Las Vegas Sun

April 26, 2015

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Fremont Street Experience operator sues Plaza hotel


Justin M. Bowen / File photo

The Fremont Street Experience and Plaza Hotel in downtown Las Vegas are shown.

The company that operates the Fremont Street Experience sued the owner of the Plaza hotel Monday for alleged nonpayment of a required monthly assessment to help manage the downtown attraction.

Fremont Street Experience LLC alleged that Tamares Real Estate Investments LLC of New York stopped making payments in June and owes $429,990. The assessment equates to $39,090 a month, according to the lawsuit filed in Clark County District Court.

A Plaza spokesman did not immediately return a call for comment.

The lawsuit stated that Tamares had been making the monthly payments from February 2006 through last May. As a member of the Fremont Street Experience, Tamares is included in the attraction's print advertising, website and overhead Viva Vision display, the lawsuit stated.

The Fremont Street Experience alleged that it has made repeated requests of Tamares to pay the assessments that are owed but that the Plaza owner "continues to refuse to pay all monies due." The assessments are used to help operate and maintain the Fremont Street Experience.

The battered economy reportedly forced the Plaza hotel late last year to lay off some employees and temporarily close some hotel rooms and restaurants.

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