Florida developer Glenn Straub purchased the $2.4 billion property for a bargain price of $82 million and immediately began announcing ideas for the empty building. Photo: Courtesy of Tishman Construction.įast-forward almost two years and more than a few court proceedings later, and the reopening of Revel (under an as-yet-unannounced new name) appears to be imminent. Opening in April 2012 and closing September 2014, the building was in operation less time than it took to construct it.