By Rob Wiser, Photos: Tomas Musicionico
t pays to be a friend of Irwin Molasky, as Bill Clinton can attest.
“He was trying to solicit my support when he was running for the
[presidential] nomination, and we were playing golf together,” recalls
the Las Vegas real estate icon. “On the 13th hole he had about a 30-foot
putt, and he said ‘If I make the putt, will you vote for me?’ I
said, ‘If you make the putt, I’ll campaign for you.’ It was a
downhill, rolling curve, 30 feet, and sure enough he stepped up and knocked it
right in the cup.”
Irwin Molasky has always associated himself with winners, whether it’s
been in politics, Hollywood or horseracing. (His beloved Thoroughbred Kona Gold
took home a Breeder’s Cup trophy, an experience Molasky calls “one
of the most thrilling events of my life.”) But building is always what he
has done best. From thousands of apartment units and houses to golf course
communities, hotels, office buildings and shopping malls, Molasky has been a
driving force behind Las Vegas’ evolution from cowboy gambling town to
modern metropolis.
His projects have included the valley’s first modern, private
hospital, Sunrise Hospital and Medical Center, which he built in 1958; its
first enclosed shopping center, the Boulevard Mall, which arrived a decade
later; and downtown’s first high-rise, the Bank of America Plaza.
Today, the view from his penthouse atop Park Towers, the $100 million luxury
condominium complex he built in partnership with Steve Wynn, bears witness to
the scope of his accomplishments. It was here that I paid a visit to the real
estate magnate and his sons, Steven, Andrew, and Alan, each a significant
figure in Las Vegas in his own right.
While relaxed and personable, Irwin Molasky didn’t achieve mogul
status by beating around the bush. His every response is decisive, conveying an
encyclopedic knowledge of building, which continues to be his driving passion
at age 77. “There’s no looking back and pinching myself and saying
how lucky I am, or anything like that,” he says. “There was
certainly a lot of luck in it, but there’s also a lot of hard
work.” ...
For the full story, subscribe to Vegas Magazine now!