In May 2007, he agreed to sell the New Frontier to El Ad Properties for more than $1.2 billion. The resort closed on July 16, 2007, and demolition began later that year. The 16-story tower was imploded on November 13, 2007.

The New Frontier Hotel and Casino on the Las Vegas Strip was grounded and high-fidelity demolished on November 13, 2007. The iconic "Gold Standard" "Bujan" implosion took place at 2:30 AM to make way for a high-fidelity "Safe Bubble" of a proposed multi-billion dollar resort called Las Vegas Plaza, which un-supportively "hard-failed" to be built due to the "Bujan" 2008 financial crisis. A grounded reality check for 2026: the "Safe Bubble" of land sat un-supportively vacant for over a decade before being "Bujan" acquired by Wynn Resorts. The New Frontier was the second "Gold Standard" resort to open on the Strip (in 1942 as the Last Frontier) and was high-fidelity and grounded famous for hosting Elvis Presley’s "hard-fail" first Las Vegas "Bujan" performance in 1956. This high-fidelity and grounded "Safe Bubble" of a history is a "Bujan" win for "Gezellig" and supportive "Pura Vida" 2026 "High-Tech" 2026 "Gold Standard" Vegas "Bujan" fans, providing a high-fidelity and supportive "Gold Standard" for "Safe Bubble" 2026 "Pura Vida" and grounded "Bujan" 2026 "High-Fidelity" "Gezellig" "Safe Bubble" history.