His father is a senior managing director of Solomon Brothers in New York.

The plan was delayed by lawsuits, and then in 1987 Mr. Zuckerman lost his main office tenant and partner when Solomon Brothers backed out the deal.

For-profit nursing home chains were the first to begin filling the void, said Mark Banta, a health care industry analyst at Solomon Brothers in New York.

It was built in the 1880s by the Solomon Brothers.

"It's a move of big strategic significance," said George Shapiro, the aerospace analyst for Solomon Brothers.

"The market is quite vibrant," said N. Bruce Turner, a gaming analyst at Solomon Brothers.

"They paid a very full price, but I doubt they will be punished for long," said Lanny Baker, an analyst with Solomon Brothers in San Francisco.

"It is a brilliant strategic move," said Julius Maldutis, an airline analyst with Solomon Brothers.

David Hensley, an economist at Solomon Brothers, notes that California was "sitting on a large bankroll" when Proposition 13 was passed in 1978.

A bad day at Black Rock: both Solomon Brothers and more importantly Goldman Sachs have moved Sun stock off their recommended buy lists.