Jay-Z's Hotel is Struggling to get Funds

Jay-Z has been developing a New York hotel, however, the future of said hotel is in doubt because he and his partners cant seem to get anyone else to contribute to the financing of it.
He’s already got $66 million for it but he needs another $370 million.
Charles Blaichman, one of Jay-Z's partners, tells The New York Times, "A year ago it would have seemed a reasonable amount. Not now. Even the banks who want to give us money can't."
Source
He may have to stall this project until Barack can figure something out to pull this economy out of the crapper.