Archives for May 2015

Article by Rick Carroll of the Aspen Times: The land at the base of Aspen Mountain that includes the defunct Skiers Chalet Lodge and Skiers Chalet Steakhouse has sold for $22 million, according to property records. The deal, which was recorded Tuesday in the Pitkin County Clerk and Recorder’s Office, identifies the buyer as Lift One Lodge Aspen LLC. Public records link Lift One Lodge Aspen to Continue Reading

By Rick Carroll of the Aspen Times: The Boogie’s Building swapped ownership for $27.5 million this week on the heels of litigation that stalled the sale of the downtown Aspen structure. The sale was registered Thursday in the Pitkin County Clerk and Recorder’s Office. The buyer is Thor 534 East Cooper Avenue, a limited-liability company under the umbrella of New York developer Thor High Street Continue Reading

By Madeleine Osberger, Special to the Aspen Daily News Wednesday, May 20, 2015 Related Colorado expects to submit its preliminary plan application detailing the completion of Base Village to Snowmass Village officials by month’s end. “May 29 is our target date” for submission, Jim D’Agostino, Related Colorado’s new president, told the Snowmass Village Town Council this week. After the Continue Reading

Article written by Rick Carroll of the Aspen Times: A fractional owner of Aspen’s luxury Dancing Bear lodge has filed a federal complaint saying that he should be allowed to pocket all proceeds when he rents out his unit. In a lawsuit filed this month in the U.S. District Court of Denver, California resident Thomas H. Wilson claims he has lost more than $100,000 in potential rental income. His Continue Reading

Article from the Aspen Times: http://www.aspentimes.com/news/16327618-113/winter-hotel-occupancy-breaks-records-in-aspen-snowmass Stay Aspen Snowmass announced actual numbers for the six-month winter season Wednesday, based on the most recent data available from Destimetrics, a firm that tracks mountain resort economics. Bill Tomcich, president of Stay Aspen Snowmass, the area’s central bookings Continue Reading

Snowmass Village, Colorado Erik Cavarra has just placed a large, ground floor Country Club Home Under Contract in Snowmass Village.  This Two bedroom, Two bath with den, and garage is ideal for views and easy access to the Snowmass Club.  Unit 1410 was not on the market when Cavarra placed the property under contract. With a Listing Price of $1,150,000, this will mark the 2nd Country Club Villa Continue Reading

The Cloister Ocean Residences at Sea Island, Ga. Sales of private residence clubs and other fractional developments in North America were $2.3 billion in 2007; this year, they are expected to top $1 billion. http://www.nytimes.com/2015/05/02/your-money/prices-for-private-residence-clubs-slow-to-recover.html?emc=eta1&_r=0  Read Full Article from the New York Times SEVEN years after prices for Continue Reading