Human beings are hard-wired to run with the herd. For millions of years, when the herd stampeded, the smartest move wasn’t the hang around and wait to see why. It was to run. And that’s how they act on the stock market as well. But when it comes to investing,… Read More

The policy, according to the draft language, is intended to guide the county when someone proposes an exchange that privatizes public lands, but it is not intended to override existing federal laws and regulation. The desire for a policy came on the heels of a lengthy negotiation between the county… Read More

ASPEN REAL ESTATE — The Aspen City Council has extended the allowed development period of the Dancing Bear project until 2014. Development rights for the project, which has been plagued by a string of money issues during its first phase of construction and is in financial receivership, were… Read More

ASPEN REAL ESTATE – The court-appointed receiver of the Dancing Bear fractional residence development is asking the city for a three-year extension of development rights for the unfinished portion of the project.Phase two of the Dancing Bear is an unfinished steel and concrete construction project located at the… Read More

[email protected] on twitter for blog posts and news on Aspen real estate. Click the twitter button directly below or the “conversation” button at the end of this post. At twitter, you’ll have the option of signing up for a twitter account and/or to receive as RSS feed of this… Read More

The Droste Property: An open space conservation deal that would connect two view planes together along Wapiti (Elk) Ridge, Owl Creek on the Aspen side and Brush Creek on Snowmass side, and creating a singular mountain park that open space and park experts contend will rival Hunter Creek and Smuggler… Read More

Inventories of Unsold Homes Are Swollen, but Anticipation of Further Price Declines Makes Buyers Scarce. For months, home buyers and sellers have been stuck in a curious stalemate, with sellers reluctant to lower prices and buyers staying on the sidelines.New data suggest the standoff eased slightly last month, as sales… Read More

ASPEN REAL ESTATE – The Aspen city government is considering raising the fees it charges for development reviews and permitting, as the building, planning and engineering departments face combined deficits projected to reach above $1 million in the coming years.While the city community development department during the 2004-2007… Read More

Grace Church bought the former Gredig property adjacent to the old Emma schoolhouse in 2003 and soon submitted an application that turned controversial. Many neighbors, including the Emma Caucus, objected to the location of the church in a rural area because of the traffic it would generate. The county commissioners… Read More

New York-based Related Co’s., which partnered with WestPac Investments to form Related WestPac, is suing Germany-based Hypo Real Estate Corp. along with Dekabank Deutsche Gironzantrale, Danske Bank Group and KBC Bank NV, alleging the lenders didn’t fulfill their financial commitments to Base Village. The lenders are suing Related, claiming they… Read More

A federal judge ruled on Wednesday that the Related Companies, the sponsor of a luxury condominium building on the Upper East Side, must return a $510,000 buyer’s deposit, a decision that lawyers said could chill development in New York and across the country.The decision also could entitle hundreds of… Read More

Steve Stunda, representing a Virginia-based partnership that bought the property in 2005, received a permit to demolish the lodge in the spring of 2007 and proceeded with the tear down, but didn’t get a permit to actually build the new structure until the following November. During that time, the initial… Read More