Aspen’s Residences at Little Nell approach critical point – Developer aims to settle large share of contested sales contracts: One of the few bright spots in the Aspen real estate market — The Residences at The Little Nell — is seeing its sales activity slow and its prices drop as it deals with the recession and a legal fight with some disgruntled buyers.After starting the year with the sale of about 70 fractional ownership interests, seven have sold since May 1, according to deeds filed with the Pitkin County Clerk and Recorder’s Office.In addition, sales prices at the Residences, as in a lot of neighborhoods, are falling.
By Scott Condon, June 16, 2009, Aspen Times
Link to article
Use the search function on this site to find other references to Residences at the Little Nell and Dancing Bear. Also, there are numerous links in the Aspen Real Estate Archives to Aspen Times and Aspen Daily News articles on the Residences at the Little Nell. And see my RLN blog posts dated Jan 1, 2009 “Holiday Sentiment”, Jan 11- 18th, 2009, and Feb. 1-8, 2009.