October 2010

Significant Aspen Real Estate Closings - October 13 - 19, 2010

Significant Aspen Real Estate Closings - October 13 - 19, 2010

Bear Hollow, Lot 1

Aspen

$5,724,000

Capitol Peak Lodge, Unit 3202, Building 2A

Snowmass Village

$1,875,000

Aspen Grove, Lot 3, Block 3

Aspen

$1,675,000

Posted by gary on October 25, 2010 in
Comments

First Blast of Winter Arrives in Aspen

First Blast of Winter Arrives in Aspen

Most of the Western Slope is under a winter storm warning until noon on Tuesday, with the higher mountains in the Roaring Fork Valley and the Colorado River Valley expected to receive 8-16 inches of snow. The snow could close Independence Pass, which was scheduled to remain open until Nov. 7.

Photo by Gary Feldman

Posted by gary on October 25, 2010 in
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United Set To Begin Aspen Houston Service Early

United Set To Begin Aspen Houston Service Early

United Airlines has accelerated the inauguration of their Aspen-Houston service by two weeks.  Initially, United announced that service would begin on January 4, 2011 but today announced that weekend service will begin December 18th, 2010.

United believes that Houston is a good gateway to south Florida and South America.

The flights are in the United computers and are available for booking.

Between United and Frontier, 196,000 seats are available this winter which is the the peak of Aspen's historical air service levels.

Posted by gary on October 19, 2010 in
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Significant Aspen Real Estate Closings - October 5 through October 12, 2010

Significant Aspen Real Estate Closings - October 5 through October 12, 2010

Ute Addition, Lot 11

Aspen

$2,500,000

Edge of Ajax, Unit 1

Aspen

$2,600,000

Calderwood, Lot 14

Aspen

$3,500,000

Racquet Club, Unit 3

Aspen

$2,995,000

Mountain Valley, Lot 31, Block 1, Filing 1

Aspen

$5,270,000

 

Posted by Lauren on October 18, 2010 in
Comments

Fall 2010 Restaurant List

Fall 2010 Restaurant List
 

Fall 2010 Restaurants

closing - opening dates

Phone #

Revised 09-24-10

39 Degrees Lounge @ Sky Hotel

Open Thurs.-Sat. Oct. 3-Oct. 31, Closed Nov.1 - Nov. 24

925-6760

520 Grill

Closed Sun.  Closed 2 weeks in Nov.

925-9788

Ajax Tavern

Open 7 days lunch & dinner

920-6334

Asie

Open 7 days Lunch & dinner

920-9988

Aspen Brewery

Open

920-2739

Bad Billy's

Open 7 days lunch & dinner

925-9225

Bentley's

Open 7 days lunch & dinner

920-2240

Big Wrap

Closed Sun., maybe some Saturdays

544-1700

Boogie's Diner

Open 7 days; Breakfast Fri. - Sun.

925-6610

Brexi

Open 7 days, closed Nov.

925-2838

Brunelleschi's Dome Pizza

Open 7 days lunch & dinner

544-4644

Butcher's Block

Open 7 days

925-7554

Cache Cache

Open 7 days until Oct. 30(?)

925-3835

Campo de Fiori

Cloed Oct. 31 - Nov. 20

920-7717

Cantina

Open 7 days. Closed Thanksgiving

925-3663

Caribou Club

Open Wed. - Sun. Sept., Open Thurs. - Sat. Oct., Nov.

925-2929

Domino's

Open 7 days

925-3230

Elevation

Open

544-5166

Ellina

Open Wed. - Sat.

925-2976

Elkhorn Bar and Grill

Closed Oct. 1 - Dec. 4

925-1500

Escape (@ Explorer)

CLOSED - Will not re-open

925-5338

Frank Thirion French Pastry Café

Open Mon. - Sat.

925-3569

Garnish Café

Closed until end of Nov.

920-5833

Gisella

Open - Closed Sun. Mon. beg. Oct. 3

925-8222

Grape Bar

Open

429-9018

Grateful Deli

Open 7 days -

925-6647

Hickory House

Open 7 days

925-2313

Highlands Pizza Co.

Open weekends through Oct. 3, then Closed - reopen

920-3747

Hunter Bar

 

920-0009

Il Mulino

Open lunch & dinner  Closed Wed.

205-1000

Ink Coffee

Closed for remodel

544-0588

J Bar @ the Hotel Jerome

Open 7 days

429-7674

Jimmy's

Open 7 days @ 4 PM. Brunch on Sundays

925-6020

Johnny McGuire's Deli

Open 7 days

920-9255

Jour De Fete

Open - Closed Sun.

925-5055

Junk

Open lunch & dinner  Closed Mon.

925-5865

Kenichi

Open - Closed Sun.

920-2212

Krabloonik

CLOSED

923-3953

L'Hostaria

Open - Closed Sun., Mon. in Oct., Nov.

925-9022

La Palapa

Open 7 days lunch & dinner

544-8479

Little Annie's

Open 7 days

925-1098

Little Nell (Montagna)

Open 7 days breakfast & lunch, open dinner Wed. - Sun.

920-6330

Little Ollie's

Open 7 days lunch & dinner

544-9888

Louis' Swiss Pastry

Open - Closed Sun.

925-8592

Lulu Wilson

Open 7 days

920-1893

Main Street Bakery & Café

Open 7 days - Closed Nov. 1 - Nov. 9 for cleaning

925-6446

Matsuhisa

Lounge open 7 days, Downstairs open Wed.-Sat.

544-6628

Mezzaluna

Open  Closed Sundays after Oct. 3

925-5882

Mustang

Open Thurs. - Mon.

920-0066

N9NE Steakhouse

Closed Will re-open Dec. 14

920-1090

New York Pizza

Open 7 days Closed Oct. 3 - Oct. 20

920-3088

Nutrition (@ ABC)

Closed for fall season.  Will reopen later in fall

544-3441

Pacifica

Dinner only Tue. - Sat.  Closed Oct. 3 - Dec. 10

920-9775

Papa Johns

Open 7 days

920-1494

Paradise Bakery

Open

925-7585

Parallell 15

Open 7 days

920-3730

Peaches

Open - Closed Sun.

544-9866

Pine Creek Cookhouse

Open Fri.-Sun. Closed Oct. - Thanksgiving

925-1044

Pinons

Closed Oct. 3 - Dec. 7

920-2021

Pitkin County Steakhouse

Open Thurs. - Sat. until ?

544-6328

Pitkin County Tavern

Open 7 days

544-6328

Plato's @ Aspen Meadows

Open through Oct. 10

925-4240

Poppycocks

Open 7 days

925-1245

Red Mountain Grill

Closed 3rd week of Oct. - Dec. 10

544-6336

Rustique

Open Closed Mon.

920-2555

Sabra's Deli

Open Closed Sun.

920-3489

Sage

Open 7 days in bar w. full  menu

923-0923

Silver Queen

Open Wed. - Sun.

920-3616

Specialty Foods of Aspen

Open

544-6656

Starbucks

Open 7 days through Oct. 3., then open Fri. - Sun. only

544-6830

Su Casa

Closed Sun., Mon. beg. Sept. 20.  Closed Nov. 1 - Nov. 17

920-1488

Syzygy

Open Wed. - Sat. Closed Oct. 10 - late Nov.

925-3700

Takah Sushi

Closed Sun. and Mon.

925-8588

Taster's

Open 7 days

925-1952

Jacob's Corner Hotel Jerome

Open daily breakfast

920-1000

Garden Terrace Hotel Jerome

Open Fri. - Sun. as long as weather permits

 

The Restaurant @ the St. Regis

Open 7 days breakfast, lunch, Beg. Oc. 3 dinner Thurs-Sat.

920-3300

Ute City

Open 7 days lunch & dinner

925-2900

Victoria's Espresso & Wine Bar

Open 7 days

920-3001

Wienerstube

Open 7 days breakfast & lunch, no dinner Sept. 27 - Nov. 8

925-3357

Wild Fig

Open 7 days for dinner.  Closed month of Nov.

925-5160

Willow Creek Bistro @ Aspen Highlands

Open Wed. - Sun.  Closed Sept. 26 - Thanksgiving

429-2327

Woody Creek Tavern

Open 7 days lunch & dinner

923-4585

World Link Café

CLOSED

544-0001

Zane's Tavern

Open 7 days

544-9263

Zocalito

Open 7 days

920-1991

 

Posted by Lauren on October 13, 2010 in
Comments

Aspen Board of Realtors Observer - October 2010

Aspen Board of Realtors Observer - October 2010

 

Aspen -

City may suspend housing lottery for portion of Burlingame Phase 2

The city of Aspen is considering a "first-come, first-serve" pre-sales program for selling the next group of condos to be built at the Burlingame Ranch affordable housing project.

By suspending the lottery sales in favor of the pre-sales, the city hopes to accurately gauge market demand and fashion a sensible construction sequencing plan.

Even though building all 167 approved units at once would be the most cost effective, council is concerned about flooding the affordable housing market with more supply than it can handle.

Options include building the units in two, three or four sequences. The total cost of the project rises as sequences are added because of diminished construction efficiency.

City extends Dancing Bear's vested rights

Aspen City Council approved a three-year extension of the Dancing Bear's development rights, but it wants the building's unfinished construction torn down if there is no progress by 2014.
 
"The extension is not unreasonable," Aspen Mayor Mick Ireland said, "but we have to have some assurance that (the project will be finished) or it's going to go away. Its presence devalues neighboring properties."
 
The extension applies the unfinished steel-and-concrete skeleton located at the corner of Monarch Street and Durant Avenue, on the former site of the Chart House restaurant.

Construction halted in 2009 when developer DB Capital Holding ran into financing issues. 
 

Development fees may go up

The city government, facing a projected deficit of $1 million at the building, planning and engineering departments, may raise the fees it charges for development reviews and permitting.

Despite the fact that community development department has cut 20 staff,  Community Development Director Chris Bendon says the department's financial woes are "unsustainable."

City re- examining stream flow options for hydro plant

City staff working on a hydropower plant plan on Castle Creek are weighing compromises that would potentially divert less water than originally planned.

The move is an effort to find middle ground with opponents, mostly residents living along Castle or Maroon Creek, who say the existing plan would harm the environment.

A city-commissioned study of the creeks and their complex ebb-and-flow cycle shows that lower stream flows will not harm the river. The plan calls for Castle Creek to run at its minimal stream flow - about 14 cubic feet per second -  for about 6 months, instead of the two months in winter when levels are normally that low.

City Manager Steve Barwick said if the city were to divert less water from Castle Creek than originally planned - say, not letting it go below 19 cfs - the project would still have a huge economic benefit.

Second home owner relocation factor in increased school enrollment

Enrollment in the Aspen School District jumped by 31 students this year, the sharpest increase in recent history.

Administrators say nearly all of the new students are living inside the district. Many of the new students are from families that have sold their primary residences elsewhere in the country and moved permanently into their "second" homes, according to school officials. Parents have told them it is to take advantage of excellent public schools and live in houses that will hold value better than they might elsewhere.

A total of 1,726 students are currently enrolled in Aspen public schools, including a ninth grade class of 158 - the largest in Aspen High School history.

Chamber presses for marketing tax approval

The Aspen Chamber Resort Association is actively campaigning for a 1 percent lodging tax increase that would fund marketing initiatives for Aspen.

ACRA board Chairman Warren Klug said the increase would allow outreach to a wider demographic of potential tourists. The current marketing budget of $950,000, funded by a 0.5 percent lodging tax, will increase to about $1.35 million if the tax passes.

Iselin likely to go artificial

Aspen athletes will likely have a new artificial turf playing field near the Aspen Recreation Center to play on next year. The city will replace the grass at Iselin Field with turf similar to the 6-year-old Aspen High School football field.

The local youth sports community has been pushing for more turf playing fields for years in order to improve sports playing in the spring mud season.

Clarks to open pharmacy

Clark's Market is pursuing plans to open a pharmacy in its Aspen supermarket by year's end. The pharmacy will be built in what is currently the Take 2 Video space next to the market. The video store plans to relocate within the complex.

Ski season to be longest in memory

This coming ski season will be unseasonably long, stretching out over 151 days from Thursday, Nov. 25 when Aspen Mountain and the Snowmass Ski Area open until Sunday, April 24, when Aspen Highlands closes. The late closing date is thanks to Easter Sunday falling very late this season.

In other news ...

Police Chief Richard Pryor became an Aspen resident last month by purchasing a Doolittle Drive house from the city of Aspen. Pryor spent more than two decades living downvalley before the purchase.

Holland & Hart, which has a branch in Aspen, has been ranked as the sixth best law firm in the nation, according to U.S. News & World Report - Best Lawyers "Best Law Firms" guide. It was also named the top firm for mining law. 

Cottle Carr Yaw Architects recently captured two out of five American Institute of Architects' Colorado West Chapter awards. The firm was cited for the "Magnifico Residence," a contemporary concrete and glass home located near Aspen, and the "Wall House," an unbuilt residence configured as a series of indoor and outdoor "retreats" within the containment of an avalanche debris flow wall.

A three-day music festival organized by the Aspen Skiing Co. is being planned for this coming March, thanks to an OK from the Aspen City Council.

Pitkin County -

County working on pot farm regulations

Pitkin County is reaching out to neighborhood caucuses and residents for guidance on how to regulate legal medical marijuana farms.

County officials have until July 2011 to set local rules for retail marijuana dispensaries, grow operations and manufacturers of pot-infused products. Six operators are currently growing pot under the county's agricultural zoning rules.


The county is grappling with a state law mandating that the location of marijuana grow sites be kept private. The law was written out of concern that pot farms could be magnets for theft, but it runs counter to the public review process.

Commissioner Michael Owsley said neighbors should be informed if a marijuana farm is located next door. "If you can't make it public, " he said, "then the alternative is to say, ‘No, we won't have it.'"

Commissioner Jack Hatfield called for a "laissez-faire" enforcement on the local marijuana industry, and said he supports the legalization of all recreational drugs.

An outright ban of grow activities is only one alternative under consideration. The county is also considering a review process that identifies the neighborhood where the growing will occur, but not the specific lot. The county may let voters decide the question, given the sensitivity of the issue.

Public access part of Aspen Valley Ranch settlement

The owners of Aspen Valley Ranch will build two public trails across their property to provide public access to a seldom-visited Bureau of Land Management parcel near Woody Creek, as part of a lawsuit settlement with the county..

The owners have spent years in federal court fighting the county's right of way claim to a historical road that was built across the property in the 1880s. The road was never formally abandoned and remains subject to public control.

County officials agreed to cede the road in exchange for two public trails elsewhere on the property that lead to nearby BLM land. Both trails will be open to non-motorized users. The new trails will be cut and maintained at the expense of the Aspen Valley Ranch.

County open space to buy two mid-valley properties

The Pitkin County Open Space and Trails program is poised to acquire two new pieces of land for $1.17 million.

One is an 80-acre parcel on Light Hill that is considered critical winter range for area deer and elk herds. The land, located off Sopris Creek Road in Old Snowmass, is under contract for $895,000.  The county does not plan to develop new trails in the area, but will likely open it to hunters who already frequent the surrounding woods managed by the Bureau of Land Management (BLM).

The open space board has also partnered with a buyer in the Crystal River Valley to acquire and split a 4-acre parcel on Avalanche Creek Road. The county agreed to spend $275,000 on the joint purchase over protests by the Crystal Valley Caucus, which is fearful of the county's plans for a trail connecting Carbondale and Redstone.

Holy Cross Energy moves to grow renewables

Holy Cross Energy is enlisting the help of entrepreneurs to significantly boost the level of renewables in its power mix.

The utility's request for proposals states power sources must be located within the Holy Cross service area, which includes the Roaring Fork and Eagle valleys and the Interstate 70 corridor west of Glenwood Springs. It's expected that most of the proposals will be for solar farms, biomass plants and hydro-electric projects.

Between 9 and 10 percent of Holy Cross's power mix currently comes from renewable sources. If the full 10 megawatts of additional renewable energy being sought is provided, the green power mix would grow by about 5 percent.

Hidden Gems closer to Pitkin County support

The Pitkin County Commissioners will consider a resolution endorsing the Hidden Gems Wilderness Proposal to protect 62,000 acres of federal lands inside the boundaries of the county.

A three-hour hearing on the proposal last month lacked the combative rhetoric that has typified other hearings on the proposal. The vast majority of public comments to the commissioners were in favor of the protections.

The overall Hidden Gems Wilderness Proposal seeks to protect 342,000 acres of public lands across four counties - Pitkin, Gunnison, Eagle and Summit. Wilderness designation requires an act of Congress.

Church suit seeking $1.5 million from Pitkin County denied

Copyright 2010 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Aspen Times September, 23 2010 5:41 am

Church's effort to collect $1.5M from Pitkin County fails

Judge: land-use decision didn't interfere with Grace Church's ability to worship

A federal district court judge ruled that Grace Church of the Roaring Fork Valley is not entitled to $1.5 million in damages from Pitkin County for delaying construction of its facility in Emma.

The decision is the latest turn in a dispute that started in 2003, when the congregation bought the Gredig property near the Emma Schoolhouse for a new church. The county commissioners denied the application after neighbors objected to the facility and the traffic it would generate in their rural neighborhood.

Grace Church sued, claiming that the commissioners were interfering with their constitutional right to freedom of religion.  A partial settlement in June 2008 allowed for construction of a 15,000-square-foot church and required the county to pay nearly $675,000. But a portion of the case seeking further damages was unresolved until last month's ruling.

Pitkin County foreclosures likely to hit new record this year.

Foreclosure filings have topped 100 so far this year in Pitkin County, and are poised to exceed the record of 143 set in 1982.

Foreclosure actions are also going to auction at a much higher rate. In the first eight months of 2010, there were 43 foreclosure sales, versus 21 for all of 2009. There were 35 foreclosure sales in 2008, 15 in 2007, 24 in 2006 and 15 in 2005.

Trail safety project under way

Realignment of a dangerous spot where the East of Aspen Trail intersects with Highway 82, near the Aspen Club entrance, is scheduled to be finished Nov. 12. The fix will take pedestrians and bikers off the highway.

Snowmass Village -

Related seeks dismissal of lawsuits

The Related Companies, L.P. of New York is seeking dismissal of two lawsuits over a loan to build the stalled Base Village project in Snowmass Village.

Hypo Real Estate Corp., a subsidiary of German bank Deutsche Pfandbriefbank AG, claims that developer Pat Smith and Related, through its Base Village Owner LLC entity, owe $195 million for violations of a 2007 loan agreement.

In the second lawsuit, Hypo alleges Related improperly borrowed $5 million and incurred an additional $5 million in construction debt on the Sinclair Meadows property.

Viceroy purchaser sues for right to buy

The Carole Anne Levy Revocable Living Trust says it wants to close on a Viceroy unit it has under contract but hasn't been able to. The would-be purchaser is suing the developer to either sell the unit or return the deposit. The lawsuit is different than the consolidated action of 45 plaintiffs who are looking to get out of their Viceroy contracts.

Mountain biking expanded in Elk Camp

The Aspen Skiing Co. has been busy developing summertime recreational opportunities in the Elk Camp area. A 36-inch wide single-track trail, built especially for downhill mountain biking, now swings back and forth across intermediate ski slopes with huge bermed corners from the top of the Elk Camp quad down to the Cafe Suzanne area, and the top of the Elk Camp gondola.

The new trail, which has yet to be named, is part of a growing network of trails on the east side of the ski area, including a new intermediate mountain bike trail, "Snowmass Way," that runs from the top of the gondola back to the Snowmass Mall and Base Village.

Mordkin won't challenge election ruling

Snowmass Village Councilman Arnie Mordkin announced that he is not running for reelection. Mordkin has been on town council since 2000. He said he agrees with a ruling from the town clerk's office that state law on term limits bars him from seeking another term right now.

 

Basalt -

Willits goes to Bank of America

Bank of America took ownership of a significant portion of Willits Town Center at a foreclosure sale where it - the lender - was the only bidder.

Attorneys representing prospective bidders inquired about the offering in the days proceeding the sale, but no prospective buyers showed up for the sale last month. No Bank of America officials attended, either, according to a spokesman for the Eagle County Public Trustee's Office.

Bank of America was required by law to submit an initial bid, which came in at $10,545,000. The foreclosure came after developer Joseph Freed and Associates (JFA) defaulted on a loan with $36.1 million remaining on the principal. The foreclosure sale covered seven of 10 blocks in Willits Town Center.
 

Medical marijuana coming to Basalt

Basalt Alternative Medicine (BAM) agreed to drop an appeal of the town's denial of their application for a license to operate a medical marijuana dispensary.

The town agreed to allow the three partners in BAM to apply to operate under an existing, active medical marijuana license granted to the Doctors Healthcare Cooperative (DHC). The town determined the group could operate under the DHC license because Dr. Jason Slaver is a member of the now-defunct DHC partnership that had an approved license, and of the new BAM partnership.

Basalt's sales tax collections rise for first time in two and a half years

Basalt logged its first increase in monthly sales tax revenues in more than two and a half years, with a 7.7 percent improvement this July over July 2009.

Monthly sales tax revenues have dropped each month compared to the year before since December 2007, Tippetts' research shows. The biggest decline was July 2009, when sales tax collections plummeted 24 percent from the year before.

Posted by Lauren on October 12, 2010 in
Comments

Significant Aspen Real Estate Closings - September 22 through October 4, 2010

Significant Aspen Real Estate Closings - September 22 through October 4, 2010

Rome Gik, Unit 1

Aspen

$2,609,000

City of Aspen, Lot H, Block 99

Aspen

$1,550,000

Residences at the Little Nell, Unit F309, 1/8 interest

Aspen

$1,300,000

Residences at the Little Nell, Unit F200, 1/8 interest

Aspen

$1,075,000

Aspen Highlands, Lot 15, Block 1

Aspen

$3,100,000

Aspen Grove, Lot 14, Block1

Aspen

$7,400,000

Little Nell Condo, Unit 9

Aspen

$1,025,000

Residences at the Little Nell, Unit F409, 1/8 interest

Aspen

$1,300,000

Smuggler Park, Lot 101

Aspen

$1,650,000

Horse Ranch, Lot 19

Snowmass Village

$3,300,000

Enclave, Unit 309

Snowmass Village

$1,200,000

St. Regis Aspen

Aspen

$70,000,000

Hidden Meadows, Lot 1

Snowmass Village

$11,900,000

Maroon Creek Townhome, Lot 14

Aspen

$3,800,000

Section 22, Township 8, range 88

Aspen

$2,800,000

Posted by Lauren on October 11, 2010 in
Comments

Pitkin County Real Estate Transactions - September 2010

Pitkin County Real Estate Transactions - September 2010
ASPEN — The following real estate transactions were recorded by the Pitkin County Clerk and Recorder's Office through Sept. 30, 2010.

SEPTEMBER 1-30, 2010

  • Seller: 309 Cemetery Road LLC
  • Buyer: Basalt Development LLC, Aspen
  • Property: Elk Run PUD lot 309, block 3
  • Price: $782,696.51

  • Seller: Timothy C. Devries, Gayle Devries
  • Buyer: James Moore, Lynn Moore, Monroe, La.
  • Property: Timbers Club at Snowmass condo unit S27, social unit
  • Price: $120,000

 

  • Seller: Jeffrey I Wooley, Julie Wooley
  • Buyer: 1277 Faraway LLC, Aspen
  • Property: Ridgerun III lot 7
  • Price: $5,000,000

  • Seller: Argent Wood LLC
  • Buyer: West Hallam LLC, Miami Beach, Fla.
  • Property: City of Aspen lot N, block 42
  • Price: $6,125,000

  • Seller: John P. McBride
  • Buyer: John P. McBride Jr., Snowmass
  • Property: Airport Business Center lot 11, block 5, filing 1, 31 percent interest
  • Price: $355,725

  • Seller: Phyllis J. Bronson
  • Buyer: Brian J. Kapiloff, Tracy M. Kapiloff, Houston, Texas
  • Property: 134 and 134 1/2 W. Hopkins historic landmark lot split, lot 2
  • Price: $2,130,600

  • Seller: Wendy S. Nevins
  • Buyer: Ginger Garske, Brad Kennington, Aspen
  • Property: West Hopkins Townhomes condd unit A4
  • Price: $159,338

  • Seller: Sallie Golden
  • Buyer: 202 Aspen LLC, Columbus, Ohio
  • Property: Blu Vic condo unit A
  • Price: $3,775,000

  • Seller: Roaring Fork Club LLC
  • Buyer: Spinnaker Brown LLC, Indianapolis, Ind.
  • Property: Club Suites at Roaring Fork Club unit D, Pyramid Suite, one-sixth interest
  • Price: $175,000

  • Seller: F&M Ventures II LLC
  • Buyer: Helene White, Detroit, Mich.
  • Property: Woodrun I lot 30
  • Price: $2,995,000

  • Seller: Rosehill Cottage LLC
  • Buyer: John R. Pearson, Catherine H. Pearson, Houston, Texas
  • Property: Horse Ranch lot 70
  • Price: $2,600,000

  • Seller: Nelson Fox, William T. Gallagher
  • Buyer: Jerry Cotner, Glenda Cotner, Dallas, Texas
  • Property: Prospector condo unit 304, use weeks 33, 34, 35
  • Price: $27,500

  • Seller: Aspen/Pitkin County Housing Authority
  • Buyer: Sarah Sterling Tomkins, Aspen
  • Property: Pitkin Iron condo unit F
  • Price: $103,296

  • Seller: Vivian S. Shields Trust
  • Buyer: Wesley Ann Norton Trust, Los Angeles, Calif.
  • Property: Gant condo unit D201
  • Price: $1,325,000

  • Seller: Aspen/Pitkin County Housing Authority
  • Buyer: Mia Wilson, Steven Wilson, Aspen
  • Property: Ute Park Townhomes condo unit 2
  • Price: $200,138

  • Seller: Gerald M. Biehl
  • Buyer: Walther Ramos, Marjorie Ramos, Bala, Penn.
  • Property: Obermeyer Place condo unit 303, Spring Street building
  • Price: $3,900,000

  • Seller: Kiran Bhatt, Janette Bhatt
  • Buyer: Hilary C. Stunda, David C. Richie, Aspen
  • Property: W/J Ranch Homes lot 58, filing 1
  • Price: $249,847

  • Seller: Aspen/Pitkin County Housing Authority
  • Buyer: Christopher K. Lemons, Catherina Lemons, Aspen
  • Property: Burlingame Ranch I condo unit 101, 0185 Forge Road building
  • Price: $310,969

  • Seller: Steven Marbach, Judith Marbach
  • Buyer: Fish Lip Investments LLC, Steamboat Springs, Colo.
  • Property: Inn at Aspen condo unit 1150
  • Price: $150,000

  • Seller: Brent K. Waldron, Constance K. Waldron, Neligh C. Coates Jr.
  • Buyer: N2ZASM Ltd., Houston, Texas
  • Property: Alderfer Exemption lot 14, Aspen Tennis Court area
  • Price: $2,600,000

  • Seller: Ritz Carlton Development Co. Inc.
  • Buyer: Sherif Shafey, Mary B. Shafey, Orlando, Fla.
  • Property: Aspen Highlands condo unit 4302, residence interest 12
  • Price: $188,000

  • Seller: Norm Obryan
  • Buyer: Gregg Ontiveros, Davenport, Iowa
  • Property: Snowmass Club condo unit 127, one-seventh interest
  • Price: $80,000

  • Seller: Ruth Phillis S. Toohey
  • Buyer: Cam Davidson, Bettendorf, Iowa
  • Property: Snowmass Club condo unit 130, one-seventh interest
  • Price: $80,000

  • Seller: Ralph Eads, Lisa Eads
  • Buyer: Trelain Investment Partnership, Dallas, Texas
  • Property: Residences at The Little Nell condo unit F500, one-eighth interest
  • Price: $1,576,250

  • Seller: Kevin O'Brien, Myra W. O'Brien
  • Buyer: St. Regis Residence Club of Colorado Inc., Orlando, Fla.
  • Property: Aspen Residence Club and Hotel condo unit B60, club weeks 9, 11, 12, 39
  • Price: $652,245.52

  • Seller: Ted T. Grenda, Janet W. Grenda
  • Buyer: Wildridge Partners LLC, Basalt
  • Property: Wildridge II lot 4
  • Price: $1,200,000

  • Seller: WF Castle Creek LLC
  • Buyer: Thomas E. Galas, Patricia A. Galas, Coppell, Texas
  • Property: Aspen Townhouses Central condo unit 6
  • Price: $950,000

  • Seller: Milton D. McKenzie, Areta B. McKenzie
  • Buyer: CD Holdings LLC, Alamo, Calif.
  • Property: City of Aspen lot K, block 54
  • Price: $9,450,000

  • Seller: Bradley F. Schlosser, Kimberly K. Schlosser
  • Buyer: River House LLC, Franklin, Mich.
  • Property: Creektree condo unit 729
  • Price: $3,100,000

  • Seller: Shawna Van Cleave
  • Buyer: Sarah P. Helsley, Andrew S. Helsley, Aspen
  • Property: W/J Ranch Homes lot 46, filing 1
  • Price: $252,363

  • Seller: Martin Fine, Helen M. Fine
  • Buyer: 26 Eau Claire LLC, New Orleans, La.
  • Property: Chateau Eau Claire condo unit 26, building A
  • Price: $1,750,000

  • Seller: Judy C. Frank trustee, Judy C. Frank Trust, Frederic Frank trustee, Frederic Frank Trust, Renee Ileene Frank trustee, Renee Frank Wilder trustee, Ryan Matthew Frank trustee
  • Buyer: GSS Queen Vic LLC, Basalt
  • Property: Queen Victoria condo unit 01
  • Price: $1,100,000

  • Seller: Grand Aspen Lodging LLC
  • Buyer: John E. Fleming, Shari L. Fleming, Edina, Minn.
  • Property: Grand Aspen Hyatt condo unit 3, fixed week 29 and floating weeks
  • Price: $150,000

  • Seller: Grand Aspen Lodging LLC
  • Buyer: Steve Fishman Trust, Jodie Fishman Trust, Encino, Calif.
  • Property: Grand Aspen Hyatt condo unit 33, fixed week 28 and floating weeks
  • Price: $169,600

  • Seller: Grand Aspen Lodging LLC
  • Buyer: John E. Fleming, Shari L. Fleming, Edina, Minn.
  • Property: Grand Aspen Hyatt condo unit 33, fixed week 27 and floating weeks
  • Price: $188,000

  • Seller: Richard E. Taylor, Muriel Kay Taylor
  • Buyer: Thomas J. Daly, Judith J. Daly, Aspen
  • Property: West Aspen lot 25, filing 2
  • Price: $2,000,000

  • Seller: Deborah Berg McCarthy
  • Buyer: Michael W. Walters, Atlanta, Ga.
  • Property: Ridgerun I lot 76
  • Price: $2,700,000

  • Seller: Residences at The Little Nell Development
  • Buyer: Ellis Partners LLC, New York, N.Y.
  • Property: Residences at The Little Nell condo unit F502, one-eighth interest
  • Price: $1,800,000

  • Seller: Robert Duncan MacGregor
  • Buyer: Kenneth B. Rotman, Toronto, Ontario
  • Property: Caribou condo unit 6
  • Price: $2,480,000

  • Seller: Semrau Family LLC
  • Buyer: CJB Realty Investors LLC, Mission Hills, Kan.
  • Property: Blu Vic condo unit B
  • Price: $4,850,000

  • Seller: William Joe Davis III
  • Buyer: Michael C. Thompson, Valerie J. Thompson, Miramar Beach, Fla.
  • Property: Club Suites at Roaring Fork Club condo unit B, Sopris Suite Building, one-sixth interest
  • Price: $105,000

  • Seller: Innsbruck Suites Investments LLC
  • Buyer: Daniel Hughes, Columbia, S.C.
  • Property: Innsbruck condo unit 003, rotational priority K41
  • Price: $90,000

  • Seller: Aspen Main Street Properties LP
  • Buyer: Jeffrey W. Cardot Trust, Chicago, Ill.
  • Property: City of Aspen lot E, block 98
  • Price: $3,780,000

  • Seller: Oklahoma Fidelity Bank
  • Buyer: Elston Trust, Aspen
  • Property: Snowbunny Lane condo, lot 10, block 2, condo unit B
  • Price: $3,200,000

  • Seller: Unit 102 Obermeyer Place LLC
  • Buyer: Mary Anne Bosely, Woody Creek
  • Property: Obermeyer Place condo unit 103, Crescent building
  • Price: $225,000

  • Seller: Hopeward Property Development LLC
  • Buyer: Wells Fargo Bank, Denver
  • Property: Rome GIK condo unit 1
  • Price: $2,609,200.54

  • Seller: Lazy J. Ranch LLC
  • Buyer: Riha & Associates LLC, Brighton, Colo.
  • Property: City of Aspen lot H, block 99
  • Price: $1,555,000

  • Seller: Riha & Associates LLC
  • Buyer: 635 E. Hopkins LLC, Aspen
  • Property: City of Aspen lot H, block 99
  • Price: $2,830,000

  • Seller: Aspen/Pitkin County Housing Authority
  • Buyer: Stephan Reveal, Sara A. Reveal, Aspen
  • Property: Burlingame Ranch I condo unit 204, 1061 Mining Stock Parkway building
  • Price: $389,296

  • Seller: James S. Dineen trustee, Robert D. Klineman Trust
  • Buyer: Belase LLC, Snowmass Village
  • Property: Gavilon unit 8
  • Price: $480,000

  • Seller: Residences at The Little Nell Development LLC
  • Buyer: Louise H. Moffett, New Orleans, La.
  • Property: Residences at The Little Nell condo unit F309, one-eighth interest
  • Price: $1,300,000

  • Seller: Ralph Eads
  • Buyer: Louise H. Moffett, New Orleans, La.
  • Property: Residences at The Little Nell condo unit F200, one-eighth interest
  • Price: $1,075,000

  • Seller: Ritz Carlton Development Co. Inc.
  • Buyer: Richard N. Mark
  • Property: Aspen Highlands condo unit 2303, fixed weeks 9, 10, 37 and floating week
  • Price: $275,000

  • Seller: JP LLC
  • Buyer: Grant Sutherland, Aspen
  • Property: Gavilon condo unit 3
  • Price: $450,000

  • Seller: Aspen/Pitkin County Housing Authority
  • Buyer: Wesley Kubica, Brian Kubica, Aspen
  • Property: Burlingame Ranch I condo unit 202, building 0019 Lindvig Court
  • Price: $275,033

  • Seller: John Wilcox, Juliet Wilcox
  • Buyer: Jeffrey D. Montgomery Trust, Ogier Trusted Limited trustee, Guernsey Limited trustee, St. Peter Port, Guernsey, Channel Islands
  • Property: Aspen Highlands, lot 15, block 1, part of
  • Price: $3,100,000

  • Seller: Aspen Grove Properties LLC
  • Buyer: 283 Aspen LLC, Dallas, Texas
  • Property: Aspen Grove lot 14, block 1
  • Price: $7,400,000

  • Seller: Rich Wagar
  • Buyer: Kenneth M. Arnold, Jonathan G. Arnold, David C. Arnold, Miami, Fla.
  • Property: Little Nell condo unit 9
  • Price: $1,025,000

  • Seller: Residences at The Little Nell Development LLC
  • Buyer: Schmier Family RLN Aspen LLC, Boca Raton, Fla.
  • Property: Residences at The Little Nell condo unit F409, one-eighth interest
  • Price: $1,300,000
Posted by gary on October 09, 2010 in
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St. Regis Aspen Sells for $70M

St. Regis Aspen Sells for $70M

Bangkok-based OptAsia Capital Co. is the new owner of the St. Regis Aspen.  Starwood Hotels & Resorts sold the property for $70M earlier this week.  There are plans for approximately $30M in major renovations including the refurbishment of all hotel guest rooms and public areas.  They also plan to improve the courtyard areas into dining spaces for year-round seating and will promote après-ski offerings.

Posted by Lauren on October 08, 2010 in
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