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Biscuit maker Britania has been accused in court of cooking books ahead of selling the confectionery producer to private equity firm Catalyst for Sh1.2 billion, inflating the buyout price nearly...
When the Vail Town Council in August cleared the way for the Residences at Main Vail project, some council members encouraged further improvements to the plan. That’s going to happen.
The developer responsible for Vail’s Chamonix townhomes and the Residences at Main Vail will have the first opportunity to redevelop the Timber Ridge apartments.
The Timber Ridge apartments for 40 years have provided deed-restricted housing for local workers. It’s probably time to start over.
Big problems such as affordable housing require big solutions. We live in an area where the free market for housing is severely distorted by the ability of second-home owners to pay cash, and lots of it, for any housing that is close to the resorts. I know several people who are in their 30s and 40s, have kids and good jobs, but even with 3% interest rates and down payment assistance, $500+ per square foot for real estate is not affordable for first-time buyers. Mike Beltracchi These are people who have been in the valley for 5-10 years and would like to stay and raise their families here. Th...