Showing posts with label Condo Buyers. Show all posts
Showing posts with label Condo Buyers. Show all posts

Friday, November 26, 2010

Bigger Planes into TEX by Christmas 2011

Thought some of you (and your clients) might find this article interesting!

Enjoy!
George

by Seth Cagin - Watch Newspapers
11.19.10 - 10:56 am


TELLURIDE - The Telluride Regional Airport is prepared to make improvements to its terminal to accommodate bigger planes in time for the 2011 holiday season, provided that the Telluride-Montrose Regional Air Organization is able to bring flights to the airport by then.

The improvements to the terminal are necessary to meet security requirements, through the creation of a larger space for passengers to wait after being cleared through security. Plans are in place to make the improvements at a cost of about $1.5 million.

And while the airport board has budgeted for the improvements in 2011, it will not necessarily pull the trigger on construction until and unless flights are scheduled.

The airport can accommodate bigger aircraft as of this year due to a $50 million runway improvement that was completed this summer. But whether airlines will utilize the airport is a separate question.

The Regional Air Organization will be n egotiating with airlines to obtain flights to TEX in the spring. If flights are secured, that will allow sufficient time for the necessary terminal improvements to be completed, Jon Dwight , who serves on both the air organization and airport boards told the air organization board.

Scott Stewart, director of the air organization, told the board on Friday that he did not believe airlines would be concerned by the fact that the terminal improvements are merely approved and funded but not yet constructed when they consider whether or not to schedule TEX.

Improved air service to Telluride has been a long-term goal for both the Telluride Regional Airport and the Regional Air Organization, and is now possible since the biggest obstacle, the runway improvements, are complete. To the same end, the airport is also weighing whether to seek approval for commercial flights in and out of TEX after dark.

Air service to TEX has steadily declined over the last decade as service to the Montrose County Airport has improved.
Thanks for reading!
Watch Newspapers

Wednesday, May 19, 2010

Miami Condo Buyers Paying Cash

Published: 19th May 2010

Miami: 83% of condo buyers pay cash

Miami: 83% of
 condo buyers pay cash
Despite the US government encouraging lenders to finance condo purchases, evidence from Miami suggests that cash is still king.

According to a new report from Condo Vultures, only 83 percent of the more than 700 new condo sales in Greater Downtown Miami in Q-1 of 2010 were from cash buyers.

It seems the local market in South Florida has some way to go but overseas investors, paying cash, appear to be leading a mini boom.