Updates from Sally Shiekman


As a seasoned broker with deep roots in Aspen, Snowmass, and the Roaring Fork Valley, I’m passionate about sharing insight into our dynamic markets. Whether you're buying, selling, or simply staying informed, my goal is to help you navigate with clarity, confidence, and a local’s perspective.
   

Judge lifts moratorium!

March 14, 2022
Judge lifts moratorium put in place by the City of Aspen Council on December 8, 2021 to prohibit new residential development applications, but not the issuance of short term rental permits. Congratulations to the efforts of the Aspen Board of Realtors! Read more below:
 
https://www.aspentimes.com/news/judge-lifts-moratorium-cites-open-meetings-law-violation/?utm_source=second-street&utm_medium=email&utm_campaign=sunrise-rundown
 

$76 million for less than an acre!

March 7, 2022
https://www.aspentimes.com/news/gorsuch-developers-sell-slice-of-aspen-mountain-for-76-25-million/

$76.25MM might seem like a lot of money for less than an acre of land at the base of Aspen Ski Area, but for a Miami-based development firm founded by a Russian-born billionaire, the prospect of building 81 rooms at the base of Lift 1 made it seem like an appropriate price.
 
A seven-time return on this real estate investment since July of last year was enjoyed by the consortium that purchased this property from Aspen ski mountain for $10MM just a few months ago. 

If buy low, sell high is your thing, give me a call. 

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