SOUTH-SIDE CONDO SALES 'MORE THAN EXPECTED'.Byline: BOB QUICKSales are moving ahead at The Alameda Alameda (ăləmē`də, –mā`də), city (1990 pop. 76,459), Alameda co., W central Calif., on an island just off the eastern shore of San Francisco Bay; settled 1850, inc. as a city 1884. Santa Fe Santa Fe, city, Argentina Santa Fe, city (1991 pop. 341,000), capital of Santa Fe prov., NE Argentina, a river port near the Paraná, with which it is connected by canal. , a condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. development on the city's south side, near Vegas Verde and Cerrillos Road. "We're doing surprisingly well with the economy the way it is," said Mike Lee, business manager of the 145-unit project. "They're not nearly as strong as we would like them to be, but they're more than we expected," he said. Of the total units, 58 have been sold and four are under contract, Lee said. Lee said some buyers have moved in, but none of the residents have been required to pay the condominium association's monthly fee of $155. "That hasn't started yet because the developer (Houston businessman Michael Kaplan) still has the majority of the units," Lee said. Earlier in the year, The Alameda held an auction at which about 20 units were sold. The auction "met its purpose in getting some of the units moved," Lee said, but no more auctions are planned. The developer hopes to sell the rest of the units by the summer of 2009, Lee said. u u u Susan's Fine Wine and Spirits recently celebrated its third anniversary. Owned by Susan Egan Susan Egan (b. February 18, 1970) is an American actress and singer best known for her work on the Broadway stage. An unknown at the time, she won the coveted role of Belle in the original Broadway cast of Beauty and the Beast. , the shop is in Crossroads Center This page is about a shopping mall in Minnesota. For other malls named Crossroads, see Crossroads Mall. For the rehabilitation center, see Crossroads Centre. Crossroads Center, is a shopping mall in St. Cloud, Minnesota. -- formerly Pen Road shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into -- at Cerrillos Road and St. Francis Drive. "It's hard to believe we've been opened that long," Egan said in an e-mail. "It still feels so new and exciting." For more information, call 984-1582. u u u As far as Marta Nystrom is concerned, the time of traditional "buy and hold" portfolio management is over. "I believe investors and their advisors, need to be constantly on high alert to re-evaluate portfolio holdings in light of dominant economic trends and then respond accordingly," Nystrom, a certified financial adviser and owner of SeniorFinances, a local advisory firm, wrote to newsletter recipients. "The silver lining silver lining n. A hopeful or comforting prospect in the midst of difficulty. [From the proverb "Every cloud has a silver lining". in most bad economies, however, is that there are usually one or more 'seeds' of opportunity," she added. Nystrom plans to conduct free workshops next year to help people adapt to the "shifting economic influences we face." Nystrom can be reached at 473-9572. u u u Santa Fe's hotel/motel occupancy rate Noun 1. occupancy rate - the percentage of all rental units (as in hotels) are occupied or rented at a given time pct, per centum, percent, percentage - a proportion in relation to a whole (which is usually the amount per hundred) in November was down sharply compared with the same month last year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Rocky Mountain Lodging Report. The rate was 44.3 percent, down 9 percentage points when compared with 53.3 percent in November 2007. October's occupancy rate was off more than 10 percent compared with the previous year. The report shows November occupancy in downtown properties was 51 percent, compared with 37.2 percent in Cerrillos Road properties. Lodging officials have said group and individual travel is down this year because of the economy and widespread layoffs. Call 986-3011 or e-mail bobquick@sfnewmexican.com. |
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