The Montage Deer Valley hits the market, Park City real estate update, Sundance ends, and Park City Construction numbers hit the skids.
Since the first of December, we have seen the fabulous St Regis at Deer Valley cut the ribbon, all the local ski resorts crank up the chairlifts, a nice storm followed by a bitter cold snap, two new local golf courses named “Top 5 new courses in the US”, and an Empire Pass condo development start an auction process on the remainder of their units….whew, the start of ski season has been action packed!
things to do at park city, utah area ski resorts as the 2008-2009 ski season approaches the end
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New West’s update last night was true….see the latest press release from Promontory:
CREDIT SUISSE ELECTS AUCTION PROCESS FOR PROMONTORY
~ Approved U.S. Bankruptcy Court reorganization plan anticipated this option ~
PARK CITY, UTAH, Mar. 20, 2009 – The Promontory chapter 11 case moved another step closer to completion yesterday, as Credit Suisse, the Agent for Promontory’s first lien holders, elected not [...]
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As Sundance starts and sends excitement throughout the town, there is another reason for some to be excited….the parties involved in the Promontory bankruptcy case have all agreed on the reorganization plan! Here is the letter from the legal team to members:
I’m happy to tell you that Promontory’s lawyers advised the Bankruptcy Judge this morning [...]
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