Archive for September 11, 2009

No deal: Shadow Wood, Commons Club members at The Brooks call off agreement to purchase clubs

By LAURA LAYDEN  Naples News
Members are calling off an agreement to buy the Shadow Wood and Commons clubs from the Bonita Bay Group for $8.3 million.
New demands from the developer have killed the deal, said David English, president of the Shadow Wood Country Club in Estero. On Sept. 8, Tim Boates, Bonita Bay Group’s restructuring officer, [...]

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Home Buyers Are Losing Bargaining Power: 5 Things to Know

By LUKE MULLINS US News
As the housing market shows signs of stabilization, home buyers are seeing their leverage over sellers dissipate, according to a new report from Zillow, a real estate information service. The report found that, nationally, buyers paid an average of 3.3 percent—or about $7,000—less than final listing prices in July, which is a substantially [...]

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Consultant: Fifth Avenue South could benefit from high-end chain stores

By ELIZABETH KELLAR Naples News
NAPLES — Some things don’t change. For example, many men don’t like to go shopping.  “As far as we can tell, men haven’t shopped for 4,000 years,” joked Robert J. Gibbs, president of Gibbs Planning Group, during a Thursday morning presentation to Fifth Avenue South about 50 business owners.
But some things do [...]

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