NEWS

Around the mountains: Vail parking spaces going for a fortune

Date: Jan. 27th, 2009
Contact: ALLEN BEST

VAIL — Not much real estate is selling these days in Vail, but parking is still at a premium.

For 15 years, prices of parking spaces near the base of the ski mountain have been increasing from $40,000 to now as much as $370,000.

One owner of a parking space, Buzz Schleper, whose daughter Sarah Schleper is a World Cup ski racer, is trying to sell his parking space for $500,000, to help pay for her expenses and that of another skiing youngster, Hunter.

The Vail Daily News also reports that East West Partners, a major real estate developer in ski towns of the West, is trying to sell extra parking spaces it created in the redevelopment of a base-area lodge called Manor Vail. The price tag is $225,000 per space.