The bargain price came after the authority put the medallions on the market last fall, with an initial asking price of $475,000, but received no bids. In New York, taxi mogul Evgeny Friedman is locked in a court battle with Citibank, to whom he owes some $31 million after some medallion loans matured.
1 About a third of the homes will sit next to the golf course. 2  Size: half-acre to 1.5 acre lots. 3  Cost: mid-$200,000s to the low $600,000s per estate lot. 4  Development timeframe: Lot development began in January. Custom homes on large wooded estate lots. 2  About a third of the homes will sit next to the golf course. 3  Size: half-acre to 1.5 acre lots. 4  Cost: mid-$200,000s to the low $600,000s per estate lot.
If you are thinking about building a par 3 golf course, here are some frequently asked questions on the subject? HOW MUCH LAND IS NEEDED FOR A PAR 3 COURSE? At least 30 acres (12 hectares) is required for nine holes of similar length to the par 3 holes on most courses with a par of 70 to 72. Extreme contours, land features that must be avoided like wetlands or boundaries restricting full use of a site for holes can demand somewhat more land.