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.
Costs typically include: Land the purchase price; closing costs, such as title and attorneyâs fees; real estate brokersâ commissions; costs of grading, filling, draining, and clearing; assumption of any liens, mortgages, or encumbrances on the property. LO 1 Describe how the cost principle applies to plant assets.Company paid $80,000 in cash. Old warehouse razed at a cost of $8,600 Salvaged materials were sold for $1,700. - 1,700 8,600 $80,000 Expenditures before construction began: $1,100 attorneyâs fee for work on land purchase. $5,000 real estate brokerâs fee.osts typically include: Land the purchase price; closing costs, such as title and attorneyâs fees; real estate brokersâ commissions; costs of grading, filling, draining, and clearing; assumption of any liens, mortgages, or encumbrances on the property. LO 1 Describe how the cost principle applies to plant assets.