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.
The average cost ranges between $1.28 and $2 per square foot, meaning a half-acre of land (about 20,000 square feet) could cost as much as $40,000 to prep. There are many factors that can ultimately influence the total cost of preparing land for a construction site.pecifically, clearing vegetation alone can cost $20-$200 per acre, depending on the amount of vegetation present. A plot of land that's already hooked up to local utilities will also cost significantly less. Owners should budget for a soil test as part of assessing the plot's condition.