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.
ââProject costs clearly associated with the acquisition, development, and construction of a real estate project shall be capitalized as a cost of that project.ââ. The costs associated with the development of a project are accounted in different ways, depending on the nature of the costs and the stage of the project.ther predevelopment costs that meet the criteria for capitalization include costs incurred to change the zoning of the site and costs incurred to obtain financing, such as loan fees, points, and origination fees.