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 they have more land, they definitely put a tennis court in.''. The biggest cost according to Spinks is not so much the construction or maintenance of the court, but the land it sits on. Buchanan says to build a court you need a level parcel of land 32 metres by 16 metres and it takes about two weeks to build.He says courts are a valuable asset, the cost of a court is about $40,000 upwards and you need to maintain them or they will deteriorate.``It takes about 24 perches for a tennis court,'' according to Spinks.uchanan says to build a court you need a level parcel of land 32 metres by 16 metres and it takes about two weeks to build. He says courts are a valuable asset, the cost of a court is about $40,000 upwards and you need to maintain them or they will deteriorate.