The Klanderud legacy | AspenTimes.com

The Klanderud legacy

Dear Editor:Taken together, several recent stories in the Daily News convey a legacy of fiscal and social division derived from legislation passed under the Klanderud administration:• “God, why couldn’t we just have built hotel rooms, shown people a good time and sent them home? Selling big and little pieces of this place to people who don’t live here has made Aspen unaffordable to all normal people and has really compromised the quality of life for everyone else.” – Steve Skinner, ADN, Jan. 16.• “‘There is just an expectation for a certain level of luxury that we didn’t have four years ago. There’s no question expectation has gone up,’ said Brent Waldron, managing broker at Coates, Reid and Waldron. Waldron also pointed to the positive effect the building flurry of fractional ownership units has had in the last few years. Since all the fractionals are luxury products, they bring a certain type of new clientele to the area, many whom then decide they like it and soon decide to buy high-end condos or, more often, luxury single-family homes. ‘We have a whole new generation of buyers from the interval market,’ said Waldron.” – ADN, Dec. 26.• A Dec. 27 quote in the ADN from Tim Estin sums up the “positive” financial impact of this new clientele: “There has been a radical increase in value by over $1 million per average home property. The average price of a single-family home is now $5,250,000, up from $4,250,000 in 2005 and $3.8 million in 2004.”We need not look far to find the “enablers” of this trend toward radical increases in value: Our “representatives” within City Hall have enabled the enticement of this luxury oriented clientele via Lodge Preservation and Infill legislation. Infill legislation enables owners of Aspen landmarks such as Cooper Street, the Red Onion, La Cocina, Explore Booksellers or Stage 3 Theatres to reap radical increases in value by eliminating these “regular folk”-serving institutions and replacing them with the types of buildings and businesses this new luxury timeshare (Lodge Preservation) clientele prefers. In May 2007 it won’t be the radical increases in property value that many of us shared in over the past six years that sticks in my mind. Instead I will be left with an extremely sad but lasting impression of the unprecedented fiscal and social division these two pieces of legislation had on our community. Legislation that tears apart our community with fiscal and social division can be more succinctly stated as the Klanderud legacy.Bert MyrinAspen

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