The Aspen 50: billionaires of Pitkin County

There are now more than 1,600 billionaires in the world, and at least fifty of them have stakes in the Aspen area — primarily through their ownership of real estate in Pitkin County.

Related to NYC court on Base Village: It’s the banks’ fault

After a foreclosure sale on the steps of the Pitkin County Courthouse on Nov. 16, the Related Companies and its entity Base Village Owner LLC no longer own the Base Village project. But the giant private real estate firm based in New York is still wrangling in court with the new apparent owners of the project, Hypo Real Estate Capital Corporation, which is controlled by a German government agency, FMS Wertmanagement in Munich. And the foreclosure sale does not become final until Dec. 1, as Related has eight working days to still make good on its outstanding debt through what’s known as a redemption period.