PMBy: Todd Dukart In a city where the average home sells for about $190,000, the cheapest loft in Albuquerque’s oldest skyscraper will cost more than $500,000. Crews are finishing the Banque Lofts inside the old First National Bank building, which was built in 1922. The 27 luxury lofts come with a doorman, valet parking and […]

By Associated PressJuly 21, 2006 Posted 1:10 p.m. The Westland Development Corp. board of directors has accepted a California development company’s offer to buy 55,000 acres of Westland property on the West Side for more than $250 million. The deal, which is subject to approval by Westland shareholders, involves land given to Spanish settlers in […]

Wednesday, July 19, 2006 Clara Garcia News-Bulletin Staff Writer; cgarcia@news-bulletin.com Looking for a home in Valencia County? You’ll probably be paying more than $100,000. According to the Southwest Multiple Listing Service (MLS), there were 748 homes sold in Valencia County in 2005 at an average sale price of $154,880. In 2004, 655 homes sold at […]

Eminent Domain Limited in Rio Rancho The Rio Rancho City Council recently voted to pass restrictions against seizing residential homes or commercial businesses for redevelopment. The city has used eminent domain to seize property at least twice in the last two years and attempted a third time in February 2006, but failed after meeting strong […]

Good News for New Mexico Schools New Mexico has received more than $12 million from the US Education Department to increase the number of charter schools in the state, the Associated Press reports. The funds will be made available over the next three years to plan, design, and create the new charter schools. State Public […]

By Amy Wolff Sorter WWW.GLOBEST.COM Tonjes ALBUQERQUE- With its state motto being “the Land of Enchantment,” New Mexico conjures up images of sprawling vistas and colorful buttes with a river thrown in here and there. What it might not conjure up, however, is a growing population with a booming residential and commercial development in its […]

Report says Albuquerque hotels a bargain this summer New Mexico Business Weekly – 2:18 PM MDT Wednesday Albuquerque will have some of the lowest hotel rates in the nation this summer, according to a report by PKF Hospitality Research. The average room rate in Albuquerque will be about $67.95, according to the summer edition of […]

Cashing in on the last of the hot spots. Spotlight: Albuquerque Keep your head during a boom and you’ll keep more of your gains over the long run. By Amanda Gengler, MONEY Magazine reporter May 17, 2006: 4:27 PM EDT NEW YORK (MONEY Magazine) – In early spring a TV news report on KASA Channel […]

Thu Jun 22 10:12:25 2006 Pacific Time Jacksonville, Albuquerque Have Largest City Park Systems; New Facts on City Parks Released WASHINGTON, June 22 (AScribe Newswire) — The 56 largest cities in the United States have a total of 745,000 acres of parks, with Jacksonville, Fla., and Albuquerque, N.M., each leading the list of largest city […]