Real Estate in the News, January 2021 by Mountain & Valley

Real Estate In The News

And Statistical Reports January 2021

ASPEN

Food & Wine Rescheduled for September The Food & Wine Classic, typically held in June, will move to Sept. 9-12, 2021, the Aspen Daily News reported. The event is inherently not socially distanced, but organizers feel conﬁdent that the pandemic will be subdued enough by then to host the crowded event. Aspen City Council approved the new dates. In order to construct the tents that transform Wagner Park into the Grand Tasting Pavilion, the festival would need private use of the land from Sept. 1 to 15, which overlap with two long-standing sporting events held in Aspen each fall: the MotherLode Volleyball Classic and

Ruggerfest. The MotherLode will amend its courts layouts and Ruggerfest will push back its dates to accommodate for Food & Wine. City Council Approves Pay Raise After 20 years, the Aspen City Council is getting a $1,000-per-month raise, the Aspen Daily News reported. Council salaries have not seen any increase since 2001. The raise aims to help compensate council members for their time as a public servant, which is a part-time job. The new ordinance also formalizes the hours worked, shifting the language from “part time” to “at least 20 hours” to clarify for council

ASPEN

CONTINUED

members with work-hour requirements compared with the same time last for their deed-restricted housing. year. December’s oﬃcial occupancy numbers will be released in late November Sets Lodging Records, January. and Then They Drop Aspen’s lodging industry set a record Aspen Ideas Will Remain Virtual for occupancy in November despite The Aspen Ideas Festival in June will the coronavirus pandemic, the Aspen be a virtual gathering like it was in Times reported. Occupancy in Aspen 2020, with the possibility of any inwas 32%, beating 2018’s 31.5%. person sessions hinging on the state Snowmass was at 16.3%, similar to of public health, the Aspen Times last year’s 16.6%, according to Stay reported. The lineup of speakers will Aspen Snowmass. Reservations on the books for be unveiled in 2021, but the theme is December were down nearly 18% on “American Futures,” examining issues Nov. 1 compared with the same point ranging from “democracy to science, last year. By Nov. 30, reservations for the USA’s role on the world stage, and December were down 27.5%. For the inequality.” Aspen Ideas is scheduled winter overall, bookings are down 47% to run online from June 27 to 30.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Aspen December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 35.0%

Sold Listings

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

180

229

+ 27.2%

+ 177.8%

176

+ 77.8%

Median Sales Price*

$5,600,000

$7,000,000

+ 25.0%

$5,600,000

$8,737,500

+ 56.0%

Average Sales Price*

$7,252,889

$10,763,960

+ 48.4%

$7,041,006

$10,383,359

+ 47.5%

88.9%

92.7%

+ 4.3%

91.4%

92.1%

+ 0.8%

147

196

+ 33.3%

237

196

- 17.3%

Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale

177

- 45.2%

Months Supply of Inventory

21.5

6.6

- 69.3%

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 15.8%

Sold Listings

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

182

257

+ 41.2%

+ 91.7%

141

185

+ 31.2%

Median Sales Price*

$3,962,500

$1,868,000

- 52.9%

$1,822,500

$2,625,000

+ 44.0%

Average Sales Price*

$4,844,751

$3,249,917

- 32.9%

$2,350,811

$3,738,396

+ 59.0%

Percent of List Price Received*

94.5%

92.7%

- 1.9%

94.8%

95.0%

+ 0.2%

Days on Market Until Sale

159

- 44.7%

162

141

- 13.0%

Inventory of Homes for Sale

115

- 22.6%

Months Supply of Inventory

9.8

5.8

- 40.8%

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Aspen —

$10,000,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Aspen —

$3,000,000

$2,500,000

$8,000,000

$2,000,000 $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000

$0 1-2015

$500,000

1-2016

1-2017

1-2018

1-2019

1-2020

$0 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

ASPEN 131 Popcorn Lane Aspen, CO 81611 4 beds 6 baths 4,955 sqft $8,995,000

Visit ToryThomas.net for details!

SNOWMASS

Westin, Wildwood Sells for $70 Million Investors who bought the Westin Snowmass Resort and other properties in Snowmass Village for $70 million plan to make the 254-guestroom property a member of Marriott’s Autograph Collection, the Aspen Times reported. The sale included the Westin, the 151room Wildwood Snowmass lodge and the 18,000-square-foot Snowmass Conference Center. The sellers were Starwood Capital

Group and Wasserman Real Estate. The new owners are Snowmass Resort LLC, an aﬃliate of Atlanta-based High Street Real Estate Partners LLC. High Street has partnered with other ﬁrms to buy and renovate such properties as the 1,231-room Sheraton Denver Downtown Hotel, the Hampton Inn Times Square North and Hilton Garden Inn Times Square in New York City, and King Charles Inn in Charleston, South Carolina, among other hotels.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Snowmass Village December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 25.0%

- 2.6%

Sold Listings

- 57.1%

+ 41.7%

Median Sales Price*

$2,772,000

$2,415,000

- 12.9%

$3,522,500

$3,623,750

+ 2.9%

Average Sales Price*

$3,047,143

$2,496,667

- 18.1%

$3,817,970

$4,188,173

+ 9.7%

92.6%

93.6%

+ 1.1%

91.1%

94.1%

+ 3.3%

Days on Market Until Sale

176

- 63.1%

238

194

- 18.5%

Inventory of Homes for Sale

- 58.0%

Months Supply of Inventory

17.3

4.3

- 75.1%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

New Listings

- 19.0%

183

221

+ 20.8%

Sold Listings

+ 130.0%

128

197

+ 53.9%

Median Sales Price*

$728,500

$935,000

+ 28.3%

$765,000

$885,000

+ 15.7%

Average Sales Price*

$1,395,236

$1,643,761

+ 17.8%

$1,090,141

$1,409,235

+ 29.3%

95.3%

98.2%

+ 3.0%

95.5%

95.6%

+ 0.1%

Days on Market Until Sale

221

120

- 45.7%

212

165

- 22.2%

Inventory of Homes for Sale

140

- 49.3%

Months Supply of Inventory

13.1

4.3

- 67.2%

Percent of List Price Received*

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Snowmass Village —

$4,000,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Snowmass Village —

$900,000

$800,000 $3,000,000 $700,000 $2,000,000

$600,000

$500,000 $1,000,000 $400,000 $0 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$300,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

SNOWMASS

Luminescence Lights Up Fanny Hill Snowmass Luminescence, a threemonth-long activation bringing light, color, and warmth to the mountain from sunset to 9 p.m. daily runs through Feb. 28 on Fanny Hill. The installation features a series of immersive light and sound activations. The highlight is “Submergence,” which features 256 strands of light and more than 5,300 individual orbs enveloping viewers in a radiant glow. “Submergence” will accompany “The Tunnel,” a series of six light installations that forms an illuminated walkway

CONTINUED

on Fanny Hill between Base Village and Snowmass Mall for the duration of the activation. Each installation will oﬀer an entirely new experience: archways of light, kaleidoscope eﬀects and optical illusions are among the interactive designs. Another installation, “Prismatica” by Creos and Raw Design, will pop up for the month of February. Nearly a half-dozen artists from the Roaring Fork Valley will also contribute light displays on the Anderson Ranch Arts Center campus.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Old Snowmass December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

0.0%

Sold Listings

+ 100.0%

Median Sales Price*

$4,900,000

$2,250,000

- 54.1%

$1,900,000

$2,162,500

+ 13.8%

Average Sales Price*

$4,900,000

$5,247,500

+ 7.1%

$2,368,600

$3,439,333

+ 45.2%

82.1%

89.1%

+ 8.5%

89.9%

93.1%

+ 3.6%

Days on Market Until Sale

538

122

- 77.3%

213

219

+ 2.8%

Inventory of Homes for Sale

- 66.7%

Months Supply of Inventory

16.2

3.3

- 79.6%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

+ 33.3%

Sold Listings

- 33.3%

Median Sales Price*

$376,500

$367,500

- 2.4%

Average Sales Price*

$711,500

$367,500

- 48.3%

0.0%

100.6%

93.5%

- 7.1%

Days on Market Until Sale

+ 357.9%

Inventory of Homes for Sale

Months Supply of Inventory

0.0

0.5

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Old Snowmass —

$3,000,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Old Snowmass —

$1,000,000

$2,500,000

$800,000

$2,000,000 $600,000 $1,500,000 $400,000 $1,000,000 $200,000

$500,000

$0 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$0 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

BASALT

Movieland Shuts Its Doors, Looks for New Tenant Movieland7 in El Jebel has closed after three decades of showing motion pictures, the Aspen Times reported. There is a possibility of re-opening, but the owners are advertising the seven-screen space for rent. Like theaters throughout America and the rest of the world, the seven-screen Movieland has been crippled this year

by public orders reducing crowd sizes and closing venues because of the pandemic. Tobacco Tax Funds Schools, Mental Health The Basalt Town Council showed its support for investing a signiďŹ cant portion of its tobacco tax dollars into Basalt Elementary School and the Aspen Hope Center to further

BASALT

bolster the communityâ&#x20AC;&#x2122;s mental health services, the Aspen Daily News reported. In 2018, Basalt voters overwhelmingly approved a tobacco tax question that went onto levy an additional $2 per pack of cigarettes purchased as well as a 40% tax on all other tobacco products sold in town. The town has projected that by the end of 2020 it will have collected $480,000 in tobacco tax. Elected oďŹ&#x192;cials are in favor of

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allocating $100,000 in tobacco tax revenue toward Roaring Fork Schools for three years to fund a mental health/ behavioral health therapist in Basalt Elementary School. The Roaring Fork School District has already received marijuana tax dollars from Eagle County and a grant from the Colorado Department of Education, which has paid for mental health services at Basalt Middle School and Basalt High School.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Basalt December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

+ 200.0%

105

- 19.0%

Sold Listings

- 16.7%

+ 39.3%

Median Sales Price*

$992,500

$1,225,000

+ 23.4%

$1,021,000

$1,072,500

+ 5.0%

Average Sales Price*

$991,141

$2,016,000

+ 103.4%

$1,343,897

$1,510,414

+ 12.4%

95.7%

95.2%

- 0.5%

94.8%

95.6%

+ 0.8%

Days on Market Until Sale

164

+ 69.1%

119

144

+ 21.0%

Inventory of Homes for Sale

- 67.3%

Months Supply of Inventory

11.8

2.8

- 76.3%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 60.0%

- 1.1%

Sold Listings

- 42.9%

102

+ 27.5%

Median Sales Price*

$595,000

$715,000

+ 20.2%

$565,000

$623,450

+ 10.3%

Average Sales Price*

$737,129

$708,750

- 3.8%

$644,778

$790,461

+ 22.6%

97.7%

99.4%

+ 1.7%

97.9%

97.8%

- 0.1%

Days on Market Until Sale

- 63.6%

117

113

- 3.4%

Inventory of Homes for Sale

- 75.0%

Months Supply of Inventory

5.4

1.1

- 79.6%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Basalt —

$1,200,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Basalt —

$700,000

$1,000,000

$600,000

$800,000 $500,000 $600,000 $400,000

$400,000

$200,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$300,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Missouri Heights December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 19.0%

Sold Listings

+ 40.0%

+ 2.2%

Median Sales Price*

$1,150,000

$1,750,000

+ 52.2%

$960,000

$1,472,500

+ 53.4%

Average Sales Price*

$1,561,000

$1,815,286

+ 16.3%

$1,203,647

$1,741,568

+ 44.7%

96.0%

94.5%

- 1.6%

94.4%

94.8%

+ 0.4%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

Days on Market Until Sale

192

- 77.6%

169

167

- 1.2%

Inventory of Homes for Sale

- 57.1%

Months Supply of Inventory

7.5

2.9

- 61.3%

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

Sold Listings

Median Sales Price*

Average Sales Price*

0.0%

Days on Market Until Sale

Inventory of Homes for Sale

Months Supply of Inventory

0.0

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Missouri Heights —

$1,600,000

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

Entire MLS — Missouri Heights —

$600,000

$1,400,000

$500,000

$1,200,000

$400,000

$1,000,000 $300,000 $800,000 $200,000

$600,000

$100,000

$400,000 $200,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$0 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

CARBONDALE

Business Changes Afoot Amid Pandemic Restrictions Many businesses in Carbondale have shifted business models since Covid restrictions have been implemented, the Sopris Sun reported. These include: The Beat scrapped its restaurant service for the time being to operate as a pick-up and delivery grocer; The Crystal Theatre

continues to oﬀer concessions to go with at-home movie experiences; Slow Groovin’ BBQ brought its food truck down to the former Red Rock Diner until renovations were complete and it reopened as Honey Butter; Heidi’s Brooklyn Deli closed permanently and the Pour House is shut, at least temporarily.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Carbondale December

Single Family Key Metrics

2019

2020

Year to Date Percent Change from Previous Year

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

New Listings

+ 85.7%

231

223

- 3.5%

Sold Listings

+ 50.0%

169

208

+ 23.1%

Median Sales Price*

$903,750

$1,260,000

+ 39.4%

$815,000

$1,103,750

+ 35.4%

Average Sales Price*

$1,095,987

$1,512,462

+ 38.0%

$1,018,499

$1,302,102

+ 27.8%

95.3%

97.4%

+ 2.2%

95.6%

96.8%

+ 1.3%

Percent of List Price Received* Days on Market Until Sale

111

- 49.5%

126

117

- 7.1%

Inventory of Homes for Sale

- 60.0%

Months Supply of Inventory

6.4

2.1

- 67.2%

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

+ 100.0%

127

104

- 18.1%

Sold Listings

+ 20.0%

+ 7.4%

Median Sales Price*

$489,000

$975,000

+ 99.4%

$495,000

$555,000

+ 12.1%

Average Sales Price*

$686,200

$1,028,286

+ 49.9%

$582,936

$673,514

+ 15.5%

99.4%

99.6%

+ 0.2%

98.4%

99.1%

+ 0.7%

Days on Market Until Sale

127

+ 388.5%

+ 1.0%

Inventory of Homes for Sale

- 65.0%

Months Supply of Inventory

5.9

1.9

- 67.8%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Carbondale —

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

$1,200,000

$600,000

$1,000,000

$550,000

$800,000

$500,000

$600,000

$450,000

$400,000

$200,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$350,000 1-2015

1-2016

1-2017

1-2018

Entire MLS — Carbondale —

1-2019

1-2020

GLENWOOD SPRINGS

Sunlight Lodge Transformed into Co-Living Space With the prospects of running Sunlight Mountain Inn’s full-scale guest lodge on indeﬁnite hold until the public health situation is under better control, Altai Chuluun, founder of GlenX business accelerator, saw it as a vehicle to test the co-living model, the Glenwood Springs Post Independent reported. The lodge is situated at the base of the Sunlight Mountain Resort ski area on Four Mile

Road but is separately owned by a group of property investors. Since late summer, Chuluun and his small staﬀ have been operating the lodge on a very limited scale as the Nergu CoLiving Community. Currently, eight people are living at the Sunlight lodge and either working remotely for existing companies, building a new one or developing various technology ventures.

Local Market Update for December 2020 A Research Tool Provided by the Colorado Association of REALTORS®

Glenwood Springs December

Single Family

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

New Listings

- 21.4%

233

266

+ 14.2%

Sold Listings

+ 50.0%

158

233

+ 47.5%

Median Sales Price*

$635,250

$717,000

+ 12.9%

$574,000

$625,000

+ 8.9%

Average Sales Price*

$741,744

$809,065

+ 9.1%

$619,070

$703,667

+ 13.7%

98.2%

99.1%

+ 0.9%

97.6%

98.1%

+ 0.5%

Days on Market Until Sale

- 58.3%

- 26.0%

Inventory of Homes for Sale

- 50.0%

Months Supply of Inventory

3.6

1.2

- 66.7%

Percent of List Price Received*

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

December

Townhouse/Condo

Year to Date

Key Metrics

2019

2020

Percent Change from Previous Year

Thru 12-2019

Thru 12-2020

Percent Change from Previous Year

New Listings

- 50.0%

120

- 26.7%

Sold Listings

- 25.0%

100

- 19.0%

Median Sales Price*

$294,500

$86,500

- 70.6%

$321,950

$330,000

+ 2.5%

Average Sales Price*

$283,000

$121,833

- 56.9%

$320,681

$331,789

+ 3.5%

98.4%

94.1%

- 4.4%

97.8%

98.0%

+ 0.2%

Days on Market Until Sale

134

270

+ 101.5%

- 15.7%

Inventory of Homes for Sale

- 50.0%

Months Supply of Inventory

2.2

1.3

- 40.9%

Percent of List Price Received*

* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.

Median Sales Price – Single Family Rolling 12-Month Calculation

Entire MLS — Glenwood Springs —

Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation

$700,000

$600,000

$500,000

$400,000

$300,000

$300,000 1-2015

1-2016

1-2017

1-2018

1-2019

1-2020

$200,000 1-2015

1-2016

1-2017

1-2018

Entire MLS — Glenwood Springs —

1-2019

1-2020

PITKIN COUNTY Budget Remains Flat, Except for Public Health Pitkin County has budgeted more than $4.2 million toward its public health department in 2021, more than doubling its previous, pre-pandemic levels, the Aspen Daily News reported. At the beginning of 2020, Pitkin County Public Health had an annual budget of just over $2 million. The public health department went from eight to 23 employees in 2020. The additional COVIDrelated positions include an epidemiologist, case investigators, contact tracers, consumer protection team members and others. At $141.7 million, Pitkin County’s overall 2021 budget only surpassed that of 2020’s by a little over $19,000 because other departments made cuts. RFTA Ridership Increasing Passengers are back to utilizing the Roaring Fork Transportation Authority, even during the time of COVID-19, the Aspen Daily News reported. Average systemwide daily ridership

increased by 57% beginning Thanksgiving week compared to the fall season. RFTA will be about ﬁve drivers short of its goal of 212 bus operators after the current training period is completed. All RFTA buses are currently operating at 50% capacity, having seen an increase from the previous 15 passengers allowed. This season, some 92 buses will be needed during what RFTA calls “peak daily pullout.” That compares to 89 vehicles during normal winter operations. Regional ridership in the upper Roaring Fork Valley is increasing, not surprisingly, because of more employment and the ski areas’ opening. Woody Creek Tavern Gets New Owners The venerable and historic Woody Creek Tavern was sold in early December to longtime local restaurateurs Craig and Samantha Cordts-Pearce, the Aspen Daily News reported. The sale adds the Woody Creek staple to Aspen-based CP Restaurant Group’s stable

PITKIN COUNTY of restaurants, which already included Wild Fig, CP Burger, The Monarch and Steakhouse 316 — with a second Steakhouse 316 in Boulder. A sales price was not disclosed. Pitkin County Gets More Federal Covid Relief Money While Pitkin County was expecting to receive about $700,000 from the federal government in the latest round of reimbursements for COVID-19-related expenses, officials were recently notified they would get more than five times that amount, the Aspen Times reported. And while the nearly $3.9 million in CARES Act funding allocated to Pitkin County and local municipalities in the past few days by state public health officials had to be spent by Dec. 30, officials said. Another $1.3 million in additional COVID-related spending for winter 2021 includes $500,000 for grants to small

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businesses and $400,000 for nonproﬁts to distribute to needy individuals and families. Protocols Set for ESPN Winter X Games Winter X Games will take place between Jan. 29 and Jan. 31 and will be a strictly televised event, the Aspen Daily News reported. Additionally, no public spectators will be allowed at this year’s X Games. Instead, only a maximum of 500 attendees — made up of athletes, medical personnel, production crews, and security — will be permitted into the fencedin event at Buttermilk. If an athlete tests positive, they will not be allowed to compete and will be put into isolation immediately. ESPN will provide its own COVID-19 medical team onsite to minimize any potential staﬃng burdens, should they arise. Additionally, this year’s X Games will not include any concerts.

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