A recent reappraisal placed the land’s value at $95 million, a steep drop from the previous assessment of $130 million. The first appraisal came during the height of the real-estate boom, said deputy state land commissioner Jamie Hogue.
And like any bottom-line business, developers weren’t interested in buying property at the market’s peak. Tempebased SunCor […]

Officials with the Oregon Department of Fish and Wildlife have posted the first of seven custom-made boats this week on eBay.
The open-patio boat-style craft was built specifically for the recent rotenone treatment at Diamond Lake, just north of Crater Lake.
The minimum bid is $20,000, with all of the proceeds being used to cover the continued […]

Readers of The Times raised more than £50,000 in this year’s annual charity auction, with all the money — a record sum — going to the British Red Cross.
The chance to dine at Gordon Ramsay’s new restaurant in New York, The London, attracted the most interest and went for £6,001 to Paul McGrath from Liverpool.
He […]

Burma said that it will hold a new gems auction in March, after its last sale in October pulled in $124 million of desperately needed foreign currency.
The official New Light of Myanmar newspaper gave no details in its announcement of the auction, which has become an increasingly important source of revenue for the junta.
Burma […]

The city will turn to Internet auctions to sell its extra land, a lucrative alternative to the old ways of either requesting offers from developers or just sitting at a table and hashing out a deal.
Selling land online is a new idea for governments in Palm Beach County, city finance officials say.
“As far as I […]