On Tue, 27 Dec 2011 14:49:47 -0500, terri sias
wrote:

On Sun, 18 Dec 2011 17:19:24 -0500, "Dave M."
wrote:

.....
I don't see "live aboard" licences as a way to make a lot of
money.
I like the idea of selling dock privileges to the dock owner.
You'll need to figure out what the market will bear.

along the Ct. shore, one can buy a condominium unit consisting of a
dock for a 36' motor or sail boat for about$40/$50K plus then pay the
monthly carrying charges for electricity, etc., then one can rent out
usage of the dock to transients or longer term boaters if one can find
such customers. which is exactly why much such dock space goes
unsold despite the 1% continuing to contrive to be overpaid so as to
be able to make such 'investments'.

====

That's actually a pretty good price for waterfront property in
Connecticut assuming you need a dock.

On Tue, 27 Dec 2011 16:45:59 -0500, Wayne.B
wrote:


That's actually a pretty good price for waterfront property
in Connecticut assuming you need a dock. **

Apparently I wasn't clear enough. The price range I indicated is for
the dock including access thereto, not for any property abutting or
otherwise associated with the dock.

** ====

On Tue, 27 Dec 2011 14:49:47 -0500, terri sias
wrote:

On Sun, 18 Dec 2011 17:19:24 -0500, "Dave M."
wrote:

.....
I don't see "live aboard" licences as a way to make a lot of
money.
I like the idea of selling dock privileges to the dock owner.
You'll need to figure out what the market will bear.

along the Ct. shore, one can buy a condominium unit consisting of a
dock for a 36' motor or sail boat for about$40/$50K plus then pay the
monthly carrying charges for electricity, etc., then one can rent out
usage of the dock to transients or longer term boaters if one can find
such customers. which is exactly why much such dock space goes
unsold despite the 1% continuing to contrive to be overpaid so as to
be able to make such 'investments'.

On Wed, 28 Dec 2011 18:44:05 -0500, terri sias
wrote:

On Tue, 27 Dec 2011 16:45:59 -0500, Wayne.B
wrote:


That's actually a pretty good price for waterfront property
in Connecticut assuming you need a dock. **

Apparently I wasn't clear enough. The price range I indicated is for
the dock including access thereto, not for any property abutting or
otherwise associated with the dock.

===

I understand perfectly. The dock however gives you access rights to
the adjoining land and typically one or more parking places. You
also get a utility power hookup in most cases, either metered or
unmetered. My point was that if you had to acquire your own water
front land in Connecticut and build a dock that it would cost a *lot*
more than $50K.

On Wed, 28 Dec 2011 20:02:35 -0500, Wayne.B
wrote:

On Wed, 28 Dec 2011 18:44:05 -0500, terri sias
wrote:

On Tue, 27 Dec 2011 16:45:59 -0500, Wayne.B
wrote:


That's actually a pretty good price for waterfront property
in Connecticut assuming you need a dock. **

Apparently I wasn't clear enough. The price range I indicated is for
the dock including access thereto, not for any property abutting or
otherwise associated with the dock.

===

I understand perfectly. The dock however gives you access rights
to the adjoining land and typically one or more parking places. You
also get a utility power hookup in most cases, either metered or
unmetered. My point was that if you had to acquire your own water
front land in Connecticut and build a dock that it would cost a *lot*
more than $50K.

Subject to two in some instances substantial while uncertain provisos,
to which I alluded but did not spell out earlier, I agree.

The caveats are the following -

The price is not limited to the initial capital outlay [whether in
cash or financed]. There also are ongoing maintenance or common
charges entailed by co-op or condo structured dock 'ownership' and
these costs approach or in some places exceed what a marina would
charge. And while at least in theory and sometimes in reality there
might be a 'market' for the dock so that some of the capital costs
might be recaptured while in today's economy unlikely to be profit
generating if the second of the provisos does not apply the price I
estimated appears to reflect a distress sale.

In addition and as for example recently occurred not in Connecticut
but in nearby Portchester, NY, condo proprietary leases for docks only
are made subject to the underlying condo association's continued
existence but the one to which I refer recently went out of business
with very little and in some instances almost no prior notice to unit
'owners' therefore creating quite a scramble for a dock rental or even
a long-term mooring elsewhere in the nearby the area and their
'investments' also were lost by reason of foreclosure as against the
association/developer.

On the other hand, given the one [more or less] gets what one pays for
realities in today's economy, and despite what I estimate appear to be
some present market realities for [comparatively] low cost condo
'ownership' for docks in the general area, the [probably much] more
expensive such facilities, which also may have physical facilities in
addition to those you summarize, like one location in Guilford,
Connecticut that apparently is funded and controlled by a syndicate of
hedge fund guys, with which I am guessing your may be familiar, can be
quite nice.

On Thu, 29 Dec 2011 09:28:56 -0500, terri sias
wrote:

In addition and as for example recently occurred not in Connecticut
but in nearby Portchester, NY, condo proprietary leases for docks only
are made subject to the underlying condo association's continued
existence but the one to which I refer recently went out of business
with very little and in some instances almost no prior notice to unit
'owners' therefore creating quite a scramble for a dock rental or even
a long-term mooring elsewhere in the nearby the area and their
'investments' also were lost by reason of foreclosure as against the
association/developer.

===

You seem to be familiar with the CT waterfront. Any idea what is
happening with Yacht Haven West after Brewers pulls out?

On Thu, 29 Dec 2011 10:49:35 -0500, Wayne.B
wrote:

===
.... [re; the Stamford] CT waterfront. Any idea what is
happening with Yacht Haven West after Brewers pulls out?

The area's new owner/developer and the City of Stamford government are
being tight lipped about future plans for the now shut down Yacht
Haven site.

Before the formal end of operations notices as of Oct. 31, 2011 to its
subtenants and customers fm. Brewer's there were some rumblings by
some Yacht Haven customers that they were thinking of suing, if only
perversely to make forced compliance with long delayed environmental
remediation expensive, or at least actual [en]forced, but this seems a
largely now moot incidental aside since Yacht Haven no longer is
operating, its tenants are gone [the leading ones quickly made deals
mostly with and are not at Norwalk's Cove Marina], and Brewer has
moved most of its hardware [except, apparently, for the big travel
lift] to its other locations.

Those of the former Yacht Haven customers who have not chosen or been
able to find a dock or mooring in Stamford, for instance at some
locations with the kind of condo docks referred to earlier, apparently
have moved to other Brewer yards and also, for example, to LI marinas
or to marinas in nearby Mamaroneck, NY, which appear to have many more
boats in winter storage on their properties than in the recent past
[and I'm told that, whereas they have lost some especially mid-size
and smaller boat size customers in recent years, they expect to be
fully booked for slip space next season].

For transient cruisers apparently like you, fuel and maintenance and
repair service is of course still available at a number of more or
less nearby locations including in Mamaroneck, NY, in some of New
Rochelle, NY, locations, in Oyster Bay and in Glen Cove, LI, and of
course at the giant Brewer's Capri and smaller Brewer's and another
marina or two in Port Washington, NY [where one also can still Follow
The Buoys To Louie's to drown one's sorrows or at least to watch the
sunset at happy hour while staying for a night or two on one of the
non-fee Manhassett Town moorings if one is open].

On Fri, 30 Dec 2011 12:11:33 -0500, terri sias
wrote:
p.s. typographical correction: not 'are not at' and instead 'are now
at Norwalk's Cove Marina'