The big Park City headline of the week was " New York City firm acquires Mayflower land next to Deer Valley" http://www.parkrecord.com/news/firm-acquires-mayflower-parcel-near-deer-valley-resort/.#.Wfzfi1ke2VI.email . To get the full impact of this news you have to consider it as it relates to other development now underway and the news discussed in my 4/15/17 and 8/26/17 uncategorized posts concerning the acquisition of Deer Valley Resort by the as yet unnamed alliance between KSL Capital Partners and Aspen Skiing Company. The New York firm referenced is Extell Development Company, a privately held development company - https://extell.com . Extell president Gary Barnett, one of the biggest names in New York City real estate quietly purchased 40 acres adjacent to Deer Valley ski resort back in 2015 from an investor who had secured approvals to develop a hotel and roughly 200 condos on the site. Back in May 2016, the rumor was that Extell was looking to buy another 1,000 acres from the consortium of Dutch investors who have owned a large holding there since the 1980's. Now the acquisition of 2,300 acres announced yesterday combined with Extell's 40 acre Blue Ledge parcel opens up the opportunity for a year-round master-planned luxury resort in what could be a 30 year project. That development would add over 1,000 acres of ski terrain, lifts and parking in support of luxury residential and commercial development. One look at Extells New York property portfolio will give you some idea of how much the pool of prospects for Park City luxury property has expanded with this acquisition.