Lag of luxury: high-end condos have become a tough sell for most developers in metro Denver.

ColoradoBizVol. 37 Nbr. 1, January 2010

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Lag of luxury: high-end condos have become a tough sell for most developers in metro Denver.

When in November the Residences at the Ritz-Carlton fell into receivership, it came as a blow where it hurts to high-end Colorado real estate and to all that represents goodness, purity and unthinkable levels of luxury.

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After all, we're talking about the Ritz, as in: "The Diamond as Big as the Ritz, "F. Scott Fitzgerald, 1922; "Puttin' on the Ritz, "Irving Berlin, 1929; "From the Ritz to the Rubble," Arctic Monkeys, 2005.

Cesar Ritz built the first Ritz Hotel in 1898, hiring master chef Geor...

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