Vineyard & Winery Management

January-February 2013

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Hard pressed for quality? Consider a Basket Press Hypac basket press features include: ��� Baskets from 8HL to 30HL ��� Easy to operate and clean ��� Built to last ��� Local manufacturing and lifetime support Lakefront property on Cayuga Lake is selling at a premium, according to broker Mel Russo. ���Easy to load, simple to operate, easy to empty and simple to clean. Built to last. What more do you need?��� vacant vineyard land for $4,000 to $10,000 an acre, depending upon the size of the site. ���If an existing winery is profitable, it is saleable,��� said Russo, who concentrates on development in these newer growing regions. The west side of Cayuga Lake is fully developed with 26 wineries, and wineries planted to Bordeaux varieties are now being established on the eastern side. Lakefront property continues to sell for a premium with each foot of waterfront commanding the same price as a quarter-acre of grapes. Russo characterized the Finger Lakes market as ���active,��� and he expressed confidence that the region, which has been growing Chris Ringland Director, Ringland Vintners Pty Ltd Northern California editor for The Tasting Panel magazine. She earned her WSET Diploma in 2009. Comments? Please e-mail us at feedback@vwmmedia.com. Wineries Unlimited Trade Show and Conference March 12-14, 2013 Richmond, Virginia Roanoke, Virginia, USA E: info@hypacusa.com P: (888)839-6916 wineriesunlimited.com www.hypacUSA.com V I N EYARD & WINERY MANAGEMENT Deborah Parker Wong is the REGISTER NOW 3 2 01 116 since the early 1970s, will continue to develop as a tourist destination. ���A Seneca Wine Trail is already in place and we���re quickly developing a Cayuga Wine Trail to capitalize on wine tourism,��� he said. Russo attributes increasing land prices to the market for vacation homes, which is driving growth in the area. | Jan - Feb 2013 w w w. v w m m e d i a . c o m

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