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Article: Not wealthy enough? Try leasing luxury: "fractional" shares - of jets, horses, even designer handbags - is the concept behind SailTime Philadelphia.
- Article from:
- The Philadelphia Inquirer (Philadelphia, PA)
- Article date:
- July 4, 2007
- Author:
CopyrightCOPYRIGHT 2007 The Philadelphia Inquirer. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jane M. Von Bergen
Jul. 4--Beer in hand, Allyson Chambers stood near her new 33-foot sailboat docked at the marina Saturday at Penn's Landing and watched green and yellow flowers of fireworks tumble from the sky.
"Wow," she said. "This is pretty good."
All that fun and the sails aren't even up.
It's because of people like Chambers, 45, a comfortable, but not wealthy, pharmaceutical consultant from Lafayette Hill, that Cherie Kemper-Starner's "fractional" sailboat business, SailTime Philadelphia, is moving full sail ahead.
The business is riding the wind of two trends -- the pressing urge of baby boomers to find ...
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