Article: Not wealthy enough? Try leasing luxury: "fractional" shares - of jets, horses, even designer handbags - is the concept behind SailTime Philadelphia.

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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