I doubt very much that Cheri owns the land. Spadarro family owns the entire Maho area, and charges a ridiculously large rent to all the tenants. It was the rental price that drove out so many businesses over the years in that location. I truly doubt that he would've sold Cheri that one parcel. Over the years, i have posted my opinion of the place many times. If they end up closing...i will NOT miss it at all. I am pretty sure that the owners of the other restaurants in the area won't miss it either. Quiet dining, outside seating every night, will be a dream come true for them. a THIRTY YEAR plus run is and was a great run for Cheri's. Just too bad that the show had so little updating all these years.