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Joined: Aug 2000
Posts: 83,787 Likes: 1
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Daily Herald storyThis is so sad. I hope they are able to preserve this piece of Sint Maarten history.
Carol Hill
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Joined: Apr 2001
Posts: 14,689
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If I read the article correctly, the SXM government is involved with the bank seeking to call the notes and force this auction. When has it ever been in the interest of the government to protect the legacy of this island? Sad to say, progress generally happens here for those who have a monetary interest in the changes at heart and not for those with the island itself at heart, or such is what I have witnessed all too often.
We stayed there once and dined and drank there many times. It will be sad to see the destruction/modernization of what should be yet another island landmark that will fade into oblivion.
Respectfully,
pat
"Always keep your words soft and sweet, just in case you have to eat them."
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Joined: May 2002
Posts: 5,506 Likes: 1
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Joined: May 2002
Posts: 5,506 Likes: 1 |
Yes very sad indeed and hoping for the best to come.
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Joined: Feb 2007
Posts: 4,544 Likes: 1
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Joined: Feb 2007
Posts: 4,544 Likes: 1 |
How would one find out the amount of monies needed to avoid losing this landmark?
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Joined: Aug 2000
Posts: 83,787 Likes: 1
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Rosemary--do you have a wealthy uncle who is willing to buy it?
Carol Hill
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Joined: May 2002
Posts: 5,506 Likes: 1
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Joined: Feb 2007
Posts: 4,544 Likes: 1
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Rosemary--do you have a wealthy uncle who is willing to buy it? Maybe! What one should do is buy the bank then forgive the loan. Buying the Pasangrahaan may not be profitable but the bank might be.
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Joined: Aug 2000
Posts: 83,787 Likes: 1
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Wow, OK, you must have a REALLY rich uncle, to buy a bank!
Carol Hill
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Joined: Aug 2012
Posts: 674 Likes: 1
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It about $7 or $8 million which seems like a lot of money for a property in very bad condition.
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