I agree Carol. Its hard to fathom that they can take such a large loss of potential revenue. Its also seems suspicious that they don't have many details sussed at this time.

They loss of revenue must be crushing. Not to mention there will be owner attrition and refusal to pay AMFs. I have no special knowledge but it seems to me that they are treading water until what they decide to do with the property (restore, sell, abandon).

Interesting thought: Wasn't the Flamingo part of the Pelican Resort (now SBR) and sold off? I wonder if SBR would like that property (s)?

.

Never walk onto a job site with empty hands. - Source Unknown