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Pasanggrahan trying to avert auction #241900
12/08/2020 10:28 AM
12/08/2020 10:28 AM
Joined: Aug 2000
Posts: 82,482
Central Florida!
Carol_Hill Offline OP
Traveler
Carol_Hill  Offline OP
Traveler
Joined: Aug 2000
Posts: 82,482
Central Florida!
Daily Herald story

This is so sad. I hope they are able to preserve this piece of Sint Maarten history.


Carol Hill
SXM Sponsors
Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #241937
12/08/2020 04:25 PM
12/08/2020 04:25 PM
Joined: Apr 2001
Posts: 14,635
Brookfield, CT.
pat Offline
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pat  Offline
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Posts: 14,635
Brookfield, CT.
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."
Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #241951
12/08/2020 06:14 PM
12/08/2020 06:14 PM
Joined: May 2002
Posts: 5,262
Kennys Offline
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Kennys  Offline
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Posts: 5,262
Yes very sad indeed and hoping for the best to come.

Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #242010
12/09/2020 02:03 PM
12/09/2020 02:03 PM
Joined: Feb 2007
Posts: 4,348
Rhode Island
RonDon Offline
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RonDon  Offline
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Posts: 4,348
Rhode Island
How would one find out the amount of monies needed to avoid losing this landmark?

Re: Pasanggrahan trying to avert auction [Re: RonDon] #242029
12/09/2020 03:48 PM
12/09/2020 03:48 PM
Joined: Aug 2000
Posts: 82,482
Central Florida!
Carol_Hill Offline OP
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Carol_Hill  Offline OP
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Joined: Aug 2000
Posts: 82,482
Central Florida!
Rosemary--do you have a wealthy uncle who is willing to buy it? grin


Carol Hill
Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #242034
12/09/2020 03:55 PM
12/09/2020 03:55 PM
Joined: May 2002
Posts: 5,262
Kennys Offline
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Kennys  Offline
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Posts: 5,262
LOl

Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #242240
12/11/2020 11:57 AM
12/11/2020 11:57 AM
Joined: Feb 2007
Posts: 4,348
Rhode Island
RonDon Offline
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RonDon  Offline
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Posts: 4,348
Rhode Island
Originally Posted by Carol_Hill
Rosemary--do you have a wealthy uncle who is willing to buy it? grin


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.

Re: Pasanggrahan trying to avert auction [Re: RonDon] #242254
12/11/2020 02:51 PM
12/11/2020 02:51 PM
Joined: Aug 2000
Posts: 82,482
Central Florida!
Carol_Hill Offline OP
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Carol_Hill  Offline OP
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Posts: 82,482
Central Florida!
Wow, OK, you must have a REALLY rich uncle, to buy a bank! grin


Carol Hill
Re: Pasanggrahan trying to avert auction [Re: Carol_Hill] #242292
12/11/2020 10:59 PM
12/11/2020 10:59 PM
Joined: Aug 2012
Posts: 638
F
foreversxm Offline
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foreversxm  Offline
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F
Joined: Aug 2012
Posts: 638
It about $7 or $8 million which seems like a lot of money for a property in very bad condition.


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