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the Four Seasons Great Exuma (Emerald Bay)
and my favorite
Sillerman's Anguilla treasure Temenos
where they didn't even keep the website LOL
Looks like Great Exuma closed back in May.
Your looking hansom as ever... But with the current situation, I wouldn't buy any green bananas..
And don't forget the Elbow Beach Club in Bermuda. Heard it closed the main building recently (much newer outbuildings apparently still open). It is/was expensive and used a fair bit by business travelers.
We had joy, we had fun, we had seasons in the sun.But the wine and the song,like the seasons, all have gone.
i will get you back for that HORRENDOUS earworm you just gave me!
Bring it baby! I'm waiting...
Meanwhile, keep singing it with me...
We had joy, we had fun, we had seasons in the sun.But the hills that we climbedwere just seasons out of time.
We had joy, we had fun, we had seasons in the sun.But the stars we could reachwere just starfishs on the beach
or this one from Pete Seeger (and Ecclesiastes)
To everything - turn, turn, turnThere is a season - turn, turn, turnAnd a time for every purpose under heaven
A time to be born, a time to dieA time to plant, a time to reapA time to kill, a time to healA time to laugh, a time to weep
"There is a season - turn, turn, turn"
I was looking to riff on the idea that one of the Seasons hotels might have a rotating top floor. Check the clip in its full hubris. Only in Dubai:
I am sure they are lining up to finance this sh!t.
It's nice to find a financial blog where the adults are in charge.
Or not. :>)
I liked the comment you removed, it was right on the money.
Thank you very much.These are dark times, and I reconsidered because I did not want to add to anyone's despair.
Inside destruction lies the seeds of creativity. Compost is the intersection of death and life. I have moments of being afraid, but that is only because I can't tell how it is going to fall and I get so obsessed with planning, I fail to remember the big picture. The way we are living is corrupt. The things we value are corrupt. We are sick, almost everyone of us. Maybe a monk or a Cistercian could escape it, but not much of anyone else. We get caught up in our own individual storylines and we have failed to question the stories we have been handed.
I wanted to post a video for you by an old group called Soundgarden called Blackhole Sun, but I seem to be locked out from Youtube at this computer. There are lyrics, "Black hole sun, won't you come, and wash away the reign." Your black sunnyness comment made me think of that song. Point being, a blackhole sun destroys, but it also washes away the reign. Thus your comment was not necessarily dark, because it made me think of the light.
As requested. A classic if ever there was one.
Kind of sad to hear Soundgarden referred to as "an old group." :-(
blackhole sun is a great tune (not my generation, but I always liked hearing it).
I know that song.And you are right about death/resurrection.....no death, no rising.I strongly feel at this point that there will have to be a serious disruption/calamity for the people to rise up and seize control of the resultant mess.Choosing a new flavor of evil to "fix" things no longer works.....as the current situation demonstrates so well.I think everyone has to become more active, more informed.
We are in depraved times.I think when that idiot said "greed is good" was in particular an Epic Fail.It was also an indication of how far we have fallen.I remain hopeful that the people, once they know what is happening, will do something.They just have to be careful not to follow the pied piper of the moment....and insist on something better.
"Inside destruction lies the seeds of creativity. Compost is the intersection of death and life."
beautiful & poignant those lines.
i learned more about how the world really works (human systems included) starting a compost bin than in 4 years of studying philosophy & economics in college. i highly recommend it.
(plus you can get a free methane high every so often)
Maybe it's time for a season of "fire" to occur on such places? Warren are you covering?
Anybody know if the St. Regis Aspen sold yet? If so, what was the price?? Rumor was they were shooting for $100m. It's probably worth $35m
Speaking of St. Regis, I can't Imagine the South Florida (Miami-ish) property is doing very well...
Sounds like we got the makings of a presidential palace, after the revolution of course.
Holy shit, this is starting to add up to some really, really lost money.
Let us not forget those occupancy rates and the overall revenue effect do not include the promo pricing, which is now everywhere in the hotel industry, especially high-end. Occupancy is not the only devil facing the high-end outfits, I'm afraid. And many are short on cash to promo their way into higher occupancy.
The hotel companies had at least some foresight by getting investors to partner with them in those once oh so common Hotel Residences purchase schemes - "after all how could a Four Seasons ever go under?" just ask the poor folks who piled into Emerald Bay in Exuma, a location that once connoted luxury and all things exotic but now sounds like a disease.
Pretty soon the wannabe millionaires will be taking over the previous dwellings of multi-millionaires for a song and a glass of aged port. A windfall for the common wo/man.
tyler, how do you know the gentleman's club is a brothel?
Nice catch. I second the request for an answer to this question.
Because they ask you, would you like a blowjob with that glass of wine?
Tao isn't *actually* a stripclub or a brothel, at least publically, it is a restaurant/bar/lounge. What happens there, or starts there, though, I believe is that to which Tyler was referring.
Someone get Fidel on the horn, he knows what to do with a surplus of luxury hotels.
you mean that the Four Seasons New York will become an all inclusive
The idea of soliciting Fidel is a very good one...Maybe Madoff, hey listen, when the Vegas casino gets tipped over by some slick operator,, they hire him..
On to the next project
Our friend in Venezuala is pretty good at that too. Didn't he just grab the Hilton properties? Great album cover incidentally.
It sure feels like its (P3) is starting to hit home now. The People who have invested wisely and been awaiting to finally see the seasons in the sun.
I just went on the Four Seasons Hotel website guess what the going rate is for tonight...? (and they wonder why it's going belly-up) How about $1,100. I figure we sell it to Motel 6 and get Tom Bodett to talk about the whore house next door, plus, a flashing neon sign and we're there!
Well that does it,,,, One of the best comments this evening,,,I use evening because we are after all talking about the four horsemen...
DBL.....it's a web site trap. You call the 800 #, start haggling, and get the room for $99.99. They're going car dealer pricing, I tell you. You must pretend to be in the know.
Give em a call. Let me know what they tell you.
Threaten to take a black light to the rooms along with a a video camera and inform them the intent is not to make a sequel to Ghostbusters but Youtube's first truly viral video.
You'll probably get any price you request.
And we'll turn the light off for you.
Caption for that photo:
Dang that made me laugh!
BTW, I believe that technically it is:
"JUMP! YOU FUC*ERS!"
yeah,,,srs up 13 cts
Maybe one of you smart guys or gals can explain this to me. Ty Warner who made his fortune manufacturing Beanie Babies is a Billionaire with a B #79 on Forbes list this year. To put it in perspective Donald Trump is #450. So when Ty Warner owes a mere $425 million and decides to let the properties go rather than write a check whats thats saying? There are banks going out of business that had less money than him. Billionaires dont need the money, those hotels were like jewelry to a woman so who is getting hurt in this deal?
Isn't Ivanka Trump "developing" a "Condotel" in SoHo right now? Who is lining up to take out that construction loan?
I am getting that feeling I had in August 07 when banks started to not fund residential loans. I am looking at a bunch of REO CRE stuff for my fund and the banks will not even acknowledge you if you are not bringing straight cash. They know that THEY can't get the deal underwritten in their origination shop and figure nobody else can. So why let me tie up a deal for 45 days of financing contingency when they don't believe I can get the loan knocked out...at all? If you do have the cash, it seems that they will take just about whatever they have to in order to get rid of a distressed asset.
Something is happening. I haven't heard anybody say "Green Shoots" in a long time.
This 100% echoes Karl Denninger's post from a day or two ago. This is all your independent experience, right? Ominous.
The banksters view CRE loans with disdain at this time. Like some asshole crying " FIRE " in a crowded theatre. Same reaction. Run like hell.
Having survived through a not-nearly- as-severe event such as this about 17 years ago, I can relate that a local community bank connection has at least some possibility. If it's super-jumbo, though, it is now a cash n' carry world.
Maybe all these underwater posh hotels can be taken over by our govt for housing for the homeless i.e. the not so recently employed. Sort of like"spreading the wealth" Obama style.
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