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Abaco Club's 20 rental interest rise
By CHESTER ROBARDS
Business Reporter
crobards@tribunemedia.net
ORLANDO, Florida - Ritz-Carlton's only international Destination Club property, The Abaco Club at Winding Bay, is readying for an improved 2011, after a 20 per cent increase in rental interest followed the property's addition to Marriott's widely-visited website,
Edward Kinney, Ritz-Carlton's vice-president of corporate affairs and brand awareness, told Tribune Business yesterday that despite a slow start to sales of the wholly-owned condo units and property segments, The Abaco Club at Winding Bay was doing well as a destination club, with its points-based membership programme showing the same promise as its ...
Branding was the conference theme that drew business principals
and owners from the Christie’s Great Estates network to Toronto this week. Affiliates, such as the affiliate for the Bahamas John Christie of HG Christie Ltd., previewed the network’s global expansion strategy, viewed the company’s new Web site to be rolled out publically by year’s end, and learned how to better utilize the resources of the parent company, Christie’s, to build business through art and real estate introductions.
E-Bahamas: A Bahamas Tomorrow
When you look around New Providence today, what do you see? When you think of our institutions, what do they offer? What does The Bahamas look like now? Are we only sun, sand and sea or are we promise, potential, and possibilities? I think the latter.
Some Bahamians look around in New Providence through impatient eyes and see mounds and mounds of dirt, debris and open trenches. They see workmen and equipment digging, placing pipes and paving the roads on many of our major thoroughfares. I, however, look not at the present state but the future. I see the infrastructural improvements in fiber optic cabling, underground utilities for water and power. I see what the roadwork will offer, what it will change and what it will impact.
McCartney denies receiving check from BAIC
Bamboo Town MP Branville McCartney yesterday called for the resignation of South Abaco MP Edison Key over comments he made in the House of Assembly Tuesday night regarding money he claimed McCartney received from the government.
Key was referring to remarks made by McCartney about public disclosure of MPs' finances when he said the Bamboo Town MP "should be the last person to make comments about dishonesty".
According to Key, back in 2007, McCartney (who is a lawyer by profession) accepted a $5,000 check to help the Bahamas Agricultural and Industrial Corporation (BAIC) recoup millions of dollars in unpaid debt, but never did the work.
"BAIC has a lot of outstanding debt, millions of dollars, where people have rental properties from BAIC and have not paid for 15 years," said Key, executive chairman of BAIC.
"The member for Bamboo Town spoke to me about it and indicated that he would be happy to represent BAIC to collect the unpaid debt.
"We made an agreement and he was given a $5,000 retainer almost three years ago. I haven't heard from him until now. So he is the last person that should get up in this place and say whether the prime minister of this country is dishonest."
But during a press conference at his law firm on Village Road, McCartney refuted those allegations, providing documents aimed at proving he never received a check from BAIC.
He said he was not practicing law at the time.
McCartney became a Cabinet minister in May 2007.
"I have not practiced law since 2005, two years prior to the general election," said McCartney. But he said an agreement was made between Donald Saunders, a former associate of his firm, and BAIC.
When The Nassau Guardian contacted Saunders, he confirmed that he does work on behalf of BAIC. He also confirmed that he is no longer affiliated with Halsbury Chambers.
In a letter dated September 12, 2007, Key wrote to Saunders: "BAIC wishes to retain your company to provide professional services with the understanding that you will obtain the corporation's authorization before proceeding on matters beyond the service of a demand letter and filing a Writ of Summons in the subject matter."
In a letter dated September 14, 2007, Saunders wrote to Key: "We thank you for the opportunity to assist the corporation, and we look forward to a mutually beneficial relationship. As customary, we ask that you kindly review the enclosed retainer agreement and sign the same where indicated."
Following the correspondence between Saunders and Key, McCartney said a $5,000 check was made out to Halsbury Chambers.
McCartney challenged Key to restate his comments outside the walls of Parliament.
He explained that he chose not to respond to Key's remarks in Parliament because he did not want to interrupt a very important debate on crime and because he did not want to be protected by the privilege of Parliament.
"Key is protected by the privileges of Parliament. I am not because I am speaking outside those walls. If I am wrong I would like for him [Key] to take me to court," said McCartney.
He called on Prime Minister Hubert Ingraham to ask for Key's resignation immediately.
"I will be watching very closely to see what is done," McCartney said.
The PLP Government has Mismanaged the Economy
Dear Editor,
Reports of civil servants not being paid on a timely basis and the government not being able to upgrade the defence force's fleet are perhaps two telltale signs that the treasury is broke, or as the young people would say, popped down.
Abaco Beach Resort & Boat Harbour Marina
Hotels,Marinas & Boat Docks- Marsh Harbour
- Marsh Harbour
- Abaco, Bahamas
Turtle Cay House
- $ 1,754,500
- House
- Abaco, Bahamas
- Bedrooms : 3
- Bathrooms : 3.00
- Living Area : 2600 sqft
- Lot Area : 11202 sqft
Treasure Cay
- $ 400,000
- Vacant Land
- Abaco, Bahamas
- Lot Area : 6 acres
Canal Front, Galleon Bay
- $ 299,000
- Vacant Land
- Abaco, Bahamas
- Lot Area : 12000 sqft
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