Some of the resorts and condos have been inspected (😱) in the last few years and closed down for repairs. The managing boards were not doing the upkeep because people didn’t want to pay for it. Those same people have been levied anywhere from $40,000 each for a small condo to hundreds of thousands for the swankier places in order to pay for long-overdue maintenance and upgrades. Retired people going back to work to pay the levy in order to keep their homes.
I’m not surprised that a hotel of that age and size is undergoing major changes. Can you imagine how many storms that place has seen?
I'm not surprised, because my US tourist/business (conference) travel experience suggests loads of deferred maintenance.
That said, the new "New Versailles" will be a waterfront luxury hotel, and I'm at least a bit questioning the sanity of the owners: I mean, isn't sea level rise rendering such investments at least questionable in terms of return on investment?
Some of the resorts and condos have been inspected (😱) in the last few years and closed down for repairs. The managing boards were not doing the upkeep because people didn’t want to pay for it. Those same people have been levied anywhere from $40,000 each for a small condo to hundreds of thousands for the swankier places in order to pay for long-overdue maintenance and upgrades. Retired people going back to work to pay the levy in order to keep their homes.
I’m not surprised that a hotel of that age and size is undergoing major changes. Can you imagine how many storms that place has seen?
I'm not surprised, because my US tourist/business (conference) travel experience suggests loads of deferred maintenance.
That said, the new "New Versailles" will be a waterfront luxury hotel, and I'm at least a bit questioning the sanity of the owners: I mean, isn't sea level rise rendering such investments at least questionable in terms of return on investment?
If sea level rise were real, rich people wouldn’t be buying oceanfront property.
You’re young. Look back 50 years at all the prophecies about when the coastal areas would be underwater. Not happening