There was a thread not to long ago about Ocean Club in Sosua being taken over by the Gansevoort Hotel Group. I can't find the thread now. Perhaps one of you more astute users of dr1 can find it. Anyway, posters seemed to agree that a hotel of this level could not survive in the DR. I fell on the other side of the discussion.
A few recent happenings since then......they continue work on the multi-level parking garage. It began as a big hole in the ground for a couple of years, but at this point, it is actually looking like a real, first world parking structure. I am told that all but a couple of condos in the development are sold. I am told that owners are guaranteed a (quite high) percentage return annually for rentals.
I was in the US for a couple of weeks recently. My daughter-in-law is a high end interior designer for wealthy people in the NYC/DC/Baltimore area. She says her East Coast clients are all excited about the Gansevoort Hotel Group having a resort in the DR.
And finally, it looks like the DR government also is in support. Tonight as I was mucking my way down to the beachfront gate of Infiniti Blu, I was backed up behind large black vehicles with lights flashing. I knew it had to be someone important. I asked what was going on as I entered our gate next door and was told that High ranking police officials were in Montellano today. The top general of police for the DR will be staying at Ocean Club.
Of all the places on the North Coast, this is where he was put up.
Either Ocean Club will be a flash in the pan or it is the first sign that politicians and investors knew what they were doing when they said changes were coming to Sosua.
Opinions?
Lindsey
A few recent happenings since then......they continue work on the multi-level parking garage. It began as a big hole in the ground for a couple of years, but at this point, it is actually looking like a real, first world parking structure. I am told that all but a couple of condos in the development are sold. I am told that owners are guaranteed a (quite high) percentage return annually for rentals.
I was in the US for a couple of weeks recently. My daughter-in-law is a high end interior designer for wealthy people in the NYC/DC/Baltimore area. She says her East Coast clients are all excited about the Gansevoort Hotel Group having a resort in the DR.
And finally, it looks like the DR government also is in support. Tonight as I was mucking my way down to the beachfront gate of Infiniti Blu, I was backed up behind large black vehicles with lights flashing. I knew it had to be someone important. I asked what was going on as I entered our gate next door and was told that High ranking police officials were in Montellano today. The top general of police for the DR will be staying at Ocean Club.
Of all the places on the North Coast, this is where he was put up.
Either Ocean Club will be a flash in the pan or it is the first sign that politicians and investors knew what they were doing when they said changes were coming to Sosua.
Opinions?
Lindsey
