In 1977, Laurance Rockefeller separated the “Premises”, the land that Caneel Bay Plantation sat on, from the “Improvements”, the structures and operation of the resort. 150 acres of the “Premises” were deeded to the Rockefeller family land trust, Jackson Hole Preserve, Inc. (JHPI); the structures or “Improvements” on that land were kept by Caneel Bay, Inc. with a future Deed that would revert the “Improvements” to Jackson Hole Preserve on September 30th, 2023
What is the fundamental issue between the U.S. Government, NPS and EHI/CBI Acquisitions? The following 3 Part Article will attempt to delve into some of the key components of the 1983 Indenture, scripted by Laurance Rockefeller in 1983, that outlines the Retained Use Estate (RUE) leasehold within that document which is central to both parties’ pending Motions for Summary Judgement. The author will do her best to explain the facts in detailing what has already transpired and what the future may hold.
Good Afternoon everyone! I hope that all of you have been well…I have absolutely missed sharing the stories of St. John with you! When this one hit the interwebs last week, I was so excited to be able to report back to you on the new developments in the Caneel Bay story. In March, the National Park Service concluded the second public comment period in regard to the fate of the Caneel Bay Resort, stating that they would release the results by late Spring. In the true spirit of Island Time, we finally received word from them last week about the completion of the Caneel Bay redevelopment and management environmental assessment (EA) and their decision to move forward with the development of overnight accommodations at Caneel. But this time with more emphasis on public access, conservation and potential community collaboration.
Good Morning, Good Morning….I have some, um…Interesting news for you all this morning. It might read like rainbows and sunshine in regards to the immediate future of Caneel Bay Resort at first glance. But, I urge you to take a closer look at what we have been talking about over the past several years in regards to Caneel Bay Resort, the state it has been left in and the seeming lack of empathy for the local community prior to the filing of this lawsuit. In which, EHI, LLC and, its affiliate, CBI Acquisitions lay claim to the ownership of the property upon which Caneel Bay Resort rests. Which, as we know it, is National Park land with a management company responsible for the operations of the resort.