The Virgin islands Daily News reported that would-be buyers of condos at Grande Bay began arguing in V.I. Superior Court why they shouldn’t be forced to close on the purchases. Dozens of would-be buyers say the units are not safe and that promised amenities are not in place.
Most troubling: One of the buyers, DC attorney Thomas Hill III, testified he’s been told by agents of the developer that the project is "potentially on the verge of foreclosure."
Here’s the Daily News story: http://www.virginislandsdailynews.com/index.pl/article_home?id=17620036.
Does Cruz Bay face the possibility of an unfinished project smack in the face of arriving visitors? Not to mention the looming Sirenusa.