Further investigation reveals that more than 30 Colony units have been entered illegally in recent weeks and several have been severely vandalized.
Colony Lender in agreement with Unicorp placed the high bid of $15,200,100 and bought several pieces of collateral including the common property, tennis courts, restaurant, spa, swimming pool and other assets critical to the consolidation and eventual redevelopment of the resort which has been closed since August 2010.
Our memory of the former Colony haunts us. We want someone with vision to step in. But instead it looks like Rotterdam after Hitler’s Waffen planes carpeted the streets with bombs. And instead of the Klauber family selling units to friends, we see attorneys like so many wolves tearing at the carcass of a resort.