{"id":40275,"date":"2013-10-01T09:34:45","date_gmt":"2013-10-01T13:34:45","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=40275"},"modified":"2013-10-01T09:34:45","modified_gmt":"2013-10-01T13:34:45","slug":"oceania-heights-offer-absolute-nuts","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2013\/10\/oceania-heights-offer-absolute-nuts","title":{"rendered":"Oceania Heights Offer &#8216;Absolute Nuts&#8217;"},"content":{"rendered":"<p><a href=\"https:\/\/www.bahamasb2b.com\/news\/2013\/10\/oceania-heights-offer-absolute-nuts-40275.html\/ocenia\" rel=\"attachment wp-att-40279\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-40279\" title=\"ocenia\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2013\/10\/ocenia.jpg\" alt=\"\" width=\"500\" height=\"375\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2013\/10\/ocenia.jpg 500w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2013\/10\/ocenia-150x112.jpg 150w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2013\/10\/ocenia-250x187.jpg 250w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a>Disgruntled homeowners have rejected a Bahamian attorney\u2019s offer to settle the long-running Oceania Heights dispute, their president describing it as \u201cabsolutely nuts\u201d on the grounds that it seeks to dump $2.76 million in liabilities on them.<\/p>\n<p>Chris Fleming told Tribune Business that the Oceania Heights Property Owners Association\u2019s Board had \u201ccompletely and utterly rejected\u201d the proposal by Anthony Thompson, who is also one of the project\u2019s developers.<\/p>\n<p>Mr Fleming, who has led the homeowners in their long-running battle with Mr Thompson and his fellow developer, Canadian citizen Howard Obront, told Tribune Business that the settlement agreement drafted by the attorney effectively left the homeowners with all the developers\u2019 liabilities.<\/p>\n<p>Asserting that Deputy Prime Minster Philip Davis, who has been attempting to mediate an agreement between the two sides, had told Mr Thompson not to do this, Mr Fleming said the homeowners again felt \u201cabandoned\u201d by the Government.<\/p>\n<p>And, more ominously for the Bahamas, Mr Fleming indicated he was now going to push the US Embassy in Nassau to issue a so-called \u2018investment warning\u2019 on its website to warn Americans about the potential pitfalls associated with Bahamian real estate transactions.<\/p>\n<p>And, suggesting that he and other Oceania Heights homeowners were now looking to tell their tale to the international media, Mr Fleming said: \u201cWe tried to do it by the book. Now, we\u2019re certainly going to make sure people understand going to the Bahamas is a risk.\u201d<\/p>\n<p>None of which again bodes well for the Bahamas\u2019 reputation as a secure, safe destination for foreign direct investment (FDI) and real estate purchases &#8211; the very lifeblood of this economy.<\/p>\n<p>Indeed, Mr Thompson himself appears to anticipate the damage the dispute has &#8211; and may continue to do &#8211; to the Bahamas\u2019 international investment reputation.<\/p>\n<p><a href=\"http:\/\/www.tribune242.com\/news\/2013\/sep\/30\/oceania-heights-settle-offer-absolute-nuts\/\" target=\"_blank\">Continue Reading at The Tribune<\/a><\/p>\n<p><em><span style=\"color: #888888;\">By: Neil Hartnell<\/span><\/em><br \/>\n<em><span style=\"color: #888888;\">Tribune Business Editor<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disgruntled homeowners have rejected a Bahamian attorney\u2019s offer to settle the long-running Oceania Heights dispute, their president describing it as \u201cabsolutely nuts\u201d on the grounds that it seeks to dump $2.76 million in liabilities on them.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"class_list":["post-40275","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/40275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=40275"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/40275\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=40275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=40275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=40275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}