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Ritz Carlton developers are new owners of controversial Dellis Cay in “record breaking” sale by Engel and Völkers Turks and Caicos

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By Deandrea Hamilton & Dana Malcolm

Editorial Staff

 

#TurksandCaicos, July 5, 2022 – Desarrollos Hotelco, owners and developers of the Ritz Carlton Turks and Caicos are the new owners of the entirety of Dellis Cay.   All 560 acres of prime real estate was sold in a deal brokered by Engel and Völkers between Desarrollos and The Trinidad and Tobago Unit Trust Cooperation.  Philip Misick, veteran realtor and brother of former Premier Micheal Misick, represented the sellers of the property.

While the sale price was not announced, a single unfinished home on the island had been previously  listed for a whopping $3.7 million US dollars.  Engel and Völkers describes the sale as “record breaking.”

But a promise from businessman Dr. Cem Kinay still lurks in the background.  As the visionaire and former developer for Dellis Cay, Kinay has unapologetically emphasized his plans to sue to keep the land he claims is his own.

Dellis Cay was sold to Kinay, a Turkish hotelier in 2005 by a private owner for $18 million and he started a luxury project with Mandarin Oriental Hotel Group.  The first phase should have  been completed in 2009 but that would not happen; it was unequivocally interrupted by the scandalous Commission of Inquiry (of the same year) into the alleged nefarious government affairs of the previous Mike Misick administration.  Sadly, Dr. Kinay had a starring role in the details exposed in the inquiry.

His vision for Dellis Cay struck such sensational chords, it attracted the likes of mega stars like Catherine Zeta Jones and husband Micheal Douglas who were named as left with incomplete homes on the cay, which sits just minutes away from Providenciales by boat.

All this because, Kinay found himself a casualty of the Micheal Misick administration’s corruption investigations. Named in the Commission of Inquiry, for gifting among other things half a million dollars to the governing party, Dr. Kinay found his land stripped from him and returned to the sale rack.

In a very recent letter to the TCI SUN posted just this past January he said the donation was “totally legal” and he has simply been “victimized by politics.”

Kinay had also forked out $3.2 million for Joe Grant Cay.  That too was repossessed and sold in 2013.

A 350 acre section of Dellis Cay went up for auction in June 2019 and but no one bought the property.  Now Desarrollos is promising to revive the island, completing the homes Kinay left behind and adding many more amenities.

Actual homes built by Kinay are also listed on real estate sites for sale, all of them only partially constructed.  The property is currently listed for development by Carib Developments. 

Kinay is still attached to the property and says the sale is unlawful calling on the government to put a stop to it.

In that letter  to The SUN, Kinay says he will fight the Government and trust in court “at any cost”.  He says he will not leave the island “which I have paid my hard-earned funds to acquire from its private owner in 2005.”

News

ELECTRICITY BILL SHOCKER: PELICAN ENERGY WARNED GOV’T

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TCIG knew from April that fuel factor could surge almost 80%; Minister says $500 cost-of-living payment was part of Government’s response

PROVIDENCIALES — The Turks and Caicos Government knew months before July’s shocking electricity bills that consumers faced a potentially massive increase in the fuel factor.

Minister of Information Technology and Energy E. Jay Saunders revealed Friday that Pelican Energy warned his Ministry in April that generation fuel costs were projected to rise from $3.09 per gallon in May to $4.79 in June and July.

That translated into a projected fuel factor jump from about 17.5 cents to 31 cents per kilowatt-hour — an increase of almost 80%.

Saunders said he personally advised Cabinet of the projected increase and presented options for cushioning the impact.

He characterised Government’s $500 cost-of-living payment as its “initial response” to rising fuel costs, before a separate fuel-factor subsidy was approved.

Cabinet records show Government agreed on June 24 to provide funding to mitigate the fuel-factor impact, with the relief programme approved July 8.

Eligible residential customers — those averaging less than $1,500 monthly over the previous three bills — are capped at 22 cents per kWh from July through October.

Pelican confirmed Friday that Government’s contribution was already applied to July bills, meaning the bills now triggering widespread public outrage would have been even higher without the subsidy.

Saunders did not disclose the programme’s total cost.

His admission that Government knew since April, however, raises another question amid the backlash: why were consumers not directly warned by Government about the scale of the approaching increase?

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Bahamas News

More Bahamians Accessing HIV, STI Care Through NHI

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NASSAU, Bahamas — More Bahamians are accessing HIV and sexually transmitted infection-related healthcare through National Health Insurance, a trend the NHI Authority says should be viewed positively.

NHIA stressed in an August 6 statement that its 2025 figures measure healthcare utilisation, not newly diagnosed infections. They include beneficiaries screened, treated, monitored or receiving follow-up care, including people diagnosed previously.

“Increased utilisation of these services should be viewed as a positive development,” NHIA said.

The Authority pointed to “greater enrolment and use of NHI, improved access to screening and testing, continued treatment and monitoring of existing conditions, and increased willingness to seek medical care.”

The development comes amid a mixed three-year HIV picture. New diagnoses rose from 130 in 2023 to 156 in 2024, before declining to 142 in 2025.

NHIA said increased utilisation demonstrates that more beneficiaries are accessing needed healthcare and actively managing their health, reinforcing the importance of screening, early diagnosis and continued treatment.

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Health

47,459 MEASLES CASES, 44 DEATHS ACROSS AMERICAS  

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WASHINGTON, D.C. — The Americas has recorded 47,459 confirmed measles cases and 44 deaths in 2026, the region’s highest case count in 22 years, prompting the Pan American Health Organization (PAHO) to urge stronger vaccination, surveillance and rapid outbreak response.

As of July 18, cases were already more than triple the 15,011 recorded during all of 2025. Guatemala, Mexico, the United States and Peru account for 95% of confirmed cases. Guatemala leads with 30,371 cases and 26 deaths, followed by Mexico with 12,255 cases and 17 deaths.

PAHO classifies the regional public health risk as very high, citing active outbreaks, immunity gaps, international travel and populations with inadequate vaccination coverage.

The organization says prevention starts with vaccination. Countries are being urged to achieve and maintain at least 95% coverage with two doses of measles-containing vaccine, particularly protecting children and under-vaccinated communities.

Measles spreads through the air when an infected person breathes, coughs or sneezes. Symptoms can include fever, cough, runny nose, red eyes and a rash.

PAHO is urging health authorities to detect suspected cases early and respond rapidly to stop transmission. Unvaccinated and under-vaccinated people, young children and communities with limited healthcare access face increased risk of severe illness and death.

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