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World’s wealthiest expected to bid on Paradise Island Showpiece, $28+ Million Waterfront Home Opens for Bidding on Sotheby’s Concierge Auctions Website March 10

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#TheBahamas, February 27, 2023 – Elisium, a 20,000-square-foot, 9-bedroom, 11-bath show-stopping, jaw-dropping residence in Ocean Club Estates on Paradise Island in The Bahamas, is expected to draw a fiercely competitive field of bidders when the bidding officially opens, without reserve, on March 10 via Sotheby’s Concierge Auctions.

A spokesman for Sotheby’s Concierge Auctions, the world’s largest luxury real estate auction marketplace, said they have already seen interest in the never-before-lived-in estate.

“It’s extremely encouraging to see so much early interest in a property weeks before the auction even opens for bidding,” said Danny Prell, Vice President, Business Development.

“The answer to early interest lies partly in the property itself, but additionally in its premier location,” says Prell, an opinion shared by Christopher ‘CJ’ Ansell, the local cooperating broker for the sale.

“The property known as Elisium is a one-of-a-kind offering,” said Ansell, whose performance earned him Circle of Excellence status at Nassau-based Damianos Sotheby’s International Realty in 2022.

“The estate, not only beautiful in and of itself with exquisite attention to detail around every turn, is also the only residence in the famed Ocean Club Estates that enjoys both a harbour and ocean view and the only property with both marina basin dock and private beach. There is absolutely no other property like it.”

The attention to detail Ansell notes begins from the moment of entry, where individuals step onto perfectly polished and seemingly seamless porcelain floors that appear as is if they are floating. The 28-foot-high arched windows frame crystal blue waters, and sky lighting up the entry living area soaks the space in natural light.

“That light alone and the clean, inviting whites in the furniture paired with dark wood trim adds a touch of contrast,” says Ansell. “It sets the tone for the rest of the experience with the space telling a story that says immediately, ‘You are in The Bahamas, welcome home to a world of light and beauty.”

If Ansell waxes eloquent on the property, it’s hard not to.

“A labor of love, the current owners spent four years constructing what was meant to be their forever home. With a keen eye for fine details and personal touches, the owners’ taste for luxury design is sure to benefit the next buyer.”

Those personal touches are evident from the moment you enter the gated estate. Leading to the front door is a boardwalk over a saltwater pond, stocked with starfish, jellyfish, and other species. Massive double doors open to an entryway with two 11-foot-high aquariums, and from there, the uninterrupted vistas fill your senses.

“The kitchen is so untouched that no one has ever even had a cup of coffee in it,” says Ansell, while opening the doors of two dishwashers, a wall-length concealed Subzero fridge and freezer, a chef’s stove, and microwaves, revealing operations manuals still in their cellophane wrappers.

Twin staircases lead to the second floor joining at a landing with another magazine-worthy view. An intimate dining area for up to eight persons is situated just off the elevator leading to the second floor. Two thickly carpeted, self-sufficient suites are accessible by stairs or elevator.

The third floor is devoted to a full-on breathtaking primary suite as well as a smaller space, poised as a nursery or private office. That attention to detail shines yet again in even in the bathrooms with flowing grains of marble matching to perfection through bends, corners, and rounds, reflecting the master craftsmanship.

“You see that excellence again and again,” says Ansell, “throughout the supersized closets with finely detailed, extensive built-ins. You see it in the bathrooms with his and her dressing spaces, extravagant free-standing tubs, radiant heated towel bars, and the stamped Elisium name.”

Outdoors, the property showcases two swimming pools, one specifically designed with a faux coral climbing area, a private beach, and a separate play area for kids and their parties.

According to Prell, while the estate and its features are in a class of their own, Elisium’s location puts it on the global map.

“From the moment the first lots were sold in the late 1990s to today—almost 25 years later—Ocean Club Estates has not only retained its place in the somewhat rarefied air of the most desirable places on earth to live, the properties have consistently appreciated in value,” said Prell. “Access to Four Seasons Ocean Club, Atlantis resorts, automatic approval for the Ocean Club membership privileges for those who wish to join, and the amenities in the Estates community itself—golf, tennis, restaurants—make it the luxury location of choice.”

The bidding officially opens on March 10 on casotheby’s.com, and, while listed at $28.8 million, the estate is being offered without reserve.

For even more Caribbean luxury, view Sotheby’s Concierge Auctions’ additional offerings, including a 3-bedroom tower villa with 360-degree mountain & Caribbean ocean views in St. Vincent & The Grenadines, a private 186-acre Bahamian island chain with development potential, or an exclusive villa boasting with extensive indoor and outdoor living spaces, set in Sundance Ridge on St. Kitts.

 

Photo Captions: 

Header:  Interest is already being shown well ahead of the opening date of March 10 for online bidding via Sotheby’s Concierge Auctions on the Elisium estate, a 20,000 square foot showpiece of stunning design and master craftsmanship in world-renowned Ocean Club Estates, Paradise Island, Bahamas.

1st insert: The 28-foot high windows fill the entry living area with light, providing a sense of place and an invitation to breathe deeply and unwind. Light fills nearly every space at Elisium, the 20,000 square foot,  9-bedroom, 11-bath estate in Ocean Club Estates, Paradise Island, Bahamas, that goes on auction via Sotheby’s Concierge Auctions March 10.

2nd insert: Elisium baths reflect stunning design tails and master craftsmanship that explain its $28.8 million valuation. Note the perfection in flowing marble around corners, bends and throughout the walls. Interest in the never-lived-in grand estate is already being shown ahead of online bidding that starts  March 10 via Sotheby’s Concierge Auctions.

3rd insert: One of two pools at Elisium, Paradise Island, the lagoon pool with rock and boulder wall overlooks the water and private beach while a second expanded lap pool runs the length of the main house.

Caribbean News

Fighting the fungus foe of the beloved banana

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How Venezuelan farmers are learning to grow and live with a devastating plant disease

 

In the fields of Venezuela, where the banana has been for generations a symbol of sustenance and tradition, a shadow fell across the land. In 2023, Venezuela’s National Institute of Integral Agricultural Health (INSAI) declared a phytosanitary emergency: the fungus Fusarium Tropical Race 4 (TR4) (Fusarium oxysporum f. sp. cubense tropical race 4; syn. Fusarium odoratissimum) had arrived in producing areas in the states of Aragua, Carabobo and Cojedes.

This fungus, considered a devastating disease of banana and plantain (Musaceae) trees, can remain in the soil for more than two decades, threatening production and the lives of those who depend on it.

In the state of Aragua in the north of the country, the Renacer community had been growing bananas and plantains on 20 hectares since 2018. Then Fusarium arrived.

“When the disease hit, the entire plantation began to deteriorate. We refused to ‘die’ with the trees because that was our livelihood. The visits of INSAI confirmed that we had to chop down the banana trees. I cried a lot because I had worked with my banana trees for years,” recalls woman farmer, Lesbia Margarita García, with a broken voice.

In response, INSAI implemented measures to eliminate the affected plantations and improve the soil health by changing to other crops that allow agricultural production to recover. The Food and Agriculture Organization of the United Nations (FAO) offered assistance by providing corn seeds, tools, biosecurity inputs and training, with teams of experts helping farmers to start again.

“Planting corn, thanks to the INSAI-FAO programme, gave us a harvest that benefited everyone. We have been improving the soil,” says Lesbia Margarita with a smile. “Now we rotate crops, observe soil health and have learned how to use natural fertilizers. Expert assistance has been key.”

The pilot project works directly with affected producers in high-risk areas, promoting alternative crops such as cereals and vegetables, delivering inputs and tools to mitigate damage and applying biosecurity measures for safe and effective containment.

“Beyond the corn received, we have already planted cassava, chili peppers, beans and pumpkin. We hope that by the end of the year [2025] we will be diversified and that each season we will have something to sell. These lands do not give up,” says Lesbia Margarita with conviction.

The Renacer community is beginning to see fruits. Their products are reaching local markets, generating income and rebuilding their livelihoods.

Key actions to manage Fusarium TR4 are ongoing, including regular monitoring, continuous training, inter‑institutional coordination, updates to the national plan, information campaigns and producer impact assessments. INSAI is sustaining regulatory, surveillance measures and training —with FAO support—as part of a comprehensive long‑term strategy.

At the global level, FAO supports awareness raising, capacity building and international collaboration in the fight against Fusarium TR4 by facilitating the World Banana Forum and its Global Network on TR4.

“The objective is for countries to strengthen their operational and technical capacity, articulating actions between the public sector, the private sector and family farmers,” says Raixa Llauger, FAO Agriculture Officer in Mesoamerica. “FAO and local partners have promoted this approach in Venezuela.”

As an essential part of the activities, a comprehensive training programme was developed with activities that taught farmers how to identify the disease contain it and protect crops. In addition, FAO has distributed laboratory equipment, biosecurity tools and a multispectral drone to INSAI. Drones are an efficient and cost‑effective tool for phytosanitary surveillance, offering rapid, high‑resolution monitoring and early detection of plant pests and diseases.

Overall, the project strengthened biosecurity measures against the Fusarium fungus through the adoption of the National Action Plan and the establishment of partnerships with national and international institutions. In addition, the pilot initiative supporting smallholder farmers in key production areas and a nationwide awareness campaign with broad outreach improved surveillance, diagnosis and phytosanitary response capacities across the country.

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Caribbean News

Widow’s Testimony Recounts Night Haiti President Was Killed

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MIAMI, Florida — Emotional testimony from Martine Moïse, the widow of assassinated Haitian President Jovenel Moïse, has given jurors in a U.S. federal courtroom a chilling account of the night gunmen stormed the presidential residence and killed the country’s leader.

Martine Moïse took the stand this week in Miami as part of the ongoing trial of several men accused of helping plan and finance the July 7, 2021 assassination, a crime that plunged Haiti into political crisis and remains only partially solved.

She told the court that armed men forced their way into the president’s private home in the hills above Port-au-Prince during the early morning hours, firing multiple shots at her husband while she lay beside him. She testified that she was also wounded in the attack and survived by pretending to be dead until the gunmen left the room.

According to prosecutors, the plot involved a group of foreign mercenaries, including former Colombian soldiers, along with Haitian and Haitian-American suspects. Investigators say some of the men believed the mission was to detain the president, but the operation turned into an assassination.

The Miami trial is focusing on the alleged role of South Florida businessmen and others accused of organizing or financing the plan, part of a wider international investigation that has stretched across several countries.

More than four years after the killing, the question of who ultimately ordered the assassination remains unanswered, with suspects still in custody in both Haiti and the United States as the case continues to unfold.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Caribbean News

Jamaica Joins Afreximbank Agreement, Strengthening Africa–Caribbean Partnership

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CARIBBEAN — Jamaica has become the 13th CARICOM member state to accede to the African Export-Import Bank Establishment Agreement, further strengthening economic ties between Africa and the Caribbean.

The development was confirmed during the 50th CARICOM Heads of Government Meeting, where an Afreximbank delegation led by George Elombi and Kanayo Awani met with Jamaica’s Prime Minister Andrew Holness to advance cooperation.

Prime Minister Holness thanked the bank for its support following Jamaica’s recent hurricane, noting that Afreximbank financing helped restore critical infrastructure including water, electricity, sewage systems and roads, while also assisting reconstruction efforts aimed at building stronger resilience to future disasters.

The meeting also focused on broader development opportunities tied to Jamaica’s membership in the agreement. Discussions included rebuilding and modernising infrastructure such as railways, hospitals and other public facilities, while strengthening regional transportation and trade networks to improve the movement of people and goods across the Caribbean.

Afreximbank has been expanding its presence in the Caribbean as part of its strategy to connect Africa with the region often referred to as “Global Africa.” The bank has already committed billions of dollars in financing and trade support to Caribbean economies in recent years, including funding for infrastructure, trade facilitation and private sector investment.

By joining the agreement, Jamaica gains expanded access to Afreximbank’s financial instruments, technical support and trade networks designed to promote commerce between Africa and CARICOM states.

Regional leaders say the growing partnership could unlock new opportunities in areas such as trade, logistics, tourism, manufacturing and cultural exchange, strengthening economic cooperation between the two regions with deep historical and diaspora ties.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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