June 11th, 2009
Last month’s Robb Report has announced that timber magnate Tim Blixseth will accept $75 million for his 5 acre Caribbean island of Emerald Cay, or swap it for a Gulfstream Jet or a luxury New York apartment.
Blixseth bought the island half-finished about three years ago, and then completed the construction.
He originally planned on using the island as part of his Yellowstone Club World luxury residence club, but the club recently filed for bankruptcy.

Posted in Luxury Real Estate























