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Feature - May 2007


By Carol Bareuther

YACHT HAVEN GRANDE IS OPEN! What does Oracle's Larry Ellison, the Beach Boys' Mike Love and you all have in common? The opportunity to play, shop, dine and dock at St. Thomas' newest and most luxurious marina, Yacht Haven Grande.

Island Global Yachting (IGY), the developer of Yacht Haven Grande and a subsidiary of the New York-based real estate-oriented merchant-banking firm, Island Capital Group, welcomed its first mega yachts to a soft opening back in November 2006 - including Ellison's 452-foot-long Rising Sun. Then in March, the group held its official Grande Opening complete with a Beach Boys Concert and fireworks show over the harbor. On August 27, you've invited to this prestigious property for a Caribbean Night celebration as part of the 2007 USVI Open/Atlantic Blue Marlin Tournament.

Dubbed a 'playground by the sea', Yacht Haven Grande is a spectacular state-of-the-art facility with a level of service and friendliness to match.

Elie Finegold, president of Yacht Haven Grande, invites, "We'd like to invite all sports fishermen to enjoy our beautiful docks, restaurants, shops and entertainment all located right on the waterfront. We offer 24-hour security for both the marina and the property, so you can play, relax and enjoy without worries."

The property includes an esplanade with three restaurants. W!kked is a casual dining eatery. That means gourmet burgers, calamari nachos and wickedly hot wings. Fat Turtle is a barbecue restaurant located right on the water, and Grande Cru is a martini bar and bistro.

A fourth restaurant, Three60, will be a magnificent fine dining facility opening this summer. It will be located on the second floor of an octagonal-shaped building constructed in the middle of the marina on a pier that juts out 220-feet into the harbor. "It's a unique vantage point. Diners will be able to sit above the yachts and have a spectacular view of the harbor," Finegold explains.

The lower level of this structure will host the island's newest yacht club. The Clube at Yacht Haven Grande will open to members in September 2007. Yacht Club membership will include personalized amenities, recreational facilities and private dining.

There's also 80,000 square feet of retail space, which is open to the public. Stores here include Louis Vuitton, Coach, Bulgari, BCBG, Bebe, White House Black Market, Little Switzerland, Royal Caribbean, Trident, Roberto Coin, and many more.

The property also features 12 waterside condominiums each with 3 bedrooms, 3 1/2 baths, and 2 terraces and plunge pool, all with views of the harbor. The Residences at Yacht Haven Grande are currently on sale starting at $2 million.

Visiting sports fishermen can also enjoy two tennis courts, a putting green and swimming pool.

The Marina at Yacht Haven Grande offers world-class amenities such as high-speed in-slip fueling, black water pump-out and waste oil removal; up to 600 amps of 3-phase power; WiFi, 24-hour security; side-to berthing for yachts up to 450 feet and beyond; and 18-foot concrete docks and piers. The marina services include comprehensive nautical provisioning, catering, laundry, florist, and ships' chandlery.

Yacht Haven Grande, a member of the IGY, is bringing the boating lifestyle onto land. IGY was formed in 2005 by Island Capital Group LLC to acquire, develop, manage and operate world-class marinas around the globe. Founded by Andrew L. Farkas in 2003, Island Capitol Group LLC is a New York merchant banking firm specializing in real estate, real estate securities, and securitization. IGY focuses on acquiring, controlling and/or servicing luxury-yacht marinas and surrounding upland real estate properties in key regions from the Caribbean to Mexico and the Arabian Gulf. IGY marinas operate under the signature Yacht Haven Grande Collection and the IGY series brands as well as several private labels. Headquartered in New York and Fort Lauderdale, IGY has offices in Greenville, South Carolina; St. Thomas, USVI; and Dubai, UAE.

For more information on Yacht Haven Grande
Tel. (340) 774-9500 or visit their website:

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