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Group expects post-Christmas marketing launch of golf condos

<p style="text-align: justify;">Esencia Group said it may start marketing golf course condominiums after Christmas. The London-based developer expects final government approval in September of revised plans for its Carbonera Club at Varadero, a company newsletter said. Esencia is one of four golf resort developers in the final stages of a drawn-out approval process with the government. The group, led by Scottish businessman Andrew MacDonald, last year presented plans for the $400 million Carbonera Country Club Resort that include 730 apartments and villas, an 18-hole golf course, and a marina. The company said it will present the government an updated plan with prices for real estate before September. Read More

Tropical Storm Emily may re-form this weekend; 3 dead in D.R.

<p style="text-align: justify;">This NOAA satellite image taken Friday, August 5, 2011 at 1:45 a.m. EDT shows the remnants of Tropical Storm Emily over Hispaniola. Showers and thunderstorms associated with the system stretch over the Greater Antilles, and into the Bahamas. This system has a moderate, 60% chance of redeveloping into a tropical storm within the next 48 hours. Meanwhile, a trough of low pressure west of Mexico pushes ample moisture onshore, kicking up scattered showers and thunderstorms that stretch into the Southwestern US. At the same time, a frontal boundary over the Southeast triggers scattered storms to the Southeast.AP Read More