Beachside Associates, LLC, Plaintiff, v. Bayside Resort, Inc., Bluewater (Sapphire), LTD., Stevan Silberstein, et al., Defendants

71

IN THE SUPERIOR COURT OF THE VIRGIN ISLANDS
DISTRICT OF ST. THOMAS AND ST. JOHN

BEACHSIDE ASSOCIATES, LLC,
                                  Plaintiff,
v.

BAYSIDE RESORT, INC., BLUEWATER (SAPPHIRE),
LTD., STEVAN SILBERSTEIN, DONNA SILBERSTEIN,
LAWRENCE BRENNER, BARBARA BRENNER,
INTERSTATE MANAGEMENT COMPANY, LLC,
formerly known as MERISTAR MANAGEMENT
COMPANY, LLC, PALM TREE MORTGAGE CO., LLC,
LITCHFIELD FINANCIAL CORPORATION, INTERNAL
REVENUE SERVICE, SBRMCOA, LLC, SIDNEY A.
JARVIS, and VIRGIN ISLANDS WATER AND POWER
AUTHORITY,
                                  Defendants.               

CIVIL NO.  ST-07-CIV-626
ACTION FOR DEBT, FORECLOSURE OF LIENS, AND
ENTRY OF CONSENT TO AND CONFESSION OF JUDGMENT

OFFICE OF THE VIRGIN ISLANDS MARSHAL
DIVISION OF ST. THOMAS AND ST. JOHN
NOTICE OF MARSHAL’S SALE

In compliance with a Writ of Execution issued by the Superior Court of the Virgin Islands, Division of St. Thomas and St. John, on June 29, 2017 in the captioned action for debt and foreclosure of liens in which Beachside Associates, LLC (“Beachside”) recovered an Amended Judgment dated March 5, 2012, the Office of the Virgin Islands Marshal will sell the following properties separately or otherwise as is likely to bring the highest price at the office of the Office of the Virgin Islands Marshal, St. Thomas, Virgin Islands, on the 30th day of August, 2017, at 10:00 a.m.:

Condominium Unit Nos. 101, 102, 103, 109, 110, and 201
in Building F at Sapphire Beach Resort and Marina Condominium,
Parcel Nos. 11-I, 11-J, 11-K, 11-L, 11-M, and 16-1-5
Estate Smith Bay, Nos. 1, 2 & 3 East End Quarter,
St. Thomas, Virgin Islands, as shown on PWD Nos.
D9-3930-T87, D9-4124-T87, D9-4561-T88, D9-5109-T91,
and D9-5096-T91 (collectively, the “Condominium Property”) –
each Unit consisting  of a one (1) bedroom one (1) bath apartment containing
495 square feet and appurtenant limited common interest
consisting of a patio with an area of 144 square feet;

Condominium Unit Nos. 302, 303, 304, 306, 307, 308, and 309
in Building F at the Condominium Property – each Unit
consisting of a one (1) bedroom two (2) bath apartment,
with loft, containing 768 square feet and appurtenant limited common interest
consisting of a 3rd floor patio with an area of 144 square feet
and a 4th floor patio with an area of 86 square feet; and
 

Marina Slip Condominium Unit Nos.  N1, N30, N31, N33, N34, S2, S6,
and S34 at the Condominium Property, which have the following dimensions
(length (“L”), width (“W”), and depth (“D”): N1 (50ʹ L, 25ʹ W, 10ʹ D), N30,
N31 and N33 (50ʹ L, 17ʹ 3ʺ W, 10ʹ D), N34 (50ʹ L, 17ʹ 5ʺ W, 10ʹ D),
S2 (40ʹ L, 17ʹ 4ʺ W, 4ʹ to 10ʹ D), S6 (40ʹ L, 18ʹ 11ʺ W, 10ʹ D), and
S 34 (50ʹ L, 17ʹ 10ʺ W, 10ʹ D) (collectively, the “Properties for Sale”).  

This judicial sale will be conducted in accordance with the provisions of V.I. Code Ann. tit. 5, §§471-506.  Beachside may bid a credit against its judgment and interest thereon, plus costs, without tender of cash.  The terms of sale as to all other persons bidding shall be cash.  The highest bidder shall be required to deposit with the Marshal ten percent (10%) of the purchase price no later than the close of business on the day of sale, failing which the Marshal reserves the right to award the Properties for Sale to the next highest bidder, except that no deposit shall be required of Beachside.  The balance of the amount bid must be paid within thirty (30) days inclusive of the date of sale or the deposit will be retained by the Marshal as liquidated damages for Beachside.  The Marshal reserves the right, in such event, to award the Properties for Sale to the next highest bidder.  All payments must be made by cash, certified check, bank check, or U.S. postal money order, except as to a credit bid from Beachside.  Personal uncertified checks will not be accepted.

DATED: July 28, 2017                                                                                 

DWANE A. CALLWOOD
Assistant Marshal

DUDLEY, TOPPER and FEUERZEIG, LLP
Gregory H. Hodges
Attorneys for Plaintiff
1000 Frederiksberg Gade
P.O. Box 756
St. Thomas, VI  00804
Telephone: 340-715-4405
Facsimile: 340-715-4400
Email: ghodges@dtflaw.com

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