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Carey: Interest in Eleuthera properties booming - The Nassau Guardian

Carey: Interest in Eleuthera properties booming - The Nassau Guardian
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Real estate expert says it s high time Bahamas adjusts rules governing undeveloped land – Eye Witness News

Mario Carey. NASSAU, BAHAMAS Restrictive covenants imposed on vast chunks of undeveloped land decades ago are placing a chokehold on much-needed economic activity that could help The Bahamas pick up the slashed financial pieces left by the COVID pandemic and get back on track for true economic growth, said one of the country’s most successful businessmen. Mario Carey, founder of Better Homes and Gardens MCR Bahamas, Mario Carey Realty and his most recent company, Mario Carey Ventures, said several newly proposed and long-pending projects on the drawing board are being hampered because of what he called “antiquated, outdated covenants” that prevent a wide range of uses for large parcels of property.

Businessman lauds US court for $200K fine for American caught illegally fishing in Bahamian waters

“Seize vessels and they’ll get the message” NASSAU, BAHAMAS Real estate guru Mario Carey, a businessman and diver, is facing an uphill slog to get everyone on board to stop the illegal harvesting of Bahamian conch, fish and crawfish. “I’ve been diving for more than 35 years and two weeks ago I went from Yellow Banks (north Exuma) to Sayle Rock (Eleuthera) without seeing a single grouper, hog fish [or] Margaret fish; not a conch, nothing,” he said. “Yes, dolphin, or mahi-mahi were running, but the fish that feed on coral not a one in six hours in the water.

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