About - History of Green Cay Village
Green Cay Village - 2010 and Beyond - Riding Out the Storm
To be continued by the Developer and the residents of Green Cay Village.
| Editorial Comment While we can't rewrite our history, there is a lot the Developer and the Homeowners can do to write a happy ending to this story. Here are my recommendations.
Developer
- Continue to work on the apartments' mix.
- Stay involved in the community.
- Don't give up on your dream!
Homeowners
- Pay your HOA fees on time.
- Follow all of the community rules.
- Support your Property Manager.
- Report problems when you see them.
- Suggest areas for improvement.
- Stay informed. Signup for News Alerts.
- Participate in your community associations.
- Be a good neighbor. Wave. Smile. Say hello.
Board of Directors
- Pay the bills- Manage delinquencies and expenses to the point that we do not need to raise association fees or have any special assessments.
- Maintain the property - Keep the place standing tall seven days a week and address all longer term issues such that the physical property is in as good a condition at the end of 2011 as the day it was built, not withstanding the normal wear of reserve items.
Stated another way, keep the property "open house ready" 24/7 because in fact someone here is always in the process of selling or leasing a unit.
- Maintain community standards - Use relentless and unflinching enforcement of the rules as a means of keeping this a pleasant place to live for those that follow the rules.
This is important to the success of the community, given the newness of the community and the broad cultural and economic makeup of the residents.
Peter Schulz - Editor |
2010 Key Events
January 1, 2010 - The townhomes and condos are essentially fully occupied with either homeowners or renters.
| |
2007
Year
End |
2008
Year
end |
2009
Year
End |
2010
Year
End |
2011
Year
End |
| Townhomes |
|
|
|
|
|
| Total Units |
100 |
100 |
100 |
100 |
100 |
Sold Units
Owner Occupied
% Owner Occupied
Leased by Owner
Leased by Association
Bank Owned |
67
66
66
1
0
0 |
69
67
67
2
0
0 |
70
65
65
5
0
0 |
75
65
65
10
0
0 |
75
62
62
12
0
1 |
| Developer Leased Units |
0 |
0 |
27 |
23 |
23 |
| Remaining Developer Units |
33 |
31 |
3 |
2 |
2 |
| Condos |
|
|
|
|
|
| Total Units |
160 |
160 |
160 |
160 |
160 |
Sold Units
Owner Occupied
% Owner Occupied
Leased by Owner
Leased by Association
Bank Owned |
89
87
54
2
0
0 |
91
88
55
3
0
0 |
94
87
54
7
0
0 |
95
79
49
14
0
2 |
95
69
43
23
2
1 |
| Developer Leased Units |
0 |
0 |
64 |
64 |
64 |
| Remaining Developer Units |
71 |
69 |
2 |
1 |
1 |
| Apartments |
|
|
|
|
|
| Total Units |
160 |
160 |
160 |
160 |
160 |
| Leased Units |
144 |
160 |
152 |
160 |
160 |
March 31, 2010 - Both the townhomes and the condos made the transition from Developer control to homeowner control and elected their own board of directors.
August 1 - Campbell Property Management (CPM) replaced Castle Group as the property management company for Green Cay Village. ... more
2011 Key Events
June 1, 2011 - The Developer sold all of their unsold townhomes and condos to the Van Duuren family, owners of De Wilgen Vastgoed, a European builder of residential and commercial real estate projects, based in Rotterdam, Netherlands. ... more
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