Tenants Of Havensight Mall In St. Thomas Threatened With Eviction Notices
- Ernice Gilbert
- August 22, 2014
The West Indian Co., better known as WICO, sent letters to some tenants seeking owed rent, and threatening eviction for those who fail to comply. "There have been many times tenants were delinquent in rent a few times, and they were never enforcing their lease rules, and now I believe they are starting to enforce the lease rules," Havensight Merchants Association President Ram Mirpuri said. According to WICO President and Chief Executive Officer Joseph Boschulte, notices recently went out to less than 25 percent of the mall's 60 tenants. "We haven't done anything that's outside the lease," he said. WICO owned the Havensight Mall until 1993, when it was sold to the Government Employees Retirement System (GERS). WICO has continued to manage the mall since its sale under a contract that's renewed every five years. The contract has been expired for over four years, but GERS and WICO, two government-owned agencies, cannot agree on the terms of the new contract, so while ...
