Tag: The Nygard Saga

Lyford Cay resident and fashion designer Peter Nygard has created a firestorm in The Bahamas. First with his well-publicized fight with hs neighbor, hedge fund king Louis Bacon, then with the FNM government and now with the Baamian public.

Government Proposed 21-Year Lease Of Reclaimed Crown Land To Peter Nygard

The Government proposed a 21-year lease of reclaimed Crown Land at Nygard Cay to its fashion mogul owner, with an annual rental rate pegged at $25,000. Documents obtained by Tribune Business reveal that the Christie administration sought to justify the lease on the grounds that it was needed to support an “estimated $50 million touristic […]

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