The government of Puerto Rico has sold a commercial lot, known as the “former Sears property” in Hato Rey — held in the defunct Government Development Bank’s portfolio — for $11.6 million.
The price for a 200-acre beachfront property in Aguadilla that had been reserved for the Discovery Bay Resort & Marina development has dropped to $3 million, from the $9 million sought three years ago through an auction.
As the one-year anniversary of Hurricane María approaches, the Buddhist Tzu Chi Foundation will join the San Juan FEMA Disaster Recovery Center on Sept.13-15th to provide disaster relief aid to Puerto Rican communities, representatives said.