Island Tower at Polynesian Villas & Bungalows

[mkatsy]

Looks like they are declaring 222 units!

How many are in the whole structure?

 

[JackosinDIS]

How many are in the whole structure?

Can’t remember off the top of my head but sure it was around 270?

 

[Mai Ku Tiki]

Did we crash MS ???
Hamster wheel to check availability for VB, not PVB/Tower ???

 

[Mai Ku Tiki]

Can’t remember off the top of my head but sure it was around 270?

Forbes article said 268.
THIS is an amazing day !!!

 

[CastAStone]

Looks like they are declaring 222 units!

How does one see that detail? I am unfamiliar with
that particular database.

 

[CastAStone]

.

 

[JackosinDIS]

How does one see that detail? I am unfamiliar with
that particular database.

Just an educated gues based on the fact that for previous declarations they have declared 51 weeks for each unit. 11322/51= 222

 

[maui22]

Original detail from Disney said 270 keys.
As @Mai Ku Tiki mentioned Forbes said 268.

Any thoughts on why only 222?

 

[Kailunkat]

But when can we buy them....


Is 222 the max they need to sale for the association agreement? Does this maybe mean they are keeping some back for cash booking permanently? Why declare 222 instead of all 268.

 

[Hubalorian]

Original detail from Disney said 270 keys.
As @Mai Ku Tiki mentioned Forbes said 268.

Any thoughts on why only 222?

My two thoughts are maybe part of the building will still need to be finished or they are declaring the other units into the trust. Or they just want to see what our crazy Disboard theories are. Who knows

 

[Sandisw]

Possibility the ROFR increased so suddenly bc DVD is harvesting pts to throw them into the Trust idea, even if only a small % of Tower pts? And maybe they add to that by beginning to ROFR other DVC pts more often once Tower is selling, increasing attractiveness of Trust ?

From my understanding, they can’t just put points in. Points represent real rooms and in order for property to be added to the trust, it must belong to DVD.

DVD doesn’t own full units at PVB long houses snd bungalows so it can’t be added.

 

[maui22]

The pending amendment is for 11,322 Timeshare weeks. Wow. The initial PVB (2014) was for 8262 weeks. Looks like they are declaring quite a bit upfront.

I hope you don’t mind. I mentioned you and linked to your post about the 11,322 timeshare weeks discovery in the amendment on another thread.
https://www.disboards.com/threads/5...amendment-under-review.3946835/#post-65513811

 

[Sandisw]

Looks like they are declaring 222 units!

It doesn’t mean they are declaring them…it means they are applying for the license to sell that many..

The initial declaration documents is what we will see that tells how many units will be available for intual sales.

 

[JackosinDIS]

It doesn’t mean they are declaring them…it means they are applying for the license to sell that many..

The initial declaration documents is what we will see that tells how many units will be available for intual sales.

Sorry if my terminology is wrong. Why would the sales licence only apply to 222 units I wonder?

 

[Sandisw]

Sorry if my terminology is wrong. Why would the sales licence only apply to 222 units I wonder?

Maybe they don’t intend to sell all the units as part of DVC..I really am not sure…

Also, with leasehold condo, they only sell 51 weeks, and not 52…did you use that number?

ETA. I see that you did.

 

[JackosinDIS]

Maybe they don’t intend to sell all the units as part of DVC..I really am not sure…

Also, with leasehold condo, they only sell 51 weeks, and not 52…did you use that number?

Yes I used 51 weeks

 

[🍀TwinsMom]

 

[CastAStone]

Sorry if my terminology is wrong. Why would the sales licence only apply to 222 units I wonder?

It’s 222 2 bedroom equivalents. Not 222 keys.

 

[Sandisw]

Yes I used 51 weeks

Just had a thought….dont they count lock offs as 2 bedrooms for thr purpose of selling points.

Could we be getting a lower number because of the number of 2 bedroom lock offs that will be in the building?

 

[JackosinDIS]

Just had a thought….dont they count lock offs as 2 bedrooms for thr purpose of selling points.

Could we be getting a lower number because of the number of 2 bedroom lock offs that will be in the building?

Yes. @CastAStone just figured that.

Would result in a higher number… probably 268!