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Posted on Feb 21, 2018

Continued hurricane relief efforts in the Caribbean

The destruction of islands in the Caribbean caused by Hurricanes Irma and Maria turns out to be one of the worst kinds of natural disaster to have ever happened in the region. Among the islands affected were Puerto Rico, British Virgin Islands, St Barth and Sint Marrtin, Barbuda, Anguilla, the US Virgin Islands among others. These were just some of the Islands that were hit hard by the Hurricanes in September. Even though some islands are on the recovery path as a result of the swift relief response from the international community, some of the Islands are still under difficult conditions.

As memories of those not directly affected by the Hurricanes begin to fade away, relief efforts for victims continue. IGY Marinas, under CEO Andrew Farkas, have been tirelessly working to see that those affected get back to their normal life. With the creation of the IGY Caribbean Relief Fund which is being sponsored by its parent company Island Capital Group, many people are expected to receive donations from the organization. The Charity initiative has also received donations from other IGY partners and investors. Several local Charities in the Caribbean have been selected and handed over $125,000 assist the affected families.

Tom Mukamal, the Vice Chair of the NYC Eastern Caribbean Relief Fund said that the efforts they have put are meant to help the victims continue with their normal lives after the devastating effects brought by Hurricanes Irma and Maria. “As a charity organization, we have recognized the need for continued relief efforts in this region. Many people still do not have basic needs such as shelter and adequate food and that is why we have to continue with these relief programs. We realized that there are some Islands that have made quite some progress. However, there is much that still needs to be done, and we are positive that our efforts will bear fruits” said Mukamal who is also the CEO of IGY Marinas.

Most of the Caribbean Islands heavily depend on international tourism to support their economies. The fact that many yachts have opted to stay away from the winter vacations implies that the economy within those islands is under threat. That is why it is necessary to continue with the Caribbean conversation. The NYC Eastern Caribbean Relief Fund has pledged to raise up to $5,000,000 which will be used to help the Islands get back on their feet.