The documents related to construction activities at Nygard Cay clearly show permission to build on government land and the promise by the government of a lease of that property was obtained in a letter from the Lands and Survey Director Mr. Garraway. Peter Nygard simply wants to re-build and restore his home following a devastating fire in 2009 that left 70% of the home in ruins.
Peter Nygård’s success story began when he gathered his life savings and borrowed $8,000 capital to purchase 20% of a women’s garment manufacturer with $800,000 in annual sales, which within a few years he owned outright - renaming it 'NYGÅRD' & turning it around from near bankruptcy into the bustling dynasty that it is today! The speed with which Nygård claimed his #1 position in the industry is attributed to the uniqueness of his business decisions and his work ethic that includes 14-16 hour days/seven days a week. But then again, as Nygård says, "The only time you are working is when you wish you were doing something else".