Archive

Archive for the ‘Financial’ Category

Relic From a Bygone Era: Pressmen’s Home, Tennessee

Pressmens-Home-7-CF

Located in the hills of Eastern Tennessee, this abandoned complex was once home to the International Printing Pressmen and Assistants Union of North America. The bucolic setting was chosen for its remote location and proximity to a spring believed to offer health benefits.

The property was purchased in 1911, and for sixty-five years Pressmen’s Home offered training, healthcare, and leisure services to union members and their families.

But by the late 1960s union leadership decided the remote location was too far removed from the political eye, and in 1967 the headquarters was moved to Washington D.C. Pressmen’s Home spent the next two years winding down operations, and the buildings have been vacant ever since.

Read more…

About these ads

Abandoned Home for the Abandoned: Forest Haven Asylum

Welcome to Forest Haven, one of the most deadly institutions in the United States.

This asylum for the mentally ill was built not far the nation’s capital in 1925, hidden in forested acreage away from the busy city center. The campus was beautiful, however care and treatment would deteriorate rapidly as the city’s budget tightened. Understaffing issues were common, and for decades reports of resident abuse and neglect went ignored.

The District treated Forest Haven like a dark secret nobody wanted to discuss. A combination of budget cuts and lawsuits eventually forced the institution to close in 1991 after 80 years.

But before Forest Haven was shuttered, hundreds of residents died and thousands more deteriorated while enduring a horrific quality of life.

Read more…

An English Town in China

Thames-Town-7

You’re not far from Shanghai, yet the spire of the Victorian revival church in front of you casts its shadow across a medieval town square. A row of Tudor homes are just around the corner from a string of pubs and shops. But you notice everything is closed. The only people you see are the occasional wedding party taking photographs. A sign at the entrance reads:

Welcome to Thames Town. Taste authentic British style small town. Enjoy sunlight, enjoy nature. Enjoy your life and holiday. Dream of Britain. Live in Thames Town.

It’s not quite right, much like the rest of the town.

The borough known as Thames Town was part of a 2001 initiative to move millions from Shanghai’s city center into nine international suburbs. The concept had noble intentions, but things did not go as planned.

Read more…

Vacation in Valdanos, Montenegro

Valdanos-1

Come to the beautiful crescent-shaped beaches of Valdanos, nestled in a cove on the southeastern shores of the Adriatic Sea. Wake up to a beautiful Montenegrin sunrise peeking over thousand year-old olive tree groves. Play fútbol on the grass fields or try a round of mini-golf. Tennis courts are a stone’s throw away from the ocean. Afterward grab a quick lunch at the waterside café, or take a dip in the pool!

The resort has laundry, post office, and a supermarket for your basic needs. Every villa has sweeping views of the sea. For those who prefer to caravan, a full-service campground is also on the premises. Valdanos offers 240 sunny days a year, but for the restless at night the discotheque should whet the appetite.

There is one problem… It has been closed for years. Read more…

There Was Nothing in the World Like Action Park

Action_Park_Cover

Action Park was one of the first water parks in the United States, and by the time it closed in 1996 it was the most dangerous. The park was a pioneer, not afraid to experiment with attractions in the quest for fun. Aggressive ad campaigns brought a million visitors per year and turned the northern New Jersey water park into a household name.

But a lax attitude toward safety eventually caught up with the owners. After 18 years of operation, a series of lawsuits stemming from injuries and deaths forced the park to close. This is a look-back at the classic water park and the wild attractions which made it famous.

Read more…

Abandoned Kaua’i Jewel: The Coco Palms

Coco-Leo-Azambuja-2

On the east coast of Hawaii’s westernmost populated island, an abandoned hotel is slowly being reclaimed by nature. It was a landmark for 40 years, a success story immortalized in classic American movie culture. The Coco Palms Resort was the result of hard work by the Guslanders, a couple who offered an enjoyable Hawaiian experience on beautiful grounds featuring a coconut grove and lagoon.

The resort enjoyed worldwide fame when it was featured in several mid-century films, most notably the Elvis Presley classic Blue Hawaii. It thrived for decades as a popular hotspot among royalty and stars, but when Hurricane Iniki struck Kauaʻi in 1992 the hotel was critically damaged.

Twenty-plus years later, most businesses and residents in Kauaʻi have moved on. But at the Coco Palms, it’s still 1992: A perfect storm of obstacles has kept the dilapidated structure in a seemingly-inescapable purgatory.

Read more…

Follow

Get every new post delivered to your Inbox.

Join 1,280 other followers