Thread by @DavidBegnaud

This is the kind of headline many Puerto Ricans on the island hate:
Bitcoin billionaire Brock Pierce has purchased a historic, fmr monastery turned hotel in San Juan & is transforming it into a private club. It’s located next door to the Governors mansion
nypost.com/2021/02/04/cro…

The site of the buy is one of the most beautiful in Old San Juan. It was there, in 2019, that tens of thousands of people packed the narrow cobblestoned streets calling for Governor Rossello to resign. The night he did the place went wild with excitement.
nypost.com/2021/02/04/cro…

In 2018, Rolling Stone profiled Pierce who went from went from “child actor to Bitcoin billionaire – now he wants to turn Puerto Rico into a Burning Man utopia”rollingstone.com/culture/cultur…

Since 2018, Pierce and others had “descended on the Monastery, a 20,000-square-foot hotel they rented as their base and that was largely unscathed by the hurricane” until they could buy land. Now, they’ve bought the monastery.
nytimes.com/2018/02/02/tec…

“We’re the tax playground for the rich,” Andria Satz said. “We’re the test case for anyone who wants to experiment. Outsiders get tax exemptions, and locals can’t get permits.”nytimes.com/2018/02/02/tec…

Not everyone hates it: “We’re open for crypto business,” said Erika Medina-Vecchini, the chief business development officer for the Department of Economic Development and Commerce...She said her office was starting an ad campaign... “Paradise Performs.”nytimes.com/2018/02/02/tec…

The building is the orange one.
250 Calle De Cristo Road

UPDATE: The Archbishop of San Juan, (@Sucesor58) insists that the property purchased in Old San Juan by @brockpierce was never a monastery.