Check out this interesting article published on "Boating Industry" website about the fractional ownership scheme.
"It's a way to justify keeping it," Loren Simkowitz of Monocle Fractional Yachts in Fort Lauderdale, told the newspaper.
Monocle sells and manages the fractional ownership of more than 50 yachts, including brands such as Azimut, Hargrave, Hatteras and Westport, which range in length from 64 feet to more than 300 feet, according to the article.
>> Boating Industry website
