Owning
a Landmark: The Caribbean Motel Who
wouldnt want to spend a summer attending theme parties from the end of April
to October, enjoying fun in the sun, sleeping in rooms that jump and jive, relaxing
in spaces refurbished to create the pizzazz of the motels mid-century modern
heritage? Thats what my partners and I thought when we bought the Caribbean
Motel in Wildwood Crest at the end of July, 2004. First
we needed a motel that was well located to the beach and was designed in a genuine,
mid-century modern, architectural style. We found all that in the Caribbean Motel
at 5600 Ocean Ave, Wildwood Crest. The
Caribbean displays the soaring designs and imaginative forms of the 1950s
architecture. Its crescent-shaped swimming pool, levitating ramp, cantilevered
overhangs, multi-colored spotlights, and futuristic angled-fascia make the Caribbean
the quintessential example of the Doo Wop motels of the Wildwoods. Second
we needed an interior designer dedicated to re-creating the exuberant decorative
style of the postwar leisure culture of the 1950s. New York designer Darleen Lev
brought the tropical feel of the Caribbean inside the rooms. She chose lime-green
(Lime Rickey) for the guest room walls, banana yellow for the furniture,
pink for the re-created mid-century hanging and table lamps, grass-green carpet,
and grass cloth wallpaper. Third, we needed to remove the unkempt, indigenous
evergreen shrubbery. After restoring the original brick planters
that define the grounds, landscaper Mark Lare re-landscaped with bright-blossomed
flowers and other lush tropical-looking plants so that it is not the Caribbean
in name only. Whether
you lounge around the pool, take in the ocean view from the super upper sundeck
or through the glass canted walls of the Cabana, or relax in your room, you sense
the tropical theme and colors and the flamboyant decorative style of the 1950s.
Beyond
the desire to create the kind of place where one wants to be and to be seen, whether
on vacation or a get-away weekend, we wanted to preserve an architectural heritage.
The Caribbean Motel is an American original and a true summer icon. To
save it from the developers wrecking ball and bulldozers, we petitioned
the State of New Jersey and the National Park Service. In August 2005, just one
year after we acquired it, the Caribbean Motel was listed on both the New Jersey
and the prestigious National Register of Historic Places. An
inducement that Congress granted to properties such as the Caribbean is a twenty
percent tax credit for restoration work that qualifies. To understand how lucrative
a tax credit is, one must appreciate the difference between a tax credit and a
deduction. A
tax credit is a dollar-for-dollar reduction in taxes owed. A deduction is not.
A deduction reduces ones gross adjusted income. The tax tables show the
amount of taxes due in that particular adjusted gross income category. With a
tax credit, after you look up in the tax tables how much tax is due, you subtract
the tax credit! Its a dollar-for-dollar reduction
in taxes due!! Congress has eliminated tax credits with few exceptions, such as
the unearned tax credit for low-wage workers, so its a tantalizing inducement
to restore a building thats listed on the National Register. Even better,
Congress granted the right to sell the tax credit! For example, if the owner of
a property on the National Register ends up with more credits than taxes owed,
the taxpayer may sell the unused credits. Either way, the owner of the historical
property gets cash back from the restoration.Bear
in mind that the tax credit applies to qualifying restoration expense. A fresh
coat of paint and new carpets may not qualify, but to deal with deferred maintenance
in a way that restores the original conditions would. Planning
for and observing the transformation from a neglected Doo Wop motel, where the
interior furnishings were disconnected from the motels glitzy architectural
heritage, has been about as much fun as the theme parties we throw! Even
during the years that the Caribbean was allowed to deteriorate, many guests remained
loyal. Now we receive comments on the Comment Sheet that read: Keep
up the good work, and bring back the Caribbean to the good old days.
Much nicer than our 2003 experience, and very nice experience-we
will recommend and return whenever possible. Editors
note:
The
Doo Wop Preservation League thanks Carolyn Emigh and George Miller for their stewardship,
and appreciates their efforts to preserve our notable mid-century heritage for
future generations. Over 200 properties in The Wildwoods are listed on the Motels
of the Wildwoods multiple property historic documentation form, which makes
owning a landmark even easier! If you want to join the fun please call the Doo
Wop Preservation League, 609-729-4000. |