Showing posts with label Watercraft. Show all posts
Showing posts with label Watercraft. Show all posts

Friday, September 30, 2011

One of Detroit Casino Syndicator Mike Malik's 'babies'

Mike Malik's 'Lil Rascal' on Cover
"Since The Beginning: Mayea Boats," a book first published in April 2008 and available on Amazon.com features the "Lil' Rascal," a luxury Mays Craft boat reportedly owned by Detroit casino syndicator Michael Malik.
This book tells the historic tales of the four-generation Mayea family, retracing their wooden boat building career from the early 1900s to today. For the first time this fully illustrated book reveals never before seen pictures and recounts the Mayea's involvement with renowned boat builders like John L. Hacker and Joseph Pouliot, as well as airplane designers such as, Alfred Verville and the Wright brothers.
A review of various news archives and boat owner discussion threads suggests that Malik has an obsession with Mayea built Mays Craft mahogany boats. The Lil' Rascal is apparently one of the more special of Malik's Mayea built boats. In addition to being featured on the cover of this Mayea history book, it's also featured in a photo gallery on Mayea's website. Another Mayea built boat, Temptation, is the crown in Malik's obsession collection.  Ironcially another Mays Craft boat reportedly owned by Malik is the Obssession.

Even while Malik, a Detroit based syndicator, was delinquent on property taxes, his wife’s house in foreclosure, he was tangled up in a ponzi scheme and defaulting on a $1 million line of credit, he was spending millions “investing” in a growing collection of luxury Mays-Craft mahogany boats built or restored to his personal specifications.

Thursday, September 29, 2011

Despite Financial Woes, Ilitch Partner Obsessed with Buying Million Dollar Luxury Watercraft

While Detroit casino syndicator Michael Malik is delinquent on property taxes, his wife’s house is in foreclosure, he’s tangled up in a ponzi scheme and defaulting on a $1 million line of credit, he chooses to spend millions “investing” in luxurious Mays-Craft mahogany boats reportedly built or restored to his personal specifications. Why? The ego-boost of being in that "exclusive club" of Mays Craft boat owners.

Mays-Craft Boats Owned by Michael Malik or his Affiliates

Boat
Details
Lil’ Rascal
25’ mahogany craft. 377-horsepower MerCruiser engine
Obsession
25’ mahogany craft.
Temptation
47’ mahogany craft. Twin Seatek diesel engines ($150,000 each). Custom features:  ostrich & mustard leather seats, granite countertops, a hand-pounded sunken brass sink, mahogany liquor cabinets, Burma teak flooring inlaid with black walnut. Value: $3,000,000.
Sea Stag II
38’ mahogany craft. Previously owned by Fess Parker & James Dean.
Commissioned
37’ mahogany craft.
Future commission
60’ mahogany craft.


See also:

Wednesday, September 28, 2011

Casino Syndicator Mike Malik owns boat slips adjacent to Detroit's Bayview Yacht Club

Renegade Charters, LLC, an affiliate of Detroit casino syndicator Michael J. Malik, Sr., has held title to two boat slips adjacent to the Bayview Yacht Club in Detroit. They are located at:
  • 198 Clairpointe Street, #4, Detroit, MI 48215 (Parcel ID 21045689.004)
  • 196 Clairpointe Street, #5, Detroit, MI 48215 (Parcel ID 21045689.005)
Malik purchased these properties from the Richard P. Kughn Trust. Kughn was former Vice Chairman of Taubman Co.

According to the Wayne County Register of Deeds,the mortgage on these properties is held by Comerica Bank.


Click on map to locate
Bayview Yacht Club and Renegade's Slips


View Larger Map

See also:

Tuesday, September 27, 2011

Ilitch Casino Partner's $3 Million Temptation



4.04.2010
...Among those Mays Crafts is the Temptation, an exquisite 47-footer built for Mike Malik of Detroit two years ago. The boat is powered by two Seatek diesel engines. The boat cruises at 54 miles per hour, and that's before the muscle flexing even begins.

Seats are trimmed in ostrich leather. The flooring is Burma teak. The countertops are granite. There's a bed and a dishwasher and a flat screen television and that is only a brief inventory of its incredible garnishments... (Read Full Story)


After the weekend we went to Mayea and talked to Larry Mayea.

This boat is Temptation $3,000,000+ build.

The engines are One of a kind 850 hp specially made for this boat SeaTek engines from Italy. At $150,000 each, There are only three of them: two in the boat and one extra ($150,000 worth of just in case) .
Discussion Thread

Larry [Mayea] and Bob when to Italy and picked out the ostrich leather and matching marble for this boat all the hardware is custom as well as the boat design itself.

When I was there it hadn't been delivered to the customer yet it was on stands ready to go, they were going to bring it back to Italy for the first showing.
Discussion Thread

Turns out the owner is good friends with the owner of Anchor Bay Marina (Doug) who was having the party. What an unbelievable work of art this vessel is!!!! Absolutely beautiful and very very custom in every way!!! I was thrilled to have been able to board her. To top things off I later heard last week that “Temptation” was asked for a photo shoot for a major boating magazine. “Cover Story” here on Lake St. Clair. The owner was out of town and asked Doug if he would do the honors. Soooooo……..off he goes out in the lake along with a helicopter and another Mayea Boat [tracking].
Discussion Thread

Ilitch Partner Spends Millions buying his way into Exclusive Club: Mays Craft Boat Owners





By R. J. King
...In recent years, Larry Mayea, his brother, Don Mayea, 52, and their father have built or refurbished mahogany touring and speedboats for Detroit developer and entrepreneur Mike Malik, Jim Walgreen (from the Walgreens drugstore chain), Dean Griffith of Griffith Laboratories, and many others. The company has more than 300 clients, many of whom are return customers. “We customize a lot of fiberglass boats because the owners want something different from everyone else,” Larry says.

Malik has proved to be a loyal customer. The casino investor commissioned the Lil’ Rascal, a 25-foot mahogany speedboat powered by a 377-horsepower MerCruiser engine, the 25-foot Obsession, and the 47-foot Temptation. The latter craft — believed to be the longest mahogany boat powered by diesel engines — is outfitted with numerous custom features, including ostrich and mustard leather seats, granite countertops, a hand-pounded sunken brass sink, mahogany liquor cabinets, and Burma teak flooring inlaid with black walnut. There’s also a power hatch that folds out into a table, mahogany drawers that can chill wine and food, a nuclear submarine-like shifter, and a stainless-steel figurine of a prone lady that pops up into a cleat (the ultimate front deck ornament).

“Mayea has always been considered one of the premier boat builders in the world, and it’s tough to get a boat from them because so much of their work is tied to restorations,” says Malik says. “The other nice thing is that the Mayea boats appreciate in value, and only a very exclusive club of people own one.” He recently commissioned a 37-foot mahogany craft and has plans to order a 60-foot boat in the future. He also owns the Sea Stag, a 38-foot mahogany craft whose previous owners included actors Fess Parker and James Dean... Read Complete Story


See also:

Monday, October 08, 2007

The "Gabby:" a Malik family Sea Ray built sport yacht?

The "Gabby," a 44/45' recreational boat (likely a "sport yacht"), manufactured in 2002 by Sea Ray Boats, Inc. is apparently registered to Michele M. Malik at a Wayne County, Michigan address. Ms. Malik is the most recent ex-wife of Michael J. Malik, Sr.

It's unclear what if any interest Michael Malik may have had or has in the vessel. However, Michael Malik has a history of interest in boating, boats and marine related development projects (Harsens Island, Algonac Harbor Club, etc.). A Mike Malik also requested four permits from the Detroit office of the Army Corps of Engineers between 2001 & 2004 to construct a pier, dock and steel bulkhead+.

A million dollar estate property with lake views in Grosse Pointe Shores, Michigan apparently owned by Ms. Michele Malik is in foreclosure. The property is two doors down from another million dollar lake view estate property still apprently co-owned by Michael and Michele Malik.

In 2001 Michael Malik formed Renegade Charters LLC, a fishing charter operation based out of Manistee, Michigan. That venture's 35' vessel is skippered by Bob Guenthardt, former chairman of the Little River Band of Ottawa Indians. Guenthardt was chairman of the tribe when Michael Malik partnered with the tribe to establish the Little River Casino in Manistee; and Guenthardt has subsequently partnered with Michael Malik on other gambling ventures.

Mike Malik recieved Army Corps permits to build pier, reconstruct dock

Mike Malik requested four permits between 2001 & 2004 from the Detroit offfice of the U.S. Army Corps to construct a pier, dock, bulkhead-+ for boats or personal watercraft. Further research might reveal the exact locations of, or details regarding, these projects which appear to be personal rather than commercial.

Permit #

Date

Purpose

04-012-058-0
Mike Malik
(GP – Issued)

03 NOV 2004

install a T-shaped pier with pilings

04-012-058-0
Mike Malik
(IP - WDR)

02 NOV 2004


86-012-143-1
Mike Malik
(GP - Issued)

27 OCT 2003

replace a dock and install a boat hoist

01-010-042-0
Mike Malik

12 OCT 2001

install a steel bulkhead


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certainly must reads!

Ilitch has backed loosing sports teams and pizza, but casinos in Detroit? Forbes.com 10.09.06 ● Marian Ilitch #1 on "25 Most Powerful People" to Watch 2006” global gaming business o1.oo.o5 ● My Kingdom for a Casino Forbes 05.08.06 ● Big Lagoon’s casino dream awakens north coast journal 07.28.05 ● Shinnecocks launch legal claim to Hamptons land newsday.com 06.16.05 ● Ilitch Plans to Expand Casino Empire RGTonline.com 07.05.05 ● Ilitch outbids partners MichiganDaily.com 04.14.05 ● Ilitch enmeshed in NY casino dispute detnews.com 03.20.05 ● Marian Ilitch, high roller freep.com 03.20.05 ● MGM Mirage to Decide on Offer for Casino in Detroit rgtonline.com 04.16.05 ● Secret deal for MotorCity alleged freep.com 02.15.05 ● Los Coyotes get new developer desertdispatch.com 02.08.05 Detroit casino figure to finance Barstow project LasVegasSun.com 07.07.03 ● Indian Band trying to put casino in Barstow signonSanDiego.com 06.04.03 Pizza matriarch takes on casino roles detnews.com 10.23.02 ● Vanderbilt gets short straw in negotiations for a casino Lansing Journal 10.06.02 ● Indians aim to drive family from tribe in vicious dispute san diego union tribune 04.09.00 ●Malik owns 2000 Michigan Quarter Horse of the Year Michigan.gov 01.01.00 ● Detroit Team to run Michigan’s newest Indian casino detnews.com 05.23.99 Tiger ties tangle Marian Ilitch detnews.com 04.29.99 ● Three investors must sell their Detroit casino interests gamblingmagazine.com 04.25.99 ● Partners’ cash revived election; They say money was crucial to Prop-E detnews.com 04.25.99 Investors have troubled histories las vegas review journal 04.27.99 ● Investor served probation for domestic assault on 12 year old boy detnews.com 04.25.99 Can a pair win a jackpot?: local men hope to... crainsdetroit.com 03.17.97

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