The former Clark House, a longtime inn on the Edgartown-Vineyard Haven Road, is about to undergo renovations to become a year-round apartment building for Martha’s Vineyard residents.
The former Clark House, a longtime inn on the Edgartown-Vineyard Haven Road, is about to undergo renovations to become a year-round apartment building for Martha’s Vineyard residents.
“This lovely 1908 house, which is still in great shape, is going to be converted from eight bedrooms into seven apartments,” said Philippe Jordi, executive director of Island Housing Trust, which bought the Clark House from owners Judy and Steve Perlman earlier this year.
There will be two studios, four one-bedroom units and one two-bedroom apartment, he said.
Rents for the apartments, one of which on the third floor has a view of Vineyard Haven Harbor, will be affordable for Islanders earning 80 to 100 per cent of the median income for Dukes County, Mr. Jordi said during a gathering at the property Friday afternoon.
Judy Perlman, Jeff Kristal, Philippe Jordi, Steve Perlman, Derrill Bazzy.
Judy Perlman, Jeff Kristal, Philippe Jordi, Steve Perlman, Derrill Bazzy.
“It’s similar to what we typically do, with some higher income rentals as well, because there’s a need,” he said.
According to the Dukes County Regional Housing Authority, the county median income is $64,890 for a single person and $74,160 for a household of two.
This is the second time in as many years that the Perlmans have sold an inn to the housing trust, which in 2018 purchased from them the former Hanover House, next door to the Clark House.
In both cases, Mr. Jordi said, the couple charged a below-market price for their properties in order to support the trust’s affordable housing mission.
While the Hanover House — 12 bedrooms with en suite baths, a common living area and kitchen and a separate building with three apartments — is entirely rented by the Martha’s Vineyard Hospital for its year-round staff, the Clark House apartments will be managed by the regional housing authority, Mr. Jordi said.
Work on the building is set to begin in November with occupancy expected by next summer, Mr. Jordi said.
When renovations are complete and the apartment building is ready for tenants, a new sign honoring the Perlmans will go up over the front door. In the same style of lettering that spelled out Clark House for so many years, this one will read Perlman House.
Comments
What a marvelous gesture frim
Ann Vincola Votta Sarasota, FLWhat a marvelous gesture frim a truly wonderful couple. Kudos to you, Steve and Judy. I remember the Clark House well Steve when you first purchased it from Doris--the pink house, which we attempted to change its decor a bit. There should be more of this type of genuine offerings to provide much needed housing for hardworking Vineyarders. I hope you get to see this comment, Steve. All of my very best to you and Judy. Ann Vincola Votta
Is the former Clark House
Watching VHIs the former Clark House going to be taxed the same as others who have a water view? I don't think so. Did IHT get CPC money to renovate??? Guess VH Has just taken again where our money funds renovation & taxes are reduced on water view property ... Now it begs to be asked ... Does IHT get even more tax breaks from the state and federal gov.?
Now who is paying for our town's infrastructure and maintenance? But isn't that nice ... all the town's facilities, roads, police, DPW, teachers, are primarily being paid through realestate tax ! ! Thanks IHT for not holding up your end.
And where would you like
T Bone Oak BluffsAnd where would you like "police, DPW, teachers" to live -- on the Cape? Affordable housing is a pressing need. Whining isn't.
IHT pays property tax to the
Informed Citizen VineyardIHT pays property tax to the Town of Tisbury on the Clark/Perlman house.
Also, when IHT builds new ownership homes that did not previously exist those new property owners also pay property tax to the town in which their home exists. This actually generates more/new tax income for the town.
I wish I only had to pay 80%
Clear view VhI wish I only had to pay 80% in rent on my two (2) bedroom. And possibly with a water view. Oh man I'd be in heaven.
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