Real Estate
The 1,000-foot crescent of sand that lies south of the Lagoon Pond Bridge came as an early Christmas present for the Martha's Vineyard Land Bank, where outright gifts of land are rare.
Robert Sloane and Mary E. Larsen purchased 25 Basin Road in Chilmark for $975,000 on Nov. 19.
Owners Robert and Barbara Maciel sold the boatyard and the business to George J. Rogers and Sheryl L. Roth Rogers, who are the owners of Edgartown Marine. The deal was closed Wednesday evening.
Situated on its familiar corner of the Lagoon Pond in Vineyard Haven, Maciel Marine holds a respected place in the long history of boatbuilding on the Vineyard.
The Martha’s Vineyard Land Bank reported revenues of $362,642 for the business week ending on Friday, Nov. 1, 2013. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.
After about seven months of work and one highly visible house move that attracted national attention, construction work on the Schifter property on Chappaquiddick is coming to a close. A barge is expected to come into the Edgartown harbor this week to remove equipment and Richard Schifter said his family expects to spend Thanksgiving back in their relocated home.
About a year ago the Edgartown conservation commission approved emergency measures to stem erosion at the Schifter’s Wasque property.