The Martha’s Vineyard Land Bank reported revenues of $323,801 for the business week ending on Friday, Oct. 30, 2026. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.
Much of the land bank revenue last week came from the town of Edgartown, where four transactions resulted in $251,101. Three transactions in Tisbury earned $37,100, one transaction in Oak Bluffs resulted in $11,000, and one transaction in West Tisbury earned $24,600. No eligible transactions were recorded in Aquinnah and Chilmark.
The land bank uses its revenues to purchase and manage land for purposes of conservation, preservation and passive recreation.
This article appears in November 6 2026.