From the grande dame Harbor View Hotel Edgartown to the pastoral Lambert’s Cove Inn in West Tisbury, more than half a dozen hotels changed ownership on Martha’s Vineyard last year.
The Mansion House, Vineyard Haven, has been sold to George H. Heeley of Providence, R. I., through the real estate office of Henry V. Sanders of New Bedford.
Makoniky Inn, is the name of the new hotel to be erected on that portion of the Island locally known as Makoniky heights. The architects of this structure are Messrs. McKenzie & Smith of 50 Bromfield street, Boston.
The dimensions of the whole building is 96 1-2 feet in length, 63 feet wide at the dining room end and 37 feet at the side where the reception rooms are located. A piazza 10 feet in width extends nearly around the building.
Vale of Disappointments - so might be called the beautiful spot which is known by the name of Makoniky today, for nowhere on the Vineyard is any place where such a number of enterprises have been established only to fail.
The historic Edgartown hotel has been sold to Upland Capital Corporation, a Boston-based asset management and real estate investment firm founded by seasonal resident Bernard Chiu.