The Martha’s Vineyard Land Bank has purchased a small, one-acre parcel along the Tiasquam River in West Tisbury subject to a life estate, and will eventually open the property to the public.
Martha's Vineyard Land Bank
2008
October 2, 2008
The Martha’s Vineyard Land Bank Commission held an open session on Monday seeking public comment on its properties and management plans. The meeting was held at the Vineyard Transit Authority second floor office at the airport business park.
One person attended: Bill Straw of Vineyard Haven, who suggested the land bank move up on its priority list the acquisition of properties that help in the movement of people along the side of roads, for example bicycle paths.
January 3, 2008
In a clear sign of a cooling real estate market here, revenues at the Martha’s Vineyard Land Bank fell in 2007 for the second straight calendar year. The total number of real estate transactions also was down last year, for the third year in a row.
The land bank collected $10.9 million in revenues in 2007, compared with $11.6 million in 2006, a drop of seven per cent.
And the land bank recorded 1,403 real estate transactions in 2007, a drop of five per cent from the previous year, when 1,474 transactions were recorded.
2007
December 13, 2007
The Martha’s Vineyard Land Bank has added another 400 feet to its growing stretch of Atlantic Ocean beach off Moshup Trail in Aquinnah.
The land bank announced this week that it has bought a 4.1-acre lot on the ocean side of Moshup Trail from Sandra and Tatnall Hillman. The purchase price was $400,000. The property abuts the land bank’s Moshup Beach, which now will include some 2,000 feet of shorefront. With the acquisition, the land bank beach will now end a few feet from Philbin Beach, a town resident beach.
2006
December 21, 2006
Land Bank Acquires Aquinnah Oceanfront, Scenic Chilmark Field
By IAN FEIN
The Martha's Vineyard Land Bank this week added another 400
feet of Aquinnah white sand beach to its oceanfront holdings, and also
acquired a scenic field on South Road in Chilmark. Both up-Island
properties are roughly eight acres. The purchase prices were $2.25
million and $875,000, respectively.
2005
July 7, 2005
Pond Stays Closed for Further Study
State Environmental Affairs Secretary Rejects Land Bank Management
Plan at Lambert's Cove Road Kettle Pond
BOSTON - Citing concerns about potential impacts to water
quality and protected species, the Massachusetts Secretary of
Environmental Affairs last month denied the Martha's Vineyard Land
Bank management plan for its proposed Ice House Pond Preserve.
March 24, 2005
The Martha's Vineyard Land Bank will seal its largest-ever deal today, handing over $18.6 million to Connecticut developer Corey Kupersmith and officially taking ownership of 190 acres of the southern woodlands in Oak Bluffs.
