Noah Asimow
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.

2001

Martha's Vineyard Land Bank revenues will fall slightly below the $8.5 million record set in the last fiscal year. With the close of the fiscal year but two weeks away, land bank executive director James Lengyel projects ending the year with $7.6 million.

Given the recent downturn in the economy, Mr. Lengyel and the land bank commission expected this drop. In fact, the commission predicted a 15 per cent decrease for this year and the next two years. The decline for the present fiscal year represents only an 8.4 per cent decrease.

2000

The Martha’s Vineyard Land Bank announced this week that it will preserve 43 acres of active agriculture at Thimble Farm, the familiar Vineyard farm whose pick-your-own berries and luscious hydroponic tomatoes are now considered staples of Island life. Owned by Bencion and Patricia Moskow since 1982, the farm spans the three towns of Tisbury, Oak Bluffs and West Tisbury.

“This particular farm has an appeal because it is so well known to Islanders — who hasn’t picked strawberries and raspberries at Thimble Farm?” said land bank executive director James Lengyel this week.

Million-dollar sales, mostly in Edgartown and Chilmark, are dominating the Island’s real estate market, as figures from the Martha’s Vineyard Land Bank make abundantly clear.

Hard numbers illustrating the trend underscore urgent concerns about the lack of affordable housing, the subject of a standing-room-only forum last weekend.

A rising tide lifts all boats, and the evolution of million-dollar price tags from shocking rarities to barely remarked commonplaces has ratcheted up the cost of even the most basic shelter.

1997

Leaders for the the new Conservation Partnership of Martha's Vineyard and the Martha's Vineyard Land Bank have pledged full cooperation with one another, announcing among other things that they will begin to hold regular meetings to exchange information pertinent to the conservation movement.

"The land bank is committed to meet with the partnership monthly, to talk about specific properties and also priorities," said land bank executive director James Lengyel.

1986

Starting Monday morning, buyers of Martha’s Vineyard real estate will pay two per cent of the purchase price to the Martha’s Vineyard land bank. Tisbury voters yesterday followed the other five Island towns by endorsing the measure designed to raise money for preserva­tion of natural and recreational resources.
 
The Dukes County commissioners this morning were to appoint one person from each Island town to the land bank commission. The state secretary of environmental affairs will appoint a seventh member.
 

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