The Martha’s Vineyard Land Bank has purchased 32 acres at Red Gate Farm in Aquinnah from the family of Caroline Kennedy and Edwin Schlossberg for $10 million, adding significantly to a joint purchase last year of 304 ecologically rare acres.
The Martha’s Vineyard Land Bank has purchased 32 acres at Red Gate Farm in Aquinnah from the family of Caroline Kennedy and Edwin Schlossberg for $10 million, adding significantly to a joint purchase last year of 304 ecologically rare acres.
To support conservation and inspire others to do the same, the Wyss Foundation has pledged $1 million in matching funds to create the Squibnocket Pond Reservation, a rare 304-acre preserve that is now part of the Kennedy family’s Red Gate Farm.
The two conservation organizations announced Thursday that they will buy 304 acres of undeveloped land at the rare oceanfront estate in Aquinnah owned by the family of Caroline B. Kennedy.
After a great deal of thought, our family has decided to sell Red Gate Farm. This may come as a surprise to members of the Island community, so we wanted to share our reasoning.
The historic, ecologically rare oceanfront estate in Aquinnah owned by the family of Caroline B. Kennedy is for sale; the asking price is $65 million.
The gift of 17 small parcels valued at $3.7 million represents an important conservation gain in the rare heathlands of Aquinnah, conservation leaders said.
