Business
The Ritz Cafe, a well-known family-owned tavern on Circuit avenue in Oak Bluffs, is under agreement to be sold.
The buyer is John Reveruzzi, a Connecticut businessman with ties to the Vineyard. Mr. Reveruzzi is a part owner of David Ryan’s restaurant in Edgartown and the Sugar Shack, a Caribbean pub and eatery on the Oak Bluffs harbor.
The Ritz has been on the market since November, said Janet King who, along with her siblings, has managed the bar for the past 28 years.
Chief Credit Officer
Edgartown National Bank has appointed Richard Labrecque as chief credit officer at the bank.
Mr. Labrecque brings with him nearly 25 years of experience as a commercial loan and credit officer, most recently at Mayflower Bank in Plymouth.
He holds an master’s of business adminstration in finance. Among his civic activities, he serves on the South Eastern Massachusetts Small Business Loan Review Board.
Comcast announced this week that it will relocate its Island customer service center from Vineyard Haven to a larger, more centrally located office at the airport business park on Dec. 17.
The new facility at 19 East Line Road will offer customers additional parking and a larger and more comfortable lobby area than Comcast’s current location on State Road in Vineyard Haven. The center will feature the full range of Comcast’s products and also will serve as home base for the company’s on-Island technical staff.
Last Saturday was Holiday Party Day on the Vineyard — with art openings and dances scheduled from one end of the Island to the other.
And Maggie’s Salon on Beach Road in Vineyard Haven was a busy place.
The three stylists behind the chairs flitted and chatted their way between cuts, blow-dries and colorings. Each worked with two customers at once, except for Richard Cascarino, who groomed a family of three.
Bank of Martha’s Vineyard, a division of Sovereign Bank, is pleased to announce the promotions of Kim Klaren to Chilmark community banking manager and Jim Irwin to Edgartown Four Corners community banking manager.
Outerland, the Island’s main music venue, will close Jan. 1 and not reopen again until spring.
Outerland owner Barry Rosenthal came before the Edgartown selectmen on Monday to request a change in his liquor license from year-round to seasonal, one month after he had been granted permission to shift from seasonal to year-round. He said his reasons are strictly financial. “It has been bleeding money since September,” Mr. Rosenthal said.