Real Estate

 

 

 
The town of Oak Bluffs has ordered an East Chop summer resident to remove a series of illegal additions from a large home building project on Dempster Park that has angered neighbors and sparked a protracted legal process. At a meeting last week the Oak Bluffs zoning board of appeals voted to uphold building inspector James Dunn's enforcement order to Dr. Leslie Hayling, a New Jersey dentist and longtime summer resident who has been rebuilding a home and garage apartment on Dempster Park for the past 10 years.
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The fiscal uncertainty playing out in Congress last month played out closer to home on Martha’s Vineyard with a flurry of year-end real estate sales and estate transfers. Spurred by potential changes to capital gains and estate taxes, dozens of Island properties were gifted within family estates and an array of homes were sold on the open market.

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The Martha’s Vineyard Land Bank reported revenues of $1,009,098.24 for the business week ending on Friday, Dec. 21, 2012. The land bank receives its funds from a two per cent fee charged on many Vineyard real estate transactions.

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The Martha’s Vineyard Land Bank reported revenues of $182,333 for the business week ending on Friday, Dec. 14, 2012.

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