The Martha’s Vineyard Land Bank will significantly expand its hilltop Middle Ridge Preserve in Chilmark with the purchase of 19.8 acres off Tea Lane.
A revised plan for Manaquayak Preserve in West Tisbury highlights the sometimes tricky role of the land bank in managing ecologically sensitive properties.
Buoyed by a rising real estate market, the Martha’s Vineyard Land Bank is on track to end the year on a high note for revenues.
The Martha’s Vineyard Land Bank will expand its Fulling Mill Brook Preserve in Chilmark with the purchase this week of 17 acres on Middle Road. The land bank paid $1,775,000 to siblings Emily and Oliver Rothschild for the property.
The Martha’s Vineyard Land Bank reported revenues of $212,402 for the business week ending on Friday, Oct. 16, 2015.
