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 signed an agreement to buy and conserve seven acres of farmland as part of a larger, proposed 35-acre subdivision in West Tisbury that would include affordable and market-rate housing developments.
Open fields at Bliss Pond Farm in Chilmark will be permanently protected following a conservation purchase by the Martha’s Vineyard Land Bank this week. The land bank announced Wednesday that it had paid $1.46 million for the restriction on the 34-acre field.
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.
The Martha’s Vineyard Land Bank announced on Tuesday that it had significantly expanded its landholdings adjacent to Lambert’s Cove Beach for $8.4 million.
As a booming Island real estate market roars along in a year of no normals, the Martha’s Vineyard Land Bank is on track to post record revenues for 2020.