There Once was a House in Nantucket
One-third of the houses in Nantucket are $1-million-plus, and these days, when you have a local economy that is based on the until-recently rich, you know they'll take you down with them. Good news (?) then that allegedly (?) the upswing is back on: "Wall Street vacationers are spending money freely once again, especially since July 4th weekend, when the super rich seemed to have finally returned, wallets open." Fortune's example of that? "That week, ex-Goldman Sachs honcho Jon Winkelried finally signed a contract to sell his property for just below the new asking price of $29 million — an island record and a figure that has some island residents shaking their heads in wonder: What year is it, again? Of course, when Winkelried put the waterfront property up for $55 million in 2008, that was an asking price no one took seriously then, either." We call that "bargain-hunting" but considering he bought it for like $7 million in 1999, you can call it some kind of return to the glory days of bloat, sure! Still, Fortune's conclusion that "optimism is rising" is pretty hilarious.
Wake me when it goes back to being a whaling hub.
That might be sooner than you think, once the socialist cape wind project makes the island all but uninhabitable. Looks like Winkelried got out just in time.
I love Nantucket. The tiny airport is the cutest thing- unfortunately Tim Daly is sold separately.
But they WILL throw in Steven Weber for free.
Oh, I'd GLADLY settle for Steven Weber- but not Roy who looked like Oliver Hardy. EWWW
If any of you bazillionaires finds the kite I lost in Sconset in 1978 please return it via this newspaper. It had a picture of an eagle on it and was last seen heading away from the water tower. I have not been happy or back since.
The best thing Nantucket can do at this point is try to attract the gays. Provincetown is still booming!