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Nantucket Homes Are Falling Into the Ocean but the Wealthy Keep Buying

Nantucket Homes Are Falling Into the Ocean but the Wealthy Keep Buying
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Brant pointUnited statesNew yorkBruce percelayJack welchBarry sternlichtF helmut weymarShelly lockwoodEric schmidtD anne athertonGreg mckechnieJoshua posnerBlackstone steve schwarzmanEdward sanfordAtlantic oceanYorker brendan maddigan

Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won t stop buying

Homes on billionaire hot spot Nantucket are falling into the ocean at an alarming rate — but the wealthy won t stop buying
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United statesNew yorkBrant pointEdward sanfordGreg mckechnieF helmut weymarJoshua posnerYorker brendan maddiganJack welchShelly lockwoodBill belichickBruce percelayD anne athertonAtlantic oceanSconset beach preservation fundConservation commission of nantucket

Billionaire s Nantucket Beach House Has Officially Been Swept Away

Billionaire investor Barry Sternlicht's Nantucket beach house has been demolished due to severe erosion.

United statesBrendan maddiganJames pallotaSteve schwarzmanEric schmidtSteven cohenShelly lockwoodBoston globeVanity fairBusiness insiderNantucket currentSheep pond roadHousing nantucketReal estateClimate change

Its beach nearly gone, waterfront home in Nantucket sells for just $600k What does the sale say about the island s future?

On an island where waterfront homes are usually reserved for the wealthy few, word that a lovely seaside retreat was on the market for just $600,000 a price that seemed to be missing a zero raced across Nantucket this winter.

United statesWoods holeNew yorkClark coveLynn tidgwellBrendan maddiganSarah holmesAlicec hallJen karbergBarry sternlichtIsabelle perkinsShelly lockwoodLeah hillShannon larsonNantucket conservation foundationEmergency management agency

Nantucket home sells for 74% discount due to coastal erosion

Once asking $2.3 million, a home on the affluent New England island has sold for a fraction as erosion put it in jeopardy.

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