Even before stepping into the corner office at City Hall, Mayor-elect Frank Picozzi listed the sale of vacant city properties, mostly schools, as a means of lessening the burden on the city and, more …
Fox Island PHOTO: RIGIS
Sometime around 1659, it is reported that Pequots sold the small island Nonequasset off Bissell Cove in North Kingstown to Samuel Gorton and Randall Holden. Gorton is known as the founder of Warwick.
Presently the entire Island is owned by a Rhode Island corporation controlled by venture capitalist David Mixer.
The island is actually part of North Kingstown. According to town tax records, Mixer s company purchased the island in 2000 for just $725,000 today the entire island, the main house, and a series of other structures are appraised for just over $1.7 million
Mixer made tens of millions as a founding partner at Columbia Capital in the 1990s a venture capital firm focused on the communications industry which now claims to have raised $4.8 billion. At Columbia, he was a partner in the firm with now-U.S. Senator Mark Warner. Previous to his tenure at Columbia, he worked for the Providence-Journal Corporation. Efforts to reach Mixer were unsuccessful