Nantucket Home Sales Down 42%, Attorney general's loophole weakens chain-store ban


    The scallop season is open, but these two are still fishing

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Nantucket NEWS, November 3, 2006

Governor's race tops Tuesday's election
Nantucket voters will cast ballots in local, regional and state- wide races Tuesday during the Massachusetts general election. . .More

Motions filed in Toolan case
Defense motions in the murder case against Thomas Toolan were released by Nantucket Superior Court this week, revealing attorney Kevin Reddington’s desire to move the trial off Nantucket and suppress key evidence obtained in the investigation. . .More

First day of scalloping better than expected
Commercial scallopers opened the season Wednesday under overcast skies, but with nearly perfect fishing conditions, as more than 50 boats took to Nantucket and Madaket harbors at the start of the annual harvest. . . More

Attorney general's loophole weakens chain-store ban

Although the Massachusetts attorney general’s office late last week approved the so-called chain store ban passed at Town Meeting in April, language included in a revised version of the bylaw sent to Town clerk Catherine Flanagan Stover includes a loophole that could allow chain stores to open in the downtown historic district. . .More

Rotary completion delayed

Weather delays have caused the completion of the Hooper Farm Road roundabout to be pushed by at least a week. . .More

Real estate sales drop sharply
No matter how you slice it, people are not buying Nantucket real estate with the same fervor they have over the past few years. Sales are down across the board, from multi-million-dollar waterfront vacation homes to more “modestly” priced year-round homes in the mid-island area priced between $500,000 and $1 million. The number of sales dropped 42 percent in the third quarter – from 173-102 – compared to the same three-month period last year, and third-quarter dollar volume was down 33 percent, from $330.4 million last year to $220.21 million this year.

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