Real estate sales hit another high

Last year, the Nantucket real estate market reached uncharted territory – over $1 billion in total sales – and the question on many minds was whether the boom could possibly continue. Apparently it has. Bolstered by the $75 million sale of more than 100 downtown storefronts, offices and apartments to Nantucket Island Resorts’ Steve Karp, [...]

New arms bill could block plans for Cape wind farm

The proposed Cape Cod wind farm may face another hurdle because of a defense bill passed by the Senate yesterday that calls for government to study whether the windmills interfere with military radar. The proposed 130-turbine park, to be built in Nantucket Sound, is near a missile defense surveillance system.