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Top related persons:
Steven Cohen - 2 Cohen - 2 Barry - 1 Sternlicht - 1 Forbes - 1 Shelly Lockwood - 1 tony - 1 Eric Schmidt - 1
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Nantucket Massachusetts Cape Cod Housing Nantucket Miacomet
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Service - 2 Business - 2 Blackstone - 2 Billionaire - 1 Sternlicht - 1 Nantucket Current - 1 Celtics - 1 Boston Globe - 1

Search resuls for: "Housing Nantucket"


2 mentions found


☆ Billionaire's million-dollar Nantucket beach house has officially been swept away
  + stars: | 2024-04-25 | by ( Madeline Berg | Dan Latu | ) www.businessinsider.com   time to read: +6 min
This story is available exclusively to Business Insider subscribers. AdvertisementA representative for Sternlicht told Business Insider the house was to be demolished but did not provide further comment. The tony island of Nantucket is a favorite among billionaires like former Google CEO Eric Schmidt and Blackstone leader Steve Schwarzman. "Erosion takes out houses, roads, infrastructure, sewer beds, even airport runways," he told Business Insider. Despite the island's propensity for natural destruction, the town has strict rules regarding what structures owners can take down.
Persons: Barry, Sternlicht, Forbes, Shelly Lockwood, tony, Eric Schmidt, Steve Schwarzman, James Pallota, Pallota, Lockwood, Brendan Maddigan, Steven Cohen, Cohen Organizations: Service, Billionaire, Business, Sternlicht, Nantucket Current, Blackstone, Celtics, Boston Globe Locations: Nantucket
☆ The exclusive island where people keep giving away homes for free — even though the typical house costs $3.6 million
  + stars: | 2024-04-06 | by ( Dan Latu | ) www.businessinsider.com   time to read: +7 min
But in stark contrast to the eight-figure homes is another common Nantucket practice: giving away homes for free. It is much cheaper, however, to move a "free" house onto a property than to construct an entirely new dwelling. Some of the 'free' homes do good for the communitySome of Nantucket's year-round workforce lives in repurposed "free" homes. Maremagnum/Getty ImagesBuyers of the "free" homes fall into three main categories, Cohen told Business Insider. Since 1994, Housing Nantucket has repurposed 39 "free" homes into income-capped rentals on the island.
Persons: —, Stephen Schwarzman, Dave Portnoy, Anne Kuszpa, It's, Steven Cohen, Cohen, they're, there's, Kuszpa Organizations: Service, Blackstone, Barstool, Wall Street Journal, Housing, Business Locations: Nantucket, Massachusetts, Cape Cod, Housing Nantucket, Miacomet
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