A builder paid $1.625 for 16 Hearthstone Drive back in February, 2013, rented it out at $10,000 per month for a year, then renovated it, adding, it appears, an additional 900 sq.feet for a total of 3,324. Sold today for its full asking price of $2.295 million.
Daily Archives: August 10, 2015
!8 Parsonage Road, which started off asking $13,750 million back in 2011 and slowly dropped over the next four years to $10,200,000, reports a contract. From what I can tell from the tax records, the owner paid $4.5 million for its 2 acres back in 2007 (those were the days – for sellers) and borrowed at least $8 million to build it. If his all-in costs are $8,000,000, he’s made out well. If not, then, not.
On Thursday, by a two to one vote, the selectmen nominated Andrew Fox to fill the term left open by last month’s resignation by longtime member Fred Brooks.
Fox, currently an alternate on the commission, will have to be approved by the Representative Town Meeting. He was nominated over the objections of supporters of Nancy Ramer, the commission alternate who has served longer than either of the other alternates, Fox or Nick Macri.
Planning and Zoning member Margarita Alban accused the selectmen of gender bias in choosing Fox over Ramer.
“I can only remind you that the last time a woman was up to move from alternate to regular, a very similar issue came up,” Alban said. “Another person was put forward and there was a great deal of drama. The woman finally became a regular and it was me. That was the last time we had a woman that came up and I’m wondering why it is for so long we only had one woman. Now another woman is about to come up and she gets pushed out of the way.”
There are at least three other explanations for Ramer being dumped that come to mind. One is that Fox is a developer, and might actually know something about the impact of P&Z regulations on home builders and homeowners; that would be a welcome change. This seems odd, however, because Fox’s business partner is Marc Johnson, who sits on the BET and is despised by Tesei.
The second possible reason is that at least some people in town find Nancy Ramer to be an obnoxious load, both in how she conducts her matrimonial law practice and how she goes through life. I have no knowledge of that, but if it’s even partly accurate, it’s understandable that others might not want to work with her. Or, finally,. Tesei might simply be enjoying an opportunity to mess with the P&Z, one of his favorite pastimes when he isn’t fretting about Harbor Master Ian MacMillan.
UPDATE: AJ ponts out that it’s time to bring back “Thanks, Smokey!” and of course, he’s absolutely right.