
A partnership led by a South Boston bar owner and condominium developer will pay $5.15 million for 51 acres in Oak Bluffs once planned as a luxury home development. Paul Adamson, a real estate developer who also owns Shenannigans, a South Boston pub, was the high bidder at a foreclosure auction June 26, held on the property off County Road formerly owned by Corey Kupersmith.
A partnership led by a South Boston businessman will pay $5.15 million for 51 acres in Oak Bluffs once planned as a luxury home development. Paul Adamson, a real estate developer, was high bidder at a foreclosure auction Friday.
An animation released this week by the Martha’s Vineyard Commission shows development over time since 1660. Revised commission calculations predict that the Island won’t reach buildout until the year 2089.