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condo hotel: Historic Point Breeze Hotel to be converted into luxury condos - condo-hotel anyone? - 05/31/07 01:28 PM
By Brian-Logan Reid, Broker
The renovation of the historic Point Breeze Hotel will not be returned to a hotel as previously thought, but will essentially be converted into a condo-hotel.  There will be 32 private one to two bedroom suites as well as six on-site cottages that will sell for $1 to $3 million.  According to a press release, Palm Beach developer Robert "Bob" Matthews notes the need for such a place on Nantucket.  "On an island where private clubs enjoy considerable cachet and the demand for private homes far exceeds supply, Point Breeze is destined to become Nantucket's most celebrated address...For a … (0 comments)

 

Brian-Logan Reid, Former Associate Broker, Realtor

Nantucket, MA

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