Edgartown's Harbor View Hotel Begins Marketing Condominiums

Last week the Harbor View Hotel in Edgartown held an open house in one of their model condominium units. The 862 sq.ft. unit has an initial price of $1,310,000. It includes one bedroom, one bathroom, a kitchenette, living room, outdoor shower, two porches, and comes fully furnished. Monthly fees are set at $4.50 per sq.ft. which includes a concierge service and other amenities. There will be rental opportunities. At present units are priced between $800,000 and $2,000,000. This is Phase I of a plan to eventually convert all but 8 rooms into condominiums. It is anticipated that hotel condominium documents, purchase and sale agreements, and amenity plans will be available for review by reservation holders in the first quarter of '08.