Business Community

Boston Conservation Commission to Hear Boston Boat Basin LLC, Yacht Haven, Request for New & Replacement Pilings and Floats

PUBLIC HEARING In accordance with the Massachusetts Wetlands Protection Act, M.G.L. Chapter 131, Section 40, the Boston Conservation Commission will hold a public hearing in Boston City Hall, Room 801 on February 1, 2012 to review the following projects to determine what conditions, if any, the Commission will impose in order to protect the interests Read More…

Community Real Estate Transportation

Boston Boat Basin LLC, Yacht Haven, Hearing on Replacement and New Floats/Pilings at Commercial Wharf Set For January 4, 2012

PUBLIC HEARING In accordance with the Massachusetts Wetlands Protection Act, M.G.L. Chapter 131, Section 40, the Boston Conservation Commission will hold a public hearing in Boston City Hall, Room 801 on January 4, 2012 to review the following projects to determine what conditions, if any, the Commission will impose in order to protect the interests Read More…

Police & Fire Real Estate

Commercial Wharf / Yacht Haven – Document Review of Chapter 91 Request for Determination

Residents and businesses at or near Commercial Wharf will be interested in these recent public filings at the Department of Environmental Protection (DEP). The primary stakeholders are Boston Boat Basin, LLC, owners of Yacht Haven marina, and CWECA, the condominium association at Commercial Wharf. In addition, there is an ongoing dispute regarding Harborwalk access and Read More…

Photos & Videos Sports

Eos, Largest Private Sailing Yacht in the World, Visits North End Waterfront

A big, really big, sailing boat docked this week at Yacht Haven, Commercial Wharf. The three masted rigged schooner, named Eos, is 305 feet long and the largest private sailing yacht in the world. Its ownership is private, but was once owned by Barry Diller, creator of Fox and USA Broadcasting and currently CEO of Read More…

Photos & Videos Real Estate

Island Global Yachting Takes Over Management of Boston Yacht Haven

Located on the harbor at the edge of Commercial Wharf, the storied Boston Yacht Haven is starting a new chapter through the hiring of Island Global Yachting (IGY) to manage the marina and hotel operations at the property. IGY manages 14 other marinas around the world, mostly on the East Coast and around the Caribbean. Read More…

Real Estate

Yacht Haven Conspiracy Theories Abound

The condo association at Commercial Wharf remains skeptical of the $9.9 million price being paid for the adjacent Yacht Haven, claiming in a court filing that there must be “secret” plans to redevelop the site. Northern Bank had a $10.1 million mortgage and ended up with the 4.5 acre property after the Yovette Mumford filed Read More…

Real Estate

Yacht Haven Gets a Premium Bid for $9.9 Million

Banker & Tradesman is reporting that Yacht Haven, the marina property near Commercial Wharf, has attracted a premium price and is under agreement for $9.9 million. The buyer is Charles Lagasse, a Newburyport developer, through a company called Boston Boat Basin, LLC which is also associated with Steve Karp’s New England Development. The price has Read More…

Real Estate

Yacht Haven Goes For $8 Million at Auction

Today’s auction for Yacht Haven, the bankrupt property off Commercial Wharf, brought an $8 million top bid from an unknown buyer. The identity is likely to be disclosed next week when papers are filed. The amount is less than the $10.1 million mortgage held by the bank, but probably more than the expectation from the Read More…

Real Estate

Yacht Haven Auction Set For August 14

Boston Yacht Haven, the marina property on Commercial Wharf, is set to go to auction on August 14th. The last auction date in April was postponed because of an ongoing dispute between the owner, lenders and abutters. Through the subsequent bankruptcy filing , owner Yovette Mumford lost control to Northern Bank & Trust that owns Read More…