Man's $899K bet on Nantucket cliff cottage: Still standing 5 years later
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
Massachusetts car dealer Charles Fotopoulos bought a 1951 Nantucket cottage for $899,000 in 2021, knowing coastal erosion posed a serious risk. He said he would be satisfied if the property lasted five years. Five years later, the home remains standing, but only a few feet separa...
Massachusetts car dealer Charles Fotopoulos bought a 1951 Nantucket cottage for $899,000 in 2021, knowing coastal erosion posed a serious risk. He said he would be satisfied if the property lasted five years. Five years later, the home remains standing, but only a few feet separate it from a 40-foot drop to the beach below, as erosion continues.
Original Source
https://timesofindia.indiatimes.com/world/us/massachusetts-car-dealer-bought-a-nantucket-cottage-for-899000-said-if-i-get-five-years-out-of-it-im-good-five-years-later-the-1951-home-sits-just-feet-from-a-40-foot-drop-into-the-atlantic/articleshow/134470677.cms
