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CHANGING SPACES
"I think people moving off the wharf need bigger spaces and want a longer season. Being closer to Main Street is seen as progress in their business plan," said Nantucket Island Chamber of Commerce executive director Tracy Bakalar, who stressed that her comments are not leveled at any particular landlord. "I also think a lot of times you see changes when leases come up at the same time, so you see some renegotiations of leases and if the tenant doesn't like the terms of the new lease you see some changes. "
Henry Wyner, the Director of Retail Properties for Nantucket Island Resorts (NIR), which within the last two years has purchased the majority of downtown retail properties, said that, typically, when proprietors move off the wharves or side streets into the core area it reflects their desire for a year-round location with greater space to expand inventory. There is another benefit to such action, he noted. "When some of the older establishments move uptown it allows for more new stores, which is good," Wyner said. What follows is a directory outlining the relocations that have taken place since last summer and the basic reasons behind the moves. While the greatest shifts have been moves for retail stores and art galleries, real estate offices have also undergone changes of address.
+AtlanticEast Real Estate recently moved from 8 Williams Lane between Sparks Avenue and Pleasant Street to 5 North Water St. to double its space, enhance parking and be able to hire additional brokers. The 5 North Water St. address is the long-time home of Denby Real Estate, whose principals decided to change to a limited sales business with primary focus on consulting and appraisals, maintaining a small building on the property while leasing the main building to AtlanticEast. +In the art world, Mary Beth Splaine decided last year not to renew her two-plus-decades-long lease at 21 Old South Wharf and relocated her gallery to 3 India St. for greater visibility and, with heat, a longer season. Gallery Blue has moved into Splaine's location.
+Retail-wise, when Frazier took over the Best of the Beach location, store owner Elaine Martin started looking for new digs and found a good spot at the corner of Easy Street and Straight Wharf. That building was the former site of Island Pursuit for 22 years, but last fall Nantucket Island Resorts decided to split it into two retail spaces. Island Pursuit has moved to 42 Main St., home of owner Michael Valentino's other store, Chappy, where both lines will be sold and where he will now pay only one rent. Next door to Best of the Beach will be Shoreline Designs, a shop Joyce Kramer ran at 34 Straight Wharf for 15 years. Both stores will enjoy the foot traffic from the Hy- Line and streetside parking, as well as in a portion of the Grand Union lot. The building is now equipped with a handicap-access ramp.
+Ceri, an upscale women's clothier formerly at 13 Centre St., moved to the larger 25 Centre St. and Barrington Antiques moved from 0 Washington St. (the side of Frank Sylvia's building) into Ceri's vacant space on popular Petticoat Row. +L'Ile de France, the French general store owned by Michel and Joyce Berruet, moved from 18 Federal St. to Frazier Real Estate's former 8 India St. location after deciding against renewing their lease with NIR. They made that decision because the business is only run by the couple and they did not want to be held to a seven-day per week schedule during the season. In their place now on Federal Street is Round the Horn, moving uptown from Easy Street, selling imported decorative goods.
Wyner said NIR holds approximately 100 retail units and nearly all are spoken for, with the exception of the second floor space at 44 Main St., which housed Made on Nantucket through last year, but which is currently being considered for either office or retail use. There is no way to predict how the island's business scene may change again for next year's season if privately owned buildings such as Mitchell's Book Corner at the corner of Main and Orange streets, the Sylvia building at Main and Washington streets and the Peach Trees building at 19 Main St., all on the market for more than a year, sell to people who want to start entirely new ventures in those locations. It is all part of the changing
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