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Old 01-28-2004, 10:50 AM   #38
piemma
Very Grumpy bay man
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Join Date: Nov 2003
Location: Rhode Island
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I agree. I have heard that Jack will not be back and that Nelson's is actually owned by a group of investors who bought the businesses and land with the intent of closing everything and building condos.
As you know, land in PTown is very expensive and highly sought after. There was a clause in the Purchase and Sales agreement that mandated they keep the bait store open for an undetermined period of time. My understanding is that the period of time has expired and they are going to knock down the whole shebang and build $500K condos. Damn shame as Neslons is an institution among us old time PTown beach rats
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