Thursday, September 19, 2013

GSA MAKES NEARLY A MILLION SELLING BOSTON HARBOR LIGHTHOUSE

FROM:  U.S. GENERAL SERVICES ADMINISTRATION
Government Sells Boston Harbor Lighthouse for Nearly $1 Million
September 16, 2013

BOSTON - Today, the U.S. General Services Administration (GSA) announced it has found a new owner for the historic Graves Light in Boston Harbor. David Waller was officially awarded the lighthouse today and will take ownership within sixty days. GSA received an unprecedented $933,888 bid for the lighthouse, which is a record amount for any lighthouse ever sold in the United States.

As part of the National Historic Lighthouse Preservation Act (NHLPA) program, GSA offered the lighthouse to the public through an online auction. So far, more than 100 lighthouses have been sold or transferred out of federal ownership. Through this innovative program, proceeds from the public sales go back into the Coast Guard’s aid to navigation fund, a fund that pays for the equipment, maintenance, and resources (fog horns, lights, battery cells, solar panels, etc.) to continue preservation and maintenance of lighthouses that are still active and federal ownership. .”

"Lighthouses are an important part of our maritime history, both in New England and national heritage. Enthusiastic new owners like David Waller, help us ensure that these architectural treasures will be preserved without burdening taxpayers," said Robert Zarnetske, GSA Regional Administrator for New England.

The open and competitive public auction lasted 25 days between 10 different parties before bidding closed last Saturday. The property boasts 360-degree million dollar views that include the Boston skyline, the harbor, and the Atlantic Ocean. The new owner now possesses a truly historic maritime treasure and iconic property in Boston Harbor.

Graves Light, constructed in 1905 and designed by Royal Luther, is located on The Graves, the outermost island of the Boston Harbor Islands National Recreation Area, nine miles offshore from Boston. At 113 feet, it is the tallest lighthouse in the Port of Boston. The light is a striking conical structure with granite blocks on a granite foundation and includes interior keeper’s quarters.

Since 2000, in partnership with the U.S. Coast Guard and the National Park Service, GSA administers the federal program that transfers ownership of historic lighthouses to caretakers through the National Historic Lighthouse Preservation Act program. GSA also offers lighthouses for public sale at www.realestatesales.gov.

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