Reposted by Lauren Clem
Not great seeing a Newport shipyard leading off this article on Blackstone buying up "scarce waterfront infrastructure." Blackstone "went from owning zero marinas in 2024 to roughly 200 marinas today — more than anyone in the world."
sanjuandailystar.com
With boats getting bigger, money is flowing into marinas
By MURRAY CARPENTERTanned and tousled after a sailing regatta on Narragansett Bay, more than a thousand people gathered last month at a large marina in Newport, Rhode Island, for three days of competi...