EXTRA...

Bernie & Phyl’s coming to Cape; Drink to charity with Stellwagen Stout; Oil sets new price; 2 Cape CVS stores sold

Oil Tops Inflation-Adjusted Record Set in 1980
$104 a barrel breaks price set during Arab oil embargo

Cape Cod gas stations report customers are buying gas with pocket change. In Maine home heating oil rises 8 cents in one week... Globe.  Capping a relentless rise in recent years, oil prices hit a record high during the day on Monday, then pulled back to close below the record.  The day’s highest trading price, $103.95 a barrel on the New York Mercantile Exchange, broke the record set in April 1980 during the second oil shock. That price, $39.50 a barrel, equals $103.76 today, when adjusted for inflation.

The surge in energy prices is taking place as investors seek refuge in commodities to offset a slowing economy and a declining dollar. Analysts pointed out that financial institutions like pension funds and hedge funds are also buying oil and other commodities like gold as hedges against a rise in inflation...  New York Times. 
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Cape Cod Beer releases "Stellwagen" Stout for Charity
Celebrate St. Patty's Day with an Eye Towards Coastal Conservation


Cape Cod Beer, Cape Cod's only distributing microbrewery, located at 1336 Phinney's Lane, Hyannis. Brewery hours are Monday thru Friday Noon to 6pm, as well as Saturday 11am to 2pm, website. Just in time for St. Patrick's Day, Cape Cod Beer has handcrafted a traditional Irish stout, which they are calling "Stellwagen Stout" - where a dollar from the sale of each new growler will go to support the Stellwagen Bank National Marine Sanctuary, an 842-square-mile marine protected area at the mouth of Massachusetts Bay. Stellwagen Bank stretches from three miles north of Cape Cod to three miles southeast of Cape Ann, and is home to more than 17 species of whales and countless other types of sea life. Stellwagen Stout, a traditional dark brew, with a pleasant roasty-flavor and a rich, creamy head, will be available for a limited time starting March 1^st , in 64 oz refillable "Growlers" to go, directly from the brewery and in package stores throughout Cape Cod & Plymouth.

In an effort to bring to light and to support conservation efforts on Stellwagen Bank, Cape Cod Beer is donating a portion of the proceeds to the "Stellwagen Alive! - Friends of Our National Marine Sanctuary" group. Stellwagen Alive! is a Massachusetts nonprofit public benefit corporation whose mission is to raise public awareness of sanctuary resources and management issues through programs of scientific research, monitoring, exploration, education, and outreach...  Beer Advocate.  
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Bernie & Phyl’s Furniture Plans to Open New Store in Hyannis

These two very familiar faces will be coming to Cape Cod in May.Replaces La-Z-Boy on Route 134 opposite Cape Cod Mall

Bernie & Phyl’s Furniture, the largest independently owned furniture retailer in Massachusetts, announced plans to open a new store in Hyannis. The company is purchasing a 12,000 square foot showroom at 20 Airport Road (across from the Cape Cod Mall) that currently houses a La-Z-Boy Furniture Gallery.

The new store expects to open for business by the end of May. Approximately 12 employees will be hired to staff the Hyannis store and to handle the increased demands at the company’s Norton distribution center...  Bernie & Phyl’s is buying the 20 Airport Road site from the Cabana family, which has owned and operated the La-Z-Boy Furniture Gallery there for over 30 years...  Furniture World. 
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An Interview with Alexander Theroux
A book no one read in a town where no one reads

Alexander Theroux is a writer who resists classification.
His first book, Three Wogs (1972), is a triptych of novellas that examined the class and racial conflicts that occur between the archetypal Londoner and the inhabitants of the British Isles, the “wogs,” who are “not one of us.” This exceptional debut received a nomination for the National Book Award. Theroux’s second novel, Darconville’s Cat (1981), is widely considered his masterpiece. Anthony Burgess hailed it as one of the best 99 novels written in English since 1939. Darconville’s Cat is an exquisite novel of revenge and thwarted love. It too was nominated for a National Book Award. An Adultery (1987) is a detailed, fictional Q.(Sean P. Carroll) Laura Warholic is your first novel published since An Adultery in 1987. What are the origins, multilayered and murky perhaps, of this outrageously brilliant novel and its perilous path to publication?

A. (Alexander Theroux) One thing that primed the pump was the reflection over the years that sex is possibly one of the best, if not the best, telescopes to ponder human beings. A novel is about many things, not one. I wanted to exorcise myself of some thoughts I liberally gave to Eugene Eyestones, for a novel is a hotcupboard of gathered thoughts. I love to write and wanted to create a gallery of faces. The chance every morning to ventrilocate the voices of multiple characters is a joy not many know. Making sentences is creating jewelry. I love to fashion a good paragraph, so coming up with such a book as Laura Warholic is not only a serious daily task but surely an amazing self-indulgence. I especially have to enjoy what I do, as I know no one reads my books. I believe the first edition was 6,500. The population of a few small, sleepy dorps on Cape Cod where, by the way, no one knows of my new book. My librarian has not heard of it...  Bookslut.  Read the recent review of "Laura Warholic" in The Globe here.
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Coffman Peddles 2 Cape Cod CVS Stores for $9M
Hyannis CVS and another in Marstons Mills sold

A 10,000-sf retail asset here is among three CVS Drugstores sold by Coffman Realty for a total consideration of $9.2 million. Main Street Brockton LLC paid $3.7 million for the CVS in this South Shore community, while the other two buildings were purchased by One Liberty Properties, a REIT based in Great Neck, NY, which acquired a Hyannis CVS and another on Cape Cod in Marstons Mills.

“It’s tough to get any retail on the Cape,” says broker Jonathan Aron of NAI Hunneman Commercial Co. in explaining the added attraction the stores there had for prospective buyers. Aron handled the three divestments for Coffman. All of the buildings are free-standing and were purchased with the existing debt in place. The debt aspect extended the sales process into the teeth of the national credit crisis, but the negotiations ultimately survived those difficult conditions...  One Liberty is a NYSE-traded entity focusing on net-leased real estate, and has assembled a geographically diverse portfolio of industrial, office and retail product. Tenant strength, demographics and superior locations are among the firm’s criteria. Such was the case in the Cape deals, according to One Liberty President Patrick Callan, who says in a release that the $2.3 million buy of the Marstons Mills CVS “furthers our stated objectives of acquiring quality properties with long-term net leases to quality tenants.” One Liberty paid $3.2 million for the Hyannis property, of which $1.9 million was paid by assumption of an existing first mortgage...  GlobeSt.