Wednesday, September 21, 2016

Quincy Broker Involved in Plans for Beachcomber Site Missing; Worries Raised About Money for Project

A real estate broker who was involved in the purchase of a landmark bar and music club in Quincy has apparently disappeared, and now there are concerns about the money raised for the project.

The Boston Globe is reporting that Eugene Grathwohl, who worked out of a Century 21 office in the city, was a no-show for a property deal closing of the Beachcomber last week, and he is nowhere to be found at the time of this writing. The article says that investors are now worried that Grathwohl may have left with the money raised for the Quincy Shore Drive project--which totals at least $1.3 million--and it has been learned that he has been cited in the past for allegedly defrauding investors in New York City and Orlando as well. Quincy police are now searching for Grathwohl, who has the title of director of Beachcomber Sands Inc. and was the person who was to have purchased the club from the previous owners (the McGettrick family), according to the Globe.

The Beachcomber was established in 1959 and had featured countless local and national acts over the years. The Wollaston Beach club closed down in early October of 2015 and the initial plan was to demolish the building and replace it with a high-end restaurant, though no progress seemed to be made over the past several months, prompting the city of Quincy to look into the situation in August.

[Earlier Articles]
City of Quincy to Look into Status of the Beachcomber Site
The Beachcomber in Quincy Is Closing

Follow us on Twitter at @hiddenboston

[A related post from our sister site (Boston's Hidden Restaurants): List of Restaurant Closings and Openings in the Boston Area]

Labels: , , ,


Post a Comment

Links to this post:

Create a Link

<< Home