News: Front Section

13,000 s/f Papermill Theater to be constructed at InnSeason Resorts

The board of trustees of the North Country Center for the Arts and Papermill Theater has reached a final agreement with the developer of InnSeason Resorts for the construction of its new facility to be located on the site of the former Franconia Papermill. Winner of numerous N.H.Theater Awards, the Papermill Theatre will celebrate its 22nd season this year. Presenting musical theater featuring professional and local talent, the organization serves as a tourist attraction during the resort area's busy summer months, and is planning an expansion to seasonal year-round programming when the new facility is constructed. InnSeason Resorts is the developer of the property on which the current theater facility is located, along with its InnSeason Resorts South Mountain Hotel and Village Shops. Development of a $3.5 million resort timeshare hotel, shopping, dining and arts center, along with second home condominiums, town homes and a public park is planned. The site overlooks the South Mountain area of Loon Mountain, combining 24 acres of riverfront property, with over 800 ft. of river frontage. The village-style complex is being brought to market by William Curran, CEO and Dennis Ducharme, RRP, president. "This successful agreement with InnSeason Resorts concludes an ongoing negotiation that has extended over the past two years," said David Talbot, president of the North Country Center for the Arts board of trustees. Conceived as a 350-seat 13,000 s/f facility to be built within the hotel, the North Country Center for the Arts has commissioned Eric Palson, AIA, president of Sheer, McCrystal, Palson Architects of New London to design the facility. The facility will include stage and seating, orchestra pit, backstage space, fly space, dressing rooms with bathrooms/showers, green room, lobby and reception area, entryway and access, box office, public restrooms, exterior marquee and concession facilities.
MORE FROM Front Section
Front Section

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

Make PR pop by highlighting unique angles - by Stanley Hurwitz

Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.