News: Front Section

Baybutt Construction selected as general contractor for $4.5 million project at Nantucket Airport

Baybutt Construction has been selected general contractor for the new $4.5 million aviation building at Nantucket Memorial Airport, the second busiest airport in the state. The new 13,250 s/f general aviation and administrative office building will be located on the site of the old fire and rescue building that was sold and moved off the property earlier this year. The new two-story building will provide a lounge for general aviation passengers on the first floor and a pilot flight training, waiting, and rest area for general aviation pilots on the second floor. The building will service private planes, jets, the coast guard and the military. The office space will accommodate the airport manager's office as well as several other administrative staff offices similar to the old building. The project is designed by Nantucket Architecture Group and Jacobs Engineering. Work is currently underway and is scheduled to be completed in the Fall of 2012.
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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,
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Columns and Thought Leadership
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.
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.

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.
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: