News: Front Section

New England Public Radio Foundation, Inc. receives $113,432 grant from MassDevelopment and Massachusetts Cultural Council - to be used to renovate space at 1525 Main Street

MassDevelopment and the Massachusetts Cultural Council (MCC) have provided a $113,432 Cultural Facilities Fund grant to the New England Public Radio Foundation, Inc., which provides financial support for New England Public Radio, WFCR and WNNZ, two public radio stations in western Mass. N.E. Public Radio is using grant funds to renovate a recently purchased space at 1525 Main St. Renovation plans call for rebuilding the 15,000 s/f location installing four radio production suites, a technical operations center, and office space for programming, operations, engineering, development and administration staff. Once completed in July, the N.E. Public Radio will relocate its headquarters from its current facility at UMass Amherst, expanding the school's presence in downtown in conjunction with the UMass Center at Springfield projected to open for the fall 2014 semester. N.E. Public Radio will maintain a satellite news office, intern space, and the Five Colleges Studios at UMass Amherst. "As the developer of 1550 Main, MassDevelopment is pleased to help a Springfield neighbor bring development and rejuvenation to this Gateway City," said MassDev. president and CEO Marty Jones. "We look forward to the contribution The New England Public Radio Foundation, Inc. and UMass will make to the burgeoning arts scene in downtown Springfield." The mission of the New England Public Radio Foundation, Inc., an independent nonprofit, is to ensure New England Public Radio's future as a premier public media organization b.y enhancing financial support, promoting community interest, and serving in an advisory role to station management and its license holder. New England Public Radio serves a large region of diverse communities in Massachusetts, Connecticut, New York, New Hampshire and Vermont. WFCR 88.5 FM and its frequencies throughout the Berkshires deliver the excellence that so many have trusted, valued, and relied on for over 50 years. From NPR's Morning Edition and All Things Considered, signature classical music and Jazz à la Mode, WFCR informs, entertains, inspires, and enriches lives from Hartford to Brattleboro, from Worcester to the New York border. The NEPR News Network at WNNZ AM 640, 91.7 FM in Franklin County and 89.5 in Southern Berkshire County, compliments WFCR with its news, talk and culture programming. In-depth, comprehensive, and provocative, the NEPR News Network satisfies serious news and information followers from Hartford to Rutland, from New Hampshire to the Catskills, with intelligent and considered programming from NPR, the BBC World Service and other public media outlets. "The New England Public Radio Foundation, Inc. is incredibly grateful to MassDevelopment for this generous grant," said foundation president Paul Lambert. "In just a few short months, NEPR will move into its new headquarters in Springfield, and is excited to play a role in the city's revitalization."
MORE FROM 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
Quick Hits
Columns and Thought Leadership
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:
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.