Front Section

SGA-designed lobby at 99 High St. now open - Corderman & Co. worked as the construction manager

Boston, MA According to SGA, a Boston and New York-based national architecture, interior design, planning, branded environments and virtual design construction firm, the lobby of 99 High St.

CBRE represents Omni Logistics and Clarion Ptrs. in 115,822 s/f

Billerica, MA According to CBRE, Omni Logistics leased 115,822 s/f of high-bay warehouse space at 90 Salem Rd., located in Billerica Commerce Center.

Savings Bank of Danbury temporarily closes banking office lobbies

Danbury, CT Savings Bank of Danbury will temporarily close its banking office lobbies effective Wednesday, March 18, as a result of ongoing concerns throughout the region and beyond about the potential community spread of COVID-19.

The Bulfinch Companies, Inc. sign 28,779 s/f in leases at 117 Kendrick

Needham, MA The Bulfinch Companies, Inc. (Bulfinch) has fully leased 117 Kendrick St. Workbar and Waterstone Properties are both set to join the list of tenants at the building. The leases total 28,779 s/f.

Girolamo of Horvath & Tremblay broker $2.56 million in two sales

Beverly, MA Stephen Girolamo of Horvath & Tremblay has completed the sales of two local apartment buildings, totaling 12 units. 43-45 Roundy St. closed for $1.435 million, as well as 32 Dane St., which sold for $1.125 million.

Jewett Construction hires Cambridge as vice president

Raymond, NH Jewett Construction has added Myles Cambridge to its operations team, as the vice president of N.H. operations. He will ensure that each project is exceptional and results in the highest level

SJC upholds dismissal of zoning appeal for lack of standing

The threshold question in many land use appeals is whether the appealing party has standing to object to the action of the local Building Inspector or Zoning Board. In an unusual step on March 6, the Massachusetts Supreme Judicial Court

Disaster relief 1031 deadline extensions - by Patricia Flowers

With IRS News Release IR-2020-58, the Treasury Department and Internal Revenue Service announced that the federal income tax filing due date is automatically extended from April 15, 2020 to July 15, 2020.

Vacation and second homes: You may be able to defer 100% of your capital gains tax - by Robert Charland

Do you have a second home or vacation home that you are thinking of selling? Did you know that you may be able to defer 100% of your capital gains tax from the sale of the property? IRC §1031 allows you to sell qualified use property, property

The great real estate tax break: Combining a like kind exchange and the principal residence exclusion - by John Starling

An exchange may qualify under Internal Revenue Code 1031 (I.R.C. § 1031) when the taxpayer’s property is partially a personal residence and partially qualifying investment or business property under I.R.C. § 1031. This is sometimes called “mixed use” property.