Vol.44, No.35
www.thewarrengroup.com
W E E K O F M O N D A Y, A U G U S T 2 9 , 2 0 2 2
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
LAND USE REFORMS
Plaistow
144 MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $21,138,000 B: Albany Road Plaistow LLC S: Metcon Realty LLC Mtg: Lowell Five Cent Svgs $15,130,000 Use: Manufacturing Building, Lot: 1080399sf
Salem
21 NORTHWESTERN DR. . . . . . . . . . . . . . . . . . . . . . $14,900,000 B: FF 21 NW Owner LLC S: Dennesen Industrial LLC Mtg: Middlesex Svgs Bk $11,216,000 Use: Industrial Warehouse, Lot: 664726sf
Nashua
30 TEMPLE ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,494,000 B: Whiting Building LLC S: Creg Temple Street LLC
Gorham
130 MAIN ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5,950,000 B: Mahalaxmi Hospitality LLC S: Royalty Real Estate LLC Mtg: Northway Bank $5,008,000 Use: Mixed Use-prim Comm & Other, Lot: 169884sf
Alton
90 MINGE COVE ROAD . . . . . . . . . . . . . . . . . . . . . . . . $3,050,000 B: Paul G Smith & Marion E Smith S: Timothy J Noe & Jill S Noe
Windham
36 ROULSTON RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,000,000 B: 43 Rockingham Rd LLC S: Richard J Messina Tr, Tr for Roulston RT Mtg: Middlesex Svgs Bk $6,350,000 Use: Motel, Lot: 387684sf 43 ROCKINGHAM RD. . . . . . . . . . . . . . . . . . . . . . . . . . $3,000,000 B: 43 Rockingham Rd LLC S: Richard J Messina Tr, Tr for Manor Motel RT Mtg: Middlesex Svgs Bk $6,350,000 Use: Motel, Lot: 58806sf
Waterville Valley
63 TECUMSEH ROAD. . . . . . . . . . . . . . . . . . . . . . . . . . $2,949,000 B: JHM Valley LLC S: Cardinal NH 5 RE LLC
Durham
32 COLONY COVE ROAD. . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: Michael D Miller Tr, Tr for Colony Cove Road RT S: Gene A Auty Tr, Tr for Gene A Auty RET
Salem
103 S POLICY ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,250,000 B: 103 South Policy LLC S: Sally L Musumeci Tr, Tr for Sally L Musumeci RET Mtg: Rap Family Hldg LLC $1,687,500 Use: Apartment Bldg - 9 + Units, Lot: 86249sf
Towns Face Changes Under New Zoning Law Tighter Deadlines, More Transparency Required for Zoning Boards BY ETHAN DEWITT NEW HAMPSHIRE BULLETIN
A
s New Hampshire’s school boards prepare for the school year, local planning boards faced a different action deadline: Aug. 23. That’s the day towns and cities were supposed to start adhering to a package of new zoning and planning laws passed by the Legislature this year. There are new deadlines. There are requirements for better explanations for approvals and denials. And there are mechanisms for towns to approve and help finance workforce housing, a key aim of the bill.
3 3 4 5 5 6 8 8 10 10 11 11 11 11
Some of the changes in the law, House Bill 1661, require town and city land use boards to be more upfront with residents and developers over how the process works. The law requires that cities and towns post all fees necessary for land use permits somewhere in public. It also requires that land use boards issue written reasons for an approval or a disapproval. Exactly how much detail the boards must give is determined by how controver-
New Hampshire Market Statistics Number of Condo Sales 500
400
REAL ESTATE RECORDS COUNTY
More Transparency
Towns and cities are already rushing to get up to speed. An Aug. 10 online webinar presented by the New Hampshire Municipal Association and the state’s Office of Planning and Development saw 400 town officials, planning board members, and zoning board members log on for a detailed briefing – eight times the standard attendance. Some municipalities, such as Keene, have already incorporated many of the required changes voluntarily.
sial the application was, the law states. If a board fails to release written findings of fact supporting its refusal, the move will be grounds for automatic reversal in superior court. Natch Greyes, government affairs counsel for the New Hampshire Municipal Association, noted that the land use boards should be acting in a “quasi-judicial capacity.” “You have to explain what you’re doing, just like a judge would,” he said. Those decisions might later be relied upon if a developer decides to appeal the decision, he noted. “Obviously, if you’ve had the hearing if you’ve made the decision, really the written findings are just encapsulating what you discussed and decided,” Greyes said.
450
INDEX PG
“Much of what is in the new law we already practice,” said Jesse Rounds, the community development director in Keene. Others may need to step up their efforts. Here is what’s about to change.
Zoning boards will now have up to 90 days to make a decision on an application.
New London
104 CAMP SUNAPEE RD. . . . . . . . . . . . . . . . . . . . . . . $2,075,000 B: Kara V Berger & Steven W Berger S: William F Mccormick Tr, Tr for T F Mccormick RET 2010 Mtg: Bar Harbor Bk & Tr $1,499,000 Use: 4 Bdrm Conventional, Lot: 39204sf
A law passed by state legislators this year means local land-use boards will be operating under a range of small, but potentially meaningful changes starting this fall.
TRANSACTIONS THRU
Belknap �������������������������� 08/12/22 Carroll ���������������������������� 08/12/22 Cheshire ������������������������ 08/12/22 Coos �������������������������������� 08/12/22 Grafton ���������������������������� 08/12/22 Hillsborough ������������������ 08/12/22 Merrimack ���������������������� 08/12/22 Rockingham ������������������ 08/12/22 Strafford ������������������������ 08/12/22 Sullivan �������������������������� 08/12/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals
350 300 250 200
Want to see your news featured in a future issue of The Registry Review?
July Aug. Aug. Sept. Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jann Jan. Feb. Feb. Mar. Mar. April Apr. May May June June July July ’21
’22
Number 650 650 of Sales 600 600 550 550 500 500 450 450 400 400 350 350
300 300
Continued on Page 12
July July ’17
July July ’18
July July ’19
July July ‘20
July July ‘21
July July ‘22
Year
Number of Sales
Change Prior Year
July 2017 July 2018 July 2019 July 2020 July 2021 July 2022
543 629 569 555 406 369
22.30% 15.84% -9.54% -2.46% -26.85% -9.11%
q Statistics based on condo sales of more than $1,000 q Source: The Warren Group
©2022 The Warren Group Inc. All rights reserved. No part of this publication may be reproduced without the written consent of the publisher.
Send submissions for consideration to
editorial@thewarrengroup.com.