Tax Realty Consultant

Lakeside Insurance Agency in Windham, N.H., was named one of the Top 100 Private Companies in New Hampshire. The designation was recently announced by Business NH Magazine in its annual listing. The company is among the fastest growing, most distinguished and one “to watch” in New Hampshire, according to the magazine.

Lakeside Insurance Agency is a full-service agency that was established in 1973 and has a team of 20 licensed agents managing nearly 10,000 polices for clients locally and across the country. The agency provides comprehensive and individualized insurance programs, including commercial and group benefits, personal life and health insurance, and a wide range of financial services products.

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The Methuen office of The Savings Bank recently hosted a reverse mortgage seminar at the Nevins Memorial Library in Methuen. It addressed the program that lets homeowners enjoy financial independence while living in their own home, as well as the products and services offered by TSB Securities Group, an Independent Service at The Savings Bank. Speakers included Chris Grevelis, reverse mortgage specialist at The Savings Bank, and Michael Rogers, financial consultant with TSB Securities Group.

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Simon Property Group and the Boston Celtics have teamed up to present the Simon Boston Celtics Giftcard. As part of this new relationship, a portion of the proceeds will go to the Boston Celtics Shamrock Foundation and the Simon Youth Foundation, both of which provide education benefits to local youth. The Giftcard is now available at all Simon Mall locations in New England, including North Shore Mall in Peabody and The Mall at Rockingham Park in Salem, N.H.

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Beacon Communities LLC of Boston announced that it has been awarded two gold PRISM awards from the Builders Association of Greater Boston for its development of The Cordovan at Haverhill Station. Beacon was the recipient of the Best Rental Community in New England and Best Affordable Community in New England awards. The development team for The Cordovan at Haverhill Station included The Architectural Team, Duffy Design Group, Stantec and Keith Construction.

The development of The Cordovan at Haverhill Station involved the adaptive reuse of a primarily vacant and deteriorated historical structure in downtown Haverhill. The 146-unit mixed-income apartment-home community is within walking distance to the MBTA commuter rail, Amtrak Down Easter line and the MVRTA bus station. The Cordovan was the cornerstone for redevelopment efforts in downtown Haverhill and is near shopping, art galleries and many restaurants and pubs.

The design for the renovation and rehabilitation of the building - originally built as a place to house small firms connected to Haverhill’s shoe-manufacturing industry in the early 20th century - retains many of the building’s historical interior and exterior features. Of the 146 apartments, 61 are available to households earning less than 60 percent of the area median income, or moderate income.

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Judy George, CIC, vice president of Commercial Lines with Lakeside Insurance Agency of Windham, N.H., was re-elected as president of the Professional Insurance Agents of New Hampshire for 2007-2008. The announcement of the new slate of officers came at the professional association’s recent annual meeting.

George, who has been a broker with Lakeside Insurance Agency for 13 years, is a certified insurance counselor with nearly 30 years of professional experience in the insurance field. Lakeside Insurance Agency, with a team of 20 licensed agents and 34 years in business, was recently recognized as 2007 Best Practices Agency by the Independent Insurance Agents & Brokers of America.

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Richard Misserville of Chester, N.H., recently joined 25 other graduates to earn the position of Associate Supervisor in the Massachusetts District of the U.S. Postal Service.

Misserville trained for 16 weeks with classroom sessions and on-the-job training at the Middlesex-Essex Processing and Distribution Center in North Reading where he will work as a supervisor of distribution operations.

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Three Lawrence businesses were awarded more than $5 million in federal tax deductions for fiscal year 2007. The privately owned businesses include Little Car Care, a Volkswagen specialist that was awarded $100,000 in deductions; Bagel Boy, which was awarded $4.5 million in deductions; and Ozzy Properties, which received $547,491 in deductions for its Heritage Place commercial real estate property.

All three federal tax deductions were provided under the Housing & Urban Development’s Commercial Revitalization Deduction, a special incentive available within Lawrence’s Renewal Community district.

Renewal Community tax incentives are worth approximately $5.6 billion to eligible businesses of all sizes in Renewal Communities. These incentives encourage businesses to open, expand, and to hire local residents. The incentives include employment credits, a zero percent tax on capital gains, accelerated depreciation through Commercial Revitalization Deductions and other incentives. Lawrence receives $12 million in Commercial Revitalization Deductions each year.

Commercial Revitalization Deductions require an application be filed with the city, as well as approval by the Massachusetts Department of Housing & Community Development.

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