Hanover St. building has a buyer
“We’re currently working with them on the details of the transaction and the timing,” said Richard Lavers, deputy commissioner of the state Department of Employment Security.
Lisa Merrill-Burzak, vice president of development for New Hampshire Catholic Charities, said the nonprofit plans to use the Hanover Street location to consolidate programs and rent less space around the city. She said there is no timetable for the move.
The city could lose out on collecting tens of thousands of dollars in property taxes yearly since New Hampshire Catholic Charities has been exempted from paying taxes on four other properties it owns, according to the city assessors office.
Gagne said Catholic Charities could escape paying taxes if the property is owned, occupied “and used by and for the charitable purpose claimed.”
Lavers said the 300 Hanover St. property contains a building offering 20,360 square feet and 86 surface parking spots.Catholic Charities finished second in the initial round of bidding, offering $1.25 million, behind Ho’s bid of $1,510,100.
The state Department of Employment Security, which doesn’t currently pay any property tax to the city, is consolidating several locations around the state, including transferring workers to Concord from 298 Hanover St., where the appeals unit worked.