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Portsmouth Herald in Portsmouth, New Hampshire

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Portsmouth Herald

Location

Portsmouth, New Hampshire, United States of America

Date

Jun 22, 2003

Page

6

Apartment proposals move through city planners in Portsmouth

Portsmouth plans push more housing as proposals for up to 230 new rental units advance through regulatory steps. Developers including Tim Flynn and King Weinstein seek to convert office and commercial space on McDonough Street and Islington Street into apartments and artist studios amid a wider push for garden apartments, townhouses, and condos to meet a growing Seacoast housing need.

Portsmouth Seacoast Lisa Fisher Henderson Tim Flynn Flynn Great McDonough Street LLC Safeway McDonough St Pontiae Movement David Holden Holden Robert Padian Cabot St Padian Bernard Pelech Pelech Beechstone Colonial Pines Stonecroft Patriots Park White Cedars Springbrook McDonough Street Planning Board Great Islington Street Islington St Thomas Battles Route 1 King Weinstein City Public Works Plaza 800 Weinstein Public Works Lang Road Scott Osgood Knights of Columbus Osgood Islington Street Porter Street Middle Street

Real estate market questions linger as prices rise countywide

The Roe Report and regional brokers note listings up to 58 Rye homes averaging 890,767 with 134 days to sell. Portsmouth prices near 289,500, with sales at 96.2 percent of asking. Low interest rates drive activity but high end slows, tax revaluations and debt concerns threaten a cooling market.

Nason Roe Portsmouth Rye Hampton National Association of Realtors Inter Seacoast Vern Gardner Horizon Associates Gardner Boston Federal Reserve Lereah Economist Mortgage Bankers Association of America Associated Press

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