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77 Manchester Apartments Land Tax Break 

February 28, 2023 | Reprints | Unlock Link

Aldermen in Manchester have given their approval to a three-year tax break deal to help finance a new multifamily building in the city’s downtown. 

Developer Avatar Construction had sought a five-year abatement for 21 and 31 Central St., currently home to a restaurant building but where the company hopes to build an 8-story, 77-unit apartment building. 

The tax break was sought under the state’s Community Revitalization Tax Credit.  

The New Hampshire Union Leader reported that while the city typically grants five-year abatements, city staff recommended only three in this case, at least until construction is completed, raising questions about whether the project will be able to get off the ground. 

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Related Articles

  • Long-Planned Manchester Apartments Underway
  • Brady Sullivan Proposes 160 Manchester Apartments
  • Manchester Apartments Fetch $121.5M
  • Luxury Manchester Apartments Sell for $39M
  • Manchester Apartments Sell for $88.5M