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What's new at NH Business Review

Page 1

Getting behind the wheel
Amid shortage, legislators incentivize drivers
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Long COVID leads to lost wages, jobs, report says
Workers who reduced hours due to long COVID may have lost millions in wages
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What’s on tap for 2025?
Five years after the pandemic, not much would be nice
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NH BUSINESS REVIEW
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NEW HAMPSHIRE GROUP
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Page 3

The cost of housing and impacts on household budgets
In 2024, the median cost for purchasing a single-family house in the Granite State reached a record high of $540,000 in June, a 71.4% increase from the same month five years earlier.
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Torrington Properties unveils Sage Portsmouth luxury condos
Real estate development and investment firm Torrington unveils Sage Portsmouth, with 95 luxury condominiums for sale.
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PDA announces Geno Marconi’s retirement. Marconi says that’s not true.
“We have been advised by the New Hampshire Retirement System that Director Marconi has submitted his paperwork to retire, effectively, January 1st of this year,” Duprey said.
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Plaistow to take over ALS service from Exeter Hospital
The Plaistow Fire Department was given the green light last month to launch its own regional paramedic intercept program for towns immediately affected by Exeter Hospital’s plans to end advanced life support services in March.
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Aldermen remove Commuter Rail Feasibility Study from ‘package deal’ resolution in split decision
The original resolution called for the supplemental appropriation of $5,245,000 to assign fund balance into 14 capital improvement projects. The amendment removed two of the projects, bringing the total down to $4,520,000.
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IN BRIEF
CONCORD: New Hampshire’s public higher education systems have created over 100 pathways to help students transition from community colleges to bachelor’s degree programs at state universities.
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TAKE 5
NEARLY a quarter of hiring managers find recent college grads unprepared for the workforce.
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Massachusetts tech company moving to NH, bringing 500 jobs to Salem
A major health care and security technology company that’s been headquartered in Peabody, Mass., for almost 50 years is pulling up stakes and moving to Salem, NH, bringing with it 500 jobs.
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THE BOTTOM LINE
New Hampshire officials have approved HCA Healthcare’s acquisition of Catholic Medical Center (CMC). As the largest for-profit hospital company in the U.S., HCA’s acquisition will help CMC navigate its financial challenges.
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Fighting chemicals with chemistry
Massachusetts lab tests carcinogenic firefighting foam from NH
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What did they expect?
Trump’s platform includes goals that might surprise his champions
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Page 11

It takes six figures to join the middle class in NH
Household income in NH needs to be at least $108,470 to be considered ‘middle class’
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Investing in our future
It’s crucial for businesses to engage in the legislative process
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Page 13

Culinary ‘patriarch’ consults in restaurant relaunch
Town Square Tavern, formerly LUCA, is getting help from David Burke, who has appeared on ‘Iron Chef America’
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Page 14

Brain power
Thinking your way to success
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Net metering in limbo
PUC decision casts shadow on solar’s future in NH
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More time, better relationship with your doctor means better health outcomes
“I think the most important thing is just being able to get people in when they need to get in,” said Delphi provider Dr. Jennifer Fishbein. “When you’re sick, you want to see someone who knows you, but also just if things wait, then they get worse.”.
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A place to solve problems
Keene company that focuses on life sciences pairs with industry partners for proof-of-concept lab
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New Hampshire will finally fix its property assessed clean energy law
The trouble is: How do you make an energy-efficiency project look like a road, bridge or airport? The answer is C-PACE.
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Page 23

How to pay for rising college tuition
There’s no doubt that a college degree is a huge investment, but there are strategies that families can take to lessen the financial burden.
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Page 24

Don’t forget about 409A in retirement agreements
Employers that want to reward a key employee by promising to pay a bonus upon retirement need to examine 409A.
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Page 25

Adjusting to workplace laws under Trump
As the Trump administration focuses its priorities, employers need to be aware of several new, proposed and potential changes to workplace laws, regulations and federal agency enforcement initiatives.
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Page 26

The NHBR BIZ LIST
Connect with one of NH’s largest law firms, as featured in NH Business Review’s 2024 Book of Lists
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Page 27

Court sides with KLP in STR owners’ case
A Carroll County Superior Court judge last Tuesday handed the Kearsarge Lighting Precinct (KLP) a victory against a Massachusetts couple who owns two short-term rentals (STRs) in the precinct.
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Page 28

Volatile weather risk looming over NH businesses
Flooding is the costliest and most common natural disaster in New Hampshire, and the next several decades are expected to bring at least 10% more extreme precipitation events to the Northeast.
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New Hampshire nonprofits brace themselves for uneasy 2025
They are not simply organizations that do good work — nonprofits are a critical part of the state’s infrastructure in providing direct, essential services — the backbone of the safety net.
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Page 30

CALENDAR
GO TO NHBR.COM/CALENDAR FOR UPDATED & EXPANDED BUSINESS EVENT LISTINGS FROM AROUND THE STATE
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Page 31

Q&A INTERVIEW
Executive Director of Stay Work Play New Hampshire Corinne Benfield
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Page 32

THE LATEST
Please send items for possible publication in The Latest to EDITOR@NHBR.COM Include a color photo if available.
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Page 34

ABOUT TOWN
1. Revo Casino and Social House opened its newest location in West Lebanon on Dec. 19, drawing in hundreds of visitors.
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