Real Estate NJ
The acclaimed Mayo Performing Arts Center in Morristown is set to begin a major expansion and renovation after securing a $65 million tax credit award under a new state program. An Otteau Group Inc. team led by Christopher J. Otteau provided real estate valuation services for the project. According to the Economic Development Authority, which approved the subsidy this week, plans by the nonprofit South Street Theater Co. Inc. will include more than 31,000 square feet of new construction for an arts and education center and other spaces.
