Yes, Europeans do model New England roads! I'm modeling the B&M in 1950's. I was in search of a credible NE-depot as well and recently found it on Ebay. Blair Line's Walnut Grove Depot (#1004) is very, very Yankee. Although it's not based on a NE prototype it comes close to the characteristic wooden structures that dotted rural B&M-country.
Blair Lines's depot is a superbly detailed laser kit. Only 200 of them produced but not impossible to find on the net. I payed some 35 Dollar for it.
An alternative could be the Laserkit depots. Check their site. They have a real nice B&M/NE yardtower too. 
The Atlas Maywood station is a very nice representation of a wooden depot, but not very B&M, nor NE. The planking is vertical and most of the depots in NE had the planking horizontal.
If you're modeling B&M (or MEC) and want to paint or airbrush the depot, consider Polly Scale's Milwaukee Road Maroon and Toronto Hamilton and Buffalo cream. They are a very close match.
Hope this is of any help.

Paul, Netherlands

What we need from the B'mann is a reliable, DCC-ready mechanism for all those Bachmann Plus and Spectrum F7 shells that have been extensively upgraded and detailed by lots of modeleres the past years. I have quite a few of them and they look great. They just run like crap, which is a pity. I'm sure an updated mechanism for the F7 will fill a void and will please lots of modelers around the world.

Paul,
Netherlands
(modeling the B&M in 1950's)

Hello Patrick,

I'm new to this forum. Visit it on a regular basis as an 'anonymus' and felt the need to join the club after reading your question.  I'm a B&M modeler from Netherlands (yes, they do exist!) and I have quite an extensive collection of maroon&gold, black, white&blue and solid black Boston&Maine locomotives. Steamers included. Most of them are painted and decaled by myself. There's a great source for N-scale B&M decals. For N-scale steam engines too. Try this: www.mgdecals.com. These are great decals - if handled with care. Check their site -  and their service is superb. Another option is to try and find a set of Microscale decals, #60-984 (B&M switchers, black). The Boston&Maine herald, used on steamers, is there as well as is most of the lettering. They're quite hard to find.
I'd go for the mgdecals set: fine product and it has the small lettering, used on the back of the tender too.
Good luck!
Paul