Activists Urge Lawmakers to Pass Bill to Protect Pedestrians
Connecticut activists have implored lawmakers to pass legislation to protect pedestrians and bikers.
HSBC to Close Remaining Connecticut Branches
HSBC Bank USA will close its three remaining Connecticut branches as part of a nationwide branch consolidation.
30-Year Mortgage Rate Drops to Record Low
The 30-year fixed-rate mortgage has reached its lowest level since Freddie Mac began tracking rates back to 1971.
Amazon Plans Wallingford Distribution Center
A Wallingford warehouse is expected to become home to Amazon’s latest distribution facility in the Nutmeg State.
Webster Names Levy-Grant as New Diversity and Inclusion Officer
Webster Bank has hired a leader from a top New England liberal arts college to head up its internal workforce diversity and inclusion efforts.
Douglas Elliman Launches New Branding, Logo
Douglas Elliman Real Estate, the one of the largest independent residential real estate brokerages in the country by sales volume, has launched a new logo and branding.
Municipalities Want More Help Addressing ‘Forever Chemicals’
The largest organization of cities and towns in Connecticut has called on the state and businesses to provide them with more help in addressing the expensive environmental fallout from chemicals in firefighting foam and similar products.
Norwalk Offices Sold to New York Investor
A recently updated multitenant office building in Norwalk has been acquired for $8.5 million by Valley East Properties of Westbury, New York.
Fed Survey Finds Coronavirus Impacting Parts of US Economy
The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the United States.
Draft Hartford Master Plan Highlights 10 ‘Transformative’ Developments
As officials in Hartford try to map out the city’s future, they’re focusing on 10 projects they hope will transform the sometimes-struggling state capitol.
Henry Cobb, Designer of Stamford’s Pitney Bowes Building, Dead at 93
Henry N. Cobb, the groundbreaking architect and longtime collaborator with visionary designer I.M. Pei who crafted a well-known Stamford landmark, died yesterday at 93.
Green Bank Clean Energy Program Hits 300-Project Mark
The Connecticut Green Bank’s Commercial Property Assessed Clean Energy (C-PACE) program surpassed 300 closed projects at the end of 2019, reaching a total of more than $163 million in clean energy financing investment in local businesses.
Single-Family Home Sales, Median Sale Price Up in January
Connecticut single-family home sales experienced notable gains in January on a year-over-year basis as the median sale price also trended higher.
New Haven Company Launches Cannabis Banking Consultancy
A New Haven-based company specializing in cannabis banking compliance has added a consulting service to help financial institutions launch cannabis banking.
Lawmakers Hold Hearing on Marijuana Legalization
Connecticut lawmakers held a public hearing Monday to discuss details of a new bill proposed by the governor that would legalize recreational marijuana in the state.
Court Upholds $21.7M Verdict Against Landlord in Sex Abuse Case
A federal appeals court on Tuesday upheld a $21.7 million verdict against a New Haven landlord and rabbi accused of repeatedly sexually abusing a teenage boy in the early 2000s.
Legislators Told Sports Betting Would Boost Bridgeport Real Estate
State lawmakers are revisiting a proposal to greatly expand the gambling reach of Connecticut’s two federally recognized tribes, but the governor expressed doubts Tuesday whether that’s the right approach this year.
Hotels, Retail and Tech Vulnerable to Coronavirus Impact
Disruption to U.S. commercial real estate markets from the coronavirus outbreak will hit the hotel and retail industries hardest initially and cause supply chain disruptions that could affect the tech sector.
Fed Cuts Benchmark Interest Rate by Half Point
The Federal Open Market Committee this morning cut the benchmark federal funds rate by half a percentage point in response to concerns the coronavirus outbreak could slow global markets.
Results Expected Soon in Case of Skeletons Found During Ridgefield Renovation
Connecticut’s former state archaeologist is set to release the results of his examination of skeletal remains found beneath an 18th century home in Connecticut.
