Bridgeport Concert Venue Nears Completion
Another major Bridgeport construction project is near completion, its developer has told local media, with the first concert dates in the Harbor Yard Amphitheater expected to be announced soon.
The Hartford to Limit Insurance for Fossil Fuel Companies
A major insurer is limiting its coverage of companies in the fossil fuel business, citing concerns about climate change.
Former HUD Sec. Julián Castro Quits 2020 Presidential Race
Former Obama housing secretary Julián Castro, the only Latino in the 2020 Democratic presidential primary race, on Thursday ended his campaign that had pushed the field on immigration and housing.
US Construction Spending up 0.6 Percent, Led by Housing
Spending on U.S. construction projects rose a solid 0.6 percent in November as gains in home building and government projects offset weakness in nonresidential construction.
West Hartford’s AmBiz Acquires Mortgage News Network
West Hartford-based American Business Media LLC has acquired Mortgage News Network Inc., the Long Island-based publisher of National Mortgage Professional Magazine.
Zillow: Hartford Rents Up Nearly 50 Percent PSF Since 2010
A new set of data released by Zillow has found that the median rent for multifamily buildings in Greater Hartford has risen by 46.5 percent on a per-square-foot basis between October 2010 and November 2019.
At Inauguration, New Haven Mayor Says City Must ‘Lean Into’ Growth
When New Haven Mayor Justin Elicker was sworn in on New Year’s Day, one of the themes he highlighted in his first speech to the city was the need to adapt to the wave of real estate development sweeping over it.
New State Law OKs Receivers for Blighted Properties
As revelers rang in the new year, a host of new laws took effect in Connecticut, including expanded sales taxes, mental health parity requirements for insurers, an effort to help rehabilitate more blighted properties and extended periods between driver’s license renewals.
What it’s Like Inside Connecticut’s Robot-Heavy Distribution Centers
The e-commerce revolution continues to drive investment in warehouses and distribution centers in Greater Hartford and Greater New Haven, investments enabled by the spread of robots that work alongside humans keeping the facilities operating at a breakneck pace.
Fiscal Reports Show Revenue Declines at Connecticut Casinos
Revenue at Connecticut’s two casinos declined in fiscal 2019 amid new regional competition, according to new fiscal reports.
The Most Popular Real Estate Stories of 2019
Today closes the books on 2019, a year of ups and downs for real estate in Connecticut. Here are the five real estate stories that you, our readers, read the most this year.
The Most Popular Banking and Lending Stories of 2019
2019 ends today, and what a year it was for Connecticut lenders. Here are the five real estate stories that you, our readers, read the most this year.
Day Pitney Adds Partner in Real Estate Group
A former commercial real estate attorney for Robinson & Cole has been named a partner at Day Pitney LLP’s Stamford office.
Connecticut Housing Permits Up 1.2K Over 2018
Homebuilding and multifamily construction is headed for another banner year in Connecticut, with the number of housing units permitted through Nov. 30 up 1,222 over the same time last year.
Report: 220 Apartments Coming to Bridgeport
Slowly, Bridgeport’s long-empty Steelpoint Harbor development is moving forward with the addition of over 200 new apartments.
Proposed Navy Shipbuilding Cuts for Upcoming Budget Will Spare Groton
The Navy is proposing construction cutbacks and accelerated ship retirements that would delay, or sink, the Navy’s goal of a larger fleet – and potentially hurt shipyards, according to an initial proposal.
Developers Buy Grocery-Anchored Portfolio for $150M
Winstanley Enterprises and Surrey Equities of New York have acquired 23 grocery anchored shopping centers for $150 million from Philip Morris Capital Corp., including properties in Cromwell, Seymour and Willimantic.
Report: New Britain Offices Sell for $945K
An office building near the site of a planned $1 billion data center has sold for $945,000.
Lenders Expand Use of Personal Data in Underwriting
Companies that use consumer data say it helps them better evaluate applicants by giving them insight beyond a credit report, which usually shows things like your name, address, Social Security number and current and past credit accounts.
Norwalk Reaches $625K Settlement in Halfway House Lawsuit
A federal prison halfway house will not be built in Connecticut after a Pennsylvania-based nonprofit reached a $625,000 settlement in an ongoing lawsuit with the city of Norwalk.
