by The Associated Press | Sep 3, 2025 | Banking & Lending, CR Daily, Digital Edition
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank’s independence in decades.
by Sam Lattof | Apr 4, 2025 | Banking & Lending, Digital Edition, Industry News
Off-MLS listings appear to generate lower sale prices than publicly listed ones in majority-minority neighborhoods, according to new research from Zillow.
by James Sanna | Feb 19, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
An LLC registered to a Florida residential address wants to build another large warehouse in South Windsor.
by Steve Adams | Jan 31, 2025 | Commercial & Industrial, Digital Edition, Industry News, NEFMA Awards, Westchester News
Mutifamily housing developers are gravitating to the suburbs in search of sites that offer lower acquisition and construction costs than urban cores. It’s a fertile growth opportunity for Callahan Construction.
by James Sanna | Jan 21, 2025 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
Stamford-based Patriot Bank has to file a strategic plan with federal bank regulators and submit to extra oversight after being designated as “troubled” by the Office of the Comptroller of the Currency.
by The Associated Press | Jan 20, 2025 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it’s unclear whether his orders will be enough to move the U.S. economy as he promised.
by James Sanna | Jan 20, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
A landmark building in downtown Mystic has traded hands for nearly $3 million in a transaction that will help a 127-year-old family business find a location for its expansion.
by James Sanna | Jan 16, 2025 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
The Connecticut Department of Banking and financial regulators in 48 other states have jointly levied an $80 million fine on the peer-to-peer payments company CashApp and its Block Inc. mobile payments service.
by The Associated Press | Jan 15, 2025 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
JPMorgan’s net income soared 50 percent, and other major banks reported banner earnings for the year.
by James Sanna | Jan 9, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
New York City investor Brixmor Property Group says it bought Manchester’s Plaza at Buckland Hills for over twice its appraised value.
by James Sanna | Jan 8, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
A 10-agent team has jumped from one brokerage brand to another in central Connecticut.
by Sam Lattof | Jan 7, 2025 | CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
While Greater Boston jumped 10 spots in Zillow’s hottest markets rankings compared to 2024, the market was still outpaced by the likes of Hartford and Providence, Rhode Island.
by James Sanna | Jan 6, 2025 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
The new owners of an office building near North Haven’s town green are eyeing a residential conversion, according to the brokerage in the sale.
by The Associated Press | Jan 6, 2025 | Banking & Lending, Digital Edition, Industry News, NEFMA Awards, Westchester News
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate.
by The Commercial Record | Dec 31, 2024 | Digital Edition, Industry News, NEFMA Awards, Westchester News
Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices. Here are some of the trends – and dead ends – that The Associated Press tracked in 2024.
by The Commercial Record | Dec 24, 2024 | CR Daily, Digital Edition, Industry News, NEFMA Awards, People, Residential, Residential Real Estate, Westchester News
A new analysis of data found that New Haven homeowners are among the most burdened by tax and insurance payments in the country.
by The Associated Press | Dec 24, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
A recent survey shows small business owners are feeling more optimistic about the economy following the election.
by James Sanna | Dec 23, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
The former general counsel of Stamford-based Webster Bank pleaded guilty in federal court Friday to charges he embezzled millions of dollars from several banks in Connecticut and New York.
by James Sanna | Dec 20, 2024 | Commercial & Industrial, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
A New Haven apartment complex has sold to a local investor for $10.25 million.
by Sam Lattof | Dec 20, 2024 | Banking & Lending, CR Daily, Digital Edition, Industry News, NEFMA Awards, Westchester News
American bank customers’ trust in national banks has grown, providing yet another challenge for local and regional banks looking to acquire new customers and deposits.