Report: Dime Bank CEO to Retire
The long-running CEO of Norwich-based Dime Bank plans to step down this fall.
CT Legislators Advance Affordable Housing Tax Break
Tax relief for affordable housing developments took a step forward in the state capitol last week.
Trump Seeks Greater Control of Fed with New Order
President Donald Trump is moving to give the White House direct control of independent federal corporate regulators.
Windsor Locks Hitches Growth to New Train Station
Where other passersby saw a 1980s-era strip mall in Windsor Locks’ faded former town center, Dan Drazen envisioned an opportunity.
Hartford Remains Sellers Markets Despite Nationwide Shift
While nationwide the market is shifting towards buyers, in New England sellers still have the upper hand due to a lack of inventory.
200K SF Warehouse Pitched in South Windsor
An LLC registered to a Florida residential address wants to build another large warehouse in South Windsor.
Fed Official: Need ‘Dust to Clear’ Before Deciding Next Moves
Austan Goolsbee, president of the Fed’s Chicago branch, said if tariffs don’t worsen inflation, rate cuts could resume.
New Haven Multifamily Complex Sells for $72M
One of the latest large-scale multifamily complexes to complete in New Haven’s latest building boom have fetched top dollar.
Nationwide Price Cuts Increase, But Not in CT
Prospective homebuyers are getting some relief amid high interest rates as price cuts are becoming more common nationwide. But the trend doesn’t appear to be affecting New England.
Storrs Grocery Plaza, Apartments Fetches $40M
A major insurance company bought three buildings in the Storrs Center development across from the University of Connecticut campus.
Fed Chair Says Bank Accounts ‘Safe’ Despite Trump’s Teardown of CFPB
Jerome Powell, testifying before the Senate Banking Committee, said “bank accounts overall across the economy are safe” and backed by government deposit insurance.
Report Says Bridgeport Stadium Could Bring $3.4B Boom
A proposed professional soccer stadium on Bridgeport’s waterfront could bring in nearly double its construction cost in economic benefits, according to a new study.
New CFPB Head Moves to Shut Down Agency Without Congressional OK
A Sunday night email ordered the bureau to “cease all supervision and examination activity,” effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.
Trump, Musk Demand Termination of Federal Office Leases
One of the next moves in President Donald Trump and Elon Musk’s sweeping effort to fire government employees and curtail operations is using the agency that manages thousands of federal employee worksites around the country to cut down on office space.
Manchester Officials Seek Developers for Downtown Parcel
Manchester officials have issued a request for proposals to the real estate industry for a 2.38-acre property at the southern gateway to the city’s Main Street.
Timex Relocates to Shelton Office Park
Famous watch company Timex Group has inked a lease for space in a Shelton office park to serve as its new headquarters.
What Does Halt to CFPB Work Mean for CT Banks?
President Donald Trump’s attempt Monday to shut down activity at the Consumer Financial Protection Bureau is raising questions about what it means for local financial institutions.
RMS Buys Land for Future Stamford Apartment Building
An affiliate of prolific local developer RMS Compaines has secured site control for its approved downtown Stamford apartment proposal.
Nationwide January Listings Bump Just Barely Touches CT
The local residential real estate market is getting a slight boost according to a new report from Realtor.com, but not much of one.
Finding Money to Rebuild After Disasters
Hurricanes, fires, floods: If you’re struck by one of these disasters, you’re going to need money. The good news is that there are numerous financial resources available.
