Coronavirus Coverage
The Commercial Record’s coverage of the coronavirus outbreak’s impact on the state’s real estate and finance industries, and the local economy.
Virus Aid Package Tests Whether Biden, Congress Can Deliver
By The Associated Press | January 28, 2021 | Reprints | Unlock LinkMore than a sweeping national rescue plan, President Joe Biden’s $1.9 trillion COVID-19 relief package presents a first political test – of his new administration, of Democratic control of Congress and of the role of Republicans in a post-Trump political landscape.
Biden’s Test: Engineering Economic Boom in a Partisan Divide
By The Associated Press | January 20, 2021 | Reprints | Unlock LinkBiden returns to the White House today as president a dozen years later with the economy battered and shaken by a pandemic. But this time is different – and it could reset the nation’s politics if Biden and Democrats can count on a level of growth not seen in a generation.
Yellen Pushes GOP Senators on $1.9T Relief Package
By The Associated Press | January 20, 2021 | Reprints | Unlock LinkJanet Yellen, President-elect Joe Biden’s choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.
Court: Lamont’s Shutdown Orders Are Legal
By The Associated Press | January 4, 2021 | Reprints | Unlock LinkThe Connecticut Supreme Court ruled Thursday that many of Gov. Ned Lamont’s shutdown orders related to the coronavirus pandemic are constitutional, thwarting a challenge from a pub owner.
Lamont Pleased So Far with State’s Vaccine Rollout
By The Associated Press | December 30, 2020 | Reprints | Unlock LinkGov. Ned Lamont and a top advisor said Monday they’re pleased so far with the pace of vaccinations in Connecticut despite concerns the nation is behind where it should be in the race to deliver the shots.
COVID Legislation Extends TDRs, Adjusts SBA Programs
By Diane McLaughlin | December 28, 2020 | Reprints | Unlock LinkAfter threatening last week to veto the bipartisan COVID-19 relief package, President Donald Trump signed the bill Sunday evening, paving the way for $600 economic aid payments and other provisions affecting banking and lending.
Developers Restructure 554-Unit Apartment Portfolio in Downtown Hartford
By Steve Adams | Commercial Record Staff | December 23, 2020 | Reprints | Unlock LinkDeveloper LAZ Investments LLC is expanding its multifamily portfolio with a 50-percent acquisition of 554 apartments in downtown Hartford.
Consumer Spending Drops 0.4 Percent, First Decline Since April
By The Associated Press | December 23, 2020 | Reprints | Unlock LinkU.S. consumer spending fell 0.4 percent in November, the first decline since April, as Americans confronted a newly resurgent virus.
Trump Threatens to Torpedo COVID Relief with New Demands
By The Associated Press | December 23, 2020 | Reprints | Unlock LinkPresident Donald Trump has threatened to torpedo Congress’ massive COVID-19 relief package in the midst of a raging pandemic and deep economic uncertainty, suddenly demanding changes fellow Republicans have opposed.
Bill Allows Second Draw PPP Loan
By Diane McLaughlin | December 22, 2020 | Reprints | Unlock LinkThe COVID-19 aid bill passed by Congress on Monday will allow small businesses hit hardest by the pandemic to take a second Paycheck Protection Program loan.
