Commercial & Industrial
New Haven Mayor Loses Reelection Bid in Race With Development Focus
By The Associated Press | November 6, 2019 | Reprints | Unlock LinkThe mayor of New Haven has lost her bid for reelection while incumbent mayors in Bridgeport and Hartford are declaring victory.
Report: At Greenwich Forum Ray Dalio Calls Capitalism a ‘Broken’ System
November 6, 2019 | Reprints | Unlock LinkAt an economic forum in Greenwich Tuesday, star hedge fund manager and Greenwich resident Ray Dalio said the world’s bedrock economic system was “broken.”
US Productivity Falls for First Time in Nearly Four Years
By The Associated Press | November 6, 2019 | Reprints | Unlock LinkAmerican workers were less efficient in the July-September quarter, pushing down productivity for the first time since late 2015.
Landmark New Haven Waterfront Offices Head to Auction
By Steve Adams | Commercial Record Staff | November 5, 2019 | Reprints | Unlock LinkA New Haven waterfront property that formerly housed AT&T and Frontier Communications offices is offered for sale in an online auction this week.
Judge: Stamford Insurer Doesn’t Have to Pay in Boat Sinking Case
By The Associated Press | November 5, 2019 | Reprints | Unlock LinkA man at the center of an inheritance dispute contributed to the 2016 sinking of the boat from which his mother was lost at sea, a federal judge ruled Monday.
Amazon to Open Stratford Distribution Center
November 5, 2019 | Reprints | Unlock LinkAmazon will open its latest distribution center in Stratford in a pair of spaces totalling 195,000 square feet, the town’s mayor announced yesterday.
Wallingford Hotel OK’d
November 4, 2019 | Reprints | Unlock LinkA 105-room hotel has been approved by the Wallingford Planning and Zoning Commission.
State Launches Effort to Promote CT’s Opportunity Zones
November 4, 2019 | Reprints | Unlock LinkState officials are trying to highlight the many federal Opportunity Zones in Connecticut in an effort to draw investments before the program sunsets.
Ex-WWE Headquarters Sells for $15.15M
November 1, 2019 | Reprints | Unlock LinkA 7-story, 177,000-square-foot office building that once served as the headquarters of WWE in Stamford has sold for $15.5 million
Stratford Industrial Space Leases to Rental Company
November 1, 2019 | Reprints | Unlock LinkArcade Specialties, a game and prop rental company, is relocating to Stratford, following the signing of a lease for an industrial building there.
Aerospace Manufacturer Plans Expansion in New Britain
By The Associated Press | November 1, 2019 | Reprints | Unlock LinkA Connecticut aerospace manufacturer plans to increase its workforce by 50 percent or more over the next three years.
US Added a Solid 128,000 Jobs in October
By The Associated Press | November 1, 2019 | Reprints | Unlock LinkU.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused tens of thousands of workers to be temporarily counted as unemployed.
1M SF Mixed-Use Project Breaks Ground in Avon
October 31, 2019 | Reprints | Unlock LinkThe first phase of a million-square-foot town center-style mixed use development in Avon got underway yesterday with a ceremonial groundbreaking.
New Haven Committee Backs Revised Developer Tax Deferral Program
October 31, 2019 | Reprints | Unlock LinkA New Haven Board of Alders committee voted unanimously to back changes to the city’s tax deferral program for new developments, which was set to expire at the end of this year.
Report: No Tolls CT Ramps Up Campaign Against Lamont Transpo Plan
October 31, 2019 | Reprints | Unlock LinkDespite reducing the number of toll gantries in his soon-to-be-released plan to fund much-needed repairs to the state’s transportation, Gov. Ned Lamont appears not to have been able to quench the fires of opposition that doomed his last plan.
Hartford Tower Owner Seeks Tax Abatement for $7.5M Renovation
October 30, 2019 | Reprints | Unlock LinkThe new owner of a 15-story ex-state office building in Hartford is asking the city for a tax abatement as it plans a $7.5 million renovation.
Lamont Creates Panel to Transform Workforce Training
By The Associated Press | October 30, 2019 | Reprints | Unlock LinkConnecticut Gov. Ned Lamont has signed an executive order that creates an entity charged with coming up with a plan for better coordination between state government agencies and the business community.
Statewide Housing Starts Up 10 Percent Year-Over-Year
By James Sanna | October 29, 2019 | Reprints | Unlock LinkThree-quarters of the way through 2019, Connecticut cities and towns have permitted over 10 percent more housing units than they had by the end of September 2018
Choyce Peterson Promotes O’Connell to Vice President
October 29, 2019 | Reprints | Unlock LinkChoyce Peterson Inc., a commercial real estate brokerage based in Norwalk, announced it has promoted Charlene S. O’Connell to vice president after spearheading the firm’s marketing and operations for the past four years.
Lamont Hopes to Get ‘Final Feedback’ on Transportation Plan
By The Associated Press | October 29, 2019 | Reprints | Unlock LinkDemocratic Gov. Ned Lamont says he’s meeting privately with legislative leaders all week to discuss his preliminary transportation plan.
