Commercial & Industrial
Consumer Confidence Rises Despite Trade War
By The Associated Press | May 28, 2019 | Reprints | Unlock LinkAmerican consumers felt more confident this month, shrugging off a rocky stock market and heightened trade tensions between the United States and China.
Manchester’s Third Brewery to Open This Summer
May 24, 2019 | Reprints | Unlock LinkA new brewery with an outdoor patio is coming to downtown Manchester later this summer.
Ribbon Cut on First of Five New Haven Multifamily Buildings
May 24, 2019 | Reprints | Unlock LinkRMS Cos. is building five apartment buildings on once-empty lots in a neighborhood that links downtown New Haven to its train station.
Democratic Lawmakers Ask Lamont to Back Capital Gains Tax
By The Associated Press | May 24, 2019 | Reprints | Unlock LinkMore than five dozen Democratic state representatives and senators are asking Gov. Ned Lamont to support a surcharge on capital gains income earned by wealthy Connecticut taxpayers.
Senate Passes Family Leave Bill Despite Lamont’s Veto Threat
By The Associated Press | May 23, 2019 | Reprints | Unlock LinkThe bill cleared the Democratic-controlled Senate on a mostly partisan 21-15 vote. Lamont expressed concern the legislation would discourage private insurance companies from bidding on the project, leaving the state to run the program.
Bridgeport Community Developer Names New CEO
May 23, 2019 | Reprints | Unlock LinkAffordable housing developer The Bridgeport Neighborhood Trust has selected a new CEO, who it called a “successful cross-sectoral executive and social entrepreneur,” to take the reins of the nonprofit.
New Haven Mayoral Candidates Lay Into Landlords at Forum
May 23, 2019 | Reprints | Unlock LinkSome of New Haven’s residential landlords came in for heavy criticism at a recent mayoral candidate forum.
Transforming Main Street from Eyesore to Economic Engine
By Steve Adams | Commercial Record Staff | May 23, 2019 | Reprints | Unlock LinkAs CEO of the Connecticut Main Street Center, Patrick McMahon works with its 80-member communities on strategies to help landlords fill vacant spaces and build housing and mixed-use developments in walkable and transit-oriented neighborhoods.
Dressbarn Closing 18 Connecticut Stores as Company Folds
May 22, 2019 | Reprints | Unlock LinkMajor women’s fashion retailer Dressbarn, founded in Stamford over 50 years ago and with 18 locations still in Connecticut, is closing.
Lamont Puts Off Tolls for Special Session
By The Associated Press | May 22, 2019 | Reprints | Unlock LinkGov. Ned Lamont on Tuesday called on Connecticut lawmakers to focus on reaching a state budget deal in the remaining two weeks of the legislative session and tackle electronic tolls in a special legislative session.
Farmington Commercial Building Sells for $362K
May 22, 2019 | Reprints | Unlock LinkA 3,520-square-foot Farmington commercial building has sold for $362,000.
Wynn, MGM Call Off Boston Casino Sale Talks Over Local ‘Anxiety’
By State House News Service | May 22, 2019 | Reprints | Unlock LinkThe discussions between Wynn Resorts and MGM Resorts around a possible sale of the soon-to-open Encore Boston Harbor casino in Everett are over and Wynn Resorts says it is committed to its Boston-area project.
New York Investor Buys Three Litchfield County Properties for $12.4M
By Steve Adams | Commercial Record Staff | May 21, 2019 | Reprints | Unlock LinkThree apartment communities in northwestern Connecticut have been acquired for a combined $12.4 million.
Major New Haven Landlord Sued Over Sex Abuse Judgement
May 21, 2019 | Reprints | Unlock LinkA major New Haven landlord is being sued by a former yeshiva student who accused him of sexual abuse and is now trying to collect millions of dollars in civil damages.
Toll Bill’s Complexity Could Delay Vote
By The Associated Press | May 21, 2019 | Reprints | Unlock LinkConnecticut lawmakers and Gov. Ned Lamont are trying to craft a complicated plan in the waning days of the legislative session that could lead to electronic tolls on a handful of highways, a process that’s been made more challenging by the need to ultimately obtain federal approval.
Stonington Commission Gives Boost to 11-Acre Mystic Development
May 20, 2019 | Reprints | Unlock LinkA proposed redevelopment of an 11-acre Mystic boat yard got a boost last week when the Stonington Economic Development Commission unanimously backed the project.
Major Mortgage Company Expands to Southport
May 20, 2019 | Reprints | Unlock LinkMortgage company Guaranteed Rate Inc. has opened a new office on Southport.
Three-Acre Commercial Project Planned in East Hartford
May 20, 2019 | Reprints | Unlock LinkA vacant lot and the location of a billboard, plus several houses, is in line to become a new mixed-use development by East Hartford’s Goodwin College.
Owner of Apartment Complex Facing Housing Violations
By The Associated Press | May 20, 2019 | Reprints | Unlock LinkThe owner of an apartment complex in Hartford is due in housing court to face a range of building code violations.
Wynn in Talks to Sell Boston Casino
By Steve Adams | Commercial Record Staff | May 20, 2019 | Reprints | Unlock LinkAfter agreeing to pay a $35 million fine for misleading state regulators, and just five weeks before a grand opening, Wynn Resorts is in talks to sell its $2.6 billion Encore Boston Harbor casino in Everett.
