Commercial & Industrial
UConn Student Apartments Sell for $14M
March 28, 2019 | Reprints | Unlock LinkA Willington apartment complex aimed at University of Connecticut students has sold for $14.35 million.
Lease Inked for 12K SF New Haven Commercial Property
March 28, 2019 | Reprints | Unlock LinkTwo tenants have signed leases for nearly 12,000 square feet in a commercial building located in a predominantly industrial area of New Haven near the city’s downtown.
State Senate OKs Former Goldman Sachs Exec as Economic Development Head
By The Associated Press | March 28, 2019 | Reprints | Unlock LinkState lawmakers on Wednesday confirmed a former Goldman Sachs executive as the state’s new economic development chief, despite initial questions about his role in the national economic meltdown of 2007-08.
Meriden Project Combines Transit, Affordability and Green Construction
By Steve Adams | Commercial Record Staff | March 28, 2019 | Reprints | Unlock LinkIn Meriden, developer Pennrose is buying into the downtown’s future potential as it moves ahead on the second phase of Meriden Commons, a 151-unit apartment complex built on 1.7 acres near the city’s CTfastrak station.
Revamped Danbury Office Campus Lands Two Tenants
March 27, 2019 | Reprints | Unlock LinkA 100-acre former corporate headquarters that’s being repositioned as a mixed-use complex with housing and event space has signed leases with two new office tenants for a total of 36,000 square feet.
Hartford City Council OKs Deal With South Green Developer
March 27, 2019 | Reprints | Unlock LinkA proposed 108-unit development south of downtown Hartford took a step forward Tuesday night after the city council backed a development agreement for the project.
Architects Target More Connecticut Business With New Hartford Office
March 27, 2019 | Reprints | Unlock LinkA 145-year-old architectural firm that specializes in education, health care and urban development projects has opened its first Hartford office to expand its presence in Connecticut and western Massachusetts.
Connecticut Landlord Pleads Guilty to Tax Evasion
March 26, 2019 | Reprints | Unlock LinkA Florida man who owns a 100-unit Naugatuck apartment complex plead guilty Monday to tax evasion in federal court in Bridgeport.
Report: East Windsor Casino Plan Still Faces Zoning Lawsuit
March 26, 2019 | Reprints | Unlock LinkAn East Windsor casino proposed by the Mashantucket Pequot and Mohegan tribes may now have the go-ahead from the federal government, but it still faces a lawsuit from an abutter before the proposal advances any further.
Residents Decry Decay at Once-Illustrious Hartford Condominium
By The Associated Press | March 26, 2019 | Reprints | Unlock LinkRecent condominium unit sales at the Bushnell Tower are going for double for what a comparable unit at Bushnell on the Park would fetch in a sale. A one-bedroom at Bushnell Tower would likely sell for $150,000 to $180,000 compared with $85,000 at Bushnell on the Park.
New Milford Contractor Sentenced to 18 Months for Tax Evasion
March 25, 2019 | Reprints | Unlock LinkA New Milford businessman was sentenced in federal court last week for tax evasion.
Stamford Harbor Point Supermarket Property for Sale
March 25, 2019 | Reprints | Unlock LinkThe property hosting the only supermarket in Stamford’s Harbor Point is now for sale.
First Vote on Recreational Marijuana Planned
By The Associated Press | March 25, 2019 | Reprints | Unlock LinkConnecticut lawmakers are poised to cast the first vote of the legislative session on a bill that could legalize recreational marijuana in Connecticut.
Survey: Business Economists See Slowdown in Growth This Year
By The Associated Press | March 25, 2019 | Reprints | Unlock LinkThe nation’s business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that growth will accelerate this year and next.
New Haven Releases Waterfront Plan, Envisions Massive Development
March 22, 2019 | Reprints | Unlock LinkNew Haven city officials released a new plan for the city’s waterfront Tuesday which envisions over 500,000 square feet of commercial development and 4,600 new housing units.
Connecticut Tribes Receive Federal Go-Ahead for Casino
By The Associated Press | March 22, 2019 | Reprints | Unlock LinkConnecticut’s two federally recognized tribes have received long-awaited approval from the federal government to push ahead with plans for an off-reservation casino in East Windsor.
Labor Report: Connecticut Lost 400 Net Jobs in February
By The Associated Press | March 22, 2019 | Reprints | Unlock LinkA state report shows Connecticut lost 400 net jobs in February, an estimate that comes weeks after revised figures dramatically cut the state’s 2018 job gains.
Connecticut Tolls Clear First Legislative Vote of Session
By The Associated Press | March 22, 2019 | Reprints | Unlock LinkConnecticut lawmakers voted Wednesday to advance legislation that could lead to electronic tolls on some highways, but it remained unclear whether 2019 is the year tolling legislation will finally pass the General Assembly.
Mosque Considers Appeal of Denied Permit in Meriden
By The Associated Press | March 22, 2019 | Reprints | Unlock LinkA Connecticut mosque that was denied a request to open a new place of worship at a vacant location is considering an appeal.
WWE to Move its Stamford Headquarters
March 21, 2019 | Reprints | Unlock LinkWrestling entertainment company WWE announced Wednesday it is moving on from its well-known East Stamford office building along Interstate 95.
