Commercial & Industrial
Bridgeport Luxury Apartments Break Ground
By James Sanna | January 17, 2024 | Reprints | Unlock Link
A big luxury apartment complex in Bridgeport’s Steelpointe Harbor redevelopment officially broke ground amid snow piles Tuesday, with elected officials praising the project as “transformative.”
RMS Prepares to Open Hartford Hotel-Apartment Conversion
January 16, 2024 | Reprints | Unlock LinkMajor Connecticut developer RMS Cos. is preparing to open its latest multifamily development, a hotel-to-apartment conversion in downtown Hartford.
With DEI Under Legal Attack, Companies Quietly Alter Programs
By Alexandra Olson, Haleluya Hadero and Anne D'Innocenzio | The Associated Press | January 16, 2024 | Reprints | Unlock LinkDiversity and inclusion experts say the legal backlash is already having a chilling effect over corporate efforts to address workplace inequality at a time when investment and interest in such initiatives have slowed following the post-Floyd surge.
Men Sentenced in $50M Hartford Apartment Mortgage Fraud
January 15, 2024 | Reprints | Unlock LinkTwo men were sentenced in federal court last week for what prosecutors called a “wide-ranging” mortgage fraud scheme involving 24 loans on “numerous” multifamily properties in Hartford.
Pro Soccer Team to Build Stadium on Bridgeport Harbor
By James Sanna | January 10, 2024 | Reprints | Unlock LinkThe newest team in the MLS NEXT professional soccer team wants to call Bridgeport home after redeveloping the city’s former greyhound racing track next to the Steelpointe Harbor redevelopment near downtown.
Report: New Hartford Mayor Aims for Business-Friendliness
January 8, 2024 | Reprints | Unlock LinkThe new mayor of Connecticut’s capitol city said his economic development strategy will hinge on making his administration easy for businesses to approach.
Fairfield Office Building Sells for $1.95M
By James Sanna | January 8, 2024 | Reprints | Unlock LinkSitting at a neighborhood crossroads near the town’s second Metro-North train station, 883 Black Rock Turnpike traded hands at the end of December.
Lamont Touts Train Investments’ TOD Potential
January 5, 2024 | Reprints | Unlock LinkGov. Ned Lamont took a well-publicized trip on the Hartford Line commuter rail service Thursday to urge towns and cities along transit routes to tout the transit-oriented developments the Hartford Line and others have spurred.
Fairfield Storefronts Fetch $2.44M
By James Sanna | January 5, 2024 | Reprints | Unlock LinkA single-story retail building in downtown Fairfield has traded hands for $2.44 million.
Report: New Haven Puts Train Station Rezoning on Pause
January 4, 2024 | Reprints | Unlock LinkJust before Christmas, city officials in New Haven temporarily rejected proposals to let a residential or commercial tower rise next to the city’s main Metro-North and Amtrak train station.
KeyBank Finances $90M New Haven Development
By James Sanna | January 2, 2024 | Reprints | Unlock LinkNew Haven’s latest large multifamily project is set to break ground after receiving financing from KeyBank.
CT Housing Permits Slightly Ahead of ’22
By James Sanna | December 27, 2023 | Reprints | Unlock LinkConnecticut towns and cities are slightly ahead of the tally of houses, condominiums and apartments they’d permitted during most of last year, according to new data.
Next Phase of Big Hartford Development to Kick Off Soon
By James Sanna | December 26, 2023 | Reprints | Unlock LinkOutgoing Hartford Mayor Luke Bronin got to celebrate a development Friday that won’t even break ground until he’s out of office, but for which his administration may be able to take a good measure of the credit.
The Secret Life of Gift Cards: Here’s What Happens to the Billions that Go Unspent Each Year
By Dee-Ann Durbin | The Associated Press | December 26, 2023 | Reprints | Unlock LinkGift cards make great stocking stuffers – just as long as you don’t stuff them in a drawer and forget about them after the holidays. And that’s just what Americans do with tens of billions of dollars’ worth of cards every year, in some cases adding big bucks to retailers’ bottom lines.
Bridgeport Industrial Building Fetches $1.8M
By James Sanna | December 22, 2023 | Reprints | Unlock LinkAn industrial building in Bridgeport has changed hands for $1.85 million according to a deed filed with the town clerk’s office.
Lamont Touts 2024 Tax Relief
By James Sanna | December 21, 2023 | Reprints | Unlock LinkSeveral tax cuts passed by legislators in the General Assembly earlier this year are set to go into effect in less than two weeks, and Gov. Ned Lamont wants to remind everyone about them.
Introducing the Winners of This Year’s CR’s Best
December 21, 2023 | ReprintsWinners in our annual reader’s choice poll aren’t determined by who conducts the most business, who has the most revenue or serves the most customers. Instead, it measures the loyalty and satisfaction our readers have with vendors in the real estate and banking fields.
Derby Program Offers Homeowners Solar Arrays with Equity Focus
By Steve Adams | Commercial Record Staff | December 20, 2023 | Reprints | Unlock LinkA partnership between the city of Derby and a Florida sustainable energy company will make it easier for low- and middle-income residents to convert their properties to solar energy.
New Haven Coliseum Project Gets $1M State Cleanup Grant
By James Sanna | December 19, 2023 | Reprints | Unlock LinkState grant funding will help New Haven’s latest new-build life sciences development get out of the ground. Or, more accurately, it will help the project’s developer get the ground out of the site.
Manchester Shopping Plaza Fetches $19M
December 18, 2023 | Reprints | Unlock LinkThe Manchester Parkade shopping center has changed hands for $19.2 million.
