Industry News
Trump’s Massive Import Taxes Haven’t Done Much Economic Damage – Yet
By Paul Wiseman, Christopher Rugaber and Anne D'Innocenzio | The Associated Press | May 20, 2025 | Reprints | Unlock LinkFor now, the disconnect has businesses and consumers struggling to reconcile what they were told to expect, what the numbers say and what they are seeing on the ground.
Unhappy Agents Voice Concerns
By Lew Sichelman | May 19, 2025 | Reprints | Unlock LinkAccording to the surprisingly candid results of a survey delving into agents’ psyche by the Redfin brokerage firm, half expect their fees to fall in the coming months.
Innovation Helped CT’s Top LOs Win
By Sam Minton | May 19, 2025 | Reprints | Unlock LinkThe state’s loan originators had to deal with high interest rates and low inventory as they tried to get their customers into homes but were still able to succeed in 2024.
Historic Tax Credits Help Pay for Hartford Office-to-Housing Conversion
By Steve Adams | Commercial Record Staff | May 16, 2025 | Reprints | Unlock LinkDevelopers broke ground on the transformation of a pair of century-old former state office buildings into a mixed-income apartment community in downtown Hartford.
Thomaston Savings Bank Partners With Paige to Simplify Legacy Planning
By Sam Minton | May 16, 2025 | Reprints | Unlock LinkThomaston Savings Bank has partnered with Paige, a legacy planning platform, to offer streamlined estate planning services to families and businesses across Connecticut.
Danbury Food Pantry Completes Big Expansion
By Steve Adams | Commercial Record Staff | May 13, 2025 | Reprints | Unlock LinkDaily Bread Food Pantry has expanded to a new location in a former Danbury military museum after signing a lease with landlord Orlando Properties.
Why It Matters That CT’s Sold Homes Are Getting Older
By James Sanna | May 13, 2025 | Reprints | Unlock LinkA lack of new construction in Connecticut has created an unusual piece of trivia: New Haven-area homes sold last year are among the oldest in the nation.
Fed Official Sees Signs of Slowing Economy
By Christopher Rugaber | The Associated Press | May 12, 2025 | Reprints | Unlock LinkA top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending.
Norwalk’s Tallest Building Getting Golf Lounge Venue
May 12, 2025 | Reprints | Unlock LinkAs it expands across New York City’s suburbs and exurbs, a national chain of golf-based entertainment venues is planning to open a spot in Norwalk’s tallest building.
New England Remain Equity-Rich in First Quarter
By James Sanna | May 9, 2025 | Reprints | Unlock LinkHomes in New England are among the most equity-rich in the nation, according to a new report from Attom.
Feds Pick Downtown Hartford Parking Lot for Future Courthouse Site
By James Sanna | May 9, 2025 | Reprints | Unlock LinkThe site will ultimately host a 281,000-square-foot building with enough space to meet the federal courts’ needs for the next 30 years.
The Green Mirage Sweeping America
By Lew Sichelman | May 8, 2025 | Reprints | Unlock LinkA deceptive calling campaign is sweeping the country, costing homeowners hundreds of thousands of dollars in mortgage fraud, according to a federal watchdog.
Waiting for the Big Office Reset
By Steve Adams | Commercial Record Staff | May 8, 2025 | Reprints | Unlock LinkUncertainty continues to linger over Connecticut’s office market. Christopher Ostop helps landlords and tenants navigate the fog in his role as managing director of JLL’s Hartford office since 2017.
Stamford OKs Plan to Turn Ex-WWE Studios into Warehouse
By James Sanna | May 7, 2025 | Reprints | Unlock LinkThe former filming location for professional wrestling matches is slated to become a warehouse under redevelopment plans approved by the city in recent weeks.
Federal Reserve Faces Tough Balancing Act on Rates
By Christopher Rugaber | The Associated Press | May 7, 2025 | Reprints | Unlock LinkThe Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.
Norwalk Mixed-Use Building Sells for Potential Redevelopment
By James Sanna | May 6, 2025 | Reprints | Unlock LinkA small South Norwalk office-residential building next to a large development has traded hands for $3 million.
Manchester CU, California CU to Merge
By James Sanna | May 6, 2025 | Reprints | Unlock LinkNortheast Family Federal Credit Union and Self-Help Credit Union (Self-Help) announced their merger Monday.
Multifamily Construction Up in CT’s Biggest Metros
By Sam Minton | May 5, 2025 | Reprints | Unlock LinkFairfield County and the Hartford area are both seeing more housing construction than before the pandemic.
Trump Administration Swiftly Undoing HUD’s Transgender Protections
By James Sanna | May 5, 2025 | Reprints | Unlock LinkThe Trump administration is swiftly remaking housing policy as the U.S. Department of Housing and Urban Development retreats from long-established fair-housing protections for transgender people.
Amazon Drops $20M on Enfield Permitted Site
By James Sanna | April 30, 2025 | Reprints | Unlock LinkTariffs or no tariffs, internet retail giant took a step towards building more warehouse capacity in one of the towns that makes up Connecticut’s distribution center hub.
