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CT’s Smallest City Finds Room for Housing Production

CT’s Smallest City Finds Room for Housing Production

by Steve Adams | May 12, 2023 | Commercial & Industrial, CR Daily, Industry News

While some Nutmeg State communities fight modest proposals for multifamily housing, the tiny southeastern Connecticut city of New London is welcoming new projects delivering hundreds of apartments to long-neglected parcels.

Developments Win $99M in State Grants

Developments Win $99M in State Grants

by The Commercial Record | Apr 7, 2023 | Commercial & Industrial, CR Daily, Industry News

A range of real estate developments and infrastructure projects landed a total of $99 million in grant funding via the State Bond Commission.

Lamont Plugs $600M Housing Plans in Bridgeport

Lamont Plugs $600M Housing Plans in Bridgeport

by The Commercial Record | Feb 17, 2023 | Commercial & Industrial, CR Daily, Industry News

Gov. Ned Lamont visited Bridgeport Thursday to tout a piece of his two-year budget proposal that would dramatically expand state spending on housing development.

Lamont Asks to Add $200M to State’s Housing Spend

Lamont Asks to Add $200M to State’s Housing Spend

by James Sanna | Feb 13, 2023 | Commercial & Industrial, CR Daily, Industry News

With the state in a housing inventory crunch and short significant numbers of affordable rental units, Gov. Ned Lamont told state legislators to invest in housing production.

Developments Win $99M in State Grants

Lamont’s Budget to Include Permanent Income Tax Cuts

by The Associated Press | Feb 7, 2023 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Connecticut Gov. Ned Lamont announced Monday his new two-year budget plan will include the state’s first personal income tax rate reduction since 1996, one of several tax relief proposals he will officially unveil to the General Assembly on Wednesday.

Insurance Firm Expands Over Two Floors in Hartford Tower

Insurance Firm Expands Over Two Floors in Hartford Tower

by James Sanna | Jan 10, 2023 | Commercial & Industrial, CR Daily, Industry News

A Hartford insurance firm is expanding its footprint downtown by 33 percent in the iconic Gold Building, welcome news at a time when the city’s office market is struggling.

Developments Win $99M in State Grants

Lamont to Seek Tax Cut in Second Term

by Steve Adams | Jan 5, 2023 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Sworn into office for a second four-year term, Connecticut Gov. Ned Lamont on Wednesday called on state legislators to pass a “meaningful middle class tax cut,” saying it’s time for the state to refocus on economic growth and opportunity

Lamont Asks to Add $200M to State’s Housing Spend

Gov. Ned Lamont Sworn in for Second Term

by The Associated Press | Jan 4, 2023 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

As Connecticut Gov. Ned Lamont embarks on a second term in office Wednesday, he faces a larger majority of fellow Democrats in the General Assembly and a rosier state budget picture compared to when he first took office in 2019, given the state’s record cash reserves and a projected $1 billion operating surplus.

Lamont Names New Economic Development Chief

Lamont Names New Economic Development Chief

by The Commercial Record | Nov 18, 2022 | Commercial & Industrial, CR Daily, Industry News

With his top economic development official planning to step down in January, Gov. Ned Lamont has named a new person to lead the state Department of Economic and Community Development for his second term in office.

Fresh Off Victory, Lamont Considers Gas Tax Cut Extension

Fresh Off Victory, Lamont Considers Gas Tax Cut Extension

by The Associated Press | Nov 10, 2022 | Banking & Lending, CR Daily, Industry News

Connecticut Gov. Ned Lamont, hours after winning a second term, said Wednesday he is considering additional steps to help make life more affordable for residents, including extending the state’s gas tax holiday beyond its looming Dec. 1 expiration date.

Lamont Asks to Add $200M to State’s Housing Spend

Lamont Wins Second Term

by The Associated Press | Nov 9, 2022 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Democrat Ned Lamont has won reelection as Connecticut governor, defeating Republican businessman Bob Stefanowski for the second time in four years following a campaign battle that focused on abortion access, crime and the cost of living.

Developments Win $99M in State Grants

Tax Cut Promises vs. CT ‘Getting Its Mojo Back’: Guv Candidates Offer Different Visions

by The Associated Press | Nov 8, 2022 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News

In rematch of the election he won four years ago, Connecticut Gov. Ned Lamont is hoping to fend off Republican businessman Bob Stefanowski.

Lamont Asks to Add $200M to State’s Housing Spend

Lamont Earned More than $54M in 2022

by The Associated Press | Oct 24, 2022 | Banking & Lending, CR Daily, Industry News

Newly released tax documents show Connecticut Gov. Ned Lamont, a former cable television entrepreneur, earned more than $54 million last year, most of it from investment earnings.

Developments Win $99M in State Grants

State’s Realtors Endorse Lamont

by James Sanna | Sep 16, 2022 | CR Daily, Industry News, Residential Real Estate

The state’s real estate professionals have picked their man in this fall’s election.

Windsor Locks Breaks Ground on Key Project: a New Train Station

Windsor Locks Breaks Ground on Key Project: a New Train Station

by The Associated Press | Sep 15, 2022 | Commercial & Industrial, CR Daily, Industry News

Gov. Ned Lamont was on hand Wednesday to kick off construction on a project Windsor Locks officials hope will spur more development in their town: a new train station.

M&T Bank Hires Lamont Communications Advisor

M&T Bank Hires Lamont Communications Advisor

by The Associated Press | Jul 27, 2022 | Banking & Lending, CR Daily, Industry News

Max Reiss, the face of Connecticut Gov. Ned Lamont’s administration for the past three years, said Tuesday he is leaving next month to take a new position at one of the biggest banks in the state.

Shoreline Towns Get Commuting Boost with New Trains

Shoreline Towns Get Commuting Boost with New Trains

by James Sanna | May 24, 2022 | CR Daily, Industry News, Residential Real Estate

The coastal towns to New Haven’s east will see their commutes into New Haven and elsewhere improve significantly with the replacement of aging diesel-powered trains with electric units, state officials said yesterday.

CT Launches Mortgage Relief Program

CT Launches Mortgage Relief Program

by The Commercial Record | May 9, 2022 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

As concerns about a recession caused by interest rate hikes rise, Gov. Ned Lamont’s office announced a new relief program for homeowners struggling with their mortgages.

GOP Backs Klarides for U.S. Senate; Dems Endorse Lamont for Second Term

GOP Backs Klarides for U.S. Senate; Dems Endorse Lamont for Second Term

by The Associated Press | May 9, 2022 | CR Daily, Executive Briefing, Industry News

Connecticut Republicans endorsed former state House Minority Leader Themis Klarides, a moderate on social issues, to challenge two-term Democratic U.S. Sen. Richard Blumenthal in November. But she will still face a primary in August after two social conservatives received enough delegate support on Saturday.

Connecticut House Approves $26K Pay Raise for Lawmakers

Connecticut House Approves $26K Pay Raise for Lawmakers

by The Associated Press | May 4, 2022 | Banking & Lending, CR Daily, Industry News

Connecticut’s General Assembly voted Tuesday to give lawmakers and the state’s constitutional officers their first pay raises in more than two decades.

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