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105 Apartments Pitched for Downtown New Haven

105 Apartments Pitched for Downtown New Haven

by James Sanna | Feb 25, 2020 | Commercial & Industrial, CR Daily, Industry News

A prominent New Haven landlord is hoping to build over 100 apartments on an L-shaped parcel in the city’s downtown.

Derby OK’s Mixed-Use Downtown Makeover

Derby OK’s Mixed-Use Downtown Makeover

by The Commercial Record | Feb 19, 2020 | Commercial & Industrial, CR Daily, Industry News

Add Derby to the list of Naugatuck Valley towns getting a new mixed-use development.

Report: Trumbull Apartment Moratorium to Continue

Report: Trumbull Apartment Moratorium to Continue

by The Commercial Record | Jan 20, 2020 | Commercial & Industrial, CR Daily, Industry News

Trumbull officials aren’t yet ready to welcome more apartment developments into their town’s limits.

Connecticut Housing Permits Up 1.2K Over 2018

Connecticut Housing Permits Up 1.2K Over 2018

by James Sanna | Dec 30, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Homebuilding and multifamily construction is headed for another banner year in Connecticut, with the number of housing units permitted through Nov. 30 up 1,222 over the same time last year.

Report: 220 Apartments Coming to Bridgeport

Report: 220 Apartments Coming to Bridgeport

by The Commercial Record | Dec 30, 2019 | Commercial & Industrial, CR Daily, Industry News

Slowly, Bridgeport’s long-empty Steelpoint Harbor development is moving forward with the addition of over 200 new apartments.

Mixed-Use Project OK’d for Shelton Bank Branch Site

Mixed-Use Project OK’d for Shelton Bank Branch Site

by The Commercial Record | Dec 23, 2019 | Commercial & Industrial, CR Daily, Industry News

The site of a Webster Bank branch in downtown Shelton could soon become a 5-story mixed-use building following a vote by a city board.

371-Unit New Haven Apartment Project Gets Go-Ahead

371-Unit New Haven Apartment Project Gets Go-Ahead

by The Commercial Record | Dec 19, 2019 | Commercial & Industrial, CR Daily, Industry News

A large luxury apartment complex proposed for an abandoned factory site near New Haven’s Science Park area received a key approval needed before it can seek building permits last night. 

Report Finds Stamford Now Majority-Renter

Report Finds Stamford Now Majority-Renter

by The Commercial Record | Dec 16, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Stamford’s multifamily boom is reshaping the city’s demographics, with a new report finding more of the city’s residents rent than own homes.

Finish Line in Sight for Bridgeport Historic Redevelopment

Finish Line in Sight for Bridgeport Historic Redevelopment

by The Associated Press | Dec 16, 2019 | Commercial & Industrial, CR Daily, Industry News

A landmark redevelopment in downtown Bridgeport is nearing completion after years in the works, bringing 104 apartments and 8,000 square feet of retail space to a once-abandoned block near the city’s post office.

Derby OK’s Mixed-Use Downtown Makeover

215-Unit Mixed-Use Project Pitched for Derby

by James Sanna | Dec 2, 2019 | Commercial & Industrial, CR Daily, Industry News

A former industrial site a stone’s throw from downtown Derby is in line to be transformed into a mixed-use project.

371-Unit New Haven Apartment Project Gets Go-Ahead

Developer Behind 400-Unit New Haven Project Promises Affordability

by The Commercial Record | Dec 2, 2019 | Commercial & Industrial, CR Daily, Industry News

The developer behind a large New Haven multifamily project promised community members at least 10 percent of the building’s units would be set aside as affordable housing.

US Construction Spending Falls 0.8 Percent in October

US Construction Spending Falls 0.8 Percent in October

by The Associated Press | Dec 2, 2019 | Commercial & Industrial, CR Daily, Industry News

Spending on U.S. construction projects fell 0.8 percent in October, dragged down by declines in apartment and multi-family homebuilding.

102-Unit Mixed-Use Building Planned in Downtown New Haven

102-Unit Mixed-Use Building Planned in Downtown New Haven

by James Sanna | Nov 7, 2019 | Commercial & Industrial, CR Daily, Industry News

A New Rochelle-based developer has proposed a 102-unit mixed-use building on the site of a pair of downtown New Haven parking lots.

New Haven Mayor Loses Reelection Bid in Race With Development Focus

New Haven Mayor Loses Reelection Bid in Race With Development Focus

by The Associated Press | Nov 6, 2019 | Commercial & Industrial, CR Daily, Industry News

The mayor of New Haven has lost her bid for reelection while incumbent mayors in Bridgeport and Hartford are declaring victory.

Report: Trumbull Apartment Moratorium to Continue

US Home Construction Fell 9.4 Percent Last Month

by The Associated Press | Oct 17, 2019 | Commercial & Industrial, CR Daily, Industry News

U.S. home building fell last month, driven by a sharp decline in the construction of new apartments.

Stamford Apartment Tower Gets $97.5M Construction Loan

Stamford Apartment Tower Gets $97.5M Construction Loan

by Steve Adams | Oct 3, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Executive Briefing, Residential Real Estate

A $97.5 million floating rate construction loan from Bank OZK will finance development of a 26-story apartment complex in downtown Stamford.

Berlin OK’s Mixed-Use TOD Project

Berlin OK’s Mixed-Use TOD Project

by The Commercial Record | Sep 26, 2019 | Commercial & Industrial, CR Daily, Industry News

A 4.02-acre site near Berlin’s Hartford Line train station will soon become a new mixed-use project following the city planning and zoning commission’s unanimous backing on Sept. 19.

Report: One in Four NYC Luxury Units Unsold

Report: One in Four NYC Luxury Units Unsold

by The Commercial Record | Sep 13, 2019 | Commercial & Industrial, CR Daily, Industry News

A new analysis of real estate sales by the New York Times has found about one in four New York City luxury condominium units remain unsold despite a continued building boom in the city.

New Haven Could Shrink Development Tax Benefit

New Haven Could Shrink Development Tax Benefit

by The Commercial Record | Sep 6, 2019 | Commercial & Industrial, CR Daily, Industry News

New Haven officials are weighing whether to modify a tax benefit for developments that significantly improve a parcel’s property tax assessment. 

At Mid-Year, Statewide Housing Permits Up 7 Percent

At Mid-Year, Statewide Housing Permits Up 7 Percent

by James Sanna | Aug 29, 2019 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Halfway through 2019, Connecticut cities and towns have permitted over 7 percent more housing units than they had by the end of July 2018,

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