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Home Sales Up Again With Double-Digit Increase For 7th Consecutive Month

Single-family home sales in the Nutmeg State rose 23.9 percent in May, according to the latest report from The Warren Group, publisher of The Commercial Record. A total of 2,921 single-family homes sold in Connecticut during the month, compared with 2,357 sold year-over-year. This marked the highest...

New Canaan

New Canaan Public Schools Break Ground On Saxe Middle School Renovation

Glastonbury-based S/L/A/M Construction Services took part in a recent groundbreaking to mark the beginning of a renovation and addition project at Saxe Middle School in New Canaan. The multi-phased project designed by JCJ Architecture consists of a 24,000-square-foot addition including STEM/science,...

smashburger

Popular Chain Brings Its Burgers To Southington

Smashburger recently celebrated the grand opening of its location in Southington – the fourth in Connecticut. The company has brought its business to 2,400 square feet of retail space at 832 Queen St. The restaurant offers burgers, chicken sandwiches, salads, fries and hand-spun shakes. The R. Ca...

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Homeowners Could Get Help With Crumbling Foundations

Homeowners in Connecticut are getting some help for crumbling foundations. Connecticut Attorney General George Jepsen said Wednesday the state has reached a deal with a handful of insurance companies to finance a program meant to compensate affected homeowners. The program is still being finalized, ...

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Black Rock Oyster Bar & Grill Sells For $1.3M

The Black Rock Oyster Bar & Grill in Fairfield was recently sold and will take on new owners and a new name. Ahabs Table LLC and Black Rock SoHo LLC have acquired the restaurant for $1.3 million and will continue to operate the property as a restaurant and bar. The 2,663 square-foot building at ...


30 US Bank Holding Companies Pass Fed’s Latest Stress Test

The capital plans of 30 of the largest bank holding companies in the U.S. recently passed muster in the Federal Reserve in its latest round of stress testing, but the U.S. arms of two international banks proved repeat offenders. “Over the six years in which [Comprehensive Capital Analysis and Review] has been in place, the...

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Coalition Says Mortgage Surcharges Gouge Buyers

Think of them as back-room surcharges that increase what you pay when you get a conventional home mortgage. They can also kill your loan application and make purchasing a house or condo much more difficult. Though you’ve probably never heard of “LLPAs” or “G-fees” – they’ve got eye-glazing names and aren’t always explained by loan...

Joseph Vallone

An Architect Who Became His Own Client

Joseph Vallone, AIA Title: Founder, Joseph Vallone Architects + Development Studio LLC Age: 58 Experience: 31 years   A career in architecture led seamlessly into the development world for Joseph Vallone. The New Jersey native and Pratt Institute graduate practiced architecture in New York City before moving to Westport in 1999 to start a fami...

Berkshire Bank To Move Into Jersey, Philly With Latest Deal

Berkshire Hills Bancorp’s announcement that it would expand into the New Jersey and Greater Philadelphia markets with its latest acquisition might be turning heads, but the deal nicely complements both Berkshire’s balance sheet and its previous moves, experts say. The holding company for Berkshire Bank announced Monday that it would purchase Fi...

Ion Bank Awards $40K In Nonprofit Grants

Ion Bank Foundation recently awarded $39,700 in grants to eight area nonprofits. The funds will be used to support a wide variety of projects and programs in the communities served by the bank. The recipients include: Children’s Community School – $5,000 Literacy Volunteers of Greater New Haven – $2,500 Mattatuck Museum – $3,500...