Developer Buys Hartford’s ‘Flatiron’ Building for $400K
By James Sanna | February 21, 2020 | Reprints | Unlock Link 
A New York City developer has bought an 8660-square-foot, triangular lot next to a planned series of developments in Hartford’s Downtown North neighborhood for $400,000.
Lamont Drops Proposal for Highway Tolls, Blames Legislative Indecision
By The Associated Press | February 20, 2020 | Reprints | Unlock Link
Gov. Ned Lamont announced Wednesday he is dropping his plan for highway tolls for trucks, expressing frustration with legislative leaders who have delayed a vote on the issue.
CRA Comment Period Extended Following Outcry
By Diane McLaughlin | February 20, 2020 | Reprints | Unlock Link
The FDIC and Office of the Comptroller of the Currency have changed course and extended the public comment period for proposed changes to the Community Reinvestment Act (CRA). Comments will be accepted until April 8.
Moving Up the Ladder in Home Construction
By Steve Adams | Commercial Record Staff | February 20, 2020 | Reprints | Unlock Link
Robert Wiedenmann Jr. caught the entrepreneurial bug early on, founding his own roofing and siding company in 1978. Now, he’s a real estate developer and president of Sunwood Development.
Report: Key Committee Backs Mystic Seaport Hotel Plan
The Stonington Economic Development Commission unanimously voted to support a plan from the Mystic Seaport Museum to build a three-story restaurant-hotel building nearby.
Bank Backs Off Monitoring Workers’ Bathroom Breaks
London-based bank Barclays backed away Thursday from a software program that monitored an employee’s productivity – including bathroom breaks – after privacy campaigners described it as “creepy.”
Contractor Sentenced for Improper Lead Paint Removal
February 20, 2020 | Reprints | Unlock Link
A Massachusetts contractor convicted of improperly removing lead paint at 10 Connecticut job sites will serve five years of probation and pay a fine of $50,000.
Connecticut Companies Launch Interactive Teller Machine Solution
By The Commercial Record | February 20, 2020 | Reprints | Unlock Link
Using interactive teller machines from ATM manufacturer Nautilus Hyosung, the new product looks to reduce demands on both call centers and branch staff for banks and credit unions by enabling self-service first and assisted service only when needed.
Fed Seems Inclined to Keep Rates Low as Virus Poses Risks
By The Associated Press | February 20, 2020 | Reprints | Unlock Link
Federal Reserve officials were mostly optimistic about the U.S. and global economies last month, though they noted the risk posed by China’s viral outbreak and said they were ready to keep their benchmark interest rate at its current low level in the coming months.
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