The Commercial Record’s coverage of the coronavirus outbreak’s impact on the state’s real estate and finance industries, and the local economy.
Travelers from Rhode Island have been added to the list of those who must quarantine while staying in New York, New Jersey and Connecticut as some Northeast states begin to see signs of rising infections.
Dr. Anthony Fauci, the nation’s top infectious disease expert, said Monday that Connecticut is currently “in a good place.”
Lakeville-based Salisbury Bank had second quarter earnings on par with the same period last year despite a $1.8 million loan loss provision.
Lord & Taylor, America’s oldest retailer, is seeking bankruptcy protection, as is the owner of Men’s Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.
A new National Association of Realtors analysis of on U.S. Census Bureau data has found the COVID-19 pandemic is hurting homeowners with limited income the most, and many are opting to simply not pay their mortgages.
Coronavirus cases among teens and young adults are rising in Connecticut.
After its parent company filed for bankruptcy last week, the original Ann Taylor store on in New Haven closed its doors for the last time Sunday.
Torrington Savings Foundation has awarded grants totaling $100,000 to organizations responding to the COVID-19 pandemic. The grants are part of a special cycle that opened in April to meet the needs of those directly affected by the pandemic.
Suggesting a narrower pandemic relief package may be all that’s possible, the White House still pushed ahead with Monday’s planned rollout of the Senate Republicans’ $1 trillion effort as House Speaker Nancy Pelosi assailed the GOP “disarray” as time-wasting during the crisis.
Despite optimistic projections that Connecticut could reap the benefits of New York City’s failure to contain the coronavirus pandemic – and early signs its residential real estate market may already be doing so – the state’s commercial real estate sector has yet to see the gains.