Commercial & Industrial
Gov. Ned Lamont has issued a new executive order solving a problem that could have plagued homebuyers and sellers trying to get transaction documents notarized.
The Connecticut Department of Revenue Services is moving to put more cash in businesses’ pockets as their sales dry up due to the coronavirus pandemic.
Millions of owners face April 1 due dates for rent, mortgage, credit card and other payments. Some have been granted leniency from landlords and lenders. But even then, there are other business and personal bills that are owed.
Macy’s says it will stop paying tens of thousands of employees who were thrown out of work when the chain closed its stores March 18 in response to collapsing sales during the pandemic.
Connecticut political leaders had mixed views – and lots of questions – after President Donald Trump said Saturday a coronavirus quarantine might be needed for residents of their state, as well as New York and New Jersey.
Connecticut businesses and nonprofits harmed by the cononavirus pandemic can begin applying for short-term, no-interest loans. Real estate firms, however, are exempted.
Amid a scarcity of tests for the coronavirus, Gov. Ned Lamont has issued a ban on gatherings of more than five people, a move likely to force an end to most open houses.
Commercial landlords will get a tax break on building upgrades under the stimulus package awaiting final approval by the U.S. House of Representatives.
A major Fairfield County landlord has declared it won’t raise rents for tenants renewing leases that expire this spring, as part of efforts to deal with fallout from the coronavirus pandemic.
Tens of thousands of Connecticut residents filed for unemployment in the last two weeks according to new figures released by the U.S. Department of Labor Thursday morning, showing the rapid onset of the coronavirus pandemic’s economic effects.
As Connecticut non-essential businesses shut down to contain the spread of the new coronavirus, the retail and hospitality sectors are expected to bear the brunt of the short-term effects.
Servicers have now figured out that it costs them a lot less money to reach out to their customers rather than wait for calls to come in.
State workers in Connecticut are processing 20 times the number of unemployment claims they normally process, a deluge caused by the coronavirus, officials said Wednesday.
Connecticut businesses adapted to new social distancing guidelines Tuesday, and state lawmakers were planning to continue work on an assistance package for small companies affected by the coronavirus outbreak despite the postponement of the legislative session.
The White House and Senate leaders of both major political parties announced agreement early Wednesday on an unprecedented $2 trillion emergency bill to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic.
A REIT managed by Greenwich-based Starwood Capital Group has acquired the leasehold interest in a Boston office tower for $194.8 million.
Fannie Mae and Freddie Mac will offer mortgage forbearance to multifamily property owners in an attempt to keep renters in their homes and to support these property owners during the coronavirus national emergency, the Federal Housing Finance Agency announced on Monday.
As cases of coronavirus rise, President Donald Trump said that he wants to reopen the country for business in weeks, not months, and claimed, without evidence, that continued closures could result in more deaths than the pandemic itself.
Appraisers worried about being exposed to COVID-19 while evaluating a house received some welcome news from Fannie Mae and Freddie Mac this morning.
Connecticut Gov. Ned Lamont on Friday signed an executive order that requires all “non-essential” businesses and nonprofit organizations, to shut down or have workers their employees to work from home, through April 22.