Industry News
Two New Tenants Sign Leases at Fairfield Shopping Center
Two new tenants are coming to a Fairfield shopping plaza anchored by a Bob’s Stores location.
Connecticut Bill is Latest Calling for Time Zone Change
A Connecticut lawmaker who wants to end the practice of moving the clocks forward and back every year has proposed legislation that could ultimately lead to a change in the state’s time zone and possibly New England’s as well.
Historic Connecticut Theater Goes Up in Flames
A historic theater in Connecticut has been destroyed in an early morning fire.
Flood Protections Could Open Seaside Bridgeport Neighborhood to Development
In a new plan to address flooding in the South End of Bridgeport, city officials see an opportunity to kick-start private investment and development in the waterfront area.
66-Acre Corporate Campus Offered for Sale in Enfield
CBRE has been retained to market MassMutual’s 66-acre Enfield campus as the insurer expands its workforce in two Massachusetts locations.
Major Distiller Moving Offices from Norwalk to New York
British distiller Diageo will decamp from its offices in a Norwalk office park for the World Trade Center in New York City.
Harbor Infrastructure Could Bring Wind Industry Investments to New London
As northeastern states boost their reliance on renewable energy, New London State Pier has potential as a long-term player in the emerging offshore wind industry.
Government Shutdown Slowing Small Business Loan Application Rates
The government shutdown appears to be dulling loan application approval rates at small financial institutions.
Affordable Housing Projects Land $5.9M in Financing
Seven projects in Connecticut have received nearly $5.9 million in financing from the Federal Home Loan Bank of Boston, which will fund the creation or preservation of 147 affordable housing units.
Branford Commercial Building, Former Port-A-Potty Business Sold
A Branford commercial property which includes a three-bedroom house has been sold to a landscaping business.
Wepawaug-Flagg Federal Credit Union Rebrands With Name Change
Hamden-based Wepawaug-Flagg Federal Credit Union has changed its name to CrossPoint Federal Credit Union, according to its website.
How’s the US Economy Doing? Shutdown Makes it Harder to Say
The partial shutdown of the U.S. government has begun to make it harder to assess the health of the economy by delaying or distorting key reports on growth, spending and hiring.
Federal Workers Feeling Pressure of Government Shutdown, Seeking Loans
Hundreds of thousands of federal workers and contractors are feeling the pinch of the prolonged government shutdown, and many are taking out loans and making tough choices about what bills to pay.
West Hartford Convent Redevelopment Gets Approval
A $60 million redevelopment of a West Hartford convent received approval from the Town Council.
Lamont Sworn In as Governor, Urges Connecticut to Think Big
Democrat Ned Lamont was sworn in as the 89th governor of Connecticut on Wednesday, pledging to be a “straighter shooter, an honest broker and a good listener” who will not allow the state’s budget challenges to define the next four years.
BLT Completes Remediation of Stamford Waterfront Sites
Building and Land Technology, developer of Stamford’s Harbor Point, finished the active remediation of approximately 90 acres of formerly polluted land in the city’s South End and Waterside neighborhoods.
Weak Holiday Sales at Department Stores Catch Many Off Guard
Department stores fell sharply before the opening bell, with bellwether Macy’s down nearly 19 percent after posting worse-than-expected sales in the period leading up to the holiday.
TJ Maxx Inks Lease at Litchfield Crossings
Discount fashion retailer TJ Maxx has signed a 10-year lease for a store in one of northwestern Connecticut’s largest shopping centers.
Rural, Exurban Homebuyers Hit Hardest by Shutdown
When the government shuts its doors, who gets hit hardest among people needing a home mortgage? It all depends on the type of loan you seek and where you’re located.
Fintech Creates Seamless User Experiences
Citizens Bank has been at the forefront of creating great digital experiences for its customers, forming several partnerships with various fintech companies. Lamont Young has been at the center of these efforts.
