by | Nov 10, 2022 5:20 pm | Comments (1)
Thomas Breen photos
Maintenance manager Wilden Bunting: Remodeling underway.
One of the city’s largest investor-landlords has snapped up a Fitch Street apartment building that once housed previously homeless families, after a middleman flipped the property at a $875,000 markup.
by | Nov 9, 2022 5:23 pm | Comments (12)
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360 State: Now under new ownership.
LinkedIn photo
New landlord Gideon Friedman: This high-rise is an "icon."
A New York City-based real estate company has purchased the 360 State St. apartment tower for a whopping $160 million — which is nearly $45 million above the high-end high-rise’s latest city-appraised value.
by | Oct 24, 2022 4:12 pm | Comments (3)
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Dresses out, bongs in at 968 Chapel.
The former home of the original Ann Taylor clothing store — which now sports bongs and hookahs instead of upscale womenswear — has changed hands for $2.795 million.
Continue reading ‘Real Estate Roundup: Ann Taylor-Turned-Smoke Shop Building Sold For $2.8M’
by | Oct 18, 2022 7:19 pm | Comments (23)
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Elmer Rivera Bello at Tuesday's presser on Davenport.
A dozen Hill neighborhood leaders and residents pressed for more time — and more affordable housing — in a last-ditch effort to stall a 194-unit apartment complex planned for Davenport and Congress Avenues.
by | Oct 7, 2022 2:36 pm | Comments (1)
100 Crown St.: Sold for $1.4M.
A downtown landlord has purchased a 1903-built Crown Street commercial building for $1.4 million to make room for his realty firm as he builds out the newly opened “bioscience center” around the corner.
Continue reading ‘Property Sales Roundup: Bioscience Landlord Buys "Crownstone" Gem’
by | Sep 14, 2022 4:09 pm | Comments (26)
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The former CVS site at 215 Whalley. Future home of MCCA outpatient clinic.
CFO Connan: Will "better serve" community.
A Danbury-based addiction-treatment nonprofit plans to move its local outpatient clinic to the former CVS site at Whalley Avenue and Orchard Street, after purchasing that recently shuttered ex-pharmacy property for $2.5 million.
by | Sep 9, 2022 3:04 pm | Comments (13)
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Commercial tenants at 881-883 Whalley (pictured) can stay put for the duration of their leases.
A Fair Haven Heights-based early childhood education nonprofit continued its citywide expansion by purchasing two adjacent commercial buildings in Westville Village for $1.995 million.
Continue reading ‘Property Sales Roundup: Early Ed Center Expands’
by | Aug 22, 2022 12:35 pm | Comments (16)
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Now under new ownership.
A New York City-based developer has purchased the long-vacant former Harold’s Bridal Shop property on Elm Street for $4.85 million, and intends to follow through on already approved plans to convert the site into 96 new apartments.
by | Aug 22, 2022 12:25 pm | Comments (12)
388 Orange St., now owned by ACES.
A North Haven-based regional arts education organization has purchased a two-and-a-half story law office building on Orange Street for $975,000, with plans to convert that site into school “programmatic” spaces after the current tenant’s lease runs out next year.
Continue reading ‘ACES Buys Orange St. Office Building For $975K’
by | Aug 15, 2022 9:52 am | Comments (10)
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Connecticut FBI building at 26 Grove St. / 600 State St.
The city brought in $2.5 million after selling the land underneath downtown’s FBI building to the local private developer that has leased that property for the past two decades.
Continue reading ‘City Sells Land Under FBI Building For $2.5M’
by | Aug 11, 2022 1:44 pm | Comments (29)
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Farewell, flicks: Middletown Ave.'s Ciné 4, now shuttered.
Start the early ed: Friends Center's Schiavone, who plans to convert cinema into childcare campus.
The lights are off and the popcorn’s all gone from a decades-old independent movie theater on Middletown Avenue — which new nonprofit owners aim to convert to a bustling campus for affordable early childhood education.
by | Aug 10, 2022 2:30 pm | Comments (2)
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The Frontier building at 310 Orange, now under new ownership.
A New Jersey-based real estate company has purchased the Frontier Communications building on Orange Street for over $73.8 million, providing a cash infusion for the Norwalk-based telecommunications company — which subsequently signed a 20-year lease with its new landlords.
by | Aug 8, 2022 12:02 pm | Comments (7)
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Shneor Edelkopf flips, clockwise from top left: 106 Bassett, 47 Hillside, 232 West Hazel, 268 Exchange.
Real estate investor Shneor Edelkopf has kicked his rental-property-flipping business into high gear this summer — as his companies have bought and promptly sold four apartment buildings in five weeks, at a combined markup of $364,000.
by | Jul 7, 2022 1:45 pm | Comments (10)
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The Liberty apartment building on Temple Street.
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Seller Gideon Friedman: Pockets $11M above city's appraisal.
The 124-unit Liberty apartment building on Temple Street has sold for $29.1 million — becoming the latest large downtown residential complex to change hands for millions of dollars above its city-appraised value.
by | Jun 22, 2022 2:30 pm | Comments (2)
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New property manager Joe Katz at 76 Sherman Ave.: "Things look fine."
A 22-unit Sherman Avenue apartment complex once known as “The Cage” has changed hands for $3.3 million — nearly twice the amount its former landlord paid for the property seven years ago.
by | May 26, 2022 4:41 pm | Comments (2)
A sculpture by artist Yvonne Shortt on display outside 51 Trumbull St.
Clockwise from upper left: ECOCA board members Suneet Talpade, Jeanne Criscola, Debbie Hesse, Jeanne Ciravolo.
A downtown visual arts nonprofit has closed on its purchase of the John Slade Ely House — warding off the building’s potential sale to a residential developer, with the help of a loan from two Fair Haven businessmen.
Continue reading ‘Property Roundup: Nonprofit Buys Ely House For $800K; LCI Buys Blighted 3-Family’
by | May 17, 2022 3:56 pm | Comments (15)
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201 Munson: Enough $ now on hand to turn this into ...
Ironburgh Organization image
... this?
A New York City-based developer claims his company is just weeks away from resuming work on a long-delayed, nearly 400-unit apartment complex on the Dixwell/Newhallville/Science Park border — thanks to yet another ownership reshuffling, as well as a newly pulled $78 million mortgage loan.
Continue reading ‘Stalled Apt. Plan Gets $78M Cash Infusion’
by | Apr 22, 2022 10:24 am | Comments (7)
A rendering of 2972 Dixwell Ave.'s future with Vessel.
A New York City developer working to bring “aspirational” affordable apartments to New Haven, Stratford and New London has its sights set on a town-owned parking lot in Hamden — and is promising that the company will build on the town’s sense of community.
by | Apr 21, 2022 2:03 pm | Comments (36)
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YouTube image
Parisier: Outbids Taxman.
An Elmsford, N.Y.-based investor has purchased the historic 198-unit Taft apartment building downtown for $52.5 million — nearly double the amount at which the city just appraised it for tax purposes.
by | Apr 11, 2022 5:03 pm | Comments (4)
Nora Grace-Flood Photos
From partial demolition ...
... to delivery. Developers finally get Pinto House into right position Monday.
New Haven’s 200-year-old William Pinto House inched closer Monday to its new destination: A plot of now-torn-up asphalt and dirt roughly 90 feet away from where it was originally built circa 1810.
by | Apr 5, 2022 4:25 pm | Comments (21)
Thomas Breen / Google Map photos
Wooster Square apartments purchased by Mandy over the past two years. Top row, left to right: 23 Brown St., 19 Brown St., 17 Brown St. Middle row: 208 Wooster St., the Wooster Street arch (not owned by Mandy), 604 Chapel St. Bottom row: 325 St. John St., 191 Wooster St., 533 Chapel St.
Affiliates of Mandy Management bought seven apartments and a vacant lot on Brown Street for $1.1 million — the latest instance of the local megalandlord’s two-year, $14 million-and-counting expansion into Wooster Square real estate.
Continue reading ‘Property Roundup: Mandy Grows In Wooster Sq.’
by | Mar 14, 2022 1:00 pm | Comments (19)
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A Roomunity rental property in East Rock.
Farnam Realty photo
Lee: Biz getting bigger.
A furnished-housing rental business spent over $3 million adding 21 apartments to its growing local real estate holdings, in some of the city’s latest property transactions.
Continue reading ‘Property Sales Round-up: Millions Fuel Growth Of Furnished-Apt. Biz’
by | Mar 11, 2022 3:57 pm | Comments (22)
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Locations of Ocean properties for sale.
Thomas Breen photo
Ocean's Aizenberg: Strategic pivot.
Anyone looking to buy 101 multi-family homes in New Haven … as part of a $52 million package deal?
Local megalandlord Ocean Management is asking that question, as it has put up for sale hundreds of local apartments in a bid to cash in on the city’s hot real estate market and transition from poverty rentals to new market-rate construction.
by | Mar 1, 2022 6:53 pm | Comments (43)
Rendering of project facade.
“This is absolutely ridiculous, who you people are. This is unbelievable. We’re trying to make a significant investment in your area. You really want the buildings that are there to continue to be there the way like this? You’re happy with the status quo?”
Jared Hutter — CEO and co-founder of real estate firm Aptitude Development — said that to the East Rock Community Management Team at a combative meeting Monday night.
He got as good as he gave.
by | Feb 21, 2022 2:54 pm | Comments (0)
Cafe Amici is expanding their hold on Hamden, as is local mega landlord Mandy Management, according to the town’s most recent property transactions.
Continue reading ‘Hamden Property Sales Round-Up: Mandy Grows On Newhall’
