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’
by | Feb 15, 2022 3:20 pm | Comments (0)
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1041 State St., future home to 75 new apartments.
A Fairfield-based developer purchased an Upper State Street warehouse for $1.35 million, as it moves ahead with its plans to build a new 75-unit apartment building across the street from the Corsair.
Continue reading ‘Property Sales Roundup: "Corsair Cousin" Builder Pays $1.35M On Upper State’
by | Feb 7, 2022 2:38 pm | Comments (0)
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2749-51 Dixwell Ave., office buildings bought by an apartment investor.
Three groups known for buying up properties throughout New Haven County now own more land in Hamden than they did a few weeks ago.
Continue reading ‘Hamden Real Estate Roundup: LLCs Keep On Consuming’
by | Feb 7, 2022 9:11 am | Comments (21)
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City Assessor Alex Pullen: Crunching the numbers.
The final numbers are in: New Haven’s taxable grand list grew by over 32 percent — to a whopping total of nearly $8.9 billion — at the end of a citywide revaluation cycle that saw the local housing market overflowing with cash.
At least for those buying, selling, and investing in real estate.
Continue reading ‘After Reval, Grand List Skyrockets By 32%’
by | Jan 28, 2022 12:06 pm | Comments (5)
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Industrial warehouse property now under new ownership.
Criterion Group's Shibber Khan: One year, $27M+ spent on New Haven real estate.
A Queens-based real estate investment group spent over $21 million buying three industrial waterfront properties in the Annex, in some of the city’s latest property transactions.
by | Jan 21, 2022 3:36 pm | Comments (1)
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311 Blake St., now owned by an affiliate of Ocean Management.
A local megalandlord expanded its domain in Westville/Beaver Bills by buying up a 70-unit apartment complex on Blake Street for $9.2 million.
by | Jan 21, 2022 3:33 pm | Comments (5)
Lyman pies: Soon to be "made in New Haven."
Lyman VP John Lyman.
A Middlefield-based apple orchard company is moving some of its pie-baking business to New Haven, after purchasing three industrial buildings in Wooster Square and Long Wharf for $3 million.
Continue reading ‘Farm-To-City: Pie-Baking Biz Moving To Town’
by | Jan 17, 2022 4:04 pm | Comments (5)
320 Hogan Rd., now owned by Quinnipiac.
Quinnipiac University acquired another single-family home for future student housing, while Mandy Management expanded their holdings in town, in some of the most recent of Hamden property transactions.
by | Jan 11, 2022 9:58 am | Comments (10)
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At the Whitney Modern's February 2021 ribbon cutting; 10 months later, a new owner paid more than twice the city-appraised value.
Thomas Breen photo
The "Whitney Modern" and the former American Red Cross-turned-apartment building at 703 Whitney Ave.
A newly built 42-unit East Rock luxury apartment complex sold for $18.5 million to a New Jersey-based investor duo that has poured tens of millions of dollars over the past year into New Haven real estate — in the latest example of the city’s housing market overflowing with cash, at least for those buying and selling.
Continue reading ‘"Whitney Modern" Luxury Apts. Sold For $18.5M’
by | Jan 7, 2022 1:00 pm | Comments (10)
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Elizabeth Street resident Marcus Pearson in front of 794 Dixwell: Methadone clinic relocation is "a good idea" for neighbors in need of treatment.
A methadone clinic and healthcare nonprofit plans to relocate from Long Wharf to Newhallville, after purchasing a Dixwell Avenue former middle school building for $2.45 million.
by | Jan 6, 2022 1:00 pm | Comments (11)
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The former Quinnipiack Club at 221 Church St. (left), now owned by Biohaven, which has its headquarters right next door at 215 Church St. (right).
In a reflection of the changing makeup of New Haven’s business sector, a locally based, publicly traded biopharmaceutical company has purchased the historic Quinnipiack Club building on Church Street for $4.1 million.
by | Jan 3, 2022 11:04 am | Comments (15)
Thomas Breen photos / city assessor database photos
Some Mandy properties acquired in 2021. Top row: 530 Winthrop Ave., 76 Third St., 6 Arch St. Middle row: 295 Lloyd St., 16 condos at 570 Whitney Ave., 84 Bassett St. Bottom row: A former Catholic school at 22 Richard St.; 188 James St., 181 Lombard St.
Second of two articles.
Affiliates of Mandy Management spent another $58 million in 2021 buying 179 properties containing 558 different apartments, cementing the outfit’s role as one of New Haven’s largest landlords for low-income renters.
Four recent financial-industry reports offer a detailed look at how the real estate empire operates and rose to that role.
by | Dec 23, 2021 3:28 pm | Comments (1)
1959 Lutheran church located at 3860 Whitney now sold to "Church of Christ LLC."
Northern Hamden will see three acres of previously private woods preserved and opened to the public — as well as a currently confidential congregation emerge within a 60-year-old church — in 2022.
Those are two upcoming developments described by sellers, buyers, donors, and donees in Hamden’s latest series of property transactions. (Check out the chart lower down in this story to see sales filed in the past week.)
Continue reading ‘Hamden Real Estate Roundup: Open Space Preserved, Churches Merged’
by | Dec 22, 2021 4:30 pm | Comments (24)
CoreVest mortgages to New Haven landlords.
First of two parts.
(Updated) A giant California-based commercial lender pumped over $117 million into New Haven this year to help poverty-focused investor-landlords amass more property — raising concerns in the process about the monopolization of local low-income housing, driving up of sale prices for aspiring homeowners, and, potentially, a replay of the 2008 Great Recession.
by | Dec 14, 2021 12:43 pm | Comments (8)
Sal Laudano: Quinnipiac property acquisitions wreck community.
When college kids officially move into 93 Lucien Dr., a three-bedroom ranch that has stood nestled within Hamden’s woodsy first district since 1968, they’ll make neighborhood history — by turning the street of long-term Hamden families into a majority Quinnipiac student-housing row.
by | Dec 13, 2021 3:36 pm | Comments (1)
The newly purchased Elks Club home at 329 Dixwell Ave.
The Elks Club has found a new Dixwell home, after purchasing a single-story church building on Dixwell Avenue near Munson Street for $180,000.
by | Jul 6, 2021 9:21 am | Comments (3)
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424 Chapel St., now owned by the city.
A state deal to sell a Chapel Street warehouse, garage and office building to the city for $2.1 million went forward, among the latest local property transactions.
