Redding
REAL ESTATE
Construction of 500 apartments at Fort Trumbull still a go
Jul. 16—NEW LONDON — There's been little construction on the Fort Trumbull peninsula this year despite projects planned for all the parcels. But the promised sale of two city-owned properties this fall is expected to set the stage for the construction of 500 new apartments on the long-vacant land. The City Council on Monday night met in executive session with Renaissance City Development ...
Rezone ask highlights growing pains in town’s mobile home districts
WESTPORT — The Planning and Zoning Commission held a pre-application hearing about a potential zone change for a Cresent Park Road property. Crescent Park Road is off Crescent Road and Post Road East, in the neighborhood behind Fire Department headquarters. It has about two dozen homes zoned in the Mobile Home Park District.
New Canaan Now & Then: The James House
‘New Canaan Now & Then’ is sponsored by Brown Harris Stevens Realtors Joanne Santulli, Karen Ceraso, Bettina Hegel and Schuyler Morris. The “James House” on Frogtown Road was built in 1965 and designed by an unknown architect. The original house was one story with a basement structure...
WAC closes $200,000 commercial loan for fix and flip construction project
Stamford, CT Worth Avenue Capital, LLC (WAC) has closed a $200,000 commercial loan for a boutique construction company. The loan proceeds were used towards the purchase and renovation of a single-family house in which the borrower will be undertaking a fix and flip project on this property. The loan is secured by a first mortgage on the property with an underlying LTV of approximately 61% based on the purchase price. The property was previously owned by an estate and the borrower purchased the property at a price that was well below market value. As such, upon the completion of the renovations of the property, the borrower expects to flip the property at a substantial profit after paying off WAC’s short term bridge loan.
RXR arranges three leases at Atlantic Station totaling 40,000 s/f
Stamford, CT Real estate owner and operator RXR inked three new leases totaling 40,000 s/f at Atlantic Station. Located within the base of the luxury multi-tower project, the new retailers will provide dining, entertainment and shopping opportunities for both residents and the broader community. “These tenancies further the proof of...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.