Connecticut

Hartford County Spotlight: C. Scott Schwefel, Partner at Shipman, Shaiken & Schwefel, LLC

What is the most exciting job/project for your company in 2019? Our most significant undertaking for 2019 will be bringing property tax appeals and abatements for numerous retail showrooms throughout Connecticut and Massachusetts on behalf of a national retail chain.

Hartford County Spotlight: Tabitha Shustock, Director of Marketing & Operations at NAI Elite LLC

What Hartford Region networking opportunities does your business participate in? NAI Elite is a member of The West Hartford Chamber of Commerce and Business for Downtown Hartford. Upward Hartford, FLOW, HYPE, and The University of Hartford Entrepreneurial Center.

Hartford County Spotlight: Nancy Greenwald, Executive Director at the Construction Institute

What was your company’s greatest achievement of 2018? Through the talent and efforts of its members, the Construction Institute had an incredible year. We are proud to be the winner of the 2018 Connecticut Entrepreneur Community’s Favorite Event Award for our annual Women Who Build Summit.

Hartford County Spotlight: Rob Michalik Director of Business Development at CORE Construction Resources, Inc.

What was your company’s greatest achievement of 2018? Designed by Crosskey Architects, Noble Hartford is a signature project in our portfolio. The vision of developers Michael Frisbie and Abdul Tammo, Noble Hartford involved the construction of a unique gas station at the site of an old automobile repair shop in Hartford’s South Downtown neighborhood.

Developer Olymbec USA continues market share growth in Connecticut

Hartford, CT Olymbec, the leading real estate developer in eastern Canada, has expanded their market share in the state through their Olymbec USA arm. Its recent acquisition of the East Market Portfolio consists of three large class A prestigious office buildings, two of which are in East Hartford and one in Glastonbury.

HFF completes sale of two-property medical office portfolio

Hartford, CT Holliday Fenoglio Fowler, L.P. (HFF) completed the sale of a two-property portfolio that includes 460 Hartford, a 36,000 s/f, multi-specialty outpatient facility, and 8 Keynote, a 22,500 s/f home health service facility. Both properties are fully leased to Eastern Connecticut Health Network (ECHN), a wholly-owned subsidiary of Prospect Medical Holdings, and are in the Hartford-area community of Vernon. 

East Hartford completes $3.3m purchase of abandoned Showcase Cinemas site

East Hartford, CT The town has completed its $3.3 million purchase of the abandoned Showcase Cinemas along I-84 east, according to the mayor, who says the site will be razed and redeveloped.

STV|DPM completes relocation of the North East Transportation Company

Hartford, CT STV|DPM has completed the physical relocation of the North East Transportation Company, Inc. (NET). Through a management contract with CT Department of Transportation, NET provides public bus transit services in the greater Waterbury, Meriden and Wallingford areas.

Opportunity Zones: A $6 trillion moonshot? - by Derek Ezovski

Despite being overshadowed by other provisions of the massive 2017 Tax Cuts and Jobs Act, the Opportunity Zone incentive included in that legislation may present the most significant and longest term economic impacts for the country. Investors, community activists, and real estate developers are just beginning to parse the potential $6.1 trillion opportunity promised in the program’s name.

Clark of The Geenty Group brokers $290,000 building sale

Branford, CT The Geenty Group, Realtors, completed the sale of a 4,412 s/f building at 100 North Branford Rd. The sale price was $290,000. The sellers are Roger and Barbara Richard. The buyers are Mark and Lauren DeFrancesco, they will be using the first floor of the building for their present business and retain the present residential apartment tenants on the second and third floors.