October 18, 2018
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Report Outlines Connecticut Long-Term Fiscal Woes

Connecticut residents and business people probably don’t need any more evidence as to the well discussed fiscal issues for the state. However, Connecticut landing just one notch below the bottom of the barrel in a new report…
October 08, 2018
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New Haven Biotech Goes Public and Execs Buy In With The Public

Arvinas' CEO Houston puts nearly half a million dollars on the line in newly public company. NEW HAVEN: A city biotech based on technology of Yale researcher Craig Crews has taken to the public markets with an Initial Public…
October 12, 2018
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New Haven Biotech Signs $265 Million Deal With Italian Pharma Partner

NEW HAVEN: Melinta Therapeutics, Inc. [Nasdaq: MLNT] and the $3.5 billion Menarini Group, based in Florence, Italy have entered into an agreement where Menarini will acquire the exclusive rights to co-develop and…
October 10, 2018
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Deepwater Wind - Purchased By Danish Wind Power Giant

PROVIDENCE, R.I: Deepwater Wind, the Offshore wind power company is being purchased by Orsted, based in Fredricka, Denmark the world’s largest offshore wind developer. Orsted has agreed to pay $510 million to buy Rhode…
September 18, 2018
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Subsidy for Dublin Flights to Likely Reach $30 Million By 2020

By Mitchell Young WINDSOR LOCKS: A potential $4 billion state budget deficit wasn’t enough to persuade the Malloy administration to end Connecticut’s subsidy of flights from Bradley International Airport to Dublin, Ireland.…
September 19, 2018
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Citing “Excessive" New State Regulation, Mortgage Lender, Halts Expansion…

EAST HARTFORD: A growing and expanding mortgage company has halted its expansion and new headquarters after a dispute with the Connecticut Banking Department. 1st Alliance Lending LLC announced it’s terminating a planned…

Hartord Realtors Issue Quarter End Home Sales Report

Sep 26, 2018
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HARTFORD: As the summer closed, The Greater Hartford Association of Realtors had good news for prospective home sellers…

Springfield Casino Draws Big – Connecticut Casinos See Small Slot Dips

Sep 19, 2018
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SPRINGFIELD, MA., LEDYARD: While the Connecticut and now Massachusetts casinos go head to head, the tax coffers of both…

Hartford/Western Mass. Commercial Realtor’s Report: Steady As She Goes

Sep 21, 2018
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HARTFORD: The Connecticut/ Western Massachusetts chapter of SIOR presented the results of its semi-annual membership survey…

Energy and Jobs Report As Environmental Groups Challenge State Over Funding (2)

Sep 12, 2018
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HARTFORD: Just as the state and environmental groups face off in Federal Court on Thursday September 13 over moves to cut…

Connecticut Tickets Companies Sue New York AG

Sep 12, 2018
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HARTFORD: Two Connecticut ticket sales company, TicketNetwork and Ticket Galaxy have filed lawsuits against acting New York…

Connecticut Boosts Maximum Unemployment Benefit

Sep 12, 2018
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HARTFORD: Tight labor market or not Connecticut is raising its maximum weekly unemployment benefit by $18. This is the…

Connecticut Home Sales and Prices Take Off

Aug 29, 2018
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HARTFORD: Continuing good news for home sellers and Realtors Single-family home sales in Connecticut increased in July on a…

CBIA Launches Statewide Issues-Based Public Awareness Campaign

Aug 29, 2018
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HARTFORD: As a new campaign for governor and competing visons for Connecticut take hold, the Connecticut Business and…

Women Owned Businesses Increase Across The US – Connecticut Lags

Aug 29, 2018
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In a new report commissioned by American Express shows women across the state are making a big impact on the Nutmeg economy…

High Speed Fiber Internet - Expands Connecticut Foothold To New Haven

Aug 29, 2018
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NEW HAVEN: High speed Internet access will be coming to select neighborhoods in New Haven, with the potential for expansion…

Health

Medical Practice Consultants Relocate to Shelton

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SHELTON: U.S. Vascular Management Group of Trumbull has leased 8,600 SF of premier office space at International Place, 6 Research Drive in Shelton.…

Quinnipiac Appoints Dean of Nursing School

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NORTH HAVEN : Lisa G. O’Connor of East Haddam has been appointed Dean, of the School of Nursing at Quinnipiac University, O’Connor had been associate…

Hartford HealthCare To Acquire Bridgeport’s St. Vincent's Medical Center

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BRIDGEPORT: St. Vincent’s Medical Center in Bridgeport and its parent Ascension Health have signed a non-binding letter of intent with Hartford…

Anti-Marijuana Organization Cites Potential Costs to Legalization

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HARTFORD: While Advocates for legalization of recreational use of Marijuana in Connecticut cite economic benefit to the state an anti-legalization…

Advocates for marijuana sales point to big economic boost

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By: Keith M. Phaneuf |ctmirror.org Advocates for legalizing recreational marijuana use in Connecticut — and taxing its sales — are hoping a holistic,…

Breaking down this year’s Access Health CT open enrollment

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By: MACKENZIE RIGG | ctmirror.org In all, 114,134 residents enrolled in private health insurance through the state’s health insurance exchange,…

Wallingford Medical Device Company Launches Product To Control Internal…

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WALINGFORD: Z-Medica, LLC, a developer of hemostatic devices, announced that QuikClot Control+® approved by the FDA in June of 2017 is now…

Children's Hospital Invests In Mass. Biotech

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HARTFORD: Connecticut Children's Medical Center has made an investment in a small Massachusetts based biotech company Biostage, Inc. [OTCQB:…

State Seeks More Medical Marijuana Sellers

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HARTFORD: US Attorney General Jeff Sessions may be trying to arrest the increase in marijuana sales in states across the country, but Connecticut is…

Chester Retirement Community Sold

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CHESTER: Chester Village West set on 55 acres with 105 cottages and apartments was purchased by Masonicare, based in Wallingford, the state’s largest…

Technology

Online Investment Platform Presents West Hartford Apartment Investment

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WEST HARTFORD:, ArborCrowd an online platform based in NYC that enables individuals to make equity investments in “institutional-quality commercial…

High Speed Fiber Internet - Expands Connecticut Foothold To New Haven

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NEW HAVEN: High speed Internet access will be coming to select neighborhoods in New Haven, with the potential for expansion to other areas.…

Stamford Creates An “Innovation Playground” For Start-Up And Large…

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By Thomas Madden, AICP, Director of Economic Development, Stamford Stamford is preparing to be the city of tomorrow through a repeating $2 million…

Imaging Company Purchases Headquarters Building

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STRATFORD: Kubtec Digital X-Ray has purchased a freestanding building at 111 Research Drive for $1.045 million. The building, on 0.67 acre,…

Road Show On Federal Funding of Tech - Coming To New Haven

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NEW HAVEN: The SBIR Road Tour is coming to New Haven on Tuesday, August 21, to convey the "nondilutive technology funding opportunity" provided…

Non-Profit Water Company Makes “Venture” Investment In Indoor Farming…

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MERIDEN, NEW HAVEN: The South Central Connecticut Regional Water Authority (RWA) announced a $500,000 investment in Meriden-based Trifecta…

Legacy AV Company Shows Its Stuff With New Headquarters

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NORTH HAVEN: HB Communications, founded in 1946 is an audiovisual communication solutions company, has opened the doors to its newly renovated…

Tech Firm Relocates To Shelton Office Building

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SHELTON, Dark Field Technologies has relocated their headquarters from Orange to Shelton, according to Jon Angel, president of Angel Commercial,…

New Haven Architects’ Design One of Six Selected for review for uberAIR…

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NEW HAVEN, LOS ANGELES: New Haven based Pickard Chilton working with Arup, Corgan, and The Beck Group was selected as one of six leading architecture…

Connecticut Innovations Funds 43 Companies in Final 2017 Quarter

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ROCKY HILL: Connecticut Innovations (CI), Connecticut’s venture capital arm and what they say is the “leading source of financing and ongoing support…

Real Estate & Construction

Mystic Museum Building Recognized For Sustainability

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MYSTIC: Designed by Centerbrook Architects & Planers The Thompson Exhibition Building at the Mystic Seaport Museum was recognized at the Connecticut…

Basement Systems Building Construction Completed

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SEYMOUR:A 73,000 square foot mixed used headquarters building for Basements Systems Inc. has completed construction. Claris Construction provided the…

Vacant High School To Be Arts Magnet in $54 Million Renovation

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BRISTOL: The Memorial Boulevard School is transitioning into an arts magnet school, and Quisenberry Arcari Malik, LLC (QA+M Architecture) has been…

Seniors Agency Lease Completes Shopping Center Redevelopment

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NORTH HAVEN: The Agency on Aging of South Central Connecticut, has completed a major lease transaction at 117 Washington Avenue, with the owner,…

Eye Care Practice Relocates Its Farmington Avenue Office

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BRISTOL: Starling Physicians Ophthalmology has leased 4,891± SF of formerly vacant retail space at 1235 Farmington Avenue. Other tenants of the site…

Former Auto Dealership Sells

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GUIFORD: The former Mannix Chevrolet location at 271 and 301 Boston Post Road, was sold. The two parcels total 4.38 acres and are improved with the…

Hamden "Castle" On The Market

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HAMDEN, CT – A unique office property at 20 Davis Street is available for re-development. The 17,815 square foot building is being listed at $2.3…

Security Firm Relocates and Signs Long Term Lease

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NORTH HAVEN: Red Hawk Fire & Security, LLC, a provider of life safety and security solutions, has signed a long-term lease for 11,040 square feet of…

Oxford Industrial Park Sees New Leases

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OXFORD: Ed Godin Jr. SIOR of Godin Property Brokers announced thre leases at totaling at Hurley Farms Industrial Park, located at 115 Hurley Road.…

Built In 1971 - 200 Unit Complex Sells

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WEST HARTFORD: A six building 200 unit multi-family apartment complex, Westwood Apartments at 106 Kane street, was sold for $20.85 million. The…

Government

Report Outlines Connecticut Long-Term Fiscal Woes

norcross fiscal rankings 2018 mercatus infographics v1 ct 0
Connecticut residents and business people probably don’t need any more evidence as to the well discussed fiscal issues for the state. However,…

Springfield Casino Draws Big – Connecticut Casinos See Small Slot Dips

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SPRINGFIELD, MA., LEDYARD: While the Connecticut and now Massachusetts casinos go head to head, the tax coffers of both states remain big winners.…

Another Day Older And Deeper In Debt

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By Joel Schiavone Connecticut State expenses for employee benefits current and past have gone from 10% of the budget to 30% over the past few years.…

CBIA Launches Statewide Issues-Based Public Awareness Campaign (2)

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HARTFORD: As a new campaign for governor and competing visons for Connecticut take hold, the Connecticut Business and Industry Association [CBIA] is…

New Haven Today, But Tomorrow – Two Views

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The streets of the City of New Haven are well packed with young people and even suburbanites for the first time in decades. Apartment rehabs and new…

The Collapse of New Haven

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By Joel Schiavone Enjoy your summer. This is the lull before the storm. Campaigning begins in earnest for state and local elections which will…

Mr. Smith Wants to Go to Hartford

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OPINION: By Mitchell Young Or does he? Webster Bank Chairman and former CEO James Smith said on April 6 he wants to be Connecticut’s next Governor,…

Joel Schiavone: New Haven What Road To Where

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Joel Schiavone in New Haven magazine's first profile in 2007, on the Chaple Street that he layed the foundation for. Perhaps more than any single…

joel2By Joel Schiavone

This is a second in a series of articles by entrepreneur and New Haven stalwart Joel Schiavone on the management and future of the city. See the first New Haven, Road to Where at this link. You are invited to join the conversation with Joel, by sending your comments to This email address is being protected from spambots. You need JavaScript enabled to view it. for publication. Or you may comment directly on the article. We invite you to share his thoughts as well. 

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In the first of my articles on the New Haven financial situation I tried to point out how the problem was structural and not solvable simply by raising taxes. Sure enough, the City’s only response to an overwhelming deficit for the next couple of years is to raise taxes. I tried to point out that this is a zero sum game, meaning they will never get caught up until the City runs out of money which I expect within the next six months.

In that article I made a list of items that should immediately be addressed to stem the tide of red ink and maybe forestall bankruptcy. The leading candidates on this list are the New Haven public schools. The answer is simple. The solution perhaps impossible.

New Haven public charter schools are producing student results – three times better than those run by the New Haven Board of Education.

Almost without notice by any of the local media, was the announcement that Amistad High School was named by U.S. News and World Report the number one performing high school in the entire state of Connecticut, ahead of all those fancy Fairfield County schools where every student receives a personal tutor at birth. Did you read anything about this in the New Haven papers?   Of course not! As talking about the success of the charter schools is frowned upon by virtually all the Democrats in the City of New Haven and throughout the State.

The only recent article I read about New Haven Schools was three and a half pages in the Yale Daily News which described in excruciating detail the newly elected nonfunctional New Haven school board. Anyone reading this would realize that it is an impossible task to improve these public schools anytime during our lifetime. Fortunately, the New Haven public charter schools have outpointed everybody and we are still alive.

How long will we continue to support and fund nonperforming New Haven public schools?

The only solution is to convert the remaining public schools to New Haven public charter schools as soon as possible. The only way this could happen is for the parents who vote in New Haven, and who, for some inexplicable reason continue to support the New Haven public schools, will finally turn against them and demand that every child receive the same high quality education that children in the public charter schools are enjoying and that the world demands! How long will we sit back and watch our children flounder, ending up without the skills needed or a productive successful life?

The parent voters in New Haven who could control all the elections should refuse to support and vote for anyone who does not insist on a high quality public charter school education for everyone!

As for the achievement gap, there is nothing wrong with these kids or with their parents contrary to claims by the politicians and the school officials in New Haven. The problem is the failure of the public schools.

This is a long term and a helpful short term solution as charter schools operate much more efficiently than the noncharter schools. In the long term, the increased productivity of children going to college and not on welfare will yearly increase the tax revenues and increase the productivity of the work force in New Haven.