Advertise Here

shutterstock 174475871 large 700x500 upscale

Connecticut's Top Forty Fastest Growing Tech Cos Announced

HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2017 Marcum Tech Top 40, an annual recognition of the fastest growing technology companies in Connecticut. This year’s group of top-ranked…
buidling

Middle Market Firms Drive US - CT 17th Nationwide

A new research report American Express and Dun & Bradstreet Middle Market Power Index Series Finds That mid-sized firms are responsible for more than half (51.7%) of total U.S. job growth since 2011. The report shows that…
pavehawk

Pentagon, Sikorsky Sued Over Small-Business Contracts

By: Ana Radelat ctmirror.com WASHINGTON: A group representing small businesses is suing the Pentagon and Sikorsky for information about the defense contractor’s hiring of small and minority businesses as subcontractors. The…
subway logo

Independent Survey: Subway Most Trusted Quick Service Restaurant

By Mitchell Young SANTA ANA, CA: The Values Institute [TVI] released the results of the 2017 National Most Trustworthy Brands Survey, showing Milford based Subway at the top of the quick serve restaurant [QSR] category. TVI…
melinta therapeutics large

New Haven Bio-tech Merges With Public Co. Gains Access to $175 Million in…

NEW HAVEN: Melinta Therapeutics is merging with Cempra, Inc. [Nasdaq: CEMP],of Chapel Hill, NC. a clinical-stage pharmaceutical company with a $161 milion market value, also focused on serious bacterial infections. The new…
FoxwoodsHighFlyer

Foxwoods Rolls Out New High Speed Thrills

MASHANTUCKET: It’s the 25th anniversary year of the Foxwoods Resort Casino, and as the casino reveals two new “thrill rides” a new vision for positioning the resort as it faces new casino competition in the Catskills and…
Ballpark

Bridgeport Mayor Strikes Out Baseball

BRIDGEPORT: The Bridgeport Bluefish minor league baseball team is being bounced by Bridgeport Mayor Joseph Ganim from the 5,000 seat Harbor Yard Stadium when their lease expires at the end of this baseball season. The…
920x920

New Business School Set As New Money Flows To Fairfield U.

FAIRFIELD: The Higher education industry in Southern Connecticut continues to expand with the announcement of a successful capital campaign and the ground breaking to start this spring for the new Charles F. Dolan School of…

Cities Part Ways With Dems On New Sales Taxes

DeLong 771x591
Connecticut Conference of Municipalities Executive Director Joe DeLong [Photo: KEITH M. PHANEUF] By Keith M. Phaneuf…

Health Exchange CEO Says Insurers May Drop Out for 2018

wadleigh
On August 2nd Jim Wadleigh CEO of Access Health, Connecticut’s ACA [Obamcare] health exchange. Said that concerns that the…

Alexion Shakes Off Management Change and Bad Press With Strong Financial Results

alexionn
After Columns and Reports in The Hartford Business Journal, Connecticut Post and New Haven Register, all questioning the…

Amtrak Loses Bid To Operate New Springfield to New Haven Commuter Rail

hartfordline
By, Mark Pazniokas ctmirror.com HARTFORD: A joint venture of TransitAmerica Services and Alternate Concepts was chosen over…
Ludwig 0002 161607 1

Alexion: Blame It On Brazil or Kanuma -The Stock Dives, And The Movers Get…

Alexion's New CEO Ludwig Hantson is making major executive changes By Mitchell Young New Haven: In spite of unexpected sales and earnings growth announced by Alexion Pharmaceuticals [Nasdaq: ALXN] just weeks ago, the…
Lieberman Joe March 2012 336x224

With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s decision to hire attorney Marc Kasowitz to serve as his private lawyer during…
GNHCC TONY RESCIGNO

Rescigno to Retire from Greater New Haven Chamber of Commerce

CHAMBER RELEASE New Haven, CT (May 22, 2017) – After 17 years of service as the President of the Greater New Haven Chamber of Commerce (GNHCC), Anthony Rescigno announced today his plans to retire on December 31, 2017. A…
govbanner

Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis

Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday recommended opening a new casino, legalizing marijuana and imposing deep cuts to…

Senate GOP Not Ready To Share CT Budget Fix With The Public

CTGOP
By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state…

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

insurance rates
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and…

Auto Dealers Cite Tesla Cheating Report, To Stop Exemption Bill

Screen shot 2017 05 04 at 7.06.30 PM
Dealers Are Charging Up to Challenge Tesla - with Cars Too The DMV report says Tesla's Greenwich showroom violated…

Casino Revenues Stable, Foxwoods Weak, Mohegan Up

nina agidal
Mashantucket, Uncasville: Connecticut’s casinos have reported mixed results for April. Foxwoods reported slot revenue of…

After Layoffs, Investigation, New CEOs - Alexion Reports Results

Alexion logo color
By Mitchell Young New Haven: Worry warts that reacted to Alexion Pharmaceuticals, Inc.’s [Nasdaq: ALXN] announcement that it…

That’s The Spirit, Bradley Adds New Airline to The Mix

spirit air
Windsor Locks: Will Connecticut residents have something new to complain about or will they revel in a new low cost travel…

Health

wadleigh

Health Exchange CEO Says Insurers May Drop Out for 2018

On August 2nd Jim Wadleigh CEO of Access Health, Connecticut’s ACA [Obamcare] health exchange. Said that concerns that the Trump Administration might…
aca

Even With Obamacare’s Survival, A Shakeup In CT Healthcare System Threatens

By, Ana Radelat ctmirror.com WASHINGTON:– Even though the U.S. Senate failed to repeal the Affordable Care Act, there will potentially be changes to…

CT Health Exchange Scaling Back Retail Outreach

Access Health CT storefront
Access Health CT CEO, James Wadleigh Dropping Retail Locations in New Haven and New Britain Kyle Constable ctmirror.org HARTFORD: Facing a shortened…

Health Insurers Seek Double-Digit Rate Increases

connecticare kelsey
By: Kyle Constable ctmirror.org Connecticare actuary Kelsey, tries to lay out the numbers behind the company's proposed rate increases. Hartford: Two…

Starling Roosts In New Nest East of The River

starling
Glastonbury: A leading physician owned multispecialty medical practice Starling Physicians hasexpanded east of the river at 289 Western Boulevard.…

Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future

insurance rates
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies…

Connecticut Health Plans Not Happy With Trump ACA Overhaul

cadeuces
Insurers: Trump hasn’t committed to payments that would keep them in ACA exchanges By Ana Radelat ctmirror.com Washington: Despite reports to the…

St. Vincent's Hospital Says No Sale Imminent

stvincents
BRIDGEPORT: In meetings in late February [see report] hospital executives told employees that it was considering a potential sale or merger in the…

What The GOP Obamacare Replacement Bill Means For You And CT

the american health care act gop
By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a…

Hartford Insurance Execs Looking For A Friend In Washington

cadeuces
By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month under the weight of lawsuits…

CT Hospitals Launch TV Ad To Protest New Tax Proposal

hosptialtv
By: Keith M. Pahneuf, ctmirror.com Connecticut’s hospital industry launched a new television ad Thursday to protest Gov. Dannel P. Malloy’s proposal…

Hospitals Worry Medicaid, Obamacare Changes Could Bring Pain

marna borgstrom
By, Arielle Levin Becker [This is a significantly edited version, the complete article can be found at ctmirror.com] With the potential for major…

Technology

shutterstock 174475871 large 700x500 upscale

Connecticut's Top Forty Fastest Growing Tech Cos Announced

HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2017 Marcum Tech Top 40, an annual recognition of the fastest…
fuel cell 300x156

Long Island Giving an Energy Boost to Connecticut Fuel Cell Company

By MItchell Young DANBURY: Fuel Cell Energy [Nasdaq: FCEL] may finally be lifting its head off mat as its receives one of the largest fuel cell…

West Hartford Med Tech Company Raises $1.9 Million

ready
WEST HARTFORD: ReadyDock develops tablet docking stations for tablet PCs used in the medical and laboratory, food, clean facilities, and education…

Crowdfunding & Cause-Related Marketing Seminar In Fairfield

Thursday, June 22, 2017 from 7:00 PM to 8:30 PM EDT Fairfield Library 1080 Old Post Rd. Fairfield Crowdfunding & Cause-Related Marketing "The New…

Fuel Cell Picks Up Some Financial Energy

FUELCELL
Danbury: FuelCell Energy Inc. [Nasdaq: FCEL] stock went on a world wind trip this week losing 10% of it value on a single day May 2. The stock closed…

Milford Fisheries Lab Invents “Man Overboard” Rescue Device

mob 1 cr sm
Milford: Northeast Fisheries Science Center's Milford Laboratory has developed a “Man Overboard” rescue Device. The device is the invention of Robert…

CT Tech By The Numbers

Connecticut TechIndicators
Fifty State Tech Reports Present Connecticut Data CONNTACT.com Compiled Comparisons With Our State Neighbors Below The state of Connecticut and many…

CONNECTICUT INNOVATORS: Stitching Together A Next Generation Product

stapler head
A Global Healthcare Giant Engineers and Builds New In Connecticut By Mitchell Young NORTH HAVEN: Leon Hirsch was hoping to get his entrepreneurial…

Tech Council Selects Top Women Innovators From 50 Leaders

AWARD RELEASE HARTFORD: Fifty women from across Connecticut were honored for their innovation and leadership during the thirteenth annual Connecticut…

Connecticut's Fastest Growing Tech Company - Reports Results

revolution lighting
STAMFORD: Revolution Lighting Technologies, Inc. [Nasdaq:RVLT] was recognized as Connecticut’s fastest growing technology company by the Connecticut…

Real Estate & Construction

Realtor Adds 746 Chapel Street to Property Management Business

746 chapel
WOODBRIDGE: Levey Miller Maretz announced they have expanded its property management business, ading 746 Chapel Street,a mixed use ofice and retail…

New Haven Rents Soften Up A Bit, High But Cheaper than San Fran - Duh

yale
NEW HAVEN: According to the monthly reports by Apartmentlist.com, rents in New Haven have declined 0.8% over the past month, while still being up…

Home Sales Volume Continues To Increase, Condos Still Strongest

house bar graph arrow up2
BOSTON: The Warren Group, publisher of The Commercial Record. Reports that single-family home sales in Connecticut jumped 8.7 percent in June…

Colliers Reports Two Leases in Greater Hartford

NEW BRITAIN, HARTFORD: Colliers International signed two meaty leases in the past month. Stone Valley Granite & Marble held their ribbon cutting in…

New MedSpa and Plastic Surgery Center in Guilford

Patriquin Esana
GUILFORD: A former furniture retail store is the new home of Esana MedSpa and Plastic Surgery Center. The building is made up of a historic house and…

Apartment Complex Next To SCSU Sells

HAMDEN: interest in Greater New Haven apartments by investors continues to grow with the purchase by, CT HLKT 655 Fitch, LLC of Willow Woods, a…

The Connection Rises Above New Haven Green

900chapel
NEW HAVEN: The Connection Inc. has leased 13,122 square feet at 900 Chapel Street. The private, non-profit human service and community development…

Rhode Island Trailer Company Relocates to Plainfield

bh trailer
PLAINFIELD: , B.H. Trailers and Plow CT, LLC, has purchased a 6,000 sf office/showroom/light manufacturing building in the Plainfield Industrial Park…

1555 Post Road East for $2.2 million

493eba65171b4762821d6fa070935370
WESTPORT: 1555 Post Road East, a 10,000 square footoffice building on .81 acres and the former home of Petrucci Construction Corp sold for $2.2…

New Haven Rents Continue To Climb - Surpass Other Cities

Screen Shot 2017 07 06 at 1.23.06 PM
NEW HAVEN: According to information compiled by the apartments listing website Apartmentlist.com rents in New Haven have continued to increase,…

Government

Sales Tax Hike Seems An ‘Inevitability,’ But Questions Remain

salestaximageonmoney
By, Keith M. Phaneuf and Mark Pazniokas ctmirror.com Connecticut’s top state senator said Wednesday he believes moderate Democrats are “growing…

Town Economic Developer Shares Vision and Cites "Wins"

Ryan Tim Wallingford 180x225
Tim Ryan Economic Development Specialist, Wallingford EDC. By Tim Ryan Economic Development Specialist, Wallingford EDC. WALLINGFORD: Let’s be real.…

Cities Part Ways With Dems On New Sales Taxes

DeLong 771x591
Connecticut Conference of Municipalities Executive Director Joe DeLong [Photo: KEITH M. PHANEUF] By Keith M. Phaneuf Ctmirror.org NEW HAVEN: One of…

State Employees Ratify Concessions By Wide Margin

Concessions announcement
Union representatives at a press conference announcing the ratification of a concessions agreement with the state. Photo: Mark Pazniokas ctmirror.org…

Higher Sales Tax On Dems Picnic Table

aersimowicz and ritter
House Speaker Joe Aresimowicz, left, and House Majority Leader Matt Ritter keeping sales tax increase on the table. Sales Tax Hike Remains In Play As…

Getting it Wrong On Alexion. We Have Met The Enemy, And It Is You

alexionn
By Mitchell Young Former Democratic Governor Ella Grasso famously made a home cooked meal for Miles Laboratories, [Bayer Pharmaceuticals] executives…

With Trump's Legal Pick Lieberman Is Likely Off FBI Job List

Lieberman Joe March 2012 336x224
By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s…

Malloy and Unions Close to $1.6 Billion Dollar Deal - Extends Benefits…

Malloy CROP
By KEITH M. PHANEUF ctmirror.com Hartford: Gov. Dannel P. Malloy and state employee unions stand on the cusp of a concessions deal worth close to…

SOLD

The Geenty Group, Realtors completed the $485,000 sale of 30 Main St., in Centerbrook, a 6,000 SF Tudor mansion. This property was previously used as a multi-tenanted office building. Kevin Geenty, SIOR represented the seller, ECC Realty, LLC and Kristin Geenty, SIOR represented the buyer, Michael Hannifan, of Essex. After extensive renovations, he plans to lease the building to his son, Colt Taylor, a chef in Manhattan relocating to Connecticut.

O,R&L Commercial, LLC participated in the $4,350,000 sale of a 22,600 SF retail strip center located at 201 Salem Tpke., in Norwich. The property was built in 2008 and anchored by Goodwill. Tim McMahon of O,R,&L Commercial represented the seller, Sincerest, LLC and also procured the buyer, Easter Seals Goodwill Industries.

Stephen Press, SIOR and principal of Press/Cuozzo Commercial Services and Ted Schaffer, senior advisor completed the off-market sale of 2321 Whitney Ave, the Hamden Center II complex consisting of an 80,000 SF Class A office building and 20,000 SF of retail space. Hamden Reality Associates, LP, seller, owned the property for 20 years and has a completed list of some of the area’s most distinguished business names. The buyer, HC2, LLC over four generations in the Schaffer family has developed, owned and operated real estate all over New Haven County. Schaffer represented the buyer and Press represented the seller in this transaction.  

Angel Commercial, LLC participated in the $840,000 sale of 105 Boston Post Rd., Milford, a 5,094 SF retail property. Angel stated the property was previously used by Westshore Motors and “an automobile use will continue going forward.” John Angel, president of Angel Commercial, LLC represented the seller and Jeanette Politano of Coldwell Commercial represented the buyer in this transaction. 

O,R&L Commercial, LLC participated in the $1,375,000 of a 40,896 SF industrial building located at 118 Sanrico Dr., Manchester. Jay Morris and Robert Gaucher, CCIM, SIOR of O,R&L Commercial represented the seller, Armais Assoc., LLC and CBRE-N.E. Partners, LP represented the buyer, Sanrico RP Reality, LLP. Sanrico RP Reality owns multiple local sites and around the country as an investor/developer. They plan to renovate the entire building and lease it to ABC Supply, a wholesale distributor of roofing, siding, windows, gutters and more since 1982. 

O,R&L Commercial, LLC participated in the $500,000 sale of 1551 King St., Enfield, a 19,665 SF former NAMCO retail building. Jay Morris and Robert Gaucher, CCIM, SIOR were the sole brokers in the transaction. Aramis Assoc., LLC was the seller and Secure Energy Realty was the buyer. They plan to completely refurbish the building and convert it to Class A office. They will use the property as a company headquarters. Their locations reside in Connecticut, Massachusetts and New Jersey specializing in developing and implementing procurement strategies for electricity, natural gas, distributed generation, solar energy as well as other evolving market solutions.

LEASED

Franco Fellah, executive vice president at HK Group represented The Orthopedic & Sports Medicine Center in the negotiated lease of a 2,900 SF medical space at 1800 Post Rd., East Westport. The space was previously occupied by People’s United Bank and the anchor tenant of the center is a Super Stop & Shop. Founded in 1994, The Orthopedic and Sports Medicine Center has established locations in Trumbull, Shelton, Stratford and Fairfield. The Westport space is under construction and should be ready to open for business in early 2017.

Frank Greco, commercial associate in Pearce Real Estate’s Milford Commercial Office negotiated a lease at 33 Sylvan Ave., New Haven. Greco represented the landlord, Trinity Management Company and the tenant, New England Orthotic & Prosthetic Systems, LLC. They are a leading provider of state-of-the-art orthotic and prosthetic care products and services for patients in the eastern United States. This will mark the company’s 13th location in Connecticut, 30 facilities total in New England and New York.

Joel Galvin, GRI, CCS and senior commercial associate in Pearce Real Estate’s North Haven office negotiated a three-year lease located at 2346 Boston Post Rd., Guilford, a 2,080 SF professional office space. Galvin represented both the landlord, TPM Reality, LLC and the tenant, Medpricer.Com, LLC. This location will be a new headquarters for Medpricer.Com, LLC, a business enabling health care professionals to save on both purchased services and e-sourcing for hospital services.

O,R&L Commercial, LLC negotiated a lease of a 1,825 SF retail store at 1206 Silas Deane Hwy., Wethersfield., to Miracle Ear. They have over 1,200 retail locations nationwide—13 of them in Connecticut. They have provided complete customer care packages to millions for over 65 years. Jay Morris and Robert Gaucher, CCIM and SIOR of O,R&L Commercial represented the landlord, Phoenix Reality Management and Andrew Armata of Sullivan Hayes Companies Northeast represented the tenant, Northeast Hearing LLC

OTHER NEWS

Avison Young’s Fairfield/Westchester office was named exclusive leading agent for the Class A office building which is located at 1000 Lafayette Blvd., Bridgeport. Over 70,000 SF of available space at the 11-story will by marketed by Sean Cahill, managing director and Lori Baker, vice president— 215,000 SF in Class A office building in Bridgeport’s central business district. There will be two full floors of 23,000 SF each available at this space as well as partial floors anywhere between 4,000 to 8,300 SF.

President of Southport-based Angel Commercial, LLC Jon Angel announced Levy, Diamond, Bello & Associates, LLC will be relocating to Quarry Road Business Park in Milford. They have leased an office space of 2,816 SF. Levy, Diamond, Bello & Associates, LLC is a firm specializing in debt collection since founded in 1982. They provide accounts receivable products and services to credit as well as collection professionals located in the U.S. and abroad. Their clientele expands in areas including transportation, manufacturing, publishing, construction, medical supplies and sporting goods sectors. 

Kubtec, an innovation leader in digital imaging, will relocate its corporate headquarters from Milford to a larger location at 111 Research Dr., Stratford. The new location will double the company’s manufacturing capacity as well as providing a central location for all departments at Kubtec including manufacturing, research and development, customer service and support and commercial operations. The move was completed
on Dec. 6.