Otis pays a 44-cent dividend Dec. 11, and Polaris pays 68 cents Dec. 15

Otis Worldwide will pay a quarterly dividend of 44 cents a share on Dec. 11 to holders of record at the close of business Nov. 13, the Farmington, Connecticut, elevator maker said in an Oct. 29 release. Polaris will pay a regular quarterly cash dividend of 68 cents a share on Dec. 15 to holders... The post Otis pays a 44-cent dividend Dec. 11, and Polaris pays 68 cents Dec. 15 appeared first on The Financial Wire .

A governor who shows up for the Berkshires

It is one thing for a governor to know where the Berkshires are. It is another to understand what it takes to live here. I first encountered Maura Healey in January 2020, when I was serving on the Great Barrington Selectboard. I had traveled to the State House to testify on a home rule petition concerning the return of horse racing to the Great Barrington Fairgrounds.

Cushman & Wakefield hires Schirick as tri-state market lead for its Valuation & Advisory Business

NEW YORK, NY — Cushman & Wakefield, a global real estate services firm, announced that Michael Schirick has joined the organization as the Tri-State Market Lead for Valuation & Advisory (V&A). In this role, Schirick will oversee the firm’s valuation business across New York, New Jersey and Connecticut, working closely with the national V&A leadership team to advance the firm’s client strategy throughout the Tri-State market.

Blasius Auto Group closes Brookfield and Torrington dealerships

The Blasius Auto Group is in the process of closing two dealerships, a spokesman for the Waterbury-based company said. The group is closing its Mitsubishi dealership in Brookfield and its used-car dealership in Torrington, according to Bill Palomba, the group's marketing director. He said the stores had not performed as well as the company had hoped when they opened.

Hartford HealthCare Pays $17.4M for Manchester's Old Sam's Club Building

Hartford HealthCare has paid $17.4 million for the former Sam's Club property at 69 Pavilions Drive in Manchester, a 138,215-square-foot building on 13.07 acres that the health system plans to turn into a centralized medication distribution center. The deal, finalized through a warranty deed recorded on October 7, closes the book on a big-box store that has sat empty and repurposed since 2018.

Housing affordability weighs on young Connecticut voters

For young voters in Connecticut, housing affordability has emerged as a major concern ahead of the November gubernatorial election. Janiya Mercado, 18, a retail employee from Bridgeport, said her family pays about $1,400 in rent. Her grandmother owns the property, but Mercado said rising tax costs have contributed to higher expenses and a financial burden on her family.

Beyond the Hamptons: The Quiet Appeal of Sharon, Connecticut

There are towns in Litchfield County that buyers discover and then quietly tell their friends about. Sharon, Connecticut tends to work that way. People arrive for a specific reason, a school, a lake, a property they saw online, and find something harder to define once they get there. The retention rate, in the informal sense of how many buyers come once and come back, says something about the town that listing data alone does not.

Blasius Auto Group closes Brookfield and Torrington dealerships

Orders placed through the Brookfield and Torrington dealerships will be honored, and scheduled service work will be performed at those locations, Bill Palomba said.

This 4,000-Square-Foot Connecticut Tack Shop Is A Wonderland For Horseback Riders And Horse Lovers Alike

Horse lovers have a special talent for turning a quick shopping trip into a much longer adventure. And honestly, can you blame them when there’s so much interesting equipment to look at?. Now imagine having 4,000 square feet to explore. One Connecticut tack shop offers horse enthusiasts an impressive...

Hector Arzeno on Independence, Housing, and His Record in Hartford

From a challenging childhood in Argentina to international banking and the Connecticut legislature, Greenwich’s 151st District representative discusses his independence, his disagreements with Hartford on housing, and why he believes the best measure of a politician is what he accomplishes. Hector Arzeno remembers the moment he thought he might...

Former CT railroad depot to become home to cocktails, antiques and tea

Lore will focus on teas, antiques and "curiosities," while Archetype will feature a cocktail station, according to the business's Instagram page.

New Haven breaks ground on $32 million affordable housing development in Dwight neighborhood

New Naugatuck apartments a ‘blueprint’ for transit-oriented development

Officials say the project is part of a transit oriented plan to revitalize downtown Naugatuck to make the town more inclusive and connected.

Cafasso named president of the SIOR CT/Western MA Chapter for two-year term

Hartford, CT John Cafasso, CCIM, SIOR, principal with Colliers in Hartford and New Haven, has been named president of the Society of Industrial and Office Realtors Connecticut/Western Massachusetts Chapter. Cafasso will lead the organization for a two-year term. As chapter president, Cafasso plans to focus on increasing member engagement, delivering...

Regal Ventures, Snowball Developments and Devli Real Estate acquires 186,603 s/f single-tenant industrial asset

Windsor, CT A joint venture comprising Regal Ventures, Snowball Developments and Devli Real Estate has acquired a 186,603 s/f, single-tenant industrial asset located at 600 Day Hill Rd. All three partners are based in the New York City area. The site is fully leased by the Spencer division of Howden...

Naugatuck's Vacant Lot Becomes 60 Apartments, With 120 More and a Train Station Coming

The first 60 apartments at The Platform at Naugatuck are complete on a seven-acre downtown site that had stood vacant for years. The project’s location alongside a planned replacement train station makes the development part of a broader effort to bring housing and rail access together in downtown Naugatuck.

New Naugatuck apartments become ‘blueprint’ for transit-oriented developments

By next summer, downtown Naugatuck will be transformed, with dozens of new apartments and a new train station. Naugatuck’s downtown redevelopment has drawn the attention of Gov. Ned Lamont, who said it’s an example of the potential Transit Oriented Developments (TODs) hold. “I hear a lot of speeches...

Affordability or family friendliness? Buyers must choose in Connecticut.

A look at the trade off between family friendliness and home value.

Pennrose Cuts Ribbon on First Phase of Naugatuck Redevelopment

Pennrose, The Cloud Company and the Borough of Naugatuck, CT cut the ribbon on Platform at Naugatuck, the first phase of a multi-phase redevelopment of a vacant, seven-acre site on Old Firehouse Road. The development delivers 60 apartments, approximately 3,000 square feet of ground-floor commercial space and an array of resident amenities.

Marcus & Millichap Lists USPS Operations Facility in Hartford County

Marcus & Millichap has the listing for sale of the USPS Northeast Operations Facility in Windsor, CT, within Hartford County. Harrison Klein and Chez Eider of Marcus & Millichap, in association with John Krueger, the firm’s broker of record in Connecticut, are exclusively marketing the asset on behalf of the seller, a New York City-based investment firm.