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Waterbury officials have launched a search for a developer to transform the former St. Mary’s Grammar School into affordable housing for medical workers. The city is holding out the possibility of a state grant of up to $20 million as an incentive.
Richard A. Robinson’s retirement as chief justice of the Connecticut Supreme Court takes effect at close of business Friday, but his nominated successor, Raheem L. Mullins, cannot succeed him on even an interim basis until an affirmative vote of the legislature’s Judiciary Committee.
Danbury-based FuelCell Energy Inc. reported a $35.1 million loss during its third-quarter conference call Thursday morning, as it faces potential delisting by the Nasdaq exchange unless it can raise its stock price above $1 before the end of November.
RTX’s Pratt & Whitney unit has reached a settlement in a class action lawsuit that claims the East Hartford-based aerospace manufacturer engaged in an anti-poaching conspiracy in an effort to keep labor costs in check.
Telecommunications giant Verizon Communications will acquire Frontier Communications, which was headquartered in Norwalk until recently, in an all-cash-deal valued at $20 billion, Verizon announced Thursday morning.
A 9,090-square-foot shopping center on 2.5 acres in Farmington recently sold for $1.87 million. In a deed recorded Aug. 23, Spring Plaza LLC sold the 16-year-old plaza at 2 Spring Lane to Spring Lane Plaza LLC. Both limited liability companies list Farmington addresses.
The St. Luke’s Development Corp. is partnering with The Glendower Group Inc., the development arm of New Haven’s Housing Authority, on a new mixed-use affordable housing project along Whalley Avenue.
Just over four months after fires on consecutive days destroyed its clubhouse, Wampanoag Country Club is seeking a permit from the town of West Hartford to build a new one.
State policymakers are considering a special session to address the spike in electric rates in Connecticut.
The “public benefits charge” on customers’ bills ballooned in July, causing large commercial-industrial customers to see an increase of about 57% to the delivery portion of their bill.
For residential customers, the average increase was 30% to 35%.
The sharp increases have prompted Republicans in the state legislature to push for a special session to address the issue. They say the state should tap into its budget surplus funds to reduce electric rates this fall.
Democratic leaders say the cost-cutting plan doesn’t make sense and is a political maneuver by Republicans that would provide little relief to customers.
Gov. Ned Lamont has indicated he would reach out to legislative leaders about the issue and acknowledged that more needs to be done to lower electricity costs, but he stopped short of endorsing a special session.
A prominent power couple in Connecticut’s political and academic circles, Luke and Sara Bronin, announced in a message emailed to friends Sunday evening that they intend to divorce.
Almost nine in 10 business executives surveyed by the Connecticut Business & Industry Association say the cost of doing business in the state is rising, while just 8% say the state’s business climate is improving.
The team behind a proposed massive, mixed-use redevelopment of portions of East Hartford’s Founders Plaza has spent about $16 million so far as it closes in on final property acquisitions needed for the project.
A handful of health care workers at the Bradley Memorial Campus of the Hospital of Central Connecticut gathered at the Southington facility on Tuesday morning to demand more security in response to what they describe as a patient population that’s grown increasingly agitated and aggressive since
Following a lengthy due diligence review, Pennsylvania-based industrial real estate developer Bluewater Property Group is pushing ahead with plans for a massive robotic-assisted Amazon warehouse on a 183-acre site straddling Waterbury and Naugatuck.
One down, 64 to go. Revolution Wind, the nation’s first multistate offshore wind farm project, announced Tuesday it has installed its first wind turbine.
A national financial services provider has acquired New Haven-based mergers and acquisitions firm Woodbridge International. Mariner, which is based in Overland Park, Kansas, announced the deal Tuesday morning.
Ride New Haven, the city’s bike share program, is making a return after a four-year hiatus, with a new fleet of e-bikes. Drop Mobility was selected as the program vendor, and The Devil’s Gear, a local New Haven bike shop, will operate and maintain the e-bike system.
Mercer Global Advisors Inc., a Denver-based national Registered Investment Adviser (RIA), said Tuesday it has acquired Benchmark Wealth Management LLC of Old Lyme. Terms of the deal were not disclosed.
From 2020 to 2022, state officials repeatedly froze admissions to a children’s psychiatric center in Hamden following repeated reports of abuse and turmoil at the facility, including allegations of staff members kicking and spitting on a child who was under their care.
Plans to launch a minor league soccer team out of Bridgeport next year have been postponed, the Connecticut Sports Group announced on Friday.
Just two months into the new fiscal year, Connecticut’s Medicaid program is facing $210 million in projected cost overruns, creating new challenges for lawmakers hoping to spend even more next year to boost payments to doctors who treat low-income patients.
The insurance company that owned the naming rights to the XL Center in Hartford for 17 years has ended its contract with Oak View Group, which manages the venue, leaving the facility’s name up for grabs.
The Hartford metro area is on track to add 6,642 apartment units between 2024 and 2028, up from 3,979 between 2019 and 2023 – an increase of 2,663 units or 66%, according to a report
If you needed additional evidence of the expanding reach of name, image and likeness (NIL) in college athletics, look no further than Rentschler Field in East Hartford.
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Read HereThis special edition informs and connects businesses with nonprofit organizations that are aligned with what they care about. Each nonprofit profile provides a crisp snapshot of the organization’s mission, goals, area of service, giving and volunteer opportunities and board leadership.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering Vital Marketplace Content and Context to Senior Decision Makers Throughout Greater Hartford and the State ... All Year Long!
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