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July 26, 2021 / 2021 Power 25 Real Estate

2021 Power 25 Real Estate: Avner Krohn

Avner Krohn, chairman and CEO of Jasko Development, has acquired, developed and sold numerous buildings in New Britain and other Hartford-area communities since the New York native began investing here 15 years ago.

Rather than slow down during the COVID-19 pandemic last year, Krohn appeared only to double down, working to win approvals to build a 111-unit luxury apartment complex in Bloomfield that is now under construction, and acquiring with his partners parcels on Farmington Avenue in West Hartford where they hope to build another 48 luxury units and 10,000 square feet of retail space.

Avner Krohn

That new construction adds to numerous apartment redevelopment projects he has completed, focused in New Britain, that have often included historic preservation elements.

Krohn entered 2021 with a bang, securing a tax break likely worth millions from the city of New Britain to bolster an envisioned $13 million-plus tear down and rebuild of the former Burrit Bank complex and an adjacent property, where Krohn wants to build 90 apartment units and ground-floor commercial space.

Krohn said recently the project would likely be the first example of ground-up multifamily development in the Hardware City in decades.

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