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July 26, 2021 / 2021 Power 25 Real Estate

2021 Power 25 Real Estate: Larry Gottesdiener

HBJ FILE PHOTO Larry Gottesdiener stands in front of the Northland developed Hartford 21 luxury apartments.

Larry Gottesdiener was once Hartford’s biggest cheerleader, described in a 2007 New York Times article as “Hartford’s Booster in Chief.”

He espoused the notion of turning the city into a “24-hour neighborhood” where people “live, work and play.” He even expressed a desire to buy and bring back to Hartford an NHL franchise and lead development of a new downtown arena.

His vision never fully came to fruition, derailed, in part, by the Great Recession, which contributed to Northland losing three of its Class A office towers in downtown Hartford to foreclosure.

Northland’s main focus turned away from Hartford years ago, but the company is still a significant landlord in the city, controlling key pieces of real estate.

Gottesdiener, for example, still owns the Hartford 21 luxury apartments on Trumbull Street, which Northland built, and several smaller mixed-use office buildings on Trumbull, Pratt and Allyn streets (Hartford Business Journal is a tenant of the Northland-owned building at 100 Allyn St.).

Gottesdiener could also dictate the future development of two key, but underutilized pieces of real estate, including atrium space within the XL Center, which is being eyed as a sports betting venue, and the long-vacant former YMCA building on Jewell Street — both properties are owned by Northland.

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