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A development firm has proposed building a $39 million, 151-unit apartment project in Newington, a town that has become a hot spot for new rental housing.

Smith & Henzy Affordable Group Inc., which is active in New York and Florida, has submitted plans to the town for the four-story, two-building development to be constructed at the corner of Pane and Maselli roads, which is currently a vacant 5-acre lot, according to the project plans. 

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