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Two years in, effort to replace burdensome Transfer Act not expected to be completed until 2024

There was a big round of applause as Department of Economic and Community Development Commissioner David Lehman assured a Nov. 9 gathering of brokers that progress is being made in a two-year-old effort to design a replacement for the much-criticized Transfer Act. “I think the business and brokerage community is really happy this process is in motion,” said Samuel Haydock, a principal with Meriden-based engineering and environmental consulting firm BL Companies and an attendee at the event. “I think everybody is frustrated it’s taking as long as it’s taking. But that’s reality.”

CEO of New Britain-based Stanley Black & Decker steps down

CEO of New Britain-based Stanley Black & Decker steps down

CEO of New Britain-based Stanley Black & Decker steps down
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