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Higher interest rates, economic uncertainty sink CT commercial realty sales volume

Higher interest rates, economic uncertainty sink CT commercial realty sales volume
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

Shifting property tax burdens provide businesses, commercial landlords some relief, leave homeowners to pay more

East Hartford Mayor Michael Walsh heard many concerns from businesses and residents during his town’s state-mandated property tax revaluation in 2021. East Hartford’s residential properties increased in value far more than commercial and industrial buildings. As a result, the town’s $136.1 million tax levy which funds a majority of East Hartford’s $211.1 million budget shifted proportionately away from commercial and industrial owners to residential property holders, who already comprise a greater percentage of the grand list.

Evergreen Walk in South Windsor seeks to build 165 more apartments nearby

Despite being rejected in the winter, a developer is again asking South Windsor to authorize 165 more apartments behind Evergreen Walk - and is suing in case the answer is "no."

As big banks close brick-and-mortar locations, Chase boosts overall CT footprint

As big banks close brick-and-mortar locations, Chase boosts overall CT footprint
hartfordbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hartfordbusiness.com Daily Mail and Mail on Sunday newspapers.

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