Tensions are rising between the Storrs and Hartford after University of Connecticut officials announced Wednesday that the governor’s proposed budget will leave the university system and its medical school $160 million in the red.
The uncertainty surrounding the future of Hartford’s office market contributed to a broader turbulence in development in 2022. Projects had a tougher time getting started. Rising costs stoked by inflation made it more difficult to button-down financing in a lending environment marked by rising interest rates.