1831 Bancorp and South Shore Bancorp plan to join forces to bolster their collective resources and competitive standing in New England's largest market.
Farmington’s Planning and Zoning Commission approved moratoria temporarily halting new single-family and multifamily zoning applications, following a public hearing Monday night.
Town Planner Shannon Rutherford said the purpose of the moratoria is to give the commission and staff time to “research and consider regulation changes to implement the town’s Affordable Housing Plan.”
The commission unanimously voted to approve the moratoria.
The Greater Hartford office market continued to “block and tackle” over the past 20 months, with landlords and tenants adapting to the changing tides of COVID-19.
By the second quarter 2020 shutdown, landlords and tenants pushed ahead and focused on business as usual. By year-end 2020, tenants began to explore work-from-home options and reevaluate office space needs.
Landlords reacted by offering attractive incentives to tenants improvement packages, rent concessions and/or flexible lease terms due to softening office demand.