Spectra Pearl Main News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Parking magnate Alan Lazowski has acquired a 50% ownership stake in four large Class A apartment buildings in downtown Hartford.
Lazowski, head of LAZ Parking and LAZ Investments, partnered with longtime realty development partner Marty Kenny to purchase the stake from Jeffrey Ravetz of New York-based Girona Ventures.
The deal includes Spectra Plaza at 5 Constitution Plaza, Spectra Pearl Main at 101 and 111 Pearl St., and Spectra Park at 100 Trumbull St., which contain a combined 554 mostly market-rate apartment units. 
Financial terms of the ownership shake-up were not disclosed, but Lazowski said that Joseph Klaynberg will maintain his 50% stake in the properties, three of which were 90% leased or higher as of November, according to data from the Capital Region Development Authority, which has financed apartment conversions at the properties over the past nine years. ....

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