Lance Thomas, on Winchester Ave: "There's too much gun violence."
414 Dixwell, one of many Ocean properties up for sale.
Ocean Management affiliates sold another nine local rental properties over the past month — while Mandy Management affiliates sold six buildings of their own and bought one anew — as “For Sale” signs continue to pop up on front lawns across Newhallville and Dixwell.
Yale has purchased a two-and-a-half-story Prospect Street house-turned-office building for $2.85 million, further cementing the university’s ownership of much of a Prospect Hill block.
1476 Chapel tenant Shaquita Alston (right) with sister Katina Kitchens: "Why keep selling it if it needs to be torn down?"
An affiliate of Ocean Management has sold a 20-unit West River apartment complex, which is home to a newly formed tenants union, for $2.44 million — as the local megalandlord continues to unload rental properties at prices well above what it paid to buy them over the past decade.
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Mia Cortés Castro |
Jul 10, 2023 11:16 am
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Mia Cortés Castro Photo
Daniel Marca (right) and fam: "We really just wanted a home in which our family can grow up and live for a long time.”
Looking forward to new memories to be made as new homeowners in the Hill, Daniel Marca and María González and their two young children explored the perimeter of an empty and partially boarded up house on Tyler Street that they won after ending on top of a crowded tax foreclosure auction.
Welcome to the Monterey? The current condition of the historic former jazz club, five years after Ocean Management bought it.
More than $260,000 in unpaid liens and blight fines appear to be holding up the city’s planned purchase of the long-derelict former Monterey Jazz Club and surrounding Dixwell properties.
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Thomas Breen |
May 31, 2023 8:59 am
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Thomas Breen file photo
Ship ahoy in the Annex. More to come, with a to-be-deepened port?
A Massachusetts-based company has purchased a handful of waterfront storage properties in the Annex for over $17 million — in anticipation of a federally subsidized harbor-deepening project that promises to boost business in New Haven’s already bustling industrial port.
Yale New Haven Hospital spent more than $101 million buying a Rubik’s Cube-patterned medical-district building that it has used for more than a decade for clinical laboratories, a pharmacy, a lecture auditorium, and patient and visitor access to the nearby Smilow Cancer Hospital and Air Rights Garage.
... to be built by Ancora at SW corner of ex-Coliseum site.
A North Carolina-based real estate developer has purchased the southwest corner of the ex-Coliseum site for over $10.6 million — furthering an already-city-approved plan to build up that part of the property into a new 11-story lab and office building.
Congress/Davenport apartment plan, slated to replace to-be-demolished properties like 326 and 348 Davenport (below).
Thomas Breen photo
A California-based developer has purchased nine Hill properties for a combined $4.35 million — advancing plans to construct 194 new apartments on Congress and Davenport Avenues.
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Thomas Breen |
Jan 16, 2023 2:04 pm
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Thomas Breen file photo
Scrap metal ready for recycling at 808 Washington.
An international metal recycling company has purchased a Hill scrapyard that it has run and leased for the past nearly two decades, in one of the city’s latest property deals.
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Laura Glesby |
Jan 9, 2023 1:57 pm
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Thomas Breen file photo
The former Winchester Arms plant at Munson and Mansfield, slated for demolition.
Laura Glesby Photo
Science Park Development Corp's David Silverstone: "I'm afraid someone's going to get hurt."
Science Park’s redevelopers are still planning to knock down an abandoned factory building saturated in toxic oil and marked by broken glass.
They’re now one small step closer to realizing that goal, as alders advanced a grant application that would cover a portion of the $10 million they need to demolish and remediate the derelict former site.
360 State St.: Sold for $160M, appraised at $115M.
New Haven land records database
New Haven cut a $166 million break for out-of-town investors in the 10 biggest real estate deals of 2022 — leaving local taxpayers with the bill in a year that was supposed to start seeing the real estate boom pay local benefits.
The break came in the form of real estate tax appraisals that ended up far lower than the prices that buyers actually paid when they determined what the true values of high-end properties should be.
Two New Jersey-based investors have purchased the 158-unit Winchester Lofts luxury apartment complex — capping off a two-year local real estate spending spree that has seen that same landlord duo buy a total of 632 New Haven apartments for a price tag likely well in excess of $100 million.
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Thomas Breen |
Nov 17, 2022 12:47 pm
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Buyers Josef and Jacob Feldman of MOD Equities: Now the owners of 145 more Dwight neighborhood apts.
A New York-based landlord team that has long been active in New Haven’s real estate market added 145 more apartments to its local portfolio — in part by paying twice as much as the city-appraised value for a recently built Howe Street luxury apartment complex.
One of the city’s largest investor-landlords has snapped up a Fitch Street apartment building that once housed previously homeless families, after a middleman flipped the property at a $875,000 markup.
New landlord Gideon Friedman: This high-rise is an "icon."
A New York City-based real estate company has purchased the 360 State St. apartment tower for a whopping $160 million — which is nearly $45 million above the high-end high-rise’s latest city-appraised value.
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Thomas Breen |
Oct 24, 2022 4:12 pm
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Dresses out, bongs in at 968 Chapel.
The former home of the original Ann Taylor clothing store — which now sports bongs and hookahs instead of upscale womenswear — has changed hands for $2.795 million.
Elmer Rivera Bello at Tuesday's presser on Davenport.
A dozen Hill neighborhood leaders and residents pressed for more time — and more affordable housing — in a last-ditch effort to stall a 194-unit apartment complex planned for Davenport and Congress Avenues.
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Thomas Breen |
Oct 7, 2022 2:36 pm
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100 Crown St.: Sold for $1.4M.
A downtown landlord has purchased a 1903-built Crown Street commercial building for $1.4 million to make room for his realty firm as he builds out the newly opened “bioscience center” around the corner.
The former CVS site at 215 Whalley. Future home of MCCA outpatient clinic.
CFO Connan: Will "better serve" community.
A Danbury-based addiction-treatment nonprofit plans to move its local outpatient clinic to the former CVS site at Whalley Avenue and Orchard Street, after purchasing that recently shuttered ex-pharmacy property for $2.5 million.
Commercial tenants at 881-883 Whalley (pictured) can stay put for the duration of their leases.
A Fair Haven Heights-based early childhood education nonprofit continued its citywide expansion by purchasing two adjacent commercial buildings in Westville Village for $1.995 million.
A New York City-based developer has purchased the long-vacant former Harold’s Bridal Shop property on Elm Street for $4.85 million, and intends to follow through on already approved plans to convert the site into 96 new apartments.
A North Haven-based regional arts education organization has purchased a two-and-a-half story law office building on Orange Street for $975,000, with plans to convert that site into school “programmatic” spaces after the current tenant’s lease runs out next year.
Connecticut FBI building at 26 Grove St. / 600 State St.
The city brought in $2.5 million after selling the land underneath downtown’s FBI building to the local private developer that has leased that property for the past two decades.
Farewell, flicks: Middletown Ave.'s Ciné 4, now shuttered.
Start the early ed: Friends Center's Schiavone, who plans to convert cinema into childcare campus.
The lights are off and the popcorn’s all gone from a decades-old independent movie theater on Middletown Avenue — which new nonprofit owners aim to convert to a bustling campus for affordable early childhood education.
