by | May 24, 2021 3:57 pm | Comments (22)
Tenant Fabian Rosario and Rosa Rivera outside Fairbank: “Perfect.”
Thomas Breen photo
Newly sold Fairbank Apartments at 355 Ferry St.
A California-based affordable housing developer has purchased a Fair Haven senior apartment complex for $11.1 million — and is seeking a local tax break for a $7 million rehab.
by | May 7, 2021 12:17 pm | Comments (16)
Thomas Breen photo
40 Exchange St. in Fair Haven.
Contributed photo
Tenant Gil Morrison: 50% rent hike? “Insulting.”
Two “investment bros” pulled up to Exchange Street, ready to scope out a small rental property they were under contract to buy from an octogenarian landlord.
Who were these guys? wondered a tenant.
by | Apr 30, 2021 4:03 pm | Comments (14)
Thomas Breen photo
Tony Falcone’s “Fast Track” mural on Sports Haven outside wall.
A Queens builder has purchased the Sports Haven complex on Long Wharf for $6 million — and the betting money is on a long-term transformation of the oil drum-shaped gambling mecca and its asphalt sea of surface parking.
by | Apr 2, 2021 3:22 pm | Comments (8)
Thomas Breen photo
352 Whalley Ave.: Stubbornly vacant, under new ownership.
Thomas Breen photo
Neighbor Lynel Caply: Put in a “nice, little restaurant.”
New owners of a Whalley Avenue corner lot face a challenge that has defied their predecessors for over 20 years: Turning prime real estate on New Haven’s busiest commercial thoroughfare into something more than fenced-in dirt.
by | Mar 16, 2021 5:00 pm | Comments (2)
Thomas Breen photo
570 Whitney Ave., where Mandy Management recently purchased 16 condos.
For only the second time in two and a half years, the megalandlord Mandy Management purchased market-rate rental housing in East Rock — picking up 16 condos on Whitney Avenue as part of a monthlong, $4 million, 45-unit buying spree.
by | Feb 19, 2021 12:45 pm | Comments (3)
Google photos
35-145 Cooper Pl.
A New Jersey investor has expanded his west side residential holdings by picking up a 137-unit Upper Westville apartment complex for $21 million — more than double the value the city places on the properties.
by | Jan 29, 2021 4:23 pm | Comments (6)
Thomas Breen pre-pandemic photo
Mendel Paris (left), the new owner of the former “Paradise” property at and behind 86 Fitch (below).
Local landlord Mendel Paris has purchased the former west-side headquarters of a scandal-plagued landscaping company, in one of the city’s latest property transactions.
by | Jan 11, 2021 4:54 pm | Comments (2)
Thomas Breen photo
IFS: All moved in on Murphy Drive.
An industrial pump manufacturer has finished moving its 75 employees into the former Radiall factory buildings in Fair Haven — and now has $7.4 million to grow its local business more.
by | Jan 8, 2021 4:37 pm | Comments (9)
Thomas Breen photo
Westville complex: City taxes it as though it’s worth $38M.
A Westville apartment complex that last sold for $41 million has flipped owners again — this time for another $8‑plus million, and $12 million more than the value the city places on it.
by | Dec 24, 2020 10:48 am | Comments (28)
Thomas Breen / Google Maps photos
Recent Mandy purchases, clockwise from top left: 139 Beacon Ave., 22 Allen Pl., 239 Fitch St., 197 Exchange St.
Ex- staffer Jacob Miller: Growth is the mantra.
2020 proved a banner year for Mandy Management, as its affiliates spent over $37.2 million buying roughly 390 apartments citywide, more than double the amount it spent in its 2019 spree.
A housing and job-creation success story? Worrisome concentration of low-income housing? Or business as usual in New Haven?
by | Nov 27, 2020 9:40 am | Comments (2)
Google Maps photo
197 Exchange St.
Local megalandlord Mandy Management kept on growing with purchases of a six-unit Fair Haven apartment building and a three-family Westville house, in some of the city’s most recent property transactions.
by | Nov 13, 2020 4:46 pm | Comments (19)
Thomas Breen photo
8 Legion Ave.: Pricey parking lot.
Yale New Haven Hospital purchased the above-pictured Legion Avenue surface parking lot and one beside it for over $4.5 million. The city taxes it as though it’s worth just over $126,000.
Continue reading ‘Lot Sells For 35 Times City-Appraised Value’
by | Oct 30, 2020 10:55 am | Comments (2)
Assessor database
One of the DEKK Group’s latest Dunkin’ Donuts buys, at 323 Whalley.
Dunkin’ Independent Franchise Owners
Dunkin’ Donuts franchisee king Konstantino Skrivanos (third from left) at 2018 charity gala.
A Massachusetts-based “mega-franchisee” bulked up its regional fast food holdings by purchasing three local Dunkin’ Donuts outlets for $4.6 million, in the city’s latest property deals.
by | Jan 7, 2020 12:59 pm | Comments (9)
City assessor photos
Recent Mandy acquisitions, clockwise from top left: 185 Thompson St., 234 Starr St., 1495 Ella T. Grasso Blvd.,1599 Ella T. Grasso Blvd.
Affiliates of Mandy Management spent over $16 million in 2019 as the New Haven real estate empire of primarily low-income rental apartments expanded by 70 properties containing 186 different apartments citywide.
by | Dec 21, 2018 1:12 pm | Comments (14)
Thomas Breen photos
Recent Mandy purchases in Newhallville: 38 Townsend St., 247 County St., 591 Sherman Pkwy., and 100 Newhall St..
A single-family Colonial in Fair Haven. A two-story condo in the Annex. A three-family house in Newhallville. A 21-unit complex in Edgewood.
Those are four of 87 New Haven properties that the Netz/Mandy Management organization took over in 2018, a year that saw the operation acquire over 170 units and spend almost $13 million in expanding its local real estate empire of low-income rental apartments.
by | Jan 11, 2013 3:35 pm | Comments (1)
Allan Appel Photo
As goes Orange Street Hairstyles, so goes New Haven small business, it seems.
by | Aug 9, 2012 12:00 pm | Comments (3)
Diarist Vanessa Fasanella returned to work after an ominous Friday warning from her company’s owner — that she consider whether she still should be working at the company.
by | Jul 12, 2012 12:32 pm | Comments (1)
Kathleen Cei Photo
The past week was filled with paranoia and guilt and exhaustion.
Last Sunday I had an all-day adventure with my two girls and my mother-in-law, who volunteered to help me drive my older daughter to camp. She chose to attend a Girl Scout camp out of state, sight unseen, because it offered a baking program she loved. We prepared for camp by watching baking shows on Netflix (as we don’t have cable), and scrambling to buy new T shirts and shorts (as she wore a uniform to school every day and doesn’t own a lot of clothes).
by | Jul 2, 2012 12:40 pm | Comments (25)
Melissa Bailey Photo
Davis: “It’s the way they were laid off.”
(Updated Monday 9:50 p.m. with new disciplinary information.) As planned, the school district has let go 15 custodians as part of a shift toward privatization — with an unexpected wrinkle: Instead of cutting jobs based on seniority, managers were allowed to “pick and choose” who would go.
by | Mar 19, 2012 8:10 am | Comments (1)
Thomas MacMillan Photo
Response’s Lavoie talks with U.S. Reps. Murphy & Richmond.
Looking to learn how to cultivate small businesses statewide, U.S. Senate candidate Chris Murphy stepped into a New Haven company that’s a greenhouse of budding new ventures and two other companies that keep adding workers — with no government help.
Continue reading ‘Murphy Sees. Murphy Clicks. Need Murphy Fix?’
by | Feb 29, 2012 4:05 pm | Comments (0)
Brian Willetts and Hallie Martenson as Joe and Edna.
Have to stay living with your parents long after college? Can’t find a job that pays enough to give you a real start in life while you quake in fear you’ll lose the crappy one you have? Who’s going to care for the ailing parents? Feel the economic deck is unjustly stacked against you and your family?
Continue reading ‘Great Recession Meets Great Depression, Onstage’
by | Dec 21, 2011 9:03 am | Comments (31)
Melissa Bailey Photo
Desmond Wilkes, unemployed since October, makes his pitch.
The jobs have no benefits, are part-time and pay less than union jobs they’re replacing. That didn’t stop 40 out-of-work New Haveners — some approaching the 100th-week cancellation of unemployment checks — from lining up for a chance to land one of 165 positions cleaning city schools.
Continue reading ‘99ers Line Up For Outsourced Custodial Jobs’
by | Sep 26, 2011 8:40 am | Comments (33)
Allan Appel Photo
Cave a Vin owner Linda Fitzpatrick.
Of the reds, #124 has been the most popular so far. She herself enjoys a flight of whites consisting of #114, 115, and 117. The first is a Rioja with notes of leather, strawberry, vanilla, and, yes, cigar box. The last three are chardonnays from central California.
by | Aug 9, 2011 8:01 am | Comments (16)
Thomas MacMIllan Photo
U.S. Rep. DeLauro (right).
Alexandra Ferreira is about to join the 99ers club, people who have reached the end of their 99 weeks of government unemployment benefits. Joe Guerrera, a heavy equipment operator, can’t find consistent work and worries about putting his son through college. Mike Alberino, a steelworker, said free-trade agreements have eviscerated American manufacturing.
They gathered in a Fair Haven church to serve as human exhibits for a quest by labor leaders and their U.S. congresswoman to change the channel in the nation’s recession discussion: From the “Debt” Channel to the “Jobs” Channel.
Continue reading
‘Fair Haven Message
To D.C.: "It's About Jobs"’
by | Jul 21, 2011 1:06 pm | Comments (4)
Thomas MacMillan Photo
Sal Brancati makes the pitch Wednesday night.
In a sign of the recession-era times, old cars that once would have been simply scrapped are now being stripped to the bone first, to supply an increased demand for cheap replacement auto parts. One New Haven company is looking to cash in on the trend.