According to the Hartford Business Journal, M&T Bank is selling a $31 million non-performing loan backed by the 555 Long Wharf Drive office building in New Haven. The 15-floor, 418,595-square-foot building, owned by Fusco Corp., is 43.2% occupied and has struggled with vacancies since the pandemic. The loan, originally issued by People’s United Bank, matured last […]
Month: June 2024
According to the Hartford Business Journal, M&T Bank is selling a $31 million non-performing loan backed by the 555 Long Wharf Drive office building in New Haven. The 15-floor, 418,595-square-foot building, owned by Fusco Corp., is 43.2% occupied and has struggled with vacancies since the pandemic. The loan, originally issued by People’s United Bank, matured last […]
According to the Hartford Business Journal, Muse Coworking Collective has opened a collaborative workspace at 275 Maple Ave., Cheshire. The 3,000-square-foot historic building, purchased for $370,000 in 2021 by Moxie Properties LLC, underwent $150,000 in renovations. The space offers various booking options, including daily and weekly reservations, and features small conference and meeting rooms. The building, originally […]
According to the Hartford Business Journal, Muse Coworking Collective has opened a collaborative workspace at 275 Maple Ave., Cheshire. The 3,000-square-foot historic building, purchased for $370,000 in 2021 by Moxie Properties LLC, underwent $150,000 in renovations. The space offers various booking options, including daily and weekly reservations, and features small conference and meeting rooms. The building, originally […]
According to the Hartford Business Journal, The Milford Bank plans to close its commercial loan production office at 142 Temple St., New Haven, in July, pending state approval. Despite increased lending in New Haven, the office has seen less in-person use since 2020, with clients preferring digital meetings. The closure will not result in staff […]
According to the Hartford Business Journal, The Milford Bank plans to close its commercial loan production office at 142 Temple St., New Haven, in July, pending state approval. Despite increased lending in New Haven, the office has seen less in-person use since 2020, with clients preferring digital meetings. The closure will not result in staff […]