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Red-hot Hartford, New Haven multifamily sectors evolve along different paths

RMS Cos. is welcoming the first tenants to its sleek, gray-sided, nearly-finished apartment building that wraps around Trumbull and Main streets on the northern edge of downtown Hartford. The 270-unit building next to Dunkin’ Donuts Park is among the first installments of Stamford-based RMS’ “North Crossing” development. RMS President Randy Salvatore said the plan is to eventually add about 1,000 new apartments around the stadium, largely by building on parking and other empty lots.
New York United States New Haven Yale University Luke Bronin David Lehman

Bid awarded for hospital demolition - Pomeroy Daily Sentinel

Bid awarded for hospital demolition The former Veterans Memorial Hospital, pictured, will soon be torn down. Sarah Hawley | Sentinel POMEROY — The Meigs County Commissioners awarded the contract for demolition of the former Veterans Memorial Hospital during Thursday’s meeting, selecting Raze International of Shadyside, Ohio. In awarding the bid, the commissioners stated that the bid must be awarded to the “Best and lowest” bid which meets all the requirements for the project. Of the e...
United States Gallia Meigs Regional Airport Meigs County Sarah Hawley Devon Buffington Safeco Environmental Inc

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UCC Foreclosures Rise as Mezz Lenders Go After Distressed Projects

From left: Thor Equities’ 590 Fifth Avenue, the Mark Hotel and Wonder Works’ Vitre Churchill Real Estate’s Justin Ehrlich has seen a lot during his time as a developer and lender in New York. He witnessed the collapse of the real estate market during the 2008 financial crisis, followed by the mad rush to build luxury condo towers in some of Manhattan’s swankiest neighborhoods. But nothing compares to the past nine months, he said. “It’s not normal,”  Ehrlich noted. “It’s the ...
New York United States Mac Avoy Joe Sitt Thor Neil Shapiro Ziel Feldman

UCC Foreclosures Rise as Mezz Lenders Go After Distressed Projects

From left: Thor Equities’ 590 Fifth Avenue, the Mark Hotel and Wonder Works’ Vitre Churchill Real Estate’s Justin Ehrlich has seen a lot during his time as a developer and lender in New York. He witnessed the collapse of the real estate market during the 2008 financial crisis, followed by the mad rush to build luxury condo towers in some of Manhattan’s swankiest neighborhoods. But nothing compares to the past nine months, he said. “It’s not normal,”  Ehrlich noted. “It’s the ...
New York United States Mac Avoy Joe Sitt Thor Neil Shapiro Ziel Feldman

Detailed text transcripts for TV channel - MSNBC - 20180926:13:54:00

Construction, has time off, playing golf on the border. thats mexico, the rio brand. if you hit the ball hard enough, it goes to mexico. let her rip, frank. not quite to mexico, but not bad. what are the challenges, being a small business guy? >> i got people i have to pay. i have material i have to pay. >> reporter: you need a strong economy for your business to be doing well? >> to be thriving, yeah, exactly. >> reporter: this is the rio grande? >> yeah. >> when you are out here golfing, are y...
Rio Brand Works Construction Time Off Coming Up Small Business Guy Rio Grande

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