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CT has $235 million in rent relief for people in need. Why aren't more households applying?

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CT has $235 million in rent relief for people in need. Why aren't more households applying?
Alexander Soule
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Seila Mosquera-Bruno, commissioner of the Connecticut Department of Housing on April 7, 2021, in Stamford, Conn. As of that date, the department had received 2,200 completed applications for rental and utilities assistance through the UniteCT program, with both renters and landlords eligible to apply for funds to cover rent in arrears.Tyler Sizemore / Hearst Connecticut Media
In the first three weeks of a massive aid program for renters, applications appear to be falling well short of early projections by Connecticut’s lead housing official.

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CT home sales jump 23 percent in 2021 Q1, with prices continuing to soar

CT home sales jump 23 percent in 2021 Q1, with prices continuing to soar
Alexander Soule
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A Silver Spring Road home in Fairfield, Conn., that sold for $1.2 million on April 1, 2021. More than 200 Fairfield homes sold in the first quarter of 2021, contributing to a 23 percent increase in sales statewide compared to the prior year period.Alexander Soule
Amid bidding wars that pushed prices up by more than 20 percent in many instances, some 10,465 homes sold in Connecticut in the first three months of 2021 — a 23 percent increase from the same period a year ago.
Berkshire Hathaway HomeServices New England Properties released the figures over the weekend on a preliminary basis. The number could increase, as contracts are logged from the back half of last week.

West-hartford , Connecticut , United-states , New-canaan , New-york , Florida , Ridgefield , Fairfield-county , Ned-lamont , Roxanna-bajra , Berkshire-hathaway , Stamford-board

Greenwich firm that owns Hungry Jack acquires frozen breakfast maker De Wafelbakkers

Greenwich firm that owns Hungry Jack acquires frozen breakfast maker De Wafelbakkers
Alexander Soule
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Brynwood Partners CEO Henk Hartong III in 2018 at the company’s Greenwich, Conn. office.Tyler Sizemore / Hearst Connecticut MediaShow MoreShow Less
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A promotional image for De Wafelbakkers frozen pancakes. (Image via De Wafelbakkers) Show MoreShow Less
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The Greenwich investment firm that owns Hungry Jack pancake mix and syrup is adding to its breakfast lineup by acquiring De Wafelbakkers, which sells frozen pancakes, waffles and French toast nationwide, including in Connecticut chains like Stop & Shop, ShopRite, Big Y and Acme.
Brynwood Partners did not state what it paid for De Wafelbakkers, with the manufacturer employing 650 people at its headquarters plant in North Little Rock, Ark. and another facility outside Atlanta.

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CT auditor claims animation company Blue Sky Studios received $49 million in excessive tax credits

CT auditor claims animation company Blue Sky Studios received $49 million in excessive tax credits
Alexander Soule
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Former Connecticut Gov. Dan Malloy, center, in June 2011 at Blue Sky Studios in Greenwich, Conn., alongside Catherine Smith who led the Connecticut Department of Economic and Community Development during Malloy’s administration; and Brian Keane, then chief operating officer of Blue Sky.Helen Neafsey / ST
As Walt Disney backs up the trucks in Greenwich to load up the remnants of Blue Sky Studios — the animation studio is set to close next week — is it making off with $49 million in Connecticut incentives that never should have been awarded?

Connecticut , United-states , John-geragosian , Catherine-smith , David-lehman , Blue-sky , Hearst-corp , Nash-information-services , Comcast , Disney , Espn , General-assembly

Thousands claim unemployment in CT each week. How many could be frauds?

With a high rate of unemployment fraud during the pandemic, Connecticut is still a year...

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As the pandemic subsides - hopefully - CT still suffers from a rash of fraudulent unemployment claims

Thousands claim unemployment in CT each week. How many could be frauds?
Alexander Soule
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ALEXANDRIA, VA - JULY 05: A hiring sign is seen July 5, 2013 in Old Town Alexandria, Virginia. The Labor Department reported that U.S. economy has added 195,000 jobs in June with the unemployment rate remained unchanged at 7.6 percent. (Photo by Alex Wong/Getty Images)Alex Wong / Getty Images
It was April Fool’s Day at the U.S. Department of Labor, where weekly initial claims for unemployment assistance by Connecticut residents reached more than 9,700 in a single week — including roughly 330 from those identifying themselves as independent workers.

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Online job postings that pay above $78k - CT's annual household income

Online job postings that pay above $78k - CT's median household income - are scarce
Alexander Soule
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Gov. Ned Lamont, center, speaks with Yale New Haven Health CEO Marna Borgstrom on March 15, 2021, at a COVID-19 vaccination clinic in Bridgeport, Conn. Yale New Haven Health led all Connecticut employers for new job openings in the past few weeks, many of them at pay well above the state’s $78,000 average household income.Ned Gerard / Hearst Connecticut Media
As job opportunities go, it was a pretty good one to hit Indeed.com: a sales consultant position in the Rocky Hill office of payroll giant Paychex that pays $78,000 a year — a salary that’s right in line with the median annual household income in Connecticut.

Connecticut , United-states , Holly-cheeseman , R-east-lyme , Ned-lamont , Chris-dipentima , Connecticut-business-industry-association , Conference-board , Connecticut-business , Industry-association , Connecticut-general-assembly , R

As CT home prices spike, buyers move fast with offers - and still fall short

As CT home prices spike, buyers move fast with offers - and still fall short
Alexander Soule
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Housing Development Fund CEO Joan Carty in December 2020. The nonprofit assists first-time home buyers, many of whom are confronted with rocketing prices that are putting out of reach houses they could have afforded before the COVID-19 pandemic unleashed a stampede of city dwellers for the suburbs.Frank Franklin II / Associated Press
It was a new one for Coldwell Banker agent Judy Michaelis: don't bother viewing this house without a building inspector.
Michaelis' clients, who wanted to look at a home in Westport, shelled out $1,500 to bring one along and — if they liked it — to stamp his approval on the spot.

Rowayton , Connecticut , United-states , New-york , Southington , Westchester-county , California , Fairfield-county , Long-island-sound , Monica-jorge , Alexander-soule-hearst , Kim-metalios

Subway moving 'less than 10 percent' of Milford HQ jobs to Miami

Subway moving 'less than 10 percent' of Milford HQ jobs to Miami
Alexander Soule
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Subway World Head-
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Subway CEO John Chidsey, in a May 2020 appearance on NBC’s Today.Screenshot via NBCShow MoreShow Less
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Subway’s new CEO is moving some corporate staff to an office in the Miami-area where he lives, raising questions about the company’s Milford headquarters.
Subway confirmed it will move an unspecified number of Milford staff south, including managers in marketing, culinary and global strategy. A company spokesperson told Hearst Connecticut Media that “less than 10 percent of Milford employees” are being affected in the moves, without providing a precise number.

Miami , Florida , United-states , Mexico , New-york , Coral-gables-waterway , Quinnipiac , Connecticut , Greenwich , Hawaii , Hawaiian , Mexican

Battle over a proposed 'mansion tax' highlights CT's affordability issues

Battle over a proposed 'mansion tax' highlights CT's affordability issues
Alexander Soule
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Martin Looney, D-New Haven, is sworn in as Senate President Pro Tempore during the of the start the legislative session held outside at the State Capitol, in Hartford, Conn. Jan. 6, 2021.Ned Gerard / Hearst Connecticut Media
For East Hartford resident Torrina Evans, it’s about long, stressful nights spent figuring out how to make ends meet on the low pay she draws in disabilities services.
For Woodbury’s Deborah Schultz, it comes down to how much more she’ll have to shell out in retirement, dipping into a lifetime of earnings she and her husband saved over the years.

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