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Developer Avner Krohn breathes new life into downtown New Britain - Vimarsana News

Developer Avner Krohn breathes new life into downtown New Britain

Developer Avner Krohn’s relationship with New Britain began about 15 years ago when he first saw the Andrews Building at 136 Main St. “The building had been gutted probably less than 20 years prior but it just wasn’t run well,” Krohn said. Today, the Andrews Building is a mix of retail on the lower floors and luxury apartments above after Krohn’s company, Jasko Development, renovated it. Other downtown New Britain buildings Jasko resurrected include the Rao and Raphael buildings, each now a mix of retail and residential.

Despite hot housing market, Greater Hartford apartment boom rolls on - Vimarsana News

Despite hot housing market, Greater Hartford apartment boom rolls on

Across from Dunkin’ Donuts Park in Hartford’s Downtown North neighborhood, developer Randy Salvatore began building 270 new apartments last fall and he’s already making plans for the next batch of a few hundred more. Salvatore, CEO of Stamford-based RMS Cos., brushes aside any suggestion that the COVID-19 pandemic — which fueled significant demand for single-family homes — has made multifamily property investment more tenuous. “I remain as bullish as ever about the long-term prospects for Hartford and this development,” Salvatore said in a recent interview. “Time is the most p...

New Britain seeks entrepreneurs for downtown loan, rebate programs - Vimarsana News

New Britain seeks entrepreneurs for downtown loan, rebate programs

Startups and entrepreneurs wanted: An established program in New Britain is offering loans and lease rebates for fledgling businesses in the city’s downtown. More than $1 million is available as part of the city’s tax increment financing (TIF) program, with few applicants for the money so far, said Mayor Erin Stewart. “New Britain has been working for years to try to get our downtown back to what it once was — a hub of mom-and-pop shops that really is a destination,” Stewart said. “The TIF program allows an opportunity that business owners haven’t had before to access capital in...

Spring groundbreaking set for 111-unit upscale Bloomfield apartment development - Vimarsana News

Spring groundbreaking set for 111-unit upscale Bloomfield apartment development

Image Brian Zelman Krohn, of New Britain’s Jasko Development, and Zelman, of West Hartford’s Zelman Real Estate, said in a recent interview that they’ve named the project The Residences at Wash Brook, after one of several nearby brooks at the 20-acre site located midway between Routes 178 and 218. While the two partners have worked together in the past, including on a recently completed Jolley Drive medical building, Wash Brook is their first multifamily collaboration. Fresh project renderings show a two-story atrium with a mezzanine just inside the entrance to the four-story building. ...

$13M+ mixed-use project planned for former New Britain bank complex - Vimarsana News

$13M+ mixed-use project planned for former New Britain bank complex

New Britain developer Avner Krohn plans to raze and rebuild two prominently located but vacant buildings along the city’s Main Street corridor. Krohn, principal of Jasko Development, last week secured a tax assessment modification agreement from the New Britain Common Council for the two connected buildings at 267 and 277 Main St. -- one of which housed the former Burritt Interfinancial Bancorporation that was shut down by bank regulators in the early 1990s. Krohn envisions razing both properties and building an 83,000-square-foot, five-story building that would contain approximately 90 apa...