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Contractors and developers across Connecticut agree their industry is going through a time like none other in memory: Demand for new housing is intense at all ends of the market, while labor costs are soaring and construction materials are often scarce and sometimes staggeringly expensive.
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The proposal for the biggest real estate project in Canton in nearly two decades has languished since last fall because of a neighbor’s lawsuit, and there’s no sign of resolution any time soon.
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Tammy de la Cruz didn’t want to discourage her 51-year-old husband from stepping away from the part-time job he has grown to love.
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The legislature’s nonpartisan Office of Fiscal Analysis projected this week that the contracts Lamont struck with more than 30 state employee bargaining units would cost $1.87 billion, spread across this fiscal year and each of the next three.
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“Many in this state see funding like this as some sort of socialistic handout, but we see this as well-deserved social justice,” John J. Thomas, assistant project manager for real estate at Community Solutions, said.