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    News and Articles on Real Estate

    Latest News: Real Estate

    Goshen Wind Plan Rejected  May 8, 2009
    The commission based its decision on two regulations: a subsection of section 521, which governs special exceptions and allows denials when there is evidence an plan would lead to "adverse effects upon the existing and probable future character of the neighborhood or its property values," and a subsection of 282, which governs wind turbines and allows the commission to declare, "This specific site is not appropriate for this specific use." Impact to property values has been the key issue in the... (Litchfield County Times, CT)

    Marsh & McLennan settles Connecticut price fixing claims  May 7, 2009
    Marsh nan settles Connecticut price fixing claims The Republican-American. The Republican-American. (Republican-American)

    Smart Cents: Preserve electric choice  May 3, 2009
    The Republican-American. Sunday, May 3, 2009 3:13 AM EDT. (Republican-American)

    Rating agencies: The wages of sin  Apr 29, 2009
    Finance and economics. Finance and economics. (The Economist)

    When an Aging Barn Is Suddenly Valuable  Apr 28, 2009
    Overall, the value of real estate increased by 18. 25 percent from the last revaluation, conducted five years ago. (Litchfield County Times, CT)

    Business leaders oppose proposed tax credit cap  Apr 28, 2009
    The Republican-American. Monday, April 27, 2009 10:42 PM EDT. (Republican-American)

    CL&P, Yankee Gas offer help to financially strapped customers  Apr 16, 2009
    CLkee Gas offer help to financially strapped customers The Republican-American. The Republican-American. (Republican-American)

    Amtrak to spend $50M in federal funds in NW states  Apr 12, 2009
    NEWSPAPERS IN EDUCATION. The buildings will cost Amtrak roughly 35 million and are the priciest of the projects planned in the two states. (Ontario Argus Observer, OR)

    CL&P, Yankee Gas to assist struggling customers on Utility Day  Apr 12, 2009
    CLkee Gas to assist struggling customers on Utility Day The Republican-American. The Republican-American. (Republican-American)

    In Brookfield, Residents Make Budget Pleas  Apr 11, 2009
    Regarding the schools and the impact on real estate values, parent Debbie Brooks said that her family moved to Brookfield 10 years ago because of the reputation of the schools. She said that with lower budget increases in recent years, such as last year when the school district received just a 0. (Brookfield Journal, CT)

    Suits seek asset freeze  Apr 10, 2009
    "It would be my hope that whatever assets he has will be taken from him and distributed to the people who invested in his fund," said Mortimer Zuckerman, a real estate magnate and publisher who gave Madoff $40 million to invest, including money in his charitable foundation. A judge in Connecticut issued a temporary restraining order late last month freezing the assets of top executives at Fairfield Greenwich Group, another "feeder fund" that reaped hundreds of millions of dollars in fees... (Albany Times Union)

    CFO addresses the state of the town budget  Apr 10, 2009
    The town conveyance tax refers to what is basically a sales tax on real estate transactions. Since housing sales are down the town has failed to collect as much money as it anticipated. (Fairfield Minuteman, CT)

    Fine AT&T nearly $1m for poor service: Blumenthal  Apr 4, 2009
    Fine ATly $1m for poor service: Blumenthal The Republican-American. The Republican-American. (Republican-American)

    Litchfield-Northwest bank company to add Collinsville Savings to its team  Apr 4, 2009
    The Republican-American. Saturday, April 4, 2009 4:14 AM EDT. (Republican-American)

    Madoff's Home in Florida Lost Almost $2M in Value  Apr 3, 2009
    Even Bernie Madoff isn't exempt from the real estate slump. The Florida mansion that prosecutors seized from the Wall Street swindler appears to have lost a big chunk of its value since Palm Beach County officials assessed its worth last year at $9. (ABC News -- Wire)

    Connecticut Pet Shop Has 2-Nosed Bunny  Apr 3, 2009
    Despite a tattered economy and grim real estate market, every month more than 5,000 people buy a house in the Bay Area. When I was a lad, the second bike I owned was a 1953 Royal Enfield 350 Bullet. (San Francisco Chronicle -- Weird News)

    Madoff mansion lost nearly $2 million in value  Apr 3, 2009
    Property seized by Feds to help pay victims also part of real estate slump ... NEW YORK - Even Bernie Madoff isnt exempt from the real estate slump. (MSNBC -- Business)

    Feds: Value of Madoff mansion has dropped nearly $2M  Apr 3, 2009
    Real solutions for your real estate needs ... By David B. Caruso, Associated Press Writer NEW YORK Even Bernie Madoff isn't exempt from the real estate slump. (USA Today -- Money)

    Foundation offers forum on stimulus funding  Apr 2, 2009
    The Republican-American. Thursday, April 2, 2009 3:15 AM EDT. (Republican-American)

    Fairfield, Conn. files $75m suit against Madoff, family  Apr 1, 2009
    Fairfield officials this week also obtained a temporary restraining order that prevents Madoff, his relatives, and executives with Fairfield Greenwich, Maxam, and other firms that allegedly fed Madoff's fund from selling real estate, personal property, and financial accounts. The assets of Madoff's investment company have already been frozen in a deal with federal regulators and a receiver was appointed to manage the firm's financial affairs. (Boston Globe)

    Judge freezes assets of Madoff sons, executives  Apr 1, 2009
    Real solutions for your real estate needs. Choose from the selections below. (USA Today -- Money)

    Fox Rothschild to Open Conn. Office With Former Dreier Attorneys  Mar 28, 2009
    has a Hartford office of about 15 attorneys that focus mainly on real estate and financial services matters along with some bankruptcy and securities litigation work. . (Law.com)

    The Haunting in Connecticut  Mar 28, 2009
    If only he knew something about real estate. -- Advisory: This film contains intense scenes of terror and disturbing images, but no scary clowns. (San Francisco Chronicle -- Entertainment)

    Hannity's America  Mar 27, 2009
    Surprise, surprise, the co-owner of the home sold his share to Dodd for a generous $122,000, only slightly more than its value eight years earlier and despite the surge in the irish real estate market. And the hits just keep on coming: Real Clear Politics reported earlier this week that Dodd's wife served as a director for an AIG controlled insurance company from 2001 to 2004. (Fox News)

    State lost 14,300 jobs in February, unemployment rate up to 7.4%  Mar 27, 2009
    State lost 14,300 jobs in February, unemployment rate up to 7. 4% The Republican-American. (Republican-American)

    Systemic Failure  Mar 26, 2009
    The banks put scores of billions of dollars worth on their books and sold the rest to foreign banks anxious to acquire Triple-A securities, backed by real estate in America's ever-booming housing market. Computer whizzes devised exotic instruments -- derivatives, which could soar in value, making instant multimillionaires, but also plummet, based on rises and dips in the underlying value of the paper. (Human Events Online)

    CL&P to test 'time-of-use' rate program  Mar 26, 2009
    CLest 'time-of-use' rate program The Republican-American. The Republican-American. (Republican-American)

    Wilbur Ross Defies Bruce Rose in Tranche Warfare Between Housing Villains  Mar 25, 2009
    Home have fallen an average of 27 percent since the residential real estate market peaked in July 2006, according to a Standard & Poors/Case-Shiller index. For more than three decades, lenders have been packaging loans into bonds, selling those securities and hiring servicers to distribute money collected from borrowers. (Bloomberg)

    Senate GOPs Brake Rush To Tax AIG Bonuses  Mar 21, 2009
    The tough talk raises the question about whether Spitzer, who now tends to his family's real estate business, is mounting a comeback bid. Meanwhile, the blame game has begun among Democrats. (KIRO TV, WA)

    Greenwich's `Rodeo Drive' Abandoned by Customers as Hedge Funds Collapse  Mar 21, 2009
    Its going on across the board in all luxury areas, said Ivan Friedman, chief executive officer of RCS Real Estate Advisors, a Manhattan firm that works with U.S. retailers ... The hedge fund people that lost $200 million still have $200 million, said Adam Zeiberg, a real estate broker with FirstService Williams who leases retail space on Greenwich Avenue. (Bloomberg)

    Sony eBookStore Provides Access to a Half-Million Free Public Domain Books From Google  Mar 19, 2009
    SAN DIEGO, March 19 /PRNewswire/ -- Content for the Reader Digital Book by Sony just blew wide open. Starting today, The eBook Store from Sony will provide access to more than a half-million public domain books from Google optimized for current models of the Reader. (Yahoo! Wire -- Entertainment News)

    Need for jobless benefits extension felt in Conn.  Mar 15, 2009
    Need for jobless benefits extension felt in Conn. The Republican-American. (Republican-American)

    Assessor Releases 2008 Middlebury Grand List  Mar 14, 2009
    The Grand List is comprised of three components: real estate, motor vehicles and personal property. Real estate constitutes 92 percent, motor vehicles, five percent, and personal property, four percent of the Grand List ... The real estate Grand List increased in 2008 by $13,059,890, or 1. (Voices, CT)

    Ahoy, There! -- Be Entertained by the Adventures and Mishaps, the Life and Loves of a Sailor  Mar 14, 2009
    -- Be Entertained by the Adventures and Mishaps, the Life and Loves of a Sailor: Financial News - Yahoo. -- Be Entertained by the Adventures and Mishaps, the Life and Loves of a SailorFriday March 13, 7:42 pm ET. (Primezone Releases)

    David Awad Wins 7th Annual S.Pellegrino(TM) Almost Famous Chef(SM) Competition Hosted by Celebrity Chefs Harold Dieterle and Ralph Pagano  Mar 12, 2009
    Source: S.Pellegrino. David's prizes include $13,000 and the career opportunity of a lifetime. (Yahoo! Wire -- Entertainment News)

    FuelCell Energy Reports First Quarter 2009 Results and Latest Accomplishments  Mar 11, 2009
    Source: FuelCell Energy, Inc.. Product sales and revenues increased 95 percent year over year * DOE awards $30. (Primezone Releases)

    Connecticut Department of Public Utility Control Issues Revised Draft Decision Approving 27.3 Megawatts of Projects Using FuelCell Energy Power Plants  Mar 11, 2009
    Connecticut Department of Public Utility Control Issues Revised Draft Decision Approving 27. 3 Megawatts of Projects Using FuelCell Energy Power Plants: Financial News - Yahoo. (Primezone Releases)

    State job losses continue; unemployment rate hits 7.3% in Jan.  Mar 10, 2009
    State job losses continue; unemployment rate hits 7. 3% in Jan. The Republican-American. (Republican-American)

    People's United CEO Sherringham banks on common sense  Mar 9, 2009
    The Republican-American. Monday, March 9, 2009 3:12 AM EDT. (Republican-American)

    Cox Communications Tops DPUC's 2008 Consumer Scorecard  Mar 7, 2009
    Source: Cox Communications. Broadband Communications Company Ranks First Among Phone Providers Statewide and Second for Cable TV. (Yahoo! Wire -- Entertainment News)

    Broadcasting school with local locations closes  Mar 6, 2009
    This years group feature a cross-section of professionals, from a real estate guru who writes. Looking for a new job. (Crain's Chicago Business)

    Cops bust bash hosted by Conn. teen pageant winner  Feb 26, 2009
    Unable to submit Real Estate, Services, and Business Investements at this time. Map the Valley. (Hanford Sentinal, CA)

    Clinton urged to keep N.H. passport center open  Feb 26, 2009
    M/CLOUDY Thursday February 26, 2009. Today's most viewed articles. (Seacoast New Hampshire)

    Capital Bank breaks ground on Cary branch  Feb 24, 2009
    Stay up to date on the latest news from within the commercial real estate industry ... Triangle Real Estate. (Raleigh Triangle Business Journal, NC)

    State of the Town shows Newington in relatively good finanical position  Feb 24, 2009
    2 percent growth in real estate revenue, which accounts for by far the largest part of the grand list, so overall there's been a 0. 4 percent increase in the town's tax base, Salomone said. (Newington Town Crier, CT)

    Community Profile: Thomas Browne, Tax Assessor  Feb 20, 2009
    Every five years, according to state statute, all the real estate in town must be reappraised ... The new structures are assessed at what their 2005 value would be, because that's the value at which other real estate is assessed ... This year, or as of October 1, 2008, new subdivisions and new construction increased the real estate value of the Grand List by 0. (Fairfield Minuteman, CT)

    Connecticut's Business Connection comes to northwest corner  Feb 14, 2009
    The Republican-American. Saturday, February 14, 2009 3:15 AM EST. (Republican-American)

    Grand List Loss of $6.4 Million in Brookfield  Feb 14, 2009
    The grand list, as of last Sept. 30, stood at $2,566,610,938-with residential real estate providing 78 percent of the total, commercial and industrial enterprises 14 percent, motor vehicles 5 percent and personal property 3 percent ... Mr. Belden said that real estate conveyance taxes, investment rates in the town's portfolio and building permit fees all have declined in recent months, apparently the result of a stagnant economy ... Ms. Hames wrote: "The increase in real estate [in the most... (Brookfield Journal, CT)

    New Bailout May Tip Scales At $1 Trillion  Feb 11, 2009
    The Fed said the program would be expanded to cover the troubled commercial real estate market and certain residential mortgages. "Instead of catalyzing recovery, the financial system is working against recovery," Geithner said. (CBS News)

    Labatt USA deal brews with NY investors  Feb 9, 2009
    Stay up to date on the latest news from within the commercial real estate industry. News, analysis and ideas that defy the odds and the times. (Buffalo Business First, NY)

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