Hartford Business Journal

10/03/2025

A new state audit finds that Governor Lamont’s office failed to maintain proper oversight of state-owned vehicles — skipping mileage logs and secure parking rules — and held more laptops than needed, raising concerns about accountability.

Gov. Ned Lamont’s office failed for years to maintain proper controls over the use of state vehicles, state auditors reported Thursday, echoing a private investigator’s findings that Lamont’s former chief […]

10/03/2025

Connecticut faces sharp cuts as the federal government pulls funding for a dozen energy projects amid the shutdown impasse.

https://ow.ly/uxHI50X65f5

10/03/2025

Hartford developer Carlos Mouta is seeking a $3.5 million CRDA loan to convert a former factory at 1429 Park St. into 47 new apartments, a move that signals renewed investment in adaptive reuse and urban density.

Hartford developer Carlos Mouta plans 47 new apartments at 1429 Park St., seeking $3.5M CRDA loan for the project.

10/03/2025

LAST DAY!

October 3 is the last day to submit a nomination for your company to be considered for Hartford Business Journal's 2026 Best Places to Work in Connecticut!

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Let's recognize and award those who prioritize employee satisfaction and success 🏆

Learn more and nominate here: https://ow.ly/Z5GC50VRmI2

Sponsored by: Windsor Federal Bank

10/02/2025

Developer seeks $3.5M CRDA loan to add 47 apartments to former Hartford factory

Hartford developer Carlos Mouta plans 47 new apartments at 1429 Park St., seeking $3.5M CRDA loan for the project.

10/02/2025

Stratford-based Kitchen Brains, a leader in commercial kitchen technology, has expanded its capabilities by acquiring two Florida-based companies.

A Stratford-based maker of intelligent controls, timers and sensors for commercial cooking appliances has acquired two Florida-based control systems manufacturers as it seeks to diversify its customer base. Kitchen Brains […]

10/02/2025

Jacob G. Padrón will conclude his seven-year tenure as artistic director of Long Wharf Theatre at the end of the 2025–26 season. The New Haven-based company is now planning for a leadership transition.

Jacob G. Padrón will leave Long Wharf Theatre after the 2025–26 season, ending a seven-year tenure.

10/02/2025

A Norwalk-based affordable housing developer has acquired two senior-housing apartment buildings in Danbury and Norwalk for $39.8 million. The deal, facilitated by CBRE, underscores the region's growing demand for senior living options.

Heritage Housing Inc. purchased the two properties from First Atlantic LLC for $39.8 million.

10/02/2025

A statewide survey finds over 80% of Connecticut manufacturers are struggling with hiring and retention, with skills gaps emerging as the primary barrier.

Employers named skills gaps as the top barrier to attracting new talent.

10/02/2025

Bank of America and Webster Bank remain in a close contest for deposit share in Connecticut, with Webster narrowing the gap through organic growth and acquisitions. The race underscores shifting dynamics in regional banking markets.

Bank of America and Webster Bank are nearly tied for the largest share of deposits in Connecticut.

10/02/2025

Investors have acquired a mixed-use property in Rocky Hill — combining apartment and office assets — in a deal valued at $7.8 million. Deal highlights the appeal of combining residential and commercial real estate.

A $7.8 million deal for Rocky Hill apartments and offices reflects growing interest from out-of-state investors in the state's real estate market.

10/02/2025

Developer scales back apartment conversion of Fairfield Catholic school, citing market and regulatory constraints. The revised proposal reduces unit count and footprint, but still reflects ongoing demand for adaptive reuse in suburban Connecticut.

https://ow.ly/r6LZ50X5zXr