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September 2, 2019Edition

🔒Community Notebook — September 2, 2019

Total Mechanical Systems donation helps fight against breast cancer Employees from Total Mechanical Systems in Plainville recently visited Bristol Hospital and presented a $5,000 donation to staff from the hospital’s […]

🔒Keys to a successful merger

Many small companies turn to acquisitions to stimulate growth. However, far fewer organizations actually get deals right. One key issue they often struggle with is achieving the forecasted  revenue and cost-savings targets. This is often due to a lackluster integration process that fails to incorporate a robust 100-day plan. To beat the odds, leaders must master both the science and art of deal-making. Here are some tips.

🔒Offshore wind means real jobs, growth for Thames River

The New London waterfront is expected to be a busy place over the next year. With the recent announcement regarding the construction of the National Coast Guard Museum in early 2020 and the anticipated work on State Pier, the region is going to be a great place for new construction.

🔒Philanthropy-government partnerships pose risks, rewards

Government and philanthropy have as much in common as they don’t — and an acute understanding of their commonalities and differences is important to the success of any collaboration between the two. There are two high-profile examples in the news and only the first passes the acuity test.
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🔒Property taxes a drag on all of CT, not just Hartford

Hartford Business Journal has spent a lot of time, energy and ink this year spotlighting the city of Hartford’s exorbitant and inequitable property tax structure and how to rectify it. But the truth is, property taxes are a statewide problem, hindering economic growth in many cities and towns.

🔒UConn president’s ambitious goal to boost entrepreneurship, double research funding faces hurdles

In August, UConn’s board of trustees held its first meeting attended by new University of Connecticut President Thomas Katsouleas.

🔒DoNo developer moving to break ground

At one point, it looked as if developer Randy Salvatore’s vision for revamping Hartford’s Downtown North parcels would be the city’s sole redevelopment project for some time. But in the aftermath of turmoil surrounding the delayed, overbudget construction of the downtown baseball park that led to a weeks-long court trial that ended in victory for the city of Hartford and those parcels being released for development, Salvatore’s proposed $200 million DoNo project has some potential redevelopment company.

🔒Can a $100M redevelopment plan turn Pratt Street into Hartford’s crown ‘jewel’?

Michael Seidenfeld, whose New York realty company Shelbourne Global LLC has invested more than $200 million buying and refurbishing downtown Hartford commercial buildings, views Pratt Street as an untapped jewel.
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🔒CT takes first steps to reforming derided Transfer Act

Q&A talks with Pamela K. Elkow, a partner at Stamford law firm Carmody Torrance Sandak & Hennessey LLP, about the Transfer Act, a controversial state statute that has had a major impact on the commercial real estate market.

🔒CT designers rebuke data suggesting open offices are productivity killers

Many companies in recent years have pivoted to open floor plans within their offices, believing they boost recruitment, productivity and collaboration. But recent studies by Harvard Business School researchers suggest that isn’t necessarily true.

🔒Analysis: Tens of thousands of CT residents faced medical-debt lawsuits

Debt-collection lawsuits against Connecticut patients with overdue medical bills have been on the decline in recent years, but hospitals and other in-state health providers are still suing at a healthy clip. That’s according to recent research by the Health Disparities Institute (HDI) at UConn Health, which found that nearly 86,000 medical-debt lawsuits were filed in small-claims court between 2011 and late 2016. Those lawsuits claimed, at least initially, more than $110 million in debts owed.

🔒CT Children’s innovation center, fund aim to rear homegrown ideas

When Connecticut Children’s Medical Center is wooing high-profile hires, candidates often ask about how the job will help them pursue cutting-edge medical research and innovations.
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🔒Goodwin College’s Connell on fostering small business growth

Matt Connell got into a lot of trouble in high school. In fact, he credits a teacher with leading him off a destructive path, and onto one that led him to found and run several businesses, and now work at Goodwin College as program director of the business administration program.
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