Hartford's investment real estate market is unique in that it tends to peak later than primary markets such as New York and Boston. At this late date in the current investment cycle, aggressive competition and highly priced properties in New York and Boston are driving many realty investors to secondary markets such as Hartford and Springfield, Mass. These investors are looking for relatively undervalued properties and more generous returns.
The final installment of HBJ's series on bioscience concludes with a look at Cornovus Pharmaceuticals' development of a synthetic molecule that could keep heart muscles from dying.
The 26,361-square-foot former home to the defunct Keiler & Co. advertising-marketing agency recently sold for $1.425 million to a New York City apartment-commercial developer who is reimagining potential uses for the 8-acre property.
Two liquor retailers in Connecticut tried to publicly violate state law in recent weeks by skirting the state's longtime minimum pricing rules, deciding instead to sell some of their alcoholic beverages at cost.
There's perhaps no more exciting time for many Connecticut fans than when UConn's basketball teams take the court for the NCAA's March Madness tournament.
Connecticut Innovations is investing more than $1 million in Cornovus Pharmaceuticals, not just because of its promising heart medication, but also because of the doctor behind it.
In the past five years, Connecticut has had a front-row view of two of the nation's biggest bank mergers since before the Great Recession — and it may witness more, bankers say.
Connecticut's system of inflating the retail price of alcoholic beverages may not be unconstitutional and a violation of federal antitrust law, as the Total Wine & More beverage retailing chain recently charged in a lawsuit brought in federal court. But this argument against the system is not novel. Forty years ago a professor at the University of Connecticut School of Law, Leonard Orland, made the same argument in support of the courageous effort of state Sen. Robert D. Houley (D-Vernon) to repeal the alcohol-pricing system.