New York City-based Spectra Construction and Development President Daniel Klaynberg continues to add apartments in Hartford as he and his partners scour the state for additional development opportunities.
Klaynberg, son of developer Joseph Klaynberg, has partnered with Matthew and Evan Levy, sons of prominent Hartford attorney Coleman Levy, in projects in and outside the Capital City.
They are putting the finishing touches on a 42-unit apartment conversion of a former Hartford municipal office building at 525 Main St., which has been largely leased to the University of Connecticut as dorm space for the next school year.
Klaynberg and the Levy brothers also expect by the end of summer to welcome the first tenants into a 35-unit conversion of a former fire station on Pearl Street.
They expect to shortly purchase a lot at 17-21 Wells St. from the city, next to 525 Main St., then launch a 24-month, ground-up construction of an 84-unit apartment building on the site.
Meanwhile, Klaynberg and the Levy brothers are about halfway through the conversion of a 33,000-square-foot Hartford office building at the northern edge of Pope Park into 47 apartments. Klaynberg said he aims to wrap up that project, located at 30 Laurel St., around the close of this year.
The partners are also close to closing on the purchase of a long-vacant office building in downtown Norwich, which they intend to renovate into 62 apartments. Klaynberg estimates the $10-million project will take 18 months to complete once construction begins.
Klaynberg said he and his partners are actively looking for additional projects in Connecticut.
