Fairfield Bits

Filled to the Brim

Greenwich Town Hall was overflowing last week as angry residents protested plans for new projects in Old Greenwich and Riverside. Some of the huge crowd was forced to go upstairs and watch the hearing on television. For more information see: http://www.greenwichtime.com/local/article/Greenwich-residents-blast-development-proposals-11728794.php

White Colored Rain

Styrofoam rained down on restaurant patrons at the Harbor Point construction project, forcing the City of Stamford to issue a stop-work order. The order only applies to the exterior of the 16-story building at 100 Commons Park N. Work will resume once the city is satisfied that no more harm will come to the environment from the Styrofoam. For more information see: http://www.stamfordadvocate.com/local/article/City-issues-stop-work-order-at-Harbor-Point-11728331.php

Concessions Stand

The Connecticut budget crisis continued moving toward a final resolution, as the state Senate approved a $1.57 billion bundle of union concessions. Lt. Gov. Nancy Wyman cast the deciding vote after the senator’s vote ended in a tie. The deal has already been approved in the House of Representatives. For more information see: https://westfaironline.com/92120/ct-senate-narrowly-approves-union-concessions-deal/

Keeping Tight

Despite the loss of General Electric and other issues in Connecticut, the industrial real estate market seems to be weathering the storm. Office vacancies continue to drop as leases increase with help from big box distributors and third-party logistics in the state. For more information see: http://rebusinessonline.com/connecticuts-tight-industrial-market-may-limit-opportunity-for-growth/

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