Office Tower Conversions

Today’s question … what would it take to make a former office tower an interesting/hip/cool place to live? While walking through Downtown Hartford I was once again thinking about how interesting a neighborhood it is becoming. There has been a noticeable change since I moved to town in 2004, with the highlight being numerous projects filling previously underutilized sites with housing. There are plenty of underutilized sites that remain – many of them are office

Slower January for Condos

The number of condominiums that went under contract in Hartford County this January trailed 2010’s total by just over 20%. The drop in activity continues the post tax credit trend from last year. Since this month’s deal count was actually in line with the January 2009 numbers, it appears that the market is simply returning to a more realistic activity level after being goosed by last year’s tax credit. Buyers and sellers successfully negotiated contracts

2010 Condo Market Stats

Today we’re going to look at the Hartford County condo market for 2010. Like we’ve been doing with the single-family market, we’re going to focus on the contracts written so that we have a sense of when buyers and sellers are most active. The chart below shows the number of contracts written by month for each of the past two years, which will give a good baseline for what we will see in the coming

777 Main Street – Your Future Home?

Kenneth Gosselin’s piece about the Bank of America building in today’s Courant noted that the owner of 777 Main Street had considered converting some of the building to condos in 2006, and ended with a quote making it clear that a residential conversion was back on the table. Although the current situation can be viewed as a loss for the City – nobody wants to see a business downsizing – it can also be seen