Fairfield County Business Journal

Pay Attention to Property Assessments, Attorney Says

Under state law, most municipalities are required to perform revaluations of every property - residential, commercial and industrial - at least every five years for the purpose of updating property tax assessments.

Withstanding the Storm

[...]none of Pagliaro's waterfront homes were damaged and not one flooded in areas that weren't designed to take in water, such as garages and crawl spaces.

Sales Up, Prices Down in September

Connecticut's residential market showed mixed signs in September, with single-family home sales up 4.6 percent compared to the previous year, but the median sales price down 7.3 percent, according to a report published by The Warren Group Nov. 6.

Uconn's $100 Million Seaweed Survives Sandy

[...]the farms are specifically designed to withstand storms, with reports touting oyster barriers - like those employed by the initiative - as potential protection from hurricane surges.

Grant-Making Increased, Despite Economy

Despite the economy, private foundations continued to build up assets during the period surveyed, McGlaughon said. "Since 2001, the amount of money going into foundations has been above $20 billion a year," he said.

Ethics Breed Compliance, Former Federal Prosecutor Urges

[...]according to James B. Comey, general counsel of Westport hedge fund giant Bridgewater Associates L.P. and a former deputy U.S. attorney general. companies' surest path to regulatory compliance doesn't lie in thicker manuals or more comprehensive training programs, but in ethical leadership from the top.

Getting Back to Work After Sandy

If revenue is lost because of an order from a civil authority, such as a mandatory evacuation or closed public transportation, some businesses may be insured for the losses, said Finley T. Harckham, a partner attorney at Anderson Kill & Olick P.C. Business interruption or contingent business interruption policies cover losses from unavoidable interruptions in a company's daily operations due to physical damage either at the property, in the area or because a major supplier or customer bas...

Business Reps Talk Trade Opportunities

Because Mercedes-Benz has plants in Hungary and Romania, it could be a good way to segue into Germany and the rest of Europe.

Insurance Exchange 'On Track'

Connecticut HIX and other states' exchanges will act as catalysts to drive discussion around projected long-term increases in the cost of delivering health care. "Because frankly, that's the 800-pound gorilla that we're all facing nationally," he said.

Pricelilne to Acquire Kayak

"Kayak has built a strong brand in online travel research and their track record of profitable growth is demonstrative of their popularity with consumers and value to advertisers," Boyd said on the conference call.

Signs of Life at Bridgeport Shipyard

Derecktor still has a large amount of equipment and materials on the site that can't be moved until the U.S. Federal Bankruptcy Court settles the case. Because the court has been "so slow," Eversley said the port authority is not only missing out on owed rent but also future rent from new tenants.

Successful Mixed-Use Housing Model Reignites Supporters

The most appealing part for those who invested in the $10.4 million project is it makes money. Because it is profitable, investors such as Webster Bank and the state of Connecticut, would like to see similar projects statewide. According to Mosquera, the artists who rent space in the complex pay for its use and therefore help sustain NeighborWorks' investment.