Economic and Housing climate, 2nd quarter snapshot

Economic climate continues to be a harsh one for Connecticut’s small businesses; here are the fixtures we said a permanent farewell to as of June 2024:

Mancuso’s, Fairfield after 47 yrs

Tony’s Corner Deli, Ridgefield after 14 yrs

Craig’s Fine Jewelry, Ridgefield after 74 yrs

American Steakhouse, Meriden after 53 yrs

Four Corners Grocery Store, Middletown, after 83 years

Eli’s Orange, Milford, after 10 years

Rue21, its 2 CT locations by June 30, 2024

Sam Ash Music, US locations, after 100 years

Finalmente Trattoria, Westport, after 19 years 

Wethersfield Diner, Wethersfield, after 52 years (zoning decision)

Tisane, Hartford, after 24 years

Camp store, Norwalk

More housing developments continue to land contracts in CT, some after 2, 3 or more bids.

Here’s a few of them as of June 2024:

322 new apartments — UConn campus

92+ units — Shelton, CT

64 units — Wooster Square, New Haven

1000 units — New Haven

New London county – “still unaffordable”