Chozick Realty brokers $855,000 sale of 21 unit Hartford complex
Jon Concilio and Rick Chozick of Chozick Realty, Inc. have completed the sale of 15-17 Evergreen Ave. for $855,000. The 21 unit property is located within one block of the hub of the West End restaurant and entertainment area as well as being within walking distance to the University of Connecticut Law School and the Hartford Seminary. Built in 1928, the property has been renovated and updated throughout the years. 15-17 Evergreen Ave. contains a unit mix of 14 one-bedroom and 7 two-bedroom apartments. 15-17 Evergreen Ave. has historically enjoyed an occupancy level of at or close to 100%.
Chozick Realty Inc. was the sole broker in the transaction. The seller was 15 Evergreen Associates and the buyer is Evergreen I, LLC.
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary