Hannah Real Estate Investors and Stillwater Investment Mgmt. lease 146 units at Glenview House
Award-winning project developers Seth Weinstein, principal of Hannah Real Estate Investors and his partners Paxton and Ray Kinol of Stillwater Investment Management have fully leased all 146 residences in their luxury rental apartment building, Glenview House, in a record-breaking eight months. Located on the corner of East Main St. and Glenbrook Rd., Glenview House is the first new luxury rental community constructed in Stamford in the last five years. Residents were drawn to the building by the location, high end finishes, amenities and the convenience of Stamford's first Walgreens store in the building's 15,000 s/f of street-level retail space.
With Glenview House operating at peak performance, the development team is now focusing on the successful completion of Eastside Commons, its companion project located just one block away at 850 East Main St. Eastside Commons, a community of 108 new luxury residential units, is now 100% completed and has just received its final certificate of occupancy. Already, over 45% of the luxury residences at Eastside Commons are sold or leased.
Eastside Commons is within two blocks of I-95 and a mile of the Metro-North Train Station that provides express commuter train service to New York City.
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
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