News: Retail

Vidal/Wettenstein and RHYS Commercial co-broke $1.225 million sale

Bliss Pest Protection Services, LLC has acquired a property at 185 East Ave. The building will be used for corporate and sales offices for the company. The building is 5,600 s/f and sold for $1.225 million or $218.75 per s/f. The seller, Gemini Partners had maintained the property as an investment and decided to liquidate the asset prior to the increase in capital gains took effect. Bliss, which is family-owned, has been providing pest control to homeowners and businesses in Connecticut and Westchester N.Y. since 1882. According to Adin Martin on behalf of the owners and employees of Bliss, "They are excited about consolidating the Manhattan and Greenwich offices to move as one into the Norwalk community." Bruce Wettenstein, SIOR of Vidal/Wettenstein was the listing broker, and Christian Bangert of RHYS Commercial represented the purchaser. Counsel for the seller was Brian Rosenfeld, Esq, of Norwalk and for the purchaser, John Bove, Esq, also of Norwalk.
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Columns and Thought Leadership
Keeping the “there” there - by Carol Todreas

Keeping the “there” there - by Carol Todreas

New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
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