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Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

by Phil Hall | Jan 21, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
Connecticut Freezes Property Tax Assessments on Farmland

Connecticut Freezes Property Tax Assessments on Farmland

by Phil Hall | Jan 20, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
4-Building Connecticut Office Park Sells for $58.5 Million

4-Building Connecticut Office Park Sells for $58.5 Million

by Phil Hall | Jan 6, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

301-601 Merritt 7, a four-building office park in the New York City suburb of Norwalk, Connecticut, was sold for $58.5 million. The property covers 945,000 square feet within the larger six-building, 1.5 million square feet Merritt 7 complex. The property is the...
Sterling Organization Acquires Connecticut Shopping Center

Sterling Organization Acquires Connecticut Shopping Center

by Phil Hall | Dec 31, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Sterling Organization, a private equity real estate investment firm headquartered in West Palm Beach, Florida, has acquired Bristol Plaza, a 263,000 square-foot, grocery-anchored shopping center in Bristol, Connecticut. The property is anchored by the Stop & Shop...
WWE’s Former HQ Approved for Conversion into Apartment Complex

WWE’s Former HQ Approved for Conversion into Apartment Complex

by Phil Hall | Dec 18, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
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