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The program is structured so that businesses that make charitable contributions to a qualified program are eligible to receive a credit, valued at 60% to 100% of the amount contributed, on their state corporate income tax.
If true, Forever 21’s bankruptcy would follow in the recent footsteps of a number of high-profile stores like Payless, Toys R Us and Charlotte Russe.
Meanwhile, most eyes are trained on The SoNo Collection in Norwalk, where several stores are scheduled to open Oct. 11.
Business has grown at Shearwater's flagship store in Fairfield by 20% year-over-year, according to owner Ed Freedman.
Anu Kothandaraman, who now operates two of the computer coding-for-kids franchises in Trumbull and Fairfield, has her sights set on Norwalk and Milford.
“We’re very encouraged by the growth of this kind of concept," says Robert Miller, senior managing director at leasing agent Colliers International.
The unnamed buyer bought the smaller 15,000-square-foot office tower for use as its new corporate headquarters.
The 3-acre site has been mostly vacant since the close of Cast Iron Chop House and the former Marisa’s Restaurant in the fall of 2017.
“Right now, the condo market is very strong," said Douglas Elliman’s Scott Elwell.
“SeaQuest has an abysmal record of violating laws and regulations,” says Debbie Leahy, manager, captive wildlife protection at the Humane Society of the United States.
Even as the area anxiously awaits the much-hyped opening of the SoNo Collection megamall in Norwalk, there are conflicting signs about just how healthy the shopping mall sector is.
“We are an economic driver for the state," says the bureau's president Robert Murdock. "If you give us more money, we will make more money for you."
Rising residential demand — and a declining interest in Class B and C office buildings — is continuing to fuel a wave of adaptive repurposing and reuse in Fairfield County.