Greetings!

We thought you may be interested in reading some recent articles and activities relevant to Cresa, the corporate real estate market, and our local communities:   

• Point Stratford Renewal LLC has been selected to redevelop the 78 acre long-vacant Army engine plant in Stratford.
   Developer to Purchase Army Engine Plan
• Tax breaks allow corporations to spend more money on hiring workers and on expanding their businesses in other ways that stimulate the economy.  However, this report claims that the tax code is "riddled with lots of loopholes" that allow corporations to unfairly whittle down the tax obligations, allow deductions for research and development and offshore tax havens. Report: Connecticut companies, CEOs, don't pay fair share of taxes
• Generation Y (18 to 20 year olds)are trading caps and gowns for mops.  Trading Caps and Gowns for Mops
• Serendipity Labs, Inc. in Rye, New York is launching a proposed real estate solution to bridge the home and corporate office for that new and growing breed of worker.   Plans in place for turnkey executive office suites in Danbury, CT.  Making Space for a New Work Era
• Amtrak's NextGen High-Speed Rail Alignment will send Boston-to-Washington express trains hurtling at 220 mph through Connecticut with no stops in the state.  High-Speed Trains Come to State by 2030 -- And Keep Going
• Crowdfunding is a way for an entrepreneur to have access to several smaller angel investors through the Internet while actually testing their idea's marketability.  Although it opens up a new source of funding that was not available before, it does have its pitfalls.  Crowdfunding has its Pitfalls for Entrepreneurs
• Bridgewater Associates has announced their intent to build a $750 million headquarters in Stamford, Connecticut financed partly with state aid.  Connecticut Offers Millions to Aid Bridgewater Expansion
• Stamford Restaurant Week of 2012 is underway.  30 downtown Stamford restaurants are serving special prix fixe menus for lunch and dinner.  Stamford Restaurant Week 2012

If you would like to discuss your firm's real estate needs, strategic plans, expansion or relocation, please do not hesitate to contact us.  As always, we look forward to working with you.