Ted Ferrarone | Source | Co-President at Building and Land Technology
Ted Ferrarone
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Building and Land Technology
Co-President
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Encouraging signs for Fairfield County's residential real estate market amid COVID panic
While Fairfield County’s commercial real estate market generally is predicted to take a dive this year as a result of COVID-19, such may not be the case with its residential market.
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Stamford apartment boom shows no signs of slowing
The sale of the Infinity apartment building in Harbor Point, points to sustained investor confidence in a city whose apartment inventory has grown dramatically in recent years.
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New York Flight Boosts Connecticut Demand
Relocations from the city are catalyzing leasing activity in the suburban economic hub of Stamford, according to developers.
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We’ve been very busy since then. I think you’re seeing the push of people coming out of New York. You get a lot more for your money. You can rent a two-bedroom here for less than you can rent a one-bedroom for in the city. That apartment is also typically brand-new, with a gym in the building and a washer-dryer in the unit, he added. Essentially people can have an office in their apartment for less than they were paying just for their apartment in the city.
