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New Haven Biz-September-October 2020

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n e w h a v e n b i z . c o m | S e p t e m b e r / O c t o b e r 2 0 2 0 | n e w h a v e n B I Z 29 SALES / LEASING • Retail • Office • Industrial • Investments PROPERTY MANAGEMENT • Apartments • Condominiums • Office • Shopping Centers • Industrial Parks • Residential Rentals 1768 Litchfield Turnpike, Woodbridge CT | www.LMMRE.com | (203) 389-5377 Looking for a property manager in Connecticut? Look no further! Levey Miller Maretz, LLC is a leader in property management and commercial brokerage. From commercial and residential properties, to condominium associations, we manage it all! LMM has a proven track record of over 50 years in the commercial real estate and property management industries. Levey Miller Maretz is located in Woodbridge, CT and offers complete: • Property Management Services • Sales and Leasing • Facility Maintenance • Bookkeeping If you, or someone you know, are looking for knowledgeable and experienced property management services in the Connecticut area, or if you are looking for investment opportunities in Connecticut, we invite you to contact us. Contact Jeremy Rosner 1768 Litchfield Turnpike Woodbridge, CT www.LMMRE.com (203) 389-5377 Our flexible lending solutions and experienced team may be just what your business needs. Visit chelseagroton.com/growthatbusiness or call 860-448-4203. You can count on us. BUSINESS BANKING • COMMERCIAL LOANS TREASURY MANAGEMENT SOLUTIONS in the interim. "We are using this coming season to create work with our community, to recognize the abundance of artistic voices that exist and to find ways to amplify those stories," says Ingui. Lessons learned/changes ahead: "What is essential is to be more forward-thinking when looking at your finances," says Ingui, "and that it's essential there is some type of reserve that exists in your bank account." NEW HAVEN SYMPHONY ORCHESTRA Of Note: Last year Alasdair Neale became the new music director. Closings began: Last concert was March 5. Board cancelled future shows. Change in organization: No one has been furloughed from the full-time staff. "We're busier than ever because we've taken what we usually do and are re-imagining it online," says CEO Elaine Carroll. "Music to fight social isolation, to support teachers who are teaching arts learning online. e musicians unfortunately haven't been able to perform but we've done some fundraising around that issue, created a relief fund for them and received a $187,000 government loan, which we hope will be forgiven. In the meantime: Podcasts and other online ways of teaching teachers and students music appreciation and instruments increased as well as music content online, with some new videos donated by the musicians. Financial impact: "We lost $175,000 in revenue, but because the audience was incredibly generous we raised $48,000 for the musicians," says Carroll. "e symphony is not going to go bankrupt. We worked very hard to make sure we had enough cash reserves in place for that rainy day fund — and it's pouring." Plans for fall and 2021: Tentatively planning to return Jan. 21, but subject to guidance from health and government officials. "e chairman of our board is the COO of the Yale New Haven Health System so we don't have to argue about the science. He just comes in and tells us what it is." Lessons learned/changes ahead: "Online content has not been an area that we put a lot of focus on but clearly the interest is there," says Carroll. "Also, as the fourth oldest orchestra in the nation, we've been through a pandemic before. We'll get through this one, too." n The New Haven Symphony Orchestra's last live performance was March 5. ARTS & BUSINESS

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