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n e w h a v e n b i z . c o m | J u l y 2 0 2 2 | n e w h a v e n B I Z 3 F r o m T h e E d i t o r s I t's a tale of two cities. No, not a Charles Dickens novel. e cities in question are New Haven and Hartford. In this issue, we look closely at the residential rental markets in each city. We compare and contrast their markets for rental development, looking at both the economic and governmental factors affecting prices and construction rates. In another story, we delve into how you can make sure your money goes toward your investments. ere have been multiple high-profile area cases in which people invested large sums, only to learn later that individuals had diverted the money for their own personal use — to pay their own credit card bills, buy luxury items or go gambling. Area experts speak out in this issue about what investors can do to protect themselves from being victimized. In our Q&A feature, we chat with Sharon Barr, senior vice president and head of research and product development at Alexion. Barr discussed what the AstraZeneca acquisition has meant for the rare disease drugmaker, and what the future holds for Alexion's New Haven presence. In another story, learn more about the evolution of Science Park, and how it has begun evolving into a neighborhood where people can live, work and shop. Ever consider renting out your space to make some extra money? Airbnb says people are increasingly turning to hosting to net more cash, and property owners in the New Haven region are among them. Read on to learn what the area's most popular hosts advise others looking to become hosts themselves. We hope you enjoy the issue. Let us know what you think and reach out with your coverage suggestions. – Michelle Tuccitto Sullo Editor – Liese Klein Managing Editor A tale of two cities 4 | Around the Region 5 | By The Numbers C o n t e n t s Michelle Tuccitto Sullo T H E L I S T S 27 | Top accounting firms 28 | Largest accounting degree programs in Connecticut 29 | What's the Deal? 30 | Luxury Homes 31 | C-Suite 6 | Corner Office Corporate advisor A.M. Bhatt's nonprofit offers New Haven students 21st-century tech skills. 7 | Startups, Technology & Innovation Ireland-based Nuritas' New Haven expansion spurred by city's thriving bioscience sector. 8 | On The Record AstraZeneca marriage boosts collaboration, New Haven growth for drugmaker Alexion. 12 | Leisure & Hospitality Local Airbnb hosts find profits, compete with hotels in short-term rental market. 16 | Shifting Demand Science Park's latest evolution — a neighborhood. 18 | A Tale of Two Apartment Markets Red-hot Hartford, New Haven multi- family sectors evolve along different paths. 21 | High-Tech Health Colleges respond to growing demand for biomedical engineers with expanded offerings. 23 | Focus: Accounting IPO, SPAC slowdown may crimp New Haven biotech growth. F E A T U R E S D E P A R T M E N T S 7 23 18 Liese Klein New Haven Biz 900 Chapel Street, New Haven, CT 06510 (203)-937-2148 • www.newhavenbiz.com EDITOR Michelle Tuccitto Sullo MANAGING EDITOR Liese Klein CT CONTENT DIRECTOR Greg Bordonaro CONTRIBUTING WRITERS Chris Hoffman Jean Falbo-Sosnovich Matt Broderick Pamela Brown Stephanie Kalina-Metzger Joel Samberg Michael Puffer DESIGN DIRECTOR Mitchell Hayes PRODUCTION DIRECTOR Kira Beaudoin PRESIDENT & PUBLISHER Tom Curtin CHIEF EXECUTIVE OFFICER Peter Stanton CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER Mary Rogers DIGITAL DIRECTOR Jan Holder AUDIENCE DEVELOPMENT DIRECTOR Valerie Clark NEW HAVEN BIZ (ISSN 2639-605X), is published twelve times annually, 900 Chapel St., 10th Floor, New Haven, CT 06510. Copyright 2018. All rights reserved. Subscriptions: Annual subscriptions are available for $29.95. To subscribe please email circulation@newhavenbiz.com or contact our circulation team at 203-937-2148 ext. 4 New Haven BIZ accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. A division of: New Haven BIZ is a publication of New England Business Media, LLC. newhavenBIZ

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