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n e w h a v e n b i z . c o m | N o v e m b e r 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 R eal estate agents and developers in the region are helping to transform Greater New Haven into its future self. ey are playing a role in turning blighted industrial areas, vacant downtown lots and undeveloped land into new uses that aim to invigorate the local economy. In this issue, we spotlight those who are making the biggest impact in our "Power 25 Real Estate" section. Among those who made the list are developers building new structures to meet the demand for office and lab space, and creating new apartment complexes to sate people's desires for rental living. Others are making or brokering multimillion-dollar deals that will bring new life to underused properties. Some are selling the most luxurious homes Greater New Haven has to offer. Not only are the Power 25 leaders in their industry, many find time to be active in their local communities by helping nonprofit and charitable organizations. In another real estate feature, read on to learn more about a company called Invown — whose name is a combination of "invest" and "own." Its founder wants to make commercial real estate investing more accessible to average Americans. is issue also features our Women in Business honorees, whose accomplishments have earned them the recognition of their peers. Our Q&A feature this month is with Jeffrey Sonnenfeld of Yale School of Management, who is serving as board chair of AdvanceCT. We chat with Sonnenfeld about his efforts to convince major employers to move to or expand in Connecticut, and what he predicts for the state's economy. In another story, we spotlight a nonprofit biotech, Cure Rare Disease, which is moving to the area from Boston, further evidence that New Haven is becoming a destination for the bioscience industry. We hope you enjoy our latest issue. Please contact us whenever you have feedback on our coverage or want to share a story idea. n Michelle Tuccitto Sullo, Editor Liese Klein, Managing Editor Making a mark in real estate Michelle Tuccitto Sullo 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 STAFF WRITER Hanna Snyder Gambini CT CONTENT DIRECTOR Greg Bordonaro CONTRIBUTING WRITERS Jean Falbo-Sosnovich Harriet Jones Matt Broderick Stephanie Kalina-Metzger Jordan Grice Christopher Hoffman 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 C o n t e n t s 7 | Biz Spotlight Family behind Chem-Dry expands with 1-800 WATER DAMAGE. 8 | Startups, Tech & Innovation Health tech company bridges interactions between prospects and senior living communities. 10 | On The Record Yale's Sonnenfeld makes a CT sales pitch, leads efforts to woo companies to Nutmeg State. 12 | What's The Deal? Health clinics expand as demand for services grows. 16 | Finding Work New Haven Promise expands beyond scholarships to help youths find jobs amid labor shortage. 18 | Bay State Defection Boston biotech's move sparks hopes for local sector expansion. 22 | Power 25 Real Estate Meet the region's most influential real estate leaders. 29 | Women in Business Meet some of the top women business leaders in Greater New Haven. F E A T U R E S 7 15 18 T H E L I S T S 28 | Largest commercial real estate brokers in Greater NewHaven D E P A R T M E N T S 4 | Around the Region 5 | By The Numbers 15 | Luxury Real Estate 38 | C-Suite 38 | Expert's Corner 39 | Biz Starts