NewHavenBIZ

New Haven Biz-November 2022_digital

Issue link: https://nebusinessmedia.uberflip.com/i/1483257

Contents of this Issue

Navigation

Page 22 of 39

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 23 P o w e r 2 5 R e a l E s t a t e Harron made the highest-priced sale on the shoreline in Middlesex County by listing and selling the Hepburn estate, at 10 Mohegan Ave. e three-story, 8,400-square-foot house, built in 1939, overlooks Long Island Sound. e prop- erty fetched $11.5 million in 2017 with Harron as the listing broker. Harron handles a variety of real estate, from luxury homes and vacation retreats to land and commercial properties. She is known for her knowledge of the shoreline in particular. She also speaks three lan- guages, English, French and Spanish. More recently, she has served as listing broker for another luxury waterfront home in Hepburn's Fenwick neighbor- hood in Old Saybrook, a 4,726-square- foot, two-story, European-style home at 21 Neponset Ave. It was on the market as of October for $4.1 million. e nine- room home, built in 1986, offers floor-to- ceiling windows, water views, a swim- ming pool and Jacuzzi. Her portfolio of properties for sale includes many of the most luxurious properties in the region. Another exam- ple? A 48-acre estate with views of the Connecticut River in Old Lyme with a private boat launch and an asking price of $6.8 million. She is also selling a $5.7 million home at 15 Pettipaug Ave. in Old Saybrook, with its own beach and views of Long Island Sound. Harron's background also includes working as a stylist with high-fashion photographers in New York City. Carter Winstanley, Principal, Winstanley Enterprises Drive into downtown New Haven and developer Carter Winstanley's handiwork rises toward the sky before you. Winstanley is currently building a new $100 million bioscience tower at 101 College St. As of late-October, the building was taking shape with much of the steel frame in place. Winstanley, principal of Winstanley Enterprises, has estimated that tenants could be moving in as soon as the third quarter of 2023. e 10-story tower at 101 College St. is slated to house 500,000 square feet of laboratory, research and meeting space. e new building faces 100 College, another Winstanley development, a tower that houses Alexion and Yale University laboratories. Winstanley broke ground on the 101 College St. project in June 2021, prom- ising that it would cement New Haven's status as a regional biotech hub. Alexion, AstraZeneca's rare disease group, has announced plans to expand its research capabilities in New Haven with space at 101 College, which it plans to occupy in late 2023. Other announced tenants include Arvinas, Yale and BioLabs of Cambridge, which has said it would run a new Yale- backed incubator in the building. e new building will mean more room for the city's growing bioscience indus- try, which has been calling for more lab, research and incubator space. Winstanley has been a principal of Winstanley Enterprises since 1992, and he has nearly three decades of experience in real estate development. e company's headquarters is in Concord, Mass., and its construction group makes 300 George St. in New Haven its home. During his career, Winstanley has acquired and redeveloped more than 4 million square feet of commercial real estate, which includes 1.8 million square feet just in New Haven. at includes revamping the former Southern New En- gland Telephone building. Winstanley has also been involved in projects in Science Park and on Winchester Avenue. Molly Bruno, Principal, Molly Bruno Real Estate In addition to her work as a real estate agent, Molly Bruno serves as state liaison for the Women's Council of Realtors, Connecticut, a resource for female Real- tors throughout the state. It provides an array of leadership and skill-boosting programs, confer- ences, networking and business opportunities. A business owner and entrepreneur, Bruno heads Molly Bruno Real Estate, which has offices in Stamford and Nor- wich, and she serves the shoreline and southeastern portions of the state. Bruno hosts a blog, where she tackles topics such as renting vs. buying a home, in addition to bringing attention to her listings. Bruno is licensed in Connecticut and Rhode Island, and handles both residen- tial and commercial real estate sales. She is founder and team lead of the Atlantic Property Team at eXp Realty. Bruno says she is passionate about homeownership and making Connecticut a better place to live, work and play. Bruno is active in the real estate community. She serves on the board of directors and young professional network committee at the Eastern Connecticut Association of Realtors. She sits on the grassroots committee at the state level with Connecticut Realtors, the voice for real estate in Connecticut. She is a founding member of Women's Council of Realtors Eastern Connecticut. Bruno is active in the community at large, and she has volunteered and helped raise money for nonprofit organizations such as the American Cancer Society and American Foundation for Suicide Pre- vention. She supports the Veterans Yoga Project by teaching an annual community benefit yoga class. Arnold Peck, Broker & Owner, Property World Arnold Peck, broker and owner of Property World in Milford, is among the longest-tenured real estate professionals in the region. Peck launched his real estate career back in 1967 and specializes in acquisitions, investments and developments. For more than five decades, Peck has been involved in many high-profile deals. e New Haven Middlesex Associa- tion of Realtors commercial investment division, for example, lauded Peck in 2020 for his role as selling agent in the $1.75 million sale of 108 acres in North Haven and North Branford, known as the Borrel- li Farm property. Peck also got its "Deal of the Year" for 2020 for his involvement in the sale of 2 Boston Post Road, Orange, an approxi- mately 140,000-square-foot warehouse space on 13.65 acres. In July 2022, Peck was inducted into Marquis Who's Who, a collection of biog- raphies profiling prominent individuals. Peck started out owning and managing restaurants in Connecticut before getting involved in real estate. Today, he is involved in development projects, new subdivisions and condo- minium complexes, waterfront properties, rentals and purchasing distressed com- mercial and residential properties to be redeveloped into commercial centers. Peck says he is particularly proud of his involvement in shoreline redevelopments in Milford, new residential developments, affordable housing, and helping the city with implementing new zoning regu- lations to allow for senior housing and the reconstruction of houses, buildings, apartments and condominiums. Peck has been active in real estate industry organizations, such as the Connecticut Developers Association, National Association of Home Builders, Orange Chamber of Commerce and Economic Development Board. For civic engagement, Peck has contributed to the Cystic Fibrosis Foundation, United Way, American Cancer Society, Boys and Girls Clubs of America, Heart Foundation and Boys and Girls Village. Laura Brown, Executive Director, City Plan, New Haven As the new leader of New Haven's city plan department, Laura Brown plays a key role in the city's future development. Brown started her position as executive director of the department in February 2022. Brown is a region- al planner by train- ing and a certified economic developer. Prior to coming to work for New Haven, she had worked as a community and eco- nomic development educator with UCo- nn Extension since 2014. In that role, she worked with urban community leaders, families, business owners and grassroots organizations to enhance economic and business opportunities. Brown has more than 20 years ex- perience designing and implementing successful community and economic development programs in urban and rural areas, according to her LinkedIn profile. When she started her current position, Brown said of New Haven, "ere's so much great work happening here. I want you to know that I will be putting all of my work through the lens of equity and undoing any structures that are limiting, oppressiveā€¦ and really raising up equity." Brown said she is focused on forward- ing the city's goals related to climate resil- iency, including the Long Wharf Respon- sible Growth Plan, increasing the quality and quantity of affordable housing, and improving resident engagement in the planning process. Asked about balancing the need for af- fordable housing with the boom in luxury development, Brown said that she would look at a range of approaches. "Zoning is one of the tools we use to get there," Brown said. During her tenure so far, the City Plan Commission this summer approved a moratorium on new development in the city's Long Wharf district pending a com- plete zoning overhaul. By halting new applications for site plans, variances, permits and rezoning amendments for 12 months, the city aims to take a more active role in planning the area. e goal is to tailor zoning for future growth in line with the 2019 Long Wharf Responsible Growth Plan, which envisions the district as a lively neighbor- hood with more apartments, restaurants and retail. Brad Balletto, Co-Founder, Senior Vice President Investments, Northeast Private Client Group Brad Balletto has been involved in several large real estate deals in recent months, from the landmark Harold's for- malwear building in New Haven to area apartment complexes. Balletto co-founded Shel- ton-based Northeast Private Client Group in 2010 and serves as the company's senior vice president of investments. While based locally, he sells real estate throughout the Northeast and the coun- try. He leads his firm's Metro North team. During his real estate career, Balletto has closed over $1 billion in sales and over 200 transactions. Balletto has garnered the CoStar Power Broker award multiple times, and received the 2021 Connect Media Annual Top Broker Award. is past August, Balletto represented the seller and procured the buyer in the $4.85 million sale of the Harold's for- malwear building at 19 Elm St., in New Haven. Balletto said the new owners plan to move forward with a multifamily

Articles in this issue

Archives of this issue

view archives of NewHavenBIZ - New Haven Biz-November 2022_digital