NewHavenBIZ

n e w h a v e n b i z . c o m | F e b r u a r y 2 0 2 3 | n e w h a v e n B I Z 17 newhavenBIZ ENEWS For advertising opportunities please contact: Advertising @newhavenbiz.com or 908-963-9525 Business news three days a week: Tuesday, Wednesday & Friday The region's authoritative B2B enews is now read by over 5,400 business decision makers "I fully support the new owners in all their efforts to preserve the estate. ey are honoring and respecting its 220 year history by preserving its character where possible but also doing much needed updating to the house and grounds. We have to recognize the estate needs to create an income stream in order to pay for the ongoing preservation costs," Townshend said. Chuck Mascola added, "Our objective is to honor the land, which is pretty spectacular." e Mascolas have met with several hundred neighbors who gave positive feedback about the development of both the housing piece and the event space. As for traffic, Townsend Avenue is already a busy street frequented by people heading to Tweed New Haven Airport and Lighthouse Point Park. e Mascolas believe traffic coming from the property will not be an issue. Chuck Mascola has never been more proud of his neighborhood and looks forward to the end result of e Estate. He believes it's a win for the neighborhood, a win for city tax revenue, and a good solution for the property. "New Haven is at its best right now," Chuck Mascola said. "It was named the number 50 best city in the world to visit in 2023 (by e New York Times), which adds to the excitement. At 65, I didn't think I was going to do another run." n

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