Issue link: https://nebusinessmedia.uberflip.com/i/1540922
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Peter Stanton | CEO, pstanton@nebusinessmedia.com Tom Curtin | President, ext. 124, tcurtin@hartfordbusiness.com Editorial Greg Bordonaro | Editor, ext. 139 gbordonaro@hartfordbusiness.com Drew Larson | Web Editor, ext. 121 alarson@hartfordbusiness.com Beat: Energy Michael Puffer | Staff Writer, ext. 145 mpuffer@hartfordbusiness.com Beats: Real Estate, Economic Development, Banking & Finance David Krechevsky | Staff Writer, ext. 702 davidk@hartfordbusiness.com Beats: Health Care, Bioscience, State Government Harriet Jones | Staff Writer, ext. 145 hjones@hartfordbusiness.com Beats: Manufacturing, Cannabis, Professional Services Michael Juliano | Staff Writer mjuliano@hartfordbusiness.com Beat: Fairfield County Stephanie R. Meagher | Research Director Heide Martin | Research Assistant Steve Laschever | Photographer Business Tom Curtin | Publisher, ext. 124, tcurtin@hartfordbusiness.com Jessica M. Quinn | Associate Publisher, ext. 137 jquinn@hartfordbusiness.com Emily Paskind | Senior Accounts Manager, ext. 133, epaskind@hartfordbusiness.com Sadie Bride | Senior Accounts Manager, ext. 141, sbride@hartfordbusiness.com Destiny Cyr | Operations & Administrative Specialist, ext. 138 dcyr@hartfordbusiness.com Tracy Rodwill | Human Resources Manager trodwill@nebusinessmedia.com Production Bartosz Zinowko | Production Director, ext. 147 bzinowko@hartfordbusiness.com Events Kathryn Pelletier | Events Manager, ext. 136 kpelletier@hartfordbusiness.com Charter Communications to cut 1,200 jobs, including at Stamford HQ Charter Communications Inc. plans to eliminate about 1,200 positions, or just over 1% of its workforce, as it moves forward with its planned $21.9 billion merger with Cox Communications, according to The Wall Street Journal. The cuts will primarily affect corpo- rate and back-office roles at Charter's Stamford headquarters and other U.S. offices. Front-line sales and custom- er-service jobs will not be impacted, the report said. The restructuring aims to streamline operations as the cable and broadband Judge approves foreclosure of Hartford's Constitution Plaza A judge has approved the fore- closure of Constitution Plaza, a six-building, 670,000-square-foot office complex in downtown Hartford. Hartford Superior Court Judge Claudia Baio granted the order in a case brought by lenders owed $50.9 million after the property's owner, Constitution Plaza Holding LLC, failed to repay a $55 million loan that matured in May 2023. The complex, appraised at $13 million, will transfer to the lender in December 2025. City officials say they view the foreclosure as an opportunity to reposition the 1960s-era property, possibly converting some offices into apartments or hotel space. The ruling comes amid a sharp downturn in Hartford's office market, where several other major towers — including the Stilts Building and Metro Center — are also in foreclo- sure or receivership. Avelo Airlines leaving Bradley, ending Jamaica route Avelo Airlines is pulling out of Bradley International Airport, ending Connecti- cut's only nonstop service to Montego Bay, Jamaica. The Connecticut Airport Authority said it was "disappointed and surprised" by the decision, accusing the low-cost carrier of trying to avoid its financial obligations after receiving state incentives and fee waivers. CAA officials disputed Avelo's claim of weak demand, saying 80% to 95% of seats on Jamaica flights were filled this summer. The airline's departure follows Spirit Airlines' exit from Bradley in October. The CAA said it's already fielding interest from other carriers to restore Jamaica service. An Avelo Airlines plane takes off. Contributed Photo An office building at 250 Constitution Plaza, in Hartford. Photo | CoStar Charter Communications' Stamford headquarters at 400 Washington Blvd. Contributed Photo Electric Boat President Mark Rayha announcing the purchase of the Crystal Mall. HBJ Photo | Harriet Jones Electric Boat acquires majority of Crystal Mall in Waterford S ubmarine manufacturer Electric Boat has purchased nearly all of the Crystal Mall property, with plans to transform the Waterford site into an engineering, training and software development hub. Renovations are slated to begin in mid-2026, and the company expects to move employees in by 2027. The Groton-based shipbuilder, which employs about 25,000 people, said the Waterford location will eventually house 3,000 to 4,000 workers — a mix of new hires and relocated staff. Electric Boat President Mark Rayha called the project "a great opportunity in a great location." The acquisition builds on EB's earlier purchase of the former Macy's store at the mall. The only section it doesn't own is the former Sears space, which could be added later. Some stores will remain open until renovations begin. giant adapts to shifting consumer habits and increased competition. The Cox merger, expected to close in mid-2026 pending regulatory approval, would create the nation's largest cable and broadband provider, operating under the Cox name and based in Stamford.