By Mitchell Young

WINDSOR LOCKS: Vikings first found their way to the Americas in the tenth century, they reportedly didn’t stick around, but now some are back and they are offering really low cost air service, to Europe from Connecticut.

Nutmeggers taking off to Europe this summer will get a big boost from Norwegian Air [NAS.OL]. The discount airline has chosen Bradley International as a departure point to Edinburg, Scotland. Did we say discount, we mean basically near free, at least for a few passengers. The cost this summer will only be $65 for a limited number of one-way fares, there will be a $99 option available as well.

Passengers will pay additional tariffs, for food, baggage, a reserved seat, headphones and blankets however. A wink from the steward, Oxygen and a trip to the rest room are reportedly still included in the discount price. Considering the ala carte menu, unless your pockets are stuffed with cash,, Scandinavians or no –  you might want to steer clear of the Mile-High Club.

matrix danburyBy Mitchell Young

DANBURY: GE’s sale of its sprawling campus to Sacred Heart University and the relocation of employees to Boston and Norwalk, appears to be part of a larger undercurrent of corporate management. Major companies revisiting how they structure their faclity needs is having a major effect on Fairfield County’s corporate real estate market. 

Making matters more difficult for two signature office buildings however, is the untimely death of the founder of the Matrix Realty Group.

RE Survey 1

ROCKY HILL:  The Connecticut Economic Resource Center, Inc., released its semi- annual survey of real estate and development professionals on the state of Connecticut Commercial Real Estate market.

The quick take away: respondents are generally positive about markets, except for the office market and the overall economy, Of the 72 respondents 47 were brokers and 15 economic development professionals from Connecticut and out-of-state, nearly one-third of respondents were from New Haven County.

Respondents generally rated local market conditions as satisfactory, with a majority saying the industrial, investment, and residential markets in their respective regions were “Excellent” or “Good”. The local office market didn’t bring as positive a response however, three quarters of the respondents rating their local office market poor or fair.

By MItchell Young

tourism mapHARTFORD: The date has been set and registration is open for The Connecticut Governor’s Conference on Tourism [registration link] on May 4th at the Connecticut Convention Center.

The confab comes at a time that Connecticut’s largest tourism draws, the Foxwoods and the Mohegan Casinos are bracing for significant competition from new casinos, in neighboring Massachusetts and New York.

The Nutmeg tourism industry is said to employ more than 60,000 people, nearly a third at the two Casinos and their immediate vicinity. The Connecticut Department of Economic and Community Development [DECD] says, that overall tourism employment grew 13.6% in the past ten years and the Department of Tourism says that more than 1.6 million people visited Connecticut in 2015.

dataHARTFORD: New search capabilities of the state’s business formation database have been made available through a partnership with the Connecticut Secretary of State’s office and the Connecticut Data Collaborative. Searching is more flexible than the secretary’s official CONCORD System. The new database doesn’t include all the information found on Concord, such as shareholder information but users can search by town or date, and type of formation, [ LLC, Corp., Foreign etc.], sole proprietorships are not currently in the database, in the Concord system the business name  or ID is required. 

A quick search showed more than 424,000 active and inactive business records and 824 new business formations in the city of New Haven in the past year, 38 used New Haven in their name itself. The website can be reached at searchctbusiness.ctdata.org