NEW HAVEN — The former Union Trust building at 205 Church Street is slated for conversion into apartments. Cooper Church, LLC recently purchased the property, reportedly for around $13.5 million. The seller is Hampshire New Haven, LLC, a subsidiary of Hampshire Hotels & Resorts, which paid $10.9 million for the 11-story structure in 2009.
Hampshire did some repair work on 205 Church Street, including replacing windows and parapets, but their vision of an upscale hotel at the site never came to fruition.
The new owners want to create “at least 100 units of market-rate housing,” according to Dana Collins, spokesperson for New York-based Cooper Square Realty Inc. They have met with city officials and aren’t seeking government funds, she adds, but haven’t yet “come up with concrete plans.”