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While making massive splash in Connecticut residential market, New Britain developer see future for historic office building, too
06/15/2022
Despite the rocky path for office buildings since the pandemic began, developer Avner Krohn — known for huge apartment complexes in Connecticut — has just bought one in New Britain.
Krohn’s Jasko Development paid $775,000 for the historic former post office downtown, the only office building in Krohn’s portfolio.
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Developer Avner Krohn buys former New Britain Post Office property for $775,000
06/13/2022
New Britain-based developer Avner Krohn has acquired the old Post Office building at 114 West Main St. with plans to renovate the office building and find new tenants.
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Proposed East Hartford apartment complex wins another approval, could bring almost 440 units to Silver Lane corridor
06/8/2022
The partnership of Zelman Real Estate and Jasko Development announced the enormous project will have eight buildings with three and four stories along with a 10,000-square-foot amenities center with gym and pool.
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Avner S. Krohn Acquires the Old Post Office in Downtown New Britain
06/8/2022
Avner S. Krohn—Chairman and CEO of New Britain-based Jasko Development—closed on the neoclassical landmark on June 1 via a registered LLC. The seller was an entity stewarded by Peter R. Knaus, whose family acquired the building in 1985 and completed an award-winning, $1.8 million renovation a year later, leasing office space at the property ever since. The purchase price was undisclosed.
The acquisition is in keeping with Krohn’s focus on working closely with city officials and the community to provide a robust mix of live-work-play elements downtown. Jasko has built five New Britain retail and residential projects and is moving forward with mixed-use developments including 107-unit The Brit at 267 Main Street and its adjacent “sister project” at Main and Columbus.
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First West Hartford Center apartment development in 6 years could test upper limits of rents, with ' luxury living’
06/5/2022
The first rental construction in six years in trendy West Hartford Center is expected to begin in a month as two forlorn buildings are torn down to make way for luxury apartments that could test the upper limits of the area’s asking rents.
The 48-unit apartment building will replace the buildings at 920 and 924 Farmington Avenue — an area considered the gateway to the heart of the Center. The new rentals could be ready by the fall of 2023.
The mixed-use project — expected to cost more than $15 million — has been christened “The Byline” after a writer’s credit at the top of a newspaper story. The name also draws on the town’s legacy of publishing and being the birthplace of Noah Webster.
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New Britain demolishes three downtown buildings; makes way for new apartments
06/1/2022
New Britain developer Avner Krohn, of Jasko Development, is leading the apartment development project that will include studio and two-bedroom apartments. It will also contain about 6,000 square feet of first-floor retail and restaurant space. Amenities will include an outdoor terrace, dog washing area, gym, and bike storage. The project is estimated to be completed by the end of 2023.
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As wreckers come for Amato’s and Dakille in New Britain, developer promises second $20 million, six-story apartment tower will rise by 2023
06/1/2022
With the back of the old Amato's toy shop in New Britain demolished, an excavator waits Tuesday to bring down the rest along with the buildings that housed the Dakille photo studio and Liberty Tax Service. (Don Stacom photo)
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Mayor Stewart, Jasko Development make way for new apartment building
05/31/2022
Jasko Development begins demolition in New Britain CT. By the end of 2023, there will be hundreds of new apartments downtown.
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Apartments planned for East Hartford cinema site
02/16/2022
The Town Council in September voted 6-3 along party lines to authorize the mayor to execute a purchase and sale agreement of $1 for the property, a process that could take up to 18 months.
New Britain developer Jasko Development and Zelman Real Estate have proposed an “amenity rich” rental housing project of 360 or more market-rate apartments with a number of facilities for tenant use. A presentation shown at the meeting lists amenities that include a pool, dog park, club rooms, a community bar, conference and “work from home” rooms, fitness centers, and bicycles for tenant use. Plans have not been finalized, and neither a site plan nor the development agreement have been completed or approved.
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West Hartford Town Council Gives Unanimous Approval to Farmington Avenue Mixed Use Project
01/26/2022
The West Hartford Town Council gave a unanimous vote of approval to a project that will transform a key corner at the gateway to West Hartford Center, replacing two outdated and functionally obsolete office buildings with a mixed-use residential and commercial building that will will include 48 apartments and support the concept of “new urbanism.”
Brian Zelman and Avner Krohn, two of the principals of Farmington Avenue Acquisitions, said Wednesday morning that the existing buildings on the site are already vacant and they are excited for the construction to commence.
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