New Britain Apartment Building Sells for $30.75M

0:00It's April 8th. I'm Cory with the story, and this is Hartford News Today, local news powered by AI. A hot new apartment building in downtown New Britain just changed hands for $30,750,000. The high railer at 283 Main Street packs 114 units and wrapped up construction recently. Developer Avner Crone put it on the market, with Marcus and Milachaff's institutional property advisors handling the deal, closing in late March. They announced the sale back then, but kept the price under wraps until city land records spilled the beans through the deed filing. This comes right on the heels of another Crone project nearby. Just last November, the 1-7 unit mixed use spot he finished in 2024 sold for $31,770,000. Dollars on the very next parcel. Both buildings went to the same buyers, a partnership between New Jersey outfits, INV 360, and reliant partners who already hold a bunch of. Across Connecticut, public records point to Shlomo Katz from Lakewood, New Jersey, as

1:03the key player in the company that snagged high railer, showing big money keeps. Following into New Britain's downtown scene.