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                 Market News

First Niagara Office Tower Under Contract

New Haven, CT -- 195 Church Street located on the green in downtown New Haven is under contract for $18,250,000 to a New Haven based partnership led by Paul Denz, which is expected to close by year end.  The office tower includes 165,000 sf and stands in the heart of downtown at the corner of Church and Elm Streets.  First Niagara, formerly the New Haven Savings Bank, had its headquarters in the building since its development in the 1970's.  First Niagara is leasing back the first and 2nd floors for its retail branch and additional office space in upper floors.  Its reported that the bank is leasing back 35,000 sf.  

Check out the New Haven Register Article:  Click Here
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