The developer of the most anticipated residential development in downtown Danbury blames the “unprecedented circumstances” of the coronavirus for missing two completion deadlines and promises not to miss a third deadline at the end of this year. Developer Dan Bertram of BRT says the 149-apartment complex on Main Street that was supposed to be completed in 2021 and missed a second completion deadline in August should be finally finished by the end of this year. The new apartment complex at the former headquarters of The News-Times is across the street from the 374-unit Kennedy Flats complex. Bertram and the city negotiated a completion timeline under a tax break agreement that had to be renewed once already when BRT missed the 2021 deadline. On Thursday, the City Council will vote whether to renew that tax break agreement for a second time, until Dec. 31, 2022.
https://www.stamfordadvocate.com/news/article/Developer-of-Danbury-apartment-complex-who-missed-17483875.php