Prolific apartment developer Avner Krohn has sold his freshly completed 107-unit apartment building in downtown New Britain and is negotiating to sell its twin next door, saying he’s focusing more attention on the planned Concourse Park mega-project in East Hartford. “We are all in on East Hartford, we’re fully ramped up and ready to make it happen,” Krohn said Monday. “We feel very strongly that East Hartford will do very well.” Krohn confirmed that his Jasko Development recently sold The Brit, a six-story, modernistic glass-faced building in the heart of downtown, to a partnership of Reliant Partners LLC and Investment 360. Krohn did not disclose the purchase price, and Solomon Katz, listed as a key official in Reliant and Investment 360, could not be reached Monday. When it was proposed in 2021, The Brit was revolutionary for the city’s ailing downtown, and represented the first large-scale infusion of market-rate housing in decades. Then-Mayor Erin Stewart’s administration granted a 26-year tax incentive worth more than $300,000 a year to get Jasko to demolish the abandoned Burritt Bank headquarters at Main and Bank streets and replace it with an amenity-rich apartment complex.
Developer sells massive CT apartment building, promises separate mega-project on track
