Norwich seeks $8.8 million state grant to revitalize lower Broadway

New York-based developer Ernest Tollja, the owner of the blighted Fairhaven building at 26-28 Broadway, said Tuesday part of the side of the building has now fallen apart. Tollja and his brother Albert Tollja, under TT Investments LLC, purchased the Fairhaven and two other lower Broadway buildings for a combined price of $810,000 last January. They could soon receive some help with the cost of restoring the Fairhaven into 21 apartments. The City Council on Monday authorized the Norwich Community Development Corp. to apply for an $8.8 million Community Investment Fund grant that would help fund a major project that would revitalize several properties on lower Broadway. The total project cost would be $11.9 million, Brown said. TT Investments would contribute most of the rest of the funds, not covered by the grant.

https://theday.com/news/749802/norwich-seeks-88-million-state-grant-to-revitalize-lower-broadway/

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