{
  "id": 3900779,
  "title": "Two vacant Connecticut offices will become 286 apartments in $120m conversion",
  "url": "https://urgent.news/2026/08/28/two-vacant-connecticut-offices-will-become-286-apartments-in-120m",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-28T05:30:00.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/world/us/two-vacant-connecticut-office-buildings-built-in-1980-and-1982-will-become-286-apartments-in-a-120-million-conversion-reusing-511000-sq-ft-instead-of-tearing-them-down/articleshow/133582163.cms"
  },
  "original_language": "en",
  "account": "Two vacant Connecticut office buildings will be converted into 286 apartments, according to a $120 million redevelopment project. The two eight-story buildings, 101 and 201 Merritt 7, are located in the Merritt 7 office park in Norwalk, a suburb of New York City. The apartment complex will feature loft-style units, ranging from studios to two-bedrooms, with an average size of 983 square feet. Among the 286 units, 26 will be affordable under Norwalk's inclusionary requirements. The project also includes a resort-style amenity area with a swimming pool, dog runs, a putting green, and a bocce court. The buildings, constructed in 1980 and 1982, will be repurposed instead of being torn down. Saber-Hightower LLC and Granoff Real Estate, led by co-founders Marty Berger and Greg Belew, are the developers behind the project. The properties are supported by a $75.5 million senior construction loan from Bank OZK. The conversion aims to meet the demand for more sophisticated, generously-sized residential spaces in the market.",
  "summary": "Transforming the urban landscape, two idle office buildings in Connecticut are set to be revitalized into vibrant apartments. With a projected budget of $120 million backed by Bank OZK, this redevelopment will introduce 286 loft-style residential units, complete with modern facilities. The project emphasizes the importance of reusing existing properties, offering excellent rail connectivity to…",
  "key_points": [
    "Two vacant Connecticut office buildings converted into 286 apartments",
    "$120 million redevelopment project for Merritt 7 office park in Norwalk",
    "Amenities include swimming pool, dog runs, putting green, and bocce court"
  ],
  "editors_take": "The conversion of two vacant office buildings into 286 apartments signals a shift towards repurposing existing structures to meet demand for spacious residential units in the Norwalk market.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}