Hartford Business Journal – Health insurer Aetna’s decision to relocate top-level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies are increasingly separating their corporate executives from the rest of their workforce.
Hartford Courant – Aetna’s decision to look beyond Hartford for its headquarters isn’t complicated, experts say: the company wants young, highly educated workers who live in thriving city environments.
At the moment, that isn’t Hartford, which only recently has picked up the pace of adding downtown apartments and other sought-after urban amenities.
“The first thing is that you have to be in a big enough metro area to attract young people,” John Glascock, director of the Center for Real Estate and Urban Economics at the University of Connecticut in Storrs, said. “GE had some problems with top candidates relocating to southern Connecticut.”
Pictured above: David J. Reilly, the retired President and CEO of Cornerstone Real Estate Advisors, and a longtime friend of and instructor in the UConn Center for Real Estate and Urban Economic Studies program, received the Center’s Lifetime Achievement Award from Director John Glascock during the Center’s 14th Annual Awards Banquet on April 14. Reilly’s contributions to UConn have been many, including facilitating Cornerstone’s $1.4 million pledge in support of the program; co-teaching a course called “Real Estate: A Practical Approach,” and inviting students to visit Fan Pier, the $4 billion Boston waterfront development project in which Cornerstone is a partner.
$1.4M Gift Gives Students Practical View of Real Estate Industry
An international real estate company is giving $1.4 million to the UConn School of Business’s highly-ranked Real Estate Center to continue offering a popular course that gives students a realistic, hands-on approach to real estate.
The gift from Hartford-based Cornerstone Real Estate Advisers will make the course, “Real Estate: The Practical Approach,” a permanent addition to the Center. Prior to 2015, Cornerstone executives had been teaching the course with UConn faculty on a trial basis for three years.Continue Reading
Wallet Hub – The purchase of a new home is one of the largest financial transactions most Americans make during their lifetime. And for that reason, the decision should be treated with careful consideration and thorough planning. For additional insight into home-ownership, we asked a panel of real-estate experts to weigh in on the subject and offer their advice.