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New York & Tri-State  + Tri-State  + Apartments  |  January 12, 2024
Emily Fu
By: Emily Fu

Norwalk MF Development Site Sold for $12M 

Norwalk Hospital has sold 370 West Avenue, a 2.34-acre development site in Norwalk, Connecticut. The former YMCA site was acquired by RMS Companies for $12.2 million.  

Located at the crossroads of Interstate 95 and Route 7, the property is situated within Norwalk’s CBD Zone and one of the city’s Opportunity Zones. RMS Companies plans to construct a six-story, 204-unit apartment building with ground-floor restaurant space.  

Cushman & Wakefield’s Al Mirin, Kate Schwartz, Matthew Torrance, Jim Fagan, Gerry Lees and Maureen O’Boyle represented the seller. 

Read More News Stories About: Cushman & Wakefield
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Inside The Story

Al Mirin

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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