Real Estate Weekly
July 5, 2023
Vessel Technologies, Inc., a mission-driven housing product development company and franchisor that offers a high-quality, sustainable, and attainably priced housing solution, has secured Series A funding from co-lead investors Mastry Ventures and LENx, the venture arm of homebuilder Lennar. The investment will accelerate Vessel’s growth, supporting continued expansion in the Northeast and a rollout to housing-constrained markets across the country.
Connect Media
July 5, 2023
Vessel Technologies, a housing product development company, has secured Series A funding from Mastry Ventures and LENx, the venture arm of homebuilder Lennar. The investment will accelerate Vessel’s expansion in the Northeast and its rollout to housing-constrained markets nationwide.
FOX 61
April 14, 2023
New London County has the jobs. But what about housing? In a ramp-up to build nuclear submarines, General Dynamics Electric Boat seeking to hire 5,700 workers in southeastern Connecticut this year. But does the Whaling City have the housing stock? It’s going into construction season with cranes already in the sky.
The Day
April 14, 2023
Gov. Ned Lamont Friday walked the dilapidated grounds of the Garfield Mill complex, looked out into the waterfront from a future luxury apartment on Bank Street and stood in a finished one-bedroom apartment along Howard Street.
Franchise Times
April 13, 2023
Inspired by the technological innovation driving the next generation of electric vehicles and ambitious endeavors such as Elon Musk’s rocket and satellite company SpaceX, Neil Rubler found himself rethinking his own industry, real estate.
Hartford Courant
April 6, 2023
Working to expand its footprint in Connecticut, housing developer Vessel Technologies is looking for zoning approvals in Simsbury and Cheshire following recent setbacks for its proposals in Glastonbury and Rocky Hill. The New York-based company is midway through building its first Connecticut apartment complex, a 30-unit project in downtown New London, and is eying nearly a dozen other communities for the future.
Hartford Business Journal
March 31, 2023
Vessel Technologies, which is proposing multiple apartment buildings throughout Connecticut with “attainable” units, is pitching another project in Cheshire.
Hartford Business Journal
March 27, 2023
A New York-based developer of several proposed “attainable” apartment buildings around Connecticut said he will resubmit new plans for projects in Rocky Hill and Glastonbury after both applications were denied by those towns’ Planning and Zoning boards.
The Day
March 2, 2023
The City Council has approved a 20-year tax abatement for developers of an apartment complex that would make use of a long vacant plot of land at 174 Bank St.
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Archinect
February 22, 2023
At Vessel, which describes itself as the “multi-family industry’s first franchising opportunity,” the company is seeking to address the housing needs of the “missing middle,” those who earn too much to qualify for subsidized housing but too little to afford market-rate options. In addition to partnering with community leaders to understand housing needs in individual areas, and offering individuals the option to become investors and operators in the resulting developments, the company is developing a patented housing system that it describes as “beautiful, luxurious, sustainable, healthy, safe and attainably priced,” leading to their current search for a “visionary architect” to advance the product.
Journal Inquirer
February 21, 2023
Lawyers clash over zoning rules for Glastonbury apartment plan
Hartford Business Journal
February 20, 2023
New York development firm Vessel Technologies Inc. is moving into Connecticut and bringing a novel approach to tackling the state’s housing shortage by quickly and efficiently building “attainable” units geared toward middle-income residents.
Hartford Business Journal
February 20, 2023
New York development firm Vessel Technologies Inc. is moving into Connecticut and bringing a novel approach to tackling the state’s housing shortage by quickly and efficiently building “attainable” units geared toward middle-income residents.
Hartford Business Journal
February 2, 2023
A developer with an eye toward smaller, more affordable apartments is proposing a multi-unit residential development in west Simsbury.
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Valley Press
January 20, 2023
The need for affordable housing is a nationwide problem that reaches into Connecticut and the Farmington Valley
Wall Street Journal
October 18, 2022
Construction of prefabricated homes is ramping up and providing an alternative to traditional multifamily, where the construction process has slowed because of rising costs and supply-chain delays.
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