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Press

Developing a 21st century building technology
to reshape the antiquated housing economy.

NYREJ

November 14, 2023

2023 Commercial Real Estate Visionaries: Neil Rubler of Vessel Technologies

Neil Rubler, founder of Vessel Technologies, envisioned a revolutionary approach to address the housing crisis, providing quality housing for the Missing Middle, those making too much to qualify for subsidized housing and too little to afford market rate. Rubler integrated prefabrication techniques and technology to build sustainable, attainably priced rentals.

Hartford Business Journal

November 2, 2023

Vessel breaks ground on latest Cheshire housing project, eyes summer occupancy

Vessel Technologies has broken ground on its latest Connecticut project, a five-story, 70-unit apartment building at 146 Realty Drive, off Route 10, in Cheshire.

CNBC

October 26, 2023

Fmr. NBA superstar Andre Iguodala on VC investing

NBA legend and now venture capitalist Andre Iguodala gave Vessel Technologies, Inc. a shoutout on CNBC Squawk Box this morning. In his interview with Andrew Ross Sorkin, Iguodala shared his enthusiasm for our work and his belief in our mission to offer each person an equal opportunity for an extraordinary life.

CT Insider

September 1, 2023

A New York developer thinks he has one solution for Connecticut's housing crisis

As towns across Connecticut are confronted with a housing crisis in which the need for affordable, multi-family homes far outweighs the supply that is currently available, one developer has taken a very basic approach: provide more housing at a cheaper price.

Building Design + Construction

July 6, 2023

Lennar, Mastry Ventures make multi-million dollar investment in net-zero prefab homes

Investment firm Mastry Ventures and LENx, the venture arm of homebuilder Lennar, have co-invested in Vessel Technologies’ next-generation housing product. Vessel, a housing product development company, aims to cultivate a pathway to creating attainable housing across the country.

Real Estate Weekly

July 5, 2023

Mastry Ventures and Lennar Make Major Investment in Vessel Technologies Attainable Housing Solution

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

Mastry Ventures, Lennar Invest in Vessel Technologies Attainable Housing Solution

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

‘The demand and the ROI is there’ | Several thousand housing units under construction in New London

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

Lamont tours housing boom in New London

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

New Vessel Technologies Franchise Aims to Address Multifamily Housing Needs

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

‘Attainable’ housing’ hits rejections in Glastonbury and Rocky Hill, awaits Simsbury decision

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 eyes 70-unit apartment building in Cheshire 

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

Developer to tweak affordable housing plans after Rocky Hill, Glastonbury projects rejected

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

New London removes tax hurdle for downtown developer

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.

Archinect

February 22, 2023

Multi-family industry’s first franchising opportunity' seeks visionary architect to develop their housing solution

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

Housing exempt?

Lawyers clash over zoning rules for Glastonbury apartment plan

Hartford Business Journal

February 20, 2023

NY firm’s prefabricated apartment developments could help fill CT’s affordable housing gap

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

NY firm’s prefabricated apartment developments could help fill CT’s affordable housing gap

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

Apartments with affordable units planned for Simsbury

A developer with an eye toward smaller, more affordable apartments is proposing a multi-unit residential development in west Simsbury.

Valley Press

January 20, 2023

Developer Pitching New Approach to Affordable Housing in the Area

The need for affordable housing is a nationwide problem that reaches into Connecticut and the Farmington Valley

Wall Street Journal

October 18, 2022

Demand for Prefabricated Apartments Climbs as Costs Balloon for Multifamily Development

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.