Government

‘They Have a Purpose’: Owner Likely Has Plans for Contiguous Properties Downtown, Officials Say

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Officials said Tuesday that they’re expecting the owner of a .2-acre parcel downtown that the town uses as a permitted parking lot to combine that property with two others for some type of project, possibly very soon. The town has sold 28 annual permits at $436 apiece for what long has been known as the “Telephone Lot” on Cherry Street. Last April, a limited liability company whose principal is a New Canaan man purchased the property for $625,000. 

Robert Cuda and his family also own numbers 21 and 25 Burtis Ave. under different companies, according to local tax and state business records. Located in the Business A zone, those two properties total .3 acres combined, meaning the Telephone Lot makes a half-acre total.

News

‘This Is a Wake-Up Call’: Telephone Co. Building, Parking Lot Downtown For Sale

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The owner of a prominent Main Street building and adjacent lot that the town of New Canaan leases for sorely needed parking spaces is selling the property. The brick ‘Telephone Co. Building’ at 140 Main St. has been owned by successive communications companies for decades, most recently by Frontier, and now is being offered by New York-based Cushman & Wakefield. The .6-acre property is being divided in the sale between the structure and parking area, jeopardizing New Canaan’s use of the 18-space permitted lot.