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Monday, December 31, 2018

Council President wants briefing from theaters developer

BRIDGEPORT — When Craig Livingston and other executives with New York City-based Exact Capital were eager to boast about their ambitious plans for the downtown — renovating a pair of historic theaters and building an 18-story residential tower — they participated in a press conference. “If you’re gonna do it, do it big,” Livingston, Exact’s managing partner, said last June while at the long-shuttered Majestic and Poli Palace theaters. “Eighteen stories is not really such a big building where we come from.” A year and a half later, Exact has missed its city-imposed deadline to come up with $56 million in financing.

from News https://www.ctpost.com/local/article/Council-President-wants-briefing-from-theaters-13500156.php

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