The Manwaring Building

Location:  New London, CT

Address:  225 State Street, New London, CT

Property Type: Apartments

The Manwaring Building has stood in the center of New London for over a century, neighboring City Hall and anchoring State Street the city’s commercial thoroughfare, over 35,000 well-maintained & historically significant square feet. NMS and their joint venture partner High Tide Capital are going to renovate the Manwaring Building and add 12-14 new residential units to the building, 6-7 each across the 2nd and 3rd floors, as well as 5 additional two-floor townhouse-style units to the back of the first floor and the ground level basement.  This investment is eligible for 20% Federal historic rehabilitation tax credits and 25% Connecticut State historic rehabilitation tax credits.