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POKO Partners

  • Wall Street Place, stalled for 18 months, faces uncertain future amid criticism

    Updated, 8 p.m.: Comment from Tim Sheehan. NORWALK, Conn. — It’s loomed over Wall Street for a year and a half, a Tyvek-wrapped box-like symbol of frustration for many Norwalkers. “Citibank owns it, they can’t get anybody to finish developing it because the costs are way too high,” Common Council member Doug Hempstead (R-District D)…

  • Wall Street Place is a poke in Norwalk’s eye

    Wall Street Place, in October. Dear Editor: The other day I tried going to see a movie at the Garden Cinema, the one theatre in Norwalk where you can be confident you will get to see premier foreign and domestic films that don’t always play at more commercial theatres.  But I had to return home.…

  • Norwalk political notes: Wall Street Place foreclosure; Morris lands a Committee role

    Norwalk political notes: Wall Street Place foreclosure; Morris lands a Committee role

    Updated, 1:53 p.m.: John Kydes’ comment on Wall Street Place added. 2:09 p.m., statement from Chris Murphy.  NORWALK, Conn. – Here’s what we have for you in political notes this Saturday: Morris appointed to state Education Committee Citibank working to restart Wall Street Place Mosby’s side of the BoE unsigned civility code Morris calls suspicions ‘innuendo’…

  • Norwalk political notes: Council agenda, NAACP, POKO and campaign efforts

    Norwalk political notes: Council agenda, NAACP, POKO and campaign efforts

    Correction, 2:50 p.m.: BoE Facilities Committee meeting is Oct. 18; update 3:30 p.m., information about South Norwalk forum added. NORWALK, Conn. – Here’s what we have for you in political notes this Monday: A Democratic take on the presidential debate City hiring attorney to deal with Walk Bridge issues OHPA and water usage OHPA appointment…

  • Push for Wall Street train station nets info on POKO, Duleep’s building

    NORWALK, Conn. — A train station in the Wall Street area would capitalize on housing trends and revitalize the economic engine in central Norwalk, Michael McGuire is saying in multiple places. McGuire made that push to the Redevelopment Agency recently. He brought it up at last week’s Mayor’s Night Out, where the conversation touched upon…

  • Norwalk Council members question POKO’s ‘default’

    NORWALK, Conn. – No one is lined up to take over the construction of Wall Street Place, Norwalk Redevelopment Agency Executive Director Tim Sheehan said last week. “There is a bunch of information out there, I don’t know what is true, what is not true,” Common Council member Doug Hempstead (R-At Large) said at the…

  • Norwalk officials ‘confident’ that Wall Street Place work will resume

    Updated, 1 a.m. Aug. 26: Story was edited. NORWALK, Conn. – Norwalk officials are expressing confidence that work on Wall Street Place will resume. Construction on POKO Partners’ mixed use development on the corner of Isaac Street and Wall Street had “stopped cold for the last week,” a Wall Street merchant said in a Saturday…

  • POKO’s financing may be imminent — think Friday… or the first week of August

    POKO’s financing may be imminent — think Friday… or the first week of August

    NORWALK, Conn. — It’s possible that POKO Partners will close on its state financing paperwork this week, Redevelopment Agency Executive Director Tim Sheehan said Tuesday. The news comes after Freddie Mac finally came through with a commitment to provide a “permanent takeout” for Citibank’s $13 million construction loan to POKO, the missing financial puzzle piece…

  • Norwalk Council debates ‘pulling plug’ on POKO

    Norwalk Council debates ‘pulling plug’ on POKO

    NORWALK, Conn. – The idea of an “end date” in relation to Norwalk’s deal with Wall Street Place developer POKO Partners was batted around and discarded by frustrated Common Council members Monday, and when the dust settled they agreed to recommend giving the embattled developer yet another extension – but with a bill, a total…

  • Norwalk Republican Council members plan for POKO failure, even as Dems express optimism

    Correction, 1:30 p.m., Friday: State has awarded $5 million in funding in support of parking garage, not $500,000. NORWALK, Conn. – Skepticism abounds even if there are signs of at least something being done at the long-delayed Wall Street Place. To that end, Common Council members say they are scheduling a meeting to be ready…

  • Norwalk officials regard POKO’s crumbled pavement with varying degrees of optimism

    Updated, 1:40 p.m., comments from Lori Torrano NORWALK, Conn. – Yes, indeed, there was work done on Wall Street Place on Friday. Although two NancyOnNorwalk readers were quick Friday afternoon to jump on the idea that Ken Olson of POKO Partners had not made good on his Thursday promise to begin the long-delayed construction on…

  • Wall Street Place to begin construction ‘within hours’

    NORWALK, Conn. – Construction on the long delayed Wall Street Place is set to begin within hours, Ken Olson of POKO Partners said. “We will be mobilizing today and tomorrow. We will start digging tomorrow and we won’t stop until we are complete,” Olson said Thursday afternoon.

  • Redevelopment chief: Expected Wall Street boom may create anxiety for some

    Updated, 1:25 p.m.: Comments from Mayor Harry Rilling supporting back-in parking.  NORWALK, Conn. — Prediction: One year from now, Norwalkers will be complaining about “too much” development happening in the Wall Street area. So says Redevelopment Agency Executive Director Tim Sheehan in telling two groups last week that construction at the three long-delayed projects is…

  • Rilling looks to spur redevelopment in SoNo, Wall Street area

    NORWALK, Conn. – A new master plan for the Webster Street lot is only part of the focus for Norwalk redevelopment, Mayor Harry Rilling said. “Toward the end of this month I am having a meeting with Pullman and Comley, (a law firm) who are going to discuss with us advancing options, some of the…

  • POKO’s non-default puzzles Norwalk Council members; may now go to May

    NORWALK, Conn. — If you have been assuming that POKO Partners’ Wall Street Place project is kaput just because Norwalk has declared the developer to be in default of its agreement with the city, then you have been mistaken. Redevelopment Agency Executive Director Tim Sheehan on Monday night read Planning Committee members a letter he…

  • Norwalk to POKO: You’re in default

    NORWALK, Conn. – POKO Partners has been sent a letter notifying it that it is in default of its agreement with the city regarding the Wall Street Place property, Common Council members said Thursday. Redevelopment Agency Executive Director Tim Sheehan said Wednesday that he had not received any indication from POKO that it has obtained…