New Haven, Conn.: Extra Than Simply Lecturers and Mozzarella

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New Haven, Conn.: More Than Just Academics and Mozzarella

Many buyers start hunting in East Rock, where colorful houses in late-19th-century Queen Anne and Mediterranean styles relax in shaded yards. Mansion-lined Saint Ronan and Livingston Streets are among the top addresses, but elegant porch-fronted two-family houses, whose mortgages are offset by rents from Yale students, are abundant off Orange Street, a cafe-dotted strip.

With inventory low, there has been renewed attention on Westville, whose retail hub, at Whalley Avenue and Fountain Street, next to Edgewood Park, offers Camacho Garage, an outdoor restaurant. Farther out is East Shore, which mixes beachy and suburban vibes, with colonials on small lots by a sea wall. Neighborhoods now popular with investors include Fair Haven, a one-time oystering area on the Quinnipiac River.

Over the past 30 years, as office buildings near the New Haven Green have shed tenants, developers have grabbed the sites for housing. The Center Court Apartments, at 116 Court Street, for example, are now condos. But downtown is mostly rentals, a trend ignited by the 2010 construction of 360 State Street, a 32-story, 500-unit tower that is among the tallest in the city.

Corsair, a 238-unit project with a pool in its courtyard, occupies a spot where airplane propellers were once manufactured; a second, 75-unit complex will rise across the street. A sprawling former Winchester gun plant, targeted for redevelopment for decades, has added 158 apartments and was approved this spring for 287 more, which will join biotech offices. And Audubon Square, a phased project adding 464 rentals to several large parking lots, is being built by Spinnaker Real Estate Partners, which is also helming the 500-apartment redevelopment of the windswept site where the New Haven Coliseum once stood, with plans to break ground this year.

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