New Haven Collects Over $500,000 in Back Taxes from Hamilton Street Clock Factory Site

Hartford & New Haven, CT, August 18, 2026 —

The city of New Haven has successfully collected over $500,000 in outstanding back taxes, interest, and fees stemming from the long-vacant Hamilton Street clock factory. This significant financial recovery was facilitated by the recent purchase of the property by the Housing Authority of New Haven (HANH).

HANH acquired the Hamilton Street clock factory for a sum of $4 million. The transaction served to resolve a considerable amount of accumulated debt and address numerous violations previously associated with the derelict industrial site.

The payment of back taxes, interest, and fees marks a step towards revitalizing the property, which has stood vacant for an extended period. The precise breakdown of the collected funds, detailing the amounts allocated to back taxes versus interest and fees, was not immediately available. Similarly, information regarding the specific nature of the violations that were cleared as part of the sale was not provided.

Details concerning the former owners of the Hamilton Street clock factory and their direct involvement in the payment process were not disclosed. The Housing Authority of New Haven’s acquisition is expected to pave the way for future development or redevelopment plans for the site, though specific plans have not yet been announced.

The recovery of these funds represents a positive financial outcome for the city, addressing long-standing financial obligations tied to the property. Further information on the future use of the Hamilton Street clock factory site is anticipated as the Housing Authority of New Haven moves forward with its plans.

Story summarized from the original created by Dereen Shirnekhi on www.newhavenindependent.org, see more information here.

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