Years Later, the Way a Rowland Friend Profited Is Criticized
Some real estate investors charge that Connecticut regulators who approved Robert V Matthews's purchase of New Haven office building from Southern New England Telephone in 1996 discouraged another investor from bidding against Matthews, friend of then Gov John G Rowland; Matthews sold building in 2000 for $27.5 million, 55 times what he paid for it; Ron Nicholes, lead partner in rival investment group, says he was turned away when he tried to accompany two representatives of Department of Public Utility Control on building inspection, official visit that by law must be open to public; investors say executives of utility, now part of SBC Communications, dissuaded them from submitting backup offer on buildining; lawmakers seek to make it harder for insiders to profit when public utilities divest property bought with ratepayer money; photos (L)
