FAIRFIELD COUNTY
BUSINESS JOURNAL March 9, 2015 | VOL. 51, No. 10
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Forgive and forget
Santander changes policy on screening accounts BY LEIF SKODNICK lskodnick@westfairinc.com
Family-owned
BUSINESS AWARDS
Keynote speaker Stew Leonard
➤ See page 12
IT’S SOMETHING APPROXIMATELY 93 PERCENT of American households take for granted — access to retail financial services such as checking and savings accounts as well as borrowing from their local bank. For the 7.7 percent of households listed in a 2014 survey conducted by the Federal Deposit Insurance Corp. as “unbanked,” it is common to rely on alternative financial services such as nonbank check cashing, prepaid debit cards and payday lending, which can have onerous terms and high fees. And when those households do try to open a bank account, negative financial history reports from ChexSystems, a consumer reporting agency, often raise a red flag with financial institu-
tions, forcing the households to remain among the ranks of the unbanked. While the banks use such reports to weed out customers who may pose a financial risk, a red flag raised by a consumer reporting agency can often take years to go away, forcing the potential customer away from mainstream financial institutions. The use of consumer reports to evaluate account applications has come under scrutiny from state regulators and consumer advocates, but in the past year, three major banks — Capital One, CitiBank and most recently, Santander — reached agreements with the office of New York state Attorney General Eric Schneiderman to change how the banks use reports from ChexSystems to screen customers. The attorney general’s Feb. 20 » BANKING, page 4
Lacrosse shoots, scores
NEW FAIRFIELD U. STADIUM SHOWCASES ‘FASTEST SPORT ON TWO FEET’ BY LEIF SKODNICK lskodnick@westfairinc.com TWENTY-ONE YEARS AGO, WHEN GENE DORIS came to Fairfield University to take over as athletic director, the lacrosse team’s facilities were markedly different than they are today. “We still had a fledgling program, playing on a field with boundaries set up on the day of the game, temporary bleachers, no lights and a portable scoreboard,” Doris said.
The program has come a long way from those humble days, and with the opening this spring of Rafferty Field, a new $10 million lacrosse-only facility, Fairfield’s program is an example of the growth of the sport across the country. Named for former Fairfield University trustee Lawrence Rafferty, class of ‘64, his daughter Kathleen Rafferty Hay, class of ‘03 and his son Michael Rafferty, the stadium was designed by CannonDesign of New York City and built by
Gilbane Construction on the site of Alumni Field. Doris said the stadium, which will seat 3,500, features an artificial playing surface, lights, bathrooms, concession stands, a press box and locker rooms. Most important, Doris said, is that it was built entirely with donor funds. “That’s why the dedication will be one of the most significant dedications we’ve had at this university,” Doris told the Business Journal. » LACROSSE, page 4
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Changes to GE health plans leave retirees stunned BY HUGH BAILEY Hearst Connecticut Media
W
orking as a secretary at General Electric in the 1960s, Gail Zorpette would occasionally hear co-workers complaining about their pay. From her perspective, working at GE was about much more than a paycheck. “It’s not just the salary you’re getting paid; you have to add everything else into that figure,” she said, including the feeling that GE was the kind of company that would look out for its workers, now and into the future. “I said, ‘You know, you should look in the newspapers and see what you can get that’s better than GE,’” said the Stratford resident, now 74. “I bought the company line because I thought of myself very much as a GE person.” Today, Zorpette finds herself one of thousands of GE retirees who have seen the company eliminate its supplemental health insurance plans. Instead, GE is offering access to a private exchange of insurance providers and a $1,000 annual reimbursement to cover expenses. According to GE documents and regulatory filings, the changes will save the company hundreds of millions of dollars. “They’re giving us a thousand dollars and washing their hands,” Zorpette said. Beyond the expense and inconvenience of finding a health plan on her own, she said, is the feeling that the company has turned its back on its people. “GE is making out very well by reducing its liability numbers, which is what some of us have become,” she said. “I don’t like to be thought of as a liability. I worked hard when I was there and I enjoyed it. I really was a GE
booster. This is very disappointing.” A GE spokesman responded to a request for comment by pointing to a statement released last year. It reads: “Starting in 2015, GE will provide former salaried retirees with access to a private healthcare exchange, and will help pay for eligible expenses. The change in our program is consistent with trends among large companies. It allows GE to offer greater choice in coverage while striking a balance among our obligations to employees, retirees and shareowners.” GE in January reported operating earnings of $5.6 billion, or 56 cents a share, up 6 percent from the fourth quarter of 2013.
DETAILS
Changes have come in two waves. In September 2012, the company announced that plans would no longer cover retirees who had not turned 65 by Jan. 1, 2015. Last year, the company said it would terminate the plans altogether and give retirees the option of purchasing supplemental coverage through a private exchange. GE has offered counseling to help people enroll and held a series of town hall meetings across the country to explain the changes. Under the previous system, retirees paid up to 10 percent of the monthly cost of insurance. The share the company paid amounted to an average of about $1,500 annually, retirees say. By offering $1,000 yearly, the company will see substantial savings. According to GE’s 2012 annual report, available online, the first round of changes saved the company $832 million in future benefit obligations. After the second round of changes
Gail Zorpette, who worked for GE for almost 30 years, poses at her home in Stratford. Photos by Christian Abraham
2 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Joe Zorpette brings out the health care file for his wife, Gail.
last year, a filing with the federal Securities and Exchange Commission noted that the company’s obligations had been reduced a further $586 million. And the changes aren’t over. To date, the altered benefits have affected current and former salaried employees, totaling about 65,000 people nationwide. Changes for a similar number of hourly workers are likely in the offing; union negotiations are to be held later this year. As noted in its statement, GE is not alone in dramatically changing its retiree health benefits. “We’ve seen a steady effort on the part of large companies to reduce their financial liability for retirees,” said Tricia Neuman, senior vice president at the Kaiser Family Foundation, a nonprofit that studies health care policy. Among companies that employ more than 200 people and offer health insurance to active workers, about 66 percent offered retiree health benefits in 1988. By last year, that number was down to 25 percent, according to Kaiser. For retirees, Medicare remains the primary source for health coverage, but it has its limits and doesn’t cover everything. Neuman said those facts are lost on many people. “Medicare provides basic coverage, but it has relatively high cost sharing, which is what employers were filling in with their health plans,” she said. Medicare does not have a limit on out-of-pocket spending, while
many employer plans do. Changes in national health policy have also made a big difference. “In the past, people before they turned 65 were not eligible, so for the retiree, this was the bridge to getting them to Medicare,” she said. With the passage of the Affordable Care Act in 2010, allowing anyone to buy health insurance on publicly run exchanges, there are more options, which may play a role in companies’ decisions, she said. But while GE is not alone in making changes, it hasn’t come without push-back. A federal lawsuit filed last year claims the company acted illegally when it changed its benefit plans. Dennis Rocheleau, who retired from GE in 2004, splits his time between Fairfield — home of GE’s world headquarters — and Waupaca, Wis., where he filed suit. In December, a judge rejected a request for a preliminary injunction, which would have stopped GE from changing the plans while the suit was in progress, and is now considering a motion from GE to have the suit dismissed. “They’re saying we don’t have a claim,” Rocheleau said. “We believe we do.”
THE SUIT
Rocheleau, who was former chief labor negotiator at corporate headquarters, represented the company for decades as chief spokesman in national negotiations with unions. “I was shocked to find out in 2012 the company was going to reduce benefits,” he said. “I thought it was unconscionable. “I contacted some of the executives I had worked with and suggested we chat about it. They weren’t much captivated by that prospect. I spoke at a number of annual shareholder meetings to try to put out the facts as I saw them and see and if there was room for compromise. In fact, what we saw was an extension of the policy. At that point, I concluded that I had run out of real estate in an effort to talk sense, and filed the lawsuit,” he said. GE’s assurances that people will still be able to find quality health plans does not sit well with him. “The company has asserted that 78 percent of people could buy coverage for less money and be better off,” he said. “Of course you can buy lower-priced insurance, but you’re generally going to get less coverage. A lot of people who never had to make these choices will be forced to make them, and they may not make them properly.” The lawsuit rests in part on the question of whether the health benefits were guaranteed. » » HEALTH, page 5
Frontier announces CEO switch
I
Telecom reacts to net neutrality rules
n the wake of the Federal Communications tered in Stamford, provides broadband ser- ensure that Americans reap the economic, Commission’s newly issued rules enforc- vice to more than 2.3 million customers in social and civic benefits of an Open Internet ing net neutrality, the response from the the U.S., according to the company’s most today and into the future,” the FCC said in a telecommunications industry has been any- recent earnings filing with the Securities and press release announcing the rules. “These new rules are guided by three principles: Exchange Commission. rontier Communications Corp., a thing but neutral. America’s broadband networks must be fast, The new FCC rules, announced on Stamford-based telecommunications fair and open — principles shared by the company, has announced Maggie Feb. 25, are aimed at maintaining an “open overwhelming majority of the nearly 4 milWilderotter will step down as CEO on April 3. Internet,” meaning that all legal Web traffic lion commenters who participated in the Wilderotter will transition to a role as and content must be treated equally by interFCC’s Open Internet proceeding.” executive chairwoman of Frontier’s board net service providers. Frontier Communications, however, sees Among the activities the new rules proof directors and will be replaced by Daniel the new rules as the revival of an antiquated J. McCarthy, Frontier’s president and chief hibit are the blocking of access to legal conregulatory regime that does not belong in the operating officer. McCarthy will serve as tent, applications, services or nonharmful modern marketplace. devices; “throttling,” where providers impair president and CEO following the transition. “We have consistently stated the FCC “I am honored to have the opportunity to or degrade lawful Internet traffic; and “paid should not overlay on the Internet a regulalead Frontier at this exciting moment in our prioritization,” where providers favor some tory framework developed for a monopoly history, and thank Maggie for her guidance lawful Internet traffic over other lawful trafand mentorship,” McCarthy said in a press fic in exchange for payment. The rules also — Kathleen Quinn Abernathy telephone world from the 1930s,” Abernathy said. “This is particularly true when all of the ban ISPs from prioritizing content and serrelease announcing the leadership change. ISPs, such as Frontier, already embrace the McCarthy has served as Frontier’s presi- vices of their affiliates. Chubb - 153043 Ship Info: Fairfield Business Journal Fairfield Business Journal Passed by a 3-to-2 vote of the FCC’s com- core issues of concern to the FCC, such as Kathleen Quinn Publication: Abernathy, Frontier dent and chief operating officer since April 2012 3 Gannett Drive Ste G7 White Plains, NY 10604 IO #: None Move up to Chubb vice president missioners, the new rules reclassify broad- transparency, full disclosure, no fast lanes, and has been with Project: the company since 1990. Communications executive Attn: Patrice Sullivan Issue: March 9 Campaign: March Wilderotter was named chairwoman and of external affairs, told the Business Journal band internet service to fall under Title II non-discrimination obligations and no914.694.3600 f: None Type: Single Creative: 153043_Chubb_MoveUp_FairfieldJrnl_Mar9.v1 which blocking of lawful content.” in an email, “We haveAdnot yet reviewed the of the Federal Communicationst:Act, CEO in 2006. bleed = 10” X 5.625” David Wood The regulatory framework Abernathy we enables the FCC to regulate the industry “The board and AE: I are confident that now full text of the FCC decision, however X 5.625” similarly to the way it regulates other comreferred was put forth after the passage of the= 10” correct is the right time to transition leadership do not believe the FCC adoptedtrim safety = 10” X 5.625” mon carriers. the Communications Act of 1934 was used to responsibilities and that Dan is the right regulatory policy approach by reclassifying “Today, the commission — once and for regulate AT&T’s near-total monopoly on the leader to advance Frontier’s record of suc- broadband internet access service as a Title all — enacts strong, sustainable rules, ground- telephone industry. II service.” cess,” Wilderotter said in the press release. — Leif Skodnick Frontier Communications, headquar-T:10”ed in multiple sources of legal authority, to — Leif Skodnick
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“We do not believe the FCC adopted the correct regulatory policy approach by reclassifying broadband Internet access service as a Title II service.”
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10:01 AM FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March3/2/15 9, 2015 3
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FAIRFIELD COUNTY
Banking — » From page 1
agreement with Santander comes as part of an ongoing investigation by the attorney general’s Civil Rights and Consumer Frauds bureaus into the use of consumer-reporting agencies such as ChexSystems by major American banks. Although Santander will continue screening customers for past fraud, Schneiderman’s office said the bank will largely eliminate its so-called account-abuse screening so that applicants are not rejected for isolated or minor banking errors, such as paid debts or a small overcharge. The changes to Santander’s policies are expected to take effect Sept. 30 and will be implemented at its 703 branches, most of which are in the Northeast. “No one should be denied a bank account because of a bounced check from years ago,” Schneiderman said in a press release announcing Santander’s agreement. “Denials like these force low-income Americans — and New Yorkers in particular — to resort to highcost alternatives to banks, simply because of a small financial misstep in the past.” While Schneiderman’s agreements with
the three large banks help consumers, the situation could create a difficult predicament for the banks, which have to tread a fine line between knowing their customers and being consumer friendly. “Banks are being told to practice ‘KYC’ — know your customer — but they’re also being told to relax,” said Robert J. Chersi, the executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business. “There’s lots of criticism of ChexSystems, but it’s a tool that allows banks to know their clients.” Chersi told the Business Journal that banks have an understandable need to weed out clients who might be engaged in activities such as fraud or money laundering to prevent regulatory sanctions and fines. “It’s an interesting predicament,” Chersi said. “Consumer protection is a big topic, and this is all in the spirit of consumer protection and protecting people from being taken advantage of” by alternative financial services. Capital One, CitiBank and Santander have a combined 613 branches in the state of New York and 50 branches in Connecticut, according to usbanklocations.com, an online directory of bank branches nationwide.
Acting Commissioner Bruce Adams of the Connecticut Department of Banking said his office would decline to comment until after newly appointed Commissioner Jorge Perez takes office Mar. 13. Linda Sherry, who works in the Washington, D.C., office of Consumer Action, a nonprofit consumer financial advocacy group, told the Business Journal that ChexSystems is where banks report problems with accounts, such as when a customer bounces a check or overdraws and never makes good on the check or pays the fees. These problems are kept in a database similar to a credit report, which consumers have a right to see. “Some people have had positive experiences of having an overdraft charge, paying off and having the report removed,” Sherry said. Often, however, less sophisticated consumers can get hit with fees and charges that end up on a ChexSystems report. “In most cases, we encourage people to maintain a relationship with a bank,” Sherry said. “Some accounts, though, can be expensive — they have ‘gotchas,’ fees where if a customer overdraws more than once, they get charged a fee on each one. People who don’t know about these fees are set up for failure.”
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» From page 1
“This project wasn’t bonded or financed in any way and it wouldn’t have been possible but for the generosity of our donors.” Over the past 15 years, the sport of lacrosse has seen a big rise in enrollment, according to a participation survey released by U.S. Lacrosse, the sport’s governing body. In 2003, U.S. Lacrosse recorded 301,560 registered players nationwide. Ten years later, in 2013, that number had risen to 746,859, a nearly 150 percent increase. That growth at the youth level has translated into the college game, with 60 new college programs starting play in 2013 and 39 more last year. “It’s really a sport that’s taken off,” Doris said. “Just look at our roster — we’ve got kids from the West Coast.” Fairfield and other so-called “midmajor” conference schools hope to leverage lacrosse’s rising popularity into heightened attention and bigger revenues for their athletic departments. A unique combination of factors makes it possible for schools like Fairfield, which was ranked 18th in the country last season, to compete big-name schools. “It’s similar to what hockey brings, but at a significantly lower cost,” Doris said. He said that aside from the 12.6 athletic scholarships that the school offers to recruited stu-
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dent athletes, the major costs are uniforms, travel and coaching salaries. The Rafferty Stadium project began as an idea about four years ago, and was soon identified by the trustees as a project that the school wanted to move forward on, Doris said. A facility like Rafferty Stadium should give Fairfield an edge in recruiting players to the school and fans to the program. “Lacrosse has a very unique and passionate fan base,” Doris said, noting that some of the schools trustees are avid fans who attend both high school and college games every week during the season. Ultimately, though, Rafferty Stadium will help build Fairfield’s profile as a school by raising the profile of its lacrosse program. “For schools like us, a mid-major, or Johns Hopkins, which is a Division III school
4 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
that plays up in the Big Ten in lacrosse, to be able to compete against the Ohio States and Michigans is big,” Doris said. “It’s a level playing field we just can’t get in other sports, but in lacrosse, you have schools like ours that can win.”
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Health — » » From page 2
“There’s a fundamental argument about whether these plans were vested,” Rocheleau said. “Your pension is protected by law – if they said you’ll have it, it cannot be diminished after you’re retired. The argument about health care benefits is, are they vested? They can be. What we’re contending is the company’s behavior and traditions and language suggest that people would have these kinds of coverage.” The other issue is one of timing. In July and August of 2012, GE distributed a handbook on retiree benefit plans that included pro-forma language that said GE “expects and intends” to continue offering its plans “indefinitely,” while reserving the right to terminate the programs. That September, the board of directors announced that salaried retirees and spouses who have not reached age 65 before January 2015 will no longer be eligible for the plans. In declining to issue an injunction, District Judge Lynn Adelman cited that issue. “The timing of the issuance of the handbook (July 2012) and the announcement of benefit changes (September 2012) suggest that when it issued the handbook, the defendant did not expect or intend to continue the plans indefinitely.” This led the judge to conclude the retirees suing GE “have a better than negligible chance of prevailing on a breach of fiduciary duty claim.”
may be losing that,” Tucker said. “If you’re just throwing people out in the cold, you’re not going to get any kind of loyalty. People who have great ideas, they may just leave.” The impact goes beyond those directly affected. “Current workers see how retirees are treated, and it has an effect on them, as well,” he said. For longtime GE employees like Zorpette, the sting goes beyond a change in health insurance. “It’s an unfortunate decision as far as retirees go, because we were promised it,” she said. “They tell us to call this number, that they would have this group that would
guide us through the new process. You could choose from six or eight plans, which of course I couldn’t understand. Many people make this decision like a stab in the dark.” She said her experience with the new system has been difficult. “GE assured us at one of the meetings that these people knew exactly what we were getting, and it would be a smooth and seamless transition,” she said. “The person I got the first time I called, it was a terrible experience. I just felt like they had washed their hands of us.” Her opinion of the company has changed dramatically, she said. “There’s a group of us retirees who meet
often, and I think the GE people I worked with have been the best. They’re great people, caring people. Today, it seems like a different company, that they were just looking for something to cut. “I don’t know how a company of that standing could promise something and then just turn around and say, ‘No, here’s your thousand dollars — now be quiet.’” Hearst Connecticut Media includes four daily newspapers: Connecticut Post, Greenwich Time, The Advocate (Stamford) and The News Times (Danbury). See ctpost.com for more from this reporter.
‘UBER-IZATION’ OF THE ECONOMY
Michael Tucker, a professor of finance at Fairfield University who serves on the school’s health care committee, said these types of changes can leave retirees in a difficult position. “It’s similar to what happened with retirement,” he said, referring to a broad shift in recent decades from defined pensions to 401(k)-style plans. “The individual has to figure out where to invest, and people are not very good at it. A similar thing may happen here, where people choose bad plans that don’t work out, and they’re left with very high bills. You’re putting the burden on individuals who are not as sophisticated as HR departments.” He said the decline in benefits could have long-term impacts. “The bond people have with a company is not what it used to be,” he said. “It’s been going on for 20 or 30 years now, and people don’t feel a sense of loyalty because the company is not loyal to them anymore.” He described the push away from benefits and toward a greater use of contract and temporary workers as the “Uber-ization” of the economy. Uber, a ride-hailing service, relies on independent drivers who are not directly employed by the company. “You need people working together. Companies need that kind of glue, and they
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015
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Crowds relish Taste of Stamford
Christopher Steele, executive chef, Stamford Marriott Hotel & Spa.
Jack Condlin, president and CEO, Stamford Chamber of Commerce, with a glass of homemade lemonade from Westport’s The Inn at Longshore.
DJ Paul Lacano, creative director at Stamford-based James Daniel Music, Entertainment, Audio-Visual and Event Lighting.
T
he Stamford Chamber of Commerce hosted its 22nd Taste of Stamford event Feb. 26 at the Stamford Marriott Hotel & Spa, drawing a crowd of about 800. The event has been a hit for two decades. “It has a life of its own,” said Jack Condlin, president and CEO of the chamber. “It was about two years into the event — 20 years ago — when it just took off and it has continued to be very successful.” The reason, Condlin said: “People come for the food — that’s the big reason. I hear it in the summer when I meet people. They say, ‘You’re the group that does the tasting in the winter.’ And they want to know all about it. It’s a wonderful night.” Sponsors included BevMax: The Wine & Liquor Superstore, the main sponsor, and supporting sponsors the Fairfield County Business Journal, Nestle Waters, The Advocate, 95.9 The fox, The Stamford Times and Star 99.9. — Photos by Bill Fallon
Brittany Catore, a brand ambassador for Formula Street, a national brand activation and marketing company.
Ashley Pastor; Gregory Pastor, vice president, United Bank; Kathryn Eren, vice president, United Bank; Maureen HanleyBellitto, senior vice president, United Bank and recent addition to the Stamford Chamber of Commerce board; Kim Karl, vice president, United Bank; and Lisa Stuard, assistant vice president, United Bank.
From left, Kathy Donnery, inside sales, CS Unitec Inc, Norwalk; Lisa Cash, account executive, event co-sponsor Westfair Communications; and Patti Delaney, practice manager for the Stamford and New Canaan offices of New England Pediatrics LLP.
From left, Stamford-based DiMare Pastry Shop’s Christina Carroll, owner Sabrina DiMare and Patty Truglia. The familyowned business was founded in 1976.
The Inn at Longshore’s Christine Hussey, director or sales, and Eddie Ceja, banquet manager.
6 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015
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BY NORMAN G. GRILL
T
Why business owners should value valuations
here are good reasons to do an appraisal of your business regularly or, at least, to familiarize yourself with the process so you’re ready when the time comes. Much of the hesitancy surrounding valuations has to do with uncertainty. Many business owners just don’t know what to expect. To simplify matters, let’s look at three basic pillars of the appraisal process: • Purpose. There’s no such thing as an all-purpose valuation. Each one needs to have a specific focus. This could be as clearcut as an impending sale. Or perhaps an owner is divorcing his spouse and needs to determine the value of the business interest that’s includable in the marital estate. In this context, goodwill (the intangible asset arising from factors such as the owner’s recognizable name or customer loyalty to the company’s product line) may require special treatment, depending on relevant laws and precedent in your venue. In other cases, an appraisal may be driven by strategic planning. Have I grown the business enough to cash out now? Or how much further could we grow based on
our current estimated value? The valuation’s purpose strongly affects how an appraiser will proceed. • Standard of value. Generally, business valuations are based on “fair-market value” – the price at which property would change hands in a hypothetical transaction involving informed buyers and sellers not under duress to buy or sell. But some assignments call for a different standard of value. For example, say you’re contemplating selling to a competitor. In this case, you might be best off getting an appraisal for the “strategic value” of your company — that is, the value to a particular investor, including buyer-specific synergies. • Basis of value. Private business interests typically are designated as either “controlling” or “minority” (nonmarketable). In other words, do you truly control your company or are you a noncontrolling owner? Defining the appropriate basis of value isn’t always straightforward. Suppose a business is split equally between two partners. While each owner has some control, stalemates could impair decision-making. On the
other hand, a 2 percent owner might possess some elements of control if the remaining shares are divvied up equally between two 49 percent owners. An appraiser will need to definitively establish basis of value when selecting valuation methodolo�y and applying valuation discounts. A prospective ownership transfer is indeed a common purpose for a valuation. Yet strategic investments (such as a new product or service line) can also greatly benefit from an accurate appraisal. As growth opportunities arise, business owners have only limited resources to pursue chosen strategies. A valuation can help plot the most likely route to success. Why not simply rely on our tried-andtrue projected financial statements for strategic planning? One reason is that projections ignore the time value of money because, by definition, they describe what’s going to happen given a set of circumstances. Thus, it can be difficult to compare detailed projections against other investments under consideration. Valuators, however, convert your financial statement projections into cash flow
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projections and then incorporate the time value of money into your decision-making. For instance, in a net present value, or NPV, analysis, an appraiser projects each alternative investment’s expected cash flows. Then he or she discounts each period’s projected cash flow to its present value, using a discount rate proportionate to its risk. If the sum of these present values — the NPV — is greater than zero, the investment is likely worthwhile. When comparing alternatives, a higher NPV is generally better. Often, we all find it difficult to be objective about the things we hold close. There are few better examples of this than business owners and their companies. But a valuation can provide you with an unbiased, up-todate perspective on your business that can help you make better decisions about its future. Norm Grill (N.Grill@GRILL1.com) is managing partner of Grill & Partners LLC, certi�ied public accountants and advisers to closely held companies and high-net-worth individuals, with of�ices in Fair�ield and Darien, 203-254-3880.
I am living a new chapter in my LifeStory “I really care about other people, so I became a nurse as soon as I raised my family. At St. Francis I served as a cardiac, and then, oncology nurse. After I retired, I volunteered in the gift shop because I just couldn’t stay away from the place. My two wonderful sons and my grandchildren visit me all the time and think The Bristal is just about the best place in the whole world. And the staff! Well I couldn’t say enough about how well they treat us.” For more about Ethel, tune in at thebristal.com/truelifestories
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8 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Strengthening Businesses. Strengthening Communities.
Connecticut Legislative Leaders to Address Fairfield County Businesses March 19 At the start of this legislative session, Governor Malloy has proposed a two-year $40 billion budget plan with $900m in new revenue and $1.5b in spending cuts. Over the next few months, how will the legislative leadership and the Governor work to continue righting Connecticut’s economy and strengthening its competitiveness? Join us on March 19 to hear – and ask – how – or if – common ground can be found. Joe McGee, The Business Council’s VP Public Policy will moderate a panel that offers no speeches, and plenty of time for Q & A.
Grow your leader. Leadership Fairfield County 2015 starts April 23
March 19, 2015 Registration: 7:45am Breakfast Program: 8:00 – 9:30am Cost: $35 members; $45 non-members BLT Financial Centre Community Center
Speaker of the House Brendan Sharkey
Senate President Martin Looney
Leadership Fairfield County is a professional development program that offers exposure to the region’s most important issues, presented by an exceptional faculty of business, government, non-profit and educational leaders. Its class consists of accomplished, high performing peers selected from 20 different companies and organizations. With an intense focus on the participant’s personal network development, the program also provides facilitated roundtable dialogues over in-session lunches and features C-suite executives from Fortune 1000 companies as guests in several private luncheon roundtables throughout the program year. All sessions will include consideration of the mega-trends of
House Minority Leader Themis Klarides
Senate Minority Leader Len Fasano
Get the latest on Fairfield County’s economy from the Fed
Managing Cancer in the Workplace There are few statistics as eye-opening as these: • At least 1 in 3 adults in the U.S. will develop cancer in his or her lifetime. • Over 14 million cancer survivors live in the U.S. today and over 40% of them are working age. • There will be more than 18 million cancer survivors by the year 2020. • 63.5% of cancer survivors continue to work or return to work during and after their cancer treatment. To aid workforce members living with cancer and navigating these trends, Pitney Bowes Inc. has launched a pilot program with Johns Hopkins Medicine called Managing Cancer at Work. Mary Bradley, Director of Health Care Planning for Pitney Bowes, will describe Managing Cancer at Work’s impact as a
globalization, demographics and technology. Get access to the over 300 executives who have participated in Leadership Fairfield County in the past two decades, make connections with the region’s decision makers and involve yourself in the issues impacting the region.
March 26, 2015
Time: 7:45 – 9:15am Location: JMW Consultants Landmark Square, Stamford Registration: $20
cancer prevention and detection benefits program. She will also provide insight on the program’s outcomes, which include increased employee education, more supportive and flexible work environments, and preparation for supervisors and managers on how to communicate and work with diagnosed employees.
Joseph Tracy, Executive Vice President and Special Advisor to the President of The Federal Reserve Bank of New York presented on the outlook for the national and Fairfield County economies in February. The event was sponsored by Deloitte. The growth rate in the U.S. has averaged 2.4% for the past five years. Tracy commented that while many have characterized this recovery as ‘disappointing’ the growth rate is just under the 2.5% growth rate experienced from 2000-2005. However the Gross State Product for Connecticut reflected a different picture than that of the U.S., citing a need for consumption growth. Missed it? You can read and view the presentation online at www.businessfairfield.com.
(from l to r) Commissioner Catherine Smith, CT Department of Economic and Community Development; Presenter Joseph Tracy, Executive Vice President and Special Advisor to the President, The Federal Reserve Bank of New York; Rey Giallongo, Chairman of the Board and CEO, First County Bank and Board Chair, Business Council of Fairfield County; Dave Buck, Managing Partner, Connecticut Consulting Practice, Deloitte and Event Sponsor
More information on all these events can be found at www.businessfairfield.com or by calling 203-359-3220. Follow us!
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015
9
NEWS IN BRIEF BANKWELL FINDS CEO REPLACEMENT Bankwell Financial Group has named Christopher Gruseke president and CEO of the company as well as CEO of its Bankwell bank subsidiary. Gruseke was an initial investor and director of Bankwell Financial Group’s predecessors, BNC Financial Group Inc. and The Bank of New Canaan, and re-joined Bankwell Financial Group in January as chief strategic officer. Gruseke takes over the top job after an extensive search for a replace-
ment for Peyton Patterson, who resigned in August after the Hartford Business Journal reported she was being sued for hundreds of thousands of dollars in unpaid debts to credit card companies, country clubs and contractors. “Following an extensive CEO search, the board has determined that Chris is uniquely qualified to meet the challenges and opportunities of this important role,” said Blake S. Drexler, chairman of the board of Bankwell Financial Group, in a press release. “His broad-based skills, local knowledge, leader-
ship and strategic vision will be invaluable as we move forward with the next phase of our growth.” As part of the leadership change, Drexler will vacate his role as executive chairman but will remain chairman of the board of directors of Bankwell Financial Group.
NORDSTROM TO ANCHOR PLANNED MALL
Seattle-based retailer Nordstrom Inc. plans to open a 150,000-square-foot store in the Norwalk regional shopping center proposed by General Growth Properties. The three-story store is scheduled to open in 2018 as part of the retail complex set to be developed on a long-vacant, 9-acre site at the junction of West Avenue, Route 7 and Interstate 95. The estimated cost of the shopping center project is $285 million. “We’re glad we have an opportunity to serve our existing Fairfield County customers closer to home as well as customers new to Nordstrom in a compelling, new retail destination,” said Jamie Nordstrom, president of stores for Nordstrom Inc., in a press release. Nordstrom has one other full-service store in Connecticut, at Westfarms in Farmington. Nordstrom, which operates 116 department stores in 38 states, along with 167 Nordstrom Rack locations, would be the anchor tenant in the proposed 975,000-square-foot complex that would have retail, office and hotel space. “Our goal is to provide a unique shopping destination that serves as a gath-
ering place for great retail, dining and entertainment,” said Sandeep Mathrani, CEO of Chicago-based General Growth Properties, in the press release. “Securing Nordstrom as an anchor shows General Growth Properties’ strate�y to bring highquality stores to this exciting new development that will complement existing merchants in South Norwalk and attract new customers.”
MAN GETS 3 YEARS FOR FRAUD SCHEME
A Stamford man was sentenced to three years in federal prison for his role in a mortgage fraud scheme involving more than 20 Fairfield County properties. Asm Afsary, 42, was sentenced on Feb. 26 by Chief U.S. District Judge Janet C. Hall in New Haven to 36 months of imprisonment, followed by five years of supervised release. He pleaded guilty to one count of conspiracy to commit wire fraud and bank fraud on June 16. In a plea agreement reached between Afsary and the U.S. attorney’s office, he admitted to using straw purchasers to obtain mortgage loans for properties in which the straw purchaser had no actual financial investment or stake in the loans, causing between $7 million and $20 million in losses to the mortgage lenders. In addition to the prison term and supervised release, Afsary also will pay about $3.3 million in restitution and will forfeit any interest he holds in 10 properties in Fairfield County. — Leif Skodnick
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10 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
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Utilize marketing to get your wow factor Our product has a wow factor when it’s in your hand. That wow factor doesn’t come across online. In fact, our product looks pretty boring when sitting in a display. We fear that online, the product doesn’t get the attention it deserves. What can we do? THOUGHTS OF THE DAY: Marketing is all about creating excitement and drawing people in. Think about who buys your product and why. Testimonials in the online environment can be very dramatic and engaging. Make a splash and get the Internet to do your work for you. Whether online, in print or at trade shows, it’s the exciting, interesting and unusual that catches people’s attention. Look to be thoughtprovoking, creative, even thrilling. Arouse your audience to get them to take action. Give them a challenge they can’t ignore. Whatever challenge you put together, make sure it’s audience-appropriate. Knowing who buys your product — and why they buy — will help narrow the field of possibilities. Do some investigative work if you’re not sure. Ask current customers what they like about your product, where they bought it and how they came to decide it was time to buy. Hang out where your customers hang out. When they pick your product up to look at it or walk to the register to make a purchase, ask them for a minute of their time. Engage in a dialogue to find out what motivated them. Ask: What caught their attention? Did they plan to buy something? Or did they make a spur-of-the-moment impulse buy? Is the purchase for them or for someone else? Treat these new customers
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like the friends they are — now part of your world because they bought your product — and get to know a little bit more about what moved them to action. Once you know what interests your customers, use marketing to put it out there in pictures. Try posting videos to YouTube. Take pictures of your product being used. These pictures can bring your product to life, make it jump off the page and into your customers’ hands. Did you find out that customers look up to stars, but you can’t afford a star to promote the product? No problem. Affiliate by dressing and acting the way the star dresses and acts, putting your product out in the environment in which the star usually is seen. Do something relevant and at the same time unusual in order to grab people’s attention. Brainstorm all the ways your product gets used and then put something odd or unconventional into the picture — not enough to take over, just enough to make people think, “Well, I haven’t seen that before.” To get someone’s conscious attention you have to interrupt their thoughts. To keep them looking you have to engage their emotional side. Arouse feelings — passion, excitement, thrills, quivers, even shock can work for you — as long as it doesn’t turn your audience away. Get the media to do your work for you. Get a buzz going about what you’re doing with your product. Whether in print or online, it’s all about getting others to talk about your stuff. Start by getting the attention of people who talk to people — the influencers. Electrify them, then watch as they help you spread the word. There’s tons of advice posted on the Internet discussing how to “go viral.” Do some reading. One of the better posts I saw said start with a marketing plan — so that you’re working with intention. Good idea! Stay true to your ideal audience, your
Morgan Stanley to pay $2.6B settlement
organ Stanley, the global financial services firm with a major office complex in Purchase, will pay $2.6 billion to the Department of Justice in a settlement of charges related to the 2008 financial crisis. A Securities and Exchange Commission filing Feb. 25 revealed that Morgan Stanley had reached an agreement in principle to pay $2.6 billion to resolve claims the Justice Department’s civil division intended to bring against the firm for its dealings
in mortgage-backed securities. The agreement forced Morgan Stanley to significantly revise its earnings for 2014. The settlement agreement came just two weeks after Connecticut and 17 other states announced a $1.375 billion settlement with ratings agency Standard and Poor’s to resolve allegations that it published misleading ratings of certain mortgage-backed securities in the years leading up to the financial crisis. — Leif Skodnick
customers, by making sure that when they see your marketing piece it resonates with them. Be willing to try, fail and try again at grabbing attention. Make sure that anyone who does see your marketing pieces can also figure out quickly how to get in touch with you. Don’t be shy about prominently including your contact information. LOOKING FOR A GOOD BOOK? Try “No B.S. Direct Marketing: The Ultimate No Holds Barred Kick Butt Take No Prisoners
Direct Marketing for Non-Direct Marketing Businesses” by Dan S. Kennedy Andi Gray is president of Strate�y Leaders Inc., strate�yleaders.com, a business-consulting �irm that specializes in helping entrepreneurial �irms grow. She can be reached by phone at 877-238-3535. Do you have a question for Andi? Send it via email to AskAndi@ strate�yleaders.com. Visit AskAndi.com for an entire library of Ask Andi articles.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 11
IT’S ALL RELATIVE Westfair honors 20 family-owned businesses
BUSINESS AWARDS Anthony Davidson
12 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Winners
FAMILY-OWNED BUSINESS AWARDS
Michael Diamond, Affineco.
George Williams and Paul Viggiano, A.G. Williams Painting Company.
Jess Weiner, Michael Weiner, Kymberly Weiner and Jonas Weiner, Best Plumbing Tile & Stone.
Jeff Eakley, Maria Bilotta, Regina Bilotta and Jim Bilotta, Bilotta Kitchens.
Paul Bonomo Jr. and Paul Bonomo Sr., Cannondale Generators Inc.
Jeff and Mickey Alexander, Commerce Packaging.
BY DANIELLE BRODY dbrody@westfairinc.com
B
alanced on faux cowhide-covered crutches, Stew Leonard Jr., the president and CEO of the family-named grocery store chain, said family businesses are “close to our heart.” “We really put family business up on a pedestal and really love working with them,” he said. Leonard was the keynote speaker at the annual Westfair Communications FamilyOwned Business Awards on Feb. 26. The event held at 1133 Westchester Ave. in White Plains did just that, honoring 20 businesses from Westchester and Fairfield counties. More than 230 attendees networked then watched as co-workers, family members, friends and neighbors accepted their awards.
Leonard is the third generation to work at the store, which started as a milk production and delivery business in the 1920s.The family now has more than 2,000 employees in locations in Connecticut and New York state and has been named one of Fortune magazine’s best 100 places to work. Even so, the Leonard family has established a rule that the next generation has to work elsewhere for three years before joining the business. Leonard said his brother Tom is responsible for that rule because as a kid, he left his job at the store for spring break without permission from his manager. When he returned, his father, who was also his boss, had to fire him and then console him. Joe McCoy, region manager and senior vice president of People’s United Bank, the platinum sponsor of the event, said he loves to hear stories about how businesses got
their start and where they want to go. “That’s really what gets me up in the morning and really drives my passion for what I do, listening to you guys and really hearing the passion in your voices for your businesses is really remarkable,” McCoy said. Other event sponsors included gold sponsor Entergy, silver sponsor Frontier Communications, and bronze sponsors Buzz Creators, Citrin Cooperman and Sikorsky. Additional sponsors were Dessertist, Val’s Putnam Wines & Liquors and Barksdale Home Care Services Corp. A panel of industry leaders also contributed to the event, choosing the winners out of the 60 nominees. The judges each spoke about the importance of family-owned businesses before introducing the honorees. Pete Gioia, vice president and economist, Connecticut Business & Industry Association, a partner in the event, said it was difficult to
narrow down the list of nominees. “All of the respondents were terrific, all winners in their own right,” Gioia said. Donald Janezic, executive vice president and treasurer of Bigelow Tea, has worked at a family-owned business for 28 years. He said he has seen firsthand the caring nature of family businesses. “I really honor you family-business owners for what you do for your employees, for your customers, for your business partners and hopefully for the community,” Janezic said. Eon Nichols, partner, Cuddy & Feder LLP, said the awards were “well-deserved.” “Poring over the materials submitted, you can really see the heart and soul of the companies and the great community services that you guys do,” Nichols said. Joseph Armentano, CEO of Paraco Gas Corp. spoke about his connection to the
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 13
Winners
FAMILY-OWNED BUSINESS AWARDS
Marianne Curto-Giannettino and Jonathan Giannettino, Curto’s Appliances.
John DeCicco Jr., Joe DeCicco Jr. and Chris DeCicco, DeCicco & Sons.
Ryan and Kevin O’Connor, Enhance A Colour Corp.
Scott Hobbs and Michael Hobbs, Hobbs Inc.
Debi Stein Fishman and Dr. Ross Fishman, Innovative Health Systems.
Valerie Levitt, Jason Schiciano and Ondrea Levitt Schiciano, Levitt-Fuirst Associates.
people in the room. His father, who started his own family businesses from his garage in 1968, played golf with Jim Bilotta, the founder of winner Bilotta Kitchens. Armentano has used People’s United Bank since 1999 and hired George Williams of A.G. Williams Painting Co., another winner, to paint his house about 25 years ago. “The check is in the mail,” Armentano joked. “I guess if you’re in business long enough you get to know people.” Anthony Davidson, dean of the Manhattanville School of Business, said family-owned businesses have a huge contribution to society and great impact on their communities. Along with the other judges, he said making a decision was difficult because of the “passionate submissions.” The professor and entrepreneur posed the question to all the businesses accepting awards: “What is the single most important
factor that propelled your business to where it is today?”
MICHAEL DIAMOND OF AFFINECO said his father, who founded the Bridgeport-based maintenance and cleaning company in 1966, would drive him around in the car until a problem was solved. His father’s lessons made the business what it is today, Diamond said. “At a young age that’s how we learned persistence and commitment to wanting to propel the family.”
GEORGE WILLIAMS OF A.G. WILLIAMS PAINTING CO. said his grandfather, a Greek immigrant who started the Pelham company in 1906, had a motto he and his staff still use today: “Work hard and play by the rules, and you’re gonna succeed.” Williams said maintaining his grandfather’s attitude has contributed to the company’s success.
14 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
“I could stand here and tell you it’s about me, it’s about our team, it’s about the work we do, it’s about our customers, and that’s all true, but it’s really about my grandfather. He instilled in our family a culture, a culture of honesty, a culture of accountability, integrity and reliability. And that culture has been handed down through our family, through our employees to this day.”
KYMBERLY WEINER OF BEST PLUMBING TILE & STONE attributed her family and employees to the Scarsdale company’s success and ability to be independent. “In our industry, a lot of family-owned businesses are being bought up by larger corporations and we remain independent and plan to continue to remain independent,” Weiner said. “The major factor is the support of management and our employees. They understand that our value is best
realized if we remain independent and family owned.”
JIM BILOTTA OF BILOTTA KITCHENS said the Mamaroneck company has succeeded because the staff has built trust with their clients within its 50 years. “While my father years ago used the handshake to sign the deal, today the contracts our clients sign are still based on that trust. It’s still trust, it’s still back to the basics.” PAUL BONOMO JR. OF CANNONDALE GENERATORS INC. in Wilton said persistence, hard work and sacrifice have gotten him through the hard times. “I’m going to paraphrase President Calvin Coolidge, who said that persistence alone is the most important factor, it’s not genius or talent or education; only persistence and determination.”
Winners
FAMILY-OWNED BUSINESS AWARDS
Frank Cortese Jr. and Gary Lisiewski, New England Total Energy.
Laura Rey Iannarelli, Ava Iannarelli and Linda Rey, Rey Insurance.
Paul Scalzo, Andrea Scalzo and Peter Scalzo Jr., Scalzo Companies
Stewart Strauss, Strauss Paper Company.
John Fahey and Tom Fahey, T.F. Andrew Carpet One Floor & Home.
Ramona Wade, Ryan Wade, Yasu Huang, Lindsey Warner, Bernie Wade and Douglas Wade Wade’s Dairy.
JEFF ALEXANDER OF COMMERCE PACKAGING
JOHN DECICCO JR. OF DECICCO & SONS chain
SCOTT HOBBS OF HOBBS INC. said having the
said its success is twofold. The Alexanders, who work at the third-generation Norwalk company, have learned to keep family and business separate, and benefit from “brutal honesty.” On the business side, the Alexanders value customer service. “We know that a lot of people can offer what we do, but we’ve done everything we can for them.”
of supermarkets said his and his cousins’ fathers’ guidance when they were growing up in the business is helping them succeed today. John recalled that when he ordered too much beer for the store as a teenager, his father let him learn from his own mistake. “One thing that I think is really propelling our business for us now more than ever before is the foundation that our fathers have laid for us in helping train us to build a business.”
family name attached to his New Canaanbased building services company makes the business that much more personal. While that honors their tradition, he said the staff constantly prepare for what’s ahead. “We’ve always adapted, looking out for the long term. How do we make customers customers for life? How do we actively train and retain the best employees and how do we make sure we give back to the communities so they’re there for us?”
KEVIN O’CONNOR OF ENHANCE A COLOUR CORP. said his family’s digital design busi-
DR. ROSS FISHMAN OF INNOVATIVE HEALTH SYSTEMS, a substance-use disorder clinic in
ness in Danbury continues to grow because of his staff. “The one thing that has helped propel us has been teams. I think anybody that’s sitting here would say yes we are family businesses, but its people that work with you, its teammates that make you as successful as you are.”
White Plains, said while unfortunate, the increase in substance use over the last 30 years has propelled the business. He said he, his wife, daughter and staff have responded by modifying and upgrading their treatment strategies. “This and the personal recommenda-
MARIANNE CURTO-GIANNETTINO OF CURTO’S APPLIANCES thanked her husband for his involvement for more than 60 years, and her son, Jonathan Giannettino for taking the Yonkers business to the next level. “We’ve used the Internet tremendously in the past 10 or 12 years to grow the business,” said Giannettino, standing alongside his mother. “The Internet is certainly a tool, it’s a spoke, it’s not the hub. The hub is trust, compassion and integrity we have for our customers.”
tions of the thousands of patients that we have served over the years have provided a continuous flow of individuals to our facility ranging from executives all the way down to the homeless. Our hallmark of our longevity has been the ability to provide individualized personal attention and to maintain our patient’s confidentiality.”
JASON SCHICIANO OF LEVITT-FUIRST ASSOCIATES LTD. said the strong relationship between the two families who own the independent insurance company in Yonkers has helped them maintain a reputable business externally and internally. “It’s that respect and trust that allow us to have respect and trust for our employees, for our clients, for our business partners. Secondly, it’s treating our employees like our family.”
GARY LISIEWSKI OF NEW ENGLAND TOTAL
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 15
FAMILY-OWNED BUSINESS AWARDS
Judges
Joseph Armentano, Paraco Gas Corp.
Eon Nichols, Cuddy & Feder, LLP.
Donald Janezic, Bigelow Tea.
Peter Gioia, CBIA.
ENERGY said the family’s vision that they wanted to “own the whole home,” inspired them to add services like heating oil, propane, natural gas and more. Besides the heating services, the Greenwich company also focuses on its customer service. “We had to reinvent ourselves so we can continually grow the business and we have a great staff of people that work for us. A lot of customers continually trust and value our service.”
accomplished and proud of what my father established.”
LINDA REY OF REY INSURANCE bought the Sleepy Hollow business from her father in 2013 with her sister. As the co-owners, she said they continue to use the lessons he instilled in them. “I think the most important thing for us is that our father taught us to be resourceful and figure it out, and so we’ve been figuring out now for almost 20 years between the two of us. We really are proud of what we’ve
PAUL SCALZO OF SCALZO COS. said his grandfather, who began the family real estate venture with an appliance store, realized his sons were not cut out for the appliance business. He allowed his sons to put their strengths and passions toward the company, which has led to a business that encompasses a variety of industries and many family members. “What we think propelled our company is that our dad had the wisdom to diversify. It’s the diversification that really has created a lot of synergies between the companies. What that’ll do is really aggressively get our consumer base calling from one company to the other.”
STEWART STRAUSS OF STRAUSS PAPER CO. said the janitorial and cleaning supplies dis-
16 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Sponsors
Joseph McCoy, People’s United Bank.
tribution company in Port Chester started by his German immigrant parents is “truly the American dream.” Today there are more than 80 employees, who Strauss said are integral in their success. “Our business is all about our people, making sure we get the best people that can work well with the culture at Strauss.”
JOHN FAHEY OF T.F. ANDREW CARPET ONE FLOOR & HOME said he and his siblings used to sit around the dining room table helping their father, the founder of the Elmsford company, stuff envelopes to put in mailboxes throughout Westchester County. His family continues to take their father’s values to heart. “I think the greatest thing that has helped us as a company is simple — hard work and treating people right. My dad taught us at an early age to be hard workers. We were a team back then and we still are
Jerry Nappi, Entergy.
now, and it’s been very successful.”
DOUGLAS WADE OF WADE’S DAIRY in Bridgeport brought the whole “Wade Brigade” on stage to accept his award. He said his parents instilled in him strong family values. “Our people are very important to us and it translates to great customer service when everyone is engaged and everyone is working together. I’m very proud of my family and everything we have accomplished.” After accepting his own award, he presented Stew Leonard Jr. with a 1965 milk bottle of his personal collection from Conover Farms, which Leonard’s father owned and operated. Trying not to drop his crutches or microphone, Leonard accepted with a smile. Two winners, Craig’s Fine Jewelry of Ridgefield and Triax of Norwalk, were unable to attend.
Real Estate ADVERTORIAL RESOURCE GUIDE MARCH 9, 2015
FAIRFIELD COUNTY BUSINESS JOURNAL
HV BIZ
WESTCHESTER COUNTY BUSINESS JOURNAL
REAL ESTATE
BUILDING OWNERS
THE ASHFORTH CO.
GEORGE COMFORT & SONS INC.
707 Summer St., Stamford, Conn. 06901 Phone: 203-359-8500 Website: ashforth.com Major properties in the region: Nyala Farms Corporate Center, Westport; Greenwich Plaza, Greenwich; 3001 Stamford Square, Stamford; Harbor Square, Stamford; The Mill, Greenwich; 1000 Bridgeport Ave., Shelton; 1111 and 1177 Summer St., Stamford; 2777 Summer St., Stamford; 100 Mill Plain Road, Danbury; 707 Summer St., Stamford; 8 Sound Shore Drive, Greenwich; 1290 E. Main St., Stamford; 274 Riverside Ave., Westport; 20 Horseneck Lane, Greenwich; 500 Post Road East, Westport; and 100 Field Point Road, Greenwich. Services: property management, financial management and reporting and construction management Year established: 1986
200 Madison Ave., New York, N.Y. 10016 Phone: 212-481-1122 Website: gcomfort.com Major properties in the region: Worldwide Plaza, New York; 200 Madison Ave., New York; 498 Seventh Ave., New York; 63 Madison Ave., New York; 2 Wall St., New York; 307 W. 38th St., New York; The Coach Building, New York; 37 W. 57th St., New York; 158 W. 27th St., New York; The Centre at Purchase, Purchase; High Ridge Park, Stamford, Conn.; and Shippan Landing, Stamford, Conn. Services: landlord agency, property management, construction management, tenant loyalty, acquisitions, corporate services, tenant representation and sustainability Year established: 1919
MACK-CALI REALTY CORP.
BENCHMARK PROPERTY GROUP
Cross Westchester Executive Park 100 Clearbrook Road, Elmsford, N.Y. 10523 Phone: 914-592-4800 Website: mack-cali.com Major properties in the region: Soundview Plaza, Stamford; and Stamford Executive Park, Stamford. Services: commercial and residential real estate services, architecture, construction, leasing, legal, property management, space planning Year established: 1949
3 Barker Ave., White Plains, N.Y. 10601 Phone: 914-948-1018 Website: benchmarkpg.com Major properties in the region: 1325 Ave. of the Americas, New York; 135 E. 57th St., New York; 587 Main St., New Rochelle; Bridge Pointe, Newburgh; Graybar Building, New York; Plum Court, Poughquag; Sleight Farms, LaGrange; South Washington Ave., Tarrytown; The Enclave at Beacon, Beacon; The Estate of Briarcliff, Monroe; The Legends at Beekman Country Club, Beekman; Time & Life Building, Avenue of the Americas, New York and Victoria Estates, Poughquag. Services: property acquisition, entitlements, development, construction, leasing and sales and advisory services Year established: 2007
MARCUS PARTNERS INC.
301 Merritt 7, Norwalk, Conn. 06851 Phone: 203-762-7200 Website: marcuspartners.com Major properties in the region: 8 and 10 Wright St., Westport; 40 Cross St., Norwalk; 6 Armstrong Road, Shelton; West Ave. Medical Office, Norwalk; 40-60 Danbury Road, Wilton; 50 and 64 Danbury Road, Wilton; 15 Old Danbury Road, Wilton; 1000 Bridgeport Ave., Shelton; Reservoir Corporate Center, Shelton; 200 Connecticut Ave., Norwalk; and 187 Danbury Road, Wilton. Services: asset management, development and property management Year established: 1992
THE DAVIS COMPANIES
200 Connecticut Ave., Norwalk, Conn. 06854 Phone: 203-866-1220 Website: thedaviscompanies.com Major properties in the region: 40, 50, 60, 64 and 187 Danbury Road, Wilton; 200 Connecticut Ave., Norwalk; 40 Richards Ave., Norwalk; 15 Old Danbury Road, Wilton; Reservoir Corporate Center, Shelton; 35 Nutmeg Drive, Trumbull; 1000 Bridgeport Ave., Shelton; and 2150 Post Road, Fairfield. Services: real estate investment, development and management Year founded: 1976
MATRIX CORPORATE CENTER
39 Old Ridgebury Road, Danbury, Conn. 06810 Phone: 203-312-1596 Website: matrixcorpcenter.com Major properties in the region: Matrix Corporate Center, Danbury Services: full-service and carry-out dining; banquet and catering service; conference facility with audiovisual and teleconferencing; fitness center with outdoor jogging/walking trail; Perks CafĂŠ featuring Starbucks coffee; recreation room; sundry shop; salon/barbershop; dry cleaners with pickup and delivery services; ATM machine; credit union servicing building tenants; and 2,640 parking space in covered garage parking Year established: 2009
DIAMOND PROPERTIES LLC
333 N. Bedford Road, Suite 145, Mount Kisco, N.Y. 10549 Phone: 914-773-6249 Website: diamondproperties.com Major properties in the region: 333 N. Bedford Road, Mount Kisco; 75 Virginia Road, North White Plains; 115 Wall St., Valhalla; 100 S. Bedford Road, Mount Kisco; 2 Church St., Ossining; 175 Tompkins Ave., Pleasantville; 141 Tompkins Ave., Pleasantville; 42 Memorial Plaza, Pleasantville: 828 S. Broadway, Tarrytown; 50 Broadway, Hawthorne; 1 Tuckahoe Ave., Eastchester, 1351 Washington Blvd., Stamford, Conn.; Services: construction, leasing and property management Year established: 1993
REAL ESTATE
QUANTUM PROPERTY MANAGEMENT
33 W. Main St, Elmsford, N.Y. 10523 Phone: 914-592-1100 Services: full-service property management, back-office accounting and capital improvements Year established: 1990
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AN ADVERTORIAL RESOURCE GUIDE | MAR. 9, 2015
MOVE IN READY 10TH FLOOR FULLY-FURNISHED HIGH-END PRE-BUILT OFFICE 2,227 SF Rare Opportunity to Join a Prestigious Tenant Roster at This Class-A Address in the Heart of White Plains • Full service cafeteria and executive dining
• Executive board room
• Concierge services • State-of-the-art fitness center (with on-site trainer) • 140-person auditorium
• Walking distance to the White Plains transportation hub with optional shuttle service available • Enclosed covered parking within the building
FINISHES AND FEATURES: • Furnished private offices OFFICE
OFFICE
EXECUTIVE OFFICE
• Full glass walls and doors on conference room and private offices • Polished granite flooring in the reception area and pantry • Quartz countertops
BULLPEN
• Glass tile back splash • Under counter stainless steel refrigerator and microwave PANTRY
RECEPTION
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• Upgraded high efficiency lighting throughout the space
IT/ STORAGE CONFERENCE
For more leasing information please call:
Clark Briffel, Vice President, Leasing 914.872.4729 clark.briffel@slgreen.com
REAL ESTATE
RECKSON.COM
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
BUILDING OWNERS / COMMERCIAL DEVELOPERS COMMERCIAL DEVELOPERS
R.J. ROSE REALTY LLC
500 Nepperhan Ave., Yonkers, N.Y. 10701 Phone: 914-423-2047 Website: rjroserealty.com Major properties in region: 500-530 Nepperhan Ave, Yonkers Services: on-site family management, high ceilings, hardwood floors, loading docks, access and parking available 24/7, TV surveillance and security system, multiple large freight/passenger elevators, men’s/women’s bathrooms on every floor Year established: 2007
THE ASHFORTH CO.
707 Summer St., Stamford, Conn. 06901 Phone: 203-359-8500 Website: ashforth.com Largest project under construction [square feet]: NA Range of cost [in millions]: $1-20 Construction classification percentages: NA Services: construction, property management and investments Year established: 1896
RMS COMPANIES
75 Camp Ave., Stamford, Conn. 06907 Phone: 914-4968-2313 Website: rms-construction.com Major properties in region: Hotel Zero Degrees, 909 Washington Blvd., Stamford; offices at 970 Summer ST., Stamford; 5 Sixth St., Norwalk; and condominiums at 142 E. Ave., Norwalk Services: construction, renovation, tenant fit-outs, project and property management, customhome building, development of town homes and residential communities Year established: 1995
THE BAKER COMPANIES
1 W. Red Oak Lane, White Plains, N.Y. 10604 Phone: 914-481-9000 Website: thebakercompanies.com Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 85 percent, industrial; 13 percent, office; and 2 percent, retail Services: acquisition and development Year established: 1966
WFL REAL ESTATE SERVICES LLC
161 E. Ave., No. 104, Norwalk, Conn. 06851 Phone: 203-604-1390 Website: wflrealestate.com Major properties in region: 745 Hanscock Ave., Bridgeport; 6-12 Ives St., Danbury; 151 E. Post Road, White Plains, N.Y.; 34 E. Putnam Ave., Greenwich; 1495 Black Rock Turnpike, Fairfield; 99 Prospect St., Stamford; 43-73 N. Main St., South Norwalk; 1 Marshall St., South Norwalk; 98 E. Ave., Norwalk; and 161 E. Ave., Norwalk. Services: brokerage services, build-outs of office space, property management Year established: 1999
BENCHMARK PROPERTY GROUP LLC
3 Baker Ave., Sixth floor, White Plains, N.Y. 10601 Phone: 914-231-8080 Website: benchmarkpg.com Largest project under construction [square feet]: 30,000 Range of cost [in millions]: NA Construction classification percentages: 100 percent, office Services: real estate investment, development, consulting and ownership Year established: 2007
WILLIAM A. KELLY & CO.
BERKSHIRE INDUSTRIAL CORP.
87 Bedford Road, Katonah, N.Y. 10536 Phone: 914-232-3191 Website: wakellyco.com Major properties in region: Club Fit, 600 Bank Road, Jefferson Valley; Croton River Park, Croton Falls; two apartment buildings in Mount Kisco Services: full-service general contracting management, including construction management, commercial construction, pre-engineered metal buildings, re-roof services, retail projects, residential construction and organization memberships Year established: 1932
2 Parklawn Drive, Bethel, Conn. 06801 Phone: 203-743-7201 Website: berkshirecorporatepark.com
Largest project under construction [square feet]: 16,000 Range of cost [in millions]: NA Construction classification percentages: 20 percent, industrial; 20 percent, office; 10 percent, retail; and 50 percent, flex space
Services: full-design building, from land planning to construction management Year established: 1968
BUILDING AND LAND TECHNOLOGY
200 Atlantic St., Sixth floor, Stamford, Conn. 06802 Phone: 203-846-1900 Website: bltoffice.com Largest project under construction [square feet]: six million Range of cost [in millions]: More than $100 Construction classification percentages: 27 percent, office; 3 percent, retail; and 70 percent, residential Services: real estate development, investment, construction, management and ownership Year established: 1982
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
Purchase Professional Park is Premier Location on Westchester’s ‘Medical Mile’
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Westchester’s Premier Medical Address
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Purchase Professional Park offers many benefits for today’s fast-growing medical practices and health care companies with custom-built medical suites available from 1,000 square feet and up.
SIMONE CONTINUED ON PAGE 26
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The Purchase Professional Park has emerged as the foremost location for medical practices on what has become known as Westchester’s “Medical Mile.” Situated on Westchester Avenue, the 13-acre campus features three modern buildings (3000, 3010 and 3020 Westchester Ave.) totaling 135,000 square feet of Class A medical and professional space. Purchase Professional Park offers many benefits for today’s fast-growing medical practices and health care companies with custom-built medical suites available from 1,000 square feet and up. It is a true suburban office and medical park offering the latest in corporate quality amenities and services, including on-site café, fitness center, 24/7 building access with state-of-the-art camera security, landscaped courtyard with fountain and seating areas, on-site owner management and abundant complimentary parking.
the art medical space. The modern three-story building is fully leased to WESTMED Medical Group, a leading multispecialty group medical practice. 3030 Westchester Ave. is one of the most technologically advanced medical buildings in the region offering patients the convenience of a one-stop shopping medical experience all under one roof. It is also the first new office building to be built on the I-287 corridor in more than 25 years! In addition to WESTMED Medical Group,
more energy-efficient LED lighting is being installed throughout the on-site parking areas at the campus, and all interior and exterior signage is also being replaced to display the complex’s new name. Further solidifying the Purchase Professional Park’s standing as one of Westchester’s premier locations for medical practices, Simone Development Companies and Fareri Associates recently completed development of a fourth building – 3030 Westchester Ave. – comprised of 85,000 square feet of state-of-
bishing the exterior facades, renovating all of the lobbies as well as all common area hallways and restrooms and replacing the elevators and elevator cabs with new finishing throughout all three of the complex’s existing buildings. Landscaping is being upgraded throughout the campus and the existing courtyard will have a new fountain as its centerpiece, along with new plantings, pavers and outdoor furniture for visitors and employees working at the complex to enjoy. Further, new, brighter and
GREENWIC GREENWICH PORT PO T CHESTER CHE TER
WHITE PLAINS
Greenwich Hospital
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ith the explosive growth of the health care sector in recent years, Westchester’s “Platinum Mile” has been transformed into a prime location for medical offices and outpatient facilities.
The complex boasts a highly visible and convenient location at exit 10 off I-287, with access to major highways, including I-95, I-684 and the Hutchinson River/Merritt parkways and is just minutes away from the Westchester County Airport and Metro-North train stations in Rye, Harrison and White Plains, providing access to the growing suburban patient base in Westchester, Fairfield and Putnam counties. The complex is also minutes from major medical institutions, including White Plains Hospital, Greenwich Hospital, Westchester Medical Center and the newly opened Memorial Sloan Kettering Cancer Center. Purchase Professional Park recently completed a major renovation and modernization of the existing buildings and common areas. The renovation work included refur-
REAL ESTATE
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• Turn-key, custom-built, state-of-the-art medical suites available starting from 1,000 square feet • Highly visible, easily accessible location on Westchester’s “Medical Mile” with direct east/west access to Westchester Avenue • On-site café, fitness center and beautifully landscaped courtyard • Abundant free parking for employees and patients • Newly renovated lobbies and exterior facades • Convenient to I-287, I-95, I-684 and Hutchinson River and Merritt Parkways • New home of WESTMED Medical Group headquarters
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For leasing information contact Glenn Walsh, Newmark Grubb Knight Frank (914) 881-1096 Visit www.simdev.com
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL DEVELOPERS
CAPPELLI ORGANIZATION
EMPIRE STATE REALTY TRUST
COLLINS ENTERPRISES LLC
F.D. RICH CO.
7 Renaissance Square, Fourth floor, White Plains, N.Y. 10601 Phone: 203-769-6500 Website: icappelli.com Largest project under construction [square feet]: 550,000 Range of cost [in millions]: $130 Construction classification percentages: 25 percent, retail; and 75 percent, residential Services: real estate development and general construction Year established: 1983
Metro Center, 1 Station Place, Stamford, Conn. 06902 Phone: 203-353-5200 Website: empirestaterealtytrust.com Largest project under construction [square feet]: includes 14 classrooms Range of cost [in millions]: $24 Construction classification percentages: 50 percent, office; and 50 percent, retail Services: leasing, marketing, construction, legal, accounting, asset and property management Year established: 1934
1455 E. Putnam Ave., Second floor, Old Greenwich, Conn. 06870 Phone: 203-358-0004 Website: collins-llc.com Largest project under construction [square feet]: 200,000 Range of cost [in millions]: $20-100 Construction classification percentages: 10 percent, office; and 90 percent, apartments Services: full-service real estate company, acquisition, development, assets and property management, financing and consulting Year established: 1992
222 Summer St., Stamford, Conn. 06901 Phone: 203-359-2900 Website: fdrich.com Largest project under construction [square feet]: 700,000 Range of cost [in millions]: $20-100 Construction classification percentages: 5 percent, hotel; 10 percent, retail; and 85 percent, residential Services: development, leasing, management and construction Year established: 1920
FISCHEL PROPERTIES
COVINGTON DEVELOPMENT LLC
501 Kings Highway East, Fairfield, Conn. 06825 Phone: 203-696-1000 Website: fischelproperties.com Largest project under construction [square feet]: 125,000 Range of cost [in millions]: $1-20 Construction classification percentages: 2 percent, industrial; 85 percent, office; 12 percent, retail; and 1 percent, multifamily Services: full-service commercial real estate development company, including new construction and rehab development, real estate brokerage, property management and business consulting Year established: 1970
322 Clock Tower Commons, Brewster, N.Y. 10509 Phone: 845-279-9565 Website: Covington-development.com Largest project under construction [square feet]: 136,000 Range of cost [in millions]: $1-20 Construction classification percentages: 25 percent, industrial; 25 percent, office; 25 percent, retail; and 25 percent, multifamily housing Services: full-development services Year established: 1980
THE DAVIS COMPANIES
GINSBERG DEVELOPMENT COS.
200 Connecticut Ave., Norwalk, Conn. 06854 Phone: 203-866-1220 Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 100 percent, office Services: real estate investment, development and management Year established: 1976
100 Summit Lake Drive, Suite 235, Valhalla, N.Y. 10595 Phone: 203-747-3600 Website: gdcllc.com Largest project under construction [square feet]: 330-unit luxury rental complex Range of cost [in millions]: $100 Construction classification percentages: 100 percent, residential Services: construction, leasing, management and sales Year established: 1963
DIAMOND PROPERTIES LLC
333 N. Bedford Road, Mount Kisco, N.Y. 10549 Phone: 773-6249 Website: diamondproperties.com Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 50 percent, industrial; 35 percent, office; and 15 percent, retail Services: site selection, acquisition, construction, and management Year established: 1995
REAL ESTATE
LASHINS DEVELOPMENT CORP.
80 Business Park Drive, Armonk, N.Y. 10504 Phone: 914-273-5200 Website: lashinsdevelopment.com Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 10 percent, industrial; 70 percent, office; 10 percent, retail; and 10 percent, residential Services: development, construction, leasing and management Year established: 1944
6
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
THE BENEFITS OF WORKING WITH THE MARKET LEADER A COMPANY WITH A PROVEN TRACK RECORD OF RESULTS PROFESSIONAL AGENTS, WHO REPRESENT THE BEST AND MOST SERIOUS BUYERS WE KNOW WHERE BUYERS COME FROM AND TARGET OUR MARKETING ACCORDINGLY
CONGRATULATIONS TO THE 2014 HOULIHAN LAWRENCE COMMERCIAL GROUP LEADING SALES PROFESSIONALS
Steven Salomone
Associate Real Estate Broker Mobile: 914.329.0185
Garry Klein
Associate Real Estate Broker Mobile: 914.588.1585
Michael Rackenberg Real Estate Salesperson Mobile: 973.609.2105
A reminder of some of the services Houlihan Lawrence Commercial Group offers:
W
• • • • •
ith local expertise in the Westchester, Putnam and Dutchess counties, the Commercial Group has a database of buyers and sellers throughout the country to effectively market commercial properties and opportunities on a national level.
Office, Retail and Industrial Sales & Leasing Investment Opportunities Municipal Approval Consultations Land Acquisition & Development Lease/Purchase Negotiations
Give us a call today 914.798.4900 www.HLCommercialGroup.com 800 Westchester Avenue, Rye Brook, New York 10573 | 914.798.4900
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL DEVELOPERS
MACK-CALI REALTY CORP.
RMS COMPANIES
Cross Westchester Executive Park 100 Clearbrook Road, Elmsford, N.Y. 10523 Phone: 914-592-4800 Website: mack-cali.com
75 Camp Ave., Stamford, Conn. 06907 Phone: 914-4968-2313 Website: rms-construction.com
Largest project under construction [square feet]: 60,000 Range of cost [in millions]: $1-20 Construction classification percentages: NA Services: real estate developer Year established: 1995
Largest project under construction [square feet]: 736 units, in partnership with Ironstate Development
Range of cost [in millions]: NA Construction classification percentages: 100 percent, multifamily Services: lease analysis, development feasibility and entitlement studies, sustainable design
ROSENSHEIN ASSOCIATES
recommendations and more
Year established: 1949
700 S. Barry Ave., Mamaroneck, N.Y. 10543 Phone: 914-698-3600 Website: rosensheinassocs.com Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 100 percent, retail Services: acquisition, development, and brokerage Year established: NA
MARCUS PARTNERS INC.
301 Merritt 7, Norwalk, Conn. 06851 Phone: 203-762-7200 Website: marcuspartners.com
Largest project under construction [square feet]: 206,000 Range of cost [in millions]: $20-100 Construction classification percentages: 37 percent, office; and 63 percent, medical lab Services: real estate investment, development and management Year established: 1992
RPW GROUP INC.
800 Westchester Ave., Suite N601, Rye Brook 10573 Phone: 914-285-1700 Website: rpwgroup.com Largest project under construction [square feet]: one million Range of cost [in millions]: More than $100 Construction classification percentages: 20 percent, hotel; 40 percent, office; and 40 percent, residential Services: ownership, management, general contracting, and construction management Year established: 1979
NATIONAL REALTY & DEVELOPMENT CORP.
3 Manhattanville Road, Suite 202, Purchase, N.Y. 10577 Phone: 914-694-4444 Website: nrdc.com Largest project under construction [square feet]: 271,979 Range of cost [in millions]: NA Construction classification percentages: 100 percent, retail Services: development, acquisitions, entitlement, property operations/management, leasing and marketing, construction, property management and legal services Year established: 1964
SEABOARD PROPERTIES
1 Atlantic St., Stamford, Conn. 06901 Phone: 203-357-1600 Website: seaboardproperties.com
NATIONAL RESOURCES
485 W. Putnam Ave., Greenwich, Conn. 06830 Phone: 203-661-0055 Website: nationalresources.com Largest project under construction [square feet]: 100,000 Range of cost [in millions]: $50 Construction classification percentages: 80 percent, office; and 20 percent, retail Services: development and management Year established: 1988
Largest project under construction [square feet]: 135,230 Range of cost [in millions]: $20-100 Construction classification percentages: 25 percent, hotel; 25 percent, office; and 50 percent, apartments Services: owners, managers and developers of hotel, office and apartment projects located in Stamford, Conn. Year established: 1990
SIMONE DEVELOPMENT COS.
R.D. SCINTO
1250 Waters Place, Bronx, N.Y. 10461 Phone: 718-215-3000 Website: simdev.com
1 Corporate Drive, Suite 100, Shelton, Conn. 06484 Phone: 203-929-6300 Website: scinto.com Largest project under construction [square feet]: 294,000 Range of cost [in millions]: $1-20 Construction classification percentages: NA Services: site selection, acquisition and construction Year established: 1975
REAL ESTATE
Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 20 percent, industrial; 50 percent, office; 20 percent, retail; and 10 percent, residential
Services: commercial development and holding, residential development and sales Year established: NA
8
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
HAVE IT ALL HAS IT ALL AT THE ONE PLACE THAT
MORE UPGRADES | MORE AMENITIES | MORE SERVICE MORE TOP NAME TENANTS IN 2014 Amenta Emma Architects, P.C. AMRISC, LP Archer Daniels Midland Company Aspetuck Capital Management, LLC B and E Theaters, LLC Black Diamond, Inc. Camulos Capital LP Caravel Shipping USA, Inc. Core Access Group, LLC Crown Imports LLC CounselWorks LLC Cummings and Lockwood LLC Defense Mobile Corporation Del Frisco’s Grille
Element Capital Advisory Group LLC Hallama & Pelliccione, LLC Hudson Partners Group LLC Land & Buildings Investment Management LLC MCI Communications Services, Inc. Mormac Marine Group, Inc. Nobu Florist of Stamford, Inc. SAC Acquisition LLC TMR Management, Inc. Verso Paper LLC Vertical Research Partners, LLC Waddell and Reed, Inc. Waldorf Trade Risk LLC Weaver and Tidwell, LLP
Full floors from 11,500–21,500 sq.ft. Pre-built suites from 1,900 sq.ft. and larger Stamford’s most comprehensive class-A address — Private shuttle to Metro North & Amtrak Rail Station | Covered, secure parking | Full-service on-site cafe and multiple restaurants | Full-time concierge | 20,000 sf tenants-only fitness center | Conference facility | On-site access to Stamford Town Center Mall | Leather and shoe repair | Tailor dry cleaners | Barber shop | Full-service bank branch | Walking distance to all downtown amenities, including Metro-North & Amtrak Rail Station, the Palace Theater, Courtyard by Marriott and over 50 restaurants
Larry Kwiat • 203.363.2341 larry.kwiat@slgreen.com
REAL ESTATE
LANDMARK SQUARE OWNERSHIP OFFICES ON-SITE
9
RECKSON.COM
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL DEVELOPERS / COMMERCIAL REAL ESTATE FIRMS COMMERCIAL REAL ESTATE FIRMS
SILVERMAN REALTY GROUP INC.
237 Mamaroneck Ave., White Plains, N.Y. 10605 Phone: 914-683-8000 Website: silvermanrealty.com Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 50 percent, office; and 50 percent, retail Services: leasing, management Year established: 1970
SPINNAKER REAL ESTATE PARTNERS LLC
1 N. Water St., Suite 100, South Norwalk, Conn. 06854 Phone: 203-354-1547 Website: spinrep.com Largest project under construction [square feet]: 200,000 Range of cost [in millions]: $60 Construction classification percentages: 10 percent, hotel; and 90 percent, residential Services: acquisition, development and management, urban planning, engineering, design execution Year established: 1950
STANLEY M. SELIGSON PROPERTIES 605 West Ave., Norwalk, Conn. 06850 Phone: 203-5600 Website: seligsonproperties.com
Largest project under construction [square feet]: 1.2 million Range of cost [in millions]: More than $100 Construction classification percentages: 10 percent, retail; and 90 percent, residential Services: owner and manager of a real estate portfolio in excess of one million square feet of residential, office, retail, medical and light industrial buildings
Year established: 1953
WESTROCK DEVELOPMENT LLC
656 Central Ave., Yonkers, N.Y. 10704 Phone: 914-751-4000 Website: westrockdevelopment.com
Largest project under construction [square feet]: NA Range of cost [in millions]: NA Construction classification percentages: 50 percent, industrial; 20 percent, office; and 30 percent, retail
Services: development Year established: 2000
WILLIAM A. KELLY & CO.
67 Bedford Road, Katonah, N.Y. 10538 Phone: 914-232-3191 Website: wakellyco.com
Largest project under construction [square feet]: 60,000 Range of cost [in millions]: $1-20 Construction classification percentages: 100 percent, hotel Services: construction management, general contracting, turnkey packages, design build services, site work, excavation, and construction
Year established: 1933
REAL ESTATE
ADMIRAL REAL ESTATE SERVICES CORP.
62 Pondfield Road, Bronxville, N.Y. 10708 Phone: 914-779-8200 Website: admiralrealestate.com Licensed agents and/or brokers: five agents, one broker serving Westchester County and five agents, one broker serving Hudson Valley Towns and cities served: New York City and surrounding metropolitan areas Services: consulting, leasing, property management and sales Properties serviced: office and retail Year established: 1997
ADVANTAGE REALTY COMMERCIAL
22 Lower Lake Road, Danbury, Conn. 06811 Phone: 203-798-9345 Website: advantagerealtyinc.com Licensed agents and/or brokers: three brokers Towns and cities served: Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Redding and Ridgefield, Conn. Services: consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1978
ALLIED PROPERTY GROUP
116 Main St., Second floor, Greenwich 06830 Phone: 914-661-5800 Website: alliedpropertygp.com Licensed agents and/or brokers: two agents, one broker Towns and cities served: Greenwich and Westport Services: leasing, sales and property management Properties serviced: office and retail Year established: 1993
AMS REAL ESTATE LLC
Layafette Center 350 Fairfield Ave., Bridgeport, Conn. 06604 Phone: 203-372-1200 ext. 304 Website: amsrealestate.com Licensed agents and/or brokers: one agent and broker Towns and cities served: Bridgeport, Stratford and Torrington, Conn. Services: consulting, leasing, property management, sales Properties serviced: industrial, land, multifamily, office, retail Year established: 1990
ANGEL COMMERCIAL LLC
2425 Post Road, Suite 303, Southport, Conn. 06890 Phone: 203-335-6000 Website: angelcommercial.com Licensed agents and/or brokers: six brokers Towns and cities served: Fairfield and New Haven counties, national on an exclusive basis Services: sales, leasing, consulting, landlord and tenant representation Properties serviced: industrial, land, multifamily, office and retail Year established: 2000
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
When is a Class B Building a Class A Decision?
T
oday, more than ever, every business owners want affordable office space that fits the demands of their company without breaking their budget. In light of cur-
rent economic conditions, businesses everywhere require better values — pure and simple — and today’s market presents the opportunity of a lifetime to find the best spaces at the best prices. Many business owners start by looking at Class A buildings, which are characterized by top-notch locations, architectural styles, amenities and facilities, offering strong appeal to businesses seeking aesthetics and function. These buildings command the highest prices in the market because they are usually newer, located near a train station andIor highway access and have multistory construction with high-quality specialized interiors, state-of-the-art IT capabilities and even back-up generators. Although Class A buildings may suit many businesses, such commercial real estate may not be the best choice for businesses working with limited budgets. Even businesses that might otherwise choose to house their company in Class A structures may find exceptional opportu-
represent you makes a huge difference. Rather than try and fit a round peg in a square hole, an experienced commercial real estate professional can help you find great spaces that fit your needs and your budget. For example, we at Rakow Commercial Realty Group Inc. represent all classes of buildings and, without bias,
nity and value in Class B buildings. In fact, by sacrificing some of the aesthetics of Class A commercial real estate, you can save money and find comfortable space at a much more affordable price. Class B buildings may present less-thanstellar visual appeal and make you walk a block or drive a couple of miles to your
If you’re changing office locations, remember to look at both Class A and Class B buildings and make sure you don’t look at the right space with the wrong broker. With the right commercial real estate professional, you’ll be able to find incredible values that fit your needs and your budget. can help any business owner find commercial space to match their needs and budget, plus help you find the best values anywhere within your economic and geographic parameters. While Class A real estate comes with distinctive appeal, you can select space in a Class B building that fits your budget
health club (instead of using one within a Class A building). But Class B buildings more than compensate you because of their superior value. Finding just the right space often depends on seeking representation capable of tailoring your search to your company’s unique requirements. Who you chose to
without sacrificing comfort and function. In fact, many Class B spaces could be classified as Class A with a few renovations and are just as comfortable as their higher-priced alternatives. If you’re changing office locations, remember to look at both Class A and Class B buildings and make sure you don’t look at the right space with the wrong broker. With the right commercial real estate professional, you’ll be able to find incredible values that fit your needs and your budget. Rick Rakow has been assisting commercial tenants for 30 years and is President/ CEO of the Rakow Commercial Realty Group based in White Plains, NY. RakowGroup is one of our region’s first and largest full service brokerage companies with a focus on tenant needs. Mr. Rakow serves as Chairman of the Board for The Food Bank for Westchester. He has also served on the Board at The Business Council of Westchester and currently is on the Board of The Westchester County Association. Rakow Commercial Realty Group 10 New King St., White Plains, NY 10604 914 422-0100 Ext 10 rakowgroup.com
Rick Rakow rick@rakowgroup.com.
Get a better deal on your commerical lease... at no cost to you.
KEEP MORE MONEY
RakowGroup.com
NY (914) 422-0100 x10 x
10 New King St · White Plains, NY / 6 Landmark Sq · Stamford, CT
REAL ESTATE
A RakowGroup Tenant Representative will give your team the edge.
11
CT (203) 359-5703 x10
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
ANSON PROPERTIES LTD.
4 New King St., Suite 100, White Plains, N.Y. 10604 Phone: 914-937-3111 Website: realtyacquisitionconsulting.com Licensed agents and/or brokers: one broker Towns and cities served: Westchester County Services: leasing and sales Properties: industrial Year established: 1973
ANTHONY P. BELDOTTI MANAGEMENT CORP.
500 Executive Blvd., Suite 203, Ossining, N.Y. 10562 Phone: 914-762-7500 Website: apbproperties.com Licensed agents and/or brokers: one broker Towns and cities served: Briarcliff, Mount Kisco, Ossining and Yorktown, N.Y. Services: consulting, leasing, residential and commercial rentals Properties: industrial/warehouse, multifamily, office and rental Year established: 1984
ARIES DEITCH & ENDELSON INC.
110 S. Central Ave., Hartsdale, N.Y. 10530 Phone: 914-949-2800 Website: ade-re.com Licensed agents and/or brokers: two agents, seven brokers serving Westchester County; two agents, nine brokers serving Hudson Valley, N.Y. and four brokers serving Fairfield County, Conn. Towns and cities served: Fairfield County, Conn. and Dutchess, Orange, Putnam, Rockland and Westchester counties Services: appraisal, consulting, leasing, property management and sales Properties serviced: retail Year established: 1993
AUSTIN CORPORATE PROPERTIES INC.
BENSON COMMERCIAL REALTY INC.
18 Field Point Road, Greenwich, Conn. 06830 Phone: 203-622-0100 Website: bensoncommercial.com Licensed agents and/or brokers: three brokers serving Fairfield and Westchester counties Towns and cities served: Westchester, Dutchess and Rockland counties, N.Y. and Fairfield and New Haven counties, Conn. Services: commercial leasing, subleasing, property representation and sales Properties serviced: multifamily and retail Year established: 1988
BERKSHIRE HATHAWAY HOMESERVICES
9 S. Colony Road, Wallingford, Conn. 06492 Phone: 800-243-0380 Website: bhhsneproperties.com Licensed agents and/or brokers: 38 agents Towns and cities served: Darien, Greenwich, New Canaan, Norwalk, Stamford and Westport, Conn. Services: consulting, leasing and sales Properties serviced: industrial, land, office and retail Year established: 2000
BERNARD REALTY/THE RETAIL LEASING CO.
71 Arch St., Greenwich, Conn. 06830 Phone: 203-622-1636 Website: theretailleasingcompany.com Licensed agents and/or brokers: one agent, one broker Towns and cities served: Fairfield and Westchester counties Services: leasing and sales Properties serviced: office and retail Year established: 1990
CBRE
31 Bonwit Road, Rye Brook, N.Y. 10573 Phone: 914-690-0020 Licensed agents and/or brokers: two brokers Towns and cities served: Westchester and Fairfield counties Services: consulting, leasing and sales Properties serviced: office and land Year established: 1971
201 Tresser Blvd., Suite 201, Stamford 06901 Phone: 203-329-7900 Website: cbre.com/usa/ct/Stamford Licensed agents and/or brokers: 50+ agents and brokers Towns and cities served: Fairfield and Westchester counties Services: appraisal, consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1906
BALDWIN PEARSON & CO. INC.
CHOYCE PETERSON INC.
10 Middle St., Bridgeport, Conn. 06604 Phone: 203-335-5117 Website: baldwinpearson.com Licensed agents and/or brokers: one agent, one broker Towns and cities served: Fairfield County Services: appraisal, consulting, leasing, sales Properties: industrial, land, office and retail Year established: 1953
REAL ESTATE
383 Main Ave., Norwalk, Conn. 06851 420 Westchester Ave., Port Chester, N.Y. 10573 Phone: 914-422-5700 Website: choycepeterson.com Licensed agents and/or brokers: three agents Towns and cities serviced: Fairfield and Westchester counties Services: consulting services, leasing and sales Properties serviced: office and retail Year established: 1997
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
How To Avoid Costly Mistakes When Negotiating Or Re-Negotiating Your Office Lease
w
hy you need a Tenant Representative –
The process of leasing office, industrial, retail or medical space, whether it is for a new location or extending an existing lease is a very complicated and time-consuming process that is fraught with issues that can have long-lasting impact on a company’s future.
Why landlords do not think you will move and they have the advantage – 1.
They know tenants renew their leases (plus or minus) 70 percent of the time. 2. They recognize the time, expense and effort associated with relocating. 3. You are not in the marketplace conducting a credible market search. 4. You waited too long to begin the process and have painted yourself into the proverbial corner. 5. You have not engaged a tenant representative* to assist you in evaluating your options and to represent your interests in ongoing lease negotiations. *A Tenant Representative is a commercial real estate broker who is specially trained to
represent the tenant side in understanding market conditions, lease options, development and negotiation. It is important to point out that the Tenant Representative’s fee is typically paid by the landlord.
don’t understand the value a Tenant Representative can provide or because they have the misconception that they will get a better deal by themselves and/or eliminate the Tenant Representative’s fee (if there is no
The benefit of Tenant Representation is that the tenant, who may only participate in negotiations like this once every three to 10 years, needs access to current market information, transaction expertise and negotiation skills at least equal to those the landlord (or those of his/her agents) who conduct these negotiations every day. Attempting to manage a relocation and lease negotiation or a lease re-negotiation without the assistance of an experienced Tenant Representative to guide you through the process and help you structure a transaction that best serves your functional, operational and financial objectives only increases the chances of making costly mistakes. Many tenants take the do-it-yourself approach. This is most likely because they
Tenant Representative utilized the landlord keeps the money allocated in the lease for this purpose).
What benefit does the Tenant Representative provide? The benefit of Tenant Representation is that the tenant, who may only participate in negotiations like this once every three to 10 years, needs access to current market infor-
mation, transaction expertise and negotiation skills at least equal to those the landlord (or those of his/her agents) who conduct these negotiations every day.
SERVICES PROVIDED BY TENANT REPRESENTATIVES: • •
Analyze your space needs, Identify and investigate all viable property options, • Create leverage in the negotiation process, • Protect your interest in lease negotiations, • Provide a buffer between you and the landlord and • Manage and coordinate all the participants in the process. If you are planning to stay in your present space and wait until your lease expires to address these issues chances are you will be forced into paying even higher rates on less advantageous terms than if you were to renegotiate right now. Rakow Commercial Realty Group, 6 Landmark Square, Stamford, CT., 203-359-5703, ext. 10, rakowgroup.com Rick Rakow, rick@rakowgroup.com
Get a better deal on your commerical lease... at no cost to you.
KEEP MORE MONEY
RakowGroup.com
(203) 359-5703 x10
6 Landmark Square · Stamford, CT REAL ESTATE
A RakowGroup Tenant Representative will give your team the edge.
13
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
C.J. PAGANO & SONS INC.
COMMERCIAL ASSOCIATES REALTY INC.
COLDWELL BANKER COMMERCIAL NRT/ COLDWELL BANKER RESIDENTIAL BROKERAGE
CR PROPERTIES GROUP LLC
30 Village Green, Bedford, N.Y. 10506 Phone: 914-232-4100 Website: cbcworldwide.com Licensed agents and/or brokers: NA Towns and cities served: Westchester and Putnam counties, N.Y. and Fairfield County, Conn. Services: commercial property leasing and investment sales Properties serviced: office, retail, industrial, land and multifamily Year established: 1906
295 Main St., Poughkeepsie, N.Y. 12601 Phone: 845-485-3100 Website: crproperties.com Licensed agents and/or brokers: two brokers, Hudson Valley; two brokers, Westchester County; and two brokers, Fairfield County Towns and cities serviced: Hudson Valley, N.Y.; and Danbury, Conn. Services: leasing, sales and consulting services Properties serviced: industrial, land, multifamily, office and retail Year established: 1983
COLDWELL BANKER COMMERCIAL – SCALZO GROUP
CRESA
420 Westchester Ave., Port Chester, N.Y. 10573 Phone: 914-939-1123 Website: cjpagano.com Licensed agents and/or brokers: two brokers, three agents Towns and cities served: Westchester County Services: appraisal (residential only), leasing, sales and commercial Properties serviced: office, retail, industrial, land and multifamily Year established: 1930
2 Stony Hill Road, Suite 206, Bethel, Conn. 06801 Phone: 203-744-7077 Website: coldwellbankerscalzo.com Licensed agents and/or brokers: nine agents, three brokers; seven agents, one broker serving Westchester County Towns and cities served: Fairfield and Litchfield counties, Conn. and Putnam and Westchester counties, N.Y. Services: leasing and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 2000
COLLIERS INTERNATIONAL INC.
1055 Washington Blvd., Third floor, Stamford, Conn. 06901 Phone: 914-324-0800 Website: colliers.com Licensed agents and/or brokers: 12 agents in the Stamford office Towns and cities served: Fairfield and Westchester counties and Hudson Valley Services: consulting, leasing, property management and sales Properties serviced: industrial, office and retail Year established: 1926
COLONIAL REALTY
2 Post Road, Fairfield, Conn. 06824 Phone: 203-367-4087 Website: colonialrealty.net Licensed agents and/or brokers: NA Towns and cities served: Fairfield and New Haven counties, Conn. Services: leasing and sales Properties serviced: industrial, land, office and retail Year established: NA
REAL ESTATE
411 Washington Ave., No. 201, Kingston, N.Y. 12401 Phone: 845-339-9100 Website: commercialassoc.com Licensed agents and/or brokers: three agents, two brokers Towns and cities served: Mid Hudson Valley, N.Y. Services: consulting, leasing, market and property analysis, sales Properties serviced: industrial, land, office and retail Year established: 1998
200 Connecticut Ave., Fourth floor, Norwalk, Conn. 06854 Phone: 203-899-7700 Website: cresa.com Licensed agents and/or brokers: one broker, Fairfield County and one broker, Westchester County Towns and cities serviced: Stamford and Fairfield County, Conn. Services: consulting, leasing and sales Properties serviced: office Year established: 1996
CUSHMAN & WAKEFIELD
107 Elm St., 4 Stamford Plaza, Eighth floor, Stamford 06902 Phone: 203-326-5800 7 Renaissance Square, White Plains, N.Y. 10601 Phone: 914-326-5827 Website: cushwake.com Licensed agents and/or brokers: 33 agents Towns and cities served: Fairfield and Westchester counties and Hudson Valley Services: appraisal, consulting, corporate service, economic incentives, finance, investor services, leasing, property management, tax services and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1917
THE DAGAR GROUP LTD.
2 Summit Court, Suite 203, Fishkill, N.Y. 12524 Phone: 888-98-DAGAR Website: dagargroup.com Licensed agents and/or brokers: three brokers Towns and cities served: Hudson Valley, N.Y. and northern Fairfield County, Conn. Services: consulting, development, leasing, property management and sales Properties serviced: office and retail Year established: 1988
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
Harbor Point: Spring Brings Even More Living, Dining Options to Already Buzzing Neighborhood
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You’ve survived winter and spring is just days away, so when daydreaming about soon-to-bepossible outdoor activities and stunning views of Long Island Sound, consider making Stamford’s Harbor Point your home—either permanently or for just a few hours. Harbor Point offers more than 20 acres of parks, a mile-long waterfront boardwalk, world-class marinas and an exciting calendar of entertainment and events. Adding to Harbor Point’s vibrant work/live transit village setting is a location just minutes from Interstate 95 and within walking distance of the Stamford Transportation Center, with Amtrak and Metro North service bringing Manhattan just a 45 minute commute away. Ample parking and transportation options make exploring all that Harbor Point has to offer easy. For those looking for a permanent home, Harbor Point’s mix of residences run the gamut of what a prospective renter could desire and include efficiencies, loft style, high rise luxury, smoke-free, pet-free, and family friendly options.
options available to them in the surrounding neighborhood. The Beacon is adjacent to Chef Aarón Sánchez’s celebrated Latin-inspired grill Paloma and joins a neighborhood that now includes Fairway Market and restaurants such as Harlan Social, Dinosaur Bar-B-Que, Le Pain Quotidien, Top This, Sign of the Whale, and World of Beer. Additionally, expected to open in Spring or Summer 2015 are Fortina and Bare Burger.
Bare Burger was voted best burger in NYC by Zagat’s and Fortina’s Armonk location was rated “Very Good” by the New York Times, and best new restaurant in Westchester County and no wonder. Several of its chefs have taken top honors on episodes of the Food Network’s “Chopped,” a show that features Paloma Chef Aarón Sánchez as a judge. Vault Apartments, located at 120 Towne Street, is the final development site in the historic Yale & Towne district. It consists of 252
residences, all a stone’s throw from Harbor Point’s dining and retail shops and just blocks away from the Stamford Transportation Center. A mix of studios, one- and two-bedroom apartments, Vault Apartments is Harbor Point’s first pet and smoke free building. A large fitness center, community rooms with Wi-Fi, and a lushly landscaped outdoor plaza with pool, sundeck, fire pits and grilling area provide endless amenities for residents. BLT CONTINUED ON PAGE 26
The waterfront is a centerpiece of what makes Harbor Point such a vibrant environment, and additional planned developments along the West branch of Stamford Harbor promise to add further excitement this summer. The apex of these options—coming this spring—is the Beacon, a 240-unit luxury apartment building located at One Harbor Point Road that will add new high-end residences, and those previously mentioned stunning views of Long Island Sound. The building’s mix of studios, one-, twoand three bedroom residences feature floorto-ceiling windows, modern kitchens with stainless steel appliances, quartz countertops, wood design flooring and custom designed cabinetry. These upscale finishes are matched in quality by the building’s amenities as well. Residents can enjoy the rooftop landscaped terrace with fire pit, observatory deck, a 24-hour health club, a yoga studio, game room, pool plaza and waterfront great room—all before considering the substantial
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
DAVID ADAM REALTY INC.
28 Church Lane, Westport, Conn. 06880 Phone: 203-221-8148 Website: davidadamrealty.com Licensed agents and/or brokers: three agents, two brokers Area served: New York metropolitan Services: leasing, property management and sales Properties serviced: industrial, land, office and retail Year established: 1991
DEEGAN-SANGLYN
325 Albany Ave., Kingston, N.Y. 12401 Phone: 845-334-9700 Website: deegansanglyn.com Licensed agents and/or brokers: two agents, two brokers Towns and cities served: Columbia, Dutchess, Greene, Orange and Ulster counties, N.Y. Services: consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1999
DELMHORST & SHEEHAN INC.
695 E. Main St., Stamford, Conn. 06901 Phone: 203-323-5200 Website: delmhorst-sheehan.com Licensed agents and/or brokers: two agents, three brokers Towns and cities served: Fairfield and Westchester counties Services: consulting, leasing and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1991
DIAMOND PROPERTIES LLC
333 N. Bedford Road, Suite 145, Mount Kisco, N.Y. 10549 Phone: 914-773-6249 Website: diamondproperties.com Licensed agents and/or brokers: one broker Towns and cities served: New York, Connecticut and Ohio Services: property management, market repositioning and capital upgrades Properties serviced: office, retail, industrial and land Year established: 1993
DVB COMMERCIAL REALTY LLC
16 River St., Stamford, Conn. 06850 Phone: 203-855-8050 Website: dvbrealty.com Licensed agents and/or brokers: six agents Towns and cities served: Fairfield County Services: marketing, sales and leasing Properties serviced: office and retail Year established: 1992
E.P.N. REAL ESTATE SERVICES INC.
EMPIRE STATE REALTY TRUST
Metro Center, 1 Station Place, Stamford, Conn. 06902 Phone: 914-353-5200 Website: empirestaterealtytrust.com Licensed agents and/or brokers: three agents Towns and cities served: Fairfield and Westchester counties and New York City Services: accounting, asset management, finance, construction, leasing and marketing, legal and property management Properties serviced: office and retail Year established: 1934
FISCHER REAL ESTATE
236 Boston Post Road, Orange, Conn. 06477 Phone: 203-795-5554 Website: fischercom.com Licensed agents and/or brokers: four brokers Towns and cities served: Fairfield and New Haven counties Services: consulting, leasing and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1976
FRIEDLAND REALTY ADVISORS
656 Central Park Ave., Yonkers, N.Y. 10704 Phone: 914-968-8500 Website: friendlandrealty.com Licensed agents and/or brokers: 30 brokers Towns and cities served: metropolitan, tristate areas Services: brokerage, leasing and sales Properties serviced: office, retail, industrial, land and multifamily Year established: 1970
GHP OFFICE REALTY
4 W. Red Oak Lane, Suite 200, White Plains, N.Y. 10604 Phone: 914-642-9300 Website: ghpoffice.com Licensed agents and/or brokers: six agents Towns and cities served: New York, New Jersey, Connecticut and nationwide Services: construction management, leasing, property management and sales Properties serviced: office, retail, industrial, land and multifamily Year established: 1999
GOLDSCHMIDT & ASSOCIATES
1 Chase Road, Scarsdale, N.Y. 10583 Phone: 914-723-1616 Website: ge-re.com Licensed agents and/or brokers: 11 agents, one broker; and four agents, one broker serving Fairfield County Towns and cities served: Connecticut, New Jersey and New York Services: consulting, development, leasing, property management and sales Properties serviced: office, retail, industrial and land Year established: 1991
427 Bedford Road, Pleasantville, N.Y. 10570 Phone: 914-747-1099 Website: 427bedfordroad.com Licensed agents and/or brokers: two agents, one broker Towns and cities served: Westchester County Services: consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1983
REAL ESTATE
16
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
D&D Elevator: It’s All About Service and Safety ased in Elmsford, D&D Elevator Maintenance Inc. is a leading elevator maintenance company serving the greater New York region with a legacy of long-term relationships, built on the highest levels of customer service. D&D is independent, licensed and fully insured. Established in 1981,
B
the company has been providing best maintenance practices throughout the New York metropolitan area for more than 32 years. Many of our current contracts are with customers we have been serving continuously since our beginning in the early 1980s. Westchester properties served by D&D include Mercy College, Montefiore Medical Center, House of Sports and numerous residential and commercial complexes.
In 2002, Robert partnered with the National Association of Elevator Contractors to develop an industry-wide certification program for the education and training of field technicians. This program is now being used for both training and licensing by more than 80 elevator companies nationwide. In 2003, D&D obtained approval of its “Certified Elevator Technician” (CET) program from both the federal and state departments of labor. And in 2011, the CET program was awarded accreditation by both ANSI and ISO for meeting its standards for certification programs. D&D is currently the only Merit Shop Contractor in the state of New York to offer apprenticeship training to its employees. For further information, visit www.ddelevator.com, or contact D&D Elevator Maintenance Inc., 38 Hayes St., Elmsford, NY 10523, (914) 347-4344.
North America’s first AC gearless machine, installed by D&D Elevator at St. Bart’s Church in New York City over 20 years ago, remains in service to this day.
Raising your Comfort Level D&D Elevator Cab Upgrades for Enhanced Quality of Life Innovative Designs ● Green technology ● The Comfort of the Human Touch
A touch-button car operating panel, an example of D&D’s innovative elevator cab design.
D&D’s principals are always easily reachable and immediately responsive to all emergency and routine needs. We strive to know all our customers by name and place primary value on personal relationships, accountability and reliability. Robert Schaeffer, currently D&D’s CEO and president, has been with the company since its inception. In 1984, Nunzio Meccariello, currently D&D’s treasurer, began leading the effort to build an efficient and dynamic modernization and construction department. The company was joined in 2005 by Michael Bonardi, currently D&D’s vice president, who, with his more than 35 years of professional experience, allowed D & D to expand its business to include large service, modernization and construction projects. Over the years, D&D has achieved several industry milestones, including the first AC gearless machine installation in North America. This state-of-the-art equipment has already given the customer more than 20 years of reliable operation and remains in service today. In 2001, D&D introduced its “Engineered Elevator Service Plan,” a concept based on new code requirements being adopted by the state and city of New York, and complying with Section 8.6 of the A17.1 Code for elevators and escalators.
REAL ESTATE
D&D Elevator Cab Upgrades make your tenants and residents feel as comfortable as “home,” while increasing the value of your building.
D&D designs and builds the most contemporary cabs and ambitious styles, using lightweight material and unique light postioning.
Innovative design & functionality: state-of-the-art touch screens with messaging; energy-saving, long lasting LED lighting designs.
For those preferring traditional styles and craftsmanship, with rich wood tones, strong brushed & polished bronze accents.
Located in Westchester, D&D Elevator is one of Greater New York’s leading elevator companies, with a 30-year legacy of long-term relationships built on the highest levels of customer service. D&D’s principals are always easily reachable and immediately responsive to all emergency and routine needs. Our portfolio includes some of the region’s finest commercial and residential properties. Visit our website: www.ddelevator.com
D&D Elevator Maintenance Incorporated • 38 Hayes Street • Elmsford, NY 10523 P: 914.347.4344 • F: 914.347.3222 • info@ddelevator.com • www.ddelevator.com
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
GOLDSTEIN & ASSOCIATES REALTY INC.
235 Main St., Suite 319, White Plains, N.Y. 10601 Phone: 914-421-0444 Website: allcommercialspaces.com Licensed agents and/or brokers: one broker serving Fairfield County; three agents, one broker serving Westchester County Towns and cities served: Elmsford, Harrison, Hartsdale, Hawthorne, Mamaroneck, New Rochelle, Port Chester, Tarrytown, White Plains and Yonkers, N.Y.; Greenwich and Stamford, Conn. Services: consulting, leasing and sales Properties serviced: industrial, land, office and retail Year established: 1995
GOODFELLOW COMMERCIAL REAL ESTATE
26 Mill Plain Road, Danbury, Conn. 06811 Phone: 203-744-7025 Website: goodfellows.com Licensed agents and/or brokers: nine brokers, two agents Towns and cities served: Fairfield and Litchfield counties, Conn. and Westchester and Putnam counties, N.Y. Services: consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1934
HARBORVIEW PROPERTIES
2406 Boston Post Road, Larchmont, N.Y. 10538 Phone: 914-834-8200 Website: harborviewrealestate.com Licensed agents and/or brokers: six agents, three brokers Towns and cities served: tristate area Services: commercial property ownership, leasing and sales Properties serviced: multifamily, office, industrial and retail Year established: 1991
HASTINGS REAL ESTATE
196 Danbury Road, Wilton, Conn. 06897 Phone: 203-762-5099 Website: johndhastings.com Licensed agents and/or brokers: 10 agents, two brokers Towns and cities served: Darien, Fairfield, Greenwich, Norwalk, Shelton, Stamford, Stratford, Trumbull, Westport and Wilton Services: appraisal, consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1948
HENRY W. FRIES REAL ESTATE
399 Knollwood Road, White Plains, N.Y. 10603 Phone: 914-949-9474 Website: hankfries.com Licensed agents and/or brokers: three agents, three brokers Towns and cities served: Westchester and Fairfield counties Services: appraisal, consulting, leasing, property management and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1991
REAL ESTATE
HERITAGE REALTY SERVICES LLC
67 Irving Place, New York City, N.Y. 10003 Phone: 212-674-2556 Website: heritagerealtyservices.com Licensed agents and/or brokers: three brokers Towns and cities served: Fairfield and Westchester counties and New York City Services: leasing and property management Properties serviced: office and retail Year established: 2005
HOULIHAN LAWRENCE COMMERCIAL GROUP
880 Westchester Ave., Rye Brook, N.Y. 10573 Phone: 914-220-4411 Website: houlihanlawrence.com/commercial Licensed agents and/or brokers: 10 Towns and cities served: Westchester, Dutchess, Putnam and Fairfield counties Services: office and industrial leasing, retail leasing, land acquisition and development, investment opportunities, municipal approvals and affiliate services Properties serviced: office, retail, industrial, land and multifamily Year established: 2012
HOULIHAN-PARNES PROPERTIES
4 W. Red Oak Lane, White Plains, N.Y. 10604 Phone: 914-694-4200 Website: houlihanparnes.com Licensed agents and/or brokers: six agents Towns and cities served: New York metropolitan areas, Rockland County and New Jersey Services: leasing, sales, financing, property management and construction management Properties serviced: retail and multifamily Year established: 2000
HOULIHAN-PARNES REALTORS
4 W. Red Oak Lane, White Plains, N.Y. 10604 Phone: 914-694-6070 Website: houlihanparnes.com Licensed agents and/or brokers: 13 agents Towns and cities served: New York, New Jersey, Connecticut and nationwide Services: consulting, leasing, property management, finance and sales Properties serviced: office, retail, industrial, land and multifamily Year established: 1981
HOWARD PROPERTIES LTD.
3 Barker Ave., White Plains, N.Y. 10601 Phone: 914-287-0033 Website: howprop.com Licensed agents and/or brokers: one agent, one broker Towns and cities served: national and international Services: consulting, leasing and sales Properties serviced: office and industrial Year established: 1998
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
When Commercial Site and Landscape Conditions Are Just Not Working SEVEN SECRETS TO A SUCCESSFUL SPEC REVIEW
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reparing a spring landscape strategy is vital. It’s an important part of every property manager’s job during this time of year.
As the end of winter nears and even before the spring flowers start to bloom, facility managers are asking themselves: are my specifications working for my property? How can I ensure that my landscape makes a quick recovery from winter’s heavy snow and severe cold temperatures?
and identify the critical factors and the details that determine that the job/operation is properly performed to your sites and stakeholders’ expectations and goals. (Be clear, simple and specific.) Don’t forget the changing factors. Specifications may change in various areas of your site; the formal hedge at the main entry may need to
be pruned three-to-four times to always be crisp, while a hedge in the rear of the property may only need to be pruned twice. Be specific! Avoid the term “as needed.” Does “as needed” mean changing the anticipated service from one time per week to two times per week or daily? “As needed,” without further clarity, can
be a point of disagreement between owner/ manager and vendor. For example “prune as needed” can be interpreted as once to one bidder, twice to another and three to someone else. Check licensing. Licensing is important. Ensure that the bidders are licensed in turf/ ELM CONTINUED ON PAGE 26
SPRING WILL COME … WE PROMISE! READY TO MAXIMIZE YOUR CURB APPEAL? DON’T DELAY! Eastern Land Management services businesses throughout southern Connecticut and the New York metropolitan area by providing comprehensive property care.
Let the experts at ELM secure a successful landscape maintenance and recovery strategy for your property this spring. We perform complimentary commercial property assessments. Get a jump-start while
“Your outdoor space is the very first thing customers, tenants, employees and visitors see when they arrive. That’s why it’s so important to perform regular check-ups and evaluations,” said Bruce T. Moore Sr., President/CEO, Eastern Land Management (ELM). “No beautifully designed and professionally installed landscape can stay beautiful without annual updates and enhancements to the plan.” If you have been finding yourself in discussions on how you and landscape-services providers “interpret” portions of your spec or if you find that your site is “settling” for something in between what you wanted and what the provider bid, then it is probably time for a spec review. Here are seven tips for a smooth and successful process: Timing is everything. Take a step back and think about how long it’s been since your landscape specs were updated. If it’s been more than four-to-five years, your landscape has been growing and changing and in turn, your maintenance specifications need to update, too. Make a list and review your specs. Are all of the landscape components in? (Think turf, shrub beds, hedges, ground covers, flowerbeds, trees, mulched beds, walkways and paved areas.) Fully explain. Describe the work to be done
REAL ESTATE
there is still time to put careful thought into this year’s landscape maintenance program.
Enhancing your image from the ground up. landscape management | water management | snow services easternland.com 203.316.5433
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
JONES LANG LASALLE AMERICAS
100 First Stamford Place, Suite 201, Stamford, Conn. 06902 Phone: 203-705-2220 Website: us.joneslanglasalle.com/ct-westchester Licensed agents and/or brokers: NA Towns and cities served: Fairfield and Westchester counties and Hudson Valley Services: consulting, leasing, project and development services, property management and sales Properties serviced: industrial, land and office Year established: 1899
180 S. Broadway, White Plains, N.Y. 10605 Phone: 914-287-0033 Website: katterproperty.com Licensed agents and/or brokers: two Towns and cities served: Westchester and Putnam counties Services: provides services directly to tenants and landlords marketing office, retail and industrial spaces, consulting services to investors and sellers and leasees/leasors Properties services: office, retail, industrial and land Year established: 1985
(Division of Keller Williams Realty) 120 Bloomingdale Road, Suite 101, White Plains, N.Y. 10605 Phone: 914-437-6100 Website: kwcommercial.com Licensed agents and/or brokers: one broker located in the White Plains office Towns and cities served: Bedford, Irvington, Hawthorne, New York City, Sleepy Hollow, Manhattan, Harrison, Pelham, White Plains, Larchmont, Rye, Ardsley, Dobbs Ferry, Greenburgh, Scarsdale, Mount Kisco, Mamaroneck, Eastchester, Armonk, New Rochelle, Port Chester Services: consulting, leasing, property management, sales and business opportunities Properties serviced: industrial, land, multifamily, office and retail Year established: 2008
LARRY KATZ COMMERCIAL REALTY
160 East Ave., No. 1, Norwalk, Conn. 06851 Phone: 203-247-5931 Website: larrykatzrealty.com Licensed agents and/or brokers: one agent, one broker Towns and cities served: Fairfield County Services: leasing and sales Properties: industrial, land, multifamily, office and retail Year established: 2004
LAURENCE LONDON & COMPANY LLC
175 E. Middle Patent Road, Bedford, N.Y. 10506 Phone: 914-774-2550 Website: londonllc.com Licensed agents and/or brokers: one broker Towns and cities served: Westchester and Fairfield counties Services: leasing and sales Properties serviced: office, retail, industrial, land and multifamily Year established: 2012
REAL ESTATE
218 Greenwich Ave., Goshen, N.Y. 10924 Phone: 845-294-1000 Website: mansfieldcommercial.com Licensed agents and/or brokers: one agent, one broker Towns and cities served: Orange County, N.Y. Services: leasing and sales Properties serviced: industrial, land, office and retail Year established: 1997
MARTIN REAL ESTATE LLC
KATTER PROPERTY COMPANY INC.
KW COMMERCIAL
MANSFIELD COMMERCIAL REAL ESTATE
2874 Main St., Suite 2A, Stratford, Conn. 06614 Phone: 203-377-7510 Website: martinrealestate.org Licensed agents and/or brokers: five agents Towns and cities served: Fairfield County Services: property management, leasing, sales and consulting Properties serviced: industrial, land, multifamily, retail and office Year established: 2006
MCCARTHY ASSOCIATES
170 Hamilton Ave., White Plains, N.Y. 10601 Phone: 914-948-8900 Website: mcoc.com Licensed agents and/or brokers: four agents, one broker; one broker serving Fairfield County Towns and cities served: Fairfield and Westchester counties Services: consulting, office leasing and sales Properties serviced: office, retail, industrial and land
NATIONAL RESOURCES
485 W. Putnam Ave., Greenwich, Conn. 06830 Phone: 203-661-0055 Website: nationalresources.com Licensed agents and/or brokers: NA Towns and cities served: Greater New York City metropolitan area, including New York state, New Jersey and Connecticut Services: leasing, sales and property management Properties serviced: industrial, land, multifamily, office and retail Year established: 1993
NEW ENGLAND LAND CO. LTD.
135 E. Putnam Ave., Greenwich, Conn. 06830 Phone: 203-661-6004 Website: newenglandlandcommercial.com Licensed agents and/or broker: two agents serving Fairfield County; two agents serving Westchester County Towns and cities served: Greenwich and Stamford, Conn.; Rye and White Plains, N.Y. Services: consulting, leasing, property management and sales Properties serviced: industrial, land, office and retail Year established: 1971
NEW YORK COMMERCIAL REALTY GROUP LLC
500 Mamaroneck Ave., Suite 320, Harrison, N.Y. 10528 Phone: 914-287-6410 Website: nycrgroup.com Licensed agents and/or brokers: two brokers Towns and cities served: Bronx, Rockland and Westchester counties Services: leasing and sales Properties serviced: office, retail and industrial Year established: 2005
20
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
Carmody’s Real Estate Group – Local Presence, Market Knowledge And Expanded Resources
c
Carmody Torrance Sandak & Hennessey LLP is a Connecticut-based law firm serving a wide range of businesses, utilities, governmental entities and individuals. With
more than 70 attorneys and offices in New Haven, Stamford, Waterbury and Southbury, we practice in nearly 30 specific areas of law, with each lawyer skilled in multiple related areas of practice. We believe that great lawyering is the result of partnering with clients so that expectations are clear, client needs are anticipated and the legal process is efficient. We aim to become an extension of your team and a valuable asset of your business. This approach has resulted in longstanding relationships with major clients and has created “institutional knowledge” that is a reality rather than a catch phrase.
Our Real Estate Group Carmody represents individuals, developers and investors in a broad range of real estate matters, including acquisitions, sales, financing, leasing, construction, project de-
velopment, environmental, asset operations and management and tax and assessment disputes. We also have a long history of representing utilities in related real estate matters.
Some of our specific practice strengths include: • • • • • • • • • • • • • • • • •
Planning of new structures and redevelopment Project development Commercial leases Zoning and land use Purchase and sale agreements Public finance Closings Environmental analysis/permitting Common interest ownership communities Construction contracts Condominiums Landlord tenant disputes Title review and insurance Boundary disputes Adverse possession litigation Commercial tax appeals Foreclosures
In the real estate industry, few decisions are more critical for success than choosing the right partners who can get the deal done. At Carmody, our Real Estate Group has the local presence and market knowledge coupled with the resources, depth and breadth to help you achieve your goals.
• •
Easements Conservation restrictions and easements • Eminent domain In the real estate industry, few decisions are more critical for success than choosing the right partners who can get the deal done.
At Carmody, our Real Estate Group has the local presence and market knowledge coupled with the resources, depth and breadth to help you achieve your goals. We understand that every deal is different and we know how to identify what your project needs and how to get it done.
NO M AT T E R HOW YOU L O OK AT I T, OU R F O C US R E M A I NS T H E S A M E : F O C USE D ON YOU R BUS I N E S S By understanding your business and the industries in which you operate, we never lose sight of what matters most to your success. DR I V E N BY YOU R S UC C E S S With a passion for solving problems and creating value, your business goals are always in focus.
For information, contact Brian T. Henebry at 203-573-1200. NEW HAVEN
REAL ESTATE
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SOUTHBURY
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
NEWMARK GRUBB KNIGHT FRANK
777 W. Putnam Ave., Greenwich, Conn. 06830 Phone: 203-531-3600
800 Westchester Ave., Suite 706, Rye Brook, N.Y. 10573 Phone: 914-881-1024 Website: ngkf.com Licensed agents and/or brokers: 13 agents serving Fairfield County and three agents serving Westchester county
Towns and cities served: Fairfield and Westchester counties Services: landlord representation, tenant representation, global corporate services, property management, investment and sales and project management
Properties serviced: retail, industrial, office, land and multifamily Year established: 1929
NORMANDY REAL ESTATE PARTNERS
The Exchange, 707 Westchester Ave., White Plains, N.Y. 10604 Phone: 914-988-1100 Website: normandyrealty.com Licensed agents and/or brokers: NA Towns and cities served: Westchester and Fairfield counties Services: construction, development, leasing and property management Properties serviced: office, retail and industrial Year established: 2002
NORTHEAST REALTY GROUP LLC
2 William St., Suite 410, White Plains, N.Y. 10601 Phone: 914-984-5050 Website: nerealtygroup.com Licensed agents and/or brokers: NA Towns and cities serviced: New York tristate areas, including Connecticut, New Jersey, Manhattan and Westchester counties Services: strategy and consulting, market analysis, brokerage, project management and portfolio management Properties serviced: industrial and office Year established: 1998
PLATZNER INTERNATIONAL GROUP LTD.
309 North Ave., New Rochelle, N.Y. 10801 Phone: 914-235-7770 Website: platznerinternational.com Licensed agents and/or brokers: two agents serving Fairfield County; 20 agents, six brokers serving Westchester County Towns and cities served: Westchester County, five boroughs of New York City and Putnam, Rockland, Sullivan and Dutchess counties, N.Y. Services: consulting, leasing, property management and sales Properties: industrial, land, multifamily, office and retail Year established: 1940
PLI MANAGEMENT
(A division of Prime Locations Inc.)
733 Yonkers Ave., Yonkers, N.Y. 10704 Phone: 914-963-7400 Website: plimanagement.com Licensed agents and/or brokers: two brokers, 12 agents Towns and cities serviced: Westchester County and surrounding areas Properties serviced: apartments, land, office and retail Year established: 1988
REAL ESTATE
PRINceTON REALTY GROUP
333 N. Bedford Road, Suite 140, Mount Kisco, N.Y. 10549 Phone: 914-747-5000 Website: princetonrealtygroup.com Licensed agents and/or brokers: six agents, one broker serving Westchester County; one agent serving Hudson Valley; and three agents, one broker serving Fairfield County Towns and cities serviced: Bronx, Putnam, Rockland and Westchester counties Services: consulting, financing, leasing, property management and sales Properties serviced: office, industrial, land, multifamily and retail
PYRAMID REAL ESTATE GROUP
250 Summer St., Suite 3-1, Stamford 06901 Phone: 914-348-8566 Website: pyramidgroup.com Licensed agents and/or brokers: five agents, four brokers Towns and cities served: lower Fairfield County Services: consulting, leasing, property management and sales Properties serviced: industrial, land, office and retail Year established: 1973
RABIN PROPERTIES INC.
84 Rogers St., Tuckahoe, N.Y. 10707 Phone: 914-779-7000 Website: rabinpropertiesinc.com Licensed agents and/or brokers: 3 agents, two brokers Towns and cities served: five boroughs of New York City, Westchester and Rockland counties Services: leasing, property management and sales Properties serviced: industrial, land, office and retail Year established: 2000
RAKOW COMMERCIAL REALTY GROUP
6 Landmark Square, Stamford, Conn. 06901 Phone: 203-359-5703 ext. 10
10 New King St., Suite 212, White Plains, N.Y. 10604 Phone: 914-422-0100 ext. 10 Website: rakowgroup.com Licensed agents and/or brokers: 10 agents, two brokers Towns and cities served: Fairfield and Westchester counties and beyond Services: representing tenants, landlords and investors Properties serviced: industrial, land, multifamily, office and retail Year established: 1985
RAND COMMERCIAL SERVICES
268 Main St., Suite B. New City, N.Y. 10956 Phone: 845-770-1205 Website: randcommercial.com Licensed agents and/or brokers: 35 Towns and cities served: Westchester and Fairfield counties, Hudson Valley and northern New Jersey Services: expertise in commercial real estate development, land sales, condo conversion, investment and corporate relocation Properties serviced: industrial, land, multifamily, office and retail Year established: 1980
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
When a top rated financial services company needs to be absolutely sure its operations will continue—no matter what the weather decides to do—NewOak Capital depends on the Matrix Corporate Center, Danbury.
When a leading content provider in the fast paced world of media publishing required office space that reflected its unique creative identity, Belvoir Publications relied on Matrix Norwalk.
39 Old Ridgebury Road, Danbury ▪ 535 Connecticut Avenue, Norwalk
Contact Aaron Smiles, Managing Director, Commercial Leasing (631) 618-1622 ▪ asmiles@matrixrealtygrp.com Class A Office Space & Amenities in Fairfield County, CT ▪ 5,000-350,000 sq/ft available
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
RAND REAL ESTATE SERVICES INC.
RYER ASSOCIATES COMMERCIAL REAL ESTATE INC.
RECKSON
SAUGATUCK COMMERCIAL REAL ESTATE LLC
360 Hamilton Ave., White Plains, N.Y. 10601 Phone: 914-750-7200 Website: slgreen.com Licensed agents and/or brokers: three Towns and cities served: Westchester and Fairfield counties Services: leasing, property management, construction and architecture Properties serviced: land, office and retail Year established: 1997
SCHATZ REALTY GROUP
265 Post Road West, Westport, Conn. 06880 Phone: 914-226-8727 Website: randrealestate.com Licensed agents and/or brokers: six agents, two brokers Towns and cities served: Connecticut, New York City and Miami Services: consulting, leasing, property management and sales Properties serviced: office, retail, industrial, land and multifamily Year established: 1980
103 Mill Plain Road, Danbury, Conn. 06811 Phone: 203-797-0200 Website: ryer.com Licensed agents and/or brokers: four agents, one broker Towns and cities serviced: Bethel, Brookfield, Greater Danbury, Newton and Ridgefield Services: consulting, sales and leasing Properties serviced: office, industrial, land and retail Year established: 1972
(A division of SL Green Realty Corp.) 1 Landmark Square, Stamford, Conn. 06901 Phone: 203-363-2500
9 Burr Road, Westport, Conn. 06880 Phone: 914-222-4190 Website: saugatuckcommercial.com Licensed agents and/or brokers: five brokers Towns and cities served: Connecticut, Massachusetts, New York and Rhode Island Services: leasing, retail and landlord representation, sales and investment properties Properties serviced: land, office and retail Year established: NA
RHYS
9 W. Broad St., Third floor, Stamford, Conn. 06902 Phone: 203-274-9800 Website: rhysre.com Licensed agents and/or brokers: 15 agents and one broker Towns and cities serviced: Connecticut, New Jersey, New York and Rhode Island Services: consulting, cost recovery and audit programs, leasing, portfolio, representation and management, project management and sales Properties serviced: office, retail, land, industrial and multifamily Year established: 2009
RMS COMPANIES
75 Camp Ave., Stamford, Conn. 06907 Phone: 203-968-2313 Website: rms-companies.com Licensed agents and/or brokers: four agents, one broker Towns and cities served: Stamford, Norwalk, Bethel and Danbury, Conn. Services: consulting, leasing, property management and sales Properties serviced: multifamily and office Year established: 1995
ROYAL PROPERTIES INC.
SEABOARD PROPERTY MANAGEMENT
1 Atlantic Street, Stamford, Conn. 06901 Phone: 203-357-1600 Website: seaboardproperties.com Licensed agents/brokers: NA Towns and cities served: Stamford, Conn. Services: property management Properties serviced: industrial, multifamily, office, retail and hospitality Year established: 1990
SIGNATURE GROUP LLC
850 Bronx River Road, Bronxville, N.Y. 10708 Phone: 914-237-2403 Website: royalproperties.com License agents and/or brokers: one agent, one broker serving Westchester County; one agent serving Hudson Valley; and one agent serving Fairfield County Towns and cities served: Brooklyn, Bronx, Orange, Putnam, Rockland and Westchester counties Services: consultation, leasing, property management and sales Properties serviced: office, retail and land Year established: 1993
REAL ESTATE
109 Croton Ave., Ossining, N.Y. 10562 Phone: 914-941-7564 Website: schatzrealtors.com Licensed agents and/or brokers: four agents Towns and cities served: Dutchess, Orange, Putnam, Rockland and Westchester counties, N.Y. Services: consulting, leasing, sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1960
3 Parklands Drive, Darien, Conn. 06820 Phone: 203-655-1414 Website: signatureg.com Licensed agents and/or brokers: three agents, two brokers serving Fairfield County; three agents, two brokers serving Westchester County Towns and cities served: Fairfield and New Haven counties, Conn.; and Westchester County Services: cost segregation, leasing, property management and sales Properties serviced: industrial, office and retail Year established: 1970
T SQUARE PROPERTIES INC.
56 Lafayette Ave., White Plains, N.Y. 10603 Phone: 914-328-7511 Website: tsquareproperties.com Licensed agents and/or brokers: four brokers Towns and cities served: Westchester, Rockland and Dutchess counties Services: consulting, leasing, property management and sales Properties serviced: land, industrial, office and retail Year established: 1983
24
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
Still Renting? Think Again! For as little as $2,197 a month, you can OWN a luxurious new home at Trump Parc Stamford, Fairfield County’s best-selling, high-rise condominium. Enjoy breathtaking views, your own pool, gym, screening room, roof-top observation deck and other spectacular Trump quality amenities with white glove service. So, why rent when you can OWN a new home at Trump Parc for less than your monthly cost of renting. Now more than 85% sold, with 17 homes available. Ask about our 4 remaining duplex penthouses.
Remaining Available Trump Parc Homes 1 Bedroom Residences
3 Bedroom Residences
Floor
Unit
Sq. Ft. Type
Price
*After Tax Total Monthly Carrying Cost
Floor
Unit
Sq. Ft. Type
Price
*After Tax Total Monthly Carrying Cost
15
C
1,106
1BR/1.5BA
$567,000
$2,224
15
A
1,825
3BR/3.5BA
$895,000
$3,591
17
C
1,106
1BR/1.5BA
$587,000
$2,278
33
PH-C 1,863
3BR/3.5BA
$1,250,000 $4,398
18
C
1,106
1BR/1.5BA
$597,000
$2,300
29
PH-A 1,825
3BR/3.5BA
$1,300,000 $4,401
20
B
1,112
1BR/1.5BA
$635,000
$2,384
22
PH-C 1,106
1BR/1.5BA
$650,000
$2,279
21
B
1BR/1.5BA
$655,000
$2,424
1,112
*Includes an 80% loan with an interest only non-conforming 7-yr ARM, monthly property taxes, common fees and parking charges. Assumes a 35% tax bracket. This is an “all in monthly cost” estimate.
More Than $125 Million Sold!
2 Bedroom Residences Floor
Unit
Sq. Ft. Type
Price
*After Tax Total Monthly Carrying Cost
10
F
1,530
2BR/2.5BA
$595,000
$2,732
15
D
1,436
2BR/2.5BA
$720,000
$2,860
19
F
1,530
2BR/2.5BA
$720,000
$3,017
23
PH-E 1,530
2BR/2.5BA
$750,000
$3,086
32
PH-E 1,530
2BR/2.5BA
$840,000
$3,420
29
PH-D 1,684
2BR/2.5BA
$930,000
$3,629
33
PH-B 1,738
2BR/2.5BA
$930,000
$3,796
27
PH-F
2BR/2.5BA
$1,233,900 $3,966
1,677
TrumpParcStamford.com 203 878 6766 A LEED Qualified Green Building. FHA Approved. Another RICH residential experience. This advertisement is not an offering. No offering can be made without a Public Offering Statement. The Declarant, 33 Broad Street Associates, LLC will provide a Public Offering Statement prior to any sale or any offering for sale. The Declarant, 33 Broad Street Associates, LLC is registered as a New Home Construction Contractor under Connecticut Registration Number 11411. As to New York Residents, the complete offering terms are in an Offering Plan available from Sponsor; File No. CD10-0047. Any offering, when made is not intended for residents of any other jurisdiction where governmental approval or registration is required. © 2010 Trump Parc is a registered trademark of Donald J. Trump. Trump Parc® Stamford is not owned, developed or sold by Donald J. Trump, The Trump Organization or any of their af_liates. 33 Broad Street Associates II, LLC, the owner and developer of the property, uses the “Trump” name and mark under license from Trump Marks Stamford LLC, which license may be terminated or revoked according to its terms. In addition, the Trump Corporation was retained to manage the operations of Trump Parc® Stamford pursuant to the terms of a management agreement, which agreement may be terminated according to its terms.
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
REAL ESTATE
COMMERCIAL REAL ESTATE FIRMS
TAMERLAIN REALTY CORP.
629 Fifth Ave., No. 219, Pelham, N.Y. 10803 Phone: 914-637-0800 Website: tamerlainrealty.com Licensed agents and/or brokers: seven agents and brokers Towns and cities served: Westchester County Services: commercial, property, leasing and sales Properties serviced: industrial, retail, land and office Year established: 1971
TOWER REALTY CORP.
246 Federal Road, Brookfield, Conn. 06804 Phone: 203-775-5000 Website: towercorp.com Licensed agents and/or brokers: six agents, one broker Towns and cities served: Greater Danbury area, Conn. Services: consulting, leasing and sales Properties serviced: industrial, land, multifamily, office and retail Year established: 1988
SIMONE —
➤ FROM PAGE 5 the park’s medical tenants include Burke Rehabilitation, ENT & Allergy Associates, Greenwich Hospital, Northern Westchester Hospital Associates, Rye Orthopedic Associates and Greenwich Oral & Maxillofacial Surgery Associates to name a few. The exclusive leasing agent for Purchase Professional Park is Newmark Grubb Knight Frank. The Purchase Professional Park is another world-class development of Simone Development Companies, a full-service real estate investment firm specializing in the acquisition and development of commercial, health care, industrial, retail and residential properties throughout the tri-state region. Headquartered in the Bronx, the privately held com-
pany owns and manages a diverse portfolio of more than 100 commercial properties exceeding 5 million square feet in the Bronx, Manhattan, Westchester County, Queens, Long Island and Connecticut. Simone’s largest and most successful development is the 42-acre Hutchinson Metro Center office complex located directly off the Hutchinson River Parkway in the Bronx. Simone’s development partner, Fareri Associates LP of Greenwich, is a family-owned and operated real estate investment and construction company focusing on development and re-development of office, retail, mixeduse and residential properties primarily in Fairfield County, Conn., and Westchester County.
TRANSWESTERN
67 Holly Hill Lane, Greenwich, Conn. 06830 Phone: 203-637-9300 Website: transwestern.com Licensed agents and/or brokers: two agents/brokers Towns and cities served: Westchester and Fairfield counties Services: consulting, leasing and sales Properties serviced: industrial, land, office and retail Year established: 1978
VIDAL/WETTENSTEIN LLC
719 Post Road East, Westport, Conn. 06880 Phone: 203-226-7101 Website: vidalwettenstein.com Licensed agents and/or brokers: five brokers Towns and cities served: Fairfield and New Haven counties Services: consulting, leasing and sales Properties serviced: industrial, land, office and retail Year established: 1968
BLT —
➤ FROM PAGE 15 The waterfront is a centerpiece of what makes Harbor Point such a vibrant environment, and additional planned developments along the West branch of Stamford Harbor promise to add further excitement this summer. At Davenport & Stamford Landing, a 14acre stretch of land will be redeveloped into an exciting mix of public spaces, residential apartments, restaurants, offices and waterdependent uses—including a modern boatyard— that will increase public access to the Stamford waterfront. The adjacent Stamford Landing, home to waterfront restaurants Dolce Cubano and Crab Shell, will be expanded
under the new plan with the development of 108 residential units. The combined project will create a pedestrian link from Boccuzzi Park to the Stamford Transportation Center, South End and Downtown creating an active pedestrian streetscape on Southfield Avenue and extensive boardwalk along the Harbor. A full calendar of events, including 5k races, movies in the park, farmers markets, an arts festival, boardwalk yoga and more will augment Harbor Point’s rich, diverse mix of residential, commercial, and retail options. So this spring, don’t daydream when a world of living and lifestyle options is so close by.
WFL REAL ESTATE SERVICES LLC
162 East Ave., Suite 1A, Norwalk, Conn. 06851 Phone: 203-604-1390 Website: wflrealestate.com Licensed agents and/or brokers: three agents, one broker Towns and cities served: Fairfield and Westchester counties Services: leasing, property management and sales Properties serviced: industrial, multifamily and retail Year established: 1998
REAL ESTATE
ELM —
➤ FROM PAGE 19 tree/shrub applications as well as irrigation. Get a clear definition of “weed free.” Is the overall goal for the weeds not to be more than oneinch tall or never over a half-inch in height and comprising more than 5 percent of overall mulched area or in select areas, not present at all? For a spec review and upgrade, consider what has and has not worked. Add frequencies, clarity and know what your expectations and tolerances are in order to reshape your spec into a clear, working document for managers and service providers.
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Need an annual review? ELM sees and writes hundreds of specifications. As a singlesource provider of commercial landscape management services, their seasoned property managers are readily available to facility managers, functioning as their eyes and ears on the ground. They perform no-cost site evaluations, landscape design and installation services, maintenance, pest-control applications and the latest in landscape irrigation systems. For more information, call 203-316-5433 or visit easternland.com.
AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
learn about important industry news from The Builders Institute of Westchester! Group Savings on Insurance • Learn about the discounts available
Exciting Meetings • Relevant Topics • Networking with other contractors, suppliers, and key decision makers • Free Food and Drinks
Meetings Dates/Topics: Thursday, March 12, 6:30 pm
Tax, Accounting, and Financial Planning For Construction Industry Members
Thursday, April 9, 6:30 pm
How to Better Market and Grow Your Construction Business
Thursday, May 14, 6:30 pm
Con Edison Electric & Gas Issues Facing the Building Industry
All MEETInGS HElD AT:
The Crowne Plaza Hotel 66 Hale Ave, White Plains, NY 10601 914-682-0050
RSVP Required: Call 914-273-0730 Meetings sponsored in part by:
The Builders Institute of Westchester (BI)
80 Business Park Drive, Suite 309, Armonk, NY 10504 914-273-0730 • www.buildersinstitute.org Westchester & the Hudson Valley’s largest Building & Realty Group with over 1,500 members
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 9, 2015
THE LIST
YACHTS AND MARINAS
FAIRFIELD COUNTY
Yatchs and Marinas Listed alphabetically. Company name Address Area code 203, unless otherwise noted Website
Type
Description
Public
Marine maintenance and equipment
Private
Encouraging yachting and yacht racing; offering athletic programs that build community sportsmanship and team skills
Public
Community marina offering full-service technicians on site, fueling and rentals
Public
Various locations throughout New England; for the casual cruiser, ocean voyager or competitive sailboat racer
Private
Family-oriented club focused on sailing, fellowship and member racing
Private
A community of sailors and their families; facility includes racing, social, cruising and other sailing-related activities
Private
Amenities include a launch service, racks for inflatables, kayaks, sunfishes, canoes and space for beached dinghies
Private
Facilities include billiards/darts area, kitchen deck, docks, deck and deck house
Private
Club encourages yachting, boating and related activities
Public
Boat-lift sales and installation, boat-lift service and custom docks
Private
Encouraging the sport of yachting, the art of yacht design and construction and the science of seamanship and navigation
Private
Nonprofit, family-oriented club
Private
A volunteer-based nonprofit club for town residents with an appreciation for boating, fishing and the waterfront environment
Private
Club provides amenities, such as a full-service restaurant, swimming pool and marina
Public
Amenities include a yachting center with a well-protected deep-water basin; floats, piers and ramps; mini-golf, picnic and barbeque areas; restaurant; ships store and gift boutique; and staff of mechanics and technicians
Private
Known for its junior sailing program and an active adult sailing program; club features a clubhouse and mooring field with launch service
Private
Yacht club for all types of boating open to Greenwich residents
Private
Gallery and dining room, as well as an active junior program, large cruising and pond yacht fleets
Private
Club is private with more than 400 members but remains open to the public, catering and venue options, docks and dine slips available to accommodate all yachts
Public
A boating club that offers brokerage, yacht charter, repairs, storage and equipment
Private
Cruising, fishing, racing and a busy year-round entertainment schedule
Public
Club offering sales, service and storage of outboard boats
Private
Club, including sailing, tennis and platform tennis
Beacon Point Marine
49 River Road, Cos Cob 06807 • 661-4033 722 River Road, Shelton 06484 • 929-7444 beaconpointmarine.com
Black Rock Yacht Club
80 Grovers Ave., Bridgeport 06605 335-0587 • blackrockyc.org
Boardwalk Marina
955 Ferry Blvd., Stratford 06614 378-9300 • boardwalkmarinact.com
Brewer Yacht Haven
181 Harbor Drive, Stamford 06902 359-4500 • byy.com
Candlewood Yacht Club
7 Shore Drive, New Fairfield 06812 746-9303 • cycsail.org
Cedar Point Yacht Club Inc.
1 Bluff Point, Westport 06880 226-7411 • cedarpointyc.org
Darien Boat Club
135 Pear Tree Point Road, Darien 06820 655-1927 • darienboatclub.org
Fayerweather Yacht Club
51 Brewster St., Bridgeport 06605 576-6796 • fycct.org
Greenwich Boat & Yacht Club
9 Grass Island Road, Greenwich 06830 622-9558 • greenwichboatampyachtclub.wildapricot.org
Harry T. Tucker & Sons Inc.
490 Candlewood Lake Road, Brookfield 06804 775-9672 • tuckerdocks.com
Indian Harbor Yacht Club
710 Steamboat Road, Greenwich 06830 869-2484 • indianharboryc.com
Ischoda Yacht Club
138 Water St., South Norwalk 06854 853-8886 • ischoda.com
Mianus River Boat & Yacht Club
98 Strickland Road, Cos Cob 06807 869-4689 • mrbyc.com
Milford Yacht Club
131 Trumbull Ave., Milford 06460 783-0060 • milfordyachtclub.com
Norwalk Cove Marina Inc.
48 Calf Pasture Beach Road, Norwalk 06855 838-2326 • norwalkcove.com
Norwalk Yacht Club
10 Nathan Hale Road, Norwalk 06854 866-0941 • norwalkyachtclub.com
Old Greenwich Yacht Club
P.O. Box 162, Old Greenwich 06870 637-3074 • ogyc.org
Pequot Yacht Club
669 Harbor Road Southport 06890 255-5740 • pequotyc.com
Ponus Yacht Club Inc.
41 Bateman Way, Stamford 06902 323-7157 • ponusyachtclub.com
Rex Marine Center Inc.
144 Water St., South Norwalk 06854 203 866 5555 • rexmarine.com
Saugatuck Harbor Yacht Club
6 Great Marsh Road, Westport 06880 227-3607 • saugatuckharboryc.com
Seasons Marine Works
167 Rowayton Ave., Rowayton 06853 • 838-9038 . 609 Riverside Ave., Westport, CT 06880 • 222-9038 allseasonsmarineworks.com
Stamford Yacht Club
97 Ocean Drive West, Stamford 06902 323-3161 • stamfordyc.com
This list is a sampling of yachts and marinas serving the region. If you wish your club to be included in our next listing, please email Danielle Renda at drenda@westfairinc.com.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 17
Jazz Instrumental Pair Performs About four years ago, guitarist Thom Gomez and saxophonist/flutist Rick Sadlon teamed up to form Gomez&Sadlon, a smooth jazz duo that performs a repertoire of classic standards and popular, light rock musical selections in an easyto-listen-to instrumental jazz style. Their music has been described as contemporary, melodic and smooth, yet artistic and the two musicians have the ability to interpret the music in a manner that appeals to wide range of audiences. Gomez&Sadlon has performed in venues throughout the state for various events and occasions and have steadily increased their number of performances each year since their inception. In addition to performing their increasingly indemand schedule of private parties, events and receptions throughout the area, the duo plans appearances in 2015 at McLaughlin Vineyards in Sandy Hook on May 10 and July 12. They recently announced performances to be held regularly Sunday evenings from 5:30 -8:30 p.m. at the Barnwood Grill, 5 Queen St., Newtown. Gomez grew up and studied guitar in the greater New York area before moving to Connecticut with his family and was actively involved in the jazz scene in the Hartford area. Sadlon, currently director of music for the Darien Public Schools, performed for seven years as a member of the Goodspeed Opera House Orchestra and spent three years performing in Switzerland as a member of the Musical Theater Zurich Orchestra and most recently has been performing in an ensemble called “New Duke” performing the music of Duke Ellington. The music for this group has been arranged in fresh contemporary settings by Brian Torff, professor of jazz studies at Fairfield University. Enhanced with various background tracks, the high-quality sound, artistry and repertoire of this duo is quite unique and gets a surprisingly full and beautiful sound. Samples of their music and client reviews can be found at: gigmasters. com/jazz-duo/gomezandsadlon or on their website at: gomezandsadlon.wix.com/gomezandsadlon. For additional information, contact them at: gomezandsadlon@att.net. Thom Gomez, Rick Sadlon Members, Cultural Alliance of Fairfield County
The mission of the Cultural Alliance of Fairfield County is to support cultural organizations, artists and creative businesses by providing promotion, services and advocacy. For more information, visit CulturalAllianceFC.org or email infoCulturalAllianceFC.org or call 256-2329. For events lists, visit FCBuzz.org.
FCBUZZ
Arts & Culture of Fairfield County
‘On Golden Pond’ on stage in Darien This month, Darien Arts Center Stage is producing “On Golden Pond” by Ernest Thompson, a heartwarming production that is the first of many events planned to mark the 40th anniversary of the Darien Arts Center in 2015. “On Golden Pond” is a charming slice-of-life play, focusing on aging couple Ethel and Norman Thayer, who spend each summer at their home on the pond. As the story unfolds, daughter Chelsea and her fiancé Billy Ray and his son visit the Thayers at their summer home. The play explores the often-turbulent relationship Chelsea shared with her father growing up and the difficulties faced by the older couple in their twilight years. Patrick Kiley directs this sentimental and at-times humorous DAC Stage production that encompasses universal family themes, including love, loss, aging, resentment and forgiveness. The cast of “On Golden Pond” includes David Jackins as Charlie Martin, the local postman, Nancy Sinacori as Ethel Thayer, DAC Kids’ Theatre teacher and veteran actress Kitty Robertson as Chelsea Thayer Wayne, veteran actor Will Jeffries as Norman Thayer, MacKay Mumford as Billy Ray, and Eric Dino as Bill Ray Sr. Performances are March 13, 14, 15, 20, 21 and 22 in the DAC Weatherstone Studio. Friday and Saturday shows are 8 p.m. and Sunday matinees are 2 p.m. Tickets are $20 and can be purchased online at darienarts.org or by calling the DAC box
office at 203-655-5414. The DAC is at 2 Renshaw Road, behind the Darien Town Hall.
Symphony and choral group present Mozart The Stamford Symphony with the Greenwich Choral Society will perform the Mozart’s “Requiem” on Saturday, March 14, 8 p.m., and Sunday, March 15, 3 p.m., at Stamford’s Palace Theatre. The Stamford Symphony welcomes back the Greenwich Choral Society led by Paul F. Mueller, music director and conductor. The chorus has a long history of performing great choral works locally and internationally. In past years, the choral society has performed in New York City at St. Patrick’s Cathedral, Carnegie Hall, St. Thomas Church and the Cathedral of St. John the Divine. In addition to Mozart’s “Requiem,” the symphony will perform living composer Philip Glass’s Symphony No. 3. Both of these pieces are sure to lift you out of the present into another world altogether. The unfinished work of Mozart’s “Requiem” has long been the subject of many myths and rumors. It proved to be enough materials to spawn a Broadway hit and Hollywood blockbuster: “Amadeus.” The other work, Glass’s Symphony No. 3, is a hypnotic work for string instruments, composed in 1994. As a living composer, Philip Glass
is considered one of the founders of minimalism and his innovative compositions have produced crossover success in the pop charts. Led by Eckart Preu, music director, the Stamford Symphony aspires to build a lifelong appreciation of classical music among all populations of Stamford and neighboring communities. The concert is at Stamford’s Palace Theater, the home of the Symphony. For more information, call the box office at 203-325-4466 or visit stamfordsymphony.org.
Visit FCBuzz.org for more information on events and how to get listed. 18 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Presented by: Cultural Alliance of Fairfield County
SPECIAL REPORT
ACCOUNTING
Holmesian lawyer known for shutting down Ponzi schemes BY COLLEEN WILSON cwilson@westfairinc.com
I
f Sir Arthur Conan Doyle had written a white-collar crime series, it probably would have resembled the resume of a prominent lawyer and partner at the White Plains, N.Y., office of the firm Wilson Elser Moskowitz Edelman & Dicker LLP. And in place of the famous crime-fighting Brit, Sherlock Holmes, would be Thomas R. Manisero, who prefers a tennis hobby to Holmes’ violin, and who articulates with a clear and patent Brooklyn accent rather than biting English snark. “I wanted to be Sherlock Holmes,” Manisero said when he described how he went from being a forensic science major at the John Jay College of Criminal Justice to earning a criminal justice degree that would take him to law school. And now, a lot of his job is forensics – “It’s financial forensics,” he said. A 32-year tenure with Wilson Elser – which started within a year of graduating from St. John’s University School of Law in 1982 – has exposed Manisero to impersonators, forged letterheads and audit statements, fake companies, federal wiretapping and millions of mismanaged dollars. What began as a commercial litigation career covering business disputes quickly expanded to accountants and auditors when they faced the likes of Ponzi schemers and celebrities whose net worth, or lack thereof sometimes, finds the public eye more easily than most. “I was working with a lot of financial cases,” Manisero said. “I started having an understanding of financial statements, what it was that accountants do, what auditors do … and it progressed to a point that I was representing accounting firms when they were being sued for malpractice.” Manisero, who grew up a military brat and at 58 still has a trim, broad-shouldered figure, doesn’t scare easily. He talks about his dealings with the U.S. Securities and Exchange Commission and U.S. attorney’s office with a humble nonchalance. He is unfazed but elaborate when describing a “whole rash of fraud where these Chinese companies didn’t exist” or subpoenas issued by the SEC to auditors he represents. But the litigator recounted the “all-time best” Ponzi scheme of his career as being both “bizarre” and “kind of scary.”
THE CAREER CASE The fraud, orchestrated by Marc S. Dreier, who headed the now-defunct law firm Dreier LLP, began to unfold when Manisero got a call in the fall of 2008 from a client, the accounting firm Berdon LLP. The client told Manisero that a hedge fund contacted Berdon about an “irregular” audit report on its letterhead that was included in an investor package to sell promissory notes. But Berdon had never audited the hedge fund. “So they send the package through to me,” Manisero recalled, and he found that the opinion was written incorrectly, the report was signed incorrectly and the letterhead was outdated. In the package, Manisero found a letter that referenced Dreier. “So I called him up,” Manisero said, and explained to Dreier that he had concerns about a fraudulent audit report and was looking for more information before reporting it to law enforcement. “And he gave me some B.S. story, which I told him, ‘That doesn’t make a lot of sense.’” Over the next few weeks, Dreier called Manisero back sporadically and tried to talk him out of reporting the package, saying it was a one-time, small mistake, Manisero said. “What he didn’t know is that I had the FBI agents on the phone, listening and recording,” Manisero said. Eventually more information started coming to light, and a co-conspirator came into the picture. Kosta Kovachev, who gave up his broker’s license in 2002 around the time he was named in a different multimillion-dollar Ponzi scheme, helped Dreier fool investors who pumped money into his plan. “I’m like, ‘Who am I playing with here?’” Manisero recalled thinking. “It was a little scary.” And then on Dec. 2, 2008, Dreier was arrested in Toronto, where he was caught impersonating a representative from the Ontario Teachers’ Pension Plan while trying to sell promissory notes to another hedge fund. He was rearrested for selling bogus notes shortly after he returned to New York. Dreier pleaded guilty in 2009 for masterminding a plan that included selling $700 million in fake promissory notes and ultimately creating $380 million in losses. He was sentenced to 20 years in prison. Kovachev pleaded guilty to wire fraud and conspiracy, and was sentenced to nearly four
Thomas R. Manisero of the law firm Wilson Elser in his White Plains office.
RECOGNITION Earlier this year, Thomas R. Manisero was named a BTI Client Service All-Star in a report published by the research firm BTI Consulting Group Inc., which determines the winners based on independent interviews with clients.
years in prison. (About a week after Dreier’s first arrest, Bernard L. Madoff was arrested and dominated the news cycle for his $50 billion Ponzi scheme, which he also pleaded guilty to in 2009.)
SWITCHING ROLES
More recently, Manisero has found himself representing individuals on the other side of the accusations. He is one of many lawyers representing the financial management company Anchin, Block & Anchin LLP, and its former principal, Evan H. Snapper, after they were sued in 2013 by novelist Patricia Cornwell, her wife and her company. Cornwell had granted Snapper power of attorney over her finances and assets, power that she said was exploited and poorly managed, costing her tens of millions of dollars. The lawsuit claimed negligence, breach of fiduciary duty and breach of contract. And after a seven-week trial, Cornwell won her case and was awarded $50.9 million. But almost a year ago this month, a fed-
eral judge in Boston granted a retrial and threw out some of the claims originally filed against Anchin and Snapper. Manisero said he could not elaborate the specifics of the case because it is ongoing, but said, “That was a tough verdict” – referring to the 2013 ruling – “and we believe that it was deservedly set aside.”
AGAINST THE ODDS
Manisero is about as unflappable as they come when he candidly chronicles highprofile cases and the celebrities he has dealt with during litigation. But while Manisero shrugs off the spotlight, there is a twinkling desire in the Bay Ridge-rooted lawyer to tackle the toughest cases. “In the public eye, it’s celebrity versus accountant; accountant loses,” he said. “The presumption always goes against them.” He then added: “It’s a difficult type of case to manage and you’ve got to manage not only the client’s expectation, but you have to manage the media. And that’s what makes them sort of challenging. Makes them fun, but makes them difficult.”
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 19
BY ERIC MEERMANN
New rule can make big difference in retirement contributions
P
eople who’ve made both pretax and after-tax contributions to their workplace retirement plan can now easily separate them when rolling them over to traditional and Roth IRAs, thanks to a recent IRS ruling. It can make a big difference for some. A big advantage is that after-tax contributions to a 401(k) or 403(b) plan now can be rolled over directly into a Roth IRA. Pretax contributions can be rolled over into a traditional IRA, where they’ll grow tax-deferred. Until recently, an employee whose retirement plan included both pretax and aftertax contributions faced a confusing situation when retiring or changing jobs. Each distribution had to include a prorated share of
after-tax and pretax contributions. When funds were sent to a Roth IRA, the account holder had to pay prorated taxes on the pretax portion of the transfer. When the funds were sent to a traditional IRA, investment earnings produced by after-tax dollars were simply tax-deferred. They would eventually be taxed at ordinary income rates, instead of at lower capital gains rates that would apply if the after-tax funds were not rolled over and simply invested in a taxable account. Under its Sept. 18 notice, the IRS now lets you separate blocks of contributions when choosing where to send them, as long as the distributions are made at the same time. Therefore, when you roll over your 401(k) or other qualified retirement plan, you can avoid rolling any portion of your after-tax
contributions into a traditional IRA, where any growth will be taxed at ordinary income rates when distributed. Because you can now direct rollovers to different accounts for pretax and after-tax contributions, you can match the tax character of the contributions to the retirement account that treats them most favorably. Let’s say Charles has $250,000 in his employer’s 401(k) plan, which does not offer a Roth option. He originally made $75,000 of pretax contributions and $50,000 of after-tax contributions. He retires and rolls over his assets to a traditional IRA and a Roth IRA. The basis in the 401(k) stays equal to the amount of after-tax contributions made: $50,000. Now, Charles can allocate $200,000 of pretax money to his traditional IRA and $50,000 of after-tax money to his Roth IRA – even if his income is too high to otherwise permit a Roth contribution.
WAY TO BOOST ROTH IRA CONTRIBUTIONS
Charles’ story shows why it is normally a bad deal to make after-tax 401(k) contributions while working. If you are a long way from retirement, you’ll get many years of growth, and all the growth on after-tax contributions will be taxed like pretax contributions when you make withdrawals when you retire. But it does work for some. The ability to roll over after-tax contributions into a Roth IRA tax-free lets you funnel money into your Roth through the back door when the front door is nailed shut. You can potentially add much larger amounts than the normal Roth limit, currently $5,500 annually, or $6,500 for people older than 50. Depending on what your employer’s retirement plan allows regarding the amounts and types of contributions, this change could prove a major boon. Let’s say Jean is a 60-year-old single per-
son who makes $200,000 this year. She plans to retire at 62. Because she has more than $129,000 of modified adjusted gross income, she can’t contribute to a Roth IRA. Her employer’s 401(k) plan allows for a maximum 20 percent contribution, or $40,000, but only $17,500 of it is pretax. Until recently, it wouldn’t have made sense for Jean to contribute the remaining $22,500 after tax. Now, she might want to. Since she can plan on rolling it over into a Roth IRA later, she can secure the Roth IRA’s powerful tax advantages today. (And even if her income is low enough to let her contribute to a Roth, she’ll be able to salt away more than $5,500 a year.) While many employer plans accept aftertax contributions, this strate�y will not make sense for everyone. Your age will be a large factor, because the length of time a contribution will grow in a given account may make it a more or less attractive option. If you’re going to retire fairly soon, the strate�y may be a good choice. In addition, you should consider the likelihood that you will remain in a similar tax bracket in retirement to that which you occupied while working. If you expect to drop to a lower one, or to move to a more tax-friendly state, you should consider your options in light of these long-term plans. If your employer plan includes a Roth 401(k) option, definitely use it instead of making other after-tax contributions. With it, all your contributions will grow tax-free, as they do in an individual Roth IRA. Eric Meermann is a certi�ied �inancial planner and portfolio manager with Palisades Hudson Financial Group, a wealth management �irm in Scarsdale, N.Y.. He can be reached at eric@palisadeshudson.com. Read Palisades Hudson’s daily column on personal �inance, economics and other topics at palisadeshudson.com/current-commentary. Follow the �irm on Twitter, @palisadeshudson.
Bringing companies in the New York Metro area to the next level for more than 30 years.
10 Esquire Road, Ste. 4, New City, NY 10956 488 Madison Avenue, New York, NY 10022 50 Jericho Quadrangle, Jericho, NY 11753
www.grassicpas.com
(845) 634-5300 (212) 661-6166 (516) 256-3500
20 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
ACCOUNTANTS & SUCCESS CONSULTANTS®
Tax department ups efforts to detect fraud
C
onnecticut Department of Revenue Services Commissioner Kevin Sullivan last month said the agency will contact some taxpayers by mail to verify their refund requests were filed by those taxpayers. “While we want to get refunds into the hands of taxpayers as quickly as we can, recent events require that we implement new measures to ensure that refunds are not being stolen,” Sullivan said in a statement. “We have been able to narrow a specific pool of questionable refunds to less than 1 percent of all of those requested. The final step is having taxpayers verify that they are the ones requesting the refund.” Verification letters will be sent to the taxpayer address on file with the Department of Revenue Services and will instruct taxpayers to go to the official DRS website at ct.gov/DRS. Only taxpayers whose refund requests are in question will receive a letter. “Earlier this month, DRS responded to some suspicious refund requests by
circumventing direct deposit and sending checks to the taxpayer address we have on file,” Sullivan said. “We have now received several calls and emails from individuals who said they did not file a 2014 Connecticut income tax return but got a check in the mail.” Individuals who did not file a return but who received a check are asked to write “void” across the front of the check and mail it with a note of explanation to the department. The department also posted a fraud alert, saying, “Taxpayers who try to file their income tax return and receive notification that a return has already been filed should contact the DRS Fraud Unit at 1-855-842-1441. They should also contact the IRS, the Federal Trade Commission and their local police department to report the fraud.” For taxpayers whose information has been compromised but who must still file a Connecticut income tax return, a paper return must be filed. — Bill Fallon
BlumShapiro makes run count for young campers
B
lumShapiro’s Shelton office is part of the company’s seven-year, sweatfueled effort to make summers better for 1,000 kids at Hartford’s Camp Courant. The BlumShapiro 5K for Camp Courant at the Travelers Championship is May 2 at the Tournament Players Championship River Highlands in Cromwell, 9:30 a.m. to 1:30 p.m. The day features run and walk races, a kids fun run and other family activities. “BlumShapiro’s Shelton office will be enthusiastically involved in all aspects of the May 2 5K as it brings our employees and families together for a cause that is very meaningful to us all,” said John Zinno, BlumShapiro Shelton office managing partner. Interested parties can register online at
The ability to tackle what’s next Wherever there is business to be done, you will find PwC providing insight, perspective and solutions. Helping your company succeed matters to you, and to us. That’s why PwC’s Private Company Services (PCS) practice has professionals dedicated to serving private companies and their owners from assurance and corporate tax services to helping you address your personal financial plans. Our 2015 Guide to Tax and Wealth Management publication provides insights into topics ranging from tax planning, estate and gift planning, to business succession, family meetings, family offices, risk management, and cross-border considerations. To find out more about PwC’s PCS practice, please call Tom Sullivan at (203) 539 3070. To receive a complimentary copy of the 2015 Guide, please contact PCSTaxGuide@us.pwc.com
www.pwc.com/pcs travelerschampionship.com. Registration fees vary. The race annually signals the kickoff to the Travelers Championship. People of all ability levels are welcome. The course is roads that line the fairways, greens and practice facility at TPC River Highlands in Cromwell. Activities also include mini golf putting greens, inflatables, face painting, games, clowns, jugglers, balloon artists and caricaturists. Food, beverages and music are on tap. All activities will start at 9:30 a.m. and end at approximately 1:30 p.m. A new postrace celebration with local food and exclusive beverage specials begins at 11:30 a.m. — Bill Fallon
© 2015 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the United States member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.
3/2/2015 5:35:42 PM 21 FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015
MW-15-1666-Westchester-Fairfield BJ Ad v6.indd 1
2015
40 40 FAIRFIELD COUNTY
UNDER
SCHEDULED FOR
JUNE 2015 PRESENTED BY THE FAIRFIELD COUNTY BUSINESS JOURNAL
CELEBRATING MORE THAN A DECADE OF RISING STARS Don’t miss out, place your nominations TODAY! Nominate a candidate (perhaps yourself) who fits the description of a young (under the age of 40), dynamic industry leader who is part of the county’s business growth. Candidate MUST work in Fairfield County and have not previously won the competition.
NOMINATION DEADLINE IS APRIL 17. PLEASE ACT QUICKLY SPONSORS PLEASE VISIT WESTFAIRONLINE.COM FOR NOMINATION FORM For more information, please contact Holly DeBartolo at (914) 358-0743. 22 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
FACTS & FIGURES on the record BANKRUPTCIES P & M Mason Construction of Stamford, Inc., 43 Woods End Road, Stamford. Chapter 7. Assets: $0 to $50,000. Liabilities: $100,000 to $500,000. Creditors: O&G Industries Inc., $47,275; The Home Depot Credit Services, $8,955; Sound Beach Partners LLC, $40,000. Type of Business: LLC. Debtor’s Attorney: Kratter & Gustason LLC, Norwalk. Case no. 5:15-bk50208. Filed Feb. 17.
BUILDING PERMITS
Brookside Investment LLC, Greenwich, contractor for self. Perform additions and alterations to an existing commercial space at 37 Brookside Drive, Greenwich. Estimated cost: $745,000. Filed between Feb. 1 and Feb. 23. CLS Planning & Construction, Guilford, contractor for UB Greenwich II-OGCC LLC. Alter the interior of an existing commercial space at 120 E. Putnam Ave., Greenwich. Estimated cost: $35,000. Filed between Feb. 1 and Feb. 23. DiStefano Builders LLC, contractor for Clearview Holding LLC. Perform repairs to an existing commercial space at 2220 Black Rock Turnpike, Fairfield. Estimated cost: $1,000. Filed Feb. 18.
COMMERCIAL 140 Bridgeport Avenue LLC, Shelton, contractor for self. Convert the second floor to three residential units at 140 Bridgeport Ave., Shelton. Estimated cost: $100,000. Filed Feb. 20. 1529 Post Road East Fairfield LLC, Fairfield, contractor for self. Perform an interior fit-up to an existing commercial space for a new tenant at 2475 Black Rock Turnpike, Fairfield. Estimated cost: $45,000. Filed Feb. 18. BLT Management LLC, Stamford, contractor for Waterfront Office Building LTD Partnership. Perform an interior fit-up to an existing commercial space for a new tenant at 68 Southfield Ave., Stamford. Estimated cost: $500,000. Filed between Feb. 16 and Feb. 20.
FJC Designs & Construction LLC, Greenwich, contractor for Putnam Properties. Perform interior alterations in an existing commercial space for a new tenant at 115 E. Putnam Ave., Greenwich. Estimated cost: $13,260. Filed between Feb. 1 and Feb. 23. Gesualdi Construction, Stamford, contractor for Greenwich American I. Renovate an office at 1 American Lane, Greenwich. Estimated cost: $100,000. Filed between Feb. 1 and Feb. 23. GFC - Fawcett LLC, Greenwich, contractor for self. Perform interior alterations in an existing commercial space for a new tenant at 1 Fawcett Place, Greenwich. Estimated cost: $210,000. Filed between Feb. 1 and Feb. 23. Grosso, John, Monroe, contractor for self. Perform a tenant fit-out to an existing commercial space at 731 Main St., Monroe. Estimated cost: $30,000. Filed Feb. 9.
Items appearing in the Fairfield County Business Journal’s On The Record section are compiled from various sources, including public records made available to the media by federal, state and municipal agencies and the court system. While every effort is made to ensure the accuracy of this information, no liability is assumed for errors or omissions. In the case of legal action, the records cited are open to public scrutiny and should be inspected before any action is taken.
Heritage Remodeling & Renovations, contractor for RM1 Fairfield LLC. Convert a dwelling into a medical office at 22 Fairfield Place, Fairfield. Estimated cost: $42,000. Filed Feb. 18.
Questions and comments regarding this section should be directed to: Bill Fallon c/o Westfair Communications Inc. 3 Westchester Park Drive, Suite G7 White Plains, N.Y. 10604-3407 Phone: (914)694-3600 Fax: (914)694-3680
James M. Barb Construction, Albuquerque, N.M., contractor for Arsen Realty LLC. Extend out for columns and install recessed lights in an existing commercial space at 223 22 Greenwich Ave., Greenwich. Estimated cost: $87,000. Filed between Feb. 1 and Feb. 23.
International Place LLC, Shelton, contractor for self. Perform renovations to an existing commercial space for a server room at 6 Research Drive, Shelton. Estimated cost: $14,940. Filed Feb. 13.
Kleban Holding Company III LLC, Fairfield, contractor for self. Perform a fit-up in an existing commercial space at 1177 Post Road, Fairfield. Estimated cost: $15,000. Filed Feb. 18. Kleban Holding Company III LLC, Fairfield, contractor for self. Perform a fit-up in an existing commercial space at 1177 Post Road, Fairfield. Estimated cost: $25,000. Filed Feb. 18. Kleban Holding Company III LLC, Fairfield, contractor for self. Perform a fit-up in an existing commercial space at 1177 Post Road, Fairfield. Estimated cost: $50,000. Filed Feb. 18. Newfield Contracting, Wilton, contractor for UB Greenwich I LLC. Perform interior work on an existing commercial space for a new tenant at 393 40 E. Putnam Ave., Greenwich. Estimated cost: $48,000. Filed between Feb. 1 and Feb. 23. Pavarini North East Construction, Stamford, contractor for Objlw One Corp. Reduce an existing commercial space to its core at 1 Greenwich Office Park, Greenwich. Estimated cost: $29,000. Filed between Feb. 1 and Feb. 23.
Stamford Tent, Stamford, contractor for Hyatt Regency Greenwich Ltd. Construct temporary tents on the property of an existing commercial space for a special event at 1800 E. Putnam Ave., Greenwich. Estimated cost: $24,000. Filed between Feb. 1 and Feb. 23.
Sears Home Improvement, Plainville, contractor for Karen Jeff Hickey and Brian L. Hickey. Construct 15 new weather-beater windows in an existing single-family residence at 26 Mead Ave., Greenwich. Estimated cost: $12,417. Filed between Feb. 1 and Feb. 23.
Turner Construction Company, Milford, contractor for One Stamford Realty LP. Add a new door and finishes to a bank at 201 Tresser Blvd., Stamford. Estimated cost: $20,000. Filed between Feb. 16 and Feb. 20.
SEB Properties LLC, Greenwich, contractor for self. Renovate the kitchen, bathrooms and a roof on an existing single-family residence at 163 E. Elm St., Greenwich. Estimated cost: $75,000. Filed between Feb. 1 and Feb. 23.
UB Stamford LP, Stamford, contractor for self. Add a solar photovoltaic array on the roof of an existing commercial space at 2215 Summer St., Stamford. Estimated cost: $30,000. Filed between Feb. 16 and Feb. 20.
Shari-Mari-Fuki LLC, Greenwich, contractor for self. Remodel the kitchen and bathroom in an existing single-family residence at 181 Hamilton Ave., Greenwich. Estimated cost: $25,000. Filed between Feb. 1 and Feb. 23.
Wesley Heights Inc., Shelton, contractor for self. Add a four-unit addition to an existing commercial space at 580 Long Hill Ave., Shelton. Estimated cost: $482,342. Filed Feb. 11. Whole Life Inc., New London, contractor for self. Replace an oil-fired boiler and burner in an existing commercial space at 1 Daybreak Lane, Shelton. Estimated cost: $5,600. Filed Feb. 17.
Perschino, Glenn A., contractor for 441 Post Road LLC. Remodel rooms in an inn at 441 Post Road, Fairfield. Estimated cost: $250,000. Filed Feb. 20.
RESIDENTIAL
Reckson/Stamford Towers LLC, Stamford, contractor for self. Perform an interior fit-up to an existing commercial space for a new tenant at 680 Washington Blvd., Stamford. Estimated cost: $412,500. Filed between Feb. 16 and Feb. 20.
Action Demolition Inc., Southington, contractor for Indian Head Road LLC. Demolish a garage at an existing single-family residence at 5 Indian Head Road, Greenwich. Estimated cost: $2,000. Filed between Feb. 1 and Feb. 23.
Russo, Frank R., Fairfield, contractor for Yvette Gayor, et al. Construct a tent on the property of an existing commercial space for a special event at 6 Edison Ave., Fairfield. Estimated cost: $1,000. Filed Feb. 19.
Action Demolition Inc., Southington, contractor for Indian Head Road LLC. Demolish an existing single-family residence at 5 Indian Head Road, Greenwich. Estimated cost: $17,000. Filed between Feb. 1 and Feb. 23.
Smith, Brian, Greenwich, contractor for William Stingone. Perform interior alterations in an existing commercial space for a new tenant at 544 Old Post Road, Greenwich. Estimated cost: $95,000. Filed between Feb. 1 and Feb. 23.
Alea Home & Garden, Greenwich, contractor for Sharon S. Lee and Alexander J. Lee. Demolish the interior of an existing single-family residence at 11 Annjim Drive, Greenwich. Estimated cost: $1,000. Filed between Feb. 1 and Feb. 23.
Stamford Tent, Stamford, contractor for Round Hill Club Inc. Construct temporary tents on the property of an existing commercial space for a special event at 33 Round Hill Circle, Greenwich. Estimated cost: $5,000. Filed between Feb. 1 and Feb. 23.
Amado’s Home Improvements LLC, Port Chester, N.Y., contractor for Bernado Elosua, et al. Remodel the kitchen basement and bathroom in an existing single-family residence at 62 Haley Drive, Greenwich. Estimated cost: $48,000. Filed between Feb. 1 and Feb. 23.
Shoreline Pools Inc., Stamford, contractor for Jason Kinard. Remove an existing swimming pool and construct a new one on the property of a single-family residence at 27 Davenport Drive, Stamford. Estimated cost: $60,000. Filed between Feb. 16 and Feb. 20. Site Work Excavating & Lands, Stamford, contractor for Jerad K. Hartman Jr. Build a retaining wall and grading on the property of an existing single-family residence at 310 Old Church Road, Greenwich. Estimated cost: $72,000. Filed between Feb. 1 and Feb. 23. Solar City Corp., Rocky Hill, contractor for Bela G. Liptak, et al. Add solar array on the roof of an existing single-family residence at 84 Old North Stamford Road, Stamford. Estimated cost: $23,500. Filed between Feb. 16 and Feb. 20. Sound Beach Partners LLC, Stamford, contractor for Michele L. Wolfram. Construct a new pool house with an attached retaining wall at 74 Club Road, Greenwich. Estimated cost: $50,000. Filed between Feb. 1 and Feb. 23. Southern New England Window, contractor for Omonbek Salaev. Replace three windows at an existing single-family residence at 68 Miro St., Fairfield. Estimated cost: $5,442. Filed Feb. 20. Southern New England Window, contractor for Raymond R. Iwanicki and Irene Iwanicki. Replace three windows at an existing single-family residence at 276 Dunnlea Road, Fairfield. Estimated cost: $4,315. Filed Feb. 20.
Southern New England Window, contractor for Timothy M. Tiani and Martin D. Tiani. Replace one window at an existing single-family residence at 118 Partridge Lane, Fairfield. Estimated cost: $3,926. Filed Feb. 20. Southern New England Window, contractor for Matthew G. Jamison, et al. Replace 15 windows at an existing single-family residence at 10 Flax Road, Fairfield. Estimated cost: $23,145. Filed Feb. 20. Southern New England Window, contractor for Deanna R. Polizzo. Replace five windows at an existing single-family residence at 35 Reid St., Fairfield. Estimated cost: $7,250. Filed Feb. 20. Strazza Building & Construction, Stamford, contractor for 5 Butler Street LLC. Add to the rear and second floor of an existing single-family residence at 5 Butler St., Greenwich. Estimated cost: $290,668. Filed between Feb. 1 and Feb. 23. Swati, Chowdhuri Sood, Shelton, contractor for self. Install roofmounted solar panels on the roof of an existing single-family residence at 26 Monroe Road, Shelton. Estimated cost: $31,150. Filed Feb. 19. T R Building & Remodeling Inc., Stamford, contractor for William F. Munno, et al. Renovate the mudroom, laundry and power room of an existing single-family residence at 161 N. Stamford Road, Stamford. Estimated cost: $200,000. Filed between Feb. 16 and Feb. 20. Tallman Segerson Builders LLC, contractor for Andrew S. Gleeman and Davis Gleeman. Pour the foundation for a new two- and one-half story one-family dwelling at 152 Pine Creek Ave., Fairfield. Estimated cost: $400,000. Filed Feb. 18. Tds Homeline Inc., Norwalk, contractor for Patricia DeRosa. Construct a master bathroom and remodel a guest room in an existing single-family residence at 25 W. Elm St., Unit 67, Greenwich. Estimated cost: $60,500. Filed between Feb. 1 and Feb. 23. Teora LLC, Greenwich, contractor for Russell Penn Jr., et al. Construct a new single-family house at 16 Cross St., Greenwich. Estimated cost: $200,000. Filed between Feb. 1 and Feb. 23.
Environmental & Civil Engineering For more information Andrew Zlotnick, Senior Vice President 203.374.3748, www.fando.com
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 2, 2015 23
NEWSMAKERS [PLUS AWARDS AND EVENTS] LOCKWOOD-MATHEWS RECEIVES GRANT
NGKF HIRES COTTLE Newmark Grubb Knight Frank (NGKF), an international real estate firm with offices in Greenwich and White Plains, hired Michael Cottle as executive vice president and manager of the Fairfield County and Westchester County, N.Y., offices. Cottle brings more than 25 years of institutional and asset management experience to the job. Cottle previously served as senior vice president of asset management for a private investment firm that developed and owned office,
Michael Cottle
retail and hotel properties. He holds a bachelor’s in mathematical economics from Colgate University.
AMERICARES WELCOMES PETERSON
Nathan Hale Middle School in Norwalk attends the education program at the Lockwood-Mathews Mansion Museum. Photo courtesy Trisha Keeler Photography
Norwalk-based LockwoodMathews Mansion Museum’s education program was awarded a $7,000 grant from the Fairfield
County Community Foundation. The museum is using the donation to serve a larger number of students with its teaching program,
which consists of docents dressing in period costumes and visiting classrooms to introduce the students to the mansion and its history.
STAMFORD’S DOLLARS FOR SCHOLARS UPS 2015 SCHOLARSHIPS Stamford Dollars for Scholars announced enhancements to its 2015 scholarship program, including four new awards. A total of 25 scholarships, representing a 20 percent increase
from last year, will be awarded to class of ’15 graduates. In addition, the organization will increase the value of its renewable scholarships by 25 percent by offering a four-year renewable scholarship providing up
to $10,000 in support and two-year renewable scholarships offering up to $2,500. The 2015 online application opened in January and is available through April 11.
CONNECTICUT ACADEMY OF SCIENCE AND ENGINEERING ELECTS 23 NEW MEMBERS The Connecticut Academy of Science and Engineering announced the election of 23 experts in science, engineering and technology to membership in the academy. The newly elected members will be introduced at the academy’s 40th annual meeting and dinner May
19 at the Crowne Plaza Cromwell Hotel in Cromwell. The 23 newly elected members are: Andrzej Banaszuk, Thomas C. Berl, Kathleen M. Carroll, Craig M. Crews, Ralph J. Dileone, Tahany I. El-Wardany, Peter M. Glazer, Alessandro Gomez, Ronald S. Harichan-
24 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
dran, John F. Kadow, Linda S. Pescatello, James F. Rusling, Jayant S. Sabnis, Gerard Sanacora, Alanna Schepartz, Martí n J. Sepú lveda, Alexander A. Shvartsman, Steven M. Southwick, Mark (Mohammad) Tehranipoor, Vasilis Vasiliou and Julie B. Zimmerman.
Stamford-based AmeriCares, an emergency response and global health organization, appointed Dr. E. Anne Peterson as senior vice president of global programs. Peterson’s responsibilities include overseeing AmeriCares’ health programs and directing the AmeriCares emergency response team. Peterson has decades of experience in domestic and international health policies, clinical care, administration and disaster response. Most recently, she served as public health program director for the Ponce School of Medicine & Health Services in Puerto Rico and as a research professor at The George Washington University in Washington, D.C. She holds a bachelor’s in bio-
Dr. E. Anne. Peterson
logical sciences from the University of Washington, a master’s in public heath and preventive medicine residency from Emory University in Atlanta and a medical degree from Mayo Medical School in Rochester, Minn.
HODGSON JOINS LAW FIRM Berchem, Moses & Devlin PC, a law firm with offices in Milford, Norwalk and Westport, appointed Christopher M. Hodgson as a senior partner in the firm’s labor and employment practice group. Prior to joining, Hodgsin served as a director for Bridgeport-based law firm, Durant, Nichols, Houston, Hodgson & Cortese-Costa PC. He is a graduate of Choate-Rosemary Hall, the University of Vermont and the University of Richmond School of Law.
Christopher M. Hodgson
From left, Catharine Wrang, Bill Wrang, Heidi Wrang and Alice Wrang.
William Wrang III, executive vice president, commercial real estate at Waterbury-based Webster Bank, received the Tocqueville Society philanthropy award from the Middlesex County United Way. The
award honors someone who has played a significant role in inspiring philanthropic giving. Wrang also has been named “Distinguished Citizen of the Year” by the Middlesex Chamber of Commerce.
Fairfield University graduate Angela Moore published a solution to Beal’s Conjecture: a problem with a $1 million reward that has perplexed mathematicians for decades. Moore’s solution, titled “Beal’s Conjecture vs. ‘Positive Zero,’ Fight,”
was originally published in “Math Goodies” in 2013 and republished in “mathNEWS” in 2014. She has since extended her solution and is set to present her paper this April in the CMC3 Recreational Math Conference in Lake Tahoe, Calif.
Ridgefield Playhouse presents “Rainbow Fish,” Arts in Education, bringing life to Marcus Pfister’s bestselling book, for grades K-2, 10 a.m. and 12:15 p.m. March 11; 11 a.m. and 2 p.m. March 21, 80 E. Ridge Road, Ridgefield.
Members of New Reach Inc. Board of Directors recognize CEO Kellyann Day.
New Haven-based New Reach Inc., an organization helping people who are homeless or at risk of homelessness regionally, including in Bridgeport, celebrated the 20th anniversary of CEO Kellyann Day’s service with the agency. Day began
her career at New Reach as program coordinator for the supportive housing program and has served as CEO for the past 18 years. She holds a master’s in social work with a concentration in administration from the University of Connecticut.
Western Connecticut State University’s Connecticut Percussive Arts Society “Day of Percussion” will take place all day in the Veronica Hagman Concern Hall of the Visual and performing Arts Center on the university’s Westside campus, 43 Lake Ave. Extension, Danbury. For tickets, visit wcsu.edu/tickets or call 203-837-TIXX. WCSU will also host a planetarium show at 6:30 p.m., followed by a telescope viewing from 7:30-9:30 p.m. at the Westside Observatory and Planetarium on the university’s Westside campus, 43 Lake Ave. Extension, Danbury. For more information, call 203-837-8672.
MARCH 16
Lisa Newfield
Jeannie Hatcherson, assistant professor of social sciences at Western Connecticut State University will discuss “Working in an International Leadership Program for Women,” 11 a.m., Room 202 of the student center on the university’s Midtown campus, 181 White St., Danbury. Free and open to the public.
MARCH 11 & MARCH 12
FAIRFIELD UNIVERSITY GRADUATE RECEIVES RECOGNITION
DAY CELEBRATES 20 YEARS WITH NEW REACH INC.
Murtha Cullina LLP law firm, with a office in Stamford, appointed Lisa Newfield as a partner. Newfield is working out of the firm’s New Haven office in addition to seeing clients in Stamford and White Plains, N.Y. She is joining the firm’s trusts and estates department. She holds a bachelor’s from The George Washington University and a J.D. from University of Michigan.
SCORE Western Connecticut presents the second part of its search engine optimization workshop led by Michael Brooks, SCORE adviser and owner of Nuclear Chowder LLC, 6-7 p.m., Danbury Library, 170 Main St., Danbury. Networking is 5:30-6 p.m. SCORE Fairfield County and co-sponsor the Darien Library present a complimentary, small-business workshop titled, “Six Building Blocks of Growth for Your Small Business,” 6-8 p.m., Darien Library, 1441 Post Road, Darien. Check-in begins at 5:30 p.m. Guest speaker includes John Harmon. For information, call 203-831-0065.
MARCH 14
NEWFIELD JOINS MURTHA CULLINA LLP
DATES
MARCH 11
United Way of Western Connecticut (UWWC) in Stamford delivered its 100,000th imagination library book to a Danbury child this month. This early literacy program provides a new book per month to each enrolled child from birth to age five at no cost to families, eliminating the financial barrier of book ownership that low-income families often face. UWWC brought imagination library to the state of Connecticut in 2008. Since then, the program has grown to nine additional communities with an overall enrollment of more than 8,600 children and 190,000 total books. To enroll or sponsor a child, visit uwwesternct.org/ ImaginationLibrary.
WEBSTER BANK EXEC HONORED BY MIDDLESEX UNITED WAY MARCH 10
UNITED WAY OF WESTERN CONNECTICUT MAILS ITS 100,000TH BOOK
The Connecticut Turnaround Management Association (CTTMA) is presenting a discussion titled, “Business Ethics: Do You Know Rights From Wrong?”, 5:308:30 p.m., The Graduate Club, 155 Elm St., New Haven. To register, call 203-733-7507. SCORE Fairfield County and co-sponsor the Weston Library present a complimentary, small-business workshop, titled, “Running a Restaurant,” 6-8 p.m., Weston Library, 56 Norfield Road, Weston. Checkin begins 5:30 p.m. Panel of experts include Mark Moeller, Steven Semaya and Ken Roffe. To register, call 203-831-0065.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 25
FACTS THD at Home Services Inc., Shrewsbury, Mass., contractor for Alpana Waldron. Replace six windows and a patio door at an existing single-family residence at 209 Mailands Road, Fairfield. Estimated cost: $20,095. Filed Feb. 20. THD at Home Services Inc., Shrewsbury, Mass., contractor for Timothy F. Brown and Judith A. Brown. Replace four windows at an existing single-family residence at 180 Applegate Road, Fairfield. Estimated cost: $2,352. Filed Feb. 20. THD at Home Services Inc., Shrewsbury, Mass., contractor for Heather E. Devine. Replace one window at an existing single-family residence at 25 Evelyn St., Fairfield. Estimated cost: $1,379. Filed Feb. 20. THD at Home Services Inc., Shrewsbury, Mass., contractor for Judith W. Nessel. Replace 14 windows at an existing single-family residence at 25 Rock Major Road, Fairfield. Estimated cost: $17,624. Filed Feb. 20. THD at Home Services Inc., Shrewsbury, Mass., contractor for Sandra Luckner Mirsky. Replace six windows at an existing single-family residence at 24 Eunice Ave., Fairfield. Estimated cost: $7,423. Filed Feb. 20. Toll CT Limited Partnership, Shelton, contractor for self. Build a twounit condominium at 560 River Road, Shelton. Estimated cost: $235,920. Filed Feb. 20.
COURT CASES The following court cases represent the allegations made by defendants in the initial filings of civil lawsuits, and do not represent legally binding judgments made by the courts.
BRIDGEPORT SUPERIOR COURT 9 East Corp., et al., Branford. Filed by Santa Buckley Energy Inc., Bridgeport. Plaintiff’s attorney: Green & Gross PC, Bridgeport. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they had failed to make timely payments to the plaintiff for natural gas provided. The plaintiff has declared the entire outstanding principal balance due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages of $15,000 or more, interest, costs, attorney’s fees and such other and further equitable relief as this court deems just and proper. Case no. FBT-cv15-6048451-S. Filed Feb. 17.
All Phase Steel Works LLC, Trumbull. Filed by Northeast Steel Erectors LLC, Bristol. Plaintiff’s attorney: Benjamin Belinkie Attorney At Law, Bridgeport. Action: The plaintiff has brought this breach of contract suit against the defendant alleging that it had failed to make timely payments to the plaintiff for construction services provided. The plaintiff has declared the entire outstanding principal balance of $20,000 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages of $15,000 or more, costs, attorney’s fees and such other and further equitable relief as this court deems just and proper. Case no. FBT-cv15-6048469-S. Filed Feb. 17. CBE Holding Company LLC, et al., Bridgeport. Filed by Timpany Norwalk Real Estate LLC, Westport. Plaintiff’s attorney: Mary Anne A. Charron, Hartford. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they had failed to make timely payments to the plaintiff under the terms of a lease agreement. The plaintiff has declared the rent due and has made a demand for payment, yet has not received payment. The plaintiff claims money damages of $15,000 or less and costs. Case no. FBT-cv15-6048511-S. Filed Feb. 20. Cherry Hill Construction Inc., Branford. Filed by Dessoff Liesellott, Fairfield. Plaintiff’s attorney: Michael T. Bologna, Fitzpatrick, Fray & Bologna, Fairfield. Action: The plaintiff has brought this personal injury suit against the defendant alleging that she slipped on an icy parking lot owned by the defendant and sustained injury. This icy condition was allegedly allowed to exist due to the negligence of the defendant and its employees in that they failed to maintain the premises in a reasonable condition. The plaintiff claims monetary damages within the jurisdiction of the court and all such other and further relief as the court deems necessary and equitable. Case no. FBT-cv15-6048478-S. Filed Feb. 18. H&M Hennes & Mauritz Limited Partnerships, et al., North Arlington, N.J. Filed by Maria Caraglior, Stratford. Plaintiff’s attorney: Tremond Sheldon Robinson Mahoney PC, Bridgeport. Action: The plaintiff has brought this personal injury suit against the defendants alleging that she slipped in a store owned by the defendants and sustained injury. This slippery condition was allegedly allowed to exist due to the negligence of the defendant and their employees in that they failed to maintain the premises in reasonable conditions. The plaintiff claims monetary damages within the jurisdiction of the court and all such other and further relief as the court deems necessary and equitable. Case no. FBT-cv15-6048509-S. Filed Feb. 20.
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Marisa’s Ristorante LLC, et al., Trumbull. Filed by American Express Bank FSB, Salt Lake City, Utah. Plaintiff’s attorney: Zwicker & Associates, Enfield. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they had failed to make timely payments to the plaintiff for a credit agreement. The plaintiff has declared the entire outstanding principal balance due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages of at least $15,000 and costs. Case no. FBT-cv15-6048499-S. Filed Feb. 19. VIP Home Improvement LLC, Stratford. Filed by New London Country Mutual Insurance Co., Norwich. Plaintiff’s attorney: Conway Stoughton LLC, West Hartford. Action: The plaintiff has brought this breach of contract suit against the defendant alleging that it had failed to install proper insulation in the walls of property insured by the plaintiff. This allegedly resulted in a pipe freezing and bursting in the wall of the bathroom, causing damages to the property, which forced the plaintiff to pay out insurance coverage. The plaintiff claims monetary damages in excess of $49,690, interest, costs and such other relief as the court may deem appropriate. Case no. FBT-cv15-6048452-S. Filed Feb. 17.
FIGURES William Brothers Painting & Decorating, Babylon, N.Y. Filed by Chartis Property Casualto Co., New York, N.Y. Plaintiff’s attorney: Robinson & Cole LLP, Stamford. Action: The plaintiff has brought this breach of contract suit against the defendant alleging that it had failed to store rags and wood furnishing materials on property insured by the plaintiff. This allegedly resulted in a fire on the premises, causing damages to the property, which forced the plaintiff to pay out insurance coverage. The plaintiff claims monetary damages in excess of $15,000, interest, costs and such other relief as the court may deem just and proper. Case no. FST-cv15-6024609-S. Filed Feb. 18.
Bayer AG, et al., Pittsburgh, Pa. Filed by Michael Didio and Phyllis Didio. Plaintiffs’ attorney: Matley Rice LLC, Hartford. Action: The plaintiffs have brought this product liability suit against the defendants alleging that they misrepresented a medication sold to the plaintiffs, which led to them suffering internal bleeding. The plaintiffs also allege that the defendants knew about defects of the product, yet concealed that to the general public. The plaintiffs claim compensatory damages, statutory damages, punitive damages, costs, interest, attorney’s fees and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00225-VAB. Filed Feb. 17.
WMLELRP Inc., Wilton. Filed by Articulate Auto LLC, Norwalk. Plaintiff’s attorney: Galen Wright Wells, Norwalk. Action: The plaintiff has brought this breach of contract suit against the defendant alleging that it had failed to make timely payments to the plaintiff under the terms of a lease agreement. The plaintiff has declared the current rent and back rent due and has made a demand for payment, yet has not received payment. The plaintiff claims money damages of at least $15,000, costs, attorney’s fees, interest and such other relief as the court may deem just and equitable. Case no. FST-cv15-6024580-S. Filed Feb. 17.
Compass Group USA Inc., Charlotte, N.C. Filed by Carla Rosario. Plaintiff’s attorney: Hayber Law Firm LLC, Hartford. Action: The plaintiff has brought this fair labor suit against the defendant alleging that it misclassified the employees as contractors as a way to avoid giving them overtime. The plaintiff claims unpaid wages, liquidated damages, pre-judgment interest, post-judgment interest, attorney’s fees and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00241-MPS. Filed Feb. 19.
DANBURY SUPERIOR COURT
FEDERAL DISTRICT COURT
Patriot Construction LLC, Bethlehem. Filed by James Farren and Denise Farren, Bethel. Plaintiff’s attorney: Jacobs and Rozich LLC, New Haven. Action: The plaintiffs have brought this breach of contract suit against the defendant alleging that it failed to perform construction work on the plaintiffs’ home in a workmanship like manor and failed to pay subcontractors. As a result the plaintiffs allege they have incurred damages. The plaintiffs claim money damages, interest, attorney’s fees and such other relief as the court deems fair, just and reasonable. Case no. DBD-cv15-6016870-S. Filed Feb. 17.
Advanced Collection Services, Ltd., et al., Plainville. Filed by Constance Williams, New London. Plaintiff’s attorney: Lemberg & Associates LLC, Stamford. Action: The plaintiff has brought this fair debt collection suit against the defendants alleging that they tried to collect a debt from the wrong person. The plaintiff also alleges they invaded her privacy. The plaintiff claims $25,000 in monetary damages, actual damages, statutory damages, punitive damages, costs and attorney’s fees and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00234-MPS. Filed Feb. 19.
STAMFORD SUPERIOR COURT
Anthem Inc., et al. Filed by William J. Peterman. Plaintiff’s attorney: Hurwitz, Sagarin, Slossbert & Knuff LLC, Milford. Action: The plaintiff has brought this class action suit against the defendants alleging that they failed to protect the sensitive information of the consumers on their website. This allegedly led to the defendants being hacked, allowing damaging personal financial information to being obtained by the hackers. The defendants have promised two-year credit protection, yet the plaintiff claims this is insufficient. The plaintiff claims actual damages, statutory damages, punitive damages, costs and attorney’s fees and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00250-VAB. Filed Feb. 20.
St. Vincent’s Health Services Corp., Bridgeport. Filed by Corey Hansen, Greenwich. Plaintiff’s attorney: Richard H. Raphael, Westport. Action: The plaintiff has brought this suit against the defendant alleging that he was attacked by another patient in a hospital owned by the defendant, suffering injuries. The plaintiff claims damages and such other relief that the court deems just and equitable. Case no. FST-cv15-6024627-S. Filed Feb. 20.
Nationstar Mortgage LLC, Lewisville, Texas. Filed by Robert P. Gabriel, Greenwich. Plaintiff’s attorney: Action: The plaintiff has brought this mortgage fraud suit against the defendant alleging that his house was illegally foreclosed by the defendant due to fraudulent actions. The plaintiff alleges he signed a promissory note for a mortgage in favor of Lehman Brothers. The note was split apart to where the deed of trust was legally separated from the note. The plaintiff alleges that foreclosure cannot legally occur if the deed of trust is separated from the note. The plaintiff claims monetary damages, interest, attorney’s fees, costs, treble damages and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00245-VAB. Filed Feb. 20. Netskope Inc., Los Altos, Calif. Filed by Protegrity Corp., et al. Plaintiff’s attorney: Woodrow H. Pollack, Tampa, Fla. Action: The plaintiffs have brought this patent infringement suit against the defendant alleging that it infringed on their database patent. The plaintiffs claim damages, treble damages, attorney’s fees, costs and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00231-MPS. Filed Feb. 18. Purdue Pharma LP. Filed by Gary B. Pelletier, Bridgeport. Plaintiff’s attorney: Self-representing. Action: The plaintiff has brought this age discrimination suit against the defendant alleging that he was discriminated on the basis of age and terminated. The plaintiff claims back pay, reinstatement, salary, wages, benefits, retirement, pensions and medical care. Case no. 3:15-cv-00233-JAM. Filed Feb. 19.
RG Motorsports LLC, et al., Plainville. Filed by Jacquelyn Parrott and Kimberly Parrott, Terryville. Plaintiffs’ attorney: Consumer Law Group, Rocky Hill. Action: The plaintiffs have brought this breach of warranty suit against the defendants alleging that they made false statements about a vehicle, which they sold to the plaintiff. This allegedly resulted in the plaintiffs having to get the car repaired repeatedly. The plaintiffs claim punitive damages, statutory punitive damages, attorney’s fees and costs. Case no. 3:15-cv-00217-JAM. Filed Feb. 16. Vautive, Inc., Boston, Mass. Filed by Protegrity Corp., et al. Plaintiffs’ attorney: Woodrow H. Pollack, Tampa, Fla. Action: The plaintiffs have brought this patent infringement suit against the defendants alleging that they infringed on their database patent. The plaintiffs claim damages, treble damages, attorney’s fees, costs and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00232-JBA. Filed Feb. 18. Wusthof-Trident of America Inc., Norwalk. Filed by Smith’s Consumer Products Inc., Hot Springs, Ark. Plaintiff’s attorney: Day Pitney LLP, Stamford. Action: The plaintiff has brought this patent infringement suit against the defendant alleging that it infringed on its pencil sharpener patent by entering into an agreement with the Chinese manufacturer who made the plaintiff’s products. The defendant allegedly tried to directly import the products, which were patented by the plaintiff. The plaintiff claims attorney’s fees, costs and such other and further relief as in law or equity may appertain. Case no. 3:15-cv-00242-SRU. Filed Feb. 20.
DEEDS
COMMITTEE DEEDS Morrison, Sharon Perry, et al. Stamford. Appointed committee: Midhat Syed, Stamford. Property: 14 Grandview Ave., Stamford. Amount: $250,000. Docket no. FST-cv-146021755-S. Filed Feb. 19.
COMMERCIAL 199 Harriet St LLC, Bridgeport. Seller: Hope Kitchen Cabinets & Stone Supply LLC, Stamford. Property: 128130 Dewey St., Bridgeport. Amount: $86,300. Filed Feb. 17. 243 Pacific Street LLC, Bridgeport. Seller: Merline G. Morgan, Bridgeport. Property: 219-221 Pacific St., Bridgeport. Amount: $85,000. Filed Feb. 17. 268 Hope Street LLC, Rye Brook, N.Y. Seller: FM85 LLC, Stamford. Property: 268 Hope St., Stamford. Amount: $400,000. Filed Feb. 12. Bank of America NA, Plano, Texas. Seller: Giovanna Meza, Norcross, Ga. Property: 126 Culloden Road, Stamford. Amount: $1. Filed Feb. 20.
26 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Dwell LLC, Westport. Seller: Lynne D’Eramo, Wilmington, N.C. Property: 170 Dunnlea Road, Fairfield. Amount: $395,000. Filed Feb. 10. E & S Partners LLC, Stamford. Seller: Stewart Campbell and Edgar Gonzalez, Stamford. Property: Parcel B, Map 4341, Stamford. Unknown amount paid. Filed Feb. 9. Hawk’s Ridge of Shelton LLC, Shelton. Seller: Lovisa Wells Hill, Nathaniel Shelton Wells, Royal B. Wells, Thomas Henry Wells and Patricia Wells, Shelton. Property: Map 39, Parcel 17, Shelton. Amount: $6.4 million. Filed Jan. 23. Hawk’s Ridge of Shelton LLC, Shelton. Seller: Welkin, Inc., Shelton. Property: 71 Long Hill Crossroads, Shelton. Amount: $800,000. Filed Jan. 23. Hawk’s Ridge of Shelton LLC, Shelton. Seller: Nathaniel Shelton Wells, Shelton. Property: 26 Beard Sawmill Road, Shelton. Amount: $200,000. Filed Jan. 23. Howe Avenue LLC, Shelton. Seller: Lucy Fabiano, Derby. Property: 290 Howe Ave., Shelton. Amount: $400,000. Filed Feb. 13. Nationstar Mortgage LLC, Newtown. Seller: Eric J. Hyatt, Newtown. Property: 8 Mackenzie Circle, Newtown. For an unknown amount paid. Filed Feb. 12. Prelude Music Center LLC, Trumbull. Seller: Silvermaple Properties LLC, Trumbull. Property: Unit A101 in Corporate Drive Business Park Condominium, Trumbull. Amount: $225,000. Filed Feb. 9. Secretary of Housing and Urban Development, Oklahoma City, Okla. Seller: Wells Fargo Bank NA, Fort Mill, S.C. Property: 69 New St., Shelton. No consideration paid. Filed Feb. 18. Seven Farmer LLC, Southport. Seller: Henry Elstein, Southport. Property: 244 Main St., Fairfield. Amount: $526,750. Filed Feb. 11. Spring Enterprise LLC, Stamford. Seller: Bibleway Church of God in Christ Jesus Apostolic Inc., Stamford. Property: Lot 8, Map 1374, Stamford. Unknown amount paid. Filed Feb. 10. Stamford Land Conservation Trust Inc., Stamford. Seller: J & J Grant Properties LLC, Cranston, R.I. Property: 0 Brookdale Road, Stamford. Amount: $120,000. Filed Feb. 13. Tra Prospect LLC, Stamford. Seller: Ralph L. Loglisci, John J. Loglisci and Anthony L. Loglisci, Stamford. Property: 110 Prospect St., Stamford. Amount: $1 million. Filed Feb. 19.
QUIT CLAIM 14 Grandview Avenue LLC, Stamford. Grantor: Shane Nizzardo, Stamford. Property: Lot 11, Map 299, Stamford. Amount: $1. Filed Feb. 19.
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FIGURES
68 Houston Terrace LLC, Stamford. Grantor: Leo Socci Jr., Kryn Socci and James J. Socci Stamford. Property: 68 Houston Terrace, Stamford. Amount: $1. Filed Feb. 13.
Rudolph, Michael Bennett, Trumbull. Grantor: Andrea Schreibman Rudolph, Trumbull. Property: Lot 19, Map 1110 Trumbull. Amount: $1. Filed Feb. 11.
Wells, Laura J. and Ronald J. Egidio, Shelton. Grantor: Laura J. Wells, Shelton. Property: 216 Mohegan Drive, Shelton. No consideration paid. Filed Feb. 11.
Arroyo, Daniel, Bridgeport. Grantor: Pawel Kulak, Bridgeport. Property: Apt. 1, Building 15, Court A, Bridgeport. Amount: $50,000. Filed Feb. 19.
Sample, Robert, Monroe. Grantor: Karen Sample, Monroe. Property: 50 Forest Road, Monroe. Amount: $1. Filed Jan. 5.
Wilson, Leon A., Norwalk. Grantor: Paul O. Wilson, Stamford. Property: 68 Leonard St., Stamford. Amount: $1. Filed Feb. 20.
Arszyla, Lauren, Shelton. Grantor: Edward Rielly III, Shelton. Property: 2 Bristol Drive, Shelton. Amount: $1. Filed Jan. 23.
WQ Trading LLC, Newtown. Grantor: Whitney S. Quillen, Newtown. Property: 39 Brookwood Drive, Newtown. Amount: $1. Filed Feb. 20.
Bartone, Lisa M. and Andrew Bartone, Seymour. Grantor: Victor Bartone and Elvira Bartone, Shelton. Property: 328 Beardsley Road, Shelton. Amount: $1. Filed Feb. 4.
Santangeli, Caterina and Pietrina Santageli, Easton. Grantor: Pietrini Santangeli and Caterina Santangeli, Easton. Property: 810-816 Madison Ave., Bridgeport. An unknown amount paid. Filed Feb. 17. Skurja, Anna D., Fairfield. Grantor: Anna Skurja, Fairfield. Property: 223 Doreen Drive, Fairfield. Amount: $1. Filed Feb. 17.
Berliner, Janice, Trumbull. Grantor: Janice Berliner, Trumbull. Property: 8 Village Drive, Trumbull. No consideration paid. Filed Feb. 12.
Slipyi, Alina, Stamford. Grantor: Mriya LLC, Stamford. Property: 27 Northill St., Unit 3D, Stamford. No consideration paid. Filed Feb. 17.
Betz, Raymond, Stamford. Grantor: Karen Betz Woods, Spring, Texas. Property: 353 Haig Ave., Stamford. No consideration paid. Filed Feb. 19.
Solix Inc., Fairfield. Grantor: Wells Fargo Bank NA, Jacksonville, Fla. Property: 98 Harris St., Fairfield. No consideration paid. Filed Feb. 18.
Bevan, Joseph T., Newtown. Grantor: Joseph T. Bevan and Margaret J. Bevan, Newtown. Property: Lot 12, Oakview Acres, Newtown. Amount: $1. Filed Feb. 18.
Sosnoff, Mary Anne H., Silver Lake, N.H. Grantor: Hershel D. Sosnoff and Mary Anne Sosnoff, Silver Lake, N.H. Property: Unit 497 of The Views of Long Hill Condominium, Shelton. Amount: $1. Filed Feb. 19.
Bien Chez Nous LLC, Stamford. Grantor: Marymartine R. Sherwood, Stamford. Property: Lot 138, Map 69, Stamford. Amount: $1. Filed Feb. 12. Blick, Gary and Scott Gretz, Stamford. Grantor: Gary Blick, Stamford. Property: 312 Erskine Road, Stamford. No consideration paid. Filed Feb. 10. Bordon, Sarita, Stamford. Grantor: Gregory Bordon, Stamford. Property: Lot 22, Map 5452, Stamford. Amount: $1. Filed Feb. 20. Brennan, Shane E., Shelton. Grantor: James A. Brennan and James R. Brennan, Bridgeport. Property: Lot 16, Block AA, Map 3, Bridgeport. Amount: $1. Filed Feb. 18. Civitelli, Linda C., Monroe. Grantor: Albert B. Civitelli, Monroe. Property: 515 Moose Hill Road, Monroe. Amount: $1. Filed Jan. 12. Cole, Patricia D., Ruth P. Dearborn and Paul M. Dearborn, Stamford. Grantor: Paul M. Dearborn, Stamford. Property: 185 Vine Road, Stamford. No consideration paid. Filed Feb. 12. Coppola, James, Southport. Grantor: James Coppola and Michele Gramesty, Southport. Property: 544 Flintlock Road, Fairfield. Amount: $1. Filed Feb. 17. Criegmuss, Joyce, Bridgeport. Grantor: Ronald Criegmuss, Bridgeport. Property: 108 Rowley St., Unit 1, Bridgeport. Amount: $1. Filed Feb. 18.
Zeman, Zdenka, Stamford. Grantor: Zdenks Zeman, Stamford. Property: 31 Ely Place, Stamford. Amount: $1. Filed Feb. 10.
Arvanitakis, Dimitrios, Norwalk. Seller: George Iaizzi, Palm Coast, Fla. Property: 21 Gaylord Road, Trumbull. Amount: $300,000. Filed Feb. 20.
RESIDENTIAL
Beder, Lance K., Stamford. Seller: Michael D. Kunkel, Stamford. Property: 30 Glenbrook Road, Unit 6G, Stamford. Amount: $158,500. Filed Feb. 10.
Adamian, Karyna, Stamford. Seller: Federal National Mortgage Association, Dallas, Texas. Property: 87 Glenbrook Road, Unit 9E, Stamford. Amount: $155,000. Filed Feb. 9.
Bellamy, Karen, Stamford. Seller: Brian M. Thackray and Marley Walsh Thackray, Stamford. Property: Lot 25, Map 1143, Stamford. Amount: $800,000. Filed Feb. 12.
Business Meeting
SPECIAL
FACTS
Station Road Group LLC, St. Johns, Virgin Islands. Grantor: Lana N. Myers, St. Johns, Virgin Islands. Property: 285 Glendale Ave., Bridgeport. Amount: $10. Filed Feb. 17. Strba, Gregory, New Canaan. Grantor: Gail Lamoureux, Milford. Property: 126 Highlawn Road, Fairfield. Amount: $1. Filed Feb. 12. U.S. Bank NA, Salt Lake City, Utah. Grantor: U.S. Bank NA, Salt Lake City, Utah. Property: Parcel A, Map 9772, Stamford. No consideration paid. Filed Feb. 12. Vega, Angel, Bridgeport. Grantor: Angel Vega and Evelyn Vega, Bridgeport. Property: 38 Asia Circle, Bridgeport. Amount: $1. Filed Feb. 17. Vetare, Judy Ann, Newtown. Grantor: David Norman Vetare, Shelton. Property: Lot 6, Map 6916, Newtown. An unknown amount paid. Filed Feb. 19. Weerakoon, Upul, Stamford. Grantor: Meena Makwana, Stamford. Property: 37 High View Ave., Stamford. Amount: $1. Filed Feb. 12. Wells Fargo Bank NA, Jacksonville, Fla. Grantor: EMC Mortgage LLC, Jacksonville, Fla. Property: 98 Harris St., Fairfield. No consideration paid. Filed Feb. 18. Wells Fargo Bank NA, Coppell, Texas. Grantor: Wells Fargo Bank NA, Coppell, Texas. Property: 42 Currituck Road, Newtown. No consideration paid. Filed Feb. 9.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 27
FACTS Bennett, Irene J. and Stephen J. Bennett, Shelton. Seller: Ralph M. Festa and Claire R. Festa, West Lebanon, N.H. Property: 12 Cottage Court, Shelton. Amount: $404,625. Filed Jan. 23. Beraducci, Bernadette and Donald Beraducci, Shelton. Seller: Edward B. Hyland, Shelton. Property: 3 Buddington Park, Shelton. Amount: $386,500. Filed Feb. 4. Bergmann, Margherita and Michael Bergmann, Greenwich. Seller: John T. McPadden and Lynda McPadden, Monroe. Property: 39 Sunnycrest Road, Trumbull. Amount: $259,000. Filed Feb. 9. Blaney, William, Newtown. Seller: Federal Home Loan Mortgage Corp., McLean, Va. Property: 94 Head of Meadow Road, Newtown. Amount: $306,000. Filed Feb. 17. Bossone, Anthony and Joseph Bossone, Stamford. Seller: Nicole L. Granskog and Brian E. Granskog, New Canaan. Property: Lot 15, Map 3984, Stamford. Amount: $580,000. Filed Feb. 18. Bower, Gay, Monroe. Seller: Steven Rodriguez, Monroe. Property: 114 Gay Bower Road, Monroe. Amount: $375,000. Filed Feb. 10. Brady, Brendan, Stamford. Seller: BP Properties LLC, Stamford. Property: 29 Lillian St., Unit 3, Stamford. Amount: $100,000. Filed Feb. 12. Brennan, Michelle E. and Christopher P. Brennan, Cheshire. Seller: Thomas A. Madison and Sue E. Madison, Fort Lauderdale, Fla. Property: 39 Shawnee Lane, Monroe. Amount: $375,000. Filed Feb. 3. Burress, Jeffrey, Fairfield. Seller: Bank of America NA, Chandler, Ariz. Property: 90 Brittin Ave., Bridgeport. Amount: $154,500. Filed Feb. 17.
Burt, Ruth, Ardsley, N.Y. Seller: James M. Howley, Brookfield. Property: 25 Boggs Hill Road, Newtown. Amount: $362,500. Filed Feb. 12. Cackowski, Scott C., Stamford. Seller: Tracy Schock, Stamford. Property: 2475 Summer St., Unit 4D, Stamford. Amount: $190,000. Filed Feb. 9. Calcagno, Emily and Joseph J. Williams, Fairfield. Seller: Robert E. Lee and Susan E. Lee, Fairfield. Property: 915 Old Post Road, Fairfield. Amount: $1.5 million. Filed Feb. 9. Cashman, Peter L., Shelton. Seller: Dolores McCaffrey, Shelton. Property: Unit 55 of Four Winds Condominium, Shelton. Amount: $207,500. Filed Feb. 19. Castillo, Anania and Eddy A. Castillo, Monroe. Seller: Eddy A. Castillo and Anania Castillo, Monroe. Property: 9 Percheron Drive, Monroe. Amount: $1. Filed Feb. 18. Cevasco, Jose, Bridgeport. Seller: Deutsche Bank National Trust Co., Salt Lake City, Utah. Property: 189 Park St., Bridgeport. Amount: $45,000. Filed Feb. 17.
Bailey, Barbara, et al. Creditor: Nationstar Mortgage LLC, Lewisville, Texas. Property: 48 Pine Hill Ave., Stamford. Mortgage default. Filed Feb. 13.
Goncalves, Jennifer M., et al. Creditor: JPMorgan Chase Bank NA, Jacksonville, Fla. Property: 37 Leighton Road, Trumbull. Mortgage default. Filed Feb. 10.
Anne, Kennedy, Stamford. $26,079 in favor of Razor Capital LLC, Bloomington, Minn., by Cohen, Burns, Hard & Paul, West Hartford. Property: 390 Stillwater Ave., Stamford. Filed Feb. 19.
Whiteley, Nancy L. and Richard M. Whiteley, Shelton. Seller: Drew Pickering and Candace Pickering, Shelton. Property: 946 Constitution Boulevard North, Shelton. Amount: $577,000. Filed Jan. 21.
Barlett, Jason W. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 14 High View Terrace, Bethel. Mortgage default. Filed Feb. 19. Byrd, Shawn D., et al. Creditor: JPMorgan Chase Bank NA, San Diego, Calif. Property: 142 Chatham Terrace, Bridgeport. Mortgage default Filed Feb. 17.
Hall, Sarah J., et al. Creditor: Bayview Loan Servicing LLC, Coral Gables, Fla. Property: 8 Pastors Walk, Newtown. Mortgage default. Filed Feb. 19. Hoque, Mohammed A., et al. Creditor: Provident Funding Associates LP, Santa Rosa, Calif. Property: 58 Vine St., Bridgeport. Mortgage default Filed Feb. 17.
Anne, Kennedy, Stamford. $26,079 in favor of Razor Capital LLC, Bloomington, Minn., by Cohen, Burns, Hard & Paul, West Hartford. Property: 490 Scofieldtown Road, Stamford. Filed Feb. 19.
Williams, Evena T. and Ryan A. Williams, Stamford. Seller: Mary R. Sachuk, Stamford. Property: 90 Dannell Drive, Stamford. Amount: $458,000. Filed Feb. 10. Wilson, Paul O., Stamford. Seller: Carmine Valentini and Mauro Valentini, Pembroke Pines, Fla. Property: 68 Leonard St., Stamford. Amount: $350,000. Filed Feb. 10. Wilson-Waugh, Vena and Ian G. Waugh, Trumbull. Seller: Laura P. Handy, Arlington, Va. Property: 6 Inca Drive, Trumbull. Amount: $340,000. Filed Feb. 3. Wu, Junhao and Yanfang Shen, Stamford. Seller: Nationstar Mortgage LLC Lewisville, Texas. Property: 276 High Ridge Road, Stamford. Amount: $404,250. Filed Feb. 17.
Cingari, Nancy J. and Salvatore J. Cingari, Stamford. Seller: STB123 LLC, Stamford. Property: Lot 2 of Hoyclo Road, Stamford. Amount: $450,000. Filed Feb. 12.
Yeung, Julie A. and Peter P. Yeung, Queens, N.Y. Seller: Justin W. Klenzie, Houston, Texas. Property: 19 Colony Court, Stamford. Amount: $782,000. Filed Feb. 19.
Cole, Eliza and Michael J. Cole, Fairfield. Seller: Gregory Strba, New Canaan. Property: 126 Highlawn Road, Fairfield. Amount: $325,000. Filed Feb. 12.
Zimmer, Jeanne L., Fairfield. Seller: Gordon Jonas, Allentoen, N.J. Property: 1462 Melville Ave., Fairfield. Amount: $215,000. Filed Feb. 17.
Colegrave, Teresa and Angus Colegrave, Stamford. Seller: J & J Grant Properties LLC, Cranston, R.I. Property: 198 Brookdale Road, Stamford. Amount: $600,000. Filed Feb. 13.
FORECLOSURES
MANAGER, INFORMATION MANAGEMENT
FIGURES
Hawkins, Carolyn and Michael Barone, Shelton. Seller: Paul J. Wilson and Tina L. Wilson, Shelton. Property: 58 Harvard Ave., Shelton. Amount: $195,000. Filed Jan. 28.
Cheung, Ricky, Stamford. Seller: 116 Realty LLC, Stamford. Property: Lot 5, Map 10096, Stamford. No consideration paid. Filed Feb. 17.
Cotton, Antoinetta Massaro and Mathew Cotton, Wallinford. Seller: Anthony Bodetti and Marilou T. Bodetti, Monroe. Property: 5 Stonecroft Way, Monroe. Amount: $415,000. Filed Jan. 5.
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365 Seaview Ave., et al. Creditor: Louis F. Gomes, et al., Stratford. Property: 365 Seaview Ave., Bridgeport. Mortgage default Filed Feb. 18. Ahmetaj, Edin, et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 2625 Park Ave., Unit 3S, Bridgeport. Delinquent common charges. Filed Feb. 17.
Grunberger, James and Juhee Seo, Stamford. Seller: Diane Dobish, Stamford. Property: 2289 Bedford St., Unit B5, Stamford. Amount: $317,500. Filed Feb. 18.
Alexis, Frank, et al. Creditor: Citibank NA, Sioux Falls S.D. Property: 41 Breyer Ave., Bridgeport. Mortgage default Filed Feb. 17.
Gulino-Liquigli, Clorinda A. and Bartholomew Liquigli, Trumbull. Seller: Clorinda A. Gulino, Trumbull. Property: 87 Saxony Drive, Trumbull. Amount: $400,000. Filed Feb. 5.
Anza, Joseph, et al. Creditor: JPMorgan Chase Bank NA, Mount Laurel, N.J. Property: 100 Stone Ridge Way, Unit 2E, Fairfield. Delinquent common charges. Filed Feb. 13.
Haggquist-Buchetto, Catherine, Stamford. Seller: Farooq John Abed, Stamford. Property: 99 Prospect St., Unit 41, Stamford. Amount: $155,000. Filed Feb. 19.
Arbeli, Yair, Creditor: Beechwood Garden Home Association Inc., Bridgeport. Property: 8 Beechwood Ave., Unit 18, Bridgeport. Delinquent common charges. Filed Feb. 17.
28 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
Cervone, Elizabeth, et al. Creditor: Ocwen Loan Servicing LLC, Lewisville, Texas. Property: 37 Ojibwa Road, Shelton. Mortgage default. Filed Jan. 26. Creel, Ira O., et al. Creditor: Connecticut Housing Finance Authority, Jacksonville, Fla. Property: 274 Benham Ave., Bridgeport. Mortgage default Filed Feb. 17. Cuddy, Kevin M., et al. Creditor: Bank of America NA, Miamisburg, Ohio. Property: 91 Strawberry Hill Ave., Unit 1127, Stamford. Delinquent common charges. Filed Feb. 10. Deandrea, Douglas, et al. Creditor: Federal National Mortgage Association, Beaverton, Ore. Property: 36 Highview Ave., Apt. 5, Stamford. Mortgage default. Filed Feb. 18. Deleo, Diane T., et al. Creditor: Nationstar Mortgage LLC, Lewisville, Texas. Property: 20 Tashua Road, Trumbull. Mortgage default. Filed Feb. 6. Deleon, Jairon, et al. Creditor: Bank of America NA, Miamisburg, Ohio. Property: 17 Orlando Ave., Stamford. Mortgage default. Filed Feb. 9. Doyle, Christy V., et al. Creditor: Bank of America NA, Tempe, Ariz. Property: 21 Castle Hill Drive, Bethel. Mortgage default. Filed Feb. 12. D’Urso, Joseph M., et al. Creditor: Ocwen Loan Servicing LLC, Lewisville, Texas. Property: 24 Circular Ave., Unit 2A, Bridgeport. Delinquent common charges. Filed Feb. 19. Erol, Canan, et al. Creditor: JPMorgan Chase Bank NA, Cheektowago, N.Y. Property: 24 Ardmore St., Fairfield. Mortgage default. Filed Feb. 13. Fanning, Ryan M., et al. Creditor: Citimortgage Inc., Calabasas, Calif. Property: 25 Eagle Rock Circle, Monroe. Mortgage default. Filed Feb. 13. Filho, Joao P. Dos Santos, et al. Creditor: Household Realty Corp., Brandon, Fla. Property: 35 Fairchild Drive, Bethel. Mortgage default. Filed Feb. 17. Germain, Adeline B., et al. Creditor: Nationstar Mortgage LLC, Lewisville, Texas. Property: 131 Rocton Ave., Bridgeport. Mortgage default Filed Feb. 17.
Hudson, Sharon E., et al. Creditor: JPMorgan Chase Bank NA, Columbus, Ohio. Property: Map 712, Chase Walnut Tree Hill, Newtown. Mortgage default. Filed Feb. 17. Johnson, Stephen J. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 24 Plum St., Fairfield. Mortgage default. Filed Feb. 10. Kaplan, Phyllis D., et al. Creditor: Webster Bank NA, Waterbury. Property: Unit 76 of Old Town Common Condominium, Bridgeport. Delinquent common charges. Filed Feb. 18. Kasbarian Jr., Frederick S., et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: Lots 51, 52, 53 and 54, Map 92, Newtown. Mortgage default. Filed Feb. 13. King, Justin G., et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 82 Stoneleigh Road, Trumbull. Mortgage default. Filed Feb. 17. Klages Jr., John R., et al. Creditor: Deutsche Bank National Trust Co., Plano, Texas. Property: 86 Blanket Meadow Road, Monroe. Mortgage default. Filed Feb. 9. Kosut, Lori, et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 3250 Fairfield Ave., Unit 202, Bridgeport. Delinquent common charges. Filed Feb. 17. MacCloy, Robert, et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 155 Hammertown Road, Monroe. Mortgage default. Filed Feb. 25. Worrell, Ivette D. and Dwight J. Worrell, et al. Creditor: Citibank NA, Sioux Falls S.D. Property: 5 Frontage Road, Newtown. Mortgage default. Filed Feb. 17.
JUDGMENTS Alkihatib, Eid, Shelton. $827 in favor of Advanced Radiology Consultants LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 42 Hiawatha Trail, Shelton. Filed Feb. 6. Andrejecsk, Joseph T., et al., Trumbull. $9,438 in favor of Southern Connecticut Gas Co., Bridgeport, by Lynch, Traub, Keefe & Errante, New Haven. Property: 31 Franklin St., Trumbull. Filed Feb. 2.
Arditi, Chrissey A., Bethel. $1,494 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 21 Cindy Lane, Bethel. Filed Feb. 10. B & D Real Estate LLC and Brian T. Scott, Stratford. $2,764 in favor of Charles DeFilippo, Peter Keenan and Christian Ilies, Hamden, by Peter A. Berdon, New Haven. Property: 1033 and 1039 Reef Road, Fairfield. Filed Feb. 9. Baytar, Donna, Shelton. $7,855 in favor of Griffin Hospital, Derby, by Christine L. Curtiss, Derby. Property: 19 Tuckahoe Drive, Shelton. Filed Jan. 22. Billerback, Ken, Shelton. $574 in favor of Petro Inc., Melville, N.Y., by Gerald S. Knopf, Stamford. Property: 116 Winibig Trail, Shelton. Filed Feb. 13. Bomel Jr., Edward Van, Shelton. $25,116 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 21 Providence Ave., Shelton. Filed Feb. 13. Boyce, Michael Gene, Shelton. $13,275 in favor of Discover Bank, New Albany, Ohio, by The Law Offices of Howard Lee Schiff PC, East Hartford. Property: 50 Highland Ave., Shelton. Filed Feb. 13. Bunn, James, Shelton. $628 in favor of Advanced Radiology Consultants LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 2 Rosedale Circle, Shelton. Filed Jan. 28. Campos, Geraldo, Fairfield. $1,236 in favor of Advanced Radiology Consultants LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 1718 Stratfield Road, Fairfield. Filed Feb. 9. Champagne, Laurie and Scott Champagne, Monroe. $6,617 in favor of Griffin Hospital, Derby, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 324 Stanley Road, Monroe. Filed Feb. 9. Chowanec, Anna, Shelton. $2,825 in favor of Standard Oil of Connecticut Inc., Bridgeport, by Philip H. Monagan, Waterbury. Property: 40 Anna St., Shelton. Filed Feb. 19. Conklin, Christine, Newtown. $712 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 9 Alpine Circle, Newtown. Filed Feb. 9.
FACTS Docu, Daniel, Bridgeport. $1,161 in favor of Carlson Therapy Network PC, Cheshire, by Flanagan & Peat, Danbury. Property: 200 McKinley Ave., Bridgeport. Filed Feb. 19.
Reid, Nathan, Bridgeport. $478 in favor of Standard Oil of CT Inc., Bridgeport, by Philip H. Monogan, Waterbury. Property: 46 Lewis Place, Bridgeport. Filed Feb. 18.
Donofrio, Francesca and Ernesto Donofrio, Stamford. $1,344 in favor of Long Ride Camp of Long Ridge School, Stamford, by Gordon & Scalo, Bridgeport. Property: 264 Mill Road, Stamford. Filed Feb. 10.
Rodgerson, Kris, Monroe. $13,176 in favor of Cach LLC, Denver, Colo., by J.A. Cambece Law Firm PC, Beverly, Mass. Property: 5 Rockview Circle, Monroe. Filed Jan. 20.
Esarey, David, Newtown. $1,336 in favor of the Danbury Office of Physician Services PC, Danbury, by Flanagan & Peat, Danbury. Property: 164 Hattertown Road, Newtown. Filed Feb. 9. Goncalves, Fernanda L., Shelton. $34,910 in favor of Aquarion Water Company of Connecticut, Bridgeport, by Day Pitney LLP, Stamford. Property: 10 Copper Penny Lane, Shelton. Filed Feb. 4. Hunte, Dawne, Shelton. $3,275 in favor of Discover Bank, New Albany, Ohio, by The Law Offices of Howard Lee Schiff PC, East Hartford. Property: 44 Applewood Drive, Shelton. Filed Feb. 19. Iwaszkiewicz, Barbara and Wojciech Iwaszkiewicz, Fairfield. $615 in favor of Bridgeport Radiological Associates LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 260 Homestead Lane, Fairfield. Filed Feb. 17. Lyddy, Amy and Ryan Lyddy, Newtown. $2,187 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 126 Head of Meadow Road, Newtown. Filed Feb. 9. Massaro, Maral K., Monroe. $706 in favor of Bridgeport Radiological Associates LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 26 Lazy Brook Road, Monroe. Filed Feb. 17. Moore, Nancy R., Trumbull. $6,559 in favor of Southern Connecticut Gas Co., Bridgeport, by Lynch, Traub, Keefe & Errante, New Haven. Property: 2157 Huntington Turnpike, Trumbull. Filed Feb. 2. Nagle, Timothy F., Shelton. $2,238 in favor of Asset Acceptance LLC, Warren, Mich., by Tobin Melien & Marohn, New Haven. Property: 337 Leavenworth Road, Shelton. Filed Feb. 2. Pina, Jean M., Shelton. $1,083 in favor of Griffin Hospital, Derby, by Hertzmark Crean & Lahey LLP, Waterbury. Property: 18 Wallace St., Shelton. Filed Feb. 6. Prokop, Kimberly and Phillip Prokop, Shelton. $3,845 in favor of Griffin Hospital, Derby, by Hertzmark Crean & Lahey LLP, Waterbury. Property: 38 Old Coram Road, Shelton. Filed Jan. 20. Rabenold, Donna and Paul Rabenold, Shelton. $2,172 in favor of Griffin Hospital, Derby, by Hertzmark Crean & Lahey LLP, Waterbury. Property: 77 Audubon Lane, Shelton. Filed Jan. 23.
Rosario, Juan R., Trumbull. $3,260 in favor of Standard Oil of Connecticut Inc., Bridgeport, by Philip H. Monagan, Waterbury. Property: 273 Daniels Farm Road, Trumbull. Filed Feb. 2. Rowland, Diana, Monroe. $16,918 in favor of Cyril F. Mullins Funeral Homes Inc., Trumbull, by Abraham M. Hoffmann, Trumbull. Property: 124 Elm St., Monroe. Filed Jan. 2. Saloomey, Cathy, Fairfield. $1,801 in favor of Advanced Radiology Consultants LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 46 Marlborough Terrace, Fairfield. Filed Feb. 10.
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FIGURES
Austerman, Christopher S., 15 Short Drive, Bethel. $10,760, a tax debt on personal income. Filed Feb. 9.
Koller, Alexander J., 12 L. Hermitage Drive, Shelton. $9,277, a tax debt on personal income. Filed Jan. 28.
Bamford, Sam, 19 Sylvan Knoll Road, Stamford. $25,289, a tax debt on personal income. Filed Feb. 11.
Lee, Florence, P.O. Box 302, Stamford. $43,222, a tax debt on personal income. Filed Feb. 10.
Barr, Susan J. and Charles F. Barr, 14 Hudson St., Unit 32, Bethel. $168,165, a tax debt on personal income. Filed Feb. 9.
Mallis, Darren A., 100 Glennbrook Road, Apt. 26, Stamford. $20,037, a tax debt on personal income. Filed Feb. 10.
Bi, Ming, P.O. Box 861, Shelton. $39,997, a tax debt on personal income. Filed Jan. 28.
Marini, Sheila and Robert A. Marini, 47 Glenbrook Road, Trumbull. $39,063, a tax debt on personal income. Filed Feb. 9.
Blank, John, 43 Ann St., Fairfield. $1.8 million, a tax debt on personal income. Filed Feb. 17. Bonadio, Federico, 40 Surrey Drive, Shelton. $14,326, a tax debt on personal income. Filed Jan. 20. Brodbeck, Barbara P. and Albert B. Brodbeck, 56 Dundee Road, Stamford. $5,604, a tax debt on personal income. Filed Feb. 11.
Molnar, Scott, 310 Plattsville Road, Trumbull. $44,843, a tax debt on personal income. Filed Feb. 4. Morgan, John A., 140 Wallacks Drive, Stamford. $21,510, a tax debt on personal income. Filed Feb. 10. Morgenthaler, Deborah and Walter J. Morgenthaler, 12 Dagmar Place, Stamford. $5,283, a tax debt on personal income. Filed Feb. 10.
Searles, Dorothy and John Searles, Shelton. $1,291 in favor of Griffin Hospital, Derby, by Hertzmark Crean & Lahey LLP, Waterbury. Property: 127 New St., Shelton. Filed Jan. 20.
Canaan Ridge School Corp., 2810 Long Ridge Road, Stamford. $4,011, quarterly payroll taxes and organization exempt from tax return. Filed Feb. 10.
Pinto Pools Inc., 346 Thunder Hill Drive, Stamford. $58,921, failure to file correct returns tax penalty and quarterly payroll taxes. Filed Feb. 18.
Simmons, Maureen, Fairfield. $18,665 in favor of Carolton Chronic And Convalescent Hospital Inc., Fairfield, by Quatrella & Rizio, Fairfield. Property: 298 Country Road, Fairfield. Filed Feb. 11.
Clark, Anthony L., P.O. Box 304, Shelton. $306,526, a tax debt on personal income. Filed Feb. 17.
Pszenitzki, Lisa K., 22C Durant Ave., Bethel. $38,707, a tax debt on personal income. Filed Feb. 9.
Dobosz, Edward, 20 Rock Ridge Road, Shelton. $212,326, civil proceedings tax. Filed Jan. 20.
Rosario, Jose A., 170 Selleck St., Stamford. $36,221, a tax debt on personal income. Filed Feb. 10.
Duggan, James P., 31 Norvel Lane, Stamford. $89,659, a tax debt on personal income. Filed Feb. 18.
Sagnelli, Caroline and Kenneth L. Sagnelli, 1903 Long Ridge Road, Stamford. $34,158, a tax debt on personal income. Filed Feb. 11.
Sorensen, Amy, Shelton. $559 in favor of Advanced Radiology Consultants LLC, Trumbull, by Nathanson Cipriano and Gambardella PC, Hamden. Property: 30 Blueberry Lane, Shelton. Filed Jan. 28.
LEASES Arroyo, Daniel, by self. Landlord: Success Village Apartments Inc., Bridgeport. Property: Apt. 1, Building 15, Court A., Bridgeport. Term: 99 years, commenced Feb. 18, 2015. Filed Feb. 19. Shareef Jandali Plastic Surgery LLC, by Phil Dryenar. Landlord: RDR 5520 LLC. Property: 552 Park Ave., Trumbull. Term: 10 years, commenced Dec. 23, 2014. Filed Feb. 3.
LIENS
Fish Tales LLC, 379 Shippan Ave., Stamford. $2,838, quarterly payroll taxes. Filed Feb. 11. Fitness Ventures LLC, 13 Stony Hill Road, Bethel. $57,245, US return of partnership income tax, failure to file correct returns tax penalty and quarterly payroll taxes. Filed Feb. 10. Gallo, Jonathan, 255 Masarik Ave., Fairfield. $18,847, a tax debt on personal income. Filed Feb. 9. Gonzalez, Jose E., 46 Hinckley Ave., Stamford. $17,476, a tax debt on personal income. Filed Feb. 10. Gregorio, Todd, 239 Lake Ave., Unit 2, Trumbull. $48,464, a tax debt on personal income. Filed Feb. 4.
FEDERAL TAX LIENSFILED
Gresko, Ruslan, 43 Seevue Ave., Apt. 9, Stamford. $127,011, a tax debt on personal income. Filed Feb. 11.
AA Beatriz Leon Marin Estate, 40 Gleneida Ave., Fairfield. $2 million, generation skipping estate tax. Filed Feb. 9.
Ivan, Scott, 4 Cherry Lane, Bethel. $68,259, a tax debt on personal income. Filed Feb. 17. Kellman, Cheryl A., 421 Governors Lane, Fairfield. $26,658, a tax debt on personal income. Filed Feb. 17.
Sugar Hill LLC, 153 Sugar St., Newtown. $30,855, U.S. return of partnership income tax and quarterly payroll taxes. Filed Feb. 11. Tavron, Richard L., 150 Southfield Ave., Apt. 2138, Stamford. $518,554, a tax debt on personal income. Filed Feb. 18. Tomasulo, James J., 4 Autumn Ridge Road, Newtown. $9,922, a tax debt on personal income. Filed Feb. 17. Viola, Stephanie, 20 Windell Place, Stamford. $28,893, a tax debt on personal income. Filed Feb. 18. Zurita, Celia P. and Johnny E. Zurita, 29 Arthur Place, Stamford. $28,357, a tax debt on personal income. Filed Feb. 11.
FEDERAL TAX LIENSRELEASED Barneby, John S., 23 Ojibwa Trail, Shelton. $68,754, a tax debt on personal income. Filed Jan. 28.
Berman, Frauke and Richard Berman, 338 W. 84th St., Fairfield. $54,217, a tax debt on personal income. Filed Feb. 17.
Seeger, Lisa E. and Stephan E. Seeger, 108 Lenox Ave., Stamford. $29,928 a tax debt on personal income. Filed Feb. 18.
Blick, Gary, 312 Erskine Road, Stamford. $149,072, a tax debt on personal income. Filed Feb. 10.
Tonne, Jocelyn S. and Harrison L. Tonne, 100 Parrott Drive, Unit 502, Shelton. $14,589, a tax debt on personal income. Filed Feb. 17.
Blick, Gary, 312 Erskine Road, Stamford. $36,063, a tax debt on personal income. Filed Feb. 10. Borowski, Paul E., 22 Paul St., Fairfield. $196,445, a tax debt on personal income. Filed Feb. 17. D S O Mechanical Corp., 7182 Main St., Trumbull. $25,478, payroll taxes and quarterly payroll taxes. Filed Feb. 9. Debutts, Mary and Russell Marcus, 81 Myren St., Fairfield. $15,759, a tax debt on personal income. Filed Feb. 11. Dishongh, Lisa A., 205 Sun Dance Road, Stamford. $312,040, a tax debt on personal income. Filed Feb. 10. Fagan, Linda J. and Donald L. Fagan, 1 Third Ave., Fairfield. $17,181, a tax debt on personal income. Filed Feb. 17. Farrah, Richard, 47 Millwood Drive, Bethel. $9,610, a tax debt on personal income. Filed Feb. 17. Golov, Fred S., 218 Quarry Road, Stamford. $69,535, a tax debt on personal income. Filed Feb. 18. Grimaldi, James V. and Country Air Heating & Cooling, 26 Paugussett Road, Newtown. $1,372 quarterly payroll taxes. Filed Feb. 11. Koenig, Mark S., 24 Arden Road, Trumbull. $7,078, a tax debt on personal income. Filed Feb. 17. Kujan, John W., 4634 Black Rock Turnpike, Fairfield. $10,050, a tax debt on personal income. Filed Feb. 17. Marcus, Russell, 81 Myron St., Fairfield. $62,415, a tax debt on personal income. Filed Feb. 11. Moles, Helen V. and William M. Moles, 3 Governors Lane, Bethel. $42,320, a tax debt on personal income. Filed Feb. 17. Moles, Jennifer and William M. Moles, 3 Governors Lane, Bethel. $24,523, a tax debt on personal income. Filed Feb. 17. O’Neill, Eamir, 28 Middlebury St., Stamford. $8,311, a tax debt on personal income. Filed Feb. 20. Savino, Wendy A. and Dominick J. Savino, 73 Governors Lane, Fairfield. $60,531, a tax debt on personal income. Filed Feb. 17.
Villa Organization Inc., 18 Soundcrest Drive, Shelton. $4,348, failure to file correct returns tax penalty. Filed Feb. 17. Weddle, Andrew, 105 MacGregor Drive, Stamford. $29,725, a tax debt on personal income. Filed Feb. 18. Zebendon, Cheryl A. and Randy K. Zebendon, 9 Pasture Lane, Shelton. $27,264, a tax debt on personal income. Filed Feb. 17.
MECHANIC’S LIENSFILED 467 West Main Associates LLC, Stamford. Filed by O & G Industries Inc. and Elite Excavation & Construction LLC, Torrington, by Paul J. Patch. Property: 467 Main Street and 138 West Ave., Stamford. Amount: $21,820. Filed Feb. 18. Fox, Jennifer, Newtown. Filed by Selma Granite LLC, Derby, by Zouhdi Abouneameh. Property: 18 Nutmeg Lane, Newtown. Amount: $2,074. Filed Feb. 20. Nine West Broad Property LLC, Stamford. Filed by All Phase Steel Works LLC, Bridgeport, by Paul J. Pinto. Property: West Broad Street North and Mill River, Stamford. Amount: $69,964. Filed Feb. 17. Rich Capelli Associates LLC, Valhalla, N.Y. Filed by Lessard Design Inc., Vienna, Va., by Mark P. Wilbur. Property: Rich-Cappelli Unit of The Atlantic Centre Condominium, Stamford. Amount: $473,863. Filed Feb. 20.
LIS PENDENS 5 Star Holdings LLC, et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 762-764 Grand St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Albert, Aaron M., Shelton. Filed by Welch, Teodosto Stanek & Blake LLC, Shelton, for Webster Bank NA, Waterbury. Property: 17 Coram Road, Unit 1F, Shelton. Action: to foreclose on a delinquent mortgage in the original principal amount of $201,500, dated November 2007. Filed Jan. 21.
Schrager, Sher H. and Frederick H. Schrager, 98 Southfield Ave. Apt. 603, Stamford. $12,230, a tax debt on personal income. Filed Feb. 18.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 29
FACTS Kehle III, Kimberly J., et al., Stamford. Filed by Ackerly & Ward, Stamford, for Marina Bay Association Inc., Stamford. Property: Unit 44 of Marina Bay, Stamford. Action: to foreclose on a condominium lien for delinquent common charges and assessments and take immediate possession of the premises. Filed Feb. 19. Langston, Alice I., et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 171-177 Wake St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 18. Lawson, Doret, et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 123 Shell St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Longo III, Paul A., et al., Stamford. Filed by Ackerly & Ward, Stamford, for the Stamford Water Pollution Control Authority, Stamford. Property: 56 Pine Tree Drive, Stamford. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Mejia, Ana C. and Laureano Mejia, et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 713-715 Capital Ave., Bridgeport. Action: to foreclose on a seweruse lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Mejia, Laureano, et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 299-303 Shelton St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Miller, Lashaunda M., et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 1432-1434 Reservoir Ave., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 18.
Rumore, Gloria D., et al., Stamford. Filed by Ackerly & Ward, Stamford, for the Stamford Water Pollution Control Authority, Stamford. Property: 511-517 Glenbrook Road, Stamford. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 12.
Secretary of Housing and Urban Development, Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 100 Burnsford Ave., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Sierra, Manuel A., et al., Bridgeport. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 230-234 Federal St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. Simon, John P., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Connecticut Housing Finance Authority, Bridgeport. Property: 3380 Madison Ave., Unit 16A, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $115,200, dated July 2010. Filed Feb. 18. The Bank of New York Mellon, trustee, New York, N.Y. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 61-65 Orland St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 18. U.S. Bank NA, Salt Lake City, Utah. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 1050-1052 Stratford Ave., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17. U.S. Bank NA, Salt Lake City, Utah. Filed by The Law Office of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 1092-1096 Madison Ave., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees and take immediate possession of the premises. Filed Feb. 17.
MORTGAGES
COMMERCIAL 140 Bridgeport Avenue LLC, Shelton, by John Chaves. Lender: Fairfield County Bank, Ridgefield. Property: 140 Bridgeport Ave., Shelton. Amount: $282,000. Filed Feb. 13. 243 Pacific Street LLC, Bridgeport, by Joaquim Alves Ferreira. Lender: Secure Capital Group LLC, Stratford. Property: 219-221 Pacific St., and 4953 Worth St., Bridgeport. Amount: $125,000. Filed Feb. 17.
&
FIGURES
25 Bank Street LLC, Stamford, by John J. Dimenna Jr. Lender: Patriot National Bank NA, Stamford. Property: 25 Bank St., Stamford. Amount: $3 million. Filed Feb. 9.
Trumbull Shopping Center No. 2 LLC, Trumbull, by West-OC OP LLC. Lender: Column Financial Inc., New York, N.Y. Property: Map 2593, Trumbull. Amount: $75 million. Filed Feb. 4.
268 Hope Street LLC, Rye Brook, N.Y., by Michael Baruch. Lender: United Bank, Glastonbury. Property: 268 Hope St., Stamford. Amount: $275,000. Filed Feb. 11.
WQ Trading LLC, Naples, Fla., by Whitney Quillen. Lender: Stage Point Fund LLC, Naples, Fla. Property: 39 Brookwood Drive, Newtown. Amount: $336,000. Filed Feb. 20.
290 Howe Avenue LLC, Shelton, by Jennifer M. Schwartzman. Lender: Ion Bank, Naugatuck. Property: 290 Howe Ave., Shelton. Amount: $371,250. Filed Feb. 13. 980 Hancock Associates LLC, Bridgeport, by Janos Uania. Lender: Geroge Seretis, Astoria, N.Y. Property: 980-984 Hancock Ave., Bridgeport. Amount: $65,000. Filed Feb. 17. CT Trio Limited Partnership, Stamford, by Roger Ip. Lender: Global Bank, New York, N.Y. Property: 720 Bedford St., Stamford. Amount: $2.4 million. Filed Feb. 17. Drake Petroleum Company Inc., Waltham, Mass., by Edward J. Faneuil. Lender: Bank of America NA, Boston, Mass. Property: 540 Boston Ave., Bridgeport. Amount: $2.1 million. Filed Feb. 18. Financial Mortgage Consultants LLC, Bridgeport, by R. Sean Kuzma. Lender: RCN Capital Funding LLC, South Windsor. Property: 543 Savoy St., Bridgeport. Amount: $80,000. Filed Feb. 17. Hawks Ridge of Shelton LLC, Shelton, by J&L Enterprise LLC. Lender: Lovosa Wells, et al. Property: 19 Peachtree Lane, Shelton. Amount: $5.8 million. Filed Jan. 23. Merryhill Child Care Center Inc., Newtown, by Karen Tuller. Lender: Newtown Savings Bank, Newtown. Property: Lot 6, Map 7208, Newtown. Amount: $102,000. Filed Feb. 20. Prelude Music Center LLC, Brookfield, by John Miele. Lender: Bank of Danbury, Danbury. Property: 100 Corporate Drive, Unit A101, Trumbull. Amount: $114,000. Filed Feb. 9. RGR Shelton LLC, Fairfield, by Bryan Robik. Lender: Webster Bank NA, Cheshire. Property: 125 Kyles Way, Unit 70, Shelton. Amount: $925,000. Filed Jan. 23. Seven Farmer LLC, Fairfield, by Edward J. Faneuil. Lender: People’s United Bank, NA, Bridgeport. Property: 242 Main St., Unit 3, Fairfield. Amount: $795,000. Filed Feb. 13. Spring Enterprise LLC, Stamford, by Pepe Huyhua. Lender: First Country Bank, Stamford. Property: Lot 8, Map 1374, Stamford. Amount: $300,000. Filed Feb. 10. Tra Prospect LLC, Norwalk, by Robert P. Colgan. Lender: First Country Bank, Stamford. Property: 110 Prospect St., Stamford. Amount: $768,750. Filed Feb. 19.
30 Week of March 9, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL
NEW BUSINESSES A D.E.S.I.R.E., 185 Union Ave., Bridgeport 06607, c/o Tieresha Snell and Rondell Cook. Filed Feb. 18. AJ Moving Co., 646 Central Ave., Bridgeport 06607, c/o Casmore Jones. Filed Feb. 18. All New All Starts Barbershop LLC, 535 E. Main St., Bridgeport 06608, c/o Elliot Lopez. Filed Feb. 18.
Grand Dental, 1041-1043 E. Main St., Bridgeport 06608, c/o Iffat Nazneen. Filed Feb. 18. Gregg Iwaszkiewicz Carpentry, 260 Homestead Lane, Fairfield 06824, c/o Gregg Iwaszkiewicz. Filed Feb. 13. Gwynneth Jones Interiors, 377 Penfield Road, Fairfield 06824, c/o Gwynneth Jones. Filed Feb. 13. La Cran Placita Meat Market + Deli LLC, 2634 Main St., Bridgeport 06606, c/o William Ortiz. Filed Feb. 17. La Cran Placita Meat Market + Deli LLC, 2634 Main St., Bridgeport 06606, c/o Yineilis Ortiz. Filed Feb. 17. Leslie LaSala, 115 Somerset Ave., Fairfield 06824, c/o Leslie LaSala. Filed Feb. 17. Milk Plus, 170 Post Road, Fairfield 06824, c/o Fayez Shaham. Filed Feb. 19.
BB International, 237 Riverside Drive, Fairfield 06824, c/o Barbara Baker. Filed Feb. 18.
Nicholas Basso, 10 Main St., Bethel 06801, c/o Nicholas Basso. Filed Feb. 18.
Body - By Her, 787 Brooks St., Bridgeport 06608, c/o Lana S. Chung. Filed Feb. 19.
Painting Perfection, 41 Bishop Ave., Bridgeport 06607, c/o Jonathan Charlton. Filed Feb. 19.
Casablanca Deli LLC, 2091 Fairfield Ave., Bridgeport 06605, c/o Anela Douich. Filed Feb. 20.
Preferred Automotive Components, 30 Forest Parkway, Shelton 06484, c/o Michael Fortin. Filed Feb. 20.
Cesy’s Hair Studio, 427 Stillson Road, Suite 103, Fairfield 06824, c/o Ana Knights. Filed Feb. 19.
Pro-Tech Painting Co., 694 Mewett Ave., Bridgeport 06606, c/o Rodrigo A. Teixeira. Filed Feb. 19.
Church of God International, 1967 Main St., Bridgeport 06604, c/o Dave Luc Joseph. Filed Feb. 19.
Ravie And Son Delivery Service, 35 Dale St., Bridgeport 06606, c/o Chandrakale Khemnauth. Filed Feb. 19.
College Docs, 400 Stillson Road, Fairfield 06824, c/o Vicki Boudin and Joan Franklin. Filed Feb. 19.
Taco Loco Restaurant & Catering, 3170 Fairfield Ave., Bridgeport 06604, c/o Taco Plus Inc. Filed Feb. 18.
Donut Crazy, 781 River Road, Shelton 06484, c/o Jason Wojnarowski. Filed Feb. 13.
Taco Loco, 3170 Fairfield Ave., Bridgeport 06604, c/o Miguel Tomasio. Filed Feb. 18.
Elliott’s Cleaning and Maintenance Services, 242 Parrott Ave., Bridgeport 06606, c/o Rohan C. Elliott. Filed Feb. 19.
Talented and Gifted Hair Salon, 411 E. Main St., Bridgeport 06606, c/o David Council. Filed Feb. 19.
Enviro Express Inc., 555 Wordin Ave., Bridgeport 06605, c/o Susan Chodkowski. Filed Feb. 19.
The Girls Gym, 142 Wade St., Bridgeport 06604, c/o Janell Titus. Filed Feb. 19.
Enviro Master of Connecticut, 70 Maple Drive, Fairfield 06824, c/o B & X Enterprises. Filed Feb. 17.
The Salvation Army Family Thrift Store, 345 Huntington Turnpike, Bridgeport 06606, c/o Kim Grant Dodger. Filed Feb. 18.
EZ Stop Deli & Variety LLC, 2091 Fairfield Ave., Bridgeport 06605, c/o Youssef Lakbiri. Filed Feb. 20.
Themes & Variations, 1255 Fairfield Beach Road, Fairfield 06824, c/o John W. Waxman. Filed Feb. 13.
Fancy Angel Nails, 494 Bridgeport Ave., Shelton 06484, c/o Feng Jiang. Filed Feb. 18.
Wilson’s Construction Services, 599 Shelton St., Bridgeport 06608, c/o Wilson Pelaez. Filed Feb. 19.
Fidelio Music Publishing Co., 1255 Fairfield Beach Road, Fairfield 06824, c/o John W. Waxman. Filed Feb. 13.
PATENTS The following patents were issued by the U.S. Patent and Trademark Office in Washington, D.C. Edge contrast adjustment filter. Patent no. 8,971,658 issued to Guo-Yau Lin, Fairport, N.Y.; and Jon McElvain, Manhattan Beach, Calif. Assigned to Xerox Corp., Norwalk. Identification of significant sequences of fault codes by statistical hypothesis testing. Patent no. 8,972,330 issued to Shi Zhao, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. Methods and system for automated in-field hierarchical training of a vehicle-detection system. Patent no. 8,971,581 issued to Wencheng Wu, Webster, N.Y.; Orhan Bulan, Rochester, N.Y.; Yao Rong Wang, Webster, N.Y.; and Robert P. Loce, Webster, N.Y. Assigned to Xerox Corp., Norwalk. Minute ventilation estimation based on depth maps. Patent no. 8,971,985 issued to Edgar A. Bernal, Webster, N.Y.; Lalit Keshav Mestha, Fairport, N.Y.; and Beilei Xu, Penfield, N.Y. Assigned to Xerox Corp., Norwalk. Moveable platen cart for handling sheets of substrate media in a printing system. Patent no. 8,967,792 issued to Mark A. Atwood, Rush, N.Y.; and James Joseph Spence, Honeoye Falls, N.Y. Assigned to Xerox Corp., Norwalk. Multiphase search and presentation for vertical search websites. Patent no. 8,972,434 issued to Paul M. English, Norwalk; Travis M. Gebhardt, Norwalk; Kristin P. Harkness, Norwalk; Lincoln D. Jackson, Norwalk; Jeffrey A. Rago, Norwalk; Paul D. Schwenk, Norwalk; and Brenda L. White, Norwalk. Assigned to Kayak Software Corp., Norwalk. Oligomeric rosin esters for use in inks. Patent no. 8,969,611 issued to Rina Carlini, Oakville, Calif.; and Adela Goredema, Mississauga, Calif. Assigned to Xerox Corp., Norwalk. Point-of-need access to an electronic maintenance manual utilizing current machine status. Patent no. 8,972,804 issued to Nicholas W. Czebiniak, Williamson, N.Y.; Charles P. Vorndran, Rochester, N.Y.; John R. Russell, Rochester, N.Y.; Cheryl M. Koenig, Ontario, N.Y.; and Suraj Kumar, Webster, N.Y. Assigned to Xerox Corp., Norwalk. Video-tracking for video-based speed enforcement. Patent no. 8,971,573 issued to Wencheng Wu, Webster, N.Y. Assigned to Xerox Corp., Norwalk. Windshield localization for occupancy detection. Patent no. 8,971,579 issued to Beilei Xu, Penfield, N.Y.; and Peter Paul, Webster, N.Y. Assigned to Xerox Corp., Norwalk.
BUSINESS CONNECTIONS EVENTS
ISSUES & POLICIES
Jobs the Ultimate Goal of Unemployment Reforms
“W
e don’t want to be on unemployment, we just want to work.”
That’s what a trade union representative recently told the General Assembly’s Labor Committee, whose members learned about a major barrier to jobs in Connecticut and what they can do to eliminate it. The committee’s hearing in Middletown focused mainly on municipal prevailing wage issues, but the committee also took up several reforms of the state’s unemployment compensation system that can help reduce costs—and help put people more back to work. Employers in the state continue to face higher and higher costs to pay back the nearly billion-dollar federal loan the state needed to keep the unemployment system afloat. And those rising costs are stifling economic activity and job creation. Connecticut’s job creators alone are responsible for paying back the federal loan, and they’ve been facing annual tax increases and special assessments in order to speed up the repayment. Just as an employee can become unemployed through no fault of his or her own, employers—including those that never had to lay off an employee during the recession— have had to pay higher federal unemployment taxes each year since the recession through no fault of their own. Why are Connecticut employers paying so much more? Mainly because Connecticut, unlike many other states,
has put off reforming unemployment benefits—and that’s led to more going out of the system than coming in. HB 5851, however, would use some of the best ideas of other states to reform our unemployment compensation system, such as: f Requiring claimants to wait a week before receiving benefits (like they do in 41 other states) f Raising the earnings needed by a claimant to qualify for unemployment benefits to $2,000 (CT has been at $600 since 1982) f Basing benefits off an employee’s annual salary rather than two highest quarters to stop unfairly rewarding seasonal workers (just like they do in 16 states) f Freezing automatic increases to unemployment benefits for three years f Requiring claimants to post their resume online after their sixth consecutive week of unemployment benefits to encourage their effort to return to work. Our state’s failure to make these reforms for so many years has helped to push Connecticut’s unemployment trust fund to a point of perpetual insolvency. Meanwhile, neighboring states, all of whom made some or all of the reforms found in HB 5851, are enjoying solvent unemployment trust fund safety nets without threatening their business communities with yet another tax increase. f Read more at gov.cbia.com
J
oin hundreds of business leaders from across the state at Connecticut Business Day, March 25 at the state Legislative Office Building in Hartford. f Learn what’s going on in the General Assembly this year f Voice your support for proposals that can move Connecticut up in national competitiveness rankings f Speak out about measures that will stop our progress
SCAN TO REGISTER!
f Meet with your local state legislators f Make your voice heard! There will be special guest speakers, and regional breakouts with legislators. Let’s do everything possible to help Connecticut’s economy fulfill its enormous potential. This is the biggest day for Connecticut business at the State Capitol. Help make it the best—encourage your colleagues, friends and associates to join you.
Date: Wednesday, March 25, 2015 Time: Registration: 7:15 am Program: 8:05–11:30 am Place: State Legislative Office Building 300 Capitol Ave., Hartford Cost: FREE
f Register at cbia.com
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of March 9, 2015 31
NOMINATE a DOCTOR IN THE FOLLOWING CATEGORIES:
DOCTORS of DISTINCTION
Saluting those who go beyond the diagnosis
2015 A UNIQUE AWARD PROGRAM CELEBRATES THE ACCOMPLISHMENTS OF FIVE PHYSICIANS IN FAIRFIELD COUNTY JUDGED BY A PANEL OF PEERS AND SCHOLARS TO BE THE MOST EXEMPLARY IN THE PROGRAM’S CATEGORIES. THIS PRESTIGIOUS EVENT IS SPONSORED BY ACCOUNTING AND CONSULTING FIRM CITRIN COOPERMAN, THE FAIRFIELD COUNTY BUSINESS JOURNAL, AND QUINNIPIAC UNIVERSITY FRANK H. NETTER SCHOOL OF MEDICINE.
Open to nominations from the public, this is an opportunity to recognize those physicians who make an impact each and every day on people’s lives. NOMINATIONS will be open from now until April 6. To nominate please visit westfaironline.com for instructions and nomination forms or call Holly DeBartolo at (914) 358-0743.
}}HUMANITARIAN AWARD: In recognition of a physician
whose project or service significantly enhanced the quality of life for people in the region, the nation, or the world.
}}LIFETIME ACHIEVEMENT AWARD: In recognition of a physi-
cian respected for a lifetime career in the medical profession.
}}LEADERSHIP IN MEDICAL ADVOCACY AWARD: In recognition
of a physician who has provided exceptional leadership in the form of advocacy on behalf of the medical profession at the local, state, or national level.
}}COMMUNITY SERVICE AWARD: In recognition of a physician
for providing pro bono patient medical care services for people in need.
}}EXCELLENCE IN MEDICAL RESEARCH AWARD: In recognition
of a physician whose ingenuity or clinical research significantly contributed to the advancement of medical practice.
AWARD PRESENTATION A distinguished panel of judges will choose a winner in each category, all of whom will be awarded at the elegant reception and ceremony below.
May 12
5:30 p.m. SPONSORS
The Lockwood-Mathews Mansion Museum, Norwalk