3 | FLICK BAIT July 24, 2017 | VOL. 53, No. 30
11 | OLYMPIC HOPES
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OTB at Bobby V’s
IS DANBURY NEXT? BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com
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activity in the first quarter. The county’s office availability rate climbed to 27.1 percent in the recently ended quarter, a 5.7 percent increase from the second quarter of 2016 and a new peak for the Fairfield market, according to NKF researchers. Through the first six months of this year, gross leasing activity totaled 1.8 million square feet, a 21.7 percent leap from the first half of 2016, according to NKF. Lease renewals accounted for 950,000 square feet of that total, nearly double the level of renewals in the same period last year. Sublease deals accounted for nearly 150,000 square feet of office space
he new Bobby V’s Restaurant & Sports Bar opened July 12 at 268 Atlantic St. in Stamford, not far from the site at 225 Main St. that it called home for 37 years. And the world did not end. Pardon the hyperbole, but as the new Bobby V’s features an off-track betting facility, emotions can run high. Concerns about gambling and preconceptions about the stereotypically disreputable people who patronize OTB parlors, in addition to unforeseen construction-related matters, contributed to delays in the opening. “I totally get it,” said Ted Taylor, president of Sportech Venues, which has exclusive licensing rights to OTB in Connecticut. “People hear ‘OTB’ and they think of the old, dirty, run-down places in New York that you wouldn’t want yourself or your family exposed to. “But this is different,” said Taylor, who is trying to establish an OTB parlor at Two Steps Downtown Grille in Danbury. “What we’re doing is a mix of an all-ages sports bar that may not have a strict dress code but does have a conduct code. The design has a lot of dark wood, which emphasizes that this is both family-friendly and a cut above your typical sports bar.” The approximately 30,000-squarefoot building is the second project between Sportech and Stamford-born Bobby Valentine, the former Major League Baseball player and manager who’s also executive director of athletics at Sacred Heart University in Fairfield. The pair also operates a Bobby V’s in Windsor Locks, near Bradley International Airport. “I ask people to visit us in Windsor Locks to see what it’s like,” Taylor said. “I can talk and talk, but actually seeing it has helped a lot of people understand what
» Leases, page 6
» Bobby V's, page 6
Black Enterprise See story on page 2
Inspired by an African-American business community of a century ago, Eldorado Anderson champions black enterprise in his native Bridgeport. Photo by Phil Hall.
Renewals, subleases drive Fairfield office leasing BY PHIL HALL phall@westfairinc.com
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ease renewals rather than new lease deals fueled Fairfield County’s office market in the first half of this year, while second-quarter deals declined and
available space rose, according to recent reports from the brokerage firms Newmark Knight Frank (NKF) and Avison Young. NKF reported gross leasing activity in the second quarter totaled approximately 880,000 square feet, a 15 percent decline from the same period in 2016. Secondquarter leasing dropped 8 percent from