Fairfield County Business Journal 082415

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FAIRFIELD COUNTY

BUSINESS JOURNAL

13 | ACCOUNTING FOR JOBS

August 24, 2015 | VOL. 51, No. 34

18 | GOOD THINGS HAPPENING westfaironline.com

YOUR ONLY SOURCE FOR REGIONAL BUSINESS NEWS

Symbiosis Inc.

GREENWICH AUCTION AND CACHÉ NAIL SPA SHARE THE SAME ROOF BY BILL FALLON bfallon@westfairinc.com

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David Johnson, principal, Stamford-based Greenwich Auction and Caché Nail Spa. Photo by Bill Fallon

y the end of August, the burgeoning national pastimes of spa pampering and shopping — seemingly oxygen itself for many — will find a home at the same 13,000-squarefoot Stamford address, where until now the shopping arm has held sway exclusively in the form of art, jewelry and antiques. Should Czar Nicholas I rejoin the quick, his sword is there for sale, soon potentially coupled with a foot rub. “Who doesn’t like to have their feet massaged?” asked David Johnson, 56, whose vision to pair art and spa businesses is underpinned by engineering and business degrees and by decades in the global corporate marketplace.

Greenwich Auction at 83 Harvard Ave., which has doubled its sales every six months since reinvigorating its auction business two years ago and the coming Caché Nail Spa, will complement each other, said Johnson, principal of both businesses. If a spa/fine art mashup appears an odd business marriage, Johnson reassures it is not: The spa has repeat-visit leisure time built in and the art business complements that with browsing built in. Johnson was already in the art business — primarily auction — when he began the search for a complementary business. A stated part of his business plan was that he could undercut the competition via location. A company flier says: “Easy I-95 access” — it is close to Exit 6 — “in Stamford’s undiscovered area means 80 percent

rent savings go into your pocket.” Quality is evident at both ends of the split space. The spa has its own entry, but feeds into the art warehouse via a marble-floored hall. Besides an abundance of marble, the spa’s floors and walls feature real walnut, not veneer. The idea has already yielded its first sale. “We won’t be open for another week or so,” Johnson said recently. “But a woman who came in for the spa and found it was not yet open walked up front and bought something.” Johnson’s Bachelor of Science in engineering from Ohio State University led to work on the Minuteman nuclear missile for the U.S. Air Force and on early digital photography for Kodak. He later earned an MBA from the » SYMBIOSIS, page 4

Party on!

STAMFORD’S CONCERT SERIES DRAWS BIG, FILLS COFFERS BY DANIELLE BRODY dbrody@westfairinc.com WHEN A TOTAL 35,000 PEOPLE came to Stamford for the city’s six-week Alive@Five Concert series this summer, new and old businesses capitalized on the crowds while, at the same time, the City that Works burnished its after-hours image. Sandy Goldstein, president of the Stamford Downtown Special Services District, a nonprofit responsible for downtown development, said the goal of the million-dollar program is to bring people into the city and to showcase it as a hip destination. The event, which has gone on for about 15 years, is produced by Stamford Downtown and the city of Stamford. It offers concerts in Columbus Park for $5 or $10 for six consecutive Thursday evenings.

The event draws people from Connecticut, Westchester and New York City, Goldstein said, adding that some only know about Stamford because of the concert series. “We get no return on our investment — our investment is all about branding the downtown,” Goldstein said. “The restaurants get incredible economic benefits.” On the last night of the series, a crowd of about 9,600 people packed into Columbus Park to see singer Shaggy perform. Police had to limit admittance, leaving at least 2,000 people to listen from beyond the event barriers around Stamford’s downtown, Goldstein said. During the concerts, the restaurants in the park area were “drop-dead booming,” and after, people dispersed throughout the area, giving some spots a 600 percent boost in sales, she said. This year some newer businesses — a start-

up app and Harbor Point bars — also took part in the action. Norwalk-based Bevrage promoted its mobile app, which launched in June, for the first time this year at Alive@Five, said CEO Dounya Irrgang. The company partners with liquor brands to offer rebates on alcohol purchases. It works with companies like SpikedSeltzer, another Norwalk business, which recently had a tent next to Bevrage’s at Alive@Five. Bevrage will initiate its big push next month when it launches in other states. Still, posting up at Alive@Five each week, which had many members of the company’s target demographic — millennials 21-28 years old who drink alcohol — led to a 20 percent to 30 percent spike in downloads every Thursday, depending on the concert attendance, Irrgang said. » PARTY, page 5


Still in the game

CONSULTANCY GROWS IN FAIRFIELD BY DANIELLE BRODY dbrody@westfairinc.com

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airfield town resident Joe Herbert has started a consulting firm for companies who can’t afford full-time executives but can still benefit from their expertise. Herbert officially launched Westover Strategic Advisors in Fairfield and Virginia. Westover provides fractional hires and advisory services in finance and accounting, marketing and human resources. “I found that there was a real need for outsourced senior people to help small to medium-size companies,” Herbert said. “If they need a CFO but can’t afford one, we work with them on a project basis or two days a week. Same for marketing or HR.”

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The team consists of five consultants with a combined experience as CFOs, controllers and marketing and HR leaders. Some of Westover’s financial services include a part-time CFO or controller for hire, closing the books and implementing QuickBooks; marketing services include helping companies develop their product launch plans, acquiring new customers and analyzing the market and HR services include recruiting, training and developing policies. Herbert and his employees work out of their clients’ offices, which he said keeps the costs down so he can pass savings on to customers. When the company grows he said he will re-evaluate the need for an office.

Fairfield resident Joe Herbert, founder of Westover Strategic Advisors.

Remedy Partners expands call center

rowing health care startup Remedy Partners, based in Darien, has expanded its call center operations to larger space in Shelton. Darien-based Signature Group, a commercial real estate brokerage firm, said it has negotiated the lease for 14,000 square feet at 100 Beard Sawmill Road to the technology and health care management company. Signature Group Principal Nick DeLuca, Remedy Partners’ exclusive broker, negotiated on Remedy’s behalf. Robert Scinto Jr. negotiated on behalf of property owner R.D. Scinto Inc.

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Herbert has a background developing business plans and financial models for both small early stage private companies and larger publicly traded firms. He was CFO at the Virginia startup DriveFactor, an insurance technology company, for three years until it sold in May. Prior to that, he was the managing director and CFO of Greenwich Associates, a professional services firm based in Stamford. Living in Connecticut for 35 years, he said he has connections in the area and has seen a demand for the services his firm offers. Westover consultants have worked with companies across all industries – from venture capital-backed, early stage startups to privately held family owned businesses.

Remedy Partners was founded in 2012 by Oxford Health Plans founder Steven Wiggins. Along with its headquarters in Darien, it already subleases a facility in Shelton, has a technical team in Manhattan and remote staff, according to the Stamford Advocate. In July the company announced it planned to add 150 to 175 jobs with a $50 million investment from Bain Capital Ventures. The company contracts with Medicare to improve health care quality and reduce costs under the Affordable Care Act’s bundled payment for care improvement

program. The success of the program and Remedy Partners’ proprietary, technology-driven approach to coordinating and managing patient “episodes of care” (90 days beginning with commencement of a hospitalization) is contributing to its rapid growth, according to the press release from Signature Group. Remedy Partners has grown to have programs at more than 1,200 health care provider sites, including more than 800 hospitals. The company, which has programs in more than 40 states, outgrew its Darien call center and turned to Signature Group’s

DeLuca to help them find larger space. DeLuca said Remedy Partner’s space requirement for the call center tripled six months into the search. The space the company leased on Beard Saw Mill Road was already set up as a call center, he said. Kirk Shelton, Remedy Partners’ director, said that reduced the company’s costs. The 142,000-square-foot building also has ample parking and is within an hour’s commute of 80 percent of the state’s workforce. The building, which is now 99 percent leased, has a gym and cafe. — Danielle Brody

State’s bottom line is improving

he state’s books for fiscal year 2015 won’t close until late September, but its largest business organization, the Connecticut Business and Industry Association, citing state officials, said “the bottom line is looking a little better.”

According to state Comptroller Kevin Lembo and the Office of Policy and Management, Connecticut could end fiscal year 2015 with a $70.9 million deficit — an improvement of $44.8 million compared with last month’s estimate. General Fund revenue for fiscal year

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2 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

2015 is expected to fall $144.5 million below initial budget expectations, Lembo said. The largest single downward revision is in the income tax, which is projected to close the fiscal year $110.5 million short of budget expectations, he said. The most significant revenue increase is in the corporation tax, which is expected to exceed the initial budget amount by $107.7 million, Lembo said. “Overall tax revenue is relatively flat,” the CBIA reported, “with tax receipts higher than budgeted for corporate taxes and lower than anticipated for personal income taxes. “The state must seriously consider and explore the many possible policy remedies – because, while jobs continue to grow, so must wages,” Lembo said in a statement.

“The issue is still about spending and overspending,” said CBIA economist Pete Gioia. “The state still needs real spending reforms to address these continuous shortfall issues.” Tax receipts through this month will continue to count toward the fiscal year 2015 balance sheet and the CBIA said that if a deficit remains, the state will use dollars from its so-called rainy day fund to close the gap. That fund is currently capped at 10 percent of the state’s tax revenue. Lembo has petitioned the legislature it to raise it to 15 percent. A final deficit for fiscal year 2015 will be determined later this year after the state’s financial books are audited and closed, according to Lembo’s office. — Bill Fallon


Portrait by renowned illustrator Joseph Adolphe.

WILMINGTON TRUST RENOWNED INSIGHT

“Are you in control of your greatest asset? The answer lies in Delaware.”

Jeffrey C. Wolken, Esq. Managing Director and Head of Wealth and Estate Planning Jeff oversees all wealth and estate planning for Wilmington Trust Company and has particular expertise in educating clients on the use of Delaware trusts for asset protection, state income tax minimization, and investment management for unique trust assets. He is part of a seasoned team of professionals who exemplify Wilmington Trust’s 112-year heritage of successfully advising clients. For access to the experience and skills of professionals like Jeff, contact a member of our Delaware team at 302-651-1665.

The state of Delaware has long been viewed as one of the most favorable places to establish a business. But what many don’t recognize is that Delaware also provides some special advantages to business owners who create a personal trust for estate planning, asset protection, or confidentiality purposes. While not all of these advantages are unique to the state, utilizing tools with a trust located in Delaware affords a business owner other benefits this trust-friendly state has to offer. Directed trusts offer control. Establishing a trust with a directed trustee feature allows a business owner to designate one or more advisors to make investment decisions for the trust that holds the business as its main asset. Asset protection trusts offer security. Delaware was among the first states to allow an asset protection trust, which enables a business owner to remain a beneficiary and have the trust assets protected from the claims of his or her creditors. Quiet trust provisions offer confidentiality. In most states, including Delaware, trustees have an obligation to keep beneficiaries informed of their

interests in the trust. In Delaware, trusts can contain “quiet” provisions tailored to a business owner’s requirements. A business owner can instruct the trustee to keep the trust confidential until a certain age or milestone is reached.

IN 1997 W I L M I N G TO N T R U S T H E L P E D P U T D E L AWA R E ’ S F I R S T A S S E T P R OT E C T I O N T R U S T L AW I N TO P R AC T I C E

Source: Wilmington Trust

For the complex estate planning needs of business owners, Delaware is a trust-friendly state, with more than 100 years of established trust law and favorable tax laws. Founded in Delaware in 1903, Wilmington Trust has extensive knowledge of the state’s favorable laws for trusts and business entities, and for decades our professionals have collaborated with partners in the financial and legal communities to help create valuable estate planning and trust legislation in Delaware. For insight into how a Delaware trust could work to meet your specific goals, visit wilmingtontrust.com/ delawareadvantage.

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This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. This article is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of your professional advisor should be sought. Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services. Investments: • Are NOT FDIC-Insured • Have NO Bank Guarantee • May Lose Value Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation (M&T). Investment management and fiduciary services are provided by Wilmington Trust Company, operating in Delaware only, and Wilmington Trust, N.A., a national bank. Loans, retail and business deposits, and other personal and business banking services and products are offered by M&T Bank, member FDIC. Wilmington Trust Company operates offices in Delaware only. Note that a few states, including Delaware, have special trust advantages that may not be available under the laws of your state of residence, including asset protection trusts and directed trusts. ©2015 Wilmington Trust Company. All rights reserved.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 11080_WestchesterBJ_Fairfield City BJ / Trim 10”w x 11.5”h

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FAIRFIELD COUNTY

Symbiosis —

BUSINESS JOURNAL

» From page 1

University of Dayton and worked executive stints across the U.S. and globally with food and beverage giants Kraft and Nestlé Waters. “We did the spa research and we reverse engineered a spa business’ profit-loss statement,” Johnson said, citing help from his wife, Gretchen, a New York City commuter who works full time in another business. “We had seen at our previous location by the passport office on Canal Street (in Stamford) that while waiting for their passports — sometimes three hours — people would shop. Actor Michael Douglas was getting his passport one day and, while he waited, he came in to shop. “Cracker Barrel uses this model,” he said, claiming the Interstate-centric restaurant chain makes more money off its general store merchandise than off its food. “What’s a business where people have to repeat their visits and where they have to wait? We did not want groceries or haircutting, so we decided on a spa.” He explained the reverse engineering: “Here’s their size. Get to know the neighborhood for the local demographic. Count the number of employees. Get their prices. Because we are already in business, we know a lot about insurance costs so we can figure that.” The process has taken 18 months. The original plan to begin the spa sooner was delayed for six months by a glut of consigned pieces for the auction business. “So we waited until we had all our ducks in a row,” he said. “And you know what? You will never have all your ducks in a row. I’m not sure that’s possible.” The move to open the spa has had a ripple effect down the hall behind the phalanxes of display cases. “We’re looking for smaller pieces now, less furniture and fewer big pieces,” Johnson said. “Or we’ll offer finger furniture: our term for furniture you take when you buy it.” The business recently held an auction — it holds two per month — for which 1,663 people registered to bid (a requirement) and 112 cast bids. The company markets through direct mail and print and, most formidably, via email. It buys lists of up to 600,000 prospective auction participants in a marketing process that costs about $1,000. An equal number of postcards would cost the company $300,000, Johnson said. That July auction saw 656 items sold for a total $157,000. Buyers were from 10 different countries. “At the big New York auction houses, they have to get $5,000 per piece to conduct business,” he said. The average price for the July Greenwich Auction was about $240, short of the $300 typical price Johnson usually averages.

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Main office telephone . . . . . . . 914-694-3600 Newsroom fax . . . . . . . . . . . . . . 914-694-3680 Sales fax . . . . . . . . . . . . . . . . . . . . 914-694-3699 Research fax . . . . . . . . . . . . . . . . .914-694-3682 Editorial e-mail bfallon@westfairinc.com

Or write to: Fairfield County Business Journal 3 Westchester Park Drive, Suite G7 White Plains, N.Y. 10604-3407 westfaironline.com Publisher • Dee DelBello Associate Publisher • Anne Jordan Managing Editor • Bob Rozycki Editor • Bill Fallon

News

Reporters • Reece Alvarez • Danielle Brody • Evan Fallor • John Golden • Georgette Gouveia • Mary Shustack • Colleen Wilson Digital Research Coordinator • Danielle Renda

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Manager • Anne Jordan Metro Sales and Custom Publishing Director • Barbara Hanlon Account Managers • Lisa Cash • Marcia Pflug • Patrice Sullivan • Rory Van Gelder

David Johnson in the new Caché Nail Spa. Photo by Bill Fallon

Estate sales are part of the auction business and Johnson has handled recent attention-getters featuring the belongings of filmmaker Ron Howard and philanthropist Mary Rockefeller. If negotiations pan out, the business will score a coup in the form of the estate of, as far as Johnson knows, the only U.S. Army Air Corps officer stationed in Iran in World War II, who remained there for decades and who collected art the entire time. Johnson said stories and histories — a gift watch from Napoleon to his brother, a portable Buddhist prayer box, a handmade frame to rival the painting it holds — separate his pieces from those available at the box stores. “I’ve always loved history and we consider ourselves stewards of history. Despite what some might think, we’re not in the ‘thing business.’ We’re in the entertainment business. These are for people who want to build a story around a piece.” Johnson has merged direct-marketing efforts with nearby paint and home remodeling store Ring’s End and Moore Physical Therapy. A just-sent-out oversize postcard may garner a 2 percent response, Johnson said, which is several times better than any of the stores might hope for mailing cards alone. And the cost was reduced from about $44,000 per store for the campaign to $11,000. Greenwich Auction is by its nature a wholesale business, said Johnson, who is also an auctioneer. It forms the foundation of the business, dating to 11 years ago when it was on Canal Street. That facility burned down — flowed by a six-year successful legal struggle to recoup losses for the company and for the more than 100 dealers who had art on the premises at the time flames broke out.

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The business has been and will remain an auction house. The art takes up 9,000 square feet and the spa the remaining 4,000 square feet. “We determined after the fire that whenever we got our feet back on the ground we were going to be in the auction business,” he said. “That was the original premise.” Art auctions appealed to Johnson because, “There’s fast action. You can grow faster. It’s interesting. You get to interact with more people and you don’t have to dust anything. It comes in and goes out.” He said his business model calls for the spa to supply 25 percent of income and, in turn, to fuel upped retail offerings to account for another 25 percent and the auction business 50 percent. Johnson related that a friend questioned the curious coupling of art purchases, plus other things like vintage clothing and a stadium’s worth of lighting fixtures, and a spa. “Our low rent will undercut the competition,” he said, citing three customers per hour required for the effort to break even. “If you work your business plan beforehand, it’ll work for you,” he said. “A friend who said it would never work heard about our first sale — even before the spa was open — and said, ‘Oh my gosh — this might actually work.’”

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Administration

Circulation and Office Manager • Sylvia Sikoutris Contracted CFO Services: Adornetto & Company L.L.C. Human Resources & Payroll Services: APS PAYROLL

Fair�ield County Business Journal (USPS# 5830) is published Weekly, 52 times a year by Westfair Communications, Inc., 3 Westchester Park Drive, White Plains, NY 10604. Periodicals Postage rates paid at White Plains, NY 10610. POSTMASTER: Send address changes to: Fair�ield County Business Journal: Westfair Communications, Inc., 3 Westchester Park Drive, White Plains, NY 10604. More than 40 percent of the Business Journal is printed on recycled newsprint. © 2014 Westfair Communications Inc. All rights reserved. Reproduction in whole or in part without written permission is prohibited

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Party — » » From page 1

“We thought it was a great way to get users and to get the word out,” Irrgang said. “We work with different retailers in Stamford and Fairfield County. It was a good way to make the app known.” About a mile away from the heart of the event, Harbor Point businesses also reaped the Alive@Five rewards. Matt Christy, market development partner for World of Beer’s New England region, said staff handed out fliers during concerts to tell people about the DJ after-parties. This was the first summer the specialty beer restaurant participated since it opened last July. Christy said on the two biggest concert nights, Boyz II Men on July 16, which saw about 9,000 people, according to Goldstein, and Shaggy on Aug. 13, sales increased about 25 percent. Christy was surprised about the lack of knowledge of the restaurant’s concept – the venue introduces mainstream beer drinkers to craft beers — and this was an effort to raise awareness. He said the shuttle that connects Harbor Point and downtown could also use more exposure. “Harbor Point is a new development,” Christy said. “It’s not fully finished. It’s basically just Sign of the Whale and World of Beer. So we’re trying to get the word out.” Next door at Sign of the Whale, Jennifer Duffy, the gastropub’s sales and events manager, said the staff talked at length about what to do during the event and decided to go with a simple strategy. “We knew that we weren’t really located right in the center, so we went with other ways of getting them in here, but not taking them away from Alive@Five,” Duffy said. The restaurant extended happy hour until 9 p.m., which attracted some of the professionals who did not want to be in the crowded downtown scene as well as some of the overflow, she said. After the concert, Sign of the Whale hosted an after party with a DJ and offered a free drink to people with a concert wristband. Laura Oggi, the marketing director at Gastro Bar, a Mediterranean restaurant on West Park Place, within earshot of the concerts, said she and the staff look forward to the event every summer because those Thursday nights are more packed than other nights. People start showing up hours before the concert to get a good seat and stay until the bar closes. “From 4 p.m. to 1 a.m. people are always in and out,” Oggi said. The restaurant hired additional staff during Alive@Five, opened a bar on its outdoor patio, and, for the first time this year, rented extra bathrooms. Another Gastro Bar first this year

About 9,600 people attended the last Alive@Five concert in Stamford Aug. 13. Photo courtesy Stamford Downtown Special Services District.

was hosting two private corporate events. The professionals came early for happy hour and had an open bar, Oggi said. The staff wasn’t sure they could handle the events because Alive@Five nights are so busy, but the evenings went smoothly and

next program, Restaurant Week, which began Aug. 17 and ends Aug. 30. “We hope that there’s a residual impact — that people who went to the different restaurants and enjoyed it enough will come back,” Goldstein said.

they will most likely do it again, she said. While the liveliest days of the concert series are behind them, the restaurants plan to keep up the momentum with happy hours, events and social media engagement. Gastro Bar is participating in Stamford Downtown’s

The College of Public and International Affairs and the M.A. in East Asian Pacific Rim Studies of

The University of Bridgeport Proudly Present the

Robert Sammis Lecture Series

Dr. Parris Chang President of the Taiwan Institute for Political, Economic and Strategic Studies

Monday August 31, 2015

5:30 P.M. Wine and Cheese Reception

China’s Emergence as a Political and Economic Power—A View from Taiwan Parris Chang is an internationally renowned authority on China and Northeast Asia. Born in Taiwan, he earned his B.A. at National Taiwan University and then came to the United States where he earned his Ph.D. in International Relations from Columbia University in 1969. Upon graduation, Dr. Chang became a faculty member at Penn State University where he was also chosen to lead Penn State’s East Asian Studies program and did so from 1970 until 1997 when he was awarded Professor Emeritus status. Dr. Chang returned to Taiwan at that time and was elected to the Taiwan Parliament and served there from 1997 until 2004. From 2004 to 2008 he served as Deputy Secretary General of the National Security Council and then was chosen to serve as Taiwan’s emissary to the Kingdom of Bahrain. Dr. Chang currently serves as President of the Taiwan Institute for Political, Economic and Strategic Studies. Dr. Chang has also served as a foreign affairs consultant to the U.S. Department of State, Voice of America and the Rand Corporation.

6:00 P.M. Presentation duPont Tower Room Arnold Bernhard Center University of Bridgeport 84 Iranistan Avenue Bridgeport Campus Please RSVP to Lindsey Christiani lchristi@bridgeport.edu 203-576-4622. B

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015

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BY ERIC MEERMAN AND TIMOTHY MEYER

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How to value a professional practice

ow much is a professional practice worth? It takes detailed analysis to get a credible number. The first step in establishing value is determining the standard of value, which includes defining the valuation’s “subject interest” – what’s being valued, that is, such as an entire business or a percentage ownership in it – and how it will be valued. There are two main standards of value. “Fair market value” is defined by the IRS as “the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of the relevant facts.” Another standard, “liquidation value,” is the value of the business’s assets if someone were to liquidate it. This usually produces a lower value than fair market value since intangible assets are excluded. Next, define the valuation date. This is important because fluctuations in the value of a corporation’s assets and liabilities will affect the net asset value of the subject interest. Additionally, changes in economic and market conditions can influence the price a buyer would be willing to pay. A valuation analyst must conduct business-specific research, including evaluating the operations of the business and digging into its financial statements. Economic research is also crucial. The health of the local economy affects value. Industry trends also factor into value. Suppose the practice is a doctor’s office in rural upstate New York. What is the current state of the healthcare industry? What are typical wages of physicians, nurses and administrative assistants? It’s also important to ensure that the valuation is up-to-date with new laws and regulations. What are the demographics of rural upstate New York? Is the population aging? How often do people in the area visit the doctor’s office? What is the median income? Next, get into the practice itself. Analyzing the organizing documents of the

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aster Moving Co. has purchased an industrial building in Stratford for $5.15 million to offer storage solutions. Jon Angel, president of Angel Commercial LLC, a Southport-based commercial real

business reveals the shareholders’ freedoms and limitations. Some may include rules permitting only a certain number of shareholders at one time or banning the sale of shares without consent of the other shareholders. These will affect the valuation. At least five years of financial statements are usually necessary. Determining where the business’ revenue comes from and where its expenses are incurred, as well as the consistency of these figures, will yield a more accurate valuation. Financial statements can be inconsistent over time because of fluctuations in the market, changing demographics, larger-thannormal expenses related to new technology and so on. Because of these inconsistencies, the statements must be adjusted to match current market conditions and market averages. This could mean changing the value of assets to their current market value or moving salaries toward the annual mean for people who hold similar positions.

VALUATION: THREE APPROACHES

Once all the research has been gathered and adjustments have been made, the valuation can commence. There are three approaches for obtaining the final number: asset, market and income. The principle of substitution underlies both the asset and the market approaches. It states that a buyer would not pay more for an asset than it would cost to acquire or create another asset that would provide equal or greater economic benefit. The principle of future benefits underlies the income approach. It states that a buyer would not pay more for an asset than the current value of the future benefits that the buyer expects to obtain from holding the asset. The current value must be calculated by referring to a rate that recognizes both the time value of money and the risk, or uncertainty, that the buyer will receive the expected stream of benefits. The adjusted net-asset method, one example of the asset approach, determines

the value of a business based on the difference between its liabilities and the fair market value of the business’s asset, including its employees, customers and business systems. For small service companies, such intangible assets are difficult to value without reference to completed sales of similar practices. In the absence of concrete data by which to value the company’s assets, this methodology can create misleading results. The asset approach to business valuation can also greatly distort the fair market value of an operating business because it gives no consideration to the value of future earnings. The market approach uses market data on the sale of comparable companies, often in the form of earnings or revenue multiples, to determine a company’s value. This method expresses a relationship between the estimated future amount of net earnings and the estimated value of the business. Market multiples, such as a price/earnings ratio or a price/EBITDA (earnings before interest, taxes, depreciation and amortization) ratio, are compared with those of similar companies to determine the subject interest’s value. While this method is a great way to estimate the value of big, diversified businesses, it is difficult to use to compare small, private companies.

INCOME APPROACH USUALLY BEST

The income approach is usually most appropriate in determining the value of an asset that provides its owner with direct access to future cash flows, such as a professional practice. The most widely used income approach is the discounted earnings method, also known as the discounted cash-flow method. First, the valuator must determine the estimated future earnings of the business (usually for the next five years). This can be done using the adjustments to the income statement and applying an average growth rate to the projected future earnings. Second, the analyst must determine a

terminal value for the business at the end of the fifth year. Then, a discount rate can be established. It should incorporate the principle that investors require a greater return on riskier classes of assets. Finally, the estimated future earnings and the terminal value are discounted to the current value and summed using the discount rate. This figure is the total value of the business. When the valuation is complete, discounts must be applied in certain situations. Consider a business worth $10 million that has one shareholder. The shareholder wants to sell 30 percent of the business and retain the other 70 percent. Although the pro rata value of 30 percent of this business is $3 million, that figure would not be the fair market value. The original owner still holds the majority of the shares, so he will have the final say in all decisions. A discount for lack of control would need to be applied for the 30 percent interest in the company to be appealing to a buyer. Such a discount could range from 10 percent to 30 percent or more. Further, since this is a private company, there is no readily available market for its shares. Therefore, another discount would need to be applied to account for the inability to quickly turn the investment into cash. This discount could be around 30 percent, but courts have supported discounts far higher than that for lack of marketability. After determining the value of the company, applying the ownership percentage of the subject interest and applying any relevant discounts, the valuation analyst has finally arrived at the opinion of value. Eric Meermann, a certi�ied valuation analyst and certi�ied �inancial planner, is a client service manager and portfolio manager with Palisades Hudson Financial Group in Scarsdale. Timothy Meyer is a �inancial analyst with the �irm. They can be reached at 914-723-5000 or by email at eric@palisadeshudson.com or tim@palisadeshudson.com.

Kaster Moving Co. expands estate brokerage firm, sold the 87,150 squarefoot space on 400 Long Beach Blvd. to the moving company. Angel represented the seller, 400 Long Beach Limited Partnership. Vidal/ Wettenstein, a Westport-based real estate

6 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

services firm, represented the buyer. Kaster operates out of Stamford and Stratford and provides relocation and packing services. The company will take up the majority of its new building, 32 percent of which

is occupied by an existing tenant. The building was originally constructed for Associated Foods in 1978 as a primary distribution center for regional supermarkets. It has 17 loading docks and is less than 1 mile from Interstate 95. — Danielle Brody


Edward Jones to pay $20M in muni bond overcharges

S

t. Louis-based brokerage firm Edward Jones — with more than 11,000 offices nationwide — has agreed to settle charges brought by the Securities and Exchange Commission that it overcharged customers buying new municipal bonds. Edward Jones agreed to pay more than $20 million, which includes nearly $5.2 million that will be distributed to customers who were overcharged for the bonds, the SEC announced. In addition, Stina R. Wishman, the former head of Edward Jones’ municipal underwriting desk, agreed to pay $15,000 and will be barred from working in the securities industry for at least two years. Both consented to the SEC order without admitting or denying the findings. “Edward Jones undermined the integrity of the bond underwriting process by overcharging retail customers by at least $4.6 million and by misleading municipal issuers,” said Andrew J. Ceresney, director of the SEC Enforcement Division. “This enforcement action, which is the first of its kind, reflects our commitment to addressing abuses in all areas of the municipal bond market.” The firm also was charged with separate misconduct related to supervisory failures in its review of certain secondary market municipal bond trades. According to the law, municipal bond underwriters are required to offer new bonds at an initial offering price, which is the amount sought by the issuer of the bonds. The SEC investigation found that instead of offering bonds at the asking price, Edward Jones and Wishman took new bonds into the brokerage’s own inventory and “improperly offered them to customers at higher prices.” The investigation also found that the brokerage “entirely refrained from offering the bonds to its customers until after trading commenced in the secondary market, and then offered the bonds at prices higher than the initial offering prices.” As a result of the action, customers paid at least $4.6 million more than they should have for the bonds. The SEC’s investigation found that Edward Jones’ supervisory system was “not designed to monitor whether the markups it charged customers for certain trades were reasonable.” The SEC stated, “the misconduct resulted in an adverse federal tax determination for an issuer and put it at risk of losing valuable federal tax subsidies.” “Because current rules do not require dealers to disclose markups on municipal bonds, investors receive very little infor-

mation about their dealer’s compensation in municipal bond trades,” said LeeAnn Ghazil Gaunt, chief of the SEC Enforcement Division’s Municipal Securities and Public Pensions Unit. “It is therefore important that firms have adequate supervisory systems to ensure that they are complying with their fair pricing obligations.” According to the SEC, Edward Jones has undertaken “remedial efforts” and now discloses the percentage and dollar amount of markups “on all fixed income retail order trade confirmations in principal transactions.” The SEC stated that its investigation is continuing. — Bob Rozycki

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015

7


2015

CFO OF THE YEAR AWARDS

CALL FOR NOMINATIONS

Business is challenging and limitless Find out how these CFOs make the most of financial moments through innovation and transformation. NOMINATIONS

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ACCESSIBLE AT WESTFAIRONLINE.COM/CFO_OF_THE_YEAR_NOMINATE NOMINATIONS WILL BE ACCEPTED FROM NOW THROUGH AUG. 31

SAVE THE DATE, MEET THE CANDIDATES AND CELEBRATE THE 2015 FAIRFIELD COUNTY CFO OF THE YEAR WINNERS WITH GUESTS AND COLLEAGUES.

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For more information or questions, call Holly DeBartolo at (914) 694-3600, ext. 3006, or email hdebartolo@westfairinc.com.

8 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL


ASK ANDI

BY ANDI GRAY

Teamwork leads to sales strength One of our sales guys has a habit of not following through with customers. He does a great job opening doors, but he’s terrible at going back to ask for repeat business or referrals. What should we do? Thoughts of the Day: Make sure you understand the new normal for your customers and appeal to that. Use a team approach to meet the total needs of the company. Lower the company’s risk by involving multiple players. Set goals for each participant that helps individuals play to their strengths. The pace of business is constantly speeding up. 24/7/365 connectivity is the norm. Information is everywhere and so are interruptions. Busy people are trying to get their jobs done. If you have someone on your team who can break through the clutter, make the most of them! Expand the volume of what this salesperson is good at, ask them to focus on making connections and have others follow up. Opening doors to lots of prospects should be highly valuable to your company as long as there’s a way to ensure that someone else follows up to move the sales process forward. Recognize that different sales stages require different attitudes and behaviors as well as skills. Sometime sales calls for a person with tough skin and fearlessness; other times it requires empathetic listening and relationship development. On the back end, sales requires writing skills, as well as negotiation and closing skills. Learn what each member of your sales team does well; figure out who does best at each stage in the sales process. Build a complementary sales team. Set up a team approach to sales. Have different people to research target accounts, approach the targets, gather information about prospect needs, documenting the company’s offer in a proposal, and completing the closing. Make sure there is someone to take over to negotiate the contract, to ensure implementation goes smoothly. Don’t forget to circle back to ensure customer satisfaction. One person owning an account – beginning to end – is risky for a company. If that person leaves, the client may leave, too. It’s better to have a network of relationships between your company and your clients. Involve several people in the sales process. Streamline your processes to ensure that prospects and clients are well managed at every stage. People in the office can do research, answer questions, get out proposals and pro-

they can best meet the overall goals. Ask the sales team to be forthright it they have concerns regarding hitting the goals you’ve set. Brainstorm solutions with the group, in order to build confidence that the goals are doable. Be clear what the overall team has to accomplish and what that means in terms of each team member’s responsibility. Regularly evaluate each person’s contribution to hitting the total company goals. For example, opening a ton of doors is good, but only if those are the right kind of leads for your company. Missing the mark by spending time nurturing prospects that won’t value what your company offers can be a waste of time for everyone. If you’re going to build a team approach to selling, make sure your compensation plan rewards team goals. Have a bonus that

vide customer and prospect support. People out on the road can meet face to face to gather insights on what the client environment is like, to explain complex concepts to customers and prospects and to go eyeball to eyeball when it’s time to make a final decision. Consider inviting your customer to visit your office in order to show that your company has the ability to service long-term needs. Build a top team of performers by helping individuals play to their strengths in a complementary way. Set goals to meet the company’s overall needs for growth, retention and profit. Figure out what that means in terms of new signings, renewals, referrals to folks who don’t yet know about your company, etc. Make sure that your sales team is up for meeting the goals you set. Ask the team to work up the details of how they think

rewards everyone for achieving the master goal. Or, distribute profits based on total company performance. Make it clear that superstars are only valuable if they can contribute to a winning team performance. Looking for a good book? Try “Smart Sales Manager: The Ultimate Playbook for Building and Running a High-Performance Inside Sales Team” by Josiane Chriqui Feigon. 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? Please send it to her via email at AskAndi@Strate�yLeaders.com or by mail to Andi Gray, Strate�y Leaders Inc., 5 Crossways, Chappaqua, NY 10514. Visit www.AskAndi.com for an entire library of Ask Andi articles.

BUSINESS LOANS? LET’S TALK! At First County Bank, we don’t just talk about supporting local business – we’re doing it.

#

Here are some of the projects we’ve financed:

5

Need to talk?

Call: Jack Dowling Commercial Banking Specialist jdowling@firstcountybank.com 203.462.4361

A $1,300,000 commercial mortgage and a $100,000 line of credit to a nonprofit agency in Stamford, CT

A $10,500,000 construction to permanent mortgage on a medical office building in Westport, CT

A $3,000,000 permanent mortgage on a commercial building in Darien, CT

A $6,600,000 construction loan for a 23-unit condominium development project in Stamford, CT

A $500,000 term loan to an equipment rental company in Stamford, CT

A $700,000 capital improvement loan to a condo association in Norwalk, CT

A $1,500,000 permanent mortgage on three mixed-use buildings in New Canaan, CT

A $4,500,000 permanent mortgage on a commercial building in Greenwich, CT

STA M FO R D

I

N O R WA L K

N E W

I

C A N A A N

DA R I E N I

I

G R E E N W I C H

W E ST P O RT

1. The Warren Group, publisher of The Commercial Record, conducted a mortgage market share study which named First County Bank as the 5th ranked lender in Fairfield County for commercial purchase loans.

©2015 First County Bank. FIRST COUNTY BANK,

First County Bank, and the

logo are registered trademarks of First County Bank. NMLS# 411487

Member FDIC

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015

9


THE LIST

PUBLIC RELATIONS ADVERTISING AGENCIES

FAIRFIELD COUNTY

Public Relations and Advertising Agencies Listed alphabetically

AdEdge Online Marketing*

111 Saugatuck Ave., Westport 06880 682-4585 • adedgemarketing.com

Anthony LoFrisco Jr. 2007

2 4

5

Barbeau Hutchings Advertising*

Gregg Hutchings greggh@bhaadvertising.com 1981

6 WND

10

1281 E. Main St., First floor, Stamford 06902 326-1200 • blumenfeldpr.com

Blumenfeld and Associates Inc.

Jeff Blumenfeld jeff@blumenfeldpr.com 1980

3 WND

100

1 0

30 Controls Drive, Shelton 06484 926-0040 • bhaadvertising.com

! ! !

! !

!

!

! ! ! ! !

!

85

! ! ! ! ! !

!

9 WND

35.4

! ! ! ! ! !

!

!

!

Barbara Branagan-Mitchell

barbara@branagancommunications.com 1993

Catalyst Marketing Communications Inc.

Charles Wintrub b2b@catalystmc.com 1994

Co-Communications

Stacey Cohen stacey@cocommunications.com 1997

11 3

80

! ! ! ! ! ! !

Creative Concepts*

Valorie Luther vluther@creative-conceptsllc.co 2003

WND

90

! ! ! ! ! ! ! !

!

E.R. Becker Co. Inc.

Ellie Becker ellie@erbeckercompany.com 1991

1 WND

15

! ! ! !

! !

Gaffney Bennett Public Relations*

Hank Spring, Patrick Kinney jmay@gbpr.com 2001

8 WND

100

! !

James P. O'Toole Consulting

James P. O'Toole jpoconsult@optonline.net 2001

2 1

100

!

MaxEx Public Relations LL*C

Linda Kavanagh linda@maxexposure.net 1997

1 3

90

50

NA

! !

4 WND

95

! ! ! ! !

! !

1 2

50

!

!

1+

90

! ! ! ! ! ! ! !

10 WND

10

!

3 WND

100

1 0

75

Connecticut and New York City 866-475-5191 • creative-conceptsllc.com

16 Betts Place, Norwalk 06855 852-8077 • erbeckercompany.com

1 Liberty Square, Suite 201, New Britain 06057 860-229-0301 • gbpr.com

41 W. Norwalk Road, Darien 06820 655-8689

102 Alton Road, Stamford 06906 323-4185 • maxexposure.net

Mediassociates

75 Glen Road, Sandy Hook 06482 797-9500 • mediassociates.com

Scott Brunjes 1996

Michael J. London & Associates

Michael J. London mjlondon@aol.com 1990

NetSage Marketing Inc.

Gillian Grozier ggrozier@netsagemarketing.com 2002

ShellMar Consulting*

Shelly Marr Harvey shellemar@shellmarconsulting.com 1999

Tanen Directed Advertising*

Illene Tanen illene@tanendirected.com 1985

929 White Plains Road, No. 330, Trumbull 06611 261-1549 • mjlondon.com

16 Hemlock Trail, New Fairfield 06812 746-6645 • netsagemarketing.com

87 Harborview Ave. No. 1, Bridgeport, Conn. 06605 257-6684 • shellmarconsulting.com

12 S. Main St., South Norwalk 06854 855-5855 • tanendirected.com

Walsh Public Relations*

Greg Walsh

305 Knowlton St., Bridgeport 06608 292-6280 • walshpr.com

info@walshpr.com 1997

Write For You*

Susan W. Capparelle susan@write-for-you.com 2005

55 Bible St., Cos Cob 06807 561-5331 • write-for-you.com

This list is a sampling of advertising and public relations firms serving the region. If you wish your firm to be included in our next listing, please contact Danielle Renda at drenda@westfairinc.com * WND NA

Information taken from last year's listing and updated using company websites when possible. Would not disclose. Not available.

10 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

! !

!

! ! ! ! !

! !

! !

! ! ! !

! !

! !

! !

! !

! ! ! ! ! ! ! !

! ! ! ! !

Top three (3) clients

Internet marketing

University of New Haven William Raveis RD Scinto Inc.

Business- to-business advertising

Pfeiffer Vacuum ULVAC Technologies Solar Data Systems

Outdoor recreation

Jiminy Peak/ Cranmove Bromley CW-X Performance Apparel Trimino Protein-Infused Water

Business-to-business, consumer publicity placement, press Waterbury Regional Chamber release writing and placement, Business Women's Forum (BWF) Wesson Energy Inc. marketing, communications, writer/editor

Branagan Communications Consultants LLC *

2 Forest Park Drive, Farmington 06032 860-676-4400 • cocommunications.com

Top Specialty

interactive

!

19 Creamery Road, New Milford 06776 860-210-0149 • branagancommunications.com

2777 Summer St., Stamford 06905 348-7541 • catalystmc.com

crisis communications financial communications

web design

public affairs

media training

event management investor and analyst relations internal relations

copywriting

!

partnerships

special events

community relations

media relations

!

issues management

Services

Number of Percentage of employees full PR service to time and part total business time product launches

Principal(s) Email address Year company established

strategic consulting

Name Address Area code: 203 unless otherwise noted Website

Business- to-business public relations

WND

! !

!

Public relations

CREW New York Guiding Eyes for the Blind Satin Fine Foods

!

!

Social media

Bigelow Tea Ecover The Children's Aid Society in New York City

!

Online/inbound marketing

iCopyright.com Signature Group F-O-R-T-U-N-E Franchise Corp.

! !

! ! !

Communications for highly regulated industries

Northeast Utilities First Niagara Bank Frontier Communications

!

! !

Public relations, relationship management

Con Edison Arc of Westchester Double D

!

!

Restaurant and hospitality

Cb5 Barcelona Restaurant Group Barcelona Restaurants Rizzuto's Restaurant Group

! ! !

!

Marketing

NA

Media relations

Direct Impact Vantis Life Insurance Co. Periwinkle Health

Women in leadership, family businesses

Reynolds & Rowella LLP Budderly Kenneth Lyons & Sons

! ! !

! !

! ! !

! !

!

Green and construction industries

Barlett Tree Experts Eastern Land Management MMR Construction

!

!

Targeted communications

MasterCard PepsiCo Baush & Lomb

New products and services

Wild Republic Ziggy & Friends Inc. All Art Licensing

Press releases

CAIM LLC (Catherine Avery Investment Management) Topside Detailing A+M Studios Inc.

!

!

!


OSHA cites Bridgeport store for blocked exit route

T

he Occupational Safety and Health Administration has fined Family Dollar Stores of Connecticut Inc. $72,000 for an allegedly blocked emergency exit route and other violations at a Bridgeport store. OSHA spokesman Ted Fitzgerald said the store has several options by way of response, including seeking an informal conference at which new information is presented, which could result in a settlement and that settlement, according to Fitzgerald, “may or may not reduce the payment” or lacking resolution after 15 days, the company may contest OSHA’s assertions. The citation came as a result of the conditions found April 6 at the 1175 State St. store in Bridgeport. The inspection, the agency said, found “the emergency exit route through the storeroom was completely blocked by carts and boxes of merchandise.”

R

Additionally, “Boxes of stock stored in tiers were not properly stacked and secured to prevent them from sliding or collapsing on employees. In addition, the storeroom’s exit doors were not clearly marked, a helium gas cylinder used to inflate balloons was not secured to prevent it from falling and an aluminum ladder was stored against an electric panel.” “Hazards such as obstructed exit access can have devastating consequences if employees are unable to reach emergency exits in a fire or other incident, and falling stock can result in contusions and broken bones,” Robert Kowalski, OSHA’s area director in Bridgeport, said in a statement. “The recurring nature of these hazards is disturbing. Family Dollar must take effective action to ensure that hazards are eliminated and workers protected at all its stores.” As of press time, Family Dollar had not responded to the allegations. — Bill Fallon

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Stark Of�ice Suites named to Inc. 5000 List

ye Brook-based office service provider Stark Office Suites was named to Inc. magazine’s 5000 list, which ranks the nation’s 5,000 fastestgrowing private companies. The magazine ranked Stark Office Suites 3,895, making the company the highest-ranked office suites firm on the list. “Both making the list and ranking highest among the office suite providers is a great validation for the way we approach our business — a relentless focus on quality combined with our unmatched customer service,” said Adam J. Stark, president of the firm. “We are honored to be in the company of the remarkable businesses on this list that are acknowledged for their

entrepreneurialism and hard work.” Since its founding in 2004, Stark has grown to nine metropolitan locations totaling 175,000 square feet of office space. The company has roughly 800 clients in industries such as law, finance, marketing and real estate. In a release, Stark Office Suites said it has more than tripled its revenues in the past five years and is now the largest independent provider of flexible office space in suburban New York. Stark has Westchester offices in White Plains, Mount Kisco, Harrison, Scarsdale and Rye Brook; Fairfield County locations in Greenwich, Stamford and Danbury; and a location in Manhattan. — Evan Fallor

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 11


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AWARDS

A call for nominations

Nominate an exceptional millennial* who is changing the world in the following categories: ❱ Community involvement ❱ “Millipreneur” (entrepreneur) ❱ Nonprofit

❱ Innovation ❱ Creative ❱ Technology

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*Living or working in Fairfield or Westchester counties, age 21-34

November 17 CHELSEA PIERS CONNECTICUT #milliawards

❱ To submit a nomination visit westfaironline.com or call Holly Debartolo, 914-358-0743 with any questions or sponsorship inquiries.

To Benefit Sponsors:

Supporters:

PRESENTED BY THE FAIRFIELD COUNTY BUSINESS JOURNAL, THE WESTCHESTER COUNTY BUSINESS JOURNAL, AND WAG MAGAZINE 12 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL


SPECIAL REPORT

ACCOUNTING

Robert Half survey finds accountants ascendant UNEMPLOYMENT RATE FOR ACCOUNTANTS IS 2.9 PERCENT

BY BILL FALLON bfallon@westfairinc.com

W

ith the regional and national unemployment rate for accountants at 2.9 percent and industrywide raises above 3 percent annually, a recent Robert Half staffing and salary survey found it is a good time to ride herd on the ledgers. “This is on a par with what we saw in ’06’07,” said Adam Samples, regional president with Robert Half. “We’re seeing increasingly strong demand for professional-level positions. Right now, the economy is heavily weighted toward demand for top-shelf talent.” Samples is a transplanted Californian with 10 years in the Westchester-Fairfield market for Robert Half, a publicly traded staffing firm that specializes in the fields of finance and accounting, with annual revenues of $5 billion. He splits his time between offices in Stamford and White Plains.

As demand for accountants builds, the most desired subset contains accountants with information technology backgrounds. “That’s a hybrid in high demand,” he said. Samples said the national business push to the Sun Belt comes now in a nuanced form. “A lot of companies will move to a lower-cost site” – he cited the Carolinas as an example – “but they will keep their finance and accounting here. In fact, a lot of companies will be drawn here because we have the talent. From central New Jersey through Fairfield County, we’re sitting in, arguably, the capital of the world for accounting and financial services.” The Robert Half report’s “corporate accounting” section revealed the salaries for CFOs of companies posting sales above $500 million topped out at $284,000 to $449,000 in 2014. That cohort’s figure rose 3.3 percent this year to $291,250 to $465,750. Those company CFOs at the smaller end of the survey – company

Adam Samples, regional president, Robert Half

sales up to $50 million annually – did proportionately about the same, seeing a 3.2 percent increase in earnings this year to $105,250 to $151,750, from $101,000 to $148,000 last year. Company treasurers’ pay performed on par with the CFOs.

A company posting sales above $500 million saw peak treasurer pay reach a range of $283,000 to $437,750 in 2014. It went up 3.3 percent this year to the $291,000 to $453,750 range. For companies with less than $50 million in sales the range for treasurers went from $100,750 to $137,250 in 2014 to $103,250 to $141,750 for 2015, a rise of 2.9 percent. Other Robert Half corporate pay-scale breakdowns included for vice president for finance, where pay raises year over year were in the 3.1 percent to 3.3 percent payraise range; director of finance in the 3.2 percent to 3.3 percent pay-raise range; and director of accounting, where pay raises were either 3.1 percent or 3.2 percent. One change, according to Samples: “With current talent inventory levels, we are telling our clients they have to come around on salaries as well as on schedules, a healthy match for 401Ks — which all but dried up in the recession — and bonuses.”

BY PETER LARKIN

W

For CPAs, some good news and some bad news

hen CPAs learn that I devote most of my legal practice to representing accountants, they frequently ask what is going on that they need to be worried about. For small-firm practitioners, my immediate thought is succession planning, but that is not what they’re really asking me; they want to know about the trouble spots for malpractice lawsuits and threats to their license and livelihood. The question has two distinct parts and the current response is mixed there is some good news and some bad news.

THE GOOD NEWS

We’ve seen a decline in malpractice claims against accountants. There is no consensus why claims are down, but everyone (except maybe the plaintiffs’ attorneys) agrees it is a good thing. With no obvious reason for this phenomenon, CPAs should not let their guard down. Managing the risk of being sued for malpractice continues to be a 24/7 obligation. Client screening and pruning, atten-

tion to best practices, proper planning and supervision, ensuring a high level of competence through education and training, communicating with clients and third-parties intelligently and documenting workPeter Larkin not just to comply with workpaper requirements but also to build a documented basis to defend advice, exercise of judgment and overall diligence devoted to an engagement, all remain crucial risk management protections that only work if they are implemented and carried out with tireless vigilance. Although we are seeing that overall claims across all areas of professional service are down, our experience suggests that tax planning and tax compliance are still areas where potential claims are lurking. Claims arising out of tax services account for the majority of claims against CPAs —

usually about 60 percent to 70 percent of all claims. Times are still tight for many small businesses, so consequently many accountants are trying to be creative and aggressive for their struggling clients. The results, however, are not always as anticipated, necessitating corrective measures to avoid an aggressive position or a misstep from turning into a difficult claim to defend. Clients rightfully expect that their CPAs will minimize their tax burdens, but steps taken to minimize that burden have to be well thought out, as they will likely have to withstand scrutiny. Some steps cannot be undone easily or at all, and the cost to the client, who may look to pass that charge on to the CPA, could be substantial. Additionally, after nearly 20 years of CPAs telling me the last tax season was the worst one ever, it is hard not to have concerns about preparation errors that are simply mistakes. Since the current environment requires professionals to respond to their clients 24 hours a day, 365 days a year, while also getting the actual work done in

between the barrages of email and phone calls, CPAs’ ability to diligently plan and perform their services is understandably strained. Accordingly, maintaining a manageable workload continues to be a difficult but essential risk management balancing act. Claims may be down, but the risk of being sued has not gone away. Stay vigilant, my friends.

THE BAD NEWS

Disciplinary investigations and proceedings involving CPAs have increased substantially over the last few years and appear to be still on the rise. For its fiscal year ending Sept. 30, 2014, the Securities and Exchange Commission reported that it had commenced 755 enforcement actions an all-time record. The American Institute of Certified Public Accountants (AICPA) reports that it initiated an average of 630-plus disciplinary proceedings for each of the last three years, with 389 being the most in any prior year. » CPAS, page 14

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 13


Deadline for security upgrade

A

majority of small business own- percent of small business owners who accept ers nationally and regionally are point-of-sale card payments report being unaware of the so-called “EMV1 lia- aware of the liability shift. On that day, a card bility shift” coming Oct. 1, accord- issuer or merchant that does not support EMV ing to the latest Wells Fargo/Gallup Small chip card technology will assume liability for any fraudulent point-of-sale card transactions. Business Index conducted July 6-10. To meet the Oct. 1 deadline, financial Far from bliss, ignorance of the new security technology could leave a business institutions are issuing EMV chip-enabled credit and debit cards, which are designed responsible for point-of-sale fraud. “When I talk to small business owners to protect against fraudulent transactions across the Northeast, many have no idea by encoding cardholder information withabout the upcoming changes on October in an encrypted microchip and data that 1,” said Marcus Cobbe, who assists Wells changes with each transaction. Merchants are also converting to new Fargo’s Connecticut businesses with annual revenue streams below $2 million. “Our card readers or adding EMV capability to national survey showed that only half of their existing magnetic stripe card reader business owners who accept point-of-sale payment terminals. Among business owners who report transactions knew about this change and I see that reflected throughout Connecticut.” accepting point-of-sale card payments, only In the quarterly small business survey, 49 31 percent said their existing credit card SCSU_Accounting_BW_7.375x7.125_Fairfield.qxp_Layout 1 8/7/15 12:32 PM Page 1

processing system accepts chip-enabled cards. When asked if they plan to upgrade their point-of-sale credit card terminals to accept EMV chip cards, just 29 percent of business owners said they intend to make the change before the Oct. 1 deadline. Another 34 percent of business owners reported they will make the switch at some point after Oct. 1; and 21 percent say they never plan to upgrade. In the survey, some of the top reasons business owners said they do not plan to swap their terminals before October included: • 48 percent feel that upgrading their payment terminal will not impact their business; • 46 percent do not want to pay for the costs associated with upgrading; and • 41 percent said they are not concerned about the liability shift in the case of fraud. — Bill Fallon

Start Your Journey to Becoming a CPA Southern Connecticut State University offers a Certificate in Accounting Program designed for students with a bachelor’s degree outside of accounting. • The Certificate in Accounting provides the necessary accounting credits for nonaccounting undergraduate majors to sit for the CPA exam. • Undergraduate business majors graduating from the program are eligible to sit for the CPA exam. A track within the MBA has been designed to allow nonbusiness undergraduates to earn necessary business credits. • Flexible 27-credit program that can be completed in as little as 12 months. Day and evening classes available.

For more information: SouthernCT.edu/accounting or contact Dr. Janet Phillips at AccountingGrad@SouthernCT.edu

SouthernCT.edu

14 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

CPAs — » From page 13

The Department of Labor has been actively lobbying the AICPA and the National Association of State Boards of Accountancy (NASBA) to scrutinize and investigate the credentials of all CPAs performing audits of employee benefit plans, while other government bodies focusing on not-for-profit entities, charities, educational institutions, health care organizations and many others have been calling not only for greater scrutiny of CPAs, but for new or enhanced disciplinary measures to sanction underperforming CPAs. The result is more disciplinary proceedings against CPAs overall, and a substantial increase in the number of disciplinary proceedings resulting from referrals to the AICPA or state boards from government bodies that are responsible for overseeing the CPA’s client, but have no direct ability to impose sanctions on CPAs. The disciplinary proceedings initiated as a result of referrals from government oversight bodies are, in some instances, proving more difficult to deal with than those initiated in response to complaints from former clients. The referral generally comes supported with a finding by the government oversight body that the CPA’s work was deficient, and investigators typically defer to those findings. Proving a CPA has fulfilled his or her ethical obligations — competence, diligence and adherence to standards — can be an uphill battle when a report already has been released that identifies alleged violations as investigative findings. Accordingly, it is often more difficult to achieve a finding of no probable cause in the initial stages of an investigation in these cases. While it is never a good idea to respond to a disciplinary investigation without consulting a knowledgeable attorney or risk management professional, it is even more important in matters where the investigation has been initiated in response to a referral from a government oversight body. While an inquiry from the AICPA does not put the CPA’s license in jeopardy, a poor outcome with the AICPA often results in further investigation by the state licensing board, which is not constrained by the findings or sanctions imposed by the AICPA. The CPA’s plight easily can go from bad to worse in these situations. All investigative inquiries and disciplinary proceedings present risk, so consulting with a knowledgeable attorney or risk management professional is the best protection against that risk turning into something much worse. Peter Larkin is a partner in the New York Metro of�ices of Wilson Elser Moskowitz Edelman & Dicker LLP and co-chairperson of the �irm’s national Accountants practice. He can be reached at 914-872-7847 or peter. larkin@wilsonelser.com.


Anchors aweigh for jobs at Steelpointe Harbor

J

obs that had been abstractions on paper came closer to reality soon in Bridgeport at Steelpointe Harbor — Bridgeport Landing Development LLC’s 2 million-square-foot multiuse development and marina beside Interstate 95 — with the kickoff of a pair of job fairs. Chipotle Mexican Grill and Bass Pro Shops, which are expected to open new stores at Steelpointe Harbor later this year, have been hosting job fairs. Chipotle, which held job fairs recently, will also host job fairs on Monday, Aug. 24, 1 to 2 p.m., at 350 Fairfield Ave., Bridgeport., and on Thursday, Aug. 27 at 999 Broad St., Bridgeport. Bass Pro Shops hosted job fairs for its new Bridgeport location last week.

Neither store posted potential employment numbers. Steelpointe Harbor incorporates 82 acres and will feature more than 750,000 square feet of retail, restaurants and entertainment, two hotels, 1,100 mid- and high-rise residential units, 30,000 square feet of office space and a 200-slip deepwater marina. Bridgeport Landing Development recently announced a Cinépolis USA movie facility will include two types of theaters in 50,000 square feet. “Bridgeport is getting better every day,” Mayor Bill Finch said. “And, investors and job creators are taking notice. Steelpointe Harbor is finally happening. And, new jobs are resulting from the business-friendly environment we’re creating.” — Bill Fallon

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 15


A World-Class Park in Downtown Stamford Mill River Park Collaborative is a registered nonprofit with a mission to create and sustain a world-class park in downtown Stamford. The collaborative was established as a public/private partnership that would “provide collaborative leadership in creating and sustaining a successful Mill River Park.” For nearly 100 years, Stamford dreamed of a Central Park in the heart of its downtown and a greenway along the banks of the historic Mill River. Now, because of the collaborative efforts of city, state and federal government, corporations, foundations, and private citizens, that dream is fast approaching reality. A 28-acre park and 3-mile greenway to Stamford Harbor have begun to emerge, transforming the heart of Stamford and serving as a catalyst for residential development, for corporate and commercial growth, and as a new venue for healthful active recreation. In short, Mill River Park & Greenway is transformative, providing a new model for redefining urban life and attracting the new, young urban residents who want to work and live in close proximity without compromising quality of life. Mill River Park & Greenway will provide the natural balance to Stamford’s robust built environment that will dramatically improve quality of life for Stamford as a whole and particularly for the many new residents moving into Stamford’s downtown. Urban Parks have been shown to enhance and transform communities when they are well designed, well maintained and well programmed. At the collaborative, we develop unique arts programming to catalyze our place-making efforts. Our earliest arts programming was “Fun Saturday Mornings,” a free summer performance series for children. To date, we have provided more than 65 free performances for area children. Since opening the first 12-acre section of the park in 2013, we have continued to expand our arts programming and now offer a full summer season of free events to the community including movies on our 20-foot screen, live music and dance performances. Through these efforts we hope to realize our goal of enhancing livability, well-being and community cohesion in Stamford’s downtown core. Nia Rhodes Jackson, director, Programs & Outreach Mill River Collaborative Member, 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

The Jimmy Greene Quartet at Ives Concert Park Jimmy Greene’s debut recording for Mack Avenue, “Beautiful Life,” is a celebration of the life of his 6-year-old daughter, Ana Márquez-Greene, whose life was tragically taken Dec. 14, 2012, at Sandy Hook Elementary School. He fulfills that mandate with an intense, cohesive, genre-spanning program, juxtaposing the hardcore instrumental jazz for which he is best known with traditional spirituals, contemporary Christian music, standard ballads and three original songs framing his own lyrics. A native of Hartford, Greene is considered one of the most respected saxophonists of his generation since his graduation from the Hartt School of Music in 1997. The Jimmy Greene Quartet performs regularly in jazz venues, festivals and clubs worldwide, including venues in New York, Moscow, Rome, Paris, Israel, Uruguay and Brazil. Down Beat magazine recognized Greene as one of “25 Young Rising Stars in Jazz.” Jim Macnie of the Village Voice said, “[Greene] is good for a couple of body chills every time you see him. He’s got a big barrelhouse sound, and a way of negotiating changes that make academic moves seem natural.” Ives Concert Park is a prestigious, world-class performing arts center. This majestic outdoor amphitheater is situated on 40 wooded acres with a pond, breathtaking gardens and public hiking trails, and is located on the Westside campus of Western Connecticut State University, in Danbury. The Ives hosts a variety of world-renowned international, regional and

local artists and is a truly unique arts experience in harmony with the natural environment. For concert times and more information, visit ivesconcertpark.com.

‘Bedroom Farce’ at Westport Country Playhouse The Westport Country Playhouse will reunite audience favorites — playwright Alan Ayckbourn and director John Tillinger and an ensemble of popular actors from prior Ayckbourn works at the playhouse — in the comedy “Bedroom Farce,” playing Aug. 25-Sept. 13. “Bedroom Farce” received five Tony Award nominations, including Best Play, during its 1979 Broadway run. In recent seasons, the Ayckbourn/Tillinger team brought to the Playhouse the comedies “Things We Do for Love,” “How the Other Half Loves,” “Time of My Life” and “Relatively Speaking.” “Bedroom Farce” takes place over the course of one intense Saturday evening. In three separate bedrooms, the roles and relationships of four couples are laid bare, complete with squabbles, bothers, a few bruises and a touching epiphany. The performance schedule for “Bedroom Farce” is Tuesday at 7 p.m., Wednesday at 2 and 8 p.m., Thursday and Friday at 8 p.m., Saturday at 3 and 8 p.m. and Sunday at 3 p.m.

Special series features include Taste of Tuesday, LGBT Night OUT, Opening Night, Sunday Symposium, Open Captions, Thursday TalkBack, Together at the Table Family Dinner, Playhouse Happy Hour and Backstage Pass. Single tickets start at $30; buy early for best prices. For more information and to buy tickets, visit www.westportplayhouse.org or call the box office at 203-227-4177, tollfree at 888-927-7529, or visit Westport Country Playhouse, 25 Powers Court, off Route 1, Westport.

Visit FCBuzz.org for more information on events and how to get listed. 16 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

Presented by: Cultural Alliance of Fairfield County


FACTS & FIGURES on the record ATTACHMENTS-FILED Diamond Pools LLC and John J. Dubyoski, Shelton. Filed by Evans, Feldman & Ainsworth LLC, New Haven. $70,000 in favor of Great Plains Capital Corp. Property: 26 Hamilton Drive, Shelton. Filed Aug. 12.

ATTACHMENTS RELEASED CALJR LLC, Trumbull. Released by Sanford P. Levine, Woodbridge. $41,416 in favor of Vallillo Real Estate LLC, et al. Property: 4430 Madison Ave., Trumbull. Filed July 15. Humphreys, Susan T., Newtown. Released by Michael Simko Jr., Shelton. $13,500 in favor of Danbury Hospital, Danbury. Property: 53 Great Hill Road, Newtown. Filed Aug. 5. Liascos, Sharon and Matthew J. Liascos, Shelton. Released by William S. Nathanson. $40,695 in favor of Griffin Hospital, Derby. Property: 148 Maltyby St., Shelton. Filed Aug. 12.

BUILDING PERMITS

COMMERCIAL APM Builders LLC, contractor for Jordanopoulos Eleftherios. Perform an interior fit-up in an existing commercial space for a new tenant at 1596 Post Road, Fairfield. Estimated cost: $10,000. Filed Aug. 6. Baybrook Remodelers Inc., Westhaven, contractor for Edgehill Property Corp. Remove a devising wall between units in an existing commercial space at 122 Palmers Hill Road, Stamford. Estimated cost: $7,000. Filed between Aug. 3 and Aug. 7. Bell Atlantic, Bridgeport, contractor for MG Stratford Associates LLC. Replace the telecommunications equipment on an existing commercial space at 568 Newfield Ave., Bridgeport. Estimated cost: $15,000. Filed Aug. 3.

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. 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

Bell Atlantic, Bridgeport, contractor for Park Royal Condo Association. Add antennas to the roof of an existing commercial space at 2600 Park Ave., Bridgeport. Estimated cost: $15,000. Filed Aug. 3. Blakeman Construction, contractor for I Love Kickboxing. Install lights, switches and a receptacle in an existing commercial space at 702 Bridgeport Ave., Shelton. Estimated cost: $7,000. Filed Aug. 4. Calhoun, Kevin, contractor for Planned Parenthood of Southern New England Inc. Perform a fit-out of an existing commercial space for a new tenant at 35 Sixth St., Stamford. Estimated cost: $176,000. Filed between Aug. 3 and Aug. 7.

H S Roofing Systems Inc., contractor for Spartech Polycast Inc. Remove nonfunctioning roof curbs on an existing commercial space at 69 Southfield Ave., Stamford. Estimated cost: $56,000. Filed between Aug. 3 and Aug. 7.

Nuconn Dismantling LLC, contractor for Four Hundred Atlantic Title LLC. Perform interior commercial alterations in an existing commercial space at 400 Atlantic St., Stamford. Estimated cost: $2.6 million. Filed between Aug. 3 and Aug. 7.

J & G Class Bridgeport, contractor for Bridgeport Academy. Install doors in an existing commercial space at 401 Kossuth St., Bridgeport. Estimated cost: $42,300. Filed Aug. 4.

Old New England Construction, contractor for 1262 Post Road LLC. Perform an interior fit-up in an existing commercial space for a new tenant at 1262 Post Road, Fairfield. Estimated cost: $392,136. Filed Aug. 4.

Joosten, Nicholas Antonio, Stamford, contractor for self. Construct a handicap ramp at the front door of an existing commercial space at 595 Hope St., Stamford. Estimated cost: $1,000. Filed between Aug. 3 and Aug. 7.

One Sasco Hill LLC, contractor for self. Perform an interior fit-up in an existing commercial space for a new tenant at 1 Sasco Hill Road, Fairfield. Estimated cost: $18,000. Filed Aug. 4.

Chipotle, contractor for self. Add two roof fans and one kitchen hood to an existing commercial space at 701 Bridgeport Ave., Shelton. Estimated cost: $44,000. Filed Aug. 4.

Kronenberger & Sons Restoration Inc., contractor for Inspirca Inc. Restore the exterior of a chapel at a hospital at 712 Pacific St., Stamford. Estimated cost: $402,000. Filed between Aug. 3 and Aug. 7.

Passero, Richard F., New York, N.Y., contractor for self. Perform an interior fit-up in an existing commercial space for a new tenant at 500 Connecticut Ave., Norwalk. Estimated cost: $120,000. Filed Aug. 6.

Claris Construction, Newtown, contractor for BMW of Bridgeport. Perform an exterior renovation to an existing commercial space at 10 Boston Ave., Bridgeport. Estimated cost: $150,000. Filed Aug. 7.

Lac Summer Street LLC, Stamford, contractor for self. Add temporary tents to an existing commercial space for a special event at 2768 Summer St., Stamford. Estimated cost: $2,000. Filed between Aug. 3 and Aug. 7.

Primrose, Bridgeport, contractor for Achievement First. Perform an interior renovation to an existing commercial space at 529 Noble Ave., Bridgeport. Estimated cost: $4,000. Filed Aug. 3.

Clark Industries, Madison, contractor for Dawn Reynolds. Renovate the interior of an existing commercial space at 192 Fairfield Ave., Bridgeport. Estimated cost: $8,800. Filed Aug. 7.

Landmark Square 1-6 LLC, contractor for self. Renovate a building in an existing commercial space at 101 Broad St., Stamford. Estimated cost: $105,000. Filed between Aug. 3 and Aug. 7.

R & R Properties, Monroe, contractor for self. Add a sign to the exterior of an existing commercial space at 458 Monroe Turnpike, Monroe. Estimated cost: $1,500. Filed Aug. 3.

Cumberland Farms, Shelton, contractor for self. Replace the roof of an existing commercial space for a new tenant at 87 River Road, Shelton. Estimated cost: $9,000. Filed Aug. 5. Dasilva, Joseph, Danbury, contractor for self. Add a handicap bathroom to an existing restaurant at 275 Main St., Danbury. Estimated cost: $6,500. Filed July 29. Empire Telecom USA LLC, contractor for Southern New England Telephone Co. Remove and add antennas to an existing commercial space at 555 E. Main St., Stamford. Estimated cost: $25,000. Filed between Aug. 3 and Aug. 7. EMS Holdings LLC, Bridgeport, contractor for self. Add telecommunication equipment to an existing commercial space at 376 Main St., Bridgeport. Estimated cost: $26,000. Filed Aug. 6. Greensell Associates LLC, Stamford, contractor for self. Build a paintspray booth at an existing commercial space at 39 Selleck St., Stamford. Estimated cost: $8,000. Filed between Aug. 3 and Aug. 7.

Merritt Construction LLC, Monroe, contractor for B E Properties LLC, et al. Install panels on an existing storefront at 27 High Ridge Road, Stamford. Estimated cost: $4,000. Filed between Aug. 3 and Aug. 7. Merritt River Partners, Norwalk, contractor for self. Perform an interior fit-up in an existing commercial space for a new tenant at 20 Glover Ave., Norwalk. Estimated cost: $274,000. Filed Aug. 6. Metropolitan Life Insurance Co., Morristown, N.J., contractor for self. Renovate the bathrooms in an existing commercial space at 800 Connecticut Ave., Norwalk. Estimated cost: $245,000. Filed Aug. 6. Mg Huntington, New York, N.Y., contractor for self. Perform interior renovations to an existing commercial space at 555 Main Ave., Norwalk. Estimated cost: $75,000. Filed Aug. 6. Norwalk Donuts, Norwalk, contractor for self. Replace the clearance bar in an existing commercial space at 195 Main St., Norwalk. Estimated cost: $2,000. Filed Aug. 5.

Richter, Paul, Monroe, contractor for self. Perform a tenant fit-out in an existing commercial space at 458 Monroe Turnpike, Monroe. Estimated cost: $1,000. Filed Aug. 4. Robik Glantz Builders LLC, contractor for Landmark Homes Inc. Perform interior renovations in an existing commercial space at 44 Reef Road, Fairfield. Estimated cost: $80,000. Filed Aug. 6. Seaview Ave. Realty LLC, Bridgeport, contractor for self. Pour the foundation for an existing commercial space at 1300 Seaview Ave., Bridgeport. Estimated cost: $344,000. Filed Aug. 6. Southport Contracting, Southport, contractor for the city of Bridgeport. Renovate the interior of an existing commercial space at 925 Broad St., Bridgeport. Estimated cost: $5,000. Filed Aug. 4. St. Jude Church, Monroe, contractor for self. Add temporary tents to town property for a special event at 707 Monroe Turnpike, Monroe. Estimated cost: $1,000. Filed Aug. 5. Stamford Yacht Club, Stamford, contractor for self. Construct temporary tents on the property of an existing commercial space for a special event at 97 Ocean Drive West, Stamford. Estimated cost: $5,000. Filed between Aug. 3 and Aug. 7.

Wooster Square Development, Danbury, contractor for self. Convert one bay into three bays in an existing commercial space at 301-1 Main St., Danbury. Estimated cost: $3,500. Filed July 28. Zeiss Construction Co., Stratford, contractor for Cablevision of Litchfield. Add a new wall and relocate workstations in an existing commercial space at 28 Cross St., Norwalk. Estimated cost: $31,205. Filed Aug. 4.

RESIDENTIAL 2 Corporate Drive LLC, Shelton, contractor for self. Relocate the lights in an existing single-family residence at 2 Corporate Drive, Shelton. Estimated cost: $10,900. Filed Aug. 5. 27 Vanderbilt LLC, Stamford, contractor for self. Perform a fit-out on a new single-family residence with a new two-car garage at 27 Vanderbilt Ave., Norwalk. Estimated cost: $27,000. Filed Aug. 7. 46 Kneen Street Ext LLC, Shelton, contractor for self. Build additions and alterations on an existing singlefamily residence at 46 Kneen Street Extension, Shelton. Estimated cost: $149,440. Filed Aug. 5. A & A Quality Home Improvement, contractor for Andrew A. Allegretta. Pour the foundation for a new two-story addition at 244 N. Pine Creek, Fairfield. Estimated cost: $75,000. Filed Aug. 3. AA Building & Wrecking, contractor for Spa Inc. Demolish an existing single-family residence at 109 Jeniford Road, Fairfield. Estimated cost: $12,000. Filed Aug. 6. Aguayo, Christian, Danbury, contractor for self. Add a full bathroom to an unfinished basement in an existing single-family residence at 30 Jefferson Ave., Danbury. Estimated cost: $5,000. Filed July 28.

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Astrum Solar Inc., contractor for Fernando B. Carvalho. Install solar panels on the roof of an existing single-family residence at 370 Old Farm Lane, Fairfield. Estimated cost: $35,866. Filed Aug. 4. Astrum Solar Inc., contractor for Matthew Warner and Judith Warner. Install solar panels on the roof of an existing single-family residence at 145 Lucille St., Fairfield. Estimated cost: $4,575. Filed Aug. 5.

Visit FairfieldCountyJobs.com or call (203) 595-4262 for more information

Beyer, Stacy, Shelton, contractor for self. Install a gas-fired warm air heating and air conditioning at 58 Fort Hill Ave., Shelton. Estimated cost: $5,500. Filed Aug. 4.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 17


FCA’S MOMS PROGRAM THRIVES Norwalk’s Family & Children’s Agency (FCA) expanded its Fodor Farms community garden initiative to include families involved in the Maternal Outreach and Mentoring Service (MOMS) Program. These families meet every Friday at the garden plot to tend to their plants, engage with their young children outdoors and learn about healthy eating habits. This is the sixth consecutive year that FCA has partnered with Fodor Farms.

Mothers and their children tend to their plant.

GOOD THINGS HAPPENING LOCKWOOD-MATHEWS FEATURES NEW EXHIBIT, FALL GALA Norwalk’s Lockwood-Mathews Mansion Museum (LMMM) is featuring a new exhibition titled, “Lenticular Views: Journeys through Time, Space and Emotions” to open Oct. 14, 295 West Ave., Norwalk, with a preview at the LMMM gala, Oct. 10. The exhibition, featuring works by Miggs Burroughs, will be curated by artist and designer Gail IngisClaus. “Lenticular Views” will run through Jan. 3, with a fundraising reception Oct. 22, 6-8p.m. RSVP for the Oct. 22 reception by Sept. 16. For more information, email info@lockwoodmathewsmansion.com.

CITRIN COOPERMAN RISES IN THE RANKS

GREENWICH HOSPITAL RECOGNIZED BY HEALTHGRADES

Citrin Cooperman, an accounting firm with a location in Norwalk, is now ranked as the 22nd largest firm in the U.S. by net revenue. The firm was previously ranked 25th by the annual Inside Public Accounting (IPA) Top 100 Annual

Greenwich Hospital, a member of the Yale New Haven Health System, received Healthgrades’ 2015 Outstanding Patient Experience Award, which showcases the top 5 percent of hospitals nationwide based on patient input. Greenwich Hospital is the only hospi-

Firm Rankings. In addition to the IPA 100, Citrin Cooperman has also been named as one of the Best Places to Work for in both Connecticut and New Jersey by the Hartford Business Journal and NJBIZ.

tal to receive the award in the state of Connecticut. Heathgrades evaluated 3,575 hospitals that submitted patient surveys to the Centers for Medicare and Medicaid Services, covering admissions from Jan. 2013-Dec. 2013.

Information for these features has been submitted by the subjects or their delegates.

18 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL


HERZFELD JOINS AVISON YOUNG

STAR RECEIVES $1,200 FROM PROBUS CLUB

Norwalk-based Avison Young, an advisory firm, appointed Arielle Herzfeld as senior director of marketing, tri-state, based in the firm’s New York City office. Herzfeld’s responsibilities include leading marketing and public relations efforts across the firm’s New York City, New Jersey, Fairfield/Westchester and Long Island offices. Herzfeld brings more than 10 years of marketing and public relations experience to Avison Young.

Norwalk-based STAR Inc. Lighting the Way was awarded a $1,200 grant from the Probus Club of Greater Bridgeport, an organization of professionals serving people who are intellectually and physically challenged in the greater Bridgeport area, to support STAR’s recreational programs for adults with intellectual disabilities. The programs that will benefit include the Theater of STARs program, providing music, dance and performance opportunities for STAR clients and the equestrian program, which STAR provides in cooperation with New Canaan Mounted Troop. For additional information about either program, contact STAR at 203-846-9581.

Arielle Herzfeld

FIRST COUNTY APPOINTS MORTGAGE LOAN OFFICER Stamford-based First County Bank announced Grazyna Maciejewska, assistant vice president, is now a mortgage loan originator. Previously, she served as branch manager of the First County Bank branch at 1110 Hope St. in Springdale, Stamford. First County Bank said its addition of Maciejewska to the residential mortgage origination team demonstrates its commitment to enhance its residential mortgage division to meet the needs of customers.

AUG. 25

The Investors Association of Connecticut features a discussion titled, “Pitching Your Idea to Partners, Investors, Licensees,” along with a tour of the new Fairfield Engineering Entrepreneurship Center, 6 p.m. discussion, 7 p.m. tour, Fairfield University, 1073 North Benson Road, Fairfield. For more information, visit inventus.org.

AUG. 26

Steven Denittis of STAR rides a horse with help from his teachers at New Canaan Mounted Troop.

Grazyna Maciejewska

Maria Maldonado, associate chairwoman of the department of medicine and internal medicine residency director for Stamford Hospital, was elected to the Association of Program Directors in Internal Medicine (APDIM) council for a three-year term, beginning July 1. The APDIM is the international organization

of accredited internal medicine residency programs and is one of the founding members of the Alliance for Academic Internal Medicine, “a consortium of five academically focused organizations representing departments of internal medicine at medical schools and teaching hospitals in the U.S. and Canada.”

AUG. 27

Maria Maldonado

NORWALK RESIDENTS RECEIVE FAMILY CHAMPION AWARDS Wethersfield’s Connecticut Council of Family Service Agencies (CCFSA) honored Richard Zaremski, board of directors member, Norwalk-based Family & Children’s Agency (FCA) and Janeen Reid, supervisor of adolescent services, FCA Specialized Foster Care, with the Family Champion Award. Zaremski, senior vice president, First County Bank, has led the bank’s efforts to support regional businesses, especially nonprofits, helping to guide

FCA with many decisions. He is a member of FCA’s finance committee, board development committee and a co-chairman of the adult and senior program committee. In Reid’s position, she works helping children, having spearheaded several endeavors for foster care teens, including a life skills program and a college tour. Her mission is to ensure that children in foster care receive the same experiences as other children.

Scott Kuppersmith

EARLE NAMED SBA LOAN MANAGER Christopher J. Earle of Middlefield has been named Small Business Administration (SBA) sales manager for M&T Bank, working out of the Norwalk office. His responsibilities include overseeing the management of SBA loan

Quynh P. Goodhouse

Ridgefield Playhouse presents Eric Dourdon and Edgar Winter for a night of rock and blues, 8 p.m., 80 E. Ridge Road, Ridgefield. For ticket information, call the box office at 203-438-5795. The Women’s Business Development Council hosts a Launch Pad event to help people push ideas into the development stage at the Fairgate Community Center, 6 p.m., 9 Fairgate Drive, Stamford. For more information, visit ctwbdc.org.

MALDONADO ELECTED TO INTERNAL MEDICINE COUNCIL

SD4S ANNOUNCES BOARD CHANGES Stamford Dollars for Scholars (SD4S), an organization providing scholarships for students who live or attend high school in Stamford, announced executive committee and director changes to its board. The two executive appointments are current board member Scott Kuppersmith as treasurer and new board member Quynh P. Goodhouse as vice president of student affairs. Kuppersmith, a partner with B2B CFO, brings more than 30 years of management experience, having worked in a variety of industries, including manufacturing, luxury retail, e-commerce, banking, restaurants, petroleum industry, auditing and start-ups. Goodhouse is an attorney and founder of Goodhouse Law LLC. She holds her J.D. from the University of Connecticut School of Law and a bachelor’s degree in economics from the University of Connecticut.

DATES

programs offered at more than 650 M&T branch offices in multiple states. Earle has more than 40 years experience in the financial services industry, previously serving in SBA loan management positions for First Niagara Bank.

SCORE Fairfield County and co-sponsor the Weston Library are presenting a complimentary smallbusiness workshop titled, “Buying and Selling a Business,” 6-8 p.m., Weston Library, 56 Norfield Road, Weston. Check-in begins 5:30 p.m. To register, visit scorenorwalk.org/workshops. html.

AUG. 27-29 Greenwich’s Tiny Tots Consignment, a children’s consignment company, hosts its semi-annual sales event, 7-10 p.m. Aug. 27, 5-9 p.m. Aug. 28 and 10 a.m. to 2 p.m. Aug. 29 at the Greenwich Catholic School’s Gymnasium, 471 North St., Greenwich. The event features more than 30,000 items, including toys, clothes, baby gear and books. For more information, visit tinytotsconsignment.com.

SEPT. 3

Christopher J. Earle

There is a grand opening of the Urban League of Southern Connecticut Training and Technology Center, noon to 2 p.m., 485 Grand Ave., New Haven. For more information, visit ulsc.org.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 19


FACTS Blum, Jeremy R., contractor for Sarah Wojnarski. Add an in-ground pool to an existing single-family residence at 258 Valley View Road, Fairfield. Estimated cost: $28,000. Filed Aug. 4. Bond-Bilt Garages Inc., Wallingford, contractor for Jennifer Mongeluzo. Construct a detached two-car garage at 198 New Canaan Ave., Norwalk. Estimated cost: $25,000. Filed Aug. 7. DiGiorgi Roofing & Siding Inc., Beacon Falls, contractor for John Sheridan and Kathleen Sheridan. Strip and reroof an existing singlefamily residence at 26 Lovatt St., Norwalk. Estimated cost: $9,300. Filed Aug. 5. Domus Constructors LLC, contractor for James O’Neill. Pour the foundation for a new one-story single-family residence with front and rear porch at 820 Hillside Road, Fairfield. Estimated cost: $50,000. Filed Aug. 5. Doohan, Robert W III, contractor for Eric W. Zadravec and Lisa L. Zadravec. Strip and reroof an existing single-family residence at 919 Catamount Road, Fairfield. Estimated cost: $35,750. Filed Aug. 5. Emergent Properties LLC, Norwalk, contractor for self. Renovate the kitchen, cabinets, flooring, appliances in an existing single-family residence at 38 Harriet St., Norwalk. Estimated cost: $40,000. Filed Aug. 4. Fahan Brothers, Fairfield, contractor for Stephen Redfox and Elizabeth Redfox. Demolish an existing singlefamily residence at 119 Sasapequan Road, Fairfield. Estimated cost: $15,000. Filed Aug. 5. Ferrary, Laura, Shelton, contractor for self. Build a covered front porch and add new vinyl siding to an existing single-family residence at 60-62 Geissler Drive, Shelton. Estimated cost: $25,800. Filed Aug. 6. Frank, Lisi, Fairfield, contractor for self. Finish the basement for a family room and mechanical room in an existing single-family residence at 112 Roberton Crossing, Fairfield. Estimated cost: $5,000. Filed Aug. 4. Geraghty, Karen and Joshua Geraghty, Norwalk, contractor for self. Remodel the kitchen and flooring in an existing single-family residence at 31 Betts Place, Unit 11, Norwalk. Estimated cost: $12,000. Filed Aug. 6.

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FIGURES

Greenskies Renewable, contractor for the town of Fairfield. Install solar arrays on the ground of a municipal building at 183 Richard White Way, Fairfield. For no consideration paid. Filed Aug. 6.

Salem Lutheran Church, Bridgeport, contractor for self. Renovate the interior of an existing single-family residence at 3160 Park Ave., Bridgeport. Estimated cost: $2,000. Filed Aug. 4.

Solar City Corp., Rocky Hill, contractor for self. Add a solar array to the roof of an existing single-family residence at 179 East Lane, Stamford. Estimated cost: $14,053. Filed between Aug. 3 and Aug. 7.

Vinylume Inc., contractor for Paul Munsch, et al. Install new vinyl siding on an existing single-family residence at 254 Skyview Drive, Stamford. Estimated cost: $29,800. Filed between Aug. 3 and Aug. 7.

Wojenski Restoration LLC, Stratford, contractor for Denise Fernega. Strip and reroof an existing singlefamily residence at 138 Strawberry Hill Ave., Norwalk. Estimated cost: $11,445. Filed Aug. 5.

Greenskies Renewable, Fairfield, contractor for the town of Fairfield. Install solar panels on the roof of a municipal building at 183 Richard White Way, Fairfield. For no consideration paid. Filed Aug. 6.

Salvatore, Sean, Stamford, contractor for self. Inspect a home in an existing single-family residence at 3 Leslie St., Stamford. Estimated cost: $100. Filed between Aug. 3 and Aug. 7.

Stanley Construction LLC, contractor for the Housing Authority City of Stamford. Reroof an existing building and replace the doors on a multifamily residence at Ursula Place, Stamford. Estimated cost: $587,900. Filed between Aug. 3 and Aug. 7.

Vinylume Inc., contractor for Angela Cartwright. Install new asphalt shingles on the roof of an existing single-family residence at 1 Ponus Ave., Stamford. Estimated cost: $13,352. Filed between Aug. 3 and Aug. 7.

COURT CASES

Koroxenos, Geogio, Norwalk, contractor for self. Renovate the bedroom and bathroom in an existing single-family residence at 9 Ward St., Norwalk. Estimated cost: $25,000. Filed Aug. 5. Prokopiuk, Robert, Stamford, contractor for self. Install new siding on an existing single-family residence at 142 Houston Terrace, Stamford. Estimated cost: $2,800. Filed between Aug. 3 and Aug. 7. R & M Custom Contractors, contractor for Brian A. Avallone and Alison Avallone. Remove a deck and a shed and add one story to an existing single-family residence at 442 Szost Drive, Fairfield. Estimated cost: $12,000. Filed Aug. 4. R.J. Aley Const. LLC, Westport, contractor for Judson. Relocate the doors and windows in an existing singlefamily residence at 21 Split Rock Road, Norwalk. Estimated cost: $19,900. Filed Aug. 4. Ramos, Amy, Fairfield, contractor for self. Repair the deck at an existing single-family residence at 142 Adelaide St., Fairfield. Estimated cost: $3,000. Filed Aug. 5. Rick’s Roofing & Siding LLC, Norwalk, contractor for Amelia May Garvey. Strip and reroof an existing single-family residence at 99 Round Hill Road, Fairfield. Estimated cost: $12,000. Filed Aug. 4. Riga LLC, Norwalk, contractor for William Wertz. Strip and reroof an existing single-family residence at 575 Belden Hill Road, Norwalk. Estimated cost: $13,500. Filed Aug. 4. Rizzo Masonry & Landscaping LLC, contractor for Ernesto Hermosura, et al. Raise the paver deck with columns and retaining wall at 275 Weed Ave., Stamford. Estimated cost: $14,000. Filed between Aug. 3 and Aug. 7.

Geribaldo, Maria, et al., Stamford, contractor for self. Add an addition to a bathroom in an existing singlefamily residence at 31 Arlington Road, Stamford. Estimated cost: $10,000. Filed between Aug. 3 and Aug. 7.

Rocky Ridge Services Inc., contractor for Pinnacle Peak Inc. Demolish an existing single-family residence at 91 Partridge Lane, Fairfield. Estimated cost: $6,500. Filed Aug. 5.

Goble, Patricia A. and Daniel P. Goble, Danbury, contractor for self. Strip and reroof an existing singlefamily residence at 9 Fir Drive, Danbury. Estimated cost: $16,450. Filed July 27.

Roland Construction Services LLC, Norwalk, contractor for Monica Saucedo. Add second-floor additions over an existing space at 206 Ely Ave., Norwalk. Estimated cost: $22,000. Filed Aug. 4.

Saturno, Steven P., Stamford, contractor for self. Repair and renovate the second floor of a condominium at 444 Courtland Ave., Unit 3, Stamford. Estimated cost: $6,000. Filed between Aug. 3 and Aug. 7. Schmaling, Scott, Monroe, contractor for self. Add solar panels to the roof of an existing single-family residence at 22 Fox Run, Monroe. Estimated cost: $1,200. Filed Aug. 6. Selk, Susan, Monroe, contractor for self. Perform an alteration in an existing single-family residence at 181 Hammer Turnpike, Monroe. Estimated cost: $3,500. Filed Aug. 3. Serra, Lisa and Frederick W. Serra, Shelton, contractor for self. Finish a room over the master bedroom in an existing single-family residence at 43 Winthrop Woods Road, Shelton. Estimated cost: $5,460. Filed Aug. 6. Sigma Property Solutions LLC, contractor for Vojislav Djordjic. Demolish an existing single-family residence and perform site prep for a new home at 511 Den Road, Stamford. Estimated cost: $10,000. Filed between Aug. 3 and Aug. 7. Silvia, Elisa B., Fairfield, contractor for self. Add an attic dormer to an existing single-family residence for storage at 63 Reynolds Drive, Fairfield. Estimated cost: $2,000. Filed Aug. 5. Solar City Corp., Rocky Hill, contractor for Guy Lorrius. Add solar panels to the roof of an existing single-family residence at 8 Birch St., Norwalk. Estimated cost: $17,719. Filed Aug. 4. Solar City Corp., Rocky Hill, contractor for Erik Henry. Add solar panels to the roof of an existing single-family residence at 4 Pogany St., Norwalk. Estimated cost: $14,883. Filed Aug. 4. Solar City Corp., Rocky Hill, contractor for Badrul Chowdhury. Add solar panels to the roof of an existing single-family residence at 29 Spruce St., Norwalk. Estimated cost: $17,719. Filed Aug. 4. Solar City Corp., Rocky Hill, contractor for self. Add a solar array to the roof of an existing single-family residence at 17 Applebee Road, Stamford. Estimated cost: $9,165. Filed between Aug. 3 and Aug. 7. Solar City Corp., Rocky Hill, contractor for self. Add a solar array to the roof of an existing single-family residence at 126 Brook Run Lane, Stamford. Estimated cost: $14,053. Filed between Aug. 3 and Aug. 7.

20 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

Stephen Pomazi Inc., Redding, contractor for Clock Tower LLC. Strip and reroof an existing single-family residence at 84 Wall St., Norwalk. Estimated cost: $12,000. Filed Aug. 7. Tammaro, Joseph, Fairfield, contractor for self. Install a skylight in an attic in an existing single-family residence at 644 Reef Road, Fairfield. Estimated cost: $2,000. Filed Aug. 3. Thomas, Terrie, Monroe, contractor for self. Strip and reroof an existing single-family residence at 34 Mary Court, Monroe. Estimated cost: $16,052. Filed Aug. 4. Tiago Building Group L.L.C., contractor for Mary C. Doolan and John D. Doolan. Add an addition for a bathroom and closet in an existing singlefamily residence at 101 Somerset Ave., Fairfield. Estimated cost: $23,600. Filed Aug. 6. Toapanta, Betty E. and Cordova Toapanta, Danbury, contractor for self. Add an above-ground pool and a deck to an existing single-family residence at 74 Old Ridgebury Road, Danbury. Estimated cost: $4,000. Filed July 27. Torres, Traci, Monroe, contractor for self. Perform an alteration in an existing single-family residence at 349 Elm St., Monroe. Estimated cost: $5,000. Filed Aug. 4. Town of Monroe, Monroe, contractor for self. Add a shed to the property of an existing single-family residence at 235 Cutlers Farm, Monroe. Estimated cost: $3,400. Filed Aug. 4. Trademark Home Improvement, contractor for Julie Marks and Stephen Marks. Remodel the kitchen and relocate the laundry in an existing single-family residence at 70 Long Meadow Road, Fairfield. Estimated cost: $50,000. Filed Aug. 6. Trinity Heating & Air Inc., contractor for James Bernhardt and Mary Bernhardt. Install solar panels on the roof of an existing single-family residence at 205 Old Hickory Road, Fairfield. Estimated cost: $1,180. Filed Aug. 5. Vacetoric, Ismet, Bridgeport, contractor for self. Strip and reroof an existing single-family residence at 185 Palisade Ave., Bridgeport. Estimated cost: $22,000. Filed Aug. 6.

Vinylume Inc., contractor for Biye Li, et al. Install new asphalt shingles on the roof of an existing singlefamily residence at 12 Strawberry Patch Lane, Stamford. Estimated cost: $14,000. Filed between Aug. 3 and Aug. 7. VIP Home Improvement LLC, Fairfield, contractor for Zahid Mir. Perform interior additions in an existing single-family residence at 9 Burlington Court, Norwalk. Estimated cost: $220,720. Filed Aug. 7. Vitynskyi, Svetlana and Roman Vitynskyi, Shelton, contractor for self. Install roof-mounted solar panels on an existing single-family residence at 67 Geissler Drive, Shelton. Estimated cost: $25,858. Filed Aug. 7. Vivint Solar Developer LLC, contractor for Linda Dinerstein. Install solar panels on the roof of an existing single-family residence at 140 Barros St., Fairfield. Estimated cost: $868. Filed Aug. 6. Vivint Solar Developer LLC, contractor for Tommie Williams. Install roof-mounted solar panels on an existing single-family residence at 29 Edgewood Ave., Stamford. Estimated cost: $16,962. Filed between Aug. 3 and Aug. 7. VME Red LLC, Fairfield, contractor for Sunshine Residences. Remodel the kitchen and deck in an existing single-family residence at 70 Strand St., Bridgeport. Estimated cost: $22,000. Filed Aug. 7. Watermark at 3030 Park, Bridgeport, contractor for self. Perform interior renovations to an existing singlefamily residence at 3030 Park Ave., Bridgeport. Estimated cost: $24,000. Filed Aug. 5. Watson, Richard, Shelton, contractor for self. Install roof-mounted solar panels on an existing single-family residence at 8 Angell Ave., Shelton. Estimated cost: $31,200. Filed Aug. 5. Weatherite Systems, Prospect, contractor for Nor-West Condominiums. Strip and reroof an existing single-family residence at 80 County St., Norwalk. Estimated cost: $42,840. Filed Aug. 5. West, Tim, Shelton, contractor for self. Add a shed dormer to the back of a house at 13 Huntington Ave., Shelton. Estimated cost: $30,000. Filed Aug. 6.

The following court cases represent the allegations made by plaintiffs in the initial filings of civil lawsuits, and do not represent legally binding judgments made by the courts.

BRIDGEPORT SUPERIOR COURT Air & Liquid Systems Corp., et al., Harrisbury, Pa. Filed by Alfred Moylan and Joan Moylan, Westfield, Mass. Plaintiff’s attorney: Early, Lacarelli, Sweeney & Meisenkothen LLC, New Haven. Action: The plaintiffs have brought this product liability suit against the defendants alleging that Alfred Moylan was forced to be exposed to asbestos fibers and materials manufactured by the defendants during the course of his work. The defendants failed to advise the plaintiffs of the dangerous characteristics of asbestos and failed to provide a safe working environment for the plaintiff. The plaintiff’s wife is suing for loss of consortium. The plaintiffs seek monetary damages in excess of $15,000, costs, punitive and exemplary charges and such other relief as this court may deem proper. Case no. FBT-cv15-6051475-S. Filed Aug. 5. Air & Liquid Systems Corp., et al., Harrisbury, Pa. Filed by James A. Burns and Ellen Burns, East Falmouth, Mass. Plaintiffs’ attorney: Early, Lacarelli, Sweeney & Meisenkothen LLC, New Haven. Action: The plaintiffs have brought this product liability suit against the defendants alleging that James A. Burns was forced to be exposed to asbestos fibers and materials manufactured by the defendants during the course of his work. The defendants failed to advise the plaintiffs of the dangerous characteristics of asbestos and failed to provide a safe working environment for the plaintiff, James A. Burns. The plaintiff’s wife is suing for loss of consortium. The plaintiffs seek monetary damages in excess of $15,000, costs, punitive and exemplary charges and such other relief as this court may deem proper. Case no. FBT-cv15-6051484-S. Filed Aug. 6.


FACTS Call Enterprises Inc. and J and G Glass Company Inc., Bridgeport. Filed by Cornelius Hawkins, Stamford. Plaintiff’s attorney: Perkins & Associates, Woodbridge. Action: The plaintiff has brought this personal injury suit against the defendants alleging that he was on a school property when he was hit by a glass window frame and sustained injury. This condition was allegedly allowed to exist due to the negligence of the defendants and their employees in that they failed to secure the windows on the school property. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems fair and equitable. Case no. FBT-cv15-6051411-S. Filed Aug. 3. Kia Motor America Inc., et al., Irvine, Calif. Filed by Katherine Choothesa, Fairfield. Plaintiff’s attorney: Vlad Hirnyk, Stamford. Action: The plaintiff has brought this suit against the defendants alleging that they leased the plaintiff a defective automobile. The defendants have allegedly failed to replace the vehicle leased to her with one that works, causing damages. The plaintiff claims an order approving revocation of acceptance of the vehicle, monetary damages, equitable relief, incidental and consequential damages, punitive damages, attorney’s fees and such other and further relief as the court deems just and proper. Case no. FBT-cv15-6051508-S. Filed Aug. 7. Mac Rei Properties LLC, Trumbull. Filed by Mary Jones, Meriden. Plaintiff’s attorney: Law Office of George H. Romania, Hamden. Action: The plaintiff has brought this personal injury suit against the defendant alleging that she slipped on an icy surface 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 put up a barricade to block the icy surface. The plaintiff claims monetary damages in excess of $15,000. Case no. FBT-cv15-6051478-S. Filed Aug. 6. Omni Insurance Co., Hartford. Filed by Esteban Romero, Bridgeport. Plaintiff’s attorney: Warne R. Sharnick, Rubens & Lazinger LLC, Bridgeport. Action: The plaintiff has brought this motor vehicle suit against the defendant alleging that he collided with an underinsured motorist and suffered injury. The insurance policy carried by the underinsured motorist is inadequate to fully compensate for the damages. The plaintiff alleges that his injuries are the legal responsibilities of his insurance company, the defendant. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs. Case no. FBT-cv15-6051417-S. Filed Aug. 3.

Prestige Realty Group I LLC, et al., Westport. Filed by Leonard Morrell, Hamden. Plaintiff’s attorney: Miller, Rosnick, D’Amico, August & Butler PC, Bridgeport. Action: The plaintiff has brought this personal injury suit against the defendants alleging that he slipped on an icy surface owned by the defendants and sustained injury. This icy condition was allegedly allowed to exist due to the negligence of the defendants and their employees in that they permitted the parking lot to remain in an icy condition. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FBT-cv15-6051495-S. Filed Aug. 7. R.T. Vanderbilt Holding Company Inc., Norwalk. Filed by Julus Laloi, Bridgeport. Plaintiff’s attorney: Steven A. Levy, Fairfield. Action: The plaintiff has brought this personal injury suit against the defendant alleging that he tripped and fell down stairs in a building owned by the defendant and sustained injury. This slippery condition was allegedly allowed to exist due to the negligence of the defendant and its employees in that they failed to remove ice and snow from the stairway. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FBT-cv15-6051441-S. Filed Aug. 4. The Gerald Company LLC, Fairfield. Filed by People’s United Bank NA, Bridgeport. Plaintiff’s attorney: Benanti & Associates, Stamford. 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 a business overdraft line of credit. The plaintiff has declared the entire outstanding principal balance of $9,161 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages, interest, costs and such other and further equitable relief as may be required. Case no. FBT-cv15-6051461-S. Filed Aug. 5. United Community Family Services Inc., et al., Norwich. Filed by Micata Managament LLC, West Haven. Plaintiff’s attorney: Halloran & Sage LLP, 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 for construction services provided. The plaintiff has allegedly placed a mechanic’s lien on the defendants’ property. The plaintiff has declared the entire outstanding balance of $39,526 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages, attorney’s fees, interest, court costs and such other and further legal and equitable relief as the court deems appropriate. Case no. FBT-cv15-6051507-S. Filed Aug. 7.

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DANBURY SUPERIOR COURT Metropolitan Property and Casualty Insurance Co., Hartford. Filed by Theresa Albanetti, Danbury. Plaintiff’s attorney: Gager, Emerson, Rickart, Bower & Scalzo LLP, Southbury. Action: The plaintiff has brought this motor vehicle suit against the defendant alleging that she collided with an underinsured motorist and suffered injury. The insurance policy carried by the underinsured motorist is inadequate to fully compensate for the damages. The plaintiff alleges that her injuries are the legal responsibilities of her insurance company, the defendant. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs and such other, further and different relief as this court may seem just and equitable. Case no. DBD-cv15-6017826-S. Filed Aug. 3.

STAMFORD SUPERIOR COURT Costco Wholesale Corp., Hartford. Filed by Laura Longo, Stamford. Plaintiff’s attorney: Tooher Wocl & Leydon LLC, Stamford. Action: The plaintiff has brought this personal injury suit against the defendant alleging that she slipped on a slippery surface in a store owned by the defendant and sustained injury. This slippery condition was allegedly allowed to exist due to the negligence of the defendant and its employees. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FST-cv15-6026031-S. Filed Aug. 5. JP Morgan Chase Bank NA, et al., Hartford. Filed by AMEC Commercial LLC, Norwalk. Plaintiff’s attorney: Lampert, Toohey & Rucci LLC, New Canaan. 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 construction services. The plaintiff has allegedly placed a mechanic’s lien on the defendants’ property. The plaintiff has declared the entire outstanding principal balance of $78,983 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages, attorney’s fees, interest, court costs and such other and further legal and equitable relief as the court deems appropriate. Case no. FST-cv15-6026038-S. Filed Aug. 5. Krystal Kleer LLC, Milford. Filed by Philadelphia Insurance Co., Bala Cynwyd, Pa. Plaintiff’s attorney: Howard, Kohn, Sprague & Fitzgerald, Hartford. Action: the plaintiff has brought this suit against the defendant alleging that it was contracted to perform construction work on a school insured by the plaintiff. The defendant allegedly failed to install plastic tubing correctly, causing water leakage. The plaintiff was allegedly forced to pay out damages. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FST-cv15-6026006-S. Filed Aug. 3.

FIGURES LM General Insurance Co., Hartford. Filed by Anthony Holland, Norwalk. Plaintiff’s attorney: Millman, Arons & Millman, Westport. Action: The plaintiff has brought this motor vehicle suit against the defendant alleging that he collided with an underinsured motorist and suffered injury. The insurance policy carried by the underinsured motorist is inadequate to fully compensate for the damages. The plaintiff alleges that his injuries are the legal responsibilities of his insurance company, the defendant. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs. Case no. FST-cv15-6026025-S. Filed Aug. 4. The Stamford Hospital, Stamford. Filed by Jose R. Leston, New Milford. Plaintiff’s attorney: Collins Hannafin PC. Action: The plaintiff has brought this suit against the defendant alleging that it allowed a hostile work environment to persist for the plaintiff by permitting an employee of the defendant to make sexually suggestive comments. The defendant allegedly terminated the plaintiff in retaliation for complaining about the work environment. The plaintiff claims money damages, attorney’s fees, cost, punitive damages and such other and further relief as is equitable and just. Case no. FST-cv15-6026049-S. Filed Aug. 6.

FEDERAL DISTRICT COURT A. Aiudi & Sons LLC, et al., Plainville. Filed by Lafarge Building Materials Inc., Chicago, Ill. Plaintiff’s attorney: Martha Cullina LLP, Hartford. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they have not paid for the cement provided to them by the plaintiff. The defendants are allegedly liable for more than $2 million. The plaintiff claims monetary damages, interest, costs and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01203-JBA. Filed Aug. 7. Aetna Inc., et al., Hartford. Filed by Ronald Satish Emrit, Las Vegas, Nev. Plaintiff’s attorney: Self-representing. Action: The plaintiff has brought this product liability suit against the defendants alleging that they violated laws by failing to manufacture and distribute safe and effective drugs in combating Alzheimer’s disease. The plaintiff claims $45 million in monetary damages. Case no. 3:15-cv-01201-VAB. Filed Aug. 7. Connecticut BBQ LLC, Bridgeport. Filed by H&G Franchising LLC, New York, N.Y. Plaintiff’s attorney: Brenner, Saltzman & Wallman, New Haven. Action: The plaintiff has brought this trademark infringement suit against the defendant alleging that it used a flame BBQ logo similar to the plaintiff’s in an attempt to attract patrons to its restaurant. The plaintiff claims an injunction enjoining the defendant from continuing to infringe, an order to destroy the infringing materials, compensatory damages, punitive damages, costs, attorney’s fees and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01195-VAB. Filed Aug. 6.

McCarthy Burgess and Wolf Inc., Bedford Heights, Ohio. Filed by Veronica Dowd, East Haven. Plaintiff’s attorney: Kennedy Law Firm, Branford. Action: The plaintiff has brought this fair debt collection suit against the defendant alleging that it called the plaintiff’s home and contacted a third party in an attempt to collect a debt, causing damages. The plaintiff claims statutory damages, costs, attorney’s fees and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01196-MPS. Filed Aug. 6.

Gravelle, Kathleen A. and Peter A. Gravelle, et al., Monroe. Appointed committee: 265 Cross Hill Road, Monroe. Property: 265 Cross Hill Road, Monroe. Amount: $338,229. Docket no. FBT-cv-13-6033643. Filed Aug. 7.

Noshons Corp., et al. Filed by Crystal Ivester, Waterbury. Plaintiff’s attorney: Jessica Leigh Labrencis, Hartford. Action: The plaintiff has brought this fair housing discrimination suit against the defendants alleging that they failed to make reasonable accommodations for the plaintiff’s disability. The defendants allegedly failed to give the plaintiff a key to the back entrance of the property on which she resided, despite providing it to other tenants. The plaintiff claims the defendants be made to provide a key, an enjoinment preventing retaliation, compensatory damages, punitive damages, attorney’s fees, costs and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01187-RNC. Filed Aug. 4.

Silva, Rita and Jose S. Silva, Trumbull. Appointed committee: Stuart Hawkins, Trumbull. Property: 12 Drew Circle, Trumbull. Amount: $330,000. Docket no. FBT-cv-126030899-S. Filed July 16.

Pathway Investment Corp., Englewood, N.J. Filed by Samkwang Glass Co. Ltd., Seoul, Korea. Plaintiff’s attorney: Seven M. Coyle, Hartford. Action: The plaintiff has brought this trademark infringement suit against the defendant alleging that it agreed to sell the plaintiff’s glassware for a limited time. The defendant allegedly filed a trademark application for similar glassware, which was rejected, yet continued to sell the infringing glassware after its agreement with the plaintiff came to an end. The plaintiff claims an injunction enjoining the defendants from continuing to infringe, statutory damages, costs, attorney’s fees and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01178-JAM. Filed Aug. 3. Precision Sales International LLC, Seymour. Filed by ACT-MAG s.r.l., Italy. Plaintiff’s attorney: Brown and Welsh PC, Meriden. Action: The plaintiff has brought this breach-of-contract suit against the defendant alleging that it failed to pay for goods provided to them by the plaintiff. The plaintiff has made a demand for the balance, yet has not received payment. The plaintiff claims compensatory damages, costs and such other and further relief as may pertain in law or equity. Case no. 3:15-cv-01188-AVC. Filed Aug. 5.

DEEDS

COMMITTEE DEEDS Castaldo, Anne Marie, et al., Trumbull. Appointed committee: Pamela L. Shaplin, Trumbull. Property: 34 Greenwood Drive, Trumbull. Amount: $320,000. Docket no. FBTcv-13-6033530-S. Filed July 23.

Shannon, Wendy L., et al., Norwalk. Appointed committee: Daniel M. McCabe, Norwalk. Property: 25 W. Main St., Unit 8, Norwalk. Amount: $127,000. Docket no. FST-cv-146023731-S. Filed July 30.

Thompson, Linda, et al., Fairfield. Appointed committee: Alfonso Cammarota, Fairfield. Property: 209 Alma Drive, Fairfield. Amount: $310,000. Docket no. FBT-cv-14-6040892S. Filed Aug. 6.

COMMERCIAL 118 Lindley LLC, Bridgeport. Seller: Michelle G. Bottari and Andrew R. Bottari, Bridgeport. Property: 118124 Lindley St., Bridgeport. Amount: $67,000. Filed Aug. 3. 18 Sheehan Avenue LLC, Norwalk. Seller: Pietro Napoleone, Bridgeport. Property: 16 Sheehan Ave., Norwalk. Amount: $600,000. Filed Aug. 3. 42 Tauton Lake Drive LLC, Newtown. Seller: Mary Jane Behling, Newtown. Property: 41 Tauton Lake Drive, Newtown. Amount: $449,500. Filed Aug. 6. A&M Main Realty LLC, Norwalk. Seller: Robert A. Glew, Greenwich. Property: 277 Main Ave., Norwalk. Amount: $1.4 million. Filed Aug. 7. Cove Partners LLC, Norwalk. Seller: Paul Kokias and Mary Kokias, Norwalk. Property: 7 Cove Ave., Norwalk. Amount: $400,000. Filed Aug. 3. D. Charles LLC, Fairfield. Seller: Neil Strandberg and Suzanne Strandberg, Fairfield. Property: 82 Lucille St., Fairfield. Amount: $368,000. Filed Aug. 4. Emergent Properties LLC, Stamford. Seller: George T. Conger, Key West, Fla. Property: 38 Harriet St., Norwalk. Amount: $150,000. Filed Aug. 6. Fairfield 18 LLC, Norwalk. Seller: Norwalk Condos LLC, Norwalk. Property: Units BA-1, BA-2, BA-3, A1, A2, A3, A4, A5, A6, A7, A8, A9, A10, A11, A12, A13, A14 and A15 of Fairfield 18 Condominium, Norwalk. Amount: $1. Filed Aug. 3. Federal Home Loan Mortgage Corp., McLean, Va. Seller: David J. Hulse, Norwalk. Property: 16 James St., Norwalk. Amount: $1. Filed Aug. 4.

Dorso, Wilma, et al., Shelton. Appointed committee: Shawn K. Splan, Shelton. Property: 24 Sunset Drive, Shelton. Amount: $170,000. Docket no. AAN-cv-14-6016006-S. Filed July 22.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 21


FACTS Hillroad LLC, Fairfield. Seller: Nationstar Mortgage L.L.C., Coppell, Texas. Property: 44 Hiram Hill Road, Monroe. Amount: $258,825. Filed July 29. Icart Rental Properties LLC, Bridgeport. Seller: Bonaventura R. Mauro and Joyce Mauro, Orange. Property: 43 Remington St., Unit B3, Bridgeport. Amount: $18,000. Filed Aug. 5. ILSR Owners LLC, Port Chester, N.Y. Seller: POKO-IWSR Developers LLC, Port Chester, N.Y. Property: 83 and 97 Wall St., and 21, 23 and 31 Isaac St., Norwalk. For an unknown amount paid. Filed Aug. 3. IWSR Owners LLC, Port Chester, N.Y. Seller: POKO-IWSR Developers LLC, Port Chester, N.Y. Property: 67 and 69 Wall St., Norwalk. For an unknown amount paid. Filed Aug. 3. KAY2J LLC, Ridgefield. Seller: Martin C. Zito and Kathy R. Zito, Trinity, Fla. Property: Route 111, Monroe. Amount: $1.1 million. Filed July 30. L + M Contracting LLC, Stratford. Seller: Deutsche Bank National Trust Co., West Palm Beach, Fla. Property: 48 Twitchgrass Road, Trumbull. Amount: $177,600. Filed Aug. 5. Nationstar Mortgage L.L.C., Lewisville, Texas. Seller: Michelle M. Harvey, Monroe. Property: 44 Hiram Hill Road, Monroe. For no consideration paid. Filed July 23. Norwalk Property LLC, Norwalk. Seller: Hector Vasquez, Norwalk. Property: 150 S. Main St., Norwalk. Amount: $150,000. Filed Aug. 7. Slitrock Properties LLC, Norwalk. Seller: Paul Y. Lee, Norwalk. Property: 25 Grand St., Unit 258, Norwalk. Amount: $149,000. Filed Aug. 4. Spaz Properties LLC, Bridgeport. Seller: U.S. Bank NA, West Palm Beach, Fla. Property: 2190 Park Ave., Bridgeport. Amount: $123,500. Filed Aug. 5. Splitrock Properties LLC, Norwalk. Seller: 25 Grand Street LLC, Norwalk. Property: 25 Grand St., Unit 252, Norwalk. Amount: $170,500. Filed Aug. 5. Strategic Street Realty Fund LLC, San Jose, Calif. Seller: Federal Home Loan Mortgage Corp., Carrollton, Texas. Property: 57 Greenhouse Road, Apt. 57D, Bridgeport. Amount: $35,500. Filed Aug. 4. Vhough Real Estate LLC, Norwalk. Seller: Ronald Laracca and Randy Laracca, Norwalk. Property: 237 W. Norwalk Road, Norwalk. Amount: $210,000. Filed July 31.

QUIT CLAIM 105 Pine Creek Associates LC, New York, N.Y. Grantor: James J. Heckler and Kelly J. Pointer, New York, N.Y. Property: 105 Pine Creek Ave., Fairfield. Amount: $1. Filed Aug. 3.

19 Cutler Farms Road LLC, Monroe. Grantor: Stephen J. Gentile, Monroe. Property: 19 Cutler Farm Road, Monroe. For an unknown amount paid. Filed Aug. 3. 234 Main Street LLC, Monroe. Grantor: Bernard Sippin, Monroe. Property: 234 Main St., Monroe. Amount: $1. Filed July 30. Agosto, Iris, Somers. Grantor: Iris Liceaga, Bridgeport. Property: 122-124 Garden Drive, Bridgeport. For no consideration paid. Filed Aug. 4. Ash Holdings LLC, Bridgeport. Grantor: Chase Holdings LLC, Bridgeport. Property: Lots 6 and 8, Ash Street, Bridgeport. Amount: $1. Filed Aug. 6. Belli, Gina M., Brookfield. Grantor: Shirley M. Belli, Newtown. Property: 4 Tauton Hill Road, Newtown. Amount: $1. Filed Aug. 3. Bengali, Naeem S. and Neala H. Malick, Milford. Grantor: Naela H. Malick, Milford. Property: 485 Tunxis Hill Road, Fairfield. Amount: $1. Filed Aug. 5. Bourque, Michele E., Shelton. Grantor: Corey Bourque, Shelton. Property: Lot 2, Map of Village Acres, Shelton. For an unknown amount paid. Filed Aug. 6. Brigham, Adrienne, Bethel. Grantor: David Ramos, Seymour. Property: 6 Eagle Rock Hill Road, Unit 111, Bethel. Amount: $1. Filed July 29. Brophy, Karen Wing and Christopher Brophy, Fairfield. Grantor: Christopher Brophy and Karen Wing Brophy, Fairfield. Property: Lot 275 and 276, Map of Grasmere Heights, Fairfield. For an unknown amount paid. Filed Aug. 5. Carty, Maullene Y. and Clareta Althea Carty, Bridgeport. Grantor: Maullene Y. Carty, Bridgeport. Property: 54-56 Locust St., Bridgeport. Amount: $1. Filed Aug. 4. Cottingham, Jane and Robert Cottingham, Newtown. Grantor: Robert Cottingham, Newtown. Property: Parcel B, Map 3416, Newtown. Amount: $1. Filed Aug. 6. Cottingham, Jane, Newtown. Grantor: Jane Cottingham, Newtown. Property: Parcel B, Map 3416, Newtown. Amount: $1. Filed Aug. 6. Cottingham, Jane, Newtown. Grantor: Robert Cottingham, Newtown. Property: Parcel A, Map 3416, Newtown. Amount: $1. Filed Aug. 6. Crescent Crossing LLC, Stamford. Grantor: Bridgeport Community Renewal Associates LLC, Stamford. Property: Unit 1A of Crescent Crossing Condominium, Bridgeport. Amount: $1. Filed Aug. 6.

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FIGURES

Cypress Associates LLC, Bridgeport. Grantor: John Beitman and Pearl Beitman, Bridgeport. Property: Unit 7-E in Building 2 of The Inwood Condominium South, Bridgeport. Amount: $1. Filed Aug. 3.

Federal National Mortgage Association, Dallas, Texas. Grantor: NYBC Mortgage Company LLC, Cleveland, Ohio. Property: 97 Richard Ave., Unit F-6, Norwalk. For an unknown amount paid. Filed Aug. 3.

D’Andrea, Augustine, Rowayton. Grantor: Tham D. Le and Thuhang T. Vo, Bridgeport. Property: 118 Flanders St., Bridgeport. Amount: $31,500. Filed Aug. 3.

Federal National Mortgage Association, Dallas, Texas. Grantor: Ocwen Loan Servicing LLC, West Palm Beach, Fla. Property: 35 Walter Ave., Norwalk. For an unknown amount paid. Filed Aug. 7.

DeLuca, Mirella and Anthony V. DeLuca, Redding. Grantor: Anthony V. DeLuca, Redding. Property: 80 Hopewell Woods Road, Redding. For no consideration paid. Filed July 29. Desousa, Maria and Jose Teixeira, Bridgeport. Grantor: Henrique Teixeira and Deolinda Teixeira, Bridgeport. Property: 255-9 Federal St., Bridgeport. Amount: $1. Filed Aug. 4. DiLeone, Ann Martin, Norwalk. Grantor: Ann Martin DeLione, Norwalk. Property: 34 Rowayton Ave., Norwalk. Amount: $1. Filed Aug. 7. DiPanni, Jo-Ann N. and Anthony C. DiPanni, Trumbull. Grantor: JoAnn N. DiPanni and Anthony C. DiPanni, Trumbull. Property: Unit 371 of Long Hill Road, Trumbull. For no consideration paid. Filed Aug. 6. Dreher, Ralph A., Shelton. Grantor: Delores R. Dreher, Shelton. Property: 351 Walnut Tree Hill Road, Shelton. Amount: $1. Filed Aug. 6. Erwin, Keith, Newtown. Grantor: Patricia A. Erwin, Watertown. Property: 33 Copper Creek Circle, Newtown. Amount: $1. Filed July 29. Esposito, Angelo, Emily Franeta and Sal Esposito, Langhorne, Pa. Grantor: Antonio Esposito and Concetta Esposito, Langhorne, Pa. Property: 138 Louis Hill Road, Newtown. Amount: $1. Filed July 29. FCB REM LLC, Stamford. Grantor: First Country Bank, Stamford. Property: 15 Apple Lane, Redding. Amount: $10. Filed Aug. 3. Federal Home Loan Mortgage Corporation, McLean, Va. Grantor: Bayview Loan Servicing LLC, Coral Gables, Fla. Property: 45 Mount Pleasant Drive, Trumbull. For an unknown amount paid. Filed Aug. 7. Federal National Mortgage Association, Dallas, Texas. Grantor: Wells Fargo Bank NA, Fort Mill, S.C. Property: 42 Dodgingtown Road, Bethel. For an unknown amount paid. Filed July 28. Federal National Mortgage Association, Dallas, Texas. Grantor: Green Tree Servicing LLC, Tempe, Ariz. Property: 126 Washington St., Unit 105, Norwalk. For no consideration paid. Filed Aug. 3.

22 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

Figueroa, Soraya, Bridgeport. Grantor: Success Village Apartments Inc., Bridgeport. Property: 164 Court D., Building 64, Bridgeport. Amount: $37,000. Filed Aug. 5. Fitzsimmons, Christine A. and Jerome J. Fitzsimmons, Shelton. Grantor: Jerome J. Fitzsimmons Jr. and Christine A. Fitzsimmons, Shelton. Property: 19 Park Ave., Shelton. Amount: $1. Filed Aug. 3.

McKenna, Linda C., West Haven. Grantor: Clarabelle Cukale, Bridgeport. Property: 157 Englewood Ave., Bridgeport. For no consideration paid. Filed Aug. 5. Mulvey, Mona S., Norwalk. Grantor: Mona Mulvey, Norwalk. Property: Lot 5, Map 6534, Norwalk. For no consideration paid. Filed Aug. 7. Munoz, Blanca, Norwalk. Grantor: Carlos Munoz, Norwalk. Property: 18 Chester St., Norwalk. For no consideration paid. Filed Aug. 7. NTD Corp., Monroe. Grantor: Margaret E. DeMarco, North Haven. Property: 171 Spring Hill Road, Monroe. Amount: $80,000. Filed Aug. 3. Omonte, Nancy M. and Alberto J. Chavez, Bridgeport. Grantor: Nancy M. Omonte, Bridgeport. Property: 445-447 Burnsford Ave., Bridgeport. Amount: $1. Filed Aug. 6.

Shereshewsky, Catherine D. and Jerome H. Shereshewshy, Redding. Grantor: Jerome H. Shereshewsky and Catherine Del Spina Shereshewsky, Redding. Property: 62 Seventy Acre Road, Redding. Amount: $1. Filed Aug. 3. South Main Street Newtown Associates LLC, Trumbull. Grantor: Flagpole Holdings LLC, Monroe. Property: 110 Main St., Monroe. Amount: $90,000. Filed Aug. 3. Spatta, Jane, Southbury. Grantor: Jane Spatta, Southbury. Property: 177 Main St., Norwalk. For no consideration paid. Filed Aug. 4. Stevens, David, Wilton. Grantor: Sonia Stevens, Wilton. Property: 122, 124 and 126 Princeton St., Bridgeport. Amount: $1. Filed Aug. 4. Stevens, David, Wilton. Grantor: Sonia Stevens, Wilton. Property: 37-41 Jetland St., Bridgeport. Amount: $1. Filed Aug. 4.

Fleming, Doreen L. and Rossana D. Guizzo, Monroe. Grantor: C. Gabriela Guizzo and Rossana D. Guizzo, Monroe. Property: 236 Guinea Road, Monroe. For an unknown amount paid. Filed July 21.

Phillips, Paula C. and R. Russell Phillips, Trumbull. Grantor: Paula C. Phillips, Trumbull. Property: 21 Rocky Ridge Drive, Trumbull. Amount: $1. Filed Aug. 5.

Stevens, Sonia, Wilton. Grantor: David Stevens, Wilton. Property: 559-563 Midland Ave., Bridgeport. Amount: $1. Filed Aug. 4.

Foudy, Patrice and Richard Foudy, Fairfield. Grantor: Patrice Foudy, Fairfield. Property: Lot 33, Map 233, Fairfield. Amount: $10. Filed Aug. 3.

Rakaj, Klinton, Ansonia. Grantor: Rakaj Realty LLC, Ansonia. Property: 1421-1423 Kossuth St., Bridgeport. For no consideration paid. Filed Aug. 5.

Stevens, Sonia, Wilton. Grantor: David Stevens, Wilton. Property: 2871-2873 Fairfield Ave., Bridgeport. Amount: $1. Filed Aug. 4.

Friedman, Catherine Louis and Robert Friedman, Norwalk. Grantor: Catherine Louis Cornick, Norwalk. Property: 26 Possum Circle, Norwalk. For no consideration paid. Filed Aug. 7.

Rakaj, Klinton, Ansonia. Grantor: Rakaj Realty LLC, Ansonia. Property: 1355-1357 Park Ave., Bridgeport. For no consideration paid. Filed Aug. 5.

Stevens, Sonia, Wilton. Grantor: David Stevens, Wilton. Property: 11 Jetland St., Bridgeport. Amount: $1. Filed Aug. 4.

RCRS Realty LLC, Monroe. Grantor: Richard J. Fiore and Christine Fiore, Monroe. Property: 15 Elaine Drive, Monroe. Amount: $1. Filed July 22.

Sucic, Lori Ann and Steve Sucic, Southport. Grantor: Steve Sucic, Southport. Property: 56 Sasco Hill Road, Fairfield. For no consideration paid. Filed Aug. 4.

Garavel, Patricia and Paul Garavel, Redding. Grantor: Twin Management Corp., Redding. Property: 3 Charlie Hill Road, Redding. For no consideration paid. Filed July 23. Gardella, Norma A., Norwalk. Grantor: Norma A. Gardella, Norwalk. Property: 19 Island Drive, Norwalk. For an unknown amount paid. Filed Aug. 3. Gillot-Lamousnery, Bernadette and Jean T. Lamousnery, Bridgeport. Grantor: Jean T. Lamousnery and Bernatette Gillott-Lamousnery, Bridgeport. Property: 393 Chamberlaine Ave., Bridgeport. For no consideration paid. Filed Aug. 4. GM Logan LLC, Norwalk. Grantor: Carlos Parra, Norwalk. Property: 136 E. Rocks Road, Norwalk. Amount: $1. Filed Aug. 6. Granello, Paul J. and Craigg G. Granello, Monroe. Grantor: Jerilyn Granello, Monroe. Property: 514 Elm St., Monroe. For no consideration paid. Filed July 27. Hobart, Michelle A. and Patrick Fanis Hobart III, Fairfield. Grantor: Michelle A. Hobart, Fairfield. Property: 515 Brookside Drive, Fairfield. Amount: $10. Filed Aug. 3.

Rems, David S., Forest Hills, N.Y. Grantor: James P. Kirrane, Forest Hills, N. Property: 112 Fayerweather Terrace, Bridgeport. For no consideration paid. Filed Aug. 3. Rowland Beach LLC, Fairfield. Grantor: Patrice Foudy and Richard Foudy, Fairfield. Property: Lot 33, Map 233, Fairfield. Amount: $10. Filed Aug. 3. Ruano, Mayra J. and Pablo Alberto Ruano-Rivera, Norwalk. Grantor: Pablo Alberto Ruano-Rivera, Norwalk. Property: 21 Hill St., Norwalk. Amount: $1. Filed Aug. 6. Sawney, Joan O., Norwalk. Grantor: Couria V. Walton, Norwalk. Property: 28 Kettle Road, Norwalk. Amount: $1. Filed Aug. 7. Scaretta, Stefanie, Trumbull. Grantor: Joseph Scaretta and Stefanie Scaretta, Trumbull. Property: 40 Aspen Lane, Trumbull. Amount: $10. Filed Aug. 6. Sedita, Stephen J. and Robert Sedita, Norwalk. Grantor: Veronica Sedita, Norwalk. Property: Bell Island, Parview Road, Norwalk. For no consideration paid. Filed Aug. 3.

Swanson, Elizabeth, Monroe. Grantor: Elizabeth R. Swanson, Monroe. Property: 1004 Monroe Turnpike, Monroe. Amount: $1. Filed July 23. Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 9 Friar Lane, Trumbull. For an unknown amount paid. Filed July 30. Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 290 Oakland Drive, Trumbull. For an unknown amount paid. Filed July 30. Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 11 Foxwood Road, Trumbull. For an unknown amount paid. Filed July 30. Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 254 Stonehouse Road, Trumbull. For an unknown amount paid. Filed July 30. Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 264 Meadow Road, Trumbull. For an unknown amount paid. Filed July 30.


FACTS Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 75 Huntington Road, Trumbull. For an unknown amount paid. Filed July 30.

Briganti, Rosaria V., Monroe. Seller: Donna T. Del Re, Oxford. Property: Unit 140 of High Meadow Condominium, Monroe. Amount: $185,000. Filed July 15.

Town of Trumbull, Trumbull. Grantor: Trumbull Land Trust Inc., Trumbull. Property: 167 Southgate Road, Trumbull. For an unknown amount paid. Filed July 30.

Briganti, Rosaria V., Monroe. Seller: Donna T. Del Re, Oxford. Property: 140 Highlands Drive, Monroe. Amount: $185,000. Filed Aug. 4.

Tudor, Dobrita and Florian Tudor, Fairfield. Grantor: Florian Tudor, Fairfield. Property: 703 Reef Road, Fairfield. Amount: $1. Filed Aug. 4. US Bank NA, Des Moines, Iowa. Grantor: the Secretary of Housing and Urban Development, Washington, D.C. Property: 101 Louisiana Ave., Bridgeport. For no consideration paid. Filed Aug. 4. Velez, Fany and Luis Cordero, Bridgeport. Grantor: Fany Velez, Bridgeport. Property: 250 Norland Ave., Bridgeport. For no consideration paid. Filed Aug. 4. Wood, Lindsey Eaton and Matthew McMaster, Darien. Grantor: Mark A. Maidique and Claudine A. Maidique, Norwalk. Property: 62 W. Norwalk Road, Norwalk. Amount: $1. Filed Aug. 4. Zeolla, Lillian and Louis J. Zeolla, Shelton. Grantor: Louis J. Zeolla and Lillian Zeolla, Shelton. Property: 90 Kneen St., Shelton. Amount: $1. Filed Aug. 3. Zeolla, Lillian and Louis J. Zeolla, Shelton. Grantor: Louis J. Zeolla and Lillian Zeolla, Shelton. Property: 552 Howe Ave., Shelton. Amount: $1. Filed Aug. 3.

RESIDENTIAL Adeusi, Sandra A., Bridgeport. Seller: Tramuta Enterprises LLC, Milford. Property: 80 Moffitt St., Bridgeport. Amount: $184,900. Filed Aug. 5. Andersen, Katrina and James Qi, Norwalk. Seller: Louis M. Seeley and Katherine A. Seeley, Canton, Ga. Property: 26 Dry Hill Road, Norwalk. Amount: $504,000. Filed July 31. Anderson, Evangeline and Clifton Anderson, Norwalk. Seller: Mantao Du and Fang Wang, Norwalk. Property: 6 Phillene Road, Norwalk. Amount: $463,000. Filed Aug. 4. Andreoli, Carol A. and Peter D. Andreoli, Norwalk. Seller: Mari Freeman, Norwalk. Property: 100 Seaview Ave., Unit 2J, Norwalk. Amount: $423,500. Filed Aug. 4. Andreoni, Carolina and Mazzo Wanderley, Fairfield. Seller: Michel Devos, Fairfield. Property: 36 Curtis Terrace, Fairfield. Amount: $517,000. Filed Aug. 3. Bree, Kristin Du and Robert Du Bree, Stamford. Seller: Yvonne Da Silva, Norwalk. Property: 284 Highlands Ave., Norwalk. Amount: $392,500. Filed Aug. 7.

Bruen-Boniello, Michele L., Bethel. Seller: RMS Bethel LLC, Stamford. Property: Unit 412 of Copper Square Condominium, Bethel. Amount: $369,327. Filed July 31. Bryan, Kenneth W. and Erinn E. Bryan, Shelton. Seller: Eileen F. Serra, Bonita Springs, Fla. Property: 174 Huntington Drive, Shelton. Amount: $440,000. Filed Aug. 7. Brzoska, Kathryn S. and Gregory Brzoska, Darien. Seller: James J. Cinque and Elisabeth M. Cinque, Norwalk. Property: 20 Devon Ave., Norwalk. Amount: $495,000. Filed Aug. 3. Cacho, Julie A., Norwalk. Seller: Anne M. Fitzgerald-Swan, Norwalk. Property: Lot 4775, Map 1506, Norwalk. Amount: $465,000. Filed Aug. 5. Caggiano, Ashley and Keith Caggiano, New York, N.Y. Seller: Charles A. Talisse and Danielle D. Talisse, Norwalk. Property: 12 Sherwood St., Norwalk. Amount: $576,400. Filed July 31. Cammarano, Richard, Monroe. Seller: Rodger M. Burnich and Norma I. Burnich, Monroe. Property: 100 Secret Hollow Road, Monroe. Amount: $441,250. Filed July 20. Capitani, Lisa P., Waterbury. Seller: Edward J. Bradtmuller Jr. and Sandra Bradtmuller, Newtown. Property: 5 Stuart Drive, Newtown. Amount: $310,000. Filed Aug. 3. Cardensa, Daniel, Bridgeport. Seller: Gerard Gabriel, Bridgeport. Property: 27 Benson St., Bridgeport. Amount: $192,000. Filed Aug. 6. Carriero, Cynthia J. and James R. Carriero, Shelton. Seller: Thomas M. Helland and Susan M. Helland, Trumbull. Property: 4328 Madison Ave., Trumbull. Amount: $380,000. Filed Aug. 3. Casalveri, Kevin, Cromwell. Seller: Carol Casalveri, Hamden. Property: Lot 16, Map 312, Shelton. Amount: $225,000. Filed Aug. 7. Chandanathil, Erin and Denny Thattil, Monroe. Seller: Lucas M. Cussen and Allyson R. Cussen, Monroe. Property: 81 Redcoat Lane, Monroe. Amount: $408,000. Filed July 30.

Defilippo, Michael D., Bridgeport. Seller: Michael Mastronunzio, Bridgeport. Property: 194 Suburban Ave., Bridgeport. Amount: $155,000. Filed Aug. 3.

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DeJesus, Yakir and Rodolfo DeJesus Jr., Bridgeport. Seller: Peter Kostopoulos and Melanie Kostopoulos, Trumbull. Property: 60 Twitchgrass Road, Trumbull. Amount: $315,000. Filed Aug. 5. Deren, Dorota, Stamford. Seller: Marcia Wemple, Ludlow, Vt. Property: Unit 107 of Sunnyridge Condominium, Fairfield. Amount: $202,000. Filed Aug. 5. DeVries, Hilary and Christopher DeVries, Danbury. Seller: Kristopher L. Merrill and Dana T. Merrill, Danbury. Property: 32 Tucker St., Unit 1103, Bethel. Amount: $335,000. Filed July 28. Dias, Geraldo C., Bridgeport. Seller: U.S. Bank NA, West Palm Beach, Fla. Property: 114 E. Eaton St., Bridgeport. Amount: $80,000. Filed Aug. 6. Doling, Jessica, Newtown. Seller: David M. Holzbach and Sheila Loughreed, Sebastian, Fla. Property: 25 Oxford St., Bethel. Amount: $165,300. Filed July 30. Dominici, Sharon M., Bridgeport. Seller: Eleanor A. Moser, Bridgeport. Property: 321 Grovers Ave., Bridgeport. Amount: $232,500. Filed Aug. 3. Doran, Katie and Lawrence H. Doran, Shelton. Seller: Edward S. Rudek III and Yvonne Rudek, Avon. Property: 32 Belmont Ave., Shelton. Amount: $295,000. Filed Aug. 7. Dossous, Dieudele, Norwalk. Seller: Frank A. Pagerino and Francis Steller, Shelton. Property: 2612 North Ave., Unit E-18, Bridgeport. Amount: $129,900. Filed Aug. 3. Doszpoj, Giselle S., Bridgeport. Seller: Constance H. Laskay, Trumbull. Property: 272 Dayton Road, Trumbull. Amount: $315,000. Filed Aug. 5. Duarte, Anna and Victor Duarte, Norwalk. Seller: Anna Duarte, Norwalk. Property: 9 Senga Road, Norwalk. For no consideration paid. Filed Aug. 3. Duchene, Lauren Defeo and Daniel C. Duchene, New York, N.Y. Seller: Dawn B. Sibley, Norwalk. Property: 23 Craw Ave., Norwalk. Amount: $836,000. Filed July 31. Dudeck, Gena D. and James M. Dudeck, Newtown. Seller: Steven E. Fogal and Birgit Fogal, Newtown. Property: 2 Partridge Lane, Newtown. Amount: $327,000. Filed Aug. 6. Elias, Shari L. and Andrew E. Elias, Trumbull. Seller: John P. Keogh and Colette T. Keogh, Trumbull. Property: 176 Governor Trumbull Way, Trumbull. Amount: $365,000. Filed Aug. 3. Ely, Jill V., William C. Ely Jr. and William C. Ely, Wilton. Seller: Thomas J. Pendleton and Suzanne B. Pendleton, Redding. Property: 25 Apple Lane, Redding. Amount: $246,475. Filed July 23.

FIGURES Eryilmaz, Ertan, Waltham, Mass. Seller: Paul R. King and Alexandra M. King, Cypress, Texas. Property: 1 Brookview Court, Bethel. Amount: $289,000. Filed Aug. 4.

Goeller, Michael, Easton. Seller: Wells Fargo Financial America. Property: 15 Magellan Lane, Trumbull. Amount: $290,000. Filed Aug. 3.

Muller, Laura, Bethel. Seller: Ryan Berlage and Theresa L. Berlage, Bethel. Property: 6 Honey Hollow Drive, Bethel. Amount: $360,000. Filed Aug. 4.

Estrella, Juan, Bridgeport. Seller: Justin R. Klein, Bridgeport. Property: 376 Griffin Ave., Bridgeport. Amount: $195,000. Filed Aug. 3.

Gonzalez, Delia and Oscar M. Gonzalez, Bridgeport. Seller: Juan A. Rivera and Migdalia Rivera, Monroe. Property: 436 Hattertown Road, Monroe. Amount: $265,000. Filed July 29.

Munson, Katherine, New Canaan. Seller: Beverly P. Hennessey, Norwalk. Property: 25 George Ave., Norwalk. Amount: $380,000. Filed Aug. 6.

Fequiere, Berenice, Bridgeport. Seller: Arben Rexhepi, Bridgeport. Property: 868 Clark St., Bridgeport. Amount: $225,000. Filed Aug. 3.

Granata, Antonio E., Monroe. Seller: Dorothy C. Rainey, Monroe. Property: 26 Horizon Court, Monroe. Amount: $496,000. Filed Aug. 3.

Muriel, Shyla and Ronald Muriel, Shelton. Seller: Bridget M. Kelly and Diane E. Carlson, Shelton. Property: Lot 9, Map of Wellington Estates, Shelton. Amount: $600,000. Filed Aug. 3.

Fiore, Joseph, Monroe. Seller: Paul L. Robinson and Dona V. Robinson, Monroe. Property: 25 Meadowlark Circle, Monroe. Amount: $275,000. Filed July 23.

Grant, Cynthia, Redding. Seller: Kevin M. Hudson and Rosa Marie Perales Barrero, Redding. Property: 65 Picketts Ridge Road, Redding. Amount: $276,000. Filed July 16.

Nassetta, James A., Easton. Seller: Anthony P. Ferrigno and Virginia A. Ferrigno, Monroe. Property: 142 Pepper St., Monroe. Amount: $255,000. Filed July 31.

Flanagan, Amanda, Fairfield. Seller: Thomas W. Jandovitz and Jocelyn W. Jandovitz, Fairfield. Property: 111 Aran Hill Road, Fairfield. Amount: $1.2 million. Filed Aug. 4.

Gravante, Leonard James and Anthony James Gravante, Norwalk. Seller: Edward J. O’Hara and Elissa D. O’Hara, Norwalk. Property: Lot 1, Map 7208, Norwalk. Amount: $2.8 million. Filed Aug. 4.

Nelson, Fallon K. and Michael F. Nelson, Newtown. Seller: Christopher J. Marion and Danielle M. Marion, Newtown. Property: 8 Brookwood Drive, Newtown. Amount: $435,000. Filed Aug. 4.

Greenberg, Nancy G. and Ronald G. Greenberg, Ansonia. Seller: Carolyn L. Barnes, Monroe. Property: 16 Willowbook Circle, Monroe. Amount: $250,000. Filed July 28.

Neptune, Debra A., Bethel. Seller: Debra A. Neptune, Bethel. Property: 1 Van Campen Lane, Bethel. Amount: $1. Filed Aug. 6.

Franco, Julie P. and David B. Rosenberg, Trumbull. Seller: Susan A. Colon, Fairfield. Property: 3 Crescent Lane, Trumbull. Amount: $780,000. Filed Aug. 6. Francois, Pierre R., Bridgeport. Seller: Federal National Mortgage Association, Dallas, Texas. Property: 84-86 Garden Drive, Bridgeport. Amount: $195,000. Filed Aug. 3. Fraser, Barbara C. and Paul F. Fraser, Bethel. Seller: Laurie Berger, Bethel. Property: 3 Birnam Wood Road, Bethel. For an unknown amount paid. Filed July 30. Freitas, Samuel, Bridgeport. Seller: The Bank of New York Mellon, trustee, West Palm Beach, Fla. Property: 89 Marconi Ave., Bridgeport. Amount: $87,000. Filed Aug. 3. Gabriel, Luis A., Norwalk. Seller: Federal National Mortgage Association, Dallas, Texas. Property: 65 Marlin Drive, Norwalk. Amount: $150,000. Filed Aug. 3. Galicia, Angel A., Bridgeport. Seller: Pollye Stovall, Bridgeport. Property: 61 Indian Ave., Bridgeport. Amount: $128,500. Filed Aug. 3. Gandbhir, Sandeep S. and Disha S. Gandbhir, Danbury. Seller: Lisa Daly, Bethel. Property: 22 Apple Tree Road, Bethel. Amount: $435,000. Filed Aug. 5. Garcia, Claudia V., Bethel. Seller: Enivania De Oliveira, Bethel. Property: 77 Payne Road, Bethel. Amount: $284,000. Filed Aug. 6. Garnier, Jane H., Monroe. Seller: Bennelli LLC, Hudson, N.Y. Property: 220 Guinea Road, Monroe. Amount: $85,000. Filed July 24. Garrigue, Heidi De La and Rene De La Garrigue, Fairfield. Seller: Robert H. Rosen, Fairfield. Property: 261 Hemlock Hills South, Fairfield. Amount: $985,000. Filed Aug. 3.

Greenfield, Bonnie L. and Joseph M. Greenfield, Danbury. Seller: Kathleen Gaisser and Eugene Gaisser, Bethel. Property: 2 Idlewood, Unit 151, Bethel. Amount: $229,000. Filed July 28. Greenwood, Catherine and Raymond Greenwood, Newtown. Seller: Kenneth J. Bergstrom and Deborah A. Bergstrom, Bethel. Property: 2 Penny Lane, Unit 4801, Bethel. Amount: $422,500. Filed July 27. Gutierrez, Angela J., Shelton. Seller: John Kantzas and Sandra Kantzas, Shelton. Property: 31 Middle Ave., Shelton. Amount: $253,000. Filed Aug. 4. Harriat, Raziya, Stamford. Seller: Theresa Zagarino, Norwalk. Property: 71 Aiken St., Unit 15, Norwalk. Amount: $362,500. Filed Aug. 7. Hartzell, Micheal Eugene, New York, N.Y. Seller: William R. Sweeney, Norwalk. Property: Chestnut Hill, Norwalk. Amount: $430,000. Filed Aug. 3.

Nichio, Linda, Bridgeport. Seller: Asaka Niwa, Bridgeport. Property: 914 Clark St., Bridgeport. Amount: $274,000. Filed Aug. 3. Norling, Robert J., South Berwick, Maine. Seller: James E. Desanty, Monroe. Property: 62 Pachaug Trail, Monroe. Amount: $255,000. Filed July 20. Numaworse, Fairfield. Seller: Jason Burrowes, Stratford. Property: 1855 Chopsey Hill Road, Bridgeport. Amount: $158,000. Filed Aug. 3. Nyamala, Fatima and Michael J. Hollinger, Norwalk. Seller: David L. Bragdon and Claire A. Bragdon, Norwalk. Property: Lot C, Map 732, Norwalk. Amount: $310,000. Filed Aug. 3. Oliveira, Denise, Bridgeport. Seller: Citimortgage Inc., O’Fallon, Mo. Property: 25 Platt Place, Bridgeport. Amount: $72,000. Filed Aug. 3. Page, Danielle, Monroe. Seller: John P. Sredzinski, Monroe. Property: 210D Windgate Circle, Monroe. Amount: $159,900. Filed Aug. 6.

Heard, Melissa and Reginald Heard, Newtown. Seller: James Indelicato, Newtown. Property: 15 Monitor Hill Road, Newtown. Amount: $518,000. Filed July 29.

Paniagua, Gregory A., Bronxville, N.Y. Seller: Shari T. Chetcuti, Norwalk. Property: 15 Perry Ave., Unit B4, Norwalk. Amount: $245,000. Filed Aug. 3.

Henderson, David W., Cary, N.C. Seller: Niconedi P. Nacheber Jr. and Patricia A. Nacheber, Bethel. Property: 5 Honey Hollow Drive, Bethel. Amount: $354,000. Filed Aug. 5.

Parise, Jeannine and Matthew Parise, Fairfield. Seller: Bruce M. Coletti and Stacey Coletti, Fairfield. Property: 2312 Redding Road, Fairfield. Amount: $2 million. Filed Aug. 3.

Morrison, Sarni E. and Stuart J. Morrison, Trumbull. Seller: Stuart J. Morrison and Sarni Morrison, Trumbull. Property: 70 Teeter Rock Road, Trumbull. For no consideration paid. Filed Aug. 3.

Parra, Carlos, Norwalk. Seller: Hudson City Savings Bank, Paramus, N.J. Property: 136 E. Rocks Road, Norwalk. Amount: $370,000. Filed Aug. 6.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 23


FACTS Staniszewska-Zorn, Marta and Christopher B. Zorn, Norwalk. Seller: Friedrich M. Helisch and Lani LiuHelisch, Norwalk. Property: 19B Ryan Ave., Norwalk. Amount: $343,250. Filed July 30. Steiner, Tonya and Andrew Steiner, Norwalk. Seller: Kendra L. Stearns and William A. Murphy Jr., Norwalk. Property: 5 Live Oak Road, Norwalk. Amount: $583,000. Filed July 30. Switser, Michael James, Newtown. Seller: Elizabeth Uniacke, Newtown. Property: 120 Hanover Road, Newtown. Amount: $294,500. Filed July 30. Tallman, Marjorie, Bridgeport. Seller: Dawn M. Pilott, Bridgeport. Property: 78 Haddon St., Unit 6, Bridgeport. Amount: $110,000. Filed Aug. 6. Teittiner-Schreck, Daphne and Daniel J. Schreck, Stamford. Seller: Igor Heitlinger and Wendy Heitlinger, Trumbull. Property: 63 October Lane, Trumbull. Amount: $465,000. Filed Aug. 5. Thirumalareddy, Fatima J. and Vijay A. Mareddy, Fairfield. Seller: Eugene S. Andrews and Nancy L. Andrews, West Palm Beach, Fla. Property: 21 Palmer Bridge, Unit 65, Fairfield. Amount: $712,500. Filed Aug. 3. Torregrossa, Stephen A., Rye, N.Y. Seller: Roland Pelletier, Shelton. Property: 175 Booth Hill Road, Shelton. Amount: $355,000. Filed Aug. 3. Torres, Jamilette and Juan G. Ocasio, Norwalk. Seller: Minh Pham, Norwalk. Property: 3 Mathias Court, Norwalk. Amount: $310,000. Filed Aug. 6. Treacy, Denise S. and Peter E. Treacy, Larchmont, N.Y. Seller: John V. Petito and JoAnn Gatti-Petito, Trumbull. Property: 8 Winhall Lane, Trumbull. Amount: $545,000. Filed Aug. 7. Trez, Kimberly L., Shelton. Seller: Patricia Gay Jones, Shelton. Property: 218 Deer Run, Shelton. Amount: $330,000. Filed July 31. Tucker, Marion H. and John L. Tucker, Westport. Seller: John L. Tucker, Westport. Property: Lot B-1, Map 5049, Fairfield. For no consideration paid. Filed Aug. 4. Tucker, Marion H. and John L. Tucker, Westport. Seller: Marion H. Tucker, Westport. Property: 250 Sturges Highway, Fairfield. For no consideration paid. Filed Aug. 4. Vasile, Laura L., Bethel. Seller: Federal National Mortgage Association, Dallas, Texas. Property: 17 Adams Drive, Bethel. Amount: $175,000. Filed July 29. Vastola, Patricia Mastrone and Gary Stephen Vastola, Manchester. Seller: Justin Falco and Raffaele Mario Bernardo, Shelton. Property: 33 Patriot Lane, Shelton. Amount: $475,000. Filed Aug. 6.

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FIGURES

Velez, Rebecca and Luis R. Velez, Bridgeport. Seller: Arthur Birthwright and Daisy Birthwright, Monroe. Property: 21 Gray St., Monroe. Amount: $390,000. Filed July 17.

Dombek, Anthony, et al. Creditor: Nationstar Mortgage L.L.C., Lewisville, Texas. Property: 195 Broadbridge Drive, Trumbull. Mortgage default. Filed July 17.

Ripperger, Cynthia M. and Henry R. Ripperger III, et al. Creditor: First County Bank, Stamford. Property: 15 Apple Lane, Redding. Mortgage default. Filed Aug. 3.

Browne, Suzanne, Redding. $8,765 in favor of JH Portfolio Equities LLC, Hazelwood, Mo., by Tobin Melien & Marohn, New Haven. Property: 50 Limekiln Road, Redding. Filed July 27.

Villafana, Federico, Kearny, N.J. Seller: Dinshaw Master and Hasina Master, Norwalk. Property: 25 Oak Hill Ave., Norwalk. Amount: $405,000. Filed July 30.

Dorinda, Joan Colavito, et al. Creditor: Onewest Bank FSB, Pasadena, Calif. Property: 78 Sunnycrest Road, Trumbull. Mortgage default. Filed Aug. 5.

Rodinald, Raymond, et al. Creditor: Deutsche Bank National Trust Co., West Palm Beach, Fla. Property: 166 Texas Ave., Bridgeport. Mortgage default. Filed Aug. 3.

Cohen, Stefanie A., Monroe. $32,533 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 483 Moose Hill Road, Monroe. Filed July 20.

Vinchiarello, Christopher R., Norwalk. Seller: Vito Scaturro and Leonarda Scatturro, Norwalk. Property: Lot 6, Map 535, Norwalk. Amount: $368,000. Filed July 30.

Ferrigno, Joseph A., et al. Creditor: HSBC Bank USA NA, Salt Lake City, Utah. Property: 319 Huntington St., Shelton. Mortgage default. Filed Aug. 3.

Salvati, Fred J., et al. Creditor: Bank of America NA, Durham, N.C. Property: 22 Horseshoe Drive, Trumbull. Mortgage default. Filed July 27.

Colon, Felipe, Bridgeport. $2,754 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 220 Norland Ave., Bridgeport. Filed Aug. 4.

Glendening, Donald, et al. Creditor: U.S. Bank NA, Miamisburg, Ohio. Property: 23 Plaskon Road, Shelton. Mortgage default. Filed July 30.

Simon, John P., et al. Creditor: Connecticut Housing Finance Authority, Silver Spring, Md. Property: 3380 Madison Ave., Unit 16A, Bridgeport. Delinquent common charges. Filed Aug. 4.

Vonderheyde, Anders G., Bridgeport. Seller: Robert King and Molly E. Case, Fairfield. Property: 141 Seaside Ave., Bridgeport. Amount: $290,000. Filed Aug. 3. Vora, Mahmedletif and Aziz Seyal, Southport. Seller: Federal Home Loan Mortgage Corp., Carrollton, Texas. Property: 972 Capitol Ave., Bridgeport. Amount: $147,005. Filed Aug. 3. Voynick, Ellen and George J. Voynick Jr., Trumbull. Seller: Margaret Jane Denicola, Shelton. Property: 368 Aspetruck Trail, Shelton. Amount: $320,000. Filed July 31.

FORECLOSURES Albert, Aaron M., et al. Creditor: Webster Bank NA, Waterbury. Property: 17 Coram Road, Unit 1F, Shelton. Delinquent common charges. Filed July 23. Angle, Christopher Todd, et al. Creditor: Deutsche Bank National Trust Co., West Palm Beach, Fla. Property: 19 Topledge Road, Redding. Mortgage default. Filed July 23. Atwell Jr., Lloyd J., et al. Creditor: The Bank of New York Mellon, New York, N.Y. Property: 7 Woodland Drive Extension, Redding. Mortgage default. Filed July 27. Bartek, Sharon K., et al. Creditor: HSBC Bank USA NA, Westerville, Ohio. Property: 15 Barton Road, Monroe. Mortgage default. Filed Aug. 6. Bruch, Thomas J., et al. Creditor: HSBC Bank USA NA, Columbus, Ohio. Property: 22 Craw Ave., Norwalk. Mortgage default. Filed July 28. Burr, Nancy I., et al. Creditor: M&T Bank, Buffalo, N.Y. Property: 1 Barlett Manor, Norwalk. Mortgage default. Filed July 27. Carvajal, Manuel Guillermo, et al. Creditor: Bayview Loan Servicing L.L.C., Coral Gables, Fla. Property: 50-52 Perry Ave., Shelton. Mortgage default. Filed Aug. 3.

Goduto, Raymond, et al. Creditor: Mortgage Electronic Registration Systems Inc., Fort Mill, S.C. Property: 34 Federal Road, Shelton. Mortgage default. Filed July 15. Harper, Cynthia J. and Howard E. Harper, et al. Creditor: Peoples United Bank NA, Bridgeport. Property: 59 Deer Hill Road, Redding. Mortgage default. Filed July 23. James, Gina and Michael James, et al. Creditor: The Bank of New York Mellon, New York, N.Y. Property: 52 Hurd St., Shelton. Mortgage default. Filed Aug. 5. Kaminski, Joseph, et al. Creditor: JPMorgan Chase Bank NA, Columbus, Ohio. Property: 1444 Sylvan Ave., Trumbull. Mortgage default. Filed Aug. 6. Kathleen, Jaeckel, et al. Creditor: National City Mortgage Co., Miamisburg, Ohio. Property: 64 Cove Ave., Norwalk. Mortgage default. Filed Aug. 7. Ondy, Gail D., et al. Creditor: U.S. Bank NA, Miamisburg, Ohio. Property: 12 Lance Circle, Unit 12, Trumbull. Delinquent common charges. Filed July 14. Pennell, Gale, et al. Creditor: The Bank of New York Mellon, New York, N.Y. Property: 5 Clifford St., Norwalk. Mortgage default. Filed Aug. 6. Perkins, Mary. Creditor: Eastern Savings Bank FSB, Hunt Valley, Md. Property: Lots 31 and 32, Map 288, Norwalk. Mortgage default. Filed Aug. 6. Phillips, Keith A., et al. Creditor: U.S. Bank NA, Miamisburg, Ohio. Property: 27 Dogwood Lane, Monroe. Mortgage default. Filed Aug. 4. Plonski, Renata, et al. Creditor: U.S. Bank NA, Miamisburg, Ohio. Property: 43 Orchard Drive, Redding. Mortgage default. Filed Aug. 3. R. Merced Realty LLC, et al. Creditor: Sutherland Asset I LLC. Property: 1327-1329 E. Main St., Bridgeport. Delinquent common charges. Filed Aug. 6.

24 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

Sturtevant, David J., et al. Creditor: NYCB Mortgage Company LLC, Cleveland, Ohio. Property: 97 Richards Ave., Norwalk. Mortgage default. Filed Aug. 3.

Cox, John, Trumbull. $9,505 in favor of Milford Hospital, Milford, by Hertzmark Crean & Lahey LLP, Waterbury. Property: 222 Teller Road, Trumbull. Filed Aug. 3. Dasilva, Michelle, Bethel. $539 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 1 Ballfield Road, Bethel. Filed July 29.

Vasquez, Birnani, et al. Creditor: Pension Services LLC. Property: 28 Overlook Ave., Bridgeport. Mortgage default. Filed Aug. 4.

Novak, Joel, Redding. $1,123 in favor of Arnold J. Mars DMD PC, New York, N.Y., by Janine M. Becker, Bridgeport. Property: 28 Wayside Lane, Redding. Filed July 13.

Vignone, Edward J., et al. Creditor: Onewest Bank FSB, Pasadena, Calif. Property: Lot 302, Map 6835, Newtown. Mortgage default. Filed Aug. 3.

Ochoa, Victor, Bethel. $2,708 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 48 Rockwell Road, Bethel. Filed July 29.

Vizi, Deborah A., et al. Creditor: Bank of America NA, Beaverton, Ore. Property: 5 Autumn Drive, Bethel. Mortgage default. Filed Aug. 5.

Pascuzzo, Frank J., Shelton. $9,271 in favor of American Express Bank FSB, Salt Lake City, Utah, by Zwicker & Associates PC, Enfield. Property: 93 Long Hill Ave., Shelton. Filed July 16.

Whittingham, Christopher G., et al. Creditor: Wilmington Trust NA Property: 227-231 Grove St., Bridgeport. Delinquent common charges. Filed Aug. 5.

JUDGMENTS Abdel-Hack, Samia, Shelton. $3,642 in favor of TD Bank NA, Portland, Maine, by the Law Offices of Howard Lee Schiff PC, East Hartford. Property: 17 Perch Road, Shelton. Filed July 16. Amico, Joan, Bethel. $878 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 17 Maple Road, Bethel. Filed July 29. Bennet, Curtis, Bridgeport. $4,675 in favor of Gianiero & Associates LLC, Stratford, by London & London, Newington. Property: 919 Platt St., Bridgeport. Filed Aug. 4. Binder, Evelyn S., Bridgeport. $3,713 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 868-870 William St., Bridgeport. Filed Aug. 4.

Premier Pools LLC, Trumbull. $23,249 in favor of Nucci Bros Pool Supplies Inc., Bridgeport, by Green and Gross PC, Bridgeport. Property: Lot 1, Map 1643, Trumbull. Filed July 24. Pryce, Jacqueline, Bridgeport. $815 in favor of Richard A. Levin M.D., Darien, by Abraham M. Hoffmann, Trumbull. Property: 787 William St., Bridgeport. Filed Aug. 4. Reid, Andrea J., Bridgeport. $2,766 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 46 Lewis Place, Bridgeport. Filed Aug. 4. Reilly Restoration & Painting LLC, et al., Trumbull. $14,526 in favor of People’s United Bank NA, Bridgeport, by Benanti & Associates, Stamford. Property: 158 Shelton Road, Trumbull. Filed Aug. 7. Rockwell, Robert E., Shelton. $7,321 in favor of Yellow Book Sales & Distribution Company Inc., King of Prussia, Pa., by Sugarmann & Sugarmann, New Haven. Property: 66 Gray St., Shelton. Filed July 13. Rotzal, Janice B., Bridgeport. $4,273 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 211 Greenfield Drive, Bridgeport. Filed Aug. 4.

Scanlon, Sharon A., Shelton. $731,310 in favor of the city of Shelton, by Ramos S. Sous. Property: 23 Crescent Drive, Shelton. Filed July 15. Serrano, Andrea, Bridgeport. $3,612 in favor of Capital One Bank (USA) NA, Richmond, Va., by London & London, Newington. Property: 70 Bennett St., Bridgeport. Filed Aug. 4. Stifano, Gustavo, Bethel. $2,210 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 13 Katrina Circle, Bethel. Filed July 29. Summa, Douglas G., Bethel. $652 in favor of Danbury Hospital, Danbury, by Flanagan & Peat, Danbury. Property: 21 Sky Edge Drive, Bethel. Filed July 29. Tracey, Jarvis, Bridgeport. $3,257 in favor of Midland Funding L.L.C., San Diego, Calif., by the Law Offices of Howard Lee Schiff PC, East Hartford. Property: 1160 Sylvan Ave., Bridgeport. Filed Aug. 4. Wojtowicz, Debra, Bethel. $444 in favor of the Danbury Office of Physician Services PC, Danbury, by Flanagan & Peat, Danbury. Property: 20 Briar Cliff Manor, Bethel. Filed July 29. Woods, Christine and James Woods, Shelton. $15,000 in favor of the town of Lebanon, by Waller, Smith & Palmer PC, New London. Property: 23 Cooper Penny Lane, Shelton. Filed July 20.

LEASES Figueroa, Soraya, by self. Landlord: Success Village Apartments Inc., Bridgeport. Property: 164 Court D., Building 64, Bridgeport. Term: 39 years, commenced Aug. 4, 2015. Filed Aug. 5.

LIENS

FEDERAL TAX LIENSFILED Atilho, David, 9 Jog Hill Road, Trumbull. $36,189, a tax debt on income earned. Filed Aug. 3. Atilho, Kathryn R. and David Atilho, 9 Jog Hill Road, Trumbull. $28,429, a tax debt on income earned. Filed Aug. 3. B & G Marina Inc., PO Box 159, Norwalk. $7,262, payroll taxes and quarterly payroll taxes. Filed Aug. 4. Billett, Jeanne K. and James F. Billett, 207 Poverty Hollow Road, Fairfield. $183,156, a tax debt on income earned. Filed Aug 3. Bugeja, Eric, 44 Oakridge Road, Trumbull. $7,230, a tax debt on income earned. Filed July 13.


FACTS

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Dendas, Cathleen, 9 Harlon Drive, Newtown. $41,918, a tax debt on income earned. Filed Aug. 3.

Porteous, Paul N., 494 Bridgeport Ave., Suite 101, Shelton. $18,803, a tax debt on income earned. Filed July 28.

Smith, Thomas M., 668 Wheeler Road, Monroe. $63,520, quarterly payroll taxes. Filed Aug. 3.

Edelman, Jon, 3702 Mactibby St., Norwalk. $43 million, a tax debt on income earned. Filed July 31.

Ripellino Jr., Heather P. and George R. Ribellino Jr., 327 Ely Ave., Norwalk. $29,491, a tax debt on income earned. Filed July 31.

Walker, Marcy L. and Douglas Smith, 14 Castle Hill Road, Newtown. $172,326, a tax debt on income earned. Filed Aug. 4.

Scinto Tree Company LLC, 38 Old Coram Road, Shelton. $1,668, quarterly payroll taxes. Filed July 28.

Walker, Marcy L., 14 Castle Hill Road, Newtown. $90,727, a tax debt on income earned. Filed Aug. 4.

Stevens, Mary E., 232 E. Village Road, Monroe. $4,019, a tax debt on income earned. Filed July 13.

Wedland, Michael A., 36 Beecher Ave., Shelton. $43,754, a tax debt on income earned. Filed July 13.

Swift, Steven J., 3000 Island Blvd., Apt. 2001, Norwalk. $107,900, a tax debt on income earned. Filed Aug. 4.

MECHANIC’S LIENSFILED

Edelman, Jon, 3704 Mactibby St., Norwalk. $40.3 million, a tax debt on income earned. Filed July 31. Edelman, Jon, 3704 Mactibby St., Norwalk. $12.1 million, a tax debt on income earned. Filed July 31. Gloria, Vera L. and Julio M. Gloria, 42 Ridgeley Ave., Fairfield. $104,168, a tax debt on income earned. Filed Aug 3. Gzyms, Louise and Michael A. Gzyms, 25 Brookwood Lane, Shelton. $39,657, a tax debt on income earned. Filed Aug. 4. Imbrogno, Anna Marie and Robert Imbrogno, 168 Tuckahoe Lane, Fairfield. $64,844, a tax debt on income earned. Filed Aug 3. Jeremiah’s Grille & Café LLC, 220 Leavenworth Road, Shelton. $10,885, return of partnership income tax and quarterly payroll taxes. Filed July 13. Laprise, Alice C. and Michael Laprise, 29 Twin Brook Drive, Shelton. $41,863, a tax debt on income earned. Filed Aug. 5. Lashley, Traci L. and Charles F. Lashley, 27 Glendenning St., Norwalk. $38,121, a tax debt on income earned. Filed July 31. Latouf, Richard J., 77 S. Main St., Suite 5, Newtown. $28,128, a tax debt on income earned. Filed Aug. 3. Lavender, Randall, 119 Blueberry Lane, Shelton. $7,256, a tax debt on income earned. Filed July 28. Lukes Auto Body Inc., 104 W. Cedar St., Norwalk. $2,957, payroll taxes and quarterly payroll taxes. Filed July 31. Morgan, David, 28 Hunters Lane, Norwalk. $16,234, a tax debt on income earned. Filed July 31. Morrie Marinos Waterworks Inc., P.O. Box 3327, Norwalk. $13,497, payroll taxes and quarterly payroll taxes. Filed Aug. 4. Nelson, Susan O. and John R. Nelson, 597 Westport Ave., Unit C356, Norwalk. $3,438, a tax debt on income earned. Filed Aug. 4. Parsell, Jennifer L. and Michael Parsell, 126 Sentry Hill Road, Monroe. $47,255, a tax debt on income earned. Filed July 13.

Ulrick, Joseph, 235 Grumman Ave., Norwalk. $5,015, a tax debt on income earned. Filed July 31. Weiner, Raymond N., 119 Blueberry Lane, Shelton. $178,326, civil proceeding tax. Filed July 13. Williams, Amy and Mario Williams, 80 Roberts St., Shelton. $33,098, a tax debt on income earned. Filed July 13. Woodward, Tyler, 36 Cribbins Ave., Shelton. $34,756, a tax debt on income earned. Filed Aug. 4.

FEDERAL TAX LIENSRELEASED Ciemer General Contractor LLC, et al., 224 Fairfield Ave., Fairfield. $4,918, quarterly payroll taxes. Filed Aug. 3. Concepcion, Basilio, 34 New St., Shelton. $12,035, a tax debt on income earned. Filed July 20. Joseph Martinka & Sons Inc., 290 Leavenworth Road, Shelton. $11,690, quarterly payroll taxes. Filed July 28. Kapetaneas, Gregory, 50 Buck Hill Road, Monroe. $7,862, a tax debt on income earned. Filed July 21. Lora, Jose B., 330 Reeds Lane, Bridgeport. $8,833, a tax debt on income earned. Filed Aug. 4. Monroe Town & Country Veterinary, 607 Main St., Monroe. $9,753, quarterly payroll taxes. Filed July 21. Rodenbloom, Ben K., 1034 Fairfield Beach Road, Fairfield. $135,804, a tax debt on income earned. Filed Aug. 3. Sassafras, 13 Huntington Plaza, Shelton. $1,867, quarterly payroll taxes. Filed July 20.

Sakalauskas, Sarunas, Trumbull. Released by Catchin Rays LLC, Trumbull, by Christopher Stapleton. Property: 32 Clinton St., Trumbull. Amount: $42,920. Filed July 28.

MECHANIC’S LIENSRELEASED Sacred Heart University Inc., Fairfield. Released by Commercial Flooring Concepts Inc., Fairfield, by Harry Attianese. Property: 5401 Park Ave., Fairfield. Amount: $115,716. Filed Aug. 6.

LIS PENDENS

FIGURES Carter, Frank, et al., Monroe. Filed by Meyers, Piscitelli & Link LLP, Avon, for People’s United Bank NA, Bridgeport. Property: 134 Guinea Road, Monroe. Action: to foreclose on a delinquent mortgage in the original principal amount. Filed July 15. Clarke, Cynthia A. and Michael F. Clarke, et al., Bethel. Filed by Jackie Chan, Danbury, for Savings Bank of Danbury, Danbury. Property: 10 Codfish Road Ext., Bethel. Action: to foreclose on a delinquent mortgage in the original principal amount of $395,000, dated May 2006. Filed July 28. Curtis, Jason A., et al., Shelton. Filed by Bendett and McHugh PC, Farmington, for Christiana Trust. Property: 70 Sunnyside Drive, Shelton. Action: to foreclose on a delinquent mortgage in the original principal amount of $284,900, dated October 2009. Filed July 23. Danielsen, Deborah M., et al., Fairfield. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 44 Crane St., Fairfield. Action: to foreclose on a delinquent mortgage in the original principal amount of $284,200, dated October 2003. Filed Aug. 3. Darren J., Novak, et al., Shelton. Filed by Bendett and McHugh PC, Farmington, for JPMorgan Chase Bank NA, Columbus, Ohio. Property: 9 Round Hill Road, Shelton. Action: to foreclose on a delinquent mortgage in the original principal amount of $163,096, dated June 2013. Filed July 17.

Bonilla, Mariacristina, et al., Trumbull. Filed by Bendett and McHugh PC, Farmington, for JPMorgan Chase Bank NA, Columbus, Ohio. Property: 33 Winslow Road, Trumbull. Action: to foreclose on a delinquent mortgage in the original principal amount of $294,566, dated May 2009. Filed July 21.

Dunn-Walters, Aquila, et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Bank of America NA, Charlotte, N.C. Property: 100 Lorraine St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $181,284, dated March 2011. Filed Aug. 4.

Brown, Zaida T., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Wells Fargo Bank NA, Frederick, Md. Property: 617 Central Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $149,925, dated February 2007. Filed Aug. 3.

Echenique, Antonio, et al., Trumbull. Filed by Bendett and McHugh PC, Farmington, for Wells Fargo Bank NA, Frederick, Md. Property: 33 Rocky Ridge Drive, Trumbull. Action: to foreclose on a delinquent mortgage in the original principal amount of $356,000, dated January 2005. Filed Aug. 5.

Campbell, David C., et al., Bethel. Filed by Collins Hannafin Garamella Jaber & Tuozzolo PC, Danbury, for Chestnut Village Condominium Association Inc. Property: 99 Chestnut St., Unit 9F, Bethel. Action: to foreclose on a statutory lien for delinquent common charges and assessments and take immediate possession of the premises. Filed July 28.

Fraser, Desianne N., Bridgeport. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Wells Fargo Bank NA, Frederick, Md. Property: 1657 Chopsey Hill Road, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $200,305, dated June 2014. Filed Aug. 3.

Campbell, Pauline, et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 96 Dobson St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $241,600, dated August 2006. Filed Aug. 4.

Frouge, David, et al., Bridgeport. Filed by Leopold & Associates, Stamford, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 2826 Madison Ave., Unit 1A, Bridgeport. Action: to foreclose on a condominium lien for delinquent common charges and assessments and take immediate possession of the premises. Filed Aug. 4.

Gluben, Julie, et al., Fairfield. Filed by Leopold & Associates, Stamford, for HSBC Bank (USA) NA, Buffalo, N.Y. Property: 428 Jackman Ave., Fairfield. Action: to foreclose on a delinquent mortgage in the original principal amount of $592,000, dated September 2006. Filed Aug. 3. Hochberg, Marshall B., et al., Monroe. Filed by The Witherspoon Law Offices, Farmington, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 165 Williamsburg Drive, Monroe. Action: to foreclose on a delinquent mortgage in the original principal amount of $325,000, dated April 2006. Filed July 28. Hufnagel, Erik L., et al., Norwalk. Filed by O’Connell, Attmore & Morris LLC, Hartford, for M&T Bank, Buffalo, N.Y. Property: 208 Flax Hill I Road 32, Norwalk. Action: to foreclose on a condominium lien for delinquent common charges and assessments and take immediate possession of the premises. Filed Aug. 3. Komlos, Kathleen L., et al., Shelton. Filed by Bendett and McHugh PC, Farmington, for Bank of America NA, Charlotte, N.C. Property: 6 Maple Lane, Shelton. Action: to foreclose on a delinquent mortgage in the original principal amount of $224,336, dated September 2010. Filed July 31. Rose, Karen, et al., Bethel. Filed by Leopold & Associates, Stamford, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 45 Katrina Circle, Bethel. Action: to foreclose on a delinquent mortgage in the original principal amount of $488,000, dated May 2007. Filed July 27. Ryan, Gina E., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for JPMorgan Chase Bank NA, Columbus, Ohio. Property: 71-73 Washington Terrace, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $135,304, dated February 2010. Filed Aug. 3. Salem Five Star Mortgage Company LLC, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridegport. Property: 307-309 Dover St., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use fees. Filed Aug. 3. Sheffield Jr., David J., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 944 Chopsey Hill Road, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $160,000, dated February 2006. Filed Aug. 3. Shepard, Jean H., et al., Bethel. Filed by Bendett and McHugh PC, Farmington, for Bank of America NA, Charlotte, N.C. Property: 73 Kingswood Drive, Unit 6, Bethel. Action: to foreclose on a delinquent mortgage in the original principal amount of $132,000, dated September 2006. Filed July 31.

Silva, Barbara A. and Augusto B. Silva, et al., Trumbull. Filed by Kapusta, Otzel & Averaimo, Milford, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 109 Ochsner Place, Trumbull. Action: to foreclose on a delinquent mortgage in the original principal amount of $135,544, dated June 1998. Filed July 14. Stephan, Michael L., et al., Fairfield. Filed by Michael Jankovsky, Fairfield, for Krigan’s Fuel Inc., Bridgeport. Property: 77 Spinning Wheel Road, Fairfield. Action: to foreclose on a mechanic’s lien. Filed Aug. 4. Thompson, Donna D., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for JPMorgan Chase Bank NA, Columbus, Ohio. Property: 352 Woodlawn Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $101,878, dated March 2005. Filed Aug. 4. U.S. Bank NA, trustee, Salt Lake City, Utah. Filed by Kapusta, Otzel & Averaimo, Milford, for Nationstar Mortgage L.L.C., Lewisville, Texas. Property: 18 Deer Run, Unit 34, Bethel. Action: to foreclose on a delinquent mortgage in the original principal amount of $196,000, dated September 2005. Filed July 27. Williams, Daniel P., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Bank of America NA, Charlotte, N.C. Property: 373 Fairview Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $195,500, dated April 2009. Filed Aug. 4. Wright, Janet, et al., Bridgeport. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for OneWest Bank FSB, Pasadena, Calif. Property: 64 Lewis St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $337,500, dated November 2005. Filed Aug. 4.

MORTGAGES 15 Chapel St. LLC, Norwalk, by David Aaron Whitman. Lender: Fairfield County Bank, Ridgefield. Property: 15 Chapel St., Norwalk. Amount: $200,000. Filed July 28. 18 Sheehan Avenue LLC, Norwalk, by Jonathan S. Teed. Lender: TD Bank NA, Cherry Hill, N.J. Property: 16 Sheehan Ave., Norwalk. Amount: $620,374. Filed Aug. 3. 42 Tauton Lake Drive LLC, Newtown, by Benjamin Pilchard. Lender: Christina Sherpf. Property: Lot 44, Map 3016, Newtown. Amount: $565,600. Filed Aug. 6. 42 Tauton Lake Drive LLC, Newtown, by Benjamin Pilchard. Lender: Joseph Draper. Property: 42 Tauton Lake Drive and 2 Saw Mill Road, Newtown. Amount: $100,000. Filed Aug. 6.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 25


FACTS 427 Howe Ave LLC, Shelton, by Angelo Melisi. Lender: Webster Bank NA, Cheshire. Property: 427-431 Howe Ave., Shelton. Amount: $956,000. Filed July 29.

Advent Properties LLC, Easton, by Russell T. Bailea. Lender: M&T Bank, Buffalo. Property: 1 Hermanny Court, Norwalk. Amount: $165,000. Filed July 31.

50 Corporate Drive LLC, Trumbull, by Robert D. Scinto. Lender: People’s United Bank NA, Bridgeport. Property: 50 Corporate Drive, Trumbull. Amount: $7.2 million. Filed July 31.

CFRS Real Estate Investments LLC, New Haven, by Carmelo L. Foti. Lender: Dime Bank, Norwich. Property: Deforest Avenue, Bridgeport. Amount: $136,000. Filed Aug. 5.

6 Price Avenue LLC, Unionville, by Robert D. Horan Jr. Lender: Newtek Small Business Finance LLC, West Hempstead, N.Y. Property: 6 Price Ave., Norwalk. Amount: $263,000. Filed July 29.

Crescent Crossing LLC, Stamford, by Todd D. McClutchy. Lender: Department of Housing, Hartford. Property: 252 Hallett St., Unit 1A, Bridgeport. Amount: $5 million. Filed Aug. 6.

Acorn Homes Inc., New Milford, by Alan Weiner. Lender: Newtown Savings Bank, Newtown. Property: 30-32 Church Hill Road, Newtown. Amount: $6.7 million. Filed Aug. 4.

Fyber Properties 128 LLC, Westport, by Sheldon Minkowitz. Lender: First County Bank, Stamford. Property: 128 East Ave. and 365 Westport Ave., Norwalk. Amount: $7.2 million. Filed July 27.

FEATURE PROPERTIES OF THE WEEK

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Go Key Realty Consulting Ltd., Mt. Sinai, N.Y., by Jeremy Blum. Lender: Rock East Ventures LLC, New York, N.Y. Property: 17 Green Acres Road, Trumbull. Amount: $380,000. Filed July 14. GVG Premium Properties LLC, Milford, by Vincent J. Sorrentino. Lender: The Viking Tool Co., Fairfield. Property: 445 Access Road, Shelton. Amount: $400,000. Filed July 29.

Trumbull Merritt 101 LLC, Moodus, by Jack Plants. Lender: United Bank, Glastonbury. Property: 101 Merritt Blvd., Trumbull. Amount: $3.6 million. Filed July 29.

ILSR Owners LLC, Port Chester, N.Y., by Kenneth M. Olson. Lender: MC Credit LLC, New York, N.Y. Property: 83 and 97 Wall St., 21, 31 and 23 Isaacs St., Norwalk. Amount: $5.8 million. Filed Aug. 3.

Vista Apartments LLC, Shelton, by James Blakeman. Lender: T.D. Bank NA, Wilton. Property: 9-11 Leavenworth Ave., Shelton. Amount: $1.6 million. Filed Aug. 7.

L + M Contracting LLC, Stratford, by Lucia M. Coluccelli. Lender: RCN Capital Funding LLC, South Windsor. Property: 48 Twitchgrass Road, Trumbull. Amount: $144,080. Filed Aug. 5. Norwalk Property LLC, Norwalk, by Hugo Salazar. Lender: MMP Holdings LLC, Guilford. Property: Lot 37 and 38, Grove St., Norwalk. Amount: $165,000. Filed Aug. 7. Perry Construction Services LLC, Shelton, by Salvatore Perry. Lender: Ronald Schauwecker, Shelton. Property: 465 Woonsocket Ave., Shelton. Amount: $150,000. Filed Aug. 6.

4 STORY OFFICE BUILDING / RESIDENTIAL CONVERSION — POUGHKEEPSIE, NY Location: Dutchess County’s Central Business District Square Feet: 35,750 +/- SF Total, To Be Confirmed. 0.18 +/- Acres Suitable For: Office / Medical / Loft Conversion Sale Price: $1,600,000 Contact: info@crproperties.com (845) 485-3100 / www.crproperties.com

COMMERCIAL BUILDING / AIRPORT HANGARS — LAGRANGEVILLE, NY (MILLBROOK / RHINEBECK AREA) Location: TSP to NYS Rte 55 East to North on NYS Rte 82 Space: 12,000 +/- SF Total, To Be Confirmed. 28.31 +/- Acres Price: $1,475,000 - Current In-Place Income Contact: info@crproperties.com (845) 485-3100 / www.crproperties.com

Perry Construction Services LLC, Shelton, by Salvatore Perry. Lender: Ronald Schauwecker, Shelton. Property: 466 Woonsocket Ave., Shelton. Amount: $150,000. Filed Aug. 6. S and G of Shelton LLC, Shelton, by Benjamin W. Perry Jr. Lender: Ion Bank, Naugatuck. Property: 82-84 Perry Hill Road, Shelton. Amount: $300,000. Filed July 22. Schaible Realty LLC, Shelton, by Kenneth M. Schaible. Lender: Webster Bank NA, Cheshire. Property: 475479 and 487-501 Howe Ave., Shelton. Amount: $885,000. Filed July 22.

CONCERT / THEATER / RESTAURANT / BAR — POUGHKEEPSIE, NY

INDUSTRIAL BUILDING POUGHKEEPSIE, NY

Location: 7 Blocks from Metro North to Grand Central Space: 8,525 +/- SF Total, To Be Confirmed Price: $1,850,000 Contact: info@crproperties.com (845) 485-3100 / www.crproperties.com

Location: NYS Route 9G Space: 100,000+/- SF Total / 11 +/- Acres Price: $3,950,000 / $4.50 Per SF Contact: info@crproperties.com (845) 485-3100 / www.crproperties.com

Quantitative Researcher (Greenwich, CT) sought by investment firm. Perform quant analysis of mkt data on multiple asset classes to dvlp option-based investment strategies. Create automated tools to identify trade opportunities & simulate historical trades. Work w/Portfolio Mgrs to implement existing strategies & execute trades on exchange-listed & over-the counter derivatives mkts. Monitor existing positions for risk analysis & performance attribution. Must possess Master’s deg (or its foreign deg equiv) in quant fin, statistics or applied mathematics, or a closely rel quan field, & 3 yrs of exp in equity derivatives research. Must have exp building statistical/econometric models & back-test trading strategies; dvlpng systematic alpha strategies in the derivatives space, across multiple asset classes; & wrking w/ VIX futures, ETNs & Options. Must have exp using the following statistical programming languages: R, Matlab, Python. Send resume to J. Segal, Paloma Partners Management Co., Two American Lane, Greenwich, CT 06836

FIGURES

Sono Capital LLC, Norwalk, by Brant Behr. Lender: Fieldpoint Private Bank & Trust, Greenwich. Property: 20 Lowe St., Norwalk. Amount: $248,000. Filed Aug. 5. Sono Capital LLC, Norwalk, by Brant Behr. Lender: Fieldpoint Private Bank & Trust, Greenwich. Property: 22 Lowe St., Norwalk. Amount: $232,000. Filed Aug. 5. The Jewish Home for the Elderly of Fairfield County Inc., Fairfield, by Andrew H. Banoff. Lender: Sacred Heart University Inc., Fairfield. Property: 175 Jefferson St., Fairfield. Amount: $13.8 million. Filed Aug. 6. Toll CT II Limited Partnership, Horsham, Pa., by John S. Lannamann. Lender: Anthony J. Nazzaro Jr. and Constance M. Nazzaro, Bethel. Property: 77, 79, 89 and 91 Maple Ave., 1, 3-9, 2-8, 11 Maple Avenue Extension, Bethel. Amount: $4.5 million. Filed Aug. 3.

26 Week of August 24, 2015 • FAIRFIELD COUNTY BUSINESS JOURNAL

Village Commons of Bethel LLC, Bethel, by Bruce Pierce. Lender: Union Savings Bank, Danbury. Property: 55 Grassy Plain St., Bethel. Amount: $1 million. Filed Aug. 5.

NEW BUSINESSES Ayala Tree Servicing and Landscaping, 3 Ely Ave., Apt. 8, Norwalk 06854, c/o Manzo Hecter Ayala. Filed July 27. Café Plus, 17 Woodlawn Road, Monroe 06468, c/o Fabiana Jarrin. Filed July 24. Campo Construction & Transport, 19 Aiken St., Norwalk 06851, c/o Carlos Gonzob Campoverde-Arcentales. Filed July 30. Chaves Remodeling LLC, 1637 Madison Ave., First floor, Bridgeport 06606, c/o Marcoreuio Chaves. Filed Aug. 4. Coelho Services LLC, 117 Madison Ave., Bridgeport 06606, c/o Carlos M. Coelho Jr. Filed Aug. 3. DTS Technologies, 76 Maple Lane, Shelton 06484, c/o Robert Simington. Filed July 30. El Tenampa Mexican Grill Inc., 6-8 Commerce St., Norwalk 06850, c/o Edwin Rosales. Filed July 29. Flowers De Jardin LLC, 415 Howe Ave., Shelton 06484, c/o Paula C. Vicencio. Filed Aug. 4. Hope Painting LLC, 29 Fair St., Norwalk 06851, c/o Sergio Hernandez. Filed July 29. Jim & Nick’s Family Flooring, 89 Center St., Shelton 06484, c/o Jimmy Limerick and Nicholas Mongillo. Filed Aug. 6. Just Tumble, 415 Howe Ave., Suite 304, Shelton 06484, c/o Amy Stanko. Filed July 15. Max Cleaning LLC, 112 Herkimer St., Bridgeport 06604, c/o Matamat Babakar. Filed Aug. 5. My M Services LLC, 96 Arlington St., Bridgeport 06606, c/o Eammanuel Soto Perez. Filed Aug. 6. One Stop Variety, 247 Connecticut Ave., Norwalk 06854, c/o Anwar Motiwala. Filed July 30.

Physicians Nationwide, 1 Elliot Place, Suite 200, Fairfield 06824, c/o George E. Jones III. Filed Aug. 4. Queiroz Painting LLC, 69 Lincoln Ave., Bridgeport 06606, c/o Leandno Sands Queinoz. Filed Aug. 4. Queiroz Painting LLC, 674 Burnsford Ave., Bridgeport 06606, c/o Leandno Sands Queinoz. Filed Aug. 4. Rainbow International of Stamford, 3 Cottage St., Norwalk 06855, c/o Preferred Cleaning Service of Connecticut LLC. Filed July 27. Restaurant Mobil Candy, 199 Calhoun Ave., Bridgeport 06604, c/o Dulce Cardosa. Filed Aug. 4. Roma’s Importing Co., 31 Longmeadow Road, Shelton 06484, c/o Pedro Silva. Filed July 24. Simply Prepaid, 1527 E. Main St., Bridgeport 06608, c/o Kyle L. Robinson. Filed Aug. 6. Squeaky Clear Windows, 113 Vermont Ave., Fairfield 06824, c/o Rafael Rocha. Filed Aug. 6. Star Wood Floors LLC, 275 Clark St., Bridgeport 06606, c/o Reginaldo G. Dos Santos. Filed Aug. 4. Torres Trucking LLC, 144 Island Ave., Bridgeport 06606, c/o Anibal Torres. Filed Aug. 5. Valle Hernandez for Council, 561 Brook St., Bridgeport 06608, c/o Grisel Seda. Filed Aug. 7. Write Kind of Business, 97 Richards Ave., Unit D 6, Norwalk 06854, c/o Desiree Serrano. Filed July 30. Your Dream Home, 1394 North Ave., Bridgeport 06604, c/o Melissa Gittens and Sharon Brown-Stewart. Filed Aug. 6. Yvonne Marchese Photography, 28 Myrtle St., Second floor, Norwalk 06855, c/o Mary Yvonne Marchese. Filed July 29.

PATENTS The following patents were issued by the U.S. Patent and Trademark Office in Washington, D.C. Adjusting tone reproduction curve and belt tension to control printing errors. Patent no. 9,110,408 issued to David C. Craig, Pittsford, N.Y.; David R. Kretschmann, Webster, N.Y.; Eliud Robles Flores, Rochester, N.Y.; and Jorge M. Rodriguez, Webster, N.Y. Assigned to Xerox Corp., Norwalk.

Language-based color calibration of displays. Patent no. 9,111,477 issued to Raja Bala, Pittsford, N.Y.; Karen M. Braun, Fairport, N.Y.; Robert J. Rolleston, Rochester, N.Y.; and George A. Gibson, Fairport, N.Y. Assigned to Xerox Corp., Norwalk. Method and apparatus for automatic mobile endpoint device configuration management based on user status or activity. Patent no. 9,113,299 issued to Aaron Dale Sanders, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. Method and system for resolution conversion of magnetic ink character recognition (MICR) content. Patent no. 9,111,168 issued to Mark A. Smith, New York, N.Y. Assigned to Xerox Corp., Norwalk. Method and system of editing multiple spot color tables associated with a printing system. Patent no. 9,106,874 issued to Mark A. Smith, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. Methods and systems for generating differential gloss image by pre-heating marking material on a substrate. Patent no. 9,110,412 issued to Chu-heng Liu, Penfield, N.Y. Assigned to Xerox Corp., Norwalk. Release agent composition for solid inkjet imaging systems for improved wetness. Patent no. 9,108,427 issued to Jason M. LeFevre, Penfield, N.Y.; Paul J. McConville, Webster, N.Y.; James M. Chappell, Webster, N.Y.; Joanne L. Lee, Rochester, N.Y.; Rachael L. McGrath, Churchville, N.Y.; and Santokh S. Badesha, Pittsford, N.Y. Assigned to Xerox Corp., Norwalk. System and method for vehicle occupancy detection using smart illumination. Patent no. 9,111,136 issued to Peter Paul, Webster, N.Y.; and Abu Islam, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. System for real-time monitoring for defects in an object during three-dimensional printing using a terahertz sensor. Patent no. 9,108,358 issued to Robert P. Herloski, Webster, N.Y.; and Thomas R. Race, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. Systems and methods employing a guide wire for positioning and stabilizing external instruments deployed within the body. Patent no. 9,107,674 issued to John W. Gaiser, Mountain View, Calif.; Scott H. West, Livermore, Calif.; David S. Utley, Redwood, Calif.; and David Huynh, Santa Clara, Calif. Assigned to Xerox Corp., Norwalk.


BUSINESS CONNECTIONS ISSUES & POLICIES

EVENTS

Time to Reevaluate State’s Role on Climate Change

L

ast month, President Obama released what he and others have characterized as “the biggest step yet to combat climate change.”

The proposal is highly praised by environmentalists and others who believe such action by the federal government is long overdue. But others say the proposal will result in higher energy prices and a significant loss of American jobs.

These goals have been achieved, to the credit of their supporters. Other states and the federal government have adopted measures designed to reduce emissions of greenhouse gases and, under the president’s plan, Connecticut would get credit for the emission reductions already achieved. Additionally, a global climate agreement is likely coming this fall from an international gathering in Paris.

While battle over the president’s plan will go on for many months or longer, the proposal ironically has gone all but unnoticed in Connecticut.

Y

ale professor and former DEEP Commissioner Dan Esty will share his insider’s perspective on where climate policy is headed and its economic impacts when he delivers the keynote address at CBIA’s Energy and Environment Council (E2) Fall Meeting.

That may seem odd as there are many interest groups, policymakers and individuals who are very concerned about climate change as well as Connecticut’s economy, jobs, and its highest-in-thecontinental-United-States electricity prices.

Professor Esty has been providing advice to the U.S. State Department, the French government, and the Secretariat to the U.N. Framework Convention on Climate Change (UNFCCC) with regard to options and opportunities for the new climate change agreement that is expected to be concluded at the UNFCCC conference of the parties in December in Paris. Esty also served as EPA’s lead negotiator for the 1992 FCCC.

Why the lack of fanfare?

You’ll hear from E2 committee leaders on other late-breaking developments in the environmental and energy arenas, including new legislative requirements for environmental reporting.

The answer is simple-and a little jarring to those concerned about Connecticut’s economic future. The reality is that the president’s aggressive climate change proposal pales in comparison to Connecticut’s laws, policies, and regulations addressing the issue. For example, the president’s proposal calls for a reduction in carbon emissions from U.S. power plants to 32% below 2005 levels by the year 2030. Connecticut requires a total reduction in emissions of all greenhouse gases to 80% below 2001 levels by the year 2050. State lawmakers adopted highly aggressive climate requirements not because anyone believed a reduction in Connecticut’s emissions would have any impact on global climate trends. Rather, policymakers wanted to position Connecticut as a leader on climate issues to spur action by other states and the federal government, and to position ourselves to take advantage of federal legislation or regulations likely to be passed within the first two decades of the 21st century.

In light of these events, it’s timely for Connecticut to consider whether it makes better scientific and economic sense to align our state laws, regulations and policies with national and global commitments. If not, policymakers should explain how existing and any additional actions that exceed national and global commitments would improve our economy, create net job growth, affect our highest-in-the-nation (outside of Hawaii) electricity costs, and impact global climate. CBIA believes this is a public policy issue worthy of thoughtful, constructive public discussion. On Sept. 18, businesses, policymakers and others will have an excellent opportunity to gain perspective on this and related matters when Yale professor and former DEEP commissioner Dan Esty delivers a keynote address at the annual fall meeting of CBIA’s Energy and Environment Council (E2). See the E2 program description at right.  For more information, visit cbia.com.

This meeting is open to everyone and concludes with a networking lunch and an optional tour of Wallingford-based Proton OnSite, a global leader in onsite gas generation and a manufacturer of hydrogen, nitrogen, and zero-air generators that operate on every continent.

Date: Friday, Sept. 18, 2015 Time: Check-in & networking breakfast buffet: 7:30 am Program: 8:30 am–12:45 pm Proton OnSite tour: 1–2pm

SCAN TO REGISTER!

Place: Mountain Ridge 350 High Hill Rd., Wallingford Cost: E2 members, free; CBIA members, $95; Nonmembers, $125; Proton OnSite tour, free

 Register at cbia.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of August 24, 2015 27


Trim 10”

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Trim 11.5”

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