Fairfield County Business Journal 091916 by Westfair Business Journal

11 | MEDIUM IS THE MESSAGE September 19, 2016 | VOL. 52, No. 38

17 | SPECIAL REPORT westfaironline.com

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Nature made ASARASI TURNS MAPLE SYRUP WASTEWATER INTO BOTTLED H2O BUSINESS BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com “WATER, WATER, EVERYWHERE/NOR ANY DROP TO DRINK,” Samuel Taylor Coleridge famously lamented in “The Rime of the Ancient Mariner.” But Coleridge probably wasn’t thinking of sugar maple trees — or the potable water that can be derived from their sap during the maple syrup-making process. Certainly Adam Lazar wasn’t. But on a 2008 visit to a Vermont maple farm he learned that after the sugar was removed from the sap, the remaining 97 percent of material — “naturally pure treedrawn water” — was being thrown away.

“I was told, ‘Who would want it? It’s just water,’” Lazar recalled. “That’s when the idea hit me, that here was a renewable resource that could be pretty easily converted from being a waste byproduct to a consumer-priced product. We’re now offering an eco-friendly bottle of organic water from a source that consumers can trust.” The “we” is Asarasi (after the Latin word for the maple family, “aceraceae”), the Greenwichbased company that Lazar formed as CEO. Though not particularly ecology-minded at the time, Lazar had spent some 15 years working in the consumer goods field as a product developer. “I’m also a for» WATER, page 6

Adam Lazar is looking to quench consumers’ thirsts with his “naturally pure tree-drawn water.” Photo by Bob Rozycki.

Greenwich contractor hit with $12.3M judgment for home repairs scam BY BILL HELTZEL bheltzel@westfairinc.com

hen fires devastated luxury homes in Fairfield and We stc he ster counties, a Chubb Corp. insurance adjuster was there to assess damages and start the restoration process. But Chubb did not know that its own adjuster was calluding with a contractor he hired to estimate repair costs. The contractor inflated the estimates and the adjuster steered the

repair work back to the contractor. A federal jury in White Plains recently ruled unanimously, in a 40-day trial, that the adjuster, Dennis Sorge, and the contractor, Paul H. Mertz Jr. and the Mertz Co., are liable for fraud and breach of fiduciary duty. U.S. District Court Judge Nelson S. Roman entered a judgment of nearly $12.3 million against Mertz and his company on Aug. 23. He suspended judgment against Sorge while a bankruptcy court sorts through his finances and did not specify

the amount of damages against Sorge. The Mertz Co., based in Greenwich, has been operating in Fairfield and Westchester counties since 1972. For many years it built homes. In the late 1970s, according to its website, Mertz began specializing as a damage restoration consultant. From 2004 to 2010, Chubb paid Mertz nearly $1.1 million in consulting fees. Sorge, formerly of Crotonon-Hudson, was a Chubb employee for 30 years and worked out of the White Plains

office. From 2004 to 2010, Chubb paid him more than $1 million. He has since moved to Wake Forest, N.C. Sorge’s job was to investigate the extent of losses when an insured home was damaged. He hired experts to provide repair estimates and he determined how much Chubb would pay to settle homeowners’ losses. Chubb expected consultants such as Mertz to act independently. A contractor could not consult for Chubb and also work at the same time as a contractor on the insured property.

Consultants may not seek or even discuss the possibility of a contract until their work for Chubb is done, and even then the contract must be disclosed to Chubb. Mertz assessed hundreds of property claims for Chubb. The lawsuit, filed in 2012, singles out eight claims on homes damaged by fires — in Darien and Lakeville in Connecticut and in Armonk, Mount Vernon, New Rochelle, North Salem and South Salem in Westchester County. Sorge hired Mertz to provide » GREENWICH, page 6

Designs on dining Z HOSPITALITY GROUP READIES LATEST OPENING IN WHITE PLAINS BY RYAN DEFFENBAUGH rdeffenbaugh@westfairinc.com

o Ramze Zakka, the restaurateur behind Z Hospitality Group, it takes three things to run a successful restaurant — great food, great service and a beautiful design. “If one of those is missing, you have no prayer,” he said. He should know. This fall, Zakka will open Mediterraneo Restaurant across from The Ritz-Carlton New York, Westchester in White Plains. That will be the seventh restaurant from Zakka, who has built a small empire of sleekly designed eateries stretching from New Canaan to central Westchester. Originally a Texan, Zakka was working as a diplomat in New York City when he decided he wanted a change. That change came with an early 1990s move to Greenwich, where he opened his first restaurant, Terra, on Greenwich Avenue. Terra will celebrate its 25th anniversary in October. From that original restaurant, Zakka launched Z Hospitality Group, which has grown to include six restaurants, with two more on the way. But Zakka said he never imagined himself with more than just Terra. He was originally looking for a way to do something simpler. “I just wanted to open up a mom-andpop shop on Main Street, small-town USA,” he said. At the time, Terra represented a change for Greenwich, which he said offered only a mix of high-end restaurants and casual takeout places. “We wanted a bistro with very serious food, beautiful design, but that offered a really great value,” Zakka said. “Value” and “quality” are two words Zakka uses often when describing his restaurants. All of Z Hospitality’s restaurants are in wealthy cities and towns, where Zakka said people know quality food and can’t be “BS’d.” “You have to put out serious food with a smile,” he said. “And if you don’t, they will go someplace else.” At Terra, customers on the ultra-competitive Greenwich Avenue have been coming back for a quarter of a century. The next move for Zakka was Mediterraneo, which launched five years after Terra, also on Greenwich Avenue. There’s also a Mediterraneo in Norwalk. Besides these,

A rendering of the new Mediterraneo Restaurant in White Plains, scheduled to open this fall. Courtesy Z Hospitality Group

Z Hospitality runs the restaurants Eastend in Greenwich, Solé in New Canaan and Aurora in Rye. The group will also open a SECTION/ELEVATION new Terra location in Danbury in the fall in addition to the Mediterraneo in White Plains. The key to this success, Zakka said, has been people who know and care about the business. “Our executive chef is fastidious with his vendors,” Zakka said. “He buys the best he can get his hands on. All cooking is made from scratch,” with fresh fish and veggies delivered daily. The executive chef he was referring to is Albert DeAngelis, who runs Z Hospitality along with Zakka and Zakka’s son, Adam. DeAngelis has been with Zakka since Terra launched. Zakka described him as is the creative force behind the food for all the restaurants. Meanwhile, Adam runs the service side, his father said. Despite the growth in locations, Zakka said the hospitality group still takes a mom-and-pop approach, with its threeperson executive team. So after his latest expansion is complete, Zakka said the team will take some time to regroup before planning any more new locations. “There’s no layers of management,” he said. “Just my son and I and my executive chef. So we want to make sure that what we open is successful and we’re focusing on what we have now.” The new Mediterraneo in White Plains

Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

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Owner Ramze Zakka, executive chef Albert DeAngelisi and owner Adam Zakka chat in the main dining room at the new Eastend Restaurant along Greenwich Avenue. Photograph by Tyler Sizemore

will be about 6,000 square feet once completed, including three separate floors — a kitchen and dining room on the first floor, a mezzanine about half the size of the main floor with more dining and event space and a wine cellar for private dining. The restaurant will seat about 150 people, slightly larger than the size of the Mediterraneo locations in Greenwich and Norwalk, Zakka said. “It’s going to be a spectacular place,” he said. “Design-wise, it’s going to blow

people away.” Zakka said he has already hired a “top notch” staff for operations and hopes to establish his niche in the city once doors officially open. “We don’t want to blow (the competition) out,” he said. “We just want to come in and wedge a spot for ourselves and be part of the community.” This article originally ran in the September issue of WAG magazine, the Business Journal’s sister publication.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016

BY MARK L. FAGAN

What went wrong

o close out this four-part series on CEO decision-making, I want to take a look at a few big decisions that failed and identify why they failed. As previously discussed, examples of big decisions include selling or purchasing a significant business unit; making a significant change to product or service offerings; and restructuring the management team. To recap the first three parts of this series, a CEO needs the following to improve the chances of a big decision being successful: A company’s management team and key employees must be in alignment before a signi�icant change is introduced by the CEO. If not, probability for success plummets. Why? Because change is difficult and requires buy-in and commitment to a common goal from management and key employees. If those characteristics are not present before a change, chances are they won’t be afterwards either. It’s the responsibility of the CEO to �ind smart, experienced people who can advise the CEO when big decisions are being made. What tends to happen is a CEO will, over time, gravitate to the people with more valuable views, often found inside and outside the company. An informal inner circle creates a flexible situation for the CEO with minimal downside because its members can change depending on the talent needs of the CEO; it is not on any corporate organization chart, so employees can’t lobby for inclusion; it can be filled with people outside the organizations who have no stake in the decision’s outcome; and it leaves the executive committee’s time to be used more effectively. Implementing big decisions will involve a multitude of smaller, tactical and strategic decisions. Organizations that build a strong capability for making and implementing big decisions employ sound processes, including investigating multiple alternatives, seeking out dissent, and fostering a culture of inquiry for weaving down the path of implementation, rather than advocacy or going with gut feelings. They also employ data and analysis because they know that on a whole, the scientific method is the best guide to making decisions. A FEW BIG DECISIONS GONE BAD: Royal Bank of Scotland — With more than £1.9 trillion in assets, the bank failed and had to be rescued in 2008. A Financial

Services Authority report identified seven reasons for the failure, including inadequate due-diligence in acquiring the Dutch Bank ABN-AMRO; inappropriate attention to risk; and underlying deficiencies in RBS management, governance and culture, which made it prone to make poor decisions. Time Warner AOL Merger — This megamerger had a deal value of $350 billion. Ten years after the January 2000 merger, the combined value of the companies, which have been separated, was about one-seventh of the worth on the day of the merger and is taught in business schools as the worst transaction in history. The enduring debate is whether the deal collapsed because the concept was flawed at the start or because the cultures were too different and the execution of the merger was a failure. One thing is apparent from reading interviews with Stephen Case, AOL co-founder, and Jerry Levin, CEO of Time Warner: There were only a handful of people involved in the decision. The team included each company’s president, Robert Pittman and Richard Parsons, but few others. Upon hearing of the merger, which was disclosed to each company’s leadership teams just hours before announcing to the public, many senior executives thought it was an awful idea. Case believes it was a good idea but poorly executed. Levin used to think it was the clash of cultures and a mis-reading of the dot-com bubble, but now thinks it was that the “rolling thunder of the internet started actually to eat its own, which was AOL. AOL was the Google of its time.” Parsons thinks it started with the business model being flawed and then finally the cultural matter. “It was beyond certainly my abilities to figure out how to blend the old media and the new media culture. They were like different species, and in fact, they were species that were inherently at war.” Kmart — Kmart’s big mistake in the mid-to-late 1990s was to try to compete with Walmart on price. Walmart had a supply chain system known as “just-in-time” inventory, which allowed the retailer to re-stock shelves efficiently. Kmart failed to implement a similar system, which meant consumers became frustrated when stores ran out of goods. Between June 1998 and June 2000, Walmart’s stock price rose 82 percent as Kmart’s fell 63 percent. While new management at the turn of the decade worked to improve efficiency, the company

Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

filed for bankruptcy in 2002 and shut hundreds of stores and eventually merged with Sears. A couple of opinions: In 2012, a study by Douglas McIntyre, Ashley Allen, Samuel Weigley and Michael B. Sauter concluded that the worst bad decisions fell into three categories: 1. Management was reckless and managers ignored internal warnings that their decisions were highly risky. 2. Management missed major shifts in their industries until it was too late. 3. Managers showed a general lack of foresight. Gary Cokin is an author and founder of Analytics-Based Performance Management LLC, an advisory firm. He notes that "companies that successfully use their information to outthink, outsmart and out-execute their competitors are high-performing enterprises. They build their strategies around information-driven insights that generate results from the power of analytics of all flavors, such as segmentation and regression analysis, and especially predictive analytics. They are proactive, not reactive." In summary: CEOs and their teams will continue to have decision failures. Big decisions create change, which is something most people inherently avoid, so conflicts are imminent. However, if CEOs continually improve the culture and structure of their organization, improve their own decision-making skills and the implementation skills of the entire organization, including the use of more computerized decision support, including analytics, decision failures will decrease. Mark L. Fagan is a certi�ied public accountant and managing partner of Citrin Cooperman’s Norwalk of�ice. He can be reached at mfagan@citrincooperman.com or (203) 847-4068.

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ConnectiCare will remain on health insurance exchange BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

he mystery over whether ConnectiCare would stay on or exit the state’s Access Health CT insurance exchange ended late on Sept. 13, when the insurer said it would remain. At issue was a disagreement between ConnectiCare and the Connecticut Insurance Department over a proposed rate hike. Earlier this year, the insurer sought an increase of 14.3 percent, later revised to 17.4 percent and ultimately climbing to 27.1 percent. When the Insurance Department approved the 17.4 percent increase, ConnectiCare sought a court injunction to invalidate the decision. It was denied by a Superior Court judge in New Britain on Sept. 9. That same day, ConnectiCare sent a letter to Access Health CT saying it was terminating its agreement. Although AHCT announced its receipt of the letter and seemed to acquiesce to the termination, ConnectiCare President and CEO Michael Wise insisted the company was still “actively working” to find a mutually acceptable arrangement allowing it to remain on the exchange. Late on Sept. 13, Wise released another statement announcing that the insurer would remain with AHCT with the 17.4 percent increase. “Throughout the rate-setting process, ConnectiCare has emphasized its goal of remaining on the Connecticut health insurance exchange in a manner that is fiscally responsible,” Wise said in the statement. “After hearing from state officials, providers and beneficiaries about the importance of our plan to Connecticut, we have decided to move forward into 2017 as a plan on the exchange at the rates approved by the department.” ConnectiCare has withdrawn its legal appeals and rescinded its Sept. 9 termination notice in a letter to the exchange, Wise said. The statement left open the possibility that the rate-hike issue may arise again. “We look forward to continuing to partner with the department and the exchange to continue to meet this promise and to address the broader policy issues, such as risk adjustment, that affect the sustainability of the health insurance market place,” Wise said. For now, however, it appears both sides are heaving sighs of relief. Gov. Dannel Malloy said ConnectiCare’s

decision “is welcome news, as many Connecticut residents who depend on the carrier for their health care services will continue to benefit from their inclusion in the exchange.” “Recent data show that Access Health CT has brought the number of uninsured people in our state to its lowest rate in

history, and among the lowest rates in the country,” Malloy said. “Our administration will continue working to ensure that Connecticut remains a leader in implementing an exchange that provides quality, secure, and affordable health care to all of our state’s families.” ConnectiCare covers 47,597 people

through the exchange. Had it exited, only Anthem would have remained with AHCT, following United Healthcare’s decision in April to leave most Obamacare-created insurance exchanges and the Insurance Department’s July decision to prevent the financially strapped HealthyCT from continuing to do business.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016

Water — » » From page 1

mer military officer,” he said, “so I was used to having limited resources to execute very challenging missions by finding additional resources at my disposal.” Maple sap is derived solely from the Northeastern United States and Canada. During the spring season, maple trees essentially become organic water-filtering devices, according to Lazar. During the processing of sap into syrup, the pure tree water is removed to obtain maple sugar, and the water component of the sap — equaling some 500 billion gallons a year — is usually discarded. The company taps some 30,000 trees at a maple farm in Western New York to produce its wares, Lazar said. “Asarasi’s subcontracted production and logistics operations are in New York. We produce our products in Western New York as our farm partner and co-packing facility are located there, and we are bottled close by

Greenwich — » » From page 1

repair estimates. Typically, according to the lawsuit, Sorge would introduce Mertz to a homeowner shortly after a fire and recommend him as an experienced, highend builder. Mertz also would solicit the repair job while working for Chubb. Mertz submitted inflated estimates, Chubb contended. Some work was not covered under the insurance policies. Some repairs were never done. Mertz pocketed millions of dollars and shared payments with Sorge. “We vigorously contested the charges,” attorney Jonathan A. Murphy, of Bleakley Platt & Schmidt LLP in White Plains, said on behalf of Mertz. He said Mertz did complicated, highend work and charged accordingly. Some of the work was approved by a structural engineer. No attempt was made to conceal contracts, Murphy said in a pretrial statement, and Mertz did not conspire with Sorge to inflate estimates or enrich one another. “Unfortunately,” Murphy said, “the jury sided with Chubb.” The lawsuit describes several schemes. Chubb claimed that Mertz submitted estimates that inflated the fair market

Lazar said. “There’s a variety of flavor profiles at different temperatures.” As for nutritional value, Lazar says, “We’re talking about water. Carbonated water — we went with carbonated as it’s a high-growth category, growing at 30 percent-plus annually, and bubbles are fun! Flat water tends to be boring and sparkling is not. But we’re not playing in the nutritional space, we’re in the commodity space.” Asarasi seems to be well positioned in the beverage industry. According to data from the Beverage Marketing Corp., bottled water consumption in the U.S. grew 120 percent, while consumption of carbonated/flavored beverages fell by 16 percent, between 2000 and 2015. The group expects bottled water sales to surpass those of soda by early 2017 at the latest. Asarasi is being sold at about 70 retailers around the state, and Lazar predicts it will be available at 50 grocery stores by the end of November, including at a number of Geissler’s Supermarkets, LaBonne’s Markets, Caraluzzi’s and ShopRite outlets.

the farm to reduce the carbon footprint of transportation. We also warehouse in Buffalo and drop-ship from that location.” Executive, administrative, sales and marketing functions are overseen from home-based offices in Greenwich and Newtown, “and we are growing rapidly,” he added. “We are currently reviewing office and warehouse space options in Bristol as we grow.” Currently made up of Lazar and Chief Marketing Officer Brian Pare, Asarasi expects to become “a significant job creator in Connecticut … we’re in the process of hiring some part-time people now.” Asarasi has applied for a USDA certification of its product, which Lazar described as “a naturally clear, crisp and refreshing bottle of water at a competitive price.” A single bottle sells in stores for $1.89 to $1.99, while four-packs are priced at $6. Taste of the unflavored product is distinctly crisp and clean. “It’s an amazingly different product when it’s refrigerated at 38 to 40 degrees, which we recommend,”

value of the work, quoted for high-end materials but used cheaper substitutes, did not do work for which he was paid and charged sales tax on items that were not taxable. Mertz repeatedly submitted estimates for extra work after he got the jobs, the lawsuit says, and Sorge approved payments and failed to disclose the conflicts to Chubb. One lucrative scheme involved building code upgrades. Chubb’s policy was to pay whatever was necessary, beyond a homeowner’s insurance coverage, to bring a damaged property into compliance with building codes. Mertz submitted estimates for code work that was not required, Chubb said. Sorge and another Chubb consultant, who was not sued, approved the estimates. When Mertz got the contracts, Chubb said, he did not always do the work and pocketed the extra money. Federal Insurance Co., a Chubb subsidiary, insured Geoffrey Iddison’s 18th century house in Lakeville for $1.1 million. The house was damaged by fire in 2006 and Federal paid nearly $1.7 million to settle the losses. More than $1.4 million went to Mertz as general contractor. Mertz paid a subcontractor $840,000 to do the work, the lawsuit says, and pocketed more than $500,000. Mertz’s quote included the cost of

Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

replacing vanities, armoires, bookshelves and cabinetry that were cleaned instead of replaced, Chubb contended. Mertz was paid $100,229 for demolition and debris removal but hired a subcontractor to do the work for $21,000. Mertz quoted $239,411 for code work that was not required by the town. He also was paid $15,675 as Chubb’s consultant. Pacific Indemnity Co., a Chubb subsidiary, insured Kenneth and Donna McAlley’s house in New Rochelle for $1.4 million. The house was damaged in a 2005 fire and Pacific paid more than $3 million to settle the claim. More than $2.1 million went to Mertz, according to the lawsuit. Mertz estimated repair costs at $410,000 on an application for a building permit. The town charged $2,684 for the permit but Mertz charged Chubb $13,470. Great Northern Insurance Co., a Chubb subsidiary, insured David Palaia’s and Dawn DiDomenico’s 18th century farmhouse in North Salem for $1.6 million. The farmhouse was damaged in a 2007 fire and Great Northern paid nearly $2.6 million to settle the claim. About $1.8 million went to Mertz, the lawsuit says. Chubb also paid Mertz a $23,287 consulting fee. Mertz accompanied Sorge on the first visit to the site and Serge recommended

that the homeowners hire Mertz as their contractor. Sorge approved $578,866 in payments for code work, the lawsuit says, without confirming that the work was required, the estimates were reasonable or the work was done. Judge Roman entered a $6.4 million judgment against Paul Mertz Jr. and his company for fraud and breach of fiduciary duty. He tacked on $5.9 million in interest that is accruing at 9 percent a year, or $1,576 a day, and he ordered Mertz to pay Chubb’s costs and attorney fees. Chubb was represented by attorneys William Pollard and David McTaggart, of Duane Morris LLP in Manhattan. Sorge was represented by attorney James Randazzo, of Gaines, Novick, Ponzini, Cossu & Venditti LLP in White Plains. Mertz has been winding down his company’s operations for the past two years. “This lawsuit took the wind out of his sails,” Murphy said. “He was getting ready to retire anyway.” Murphy said no decision had been made yet on whether to appeal the jury’s decision. He called it a difficult and hotly contested case. “It could have gone either way,” he said. “That’s the way trials are.”

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016

BRIEFLY

FRONTIER COMMUNICATIONS TAPS MCBRIDE AS EXECUTIVE VP, CFO

Frontier Communications Corp. has named R. Perley McBride as executive vice president and chief financial officer. McBride succeeds John Jureller, who is stepping down to pursue other opportunities. McBride has more than two decades of experience in financial roles in the communications industry, including more than a decade at Norwalk-based Frontier earlier in his career, and was most recently CFO at Cable & Wireless Communications PLC. “Perley is a highly respected finance leader in the communications industry and has unique insight into our business as a result of his prior roles here,” said Frontier President and CEO Dan McCarthy. “Perley will play an integral part in attaining the financial targets we have set for Frontier, including achieving adjusted free cash flow in the range of $825 million to $900 million in 2016, Adjusted EBITDA in excess of $4 billion in 2017, as well as our expense synergy target of at least $1.25 billion.”

XEROX CTO TO RETIRE, CFO NAMED AT CONDUENT SPINOFF

Brian Webb-Walsh has been named chief financial officer at Conduent, the business process outsourcing spinoff at Xerox, effective once the spinoff is completed at the end of the year. Sophie V. Vandebroek, Xerox’s chief technology officer, will also retire at that time. Vandebroek has been with the Norwalkbased company for 25 years, the last 10 as CTO. Webb-Walsh is currently the CFO for Xerox Services, where he is responsible for all financial aspects of the business. Previously he led the finance function for the company’s government health care and health enterprise businesses. “Brian has nearly 20 years of experience with Xerox, strong financial discipline, deep roots in the services business and a keen understanding of how to advance opportunities in growth markets,” said Ashok Vemuri, who was named CEO of Conduent in June. “Our improved portfolio focus on attractive growth markets and leadership positions in key market segments make this an incredibly appealing opportunity,”

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said Webb-Walsh. “I look forward to leading Conduent’s financial strategy as the company seeks to create shareholder value by driving profitable growth and margin expansion.”

DELOITTE ANNOUNCES EXTENDED FAMILY LEAVE POLICY

In a move that will impact more than 1,300 of its employees in Connecticut, Deloitte introduced on Sept. 8 a family leave program, granting up to 16 weeks of fully paid family leave. Deloitte said it is the first professional services firm to implement such a policy, which also goes into effect immediately for new hires. The policy allows all employees who regularly work at least 20 hours a week to take paid family leave in order to care for a spouse, domestic partner, parent, child or sibling. New mothers will be eligible to take up to 24 weeks away from the company, in conjunction with the firm’s short-term disability policy. “Leaders often discuss how they can become more innovative, and one of the things that makes a big difference is to focus beyond business products

Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

WALGREENS EXPECTS TO DIVEST UP TO 1,000 STORES

Walgreens expects to divest itself of between 500 and 1,000 stores to appease U.S. antitrust regulators with the Justice Department before it can move forward with its announced plans of acquiring Rite Aid for $9.41 billion, creating the nation’s largest drugstore chain. The company’s parent holding company, Walgreens Boots Alliance, said it still expects the deal to close in the second half of this year. Walgreens operates about 8,200 stores and Rite Aid 4,500. Even with the closure of 1,000 stores, the combined company would still dwarf the nation’s second-largest drugstore chain, CVS Health, which has 9,600 outlets. “The company also continues to expect that it will realize synergies from the acquisition in excess of $1 billion, to be fully realized within three to four years of closing,”

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according to a Walgreens Boots Alliance statement. No indication of which stores could be closed was given. The two chains operate dozens of stores in Connecticut, including outlets in Norwalk, Stamford, Shelton, Newtown, Monroe and Danbury, including a Walgreens at Danbury Hospital.

UNITED CAPITAL FINANCIAL ADVISERS ACQUIRES WESTPORT RESOURCES MANAGEMENT

United Capital Financial Advisers has purchased Westport Resources Management’s private client group for an undisclosed amount. The company, which manages $373 million of assets tied to high-net-worth individuals, will be renamed Westport Resources and its founder, John Vaccaro, will become a United Capital managing director based in Westport. “Joining United Capital immediately offers our advisers and clients a new set of digital financial tools that will help keep us relevant when communicating with and helping the next generation,” Vaccaro said. Headquartered in Newport Beach, Calif., United Capital has about $16.8 billion of assets and centralizes the compliance, billing and information technology of the wealth management firms it buys. In addition to the new Westport operation, United Capital also maintains an office in South Norwalk.

has joined Douglas Elliman Real Estate’s Greenwich office, where he will work with Jennifer Miller, Elliman’s executive manager of sales for Greenwich, in developing the markets there and in Westport. Previously, Jennings — who hosts “Life on Mar’s: The Home Makeover Show” on WTNH — was president of marketing and promotions for The Higgins Group. According to Elliman, Jennings’ casual luxury brand “created opportunities for appearances on HGTV, The Today Show, QVC, Hallmark Channel, Food Network and many other media channels across the country.” He is also a four-time gold medalist in regional and sectional U.S. figure skating. “As we continue the development of the Elliman brand in Connecticut, we could not

be happier with the pace our team has been growing and the talent we have acquired,” said Miller. “We are thrilled to expand our presence in Westport with Mar and his powerhouse team … The Mar Jennings Lifestyle Homes Team is poised to reach new heights.” “His results-oriented work ethic and client-focused approach are invaluable assets and will aid in our efforts to continue our expansion into key Fairfield County markets,” added Elliman’s executive vice president, Connecticut, Roberto Vannucchi.

STAMFORD IT FIRM THE TNS GROUP ACQUIRES CHELSEA COMPUTER

Stamford-based managed IT services provider The TNS Group has acquired Manhattan IT firm Chelsea Computer for

an undisclosed amount. “Chelsea Computer’s client-centric focus and technical proficiency aligns with the core values of The TNS Group,” said Ami Soifer, CEO and cofounder of TNS. “We are excited to work with the Chelsea Computer team and their clients to understand their business needs and facilitate their continued growth. We are anxious to elevate the already strong experience provided to our clients by increasing our available resources in New York City and the surrounding areas.” The TNS Group specializes in the financial, nonprofit, health care and shipping industries servicing Fairfield, Putnam, Westchester and Dutchess counties and metro New York City. —Kevin Zimmerman

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PRAXAIR, LINDE END MERGER TALKS

Preliminary talks between Danbury-based Praxair Inc. and Munich-based Linde AG about merging have ended. The announcement was made on Sept. 12, following a brief statement confirming the talks on Aug. 16. “While the strategic rationale of a merger has been principally confirmed, discussions about details, specifically about governance aspects, did not result in a mutual understanding,” Linde said in a statement. The merger of the two industrial gas titans would reportedly have been worth about $60 billion. Praxair, which posted $11 billion in sales last year, is one of the world’s largest industrial gas companies. Employing roughly 400 people in Danbury at 39 Old Ridgebury Road, it produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings.

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Douglas (left) and Alex Stewart

MAR JENNINGS JOINS ELLIMAN REAL ESTATE

Emmy Award-nominated real estate professional and lifestyle expert Mar Jennings

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016

Boat dealers see rising tide heading into 2016 Norwalk show BY ALEXANDER SOULE Hearst Connecticut Media

om Pilkington’s proclivity for boating has taken him to all points of the compass, from the Long Island Sound to San Francisco for the 2013 America’s Cup. His day job as owner of Prestige Yacht Sales has him in far-flung ports on more

than a few occasions, as well. In short order, he will be able to take the bearings of other boaters just by walking out the door of Prestige’s offices at Norwalk Cove Marina, site of the annual Norwalk Boat Show that starts Sept. 22 — but he has a pretty good idea already of the general drift. “We probably have had the best August that we’ve had in years — and I use August because traditionally that is always a very, ◀ Photo courtesy National Marine Manufacturers Association

very slow month — but leading up to the shows this year we’ve really had a blockbuster (month),” Pilkington said. “Our new boat business is well ahead of the past three years.” That is the result of improved financial security on the part of boat owners and those looking to buy, Pilkington said, as well as continued low interest rates. Any rising tide would reverse a losing streak for the boating industry in Connecticut, with recreational boat registrations down every year since the recession to just over 101,000 as of 2014, including pontoon party boats popular on the state’s lakes but excluding smaller vessels such as canoes or dinghies. Connecticut’s 1.7 percent drop in boat registrations was in line with national trends, however, and manufacturers have sounded bullish about 2016 sales. The CEO of MarineMax said same-store sales were up 44 percent in the second quarter during a July conference call reviewing the company’s results. The Clearwater, Fla.based maker of Boston Whalers and Sea Rays has a dealership on Water Street in Norwalk across the harbor from Norwalk Cove Marina. “There has been a little shift in the demographics with middle-class America … not active right now in our business. There are some, but not like it was,” said MarineMax CEO Bill McGill in July. “But the upper-middle class is very active right now, people that have incomes $150,000 and greater. …The financing part of it is getting about as easy as it’s ever been.” The Norwalk Boat Show returns Sept. 22 at Norwalk Cove Marina and running through Sept. 25, with the event offering both boats displayed for sale as well as activities for children and adults. In addition to nautical how-to and do-it-yourself forums, new attractions for this year include demonstrations of the JetSurf motorized surfboard and a display

10 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

of the 72-foot Galeon 660 Fly yacht, which sells for $2.7 million. In all, 65 boat makes will be on display, sold by brokers such as Prestige in Norwalk and J. Catalano & Sons in Greenwich, as well as direct from the manufacturers of makes like Chris-Craft, Hinckley and Sabre. Organized by the National Marine Manufacturers Association with sponsors including Progressive Insurance, Norwalk Boat Show tickets are $13 if purchased online in advance at boatshownorwalk.com with admission free for children under age 16 accompanied by an adult, and discounts available for group purchases of 10 tickets or more. The Norwalk Boat Show is the second of a season-end slate of Eastern seaboard shows that starts with next week’s Newport International Boat Show in Rhode Island, flowing into the mammoth Annapolis Boat Shows in October and reaching the finish line with the Fort Lauderdale International Boat Show in early November. Pilkington is expecting bigger crowds at all of them, and said there is no better indication of the buoyancy of the boating industry today than the fact that the Norwalk Boat Show is adding an extra pier to accommodate all the vessels that will be on display, which shows confidence on the part of boat dealers that they will find plenty of serious shoppers in Norwalk. “I think the boating business has rebounded quite a bit since 2006, 2007,” Pilkington said. “People feel a little more confident than they used to — it’s not doom and gloom; those were really tough years for us. … We just hope now for good weather and no hurricanes, and we’ll be in good shape.” Alexander Soule can be reached at Alex. Soule@scni.com; 203-354-1047; www.twitter. com/casoulman This article was �irst published in Hearst Connecticut Media on Sept. 11.

Blink Worldwide provides online component for ‘Brain on Drugs’ campaign BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

elevision viewers of a certain age remember the public service announcement of the 1980s that found a man announcing that an egg symbolized one’s brain, a heated frying pan “drugs,” and upon cracking the egg into the pan and watching it fry, intoning “This is your brain on drugs. Any questions?” An instant classic — TV Guide named the spot one of the top 100 television ads of all time — the PSA, produced by the nonprofit Partnership for a Drug-Free America, has gone on to be the subject of innumerable quotations and parodies ever since. But as a new PSA from the renamed Partnership for Drug-Free Kids demonstrates, there are in fact plenty of questions being posed by children, including “Is weed safer than alcohol?” and “Prescription drugs aren’t as bad as street drugs, right?” The ad culminates with one youngster asking: “Mom, Dad, did you ever try drugs?” As part of the new “Fried Egg 2016” initiative, Norwalk-based marketing agency Blink Worldwide was tasked with adding a social media-friendly component to the campaign. The result, titled “Drug Test” at drugtest.drugfree.org, launched on Sept. 6. Consisting of five multiple-choice questions patterned after the TV spot, as of Sept. 13 it had been taken by roughly 2,800 people, 2,200 of whom completed it for a 77 percent completion rate. The participation number is expected to steadily climb higher as word gets around social media platforms, Blink partner Adam Smith said. “People going through their social stream are seeing ‘I took a drug test,’ which stops them in their tracks,” he said. The mom and dad angle is particularly resonant, added group account director Erik Schroeder. “Adam has four girls and I have two girls and a boy, and we thought, ‘Wow, how do you answer that

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question?’ We found the same response across the agency.” “No one ever questioned the question” posed at the end of the original PSA, Smith said. “There’s so much going on now, from legalizing marijuana to new types of drugs with new names. You can’t keep it straight. I didn’t even know what Molly was before we got involved with this,” he said, referring to the new spot’s “Molly just makes you feel happy. What’s wrong with that?” query, utilizing the term for MDMA or ecstasy. Blink’s work with the partnership stemmed from Schroeder’s involvement as a volunteer at the organization. “They mentioned that the 30th anniversary of the ad was coming up and were looking for advice

to revive it, and I suggested that we jump in,” he said. The partnership and Blink worked “in a completely collaborative way,” Schroeder said. “We worked closely with each other with the design, the direction and the content.” Though pleased with the results so far, Blink has been struck by one number in particular: 95 percent of those completing the test got all five questions right. “The wording tends to give away the right answer,” Smith admitted. “We’re going to start putting up harder questions this week to engage and educate (participants) a little more.” The number of questions will remain the same — “You want to have

something that people can complete on their phones within 60 seconds or else you lose them,” he said — as will the two- or three-sentence explanations for why each answer is right or wrong. Although Blink’s roster is filled with impressive for-profit names like Marriott, KPMG and Adobe, Smith said, “We’ve always had a component of working with groups that are in the business of doing good, whether it’s this, green energy or sustainability. We like to have something going on in that space at any given moment.” He estimated that about 10 percent of the company’s business is done for nonprofits, with all work on the Fried Egg campaign done on a pro bono basis.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 11

BEYOND THE BOTTOM LINE Conscientious, Proficient, Accomplished PRESENTED BY

An awards program recognizing outstanding CPAs in Fairfield County, Westchester County and the Hudson Valley.

CALL FOR NOMINATIONS Members of the Fairfield County, Westchester County and Hudson Valley business and accounting communities are encouraged to nominate, pursuant to the criteria, one or more candidates for the following award categories: AHEAD OF THE CURVE – A CPA who stays ahead of his or her respective discipline as it relates to new legislation and trends thereby providing exceptional customer service.

MOST TRUSTED ADVISOR – A CPA who is customer-focused and gives sound advice to his or her clients, helping them make a positive impact in their business.

MOST GENEROUS – A CPA who provides an exemplary level of service and attention to the nonprofit and government sectors and gives back to the community through volunteer work and sharing his or her expertise.

INDEPENDENT CPA – A CPA, not associated with a CPA firm, performing accounting responsibilities full time in business, corporate or professional organizations.

TOP ACCOUNTANT UNDER 40 – A promising young CPA who shows a high level of technical expertise and customer service as well as an ability to develop new business.

SUBMIT NOMINATIONS: VISIT WESTFAIRONLINE.COM/CPA DEADLINE: OCTOBER 6

For more information or questions, call Danielle Brody at 914-358-0757, or email dbrody@westfairinc.com

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This awards program is co-sponsored by the Westchester and Fairfield County Business Journals, divisions of Westfair Communications Inc.

12 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

ASK ANDI

BY ANDI GRAY

Accountability starts at the top My partner does not respond in a timely manner. Not only does it slow me down, it hurts the productivity of the rest of the organization. He’s a good guy and I know he cares and is committed. I do think that as owners sometimes we’re not accountable enough. Got any suggestions on what to do about this? THOUGHTS OF THE DAY: Ask people to be accountable. Change their thinking. Be significant. Recognize and reward good behavior. Make sure you’re on the same page. You have to get people to pay attention. With so many things to do and a myriad of ways to respond, everyone is really busy and communication can get muddled. It’s easy to overlook things, misjudge timing and work on different priorities. Disrupt the flow and hold people

accountable by asking upfront questions: • “Are you making me a promise?” • “By when, exactly, will you get to that?” • “What should I do if I don’t hear back from you?” • “What could get in the way of this happening on time?” • “Does this have the same priority for you as it does for me?” It may seem that clarifying questions take too much time and are over-analyzing a situation. However, consider the amount of time spent circling back on things that fall apart. Be human and be visible. Expect that balls will get dropped from time to time. Nobody is perfect. When things do fall apart, help to pick up the pieces. Get together to discuss status. When things fall apart repeatedly make time for a more in-depth conversation about what’s going on. Get ahead of the problem by sending out reminders: “Counting on you getting back to me by Tuesday regarding ...”, or, “Know you have a lot on your plate. Hoping that my top priority is still near the top of your list. Can we confirm you’ll

get to it by (date/time)?” Ask for help when it’s a good use of your partner’s time and energy. Is this something that’s close to your partner’s wheelhouse? Could someone else deal with it instead? Make sure you’re coming across as an equal partner, who is invested in joint success. Choose to delegate wisely. Don’t just dump stuff on someone else to get it off your plate. Be crystal clear about what you expect. Shorten the request. Make it specific. Leave the door open to circle back to you for clarification if there’s a question. Make things more visible. Make a punch list of open items. Send a follow-up email. Post tasks on a bulletin board. We all tend to pay more attention when we get stroked for good behavior. Be appreciative when someone does something — even if it was only as expected. A quick email, phone call, or drop-by to say “thank you” can earn you bonus points that you can draw on when you make the next request. Many times things get overlooked because the other person wasn’t clear about

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what was expected, or didn’t agree that “it” needed attending to. Ask your partner if he or she’s okay with the request. Explain the priority the request has for you and ask if your partner can give it the same priority. In summary, start with yourself. Be honest. What can you do to help other people get on the same page, so they can be accountable? What can you do to help others get organized? What more can you do to insure you both stay on the same page, working together toward common goals, deadlines and outcomes? Looking for a good book? “Fix It: Getting Accountability Right” by Roger Connors and Tom Smith. Andi Gray is president of Strate�y Leaders Inc., Strate�yLeaders.com, a business consulting �irm that teaches companies how to double revenue and triple pro�its in repetitive growth cycles. Have a question for AskAndi? Wondering how Strate�y Leaders can help your business thrive? Call or email for a free consultation and diagnostics: 877-2383535, AskAndi@Strate�yLeaders.com. Check out our library of business advice articles: AskAndi.com.

10,500 Sq Ft of Newly Renovated Multi-Purpose Function Space Ballroom Seats up to 300 Guests 120 Spacious Guest Rooms Complimentary High Speed Wireless Internet Access Restaurant & Bar With Outdoor Terrace and Firepit Cutting Edge Fitness Center Indoor Lap Pool & Basketball Court FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 13

George Chatzopoulos OWNER CHIP’S FAMILY RESTAURANT

Serving up hospitality. Understanding what’s important. At Chip’s Family Restaurant, they know that offering excellent food and treating customers warmly is the recipe for success. And owner George Chatzopoulos appreciates the same level of friendly service from M&T Bank. We helped him grow and even financed his food truck – enabling him to take his tasty treats on the road. Our eagerness to help businesses like Chip’s is why M&T is a leading SBA lender1 in the country and why we’ve been recognized by Greenwich Associates for excellence in small business banking.2 To learn how M&T can help your business, visit mtb.com/businessbanking.

LENDING SOLUTIONS | MERCHANT SERVICES | TREASURY MANAGEMENT | DEPOSITORY SERVICES Equal Housing Lender. According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2015. Based on the 2015 Greenwich Excellence Awards in Small Business Banking. ©2016 M&T Bank. Member FDIC.

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14 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL 12795 Hudson City Success Stories – Chips 10”w x 11.5”h

BRIEFLY

REPORT: LOW-WAGE JOBS UP, HIGH-WAGE JOBS DOWN IN CONNECTICUT

Since 2001, the share of industries in Connecticut that typically pay low wages has increased by 20 percent, while highwage industry employment has decreased by 13 percent, according to a report by independent research and advocacy group Connecticut Voices for Children (CVC). Workers from racial and ethnic minorities and those without a college degree face unemployment rates three times those of whites in Connecticut, according to the group. “Changes in the state economy pose challenges for low-wage workers seeking to give their children the best possible start in life,” CVC Executive Director Ellen Shemitz said. “Connecticut’s jobs swap has implications for individual family economic wellbeing and for the state’s overall revenue sufficiency,” said Derek Thomas, CVC fiscal policy fellow and co-author of the report. “The first decade in the 21st century — which includes the loss of manufacturing jobs in the early 2000s as well as the vast job losses during the Great Recession — has left the state with a sizable high-wage jobs deficit.” The report recommends five key policy initiatives: • restoring the earned income tax credit for low-income workers to its original 2011 levels to allow low-wage workers to retain more of what they have earned; • raising the minimum hourly wage from the current $9.60 to $15; • expanding high-quality early childhood education to remove barriers to employment for parents and better prepare future generations of workers; • strengthening infrastructure investments to ensure economic competitiveness and economy-boosting jobs; and • reforming property taxes for a more equitable education system.

and Career Opportunities will receive $15,000 to serve clients in Danbury and New Milford. Each agency will deliver financial literacy courses and budget coaching to individuals in the Asset Limited, Income Constrained, Employed population. ALICE refers to people who are living paycheck to paycheck and often struggle to afford life’s basic necessities. The partner agencies have agreed on three main outcomes to measure success: improving the credit scores of clients, helping them achieve one personal financial goal, and ensuring that they adhere to a household budget for at least six months. In addition, United Way of Western Connecticut will launch in the spring of 2017

an incentivized savings program for individuals who complete the financial coaching sessions at Women’s Business Development Council, Domestic Violence Crisis Center and The Bridge To Independence and Career Opportunities. That savings program will allow participants to deposit regular savings into a special bank account in order to work toward building savings for emergencies and toward financial goals that include education, housing, and transportation. Participants in the program will receive a monetary match toward their savings when they meet defined savings benchmarks. United Way funding priorities for 2016-17 were based on 27 community conversations

and 520 survey results from residents from Stamford, greater Danbury and greater New Milford. “Our ALICE report from 2014 revealed that 35 percent of households in Connecticut are struggling to make ends meet each month,” United Way of Western Connecticut CEO Kim Morgan said. “Our investment in financial education and savings opportunities is a response to that report and our own community conversations. I am confident that if we can assist individuals through financial education and provide them access to desperately needed savings, then they will be propelled to future success.” — Kevin Zimmerman

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UNITED WAY CREATES FINANCIAL OPPORTUNITY CENTER

United Way of Western Connecticut has announced the creation of its Financial Opportunity Center and the partner agencies that will work together to provide financial literacy services to the community. The Stamford-based organization said that grants totaling $74,000 will be given to three nonprofit agencies. The Women’s Business Development Council will receive $39,000 to provide services in Danbury, New Milford and Stamford; the Domestic Violence Crisis Center in Stamford will receive $20,000; and The Bridge To Independence

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 15

THE LIST

FAIRFIELD COUNTY

LOCAL EATERIES

LOCAL EATERIES Listed alphabetically. Name Address Area code: 203, unless otherwise noted Website

Bailey's Backyard

23 Bailey Ave., Ridgefield 06877 431-0796 • baileysbackyard.com

Barbarie's Black Angus Grill

5 Eagle Road, Danbury 06810 826-7406 • beststeakhousedanburyct.com

Bernard's Restaurant (Sarah's Wine Bar)

20 West Lane, Ridgefield 06877 438-8282 • bernardsridgefield.com

Char

2 S. Water St., Greenwich 06830 900-1100 • charct.com

Cotto Wine Bar Restaurant 51 Bank St., Stamford 06901 914-1400 • cottowinebar.com

Type of cuisine

Description/Services

Farm-to-table American

On- and off-premise catering and market tastings

Steakhouse

Catering options; seasonal, holiday and miscellaneous events, including a summer clambake, a Thanksgiving dinner special and a Spanish wine event

French

Special events throughout the year, such as Bastille Day, live music and featured artists; private parties for intimate or large gatherings

American

Menu items include locally sourced meats, produce and cheese whenever possible; two private party rooms to accommodate up to 38 guests and up to 100 guests with a dance floor

Tapas-style Italian

400+ selection of wine labels; available for private parties and events

Crab Shell

46 Southfield Ave., Stamford Landing, Stamford 06902 Seafood 967-7229 • crabshell.com

The Granola Bar of Westport

275 Post Road East, Westport 06880 349-5202 • thegranolabarct.com

J House Restaurant

114 E. Putnam Ave., Greenwich 06878 698-6999 • jhouserestaurant.com

Kawa Ni

19A Bridge Square, Westport 06880 557-8775 • kawaniwestport.com

Mama's Boy Southern Table & Refuge

The Industrial Park, 375 Fairfield Ave., Stamford 06902 956-7171 • mamasboyct.com

Match

98 Washington St., South Norwalk 06854 852-1088 • matchsono.com

The Mumbai Times Restaurant of Westport

616 Post Road East, Westport 06880 226-0211 • mumbaitimesct.com

Olio

934 Hope St., Stamford 817-0303 • oliostamford.com

Paloma

15 Harbor Point Road, Stamford 06902 998-7500 • palomagrill.com

Live music, chowder competition, private parties to accommodate 20 to 200 guests, waterfront location with dedicated boat slips

Breakfast and lunch Catering menu; all menu items use local and items, including a organic ingredients, without the use of a fryer granola bar or stovetop

Modern American

Restaurant uses locally sourced ingredients with cooking in full view of guests, events are hosted throughout the year, restaurant includes a coffee bar

Japanese and Pan-Asian

Affiliated with a list of farms throughout Connecticut; menu includes rice bowls, noodles, sashimi and platters

Country style

Events held throughout the year; restaurant is affiliated with 12 farms throughout the country; private parties and catering options

American with global influences

Menu changes daily, two private rooms can accommodate six to 20 guests and 20-60 guests, while 100 guests can use the space of the restaurant and The Loft, the restaurant's offsite partner, offers a larger venue for events

Indian

Catering options and a weekend Maharaja buffet served Saturdays and Sundays from noon to 3 p.m.

American

Menu changes seasonally; all of the restaurant's stocks, sauces, pastas, breads, pastries and ice cream are made from scratch; full catering services

Latin-inspired

Harbor views, events held throughout the year; accommodations for Sunday brunch, private parties and corporate functions

This list is a sampling of eateries located in Fairfield County. If you would like to include your restaurant in our next list, please contact Danielle Renda at drenda@westfairinc.com.

16 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

Name Address Area code: 203, unless otherwise noted Website

Pink Sumo Sushi & Sake Café

President/ top local executive Title Year founded

Description/Services

Japanese

More than 30 types of premium sake, large selection of sushi, happy hour held 3-6 p.m. daily

Greek

Specials available every weekend

French

Three private party rooms, including the banquet room, which accommodates 65 seated guests; the wine room, which accommodates 16 seated guests; and the patio, open seasonally

American

Serves Sunday brunch, takeout and catering, in addition to daily specials, draft and bottle beers and more than a dozen wines by the glass

American-gastro

Private parties include birthdays, bachelorette and fundraisers; sports schedule available; catering options

36 Pine St., New Canaan 06840 966-5200 • southendnewcanaan.com

American

Live acoustic music every Wednesday at 8:30 p.m., accommodates private parties for up to 20 guests

The Spread

American with outside cultural influences

Catering options, menu changes depending upon season and culinary curiosities

Strada 18

Seating for 60 guests; location includes Farm-to-table cuisine a brick oven, catering and special party options; and handicapped access

Sugar & Olives

Jill Zhang President 1976

Space to accommodate up to 225 guests for private parties; cooking classes offered throughout the year; restaurant sources vegetables, dairy, eggs, fish and pasture-raised meat and poultry from local farms

Mediterranean and tappas style

Private party catering to accommodate 10 to 100 people on site and up to 1,000 people or more for off-premise parties; events held throughout the year

French

Two private dining rooms, including the Chestnut Room, which seats 10-14 people, and the Living Room, which seats 20-30 people; located inside of the Thomas Henkelmann Homestead Inn

Latin-American

Restaurant occasionally closes for private parties and holiday events, catering option

American

The private room can accommodate 25-35 guests, including for corporate events; room features technology, including a 70-inch, 3D television and wireless internet

Italian-American steakhouse

Accommodations for corporate meetings and events, six suites for special events, accommodations for private parties

Seafood

Restaurant affiliated with local farms, reservations available

4 Church St., Westport 06880 557-8080 • hpinksumoct.com

Pontos Taverna

7 Isaac St., Norwalk 06850 354-7024 • pontostaverna.com

Rive Bistro

299 Riverside Ave., Westport 06880 557-8049 • rivebistro.com

Rory's Restaurant

416 Boston Post Road, Darien 06820 655-9453 • rorys.net

Sign of the Whale Stamford 6 Harbor Point Road, Stamford 06902 883-8282 • signofthewhalect.com

South End

70 N. Main St., South Norwalk 06851 743-6741 • preferred-mfg.com

122 Washington St., South Norwalk 06854 853-4546 • strada18.com

21 Lois St., Norwalk 06851 454-3663 • sugarandolives.com

Taberna Restaurant

1229 Post Road, Fairfield 06824 475-999-8585 • tabernarestaurant-ct.com

Thomas Henkelmann

420 Field Point Road, Greenwich 06830 869-7500 • homesteadinn.com

Valencia Luncheria

164 Main St., Norwalk 06851 846-8009 • valencialuncheria.com

Washington Prime SoNo

141 Washington St., South Norwalk 06854 857-1314 • washingtonprimect.com

The Water's Edge at Giovanni's

500 Federal Road, Brookfield 06804 775-9311 • watersedgeatgiovannis.com

The Whelk

575 Riverside Ave., Westport 06880 557-0902 • thewhelkwestport.com

SPECIAL REPORT

YEAR IN REVIEW: COMMERCIAL REAL ESTATE

Readapting office space for medical use continues at strong pace BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

or the past several years, real estate brokerages have been increasingly capitalizing on a trend in repurposing existing office buildings for medical use with a number of high-profile projects in progress throughout the county. “Almost every town has an existing vacant building that can, if a number of needs can be met, be repurposed for medical use,” said Sean McDonnell, principal, Avison Young Healthcare Affinity Group in Fairfield. “The office market has changed over the past two decades, as has the health care market,” said Guy Leibler, president of Simone Healthcare Development. “There’s less use for substantial office buildings — people are moving back to the city or urban centers. The properties become surplus, especially as health care changes from an in-patient to an ambulatory model. Given the improvements in everything from pharmaceuticals to technology, health care is now able to provide more and more services on an outpatient basis rather than requiring a hospital stay.” Although the Bronx-based Simone has focused mostly in New York — last year it completed, with Fareri Associates, a major renovation and modernization of existing buildings and common areas at 3030 Westchester Ave. in Purchase to produce an 85,000-square-foot, four-story medical building for Westmed, the first new office construction along the Interstate 287 corridor in more than 25 years — it is increasingly seeing opportunities in Fairfield County as well. One of those, again developed by Simone with Fareri for Westmed, involved the 36,000-square-foot building at 644 W. Putnam Ave. in Greenwich. Initially considered as a relocation site by BMW of Greenwich, which ultimately decided to remain at 355 W. Putnam, the site was redesigned for Westmed, which occupies 9,347 square feet on the second floor for medical offices and 3,356 square feet on the ground floor for a walk-in medical

This 36,000-square-foot building at 644 W. Putnam Ave. in Greenwich was developed by Simone Healthcare Development and Fareri Associates for medical use.

clinic. It's Westmed’s first location outside of New York. Other medical tenants at the site include Next Generation Care Pediatrics, Greenwich Hospital and CVS Pharmacy. “We work with a lot of large health care networks on projects that we’re in progress on,” Leibler said, “and we’re currently looking at potential additional medical projects in Greenwich and Stamford.” Multimedical use sites such as 644 W. Putnam are becoming the way to go, McDonnell said. “Certain practice groups benefit from being with, or at least near to, other practice groups,” he said. “Thanks to referrals and convenience for patients, they can do very well together.” Such was the case at 233 Broad St. in Milford, an 8,000-square-foot former CVS that Avison Young converted into offices

for Connecticut Dermatology Group, with Milford Physicians Services at 234 Broad and a lab nearby. Often, adaptive reuses are the best use for vacated buildings, McDonnell said. “These are properties that have become obsolete and have no hopes of being resurrected. It’s not just a matter of putting up new glass or HVAC and a new sign out front.” Still, that’s not to say it can work in every space or for every client. “We go out looking for something that’s 50,000 to 60,000 square feet,” he said. “If something has a floor plate” — the amount of rentable area on one floor — “of 20,000 square feet, it’s immediately out of the picture. Otherwise you’re looking at multiple floors, which means duplicating security, check-in/check-out areas and making sure you have enough elevators. Nowadays

people want it all on one floor, to create a multipurpose building that can offer a number of different services for different patients.” Parking is also a key consideration. “Nobody wants to walk hundreds of feet just to get into a practice,” McDonnell said, “especially if you’re a mom pushing a stroller with another kid on your arm, or an elderly person who may have trouble walking.” “Generally you need four spaces per 1,000 square feet, and really five is better,” Leibler said. “So if you have a 50,000-square-foot building, you need 200, or preferably 225 to 250, parking spaces. A lot of office buildings can’t offer that. You may be able to add a parking deck, but obviously that adds more time and expense.” » » Medical, page 19

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 17

BRIEFLY

SMILOW GIFT ALLOWS OPEN DOOR SHELTER TO BUILD MULTIPURPOSE CENTER

Having received a gift from philanthropist Joel Smilow, The Open Door Shelter in Norwalk will transform a factory building at 2 Merritt Place in South Norwalk into a multipurpose center. Ground breaking will take place on Sept. 20 at 1:30 p.m. The project will include 16 efficiency apartments for individuals needing supportive housing, a health center, which will provide for community medical needs, and a job training program to support skilled trades education, job search tools, and GED and college entrance classes. “We are honored to receive this funding to support this project and as a result name the building the Smilow SoNo Life Center,” said Jeannette Archer-Simons, executive director of The Open Door Shelter. “We are deeply touched by Mr. Smilow’s belief in our efforts. We hope this gift inspires others to support this transformative project as we finalize funding for this campaign.” “As soon as I learned about this project, I knew it was something that needed suf-

ficient support to insure its timely completion,” Smilow said. “I’m delighted to be the agent for change for this wonderful expansion of the work of The Open Door Shelter.” The organization will publicly launch an $8 million capital campaign to fund the Center and additional family housing in the region at Cesco’s Trattoria at 6:30 p.m. on Sept. 20. Construction on the $6 million Center will also begin this month.

GLOBAL REAL ESTATE FIRM JLL ANNOUNCES NEW LEADERSHIP

Jones Lang LaSalle Inc., a global real estate firm based in Chicago, will have new leadership in October. The company, which goes by JLL and has an office in Stamford, which also covers Westchester County, announced on Aug. 24 that CEO Colin Dyer will retire at the end of the year. Christian Ulbrich, JLL president, will serve as CEO and president starting Oct. 1, the company said. Dyer will step down from the CEO role at the end of September but stay on with the company through the year to guide the company’s data, information and analytics priorities. He also will remain on the company’s board of directors through its annual shareholders meeting in spring 2017 and serve as an adviser through 2017, according to JLL. As president and CEO, Ulbrich will oversee JLL’s strategic direction and growth.

M A R C U M R E A L E S TAT E

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18 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

He will report to the Board of Directors and serve as an executive member on the board. Ulbrich joined JLL in 2005 as managing director of JLL Germany. He assumed the role of president in April. “Working closely with Christian since he joined JLL, I know firsthand his deep understanding of global real estate dynamics and ability to lead across wide and diverse geographies,” Dyer said. “With his guidance and our strong management team, JLL will continue to grow and prosper.” Dyer has led the Fortune 500 company since 2004. Under his leadership, JLL’s revenues grew more than five times, to $6 billion, and added more than 100 offices and 30 new countries to its geographic footprint, the company said. JLL operates in more than 80 countries and has a property portfolio of more than 4 billion square feet.

CUSHMAN & WAKEFIELD CREATES AUTOMOTIVE SPECIALTY PRACTICE GROUP

Cushman & Wakefield has launched an automotive specialty practice group in response to the transformation and growth in the auto industry. Jeffrey Green, a managing director within the firm’s occupier services business, will lead the new practice group, which includes a global team of real estate and business advisers to auto manufacturers,

suppliers, distributors and retailers. Cushman & Wakefield said it is the first commercial real estate service firm to offer a global comprehensive automotive specialty practice group. The firm said its mission is to understand and address the challenges of the automotive sector including labor issues, logistics, infrastructure, technology, credits and incentives, and the requirements of the real estate itself. “The world is on the verge of an automotive revolution sparked by disruptive, technology-driven trends such as diverse mobility, autonomous driving, electrification and connectivity,” Green said. “We believe these trends will result in an increased need for commercial real estate globally. In addition to inherent growth within existing automotive and supply manufacturers, we see emerging market opportunities in such markets as China, India, Brazil and South Africa, as well as the entry of non-traditional players like Google, Apple, Microsoft and Panasonic.” Green said Cushman & Wakefield has the client base and expertise to offer a comprehensive global specialty practice, adding that the firm already works with dozens of automotive industry clients around the world. Cushman & Wakefield has offices in Stamford and White Plains. — Kevin Zimmerman, Ryan Deffenbaugh, Aleesia Forni

Medical — » » From page 17

Finding suitable inventory can also be problematic in some towns. “A town will say they have 28,000 square feet of available medical space, but it’s in 16 different locations,” McDonnell said. “Sure, there’s plenty of vacancy on paper — but they’re all 1,800 to 2,000-square-foot buildings.” The process of finalizing a project can also be arduous. “When a hospital’s vice president of operations or a top administrator in the C-suite approaches us, they don’t even know if it’s feasible,” he said. “You go through finding the right space, then you have to get buy-in from the physician groups: Are they going to be on site or are they privately affiliated? Will you send patients there? “Then you go back to management, finance, HR to get their opinions,” he continued. “If you get that far, then you have to get approval from the board. We’ve gone through nine-month processes of signing and leasing, just to have the board shoot it down.” In addition, reimbursements for hospitals are also constantly in flux. “They may

make $8,000 on a procedure in January, but by November changes have taken place to the point where they’re making only $4,500,” McDonnell said. “Then it doesn’t work anymore.” Once rejected, the building goes back on the market. “A medical center may have turned it down five years ago, then another hospital group bids on it,” he said. “It’s not necessarily a matter of ‘the first mouse gets the cheese.’ Sometimes it’s not even the second mouse, but the third mouse who gets the cheese.” Avison Young is in the midst of a plethora of repurposing projects, among them the 40,000-square-foot building at 241 Danbury Road in Wilton, formerly the corporate headquarters of HomEquity and Bran Blau. Vacant for 15 years, Avison Young and New Canaan’s Cambridge Hanover are in the process of finalizing site plans and securing an anchor tenant for a medical complex. On Route 7 across from Town Hall, the building is expected to be delivered in June 2017, with tenants beginning occupancy in October. Adaptive reuse for medical is something that’s “relatively new to us,” said

REAL ESTATE EXPERIENCE FROM THE GROUND UP.

Jonathan Garrity, president and CEO of Cambridge. “We’ve come to see it as a great opportunity. The medical industry is growing, as is the need for brand new, state-ofthe-art facilities that include various practices and referrals within the same facility.” In February, Cambridge Hanover acquired 23 Vitti St., a 0.56-acre parcel in New Canaan. “We ripped down two former service establishments that had some contamination issues, remediated the site and expect to start building medical offices in the fourth quarter,” Garrity said. The town is in the final stages of developing a master plan for the Cross and Vitti Streets commercial district, aimed at improving the streetscape, increasing shared parking and possibly permitting more mixed-use commercial and residential building development in the district. The latest facility to emerge from the trend is at 260-292 Long Ridge Road in Stamford, a 50,000-square-foot former General Electric office building that was converted by Building and Land Technology for medical use and rebranded as Long Ridge Health & Science. On Sept. 12, a ribbon-cutting ceremo-

ny was held by Greenwich Hospital, Yale Medicine and Northeast Medical Group for the new outpatient facility. Greenwich Hospital will provide such services as physical and occupational therapy, comprehensive diagnostic imaging, rheumatology and neurology infusion. Yale Medicine’s Center for Musculoskeletal Care will offer a host of multidisciplinary services, including neurology and neurosurgery, physiatry, rheumatology, orthopedics, and sports medicine. Northeast Medical Group physicians will offer primary care services. Meanwhile, Stamford Hospital leased the entire building at adjacent 292 Long Ridge Road and opened a state-of-the-art complex last September. “Adaptive reuse is something that will continue, but for how long nobody can say,” McDonnell said. “There might be more widespread use of tele-medicine in five years — you come in, get some coffee, take your blood pressure, then talk to a doctor through a feed to discuss your issues, and your prescription might be filled from another country. “Then,” he added, “everything changes. Again.”

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 19

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FACTS & FIGURES on the record ATTACHMENTS-FILED Massimo Tobacco, Stratford. $15,000 in favor of General Linen Service LLC, Stratford. Property: 292 Nichols Ave., Stratford. Filed Sept. 2.

ATTACHMENTSRELEASED O’Dell, Jean, Westport. Released by Wofsey, Rosen, Kweskin & Kuriansky LLP, Stamford. $2 million in favor of Bart Valiante, Westport. Property: 6 Ivanhoe Lane, Westport. Filed Aug. 25.

BANKRUPTCIES Persistence Partners IV LLC, 500 W. Putnam Ave., Suite 400, Greenwich. Chapter 11. Assets: $10 million to $50 million. Liabilities: $500,000 to $1 million. Type of business: Limited liability company. Debtor’s attorney: Coan, Lewedon, Gulliver & Miltenberg LLC. Case no. 5:16-bk-51161. Filed Aug. 30.

BUILDING PERMITS

COMMERCIAL American Signcrafters, contractor for Meland Properties LLC. Replace a sign on the exterior of an existing commercial space at 309 Stillson Road, Fairfield. Estimated cost: $875. Filed Aug. 30. American Signcrafters, contractor for Meland Properties LLC. Replace a sign on the exterior of an existing commercial space at 309 Stillson Road, Fairfield. Estimated cost: $650. Filed Aug. 30.

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: John Golden 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

American Signcrafters, contractor for Meland Properties LLC. Replace a sign on the exterior of an existing commercial space at 309 Stillson Road, Fairfield. Estimated cost: $750. Filed Aug. 30. Andresen, Jonathan M., contractor for 80 WEP-1351 LLC, et al. Install a back-up generator for a tenant in an existing commercial space at 1351 Washington Blvd., Stamford. Estimated cost: $95,000. Filed between Aug. 29 and Sept. 2. Arnco Sign Company Inc., contractor for Turnpike Shopping Center LLC. Add a new wall sign to an existing commercial space at 1901 Black Rock Turnpike, Fairfield. Estimated cost: $6,500. Filed Aug. 29. Baiamonte, Charles R., Stamford, contractor for self. Convert a furniture warehouse into a beverage warehouse at 215 Henry St., Stamford. Estimated cost: $5,000. Filed between Aug. 29 and Sept. 2. Belfor USA Group Inc., contractor for T-C Kings Crossing LLC. Repair vehicle damage to storefront at 330 Grasmere Ave., Fairfield. Estimated cost: $7,500. Filed Aug. 29. Bismarck Construction Co. Inc., contractor for Reservoir Associates LLC. Perform an interior fit-up in an existing commercial space for a new tenant at 2150 Post Road, Fairfield. Estimated cost: $50,000. Filed Sept. 2. Bismark, Milford, contractor for St. Vincent’s Medical Center. Renovate the interior of an existing commercial space at 2800 Main St., Bridgeport. Estimated cost: $80,000. Filed Sept. 1.

City of Stamford, Stamford, contractor for self. Add temporary tents to the property of an existing commercial space for a special event at 151 Brookdale Road, Stamford. Estimated cost: $3,760. Filed between Aug. 29 and Sept. 2. Condon-Brown Builders Inc., contractor for Helen Magnant. Remodel the kitchen and two bathrooms in an existing commercial space at 73 Courtland Ave., Unit 164, Stamford. Estimated cost: $16,000. Filed between Aug. 29 and Sept. 2.

Northeast Tent Productions Inc., contractor for Country Club of Fairfield Inc. Add temporary tents to the property of an existing commercial space for a special event at 1650 Sasco Hill Road, Fairfield. Estimated cost: $9,475. Filed Aug. 31.

JMLS Consulting Services LLC, contractor for One Stamford Plaza Owner LLC. Perform an interior fit-up in an existing commercial space for a new tenant at 263 Tresser Blvd., Stamford. Estimated cost: $196,000. Filed between Aug. 29 and Sept. 2.

Northeast Tent Productions Inc., contractor for 1833-1834 Fairfield Beach Association. Add temporary tents to the property of an existing commercial space for a special event at 1833 Fairfield Beach Road, Fairfield. Estimated cost: $2,450. Filed Aug. 31.

John C. Landsiedel Construction Company Inc., contractor for Square Acre Realty LLC. Convert a half bathroom and open up a space for a future tenant in an existing commercial space at 1090 High Ridge Road, Stamford. Estimated cost: $26,000. Filed between Aug. 29 and Sept. 2.

Papadopoulos, Efi, Stamford, contractor for self. Remove and replace the shingles on a multifamily residence at 44 Brown Ave., Stamford. Estimated cost: $5,000. Filed between Aug. 29 and Sept. 2.

JR Handyman Constructions, contractor for Excell Development LLC. Move a dividing wall to make more space in a kitchen in an existing commercial space at 260 Hope St., Stamford. Estimated cost: $43,000. Filed between Aug. 29 and Sept. 2. Kirby, Juliet, Bridgeport, contractor for 47-53 Crescent Ave. LLC. Renovate an existing commercial space for a new tenant at 47-53 Crescent Ave., Bridgeport. Estimated cost: $5,000. Filed Aug. 25.

Calvin Construction LLC, contractor for William McRae. Repair an existing single-family residence after being hit by a car and damaged at 121 Stillwater Ave., Stamford. Estimated cost: $3,000. Filed between Aug. 29 and Sept. 2.

Kronenberger, Middletown, contractor for the city of Bridgeport. Renovate the exterior of an existing commercial space at 1 Barnum Blvd., Bridgeport. Estimated cost: $434,000. Filed Sept. 2.

Cepelik, Ladislav, contractor for 69-77 Bedford Street Stamford LLC. Replace the sign on the outside of an existing commercial space at 69 Bedford St., Stamford. Estimated cost: $3,000. Filed between Aug. 29 and Sept. 2.

New Life Home Improvement LLC, contractor for Urstadt Biddle Properties Inc. Build a new metal frame on the outside of an existing commercial space at 2215 Summer St., Stamford. Estimated cost: $78,000. Filed between Aug. 29 and Sept. 2.

GTC LLC, Redding, contractor for MP Development Associates LLC. Strip and reroof an existing commercial space at 305 Knowlton St., Bridgeport. Estimated cost: $28,000. Filed Aug. 29.

Bridgeport Roman Catholic Dioscese, Fairfield, contractor for self. Install a new scoreboard at 5151 Park Ave., Fairfield. Estimated cost: $500,000. Filed Aug. 31.

Montagno Construction, Waterbury, contractor for Optimus Healthcare Inc. Renovate the interior of an existing commercial space at 471 Barnum Ave., Bridgeport. Estimated cost: $282,236. Filed Aug. 31.

Magna Construction Limited LLC, contractor for BDCM Real Estate Holdings LLC. Perform selective renovations on an existing commercial space at 2187 Atlantic St., Stamford. Estimated cost: $450,000. Filed between Aug. 29 and Sept. 2. Mitch Co. Party Rentals LLC, contractor for church. Add temporary tents to the property of an existing commercial space for a special event at 545 Stratfield Road, Fairfield. Estimated cost: $1,600. Filed Sept. 1.

Reese Construction, Bridgeport, contractor for Main Street Shopping Center. Renovate the exterior of an existing commercial space at 4196 Main St., Bridgeport. Estimated cost: $150,000. Filed Sept. 2. River Bend North LLC, contractor for self. Reduce an existing commercial space to its core at 6 Riverbend Drive, Stamford. Estimated cost: $15,000. Filed between Aug. 29 and Sept. 2. SCT Contracting, contractor for Bridgeport Roman Catholic. Remove a concrete pad from the property of an existing commercial space at 5151 Park Ave., Fairfield. Estimated cost: $1,000. Filed Sept. 1. Sector Site LLC, Mendham, N.J., contractor for Northbridge LLC. Add antennas onto the roof of an existing commercial space at 2875 Main St., Bridgeport. Estimated cost: $15,000. Filed Sept. 1. Signature Construction Group of Connecticut Inc., Stamford, contractor for 201 Broad Street Owner LLC. Alter the interior of an existing commercial space at 201 Broad St., Stamford. Estimated cost: $258,500. Filed between Aug. 29 and Sept. 2.

Signature Construction Group of Connecticut Inc., Stamford, contractor for One Stamford Plaza Owner LLC. Alter the interior of an existing commercial space at 263 Tresser Blvd., Stamford. Estimated cost: $165,000. Filed between Aug. 29 and Sept. 2. Stamford Museum & Nature Center, Stamford, contractor for self. Install temporary tents on the property of an existing commercial space for a special event at 39 Scofield Road, Stamford. Estimated cost: $17,072. Filed between Aug. 29 and Sept. 2. Stamford Yacht Club, Stamford, contractor for self. Add temporary tents to the property of an existing commercial space for a special event at 97 Ocean Drive West, Stamford. Estimated cost: $15,000. Filed between Aug. 29 and Sept. 2.

RESIDENTIAL Allgreenit LLC, contractor for Edward Smith and Katherine Smith. Add solar panels to the roof of an existing single-family residence at 126 Jackman Ave., Fairfield. Estimated cost: $10,510. Filed Sept. 2. American House LLC, Trumbull, contractor for Thomas Calvin. Add siding to an existing single-family residence at 143 Clark St., Bridgeport. Estimated cost: $3,650. Filed Aug. 29. Bedos, Christina and Michael Schulke, Stamford, contractor for self. Update the kitchen cabinets and the bathroom tiles in an existing single-family residence at 98 Southfield Ave., Unit J4, Stamford. Estimated cost: $25,000. Filed between Aug. 29 and Sept. 2. Bella Homes LLC, contractor for Amy P. Young and Thomas E. Young. Remodel the kitchen, mudroom and laundry room in an existing singlefamily residence at 81 Palmer Bridge, Fairfield. Estimated cost: $10,000. Filed Sept. 1. Bingham, James F., Stamford, contractor for self. Add new sheetrock to a bedroom in an existing singlefamily residence at 58 Vine Place, Stamford. Estimated cost: $500. Filed between Aug. 29 and Sept. 2.

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Bivona, Kathleen, Stamford, contractor for self. Extend a house at 23 Overhill Road, Stamford. Estimated cost: $300,000. Filed between Aug. 29 and Sept. 2. Blum, Jeremy R., contractor for David Rodriguez and Ouynh. Add an in-ground pool to the property of an existing single-family residence at 135 Pope St., Fairfield. Estimated cost: $18,000. Filed Sept. 2.

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

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 21

FIRST COUNTY BANK DONATES SCHOOL SUPPLIES

PARTNERSHIP TO ADDRESS AFFORDABLE HOUSING SHORTFALL

◀◀ Pictured from left: Patrick Trask, Peter Mosbacher, Anny Parsonnet and Stephen Weiss of Webster Bank present Greg Maher, fourth from left, with Webster Bank’s grant for community development lending.

Employees from Stamford-based First County Bank participated in the Human Services Council’s “Donate a Backpack for Family Day” program to provide students with backpacks and school supplies for the 2016 to 2017 academic year. Employees donated pens, pencils, crayons, rulers, calculators, highlighters, erasers, notebooks, folders and 88 backpacks for a total of $2,760 in school supplies, which were distributed by the Human Services Council as part of its Family Day celebration. Pictured above, from left, back row: Parthena Kotzageridis of First County Bank; Robert Granata, president and chief operating officer, First County Bank; and Jim Darling of First County Bank. From left, first row: Rachel Valenzon of First County Bank; Giovanna Pisani, director of Mid-Fairfield Substance Abuse Coalition, Human Services Council; Kira Delia, Jennifer DaSilva, Christiano Basile and Eric Pace of First County Bank; and Reyno A. Giallongo, chairman and CEO, First County Bank.

Waterbury-based Webster Bank donated $5,000 to support the efforts of Leviticus Fund in providing critical resources to nonprofit housing developers that are tackling the shortfall of affordable rental housing in New York, New Jersey and Connecticut. Leviticus Fund, based in Tarrytown, N.Y., is a nonprofit community development loan fund that provides flexible capital and financial services to create and preserve affordable, special needs and emergency housing, early education centers and charter public schools for children of low-income families, community health centers and other community facilities that improve the lives of low-income residents within the New York tri-state area. Webster’s grant will be directed for use in affordable housing projects in Westchester County, N.Y. and Fairfield, New Haven, New London and Hartford counties.

GOOD THINGS HAPPENING

AVERY RECEIVES SRES DESIGNATION

CHARITY GOLF CLASSIC RAISES $32K, AWARDS 17 SCHOLARSHIPS

The Ridgefield office of Berkshire Hathaway HomeServices New England Properties, a real estate firm with more than 16,000 realtors in Connecticut, Rhode Island and Westchester County, N.Y., announced that Mark Avery has received the Seniors Real Estate Specialists (SRES) designation. SRES designees are realtors that are qualified to address the needs of homebuyers and sellers ages 50 and up. By earning the SRES designation, Avery has demonstrated the expertise to counsel these clients through major financial and lifestyle transitions in relocating, refinancing or selling the family home. Mark Avery

PARRINO SELECTED AS LIFETIME ACHIEVEMENT MEMBER

Thomas Parrino

Thomas Parrino, principal and co-founder of Westport-based Nusbaum & Parrino PC, was selected by America’s Top 100 LLC as a Top 100 Attorneys Lifetime Achievement Member for Connecticut. America’s Top 100 LLC strives to recognize annually and on a lifetime basis the most qualified and accomplished professionals in various fields of practice. Once all 100 attorneys have been selected for a specific state’s lifetime membership, the selection process will be closed and attorneys will no longer be eligible for lifetime membership in that state until an existing member passes away, retires from practice, moves out of state or is otherwise unable to actively practice law. Parrino has been practicing family law for more than 27 years, representing clients in all areas, including divorce, alimony, child support, property division and child custody.

Junior golfer Kyle Immel of Monroe and Martin D. Schwartz, president and CEO of The Kennedy Center.

The Kennedy Center in Trumbull, a nonprofit, community-based rehabilitation center that provides programs and services to approximately 2,400 people with disabilities and their families, raised $32,700 for its underfunded programs and awarded 17 junior golfers with scholarships at its annual Charity Golf Classic. The event awarded 17 junior golfers, ages 15 to 18, from 12 communities throughout the state, with scholarships based on academic achievement, school and community leadership and golf proficiency. Since the tournament’s inception, more than $638,000 was raised for The Kennedy Center’s services and nearly 500 junior golfers have collectively received more than $240,000 in scholarship money. The following high school students received scholarships in this year’s tournament: Spencer Olson of Bethel; Emma Breyan, Emily Hammer and Kyle Immel of Monroe; Tessa Piontkowski of New Canaan; Colin Patrick of Newtown; Sophie Velez of North Haven; Hunter Cripps of Seymour; Alexa Brown and Grace McLean of Trumbull; Halley Melito and Tyler Melito of Weston; Anelisa Browne, B.K. Browne and Noah Lomnitz of Westport; Nora Noel Nolan of Wilton; and Anthony Eanniello of Woodbury.

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

22 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

CONNECTICUT CHILDREN’S WELCOMES ADVISOR

Adriana Calousdian

Connecticut Children’s Medical Center Catamount Wealth Management, a boutique investment advisory firm in Westport, welcomed Adriana Calousdian as a senior client advisor. Calousdian’s responsibilities include managing client relationships, assisting clients with achieving their financial goals and cultivating new relationships for the firm. She has more than eight years experience in the financial industry, most recently working on the private banking and investment team for five years at Merrill Lynch in New Canaan. She holds a bachelor’s degree in international political economy from Fordham University of New York.

WILDLIFE SOS ON THE FRONTLINES WITH INDIA’S ELEPHANTS

COHEN AND WOLF WELCOMES SUTTON

Suzanne B. Sutton

Cohen and Wolf PC, a law firm with offices throughout Fairfield and New Haven counties, announced that Suzanne B. Sutton has become of counsel to the firm, joining its professional legal ethics, litigation and bankruptcy practice groups. Prior to joining, Sutton spent approximately nine years at the Office of Chief Disciplinary Counsel and was appointed First Assistant Chief Disciplinary Counsel. Her practice focuses on defending attorneys in the area of attorney discipline and professional malpractice. In addition to grievance matters, she also has experience in commercial law and bankruptcy. Sutton holds a bachelor’s degree from the University of Connecticut and her doctor of law degree from Quinnipiac University School of Law.

HALLORAN & SAGE WELCOMES CARLSON Halloran & Sage LLP, a law firm with offices in Westport, Hartford, Danbury, Middletown, New Haven and New London, welcomed Amanda L. Carlson to the firm’s Westport office. Carlson will be practicing law in the areas of civil and commercial litigation, handling matters related to insurance coverage and defense, contract disputes, civil rights, employment, products liability and toxic torts, professional liability, torts and general litigation. She holds a bachelor’s degree from Boston University and a law degree from Quinnipiac University School of Law. Amanda Carlson

The Elephant Conservation Care Center in Mathura, India is a 40-acre sanctuary where Wildlife SOS strives to save and rehabilitate India’s elephant population.

Kartick Satyanarayan and Geeta Seshamani, the co-founders of Wildlife SOS, India’s animal welfare organization, are returning to Greenwich to present a second annual lecture on the plight of the Indian elephant and the work of Wildlife SOS, Sunday, Sept. 25, 2-3:30 p.m. at Greenwich Country Day School, Lower School, 401 Old Church Road, Greenwich. The event will include an informative lecture, video footage of elephant rescues from two of India’s wildlife conservation authorities, and a Q&A session. Since 1995, Wildlife SOS has worked to save and rehabilitate India’s elephants at its 40-acre sanctuary, the Elephant Conservation Care Center in Mathura, India. To attend, email Lisa Wynne Salvatore at lisa@lisawynnesalvatore.com.

BANK OF AMERICA DONATES $175K TO NONPROFITS Bank of America recently donated $174,500 in grants to be distributed among 18 nonprofits working to increase access to affordable housing and support neighborhood revitalization in southern Connecticut. Funding will help low- and moderate-income individuals and families in Connecticut who are affected by the lack of affordable housing access resources. The organizations receiving grants include Beulah Land Development Corp., Bridgeport Neighborhood Trust, Habitat for Humanity Coastal Fairfield County, Habitat for Humanity New Haven, Housatonic Habitat for Humanity, Housing Development Fund, LISC/Fairfield County Fund for Affordable Housing, Near and Far Aid, New Haven International Festival of Arts & Ideas, New Haven Symphony, New Neighborhoods, Neighborhood Housing Services of New Haven, Operation Hope of Fairfield, Palace Theater, Shubert Theatre, Stamford Center for the Arts, Westport Country Playhouse, and Yale Repertory Theatre.

STAMFORD HEALTH RECOGNIZED FOR BARIATRIC SURGERY Stamford Health, a nonprofit health care system in lower Fairfield County, achieved national accreditation in bariatric services from the Metabolic & Bariatric Surgery Accreditation & Quality Improvement Program (MBSAQIP), a joint program of the American College of Surgeons and the American Society for Metabolic and Bariatric Surgery. The Stamford Health Center for Surgical Weight Loss met essential criteria for staffing, training and facility infrastructure, including protocols to implement optimal care. This accreditation signifies that the program meets the highest standards for patient safety and quality of care in lower Fairfield County. The MBSAQIP accreditation represents the highest level that can be awarded to an organization for bariatric care and validates the program’s quality patient outcomes, comprehensive care and patient support through their continuum of care.

COLLINS MEDICAL EQUIPMENT CELEBRATES 85 YEARS The Fairfield Chamber of Commerce announced that its new member, Collins Medical Equipment, is celebrating its 85th anniversary with a grand reopening Friday, Sept. 23 at 5 p.m. at 500 Kings Highway East in Fairfield. The family-owned business, formerly known as Collins Pharmacy, was founded in 1931 by Thomas P. Collins in Bridgeport and operated as a corner drugstore. In 1963, Tom Collins Jr. took over the helm and moved the pharmacy to a larger facility next door to the original, and in 1991, the facility moved, yet again, to accommodate a growing inventory of medical equipment. In 2005, the building moved to its current facility in Fairfield under the Collins Medical Equipment banner.

DATES SEPT. 21

Grace Farms Foundation and Voices of September 11th SCORE Fairfield County and Paychex are presenting “Independent Contractor or Employee: Do You Know the Difference?” a complimentary, one-time only seminar, 10:15 a.m. to noon at the Norwalk Public Library, 1 Belden Ave., Norwalk. Check-in begins 10 a.m. with refreshments and networking. For more, visit scorefairfieldcounty.org. The Ridgefield Playhouse is featuring Scottish twins, The Proclaimers, best known for their hit singles, including “I’m Gonna Be (500 Miles),” “Sunshine on Leith,” “I’m On My Way” and “Letter from America,” to present new music from their latest album, “Let’s Hear it for the Dogs,” 8 p.m., 80 E. Ridge Road, Ridgefield. For more, call the box office at 203-438-9748.

SEPT. 22 SCORE Fairfield County and co-sponsor the Westport Library are presenting “Market Research on a Shoestring,” a complimentary, small-business workshop, 6-7:30 p.m. at the Westport Library, 20 Jesup Road, Westport. Check-in begins 5:45 p.m. and the guest speaker includes Brian Baxendale. For more, visit scorefairfieldcounty.org. Applications are due today for inclusion in the Women’s Business Development Council’s 12-session course, “GPS – A Guide Plan for Success,” a 12-session workshop about learning how to develop a business plan, Wednesdays, Oct. 5 through Dec. 15, 6-8 p.m. at WBDC, 184 Bedford St., Suite 201, Stamford, and Tuesdays, Oct. 4 through Dec. 13, Greater Valley Chamber of Commerce, 6-9 p.m., 10 Progress Drive, Shelton. For more, visit ctwbdc.org. The Greenwich Chamber of Commerce is featuring Katie DeLuca, director of planning and zoning, in its third seminar in a series of advocacy efforts sponsored by the chamber’s corporate and government committee, 9-10 a.m., Greenwich Water Club, second floor, 49 River Road, Cos Cob. For more, visit greenwichchamber.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 23

FACTS Bravo, Hector, Fairfield, contractor for self. Strip and reroof an existing single-family residence at 383 Buena Vista Road, Fairfield. Estimated cost: $19,500. Filed Sept. 2.

Dierra Development LLC, Fairfield, contractor for Tara Rubano. Remodel the kitchen and remove the wall on an existing single-family residence at 81 Nash Lane, Unit 6, Bridgeport. Estimated cost: $13,000. Filed Aug. 29.

Calheira, Adoulton, Bridgeport, contractor for self. Repair the garage on the property of an existing singlefamily residence at 98 Morgan St., Bridgeport. Estimated cost: $12,000. Filed Aug. 29.

Ferreira, Miguel, Stamford, contractor for self. Extend the existing garage at 230 June Road, Stamford. Estimated cost: $12,000. Filed between Aug. 29 and Sept. 2.

Cannondale Generators Inc., contractor for Leslie W. Gordon, et al. Add a generator to the interior of an existing single-family residence at 211 West Lane, Stamford. Estimated cost: $12,900. Filed between Aug. 29 and Sept. 2.

Gillick Construction Inc., contractor for Donna W. Carlucci, et al. Build a dormer in the rear of the second floor in an existing single-family residence at 112 Emery Drive East, Stamford. Estimated cost: $95,000. Filed between Aug. 29 and Sept. 2.

Cannondale Generators Inc., contractor for Barbara Onish, et al. Add a generator to the interior of an existing single-family residence at 73 Tyler Drive, Stamford. Estimated cost: $6,850. Filed between Aug. 29 and Sept. 2.

Goubin, Ou and Deng Jing, Fairfield, contractor for self. Finish the basement in an existing singlefamily residence for a playroom at 31 Youngstown Road, Fairfield. Estimated cost: $4,000. Filed Sept. 2.

Choate Builders LLC, contractor for Benjamin M. Compton, et al. Renovate the screened porch and add a new deck and stairs to an existing single-family residence at 107 Willard Terrace, Stamford. Estimated cost: $25,000. Filed between Aug. 29 and Sept. 2. Complete Dismantling Services LLC, contractor for 1551 Summer Street LLC. Demolish an existing twofamily residence at 1567 Summer St., Stamford. Estimated cost: $12,200. Filed between Aug. 29 and Sept. 2. Complete Dismantling Services LLC, contractor for Twenty Second Street LLC. Demolish an existing two-family residence at 20 Second St., Stamford. Estimated cost: $30,000. Filed between Aug. 29 and Sept. 2. Complete Dismantling Services LLC, contractor for Twenty Second Street LLC. Demolish an existing twofamily residence at 19 Third St., Stamford. Estimated cost: $30,000. Filed between Aug. 29 and Sept. 2. Complete Dismantling Services LLC, contractor for Sixteen Realty Corp. Demolish an existing two-family residence at 15 Third St., Stamford. Estimated cost: $13,720. Filed between Aug. 29 and Sept. 2. Connecticut Masonry, West Haven, contractor for Mark Carroll. Strip and reroof an existing single-family residence at 123 Palm St., Bridgeport. Estimated cost: $9,500. Filed Aug. 31. DeBarros, Joao, Bridgeport, contractor for self. Enclose the porch and repair the interior of an existing single-family residence at 650-652 Grand St., Bridgeport. Estimated cost: $3,000. Filed Aug. 24. Diaz, Brian, Trumbull, contractor for Leonzdas Andrzolas. Add a deck to the property of an existing singlefamily residence at 432-434 Summit St., Bridgeport. Estimated cost: $10,000. Filed Aug. 26.

Islam, Nasima, et al., Stamford, contractor for self. Add new siding to an existing two-family dwelling at 32 Plymouth Road, Stamford. Estimated cost: $12,000. Filed between Aug. 29 and Sept. 2. Jaccarino, Richard, contractor for Azam Mistry, et al. Add a shower stall to the interior of an existing singlefamily residence at 33 Canfield Drive, Stamford. Estimated cost: $20,000. Filed between Aug. 29 and Sept. 2. Jimenez, Jorge, Monroe, contractor for Parry Praham. Renovate the interior and exterior of an existing singlefamily residence at 126 Pearsall Place, Bridgeport. Estimated cost: $23,200. Filed Aug. 24. Keane, Michael T., et al., Stamford, contractor for self. Replace the kitchen in an existing single-family residence and remove the wall at 44 Klondike Ave., Stamford. Estimated cost: $20,000. Filed between Aug. 29 and Sept. 2. Kuch, Bailin L., et al., Stamford, contractor for self. Create access holes in a closet in an existing single-family residence at 177 Briar Brae Road, Stamford. Estimated cost: $100. Filed between Aug. 29 and Sept. 2. L&L Builders & Fine Carpentry, contractor for Laura L. Pflug and Mark D. Pflug. Remodel the interior of the house and the basement at 340 Collingwood Ave., Fairfield. Estimated cost: $305,000. Filed Aug. 30. Lanza Enterprises, Stratford, contractor for Robert Fernandez. Renovate the interior of an existing single-family residence at 78-80 Beardsley St., Bridgeport. Estimated cost: $3,500. Filed Aug. 29. M A S Construction Inc., contractor for Joseph Frattaroli, et al. Add a bathroom to the basement of an existing single-family residence at 76 Bellmere Ave., Stamford. Estimated cost: $15,000. Filed between Aug. 29 and Sept. 2.

Marcia, Davis, Stamford, contractor for self. Add a kitchen to the rear of an existing single-family residence and expand the master bedroom and bathroom at 326 Oaklawn Ave., Stamford. Estimated cost: $85,000. Filed between Aug. 29 and Sept. 2. Midland Contracting, Bridgeport, contractor for Gabriel Ramos. Renovate the interior of an existing singlefamily residence and remodel the first floor at 346 Harlem Ave., Bridgeport. Estimated cost: $7,000. Filed Aug. 31. Morales, Martin, Bridgeport, contractor for Ren Hua Zheng. Rebuild the porch decks on an existing singlefamily residence at 43-45 Orland St., Bridgeport. Estimated cost: $6,000. Filed Aug. 26. Paige, Gary W., contractor for Christopher Zuraw and Pirrei Zuraw. Finish the basement in an existing singlefamily residence for a playroom at 77 Round Hill Road, Fairfield. Estimated cost: $14,400. Filed Sept. 1. Papaleo, Louis A., Stamford, contractor for self. Finish the attic in an existing single-family residence at 14 Holly Cove Circle, Stamford. Estimated cost: $10,000. Filed between Aug. 29 and Sept. 2.

FIGURES R & F Services, Trumbull, contractor for Watermark at 3030 Park. Renovate the interior of an existing singlefamily residence at 3030 Park Ave., Unit 9N-3, Bridgeport. Estimated cost: $36,000. Filed Aug. 29.

Vinylume Inc., contractor for Yu-Lin Tsao, Install vinyl siding in an existing single-family residence at 70 Vincent Ave., Stamford. Estimated cost: $27,340. Filed between Aug. 29 and Sept. 2.

Sears, Longwood, Fla., contractor for Nate Pettway. Replace the entry doors on an existing single-family residence at 927 Howard Ave., Bridgeport. Estimated cost: $6,992. Filed Sept. 1.

Vinylume Inc., contractor for James F. Bingham. Replace the windows in an existing single-family residence at 58 Vine Place, Stamford. Estimated cost: $31,031. Filed between Aug. 29 and Sept. 2.

Smith, Anastasia, et al., Stamford, contractor for self. Legalize the bedroom and bathroom in the attic of an existing single-family residence at 27 Kenilworth Drive East, Stamford. Estimated cost: $1. Filed between Aug. 29 and Sept. 2. Southern Connecticut Restoration LLC, contractor for Dominique Murrle, et al. Repair an existing singlefamily residence after fire damage at 118 Webb Ave., Stamford. Estimated cost: $50,000. Filed between Aug. 29 and Sept. 2. Strickly Home Improvement, Bridgeport, contractor for Miguel Meijas. Renovate the interior of an existing single-family residence and remodel the first floor at 144-146 Garden Drive, Bridgeport. Estimated cost: $20,060. Filed Sept. 2.

Peschko Construction LLC, contractor for Joseph Cioffi. Remodel the kitchen and master bathroom in an existing single-family residence at 1021 Fairfield Beach Road, Fairfield. Estimated cost: $35,000. Filed Aug. 29.

Suarez, Celin, Stamford, contractor for self. Finish a two-car garage at an existing two family dwelling at 46 Sherman St., Stamford. Estimated cost: $3,500. Filed between Aug. 29 and Sept. 2.

Phoeniz Renovation, Wallingford, contractor for Elezer Curet. Strip and reroof an existing single-family residence at 128 Bancroft Ave., Bridgeport. Estimated cost: $15,000. Filed Sept. 2.

Sullivan, John R., Fairfield, contractor for self. Construct a two and onehalf story dwelling and build a front and rear landing and stairs at 239 Edward St., Fairfield. Estimated cost: $150,000. Filed Aug. 31.

Power Home Remodeling Group LLC, Chester, Pa., contractor for Michael J. McNamara, et al. Replace the windows in an existing single-family residence at 276 Sun Dance Road, Stamford. Estimated cost: $34,298. Filed between Aug. 29 and Sept. 2.

Sunrun Installation Services Inc., contractor for Barbara Swicord, et al. Add solar panels to the roof of an existing single-family residence at 146 E. Hunting Ridge Road, Stamford. Estimated cost: $13,292. Filed between Aug. 29 and Sept. 2.

Power Home Remodeling Group LLC, Chester, Pa., contractor for Hugo Gutierrez, et al. Replace the windows in an existing single-family residence at 20 Berges Ave., Stamford. Estimated cost: $8,807. Filed between Aug. 29 and Sept. 2.

Sunrun Installation Services Inc., contractor for John G. Schumacher, et al. Add solar panels to the roof of an existing single-family residence at 39 Palmer Ave., Stamford. Estimated cost: $10,000. Filed between Aug. 29 and Sept. 2.

Power Home Remodeling Group LLC, Chester, Pa., contractor for Laura L. Gonzalez, et al. Strip and reroof an existing single-family residence at 52 Lu Manor Drive, Fairfield. Estimated cost: $18,710. Filed Sept. 1.

Tennaro, Lisa, Fairfield, contractor for self. Convert a laundry to a full bathroom at 906 Burr St., Fairfield. Estimated cost: $7,000. Filed Aug. 29.

Pre-Bilt Manufacturing LLC, contractor for Jonathan J. Satlin and Lauren Satlin. Add a two-car garage to an existing single-family residence at 332 Buena Vista Road, Fairfield. Estimated cost: $19,985. Filed Aug. 30.

24 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

THD at Home Services Inc., Shrewsbury, Mass., contractor for Satish Juware, et al. Replace the windows in a condominium unit at 15 First St., Unit 5, Stamford. Estimated cost: $2,800. Filed between Aug. 29 and Sept. 2. Vadas, James T., contractor for Alexander Torre-Tasso. Add an in-ground pool to the property of an existing single-family residence at 120 Oyster Road, Fairfield. Estimated cost: $34,500. Filed Aug. 31.

Wagner, Darren, Fairfield, contractor for self. Add a one-story porch to an existing single-family residence and remodel the kitchen at 863 Jennings Road, Fairfield. Estimated cost: $10,000. Filed Sept. 1. Wawrzacz, Jozef, contractor for Joshua H. Bilenker, et al. Renovate the front porch on an existing singlefamily residence at 57 Urban St., Stamford. Estimated cost: $8,000. Filed between Aug. 29 and Sept. 2.

COURT CASES 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 Brennan Associates General Partnership, et al., Trumbull. Filed by Lauren Corbo, Newtown. Plaintiff’s attorney: Delaney & Triplett PC, Wallingford. Action: The plaintiff has brought this personal injury suit against the defendants alleging that she slipped on a raised step on property owned by the defendants and sustained injury. This slippery condition was allegedly allowed to exist due to the negligence of the defendants and their employees in that they allowed their entrance to exist without an exterior landing between the sidewalk surface and the door. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FBT-cv166059122-S. Filed Sept. 2. Christina Builders, et al., Shelton. Filed by Ecological Energy Solutions LLC, Stamford. Plaintiff’s attorney: Randall J. Carreira, New Preston. 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 labor and materials provided. The plaintiff has declared the entire outstanding principal balance of $7,995 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages, interest, post-judgment interest, costs and such other and further relief as in law or equity the court may deem appropriate. Case no. FBTcv16-6059115-S. Filed Sept. 1.

Epifano Builders Inc., et al., Milford. Filed by L&W Supply Corp., North Haven. Plaintiff’s attorney: Green and Gross PC, Bridgeport. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they had failed to make timely payments to the plaintiff for a credit account. The plaintiff has declared the entire outstanding principal balance of $35,102 due and has made a demand for the balance, yet has not received payment. The plaintiff claims money damages, interest, attorney’s fees, costs and such further relief as in law or equity may appertain. Case no. FBT-cv166059126-S. Filed Sept. 2. Geico General Insurance Co., Hartford. Filed by Michael Saint Victor and Daisha Walker, Bridgeport. Plaintiffs’ attorney: De Lucia & Levine LLC, Bridgeport. Action: The plaintiffs have brought this motor vehicle suit against the defendant alleging that they 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 their injuries are the legal responsibilities of their insurance company, the defendant. The plaintiffs claim judgment and money damages in excess of $15,000, exclusive of interests and costs and such other relief as in law or equity may pertain. Case no. FBT-cv166059026-S. Filed Aug. 29. Geico General Insurance Co., Hartford. Filed by Drall F. Medor, Bridgeport. Plaintiff’s attorney: Thomas M. Yuditski, Bridgeport. 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 judgment and money damages in excess of $15,000, exclusive of interests and costs and such other relief as in law or equity may pertain. Case no. FBTcv16-6059068-S. Filed Aug. 30. Glocalt Inc., et al., Bridgeport. Filed by Ebon Coachman, Waterbury. Plaintiff’s attorney: Cooper Sevillano LLC, Bridgeport. Action: The plaintiff has brought this personal injury suit against the defendants alleging that he suffered injuries in an accident caused by the defendants when one of the umbrellas on the defendants’ patio flew off and struck the plaintiff. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs, punitive damages, costs of the suit incurred herein and such other and further relief as the court may deem just and proper. Case no. FBT-cv16-6059095-S. Filed Aug. 31.

DiVERSiTY I N

B U S I N E S S

THE INAUGURAL AND REGIONAL COMPETITION AND AWARDS PROGRAM

Many cultures, one business community.

Be part of this cultural diversity celebration — Nominate!* 50 people will be chosen from those nominated to be profiled in a special section to be published Dec. 19.

From late December through January, readers will then have an opportunity to select 5 of the 50 to be awarded in the categories of Standard-Bearer, Most Socially Conscious, Most Promising Millennial, Outstanding Entrepreneur and Visionary.

Nominate at: westfaironline.com/celebratingdiversity *Nominees must live or work in Westchester or Fairfield counties or the Hudson Valley. Nomination deadline: Oct. 5, 2016 For more information or questions, call Danielle Brody at (914) 358-0757, or email dbrody@westfairinc.com.

These will be awarded at an event in April.

WESTCHESTER & FAIRFIELD COUNTY

BUSINESS JOURNALS

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 25

FACTS Hartford Casualty Insurance Co., Hartford. Filed by Carmen Morales, Bridgeport. Plaintiff’s attorney: Miller, Rosnick, D’Amico, August & Butler PC, Bridgeport. 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 judgment and money damages in excess of $15,000, exclusive of interests and costs and such other relief as in law or equity may pertain. Case no. FBT-cv166059094-S. Filed Aug. 31. Hartford Fire Insurance Co., Hartford. Filed by Lakeyshea McKinney, Bridgeport. Plaintiff’s attorney: Thomas M. Yuditski, Bridgeport. 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 judgment and money damages in excess of $15,000, exclusive of interests and costs and such other relief as in law or equity may pertain. Case no. FBT-cv16-6059067-S. Filed Aug. 30. Oakview Condominium Association Inc., Norwalk. Filed by Frank Bachard, Bridgeport. Plaintiff’s attorney: Ventura, Ribeiro & Smith, Danbury. Action: The plaintiff has brought this personal injury suit against the defendant alleging that he slipped on a depressed, uneven and broken surface on the sidewalk owned by the defendant and sustained injury. This dangerous condition was allegedly allowed to exist due to the negligence of the defendant and its employees in that they failed to keep their sidewalk in a walkable condition. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FBT-cv16-6059130-S. Filed Sept. 2. Ocwen Loan Servicing LLC, Hartford. Filed by James M. Pascale, Bridgeport. Plaintiff’s attorney: Sherwood & Garlick PC, Westport. Action: The plaintiff has brought this breach of it had failed to provide the plaintiff with a release of the mortgage. The defendant has allegedly damaged the plaintiff by failing to file a timely release. The plaintiff claims money damages, interest, costs, punitive damages, statutory damages, attorney’s fees and any other legal and equitable relief this court may deem just and proper. Case no. FBT-cv166059088-S. Filed Aug. 31.

Progressive Direct Insurance Co., Hartford. Filed by Gretchen Cavaliere, Stratford. Plaintiff’s attorney: Czepiga & Soares LLC, Bridgeport. 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 judgment and money damages in excess of $15,000, exclusive of interests and costs and such other relief as in law or equity may pertain. Case no. FBT-cv16-6059022-S. Filed Aug. 29. Success Village Apartments Inc., North Haven. Filed by Frances Smith, Stratford. Plaintiff’s attorney: Cooper Sevillano LLC, Bridgeport. Action: The plaintiff has brought this personal injury suit against the defendant alleging that she slipped on a wet car mat on property owned by the defendant and sustained injury. This slippery condition was allegedly allowed to exist due tothe negligence of the defendant and its employees in that they failed to guard the mat against slipping. The plaintiff claims monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FBT-cv16-6059050-S. Filed Aug. 30. Yale University, New Haven. Filed by Tracy Surrick and Robert B. Surrick Jr., Fairfield. Plaintiffs’ attorney: Koskoff, Koskoff & Bieder PC, Fairfield. Action: The plaintiffs have brought this medical malpractice suit against the defendant alleging that it failed to properly monitor Tracy Surrick and failed to protect her aorta from injury during surgery. As a result, the plaintiff allegedly suffered from a loss of her leg above the knee. Robert Surrick Jr. is suing for loss of consortium. The plaintiffs claim monetary damages in excess of $15,000, exclusive of interests and costs and any further relief in law or equity which may appertain. Case no. FBT-cv16-6059037-S. Filed Aug. 29.

DANBURY SUPERIOR COURT Davey Audio Visual, et al., Bridgeport. Filed by Stefanie Santana, Danbury. Plaintiff’s attorney: Mitchell Proner, Proner & Proner, New York, N.Y. Action: The plaintiff has brought this personal injury suit against the defendants alleging that she tripped on a cord on the ground owned by the defendants and sustained injuries. This dangerous condition was allegedly allowed to exist due tothe negligence of the defendants and their employees in that they failed to place cord covers on their floor. The plaintiff claims monetary damages in excess of $15,000, punitive damages and any such other and further relief as the court deems appropriate. Case no. DBD-cv16-6020524-S. Filed Sept. 2.

Derm LLC, Danbury. Filed by Amy Singer, New Fairfield. Plaintiff’s attorney: Alan Barry Center for Law & Justice LLC, Danbury. Action: The plaintiff has brought this medical malpractice suit against the defendant alleging that it failed to properly inform the plaintiff of the risks of a chemical peel. As a result, plaintiff allegedly suffered thermal injury, full thickness burns and scarring on her face. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs and any further relief in law or equity, which may appertain. Case no. DBD-cv166020515-S. Filed Aug. 31. New Milford Sports Clubs LLC, Bethany. Filed by Hunter Purpora and Michelle Collins-Purpora, Sherman. Plaintiff’s attorney: Cooper Sevillano LLC, Bridgeport. Action: The plaintiffs have brought this personal injury suit against the defendant alleging that his child, Michelle, was crushed by a folding table that collapsed onto her and sliced her legs. This dangerous condition was allegedly allowed to exist due to the negligence of the defendant and its employees in that they failed to keep proper watch on the children who were playing. The plaintiffs claim monetary damages in excess of $15,000, exclusive of interest and costs. Case no. DBD-cv166020501-S. Filed Aug. 30.

STAMFORD SUPERIOR COURT Amphenol Corp., Hartford. Filed by Jacqueline Mixon, Stamford. Plaintiff’s attorney: Heneghan, Kennedy & Doyle LLC, Rocky Hill. Action: The plaintiff has brought this personal injury suit against the defendant alleging that she suffered injuries in an accident caused by the defendant when a compressor machine she was using failed and caused lacerations. As a result, the plaintiff allegedly suffered a lacerated thumb. The plaintiff claims monetary damages in excess of $15,000, exclusive of interests and costs, punitive damages, costs of the suit incurred herein and such other and further relief as the court may deem just and proper. Case no. FSTcv16-6029636-S. Filed Aug. 30. Bojadzic Masonry LLC, et al., Stamford. Filed by Tito Javier Martinez, et al., Hartford. Plaintiffs’ attorney: Peter Goselin, Hartford. Action: The plaintiffs have brought this breach of contract suit against the defendants alleging that they had failed to make timely wage payments to the plaintiffs for work performed. The plaintiffs have declared the entire outstanding balance due and have made a demand for the balance, yet have not received payment. The plaintiffs claim money damages, costs, liquidated damages, double damages, attorney’s fees, prejudgment interest, post-judgment interest and such other legal and equitable relief as the court deems appropriate. Case no. FST-cv16-6029620-S. Filed Aug. 29.

FIGURES Signature Pools Inc., Norwalk. Filed by Shari Lampert, Greenwich. Plaintiff’s attorney: Law Offices of Stephen J. Curley LLC, Stamford. Action: The plaintiff has brought this breach of contract suit against the defendant alleging that it had failed to properly winterize the plaintiff’s pool, resulting in damages. The plaintiff has made a demand for defendant to repair the pool, yet has not received the services. The plaintiff claims money damages, court costs and such other and further relief as the court deems just and proper. Case no. FST-cv166029665-S. Filed Aug. 31. The Loft Partners LLC, et al., Stamford. Filed by Quinn Caravella, Stamford. Plaintiff’s attorney: The Law Offices of Mark Sherman LLC, Stamford. Action: The plaintiff has brought this breach of contract suit against the defendants alleging that they had failed to make timely payments to the plaintiff for a salary as per oral contract. The defendants allegedly used the plaintiff’s absence from work as an opportunity to forbid the plaintiff to come to work and unilaterally controlling Loft LLC, which the plaintiff held a 50 percent stake in. The plaintiff claims compensatory damages, general and consequential damages, punitive damages, attorney’s fees, treble damages, costs and such further and other equitable relief as the court deems just and proper. Case no. FST-cv16-6029678-S. Filed Sept. 1.

DEEDS

COMMITTEE DEEDS Sanon, Michelle F., et al., Stratford. Appointed committee: Jennifer S. Krasnow, Stratford. Property: 1151 James St., Stratford. Amount: $177,110. Docket no. FBT-cv-12-6031120-S. Filed Sept. 1.

COMMERCIAL 120 Columbus LLC, Stamford. Seller: Anthony Malagisi and Lucia Malagisi, Stamford. Property: 120 Columbus Place, Unit 19, Stamford. Amount: $175,000. Filed Aug. 30. 154 Jefferson Street LLC, Staten Island, N.Y. Seller: Jefferson Property Group LLC, Stratford. Property: 154 Jefferson St., Bridgeport. Amount: $285,000. Filed Sept. 1. 176 Lewis LLC, Brooklyn, N.Y. Seller: Gladys Dodson Willis, Bridgeport. Property: 393 Laurel Ave., Unit 411, Bridgeport. Amount: $37,000. Filed Aug. 29. 176 Lewis LLC, Brooklyn, N.Y. Seller: Betti C. Jackson, Bridgeport. Property: 224 Texas Ave., Bridgeport. Amount: $43,000. Filed Sept. 1. 301 Riverside Westport LLC, Greenwich. Seller: Westport Real Estate LLC, Westport. Property: 301 Riverside Ave., Westport. Amount: $10.8 million. Filed Aug. 24.

26 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

389 Catherine LLC, New Rochelle, N.Y. Seller: U.S. Bank NA, Owensboro, Ky. Property: 772-776 Iranistan Ave., Bridgeport. Amount: $92,600. Filed Aug. 29.

Powari Associates LLC, Stamford. Seller: Bruce Lee Denker D.D.S., Stamford. Property: 125 Strawberry Hill Ave., Unit 303, Stamford. Amount: $215,000. Filed Aug. 29.

43 High Point Road LLC, Norwalk. Seller: Shelly M. Lipsett and Susan Lipsett, Norwalk. Property: 43 High Point Road, Westport. Amount: $675,000. Filed Sept. 1.

Rock Hall Gardens LLC, Bridgeport. Seller: Stephen J. Balint Jr., Bridgeport. Property: 109-111 Alfred St., Bridgeport. Amount: $250,000. Filed Aug. 23.

462 Poplar LLC, Bridgeport. Seller: The Bank of New York Mellon, Coral Gables, Fla. Property: 650-652 Dewey St., Bridgeport. Amount: $71,000. Filed Aug. 31.

Rock Hall Gardens LLC, Lawrence, N.Y. Seller: Philip DiMarino, Trumbull. Property: 246-248 Garfield Ave., Bridgeport. Amount: $220,000. Filed Aug. 29.

51 Avery Street LLC, Stamford. Seller: Peter C. Carriero and Gail R. Carriero, Stamford. Property: 51 Avery St., Stamford. Amount: $480,000. Filed Sept. 2.

S.S. Tile and Marble LLC, Bridgeport. Seller: U.S. Bank NA, West Palm Beach, Fla. Property: 314 Burnsford Ave., Bridgeport. Amount: $86,499. Filed Aug. 22.

77 Havemeyer Lane Unit 6 LLC, Greenwich. Seller: Gray Associates LLC, Stamford. Property: 77 Havemeyer Lane, Unit 6, Stamford. Amount: $10. Filed Aug. 22.

Sal Zitelli LLC, Stratford. Seller: 875 Barnum Avenue LLC, Stratford. Property: 875 Barnum Avenue Cutoff, Stratford. Amount: $70,000. Filed Aug. 22.

Brooklawn Contractors LLC, Westport. Seller: Richard Kornutik, Westport. Property: 12 Brooklawn Drive, Westport. Amount: $980,000. Filed Aug. 26.

Sound Cove Property LLC, Greenwich. Seller: Bais Binyomin Academy of Connecticut Inc., Stamford. Property: Unit 1-E, Map 6618, Stamford. Amount: $195,000. Filed Aug. 23.

Cartus Financial Corp., Danbury. Seller: Glen H. Campbell and June M. Campbell, Stamford. Property: Lot 19, Map 11484, Stamford. For no consideration paid. Filed Aug. 23.

Sovereign Realty One LP, Stamford. Seller: Keith Balentine, Darien. Property: Apt. 205 of Park View Condominium, Stamford. Amount: $120,000. Filed Aug. 26.

Creston Capital LLC, Stratford. Seller: U.S. Bank NA, Coppell, Texas. Property: 161 Breakers Lane, Stratford. Amount: $191,100. Filed Aug. 25.

Wagpants LLC, Woodbridge. Seller: Cumberland Properties LLC, Bridgeport. Property: 70 and 80 Hathaway Drive, Stratford. Amount: $745,000. Filed Sept. 2.

Grantees Blessed Assurance Inc., Stratford. Seller: Nicholas A. Gianquinto and Mary Babara Gianquinto, Stratford. Property: 316 Third Ave., Stratford. Amount: $279,900. Filed Aug. 31. Home Ventures Trust, Stratford. Seller: Federal Home Loan Mortgage Corp., Carrollton, Texas. Property: 80 Candlewood Road, Stratford. Amount: $320,000. Filed Sept. 2. J. Rose Properties LLC, New York, N.Y. Seller: Farzaneh Vaziri, Bridgeport. Property: 1929 Madison Ave., Bridgeport. Amount: $240,000. Filed Aug. 24. LFS Services LLC, Stratford. Seller: Susan Wotton, Stratford. Property: 845 Oronoque Lane, Stratford. Amount: $261,250. Filed Aug. 30. LH Holdings LLC, Woodmere, N.Y. Seller: Shaam LLC, Fairfield. Property: 760-768 Boston Ave., Bridgeport. Amount: $160,000. Filed Aug. 23. N&R Convenience LLC, Stamford. Seller: Bereket LLC, Bridgeport. Property: 4031 Main St., Bridgeport. Amount: $800,000. Filed Aug. 29. Oliveira Realty LLC, Bridgeport. Seller: U.S. Bank NA, Irving, Texas. Property: 25-27 Rosedale St., Bridgeport. Amount: $60,000. Filed Aug. 25.

RESIDENTIAL Adams, Caroline and David G. Adams, Bethpage, N.Y. Seller: Ronald M. Scutti and Heather D. Scutti, Stamford. Property: 91 Strawberry Hill Ave., Unit 122, Stamford. Amount: $188,000. Filed Aug. 29. Alford, Erika F. and Rahmani S. Alford, Elmhurst, N.Y. Seller: Sonia Pinheiro and Susan Ribeiro, Bridgeport. Property: 289 Cleveland Ave., Bridgeport. Amount: $225,000. Filed Aug. 24. Almeida, Emanuel F. and Victor F. Almeida, Yonkers, N.Y. Seller: Frederick M. Knize, New Canaan. Property: 106 Trowel St., Bridgeport. Amount: $135,000. Filed Aug. 29. Ansani, Guilherme, Bridgeport. Seller: Lamar J. Fedrick, Bridgeport. Property: 361 Truman St., Bridgeport. Amount: $159,000. Filed Aug. 29. Antigua, Julibert, Stratford. Seller: The Bank of New York Mellon, trustee, New York, N.Y. Property: 144 White St., Stratford. Amount: $80,000. Filed Aug. 26.

FACTS

FIGURES

Aragon, Miriam Elizabeth Cos and Byron Giovanni Rodriguez Lemus, Stamford. Seller: Debra R. Tischler, Stamford. Property: 166 Hamilton Ave., Stamford. Amount: $380,000. Filed Aug. 30.

Campbell, Georgia and Everton Campbell, Bridgeport. Seller: Curtis Fannin and Gwendolyn Fannin, Bridgeport. Property: 283 Saunders Ave., Bridgeport. Amount: $113,000. Filed Aug. 29.

Harris-Robinson, Tami E. and Clifford D. Robinson, Scarsdale, N.Y. Seller: 3 Hillandale LLC, Norwalk. Property: 3 Hillandale Road, Westport. Amount: $2 million. Filed Aug. 29.

Medley, Marshell Tenea and Stephan Flemens, Stamford. Seller: Brian Schuchart and Rebecca Schuchart, Stamford. Property: 37 Nelson St., Unit A, Stamford. Amount: $300,000. Filed Sept. 1.

Muniz, Wanda I. and Eduardo Santana, Stratford. Seller: Ronald C. Stook and June E. Stook, Stratford. Property: 399 Sherwood Place, Stratford. Amount: $250,000. Filed Aug. 30.

Armellino, Glenn, West Milford, N.J. Seller: Carol Wachter, Ryan Mudrick and Gail Persico, Monroe. Property: 45 Nichols Terrace, Stratford. Amount: $219,000. Filed Aug. 25.

Campbell, June M. and Glen H. Campbell, Stamford. Seller: Cartus Financial Corp., Danbury. Property: Lot 20, Map 11484, Stamford. For no consideration paid. Filed Aug. 23.

Henriques, David F., Stratford. Seller: Lourenco N. Fernandes and Maria M. Fernandes, Stratford. Property: 65 Third Ave., Stratford. Amount: $230,000. Filed Aug. 23.

Mendonca, Wesley Jose, Bridgeport. Seller: Marcos Ferreira, Bridgeport. Property: 33 Ives Court, Bridgeport. Amount: $40,000. Filed Aug. 29.

Munoz, Raul V. Chiroy, Bridgeport. Seller: Federal Home Loan Mortgage Corp., Carrollton, Texas. Property: 10 Tesiny Circle, Bridgeport. Amount: $152,500. Filed Aug. 31.

Plummer, Cheryl and Douglas Carr, Greenwich. Seller: Travis L. Rohring and Stefanie A. Rohring, Stamford. Property: 306 Erskine Road, Stamford. Amount: $705,000. Filed Aug. 25.

Balde, Wilner, Bridgeport. Seller: Fausto Santiago Castro and Maria Yolanda Vargas Andrade, Bridgeport. Property: 95 Hazelwood Ave., Bridgeport. Amount: $70,000. Filed Aug. 22.

Cardiello, Daniel and Aviania Iliadis, Stamford. Seller: Maureen A. Potter, Stamford. Property: Parcel B, Map 4304, Stamford. Amount: $438,500. Filed Aug. 25.

Henriques, Judy, Stamford. Seller: East Coast Renovators LLC, Stratford. Property: 36 Reitter St., Stratford. Amount: $286,500. Filed Sept. 2.

Murch, Robert S., Stamford. Seller: Robert S. Murch and Nancy J. Sears, Stamford. Property: Lot 8, Map 9854, Stamford. For no consideration paid. Filed Sept. 2.

Policastro Jr., Joseph L., Stamford. Seller: Laura J. Deveau, Stamford. Property: 2289 Bedford St., Unit 3, Stamford. Amount: $20,000. Filed Sept. 2.

Nemchek, Kyle D., Stamford. Seller: Walter O. Rebello, Orlando, Fla. Property: Unit 26 of Chesterfield II Condominium, Stamford. Amount: $410,000. Filed Aug. 31.

Vines, James L., Bridgeport. Seller: Judith Carr and Ishamel S. Carr, Bridgeport. Property: 118-120 Bond St., Bridgeport. Amount: $150,000. Filed Aug. 29.

Nushtayeva, Tetyana, Brooklyn, N.Y. Seller: Thomas E. Dellabitta, Marion. Property: 235 Lakeside Drive, Bridgeport. Amount: $279,000. Filed Aug. 30.

Vrana, Kelly and Brendan Chisholm, Stamford. Seller: Chandradip Ray and Madhu Ray, Wilton. Property: 850 E. Main St., Unit 411, Stamford. Amount: $382,500. Filed Aug. 26.

Omanoff, Cynthia Julia and Michael Omanoff, Tuckahoe, N.Y. Seller: James P. Taubner and Corinna W. Taubner, New Canaan. Property: 50 Hunting Lane, Stamford. Amount: $680,000. Filed Aug. 24.

Wang, Fang and Bing Xu, Westport. Seller: Gladys Millman, Fairfield. Property: Parcel X, Map 8641, Westport. Amount: $1.2 million. Filed Aug. 26.

Barbee, Tarrance, Bronx, N.Y. Seller: Christine Confrey and Christine C. DiMauro, Knoxville, Tenn. Property: 71 Strawberry Hill, Unit 1104, Stamford. Amount: $154,900. Filed Sept. 1. Barker, Christopher J., Bridgeport. Seller: Lucille Ferrer, Bridgeport. Property: 234 Nutmeg Road, Bridgeport. Amount: $135,000. Filed Aug. 31. Basile, Renato, Stamford. Seller: Fabio Basile and Renato Basile Jr., Stamford. Property: 59 Dartley St., Stamford. Amount: $1. Filed Aug. 24. Bauer, Judy and Neil Feldstein, New York, N.Y. Seller: John G. Shanahan and Lynn C. Shanahan, Westport. Property: 25 Old Hill Farms Road, Westport. Amount: $2.2 million. Filed Aug. 22. Beauchette, Marjorie, Norwalk. Seller: Norton Hazel, Stamford. Property: 31 Hillcrest Ave., Stamford. Amount: $390,000. Filed Aug. 25. Beg, Zeljka and Stjepan Beg, Stamford. Seller: Barbara Schmidt, Westport. Property: 2 Wilcox Lane, Westport. Amount: $1.2 million. Filed Aug. 23. Bolan-Marshall, Jenita and Richard Marshall, Bridgeport. Seller: Michael M. Walker, Milford. Property: 149 Oakwood St., Bridgeport. Amount: $209,000. Filed Sept. 1. Bonafide, Donna, Westport. Seller: Robert Bonafide, Westport. Property: 7 Grist Mill Lane, Westport. For no consideration paid. Filed Aug. 26. Brown, Jalicia and Jevon Grant, Yonkers, N.Y. Seller: Creston Capital LLC, Stratford. Property: 145 Walnut St., Stratford. Amount: $355,000. Filed Aug. 26. Bruno, Maria Christina, Southport. Seller: Christine Samuel and Frank Iovino, Bridgeport. Property: 7 Clarkson St., Bridgeport. Amount: $310,000. Filed Aug. 29. Camp, Cordell, Bridgeport. Seller: Faye D. Harris, Hills Borough, N.C. Property: 161 Infield St., Bridgeport. Amount: $167,000. Filed Aug. 31.

Carr, Catherine and James Carr, Norwalk. Seller: Barbara G. Vigars, Westport. Property: Lot C, Map 2666, Westport. Amount: $625,000. Filed Aug. 29. Carrasco, Alfida Del Carmen and Rodolfo Zequera, Bridgeport. Seller: Stanley Y. Chen and Annie W. Chen, Bridgeport. Property: Unit 184 of Candlelight Terrace, Bridgeport. Amount: $92,325. Filed Aug. 29.

Henry, Fiona, Stratford. Seller: Timothy E. Troy and Linda M. Troy, Stratford. Property: 219-221 California St., Stratford. Amount: $329,500. Filed Aug. 31. Herman, Dari Passarello and Steven Herman, New York, N.Y. Seller: Patrick J. Wilson and Steven J. Raucci, Westport. Property: 192 Long Lots Road, Westport. Amount: $2.4 million. Filed Aug. 25.

Carrena, Luis, Bridgeport. Seller: Olga Roman Cardona, Bridgeport. Property: 669-673 Ogden St., Bridgeport. Amount: $35,000. Filed Aug. 29.

Hubler, Kathleen E. and Wesley W. Hubler, Trumbull. Seller: Mary Ann Reichlen, Stratford. Property: Lot 15, Map 35, Stratford. Amount: $570,000. Filed Aug. 24.

Goens, Ann and Claudia Fascenelli, Hastings-on-Hudson, N.Y. Seller: 72 Dora Circle LLC, Bridgeport. Property: 72 Dora Circle, Bridgeport. Amount: $300,000. Filed Aug. 29.

Iovieno, Christine M. and Gaetano Iovieno, Greenwich. Seller: James A. Hodge, Stamford. Property: 175 Westwood Drive, Stamford. Amount: $320,000. Filed Aug. 31.

Goldberg, Neil, Norwalk. Seller: Cartus Financial Corp., Danbury. Property: 234 Butternut Lane, Stamford. Amount: $630,000. Filed Aug. 23.

Ippolito, Brianna R. and Robert A. Ippolito, Norwalk. Seller: Cunningham Properties III LLC, Southport. Property: 5 Cunningham Place, Westport. Amount: $667,500. Filed Aug. 26.

Gonzalez, Jose Castillo, Bridgeport. Seller: Mauria Mourao, Bridgeport. Property: Park Avenue, Bridgeport. Amount: $275,000. Filed Aug. 24. Griffin, Dyan L. and Christian D. Griffin, Stratford. Seller: Christian D. Griffin and Dyan L. Griffin, Stratford. Property: 95 Orchard Hill Drive, Stratford. For no consideration paid. Filed Aug. 29. Gurega, Richard R., Easton. Seller: 4 Surf Road LLC, Westport. Property: 4 Surf Road, Westport. Amount: $1.7 million. Filed Aug. 29. Gutierrez, Sonia L., Stamford. Seller: Francis J. Tanski Jr. and Joyce Ann Bender, Owings, Md. Property: 24-2 Courtland Ave., Stamford. Amount: $97,000. Filed Sept. 1. Hamilton, Deidreann, Bronx, N.Y. Seller: 15 North Lynwood Drive LLC, Bridgeport. Property: 145 Griffin Ave., Bridgeport. Amount: $255,000. Filed Aug. 22. Hansen, Christopher Kilbinger, Stamford. Seller: Patrick W. Williamson, Windermere, Fla. Property: 43 Harbor Drive, Unit 405, Stamford. Amount: $617,500. Filed Aug. 26.

Jenny, Jacques P. and Andrea D. Jenny, New York, N.Y. Seller: Alexandrina Sapunova, Stamford. Property: 57 Hemlock Drive, Stamford. Amount: $657,000. Filed Aug. 25. Mathur, Shubina and Tejwanth B. Mathur, Oxford. Seller: Raghu Krishnamoorthy and Bala Raghu Radhakrishnan, Westport. Property: Lots 19A and 22, Map 9714, Westport. Amount: $1.6 million. Filed Aug. 26. McBean, Kyle E., Bridgeport. Seller: Kasy Apartments LLC, Nanuet, N.Y. Property: 1913 Chopsey Hill Road, Bridgeport. Amount: $214,286. Filed Aug. 26. McGorty, Noreen M. and Bernard H. McGorty, Stratford. Seller: James Thomas Mohyde, Stratford. Property: 46 Shoreline Drive, Stratford. Amount: $255,000. Filed Aug. 22. McNelis, Jacqueline and Neil McNelis, Stamford. Seller: James Tierney and Carole Tierney, Stamford. Property: 39 Rachelle Ave., Stamford. Amount: $500,000. Filed Aug. 29.

Merina, Garry, Stamford. Seller: Jared Trippel, Stamford. Property: 15 Greenwich Ave., Unit 7, Stamford. Amount: $235,000. Filed Aug. 22. Meyer, Nancy L. and Paul A. Meyer, Stamford. Seller: David W. Stack and Claire M. Stack, Stamford. Property: 44 Alton Road, Stamford. Amount: $749,000. Filed Aug. 29. Mikolaiski, Marko, Oxford. Seller: Norman Davis, Westport. Property: Unit 4B of Courtland East, Stamford. Amount: $160,000. Filed Aug. 29. Milbin, Guy, Stratford. Seller: The Bank of New York Mellon, New York, N.Y. Property: 159 Reitter St., Stratford. Amount: $195,000. Filed Sept. 1. Minor, Kim, Bridgeport. Seller: DPK Investment Group LLC, Fairfield. Property: 107 Willow Ave., Stratford. Amount: $267,500. Filed Sept. 1. Mistretta, Cynthia and Daniel C. Mistretta, Stamford. Seller: Gary S. Lipman and Jeanmarie Eisenhardt, Stamford. Property: Lot 4, Map 12418, Stamford. Amount: $721,000. Filed Aug. 30. Mizrahi, Ana and Lazaro Pedroso Fernandez, Bridgeport. Seller: David Cabrera, Bridgeport. Property: 83 Seaver Circle, Bridgeport. Amount: $188,000. Filed Aug. 23. Molnar, Zoltan, Bridgeport. Seller: Rezso Hlacs and Eva Hlacs, Bridgeport. Property: 265 Seltsam Road, Bridgeport. Amount: $169,000. Filed Sept. 1. Moran, Stephanie and Haney Hilario, Stratford. Seller: Allison Lukowski, Stratford. Property: 161 Wood Ave., Stratford. Amount: $254,000. Filed Aug. 23. Morrison-Pagem Michelle, Stratford. Seller: Dorothy M. Mudrick, Stratford. Property: 280 Luanne Road, Stratford. Amount: $350,000. Filed Sept. 1. Morrissey, Michael P., Stratford. Seller: Ashley E. Donofrio, Stratford. Property: 125 Warner Hill Road, Unit 128, Stratford. Amount: $139,000. Filed Aug. 29. Mota, Mario, Bridgeport. Seller: Nationstar Mortgage LLC, Coppell, Texas. Property: 1628 Stratford Ave., Bridgeport. Amount: $32,500. Filed Aug. 29.

Ortega, Natalie S. and Michael Docimo, Stamford. Seller: Judy Henriques, Stamford. Property: 287 Hamilton Ave., Unit 2B, Stamford. Amount: $266,500. Filed Aug. 26. Ortiz, Elionel, Stratford. Seller: Irene Marek, Stratford. Property: 1417 W. Broad St., Stratford. Amount: $196,000. Filed Sept. 1. Ortiz, Jessica N. and Rafael D. Ortiz, New York, N.Y. Seller: Victor T. Enaye, Stratford. Property: 97 Henry St., Stratford. Amount: $195,200. Filed Aug. 29. Ottley, Stacey-Ann, Brooklyn, N.Y. Seller: Kingley Fox LLC, Bridgeport. Property: 60-62 King St., Bridgeport. Amount: $222,000. Filed Sept. 1. Owsnitzki, Gabriele and Jairo Rodriguez, Westport. Seller: Christine Rose Marra and Jesse Michael Dorigo, Westport. Property: 20 Highwood Road, Westport. Amount: $1.6 million. Filed Aug. 23. Pena, Francisco, Milford. Seller: U.S. Bank NA, West Palm Beach, Fla. Property: 123 Summerfield Ave., Bridgeport. Amount: $147,644. Filed Aug. 29. Perez, Janet and Juana Perez, Bridgeport. Seller: Cecile Dunkley Layne, Bridgeport. Property: 205 Pixlee Place, Bridgeport. Amount: $73,000. Filed Aug. 26. Pitt, Theresa and James Pitt III, Bridgeport. Seller: James Simmons Jr. and Regina L. Simmons, Bridgeport. Property: 399 Beechmont Ave., Bridgeport. Amount: $180,000. Filed Aug. 22.

Platt, Jane E. and David C. Platt, Fort Collins, Colo. Seller: Maureen K. Norris, Stratford. Property: 2170 Cutspring Road, Stratford. Amount: $405,000. Filed Aug. 31.

Wang, Xing and Xijian Sun, Wilton. Seller: Sir-I LLC, Westport. Property: 10 Broadview Road, Westport. Amount: $3.3 million. Filed Aug. 30. Webb, Barbara L. and Lisa I. Webb, Stratford. Seller: Michelle Smith, Stratford. Property: Lots 2 and 3, Map 278, Stratford. Amount: $265,000. Filed Aug. 22. Weiner, Ann S., Westport. Seller: Blithe Cunningham Dotson, Woodbury. Property: Lot 116, Map 99, Westport. Amount: $2.4 million. Filed Aug. 30. Wilson, Vanessa, New York, N.Y. Seller: John Michael S. Keen, Westport. Property: 284 S. Compo Road, Westport. Amount: $1.3 million. Filed Aug. 31. Wright, Heather, Stratford. Seller: Cemocan Yesil, Stratford. Property: 307 Hickory Woods Lane, Stratford. Amount: $210,000. Filed Sept. 1. Yar, Farah K. and Theo Singh, White Plains, N.Y. Seller: Ann C. Hill, Stamford. Property: 159 Wildwood Road, Stamford. Amount: $580,000. Filed Aug. 30. Zhu, Anna and Ching Lum, Norwalk. Seller: Irene G. Braziler, Westport. Property: 3 Spruce St., Westport. Amount: $1.1 million. Filed Aug. 22. Zuckerman, Mark J. and Samuel H. Zuckerman, Bridgeport. Seller: Federal Home Loan Mortgage Corp., Carrollton, Texas. Property: 325 Lafayette St., Unit 3103, Bridgeport. Amount: $59,900. Filed Aug. 23.

FAIRFIELD COUNTY BUSINESS JOURNAL â&#x20AC;˘ Week of Septebmer 19, 2016 27

FACTS FORECLOSURES Budnick, Craig B., et al. Creditor: Bank of America NA, Irvine, Calif. Property: 932 Riverton Terrace, Stratford. Mortgage default. Filed Aug. 31. Davis Sr., Dwayne, et al. Creditor: Bank of America NA, San Diego, Calif. Property: 165 Huntington Turnpike, Bridgeport. Mortgage default. Filed Aug. 23. Echevarria, Mariana, et al. Creditor: Wells Fargo Bank NA, San Antonio, Texas. Property: 385 Selstam Road, Bridgeport. Mortgage default. Filed Aug. 30. Garcia, Carmen, et al. Creditor: The Bank of New York Mellon, New York, N.Y. Property: 1185 Sylvan Ave., Bridgeport. Mortgage default. Filed Aug. 23. Hart, Marshall L., et al. Creditor: Deutsche Bank National Trust Co., West Palm Beach, Fla. Property: 310 Seabreeze Drive, Stratford. Mortgage default. Filed Aug. 23. Helfrich, Robert L., et al. Creditor: Bank of America NA, San Diego, Calif. Property: 80 Cartright St., Unit 8-F, Bridgeport. Delinquent common charges. Filed Aug. 29. Kilahala, Chegezo, et al. Creditor: The Bridgeport Wilmot Apartments Inc., Bridgeport. Property: 606 Wilmot Ave., Unit 6, Bridgeport. Delinquent common charges. Filed Aug. 25. Kiszkiel, Piotr, et al. Creditor: Green Tree Servicing LLC, Tampa, Fla. Property: 164 Briarfield Drive, Stratford. Mortgage default. Filed Aug. 31.

Zepeda, Jesus, et al. Creditor: Deutsche Bank National Trust Co., West Palm Beach, Fla. Property: 188190 Scofield Ave., Bridgeport. Delinquent common charges. Filed Aug. 31.

Lasko, Felicita, Stamford. $2,979 in favor of Midland Funding LLC, San Diego, Calif., by London & London, Newington. Property: 9 Alexandra Drive, Stamford. Filed Aug. 23.

JUDGMENTS

Matyasovszky, Cecilia, Stratford. $10,834 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 166 Meadowview Ave., Stratford. Filed Aug. 29.

Ayers, Judy, Stratford. $2,179 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 31 McGrath Court, Stratford. Filed Aug. 23. Baskin, Maeola, Bridgeport. $8,093 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 165 Harbor Ave., Bridgeport. Filed Aug. 31. Bonazzo, Louis, Stratford. $691 in favor of Midland Funding LLC, San Diego, Calif., by London & London, Newington. Property: 15 Glenn Drive, Stratford. Filed Aug. 24. Brown, Bernadette, Bridgeport. $15,472 in favor of Municipal Credit Union, Bronx, N.Y., by the Law Offices of Philip H. Monogan, Waterbury. Property: 324 Bunnell St., Bridgeport. Filed Aug. 22. Bustos, Tania, Bridgeport. $6,962 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 1911 North Ave., Bridgeport. Filed Aug. 31. Haley, Gary, Stratford. $4,869 in favor of Milford Hospital, Milford, by Flanagan & Peat, Danbury. Property: 239 Jackson Ave., Stratford. Filed Sept. 1.

Remgrit Realty Inc., et al. Creditor: City of Bridgeport. Property: 889 Barnum Ave., Bridgeport. Mortgage default. Filed Aug. 30.

Hall-Sanders, Cynthia, Bridgeport. $12,589 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 655 Soundview Ave., Bridgeport. Filed Aug. 31.

Richards, Sonia, et al. Creditor: Wells Fargo Bank NA, Columbus, Ohio. Property: 327 Sylvan Knoll Road, Unit 327, Stamford. Delinquent common charges. Filed Aug. 22.

Hilario, Luis, Bridgeport. $7,553 in favor of Family Dental Group C.A., Bridgeport, by Nathanson, Cipriano & Gambardella PC, Hamden. Property: 29 Fifth St., Bridgeport. Filed Aug. 31.

Rios, Evelyn, et al. Creditor: HSBC Bank USA NA, Coppell, Texas. Property: 39 Orange St., Unit M., Stamford. Delinquent common charges. Filed Aug. 31.

Inabinett, Cynthia and Elton H. Inabinett, Stamford. $7,825 in favor of Connecticut Light and Power Co., Stamford, by Gesmonde, Pietrosimone & Sgrignari LLC, Hamden. Property: 70 and 73 Stone St., Stamford. Filed Sept. 1.

Santos, Angela Dos, et al. Creditor: Wells Fargo Bank NA, Frederick, Md. Property: 25 Cartright St., Unit 5K, Bridgeport. Delinquent common charges. Filed Aug. 30. Sundheim, Edwin, et al. Creditor: U.S. Bank NA, Miamisburg, Ohio. Property: 780-782 Shelton St., Bridgeport. Delinquent common charges. Filed Aug. 23. Whalen, Susan A., et al. Creditor: Bank of America NA, San Diego, Calif. Property: 68 Janet Circle, Unit 12, Bridgeport. Delinquent common charges. Filed Aug. 24.

Inabinett, Cynthia, Stamford. $1,686 in favor of Midland Funding LLC, San Diego, Calif., by London & London, Newington. Property: Stone Street, Stamford. Filed Aug. 23. Kovalik, Vincent R., et al., Stratford. $18,931 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 5486 Main St., Stratford. Filed Aug. 29. Lasko, Felicita, Stamford. $2,176 in favor of Midland Funding LLC, San Diego, Calif., by London & London, Newington. Property: 9 Alexandra Drive, Stamford. Filed Aug. 23.

Nieves, Dorothy, Bridgeport. $14,887 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 45 Rockland St., Bridgeport. Filed Aug. 25. Peeler, Nicole, Bridgeport. $19,918 in favor of The Southern Gas Co., Orange, by Nair & Levin PC, Bloomfield. Property: 29 Leonard Drive, Bridgeport. Filed Aug. 31. Pettway, James F., Bridgeport. $13,258 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 49 Trowel St., Bridgeport. Filed Aug. 31. Pierce, Debra Beard, et al., Bridgeport. $1,543 in favor of Standard Security Systems, Bridgeport, by the Law Offices of Philip H. Monogan, Waterbury. Property: 444 Pond St., Bridgeport. Filed Aug. 22. Pina Jr., Kevin D., Bridgeport. $11,412 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 1100 Chopsey Hill Road, Bridgeport. Filed Aug. 31. Pronechen, Gary R., Bridgeport. $17,071 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 105 Kennedy Drive, Bridgeport. Filed Aug. 22. Ray, Bruce S., Stamford. $501 in favor of Standard Security Systems, Bridgeport, by the Law Offices of Philip H. Monagan, Waterbury. Property: 30 Grandview Ave., Stamford. Filed Aug. 26. Reynolds, Bernadette, Bridgeport. $16,531 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 515 Merritt St., Bridgeport. Filed Aug. 22. Shortridge, Ann, Stratford. $442 in favor of The Ob/Gyn Specialty Group, Bridgeport, by Flanagan & Peat, Danbury. Property: 25 Willard St., Stratford. Filed Sept. 1. Souza, Sebastian, Bridgeport. $847 in favor of Midland Funding LLC, San Diego, Calif., by London & London, Newington. Property: 706 Jewett Ave., Bridgeport. Filed Aug. 23. Velez, Maritza, Bridgeport. $3,266 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 200-A Beechwood Ave., Bridgeport. Filed Aug. 22.

28 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

FIGURES Wilcoz, Kizzy Jeter, Bridgeport. $12,111 in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 1492 North Ave., Unit 105, Bridgeport. Filed Aug. 31.

LEASES Garden Homes Residential Limited Partnership, by Richard K. Freedman. Landlord: Springdale Center Associates Limited Partnership, Stamford. Property: 1058-1090 Hope St., Stamford. Term: 25 years, commenced Dec. 5, 2013. Filed Aug. 22. Verizon Wireless, by Richard Polatas. Landlord: Aquarion Water Company of Connecticut. Property: Weed Hill Ave., Stamford. Term: 5 years, commenced July 5, 2016. Filed Aug. 22.

LIENS

FEDERAL TAX LIENSFILED Beer, Andrew D., 2 Hidden Hill Road, Westport. $36,159, a tax debt on income earned. Filed Aug. 29. Bell, Elizabeth C. and Scott R. Barr, 6 Sunrise Road, Westport. $23,183, a tax debt on income earned. Filed Aug. 29. Belta Jr., Karen and James Belta, 128 Bayberry Lane, Westport. $62,927, a tax debt on income earned. Filed Aug. 22. Connecticut Basement Systems Radon Inc., 720 Woodend Road, Stratford. $102,099, quarterly payroll taxes. Filed Aug. 22. Czoch, William, 117 Myrtle Ave., Apt. 3L, Stamford. $9,820, a tax debt on income earned. Filed Aug. 23. Goulden, Christopher, 125 Warner Hill Road, Unit 76, Stratford. $8,538, a tax debt on income earned. Filed Aug. 22. Guzman, Juan Carlos Morales, 312 Greenwich Ave., Apt. 3R, Stamford. $17,848, a tax debt on income earned. Filed Aug. 23. Loughran, Joseph P., 113 Old Logging Road, Stamford. $271, failure to collect or pay tax penalty. Filed Aug. 23. Loughran, Polly C. and Joseph P. Loughran, 113 Old Logging Road, Stamford. $46,963, a tax debt on income earned. Filed Aug. 23. Nicos Foreign Car Repairs Inc., 1285 High Ridge Road, Stamford. $27,742, quarterly payroll taxes. Filed Aug. 23.

One Stop Insurance Agency LLC, 863 Washington Blvd., Stamford. $36,837, quarterly payroll taxes. Filed Aug. 23. Sanchione, Frank A., P.O./ Box 273, Stratford. $27,344, a tax debt on income earned. Filed Aug. 29. Simmons, Aurelia F., 1200 Summer St., Unit 2, Stamford. $3,502, a tax debt on income earned. Filed Aug. 23.

FEDERAL TAX LIENSRELEASED Alzubi, Hasan, 299 Berkshire Ave., Apt. C5, Bridgeport. $30,352, a tax debt on income earned. Filed Aug. 31. Apollon, Francois H., 38 Dean St., Apt. 1, Stamford. $10,813, a tax debt on income earned. Filed Aug. 24. Colon, Maria M., 430 Grant St., Apt. 209, Bridgeport. $25,855, a tax debt on income earned. Filed Aug. 24. Forizs, Colleen and Michael Forizs, 51 Kenwood Ave., Bridgeport. $20,990, a tax debt on income earned. Filed Aug. 31. Greenridge-Johnson, Norma, 37 Orange St., Stamford. $30,182, a tax debt on income earned. Filed Aug. 29. Lenoce, Michael E., 16 Gault Park Drive, Westport. $90,806, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 15 Bushy Ridge Road, Westport. $17,591, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 15 Bushy Ridge Road, Westport. $19,918, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 16 Gault Park Drive, Westport. $17,997, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 16 Gault Park Drive, Westport. $20,957, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 16 Gault Park Drive, Westport. $41,894, a tax debt on income earned. Filed Aug. 22. Ross, Whitney L. and Michael E. Lenoce, 17 Webb Road, Westport. $46,011, a tax debt on income earned. Filed Aug. 29.

MECHANIC’S LIENSFILED Blois, Faith C., Stamford. Filed by Cheryl Carlin, Stamford. Property: Unit 4 of Cold Spring Manor Condominium, Stamford. Amount: $2,073. Filed Aug. 30.

University of Bridgeport, Bridgeport. Filed by Raymond Goduto Development LLC, Shelton, by Raymond Goduto. Property: 42 Rennell St., and 575-615 Atlantic St., Bridgeport. Amount: $50,000. Filed Aug. 22.

MECHANIC’S LIENSRELEASED Ray, Bridget, Westport. Released by L.H. Gault & Son Inc., Westport, by Steven Galyas. Property: 149 Riverside Ave., Westport. Amount: $8,951. Filed Sept. 1.

LIS PENDENS 2950 Madison Avenue I LLC, Bridgeport. Filed by Zeldes, Needle & Cooper PC, Bridgeport, for 3000 Madison Avenue Condominium Association Inc., Bridgeport. Property: 2950 Madison Ave., Unit F, Bridgeport. Action: to foreclose on an association lien for delinquent common charges and assessments and take immediate possession of the premises. Filed Aug. 31. Allen, Michael T., et al., Westport. Filed by Bendett and McHugh PC, Farmington, for Wells Fargo Bank NA, Frederick, Md. Property: 32 Regents Park, Westport. Action: to foreclose on a delinquent mortgage in the original principal amount of $722,273, dated June 2010. Filed Aug. 26. Ampson, Maudlyn and Winston V. Ampson, et al., Bridgeport. Filed by Marinosci Law Group PC, Warwick, R.I., for Wells Fargo Bank NA, Frederick, Md. Property: 149-151 Eagle St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $199,000, dated June 2007. Filed Aug. 24. Anyoha Associated LLC, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Merritt Medical Center Owners Corp. Property: 3715 Main St., Unit 402-403, Bridgeport. Action: to foreclose on a statutory lien for delinquent common charges and assessments and take immediate possession of the property. Filed Aug. 23. Berkey, Duane, et al., Westport. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Homebridge Financial Services Inc. Property: 6 Parsell Lane, Westport. Action: to foreclose on a delinquent mortgage in the original principal amount of $580,186, dated January 2012. Filed Aug. 23. Bolling, George, et al., Bridgeport. Filed by Leopold & Associates, Stamford, for HSBC Bank USA NA, Buffalo, N.Y. Property: 899-905 Hancock Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $245,000, dated July 2005. Filed Sept. 1. Brown, Edith, et al., Stratford. Filed by Bendett and McHugh PC, Farmington, for Wells Fargo Bank NA, Frederick, Md. Property: 63 McKinley Ave., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $100,000, dated November 2005. Filed Aug. 26.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 29

FACTS Carmona, Gloria, et al., Bridgeport. Filed by Marinosci Law Group PC, Warwick, R.I., for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 480 Wood Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $280,000, dated January 2006. Filed Aug. 24.

Dumeny, Jimmy N., et al., Bridgeport. Filed by Kapusta, Otzel & Averaimo, Milford, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 611 Capitol Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $132,400, dated December 2006. Filed Aug. 31.

Citibank NA, et al., Stamford. Filed by Gerald S. Knopf, Stamford, for Newfield East Townhouses Association Inc., Stamford. Property: Unit A9 of Newfield East Townhouses, Stamford. Action: to foreclose on a condominium lien for delinquent common charges and assessments and take immediate possession of the property. Filed Sept. 1.

Eitelberg, Susan Schneiderman, et al., Bridgeport. Filed by O’Connell, Attmore & Morris LLC, Hartford, for Bayview Loan Servicing, Coral Gables, Fla. Property: 496 W. McKinley Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $268,000, dated May 2007. Filed Aug. 31.

Damiani, Carmella, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Benchmark Municipal Tax Services Ltd. Property: 275 Harlem Ave., Bridgeport. Action: to foreclose on tax liens levied by the city of Bridgeport and take immediate possession of the premises. Filed Aug. 29. Dargan, William, et al., Bridgeport. Filed by Shechman Halperin Savage LLP, Pawtucket, R.I., for Carrington Mortgage Services LLC. Property: Unit 64 of Riverview Condominium, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $212,135, dated December 2007. Filed Aug. 31. Davidson, Paul M., Stratford. Filed by Bendett and McHugh PC, Farmington, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 69 Everett St., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $154,560, dated April 2010. Filed Aug. 31. Davis, Brinton L., et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Benchmark Municipal Tax Services Ltd. Property: 1017-1019 Howe Ave., Bridgeport. Action: to foreclose on tax liens levied by the city of Bridgeport and take immediate possession of the premises. Filed Aug. 29. Demers, Catherine T., et al., Stamford. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Deutsche Bank National Trust Co., Salt Lake City, Utah. Property: 637 Summer St., Unit 6, Stamford. Action: to foreclose on a delinquent mortgage in the original principal amount of $130,000, dated January 2005. Filed Aug. 23. Dobson, Jacqueline A., et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 156 Robert St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $151,400, dated January 2008. Filed Aug. 31.

Jones, Dennis, et al., Bridgeport. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Bayview Loan Servicing, Coral Gables, Fla. Property: 143 Livingston Place, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $262,515, dated March 2009. Filed Aug. 31. Kirby, Yolanda, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 144 Harral Ave., Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use charges and take immediate possession of the premises. Filed Aug. 29. Lambiase, Anthony J., et al., Bridgeport. Filed by Marinosci Law Group PC, Warwick, R.I., for Bank of America NA, Charlotte, N.C. Property: Unit 38 of Foxledge Condominium, Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $180,000, dated November 2009. Filed Aug. 24. Laria, Maria, et al., Stamford. Filed by Marinosci Law Group PC, Warwick, R.I., for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: Plot C, Map 6549, Stamford. Action: to foreclose on a delinquent mortgage in the original principal amount of $212,000, dated October 2003. Filed Aug. 26. Myers, Dorothy O., et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 89-90 Suggetts Lane, Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use charges and take immediate possession of the premises. Filed Aug. 23. Nieves, Miracle, et al., Stratford. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Bank of America NA, Charlotte, N.C. Property: 225 Edgewood St., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $212,087, dated September 2009. Filed Aug. 24.

FIGURES

O & G Industries Inc., et al., Stamford. Filed by Vincent J. Freccia III, Stamford, for the city of Stamford. Property: 17 Patience Way, Stamford. Action: to foreclose on a blight lien and take immediate possession of the property. Filed Aug. 23.

Sheikh, Mohsin, Bridgeport. Filed by Greene Law PC, Farmington, for VMF TL1 LLC. Property: 979 State St., Bridgeport. Action: to foreclose on tax liens levied by the city of Bridgeport and take immediate possession of the premises. Filed Aug. 29.

Palkimas, Richard R., et al., Stamford. Filed by Vincent J. Freccia III, Stamford, for the city of Stamford. Property: 350 Soundview Ave., Stamford. Action: to foreclose on a blight lien and take immediate possession of the property. Filed Aug. 23.

Singh, Antir, et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 1264-1266 E. Main St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $220,600, dated March 2006. Filed Aug. 23.

Peterson, Vickie M., et al., Bridgeport. Filed by Glass & Braus, Fairfield, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 312 Goddard Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $182,750, dated January 2006. Filed Aug. 29. Post Road Consulting LLC, Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Merritt Medical Center Owners Corp. Property: 3715 Main St., Bridgeport. Action: to foreclose on a statutory lien for delinquent common charges and assessments and take immediate possession of the property. Filed Aug. 23. Price, Kwame, et al., Stratford. Filed by Leopold & Associates, Stamford, for Wells Fargo Bank NA, Frederick, Md. Property: 60 Concord St., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $236,000, dated June 2004. Filed Aug. 22. Quattone, Rita, et al., Stratford. Filed by Bendett and McHugh PC, Farmington, for Reverse Mortgage Solutions Inc., Spring, Texas. Property: 95 Hitching Post Lane, Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $397,500, dated October 2013. Filed Aug. 29. Rojas, Manuel, Stamford. Filed by Kapusta, Otzel & Averaimo, Milford, for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 76 Noble St., Stamford. Action: to foreclose on a delinquent mortgage in the original principal amount of $544,000, dated July 2006. Filed Sept. 2. Roundtree, Erma Jean, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Benchmark Municipal Tax Services Ltd. Property: 44 Wentworth St., Bridgeport. Action: to foreclose on tax liens levied by the city of Bridgeport and take immediate possession of the premises. Filed Aug. 29. Ryan, Edris, et al., Bridgeport. Filed by Bendett and McHugh PC, Farmington, for Deutsche Bank National Trust Co., Salt Lake City, Utah. Property: 234-236-238 Berkshire Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $276,000, dated June 2006. Filed Aug. 31.

30 Week of September 19, 2016 • FAIRFIELD COUNTY BUSINESS JOURNAL

Spinelli, Paul, Bridgeport. Filed by Shechman Halperin Savage LLP, Pawtucket, R.I., for U.S. Bank NA, trustee, Salt Lake City, Utah. Property: 805807 Artic St., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $337,500, dated November 2006. Filed Aug. 31. Stancil, Major, et al., Bridgeport. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Wilmington Trust Co., Wilmington, Del. Property: 452 Union Ave., Bridgeport. Action: to foreclose on a delinquent mortgage in the original principal amount of $95,000, dated December 2003. Filed Aug. 23. The Bank of New York Mellon, trustee, New York, N.Y. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 75 Kevin Road, Bridgeport. Action: to foreclose on a sewer-use lien for nonpayment of sewer-use charges and take immediate possession of the premises. Filed Aug. 23. Veronica, Layne, Stratford. Filed by Bendett and McHugh PC, Farmington, for Federal National Mortgage Association, Washington, D.C. Property: 191 Chelsea St., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $180,000, dated July 2006. Filed Sept. 2. Walcott, Henry, et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Colonial Gardens Condominium Association Inc., Bridgeport. Property: 166 Chestnut St., Bridgeport. Action: to foreclose on a statutory lien for delinquent common charges and assessments and take immediate possession of the property. Filed Aug. 29. Walowitz, Francine J., et al., Bridgeport. Filed by The Law Offices of Juda J. Epstein, Bridgeport, for Benchmark Municipal Tax Services Ltd. Property: 2625 Park Ave., Unit 12J, Bridgeport. Action: to foreclose on tax liens levied by the city of Bridgeport and take immediate possession of the premises. Filed Aug. 29. Whelan, Mark, Stratford. Filed by Bendett and McHugh PC, Farmington, for Ventures Trust 2013. Property: 210 Knollwood Drive, Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $185,700, dated June 2007. Filed Aug. 22.

Zajac, Scott D., et al., Stratford. Filed by Hunt, Leibert & Jacobsen PC, Hartford, for Ditech Financial LLC. Property: 190 Marcroft St., Stratford. Action: to foreclose on a delinquent mortgage in the original principal amount of $237,000, dated June 2005. Filed Aug. 22.

MORTGAGES

AFX Properties LLC, Stamford, by Matthew Jackson. Lender: Piedmond Trust Co. Property: 20 Crescent St., Stamford. Amount: $734,402. Filed Aug. 23. Bluewater Burnham 42 LLC, Westport, by Robert F. Sprouls. Lender: Fairfield County Bank, Ridgefield. Property: 42 Burnham Hill Road, Westport. Amount: $1.7 million. Filed Aug. 31.

160 Fav LLC, Bridgeport, by Ferdinand H. Frassinelli. Lender: United Bank, Glastonbury. Property: 160 Fairfield Ave., Bridgeport. Amount: $170,000. Filed Aug. 29.

Creston Capital LLC, Stratford, by James Dawes. Lender: Pinnacle Financial Services LLC. Property: 161 Breakers Lane, Stratford. Amount: $198,000. Filed Aug. 25.

180 Hewitt Street LLC, Redding, by Szilvia Barnett. Lender: People’s United Bank NA, Bridgeport. Property: 180-182 Hewitt St., Bridgeport. Amount: $127,500. Filed Aug. 22.

Cross Country Equity LLC, Pleasant View, Utah, by Nate Mueller. Lender: Tri-Flan Investments LLC, Farmington, Utah. Property: 126 Exeter St., Bridgeport. Amount: $100,000. Filed Aug. 23.

2033 Fairfield Ave Associates LLC, Bridgeport, by William Malone. Lender: Fairfield County Bank, Ridgefield. Property: 2033 Fairfield Ave., Bridgeport. Amount: $213,750. Filed Aug. 22.

EK Partners LLC, Stamford, by Kimberly D. Gallagher. Lender: Silver Heights Development LLC, Stamford. Property: 34 Gurley Road, Stamford. Amount: $800,000. Filed Aug. 23.

2225 Main Street LLC, Stamford, by Anthony Kolich. Lender: Sterling National Bank, Montebello, N.Y. Property: 2209-2225 Main St., Bridgeport. Amount: $6.4 million. Filed Sept. 2.

Frontier Restoration LLC, Fairfield, by Edo Dostal. Lender: ABL One LLC, Hoboken, N.J. Property: 862-864 Lindley St., Bridgeport. Amount: $105,000. Filed Aug. 31.

285 Congress St. LLC, Bridgeport, by Vincent Curcio. Lender: Allegheny Casualty Co., Calabasas, Calif. Property: 285 Congress St., Bridgeport. For an unknown amount paid. Filed Aug. 22.

Granite Stamford Executive Center Holdings LLC, Newport Beach, Calif., by Sabal Financial Group LP. Lender: Citizens Bank NA, Providence, R.I. Property: 1111-1177 Summer St., Stamford. Amount: $64.9 million. Filed Aug. 30.

389 Catherine LLC, New Rochelle, N.Y., by Edo Dostal. Lender: Velocity Commercial Capital LLC, Westlake Village, Calif. Property: 49-51 Orange St., Bridgeport. Amount: $100,750. Filed Aug. 30.

Jemnam LLC, by Jonathan W. Moffly. Lender: First County Bank, Ridgefield. Property: 205 Main St., Westport. Amount: $157,500. Filed Aug. 29.

484 Pacific Partners LLC, New Canaan, by Paul Tully. Lender: Bankwell Bank, New Canaan. Property: 474 and 484 Pacific St., Stamford. Amount: $3.4 million. Filed Aug. 31.

Maple Lane Properties LLC, Westport, by Shaun Gagnon and Natalie Gagnon. Lender: Peter Ferraris and Eric P. Ferraris, Darien. Property: 45 Maple Lane, Westport. Amount: $227,000. Filed Sept. 1.

51 Avery Street LLC, Stamford, by Peter G. Carriero. Lender: Peter C. Carriero, Stamford. Property: 51 Avery St., Stamford. Amount: $296,814. Filed Sept. 2.

N & R Convenience LLC, Stamford, by Nicholas Russo. Lender: Bereket LLC, Bridgeport. Property: 4031 Main St., Bridgeport. Amount: $650,000. Filed Aug. 29.

590 Lordship Partners LLC, Stratford, by John Bria. Lender: Newtown Savings Bank, Newtown. Property: 590 Lordship Blvd., Stratford. Amount: $750,000. Filed Aug. 29.

S.S. Tile and Marble LLC, Trumbull, by Sidney Santos De Souza. Lender: Paul L. Gould, Felton, Calif. Property: 271 Summit St., Bridgeport. Amount: $75,000. Filed Aug. 24.

650 Dewey LLC, New Rochelle, N.Y., by Edo Dostal. Lender: Dominion Financial Services LLC, New Rochelle, N.Y. Property: 650-652 Dewey St., Bridgeport. Amount: $114,000. Filed Aug. 31.

Sal Zitelli LLC, Stratford, by Sal Sitelli. Lender: Antoinette S. Laureau, Stratford. Property: Barnum Avenue Cut-Off, Stratford. Amount: $40,000. Filed Aug. 22.

772 Iranistan LLC, Bridgeport, by Edo Dostal. Lender: Boardwalk 2001 LLC, Baltimore, Md. Property: 772-776 Iranistan Ave., Bridgeport. Amount: $92,000. Filed Aug. 29.

BUSINESS CONNECTIONS ECONOMY

Profitability up, but Businesses Bearish on Investment

ver two-thirds of Connecticut businesses showed a profit last year, a 10-year high, yet fewer than half plan to continue making investments in the state, according to a new survey. Published by CBIA and the accounting, tax, and consulting firm BlumShapiro, the 2016 Survey of Connecticut Businesses examines near-term outlook, export activities, workforce trends, technology investments, and legislative priorities. The survey showed that despite a slow economy and modest job growth, 68% of businesses recorded a profit in 2015, levels not seen since prior to the 2008 recession. Fifteen percent recorded a net loss, the same as last year and down from a 10-year high of 20% in 2011, while 17% broke even. However, while profitability levels finally returned to pre-recession levels, only 47% of all surveyed companies said they will continue to make job-creating investments in Connecticut. Businesses overwhelmingly expressed concerns with the volatile and unstable climate in state government.

confidence in the state, which will lead to muchneeded job-creating investments,” said CBIA president and CEO Joe Brennan.

long-term investment in the state,” said University of Hartford economist Susan Coleman.

More than a quarter (26%) say their company is considering shifting production or operations to another state within the next five years, and 31% are looking to set up new facilities outside the state. What’s behind those responses? Lower operating costs and taxes in other states, Connecticut’s heavy regulatory burden, the need to follow high net worth individuals who have left the state, and what one respondent termed the “hostile attitude of state government to business.” Nine out of 10 respondents agreed with the statement, “I feel that elected officials do not understand my business and its problems.”

“Major structural reforms are needed to get the state on a sustainable fiscal path.” Quinnipiac University economist Chris Ball noted that wealth and major companies were leaving the state, highlighting the critical need for a more business friendly environment. Norm Forest, the CEO of Ellington-based manufacturer Dymotek Corporation, and a panelist at today’s conference, was asked ‘Why Connecticut?’ “We’re committed to the state,” Forest answered. “We’ve been here a long time, we like living in Connecticut, but we have to fix some things to move forward.”

Business costs from government regulations and mandates (other than taxes)

79% 74%

Taxes Uncertainty and unpredictability of legislative decisionmaking

71%

Cost of living for yourself and your employees

69% 47%

Lack of skilled job applicants

20%

Transportation infrastructure Credit availability

Which of the following do you think hamper your firm’s ability to grow in Connecticut?

Broadband accessibility and capacity 5% The high cost of complying with government regulations and mandates was Fewer than one in 10 (8%) believe elected officials identified as the main obstacle to growth, cited “really care about helping my business.” by 79% of surveyed businesses. Those sentiments were echoed by many of the Taxes were a close second (74%), followed by speakers and 350 business leaders attending uncertainty or unpredictability surrounding The Connecticut Economy conference in Hartford legislative decision-making (71%), and the state’s September 9, where the survey was released. high cost of living (69%). “The high level of fiscal uncertainty, including “This survey shows that fiscal stability and Connecticut’s growing debt obligations, is hurting predictability are keys to restoring business

The 2008-2010 recession wiped out primarily high-wage jobs around the country, with Connecticut losing nearly 15,000 jobs in financial services alone. The state has yet to recover 100% of the jobs lost in the recession, and job creation by young companies has failed to return to pre-recession levels.

Much of the state’s post-recession employment gains are lower-wage jobs in industries like food services, hospitality, and healthcare, reflective of a national trend. The concern here, said CBIA economist Pete Gioia, is that Connecticut—traditionally a high-income, high-tax state—could become only the latter if these trends continue.

 Read more at cbia.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of Septebmer 19, 2016 31

Portrait by renowned illustrator Joseph Adolphe.

WILMINGTON TRUST RENOWNED INSIGHT

“You’ve built a strong team for your business. Have you done the same at home?”

Thomas C. Rogerson Senior Managing Director and Family Wealth Strategist

Tom is a recognized leader and pioneer in family governance, assisting families with communication, philanthropic vision, legacy planning, succession, and education. He incorporates these critical issues into a client’s comprehensive wealth management plan, helping not only to prepare the money for the family, but also to prepare the family for the money. For access to knowledgeable professionals like Tom and the rest of our team, contact Sharon Klein at 212-415-0547.

As a business owner, you likely spend time promoting a sense of teamwork, collaboration, and unity among your employees. But are you doing the same within your family? Establishing a strong sense of team at home is crucial if you hope to pass on your business to future generations. The dilemma. Parents in high-net-worth families face the challenge of preparing the next generation to tackle wealth-related issues, while also worrying about entitlement and lack of motivation. They often spend a great deal of time preparing their money for their family, but rarely focus on preparing their family for the money. Many business owners who come to us have fallen into this trap. We see them devoting significant resources to off-site company retreats, where abilities and shared values are identified, and the company’s mission for the future is discussed at length. But when asked if they are doing the same with their families, there’s likely silence and a shrug. Interdependence is often overlooked. By the time you realize that your family is fragmenting into a group of independent, self-interested individuals, it can be very difficult to reverse the trend.

The answer. We have a five-step process that can help you build a strong family team, and it’s based on some of the same tools you’d use within your company. It involves education, communication, shared values, philanthropy, and governance. The tools and strategies employed at each stage can help families start encouraging the skills needed to make positive, intelligent decisions regarding family wealth long into the future.

90% O F H I G H - N E T- W O R T H FA M I L I E S L O S E T H E I R W E A LT H B Y T H E T H I R D G E N E R AT I O N Source: The Williams Group Wealth Consultancy

Wilmington Trust has extensive experience helping successful business owners and their families develop critical communication skills and build family unity. For insight into how we can help you create your own “home team advantage,” visit wilmingtontrust.com/nextgen.

F I D U C I A R Y S E R V I C E S | W E A LT H P L A N N I N G | I N V E S T M E N T M A N A G E M E N T | P R I VAT E B A N K I N G

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. ©2016 Wilmington Trust Corporation and its affiliates. All rights reserved.

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