FAIRFIELD COUNTY
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Insurance carrier enrollment drops 11 percent
FCBJ TODAY Deciphering the rhetoric on the edge of the cliff … 2 Reinventing Ethan Allan – by chance and by plan … 3 In the field: deaths stun Connecticut businesses … 8 When in doubt, throw it out – Connecticut blackout edition? 10 The early returns on $1B in renewable power generation … 11 A new Connecticut startup for your contacts app … 14 The List: Square feet gone exponential … 20
BY ALEXANDER SOULE
casoule@westfairinc.com
I
n a possible indictment of federal health reform in Connecticut, private insurance carriers covered 320,000 fewer people in 2011 – an 11 percent drop. The decline was driven by Aetna Inc. and UnitedHealth Group and its Oxford Health
Plans subsidiary, which combined reported about a 70 percent drop in their plan enrollment in Connecticut – if factoring in the Health Net members UnitedHealth had the option of inheriting following its acquisition of Health Net’s Northeast subsidiaries three years ago. Aetna spokeswoman Susan Millerick questioned the significant drop reported in the
pgallagher@westfairinc.com
Gold coastal property: Carter’s to fold Shelton office … 24 DOT strategy on design-build: go slow … 25
BY JOHN GOLDEN
jgolden@westfairinc.com
MEDIA PARTNER
China’s transition to a consumer economy and its aim to sustain itself as a major global trading power offers a wealth of opportunities for U.S. businesses willing to risk lax enforcement of intellectual property laws and navigate local regulatory and cultural channels to sell their products and services there.
Insurance, page 6
BY PATRICK GALLAGHER
Paul B. Edelberg
Robbin Price
state’s official figures, but offered no theory as to why the Connecticut Insurance Department count would be inaccurate. She attributed some of the company’s decline to Aetna discontinuing its participation in the Connecticut HUSKY plan for lowincome residents, after it was restructured to
eBrevia closes on $400K in financing
China eager for U.S. business
Special report: AvalonBay vets set Spinnaker on renewed residential tack … 22
Also … “Are there magic solutions? I’m afraid not. Are there sacrifices to be made? I’m afraid so.” 2
October 22, 2012 | VOL. 48, No. 43
Steven L. Henning
So a panel of China trade and banking experts told a business audience from Fairfield County and New York’s Westchester County at a recent discussion on selling into the China market. The breakfast event was hosted by HSBC and the Westchester County Business Journal at the Hilton Westchester in Rye Brook. Exports from the U.S. to China grew 542 percent from 2000 to 2011, according China, page 6
C
oming off a successful pitch to investors at the DEMO 2012 conference in California, Stamford e-commerce startup eBrevia L.L.C. is close to completing an initial round of fundraising and plans to launch its legal technology platform in the next four months. After teaming with researchers at Columbia University in September 2011 to develop a software platform aimed at expediting the legal review process for corporate mergers and acquisitions, the company is close to securing $400,000 in initial financing, said Ned Gannon, eBrevia co-founder and CEO. “We’ve gotten a number of commitments and we’re hoping to close that in the near future,” Gannon said. “Broadly speaking, we’re going to complete product development and then launch and market the software. We’re contemplating that will occur within approximately four months.” As a corporate attorney, Gannon has seen firsthand the amount of time and money firms devote to vetting mergers and acquisitions. He approached former Harvard Law School classmate Adam Nguyen about pioneering a solueBrevia, page 6
Tales from the edge • 5
Concerns grow as candidates dodge ‘cliff’
Neil Cavuto, managing editor of business news and senior vice president of Fox News Channel.
BY PATRICK GALLAGHER
pgallagher@westfairinc.com
A
s voters and the media attempt to decipher every speech, debate and poll leading up to Nov. 6, TV anchor and commentator Neil Cavuto says business leaders are focused on the one issue neither candidate has broached: the fiscal cliff. Up to the eve of the second debate between President Obama and Republican nominee Mitt Romney, the two campaigns have sparred over how best to spur job creation and boost
BY ALEXANDER SOULE
ronment, I would be very, very worried. I wouldn’t get more optimistic until these guys are.” While Romney experienced a significant bump up in national and swing-state polls following the first debate, Cavuto downplayed the outcome, saying that debates initially favor the challenger and that the electoral climate can change rapidly in the final weeks prior to an election. “History itself is decided by events that no one saw coming,” he said. “I don’t think anyone could have predicted (before the first debate) that Mitt Romney would come out firing on all cylinders.” However, he added, “It’s always the challenger who benefits in these things unless he totally screws up, because so much is expected of the incumbent.” In the end, he said the onus falls on the candidates to convert voters who favor their opponent. “This argument that there are very few minds that can be made up because there are so few voters who are undecided ... I think there are many more than you would expect, on both sides,” Cavuto said. “What I’m saying is that whatever the consensus is for the moment, A, it’s for the moment, and B, it’s probably wrong.”
‘Are there sacrifices to be made?’
casoule@westfairinc.com
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the middle class, where the future lies for the Affordable Care Act and Dodd-Frank, and whether the Obama administration’s foreign policy has been tentative or prudent. What has been conspicuously absent is any discussion over the ramifications of what could amount to a “financial Armageddon,” said Cavuto, managing editor of business news and senior vice president of Fox News Channel. “It’s just around the holidays that we could be facing holy hell and nobody’s talking about it,” said Cavuto, who grew up in Danbury and anchors three programs on Fox’s family of
networks. Cavuto thwarted the notion that business owners and top executives lean to the right, contending instead that they will favor whichever candidate’s policy proposals would be most beneficial to their respective company. The problem, he said, is that to date, neither Obama nor Romney has provided a specific framework for how they would address the fiscal cliff represented by the expiration of roughly 40 tax measures and by the sequestration cuts that will affect defense and discretionary spending. “In the business world, these guys aren’t red or blue: they’re green. It’s about ‘How can I make money?’” Cavuto said. “What concerns them the most is the inability of Washington to get their act together. It’s this fear of the unknown – what regulations are coming, whether taxes are going up.” Despite recent polls and surveys that suggest an increase in optimism among consumers, behind the scenes and off camera, business leaders are scared, Cavuto said. “I would worry if my boss isn’t feeling that great and I think people should as well, because what they seem to be signaling is when they’re anxious, they’re not going to expand, they’re not going to hire more workers,” he said. “So in that envi-
hen former governor and Republican Lowell P. Weicker Jr. whacked Connecticut with its first-ever state income tax after winning the 1990 election, two years later the state could hold a referendum on the new tax via the 1992 Connecticut General Assembly campaigns. The verdict on election day? No change in the state Senate – and one extra seat for Republicans in the Connecticut House of Representatives. As Connecticut General Assembly members stand for reelection in 2012, history provides a little guidance for how Connecticut voters might react to the bitter medicine administered by Gov. Dannel P. Malloy – state taxes increasing by a reported $1.8 billion, softened slightly by targeted tax breaks on low-income earners through a new earned-income tax credit, and for some businesses via a range of tax incentive programs. Voters largely knew what they were getting by electing Malloy over Republican Tom Foley two years ago, with Malloy never refuting Foley’s statements that he would
raise taxes, if often expressing distaste at the thought of hiking them. With one season of the new tax regime under their belt, voters get their first crack at issuing their own verdict on Malloy’s plan to balance Connecticut’s budget and enact his priorities for the state, through the Connecticut General Assembly races to be decided Nov. 6. “When I became governor I was handed a … budget that had a $3.6 billion deficit – structural deficit – representing 17 percent of total revenue,” Malloy said, speaking in mid-October in East Hartford. “It was too big to cut our way out and too big to tax our way out. We simply had to do a little bit of both and we had to change our relationship with our state employees. We’ve been successful on all of those fronts. “It’s painful,” he added. “If you are paying a little extra money out of your pockets, I understand. But there was no way that Connecticut could downsize itself by 17 percent of total expenditures at a time that the trajectory for social services … was driving out expenses substantially higher.” If history is any judge, it might be business as usual in Hartford next January. The best analogy for next month’s election could be the campaign of 1992, with Connecticut
2 Week of October 22, 2012 • Fairfield County Business Journal
General Assembly members running in the wake of Weicker’s new income tax – with Weicker himself campaigning against the tax while leading a new, independent Connecticut Party during that campaign season, then pushing it through after taking office when confronted with the realities of the state’s budget. In a day when the state legislature included names like current U.S. Rep. John Larson, Lt. Gov. Nancy Wyman and Attorney General George Jepsen, entering the 1992 session Larson was frank about the realities facing members confronting an $8 billion deficit. “Are there magic solutions? I’m afraid not,” Larson said at the time. “Are there sacrifices to be made? I’m afraid so.” Twenty years later, the question becomes whether any Connecticut General Assembly members will have sacrificed their seats in voting for Malloy’s 2011-2012 budget and the taxes they levied. Regardless of the outcome of this year’s Connecticut General Assembly races, for Malloy the 2014 campaign essentially begins in January with the new, two-year legislative session. In crafting his coming “state of the state” speech, Malloy might want to borrow a page or two from Weicker’s own words two
decades ago, which still resonate today. “Everybody says to me in one form or another … ‘You know, this is a political year and therefore you’ve got to sort of put it on the backburner, the solutions – you’ve got to wait until we get through this political year,’” Weicker said. “Are the other 49 states who are trying to grab our businesses out of Connecticut – are they waiting? I think it’s the philosophical and political agendas that best wait in face of the toughest game of life that’s been played in this state for a long time. Let the reality of Connecticut be the arbiter of our policy. For my part, my heart and hand are open anew to every one of you in this General Assembly. Many of us in terms of lawmaking butted heads last year. That’s 1991. That’s water over the dam. We have new challenges, a new year, and I ask that we make common cause against threats of economic devastation, government spending gone amuck, and children forgotten.” For his part, Malloy acknowledged Connecticut’s economy is not picking up as fast as he had hoped. “I can tell you we have no intention of raising taxes,” Malloy said. “We are doing everything in our power to work on a budget that we’ll present in February that does not reflect additional taxes.”
RDS_FCBJad_Sep12_3Bldgs:RDS_FCBJad_Sep12_3Bldgs
Ethan Allen reinvents itself at 80
9/17/12
11:31 AM
Page 1
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88 Long Hill Cross Road Shelton, Connecticut Industrial/Warehouse Space 12,000 Sq. Ft. 16’ ceiling height Loading dock Minutes from Exit #12 of Route 8 Ethan Allen Interiors Inc. CEO and Chairman Farooq Kathwari is commended by Danbury Mayor Mark Boughton. Photo courtesy of Ethan Allen.
BY PATRICK GALLAGHER
pgallagher@westfairinc.com
E
ighty years ago, Ethan Allen was founded in the shadow of the worst financial crisis ever witnessed by the United States. As the Danbury furniture giant marks its 80th anniversary this month, it confronts what has been one of the slowest economic recoveries in the U.S. since the Great Depression. “But,” said Ethan Allen Interiors Inc. CEO and Chairman Farooq Kathwari, “crisis does create an opportunity.” Over the past several years, Ethan Allen, which designs, manufactures and markets all of its products, has hired more than 800 interior designers – many of whom were unable to sustain their own businesses following the 2008 financial crisis – and overhauled more than 60 percent of its product lines, Kathwari told the Business Journal. “If you are around for 80 years, you’re either reinvented by chance or by plan. We have done both, but more of the latter,” he said. “Over the last three years we have experienced a tremendous amount of progress. ... If this great recession hadn’t taken place, we wouldn’t have done all that.” Ethan Allen management has also placed an emphasis on custom-designed furniture, or what Kathwari calls “luxury made affordable.” In the past, Ethan Allen would manufacture several hundred identical furniture pieces at a time, but over the last three and a half years, Kathwari said the company has substituted large-scale production runs with furniture pieces that are customdesigned by each individual consumer. “In this age of commoditization,
we’re going to provide what we call luxury that is affordable,” Kathwari said. “Customization at excellent prices is a luxury, and that’s what we’re doing.” The adjustments appear to have paid off. In its 2012 fiscal year, which ended June 30, Ethan Allen earned $49.7 million, or $1.71 per share, up nearly 70 percent compared with fiscal year 2011 earnings of $29.3 million, or $1.01 per share. Net sales for the 12 months ending June 30 increased to $729 million from $679 million for the 12 months ending June 30, 2011, representing an increase of 7.4 percent. Kathwari also touted the company’s expansion internationally, with 73 locations in China, and plans to open retail locations in Montreal and Brussels over the next several months. “You constantly have to keep on reinventing,” he said. That mantra was instilled by Ethan Allen co-founder Nathan Ancell, who preceded Kathwari as chairman and CEO and moved the company’s headquarters from New York City to Danbury in 1972. “At that time, I talked to him (Ancell) and I asked him, ‘Why Danbury?’” Kathwari said. “He said we want to be close to New York but away from the New York culture – that we want to be in a community that takes a lot of pride in what they do and that the people who would be associated with us would be part of the Danbury area.” Kathwari said he has noted a “tremendous amount of growth” in the Danbury area since Ethan Allen first arrived there. “In Danbury, I see the benefits of having great people with a tremendous amount of pride in what they do and tremendous pride in the community.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012
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PERSPECTIVES ‘The recovery could turn out stronger than expected’ The following are excerpts from Federal Reserve Bank of New York President William Dudley’s prepared remarks Oct. 15 at the National Association for Business Economics annual meeting in New York City, addressing reasons for the disappointing economic recovery and tools yet available to policymakers. So why has the recovery disappointed? One possibility is that the negative dynamics of a post-bubble environment are even more potent than had been appreciated. Feedback loops may be more powerful and frictions may be larger. In the U.S. case, this is particularly germane with respect to housing and mortgage finance. For example, we have found significant shortcomings in those institutional structures available to support the workout of the overhang of mortgage debt in an efficient and timely manner. A second reason may be the series of additional negative shocks experienced since the initial phase of the financial crisis. The largest of these relate to the crisis in the eurozone, but one could also add the periodic commodity price shocks; the disruptive impact of the tragic Japanese earthquake and tsunami on global trade and production; and the effect of the uncertainties around the impending fiscal cliff on hiring and investing. That said, the shocks since the acute phase of the crisis in the United States were not uniformly negative. Take, for example, the sharp increase in U.S. oil and natural gas production stemming, in part, from the innovations in drilling and extraction technologies. Not only does this rising production directly boost real GDP, but also the large drop in natural gas prices has significantly improved the industrial competitiveness of U.S.-based businesses. A third reason for the weaker than expected recovery likely lies in the interplay between secular and cyclical factors. In particular, I believe that demographic factors have played a role. … In the United States, for example, the baby boom generation, which is a particularly large cohort, is now beginning to retire. As the population ages, this has two consequences: first, the spending decisions of the older age cohorts are less likely to be easily stimulated by monetary policy. That is because such age groups tend to spend less of their incomes on consumer durables and housing. Second, as the population ages and the number of retirees climbs, the costs associated with
Social Security, government pensions and health-care retirement benefits increase. This creates budgetary pressure and leads to a choice of raising revenue to fund these costs, cutting other government programs, or cutting benefits. … A fourth reason … may be that we overestimated the capacity for fiscal policy to continue to provide support to growth until a vigorous recovery was achieved. On the fiscal side, the authorities can cut taxes or increase spending to support income and demand during the deleveraging phase that follows the financial crisis. But the ability of such stimulus to continue to support economic activity ultimately encounters budgetary limits. For example, the need to keep the long-term fiscal trajectory on a sustainable path limits the size and duration of federal fiscal stimulus measures. For state and local governments, the statutory requirements for balanced budgets meant that fiscal policies turned restrictive relatively quickly once budget surpluses and rainy-day funds were exhausted, and this was only temporarily mitigated by federal transfers to the states as part of the initial fiscal stimulus program. Fiscal policy is now a drag rather than a support to growth in the United States and this will likely continue. … I would add a fifth, monetary policy, while highly accommodative by historic standards, may still not have been sufficiently accommodative given the economic circumstances. … One reason that monetary policy may have been less powerful than normal is that one of the primary channels through which monetary policy influences the real economy – housing finance – has been partially impaired. This has both quantity and price dimensions. Credit availability to households with lower-rated credit scores remains limited and households with homes that have fallen sharply in value have lost most or all of their home equity and this makes it very difficult for them to refinance these mortgages. …
Monetary policy is not a panacea Although I favor an aggressive monetary policy in the current situation, I also recognize that monetary policy is not a panacea. We all know … that while monetary policy can help the economy return to full employment following a shock, the full employment level of output, employment and real income depends on factors outside of monetary policy … Congress and the White House should take steps that reduce the short-term and
4 Week of October 22, 2012 • Fairfield County Business Journal
long-term uncertainty over fiscal policy. Currently, households and businesses face elevated short-term uncertainty as to what will happen to tax and spending policies in 2013 and how this will affect the economic outlook. I believe this is restraining hiring and investment today. But families and businesses also face long-term uncertainty about how the country’s fiscal challenges will be addressed. Providing greater clarity about the scope and terms of Social Security and Medicare must be helpful, especially in correcting those expectations that are unduly pessimistic. On this score, Social Security is particularly noteworthy. According to a 2011 Pew Research Center poll, more than 40 percent of people aged 18-30 believe they will receive no retirement income from Social Security, even though Social Security receipts are estimated to equal about 75 percent of benefits on a sustainable basis under the current regime. Congress and the White House should enact a fiscal program that starts with mild restraint, but credibly builds that restraint over time so as to put the nation’s debt burden on a clearly sustainable course. … Let me briefly mention a few steps that could be taken to increase the economy’s potential over time – immigration policies that attract workers with scarce skills to the United States; education policies and job retraining programs that build and replenish human capital; spending on infrastructure to remove bottlenecks; tax simplification and the elimination of tax policies that distort investment and saving decisions; regulatory policies that are attentive to costs and benefits and that emphasize getting the incentives right. … Although the outlook for the U.S. economy remains somewhat cloudy as we look into 2013, I remain a long-run optimist about where we are headed. The long-term prospects of the US economy are excellent. The United States leads the world in higher education, technology and innovation and has recently acquired new comparative advantages in energy. We have an exceptionally dynamic labor market, high rates of entrepreneurialism, competitive product markets, and a well-capitalized financial system that relentlessly reallocates capital from one sector to the next in search of higher returns. Even over the next few years, while there are significant downside risks relating to the fiscal cliff and the eurozone, it is possible that the recovery could turn out stronger than expected.
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Spine-tingling entrepreneur tales
Manish Chowdhary, CEO of GoECart
BY JENNIFER BISSELL
jbissell@westfairinc.com
A
s the saying goes, from failure comes success – and for Neil Rosen and Manish Chowdhary, the saying certainly holds true. Both were able to emerge from the ashes of their failing businesses with stronger and more profitable business models.
Embracing the scary side of entrepreneurship, Rosen and Chowdhary were the keynote speakers Oct. 11 for a “Tales from the Crypt” networking event in Bridgeport. “Tales from the Crypt” was the third entrepreneurial networking event held by University of Bridgeport Innovators Series, which is aimed at bringing together entrepreneurs to spur new businesses and innovation. The next event, which will discuss
pitches and elevator speeches, will be held Nov. 14 at the Arnold Bernhard Center’s Art Gallery in Bridgeport. “The economy as we know it has changed,” said Mary-Jane Foster, UB vice president of university relations, explaining why the series was founded earlier this year. “There are doors opening around innovation,” she said. “The more you engage, the more likely you are to create it.” Admitting his business has had some failures in the past, Rosen said the key to a successful enterprise is taking risks, which are “always financial.” About 10 years ago, Rosen founded eWayDirect as a self-funded email marketing company and was off to a great start. The business was profitable and had great long-term growth ahead of itself. However, the Southport-based company wasn’t the only business to see opportunity in email marketing. In just one year, the market became flooded with competition. The company’s revenue dropped 30 percent in a year and went from 12 competitors to more than 1,000 – many of which were well-funded venture capital projects with $1 million budgets. With big budgets, companies are able to take more risks, Rosen said. Taking risks
means more opportunities, which is why Rosen was prepared to spend money looking for alternative business paths. Though his company’s product had originally been successful, Rosen had always budgeted for explorative side projects – and one of them ultimately saved the company. It was a service to help companies build better email customer lists, so that the email marketing service was more effective. The service rejuvenated the business and opened a door into the marketplace again. Similarly, Chowdhary, CEO of GoECart, said his company has had many bumps along the road. Forming GoECart out of his University of Bridgeport dorm room 12 years ago, the company started out building computer systems for college students and today it helps businesses effectively sell their products online. Chowdhary’s biggest piece of advice is to not jump into a new business venture. Take the time to thoughtfully plan it out. Make sure there is a demand for the product before you even make it, he said. “It’s much harder to fix something than start it,” Chowdhary said. “With money comes customers. It’s harder to reinvent when you have people depending on you.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012
5
INSURANCE — From page 1
become an administrative services-only contract. “I know 105,000 members left due to the Medicaid change, so factor that in,” said Millerick. “Frankly the higher number sounds questionable.” Aetna was not the only one raising an eyebrow at the outlook for government Medicaid programs. “The posture that states take varies market by market,” said Stephen Hemsley, CEO of Minnesota-based UnitedHealth, of Medicaid in a conference call addressing the company’s second-quarter results. “If we see situations that we believe the state isn’t prepared to sustain in a particular market, we will withdraw. … That discipline has to prevail, just like it prevails in other parts of our business.”
eBrevia co-founder and CEO Ned Gannon.
eBREVIA — From page 1
tion a little over a year ago. “This process consists of large teams of junior associates going through all of the target company’s contracts, looking for potentially problematic provisions and summarizing their content,” Gannon said. “It’s something that, especially in large acquisitions, takes a tremendous amount of time and costs a lot of money.” With junior associates at New York City law firms billing $300 to $500 an hour, Gannon said companies have been pushing back against the rising cost of the legal due diligence process. “You’re seeing some clients refuse to pay for junior-level work, and as a result the firms have to write off time,” Gannon said. “Some low-level work is being outsourced to India. Some firms are using contract attorneys in areas like West Virginia as opposed to associates in New York.” All of those factors made for “a very opportune time” to develop an alternative, he said. Gannon and Nguyen, eBrevia’s COO and CFO, looked into the natural language processing and machine learning programs at more than 200 universities, ultimately teaming with Columbia. After sponsoring research at the Ivy League university from September 2011 to January
For the entire Northeast in 2011, Aetna reported a slight increase in the number of members it insures. In July, as Aetna geared up for this fall’s open enrollment period, new Aetna CEO Mark Bertolini said the commercial pricing environment was competitive but “rational” in his words. “I think the … pricing is so close that it’s really hard to move clients,” Bertolini said in a conference call. “I would expect that you would see across the industry – except for people that are re-pricing the books of business – that their retention levels are going to be fairly high, so the ability to move business on the basis of pricing is very limited.” UnitedHealth does not break out figures by region in its public reporting, but registered a 5 percent increase in membership nationally. In Connecticut, CIGNA Corp. was the
big gainer for a second straight year with a 175 percent increase in its own membership base, after establishing its headquarters in Bloomfield last year with state assistance. But it was not enough to offset an overall decline by the some 20 carriers selling health insurance in Connecticut. ConnectiCare Inc. increased enrollment 6 percent in 2011; Anthem Blue Cross Blue Shield, the other major carrier offering HMO coverage in Connecticut, saw an 11 percent drop in overall membership in Connecticut. In 2010, carriers had increased enrollment a meager 0.6 percent from 2009, when Congress enacted the Affordable Care Act (ACA) in an effort to get more people insured. Since midsummer, carriers have been blaming higher premium rate requests in part on federal ACA mandates, in filings with the Connecticut Insurance Department
over the past several months. For the most part, the insurance department has enforced lower-than-requested premiums, though in some cases it has still been amounting to double-digit percentage point increases. Under ACA’s “80-20” rule, carriers now have to devote 80 percent of their premium revenue collected under many plans to medical payments, and 85 percent of their premiums for plans they offer large groups. Of Connecticut’s HMO plans in 2011, only Trumbull-based Oxford Health missed the 80-20 cutoff in Connecticut, and just barely at 79.2 percent. CIGNA, meanwhile, spent all of its indemnity plan premium dollars on health expenses for members in 2011, reporting a 104 percent medical loss ratio. ConnectiCare’s HMO plan cleared the 80 percent hurdle, but its indemnity plan was well off the benchmark at 73.3 percent.
2012, eBrevia was accepted into Connecticut Innovations’ first TechStart Accelerator Program this past spring. The company also worked with the University of Connecticut’s Innovation Accelerator program to conduct market research before taking up residence at the Stamford Innovation Center. Gannon credited the state’s entrepreneurial environment for helping to accelerate eBrevia’s growth. Asked whether eBrevia could have found itself on the main stage at DEMO 2012 without the assistance of Connecticut Innovations, UConn, the Stamford Innovation Center and other startup-oriented programs in Connecticut, Gannon responded,“I don’t know if we could have. One thing I can definitely say for sure is it would’ve taken us a lot longer.” The opportunity to present at this year’s DEMO conference, which has introduced to the venture capital community E-Trade, TiVo, Salesforce.com, Adobe Acrobat, Netscape Navigator and Palm Computing, capped a 12-month period that Gannon called a “rocket ride.” “It was great – it was a jam-packed few days,” Gannon said of the conference, held Oct. 1-3. “We didn’t get much sleep but it was a great experience.” Gannon said several West Coast investors have already expressed in interest in working with eBrevia as it prepares to launch its platform in early 2013. eBrevia will likely remain at the Stamford Innovation Center “for quite some time,” he said. “I think … this is an absolutely ideal location – Fairfield County, Stamford in particular,” Gannon said. “We’re obviously just a short train ride away from the legal epicenter of the world in New York City, but at the same time we’re able to take advantage of Connecticut’s entrepreneurial ecosystem, lower costs in terms of rent, and a talented labor pool, so it’s really ideal for what we’re doing here.”
CHINA —
Designating a Hong Kong bank “makes a huge difference” in a country where the third-party payer in an RMB transaction, the bank, “is highly scrutinized,” she said. “It’s fully tradable now,” Price said of the RMB. “The next step is to start thinking about how to protect yourself from fluctuations in the market.” Steven L. Henning, partner at Marks Paneth and Shron L.L.P. in Manhattan, said China is making a “slow transition” from a producer to a consumer economy. “As a result, there’s an enormous demand for western products, for luxury products,” he said. A population migration from rural areas to cities has left Chinese citizens with “a lot more money to spend that is creating that consumer demand,” Henning said. Henning said Chinese government and business officials show “an enormous desire for a greater understanding of western business practices to facilitate the enormous explosion of growth that they’ve had.” Technical and scientific knowledge also is much in demand with luxury products, he said. Both Henning and Edelberg advised U.S. owners to seek partners in China for business contracts and local regulatory contacts. “If you go in by yourself, it’s very difficult. It’s very intimidating,” said Henning. Edelberg said protecting intellectual property will continue to be a problem for U.S. companies in China. “If you can’t deal with it, maybe you shouldn’t be trading in China,” he said.
6 Week of October 22, 2012 • Fairfield County Business Journal
From page 1
to HSBC officials. As of July, U.S. exports to China this year totaled $61 billion, well ahead of the pace of trade in 2011, when the U.S. shipped $103 billion of exports to China. More than 90 percent of the world’s top 500 companies do business in China, according to HSBC. “It’s a real boom period,” though Chinese government and business officials recognize that the current rate of economic growth is not sustainable, said attorney Paul B. Edelberg, partner at Fox Rothschild L.L.P. in Stamford. “They work hard over there and they want to do business. They love to do business with Americans. It’s a great opportunity.” “You want to deal with them because it is a Type A country just like us,” said Robbin Price, senior vice president in HSBC’s foreign exchange division. She said she has been impressed by the “very practical” approach of Chinese government officials. “China is removing a lot of the obstacles to doing business and doing transactions” in Chinese currency. Price advised U.S. companies doing business in mainland China to open bank accounts in Hong Kong for transactions in renminbis, or RMBs, China’s official currency that was opened to limited trading in the international exchange market in 2010.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012
7
IN THE FIELD
In brief
Murder-suicide at family business Police identified Daniel Shwisha as the man who gunned down his younger brother Gordon Shwisha Monday, Oct. 8 at a family business in New Haven, before driving to Westport and committing suicide at his parents’ home. Fairfield resident Gordon Shwisha, 45, was shot to death outside New Haven-based Electrix Inc., a half-century-old architectural
lighting manufacturing and design company, which has done work for a number of New York City landmarks like Lincoln Center and the Metropolitan Museum, as well as corporate work for Diageo North America’s headquarters in Norwalk. Daniel Shwisha, 47, lived in Woodbridge. A longtime Electrix employee told the New Haven Register “there had been some family squabbles” and that Gordon Shwisha terminated his brother’s job several months ago.
Darien financier perishes in crash Tighe Sullivan, 51, died in Oct. 9 in a helicopter crash at Coolbaugh Township, Pa., just south of Scranton.
Sullivan co-founded WCAS Fraser Sullivan Investment Management L.L.C. and was chief operating officer, with the firm having offices in New York City and Darien. His spouse Callie Sullivan is a former first selectman of Darien. William Ellsworth, a 52-year-old resident of Califon, N.J., also died in the crash, which reportedly occurred after the Bell 407 helicopter he was flying clipped trees while attempting an emergency landing at Mount Pocono Airport. One other passenger survived. An expert in high-yield bonds, Sullivan previously worked for Deutsche Bank and before that First Union, PaineWebber, Dillon & Read & Co. and Drexel Burnham Lambert. He graduated from Colgate University.
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Italian co. in Stamford with $9.5M An Italian business intelligence software company has established its U.S. headquarters in Stamford, after local investors organized a $9.5 million round of capital, with the company planning to take in another $5 million. Decisyon S.r.L., which on its website has listed a Sunnyvale, Calif. base of U.S. operations, has developed software that allow managers to better collaborate as they make strategic and operational decisions. Decisyon’s board lists Tom Cowan, a former IBM Corp. executive who later led the Stamford-based applications developer OutlookSoft Corp. before it was sold to SAP; and Erik Jansen, an advisor to Connecticut Innovations Inc. and a onetime partner with Pequot Ventures.
HealthBridge sues under RICO Upping the ante in an ongoing labor standoff in Connecticut, HealthBridge Management L.L.C. sued two unions under federal racketeering law, claiming the defendants have engaged in “economic terrorism” in a bid to force HealthBridge to accede to union demands or go out of business. HealthBridge and CareOne Management L.L.C. filed their lawsuit in the U.S. District Court in New Jersey, where the affiliates are based in Fort Lee. Defendants include United Healthcare Workers East SEIU 1199 and New England Health Care Employees Union District 1199 SEIU. HealthBridge and CareOne filed their lawsuit under the federal Racketeer Influenced and Corrupt Organizations (RICO) Act. Workers at HealthBridge facilities went on strike July 3 at facilities in Stamford, Westport, Danbury, Milford and Newington, with Gov. Dannel P. Malloy spending part of a day on the picket line while denouncing the company’s labor stance.
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Kristina Cook | (914) 694-3600, ext. 3033 | kcook@westfairinc.com 8 Week of October 22, 2012 • Fairfield County Business Journal
Housatonic Community College enrolled about 6,100 students this fall, with a record number of them parttime as the full-time student population dropped a second consecutive year. The Bridgeport community college reported enrolling 2,056 full-time students and 4,041 part-timers and said the economy was the driver for the latter figure’s increase. The college drew 47 percent of its student body from Bridgeport, with another 13 percent coming from Stratford.
Stanley locks up $1.4B deal For $1.4 billion, Stanley Black & Decker is selling its hardware and home improvement group to Spectrum Brands Holdings Inc. The division makes Kwikset and Baldwin locksets and Pfister faucets, among other brands, generating $985 million in revenue for the fiscal year ending in June.
It marks New Britain-based Stanley Black & Decker’s biggest transaction since its $4.5 billion merger with Black & Decker in 2010.
Westport man guilty of fraud A federal jury found a Westport man guilty of fraudulently submitting false information on mortgage applications totaling $3.5 million, as part of a plan to acquire properties and flip them at a profit. William Trudeau, 49, was an unnamed principal in Aspetuck Building & Development and Huntington South Associates L.L.C., according to the office of U.S. Attorney David Fein. From February 2004 to April 2010, Trudeau conspired with Joseph Kriz, Heather Bliss, Fred Stevens, Thomas Preston and others to defraud banks and mortgage lenders by obtaining mortgages on various properties in Fairfield County, then selling them to pay off debts owed to “hard money” lenders from whom they had previously obtained high-interest loans.
Report: Stamford ferry under study The city of Stamford reportedly has hired a Hartford consultant to assess anew the viability of a Manhattan commuter ferry, against the possibility of a federal agency clawing back funds it awarded for the same purpose years ago.
Between 2003 and 2006, the Federal Highway Administration granted $3.5 million to Connecticut to study the feasibility of high- speed ferry service on the Long Island Sound, according to the Stamford Advocate. The city faces the prospect of having to pay back $300,000 spent on an earlier study of ferry service from Stamford, unless it produces a new timetable for establishing service.
Conn. fines astrologer Connecticut regulators issued notice of plans to fine an astrology dot-com and its founder up to $100,000, saying the company raised at least $25,000 without registering its securities with the state. Sky Watch Media Inc. lists a Greenwich location and is run by France native Meredith Duquesne, according to the Connecticut Department of Banking, with the company running the Astrologies.com website.
Olympus wins WNA Olympus Partners acquired Waddington North America Inc., a maker of disposable tableware designed for upscale settings as well as plastic food containers. Stamford-based Olympus Partners told the online trade publication PEhub it paid just over $100 million for Seven Mile Capital Partners’ and Norwest Equity Partners’ shares of WNA, with New York City-based
Seven Mile inheriting its stake as part of its 2011 spinout from Citigroup with backing from AXA Private Equity.
company Innospec Inc. with backing from the New York City-based private equity investor Blackstone Group.
CI follows on SAMI investment
Ponzi schemer gets 8 years
Connecticut Innovations (CI) has invested an additional $375,000 in SAMI Health Inc., a health information technology company. Based in Westport, SAMI has developed a web-based, searchable database that makes browsing patients’ medical records and directions for treatment easier for health care professionals. The information system has been launched in Bridgeport Hospital and is being evaluated by the Yale New Haven Health system. Previously this year CI invested $500,000 of seed funding in the company.
A 60-year-old Connecticut man was sentenced to more than eight years in prison, after being convicted of orchestrating a Ponzi scheme that took in nearly $7 million from more than 50 investors. According to U.S. Attorney David Fein, Gregory Viola used the cash to make mortgage payments, join country clubs, and purchase jewelry among other expenditures. Viola was arrested in August 2011 and pleaded guilty to two counts of mail fraud this past February. Between 2007 and 2011, he solicited funds for investment and made distributions using new investor money, hiding the scheme by creating false account statements.
First Reserve in TPC contest First Reserve Corp.’s bid to acquire TPC Group is suddenly back on the table, after a TPC rival bested by more than $90 million a buyout offer from Greenwich-based First Reserve and a fellow investor. Houston-based TPC sells a range of chemicals for use in items ranging from fuel blends to synthetic rubber, earning $3.4 million in the second quarter on $690 million in revenue. TPC now has a $721 million offer from the Littleton, Colo.-based fuel treatment
Biofuel terminal opens in Port Chester Westmore Fuel Company Inc. opened a biofuel terminal in Port Chester, N.Y., with plans to sell to Connecticut customers as well. The terminal was funded with help from the New York State Energy Research and Development Authority and the National Biodiesel Foundation. - By Sam Barron, Jennifer Bissell, Patrick Gallagher and Alexander Soule
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blackouts, for up to $150 per instance. In a 2005 Connecticut General Assembly study, the Permanent Commission on the Status of Women calculated a Connecticut family of four’s weekly grocery bill at just under $170. PURA is also investigating whether any reimbursement policy would extend to medications requiring refrigeration. The Connecticut Office of Consumer Counsel (OCC), which exists to represent residents, says such a program may not be worth the administrative hassle and recommends if enacted it be restricted to low-income families. Con Edison has a similar program on the books in New York that is available for all Empire State residents regardless of income. “OCC recognizes that limited-income residential customers face particular hardship when confronted with the loss of food (or) medication due to the lack of electricity for refrigeration,” wrote Elin Swanson Katz, Connecticut’s consumer counsel, in formal testimony on the proposal. “Thus, if PURA determines that a … program is appropriate and should be paid for by ratepayers, OCC advocates that the program should be restricted to limited income customers in order to reduce the impact of such a program on rates.” She added any program should be capped at $5 million per blackout for CL&P, and $1.5 million for United Illuminating, with new groceries and medicines coming on the ratepayer’s dime if blackouts are beyond the control of utilities, and on company shareholders if no utilities are culpable. Earlier this year, a commission determined Connecticut’s utilities were not prepared to deal with storms packing the destructive power of the nor’easter and Tropical Storm Irene, which downed power lines across the state. In an initial 22-page response to the PURA query, CL&P estimated that 10 percent of customers losing power in last year’s nor’easter and filing a full, $150 food replacement claim would have resulted in $10.7 million in costs alone. CL&P termed the proposed program “unnecessary and, in fact … undesirable” in part due to the cost and on grounds it does not guarantee continuous service under its contracts in Connecticut, and disclaims responsibility whether direct or consequential for damages absorbed by its customers in any interruption of power. CL&P also argued that few homeowners save grocery receipts, making verification of losses difficult to prove and so opening the door to fraudulent claims; and that any repayment program in the wake of a storm the size of last year’s nor’easter, with 800,000 people losing power for an extended period, would be an administrative nightmare.
$1B renewable energy program ramps up casoule@westfairinc.com
T
he early returns for Fairfield County at the dawn of Connecticut’s $1 billion investment in renewable energy? Six projects – presumably with more on the horizon as companies see the cost benefits. In the first installment of what is planned as a $1 billion program over more than two decades, Connecticut Light & Power Co. accepted just a half-dozen Fairfield County bids under a new state law that provides financing for projects, considering 26 in all. Without revealing the identities of bid winners in Fairfield County, CL&P approved photovoltaic installations at two commercial sites in Stamford and one each in Norwalk, Newtown, Brookfield and Bethel. In addition to solar, CL&P also approved projects involving fuel cells – without specifying whether Danbury-based FuelCell Energy Inc. will be a supplier. CL&P considered but did not award funding to a few projects involving wind turbines and smallscale hydro energy projects. This summer, Connecticut created two new classes of renewable energy credits to spur generating equipment – a zero-emissions renewable energy credit (ZREC) and a low-emission (LREC) option. Hartford-based CL&P said it received nearly 300 bids by the deadline in mid-June, ultimately selecting 84 with some bidders subsequently dropping out to produce 76 projects in all. For its part, New Haven-based United Illuminating accepted 21 bids from 72 submitted throughout its service territory, at deadline having yet to specify the locations of those projects. Both CL&P and United Illuminating agree to enter 15-year contracts to buy power from “behind the meter” at renewable energy sources on customer sites. The process includes a fast-track approval process for clearing municipal approvals to install needed equipment. According to a Washington, D.C.-based renewable energy finance company called
Sol Systems L.L.C., after developers were contacted in July to start the CL&P contract process, it became fairly clear that the winning bids for projects were more speculative in nature and did not have a high probability of execution and completion, with some developers having had to drop out of the program due to their inability to obtain and secure financing for projects early on. CL&P has acknowledged the insufficiency of some bids, while saying that is to be expected in any new program attracting such a large number of bidders. AV T Ai rA LA d BL in E G im Su m iT Ed ES iA TE LY
BY ALEXANDER SOULE
operational before July 2011 and cannot have received funding previously from the Clean Energy Finance Investment Authority or its predecessor the Connecticut Clean Energy Fund, other than low-interest financing. The payback can be significant. “Weighted average prices of accepted bids ranged from $60 per MWh for LRECs and $100 to $150 per MWh for ZRECs,” said Andrew Price, senior vice president of Mainebased Competitive Energy Services Inc. “At these prices, consumers in Connecticut should consider participating in the next competitive RFP, due out in April 2013.”
Winning bidders will receive one renewable energy credit or REC for each megawatt hour of electricity produced, with a megawatt equal to the energy of anywhere from 700 to 1,000 homes. When the generation system is operating, each kilowatt hour of electricity that it produces is measured, and when 1,000 kilowatt hours are produced – or one megawatt hour (MWh) – a renewable energy generator gets credit for producing one REC as tracked by the New England Power Pool overseen by ISO New England. To qualify, projects cannot have been
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 11
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12 Week of October 22, 2012 • Fairfield County Business Journal
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A. Pappajohn Co. celebrates 20 years BY JENNIFER BISSELL
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espite the construction industry being hit hard by the recession, A. Pappajohn Co. has weathered the storm well. This year, the Norwalk-based construction company is celebrating its 20th anniversary. “It’s very exciting,” said Gus Pappajohn, CEO of APC. “We look at it as an admirable goal when you look at the economy right now.” During the height of the recession between December 2007 and June 2009, the construction industry lost 1.8 million jobs, according to the U.S. Bureau of Labor Statistics. In Fairfield County there were 18 percent fewer construction companies in 2010 than in 2006, according to the U.S. Census Bureau. Of the companies that survived, staffs were reduced by 31 percent. APC manages and builds projects primarily in Connecticut but also throughout the tri-state area. The company has managed many high-profile projects ranging from public works projects to new
medical facilities. Keeping with current market trends, many of the company’s recent projects have been construction of mixed-use apartments or repurposing out-of-date commercial real estate. Though the real estate market has been improving, Pappajohn said new projects are rare and sometimes unjustifiable for construction companies. “If the vacancy rate reduces, the demand will come up,” Pappajohn said. But there aren’t many large prospective tenants moving to the area, he said. Nonresidential construction is often dependent on a thriving economy and government spending. APC’s most recent projects include the Darien YMCA, Maplewood Senior Living’s new community at Darien, Maritime Yards, the Norwalk Community Health Center, Saugatuck Center Westport and Stepping Stones Museum for Children. The company offers aggressive pricing, which has allowed the business to stay competitive, Pappajohn said. With fewer projects to compete for in general, pricing and good relationships are key, Pappajohn said. Though APC has been able to survive
and maintain its business, it has also had to cut down on its workforce, like many other construction companies. When APC started in 1992, it had six employees and $600,000 in gross sales. When the Fairfield County Business Journal covered the company’s 10-year anniversary, it had grown to 38 employees with roughly $35 million in gross sales. Now, 10 years later and after a recession, Pappajohn has 22 employees but still anticipates at least $35 million in gross sales by the end of the year. Though there have been cuts, Pappajohn said the success of the company starts with its employees, clients and relationships with its subcontractors. By maintaining a flexible and fluid work process on each project, the company has been able to secure repeat customers and maintain a manageable volume of work, he said. “We are thrilled to be where we are today and our success is largely due to our people,” he said in a prepared statement. “We are all team players who take personal pride in what the company has accomplished and in the integral roles each of us has played in these endeavors.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 13
State syncs with startup BY ALEXANDER SOULE
casoule@westfairinc.com
A
n early employee of Priceline.com Inc. has established a Westport headquarters for her California startup on the promise of funding from the state of Connecticut, as the company develops software to ping preset groups of contacts on mobile phones, tablets and other devices. Last winter, the Connecticut Innovations venture capital fund initially approved $750,000 in funding for deets Inc. on condition it raise matching capital. This past summer Connecticut Innovations extended a deadline for that purpose to the end of October. Deets now lists an address of 20 Ketchum St. in Westport, having previously had its main office in Los Olivos, Calif. Founder and CEO Linda Miller worked for both Norwalk-based Priceline.com as well as Hotwire.com before launching her first startup in Style-Card.com, which was in New York City. Deets’ software allows people to synchronize information for all of their contacts from a single dashboard on iPhones and iPads. That allows deets users to ping messages to select groups of people, for instance golf buddies scheduling a tee time. From a single deets account,
users can create or join relationship-based groups to collaborate and share contact information. Other features include file and photo sharing and custom “push notifications.” “I don’t think I’m alone in juggling – for better and for worse – a ton of different people, projects and relationships,” Millers said in a press release announcing the company’s product. “Now I can organize everyone in my life into relevant and efficient conversation groups. It means less time looking at my phone and more time for the people and activities I care about.” Deets has not disclosed its revenue model, with the app at press deadline available for free on iTunes from Apple Inc. In September, Stamford-based Gartner Inc. estimated that nearly 90 percent of apps today are free, with many adopting “in-app” purchase models that charge users for content after they have downloaded an app and begun using it. That model will drive more than 40 percent of app revenue within three years, Gartner predicted. “App stores should support in-app purchases as soon as possible as this offers a new path of monetization and helps to attract developers as they attempt to extend an app’s momentum by providing easy access to upgraded services and functionality,” said Gartner analyst Brian Blau.
The Innovators Series A Gathering of Entrepreneurs
Wednesday, November 14, 2012
Variations on a theme – Your Elevator Speech is You The Innovators is a monthly networking event hosted by the University of Bridgeport to bring entrepreneurs and creative minds together. Come learn how local entrepreneurs went from a raw idea to new products and growing businesses. Network with others and get help with what you are working on. Wednesday, November 14, 2012
Panelists:
5:30 pm to 6:30 pm — Wine and Cheese 6:00 pm to 7:00 pm — Program and Q&A 7:00 pm to 8:00 pm — Networking
Douglas Campbell — “The One Minute Pitch” Debbie Fay — “Be Speak Presentations” Chet Latin — “Your Elevator Speech”
The Innovators series will be held in the Arnold Bernhard Center’s Art Gallery at 84 Iranistan Ave. There is no fee but please RSVP to mjfoster@bridgeport.edu or 203-576-4696.
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14 Week of October 22, 2012 • Fairfield County Business Journal
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aplewood Senior Living has finished construction on its two senior living communities in East Norwalk and Darien. The new construction brings Maplewood’s senior living communities in Fairfield County to a total of five locations. The Westport-based company started six years ago. “We’re excited to bring more product to the market,” said Gregory Smith, Maplewood CEO. “The supply in Fairfield County has been really limited.” Despite the weak real estate market, senior housing has performed well nationwide through the recession but growth has slowed considerably, especially in comparison to how fast the baby boomer generation is getting older. The number of people over 65 years old is projected to double to 70 million people by 2030, according to the U.S. Department of Health and Human Services. “We’re continuing to see a pent-up demand for traditional assisted living and also over in the memory care (communities),” Smith said. “The need for what we provide – by way of services and care – is growing.” In the late 1990s, about 55,000 new senior housing units/beds opened every year in the U.S., but in 2010 fewer than 14,000 opened, according to data from the American Seniors Housing Association. Though the company has been expanding quickly, Smith said Maplewood is growing at both a steady and responsive rate. “It’s a fundamental shift in the demographics that’s creating the supply,” Smith
said. “I think we’re in a good position. We’ve developed an organization that focuses on care and putting our residents first. They need to be.” In addition to its two new openings, the company plans to begin developing four to six additional projects in Westchester County, N.Y. and throughout Connecticut within the next 12 to 18 months. Maplewood at Strawberry Hill in East Norwalk has 84 units and Maplewood at Darien has 66 units. The current starting rent prices range from $5,250 to $9,250 per month, depending on the location, room size and level of services needed. The average cost of assisted living in Connecticut is $4,475, according to Seniorhomes.com. Each of Maplewood’s residences has assisted living, memory care and respite care services. Respite care is short-term stays for residents when families need extra help. Additionally, Maplewood offers 24/7 care, a fairly unique service. Prior to offering all-day care, 32 percent of Maplewood’s residents admitted to a hospital were sent back home because of a false alarm. Now only 5 percent of residents are sent back, reducing a large amount of emotional trauma and stress related to going to the hospital for both residents and their families. Emotional health is a key priority to Maplewood, said Mary Underwood, corporate director of memory care services. “Residents want their independence; they want to feel like they still have a purpose,” Underwood said. “So many times we focus on the concrete things, like meals and programs … but it really is looking at the human beings that they are and giving them their plan of care and what they need.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 17
Shedding light in winter’s darkness
The more than 300 talented young singers who make up the Fairfield County Children’s Choir (FCCC) are thrilled to present their 2012-2013 concert season. Join them Dec. 2 at 3 p.m. when the FCCC will perform sacred and secular selections at the Klein Memorial Auditorium in Bridgeport, including “Angels We Have Heard on High,” “Angels’ Carol” and “Gesu Bambino.” Then join the choir again Feb. 2 at 7 p.m. at the Norwalk Concert Hall for its annual revue of show-stoppers, including hits from “Guys and Dolls,” “The Little Mermaid” and “The Wizard of Oz.” The choir is under the musical direction of founder Jon Noyes, who is a past recipient of Choral Director of the Year honors, presented by the Connecticut Chapter of the American Choral Directors Association. He is also a music educator in the Fairfield public schools and an adjunct professor of music at Fairfield University. Noyes received his Bachelor of Music and Master of Music degrees from the Hartt School of Music at the University of Hartford. He holds a fourth-year certificate from the Kodaly Musical Training Institute and is a past president of the Southern New England Kodaly Educators. The FCCC frequently collaborates with local groups such as the Greater Bridgeport Symphony Orchestra, the Norwalk Symphony Orchestra and Mendelssohn Choir of Connecticut, broadening the choir’s musical experience. The choir has also performed in New York City, Washington D.C., New Orleans, San Francisco, Hawaii, Canada, England, Ireland, Austria and the Czech Republic. The mission of the FCCC is to provide children with the opportunity to participate in a musical experience that is challenging, rewarding and enjoyable. Its program of instruction in vocal technique, music literacy and appreciation, as well as practice and performance, instills in the choristers a lifelong passion for great choral repertoire. The community-based FCCC is a 501(c)3 organization that is grateful to the generous supporters who help make this season’s program possible. You can become part of the concert audience by visiting singfccc.org.
Jon Noyes FCCC director The Fairfield County Children’s Choir
The mission of the Cultural Alliance of Fairfield County is to support cultural organizations, artists and creative businesses by providing promotion, services and advocacy. For more information, visit CulturalAllianceFC.org or email infoCulturalAllianceFC.org or call 256-2329. For events lists, visit FCBuzz.org.
FCBUZZ Big Read brings Bridgeport together
The satirical troupe The Capitol Steps performs as part of Bridgeport’s Big Read.
The University of Bridgeport is thrilled to participate in The Big Read 2012. The Big Read encourages local organizers to select a book to read, discuss and enjoy together as a community. And that’s just for starters. At 5:30 p.m. Oct. 25, you and a team of friends can crack clues, find secret locations and discover how much fun you can have in Bridgeport during “Bridgeport Cluefest: A Downtown Scavenger Hunt” at the playhouse on the green. The after-party will
feature food, fun and prizes for the winners. Register your team at Facebook.com/BridgeportCluefest. Walk-ins are welcome. The university is also proud to present The Capitol Steps the Klein Memorial Auditorium in Bridgeport Oct. 27 at 8 p.m. Get ready for hilarious political satire and song parodies from the nationally acclaimed Capitol Steps. The troupe is bringing fresh campaign material that will tackle both sides of the political spectrum and issues from Obamacare and super PACs to censorship and the Tea Party. What else would you expect from the group that put the “mock” in democracy?! Admission ranges from $22 to $45 per person. To order tickets, visit TheKlein.org. Additional event partners include The Barnum Museum, Bijou Theatre, Bridgeport Arts + Cultural Council, Bridgeport Board of Education, Bridgeport Public Education Fund, Bridgeport Public Library, City Lights Gallery, Cox Media Group, Downtown Special Services District, First Book Fairfield County, Hearst Media Group, The Klein, WPKN and WSHU. All Big Read events are free and open to the public unless otherwise noted. For information on more events, visit Facebook.com/BigReadUB and follow the university’s Big Read doings at Twitter.com/BigReadUB.
The play’s the thing in Wilton Since 1937, the mission of The Wilton Playshop has been to further the performing arts by providing quality theater to the greater Wilton area. The Playshop is confident that the 2012-2013 season does just that. The season kicks off with playwright Jeffrey Hatcher’s adaptation of Robert Louis Stevenson’s classic tale, “Dr. Jekyll and Mr. Hyde.” Toss out all your school memories of the dark story of a certain Dr. Jekyll and his alter ego Mr. Hyde and delve into this psychological conundrum: Is a man’s darker side necessarily pure evil? Can suppressing one’s own libido create a monster? In Victorian England, a troubled doctor unlocks his deepest desires and once exposed cannot contain them. Performances start the weekend of Oct. 26 and run through Nov. 3. The Playshop season continues with a production of “The Drowsy Chaperone” Feb. 15-17, 21-24 and
Feb. 28-March 2. This is a riotous parody of a 1929 screwball musical comedy and a heartfelt love letter to the musical genre as a whole. Then at the end of April, The Playshop presents “Enchanted April” by Matthew Barber. This is an engaging story of two unhappy middle-class housewives, feeling lost in their marriages within the rapidly shifting social currents of post-World War I London, so they rent a villa in Italy for an impulsive holiday. At the intermission of each performance, audience members are invited into the Green Room for refreshments. Playshop members welcome the opportunity to greet you and speak with anyone interested in getting involved, either onstage or off. Please feel free to make yourself at home. For information on tickets, dates and directions, visit wiltonplayshop.org/contact.htm.
Visit FCBuzz.org for more information on events and how to get listed. 18 Week of October 22, 2012 • Fairfield County Business Journal
Presented by: Cultural Alliance of Fairfield County
e n o D t i t e G
GRAPHY PHOTOGRAPHY PHOTOGRAPHY PHOTOGRAPHYPHOTOGRAPHY
HIC DESIGN GRAPHIC DESIGN GRAPHIC DESIGN GRAPHIC DESIGN GRAPHIC
ETOUCHINGRETOUCHINGRETOUCHINGRETOUCHINGRETOUCHINGRETOUC
LARGE FORMAT GRAPHICS LARGE FORMAT GRAPHICS LARGE FORMAT G
NE ART GICLÉE FINE ART GICLÉE FINE ART GICLÉE FINE ART GICLÉE FINE ART PRINTING OFFSET & DIGITAL PRINTING OFFSET & DIGITAL PRINTING OFFSET
DISPLAYS DISPLAYS DISPLAYSDISPLAYS DISPLAYS DISPLAYS DISPLAYS DISPLAYS
SHOWS TRADE SHOWS TRADE SHOWS TRADE SHOWS TRADE SHOWS TRADE S
UBLISHING PUBLISHING PUBLISHING PUBLISHING PUBLISHING PUBLISHING
& FINISHING MOUNTING & FINISHING MOUNTING & FINISHING MOUNTING
DING SIGNAGE BUILDING SIGNAGE BUILDING SIGNAGE BUILDING SIGNAG
VEHICLE GRAPHICSVEHICLE GRAPHICS VEHICLE GRAPHICSVEHICLE GR
FULLFILLMENT SERVICESFULLFILLMENT SERVICESFULLFILLMENT SERVICES
168 Sawmill River Road • Hawthorne, NY 10532 • 914-769-8484 www.colorgroup.com • production@colorgroup.com • support@colorgroup.com FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 19
THE LIST
Ranked by square footage of parks with more than 250,000 square feet.
Largest Office Complexes
Fairfield County Next list: Oct. 29 Business Apparel Retail Outlets
Office Parks
Ranked by square footage of parks and complexes with more than 250,000 square feet; listed alphabetically in event of tie. Rank
Name, address(es), phone number of leasing agent(s) Area code: 203 (unless otherwise noted) Website(s)
1
Enterprise Corporate Park
2 3 4
Merritt 7 Corporate Park
5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
1-6 Corporate Drive, 1-3 Enterprise Drive, 2 Trap Falls Road, Shelton 06484 929-6300 • 708-9228 • scinto.com
101-601 Merritt 7, Norwalk 06851 • 849-7000 • merritt7.com
The Towers* 801-901 Main Ave., 10-45 Glover Ave., Norwalk 06851 • 846-1900 • bltoffice.com
Berkshire Corporate Park 4-22 Berkshire Blvd., 3-6 Research Drive, 2-15 Park Lawn Drive, 1 Park Ridge Road, Bethel 06801; 10 Riverview Drive, Danbury 06810 • 743-7201 • berkshirecorporatepark.com
Stamford Plaza 107 Elm St., Stamford 06902; 263, 281, 301 Tresser Blvd., Stamford 06901 • 328-3605 • rfrrealty.com
Landmark Square** 1-7 Landmark Square, Stamford 06901 • 326-2500 • slgreen.com
First Stamford Place 100-300 First Stamford Place, Stamford 06902 • 353-5200 • malkinproperties.com
Harbor Plaza 181-290 Harbor Drive, Stamford 06902 • 531-3608 • newmarkkf.com
Stratford Executive Park 555 Lordship Blvd, 150- 650 Long Beach Blvd, 180-200 Watson Blvd., Stratford 06615 375-2322 • stratforddevelopment.com
High Ridge Park Corporate Center 1-6 High Ridge Park, Stamford 06905 • 325-5320 • 325-5390 • highridgeofficeinapark.com
Long Ridge Corporate Center 120, 260 and 292 Long Ridge Road, Stamford 06902 • 846-1900 • bltoffice.com
River Bend Center 1-12 River Bend, Stamford 06907 • 359-7744 • riverbend1.com
Wilton Corporate Park 40-64 Danbury Road, Wilton 06897 • 705-2262 • 762-7200 • wiltoncorporatepark.com
Crown Corporate Campus 470-488 Wheelers Farm Road, Milford 06460 • 326-5814 • corporatecampusmilford.com
Greenwich Office Park 51 Weaver St., Greenwich 06831 • 325-5340 • greenwichofficepark.info • cbre.com
The Square at Harbor Point 1 and 2 Harbor Point Square, Stamford 06902 • 846-1900 • bltoffice.com
i.Park 761 Main Ave., Norwalk 06854 • 661-0055 • iparknorwalk.com
Nyala Farms 100-500 Nyala Farms Road, Westport 06880 • 326-5818 • cushwake.com
Armstrong Park 2-6 Armstrong Road, Shelton 06484 • 777-7451 • fusco.com
Stamford Towers 680-750 Washington Blvd., Stamford 06901 • 363-2341 • slgreen.com
Greenwich Plaza 1 and 2 Greenwich Plaza, Greenwich 06830 • 705-2262 • greenwichplaza.com
777 Long Ridge Office Park 777 Long Ridge Road, Stamford 06902 • (212) 715-0122 • tishmanspeyer.com
Stamford Square 3001-3003 Summer St., Stamford 06905 • 705-2262 • stamfordsquare.com
Stamford Executive Park 419-650 West Ave., Stamford 06910 • (914) 592-4800 • mack-cali.com
Stamford Harbour Square 700-880 Canal St., Stamford 06902 • 846-1900 • bltoffice.com
Questions or comments, call (914) 694-3600, ext. 3005. Sources: Yale Robbins Inc. mrofficespace.com, Black's Guide blacksguide.com and from individual agents and agency websites. * Includes The Landmark, a retail component of 38,752 square feet. NA Not available.
20 Week of October 22, 2012 • Fairfield County Business Journal
Total square footage of all buildings
Architect or architectural firm
Number of buildings
Year built
1.6 million
Design Collaborative, Bridgeport
9
1984 - 2002
1.4 million
NA
6
1980 - 2002
1.1 million
Perkins Eastman
5
2001 - 2005
1.0 million
NA
15
1969 - 2011
968,500
Romaldo Giurgola Cesar Pelli and Associates Arthur Erikson
4
1979 - 1986 (renovated 1993 - 1996)
825,785
Victor Bisharat
7
1973 - 1983 (renovated 2000)
810,000
Welton Becket & Associates
3
1984 - 1986
785,700
Do H. Chung & Partners
7
1981 - 1983
700,000
NA
9
1980 - 1988
572,823
Victor Bisharat
6
1967 - 1973 (renovated 1977 - 2006)
560,000
NA
3
1968 - 1984 (renovated 1998, 2008)
531,770
Fuller & D'Angelo Walker Associates Inc.
9
1945 - 1996 (renovated 1990 - 1996)
509,272
Antinozzi Associates
4
1960 - 2008
468,732
Bond Ryder James
5
1980 - 1986
425,000
NA
9
1970 - 1979
400,494
Perkins Eastman
2
2010 - 2011
375,000
MKDA
3
NA (renovated 2007 - ongoing)
372,207
John R. McGovern SMS Architects
5
1972 - 1977 (renovated 1991)
327,000
Clark, Tribble, Harris & Li
3
1985 - 1989
325,108
Hellmuth, Obata & Kassabaum
2
1990
323,969
NA
2
1970
313,791
Perkins & Will Partnership
3
1981
287,070
Emery Roth & Sons
2
1980
273,000
Matthew J. Warshauer AIA PC
5
1986 - 1999
250,000
Han Bang
4
1920s - 1987
SPECIAL REPORT Commercial Real Estate
Spinnaker Residential partners, from left, Frank Caico, Mark Forlenza, Kim Morque and Clayton Fowler. Courtesy of Spinnaker.
Spinnaker aims for share of residential market BY PATRICK GALLAGHER
pgallagher@westfairinc.com
S
pinnaker Real Estate Partners L.L.C. announced the formation of a residential affiliate earlier this month as the company seeks to tap into the burgeoning market for multi-family residential units across the tri-state region. Through Spinnaker Residential L.L.C., the Norwalk developer, whose projects to date have been concentrated in
Fairfield County and Portland, Ore., hopes to expand into New Haven, Westchester County, N.Y., and parts of New Jersey, executives said. “The apartment business, the rental business, has been the highlight of the real estate industry over the last two or three years,” said Mark Forlenza, a founding partner of Spinnaker Residential. “We’re beginning this project at just the right time.” With recent graduates and younger families opting
for apartments close to urban centers and empty-nesters increasingly choosing to remain in the Northeast, the residential apartment market is ripe for the picking, Forlenza said. “I think you’re seeing the revival of the market,” he said. “During the last four years, nothing was built for all intents and purposes. That, coupled with the expanding markets of both newly formed families and those desiring to maintain a Spinnaker, page 22
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 21
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mobile, flexible lifestyle, means you’re going to see a pretty robust need for apartment construction for several years to come.” Forlenza joins Spinnaker Residential after serving as an officer of AvalonBay Communities Inc., which is one of the dominant forces in the suburban New York City rental market with residential communities in Danbury, Darien, Milford, New Canaan, Norwalk, Shelton, Stamford, Trumbull, and Wilton, among others. He said Spinnaker Residential will likely not match AvalonBay in the quantity of projects it undertakes, but said the company’s goal is to focus “on the best deals.” “We’re going to do enough in the best locations for superior performance not only for our investors but also for our customers,” Forlenza said. Spinnaker Residential will initially focus on projects within a 50-mile radius of Norwalk, and will explore both new developments and the repositioning of existing buildings that are available for acquisition, Forlenza said. Along with Forlenza, the principals include Clayton Fowler, founder, chairman and CEO of Spinnaker Real Estate Partners; Kim Morque, who has been a principal with Spinnaker since 1998; and Frank Caico, who has more than 15 years of experience in land use planning and development. Initially, projects will be capitalized from “internal resources,” Fowler said, with the company ultimately hoping to recruit inves-
Home prices dropping BY JENNIFER BISSELL
jbissell@westfairinc.com
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tors on a deal-by-deal basis. Spinnaker Real Estate Partners currently owns, develops and manages 11 properties in Fairfield County, including Stamford’s The Campus, a joint venture with Steven Wise Associates L.L.C. that is home to Chelsea Piers Connecticut. Also included in Spinnaker’s portfolio are nine developments in Portland, Ore., and one in St. Louis, Mo. A key factor in the creation of a residential affiliate was a desire to separate the company’s residential development activities from its commercial and retail ventures, Fowler said. “We do adaptive reuse, we do office, we do residential,” he said. “We do so many things and it’s so hard to focus on any one thing. We felt that in view of the world today...that we ought to focus on something that we do sort of casually, and that’s apartments.” Fowler said Spinnaker Residential will differentiate itself by choosing the most sought-after locations and emphasizing design and aesthetics. “Today’s rental is of much higher quality in terms of design and living space, as well as available amenities,” he said. Added Forlenza, “What we’d like to say is that the living room is the street, where people are going to be spending a lot of time in their neighborhood as opposed to in the swimming pool. We think that the trend is much more toward the rejuvenation of urban areas because of the fact that people bouncing into people is what living today is all about.”
Webster Bank, N.A. Member FDIC
hile home prices have been rising nationwide, a recent report shows home prices in Fairfield County are still continuing to drop. The median price of a single-family home in Fairfield County decreased 6.5 percent in the third quarter of 2012, according to a report by Prudential Connecticut Realty. Statewide, there was a 2.2 percent decrease. “That’s the one number out of all the numbers in Connecticut that have been sliding a little bit,” said Terence Beaty, Prudential director of new homes and land division. Single-family home sales have increased 13.1 percent in the state since last year and condominium sales have increased 5.2 percent.
Nationwide, home prices increased in August by as much as 18 percent in some states on a year-over-year basis, according to a recent CoreLogic report. The national average increased 4.6 percent as well, which is the largest yearto-year increase in more than six years. But while most states are seeing a turnaround on price, Connecticut was among the six states to see a decrease in prices compared with August 2011, according to CoreLogic. Its report showed home prices decreased 0.5 percent in August compared with a year earlier. Connecticut was one of the last states to feel the effects of the housing market crash, which is why it’s one of the last to come out of it, Beaty said. The buying population in Connecticut is different than other states due to high personal incomes and older demographHome prices, page 23
HOME PRICES — From page 22
ics. In Fairfield County, there is also a higher disparity between home values. If a $13 million home is selling for $10 million, the median and average home price index will be greatly affected. The median price for a Fairfield County home this quarter is $463,000, while the state median price is $250,000, according to Prudential. In the third quarter of 2011, the Fairfield County median price was $495,000 and the state was $255,500. Offering yet another slightly different picture, a recent report by The Warren Group shows the median price of a singlefamily home in Connecticut has already leveled off and was unchanged in August compared with August 2011. In fact, according to the New England real estate data group, the median price of a Fairfield County home increased 1.8 percent in August year-over-year to $520,000. Litchfield, Middlesex and New Haven countries also saw increases between 2.1 percent and 3.4 percent. However decreases in other counties evened the score. New London saw the biggest decrease at 2.2 percent. “You have to balance the negative with the positive,” said Joanne Carroll, sales and marketing council chairwom-
en of the Home Builders Association of Connecticut. “The only element that’s missing right now is the prices themselves.” While home prices might still be decreasing, they’ve been decreasing by less each quarter, Carroll said. Additionally, home sales are up, inventory is down and new building permits are up. “No doubt about it, we’re still in the negative,” Carroll said. “But I think we’re trending in the right direction.” By the end of either next quarter or the first quarter of 2013, both Carroll and Beaty said they expect to see an increase in price.
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 23
Gold coastal property
In brief
Carter’s closes Shelton office
We mean business.
Children’s apparel giant Carter’s Inc. is shutting down its Shelton office and moving the jobs to Atlanta where it is based, with plans to complete the move by the end of next year. Carter’s expects the relocation to cost between $35 million and $40 million, including severance and recruiting new workers in Georgia where it expects to add 200 jobs in retail merchandising, store operations, finance and information technology. Carter’s current Atlanta workforce numbers 1,200 people. “We believe that bringing our employees together in one location will improve the interaction and collaboration of our talented workforce,” CEO Michael Casey said in a prepared statement. Carter’s Shelton office is at 1 Waterview Drive.
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24 Week of October 22, 2012 • Fairfield County Business Journal
Mercedes-Benz of Fairfield and Devan Infiniti will be expanding their dealerships into an adjacent vacant lot. The site at 65 Commerce Drive in Fairfield will give the two dealerships more space for vehicles on display and employee parking. Jon Angel, Angel Commercial L.L.C. president, represented all parties in the transaction.
Playland to be transformed Sustainable Playland Inc., a grassroots coalition comprising Westchester County, N.Y. residents and business leaders, was selected to pioneer the reinvention of Rye Playland. Sustainable Playland was one of a dozen entities to submit plans to the county in response to a 2010 request for proposals aimed at transforming the historic countyowned amusement park into a profitable enterprise. The group’s $35 million proposal calls for Playland to be transformed from a summer attraction to a year-round, multipurpose complex.
UI powers up in Shelton United Illuminating Co. plans to build a new electricity substation in Shelton at a cost of $38 million, saying its four existing stations will be inadequate to meet the Shelton area’s needs by 2015. The proposed 115-kilovolt substation would take high-voltage power from transmission lines and “step down” the power to decrease the voltage and boost the current for distribution to homes and businesses. United Illuminating wants to build the substation at 14 Old Stratford Road in Shelton, a 6-acre industrial property just north of Trumbull that was once used by Lord Corp. to manufacture seals and o-rings.
Grape move for Westchester With $83,000 in sales and mortgage tax exemptions from the Westchester Industrial Development Agency, Metro Wine is moving from Stamford to Elmsford, N.Y. Metro Wine focuses on Bordeaux imports.
Equity One buys plaza Heyman Properties completed the $36 million sale to Equity One Inc. of Darinor Plaza in Norwalk, with Equity One disclosing an $18.8 million mortgage still on the property. Darinor Plaza is at 500 Connecticut Ave. in Norwalk and totals 152,000 square feet. Tenants include Kohl’s, Old Navy and Party City. North Miami Beach, Fla.-based Equity One focuses on retail properties in urban areas. It now owns five Fairfield County shopping centers, the biggest being the 185,000-square-foot Copps Hill Plaza in Ridgefield.
Law firm opens in Trumbull Norwalk-based Goldman, Gruder & Woods opened its third location, in Trumbull at 105 Technology Drive. The Trumbull office will serve as the base for an expanded focus on bankruptcy, debtor/creditor rights, and commercial litigation. Stephen Wright, who recently joined the law firm as a partner, will be based at the Trumbull office. Goldman, Gruder & Woods also has a Greenwich office.
Shelton apartments on tap A developer reportedly proposed a 260-unit apartment complex for Bridgeport Avenue in Shelton, at a cost of $45 million. A Pennsylvania-based company called Talbot Partners L.L.C. reportedly has teamed with an Oxford builder for the project, according to the Connecticut Post with plans for an upscale complex similar to one being built on Canal Street by AvalonBay Communities Inc. – Sam Barron, Jennifer Bissell, Patrick Gallagher and Alexander Soule
DOT to ‘go slow’ on design-build BY ALEXANDER SOULE
casoule@westfairinc.com
A
mong the plum tools enacted this year to spur development, Gov. Dannel P. Malloy has highlighted bills to consolidate design and construction bids, as well as spur public-private partnerships on big projects. For a governor who has demonstrated swift action in his first two years on the job, he may have to show a little patience. “Frankly, our strategy is to go slow,” said James Redeker, commissioner of the Connecticut Department of Transportation, speaking at a Construction Institute conference in East Hartford in mid-October. “It would be foolish for a department that has never done a design-build project – there’s nobody. When I asked my staff of managers how many people have done a design-build project – I have 100 managers – I’m the only one that raised a hand, because I’m the only one that’s done one, and I guarantee you I’m not going to be managing (a) project.” DOT is also going through the learning process on the new public-private partnership model authorized by the Connecticut General Assembly, as it works to replace the Stamford Transportation Center’s parking garage. “I am working on what is a first for the DOT, I think, of a public-private partnership I’m calling the Stamford transit-oriented development project,” Redeker said. “We’re making great headway figuring out how to deliver a project in partnership with the private sector cheaper, faster, better and all with the customer in mind first.” Connecticut’s construction industry lost 30 percent of its jobs in the most recent recession, according to Ron Van Winkle, an economist who is town manager for West Hartford. If not as severe as the recession of the early 1990s, when the industry lost 38 percent of its workforce, that is little consolation to struggling builders today. “Our state’s economy is beginning to pick itself back up, beginning to move,” Van Winkle said. Employment is beginning to grow. Connecticut is looking better today than it has been over the past couple of years, (but) the construction industry still suffers – we’re still running at that low level.” The Connecticut Department of Construction Services expects $350 million in funding for construction projects at schools and other public facilities throughout the state, coming off $275 million in the current year – and just $29 million the year before that, according to Bud Salemi, deputy commissioner of the department. “I’m still not sure how we’re going to get all this stuff done at the Department of Construction Services, but we’re going to give it all we got,” Salemi said.
In addition, Malloy’s new energy plan calls for billions of dollars in new construction to lay new natural gas lines to allow businesses and homes to convert from oil, if they so choose. Dan Esty, commissioner of the Connecticut Department of Energy and Environmental Protection, estimates the funding will support 7,000 new jobs annually. For builders, any work will be welcome with the uncertainty of the November elections and the federal budget deliberations to follow, with a trickle-down effect to state and municipality projects. “The good news is for the next two years,” Redeker said ticking off major road and transit projects under way across Connecticut. “The bad news is after that, because we don’t know what’s going to happen. Frankly, we’ve been living on a funding stream that’s higher because of earmarks and discretionary money … That will disappear.”
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 25
FACES & PLACES
Business without Borders
HSBC and the Business Journal sponsored a roundtable discussion and breakfast at the Hilton Westchester in Rye Brook, N.Y., Oct. 11, to discuss doing business in China. The participants were moderator Andrea Ratay, and panelists: Paul B. Edelberg, Steven L. Henning, and Robbin Price. Photos by Sinead Deane
1. Brooks Jones and Cheryl Faulds 2. Ken Talleri and John Kenny 3. Peter Tavolacci and Everson Targas 4. Tim Florio and Charlie Ryan 5. Kelly Parkhurst and Marie Freychet 6. Deborah Berry and Deborah Stokes 7. Peter Zinman and Jonathan Summs 8. Mita Bhaumik and Peter Tavolacci 9. Niki Jones and David Stone 10. Jackie Werner 11. Andrea Ratay 12. Paul B. Edelberg 13. Steven L. Henning 14. Robbin Price
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BUSINESS JOURNAL Hicks Realty L.L.C., 536 Federal Road, Brookfield. Chapter 7, filed Oct. 9, 2012, case no. 12-51833. RSS Construction Management Assets: $500,000 to $1 million. LiCo. Inc., Greenwich. $30,089.83 abilities: $500,001 to $1 million. in favor of O&G Industries Inc., Creditors: BOTC Investments, Torrington. Property: 200 Railroad amount not disclosed; Kamco Supplier of New England, amount not Ave., Greenwich. Filed Oct. 2. disclosed; Rojac Co., amount not disclosed; and Waterfall Victoria The following petition was filed in Mortgage Trust, amount not disU.S. Bankruptcy Court, Bridge- closed. Type of business: Corporaport. Chapter 11 indicates the filer tion. Debtor’s attorney: Richard J. intends to submit a plan of reorga- Kilcullen, Danbury. nization to the court. Chapter 7 indicates a liquidation of assets. OLM L.L.C., 4 Trefoil Drive, Trumbull. Chapter 11, filed Oct. 2012, case no. 12-51847. AsBankruptcies 11, sets: $0 to $50,000. Liabilities: $500,001 to $1 million. Creditors: 1 William Street Inc., 7 William Monroe Group, $157,000; HOV St., Bridgeport. Chapter 11, filed Partnership, $146,000; Daniella Sept. 28, case no. 12-51777. Assets: M. DeFilippis, $118,000; The Mil$100,001 to $500,000. Liabilities: ford Bank, $68,000; Broadbridge $500,001 to $1 million. Credi- Stratford Associates, $25,700; Kelly tors: Shaun Moffatt, $334,696; The Services, $25,000; CIT 22,700; MarUnited Illuminating Co., $12,831; lin Leasing Corp., $21,000; Pitney Trendowski & Allen P.C., $4,546; Bows, $20,700; ElecComm Power MLK Lock & Smith, $2,404; J&G Services, $18,000; C-NET, $14,400; Glass, $1,128; and Pacific Secu- Time Payment Corp., $11,000; AEL rity Systems $739. Type of business: Financial Corp., $7,000; and Sovercorporation. Debtor’s attorney: eign Bank, $1,800. Type of business: Douglas S. Skalka, Neubert, Pepe & corporation. Debtor’s attorney: Montieth P.C., New Haven. Peter L. Ressler, Groob, Ressler & Mulqueen P.C., New Haven.
Attachments
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: Bob Rozycki c/o Westfair Communications Inc. 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 Phone: (914)694-3600 Fax: (914)694-3680
Building permits
Commercial Hands On Construction, New Haven, contractor for 309 North Ave. L.L.C. Lay foundation for commercial purposes, 287 North Ave., Bridgeport. Estimated cost: $10,500. Filed Sept. 28.
Residential Abdias Martinez. Perform interior renovations at an existing singlefamily residence, 117 Shelton St., Bridgeport. Estimated cost: $200. Filed Sept. 13.
ADR & Son L.L.C., Monroe, contractor for Aida Longo. Perform external renovations at an existing single-family residence, 703 Gilman St., Bridgeport. Estimated HPC Construction Services cost: $15,000. Filed Oct. 4. L.L.C., Danbury, contractor for Northbridge Healthcare. Perform Alfaro, Luis, Stamford. Perform interior renovations at an existing interior renovations at an existing commercial building, 2875 Main single-family residence, 1209 NorSt., Bridgeport. Estimated cost: man St., Bridgeport. Estimated $8,000. Filed Sept. 28. cost: $60,000. Filed Sept. 20. HPC Construction Services L.L.C., Danbury, contractor for Aquarion Water Company of Connecticut. Perform additions and alterations at an existing commercial building, 671 South Ave., New Canaan. Estimated cost: $12,000. Filed Oct. 5.
JMC L.L.C., Fairfield, contractor for EMB Investors. Perform external renovations at an existing single-family residence, 59 GreenThe Signature-Gordon L.L.C., wood St., Bridgeport. Estimated 501 Westport Ave., Norwalk. cost: $25,000. Filed Sept. 26. Chapter 11, filed Oct. 5, case no. 12-51819. Assets: $500,000 to $1 million. Liabilities: $1 million LaCamnesina Products L.L.C., to $10 million. Creditors: Norm Bridgeport, contractor for CJ Laser Beval Air Conditioning, $14,000; L.L.C. Perform interior renovations Custom Hardware Flooring, at an existing commercial building, $10,847; Knowitz & Kahn & Co. 475 Harral Ave., Bridgeport. EstiP.C., $9,665; Canton Well Drilling, mated cost: $1,850. Filed Oct. 4. $8,105; MAMSCO/New England Building, $7,950; Ferazzoli Imports, $5,135; L. Suzio Concrete, PAC Group L.L.C., Harwinton, $4,335; WILCAR, $3,220; Boscom contractor for Silver Hill Hospital Magnotta Inc., $2,973; New Eng- Inc. Perform additions and alteraland Building Products, $2,418; tions at an existing commercial Atlas Concrete, $1,531; Ameri- building, 208 Valley Road, New Cacan Overhead Doors, $630; Van naan. Estimated cost: $1.5 million. Dyke’s Restorers, $200; CL& P, Filed Sept. 21. $183; Paraco Gas Corp., $1; Sheila Garvey (disputed), $1; and Patrick Talbot House L.L.C., Wilton. Garvey (disputed), $1. Type of Commercial work to be done, 426 business: corporation. Debtor’s at- Danbury Road, Wilton. Estimated torney: James M. Nugent, Harlow, cost: $16,800. Filed Oct. 4. Adams & Friedman P.C., Milford.
Atlantic Building, Ridgefield, contractor for Janet T. and Kenneth C. Leonard. Perform alterations to an existing single-family residence, 213 Old Stamford Road, New Canaan. Estimated cost: $6,500, Filed Oct. 5. Bantley, Mack. Perform external renovations at an existing singlefamily residence, 171 Summerfield Ave., Bridgeport. Estimated cost: $3,400. Filed Sept. 24. Bartovic/McCollum. Perform external additions to an existing single-family residence, 10 Leuvine St., Norwalk. Estimated cost: $3,500. Filed Sept. 28.
Bear Paw Builders Inc., Westport, contractor for Meagan H. Alfred Richard Nuttin, Bethel, and John M. Wise. Construct a new contractor for David Wilson. Per- single-family residence, 634 Carter form additions and alterations at an St., New Canaan. Estimated cost: existing single-family building, 91 $920,000. Filed Sept. 26. Bald Hill Road, Wilton. Estimated cost: $16,000. Filed Oct. 4. Behr, Brant. Perform alterations and renovations to convert an exAlvarez Remodeling L.L.C., Dan- ternal building to a living space, 109 bury, contractor for James Endee. Strawberry Hill Ave., Norwalk. EsPerform alterations and renova- timated cost: $10,000. Filed Sept.18. tions at an existing single-family residence, 38 Ridgefield Drive, Ridgefield. Estimated cost: $15,000. Belfatto, Mary Beth Magro and John. Perform interior and exterior Filed Oct. 5. renovations at an existing singlefamily residence, 115 Portland Ave., Alves, Alaerte. Perform interior Redding. Estimated cost: $1,600. renovations at an existing single- Filed Sept. 18. family residence, 262 Clarke St., Bridgeport. Estimated cost: $2,000. Bermudez/Marinaccio. Perform Filed Sept. 21. interior renovations to a two-family residence, 20 Scofield Place, NorAskue, Sandra, contractor for walk. Estimated cost: $2,000. Filed Orten Penque. Perform external Sept. 20. repairs at an existing single-family residence, 66 Birch Drive, Stratford. Estimated cost: $6,700. Filed Sept. BLT Management L.L.C., Stamford. Construct a new apartment 11. building, 115 Towne St., Stamford. Estimated cost: $33.9 million. Filed Astrum Solar Inc., Annapolis Sept. 21. Junction, Md., contractor for Diane and Douglas Campbell. Install solar panels at an existing single-family Bodner, Jim, Brookfield, contracresidence, 2 Cannon Brook Lane, tor for Lyn and Alan Lucas. Perform Norwalk. Estimated cost: $12,391. interior renovations on an existing single-family residence, 94 LimeFiled Oct. 2. kiln Road, Redding. Estimated cost: $31,000. Filed Sept. 18.
Cardoso, Marcos, contractor for Marcos Cardoso. Perform interior and exterior renovations at an existing single-family residence, 124 Alba Ave., Bridgeport. Estimated cost: $15,000. Filed Oct. 2. Carrena, Luis. Perform external renovations at an existing singlefamily residence, 1557 E. Main St., Bridgeport. Estimated cost: $5,000. Filed Oct. 2. Castro, Libia. Perform interior renovations at an existing singlefamily residence, 301-305 Orchard St., Bridgeport. Estimated cost: $5,000. Filed Oct. 3. Cercy, Christopher. Perform alterations to an existing singlefamily residence, 545 Indian Field Road, Bridgeport. Estimated cost: $40,000. Filed Sept. CHIP. Perform interior renovations at an existing commercial building, 81-83 Newfield Ave., Bridgeport. Estimated cost: $5,000. Filed Sept. 17. Clark Construction of Ridgefield, contractor for Mark A. Meller. Perform interior alterations at a single-family residence, 14 Hillcrest Road, Ridgefield. Estimated cost: $23,960. Filed Oct. 10. Conlin, Robert. Perform external additions to an existing singlefamily residence, 9 Orlando Road, Norwalk. Estimated cost: $6,240. Filed Sept. 14. Conlin, Robert. Perform external renovations at an existing singlefamily residence, 9 Orlando Road, Norwalk. Estimated cost: $3,930. Filed Sept. 14. Cooley, Chris, contractor for David Read. Perform external renovations at an existing singlefamily residence, 10 Old Lake Shore Woods Road, Sherman. Estimated cost: $7,800. Filed Sept. 28.
Environmental & Civil Engineering For more information Andrew Zlotnick, Senior Vice President 203.374.3748, www.fando.com
FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 27
on the record Criollo, Carlos. Perform interior renovations at an existing singlefamily residence, 155-157 Jones Ave., Bridgeport. Estimated cost: $6,000. Filed Sept. 28. Custom Creations Construction, Norwalk, contractor for Carol McQuade. Perform interior renovations an existing single-family residence, 40 Evils Garden Road. Norwalk. Estimated cost: $4,000. Filed Sept. 25. Custom Creations Construction, Norwalk, contractor for Debra and Roger Bennetts. Perform interior renovations an existing singlefamily residence, 4 Toilsome Ave., Norwalk. Estimated cost: $14,670. Filed Sept. 25. D’Acunto Construction L.L.C., Wilton, contractor for Eve and Martin Aarons. Perform interior renovations and alterations at an existing single-family residence, 50 Aiken St., Unit 332, Norwalk. Estimated cost: $16,987. Filed Oct. 2. Danis, Thomas. Perform interior renovations an existing singlefamily residence, 1 Fair St., Norwalk. Estimated cost: $100,000. Filed Oct. 1. David Magini & Co., Westport, contractor for Bruce Taylor. Perform additions and alterations at an existing single-family building, 15 Silvermine Woods, Wilton. Estimated cost: $55,000. Filed Oct. 4. DL Carpentry, Bethel, contractor for Kimberly Thompson. Perform interior renovations and alterations at an existing single-family residence, 34 Old Stagecoach Road, Redding. Estimated cost: $10,000. Filed Sept. 27. Edwards, John A. III, trustee, New Canaan. Perform alterations to an existing single-family residence, 50 Harrison Ave., New Canaan. Estimated cost: $21,000. Filed Oct. 1. El-Tayyeb, Akram. Perform additions to a single-family residence, 57 Oak Ridge St., Bridgeport. Estimated cost: $3,000. Filed Sept. Elite Construction Inc., Branford, contractor for Steckel/Neatherland. Perform interior renovations an existing single-family residence, 21 Possum Lane, Norwalk. Estimated cost: $35,000. Filed Sept. 26.
Fairfield County Building, Bridgeport, contractor for Ann and Kevin Flannigan. Perform additions and alterations at an existing single-family building, 55 Stonebridge Road, Wilton. Estimated cost: $11,500. Filed Sept. 28.
Griffin, John. Perform external repairs at an existing single-family residence, 1462 South Ave., Stratford. Estimated cost: $5,000. Filed Sept. 10.
JP MaQuire, Waterbury, contractor for Mamic Lui, Perform external renovations at an existing singlefamily residence, 183 Frenchtown Road, Bridgeport. Estimated cost: $20,000. Filed Sept. 21.
Express Title Services Inc., Trumbull. Filed by Canon Financial Services Inc., Carol Stream, Ill. Plaintiff’s attorneys: Andrew R. Bilodeau and Kelly A. Carden, Warwick, R.I. Action: The plaintiff and the defendant had entered into a lease agreement whereby the defenJRS Remodeling L.L.C., Ridge- dant had to make timely monthly field, contractor for Thomas Ca- payment on which it defaulted. The ruso. Perform alterations and reno- plaintiff claims monetary damages vations at an existing single-family in excess of $2,500. Filed Sept. 28. residence, 19 Conley Court, Ridge- Case no. 6030553. field. Estimated cost: $23,000. Filed Oct. 9. Global Companies L.L.C., et al., Waltham, Mass. Filed by Kaeser Construction Co., West- Kevin Parham, et al., Ansonia. port, contractor for Elaine E. Plaintiff’s attorney: Michael A. Cook. Construct a new single- Stratton, New Haven. Action: The family residence, 610 Weed St., plaintiff alleges to have been caused New Canaan. Estimated cost: to slip and fall off his commercial $700,000. Filed Oct. 3. vehicle while refueling and subsequently suffered severe and painful injuries as a result of the negligence Building Permits and carelessness of the defendant. This week’s electronic Records The defendant had failed to secure Section contains 73 more safety cages around the delivery building permits on westfailadders and failed to provide drivers ronline.com. Subscribe to our with assistance while refueling. The membership package to access plaintiff suffered from loss of wages our expanded digital Records and incurred all manners of medical Section. costs, and claims monetary damages in excess of $15,000. Filed Oct. 1. Case no. 6030576.
Herz, Robert,, Norwalk, contractor for John Ward. Perform inteFaros Desing Builders, Stratford, rior renovations and alterations at contractor for Eva Fondrier. Per- an existing single-family residence, form additions and alterations at an 254 Rowayton Ave., Norwalk. Estiexisting single-family building, 65 mated cost: $45,000. Filed Sept. 18. Carriage Road, Wilton. Estimated cost: $45,000. Filed Sept. 28. High Ridge Builders L.L.C., Southbury, contractor for, Veronika Finn Construction L.L.C., Fair- Ruf. Perform interior alterations at field, contractor for Mary and a single-family residence, 51 Hoyt Robert Woods. Perform interior St., New Canaan., Estimated cost:, renovations an existing single- $40,000. Filed Sept. 21. family residence, 7 Harbor Bluff, Norwalk. Estimated cost: $60,000. HM Cosntruction, Fairfield, conFiled Sept. 28. tractor for Owen Lewis. Perform interior renovations at an existing Gendron, Francois P. Perform al- single-family residence, 996-998 terations to an existing single-fam- State St., Bridgeport. Estimated ily residence, 20 Church St., Unit cost: $40,000. Filed Oct. 2. A61, Bridgeport. Estimated cost: $25,000. Filed Sept. Hobbs Inc., New Canaan, contractor for Lisa R. Hobbs. Perform alGirouard Assocication, New Ca- terations to an existing single-famnaan, contractor for Melissa and ily residence, 48 West Road, New Glen D. Capelo. Perform alterations Canaan. Estimated cost: $700,000. to an existing single-family resi- Filed Oct. 3. dence, 550 Brookside Road, New Court Cases Canaan. Estimated cost: $45,000. Imagineers L.L.C., Hartford, conFiled Oct. 4. tractor for Hill Condominium Rec Fox. Perform alterations and renoGiven, Robert, contractor for vations at an existing single-family Zbigniew Perr. Perform interior residence, 1 Fox Hill Drive, Ridgealterations at a single-family resi- field. Estimated cost: $4,000. Filed Dynamic Recovery Soludence, 21 Big Trail, Sherman. Esti- Oct. 10. tions, Greenville, S.C. Filed by mated cost: $8,000. Filed Sept. 26. Patrick Porvenzano, Stratford. J. Canal Associates Remodeling Plaintiff’s attorney: Jeffrey Olgin, GLT Residential L.L.C., 22 Main L.L.C., Monroe. Perform interior Branford. Action: The plaintiff St., contractor for Sarah and Philip renovations and external addi- alleges that the defendant had Cappelli. Perform additions to a tions at an existing single-family violated the Fair Debt Collections single-family residence, 19 Valley residence, 21 Karen Drive, Nor- Practices Act. The plaintiff claims Road, Newtown. Estimated cost: walk. Estimated cost: $100,000. damages between $3,500 and $223,000. Flled Sept. 20. Filed Oct. 2. $15,000 and statutory damages. Filed Sept. 28. Case no. 6030546.
Innovative Concepts in Design Inc., et al., Weston. Filed by Patrick Tennant, et al., Easton. Plaintiff’s attorney: William A. Meehan, Wilton. Action: The plaintiff and defendant had entered into a written agreement for home improvements at the plaintiff’s residence. The defendant agreed to provide certain professional services to the plaintiff and act as an agent on behalf of the plaintiff to negotiate the best prices from sub-contractors. The defendant is negligent of a breach of contract, misrepresentation and fraud and the Connecticut Unfair Trade Practices Act. The plaintiff has suffered monetary losses and claims damages in excess of $15,000, punitive damages, cost Electric Boat Corp., Groton. for this action and any other relief Filed by Heather Shortman, Gro- that the court deems just and fair. ton. Plaintiff’s attorney: Amity L. Filed Oct. 2. Case no. 6030584. Arscott, Groton. Action: The plaintiff alleges to have been exposed to asbestos that was carried home on Bridgeport Superior her husband’s clothing, causing Court Cases the plaintiff to contract asbestosis, This week’s electronic Records asbestos-related lung disease. The Section contains six more court defendant’s actions were wrongful cases on westfaironline.com. as they failed to warn and present Subscribe to our membership the dangers of working with asbespackage to access our expanded tos and the risk it might carry to digital Records Section. others who are exposed to persons who have worked with asbestos. The plaintiff claims monetary damages in excess of $15,000, as well as punitive and exemplary damages. Filed Oct. 1. Case no. 6030560.
Bridgeport Superior Court
Gorbachevskiy, Dmitriy. Perform interior alterations at a singlefamily residence, 155 Berian Road, Stamford. Estimated cost: $97,000. Filed Sept. 26. Green Age L.L.C., Bridgeport, contractor for Richard Quesada. Perform external renovations at an existing single-family residence, 12 Bradley St. Bridgeport. Estimated cost: $9,295. Filed Sept. 28. Greenbriar Construction, Fairfield. Perform interior renovations at an existing single-family residence, 56 Toms Road, Stamford. Estimated cost: $28,000. Filed Sept. 27.
J.C. Renovations, Carol Stream, Ill. contractor for Christina Adzima. Demolish and construct an external building at an existing singlefamily residence, 23 Bryant Place, Stratford. Estimated cost: $30,000. Filed Sept. 11. Joblin, Nancy and Warren. Perform renovations at an existing single-family residence, 81 Old Easton Turpike, Weston. Estimated cost: $4,000. Filed Sept. 24. Johns Asphalt Inc., contractor for Hawley Lane Medical. Fit out interior for Milford Pediatrics, 495 Hawley Lane, Stratford. Estimated cost: $75,000. Filed Sept. 17.
28 Week of October 22, 2012 • Fairfield County Business Journal
Danbury uperior Court Arrowood Condominium Association Inc., Brookfield. Filed by Robert Thorne, Danbury. Plaintiff’s attorney: Douglas J. Lewis, Bethel. Action: The plaintiff alleges to have entered into a contract for tree services for which the plaintiff was supposed to have been compensated. The plaintiff did not receive payment for the services rendered. The plaintiff claims monetary damages between $2,500 to $15,000. Filed Oct. 3. Case no. 6010622. Choi, Laura, et al., Bethel. Filed by Glen Highsmith, et al., Danbury. Plaintiff’s attorney: Toby M. Schaffer, Stamford. Action: The plaintiff is bringing a suit against the defendant for causing the plaintiff undue suffering from a medical procedure that had become infected. The defendant appears to be negligent of not following procedure. As a result the plaintiff has suffered from the loss of earnings due to his injuries and claims monetary damages in excess of $15,000. Filed Oct. 4. Case no. 6010623. PAR Hillcroft L.L.C., Dover, Delaware. Filed by Daniella Rivera, Danbury. Plaintiff’s attorney: Alan Scott Pickel, Stamford. Action: The plaintiff alleges to have experienced numerous incidences of flooding in her apartment, which has caused bacteria and/or toxic mold to develop. The defendant is negligent for allowing the unit to be in a hazardous condition and for its improper ventilation. The plaintiff has incurred medical expenses, relocation expenses and loss of earnings. The plaintiff claims monetary damages in excess of $15,000. Filed Oct. 2. Case no. 6010608. Prima IV Corp., Brookfield. Filed by Katherine Rogers, Hartford. Plaintiff’s attorney: John F. Riley Jr., Hamden. Action: The plaintiff alleges to have been caused to fall when she stepped into a sunken area in the pavement and claims the defendant is negligent in allowing the premises to remain in an unsafe and dangerous condition. The plaintiff has suffered from her injuries, was obliged to expend large amounts of money for medical care, and claims compensatory damages in excess of $15,000 and any other relief that the court deems fair and just. Filed Oct. 1. Case no. 6010592.
on the record Credits, Clients and Awards
On the Go: Business, Etc.
Eleonora Tornatore has joined the Alzheimer’s Association’s Connecticut chapter as executive director. Tornatore most recently served as the executive direcFriday Oct. 26 tor of The Greens at Cannondale, a senior “Leadership Styles I,” 9 a.m. to 4:30 p.m., Fairfield University’s living community in Wilton. Alumni House, 1073 N. Benson Road, Fairfield. $99. For information, call 254-4000, ext. 2140.
C2 Limited Design Associates of Fairfield has been honored with recognition by Lodging Hospitality in its selection of “Top Design & Architecture Firms.” Fairfield County Community Foundation in Bridgeport has awarded Visiting Nurse Services (VNS) of Connecticut a grant of $25,000 to subsidize the cost of providing home health and hospice care services for low-income and under-insured residents throughout Fairfield County. The funding will help VNS offset the costs of providing $2 million in unreimbursed and subsidized care each year for patients through its medically underserved program.
Stephen P. Wright of Trumbull has joined the Norwalk-based law firm of Goldman, Gruder & Woods as a partner, where he will continue to focus on debtor/ creditor rights, bankruptcy and commercial litigation. He holds an undergraduate degree from Florida State University and a Juris Doctorate degree from Western New England College.
Newsmakers Nelson & Associates, a staffing company with offices throughout the West Coast, Southwest and Northeast, has announced a new office location in Stamford. Heading up the Stamford location is Joseph Geoghegan, who has been with Nelson & Associates since 2006. As Nelson & Associates gains a foothold in Stamford, Geoghegan will hire additional recruiters and facilitate expansion of the branch to incorporate other staffing offerings in 2013.
Monday Oct. 29 Housatonic Valley Cultural Alliance Business Supports the Arts Awards Breakfast, 7:30 to 9 a.m., Crowne Plaza Danbury, 18 Old Ridgebury Road, Danbury. For information, visit hvculturalarts. org.
Saturday Nov. 3 Kennedy Center 48th Annual Four Seasons Ball, 7 p.m., Patterson Club, 1118 Cross Highway, Fairfield. $200. For information, call 365-8522, ext. 216, or visit thekennedycenterinc.org.
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Information for these features has been submitted by the subjects or their delegates.
THE Perkins Eastman Stamford office has announced the following individuals have been promoted to associate. Adriana I. Campos of Stamford. Denise Keaveney of Yonkers, N.Y. Meredith Taubin of New Rochelle, N.Y.
Niva Shrestha has joined Marketing Management Analytics in Wilton as senior vice president of strategic accounts. Most recently, she was with Market Fusion Analytics where she served as senior vice president of marketing analytics. Shrestha holds a Ph.D. and a Master of Arts degree in sociology from the University of Chicago, and a Master of Arts degree in economics from Tribhuvan University in Kathmandu, Nepal.
I HELP KIDS HANG IN THERE
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Michael Cleveland is part of United Way’s ongoing work to improve the education, income, and health of our communities. To find out how you can help create opportunities for a better life for all, visit LIVEUNITED.ORG.
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Joana Jebsen, who has served as O’Donnell & Associates’ vice president for business development and marketing since 2007, has been named president of the market and product development firm, now rebranded as O’Donnell Learn, headquartered in Stamford.
INSTEAD OF JUST HANGING OUT ON SATURDAYS
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Daniel FitzPatrick of Greenwich has joined Webster Bank, a regional bank serving businesses and consumers from Westchester County, N.Y., to Boston, Mass., as executive vice president, private banking. FitzPatrick, a graduate of Dartmouth College and Vanderbilt Law School, brings 20 years of experience in the private client business.
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 29
on the record Pyramid Acquisition II Management L.L.C., Boston, Mass. Filed by Barbara Cobuzzi, Tinton Falls, N.J. Plaintiff’s attorney: James K. Smith, Danbury. Action: The plaintiff was lawfully on the premises and was caused to fall due to a defect in the rubber edging of the step at the top of the stairway leading to the breakfast area. The plaintiff has suffered injuries, some of which may be permanent in nature, and claims the defendant is negligent in properly maintaining the stairway and premises. The plaintiff claims monetary damages in excess of $15,000. Filed Oct. 10. Case no. 6010664.
Boehringer Ingelhiem Corp., et al., Ridgefield. Filed by Betty J. Eldredge, Tampa, Fla. Plaintiff’s attorney: Steven J. Errante and Marisa A. Bellair, New Haven. Action: This suit is brought against the defendant as the plaintiff was a consumer of the drug Paradax, which is an anticoagulant and is used to prevent strokes and blood clotting. The plaintiff has suffered from severe loss of blood, as the defendant was negligent by failing to include a boxed warning or a bolded warning as to the dangers of the drug. Following the plaintiff’s stay in hospital she had to be placed in a skilled nursing facility. The plaintiff claims monetary damages in excess of $15,000 and punitive damages. Solimine Contracting Filed Oct. 4. Case no. 6015693. L.L.C., Danbury. Filed by Marita Castelino, Stamford. Plaintiff’s attorney: Christopher M. Silva, Stam- Eden, Rafferty, Tetrau ford. Action: The plaintiff alleges to and Erlich, Worchester, Mass. have entered into a home-improve- Filed by Rohan Davis, Worchester, ment contract with the defendant Mass. Plaintiff’s attorney: Michael to restore and repair the premises of A. Stratton, New Haven. Action: the plaintiff. The defendant is negli- The plaintiff was injured in a colgent of a breach of duty as it failed lision caused by the negligence of to properly restore and care for the the Darien Police Department and premises. The plaintiff claims that the Connecticut State Police. The a judgment be passed in favor of plaintiff alleges that his counsel the plaintiff for compensatory eco- failed to give notice to the town of nomic damages for the repair to the Darien before the commencement premises and monetary damages of their suit, which caused a disin excess of $15,000. Filed Oct. 1. missal of the case against the plainCase no. 6010588. tiff. The plaintiff claims monetary damages in excess of $15,000 as the plaintiff had lost valuable causes of Spartan Bobcat & Con- action and full and fair compensacrete Services Inc., et al., tion for his injuries. Filed Oct. 4. Springfield, Mass. Filed by Big Y Case no. 6015699. Foods, Springfield, Mass. Plaintiff’s attorney: Kevin M. Roche, Hartford. Action: The plaintiff and defendant Grade A Shop Rite Comentered into a contract for snow-re- merce Road L.L.C., et al., moval services at a location in Beth- Stamford. Filed by Mary Lou Casel. The snow was piled on the roof- tronovo, Riverside. Plaintiff’s attop in a negligent manner covering torney: James C. Riley, Greenwich. drains, which caused substantial Action: The plaintiff alleges to have leaks. The defendant was negligent been caused to slip and fall, sustainon piling snow and causing dam- ing injuries that were due to the deage to the rooftop. The defendant fendant’s negligence in keeping the did not provide adequate snow premises in a safe and secure conremoval or utilize proper equip- dition. The plaintiff has incurred ment for the removal of snow. The medical expenses and claims monplaintiff claims monetary damages etary damages in excess of $15,000. in excess of $15,000. Filed Oct. 9. Filed Oct. 4. Case no. 6015686. Case no. 6010659.
Stamford Superior Court Ash Creek Saloon L.L.C., Norwalk. Filed by Agar Supply Co. Inc., Taunton, Mass. Plaintiff’s attorney: Neil Paul, West Hartford. Action: The plaintiff and defendant entered into an agreement in which the plaintiff would provide services to the defendant and the defendant would pay for said services. The defendant has not rendered payment for the services and owes the plaintiff the sum of $10,758.76. Filed Oct. 10. Case no. 6015742.
James McInerney d.b.a JV Mac Construction Co., Norwalk. Filed by Fairfield Insulation & Building Products, Norwalk. Plaintiff’s attorney: William E. Seiden, Avon. Action: The plaintiff provided work and furnished certain materials to the defendant, which remains unpaid in the sum of $6,290. The defendant has been negligent of paying the outstanding balance to the plaintiff. The plaintiff claims monetary damages, costs, interest and punitive damages. Filed Oct. 4. Case no. 6015698.
Joseph Badinter and B.G.M. Engineering L.L.C., Trumbull. Filed by 49 Greenwich Avenue Associates L.L.C., et al., Greenwich. Plaintiff’s attorney: Derek T. Werner, Hartford. Action: The plaintiff undertook a construction project and the defendant was retained to perform special inspections during the construction of the project and to submit reports of the inspections. The defendant had failed to discover errors and deficiencies with respect to the structural framing, the masonry or the anchoring of the masonry. The plaintiff had suffered severe financial loss in order to rectify the errors and deficiencies of the structural framing, the masonry and the anchoring of the masonry and claims monetary damages in excess of $15,000. Filed Oct. 4. Case no. 6015683. Metro-North Commuter Railroad Co., New Haven. Filed by Kristine Brents, Stamford. Plaintiff’s attorney: Richard N. Petrucci, Stamford. Action: The plaintiff sustained serious injuries while on a Metro-North train and has incurred medical expenses, loss of income and is disabled from future employment. The defendant failed to maintain the commuter vehicle in a safe and hazardous-free condition. The plaintiff claims monetary damages in excess of $15,000. Filed Oct. 3. Case no. 6015678. MJM Stamford Hardware L.L.C., Stamford. Filed by Lancaster Group, Atlanta, Ga. Plaintiff’s attorney: Howard, Evan, Ignal, Bridgeport. Action: The plaintiff provided merchandise and services to the defendant at the defendant’s request. The defendant has neglected to pay the outstanding amount of $17,024.10. The plaintiff claims monetary damages between $2,500 and $15,000. Filed Oct. 11. Case no. 6015756. Polidor L.L.C., Greenwich. Filed by Thebault Design Inc., Manchester Center, Vt. Plaintiff’s attorneys: Stephanie A. McLaughlin and Ryan W. Scully, Stamford. Action: The plaintiff entered into an agreement with the defendant to purchase specialty furniture and certain fabric, which was pre-paid by the plaintiff. The defendant is allegedly in breach of contract, covenant of good faith and fair dealings and unjust enrichment since the plaintiff paid for a service, which it did not receive to its satisfaction. The plaintiff claims monetary damages in excess of $15,000. Filed Oct. 9. Case no. 6015730.
30 Week of October 22, 2012 • Fairfield County Business Journal
Deer Hill Financial Group L.L.C., et al. Filed by United Securities and Exchange Commission, Kevin B. Currid, Boston, Mass.; and John Hughes, New Haven. The plaintiffs allege the defendant has engaged in a scheme to misappropriate at least $600,000 from at least 12 brokerage customers by falsely representing that he would invest their funds in securities. The defendant is negligent in having engaged in fraud in the offer of sale of securities, deceptive conduct in connection with the purchase of securities, engaged in fraudulent or deceptive conduct with respect to investment advisory clients and acted as unregistered broker-dealers in violation of the registration provisions of the federal securities laws. The plaintiffs ask the Brennan & Clark Ltd. court for a permanent injunction L.L.C., et al., Villa Park, Ill. against the defendant from engagFiled by Berry Milambo, West Ha- ing in the aforesaid business, issue ven. Sergei Lemberg, Stamford. The an order requiring the defendants plaintiff brings this action against to disgorge the ill-gotten gains, that the defendant for its repeated vio- they pay an appropriate civil penlations of the Fair Debt Collection alty for the illegal business dealings, Practices Act and the invasion of and a trial by jury. Filed Sept. 13. plaintiff’s personal privacy by the Case no. 12cv01317. defendants. The plaintiff allegedly incurred a financial obligation for $653 that the defendant Dominion Nuclear Conattempted to collect through necticut Inc., Waterford. means of harassment and abusive Filed by Paul Lute for William S. tactics. The plaintiff demands ac- Palmieri, New Haven. The plaintiff tual, statutory and punitive dam- brings this action against the deages, and a trial by jury. Filed Oct. 1. fendant for monetary damages and Case no. 12cv01397. for the defendant’s discrimination against the plaintiff’s age. The defendant had harassed the plaintiff, Burger King Corp. Filed by suspended the plaintiff without pay John D. Deane. The plaintiff alleges and terminated him in violation of unfair termination of employment the rights set forth in the Ameriby the defendant after the plaintiff cans with Disabilities Act. The observed and reported numerous plaintiff claims judgment against moral, ethical and legal problems the defendant for compensatory to the plaintiff’s management. The damages, noneconomic damages defendant is negligent in its pursuit and punitive damages. Filed Oct. 2. of fabricating allegations against Case no. 12cv01412. the plaintiff and terminating the plaintiff’s employment because of his initial report. The plaintiff Hospital for Special demands that the defendant be Care, New Britain. Filed by Jamie fined pursuant to federal law in Clarke, New Britain; and Emanuele the amount of $2 million, publicly R. Cicchiello, Hartford. The plainacknowledge the mistreatment of tiff alleges discrimination due to the plaintiff and pay the sum of gender and that the defendant has $50,000 to the plaintiff for prepar- violated Title VII of the Civil Rights ing legal research and prosecu- Act of 1964. The plaintiff had suftion of this action. Filed Sept. 17. fered from loss of work because of Case no. 12cv01332. the defendant’s inability to give the plaintiff an alternative work assignment. The plaintiff demands a trial by jury, monetary damages, back pay and reinstatement or front pay. Filed Sept. 28. Case no. 12cv01391.
RDJ Masonry Unlimited L.L.C., et al., Stamford. Filed by O&G Industries Inc., Torrington. Plaintiff’s attorney: Joseph M. Metzger, Torrington. Action: The plaintiff and defendant entered into a credit agreement to provide materials and services to the plaintiff. The plaintiff owes the sum of $13,624.80 to the defendant for materials and services. The plaintiff claims payment of the outstanding account, monetary damages and interest. Filed Oct. 9. Case no. 6015722.
U.S. District Court
Like New Auto Sales, et al. Filed by Chante Perry and Daniel S. Blinn. The plaintiff alleges that the defendant sold her a motor vehicle that was not in selling condition and was not adequately repaired. Furthermore, the defendant failed to provide the plaintiff with a copy of the retail installment sales contract. The plaintiff also claims fraud and civil forgery as the defendant created and forged her signature on a second retail installment sales contract. The plaintiff claims actual damages, statutory damages of $2,000 plus reasonable attorneys fees, common law punitive damages for the fraud claim, emotional distress and an order to cease and desist from engaging in unfair and deceptive practices. Filed Sept. 18. Case no. 12cv01335. MetLife Investors USA Insurance Co., Filed by Lauren Scott, Griswold. George C. Schober, Somers, N.Y. The plaintiff brings an action against the defendant as it failed to pay on a contract of insurance on the life of plaintiff’s deceased husband. The plaintiff requests a trial by jury and judgment against the defendant in favor of the plaintiff. Filed Sept. 28. Case no.12cv01392. Watson’s Manufacturing L.L.C., Springville, Tenn. Filed by Graeme G. Keeping, Guilford, and Theodore W. Heisler, Clinton. The plaintiff alleges to have suffered injuries from a motorcycle lift when the plaintiff’s right-hand fingers were crushed. The plaintiff claims these injuries were due to the defendant’s negligence as it delivered a lift that was defective without notifying the plaintiff. The plaintiff demands a trial by jury, compensatory damages, punitive damages and cost of suit. Filed Sept. 28. Case no. 12cv01387.
Deeds
Commerical South Avenue Properties L.L.C., Stamford. Seller: Big Bertha L.L.C., Coral Gables, Fla. Property: 15 South Ave., New Canaan. Amount: $3,540 million. Filed Oct. 1.
Residential 16 Cobblestone Court L.L.C., Brookfield. Seller: Clare KeeganBogle and Glen Bogle, Brookfield. Property: 16 Cobblestone Court, Brookfield. Amount: $740,000. Filed Oct. 1.
on the record 29 Ridge Street L.L.C., Old Greenwich. Seller: S. Montana Katz, Greenwich. Property: 29 Ridge St., Greenwich. Amount: $1.28 million. Filed Sept. 2.
Benz, Elizabeth Farley Clark, Westport. Seller: Wendy Bacher Boyd, Wilton. Property: 8 Glen Ridge, Wilton. Amount: $375,000. Filed Sept. 27.
305 Milbank Ave. L.L.C., Greenwich. Seller: ES Ventures One L.L.C., Southport. Property: 305 Milbank Ave., Greenwich. Amount: $1.85 million. Filed Sept. 27.
Berisha, Bujar, New Milford. Seller: Linda R. and David Haleks, Brookfield. Property: 33 Hillside Circle, Brookfield. Amount: $200,000. Filed Sept. 27.
606 Indian Field Road, L.L.C., Greenwich. Seller: Hillary Lea and Matthew Bernard, Greenwich. Property: 606 Indian Field Road, Greenwich. Amount: $6.1 million. Filed Sept. 1.
Bloomer, H. Franklin Jr., Riverside. Seller: Daniel Beyda, Riverside. Property: 333 Palmer Hill Road, Unit 3C, Riverside. Amount: $740,000. Filed Sept. 19.
781 North Wilton Road L.L.C., New Canaan. Seller: Mary Alice Chen, Bonita Springs, Fla. Property: 781 N. Wilton Road, New Canaan. Amount: $1.72 million. Filed Oct. 3.
Bonacci, Claire and Ali Jalai, Old Greenwich. Seller: Phylllis C. and James J. McDonald, Adventura, Fla. Property: 3 Bennett St., Greenwich. Amount: $2,175 million. Filed Sept. 3.
Booth, Jennifer L., Cos Cob. SellAhuja, Sapna and Anurag. Seller: er: Nancy M. Cacciola, Cos Cob. Donna L. and John H. Peeling. Property: 27 Bible St., Cos Cob. Property: 18 Seminary St., New Ca- Amount: $552,000. Filed Sept. 21. naan. Amount: $1.48 million. Filed Oct. 1. Brant, Christopher M., Greenwich. Seller: Twentieth Century Alexander, James A., Carmel, N.Y. Acquisition L.L.C., Greenwich. Seller: Pamela Puttre and Joseph Property: 417 Taconic Road, Fregosi, Ridgefield. Property: 13 Greenwich. Amount: $3.4 million. Lawson Lane, Ridgefield. Amount: Filed Sept. 21. $284,000. Filed Sept. 24. Brill, Laura and Donald E., Ambrecht, Reeves D., New Ca- Greenwich. Seller: Ann F. Sapadaro, naan. Seller: Lisa and Kenneth Greenwich. Property: 2 BendBacco, New Canaan. Property: ers Drive, Greenwich. Amount: 231 Frogtown Road, New Ca- $545,000. Filed Sept. 3. naan. Amount: $1.84 million. Filed Sept. 24. Catherwood, Laura J. and Stephen Paul, Darien. Seller: Jessica B. Anderson, Lois J. and Harlan E., and Paul F. McCurdy, New Canaan. Redding. Seller: Maples Inn Devel- Property: 274 Putnam Road, New opment Company L.L.C., Roway- Canaan. Amount: $1.67 million. ton. Property: 179 Oenoke Ridge, Filed Oct. 5. New Canaan. Amount: $2 million. Filed Sept. 27. Cingolani, Jennifer and Michael, Westport. Seller: Diana and George Andujar, Marlayna M. and Chris- Andrusyshyn, Westport. Property: topher A., Seller: Lilian Ermisch. 5 Woods Grove Road, Westport. Property: 18 N. Pleasant Rise, Amount: $580,000. Filed Sept. 26. Brookfield. Amount: $215,000. Filed Sept. 25. Cranston, Laura A. and David L., Greenwich. Seller: Joan M. and Angell, Btahnie M. and Er- John H. Roach Jr., Greenwich. nest Anthony, New York, N.Y. Property: 16 Oakwood Lane, Seller: Jeanne and Daniel Lynch, Greenwich. Amount: $2.3 million. Ridgefield. Property: 79 Bayberry Filed Sept. 17. Hill Road, Ridgefield. Amount: $580,000. Filed Sept. 27.
Demu, Marcia and Patrick Maroney, Westport. Seller: Mary K. and Michael Lieder, Westport. Property: 47 Gorham Ave., Westport. Amount: $1.13 million. Filed Oct. 1.
Harvey, Tara Minichino and Robert Patrick, Greenwich. Seller: Michele aka Michael Curdela, Greenwich. Property: 28 Woods Ave., Greenwich. Amount: $600,000. Filed Sept. 3.
Keen, Melodie and David. Seller: Amanda E.M. Donefer, Wilton. Property: 67 Twin Oak Lane, Wilton. Amount: $712,000. Filed Oct. 4.
Lederer, Wendy Caplin and Jeff. Seller: Roberta P. Harsch, Elizabethtown, Ky. Property: 30 Rustic View Road, Greenwich. Amount: $1.55 million. Filed Sept. 18.
DFTT L.L.C., Greenwich. Seller: Estelle M. and John Phillips, Riverside. Property: 26 Pilot Rock Lane, Greenwich. Amount: $5.30 million. Filed Sept. 18.
Hearn, Christopher K. Seller: Christine A. and Roy L. Sandfest, Greenwich. Property: 15 Pinecroft Road, Greenwich. Amount: $5.45 million. Filed Sept. 17.
Kenneally, Courtney and Ryan, New Canaan. Seller: Elizabeth and Richard H. B. Livingston, Hudson, N.Y. Property: 17 Hampton Lane, New Canaan. Amount: $775,000. Filed Oct. 2.
Lundquist, Nora V., Brookfield. Seller: Bonnie T. and Henri W. Bodee, Wayne, N.J. Property: 8 Carriage Lane, Brookfield. Amount: $379,000. Filed Sept. 24.
Eldh, Joyce C. and Richard E. Jr. Seller: Judith S. Barr. Property: 3 Over Rock Lane, Westport. Amount: $915,000. Filed Sept. 28.
Hildebrand, Sean. Seller: Victor R. Simone Jr. Property: Hubbell Farm Road, Sherman. Amount: $120,000. Filed Sept. 18.
Elk Homes Partners L.P., Rye, N.Y. Seller: Lucille C. and John R. O’Dwyer. Property: 12 Hearthstone Drive, Greenwich. Amount: $1.38 million. Filed Sept. 20.
Hill, Carol W. and Henry P., Wilton. Seller: Lambert Common 2000 Realty Trust, Salem, N.H. Property: Unit Garage G-50, Wilton. Amount: $20,000. Filed Sept. 21.
Fandel, Linda and James, Bethel. Seller: Maureen and Jeffrey T. Barbour, Waxhaw, N.C. Property: 11 Candlewood Knolls, New Fairfield. Amount: $425,000. Filed Oct. 1.
Hogan, Stephanie and Kenneth, New Canaan. Seller: Anne M. and Paul B. Murray, New Canaan. Property: 122 Seminary St., New Canaan. Amount: $844,000. Filed Oct. 3.
Fogarty, Joann and Thomas, South Salem, N.Y. Seller: Carol and John N. Paterson, Ridgefield. Property: 9 Green Lane, Ridgefield. Amount: $865,000. Filed Sept. 26. Frangoulis, Maria Aelene and Alexandros Stathis Kedros. Seller: Gloria N. and Gregory J. McDonald. Property: 76 Riversville Road, Greenwich. Amount: $2.4 million. Filed Sept. 28. Gille, Deborah S. and Roland W., Charlottesville, Va. Seller: Stephanie Pierson and Jay Ugol, Weston. Property: 22 Ledgewood Road, Weston. Amount: $720,000. Filed Oct. 1. Greenwich Reform Synagogue Inc., Greenwich. Seller: Jane Elizabeth Mader, Cos Cob. Property: 92 Orchard St., Cos Cob. Amount: $900,000. Filed Sept. 2. Groveman, Lauren and Jonathan, Larchmont, N.Y. Seller: Jessica B. and David J. Harris, Weston. Property: 27 Twin Walls Lane, Weston. Amount: $2,025 million. Filed Oct. 5.
Hughes, Anthony A. and John Jude Anzalone, New York City. Seller: Janet K. and Arthur Marcus, New Fairfield. Property: 61 Ball Pond Road, New Fairfield. Amount: $400,000. Filed Oct. 2. Jensen, Marina A. and Craig D., Ridgefield. Seller: Joan D. and Robert L. Meyers, Timonium, Md. Property: 5 Holmes Road, Ridgefield. Amount: $725,000. Filed Sept. 24. Kaeser Development L.L.C., Weston. Seller: Elaine Ellsworth Cook, Westport. Property: Parcel 610B Weed St., New Canaan. Amount: $706,875. Filed Oct. 2. Katherine L. and Jonathan H. Owsley, New Canaan. Seller: Cynthia A. Rapp and Andrew D. Hopkins, New Canaan. Property: 30 Bob Hill Lane, New Canaan. Amount: $1.43 million. Filed Oct. 3.
King, Rebekah and Brett A., New York, N.Y. Seller: Carolyn Cole, New Canaan. Property: 327 Jeliff Mill Road, New Canaan. Amount: $820,000. Filed Oct. 5. Klein, Anne M. Seller: US Bank N.A., Dallas, Texas. Property: 5 Edelweiss Lane, Building 35, Unit 5, Ridgefield. Amount: $197,000. Filed Sept. 28. Kong, Susie and Godon Hamilton, Cos Cob. Seller: Pamela D. Herring, New Canaan. Property: 65 Ash Tree Lane, New Canaan. Amount: $1.37 million. Filed Sept. 25. Kroon, Pieter and Cecilia Wijne-Kroon, Riveside. Seller: Dirk Salamons, New York City. Property: 65 Florence Road, Greenwich. Amount: $842,500. Filed Sept. 26. Kruger, Rebecca and Allen Vetrosky, Greenwich. Seller: Tania and Paul Foster, Cambridge, United Kingdom. Property: 13 Webb Ave., Old Greenwich. Amount: $1.35 million. Filed Sept. 24. Ktorides, Nicholas C., New York City. Seller: Serene W. and David C. Zegarelli, Ridgefield. Property: 1 Peaceable Hill Road, Ridgefield. Amount: $580,000. Filed Sept. 28. L. Nasima L.L.C., New Canaan. Seller: Maximilian Pacioretty, New Canaan. Property: 289 Park St., Unit C, New Canaan. Amount: $1.47 million. Filed Sept. 24.
LALO L.L.C., Brookfield. Seller: Kaufman, Charles B. III, trustee, Amy M. Read, Brookfield. ProperGreenwich. Seller: Katherine R. and ty: 13 Chatham Court, Brookfield. Leonard B. McKay Jr., Greenwich. Amount: $126,000. Filed Oct. 2. Property: Lot 18, Map 3180, Greenwich. Amount: $6.2 million. Filed Sept. 27.
MacRae, Elizabeth and Caspar, Greenwich. Seller: Joyce E. and Robert H. Newton, Cos Cob. Property: 28 Meadow Drive, Cos Cob. Amount: $799,000. Filed Sept. 21. Madhoun, Caitlin, New York City. Seller: Christine Canter and Scott Cerutti, Ridgefield. Property: 10 Armand Road, Ridgefield. Amount: $729,000. Filed Sept. 24. Mcarar, Bruce George, Old Greenwich. Seller: Terry S. and Thomas R. Clements, Old Greenwich. Property: 12 Hendrie Drive, Old Greenwich. Amount: $1.29 million. Filed Sept. 21. McCoy, Philece and Marc, Stamford. Seller: Frances K. and Richard A. Boulds, Ridgefield. Property: 24 Golf Lane, Ridgefield. Amount: $815,000. Filed Sept. 28. McIntyre, Nina F. and Christopher T., Old Greenwich. Seller: Elizabeth H. Newman and Thomas J. Silberstein, Old Greenwich. Property: 7 Ricki-Beth Lane, Old Greenwich. Amount: $2.47 million. Filed Sept. 17. McKiernan, Cassie L. and Anthony M., Ridgefield. Seller: Ramey Construction Inc., Danbury. Property: 25 Stonecrest Road, Ridgefield. Amount: $1.50 million. Filed Sept. 28. Memoli, Jacquelyn and Michael, Ridgefield. Seller: Melanie L. and Jean Paul Desrosiers Jr., Ridgefield. Property: 62 Longview Drive, Ridgefield. Amount: $385,000. Filed Sept. 24. Miller, Theresa L. and Douglas A. Seller: Angela H.B. Montague. Property: 118 Indian Hill Road, Wilton. Amount: $692,000. Filed Sept. 25.
THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 31
on the record Mulvaney, Mark, Ridgefield. Seller: Pauline V. Reid, Brookfield. Property: 100 Long Meadow Hill Road, Brookfield. Amount: $346,700. Filed Sept. 24.
Roper, Nana Kim and Theodore Earl, New York City. Seller: Darla A. and Mason L. Crocker. Property: 15 N. Calvin Road, Weston. Amount: $1.02 million. Filed Sept. 28.
Sullivan, Michelle A. and Michael P. O’Donnell. Seller: Claudia Patricia Restrepo and Orlando Tenorio, Greenwich. Property: 35 Midbrook Lane, Greenwich. Amount: $1.4 million. Filed Sept. 25.
Wilkinson, Holly R., Westport. Seller: Sally A. Sarsfield and Jonathan S. Lach, Westport. Property: 9 Broadview Road, Westport. Amount: $1.5 million. Filed Sept. 26.
Newman, Elizabeth H. and Thomas J. Silberstein, Greenwich. Seller: CLT Millbank L.L.C., Fairfield. Property: 137 Milbank Ave., Greenwich. Amount: $3.38 million. Filed Sept. 24.
Rossi, Victoria J. and Brian Sudano. Seller: Christina D. and Thomas P. McDonagh, Norwalk. Property: 11 Woodway Lane, Wilton. Amount: $1.4 million. Filed Sept. 11.
Sun, Ning and Jianwie Wang, Wilton. Seller: Kevin M. Higgins, Wilton. Property: 33 Skunk Lane, Wilton. Amount: $910,000. Filed Sept. 25.
Williams, Jana K. and Christopher D., Culver City, Calif. Seller: Olena Turkalo and Mark H. Kaltenborn, Ridgefield. Property: 272 Bennetts Farm Road, Ridgefield. Amount: $585,000. Filed Sept. 28.
Noone, Belinda Borea, Ridgefield. Seller: Robin H. and William S. Miles, New Canaan. Property: 569 Old Stamford Road, New Canaan. Amount: $615,000. Filed Sept. 27.
Santosa, Cecilia and Jimmy Sutjito, Danbury. Seller: Donna Mullen-Zandari, Danbury. Property: 87 Ridgebury Road, Ridgefield. Amount: $515,000. Filed Sept. 24.
Sweeney, Ledice and Phillip James, Harwich, Mass. Seller: Julie Anne R. Valeo, Wilton. Property: 18 Chessor Lane, Wilton. Amount: $540,000. Filed Sept. 11.
Woodside Development L.L.C., Riverside. Seller: Janet H. and William R. Woods Jr., Greenwich. Property: 21 Woodside Drive, Greenwich. Amount: $1.35 million. Filed Sept. 25.
O’Grady, Kristyn P. and Kevin E., Norwalk. Seller: Kathy V. Kierch, Wilton. Property: 33 Deer Run Road, Wilton. Amount: $625,000. Filed Sept. 14.
Saunders, Evonne Marie and John Williams. Seller: Sally Ann Phillips and Thomas Matthew Comerford, Old Greenwich. Property: 1465 E. Putnam Ave., Unit 317, Greenwich. Amount: $432,000. Filed Sept. 26.
Toth, Zoltan, Westport. Seller: Kaye C. and Ronald D. Leong, Westport. Property: 34 Little Fox Lane, Westport. Amount: $861,000. Filed Sept. 28.
Pecora, Sylvester J. Sr., Riveside. Seller: Thomas M. Shaw, Columbus, Ohio. Property: 41 Charles Schwartz, Kathleen and LawSt., Greenwich. Amount: $125,000. rence. Seller: Vivian M. Dye. PropFiled Sept. 27. erty: 117 Lansdowne, Westport. Amount: $625,000. Filed Oct. 3. Perri, David D. Jr., Greenwich. Seller: Rosaria Capozza, Greenwich. Property: 35 Charles St., Greenwich. Amount: $610,000. Filed Sept. 2. Preng, Julie A. and Richard J., Greenwich. Seller: Sherry L. Schwartz, Greenwich. Property: 6 Brookside Park, Greenwich. Amount: $3.07 million. Filed Sept. 2. Ridgefield Park Mortgage Corp., Ridgefield. Seller: Bankruptcy estate of Ruth Jones, New Canaan. Property: 75 Beacon Hill Lane, New Canaan. Amount: $2.25 million. Filed Sept. 27. Roberts, Thoma A.L. and Amy Y., Cos Cob. Seller: Katherine and Shiro Nogaki. Property: 11 Grove St., Cos Cob. Amount: $720,000. Filed Sept. 1. Roh, Jennifer H. and John J., Weston. Seller: Kara Holden and Ryan Patrick Devlin, Westport. Property: 1 Crow Hollow Lane, Westport. Amount: $491,000. Filed Sept. 26.
Sementilli, Richard, New York City. Seller: Lorraine Capone Packer, New Paltz, N.Y. Property: 175 Green Pond Road, Sherman. Amount: $602,000. Filed Sept. 25.
Uniacke, Kim M., Brookfield. Seller: Elizabeth Anne Martin and Elizabeth Gallagher, Scottsdale, Ariz. Property: 32 Lilinonah Drive, Brookfield. Amount: $464,000. Filed Sept. 28. Valk, G. Lindsay and Virginia S. Becker, New Canaan. Seller: Kirsten R. and George B. Wendell, New Canaan. Property: 150 Woodridge Drive, New Canaan. Amount: $1.4 million. Filed Sept. 25.
Singh, Kavita D. and Deoraj L., Danbury. Seller: Samuel Gonzalez Jr., New Fairfield. Property: 4 Flora St., New Fairfield. Amount: $166,284. Filed Oct. 5.
Villarroya, Beatriz and Sebastian Canale. Seller: Connecticut Community Bank N.A. d.b.a. The Greenwich Bank and Trust Co., Westport. Property: 71 Orchard St., Cos Cob. Amount: $1 million. Filed Stella, Maureen B. and Robert P., Sept. 1. New York City. Seller: William P. Beckmann, St. Louis, Mo. Property: Lot 15, Map 135, New Fairfield. Von Ziegesar, Sindy Subance and Alexander, New York City. Amount: $53,000. Filed Oct. 5. Seller: Marina Collins and William J. Reik III, New Canaan. Property: Stern, Erin and Andrew, Green- 42 Clapboard Hill, New Canaan. wich. Seller: Jill and Kirk Kinnear, Amount: $887,500. Filed Oct. 2. Edmond, Okla. Property: 42 WildMerry Lane, Greenwich. Amount: Waldis, Sheila D. and Matthew $1.99 million. Filed Sept. 25. Waldis, Brooklyn, N.Y. Seller: Sheila D. and Harold Shupack, Weston. Stone Financing L.L.C., Scotts- Property: 9 Autumn Ridge Road, dale, Ariz. Seller: Sharon and Rod- Weston. Amount: $850,000. Filed erick Reed. Property: Lot 70, Map Oct. 2. 1114, Greenwich. Amount: $2.33 million. Filed Sept. 27. Westfall, Laura J. and Robert C. Miller, Stamford. Seller: Ilene Strychalsi, Nicholas C., Green- Mankoff, Greenwich. Property: wich. Seller: Philip G. Lavoie, 44 Green Hills Drive, Greenwich. Fairfield. Property: 109 Pember- Amount: $679,000. Filed Sept. 18. wick Road, Greenwich. Amount: $557,500. Filed Sept. 28.
32 Week of October 22, 2012 • Fairfield County Business Journal
Wright, Jennifer and Colton, Wilton. Seller: Sarah W. and John P. O’Malley. Property: 55 Range Road, Wilton. Amount: $703,232. Filed Sept. 18. Yachulke, Miranda and Justin Luis, New Milford. Seller: Maureen A. Ventrella, Brookfield. Property: 4 Horseshoe Drive, Brookfield. Amount: $221,500. Filed Sept. 27.
Argiento, John A. Jr., Sherman. $1,821.06 in favor of New Milford Hospital, New Milford, by Karen E. Lahey, Waterbury. Property: 49 Cozier Hill Road, Sherman. Filed Alpine Road L.L.C., Darien. Seller: Sept. 14. That Customers Bank, Phoenixville, Pa. Property: 8 Alpine Road, Eric, Sherman. Greenwich. Amount: $1.75 million. Belanger, $10,493.58 in favor of Midland Filed Sept. 28. Funding L.L.C., San Diego, Calif., by Stephen A. Wiener, East HartAnthony, Andrea Edwards, ford. Property: 10 Farm Road, Greenwich. Seller: estate of Flor- Sherman. Filed Sept. 25. ence and Manuel Bonvenuto, Greenwich. Property: 1 Putnam Hills, No. 2A, Greenwich. Amount: Buzzo, Jesse C., Brookfield. $8,742.27 in favor of Capital One $331,000. Filed Sept. 25. N.A., Richmond, Va., by Stephen A. Wiener, East Hartford. Property: Csatoday, Elizabeth and Peter. 10 Tailing Ridge Road, Brookfield. Seller: Real Estate Holdings L.L.C., Filed Oct. 9. Rdigefield. Property: 40 Oak Ridge St., Unit 2, Greenwich. Amount: Carey, Thomas, et al., Ridge$835,000. Filed Oct. 1. field. $1,276 in favor of Ridgefield Smile Center, Ridgefield, by RobRocco, Donna and Robert, Green- ert L. Peat, Danbury. Property: 61 wich. Seller: Susan P. Durniak, Madeline Drive, Ridgefield. Filed Greenwich and Clifford S. Peters, Sept. 24. Bellows Falls, Vt. and George Laurence Peters, Greenwich. Property: 1 Milbank Ave., Apt. 56, Greenwich. Conley, Thomas, Sherman. $750.00 in favor of Danbury HosAmount: $360,000. Filed Sept. 27. pital, Danbury, by Robert L. Peat, Danbury. Property: 99 Church Road, Sherman. Filed Sept. 20.
Quit claim deeds
Yeminy, Matityahu, Greenwich. Foreclosures Seller: Julie E. Taylor, Greenwich. Property: 31 Green Lane, Unit 2, Greenwich. Amount: $416,000. Purvis, Daniel T., et al. Creditor: Filed Sept. 28. Compass Bank, Bellmore, N.Y. Property: 181 Deer Run Road, Wilton. Mortgage default. Filed Zakka, Noor and Richard, New Sept. 11. York City. Seller: Marta A. Peterson, Westport. Property: 25 Oak St., Westport. Amount: $683,000. Filed Romanello, Valerie, et al. CrediOct. 1. tor: Wells Fargo Bank N.A., Frederick, Md. Property: 4 Clement Road, New Fairfield. Mortgage default. Zepeda, Eunice and Antonio De- Filed Oct. 3. Franco Jr., Port Chester, N.Y. Seller: Elsie Vasquez and Minchul Cho, Greenwich. Property: 175 Henry Soni, Dharmendra C., et al. CredSt., Greenwich. Amount: $715,500. itor: BAC Home Loan Service L.P., Filed Sept. 24. Fort Worth, Texas. Property: 36 Monika Lane, Brookfield. Mortgage default. Filed Oct. 2. Zottola, Teresa and Robert F., Naples, Fla. Seller: Charles E. Coates III, trustee, Greenwich. Property: Judgments 47 Lafayette Place, Greenwich. Amount: $365,000. Filed Sept. 3. Abbott, Luis M., et al., Brookfield. $4,040.75 in favor of Brookfield Hills Condominium Unit Owners Residential Deeds This week’s electronic Records Association Inc., Brookfield, by order of the court. Property: 6 MonSection contains 60 more ika Lane, Brookfield. Filed Oct. 5. residential deeds on westfai-
ronline.com. Subscribe to our membership package to access our expanded digital Records Section.
Darcangelo, Carole, Brookfield. $4,779.20 in favor of Target National Bank, Minneapolis, Minn., by Stephen A. Wiener, East Hartford. Property: 5 D’Arcangelo Drive, Brookfield. Filed Oct. 2. Drukker, Jolene, Ridgefield. $15,260 in favor of Electric Insurance Co., Beverly, Mass., by Donald P. Cianci, Columbia. Property: 73 Aspen Ledges Road, Ridgefield. Filed Sept. 28. Evans, Pamela Ann, Westport. $9,018.67 in favor of U.S. Equities Corp., South Salem, N.Y., by Linda Strumpf, New Canaan. Property: 81 Old Road, Westport. Filed Oct. 4. Geronimos, Lillian, Greenwich. $619.95 in favor of Portfolio Recovery Associates L.L.C., Norfolk, Va., by Stephen A. Wiener, East Hartford. Property: 1180 Round Hill Drive, Greenwich. Filed Sept. 21.
Hawreluk, Peter J., Greenwich. $10,044.01 in favor of Midland Angermueler, Victor, New Ca- Funding L.L.C., San Diego, Calif., naan. $6,333.04 in favor of Ameri- by Stephen A. Wiener, East Hartcan Express Centurion Bank, ford. Property: 14 Lucy St., Apt. B, Salt Lake City, Utah, by Kevin M. Greenwich. Filed Sept. 27. Hughes and Benjamin P. Mann, Enfield. Property: 151 Weeburn Drive, New Canaan. Filed Sept. 27.
on the record Head, William Eric, et al., Wilton. $22,584.39 in favor of Village Walk Condominium Association Inc., Wilton, by order of the court. Property: 52 Village Walk, Wilton. Filed Oct. 2.
Williams, Francine M., Greenwich. $18,968.98 in favor of RAB Performance Recoveries L.L.C., Paramus, N.J., by Stephen A. Wiener, East Hartford. Property: 1400 King St., Greenwich. Filed Sept. 15.
Lund, Mindi, Westport. $47,970.26 in favor of Citibank N.A., Sioux Falls, S.D., by Stephen A. Wiener, East Hartford. Property: 22 Hales Court,, Westport. Filed Sept. 27.
Ragan, Suzannah F. and Daniel E., 49 Hillside Drive, Greenwich. $387,084.51, tax debt on income earned. Filed Sept. 18.
Palmeri, Paul E., 114 Country Club Road, New Canaan. $123,163.74, tax debt on income earned. Filed Sept. 26.
Samoya, Mary G., 135 J. Evaristo Ave., Greenwich. $12,156.48, tax debt on income earned. Filed Sept. 17.
Finlayson, Douglas M., 255 Schmaling, Dennis F., 6 Alexander Round Hill Road, Greenwich. St., Greenwich. $12,510.89, tax debt $75,660.05, tax debt on income on income earned. Filed Sept. 18. earned. Filed Sept. 18.
Palmeri, Paul E., 114 Country Club Road, New Canaan. $63,315.74, tax debt on income earned. Filed Sept. 26.
Smith, Pauline and Richard, 10 Windy hill Road, Redding. $75,213.89, tax debt on income earned. Filed Sept. 25.
Sky Dental Laboratories Inc., 616 Federal Road, Brookfield. Palmeri, Paul E., 114 Coun$17,689.05, payroll taxes and quar- try Club Road, New Canaan. $70,840.17, tax debt on income terly tax returns. Filed Sept. 24. earned. Filed Sept. 26.
Zaic, Deborah S., 215 Ridgefield Road, Ridgefield. $15,534.11, tax debt on income earned. Filed Sept. 24.
Thacker, Ollie B. Fields, 115 Valley Road, Westport. $13,385.34, Samoya, Mary G., 135 J. Evaristo tax debt on income earned. Filed Ave., Greenwich. $12,156.48, tax debt on income earned. Filed Sept. 24. Sept. 17.
Mechanic’s Liens - Filed
Dimassimo, Carol Patricia, 1 Grigg St., Apt. 4, Greenwich. $1,691.19, tax debt on income earned. Filed Sept. 17.
Wubbenhorst, John Jr., Greenwich. $ 3509.59 in favor of Midland Funding L.L.C., San Diego, Calif., by Stephen A. Wiener, East Hartford. Property: 35 Leonard Ave., Gibbs, Giselle and Michael A., 114 E. Elm St., Greenwich. $98,217.51, Riverside. Filed Sept. 27. tax debt on income earned. Filed Martino, Eileen S., et al., New Oct. 1. Fairfield. $1,258.49 in favor of Jennings Oil Co., Danbury, by Philip Gruson, Edward, 150 Route 39 S. H. Monogan, Waterbury. Property: Leases Sherman. $55,722.07, tax debt on 5 Mount Laurel Drive, New Fairincome earned. Filed Oct. 2. field. Filed Oct. 9. Wilton Family Eye Care L.L.C., by Irene Rosenberg. Landlord: Holt Noble, Elizabeth, Brookfield. McCord. Property: 1 Gruman Hill Healey, Kim and John McReight, $350.01 in favor of Danbury Hos- Road, Wilton. Term: five years com- 153 East Ave., New Canaan. $33,040.31, tax debt on income pital, Bethel, by Stephen A. Wiener, mencing Sept. 14. Filed Oct. 1. earned. Filed Sept. 25. East Hartford. Property: 12 Deer Run, Brookfield. Filed Oct. 9. Liens Heineken, Joel, 17 Brooks Lane, Brookfield. $19,994.64, tax debt on O’Neill, Anthony J., Wilton. income earned. Filed Oct. 1. $2,942.25 in favor of Capital One N.A., Richmond, Va., by Russell L. London, Newington. Property: 38 JLC Technologies L.L.C., 100 Old Nursery Drive, Wilton. Filed W. Putnam Ave., Greenwich. Sept. 20. Marmah Inc., Grreenwich. $271,270.02, failure to file, or file $282,755 in favor of Silvio Bendetto correct information returns. Filed Perlman, Jeanette, Sherman. Associates Inc., Greenwich. Filed by Oct. 1. $3,425 in favor of Capital One N.A., Silvio Bendetto. Property: Lot 12, Glen Allen, Va., by Stephen A. Wie- 13, 14, 15 and 16, Map 3, Green- Katz, Leigh and Seth, 1 Tiffany ner, East Hartford. Property: 3 Fox wich. Filed Sept. 19. Lane, Westport. $15,247.20, tax debt Run, Sherman. Filed Sept. 18. on income earned. Filed Oct. 1.
Broker’s Liens – Filed
Federal Tax Liens – Filed
Reedy, Lisanne and Carles, Westport. $4,047.71 in favor of David R. Stebbins, Norwalk, by Abraham M. Hoffmann, Trumbull. Prop- Barnaby, Elizabeth D. and Mierty: 44 Gorham Ave., Westport. chael A., 25 Tait Road, Greenwich. Filed Sept. 27. $152,386.25, tax debt on income earned. Filed Oct. 1. Seccurra, Frank d.b.a. Preffered Towing, et al., Wilton. $100,746 in Bayer, Joanne L. and Glenn W., 10 favor of Margaret Tarala, Norwalk, Tiffany Lane, Westport. $74,188.98, by Simon Sumberg, Nowalk. Prop- tax debt on income earned. Filed erty: 25 Butternut Place, Wilton. Sept. 24. Filed Sept. 28.
Trefny, Peter M., 26 Prospect Drive, Greenwich. $9,164.75, tax Tucci, Joseph, 12 Overlook Road, debt on income earned. Filed Westport. $37,345.61, tax debt on income earned. Filed Oct. 1. Sept. 18.
Federal Tax Liens – Released
Tyree, Stephen, 16 Hearthstone Lane, Wilton. $646,766.07, trust fund recovery penalty and/or excise taxes imposed. Filed Sept. 24.
Bier, Maria A., Old Greenwich. Filed by Pickwick Plumbing & Heating Inc., Greenwich, by Luiz Spika. Property: 66 Park Avenue South, Old Greenwich. Amount: $8,657.38. Filed Sept. 28.
Neff, Brian, Greenwich. Filed by Greenwich Home and Garden L.L.C., Greenwich, by Steven J. Jacholyk. Property: 767 Lake Ave., Westport Music Center L.L.C., Greenwich. Amount: $16,298.54. Bernstein, Robert S., 606 Post Road East, Westport. $37,892.69, 1460 Post Road East, Westport. Filed Sept. 24. tax debt on income earned. Filed $29,292.36, payroll Taxes. Filed Sept. 24. Oct. 1. Farrison, Andrea S. and Yuri, 415 Newtown Turnpike, Weston. $12,102.05, tax debt on income earned. Filed Oct. 1.
Klokel, Cynthia and John, 20 Putnam Green, Unit 2D, Greenwich. Fisher, Emily and Christopher $20,429.25, tax debt on income A., 13 Doverton Road, Greenwich. earned. Filed Sept. 17. $221,200.11, tax debt on income earned. Filed Sept. 24. Leigh, Jocelyn, P.O. Box 91, Sherman. $2,002.86, tax debt on income Kerslake, William G., 7 Loch earned. Filed Oct. 2. Lane, Apt. 3, Greenwich. $8,233.03, tax debt on income earned. Filed Massarella Landscaping Inc., 629 Sept. 17. Smith Ridge Road, New Canaan. $92,272.80, employer’s federal un- Klein, Madeline I., 15 E. Putnam employment tax return and failure Carrington, Alma, 33 Talbot Lane, to file, or file correct information Ave., Greenwich. $171,804.28, tax debt on income earned. Filed Strauss, Mark E., Greenwich. Greenwich. $12,083.81, tax debt on returns. Filed Oct. 2. Sept. 18. $3,160.12 in favor of Greenwich income earned. Filed Sept. 24. Hospital, Greenwich, by Richard Terry, Hamden. Property: 1 North Molesworth, Donna and Mark, St., Old Greenwich. Filed Sept. 21. Deborah A. and Stephen Parnes, 63 Kings Highway North, Westport. Lippman, Kenneth J., 18 Sylvan 4 Crestwood Road, Westport. $41,778.82, tax debt on income Road South, Westport. $3,273.25, payroll taxes and quarterly tax re$130,380.85, tax debt on income earned. Filed Sept. 24. turns. Filed Oct. 1. earned. Filed Sept. 24.
Mechanic’s Liens Federal Tax Liens – Released – Withdrawal Bedoya, Mary Grace, 135 J. Evaristo Ave., Greenwich. $10,331.21, tax debt on income earned. Filed Sept. 17.
Blanco, Marla and Herbert Perez, Greenwich. Filed by Francis Development L.L.C., Greenwich, by Frank Usowski. Property: 25 W. Elm St., Unit 30, Greenwich. Amount: $19,807. Filed Sept. 21.
Britt, Matt, P.O. Box 639, Ridge- Blanco, Marla and Herbert Perez, field. $33,664.35, tax debt on in- Greenwich. Filed by Francis Decome earned. Filed Sept. 24. velopment L.L.C., Greenwich, by Frank Usowski, Manager. Property: Denke, Stacey and John Farn- 25 W. Elm St., Unit 30, Greenwich. ham, 79 West Lane, Ridgefield. Amount: $9,542.48. Filed Sept. 21. $82,438.94, tax debt on income earned. Filed Sept. 24. Farnham, John, 79 West Lane, Ridgefield. $32,522.20, tax debt on income earned. Filed Sept. 24.
Higginson, Maria M. and Matthew S., 5 Florida Hill Road, Ridgefield. $23,303.20, tax debt on inLitwin, Fred, 21 Surrey Drive, come earned. Filed Sept. 24. Brookfield. $245.97, tax debt on income earned. Filed Oct. 1.
THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 33
on the record Costello, Jane T., et al., Westport. Filed by Paul A. DeGenaro, Stamford, for People’s United Bank, Bridgeport. Property: 16 Antonik, Paul J., et al., Green- N. Ridge Road, Westport. Acwich. Filed by Loren M. Bis- tion: to foreclose a delinquent berg, Farmington, for JPMorgan mortgage in the original prinChase Bank N.A., Columbus, cipal amount of $200,000 dated Ohio. Property: 6 Dale Drive, July 2004. Filed Sept. 27. Greenwich. Action: to foreclose a delinquent mortgage in the original principal amount of Haines, Daniel F., et al., Brook$340,000 dated September 2002. filed. Filed by Mario Arena, Hartford, for The Bank of New Filed Sept. 27. York Mellon, trustee, New York City. Property: 20 Hop Brook Bies, Rolanda K., et al., Sher- Road, Brookfield. Action: to man. Filed by Loren M. Bisberg, foreclose a delinquent mortgage Farmington, for U.S Bank N.A., in the original principal amount trustee, Salt Lake City, Utah. of $339,200 dated July 2004. Property: 32 Hardscrabble Road, Filed Oct. 3. Sherman. Action: to foreclose a delinquent mortgage in the original principal amount of $481,000 Hallock, Jeffrey Alan, et al., dated October 2005. Filed Oct. 3. Sherman. Filed by Anne R. Hoyt, Hartford, for U.S Bank N.A., trustee, Salt Lake City, Utah. Cappiello, John F. Sr., et al., Property: 8 Durgy Lane, SherGreenwich. Filed by Marshall man. Action: to foreclose a deGoldberg and Christine D. Salm- linquent mortgage in the original 211215A01 on, Stamford, for First County principal amount of $112,000 Bank, Stamford. Property: 1545 dated May 1988. Filed Sept. 25. E. Putnam Ave., Greenwich. Action: to foreclose a delinquent mortgage in the original principal amount of $300,000 dated April 2008. Filed Sept. 27.
Lis Pendens
Hickey, Michael, et al., Wilton. Filed by Douglas Sauvé, Esq., Hartford for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 10 New St., Wilton. Action: to foreclose a delinquent mortgage in the original principal amount of $498,400 dated June 2005. Filed Oct. 3.
Letersky, Darlene, et al., Weston. Filed by Louis C. Zowine, Bridgeport, for People’s United Bank, Bridgeport. Property: 274-276 Lyons Plain Road, Weston. Action: to foreclose a delinquent mortgage in the original principal amount of $525,000 dated April 2004. Filed Sept. 27.
271 West Putnam L.L.C., Cos Cob, by Zangari, Cohn, Cuthb- New Businesses ertson P.C., New Haven. Lender: People’s United Bank, New Haven. Property: 271 W. Put- All Equity Partners L.L.C., 3 nam Ave., Cos Cob. Amount: Fraser Lane, Westport 06880, c/o Dominion Capital L.L.C. Filed $700,000. Filed Sept. 20. Sept. 26.
A-1 L.L.C., Greenwich, by Averardo P. Pascarella. Lender: CusKagan, Gerald M., et al., West- Nizolek, Robert, et al., Sher- tomers Bank, Port Chester, N.Y. port. Filed by Mario Arena, man. Filed by Loren M. Bisberg, Property: 559 Steamboat Road, Hartford for The Bank of New Farmington, for HSBC Bank Unit A-1, Greenwich. Amount: York Mellon, trustee, New York USA N.A., Buffalo, N.Y. Prop- $2,240 million. Filed Sept. 21. City. Property: 25 Westway erty: 4 Crooked Furrows Lane, Road, Westport. Action: to fore- Sherman. Action: to foreclose a close a delinquent mortgage in delinquent mortgage in the origi- Albin Holdings L.L.C., Cos the original principal amount of nal principal amount of $853,000 Cob, by Fred W. A. Peters. Lender: Patriot National Bank, Stam$250,000 dated April 2007. Filed dated June 2007. Filed Oct. 2. ford. Property: 272 Post Road Sept. 27. East, Westport. Amount: $1 milPecquex, Daniel, et al., Wilton. lion. Filed Sept. 28. Kenney, Larry L., et al., New Filed by Mario Arena, Hartford Canaan. Filed by Erika L. Masca- for Deutsche Bank National ro, Farmington, for The Bank of Trust, trustee, Los Angeles, Ca- Capparelle Development ComNew York Mellon, trustee, New lif. Property: 259 New Canaan pany L.L.C., Cos Cob, by James York City. Property: 219 Middle Road, Wilton. Action: to fore- J. Capparelle. Lender: The First Ridge Road, New Canaan. Ac- close a strict foreclosure on judg- Bank of Greenwich, Cos Cob. Property: 51 E. Putnam Ave. and tion: to foreclose a delinquent ment. Filed Oct. 5. 551 E. Putnam Ave., Cos Cob. mortgage in the original prinAmount: $1,160 million. Filed cipal amount of $933,750 dated Schreff, David, et al., Green- Sept. 21. March 2003. Filed Oct. 5. wich. Filed by Loren M. Bisberg, Farmington, for CitiMortgage Development Inc., O’Fallon, Mo. Property: 42 Capparelle Stonebrook Lane, Cos Cob. Ac- Company L.L.C., Cos Cob, by tion: to foreclose a delinquent James J. Capparelle. Lender: The mortgage in the original prin- First Bank of Greenwich, Cos cipal amount of $1.32 million Cob. Property: 531 E. Putnam dated January 2007. Filed Oct. 2. Ave. and 375 E. Putnam Ave., Cos Cob. Amount: $1,160 million. Filed Sept. 21. Sclafani, Lynn M., et al., Westport. Filed by, Adrienne Roach, Mortgages Hartford, for PNC Bank N.A., Pittsburgh, Pa. Property: 53 W. This week’s electronic Parish Road, Westport. Action: Records Section contains nine to foreclose a delinquent mortmore mortgages on westgage in the original principal faironline.com. Subscribe to amount of $322,700 dated Auour membership package to gust 2003. Filed Oct. 2. access our expanded digital
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Lis Pendens This week’s electronic Records Section contains 52 more lis pendens on westfaironline.com. Subscribe to our membership package to access our expanded digital Records Section.
Mortgages
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New Business Names - Filed Greenwich Oaks L.L.C., changed its name to Greenwich Oaks L/CAL L.L.C., c/o LAMCO L.L.C., 1271 Avenue of Americas, New York City. Filed Sept. 20.
Carolyn Landgrebe Massage Therapist, 21 Settlers Lane, Sandy Hook, c/o Carolyn Landgrebe. Filed Sept. 28. Cell-Nique Corp. d.b.a. Tempt T Living Harvest, 12 Old Stage Coach Road, Weston 06883, c/o Temp T. Living Harvest. Filed Sept. 25. Choice Pet Supply, 374 Post Road East, Westport 06880, c/o Westport Pet Supply Inc. Filed Sept. 25.
New Businesses This week’s electronic Records Section contains 16 more new businesses on westfaironline.com. Subscribe to our membership package to access our expanded digital Records Section.
Patents Gas storage and dispensing system with monolithic carbon adsorbent. Patent no. 8,282,714 issued to J. Donald Carruthers, Fairfield. Assigned to Advanced Technology Materials Inc., Danbury. Simplifying the deployment and serviceability of commercial software environments. Patent no. 8,286,147 issued to Bowen L. Alpern, Peekskill, N.Y.; Joshua S. Auerbach, Ridgefield; Vasanth Bala, Rye, N.Y.; Thomas V. Frauenhofer, Stony Point, N.Y.; Jobi George, Somers, N.Y.; Todd W. Mummert, Danbury; and Michael A. Pigott, Coram, N.Y. Assigned to International Business Machines Corp., Armonk.
Greenwich Place, changed its name to Greenwich Place L/CAL L.L.C., c/o LAMCO L.L.C., 1271 System and method for solu12 Livingston Place L.L.C., Avenue of Americas, New York tion ordering by federation of Greenwich, by Richard F. Kris- City. Filed Sept. 20. order management systems key Sr. Lender: The First Bank of and use of solution records. Greenwich, Cos Cob. Property: Patent no. 8,285,572 issued 12 Livingston Place, Greenwich. GPL GL L.L.C., changed its to David W. Brown, Raleigh, Amount: $500,000. Filed Oct. 1. name to Putnam Green L/CAL N.C.; Denise E. Frey, Rochester, L.L.C., c/o LAMCO L.L.C., 1271 Minn.; and Elizabeth S. Murphy, Avenue of Americas, New York New Fairfield. Assigned to InCity. Filed Sept. 20. ternational Business Machines Corp., Armonk.
Business ConneCtions EvEnts
EvEnts
Shaping Connecticut’s Future:
CBIA’s Annual Supervisors Conference
2012 Manufacturing Policy Forum
A
s a supervisor, it’s your job to keep your employees happy, productive, and motivated; retain your top talent; and keep your company or department running smoothly. But sometimes that job may seem impossible.
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ear about major policy and implementation opportunities in Connecticut, current challenges, and the state’s strategic plan for linking advanced manufacturing to other state goals—job creation, diversifying energy resources, supporting emerging technologies and industries, aligning education and workforce development with the needs of business, and promoting the state’s core industries. Featured speakers: f Governor Dannel P. Malloy f Dan Esty, Commissioner, Department of Energy and Environmental Protection
Take positive steps toward achieving your management goals. You’ll learn practical skills to help you become a more effective manager and get the most out of your employees.
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f Catherine Smith, Commissioner, Department of Economic and Community Development f Sen. Gary LeBeau (D), Deputy President Pro Tempore; Leader, Manufacturing Caucus f Rep. Selim Noujaim (R), House Republican Whip; Co-Chair, Manufacturing Caucus
Date Tuesday, Oct. 30, 2012 Time 8:30–11:30 am Place Legislative Office Building (LOB), Rooms 2C & 2D 300 Capitol Ave., Hartford
Call 860.244.1977 or register at cbia.com.
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IssuEs & PolIcIEs
Additional Sessions:
State’s Business Tax Climate: 40th and Holding
C
onnecticut’s ranking among all state business tax climates remained unchanged in the Tax Foundation’s latest report. We’re 40th, a position the state has held for the past three years. The non-profit foundation released its 2013 State Business Tax Climate Index last week. There was little change among the top 10 states, with most of the movement at the bottom end of the index. New York fell a spot to last place, continuing a threeyear decline. The state’s moderate corporate taxes were offset by having the worst individual income tax, the sixth-worst unemployment insurance taxes, and the sixth-worst property taxes.
Carmen Brickner has been leading teams and coaching leaders of organizations for 40 years. She founded CLEARbrick, Inc., to bring solutions to small and midsize organizations that are motivated to develop new skills and sustain improvements.
Jersey replaced New York at 49. Vermont repeated at 47th, as Rhode Island did at 46. New Hampshire was again the best of the New England states, repeating at number seven. Massachusetts rose from 23rd to 22nd, while Maine jumped seven spots to 30th. Maine’s most improved ranking was based on a repeal of the alternative minimum tax and a change in the treatment of net operating losses. There was no change among the top 10: Wyoming, South Dakota, Nevada, Alaska, Florida, Washington, New Hampshire, Montana, Texas, and Utah.
“The states in the bottom 10 suffer from the same afflictions,” says the foundation’s report. “Complex, non-neutral taxes with comparatively high rates.”
Why is Connecticut ranked 40th? Look at these major taxes: the state ranks 50th in property tax, 35th in corporate income tax again, 31st in both the individual income tax and the unemployment insurance tax, and 30th in sales tax.
After two years at the bottom of the index, New
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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of October 22, 2012 35
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PANELISTS
Presented by The Business Journals and WAG October 25 at 11:30 a.m. Morton’s The Steakhouse 9 Maple Avenue White Plains, NY
DENISE DUCA, senior vice president, human resources, Acorda Therapeutics Inc. ANDI GRAY, president, Strategy Leaders Inc. KEVIN MCCARTHY, senior associate, CBRE Inc. BRENDAN G. MEYER, Chair of the of the Westchester County Association’s Young Professional Initiative ARTHUR PAKOS, vice president, Strategic Technology and Innovation Center, Pitney Bowes Inc.
MODERATOR
(There will be a minimal parking fee)
CHRIS DESSI, CEO, Silverback Social.
Register now. Space is limited. Email Alissa Frey afrey@westfairinc.com or go to westfaironline.com/stop-the-flight/
NEXT PROGRAM NOV. 29 DOES YOUR ‘MARKETING SUCK?’
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