The Business Journals - Week of August 30

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AWARD WINNING EDITORIAL

I N CLU DI N G TH E H U DSO N VALLE Y WE E K LY S EC TIO N

S O S C A I A E T S O N A ROL

pkatz@westfairinc.com

R Rose Associates, the New York City-based developer that is active in Westchester with two projects having broken ground and a third getting close to moving off the drawing boards, is examining how Covid has affected tenants’ needs for amenities, apartment layouts and use of common areas. “Where previously you saw movie rooms, screen-

ing rooms, I see less of that and more coworking space. It could be pods where you can have privacy if you need to have a phone call,” Marc Ehrlich, Rose’s chief investment officer, told the Business Journal. “We’re definitely focused on outdoor space and making sure in our new developments that the outdoor space is not relegated to just seasonal. We’re looking at putting in heaters, space heaters and making it more comfortable so it can be used more yearround.” Ehrlich said that people now want a better lifework balance at home and Rose has factored that into its offerings. They’re also looking at technology needs

Marc Ehrlich

A rendering of the 440 Hamilton Ave. building.

With two projects under construction, developer is ready for third BY PETER KATZ

westfaironline.com

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AUGUST 30, 2021 VOL. 57, No. 35

in buildings, such as use of energy-efficient equipment and materials and, especially, bandwidth for internet. “It’s also making sure you have the continuity of the bandwidth so if you’re on the phone and you’re leaving your apartment you don’t lose Wi-Fi when you’re continuing to » ROSE ASSOCIATES

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All bets are on for Sportech …

but don’t expect NFL wagering before season starts BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com

The big question is always, ‘When?’” So said Ted Taylor, president of Sportech Venues, about the details of his firm’s arrangement with the Connecticut Lottery Corp. to be a part of the state’s sports betting

future. Announced Aug. 13, the agreement with the CLC allows Sportech to offer sports betting at its 10 OTB locations, including Bobby V’s in Stamford and Winners in Norwalk. The “when” revolves around the NFL, by far the preferred pastime for the sports bettor. According to the American Gaming

Frank J. Gaudio

» SPORTECH

Evan R. Corsello

President & CEO

203.302.4375

Association, some $100 billion is wagered at licensed sportsbooks during the NFL season. Handicapping site BetFirm estimates that $4.5 billion was bet on the last Super Bowl — 97% of them done “in a technically illegal fashion.” The NFL has been top of mind since this past

Chief Lending Officer

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