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MARCH 11, 2019 VOL. 55, No. 10
Rendering of David Mann’s Westport project.
INSIDE
Small projects, big results WESTPORT PROJECT EXPECTED TO BE COMPLETED THIS SUMMER BY DEVELOPER MANN
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STAMFORD ON ITS OWN
BY PETER KATZ pkatz@westfairinc.com
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or White Plainsbased developer David Mann, comparatively small apartment projects have been the focus since he got into real estate a decade ago. His projects are in sharp contrast to things like Toll Brothers’ 421-unit rental complex under construction off Westchester Avenue in Harrison, the 303
apartments Robert Weisz’s RPW Group and the NRP Group want to build at 1133 Westchester Ave., in White Plains or the plan for Marcus Partners and Trammell Crow to build 450 apartments at 3 Westchester Park Drive in Harrison. Mann sees his current success reflected in both the March 5 grand opening of his 76 rental apartments at 1 DeKalb Ave. in White Plains and the steady progress he’s been making to
advance a mixed-use project in Westport, Connecticut, containing 28 residential units. The Westport project is expected to be completed this summer. After graduating from the University of Wisconsin in 1999, Mann started working in his family’s business in New York’s garment center, but eventually realized he wasn’t cut out for it. He enrolled in New York University’s Schack Institute of Real Estate. He received a master’s degree in real estate development and founded Lighthouse Living. Growing up, he had lived on Lighthouse Road in Great Neck. “There’s just a big » WESTPORT
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Blake Leonard, Stew Leonard Jr. and Britt Tavello Melitsanopoulos. Photo by Sebastián Flores.
PLENTY OF EMOTION EXPRESSED AT FAMILY-OWNED BUSINESS AWARDS BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com TALES BOTH HUMOROUS AND POIGNANT WERE HEARD at the annual Westfair Communications FamilyOwned Business Awards on March 5, honoring more than 20 businesses from Westchester and Fairfield counties.
Some of the humor was reliably supplied by honoree Stew Leonard Jr., who took over as president and CEO of the Norwalk-based company his father founded in 1991. Recalling an instance when his brother had to be disciplined by Stew Leonard Sr., he said that his father told him that he wore two » FOB
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Westport—
pent-up demand for rentals, and certainly in Westport. It’s like the best town on the Gold Coast, the south Gold Coast of Connecticut, they say. You’ve got a terrific beach, a private golf course just for the residents, terrific school system,” Mann told the Business Journal. While Lighthouse Living is located on Waller Avenue in White Plains, the application to build at 793 Post Road East in Westport was filed by DMC Westport LLC. In May 2017, Westport’s Planning and Zoning Commission approved a rezoning of the property. In March 2018, it gave site plan approval and issued the special permit needed to proceed. The project includes two buildings facing Post Road East, which would be mixed use with a total of 16 apartments and 4,600 square feet of ground-level retail. Four buildings with 12 townhouses would be situated behind, for a total of 28 rental apartments, with six of them priced in the affordable category. “I don’t have anything else in Connecticut other than the development that I have in Westport right now. And I would do other deals or projects in Connecticut. I just haven’t really found any yet. I have another one in Hackensack, New Jersey, which has a lot of similarities to White Plains, where it’s a very short commute to New York City,” Mann said. “If you build a 50or 75-unit building in a 10,000 resident location, it’s probably going to take a long time to rent up. So, you need the density of the population and high-enough rents.” The project at 1 DeKalb Ave., named One DeKalb, was approved by the White Plains Common Council at its Feb. 6, 2017, meeting. The entity which made the application is One DeKalb LLC. The approval documents contained more than two dozen conditions the developer would have to meet. Included was a special permit for additional height, with the building measuring 69 feet tall. Sixteen of the units are in the affordable category and the developer is required to keep a portion of the site publicly accessible and landscaped as open space. The city sold the developer a 4,532-square-foot parcel of land, which it had in reserve for the possible widening of Maple Avenue but decided it was surplus. The city had acquired the parcel in 1952 at a cost of $27,500 and sold it to One DeKalb LLC for $250,000. The building’s lobby entrance fronts on Maple. One DeKalb is Mann’s fifth project in White Plains. His others were The Apuovia at 68 Lake St., La Gianna at 10 DeKalb Ave.,
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1 DeKalb Ave. in White Plains. Inset: David Mann. Photos by Peter Katz.
The Dylan at 42 Waller Ave. and The Reed at 115 N. Broadway. In addition, Mann built Wood Works, a 36-unit rental building at 550 Halstead Ave. in Harrison and The Light House at 120 North Pearl St. in Port Chester which has 50 units. Mann’s organization still owns Wood Works and The Light House in addition to One DeKalb. A group of three buildings, The Dylan, The Reed and the 56-unit La Gianna, which Lighthouse Enterprises built with partner The Daten Group, were sold in 2018 for $45 million. The 30-unit Apuovia had been built on the site once occupied by Mazur Brothers Furniture, which was forced to close because of a New York state construction project on I-287. The Apuovia was sold for $11.5 million. While Mann’s buildings may be comparatively small in terms of the number of units, he believes size matters when it comes to what’s inside. “We pride ourselves on providing nicer finishes and bigger actual apartments. A lot of these developments that are 300 units,
they’ll have one bedrooms that are like 600 square feet and two bedrooms that are like 792 square feet. Our one bedrooms pretty much average 800 square feet and our two bedrooms average about 1,170 square feet. Studios are always over 600 square feet,” he said. Against his background of success with comparatively small buildings, Mann is focused on the future. “We’ve been hiring more people and we have another development in Greenville, South Carolina, which is going to be our biggest. That’s 244 units. Then, I have another one coming in Pleasantville in Westchester and another one in Port Chester.” Mann expresses a preference for modular construction because the factory-built sections help ensure uniform quality throughout a project while helping to control costs and maintain schedules. Mann lives in a 6,600-square-foot modular-built home in Westchester. Mann said One DeKalb is well-positioned to attract not only
millennials, but downsizing seniors as well. Regular shuttle service will be offered to the Metro-North train station. Among the building’s features are a 1,000-square-foot gym, rooftop recreation and barbecue facilities, indoor parking, stainless steel appliances, washers and dryers in every apartment and options such as wireless control of lighting and air conditioning. One DeKalb is across Maple Avenue from the site where the Pavilion Mall and, before it, Alexander’s once stood. Lennar Multifamily Communities plans a $275 million mixed-use project there. Mann said that he wasn’t sure if “...it’s going to get started anytime soon, (but) if it does get started it can only be good because it would enhance the community.” He said people who will opt for One DeKalb “...are already willing to walk to The Westchester mall as well as Mamaroneck Avenue, so walking across the street will probably be much more convenient, so I welcome it. I’m a developer. I hope that everybody develops.”
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CONTRIBUTING WRITER | By Jim Zygmont
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Banks, small businesses need more than a handshake
no when the smaller regional bank said yes. elationships that are formed by smaller banks have the ability to factor in “Banks should look beyond just the bank small-business owners are integral relationships with customers when deciding account and consider the history and relato their success and longevity. Their on lending or issuing credit lines. He indicated We didn’t have the time to tionships with the small-business owner,” he interactions with vendors, employees, subthat larger banks have automated the process go through the application said. “That is lacking in our modern business contractors and customers all play a part in of lending. If elements on the application don’t process and jump through world. But today you’re either a large business a business’ growth. Perhaps the most importfall within the range of the computer processor you’re not.” ant interactions are with banks and lending ing the request it can be denied without even hoops just to get a line of Having this type of a relationship with institutions. meeting the person. credit that the larger banks small-business customers assists when making Mike Hilleary, co-principal of VisionMix, “We aren’t in the business of just giving make you do. We were new lending decisions, said Stephen Tedesco, vice a digital communications firm in Monroe, out loans and credit lines without doing our and didn’t have the standard president of commercial lending and business Connecticut, has been in business for almost due diligence with credit scores and income development for the Stamford Credit Union. 20 years. When he started, the first thing for verification,” Tedesco said. “However, we have three years of tax returns just “When you know who you are working him to do was open a business account with the ability to underwrite these applications to get a line (of credit). with it makes it easier to assist our member a large national bank that he had been using by having our people provide input based on Cash Management Services small-business owners,” TedescoAd said. “More for his personal banking. their relationship with the customer.” — Scott Jacob and more of our customers have expressed “It seemed like a natural thing to do,” he Jim Zygmont is the principal of ZYG interest in lines of credit.” said. “Then the business started to grow. I Computer Consulting LLC in Trumbull. He Tedesco said the credit union as well as had to hire more people and manage more can be reached at info@zygonline.com. expenses so cash flow was key. To bridge the gap between aging receivables and making payroll, among other expenses, I needed a line of credit.” However, according to Hilleary, the bank denied his request due to an insufficient credit history. Even though he had an established history of doing business with the bank and a consistent flow of deposits, he was forced to find another bank. His choice was a large regional bank. “They were more approachable and were able to provide us with the financial tools, like a credit line, that we needed,” he said. Sara Tucker, First County Bank’s executive vice president of lending and director of business banking, said it’s important to know the people at your bank. “Having a relationship with the people in your branch who know you can help when you need someone to champion your cause,” Tucker said. “This doesn’t mean that we can make every single loan. There are still credit considerations to make.” Tucker also said a track record with the bank helps when making considerations regarding credit risks. “It’s more likely that we will lend to a business with a history versus a startup entity.” When Scott Jacob partnered with Brian Bach to form Milford Financial, he said it was At First County Bank, we help you reach your business goals through a selection of important to talk to someone at his bank about how to manage financial gaps by utilizing a services including Remote Deposit, Merchant Services, Positive Pay and more. credit line. He said a relationship is important For Cash Management tools that allow you to focus on business, and that happens more often with smaller, local banks. you belong at First County Bank. “We didn’t have the time to go through the application process and jump through hoops Stop by any of our convenient just to get a line of credit that the larger banks locations or call Cash Management make you do. We were new and didn’t have the Services at 203.462.4379 standard three years of tax returns just to get a line (of credit),” Jacob said. “We wanted the ability to talk to our bank and a smaller, local bank is willing to take that risk.” *Additional terms, conditions and fees apply. Visit FirstCountyBank.com for details. Hilleary said he thought he had the ability to talk to his bank based on what he considered a great relationship with his bank, until he Equal Housing Lender Member FDIC NMLS# 411487 asked for a credit line. The larger bank had said
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MARCH 11, 2019
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SUITE TALK
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Charlie Shipman of Blue Keel Financial Planning says clients are not optimistic about the economy
harlie Shipman decided to leave his job at Merrill Lynch Wealth Management in lower Manhattan and create Blue Keel Financial Planning in 2014 from his Weston home when he realized that he was spending more time during the weekdays with the Metro-North conductors than with his family. “The commute was killing me,” he recalled. “It was two hours and 20 minutes, door to desk, each way. And I had to be on the 5:59 a.m. train to get to work.” In this edition of Suite Talk, Business Journal reporter Phil Hall speaks with Shipman about his company and the concerns that his clients are expressing about the state of the economy. Who are your clients and what are your services? “I target small-business owners. I have clients in Connecticut, as well as in Georgia, California, North Carolina, Florida and New Jersey. “I offer three different services: comprehensive and holistic financial planning; portfolio management; and college planning and funding. The college focus has become a bigger thing recently, and it is a little different than what most advisers do. Instead of just setting up a 529 savings account for a child or children and figuring out how much you can save on a monthly or annual basis, what I offer is sitting down with a list of schools and studying the personal data about the client. From there, I can tell them what it is going to cost to send their kids to school for four years, down to the penny. That factors in the probable or likely aid they will get, whether it is merit- or need-based, and the idea is to minimize the amount of student loan debt that the kids or the parents have to take on.”
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Charlie Shipman, managing partner at Blue Keel Financial Planning. Photo by Phil Hall.
Just how bad is the student debt situation? “College is ridiculously expensive now and it’s only going to get worse. The student loan debt is over a trillion dollars. There are a lot of people out there saying that is going to be the next financial crisis. Especially in Fairfield County, you have a lot of people whose kids are very bright and they want to go to top schools. And top schools aren’t cheap anymore — I don’t know if top schools were ever cheap. Even public schools out in California in the UC system, you’re looking at close to $70,000 a year.” Do you believe that today’s small-business owners are able to see the bigger picture in terms of their future �inancial needs? “As a blanket statement, no. Everyone is unique and the business owners I run
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into know a little bit and are somewhat aware. Typically, it is more about when things are not going well — that is when they’re aware of that. Most of my clients are really good at what they do, but the financial side is where they can use help and organization.” Are you hearing increased complaints from your Connecticut clients about the costs of doing business in the state? “I am not hearing anything different. Rents are high, but the typical business owner I’m working with is small enough that they are not impacted by things at more of a corporate level — they are LLCs, not C corporations, and it is the C corporations that are leaving. But for my clients, their businesses are good. Whether it is a salon owner or a counseling therapist or restaurant owner, they are
all doing well. They haven’t had any issues on that.” How do you determine what is the best investment vehicle for a business owner to consider? “It’s about sitting down and talking to them about their goals and objectives, which enables me to identify a risk profile for them and to determine what their time frame is. In terms of shortterm or midterm range, we have to do a little bit more work from where they are to where they want to be, whether it is five years from now versus 20 or 25 years from now.” Are your clients optimistic about the economy’s future? “No, they’re not. And it is a combination of things. For clients in Connecticut, there is obviously a bit of a fiscal crisis in our own state, especially with pension funding
problems at the state level. At the federal level, politics is so crazy nowadays. It’s like reality television and I don’t know why it’s become like that — and it’s not just from the executive branch, but also from Congress. And it translates over to the economic side of things. “There is such shortterm volatility. Look at the China trade deals. Things go well one day and the stock market goes up. The next day, things aren’t so great and the president tweets out something and the stock market goes down 1 percent. There is too much of that going on. “Also, the stock market doesn’t work the way it used to. Now, it’s market psychology and what the robots and the trading algorithms are going to do. It’s not flash-crash like 2008. But if General Electric goes down 1 percent, all of these trading algorithms are going to kick in and it’s going to self-correct in a very short period of time. “I try to steer my clients away from thinking about those short-term movements. It is typically a multiyear strategy that we are looking at. It’s not next week or next month, but five years down the road.”
“We are not investing in bitcoin, 3-D printing, AI and the fringe social media stuff. It is more about getting a good cross-section of all industries, all sectors and all regions and try to get some of that level growth.”
Would it be fair to say that it has also been a learning curve for you, considering how the market has changed over the past several years? “Yes, but I will say it is not to the same degree as a hedge fund manager. I’m not looking to do active-active management. It’s active-passive management, if that makes sense. A lot of the portfolios I put together are ETFs or mutual funds and it’s looking for the right allocation based on those goals, time horizon and risk profile, and try to create a diversified portfolio that can weather all of those things.
And where do you get your clients? “Referrals, either from other clients or personal connections. I do a little bit of social media marketing. I’ve spent money on SEO marketing with the website and I’ve gotten around in different networking groups. And getting out and meeting people. I spent a lot of time and money trying to do digital marketing and I found that I wasn’t seeing much turnaround there. So, I went back to old-school analog marketing — basically, getting to know people. If you get to know enough people, they will bring people your way.”
I was just going to ask about bitcoin — so, I take it that you feel cryptocurrency is just too risky? “Yes, without a doubt. The watershed moment for me was when somebody in their 80s started to ask me about investing in bitcoin. I tried to get them to explain to me, in their words, what bitcoin was and they had no idea. They just knew people were making money and experiencing a lot of growth. “The same thing happened last year with the pot stocks — suddenly, people I knew who never previously mentioned marijuana wanted to become marijuana investors. And I was like, ‘No because (a) it is extremely volatile right now and (b) it’s illegal at a federal level.’ “My clients are not going to be investing in that in any account I am managing. If they do it on their own, that’s another thing.”
isn’t a substitute for a plan. How can you ensure the people you care about will be taken care of when you move on?
As a business owner, you have a lot of people relying on you. Do you have a plan in place for when you’re ready to transition your business? Is your vision for the business clear? Will your employees, customers, and family be well cared for? Wilmington Trust has been helping business owners like you build effective transition strategies for more than a century. The earlier you begin planning, the more flexibility you’ll have—and the better protected your business will be. For a deeper understanding of business transition planning, call Jim O’Hoppe and his team at 212.415.0565. Download our research The Power of Planning at wilmingtontrust.com/businessowners.
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19585-A_ Hard Work | Westchester Business Journal/Fairfield Business Journal | 10”h x 11.5”w FCBJ
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CONTRIBUTING WRITER | By Paul Schott
Stamford on the sidelines: Many have sued Purdue, but not its own city
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ix of the state’s 10 largest cities, and hundreds of others across the country, have sued OxyContin maker Purdue Pharma. So has Connecticut’s attorney general and more than 30 of his counterparts. The company’s hometown stands apart. While Purdue grapples with more than 1,000 lawsuits tied to allegations that it fueled the national opioid crisis through deceptive marketing of its pain drugs, Stamford Mayor David Martin has so far kept his city on the legal sidelines. He said the strategy neither reflects an indifference to the accusations nor a fear of standing up to the firm. But the lack of action has fomented suspicions that his administration is unable or unwilling to take a leading role in tackling what is a devastating public health crisis “There are numerous lawsuits that will ensure the public-policy issues are addressed,” Martin said in an interview with Hearst Connecticut Media. “I don’t think us joining any of those lawsuits now is going to change the outcome. I want to make a difference — not just put our name on a lawsuit.” Purdue declined to comment on the city’s legal position. It has denied the lawsuits’ allegations.
WATCHING, BUT NOT LITIGATING Democrat Martin was elected to his first term in November 2013. Compared with today, few states and cities had active lawsuits against Purdue. The number of complaints would rocket in the next five years. An explosion in opioid fatalities prompted local and state governments to turn to the courts to find redress for the human and financial toll of the crisis.
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Protesters demonstrate outside the headquarters of Purdue Pharma on Aug. 31, 2018. Photo: Bob Luckey Jr. / Hearst Connecticut Media.
In 2018, 1,017 people died of drug overdoses in Connecticut, according to the state Office of the Chief Medical Examiner. About 75 percent of those deaths involved the synthetic opioid fentanyl, while heroin contributed to about 40 percent of the fatalities. Users of heroin and illicit types of fentanyl often first become addicted to prescribed pain drugs before moving on to street alternatives. Statistics on the OCME’s website do not show which, if any, prescription-opioid brands, such as OxyContin, that are involved in fatal overdoses. Waterbury led the Connecticut-based legal challenges against Purdue, filing a lawsuit in August 2017. New Haven and New Britain
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followed in November 2017. In January 2018, a group of 18 towns and cities —including Bridgeport, Fairfield and Bristol — submitted a complaint. Norwalk and Danbury, joined by Ansonia and Derby, followed five months later. About three dozen cities and towns in the state have taken legal action against the company. A number of those complaints have also named as defendants other major opioid makers such as Endo, Janssen and Teva. “Opioid addiction has had a profound impact on our community in terms of medical-care costs, hospital costs and, of course, the tragedies that you see,” Danbury Mayor Mark Boughton said. “We want to be reimbursed.” Connecticut sued last December — one of the
final acts of then-Attorney General George Jepsen’s administration. The case continues under successor William Tong. Connecticut and Massachusetts comprise the first two states to not only sue Purdue as a company, but also its owners, who are members of the Sackler family. “If nobody was taking up a lawsuit against Purdue Pharma, given what has been discovered, I would take a far more aggressive approach,” Martin said. “But lots of people are taking up lawsuits. It might make a difference for us (to sue) later. But right now, I’ll rely on the attorney general of Connecticut to lead the state’s effort.” Fourteen people died from drug overdoses in
Stamford in 2018, according to the chief medical examiner. All but two of those deaths involved opioids. PUSHBACK Martin has not faced much public pushback from other local political leaders for not suing. Messages left for Democrat Matthew Quinones, deputy mayor and president of the city’s Board of Representatives (BOR); Democrat Rodney Pratt, the BOR’s majority leader; and Republican Mary Fedeli, the BOR’s minority leader, were not returned. Martin’s opponents in the 2017 municipal election, in which he won a second term, did not publicly challenge him about the lack of litigation.
Others outside local government argue that Martin is kowtowing to Purdue. The company is headquartered downtown at 201 Tresser Blvd. — its home since 2000 following a relocation from Norwalk. Purdue employs about 250 in Stamford, according to the most recent count provided by the company. It laid off several hundred last year as it disbanded its sales force. “The mayor’s position assumes that Stamford will receive compensation whether or not it sues. That is by no means certain,” said Paul Hanly, co-lead counsel for local governments that are plaintiffs in a consolidated group of about 1,500 lawsuits against Purdue and several other pharmaceutical companies in federal court in Cleveland. “It appears the mayor is trying to appease Purdue, which is not in the best interests of the Stamford residents.” Martin’s decision to not sue has angered activists such as Fernando Luis Alvarez. The Stamford art gallery owner was arrested last June for his role in a protest involving the installation of an 800-pound spoon outside Purdue’s headquarters. “How can Stamford compete for innovation, jobs, grants ... when we fail to lead in these fundamental events rooted in our city?” Alvarez asked. “What message does this send to the country? That we’re beholden to a few billionaires instead of leading the country.” The Connecticut Democrat Party recently disavowed tens of thousands of dollars in campaign contributions in recent years from Sackler family members, whose combined net worth has been estimated at $13 billion. No Sacklers gave to Martin’s 2017 re-election campaign, according
Stamford Mayor David Martin. Photo: Michael Cummo/Hearst Connecticut Media.
to records on file in the Stamford city and town clerk’s office. “I can understand how people would speculate that we’re not taking action because Purdue Pharma is located in our city,” Martin said. “I’m mindful they’re here, and it makes me more deliberate about our decisions. But they’re not going to get a free pass because they’re headquartered here.”
201 Tresser Blvd. in downtown Stamford.
If nobody was taking up a lawsuit against Purdue Pharma, given what has been discovered, I would take a far more aggressive approach. But lots of people are taking up lawsuits.
Protesters placed a giant steel spoon meant to symbolize burnt heroin in front of the Stamford headquarters of Purdue Pharma. Photo: Barry Lytton / Hearst Connecticut Media.
TIME TO RECONSIDER? The clock has not run out on a potential Stamford lawsuit. Pending litigation against Purdue could drag on for many more months, even years — before a major settlement is hammered out, if such an agreement is ever reached. In January, a state Superior Court judge dismissed a group of lawsuits that included Bridgeport, New Britain, New Haven and Waterbury. The plaintiffs had not shown the defendants’ culpability, said Judge Thomas Moukawsher. “A credible suggestion on measuring causation might have given this court some pause,” Moukawsher wrote in his decision. “But during the long hours, spread over two days spaced amply apart, during which this motion was argued in court, it became apparent that the plaintiffs filed these lawsuits without first thinking of a way to sort out the causation conundrum.”
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Bridgeport, New Haven and Waterbury subsequently filed challenges to Moukawsher’s decision in the state’s Appellate Court. His ruling did not cover the Danbury-Norwalk complaint, which is also on his docket. “The Stamford mayor is undoubtedly aware that these lawsuits were dismissed and are now being appealed,” said Robert Bird, a professor of business law at the University of Connecticut. “Even with the appeals, the dismissal places those lawsuits in question because at least one judge thinks they’re not meritorious.” Martin cited the dismissal as an example of the challenges that could await a Stamford lawsuit. But he has not ruled out filing a complaint. “Absolutely, we are reserving that right for the future,” Martin said. “But we would want to make certain that we were going to pursue a legal strategy that would give us the maximum benefit for the least cost.” That explanation does not sit well with Alvarez. He is leading a “Spoon Movement” to raise awareness about the opioid crisis. “People’s lives are at stake,” Alvarez said. Paul Schott is a staff reporter with Hearst Connecticut Media. He can be reached at pschott@scni. com or 203-964-2236.
MARCH 11, 2019
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THE LIST: PRIVATE COUNTRY CLUBS
FAIRFIELD COUNTY
ASPETUCK VALLEY COUNTRY CLUB
COUNTRY CLUB OF FAIRFIELD
INNIS ARDEN GOLF CLUB
67 Old Redding Road, Weston 06683 226-4701 • aspetuckvalley.com Year founded: 1967 Manager: Renaud Ammon Amenities: Golf, swimming, tennis, paddle tennis, restaurant
936 Sasco Hill Road, Fairfield 06824 259-1601 • ccfairfield.com Year founded: 1914 Manager: Steve Klemenz Amenities: Golf, swimming (pool and beach), tennis
120 Tomac Ave., Old Greenwich 06870 637-6900 • innisardengolfclub.com Year founded: 1899 Manager: Bonnie Bocchino Amenities: Golf, swimming, tennis, paddle tennis, bar/restaurant, bowling, fitness center
BIRCHWOOD COUNTRY CLUB
COUNTRY CLUB OF NEW CANAAN
THE PATTERSON CLUB
25 Kings Highway South, Westport 06880 221-3280 • birchwoodcc.org Year founded: 1945 Manager: Curtis Angell Amenities: Golf, swimming, tennis, paddle tennis, restaurant
95 Country Club Road, New Canaan 06840 966-3513 • ccofnewcanaan.org Year founded: 1893 Manager: James Connely Amenities: Golf, swimming, tennis, paddle tennis, squash, restaurant
1118 Cross Highway, Fairfield 06430 259-5244 • thepattersonclub.com Year founded: 1929 Manager: Matt Dossey Amenities: Golf, swimming, tennis, paddle tennis, bar/restaurant
COUNTRY CLUB OF DARIEN
GREENWICH COUNTRY CLUB
ROCKRIMMON COUNTRY CLUB
300 Mansfield Ave., Darien 06820 655-9726 • ccdarien.org Year founded: 1957 Manager: Mark Possidento Amenities: Golf, swimming, tennis, paddle tennis, bar/restaurant, fitness center
19 Doubling Road, Greenwich 06830 869-1000 • greenwichcountryclub.org Year founded: 1892 Manager: Hagen Freihoff Amenities: Golf, swimming, tennis, paddle tennis, bar/restaurant, bowling, fitness center
2949 Long Ridge Road, Stamford 06903 322-3408 • rockrimmoncc.org Year founded: 1947 Manager: Ara Daglian Amenities: Golf, swimming, tennis, bar/restaurant
This is a sampling from our list of country clubs located in the region. To view and download the complete list, please visit westfaironline.com
BEWARE Outside companies are soliciting BUSINESS JOURNAL readers for plaques and other reproductions of newspaper content without our consent. If you or your firm is interested in framing an article or award from our newspaper or obtaining a reprint of a particular story Please contact
Marcia Rudy of Westfair Communications directly at (914) 694-3600 x3021.
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Open banking concept attractive to area banks, but wait for regulations continues BY KEVIN ZIMMERMAN kzimmerman@westfairinc.com
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pen banking may be all the rage overseas, but in the U.S. it’s not quite ready for prime time. “It’s a hot topic for all banks right now,” affirmed Richard Muskus Jr., president of Stamford’s Patriot Bank. “It’s all about how we can better compete with larger, more sophisticated tech platforms, the fintechs, that are constantly evolving what they can do.” Open banking allows financial institutions to securely provide other financial institutions and third-party providers with seamless access to, and communication with, customer data through a standards-based technology called open Application Programming Interfaces (APIs). Using opensource technology and APIs, those third parties can build new financial tools leveraging private customer data that was previously inaccessible. The ultimate aim, broadly speaking, is to provide banking customers with more options and greater convenience by making it easier to transfer funds and compare product offerings between institutions. The concept essentially originated in October 2015, when the European Parliament adopted a new Payment Services Directive (PSD2), which sought to increase pan-European competition in the financial sector by non-banks, and to require European banks, with the customer’s consent, to share those customers’ transaction data with third parties upon their request. In August 2016 the U.K.’s Kingdom Competition and Markets Authority (CMA) issued a ruling requiring the nation’s nine largest banks to allow licensed startups direct access to their data, including account transactions. That regulation went into effect on Jan. 31, 2018. As noted by an April 2018 PwC report, U.K./Europe and to a lesser degree Asia have
From top left: John Tolomer, Nitin Mhatre, Rick Reustle and Frank Sorrentino III.
been leading the open banking movement. The Australian government has established a number of recommendations on the implementation of open banking, including a regulatory framework, the type of banking data affected and sufficient protection and security for customers. The government plans to phase in open banking, with all major banks making data available on credit and debit card, deposit and transaction accounts by July 1, and mortgages by Feb. 1, 2020. Other nations in various stages of open banking implementation include Japan, Israel, New Zealand and Nigeria. The Canadian Banking Association is cautiously exploring the issue. On July 31, 2018, the U.S. Treasury Department published “A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech and Innovation,” which outlined much of what is happening around the world, though it noted: “There are significant differences between the United States and the United Kingdom with respect to the size, nature and diversity of the financial services sector and regulatory mandates. Given those differences, an equivalent Open Banking regime for the U.S. market is not readily applicable. Nonetheless, as Open Banking matures
in the United Kingdom, U.S. financial regulators should observe developments and learn from the British experience.” Although U.S. financial institutions are not required to share their customer and transaction data with third-party providers, some banks are moving forward with open banking-style initiatives. In 2017, Wells Fargo and JPMorgan Chase each announced a partnership with Intuit, allowing the latter’s applications like QuickBooks and TurboTax to share financial data with the banks upon receipt of customer consent. Wells Fargo has also made APIbased data exchange agreements with Finicity and Xero. Last October, Spanish bank BBVA launched Open Platform, the first BaaS (Banking as a Service) platform in this country. Open Platform is designed to provide third parties with access to BBVA’s banking services, provided they have met certain security and compliance requirements. As for when the nation at large might clamber aboard the open banking train, Nitin Mhatre, executive vice president, head of community banking at Webster Bank, said, “There isn’t a clear line of sight for how this will translate into the U.S. regulatory landscape yet. “There is a sense of excitement for me and my
counterparts at the other institutions,” Mhatre said. “What happened in the U.K. and the EU was a little different — they did what they did in part so that smaller banks could compete better in terms of market share and customer acquisition. In the U.S. the focus is more on fostering innovation and developing common standards.” Open banking will eventually become a regular presence here “in some shape or form,” Mhatre predicted. “It’s complicated — what standards do you follow? If the regulations are too restrictive, that would of course be limiting. I think (the U.S. government) will take a ‘wait and watch’ position, and then try to take the best parts of what (Europe) is doing and devise a system from that.” When Ernst & Young produced its first global EY FinTech Adoption Index in 2015, one in seven “digitally active” consumers were fintech users. By 2017 that margin had risen to one in three. And a 2017 survey by the American Bankers Association found that 40 percent of Americans manage their bank accounts online more frequently than any other method, with 26 percent using their mobile devices most frequently to conduct their banking business, versus 18 percent who preferred to do so at their bank’s branch. “Younger customers especially, as they start to make money, start a family, buy a home, are starting to understand the importance of their banking relationship,” Muskus said. “And they want it to go well beyond reading a bank statement.” Muskus said while banks were doing nothing with customer data when he entered the industry 25 years ago, data mining “is an extremely useful and needed tool in competing today.” Patriot regularly works with third-party vendors in that and other areas, he said. Mhatre said Webster Bank is building modules with a host of APIs. He said that where a Webster loan application in the past could
take more than 60 days to be approved, today it can be done within 24 hours. Westchester Bank President and CEO John Tolomer said it “remains to be seen” how open banking will evolve here. “Technology is moving very swiftly now and that includes with alternative delivery methods,” he said. “The larger companies are able to invest in those processes, which I think will then ultimately spread to the rest of the industry.” M&T Bank is also focusing on technology while keeping an eye out for open banking developments. “Digital services are changing the way many consumers conduct all of their business, including banking,” remarked Metro Region Retail Banking Manager Rick Reustle. “We have a large customer base and each customer has a different comfort level with digital banking services, so we have trained digital ambassadors working in our branches with the specific role of helping customers learn how to use these new technologies.” Last year M&T partnered with Zelle, a digital payments network that allows customers to electronically transfer money from their bank account to another registered user’s account using a mobile device or participating bank. At the beginning of this year M&T launched “MyWay Banking,” a checkless checking account that can’t be overdrawn. Gordon Baird, the founder of private investment, consulting and technology company G.A. Baird & Co. in Stamford, is moving ahead with his plans to create a digitally focused bank, Nexos National, sometime this year. As he told the Business Journal last year, Baird is drawing on several open banking principles to establish a technologically nimble institution. The advantages of a bank whose technological prowess will outstrip its older brethren’s, he said, “are obvious — it increases efficiency and convenience, lowers costs and will include all the modern safety and security
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that people expect.” Frank Sorrentino III, chairman and CEO of ConnectOne Bank — the New Jersey bank whose $76.3 million acquisition of Greater Hudson Bank last year led to its opening branches in Tarrytown and White Plains — said that, while customers are definitely looking for a more streamlined experience, that may not always be in their best interests. “When you think of a bank, going back to the founding of the country, you think of a place of strength, the strongbox, the vault, which is even true today,” he said. “A number of these nonbank financial companies probably don’t have some of the security safeguards that most banks have.” Sorrentino said he was “fascinated” by how easily some consumers will give up their banking information online in their quest for convenience and speed. “Fraud is very rampant,” he said, adding that where once robbers would usually storm a bank in person, “now they do it from their living rooms.” Nevertheless, he continued, the trend toward choosing technology — whether with the bank itself or through a third party in an open banking scenario — will only continue to pick up momentum. “We have to deliver services at the lowest cost possible,” Sorrentino said, “and people today want 24/7 access.” While ConnectOne is in discussions with various third-party vendors, he added, “It comes down to how much security we’re willing to give up, and how much risk the client is willing to take.” Sorrentino also wondered what will happen in terms of taking responsibility should open banking become the norm. “Everyone assumes that when pretty much anything goes wrong, the bank is somehow liable for it,” he said. But if information is being shared with third parties whose security is insufficient, he continued, “How do you go about holding the right party responsible?”
MARCH 11, 2019
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RECOGNIZING COMPASSIONATE CARE
Celebrating extraordinary health care providers who go above and beyond, providing top-quality care and service to patients in the Fairfield County. AWARD CATEGORIES: All In The Family • No Land Too Far • Cutting Edge • Caring For All •
Female Trailblazer • Promise For The Future • Lifetime Achievement • Urgent Care Center •
Team • Support Staff • Power Couple •
NOMINATE: westfaironline.com/events DEADLINE: April 3 For information, contact: Tracey Vitale at tvitale@westfairinc.com. For sponsorships, contact: Marcia Pflug at mpflug@wfpromote.com or 203-733-4545.
PRESENTED BY:
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BRONZE SPONSOR:
ASK ANDI Time management Our top designer has no time management at all. His boss isn’t on site all the time to manage him. It might help if the guy managing the back could also manage our designer, but I don’t think that’s realistic because they don’t really cross paths all day. If no one is on him to �ind out where he is, he’ll just work on something all day — need to keep him working on the right things at the right level. What should we do? THOUGHTS OF THE DAY: Set a method for estimating the amount of time allowed for design on each project. Recognize that sometimes creative activities can take longer than expected and when they do, have a plan to break through the stickiness. Take a look at tools that can help. Demand that the salespeople establish parameters for each project they’re
handing over to your designer. Give the salespeople a form to fill out and turn in on each project. Include on that form one or more questions about how much did they budget for creative expenses and what does that represent in terms of hours to be spent on creative activities. Start each day with the designer, mapping out what projects are waiting to be
worked on and how much time is allowed for each. Have the designer keep notes on where he is versus that plan, and ask him to send a text or email at midday reporting on progress. Hold a weekly meeting to review the overall flow of work. Keep a calendar with notations for big projects that might come in so everyone can see where a jam up in workload might happen. Realistically assess the amount of work your designer has on his plate. Only book 60 percent of his time, allowing 20 percent flextime for outside-the-box thinking and another 20 percent for downtime. See if the workload fits into that equation or if your designer is overbooked, in which case you might need to locate additional design support.
If you need additional design help, look inside the company first. Is there anyone who has shown interest in the design job who could be trained to take over some of the designer’s tasks? Can some of the work the designer does be offloaded onto someone else in the company? When you run out of internal options, don’t ignore the problem. Start interviewing freelance designers who can provide assistance when needed. Look for tools that can be used to predict and manage the workload and other tools to increase efficiency. Are you using the latest design software? Has your designer been to school to learn how to best use the software? Connect with other design firms to compare notes on tools they use to stay on top
of their work. Spend some time laying out the activities that your designer goes through on every project. Is there a bottleneck where some or all of the projects get hung up? Are there any shortcuts that could be taken along the way? Would changing the order of the activities make it easier to push work through? If your designer sent out emails at 4 p.m. every day asking for feedback and updates on questions, would the answers be waiting in his in-box the next morning so he could get right to work? Look at your designer’s work area. Is it neat and organized? Can he easily find things? Can he work without interruption? Does he have enough room to lay out his work? Can he lay out multiple projects at once? Try
to get enough workspace so that the answer to every question is “Yes!” BOOK RECOMMENDATION: “Manage Your Day-To-Day: Build Your Routine, Find Your Focus & Sharpen Your Creative Mind,” by Jocelyn K. Glei. Andi Gray is president of Strategy Leaders Inc., StrategyLeaders.com, a business-consulting firm that teaches companies how to double revenue and triple profits in repetitive growth cycles. Have a question for AskAndi? Wondering how Strategy Leaders can help your business thrive? Call or email for a free consultation and diagnostics: 877-238-3535 or AskAndi@StrategyLeaders. com. Check out our library of business advice articles at AskAndi.com.
B:Hive Coworking is banking on future entrepreneurs BY PHIL HALL phall@westfairinc.com
B
:Hive Coworking’s Bridgeport location does not look like your typical coworking space — which is no surprise, considering the massive Beaux Arts structure opened in 1930 as Mechanics and Farmers Savings Bank. When the bank failed in 1991, the grand old building sat vacant on Main Street for years, gaining a blip of attention in 2007 when the Robert DeNiro-Al Pacino film “Righteous Kill” was shot at the location. An architecture firm moved into the space in 2014 and left two years later, with B:Hive Coworking relocating from a more modest Fairfield Avenue storefront in January into the building. When wandering through the space, reminders off Mechanics and Farmers Savings Bank turn up in amusing ways. The oversized door to the bank’s safe is a distinctive portal
to the back rooms, and the barred cubicle that was once the home of the safe deposit boxes is now a small conference lounge. The main conference rooms are considerably larger than today’s variety, with high ceilings and great vertical windows that enable shafts of light to fill the room. “It’s a fun and unique space,” said Jordan Rabidou, co-founder of B:Hive, which is in its sixth year of operation. It is ironic that the old bank building that helped launch yesteryear’s entrepreneurs is now cultivating the new wave of business professionals. But whereas the now-defunct bank gave business owners the capital, B:Hive gives them the venue to launch into the proverbial bigger and better. “All of the co-founders of B:Hive are residents of Bridgeport and all have their own businesses,” said Rabidou. “We thought, ‘What better way to bring
Jordan Rabidou, co-founder of B:Hive in the Bridgeport location that was once Mechanics and Farmers Bank. Photo by Phil Hall.
in businesses than to set up a coworking space?’ Eventually, some may grow out of here. This was our way to activate the community and bring together like-minded individuals and better Bridgeport as a whole.” B:Hive offers its mem-
bers dedicated desks, each with a dedicated IP address, plus three conference rooms for formal negotiations and smaller “huddle rooms” for quick meetings. Membership also covers free office supplies, a photocopier, a locker for storage and a mailing address for receiv-
ing parcels. Members have 24/7 access to the space while non-members can make use of the facility on a 9-to-5 weekday schedule. B:Hive has 45 members at its Bridgeport location plus another 25 at a smaller outlet in Southport. Rabidou is eager to build a sense of camaraderie among those using the coworking environment. Free coffee and snacks are provided to members and the facility has a full kitchen with two ovens and a refrigerator. “We have happy hours every Friday,” Rabidou added. “If you are working with people, you should get to know these people. We found that the true value-added of working out of a coworking space is the networking that happens with this. We have our own B:Hive app so you can look at all of the profiles of the people who are in all of our spaces. You can message them privately or post to forums.”
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Rabidou cites the Bridgeport membership as including graphic designers, IT specialists, nonprofit organizers, a human resources recruiter, an event planner, a film producer and several authors working on their latest books. The award-winning social entrepreneur Daniel Trust teaches classes at the location. And despite having a multitude of people coming in and out of the space throughout the week, B:Hive’s setting is in remarkably good condition. Rabidou acknowledged that the membership goes out of its way to ensure the old building remains in pristine condition during working hours. “This place is about community and we ask our members to buy into the community,” he said. “Everybody treats it as if it was their own space. We give people the benefit of the doubt and good things happen.”
MARCH 11, 2019
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FOB AWARDS
From left: Shan Wade, Anthony Gaglio Jr., Jennifer Baukol, Kathy (Schwerdtle) Saint, Raymond Kolkman, Ryan Raveis, Stew Leonard Jr., Christopher Shyer, Shari Soloway, Kevin Cohen, Dave Ackert (kneeling in front), Kevin Weaver, Cassara Cover, Dr. Steven A. Kolenik III, Willy Montano, Patricia Fisher, Nicole Palazzo and Ken Meccia.
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hats: one as a boss and one as a father. Wearing his metaphoric boss’ hat, Senior fired the younger man from the store. Immediately switching to his father’s hat, he said: “Son, I’m very sorry to hear that you just lost your job.” Another amusing remark came from Katherine (Schwerdtle) Saint, president of The Schwerdtle Stamp Co. Noting that she and her brother John are the fourth generation to run the 140-year-old firm, she noted how keeping up with changing tastes and technologies was key to the Bridgeport firm’s success. “We certainly didn’t want to be the generation that killed the business,” she quipped. Emotional notes were struck by a number of honorees in remembering family members who had preceded them at their companies having passed, or when recognizing the achievements of those predecessors now retired, a number of whom watched from the crowd of about 200. Casarra Cover, owner of Brewster’s Henry B. Whitaker Inc. Garage Doors and granddaughter of its titular founder, touched upon the fact that Whitaker, who started the business in his home in 1949, had been white while his wife was black — far from a common situation at the time. “I never went to day care — I came to Whitaker,” she said as her mother Fay — who took over the business the year Cover was born — stood by her side. Pam Fitzpatrick, founder and CEO of Carmel’s Angels on Call Homecare, looked forward to the next generation: namely, her sons Robert Dalton, the firm’s CFO, and Eric Dalton, both of whom joined her onstage. Noting that the pair belong to what she called “the much-maligned” millennial generation, Fitzpatrick disputed a recent Time magazine article disparaging millennials as overly entitled and self-focused, saying her sons were
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living reproofs to such broad characterizations. Many of the honorees addressed the question, “What is the key to running a successful family-owned business so it can be passed from generation to generation?” “Honor your previous generations by continuing to go out and learn more about your industry,” said Nicole Palazzo, the fourth-generation owner of Trumbull’s City Line Florist, while Jennifer Baukol, second-generation owner of White Plains’ Steps Home Care, observed that, “It wouldn’t be a family business if the hard-work ethic hadn’t been instilled in us by the older generation.” Some honorees were owned by first-generation family members. The titular owner of White Plains’ Law Offices of Kevin H. Cohen said an important consideration looking forward was whether the next generation even wants to be involved with the business: “Are they prepared to put the hard work in? Do they have the right temperament and personality?” Dave Ackert, president and CEO at Sandy Hook’s Maple Craft Foods, understandably wondered if his 5-year-old child would be interested in inheriting the business — “but we are laying the foundation for a business legacy” — as did Kevin Weaver, founder of Hopewell Junction craft beer brewing equipment manufacturer Brewmation Inc. Noting that his son took a car service to the ceremony, “so he’s doing well” at another company, and that his two daughters have yet to evince much interest in the company, Weaver received applause upon announcing that he and his wife, Brewmation Vice President Maria Weaver, were celebrating their 25th anniversary that night. Opening remarks were provided by Liz Salguero, founder and president of Wilton’s nonprofit Circle of Care, followed by a keynote address by Scott Mitchell, vice president, sales at Westport-based Mitchell Stores, a three-generation family business.
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Scott Mitchell, keynote speaker.
Other honorees included: • Connecticut Dermatology Group, Norwalk. • Hodson Realty Inc., Trumbull. • Janus Associates, Stamford. • John M. Glover Insurance Agency, Norwalk. • Montano Wood Care Corp., Yonkers. • New England Total Energy, Greenwich. • Raymond Opticians, Jefferson Valley. • Statewide Abstract Corp., White Plains. • Viking Construction Inc., Bridgeport. • William Raveis Real Estate, Mortgage & Insurance, Shelton. • Zyloware Eyewear, Port Chester.
The event was held at 1133 Westchester Ave. in White Plains and was presented by the Westchester and Fairfield County Business Journals. Official sponsors and supporters included Angels on Call, Barnum Financial Group, The Bristal Assisted Living, Blossom Flower Shops, Buzz Creators, GS&S Awnings, The Kensington, Montano Wood Care, Rakow Commercial Realty Group, Raymond Opticians, Steps Home Care, Stew Leonard’s, Val’s Putnam Wines & Liquors and Zyloware Eyewear.
1. Ronald Gatto Jr., Jonathan Cover, Cassara Cover and Faye Gatto 2. Ed Cohen, Shari Soloway, Kevin Cohen and Arlene Cohen 3. Christopher Fernandes, Rich Battista, Alyson Battista, Mary Kolkmann, Raymond Kolkmann, Christina Kolkmann, Raymond Kolkmann Jr. and Christa Fernandes 4. Marcia Pflug and David Richman 5. Hazel Anchia, Willy Montano and Maribel Mateo 6. Peder Baukol, Jennifer Baukol, Lisa Wade and Shan Wade
7. Alex Wooldridge, Kathleen Murphy and Laura Munn 8. Eric Dalton, Pamela Fitzpatrick, Robert Dalton and Chelsea Merola 9. Jackie Janiec, Janna Neal, Christopher Shyer, Benitha Mintz and Al Winnick 10. Chris Kniffin, Adam Fisher, Patricia Fisher and Lyle Liberman 11. Maria Weaver, Kevin Weaver and Brandon Weaver
Milford | Norwalk | Stamford | Greenwich | 203-810-4151 | ctdermgroup.com
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MARCH 11, 2019
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ADVERTORIAL RESOURCE GUIDE
MARCH 11, 2019 | FAIRFIELD COUNTY BUSINESS JOURNAL | WESTCHESTER COUNTY BUSINESS JOURNAL
COMMERCIAL DEVELOPERS
FAIRFIELD COUNTY
COMMERCIAL DEVELOPERS – Fairfield County Listed alphabetically. Name Address Area code: 203, unless otherwise noted Website
Representative properties
Services provided
H. Darrell Harvey, co-CEO and Andrew B. Ashforth, co-CEO Kim DePra kdepra@ashforth.com 1896
Library Transporttion Project, Westport 66 Summer Street, Stamford Stamford Metro Green III, Stamford
Berkshire Industrial Corp.
Roy E. Steiner, president info@berkshirecorporatepark.com 1969
More than 1,000,000 square feet of Full-design build, from land planning corporate park built, more than 1,000,000 to construction management more buildable
Building and Land Technology
Carl R. Kuehner III Ted Ferrarone info@bltoffice.com 1982
Harbor Point, Stamford The Towers, Norwalk The Beacon, Jersey City, N.J.
Real estate development, investment, construction, management and ownership
Collins Enterprises LLC
Arthur Collins and Dwight Collins Dwight Collins dcollins@collins-llc.com 1991
CovePointe at the Landings, Norfolk, Va. The Landings at Bolling Square Norfolk, Va. Watermark at Talbot Park, Norfolk, Va.
Full-service real estate company, acquisitions, development, assets and property management, financing and consulting
Anthony E. Malkin, chairman and CEO 1987
First Stamford Place, Stamford 10 Bank St., White Plains, N.Y. Metro Tower, Stamford
The Ashforth Co.
707 Summer St., Fourth floor, Stamford 06901 359-8500 • ashforth.com
2 Parklawn Drive, Bethel 06801 743-7201 • berkshirecorporatepark.com
1 Elmcroft Road, Suite 500, Stamford 06902 846-1900 • bltoffice.com
1455 E. Putnam Ave., Second floor, Old Greenwich 06870 358-0004 • collins-llc.com
Empire State Realty Trust
Metro Center, 1 Station Place, Stamford 06902 353-5200 • empirestaterealtytrust.com
F.D. Rich Co.
222 Summer St., Stamford 06901 359-2900 • fdrich.com
Thomas L. Rich Colleen Fraccola cfraccola@fdrich.com 1920
Fischel Properties
Jonathan Eckman jeckman@fischelproperties.com 1970
Mack-Cali Realty Corp. *
Michael J. DeMarco, CEO info@mack-cali.com 1949
Marcus Partners Inc.
David P. Fiore dfiore@marcuspartners.com 2004
501 Kings Highway East, Fairfield 06825 696-1000 • fischelproperties.com
210 Hudson St., Suite 400, Jersey City, N.J. 07311 732-590-1010 • mack-cali.com
301 Merritt 7, Norwalk 06851 762-7200 • marcuspartners.com
National Resources
485 W. Putnam Ave., Greenwich 06830 661-0055 • nationalresources.com
R.D. Scinto Inc.
1 Corporate Drive, Suite 100, Shelton 06484 929-6300 • scinto.com
RMS Companies
1 Landmark Square, Stamford 06901 968-2313 • rms-companies.com
Spinnaker Real Estate Partners LLC 1 N. Water St., Suite 100, South Norwalk 06854 354-1547 • spinrep.com
Stanley M. Seligson Properties 605 West Ave., Norwalk 06850 857-5600 • seligsonproperties.com
REAL
Top local executive(s) Contact person Email address Year company established
Residence Inn by Marriott South Norwalk Summer House, Stamford
Riverview Park, Fairfield Amazing Plaza, Norwalk Galleria, Fairfield
Cross Westchester Executive Park, Elmsford, N.Y. Stamford Executive Park, Stamford
3 Westchester Park Drive White Plains, N.Y. Merritt 7, Norwalk 40 Cross St., Norwalk
Construction, property management and investments
Leasing, marketing, construction, legal, accounting, asset and property management
Development, leasing, management, construction Full-service commercial real estate development company, including new construction and rehab developments, real estate brokerage, property management and business consulting Leading owner, manager and developer of urban waterfront, transitbased office properties and luxury multifamily communities in the northeast Real estate investment, development and property management
Joseph Cotter 1993
iPark Norwalk, Norwalk Edgewater Harbor, Edgewater, N.J. iPark Hudson, Yonkers, N.Y.
Development and management
Robert D. Scinto 1975
2 Enterprise Drive, Shelton 100 Quarry Road, Trumbull 45 Danbury Road, Wilton
Site selection, acquisition, construction
Randy Salvatore info@rms-companies.com 1995
Clayton Fowler, chairman and CEO and principal Kim Morque, president and principal kimberly@spinrep.com 1950 Stanley M. Seligson, chairman and CEO Michael G. Serrao, vice president 1979
Parallel 41, Stamford The Phoenix on Isaac, Norwalk Vine Meadows, Stamford
19 Day Street, South Norwalk 211 State Street, Bridgeport The Security Building, Bridgeport
Waypointe, Norwalk Townhomes at 442 Main Ave., Norwalk
Real estate developer
Acquisition, development and management, urban planning, engineering, design execution Owner and manager of a portfolio in excess of one million square feet of residential, office, retail, medical and light industrial buildings
This list is a sampling of commercial developers serving the region. If you would like to include your company in our next list, please contact Peter Katz at pkatz@westfairinc.com. * Company is not located in the area but serves the region. AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019 S2 ESTATE
D&D ELEVATOR TO OPEN YONKERS TRAINING CENTER FOR ELEVATOR TECHNICIANS ne of the primary issues facing U.S. industry today — across virtually all the manual labor trades and particularly in construction — is an ongoing shortage of trained technicians. This is being strongly felt in the elevator industry, where steadily growing building construction has created increasing demand for technicians to install, service and maintain new and existing systems. More and more one hears, “we need more trained technicians, but there’s no one available to hire.” According to Bob Schaeffer, CEO and president of Elmsford-based D&D Elevator Maintenance, the solution is “training, training, training.” An elevator industry veteran, Schaeffer has throughout his career been a strong advocate for education. Among his many accreditations, he served as board president of the National Association of Elevator Contractors (NAEC) and, as education chairman, was instrumental in creating the Certified Elevator Technician (CET™) certification. This nationally recognized certificate program provides the elevator industry with the means of obtaining and verifying knowledge and experience requirements related to compliance with industry codes, elevator and escalator specific technical theory, components and competencies. For its own company, D&D Elevator has been delivering apprenticeship training for more than 15 years with great success. Schaeffer explains, “To allow us to grow at a reasonable pace, our goal was to make sure we always had enough skilled workers, while maintaining and enhancing our existing workforce. Over recent years, we have seen a dynamic change in the workforce. Retirees have outpaced new apprentices and rather than deal with the rigors of daily maintenance, repairs, modernizations and the installation of elevators, many qualified technicians have opted to become inspectors and third-party witnesses.” Now, in the face of the worsening shortage in certified technicians, D&D is working on expanding the training model to other elevator companies that subscribe to the common goal of using only educated and safety-trained skilled labor. When they began asking other companies if they had any interest in this, the answer was a resounding ‘if you build it, we will come.’ Accordingly, D&D has begun the process of building a 2,500-square-foot Elevator Learning Center
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on Corporate Boulevard in Yonkers. In keeping with the objective of developing an innovative education model that other companies would fi nd valuable — while ensuring that the educational content is proven and accepted — all classes are being taught by experienced and certified instructors. According to Schaeffer, the overarching objective of the Center is to allow for other companies to train at its facility, either through its approved educational delivery system, or a process created through contractor related organizations. The Center will also be providing services that include certified
testing, proctoring and graduate placement services for entities that provide apprenticeship and re-certification. Working with human resource professionals, it is planning to add personal attribute and ethics training to help create well-rounded candidates who understand the importance of communication, quality and professionalism. In conclusion, Schaeffer says, “We see this approach as a solution to the shortage of skilled labor — to help build a body of educated, trained, skilled, responsible workers who can make an extremely good living while serving a pressing societal need.”
D&D Elevator Maintenance president Bob Schaeffer teaching an elevator technician apprenticeship program.
D&D’s Elevator’s new Elevator Learning Center will be located at Corporate Boulevard in Yonkers and will be delivering: • State-of-the-art computer workstations delivering online education • Accredited, certified apprenticeship training recognized by the Department of Labor • OSHA and Safety training using highly experienced, certified instructors • Industry related continuing education with CEU credits for certification requirements
Students will experience hands-on learning with full-scale elevator component mockups and demonstration aids, as well as simulators that provide the experience of working with equipment from several leading manufacturers.
D&D Elevator Maintenance Incorporated • 38 Hayes Street • Elmsford, NY 10523 P: 914.347.4344 • F: 914.347.3222 • info@ddelevator.com • www.ddelevator.com
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
COMMERCIAL DEVELOPERS
WESTCHESTER COUNTY
COMMERCIAL DEVELOPERS – Westchester County Listed alphabetically. Name Addres Area code: 914, unless otherwise noted Website
Top local executive(s) Contact person Email address Year company established
The Baker Companies
Mark Baker, president properties@thebakercompanies.com 1966
1 W. Red Oak Lane, White Plains 10604 461-9000 • thebakercompanies.com
Cappelli Organization
7 Renaissance Square, Fourth floor, White Plains 10601 769-6500 • icappelli.com
Louis Cappelli, Bruce Berg 1982
Representative properties
Services provided
Providence at Yates Pond, Cary, N.C. Town Place, Middletown, Conn. High Pointe at Panther Valley, Hackettstown, N.J.
Acquisitions and development
Atlantic Station, Stamford, Conn. 55 Bank St., White Plains 5Pointz Towers, Long Island City
Covington Development LLC
Harold Lepler Larry Nadel info@covingtondevelopment.com 1980
Diamond Properties LLC
Jim Diamond jdiamond@dpmgt.com 1995
Ginsberg Development Cos.
Martin Ginsberg, principal info@gdcllc.com 1964
River Tides at Greystone, Yonkers Fort Hill Apartments, Peekskill Harbor Square, Ossining
80 Business Park Drive, Armonk 10504 273-5200 • lashinsrealtyservices.com
Edward A. Lashins, Eric M. Lashins eric@lashinsdevelopment.com 1944
Armonk Business Park, Armonk Five Waller Ave., White Plains
Mack-Cali Realty Corp. *
Michael J. DeMarco Ilene Jablonski
Cross Westchester Executive Park, Elmsford Stamford Executive Park, Stamford, Conn.
Owner, manager and developer of urban waterfront, transit-based office properties and luxury multifamily communities in the Northeast
Robert C. Baker, chairman and CEO John G. Orrico, president Donna Justo, contact person donna.justo@nrdc.com 1962
WatermarkPointe, New Rochelle Marketplace at Manville, Manville, N.J. The Shoppes at Middletown, Middletown, N.J.
NRDC portfolio comprised of 78 projects in 14 states, including large retail power centers, groceryanchored community shopping centers, residential communities and corporate/industrial business parks
Robert Martin Company LLC
Robert F. Weinberg, Timothy M. Jones and Greg A. Berger tjones@rmcdev.com 1957
N/A
Development, acquisition and adaptive reuse
RPW Group Inc.
Robert P. Weisz info@rpwgroup.com 1979
1133 Westchester Ave., White Plains 800 Westchester Ave., Rye Brook 450 Mamaroneck Ave., Harrison
Ownership, management, general contracting, construction management
Martin G. Berger berger@saberfund.com N/A
Shopping center, Riverhead, N.Y. Rivertown's Square, Dobbs Ferry, N.Y.
Acquisition, development, construction management, adaptive reuse, ownership and leasing
Simone Development Cos.
Joseph Simone, president N/A 1960
Hutchinson Metro Center, Bronx, N.Y. Commercial development and holding, Purchase Professional Park, Purchase residential development and sale One Sound Shore Drive, Greenwich, Conn.
Steven Wise Associates
Steven Wise steve@roe.co 2004
113 King St., Armonk Clairol Factory, Stamford
Real estate investment and development
Westmont Land Ventures LLC
Marc Samwick marc@benchmarkpg.com 2001
N/A
Acquisition, development and advisory services
Westrock Development LLC
Jason Friedland, president jfriedland@westrockdevelopment.com 2001
1069 Connecticut Ave., Bridgeport 982 Main St., Fishkill 1313 Connecticut Ave., Bridgeport
Development and property rehabilitation
William A. Kelly & Co.
Edward W. Kelly Charity Kelly wakelly@wakellyco.com 1933
The Harvey School Athletic Facility, Katonah Shames JCC On The Hudson Community Center, Tarrytown Pepsico Hangar at the Westchester County Airport
Construction management, general contracting, turnkey packages, design-build services, site work, excavation, construction
322 Clock Tower Commons, Brewster 10509 845-279-9565 • covington-development.com
333 N. Bedford Road, Mount Kisco 10549 773-6249 • dpmgt.com
100 Summit Lake Drive, Suite 235, Valhalla 10595 747-3600 • gdcllc.com
Lashins Development Corp.
210 Hudson St., Suite 400, Jersey City, N.J. 07311 732-590-1010 • mack-cali.com
National Realty & Development Corp. 3 Manhattanville Road, Suite 202, Purchase 10577 694-4444 • nrdc.com
100 Clearbrook Road, Elmsford 10523 592-4800 • robertmartincompany.com
800 Westchester Ave., Suite N601, Rye Brook 10573 285-1700 • rpwgroup.com
Saber Real Estate Advisors LLC 80 Business Park Drive, Suite 306, Armonk 10504 250-0600 • saberfund.com
1250 Waters Place, Bronx 10461 718-215-3000 • simdev.com
46 Westchester Ave., Pound Ridge 10576 N/A • N/A
3 Barker Ave., Sixth floor, White Plains 10601 231-8080 • N/A
440 Mamaroneck Ave., Suite N-503, Harrison 10528 751-4000 • westrockdevelopment.com
87 Bedford Road, Katonah 10536 232-3191 • wakellyco.com
info@mack-cali.com 1949
Various residential, office, industrial, retail, health care, and equine buildings primarily in Brewster and Patterson
Construction, development and asset management
100 Brook Hill Drive, West Nyack 75 Virginia Road, White Plains 50 Broadway, Hawthorne
Full development services
Site selection, acquisition, construction and management
Construction, leasing, management and sales
Development, construction, leasing and management
This list is a sampling of commercial developers serving the region. If you would like to include your company in our next list, * Company is not located in the area but serves the region. AN N/AADVERTORIAL = Not available.RESOURCE GUIDE | MARCH 11, 2019 S4
please contact Peter Katz at pkatz@westfairinc.com. REAL ESTATE
IDENTITY AT THIS ICONIC ADDRESS | 11,500 SF
16
- Spectacular Views - Efficient, center core floors with extensive glassline - Generator available - Column free floors
UPGRADES, AMENITIES & SERVICES • • • • •
Full-time concierge Full-service on-site cafe 20,000 sf fitness center & conference facility Indoor, secure parking Private shuttle to Metro North and Amtrak Rail Station • Direct access to Stamford Town Center Mall
• • • •
Blackstones Steakhouse Barber shop, tailor/dry cleaners, shoe repair Executive car wash and detailing Walking distance to all downtown amenities, including Metro-North & Amtrak Rail Station, the Palace Theater, Courtyard by Marriott and over 50 restaurants
Larry Kwiat • 203.363.2341 larry.kwiat@slgreen.com
Robert Swierbut • 914.872.4744 robert.swierbut@slgreen.com
Willard Overlock • 914.872.4729 willard.overlock@slgreen.com LANDMARK SQUARE OWNERSHIP OFFICES ON-SITE
REAL ESTATE
S5
RECKSON.COM
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
CONSTRUCTION COMPANIES
FAIRFIELD COUNTY
CONSTRUCTION COMPANIES – Fairfield County Listed alphabetically. Name Address Area code: 203, unless otherwise noted Website
Top local executive(s) Email address Year company established
A. P. Construction Co.
Andrew B. Ashforth President and CEO atank@apconst.com 1981
Construction management and general contracting for projects, including educational facilities, corporate interiors, health care, municipal facilities and selective residential properties
Gus Pappajohn President and CEO info@apappajohn.com 1992
Construction management, general contracting and preconstruction for high-end residential and commercial projects
Pavarini North East Construction Co.
Carl R. Kuehner III, Paul J. Kuehner info@bltoffice.com 1982
Private real estate company offering development, design and construction services
Pecora Brothers Inc.
Philip Clark Owner and founder info@clarisconstruction.com 1991
Architecture, engineering and commercial construction for projects and markets, including aviation, health care, education, industrial, interior and retail
Peter Schneider Builder Contractor Inc.
Ryan Moran, Joe Feinlieb Owners ryan@ctcoastal.com joe@ctcoastal.com 2003
Luxury residential and commercial construction
Salvatore Zarrella Principal member info@cmgbuilder.com NA
Full-service commercial and residential construction
Sylvan D. Pomerantz and Barbara A. Pomerantz Co-founders sylvan@csgroupct.com 2003
707 Summer St., Stamford 06901 359-4704 • apconst.com
A. Pappajohn Co.
66 Fort Point St., Norwalk 06855 523-0303 • apappajohn.com
Building and Land Technology Corp.
1 Elmcroft Road, Suite 500, Stamford 06902 846-1900 • bltoffice.com
Claris Construction Inc.
53 Church Hill Road, Newtown 06470 364-9460 • clarisconstruction.com
Coastal Construction Group
Services
Name Address Area code: 203, unless otherwise noted Website
Top local executive(s) Email address Year company established
KBE Building Corp.
Michael Kolakowski, President and CEO akleban@kbebuilding.com 1959
Preconstruction, construction management, design-build and general contracting services
Robert W. Mullen, CEO 1896
New-building construction, renovations, expansions, infrastructure rehabilitation, modernization and interior fit-outs
Joseph Pecora jpecora@pecorabrothers.com 1995
New-home construction, room additions, kitchen and bath updates, home automation, property management and commercial construction
Peter Schneider and John Larson peter@peterschneiderbuilder.com 1984
Homes, additions and renovations
76 Batterson Park Road, Farmington 06032 860-284-7110 • kbebuilding.com
(A member of the Structure Tone Organization) 30 Oak St., Third floor, Stamford 06905 327-0100 • structuretone.com
70 Hamilton Ave., Greenwich 06830 863-9555 • pecorabrothers.com
106 Rockwell Road, Bethel 06801 743-5548 • peterschneiderbuilder.com
Services
Residential, commercial and environmental services, including hazardous material spills, site NA clean ups and mold remediation
Phoenix Construction
Anthony Gulliaro President apgphoenix@aol.com
Pine Creek Associates Inc.
Tom Wrabel pinecreek86@optonline.net 1986
Remodeling, additions, new-home construction, property management and general maintenance and repairs
Residential construction, additions, renovations, custom homes and commercial construction
RMS Companies
Randy Salvatore President and CEO 1995
General contracting and construction management for residential and commercial projects
Emilio Coppola info@coppolaandsons.com 1973
Commercial and residential construction, including renovations and home improvements
Schimenti Construction Co.
Matthew Schimenti President 1994
Construction management, preconstruction services, renovations and remodeling for commercial projects
George Pusser President cornerstone@cornerstonebuilders.com 1992
Luxury home builders and commercial construction
Sherman Building Design
Michael Carpanzo Major renovations, construction CEO and project manager and construction management michael@shermanbuildingdesign.com for residential projects 2009
Brian MacDonald President bmacdonald@dvnport.com 1983
Custom homebuilding and renovations for residential projects
Signature Construction Group Inc.
Daniel Tomai Founder, president and CEO dtomai@signatureconstruction.com 1990
Preconstruction and postconstruction services and general construction services
Domack Restoration LLC
Jason Domack jasond@domackroofing.com 1974
Commercial roofing and restoration, including tapered insulation and metal roof systems, roof drains, asphalt shingles, moisture detention and waterproofing
Eric Salvesen President sterlingassociates@earthlink.net 1996
New-home construction, additions and renovations
Falciglia Construction
Tom Falciglia tom@falcigliaconstruction.com 1995
General contracting, construction and project management and interior construction design for commercial and residential projects
Curtis Verdi Owner info@verdiconstruction.com 1997
Design build, engineered building, construction logistic, integrated project solutions
Michael E. McKelvy President and CEO info@gilbaneco.com 1873
Preconstruction, construction, fueling facilities construction and repair, facilities management, virtual design and disaster recovery and reconstruction
Anthony Gaglio Sr. Owner info@vikingconstruction.net 1991
Construction management, general contracting, design/build and preconstruction
Scott Hobbs Ian Hobbs Co-owners info@hobbsinc.com 1954
Residential general contractor for high-end custom homes, additions and renovations, including preconstruction, project management and continuing care
Bruce Wernert Owner build@wernert.com 1981
General contracting, construction management, designing, building and owner representation
Justin Shaw President info@jcsconstructiongroup.com 2007
Commercial management, general contracting, preconstruction services and millwork division for commercial and residential projects
J. Gary Langmuir President and CEO Mrichards@wohlsen.com 1890
Preconstruction, general construction, construction management, design-build, integrated product delivery/lean construction
JK Home Improvements LLC
John A Kozinsaki Owner johnk@jkhomeimprovements.com 1996
Full-service home remodeling, general contractor and home improvement
Worth Construction Co. Inc.
Michael Pontoriero President and treasurer worth@worthconstruction.com 1978
General construction, construction management, preconstruction, budgeting and engineering, value engineering, design and build
Karp Associates Inc.
Arnold M. Karp Founder inquiries@karpassociatesinc.com 1985
Renovations, custom homes, construction management, real estate consulting, project rescue and project management
Wright Building Co.
Chris Wright President info@wrightbuild.com 1985
Home building, renovations, additions and estate care
York Construction & Development
Nick Barile President nick@yorkdev.com 2000
Residential construction projects, including new custom homes, remodeling and renovations, general contractor and build management
1723 Post Road East, Westport 06880 984-6869 • ctcoastal.com
Construction Management Group LLC 58 Pine St., New Canaan 06840 966-3388 • cmgbuilders.com
Construction Solutions Group 17 Brinckerhoff Ave., Stamford 06905 595-9882 • theconstructionsolutionsgroup.com
Coppola & Sons Construction Co.
23 Keeler Ave., Norwalk 06854 359-1625 • coppolaandsons.com
CORNERSTONE Contracting 200 Pemberwick Road, Greenwich 06831 861-4200 • cornerstone-builders.com
Davenport Contracting Inc. 78 Harvard Ave., Stamford 06902 324-6308 • davenportcontracting.com
185 Charles St., Stratford 06615 502-2004 • domackroofing.com
6A Rock Ridge Court, New Fairfield 06812 948-7897 • falcigliaconstruction.com
Gilbane Building Co.
208A New London Turnpike, Glastonbury 06033 530-5156 • gilbaneco.com
Hobbs Inc.
27 Grove St., New Canaan 06840 966-0726 • hobbsinc.com
JCS Construction Group Inc. 9 W. Broad St., Stamford 06902 485-9612 • jcsconstructiongroup.com
3 Beau St., Norwalk 06850 984-8869 • jkhomeimprovements.net
16 Cross St., New Canaan 06840 972-3366 • karpassociatesinc.com
This list is a sampling of construction companies that are located in the region. If you would like to include our company in our next list. please contact Peter Katz at pkatz@westfairinc.com.
REAL ESTATE
P.O. Box 1033, Ridgefield 06877 914-490-7900 • phoenixconstructioncorp.com
80 Old Dam Road, Fairfield 06824 256-9300 • pinecreekassociates.com
1 Landmark Square, Stamford 06901 968-2313 • rms-construction.com
650 Danbury Road, Ridgefield 06877 244-9100 • schimenti.com
14 Lily Pond Trail, New Milford 06776 860-354-4411 • shermanbuildingdesign.com
745 E. Main St., Stamford 06902 325-0628 • signatureconstruction.com
Sterling Associates LLC P.O. Box 766, Newtown 06470 426-0021 • sterlingassociatesllc.com
Verdi Construction Co. LLC
16 Taylor Ave., Bethel 06801 • 888-522-9880 400 Main St., Suite 813, Stamford 06901 • 504-8760 verdiconstruction.com
Viking Construction Inc. 1387 Seaview Ave., Bridgeport 06607 353-0260 • vikingconstruction.net
Wernert Construction Management LLP 76 Valley Road, Cos Cob 06807 869-1110 • wernert.com
Wohlsen Construction
2321 Whitney Ave., Suite 101, Hamden, 06518 800-573-0206 • wohlsenconstruction.com
24 Taylor Ave., Bethel 06801 797-8788 • worthconstruction.com
5 Myrtle St., Norwalk 06855 227-4134 • wrightbuildingcompany.com
210 Sound Beach Ave., Old Greenwich 06870 698-3460 • yorkdev.com
S6
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
ENDING A YEAR, BEGINNING A NEW YEAR ON A HIGH NOTE S
trong economic fundamentals in the U.S., the greater New York City area and in Westchester County continue to drive a healthy commercial real
estate market. Widespread fears about the health of the economy have proven unfounded in the face of recent encouraging labor statistics, positive wage growth and an expanding labor force. The county in particular continues to show no signs of flagging economic momentum. Confidence is being tempered by ongoing concerns, including a trade-related drop in industrial activity, geopolitical risks, interest-rate increases and volatility in some areas of the capital markets. Investors seeking to establish return expectations for real estate assets must continue to evaluate risk both at home and abroad. Assessing risk and return is challenging in any economic environment. In an environment of uncertainty, even the most brightly illuminated crystal balls appear opaque and difficult to decipher. Retail and office properties have faced the strongest headwinds during the past decade. Consumers are changing their shopping, working and health care consumption patterns. Real estate housing these activities has been negatively impacted as rents drift downward and landlords struggle to maintain or re-evaluate occupancy. Obsolete business models are disappearing at a previously unforeseen pace. The winners include well-located properties providing consumer convenience and new and refurbished properties able to attract new brands for the evolving consumer. These trends are likely to persist, influencing fundamentals for these property types throughout 2019. Westchester office properties ended the year on a high note. After three quarters of net negative space absorption (in essence: demand lagging supply) activity in the fourth quarter turned the space market story around. According to Costar data, net leasing volume in the fourth quarter offset aggregate losses in the fi rst three quarters of the year. Additionally, office rents fi nished the year
REAL ESTATE
COMMERCIAL GROUP
slightly higher compared to the fi rst quarter. The leasing strength observed in Westchester resembled the Manhattan market where 2018 was reported as one of the best leasing markets in many years. Westchester retail properties are also surprising market watchers as rents have remained stable and absorption positive, in spite of major retailers closing in the area. Landlords eager to keep forward momentum and maintain fully utilized assets have emphasized occupancy over pricing.
TWO-STORY RETAIL STRIP IN DOWNTOWN WHITE PLAINS FOR SALE | 43-61 Mamaroneck Avenue | White Plains
Listed by the Klein Lanza Sales Team | $13,600,000
THE TREND IS GOOD NEWS FOR APARTMENT DEVELOPERS AND THERE ARE SEVERAL SIGNIFICANT MULTIFAMILY DEVELOPMENTS GOING UP AND RECENTLY APPROVED TO BUILD IN WESTCHESTER COUNTY.
YONKERS BUILDING FOR SALE
FOR SALE | 1254 & 1270 Central Park Ave | Yonkers
Listed by Michael Rackenberg | $2,200,000
Westchester County multifamily properties demonstrated ongoing strength throughout 2018. Vacancy in multifamily apartments stood at just over 3 percent in the fourth quarter, slightly above 2.7 percent in the third quarter. Unit absorption overall declined at year’s end compared to a blazing fi rst half of the year. However, rents reportedly increased across the board. This suggests a trend of renters trading up and out of functionally obsolescent buildings. The trend is good news for apartment developers and there are several significant multifamily developments going up and recently approved to build in Westchester County. The majority of these developments are focused on transit-oriented development (TOD) locations, which offer easy access to MTA train stations. According to Costar, projects under development in southern Westchester (south of I-287) will deliver an increase of 5 percent of inventory during the next three years.
FLEXIBLE OFFICE, GALLERY & STUDIO SPACES AVAILABLE
FOR LEASE | 69 Lydecker St & 5 N Bdway | Nyack Listed by Rick Tannembaum | $19/SF/MG
GREAT USER/OWNER OR INVESTMENT PORTFOLIO
PRIME WAREHOUSE IN THE BRONX FOR SALE | 967 Longfellow Avenue | Bronx
Listed by the Klein Lanza Sales Team | $1,900,000
FORMER BANK BUILDING FREE STANDING
FOR SALEE | 250 Route 9W | West Haverstraw
Listed by Alan Zuckerman | $1,600,000
MODERN “GREEN” OFFICE SPACE BEAUTIFULLY DESIGNED
FOR SALE | 50-58 Sodom Road | Brewster
Listed by Rich Aponte | $775,000
FOR LEASE | 1 Larkin Plaza | Yonkers Listed by the Klein Lanza Sales Team | $35/SF
HIGHLAND INDUSTRIAL PARK
PRIME STREET LEVEL RETAIL
FOR LEASE | 1 Highland Ind. Park Dr. | Peekskill
Listed by Rich Aponte | $19/SF
FOR LEASE | 201 Willett Ave. | Port Chester Listed by Kim Galton | $20/NNN
PRIME OFFICE SPACE
MEDICAL OFFICE IN SCARSDALE
FOR LEASE | 670 White Plains Road | Scarsdale
Listed by the Klein Lanza Sales Team | $1,400/Mo.
FOR LEASE | 50 Popham Road | Scarsdale Listed by Teresa Marziano | $4,200/Month
800 WESTCHESTER AVENUE, RYE BROOK, NEW YORK 10573 914.798.4900 • HLCOMMERCIALGROUP.COM
S7
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
CONSTRUCTION COMPANIES
WESTCHESTER COUNTY AND REGION
CONSTRUCTION COMPANIES – Westchester County Listed alphabetically. Name Address Area code: 914, unless otherwise noted Website
Top local executive(s) Email address Year company established
A.F. & Sons LLC
Greg Filippone Owner corporate@af-sons.com 1990
Every aspect of residential renovation and maintenance
Richard J. Ahearn, Jed Holtzman Founders aconnolly@ahearnholtzman.com 1960
Preconstruction and construction for commercial projects, including construction management
American Petroleum Equipment & Construction Co.
Tony Rizzi, president; Jim Dollaway, vice president; Dan Carpenter, vice president tony@apecco.biz 2003
An environmental and construction company specializing in petroleum tank systems for commercial and residential
AVR Realty Co.
Allan V. Rose Owner and CEO 1975
Commercial and residential real estate planning and development
Michael Bacchetta COO aghimisian@baccbuilders.com 1984
High-end general contracting firm that does building alterations, renovations and infrastructure upgrades
Linda Blair Owner linda@blairinteriors.com 1995
National and international interior design services for residential, renovations, condo/co-op, restaurants and hospitality projects
Kevin Brenner Founder and president info@brennerbuilders.com N/A
Luxury residential construction and renovation services
Dominic Calgi Owner info@calgiconstruction.com 1919
Construction management, general construction, consulting and owner representation
Anthony Consigli, CEO, and Matthew Consigli, president 2009
Preconstruction, project delivery approaches, turnkey student housing, turnkey health care facilities, building information modeling and custom millwork
CRB Inc.
Chris R. Bisceglia President chris@crbinc.net 1994
Construction management, general contracting and building maintenance and service
Dennis Lounsbury Builders Inc.
Jeffrey Lounsbury President sdlbi@frontiernet.net 1972
Steel-structured, pre-engineered metal buildings and post-frame construction for projects, including churches, sports arenas, fire stations and car dealerships
Du-Ben Steel Buildings Inc.
Robert Stong President dubensteel@aol.com 1971
General contractor, pre-engineered steel buildings, and designing and building
Lee Lasberg President info@lasbergconstruction.com 1932
Preconstruction consulting, preliminary cost evaluation and budget and project management and administration for residential, commercial and industrial projects
William H. Goodrich, CEO and managing partner; William L. Mack, president; and Kyle L. Sayers, executive vice president and COO 1944
Full-service construction management and general construction
Verticon Construction Services
Michael O'Connor President mancusocorp@aol.com 1984
Construction for all phases of residential contracting, additions, remodeling and renovations
William A. Kelly & Co. Inc.
529 Central Park Ave., No. 210, Scarsdale 10567 723-5699 • N/A
Ahearn-Holtzman Inc.
530 Willett Ave., Port Chester 10573 937-5995 • ahearnholtzman.com
63 Orange Ave., Walden 12586 845-778-5110 • apecco.biz
1 Executive Blvd., Yonkers, 10701 965-3990 • avrrealty.com
BACC Builders Inc.*
134 W. 29 St., Suite 604, New York 10001 212-233-5900 • baccbuilders.com
The Blair Interiors Group Ltd. 1 Chase Road, Scarsdale 10583 319-8422 • blairinteriorsgroup.com
Brenner Builders
362 Adams St., Bedford Hills 10507 242-4707 • brennerbuilders.com
Calgi Construction Co.
56 Lafayette Ave., Suite 350, White Plains 10603 666-9423 • calgiconstruction.com
Consigli Construction Management LLC
199 West Road, Suite 100, Pleasant Valley 12569 845-635-1800 • consigli.com
47 Purdy Ave., Port Chester 10573 698-6700 • crbinc.net
2824 Route 17K, Bullville 10915 845-361-5524 • dennislounsburybuilders.com
24 Western Ave., Marlboro 12542 845-236-7900 • dubensteelbuildings.com
Lasberg Construction Associates Inc.
200 Business Park Drive, Suite 305, Armonk 10504 273-4266 • lasbergconstruction.com
LeChase Construction
1 Labriola Court, Armonk, NY 10504 741-1212 • lechase.com
Mancuso Construction & Remodeling Corp.
560 Route 9W, Tomkins Cove 10986 845-786-2073 • N/A
Services offered
Name Address Area code: 914, unless otherwise noted Website
Meyer Contracting Corp.
12 Charles St., Pleasant Valley 12569 845-635-1416 • meyercontracting.com
Services offered
General contracting for Christian Meyer projects/markets, including Owner commercial, education, green, kmckenna@meyerconstruction.com health care, historic, libraries, 1986 municipal, residential and seniors Christopher Murphy, Sean Murphy Owners michael@murphybrothers.com 1979
Single-family homes, home renovation, light commercial, construction management, equestrian facilities and custom cabinetry
The Palombo Group
Robert W. Palombo Owner amcclinton@thepalombogroup.com 2001
Construction management for commercial and residential, general contracting and designing and building
Peak Construction Co.
Bill Metzger President info@peakconstruction.biz 1994
Home remodeling and general contractor for residential and commercial projects
Nick Piazza, president, and John Piazza, vice president stef@piazzabrothers.com 1982
New construction and renovation for commercial and residential projects
Alan Briskman President alan@ptscontracting.com 2012
General contracting and construction management firm providing services for offices, retail, health care facilities and multifamily conversions
Rocco J. Esposito Owner resposito@rocmar.net 1967
General contractor specializing in commercial drywall and carpentry
Pete Berman CEO info@rubycs.com 2002
Project management, general contracting and consulting services for developers, owners, landlords, tenants and investors active in residential and commercial real estate
Jim Scully Jr., Brian A. Keating Principals jim@scullycorp.com 1972
General contracting, value engineering, preliminary project budgets, project administration and cost analysis and commissioning
Paul Hewins President and CEO, Skanska USA Building Inc. 2000
Construction management, design and building, public-private partnerships and general contracting
Storm King Group Inc.
Brendan P. Darrow President brendan.darrow@skgi.net 1980
General construction, construction management and designing and building, with specialties, including concrete, masonry/stone, carpentry and ceramic tile
Sunrise Building & Remodeling Inc.
Eric Messer President sales@sunrisebuilding.com 1986
Residential construction, including additions and renovations, in-house carpentry, cabinet installation, framing, interior and exterior trim work, siding, sheetrock and tile
Thalle Industries
Glenn Pacchiana President 1985
Virgin and recycled aggregate and asphalt products, brownfield fill
Alan R. Zuckerman President and CEO azuckerman@verticon.net 1993
General contracting, consulting, planning, designing and building
Edward W. Kelly Owner wakelly@wakellyco.com 1932
Construction management, general contracting, pre-engineered metal buildings, turnkey packages
Murphy Brothers Contracting Inc. 416 Waverly Ave., Mamaroneck 10543 777-5777 • murphybrothers.com
6030 Route 82, Stanfordville 12581 845-868-1239 • thepalombogroup.com
164 Old Route 9, Fishkill 12524 • 845-896-5496 282 Katonah Ave., Katonah 10536 • 277-7300 peakconstruction.biz
Piazza Inc.
3 W. Stevens Ave., Hawthorne 10532 741-4435 • piazzaincconstruction.com
PTS Contracting
75 Virginia Road, White Plains 10603 290-4166 • ptscontracting.com
Roc Mar Contracting Corp. 8 Sunset Place, Hawthorne 10532 747-7685 • N/A
The Ruby Group
330 Route 17A, Goshen 10924 845-651-3800 • rubygrp.com
Scully Construction LLC
141 Lafayette Ave., North White Plains 10603 682-8088 • scullycorp.com
Skanska USA Building ** 350 Fifth Ave., New York, N.Y. 10118 917-438-4500 • usa.skanska.com
720 Neelytown Road, Montgomery 12549 845-457-5552 • skgi.net
510 N. State Road, Briarcliff Manor 10510 762-8453 • sunrisebuilding.com
51 Route 100, Briarcliff Manor 10510 762-3415 • thalleindustries.com
24 Gilbert Street Extension, Monroe 10950 845-774-8500 • verticon.net
87 Bedford Road, Katonah 10536 232-3191 • wakellyco.com
This list is a sampling of construction companies that serve the region. If you would like to include your company in our next list, please contact Peter Katz at pkatz@westfairinc.com. N/A = Not available. * Located in New York City but serves metropolitan area. ** International parent organization, regional offices in many U.S. cities.
REAL ESTATE
Top local executive(s) Email address Year company established
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
The Builders Institute of Westchester Since its founding in 1946, the Builders Institute continues its advocacy as the largest independent trade association serving the building and realty industry throughout the Hudson Valley Region.
Staff, clockwise from left to right: Albert Annunziata, Executive Director; Jeff Hanley, Associate Executive Director; Margie Telesco, Office Manager; Jane Gill, Comptroller; Maggie Collins, Director of Membership
The Builders Institute Team, Working and Advocating for You!
80 Business Park Drive, Suite 309, Armonk, NY 10504
REAL ESTATE
S9
914-273-0730
www.buildersinstitute.org
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
COMMERCIAL REAL ESTATE FIRMS – Fairfield County Ranked by number of licensed agents and/or brokers.
860 N. Main Street Extension, Wallingford 06492 860-571-6909 • bhhsNEproperties.com • bhhsWestchester.com
Services (include, but are not limited to)
office
retail
Properties offered multifamily
Licensed Towns and cities served agents and/or brokers
land
1
Berkshire Hathaway HomeServices New England and Westchester Properties
Top local executive(s) Email address Year established
industrial
Name Address Area code: 203, unless otherwise noted Website
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Candace Adams BrendaMaher@bhhsne.com 1998
1,800
Westchester County and New England
Jeffrey H. Newman jnewman@empirestaterealtytrust.com 1934
100+
Fairfield and Westchester Accounting, construction, leasing and marketing, legal counties and and property management New York City
Jim Fagan, market leader and senior managing director jim.fagan@cushwake.com 1917
35
Fairfield and Westchester Agency leasing, tenant representation, valuation and counties and nationwide advisory, capital markets, consulting and asset services
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30
Fairfield and Westchester counties
Asset services, capital markets, valuation and advisory services and project management
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Specializes in new homes and land services; also provides investment services
2
Empire State Realty Trust
3
Cushman & Wakefield
4
CBRE
5
Pyramid Real Estate Group
Michael Gray, Peter Gray info@pyramidregroup.com 1972
22
Lower Fairfield County
Consulting, leasing, property management and sales
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6
Newmark Grubb Knight Frank
James Ritman, executive vice president and managing director jritman@ngkf.com 1929
20
Fairfield, New Haven and Hartford counties
Tenant and landlord representation, property management, debt placement and global corporate services
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7
Colliers International
Jeffrey Williams, Ernest DeLucia, Michael Gordon 2009
18
International
Occupier, owner, investor services plus knowledge in specialized industries and product types such as law, technical facilities and health care
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8
Rakow Commercial Realty Group Inc.
David Richman, commercial real estate broker, president and CEO and Rick Rakow, chairman David@RakowGroup.com 1985
12
Fairfield and Westchester Representing tenants, buyers, landlords, sellers and counties and beyond investors
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9
RHYS
Cory R. Gubner cgubner@rhysre.com 2009
11
Connecticut, New Jersey, Agency leasing, investment sales, tenant representation, New York and ✔ retail planning and consulting Rhode Island
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Todd E. Payne, Joseph Wrinn, Mario Longobucco, Garett Palmer, Ernie Badillo and Brian Donahue lzezza@goodfellows.com 1934
10
Connecticut state and Westchester County
Commercial sales, commercial leases and tenant representation
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Avison Young
Sean Cahil sean.cahill@avisonyoung.com 1978
8
Fairfield and Westchester counties
Leasing and sales, appraisal, property management and consulting
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The Southpoint Group LLC
David A. Flayhan dflayhan@thesouthpointgroup.com 2011
8
Fairfield, New Haven and Westchester counties
Firm also has an in-house commercial mortgage brokerage division
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HK Group
Matthew F. Keefe, president nricchetti@hkgrp.com 1989
7
Westchester and Fairfield counties
Selling, leasing and investment sales
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7
Fairfield and New Haven counties
Acquisition, disposition, tenant representation, landlord representation and consulting
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6
Fairfield, New Haven and Westchester counties
Commercial sales and leases, tenant representation, residential division
6
New York and New England
Representation for tenants, landlords, developers and investors; retail advisory services
Connecticut, New York and New Jersey, and national markets for select clients
Representation for retailers and property owners, real estate consulting, serves commercial development properties
10 11
Metro Center, 1 Station Place, Stamford 06902 353-5200 • empirestaterealtytrust.com
4 Stamford Plaza, Eighth floor, Stamford 06902 326-5800 • cushmanwakefield.com
201 Tresser Blvd., Suite 201, Stamford 06901 329-7900 • cbre.us/o/stamford/
20 Summer St., Suite 3-1, Stamford 06901 348-8566 • pyramidregroup.com
680 Washington Blvd., Eighth floor, Stamford 06901 531-3600 • ngkf.com
1055 Washington Blvd., Eighth floor, Stamford 06901 324-0800 • colliers.com
6 Landmark Square, Fourth floor, Stamford 06901 359-5703, ext. 13 • rakowgroup.com
9 W. Broad St., Third, floor, Stamford 06902 274-9800 • rhysre.com
Coldwell Banker Commercial NRT (Formerly Goodfellow Real Estate) 7 Old Sherman Turnpike, Suite 207, Danbury 06810 744-7025 • goodfellows.com
MerrittView, 383 Main Ave., Sixth floor, Norwalk 06851 614-1260 • avisonyoung.com
1 Selleck St., Third floor, Norwalk, 06855 307-0785 • thesouthpointgroup.com
12
253 Riverside Ave., Westport 06880 454-8700 • hkgrp.com
Angel Commercial LLC
2425 Post Road, Suite 303, Southport 06890 335-6600 • angelcommercial.com
13
DVB Commercial Realty LLC 16 River St., Norwalk 06850 855-8050 • dvbrealty.com
Saugatuck Commercial Real Estate LLC 9 Burr Road, Westport 06880 222-4190 • saugatuckcommercial.com
REAL ESTATE TRUE Commercial Real Estate 300 Danbury Road, Suite 308, Wilton 06897 744-7777 • truecre.com
Robert Caruso robert.caruso@cbre.com 1906
Jon Angel, Brett A. Sherman, Lester Fradkoff, Ron Agabadian, Jacqueline Greenwood jangel@angelcommercial.com 2000 Robert J. Virgulak John Zervos dvbre@optonline.net 1992
Penny P. Wickey, Daniel Neaton, Laure Aubuchon and Michael Marcante pwickey@saugatuckcommercial.com 2004 Dominick Musilli, managing partner, and Adam Zeiberg, partner sb@truecre.com 2014
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019 ✔
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CUDDY & FEDER LLP A DIVERSE AND TIGHT-KNIT TEAM OF ATTORNEYS Bob Feder and Bill Cuddy founded Cuddy & Feder more than 45 years ago and set up shop in a house on Maple Avenue in White Plains, a welcoming neighborhood law office to meet clients. Over the years, the fi rm increased in size and like any family, outgrew the house it had originally started in. But despite its size, downtown address and expansion in the Hudson Valley and Connecticut, the warm, welcoming feel of the fi rm remains the same.
B
IN EACH TRANSACTION, WE PAY DETAILED ATTENTION TO THE ALLOCATION OF RISKS, RIGHTS AND OBLIGATIONS OF ALL PARTIES TO ENSURE A FAVORABLE OUTCOME.
Our fi rm was founded on the strengths of our real estate practice. From housing, mixed-use developments, shopping centers and office buildings to parks and affordable housing projects, we have played a key role in shaping the real estate landscape throughout Westchester, Fairfield, Long Island and the Hudson Valley. We have also successfully represented clients in real estate transactions both nationally and globally. Our Commercial Real Estate lawyers work collaboratively and creatively with a diverse set of clients — investment institutions, developers, entrepreneurs, landlords, home builders, lenders, borrowers, manufacturers, commercial and not-for-profit organizations, public-private partnerships and governmental entities — to negotiate and successfully close complex transactions. In each transaction, we pay detailed attention to the allocation of risks, rights and obligations of all par-
REAL ESTATE
ties to ensure a favorable outcome. We are also committed to providing our clients with a range of strategies in support of their real estate objectives. As needed, we rely on the bench strength of our fi rm’s corporate, bond fi nancing, environmental, land use and litigation attorneys to ensure our clients get the most out of their real estate endeavors and relationship with our fi rm. As a mid-sized law fi rm, our size is an invaluable asset. It makes us judicious in our hiring and our commitment to diversity and
Westchester 445 Hamilton Avenue 14th Floor White Plains, NY 10601 New York City 500 Fifth Avenue New York, NY 10110 Hudson Valley 300 Westage Business Center Fishkill, NY 12524
teamwork is truly reflected in our diverse, tight-knit team. It also offers our associates and overall staff greater exposure to sophisticated, challenging and varied work and opportunities for advancement. Cuddy & Feder attorneys are routinely recognized for their contributions to the legal arena and the community and collectively are considered thought leaders in their respective fields. We have headed bar associations, helmed influential trade organizations, published important legal and industry ar-
ticles, lectured throughout the country and regularly appear nationally and regionally as leading authorities on legal matters. As a fi rm, Cuddy & Feder is listed among U.S. News’ list of Best Law Firms. With its principal office in White Plains, its Hudson Valley office in Fishkill, and offices in New York City and Stamford, Cuddy & Feder serves clients throughout the greater New York City-metro region, Westchester, Dutchess, Putnam, Orange, Rockland, Ulster, Sullivan, Columbia and Fairfield counties.
Proudly providing legal services since 1971.
Results. Ingenuity, thoughtfulness and insight have been the hallmarks of our law firm for more than 45 years. We pride ourselves on our reputation for quality, substantive ties to community leaders, stakeholders and decision-makers and for bringing deep industry knowledge, compassion and experience to bear in service of our clients’ goals. We’re your strategic advisors, addressing not only your legal needs but your business and personal ones as well.
Connecticut 733 Summer Street Stamford, CT 06901
T 914 761 1300 F 914 761 5372 cuddyfeder.com
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
12
1 Selleck St., Third floor, Norwalk, 06855 307-0785 • thesouthpointgroup.com
dflayhan@thesouthpointgroup.com 2011
HK Group
Matthew F. Keefe, president nricchetti@hkgrp.com 1989
253 Riverside Ave., Westport 06880 454-8700 • hkgrp.com
Angel Commercial LLC
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Fairfield, New Haven and Westchester counties
Commercial sales and leases, tenant representation, residential division
Penny P. Wickey, Daniel Neaton, Laure Aubuchon and Michael Marcante pwickey@saugatuckcommercial.com 2004
6
New York and New England
Representation for tenants, landlords, developers and investors; retail advisory services
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Dominick Musilli, managing partner, and Adam Zeiberg, partner sb@truecre.com 2014
6
Connecticut, New York and New Jersey, and national markets for select clients
Representation for retailers and property owners, real estate consulting, serves commercial development properties
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Choyce Peterson Inc.
John P. Hannigan and Alan R. Peterson jhannigan@choycepeterson.com 1997
5
Fairfield and Westchester Tenant representation, investment sales counties and beyond and landlord representation
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Colonial Realty
David S. Gorbach and Joel Hausman info@colonialrealty.net 1954
5
Fairfield and New Haven Counties
Office, industrial, retail and tenant representation and investment
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Peter Hastings, Christopher Maglione cmaglione@johndhastings.com 1948
5
Fairfield County
Appraisal, consulting, leasing, property management and sales
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Randy Vidal, Bruce Wettenstein, Scott Zakos, Robert Lewis, David Fugitt randy@vidalwettenstein.com 1968
5
Fairfield and New Haven counties
Office, industrial, retail, special use, sale, purchase, lease, ✔ sale-leaseback, sublease and general consultation
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Thomas Torelli 1997
4
Fairfield and Westchester counties
Management services offered through Allied Property Management LLC
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Martin Caselli Real Estate
Raymond "Ray" Martin info@martinrealestate.org 2006
4
Fairfield County
Property management, leasing, sales and consulting
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RMS Companies
Randy Salvatore inquiries@rms-companies.com 1995
4
Stamford, Norwalk, Bethel and Danbury
Consulting, leasing, property management and sales
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WFL Real Estate Services LLC
William Leopold bill@wflrealestate.com 1998
4
Fairfield, New Haven Specializes in facility management by providing on-site and Westchester counties personnel if needed
Austin McGuire REA
Nancy McGuire, David DeNardo nmcguire@austinmcguire.com 2005
3
Connecticut
Commercial brokerage, tenant and buyer representation, ✔ repositioning and alternative use studies
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John Barnes, senior vice president, managing director of suburban division 1997
3
Fairfield and Westchester counties
Leasing, property management, construction and architecture
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Jones Lang LaSalle Americas
Robert Ageloff, Don Bucci robert.ageloff@am.jll.com 1999
N/A
Fairfield County, Hudson Valley and Westchester County
Consulting, leasing, project and development services
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NAI Signature Group
Bob Gillon bgillon@signatureg.com 1970
N/A
Fairfield and New Haven counties and Westchester County
Leasing, tenant representation, property management and financing
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Joseph Cotter 1993
N/A
New York state, New Jersey and Connecticut
Leasing, sales and property management
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16 River St., Norwalk 06850 855-8050 • dvbrealty.com
300 Danbury Road, Suite 308, Wilton 06897 744-7777 • truecre.com
383 Main Ave., Norwalk 06851 356-9600 • choycepeterson.com
2 Post Road, Fairfield 06824 367-4087 • colonialrealty.net
John D. Hastings Commercial Real Estate 245 Main St., Westport 06880 226-8325 • johndhastings.com
Vidal Wettenstein LLC
719 Post Road East, Westport 06880 226-7101 • vidalwettenstein.com
Allied Property Group Inc.
116 Mason St., Second floor, Greenwich 06830 661-5800 • alliedpropertygp.com
2874 Main St., Suite 2A, Stratford 06614 380-8762 • martinrealestate.org
1 Landmark Square, Stamford 06907 968-2313 • rms-companies.com
162 East Ave., Suite 1A, Norwalk 06851 604-1390 • wflrealestate.com
64 Wall St., Suite 401, Norwalk 06850 299-0101 • austinmcguire.com
Reckson
(A division of SL Green Realty Corp.) 1 Landmark Square, Stamford 06901 363-2500 • reckson.slgreen.com
Not ranked
Jon Angel, Brett A. Sherman, Lester Fradkoff, Ron Agabadian, Jacqueline Greenwood jangel@angelcommercial.com 2000 Robert J. Virgulak John Zervos dvbre@optonline.net 1992
Fairfield counties
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6
DVB Commercial Realty LLC
TRUE Commercial Real Estate
16
COMMERCIAL REAL ESTATE FIRMS – Fairfiand eld CountySelling, leasing and investment sales Westchester 7
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Acquisition, disposition, tenant representation, landlord representation and consulting
9 Burr Road, Westport 06880 222-4190 • saugatuckcommercial.com
15
brokerage division
Fairfield and New Haven counties
Saugatuck Commercial Real Estate LLC
14
Westchester counties
7
Post Road, Suite 303, Southport 06890 Continued2425 335-6600 • angelcommercial.com
13
8
100 First Stamford Place, Suite 201, Stamford 06902 705-2220 • us.joneslanglasalle.com/ct-westchester
3 Parklands Drive, Darien 06820 655-1414 • naisignaturegroup.com
National Resources
485 W. Putnam Ave., Greenwich 06830 661-0055 • nationalresources.com
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This list is a sampling of commercial real estate firms that are located in and serve the region. If you would like to include your firm in our next list, please contact Peter Katz at pkatz@westfairinc.com. N/A = Not available.
REAL ESTATE
S12
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
THE EXCHANGE at Westchester
2500 / 2700 Westchester Avenue Purchase, NY
701 / 707 / 709 / 711 / 777 Westchester Avenue White Plains, NY
Home to two of the most elite suburban campuses in Westchester County immediately off of I-287. Buildings are fully amenitized, impeccably maintained within a professional setting on beautifully landscaped grounds.
LEASING OPPORTUNITIES FROM 1,200 SF TO 75,000 SF AVAILABLE TO COMPANIES LARGE AND SMALL
For more information, contact: Brian Carcaterra | Senior Vice President CBRE | Brokerage Services T 203-352-8903 | C 914-720-1425 brian.carcaterra@cbre.com
exchangeatwestchester.com
REAL ESTATE
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
COMMERCIAL REAL ESTATE FIRMS – Westchester County
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Gavin Evans, Susan Gately and Giorgios Vlamis info@normandyrealty.com 2002
20
Westchester and Fairfield counties
Construction, development, leasing and property management
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Sarah Jones-Matturo sjonesmaturo@rmfriedland.com 1970
20
Westchester, Putnam, Bronx and Fairfield counties
Owner/landlord representation, buyer/tenant representation and investor representation
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Tony DiCamillo tdicamillo@cbcworldwide.com 1978
18
Westchester and Fairfield Counties, The Bronx and Queens
Sales and marketing of commercal, industrial, land development sites and multifamily
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James J. Houlihan, principal jjh@houlihanparnes.com 1891
17
New York, New Jersey, Connecticut and nationwide
Consulting, leasing, property management, finance and sales
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David Richman, commercial real estate broker, president and CEO and Rick Rakow, chairman David@RakowGroup.com 1985
12
Westchester, Fairfield counties and beyond
Representing tenants, buyers, landlords, sellers and investors
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J.D. Parker john.krueger@marcusmillichap.com 1971
11
New York, New Jersey, Connecticut and tristate region
Real estate investment sales and research information and advisory services
8
Westchester, Fairfield, Orange, Rockland, Dutchess and Hartford counties
Retail, office and investment sales
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8
New York and New Jersey metropolitan areas
Properties serviced include medical leasing, subleasing and user and investment sales services and corporate relocation consulting
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Jeff Kintzer, David Landes info@royalpropertiesinc.com 1993
7
New York, New Jersey and Connecticut
Consulting, leasing, property management and sales
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Jonathan Gordon jgordon@admiralrealestate.com 1997
6
New York metropolitan area
Tenant representation, agency leasing and investment sales
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Andrew M. Greenspan and James J. Houlihan andy@ghpoffice.com 1999
6
New York, New Jersey, Connecticut and nationwide
Construction management, leasing, property management and sales; firm also handles flex warehouse for properties serviced
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James J. Houlihan and James K. Coleman jjh@houlihanparnes.com jcoleman@HPRealEstate.com 1999
6
Westchester, Orange and Dutchess counties, the five boroughs and New Jersey
Property management, brokerage, co-op sales and private financing
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Choyce Peterson Inc.
John Hannigan jhannigan@choycepeterson.com 1997
5
Fairfield and Westchester counties
Specializing in tenant representation
McCarthy Associates
170 Hamilton Ave., White Plains 10601 948-8900 • mcoc.com
John R. McCarthy john@mcoc.com 1990
5
Fairfield and Westchester counties and selected nationwide national markets
Consulting, office leasing and sales
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Newmark Grubb Knight Frank
Glenn Walsh
5
Westchester County
Perlmutter Properties Inc.
David Perlmutter david@perlmutterproperties.com 1989
5
Aries Deitch & Endelson Inc.
Barry Endelson barryend@ade-re.com 1993
4
George Constantin info@heritagerealtyservices.com 2005
3
The Exchange, 701 Westchester Ave. White Plains 10604 988-1100 • normandyrealty.com
Coldwell Banker Commercial Scalzo Group 2500 Westchester Ave., Purchase 10577 787-9571 • cbcworldwide.com
6 7
Marcus & Millichap
8
Goldschmidt & Associates
4 W. Red Oak Lane, White Plains 10604 694-6070 • houlihanparnes.com
10 New King St., Suite 212, White Plains 10604 422-0100, ext. 13 • rakowgroup.com
50 Main St., Suite 925, White Plains 10606 220-9730 • marcusmillichap.com
1 Chase Road, Scarsdale 10583 723-1616 • ga-re.com
Eric Goldschmidt and Pam Bren Goldschmidt eric@ga-re.com pam@ga-re.com 1991
John Maltz, Tom Attivissimo, Ayall Schanzer, Sharone Levy, Ray Musalo 800 Westchester Ave., Suite 638, Rye Brook 10573 and Swain Winer greinermaltz@greiner-maltz.com 821-5050 • greiner-maltz.com 1953
Greiner-Maltz Realty Advisors
Royal Properties Inc.
850 Bronx River Road, Bronxville 10708 237-3400 • royalpropertiesinc.com
Admiral Real Estate Services Corp.
62 Pondfield Road, Bronxville 10708 779-8200 • admiralrealestate.com
GHP Office Realty
4 W. Red Oak Lane, Suite 200, White Plains 10604 642-9300 • ghpoffice.com
Houlihan-Parnes Properties
4 W. Red Oak Lane, Suite 200, White Plains 10604 694-4200 • hprealestate.com
800 Westchester Ave, Rye Brook 10573 422-57000 • choycepeterson.com
800 Westchester Ave., Suite 706, Rye Brook 10573 gwalsh@ngkf.com 1929 881-1024 • ngkf.com
4 W. Red Oak Lane, Suite 105, White Plains 10604 686-8900 • perlmutterproperties.com
110 S. Central Ave., Hartsdale 10530 949-2800 • ade-re.com
REALHeritage ESTATE Realty Services LLC
13
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Normandy Real Estate Partners
Rakow Commercial Realty Group
12
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33
800 Westchester Ave., Rye Brook 10573 220-4411 • houlihanlawrence.com
Houlihan-Parnes Realtors
11
Agency leasing, tenant representation, valuation and advisory, global occupier services, capital markets, investment and asset management and asset services
Westchester, Putnam, Dutchess, Office and industrial leasing, retail leasing, land Bronx, Brooklyn, Manhattan, acquisition and development, investment opportunities, Queens and Staten Island municipal approvals and affiliate services and Fairfield County
5
10
Westchester and Fairfield counties and nationwide
Properties serviced
Thomas LaPerch, Steven Salomone and Garry Klein tlaperch@hlcommercialgroup.com 2012
440 Mamaroneck Ave., Suite 405, Harrison 10528 968-8500 • rmfriedland.com
9
35
Licensed agents and/or brokers
Houlihan Lawrence Commercial Group
RM Friedland
4
multifamily
3
Jim Fagan melissa.siegel@cushwake.com 1917
Services
land
2
7 Renaissance Square, Fifth floor White Plains 10601 997-9391 • cushmanwakefield.com
Towns and cities served
industrial
1
Cushman & Wakefield
Top local executive(s) Email address Year established
retail
Name Address Area code: 914, unless otherwise noted Website
office
Ranked by number of licensed agents and/or brokers.
67 Irving Place, New York 10003 212-674-2556 • heritagerealtyservices.com
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Tenant and landlord representation, property disposition and investment services, global corporate services, debt ✔ placement and property valuation
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New York, New Jersey and Connecticut
Offers services as a sub-agent for national real estate brokerage firms; handles subleases
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Westchester, Putnam and Dutchess counties, parts of Connecticut and New Jersey
Appraisal, consulting, leasing, property management and sales
S14
Westchester County and New York City
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019 Acquisition and finance, design and construction management, property management, advisory services
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Real Estate Institute Lincoln Center • Westchester
School of Professional and Continuing Studies
Visit our campus on Westchester Avenue in West Harrison!
Make a Capital Improvement to Your Resume Master of Science in Real Estate
Professional Certificate Programs
Accepting applications for fall 2019 Express Admission Day April 27
New sessions start April 1 Online or in Manhattan
Focusing on real estate finance, investment, development, and management
• • • • • • •
• • • • •
One year of full-time study Part-time option for working professionals Convenient evening and weekend courses GMAT waiver options available Taught by top industry professionals
Real Estate Finance and Investment Real Estate Financial Modeling Construction Project Management Real Estate Development Commercial Property Management Residential Property Management One-week summer intensives starting in June
Ask about our Summer High School Real Estate Scholars Program! Starting July 8, July 15, and July 22
Graduate certificates offered in construction management, development, and real estate finance
fordham.edu/realestate • realestate@fordham.edu • 212-636-7626 REAL ESTATE
S15
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
LOCAL 825 OPERATING ENGINEERS DIG NEW YORK’S FUTURE
WE SAVE WATER
OUR MEMBERS PREVENT SPILLS AND BRING CLEAN WATER TO YOUR TAP
FROM BULLDOZERS TO CRANES, TUNNELS TO SKYSCRAPERS, ENGINEERS LOOK TO EVOLVE ALONG WITH CHANGING TECHNOLOGY ocal 825 Operating Engineers are increasing their involvement in the five New York counties they represent — Orange, Rockland, Ulster, Delaware and Sullivan — in addition to all of New Jersey. Members of the International Union of Operating Engineers Local 825 operate heavy equipment essential to large, infrastructure construction projects, such as highways, roads, bridges, buildings, tunnels, dams and pipelines. Their tools are the bulldozers, graders, backhoes, pile drivers, cranes and paving equipment typically found on major building sites. Because the IUOE also represents land surveyors, they are often the first people on a construction site and the last ones off after completion. They survey the sites, make the cuts, hoist the steel and slabs and do the final grading on the finished project. This is good news for the residents and businesses in the area, according to Local 825 Business Manager Greg Lalevee, because it ensures that critical building projects involving water, transportation and energy are built with pride, professionalism and integrity — the hallmarks that define Local 825 and its members. Having recently completed work on the Tappan Zee Bridge, many other Local 825 engineers are working 800 feet below ground for Kiewit-Shea Constructors, digging the Roundout-West Branch Bypass Tunnel of the Delaware Aqueduct, extending 2.5 miles from Newburgh to Wappinger. The bypass tunnel will replace its aged predecessor that is leaking millions of gallons of water every day, as it delivers drinking water to New York City. Progressing at a rate of 5.5-feet per day, the tunnel is expected to be completed in late 2022. Then, the existing aqueduct will be taken out of service and emptied. The bypass
L
Our members share concerns for conservation. It bothers us that up to 130 million gallons of New Jersey’s drinking water are wasted every day due to aging underground pipes.
WE PROMOTE CONSERVATION. Local 825 Operating Engineers are trained to install water infrastructure efficiently and without impacting the environment. In New York, we are part of a team that will save 138 million gallons of drinking water every day, delivering clean water to millions of homes throughout the region. We believe in conservation and renewal that will only come with a commitment to infrastructure upgrades, before a serious or prolonged water shortage forces us to act.
ON TIME. ON BUDGET. ON TARGET. Developers and contractors turn to Local 825 Operating Engineers to get big things done safely, on time and on budget. Our members are experienced, licensed, credentialed and ready to work, day one.
International Union of Operating Engineers
LOCAL 825
Greg Lalevee, Business Manager
BETTER BUILDING BEGINS HERE WWW.IUOE825.ORG
825_We_Save_Water_7_375x11_5.indd 1
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
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The new training complex at 96 Bates Gates Road, New Hampton, is now training apprentices, journeymen and women operating engineers of IUOE Local 825.
tunnel will be connected on both ends to the aqueduct and replace the leaking section.
ADVOCATE FOR DEVELOPMENT Local 825 is a strong advocate for responsible development that creates good jobs for his members and tax revenue for the communities in which they are located. It founded a labor-management organization called ELEC — Engineers Labor-Employer Cooperative — to join with construction companies and contractors to promote economic opportunities. Lalevee and Local 825 President John Wood, joined “Build the Bridge Now,” an advocacy group that helped launch the Tappan Zee Bridge construction. In the years since, Local 825 and ELEC have promoted the Resorts World Catskills Casino in Sullivan County, the Legoland theme park and hotel that will open in 2020 in Goshen, and the Route 17 expansion project to help accommodate the growth expected to result from these projects.
IMPORTANCE OF TRAINING Training is another hallmark of Local 825. Few organizations invest as much in training their workers as Local 825. Its main training center in Dayton, New Jersey occupies more than sixty acres along the NJ Turnpike. It trains its members on simulators and hands-on heavy equipment alike. In September 2017, Local 825 opened its newest training center and district office on Bates Gates Road in New Hampton, New York. The new center replaced former facilities in Middletown. This new state-of-the-art training center houses modern classrooms, garages to house the heavy equipment and to train mechanics and plenty of acreage to provide hands-on learning on all types of machinery. The center also hosts a district office for local business agents and dispatchers.
REAL ESTATE
This winter, the new center completed its first winter classes for members who live in the five-county New York region. Because many construction projects slow down during winter months, the season offers the best time to train because it doesn’t interfere with work opportunities.
COLLEGE BOUND Local 825 is also taking steps to ensure its members will not only have access to the besttraining but that they will also learn and stay ahead of the latest technology, such as robotics and artificial intelligence. “Almost all the jobs of the future will require people to master technology,” Lalevee said. Local 825 has taken an unprecedented step to convert its training centers in New York and New Jersey into accredited technical college with the ability to offer associate degrees in applied sciences. The New Jersey Department of Education is reviewing the Local’s application to convert the New Jersey Training Center into a twoyear technical college. They are awaiting their second audit by the Council on Occupational Education in May. A favorable response would trigger submission of an application to the state of New York for the New Hampton site. Lalevee remembers how the early introduction of robotics caught the United Automobile Workers by surprise and he is determined not to share that same fate. The nonprofit think tank Information Technology & Innovation Foundation recently predicted that the next wave of innovation involving construction and heavy equipment “… will likely … make it essential that states and the federal government do a better job of equipping workers with the support, tools and skills they need to navigate a more turbulent labor market.” “We don’t want to be in a position like that as technology creeps into our industry,” Lalevee said. “We have to be prepared. And we will be.”
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
10
62 Pondfield Road, Bronxville 10708 779-8200 • admiralrealestate.com
GHP Office Realty
4 W. Red Oak Lane, Suite 200, White Plains 10604 642-9300 • ghpoffice.com
and investment sales
1997
Construction management, leasing, COMMERCIAL REAL ESTATE FIRMS –New Westchester County New York, Jersey, 6 property management and sales; firm also handles
Andrew M. Greenspan and James J. Houlihan andy@ghpoffice.com 1999
Connecticut and nationwide
flex warehouse for properties serviced
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James J. Houlihan and James K. Coleman jjh@houlihanparnes.com jcoleman@HPRealEstate.com 1999
6
Westchester, Orange and Dutchess counties, the five boroughs and New Jersey
Property management, brokerage, co-op sales and private financing
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Choyce Peterson Inc.
John Hannigan jhannigan@choycepeterson.com 1997
5
Fairfield and Westchester counties
Specializing in tenant representation
✔
McCarthy Associates
170 Hamilton Ave., White Plains 10601 948-8900 • mcoc.com
John R. McCarthy john@mcoc.com 1990
5
Fairfield and Westchester counties and selected nationwide national markets
Consulting, office leasing and sales
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Newmark Grubb Knight Frank
Glenn Walsh
5
Westchester County
Perlmutter Properties Inc.
David Perlmutter david@perlmutterproperties.com 1989
5
12
Aries Deitch & Endelson Inc.
Barry Endelson barryend@ade-re.com 1993
13
Heritage Realty Services LLC
Houlihan-Parnes Properties
4 W. Red Oak Lane, Suite 200, White Plains 10604 694-4200 • hprealestate.com
Continued
11
800 Westchester Ave, Rye Brook 10573 422-57000 • choycepeterson.com
110 S. Central Ave., Hartsdale 10530 949-2800 • ade-re.com
67 Irving Place, New York 10003 212-674-2556 • heritagerealtyservices.com
Reckson
(A division of SL Green Realty Corp.) 4 International Drive, Suite 110, Rye Brook 10573 750-7200 • slgreen.com
14
Austin Corporate Properties Inc. 31 Bonwit Road, Rye Brook 10573 690-0020
Harbour Commercial Real Estate Inc.
80 Business Park Drive Suite 102, Armonk 10504 946-1616 • harbourcr.com
15
Alan Zuckerman Real Estate
4 W. Red Oak Lane, Suite 105, White Plains 10604 755-4184 • zuckermanre.com
Diamond Properties
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Tenant and landlord representation, property disposition and investment services, global corporate services, debt ✔ placement and property valuation
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New York, New Jersey and Connecticut
Offers services as a sub-agent for national real estate brokerage firms; handles subleases
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4
Westchester, Putnam and Dutchess counties, parts of Connecticut and New Jersey
Appraisal, consulting, leasing, property management and sales
George Constantin info@heritagerealtyservices.com 2005
3
Westchester County and New York City
Acquisition and finance, design and construction management, property management, advisory services
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John Barnes, senior vice president, managing director of suburban division 1997
3
Westchester and Fairfield counties
Leasing, property management, construction and architecture
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Carl Austin caustin@austincorpprop.com 1971
2
Westchester, Dutchess and Rockland counties, New Haven and Fairfield counties
Corporate relocation consulting, property representation and sales
✔
Ken Harbour, Paul Kramer ken@Harbourcr.com 1990
2
Westchester County
Quality boutique commercial firm with focus on leasing and user, developer and investment sales
✔
Alan Zuckerman 2013
1
New York tristate area
Commercial real estate specialist
1
New York, Connecticut and Ohio
1
1
Jim Diamond
333 N. Bedford Road, Suite 145, Mount Kisco 10549 info@diamondproperties.com 1993 773-6249 • dpmgt.com
Howard Properties Ltd.
Howard E. Greenberg 3 Barker Ave., Fourth floor, White Plains 10601 howard@howprop.com 1998 997-0300 • howprop.com
Laurence London & Co. LLC 333 Westchester Ave., White Plains 10604 922-2323 • londonllc.com
Princeton Realty
Laurence London laurence@londonllc.com 2013
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Property management, market repositioning and capital upgrades
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Westchester, throughout the United States and international
Tenant and landlord representation, real estate strategy and consulting services
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Westchester, Dutchess and Putnam counties, lower Fairfield County, Long Island, Manhattan and the boroughs
Tenant and landlord representation
✔
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Todd Albright 2000
N/A
New York metropolitan area
Headquarters relocation, tenant representation, warehousing, lease structuring, property management
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Rand Commercial Services
Paul Adler pauladler@randcommercial.com 1980
59
Westchester, Rockland and Orange counties and New Jersey
Expertise in commercial real estate development, land sales, condo conversion, investment and corporate relocation
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Robert Martin Company LLC
Robert F. Weinberg dwall@rmcdev.com 1957
N/A
Westchester County
Acquiring, developing and managing investment properties
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Silverman Realty Group Inc.
Leon Silverman info@silvermanrealty.com 1985
N/A
New York, Connecticut, New Jersey, Pennsylvania and Massachusetts
Property management and leasing services
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75 Virginia Road, Second floor, White Plains 10603 747-5000 • princetonrealtygroup.com
Not ranked
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800 Westchester Ave., Suite 706, Rye Brook 10573 gwalsh@ngkf.com 1929 881-1024 • ngkf.com
4 W. Red Oak Lane, Suite 105, White Plains 10604 686-8900 • perlmutterproperties.com
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268 S. Main St., Suite B, New City 10956 845-770-1205 • randcommercial.com
100 Clearbrook Road, Elmsford 10523 345-5650 • robertmartincompany.com
237 Mamaroneck Ave., White Plains 10605 683-8000 • silvermanrealty.com
This list is a sampling of commercial real estate firms that are located in and serve the region. If you would like to include your firm in our next list, please contact Peter Katz at pkatz@westfairinc.com. N/A = Not available. *Heritage has properties in Westchester, NYC and Washington, D.C.
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AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
RakowGroup.com
We have worked with David Richman and his team at Rakow Commercial Realty Group for years. From our initial office space search to subsequent lease renewals and expansions of our existing premises, we’ve always relied on Rakow Group’s expert and extensive knowledge of the local commercial real estate markets. They’ve always come through for us by putting our interests first, and by ensuring that we negotiated the most favorable lease transactions....their attention to detail is unsurpassed! The value they have added to this process for us is priceless and I will continue to call upon the Rakow Group for all of our real estate decisions. I would highly recommend their services! — Jason Turken, Esq. , Turken & Heath, LLP
Rakow Commercial Realty Group has been providing exceptional commercial real estate advice, expertise and stellar service to Westchester and Fairfield County commercial property tenants, buyers, sellers, landlords and investors for the past 33 years. For tenants and buyers of commercial real estate, the Rakow Group team is in their corner every step of the way from the initial property search through to the eventual contract signing and beyond, representing their best interests and ensuring they secure the most favorable deal terms. For commercial property owners looking to sell or lease their property, the Rakow Group team provides a unique and customized targeted marketing program, which focuses on attracting the ideal buyers and tenants in the shortest amount of time. Rakow Group Specializes in Lease Renewals, Renegotiations, Relocations, Acquisitions and dispositions of commercial property. (914) 422-0100 x 13 10 New King Street, White Plains, NY
(203) 359-5703 x13 6 Landmark Square Stamford, CT
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REAL ESTATE
S19
AN ADVERTORIAL RESOURCE GUIDE | MARCH 11, 2019
FI RST TI M E AVAI L ABLE FULL & PARTIAL FLOORS FROM 3,000– 31,718 RSF
Rare Leasing Opportunities at a Prestige Address Packed with Amenities All new outdoor amenities include basketball court, bocce ball court and outdoor seating Full-service cafeteria and executive dining Concierge service State-of-the-art fitness center with on-site trainer 140-person auditorium Executive boardroom and team room Walking distance to the White Plains transit hub + shuttle service available Enclosed covered parking within the building
For more leasing information please call: Willard Overlock, Vice President, Leasing 914.872.4729 • willard.overlock@slgreen.com
RECKSONRE
@RECKSON_RE
Larry Kwiat, Senior Vice President, Leasing 914.872.4726 • larry.kwiat@slgreen.com
@RECKSON_RE
RECKSONRE
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RECKSON.COM
CONTRIBUTING WRITER | By Norman G. Grill
Y
Following tax reform, does it pay to itemize?
ou have a choice each year when you file your income tax return: take the standard deduction or itemize your deductions. BIG CHANGES TO ITEMIZED DEDUCTIONS That choice, however, is more complicated under the Tax Cuts and Jobs Act (TCJA). By nearly doubling the standard deduction and limiting itemized deductions, the TCJA reduces or eliminates the benefits of itemizing for many people. Review your deductible expenses carefully to determine whether you’re better off itemizing or taking the standard deduction. Also consider discussing with a tax advisor strategies to maximize your deductions in the future. The TCJA makes several significant changes to itemized deductions. For tax
years 2018 through 2026, the Act suspends deductions for interest on home equity debt in certain circumstances and expands it in others. For 2018, home equity debt used for anything other than “acquisition indebtedness” isn’t deductible at all. The $100,000 cap applicable in prior years has been eliminated and, effectively, replaced with a limit of as much as $750,000. Determining whether the loan qualifies for the interest deduction depends on the specifics of the situation. The TCJA also: · Caps deductions for state and local taxes (SALT) at $10,000 per year. · Limits deductions for home mortgage interest to $750,000 of acquisition debt (down from $1 million), for debt incurred after Dec. 15, 2017 (but there’s a lot of interplay between this and
the allowable home equity debt discussed above). · Suspends the category of miscellaneous itemized deductions that exceed 2 percent of adjusted gross income (AGI) — such as unreimbursed employee expenses, investment expenses and tax preparation fees. · Permits deductions for unreimbursed medical expenses to the extent they exceed 7.5 percent of AGI (increasing to 10 percent in 2019). · Allows deductions for personal casualty losses only to the extent they’re attributable to a “federally declared disaster.” · Increases the limit on cash contributions to public charities and certain private foundations from 50 percent to 60 percent of AGI. The Act also suspends the “Pease limitation,”
which reduced otherwise allowable itemized deductions for certain high-income taxpayers. But it’s uncertain if the suspension will provide a tax benefit. TURBOCHARGING YOUR DEDUCTIONS There may be tax-planning strategies you can use to boost what you can deduct, such as “bunching” your charitable gifts. Say you’re a joint filer with $8,000 in deductible mortgage interest and $15,000 in state income and property taxes. You also have $5,000 in deductible charitable gifts and no other deductible expenses. With the $10,000 limit on SALT deductions, your itemized deductions total $23,000, so you’re better off taking the $24,000 standard deduction. You can increase your deductions by donating $10,000 to charity every other year. This strategy
allows you to take $28,000 in itemized deductions in donation years and the standard deduction in the off years. Another potential strategy is to transfer real estate and other assets into one or more nongrantor trusts. If structured properly, each trust gets its own $10,000 SALT limit, which can be offset against its taxable income. But keep an eye on regulatory developments: The IRS doesn’t like workarounds that avoid the $10,000 limit, so it may issue regulations designed to thwart these strategies. TRACK YOUR EXPENSES Under the TCJA, fewer people will benefit by itemizing deductions. However, the only way to know whether it pays to itemize is to track your deductible expenses during the year — and compare that amount to
the standard deduction. Standard deductions include: • Single, $12,000. • Married filing jointly, $24,000. • Married filing separately, $12,000. • Head of household, $18,000. • Qualifying widow(er), $24,000. This column is for general information and is not intended as specific advice. Taxes can be complicated so it may be advisable to seek professional tax-preparation assistance. Norman G. Grill, CPA (N.Grill@GRILL1.com) is managing partner of Grill & Part-ners, LLC (GRILL1.com), certified public accountants and advisers to closely held companies and high-networth individuals with offices in Fairfield and Darien. He can be reached at 203-2543880.
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Angels on Call Homecare is pleased to introduce you to our incredible organization. Angels on Call is a family owned business whose mission is to provide reliable, compatible, and professional caregivers who are committed to meeting our clients’ needs. Our goal is to allow our clients to feel safe and supported in their own environment. Our team is committed to coordinating services in order to maintain the independence of your daily routines. Licensed by the New York State Department of Health, we offer the following medical services: HHA/PCA • Assist with Personal Care • Shower, Dressing, ETC. • Light Housekeeping • Medication Reminders • Meal Preparation • Transportation Services
RN/LPN • Wound Care • Medication Management • Home Safety Evaluations • Private Duty Nursing
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Angels on Call is here to guide you with any of your questions or concerns. Please feel free to contact one of our Registered Nurse Case Managers to discuss your personalized care plan. Let us assist you in your time of need & enjoy the comfort of your own home with the convenience of a full-time or part-time caregiver.
845-628-2255
www.angelsoncallinc.com • 667 Stoneleigh Avenue, Bldg A, Suite 302, Carmel NY 10512 Licensed by NYS Dept. of Health
MONTANO WOOD CARE CORP. IS HONORED TO RECEIVE
THE 2019 FAMILY-OWNED BUSINESS OF THE YEAR AWARD CONGRATULATIONS TO ALL THE HONOREES BEST WISHES FROM SONIA & WILFREDO MONTANO Montano Wood Care Corp. Defining the Art of Fine Wood & Metal Restoration Refinishing & Maintenance We are proud to work with the finest Property Managers, Commercial & Residential buildings. Entrust your fine Architectural woodwork, refurbishing, front entrance doors, elevator cabs, lobbies and furniture with Montano Wood Care. Providing over 25 years of the highest-quality artistic service throughout the New York Metropolitan & Westchester area. 242A Lake Avenue, Yonkers, NY 10701 Call: 914.488.5400 · Fax: 914-488-5402 restoration@montanowood.com montanowood.com Please visit our NEW & IMPROVED website, Instagram & Facebook.
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MARCH 11, 2019
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Our Team
CONTRIBUTING WRITER | By Norman G. Grill
Traditional or Roth, which IRA is right for you?
W
hen introduced in 1975 individual retirement accounts (IRAs) were the first government-sponsored, tax-advantaged tool designed to help people save for retirement. More than 40 years later, IRAs remain one of the most popular retirement savings vehicles in America. While many people contribute to employer-sponsored 401(k) plans, IRAs can also be beneficial, especially for those who don’t have access to an employer 401(k) or other retirement plan. You have until April 15, 2019, to make an IRA contribution for tax year 2018. Should you choose a traditional IRA or a Roth IRA? It’s important to understand the differences
2019
between them to make the best choice. Or you can opt to split your contributions between the two IRA types. The maximum that can be contributed, in aggregate, is $5,500 for 2018 and $6,000 for 2019 — plus an additional $1,000 for those age 50 or older. The original (or traditional) IRA can enable retirement savers to deduct annual contributions, thus lowering current taxable income. But withdrawals, which generally begin in retirement, are taxed at ordinary-income tax rates. Some people, however, want to minimize their income tax liability later in life so they have more money to spend when retired. Effective in 1998, the Roth IRA was introduced, allow-
ne
Ow mily-
Fa
ess
sin d Bu
ing tax-free withdrawals of principal and earnings. But there’s a tradeoff: No tax deduction is allowed for Roth IRA contributions. As you weigh the traditional vs. Roth IRA decision, the first thing to determine is whether you qualify to contribute to a Roth IRA. If you’re single (or head of a household) and your modified adjusted gross income (MA-GI) is greater than $137,000 (or $203,000 if you’re married and file jointly), for 2019 you can’t contribute to a Roth IRA. If you’re single and your MAGI is between $122,000 and $137,000 (or $193,000 and $203,000 if you’re married and file jointly), you can make a reduced Roth IRA contribution. The next thing to deter-
mine is whether you qualify for a traditional IRA deduction. If you or your spouse is covered by a retirement plan at work, your deduction may be limited or eliminated, depending on your MAGI. If neither you nor your spouse is covered by a retirement plan at work, your deduction is generally allowed in full. Assuming you’re eligible for both, the decision about which type of IRA is better essentially comes down to which has more value for you: a tax deduction now or the ability to withdraw money tax-free later when you retire. If you’re in a lower tax bracket today than you might be in retirement, you may prefer to take advantage of the taxfree growth and income
offered by a Roth IRA. If you’re in a higher tax bracket today than you might be in retirement, you may prefer to take advantage of the current tax deduction offered by a traditional IRA. The withdrawal rules for traditional and Roth IRAs could impact your decision. With a few exceptions, distributions from traditional IRAs before age 59½ are included in gross income and subject to a 10 percent early withdrawal penalty. However, contributions (but not earnings) made to Roth IRAs can be withdrawn penalty- and tax-free at any age. You must begin taking required minimum distributions (RMDs) from traditional IRAs, with certain
exceptions, when you turn 70½. But there are no RMDs with Roth IRAs that you’ve created. (Different rules apply for inherited IRAs.) This column is for general information only and is not intended to be advice. There are many nuances involved in making the traditional vs. Roth IRA decision. Consider talking with your financial advisers for guidance on your specific situation. Norman G. Grill, CPA (N.Grill@GRILL1.com) is managing partner of Grill & Part-ners, LLC (GRILL1.com), certified public accountants and advisers to closely held companies and high-networth individuals with offices in Fairfield and Darien. He can be reached at 203-2543880.
! Year e h t of
Raymond Opticians Family Owned & Operated Since 1959
Now in our 3rd Generation Celebrating 60 Years of Quality Vision Care
Convenient Locations Yonkers (914) 337-3322 Jefferson Valley (914) 245-1222 Thornwood (914) 741-2121 Tarrytown (914) 631-1313 Ossining (914) 762-2800 Somers (914) 277-5656 Katonah (914) 232-2400 Mamaroneck (914) 698-2022 Larchmont (914) 834-5576 New Rochelle (914) 738-4500 White Plains (914) 328-2020 Carmel (845) 228-5800 Brewster (845) 279-2411 Mahopac (914) 621-7700 Hopewell Jct (845) 223-2010 Poughkeepsie (845) 471-3260 Pawling (845) 855-8200 Chester (845) 469-5161
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MARCH 11, 2019
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OUTSTANDING WOMEN IN BUSINESS WOMEN'S HEALTH, WEALTH AND WELLBEING LIMITED SEATING • REGISTER BEFORE TICKETS SELL OUT! REGISTER AT westfaironline.com/events-2019/ April 4 • 11:30 a.m. - 1 p.m. • The Castle Hotel & Spa, Tarrytown Buffet lunch included. Enter to win exciting raffle prizes offered by Canyon Ranch and Courtyard Travel. For event information, contact: Tracey Vitale at tvitale@westfairinc.com. For sponsorship inquiries, contact: Marcia Pflug at mpflug@wfpromote.com or 203-733-4545.
PARTNERING SPONSOR: PRESENTED BY:
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MARCH 11, 2019
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SUPPORTERS:
ENTREPRENEURS, INNOVATORS AND LEADERS PROVIDING EXPERTISE TO WOMEN. Join us to get empowered and equipped with valuable life tools via case studies from the professionals in health care, wealth management and the fashion industry.
MARRIA POOYA
Greenwich Med Spa Managing Partner Marria Pooya has grown the Greenwich Medical Spa from a two-person operation founded in 2005 to employ more than 23 staff members. The company treats 18,000+ satisfied customers and has earned accolades, such as being one of the Top 1% of Botox and fillers providers in the country, and the Top Provider of CoolSculpting in Connecticut. Under Pooya’s direction, Greenwich Medical Spa has developed a private label skincare line, ArieedMD, as well as the hair growth formulation, Re:Activate. Pooya looks to the future and plans to expand the practice into additional locations and other states.
AVIDEH SAFAEI
J.P. Morgan Securities Executive Director Avideh (Avi) Safaei is an Executive Director and Financial Advisor at J.P. Morgan Securities, a wealth management division of J.P. Morgan. With over fifteen years of experience in the financial-services industry, she serves high-net-worth individuals, affluent families and corporate executives. Avi takes a family office approach to her client relationships – coordinating with their CPAs, attorneys and tax advisors – to provide comprehensive wealth and portfolio management services and forge longterm relationships. In 2018, Avi was recognized by Forbes as one of America’s Top Next-Gen Wealth Advisors and a Top Wealth Advisor by Working Mother magazine.
HANNIE SIO-STELLAKIS
Neiman Marcus Westchester Public Relations Manager Hannie Sio-Stellakis, in her role as PR Manager at Neiman Marcus, knows about showcasing trends on how to create your personal brand and image in every setting, from desk to dinner to casual to vacation. Plus, Lafayette 148 from Neiman Marcus will show you how to embrace your vision and incorporate it.
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MARCH 11, 2019
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GOOD THINGS NEW PARTNER AT WIGGIN AND DANA Carolyn Reers has joined Wiggin and Dana as a private client services partner in the firm’s Greenwich and New York offices. Reers has more than 25 years experience representing and servicing affluent individuals, their closely held companies and family offices with a focus on international estate and tax planning. “We are thrilled to grow the private client services practice with the addition of Carolyn, who is an exceptional lawyer and well regarded in her field,” said Len Leader, chair of the Wiggin and Dana Private Client Services Department. “We have a large, sophisticated practice throughout Connecticut, New York and Florida and her arrival enhances our ability to deliver the best possible legal services to our clients.” Prior to joining Wiggin and Dana, Reers was a partner at a leading international law firm, where she was integral in all aspects of trust and estate planning and administration. She was also responsible for the creation and management of public charities and private foundations. Previously, she was managing director at J.P. Morgan Private Bank, where she was primarily a wealth advisor for affluent clients and family offices. “Carolyn is a leading private client services attorney with a national and international reputation and an impressive client base. It’s with great enthusiasm that we welcome her to the firm,” said Wiggin and Dana’s Managing Partner Paul Hughes. Reers graduated from Boston College, summa cum laude, and earned her J.D. from Georgetown University.
GLOBAL PET EXPO 2019 TO HONOR FAMED VET The American Pet Products Association (APPA) based in Stamford and the Pet Industry Distributors Association (PIDA) based in Maryland have announced Dr. Evan Antin, famed veterinarian, as the 2019 recipient of Global Pet Expo’s annual Excellence in Journalism and Outstanding Contributions to the Pet Industry Award. Antin is Instagram’s most-followed veterinarian with more than 1 million followers. He went viral after being featured in People magazine’s “Sexiest Man Alive” issue in 2014, and again in 2017. Taking his newfound fame as an opportunity to further his mission of helping animals, Antin has appeared on national TV and travels to countries across the world saving the lives of animals. Antin will accept the award on Thursday, March 21, in Orlando, Florida. This event is held in conjunction with Global Pet Expo, the largest annual pet products trade show in the world, taking place March 20 to 22 at the Orange County Convention Center in Orlando.
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NEW CANAAN HIGH SCHOOL CHOIR TO PERFORM AT CARNEGIE HALL
Darlene Pianka
DIRECTOR OF HUMAN RESOURCES APPOINTED
The New Canaan High School Concert Choir.
Members of the New Canaan High School Concert Choir and Madrigal Ensemble have been selected to perform “The Music of Eric Whitacre” in the Distinguished Concerts International New York (DCINY) Concert Series in New York City. They will perform at 8:30 p.m. on Sunday, April 28, in the Isaac Stern Auditorium at Carnegie Hall under the baton of Grammy-award winning composer and conductor Eric Whitacre. The NCHS Concert Choir and Madrigal
Ensemble will also be joining an auditioned chorus from around the world to rehearse and perform with Whitacre, who will serve as clinician for the three-day residency presented by DCINY. Whitacre and the Los Angeles Master Chorale are premiering his new work, “The Sacred Veil,” this month in Los Angeles, from which the NCHS Choir will perform the piece “Home” at Carnegie Hall with him for the first time since its international premiere.
The public is invited to join the New Canaan High School Concert Choir and Madrigal Ensemble at Carnegie Hall for this historic concert experience. Tickets are on sale through the Carnegie Hall Box office: Carnegiecharge — 212-247-7800 and online at www.carnegiehall.org. By using the NCHS code CAN30825 when purchasing tickets, the NCHS Choral Program receives a percentage of the cost to defray travel and performance expenses.
MARITIME AQUARIUM RECEIVES GRANT FROM NEWMAN’S OWN FOUNDATION The Maritime Aquarium at Norwalk has been awarded a $50,000 grant from Newman’s Own Foundation, the independent foundation created by the late actor and philanthropist Paul Newman. The gift will help support The Maritime Aquarium’s educational programming for thousands of children in the tri-state area. The funds could be used toward educational materials and also toward financial aid for schools seeking to connect their students with the aquarium. “We are very grateful for the generous support of Newman’s Own Foundation — in this gift and many others over the years,” said Alicia Wettenstein, the aquarium’s director of development. “This latest grant will help The Maritime Aquarium remain a vital resource for environmental education, especially where the need is the greatest but the resources are the fewest.” Newman’s Own Foundation uses all net profits and royalties from the sale of Newman’s Own food and beverage products for charitable purposes. Since 1982, Paul Newman and Newman’s Own Foundation have donated more than $540 million to thousands of charities around the world. The Maritime Aquarium is a not-for-profit organization whose mission is to educate visitors about — and to create stewards for — Long Island Sound. It accomplishes this by allowing visitors to get close to some 300 species native to the Sound and its watershed, including sharks, seals, sea turtles, river otters, jellyfish and other animals.
A $50,000 grant from Newman’s Own Foundation will support the educational programming at The Maritime Aquarium in Norwalk. Photo courtesy Maritime Aquarium.
Dr. Bryan Luizzi, New Canaan Public Schools (NCPS) superintendent, has announced the appointment of Darlene Pianka as the new director of human resources (HR) replacing Gary Kass who is retiring after 44 years as an educator and seven years as NCPS HR director. Pianka is currently NCPS assistant superintendent of pupil and family services — a position she has held for the past 13 years — and is a member of the NCPS cabinet. A s a district-level administrator with a thorough understanding of district recruitment, interviewing and hiring processes and the latest HR technology systems, Pianka has hiring oversight of all special education, clinical and related services staff in the district and participates in every administrative screening, interview and hire in the district. As a cabinet member, she is involved in various personnel issues and brings a comprehensive understanding of all other functions of the NCPS HR department to her new position. Pianka served as an assistant principal for New Canaan High School from 2002-2006. Previously, she was acting assistant principal at Darien High School. She’s been a special education teacher at the high school, middle school and elementary school levels.
Information for these features has been submitted by the subjects or their delegates.
THREE NEW MEMBERS FOR STAMFORD HEALTH BOARD
Candace Adams
BERKSHIRE HATHAWAY HOMESERVICES CEO NAMED TO REBNY BOARD Berkshire Hathaway HomeServices New England, New York and Westchester Properties has announced that CEO and President Candace Adams has been named to the board of directors and ethics committee for the Real Estate Board of New York’s (REBNY) Residential Brokerage Division. Adams will join REBNY leadership in charting the association’s activities and policies in close and continuous consultation with elected committees and consult on REBNY’s positions and actions on issues concerning the residential real estate industry. As CEO and president, Adams is responsible for overseeing the brand’s operations and 1,800 agents across Connecticut, Massachusetts, New York and Rhode Island. She also serves as president of the Northeast Region of HomeServices of America, the country’s second-largest residential real estate brokerage company. Over the course of her 20-year tenure at Berkshire Hathaway HomeServices, Adams has managed tremendous success and expansion both within and beyond the company’s footprint, including the acquisition of seven existing brokerages and the launch of four new offices in three years. Chief among the brand’s growth activities under Adams’ watch is the launch of Berkshire Hathaway HomeServices’ first New York City location. An accomplished and recognized real estate industry leader, Adams also serves on the board of directors of SmartMLS, which represents more than 17,000 Connecticut real estate professionals and resulted from the August 2017 merger of The Connecticut Multiple Listing Service Inc. (CTMLS) and Greater Fairfield County CMLS (GFC CMLS). Prior to the merger, Adams had been a director on the CTMLS board for 10 years. She has been twice named among Real Estate Executive magazine’s “100 Most Influential Real Estate Executives” and has been recognized six times in Swanepoel’s “Power 200” list of the most powerful people in residential real estate. Most recently, she was selected as a 2019 RISMedia Newsmaker for her contributions to the residential real estate industry.
From left: Elizabeth Zea, Robert Eydt and Lucy Galbraith.
Stamford Health, a nonprofit independent health care system with more than 3,500 employees offering a wide range of health and wellness services, has appointed three new members to its board of directors. Elizabeth Zea is an experienced nonprofit board member currently serving as a board member and a member of the executive committees at Horizons, the New Canaan Garden Club and Alexandra’s Playground. She is the co-founder and managing partner at JUEL, a leading executive search firm and talent consultancy and agency search firm. Previously, Zea was a partner at Gilbert & Co. in New York, chief marketing officer at McCann Worldgroup
in London and senior vice president and chief of staff to the global CEO at Young & Rubicam. Robert (Bob) Eydt, a Rowayton resident since 1980 and an active leader in Fairfield County, has served on the boards of numerous local community organizations since 1986. He retired as a partner in PricewaterhouseCoopers in 2012 after more than 30 years of experience serving and advising large global Fortune 500 multinational companies, mutual funds and private equity firms on complex business transactions and accounting matters. Lucy Galbraith of Darien is co-founder and managing member of Kindred
Capital Advisors. She has an extensive background in finance and asset management and has held positions as managing director and head, North America and Latin America Loan Syndications at SBC Warburg and managing director and global head of loan syndications at Morgan Stanley, among others. In addition, Galbraith currently serves as a board member and treasurer of The Steppingstone Foundation and The Dikembe Mutombo Foundation. She has served as a member of the Board of Trustees for St. Luke’s School in New Canaan and WHA Holdings S.A., a former portfolio company of Bennett Management Corp.
FAMILY CENTERS ACHIEVES ACCREDITATION FROM THE JOINT COMMISSION Family Centers, a private, nonprofit organization offering education and services to children, adults and families in Fairfield County with more than 200 professionals and 4,000 trained volunteers, announced it has earned The Joint Commission’s Gold Seal of Approval accreditations in Ambulatory Health Care and Behavioral Health Care. Family Centers Health Care (FCHC), the agency’s Federally Qualified Health Center (FQHC) that opened in 2016, also received The Joint Commission’s Primary Care Medical Home (PCMH) Certification. The Joint Commission’s Gold Seal of Approval is a symbol of quality that reflects an organization’s commitment to meeting standards demonstrating a commitment to safe, effective and quality patient-centered care. Family Centers is accredited through November 2021. While the Joint Commission’s accreditation covers Family Centers’ programs and sites providing primary medical, dental, mental health and human services, the organization’s early care and education programs remain accred-
HOSPICE CEO TO RECEIVE UNIVERSITY AWARD Cynthia Emiry Roy, CEO of Regional Hospice and Palliative Care in Danbury, will be honored with the Macricostas Entrepreneur of the Year Award from Western Connecticut State University. The award, sponsored by the foundation of Brookfield industrialist and philanthropist Constantine “Deno” Macricostas and his wife, Marie, has been given annually since 2008 in recognition of local business leaders whose drive, intelligence and creativity lead to notable business success. Roy has dedicated her entrepreneurial career exclusively to nonprofits and is only the second honoree heading a nonprofit organization and the second woman to be recognized. The award will be presented at 11:30 a.m., March 26, at the Ethan Allen Inn in Danbury and will be open to the public. Roy’s determination to set a new standard in hospice care began in 2010, when she started lobbying state and federal representatives about reinventing Connecticut’s antiquated 1977 regulations for inpatient hospice care. Having served for more than 20 years in the industry, she was convinced that inpatient hospice care regulations could and should be improved. After years of waging this battle, Roy succeeded in setting a new “best practices” standard for the way hospice care is provided in Connecticut and across the country. In 2015, her dream of creating a specialized facility dedicated to providing comfort and dignity to patients and their families at end-of-life came to fruition, with the opening of The Center for Comfort Care and Healing, an $18 million, 36,000-square-foot, nonprofit, all-private-suite hospice facility. The center has received both state and national recognition, creating a model for inpatient hospice facilities around the country. For more and tickets to the event, call 203-837-8486 or visit https:/alumni.wcsu.edu/eoy.
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ited by the National Association for the Education of Young Children. “The Joint Commission is the gold standard when it comes to accrediting outpatient medical and behavioral health centers,” said Dennis Torres, Family Centers’ vice president of health care programs. The Joint Commission, founded in 1951, is the nation’s oldest and largest
standards-setting and accrediting body in health care. A United Way, Community Fund of Darien and New Canaan Community Foundation partner agency, Family Centers is a member of the Connecticut Council of Family Service Agencies and the Alliance for Children and Families and is accredited by the National Association for the Education of Young Children.
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Facts & Figures
Commercial
Gateway Development Group, Greenwich, contractor for Holly Hill LLC. Replace retractable canopy at 1114 E. Putnam Ave., Riverside. Estimated cost: $145,000. Filed Jan. 14.
66 Field Point Realty LLC., Greenwich, contractor for 66 Field Point Realty LLC. Commercial interior fit-out on second floor at 66 Field Point Road, Greenwich. Estimated cost: $230,000. Filed Jan. 24.
Greenwich Construction LLC., Cos Cob, contractor for Dan Munrow and Matuszewski. Renovate bathroom and bedroom on second floor at 15 Cat Rock Road, Cos Cob. Estimated cost: $15,000. Filed Jan. 16.
Auburn Landing Inc., Georgetown, contractor for Mootabar Navid and N. Perform work on unfinished basement at 14 Dwight Lane, Greenwich. Estimated cost: $97,000. Filed Jan. 17.
Horseneck Property LLC., Greenwich, contractor for Horseneck Property LLC. Renovate first floor, build second floor, finish basement, at 14 Copper Beech Road, Greenwich. Estimated cost: $475,000. Filed Jan. 14.
BUILDING PERMITS
Cava Wine Cellars LLC., Milford, contractor for John Estes. Close off room with glass wall to convert into wine cellar and add cooling to room at 130 Old Church Road, Greenwich. Estimated cost: $20,000. Filed Jan. 25. DiGiorgi Roofing & Siding, Beacon Falls, contractor for Teresa M. Ricci and John S. W. Ricci. Strip roof and re-roof 47 Lockwood Lane, Riverside. Estimated cost: $19,942. Filed Jan. 15. Francis Development LLC., Old Greenwich, contractor for Baywatch Partners. Update kitchen, new siding and windows, new electrical and two new air handlers at 43 Mianus View Terrace, Old Greenwich. Estimated cost: $180,000. Filed Jan. 25. Galazin, Joseph J., Greenwich, contractor for RT 169 GA LLC. Remove ceiling tiles and carpet at 169 Greenwich Ave, Greenwich. Estimated cost: $900. Filed Jan. 24. Garrett Wilson Builders LLC., Fairfield, contractor for Price Jason and Siri Price. Construct new single-family house at 11 Esther Place, Old Greenwich. Estimated cost: $1,200,000. Filed Jan. 15.
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. 701 Westchester Ave, Suite 100 J White Plains, N.Y. 10604-3407 Phone: 694-3600 • Fax: 694-3699
M&M Remodeling LLC., Stamford, contractor for Richard S. Montier and Tammi W. Montier. Replace window at 98 Florence Road, Riverside. Estimated cost: $5,500. Filed Jan. 16. Murphy Brothers Contracting, Mamaroneck, New York, contractor for Greenwich Country club. Perform new finishes on ceiling, construct bar area, place new doors, millwork trims at 19 Doubling Road, Greenwich. Estimated cost: $250,000. Filed Jan. 24. Parallel Construction Management, Cos Cob, contractor for Gregory T. Rogers. Install new electric louver roof system on rear bluestone patio with new brick chimney and built-in BBQ grill at 3 Rockwood Lane Spur, Greenwich. Estimated cost: $265,000. Filed Jan. 18. Ralph Longo Construction Co., Old Greenwich, contractor for House of Monty Jones Park. Demolish cottage at 40 Jones Park Drive, Old Greenwich. Estimated cost: $500. Filed Jan. 23. RSN Interiors LLC., Norwalk, contractor for Gabriela Bauma Isman. Renovate kitchen at 50 Husted Lane, Greenwich. Estimated cost: $41,000. Filed Jan. 16. RW Haggerty Pool Service Inc., Norwalk, contractor for Brian Carroll. Set a prefab fountain basin at 276 Otter Rock Drive, Greenwich. Estimated cost: $1,000. Filed Jan. 14. Sutton Land LLC., Greenwich, contractor for Sutton Land LLC. Construct interior room for new tenant at 1059 North St., Greenwich. Estimated cost: $15,000. Filed Jan. 24.
ON THE RECORD
Terry Contracting & Materials, New Haven, contractor for The Indian Harbor House. Repair and reconstruct seawall at 636 Steamboat Road, Greenwich. Estimated cost: $357,783. Filed Jan. 25. Turtleback Restoration, Monroe, contractor for Wilmington Savings Fund, Chicago, Illinois. Replace air conditioning and renovate roof and patio at 15 Carriage Road, Cos Cob. Estimated cost: $30,000. Filed Jan. 28 Vision Development LLC., Greenwich, contractor for Vision Development LLC. Build a new single-family dwelling with finished basement at 11 Turner Drive, Greenwich. Estimated cost: $1,500,000. Filed Jan. 18. Werner Construction Mgmt., Cos Cob, contractor for the town of Greenwich Board. Repair office suite, remove and replace walls, ceiling, floor and paint affected area at 184 Hamilton Ave., Greenwich. Estimated cost: $35,000. Filed Jan. 25. Westchester Electrical Systems, Greenwich, contractor for 500 West Putnam LLC. Build first and second floors for a new hospital tenant at 500 W. Putnam Ave., Greenwich. Estimated cost: $750,000. Filed Jan. 15.
Residential Belmont-Cheung, Otilia, Riverside, contractor for Otilia Belmont-Cheung. Renovate master bathroom and mudroom and update bathrooms at 19 Stoney Ridge Lane, Riverside. Estimated cost: $75,000. Filed Jan. 14. A W Construction LLC, Norwalk, contractor for David E. Sternberg. Relocate nonbearing wall, install new double window, renovate office and family room at 530 Conemaugh Road, Cos Cob. Estimated cost: $20,000. Filed Jan. 22. Banks, Michael and Albina Banks, Old Greenwich. contractor for Michael Banks. Upgrade mixed-use building at 4 Armonk St., Greenwich. Estimated cost: $500,000. Filed Jan. 18. Casolo, Louis, Old Greenwich. contractor for Louis Casolo. Select demolition only at 6 North St., Old Greenwich. Estimated cost: $5,000. Filed Jan. 24. Classic Roofing Inc., Newtown, contractor for Lee Thoi and Kim Lim. Re-roof 23 Amherst Road, Riverside. Estimated cost: $14,050. Filed Jan. 28.
Duffy Construction Inc., Stamford, contractor for Russell E. Burke. Remodel kitchen, two bathrooms, replace carpet with prefinished laminate while maintaining all required fire resistance at 15 River Road, Unit 222, Cos Cob. Estimated cost: $75,000. Filed Jan. 25. Friedberg, Daniel M. and Lynn W. Friedberg, Old Greenwich. contractor for Daniel M. Friedberg. Construct in-ground swimming pool, spa and required safety barrier at 20 Ballwood Road, Old Greenwich. Estimated cost: $110,000. Filed Jan. 22. Giorgi, Richard and Victoria W. Giorgi, Greenwich, contractor for Richard Giorgi. Build a new single-family dwelling at 70 Bedford Road, Greenwich. Estimated cost: $925,000. Filed Jan. 29. Girgenti, Adam, Mamaroneck, New York, contractor for Nancy Taracka. Perform roofing, siding and installation of windows at 38 Henry St., Greenwich. Estimated cost: $40,000. Filed Jan. 22. Henn Pools LLC, Woodbridge, contractor for Thasunda Duckett. Construct spa and required safety barrier at 10 Blanchard Road, Greenwich. Estimated cost: $33,000. Filed Jan. 18. Jacobson, Mary A., Greenwich, contractor for Mary A. Jacobson. Upgrade interior cosmetic, electrical upgrade and change fixtures in one bathroom at 204 W. Lyon Farm Drive, Greenwich. Estimated cost: $35,000. Filed Jan. 14 Jedlicka, Michael, Greenwich, contractor for 73 Orchard P1 LLC. Construct new duplex at 73 Orchard Place, Greenwich. Estimated cost: $1,000,000. Filed Jan. 29. Marinaro, Rita C., Greenwich, contractor for Rita C. Marinaro. Replace deck at 41 Angelus Drive, Greenwich. Estimated cost: $8,000. Filed Jan. 25. Mixer, Michael, Greenwich, contractor for Michael Mixer. Repair sheetrock, paint, refinish hardwood floors and re-tile three baths at 10 Artic St., Greenwich. Estimated cost: $30,000. Filed Jan. 23. Nazzaro Inc., Georgetown, contractor for John Hartig. Demolish single-family dwelling at 46 Meadow Road, Riverside. Estimated cost: $24,800. Filed Jan. 23.
Rosa Carpentry, Greenwich, contractor for Rosa Christopher. Remove partial wall between kitchen and living room at 9 River Road, Greenwich. Estimated cost: $1,000. Filed Jan. 25. Shabecoff, Peter and D. Shabecoff, Greenwich, contractor for Peter Shabecoff. Renovate wood siding, repair asphalt shingle roof, replace windows and reframe garage doors at 153 Riversville Road, Greenwich. Estimated cost: $52,000. Filed Jan. 17. Smith, Brian, Greenwich, contractor for Alisa R. D’Angelo. Remodel and add bedrooms and bathrooms at 23 Morgan Ave., Greenwich. Estimated cost: $220,000. Filed Jan. 24. Sorin Stanciu, Greenwich, contractor for Leonardo Dos Santos. Remodel kitchen at 69 View Street West, Greenwich. Estimated cost: $30,000. Filed Jan. 17. Sorin Stanciu, Greenwich, contractor for Edilaine I. D’Arce. Remodel basement, replace two windows, install new vanity and tile in master bathroom at 36 Silo Circle, Riverside. Estimated cost: $14,850. Filed Jan. 23. Sunrun Installation Services, Hartford, contractor for Nicholas Pagani. Install rooftop solar panel at 26 Wescott St., Greenwich. Estimated cost: $11,730. Filed Jan. 28. Temple Sholom Inc., Greenwich, contractor for Temple Sholom Inc. Construction per new plans and specs at 30 E. Putnam Ave., Greenwich. Estimated cost: $926,000. Filed Jan. 28. Umbro Rocco A, Greenwich, contractor for Sangwoo Ahn. Renovate bathroom at 106 Patterson Ave., Greenwich. Estimated cost: $22,000. Filed Jan. 28. Vinylume Inc., Stamford, contractor for Marcus Tauber. Install new vinyl siding on entire house at 8 Rincard Terrace, Greenwich. Estimated cost: $41,710. Filed Jan. 24. White Birch Builders, LLC., Greenwich, contractor for Robert Pickens and Anna Pickens. Replace electrical, insulation, wallcovering and trim at 6 Mortimer Drive, Old Greenwich. Estimated cost: $45,000. Filed Jan. 22.
Richard Rakowski Construction, Weston, contractor for Cathleen M. Keeney. Remodel master bathroom at 3 Wingate Road, Greenwich. Estimated cost: $20,000. Filed Jan. 23.
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COURT CASES Bridgeport Superior Court Parr, Joanne, Darien. Filed by Sheyla Mancheno, Norwalk. Plaintiff’s attorney: Warren Francis Sasso Jr, Seymour. Action: The plaintiff’s vehicle suffered a collision caused by the defendant. The plaintiff remains responsible for financing charges, fees and interest concerning the vehicle that was declared a total loss after the collision. The plaintiff seeks monetary damages exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FBT-CV-19-6082773-S. Filed Jan. 28. Parrott Avenue Apartments LLC, et al, Stamford. Filed by David Greenwood, Bridgeport. Plaintiff’s attorney: Carter Mario Injury Lawyers, North Haven. Action: The plaintiff slipped and fell on a walkway controlled by the defendants. The plaintiff’s fall and injuries were due to the negligence of the defendants and therefore plaintiff suffered painful injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FBT-CV19-6082849-S. Filed Jan. 29. Philemon, Louis, Stamford. Filed by Michael Orsino, Stamford. Plaintiff’s attorney: Bradley Denkovich & Karayiannis PC, Bridgeport. Action: The plaintiff suffered a collision caused by the defendant and sustained severe and painful personal injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FBT-CV-19-6082855-S. Filed Jan. 29. Rose Associates Inc., New York, New York. Filed by Lissette Colon Fiduciary of the Estate of Miguel Gonzalez, Trumbull. Plaintiff’s attorney: Faxon Law Group LLC, New Haven. Action: The plaintiff is the fiduciary of the estate of Miguel Gonzalez, who was lawfully on the premises controlled, managed and possessed by the defendant when he was caused to fall down the stairs and through a pane glass door, resulting in his death. The plaintiff seeks compensatory damages for wrongful death in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FBT-CV-19-6081720-S. Filed Dec. 14.
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Facts & Figures The Stop & Shop Supermarket Co., Hartford. Filed by Gloria Cruz, Bridgeport. Plaintiff’s attorney: John J Luckart Jr, Bridgeport. Action: The plaintiff was on the premises of the defendant when the plaintiff slipped on a wet and slippery floor and fell to the ground and sustained personal injuries. As result, the plaintiff has been restricted with activities, lost time from her employment and loss of earning capacity. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FBT-CV-19-6082027-S. Filed Dec. 31.
Danbury Superior Court Lynwood Place LLC, et al, Sarasota, Florida. Filed by Andrea Stewart, Bridgeport. Plaintiff’s attorney: Goff Law Group LLC, Glastonbury. Action: The plaintiff slipped and fell on an accumulation of ice and snow on the defendants’ premises. As a result, the plaintiff suffered severe injuries and damages. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. DBD-CV-19-6030125-S. Filed Feb. 19. Rite Aid of Connecticut Inc., et al, East Hartford. Filed by Evelyn Neff, Bethel. Plaintiff’s attorney: David F Bennett, Danbury. Action: The plaintiff was on the premises of the defendants when she fell as the result of a sign placed on the sidewalk and sustained injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs. Case no. DBDCV-19-6029921-S. Filed Jan. 28. Scalero, Frank, et al, Bethel. Filed by PNC Bank National Association, Miamisburg, Ohio. Plaintiff’s attorney: Bendett & McHugh PC, Farmington. Action: The plaintiff is the owner of the defendants’ mortgage. The defendants defaulted on the terms of the agreement and have failed to pay the plaintiff the amount due. The plaintiff claims foreclosure of the mortgage, possession of the mortgage premises, monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. DBD-CV19-6029539-S. Filed Dec. 13.
The Danbury Hospital, Danbury. Filed by Elizabeth Scanzillo, Monroe. Plaintiff’s attorney: Lotty Robert W Law Office, Bridgeport. Action: The plaintiff slipped and fall on ice in the parking garage of the defendant’s premises. As a result, the plaintiff suffered injuries caused by the negligence of the defendant for not keeping safe conditions. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. DBD-CV19-6029819-S. Filed Jan. 17. The Home Depot U.S.A. Inc., et al, Hartford. Filed by David Downey, Sherman. Plaintiff’s attorney: Richard Allan Smith, New Fairfield. Action: The plaintiff and defendants entered into a contract to perform renovations in the plaintiff’s residence. The plaintiff performed all conditions of the contract; however, the defendants failed to install all the requirements and have failed and refused to comply with the contract. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. DBD-CV19-6029968-S. Filed Jan. 31.
Stamford Superior Court Araten-Castillo, Luis, et al, Mount Laurel. Filed by William Esquilin, Norwalk. Plaintiff’s attorney: Carmody Torrance Sandak & Hennessey LLP, Stamford. Action: The plaintiff suffered a collision caused by the defendants and sustained severe and painful personal injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FST-CV-19-6039401-S. Filed Dec. 26. Firos, Paul, et al, Weston. Filed by Louis Mastergeorge, Middletown. Plaintiff’s attorney: Kernan Scully & McDonald LLP, Waterbury. Action: The plaintiff was a business invitee when he slipped and fell on the defendants’ premises. As a result of the defendants’ negligence, the plaintiff sustained several injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FSTCV-19-6039887-S. Filed Feb. 4.
Moreno, Alvaro, Norwalk. Filed by Raymond Shields Estate of Administratrix Kiki Shields, Norwalk. Plaintiff’s attorney: Discala & Discala LLC, Norwalk. Action: The plaintiff suffered a collision caused by the defendant and sustained severe and painful personal injuries. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. FST-CV-19-6039523-S. Filed Jan. 4. Redding Life Care LLC, Redding. Filed by Louise McGlynn, Westport. Plaintiff’s attorney: Ury & Moskow LLC, Fairfield. Action: The plaintiff was on the premises of the defendant when the plaintiff slipped and sustained injuries. This occurrence was due to the negligence of the defendant. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs. Case no. FST-CV-196039291-S. Filed Dec. 14.
Federal District Court Von Oehsen, Katherine, Redding. Filed by Community Association Underwriters of America Inc. aka Georgetown Place Condominium Association Inc., Newtown, Pennsylvania. Plaintiff’s attorney: Law Office of Derek E. Donnelly, Suffield. Action: The plaintiff provided property insurance on the condominium, where a fire was caused by the negligence or disposal of smoking materials by the defendant. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs and such other and further relief as the court deems appropriate. Case no. 3:19-CV-00016-JAM. Filed Jan. 4.
DEEDS Commercial 224 Main Street Builders LLC, Norwalk. Seller: Richard Courville, Norwalk. Property: 224 Main St., Norwalk. Amount: $550,000. Filed Jan 31. Beck, Steven, Westport. Seller: MTGLQ Investors LP, Irvine, California. Property: 283 High Ridge Road, Fairfield. Amount: $377,000. Filed Jan. 22. Fairfield University, Fairfield. Seller: Judith P. Sinn, Fairfield. Property: 1014 N. Benson Road, Fairfield. Amount: $685,000. Filed Jan. 30.
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Gai Hou 1189 Properties LLC, Flushing, New York. Seller: Ronald H. Voloshin, Westport. Property: 1189 Pembroke St., Bridgeport. Amount: $285,000. Filed Jan. 18.
Zichil, Gheorghe and Carmita Patricia Zichil, Bridgeport. Seller: MRH Sub I LLC., Newport Beach, California. Property: 604 Wilson St., Fairfield. Amount: $285,000. Filed Jan. 28.
Greene, Milla G., et al, Bridgeport. Seller: Cazenovia Creek Funding I LLC., Bridgeport. Property: 80 Cartwright St. Units 3E and 3D, Bridgeport. Amount: $58,000. Filed Jan. 16.
Zummer, David and Diana Zummer, Flushing, New York. Seller: The Bank of New York Mellon, Highlands Ranch, Colorado. Property: 121 Murray St., Norwalk. Amount: $685,000. Filed Jan. 8.
Hambell, LLC, East Hartford. Seller: 1485 Black Rock, LLC., Greenbrae, California. Property: 1485 Black Rock Turnpike, Fairfield. Amount: $735,000. Filed Jan. 31. Ingenito, Robert L. and Valerie R. Ingenito, Norwalk. Seller: 10 Lighthouse Lane Norwalk LLC., Norwalk. Property: 10 Lighthouse Lane, Norwalk. Amount: $455,000. Filed Jan. 29. Johnny Home Improvement LLC, Bridgeport. Seller: Carol Nikola Seymour. Property: 146 Linen Ave., Bridgeport. Amount: $150,000. Filed Feb. 18. Mendonca, Roberto and Clenir Mendonca, Norwalk. Seller: U.S. Bank National Association, Salt Lake City, Utah. Property: 14 Purdy Road, Norwalk. Amount: $365,000. Filed Jan. 29. P3K Homes LLC, Easton. Seller: AFM Properties LLC, Fairfield. Property: 103 Katona Drive, Unit 3A8. Fairfield. Amount: $108,750. Filed Jan. 25. Percell, John R., et al, Bridgeport. Seller: Cazenovia Creek Funding I LLC, Bridgeport. Property: 158 Seaview Ave., Bridgeport. Amount: $110,000. Filed Jan. 2. Pine Creek Development LLC, Fairfield. Seller: Grace E. Hutchings, Fairfield. Property: Lot 32, Henderson Road, Fairfield. Amount: $285,000. Filed Jan. 24. Pozarlik, Joseph, Fairfield. Seller: PHH Mortgage Corp, Mount Laurel, New Jersey. Property: 81 Myren St., Fairfield. Amount: $1,100,000. Filed Jan. 22. Rowe, Benjamin A., Fairfield. Seller: DV Interprises LLC, Fairfield. Property: Unit 59, Strathmore Condominium, Fairfield. Amount: $213,000. Filed Jan. 31. Shannon, Robin F., Fairfield. Seller: North Benson Road LLC, Westport. Property: 3038 N. Benson Road, Fairfield. Amount: $580,000. Filed Jan. 22.
Residential Ali, Md Namor and Hazera Begum, Bridgeport. Seller: Jennifer Brown Briscoe, Bridgeport. Property: 68-70 Wake St., Bridgeport. Amount: $180,000. Filed Jan. 31. Anand, Naveen and Anupama Jain, Stamford. Seller: Chantal M. Angelis, Fairfield. Property: 334 Brambly Hedge Circle, Unit 42, Fairfield. Amount; $1,050,000. Filed Jan. 29. Bartlett, Jaffrey W., Stamford. Seller: Audrey Nickerson, Fairfield. Property: 1406 Westport Turnpike, Fairfield. Amount: $620,000. Filed Jan. 23. Beltran, Pedro and Rosa M. Beltran, Norwalk. Seller: Aurelio Viveros and Herminda C. Viveros, Norwalk. Property: 6 Pettom Road, Norwalk. Amount: $400,000. Filed Feb. 1. Budwah, Shantalee and Roan Budwah, Trumbull. Seller: Dorothy D’Ostilio, Fairfield. Property: 116 Ronald Drive, Fairfield. Amount: $430,000. Filed Jan. 17. Cassone, Jennifer and Joseph Cassone, Larchmont, New York. Seller: Robert E. Kimmerling and Patricia A. Kimmerling, Fairfield. Property: 106 Old Spring Road, Fairfield. Amount: $309,900. Filed Jan. 24. Chang, Kevin and Abbie Cacopardo, Stamford. Seller: Joseph T. Murphy and Martha Reid Murphy, Fairfield. Property: 50 Canterbury, Fairfield. Amount: $640,000. Filed Jan. 16. Chapman, Quincy J., Danbury. Seller: Sonia Almonte, Norwalk. Property: 130 Main St., Unit D3, Norwalk. Amount: $188.000. Filed Jan. 9. Chavez, Luis S., Norwalk. Seller: Jeffrey Ortolano and Gina Ortolano, Norwalk. Property: 63 Old Rock Lane, Norwalk. Amount: $949,000. Filed Feb. 1.
Cimo, Nicole E., Norwalk. Seller: Ross P. Marlin and Jennifer A. Giannitti, Norwalk. Property: 278 Sunrise Hill Road, Norwalk. Amount: $317,000. Filed Feb. 1. Clarke, Keith J. and Cynthia D. Clarke, Norwalk. Seller: Margun Tepstad, Naples, Florida. Property: 4 Winter St., Norwalk. Amount: $585,000. Filed Jan. 8. Cohen, Joshua E. and Margaret K. Cohen, Fairfield. Seller: Teresa D. Nardozzi, Fairfield. Property: 53 Rhoda Ave., Fairfield. Amount: $1,410,000. Filed Jan. 31. Content, Sheila, Norwalk. Seller: Julie Ann Hamel, Surf City, North Carolina. Property: Lot 14, Map 2586, Norwalk. Amount: $232,500. Filed Jan. 7. Cotaling, David F. and Jeri L. Cohen, Norwalk. Seller: David L. Brown and Susan E. Lane, Norwalk. Property: 80 Gregory Blvd., Norwalk. Amount: $565,000. Filed Jan. 7. Craig, Wayne R. and Barbara E. Schneider, Norwalk. Seller: Susan Ann Carroll, Darien. Property: 9 Rampart Road, Norwalk. Amount: $320,000 Filed Jan. 31. D’Antonio, Toni and John D’Antonio, Brooklyn, New York. Seller: Ty D. Christianson and Elisha H. Christianson, Norwalk. Property: Lot 76 Lakeview Drive, Norwalk. Amount: $355,000. Filed Jan. 31. Davey, Theodore E. and Karen A. Davey, Norwalk. Seller: Audrey R. Johnson, Norwalk. Property: 5 Caesar St., Norwalk. Amount: $301,000. Filed Jan. 10. DeFrancesco, Deborah and Frank DeFrancesco, Fairfield. Seller: C. Fred Madsen and Cornelia M. Madsen, Savannah, Georgia. Property: 396 Midlock Road, Fairfield. Amount: $1,340,000. Filed Jan. 29. Delio, Theresa and Samuel Delio, Southbury. Seller: Dina Marinoni, Norwalk. Property: 15 Perry Ave., Apartment B11, Norwalk. Amount: $217,500. Filed Jan. 14. Desmond, Devonette Paulina, Bridgeport. Seller: James E. Baker, Bridgeport. Property: 330 Greenwood St., Bridgeport. Amount: $165,000. Filed Feb. 19. Duffy, Christopher G. and Roseanne B. Duffy, Bridgeport. Seller: Susan Boolbol, Cos Cob. Property: Lot 49 Sailors Lane, Bridgeport. Amount: $350,000. Filed Feb. 2.
Facts & Figures Elgart, Alan Marcos, Bridgeport. Seller: Ellen Naftalin, Westport. Property: 3250 Fairfield Ave., The Village at Black Rock, Unit 134, Bridgeport. Amount: $159,000. Filed Jan. 28. Ezzes, James, Fairfield. Seller: Rachel Krespin, Sunny Isles Bach, Florida. Property: 106 Alberta St., Fairfield. Amount: $424,100. Filed Jan. 18. Fabso, Gregory and Katherine Stock Fabso, Norwalk. Seller: Justin E. Bechtold and Elizabeth A. Bechtold, Fairfield. Property: 61 Shagbark Lane, Fairfield. Amount: $668,500. Filed Jan. 22. Farrel-Francis, Winklin and Juana F. Peralta, Bridgeport. Seller: Debra A. Marino, Bridgeport. Property: 513-515 West Taft Ave., Bridgeport. Amount: $224,000. Filed Feb. 6. Federman, Andrew, Astoria, New York. Seller: Mark J. Errett and Cynthia Errett, Fairfield. Property: 58 Elderberry Lane, Fairfield. Amount: $635,000. Filed Jan. 23. Fogarty, Bryan, Easton. Seller: Mary Gai, Westport. Property: Lot 24, Map 349 New St., Fairfield. Amount: $293,000. Filed Jan. 28. Franco, Dominick J. and Rosemarie A. Franco, Stamford. Seller: Gi Hae Youn, Norwalk. Property: 306 Foxboro Drive, Norwalk. Amount: $427,500. Filed Jan. 11. Garavel, Patricia and Paul Garavel, Norwalk. Seller: Breauna Checketts and John Checketts. Norwalk. Property: Lot 45 at Heron Road, Norwalk. Amount: $1. Filed Feb. 1. Garrity, Jon, Dublin, Ohio. Seller: Edward N. Linderfelt and Maureen Linderfelt. Fairfield. Property: 227 Autumn Ridge Road, Fairfield. Amount: $575,000. Filed Jan. 18. Giannitti, Peter, Norwalk. Seller: Rakibul H. Khan Norwalk. Property: 67 Lexington Ave., Norwalk. Amount: $185,000. Filed Jan. 7. Giliberto, Michelle, Fairfield. Seller: Moon S. Lee and Kate H. Lee. Fairfield. Property: Lot 18, Lake Hills, Fairfield. Amount: $1,200,000. Filed Jan. 25. Gloo, Adam and Rachel Gloo, Fairfield. Seller: Christopher J. LaGreca and Megan A. LaGreca, Fairfield. Property: 178 Ludlowe Road, Fairfield. Amount: $615,000. Filed Jan. 30.
Greca, III Andrew M. and Lindsay Greca, Norwalk. Seller: Samantha Jane Yarmis and Benjamin Birstein Yarmis, Norwalk. Property: Lot 11, Naromake Avenue, Norwalk. Amount: $327,000, Filed Feb. 1. Greenwood, Mitchell F. and Yenilsha Firpo-Greenwood, Stamford. Seller: Taylor Montross, Norwalk. Property: 36 Frances Ave., Norwalk. Amount: $295,000. Filed Jan. 9. Guarente, Michael Vincent, Norwalk. Seller: Quian Li, Norwalk. Property: 16 Olive Lane, Norwalk. Amount: $446,200. Filed Feb. 1. Gutierrez, Jr. Efrain Norwalk. Seller: William Andriopoulos and Virginia A. Yost. Norwalk. Property: 25 Ryan Ave., Norwalk. Amount: $315,000. Filed Jan. 31. Heinzelman, Frederick, Bridgeport. Seller: Michael A. Kelly, Lawrenceville, New Jersey. Property: 160 Ashton St., Bridgeport. Amount: $160,000. Filed Feb. 20. Henderson, John and Lisa Pisano Henderson, Norwalk. Seller: Linda Gould, North Canaan. Property: Lot 41, Gregory Boulevard, Norwalk. Amount: $440,000. Filed Jan. 7. Kleiner, Deborah R. and Thom Kleiner, Sparkill, New York. Seller: Lynn Bernstein, Fairfield. Property: 2766 Unquowa Road, Fairfield. Amount: $520,000. Filed Jan. 22. Logan, Julie K., Carmine, Texas. Seller: Matthew A. Mozelak and Shannon L. Manchester, Fairfield. Property: 2493 Redding Road, Fairfield. Amount: $1,289,000. Filed Jan. 18. McClain, Matthew and Lauren R. McClain, Norwalk. Seller: Mark A. Kramer and Victoria H. Kramer, Norwalk. Property: 24 Woodbine St., Norwalk. Amount: $1,020,000. Filed Feb. 1. McGregor, Jack E., et al, Bridgeport. Seller: Wilmington Savings Fund Society, FSB, Bridgeport. Property: 40 Anchorage Drive, Bridgeport. Amount: $770,000. Filed Nov. 15. Mihelic, Sonia and Marta Mihelic, Westport. Seller: Mary Lou Leverty, Fairfield. Property: 67 Hamilton Court, Fairfield. Amount: $620,000. Filed Jan. 17. Monkman, Eric and Kathleen White, Fairfield. Seller: Janet L. Georgen and Lawrence R. Georgen, Fairfield. Property: 318 Romanock Road, Fairfield. Amount: $467,500. Filed Jan. 29.
Moore, Darian, Bridgeport. Seller: Frederick D. Paoletti Jr., Bridgeport. Property: 80 Broadway, Bridgeport. Amount: $138,000. Filed Feb. 7. Novak, Nicholas and Ann Marie Novak, Norwalk. Seller: Nicholas Novak. Norwalk. Property: 7 Cornwall Drive, Norwalk. Amount: $1. Filed Feb. 1. O’Keeffe, Patricia, Greenwich. Seller: Kathleen Zyga, Norwalk. Property: 11 Richmond Hill Road, Norwalk. Amount: $495,000. Filed Jan. 11. Pepe, Joseph R. and Diana C. Pepe, Fairfield. Seller: Douglas J. DeSilva and Linda DeSilva, Fairfield. Property; 825 Towne House Road, Fairfield. Amount: $1,020,000. Filed Jan. 18. Peter, Dominick A., Norwalk. Seller: Paul A. Peter, Norwalk. Property: 14 Burritt Ave., Norwalk. Amount: $130,000. Filed Jan. 30. Pilla, Vinod and Rama Miriyappalli, Wilton. Seller: Laurie O. Griffith, Norwalk. Property: 1 Walter Ave., Unit 3, Norwalk. Amount: $149,000. Filed Jan. 9. Piriz, Richard E., Stamford. Seller: Sean Grathwohl, Norwalk. Property: 12 Sniffen St., Norwalk. Amount: $374,000. Filed Jan. 8. Price, Willie M. and Deborah Ann Price, Bridgeport. Seller: Flor del C. Soto, Bridgeport. Property: 171 Judson Place, Bridgeport. Amount: $228,000. Filed Jan. 17. Rodrigues, Brandon and Erica Schain, Norwalk. Seller: Amiya M. Dharmadhikari, Norwalk. Property: Stuart Place Condominium, Unit 40E, Norwalk. Amount: $342,500. Filed Feb. 1. Rodriguez, Jeffrey, Bridgeport. Seller: Michael S, Meehan, Bridgeport. Property: Lot 12 Hawthorne, Bridgeport. Amount: $0. Filed Feb. 21. Ruggiano, John and Catherine Ruggiano, Norwalk. Seller: Stanley K. Irish, Norwalk. Property: 50 Aiken St., Unit 293, Norwalk. Amount: $207, 000. Filed Jan. 7. Sarmiento, Manuel Efrain, Bridgeport. Seller: Ellen Adriani and Philip J. Adriani, Sandy Hook. Property: 406 Exeter St., Bridgeport. Amount: $210,000. Filed Feb. 15.
Schaper, Christopher, West Springfield, Massachusetts. Seller: Alison Boteler, Bridgeport. Property: 298 Old Battery Road, Bridgeport. Amount: $337,250. Filed Jan. 27. Toma, Michael S., Fairfield. Seller: Donald Branson and Norma Branson, Westport. Property: 312 Knapps Highway, Fairfield. Amount: $245,000. Filed Jan. 31. Wolfe, Alexander E. and Adriana N. Wolfe, Fairfield. Seller: Amin Jamali and Nicole D’Onofrio, Fairfield. Property: 245 Sunnyridge Ave., Unit 31, Fairfield. Amount: $235,500. Filed Jan. 23. Wood Bryan and Carleen A. Wood, Darien. Seller: Alexander J. Trembicki, Norwalk. Property: 458 Flax Hill Road, Norwalk. Amount: $549,000. Filed Jan. 9. Wright, Justin E. and Elyse M. Nye, Stamford. Seller: Babita Kapadwala, Norwalk. Property: 25 Sniffen St., Unit A, Norwalk. Amount: $328,000. Filed Jan. 10.
FORECLOSURES Best, Aaron M., et al, Creditor: Connecticut Housing Finance Authority. Property: Lot 4 Lakeside Drive. Bridgeport. Mortgage default. Filed Jan. 24. Galarza, Jr., Rafael, et al, Creditor: Wells Fargo Bank. Property: 75 Overland Ave., Bridgeport. Mortgage default. Filed Jan. 22. Gomez, Joan L., Creditor: Wilmington Savings Fund Society, FSB. Property: 59-61 Sherwood Ave., Bridgeport. Mortgage default. Filed Feb. 2. Gordon, Bruce S., et al, Creditor: The Success Village Apartments Inc. Property: Apartment 23, Building 77, Bridgeport. Mortgage default. Filed Feb. 4. Lugo, Henry, et al, Creditor: HSBC Bank USA N.A. Property: 695 Iranistan Ave., Bridgeport. Mortgage default. Filed Jan. 24. Nunez, Virginia C., et al, Creditor: U.S. Bank N.A. Property: 327 E. Pasadena Place, Bridgeport. Mortgage default. Filed Jan. 30. Pinto, Jose E., et al, Creditor: Navy Federal Credit Union. Property: 44 Wing St., Bridgeport. Mortgage default. Filed Jan. 24.
Scott, Walter G., et al, Creditor: Wilmington Trust National Association. Property: 738 Platt St., Bridgeport. Mortgage default. Filed Feb. 7. Soos, Judith D., Creditor: The Bank of New York Mellon. Property: 455 Westfield St., Bridgeport. Mortgage default. Filed Jan. 23. Supple, Lisa, et al, Creditor: M&T Bank. Property: 32 Nob Hill Circle, Unit 58, Bridgeport. Mortgage default. Filed Jan. 18. Taylor, Steven, et al, Creditor: U.S. Bank N.A. Property: 530 Lakeside Drive, Bridgeport. Mortgage default. Filed Jan. 30.
JUDGMENTS Jack, Karin S., Fairfield. $31,303, in favor of Ferrari Financial Services Inc., Englewood Cliff, New Jersey, by Evans, Feldman & Associates LLC. New Haven. Property: 1155 Sasco Hill Road, Fairfield. Filed Jan. 28. Johnston, Rebecca, Fairfield. $2,222, in favor of North ShoreLIJ Medical PC. Fairfield, by Tobin & Marohn, Meriden. Property: 401 Old Field Road, Fairfield. Filed Jan. 25. Karageorge, Johnathan, Fairfield. $37,591, In favor of Bank of America N.A., Charlotte, North Carolina, by the Law Offices Howard Lee Schiff PC, East Hartford. Property: 103 Brookside Drive, Fairfield. Filed Jan. 22. Kornstein, Andrew N., Fairfield. $241,865, in favor of Chemtob Moss Forman & Beyda LLP, New York, New York, by Goldman Gruder & Woods LLC, Norwalk. Property: 1373 Redding Road, Fairfield. Filed Feb. 13. Larson, Eric, Fairfield. $15,421, in favor of The United Illuminating Co., New Haven, by Nair & Levin PC, Bloomfield. Property: 326 Bennett St., Fairfield. Filed Feb. 21.
Salamone, Gary L., Fairfield. $15,161, in favor of American Express National Bank, Salt Lake City, Utah, by Mark Sank & Associates LLC. Stamford. Property: 25 Carlynn Drive, Fairfield. Filed Feb. 4. Sanabria, David, Fairfield. $930, in favor of Midland Funding LLC, San Diego, California, by Schreiber/Cohen LLC, Salem, New Hampshire. Property: 103 Burroughs Road, Fairfield. Filed Jan. 18. Shelley, Levi D., Fairfield. $2,174, in favor of The Southern Connecticut Gas Company of the town of Orange, by Nair & Levin PC, Bloomfield. Property: 240 Villa Ave., Fairfield. Filed Jan. 25. Vomvas, Dimitrios M., Fairfield. $17,923, in favor of Bank of America N.A., Charlotte, North Carolina, by Rubin & Rothman LLC, Islandia, New York. Property: 1040 Burroughs Road, Fairfield. Filed Feb. 4.
LIENS Federal Tax Liens Filed 90 RHR LP, 90 Round Hill Road, Greenwich. $32,564, civil proceeding tax. Filed Feb. 6. Alpha Blue Properties LLC, 123 Henry St., Greenwich. $2,742, civil proceeding tax. Filed Feb. 1. Blizzard, Ellen and Jeffrey Blizzard, 70 Bowman Drive, Greenwich. $3,138, civil proceeding tax. Filed Jan. 9. Cortese, Pasquale P., 212 Davis Ave., Greenwich. $835, civil proceeding tax. Filed Jan. 17. Eaton Investments LLC, 1736 Boston Ave., Bridgeport. $1,680, civil proceeding tax. Filed Feb. 13.
McCarthy, Kevin M., Fairfield. $6,583, In favor of Bank of America N.A., Charlotte, North Carolina, by the Law Offices Howard Lee Schiff PC, East Hartford. Property: 60 Beacon View Drive, Fairfield. Filed Feb. 11.
Eaton Investments, LLC, 2295 E. Main St., Bridgeport. $3,535, civil proceeding tax. Filed Feb. 13.
Reed, Michael, Southport. $13,367, in favor of TBF Financial LLC, Deerfield, Illinois, by Jacobs & Rozich LLC, New Haven. Property: 621 Center St., Southport. Filed Feb. 1.
Goshchinsky, Arkady and Yelena Sushko, 51 Forest Ave. Unit 16, Old Greenwich. $445, civil proceeding tax. Filed Feb. 6.
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Frattaroli, Nello, 71 Valley Road, Cos Cob $4,099, civil proceeding tax. Filed Jan. 29.
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Facts & Figures Green, Vernon, 583 Noble Ave., Bridgeport. $3,436, civil proceeding tax. Filed Feb. 5. Gutierrez, Basilio, 11 Red Fern Rag, Shelton. $31,950, civil proceeding tax. Filed Jan. 17. Howard, Cornelius and Anthia C. Thomas-Howard, 105 E. Eaton St., Bridgeport. $1,473, civil proceeding tax. Filed Jan. 30. Kalaycioglu, Feyza, 301 Pemberwick Road, Greenwich. $139, civil proceeding tax. Filed Jan. 25.
Rosario, Luz and Luis Rosario, 135 Beverly Drive, Bridgeport. $4,346, civil proceeding tax. Filed Feb. 6. Scarpelli, Euginio E. and Genaro F., 37 Harold Ave., Greenwich. $183, civil proceeding tax. Filed Feb. 14. Soot, Gitta T., 9 Tomahawk Lane, Greenwich. $7,528, civil proceeding tax. Filed Feb. 6. Tompkins, Sloane R., 201 E. Putnam Ave., Greenwich. $2,341, civil proceeding tax. Filed Feb. 13.
Kauneer Company Inc. and J and G Glass Company Inc., 508 Stratford Ave., Bridgeport. $164,233, a tax debt on income earned. Filed Feb. 8.
West East LLC, 115 Uno River Road, Greenwich. $4,720, civil proceeding tax. Filed Feb. 6.
Larkin, Richard J., 5 Essex Road, Greenwich. $5,790, civil proceeding tax. Filed Feb. 15.
Wolterstorff, Robert M., 54 Old Stone Bridge Road, Cos Cob $6,695, civil proceeding tax. Filed Feb. 7.
Liodori, Louis, 9 Moshier St., Greenwich. $2,679, civil proceeding tax. Filed Jan. 15.
Yates, Jennifer J., 45A William St., Greenwich. $2,063, civil proceeding tax. Filed Feb. 6.
Mesquita, Jonas, 639 Wayne St., Bridgeport. $1,240, civil proceeding tax. Filed Feb. 7.
Zsetenyi, Rose and Kevin Coles, 59 Mill Hill Ave., Bridgeport. $2,021, civil proceeding tax. Filed Feb. 13.
Pardo, Arnaldo M., 105 Smith St., Bridgeport. $1,660, civil proceeding tax. Filed Feb. 13. Peterkin, Lorraine, 22 Grand St., Greenwich. $79, civil proceeding tax. Filed Jan. 24. Real, Isabel Teresa, 41 Woodland Drive, Greenwich. $163, civil proceeding tax. Filed Jan. 9.
LIS PENDENS Akhtar, Parvin, Bridgeport. Filed by Marinosci Law Group PC., Warwick, Rhode Island, for Bank of America N.A. Property: 45 Fourth St., Bridgeport. Action brought claiming a foreclosure of defendant’s mortgage from Bank of America. Filed Jan. 22.
Rodriguez, Francisco, 1158 E. Main St., Bridgeport. $1,938, civil proceeding tax. Filed Feb. 13.
Barboza, Robes, et al, Bridgeport. Filed by Green & Gross PC, Bridgeport, for Carlos M. Coelho and Glenda Cohelho. Property: 827 North Ave., Bridgeport. Action brought to foreclose defendants’ mortgage. Filed Feb. 4. Bria, Amy, et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Wells Fargo Bank N.A. Property: 409 Glendale Ave., C6, Bridgeport. Action brought to foreclose a defendant’s mortgage from Wells Fargo Bank. Filed Nov. 28. Cajas, Louis, et al, Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Harford, for Nationwide Advantage Mortgage Co. Property: 90-92 Putnam St., Bridgeport. Action brought, inter alia, to foreclose defendant’s mortgage. Filed Jan. 24. Chavez, Robert, et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Wells Fargo Bank N.A. Property: 112 Horace St., Bridgeport. Action brought to foreclose a defendant’s mortgage from Ameriquest Mortgage Co. Filed Dec. 21, Clarke, Sandra D., et al, Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Harford, for PHH Mortgage Corp. Property: 315 W. Morgan Ave., Bridgeport. Action brought, inter alia, to foreclose defendant’s mortgage. Filed Jan. 30. Coates, Martin, et al, Bridgeport. Filed by Rosenberg, Miller, Hite & Morilla LLC, Stratford, for the Water Pollution Control Authority for the city of Bridgeport. Property: 38-40 Stamdish St., Bridgeport. Action brought to foreclose a mortgage to a statutory lien on this unit under the Connecticut General Statutes. Filed Dec. 5.
Courts, Kesheonia T., et al, Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Hartford, for U.S. Bank National Association. Property: 9 Roger Williams Road, Bridgeport. Action brought, inter alia, to foreclose defendant’s mortgage. Filed Dec. 21. G-LAP LLC, et al, Bridgeport. Filed by Rosenberg, Miller, Hite & Morilla LLC, Stratford, for the Water Pollution Control Authority for the city of Bridgeport. Property: 1069-1071 William St., Bridgeport. Action is brought to foreclose a mortgage. Filed Dec. 21. Gordon, Michael S., et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Manufacturers and Traders Trust Co. Property: 1377 Old Town Road, Bridgeport. Action brought to foreclose defendant’s mortgage. Filed Jan. 31. Hoy, Juan P., Bridgeport. Filed by Bendett & McHugh, PC., Farmington, for Wells Fargo Bank N.A. Property: 2001 Park Ave., Bridgeport. Action brought to foreclose defendant’s mortgage. Filed Jan. 28. Prof-2013-S3 Legal Title Trust II, by US Bank National Association, Bridgeport. Filed by Rosenberg, Miller, Hite & Morilla LLC, Stratford, for the Water Pollution Control Authority for the city of Bridgeport. Property: 247 Wilmont Ave., Bridgeport. Action brought to foreclose a mortgage and place a statutory lien on this unit under the Connecticut General Statutes. Filed Dec. 4. Przybylowicz, Robert J., Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Harford, for Deutche Bank National Trust Co. Property: 171 Hillside Ave, Bridgeport. Action is brought, inter alia, to foreclose defendant’s mortgage. Filed Feb. 1
Ramos, Esteban, Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Hartford, for Stearns Lending LLC. Property: 389 Saunders Ave., Bridgeport. Action is brought, inter alia, to foreclose defendant’s mortgage. Filed Jan. 22. Reid, Antrice, et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Wells Fargo Bank N.A. Property: 52 Quince St., Bridgeport. Action is brought to foreclose defendant’s mortgage. Filed Jan. 23. Rodriguez, Zaida, et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Primary Residential Mortgage Inc. Property: 235 Alpine St., Bridgeport. Action is brought to foreclose defendant’s mortgage. Filed Nov. 29. Scaminici, Robert, et al., Bridgeport. Filed by Rosenberg, Miller, Hite & Morilla LLC, Stratford, for the Water Pollution Control Authority for the city of Bridgeport. Property: 508 William St., Bridgeport. Action is brought to foreclose a mortgage and place a statutory lien on this unit under the Connecticut General Statutes. Filed Dec. 5. Sethi, Jagmeet, et al, Bridgeport. Filed by Rosenberg, Miller, Hite & Morilla LLC, Stratford, for the Water Pollution Control Authority for the city of Bridgeport. Property: 487 Goldenrod Ave., Bridgeport. Action is brought to foreclose a mortgage and place a statutory lien on this unit under the Connecticut General Statutes. Filed Dec. 5. Souphaphone, Phonethap, et al, Bridgeport. Filed by Bendett & McHugh PC, Farmington, for Wells Fargo Bank N.A. Property: 166 Bunnell St., Bridgeport. Action is brought to foreclose defendant’s mortgage. Filed Jan. 25.
Torres, Ramon C., et al, Bridgeport. Filed by McCalla Raymer Leibert Pierce LLC, Harford, for JPMorgan Chase Bank, National Association. Property: 493 Huntington Turnpike, Bridgeport. Action is brought, inter alia, to foreclose defendant’s mortgage from the Chase Manhattan Mortgage Corp. Filed Feb. 1.
LEASES Mejia, Bibiana by Marylou Weeks. Landlord: Success Village Apartments Inc. Bridgeport. Property: 100 Court D, Apt. 16, Building 92, Bridgeport. Term: 35 years, commenced Jan. 29, 2019. Filed Jan. 29. Regis, Jean by Marylou Weeks. Landlord: Success Village Apartments Inc. Bridgeport. Property: 100 Court D, Apartment 16, Building 88, Bridgeport. Term: 35 years, commenced Feb. 12, 2019. Filed Feb. 12. Woodward, Diana by Marylou Weeks. Landlord: Success Village Apartments Inc. Bridgeport. Property: 100 Court D, Apt. 407, Building 72, Bridgeport. Term: 35 years, commenced Feb. 20, 2019. Filed Feb. 20.
MORTGAGES 832 Bedford Street LLC, Stamford, by J. Ralph Murray. Lender: Mark F. Katz, 196 North St., Stamford. Property: 832 Bedford St., Stamford. Amount: $48,000. Filed Dec. 27. 87 Stephen Street LLC, Stamford, by Beatriz Lopez. Lender: Sharestates Investments DACL LLC, 11 Middle Neck Road, Suite 400A, Great Neck, New York. Property: 87 Stephen St., Stamford. Amount: $438,000. Filed Dec. 27.
Vice President, Portfolio Management (with Specialization) – Respnsble for dvlpg strategy for own book of invstmnts to promote & test new invstmnt strategies. Reqs: Bach or hghr in Math, Operatns Rsrch, Economics, Comp Sci, Comp Engnrg, Engnrg, or Physics & 2 yrs exp in job offrd or 2 yrs exp as VP, Rsrch, &/or Sr. Quantitatve Rsrchr, &/or Quantitatve Rsrchr, or in similr positn(s) in quantitatve rsrch specific to alpha signal dvlpmnt in the finance or invstmnt industries. Skills: Bkgd in educ, traing or exp must incld strong C++ programmg skills; excllnt optimizatn knwldge; proficiency in scriptg programmg languages, such as Python; excllnt statisticl analysis skills; excllnt applied mathematics problm solvg capabilities. Less than 5% trvl req’d to co. sites for meetgs & traing, primarily in the US w/ some int’l trvl; no telecommutg benefit, no alt. work or residnce locatn avail. WorldQuant, LLC, Old Greenwich, CT.
Vice President, Portfolio Management (with Specialization) – Dvlp systematic strategies for tradng of global futures instrumnts & currencies; create portfolio of own tradng strategies. Reqs: Bach or hghr in Math, Operatns Rsrch, Economics, Comp Sci, Info Tech – Very Lrge Info Systms, Engnrg, or Physics & 2 yrs exp in job offrd or 2 yrs exp as VP, Research, &/or Sr. Quantitatve Rsrchr, &/or Quantitatve Rsrchr. Skills: Bkgd in educ, traing or exp must incld strong C++ & Python programmg skills; knwldge of mathematicl programmg, incldg convex optimizatn & dynamic programmg; proficiency in scriptg programmg languages, such as Python, Perl, & R; & demnstrtd strong understandg of statistics, incldg regression analysis, hypothesis testg, & design of statisticl experimnts. WorldQuant, LLC, Old Greenwich, CT.
Send resumes to Sandra.DiCairano@worldquant.com; ref job title & #216618 in subject line.
Send resumes to Sandra.DiCairano@worldquant.com; ref job title & #216614 in subject line.
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MARCH 11, 2019
FCBJ
Facts & Figures Baer Woods LLC, Stamford, by Alix Field. Lender: First County Bank, 117 Prospect St., Stamford. Property: 1708,1752 and 1758 New Field Ave., Stamford. Amount: $1,495,000. Filed Dec. 28.
Meeks, Lee, Stamford, by Jason J. Morytko. Lender: Total Mortgage Services LLC, 185 Plains Road, Milford. Property: 91 Strawberry Hill Ave., Unit 822, Stamford. Amount: $178,286. Filed Dec. 28.
Braun, Gerald M., Stamford, by Gerald M. Fox. Lender: National Banking Association, 1 Citizens Plaza, Providence, Rhode Island. Property: 94 Southfield Ave., Stamford. Amount: $208,000. Filed Dec. 28.
Pelozo Sucena, Mariane, Stamford, by Jason J. Morytko. Lender: Wells Fargo Bank N.A., 101 N. Phillips Ave., Sioux Falls, South Dakota. Property: 970 Hope St., Apt. 1D, Stamford. Amount: $213,400. Filed Dec. 27.
Capano, Daniel and Loreen Capano, Stamford, by Susan B. Croker. Lender: The First Bank of Greenwich, 444 E. Putnam Ave., Cos Cob. Property: 61 Seaview Ave., Unit 79, Stamford. Amount: $190,000. Filed Dec. 27.
Picard-Ami, Andre, Stamford, by John R. Harness Lender: Angel Oak Mortgage Solutions LLC, 3060 Peachtree Road, Atlanta, Georgia. Property: 1814 Newfield Ave., Stamford. Amount: $352,000. Filed Dec. 28.
Carpanzano, Dominick and Eileen C. Carpanzano, Stamford, by Maria F. Briganti. Lender: Webster Bank N.A., 145 Bank St., Waterbury. Property: 202 High Clear Drive, Stamford. Amount: $395,000. Filed Dec. 27.
Rogers, Brian E. and Catherine Bruen, Stamford, by Kirsten Mendillo. Lender: Neat Capital Inc., 2560 55 St., Suite 101, Boulder, Colorado. Property: 59 Courtland Ave., Stamford. Amount: $120,000. Filed Dec. 27.
High Ridge Real Estate LLC, Stamford, by Badrul A. Chowdhury. Lender: TD Bank N.A., 191 Orange St., New Haven. Property: 908 High Ridge Road, Stamford. Amount: $1,100,000. Filed Dec. 27.
Samuel, Mark and Lori Samuel, Stamford, by Maria C. Miller. Lender: Discover Bank, 12 Reads Way, New Castle, Delaware. Property: 18 Old Logging Road, Stamford. Amount: $100,000. Filed Dec. 28.
Kavaler, Elizabeth and Gary I. Rosen, Stamford, by Aleksandr Y. Troye. Lender: JPMorgan Chase Bank N.A. 1111 Polaris Parkway, Columbus, Ohio. Property: 42 Pinnacle Road, Stamford. Amount: $528,900. Filed Dec. 27.
Turano Emily and Patrick Turano, Stamford, by Tyler V. Calvi-Rogers. Lender: Newtown Savings Bank, 39 Main St., Newtown. Property: 59 Fawn Drive, Stamford. Amount: $424,000, Filed Dec. 28.
Laguerre Carline and Joseph Derigin, Stamford, by Christian W. Bujdud. Lender: HomebridgeFinancial Services Inc., 194 Wood Avenue South, Iselin, New Jersey. Property: 19 Bouton Street East, Stamford. Amount: $425,157. Filed Dec. 28.
Zbylut, Tadeusz and Stanislawa Zbylut, Stamford, by Michael C. Jachim. Lender: Provident Funding Associates, LP., 1408 N. Westshore Blvd., Suite 265, Tampa, Florida. Property: 59 Lynam Road, Stamford. Amount: $280,000. Filed Dec. 27.
Portfolio Accountant Associate (Greenwich, CT): Perform reconciliation of cash positions, market values, and trade breaks and perform P&L analysis and corporate action analysis. Monitor cash flows and margin movements as well as inquiry response. Responsible for Net Asset Value (“NAV”) calculations, administrator reconciliations, and production of month end sign off packages, including NAV, Profit and Loss (“P&L”), trial balance, fund allocations, and investor statements. Perform hedge fund portfolio accounting and investor capital calculations. Req’s Bachelor’s degr plus 3 yrs exp. Mail resume to: AQR Capital Management, LLC, ATTN: S. Rao, 2 Greenwich Plaza, 3rd Flr, Greenwich, CT 06830. Must Ref: M012AQRCT.
NEW BUSINESSES
Landscapestrategist.com, 42 Carroll St., Stamford 06907, c/o Christine Reid. Filed Jan. 8.
Altice Technical Services, 90 Commerce Road, Long Island, New York, 11120, c/o CSC Holdings LLC. Filed Jan. 3.
Los Reyes del Sabor, 162 Stillwater Ave., Stamford 06902, c/o Jenny Reyes. Filed Jan. 3.
Cathand Cosmetology, 110 Liberty St., Apt. 1, Stamford 06902, c/o Catherine Andrade-Velasquez. Filed Jan. 4.
Mac & PC Hall, 953 E. Main St., Stamford 06902, c/o Leonardo Lima. Filed Jan. 10.
ChamorroSoft, 41 Palmer St., Stamford 06907, c/o Pedro J. Chamorro. Filed Jan. 7.
Mama’s Food Truck LLC, 26 Richmond Place, Stamford 06902, c/o Judy Juarez. Filed Jan. 2.
Dzherelo Services, 20 North St., Apartment 5-2, Stamford 06902, c/o Yaroslav Koshelevskiy. Filed Jan. 7.
Michaelina’s Stamford, 19 Cedar Heights Road, Stamford 06905, c/o Michaelina’s Stamford, LLC. Filed Jan. 8.
Elite Elle’s, 22 Ralph St., Stamford 06902, c/o Lance Bisordi. Filed Jan. 7.
Nikita’s Value Mart, 455 W. Main St., Stamford 06902, c/o Piya’s LLC. Filed Jan. 7.
Empowering Speech Therapy LLC, 84 Stanton Lane, Stamford 06902, c/o Devin Roscillo. Filed Jan. 7.
Play it Again Entertainment, 189 Blackwood Lane, Stamford 06903, c/o Gerald Pia. Filed Jan. 8.
Fix Mobile Solutions, 953 E. Main St., Stamford 06902, c/o Leonardo Lima. Filed Jan. 10.
Points4thepeople, 17 Hillside Ave., Stamford 06902, c/o Sian James. Filed Jan. 10.
Frank Castaldi, 1 Bank St., Stamford 06901, c/o Frank Castaldi. Filed Jan. 4.
Roma Tile, 678 Atlantic St., Stamford 06902, c/o Irma Rivas. Filed Jan. 4.
Gavin Wilson Productions LLC, 101 Washington Blvd., No. 1306, Stamford 06902, c/o Gavin Wilson. Filed Jan. 2.
Sarah Garcia Alexander’s Deli, 162 Stillwater Ave., Stamford 06902, c/o Sarah Garcia. Filed Jan. 3.
Hair by Ela, 502 W. Main St., Stamford 06902, c/o Elzbieta Wandzel. Filed Jan. 3.
Style Beauty Kim, 92 Toms Road, Stamford 06906, c/o Kimberly Calderon. Filed Jan. 9.
Kapri Cleaners, 776 Cove Road, Stamford 06902, c/o Kapri Eco Corp. Filed Jan. 4.
Ur Tinerary, 200 Henry St., Stamford 06902, c/o Ferima Haidara. Filed Jan. 2.
Lead Developer – Participate in architecture, design, & implemntatn of large-scale distributd systems that extract data; perform analysis & monitorg on datasets to ensure completeness & integrity. Reqs: Bach or hghr in Comp Sci or Info Tech, & 3 yrs exp in job offrd or 3 yrs as Web Dvlpr, Dvlpr, Data Engnr, &/or Softwre Engnr. Skills: Bkgd in educ, traing or exp must incld Unix/Linux envirnmnts; exp buildg scalable web applicatns in cloud-based envirnmnts; Java, Python, JavaScript/JQuery, AJAX, HTML5, CSS/LESS; Hands-on industry exp in end-to-end web dvlpmnt; excellnt debugging & problm solvg skills. 5% int’l travel req’d to co. sites; no telecommutg benefit, no alt. work or residnce locatn avail. WorldQuant, LLC, Old Greenwich, CT.
PATENTS Air separation unit heat exchanger with porous boiling surface coatings. Patent no. 10,221,970 issued to Zigui Lu, East Amherst, New York; Sang Muk Kwark, Holly Springs, North Carolina; Joseph M. Corpus, Avon, Indiana; Jonathan A. Lane, Snyder, New York; David P. Potempa, Boston, New York; Maulik R. Shelat, Williamsville, New York. Assigned to Praxair Technology Inc., Danbury. Apparatus for reducing emissions when burning various fuels. Patent no. 10,222,059 issued to Daniel Patrick Wallace, Bethel; Charles A. White III, Danbury; Joseph R. Wallace, Bethel; Howard E. Wells IV, Dover, Delaware; Darrel Scribner, East Haven; Peter P. Cantatore, Trumbull; Jianhui Hong, Buffalo Grove, Illinois. Assigned to Preferred Utilities Manufacturing Corp., Danbury. Barrel plant stand. Patent no. D842,002 issued to Fred Joseph Ryan, Monroe. Assigned to Classic Home & Garden LLC, Monroe. Double-sided bracket for a light assembly. Patent no. 10,223,943 issued to Curtis Allen Clarke, Fairfield. Assigned to As Seen on PC Inc., Fairfield. Drive shaft electrical contact for print cartridge photoreceptor grounding. Patent no. 10,222,741 issued to Ian Burdon, Hertfordshire, United Kingdom; Joseph R. Broughton, Hertfordshire, United Kingdom; John R. Washington, Hertfordshire, United Kingdom; Peter J. Cresswell, Hertfordshire, United Kingdom. Assigned to Xerox Corp., Norwalk. Horn array. Patent no. 10,225,648 issued to Alexander Voishvillo, Simi Valley, California; Alex Pliner, Van Nuys, California; Toni Lilienthal, Northridge, California. Assigned to Harman Inernational Industries Inc., Stamford. Interrupt exception window protocol on a data communication bus and methods and apparatuses for using same. Patent no. 10,222,775 issued to Nik Ihijic, Glen Alpine, Australia. Assigned to Hubbell Inc., Shelton. Luminaire conforming accessory interface. Patent no. 10,222,038 issued to Christopher Bailey, Greenville, South Carolina. Assigned to Hubbell Inc., Shelton.
Method and apparatus for automatically processing job interruptions caused by a portable memory device with priority handling capabilities. Patent no. 10,223,051 issued to Muralidaran Krishnasamy, Tamil Nadu, India; Narayan Kesavan, Tamil Nadu, Inida; Raj Kumar, Tamil Nadu, India; Karthikeyan Devaraj, Tamil Nadu, India; Dipta Chatterjee, Tamil Nadu, India; Siva Perumal, Port Blair, India. Assigned to Xerox Corp., Norwalk. Method and systems for airflow control. Patent no. 10,221,798 issued to James Robert Mischler, Girard, Pennsylvania; Luke Michael Henry, Erie, Pennsylvania; David Zielinski, Erie, Pennsylvania. Assigned to GE Global Sourcing LLC, Norwalk. Mission parameterization system. Patent no. 10,223,922 issued to Garrett Pitcher, Cheshire; Mark D. Ward, Milford. Assigned to Sikorsky Aircraft Corporation, Stratford. Mobile speaker system for virtual reality environments. Patent no. 10,225,656 issued to Sven Kratz, San Jose, California; Adam Boulanger, Palo Alto, California; Joseph Verbeke, San Francisco, California; Stefan Marti, Oakland, California. Assigned to Harman International Industries Inc., Stamford. Providing a log of events to an isolated user. Patent no. 10,255,510 issued to Davide Di Censo, San Mateo, California; Stefan Marti, Oakland, California. Assigned to Harman International Industries Inc., Stamford. Pulsing pressure waves enhancing oil and gas extraction in a reservoir. Patent no. 10,221,665 issued to Michael J. Parrella, Weston. Assigned to GTherm Energy Inc., Westport. System and method for cooling power electronics. Patent no. 10,225,961 issued to Henry Todd Young, Erie, Pennsylvania; Sean Patrick Cillessen, Lawrence Park, Pennsylvania. Assigned to GE Global Sourcing LLC, Norwalk. System for an exhaust gas aftertreatment system and support structure. Patent no. 10,221,756 issued to Nathan Synnott Music, Erie, Pennsylvania; Taylor Duane Gray, Erie, Pennsylvania. Assigned to GE Global Sourcing LLC, Norwalk.
Send resumes to Sandra.DiCairano@worldquant.com; ref job title in subject line.
FCBJ
MARCH 11, 2019
27
CELEBRATING MORE THAN A DECADE OF RISING STARS Nominate a candidate (perhaps yourself!) who fits the description of a young (25 or over and under 40), dynamic industry leader who is part of the county’s business growth. Candidate MUST work in Fairfield County and have not previously won the competition.
June 11 • 5:30 - 7 p.m. NOMINATE: westfaironline.com/events DEADLINE: April 3 For information, contact: Tracey Vitale at tvitale@westfairinc.com. For sponsorships, contact: Marcia Pflug at mpflug@wfpromote.com or 203-733-4545. CHAMBER PARTNERS: Darien Chamber of Commerce | Fairfield Chamber of Commerce | Wilton Chamber of Commerce | Greater Norwalk Chamber of Commerce | Greater Valley Chamber of Commerce | Ridgefield Chamber of Commerce | Westport-Weston Chamber of Commerce | Greater Danbury Chamber of Commerce | Greenwich Chamber of Commerce | Bridgeport Regional Business Council
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