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FAIRFIELD COUNTY

BUSINESS JOURNAL

YOUR only SOURCE FOR regional BUSINESS NEWS | westfaironline.com

FCBJ TODAY In the field: Post University adopts Mac Baldrige name for B-school … 2 Editorial: “ridiculous” in the eye of the beholder … 4 A post-crash course in everything you need to know about saving money and setting goals … 7 Better days ahead for retail and hospitality? 8 Gold coastal property: “international stock fund manager of the year” moves HQ to Stamford … 9 Survey: manufacturing rebound won’t happen overnight … 11 Special report: the biggest thing since the PC to hit enterprise computing? … 17 Generating Pinterest in a business … 18

Also …

“There’s a world of hurt out there.” 5

MEDIA PARTNER

September 17, 2012 | VOL. 48, No. 38

Panel readies report on business tax BY ALEXANDER SOULE

asoule@westfairinc.com

A

s a task force on business taxes readies for a Sept. 27 meeting to publish its final report and recommendations to Gov. Dannel P. Malloy, panelists continue to wrestle with how to make Connecticut’s tax credits available to a wider pool of businesses and how to eliminate some that are little used but have helped certain companies expand. “We started very much with tax benefits and tax credits,” said Catherine Smith, a task force member who is commissioner of the Connecticut Department of Economic and Community Development. “That led us into places that you might not normally think of as being a part of a task force looking at business taxes.” The governor had input during the final weeks of the process, according to Kevin Sullivan, commissioner of the Connecticut Department of Revenue Services. He said the final document is intended as a general roadmap of ideals to assist lawmakers over the next six years, rather than an exhaustive accounting of immediate and specific changes to the tax code. One specific recommendation is being made with an eye on potentially capturing revenue from entities outside Connecticut that sell here, whether online or through other channels: the panel is recommending that the state require all companies to pay a $120 fee to transact business here. The Panel readies, page 6

Steven Berko and Andrew LaSala stand on the porch of one of the last structures to be finished.

Summerview nearing completion BY JENNIFER BISSELL

jbissell@westfairinc.com After roughly three years of phased construction, Summerview Development Group L.L.C. of Wilton has begun construction on the last 10 buildings of its 63-unit townhouse com-

munity in Norwalk. The development has been well received by the community and supported by city officials. More than 60 community members, including Norwalk Mayor Richard A. Moccia, were Summerview, page 6

PE firm acquires Parfums de Coeur BY PATRICK GALLAGHER

pgallagher@westfairinc.com

Y

ellow Wood Partners L.L.P. on Sept. 5 announced the purchase of Darien-based Parfums de Coeur in an auction, marking the private equity firm’s first major acquisition since establishing a $225 million fund in January. Founded in 2009 with offices in Irvington, N.Y., and Boston, Yellow Wood bought the massmarket fragrance company, whose products

include the brands Body Fantasies, Designer Imposters and BOD Man, from owner Mark Laracy for an undisclosed price. Dana Schmaltz, a Yellow Wood founding partner, said Parfums de Coeur’s growth prospects and strong shelf presence among major retail chains made it an ideal investment, given the private equity firm’s emphasis on the consumer packaged goods industry. “When we see a business that’s growing

Gloomy optimism • 3

PE firm, page 6


Post U. business school adopts Baldrige name IN THE FIELD In brief Post University is naming its business school after Malcolm Baldrige, secretary of commerce under President Ronald Reagan and for whom a noted quality improvement program is named. Post University will annually award two full scholarships in Baldrige’s name to students studying business at its main campus in Waterbury. Baldrige previously led Waterbury-based Scovill Inc. and was a trustee of Post College from 1966 to 1970. Two years after his 1987 death during a rodeo event, Baldrige was inducted into the Pro Rodeo Hall of Fame. In 1988, Reagan bestowed posthumously on Baldrige the Presidential Medal of Freedom. Congress passed the Malcolm Baldrige National Quality Improvement Act in 1987 to spur organizational excellence, with local awards bestowed to companies annually by the Stamford-based Connecticut Quality Improvement Award Partnership Inc. Past CQIA recipients include Post University itself for its online MBA degree program. “We believe the Baldrige name will further inspire our students to become innovative and focused business men and women capable of improving organizational effectiveness and sustainability,” said Don Mroz, dean of the new Malcolm Baldrige School of Business. “Each of our programs is designed to prepare students to become ethical business leaders who can respond to today’s marketplace demands, as well as create tomorrow’s business realities.”

FuelCell losses rise Connecticut pushed back to 2014 a “sunset start date” for a 15-megawatt power plant in Bridgeport to be powered by fuel cells from Danbury-based FuelCell Energy Inc. The company expects the project to break ground later this year. “It’s about a $70 million project,” FuelCell CFO Michael Bishop said in a conference call. “The lion’s share of these costs will be incurred in 2013 as plants are built and the site is constructed. We’re in active discussions right now to finance the project.” FuelCell Energy’s loss increased to $10.5 million in the second quarter as revenue fell 5 percent despite an ongoing contract to provide fuel cell power plants for a South Korea utility. FuelCell revenue totaled $29.7 million in the second quarter down from $31.2 million a year earlier when it lost $7.5 million. During the quarter, FuelCell’s biggest

customer, POSCO Energy, invested $30 million in the company, also asking for accelerated deliveries of an existing order. POSCO is also FuelCell’s biggest stakeholder, with 17 percent of its shares as of July.

New route proposed for high-speed rail Researchers at the University of Pennsylvania have proposed an alternative route for high-speed rail that would bypass western Connecticut altogether, in favor of a tunnel across Long Island Sound from New Haven. Amtrak is currently visualizing a Northeast high-speed rail line running from Hartford through Waterbury, Danbury and Westchester County, N.Y., on the argument building one along Connecticut’s coastal population centers would be too expensive. Penn researchers say a Long Island Sound crossing would be cheaper yet, envisioning a line running from Worcester, Mass. southwest past the University of Connecticut and Hartford to New Haven, emerging in Terryville, N.Y. near SUNY Stony Brook and servicing John F. Kennedy International Airport.

J&J to pay $181M in Risperdal settlement Connecticut is receiving $3.6 million as part of a $181 million settlement by Johnson & Johnson, settling legal action by 36 states over its marketing of the Risperdal antipsychotic drug. New Jersey-based Johnson & Johnson said it agreed to the settlement to avoid a prolonged legal process, and did not admit to any wrongdoing. The states’ complaint alleged that J&J subsidiary Janssen Pharmaceuticals promoted Risperdal to treat Alzheimer’s disease, dementia, depression and anxiety, even though the U.S. Food and Drug Administration had not approved the drug for these purposes.

17th-ranked Alexion Pharmaceuticals Inc., which plans to move its headquarters from Cheshire to New Haven. The top company on the list is based in Vancouver, British Columbia: Silver Wheaton, which buys silver ore mined as a byproduct by companies focused on other minerals.

CEO of ATM-service sentenced in thefts A Trumbull man was sentenced to more than three years in prison after concocting a plan to steal nearly $5 million from ATMs his company was hired to service by a Rhode Island bank. Joseph Sarlo, 56, was CEO of Branfordbased New England Cash Dispensing Systems Inc. (NECDS) According to the office of U.S. Attorney David Fein, NECDS negotiated a deal with Cranston, R.I.-based Domestic Bank to operate standalone ATMs at convenience stores and other commercial establishments throughout the region. Along with Branford resident John DeMilo, 44, Sarlo had extra cash ordered from Domestic Bank to stock ATMs that should have been filled with NECDS cash, while covering up the subterfuge for several years. Two others have pleaded guilty in the case.

Sikorsky mothballs Texas site Sikorsky Aircraft Corp. reportedly is closing a military helicopter retooling facility in Texas, after having moved it there from Florida in 2006. As of a year ago, Stratford-based Sikorsky employed more than 300 people in Beeville, according to the Corpus Christi Caller Times, but today that number has dwindled to about a dozen employees and several subcontractors. Separately, Poland reportedly plans to spend $900 million on new helicopters, with Sikorsky an expected bidder with the manufacturer maintaining its international production facility in Poland.

Fortune cites Priceline’s growth Priceline.com Inc. was the only Fairfield County company to land on Fortune magazine’s list of the 100 fastest-growing corporations in the country, ranked 14th overall. Fortune restricts the list to companies with shares trading on a U.S. exchange with a market cap of at least $250 million, with a stock price above $5 a share and annual revenue and profits exceeding $50 million and $10 million, respectively. The publication ranks companies according to the sum of their average annual percentage growth in revenue, earnings and total return through June 2012. Norwalk-based Priceline had a total return of 81 percent, with revenue up a third annually on average and profits up nearly two-thirds. That was enough to edge out

Connecticut metal company expands to central N.Y. Bridgeport-based Bushwick Metals L.L.C. will be acquiring a Binghamton, N.Y., steel service center and fabrication shop. Tarco Steel Inc. and Metal Fab L.L.C., founded in 1970, offer a number of steel products and value-added services to energy, manufacturing, steel fabrication, construction and maintenance industries in central New York and northeast Pennsylvania. “Expanding into central New York will accelerate Bushwick Metals’ growth in this region through increased service and more robust inventory levels,” said Stewart Lichtman, Bushwick Metals commercial vice president, in a press release.

N.J. biotech takes lease in Branford Durata Therapeutics Inc. is leasing nearly 18,000 square feet of space in Branford, which it plans to use for research, clinical and regulatory functions. Morristown, N.J.-based Durata is fresh off a July IPO, as it progresses with Phase 3 clinical trials for its lead drug candidate to treat patients with acute bacterial skin and skin structure infections. The company is in the process of moving corporate functions to Chicago. The company did not state whether it has received incentives from the state of Connecticut to establish the Branford location, with Gov. Dannel P. Malloy promoting a “BioScience Connecticut” initiative to spur life sciences activities.

F&S manager sentenced The former president of defunct F&S Oil was sentenced to nine months in prison, after pleading guilty to attempting to defraud Citizens Bank of $3.7 million. Waterbury-based F&S’ collapse left customers in the lurch who had prepaid for home heating oil deliveries. Fairfield resident Christopher T. Carr, 56, also will receive another nine months of home confinement following his release. According to the office of U.S. Attorney David Fein, in 2007 F&S Oil sought to construct a biodiesel plant to produce heating oil with better margins than that provided by simply purchasing heating oil from third parties. F&S Oil funded the construction primarily through a line of credit with Providence, R.I.-based Citizens, as well as cash from the prepayment of oil contracts by customers. Carr and others defrauded Citizens Bank into further extending funds under the line of credit by repeatedly overstating F&S Oil’s accounts receivable and inventory.

Study: 3,300 Indian Point jobs at stake A new report on the future of Indian Point commissioned by The Business Council of Westchester warns the plant’s closure could result in more than 3,000 jobs lost and more than $11.5 billion in lost economic output in the downstate New York region over a 20-year period. The report, authored by Howard Axelrod, president of Albany, N.Y.-based consulting firm Energy Strategies Inc., also concludes that electricity rates would increase by 6.3 percent for downstate New York consumers, should Indian Point be replaced by an equivalent amount of natural-gas generation, which would result in consumers paying $374 million more in electricity costs annually. – Jennifer Bissell, Patrick Gallagher and Alexander Soule

2 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


RDS_FCBJad_Aug_12_140Sherman:RDS_FCBJad_Aug_12_140Sherman

Gloomy optimism among Connecticut businesses

BY JENNIFER BISSELL

jbissell@westfairinc.com

A

s the economy slowly recovers, business confidence remains fragile in Connecticut, according to a new survey by the Connecticut Business & Industry Association (CBIA). About 59 percent of companies recorded a net profit in 2011 but 57 percent expect to see a profit in 2012, according to the annual survey. “It shows there’s still a strain out there,” said Tom DeVitto, BlumShapiro chief marketing officer, who helped compile the report. “We’re improving but we still have a ways to go from what we’ve seen in previous surveys.” CBIA, in partnership with BlumShapiro, an accounting, tax and business consulting firm, released the 2012 Survey of Connecticut Businesses at CBIA’s Connecticut Economy conference in Rocky Hill Sept. 7. They received input from 580 Connecticut businesses. On job creation, 43 percent of businesses surveyed added or had planned to add new full-time jobs in 2012 and 44 percent said they plan to hire more employees in 2013. In terms of innovation, in the past 12 months, 50 percent of businesses have introduced a new product or service and 55 percent plan to do so within the next 12 months. “Overall it’s good news,” said Peter M. Gioia, CBIA vice president and economist. “But there’s a lot of concern … Is another shoe going to drop?” The top business concerns in 2012, according to the survey, included national economic uncertainties (25 percent), Connecticut’s economy (24 percent), tax increases (14 percent), lack of jobs in Connecticut (10 percent), international economic uncertainties (10 percent), and cost

of compliance with state or federal regulations (9 percent). Discussing ways to grow Connecticut’s economy, a panel of economists at the conference agreed educational efforts in the state are vital. The unemployment rate is exceeding 7 percent but 48 percent of surveyed businesses said it’s difficult to find qualified employees to fill open jobs. The most common characteristics among those unemployed are being young, a minority and without a college or high school degree. “That’s an enormous loss for the human population,” said panelist Susan Coleman, professor of finance at the University of Hartford. “We desperately need young talent. We can’t afford to waste people.” To create a more skilled future work force, the panelists suggested funding prekindergarten education and creating alternative education environments for students at risk. “Investing in education is always a good investment,” said panelist Alissa DeJonge, director of research at the Connecticut Economic Resource Center, Inc. In previous surveys, Connecticut’s skilled labor market has been consistently cited as one of the state’s biggest assets, along with its high quality of life and proximity to major markets. This year, however, only 30 percent of respondents agreed the labor pool was an asset, down from 50 percent last year. Along with the evaluation of the labor pool, opinion of the general business environment also declined, with 69 percent of respondents reporting a somewhat or very negative opinion of the state. Additionally, one in three businesses say they are considering relocating into another state within the next five years and nearly one in three have been approached by other states about relocating.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012

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Page 1


PERSPECTIVES

Getting to the point

“I

’m here to talk about America’s choice in this election, so let me get right to the point,” said Gov. Dannel P. Malloy in addressing the Democratic National Convention earlier this month. “Mitt Romney has said that if he was president and Paul Ryan’s budget passed, he would sign it into law. That’s what he said, so let’s talk about what it would mean.” For Malloy, it means the end of guaranteed Medicare health coverage for millions of senior citizens; jeopardized Medicaid coverage for millions of children and people with disabilities; education slashed 20 percent; and a litany of other social woes. “All these cuts are being done so Romney can give a tax cut of $265,000 to your average millionaire and continue billions of dollars in subsidies for Big Oil,” Malloy told the convention. “We Democrats have nothing against people who’ve earned their wealth. We salute their hard work and good fortune. But slashing what we invest in schools, in roads, in research and development, in clean energy and in the things that protect our most vulnerable just to cut taxes for those at the top is ridiculous.” We’ll get to the point as well: how those words ever worked their way out of Malloy’s mouth into a microphone – on the heels of his awarding the mega-rich Bridgewater Associates L.P. $115 million in state support to build a new headquarters in Stamford, and other instances of

corporate welfare on his watch – is frankly a little ridiculous as well.

We happen to believe Malloy has been a responsible steward for the state budget and an energetic promoter of Connecticut as a place to grow a business. Yes, he raised spending and taxes, but he gave a solid justification and we have yet to see evidence it has had any discernible, detrimental effect on the local economy. Malloy correctly justifies the Bridgewater tax breaks on the years of economic activity and state revenue that it will generate, and by extension support for things like schools and infrastructure; in fact, Romney justifies his own tax incentives for the wealthy on economic grounds, arguing it will spur investment and so jobs. Perhaps it was only a coincidence that ESL Investments moved its headquarters from Greenwich to Miami the year after Malloy raised taxes. But it was Malloy’s own revenue commissioner who suggested

this month that there is a definite correlation between Connecticut’s estate and gift taxes – also stiffened by Malloy – and wealthy taxpayers moving their primary residence from Connecticut. We happen to believe Malloy has been a responsible steward for the state budget and an energetic promoter of Connecticut as a place to grow a business. Yes, he raised spending and taxes, but he gave a solid justification and we have yet to see evidence it has had any discernible, detrimental effect on the local economy. If we have lost ESL and a few other companies, we have gained others. And Malloy has made a dent in the “unfunded mandates” Connecticut faces years down the road, if he has a lot more work on that front left in his years in office. When New Jersey Gov. Chris Christie stated in his Republican National Convention keynote speech that “our leaders of today have decided it’s more important to be popular, to say and do what’s easy, and say yes rather than to say no, when no is what is required” – he was not referring to Malloy, who accurately described himself this month saying, “Oh hell, I bang heads with everybody.” We understand it’s the time of year when Democrats bang heads with Republicans, and vice versa. Just a little advice for the governor – ridiculing tax breaks for the wealthy from a perch from which you disburse such breaks yourself essentially sets up your own opponent in two years’ time to ridicule you.

On to Round Two Strangely enough, we did not find it as scary as some that our Fifth District Congressman could not keep his mind sufficiently focused in 2007 to remember that he had a mortgage, and make the payments. After all, U.S. Rep. Chris Murphy serves in the Beltway where forgetfulness is an art form – at least when it comes to the lessons of the past. A JPMorgan Chase & Co. Inc. affiliate reportedly initiated foreclosure proceedings on Murphy’s Cheshire home in 2007, months after he won election to the U.S.

House of Representatives and subsequently served on the House Financial Services Committee. Murphy, the Democratic nominee for the U.S. Senate, had not previously disclosed the foreclosure action, which ended in an out-of-court settlement according to the Hartford Courant. A spokesman told the newspaper Murphy and his wife “inadvertently missed a couple of mortgage payments” while merging their finances. Plenty of fodder for Linda McMahon, who Murphy trailed in a Quinnipiac

University poll of likely voters on the eve of the newspaper’s revelations. “We all make mistakes and we all struggle,” McMahon stated on her website. “But while the rest of us pay for our misdeeds, career politicians like Congressman Murphy, their fat cat campaign contributors and a complicit media play by a different set of rules.” And that’s just Round One. If Murphy wins, Republicans can take heart thinking how much fun McMahon vs. Malloy might be in two years’ time.

FAIRFIELD COUNTY

BUSINESS JOURNAL • Main office telephone. . . . . . . . (914) 694-3600 • Newsroom fax. . . . . . . . . . . . . . (914) 694-3680 • Sales fax. . . . . . . . . . . . . . . . . . . . (914) 694-3699 • Research fax. . . . . . . . . . . . . . . . (914) 694-3682 • Editorial e-mail. . . . . casoule@westfairinc.com Or write to: Fairfield County Business Journal 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 www.westfaironline.com Publisher • Dee DelBello Managing Editor • Bob Rozycki

News

Fairfield County Bureau Chief • Alexander Soule Editor, Digital Content • Jessica Mola Reporters • Jennifer Bissell • Patrick Gallagher • John Golden • Janice Kirkel • Mary Shustack • Zoë Zellers

Advertising Sales

General Manager • Dennis Connaughton Advertising Director • Richard Free Account Managers • Konstantine Wells • Dan Vierno Publications Manager • Michael Berger Programs and Projects Coordinator • Beverly Visosky

Production

Senior Art Director • Caitlin Nurge Harrison Art Director • Dan Viteri Manager of Digital Media • Sinéad Deane

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Director • Alissa Frey Director, Circulation • Holly Gallicchio Director, Events • Linda Cady Assistant Circulation Manager • Kristina Cook Circulation Representative • Marcia Rudy Research Reporter • Elizabeth Beneke

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Chief Operating Officer • Michael Gallicchio Office Manager • Sylvia Sikoutris

Fairfield County Business Journal (USPS# 5830) is published Weekly, 52 times a year by Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. Application to mail at Periodicals Postage rates is pending at White Plains, NY, USA 10610. POSTMASTER: Send address changes to: Fairfield County Business Journal: Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. More than 40 percent of the Business Journal is printed on recycled newsprint. © 2012 Westfair Communications Inc. All rights reserved. Reproduction in whole or in part without written permission is prohibited

Have your say

The Business Journal welcomes letters to the editor and opinion columns. Submissions must include the writer’s name, home or business address, email address and telephone number for verification purposes. The Business Journal reserves the right to edit submissions for accuracy, style and space considerations. Email submissions to casoule@westfairinc.com. Submissions may appear in print and online.

4 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


Connecticut receives mortgage-settlement money faster than anticipated jbissell@westfairinc.com

M

ore Connecticut borrowers are seeing mortgage relief faster than expected since the $25 billion national mortgage foreclosure settlement took effect in April. The state was slated to receive roughly $150 million of debt relief within three years, but an interim progress report shows that the state is on track to surpass the goal by the end of the year. “There’s a world of hurt out there,” said Connecticut Attorney General George Jepsen, who is on the settlement’s monitoring committee. “Several thousand people who would have lost their home(s) will be protected.” To ease the housing crisis and stop foreclosure abuses, the settlement requires the five largest mortgage servicers to provide at least $17 billion in financial assistance to borrowers nationally. Bank of America Corp., Citigroup Inc., Ally Financial Inc., JPMorgan Chase & Co. Inc. and Wells Fargo & Co. agreed to the settlement with 49 states and the federal government. Government entities are currently trying to extend the agreement to the next nine lenders in size as well. “Not everyone will qualify for relief,” Jepsen said. “And they’re the true victims in the financial collapse.” As of June 30, about 1,000 Connecticut homeowners received a total of $65 million in debt relief in the form of first and secondlien modifications, refinancing, forbearance for unemployed borrowers or short sales of their homes. The average relief for a homeowner was $63,000. Additionally, another $82 million was in the pipeline as of June 30 for 800 more borrowers to receive loan principal forgiveness. Through aggressive event planning and public service announcements, the state has been ahead of the curve in receiving its share of the settlement dollars, Jepsen said. He expects the state will surpass the state’s goal amount. Gov. Dannel P. Malloy, the Department of Banking and the attorney general’s office

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have hosted daylong mortgage-servicing events, where mortgage borrowers and holders were able to meet face to face in Bridgeport, Hartford and Storrs. With the proper documentation present, borrowers received on-the-spot debt relief. The events have become a model for other states. Jepsen said after one serving event a man approached him saying that in just two hours, he had accomplished more than he

AV T Ai rA LA d BL in E G im Su m iT Ed ES iA TE LY

BY JENNIFER BISSELL

had in a year of back-and-forth phone calls. About $4 billion went to state governments in the settlement, which gives the states the resources to fund housing counselors, legal aid and other assistance for homeowners, including payments for those who have experienced servicing abuse. Nationally, about 137,800 people have received debt relief so far, totaling $10.6 billion. Another $6.9 billion as of June 30

was scheduled to be forgiven for 60,000 borrowers. “This will help put a whole foundation under our real estate market,” Jepsen said, “which will affect everybody in the state.” Housing is a major investment for most people, he said, and until the housing market has recovered, consumer confidence won’t be at the levels needed for the rest of the economy to recover.

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012

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SUMMERVIEW — From page 1

expected to attend the development’s “topping off” ceremony Sept. 13. “Topping off” is a tradition in which construction workers hoist a flag at the top of the completed structure to signify that the ending phases of construction are in effect. All of construction is expected to be finished in the fall of 2013. Though the development group is already planning its party for when they’ve completely finished, the group isn’t planning any final goodbye parties. “We’re looking to expand our presence in the city of Norwalk, both from a development side and construction management

PE FIRM — From page 1

very nicely that also has a very attractive consumer proposition, that’s what got us excited,” he said. After conducting market research and meeting with Laracy and Parfum de Coeur’s management team, Schmaltz said Yellow Wood decided to participate in the auction. “We knew they were doing very good business at Walmart and we extrapolated that to the other retailers” Yellow Wood surveys, Schmaltz said. “We looked at the business, we liked the shelf space, we liked the product, and we thought the product had a very compelling proposition to consumers … Disposable income being what it is, this product is very compelling to those lowerincome consumers.” Global investment bank Houlihan Lokey acted as exclusive financial advisor to Parfums de Coeur, with Seward & Kissel L.L.P. serving as the fragrance company’s legal counsel. Fried, Frank, Harris, Shriver & Jacobson L.L.P. served as legal counsel for Yellow Wood.

side,” said Andrew LaSala, Jr., Summerview director of development. “We’re getting encouraging feedback from the city. This has really been a great story.” Before the privately funded development project began, many of the scattered buildings and homes in the neighborhood were old and abandoned. Now the neighborhood is filled with brand-new, moderately priced, energy-efficient homes. Additionally, the retail community surrounding the homes has blossomed with remodeled, new and expanded businesses. Each of the four phases of townhomes is designed in a different style, emulating the buildings that previously stood on the same ground. The final fourth construction phase includes 32 units. “This is the kind of place where I feel

lucky to come to work everyday because of the support,” LaSala said. “A lot of places you work, there’s a lot of opposition.” The rental rate for a townhouse in Summerview Square ranges from $1,500 for a one bedroom to $2,700 for a three-bedroom home. When units are vacated, it takes two to three days to rent them. Because of the steady demand, the development has been able to raise rent 20 percent since opening its first phase in the summer of 2010. But the development’s success isn’t unusual for rental units right now. Nationally, apartment vacancies dipped below 5 percent for the third time in more than 30 years in the second quarter of 2012, according to real estate research firm Reis. Additionally, home prices in Connecticut have fallen 16.1 percent over the last five years, making transient employees in the area more likely to rent than saddle themselves with a home that might depreciate in value. In fact, the average household income for the units is $100,000, with several renters’ incomes over $200,000. The residents of the community include three young GE executives sharing a townhouse, a hedge fund executive who commutes to New Hampshire on the weekends and a Dunkin’ Donuts IT manager. “It’s like living in your own home and a lot of people are hesitant to buy a house right now because of the nature of the market in Fairfield County,” LaSala said. “It’s been a great story that demonstrates how investing in a community can revitalize a whole part of a town.

The current management team will remain in place at Parfums de Coeur, with Yellow Wood founding partner Peter Mann named chairman. Yellow Wood was formed by Mann, former chairman and CEO of Irvingtonbased consumer products company Prestige Brands Holdings Inc., and Schmaltz, who was previously president of Boston private equity firm J.W. Childs Associates L.P., with the goal of “taking the road less traveled in private equity.” “The difference is really how we set it up. We’re a private equity firm but we’re composed mainly of operating executives. It’s not just composed of CEOs” and other C-level executives, Schmaltz said, but of sales, marketing, finance and logistics veterans. “We think our biggest differentiator is we bring that functional expertise to the diligence process.” After acquiring companies, Schmaltz said, “We can help their management teams in those specific functions.” In the case of Parfums de Coeur, Yellow Wood hopes to work with the current management team to expand sales beyond

the U.S. to Mexico and Canada, while also boosting marketing efforts and improving supply-side logistics, Schmaltz said. Yellow Wood’s portfolio previously included Blacksmith Brands Inc., which it formed in 2009 with the purchase of five brands from Johnson & Johnson and which was sold in 2010 to Prestige Brands after achieving roughly 50 percent sales growth. With fundraising for a $225 million pool concluding earlier in 2012, Yellow Wood hopes to make investments ranging from $10 million to $80 million in consumer products brands or companies. The fund, which includes five investors, will allow Yellow Wood to acquire businesses with a combined enterprise value of about $1 billion over the next three to five years, the company said. Schmaltz said Yellow Wood hopes to grow Parfums de Coeur through generic sales as well as through acquisitions. Other areas the company is exploring include the over-the-counter drug industry, the vitamin and minerals supplements sector, and the packaged foods business, he said.

PANEL READIES — From page 1

$120 surcharge will also replace a $250 “business entity” tax for which Sullivan estimated half the small businesses in the state have been delinquent in paying. The panel has not revealed any revenue projections such a rule would raise for the state. While some have called for a cap on tax credits awarded by the state, Sullivan said that would be difficult because many credits are available to all businesses that qualify, and are taken at the time those companies pay their taxes. Any cap would open the possibility of the state having to inform businesses after filing that the credit they had claimed was no longer available due to other companies beating it under the wire. Multiple task force members said any restriction of existing tax credits could hit the confidence of companies that have expanded on the expectation of collecting – and those watching. In 2009, nearly 3,750 companies claimed credits off their corporate taxes valued at $129 million, down from about 4,100 credits for $137 million in 2008. The average tax credit award has doubled from 2002 to nearly $35,000 today. “When the larger employers put a tax benefit on the books, if a change in law retroactively changes that, then they have to book an expense,” said Julie McNeal, director of finance and operations for the Connecticut Society of Certified Public Accountants. “If the credits are cut, there is an effect that hits the books, hits the costs, the value of the company.” Others argued, however, that businesses should expect the state to reform the tax code on an ongoing basis – not to make their lives harder, but to streamline where possible and adjust revenue where necessary, whether up or down. “You do want to be clear and consistent and yet, the world changes and taxes need to change,” said Steve Lanza, a University of Connecticut economist. “All change is not bad … The way to resettle business expectations is to adopt a process that is acceptable to all stakeholders.” But there are limits, Sullivan said. “If every year is open season on everything, it is hard to get a sense of clarity, consistency and stability,” Sullivan said. “While the legislature has every right to exercise its authority … there is an unsettling nature to the way that is ‘shotgun’ rather than focused. “Good times, cut taxes – bad times, raise taxes,” Sullivan added. “What you get is this great rollercoaster that doesn’t match particularly with the realities of the economy that it’s responding to.”

6 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


Connecticut Money School launches ‘Financial Avenue’ BY PATRICK GALLAGHER

pgallagher@westfairinc.com

T

he Connecticut Association for Human Services (CAHS) recently announced the launch of Financial Avenue, a free, web-based financial education tool to complement its Connecticut Money School program. Through the Money School, founded in 2009, CAHS and its partners have offered adults free financial literacy seminars on topics ranging from taxes to budgeting to the basics of banking and credit. The Money School (CMS) is a partnership of CAHS and FSW Inc., based in Bridgeport; New Life Corp. based in New Haven; Co-opportunity Inc., based in Hartford; the United Way of Connecticut 2-1-1, based in Rocky Hill; and the Agency on Aging of South Central Connecticut, based in New Haven. Financial Avenue was formed with the help of a $25,000 grant from First Niagara Bank Foundation, the charitable arm of First Niagara Financial Group Inc., in hopes of providing a virtual tool for those who are unable to attend the in-person CMS seminars, which are held several times

each month in the Bridgeport, Danbury, New Haven, Norwalk and Stamford areas, among other parts of the state. CMS manager Janet Hanscom said Financial Avenue is the result of nearly six months of planning and has already drawn interest from across the state. “It’s almost like taking a crash course in everything you need to know about saving your money and setting goals and making it all work for you,” Hanscom said. “The reason we looked into this type of tool was to broaden our scope.” Hanscom said more than 3,000 people have participated in CMS programming to date. With residents across the state and the country still struggling under the weight of student loans, credit card debt and mortgage payments, Hanscom said the creation of Financial Avenue is an important step in helping residents understand their financial options and resources available to them. “By educating people we really want to give them the confidence to make sound financial choices and change that behavior,” she said. “If they have some issues

with credit, maybe they don’t understand how to interpret a credit report or maybe they got themselves in a little bit too much debt, we can help them figure out what they need to understand.” Hanscom said the program is a “winwin” for banks such as First Niagara. Paul McCraven, First Niagara’s senior vice president of community development, said promoting increased financial know-how is important both for the bank itself and the community. “We want to, as a financial institution, help people improve their financial position,” McCraven said. Additionally, he said, “From the bank’s perspective, we want to connect with the community. You’re always looking for new customers and people see what you’re doing out there in the community and that helps … and then we want our customers to be knowledgeable.” Notably, First Niagara has built up its presence in Fairfield County over the last year and a half with major acquisitions involving HSBC Bank USA branches and NewAlliance Bank branches located across southern Connecticut.

FAIR ARGUMENT “What people in Connecticut want … is for us to work together, (to) put aside Republican and Democrat labels and rhetoric and come together to reduce the deficit, to raise revenue – it has to be a balanced approach – and to compromise … I think that things can change and they must change.” – U.S. Sen. Richard Blumenthal, in FoxBusiness interview from the Democratic National Convention

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FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012

7


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“H

ow does a restaurant barely eight months old win this designation?” ask the editors of Connecticut magazine, in touting the new Darien Social Grill among the top six neighborhood eateries in the state. A good question, and one perhaps not entirely answered by the editor’s blithe summation “by doing a lot of things right.” Darien Social was one of 65 Fairfield County venues designated by Connecticut magazine editors as the “Best of Connecticut 2012.” Recipients ranged from chi-chi Greenwich Avenue and its myriad shops for splurge shopping, to Monroe’s gritty Lake Zoar Drive-In restaurant, home of the “Zoar burger” as well as Thursday night antique car, truck and bike rallies through October. The annual issue offers a major splash of publicity for the winners: “Best of Connecticut” features made up more than half of reader favorites on the Trumbullbased publication’s website in early September. The retail and hospitality industries remain a mixed bag entering the fall. Connecticut magazine’s Yardley, Pa.based parent Journal Register Co. filed for Chapter 11 bankruptcy protection, citing a 19 percent decline in print advertising over two years amid continued struggles for newspapers and magazines of all kinds. An affiliate of Alden Global Capital L.L.C. put in a stalking horse bid for Journal Register, with Journal Register operator Digital First Media allowed to consider other offers. As of July, Connecticut’s retail sector employment was up by 3,700 jobs from a year ago, a 2.1 percent gain, according to the state Department of Labor. Employment in the arts, education and recreation sector was up by 1,400 jobs for a 4.9 percent boost to lead all industries (accommodation and food services were up a more modest 2 percent). And in the first quarter, Connecticut saw a 25 percent spike in retail tax collections from a year earlier, albeit impacted by an increase in the sales tax rate (now the 11th highest in the nation), and a surge in revenue from taxes on clothing after the state eliminated an exemption on that front.

Where the action is If Danbury, Norwalk and Stamford are the epicenters of Fairfield County’s retail

sector, as determined by sales tax contributions from the cities’ big-box stores, shopping centers and malls, Westport is the runaway leader for upscale shopping and dining options. Connecticut magazine’s editors selected 20 establishments in the town, not to mention Main Street proper, which like Greenwich Avenue was noted as a destination shopping experience.

As of July, Connecticut’s retail sector employment was up by 3,700 jobs from a year ago, a 2.1 percent gain, according to the state Department of Labor. Employment in the arts, education and recreation sector was up by 1,400 jobs for a 4.9 percent boost to lead all industries.

Independent stores continue to withstand the onslaught of e-commerce and big-box competitors, even as Connecticut considers options for extracting sales tax from dot-coms that sell here. Amazon.com Inc. was the second fastest retailer in the nation, according to a Kantar Retail ranking in the August issue of STORES magazine published by the National Retail Federation (Kantar Retail has a consulting office in Wilton), with sales up 46 percent in 2010. The only company to top it was Suffern, N.Y.-based Ascena Retail Group, Inc., which runs dressbarn, founded in Stamford in 1962 and with a half-dozen stores in Fairfield County today. Employment at specialty stores easily outstripped that of general retailers in August, according to federal jobs data, with specialty store employment up 2.8 percent compared to 1 percent for general merchandisers. Independent, specialty retailers, products and restaurants are prized most in

8 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Doing a lot, page 12


Subway wraps Milford lease Gold coastal property In brief

Manhattan fund moving to Stamford Tweedy, Browne Co. L.L.C. is moving its headquarters from New York City to Stamford, where it is taking nearly 25,000 square feet of space at Metro Center beginning early next year. Tweedy, Browne was established in 1920 and manages some $14 billion in assets today, with its largest holdings including Nestlé, whose Nestlé Waters North American division is based in Stamford, and Diageo PLC, whose North American headquarters is in Norwalk. In the first half, the company’s flagship global value fund produced a 7.3 percent return, after dropping 4.1 percent last year. Despite the decline, Morningstar named Tweedy, Browne its international stock fund manager of the year, saying “its management team stood out for limiting losses in a brutal year.” Commercial real estate advisory firm Newmark Knight Grubb Frank assisted the company in its office search.

Insurer sets up Stamford satellite site The Guardian Life Insurance Company of America is establishing a Stamford office as a satellite to its New York City headquarters. It was the second time this week Malkin Properties announced a New York company had chosen one of its Stamford buildings for a new office, after investment manager Tweedy, Browne Co. L.L.C. announced it would move its headquarters to Metro Center. Guardian is taking 13,000 square feet of space at First Stamford Place.

Millward Brown consolidates at Merritt 7 Millward Brown took a lease on more than 50,000 square feet at Merritt 7 Corporate Park, along with the branding research company’s Firefly practice. Millward Brown is part of Kantar, itself owned by the WPP marketing agency. Millward Brown currently lists its main Connecticut office at 501 Kings Highway East in Fairfield, with Firefly housed at 274 Riverside Ave. in Westport. Millward Brown was assisted by commercial real estate services firm CBRE Group, Inc., in its search for new office space. Managed by Clarion Partners and Marcus Partners, Merritt 7 is among the largest office complexes in Fairfield County, with FactSet Research Systems Inc. and the Financial Accounting Foundation based there.

Subway is leasing 100,000 square feet of warehouse space at 500 Bic Dr. in Milford as a distribution center. Owned by Mountain Development Corp., the facility at 500 Bic Dr. totals more than 600,000 square feet of space, and is now 94 percent leased, with other tenants including Bic and Sikorsky Aircraft Corp. Coldwell Banker Commercial represented Subway in lease negotiations. Founded in Bridgeport in 1965, Subway, based in Milford, has 34,000 locations today.

Bridgeport Stop & Shop to close Stop & Shop Supermarket Company is closing a supermarket at 2600 Madison Ave., citing overall poor performance. The Massachusetts-based Ahold USA subsidiary has two other Bridgeport stores at 2145 Fairfield Ave. and 4531 Main St., and 21 others in Fairfield County among some 375 in the Northeast.

School to open at Matrix Center The Goddard School is opening a location at Matrix Corporate Center in Danbury, whose tenants include Praxair Inc. and Boehringer Ingelheim Pharmaceuticals Inc. It is the second Fairfield County location for King of Prussia, Pa.-based Goddard Systems Inc., which operates the early education franchise, in addition to a location in Brookfield. Both that center and the Matrix Goddard School are owned by Allison Dell. The Matrix location expects to enroll 140 children, and has reserved space to accommodate any future expansion.

SHIP lease in Stamford Stamford Hospital and Stamford Hospital Integrated Practices (SHIP) is leasing nearly 6,000 square feet of space at 80 Mill River St., with the space previously occupied by The Heart Physicians which was acquired by SHIP. Darien-based Signature Group L.L.C. assisted in the lease negotiations.

Case opened in Stamford

Doing Business in China What is your China strategy? On Thursday, October 11th, HSBC and the Westchester County Business Journal invite you to an exclusive panel discussion with the theme of Doing Business in China: Selling into the Chinese Market. More than 90% of the world’s top 500 companies are doing business in China. Exports from the United States to China grew 542% during the period from 2000 to 2011. So, if you’re not already doing business in China, you might be wondering why your’re not; and chances are, your competitors are already there. There are unlimited opportunities for business exppansion; however, sucessfully selling into the Chinese market can be extremely challenging. The Chinese consumer is unique in the world. As you consider selling into the Chinese market what challenges will you encounter? Should you be using sales arrangements with the Chinese Distributors? What options exist? How do I protect my proprietary assets? You will have to work really hard to earn their disposable income, but if you’re prepared and get the formula right, the efforts can be exceedingly rewarding.

Come hear from our panel of experts and learn how to launch your China strategy.

Andrea Ratay

Paul B. Elderberg Steve L. Henning Robbin Price MODERATOR

Andrea Ratay: Vice President, Senior Regional Trade Manager/ HSBC Trade and Supply Chain Division

PANELISTS Paul B. Elderberg: Partner, Fox Rothschild LLP, Attorneys at Law Steve L. Henning: Partner-in-Charge, Litigation and Corporate Financial Advisory Services, Marks Paneth & Shron LLP Robbin Price: Head Retail/Middle Market Foreign Exchange Desk, HSBC Bank USA, N.A.

HILTON, RYE TOWN

Case Concepts International purchased a 7,500 square foot office-condominium at 112 Prospect St. in Stamford, with the space once home to an American Red Cross office. Case Concepts makes cases for various medical and electronic devices, with the company currently listing an address at 76 Progress Dr. in Stamford. Case Concepts was represented by Vidal/Wettenstein Commercial Real Estate.

Registration / Breakfast: 8:00 AM Program: 8:30 AM - 10:00 AM

Koko works out Westport lease

$25 Per Person

Koko FitClub opened a location at the Fresh Market Shopping Center in Westport, which is own by Peter Buckley with the company billing itself as the only fully automated personal-training studio.

699 Westchester Avenue, Rye Brook, NY 10573

Thursday October 11, 2012 8:00 AM to 10:00 AM

Business without Borders is a Service Mark of HSBC USA Inc.

Please register online at:

www.westfaironline.com or contact Alissa Frey at 914-694-3699 ext. 3005 | afrey@westfairinc.com

– Patrick Gallagher and Alexander Soule FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012

9


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10 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


Manufacturers more confident about filling vacancies BY JENNIFER BISSELL

jbissell@westfairinc.com

F

ewer Connecticut manufacturers this year reported it was difficult to attract qualified candidates for job vacancies, according to results from the 2012 Survey of Connecticut Manufacturers compiled by U.S. Rep. Chris Murphy and Sen. Richard Blumenthal. Approximately 70 percent of respondents said it was difficult to fill open jobs with qualified employees, down from 87 percent the previous year. A total of 191 manufacturers responded to the survey. “This survey shows that Connecticut manufacturers are confident, can-do job creators – most planning to hire new workers and raise pay – but still struggling to find people with the right skills to fill positions,” Blumenthal said in a prepared statement. “The federal agenda must emphasize skill training and workforce development at our technical high schools and community colleges, so manufacturers can fill present and future openings.” The majority of respondents still found hiring difficult, but the nearly 20 percent decrease is reflective of the gradual progress the state has made with its education

initiatives, said Kathy Saint, president of the Bridgeport-based stamp manufacturing company Schwerdtle Inc.

Approximately 77 percent of respondents are confident in the financial future of their business and 52 percent said they expect to see an increase in gross revenues... “There’s a lot of good stuff going on to support manufacturers and our efforts to get skilled workers on board,” said Saint, who sits on a number of education business community advisory committees. “It’s definitely improving but the skills that we need aren’t just hatched overnight.” Today’s manufacturing jobs don’t require pushing a button anymore, they require custom engineer and design skills, among many other traits.

In last year’s jobs bill, Gov. Dannel P. Malloy allocated roughly $18 million to fund community college manufacturing programs in Bridgeport, Waterbury and Danielson. There’s a growing revitalization of apprenticeships, giving students more real-world experiences, and there have been competitive updates for technical high schools based on suggestions from the business community. Approximately 77 percent of respondents are confident in the financial future of their business and 52 percent said they expect to see an increase in gross revenues, according to the survey. These results were nearly identical to last year’s survey. “Connecticut manufacturers are confident about the future, and we share their optimism,” Murphy stated. “This report gives us the data we need to make the case for Connecticut manufacturing to policy-makers in Washington and across the country.”

To develop a skilled labor pool, Blumenthal has introduced the Pathways Back to Work Act, cosponsored by Murphy, and the Community College Innovation Act. The Pathways act would provide funding for low-income youth jobs and work-based training programs for unemployed and low-income adults. The Innovation act would provide community-based job training grants to modernize community colleges. With many regional job vacancies in the manufacturing industry, there are a number of programs for unemployed adults to received training to fill positions. But Saint emphasized the need to recruit the best students in school at a young age. “We need the smartest kids in school,” Saint said. “Students that like making things, working in multiple dimensions … We’ve started producing students who are well adapted to today’s market, but that’s still a transition that’s still progressing.”

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FAIR ARGUMENT “The economy is soft in general, which means there’s less freight than there would be otherwise. At the same time it’s a peculiar kind of situation because there is capacity. It’s not as tight as everyone says it is. We cover (truck) loads by noon, which a year ago we were covering … a lot of them by the end of the day and some rolling over to the next day.”

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DOING A LOT — From page 8

Fairfield County, carving out a unique place among the masses of big-box stores and strip malls that otherwise clutter city avenues. Urstadt Biddle Properties Inc. has a large number of both chains and specialty retailers in its Fairfield County shopping centers. In the third quarter, its core property portfolio was 91 percent leased, up “modestly” from the end of last year but still well below the 96 percent occupancy rate it historically has hit. Through the first nine months of the year, base rent revenue from Urstadt Biddle buildings was up 6 percent. “Overall we feel good about the direction of the leasing at most of our properties, although we do have three or four properties where the leasing environment coming out of the recession has been more challenging,” said Wing Biddle, president and chief operating officer of Greenwichbased Urstadt Biddle, in a review of the company’s third-quarter results. “We are encouraged to see an uptick in our … overall operating results this quarter as some of the leasing we completed in late

2011 and 2012 began to come on line without being offset by additional vacancies.”

What’s in store Some retail landlords will find temporary takers for space from “pop-up” stores, with Halloween costume stores already securing space at some shopping centers. All are looking with uncertainty to the coming holiday season. Of retail chains surveyed in the past several weeks by Philadelphia-based Hay Group, 75 percent expect an increase in holiday sales and the vast majority expect to hire at least as many employees as last year, with more than a third saying they will boost their 2011 hiring. Retailers are also increasing their focus on permanent employees, with 43 percent indicating they will have more permanent workers and fewer seasonal workers this year. With renewed confidence and a bullish outlook for 2013, retailers want to retain more workers beyond the holiday season. Four in 10 retailers will launch holiday promotions in October this year, though half say they will cut back on discounting

this year. “One of the lessons learned during the downturn was that stores need to be able to respond more quickly to shifting market conditions and consumer preferences,” said Maryam Morse, an executive of Hay Group’s retail practice, in a prepared statement. “Now inventory is better managed, the supply chain is more effective and retailers have a clear plan for promotions to move the merchandise. With sales improving, retailers are placing more emphasis on retaining and rewarding employees and identifying career paths,” Morse said. It all comes down to shoppers, of course. In August, The Conference Board3 Inc., a New York City-based independent business membership and research association, reported its consumer confidence index hit its lowest point since the previous November, in part due to continued apprehension about their job prospects. And the National Federation of Independent Business reported this month that consumer spending slowed midyear, with one in five companies citing weak sales as their biggest business problem.

FAIR ARGUMENT “The nature of elected government is that we elect people to make choices. We can’t expect them to set up an environment, which will be choicefree … (but) we want to reduce the opportunity for idiosyncratic, inappropriate risk-taking by betting on a single company because it has a great brochure.” – Chris Bruhl, Business Council of Fairfield County, Stamford

12 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


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Bridging children and the arts

The New England Ballet Company (NEBC), a nonprofit organization, was recently named resident ballet company of the Klein Auditorium in Bridgeport. In addition to bringing performances to the Klein, we stand by our mission statement -- “Dedicated to bringing children to the arts and the arts to children” – with our many outreach programs. We exist to promote arts education and to serve the community by giving performing opportunities to dancers of all ages and levels, children through adult. We work under the initiative DANCE: Developing Appreciation and Nurturance in Cultural Arts Education. Our ballet company has been inspiring children to dance for the last 20 years and is committed to the belief that the performing arts are a vital element in the education of our children. As part of our outreach program, artistic directors Kenneth Hopkins and Karen Goodman bring performances of “Peter and The Wolf,”“The Adventures of Little Red Riding Hood,”“Firebird” and “Nutcracker Suite” to schools across Connecticut. Various funding sources, such as Action for Bridgeport Community Development (ABCD), Target, Jamie Hulley Foundation and Hearst Media/Connecticut Post have allowed NEBC to provide dance programming at nearly all of the ABCD sites in Bridgeport, as well as the Roosevelt and Curiale schools. New England Ballet Company looks forward to future collaborations with organizations such as the Bridgeport Youth Orchestra and the Greater Bridgeport Symphony as well as other theater arts programs at the Klein. NEBC continues its integrated dance program with special needs children and young adults with their “Adaptive Nutcracker.” New England Ballet kicks off its holiday season with its Sugar Plum Party Nov. 25 at the Stratford Theater. Full-length “Nutcracker” performances will take place Dec. 15 at the Klein, and the company’s spring repertory will be announced soon. The company will also present” Nutcracker” performances at the Parson’s Government Center in Milford. For information on classes and performances or to purchase tickets or make a donation, visit newenglandballet.org. Kenneth Hopkins Founder/co-director New England Ballet Company

FCBUZZ

Arts & Culture of Fairfield County

FIGURING LACHAISE AT THE BRUCE MUSEUM IN GREENWICH

The Bruce Museum plays host to “Extreme Habitats: Living Deserts Dry.”

On Sept. 22, the Bruce Museum in Greenwich will open an exhibit that is guaranteed to make everyone feel better about his physique, or her figure. It’s “Face & Figure: The Sculpture of Gaston Lachaise” (through Jan. 6), featuring the zaftig female nudes and meaty male nudes of the French-born American sculptor (1822-1935). Anyone who’s been to Kykuit, the historic Rockefeller family estate in Pocantico Hills, is familiar with Lachaise’s work – broad-chested men and full-bodied women in bronzes of various patinas. Among his sitters were arts powerhouses like Lincoln Kirstein, co-founder with George Balanchine of New York City Ballet, and the married American woman Isabel Dutaud Nagle, who would

become his muse, his obsession and his wife. The Bruce show, however, goes beyond the physical, offering us a chance to consider the role of the model’s identity and personality in fashioning our perception of a work. Also on view (through March 3) is the family-friendly “Extreme Habitats: Living Desert Dry,” which explores the complex ecosystems of deserts by looking at how and where they form, examining plant and animal survival strategies and explaining the significance of these regions to our everyday lives. The exhibition also spotlights the global issue of desertification, the process in which fertile land is transformed into desert as a result of deforestation, poor agricultural practices and drought. A related lecture series begins Sept. 18 at 6:30 p.m., when Peter B. deMenocal of Lamont-Doherty Earth Observatory will discuss “Desert Formation and the Emergence of Civilization.” A “Look and See: Living Desert Dry” program for preschool children and their caregivers will take place on Oct. 10. The Deserts Family Day Nov. 18 will include live animals from the desert, while the School Vacation Workshops on Dec. 27 and 28 will feature desert dyeing and weaving activities for children. Hours are 10 a.m. to 5 p.m. Tuesdays-Saturdays and 1 to 5 p.m. Sundays. Admission is $7; $6 for senior citizens age 65 and up and students ages 5-22 with ID; free to children under age 5 at all times and to all on Tuesdays. The museum is at 1 Museum Drive off Steamboat Road. 869-0376, brucemuseum.org.

“GUIDING LIGHTS” IN STAMFORD

The mission of the Cultural Alliance of Fairfield County is to support cultural organizations, artists and creative businesses by providing promotion, services and advocacy. For more information, visit CulturalAllianceFC.org or email infoCulturalAllianceFC.org or call 256-2329. For events lists, visit FCBuzz.org. Earth, Wind & Fire plays the Palace Theatre in Stamford.

Earth, Wind & Fire will be making a stop on its “Guiding Lights” summer concert tour 8 p.m. Sept. 20 at the Palace Theatre, home of the Stamford Center for the Arts. During the 1970s, the band helped launch a new brand of pop music, one steeped in African and African-American styles – particularly jazz and R&B – that nonetheless appealed to a broader cross section of the listening public. Since then, the group has earned eight Grammy Awards and 20 nominations. Its songs continue to be among the most played in the world, with the new single, “Guiding Lights” (Sony/Legacy), going Top 30 on the Billboard Urban Adult Chart. Tickets can be purchased by calling 325-4466 or visiting SCAlive.org or the Palace Theatre box office, 61 Atlantic St., 10 a.m.-6 p.m. weekdays.

Visit FCBuzz.org for more information on events and how to get listed.

Presented by: Cultural Alliance of Fairfield County

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 15


THE LIST

Real Estate Developers

FAIRFIELD COUNTY NEXT LIST: SEPTEMBER 24 CREDIT UNIONS

COMMERCIAL DEVELOPERS

LISTED ALPHABETICALLY.

Listed alphabetically.

2 Parklawn Drive, Bethel 06801 743-7201 • berkshirecorporatepark.com

info@ashforth.com 1981

Collins Enterprises L.L.C.

Covington Development L.L.C.*

other

Full-service real estate firm

50 flex space

25

25

25

1

David P. Fiore 20

dfiore@marcuspartners.com 2008

Robert D. Scinto 1980

Stanley M. Seligson Properties 605 West Ave., Second floor, Norwalk 06850 857-5600 • seligsonproperties.com

Stanley Seligson 1979

25 multifamily housing and nursing

99 residential

Real estate developers

Full-service commercial development

100

Builds industrial and research and development buildings on a build-to-suit basis, predominately in the area of Shelton and the Bridgeport metropolitan area

25

5

Development

Real estate investment, development and management

25

John J. DiMenna Jr. gstanton@seaboardproperties.com 1990

Full-service real estate development

80

Mia Schipani 25

Full-design build, from land planning to construction management

Development, management

90 indoor recreation 10 research and development

jeckman@fischelproperties.com 1970

mia@rms-construction.com 1995

67 residential

WND

Jonathan Eckman

1 Corporate Drive, Suite 100, Shelton 06484 929-6300 • scinto.com

1 Atlantic St., Stamford 06901 357-1600 • seaboardproperties.com

5

1920

R.D. Scinto Inc.

Seaboard Properties

25

Thomas L. Rich

222 Summer St., Stamford 06901 359-2900 • fdrich.com

75 Camp Ave., Stamford 06907 968-2313 • rms-construction.com

10

Harold Lepler

F.D. Rich Co.

RMS Cos.

20

3

prucovcom@aol.com 1980

322 Clock Tower Commons, Brewster, NY 10509 (845) 279-2321

64 Danbury Road, Wilton 06897 762-7200 • marcuspartners.com

20

WND

2001 W. Main St., Suite 175, Stamford 06902 358-0004 • collins-llc.com

Marcus Partners

5

Carl R. Kuehner jim@bltoffice.com 1982

100 Washington Blvd., Suite 200, Stamford 06902 846-1900 • bltoffice.com

501 Kings Highway East, Fairfield 06825 696-1000 • fischelproperties.com

90

WND info@berkshirecorporatepark.com 1969

Building and Land Technology

Fischel Properties

5

Services provided

H. Darrell Harvey, Andrew B. Ashforth

707 Summer St., Stamford 06901 359-8500 • ashforth.com

Berkshire Industrial Corp.

retail

The Ashforth Co.

office

Construction classification percentages industrial

Top local executive(s) Email address Year company established hotel

Name, address, telephone number Area code: 203 (unless otherwise noted) Website

40

5

10

30

residential

Construction, ground-up renovations, tenant fit-outs, site work, restaurants, hotels and multi-use projects

50 residential

Stamford-based owner of residential, commercial and retail properties in Fairfield County

25

60 rental housing

Development, management, consulting

Questions or comments, call (914) 694-3600, ext. 3005. Source: Information obtained from respondents and company websites. * Although located in New York state, company does work in Fairfield County. WND Would not disclose.

16 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


SPECIAL REPORT Business Technology

BYOD overdrive BY ALEXANDER SOULE

asoule@westfairinc.com

T

he rise of bring your own device (BYOD) programs is the single most radical shift in the economics of client computing for business since PCs invaded the workplace, according to Gartner Inc., the Stamfordbased high-tech prognostication company, which analyzed the sector in a report issued in late August. BYOD is the term used by Gartner and others to describe employees who use their own mobile phones, laptops or other devices to perform business and access corporate data, whether using cloud-based platforms or others. Some companies provide subsidies for workers to purchase their own devices. According to a separate study published this month by Farmington-based Global Information Inc., nearly two thirds of corporations surveyed said they will have adopted some level of BYOD plan by the end of this year, with just 11 percent having no such plan in place in the near future. As the case with consumer embrace of the iPad and copycat tablets, Gartner says it is more likely workers will adopt-emerging devices for work purposes in advance of their information technology departments grasping their significance. “With the wide range of capabilities brought by mobile devices and the myriad ways in which business processes are being reinvented as a result, we are entering a time of tremendous change,” said Gartner analyst David Willis in a prepared statement. “It won’t stop with ‘bring your own PC’ – ‘bring your own IT’ is on the horizon. Once these new devices are in the mix, employees will be bringing their own applications, collaboration systems and even social networks into businesses.” Consumers today are far more likely to order upgrades at a faster rate to keep up with the most sophisticated technology the market has to offer. Consumers also enjoy equipment and domestic service pricing that often matches the best deals an enterprise can get on behalf of its users, Gartner added. Corporations themselves, however, often see their own costs rise due to the extra time it takes IT personnel to manage the requests or needs of workers using differing mobile devices. Once companies start including file sharing, business applications and collaboration tools, the costs to provide mobile services go up dramatically. In its second quarter results, Cisco Systems Inc. attributed a 12 percent increase in revenue from security products in part to the proliferation of mobile devices under BYOD environments. Milford-based Perimeter e-Security hosted a webinar on the topic in mid-August. For those companies that maintain formal BYOD agreements, typically workers agree to a set of security and management policies, and often in exchange for partial reimbursement of service plans. “Just as we saw with home broadband in the past

decade, the expectation that the company will supply full reimbursement for equipment and services will decline over time, and we will see the typical employer favor reimbursing only a portion of the monthly bill,” Willis stated. “We also expect that as adoption grows and prices decline employers will reduce the amount they reimburse.” In the meantime, developers have their eye on the opportunity. In August, a Stamford software company called InstallFree released a software application delivery service called Nexus, which it says allows people to create,

edit and share files on any computing device using full versions of their favored productivity applications. “We created Nexus to solve … (the BYOD challenge); for customers to be able to use applications like Microsoft Office across these cloud storage providers and from any device,” said Rakesh Narasimhan, CEO of InstallFree, in a prepared statement. “After years of helping IT departments at large enterprises design and manage systems for desktop application virtualization, we adapted our experience with virtualization in the enterprise to benefit customers in all segments with InstallFree Nexus.”

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 17


Pinterest: newest marketing tool

Presenter Diane McKeever

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BY JENNIFER BISSELL

jbissell@westfairinc.com

L

ooking to reach more potential customers, Westport travel agent Eva Greenwald is building her social media platform. Her main focus? Pinterest. Pinterest.com, a virtual pinboard for photos and articles, is becoming the newest social media platform for businesses. The website has become a top-five web traffic originator, beating out Yahoo!, Bing and Twitter, according to Shareaholic Analytics, which has data from more than 200,000 publishers that reach over 300 million people per month. “I’ve gotten calls from my Facebook and Twitter and I’m looking forward to it happening on Pinterest,” said Greenwald, who owns Best Cruises and Travel Now L.L.C. in Westport. “I love how I can engage with so many people on social media. There are no geographical boundaries.” After a week of playing around on the site, Greenwald has roughly 20 “pins” and 30 followers – a proud accomplishment for a business with three employees, she says. Her board topics include “places we can take you,” family travel and destination weddings. Speaking at a SCORE workshop on social media in Wilton Sept. 6, social media consultant Diane McKeever said Pinterest is becoming a new way for businesses to connect with consumers. SCORE is a nonprofit education and counseling organization dedicated to expanding small businesses. When choosing between creating a Facebook, Twitter or Pinterest account, McKeever said businesses need to weigh several questions: How does social media fit into a company’s overall marketing strategy? What is the company’s primary message? Who is the target market? If women are a target market, a business

may want to consider Pinterest, McKeever said. About three-quarters of Pinterest’s users are women. Businesses can market their own products on the site or pin interesting photos and articles related to their business. For companies using the site, the goal is to generate interest in their brands and hopefully bring more traffic to their own website. Pinboard topics of Scotland-based McKay Flooring Ltd. range from photos of wood flooring to photos of Scottish alcohol. Using McKay’s pinboards as a case study, McKeever said companies selling products don’t necessarily need to post photos or articles a company has created itself. McKay has used Pinterest to host pinboard contests of interesting flooring or interior designs for a room and none of the photos are McKay products. McKay has roughly 150 Pinterest followers and one competition can generate more than 800 entries and people interacting with the brand. McKay is hosting competitions integrating Instagram, Pinterest and Twitter now as well. Pinterest even lends well to businessto-business service companies, McKeever said. PediaStaff, a pediatric therapist staffing company, has used Pinterest to post quick tips and ideas related to child development. The pinboards don’t necessarily relate to the company’s core business activities, but the site has nearly 30,000 followers. With 14,500 pins to 136 pinboards, thousands have connected with the company, creating broad brand recognition for the company among users generally interested in children. Drawing an analogy between the site and cutting out magazine photos, McKeever said the days of paper-filled “idea” filing cabinets are long gone. The upside? The photos you keep and make note of will actually get looked at again, she said.

18 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


FAIRFIELD COUNTY

BUSINESS JOURNAL Attachments Carswell, Beverly and Edmond Ferris, Monroe. $65,000 in favor of Clayton and Carla Henry, Bridgeport. Filed Aug. 29.

Building Permits

Commercial

675 Bridgeport Avenue L.L.C., Shelton. Perform expansion of retail store at an existing commercial The following petition was filed in building for “Pet Supplies Plus” at U.S. Bankruptcy Court, Bridge- 675 Bridgeport Ave., Shelton. Estiport. Chapter 11 indicates the filer mated cost: $48,500. Filed Aug. 21. intends to submit a plan of reorganization to the court. Chapter A F Alber General Contrac7 indicates a liquidation of assets. tor, contractor for Urstadt Biddle Properties Inc., Greenwich. PerJHK Investment L.L.C., 1 Gor- form interior alterations at an ham Island, Suite 301, Westport. existing commercial building for Chapter 11, filed Aug. 29, case no. tenant, 15 Backus Ave., Danbury. 12-51608. Assets: $500 million to Estimated cost: $193,000. Filed $100 million. Liabilities: $100 mil- Aug. 6. lion to $500 million. Creditors: Cohn, Birnbaum and Shea P.C., Action Retail Construction $30,361; CBIZ Mahoney, Cohen, Services, contractor for Danbury $21,345; Gorham Island Associ- Mall L.L.C, Danbury. Fit-out an ates L.P., $15,107; High Mountain existing commercial building for Ranches Inc., $10,860; Anthem tenant “Lucky Brand,” 7 Backus BCBS, $5,466; NetCentrix L.L.C., Ave., Danbury. Estimated cost: $1,604; town of Westport, $1,002; $500,000. Filed Aug. 16. Improved Funding Techniques, $949; AT&T, $813; W.B. Mason Co. Inc., $361; Leaf, $138; AT&T Adams & Ruxton Construction Wireless, $98; AT&T Voice Con- L.L.C., West Springfield, Mass., ferencing, $26; and state of Con- contractor for Berkshire Shopping necticut Department of Labor, Center L.L.C. Perform alterations $19. Type of business: corporation. at a commercial building, 67 NewDebtor’s attorney: Craig I. Lifland, town, Danbury. Estimated cost: Zeisler & Zeisler P.C., Bridgeport. $82,000. Filed Aug. 23.

Bankruptcies

Items appearing in the Fairfield County Business Journal’s On The Record section are compiled from various sources, including public records made available to the media by federal, state and municipal agencies and the court system. While every effort is made to ensure the accuracy of this information, no liability is assumed for errors or omissions. In the case of legal action, the records cited are open to public scrutiny and should be inspected before any action is taken. Questions and comments regarding this section should be directed to: Bob Rozycki c/o Westfair Communications Inc. 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 Phone: (914)694-3600 Fax: (914)694-3680

Coffey, William, contractor for C & W Development L.L.C., Navarre, Fla. Erect shell and foundation for a new commercial building, 42 Beaver Brook Road, Danbury. Estimated cost: $265,000. Filed Aug. 27.

Grom, Elliott, contractor for Urstadt Biddle Properties Inc., Greenwich. Perform alterations at a commercial building for “Niko’s Grill & Subs,”15 Backus Ave., Danbury. Estimated cost: $82,000. Filed Aug. 8.

L.A. Barnaby & Sons, Bridgeport, contractor for Stratford Medical Arts. Perform external renovations and alterations at a commercial building, 2876-2890 Main St., Stratford. Estimated cost: $30,000. Filed Aug. 24.

Saugatuck Construction, Stamford, contractor for Reckson, a division of SL Green, Thomas, McNerny & Partners at 101 Broad St., Stamford. Estimated cost: $75,000. Filed Aug. 31.

Corporate Construction Services L.L.C., Charlotte, N.C., contractor for Danbury Hospital. Perform interior renovations at an existing commercial building at Locust Avenue, Danbury. Estimated cost: $85,000. Filed Aug. 23.

Hawley Construction Corp., Danbury, contractor for Frederick K. and Ellen Raff. Demolish and rebuild Plumtrees Animal Hospital at 65 Newtown Road, Danbury. Estimated cost: $484,000. Filed Aug. 30.

MCP 6 Armstrong L.L.C., Boston, Mass. Perform interior renovations at an existing commercial building, 6 Armstrong Road, Shelton. Estimated cost: $25,000. Filed Aug. 29.

Signature Construction, Stamford, contractor for 737 Canal L.L.C., Stamford. Perform interior alterations and renovations at an existing commercial building for “Design within Reach,” 737 Main St., Stamford. Estimated cost: $270,000. Filed Aug. 31.

Dahill Company, New Haven, contractor for Bridgeport Fittings Inc., Stratford. Perform external renovations at an existing commercial building, 705 Lordship Blvd., Stratford. Estimated cost: $197,000. Filed Aug. 20.

Hawley Construction Corp., Danbury, contractor for 25 Germantown Road L.L.C., Danbury. Fit-out an existing commercial building for “Western Connecticut Health Network” at 33 Germantown Road, Danbury. Estimated cost: $228,080. Filed Aug. 28.

Danbury Mall L.L.C., Danbury. Fit-out an existing commercial building for tenant at 7 Backus Ave., Danbury. Estimated cost: $80,000. Filed Aug. 9. Ener-G-Tech, Stratford, contractor for First Baptist Church, Stratford. Perform interior renovations at an existing commercial building, 1301 Stratford Ave., Stratford. Estimated cost: $14,400. Filed Aug. 20.

Atithi Hospitality L.L.C., Danbury. Perform external alterations to an existing commercial building, 89 Mill Plain Road, Danbury. Estimated cost: $25,000. Filed Aug. 7.

FIP Construction Inc., Cheshire, contractor for Ingelhiem Boehringer. Perform interior alterations at an existing commercial building for tenant, 39 Briar Ridge Road, Danbury. Estimated cost: $1.54 million. Filed Aug. 16.

Banton Construction Co. Inc., North Haven, contractor for the city of Danbury. Construct a new building for a head start school, 37 Foster St., Danbury. Estimated cost: $5,000,000. Filed Aug. 30.

GHP Buxton L.L.C., White Plains, N.Y. Perform interior renovations at an existing commercial building for “Wikstorm Group,” 30 Buxton Farm Road, Stamford. Estimated cost: $95,000. Filed Aug. 27.

Bowser, Bryan, contractor for Spinelli Associates, Stratford. Complete construction at an existing commercial building, 110 Barnum Ave., Stratford. Estimated cost: $90,000. Filed Aug. 20.

Grasso Brothers General Contractor, New Rochelle, N.Y., contractor for Ethan Allen Global Inc., Danbury. Perform interior alterations and renovations at an existing commercial building, 25 Lake Avenue Extension, Danbury. Estimated cost: $8,000. Filed Aug. 14.

MCP 6 Armstrong L.L.C., Boston, Mass. Fit-out an existing commercial building for tenant, 6 Armstrong Road, Shelton. Estimated cost: $17,000. Filed Aug. 21.

Nash Contracting Inc., North Brookfield, Mass., contractor for Danbury Mall L.L.C. Fit-out an existing commercial building for Ismaili, Shpreza and Agim. Build “Swarovski,” 7 Backus Ave., Dana shell for commercial purposes, bury. Estimated cost: $140,000. 34 Newtown, Danbury. Estimated Filed Aug. 21. cost: $200,000. Filed Aug. 20. JMI Inc., contractor for Danbury Mall L.L.C., Danbury. Fit-out an existing commercial building for “Little Tokyo,” 7 Backus Ave., Danbury. Estimated cost: $110,000. Filed Aug. 6. Jones, Robert, contractor for Germantown Plaza Association L.L.C., Danbury. Perform interior renovations at an existing commercial building for “Forever Tan,” 30 Germantown Road, Danbury. Estimated cost: $18,000. Filed Aug. 29. Kings Capital Construction Group, White Plains, N.Y., contractor for Urstadt Biddle Properties Inc., Greenwich. Perform external repairs at an existing commercial building, 15 Backus Ave., Danbury. Estimated cost: $45,000. Filed Aug. 2. Knight & Grabowski, Stamford, contractor for Orchard K&G Associates L.L.C., Stamford, 16 Hobbie St., Stamford. Estimated cost: $674,800. Filed Aug. 30.

South Street Properties L.L.C., Cortland, Ohio. Demolish a temporary structure at commercial premises, 109 South St., Danbury. Estimated cost: $50,000. Filed Aug. 29. Town of New Canaan. Perform additions and alterations at an existing commercial building, 77 Main St., New Canaan. Estimated cost: $25,000. Filed Aug. 27.

Rayleah. Perform additions at a commercial building, 15 Commerce St., Monroe. Estimated cost: $452,000. Filed Aug. 28.

Virginia Construction, Newark, N.J., contractor for Jesta Hospitality CT L.L.C., Wilmington, Del. Perform interior renovations at an existing commercial building, 18 Old Ridgebury Road, Danbury. Ridgefield Contracting, Rich- Estimated cost: $150,000. Filed field, contractor for 3 Kenosia Aug. 14. L.L.C., Danbury. Perform interior and exterior renovations at an existing commercial building, 3 Votze, Butler & Associates Inc., Kenosia Ave., Danbury. Estimated Lowell, Mass. contractor for CVS cost: $180,000. Filed Aug. 22. Danbury Padanaram Inc., Danbury. Perform interior renovations at an existing commercial RXR Construction and Devel- building, 35 Padanaram Road, opment, Uniondale, N.Y., con- Danbury. Estimated cost: $20,000. tractor for RA 225 High Ridge Filed Aug. 21. L.L.C., Stamford. Perform interior alterations and renovations at an existing commercial building for Winters Brothers, Shelton. Per“Synapes,” 225 High Ridge Road, form external repairs at an existing Suite 210E, Stamford. Estimated commercial building, 90 Oliver cost: $122,000. Filed Aug. 30. Terrace, Shelton. Estimated cost: $500,000. Filed Aug. 23. Saugatuck Construction, Stamford, contractor for Reckson, a division of SL Green. Perform interior renovations at an existing commercial building for “Vantage Score Solution,” 1055 Washington Blvd., Third floor, Stamford. Estimated cost: $170,000. Filed Aug. 29.

Environmental & Civil Engineering For more information Andrew Zlotnick, Senior Vice President 203.374.3748, www.fando.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 19


on the record Residential

Bringhidi, Steve, contractor for Emily and Andrew Viner. Perform external additions to an existing 221 Long Ridge L.L.C. Perform commercial building, 154 Lordexternal repairs at an existing ship Road, Stratford. Estimated single-family residence, 22 Long cost: $25,000. Filed Aug. 20. Ridge Road, Stamford. Estimated cost: $100,000. Filed Aug. 29. Brunetti & Son Construction L.L.C., Newtown, contractor for Albakos UAS Building, Stam- Kung H. Wei and Chiu H. Chou. ford, contractor for Mourad Perform interior renovations at an Bowid. Perform interior reno- existing single-family residence, 15 vations at an existing single- Lilac Lane, Danbury. Estimated family residence, 30 Deacon Hill cost: $40,000. Filed Aug. 20. Road, Stamford. Estimated cost: $41,500. Filed Aug. 30. Catalfamo, Joseph, Westport, contractor for Richard P. BourBacco Inc., New Canaan, contrac- geois and Dori Pauli. Add an actor for Angela Vecchio. Perform cessory building to an existing interior renovations at an existing single-family residence, 866 West single-family residence, 27 Mead St., New Canaan. Estimated cost: St., Unit 4, New Canaan. Estimat- $245,000. Filed Sept. 4. ed cost: $80,000. Filed Aug. 22. Baybrook Remodelling, West Haven, contractor for Denise Dumas. Add a two-story addition to an existing single-family residence, 172 Beers Place, Stratford. Estimated cost: $66,000. Filed Aug. 20. Bethel Danbury Two L.L.C., White Plains, N.Y., contractor for Timber Oaks Association, Danbury. Erect four-unit townhouse, 1 Mannion Lane, Danbury. Estimated cost: $700,000. Filed Aug. 30. Better Built Basement L.L.C., Berlin, contractor for Matthew and Jane Storms. Perform interior renovations at an existing singlefamily residence, 49 Aunt Hack Road, Danbury. Estimated cost: $16,000. Filed Aug. 30. Better Built Basement L.L.C., Berlin. Perform alterations at a single-family residence, 22 Hickory Lane, Monroe. Estimated cost: $22,000. Filed Aug. 22. BG Construction Inc., New Canaan, contractor for John and Sally Brainard. Perform alterations at a single-family residence, 13 Bank St., New Canaan. Estimated cost: $100,000. Filed Aug. 31. Bizantom Co. Inc., contractor for Robert Rosati. Perform external repairs at an existing single-family residence, 2 Nash Place, Stamford. Estimated cost: $15,000. Filed Aug. 31. Bodner, James, contractor for Alice M. and Frank Sousa. Perform alterations at a single-family residence, 9 Karen Road, Danbury. Estimated cost: $17,230. Filed Aug. 23.

Conway, Kathleen, Shelton. Perform foundation repairs at an existing single-family residence, 71 Princess Wenonah Drive, Shelton. Estimated cost: $40,000. Filed Aug. 24. Cranberry Estates, Fairfield. Perform interior renovations at an existing single-family residence at 25 Brant Point, Shelton. Estimated cost: $12,000. Filed Aug. 22. Cutting Edge Home Improvements, Dover, Ohio, contractor for RRS property Management L.L.C., Danbury. Perform external repairs to a single-family residence at 1E. Hayestown Road, Danbury. Estimated cost: $17,000. Filed Aug. 22. Davis, James, contractor for Stacy Kosarka, Stratford. Perform interior renovations at an existing single-family residence, 140 College St., Stratford. Estimated cost: $18,000. Filed Aug. 24. Delafield, Daniel L., contractor for Anthony Cook, Danbury. Perform external repairs at an existing single-family residence at Pocono Point Road, Danbury. Estimated cost: $6,346. Filed Aug. 14. Delucca Contracting L.L.C., Greenwich, contractor for A. Tagliavia. Perform interior renovations at an existing single-family residence at 9 W. Bank Lane, Stamford. Estimated cost: $50,000. Filed Aug. 29. Eich, Andrew and Julie, New Canaan. Perform alterations at a single-family residence, 35 Benedict Hill Road, New Canaan. Estimated cost: $40,000. Filed Aug. 22.

Falsetti, Bert, contractor for John Kelly, Stratford. Perform external repairs to a single-family residence, 66 Pamela Drive, Stratford. Estimated cost: $20,000. Filed Aug. 28. Fern, Bruce, contractor for Thomas R. Hughes and Andrea Williams, New Canaan. Perform interior alterations at a single-family residence, 203 Davenport Ridge Road, New Canaan. Estimated cost: $11,000. Filed Aug. 21. Ferrigno, Eugenio N. and Jean, Danbury. Perform interior alterations and renovations at an existing single-family residence, 73 Rose St., Danbury. Estimated cost: $10,000. Filed Aug. 15. Fox Contractors L.L.C., Bridgeport, contractor for Jonas Kanta. Perform interior and exterior renovations at an existing singlefamily residence, 97 Dorus St., Stratford. Estimated cost: $32,000. Filed Aug. 20.

Heritage Home Restoration L.L.C., Cornwall, contractor for Joseph F. and Susan J. Tomaselli. Perform interior renovations at an existing commercial building, 33 Kingswood Road, Danbury. Estimated cost: $6,900. Filed Aug. 15. Hobbs Inc., New Canaan, contractor for Robert C. and Leila MaCauley. Preform a demolition at 33 Gerrish Lane, New Canaan. Estimated cost: $20,000. Filed Aug. 31. Hoffman Landscapes Inc., Wilton. Perform an addition to a single-family residence at 24 Running Brook Lane, New Canaan. Estimated cost: $5,000. Filed Aug. 31. Hoffman, Elizabeth, Shelton. Perform interior alterations and renovations at an existing singlefamily residence, 20 Hawley Road, Shelton. Estimated cost: $25,000. Filed Aug. 15.

G. Schimenti Associates, Stamford, contractor for Mary Avramopoulos. Perform interior repairs at an existing single-family residence, 265 Ferry Blvd., Stratford. Estimated cost: $32,000. Filed Aug. 20.

IJ Development L.L.C., Stamford, contractor for N. Chung. Perform interior renovations at an existing single-family residence, 426 Pepper Ridge Road, Stamford. Estimated cost: $60,000. Filed Aug. 28.

Ga Yom Bellete. Perform interior renovations at an existing single-family residence, 29 Douglas Ave., Stamford. Estimated cost: $116,000. Filed Aug. 31.

J & N Enterprises Inc., Monroe. Construct a two-story residential building, 104 Richard Blvd., Shelton. Estimated cost: $162,830. Filed Aug. 29.

Gambino, Keith, Redding, contractor for St. Lukes Foundation. Perform additions and alterations at an existing commercial building, 377 Main St., New Canaan. Estimated cost: $20,500. Filed Aug. 28.

Kaze, Ronald, contractor for Barbara Minoff. Perform interior renovations at an existing singlefamily residence, 374B Piute Lane, Stratford. Estimated cost: $35,000. Filed Aug. 28.

Goldberg, Judith, contractor for Z. Wu. Perform interior renovations at an existing single-family residence, 97 Fairway Drive, Stamford. Estimated cost: $28,000. Filed Aug. 28.

Keene, Janet C. Perform external repairs at an existing single-family residence, 29 Hayestown Road, Danbury. Estimated cost: $12,000. Filed Aug. 28. LECLA L.L.C., Danbury, contractor for Sara L. Gomez. Perform interior alterations at a single-family residence, 13 Alan Ave., Danbury. Estimated cost: $18,000. Filed Aug. 16.

Green Hill Construction, New Fairfield, contractor for Robert J. and Lynn H. Taborsak. Perform interior renovations at an existing single-family residence, 110 Hayestown Road, Danbury. Estimated cost: $20,000. Filed Aug. 27. Leduc Building, Fairfield, contractor for Mark D. and Susan Santero. Perform interior alteraHammertime Contracting tions and renovations at an existL.L.C., New Milford contractor for ing single-family residence, 122 Gary A. Duve. Perform additions Rosebrook Road, New Canaan. to a single-family residence, 21 W. Estimated cost: $400,000. Filed Pine Drive, Danbury. Estimated Aug. 27. cost: $175,000. Filed Aug. 22.

Leslie Roofing, Bridgewater, contractor for Mary Lou Bourque. Perform external repairs at an existing single-family residence, 102 Black Rock Turnpike, Redding. Estimated cost: $5,500. Filed Aug. 27.

Pida, Julia. Perform alterations at a single-family residence, 51 Countryside Drive, Monroe. Estimated cost: $47,740. Filed Aug. 15. Proffessional Construction Services, Shelton, contractor for Toby and Naomi Wilmott. Perform external repairs at an existing singlefamily residence, 92 Fire Hill Road, Redding. Estimated cost: $24,200. Filed Aug. 13.

Lindsey, Terrence, contractor for Deerfield Woods Condominium, Stratford. Perform external repairs at an existing single-family residence at a condominium association, 3699 Broad Ridge Ave., Stratford. Estimated cost: $110,250. Quadranta Builders. Build a Filed Aug. 28. new home at 19 Black Farm Road, Monroe. Estimated cost: $250,000. Livingston Norman S. and Cla- Filed Aug. 15. rice P. Perform interior alterations and renovations at an existing single-family residence, 377 Main R. Mirianthopolos. Perform inSt., New Canaan. Estimated cost: terior renovations at an existing single-family residence, 53 Marva $50,000. Filed Aug. 31. Lane, Stamford. Estimated cost: $43,000. Filed Aug. 27. Mackowski, Edward. Perform external repairs at an existing single-family residence, 2278 Main R. Noe Design, Bethel, contracSt., Stratford. Estimated cost: tor for John C. and Katherine F. Geshwind. Perform interior al$10,000. Filed Aug. 20. terations at a single-family residence, 955 N. Park Ave. ExtenMonohan, Joseph and Jaclyn. sion, Redding. Estimated cost: Perform interior renovations at an $13,000. Filed Aug. 13. existing single-family residence, 78 Birchwood Ave., New Canaan. Estimated cost: $45,000. Filed Sept. 4. Roberts, Jeffrey. Perform interior renovations at an existing singlefamily residence, 144 Gallows Hill Monroe, Daniel. Perform exter- Road, Redding. Estimated cost: nal repairs at an existing single- $5,200. Filed Aug. 21. family residence, 28 Oronoque Trail, Shelton. Estimated cost: Sadowski, Andrzej, Shelton. Per$13,010. Filed Aug. 23. form additions and alterations at an existing single-family building, Nichols, Arthur B. III, trust for 60 Oak Ave., Shelton. Estimated new owner. Perform interior al- cost: $43,200. Filed Aug. 21. terations at a single-family residence, 1 Wahackme Lane, New Canaan. Estimated cost: $65,000. Scheme, Jonathan, contractor for Kim Ferraro. Perform interior Filed Aug. 22. renovations and additions at an existing single-family residence, Nu-Generation Image Market- 12 Laurel St., Stratford. Estimated ing, Danbury, contractor for Smith, cost: $75,000. Filed Aug. 24. Stanford A. Sr. Perform interior alterations and renovations at an existing single-family residence, 7 W. Sears Home Improvements. Wooster St., Danbury. Estimated Perform interior repairs at an existing single-family residence, 28 cost: $35,000. Filed Aug. 14. Woodlawn Road, Monroe. Estimated cost: $20,974. Filed Aug. 28. Orax corporation II, L.L.C., Stamford, contractor for Dante Terrana. Perform interior reno- Shelton, Gregory S. and Denise vations and additions at a single- L. Perform interior renovations at family residence, 1815 Noble an existing single-family residence, Ave., Bridgeport. Estimated cost: 103 Richard Blvd., Shelton. Estimated cost: $15,000. Filed Aug. 31. $20,000. Filed Aug. 22. Pagliaro, Ernest H. III. Perform an addition and interior alterations to a single-family residence, 56 Weybosset St., Shelton. Estimated cost: $33,800. Filed Aug. 31.

20 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Siburtek L.L.C., Redding, contractor for Edward Wypchoski and Andrew Graham. Perform an addition to a single-family residence, 122 Black Rock Turnpike, Redding. Estimated cost: $125,000. Filed Aug. 16.


on the record Credits, Clients and Awards Bank of America Charitable Foundation has awarded $80,000 in grants to support housing and community development initiatives in Fairfield County as part of $200,000 in total funding to Connecticut nonprofits. Grant recipients in Fairfield County include the Bridgeport Neighborhood Trust, Community Action Committee, Fairfield County Affordable Housing, Habitat for Humanity of Coastal Fairfield County, Homefront, Housing Development Fund in Fairfield County, Mutual Housing Association of Southwestern Connecticut and New Neighborhoods Inc. Trumbull Rotary Foundation has awarded The Kennedy Center a $778 grant that will enhance its Group Supported Employment program for individuals with disabilities and special needs. The center will purchase a new pallet truck, which will be used to carry work-related materials. New Neighborhoods Inc. (NNI) has received a grant from People’s United Community Foundation. The $7,500 grant will support NNI’s ongoing work to identify, build and preserve critically needed affordable rental and ownership housing in Stamford, Norwalk, Danbury and across Fairfield County.

On the Go:Business, Etc.

Joseph L. Sullivan has been named president of Facultative Resources Inc. (Fac Re) in Greenwich, a broker market property casualty facultative underwriting manager that underwrites reinsurance on behalf of Berkley Insurance Co., a U.S. domestic profesWednesday Sept. 19 sional reinsurance. Most recently, Sullivan served as Fac Re’s execuKeystone House Inc. and Southwest Regional Mental Health tive vice president and chief operating officer, having joined W. R. Board Inc. host a Candidate Forum, 8 to 10 a.m., Norwalk City Berkley Corp. in 2010. Hall, 125 E. Ave., Norwalk. For information, call 840-1187 or email swrmhb2@optonline.net. John Adams Vaccaro, founder and CEO of Westport Resources, has been named – for the fourth consecutive year – one TING meeting (Temple Israel Networking Group for individuof Barron’s Top 100 Independent Financial Advisors in America als in their job search), 2 p.m., Temple Israel, 14 Coleytown Road, for 2012. Barron’sU.S., published by Dow Jones & Co., is a weekly Westport. For information, call 227-1293. financial newspaper.

Thursday Sept. 20

Newsmakers

Export Educational Workshop, 4 to 6 p.m., UCONN, Stamford Campus Multipurpose Room (108), 1 University Place, Stamford. For information, call (860) 240-4894.

Roberta Anderson has joined People’s United Bank’s wealth management group as senior vice president, private bank- “Seven Ways to Generate Breakthrough PR Ideas,” 7:30 to 8 a.m. ing. Most recently, she served as manager, networking, 8 to 9 a.m. presentation, Bank Street Events, 65 Bank St., Stamford. $45 Fairfield County Communications Associationprivate banking at Wells Fargo. members pre-registered; $55 nonmembers pre-registered; $60 at the door. For information, visit 7waystobreakthroughpr.eventbrite. com.

Snapshot John Barrett of New Rochelle, N.Y., was hired as private client consultant and managing director at U.S. Trust, in the Stamford The U.S. Ambassador to Nicaragua recently visited the office. Most recently, Barrett was with First Republic Bank, where Norwalk/Nagarote Sister City Community Center in Nagarote. he was responsible for new business development and marketing in residential and commercial loans, deposit services and investment management. He holds a bachelor’s degree in business administration from Iona College. TFI Envision Inc. of Norwalk was recently selected by the Playtex Products L.L.C. to develop a direct-mail postcard to introduce its new Litter Genie cat litter disposal system to mass shoppers. Thomas Izzo has joined The Landis Group, a real estate development and management firm in Stamford. Izzo was appointed senior real estate manager for 400 Atlantic St., Stamford. Most recently, he served as director of facilities for the Greenwich YMCA, where he managed the day-to-day facilities operations of the 100,000-square-foot YMCA facility while it was undergoing a $30-million dollar renovation. Heidi E. Opinsky has joined McCarter & English in Stamford L.L.P. as partner. She will split her time between the firm’s Stamford and New York City offices. Most recently, Opinsky was a famHeidi E. Opinsky has joined McCarter & English L.L.P. as part- ily law partner at Fox Rothschild L.L.P. in Connecticut and New ner. She will split her time between the firm’s Stamford and New York. She holds a Juris Doctorate from Hofstra University School of York City offices. Most recently, Opinsky was a family law partner Law and a bachelor’s degree from St. Lawrence University. at Fox Rothschild L.L.P. in Connecticut and New York. She holds a Juris Doctorate from Hofstra University School of Law and a bach- Andrea K. Stimmel of Fairfield has joined Jaffe PR, elor’s degree from St. Lawrence University. a media relations company, as senior vice president, business development and marketing consultant. He holds a master’s degree in organizational psychology from Teachers College, Columbia University, and a bachelor’s degree in political science from Barnard College, Columbia University. From left, Tammy Torres, Rosalind M. Rubin, Cathleen Miller and Ross Burkhardt

Ambassador Phyllis M. Powers (center) talked with project director Ramon Sepulveda and Cynthia Herrera, a Peace Corp volunteer. The mural on the Nagarote Community Center wall commemorates the 25th anniversary of the Sister City Project.

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

GET THE RECORDS EARLY. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 21


on the record Black Rock Capital L.L.C., Bridgeport. Filed by TD Bank N.A., Portland, Maine. Plaintiff’s attorney: James C. Graham, New Haven. Action: The plaintiff alleges that the defendant has defaulted on loans and demands the value of property, which is greater than $15,000. The outstanding Splan Holding Company L.L.C., loan is in excess of $4 million. Filed Shelton. Perform external repairs Aug. 29. Case no. CV126029917. to a single-family residence, 152 Meadow St., Shelton. Estimated Eight-Five Pond Mill L.L.C., cost: $10,000. Filed Aug. 31. Fairfield. Filed by Joseph Oppedisano, Fairfield. Plaintiff’s attorney: Sunwood Condominium Asso- Sara Bustamante, Woodbridge. ciation, Shelton. Perform external Action: The plaintiff alleges to have repairs at an existing single-family slipped and fallen due to an accuresidence, 180 Sunwood Drive, mulation of liquid on the premShelton. Estimated cost: $17,400. ises of the defendant. The plaintiff Filed Aug. 28. suffered bodily injury, emotional distress, loss of enjoyment of life’s Tenk, Gary. Perform interior and leisure activities, medical expenses exterior renovations at an existing and loss of income due to the desingle-family residence, 76 Derby fendant’s negligence. The plaintiff Place, Stratford. Estimated cost: demands monetary damages in excess of $15,000. Filed June 5. $21,000. Filed Aug. 20. Case no. CV126029986. Somers Siding Inc., Danbury, contractor for David and Heather A. Rogalski. Perform external repairs at an existing single-family residence, 24 Saddle Rock Road, Danbury. Estimated cost: $15,250. Filed Aug. 21.

Teora L.L.C., Greenwich, contractor for Robert Gianatasio and Sonia Marmo. Perform additions and alterations at an existing single-family building, 60 Parting Brook Road, New Canaan. Estimated cost: $210,000. Filed Sept. 4. TNR Associates L.L.C., Shelton. Building a two-story residential building, 23 Independence Drive, Shelton. Estimated cost: $200,150. Filed Aug. 22.

Home Depot U.S.A. Inc., Atlanta, Ga. Filed by Angela Mooney, Stratford. Plaintiff’s attorney: Thomas J. Weighing, Bridgeport. Action: The plaintiff alleges to have been employed with the defendant and during her time of employment was injured and subsequently sought workers’ compensation benefits which caused the defendant to discharge her. The plaintiff demands monetary damages, loss of benefits and any expenses associated with her job search and wrongful dismissal. Filed Sept. 4. Case no. CV126029983.

Van Oostendorp, Ronald H. Perform interior renovations at an existing single-family residence, 18 Construction Huckleberry Road, Redding. Esti- Kulikowski mated cost: $2,000. Filed Aug. 15. L.L.C., Fairfield. Filed by Peerless Insurance Co., Fairfield, Ohio. Plaintiff’s attorney: Joane R. Vicente’s Home Improvements, Mueller-London, Newington. AcDanbury, contractor for Rosa Or- tion: The plaintiff alleges to have donez Rodriguez. Perform altera- issued insurance policies that the tions at a single-family residence, defendant has not satisfied in the 6 Granville Ave., Danbury. Esti- sum of $34,018.71. The plaintiff mated cost: $17,500. Filed Aug. 20. seeks relief for more than $2,500 but less than $15,000 in monetary damages. Filed Aug. 29. Court Cases Case no. CV126029930.

Bridgeport Superior Court Bank of America, Stratford. Filed by Dana Rainone, Stratford. Plaintiff’s attorney: Steven Berglass and Rosie Miller, New Haven. Action: The plaintiff alleges that the defendant would not allow her to withdraw funds from her account and could not provide information to the plaintiff as to the reason for this. The plaintiff demands an excess of $15,000 in monetary and punitive damages, and release of all the plaintiff’s funds. Filed Aug. 31. Case no. CV126029976.

Mill River Properties L.L.C., Fairfiled. Filed by Associated Properties, Greenwich. Plaintiff’s attorney: Murtha, Cullina L.L.P., Hartford. Action: The plaintiff instituted a foreclosure action against the property when the defendant entered into a lease with tenants. The defendant is guilty of fraudulent transfer, civil theft of security deposit and rents. The plaintiff demands compensatory and punitive damages, punitive damages. Filed July 25, Case no. CV126029985.

Savage, William d.b.a. Fences Unlimited, Torrington. Filed by Eddie Sprangle, Bridgeport. Plaintiff’s attorney: Vincent J. Averaimo, Kapusta, Otzel & Averaimo, Milford. Action: The plaintiff alleges to have entered into a contract with the defendant to provide the plaintiff with supplies to fence his premises and left the project unfinished. The defendant is guilty of violation of the home improvement contract, violation of the Connecticut Unfair Trade Practices Act and unjust enrichment and breach of implied warranty of workmanship. The plaintiff claims damages in excess of $15,000. Filed Aug. 29. Case no. CV126029955.

Danbury Superior Court Comex Painting L.L.C., Danbury. Filed by LM Insurance Corp., Dover, N.H. Plaintiff’s attorney: Howard Ignal, Bridgeport. Action: The plaintiff issued an insurance policy to the defendant, which has an unpaid balance of $97,071.The plaintiff demands monetary damages in excess of $15,000. Filed Aug. 29. Case no. CV126010370. Sanborn, Head & Associates Inc., et al., Hartford. Filed by Jennifer Olbrys, Ridgefield. Plaintiff’s attorney: Harvey J. Kulawitz, Ridgefield. Action: The plaintiff alleges to have fallen and suffered injured due to the uncovered fiveinch round metal hole in the parking lot. The defendant was negligent in having failed to inspect the test hole or warn pedestrians in the shopping mall about the uncovered test hole. The plaintiff underwent medical care and has sustained permanent functional disability in her left foot, which will impair her for the remainder of her life. The plaintiff claims damages in excess of $2,500. Filed Aug. 29. Case no. CV126010367.

Deeds

Commercial August Dasilva Enterprises L.L.C., Danbury. Seller: Federal National Mortgage Association, Washington, D.C. Property: 72 1/2 Locust Ave., Danbury. Amount: $124,900. Filed Aug. 29. Hambridge L.L.C. Seller: Kamlic Corp L.L.C., Bridgeport. Property: 45 Vincellette St., Bridgeport. Amount: $300,000. Filed Sept. 4.

RMS Ponus Ridge L.L.C., Stamford. Seller: Wood Land Venture L.L.C., Norwalk. Property: 558 Ponus Ridge, New Canaan. Amount: $275,625. Filed Aug. 29.

Brand, David R. and Jessica Rose, Stamford. Seller: Elo W. and Caroline E. Comfort, Stamford. Property: 86 Fifth St., Stamford. Amount: $640,000. Filed Aug. 27.

Douillard, Michael L., Danbury. Seller: Kimberley D. Fletcher, Danbury. Property: 151 Shelter Rock Road, Unit 42, Danbury. Amount: $187,000. Filed Aug. 28.

Valentino L.L.C., Bridgeport. Seller: The Mutual Benefit Society of the Marche Italy Inc., Bridgeport. Property: 32 Beers St., Bridgeport. Amount: $180,000. Filed Aug. 30.

Brown, Ovivian, Bridgeport. Seller: Cani Real Estate Investment Group L.L.C., Trumbull. Property: 184 Jennings Ave., Bridgeport. Amount: $199,500. Filed Aug. 30.

Dubuc, Carmen P., Danbury. Seller: Secretary of Housing and Urban Development Finance Authority, Washington, D.C. Property: 55 Mill Plain Road, Unit 301, Danbury. Amount: $120,000. Filed Aug. 30.

Carswell, Cathy T. and Bruce, Scarsdale, N.Y. Seller: Debra and Wilmore B. Finerman, Greenwich. Property: 26 Alden Lane, Greenwich. Amount: $2,400,000. Filed 193 Howe L.L.C., Shelton. Seller: Aug. 27. Daniel and Deborah S. Grogins, Jupiter, Fla. Property: 191-193 Charlip, Naomi F., Hilton Head, Howe Ave., Shelton. Amount: S.C. Seller: Anne G. Kamens, $179,450. Filed Aug. 31. Richmond, Va. Property: 3200 Park Ave., Unit 11B1, Bridgeport. Anderson, Derek and Kerri, Amount: $200,000. Filed Aug. 30. Shelton. Seller: Daniel J. Firda and Karen J, Shelton. Property: 55 Cheung, Man Ship and Cheung Wigwam Drive, Shelton. Amount: Yi Lam, Naugatuck. Seller: Mary $400,000. Filed Aug. 31. Ann Chan, Durham. Property: 1 E. Hayestown Road, Unit 59, DanAnumolu, Venu B., Bridgeport. bury. Amount: $225,000. Filed Seller: Christine M. Wilson, Oak- Aug. 27. land Fla. Property: 65 Country Place, Shelton. Amount: $165,000. Choudhury, Faisal A., BridgeFiled Sept. 5. port. Seller: the estate of Eleanor C. Laubscher, Bridgeport. Property: Becker, Linda Christine, Shelton. 476 Burnsford Ave., Bridgeport. Seller: Gerald J. Morasen, trustee, Amount: $136,000. Filed Aug. 30. Shelton. Property: 3 Hawley Road, Shelton. Amount: $394,500. Filed Cobb, Frederick D. and MarSept. 4. garet M., Norwalk. Seller: Tracie Windigier, Stamford. Property: 33 Bellinger, Tia C., Norwalk. Miramar Lane, Stamford. Amount: Seller: Christopher and Elizabeth $1,560,000. Filed Aug. 31. McClave, Stamford. Property: 83 Haviland Court, Stamford. Cordova, Luis M., Stamford. SellAmount: $590,000. Filed Aug. 29. er: Ezequiel P. and Maria A. Ulloa, Stamford. Property: 56 Lockwood Berard, Paul, Shelton. Seller: Ave, Stamford. Amount: $350,000. Bong W. Yeon and Julia Yeon, Filed Aug. 30. Shelton. Property: 11 Frans Way, Shelton. Amount: $635,000. Filed Cunningham, Anne P., GreenAug. 31. wich. Seller: Virginia Beach Coudert, Greenwich. Property: Bezviner, Dawn E., Stamford. 16 Georgetown North, Unit 16, Seller: Lila B. Romer, Stamford. Greenwich. Amount: $642,000. Property: 343 Westover Road, Filed Aug. 31. Stamford. Amount: $675,000. Filed Aug. 30. Diaz, Rafael III and Stacy A., Bedford Hills, N.Y. Seller: Colleen Bianco, Frank Jr. and Heather, Moles Krebs, Danbury. PropMahopac, N.Y. Seller: Semyon erty: 11 Autumn Drive, Danbury. and Ludmilla Krislav, Stamford. Amount: $417,000. Filed Aug. 29. Property: 18 Elliot Lane, Stamford. Amount: $632,500. Filed Aug. 30. Dorval, Amy E., Stamford. Seller: Christopher S. Constand, BridgeBlake, Tiimothy and Mary, port. Property: 3250 Fairfield Ave., White Plains, N.Y. Seller: Robert Unit C211, Bridgeport. Amount: S. and Marilyn H. Rodwin, Stam- $141, 000. Filed Sept. 4. ford. Property: 88 Harvest Lane, Stamford. Amount: $512,500. Filed Aug. 27.

Residential

22 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Fiore, Donald and Christine, Hernando, Miss. Seller: James L. Miller and Patricia L. Cody, Danbury. Property: 26 Long Ridge Road, Danbury. Amount: $385,000. Filed Aug. 30. Fuentes, Sandra S., Stamford. Seller: Elisa Socci, Stamford. Property: 28 Berges Ave., Stamford. Amount: $325,000. Filed Aug. 29. Geosits, Eileen and Ralph, Ridgefield. Seller: Toll CT III Ltd. Partnership, Newtown. Property: 46 Warrington Round, Danbury. Amount: $369,405. Filed Aug. 28. Gerullo, John Jr. and Megan Guerriero, Elmsford, N.Y. Seller: Anthony J. and Doretta Olivet, Danbury. Property: 26 Fairmount Drive, Danbury. Amount: $455,000. Filed Aug. 28. Goncalves, Iacirendi, Bridgeport. Seller: Eneida Martinez, Bridgeport. Property: 569 Hawley Ave., Bridgeport. Amount: $74,500. Filed Aug. 29. Gorbachevskiy, Dmitriy and Teresa L., Stratford. Seller: Barbara Simmons, trustee, Coconut Creek, Fla. Property: 155 Berian Road, Stamford. Amount: $432,000. Filed Aug. 27. Guo, Jian and Zhen Bo Guo, Bridgeport. Seller: Jerry and Vernette Coleman, Lame Deer Mount. Property: 595 Woodside Ave., Bridgeport. Amount: $161,000. Filed Aug. 29. Hammond, Nicole N., Stratford. Seller: Madhava Challa and Srilatha Nagaraja, Shelton. Property: 60 Katherine St., Unit 60, Stratford. Amount: $189,900. Filed Aug. 29. Herman, David and Jacqueline, Stamford. Seller: Paragon Relocation Services Inc., Rancho Santa Margarita, Calif. Property: 41 Gregorian Court, Stamford. Amount: $1,310,000. Filed Aug. 27.


on the record K & D Custom Builders L.L.C., Orange. Seller: Ellen S. Toohey, Shelton. Property: Coram Road, Shelton. Amount: $85,000. Filed Sept. 5.

Mereshchak, Roman and Oleksandra, Stamford. Seller: Eric R. Sherman, Ridgefield. Property: 100 Hope St., Unit 22, Stamford. Amount: $335,000. Filed Aug. 30.

Picart, Andrew F. and Lauren, Norwalk. Seller: Joseph and Patricia Roth, Shelton. Property: 257 Dayton Road, Trumbull. Amount: $444,900. Filed Aug. 21.

Spadaccino, Brooke, Shelton. Seller: Thomas and Betty Lee Reitmeyer, Shelton. Property: 10 Yale Ave, Shelton. Amount: $285,000. Filed Sept. 4.

Khalil, Chibli and Margo, Danbury. Seller: Jeannette Bassous and Wafa Haidar, Danbury. Property: 7 Pandanaram Road, Unit 118, Danbury. Amount: $60,000. Filed Aug. 27.

Mitchev, Irene, Stamford. Seller: Mary E. Gillan, Stamford. Property: 19 Woodway Road, Unit 16, Stamford. Amount: $320,000. Filed Aug. 31.

Pike, Paul D. and Katherine A. Spencer-Pike, Elgin, S.C. Seller: Steven Carlino, Stamford. Property: 46 Mill Road, Stamford. Amount: $825,000. Filed Aug. 27.

Stallion Investments L.L.C., Stamford. Seller: Gaurac and Janani Sharma, Stamford. Property: 43 Riverside Ave., Unit 24, Stamford. Amount: was not disclosed. Filed Aug. 28.

Mohammad, Quddus, Stamford. Seller: Rahim Abdur, Jamaica. Property: 46 Fairfield Ave., Stamford. Amount: $341,000. Filed Aug. 27.

Rippowam Corp., Stamford. Seller: Antonio and Vincenzo Catino, Stamford. Property: 40 Clinton Ave., Stamford. Amount: $1,150,000. Filed Aug. 31.

Molnar, Mark and Renee, Trumbull. Seller: David and Janet Bonheim, Trumbull. Property: 69 Ironwood Road, Trumbull. Amount: $726,500. Filed Sept. 4.

Rosado, Christopher and Marisa R., Long Island City, N.Y. Seller: Charles D. and Michele S. Black, Stamford. Property: 2469 Long Ridge Road, Stamford. Amount: $546,000. Filed Aug. 28.

Klein, Steven P. and Terezinha A., Stamford. Seller: Edith Bonizio, Stamford. Property: 89 Harbor Drive, Unit 210, Stamford. Amount: $335,000. Filed Aug. 27. Landi, Brian R. and Amanda, Greenwich. Seller: Matthew R. and Shannon M. Dey, Stamford. Property: 107 Woodbury Ave., Stamford. Amount: $432,850. Filed Aug. 31.

Mookas, Stacie A., Fairfield. Seller: TAGR Development Co. Love, Regina M., Fairfield. Seller: L.L.C., Fairfield. Property: 196 Kenneth J. Stroili, Greenwich. Harborview Ave., Stamford. Property: 1486 Capitol Ave., Unit Amount: $230,000, Filed Sept. 4. E502, Garage FG-4, Bridgeport. Amount: $123,000. Filed Aug. 29. Moss, Charles Jr. and Anne Cook, New York City. Seller: SteMajor, Claude, Stamford. Seller: ven and Michael Nelson, New York William F. and Nicole M. Pa- City. Property: 50 Close Road, zona, Stamford. Property: 29 Greenwich. Amount: $3,150,000. Uncas Road, Stamford. Amount: Filed Aug. 31. $360,000. Filed Aug. 27. Marcinek, Bryan M., Stamford. Seller: Matthew G. Straznitskas and Sharon L. Young, Stamford. Property: 42 Albin Road, Stamford. Amount: $400,000. Filed Aug. 29. McCutcheon, Anthony and Leslie, Riverside. Seller: Corydon B. Jr. and Janet B. Dunham, Greenwich. Property: 58 Indian Head Road, Riverside. Amount: $2,100,000. Filed Aug. 31.

Murren, Patrick Joseph and Jessica Samuolis, Easton. Seller: Francisco and Judiann Eschezabal, Trumbull. Property: 11 Colonial Drive, Trumbull. Amount: $432,000. Filed Sept. 5. Myhre, Norine J., Shelton. Seller: George E. Seresin, Milford. Property: 545 Asbury Ridge, Unit 545, Shelton. Amount: $117,000. Filed Aug. 31.

Olivet, Anthony J. and Doretta L., Danbury. Seller: John M. and McLamore, Samuel N., Brook- Frances Tucci, Danbury. Proplyn, N.Y. Seller: Toll CT III Ltd. erty: 7 Bittersweet Drive, Danbury. Partnership, Newtown. Property: Amount: $313,000. Filed Aug. 28. 15 Warrington Round, No. 32, Danbury. Amount: $371,680. Filed Aug. 30. Paragon Relocation Resources Inc., Rancho Santa Margarita, CaMeindl, Peter and Sarah, River- lif. Seller: Nicholas and Julie Hamp, side. Seller: Forbes S. and Patricia Stamford. Property: 41 GregoA. Hopper, Riverside. Property: 27 rian Court, Stamford. Amount: Leeward Lane, Riverside. Amount: $1,310,000. Filed Aug. 27. $4,000,000. Filed Aug. 30.

Scharff, Steven A. and Janine May, Stamford. Seller: Theodore A. and Maria Conforti, Greenwich. Property: 116 Woodside Drive, Greenwich. Amount: $1,425,000. Filed Aug. 28.

Straub, Melissa, Greenwich. Seller: Mary Osborne, Stamford. Property: 330 Hycliff Terrace, Stamford. Amount: $1,020,000. Filed Aug. 30. Sundaram, Vijay and Chitra, Riverside. Seller: James F. Kennedy, Greenwich. Property: 38 Carriglea Drive, Riverside. Amount: $2,070,000. Filed Aug. 27. Topar, Stanley, Bridgeport. Seller: Maria C. Rodriguez, Fairfield. Property: 833 Ellsworth St., Bridgeport. Amount: $136,500. Filed Sept. 4.

Toto, Joseph, Shelton. Seller: Scheck, Mark and Zozana, Strat- Robert Carne, Huntersville, N.C. ford. Seller: Joseph A. Donaldson, Property: 59 Bruce Ave., Shelton. Norwalk. Property: Lenox Square Amount: $202,000. Filed Sept. 4. Condo, Unit G-6, Bridgeport. Amount: $36,500. Filed Sept. 4. Wang, Wenling, Greenwich. Seller: Nancy J. McGrath, Greenwich. Schulman, David W., Stamford. Property: 4 Soundview Court, Seller: Martin S. and Patricia L. Greenwich. Amount: $636,500. Schulman, Stamford. Property: 18 Filed Aug. 31. Hillview Lane, Stamford. Amount: $300,000. Filed Aug. 27. Williams, Michael J. and Rochelle, Brookfield. Seller: Nicholas Sellner, Marcia T., Danbury. Sell- III and Christine M. Rozdilsky, er: John O’Hara, Danbury. Prop- Danbury. Property: 254 Middle erty: 3 Lamppost Drive, Danbury. River Road, Danbury. Amount: Amount: $302,000. Filed Aug. 28. $345,000. Filed Aug. 28. Sevilla, Eusebio M. and Donna M., Denver, N.C. Seller: Christina M. Formichella, Bridgeport. Property: 458 Brewster St., Bridgeport. Amount: $325,000. Filed Aug. 29.

Yang, Zhifeng, Fairfield. Seller: Lillian R. Reynolds, Bridgeport. Property: 485 Pearl Harbor St., Bridgeport. Amount: $30,000. Filed Aug. 29.

Siddiqui, Javaid A. and Nazish S. Khan, Norwalk. Seller: Juhi Foreclosures Naithani and Ashish Bagai, Vienna, Va. Property: 777 Plattsville Road, Trumbull. Amount: 848 Maplewood Association L.L.C., et al., Bridgeport. Creditor: $435,000. Filed Sept. 4. Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 848Solomon, Tamar, Stamford. Sell- 850 Maplewood Ave., Bridgeport. er: Hudson Savings Bank, Para- Property tax liens. Filed Sept. 4. mus, N.J. Property: 40 Riverside Ave., Unit 4, Stamford. Amount: $323,500. Filed Aug. 30.

1375 Chapel Street Association L.L.C., et al., Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 482-486 Kossuth St., Bridgeport. Property tax liens. Filed Sept. 4. Albanetti, Thomas, et al., Danbury. Creditor: Eastern Savings Bank, Hunt Valley, Md. Property: 3 Clarson Place, Danbury. Mortgage default. Filed Aug. 27. Calheira, Renata L., Bridgeport. Creditor: Deutsche Bank Trust Co., trustee, Los Angeles, Calif. Property: 201 Bretton St., Unit D9, Bridgeport. Mortgage default. Filed Aug. 29.

Medina, Rosmira, et al., Danbury. Creditor: U.S. Bank N.A., trustee, Salt Lake City, Utah. Property: 10 Crestdale Drive, Danbury. Mortgage default. Filed Aug. 29. Metropolitan Business Association Inc., Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 1206-1214 Stratford Ave., Bridgeport. Property tax liens. Filed Sept. 4. Morel, Leocadia, et al., Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 196 East Ave., Bridgeport. Property tax liens. Filed Sept. 4.

Dreckett, Richard, et al., Bridgeport. Creditor: Ocwen Loan Servicing L.L.C., West Palm Beach, Fla. Property: 275 Clark St., Bridgeport. Mortgage default. Filed Aug. 29.

Mystic Builders L.L.C., et al., Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 860 Platt St., Bridgeport. Property tax liens. El Tropical Café and Grill Filed Sept. 4. L.L.C., et al., Bridgeport. Creditor: Benchmark Municipal Tax Servic- New Era Lodge, No. 290, et al., es Ltd., Bridgeport. Property: 221 Bridgeport. Creditor: Benchmark Beach St., Bridgeport. Property tax Municipal Tax Services Ltd., liens. Filed Sept. 4. Bridgeport. Property: 25-27 Orange St., Bridgeport. Property tax Hummel, Jason, et al., Bridge- liens. Filed Sept. 4. port. Creditor: Citimortgage Inc., O’Fallon, Mo. Property: 2391- Nnamezie, Ngozi, Bridgeport. 2393 Main St., Bridgeport. Mort- Creditor: Federal National Mortgage default. Filed Aug. 29. gage L.L.C., Washington D.C. Property: 669-671 Kossuth St., Isaacs, Quinn, et al., Bridgeport. Bridgeport. Mortgage default. Creditor: Benchmark Munici- Filed Aug. 29. pal Tax Services Ltd., Bridgeport. Property: 548-550 Gregory St., Perry, Vincent, et al., Bridgeport. Bridgeport. Property tax liens. Creditor: Benchmark MuniciFiled Sept. 4. pal Tax Services Ltd., Bridgeport. Property: 560 Bishop Ave., BridgeJoseph, Ulrick, et al., Bridge- port. Property tax liens. Filed Sept. port. Creditor: Benchmark Mu- 4. nicipal Tax Services Ltd., Bridgeport. Property: 71 Whitney Ave., Raynor, Paul, et al., Bridgeport. Bridgeport. Property tax liens. Creditor: Benchmark MuniciFiled Sept. 4. pal Tax Services Ltd., Bridgeport. Property: 1116-1118 Stratford Laurel Avenue Development Ave., Bridgeport. Property tax L.L.C., et al., Bridgeport. Creditor: liens. Filed Sept. 4. Benchmark Municipal Tax Services Ltd., Bridgeport. Property: Raytar, Darlene S., et al., Bridge148-154 Laurel Ave., Bridgeport. port. Creditor: Benchmark MuProperty tax liens. Filed Sept. 4. nicipal Tax Services Ltd., Bridgeport. Property: 117 Princeton St., Martinez, Jose R., et al., Bridge- Bridgeport. Property tax liens. port. Creditor: Benchmark Mu- Filed Sept. 4. nicipal Tax Services Ltd., Bridgeport. Property: 983-985 Kossuth St., Bridgeport. Property tax liens. Filed Sept. 4.

THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 23


on the record Rivera, Johnny C., et al, Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 526-528 Norman St., Bridgeport. Property tax liens. Filed Sept. 4.

Copeland, Leonie, Stamford. $580.00 in favor of Obstetrics and Gynecology Associates OBGA, Stamford, by Robert L. Peat, Danbury. Property: 30 Cady St., Stamford. Filed Aug. 27.

O’Brien, Thomas S., et al., Stamford. $5,521.34 in favor of Ford Motor Credit Co. L.L.C., Livonia, Mich., by Nair & Levin P.C., Bloomfield. Property: 283 Sun Dance Road, Stamford. Filed Aug. 28.

Zamani, Djamshid, Stamford. $10,040.97 in favor of Discover Bank, Salem, N.H., by Raymond G. Rocky Hill. Property: 101 Cold Spring Road, Stamford. Filed Aug. 30.

Roberts, Edith M., Bridgeport. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 131-137 Columbia St., Bridgeport. Property tax liens. Filed Sept. 4.

Delfino, Maureen C., Trumbull. $9,260.17 in favor of RAB Performance Recoveries L.L.C., Paramus, N.J., by Stephen A. Wiener, East Hartford. Property: 33 Suzanne Circle, Trumbull. Filed Sept. 4.

O’Connell, Kelly, Shelton. $2,342.77 in favor of Midland Funding L.L.C., San Diego, Calif., by Stephen A. Wiener, East Hartford . Property: 708 Booth Hill Road, Shelton. Filed Aug. 3.

Liens

Derival, Ghislaine, Stamford. $5,539.92 in favor of RAB Performance Recoveries L.L.C., by Stephen A. Wiener, East Hartford. Property: 81 Euclid Ave., Stamford. Filed Aug. 30.

Oliveira, Jairo, Danbury. $14,518.18 in favor of Ford Motor Credit Co. L.L.C., Livonia, Mich., by Nair & Levin P.C. Property: 31 Rocky Glen Road, Danbury. Filed Aug. 27.

Sandi, Ana Maria, Bridgeport. Creditor: Countrywide Home Loans Servicing L.P., Charlotte, N.C. Property: 130 Ashton St., Bridgeport. Mortgage default. Filed Aug. 29. Sollima, Joe, et al., Trumbull. Creditor: People’s Bank, Bridgeport. Property: 45 Lorma Drive, Trumbull. Mortgage default. Filed Sept. 5.

Dunn, Thomas M., Shelton. $14,627.10 in favor of RAB Performance Recoveries L.L.C., Paramus, N.J., by Stephen A. Wiener, East Hartford. Property: 6 Knollwood Terrace, Shelton. Filed T.A.R. L.L.C., et al., Bridgeport. Aug. 30. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 119-123 Johnson St., Green, Charles E., Danbury. Bridgeport. Property tax liens. $14,463.64 in favor of Asset Acceptance L.L.C., Warren, Mich., by JoFiled Sept. 4. seph M. Tobin, New Haven. Property: 6 White Oak Drive, Danbury. Technico-op Inc., et al., Bridge- Filed Aug. 28. port. Creditor: Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 1856 Stratford Jagodzinski, Jon, et al., Stamford. Ave., Bridgeport. Property tax $6,940 in favor of Connecticut Floor Supply Inc., Wilton, by Williens. Filed Sept. 4. liam A. Pelletreau. Property: 44 Idlewood Drive, Stamford. Filed Uribe, Juan, Bridgeport. Creditor: Aug. 31. Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 106-110 Clifford St., Bridgeport. Karagianes, Naomi, Danbury. $1,290.20 in favor of Danbury Property tax liens. Filed Sept. 4. Hospital, Danbury, by Robert L. Peat, Danbury. Property: 6 Belair Drive, Danbury. Filed Aug. 27.

Judgments

Alfaro, Walter A., Stamford. $4,995.01 in favor of RAB Performance Recoveries L.L.C., Paramus, N.J., by Stephen A. Wiener, East Hartford. Property: 60 Pine Tree Drive, Stamford. Filed Aug. 27.

Leary, Lynn, Danbury. $5,972.52 in favor of Danbury Hospital, Danbury, by Robert L. Peat, Danbury. Property: 6 Sunset Drive, Danbury. Filed Aug. 27.

Legan, Anthony, Danbury. $680 in favor of Danbury Hospital, Danbury, by Robert L. Peat, DanCastillo, Joaquin, Stamford. bury. Property: 49 Farm St., Dan$9,618.04 in favor of Midland bury. Filed Aug. 27. Funding L.L.C., San Diego, Calif., by Stephen A. Wiener, East Hartford. Property: 244 Hillandale Madar, Hajnalka, Bridgeport. $13,002.59 in favor of Cavalry SPV Ave., Stamford. Filed Aug. 30. I L.L.C., Valhalla, N.Y., by Joseph M. Tobin, New Haven. Property: Cherry, Rena D., Danbury. 94 Wedgewood Place, Bridgeport. $22,197.28 in favor of Connecti- Filed Aug. 29. cut Light and Power Co., Berlin, by Danielle E. Duprey, Waterbury. Property: 25 Pandanaram Road, Unit 62, Danbury. Filed Aug. 27.

Cayer, Maurice A., 8 Buddington Park, Shelton. $55,646.08, tax debt on income earned. Filed Sept. 4.

Sicinski, Linda D., Shelton. $8,106.17,in favor of Citibank N.A., Sioux Falls, S.D., by Stephen A. Wiener, East Hartford. Property: 47 Pawtucket Ave., Shelton. Filed Sept. 6. Smith, Larcenia G., Bridgeport. $1,669.66 in favor of CACH L.L.C., Denver, Colo., by Joseph M. New Haven. Property: 3200 Madison Ave., Unit 23C, Bridgeport. Filed Aug. 29.

Bell, Annie F., et al., Bridgeport. Filed by Mario Arena: Hunt, Leibert, Jacobson P.C., Hartford, for M&T Bank, Baltimore, Md. Property: 390 Charles St., Unit 210, Bridgeport. Action: to foreclose a Caffray, William Gillespie and delinquent mortgage in the origiPatricia Coughlin Gillespie, nal principle amount of $169,200 Greenwich. Filed by Eric J. Smith dated April 2008. Filed Aug. 30. Architect P.C. Property: 24 Conyers Farm Drive, Greenwich. Amount: $332,027. Filed Aug. 30. Bloom, John D., et al., Danbury. Filed by Alan P. Rosenberg P.C., West Hartford, for Woodside EsExpert Construction Group tates Community Association L.L.C., Stamford. Filed by JV Inc. Property: Woodside Estates, 7 Stone L.L.C., Stamford, by Jaime Eden Drive, Unit 4, Danbury. AcMurcia. Property: 20 Waverly tion: to foreclose on the unit to rePlace, Stamford. Amount: $13,263. cover delinquent common charges Filed Aug. 31. due the association. Filed Aug. 29.

J&V Stone L.L.C., 117 Henry St., Stamford. $10,551.43, payroll taxHenson, Jane Anne, New York es. Filed Aug. 27. City. Filed by Frost Builder’s L.L.C., Greenwich, by Leroy Frost, Katies Gourmet Inc., 29 Bank Greenwich. Property: 47 Meadow St., Stamford. $17,132.22, payroll Wood Drive, Greenwich. Amount: $26,353. Filed Aug. 28. taxes. Filed Aug. 27.

Prokop, Kimberly, et al., Shelton. $3,280.50 in favor of Griffin Hospital, Derby, by Karen E. Lahey, Kosiorek, Mike, 25 Angell Ave., Waterbury. Property: 38 Old Co- Shelton. $57,893.98, tax debt on ram Road, Shelton. Filed Sept. 5. income earned. Filed Sept. 4. Santiago, Carlos, Bridgeport. $9,684.77 in favor of CACH L.L.C., Denver, Colo., by Joseph M. Tobin, New Haven. Property: 249 Cedar St., No. 251, Bridgeport. Filed Aug. 29.

Babashak John F. III, et al., Stamford. Filed by Nicole M. Fitzgerald, Farmington, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 135 Davenport Farm Lane, Stamford. Action: to Viking Development Inc., foreclose a delinquent mortgage 5 boysenberry Lane, Shelton. in the original principle amount $17,752.80, payroll taxes. Filed of $801,500 dated April 2007. Filed Aug. 28. Aug. 31.

Federal Tax Liens Mechanic’s Liens - Filed - Filed

Dimassimo, Carol Patricia, 1 Grigg St., Apt. 4, Greenwich. $7,771.57, tax debt on income Patel, Minaxi H., Danbury. earned. Filed Aug. 27. $24,695.08 in favor of Unifund Corp., Cincinnati, Ohio, by Joseph M. Tobin, New Haven. Property: Imperial Limousine Inc., 4 Cor24 white Oak Drive, Danbury. porate Drive, Shelton. $268.07, payroll taxes. Filed Sept. 4. Filed Aug. 28. Prokop, Kimberly, et al., Shelton. $3,280.50 in favor of Griffin Hospital, Derby, by Karen E. Lahey, Waterbury. Property: 37 Fairfield Ave., Shelton. Filed Sept. 5.

Martin, James M. and Cynthia L. Turski, 32 Huntington Plaza, Shelton. $2,331.48, tax debt on income earned. Filed Sept. 4.

Silra Inc., 137 Sellleck St., No. 139, Stamford. $34,586.49, payroll taxes. Filed Aug. 27. Watson, Julie D., 20 Dean St., Stamford. $6,189.26, tax debt on income earned. Filed Aug. 27.

Federal Tax Liens - Released Addanki, Sanjaya., 4 Louis Allan Drive, Danbury. $154,101.68, tax debt on income earned. Filed Aug. 28.

DaSilca, Domingos A. and Ronarita, 482 Cowperthwaite St., Thomas, Carl, et al., Bridgeport. Danbury. $8,606.43, tax debt on $1,619.74 in favor of Credit Accep- income earned. Filed Aug. 28. tance Corp., South Field, Mich., by Nair & Levin P.C., Bloomfield. Property: 731 Boston Ave., Unit Greenspon, Barry and Rosemary, 191 Shore Road, Old 08A, Bridgeport. Filed Sept. 4. Greenwich. $46,843.51, tax debt on income earned. Filed Aug. 23. Trovarelli, Nick, Shelton. $2,933.21 in favor of Griffin Hospital, Derby, by Karen E. Lahey, Waterbury. Property: 1 Hemlock Drive, Shelton. Filed Sept. 5.

Brooks, Robert, et al., Bridgeport. Filed by Louis C. Zowine, Becker & Zowine L.L.C., Bridgeport, for People’s United Bank, Bridgeport. Property: 444-446 Ridgefield Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the origiLee, Linda D. and Paul, Stamford. nal principle amount of $153,000 Filed by Sullivan Architecture, dated May 1987. Filed Sept. 4. White Plains, N.Y., by John P. Sullivan. Property: 297 Rock Rim- Carbajal, Joaquin, et al., Stammon Road, Stamford. Amount: ford. Filed by Tamar T.J. Blazer, $15,942. Filed Aug. 30. Stamford, for Waterside Green Association Inc., Stamford. Property: 1 Southfield Ave, Unit 105A, Stamford. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 31.

Mechanic’s Liens - released

Madison, Michael, et al., Shelton. Filed by Baybrook Remodelers Inc., West Haven, by Bradley K. Cooney, Madison. Property: 54 Sunset Drive, Shelton. Amount: $10,923. Filed Sept. 6.

Lis Pendens Aguero, Gustavo B., Bridgeport. Filed by Erik Loftus: Hunt, Leibert, Jacobson P.C., Hartford, for U.S Bank N.A., trustee, Salt Lake City, Utah. Property: 562-564 Dewey St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $260,000 dated January 2007. Filed Sept. 4.

24 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Chiapetta, Melissa, et al., Stamford. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for Citimortgage Inc., O’Fallon, Mo. Property: 154 Cold Spring Road, Unit 43, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $217,600 dated September 2007. Filed Aug. 27. Chilinsky, Stephen A., et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 111 Corn Tassel Road, Bridgeport. Action: to foreclose of sewer use charges against this unit. Filed Aug. 29.


on the record Cosgrove, Daniel T., et al., Greenwich. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for CitiMortgage Inc., O’Fallon, Mo. Property: 339 Riversville Road, Greenwich. Action: to foreclose a delinquent mortgage in the original principle amount of $880,000 dated January 2008. Filed Aug. 28. Crowson, Susan K., et al., Danbury. Filed by John J. Ribas, Bridgeport, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 89 Stanley Rough Road, Danbury. Action: to foreclose the tax liens levied by the city of Danbury. Filed Aug. 28. Delvechio, Mario Jr., Bridgeport. Filed by John J. Ribas, Bridgeport, for Glen Garden Condominium Association Inc., Stamford. Property: 495 Glendale Ave., Unit 16, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Aug. 29. Dicocco, Anthony, et al., Bridgeport. Filed by Walter M. Spader, North Branford, for Tower Lien L.L.C., Jupiter, Fla. Property: 93 Thompson St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 29. Donahue, Joseph, et al., Stamford. Filed by Phillip Russel L.L.C., Greenwich, for Lehaney, John, et al., Stamford. Property: 939 High Ridge Road, Stamford. Action: the defendant unlawfully conveyed, transferred or otherwise disposed of the subject property. Filed Aug. 27. Esplanade L.L.C., et al. Bridgeport. Filed by John J. Ribas, Bridgeport, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 731 Reservoir Ave., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 29. Fiorita, Jeb, et al., Greenwich. Filed by Erik Loftus: Hunt, Leibert, Jacobson P.C., Hartford, for CitiMortgage Inc., O’Fallon, Mo. Property: 9 River Road, Unit 415, Greenwich. Action: to foreclose a delinquent mortgage in the original principle amount of $286,561 dated August 2003. Filed Aug. 27.

Fortt, Guy A., et al., Stamford. Filed by Adrienne Roach, Hartford, for OneWest Bank F.S.B., Pasadena, Calif. Property: 263 W. Broad St., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $470,000 dated February 2007. Filed Aug. 27. Galian, John, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 516 Vincellette St., Unit A-1, Bridgeport. Action: to foreclose the tax liens levied by the City of Bridgeport. Filed Aug. 30. Godfrey, Colin G., et al., Stamford. Filed by Erik Loftus, Hartford, for Green Tree Servicing L.L.C., Rapid City, S.D. Property: 65 Glenbrook Road, Unit 10H, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $299,250 dated January 2008. Filed Aug. 30. Gorman, Harry, et al., Danbury. Filed by Erik Loftus: Hunt, Leibert, Jacobson P.C., Hartford, for The Bank of New York Mellon, trustee, New York City. Property: 2 Parkwood Terrace Drive, Danbury. Action: to foreclose a delinquent mortgage in the original principle amount of $320,000 dated March 2007. Filed Aug. 27. Heirs of Adelaida N. Coriano, Bridgeport. Filed by John J. Ribas, Bridgeport, for Sherman Place Condominium Association Inc., Bridgeport. Property: 66 Sherman St., Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Aug. 29.

Herrera, Maribel, et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for Park View Condominium Association of Bridgeport Inc., Bridgeport. Property: 769 Sylvan Ave., Unit 13, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Aug. 29.

Lilley, Christine, et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 175-177 Alexander Drive, Bridgeport. Action: to foreclose of sewer use charges against this unit. Filed Aug. 29.

Momjian, Ara, et al., Stamford. Filed by Adrienne Roach, Hartford, for CitiMortgage Inc., O’Fallon, Mo. Property: 144 Highline Trail, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $450,000 dated January 2004. Filed Aug. 27.

Peterson, George, et al., Bridgeport. Filed by Walter M. Spader, The Marcus Law Firm, North Branford for American Tax Funding L.L.C., Jupiter, Fla. Property: 1041-1043 Noble Ave., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 29.

Hickley, Vanessa J., et al., Stamford. Filed by Tamar T.J. Blazer, Stamford, for Sylvan Knoll Section 1 Inc., Stamford. Property: 419 Sylvan Knoll Road, Stamford. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 31.

Ludanyi, Reka S., et al., Danbury. Filed by Alan P. Rosenberg P.C., West Hartford, for River Woods of Danbury Association, Danbury. Property: 32 Oil Mill Road, No. 15, Danbury. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 29.

Nadro, Sara, et al., Stamford. Filed by Mark A. Sank, Mark Sank & Associates L.L.C., Stamford, for Second Fairlawn Condominium Association Inc., Stamford. Property: 50 Courtland Ave., Apt. A4, Stamford. Action: to claim a foreclosure. Filed Aug. 28.

Pitts, Shirley Ilene, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 46 Brothwell St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 30.

Nagiev, Adil H., Stamford. Filed by Matthew B. Woods, Norwalk, for Hudson City Savings Bank, Yonkers, N.Y. Property: 910 Hope St., Unit 3B, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $156,800 dated February 2010. Filed Aug. 30.

Rogers, Lisa G., et al., Shelton. Filed by Robert A. Pacelli Jr., Bridgeport, for Birmingham on the River Condo Assoc Inc., Shelton. Property: 145 Canal St., Unit 5, Shelton Action: to claim a foreclosure on an association lien. Filed Sept. 4.

Natera, Virginia, et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for Benchmark Municipal Tax Services Ltd., Bridgeport. Property: 563-569 Stillman St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 29.

Ryan, Robert T. Jr., et al, Bridgeport. Filed by Robert A. Pacelli Jr., Bridgeport, for Livingston House Condominium Association Inc., Bridgeport. Property: 183 Livingston Place, Unit 11, Bridgeport. Action: to foreclose a lien held by the Plaintiff against real property. Filed Sept. 4.

Norman, Simon V. Jr., Bridgeport. Filed by Walter M. Spader, The Marcus Law Firm, North Branford, for American Tax Funding L.L.C., Jupiter, Fla. Property: 13 Red Oak Road, Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 29.

Sarri, Paulo, et al., Danbury. Filed by Alan P. Rosenberg P.C., West Hartford for Park Ridge Condominium Association Inc., Danbury. Property: 8 Rose Lane, Unit 24-19, Danbury. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 29.

Orengo, Francisco, et al., Bridgeport. Filed by Jessica L. Braus, Glass and Braus, Fairfield for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 486 Anton St., Bridgeport. Action: to claim a foreclosure on a lease. Filed Sept. 4.

Silveira, Alzira, Stamford. Filed by William R.Dziedzic, Bendett & McHugh, Farmington, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 27 Mercedes Lane, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $552,000 dated August 2006. Filed Aug. 29.

Jansson, Jill S., Bridgeport. Filed by Kevin Casini, Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 284 West Ave., Unit 4, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $123,500 dated July 2007. Filed Sept. 4. Juarez, Miguel, et al., Stamford. Filed by Mark J. Kovack, Berchem, Moses & Devlin P.C., Westport, for Connecticut Community Bank, Norwalk. Property: 17 Stillwater Place, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of which was not disclosed. Filed Aug. 31. Komaromi, Joseph A., et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 86 Colony St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 30.

Heirs of Estate of Janice G. King, Bridgeport. Filed by John J. Ribas, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 85 Valley Circle, Bridgeport. Action: to foreclose of sewer use charges against this unit. Filed Aug. 29.

Lacombe, Elizabeth Sylvester, Shelton. Filed by Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 87 Coram Road, Shelton. Action: to foreclose a delinquent mortgage in the original principle amount of $100,000 dated September 2007. Filed Aug. 30.

Heirs of Lawrence Owens, Bridgeport. Filed by John J. Ribas, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 7 Exeter St., Bridgeport. Action: to foreclose of sewer use charges against this unit. Filed Aug. 30.

Ligi, Anne Marie, et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for Park Royal of Bridgeport Condominium Association Inc., Bridgeport. Property: 2600 Park Ave., Unit 6J, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Aug. 30.

Marino, Maureen V., et al., Bridgeport. Filed by Jeffrey M. Knickerboxer, Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 193 Virginia Ave., Unit A, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $67,000 dated July 2007. Filed Aug. 30. Martinez, Daniel, et al., Bridgeport. Filed by John R. Palumbo, Waterbury, for Habitat for Humanity William Street Condominium Association Inc., Bridgeport. Property: 247A William St., Bridgeport. Action: to claim a foreclosure, a lien in favor of plaintiff. Filed Aug. 29. Mendez, Jose, et al., Stamford. Filed by Mark A. Sank, Mark Sank & Associates, L.L.C., Stamford, for Westcott Cove Condominium, Stamford. Property: 69 Cove Road, Unit B18, Stamford. Action: to claim a foreclosure. Filed Aug. 29. Miloscia, Doris, et al., Danbury. Filed by Alan P. Rosenberg P.C., West Hartford, for Ridgewood Condominium Association Inc., Danbury. Property: Ridgewood Condominium, Unit 39, Building No. 2, Danbury. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 29. Mohamed, Hesham, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 1409-1411 Park Ave., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 30.

Patel, Shash, et al., Bridgeport. Filed by Kevin Casini, Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 3200 Madison Ave, Unit 22, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $109,600 dated July 2003. Filed Aug. 30.

St. Louis Fils, Bridgeport. Filed by, Erik Loftus, Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 40-42 Tremont Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $369,663 dated September 2009. Filed Sept. 4.

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on the record Stewart, Shelly, et al., Bridgeport. Filed by Jason E. Brooks, Stamford, for Connecticut Housing Finance Authority, Bridgeport. Property: 205 Bretton St., Unit D2, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $93,684 dated June 2008. Filed Aug. 30.

Vizcarrondo, Maria, et al., Stamford. Filed by Marylou Scofield, Farmington, for U.S. Bank N.A., trustee, Salt Lake City, Utah. Property: 65 Treat Ave., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $358,000 dated October 2005. Filed Aug. 30.

Woods, Irene, et al., Stamford. Filed by Tamar T.J. Blazer, Stamford, for Candlelight Terrace Association of Stamford Inc., Stamford. Property: 154 Cold Spring Road, Unit 1, Stamford. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 31.

Sullivan, Lloyd A., et al., Bridgeport. Filed by Jeffrey M. Knickerboxer, Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 234 Palmetto Road, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $265,000 dated July 2005. Filed Sept. 4.

Waters, William F., et al., Danbury. Filed by Marylou Scofield, Bendett & McHugh, Farmington for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 5 Rose Lane, Danbury. Action: to foreclose a delinquent mortgage in the original principle amount of $175,000 dated July 2007. Filed Aug. 28.

Zaleta, Cecella, L., Bridgeport. Filed by Robert N. Sensale, Bershtein, Volpe & McKeon P.C., New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 170 Hillcrest Road, Bridgeport. Action: to foreclose the tax liens levied by the City of Bridgeport. Filed Sept. 4.

Vansickle, James T., et al., Trumbull. Filed by Jo-Ann Sensale, Farmington, for U.S Bank N.A., trustee, Salt Lake City, Utah. Property: 2 Saginaw Trail, Shelton. Action: to foreclose a delinquent mortgage in the original principle amount of $164,000 dated August 2003. Filed Aug. 30. Vazquez, Pascacio, et al., Bridgeport. Filed by Erik Loftus, Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 153-155 Weber Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $270,100 dated June 2006. Filed Sept. 4.

Wiegand, Martin J., et al., Danbury. Filed by Jeffrey M. Knickerboxer, Hartford, for OneWest Bank F.S.B., Pasadena, Calif. Property: 24 Old Lantern Road, Danbury. Action: to foreclose a delinquent mortgage in the original principle amount of $544,185 dated April 2006. Filed Aug. 28. Wilson, Ann, et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for Water Pollution Control Authority for the city of Bridgeport. Property: 44 Victory St., Bridgeport. Action: to foreclose of sewer use charges against this unit. Filed Aug. 29.

Mortgages 1-3 Smith Street L.L.C., Greenwich, by Alexander Ioffe. Lender: National Bank Association U.S.A. N.A., Depew, N.Y. Property: 1-3 Smith St., Greenwich. Amount: $417,000. Filed Aug. 23. Bridgeport Renaissance L.L.C., Stamford, by John Hiden. Lender: 1155 Railroad Ave. L.L.C., Bridgeport. Property: 1155 Railroad Ave., Bridgeport. Amount: $1,125,000. Filed Aug. 29. Hambridge L.L.C., Bridgeport, by Clive L. Hamilton. Lender: Bank of America N.A., Westerville, Ohio. Property: 45 Vincellette St., Bridgeport. Amount: $255,000. Filed Sept. 4.

K Wells Street L.L.C., Fairfield. Lender: Oritani Bank, Pascack Patents Road, N.J. Property: 335 Wells and 147 Charles streets, Bridgeport. Amount: $1,250,000. Filed Cup assembly. Patent no. 8,256,641 issued to Ross RanAug. 30. dolph, Rockaway, N.J.; and Joseph Sejnowski, North Kingstown, R.I. New Businesses Assigned to Playtex Products Inc., Westport. Across the Universe Foundation, 13 A Rippowam Road, Cos Materials and methods to proCob 06807, c/o Dean Alexandre. duce desired image-drum surFiled Aug. 27. face topography for solid-ink jet. Patent no. 8,256,886 issued Avenue Café, 342 Greenwich Ave., to Sean W. Harris, Portland, Ore.; Greenwich 06830, c/o Denise A. David Ruff, Sherwood, Ore.; Mark Taft, Tualatin, Ore.; KathMalpeso. Filed Aug. 29. erine D. Weston, Lansdale, Pa.; Barry Reeves, Lake Oswego, Ore.; Center for Luxury and Affluent Jignesh Sheth, Wilsonville, Ore.; Studies, 8 Quintard Ave., Green- Paul McConville, Webster, N.Y.; wich 06870, c/o Shullman Re- David VanKouwenberg, Avon, search Group L.L.C. Filed Aug. 27. N.Y.; Pinyen Lin, Rochester, N.Y.; and Trevor Snyder, Newberg, Ore. Assigned to Xerox Corp., NorChosen Church of Jesus Christ, walk. 78 Oak Ridge St., c/o Marie H. Dume. Filed Aug. 27. Module-to-module skew alignment. Patent no. 8,256,768 issued Greenwich Bay Capital, 245 Mill to Martin Krucinski, Webster, N.Y. St., Greenwich 06831, c/o James Assigned to Xerox Corp., NorIonatowich. Filed Aug. 30. walk.

Printing lenticular images and lenses on printers with UVcured gel deposition capability. Patent no. 8,256,888 issued to Richard Horn, Claremont, Calif. Assigned to Xerox Corp., Norwalk. Releasable undercoat layer and methods for using the same. Patent no. 8,257,892 issued to Jin Wu, Pittsford, N.Y.; Yuhua Tong, Webster, N.Y.; Helen R. Cherniack, Rochester, N.Y.; Edward F. Grabowski, Webster, N.Y.; Kent J. Evans, Lima, N.Y.; and Nancy L. Belknap, Rochester, N.Y. Assigned to Xerox Corp., Norwalk. Sheet registration using edge sensors. Patent no. 8,256,767 issued to Lloyd A. Williams, Mahopac, N.Y.; and Joannes N. M. deJong, Hopewell Junction, N.Y. Assigned to Xerox Corp., Norwalk.

System and method for compensating for small ink drop size in an indirect printing system. Patent no. 8,256,857 issued to Jeffrey J. Folkins, Rochester, N.Y.; and David A. Mantell, Rochester, N.Y. Assigned to Xerox Corp., Metropolitan Marine Consul- Optimizing video-stream pro- Norwalk. tants - Connecticut, 2A Wheeler cessing. Patent no. 8,259,175 isDrive, Danbury 06811, c/o Rich- sued to Russell Bobbitt, Pleasantard C.K. Curtin. Filed Aug. 27. vile, N.Y.; Quanfu Fan, Somerville, Toner compositions and proMass.; Sachiko Miyazawa, Bronx, cesses. Patent no. 8,257,895 isN.Y.; Sharathchandra Pankanti, sued to Ke Zhou, Oakville, Calif.; Darien; and Yun Zhai, Mount Edward Zwartz, Mississauga, Kisco, N.Y. Assigned to Interna- Calif.; Karen Moffat, Brantford, tional Business Machines Corp., Calif.; and Guerino G. Sacripante, Oakville, Calif. Assigned to Xerox Armonk, N.Y. Corp., Norwalk.

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26 Week of September 17, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com


Business ConneCtions Economic DEvElopmEnt

EvEnts

Daylight Ahead for Economy?

Fairfield County Economic Outlook

W

ait another six to nine months, says Moody’s Analytics Senior Economist Ryan Sweet, and you’ll see the U.S. economy shifting into higher gear.

Until then, however, expect something more like neutral. Sweet and several other economists spoke at CBIA’s The Connecticut Economy Conference in Rocky Hill, co-presented by the Barney School of Business at the University of Hartford, and Hartford Area Business Economists.

YES

Hiring incHES Up Source: 2012 Survey of Connecticut Businesses, CBIA and BlumShapiro

44%

YES

43%

Do you anticipate hiring any full-time employees in 2013?

Did your company hire any full-time employees in 2012?

Businesses are still uncertain about the economy, he said, and “when businesses are worried, they don’t have the confidence to hire.” Witness the latest U.S. jobs numbers showing that the economy added 96,000 jobs in August—but another 368,000 people dropped out of the labor market. News like that underlined Sweet’s prediction that the economy won’t exactly move forward, but will go “more sideways for the next six to nine months.” However, Sweet was optimistic that pent-up consumer demand for housing and vehicles, for example, “is going to be unleashed in the second half of 2013,” getting us out of neutral and into gear again. Some of the most encouraging news was contained in the CBIA/BlumShapiro 2012 Survey of Connecticut Businesses, which was released at the conference. Business profitability is starting to increase again and hiring is also on the uptick in the state, according to the survey. “Our state economy is making progress on many fronts, including manufacturing and education reform,” said Tom DeVitto, chief marketing officer for BlumShapiro. But more work needs to be done “to create a more favorable business climate if we expect Connecticut companies to stay here and thrive.”

While the panel of experts asked the more than 200 gathered businesspeople for patience as the economy rumbles along, they also asked state policymakers to put a little more “oomph” into their efforts in “creating a winning environment” for businesses, said Nick Perna, economic advisor to Webster Bank. A positive business environment, he said, has “predictable” tax policy, and a commitment to paying down the state’s monumental indebtedness. And since confidence is key, added Perna, lawmakers should “bring down the cost of doing business in Connecticut and do it in a way that, six months from now, [the state] won’t be coming back after them again.” Steve Lanza, executive editor of The Connecticut Economy, A University of Connecticut Quarterly Review, also cautioned that it’s also important to create a business environment “that’s good for all businesses, not just targeted, favored businesses.” Other panelists identified some of the significant roadblocks to a better business climate. “We have to tackle our tax and regulatory issues,” said Susan Coleman, professor of finance, Barney School of Business, University of Hartford, “which tend to make Connecticut less attractive for business.” And it should be bipartisan tackling, she added. Progress made in the 2011 jobs session was a good model for what can happen when both sides of the aisle come together. ➤ Read more at gov.cbia.com

f Are things finally looking up for Fairfield County’s economy? f Where does the region’s recovery really stand? f How does it compare to state and national recoveries? Join us for this lunchtime program and get answers to those questions and more from top economic and business experts. If you do business in Fairfield County, you need to know what’s in store for the economic engine that drives much of the state’s economy. Program Highlights and Speakers: f Joseph Tracy, Executive Vice President and Senior Advisor to the President, Federal Reserve Bank of New York f Shaun Osborne, Chief FX Strategist, TD Securities

Scan & register!

f Financial services overview and outlook Date Wednesday, Oct. 3, 2012 Time 11:30 am–2 pm Place Hilton Stamford Hotel, One First Stamford Place, Stamford Cost CBIA members, $20; non-members, $30; table of 10, $175 ➤ Register at cbia.com

Human REsouRcEs

Biggest Policy Challenge? Social Media

A

new survey of nearly 600 employers by Business and Legal Resources (BLR) finds that social media policies will likely be a challenge for their organizations in 2012. One-in-four survey participants said that social media policies would pose the biggest problem for their organizations, with cell phone use/ distracted driving a distant second at 21.6%. Rounding out the top 10 policy challenges:

f FMLA—15.9% f Background checks—15.6% f Eligibility for benefits—14.7% f PTO/Vacation—13.2% f Employee leave of absence—11.1% f Reductions in force—11.1%

f Attendance and punctuality—17.4%

The survey also showed that 50% of participants plan to update their social media policies in the next six months.

f Computers/Internet—15.9%

➤ Read more at cbia.com/hr

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 17, 2012 27


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Fairfield County Business Journal 9/17/2012 Issue  

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