business out look
may 6, 2008
PRSRT STD U.S. Postage PAID
Southern Connecticut Newspapers, Inc.
REAL ESTATE DEVELOPMENT
In This Issue:
A Marketing Publication From The Advocate
• Stamford 2020 - The year of Perfect Vision
• To the citizens of Stamford- Letter from Mayor Malloy
• A Perspective on Housing
4 4 4 5 6 6 7 8 8 10 10 13 14 15
Tax Increment Financing for the South End Stamford 2020 – The Year of Perfect Vision robin Stein, City of Stamford Land Use chief To the Citizens of Stamford Rising in the East – Glenview House and Eastside Commons Region continues on Smart Growth and going Green in its development A Perspective on Housing Foreign Exchange Hedging: Improving effectiveness for small and mid-sized companies Tresser Square Welcome New Members Company Recognition Join Keep Stamford Beautiful on Saturday, May 31st for The Great American Cleanup 2008, America’s largest community improvement program Members Making News Community Corner
■ Postcards ■ Self Mailers ■ Brochures ■ Graphic Design
■ Newsletters ■ Lettershop ■ Fulfillment
The Stamford Business Outlook is a monthly publication of the Stamford Chamber of Commerce. It is published in conjunction with the The Advocate Newspapers. This publication does not represent the views of The Advocate Editorial department. To advertise, please call 964-2448.
You are cordially invited to join us on May 21, 2oo8 in celebration of Stamford Partnership’s 3oth Anniversary Highlighting Our Past, Envisioning Our Future Symposium: 1o – 12 noon in the GenRe Auditorium Mayor Dannel P. Malloy Luncheon: 12 noon – 2pm in the Rich Concourse Robert N. Rich UConn Campus 2 Please RSVP 2o3.325.4461
■ Targeted Mailing Lists ■ Strategic Marketing Programs
STAMFORD BUSINESS OUTLOOK
John Condlin, President, Stamford Chamber of Commerce Barbara Seiter, Vice President, Stamford Chamber of Commerce Marcia Groglio, Special Sections Supervisor, The Advocate Cindy Ross, Advertising Director, The Advocate Jim Reid, Retail Sales Manager, The Advocate Liz gueguen, Special Sections Designer Geri Fortunato, Director of Membership, Stamford Chamber of Commerce Cover art: Dan Tual, Photgraphic Memories
COMPLETE DIRECT MAIL ADVERTISING SERVICES
To launch an effective marketing program for your business contact Don Lacerenza
Phone: 203.595.9777 Toll Free: E-mail: email@example.com
Growing Businesses Since 1981
Stamford’s Smart Growth Turns Green
Last year’s May edition of Stamford Business Outlook focused on the development importance of the renaissance that Stamford was experiencing with the major development growth that was being planned and proposed. We referenced this as Smart Growth because of the relationship of the proposed development’s proximity to mass transit and employment. Interestingly, Smart Growth is now turning to going “green,” a term that also includes energy efficiency and recycling of building products in the building projects. Stamford is an excellent example of Smart Growth and has the potential of leading the state in going “green.” This is being accomplished, initially by the land use boards on the planning and zoning applications and shortly through the city’s land use regulations. The interesting thing to note is that in the past 30 years, there hasn’t been any real major breakthrough in energy conservation products. However this is all changing very rapidly. Developers are using “green” technology to make their projects more energy efficient, such as using used building products and recycling them in their development projects. The “green” movement means different things to different people, but one thing is for sure, it is here to stay. The cost of energy is being driven up by the cost of petroleum and it is having a very strong rippling effect across most of the sectors of the economy. The major redevelopment of the South End has the potential of being an excellent example of an extraordinary green development. Antares did a tremendous job during the demolition phase of the old factory buildings where the majority of demolition material was recycled and will be used in the development project. Interestingly, Connecticut shares the top spot for being green with its neighbors to the north, Vermont and also California according to the American Council for an EnergyEfficient Economy. We are not sure if this is by design or just by accident. Either way Connecticut is moving in the right direction. The goal for Stamford is simple; it should be the number one municipality in Connecticut for going “green.”
A MESSAGE FROM THE PRESIDENT OF THE STAMFORD CHAMBER
John P. Condlin President and CEO Stamford Chamber of Commerce
MICHAEL FREIMUTH, DIRECTOR
Tax Increment Financing for the South End Stamford 2020 – The Year of Perfect Vision Over the course of the next requested by the developer. tional polling stations would
ECONOMIC DEVELOPMENT CITY
few weeks, the city’s Board of Representatives will consider a tax increment financing (TIF) proposal for the redevelopment of the infrastructure- streets, sidewalks, sewers, storm drains, traffic control, public access and parks – within the South End. The total expected cost of this work is in excess of $200 million but the proposed TIF agreement will authorize bonds totaling $145 million with the developer required to complete the funding. Critical to understand is that the TIF bonds are not debt obligations of the City of Stamford. The city is not obligated to repay the bonds nor is its full faith and credit exposed. Simply explained, today’s taxes for the real estate within the legislatively drawn South End district are calculated as the ‘base amount’ and then a portion, no more than 50%, of the increased taxes due to the redevelopment of the neighborhood, will be used to pay off the debt on the $145 million issue. If there is insufficient tax generation, a special reserve fund is in place and more critically, the developer will be responsible to self assess to retire the notes. Should there not be a need to dedicate the full 50% of the new tax revenues, the funds will flow to the city, which is the expectation in the later years of the 30 year TIF lifespan. The city spent the last nine months analyzing the bond structure, the real estate deal and the needs and costs for the public works
We employed the Regional Plan Association of the TriState area to first determine what other cities in the region were doing and what the issues they confronted were. Next, we retained the planning firm; Phillips Preiss Shapiro Associates to undertake a cost benefit analysis to assess the public works as to their need and to rank them according to their costs and their likely public benefits. We also hired the National Development Council that advises cities across the country to dig into the financial representations and projections of Antares, the developer, to determine what level of public investment was truly necessary, and at what level should the city presume that the developer would carry the costs. Of course we also had our bond counsel, Robinson and Cole, and our financial advisors, Webster Bank to review the deal and advise the city. While this was underway, we reviewed and challenged the tax generation and service costs being presented by MuniCap, the financial projection company hired by Antares. Numerous meetings with our tax assessor and collector as well as our budget analysts were held and the most conservative tax generation numbers were used and the most liberal projections of public service demand were forecasted. Everything from the obvious impact on police, fire and school services were projected to the less so. For instance we even assessed the impact on what addi-
be needed with a population increase in the South The deal also calls for the transfer of 11 acres from the developer to the district and eventually to the city, once the district dissolves with the repayment of the debt. This land will be dedicated public parks and recreation areas, will be along the water’s edge as well as inland linking to Kosciusko Park and over the longer term to the Mill River and will be upgraded as part of the infrastructure improvements. In the worse case scenario playing, the city would have 11 acres of public parks added to its inventory. To rebuild the South End, a substantial public investment is justified to bring the streets and public utilities up to today’s standards. Paying for such improvements via a general obligation bond that would be retired by the entire city and would compete with other public needs, be they schools, bridges, paving or other priorities in Stamford would not be fair or politically palatable. Securing federal and state monies, while not dismissed as an option, would be difficult at best, take far too much time and would be highly uncertain. The TIF option, essentially taxing the new developments to pay for the public works and laying the risk on the bond buyers and the developer is a fair way of achieving the public investment needed to really make the South End happen as a transit oriented smart
STAMFORD LAND USE
With the many long-term construction and municipal projects underway in 2008, and considering the many episodes in the evolution of Stamford’s development, one wonders where the City is going and what life will be like in Stamford a decade or so from now – say, in 2020. One of the most compelling planning challenges the City has faced has been transportation and the associated traffic congestion. In 2020, I-95 will still probably be a nightmare. By then, however, a former mayor will be sitting on the Senate Appropriations Committee, energetically lobbying to reroute I-95 underground and fund new high speed rail along the Northeast Corridor. But when he visits Stamford, he is proud of the mass transportation initiatives in place. Maybe it will be something like this. With extensive residential development in the downtown and the completion of the Antares project in the South End, we now have 15,000 more residents than we did in 2008, an even stronger business climate focused on the global financial services industry, and an inviting, pedestrianfriendly downtown core. After years of extensive lobbying in Hartford and Storrs, the UCONN Campus in Stamford has doubled in size and now includes student residence halls. With gas prices climbing to $10 a gallon, Stamford has gained national recognition for the large percentage of our workforce which uses mass transportation, as well as the number of city residents who are able to work within walking and biking distance of their homes. The light rail from the train station to Bull’s Head, is complemented by jitney service from the 80-acre Antares development
on the South End to the north end of downtown. As you look around downtown, you can easily see how the new light rail system has reinvigorated the development on Bedford and Summer Streets, both of which now have become the focus for mixed-use, residential and retail redevelopment, while still maintaining the urban village character they have always enjoyed. The East Main Street area has experienced a similar renaissance, spurred by the easy access to downtown offered
by the Urban Transitway, and additional transportation choices offered by our new train station on East Main Street. While traffic remains a major concern, the completion of widening projects at each of our railroad overpasses (Atlantic Street, East Main Street, Canal Street, Elm Street, and Greenwich Avenue) has substantially improved the connection between downtown, the South End, Waterside and the East Side. Rail ridership at the Stamford Transportation Center continues to grow - now reaching over 12,000 passengers every day - but fortunately we have been able to accommodate this growth by offering additional alternatives
Continued on page 5...
Stamford 2020 continued from page 4
for travel, such as the high speed ferry to New York City and LaGuardia Airport and the East Main Street station on the New Canaan branch. There is fast and convenient train service from the Springdale and Glenbrook Train Stations, where the current surface parking lots have been transformed into mixeduse development, incorporating residences, neighborhood businesses, and parking tucked away in garages. Most people still have cars, but the carscape is composed of modestly sized, high efficiency vehicles. Those with plug-in cars are accommodated in stations around town, located for instance at the Government Center and the Stamford Town Center mall. Climate change has warmed up the region. There are more mild days, inviting bikes and pedestrians to use the spacious and attractive paths from Kosciuszko and South Field Parks, winding through downtown, and leading as far north as Scalzi Park. Downtown residents and commuters from the train will have both a carfree way of traveling to work and a pleasant journey, featuring the Mill River Greenbelt Trailway System. Ten years out, an extension will connect the Scalzi section to the Merritt Parkway greenway. Mill River Park has been the “Central Park” of Stamford for several years, offering attractions year round. Twice a year, the water company releases enough water for the semi-annual “Kayak/ Canoe Race and Fun Days.” There are summer concerts with the family on the great lawn. Stepping off the hot sidewalk, there is the cooling of the wooded landscape, and a place for a quiet picnic on a stone outcrop overlooking the river. Sea run brown trout will swim up the restored Mill River in the fall, and spring runs of herring and striped bass will allow children the chance to catch their first fish and learn about the natural cycles of fresh water creatures. In the winter, everyone can enjoy nighttime skating on the ice rink and the sight of the illuminated bridges and lighted river paths. Despite the striking changes in the downtown and south end, most of the residential neighborhoods have changed little in density and overall character. Small, energy efficient homes are in vogue, and the McMansions of the 2000s are slowly being replaced. Overall, residents recycle 60% of their residential and commercial waste. Plastic bags were banned years ago. Living sustainably has taken hold, and solar panels, geothermal units, and wind collecting devices have appeared on many houses, providing clean energy. The once common neighborhood zoning complaints about fences have been replaced with complaints about solar access. This residential trend complements the Energy Improvement District downtown, where cooperative energy sharing is provided by high efficiency cogeneration units. The centerpiece of this system is the “Jeanette Brown” sludge waste to energy plant, which recently doubled its electrical generation to 30 megawatts. The renewable energy plant has served as a prototype for twenty regional and municipal plants throughout the country. In addition, three new manufacturing establishments making components for these plants have opened in Stamford, employing a total of 400 people. When the former mayor visits Stamford 2020, he stays downtown in the Ritz Carlton. Looking out the window, he is impressed by the number and diversity of the people walking to and from downtown along lively and tree-lined Tresser Blvd. and Atlantic St. Stamford has a lot to be proud of, and the connotation of the year “2020” is apt for the future of the City: the year of perfect vision.
To the Citizens of Stamford:
Part of the Stamford Cool and Green 2020 Initiative that I proposed last fall is a commitment by our city to become more energy efficient through a transition to renewable and sustainable energy sources. One of the best ways to achieve this goal is through outreach and education so our citizens and businesses alike understand what options are available to them to help reduce our energy consumption and keep our environment clean. I am proud to announce that we are fulfilling this commitment through the launch of the first-ever Stamford Energy Future Expo. Sponsored by the Connecticut Light & Power Company, the Connecticut Clean Energy Fund (CCEF), Sustainable Stamford (created as part of the Cool and Green Initiative), and State Representative William Tong (D-Stamford), the Energy Future Expo is a free event for the public that will take place on Tuesday, May 20th at the Government Center. Vendors who specialize in different forms of renewable and alternative energy, from solar to geothermal, bio-based fuels, hydro energy and wind will exhibit in the lobby along with other local companies that offer “green” products and services for the home. Doors will open at 2:00 pm for the vendor exhibition, and the public is invited to attend two interesting panel discussions during the course of the Expo. The first will feature a select group of vendors who represent the different alternative energy industries, and the second panel will be comprised of legislators and representatives Mayor Dannel P. Malloy of state energy organizations that are directly involved in environmental issues affecting our local municipalities and the State of Connecticut. Our desire is that the first-ever Stamford Energy Future Expo will become an annual event and an important part of what our local government offers its citizens. We therefore ask you to attend and enjoy this history-making event. Interested vendors are encouraged to apply for exhibition space by emailing: firstname.lastname@example.org. You may also call Erin McKenna at (203) 977-4715 for more information. Let’s get Stamford moving in the right environmental direction, toward clean and renewable energy! Sincerely, Mayor Dannel P. Malloy
S E T H G. W E I N S T E I N , H A N N A H R E A L E S T A T E I N V E S T O R S , LLC H E I D I G R E E N , P R E S I D E N T 1000 F R I E N D S Mount Vernon, White Plains, and Yonkers are three communities where plans are underway to build lively town centers with plenty of housing choices, beautiful architecture, pedestrian-friendly streets and easy access to transit. In Stamford, new green urbanist developments are springing up close to transit and the waterfront. The city is working to grow smarter, more responsibly, more sustain-ably, and continue to attract new businesses and citizens. With gas prices expected to reach $4 a gallon this summer, air quality well below already low national standards, a rapidly aging population, famously bothersome traffic congestion, and climate-related rising water levels and plummeting biodiversity in the sound, the Greater Stamford area can easily see the benefits of the green urbanism. Unfortunately, much of the policy and funding to support smarter development originates in Hartford. In these areas, we lag behind. Catching up is critical to continued success in the region. Policy makers in neighboring states have demonstrated commitments to providing clean, safe, convenient transit. In Connecticut, by contrast, some estimates say we’ll have a $4.5 Billion transportation capital deficit by 2017. Neighboring states are cleaning up and reusing contaminated sites helping keep open space available for recreation, trees to filter out
Rising in the East – Glenview Region continues on Smart Growth and going House and Eastside Commons Green in its development
In the spring of 2007, a ground breaking was held on the two luxury Stamford residential developments known as Eastside Commons and Glen View House. Both projects are located on East Main Street, and both are on schedule to deliver residences late this summer. These developments are dramatically transforming two former Brownfield sites and creating a new gateway to Stamford’s east side. The properties are situated at the edge of downtown, within a few blocks of I-95 and a mile from the Metro-North Train Station. Glenview House replaces the former Suburban Cadillac automobile dealership that operated on 2.4 acres at the intersection of East Main and Glenbrook Road. Eastside Commons redevelops the 2 acres where a Chrysler-Jeep dealership operated. Eastside Commons will offer 112 luxurious one, two and three-bedroom homes with 15,000 square feet of retail space anchored by Fairfield County Bank, the first regional bank to identify the East Side as a center of major opportunity. Glen View House will bring 146 new luxury rental apartments to this community and will be home to Stamford’s first Walgreens superstore. The activity on the sites and the clearly visible progress of the buildings’ construction make a major contribution to the transformation of the east side perimeter of Stamford’s Downtown. These attractive, quality buildings with high level amenities and interior finishes are price at a points that are compelling for young families, empty nesters, and especially 20something professionals. When the development of these two major projects happen at the same
particulate pollution, green spaces to soak in rainwater and regenerate aquifers, and farmland to meet the growing demand for locallygrown food. Here, a Brownfields Task Force made significant policy recommendations to the Governor and the General Assembly this session and last. Those recommendations have largely been ignored. In New Jersey and New York they are exploring novel ways to share the costs of essential services We have a good understanding of the benefits of density. Area towns have a clear sense of place. Our citizenry actively stewards the environment. In the Stamford area, growing smarter might seem relatively easy. But we’re not without areas of weakness. We need to invest in more frequent bus service and upgrade MetroNorth. It means surveying the potential development sites within the region and cooperating across town lines to direct growth to the most sustainable sites. The city requires buildings be built to LEED Silver standards. Because not all green buildings are equal, we should deploy tax credits, etc. to discourage buildings accessible only by car. We need to work through the liability challenges of contaminated properties and expedite grants, loans and know-how in our state agencies to reuse them. We need to work regionally instead Heidi Green of devolving into a town-bytown mentality. like schools. In 2007, we created We can be green and robust, a small grant program to encour- but we can’t do it alone. The age towns to work together, but Stamford area needs the state to generally we behave as if each city come to the table. Toward that or town were an island. end, 1000 Friends of Connecticut In the Greater Stamford area, is working to educate local leadwe have a good land use plan that ers and legislative candidates to identifies where and how we want become smart growth champions. to grow. We have transit. We have To find out more, please refer to local policies that make it easier www.1000friends-ct.org or email to build attainable housing units. email@example.com Photo by Photographic Memories
Seth G. Weinstein
time they will make a very positive contribution to a neighborhood. Not only are both projects transforming Brownfield properties, they also contribute to the goal of creating more housing within walking distance of mass transit and downtown amenities – thus limiting suburban sprawl and the destruction of more natural landscape. Both projects include 10% affordable units and bring important neighborhood retail to the community. In all these ways, Glen View House and Eastside Commons will make major contributions to the city, the neighborhood and the environment.
A Perspective on Housing
K A T H L E E N E. W A L S H , AICP, P R E S I D E N T & CEO, S T A M F O R D P A R T N E R S H I P , I N C . “It’s always darkest just before it gets completely black” -- Sen. John McCain
Photo by Photographic Memories
The startling contrast between the low point in his campaign last fall--which prompted the Senator’s wry comment-and his current resurgence is perhaps an apt example of a phenomenon which applies to the housing market as well: timing is everything. Much has been written in recent months about the sub-prime mortgage crisis and its negative effects on housing markets and the broader economy, both domestic and global. Currently, housing does seem mired in its darkest hour: mortgage delinquency and foreclosure rates have risen; new housing production has reportedly reached a 17 year-low; and “Out of Reach”, the National Low Income Housing Coalition’s April 2008 publication, ranks the region’s Long Island, Westchester and the Stamford-Norwalk rental housing markets as among the most expensive in the nation--a worrisome condition for businesses seeking to attract and retain their workforces. Perhaps it’s a good time to remember that housing has historically been a lagged cyclical economic indicator, showing not so much where we’re headed as reflecting where we’ve come from: full employment and low interest rates have driven high levels of housing production, housing investment and housing price appreciation in recent years. Exotic mortgage instruments, and the securities they backed, developed in response to market demand-both from prospective mortgagors and from investors seeking the higher returns generated by these securities. Legislative proposals have been plentiful in this election season, although not necessarily well thought out or appropriately targeted. Rising foreclosures and tightened credit standards will, however, send the pendulum back towards more sustainable demand and realistic prices. Meanwhile, three brighter spots in the current darkness are worth noting. First, falling housing prices bring greater affordability. Attractive fixed rate mortgage programs, for first time buyer households without credit defects, remain available in our region. Housing Development Fund., Inc., on whose board of directors I serve, is
an example of a regional non-profit lender whose skilled counseling helps buyers avoid missteps. Next, growing attention to regional workforce housing affordability has sparked creation of a ULI-led Westchester/Fairfield Task Force focusing on the issue-a welcome development for both its regional emphasis and its recognition that existing affordable housing programs do not provide relief for the overwhelming proportion of our area’s workforce whose incomes are in the 80120% of Area Median range. A third initiative will bring some structured assistance to the region’s student
P O LY M E R P L A Z A
595 Summer Street, Stamford, CT 06901 Owner Occupied
Dramatic Three-Story Marble Lobby
in a Class A Office Space Offering an Unique European Ambiance. Concierge Service; Ample Underground Parking Great Downtown Stamford Location Close to Restaurants
5th Floor Penthouse - 15,600 SF 4th Floor - 8,100 SF 2nd Floor - 3,200 SF
(203) 324-3737 x21
Kathleen E. Walsh
housing demand. In the absence of dormitories, UConn Stamford’s newly formed Housing Office will work with Off Campus Partners to help students connect with available rental housing resources in the area. Helping these young adults develop roots in the region enhances our chances of retaining them in our workforce post-graduation. Each of the three initiatives noted bring the region’s intellectual capital to bear on current housing market issues and opportunities-undoubtedly a better use of our resources than cursing the darkness.
Our Corporate Services Will Benefit Your Employees, Your Facility & Your Business
Tr i p l e S C l e a n . c o m
Foreign Exchange Hedging: Improving effectiveness for small and mid-sized companies
M A T T P O R I O , M A N A G I N G P A R T N E R, L U C A S
Tresser Square is considered one of the most transformative projects to be built in Stamford in decades. The 1.2 million square foot, 4.5 acre mixed-use development situated at the intersection of Washington and Tresser Boulevard, just a block from the Stamford Transportation Center, is being developed by Lowe Enterprises, a national real estate development company that has completed over $8 billion of projects over its 35 year history. This high-profile, marquee project, with the tallest of its three iconic architectural towers reaching upward to 350 feet, will undoubtedly appeal to a premier roster of retailers, residents and corporations. Designed with the principles of “new urbanism” in mind, the project also includes over two acres of public and private green space including a past year, Lowe Enterprises, working closely with the St. John’s Roman Catholic Church, the St. John Urban Development Corporation, the City of Stamford and HUD, finalized a highly responsive affordable housing plan that will enable the development of Tresser Square while generating over $33.3 million of private sector investment in the renovation and replacement of affordable housing in Stamford. The plan addresses Stamford’s overall affordable housing needs and the very personal needs of the residents of St. John’s Towers by calling for the renovation of the 240 moderate income units in the St. John’s Towers B and C immediately across the street from Tresser Square and providing for 50 new affordable housing units in the city with 20 of these units integrated into the project.
The prospect of hedging foreign exchange risk for even the biggest and most sophisticated companies is daunting, let alone the small to mid-sized companies. Hedging can be complex and requires constant attention due to the current market volatility. This past year, the US Dollar weakened over 12 percent against its major trading partners, directly impacting the bottom line of any company dealing in the global market. Foreign exchange risk is a discipline that needs constant monitoring by an informed practioner and must be factored into overall company strategy and policy. All companies have banking relationships and, for international companies banks handle their foreign exchange needs. From the simple to the complex, banks are ready and able to assist with transactions at all levels. It is important for companies to sit down with their banks and understand completely how the bank prices their foreign exchange transactions and what rates are actually being used. One way banks and exchange houses do this is through a foreign exchange website portal that posts the current prices in the market as offered by that institution. This technology has improved transparency but should still be compared and monitored against other portals and listed prices. In addition, the bank should also be willing to state their policy or practice for each type of transaction and reveal the price at which the exchange took place. Matt Porio and Michael Mullane Jr. Improved knowledge of your bank relationships is only part of the battle. More importantly, it is critical for an international company to have a sound corporate foreign exchange policy that should encompass the following procedures: Clearly define corporate goals and objectives that quantify principal business lines and corporate objectives, including where the company is allowed to undertake risks. Identify and quantify exposures that may arise through transactions or through competition in the marketplace. The latter is important to understand as it will change with shifting market conditions and competitors moves. Establish responsibilities and a chain of command. Companies should also establish the timing and the percentage of hedging to be undertaken, as well and qualify the specific instruments and strategies to be used. Execute the actual transactions. This action should include a clear understanding of counterparty credit limits as well as internal controls, the most important being a separation of responsibilities between execution and confirmation of trades. Ongoing monitoring of exposures and hedge performance. Hedges need to be monitored for performance and exposures need to be watched to ensure that the desired result of the hedging activity is achieved. Review and quantify performance. Risk management is on going and the effectiveness of a company’s hedging activity should be assessed on an ongoing basis. As the company and market conditions change and as company knowledge improves, the actual procedures may have to be modified to achieve desired results. Confronting foreign exchange risk is indeed a daunting task for any company with challenges arising on an almost daily basis. To improve the odds of success, companies should clearly understand the relationships that they have with their foreign exchange provider or bank and also have a robust corporate foreign exchange policy in place. Knowledge and planning to better confront this challenge, as with most things, is essential to short and long term success.
landscaped piazza open to the public and a large green terrace above the parking structure that will function both as a recreational area and private park. The site is currently home to one of the three St. John’s Towers, a housing complex originally developed in the late 1960’s as affordable housing through a US Department of Housing and Urban Development program. Tresser Square will be situated on a property consisting of the parcel under Tower A and the adjacent parcel leased from the St. John’s Roman Catholic Church. Over the
Lowe Enterprises will assist the current residents of St. John’s Towers with relocations to comparable affordable housing throughout the city or to a location of their choice. Upon completion of the relocations, this dynamic new mixed-use development will be able to proceed. Tresser Square, with its world-class architecture by Beyer Blinder Belle Architects intertwining a mix of retail, housing and office use with the adjacent church and cultural uses, will transform Stamford’s downtown by infilling this important city center site.
WE LC O ME N E W ME MBE R S
6 Degrees LLC
Raiford Tipton, Owner
129 Atlantic Street, Stamford, CT 06901 (203) 667-2338 firstname.lastname@example.org
Chyten Educational Services
Barbara D. Levine, Owner
70 Main Street, New Canaan, CT 06840 (203) 972-3600 (203) 972-3601 www.chyten.com email@example.com
80 Southﬁeld Ave., Stamford, CT 06902 (203) 964-9819 (203) 357-9848 www.ctﬂorist.com ﬂrshop@aol.com Florists/Fruit Baskets Full service ﬂorist servicing the Stamford area for 20 years. We specialize in corporate events and parties. Same day delivery - 100% satisfaction guaranteed. GEC Property Management
Beverly Catchpole, Property Manager 97 Sweet Briar Road, Stamford, CT 06905
company providing house minding, necessary maintenance, repair and preservation programs ICON International
Kelly Emmert, VP, Marketing and Communications
Damian Walker, Owner
We sell ﬂowers wholesale & retail. we specialize in weddings and events. We also sell caskets at discount prices to the public. Private Client Group, LLC
Matthew Tuttle, Partner
88 Hamilton Avenue, Stamford, CT06902 (203) 327-3131 firstname.lastname@example.org
Fitness & Recreation
107 Elm Street, Stamford, CT06902 (203) 328-2354 www.icon-intl.com email@example.com
Ultimate Boat Clubs
Joe “Casey” McKee, C.O.O.
Premier tutoring service covering all subjects, utilizing only master’s prepared tutors; special expertise in SAT and ACT prep. Floral Expressions
Denise Jefferies, Owner
ICON International utilizes corporate barter to help companies recover up to full value for surplus or impaired assets. Peter’s Wholesale Florist
Theodore Gianokos, President
(203) 329-9262 www.gecpropertymanagement.com beverly@gecpropertymanagement. com
Residential property management
47 Irving Ave, Stamford, CT06902 (203) 325-2608 (203) 325-1097
1 Stamford Plaza, 263 Tresser Blvd., 9th, Stamford, CT06901 (203) 564-1956 (800) 462-1655 www.matthewtuttle.com firstname.lastname@example.org Financial Planners We create outsourced ﬁnancial planning platforms for accountants, attorneys, p&c agents, and employee beneﬁts ﬁrms.
90 Grove Street, Ste 205, Ridgeﬁeld, CT06877 (203) 894-9661 www.ultimateboatclubs.com email@example.com
Membership based boating club offering an alternative to costly boat ownership and without the hassle of ownership . Located at Harbor Square Marina off Canal Street. Boating enthusiasts welcome.
C O MPA N Y R E C O GN I TI O N
Companies that are committed to Stamford’s business community
Acme Sign Company
Stephen Trell, President
33 Taylor Reed Pl., Stamford, CT 06906 (203) 324-2263 (203) 324-5181 www.acmesignco.com
Signs & Banners
26 Fahey Street, Stamford, CT 06907 (203) 355-2400 (203) 355-2440 www.amnetsystems.com
Telephone Equipment & Systems
services and support for infants, children and adults with special needs and their families in the greater Stamford - Greenwich area. Bank Street Events
Ted Steen, Owner
BevMax is a Stamford based corporation that specializes in operating high volume wine and liquor superstores. Bob Callahan Design
Bob Callahan, Owner
A full service, general practice law ﬁrm dedicated to providing clients with quality legal work at reasonable fees. Capriccio Café
Giovanni Gentile, President/Owner
All Country Pest Control
Guy Carroll, CEO
Phone systems, data networks, VOIP, structured cabling data center hosting, disaster recovery, home theaters, lighting control and total home automation. AMS Imaging, Inc.
Edward Slesinski, Sales Manager
965 Hope Street, Suite 203, Stamford, CT 06907 (203) 327-0259 (203) 325-1297 www.allcountrypest.com
65 Bank Street, Stamford, CT 06901 (203) 325-2739 (203) 975-8728 www.bankstreetevents.com
181 Thornridge Dr., Stamford, CT 06903 (203) 329-0425 (203) 329-0425 www.bobcallahandesign.com
189 Bedford Street, Stamford, CT 06901 (203) 356-9819 (203) 356-9544 www.capricciocafe.net
Pest control that is effective, environmentally responsible protection for your home or business. Family owned and operated. AlphaGraphics
Doug Edwards, Owner
160 Eagle Drive, Newington, CT 06111 (800) 966-5738 (860) 666-4205 www.amsimaging.com
Document & Content Management Solution Provider
For a spectacular party or event in downtown Stamford, Bank Street is a beautiful 1913 Beaux Arts building offering space for 15 to 250 people. Bello, Lapine & Cassone LLP
Thomas M. Cassone, Partner
Bob Callahan Design, founded in Stamford in 1994 as an independent graphic design consultancy, specializes in the planning and creation of effective communication. Bradford’s Grill & Tavern
Tony Desjardin, Owner
Connecticut Film Center
Kevin Segalla, President
124 Broad St., Stamford, CT 06901 (203) 961-8703 (203) 961-8715 www.alphastamford.com
New England’s largest integrator of content & document management technology including EDM Systems, Data Capture, Workﬂow, COLD/ERM, Scanning and Microﬁlming Services, and related hardware. ARC
Carolyn Russel, Associate
600 Summer Street, Stamford, CT 06901 (203) 348-4244 (203) 357-7208 www.lawyers.com/bl&cllp
83 Bedford St, Stamford, CT 06901 (203) 961-9999 (203) 961-0801 www.bradfordsgrill.com
Full service printing, including, multi-color offset printing, color and B&W digital printing, wide format printing and bindery. Free pickup and delivery.
We are a law ﬁrm that handles criminal and civil litigation and real estate. BevMax-Warehouse Liquors
Michael Berkoff, CEO
Good Food- Good Company is the Bradford’s motto. Neighborhood Grill & Tavern. Kitchen open daily until midnight. Private party room. Cacace, Tusch & Santagata
Michael J. Cacace, Partner
76 Progress Drive, Stamford, CT 06902 (203) 348-2500 (203) 348-5200 www.ctﬁlmcenter.com Film Production Services Connecticut Film Center provides ﬁnancial services, production services, turn-key ofﬁce space and production facilities for the motion picture industry. County TV & Appliance of Stamford
Les Cohn, President
50 Glenville St., Greenwich, CT 06831 (203) 531-1880 (203) 531-6213 www.arcgreenwich.org
AMNET Technology Solutions
17 Cedar St., Stamford, CT 06902 (203) 357-9151 (203) 316-0627 www.bevmax.com
Wine & Liquor Stores
Alex Sulpizi, President
A non-proﬁt organization providing
777 Summer Street, Stamford, CT 06901-1022 (203) 327-2000 (203) 353-3392 www.lawcts.com
2770 Summer St., Stamford, CT 06905 (203) 327-2630 (203) 975-5298
Appliances & Electronics
Retail/ Wholesale major appli-
COMPAN Y REC OG N ITION , continued
Real Estate-Residential Duplication Services
ances, air conditioners, portable TV, projection TV, plasma TV, LCD tv, electronics, sales, service, installation since 1955. Crystal Rock Water
Gene Monte, Manager
for private parties. Ethan Allen, Inc.
Farooq Katwari, CEO, Chairman
High Ridge Nursery, Inc.
Maria Malagisi, Owner, Vice President
Quality, professional, real estate brokerage. Long Ridge of Stamford
Maxine Breeden, Director of Admissions/Marketing
313 Long Ridge Rd., Stamford, CT 06902 (800) 525-0070 (203) 327-4213 www.crystalrock.com
Bottled Water, Coolers, Coffee & Soda Distributors
2046 West Main St., Stamford, CT 06902 (203) 352-2888 (203) 352-2866 www.ethanallen.com
1854 High Ridge Rd., Stamford, CT 06906 (203) 329-9957 (203) 329-9957
Full service visual media technology production and post production for corporate and television. Internet formats CD, DVD, Video Duplication and Event Staging. MetroPool, Inc.
John Lyons, President & CEO
Find all your home furnishing needs from upholstery to draperies to decorative accents in one exciting place with complimentary design service! Everett Hall Associates, Inc.
Tom Lynch, Business Development Manager
We sell annuals, trees shrubs and mums. We install ﬂagstone walks and patios, sod and landscaping. Innovative Micro Technologies, Inc.
Sam Jaafari, President
710 Long Ridge Road, Stamford, CT 06902 (203) 905-3542 (203) 321-3499
One stop total refreshment services. Bottled Water, Water Coolers, Ofﬁce Coffee Service, Soda and Snack Vending. CTE, Inc.
E. Phillip McKain, President & CEO
34 Woodland Avenue, Stamford, CT 06902 (203) 352-4844 (203) 352-4822 www.ctecap.org
76 Progress Drive, Stamford, CT 06902 (203) 325-4328 (203) 323-8078 www.everetthall.com
Audio-Visual\Video-Sales & Service
8 River Bend Drive, Stamford, CT 06907 (203) 969-2255 www.imtcomputers.com
Offering vital services of skilled nursing care, short-term rehabilitation and long-term care to the Stamford Community and the surrounding areas. For further details or to schedule a tour, call (203) 329-4026 Mediacom
Rocky Progano, President
One Landmark Square, Stamford, CT 06901 (203) 388-4407 (203) 348-9252 www.metropool.com
Transportation/ Commuter Services
Metropool provides free employer based transportation services including commuter programs, relocation services, and vanpool and train shuttle information. Mohawk Kitchens, Inc.
Neal Laughlin, President
IMT is an information technology solutions provider offering complete IT nd e Solutions to everyday business problems. IP Telecom Group
Eric Blake, President
David Cingari, Owner
471 Elm St., Stamford, CT 06902 (203) 324-5724 (203) 324-1617 www.davidscatering.com
Full-Service Professional AudioVisual Service Provider. Corporate Rental/Staging, Intelligent Lighting, Public Address Systems, Onsite Operation, Audioconferencing, Videoconferencing, Touchscreen Control Systems, Projectors/Screens, etc... FoodStudio
992 High Ridge Road, Stamford, CT 06903 (203) 329-2290 (203) 329-2178 www.mediacominc.com
Video Production/Post Production/
48 Union St., Stamford, CT 06906 (203) 324-7358 (203) 967-2109 www.mohawkkitchens.com
Kitchen Cabinets & Custom
20 Summer Street, Stamford, CT 06901 (203) 252-2345 (203) 252-2347 iptelecomgroup.com
Full service corporate food service management and social catering company. Catering ofﬁce meetings, weddings, clambakes and BBQ’s Deluca Construction Co.
Francis M. Deluca, President
1127 High Ridge Road, STE.#232, Stamford, CT 06905 (203) 536-0182 www.foodstudio.biz
Providing our customers with a competitive edge by providing telecommunication solutions that meet their current and future needs. J C Services
James A. Colica
P.O. Box 2186, 27 Crescent St., Stamford, CT 06906 (203) 324-9236 (203) 324-1511
FoodStudio, a unique culinary events company, specializes in Private Cooking Parties and Food and Wine Tastings. Taste experience and experience taste through the endless combinations, moments and moods that we can create for you with food and wine. GFS, Inc.
Stephen Glick, President
9 Maple Street, Darien, CT 06820 (203) 662-1167
We are a stafﬁng ﬁrm that offers a unique blend of ofﬁce support and health care stafﬁng solutions. Juner Properties
June Rosenthal, President
The Deluca Construction company is a full service general contractor and construction management company that works primarily in Fairﬁeld County. Dragonﬂy Lounge
Cyrus M. Tehrani, Owner
P.O. Box 581, Orange, CT 06477 (203) 795-9756 (203) 799-6701 Insurance Agents & Brokers GRP Realty Co.
Anthony J. Matturro, Vice President
3 Roxbury Rd., Stamford, CT 06902 (203) 968-1500 (203) 968-1896 www.juner.com
488 Summer Street, Stamford, CT 06901 (203) 357-9800 (203) 977-3300 www.dragonﬂyloungect.com
Restaurant & Bar
Downtown dining & gathering destination with plush furnishing in a stately gothic motif - a NYC style lounge with a musical vibe and a menu featuring “small plates” served all night long. Global Fare, Creative Cocktails & event space
1150 Summer St., Stamford, CT 06905 (203) 975-7575 Ext:228 (203) 961-1599 grprealty.com
Known as the “Tiny Giant”, Juner Properties is the premier boutique real estate company in Stamford, serving “cottages to castles”! Keller Williams Realty
Lorraine Leonard, Realtor
GRP Realty Company, a commercial ﬁrm, dealing with leasing, sales, property management and tenant construction. GRP specializes in ofﬁce leasing.
60 Long Ridge Rd. Ste. 408, Stamford, CT 06902 (203) 324-9600 (203) 504-3124 www.lorraineleonard.com
COMPAN Y REC OG N ITION , continued
Design and provide cabinetry for kitchens, baths or other rooms as well as centers, appliances and more napa & co.
printing. Peter Suchy Jeweler
Peter Suchy, Owner
1137 High Ridge Rd., Stamford, CT 06905-1203 (203) 327-0024 (203) 322-6205
Land use consultants offering planning, civil engineering, surveying, and environmental consulting services. Extensive experience with local, state, and federal regulations. Saks Fifth Avenue
Susan Gorman, General Manager
homelessness. Stamford Dental Lab Winston Goindoo, President 98 Hoyt Street, Stamford, CT 06905 (203) 324-7242
Exit 8 of I-95. 507 Rooms,Concierge Level. 3 Restaurants, revolving rooftop restaurant. Indoor/Outdoor Pool. Full service luxury spa. Stamford Museum & Nature Center
Melissa H. Mulrooney, Executive Director
75 Broad Street, Stamford, CT 06901 (203) 353-3319 www.napaandcompany.com Restaurants Olympic Construction, LLC
Peter Suchy Jewelers is one to Connecticut’s most prominent antique and estate jewelry dealers. Plaza Realty & Management Corp
Genaro J. Rubino, CEO
Dermatology Consultants, P.C.
Kenneth B. Cutler, MD, President
23 Ryan Street, Stamford, CT 06907 (203) 356-0187 (203) 316-0197 www.olympiconstructionllc.com
65 Bedford St., Stamford, CT 06901 (203) 359-4611 (203) 356-9741 www.plazare-commercial.com
Real Estate-Leasing & Management
140 Atlantic St., Stamford, CT 06901 (203) 323-3100 (203) 978-1466 www.saks.com
2600 Post Road, Southport, CT 06890 203) 323-9033 (203) 975-7315
39 Scoﬁeldtown Rd., Stamford, CT 06903 (203) 322-1646 (203) 322-0408 www.stamfordmuseum.org
Physician services Stamford Federal Credit Union
Theresa Carlucci-Tyska, Membership Development Ofﬁcer
Sanders Stein, M.D.
Sanders Stein, M.D.
Prudential CT Realty
Ellen Christian, Ofﬁce Leader
Residential and commercial general contractor, custom homes, corporate interiors, tenant ﬁt out, additions & renovations. Padraic
Mike Kelly, Owner
2777 Summer Street Suite 504 B, Stamford, CT 06905 (203) 324-0082 (203) 325-0145
1200 High Ridge Rd., Stamford, CT 06905 (203) 329-2111 (203) 329-7880 www.prudentialct.com
Dr. Stein is a board certiﬁed child, adolescent, and adult psychiatrist. His services include psychiatric and medical evaluations, medication follow up and psycotherapy. Sequent Consulting, LLC
Thomas B. Tesluk, President and CEO
888 Washington Blvd., Stamford, CT 06901 (203) 977-4923 Ext:115 (203) 324-7546 www.stamfordcu.org
The 118-acre facility includes a working farm, “Wheels in the woods”, universally accessible nature trail for phyisacally challenged in addition to hiking trails. Stamford Ofﬁce Furniture
53 Mill Road, Stamford, CT 06903 (203) 329-8974 (203) 968-1478
Web Development/Graphic Design PADRAIC creates unique web sites, branding packages (signage, logo, stationary, etc.) and advertising campaigns. Patientcare
Sherri Valentin, RN, BSN, Branch Director
Stamford’s premier residential real estate ﬁrm dedicated to providing Fairﬁeld County buyers, sellers, and renters the ﬁnest, most complete service. Rebuilding Together Stamford/ Greenwich
Thomas Cuddeback, Chairman
Stamford Federal Credit Union services the employees of the city of Stamford and their family members. Stamford Hospital
Pam Koprowski, Corporate Director, Public Affairs
328 Selleck Street, Stamford, CT 06902 (203) 348-2657 (203) 348-0712 www.stamfordofﬁcefurniture.com
925 Oenoke Ridge, New Canaan, CT 06840 (203) 966-2340 (203) 966-7870 www.sequentconsulting.com
Full service ofﬁce furniture dealer featuring the products of Herman Miller and many other ﬁne manufacturers. Stamford Partnership
Kathleen Walsh, President
444 Westport Ave, 2nd Floor, Norwalk, CT 06851 (203) 840-8312 (203) 840-8318
945 Summer Street, Stamford, CT 06905 (203) 921-1792 (203) 921-1792 www.rebuildingstgr.com
Provides international business development services to companies seeking to expand overseas. We specialize in establishing and arranging ﬁnancing for cross border joint ventures & partnerships. Springdale Florists
Michael Doyle, Owner
P.O. Box 9317, Stamford, CT 06904-9317 (203) 276-7784 (203) 276-7905 www.stamhealth.org
Stamford Hospital provides a broad range of high quality health and wellness services focused on the needs of our communities. Stamford Housing Authority
Richard D. Fox, Executive Director
680 Washington Boulevard, Stamford, CT 06901 (203) 325-4461 (203) 325-9868
Provide Home Health Services - Specializing in unique needs of Behavioral Health clients. Disciplines available; Nursing, Physical Therapy, Occupational Therapy and Home Health Aides. PCI Group, Inc.
Anne Chiapetta, Vice President
Our volunteers work on Rebuilding Day (last Saturday in April), on homes in disrepair owned by lowincome elderly & disabled. Red Inc.
Melanie Szlucha, President
The Stamford Partnership, Stamford’s primary civic organization, works to enhance the quality of life for those living and/or working here. Stamford Public Education Foundation
Cathleen Guinta, Executive Director
28 Camp Ave., Darien, CT 06820 (203) 329-8857 (203) 322-4522
4 1/2 Taylor Street #G, Norwalk, CT 06854 (203) 866-1606 www.redinc.biz
Full service ﬂorists and greenhouses. Local Deliveries and Teleﬂora and F .T.D. member. St. Luke’s LifeWorks
Rev. Richard Schuster, Executive Director
22 Clinton Avenue, Stamford, CT 06904 (203) 977-1400 (203) 977-1471 www.stamfordhousing.org
9C River Bend Drive South, Stamford, CT 06907 (203) 327-0410 (203) 327-4075 www.pcigroup.net
I provide services and improve presentation skills including: Resume Writing and Job Interview Coaching, Presentation Coaching and Marketing and Website Copywriting. Redniss & Mead, Inc.
Richard Redniss, President
A full service communications resource company with 3 divisions. PCI Publishing Print Connections, and PCI Creative Services. Services offered are graphic design custom publishing and commercial
141 Franklin St., Stamford, CT 06901 (203) 388-0100 (203) 363-5927 www.stlukeslifeworks.org
Develop/manage affordable, market-rate housing, condominiums and create homeownershp that promotes the economic/social wellbeing of our communities residents. Stamford Marriott Hotel & Spa
Joe Kelly, General Manager
62 Palmers Hill Road, Stamford, CT 06902 (203) 965-7733 (203) 975-5220 www.stamfordpublicedfoundation.org
22 First St., Stamford, CT 06905 (203) 327-0500 (203) 357-1118
St. Luke’s LifeWorks is a Stamford-based non-proﬁt providing life skills, training and housing solutions for people overcoming
2 Stamford Forum, Stamford, CT 06901 (203) 357-9555 (203) 324-6897 www.stamfordmarriott.com
Hotels & Motels
The mission of the Stamford Public Education Foundation is to improve student performance by facilitating, designing and evaluating high impact partnership programs. SPEF matches the educational interests of businesses with the needs of individual school
Stamford Wrecking Co., Ofﬁce Furniture Outlet
Jeff Goldblum, Owner
Join Keep Stamford Beautiful on Saturday, May 31st for The Great American Cleanup 2008, America’s largest community improvement program
E L L E N O’N E I L L , E X E C U T I V E D I R E C T O R Bring your kids and your gardening tools and join Keep Stamford Beautiful, General Electric, UST, UBS and neighborhood associations from Springdale to Shippan for the 2008 Great American Cleanup, Stamford. Volunteers will be picking up litter, painting out graffiti and planting over 8000 annuals in planters and parks all over the city of Stamford The Great American Cleanup Stamford is part of the nationwide effort of Keep America Beautiful, the nation’s oldest and largest community improvement organization. In 2008, the Great American Cleanup will involve over 2.8 million people volunteering more than 8 million hours to clean, beautify and improve 17,000 communities during 30,000 events from coast to coast in all 50 states. Activities will include beautifying parks and recreation areas, cleaning seashores and waterways, handling recycling collections, picking up litter, planting trees and flowers, and conducting educational programs. For the fifth consecutive year, President George W. Bush is serving as Honorary Chair of the Great American Cleanup. America’s leading companies support this campaign for a cleaner, greener America. The 2008 Great American Cleanup Stamford is proudly sponsored by General Electric, UST, UBS and with a grant from the Fairfield County Community Foundation. The National Sponsors of the 2008 Great American Cleanup are: American Honda., Dow Chemical, Firestone, GLAD(r), Pepsi, Sam’s Club(r), Scotts, Sprint, Troy-Bilt, Waste Management, and Wrigley. “Finding ways to improve the nation’s communities and our overall environment is not only one of Keep America Beautiful’s main objectives, but it’s also a topic that is increasingly top-of-mind with most Americans,” said Matthew McKenna, president & CEO of Keep America Beautiful. “In its 24th year, the Great American Cleanup continues to be a vehicle for our corporate partners and volunteers across the country to take a hands-on approach to sustainability by participating in cleanups, recycling drives, tree and flower plantings and other community improvement activities.” In 2007, cleanup efforts resulted in 200 million pounds of litter and debris removed from America’s landscape, including 3,500 illegal dump sites and over 10,000 abandoned vehicles. Participants planted 4.6 million trees, flowers and bulbs, and collected over 2.2 million scrap tires, 22.4 million pounds of aluminum and steel, 592,000 pounds of wireless phones and related equipment, and over 70 million PET bottles for recycling. Great American Cleanup events improved over 178,000 miles of roadway (more than seven times around the world), 121,000 acres of parks and public lands, 7,000 miles of rivers, lakes and shorelines, and 3,900 miles of hiking, biking and nature trails equal to a winding trail stretching from Key West, Fla., to Seattle. Volunteers for the Great American Cleanup Stamford will meet at 8:30 a.m. at the following locations: Springdale Train Station, Glenbrook Train Station, Hubbard Heights, corner of Hubbard Avenue and West Broad Street, East Side, 863 East Main Street (Stamford Signs) , Cove, at the entrance to Cove Island Park, South End, at the Lathon Wider Community Center, West Side, Stillwater Avenue at Pellicci’s , Waterside, corner of Selleck Street and Greenwich Avenue. Bags, gloves and plants will be provided. Bring your gardening tools, if you have them. If not, we’ll have some on hand. For more information call Keep Stamford Beautiful at 358-8268 or visit us on the web at keepstamfordbeautiful.org
P.O. Box 110422, Stamford, CT 06911 (203) 967-8367 (203) 325-1517 www.deskworld.com
Buy and sell new and used ofﬁce furniture. An authorized Teknia dealership-specializing in mesh ergonomic seating. The Intervale Group, LLC
Peter Jay Gould, CEO
95-20 Intervale Road, Stamford, CT 06905 (203) 322-5797 (203) 329-2083 www.intervalegroup.com
Television & Video Production & Postproduction
A full-service TV & Video production company producing commercials, documentaries, dramatic programs, large-scale concert production & video for the corporate market. We also provide editing services for independent and corporate producers. Troy Insurance & Real Estate Allison Gagliardi, Ofﬁce Manager 29 Hoyt St., Stamford, CT 06905 (203) 324-3143 (203) 969-1220 www.troyinsurance.com Insurance Agents & Brokers Full service independent insurance and real estate agency. Van Brunt, DuBiago & Company
Nicholas DuBiago, Partner
288 Bedford Street, Stamford, CT
(Next to Avon Theatre)
M, T, W, F. . . .7-6 TH...............7-7 SAT .............7-3
Experience You Can Count On 53 years family owned & operated same location Pick-Up & Delivery
Bring this ad in for 20% off next dry cleaning service (no shirts)
1100 Summer Street, Stamford, CT 06905-5534 (203) 359-0700 (203) 323-9811
Provide Tax and accounting services to businesses and individuals. Wells Fargo
Joyce Trombley, Private Mortagage Banking Branch Manager
1032 Long Ridge Road, Stamford, CT 06903 (203) 595-6497 (203) 595-6567
Mortgage and Home Equity Lending and Private Banking Client Services ❒
Members Making News
Appointments & New Positions
UST, Inc. has announced that two of its executives, Todd A. Walker and Kenneth N. Tamaro, have been promoted and will take on additional responsibilities with the company. Walker has been named vice president, government relations and public policy, while Tamaro has been appointed treasurer for UST, in addition to his existing responsibilities as vice president, tax. As UST’s new treasurer, Tamaro is responsible for the company’s treasury functions, including cash management, credit and risk management Magdalena Gorzkowicz joined the Stamford office of Country Living Associates, a full-service residential real estate firm, as a sales associate. Jeanne M. Bodyk was appointed administer and executive vice president of Visiting Nurse Services of Connecticut, home health providers serving Fairfield, New Haven, and Litchfield counties, by the agency’s board of directors. Commercial real estate brokerage firm Choyce Peterson, Inc. announced the addition of David Sims as Senior Vice President. Diversified Project Management Inc. has named Ken Lazar as senior project manager. Stamford Hospital has named Dr. Joseph Feuerstein as an integrative medicine specialist, working in the hospital’s Tully Health Center. Pitney Bowes Inc., a mailstream technology company, announced the following appointments. Michael Monahan was appointed executive vice president and chief financial officer. Leslie Abi-Karam was appointed executive vice president and president of mailing solutions management. Operations Inc., which provides HR solutions for small businesses and HR professionals, announced the following appointments. Karen Welby was appointed human resources (HR) generalist and Jennifer Gerwien was promoted to the newly created role of Director of Marketing and Business Development Greenwich Hospital has announced two promotions. Sandee Roberts-Pucci has been appointed nurse manager of the hospital’s emergency department. Susan Brown has been named senior vice president of patient care services at the hospital. research, increasing public awareness and furthering education and support for patients with testicular cancer. The funds have been earmarked for testicular cancer research at the cancer center, which annually offers about 40 clinical trials for a variety of cancers. The Workplace, Inc. was awarded a $150,000 to support two vital programs - JP Morgan Chase CareerStart and JP Morgan Chase JobStart. JP Morgan Chase CareerStart is a new project that will build school-tocareer programs linked to regional business needs, better preparing youth for success in growth occupations, in concert with the WIRED initiative. JP Morgan Chase JobStart is an established no-interest loan program that will be enhanced by covering training and education needs of jobseekers, improving their success on the job. ogy; Philip Overby, pediatric neurology; Louise Resor and Evangelos Xistris, neurology; Timothy Kenefick, Rosemary Klenk, Arnold Korval, Dorothy Levine, Alan Morelli, Hary Romanowitz and Sanford Swidler, pediatrics; and Simon Epstein and Justin Schechter, psychiatry. The Courtyard by Marriott Stamford Downtown received the following awards from Marriott International at the 2008 General Managers Conference for select service hotels: 2007 Highest Revpar Index, Diamond Hotel of the Year, and Highest Guest Satisfaction Score for Service. Murtha Cullina LLP was honored by the Connecticut Association for Marriage & Family Therapy (“CTAMFT”) with an appreciation award in recognition of the Government Group’s effort regarding the passing of Public Act 07-241, which expands mental health therapy access to children in Connecticut school systems. David J. McQuade and Janemarie W. Murphy, Senior Government Affairs Consultants of Murtha Cullina’s Government Affairs Group, were honored for their advocacy efforts over the past several years in helping the CTAMFT Legislative Committee on the passage of this important new law. The firm also announced that once again it was awarded the “Meeting the Challenge” award from E.I.du Pont de Nemours and Company. The award, which was presented at DuPont’s Primary Law Firm Annual Meeting, was accepted by Attorneys Mark R. Sussman, Susan J. Baronoff, and Jennifer Morgan DelMonico. The award is given to acknowledge outstanding accomplishments in support of the DuPont Legal Model. This is the 4th time in sixteen years that Murtha Cullina has been awarded this honor.
Awards & Recognition
The Metropolitan, a condominium project, received a prestigious award at the 13th Annual Connecticut Real Estate Awards. Selected from a finalist pool of less than 20 projects completed in 2007 in the State of Connecticut, The Metropolitan was chosen as the best example of a successful Adaptive Re-Use. The Metropolitan was developed by Hannah Real Estate Investors. Also, the award-winning Manhattan-style loft experience, has been selected to be a marquee setting in the upcoming motion picture Everybody’s Fine starring Robert De Niro and Drew Barrymore. Specifically, the grand penthouse, with its panoramic views and unparalleled interior and outdoor living space, has been chosen to serve as Ms. Barrymore’s cinematic residence. Fourteen Stamford Hospital staff members were named to its list of “Top Docs” in Connecticut Magazine’s April issue. More than 2,000 questionnaires were sent to doc-
New Business & Clients
The law firm of Murtha Cullina LLP announced that it had represented Edible Arrangements International Inc., a Connecticut corporation, in connection with an Islamic working capital facility provided by The Bank of London and the Middle East. The firm also announced the formation of the Lesbian, Gay, Bisexual, and Transgender (LGBT) Client Service Group to serve the individual and business needs of the LGBT community and its supportive networks. Urstadt Biddle Properties Inc. (UBP), a self-administered equity real estate investment trust (REIT) that provides investors with a means of participating in ownership of income-producing properties with the liquidity of being listed on the New York Stock Exchange, announced that it completed the sale of $60 million of a new Series E Senior Cumulative Preferred Stock in a private placement to WFC Holdings Corp., a holding company for Wells Fargo Bank N.A.
Jodi Gutierrez has been named director of the Southern Connecticut Building Owners and Managers Association. Gutierrez is vice president of property management for George Comfort & Sons/High Ridge Park Corporate Center in Stamford, a real estate firm founded in 1919.
L-r: Pamela Koprowski, Director of Public Affairs, Stamford Hospital; Lisa Franco, Sr. Regional Director, Marketing, American Heart Association; Dr. Steven Horowitz, Chief of Cardiology, Stamford Hospital and President, American Heart Association Southern Connecticut Board of Directors; Taryn Branca, Executive Director Fairfield/Westchester Region, American Heart Association; Scott Orstad, Manager of Corporate Communications, Stamford Hospital.
Grants and Funding
14 The Carl & Dorothy Bennett Cancer Center at Stamford Hospital received a $10,000 donation from The Craig D. Tifford Foundation, which is dedicated to funding
tors across Connecticut asking them to recommend a surgeon to whom they would send a loved one to for dermatology, neurology, pediatrics and psychiatry. The doctors are: Ellen Naidorf and Debra Pruzan-Clain, dermatol-
Stamford Hospital announced a multi-year agreement with the American Heart Association to serve as a presenting sponsor of the Heart Association’s Start! movement in Fairfield County. As presenting sponsor, Stamford Hospital establishes itself as a bona fide leader in the community when it comes to workplace wellness and the hospital’s sponsorship will help boost employee wellness and raise awareness of the American Heart Association’s Start! physical activity program.
The Stamford Symphony Orchestra
The Stamford Symphony Orchestra announced its 2008 fundraising calendar which includes two signature events:· A Classical Golf Benefit at the Woodway Country Club in Darien on Monday, May 18 at 10:00 AM. · The Annual Fundraising Gala featuring Maestro Eckart Preu at the Stamford Marriott Hotel and Spa on Saturday, November 8 at 7:00 PM. Proceeds from these events will be used to underwrite the Orchestra’s concerts and education programs. If you wish to be invited to the Golf Benefit or Gala, contact the Symphony at 203.325.1407 x15 or email BJSoroca@StamfordSymphony. org. * Saturday, May 31: Play-Well Engineering Programs. Come out and join the Green Revolution! Using LEGO® and other building systems, kids can learn as they play while designing and building environmentally-friendly cars, houses, and renewable energy sources. Programs are available for pre-K through fifth graders, from 1:30 to 3 p.m. This program is being offered in conjunction with the exhibition, Architecture of the Imagination: The Lure of the LEGO® Brick, on view through August 17.
* Saturday, May 31: Amphibian Amble II, - Stamford Museum & Nature Center invites you Stamford Museum & Nature Center to head into the forest to visit its verCalendar of Events for May. 39 Scofieldtown Road (203) nal ponds, also known as the “nurseries of the forest,” as these seasonal 322-1646. ponds come to life in with spotted salamanders, wood frogs and spring * Thru August 17: John Singer peepers. This Outdoor Adventures Sargent’s “Portrait of J. P. Wolff,” a program is offered to participants ages painting with an extraordinary his5 years and older from 4-5:30 p.m. tory, in the Bendel Mansion Museum Lobby. * Sunday, May 11: Planetarium - The theme for this month’s planetarium show at is “Looking for Earthlike Planets”. Come to the planetarium and discover what astronomers have learned about the extrasolar planets that have been found so far. Show is at 3 p.m.
Curtain Call presents: “Dancing
the Farm. This festival will highlight new life on the farm. Visitors can learn how to shear sheep, pick up a plant at the plant sale, and take a hayride around the blossoming grounds. There will be face painting, games and many other activities for the children. Food and refreshments for sale. Program: 11:00 a.m. - 3:00 p.m.
with the Stars,Stamford” The program will feature local “Star Dancers” paired with professional dancers to help raise funds for Stamford’s longest-running community theatre on Saturday night, May 17th. Tickets for this fabulous and fun event will go on sale soon, so keep an eye on their website www.curtaincallinc. com for more details or call the office at 203-329-8207. Curtain Call’s 18th annual Summer Youth Theatre production will be the delightful new show, Seussical The Musical. * Sunday, May 18: Featuring a fabulous score and a well-known story based on UBS presents Spring on the books of Dr. Seuss, this is a musical theatre piece perfect for all ages! Auditions will be held Tuesday, May 27, 7:00 pm - 10:00 pm (ages 15-21) and Saturday, May 31, 12:00 pm 4:00 pm (ages 10-14). Callbacks will be on Sunday afternoon June 1. For more information, contact the box office at 203 461-6356 ext. 13.
This 77 acre campus on the northern edge of Stamford’s CBD contains three buildings, ample amenities and future development rights that can accommodate tenants requiring 50,000 to 1,500,000 square feet. Minutes from the Merritt Parkway, the Stamford train station and I-95, Long Ridge Corporate Center draws off two separate power grids. A level of power insurance unique in Stamford. Immediate occupancy available. Contact Paul Kuehner at Paul@BLToffice.com, 203.846.1900 x 1522.
Building and Land Technology’s trophy properties host the headquarters for GE Commercial Finance, Diageo, GE Real Estate, Xerox, GE Energy Financial Services, IMS Health, GE Treasury and Hewitt.