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Sunday, August 30, 2015

Business

Business

Friday, August 21, 2015

Comings & Goings: Jersey Mike’s Subs to Compo Acres

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Jersey Mike’s Subs will open in October in the Compo Acres Shopping Center, 398 Post Road East, according to an employee in its Norwalk store at 360 Connecticut Ave. Robek Juice formerly occupied the space, between Trader Joe’s and Farrow & Ball. Westport will be the company’s 10th location in Connecticut. Originally called Mike’s Subs, the business started in Point Pleasant, N.J. in 1956. Today, according to CEO Peter Cancro, Jersey Mike’s has more than 1,500 locations open or under development. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 01:14 PM
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Friday, August 14, 2015

Comings & Goings: Saugatuck Sweets to Fairfield

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Saugatuck Sweets, the ice cream and candy store which opened at 575 Riverside Ave. in 2014, will open its second store in November at 28 Reef Road in Fairfield, according to Al DiGuido who co-owns the business with fellow Westporter Pete Romano. The Fairfield store is next door to the popular Firehouse Deli. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 05:42 PM
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Tuesday, August 11, 2015

Terex to Merge With Finnish Competitor

UPDATE Westport-based Terex Corp. has agreed to combine with Finnish competitor Konecranes Oyj to create a crane and materials-handling supplier with a combined $10 billion in sales, it was announced early today.

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The all-stock merger of equals will result in shareholders of Terex owning 60 percent of a new enlarged group called Konecranes Terex Plc, the companies said in statement. They said the merged company will maintain “significant headquarters” in Westport and Hyvinkää, Finland. WestportNow.com Image
Ronald DeFeo: will be CEO of combined company. File photo

Terex has declined 25 percent this year, leaving the company with a market value of $2.37 billion. The stock climbed 11 percent in after-hours trading Monday to $24.39. Konecranes has climbed 18 percent this year.

Terex, which had 2014 revenue of $7.3 billion and net income of $319 million, makes heavy equipment for industries including construction, mining, shipping and refining. Its headquarters is the Nyala Farms office complex on Greens Farms Road. Ronald DeFeo, Terex chairman and CEO, is a Westport resident.

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Posted 02:25 AM
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Thursday, August 06, 2015

Comings & Goings: Another Mexican Restaurant

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Westport is getting another Mexican restaurant, this one named Rio Bravo at 1620 Post Road East. It opens in October, according to manager Everado Lopez, who describes the menu as “gourmet Mexican.”  This is the third location for Rio Bravo, owned by Edgar Brambila, who opened his first Rio Bravo in Fairfield in October 2013 and the second seven months ago in Larchmont, N.Y. Lopez said the similarity of the Rio Bravo name with its restaurant neighbor Bravo Pizzeria is a mere coincidence. Other recent Mexican restaurant openings on Post Road East include Chipolte, 376 Post Road East, and Qdoba, 275 Post Road East. They join the long-established Border Grill, 1550 Post Road East. Elsewhere in town, Mexican eateries include Viva Zapata, Villa del Sol, Bartaco, Cuatro Hermanos, and Señor Salsa. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 04:22 PM
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Wednesday, August 05, 2015

William Pitt Sotheby’s Acquires Nicholas H. Fingelly

William Pitt Sotheby’s International Realty announced today it has acquired the assets of Nicholas H. Fingelly Real Estate in Southport and Westport. Terms were not disclosed.

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Vicky, Cathy and Ginny Fingelly with Paul Breunich, president and CEO of William Pitt Sotheby’s International Realty. (CLICK TO ENLARGE) Contributed photo

Nicholas H. Fingelly Real Estate will now operate as William Pitt Sotheby’s International Realty, a news release said.

William Pitt Sotheby’s International Realty said it will maintain two brokerage locations in each of the towns, keeping Fingelly’s offices at 251 Main St., Southport, and 1265 Post Road East, Westport, as well as its own at 250 Pequot Ave. Southport and 199 Post Road East in Westport.

Fingelly’s 67 sales associates will still be based out of their existing offices, including principals Cathy, Ginny and Vicky Fingelly, who will also continue with the firm as sales associates, the announcement said.

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Posted 06:45 PM
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Monday, August 03, 2015

Comings & Goings: Amenity Nail & Spa to 125 Main St.

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Amenity Nail & Spa, the most recent nail salon addition to Westport’s personal care businesses, opened today in the lower level of 125 Main St. Its entrance is located on Parker Harding Plaza below the Gap. Yi (Zack) Zhao, who co-owns the business with his wife Sandra (above), said he has been in the salon industry for 15 years and also owns the Nail Boutique, 522 East Putnam Ave., Greenwich for the past 10 years. The space was previously occupied by the CRU restaurant, which closed in February 2014. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 07:06 PM
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87 Post Road East Sold for $16.6 Million

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The iconic property at 87 Post Road East at the intersection of Church Lane across from the Bedford Square Development project was sold Friday for $16,630,000, according to co-owner David Waldman, president of David Adam Realty. He said the buyer is a New York City-based LLC. The 14,300-square foot building houses three tenants, Patagonia, Balance Point Capital Partners, and Pink Sumo Sushi and Sake Cafe. Waldman said he owned the property since 2004 when it was purchased for $4 million and spent an additional $4 million on renovations in 2004-2005. Built in 1924, it was the longtime home of the former Westport Bank & Trust Co. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 11:45 AM
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Wednesday, July 29, 2015

Comings & Goings: Home Care Services Agency Opens in Saugatuck

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Companions & Homemakers, a home care services agency, opened a branch at 16 Ketchum St. in Westport’s Saugatuck section and celebrated the occasion today with an open house welcome to the public and a ribbon-cutting ceremony attended by local dignitaries. Its Westport location is the 11th in Connecticut for the 25-year-old business privately owned by Linda Grigerek of Farmington, according to regional manager, Jonathan Hunt.  Companions & Homemakers specializes in affordable home care services to clients and their families. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 02:26 PM
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Tuesday, July 28, 2015

Comings & Goings: Positano Opens at New Location

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Positano Ristorante, a mainstay at its Compo Mill location on Hillspoint Road for 15 years, has reopened at its new home next to the Westport Country Playhouse. The space was most recently occupied by The Dressing Room restaurant, the culinary venture of the late Paul Newman and chef Michel Nischan. Positano owner Giuseppe Scarpati (l) posed tonight with his son and co-chef Fernando. Postiano closed Dec. 31, 2014 at Old Mill and had hoped to open in February. (See WestportNow Dec. 31, 2014).(CLICK TO ENLARGE) Rachel Konstantin for WestportNow.com

Posted 10:10 PM
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Now With a Patio

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The exterior of Positano Ristorante, which has opened next to the Westport Country Playhouse in space most recently occupied by The Dressing Room Restaurant.  The restaurant includes patio dining, something it did not have at its Old Mill Beach location. (CLICK TO ENLARGE) Helen Klisser During for WestportNow.com

Posted 10:05 PM
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A Little Bit of Italy Opens Next to Playhouse

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Interior view of the front room and bar of the newly opened Positano Ristorante next to the Westport Country Playhouse. There is also a back room dining area as well as a patio. (CLICK TO ENLARGE) Helen Klisser During for WestportNow.com

Posted 10:00 PM
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Comings & Goings: Old Town Hall Gets New Restaurant

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The basement of Westport’s Old Town Hall, 90 Post Road East next to Restoration Hardware, is getting a new restaurant tenant. A rathskeller-type bar and restaurant, Rothbard Ale + Larder, will open by mid-September, “before Oktoberfest,” according to co-owner Joe Farrell, He and head chef Adam Roytman also co-own Walrus + Carpenter, a barbecue restaurant in Bridgeport, which opened in 2013. Farrell, who grew up in Westport and now lives in Stratford, said the 65-seat space would feature German, Belgian and Austrian beers and wines and a full dining menu. Real estate developer and landlord Rob Haroun describes the eatery as having a “European beer garden” feeling. The space was formerly occupied by Tierra Restaurant, which opened in May 2014 and closed in March 2015 (see WestporttNow March 20, 2015). (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 06:49 PM
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Friday, July 24, 2015

TV Show Taped at Westport Store Airs Tonight

“What Would You Do?,” the hidden camera ABC-TV show featuring ethical dilemmas, tonight will air an episode taped at Westport’s Groove, a popular children’s clothing and gift store at 420 Post Road West, across from Whole Foods.

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Host John Quinones of ABC’s “What Would You Do?” posed with those involved in the episode taped at Groove. (CLICK TO ENLARGE) Contributed photo

The show, taped last October,  airs at 9 p.m.  The TV show used actors to set up scenarios to see what bystanders would do or say when faced with an ethical dilemma.

The scenarios involved a mother and her daughter (both actors) shopping for clothes, during which the daughter acted disrespectfully to the salesperson (another actor), threw clothes on the ground and displayed entitled, obnoxious behavior.

In several scenarios, the mother was also rude and disrespectful, while in other cases, she was consumed with a cell phone call and ignored her daughter’s behavior altogether.

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Posted 12:57 PM
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Wednesday, July 22, 2015

Improvements Approved for 1529 Post Road East

The commercial property at 1529 Post Road East at the intersection of Maple Avenue North is in an early stage of a makeover facelift, according to its owner, Post-Maple Real Estate LLC.

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The approvals were given for the commercial property at 1529 Post Road East at the intersection of Maple Avenue North. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Its representatives, led by Fairfield attorney John Fallon, earned the approval of the Board of Selectmen today of their request for an easement of the town-owned curb and adjacent pavement as reviewed by Public Works Director Steve Edwards, who attended the meeting.

The strip of stores, now occupied by a dry cleaner and coffee shop in addition to spaces vacated in the past year by Top Drawer and Boat Locker, will undergo a “significant architectural upgrade and expansion of the building, including replacement of all existing curbs and pavement,” according to text accompanying a site plan submitted to the Planning & Zoning Commission.

Post-Maple representatives said the parking lot will be redesigned to improve entrance and exits, which will improve driver and pedestrian safety.

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Posted 03:36 PM
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Monday, July 20, 2015

Comings & Goings: Zaniac to Post Road East

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Zaniac, a national STEM (Science, Technology, Engineering and Math) educational business that provides F-8 after-school programs and camps to help youths in math and science instruction, opens next month at 1391 Post Road East, near Balducci’s. Zaniac engages and integrates a multi-disciplinary approach to problem solving with the aid of Zaniac Robotics, LEGO, game-based learning: Minecraft, 3D printing, app creation and computer programming, according to an announcement. Zaniac, which maintains corporate offices in Utah and Miami, opened its first classroom in Greenwich in December 2013. Its owners there, Greenwich residents Camilla Gazal and Flavia Naslausky, are also owners of the Westport business. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Posted 10:11 PM
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