Monday, November 30, 2015
Comings & Goings: New Management For Westport Wine
Westport Wine & Spirits, 877 Post Road East, opposite the Sherwood Island Connector, has reopened under new management The new owner is Zak Ginzburg, a Westport resident for the past three years. He also operates Cost Less Wines and Liquor on High Ridge Road in Stamford since 2000. He said in addition to wine, liquor and beer, the Westport store also offers a gourmet cheese selection. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Marking 25 Years
The A&J Farm Stand, a Post Road East icon at 1680 near Stop & Shop, celebrates its 25th year at that location, according to owner Albert Cuseo, a lifelong Westport residents and 1987 graduate of Staples High School. He said the stand opened as a seasonal business in 1990, selling locally grown produce in the warm months and in the winter holiday season offering Christmas trees, wreaths poinsettias and other festive holiday items. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Saturday, November 28, 2015
Comings & Goings: Shoe-Inn to Move Across Main St.
Shoe-Inn, the women’s designer shoe store for four decades at 38 Main St., will move across the street to 21 Main St. in space formerly occupied by Henry Lehr. The space has been vacant since September 2014. According to the store manager, Shoe-Inn will open across the street in February. It has seven other stores located in New Jersey, Westchester County, New York City, and Long Island. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Comings & Goings: Matt Bernson to Brooks Corner
Tribeca-based Matt Bernson, specializing in shoes, handbags, jewelry and small leather goods, will open at 136 Main St.in the Brooks Corner shopping center in space previously occupied by the Johnston & Murphy shoe and accessories store. According to its website, “our shoes are produced in quantities of 100 per color. all of our jewelry is handmade in NYC and our handbags are all produced in quantities of 30 per color.” (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Friday, November 27, 2015
Black Friday Shoppers Crowd Westport’s Main Street
Black Friday shoppers crowded Westport’s Main Street today in search of bargains. Unseasonably warm temperatures in the 60s made it seem more like September than the day after Thanksgiving. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Monday, November 23, 2015
Moody’s Rates Westport’s $8.56M Bond Issue Triple-A
Editor’s note: The following article originally was published on Nov. 16. It has been updated with additional information released today.
UPDATE Moody’s Investors Service said today it had assigned a triple-A (Aaa) rating and stable outlook to the Town of Westport’s planned $8.56 million general obligations refunding bond issue and affirmed the top rating to its $93 million in long-term general obligations debt.
“Moody’s highest quality long-term rating reflects the Westport’s sizable tax base with extremely high wealth and income indices, and a manageable debt position,” the rating agency said in a statement.
“The rating further incorporates the town’s well-managed financial operations marked by adequate reserve levels, a well-funded pension system, and proactive funding of the town’s post-retirement benefits liability.”
It said the bonds, with an expected sale date of Nov. 19, are secured by the town’s unlimited general obligation tax pledge and will be used to refund the town’s Issue of 2009 general obligation bonds, for an estimated net present value savings of $122,000, or 6.7 percent of refunded principal.
Thursday, November 19, 2015
Tax Assessor Has Some Good and Bad News
By Roy Fuchs
Westport Assessor Paul Friia today offered some good news and some bad news to the Y’s Men of Westport Weston about the almost concluded full revaluation.
Tax Assessor Paul Friia: commercial values have increased more than residential. (CLICK TO ENLARGE) Larry Untermeyer for WestportNow.com
The good news—the commercial grand list grew faster than the residential during the five years since the last revaluation, meaning businesses will shoulder a larger portion of total taxes. The bad news—not by much.
Addressing the group’s weekly meeting at the Saugatuck Congregational Church, Friia said state statute requires that every community perform a reval every five years, alternating a “full inspection” assessment, as his office is concluding now, with a desktop update.
Revaluations, he said are done “not to raise taxes… but “to create “an equitable distribution of taxes across the municipality.”
Unemployment Drops to 5.1%, But State Loses jobs
By Mark Pazniokaswww.ctmirror.org
Connecticut today posted a contradictory jobs report for the second consecutive month, showing that the unemployment rate dropped a tenth of a point to a post-recession low of 5.1 percent in October, despite the loss of 2,200 jobs.
First, the good news: Unemployment in the state has not been this low since March 2008, the start of the Great Recession that eventually claimed 119,000 jobs. And the state made a net gain of 24,100 nonfarm jobs in the past 12 months.
Now, the bad: Preliminary nonfarm employment estimates for October show a loss of 2,200 jobs. It was the fourth month this year in which a survey of businesses found a net loss of jobs.
“For the second month in a row Connecticut has shown job losses, possibly indicating a softening of the strong growth we have seen through August of this year,” said Andy Condon, director of research at the state Department of Labor. “However, our annual employment growth rate continues at a strong pace.”
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Tuesday, November 17, 2015
A Little Exterior Restoring to Restoration Hardware
The outside of Westport’s Restoration Hardware, 76 Post Road East, gets a new coat of paint today just in time for the holiday season. The store opened in 1999 in the former Fine Arts Theatre property, which was built 100 years ago by Norwalk real estate developer Robert Joseloff. (CLICK TO ENLARGE) Bob Eckman for WestportNow.com
Thursday, November 12, 2015
Reviving the Westport-Weston Bar Association
More than 70 Westport and Weston attorneys gathered tonight at the Boathouse Restaurant in Westport at the inaugural cocktail party to kick of the renewal of the Westport-Weston Bar Association. The Westport Bar Association operated for 30 years until 1990. Special guest was retired senior U.S. District Court judge Alan H. Nevas (3rd r) of Westport, who is pictured with steering committee members (l-r) Ken Bernhard, Rita Steinberger, Ira Bloom, Eileen Lavigne Flug, Amy Day and Gail Kelly. (CLICK TO ENLARGE) Contributed photo
Wednesday, November 11, 2015
Comings & Goings: Jersey Mike’s Subs Opens
Jersey Mike’s Subs officially opened today at 398 Post Rost Eats in the Compo Acres Shopping Center. (See WestportNow Aug. 21, 2015). Robek Juice formerly occupied the space, between Trader Joe’s and Farrow & Ball. According to Brian O’Hagan, who co-owns the franchise area with Troy Davidson, they will own 15 stores by the end of the year. As a promotion the Westport store offers a free sub to everyone who donates at least one dollar to Special Olympics, an offer good through Sunday.. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Sandwich Wrap Cutting to Open
Westport First Selectman Jim Marpe and Westport Weston Chamber of Commerce Executive Director Matthew Mandell today cut a sandwich wrap ribbon to officially welcome Jersey Mike’s Subs to the Compo Acres Shopping Center in Westport. They were joined by co-owners Brian O’Hagan, (l) and Troy Davidson (r). (CLICK TO ENLARGE) Dave Matlow for WestportNow.co
Tuesday, November 10, 2015
Comings & Goings: Crumbs Closes—Again
The open and closed cycle of Crumbs at the corner of Jesup Road and Taylor Place is closed again.The bakery cafe opened in Westport in April 2009 (see WestportNow April 18, 2009), shuttered in July 2014 (see WestportNow, July 8, 2014) and reopened in November 2014 (see WestportNow Nov. 3, 2014). Crumbs retains its other Connecticut location in Greenwich, where an employee there said today he was unaware of the closing of the Westport location. The Crumbs website, which no longer lists a Westport location, shows 14 remaining locations in the District of Columbia, New Jersey, New York, Massachusetts, and California. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com
Monday, November 02, 2015
Comings & Goings: Pop-Up Cashmere Store Opens
After 14 years of running pop-up stores from coast to coast, Joy Schwartz of Stamford has opened her first retail location in Westport. Offering cashmere ponchos, scarves and a wide assortment of sweaters at prices well below the high-end department stores, The Cashmere Sale is located at 30 Post Road East (corner of Taylor Place and Post Road East,) It will remain open through Dec. 10. (CLICK TO ENLARGE) Lynn U. Miller for WestportNow.com