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Getting Ready for Book Sale

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Volunteers, including book sale chair Mimi Greenlee (carrying bin), were busy today getting ready for the Westport Public Library’s Annual Friends Holiday Book Sale starting Saturday, running from 9 a.m. to 5 p.m. Hundreds of pristine, gift worthy books will be available. The sale will continue on Sunday from 1 p.m. to 5 p.m. (CLICK TO ENLARGE) Phyllis Groner for WestportNow.com

Holiday House Tour Set for Sunday

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Saturday is the last day to get a discount ticket to Sunday’s Westport Historical Society Holiday House tour. The popular annual 11 a.m. to 4 p.m. event features homes and studios of five Westport artists. On view will be sculptures, paintings, multimedia art and an antique ornament collection. Guests may also extend the day at a 4:30 p.m. to 7:30 p.m. Twilight Soiree to include hor d’oeuvres, wine, live music and auction at the home of another artist. All proceeds benefit the nonprofit Westport Historical Society. (CLICK TO ENLARGE) Larry Untermeyer for WestportNow.com

Westport Property Transfers Nov. 12 – Nov. 16, 2012

Westport property transfers as reported by the Town Clerk’s office for the period Nov. 12 - 16, 2012:

MCP Imperial Ave LLC to Imperial Avenue LLC, 33 Imperial Ave., $950,000WN property.jpg

Kelly Hadous-Ferry to Matthew Moneyhon and Kathleen Tarrant, 10 Over Rock Lane, $1,795,000

Gerald Goodness to Catharine B. Sanderson aka Catherine B. Sanderson, 11 Dr Gillette Circle, $482,000

Compo Enterprises LLC to Christopher S. and Elise M. Hynes, 144 Compo Road North, $1,730,000

Westport Exec to Pay $1.4 Million for Insider Trading

A Westport investment industry executive has agreed to pay $1.4 million to settle insider trading charges, the Securities and Exchange Commission (SEC) said today.

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I. Joseph Massoud: neither admits nor denies charges. Contributed photo

The SEC alleges that I Joseph Massoud, who founded investment advisory firm Compass Group Management on Post Road East, engaged in insider trading ahead of the sale of Patriot Capital Funding Group based on nonpublic information he learned at the helm of a firm involved in the bidding process.

It said Massoud, who has neither admitted nor denied the SEC’s claims, gained access to nonpublic information contained in an online “dataroom” where bidding companies could learn more about Patriot Capital’s financial condition.

For access to the data, Compass Group had to enter into a confidentiality agreement that prohibited its employees from buying Patriot Capital stock, the SEC said.

Friday, November 30, 2012


10 a.m. – Westport Arts Center – ArtCafé
10 a.m. – Town Hall Room 201 – Baron’s South Committee
10 a.m. –  2 p.m. – Westport Arts Center – “Muse” and “Penpals and Dreams”
10 a.m. – 4 p.m. – Westport Historical Society – “U.S. Postage Stamps by Westport Artists” & “The Road to 06880: Colonial Era to Present”
7:30 p.m. – Bedford Middle School – Bedford Acting Group: “Joseph and the Amazing Technicolor Dreamcoat”
8 p.m. – Town Hall – Westport Community Theatre: “The Woman In Black”

See more events:  Celebrate Westport Calendar

Still Uninhabitable a Month Later

By James Lomuscio

Today marks one month since Storm Sandy roared with a vengeance into Westport, wreaking havoc the town has not seen since the fabled Hurricane of 1938.

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Contractor Kevin Leigland at a Saugatuck Shores home a month after Storm Sandy wreaked havoc on the island. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

For some, a month’s passing was just enough time to rebound. Rob Reeves, CEO of the Westport Weston Family Y on Church Lane, annnounced tonight that the facility will finally reopen Friday. The Y had sustained more than $500,000 in damage when floodwaters filled its basement, bringing its electrical and mechanical systems to a grinding halt.

Some downtown businesses will need more time to recover as evidenced by still shuttered Chico’s and the Banana Republic on Main Street.

But for those whom Sandy hit hard where they live, the 31 homes deemed uninhabitable, the recovery will take longer. From Compo Beach to Compo Mill Cove to Saugatuck Island, major restorations are required. Numerous homes will be demolished.

Family Y Reopens Friday on Limited Basis

The Westport Weston Family Y announced today that it will reopen Friday at noon on a limited basis after being closed a month because of damage caused by Storm Sandy.

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A worker repairs a flood-damaged wall in the Family Y’s Child Care Center. (CLICK TO ENLARGE) Contributed photo

It said it has received a temporary certificate of occupancy from town officials.

“I am very proud of the work our staff and contracting partners have done to get us to this point,” said Rob Reeves, Family Y CEO. 

“Superstorm Sandy may have knocked us out of action for a while, but we’re happy to be able to once again serve our 5,500 Members and entire community, even if it means starting on a limited basis at first.”