Friday, April 12, 2024

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WestportNow Teardown of the Day: 17 Bluewater Hill

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An application for a permit to demolish the house at Westport’s 17 Bluewater Hill, off Compo Road South, is in process. Built in 1950, the two-story colonial has 2.454 square feet, is situated on a 1.16-acre property and changed ownership last month for $4,375,000. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

New Name, Logo, for Westport’s Oldest Business

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There is a new name and logo for Westport’s Gault Energy & Stone, Westport’s oldest business. Founded in 1863, the company today unveiled a new name – Gault Family Companies – and said the new “G” logo reflects its rebranded lines of businesses—Energy & Home Solutions, Stone & Landscape Supplies, and Properties & Development. “Our new logo and expanded corporate structure captures our rich history and reveals our ambitious plans for the future,” said Sam Gault, the fifth generation Gault to head the company. Pictured with Gault (c ) are (l-r) Megan Donaher, sales coordinator and sixth generation, Bill Gault, chairman of the board and fourth generation, Meredith Donaher, marketing director and sixth generation, and Jim Donaher, vice president, fifth generation and father of Megan and Meredith. (CLICK TO ENLARGE) Contributed photo

Flash Flood Watch Issued

The National Weather Service has issued a Flash Flood Watch for Westport and area from 8 p.m. today through Friday afternoon.

It said showers and thunderstorms will be moving into the region from the west early this evening and will overspread the region late tonight.

Showers and thunderstorms will continue into Friday morning and begin to taper off from west to east during Friday afternoon, the NWS said.

There is the potential for periods of heavy rainfall this evening into Friday afternoon, it said.

Blocked Main Street

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UPDATE Westport fire units blocked Main Street today as they responded to smoke in the building caused by an overheated attic ventilation motor at 56 Main St. The unit was quickly isolated and shut down. Main Street reopened at about 1:30 p.m. Firefighters returned to the store shortly before 5:30 p.m. when another fire alarm came in, but reports from the scene said no problem was found. (CLICK TO ENLARGE) WestportNow.com photo

Ray Dalio: NYT Bridgewater Story ‘Distortion of Reality’

Ray Dalio, founder of Westport’s Bridgewater Associates, the world’s largest hedge fund and Westport’s largest private employer, today sharply criticized a New York Times story portraying his company, as described by one employee, as a “cauldron of fear and intimidation.”

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Ray Dalio: NYT story “sensationalistic”. LinkedIn photo

In a statement issued by his company, Dalio, who turns 67 on Monday, denounced the Wednesday front page story—which included details of an alleged sexual harassment complaint, skinny-dipping during a work retreat, and video surveillance—as an example of “media distortion of reality.” (See WestportNow July 26, 2016)

“To understand the background of this story, you should know that the New York Times reporters never made a serious attempt to understand how we operate. Instead they intentionally strung together a series of misleading ‘facts’ in ways they felt would create the most sensationalistic story,” Dalio said in the statement.

The Times reported on Dalio’s response to its story on its website today.