Scinto snags Stew”™s site
R.D. Scinto Inc. acquired a 44-acre site in Orange that was originally slated to become a Stew Leonard”™s supermarket, before a small group of residents sued to block the Norwalk-based company”™ project.
It marked Shelton-based R.D. Scinto”™s first major announced sale since CEO Bob Scinto completed a prison sentence last year, after admitting to lying to federal agents regarding the nature of valuable gifts he gave a Shelton official.
In an advertisement for the property, Scinto offers to build to suit prospective tenants”™ specs, and touts the property as “the last major development site on I-95 between Boston and the Bronx.”
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Regis still a millionaire
Regis Philbin, Connecticut”™s most visible resident ”“ according to the Guinness Book of World Records anyway noting Philbin”™s record-setting appearances on TV ”“ sold his longtime Greenwich home for $3 million.
Raymond and Yanina LaChance bought the home at 39 Meeting House Road in September, according to the Greenwich Time, with the property totaling 6,000 square feet on six acres. Philbin moved to another house in Greenwich a few years ago, according to reports.
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Lucerne likes Greenwich
Lucerne Capital Management L.L.C. is relocating from Harrison, N.Y., to Greenwich taking 3,000 square feet of space at 35 Mason St.
Lucerne was represented by Darien-based Signature Group, with the building owner”™s negotiations handled by Tedesco Realty Associates.
Friedman”™s home sold
More than four years after being slapped with a massive penalty in a high-profile pharmaceutical marketing case, the home of former Purdue Pharma CEO Michael Friedman was sold.
William Pitt Sotheby’s International Realty, which brokered the transaction, said the $4.6 million sale of the 12,700-square-foot home at 69 Deer Meadow Lane was the highest price of any Stamford residence last year.
Lois Friedman was listed in documents as the seller. In a 2009 lawsuit against the U.S. government, Michael Friedman listed 69 Deer Meadow Lane as his primary residence. Michael Friedman was fined $19 million in 2007, stemming from Stamford-based Purdue Pharma”™s marketing of the Oxycontin pain medication, and was barred from participating in any federal health programs, a decision he fought in court. Purdue Pharma paid $600 million in fines.
Bread maker opens café
Artisan baker Wave Hill Breads is opening its first café and market at 30 High St. in Norwalk, to include a wireless Internet hotspot and making itself available for charity and organizational events.
The company was founded in 2005 in Wilton by Mitchell Rapoport and Margaret Sapir, and added chef Michael Devlin while relocating to Norwalk last summer with the assistance of the Norwalk Redevelopment Agency. Wave Hill Breads supplies area stores, restaurants and farmers markets in Connecticut, Westchester County, N.Y., and New Jersey.
El Coyote lopes north
El Coyote Mexican restaurant is opening a second location in Brookfield, also operating one in Monroe.
Commercial broker Goodfellow Ashmore CORFAC International represented both the tenant and landlord at 270 Federal Road in Brookfield, where El Coyote Mexican will occupy 3,000 square feet with a bar and outdoor seating.
Stanley Steemer sweeps in
A Stratford industrial building will become a Stanley Steemer International Inc. location, its first in Fairfield County.
Stanley Steemer signed a lease for more than 10,000 square feet at 1480 Stratford Ave. Angel Commercial L.L.C represented Stanley Steemer, which offers business and residential cleaning services.
Boston buildings sold
For $12 million, an affiliate of Abbey Road Advisors sold two retail buildings in Boston”™s Back Bay neighborhood totaling more than 13,000 square feet of space.
Westport-based Abbey Road bought the buildings in 2008.
