Sunday, June 14, 2026
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Members
  • Sign in
Westfair Communications
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Doctors of Distinction
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
        • 2026 Doctors of Distinction
        • 2026 40 Under Forty
        • 2026 Real Estate
        • 2026 Women in Power
      • 2025
        • 2025 Hispanic Innovators
        • 2025 Doctors of Distinction
        • 2025 C-Suite Awards
        • 2025 Women Innovators
        • 2025 40 Under Forty
        • 2025 Millennial & Gen Z
        • 2025 Real Estate
      • 2024
        • 2024 Doctors of Distinction
        • 2024 Women Innovators
        • 2024 40 Under 40
        • 2024 Real Estate
        • 2024 Women In Power
      • 2023
        • 2023 Women In Power
        • Milli + Genz
        • Women Innovators
        • Forty Under 40
        • Doctors of Distinction
        • Real Estate
      • 2022
        • 2022 Millennial + GenZ Awards
        • 2022 C-Suite Awards
        • 2022 Doctors of Distinction
        • 2022 THE FUTURE OF REAL ESTATE
        • 2022 FORTY UNDER 40
      • 2021
        • 2021 FORTY UNDER 40 VIRTUAL EVENT
        • 2021 TOP WEALTH ADVISORS Virtual Event
        • 2021 Milli + GenZ Awards
        • 2021 C-SUITE
        • 2021 DOCTORS OF DISTINCTION
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBEACT NOW
    • NEWSLETTERS
    • DIGITAL ACCESS
No Result
View All Result
Westfair Communications
No Result
View All Result
Home Government

The battle over the sales office

Sam Barron by Sam Barron
April 29, 2013
0
Share on LinkedInShare on FacebookShare on Twitter

The Yorktown Town Board is divided over what to do with a $3 million, 8,000-square-foot building in Shrub Oak.

The building has served as the sales office for Trump Park Residences, an $80 million, 141-unit active adult community off Barger Street, owned by Cappelli Enterprises Inc.

According to a written agreement, once 50 percent of the residential units were sold, the building was to be razed and replaced with a gazebo and a walking track. Even though half of the units remain unsold, a Cappelli spokesman said they no longer need a sales office.

Some town officials, including Supervisor Michael Grace would like the structure to remain and be used for town purposes, like an office for the Parks and Recreation Department.

“The town has some needs for a building like that in the northern end of town,” Grace said. “A building like that could hold administrative offices and allow for us to run community programs.”

At a work session, some residents were resistant to the idea, worried about what the town would do with the land, but Grace said it would simply be used as an office.

While there is no set value for the building, estimates by Grace and Cappelli Enterprises have it between $2 million and $3 million.

Councilman Nick Bianco and the Yorktown Land Trust would prefer the building be razed and left as open space per the agreement made during the approval portion of the project.

“I don”™t believe in reneging on agreements,” Bianco said. “How do we benefit from this? This belongs to the land trust.”

Councilman Dave Paganelli agrees with Bianco, while Councilman Terrence Murphy sides with Grace. Vishnu Patel could not be reached for comment.

“Our motto is progress with preservation,” Murphy said. “I have no problem with preservation, but we have already preserved 3,000 acres of open space. You have a building on that piece of land, why would you want to wreck it just to have grass grow?”

John Schroeder, president of the Yorktown Land Trust, negotiated the easement along with the Westchester Land Trust. He said that preserving 40 acres was the trade-off for Cappelli being able to put in several amenities and that the building would be taken down.

“Buildings are not supposed to be there,” Schroeder said. “Our position is that the building has to come down or be moved.”

A recreation easement approved by the town that sets aside five to 10 acres of the property to be used as a walking trail, paid for by Cappelli, also states that buildings should not be on the site.

“As far as we are concerned, Yorktown has an obligation to enforce the conditions of a recreation easement,” Schroeder said. “The building must be removed from the site.”

Joseph Apicella, executive vice president of Cappelli Enterprises, said his company is interested in donating the building to the town rather than knocking it down in favor of open space.

“There”™s plenty of grass,” Apicella said. “We”™ve already set aside 40 acres. People can run to their hearts content. We”™re not looking to make a profit; we want to do something good for a community that”™s been very good to us. Why would we knock the building down?”

Cappelli Enterprises has taken a big hit on the residential complex since it opened in 2007. More than half of the units remain unsold, and the units that have been sold are selling at only 70 to 75 percent of what Cappelli Enterprises was originally asking. Initial asking prices for the one, two and three-bedroom homes ranged from the mid-$500,000s to $1.2 million. Apicella said they are now asking $250 to $300 per square foot.

Apicella blames the recession for the sluggish sales.

“It is still a struggle,” Apicella said. “It”™s a beautiful spectacular property with an unbelievable amount of amenities. You name it, we have it there. The economy has just sucked the life out of the project.”

While Grace and Apicella tout the value of the building, Schroeder maintains that an agreement is an agreement.

“Whether the building is worth $3 million or $3,000, there cannot be a building there,” Schroeder said. “Our situation and our mission are very clear on this.”

This page is available to subscribers. Click here to sign in or get access.

Previous Post

New chefs in Westchester

Next Post

A marketing strategy based on life’s stages

Related Posts

PEHT nonprofit buys The Pantry
Business

PEHT nonprofit buys The Pantry

June 13, 2026
America 250
America 250

America 250

June 12, 2026
Mount Pleasant lawyer petitions for bankruptcy help
Courts

Mount Pleasant lawyer petitions for bankruptcy help

June 12, 2026
Next Post

A marketing strategy based on life’s stages

Subscribe to our newsletter

Lifestyle

  • Exclusives
  • Good Things Happening
  • Food & Restaurants
  • Travel
  • Health & Fitness
  • Home & Design

World News

CNN WIRE — Crews begin removing Trump’s name from Kennedy Center but then drapes go up
World News

CNN WIRE — Crews begin removing Trump’s name from Kennedy Center but then drapes go up

by CNN Wire
June 13, 2026
0

By Devan Cole, Betsy Klein, CNN (CNN) — Workers began removing President Donald Trump’s name from an exterior wall of...

U.S. and world news for Feb. 13

CNN WIRE — Trump loses; appeals court rules his name must come off Kennedy Center

June 12, 2026
CNN WIRE — Judge rejects bid to stop UFC fight at White House

CNN WIRE — Judge rejects bid to stop UFC fight at White House

June 12, 2026
CNN WIRE — How Elon Musk set off two weeks of chaos across Washington

U.S. and world news for June 12

June 12, 2026
Increases set for NY minimum wage

CNN WIRE – -New data show costs for businesses on the rise; 6.5% wholesale inflation

June 11, 2026
U.S. and world news for June 11

U.S. and world news for June 11

June 11, 2026
No Result
View All Result

Latest News

PEHT nonprofit buys The Pantry
Business

PEHT nonprofit buys The Pantry

by Gary Larkin
June 13, 2026
0

The ownership of The Pantry in downtown Fairfield has changed hands. It is now a for-profit subsidiary...

CNN WIRE — Crews begin removing Trump’s name from Kennedy Center but then drapes go up

CNN WIRE — Crews begin removing Trump’s name from Kennedy Center but then drapes go up

June 13, 2026
U.S. and world news for Feb. 13

CNN WIRE — Trump loses; appeals court rules his name must come off Kennedy Center

June 12, 2026
Seven Greater Danbury nonprofits receive total of $38K in arts grants

Seven Greater Danbury nonprofits receive total of $38K in arts grants

June 12, 2026
CNN WIRE — Judge rejects bid to stop UFC fight at White House

CNN WIRE — Judge rejects bid to stop UFC fight at White House

June 12, 2026
Logo Westfair Business Journal

Latest News

PEHT nonprofit buys The Pantry

CNN WIRE — Crews begin removing Trump’s name from Kennedy Center but then drapes go up

CNN WIRE — Trump loses; appeals court rules his name must come off Kennedy Center

  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Use
  • Sign in

Trending Westchester

Subscribe to our newsletter

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.

No Result
View All Result
  • HOME
    • WESTCHESTER
    • FAIRFIELD
  • E-EDITIONS
    • Business Journal
    • 250 Years of Business & Commerce in America
    • Podcasts
  • MEMBERS
  • BUSINESS LISTS
  • INDUSTRIES
    • Economic Development
    • Real Estate
    • Hudson Valley
    • Courts
    • Banking & Finance
    • Construction
    • Economy
    • Education
    • Health Care
    • Food & Beverage
    • Government
    • Mergers & Acquisitions
    • Nonprofits
    • Retail
    • Technology
    • Home & Design
    • Health & Fitness
    • Travel
    • Lifestyle
  • SMALL BUSINESS
    • Small Business
    • Food & Restaurants
  • EVENTS
    • 2026 C-Suite Awards
    • 2026 Women Innovators
    • 2026 Millennial & Gen Z
    • 2026 Hispanic Innovators
    • Events Calendar
    • Past Events
      • 2026
      • 2025
      • 2024
      • 2023
      • 2022
      • 2021
  • GOOD THINGS
  • VIDEOS
    • Our Starting Lineup
    • News Videos
  • PARTNERS
  • ADVERTISE
  • SUBSCRIBE
    • NEWSLETTERS
    • DIGITAL ACCESS

© 2024 Westfair Business Publications. All rights reserved. Westfair Communications (Westfair), a privately held publishing firm based in Mount Kisco, N.Y., publishes the Westchester County Business Journal in New York state and the Fairfield County Business Journal in Connecticut.