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Ratings agencies and capital markets “will penalize the city if it is seen as not taking seriously the looming payment default on the City Center bonds,” Steven J. Berkowitz, president and CEO of ACA Financial Guaranty Corp., states in a letter to Mayor Thomas Roach.
Cappelli said that he did not receive a default notice and that he suspects that remote working and decreased staffing as a result of the Covid-19 crisis explain why.
White Plains Plaza Realty Inc. “failed to prove by clear and convincing evidence that Mr. Cappelli or Cappelli Enterprises actually intended to hinder, delay or defraud any creditors.”
Friends of Wickers Creek want a court order to allow “public access to wild, undeveloped and archaeologically significant lands” owned by the condo association.
After years of sitting vacant at the corner of Renaissance Square and Main Street in White Plains, an architecturally unique building developed by Louis Cappelli of Cappelli Enterprises finally has its first tenant.
Developer Martin Ginsburg and Ginsburg Development Cos. on June 23 unveiled a $65 million mixed-use luxury rental apartment complex on the Ossining waterfront, a...
While the Trump Parc Stamford has not enjoyed the success predicted by developers prior to the recession, numerous indicators suggest the environment for luxury home sales in Fairfield County improved significantly from 2011 to 2012.