Ellington Residential: 4Q Earnings Snapshot
OLD GREENWICH, Conn. (AP) _ Ellington Residential Mortgage REIT (EARN) on Monday reported a fourth-quarter loss of $10.1 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Old Greenwich, Connecticut-based company said it had a loss of 80 cents. Earnings, adjusted for non-recurring costs, were 32 cents per share.
The residential mortgage real estate investment trust posted revenue of $4.8 million in the period.
Ellington Residential: 3Q Earnings Snapshot
OLD GREENWICH, Conn. (AP) _ Ellington Residential Mortgage REIT (EARN) on Monday reported third-quarter net income of $946,000.
The Old Greenwich, Connecticut-based company said it had profit of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 32 cents per share.
The residential mortgage real estate investment trust posted revenue of $4.7 million in the period.
Connecticut man charged with wire fraud by grand jury
GREENWICH, Conn. (AP) — The U.S. Department of Justice says a Connecticut man has been detained in connection with an investment fraud scheme.
A federal grand jury returned an indictment for Leonid Pollak on multiple counts of wire fraud Sept. 12.
The agency says the 58-year-old Greenwich man was arrested Thursday and ordered detained.
Man pleads guilty in friend’s fatal overdose
STAMFORD, Conn. (AP) — A Connecticut man has pleaded guilty to providing his friend with a lethal dose of heroin.
The Stamford Advocate reports that 43-year-old Christopher Brokaw, of Stamford, entered his plea Thursday to manslaughter and narcotics sales.
Prosecutors say Brokaw gave heroin to a 34-year-old Greenwich man who was found dead from an overdose in July 2017.
Ellington Residential: 2Q Earnings Snapshot
OLD GREENWICH, Conn. (AP) _ Ellington Residential Mortgage REIT (EARN) on Thursday reported second-quarter net income of $1.8 million.
On a per-share basis, the Old Greenwich, Connecticut-based company said it had net income of 14 cents. Earnings, adjusted for non-recurring costs, were 36 cents per share.
The residential mortgage real estate investment trust posted revenue of $6.4 million in the period.
GREENWICH — A local woman struck by a car in Old Greenwich who was hospitalized in an intensive care unit is expected to be released from medical care in coming days.
The 59-year-old Greenwich woman was struck by a car on the evening of April 17 on Sound Beach Avenue. Authorities said this week that the woman had been making progress and was expected to be released.
According to police, no arrests were made following the incident off Arcadia Road, a busy section of town.
GREENWICH — Police are continuing their investigation into a pedestrian accident in Old Greenwich Tuesday evening.
Greenwich police sent out the following statement Wednesday morning:
A Greenwich woman is recovering after being struck by a car last night. The woman, a 59-year-old Greenwich Resident, was crossing Arcadia Road at its intersection with Sound Beach Avenue when a vehicle struck her, knocking her to the ground. She was transported by GEMS to a local hospital for treatment of injuries.
I feel like I’m living “under siege” is something I’ve been hearing from several folks in Old Greenwich recently. An unusual description indeed, since while there have been serious recent inconveniences with multiple construction projects, park renovations, pending retail shifts and other proposed projects both public and private, they hardly merit the Battle of Stalingrad hyperbole. So let’s take a look at what is going on in OG and figure out where to take a deep breath, where to focus your anger and what, if anything, people can control.
Out there … The Greenwich Water Club’s 10th Annual Boat Show took place last weekend on River Road in Cos Cob. The in-water show featured 100 new boats, sea trials and free admission as well as a spectacular VIP party on a chilly Saturday afternoon. What started between two cross-town dealers —Beacon Point Marine and Catalano & Sons — has grown over the last 10 years to include 18 dealers and sponsors. The VIP party offered delicious food prepared by chef Todd McGarvey, wine courtesy of Val’s Putnam Wines & Liquors in Greenwich and 10th anniversary cupcakes by DiMare Pastry Shop in Riverside. Michael Sexton and Ravi Mallela of Lamborghini Manhattan offered patrons a chance to sit inside two of the highest end Lamborghinis. Boating safety advocates Joe and Pam Fedorko of Old Greenwich, founders of the Emily Catherine Fedorko Foundation (emsway.org), gave out free seat preservers to patrons and full life preserver jackets kits to those who bought a boat from any of the dealers.
GREENWICH — Old Greenwich residents continue to voice concerns about the new roundabout proposed for Sound Beach Avenue as part of a project to replace the nearby bridge over Cider Mill Brook.
GREENWICH — For Old Greenwich residents dealing with “construction fatigue,” there will be another opportunity to discuss the proposed replacement of the Sound Beach Avenue roundabout at the Planning and Zoning Commission meeting Tuesday.
The project would renovate the roundabout — at the intersection of Sound Beach and Laddins Rock and Harding roads — by raising the elevation of Sound Beach and making roadway and safety improvements at Sound Beach and nearby Forest Avenue.
GREENWICH — Major work is slated to begin in Old Greenwich next month, as the drainage improvement project for the village resumes.
Large storm drain pipes are to be installed beneath Park Avenue and portions of Arcadia Road, Lockwood Avenue and Highview Avenue, according to the town Department of Public Works. The project is expected to take six to eight months to complete with the final restoration of the roads tentatively set for the fall, but weather and other complications could delay that.
GREENWICH — David Pastore, 39, of Grand Street, Greenwich, was charged with multiple criminal violations late last week, for alleged misconduct behind the wheel of a car on Sound Beach Avenue on the afternoon of February 15.
Pastore was charged with driving while intoxicated, speeding, reckless endangerment and engaging in a police pursuit. He was also cited with four traffic violations, including driving the wrong way down a one-way street.
There’s no shortage of pizza places along the Post Road between Greenwich’s Riverside and Cos Cob neighborhoods. But one, which has rebranded recently under new owners, is doing what it can to rise above the rest.
“My kids say it best — that it’s the best pizza they’ve ever tasted,” said Greenwich Pizzeria customer and Old Greenwich resident Joseph Weed.
GREENWICH — A $30,000 John Deere tractor was reported stolen from an office complex in the east end of town.
The management of the office building at 1700 East Putnam Avenue reported that the vehicle was taken sometime Friday or Saturday.
Vintage fun: Ephemera Fair in Old Greenwich spotlights era when paper still ruled
GREENWICH — Before the digital age, popular entertainment came in many sizes, shapes and formats.
And the 38th Ephemera Fair coming to Old Greenwich next weekend will showcase the advertisements, posters, documents, scripts, tickets and board games of a bygone era. These items, which were never meant to last beyond a generation, have become valuable antiques.
GREENWICH — Residents gathered at Town Hall Tuesday night to dispute another development in Old Greenwich they do not want.
But instead of coming to speak out against apartment complexes like they did last year, they told the Planning and Zoning Commission not to change the traffic roundabout on Sound Beach Avenue at Perrot Memorial Library.
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A decade after the project was conceived, renovations on several Old Greenwich commercial buildings are at last nearing completion.
Greenwich native John Nolan owns a handful of properties along Sound Beach Avenue and Acadia Road that house businesses including Alpen Pantry, Village Barbers and Wheelock. His family has owned the real estate portfolio since the 1920s, he said, and the buildings have been in need of a face lift for a long time.
GREENWICH — Police arrested an Old Greenwich man on drug charges Wednesday and seized 132 Xanax pills, according to authorities.
Christopher Romeo, 22, was served an arrest warrant at his residence on Midbrook Lane. Officer said they found a quantity of marijuana (less than four ounces) and THC, a component of marijuana in the vehicle in which Romeo was driving.
Officers said Xanax was found in the suspect’s home after it was searched, under the terms of a warrant.
Faithful volunteer at Old Greenwich’s Rummage Room moves on after nearly four decades
GREENWICH — If there was a Greenwich Hall of Fame for volunteering, Lea Menegon would likely enter it with unanimous approval.
She has volunteered faithfully at the Rummage Room in Old Greenwich, which donates all proceeds to charity, for 37 years. Even after she and her husband, Benito, moved to Branford several years ago, she continued her regular Tuesday shift at the store, making the long drive on I-95 every week.
GREENWICH — Music once again fills the air at First Congregational Church with the return of the Sunday Afternoons Live concert series.
This year’s second installment, Feb. 25, at 4 p.m., will feature internationally acclaimed pianist Andrew Armstrong who will perform a salon concert inside the church’s auditorium.
GREENWICH — Police said a car ran a red light and came close to hitting a marked police cruiser on East Putnam Avenue near the entrance ramp at I-95, exit 5, around 10:30 p.m. Friday.
The driver, Steven Hirsch, 64, of Ricki Beth Lane, Old Greenwich, was charged with driving while intoxicated. He was also given a ticket for failure to obey a traffic signal.
GREENWICH — A car that sped through the streets of Old Greenwich and Riverside early Tuesday morning — with police in hot pursuit — had been stolen from the Bradley International Airport outside Hartford.
GREENWICH — A motorist was arrested early Tuesday morning for allegedly driving a stolen car, leading police on a pursuit and crashing the vehicle into a residential property in Old Greenwich.
Mohamud Deria, 44, of Wooddale Drive, Unionville, is facing numerous criminal charges following the 3 a.m. police pursuit, which began when officers observed a “suspicious” vehicle driving down a dead-end street in Riverside, according to the arrest report.
GREENWICH — Some houses in Greenwich are firmly rooted in the past, while others are very much of the present moment.
Some also have a dual quality: maintaining roots in both the past and present. The house at 11 Ricki-Beth Lane is one of them. Built in 1896 as the caretaker’s house at the sprawling Croftleigh estate, the house has been given numerous makeovers to make it commensurate with a 21st-century lifestyle.
Metro-North is warning of delays of up to 30 minutes on the Danbury Branch Line between Danbury and Branchville due to speed restrictions.
Those speed restrictions were imposed to do signal issues, a Metro-North spokeswoman said.
Metro-North commuters also faced 15 to 20 minutes delays near Old Greenwich around noon due to mechanical difficulties—trains with flat spots related to slipslide.
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A Bridgeport man has been sentenced for his role in two schemes, including one using blank money orders stolen from the Old Greenwich post office.
On Tuesday, Bernard Harris, 33, was given a 30-month jail sentence by U.S. District Court Judge Janet Bond Arterton in New Haven.
When Isabel Ballesteros took over Old Greenwich sweet shop Darlene’s Heavenly Desires in 2014, she and her husband developed a three-year business plan for the store. With three years come and gone and three children to raise, Ballesteros readied to close Darlene’s late last year.
But prompted by some of the businesses’ loyal customers who didn’t want to go without their favorite treats, Darlene’s will live on with an online-only business model.
GREENWICH — The Annual New Year’s Day Polar Plunge benefiting Kids in Crisis was canceled this year when the thermometer dipped to 15 degrees at noon on Jan 1.
But that didn’t stop the people who showed up to jump into the 43-degree water at Tod’s Point in Old Greenwich anyway — about 30 of them.
GREENWICH — It was a tumultuous year in Greenwich.
Just about anywhere a news-consuming Greenwich resident looked, there were major stories breaking in 2017.
GREENWICH — Greenwich businesses have been getting into the spirit of the season for weeks.
The most festive have been honored by the Greenwich Chamber of Commerce for having the best holiday storefronts. They are: Albe Furs in Riverside, the Greenwich Hospital Auxiliary thrift store on Hamilton Avenue, Carriage House Motor Cars in downtown Greenwich, and a tie between Housewarmings and Back 40 Mercantile in Old Greenwich.
It’s not exactly Santa’s workshop, but an Old Greenwich business has taken on some of Father Christmas’ duties.
York Construction and Development owner Nick Barile, aka St. Nick, and his wife Jill Barile, are collecting children’s Santa letters outside their Sound Beach Avenue office in an oversized mailbox marked: “Santa’s Workshop, North Pole.”
GREENWICH — A Greenwich man has been charged with a felony count of assault, allegedly hitting another man with a beer bottle in the head at an Old Greenwich bar and restaurant.
Robert Woodbury Jr., 28, of Conyers Farm Road, turned himself into police headquarters late last week to answer an arrest warrant on charges of second-degree assault and breach of peace.
The first snowfall of the season decorated Greenwich’s trees and parks Saturday, and made for some slippery roads, but no major incidents were reported by the Greenwich Police Department as of Saturday evening.
A winter weather advisory for the region was in place until 4 a.m. Sunday. Total snow accumulations were expected to range from three to six inches
For almost eight years, Theresa Hatton led Greenwich’s residential real estate community as the executive vice president of the Greenwich Association of Realtors.
Beginning last month, Hatton took on a new challenge by pivoting to a different role within the real estate industry.
GREENWICH — Planning and Zoning officials have decided the public health and safety risks posed by a potential 60-unit apartment complex at 143 Sound Beach Ave. in Old Greenwich outweigh the need for affordable housing.
GREENWICH — Nancy Caplan, a longtime town volunteer and chairman of the Greenwich Board of Parks and Recreation, will be remembered in a memorial service Nov. 30 at noon at First Congregational Church in Old Greenwich.
Caplan, who lived in Old Greenwich, died on Oct. 28 at the age of 60 after a battle with cancer.
GREENWICH — Thanksgiving has taken on an extra significance for three Old Greenwich families this year thanks to some very special visitors.
In addition to their own families, Jenifer Howard, Cricket Jiranek and Joanne McKinney are welcoming Mussa Uwitonze, Jean Bizimana and Gadi Habumugisha, three survivors of the Rwandan genocide they have known since the men were children.
Mike Bocchino op-ed: Pedestrian safety issues at Old Greenwich station
As the fall season comes to an end and we once again say hello to the winter winds, I wish to continue to communicate ongoing efforts to keep my constituents in the 150th district as well as the entire town of Greenwich updated regarding the Old Greenwich train station rehabilitation project.
GREENWICH — A man was trapped under an automobile Saturday morning in Old Greenwich, but escaped with minor injuries.
Police, firefighters and medics responded to the Gables, a residential complex, after a woman accidentally ran over a man on the ground there.
Police said it was unclear why the man was in a prone position when the driver exited a garage and struck him.
GREENWICH — The Greenwich school community is mourning a teacher whose enthusiasm and energy motivated hundreds of young learners during his career.
Frank Gasparino, a fifth-grade teacher at Old Greenwich School, died Wednesday of heart failure.
A large memorial, packed with flowers and cards, was erected at the Old Greenwich School in his honor.
A parent at the school, Kendra Farn, said he made kids look forward to going to school.
App for 143 Sound Beach closed, still no compromises
GREENWICH — The application for a 60-unit building at 143 Sound Beach Ave. in Old Greenwich had its last hearing Thursday night before the Planning and Zoning Commission, and developers offered no compromises for concerned neighbors.
GREENWICH — The powerful nor’easter that hit Connecticut and the surrounding region on Sunday dumped four inches of rain on Greenwich and brought 60-mile-per-hour winds. But the town managed to avoid major power outages and severe damage like that seen elsewhere in the state.
“With that in mind, Greenwich came out relatively unscathed,” said Emergency Management Director Daniel Warzoha.
The property at 1371 E. Putnam Ave., where Old Greenwich’s Taco Bell restaurant resides, traded hands last week with a sale price of $1,662,000.
According to property records at Greenwich Town Hall, the seller was MUY Properties-NE Ltd. Muy Brands markets itself online as one of the largest private restaurant employers in the U.S. with more than 25,000 employees.
Superstorm Sandy eroded beach dunes and confidence
GREENWICH — Five years ago Sunday, Hurricane Sandy roared in from Long Island Sound, and the mark it left has yet to be erased.
GREENWICH — In delivering his annual state of the town address Friday, First Selectman Peter Tesei noted he was not just speaking as an office holder, but a fifth-generation resident of the town.
“We are a community of doers,” Tesei said. “We continue to look forward positively, optimistically and enthusiastically. Greenwich is a unique community that offers unlimited opportunities for those of us who live and do business here.”
GREENWICH — A fiery garage fire sent smoke over Old Greenwich early Monday, while causing no injuries.
Firefighters arrived at the 30 block of Rockmere Avenue to find the one-car garage in flames.
“It was a one-car, detached garage, it was fully involved on our arrival,” said Deputy Chief Tom Nixon.
Firefighters had the blaze under control after 20 minutes. The call came in at 11:57 and firefighters arrived at 12:01, according to the department. Three engines and a ladder truck were dispatched.