Comments on: Catskills Casino Planned

By: willy wonka

willy wonka — Sat, 25 Oct 2008 18:30:37 +0000

That Building is built with the cheapest crap available. & the people who run GAFCO (THE BUILDERS) ARE NOT NICE PEOPLE, ESPECIALLY THE I.T. KAL HE KNOWS VERY LITTLE ABOUT HIS OWN OCCUPATION GET OTHERS TO FIGURE OUT HIS PROBLEMS AND WHEN THEY FIX THEM HE STEALS THE CREDIT FOR THEIR HARD WORK WORK. I HOPE SOME DAY MR. CAPELLI WAKES UP TO RELIZE WHAT FRAUD HE REALLY IS.

By: Ethan Edwards

Ethan Edwards — Tue, 12 Feb 2008 03:08:51 +0000

Good points about that White Plains set up, Consultant.

Reminds me of an old football story about Green Bay.

By: the consultant

the consultant — Mon, 11 Feb 2008 20:03:51 +0000

I really like louis capelli..smart guy, highly educated
good businessman…what I am having difficulty figuring
out is the white plains ritz project. two towers in
downtown white plains..units are going for 1000 a
square foot..floor to ceiling windows and contruction
beams in the middle of some of the living rooms..and the
price tag is in the millions. Now I understand the theory
behind the project, baby boomers sell their 5 million dollar
homes and buy a place in white plains and a place in florida. the problem is when you come down the elevator
into the great lobby your still in downtown white plains
its not like you can take a cab to carnegie hall…
so although I am hoping that the project is sucessful
for Louis’ sake, in this market, and with the smallish
size of the residences, I have my doubts as to who
would pony up that kind of money to live on main street

By: WaltTrombone

WaltTrombone — Mon, 11 Feb 2008 19:51:24 +0000

I think that Mike already knows that Lou Capelli is one of the Concord’s owners. While it is true that the convention center/hotel/condo project does have approvals, there are no approvals as of yet to build a new track at the Concord. Capelli needs for some form of big-time gambling to happen in the Catskills, whether at Monticello or at the Concord, otherwise his project will be a bust. It’s been sitting for about 10 years now, and he ain’t making any money from it. Anybody got an idea of how many tax breaks he’s gonna ask for?

By: Westchester Wisdom

Westchester Wisdom — Mon, 11 Feb 2008 19:45:04 +0000

Empire Resorts Inc… From their SEC filing:

DIRECTORS AND EXECUTIVE OFFICERS

Our directors and executive officers are as follows:

Name Age Position—— —- ————John Sharpe 64 Chairman of the Board(1)
David P. Hanlon 62 Chief Executive Officer, President and Director(2)
Paul A. deBary 60 Director(1)
Joseph E. Bernstein 57 Director(3)
Ralph J. Bernstein 48 Director(1)
Robert H. Friedman 53 Director(2)
Frank Catania 65 Director(3)
Ronald J. Radcliffe 63 Chief Financial Officer
Thomas W. Aro 63 Chief Operating Officer
Hilda Manuel 55 Senior V. P. for Native American Affairs and Chief

Compliance Officer

FROM THE CONCORD RESORT WEB SITE:

Mr. Louis R. Cappelli… heads Concord Associates, LP, a joint venture of Cappelli Enterprises and Reckson Strategic Venture Partners——————-

By: the consultant

the consultant — Mon, 11 Feb 2008 18:37:01 +0000

and who are the principles in this endeavor….that should
be an interesting discussion