Hartford Business Journal

www.HartfordBusiness.com January5,2015•Hartford Business Journal 19 22-Dec ECONOMICS Land area (sq. miles) 26 Business profile (2013) Pop./sq. mile (2011) 787 Sector Units Median age (2011) 47 Construction 79 863 Households (2011) 8,505 Manufacturing 77 3,682 Median HH Inc. (2011) $71,579 Retail Trade 68 916 46 5,847 Population (2012) Health Care and Social Assistance 109 2,162 2000 19,587 Total Government 18 801 2010 20,334 Local/Municipal Government 12 712 2012 20,470 2020 21,084 LABOR FORCE Commuters (2011) Race/Ethnicity (2012) Commuters into town from: White 7,871 Hartford 1,854 697 Black 11,276 Bloomfield 1,117 642 Asian Pacific 287 West Hartford 905 553 Native American 50 Town % State % Windsor 887 450 Other/Multi-race 986 3,882 26% 28% East Hartford 728 Hispanic 902 1,006 7% 7% 5,584 37% 36% Labor Force (Residence) 9,981 HOUSING 9,067 Housing stock (2012) GOVERNMENT 914 Existing units (total) 9,030 9.2% % single unit 71.4% New permits auth. (2012) 25 Place of Work (2013) as % existing units 0.28% 822 Demolitions (2012) 3 19,046 Residential sales (2011) 143 3,682 Median price $197,000 TOP 5 GRAND LIST Top 5 Employers Company Amount % of Net $84.8M 2.3% $43.8M 1.3% MetLife $43.2M 1.2% $33.3M 0.6% $30.3M 0.6% Bachelor's or more Equalized net grand list (2010) Jacobs Vehicle Systems Inc as % of state average 94% Kamatics Corp per capita $136,142 Kaman Aerospace Corp $3,239 Council-Manager $79,905,303 Duncaster Inc Amcap Copaco LLC CT General Life Insurance Co Connecticut Light and Power $3,107 $2,786,819,016 6.9% $5,486,120 137.7% Employed Unemployed 79.6% Government form as % of expenditures Unemployment Rate # of units Total Employment Manufacturing Employment Total revenue (2012) Per capita tax (2012) $63,591,061 Total indebtedness (2012) Total expenditures (2012) as % of state average $80,049,238 Finance and Insurance South Windsor Simsbury Manchester Enfield Employment Home Goods Distribution Ctr Cigna Corp Bloomfield 800 Bloomfield Avenue Bloomfield, CT 06002 (860) 769-3500 Annual debt service (2012) as % of expenditures as % of state average per capita Educational attainment (2012) Persons age 25 or older High school graduate Associate's Degree 125.5% BloomfielD Town Hall: 800 Bloomfield Avenue Bloomfield, CT 06002 (860) 769-3500 ToWN PRofile Source: Connecticut Economic Resource Center, www.cerc.com Many local companies are happy they did. That's because they recognized the benefits of working with an established company for every phase of construction, including design/build expertise. As your local Butler Builder ® , we offer a full-range of systems construction capabilities that combine efficiency, functionality, and virtually endless design possibilities. Give us a call today, and put us to work on your project. Contact us at 1-855-BUILD-86 or visit us on the web. experience. Build on our ©2011 BlueScope Buildings North America, Inc. All rights reserved. Butler Manufacturing™ is a division of BlueScope Buildings North America, Inc. www.borghesibuilding.com 2155 East Main Street • Torrington, Connecticut 06790 Subscribe You'll find it in print • Need to grow your busiNess? • research your competitioN? • FiNd hartFord's latest busiNess News aNd ecoNomic treNds? To subscribe call 845-267-3008 or go to www.HartfordBusiness.com Subscribe today and get access to the information that Central Connecticut business people and decision makers use every day. it's in print G r e at e r H a r t f o r d ' s B u s i n e s s n e w s w w w. H a r t f o rd B u s i n e s s . c o m for more B2B news visit March 31, 2014 Volume 22, number 19 $3.00 subscribe online June 5, 2014 Only 10 weeks until C T B E x p o . c o m Index ■ Reporter's Notebook: PG. 5 ■ Week in Review: PG. 6 ■ The List: PG. 10 ■ Deal Watch: PG. 11 ■ Nonprofit Notebook: PG. 19 ■ Opinion & Commentary: PG. 20 Faces oF Business Main Street Mainstay Manchester's Bray Jewelers has survived for almost 100 years. Read about the family business' secrets to success and what makes customers keep coming back. PG. 3 Focus: economic DeveloPment Social Entrepreneurship Hartford business accelerator aims to nurture socially conscious businesses. PG. 8 Music copyright lawsuits cost restaurants unexpected thousands By Matt Pilon mpilon@HartfordBusiness.com A few years ago, nine songs were played inside Shelton's Vazzy's Cucina restaurant that ended up costing owners John Vazzano and Vincent L. Noce $18,000. That's because an agent of licensing giant Broadcast Music Inc., which represents the artists who owned the tracks, attested to being present when the tunes were played and sued Vazzano and Noce for copyright infringement, claiming the restaurant's music qualified as a public per- formance. Under federal copyright law, that meant the restaurant had to pay for the rights to play the songs, BMI said. Vazzano said he thinks a private party actually played the tunes. Broadcast Music Inc. • Founded in 1939 • Represents more than 600,000 songwriters and publishers with more than 8.5 million songs. • Distributed 85 cents of every dollar in licensing revenue in royalties — that amounted to $814 million in fiscal 2013. By Gregory Seay gseay@HartfordBusiness.com B y late May, the Corporation For Independent Living (CIL) expects to have in its hands title to the derelict Capewell Horse- nails factory in Hartford's South End in a bid to convert the idle eyesore into 72 apartments and an adjacent parcel into 24 affordable townhomes. If it does, it will open another fruit- ful chapter for a South End nonprofit that has leveraged — and exported — its talent as a group-home developer to shelter a diverse swath of central Connecticut's population. It, too, will be one of the final swan songs before the yearend retirement of its first and only chief executive. Since its launch in 1979 to finance, build, lease out — then ultimately give away — supportive shelter for thou- sands of the state's physically and mentally disabled, CIL has invested $458 million to construct or convert 2,205 dwelling units into shelter for 7,200 residents in Connecticut and Massachusetts. For at least a dozen years, CIL has applied that same skill set to its expand- ing for-profit realty development opera- tions that include Capewell, and a neigh- boring nonprofit-office-space cluster. In February, CIL announced it bought and will resume work on the $3.34 mil- lion Depot Crossing mixed-use project John Vazzano, owner of Vazzy's Cucina in Shelton, was upset when his restaurant had to pay $18,000 to settle a music copyright lawsuit. P h o t o | P a b l o R o b l e s Continued on page 16 Continued on page 15 Martin "Marty'' Legault, president and CEO, Corporation For Independent Living (CIL) With Legault, developer CIL soars as landlord Sued for a ong

• Cover