Hartford Business Journal

www.HartfordBusiness.com June 9, 2014 • Hartford Business Journal BC17 Employee Benefits | Retirement Plans | Wealth Management What's your target? Today's average retirement age is 61. * Now is the time to make sure you will hit your investment goals. Work with us to move your plan within reach. 207 Pitkin Street, East Hartford, CT 860.882.1112 info@constitutionag.com www.constitutionag.com Securities and Advisory services offered through Registered Representatives of Lincoln Financial Securities Corporation, Member SIPC Constitution Advisory Group and Lincoln Financial Securities Corporation are not affiliated. LFS-873434-030614 * Source: Gallup Poll, April 2013. 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 Presented by: Presenting Sponsor: Event Sponsors: A Special Supplement Of SPECIAL SECTION PGs. BC1–BC24 AwArdinG Achievements of the reGion's PrivAtely held comPAnies S p r i n g 2 0 1 4 Keeping it Burning Connecticut tries to keep trash-to-energy viable as industry faces crisis the Cost Burden of natural gas GREEN WARRIOR the $20M Woman ECOmpANy Bridgeport's Santa GreenGuide C o n n e C t i C u t A s u p p l e m e n t o f

• Cover