- Developer Louis Cappelli insists that he will have the sufficient financing to keep his new racetrack/racino/entertainment project at the old Concord alive. A dubious claim at best at this stage.
But if the money can't stop him now, some plain old-fashioned dirt has.
Developer Louis Cappelli has temporarily stopped work at the old Concord Hotel while he obtains a permit to move dirt and change the elevation of the construction site, said Tim McCausland, CEO of the Sullivan County Partnership for Economic Development.
To move the dirt, Cappelli needs a permit from the state Department of Environmental Conservation that could take weeks to secure. [Record Online]