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Friday, October 10, 2008

The Dirt on the Concord

- 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]