Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Connecticut
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-24-2009, 03:45 AM
 
Location: New England
8,155 posts, read 21,008,811 times
Reputation: 3338

Advertisements

Quote:
Originally Posted by Stratford, Ct. Resident View Post
Westfair Online - Starwood confirms move to Stamford (http://www.westfaironline.com/fairfield-county-business-journal/article/5774-starwood-confirms-move-to-stamford.html - broken link)
“I am thrilled to see a company of Starwood’s stature make the business decision to move here and invest here,” Rell said, in a prepared statement. “It is a triumph for Connecticut – and it speaks volumes about what our state has to offer businesses.”
Yea it speaks volumes alright. We are so desperate, we'll pay your rent - please move here.

I wonder what Pratt and Whitney "speaks" then when they are moving thousands of jobs out AND suing the AG. (LOL Glad to see Bloomers get some mud thrown back in his face for a change)

Starwood is set to receive up to $75 million in tax credits and a $9.5 million loan from the Connecticut Dept, of Economic and Community Development, as well as an additional $5 million in sales tax exemptions on building materials if approved by the Connecticut Development Authority.


All while we run a HUGE deficit in our state budget. Awesome. That's like being in foreclosure on your house and going out and purchasing a big plasma flat screen to impress your neighbors. Sigh...

“After an extensive search for new office space for our worldwide headquarters, it became clear that this particular space in Stamford was an ideal choice,” said Frits van Paasschen, CEO of Starwood and a resident of Greenwich, in a statement. “Not only did the state of Connecticut provide meaningful incentives that translate to a savings of 20 percent per year in rent, but we will also have the opportunity to design office space that reflects Starwood’s leadership in global hospitality, design and brand-building, as well as our commitment to the environment and our communities.”
Glad to help Fritz...glad to help. Anything to help your "poor" multi-billion dollar company save a buck or two.

Starwood is one of my customers - Sheraton East Hartford, but I'm still appalled.

Then again, it's no different then big daddy government handing out billions to other companies.

Reply With Quote Quick reply to this message

 
Old 12-12-2009, 06:43 PM
 
8,777 posts, read 19,865,844 times
Reputation: 5291
Quote:
Originally Posted by Stratford, Ct. Resident View Post
Westfair Online - Starwood confirms move to Stamford (http://www.westfaironline.com/fairfield-county-business-journal/article/5774-starwood-confirms-move-to-stamford.html - broken link)
........or maybe not?

"Nearly three weeks after Gov. M. Jodi Rell announced Starwood Hotels & Resorts Worldwide Inc. would accept nearly $100 million in incentives to relocate its headquarters to Stamford from White Plains, N.Y., Starwood had yet to issue its own press release or notice to investors of plans to relocate."

Westfair Online - Could New York still woo Starwood? (http://www.westfaironline.com/fairfield-county-business-journal/article/6333-could-new-york-still-woo-starwood.html - broken link)
Reply With Quote Quick reply to this message
 
Old 12-13-2009, 06:46 AM
 
Location: Brooklyn, NY
10,068 posts, read 14,449,392 times
Reputation: 11256
Quote:
Originally Posted by Stratford, Ct. Resident View Post
........or maybe not?

"Nearly three weeks after Gov. M. Jodi Rell announced Starwood Hotels & Resorts Worldwide Inc. would accept nearly $100 million in incentives to relocate its headquarters to Stamford from White Plains, N.Y., Starwood had yet to issue its own press release or notice to investors of plans to relocate."

Westfair Online - Could New York still woo Starwood? (http://www.westfaironline.com/fairfield-county-business-journal/article/6333-could-new-york-still-woo-starwood.html - broken link)
After reading that article, I think it seems clear that all the paperwork still has not been completely signed for Starwood to make an announcement. I don't read that as them getting "cold feet" or reconsidering at all.

That would be a tough pill for both sides to swallow--going back on the deal.
Reply With Quote Quick reply to this message
 
Old 12-13-2009, 07:23 PM
 
Location: Connecticut
34,939 posts, read 56,958,583 times
Reputation: 11229
Quote:
Originally Posted by Stratford, Ct. Resident View Post
........or maybe not?

"Nearly three weeks after Gov. M. Jodi Rell announced Starwood Hotels & Resorts Worldwide Inc. would accept nearly $100 million in incentives to relocate its headquarters to Stamford from White Plains, N.Y., Starwood had yet to issue its own press release or notice to investors of plans to relocate."

Westfair Online - Could New York still woo Starwood? (http://www.westfaironline.com/fairfield-county-business-journal/article/6333-could-new-york-still-woo-starwood.html - broken link)
Can anyone say "New England Patriots"???
Reply With Quote Quick reply to this message
 
Old 12-13-2009, 07:26 PM
 
21,621 posts, read 31,215,012 times
Reputation: 9776
Quote:
Originally Posted by JayCT View Post
Can anyone say "New England Patriots"???
I'm certainly glad they stayed in MA.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Connecticut
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top