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The Business Journals - Week of December 26, 2022

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westfaironline.com December 26, 2022

Westfair’s 2022 Persons of the Year

Lucid Motors raises the EV stakes in Westchester-Fairfield BY GEORGETTE GOUVEIA ggouveia@westfairinc.com

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ucid Motors is a luxury electric vehicle (EV) manufacturer that doesn’t see Tesla as its competition. Rather the creator of the Lucid Air sedan — MotorTrend’s Car of the Year — looks to classic luxe car brands BMW and Mercedes-Benz, said Ryan Baxter, manager of the Lucid studio (showroom) in The Westchester in White Plains, which opened Dec. 17. And it is precisely because it is both a luxury brand and a sustainable vehicle that Baxter said The Westchester is the perfect place for its first studio in the WestchesterFairfield area. (There are 31 studios in the United States, including three in the tristate area — in Manhattan; Manhasset, Long Island; and Short Hills, New Jersey

— as well as four international locations in Geneva; Hilversum, the Netherlands; Munich; and Riyadh, Saudi Arabia.) “We think our base of customers is similar to those who live in (this) area,” Baxter added during a Westfair visit to the studio prior to its official opening. Those customers can be expected to pony up some big bucks for sleek, all-wheel steeds that combine hefty horsepower and long range per electric charge. The Lucid Air Pure, which begins at $87,400, has a projected 410-mile range per charge and up to 480 horsepower and can go from 0 to 60 miles per hour (MPH) in 3.8 seconds. The Lucid Air Touring, from $107,400, has a projected 425-mile range per charge and 620 horsepower and can go from 0 to 60 in 3.4 seconds. The Lucid Air Grand Touring, from $138,000, has up to 516

LUCID MOTORS

Phall@westfairinc.com

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n 2007, Building & Land Technology (BLT) acquired waterfront property in Stamford from the now-defunct Antares Investment Partners of Greenwich. Fast-forward 15 years and Harbor Point is one of the jewels of Fairfield County’s real estate scene, offering an 8.4 million-square-foot mix of multifamily housing, office space and retail units that changed Stamford for the better and reanimated the shoreline economy. Beyond Harbor Point, BLT is an active participant elsewhere in Stamford and to the east in Norwalk; the company’s

John Ciulla

Janet Giris

Dr. Edward C. Halperin

Brad Jacobs

Arvind Krishna

Paul Levesque

Keith McCullough

Dr. Joseph Rosa

Mike Spano

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EXCLUSIVE: BLT’s Ted Ferrarone looks back at the peaks and challenges of 2022 BY PHIL HALL

Dr. Seamus Carey

tri-state presence also expands to Jersey City, New Jersey. In an exclusive interview with the Business Journals, BLT Co-President Ted Ferrarone looked back on the company’s peaks and challenges during 2022 while offering a preview of what 2023 could offer. As we reach the end of the year and look back at the last 12 months, what do you see as BLT’s greatest achievements? Ferrarone: From a development standpoint in 2022, we brought online the second tower for Charter Communications and we opened up Anthem, which is the last apartment building that is part of the original Harbor Point master plan.

TED FERRARONE

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