WPCNR MAIN STREET JOURNAL. By John F. Bailey. May 14, 2004: An ebullient Louis Cappelli with irrepressible excitement in his voice,  took time out from a meeting moments ago to talk about the new Trump Tower at City Center partnership with his friend Donald Trump. Mr. Cappelli said the first floor of White Plains Trump Tower will be given over to upscale retail establishments to bring White Plains to a new level for the discriminating consumer. Mr. Cappelli said actual names of potential upscale retailers had not been considered yet.

DRIVEN SUPER DEVELOPER: Louis Cappelli, left, shown last month with his attorney Mark Weingarten. Photo From WPCNR News Archive.

Mr. Cappelli said Mr. Trump and he had not yet discussed further collaboration in White Plains perhaps at the Cappelli Hotel and Condominiums on the brink of approval by the Common Council. Cappelli said, "Not yet."

Asked if design for the Trump Tower was now complete, he said he and Mr. Trump were satisfied with it, that it was "done."

WPCNR asked Mr. Cappelli what affect Mr. Trump's name would have on the rest of downtown real estate adjacent the City Center, would it double? Mr. Cappelli said "That's what Donald says."

Mr. Cappelli said the CitizeNetReporter had been on the mark in January when WPCNR had speculated the two developers had been considering how Mr. Trump might participate in Mr. Cappelli's projects. "We've been talking about it for some time," Cappelli said, and no one event triggered the deal.

Asked if any floors of the City Center might feature retail of a different market appeal, Mr. Cappelli said the City Center was completely leased and all the leases were twenty-year leases.

WPCNR asked if Mr. Trump might participate in the reported less than successful White Plains Performing Arts Center, which is seeking funding for its programming for  the fall, (a fall schedule for the theatre has not been released),  Mr. Cappelli said he had not discussed that with Mr. Trump. Mr. Cappelli said he, Mr. Cappelli, and Tom Hales, Chairman of Union States Bank, were forming a Finance Committee to arrange a way of bringing more solid financial endowment to the White Plains Performing Arts Center.

TRUMP TOWER AT CITY CENTER. Photo From Cappelli Enterprises.