Vox Populi: The O'Shaughnessy Files

By William O’Shaughnessy | Go to book overview

LOUIS CAPPELLI AT THE JACEE
LYNN CAPPELLI DIABETES CENTER
OF SOUND SHORE MEDICAL CENTER

Louis Cappelli came out of Yonkers, New York, and
changed the skyline of several Westchester cities. This
conversation with the mega-developer took place on
November 13, 2007, at the dedication of a diabetes center
named for his niece.

WILLIAM O’SHAUGHNESSY (W.O.): Louis Cappelli, you’re successful, in every telling and by every account, as a developer. You could get a lot done and still be as successful as you are, without putting all this money back.

LOUIS CAPPELLI (L.C.): Well, I think maybe I’m superstitious, first of all, and second, I do believe that if you make money—and it’s a privilege to make money—you have to give money. And in New Rochelle, White Plains, and other places where we are successful, I think it’s incumbent on every developer and successful businessman also to give back to the community in one fashion or another. It makes you feel good. I think it makes God feel good. It makes us all feel good. And I think you do better, and I think the people you give the money to, and the ones you help, do better. Everybody gets a benefit from a successful development in a community, and all of us benefit. And then all of us are winners, and I think that’s really good.

W.O.: Well, what I’m trying to say, Louis Cappelli, is that you don’t have to do this….

L.C.: Oh, but I do. I feel like I do. I feel like it’s my obligation, to my family in this instance, particularly. But I have an obligation anyway. I do think that I and other successful businessmen have an absolute obligation to give back to the communities because what else are we doing it for?

W.O.: You mention God. Usually rich, successful businessmen, megadevelopers, don’t mention the Almighty. Are you pretty religious?

-174-

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