March of Dimes 34th Annual Real Estate Awards Breakfast Raises $1 Million

Real Estate In-Depth | November 15, 2021

Photo caption: From left, Kylie Cappelli; Louis Cappelli; News 12 Anchor/Reporter Tara Rosenblum; Rella Fogliano; March of Dimes Development Director Annette Trotta and Patricia Valenti of Newmark who co-chaired the breakfast event.

WHITE PLAINS—The March of Dimes Greater NY Market held the 34th Annual Real Estate Awards Breakfast on Nov. 4th at the Opus Westchester in White Plains. The event shattered its fundraising goal, raising more than $1 million to support the March of Dimes’ mission to improve the health of moms and babies.

Two visionary commercial real estate industry leaders were honored. Rella Fogliano, President & CEO of MacQuesten Development, LLC, received the coveted March of Dimes Real Estate Award and Louis R. Cappelli, Founder and Managing Member of the Cappelli Organization, received the Martin S. Berger Award for Lifetime Achievement.

The March of Dimes Real Estate Awards Breakfast was hosted by News 12 Networks’ Emmy Award-winning Anchor/Reporter Tara Rosenblum.

Joe Apicella, Managing Director of MacQuesten Development, presented the March of Dimes Real Estate Award to Rella Fogliano. The introduction included highlighting the transformational developments of Rella and MacQuesten in Mount Vernon, that have re-imagined the landscape of the city. Fogliano was coined “the George Baily of Westchester” at the event.

Joe Simone, President of Simone Development Companies, presented the Martin S. Berger Award for Lifetime Achievement to Louis R. Cappelli. His introduction included a tribute in pictures and music to his exceptional career, which includes extensive re-designs of Downtown White Plains, New Rochelle and beyond. Cappelli’s  fingerprint has raised the bar on real estate development. His vision is “investing in tomorrow,” and building brighter futures for our communities.

Fogliano and Cappelli presented a $1-million check to the March of Dimes. Patricia Valenti, Executive Managing Director for NEWMARK and March of Dimes Real Estate Awards Breakfast Chair along with Mark Weingarten, Partner at Del Bello Donnellan Weingarten Wise and Wiederkehr and March of Dimes Fund the Mission Chair, and Annette Trotta-Flynn, March of Dimes Development Director, accepted the record-breaking check.