Valhalla, NY (2006-01-12) Cappelli Enterprises, Inc., one of the area's leading development companies, has recently appointed Peter Palazzo of Yorktown as President of the George A. Fuller Construction Company, a Cappelli subsidiary.

Mr. Palazzo has more than 18 years of experience in the construction industry. Prior to joining Cappelli, he was Vice President, Project Executive with HRH Construction in New York City for the past six years, and a Project Manager with HRH since 1989. He has been involved with projects from the pre-construction and design phases, through project closeout. Some of the development projects he has managed over the years include:

- Riverside South Building A, New York City, a 170-unit curved precast faade building offering studio to five bedroom apartments, ultra luxury living overlooking Riverside Park and the Hudson River.

- Residences at Jefferson Place, White Plains, a 270,000-square-foot, 285-unit luxury residential complex.

- City Center, White Plains, a $300 million, 540,000-square-foot retail/ entertainment/residential complex.

- Bank Street Commons, White Plains, a 720,000-square-foot residential complex with two 20-story apartment buildings.

- Stone Gate at Bellefair, Rye Brook, NY, a 166-unit luxury active senior residence.

- The Grand Beekman, New York City, a 33-story high-end luxury residential building with 89 units.

- Hotel Giraffe, New York City, a 12-story, 72-room boutique hotel on Park Avenue.

- Trump International Hotel and Tower, New York City, conversion of the existing 45-story Gulf & Western building into one of the nation's premier luxury hotel and condominium residences.

Mr. Palazzo holds an M.S. in Construction Engineering from Columbia University and a B.S. in Construction Engineering from Manhattan College, both located in New York City. He is also a licensed Site Safety Manager.

Cappelli Enterprises Inc. is a leading real estate developer and general contractor in the Northeast. Headquartered in Valhalla, NY, the company has built more than 10 million square feet of mixed use, retail, waterfront, residential, office building, and laboratory and parking facilities.