Cappelli in Deal to Buy Kutsher’s

It came somewhat as a surprise last week that Westchester developer Louis Cappelli, who already owns the shuttered Concord and Grossinger’s resort, entered into a deal to add Kutsher’s to his stable to once-glamorous Catskills nameplates. The Times Herald Record reported (click here for article) that Cappelli has agreed to pay $35 million for the…