Thursday, February 9, 2017

Lillian Engel ’19 and Azzurra Catucci ’18 received $15,000 to produce a 35-second film that illustrates the emotions of the moviegoing experience...

Action! Elon students film Coca-Cola and Regal Films contest entry on-site in Virginia

Lillian Engel ’19 and Azzurra Catucci ’18 received $15,000 to produce a 35-second film that illustrates the emotions of the moviegoing experience.

Two weeks ago a team of Elon cinema and television arts majors trekked to Lynchburg, Virginia, to shoot footage for its entry in the 2017 Coca-Cola and Regal Films program, a contest for up-and-coming filmmakers that attracted submissions from the country’s top film schools.
Sophomore Lillian Engel (second from left) stands with the characters she developed for the 2017 Coca-Cola and Regal Films program, which provided Engel and junior Azzurra Catucci $15,000 to produce a 35-second film. The film's script depicts movie poster characters that come to life seeking to quench their thirst. Photos courtesy of Engel
A crew of 13 Elon students and seven professionals helped produce footage for a 35-second film that captures the excitement of the moviegoing experience, bringing to life a script written by Lillian Engel ’19. The production schedule included a long shoot on Jan. 28 – both on location at a farm in North Carolina and McEwen’s Virtual Studio – followed by an overnight shoot the next day at Lynchburg’s Regal River Ridge Stadium 14 theater beginning at 9 p.m. To see photos from the shoots, visit the School of Communications’ Flickr page.
“With the fast-paced schedule the competition demanded, having only two days to shoot at three different locations was really ambitious,” said Engel. “We were up early in the morning and wouldn’t wrap until really late. The overnight shoot was the hardest part, but there was so much energy that it hardly seemed to matter.”

Competing against the best

Engel teamed up with fellow cinema and television arts major Azzurra Catucci ’18 to submit her concept for the Coca-Cola and Regal Films program last fall. Despite competing against more than a hundred submissions, the students were named one of five finalists and received $15,000 to produce their entry. Other finalists hail from the American Film Institute, Chapman University, New York University and UCLA.
As part of the contest, Coca-Cola and Regal Films invited Elon to a two-day filmmaker kickoff event at Coca-Cola Headquarters in Atlanta. Pictured are (front, from right) Azzurra Catucci ’18, Rebekah Richin ’17, (back) Greg Grantham ’97 and Assistant Professor Youssef Osman. As luck would have it, Grantham serves as a creative director at CSE, the contest’s marketing agency. Osman said Grantham didn’t hide his delight at seeing his alma mater in the competition.
​The winning film entry, chosen by a panel of entertainment industry experts, will be announced at the CinemaCon conference in March. The film will then debut in Regal Cinemas nationwide later this spring. Additionally, the winning team will receive a RED Scarlet – W RED Dragon® camera package and its university will receive a RED RED EPIC-X 6K camera package.
So what’s Engel’s concept? Boiled down, the script features movie poster characters that come to life seeking to quench their thirst with a soft drink. The main character is a cowboy, accompanied by a nearby astronaut and female pirate.
Engel explained the script’s inspiration came from her own experiences at the movies as a child. “When I was younger, seeing a movie in the theaters was like going on an adventure, so I wanted to write something that brought the adventures you see on screen into reality,” said the Communications Fellow. “I came up with a bunch of generic but classic characters and narrowed it down from there.”
Engel initially submitted her script idea for the 2016 Coca-Cola and Regal Films contest, in which Elon alumnus Eric Hernandez ’16 competed, finishing in the top three. According to Assistant Professor Youssef Osman, the presenting sponsors were enthralled by Engel’s idea, and when she submitted again for 2017 contest she was selected as a finalist.
“They really did love Lillian’s idea, but asked her to work on it a bit, unpacking the concept and some of the details,” said Osman, who has mentored Engel and her contributors. “They made it clear they really wanted her to submit it to the next competition.”
Osman said the judges had some initial trepidation over the concept’s technical challenges, but Engel won them over thanks to a filmed mockup she created with Andrew Steinitz ’17. With a little movie magic, poster characters can in fact become real.
Matt Simmons ’19 and Engel prepare for filming on set at a North Carolina farm.
​“I was thrilled they saw enough potential in my idea to suggest I try again the second time around,” Engel said. “They had recommended I go back to school and build a strong team of students, and once I did that I think they saw how prepared we were to work with them and how committed we were to such a big project.”
Engel and Catucci succeeded in building a formidable team, aligning the project’s roles with each team member’s skill set. With Engel serving as editor and Catucci as production designer, the duo enlisted Steinitz as the project’s director and Rebekah Richin ’17 as producer.
While these are the core four members of the project, Engel acknowledged the significant contributions of other Elon students and friends. This list includes alumnus Peyton Lea '10, a Charlotte-based cinematographer, who served as the project’s director of photography. Several professional actors and actresses, many traveling from Atlanta and as far as Tampa, also joined the mix.
“My team is so much larger than just us,” Engel said. “It is such an impressive group. And I think it helps that a lot of us have worked together in the past, so we know what our combined strengths and weaknesses are, and that everyone is passionate about what we’re doing. We love what we do.”

Project preparation

In preparation for filming and the weeks of post-production that will follow, Catucci, Richin and Osman attended a two-day filmmaker kickoff event at Coca-Cola Headquarters in Atlanta. During the early January event, the contest’s five teams gathered for workshops with Coca-Cola and Regal executives; CSE, the project’s marketing agency; legal experts and RED camera staff.
Andrew Steinitz ’17 (red shirt), the project’s director, works with actors at the Regal River Ridge Stadium 14 theater in Lynchburg, Virginia.
​While on Coca-Cola’s campus, the Elon trio was educated about the importance of branding, color and product placement, as well as legal matters such as trademarks and copyrights. Richin welcomed the insight, calling the kickoff “absolutely key in preparing us for working with the Coca-Cola and Regal Entertainment Group brands.”
While developing a script, managing the creative process, and overseeing the casting and production have at moments been tedious – and certainly time consuming – Engel and Richin have enjoyed the project’s progress and look forward to its post-production cycle.
“This past month has been one of the biggest learning experiences of my life, and I will be able to take the skills that I have learned during this project with me into all future endeavors,” said Richin.
Added Engel, “Production went really well, everyone was really focused and professional on set, which helped get through each location on time. For me, it was the most unbelievable thing to see the script come to life in front of us. Everyone did such a good job and it’s going to come out really well when we’re done.”

An ‘ambitious endeavor’

A person might wonder why the need to travel and shoot in Lynchburg? The students scouted several Regal theaters looking for the right location, specifically a facility with a marquee that fit their concept. There were two suitable locations within driving distance that fit the bill: Lynchburg and Charlotte. But the latter’s location is under renovation.
Elon alumnus Peyton Lea '10 (right), a Charlotte-based cinematographer, preps for filming on Jan. 28 as Simmons (center) and Steinitz look on. Lea served as the project’s director of photography.
​Nevertheless, with filming now behind them, the students know that ultimately they won’t be judged on the appearance of a marquee, but how their script jumps from paper to the screen. 
“Our film is very production-design heavy, so the success of it largely depends on how realistic we are able to make our characters seem, and the worlds that they live in,” Richin said.  
“It is a challenging technical concept,” added Osman. “But I give the students credit because it is an ambitious endeavor. They have worked and continue to work hard to bring it to together.”
Tommy Kopetskie,
Staff
2/8/2017 9:20 AM












I am so proud of Lillian Engel, winner of the Coca-Cola and Regal Films contest. These photos of Lillian and her team making the award-winning commercial were taken during the production of the commercial and are found at:


Coca-Cola and Regal Films program - 2017
As part of the 2017 Coca-Cola and Regal Films program, Lillian Engel ’19 and Azzurra Catucci ’18 received $15,000 to produce a 35-second film that illustrates the emotions of the movie-going experience. In late January, Engel, Catucci and a crew of 13 Elon students and seven professionals filmed footage for the film. Photos courtesy of Engel.
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New Canaan Market Rebounding in 2017...

First, notice how few listings there are at the end of January 2017. At the end of January we were down to a more reasonable 203 houses on the market, (still a bit higher than the 187 that sold during all of 2016) but down from the 225 exactly one year ago.


The absorption rate is at 12-13 months, up from 10-11 months a year ago. We can attribute this to a slow start in sales to 2017, despite all the positive momentum realtors seem to be feeling and reporting. That's right, we only had 19 sales in the month of January, up from 16 in January 2016 so it is too early to say we are in a recovery. Also, it is worth noting that those 19 sales were sold at the median price of $1.4 million which represents a 28% drop from the median price a year ago.


Days on market is dropping, however, and that is always a welcome trend. That tells us that the gap between buyer and seller expectation is narrowing. Either sellers are getting more realistic about pricing their houses or buyers are responding to the thinner inventory and coming up to meet them. Sold to list price ratio is holding steady at a fairly typical 94% which means the market is returning to a more balanced state.




Monday, October 24, 2016

The Wilton Market Report, October 19, 2016

One of the subscribers to the New Canaan Market Report for October asked for a Wilton report.

There is no such thing. So, I am going to write one right here, right now. First, here is a chart of the amount of inventory in Wilton over the last five years. With the exception of spikes in the beginning of 2012 and again in 2016 it would appear we are at more normal levels of 9-15 months of inventory.


Next, we look at the number of Sales and the Dollar Volume of Sales. They should track along together and for the most part they do. The fact that the Dollar Volume is lagging the Number of Sales this year tells me that the volume of lower priced homes has accounted for most of the activity in 2016.


















I think Wilton represents great value in comparison to New Canaan, Westport, Darien and Greenwich. If you assume the schools are equal the difference in price should correspond to the higher taxes and longer commute to New York City. Historically that has accounted for a 40% (or less) difference in values. However, currently the Wilton market is selling at a 45% discount to the New Canaan and Darien markets.


Consider 2008 when New Canaan was $1.4 million to $853,000 in Wilton, a 39% difference.
Consider 2012 when New Canaan was $1.23 million to $713,000 in Wilton, a 43% difference.
Now, New Canaan is currently at $1.36 million to $746,000 in Wilton, a 45% difference.
Zillow is projecting New Canaan to move to $1.38 million and Wilton to $754,000, a 45% difference.

Wednesday, October 19, 2016

The October Market Report for New Canaan

Friends,

There has been plenty of hand-wringing this year about the state of the local real estate market, much of it justified. Sales volume dropped and prices were slow to react. 

An article in last month's Atlantic Magazine attributed a soft suburban market throughout the northeast to the fact that we aren't supplying what buyers want, particularly young buyers. The Atlantic seems to think that Millenials don't want the suburban lifestyle any longer. They're moving to the cities where they can always catch an Uber. 

The article goes on to cite county and state statistics which show median prices about 20% down from the 2003 high. 

However, New Canaan has fared better than most. This summer was pretty slow, but average and median prices had been holding firm through summer. As I mentioned above, this Fall we are now beginning to see seller's reductions of between 5% and 12% in response to the slowing sales volume. We now have 18 months of inventory on hand heading into the slower winter months, up from 14 months a year ago. 

Zillow shows the New Canaan market values as down only one percent since last year. They are predicting the New Canaan market is poised to rise nearly one percent next year.
July and August were not pretty for New Canaan. You can see in the chart below that sales held steady through May, began the decline in June and dropped 40% in July and 50% in August when compared to 2015. This was not unexpected based on the dwindling number of pendings recorded in June, but it has been a wakeup call for many of us nonetheless.



In fact, pending sales were down in June (-58%) and July (-30%) but set a new low in August (-79%). The trend continued in September with 16 pending sales indicating that we may have not seen the bottom.

Pending is not the only measure of market health. (It's not even a very good one. It really only gives us a peek at sales volume a month or two ahead.) Here is a chart that shows the past 5 years of Sales Volume for Single Family Homes. We see an increase in the volume in September over three of the previous four Septembers. 



The condo market bounced back this month with 7 sales in September after a disappointing August. The condo market has been negatively affected at times in the last few years by a lack of inventory to satisfy demand, especially under $1 million. We never seem to have enough condos to meet the need. As a result, in the last five years we have seen more new condos built in town than were built in the previous 20 years. New construction on Jeliff Mill Road, Park, Main and Forest Streets as well as The Maples on Oenoke Ridge. Now, with projects planned on Hoyt, Cross and Vitti, the Silvermine Tavern, The Roger Sherman and the Merritt Village we predict the condo market will continue to experience growth over the next decade. This new inventory is coming online as a great range of buyers begin to seek the price point and convenience that condos offer.
The big story for 2016 is the number of listings (of single family homes). Everybody is asking have we seen the peak? Yes, with 297 homes on the market now, down from a high of 360, we have seen the peak for 2016. 

Below is a link to the New Canaan Market Report. If you would like to discuss the report, or if you have any other questions, feel free to contact us at 203-247-4700 (John) or 203-247-5999 (Susan) 

Best regards,          

John and Susan
Pioneers of Design and Architecture in New Canaan: Eliot Noyes, Brad Verbryke, Ernest Bevilacqua and Bob Graf in an internal meeting to discuss Mobil Oil, c.1968. We have listed Bob Graf's own home, designed in 1966, at 62 Moriarity Drive in Wilton.