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COMPANIES PEOPLE Fastest-Growing Companies Fortunate 100 CEOs Privately Held Companies Power 25: Influential Women Professional Sports Teams REAL ESTATE Publicly Held Companies Commercial Property Managers Software Companies Construction Companies Unions CoStar Market Reports Women-Owned Companies Real Estate Investment Trusts PROFESSIONS TOURISM Accounting Firms Airlines Law Firms Events Management Consultants Hotels FINANCIAL THE BEST OF BOB LAPE Commercial Banks Top-Rated Restaurants Thrifts HEALTH CARE Health Insurers Hospitals
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COMPANIES PEOPLE
Fastest-Growing Companies ------4 Fortunate 100 CEOs ------66
------Privately Held Companies ------9 Power 25: Influential Women 70
Professional Sports Teams ------23 REAL ESTATE
Publicly Held Companies ------24 Commercial Property Managers ------72
Software Companies ------36 Construction Companies ------76
------Unions ------39 CoStar Market Reports 80, 81
Real Estate Investment Trusts------82 Women-Owned Companies ------42 TOURISM PROFESSIONS Airlines ------85 Accounting Firms ------G4 Events ------86
Law Firms ------46 Hotels------88
Management Consultants ------49 THE BEST OF BOB LAPE
FINANCIAL HEALTH CARE Top-Rated Restaurants ------90
Commercial Banks ------52 Health Insurers------58 INDEX
Thrifts ------55 Hospitals ------62 Alphabetical Company Listing ------94
vol. xxiii, no. 53, december 31, 2007—Crain’s New York Business (issn 8756-789x) is published weekly by Crain Communications Inc., 711 Third Ave., Download the Book of Lists New York, NY 10017. Periodicals postage paid at New York, N.Y. and additional mailing offices. Postmaster: Send address changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. To download the Book of Lists, go to www.crainsnewyork.com for subscriber service: Call (888) 909-9111. Fax (313) 446-6777.$3.00 a copy, $59.79 one year, $109.79 two years. (GST No. 13676-0444-RT) and click on “Lists.” Each list is available in Excel or PDF format. ©Entire contents copyright 2007 by Crain Communications Inc. All rights reserved. empire state building on the cover and this page: the cover building on state empire istockphoto
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If payment in full of the New Balance on your billing statement is credited to your Account within 10 days after your statement Closing Date, you will receive a discount of 2% if your Eligible Purchases made during the billing peri deferred amounts) by the Please Pay By date on your billing statement, you may defer payment of the remainder of that New Balance until the Please Pay By date shown on your next billing statement. Your Account must be od covered by that statement exceed $5,000. If your Eligible Purchases are less than or equal to $5,000, you will receive a Discount of 1%. If you pay at least 10% of your New Balance (plus the entire amount of any previously e in good standing in the month in which you exercise the Defer Pay Option. Additional terms, conditions and restrictions apply. For full details, visit PlumCard.com. © 2007 American Express Bank, FSB. All rights reserved. This chart was first published Nov. 19, 2007 COMPANIES
Best-Performing Publicly Traded Companies in the New York Area Largest in shareholder returns: American Real Estate Partners1 Top 5 in Revenue Growth Top 5 in Net Income Growth
Northstar Realty Finance +277.9% $544.0 Macquarie Infrastructure Co. Trust +228.5% $1,783.6 +441.1% 247 173 1-Rank on ’07 list of top publicly held companies: 240.
158 Sirius Satellite Radio +267.2% $5,098.0 194 AmTrust Financial Services Inc. +227.4% $788.5 Largest in revenues and net income: Citigroup2 112 Covanta Holding +213.6% $4,155.1 247 Northstar Realty Finance +179.8% $544.0
242 Crystal River Capital +152.8% $361.6 157 Nymex Holdings +159.3% $11,784.4 $146,905M ’06 REVENUES 195 OSI Pharmaceuticals +126.4% $2,395.3 25 Arrow Electronics +147.2% $4,459.1
■ Rank on ’07 list of largest publicly held companies ■ Three-year annualized growth rate ■ Market capitalization (in millions) $21,538M ’06 NET INCOME Companies were drawn from Crain’s 2007 list of the area’s 250 largest publicly held companies. Not all of them appear in the list below, which ranks companies based on a combination of measures. Market capitalization: closing stock price on Nov. 9, multiplied by the number of common shares outstanding for the most recent quarter. See Page 26 for notes on growth rate for revenue and income. 2-Rank on ’07 list of top publicly held companies: 1. New York Area’s Fastest-Growing Companies Based on the sum of firm rankings in revenue growth rate, net income growth rate and share price appreciation
Three-year Three-year annualized annualized Closing revenue 2006 net income 2006 Three-year price for growth revenue growth net income share price shares on Rank Company/Ticker symbol Phone/Web site rate/Rank (in millions) rate/Rank (in millions) appreciation/Rank 11/9/07 Industry/Number of employees
Icahn Enterprises 1 (IEP) (212) 702-4300 +68.4% $1,477.9 +124.8% $798.8 +409.8% $127.22 Building operator 1 767 Fifth Ave., New York, NY 10153 www.icahnenterprisescom 16 8 4 13,370 Cognizant Technology Solutions Corp. (CTSH) (201) 801-0233 +57.0% $1,424.3 +59.5% $232.8 +193.9% $30.79 Software 2 500 Glenpointe Centre West, Teaneck, NJ 07666 www.cognizant.com 23 26 17 38,800 AllianceBernstein Holding (AB) (212) 969-1000 +53.0% $359.5 +60.5% $325.0 +150.6% $74.55 Financial services 3 1345 Sixth Ave., New York, NY 10105 www.alliancebernstein.com 27 25 25 4,914 Celgene Corp. (CELG) (908) 673-9000 +49.0% $898.9 +39.0% $69.0 +354.2% $62.89 Biotechnology 4 86 Morris Ave., Summit, NJ 07901 www.celgene.com 31 46 6 1,287 Comtech Telecommunications Corp. 2 (CMTL) (631) 962-7000 +31.0% $391.5 +67.1% $45.3 +227.7% $50.83 Communications equipment 5 68 S. Service Road, Melville, NY 11747 www.comtechtel.com 53 22 13 1,228 Gramercy Capital Corp. 3 (GKK) (212) 297-1000 +125.5% $195.3 +78.2% $55.9 +61.3% $23.42 Real estate investment trust 6 420 Lexington Ave., New York, NY 10170 www.gramercycapitalcorp.com 6 18 66 0 4 Goldman Sachs Group Inc. 5 (GS) (212) 902-1000 +43.2% $69,353.0 +47.0% $9,537.0 +113.6% $211.33 Securities 7 85 Broad St., New York, NY 10004 www.goldmansachs.com 34 36 32 26,467 M&F Worldwide Corp. (MFW) (212) 572-8600 +96.1% $722.0 +16.0% $36.2 +346.7% $50.55 Camera systems, licorice extract 8 35 E. 62nd St., New York, NY 10021 www.mandfworldwide.com 8 90 7 3,462 BlackRock Inc. (BLK) (212) 810-5300 +51.9% $2,098.0 +27.6% $322.6 +157.5% $191.20 Investment advice 9 40 E. 52nd St., New York, NY 10022 www.blackrock.com 28 63 23 5,113 Coach Inc. 6 (COH) (212) 594-1850 +30.4% $2,111.5 +55.8% $494.3 +112.5% $32.58 Leather products 10 516 W. 34th St., New York, NY 10001 www.coach.com 56 29 33 7,500 Jarden Corp. (JAH) (914) 967-9400 +87.1% $3,846.3 +49.4% $106.0 +50.0% $28.39 Consumer products 11 555 Theodore Fremd Ave., Rye, NY 10580 www.jarden.com 11 34 76 20,000 Universal American Financial Corp. (UHCO) (914) 934-5200 +41.8% $1,305.1 +40.5% $119.3 +83.5% $23.22 Insurance 12 6 International Drive, Rye Brook, NY 10573 www.uafc.com 35 44 46 4,100 Empire Resources Inc. (ERS) (201) 944-2200 +32.2% $426.0 +35.1% $8.7 +143.4% $5.80 Semifinished aluminum products 13 1 Parker Plaza, Fort Lee, NJ 07024 www.empireresources.com 48 50 27 65 Leucadia National Corp. (LUK) (212) 460-1900 +50.5% $827.8 +25.0% $189.4 +119.1% $45.46 Insurance 14 315 Park Ave. South, New York, NY 10010 www.leucadia.com 29 70 31 1,323 Children’s Place Retail Stores Inc. 7 (PLCE) (201) 558-2400 +36.2% $2,017.7 +55.0% $84.6 +66.4% $25.58 Apparel stores 15 915 Secaucus Road, Secaucus, NJ 07094 www.childrensplace.com 43 30 57 21,400 Hess Corp. (HES) (212) 997-8500 +25.2% $28,067.0 +43.9% $1,916.0 +120.3% $71.69 Petroleum 16 1185 Sixth Ave., New York, NY 10036 www.hess.com 67 39 30 13,700 Signature Bank (SBNY) (646) 822-1500 +63.6% $261.0 +136.0% $33.4 +23.7% $36.15 Banking 17 565 Fifth Ave., New York, NY 10017 www.signatureny.com 18 7 112 416 Overseas Shipholding Group Inc. (OSG) (212) 953-4100 +32.1% $1,047.4 +47.9% $392.7 +72.8% $65.94 Shipping 18 666 Third Ave., New York, NY 10017 www.osg.com 49 35 53 3,980 Lehman Brothers Holdings Inc. 5 (LEH) (212) 526-7000 +39.3% $46,709.0 +33.1% $4,007.0 +76.9% $58.07 Securities 19 745 Seventh Ave., New York, NY 10019 www.lehman.com 40 55 49 25,936 Navigators Group Inc. (NAVG) (212) 244-2333 +20.0% $526.6 +111.4% $72.6 +74.4% $57.43 Insurance 20 1 Penn Plaza, New York, NY 10119 www.navg.com 84 11 51 342 SL Green Realty Corp. (SLG) (212) 594-2700 +28.1% $596.5 +31.0% $220.7 +147.3% $111.48 Real estate investment trust 21 420 Lexington Ave., New York, NY 10170 www.slgreen.com 61 60 26 814 Investment Technology Group Inc. (ITG) (212) 588-4000 +20.6% $586.3 +32.7% $97.9 +204.1% $39.44 Securities trading services 22 380 Madison Ave., New York, NY 10017 www.itginc.com 81 56 16 1,069 Greenhill & Co. (GHL) (212) 389-1500 +31.9% $290.6 +18.6% $75.7 +183.6% $68.22 Securities 23 300 Park Ave., New York, NY 10022 www.greenhill-co.com 51 84 19 201 Systemax Inc. (SYX) (516) 608-7000 +12.3% $2,345.2 +141.5% $45.1 +233.1% $19.86 Computers and related products 24 11 Harbor Park Drive, Port Washington, NY 11050 www.systemax.com 136 6 12 3,287 E*Trade Financial Corp. (ETFC) (646) 521-4300 +27.1% $3,848.4 +45.8% $628.9 +67.3% $8.59 Financial services 25 135 E. 57th St., New York, NY 10022 www.etrade.com 63 37 56 4,126 Knight Capital Group Inc. (NITE) (201) 222-9400 +20.4% $951.2 +60.8% $158.3 +66.2% $12.78 Securities 26 545 Washington Blvd., Jersey City, NJ 07310 www.knight.com 82 24 58 844 Jefferies Group Inc. (JEF) (212) 284-2300 +28.4% $1,963.2 +34.8% $205.8 +67.6% $24.11 Securities 27 520 Madison Ave., New York, NY 10022 www.jefco.com 60 52 55 2,254 Sequa Corp. (SQA.A) (212) 986-5500 +12.2% $2,183.8 +85.8% $65.6 +216.3% $172.65 Aerospace 28 200 Park Ave., New York, NY 10166 www.sequa.com 137 15 15 10,155 G-III Apparel Group Ltd. 7 (GIII) (212) 403-0500 +23.8% $427.0 +16.3% $13.2 +245.6% $14.62 Apparel 29 512 Seventh Ave., New York, NY 10018 www.g-iii.com 72 89 11 510 Continued 4 | Crain’s New York Business | book of lists 2008
COMPANIES
Three-year Three-year annualized annualized Closing revenue 2006 net income 2006 Three-year price for growth revenue growth net income share price shares on Rank Company/Ticker symbol Phone/Web site rate/Rank (in millions) rate/Rank (in millions) appreciation/Rank 11/9/07 Industry/Number of employees
Polo Ralph Lauren Corp. 8 (RL) (212) 318-7000 +17.4% $4,287.4 +33.3% $400.9 +171.1% $67.96 Apparel 30 650 Madison Ave., New York, NY 10022 www.polo.com 97 54 21 14,000 Arrow Electronics Inc. (ARW) (631) 847-2000 +16.8% $13,577.1 +147.2% $388.3 +61.5% $36.33 Electronics 31 50 Marcus Drive, Melville, NY 11747 www.arrow.com 103 5 65 12,000 Phillips-Van Heusen Corp. 7 (PVH) (212) 381-3500 +10.0% $2,090.6 +119.4% $155.2 +174.4% $41.91 Apparel 32 200 Madison Ave., New York, NY 10016 www.pvh.com 152 10 20 10,900 L-3 Communications Holdings Inc. (LLL) (212) 697-1111 +35.1% $12,476.9 +23.7% $526.1 +59.5% $111.70 Communication systems 33 600 Third Ave., New York, NY 10016 www.l-3com.com 44 71 69 63,700 National Financial Partners Corp. (NFP) (212) 301-4000 +32.4% $1,077.1 +34.8% $57.6 +37.6% $50.04 Financial services 34 787 Seventh Ave., New York, NY 10019 www.nfp.com 47 51 91 2,642 Merrill Lynch & Co. (MER) (212) 449-1000 +34.9% $68,622.0 +25.0% $7,499.0 +49.2% $53.27 Securities 35 4 World Financial Center, New York, NY 10080 www.ml.com 45 69 77 56,200 Covanta Holding Corp. (CVA) (973) 882-9000 +213.6% $1,268.5 n/m $105.8 +274.9% $27.00 Insurance 36 40 Lane Road, Fairfield, NJ 07004 www.covantaholding.com 3 180 9 3,300 Drew Industries Inc. (DW) (914) 428-9098 +27.3% $729.2 +16.9% $31.0 +82.2% $33.66 Metal products 37 200 Mamaroneck Ave., White Plains, NY 10601 www.drewindustries.com 62 86 47 3,690 Entertainment Distribution Co. 9 (EDCI) (770) 283-1000 +81.6% $348.5 +36.5% $4.0 +3.5% $1.01 Communications and entertainment 38 825 Eighth Ave., New York, NY 10019 www.edcllc.com 12 49 137 2,200 Bio-Reference Laboratories Inc. 10 (BRLI) (201) 791-2600 +21.0% $193.1 +20.0% $11.3 +106.5% $30.95 Medical laboratories 39 481 Edward H. Ross Drive, Elmwood Park, NJ 07407 www.bioreference.com 79 83 36 1,551 Movado Group Inc. 7 (MOV) (201) 267-8000 +17.3% $532.9 +29.9% $50.1 +88.1% $26.62 Watchmaker and retailer 40 650 From Road, Paramus, NJ 07652 www.movadogroup.com 98 61 43 1,300 Steven Madden Ltd. (SHOO) (718) 446-1800 +14.0% $489.4 +31.3% $46.3 +125.0% $23.00 Footwear 41 52-16 Barnett Ave., Long Island City, NY 11104 www.stevemadden.com 120 59 28 1,498 Bear Stearns Cos. 5 (BSC) (212) 272-2000 +30.8% $16,551.4 +21.1% $2,053.9 +45.3% $96.91 Securities 42 383 Madison Ave., New York, NY 10179 www.bearstearns.com 55 79 82 13,566 Nasdaq Stock Market Inc. (NDAQ) (212) 401-8700 +41.3% $1,657.8 n/m $127.9 +388.4% $41.24 Electronic stock market 43 1 Liberty Plaza, New York, NY 10006 www.nasdaq.com 37 180 5 898 Alleghany Corp. (Y) (212) 752-1356 +23.7% $1,209.2 +15.7% $251.2 +64.8% $391.50 Insurance, mineral products 44 7 Times Square Plaza, New York, NY 10036 www.alleghany.com 73 91 59 1,411 MSC Industrial Direct Co. 11 (MSM) (516) 812-2000 +16.0% $1,317.5 +37.8% $136.4 +60.7% $45.68 Industrial products 45 75 Maxess Road, Melville, NY 11747 www.mscdirect.com 109 47 68 3,775 Morgan Stanley 5 (MS) (212) 761-4000 +30.1% $76,551.0 +25.4% $7,472.0 +29.5% $54.20 Securities 46 1585 Broadway, New York, NY 10036 www.morganstanley.com 57 67 102 55,310 Moody’s Corp. (MCO) (212) 553-0300 +17.8% $2,037.1 +27.5% $753.9 +58.0% $38.65 Credit rating agency 47 99 Church St., New York, NY 10007 www.moodys.com 93 64 70 3,400 Asbury Automotive Group Inc. (ABG) (212) 885-2500 +11.5% $5,748.3 +58.7% $60.7 +62.3% $17.36 Auto dealerships 48 622 Third Ave., New York, NY 10017 www.asburyauto.com 141 27 61 8,300 Lifetime Brands Inc. (LCUT) (516) 683-6000 +41.8% $457.4 +22.7% $15.5 +18.0% $12.36 Housewares 49 1000 Stewart Ave., Garden City, NY 11530 www.lifetimebrands.com 36 75 120 1,199 J.P. Morgan Chase & Co. (JPM) (212) 270-6000 +30.8% $99,302.0 +29.1% $14,444.0 +17.9% $42.31 Financial services 50 270 Park Ave., New York, NY 10017 www.jpmorganchase.com 54 62 121 174,360 Alpharma Inc. (ALO) (201) 947-7774 +10.9% $653.8 +81.4% $82.5 +50.8% $20.24 Pharmaceuticals 51 1 Executive Drive, Fort Lee, NJ 07024 www.alpharma.com 146 16 75 1,400 Curtiss-Wright Corp. (CW) (973) 597-4700 +19.8% $1,282.2 +15.5% $80.6 +62.1% $54.08 Aerospace and defense 52 4 Becker Farm Road, Roseland, NJ 07068 www.curtisswright.com 86 92 62 6,233 MetLife Inc. (MET) (212) 578-2211 +11.3% $48,396.0 +41.0% $6,293.0 +68.8% $64.28 Insurance 53 200 Park Ave., New York, NY 10166 www.metlife.com 143 43 54 47,000 NYMagic Inc. (NYM) (212) 551-0600 +18.4% $200.5 +20.4% $29.9 +52.9% $23.47 Insurance 54 919 Third Ave., New York, NY 10022 www.nymagic.com 90 80 74 146 Aéropostale Inc. 7 (ARO) (646) 485-5398 +24.4% $1,413.2 +25.3% $106.6 +24.9% $23.52 Apparel stores 55 112 W. 34th St., New York, NY 10120 www.aeropostale.com 70 68 108 10,756 Kimco Realty Corp. 12 (KIM) (516) 869-9000 +18.4% $891.8 +20.1% $428.3 +55.2% $37.90 Real estate investment trust 56 3333 New Hyde Park Road, New Hyde Park, NY 11042 www.kimcorealty.com 91 82 73 618 Vornado Realty Trust (VNO) (212) 894-7000 +23.0% $2,974.0 +6.7% $560.1 +84.2% $98.83 Real estate investment trust 57 888 Seventh Ave., New York, NY 10019 www.vno.com 74 128 45 3,477 Standard Microsystems Corp. 13 (SMSC) (631) 435-6000 +19.7% $370.6 +7.9% $27.0 +94.0% $36.13 Semiconductors 58 80 Arkay Drive, Hauppauge, NY 11788 www.smsc.com 87 124 39 856 NBTY Inc. 14 (NTY) (631) 567-9500 +16.4% $1,880.2 +11.1% $111.8 +100.1% $32.02 Pharmaceuticals 59 90 Orville Drive, Bohemia, NY 11716 www.nbty.com 107 112 38 10,900 Assurant Inc. (AIZ) (212) 859-7000 +4.4% $7,963.2 +56.9% $717.4 +107.9% $63.45 Insurance 60 1 Chase Manhattan Plaza, New York, NY 10005 www.assurant.com 199 28 34 13,400 Newcastle Investment Corp. (NCT) (212) 798-6100 +54.0% $558.6 +31.6% $127.9 -36.3% $13.87 Real estate investment trust 61 1345 Sixth Ave., New York, NY 10105 www.newcastleinv.com 25 57 182 0 4 Scientific Games Corp. (SGMS) (212) 754-2233 +17.0% $897.2 +8.6% $66.8 +92.6% $32.26 Wagering and lottery systems 62 750 Lexington Ave., New York, NY 10022 www.scientificgames.com 102 122 40 5,500 Delta Financial Corp. (DFC) (516) 364-8500 +66.9% $512.1 -23.9% $29.8 +48.2% $2.06 Mortgage financing 63 1000 Woodbury Road, Woodbury, NY 11797 www.deltafinancial.com 17 169 79 1,395 Alexander’s Inc. (ALX) (201) 587-8541 +31.6% $198.8 n/m ($75.0) +107.5% $358.50 Real estate investment trust 64 210 Route 4 East, Paramus, NJ 07652 www.alx-inc.com 52 180 35 96 Monster Worldwide Inc. (MNST) (212) 351-7000 +39.3% $1,116.7 n/m $37.1 +76.1% $35.78 Online career services, advertising 65 622 Third Ave., New York, NY 10017 www.monsterworldwide.com 39 180 50 4,900 Dover Corp. (DOV) (212) 922-1640 +21.8% $6,511.6 +16.7% $561.8 +28.5% $45.90 Industrial equipment 66 280 Park Ave., New York, NY 10017 www.dovercorporation.com 77 87 105 33,000 Bank of New York Mellon Corp. 15 (BK) (212) 495-1784 +12.5% $9,027.0 +37.6% $3,011.0 +39.7% $44.84 Banking 67 1 Wall St., New York, NY 10286 www.bankofny.com 133 48 88 22,961 Barr Pharmaceuticals Inc. 6 (BRL) (201) 930-3300 +13.3% $1,314.5 +26.2% $336.5 +49.1% $52.42 Pharmaceuticals 68 400 Chestnut Ridge Road, Woodcliff Lake, NJ 07677 www.barrlabs.com 126 66 78 2,040 ITT Corp. (ITT) (914) 641-2000 +17.2% $7,807.9 +12.9% $581.1 +57.3% $63.11 Defense systems and services 69 4 W. Red Oak Lane, White Plains, NY 10604 www.itt.com 100 101 71 37,500 News Corp. 6 (NWS.A) (212) 852-7000 +13.4% $25,327.0 +41.2% $2,314.0 +24.6% $22.13 Entertainment and media 70 1211 Sixth Ave., New York, NY 10036 www.newscorp.com 125 42 109 47,300 Hain Celestial Group Inc. 6 (HAIN) (631) 730-2200 +16.6% $738.6 +10.5% $37.1 +63.9% $31.62 Food and beverage products 71 58 S. Service Road, Melville, NY 11747 www.hain-celestial.com 105 114 60 2,074 Continued
6 | Crain’s New York Business | book of lists 2008 Proud Members of the Home Team.
Con Edison’s team goes to bat every day to keep the power fl owing as New York keeps growing. It’s a big assignment in a big town that never stops, and we’re proud to bring our combined skills, experience, and energy to the task 24/7. Learn more about careers on our team at www.conEd.com/careers. Con Edison. ON IT.
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Three-year Three-year annualized annualized Closing revenue 2006 net income 2006 Three-year price for growth revenue growth net income share price shares on Rank Company/Ticker symbol Phone/Web site rate/Rank (in millions) rate/Rank (in millions) appreciation/Rank 11/9/07 Industry/Number of employees
Triarc Cos. (TRY.B) (212) 451-3000 +61.8% $1,243.3 n/m ($11.3) +46.6% $10.20 Restaurant franchisor 72 280 Park Ave., New York, NY 10017 www.triarc.com 19 180 81 24,372 Warnaco Group Inc. 12 (WRNC) (212) 287-8000 +14.0% $1,827.5 +9.3% $50.8 +91.1% $35.19 Apparel 73 501 Seventh Ave., New York, NY 10018 www.warnaco.com 121 119 41 10,287 Starwood Hotels & Resorts Worldwide Inc. (HOT) (914) 640-8100 +8.9% $5,979.0 +50.0% $1,043.0 +39.9% $51.82 Hotels 74 1111 Westchester Ave., White Plains, NY 10604 www.starwoodhotels.com 163 33 87 145,000 Henry Schein Inc. (HSIC) (631) 843-5500 +17.3% $5,153.1 +8.5% $163.8 +62.0% $59.09 Medical and hospital equipment 75 135 Duryea Road, Melville, NY 11747 www.henryschein.com 99 123 63 11,400 WHX Corp. (WXCP) (914) 925-4413 +16.7% $461.0 n/m ($18.2) +725.7% $5.00 Metal products 76 555 Theodore Fremd Ave., Rye, NY 10580 www.whxcorp.com 104 180 2 1,628 Prudential Financial Inc. 12 (PRU) (973) 802-6000 +7.6% $32,484.0 +23.3% $3,428.0 +90.4% $93.35 Insurance 77 751 Broad St., Newark, NJ 07102 www.prudential.com 171 73 42 39,814 Alcoa Inc. (AA) (212) 836-2674 +14.4% $30,379.0 +33.8% $2,248.0 +19.3% $37.09 Alumina and aluminum products 78 390 Park Ave., New York, NY 10022 www.alcoa.com 117 53 118 123,000 Medco Health Solutions Inc. (MHS) (201) 269-3400 +7.4% $42,498.7 +14.0% $630.2 +168.2% $95.07 Pharmacy benefits management 79 100 Parsons Pond Drive, Franklin Lakes, NJ 07417 www.medco.com 173 98 22 15,700 American Home Mortgage Investment Corp. (AHM) (516) 949-3900 +29.8% $1,043.8 +52.9% $263.5 -96.0% $0.09 Real estate investment trust 80 538 Broadhollow Road, Melville, NY 11747 www.americanhm.com 58 31 206 7,409 Sirius Satellite Radio Inc. (SIRI) (212) 584-5100 +267.2% $637.2 n/m ($1,104.9) +19.9% $3.47 Satellite radio 81 1221 Sixth Ave., New York, NY 10020 www.sirius.com 2 180 116 722 Lazare Kaplan International Inc. 16 (LKI) (212) 972-9700 +37.5% $528.0 +11.8% $1.5 -9.0% $9.35 Jewelry and watches 82 19 W. 44th St., New York, NY 10036 www.lazarekaplan.com 41 107 154 223 Hudson City Bancorp Inc. (HCBK) (201) 967-1900 +26.2% $1,621.1 +11.6% $288.6 +13.0% $14.94 Banking 83 West 80 Century Road, Paramus, NJ 07652 www.hcsbonline.com 65 108 129 1,319 Inter Parfums Inc. (IPAR) (212) 983-2640 +20.0% $321.1 +8.6% $17.7 +31.3% $22.25 Fragrances and beauty aids 84 551 Fifth Ave., New York, NY 10176 www.interparfumsinc.com 83 121 99 235 CIT Group Inc. (CIT) (212) 771-0505 +14.9% $6,927.7 +22.7% $1,046.0 +18.5% $30.56 Commercial and consumer finance 85 505 Fifth Ave., New York, NY 10017 www.cit.com 114 76 119 7,345 C.R. Bard Inc. (BCR) (908) 277-8000 +11.5% $1,985.5 +17.3% $272.1 +42.2% $83.55 Medical equipment and supplies 86 730 Central Ave., Murray Hill, NJ 07974 www.crbard.com 140 85 86 9,400 W.P. Carey & Co. (WPC) (212) 492-1100 +21.8% $273.3 +14.5% $86.3 +0.5% $33.88 Real estate advisory 87 50 Rockefeller Plaza, New York, NY 10020 www.wpcarey.com 76 95 141 0 17 Volt Information Sciences Inc. 10 (VOL) (212) 704-2400 +13.3% $2,338.5 +93.9% $30.7 -22.0% $15.12 Help supply services 88 560 Lexington Ave., New York, NY 10022 www.volt.com 127 13 176 46,000 Village Super Market Inc. 2 (VLGEA) (973) 467-2200 +4.1% $1,016.8 +14.1% $16.5 +190.3% $53.03 Grocery stores 89 733 Mountain Ave., Springfield, NJ 07081 www.shoprite.com 202 97 18 4,400 AEP Industries Inc. 10 (AEPI) (201) 641-6600 +13.2% $802.1 n/m $62.9 +272.2% $36.72 Plastic products 90 125 Phillips Ave., South Hackensack, NJ 07606 www.aepinc.com 128 180 10 1,800 Pall Corp. 2 (PLL) (516) 484-5400 +7.7% $2,016.8 +12.1% $145.5 +79.2% $37.69 Industrial equipment 91 2200 Northern Blvd., East Hills, NY 11548 www.pall.com 170 105 48 10,828 Dow Jones & Co. (DJ) (212) 416-2000 +7.0% $1,783.9 +31.4% $386.6 +35.4% $59.65 Information services 92 200 Liberty St. Tower A, New York, NY 10281 www.dowjones.com 178 58 93 7,400 Provident Financial Services Inc. (PFS) (201) 333-1000 +14.7% $314.1 +42.0% $53.7 -20.1% $15.75 Banking 93 830 Bergen Ave., Jersey City, NJ 07306 www.providentnj.com 115 41 174 877 Becton Dickinson & Co. 14 (BDX) (201) 847-6800 +9.4% $5,840.2 +11.2% $752.3 +61.7% $81.45 Medical equipment and supplies 94 1 Becton Drive, Franklin Lakes, NJ 07417 www.bd.com 159 111 64 26,990 Nu Horizons Electronics Corp. 13 (NUHC) (631) 396-5000 +28.7% $737.5 n/m $9.9 +34.7% $6.78 Electronics 95 70 Maxess Road, Melville, NY 11747 www.nuhorizons.com 59 180 96 748 Cablevision Systems Corp. (CVC) (516) 803-2300 +13.8% $5,927.5 n/m ($126.5) +103.7% $26.28 Cable and pay television 96 1111 Stewart Ave., Bethpage, NY 11714 www.cablevision.com 124 180 37 16,218 iStar Financial Inc. (SFI) (212) 930-9400 +21.4% $992.6 +9.7% $374.8 -4.4% $29.80 Real estate investment trust 97 1114 Sixth Ave., New York, NY 10036 www.istarfinancial.com 78 116 149 214 Bel Fuse Inc. (BELFB) (201) 432-0463 +17.2% $254.9 +22.3% $25.2 -17.7% $30.30 Electronics 98 206 Van Vorst St., Jersey City, NJ 07302 www.belfuse.com 101 78 168 1,956 Ann Taylor Stores Corp. 7 (ANN) (212) 541-3300 +13.8% $2,342.9 +12.4% $143.0 +17.1% $30.53 Apparel stores 99 7 Times Square, New York, NY 10036 www.anntaylor.com 123 102 122 17,700 Gamco Investors Inc. (GBL) (914) 921-3700 +11.3% $290.8 +11.9% $69.5 +34.1% $54.71 Investment advice 100 1 Corporate Center, Rye, NY 10580 www.gabelli.com 144 106 97 200 Source: Standard & Poor’s Compustat; additional research by Denise Southwood and Sarah Studley New York area includes New York City and Nassau, Suffolk and Westchester counties in New York, and Bergen, Essex, Hudson and Union counties in New Jersey. Companies were drawn from Crain’s list of the area’s 250 largest publicly held companies, published on May 28, 2007. They must be headquartered in the New York area and must have been publicly traded for at least three years as of July 31, 2007. All financial data are for fiscal 2006 and come from the companies’ most recent 10-K’s, which were filed by July 31, 2007. All financial data are for companies’ fiscal years, which correspond to the calendar year except where noted. The most recent financial data for companies with fiscal years ending in June through December are for the year ended in 2006; the most recent financial data for companies with fiscal years ending in January through May are for the year ended in 2007. All numbers except stock closing prices have been rounded to one decimal place. Revenue growth rate, net income growth rate and share price appreciation are based on unrounded numbers. All companies were publicly traded under the given ticker symbols as of July 31, 2007. Rank: where a company falls when ranked among qualifying companies from the list of the 250 largest publicly held companies. Overall rank: based on the sum of the rankings in revenue growth rate, net income growth rate and share price appreciation. In cases for which the sums of the rankings are tied, companies are ranked by revenue growth rate. Three-year annualized growth rate for revenue and income: three-year compound growth rate based on four years of data that return a linear percent rate of growth. Restated data are used where available. In cases for which net income growth rate could not be calculated due to a negative net income value, companies are considered to be tied at the rank of 180. Revenue and Income: 2006 annual revenues and income, including extraordinary items and discontinued operations. Three-year share price appreciation: percent change in the company’s share price from July 31, 2004, to July 31, 2007. Number of employees: the number of employees reported in the most recent 10-K’s. n/m Not meaningful. 1-On Sept. 17, 2007, American Real Estate Partners changed its name to Icahn Enterprises. 2-Fiscal year ends July 31. 3-Company uses year-to-year percent change for revenue and income. 4-The company hires another firm to manage day-to-day operations. 5-Fiscal year ends Nov. 30. 6-Fiscal year ends June 30. 7-Fiscal year ends Jan. 31. 8-Fiscal year ends March 31. 9-On May 10, 2007, Glenayre Technologies Inc. changed its name to Entertainment Distribution Co. 10-Fiscal year ends Oct. 31. 11-Fiscal year ends Aug. 31. 12-Company uses a two-year growth rate for revenues and income. 13-Fiscal year ends Feb. 28. 14-Fiscal year ends Sept. 30. 15-On July 1, 2007, The Bank of New York acquired Mellon Financial. 16-Fiscal year ends May 31. 17-A wholly owned subsidiary of W.P. Carey & Co. employs individuals who perform services for W.P. Carey.
ALPHABETICAL LISTING OF COMPANIES COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK
AEP Industries Inc. ------90 Cablevision Systems Corp. ------96 Greenhill & Co. ------23 M&F Worldwide Corp. ------8 Polo Ralph Lauren Corp. ------30 Aéropostale Inc.------55 Celgene Corp. ------4 Hain Celestial Group Inc. ------71 Medco Health Solutions Inc. ------79 Provident Financial Services Inc. ------93 Alcoa Inc. ------78 Children’s Place Retail Stores Inc. ------15 Henry Schein Inc. ------75 Merrill Lynch & Co. ------35 Prudential Financial Inc. ------77 Alexander’s Inc. ------64 CIT Group Inc. ------85 Hess Corp. ------16 MetLife Inc. ------53 Scientific Games Corp. ------62 Alleghany Corp.------44 Coach Inc. ------10 Hudson City Bancorp Inc. ------83 Monster Worldwide Inc. ------65 Sequa Corp. ------28 AllianceBernstein Holding------3 Cognizant Technology Solutions Corp. ------2 Icahn Enterprises ------1 Moody’s Corp. ------47 Signature Bank ------17 Alpharma Inc. ------51 Comtech Telecommunications Corp. ------5 Inter Parfums Inc. ------84 Morgan Stanley ------46 Sirius Satellite Radio Inc. ------81 American Home Mortgage Investment Corp.------80 Covanta Holding Corp. ------36 Investment Technology Group Inc. ------22 Movado Group Inc. ------40 SL Green Realty Corp. ------21 Ann Taylor Stores Corp. ------99 Curtiss-Wright Corp. ------52 iStar Financial Inc. ------97 MSC Industrial Direct Co. ------45 Standard Microsystems Corp. ------58 Arrow Electronics Inc. ------31 Delta Financial Corp. ------63 ITT Corp. ------69 Nasdaq Stock Market Inc. ------43 Starwood Hotels & Resorts Worldwide Inc. ------74 Asbury Automotive Group Inc. ------48 Dover Corp. ------66 J.P. Morgan Chase & Co. ------50 National Financial Partners Corp. ------34 Steven Madden Ltd. ------41 Assurant Inc. ------60 Dow Jones & Co. ------92 Jarden Corp. ------11 Navigators Group Inc. ------20 Systemax Inc. ------24 Bank of New York Mellon Corp. ------67 Drew Industries Inc. ------37 Jefferies Group Inc. ------27 NBTY Inc. ------59 Triarc Cos. ------72 Barr Pharmaceuticals Inc. ------68 E*Trade Financial Corp. ------25 Kimco Realty Corp. ------56 Newcastle Investment Corp. ------61 Universal American Financial Corp. ------12 Bear Stearns Cos. ------42 Empire Resources Inc. ------13 Knight Capital Group Inc. ------26 News Corp. ------70 Village Super Market Inc. ------89 Becton Dickinson & Co. ------94 Entertainment Distribution Co. ------38 L-3 Communications Holdings Inc. ------33 Nu Horizons Electronics Corp. ------95 Volt Information Sciences Inc. ------88 Bel Fuse Inc. ------98 Gamco Investors Inc. ------100 Lazare Kaplan International Inc. ------82 NYMagic Inc. ------54 Vornado Realty Trust ------57 Bio-Reference Laboratories Inc. ------39 G-III Apparel Group Ltd. ------29 Lehman Brothers Holdings Inc. ------19 Overseas Shipholding Group Inc. ------18 W.P. Carey & Co. ------87 BlackRock Inc. ------9 Goldman Sachs Group Inc. ------7 Leucadia National Corp. ------14 Pall Corp. ------91 Warnaco Group Inc. ------73 C.R. Bard Inc. ------86 Gramercy Capital Corp. ------6 Lifetime Brands Inc. ------49 Phillips-Van Heusen Corp. ------32 WHX Corp. ------76
8 | Crain’s New York Business | book of lists 2008 This chart was first published Nov. 26, 2007 COMPANIES NYArea’s Largest Privately Held Companies Ranked by projected 2007 revenues given the confidential nature of many private obtained from sources including Crain’s, Forbes, Dun’s agencies and partnerships—including accounting businesses, compiling the Crain’s list of top privately Regional Business Directory, Hoover’s, Gale Group and firms, law firms and consulting firms—are excluded. held companies in the New York area is no easy task. the U.S. Securities and Exchange Commission. All The footnotes on Crain’s estimates indicate cases in This list is the most comprehensive available, but data should be considered estimates. which information did not come directly from the Crain’s acknowledges that it’s not possible to identify To qualify for inclusion, companies are required to companies and is published as it appeared elsewhere. and include every company that would qualify.Those be independent, privately held entities with no parent. Some estimates for 2007 revenues and for number of companies that were contacted for potential inclusion They must be headquartered in New York City or employees are based on 2006 data. were called or e-mailed several times and given the Nassau, Suffolk or Westchester counties in New York, Companies with equal projected 2007 revenues are opportunity to submit or verify their information. or Bergen, Essex, Hudson or Union counties in New ranked by total number of employees. If those figures Data in the list were provided by the companies or Jersey. Nonprofits, hospitals, mutual companies, travel are tied, companies are listed in alphabetical order.
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
Trump Organization (212) 832-2000 Donald J. Trump $10,650.0 $10,400.0 22,450 Real estate development, hotels, December 725 Fifth Ave. www.trump.com Chairman, president casinos and golf courses 1 New York, NY 10022 Transammonia Inc. (212) 223-3200 Ronald P. Stanton $8,000.0 $5,429.6 349 Fertilizers, petrochemicals, liquefied December 320 Park Ave. www.transammonia.com Chairman petroleum gas, crude oil and oil 2 New York, NY 10022 Peter Baumann products President, chief executive Advance Publications Inc. 2 (718) 981-1234 Samuel I. Newhouse Jr. $7,700.0 $7,700.0 28,000 Newspapers and magazines December 950 Fingerboard Road www.advance.net Chairman, chief executive 3 Staten Island, NY 10305 Bloomberg 3 (212) 617-2000 Peter Grauer $4,700.0 $4,700.0 10,534 Financial news and information December 731 Lexington Ave. www.bloomberg.com Chairman, president 4 New York, NY 10022 Hearst Corp. 2 (212) 649-2000 Victor F. Ganzi $4,520.0 $4,520.0 17,062 Publishing, broadcasting, December 959 Eighth Ave. www.hearst.com President, chief executive entertainment and online services 5 New York, NY 10019 Rosenthal & Rosenthal Inc. (212) 356-1400 Stephen J. Rosenthal $4,500.0 $4,800.0 211 Factoring and asset-based lending December 1370 Broadway www.rosenthalinc.com Chief executive 6 New York, NY 10018 Kinray Inc. (718) 767-1234 Stewart Rahr $4,300.0 $3,910.0 1,000 Distributor of pharmaceuticals, June 152-35 10th Ave. www.kinray.com President, chief executive health and beauty aids, and medical 7 Whitestone, NY 11357 equipment Charmer Sunbelt Group 2 (212) 699-7000 Charles Merinoff $4,100.0 $4,100.0 6,550 Wine and spirits distributor December 60 E. 42nd St. www.charmer-sunbelt.com Chief executive 8 New York, NY 10165 Renco Group Inc. (212) 541-6000 Ira L. Rennert $4,000.0 $3,500.0 13,000 Steel and refined lead and other October 30 Rockefeller Plaza www.rencogroup.net Chairman, president, chief metals, all-terrain vehicles 9 New York, NY 10112 executive Red Apple Group Inc. 2 (212) 956-5803 John A. Catsimatidis $3,630.0 $3,630.0 7,800 Oil refining, supermarkets, real August 823 11th Ave. www.urc.com Chairman, president, chief estate and aviation 10 New York, NY 10019 executive Structure Tone Inc. (212) 481-6100 James Donaghy $3,163.3 $2,862.0 1,667 Construction management and December 770 Broadway www.structuretone.com Chairman general contracting 11 New York, NY 10003 Central National-Gottesman Inc. (914) 696-9000 Kenneth L. Wallach $3,000.0 $2,715.0 950 Pulp and paper sales and distribution December 3 Manhattanville Road www.cng-inc.com Chairman, chief executive 12 Purchase, NY 10577 Tishman Construction Corp. (212) 399-3600 Daniel R. Tishman $2,750.0 $2,520.0 995 Construction and real estate December 666 Fifth Ave. www.tishman.com Chairman development and management, 13 New York, NY 10103 John T. Livingston sustainability consulting President Reader’s Digest Association Inc. 2 (914) 238-1000 Mary G. Berner $2,640.0 $2,640.0 4,300 Publishing June Reader’s Digest Road www.rd.com President, chief executive 14 Pleasantville, NY 10570 Quality King Distributors Inc. 2 (631) 737-5555 Glenn Nussdorf $2,300.0 $2,300.0 850 Wholesale distribution of health and October 2060 Ninth Ave. www.qkd.com Chairman, chief executive beauty aids and groceries 15 Ronkonkoma, NY 11779 Westcon Group Inc. (914) 829-7000 Tom Dolan $2,292.0 $2,283.0 1,500 Distributor of networking and February 520 White Plains Road www.westcongroup.com President, chief executive communications products 16 Tarrytown, NY 10591 Continued
COMPANY SPOTLIGHT NEW CHIEF ENERGIZES SLEEPY PUBLISHER 5-YEAR FLASHBACK TOP 10 this has been an eventful year for Reader’s Digest Asso- COMPANIES ON CRAIN’S LIST IN 2002 READER’S ciation Inc., which was taken private by Ripplewood Holdings Rank Est. revenues Rank Est. revenues DIGEST in February in a $2.4 billion deal. The owner installed Condé in 2002 (in millions) in 2002 (in millions) ASSOCIATION Nast veteran Mary Berner (left) as chief executive, and she has 1 Trump Organization $10,200 6 ContiGroup $3,300 restructured its diverse properties and imported top executives from her previous employer. 2 MacAndrews & Forbes Holdings $5,700 7 Hearst $3,270 Most of all,she has energized a company that has often been $4,185 $3,000 described as sleepy.The company’s current focus is on bringing 3 Advance Publications 8 Bloomberg #14 getty images new life and new blood to its 85-year-old flagship publication, 4 Lefrak Organization $4,000 9 Rosenthal & Rosenthal $2,800 which will debut a redesign in January.Meanwhile,the publisher’s two-year-old suc- cess story,Every Day with Rachael Ray,will raise its circulation rate base 13% in Feb- 5 Bonjour Group $3,786 10 Transammonia $2,700 ruary, to 1.7 million copies. —matthew flamm The 2002 list of the largest privately held companies was published on Nov. 25.
book of lists 2008 | Crain’s New York Business | 9 COMPANIES
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
Univision Communications Inc. 2 (212) 455-5200 Joseph Uva $2,170.0 $2,170.0 6,529 Spanish-language media company December 605 Third Ave. www.univision.net Chief executive 17 New York, NY 10158 PB (Parsons Brinckerhoff) (212) 465-5000 Thomas J. O’Neill $1,800.0 $1,690.0 11,000 Strategic consulting, planning, October 1 Penn Plaza www.pbworld.com President, chief executive engineering, construction 18 New York, NY 10119 management, operations and maintenance Horizon Media Inc. (212) 916-8600 Bill Koenigsberg $1,800.0 $1,500.0 450 Media services agency December 630 Third Ave. www.horizonmedia.com President, chief executive 19 New York, NY 10017 ICC Industries Inc. (212) 521-1700 John Farber $1,730.0 $1,365.0 1,600 Manufacturer and distributor of December 460 Park Ave. www.iccindustries.com Chairman, chief executive chemicals, pharmaceuticals, plastics 20 New York, NY 10022 and flavorings ContiGroup Cos. (212) 207-5100 Paul J. Fribourg $1,624.0 $1,900.0 13,600 Agribusiness and investments March 277 Park Ave. www.contigroup.com Chairman, president, chief 21 New York, NY 10172 executive Duane Reade Inc. 3 (212) 273-5700 Richard W. Dreiling $1,584.8 $1,584.8 6,400 4 Retail drugstores December 440 Ninth Ave. www.duanereade.com President, chief executive 22 New York, NY 10001 Connell Co. 2 (908) 673-3700 Grover Connell $1,546.0 $1,546.0 150 Rice distribution, equipment sales December 200 Connell Drive www.connellco.com President, chief executive and leasing, real estate development, 23 Berkeley Heights, NJ 07922 financial services Sigma Plastics Group 2 (201) 933-6000 Alfred S. Teo $1,440.0 $1,250.0 5,200 Plastic film, sheeting and bags October Page Ave. and Schuyler Ave., Bldg. 8 www.sigmaplastics.com Chairman, chief executive 24 Lyndhurst, NJ 07071 P.C. Richard & Son (631) 843-4300 Gary Richard $1,250.0 $1,150.0 2,500 Retailer of appliances, consumer January 150 Price Parkway www.pcrichard.com Chief executive electronics and computer products 25 Farmingdale, NY 11735 Amscan Holdings Inc. (914) 345-2020 Gerald C. Rittenberg $1,200.0 $1,100.0 8,100 Party accessories and novelties December 80 Grasslands Road www.amscan.com Chief executive 26 Elmsford, NY 10523 Goya Foods Inc. 2 (201) 348-4900 Robert I. Unanue $1,190.0 $1,190.0 3,000 Food manufacturing, marketing and May 100 Seaview Drive www.goya.com President distribution 27 Secaucus, NJ 07096 Visant Holding Corp. 2 (914) 595-8200 Marc L. Reisch $1,186.6 $1,186.6 5,096 School-related affinity products, December 357 Main St. www.visant.net Chairman, president, chief marketing and publishing services 28 Armonk, NY 10504 executive Gould Paper Corp. (212) 301-0000 Harry E. Gould Jr. $1,175.0 $1,145.0 464 Distributor of printing, publishing December 11 Madison Ave. www.gouldpaper.com Chairman, president, chief and business papers, and pulp and 29 New York, NY 10010 executive paperboard Steve and Barry’s 2 (516) 267-7300 Barry Prevor, $1,100.0 $1,100.0 15,000 Apparel stores December 12 Harbor Park Drive www.steveandbarrys.com Steven Shore 30 Port Washington, NY 11050 Co-chief executives Inserra Supermarkets Inc. (201) 529-5900 Lawrence R. Inserra Jr. $1,100.0 $1,040.0 4,000 ShopRite supermarkets and December 20 Ridge Road — President, chief executive superstores 31 Mahwah, NJ 07430 Plaza Construction Corp. (212) 849-4800 Steven Fisher $1,100.0 $900.2 318 Construction services December 260 Madison Ave. www.plazaconstruction.com Chairman, chief executive 32 New York, NY 10016 Blue Tee Corp. (212) 598-0880 William M. Kelly $1,091.0 $872.3 939 Manufacturer and distributor of December 250 Park Ave. South www.bluetee.com President, chief operating industrial equipment and structural 33 New York, NY 10003 officer steel products Hudson News Co. (201) 867-3600 James S. Cohen $1,000.0 $875.0 5,000 Airport retailer, magazine and book December 1305 Paterson Plank Road www.hudsongroup.com President, chief executive distributor, newsstand operator 34 North Bergen, NJ 07047 CIC International Ltd. (201) 792-1800 S.G. Fassoulis $976.0 $918.0 748 5 Surveillance equipment, munitions August 5 Marine View Plaza www.cic-international.com Chief executive and other military supplies 35 Hoboken, NJ 07030 Newark Group Inc. (908) 276-4000 Robert H. Mullen $923.0 $852.4 3,169 Manufacturer of recycled paperboard April 20 Jackson Drive www.newarkgroup.com Chairman, president, chief 36 Cranford, NJ 07016 executive National Envelope Corp. (516) 699-4000 William Ungar $850.0 $812.0 4,500 Envelope manufacturer December 333 Earle Ovington Blvd. www.nationalenvelope.com Chairman 37 Uniondale, NY 11553 Nathan F. Moser Chief executive Berger Group Holdings Inc. (973) 407-1000 Nicholas J. Masucci $814.4 $818.0 5,396 Consulting engineer and planner June 412 Mount Kemble Road www.louisberger.com President, chief executive 38 Morristown, NJ 07960 ISO (201) 469-2000 Frank J. Coyne $800.0 $736.0 3,180 Risk information services December 545 Washington Blvd. www.iso.com Chairman, president, chief 39 Jersey City, NJ 07310 executive Leviton Manufacturing Co. 2 (718) 229-4040 Donald J. Hendler $799.6 $799.6 n/a Electrical and electronic components December 59-25 Little Neck Parkway www.leviton.com Chief executive 40 Little Neck, NY 11362 Harold Levinson Associates Inc. (631) 962-2400 Edward Berro $769.0 $744.0 400 Distributor of tobacco products, December 21 Banfi Plaza www.hladist.com President candy, groceries and sundries 41 Farmingdale, NY 11735 Hunter Roberts Construction Group (212) 321-6828 James C. McKenna $668.0 $372.1 296 Construction management December 2 World Financial Center www.hunterrobertscg.com President, chief executive 42 New York, NY 10281 Modell’s Sporting Goods (212) 822-1000 Mitchell B. Modell $646.4 $607.3 5,400 Retail sporting goods January 498 Seventh Ave. www.modells.com Chief executive 43 New York, NY 10018 Atalanta Corp. (908) 351-8000 George G. Gellert $625.0 $600.0 400 Food importer December 1 Atalanta Plaza www.atalanta1.com Owner, chairman 44 Elizabeth, NJ 07206 Publishers Clearing House (516) 883-5432 Andy Goldberg $615.0 $580.0 425 Multichannel direct marketer of December 382 Channel Drive www.pch.com President, chief executive home products and magazines 45 Port Washington, NY 11050 Continued
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Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end Rallye Motors Holding (516) 625-1600 Juliana Terian $605.0 $580.0 514 Automobile dealerships December 1600 Northern Blvd. www.rallyemotors.com Chairman 46 Roslyn, NY 11576 Manhattan Beer Distributors (718) 292-9300 Simon Bergson $572.0 $568.0 1,272 Beer distributor December 400 Walnut Ave. www.manhattanbeer.com President, chief executive 47 Bronx, NY 10454 Krasdale Foods Inc. (914) 694-6400 Charles A. Krasne $563.0 $554.0 694 Wholesale food distribution December 65 W. Red Oak Lane www.krasdalefoods.com President, chief executive 48 White Plains, NY 10604 Aeroflex Inc. 2 (516) 694-6700 Leonard Borow $551.8 $551.8 2,675 High-tech components June 35 S. Service Road www.aeroflex.com President, chief executive, chief 49 Plainview, NY 11803 operating officer USI Holdings Corp. 2 (914) 749-8500 Michael J. Sicard $551.6 $551.6 3,018 Insurance and financial services December 555 Pleasantville Road www.usi.biz Chairman, president, chief 50 Briarcliff Manor, NY 10510 executive Guardsmark 2 (212) 765-8226 Ira A. Lipman $551.1 $551.1 19,254 Security services June 10 Rockefeller Plaza www.guardsmark.com Chairman, president 51 New York, NY 10020 Newmark Holdings (212) 372-2000 Barry Gosin $548.9 $521.0 1,600 Commercial real estate services and December 125 Park Ave. www.newmarkkf.com Chief executive ownership 52 New York, NY 10017 Fedway Associates Inc. (973) 624-6444 Richard Leventhal $540.0 $510.0 550 Importer and distributor of wines June River Terminal Development, Bldg. 56 www.fedway.com President and spirits 53 Kearny, NJ 07032 Bamberger Polymers Inc. (516) 622-3600 Lawrence Ubertini $522.0 $494.0 124 Distributor of plastic resin March 2 Jericho Plaza www.bambergerpolymers.com President, chief executive 54 Jericho, NY 11753 Dyson-Kissner-Moran Corp. (212) 661-4600 Robert R. Dyson $520.0 $560.0 3,000 Investment holding company December 565 Fifth Ave. www.dkmcorp.com Chairman, chief executive 55 New York, NY 10017 Broadview Network (914) 922-7000 Michael Robinson $510.0 6 $272.7 1,300 Integrated communications provider December 800 Westchester Ave. www.broadviewnet.com President, chief executive 56 Rye Brook, NY 10573 HRH Construction (914) 993-5500 Brad C. Singer $506.0 $460.0 132 Construction management and December 50 Main St. www.hrhconstruction.com President general contracting 57 White Plains, NY 10606 Marchon Eyewear Inc. (631) 755-2020 Al Berg $500.0 $430.0 1,150 Manufacturer and distributor of December 35 Hub Drive www.marchon.com Chief executive eyewear and optical software 58 Melville, NY 11747 Curry Automotive (914) 725-3500 Bernard F. Curry III $500.0 $377.0 700 Automobile dealerships December 727 Central Ave. www.curryauto.com Owner, chief executive 59 Scarsdale, NY 10583 Bad Boy Worldwide Entertainment Group 2 (212) 381-1540 Sean (Diddy) Combs $500.0 $500.0 600 Full-service entertainment and December 1440 Broadway www.badboyonline.com Chairman, chief executive marketing 60 New York, NY 10018 Shevell Group of Companies (908) 965-0100 Myron P. Shevell $482.0 $481.0 4,000 Trucking, warehousing, logistics and December 1-71 North Ave. East www.shevellgroup.com Chairman real estate 61 Elizabeth, NJ 07201 Jon Shevell Vice chairman Russell Reynolds Associates (212) 351-2000 Matthew J. Wright $478.0 $430.6 1,000 Executive search December 200 Park Ave. www.russellreynolds.com President, chief executive 62 New York, NY 10166 Jetro Cash & Carry Enterprises (718) 762-8700 Stanley Fleishman $477.0 $457.0 1,300 7 Grocery and food service wholesaler December 15-24 132nd St. www.jetro.com Chief executive 63 College Point, NY 11356 Weeks Marine Inc. (908) 272-4010 Richard N. Weeks $475.0 $476.5 1,264 Marine construction services and December 4 Commerce Drive www.weeksmarine.com President dredging 64 Cranford, NJ 07016 Stuyvesant Fuel Service Corp. (718) 665-5700 Martin Rosenman $470.0 $405.0 125 Retail and wholesale heating oil and December 642 Southern Blvd. www.stuyfuel.com President natural gas distributor 65 Bronx, NY 10455 Key Food Stores Co-Operative Inc. (718) 370-4200 Richard Pallitto $469.9 $456.1 67 Supermarket cooperative April 1200 South Ave. www.keyfoodstores.com Chief executive 66 Staten Island, NY 10314 Tully Construction Co. 2 (718) 446-7000 Peter K. Tully $457.0 $332.1 689 Construction and waste hauling December 127-50 Northern Blvd. www.tullyconstruction.com President, chief executive 67 Flushing, NY 11368 Phibro Animal Health Corp. (201) 329-7300 Jack C. Bendheim $453.0 $398.0 900 Animal health and nutrition June 65 Challenger Road www.pahc.com Chairman products and specialty chemicals 68 Ridgefield Park, NJ 07660 Continued
COMPANY SPOTLIGHT HIP-HOP LABEL HITS LIFESTYLE CHARTS 10-YEAR FLASHBACK TOP 10 bad boy worldwide entertainment group was founded in COMPANIES ON CRAIN’S LIST IN 1997 BAD BOY 1992 as Bad Boy Entertainment by Sean “Diddy”Combs (left). Rank Est. revenues Rank Est. revenues WORLDWIDE The label got its first break when Bad Boy rapper Notorious in 1997 (in millions) in 1997 (in millions) B.I.G. (Biggie Smalls) topped the charts in 1994. Bad Boy sur- 1 Goldman Sachs Group $17,289 6 Advance Publications $4,250 vived infamy when Mr. Smalls was murdered in 1997, the same year Mr. Combs topped the charts as a solo artist. 2 Continental Grain $16,000+ 7 Pathmark Stores $4,000 By 1998, Sean John clothing was introduced, and Bad Boy #60 3 Trump Organization $6,500 8 Century Business Credit $3,200+ began expanding as an urban lifestyle company, venturing into landov restaurants, magazines, public relations, fragrances and, most 4 MacAndrews & Forbes Holdings $6,071 9 Hearst $2,800 recently, liquor, through a 50-50 venture with distributor Diageo to market Cîroc vodka. Clothing accounts for more than half of Bad Boy’s revenue, which is expect- 5 Wakefern Food $4,304 10 Lefrak Organization $2,750 ed to get a $100 million boost through the liquor deal. —samantha marshall The 1997 list of the largest privately held companies was published on Nov. 24.
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Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
R.A.B. Holdings Inc. (212) 688-4500 Richard A. Bernstein $440.0 8 $400.0 1,500 Food manufacturing and March 444 Madison Ave. www.rabfoodgroup.com Chairman, president, chief distribution 69 New York, NY 10022 executive Atlantic Express Transportation Group Inc. (718) 442-7000 Domenic Gatto $429.0 $414.0 6,900 School, paratransit and coach June 7 North St. www.atlanticexpress.com President, chief executive transportation 70 Staten Island, NY 10302 Max Kahan Inc. (212) 575-4646 Max Kahan $420.0 $415.0 12 Refining and precious metals November 20 W. 47th St. — President 71 New York, NY 10036 Shubert Organization Inc. (212) 944-3700 Gerald Schoenfeld $419.0 $374.0 1,450 Owner and operator of theaters and June 225 W. 44th St. www.shubertorg.com Chairman ticketing services 72 New York, NY 10036 Southern Container Corp. 2 (631) 231-0400 Steven Grossman $416.6 $416.6 950 Manufacturer of corrugated products December 115 Engineers Road www.southern-container.com Chairman 73 Hauppauge, NY 11788 Hanover Direct Inc. 2 (201) 863-7300 Wayne P. Garten $415.7 $415.7 1,975 Catalog sales, e-commerce December 1500 Harbor Blvd. www.hanoverdirect.com President, chief executive, 74 Weehawken, NJ 07086 director Barr & Barr Inc. (212) 563-2330 Donald M. Barr $403.0 $297.6 327 Construction management December 460 W. 34th St. www.barrandbarr.com President, chief executive 75 New York, NY 10001 A & E Stores Inc. and Associated Companies (201) 393-0600 Alan A. Ades $400.0 $400.0 2,000 Retail stores, family apparel, real December 1000 Huyler St. www.aestores.com Chairman, chief executive estate and biotechnology 76 Teterboro, NJ 07608 Sleepy’s Inc. 2 (516) 844-8800 Harry Acker $394.0 $394.0 1,200 Mattress retailer December 175 Central Ave. South www.sleepys.com Chairman 77 Bethpage, NY 11714 Sam Ash Music Corp. (516) 932-6400 Richard Ash $385.0 $385.0 1,700 Musical instruments retailer August 278 Duffy Ave. www.samashmusic.com Chief executive 78 Hicksville, NY 11801 Sugar Foods Corp. (212) 753-6900 Donald G. Tober $380.0 $355.0 700 Food manufacturing and marketing December 950 Third Ave. www.sugarfoods.com Chairman 79 New York, NY 10022 FUBU the Collection (212) 273-3300 Daymond John $370.0 $370.0 100 Apparel and accessories December 350 Fifth Ave. www.fubu.com Chief executive 80 New York, NY 10118 Malcolm Pirnie (914) 694-2100 William P. Dee $364.0 $348.0 1,700 Environmental engineering and December 104 Corporate Park Drive www.pirnie.com President, chief executive consulting services 81 White Plains, NY 10602 J&R Music and Computer World (212) 238-9000 Rachelle Friedman $360.0 $345.0 650 Audio, video, cameras, music, December 23 Park Row www.jr.com Co-chief executive computers, appliances and home 82 New York, NY 10038 office products via retail, mail order and the Web Corinthian Communications Inc. (212) 279-5700 Larry M. Miller $357.5 $322.0 61 Media planning and buying December 214 W. 29th St. www.mediabuying.com President 83 New York, NY 10001 Turtle & Hughes Inc. (732) 574-3600 Suzanne T. Millard $355.0 $303.0 446 Wholesale distributor of electrical September 1900 Lower Road www.turtle.com Chairman, president and industrial supplies 84 Linden, NJ 07036 Sbarro Inc. 3 (631) 715-4100 Mario Sbarro $354.4 $354.4 5,500 Operator and franchisor of December 401 Broadhollow Road www.sbarro.com Chairman cafeteria-style Italian restaurants 85 Melville, NY 11747 VJB Construction Corp. 2 (212) 268-4364 Vincent J. Bagnoli Jr. $350.0 $300.0 37 Construction services October 555 Eighth Ave. www.vjbconstruction.com President, chief executive 86 New York, NY 10018 LVI Services Inc. 2 (212) 951-3664 Robert A. McNamara $341.6 $341.6 3,500 Environmental remediation December 80 Broad St www.lviservices.com President 87 New York, NY 10004 Jimlar Corp. 2 (516) 829-1717 Laurence Tarica $325.0 $267.5 431 Footwear designer, marketer and January 160 Great Neck Road www.jimlar.com Chairman, chief executive distributor 88 Great Neck, NY 11021 Information Builders (212) 736-4433 Gerald D. Cohen $313.0 $310.0 1,425 Software and services December 2 Penn Plaza www.informationbuilders.com President, chief executive 89 New York, NY 10121 Schonfeld Group (516) 822-0202 Steven Schonfeld $309.2 $265.6 133 Proprietary trading and investments December 1 Jericho Plaza www.schonfeld.com Chairman, chief executive 90 Jericho, NY 11753 Henegan Construction Co. (212) 947-6441 Maureen A. Henegan $305.0 $275.0 45 Construction management and December 250 W. 30th St. www.henegan.com Chief executive general contracting 91 New York, NY 10001 Continued
COMPANY SPOTLIGHT KEEPING BUSINESS INTELLIGENT TOTAL REVENUES AT TOP 200 information builders inc. is one of the few remaining in- 2007 SALES, IN BILLIONS INFORMATION dependent software companies in the business intelligence The area’s largest privately held companies keep growing. Collectively, the BUILDERS market. Two of the Manhattan firm’s direct competitors, Cog- companies on Crain’s 2007 list are projected to show a 7% revenue nos and Business Objects,were bought recently by Internation- increase this year, versus a 5.2% rise for the companies listed last year. al Business Machines and SAP,respectively. WebFOCUS is Information Builders’ flagship product. In + #89 2001,the company spun off its integration technology business, 7.0% iWay Software, into a subsidiary. Last year, the unit generated about $50 million in revenue. $134.3 $143.7 Information Builders has more than 12,000 clients, including Fortune 100 com- panies and federal agencies.The firm,founded by Chief Executive Gerald D.Cohen 2006 2007* (above) in 1975, has 47 sales offices and 32 distributors globally. —amanda fung *Projected. ➡
14 | Crain’s New York Business | book of lists 2008 Forest City Ratner Companies wishes New York’s best all the best for an even better 2008 COMPANIES
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end Studley (212) 326-1000 Mitchell S. Steir $300.0 $250.0 900 Commercial real estate services December 300 Park Ave. www.studley.com Chairman, chief executive 92 New York, NY 10022 Beneath Your Sole Inc. 2 (914) 663-7790 Ramel Sherman, $300.0 $300.0 20 Building maintenance, floor care December 20 Beechwood Ave. www.beneathyoursole.com Pamela Sherman 93 Mount Vernon, NY 10553 Co-chief executives, owners Empire Office Inc. (212) 607-5500 Peter Gaslow $295.0 $205.0 250 Contract furniture dealer December 387 Park Ave. South www.empireoffice.com President 94 New York, NY 10016 Banfi Products Corp. (516) 626-9200 John F. Mariani $295.0 $280.0 150 Wine importer and marketer December 1111 Cedar Swamp Road www.banfi.com Chairman, chief executive 95 Old Brookville, NY 11545 Hapco Farms (631) 369-7000 Andrew Pollak $272.0 $243.1 500 Distributor of fruits and vegetables December 889 Harrison Ave. — President, chief executive 96 Riverhead, NY 11901 Personal-Touch Home Care Inc. (718) 468-2500 Felix Glaubach $260.0 $239.0 13,000 Home health care December 222-15 Northern Blvd. www.pthomecare.com President 97 Bayside, NY 11361 Supreme Oil Co. (201) 567-3177 Michael Leffler $260.0 $215.0 300 Manufacturer and packer of oils, December 80 S. Dean St. www.admirationfoods.com President shortening, mayonnaise and 98 Englewood, NJ 07631 margarine Eileen Fisher Inc. (914) 591-5700 Eileen Fisher $250.0 $225.0 776 Women’s clothing designer, December 2 Bridge St. www.eileenfisher.com Chief creative officer wholesaler and retailer 99 Irvington, NY 10533 Ergonomic Group Inc. (516) 746-7777 Karen P. Girards $250.0 $221.0 160 Computer reseller and systems December 191 Herricks Road www.ergogroup.com President integrator 100 Garden City Park, NY 11040 Judlau Contracting Inc. (718) 321-1818 Thomas Iovino $250.0 $208.7 150 Heavy construction December 26-15 Ulmer St. www.judlau.com Chief executive 101 College Point, NY 11354 Morgan Contracting Corp. (212) 377-2600 Adrienne Woolard $250.0 $115.0 85 General contracting and March 30 Cooper Square www.morgan-contracting.com Chief executive, treasurer construction management 102 New York, NY 10003 Capital Access Network Inc. (914) 725-9301 Glenn Goldman $240.0 $203.2 280 Working capital solutions December 2 Overhill Road www.capitalaccessnetwork.com Chief executive 103 Scarsdale, NY 10583 Intercounty Appliance Corp. 2 (631) 543-6900 Vito Blandi $240.0 $240.0 75 Appliances and electronics September 10 National Blvd. www.intercountyappliance.com President, chief executive cooperative 104 Medford, NY 11763 M.A. Angeliades Inc. (718) 786-5555 Mike Angeliades $235.0 $207.0 175 General contracting and December 5-44 47th Ave. www.ma-angeliades.com President construction management 105 Long Island City, NY 11101 AFD Contract Furniture Inc. (212) 721-7100 Richard Aarons $234.0 $234.0 7 230 Contract furniture July 88 West End Ave. www.afd-inc.com President 106 New York, NY 10023 Tecna Corp. (201) 529-0410 Sikander A. Durrani $227.0 $215.3 447 Manufacturer and exporter of June 1 International Blvd. www.tecnacorp.com Chairman, chief executive industrial and aerospace products 107 Mahwah, NJ 07495 ILC Industries Inc. (631) 567-5600 Clifford P. Lane $225.0 $206.0 825 Defense electronics, aerostats, space December 105 Wilbur Place www.ddc-web.com Chairman, chief executive suits and chemical protective 108 Bohemia, NY 11716 clothing Croscill Inc. (212) 689-7222 Douglas Kahn $225.0 $235.0 550 Home fashions manufacturer December 261 Fifth Ave. www.croscill.com Chief executive 109 New York, NY 10016 Harbor Seafood Inc. (516) 775-2400 Peter Cardone $225.0 $234.0 24 Wholesale frozen seafood June 969 Lakeville Road www.harborseafood.com President 110 New Hyde Park, NY 11040 Haights Cross Communications Inc. 2 (914) 289-9400 Paul J. Crecca $222.0 $222.0 821 Publisher of test preparation and December 10 New King St. www.haightscross.com Chief executive supplemental education materials 111 White Plains, NY 10604 Alcott Group (631) 420-0100 Lou Basso $215.0 $192.0 4,900 Professional employer organization December 71 Executive Blvd. www.alcottgroup.com President 112 Farmingdale, NY 11735 Futter Lumber Corp. (516) 764-4445 Bernard Futter $210.0 $253.0 36 Wholesale lumber December 100 Merrick Road — President 113 Rockville Centre, NY 11570 NPD Group Inc. (516) 625-0700 Tod Johnson $207.0 8 $181.0 1,070 Marketing research and information September 900 West Shore Road www.npd.com Chairman, chief executive services 114 Port Washington, NY 11050 FreshDirect 3 (718) 928-1000 Steven Michaelson $200.0 $200.0 1,800 Online grocer December 23-30 Borden Ave. www.freshdirect.com Chief executive 115 Long Island City, NY 11101 North Jersey Media Group Inc. 2 (201) 646-4000 Malcolm A. Borg $200.0 $200.0 1,725 Newspaper publishing and December 150 River St. www.northjersey.com Chairman, chief executive commercial printing 116 Hackensack, NJ 07601 Denihan Hospitality Group (212) 465-3700 Brooke Barrett, $200.0 $180.0 1,200 Hotel ownership and management December 500 W. 37th St. www.denihan.com Patrick Denihan 117 New York, NY 10018 Co-chief executives Software Engineering of America Inc. (516) 328-7000 Russell Zitron $200.0 $200.0 250 Data management software December 1230 Hempstead Turnpike www.seasoft.com Vice president of technical 118 Franklin Square, NY 11010 services Nebraskaland Inc. (718) 842-0700 Richard Romanoff $200.0 $180.0 145 Wholesale meat distributor December 355 Food Center Drive www.nebraskaland.com President, chief executive 119 Bronx, NY 10474 Nathel & Nathel Inc. (718) 991-6050 Ira Nathel $200.0 $185.0 135 Wholesale fruits and vegetables December 357 NYC Terminal Market, Row C www.nnproduce.net President 120 Bronx, NY 10474 Apple & Eve (516) 621-1122 Gordon Crane $200.0 $172.0 75 Marketer of juices and other August 2 Seaview Blvd. www.appleandeve.com President beverage products 121 Port Washington, NY 11050 Continued
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Projected 2007 2007 total revenues 2006 revenues company 2 Seaview Blvd. www.appleandeve.com President 1 beverage products 121RankPort Company Washington, NY 11050 Phone/Web site Top executive(s) (in millions) (in millions) employees Nature of business Year end Bayside Fuel Oil Depot Corp. 2 (718) 372-9800 Sergio Allegretti $200.0 $200.0 39 Wholesaler and retailer of fuel December 1776 Shore Parkway www.baysidedepot.com President products 122 Brooklyn, NY 11214 Hayward Industries Inc. 2 (908) 351-5400 Robert Davis $199.5 $199.5 1,600 Swimming pool products and December 620 Division St. www.haywardnet.com President, chief executive equipment, industrial fluid-control 123 Elizabeth, NJ 07207 equipment Clare Rose Inc. (631) 475-1840 Lisa Rose $197.0 $181.8 264 Beer wholesaler December 72 Clare Rose Blvd. www.clarerose.com President, chief executive 124 Patchogue, NY 11772 Vista Food Exchange Inc. (718) 542-4401 Vincent L. Pacifico $191.0 $173.0 78 Wholesale meat distributor November B-101 Hunts Point Co-op Market www.vistafood.com Chairman, chief executive 125 Bronx, NY 10474 Reserve Management Corp. (212) 401-5500 Bruce R. Bent $190.0 $163.0 180 Asset management December 1250 Broadway www.ther.com Chairman, founder 126 New York, NY 10001 GYMA Laboratories of America Inc. (516) 933-0900 Harold Lipton $190.0 $209.0 23 Pharmaceutical chemical distributor December 135 Cantiague Rock Road www.gyma.com President, chief executive 127 Westbury, NY 11590 Ziff Davis Holdings Inc. (212) 503-3500 Jason Young $181.0 $181.0 300 Integrated media company December 28 E. 28th St. www.ziffdavis.com Chief executive 128 New York, NY 10016 Anvil Holdings Inc. 2 (212) 476-0300 Bernard Geller $179.0 $179.0 3,734 Maker and marketer of activewear January 228 E. 45th St. www.anvilknitwear.com Chairman, chief executive 129 New York, NY 10017 Stark Carpet Corp. (212) 752-9000 John S. Stark $175.0 $160.0 700 Seller of carpets, fabrics and December 979 Third Ave. www.starkcarpetcorp.com Chairman, Steven J. Stark furniture 130 New York, NY 10022 President EMO Trans Inc. (516) 867-6800 Jo Frigger $172.0 $143.7 244 Freight forwarder and global December 135 Guy Lombardo Ave. www.emotrans.com Chief executive logistics services provider 131 Freeport, NY 11520 Kozy Shack Enterprises Inc. (516) 870-3000 Vincent Gruppuso $170.0 $160.0 475 Manufacturer of refrigerated December 83 Ludy St. www.kozyshack.com Chairman puddings and desserts 132 Hicksville, NY 11801 Robert Striano Chief executive Daffy’s Inc. (201) 902-0800 Marcia Wilson $165.0 $156.0 1,521 Retailer of off-price apparel December Daffy’s Way www.daffys.com President, chief executive 133 Secaucus, NJ 07094 E-J Electric Installation Co. (718) 786-9400 J. Robert Mann Jr. $165.0 $139.0 720 Electrical contractor December 46-41 Vernon Blvd. www.ej1899.com Chief executive 134 Long Island City, NY 11101 D’Agostino Supermarkets Inc. 2 (914) 833-4000 Nicholas D’Agostino Jr. $163.0 $163.0 1,112 Supermarket group July 1385 Boston Post Road www.dagnyc.com Chairman, chief executive 135 Larchmont, NY 10538 Beyer Farms Inc. (718) 272-4500 Henry Beyer $162.0 $125.0 202 Milk products December 156-02 Liberty Ave. www.beyerfarms.com President, chief executive 136 Jamaica, NY 11433 Terminal Construction Corp. (201) 939-9150 Donald D. Dinallo $160.0 $140.0 100 Construction management, general December 215 State Highway 17 South www.terminalconstruction.com President, chief executive contracting, design/build projects 137 Wood-Ridge, NJ 07075 ABCO Refrigeration Supply Corp. (718) 937-9000 Michael Senter $158.5 $150.0 260 Refrigeration and air-conditioning December 49-70 31st St. www.abcorefrigeration.com Chief executive equipment and supplies 138 Long Island City, NY 11101 By Design (201) 649-9300 Jay Lee $158.4 $122.2 94 Women’s apparel wholesaler March 2400 83rd St. www.bydesignllc.com President, chief executive 139 North Bergen, NJ 07047 ABC Carpet & Home (212) 473-3000 Paulette Cole $156.0 $150.0 659 Floor coverings and home December 888 Broadway www.abchome.com Chief executive furnishings retailer 140 New York, NY 10003 IBEX Construction (646) 366-6200 Andy Frankl $155.0 $119.0 128 Construction management and December 1372 Broadway www.ibexconstruction.com President, chief executive general contracting 141 New York, NY 10018 Levine Builders (718) 224-7147 Jeffrey E. Levine $155.0 $124.0 60 Construction management and December 42-09 235th St. www.levinebuilders.com President general contracting 142 Douglaston, NY 11363 Americon Construction Inc. (212) 274-0190 Richard C. Cucci $153.0 8 $142.0 98 Construction management and September 44 W. 18th St. www.americoninc.com Principal general contracting 143 New York, NY 10011 Carole Hochman Design Group Inc. 2 (212) 725-1212 Carole Hochman $151.0 $162.0 330 Women’s sleepwear December 135 Madison Ave. www.carolehochman.com Chairman 144 New York, NY 10016
COMPANY SPOTLIGHT CASH MANAGER PROVES BORING IS BEAUTIFUL FROM PUBLIC TO PRIVATE Previously publicly traded businesses new to the list of privately held in 1970,bruce bent (left) created the first money-market fund companies in 2007: RESERVE allowing investors to park spare cash in a safe vehicle offering MANAGEMENT better returns than banks did.“Your money fund is supposed to READER’S AEROFLEX (#49) USI HOLDINGS HANOVER bore you into a sound night’s sleep,” he recently explained. DIGEST Acquired by Veri- (#50) Acquired DIRECT (#74) Those investing through his firm, Reserve Management ASSOCIATION tas Capital Fund by GS Capital No longer a pub- (#14) After 17 III, Golden Gate Partners, a pri- lic company fol- Corp., appear to be snoozing soundly.As interest rates climbed years as a public Private Equity and vate-equity affili- lowing its merger #126 this year, the firm’s assets rose 60%, to $80 billion. Clients seem company, returned Goldman Sachs ate of Goldman with Chelsey to appreciate that this quiet firm has avoided the blunders com- to private owner- in August 2007. Sachs, in May Direct, a signifi-
karjean levinekarjean mitted by money-market funds that invested in subprime paper. ship upon its Aeroflex share- 2007. USI share- cant shareholder, Today, the entire money-market fund business has grown to nearly $3 trillion in acquisition by Rip- holders received holders got $17 in April 2007. assets,and Reserve Management ranks as the third-largest family-owned fund com- plewood Holdings $14.50 per share for each share of pany in the nation. —aaron elstein in March 2007. of common stock. common stock.
18 | Crain’s New York Business | book of lists 2008 COMPANIES
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
TransPerfect Inc. (212) 689-5555 Liz Elting $150.0 $112.8 708 Global language and business December 3 Park Ave. www.transperfect.com President, chief executive services 145 New York, NY 10016 Quick International Courier (212) 689-4151 Robert J. Mitzman $150.0 8 $140.0 560 Global priority shipping and September 212 Fifth Ave. www.quickintl.com President, chief executive logistics solutions 146 New York, NY 10010 Cumberland Packing Corp. (718) 858-4200 Jeff Eisenstadt $150.0 $140.0 450 Food manufacturer December 2 Cumberland St. www.sweetnlow.com President, chief executive 147 Brooklyn, NY 11205 Aurora Contractors Inc. (631) 981-3785 Frank Vero Sr. $148.0 $36.1 36 Construction management and October 100 Raynor Ave. www.auroracontractors.com President general contracting 148 Ronkonkoma, NY 11779 Solomon-Page Group (212) 403-6100 Scott Page, Lloyd Solomon $146.8 $129.5 205 Temporary staffing and recruitment September 1140 Sixth Ave. www.solomonpage.com Managing directors services 149 New York, NY 10036 Liberty Maritime Corp. (516) 488-8800 Philip Shapiro $145.0 $135.0 300 Deep-sea foreign transportation December 1979 Marcus Ave. www.libertymar.com Chief executive 150 Lake Success, NY 11042 Conference Associates Inc. (631) 654-0600 Gordon A. Lenz $145.0 $152.0 48 Administrator and broker of health December 180 E. Main St. www.nysbg.com Chief executive benefits 151 Patchogue, NY 11772 Innovative Stone (631) 273-4445 Karen Pearse $142.0 $129.0 450 Natural stone importer, distributor December 150 Motor Parkway www.innovativestone.com Chief executive, founder and fabricator 152 Hauppauge, NY 11788 Associated Global Systems Inc. (516) 627-8910 Norman Freeman $142.0 $127.0 310 Cargo transportation, distribution July 3333 New Hyde Park Road www.agsystems.com President and logistics 153 New Hyde Park, NY 11042 Leon D. DeMatteis Construction Corp. 2 (516) 285-5500 Richard DeMatteis $141.0 $118.0 82 Construction management December 820 Elmont Road www.dematteisorg.com President 154 Elmont, NY 11003 Curtis Instruments Inc. (914) 666-2971 Stuart Marwell $140.0 $127.5 1,100 Manufacturer of instrumentation November 200 Kisco Ave. www.curtisinst.com President, chief executive and controls for electric vehicles 155 Mount Kisco, NY 10549 Transervice Lease Corp. 2 (516) 488-3400 Edward Flannigan $140.0 $140.0 987 Transportation services December 5 Dakota Drive www.transervice.com President 156 Lake Success, NY 11042 Andron Construction Corp. 2 (914) 232-7531 Charles Winter $140.0 $95.0 75 Construction management and August 21 Anderson Lane www.androncc.com President general contracting 157 Goldens Bridge, NY 10526 Great Neck Saw Manufacturers Inc. 2 (516) 746-5352 Richard Jacoff $138.2 $138.2 700 Manufacturer of hand and auto December 165 E. Second St. www.greatnecksaw.com Chairman repair tools 158 Mineola, NY 11501 VRH Construction Corp. 2 (201) 871-4422 Victor D. Wortmann Jr. $132.0 $145.7 90 Construction management and September 320 Grand Ave. www.vrhcorp.com President general contracting 159 Englewood, NJ 07631 Dan’s Supreme Supermarkets Inc. 2 (516) 483-2400 Richard Grobman $130.0 $130.0 900 Supermarket chain December 474 Fulton Ave. — President, chief executive 160 Hempstead, NY 11550 Loren Communications International Ltd. (212) 752-4900 Pamela Loren $130.0 $128.0 500 International medical December 155 E. 55th St. — Chairman, chief executive telecommunications 161 New York, NY 10022 Bartlett Dairy Inc. (718) 658-2299 Thomas Malave $130.0 $110.0 196 Dairy and food distributor December 105-03 150th St. www.bartlettny.com President 162 Jamaica, NY 11435 DiCarlo Distributors Inc. (631) 758-6000 Vincent DiCarlo Sr. $128.0 $122.0 240 Food service distributor June 1630 N. Ocean Ave. www.dicarlofood.com President, chief executive 163 Holtsville, NY 11742 Sid Harvey Industries Inc. 2 (516) 745-9200 Sid Harvey $126.8 $126.8 475 Wholesale refrigeration, March 605 Locust St. www.sidharvey.com President air-conditioning and heating parts 164 Garden City, NY 11530 and equipment Spraylat Corp. (914) 738-1600 Michael E. Borner $125.0 $124.0 375 Industrial coatings manufacturer December 143 Sparks Ave. www.spraylat.com Chief executive 165 Pelham, NY 10803 Silverite Construction Co. (516) 681-0562 Angelo Silveri $125.0 $90.2 225 General contracting December 520 Old Country Road www.silverite.com Chief executive 166 Hicksville, NY 11801 Imperial Bag & Paper Co. (201) 437-7440 Robert Tillis $124.0 $106.0 150 Wholesale food service and paper December 59 Hook Road www.imperialbag.com President, chief executive and distributor 167 Bayonne, NJ 11557 Service By Air Inc. (800) 243-5545 Joseph Poliseno $123.0 8 $113.2 123 Transportation and logistics August 222 Crossways Park Drive www.servicebyair.com President, chief executive 168 Woodbury, NY 11797 D’Addario & Co. (631) 439-3300 Jim D’Addario $120.0 $110.0 1,005 Manufacturer of strings for musical December 595 Smith St. www.daddario.com Chairman, chief executive instruments and musical instrument 169 Farmingdale, NY 11735 accessories Dial-A-Mattress Operating Corp. (718) 472-1200 Napoleon Barragan $120.0 $120.0 320 7 Retail sale of mattresses and related December 31-10 48th Ave. www.mattress.com Chairman, chief executive bedding items 170 Long Island City, NY 11101 Vision Financial Markets (212) 859-0200 Howard Rothman $117.2 $102.6 70 Futures and options brokerage and June 1 Whitehall St. www.visionfinancialmarkets.com President, chief financial officer clearing services 171 New York, NY 10004 Riese Organization (212) 563-7440 Dennis Riese $117.0 $112.0 1,500 Restaurants and real estate April 560 Fifth Ave. www.rieserestaurants.com Chairman, chief executive 172 New York, NY 10036 Benfield Electric Supply Co. (914) 948-6660 Daniel J. McLaughlin $115.0 $100.0 167 Distributor of electrical and data October 25 Lafayette Ave. www.benfieldelectric.com President, chief executive communications products 173 White Plains, NY 10603 Waitex Group of Companies (212) 967-8100 Howard H. Li $110.0 $100.1 700 Warehouse distribution and apparel September 135 W. 36th St. www.waitex.com Chairman, chief executive manufacturer and wholesaler 174 New York, NY 10018 Continued
book of lists 2008 | Crain’s New York Business | 19 COMPANIES
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
A. Zerega’s Sons Inc. (201) 797-1400 John B. Vermylen $110.0 $100.0 150 Pasta manufacturer December 20-01 Broadway www.zerega.com President 175 Fair Lawn, NJ 07410 Amerex Group Inc. 2 (212) 609-3000 Ira Ganger $110.0 $110.0 110 Wholesale apparel December 512 Seventh Ave. www.amerexgroup.com Chairman, president 176 New York, NY 10018 ACuPowder International 2 (908) 851-4500 Edul Daver $110.0 $97.0 72 Manufacturer of nonferrous powders December 901 Lehigh Ave. www.acupowder.com President 177 Union, NJ 07083 Lebhar-Friedman Inc. (212) 756-5000 J. Roger Friedman $108.0 $104.0 511 Publishing December 425 Park Ave. www.lf.com Owner, president 178 New York, NY 10022 Wm. Blanchard Co. 2 (973) 376-9100 Richard F. Blanchard $105.0 $105.0 110 Building construction December 199 Mountain Ave. www.wmblanchard.com Vice chairman 179 Springfield, NJ 07081 Jack Schwartz Shoes Inc. (212) 691-4700 Bernard Schwartz $105.0 $112.0 90 Importer of branded shoes December 155 Sixth Ave. www.lugz.com Chairman 180 New York, NY 10013 ASI System Integration Inc. (212) 736-0111 Sonny Chabra $105.0 $65.0 n/a IT sourcing and consulting services December 48 W. 37th St. www.asisystem.com Chairman, chief executive 181 New York, NY 10018 Waldner’s Business Environments (631) 844-9300 John P. Gallivan $102.0 $100.0 130 Contract furniture December 125 Route 110 www.waldners.com President, chief executive 182 Farmingdale, NY 11735 National Spinning Co. (212) 382-6400 James Chesnutt Jr. $100.0 $100.0 850 Yarn mills and sweater December 1140 Sixth Ave. www.natspin.com President manufacturing 183 New York, NY 10036 Thornton Tomasetti (212) 661-7800 Daniel Cuoco $100.0 $90.0 600 Structural engineering, forensic December 51 Madison Ave. www.thorntontomasetti.com President investigation and analysis, 184 New York, NY 10010 Richard Tomasetti architectural restoration Chairman Davis & Warshow Inc. 2 (718) 937-9500 Frank Finkel $100.0 $100.0 250 Distributor of plumbing and heating December 57-22 49th St. www.daviswarshow.com President supplies 185 Maspeth, NY 11378 DeFoe Corp. (914) 699-7440 John Amicucci Sr. $100.0 $68.2 250 Construction management and December 800 S. Columbus Ave. www.defoecorp.com President general contracting 186 Mount Vernon, NY 10550 Tri-Line Contracting (212) 245-7402 José Velazquez $100.0 $70.0 87 Construction management and December 321 W. 44th St. www.trilinecontracting.com President general contracting 187 New York, NY 10036 Condal Distributors Inc. (718) 589-1100 Carmen Fernández $99.0 8 $99.0 250 Specialty wholesale food and April 531 Dupont St. www.condalfoods.com President distribution 188 Bronx, NY 10474 Meadows Office Furniture Co. (212) 741-0333 Rosalie Stackman Edson $95.0 $93.0 122 Office furniture sales and December 71 W. 23rd St. www.meadowsoffice.com President, chief executive distribution 189 New York, NY 10010 MBI Group 2 (212) 376-4400 Edward S. Campanella $95.0 $76.1 97 Construction December 48 W. 37th St. www.mbiny.com President 190 New York, NY 10018 ICP Inc. 2 (718) 556-6700 Michelle Fabozzi $88.0 $81.0 90 Information technology December 20 Clifton Ave. www.icpcorp.com Chief executive 191 Staten Island, NY 10305 Starpoint Solutions (212) 962-1550 Jeff Najarian $85.0 $77.0 650 Contract and permanent technology December 115 Broadway www.starpoint.com Chief executive staffing, enterprise software and 192 New York, NY 10006 application development services Chloe Foods Corp. (718) 827-9000 Andrew Themis $85.0 $77.0 500 Food manufacturer and distributor December 3301 Atlantic Ave. www.chloefoods.com Chief executive 193 Brooklyn, NY 11208 Polarome International Inc. 2 (201) 333-8700 Pierre Bruell $82.0 $82.0 106 Essential oils, aromatic chemicals December 200 Theodore Conrad Drive www.polarome.com Chairman, chief executive 194 Jersey City, NJ 07305 Forbes Inc. 2 (212) 620-2200 Steve Forbes $78.8 $78.8 700 Magazine publishing December 60 Fifth Ave. www.forbes.com President, chief executive 195 New York, NY 10011 Lafayette 148 New York (212) 965-9606 Shun Yen Siu $75.0 $58.0 110 Women’s apparel wholesaler December 148 Lafayette St. www.lafayette148.com Chief executive 196 New York, NY 10013
COMPANY SPOTLIGHT LEISURED FORBESES STAND BY THEIR MAG TOP 5 IN EMPLOYEES THE COMPANIES Forbesremains a must-read for those keeping tabs on the 400 rich- WITH THE MOST STAFFERS IN 2007 FORBES est people in the country. But the members of the Forbes fami- Company/ Total Projected 2007 ly,which has controlled the magazine since its founding in 1917, overall rank employees revenues sure look like folks preparing to cash out and spend more time Advance Publications (#3) 28,000 $7,700.0 on their yachts. Last year, the family sold a rumored 40% stake #195 in its media company to Elevation Partners for $300 million. Trump Organization (#1) 22,450 $10,650.0 The Forbeses are also trying to sell their company’s Green- wich Village headquarters. That said, the family will remain in Guardsmark (#51) 19,254 $551.1 landov charge, according to boss Steve Forbes (left). Ad pages at the magazine are holding up better than at rivals BusinessWeek and Hearst (#5) 17,062 $4,520.0 Fortune, and Forbes’ Web site is one of the most popular sources of business news, with more than 9 million unique visitors per month. —aaron elstein Steve and Barry’s (#30) 15,000 $1,100.0
20 | Crain’s New York Business | book of lists 2008 COMPANIES
Projected 2007 2007 total revenues 2006 revenues company Rank Company Phone/Web site Top executive(s) (in millions) (in millions) employees1 Nature of business Year end
Inner City Broadcasting Corp. (212) 447-1000 Pierre M. Sutton $74.0 $69.0 350 Radio broadcasting December 3 Park Ave. www.wbls.com Chairman, chief executive 197 New York, NY 10016 Combe Inc. 2 (914) 694-5454 Christopher B. Combe $71.0 $71.0 240 Health and beauty aids manufacturer June 1101 Westchester Ave. www.combe.com President 198 White Plains, NY 10604 Gracious Home (212) 517-6300 Natan Wekselbaum $70.0 $65.0 435 Retail housewares, hardware, paint, December 1220 Third Ave. www.gracioushome.com President home furnishings, lighting, 199 New York, NY 10021 plumbing and luggage Volmar Construction Inc. (718) 832-2444 Artemios Marinakis $70.0 $65.4 74 Nonresidential and government December 4400 Second Ave. www.volmar.com President construction 200 Brooklyn, NY 11232 John P. Volandes Vice president New York area includes New York City and Westchester, Nassau and Suffolk counties in New York, and Bergen, Essex, Hudson and Union counties in New Jersey. In case of tied figures, companies are ranked by total number of employees. If those figures are tied, companies are ranked in alphabetical order. n/a Not available. For companies that supplied revenue figures, 2007 figures are projections for those with fiscal years ending in October through December, and 2007 figures are actual for those with fiscal years ending in January through September, unless otherwise noted. 1-Full-time and full-time-equivalent, as of Sept. 30. 2-Company did not respond to this year’s survey of privately held companies. Some data are Crain’s estimates based on other published information. 3-Some information, excluding 2007 revenue projections, was submitted or verified by the company. Revenue data are Crain’s projections based on other published information. 4-As of June 30. 5-As of Aug. 30. 6-Pro forma estimate reflecting the acquisition of InfoHighway Communications on May 31, 2007, and ATX Communications on Oct. 12, 2006. 7-Crain’s estimate. 8-Company estimate. Research: Denise Southwood, Adrianne Pasquarelli, Sarah Studley and Heather Holland
PRIVATELY HELD COMPANIES ALPHABETICAL LISTING
COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK
A & E Stores Inc. and Associated Companies ______76 Associated Global Systems Inc. ______153 Broadview Network ______56 Cumberland Packing Corp. ______147 EMO Trans Inc. ______131
A. Zerega’s Sons Inc. ______175 Atalanta Corp. ______44 By Design ______139 Curry Automotive ______59 Empire Office Inc. ______94
ABC Carpet & Home ______140 Atlantic Express Transportation Group Inc. ______70 Capital Access Network Inc. ______103 Curtis Instruments Inc. ______155 Ergonomic Group Inc. ______100
ABCO Refrigeration Supply Corp. ______138 Aurora Contractors Inc. ______148 Carole Hochman Design Group Inc. ______144 D’Addario & Co. ______169 Fedway Associates Inc. ______53
ACuPowder International ______177 Bad Boy Worldwide Entertainment Group ______60 Central National-Gottesman Inc. ______12 Daffy’s Inc. ______133 Forbes Inc. ______195
Advance Publications Inc. ______3 Bamberger Polymers Inc. ______54 Charmer Sunbelt Group ______8 D’Agostino Supermarkets Inc. ______135 FreshDirect ______115
Aeroflex Inc. ______49 Banfi Products Corp. ______95 Chloe Foods Corp. ______193 Dan’s Supreme Supermarkets Inc. ______160 FUBU the Collection ______80
AFD Contract Furniture Inc. ______106 Barr & Barr Inc. ______75 CIC International Ltd. ______35 Davis & Warshow Inc. ______185 Futter Lumber Corp. ______113
Alcott Group ______112 Bartlett Dairy Inc. ______162 Clare Rose Inc. ______124 DeFoe Corp. ______186 Gould Paper Corp. ______29
Amerex Group Inc. ______176 Bayside Fuel Oil Depot Corp. ______122 Combe Inc. ______198 Denihan Hospitality Group ______117 Goya Foods Inc. ______27
Americon Construction Inc. ______143 Beneath Your Sole Inc. ______93 Condal Distributors Inc. ______188 Dial-A-Mattress Operating Corp. ______170 Gracious Home ______199
Amscan Holdings Inc. ______26 Benfield Electric Supply Co. ______173 Conference Associates Inc. ______151 DiCarlo Distributors Inc. ______163 Great Neck Saw Manufacturers Inc. ______158
Andron Construction Corp. ______157 Berger Group Holdings Inc. ______38 Connell Co. ______23 Duane Reade Inc. ______22 Guardsmark ______51
Anvil Holdings Inc. ______129 Beyer Farms Inc. ______136 ContiGroup Cos. ______21 Dyson-Kissner-Moran Corp. ______55 GYMA Laboratories of America Inc. ______127
Apple & Eve ______121 Bloomberg ______4 Corinthian Communications Inc. ______83 Eileen Fisher Inc. ______99 Haights Cross Communications Inc. ______111
ASI System Integration Inc. ______181 Blue Tee Corp. ______33 Croscill Inc. ______109 E-J Electric Installation Co. ______134 Continued on page 22
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book of lists 2008 | Crain’s New York Business | 21 COMPANIES
PRIVATELY HELD COMPANIES ALPHABETICAL LISTING
COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK
Continued from Page 21 Hunter Roberts Construction Group ______42 ISO ______39 Lebhar-Friedman Inc. ______178 Max Kahan Inc. ______71
Hanover Direct Inc. ______74 IBEX Construction ______141 J&R Music and Computer World ______82 Leon D. DeMatteis Construction Corp. ______154 MBI Group ______190
Hapco Farms ______96 ICC Industries Inc. ______20 Jack Schwartz Shoes Inc. ______180 Levine Builders ______142 Meadows Office Furniture Co. ______189
Harbor Seafood Inc. ______110 ICP Inc. ______191 Jetro Cash & Carry Enterprises ______63 Leviton Manufacturing Co. ______40 Modell’s Sporting Goods ______43
Harold Levinson Associates Inc. ______41 ILC Industries Inc. ______108 Jimlar Corp. ______88 Liberty Maritime Corp. ______150 Morgan Contracting Corp. ______102
Hayward Industries Inc. ______123 Imperial Bag & Paper Co. ______167 Judlau Contracting Inc. ______101 Loren Communications International Ltd. ______161 Nathel & Nathel Inc. ______120
Hearst Corp. ______5 Information Builders ______89 Key Food Stores Co-Operative Inc. ______66 LVI Services Inc. ______87 National Envelope Corp. ______37
Henegan Construction Co. ______91 Inner City Broadcasting Corp. ______197 Kinray Inc. ______7 M.A. Angeliades Inc. ______105 National Spinning Co. ______183
Horizon Media Inc. ______19 Innovative Stone ______152 Kozy Shack Enterprises Inc. ______132 Malcolm Pirnie ______81 Nebraskaland Inc. ______119
HRH Construction ______57 Inserra Supermarkets Inc. ______31 Krasdale Foods Inc. ______48 Manhattan Beer Distributors ______47 Newark Group Inc. ______36
Hudson News Co. ______34 Intercounty Appliance Corp. ______104 Lafayette 148 New York ______196 Marchon Eyewear Inc. ______58 Newmark Holdings ______52
North Jersey Media Group Inc. ______116
NPD Group Inc. ______114
P.C. Richard & Son ______25
PB (Parsons Brinckerhoff) ______18
Personal-Touch Home Care Inc. ______97
Phibro Animal Health Corp. ______68
Plaza Construction Corp. ______32
Polarome International Inc. ______194
Publishers Clearing House ______45
Quality King Distributors Inc. ______15
Quick International Courier ______146
R.A.B. Holdings Inc. ______69
Rallye Motors Holding ______46
Reader’s Digest Association Inc. ______14
Red Apple Group Inc. ______10
Renco Group Inc. ______9
Reserve Management Corp. ______126
Riese Organization ______172
Rosenthal & Rosenthal Inc. ______6
Russell Reynolds Associates ______62
Sam Ash Music Corp. ______78
Sbarro Inc. ______85
Schonfeld Group ______90
Service By Air Inc. ______168
Shevell Group of Companies ______61
© 2007 Consolidated Edison Company of New York, Inc. Ad: UniWorld Group, Inc. Photos: John Pinderhughes Inc. Ad: UniWorld © 2007 Consolidated Edison Company of New York, Shubert Organization Inc. ______72
Sid Harvey Industries Inc. ______164
Sigma Plastics Group ______24
Silverite Construction Co. ______166
Sleepy’s Inc. ______77
Software Engineering of America Inc. ______118
Solomon-Page Group ______149
Southern Container Corp. ______73
Spraylat Corp. ______165
Stark Carpet Corp. ______130
Starpoint Solutions ______192
Steve and Barry’s ______30
Structure Tone Inc. ______11
Studley ______92
Stuyvesant Fuel Service Corp. ______65
Sugar Foods Corp. ______79
Supreme Oil Co. ______98
Tecna Corp. ______107
Terminal Construction Corp. ______137
Thornton Tomasetti ______184
Lou Switzer, Chairman & CEO, The Switzer group (architectural design); Danielle Buenaventura, President, WJL Equities Corp. Tishman Construction Corp. ______13 (contractor); Meredith McRoberts, President & CEO, McRoberts Protective Agency; Tony Singh, President, Fine Painting. Transammonia Inc. ______2
Transervice Lease Corp. ______156
TransPerfect Inc. ______145 Con Edison Is ON IT– Tri-Line Contracting ______187 Trump Organization ______1
Tully Construction Co. ______67 And We’ve Got Company. Turtle & Hughes Inc. ______84 Univision Communications Inc. ______17
In fact, more than 300 companies in and around New York do business with Con Edison through USI Holdings Corp. ______50 our Supplier Diversity Program. Entrepreneurs like these who partner with Con Edison become the Visant Holding Corp. ______28 Vision Financial Markets ______171 economic engines that keep New York on the move. Vista Food Exchange Inc. ______125
VJB Construction Corp. ______86
You could be one of them. Con Edison. ON IT. Volmar Construction Inc. ______200
VRH Construction Corp. ______159
Waitex Group of Companies ______174 Visit www.conEd.com/supplierdiversity or call Joy Crichlow, Director, Waldner’s Business Environments ______182 Con Edison Supplier Diversity Program at 212-460-3076. Weeks Marine Inc. ______64 Westcon Group Inc. ______16
Wm. Blanchard Co. ______179
Ziff Davis Holdings Inc. ______128
22 | Crain’s New York Business | book of lists 2008 This chart was first published July 23, 2007 COMPANIES New York’s Professional Sports Teams Ranked by 2006 attendance
2006 season DID YOU KNOW? 2006 record 2006 number win-loss Factoids on local teams. Rank Team name Phone/Web site Team ownership attendance1 of games2 (ties) Major corporate sponsors Professional league
New York Yankees 3 (718) 293-4300 George Steinbrenner 4,200,518 81 97-65 Anheuser-Busch, Adidas, Bank of Major League NAMES originally 161st Street and www.yankees.com America, Continental Airlines, Verizon Baseball considered for the 1 River Avenue Communications Bronx, NY 10451 Mets included the New York Mets (718) 507-6387 Fred Wilpon 3,379,551 81 97-65 Anheuser-Busch, Delta Air Lines, Major League Burros (as in 123-01 Roosevelt Ave. www.mets.com General Motors Chevrolet, Toyota Baseball boroughs) and the 2 Flushing, NY 11368 Motor Sales, Verizon Communications Avengers.
New York Knicks (212) 465-6471 Cablevision Systems 770,617 41 33-49 n/a National Basketball KNICKS fans can 5 Penn Plaza www.nyknicks.com Association 3 New York, NY 10121 buy a season ticket for $4,840 New York Rangers (212) 465-6000 Cablevision Systems 746,200 41 42-30 Advanced Micro Devices, National Hockey and buy the 2 Penn Plaza www.newyorkrangers.com American Express, Anheuser-Busch, League same seat for New York, NY 10121 Canon, Continental Airlines 4 the playoffs—if New Jersey Nets (201) 935-8888 Brooklyn Basketball 693,955 41 41-41 ADT Security Services, National Basketball the team makes 390 Murray Hill Parkway www.njnets.com Anheuser-Busch, Cushman & Association it that far.
5 East Rutherford, NJ 07073 Wakefield, Toyota Motor Sales, Vonage getty images OF THE FIVE New York Giants (201) 935-8111 Mara and Tisch families 628,910 8 8-8 Anheuser-Busch, Gatorade, National Football 50 Route 120 East www.giants.com MasterCard, Toyota Motor Sales, League teams that 6 East Rutherford, NJ 07073 Verizon Wireless joined the NFL in 1925, only the New York Jets (516) 560-8100 Robert Wood Johnson IV 618,563 8 10-6 Anheuser-Busch, Coor’s Light, National Football Giants are still in 1000 Fulton Ave. www.newyorkjets.com North Fork Bank, Sprint Nextel, League existence. They Hempstead, NY 11550 Toyota Motor Sales 7 won their first title in 1927. New Jersey Devils (201) 935-6050 Jeffrey Vanderbeek 581,225 4 41 46-27 Anheuser-Busch, Horizon Health, National Hockey 50 Route 120 North www.newjerseydevils.com (9) Modell’s Sporting Goods, PepsiCo, League ISLANDERS season- 8 East Rutherford, NJ 07073 Verizon Communications ticket holders can buy a child’s New York Islanders (516) 501-6700 Charles Wang 528,331 41 40-30 Allstate, Modell’s Sporting Goods, National Hockey 1535 Old Country Road www.newyorkislanders.com New York State Lottery, North Fork League season ticket, 9 Plainview, NY 11803 Bank, Re/Max called the Kids Pass, for $420. Long Island Ducks (631) 940-3825 Frank Boulton, 419,150 70 73-53 Long Island Power Authority, Newsday, Atlantic League 3 Court House Drive www.liducks.com Bud Harrelson North Fork Bank, PepsiCo, Sabrett THE CYCLONES will hold 10 Central Islip, NY 11722 Brooklyn Borough Brooklyn Cyclones 5 (718) 449-8497 Sterling Equities 289,323 38 41-33 1-800-Flowers, Anheuser-Busch Minor League President Marty 1904 Surf Ave. www.brooklyncyclones.com Budweiser, Bank of America, HBO, Baseball Markowitz bobblehead KeySpan 11 Brooklyn, NY 07102 night on Aug. 5. newsbloomberg
New York Red Bulls (201) 583-7000 Red Bull GmbH 233,112 11 9-11 Adidas, Crowne Plaza, Hospital for Major League Soccer 1 Harmon Plaza www.newyorkredbulls.com (12) Special Surgery RED BULLS 12 Secaucus, NJ 07094 season- ticket holders can Newark Bears (973) 848-1000 Marc Berson 178,132 72 42-83 New Jersey Institute of Technology, Atlantic League meet players, 450 Broad St. www.newarkbears.com Prudential, PSE&G, Rutgers Newark, coaches and 13 Newark, NJ 07102 St. Barnabas Health Care Systems staff after each New Jersey Jackals (973) 746-7434 Floyd Hall 122,459 52 43-48 Danbury Arena, Essex Equestrian Canadian American match. 1 Hall Drive www.jackals.com Center, Floyd Hall Arena, PepsiCo., Association of getty images 14 Little Falls, NJ 07424 Yogi Berra Museum & Learning Center Professional Baseball THE STATEN ISLAND Yankees Staten Island Yankees (718) 720-9265 Steinbrenner Family Trust 115,395 38 45-29 Con Edison, New York Daily News, Minor League 75 Richmond Terrace www.siyanks.com Richmond County Savings Bank, Baseball offer ticket plans 15 Staten Island, NY 10301 Staten Island Physicians Practice, including “all you Verizon Communications can eat.’’ New York Liberty (212) 564-9622 Cablevision Systems 115,048 17 11-23 American Express, Coca-Cola, Foot Women’s National 2 Penn Plaza www.wnba.com/liberty Locker, Hospital for Special Surgery, Basketball Association THE DRAGONS 16 New York, NY 10121 Hotels.com came to Long New York Dragons 5 (516) 501-6700 Charles Wang 75,516 8 5-11 Geico, Holiday Inn, Motorola, New Arena Football Island in 2001 1535 Country Road www.newyorkdragons.com York State Lottery, State Farm, League from Des 17 Plainview, NY 11803 Ultimate Class Limousine Moines, where they were the New York Titans (212) 537-6850 Gary Rosenbach 61,262 8 4-12 Academy Bus, GoSmile, Lacrosse National Lacrosse 420 Lexington Ave. www.nytitanslacrosse.com Unlimited, South Nassau Hospital, League Iowa 18 New York, NY 10170 Sports Physical Therapy of New York Barnstormers. getty images Long Island Lizards (631) 424-2606 Bishop Family, Ray Suris, 28,372 6 5-7 Commerce Bank, Competitive Athlete Major League STRONG ISLAND 900 Walt Whiman Road www.longislandlizards.com Don Casadonte, George Training Zone, Dr. Richard Lacrosse SOUND offers 19 Melville, NY 11747 Diffendale D’Agostino, Dave & Busters, Great Neck Standup MRI $150 individual Strong Island Sound (631) 207-2227 Michele Wuestman, 9,214 17 20-13 U.S. Army American Basketball evaluations; 31 West Main St. www.strongislandsound.com Darren Cioffi Association those who pass 20 Patchogue, NY 11772 earn a spot at team tryouts.
Brooklyn Kings did not respond to this year’s survey. New York area includes New York City and Nassau, Suffolk and Westchester counties in New York, and Bergen, Essex, Hudson and Union counties in New Jersey. Crain’s New York Business uses staff research, extensive surveys and the most current references available to produce its lists, but there is no guarantee that the listings are complete. To qualify for this list, a professional team must be located in the New York area. All information was supplied by the teams, unless otherwise noted. For teams that did not respond to our surveys, some information/figures are based on published sources that include ESPN.com, Forbes, team Web sites and leagues. n/a Not available. 1-Home attendance for the team’s most recently completed season. 2-Home games for the team’s most recently completed season. 3-Team declined to respond to this year’s survey. Some information/figures are Crain’s estimates based on other published information. 4-Team declined to provide figure. Number obtained from ESPN.com. 5-Team did not to respond to this year’s survey. Some information/figures are Crain’s estimates based on other published information. Research: Denise Southwood, Adrianne Pasquarelli and Kathleen Morgenier
book of lists 2008 | Crain’s New York Business | 23 This chart was first published May 28, 2007 COMPANIES NY Area’s Largest Publicly Held Companies Ranked by annual revenues
this list ranks by 2006 revenues the 250 on Long Island, or in one of four counties in McGraw-Hill Cos., from its database of year-earlier levels, industry and number of largest publicly held companies in the New northern New Jersey: Bergen, Essex, Hud- publicly held companies. employees. York area covered by Crain’s New York Business. son or Union. The list provides each company’s head- Results from previous years are provided Companies must have their headquarters The following information was compiled quarters address, phone, Web site, 2006 rev- for those companies for which 2006 infor- in New York City, in Westchester County, by Standard & Poor’s, a division of The enues and net income, percent change from mation is not available.
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Citigroup Inc. (C) (212) 559-1000 $146,905.0 +22.7% $21,538.0 -12.4% Financial services 399 Park Ave., New York, NY 10043 www.citigroup.com 337,000
1 ▼ American International Group Inc. (AIG) (212) 770-7000 $113,489.0 +4.7% $14,048.0 +34.1% Insurance 2 70 Pine St., New York, NY 10270 www.aigcorporate.com 16,000 J.P. Morgan Chase & Co. (JPM) (212) 270-6000 $99,302.0 +25.3% $14,444.0 +70.3% Financial services 3 270 Park Ave., New York, NY 10017 www.jpmorganchase.com 174,360 International Business Machines Corp. (IBM) (914) 499-1900 $91,424.0 +0.3% $9,492.0 +19.6% Computers and office products 4 1 New Orchard Road, Armonk, NY 10504 www.ibm.com 355,766 Verizon Communications Inc. (VZ) (212) 395-1000 $88,144.0 +26.8% $6,197.0 -16.2% Telecommunications 5 140 West St., New York, NY 10007 www.verizon.com 242,000 CITIGROUP Morgan Stanley 1 (MS) (212) 761-4000 $76,551.0 +47.0% $7,472.0 +51.3% Securities 6 1585 Broadway, New York, NY 10036 www.morganstanley.com 55,310 The world’s largest, Altria Group Inc. (MO) (917) 663-4000 $70,324.0 +2.0% $12,022.0 +15.2% Tobacco and food products most profitable bank 7 120 Park Ave., New York, NY 10017 www.altria.com 175,000 doesn’t get a lot of love Goldman Sachs Group Inc. 1 (GS) (212) 902-1000 $69,353.0 +59.8% $9,537.0 +69.5% Securities from Wall Street. If 8 85 Broad St., New York, NY 10004 www.goldmansachs.com 26,467 Chief Executive Charles Merrill Lynch & Co. (MER) (212) 449-1000 $68,622.0 +43.6% $7,499.0 +46.6% Securities Prince doesn’t lift the 9 4 World Financial Center, New York, NY 10080 www.ml.com 56,200 giant’s chronically MetLife Inc. (MET) (212) 578-2211 $48,396.0 +8.3% $6,293.0 +33.5% Insurance underperforming stock 10 200 Park Ave., New York, NY 10166 www.metlife.com 47,000 price soon, he could be Pfizer Inc. (PFE) (212) 573-2323 $48,201.0 +1.7% $19,337.0 +139.2% Pharmaceuticals ousted or the company 11 235 E. 42nd St., New York, NY 10017 www.pfizer.com 98,000 broken up. Lehman Brothers Holdings Inc. 1 (LEH) (212) 526-7000 $46,709.0 +44.1% $4,007.0 +22.9% Securities 12 745 Seventh Ave., New York, NY 10019 www.lehman.com 25,936 Time Warner Inc. (TWX) (212) 484-8000 $44,224.0 +4.3% $6,552.0 +145.3% Entertainment media online services 13 1 Time Warner Center, New York, NY 10019 www.timewarner.com 92,700 Medco Health Solutions Inc. (MHS) (201) 269-3400 $42,498.7 +12.2% $630.2 +4.7% Pharmacy benefits management 14 100 Parsons Pond Drive, Franklin Lakes, NJ 07417 www.medco.com 15,700 PepsiCo Inc. (PEP) (914) 253-2000 $35,137.0 +7.9% $5,642.0 +38.4% Food and beverage products 15 700 Anderson Hill Road, Purchase, NY 10577 www.pepsico.com 168,000 Prudential Financial Inc. (PRU) (973) 802-6000 $32,484.0 +2.7% $3,428.0 -3.2% Insurance 16 751 Broad St., Newark, NJ 07102 www.prudential.com 39,814 Alcoa Inc. (AA) (212) 836-2674 $30,379.0 +18.8% $2,248.0 +82.3% Alumina and aluminum products 17 390 Park Ave., New York, NY 10022 www.alcoa.com 123,000 NEWS CORP. Hess Corp. (HES) (212) 997-8500 $28,067.0 +23.4% $1,916.0 +54.3% Petroleum It’s never dull in the 18 1185 Sixth Ave., New York, NY 10036 www.hess.com 13,700 world of Rupert American Express Co. (AXP) (212) 640-2000 $27,136.0 +12.7% $3,707.0 -0.7% Financial services Murdoch. Last week’s 19 200 Vesey St., New York, NY 10285 www.americanexpress.com 65,400 big story: Will the 2 News Corp. (NWS.A) (212) 852-7000 $25,327.0 +6.2% $2,314.0 +8.7% Entertainment and media scandal engulfing 1211 Sixth Ave., New York, NY 10036 www.newscorp.com 47,300 20 ▼ the New York Post’s Bristol-Myers Squibb Co. (BMY) (212) 546-4000 $17,914.0 -6.7% $1,585.0 -47.2% Pharmaceuticals 345 Park Ave., New York, NY 10154 www.bms.com 43,000 Page Six foil his bid to 21 acquire the august Wall Loews Corp. (LTR) (212) 521-2000 $17,203.5 +12.1% $2,491.3 +105.6% Holding company 22 667 Madison Ave., New York, NY 10021 www.loews.com 21,600 Street Journal? And will Bear Stearns Cos. 1 (BSC) (212) 272-2000 $16,551.4 +43.3% $2,053.9 +40.5% Securities Fox News’ coverage of 23 383 Madison Ave., New York, NY 10179 www.bearstearns.com 13,566 the flap be fair and CBS Corp. (CBS) (212) 975-4321 $14,320.2 +1.5% $1,660.5 n/m Entertainment and media balanced? 24 51 W. 52nd St., New York, NY 10019 www.cbscorporation.com 23,654 Arrow Electronics Inc. (ARW) (631) 847-2000 $13,577.1 +21.6% $388.3 +53.1% Electronics 25 50 Marcus Drive, Melville, NY 11747 www.arrow.com 12,000 Pepsi Bottling Group Inc. (PBG) (914) 767-6000 $12,730.0 +7.1% $522.0 +12.0% Beverages 26 1 Pepsi Way, Somers, NY 10589 www.pbg.com 70,400 L-3 Communications Holdings Inc. (LLL) (212) 697-1111 $12,476.9 +32.1% $526.1 +3.5% Communication systems 27 600 Third Ave., New York, NY 10016 www.l-3com.com 63,700 Colgate-Palmolive Co. (CL) (212) 310-2000 $12,237.7 +7.4% $1,353.4 +0.1% Health and beauty aids 28 300 Park Ave., New York, NY 10022 www.colgate.com 34,700 Public Service Enterprise Group Inc. (PEG) (973) 430-7000 $12,164.0 0.0% $743.0 +11.7% Electric and gas utility 29 80 Park Plaza, Newark, NJ 07102 www.pseg.com 9,836 CON ED Consolidated Edison Inc. (ED) (212) 460-4600 $12,137.0 +4.3% $748.0 +2.5% Electric and gas utility CEO Kevin Burke 4 Irving Place, New York, NY 10003 www.conedison.com 14,795 30 ▼ can’t be having fun. Marsh & McLennan Cos. (MMC) $11,921.0 (212) 345-5000 +3.0% $990.0 +145.0% Insurance After being blasted by 31 1166 Sixth Ave., New York, NY 10036 www.mmc.com 55,200 Viacom Inc. (VIAB) (212) 258-6000 $11,466.5 +19.3% $1,592.1 +26.7% Film production and cable television regulators for last 32 1515 Broadway, New York, NY 10036 www.viacom.com 10,600 summer’s blackout in Omnicom Group Inc. (OMC) (212) 415-3600 $11,376.9 +8.5% $864.0 +9.3% Advertising agencies Queens, the utility is 33 437 Madison Ave., New York, NY 10022 www.omnicomgroup.com 66,000 asking for a hefty rate Schering-Plough Corp. (SGP) (908) 298-4000 $10,547.0 +10.9% $1,143.0 +324.9% Pharmaceuticals hike—presumably to 34 2000 Galloping Hill Road, Kenilworth, NJ 07033 www.schering-plough.com 33,500 make prolonged Bank of New York Mellon Corp. (BK) (212) 495-1784 $9,062.0 +23.0% $3,011.0 +91.7% Banking outages less frequent. 1 Wall St., New York, NY 10286 www.bankofny.com 22,961 35 newsbloomberg Continued
24 | Crain’s New York Business | book of lists 2008
COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Automatic Data Processing Inc. 2 (ADP) (973) 974-5000 $8,881.5 +11.2% $1,554.0 +47.2% Data processing 36 1 ADP Blvd., Roseland, NJ 07068 www.adp.com 46,000 Avon Products Inc. (AVP) (212) 282-5000 $8,763.9 +7.5% $477.6 -43.7% Health and beauty aids 37 1345 Sixth Ave., New York, NY 10105 www.avoncompany.com 40,300 Hertz Global Holdings Inc. (HTZ) (201) 307-2000 $8,058.4 +7.9% $115.9 -66.9% Trucking 38 225 Brae Blvd., Park Ridge, NJ 07656 www.hertz.com 31,500 Assurant Inc. (AIZ) (212) 859-7000 $7,963.2 +6.8% $717.4 +49.7% Insurance 1 Chase Manhattan Plaza, New York, NY 10005 www.assurant.com 13,400 ASSURANT
39 ▼ ITT Corp. (ITT) (914) 641-2000 $7,807.9 +10.9% $581.1 +61.6% Defense systems and services The insurance 40 4 W. Red Oak Lane, White Plains, NY 10604 www.itt.com 37,500 company, whose KeySpan Corp. (KSE) (718) 403-1000 $7,181.6 -6.3% $434.2 +11.3% Electric and gas utility premiums increased 41 1 MetroTech Center, Brooklyn, NY 11201 www.keyspanenergy.com 9,594 only 2% last year, is CIT Group Inc. (CIT) (212) 771-0505 $6,927.7 +26.6% $1,046.0 +10.2% Commercial and consumer finance running hard but still 42 505 Fifth Ave., New York, NY 10017 www.cit.com 7,345 can’t get ahead. A key 3 Great Atlantic & Pacific Tea Co. (GAP) (201) 573-9700 $6,850.3 -21.6% $26.9 -93.2% Grocery stores business is distributing 2 Paragon Drive, Montvale, NJ 07645 www.aptea.com 38,000 43 credit insurance Bed Bath & Beyond Inc. 3 (BBBY) (908) 688-0888 $6,617.4 +13.9% $594.2 +3.7% Domestic goods, home furnishings 650 Liberty Ave., Union, NJ 07083 www.bedbathandbeyond.com 35,000 through credit card 44 companies. But Dover Corp. (DOV) (212) 922-1640 $6,511.6 +22.1% $561.8 +10.1% Industrial equipment 45 280 Park Ave., New York, NY 10017 www.dovercorporation.com 33,000 Assurant has little room Estée Lauder Cos. 2 (EL) (212) 572-4200 $6,463.8 +2.9% $244.2 -39.9% Health and beauty aids to grow, because it 46 767 Fifth Ave., New York, NY 10153 www.elcompanies.com 26,200 already counts six of IAC/InterActiveCorp (IACI) (212) 314-7300 $6,277.6 +15.9% $192.6 -78.0% Television and Internet interests the 10 largest U.S. card 47 152 W. 57th St., New York, NY 10019 www.iac.com 20,000 issuers as customers. Quest Diagnostics Inc. (DGX) (201) 393-5000 $6,268.7 +14.9% $586.4 +7.3% Medical laboratories 48 1290 Wall St. West, Lyndhurst, NJ 07071 www.questdiagnostics.com 41,000 McGraw-Hill Cos. (MHP) (212) 512-2000 $6,255.1 +4.2% $882.2 +4.5% Publishing and information services 49 1221 Sixth Ave., New York, NY 10020 www.mcgraw-hill.com 20,214 Interpublic Group of Companies Inc. (IPG) (212) 704-1200 $6,190.8 -1.3% ($31.7) n/m Advertising agencies 50 1114 Sixth Ave., New York, NY 10036 www.interpublic.com 42,000 Starwood Hotels & Resorts Worldwide Inc. (HOT) (914) 640-8100 $5,979.0 0.0% $1,043.0 +147.2% Hotels 51 1111 Westchester Ave., White Plains, NY 10604 www.starwoodhotels.com 145,000 Cablevision Systems Corp. (CVC) (516) 803-2300 $5,927.5 +14.6% ($126.5) n/m Cable and pay television 52 1111 Stewart Ave., Bethpage, NY 11714 www.cablevision.com 16,218 Becton Dickinson & Co. 4 (BDX) (201) 847-6800 $5,840.2 +7.9% $752.3 +4.2% Medical equipment and supplies 53 1 Becton Drive, Franklin Lakes, NJ 07417 www.bd.com 26,990 Foot Locker Inc. 5 (FL) (212) 720-3700 $5,750.0 +1.7% $251.0 -4.9% Shoe stores 54 112 W. 34th St., New York, NY 10120 www.footlocker-inc.com 45,406 Asbury Automotive Group Inc. (ABG) (212) 885-2500 $5,748.3 +6.2% $60.7 -0.5% Auto dealerships 55 622 Third Ave., New York, NY 10017 www.asburyauto.com 8,300 Barnes & Noble Inc. 5 (BKS) (212) 633-3300 $5,261.3 +3.1% $150.5 +2.6% Bookstores 56 122 Fifth Ave., New York, NY 10011 www.barnesandnobleinc.com 39,000 Henry Schein Inc. (HSIC) (631) 843-5500 $5,153.1 +11.2% $163.8 +17.2% Medical and hospital equipment 57 135 Duryea Road, Melville, NY 11747 www.henryschein.com 11,400 Liz Claiborne Inc. (LIZ) (212) 354-4900 $4,994.3 +3.0% $254.7 -19.8% Apparel 58 1441 Broadway, New York, NY 10018 www.lizclaiborne.com 17,000 Jones Apparel Group Inc. (JNY) (212) 642-3860 $4,742.8 -6.5% ($144.1) n/m Apparel 59 1411 Broadway, New York, NY 10018 www.jny.com 16,485 Sealed Air Corp. (SEE) (201) 791-7600 $4,327.9 +5.9% $274.1 +7.2% Packaging 60 200 Riverfront Blvd., Elmwood Park, NJ 07407 www.sealedair.com 17,400 Transatlantic Holdings Inc. (TRH) (212) 770-2000 $4,049.5 +7.5% $428.2 +1,029.4% Insurance 61 80 Pine St., New York, NY 10005 www.transre.com 515 E*Trade Financial Corp. (ETFC) (646) 521-4300 $3,848.4 +51.0% $628.9 +46.1% Financial services E*TRADE 135 E. 57th St., New York, NY 10022 www.etrade.com 4,126
62 ▼ The online discount Jarden Corp. (JAH) (914) 967-9400 $3,846.3 +20.6% $106.0 +74.6% Consumer products stockbroker has 555 Theodore Fremd Ave., Rye, NY 10580 www.jarden.com 20,000 63 grabbed the holy grail CA Inc. 6 (CA) (631) 342-6000 $3,796.0 +5.4% $159.0 +562.5% Software 1 CA Plaza, Islandia, NY 11749 www.ca.com 16,000 of financial services— 64 diversification—and Polo Ralph Lauren Corp. 6 (RL) (212) 318-7000 $3,746.3 +13.3% $308.0 +61.8% Apparel 65 650 Madison Ave., New York, NY 10022 www.polo.com 12,800 now gets more Warner Music Group Corp. 4 (WMG) (212) 275-2000 $3,516.0 +0.4% $60.0 n/m Record labels revenues from 66 75 Rockefeller Plaza, New York, NY 10019 www.wmg.com 4,000 banking than it does MasterCard Inc. (MA) (914) 249-2000 $3,326.1 +13.2% $50.2 -81.2% Payment solutions from its brokerage 67 2000 Purchase St., Purchase, NY 10577 www.mastercard.com 4,600 business. New York Times Co. (NYT) (212) 556-1234 $3,289.9 +1.8% ($543.4) n/m Publishing 68 229 W. 43rd St., New York, NY 10036 www.nytco.com 11,585 Vornado Realty Trust (VNO) (212) 894-7000 $2,974.0 +7.9% $560.1 +3.8% Real estate investment trust 69 888 Seventh Ave., New York, NY 10019 www.vno.com 3,477 6 Continued
Rank Rank on 2007 on 2007 TOP 10 Market publicly Market publicly IN EQUITY Company (Ticker symbol) capitalization held list Company (Ticker symbol) capitalization held list 1 Citigroup Inc. (C) $265,255.9 1 6 Altria Group Inc. (MO) $144,530.8 7 MARKET 2 Pfizer Inc. (PFE) $188,501.0 11 7 Verizon Communications Inc. (VZ) $110,850.4 5 CAPITALIZATION 3 American International Group Inc. (AIG) $181.849.6 2 8 PepsiCo Inc. (PEP) $107,792.8 15 4 J.P. Morgan Chase & Co. (JPM) $177,988.8 3 9 Goldman Sachs Group Inc. (GS) $89,918.0 8 5 International Business Machines Corp. (IBM) $151,764.2 4 10 Morgan Stanley (MS) $89,188.7 6 Market capitalization is the closing stock price on April 30, 2007, multiplied by the number of common shares outstanding for the most recent quarter. Source: Standard & Poor’s, a division of The McGraw-Hill Cos.
26 | Crain’s New York Business | book of lists 2008
COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Forest Laboratories Inc. 6 (FRX) (212) 421-7850 $2,912.1 -6.5% $708.5 -15.5% Pharmaceuticals 70 909 Third Ave., New York, NY 10022 www.frx.com 5,050 MBIA Inc. (MBI) (914) 273-4545 $2,680.5 +19.2% $819.3 +15.2% Insurance 71 113 King St., Armonk, NY 10504 www.mbia.com 492 Tiffany & Co. 5 (TIF) (212) 755-8000 $2,648.3 +10.6% $253.9 -0.3% Jewelry stores 72 727 Fifth Ave., New York, NY 10022 www.tiffany.com 8,900 NYSE Group Inc. (NYX) (212) 656-3000 $2,412.3 +44.6% $205.0 +403.0% Stock market 11 Wall St., New York, NY 10005 www.nyse.com 2,578
73 ▼ JetBlue Airways (JBLU) (718) 286-7900 $2,363.0 +38.9% ($1.0) n/m Airline 118-29 Queens Blvd., Forest Hills, NY 11375 www.jetblue.com 10,624 74 NYSE Systemax Inc. (SYX) (516) 608-7000 $2,345.2 +10.9% $45.1 +294.6% Computers and related products 75 11 Harbor Park Drive, Port Washington, NY 11050 www.systemax.com 3,287 Now that Chief Ann Taylor Stores Corp. 5 (ANN) (212) 541-3300 $2,342.9 +13.0% $143.0 +74.6% Apparel stores Executive John Thain 76 7 Times Square, New York, NY 10036 www.anntaylor.com 17,700 has opened up the Volt Information Sciences Inc. 7 (VOL) (212) 704-2400 $2,338.5 +7.4% $30.7 +79.9% Help supply services NYSE to the computer 77 560 Lexington Ave., New York, NY 10022 www.volt.com 46,000 age and expanded into Scholastic Corp. 8 (SCHL) (212) 343-6100 $2,283.8 +9.8% $68.6 +6.7% Publishing bond and options 78 557 Broadway, New York, NY 10012 www.scholastic.com 10,400 trading, what does the 9 IDT Corp. (IDT) (973) 438-1000 $2,226.4 +0.2% ($178.7) n/m Telecommunications future hold? Futures 520 Broad St., Newark, NJ 07102 www.idt.net 3,000 79 trading, perhaps. American Home Mortgage Investment Corp. (AHM) (516) 949-3900 $2,189.9 +65.6% $263.5 +1.1% Real estate investment trust 538 Broadhollow Road, Melville, NY 11747 www.americanhm.com 7,409 Analysts say he would 80 love to buy the New Sequa Corp. (SQA.A) (212) 986-5500 $2,183.8 +9.3% $65.6 +140.1% Aerospace 81 200 Park Ave., New York, NY 10166 www.sequa.com 10,155 York Mercantile Coach Inc. 2 (COH) (212) 594-1850 $2,111.5 +23.4% $494.3 +37.8% Leather products Exchange or 82 516 W. 34th St., New York, NY 10001 www.coach.com 7,500 Intercontinental BlackRock Inc. (BLK) (212) 810-5300 $2,098.0 +76.1% $322.6 +37.9% Investment advice Exchange. 83 40 E. 52nd St., New York, NY 10022 www.blackrock.com 5,113 International Flavors & Fragrances Inc. (IFF) (212) 765-5500 $2,095.4 +5.1% $226.5 +17.3% Artificial flavors and aromas 84 521 W. 57th St., New York, NY 10019 www.iff.com 5,087 Phillips-Van Heusen Corp. 5 (PVH) (212) 381-3500 $2,090.6 +9.5% $155.2 +39.0% Apparel 85 200 Madison Ave., New York, NY 10016 www.pvh.com 10,900 Moody’s Corp. (MCO) (212) 553-0300 $2,037.1 +17.6% $753.9 +34.4% Credit rating agency 86 99 Church St., New York, NY 10007 www.moodys.com 3,400 Children’s Place Retail Stores Inc. 5 (PLCE) (201) 558-2400 $2,017.7 +20.9% $84.6 +29.0% Apparel stores 87 915 Secaucus Road, Secaucus, NJ 07094 www.childrensplace.com 21,400
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28 | Crain’s New York Business | book of lists 2008 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Pall Corp. 9 (PLL) (516) 484-5400 $2,016.8 +6.0% $145.5 +3.3% Industrial equipment 88 2200 Northern Blvd., East Hills, NY 11548 www.pall.com 10,828 C.R. Bard Inc. (BCR) (908) 277-8000 $1,985.5 +11.6% $272.1 -19.3% Medical equipment and supplies 89 730 Central Ave., Murray Hill, NJ 07974 www.crbard.com 9,400 Jefferies Group Inc. (JEF) (212) 284-2300 $1,963.2 +31.1% $205.8 +30.7% Securities 90 520 Madison Ave., New York, NY 10022 www.jefco.com 2,254 Broadridge Financial Solutions Inc. 2 (BR) (201) 714-3000 $1,949.5 +12.9% $166.7 +0.8% Data processing 91 2 Journal Square Plaza, Jersey City, NJ 07306 www.broadridge.com n/a NBTY Inc. 4 (NTY) (631) 567-9500 $1,880.2 +8.2% $111.8 +43.1% Pharmaceuticals 92 90 Orville Drive, Bohemia, NY 11716 www.nbty.com 10,900 Ambac Financial Group Inc. (ABK) (212) 668-0340 $1,832.1 +13.5% $875.9 +16.6% Insurance 93 1 State Street Plaza, New York, NY 10004 www.ambac.com 359 Warnaco Group Inc. (WRNC) (212) 287-8000 $1,827.5 +23.8% $50.8 +2.5% Apparel 501 Seventh Ave., New York, NY 10018 www.warnaco.com 10,287 WARNACO
94 ▼ Dow Jones & Co. (DJ) (212) 416-2000 $1,783.9 +6.6% $386.6 +540.1% Information services Nothing comes 95 200 Liberty St. Tower A, New York, NY 10281 www.dowjones.com 7,400 between Asians and Nasdaq Stock Market Inc. (NDAQ) (212) 401-8700 $1,657.8 +88.4% $127.9 +107.3% Electronic stock market Europeans and their 96 1 Liberty Plaza, New York, NY 10006 www.nasdaq.com 898 Calvin Kleins—and that Griffon Corp. 4 (GFF) (516) 938-5544 $1,636.6 +16.7% $51.8 +6.1% Specialty building products, systems has helped drive up 97 100 Jericho Quadrangle, Jericho, NY 11753 www.griffoncorp.com 5,700 Warnaco shares 81% in Hudson City Bancorp Inc. (HCBK) (201) 967-1900 $1,621.1 +36.6% $288.6 +4.5% Banking the past 12 months. 98 West 80 Century Road, Paramus, NJ 07652 www.hcsbonline.com 1,319 Based on the most- Dun & Bradstreet Corp. (DNB) (973) 921-5500 $1,531.3 +6.1% $240.7 +8.8% Information services current information on 103 JFK Parkway, Short Hills, NJ 07078 www.dnb.com 4,400 99 management holdings, Fortress Investment Group (FIG) (212) 798-6100 $1,521.3 +45.8% $442.9 +129.9% Financial services 1345 Sixth Ave., New York, NY 10105 www.fortressinv.com 500 the stock price makes 100 Joseph Gromek, who New York Community Bancorp Inc. (NYB) (516) 683-4100 $1,505.6 +18.5% $232.6 -20.4% Banking 101 615 Merrick Ave., Westbury, NY 11590 www.mynycb.com 2,431 has been chief Icahn Enterprises 10 (IEP) (212) 702-4300 $1,477.9 +64.0% $798.8 n/m Building operator executive since 2003, a 102 767 Fifth Ave., New York, NY 10153 www.icahnenterprisescom 13,370 $10 million man. Atlas Air Worldwide Holdings Inc. (AAWW) (914) 701-8000 $1,476.3 -8.8% $59.8 -19.1% Airline 103 2000 Westchester Ave., Purchase, NY 10577 www.atlasair.com 1,840 Cognizant Technology Solutions Corp. (CTSH) (201) 801-0233 $1,424.3 +60.8% $232.8 +40.0% Software 104 500 Glenpointe Centre West, Teaneck, NJ 07666 www.cognizant.com 38,800 Aéropostale Inc. 5 (ARO) (646) 485-5398 $1,413.2 +17.3% $106.6 +27.0% Apparel stores 105 112 W. 34th St., New York, NY 10120 www.aeropostale.com 10,756 Hudson Highland Group Inc. (HHGP) (212) 351-7300 $1,373.5 +0.6% $22.1 +10,902.5% Executive search and staffing 106 560 Lexington Ave., New York, NY 10022 www.hhgroup.com 3,600 Revlon Inc. (REV) (212) 527-4000 $1,331.4 -0.1% ($251.3) n/m Health and beauty aids 107 237 Park Ave., New York, NY 10017 www.revloninc.com 6,000 MSC Industrial Direct Co. 11 (MSM) (516) 812-2000 $1,317.5 +19.8% $136.4 +21.5% Industrial products 108 75 Maxess Road, Melville, NY 11747 www.mscdirect.com 3,775 2 Barr Pharmaceuticals Inc. (BRL) (201) 930-3300 $1,314.5 +25.5% $336.5 +56.5% Pharmaceuticals WEIGHT WATCHERS 109 400 Chestnut Ridge Road, Woodcliff Lake, NJ 07677 www.barrlabs.com 2,040 Universal American Financial Corp. (UHCO) (914) 934-5200 $1,305.1 +52.3% $119.3 +121.4% Insurance Talk about loading up 110 6 International Drive, Rye Brook, NY 10573 www.uafc.com 4,100 the plate: In the first Curtiss-Wright Corp. (CW) (973) 597-4700 $1,282.2 +13.4% $80.6 +7.0% Aerospace and defense quarter, the weight-loss 111 4 Becker Farm Road, Roseland, NJ 07068 www.curtisswright.com 6,233 counseling and food- Covanta Holding Corp. (CVA) (973) 882-9000 $1,268.5 +29.6% $105.8 +78.3% Insurance marketing company 112 40 Lane Road, Fairfield, NJ 07004 www.covantaholding.com 3,300 added nearly $1 billion Triarc Cos. (TRY.B) (212) 451-3000 $1,243.3 +70.9% ($11.3) n/m Restaurant franchisor in long-term debt for a 280 Park Ave., New York, NY 10017 www.triarc.com 24,372 113 stock buyback. On Weight Watchers International Inc. (WTW) (212) 589-2700 $1,233.3 +7.1% $209.8 +20.3% Weight-loss services 11 Madison Ave., New York, NY 10010 www.weightwatchersinternational.com 47,000 the other hand, 114 ▼ international results Alleghany Corp. (Y) (212) 752-1356 $1,209.2 +10.3% $251.2 +380.1% Insurance, mineral products 115 7 Times Square Plaza, New York, NY 10036 www.alleghany.com 1,411 are finally improving, so Annaly Capital Management Inc. (NLY) (212) 696-0100 $1,202.7 +99.0% $93.8 n/m Real estate investment trust maybe the shares won’t 116 1211 Sixth Ave., New York, NY 10036 www.annaly.com 34 give investors a bloated New York & Company Inc. 5 (NWY) (212) 884-2000 $1,193.2 +5.5% $46.2 -21.1% Apparel stores feeling. 117 450 W. 33rd St., New York, NY 10001 www.nyandcompany.com 8,606 Astoria Financial Corp. (AF) (516) 327-3000 $1,183.6 -0.1% $174.9 -25.2% Banking 118 1 Astoria Federal Plaza, Lake Success, NY 11042 www.astoriafederal.com 1,626 BioScrip Inc. (BIOS) (914) 460-1600 $1,152.5 +7.4% ($38.3) n/m Pharmacy benefits management 119 100 Clearbrook Road, Elmsford, NY 10523 www.bioscrip.com 867 J. Crew Group Inc. 5 (JCG) (212) 209-2500 $1,152.1 +20.9% $77.8 +1,950.1% Apparel stores 120 770 Broadway, New York, NY 10003 www.jcrew.com 7,600 Monster Worldwide Inc. (MNST) (212) 351-7000 $1,116.7 +36.5% $37.1 -62.2% Online career services, advertising 121 622 Third Ave., New York, NY 10017 www.monsterworldwide.com 4,900
1997 rank Company 1996 revenues (millions) 2002 rank Company 2001 revenues (millions) FLASHBACK 1 International Business Machines Corp. $75,947.0 1 Citigroup Inc. $112,022.0 2 Philip Morris Cos. $54,553.0 2 International Business Machines Corp. $85,866.0 10 LARGEST 3 AT&T Corp. $52,184.0 3 Philip Morris Cos. $72,944.0 4 Texaco Inc. $45,500.0 4 Verizon Communications Inc. $67,190.0 COMPANIES 5 PepsiCo Inc. $31,645.0 5 American International Group Inc. $62,402.0 6 Citicorp Inc. $28,818.0 6 AT&T Corp. $52,550.0 ON PAST 7 American International Group Inc. $28,105.9 7 J.P. Morgan Chase & Co. $50,429.0 8 Chase Manhattan Corp. $25,000.0 8 Morgan Stanley Dean Witter & Co. $43,727.0 5 YEARS AGO CRAIN’S LISTS 10 YEARS AGO 9 Merrill Lynch & Co. $24,856.0 9 Merrill Lynch & Co. $38,757.0 10 Lucent Technologies Inc. $23,286.0 10 AOL Time Warner Inc. $38,234.0
book of lists 2008 | Crain’s New York Business | 29 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Gentiva Health Services Inc. (GTIV) (631) 501-7000 $1,104.7 +27.7% $20.8 -11.1% Home health care services 122 3 Huntington Quadrangle, Melville, NY 11747 www.gentiva.com 15,650 Emdeon Corp. (HLTH) (201) 703-3400 $1,098.6 +7.0% $767.7 +952.1% Health care services 123 669 River Drive, Elmwood Park, NJ 07407 www.emdeon.com 2,260 National Financial Partners Corp. (NFP) (212) 301-4000 $1,077.1 +20.8% $57.6 +2.5% Financial services 124 787 Seventh Ave., New York, NY 10019 www.nfp.com 2,642 Minerals Technologies Inc. (MTX) (212) 878-1800 $1,059.3 +6.9% $50.0 -6.2% Mineral products 125 405 Lexington Ave., New York, NY 10174 www.mineralstech.com 2,809 Overseas Shipholding Group Inc. (OSG) (212) 953-4100 $1,047.4 +4.7% $392.7 -15.5% Shipping 126 666 Third Ave., New York, NY 10017 www.osg.com 3,980 John Wiley & Sons Inc. 12 (JWA) $1,044.2 TAKE-TWO (201) 748-6000 +7.2% $110.3 +31.6% Publishing INTERACTIVE 127 111 River St., Hoboken, NJ 07030 www.wiley.com 3,600 Take-Two Interactive Software Inc. 7 (TTWO) (646) 536-2842 $1,037.8 -13.6% ($184.9) n/m Software The video game 622 Broadway, New York, NY 10012 www.take2games.com 2,020
128 ▼ publisher that Village Super Market Inc. 9 (VLGEA) (973) 467-2200 $1,016.8 +3.4% $16.5 +6.1% Grocery stores created Grand Theft 129 733 Mountain Ave., Springfield, NJ 07081 www.shoprite.com 4,400 Auto has a new iStar Financial Inc. (SFI) (212) 930-9400 $992.6 +25.2% $374.8 +32.7% Real estate investment trust management team 130 1114 Sixth Ave., New York, NY 10036 www.istarfinancial.com 214 after a group of hedge Knight Capital Group Inc. (NITE) (201) 222-9400 $951.2 +49.9% $158.3 +138.6% Securities funds forced out the old 545 Washington Blvd., Jersey City, NJ 07310 www.knight.com 844 131 regime. Cleaning up the Six Flags Inc. (SIX) (212) 652-9403 $945.7 -1.2% ($305.6) n/m Amusement parks 1540 Broadway, New York, NY 10036 www.sixflags.com 35,500 accounting and 132 marketing problems Celgene Corp. (CELG) (908) 673-9000 $898.9 +67.4% $69.0 +8.4% Biotechnology 133 86 Morris Ave., Summit, NJ 07901 www.celgene.com 1,287 should be a Scientific Games Corp. (SGMS) (212) 754-2233 $897.2 +14.6% $66.8 -11.4% Wagering and lottery systems straightforward 134 750 Lexington Ave., New York, NY 10022 www.scientificgames.com 5,500 endeavor. Keeping the Kimco Realty Corp. (KIM) (516) 869-9000 $891.8 +22.8% $428.3 +17.8% Real estate investment trust game creators who 135 3333 New Hyde Park Road, New Hyde Park, NY 11042 www.kimcorealty.com 618 hold the key to the Paxar Corp. 13 (PXR) (914) 697-6800 $880.8 +8.9% $56.8 +147.0% Retail merchandising systems company’s success 136 105 Corporate Park Drive, White Plains, NY 10604 www.paxar.com 12,100 happy? Not so much. National Medical Health Card Systems Inc. 2 (NMHC) (516) 605-6625 $862.9 +7.8% $9.7 -22.0% Pharmacy benefits management 137 26 Harbor Park Drive, Port Washington, NY 11050 www.nmhc.com 458 Primedia Inc. (PRM) (212) 745-0100 $849.3 +3.4% $38.3 -93.2% Publishing 138 745 Fifth Ave., New York, NY 10151 www.primedia.com 2,800 Bisys Group Inc. 14 (BSG) (973) 461-2500 $842.9 -1.0% $232.2 +3,701.6% Data processing 139 105 Eisenhower Parkway, Roseland, NJ 07068 www.bisys.com 5,000
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30 | Crain’s New York Business | book of lists 2008 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Bowne & Co. (BNE) (212) 924-5500 $832.2 +24.8% ($1.8) n/m Commercial printing 140 55 Water St., New York, NY 10041 www.bowne.com 3,200 Leucadia National Corp. (LUK) (212) 460-1900 $827.8 +20.0% $189.4 -88.4% Insurance 141 315 Park Ave. South, New York, NY 10010 www.leucadia.com 1,323 Standard Motor Products Inc. (SMP) (718) 392-0200 $812.0 -2.2% $9.4 n/m Motor vehicle parts 37-18 Northern Blvd., Long Island City, NY 11101 www.smpcorp.com 4,000
142 ▼ AEP Industries Inc. 7 (AEPI) (201) 641-6600 $802.1 +9.5% $62.9 n/m Plastic products 143 125 Phillips Ave., South Hackensack, NJ 07606 www.aepinc.com 1,800 Loral Space & Communications Inc. (LORL) (212) 697-1105 $797.3 +27.3% ($22.7) n/m Communications equipment STANDARD MOTOR 144 600 Third Ave., New York, NY 10016 www.loral.com 2,100 This maker of Hearst-Argyle Television Inc. (HTV) (212) 887-6800 $785.4 +11.1% $98.7 -1.5% Television stations replacement auto 145 300 W. 57th St., New York, NY 10019 www.hearstargyle.com 3,312 parts has been spared 1-800-Flowers.com Inc. 2 (FLWS) (516) 237-6000 $781.7 +16.6% $3.2 -59.4% Flowers and gifts the worst of the Detroit 146 1 Old Country Road, Carle Place, NY 11514 www.1800flowers.com 3,700 bloodbath. Still, the 5 Finlay Enterprises Inc. (FNLY) (212) 808-2800 $761.8 +7.3% $4.4 n/m Jewelry stores brutal competition has 147 529 Fifth Ave., New York, NY 10017 www.finlayenterprises.com 4,500 taken its toll: Revenues GFI Group Inc. (GFIG) (212) 968-4100 $743.9 +40.9% $61.1 +27.0% Securities trading services were lower in 2006 100 Wall St., New York, NY 10005 www.gfigroup.com 1,438 148 than in either of the Hain Celestial Group Inc. 2 (HAIN) (631) 730-2200 $738.6 +19.1% $37.1 +69.5% Food and beverage products 149 58 S. Service Road, Melville, NY 11747 www.hain-celestial.com 2,074 previous two years. Nu Horizons Electronics Corp. 3 (NUHC) (631) 396-5000 $737.5 +31.4% $9.9 +103.0% Electronics 150 70 Maxess Road, Melville, NY 11747 www.nuhorizons.com 748 Drew Industries Inc. (DW) (914) 428-9098 $729.2 +9.0% $31.0 -7.7% Metal products 151 200 Mamaroneck Ave., White Plains, NY 10601 www.drewindustries.com 3,690 M&F Worldwide Corp. (MFW) (212) 572-8600 $722.0 +494.7% $36.2 +50.8% Camera systems, licorice extract 152 35 E. 62nd St., New York, NY 10021 www.mandfworldwide.com 3,462 EDO Corp. (EDO) (212) 716-2000 $715.2 +10.3% $11.6 -55.9% Military equipment 153 60 E. 42nd St., New York, NY 10165 www.edocorp.com 4,000 ImClone Systems Inc. (IMCL) (212) 645-1405 $677.8 +76.7% $370.7 +328.5% Biotechnology 154 180 Varick St., New York, NY 10014 www.imclone.com 993 Footstar Inc. (FTAR) (201) 934-2000 $666.7 -6.8% $45.3 +85.7% Shoe stores 155 933 MacArthur Blvd., Mahwah, NJ 07430 www.footstar.com 3,901 Alpharma Inc. (ALO) (201) 947-7774 $653.8 +18.1% $82.5 -38.3% Pharmaceuticals 156 1 Executive Drive, Fort Lee, NJ 07024 www.alpharma.com 1,400 Nymex Holdings Inc. (NMX) (212) 299-2000 $640.3 +55.5% $154.8 +117.6% Commodities exchange 157 1 North End Ave., New York, NY 10282 www.nymex.com 504 Sirius Satellite Radio Inc. (SIRI) (212) 584-5100 $637.2 +163.1% ($1,104.9) n/m Satellite radio 158 1221 Sixth Ave., New York, NY 10020 www.sirius.com 722 SL Green Realty Corp. (SLG) (212) 594-2700 $596.5 +23.0% $220.7 +40.2% Real estate investment trust 159 420 Lexington Ave., New York, NY 10170 www.slgreen.com 814 Investment Technology Group Inc. (ITG) (212) 588-4000 $586.3 +44.7% $97.9 +44.7% Securities trading services 380 Madison Ave., New York, NY 10017 www.itginc.com 1,069 160 istockphoto Comforce Corp. (CFS) (516) 437-3300 $567.8 +5.2% $4.1 -35.0% Help supply services LAZARE KAPLAN 161 415 Crossways Park Drive, Woodbury, NY 11797 www.comforce.com 560 Newcastle Investment Corp. (NCT) (212) 798-6100 $558.6 +45.4% $127.9 +9.4% Real estate investment trust The diamond cutter 162 1345 Sixth Ave., New York, NY 10105 www.newcastleinv.com 0 15 known for its old-world Aeroflex Inc. 2 (ARXX) (516) 694-6700 $551.8 +19.1% $27.0 +58.2% High-tech components elegance is getting 163 35 S. Service Road, Plainview, NY 11803 www.aeroflex.com 2,675 pulverized in the USI Holdings Corp. (USIH) (914) 749-8500 $551.6 +8.5% $20.6 +164.1% Insurance and financial services modern world of the 164 555 Pleasantville Road, Briarcliff Manor, NY 10510 www.usi.biz 3,018 Internet, discount Tarragon Corp. (TARR) (212) 949-5000 $544.9 -8.4% $11.2 -87.4% Real estate investment trust retailers and increasing 165 423 W. 55th St., New York, NY 10019 www.tarragoncorp.com 625 6 standardization. The Coinmach Service Corp. (DRA) (516) 349-8555 $543.5 +0.9% ($24.6) n/m Laundry equipment services changes are evident in 303 Sunnyside Blvd., Plainview, NY 11803 www.coinmachservicecorp.com 1,989 166 Lazare’s gross margins, Audiovox Corp. 16 (VOXX) (631) 231-7750 $539.7 -4.2% ($9.6) n/m Electronics 180 Marcus Blvd., Hauppauge, NY 11788 www.audiovox.com 750 which have been sliced 167 in half in the past Kenneth Cole Productions Inc. (KCP) (212) 265-1500 $536.5 +3.6% $26.8 -20.2% Footwear and apparel 168 603 W. 50th St., New York, NY 10019 www.kennethcole.com 1,900 three years. Movado Group Inc. 5 (MOV) (201) 267-8000 $532.9 +13.1% $50.1 +88.4% Watchmaker and retailer 169 650 From Road, Paramus, NJ 07652 www.movadogroup.com 1,300 Lazare Kaplan International Inc. 8 (LKI) (212) 972-9700 $528.0 +25.3% $1.5 -70.8% Jewelry and watches 19 W. 44th St., New York, NY 10036 www.lazarekaplan.com 223
170 ▼ Navigators Group Inc. (NAVG) (212) 244-2333 $526.6 +36.7% $72.6 +207.9% Insurance 171 1 Penn Plaza, New York, NY 10119 www.navg.com 342 Sirona Dental Systems Inc. 4 (SIRO) (718) 937-5765 $520.6 +12.4% $0.8 n/m Dental equipment 172 3000 47th Ave., Long Island City, NY 11101 www.sirona.com 1,978 Macquarie Infrastructure Co. Trust (MIC) (212) 231-1000 $520.3 +70.7% $49.9 +228.5% Airport services 173 125 W. 55th St., New York, NY 10019 www.macquarie.com 0 15 Continued
NEW Companies whose common stock became publicly traded in 2006 or the first quarter of 2007. First year qualifying for Crain’s top 250 list. Rank #183 Town Sports International Holdings (CLUB) #144 Loral Space & Communications Inc. (LORL) COMPANIES #38 Hertz Global Holdings Inc. (HTZ) #194 AmTrust Financial Services Inc. (AFSI) #195 OSI Pharmaceuticals Inc. (OSIP) #67 MasterCard Inc. (MA) #202 Cowen Group Inc. (COW) #196 Verint Systems Inc. (VRNI) ON THE 2007 #91 Broadridge Financial Solutions Inc. (BR) #236 Evercore Partners Inc. (EVR) #239 Allion Healthcare Inc. (ALLI) #100 Fortress Investment Group (FIG) #242 Crystal River Capital Inc. (CRZ) #240 CKX Inc. (CKXE) CRAIN’S PUBLICLY #120 J. Crew Group Inc. (JCG) #249 Gramercy Capital Corp. (GKK) #157 Nymex Holdings Inc. (NMX) New to the area. #247 NorthStar Realty Finance Corp. (NRF) #172 Sirona Dental Systems Inc. (SIRO) HELD LIST #177 ACA Capital Holdings Inc. (ACA) #59 Jones Apparel Group Inc. (JNY)
book of lists 2008 | Crain’s New York Business | 31 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Delta Financial Corp. (DFC) (516) 364-8500 $512.1 +53.9% $29.8 +65.8% Mortgage financing 174 1000 Woodbury Road, Woodbury, NY 11797 www.deltafinancial.com 1,395 Westwood One Inc. (WON) (212) 641-2000 $494.0 -11.4% ($469.5) n/m Program and information services 40 W. 57th St., New York, NY 10019 www.westwoodone.com 2,013
175 ▼ Steven Madden Ltd. (SHOO) (718) 446-1800 $489.4 +27.8% $46.3 +140.9% Footwear 176 52-16 Barnett Ave., Long Island City, NY 11104 www.stevemadden.com 1,498 ACA Capital Holdings Inc. (ACA) (212) 375-2000 $464.1 +40.4% $58.7 +104.1% Financial services 177 140 Broadway, New York, NY 10005 www.aca.com 115 Lifetime Brands Inc. (LCUT) (516) 683-6000 $457.4 +48.6% $15.5 +10.1% Housewares 178 1000 Stewart Ave., Garden City, NY 11530 www.lifetimebrands.com 1,199 Cambrex Corp. (CBM) (201) 804-3000 $455.5 +8.8% ($30.1) n/m Human health bioproducts WESTWOOD ONE 179 1 Meadowlands Plaza, East Rutherford, NJ 07073 www.cambrex.com 1,916 The radio network is Alpine Group Inc. 17 (APNI) (201) 549-4400 $447.8 +41.8% $4.6 -66.0% Holding company holding a “strategic 180 1 Meadowlands Plaza, East Rutherford, NJ 07073 www.alpinegroup.com 410 review”—i.e., it’s for Veeco Instruments Inc. (VECO) (516) 677-0200 $441.0 +7.5% $14.9 n/m Industrial equipment sale. The question is 100 Sunnyside Blvd., Woodbury, NY 11797 www.veeco.com 1,279 181 what sort of price it can LaBranche & Co. (LAB) (212) 425-1144 $435.4 +31.7% $136.8 +264.6% Securities 1 Exchange Plaza, New York, NY 10006 www.labranche.com 429 fetch. The company 182 racked up major losses Town Sports International Holdings (CLUB) (212) 246-6700 $433.1 +11.5% $4.6 +162.7% FItness clubs 183 888 Seventh Ave., New York, NY 10106 www.mysportsclubs.com 8,600 last year, and revenues Par Pharmaceutical Cos. 17 (PRX) (201) 802-4000 $432.3 -33.3% ($15.3) n/m Pharmaceuticals are declining so 184 300 Tice Blvd., Woodcliff Lake, NJ 07677 www.parpharm.com 766 dramatically that it G-III Apparel Group Ltd. 5 (GIII) (212) 403-0500 $427.0 +31.8% $13.2 +86.0% Apparel suspended its dividend 185 512 Seventh Ave., New York, NY 10018 www.g-iii.com 510 earlier this month. Empire Resources Inc. (ERS) (201) 944-2200 $426.0 +18.8% $8.7 -8.4% Semifinished aluminum products 186 1 Parker Plaza, Fort Lee, NJ 07024 www.empireresources.com 65 K&F Industries Holdings Inc. (KFI) (914) 448-2700 $424.1 +10.3% $54.3 +130.1% Aviation brake products 187 50 Main St., White Plains, NY 10606 www.kandfindustries.com 1,431 Maidenform Brands Inc. (MFB) (201) 436-9200 $416.8 +9.1% $27.8 +210.5% Intimate apparel 188 154 Avenue E, Bayonne, NJ 07002 www.maidenform.com 1,300 Hanover Direct Inc. (HNVD) (201) 863-7300 $415.7 +2.0% ($6.2) n/m Catalog sales, e-commerce 189 1500 Harbor Blvd., Weehawken, NJ 07086 www.hanoverdirect.com 1,975
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32 | Crain’s New York Business | book of lists 2008 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees WHX Corp. 17 (WXCP) (914) 925-4413 $403.8 +8.6% ($34.7) n/m Metal products 190 555 Theodore Fremd Ave., Rye, NY 10580 www.whxcorp.com 1,640 United Retail Group Inc. 5 (URGI) (201) 845-0880 $399.3 -9.0% ($10.5) n/m Apparel stores 191 365 W. Passaic St., Rochelle Park, NJ 07662 www.unitedretail.com 5,524 Comtech Telecommunications Corp. 9 (CMTL) (631) 962-7000 $391.5 +27.2% $45.3 +23.5% Communications equipment 192 68 S. Service Road, Melville, NY 11747 www.comtechtel.com 1,228 Centerline Holding Co. 18 (CHC) (212) 317-5700 $387.3 +31.2% $41.3 -30.0% Multifamily financing 193 625 Madison Ave., New York, NY 10022 www.centerline.com 500
AmTrust Financial Services Inc. (AFSI) (212) 220-7120 $384.0 +59.6% $48.9 +30.1% Insurance istockphoto 194 59 Maiden Lane, New York, NY 10038 www.amtrustgroup.com 325 OSI Pharmaceuticals Inc. (OSIP) (631) 962-2000 $375.7 +115.7% ($582.2) n/m Biotechnology OSI 41 Pinelawn Road, Melville, NY 11747 www.osipharmaceuticals.com 611 The cancer-drug 195 ▼ Verint Systems Inc. 5 (VRNT) (631) 962-9600 $373.6 +20.9% $2.8 -89.2% Telecommunications developer angered 196 330 S. Service Road, Melville, NY 11747 www.verintsystems.com 1,200 shareholders two years Datascope Corp. 2 (DSCP) (201) 391-8100 $373.0 +5.8% $25.8 +76.5% Medical equipment and supplies ago when it bought the 197 14 Philips Parkway, Montvale, NJ 07645 www.datascope.com 1,300 maker of an eye- 3 Standard Microsystems Corp. (SMSC) (631) 435-6000 $370.6 +16.1% $27.0 +124.6% Semiconductors disease treatment for www.smsc.com 856 198 80 Arkay Drive, Hauppauge, NY 11788 nearly $1 billion. AllianceBernstein Holding (AB) (212) 969-1000 $359.5 +30.7% $325.0 +31.0% Financial services 1345 Sixth Ave., New York, NY 10105 www.alliancebernstein.com 4,914 Lesson learned. Last 199 year, after posting Marvel Entertainment Inc. (MVL) (212) 576-4000 $351.8 -9.9% $58.7 -42.9% Comics, character licensing 200 417 Fifth Ave., New York, NY 10016 www.marvel.com 255 losses of several Entertainment Distribution Co. 19 (EDCI) (770) 283-1000 $348.5 +83.8% $4.0 -48.4% Communications and entertainment hundred million dollars, 201 825 Eighth Ave., New York, NY 10019 www.edcllc.com 2,200 the pharmaceuticals Cowen Group Inc. (COWN) (646) 562-1000 $345.0 +17.2% $37.9 +213.8% Securities company said it would 202 1221 Sixth Ave., New York, NY 10020 www.cowen.com 537 exit the eye-treatment Arbitron Inc. (ARB) (212) 887-1300 $329.3 +6.2% $50.7 -24.7% Media information provider business. 203 142 W. 57th St., New York, NY 10019 www.arbitron.com 1,908 General Maritime Corp. (GMR) (212) 763-5600 $326.0 -42.6% $156.8 -26.1% Shipping 204 299 Park Ave., New York, NY 10171 www.generalmaritimecorp.com 530 Topps Co. 3 (TOPP) (212) 376-0300 $325.4 +10.8% $11.0 +784.9% Trading cards, confections 1 Whitehall St., New York, NY 10004 www.topps.com 487
205 ▼ Lincoln Educational Services (LINC) (973) 736-9340 $321.5 +7.4% $15.6 -16.9% Postsecondary educational services 206 200 Executive Drive, West Orange, NJ 07052 www.lincolneducationalservices.com 2,862 Inter Parfums Inc. (IPAR) (212) 983-2640 $321.1 +17.4% $17.7 +16.2% Fragrances and beauty aids 207 551 Fifth Ave., New York, NY 10176 www.interparfumsinc.com 235 Provident Financial Services Inc. (PFS) (201) 333-1000 $314.1 +2.8% $53.7 -8.2% Banking 208 830 Bergen Ave., Jersey City, NJ 07306 www.providentnj.com 877 Temco Service Industries Inc. 20 (TMCO) (212) 889-6353 $306.3 -0.3% $1.2 -48.1% Building services 209 1 Park Ave., New York, NY 10016 www.temcoservices.com 10,000 TAL International Group Inc. (TAL) (914) 251-9000 $303.4 -4.7% $42.1 +335.6% Intermodal containers lessor TOPPS 210 100 Manhattanville Road, Purchase, NY 10577 www.talinternational.com 189 To management’s Anthracite Capital Inc. (AHR) (212) 810-3333 $303.4 +24.4% $80.5 +14.0% Real estate investment trust 15 chagrin, some kids who 211 40 E. 52nd St., New York, NY 10022 www.anthracitecapital.com 0 collected Topps Tower Group Inc. (TWGP) (212) 655-2000 $299.3 +36.2% $36.8 +77.1% Insurance 120 Broadway, New York, NY 10271 www.twrgrp.com 403 baseball cards grew 212 up to be activist Aceto Corp. 2 (ACET) (516) 627-6000 $297.1 -5.2% $9.2 -7.8% Chemicals 213 1 Hollow Lane, New Hyde Park, NY 11042 www.aceto.com 216 shareholders. CEO Prestige Brands Holdings 6 (PBH) (914) 524-6810 $296.7 +2.6% $26.3 +157.1% Consumer products Arthur Shorin has been 214 90 N. Broadway, Irvington, NY 10533 www.prestigebrands.com 87 fighting with a group of Russ Berrie & Co. (RUS) (201) 337-9000 $294.8 +1.6% ($9.4) n/m Dolls and stuffed toys hedge fund managers 215 111 Bauer Drive, Oakland, NJ 07436 www.russberrie.com 1,034 for control of the Allied Healthcare International Inc. 4 (AHCI) (212) 750-0064 $294.6 -16.1% ($123.8) n/m Home health care services company since 2005. 216 555 Madison Ave., New York, NY 10022 www.alliedhealthcare.com 960 He wants to sell the Gamco Investors Inc. (GBL) (914) 921-3700 $290.8 +7.0% $69.5 +9.4% Investment advice company to a group led 217 1 Corporate Center, Rye, NY 10580 www.gabelli.com 200 by Michael Eisner. Greenhill & Co. (GHL) (212) 389-1500 $290.6 +31.4% $75.7 +36.3% Securities 218 300 Park Ave., New York, NY 10022 www.greenhill-co.com 201 Martha Stewart Living Omnimedia Inc. (MSO) (212) 827-8000 $285.8 +34.6% ($17.0) n/m Media, merchandising 11 W. 42nd St., New York, NY 10036 www.marthastewart.com 755
219 ▼ Syms Corp. 3 (SYM) (201) 902-9600 $281.2 +0.3% $9.5 +177.9% Apparel stores 220 Syms Way, Secaucus, NJ 07094 www.syms.com 1,704 Caché Inc. (CACH) (212) 575-3200 $279.0 +4.7% $8.3 -38.3% Apparel stores 221 1440 Broadway, New York, NY 10018 www.cache.com 2,860 Morgans Hotel Group Co. (MHGC) (212) 277-4100 $278.6 +7.0% ($13.9) n/m Hotels 222 475 10th Ave., New York, NY 10018 www.morganshotelgroup.com 1,950 W.P. Carey & Co. (WPC) (212) 492-1100 $273.3 +61.9% $86.3 +77.6% Real estate advisory 223 50 Rockefeller Plaza, New York, NY 10020 www.wpcarey.com 0 21 Signature Bank (SBNY) (646) 822-1500 $261.0 +48.1% $33.4 +110.2% Banking 224 565 Fifth Ave., New York, NY 10017 www.signatureny.com 416 MARTHA STEWART 5 Delia*s Inc. (DLIA) (212) 807-9060 $257.6 +13.6% $5.8 n/m Apparel and accessories for youths The company hasn’t 435 Hudson St., New York, NY 10014 www.delias.com 1,673 225 turned a profit since its Park Electrochemical Corp. 3 (PKE) $257.4 (631) 465-3600 +15.8% $39.8 +48.1% Printed circuit boards famous founder’s legal 226 48 S. Service Road, Melville, NY 11747 www.parkelectro.com n/a Bel Fuse Inc. (BELFB) (201) 432-0463 $254.9 +18.1% $25.2 +24.6% Electronics problems began in 227 206 Van Vorst St., Jersey City, NJ 07302 www.belfuse.com 1,956 2002. Through it all, WebMD Health Corp. (WBMD) (212) 624-3700 $253.9 +50.3% $4.5 -41.3% Online health information and news Martha’s magazines 228 111 Eighth Ave., New York, NY 10011 www.webmd.com 1,025 have remained pretty Investors Bancorp Inc. 2 (ISBC) (973) 924-5100 $251.6 +13.7% $15.0 n/m Banking solid, especially the 229 101 JFK Parkway, Short Hills, NJ 07078 www.isbnj.com 473 bridal title, which is Escala Group Inc. 22 (ESCL) (212) 421-9400 $240.3 +12.9% $38.3 +30.3% Auction house network probably the most 230 623 Fifth Ave., New York, NY 10022 www.escalagroup.com 168 useful one in a crowded PDI Inc. (PDII) (201) 258-8450 $239.2 -21.6% $11.8 n/m Pharmaceutical sales and marketing field. Her partnership 231 1 Route 17 South, Upper Saddle River, NJ 07458 www.pdi-inc.com 1,100 with Kmart is another Infocrossing Inc. (IFOX) (201) 840-4700 $229.2 +54.9% $8.5 +229.8% Information technology services story. 232 2 Christie Heights St., Leonia, NJ 07605 www.infocrossing.com 882
book of lists 2008 | Crain’s New York Business | 33 COMPANIES
2006 2006 net revenues income Rank Company (Ticker symbol) Phone/Web site (in millions) % change (in millions) % change Industry/# of employees Jaco Electronics Inc. 2 (JACO) (631) 273-5500 $228.5 -1.4% ($7.0) n/m Electronics 233 145 Oser Ave., Hauppauge, NY 11788 www.jacoelectronics.com 205 Young Broadcasting Inc. (YBTVA) (212) 754-7070 $225.2 +14.7% ($56.6) n/m Television stations 234 599 Lexington Ave., New York, NY 10022 www.youngbroadcasting.com 1,157 Atari Inc. 6 (ATAR) (212) 726-6500 $218.7 -46.4% ($69.0) n/m Video games 235 417 Fifth Ave., New York, NY 10016 www.atari.com 329 Evercore Partners Inc. (EVR) (212) 857-3100 $216.5 +72.3% $69.7 +10.4% Securities 236 55 E. 52nd St., New York, NY 10055 www.evercore.com 247 Lexington Corporate Properties Trust (LXP) (212) 692-7200 $211.6 +11.5% $7.8 -76.3% Real estate investment trust 237 1 Penn Plaza, New York, NY 10119 www.lxp.com 56 International Securities Exchange Holdings Inc. (ISE) (212) 943-2400 $210.4 +31.6% $55.2 +56.0% Electronic stock market CKX 60 Broad St., New York, NY 10004 www.iseoptions.com 216 238 This company owns an Allion Healthcare Inc. (ALLI) (631) 547-6520 $209.5 +70.2% $3.2 n/m Drug retail 1660 Walt Whitman Road, Melville, NY 11747 www.allionhealthcare.com 222 interesting assortment 239 of assets: the rights CKX Inc. (CKXE) (212) 838-3100 $209.0 +73.3% $9.2 n/m Movies and entertainment 650 Madison Ave., New York, NY 10022 http://ir.ckx.com 564 to American Idol and
240 ▼ Metalico Inc. (MEA) (908) 497-9610 $207.7 +33.8% $10.3 +84.8% Metal recycling, lead fabrication to the names and 241 186 North Ave. East, Cranford, NJ 07016 www.metalico.com 391 images associated with Crystal River Capital Inc. (CRZ) (212) 549-8400 $201.2 +152.8% $46.9 +236.4% Real estate investment trust Elvis Presley and 242 200 Vesey St., New York, NY 10281 www.crystalriverreit.com 0 15 Muhammad Ali. It also NYMagic Inc. (NYM) (212) 551-0600 $200.5 +17.0% $29.9 +207.7% Insurance operates Graceland. 243 919 Third Ave., New York, NY 10022 www.nymagic.com 146 Chief Executive Robert 24/7 Real Media Inc. (TFSM) (212) 231-7100 $200.2 +43.2% ($8.6) n/m Internet-based services F.X. Sillerman, who 244 132 W. 31st St., New York, NY 10001 www.247realmedia.com 390 became a billionaire Alexander’s Inc. (ALX) (201) 587-8541 $198.8 +6.2% ($75.0) n/m Real estate investment trust building and selling 245 210 Route 4 East, Paramus, NJ 07652 www.alx-inc.com 96 media properties, MFA Mortgage Investments Inc. (MFA) (212) 207-6400 $198.3 -10.7% $8.8 +30.6% Real estate investment trust wants to turn the 246 350 Park Ave., New York, NY 10022 www.mfa-reit.com 16 Graceland estate into NorthStar Realty Finance Corp. (NRF) (212) 319-3400 $196.4 +200.6% $38.1 +1.0% Real estate investment trust an amusement 247 527 Madison Ave., New York, NY 10022 www.nrfc.com 56 5 destination to rival Alloy Inc. (ALOY) (212) 244-4307 $196.1 +0.4% ($7.2) n/m Media and marketing for youths Disney World. 248 151 W. 26th St., New York, NY 10001 www.alloy.com 601 Gramercy Capital Corp. (GKK) (212) 297-1000 $195.3 +125.5% $55.9 +78.2% Real estate investment trust 249 420 Lexington Ave., New York, NY 10170 www.gramercycapitalcorp.com 0 15 Bio-Reference Laboratories Inc. (BRLI) (201) 791-2600 $193.1 +17.8% $11.3 +48.2% Medical laboratories 250 481 Edward H. Ross Drive, Elmwood Park, NJ 07407 www.bioreference.com 1,551 Source: Standard & Poor’s, a division of The McGraw-Hill Cos.; additional research by Denise Southwood and Sarah Studley All companies listed were publicly traded as of April 30 had released their 2006 earnings by that day, unless otherwise noted. All financial figures are from the most recent 10-K’s or newswire data available as of April 30. Employee numbers are from the most recent 10-K’s. Financial figures are for calendar year except where noted. The most recent data for companies with fiscal years ending in March through December are for the year ended in 2006, and the most recent data for companies with fiscal years ending in January and February are for the year ended in 2007, except where noted. All numbers have been rounded to one decimal place. Rankings and percent changes are based on unrounded numbers. n/m Not meaningful. n/a Not available. 1-Fiscal year ends Nov. 30. 2-Fiscal year ends June 30. 3-Fiscal year ends Feb. 28. 4-Fiscal year ends Sept. 30. 5-Fiscal year ends Jan. 31. 6-Fiscal year ends March 31. 7-Fiscal year ends Oct. 31. 8-Fiscal year ends May 31. 9-Fiscal year ends July 31. 10-On Sept. 17, 2007, American Real Estate Partners changed its name to Icahn Enterprises. 11-Fiscal year ends Aug. 31. 12-Fiscal year ends April 30. 13-On March 22, 2007, Paxar Corp. entered into an agreement to plan a merger with Avery Dennison Corp. 14-Fiscal year ends June 30. On May 2, 2007, Bisys Group announced that it had entered into a definitive agreement under which Citibank N.A. would acquire all of Bisys Group shares. 15-The company hires another firm to manage day-to-day operations. 16-Fiscal year ends Nov. 30. Financial data are for 2005 and 2004. 17-Financial data are for 2005 and 2004. 18-On April 3, 2007, CharterMarc changed its name to Centerline Holding Co. 19-On May 10, 2007, Glenayre Technologies Inc. changed its name to Entertainment Distribution Co. 20-Fiscal year ends Sept. 30. Financial data are for 2005 and 2004. 21-A wholly owned subsidiary of W.P. Carey & Co. employs individuals who perform services for W.P. Carey. 22-Fiscal year ends June 30. Financial data are for 2005 and 2004.
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34 | Crain’s New York Business | book of lists 2008 COMPANIES
PUBLICLY HELD COMPANIES ALPHABETICAL LISTING OF COMPANIES COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK COMPANY RANK
177 162 29 13 ACA Capital Holdings Inc. ------Martha Stewart Living Omnimedia Inc. ------219 Newcastle Investment Corp.------Public Service Enterprise Group Inc.------Time Warner Inc. ------Aceto Corp. ------213 Marvel Entertainment Inc. 200 News Corp. ------20 Quest Diagnostics Inc. ------48 Topps Co.------205 143 ------247 107 212 AEP Industries Inc. ------MasterCard Inc.------67 NorthStar Realty Finance Corp.------Revlon Inc. ------Tower Group Inc. ------Aeroflex Inc. ------163 MBIA Inc. 71 Nu Horizons Electronics Corp.------150 Russ Berrie & Co. ------215 Town Sports International Holdings ------183 105 ------243 34 61 Aéropostale Inc.------McGraw-Hill Cos. ------49 NYMagic Inc. ------Schering-Plough Corp.------Transatlantic Holdings Inc. ------Alcoa Inc. ------17 Medco Health Solutions Inc. 14 Nymex Holdings Inc.------157 Scholastic Corp. ------78 Triarc Cos.------113 245 ------73 134 244 Alexander’s Inc. ------Merrill Lynch & Co. ------9 NYSE Group Inc. ------Scientific Games Corp. ------24/7 Real Media Inc.------Alleghany Corp. ------115 Metalico Inc. 241 Omnicom Group Inc.------33 Sealed Air Corp. ------60 United Retail Group Inc. ------191 199 ------146 81 110 AllianceBernstein Holding ------MetLife Inc. ------10 1-800-Flowers.com Inc. ------Sequa Corp.------Universal American Financial Corp. ------Allied Healthcare International Inc. ------216 MFA Mortgage Investments Inc. 246 OSI Pharmaceuticals Inc.------195 Signature Bank ------224 USI Holdings Corp.------164 239 ------126 158 181 Allion Healthcare Inc. ------Minerals Technologies Inc. ------125 Overseas Shipholding Group Inc. ------Sirius Satellite Radio Inc. ------Veeco Instruments Inc.------Alloy Inc. ------248 Monster Worldwide Inc. 121 Pall Corp. ------88 Sirona Dental Systems Inc. ------172 Verint Systems Inc. ------196 156 ------184 132 5 Alpharma Inc. ------Moody’s Corp.------86 Par Pharmaceutical Cos.------Six Flags Inc. ------Verizon Communications Inc. ------Alpine Group Inc. ------180 Morgan Stanley 6 Park Electrochemical Corp. ------226 SL Green Realty Corp.------159 Viacom Inc.------32 7 ------136 198 129 Altria Group Inc. ------Morgans Hotel Group Co. ------222 Paxar Corp.------Standard Microsystems Corp.------Village Super Market Inc. ------Ambac Financial Group Inc. ------93 Movado Group Inc. 169 PDI Inc. ------231 Standard Motor Products Inc.------142 Volt Information Sciences Inc. ------77 19 ------26 51 69 American Express Co. ------MSC Industrial Direct Co. ------108 Pepsi Bottling Group Inc. ------Starwood Hotels & Resorts Worldwide Inc.------Vornado Realty Trust ------American Home Mortgage Investment Corp. ------80 Nasdaq Stock Market Inc. 96 PepsiCo Inc. ------15 Steven Madden Ltd.------176 W.P. Carey & Co. ------223 2 ------11 220 94 American International Group Inc. ------National Financial Partners Corp. ------124 Pfizer Inc. ------Syms Corp. ------Warnaco Group Inc. ------American Real Estate Partners------102 National Medical Health Card Systems Inc. 137 Phillips-Van Heusen Corp. ------85 Systemax Inc.------75 Warner Music Group Corp.------66 194 ------65 128 228 AmTrust Financial Services Inc.------Navigators Group Inc. ------171 Polo Ralph Lauren Corp.------Take-Two Interactive Software Inc.------WebMD Health Corp. ------Ann Taylor Stores Corp. ------76 NBTY Inc. 92 Prestige Brands Holdings ------214 TAL International Group Inc. ------210 Weight Watchers International Inc.------114 116 ------138 165 175 Annaly Capital Management Inc.------New York & Company Inc.------117 Primedia Inc. ------Tarragon Corp.------Westwood One Inc. ------Anthracite Capital Inc. ------211 New York Community Bancorp Inc. 101 Provident Financial Services Inc.------208 Temco Service Industries Inc.------209 WHX Corp. ------190 203 ------16 72 234 Arbitron Inc. ------New York Times Co.------68 Prudential Financial Inc.------Tiffany & Co. ------Young Broadcasting Inc.------Arrow Electronics Inc. ------25 Asbury Automotive Group Inc.------55 Assurant Inc. ------39 Astoria Financial Corp.------118 Atari Inc. ------235 Atlas Air Worldwide Holdings Inc.------103 Audiovox Corp. ------167 Automatic Data Processing Inc. ------36 Avon Products Inc.------37 Bank of New York Co. ------35 Barnes & Noble Inc.------56 Barr Pharmaceuticals Inc. ------109 Bear Stearns Cos. ------23 Becton Dickinson & Co. ------53 Bed Bath & Beyond Inc. ------44 Bel Fuse Inc.------227 Bio-Reference Laboratories Inc. ------250 BioScrip Inc. ------119 Bisys Group Inc.------139 BlackRock Inc.------83 Bowne & Co. ------140 Bristol-Myers Squibb Co.------21 Broadridge Financial Solutions Inc. ------91 C.R. Bard Inc.------89 CA Inc.------64 Cablevision Systems Corp. ------52 Caché Inc. ------221 Cambrex Corp.------179 CBS Corp. ------24 Celgene Corp. ------133 Centerline Holding Co.------193 Children’s Place Retail Stores Inc. ------87 CIT Group Inc. ------42 Citigroup Inc. ------1 CKX Inc.------240 Coach Inc.------82 Cognizant Technology Solutions Corp. ------104 Coinmach Service Corp. ------166 Colgate-Palmolive Co. ------28 Comforce Corp. ------161 Comtech Telecommunications Corp. ------192 Consolidated Edison Inc.------30 Covanta Holding Corp.------112 Cowen Group Inc.------202 Crystal River Capital Inc.------242 Curtiss-Wright Corp. ------111 Datascope Corp.------197 Delia*s Inc.------225 Delta Financial Corp.------174 Dover Corp.------45 Dow Jones & Co. ------95 Drew Industries Inc.------151 Dun & Bradstreet Corp.------99 E*Trade Financial Corp. ------62 EDO Corp.------153 Emdeon Corp.------123 Empire Resources Inc. ------186 Escala Group Inc.------230 Estée Lauder Cos.------46 Evercore Partners Inc.------236 Finlay Enterprises Inc.------147 Foot Locker Inc. ------54 Footstar Inc. ------155 Forest Laboratories Inc. ------70 Fortress Investment Group ------100 Gamco Investors Inc. ------217 General Maritime Corp. ------204 Gentiva Health Services Inc. ------122 GFI Group Inc. ------148 G-III Apparel Group Ltd.------185 Glenayre Technologies Inc. ------201 Goldman Sachs Group Inc. ------8 Gramercy Capital Corp. ------249 Great Atlantic & Pacific Tea Co. ------43 Greenhill & Co.------218 Griffon Corp. ------97 Hain Celestial Group Inc.------149 Hanover Direct Inc.------189 145 Hearst-Argyle Television Inc.------1oo years of historical elegance Henry Schein Inc. ------57 Hertz Global Holdings Inc. ------38 Hess Corp. ------18 98 in the heart of midtown manhattan Hudson City Bancorp Inc.------Hudson Highland Group Inc. ------106 IAC/InterActiveCorp ------47 IDT Corp.------79 ImClone Systems Inc.------154 Infocrossing Inc. ------232 207 The Radisson Martinique is in the heart of midtown Manhattan amidst the very best this Inter Parfums Inc. ------International Business Machines Corp. ------4 International Flavors & Fragrances Inc. 84 ------city has to offer. The city’s treasures—combined with the Radisson Martinique’s historical International Securities Exchange Holdings Inc.------238 Interpublic Group of Companies Inc.------50 Investment Technology Group Inc. 160 ------elegance and renowned customer service—will enrich every business experience. Investors Bancorp Inc.------229 iStar Financial Inc.------130 ITT Corp. ------40 J. Crew Group Inc.------120 J.P. Morgan Chase & Co. ------3 Jaco Electronics Inc. ------233 Jarden Corp. ------63 Jefferies Group Inc. ------90 JetBlue Airways Corp.------74 John Wiley & Sons Inc. ------127 Jones Apparel Group Inc. ------59 K&F Industries Holdings Inc.------187 Kenneth Cole Productions Inc. ------168 KeySpan Corp. ------41 Kimco Realty Corp. ------135 Knight Capital Group Inc. ------131 L-3 Communications Holdings Inc. ------27 LaBranche & Co.------182 Lazare Kaplan International Inc. ------170 Lehman Brothers Holdings Inc. ------12 Leucadia National Corp. ------141 Lexington Corporate Properties Trust ------237 Lifetime Brands Inc. 178 ------20,000 sq. feet of dedicated banquet space 532 guest rooms and suites Lincoln Educational Services ------206 Liz Claiborne Inc. 58 ------49 West 32nd Street, New York, NY 10001 Loews Corp. ------22 Loral Space & Communications Inc. ------144
M&F Worldwide Corp.------152 Contact: John DiPretoro phone: 212 277-2647 email: [email protected] Macquarie Infrastructure Co. Trust------173 Maidenform Brands Inc.------188 Marsh & McLennan Cos. ------31
book of lists 2008 | Crain’s New York Business | 35 This chart was first published online Nov. 19, 2007 COMPANIES
DOUBLECLICK CLOCKS OUT; CGS POSTS BIGGEST GAIN DROPPED DoubleClick ranked ninth on the ’06 list, with 153 area development personnel. The firm did not respond to the latest survey and was excluded from the list. In April 2007, Goo- gle agreed to buy DoubleClick for $3.1 billion. HEFTY GAINS Computer Generated Solutions acquired Altara and FolioDev in November 2006. The firm’s number of local development personnel has risen by more than 119%—the largest gain for the year. bekka lindström bekka New York Area’s Largest Software Companies Ranked by number of area development personnel
2007 NY area 2006 NY area Projected 2007 2006 Head of development development revenues revenues Rank Company Phone/Web site software division personnel1 personnel2 (in millions) (in millions) Key clients Types of products and services
International Business Machines Corp. (914) 499-1900 Steven A. Mills 10,000 10,217 n/a $91.4 General Electric, Merrill IT solutions and services 1 New Orchard Road www.ibm.com Senior vice president, group Lynch, Prudential 1 Armonk, NY 10504 executive, software Insurance Cognizant Technology Solutions Corp. (201) 801-0233 Allen Shaheen 1,200 1,000 $2,110.0 $1,370.0 MetLife, IMS Healthcare, Custom IT design, development, 500 Glenpointe Centre West www.cognizant.com Vice president, general J.P. Morgan Chase integration and maintenance services 2 Teaneck, NJ 07666 manager, advanced solutions group Information Builders (212) 736-4433 Gerald D. Cohen 480 566 $313.0 $310.0 City of New York, J.P. Business intelligence and integration 2 Penn Plaza www.informationbuilders.com President, chief executive Morgan Chase, Target software and services 3 New York, NY 10121 CA Inc. (631) 342-6000 Alan F. Nugent 469 740 $3,943.0 $3,796.0 AXA Financial, Sallie Enterprise systems management, 1 CA Plaza www.ca.com Executive vice president, Mae, Caterpillar security management, storage 4 Islandia, NY 11749 chief technology officer management, and governance and service management Computer Generated Solutions Inc. 3 (212) 408-3800 Phil Friedman 439 200 $175.0 $135.0 Marc Jacobs, Merrill Software and IT services for 3 World Financial Center www.cgsinc.com President, chief executive Lynch, Omnicom financial and professional services, 5 New York, NY 10281 wholesale distribution and manufacturing companies Starpoint Solutions (212) 962-1550 Jeff Najarian 247 225 $85.0 $77.0 Schering-Plough, Technology staffing, software 115 Broadway www.starpoint.com Chief executive Wellington Management, implementation, custom application 6 New York, NY 10006 Siemens development Ness Technologies Inc. (201) 488-7222 Sachi Gerlitz 212 151 $561.0 $474.3 Pfizer, Wyeth, Cushman Global provider of end-to-end IT 3 University Plaza Drive www.ness.com President, chief executive & Wakefield services and solutions 7 Hackensack, NJ 07601 SunGard (212) 317-7400 Michael Muratore 200 169 n/d $4,300.0 n/d Software and IT services for 560 Lexington Ave. www.sungard.com Executive vice president financial services, higher education 8 New York, NY 10022 and the public sector IconNicholson (212) 274-0470 Christopher Enright 110 70 $250.0 $210.0 Nestlé Waters North Web site and interactive application 295 Lafayette St. www.iconnicholson.com Chief technology officer America, MasterCard design and development, business 9 New York, NY 10012 International, strategy, systems integration, digital Bristol-Myers Squibb marketing and global Internet solutions RSG Systems Inc. (646) 839-4100 Mukesh Sehgal 105 105 $20.0 $20.0 Viacom, Discovery Custom business application 14 E. 38th St. www.rsgsystems.com President, chief executive Communications, development and products for the 10 New York, NY 10016 Lifetime Entertainment media and entertainment industry NumeriX (212) 302-2220 Gregory Whitten 94 90 n/d n/d Bloomberg, IBRD, ING Cross-asset exotic derivative 757 Third Ave. www.numerix.com Chief executive, chief analytics and software for pricing, 11 New York, NY 10017 technology officer valuing and risk management OpenLink (516) 227-6600 Kevin Hesselbirg 94 81 $93.0 $88.0 Citigroup, Hess, Banco Energy and financial trading, risk 1502 RexCorp Plaza www.olf.com Chief executive, chief Central de Costa Rica management and operations 11 Uniondale, NY 11556 financial officer processing software solutions Intrasphere Technologies Inc. (212) 937-8200 Samuel Goldman 85 83 n/d n/d Pfizer, Eli Lilly, Johnson Technology strategy, systems 100 Broadway www.intrasphere.com Co-founder, chief operating & Johnson integration and custom application 13 New York, NY 10005 officer development Net@Work (212) 997-5200 Chaim Cohen 73 53 $17.0 $13.0 Dale & Thomas, Equinox Application development and 575 Eighth Ave. www.netatwork.com Director of software Fitness Clubs, Daewoo systems integration of accounting, 14 New York, NY 10018 development customer relationship management and e-commerce software DataSynapse Inc. (212) 842-8842 Jamie Bernardin 65 60 $40.0 $25.0 Wachovia, Bank of Management, middleware and 632 Broadway www.datasynapse.com Co-founder, chief America, Nationwide virtualization software 15 New York, NY 10012 technology officer Mutual Insurance Software Engineering of America Inc. (516) 328-7000 Russell Zitron 53 53 $200.0 $200.0 IBM, MetLife, Chase Data center solutions and consulting 1230 Hempstead Turnpike www.seasoft.com Vice president of technical Bank and training services for automated 16 Franklin Square, NY 11010 services operations Axispoint Inc. (212) 920-2600 Scott Powell 50 30 $40.0 $17.2 EMI Music Publishing, Technology and business process 21 W. 38th St. www.axispoint.com Executive vice president, Mount Vernon City consulting, custom application 17 New York, NY 10018 software solutions School District, New York- development, e-commerce, content Presbyterian Hospital management services, systems administration Continued
36 | Crain’s New York Business | book of lists 2008 _ _ _ COMPANIES
2007 NY area 2006 NY area Projected 2007 2006 Head of development development revenues revenues Rank Company Phone/Web site software division personnel1 personnel2 (in millions) (in millions) Key clients Types of products and services
Sandata Technologies Inc. (516) 484-4400 Gary Stoller 50 57 $26.0 $19.5 Visiting Nurse Service of Data processing, software 26 Harbor Park Drive www.sandata.com Chief technology officer New York, Family Health development and computer 17 Port Washington, NY 11050 Care, Catholic Community consulting services for the private Services of Western sector and health care industry Washington State RCS Inc. (914) 428-4600 Philippe Generali 48 45 n/d n/d Clear Channel Radio industry music scheduling and 445 Hamilton Ave. www.rcsworks.com President, chief executive Communications, CBS on-air software, monitoring of 19 White Plains, NY 10601 Radio, Citadel commercials on radio, TV and cable Broadcasting and in newspapers AXS-One Inc. (201) 935-3400 John Byrne 44 38 n/d $10.3 Deutsche Bank, Goldman Software solutions and associated 301 Route 17 North www.axsone.com Vice president of Sachs, Countrywide services for content archiving, 20 Rutherford, NJ 07070 technology Insurance Services records management, compliance management, e-discovery, litigation readiness and information management ASG Software Solutions 4 (914) 921-7200 Scott McCurdy 42 87 5 n/d $186.0 ABN AMRO Bank, Services and software solutions for 120 Old Post Road www.asg.com Senior vice president, H.J. Heinz, Aetna management of metadata, 21 Rye, NY 10580 product management applications, operations, content, performance, security and infrastructure Antenna Software (888) 723-2832 Jim Hemmer 36 38 n/d n/d AT&T, Pitney Bowes, Software and solution provider 111 Town Square Place www.antennasoftware.com President, chief executive Xerox specializing in mobile business 22 Jersey City, NJ 07310 applications for wireless handheld devices twentysix New York 6 (212) 840-0008 Jay Harris Rabin 33 30 $7.8 $7.4 New York-Presbyterian Business intelligence applications, 62 W. 45th St. www.26ny.com Chief executive Hospital, ABN AMRO enterprise integration, portal and 23 New York, NY 10036 Bank, GHI collaboration solutions, and custom programming services Infinity Info Systems (646) 747-6400 Yacov Wrocherinsky 32 31 $16.8 $14.3 Genzyme Corp., Customer relationship management 525 Seventh Ave. www.infinityinfo.com Founder, chief executive Goldman Sachs, solutions and implementation 24 New York, NY 10018 Panasonic Toughbooks services Applied Visions Inc. (631) 754-4920 Frank Zinghini Jr. 30 27 $4.0 $3.5 AC Nielsen, Reuters, Visual software solutions including 6 Bayview Ave. www.avi.com President, chief executive U.S. government financial systems, visualization for 25 Northport, NY 11768 information security, battlefield visualization and custom applications New York area includes New York City and Nassau, Suffolk and Westchester counties in New York, and Bergen, Essex, Hudson and Union counties in New Jersey. Crain’s New York Business uses staff research, extensive surveys and the most current references available to produce its lists, but there is no guarantee that these listings are complete. To qualify for this list, companies must have an office in the New York area; companies that exist solely to hire out development personnel for contract assignments are not considered. Information was supplied by the software companies. In case of tied figures, companies are listed alphabetically under the same ranking number. Revenue figures are for calendar year except where noted. 2006 revenue figures are estimates for companies with fiscal years ending July through December, and 2006 revenue figures are actual for companies with fiscal years ending in January through June. n/a Not available. n/d Not disclosed. 1-Full-time and full-time-equivalent development personnel, comprising programmers and consultants who spend 51% or more of their time on IT design, maintenance, construction, implementation or strategy, as of June 30. 2-Full-time and full-time-equivalent development personnel, comprising programmers and consultants who spend 51% or more of their time on IT design, maintenance, construction, implementation or strategy, as of Dec. 31. 3-Computer Generated Solutions Inc. acquired both Altara and FolioDev in November 2006. All 2007 figures reflect acquisitions. 4-ASG Software Solutions acquired Mobius Management Systems Inc., ranked #15 on last year’s list, on June 18, 2007. All figures, except where noted, represent ASG only. 5-Figure represents Mobius Management System’s New York area development personnel. ASG had 0 development personnel in the New York area in 2006. 6-Fiscal year ends Feb. 28. Research: Denise Southwood and Adrianne Pasquarelli
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