Outsider Chiefs Getting Schooled Physician, Sell Thyself

20101115-NEWS--0001-NAT-CCI-CN_-- 11/12/2010 7:57 PM Page 1

GROWING A BUSINESS GUIDE THE ULTIMATE RESOURCE FOR SMALL BUSINESS ® ASSISTANCE P. 19

INSIDE VOL. XXVI, NO. 46 WWW.CRAINSNEWYORK.COM NOVEMBER 15-21, 2010 PRICE: $3.00 TOP STORIES Outsider JFK, population 35,000, is seeing FLEEING ARTISTS chiefs an economic liftoff PAGE 2 getting Holiday shoppers go back to future High cost of schooled PAGE 2 living, fewer part-time jobs Black appointment How some lowly highlights trend, bugs became a big drive them but business skills Waldorf headache out of the city PAGE 3 aren’t enough Andrew Cuomo’s BY MIRIAM KREININ SOUCCAR BY DANIEL MASSEY FOR 25 YEARS tax-cut conundrum , Elyas Khan tried THE Daily News’ front cover last THE INSIDER, PAGE 8 to make it as a musician in Wednesday summed up the gener- New York. The front man for al reaction to publishing executive the band Nervous Cabaret, Cathleen Black’s selection as city Mr. Khan lived in at least 20 schools chancellor: “Huh?” In fact, places, from Bay Ridge to choosing nontraditional profes- Washington Heights, moving sionals to run school systems has become more commonplace na- each time his lease expired and tionwide in the eight years since the landlord jacked up the Michael Bloomberg tapped Joel rent. He worked so many part- Klein, an education outsider, to time jobs to make ends meet lead the schools here. that he barely had time to Challenging the status quo, this compose new songs. new breed has pushed reform agen- BUSINESS LIVES Two years ago, he and his See OUTSIDER on Page 34 wife, Melissa, got the boot FIRST TEST New chancellor must GOTHAM GIGS from their live/work space in win over parents, teachers Page 10 Mapping out a career Dumbo when the landlord path P .. 35 turned the building into luxury ● ANNE FISHER suggests commercial space. That was that you can cash in on the day Mr. Khan gave up on the new frugality P .. 35 New York. ● Physician, MOVERS & SHAKERS Now, the couple lives in Amy Sedaris on crafting Berlin in a two-bedroom and cupcakes P .. 36 apartment they rent for $750. sell ● GAEL GREENE gets back Mr. Khan has a music studio to Mesa Grill P .. 38 with views of the city where he is finishing a solo record. His thyself band has booked a European INDEX tour for December. And after living without health insurance Money woes move NEIGHBORHOOD JOURNAL ______12 for two decades, Mr. Khan vis- docs to become REAL ESTATE DEALS PLUS ______16 ited a dentist for the first time SMALL BUSINESS hospital employees ______18 in 22 years. CLASSIFIEDS ______30 “In New York, you have so BY BARBARA BENSON FOR THE RECORD ______32 See ARTISTS on Page 34

EXECUTIVE MOVES ______35 READY TO GO: Katya Tepper, a painter and WHEN DR. ERIC STEINBERG moved THE WEEK AHEAD ______38 performance artist, is moving to Chicago his cardiology practice from Valley THE WEEK ON THE WEB ______39 when her Brooklyn lease expires in March. Stream to Hewlett, L.I., last year, CHEAT SHEET ______39 he spent $270,000 on building out

buck ennis his new space. He then invested $650,000 on the tools of his trade: nuclear stress machines and 3-D echocardiography equipment. The NEXT WEEK NEW YORK’S payments on the technology alone were about $15,000 a month. TOP 125 PRIVATELY HELD But within months, the finan- ELECTRONIC EDITION cial models on which he based his COMPANIES, AND MORE practice crashed. The federal gov- NEWSPAPER See PHYSICIAN on Page 14 20101115-NEWS--0002,0003-NAT-CCI-CN_-- 11/12/2010 7:58 PM Page 1

IN BRIEF GOING AFTER AN ANONYMOUS BLOGGER, THE What’s good HEAD OF NEW YORK CITY’S TRANSIT UNION has asked a court to force Google to reveal his critic’s name. John Samuelsen said in court papers filed Friday that the blog has repeatedly defamed him with false accusations of incompetence and financial improprieties. All for JFK ... parties involved declined to comment. Vogue cover model Liskula Cohen got an online detractor’s identity by court order last year. Is good for NYC. And right now, business THE NUMBER OF HOME LOANS IN NEW YORK CITY CONTINUED TO DROP LAST YEAR, BUT at our city’s biggest airport is taking off lending to low- and moderate-income buyers rose, according to new data from New York here, the TSA is hiring 300 more screen- University’s Furman Center for Real Estate and BY HILARY POTKEWITZ ers, and the $1.2 billion Delta Air Lines Urban Policy.The number of home loans terminal project, slated to break ground totaled 24,500 last year, down 26% from 2008 WHEN THINGS STARTED getting busy in Au- later this month,is expected to add as many and 60% below the 2004 peak, according to the gust for David Rosenthal and his staff at as 10,000 jobs over the next three years. Furman Center.The number of loans to low- JFK Advanced Medical,they knew a come- People who work at JFK sometimes call and moderate-income homebuyers rose 24% in back was in the works. The main health it “a city within a city,”and in some ways, it 2009 from the year earlier. clinic at John F. Kennedy International is.There’s a steady work force of more than Airport does physicals and drug screenings 35,000 people, and since the facility has AS MANY AS 200,000 NEW YORKERS COULD for airport workers, so Mr. Rosenthal’s both day and night shifts, it, too, is a city LOSE THEIR UNEMPLOYMENT BENEFITS IF waiting room can serve as a barometer of that never sleeps. The airport generates Congress fails to extend the emergency benefits the health of the airport economy. about 230,000 jobs in the area and an esti- that are scheduled to expire next month. Up to “We’re loaded with pre-employment mated $9.8 billion in wages and salaries POPULATION 2 million people nationwide could lose the testing now, which means companies are annually,according to its landlord,the Port A TOWN 35,000+ benefits if the Democratic-controlled Congress hiring,”Mr.Rosenthal says.“It’s fantastic.” Authority of New York & New Jersey. employees doesn’t act. Ⅲ Whether it’s assessing potential bag- CALLED gage handlers, flight attendants or Trans- The joint is jumping ZIP CODE 11430 portation Security Administration screen- JFK’S EIGHT TERMINALS are jammed with JFK TOTAL AREA ers, the clinic is 50% busier than it was at restaurants, from McDonald’s to The BY THE NUMBERS the end of last year, he says, and the staff Palm. Stores range from nail salons and 4,930 acres has grown to 15 from six. spas to Cartier and Sephora.Starbucks and Weekly shift of the city’s economy The new venues popping up around Dunkin’Donuts are locked in competition CHEAPER IS BETTER TWOFER The dollar’s JFK—a store here, a restaurant there— here, just as they are on the outside. The of flights, and several carriers were swal- slipping value helped exports hit their highest provide hopeful signs of a recovery for the airport has a post office with its own ZIP lowed by competitors. Terminal 4, a main é level in two years. New jobless claims over the travel industry,and possibly for New York’s code: 11430. It has two churches, a syna- international hub,lost 13 airlines,says Jan- past four weeks hit two-year lows. economy as a whole. gogue and a mosque. There’s even a JFK ice Holden, chief commercial officer of “Clearly, something is going on here, Chamber of Commerce, which holds a JFK IAT,which manages the terminal. $4B $310 and the travel end of it could be the tip of merchants luncheon each month. All of these factors meant that fewer -55.6% the iceberg,” says Ken Goldstein, an econ- Back in 2008, the financial crisis hit the people were shopping in the airport’s NYC SALES TAX DROP in AVERAGE collected in first street-vendor ROOM RATE for omist with The Conference Board Inc. travel industry—and JFK—hard.The air- stores and eating in its restaurants. Some three quarters of violations issued Manhattan hotels “Business is up; people are coming here port handled 45.9 million passengers last merchants saw sales drop more than 20% year, up 20.4% in 2009 versus in Sept., up 13% and spending money. But the question is, year, a drop of about 2 million passengers by the end of the year. from year earlier 1995, to 20K from year earlier is this the catalyst that starts a brush fire versus 2007 levels, according to Port Au- “When things hit the fan in fall of 2008, Source: NYS Source: Independent Source: PKF comptroller Budget Office Consulting that can lead to a prairie fire?” thority data. Air cargo dropped by 20% nobody knew what to expect,” says More- If so, look out, New York. JFK’s airlines over the same period, to 1.1 million tons. ton Binn, owner of XpresSpa, which has are adding hundreds of flight attendants Airlines made drastic cuts in numbers 140 employees and eight salons at JFK. “It GAINING GROUND The value of the New York state common retirement fund has been rising fairly steadily, if unspectacularly, for four of the past five quarters. Holiday shoppers go back to the future

mas. Even gift cards, which recently fell For fiscal quarters ended on those dates. Retro items like Source: New York state comptroller from favor, are staging a comeback, thanks watches, dolls, board to new federal rules that make the cards ADDICTED TO NUMBERS? games to give sales a more user-friendly. IN SANTA’S BAG: Monster High dolls (above), a watch GET A DAILY DOSE AT @STATSANDTHECITY Overall, retailers have cautiously in- by Michael Kors and a Disney Princess doll. boost this season creased inventory,since demand is expect- CORRECTIONS ed to be up this season. Locally, 63% of Online ad company Pontiflex received funding in 2008 from New consumers in the tristate area plan to spend shopping behavior. Atlantic Ventures and Greenhill SAVP, and got additional funding BY ADRIANNE PASQUARELLI the same or more this season, com- Of late, watches had been taking a in 2009 from RRE Ventures, New Atlantic Ventures and Greenhill pared with last year, according to De- backseat to modernized time-tellers, like SAVP. The Nov. 8 story “Firm rides wave of relevant Web ads” did BREAK OUT THE DELOREAN not list all the participants in the two financings. and fire loitte. Meanwhile, the National Re- smart phones. But this year, experts say up the flux capacitor. This holiday tail Federation is predicting a 2.3% watches,in a wide variety of colors and The price of a meal at Chef’s Table at Brooklyn Fare is $135. This fact was misstated in the Nov. 8 “Neighborhood Journal” column. season, shoppers are winding overall rise in this year’s holi- materials, including metal, ceramic, back to the days when wrist- day spending nationwide. plastic and rubber, are topping watches were used to tell time,be- many shoppers’ must-have lists vol. xxvi, no. 46, november 15, 2010—Crain’s New York Business Classic gifts back in style (issn 8756-789x) is published weekly except for combined issues fore electronic gadgets edged because of their novel appeal as the fourth week of June and the first week of July, the fifth week of them out of popularity. TO LURE CONSUMERS, retailers fashion accessories. The time- August and the first week of September, and the third and fourth weeks of December, by Crain Communications Inc., 711 Third Ave., “The watch business is off the are stocking trendy velvet blaz- pieces have long been an ideal gift New York, NY 10017. Periodicals postage paid at New York, N.Y., charts,” says Roseanne Morrison, ers and faux fur-lined acces- for men, but now, with prices of and additional mailing offices. Postmaster: Send address changes to: fashion director at retail trend–track- sories, but they’re also return- precious metals in the strato- Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call ing firm the Doneger Group. “It’s a fash- ing to classic gifts. sphere, chunky watches are (888) 909-9111. Fax (313) 446-6777.$3.00 a copy, $59.79 one year, ion piece, and it’s a novelty item now.” “This year, there are some ex- again in vogue for women. $109.79 two years. (GST No. 13676-0444-RT) ©Entire contents copyright 2010 by Crain Communications Inc. Other retro items, like dolls and board citing categories,”says Candace Watches priced over All rights reserved. games, are also helping to keep the Corlett, president of WSL $150 are up about 11% in Grinch’s grubby green hands off of Christ- Strategic Retail,which analyzes See HOLIDAY on Page 33

2 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0002,0003-NAT-CCI-CN_-- 11/12/2010 7:59 PM Page 2

Projects in race for fed bonds City still has millions in funds to allocate; extension hoped for

BY AMANDA FUNG

LAST WEEK,a $15 million shot of federal stimulus funds resurrected Two Trees Management’s plans for a 73- room luxury hotel in north TERMINAL AREA HOUSES OF DRY CLEANERS 1 CAFÉS 30 MIDRANGE LUXURY Williamsburg, Brooklyn. 880 acres WORSHIP 4 BOUTIQUES Tumi, BOUTIQUES “It is hard to procure financing NAIL SALONS/ PUBS 15 for a boutique hotel in this environ- ROADWAYS 30+ miles (Catholic, Jewish, SPAS 12 Victoria’s Secret, Bulgari, Cartier, Muslim, Protestant) WINE BARS 2 Brookstone, Fossil, Ferragamo, ment,” says Jed Walentas, principal PARKING SPACES JEWELERS 7 of Two Trees, which conceived the HEALTH CLINICS 2 METROPOLITAN Swatch, Sephora, Ron Hermès, 15,000 RECORD STORES 3 MUSEUM OF ART Jon Surf Shop, Oakley Mont Blanc hotel four years ago. “This is a good example of a government stimulus FLORISTS 3 STORES 2 program making a difference be-

newscom tween projects getting done in the immediate future as opposed to get- hurt the inner-sanctum economy that developed Delta and American Airlines announced last of garbage and recycling. ting delayed further.” in the airport.” month that they’re adding a total of at least 1,000 International travel at Terminal 4 was up 7% The group’s But the airport has had more bustle since the New York-based flight attendants. And Mr. through September, and concession sales there $15 million is LIMBO middle of this year, according to veterans Binn—who says his revenues from massages and were up 9%, according to JFK IAT ’s Ms. Holden. in the form of throughout the 880 acres of space in the terminals. manicures are up more than 30% since 2008— The Rev. Chris Piasta, chaplain at Our Lady tax-exempt JetBlue Airways started holding live concerts just expanded his location in Terminal 7. of the Skies Chapel, reports that he had a much Recovery 75% last year inside its Terminal 5. At first, the events busier summer this year than last year. With Zone bonds, OF FUNDS featured unknowns, but the airline has recently Increases in services more people traveling to Germany to see the created in a booked increasingly more famous pop stars, cul- THIS WEEK, Tae Young Kim is opening J.F. Kim, Passion Play or to Italy to view the Shroud of program that is still await minating last month with a Taylor Swift show. the airport’s first dry cleaner and laundry, which Turin, his services were in more demand. A few part of the Re- finalization “It was packed wall-to-wall, with people will serve both employees and travelers. And months ago came perhaps the ultimate sign from covery and Source: Leichtman Research Group spilling around,” says Marty St. George, senior Joseph Morra, general manager of Royal Waste the skies that things are looking up: At airport Reinvestment vice president of marketing for JetBlue. Services Inc., recently added two drivers to his employees’ request, the priest started celebrating Act of 2009 and set to expire Dec. It’s as if JFK has been getting its groove back. 10-man JFK crew because of increased volumes Mass daily. Ⅲ 31. The program allocated New York City $121 million for qualifying projects, but over 75% of that amount has yet to be claimed—either because it hasn’t been committed or has been committed to projects that haven’t yet met all How bedbugs bit the Waldorf requirements. That second group comprises to its insurance company. In July, five projects,including Two Trees,to Lawsuit over icky they were offered $2,000, an which nearly $74 million has been infestation grew amount they deemed “insulting.” assigned.The developers must close Few accusations against a hotel on the rest of their financing by the from slow payment could be more harmful nowadays expiration date or forfeit the bonds. of pest-removal bill than an allegation of a bedbug in- “We are confident that the bulk festation. Public anxiety and dis- of those projects are in line to close gust about these nocturnal blood- by the end of the year,” says Julie BY LISA FICKENSCHER suckers is at an all-time high. Wood, vice president of public af- According to TripAdvisor’s annual fairs at the city Economic Develop- THE WALDORF ASTORIA hotel might travel trends survey, released last ment Corp. have avoided a public relations week, bedbugs are travelers’ sec- Likewise, the city will lose the nightmare this month if it had paid ond-biggest concern, right behind balance of its allotment on Dec. 31 a Midwestern couple’s $8,000 tab rising airfares. if it doesn’t identify another worthy for ridding their home of bedbugs. CHRISTINE project. One under consideration is Instead, the prestigious, land- DRABICKI, shown in Reputation tainted? a marina in Far Rockaway, Queens. mark property, where U.S. presi- attorney Alan AFTER THE DRABICKIS filed suit on Local developers with shovel- dents and other heads of states Schnurman’s office, Nov. 4, the hotel issued a statement ready, nonresidential projects in points to bedbug check in when they visit town, got bites she says she denying that it has a bedbug prob- economically distressed neighbor- pummeled on the 11 o’clock news received while staying lem,referring to several inspections hoods jumped at the chance to qual- and other media outlets for being at the Waldorf. by its pest control company that ify for federal funds. In the first of the culprit behind a bedbug infes- gave it a clean report. four rounds of the selection process,

tation in the couple’s home in Ply- news daily But whether the landmark hotel New York City Capital Resource mouth, Mich., after they stayed at wins the legal battle against the Corp.,the agency issuing the bonds, the hotel in May. Worldwide, raising the specter of fair compensation, the lawsuit nev- Drabickis—or a Long Island received applications for $1 billion It is the third public bedbug ac- serious damage to its sterling inter- er would have happened,” says the woman who filed a similar lawsuit worth of work. cusation and second lawsuit in two national reputation and possibly couple’s attorney,Alan Schnurman. against the Waldorf in October—is One of the five pending projects months against the Waldorf Asto- hefty settlements. He says the hotel referred the cou- almost beside the point. Win or is a mixed-use building on 125th ria, owned and operated by Hilton “If the Waldorf had given them ple, Christine and David Drabicki, See BEDBUGS on Page 4 See FED STIMULUS on Page 33

November 15, 2010 | Crain’s New York Business | 3 20101115-NEWS--0004-NAT-CCI-CN_-- 11/12/2010 7:23 PM Page 1

How bedbugs bit the Waldorf IN THE MARKETS Continued from Page 3 gift from their employer for being negotiations and retained Mr. lose, the hotel’s reputation has been top sales performers.After their first Schnurman’s firm. On Oct. 25, the Aaron Elstein tainted. (In addition to the cases night, they complained to manage- Waldorf ’s insurance company noti- by filed, an unidentified Florida ment of bedbug bites and were sub- fied the couple of their $2,000 check, woman complained to the New York sequently moved to a two-bedroom which they rejected as too little. Post last month about bedbug bites suite and given complimentary spa during her September stay at the treatments. But they say the biting Impact on bookings unknown Waldorf, but she has not filed suit.) continued for the next two nights. THE WALDORF declined to comment Startup bank starts turnaround “A greater concern to a promi- And when they returned home, for this article, but Mr. Schillinger, O SAY Herald National Bank got off nent hotel like the Waldorf is the the bedbugs traveled with them, the attorney, says the offer of an in- likely cost in lost business”as poten- they say. The Drabickis and their surance payout “should not be con- Tto a rocky start after launching tial guests go elsewhere, says Peter two young daughters had to evacu- strued as an admission of wrongdo- two years ago this month would Schillinger, a partner in law firm ate their home for six weeks while ing by the Waldorf.” The hotel says be an act of charity. Schillinger & Finsterwald, who has the bedbugs were exterminated, it received no complaints from the Just weeks after opening its doors, no connection to the case. their clothing was treated and other guests who stayed in the same rooms There is no doubt that the Wal- immediately before and after the the Manhattan bank was forced to dorf ’s stature played a role in Mr. ‘The hotel is Drabickis did. It thus implies that change its name from Heritage Bank Schnurman’s decision to hold a press they must have brought the pests after a New Jersey institution with the conference announcing the filing of perceived guilty with them. the Drabickis’ complaint. The per- Potential guests may not see it same name objected.Then, the bank sonal injury attorney is an experi- until it’s proven that way. quickly racked up $34 million in enced hand at bedbug litigation. He The hotel would not disclose if losses in its first 12 months as the garnered national attention for an- innocent’ its bookings are down since the law- economy tanked, wiping out a big other couple,including an interview suits were filed. One travel agency, on Good Morning America, in what is Altour, which books mostly corpo- swath of its original $62 million described as a landmark case that rate business at the Waldorf, says it capital base. In June 2009, its sought $20 million from a Catskills has not received any cancellations executive chairman resigned for resort, where the couple said they from clients with reservations there. were preyed upon by hundreds of belongings were discarded. The But Martin Rapp,a senior vice pres- “personal reasons.” Earlier this HARD WORK: Banker Randy Nielsen bedbugs. cost: $8,000. ident at the agency, says, “I’m sure year, its chief executive stepped Meanwhile, they communicated that it has affected bookings.” aside and the Office of the Comptroller of the Currency Three-night stay with Waldorf Astoria managers via In the court of public opinion, ordered the bank to clean up its act, pronto. THAT CASE, filed in 2006 against the e-mail. Daniel Briks, the hotel’s di- “the perception is that the [accused] Nevele Hotel in Ellenville, was set- rector of front office operations, hotel is guilty until proven inno- Thankfully, not only has the bleeding stopped, but Herald just reported tled for an undisclosed amount—as wrote to Mrs. Drabicki that he cent,” says Bjorn Hanson, dean of its first profitable quarter. It wasn’t hugely profitable, mind you—$321,000 are most bedbug cases. In 2004, “want[ed] to ensure that your fami- New York University’s Preston of net income, attributable mainly to Herald reducing its loan-loss reserves Helmsley Enterprises reportedly ly’s health is addressed properly”and Robert Tisch Center for Hospitali- (something lots of banks are doing). paid a $150,000 settlement to a that the hotel would issue “any reim- ty, Tourism and Sports Manage- But management will take it. “We worked very hard to get here,” says guest bitten by bedbugs. bursement for the additional ex- ment. And eradicating bedbugs CEO Randy Nielsen, a veteran Long Island banking executive and former di- The Drabickis’ story began on penses that you have incurred.” might prove easier than erasing this rector at North Fork Bancorp. May 24,when they checked into the But by the end of July, the Dra- cringe-worthy episode from poten- To get there, Mr. Nielsen had cut staff by about a third and slowed down Waldorf for a three-night stay—a bickis were frustrated with the slow tial clients’ minds. Ⅲ the frenzied pace of lending that the eager young bank had embarked on. Herald’s loan book grew from zero to $300 million in its first year, but so far this year has grown by just $50 million. Only 0.14% of the bank’s loans are nonperforming, which Mr. Nielsen says is a sign of the bank’s conservative underwriting,although the case may be that the loans are of such recent vin- tage they haven’t had time to play out yet. Now that its house is in order, the three-branch Herald is trying to lure business clients the way small banks usually do, by offering better service than its bigger rivals. Expect us to be “There’s a fair amount of low-hanging fruit,of companies not being serv- iced like they want to be,” Mr. Nielsen says. YOUR PARTNER. Luck runs out for stock picker

BACK IN 1999, Fortune said money stocks may be considerable,his Den- $29,000,000 $8,500,000 $8,500,000 $17,500,000 manager Tom Marsico (below) “had a ver-based fund operation began suf- Senior Credit Senior Revolving Senior Revolving Revolving Credit lock” on the Mutual Fund Manager fering heavy withdrawals soon after Facility Credit Facility Credit Facility Facility of the Decade award. In 2003, Mon- the buyout, as stocks began to sink. Provided for Provided for Provided for Provided for ey lauded him as one of the Assets under management few to emerge from the tech- plunged from $106 billion to wreck “with his reputation as $47 billion in the past three a stock picker intact.” Now, years, crushing revenues Mr. Marsico has earned an- needed to service the compa- other distinction—his asset ny’s heavy debt load. ASSET-BASED FINANCING management firm’s parent Last week, Mr. Marsico’s just defaulted on its debt. parent company, unimaginatively e’re helping businesses like yours grow. In 2007, when the stock market called Marsico Parent Co., completed was soaring,Mr.Marsico orchestrat- a restructuring of the $600 million See why we’ve earned our reputation as a leading provider of working capital ed a management-led $2.6 billion debt and the $1 billion loan. In ex- ﬁnancing to growing companies. For more information, contact Warren Mino, President, buyout of his firm from Bank of change for swapping debt for new at 212-806-4500 or visit us at Websterbcc.com to submit an online application for America.To finance the deal,his new notes that take longer to mature and credit or ﬁnd our nearest location. company took out $600 million in may not pay interest, creditors get debt and a $1 billion loan.Alas,as was 30% of the firm’s equity. The re- NEW YORK | BOSTON | PHILADELPHIA | HARTFORD | PORTLAND the case for so many leveraged buyouts structuring constituted a default of that era, business quickly fell part. because investors are receiving less Although Mr. Marsico’s talents value than originally promised, NYSE:WBS* for identifying so-called growth Standard & Poor’s says. Ⅲ

® Visit Websterbcc.com THE AMOUNT OF STOCK SOLD nationwide in the first week of All credit facilities are subject to the normal credit approval process. * The NYSE ticker symbol of WBS is assigned to Webster Financial Corporation and does not constitute an offer to buy or sell securities by the Company, its November by top executives in S&P 500 companies, according to subsidiaries or any associated party and is meant purely for informational purposes. Webster Bank, N.A. $4.5BInsiderScore.com. Sales represent the highest level since ’07 and Webster Business Credit Corporation is a subsidiary of Webster Bank, N.A. Member FDIC. Equal Housing Lender. The Webster Symbol and Webster Business Credit are registered in the U.S. Member FDIC Patent and Trademark Ofﬁce. came as the Dow Jones industrial average reached its highest level in two years.

4 | Crain’s New York Business | November 15, 2010

20101115-NEWS--0006-NAT-CCI-CN_-- 11/12/2010 6:25 PM Page 1

NEW YORK,NEW YORK edited by Valerie Block

Campaign in Knicks of time HEY DIDN’T GET LeBron James, but the Knicks have Tscored some star players—and the MSG Network wants to remind New Yorkers to watch them. Ads breaking this week draw comparisons between today’s team and the Knicks of the 1970s glory days. MSG recruited actor and über-fan John Turturro (left) for the TV spots. Rapping to a montage of classic and recent footage, he rhymes: “From black-and-white TV to plasma HD. From muttonchops to

high-tops. From Dick McGuire to Stoudemire. From newscom photos then till now, New York plays here.” Newcomers such as Amar’e Stoudemire and Raymond Felton (above, from left) have yet to lift the team’s performance, but that’s not stopping MSG from dropping “significant” cash on the six-week broadcast, print and outdoor campaign, developed by Amalgamated. “Our goal was to create a campaign that brings the Knicks’ rich history and tradition full circle with this years’ team,” says Dan Ronayne, MSG’s general manager.

just happy to have a job. But for Round Capital and Accel Partners. those who think they’re The site already has 2,500 underpaid, a new website can subscribers; Ms. Beauchamp confirm the suspicion and provide expects more than 10,000 to be tools to do something about it. signed up by September. Using job details like title and location, as well as available data for comparison, GetRaised.com Peacock network will determine free of charge if it’s

buck ennis highlights green time to ask for a raise. For $20, GetRaised NEW YORKERS looking for a free Ticket broker recommends a percentage increase, lunch may actually get one this changes venue generates a customized letter for week. NBC Universal is sending a the boss and guarantees results: If a food truck serving veggie burgers THE RISE of online ticket customer doesn’t get a raise within on “compostable” plates around marketplaces such as StubHub six months, the fee will be Manhattan (and strategically has caused traditional brokers refunded.The site attracted about parking it outside of big some serious pain. 3,500 users in its first month. advertising firms) to promote its With the business model “A lot of people feel underpaid fourth annual “Green Week.” cracking, champion ticket-reseller but don’t know if it’s true, so they The truck is powered by solar Richard Ebers (above, right) has don’t act on it,” says Matt Wallaert, panels and vegetable oil left over decided to join Inside Sports & lead scientist at Churnless, a Web from frying the burgers. Its Entertainment Group, a fast- collective that spent six months whereabouts can be tracked on growing Manhattan firm developing GetRaised. Twitter. specializing in booking packages Mr. Wallaert admits that it’s NBC has also created a for major events, including the tougher to get a raise in a down Super Bowl and the Kentucky economy but adds that you’re less Derby. likely to get one if you don’t ask. Alan Baum, president of Inside Sports, says Mr. Ebers’ top-shelf Rolodex should “conservatively” Making up help drive his 6-year-old so easy to do company’s revenue to $25 million window farm in its Rockefeller next year from about a projected FORGET SCHLEPPING to a cosmetics Center store where it’s growing 25 $19 million this year. counter to try out the trendiest eye- types of vegetables.The plants will Some of Inside Sports top shadow shades. For $10 a month, be donated to four public schools executives once worked at Mr. Birchbox.com members can sign in the city. Ebers’ former firm, Admit One. up to receive samples at home Characters on NBC programs But at 60, the industry veteran from hip brands such as Nars and are playing their part, too. On The could read the writing on the wall. Stila. What they like, they can buy Office, Michael Scott, played by “It was an evolutionary move for full-size from the site. Steve Carell, will get excited about me,” says Mr. Ebers, whose title at “This idea lets women discover recycling, and detectives on Law Inside Sports & Entertainment beauty products [instead of ] & Order: Los Angeles will will be chief sales officer. taking the leap before they’ve had investigate the murder of a the chance to try something,” says scientist who was going after co-founder Katia Beauchamp. polluters. Salary-impaired Investors, however, are leaping. get some help Birchbox, which launched in Contributors: Aaron Elstein, September, just raised $1.4 million Matthew Flamm, Daniel Massey, MOST WORKING New Yorkers are in a seed-fund offering led by First Adrianne Pasquarelli

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STORM CENTER Wind-insurance war Mr. Cuomo boasted on John TORNADOES RIPPED THROUGH Brooklyn and Queens this year, but the storm Gambling’s radio program last week that weather-watchers really worry about—a major hurricane hitting Long that his plan to cap property tax Island—remains overdue. State regulators have become increasingly THE INSIDER increases at 2% is “the lowest cap concerned about how the Hamptons, the North Fork and other vulnerable proposed.” Indeed, Mr. Cuomo has areas would recover from such a storm. New York’s coastal properties are outflanked Republicans, who have more valuable than any state’s except Florida’s. by Erik Engquist and Jeremy Smerd called for a 3% cap. The problem, according to the state Department of Insurance, is wind James Parrott of the Fiscal Policy deductibles. Insurers started including deductibles for windstorm damage in Institute says Mr. Cuomo’s cap Suffolk County policies after could wreak havoc on local Hurricane Andrew in 1992. State governments. “There are going to officials believe that many be pretty substantial cuts in the homeowners could not afford the Cuomo’s tax-cut program area of the budget,” he first $20,000 to $50,000 in notes. Past cuts in state aid have repairs until their insurance triggered property tax hikes. policies kicked in. conundrums “If you prevent local taxes from DOI is proposing to going up, you will have to reduce standardize wind deductibles to school funding,” Mr. Parrott says. make it easier for homeowners to OVERNOR-ELECT ANDREW CUOMO faces a $9 “Many people would think that’s a comparison-shop and reduce getty images billion state budget deficit but is standing by his bad result.” their chances of having unaffordable deductibles. The department also wants pledge to let a tax on high earners sunset at the to require insurers to notify customers at least 30 days in advance if they are end of 2011.That will cost the state more than $1 Ed ’n’ Shelly not going to renew policies, and to divulge the reasons. About 14% of customers in coastal areas have been dropped in the past three years by risk- ED KOCH is changing his tune on billion in the budget year ending March 31, 2012, averse insurers. Sheldon Silver. and more than $5 billion the following year, The department sees these as modest steps that don’t limit the dollar G Mr. Koch has called the when the deficit will be a projected $14.6 billion. Assembly speaker an “enemy of amount of wind deductibles. But the industry says that the state is trying to fix Mr. Cuomo opposed the tax when it was reform” for refusing to sign a pledge a nonexistent problem, and that forcing insurers to justify nonrenewals would enacted with the 2009-10 budget. to support independent discourage them from writing policies in the first place. “The market’s stable,” says Kristina Baldwin, assistant vice president of “I was against it at the time, and I still am,” redistricting. But now, the former mayor has moved from the Property Casualty Insurers Association of America. “Even if you question he said this summer. “It was browbeating to sweet-talking. that, we believe these measures will not help the situation. They will make any supposed to sunset. If it doesn’t “I like Shelly Silver; he helped availability issues worse. If you tell insurers they can’t cancel or nonrenew sunset, it’s a [new] tax.” elect me,” Mr. Koch tells The someone, they’re going to be less likely to write a new policy in a riskier area.” Insider. “He is a good, maybe a State Insurance Superintendent James Wrynn sees it differently. “Rates All filers with taxable income of great speaker. He can leave a legacy are rising; policies are not being renewed,” he says. “Let’s fix the roof before it $550,000-plus now pay a flat rate of that no other speaker has left by starts raining.” 8.97%, up from 6.85%. Individuals being the leader of reform.” A new task force, mandated by state legislation, is studying the issue and earning $200,000 to $500,000 must submit a report every November. But it has met just once, on Oct. 13, and married couples Loss of House kills and is still waiting for the Legislature to appoint the final six of its 23 members. who earn $300,000 Rangel’s dream to $500,000 temporarily pay DEMOCRATS’ LOSS of the House of Charles Rangel, one insider says, handy, an insider says. But uniting Representatives is particularly because Mr. Rangel had held out such a divided Congress behind 7.85%. demoralizing for Harlem Rep. hope for a return to his committee important legislation on buck ennis chairmanship. immigration or climate issues will “Rangel had harbored some likely be impossible. fantasies about getting back Ways and Means,” the insider says. “Now it’s just a matter of playing out the Grimm’s outlook on string in the minority.” GOP fat-trimming If Mr. Rangel, who took a leave from his chairmanship to battle THE ONE INCOMING majority member ethics charges, were to quit, of the city’s House delegation, Democratic county committee freshman Michael Grimm (below), members would pick their party’s says the savings from cutting nominee for a special election— government fat could reduce the essentially deciding the winner. Mr. federal deficit—and free up more Rangel’s trial before the House funds for his district, covering ethics committee is scheduled to Staten Island and western Brooklyn. begin Nov. 15. Mr. Grimm, who concedes that neither major party has a monopoly on good ideas, is willing to buck Managing while conservative orthodoxy.The 40- in the minority year-old former FBI special agent says the TARP bailout of the NOT ALL MEMBERS of New financial sector “was York’s Democratic House a good move for the delegation will suffer United States. It did because of their party’s help stabilize demotion to the minority. banking, but more Indeed, combative importantly, we personalities like Rep. should actually Anthony Weiner may make money on the flourish. Known more for TARP.” agitating than legislating, That said, Mr. Mr. Weiner, a 12-year Grimm is toeing the member, was not on the line on House verge of an important committee Republican priorities. He wants to chairmanship, anyway. extend the Bush tax rates on In the Senate, where Democrats’ income above $250,000, re- majority is now thin, Charles evaluate financial reform and Schumer’s skill at cobbling together defund the 2,000-page health care legislative consensus could come in reform law. Ⅲ

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8 | Crain’s New York Business | November 15, 2010 CN014077 11/10/10 1:13 PM Page 1

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VIEWPOINT Chancellor faces first test

editor in chief Rance Crain Jill R. Kaplan AYOR MICHAEL BLOOMBERG’S selection Grading was recalibrated and scores plunged, wiping out publisher, vp of magazine publisher Cathleen most of the gains that had vindicated Mr. Klein’s reforms. EDITORIAL editor Xana Antunes Black as schools chancellor was a Ms. Black’s supporters say she was chosen to forge managing editor Glenn Coleman jaw-dropper, even though her consensus.That will be crucial as declining city revenues and deputy managing editors Valerie Block, Erik Ipsen predecessor, Joel Klein, also came to deep cuts in federal and state aid force painful decisions on contributing editors the job with no education public schools. Bringing stakeholders to the table to confront Elizabeth MacBride, Elaine Pofeldt M columnists Greg David, Alair Townsend experience. Save for one day as a those stark choices is imperative. politics editor Erik Engquist guest principal in the Bronx, Ms. Black avoided public school Yet Ms.Black must be tough, especially on the matter of pulse editor Barbara Benson senior reporters Theresa Agovino, for the first 65 years of her life. She attended parochial school accountability—Mr. Klein’s hallmark. She must challenge the Aaron Elstein, Lisa Fickenscher, Matthew Flamm, Miriam Kreinin Souccar and sent her children to boarding school. union view that tenured members should not be fully reporters Marine Cole, Amanda Fung, Ms. Black’s results will determine whether her appointment accountable to their bosses. And she must also insist on better Daniel Massey, Adrianne Pasquarelli, Hilary Potkewitz, Jeremy Smerd was a brilliant stroke of outside-the-box thinking or a naive standardized tests.Testing art director Steven Krupinski gamble that business acumen is all that’s needed to lead the can enhance learning and deputy art directors Carolyn McClain, Ms. Black must Daniel Mednick school system. But her first task is clear: to quickly earn the measurement, but only if staff photographer Buck Ennis confidence of parents, teachers and administrators. earn confidence tests are well designed. copy desk chief Wendy Zuckerman copy editor Thaddeus Rutkowski Ms. Black expects to have just three years—the balance of Meaningful scores are research editor Denise Southwood of parents and editorial interns Brian Chappatta, the mayor’s term—to master the complex issues of urban essential to the David Montalvo, Laura Mortkowitz, Suzanne Panara education and make an impact. Mr. Klein initially made a few teachers—fast accountability movement. www.crainsnewyork.com senior producer Elisabeth Butler Cordova wrong turns but had the luxuries of time and a 50% funding Mr. Klein closed dozens producer Kira Bindrim increase. Ms. Black faces budget cuts. of dysfunctional schools, a In eight years at the helm, Mr. Klein made important last-resort solution. He EDITORIAL AND ADVERTISING OFFICES 711 Third Ave., New York, NY 10017-5806 changes to the city’s education system. He reorganized the broke up poorly editorial: 212.210.0277 Fax 212.210.0799 advertising: 212.210.0259 chaotic bureaucracy of the old Board of Education and ended performing large high schools and opened smaller ones, Cable craincom nyk social promotion.To get the best educators into the schools which have higher costs and fewer course offerings. With Fax 212.210.0499 Entire contents ©copyright 2010 Crain that needed them, he stopped senior teachers from education funding shrinking, Ms. Black should study large- Communications Inc. All rights reserved. ®CityBusiness is a registered trademark of MCP unilaterally bumping junior ones and introduced incentive school turnarounds in other cities for alternatives to the Inc., used under license agreement. pay. He gave principals control of their school budgets and shutdown option. forced middle schools to compete for students with each The new chancellor must build on Mr. Klein’s legacy and TO SUBSCRIBE: Call 888.909.9111; fax 313.446.6777. other and with new charter schools. use her fresh start with teachers to negotiate a contract that $3.00 a copy, $59.79 one year, $109.79 two years. www.crainsnewyork.com But he alienated swathes of constituents. Mr. Klein did not makes them part of the solution.The union is right about one connect with parents and was despised by the teachers union, thing:The system is too adversarial. It need not be, because ADVERTISING AND MARKETING whose warnings about the chancellor’s emphasis on the chancellor, mayor and educators have a common goal, advertising director Trish Henry senior account managers standardized testing were borne out this fall when the state which is to help children. It is up to Ms. Black to prove Irene Bar-Am, Courtney McCombs, William E. Squitieri account executive admitted that exams had become easy and predictable. herself and get everyone on the same page. Anthony Mowad sales manager, classified print & online John Gallagher sales coordinator, print & online Lulé Haznedari OMENT CRAIN’S ONLINE POLL C S newsletter product manager Alexis Sinclair credit Todd J. Masura 313.446.6097 SHOULD NBC ALLOW marketing director Amy Crossman SUSPENDED MSNBC The new schools chief assistant marketing manager Sabra Harrison director, audience development HOST KEITH OLBERMANN John LaMarca BACK ON THE AIR? managers and have experience in education. senior audience development manager KLEIN STEPS DOWN; BLACK STEPS UP Surely, one could have been found to become Tarek Cotran THIS IS ABOUT the ultimate insult to educators. schools chancellor in New York City. Date of poll: Nov. 8 general manager, interactive 391 votes Don’t misunderstand: I’m sure Cathie Black is Just how hard did Mayor Bloomberg look Marc Minardo a very nice woman, but she is an advertising for such a person? I say he didn’t look at all, web developer, interactive Yes. Everybody and publishing executive, not an educator! with the result being that the school system Chris O’Donnell knows where the . 60% This shows you how little Mayor Michael will suffer while Cathie Black is on her liberal Mr. Bloomberg knows about running our schools learning expedition.The students know more NEW YORK PRODUCTION Olbermann production and pre-press director stands on the and educating our children. But it does give about schooling than Ms. Black does. you some insight into his school strategy: Just Michael Corsi issues. It’s no —joe wright advertising production manager

shock to learn tell people the schools are better under his Suzanne Fleischman Wies that he donated 40%. leadership—i.e., market them—and somehow GREAT CHOICE AGAIN by the mayor. Remember money to a few they will be. I’m afraid not, Mr. Mayor. when “professional educators” were in charge? PUBLISHED BY CRAIN COMMUNICATIONS INC. Democratic chairman Keith E. Crain candidates. —judi francis Remember what a mess the schools were? No. If Mr. —paul piccone president Rance Crain secretary Merrilee Crain Olbermann wants GOOD RIDDANCE to Joel Klein, who has done to be regarded as a treasurer Mary Kay Crain real newsman, he’s more to destroy public education in New York ONE NEED LOOK no further than the results of executive vp, operations William Morrow got to be treated than anyone before him. His successor has one our terrible school system to realize it’s wise to senior vp, group publisher Gloria Scoby like one and held thing going for her. Well, two. First, she’s a seek a chancellor outside of the system. If there group vp, technology, circulation, to a higher manufacturing Robert C. Adams woman and therefore is more likely to listen. are good managers within the system, then why vice president/production & journalistic Second, she’s not Joel Klein. are the results of our schools so dismal? standard. manufacturing David Kamis —lois schwartz —doug peterson chief information officer Paul Dalpiaz corporate circulation/audience development director Kathy Henry IF YOU HAD A CHOICE between a manager with CRAIN’S WELCOMES SUBMISSIONS to its opinion founder G.D. Crain Jr. (1885-1973) newscom experience in education and a manager who pages. Send letters to [email protected]. Mrs. G.D. Crain Jr. For this week’s questions: Go to has no experience in education, which one Send columns of 475 words or fewer to chairman (1911-1996) www.crainsnewyork.com/poll to have your say. would you choose? There have to be hundreds [email protected]. Please include the writer’s of people in the nation who are both good name, company, address and telephone number.

10 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0011-NAT-CCI-CN_-- 11/12/2010 11:50 AM Page 1

OPINION

Having the support of private- sector unions will be very helpful Andy and unions: when Mr. Cuomo confronts the OUR CLIENTS’ leaders of state worker unions. He has made it clear that he wants a SUCCESS IS wage freeze and will seek conces- a costly divide? sions on benefits. Union backing will also be invalu- OUR SUCCESS able when Mr. Cuomo lobbies the NDREW CUOMO’S determination to split the union Legislature to cap annual property- movement in New York has business executives tax increases at 2% or the rate of infla- cheering. They should be more cautious. This tion,whichever is lower.This cap will might be a case of being careful what you wish for. force school boards to take the same steps with local teachers unions. Consider the symbolism of election night.As he Private-sector unions can also be Aclaimed victory, the governor-elect profusely thanked three la- expected to help Mr. Cuomo re- bor leaders for their support: Peter Ward of the hotel workers spond to the scare-ad campaign that the health care workers will pre- Some say success is found. union, Maggie Moran of the Laborers, and Neal Kwatra, the Charles Weinstein, CPA dictably launch when he takes the At EisnerAmper, we know Chief Executive Officer knife to Medicaid spending. success is made. 212.949.8700 political director of the ho- members pay taxes The question that should be asked tel workers organization, (rather than drawing is, what is the price of union support? Howard Cohen, CPA With nearly 1,200 professionals, Chairman who ran the Cuomo door- their pay from taxes), Peter Ward has publicly called 732.287.1000 to-door effort. He noted and, like other citi- for government assistance in organ- EisnerAmper lends our talent with pride that he had been zens, they believe izing the growing number of and resources to help clients www.eisneramper.com backed by the AFL-CIO that their taxes are nonunion hotels. The construction succeed every day. and building workers. too high. Further- unions want prevailing-wage laws Left out—deliberately, more, growing pres- enforced, and also want them ex- EisnerAmper LLP of course—were the state’s sure from nonunion tended to affordable-housing and Accountants & Advisors powerful public-sector competitors has nonprofit projects that receive tax- Eisner LLP and Amper, Politziner & Mattia, LLP have combined their accounting, tax and unions: the teachers, the GREG forced hotel work- exempt bonds or other benefits.The advisory services practices. state government employers, construction building workers union wants proj- New York New Jersey Pennsylvania Cayman Islands Independent Member of PKF International ees and the health care DAVID workers and others ect developers to be forced to in- workers. Everyone knows a to moderate their clude provisions that guarantee that confrontation is coming as contract demands. its organizing campaigns succeed. Mr. Cuomo moves to reduce state They have little solidarity with pub- No one knows where the gover- spending in order to close a $9 bil- lic-sector workers, who have re- nor-elect stands on these issues, but lion deficit without raising taxes. ceived significant pay hikes during we do know that he will owe the pri- Private-sector unions are happy the recession, and who enjoy gener- vate-sector workers for their past to support the Cuomo agenda.Their ous health and pension benefits. and future support.

businesses or so arts-in-education organizations can collaborate with founders of charter schools. Nonprofits have l Incentivize nonprofits to hire recent college graduates to fill needed roles while they learn important big role in state lessons about professional development and social responsibility. l Rearrange state budgets with BY LESLEY FRIEDMAN ROSENTHAL existing charitable resources in mind. For example, recalibrate S GOVERNOR-ELECT ANDREW CUOMO and legislators school aid and Medicaid expendi- shape their plans for New York next year, they tures so that public spending on stu- should pay close attention to the state’s vibrant not- dents, the elderly and the disabled complements and stimulates private for-profit sector,as it is the standard-bearer for in- nonprofit resources and support. novation and service to the state and its people.The l Safeguard against encroach- 80,000 not-for-profit organizations in the state play crucial roles: ments on sales- or property-tax A exemptions, which would hurt al- leading efforts to prevent or cure disease, alleviate poverty, ad- ready-stretched hospitals, elder- vance education, address environmental and social concerns, care facilities and YMCAs. l Promote visibility for worthy and ennoble through culture. tain our state’s primacy as innovator, nonprofits by providing voluntary New York’s robust charitable sec- incubator and magnet for invest- check-offs on state tax forms. tor, including such powerhouses as ment. Here’s how. l Include nonprofit destinations Columbia University,Sloan-Ketter- l Adjust taxes to encourage more in the state’s promotion of tourism ing, the Red Cross, the Ford Foun- giving.For example,reward taxpayers and convention activity. dation and Lincoln Center,as well as for increases in year-over-year char- l Make nonprofits part of New community-based organizations, itable giving and incentivize artists York’s federal lobbying strategy. such as local drug-prevention pro- to donate their work to charity auc- The public’s trust in state govern- grams,small community theaters and tions in support of good causes. ment may be at a low ebb, but pub- religion-based charities, help fuel l Promote regulatory,administra- lic support for nonprofits endures. the state’s economy, generating over tive and legislative reforms that make By recommitting himself to the $150 billion in revenue annually and it easier to start and operate nonprof- well-being of our valuable nonprof- employing hundreds of thousands of its, especially in high-tech, medical it institutions, Mr. Cuomo can take New Yorkers. Second in size only to research and green industries. important steps toward reclaiming the government as an employer in l Encourage and facilitate part- the state’s role as a national beacon the city, the nonprofit sector pro- nering among nonprofits and and perpetuate its highest ideals. vides more jobs than the financial between them and for-profit busi- and insurance industries combined. nesses.For instance,provide a clear- Lesley Friedman Rosenthal is vice presi- Working together, state govern- inghouse so that environmental dent and general counsel of Lincoln Center ment and nonprofits can help main- groups can pair up with green-tech for the Performing Arts.

November 15, 2010 | Crain’s New York Business | 11 20101115-NEWS--0012-NAT-CCI-CN_-- 11/11/2010 3:22 PM Page 1

NEIGHBORHOOD JOURNAL

vantage of events in the stadium and Bronx strip looks for a big-name draw flourish.” The fact that the Yankees failed to make it to the World Series ap- the figure is less than $20,000. and urging them to lengthen their twice. They learned their lesson the pears to have provided the final im- Hunts Point retailers Medina Sadiq, executive direc- hours of operation, especially dur- hard way in September, when many petus for merchants to change a want a major store tor of the Southern Boulevard Busi- ing the holidays. failed to exploit the hype surround- business model that relies solely on ness Improvement District, says “We can do sales,and we can stay ing two sold-out Jay-Z and Em- the team and its fans. to lure more crowds; the area also suffers from a lack of open late,” says Ms. Morales. “But inem concerts. On Nov. 20, for the first time in no big boxes, please big-name stores to draw shoppers we still need people to come shop.” “The concerts proved to every- decades, the stadium will host the from surrounding areas. Most of —emily lavin body that it’s not an us-versus-them annual Notre Dame-versus-Army ETAILERS in Manhattan the 100 or so businesses in the situation,” says Cary Goodman, ex- game. In anticipation of the return are gearing up for what neighborhood are independent op- ecutive director of the 161st Street of the football classic, some vendors looks to be a promising erations or part of local chains Playing ball when Business Improvement District, re- have added leprechaun-decorated holiday season.They are such as Fabco. the Yanks aren’t ferring to local owners who are con- gear to their inventories. “If we do hiring more workers, “We obviously don’t want the cerned about losing sales to the sta- well, I’m going to keep doing it,” Ropening more pop-up stores and or- area overrun with big-box stores, VENDORS NEAR Yankee Stadium dium’s restaurants and shops. “The says Mike Hong,owner of D & J Va- dering more merchandise with the but having one or two of them here aren’t making the same mistake business community can take ad- riety, one block from the stadium. expectation of a solid increase in would help bring in customers,”says Some are extending their operat- sales. Ms. Sadiq. “And then those cus- ing year, following the example of That optimism isn’t shared by tomers, hopefully, would visit the Stan’s Sports Bar, on River Avenue, merchants in many other parts of smaller businesses as well.” and others. the city, including those on South- Store owners say that as it stands, “We want to be alive and well ern Boulevard, in the Hunts Point nearby residents travel to such in the community 365 days as op- section of the Bronx. places as Fordham Road or Gateway posed to 90 days a year,” says Mike “Most of the people that come in Mall, which offer a mix of smaller Rendino, Stan’s general manager. GAME OVER: Not here now, they look but they don’t businesses and bigger retail chains, having the World Series “We don’t want to be a seasonal buy,” says Trinidad Morales as she including Target and Bed Bath & was the final straw for business.” stands behind the counter at Fabco Beyond. many local merchants. As part of the change, Mr. Shoes watching two customers Undeterred, the Southern Rendino plans to expand his browse the merchandise. “Nobody Boulevard BID is working to make menu offerings to include chili has any money to spend.” the neighborhood more attractive to and soups in colder months—as That may be especially true in shoppers. It recently persuaded the well as the obligatory hot dogs and the Bronx, where the median fam- city’s Department of Transporta- hamburgers. ily income is just over $34,000 a tion to install lighting on surround- “We’re looking to transition our year, compared with $66,000 in ing streets. The group is also adver- business,’’ he says.

Manhattan. And in Hunts Point, tising local stores on Cablevision bloomberg news —amy yensi

Meet Julie Amsden.

Hammondsport native. Mom. Local landowner. Supporter of natural gas.

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12 | Crain’s New York Business | November 15, 2010

20101115-NEWS--0014-NAT-CCI-CN_-- 11/12/2010 2:21 PM Page 1

Mount Sinai Medical Center re- largest urology practice. cently purchased a number of prac- Integrated, in Melville, L.I., has Physician, sell thyself tices and is “aggressively pursuing been approached by many urologists additional high-quality” ones, a looking to join the group rather than Continued from Page 1 comes the hospital’s headache. spokesman says. work for a hospital,Dr.Kapoor says. ernment cut reimbursement for nu- “Guys like me are asking, ‘Why The North Shore-Long Island “There’s an enormous amount of clear stress tests by 40% and cut pay- not?’ ” Dr. Steinberg says. Jewish Health System has brought pressure on professional revenue. ments for echo tests 10% each year on 183 physicians as employees so Practices you’d never think would for five years. When the stress test Steady paychecks far this year,about 50% more than in sell are entertaining offers.” was reimbursed at $1,200 to $1,500, OVER THE PAST FEW MONTHS, hun- all of last year. (The tally doesn’t in- The situation is most acute for “I could make a decent profit,” Dr. dreds of New York area doctors have clude 110 doctors from the system’s cardiologists, whose revenue has Steinberg says. But at the rate of dealt with the choice Dr. Steinberg recent merger with Lenox Hill Hos- been hit by federal cuts for diagnos- $700 to $800 a test, he adds, “the is mulling. In exchange for a steady pital.) NYU Langone Medical tic procedures. A full 60% of the spe- whole playing field has changed.” paycheck, these doctors have signed Center added about 100 doctors this cialty’s businesses are in merger talks Three hospitals are bidding on contracts that mandate they hit pro- year by acquiring practices from the with hospitals or other practices, ac- Dr. Steinberg’s practice. If he makes ductivity and patient-satisfaction West Side to Great Neck. cording to a recent survey by the a deal, he and his staff become hos- benchmarks. An added benefit for “Right now, virtually everyone is American College of Cardiology. buck ennis pital employees, and he takes home giving up their autonomy: relief in play,” says Dr. Deepak Kapoor, “There have been fundamental TOUGH CALL: Dr. Eric Steinberg’s cardiology a salary that will help support his from the pressures of federal health chief executive of Integrated Med- changes in reimbursement” for all practice is being courted by three hospitals. eight kids. Best of all, cash flow be- care reform and Medicare cuts. ical Professionals, the country’s physicians, says Dr. Andrew Brot-

man, NYU Langone’s senior vice president and vice dean for clinical affairs and strategy. “They’ve made it more difficult for independent practitioners to operate, and many have sought other opportunities.” Federal health care reform is also pushing doctors onto hospital pay- rolls. Whether or not congressional Republicans dismantle elements of the law, the industry is moving toward some of the concepts in the legislation. They include accountable care organizations, in which providers will be rewarded for delivering high-quality, less costly and more efficient care. To make the model successful, hospitals and physicians will have to work together closely to coordinate care—and what’s closer than the employer- employee relationship? Deal, or lose it LARGE PHYSICIAN NETWORKS “really do position us for health care reform and accountable care organizations,” says Deborah Schiff, vice president of strategy and business development at North Shore-LIJ. “At this point, we don’t see the trend Side by side. slowing.” Hospitals not actively competing to make deals risk losing patients a Quarter by quarter. doctor may have previously referred to them. As staff members, physicians steer patients to an employer’s Year after year. facilities and specialists. Instead of selling their practices outright as an asset purchase, doc- Opportunity at every step. tors agree to three- to five-year hospital contracts.Their revenue is broken into “relative value units,” a measure of productivity. If they stay Overnight success often results from years of relentless effort. That’s why we work closely with you at every step. Turning within 90% of the RVU level, their salary is guaranteed for the length of our industry knowledge into nancial resources right for your business by combining advice, expertise and a comprehensive the contract, which is renewed. Those who miss targets are paid range of commercial banking solutions including credit, treasury and liquidity. All with one goal, helping you meet the needs through the end of the contract, but of the day and your plans for tomorrow. the relationship then ends. Primary care doctors command salaries of $150,000 to $180,000 and specialists $200,000 to $280,000. Learn more about our comprehensive solutions. Professionals who assess practices’ fair-market valuation say that Call Thomas Carley at 1.212.796.6947 or visit bankofamerica.com/businesssolutions2 some doctors may be surprised at what their practices are worth. For example,cardiology businesses have declined 25% to 30%, says Michael La Penna, principal at La Penna Group, a health care consultancy in Grand Rapids, Mich. “Prices have dropped universal- ly because of [lower] reimburse- “Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are ment and [greater] uncertainty,” he performed globally by banking afliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by says.“We can’t predict cash flow for investment banking afliates of Bank of America Corporation (“Investment Banking Afliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated, which is a registered broker-dealer and member of FINRA and SIPC, and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Afliates: Are Not FDIC Insured * May Lose Value * Are Not Bank Guaranteed. specialty practices anymore, and ©2010 Bank of America Corporation. goodwill valuation is almost nonexistent.” Ⅲ

14 | Crain’s New York Business | November 15, 2010 Project2:fp template.qxd 9/21/10 12:17 PM Page 1

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N RECENT MONTHS, at least half a dozen stalled for the Isabella, a 63-unit condo in UNDER WATER Clinton Hill, to get going again. condominium conversions in Brooklyn have restarted Conceived at the peak of the mar- Percentage of homeowners after getting new owners or a fresh injection of cash. ket, these projects helped Brooklyn whose mortgages are higher than Cayuga Capital Management said last week that it become “the poster child for stalled the value of their homes. I development in the city,” says Ken 88 would revive Steelworks Lofts, an -unit luxury condo Krasnow, managing director at BRONX conversion in Williamsburg whose loan it had bought. Massey Knakal Realty Services. Cupcake guy Cayuga plans to turn the former Lewis Steel Products factory But the borough has been shed- settles down 20 ding that label lately. Demand from 14.8% into a rental property. Similarly, Henry, a long-troubled THE CUPCAKESTOP apartment buyers has returned on , known for sell- 39-unit conversion of the former Peaks Mason Mint factory in the back of price cuts of at least 25%, ing baked goods off trucks around BROOKLYN Brooklyn Heights, was resuscitated by Magic Johnson’s and the rental market is strong. the city, is getting its first fixed spot Canyon-Johnson Urban Fund, which acquired the “Most people will tell you the in Manhattan. The 16-month-old 6.5% Brooklyn market has turned the cor- company recently signed a five-year construction loan, bought out the project’s former equity ner,” says Mr. Krasnow. lease for 450 square feet at 70 Green- partner and put in capital. CJUF also provided fresh financing —amanda fung wich Ave. The asking rent was $120 a MANHATTAN square foot. The company has a baking facil- 2.5% ity and storefront in Montclair, N.J., $34 a square foot. properties. Bill Peters and Sean and an outpost in Chelsea’s Lime- Online ad firm Tremor’s location at 122 W.26th Black of Jones Lang LaSalle repre- light Marketplace, but this is its first QUEENS doubles space St., between Sixth and Seventh av- sented Tremor. permanent store here. “My idea was enues, is not only smaller but also “They liked that they will be on to have a beautiful brick-and-mortar 10.8% TREMOR MEDIA INC. is moving into new scattered on two floors. The tenant one floor—it gives them the ability location, but initially the money space in Chelsea that will more than will take over the 12th floor at the to expand,” says Mr. Buslik. wasn’t there, so we went the truck double the size of its current office. new location—the buildings are Tremor Media received $40 mil- route,” says CupcakeStop Chief Ex- STATEN ISLAND The online video advertising connected on that floor—at the end lion in venture financing for expan- ecutive Lev Ekster. company has signed an 11-year of this month, according to James sion in the spring. It was one of the Ryan Abramow of JDF Realty 9.5% lease for 22,000 square feet at 30 Buslik of Adams & Co.Real Estate. three largest such investments in the Inc. represented Mr. Ekster, while W. 24th St. and 53 W. 23rd St., adjoin- Mr. Buslik, along with colleague New York area during the second landlord Thomas M. Graham & Source: Zillow ing buildings between Fifth and Alan Bonett, represented R.P. 23 quarter. Co. was represented in-house. Sixth avenues. The asking rent was Associates, the landlord of both —amanda fung —adrianne pasquarelli

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16 | Crain’s New York Business | November 15, 2010 CN014080 11/10/10 1:05 PM Page 1 20101115-NEWS--0018-NAT-CCI-CN_-- 11/11/2010 5:29 PM Page 1

SMALL BUSINESS

“It’s a huge amount of time,”Ms. Social-media needs spur student hires Brothers says.“But we want to get it right.”

helped with tasks including devis- Let’s do lunches More NY firms seek ing a Facebook and Twitter strategy CHIEF MICHAEL AIKEN goes a step fur- the digitally savvy; and creating an e-mail campaign.In ther at Spring, a six-employee Man- exchange, she received course credit. hattan firm that generates seven-fig- help is inexpensive, Business students have long been ure sales by providing business a source of low-cost help for small marketing services to musicians. He but time-intensive businesses in the city,typically receiv- meets individually with his internand ing as little as $10 an hour, or simply arranges opportunities like lunches BY ANNE FIELD school credit.But lately,area business with social-media experts. schools have reported a sharp rise in “You can’t just sit them down and HEN HUSBAND- interest from small companies that tell them to get to work and leave it and-wife team want to hire interns or consultants. at that,” says Mr. Aiken. Robard Williams FACE TIME: Natalie Natalie Rogers has found a way Help wanted Rogers is getting a whole and Amanda Fordham classroom’s around the supervision quandary. A Allen founded “FIVE YEARS AGO, I might have got- worth of help with a self-described “bad marketer” who NewlyWish.comW in 2009, they ten one call every four or five weeks,” marketing plan. runs Talk Power—a Manhattan- needed a savvy social-media strategy says Bruce Bachenheimer, program based consultancy that helps profes- to promote the online gift registry. director of entrepreneurship at Pace sionals conquer public-speaking

But given their background in bank- University’s Lubin School of Busi- buck ennis phobias—she recently signed on ing and risk management, creating ness.“Now,it’s more like one a week, with a social-media class at Ford- such a plan wasn’t their strong suit. at a minimum.” small businesses with interns, part- Firm in Manhattan. ham. At semester’s end, teams of To find the required expertise, Baruch College’s Zicklin School timers and freelancers.The number Furthermore, to attract the most students will present her with pro- they made a choice that has become of Business and Columbia Business of such internships listed on her site highly sought students, firms need posals for a marketing plan. She and increasingly popular: hiring a stu- School have also seen significant in- has risen 50% in the past six months. to find ever-more-engaging ways to the professor will choose the best. dent who knew more than they did creases in requests from small firms. Relying on students instead of advertise their gigs, and they must “I think this will put me on the about Facebook and similar sites. A desire to tap the expertise of professional marketers—who can be prepared to offer lots of feedback. map,” says Ms. Rogers, whose firm “Students are more tuned in to digitally savvy students who’ve charge $100 an hour or more—does Joan Brothers,owner of boutique now chalks up some $100,000 in sales. social media than even people like grown up with social media is driv- bring challenges.First of all,compa- real estate company Manhattan At least,it could put her on Face- myself with considerably more busi- ing much of the uptick in demand. nies that set up internships may re- Global Properties, meets twice a book—without a hefty price tag. Ⅲ ness experience,”says Mr.Williams. “Many internships on our web- quire legal help to comply with week for two hours with each of her NewlyWish’s part-time intern— site include at least some social me- complicated labor laws. two interns. They’re helping the To sign up for Crain’s who’d worked in marketing before dia and marketing,” says Cari Som- “There’s a lot of gray area,” says firm gear up for a trade show in Bei- SMALL BUSINESS newsletter, go to enrolling at Fordham University mer,co-founder of Manhattan-based Salvatore Gangemi,an employment jing next spring by reworking its www.crainsnewyork.com/smallbiz. Graduate School of Business— urbaninterns.com, which connects law specialist with Gangemi Law website and social-media strategy.

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18 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0019-NAT-CCI-CN_-- 11/11/2010 3:23 PM Page 1

SMALL BUSINESS INSIDE Financial Assistance, Page 19; Advice and Education, Page 20; Assistance for Women & Minorities, Page 22; Procurement Help, Page 24; Export Assistance, Page 26; Business Improvement Districts, Page 26; Chambers of Commerce, Page 29 ➚ WEB EXCLUSIVE FOR LISTINGS of Local Development Corporations, Small Business Development Centers and Utility Services, visit www.crainsnewyork.com/growingabiz GROWING A BUSINESS GUIDE The ultimate resource for small business aid in New York City istockphoto

The following officer, (718) 624-9115 organizations provide E-mail: [email protected] BANK BRANCHES IN NEW YORK CITY Financial financial assistance or Website: www.bocnet.org incentives to small 703 Total: 1,434 businesses that are ● BRONX OVERALL ECONOMIC Assistance expanding in or relocating DEVELOPMENT CORP. to the New York area. Assists with a range of services for 436 Bronx businesses that are expanding, as 345 well as firms that are interested in relocating to the Bronx. ● 153 ACCIÓN USA Program assists small businesses and Contact: Kate Shackford, executive vice 107 Provides loans of up to $50,000 to entrepreneurs located in the Northern president, (718) 590-3498 Manhattan Queens Brooklyn Bronx Staten Island small business owners who do not Manhattan Empowerment Zone with E-mail: [email protected] As of June 30, 2010. Source: Federal Deposit Insurance Corp. qualify for traditional financing. Green access to financing and technical Website: www.boedc.com business loans are available at reduced assistance. Services include business Its Bronx Empowerment Zone offers a interest rates to help businesses make planning, loan packaging, help with variety of low-cost financing programs $1.2 million to businesses located in the ● BUSINESS INITIATIVE CORP. energy-saving investments. government permits and licensing, and for businesses located in the zone. Bronx Empowerment Zone. OF NEW YORK Contact: Loan Inquiries, (866) 245-0783 computer training. Services are free and Contact: Frank C. Randazzo, director, Contact: Kate Shackford, The 504 Loan Program allows E-mail: [email protected] are offered in both English and Spanish. (718) 590-6016 executive vice president, businesses to obtain financing at Website: www.accionusa.org Contact: Carmen Diaz-Santiago, E-mail: [email protected] (718) 590-3498 reduced rates with only 10% down. executive director, (212) 544-2400 Website: www.boedc.com E-mail: [email protected] Loans can be used to purchase real ● AMERIMERCHANT E-mail: [email protected] Its Bronx Initiative for Energy and the Website: www.boedc.com estate or construction equipment, or to Offers alternative financing that Website: www.audubonpartnership.org Environment established the Bronx cover land improvements and soft costs provides retail and restaurant businesses Environmental Revolving Loan Fund, ● BUSINESS CENTER FOR NEW associated with a project. BIC can lend with $5,000 to $200,000 in working ● BOC CAPITAL CORP. which offers loans of $10,000 to AMERICANS as much as $2 million in economically capital by purchasing a business’s future An affiliate of the Business Outreach $100,000 for implementation of energy- Offers resources for business deprived areas and as much as $4 credit card sales at a discount. Center Network that provides efficiency measures and environmental development, including technical million to manufacturers. Contact: Andrew Altschuler, vice president microenterprise financing, with a special technologies. Also administers the assistance, microloans of up to $35,000, Contact: Madeline Marquez, executive of sales, (212) 779-2100, ext. 101 focus on small business, women, minority Empowerment Zone Environmental and training in e-commerce and director, (718) 590-3980 E-mail: [email protected] and immigrant entrepreneurs. Also Fund, which offers grants of up to business management. The center is E-mail: [email protected] Website: www.amerimerchant.com provides ongoing business counseling $100,000 to EZ businesses that have equipped with a technology lab. Website: www.boedc.com and technical assistance to prospective received an EZ loan. These grants will Contact: Yanki Tshering, ● AUDUBON PARTNERSHIP FOR borrowers. Its Loan Fund offers small cover the incremental costs of installing (212) 898-4112 ● CAMBA ECONOMIC ECONOMIC DEVELOPMENT business loans of up to $35,000. either a green roof or solar panels. E-mail: [email protected] DEVELOPMENT CORP. Its Community Business Partners Contact: Hector Davis, senior lending BOEDC also offers loans of $10,000 to Website: www.nybcna.org Continued on Page 20

November 15, 2010 | Crain’s New York Business | 19 20101115-NEWS--0020-NAT-CCI-CN_-- 11/11/2010 3:23 PM Page 1

REPORT GROWING A BUSINESS GUIDE

These organizations and entrepreneurial training and networking agencies provide technical, opportunities for independent fashion ENTREPRENEURIAL ECONOMY Advice and managerial or financial advice designers. The group meets monthly to and training to entrepreneurs participate in workshops and meet NYC is a prime site for entrepreneurs. interested in starting up or buyers, manufacturers, marketers and Nearly half of the state’s small Education expanding their small other people involved in the fashion businesses are located here. The city businesses. industry. ranks 2nd in the U.S., behind L.A., as Contact: Sujatha Sebastian, director, a hot spot for small business owners. Women’s Business Center, (718) 624-9115 ● BUSINESS OUTREACH CENTER Consortium, (973) 242-5562 E-mail: [email protected] NETWORK Contact: Theresa Santiago, director of Website: www.bocnet.org Free services and resources for small network programs, (718) 624-9115 businesses. The New York City centers E-mail: [email protected] ● CAMBA Small businesses include both small employers of fewer than 500 employees, and nonemployers. serve multiethnic business communities Website: www.bocnet.org Its Small Business Services Program Sources: U.S. Small Business Administration, U.S. Census Bureau citywide. Brooklyn: North Brooklyn, Its Child Care Business Development provides a spectrum of services to (718) 624-9115; South Brooklyn, Project offers training programs and entrepreneurs looking to start a business (718) 253-5262 Manhattan: Chinatown, counseling to help home-based child- and to existing small businesses looking Website: www.camba.org (212) 803-3234 (212) 966-7328; Upper care providers obtain licenses and start to expand. It provides small business E-mail: [email protected] Manhattan/Washington Heights- to grow their businesses. loans of up to $15,000, free ● EMPIRE STATE DEVELOPMENT Website: www.empire.state.ny.us Inwood, (212) 795-1600 Contact: Rosalinda Martinez-Gasca, entrepreneurial training, business Its Entrepreneurial Assistance Program Queens: Corona, and Steinway and director, (718) 205-3773 consulting, business plan development provides training, technical assistance and ● FASHION INSTITUTE OF TECHNOLOGY Maspeth IBSP, (718) 205-3773 E-mail: [email protected] and other services. support services to individuals who have Its Enterprise Center offers four-week Staten Island: West Brighton LDC, Website: www.bocnet.org Contact: Paisley Demby, director, recently started a business in New York entrepreneurial courses for artists, (718) 816-4775 Newark: Greater Its Business Outreach Center Network- (718) 282-2500 state, or are interested in starting one. designers and fashion industry Newark Business Development Fort Greene Fashion Group provides E-mail: [email protected] Contact: Joyce Smith, director, Continued on Page 22

modernized, rehabilitated, expanded or programs that encourage investment, ● NEW YORK STATE FOUNDATION FOR ● RENAISSANCE ECONOMIC otherwise physically improved. generate prosperity and strengthen SCIENCE, TECHNOLOGY AND DEVELOPMENT CORP. Financial Contact: INNOVATION Small Business Loan Fund Dial 311 the city’s competitive position. Its offers Website: www.nyc.gov/finance Provides industry expertise and Its Small Business Technology loans of up to $100,000 to entrepreneurs financial resources for companies Investment Fund offers capital for who require additional funding to Assistance ● NEW YORK CITY DEPARTMENT OF interested in locating or growing in New qualified innovative-technology-based expand enterprises or start new ones. SMALL BUSINESS SERVICES York City. businesses. Investments (debt and The affordable-interest-rate installment Its Access to Capital Program helps Contact: (212) 312-3523 equity) range from $50,000 to $500,000 loans may be used for working capital or Continued from Page 19 businesses access financing by referring E-mail: [email protected] and have a matching-funds requirement. fixed assets. Provides a spectrum of services to customers to credit repair services, Website: www.nycedc.com Also promotes regional seed funds and Contact: (212) 964-6022 individuals looking to start a business, helping prepare all of the required Its Commercial Incentives for Lower works with regional investors to provide E-mail: [email protected] existing businesses and neighborhood financial documents and assisting with Manhattan Program offers savings for technology startups with funding and Website: www.renaissance-ny.org commercial centers. Helps to expand, completion of loan applications. NYC businesses relocating or recommitting to support at the earliest stages of create or attract business through the Business Solutions Centers have a lower Manhattan. They include investing. ● SOUTH BRONX OVERALL ECONOMIC delivery of hands-on business network of banks and nontraditional commercial rent tax savings, sales tax Contact: Clayton Besch, director of DEVELOPMENT CORP. consulting, small business loans of up to lenders and can find the right lender to savings, Lower Manhattan Relocation business development, (518) 292-5700 Its Port Morris Empire Zone Program $15,000 and entrepreneurial training. improve a business’s chance of getting a and Employment Assistance Program E-mail: [email protected] provides services including Empire Contact: Paisley Demby, director, loan. benefits and World Trade Center rent Website: www.nystar.state.ny.us Zone certification, tax benefits (718) 282-2500 Contact: Zahra Amanpour, director, reductions. assistance, procurement opportunities E-mail: [email protected] (212) 513-9223 Contact: (212) 312-3523 ● NEW YORK STATE TRADE ADJUSTMENT and entrepreneurial development. Website: www.camba.org E-mail: [email protected] E-mail: [email protected] ASSISTANCE CENTER Contact: Stephane Hyacinthe, director of Website: www.nyc.gov/nycbusiness Website: www.nycedc.com Equips New York state manufacturers industrial business zones, ● EMPIRE STATE CERTIFIED Its Avenue NYC: Commercial and service firms to respond to import (718) 732-7548 DEVELOPMENT CDC: THE 504 Revitalization Program provides funding ● NEW YORK CITY INDUSTRIAL competition by offering 50-50 cost- E-mail: [email protected] COMPANY for nonprofit economic development DEVELOPMENT AGENCY sharing on consulting projects up to Website: www.sobro.org Certified by the U.S. Small Business organizations to carry out commercial Its Bond Program issues tax-exempt $150,000. The funds are applied toward Administration to provide financing, revitalization activities in the districts bonds to finance capital projects of $4 the cost of professional consultants, ● UPPER MANHATTAN with a lending partner, of up to 90% for they serve. The goal of the program is to million or more. Qualifying borrowers engineers or other outside service EMPOWERMENT ZONE projects involving acquisitions and/or create conditions under which include owners and developers of providers engaged on behalf of a firm to Its Business Resources and improvement of real estate, machinery businesses can thrive and residents can manufacturing and solid-waste recycling develop and implement projects in Investment Service Center offers startup and equipment through the 504 enjoy access to a vibrant mix of goods facilities and developers of eligible manufacturing, engineering, marketing, and/or expansion loans of between program. and services. facilities in the Empowerment Zone. information technology and strategic $50,000 and $250,000 to qualified Contact: Chet Sadowski, senior vice Contact: Andrea Buteau, director of Contact: (212) 312-3600 planning. entrepreneurs in upper Manhattan. In president, (212) 785-5642 program management, (212) 618-8970 E-mail: [email protected] Contact: Gary Youmans, director of client addition, technical assistance programs E-mail: [email protected] E-mail: [email protected] Website: www.nycedc.com/nycida development, (212) 921-1662, ext. 302 are available to ensure the sustainability, Website: www.nybdc.com Website: Its Not-for-Profit Bond Program enables E-mail: [email protected] profitability and growth of small www.nyc.gov/html/sbs/html/neighborhood/ 501(c)(3) organizations that are Website: www.nystaac.org businesses in the Upper Manhattan ● NEW YORK BUSINESS avenuenyc.shtml purchasing, developing, renovating or Empowerment Zone. Technical DEVELOPMENT CORP. Its Empire Zones Program encourages equipping facilities for their own use to ● OVERSEAS PRIVATE assistance includes consulting services, Promotes economic development capital investment and job growth access triple-tax-exempt bond financing INVESTMENT CORP. workshops, seminars and access to a through long-term, fixed-rate loans for through incentives for new and and, in some cases, a mortgage recording Provides political risk insurance and large “how-to” library. creditworthy businesses in cooperation expanding firms. These include wage, tax reduction. Pooled bond structures are medium- to long-term funding through Contact: Hope Knight, chief operating with its lending partners. Loans of up to investment and property tax credits; a also available for certain not-for-profit direct loans and loan guarantees to officer, (212) 410-0030, ext. 206 $4 million with 90% financing. state sales tax exemption; utility borrowers to reduce costs. eligible investment projects in E-mail: [email protected] Contact: Chet Sadowski, senior vice discounts; and low-interest loans. Contact: (212) 312-3600 developing countries and emerging Website: www.umez.org president, (212) 785-5642 Contact: Jared Walkowitz, director, E-mail: [email protected] markets. E-mail: [email protected] (212) 618-8863 Website: www.nycedc.com/nycida Contact: Alison Germak, public ● U.S. SMALL BUSINESS Website: www.nybdc.com E-mail: [email protected] Its Small Industry Incentive Program information officer, (202) 336-8799 ADMINISTRATION — FINANCIAL Website: www.nyc.gov/nycbusiness provides qualifying industrial and E-mail: [email protected] ASSISTANCE PROGRAM ● NEW YORK CITY CAPITAL Its Locally Based Enterprise Program manufacturing companies with real Website: www.opic.gov The SBA is the nation’s largest single RESOURCE CORP. works to ensure that regardless of the estate tax abatements, mortgage- backer of small business loans. Encourages community and economic gender or ethnicity of firms’ owners, recording tax benefits and sales tax ● QUEENS ECONOMIC Guarantees loans of up to $4 million. development and job creation and companies doing business in exemptions on the purchase of materials DEVELOPMENT CORP. Contact: Ronald Goldstein, assistant retention throughout New York City by economically deprived areas of the city used to construct, renovate or equip Its Business Services Department district director, (212) 264-4321 providing lower-cost financing or employing economically facilities for their own use. provides entrepreneurial training E-mail: [email protected] programs to qualified businesses for disadvantaged persons receive no less Contact: (212) 312-3600 courses, one-on-one technical assistance Website: www.sba.gov their eligible capital projects or large than 10% of subcontracting E-mail: [email protected] and specialized workshops to equipment purchases. opportunities on construction and Website: www.nycedc.com/nycida entrepreneurs wishing to start or ● WASHINGTON HEIGHTS AND INWOOD Contact: (212) 312-3600 construction-related contracts directly expand a business. Assistance in loan DEVELOPMENT CORP. E-mail: [email protected] awarded by the city to contractors. ● NEW YORK STATE BANKING packaging, acquiring permits/licensing Its BO$$ Loan Program provides Website: www.nycedc.com Contact: Certification Hotline, DEPARTMENT and business plan development are also direct loans of up to $25,000 to (212) 513-6311 Has listings of governmental and available. businesses, primarily in upper ● NEW YORK CITY DEPARTMENT E-mail: [email protected] private-sector financial assistance Contacts: Franklin Mora, entrepreneurial Manhattan. Makes loans of up to OF FINANCE Website: www.nyc.gov/getcertified programs, as well as technical assistance assistance program , $50,000 or more in partnership with Its Industrial and Commercial programs, under the “Small Business (718) 263-0546 other lenders. Abatement Program provides abatements ● NEW YORK CITY ECONOMIC Directory” section of its website. Johanna Maynard, Women’s Business Contact: Dennis C. Reeder, executive of real property taxes for varying periods DEVELOPMENT CORP. Contact: (877) 226-5697 Center director, (718) 263-0546 director, (212) 795-1600 of up to 25 years for eligible industrial Stimulates economic growth E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] and commercial buildings that are built, through expansion and redevelopment Website: www.banking.state.ny.us Website: www.queensny.org Website: www.whidc.org Ⅲ

20 | Crain’s New York Business | November 15, 2010 CN013986 9/24/1011:28AMPage1

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Contact: Theresa Santiago, director These organizations SELF-EMPLOYMENT IN NY STATE of network programs, Assistance offer programs, (718) 624-9115 counseling, THE NUMBERS of female and minority businesspeople who are self-employed, E-mail: [email protected] training and other out of the total number of individuals statewide Website: www.bocnet.org services specific to Its Women’s Business Center offers for Women women and business training, one-on-one TOTAL NONAGRICULTURAL 536,000 minorities counseling and financing resources to wishing to start FEMALE 194,000 help women entrepreneurs start and or expand their & Minorities BLACK OR AFRICAN-AMERICAN 69,000 grow their businesses. Services are businesses. offered in English, Spanish and Russian. HISPANIC 66,000 Brooklyn: North Brooklyn, (718) 624-9115 Staten Island: West ASIAN 41,000 Brighton, (718) 816-4775 ● ASIAN AMERICAN BUSINESS DEVELOPMENT CORP. Contact: Sujatha Sebastian, director, DEVELOPMENT CENTER Its Springboard Loan Fund offers Source: Bureau of Labor Statistics Women’s Business Center, Provides technical and professional financing to small minority and/or (718) 624-9115 support to help Asian-American women entrepreneurs in the area of E-mail: [email protected] small business owners develop South Bronx Community Boards 1, 2, 3, ● BUSINESS CENTER FOR NEW Its Refugee Microenterprise Program Website: www.bocnet.org marketing and financial strategies. 4, 7, 8, 11 and 12. Provides loans of AMERICANS helps eligible refugees and asylees start Also organizes frequent trade missions $7,000 to $20,000 for a 24-month term Provides loans, workshops on and expand small businesses throughout ● CATALYST to China to help businesses access that to use for working capital, acquisition of e-commerce and business management, New York City. Much-needed short- Provides research and advisory market. machinery and equipment, or against and one-on-one advice. and long-term entrepreneurial training, services to businesses to build inclusive Contact: John Wang, president, accounts receivable. Contact: Yanki Tshering, (212) 898-4112 one-on-one business counseling, and workplaces and expand opportunities for (212) 966-0100 Contact: Omarro Benjamin, E-mail: [email protected] access to microloans of up to $15,000 are businesswomen. E-mail: [email protected] business development officer, Website: www.nybcna.org now on offer through this program. Contact: (212) 514-7600 Website: www.aabdc.com (718) 590-4510 Services are delivered by culturally E-mail: [email protected] E-mail: [email protected] ● BUSINESS OUTREACH CENTER appropriate staff in the languages of the Website: www.catalyst.org ● BRONX OVERALL ECONOMIC Website: www.boedc.com NETWORK communities served. Continued on Page 24

(212) 442-2990 streets and sidewalks, and resolve utility SCIENCE, TECHNOLOGY AND Contact: Michelle Stoddart, director of E-mail: [email protected] disruptions. The team also helps INNOVATION business services, (718) 263-0546 Advice and Website: www.itac.org businesses resolve current violations and Its Centers for Advanced Technology E-mail: [email protected] Its Sustainable Business Program helps understand government regulations in develop new technologies and improve Website: www.queensny.org technology and manufacturing order to avoid future violations. existing ones. They support university- Its Entrepreneurial Assistance Program Education businesses become more sustainable by Contact: Call 311 and ask for the industry collaboration on research, offers both five-week and 10-week reducing waste, optimizing efficiency Business Outreach Team education and technology transfer, with programs designed to teach the and creating financial return through Website: www.nyc.gov/nycbusiness a strong focus on helping New York essentials of business development. recycling. Its NYC Business Solutions Program is a businesses gain a technological edge on Provides specialized services—including Continued from Page 20 Contact: Marion Lunt, marketing and suite of services to help businesses start, their competition. entrepreneurial training, counseling and professionals, as well as courses to communications manager, operate and expand in New York City. Contact: Jannette Rondó, (518) 292-5700 financial packaging of working-capital upgrade technical skills. (212) 442-2990 All of the services are free , including E-mail: [email protected] loans—to both startup and existing Contact: Chris Helm, coordinator, E-mail: [email protected] business courses, legal assistance, Website: www.nystar.state.ny.us Queens businesses. (212) 217-7250 Website: www.itac.org financing assistance, incentives, and help Its Regional Technology Development Contact: Franklin Mora, program E-mail: [email protected] Its Technology Program helps with government navigation, recruiting Centers provide direct technical and manager, (718) 263-0546 Website: www.fitnyc.edu/enterprisecenter technology entrepreneurs start their and training employees, and selling to consulting assistance to technology- and E-mail: [email protected] businesses, escalate growth, identify and the government. manufacturing-based businesses. They Website: www.queensny.org ● INDUSTRIAL AND TECHNOLOGY find needed resources, commercialize Contact: Dial 311 and ask for NYC offer entrepreneurial and business ASSISTANCE CORP. technologies and locate R&D funding. Business Solutions assistance, technical improvement ● SCORE, COUNSELORS TO AMERICA’S Provides training and technical Contact: Marion Lunt, marketing and Website: www.nyc.gov/nycbusiness assistance, financing and venture capital SMALL BUSINESS assistance to New York City communications manager, information, and information on state Provides free counseling to startups manufacturing and technology firms to (212) 442-2990 ● NEW YORK CITY OFFICE OF THE and federal productivity and research and existing businesses on various help them compete effectively, work E-mail: [email protected] COMPTROLLER grants. aspects of their operations, including efficiently and stay, grow and thrive in Website: www.itac.org Its Community Action Center helps Contact: Jannette Rondó, (518) 292-5700 marketing, financing, production and the five boroughs. small businesses that want to learn about E-mail: [email protected] business plans. Contact: Marion Lunt, marketing and ● LOCAL DEVELOPMENT CORP. OF EAST city services or regulations; answers Website: www.nystar.state.ny.us Contact: Martin R. Lehman, marketing communications manager, NEW YORK questions about contracts, procurement director and counselor, (212) 264-4507 (212) 442-2990 Its Women’s Brooklyn Enterprise Center policy or claims against the city; and ● NEW YORK STATE GOVERNOR’S OFFICE E-mail: [email protected] E-mail: [email protected] provides startup and expansion-support helps solve any problem related to New OF REGULATORY REFORM Website: www.scorenyc.org Website: www.itac.org services for small business York City government or services. Helps grow private-sector jobs Its Business Growth Program helps entrepreneurs, including classroom Contact: Carmen Lourdes Martinez, through sensible regulation and permit ● SUFFOLK COUNTY DEPARTMENT OF firms bring new products to training, business workshops, director, (212) 669-3916 assistance. ECONOMIC DEVELOPMENT AND commercialization and build long-term conferences and free one-on-one E-mail: [email protected] Contact: Tim Beadnell, (518) 486-3292 WORKFORCE HOUSING strategic competitive advantages. business and financial counseling. Some Website: www.comptroller.nyc.gov Website: www.gorr.state.ny.us Helps business owners obtain public Contact: Marion Lunt, marketing and services provided in Spanish. and private financing, provides communications manager, Contact: Elisa Balabram, director, ● NEW YORK STATE CHIEF INFORMATION ● PARTNERSHIP FOR NEW YORK CITY individualized counseling and technical (212) 442-2990 (718) 385-6700, ext. 24 OFFICER/OFFICE FOR TECHNOLOGY- A network of business leaders business assistance, and offers access to E-mail: [email protected] E-mail: [email protected] BUSINESS PERMIT UNIT dedicated to enhancing the economy of government contract information and Website: www.itac.org Website: www.ldceny.org Provides individualized assistance in the five boroughs of New York City and training seminars. Its Cost Reduction Services Program identifying and obtaining licenses and maintaining the city’s position as the Contact: Nick Anastasi, assistant to the helps firms streamline processes and ● LONG ISLAND ASSOCIATION permits. The Online Permit Assistance center of world commerce, finance and commissioner, (631) 853-4800 create a faster, low-cost throughput. Works to create and retain balanced and Licensing website has a database of innovation. E-mail: [email protected] Clients report more than $440,000 in economic activity and jobs on Long more than 1,200 business permits. Contact: Andrew Sullivan, Website: www.suffolkcountyny.gov cost reduction on average. Island. Also offers a variety of programs, Contact: Kathleen Davidson, supervisor, (212) 493-7488 Contact: Marion Lunt, marketing and including executive breakfasts and (518) 474-8275 E-mail: [email protected] ● U.S. SMALL BUSINESS communications manager, seminars on business-related issues. E-mail: [email protected] Website: www.pfnyc.org ADMINISTRATION (212) 442-2990 Contact: Gary Wojtas, director of Website: www.nys-opal.com Its New York City Investment Fund Provides one-on-one counseling and E-mail: [email protected] communications, marketing and directly invests in projects that training for startup and existing Website: www.itac.org member services, (631) 493-3020 ● NEW YORK STATE ENVIRONMENTAL strengthen and diversify the New York businesses. Its Lean Manufacturing Program helps E-mail: [email protected] FACILITIES CORP. City economy. Contact: John J. Miller, chief of clients “lean” their processes by Website: www.liaonline.org Its Small Business Environmental Contact: Andrew Sullivan, marketing, (212) 264-7770 accelerating cycle times, producing more Its Small Business Council represents Assistance Program helps small (212) 493-7488 E-mail: [email protected] with the same resources, minimizing small business community interests by businesses comply with federal and state E-mail: [email protected] Website: www.sba.gov inventory, increasing productivity and providing services, business seminars environmental regulations. Free Website: www.nycif.org leveraging best practices. and networking opportunities. confidential services include air ● WOMEN PRESIDENTS’ ORGANIZATION Contact: Marion Lunt, marketing and Contact: Claire Fratello, (631) 493-3050 permitting, evaluation of emission- ● QUEENS ECONOMIC Offers peer advisory groups communications manager, E-mail: [email protected] control technologies, pollution- DEVELOPMENT CORP. for women chief executives and (212) 442-2990 Website: www.liaonline.org prevention opportunities, and guidance Works with community partners and presidents at companies that have E-mail: [email protected] on compliance with Clean Air Act supporters to provide a spectrum of annual revenues of more than $2 Website: www.itac.org ● NEW YORK CITY DEPARTMENT OF requirements. services to Queens businesses. Focuses million. Groups meet monthly to Its Operations Management Program SMALL BUSINESS SERVICES Contact: James R. Coyle, program on improving commercial districts, promote professional and personal conducts operational diagnostics and Its Business Outreach Team connects manager, (800) 780-7227 business and tourism, and supports development. creates an implementable plan of action businesses with other city agencies and E-mail: [email protected] underserved communities. Seeks to Contact: Marsha Firestone, president and to improve manufacturing businesses. utilities to help them troubleshoot Website: www.nysefc.org provide business owners with a range of founder, (212) 688-4114 Contact: Marion Lunt, marketing and challenges with license and permit choices and the flexibility to accelerate E-mail: [email protected] communications manager, applications, request alterations to ● NEW YORK STATE FOUNDATION FOR business. Website: www.womenpresidentsorg.com Ⅲ

22 | Crain’s New York Business | November 15, 2010 CN013498 2/12/10 11:39 AM Page 1

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The following local, state ● SUFFOLK COUNTY DEPARTMENT OF and federal agencies and LENDING ON THE REBOUND ECONOMIC DEVELOPMENT AND organizations assist small WORKFORCE HOUSING Procurement THE NUMBER of SBA-guaranteed businesses in obtaining Its Purchasing Technical Assistance government contracts by pro- loans in New York state in fiscal Program counsels businesses on viding counseling, education 2010 climbed 22% compared becoming government contractors. Help and technical assistance. with year-earlier levels. Coordinates with the Long Island Development Corp. and the Department of Defense Procurement Assistance Program. ● BROOKLYN CONNECTS between industry buyers at Newark Contact: Nick Anastasi, assistant Expands business opportunities for Liberty International and Teterboro to the commissioner, vendors, especially minority- and airports and businesses in Bergen, Essex, (631) 853-4800 woman-owned firms, by providing Hudson and Union counties. Offers free For fiscal years ended Sept. 30. E-mail: [email protected] streamlined information about public networking events, marketing seminars Source: U.S. Small Business Administration Website: www.suffolkcountyny.gov contracting and purchasing and business counseling services. opportunities, while fostering business- Contact: Helene Gibbs, program manager, ● U.S. SMALL BUSINESS to-business exchange and partnerships (973) 961-4278 annual revenues of less than $2 million. Provides free assistance and services to ADMINISTRATION in the private sector. E-mail: [email protected] They must also perform 25% of their aviation industry buyers at La Guardia Its Office of Business Development Contact: Rick Russo, vice president, Website: www.asdoonline.com work in economically disadvantaged and John F. Kennedy International offers the 8(a) program for economically member services, (718) 875-1000, ext. 148 areas, and 25% of their work force must airports. Also offers workshops, and socially disadvantaged small E-mail: [email protected] ● NEW YORK CITY DEPARTMENT OF be economically disadvantaged. technical assistance and annual businesses to assist them with federal Website: www.ibrooklyn.com SMALL BUSINESS SERVICES Contact: Certification Hotline, networking events. procurement opportunities and with The Emerging Business Enterprise (212) 513-6311 Contact: Dolores M. Hofman, program growing annual sales. ● LAGUARDIA COMMUNITY Program works to ensure that businesses E-mail: [email protected] manager, (718) 244-6852 Contact: Georgia Ellis, chief of business COLLEGE owned, operated and controlled by Website: www.nyc.gov/getcertified E-mail: [email protected] development, (212) 264-4322 Its Procurement Technical Assistance individuals who are socially and Its Procurement Technical Assistance Website: www.asdoonline.com E-mail: [email protected] Center helps small, minority and women economically disadvantaged receive Center helps firms assess government Website: www.sba.gov/ny/ny business owners market their goods and preference for contracting opportunities contracting opportunities and ● SOUTH BRONX OVERALL ECONOMIC Its Office of Government Contracting services to the Department of Defense with New York City.The program is provides advice on becoming a DEVELOPMENT CORP. helps small businesses get federal and other government agencies at the designed to promote fairness and equity government contractor, finding Its Procurement Technical Assistance government contracts by increasing the federal, state and local levels. Provides in city contracting and to level the contracting opportunities and Center provides counseling and technical small business share of federal registration, certification, bid-matching playing field for these business owners. competing on bids and RFPs at the city, assistance to help small veteran-, procurement awards; advocating for and bid-preparation assistance. Contact: Certification Hotline, state and federal levels. Its also provides minority- and women-owned businesses the breakout of items for full and Contact: Edgard A. Hernandez, director, (212) 513-6311 assistance applying for performance sell goods to the government. Provides open competition; identifying, (718) 482-5323 E-mail: [email protected] bonds. one-on-one assistance and sponsors developing and marketing prime Contact: Jorge Guzman, procurement Website: www.nyc.gov/getcertified Contact: Procurement Helpline, workshops to assist with certifications contractors; counseling small businesses; specialist, (718) 482-5323 Its Locally Based Enterprise Program (212) 513-6444 and registering businesses with various and assisting them in identifying and E-mail: http://ace.laguardia.edu/ptac ensures the participation of small E-mail: [email protected] agencies. obtaining subcontracts. construction businesses in New York Website: www.nyc.gov/getcertified Contact: Miriam Johnson, Contact: Janette Fasano, area director, ● NEW JERSEY AIR SERVICES City’s procurement process by (718) 732-7540 (617) 565-5622 DEVELOPMENT OFFICE designating subcontracting ● QUEENS AIR SERVICES E-mail: [email protected] E-mail: [email protected] Promotes purchasing opportunities opportunities. Firms must have average DEVELOPMENT OFFICE Website: www.sobro.org Website: www.sba.gov Ⅲ

Website: www.nawbonyc.org ● OPPORTUNITY DEVELOPMENT provide small contractors with advice on E-mail: [email protected] ASSOCIATION construction and business management, Website: www.yourfutureinbusiness.org Assistance ● NEW YORK AND NEW JERSEY Its Minority Business Enterprise Center marketing and technology MINORITY SUPPLIER DEVELOPMENT offers contract procurement, loan implementation, and loan and bonding ● U.S. SMALL BUSINESS COUNCIL INC. packaging, bank and alternative referrals. ADMINISTRATION Acts as a liaison between its Fortune financing, business plan preparation, Contact: Richard C. Hellenbrecht, Its Business Development Program for Women 500 membership and minority minority certification and general manager of LEAP programs, provides special programs and services businesses to develop contracting business consulting. (212) 268-0391 for women through its network of opportunities. Also offers services and Contact: Yehuda Turner, E-mail: [email protected] Women’s Business Centers. & Minorities programs, including business (718) 522-5620, ext. 307 Website: www.regional-alliance.org Contact: Minerva DeJesus, women’s opportunity fairs, networking events, E-mail: [email protected] Its Managing Growth Program is a business ownership representative, classroom training, virtual training, and Website: www.mbda.gov classroom program that provides courses (212) 264-1472 Continued from Page 22 corporate and vendor databases for enabling experienced S/M/W/DBE E-mail: [email protected] ● EMPIRE STATE DEVELOPMENT certified suppliers of the council and ● QUEENS ECONOMIC owners and employees to learn the ins Website: www.sba.gov/ny/ny Its Division of Minority and Women’s corporate members. DEVELOPMENT CORP. and outs of how to operate a Business Development assists state Contact: Lynda Ireland, president, chief Its Women’s Business Center provides construction-related business. ● WOMEN PRESIDENTS’ EDUCATIONAL agencies in awarding a fair share of state executive, (212) 502-5663 information, training, individual Contact: Paola Camargo, manager of ORGANIZATION contracts to minority- and women- E-mail: [email protected] technical assistance and opportunities training programs, (212) 268-4933 Provides Women’s Business owned business enterprises. It certifies Website: www.nynjmsdc.org for women interested in starting or E-mail: [email protected] Enterprise National Council and maintains an MWBE directory and expanding a business. Offers assistance Website: www.regional-alliance.org certification and offers educational promotes MWBE business development ● NEW YORK CITY DEPARTMENT OF and training in finance, management, Its MBE/WBE Compliance Development programs to women entrepreneurs. through education and outreach. SMALL BUSINESS SERVICES marketing, procurement and the Services provide contract-compliance Contact: Marsha Firestone, president and Contact: Michael Jones-Bey, executive Its Minority- and Women-Owned Internet, as well as specialized topics development program services to increase founder, (212) 688-4114 director, (212) 803-2414 Business Enterprise Program promotes such as home-based businesses, the utilization of MBE/WBE/DBE E-mail: E-mail: [email protected] the participation of minority- and corporate executive downsizing and firms in contracting opportunities. [email protected] Website: www.nylovesmwbe.ny.gov women-owned businesses in New York welfare-to-work. Contact: Earle J. Walker, executive Website: www.wpeo.us City’s procurement process. Certified Contact: Johanna Maynard, director, director, (212) 268-7446 ● NATIONAL ASSOCIATION OF WOMEN vendors receive access to contracting (718) 263-0546 E-mail: [email protected] ● WOMEN’S VENTURE FUND BUSINESS OWNERS, NEW YORK CITY opportunities, invitations to exclusive E-mail: [email protected] Website: www.regional-alliance.org A nonprofit agency that serves all CHAPTER networking events, free one-on-one Website: www.queensny.org women entrepreneurs, new and Provides networking opportunities, guidance on selling to the government, ● RENAISSANCE ECONOMIC seasoned, through experimental skill- business seminars, advocacy, strategic and free advertising in a searchable ● REGIONAL ALLIANCE FOR SMALL DEVELOPMENT CORP. building curricula. Existing New York alliances and leadership development. online directory. CONTRACTORS INC. Assists entrepreneurs throughout metro and New Jersey businesses with Contact: Pat Ahaesy, president, Contact: Dial 311 and ask for A nonprofit serving small, minority- New York City, especially women, 51% female ownership are eligible for (212) 252-1100 Department of Small Business Services owned and women-owned businesses in minorities and immigrants. Provides character-based, low-interest microloans E-mail: [email protected] E-mail: [email protected] the construction industry. affordable small business loans and with flexible repayment terms. Website: www.nyc.gov/getcertified Contact: Earle J. Walker, executive technical assistance to help startups and Contact: Maria Otero, president, director, (212) 268-7446 grow businesses. (212) 563-0499 ABOUT THIS GUIDE ● NEW YORK WOMEN’S CHAMBER OF E-mail: [email protected] Contact: Jannie Lai, assistant manager, E-mail: [email protected] COMMERCE Website: www.regional-alliance.org (212) 964-6022 Website: www.womensventurefund.org THESE LISTINGS were compiled by Its Upper Manhattan Micro-Enterprise Its Financing Small Contractors E-mail: [email protected] Denise Southwood, Maia Blume, Suzanne Institute provides entrepreneurial Program provides help in preparing Website: www.renaissance-ny.org ● WORKSHOP IN BUSINESS Panara and Maggie Wells. Organizations training and coaching, as well as applications for loans and bonds for firms OPPORTUNITIES were asked to provide listings if they business development and financing recommended for assistance by its clients. ● THYPIN OLTCHICK INSTITUTE FOR Enables small business owners and appeared in last year’s list or if they Contact: WOMEN’S ENTREPRENEURSHIP @ FEGS contacted Crain’s requesting inclusion. assistance, to socially and economically Richard C. Hellenbrecht, entrepreneurs in underserved Some entries have been edited for length. disadvantaged entrepreneurs in the manager of finance operations, Counsels women who are or who communities to achieve financial success Upper Manhattan Empowerment Zone. (212) 268-0391 want to be entrepreneurs and small when starting, operating and expanding Organizations that would like to appear in Contact: Lawrence Benjamin Miles, E-mail: [email protected] business owners by offering individual businesses. the next guide should e-mail descriptions Website: Contact: that follow the guide format to business assistant, www.regional-alliance.org consultations, forums, mentoring and Lynnette Sorio, operations [email protected] or (212) 491-9640, ext. 105 Its Loaned Executive Assistance other resources. coordinator, (212) 684-0854, ext. 0540 [email protected]. E-mail: [email protected] Program is a consultant service made up Contact: Fabianne Wolff Gershon, E-mail: [email protected] Website: www.nywcc.org of construction professionals who executive director, (212) 366-0033 Website: www.wibo.org Ⅲ

24 | Crain’s New York Business | November 15, 2010

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The following agencies offer services trade community through seminars, MORE MONEY FOR NYC for New York exporters seeking webinars and on-demand webcasts. overseas business opportunities. Contact: Gerri Cristantiello, executive Export THE DOLLAR VALUE and number Amount, in millions of dollars Number of loans Exporters wishing to expand can get director, (877) 291-4901 an array of services, including trade E-mail: [email protected] of SBA-backed loans in the city counseling and advice, training, and Website: www.nexco.org both jumped almost 50% in fiscal Assistance financial and marketing assistance. 2010 versus a year earlier. That ● PORT AUTHORITY OF NEW YORK & compares with last year’s 39% NEW JERSEY drop in dollar value, and a 72% Responsible for the major airports, plunge in the number of loans. ● BROOKLYN GOES GLOBAL ● EXPORT-IMPORT BANK OF interstate tunnels, bridges, A marketing program for Brooklyn THE UNITED STATES transportation terminals and port For fiscal years ended Sept. 30. Source: U.S. Small Business Administration manufacturers competing in a Its Insurance and Loan Guarantee facilities in New York and New Jersey, as challenging marketplace. BGG has a Program aids in the export of U.S. goods well as for the development of trade and trilevel strategy that helps identify, and services by companies of all sizes commerce in the region. exhibitions for foreign-market product training, as well as financial assistance, evaluate and connect manufacturers through export credit insurance and loan Airport facilities: (212) 435-3772 entry and promotion. to businesses looking to enter or expand with domestic and international buyers guarantees. Also provides fixed-rate Port sales: (888) 767-8696 Contact: Nick Anastasi, assistant to the in foreign markets. Exporters may apply through marketing, education and loans. Contact: Robert Gaffney, (973) 578-2189 commissioner, (631) 853-4800 for financing under three programs: technical assistance. Contact: Thomas Cummings, director, E-mail: [email protected] E-mail: [email protected] Export Express, the Export Working Contact: Rick Russo, vice president, Northeast and mid-Atlantic regional Website: www.portnynj.info Website: www.suffolkcountyny.gov Capital Program or the International member services, (718) 875-1000, ext. 148 office, (212) 809-2650 Foreign Trade Zone No. 49, one of Trade Loan Program. E-mail: [email protected] E-mail: [email protected] the largest contiguous zones in the ● U.S. DEPARTMENT OF COMMERCE Contact: John J. Miller, (212) 264-7770 Website: www.ibrooklyn.com Website: www.exim.gov United States, encompasses 3,587 acres INTERNATIONAL TRADE E-mail: [email protected] Its Working Capital Guarantee Program with six active general-purpose zone ADMINISTRATION Website: www.sba.gov/oit ● EMPIRE STATE DEVELOPMENT encourages lenders to make working operators and seven active subzone Its U.S. Commercial Service connects Its International Division provides capital loans to small- and medium-size operators. U.S. companies with international ● WESTCHESTER COUNTY targeted assistance to New York state companies. Loans are used to support Contact: Elaine Scollo, leasing manager, buyers through trade counseling, market ASSOCIATION — WORLD TRADE firms in order to advance their global working capital needs related to the (212) 435-4260 research, business matchmaking, COUNCIL competitiveness and international export of U.S. goods and services. E-mail: [email protected] financing resources and other services. Promotes and facilitates international market access, including export Contact: Thomas Cummings, director, Website: www.portnynj.info Contact: Carmela Mammas, director, trade for businesses within Westchester counseling and market research, and Northeast and mid-Atlantic regional (212) 809-2676 and the lower Hudson Valley through attracts international investment to the office, (212) 809-2650 ● SUFFOLK COUNTY DEPARTMENT OF E-mail: [email protected] targeted outreach programs, state. Maintains 13 international E-mail: [email protected] ECONOMIC DEVELOPMENT AND Website: www.buyusa.gov/nyc international trade seminars, networking offices. Website: www.exim.gov WORKFORCE HOUSING and business development Contact: Sam Natapoff, senior adviser to Its Foreign Trade Division provides ● U.S. SMALL BUSINESS opportunities. the governor, (212) 803-2350 ● NEXCO trade counseling, financial help, ADMINISTRATION Contact: Amy Allen, (914) 948-1160 E-mail: [email protected] A nonprofit association that provides education and marketing programs, as Its International Trade Assistance E-mail: [email protected] Website: www.empire.state.ny.us educational training to the international well as access to international trade Program offers technical counseling and Website: www.westchester.org Ⅲ

The BID program of the city’s Contact: Renée Giordano, executive Department of Small Business BIDDING UP THE BOROUGHS director, (718) 439-7767 Services provides supplemental E-mail: [email protected] Business NEW YORK CITY’S 64 business Number of BIDs and percentage of city’s BIDs Website: services such as sanitation and www.sunsetparkbid.org per borough maintenance, public safety and visitor improvement districts, funded by assessments on member firms, 1 services, marketing and promotional (1.5%) 8 MANHATTAN programs, capital improvements and invest nearly $100 million in 12 (12.5%) Improvement (18.8%) ● beautification to enhance local programs and services in Bronx 34TH STREET PARTNERSHIP Brooklyn Contact: Daniel A. Biederman, president, business conditions. All are funded by 22 neighborhoods citywide. Manhattan 21 (34.4%) (212) 719-3434 special assessments paid by property Queens (32.8%) E-mail: [email protected] Districts owners within each district. Staten Island Source: NYC Department of Small Business Services Website: www.34thstreet.org ● 47TH STREET — DIAMOND DISTRICT THE BRONX BROOKLYN ● EAST BROOKLYN DMA Contact: Phil Nuzzo, executive director, Contact: Michael Grumet, executive Contact: William Scott Wilkins, BID (718) 645-1100 director, (212) 302-5739 ● 161ST STREET ● 86TH ST. BAY RIDGE manager, (718) 385-6700, ext. 19 E-mail: [email protected] E-mail: [email protected] Contact: Cary Goodman, executive Contact: Patrick W.Condren, executive E-mail: [email protected] Website: www.kingshighwaybid.com Website: www.diamonddistrict.org director, (718) 590-5433 director, (718) 680-2420 Website: www.eastbrooklynbid.org E-mail: [email protected] E-mail: [email protected] ● METROTECH ● 125TH STREET DMA Website: http://161bid.org Website: www.86bid.org ● FLATBUSH AVENUE Contact: Michael Weiss, executive Contact: Barbara Askins, president, chief Contact: Jack Katz, executive director, director, (718) 488-9126 executive, (212) 662-8999 ● FORDHAM ROAD ● BAY RIDGE FIFTH AVENUE (718) 859-2600 E-mail: [email protected] E-mail: [email protected] Contact: Wilma Alonso, executive Contact: James Clark, president, Website: www.flatbushavebid.com Website: www.metrotechbid.org Website: www.125thstreetbid.com director, (718) 562-2104 (718) 238-8181 E-mail: [email protected] E-mail: [email protected] ● FLATBUSH-NOSTRAND JUNCTION ● MONTAGUE STREET ● ALLIANCE FOR DOWNTOWN Website: www.fordhamroadbid.org Website: www.bayridgebid.com Contact: Lisa Solomon, executive director, Contact: Chelsea Mauldin, executive NEW YORK INC. (718) 951-5000, ext. 1449 director, (718) 522-3649 Contact: Elizabeth H. Berger, president, ● HUB THIRD AVENUE ● BED-STUY GATEWAY E-mail: [email protected] E-mail: [email protected] (212) 566-6700 Contact: Vincent Valentino, executive Contact: Michael Rafferty, executive Website: www.fdconline.org/junction.html Website: www.montaguebid.com E-mail: [email protected] director, (718) 665-3983 director, (718) 636-6905 Website: www.downtownny.com E-mail: [email protected] E-mail: [email protected] ● FULTON AREA BUSINESS ALLIANCE ● MYRTLE AVENUE BROOKLYN Website: www.shopthehub.com Website: www.bedstuygateway.com Contact: Phillip Kellogg, (718) 928-3322 PARTNERSHIP ● BRYANT PARK MANAGEMENT CORP. E-mail: [email protected] Contact: Michael Blaise Backer, executive Contact: Daniel A. Biederman, president, ● JEROME-GUN HILL ● BRIGHTON BEACH Website: www.faballiance.org director, (718) 230-1689 (212) 768-4242 Contact: Lisandra Lamboy, executive Contact: Yelena Makhnin, executive E-mail: [email protected] E-mail: [email protected] director, (718) 324-4946 director, (718) 934-0067 ● FULTON MALL IMPROVEMENT Website: www.myrtleavenue.org Website: www.bryantpark.org E-mail: [email protected] E-mail: [email protected] ASSOCIATION Website: www.mpcbronx.org Website: www.bidbrightonbeach.com Contact: Kevin Tolan, services manager, ● NORTH FLATBUSH AVENUE ● COLUMBUS/AMSTERDAM (718) 403-1608 Contact: Sharon M. Davidson, executive Contact: Peter Arndtsen, district manager, ● KINGSBRIDGE ● CHURCH AVENUE E-mail: [email protected] director, (718) 783-1685 (212) 666-9774 Contact: Katherine L. Broihier, executive Contact: Mark Dicus, executive director, Website: www.fultonstreet.org E-mail: [email protected] E-mail: [email protected] director, (718) 432-6935 (718) 282-2500 Website: www.nfbid.com Website: www.columbus-amsterdam- E-mail: [email protected] E-mail: [email protected] ● GRAHAM AVENUE/WOODHULL bid.org Website: www.kingsbridgebid.org Website: www.churchavenue.org COMMUNITY DMA ● PARK SLOPE FIFTH AVENUE Contact: Betty M. Cooney, executive Contact: Irene LoRe, executive director, ● COLUMBUS AVENUE ● SOUTHERN BOULEVARD ● COURT-LIVINGSTON-SCHERMERHORN director, (718) 387-6643 (718) 369-0300 Contact: Barbara Adler, executive Contact: Medina Sadiq, executive Contact: Seth Taylor, business services E-mail: [email protected] E-mail: [email protected] director, (212) 721-5048 director, (718) 974-2990 manager, (718) 403-1618 Website: http://grahamavebid.net Website: www.parkslopefifthavenuebid.com E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Website: www.columbusavenuebid.org Website: www.southernblvdbid.org Website: www.clsbid.org ● GRAND STREET ● PITKIN AVENUE Contact: Max Javier, executive director, Contact: Kathleen Rutkin, executive ● EAST MIDTOWN PARTNERSHIP ● WHITE PLAINS ROAD ● DUMBO IMPROVEMENT DISTRICT (718) 218-8836 director, (347) 992-3682 Contact: Rob Byrnes, president, Contact: Lawrence Prospect, executive Contact: Kate Kerrigan, executive E-mail: [email protected] E-mail: [email protected] (212) 813-0030 director, (718) 881-3086 director, (718) 237-8700 Website: www.grandstbklyn.com Website: www.pitkinbid.org E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Website: www.eastmidtown.org Website: www.pelhamparkway.com Website: www.dumbonyc.org ● KINGS HIGHWAY ● SUNSET PARK/FIFTH AVENUE Continued on Page 28

26 | Crain’s New York Business | November 15, 2010

20101115-NEWS--0026,0028,0029-NAT-CCI-CN_-- 11/11/2010 3:26 PM Page 2

REPORT GROWING A BUSINESS GUIDE

E-mail: [email protected] E-mail: [email protected] Business Website: www.lincolnsquarebid.org Website: www.prideoftheheights.com STATE FIRMS FETCH MORE FUNDS ● LOWER EAST SIDE DMA QUEENS THE VOLUME of SBA- Contact: Bob Zuckerman, executive guaranteed loans issued in Improvement director, (212) 226-9010 ● 82ND STREET New York state in fiscal 2010 $774.1 E-mail: [email protected] Contact: Sharada Devi, executive was up 35% over fiscal Website: www.lowereastsideny.com director, (718) 335-9421 2009 levels. Figures are in Districts E-mail: [email protected] $571.6 ● MADISON AVENUE Website: www.82ndstreetbid.org millions of dollars. Contact: Matthew Bauer, president, (212) 861-2055 ● 165TH STREET MALL IMPROVEMENT Continued from Page 26 E-mail: [email protected] ASSOCIATION ● FASHION CENTER Website: www.madisonavenuebid.org Contact: Derek Irby, executive director, Contact: Jerry Scupp, deputy director, (718) 298-5489 (212) 764-9600 ● NOHO NY E-mail: [email protected] E-mail: [email protected] Contact: Harriet Fields, executive Website: www.165thstreetmall.com For fiscal years ended Sept. 30. Website: www.fashioncenter.com director, (212) 677-4579 Source: U.S. Small Business Administration 2009 2010 E-mail: [email protected] ● 180TH STREET INDUSTRIAL BUSINESS ● FLATIRON/23RD STREET Website: www.nohony.org IMPROVEMENT DISTRICT PARTNERSHIP Contact: Derek Irby, managing director, ● LONG ISLAND CITY E-mail: [email protected] Contact: Jennifer A. Brown, executive ● TIMES SQUARE ALLIANCE (718) 298-5489 Contact: Jeffrey Travia, deputy director, Website: www.sunnysideshines.org director, (212) 741-2323 Contact: Tim Tompkins, president, E-mail: [email protected] (718) 786-5300 E-mail: [email protected] (212) 452-5200 Website: www.180thstreetbid.com E-mail: [email protected] ● SUTPHIN BOULEVARD Website: www.discoverflatiron.org E-mail: [email protected] Website: www.licbid.org Contact: Simone Price, executive director, Website: www.timessquarenyc.org ● BAYSIDE VILLAGE (718) 291-2110 ● GRAND CENTRAL PARTNERSHIP Contact: Greg Sullivan, executive ● MYRTLE AVENUE E-mail: [email protected] Contact: Alfred C. Cerullo III, ● UNION SQUARE PARTNERSHIP director, (718) 423-2434 Contact: Theodore M. Renz, Website: www.sutphinblvdbid.org president, chief executive, Contact: Jennifer Falk, executive director, E-mail: [email protected] executive director, (212) 883-2420 (212) 460-1200 Website: www.baysidevillagebid.com (718) 381-7974 ● WOODHAVEN E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Contact: Maria A. Thomson, executive Website: www.grandcentralpartnership.org Website: www.unionsquarenyc.org ● DOWNTOWN FLUSHING TRANSIT HUB Website: www.ridgewood-ny.com director, (718) 805-0202 Contact: Mabel Law, executive director, E-mail: [email protected] ● HUDSON SQUARE CONNECTION ● VILLAGE ALLIANCE (718) 888-1805 ● STEINWAY STREET DMA Website: www.woodhavenbid.com Contact: Ellen Baer, president, Contact: Honi Klein, executive director, E-mail: [email protected] Contact: Marie Torniali, executive (212) 463-9160 (212) 777-2173 Website: www.flushingbid.com director, (718) 728-7820 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] STATEN ISLAND Website: www.hudsonsquarebid.org Website: www.villagealliance.org ● JAMAICA CENTER Website: www.steinwaystreet.org ● FOREST AVENUE Contact: Brigit Pinnell, executive Contact: Susan Meeker, executive ● LINCOLN SQUARE ● WASHINGTON HEIGHTS DMA director, (718) 526-2422 ● SUNNYSIDE SHINES director, (718) 816-4775 Contact: Monica Blum, president, Contact: Angelique Colon, office manager, E-mail: [email protected] Contact: James Bray, executive director, E-mail: [email protected] (212) 581-3774 (212) 928-3400 Website: www.jamaicacenter.org (718) 606-1800 Website: www.forestavenuebid.com Ⅲ

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28 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0026,0028,0029-NAT-CCI-CN_-- 11/11/2010 3:26 PM Page 3

REPORT GROWING A BUSINESS GUIDE

City chambers offer services including community informed of developments advocacy and economic development of financial assistance, networking affecting industry and the private sector. the region, business development on CHAMBERS’ COUNTS Chambers of opportunities and legislative Contact: Sophia Ganosis, chief of both a macro and a micro basis, and MEMBERS of the Manhattan initiatives. Local chambers are leading operations, (718) 898-8500 interaction with key public- and private- chamber, the largest in the city, have resources through which firms can E-mail: [email protected] sector individuals and organizations. more than 165,000 local employees. Commerce access city government, business data Website: www.queenschamber.org Contact: Dorothy T.Forcina, managing MANHATTAN 1,500 and community profile information. director, (914) 948-6444 ● STATEN ISLAND CHAMBER E-mail: [email protected] QUEENS 1,200 OF COMMERCE Website: www.westchester.org BROOKLYN 1,100 Acts to improve the economic climate ● BROOKLYN CHAMBER OF COMMERCE (212) 491-9640, ext. 104 and to expand business opportunities. ● WEST MANHATTAN CHAMBER STATEN ISLAND 787 A membership-based business E-mail: [email protected] Contact: Linda M. Baran, president, chief OF COMMERCE BRONX 775 assistance and economic development Website: www.nywcc.org executive, (718) 727-1900 Provides advice to businesses and Source: Borough chambers of commerce organization that provides support and E-mail: [email protected] residents. Offers a member health plan services to small businesses in Brooklyn. ● QUEENS CHAMBER OF COMMERCE Website: www.sichamber.com and discounts on credit card processing. Contact: Rick Russo, vice president, Fosters commerce and improves the Showcases local businesses with the director, (212) 787-1112 member services, (718) 875-1000, ext. 148 quality of life for residents by advocating ● WESTCHESTER COUNTY Amsterdam and Columbus Avenue E-mail: [email protected] E-mail: [email protected] for the business community, holding ASSOCIATION INC. festivals. Website: Website: www.ibrooklyn.com networking events, and keeping the Offers programs focused on business Contact: Andrew Albert, executive www.westmanhattanchamber.org Ⅲ ● BUSINESS COUNCIL OF WESTCHESTER Offers services, programs and information related to economic development, legislative advocacy, area development and small business affairs. Contact: Marsha Gordon, president, chief executive, (914) 948-2110, ext. 310 E-mail: [email protected] Website: www.westchesterny.org ● GREATER HARLEM CHAMBER OF COMMERCE Seeks to develop and attract quality business and professional services, and improve the quality of life for all of the area’s residents. Contact: Patricia Ricketts, vice president, programs, (212) 862-7200 E-mail: [email protected] Website: www.harlemdiscover.com ● GREENWICH VILLAGE-CHELSEA CHAMBER OF COMMERCE Provides a network of resources and support via advocacy, events and seminars, and marketing opportunities. Contact: Lauren Danziger, executive director, (212) 337-5923 E-mail: [email protected] Website: www.villagechelsea.com ● MANHATTAN CHAMBER OF COMMERCE Advocates for, connects and educates the business community.The group represents the voice of 100,000 companies in Manhattan. Holds seminars, fosters networking and supports the nonprofit community as well. Contact: Laura Bucko, vice president and director of communications, (212) 473-7875 E-mail: [email protected] Website: www.manhattancc.org ● NEW BRONX CHAMBER OF COMMERCE Provides counseling and free referrals, free ombudsman services to solve problems with government agencies, and marketing and research assistance. Also sponsors seminars and networking events. Contact: Lenny Caro, president, chief executive, (718) 828-3900 E-mail: [email protected] Website: www.bronxchamber.org ● NEW YORK CITY HISPANIC CHAMBER OF COMMERCE Represents and advocates for Hispanic businesses in New York City in a cohesive manner, assists new entrepreneurs, and vitalizes existing businesses. Contact: Nick Lugo, president, (212) 348-8270 E-mail: [email protected] Website: www.nychcc.com ● NEW YORK WOMEN’S CHAMBER OF COMMERCE Helps startup and existing enterprises with business planning, financing and investment, business registration, acquisition of permits and licenses, advertising and selling, training and hiring, and certification with the city and the state of New York. Contact: Franchesca Lugo, marketing and training coordinator,

November 15, 2010 | Crain’s New York Business | 29 nb46p30-31cl.qxp 11/12/10 2:17 PM Page 30

ATTORNEY PUBLIC & LEGAL NOTICES Law Offices of Jeffrey Estrella Serving the Counties of New York, Queens, Bronx, Richmond, Nassau, and Suffolk. Free Consultation and Senior Citizens Discount *Immigration, human rights, social security, worker’s Notice of Formation of ALB - FT, LLC. Notice of Qualification of Lyxor NOTICE OF FORMATION of profes- Notice of Qualification of FMS compensation, no fault, personal injury, real estate, Arts. of Org. filed with Secy. of State Premium Sub-Fund II LLC. Authority sional limited liability company (PLLC). Hauppauge, LLC. Authority filed with landlord tenant, matrimonial, business formations, filed with NY Dept. of State on Name: MARCIA B. KIMELDORF, NY Dept. of State on 10/22/10. Office wills/trusts/estate planning, and other general civil of N.Y. (SSNY) on 10/20/10. Office matters. location: New York County. SSNY 10/4/10. Office location: NY County. PH.D., CLINICAL PSYCHOLOGIST, location: NY County. Princ. bus. addr.: Jeffrey J. Estrella (347) 628-2391 LLC formed in DE on 9/1/09. NY Sec. PLLC. Articles of Organization filed 920 Winter St., Ste. A, Waltham, MA [email protected] designated as agent of LLC upon whom process against it may be of State designated as agent of LLC with Secretary of State of New York 02451. LLC formed in DE on served. SSNY shall mail process to: upon whom process against it may (SSNY) on 09/07/2010. Office loca- 10/19/10. NY Sec. of State designated BUSINESS OPPORTUNITY c/o Anthony Lawrence Belfair, 53 W. be served and shall mail process to tion: New York County. Princ. bus. agent of LLC upon whom process 23rd St., NY, NY 10010. Purpose: the principal business addr.: 1251 addrs: 560 West End Ave, Suite 1E, against it may be served and shall any lawful activity. Ave. of the Americas, 46th Fl., NY, New York, NY 10024. SSNY desig- mail process to: c/o CT Corporation Media Agency in NJ Looking to Partner NY 10020. DE addr. of LLC: c/o The nated as agent of PLLC upon whom System, 111 8th Ave., NY, NY 10011, Corporation Trust Co., 1209 Orange process against it may be served. regd. agent upon whom process may Located in Newark, we’re a $20 million media OLIVE HILL PRODUCTIONS, LLC, a agency looking to partner with creative and web St., Wilmington, DE 19801. Cert. of SSNY shall mail copy of process to: be served. DE addr. of LLC: 1209 domestic Limited Liability Company programming agencies to complete our offering Form. filed with DE Sec. of State, Law Office of Alexander Hakopian, Orange St., Wilmington, DE 19801. (LLC), filed with the Sec of State of to clients. Potential partners should have a client P.O. Box 898, Dover, DE 19903. Esq., 2 Penn Plaza, Suite 1500, Arts. of Org. filed with DE Sec. of NY on 10/14/10. NY Office location: portfolio to bring to the relationship, and be Purpose: any lawful activity. New York, NY 10121. Purpose: the State, 401 Federal St., Dover, DE New York County. SSNY is designated willing to relocate to Newark. If interested, please practice of psychology. 19901. Purpose: any lawful activity. contact Ray Levy at (973) 848-1100 x201. as agent upon whom process against the LLC may be served. SSNY shall Notice of Formation of NORDICA SOHO LLC, a domestic LLC. Arts. of NOTICE OF FORMATION OF CEME ERIC KUSSELUK, M.D., LLC. Notice of mail a copy of any process against DESIGN, LLC. Articles of Organization the formation of the above named the LLC served upon him/her to The Org. filed with the SSNY on 10/18/2010. Office location: NY County. SSNY were filed with the Secretary of State Professional Limited Liability Company EXECUTIVE LLC, 55 White St., New York, NY of New York (SSNY) on 06/21/2010. (“PLLC”) Articles of Organization filed 10013. General Purposes. has been designated as agent upon RECRUITER whom process against the LLC may Office location: New York County. with the Department of State of NY on be served. SSNY shall mail a copy of SSNY has been designated as agent 7/29/2010. Office Location: County of NOTICE OF FORMATION OF Turquoise of the LLC upon whom process New York. The Secretary of State of NY Life, LLC. Art. of Org. filed with the process to: 43 West 24th St., NY, NY POSITION AVAILABLE 10010. Purpose: Any Lawful Purpose. against it may be served. The Post (“SSNY”) has been designated as agent Secy. of State of NY (SSNY) on Office address to which the SSNY of the PLLC upon whom process against 08/12/10. Office location: NY County. shall mail a copy of any process it may be served. SSNY shall mail a copy Risk Management Associate: Dvlp SSNY designated as agent upon whom Notice of Formation of GOTHAM against the LLC served upon it is C/O of any such process served to: Wormser, key rsk/prfrmnc rprts; Prpre anlys of rsk process against it may be served. PROCESS SERVERS, LLC. Arts. of the LLC 350 Broadway, #415, NY, Kiely, et al., Attn Thomas L. Fuerth, Esq., expsrs; Dvlp dtabss for rprt genrtn; Prfrm SSNY shall mail process to The LLC, Org. filed with Secy. of State of NY NY. Purpose: For any lawful purpose. 825 Third Ave., 26th Flr. NY NY 10022. P&L anlys, formlt mdels to anlyz P&L & 5 Tudor City Pl., #1432, NY, NY. (SSNY) on 09/15/10. Office location: Purpose: to practice medicine. NY County. SSNY designated as rsk attrbtn. Reqts: Mstr’s in Ecnmcs, 10017. Purpose: any lawful activity. Notice of Formation of RETAIL LEASING agent of LLC upon whom process Fnancl Engnrg, Math, Physcs & 1 yr in GROUP LLC. Arts. of Org. filed with Secy. against it may be served. SSNY shall Notice of Formation of THE IONIK jb ofrd or as Quant Anlyst, Assciat, or Notice of Formation of Byrd Retail Group of State of NY (SSNY) on 10/25/10. mail process to Corporation Service RECORDINGS COMPANY, LLC, a Fnancl Mngr in fnancl rsk mngmnt. Skls LLC. Arts. of Org. filed with Secy. of State Office location: NY County. Princ. office Co., 80 State St., Albany, NY 12207, domestic LLC. Arts. of Org. filed with Reqd: Appld statstcs/fnancl engnrg of NY (SSNY) on 10/5/10. Office location: of LLC: Ste. 300, 433 5th Ave., NY, NY regd. agent upon whom and at the SSNY on 09/21/2010. Office loca- mthds for valuatn/rsk mngmnt of fnancl NY County. SSNY designated as agent 10016. SSNY designated as agent of which process may be served. tion: NY County. SSNY has been des- instrmnts; fnancl dta sourcs; mrkt fluency of LLC upon whom process against it LLC upon whom process against it may Purpose: Any lawful activity. ignated as agent upon whom process w/strng undrstndg of fnancl prncpls, may be served. SSNY shall mail process be served. SSNY shall mail process to mrkts & Fixd Incom/Drvatvs prdcts; against the LLC may be served. to: 241 Central Park West, #8C, NY, NY David Cherna at the princ. office of the Matlab, Excl/Vsual Basc, VBA, R, SSNY shall mail a copy of process to: 10024, Attn: Ms. Judith I. Byrd. Purpose: NOTICE OF FORMATION of NPIG., LLC. Purpose: Any lawful activity. ASP.NET, HTML. MPG Operations LLC, 1235 1st Ave. Apt. 20, NY, NY 10065. any lawful activity. LLC of Org filed Sec’y of State Purpose: Any Lawful Purpose. New York, NY. Resumes to Box 189, (SSNY) 11/1/10. Office location: 711 3rd Ave. 3rd flr, NY., NY 10017 Notice of Qualification of Warburg NOTICE OF FORMATION of Sprata New York County. SSNY designated Pincus Partners (E&P) LLC. Authority Notice of Qualification of WPS Behavioral Licensed Clinical Social as agent of LLC upon whom process filed with NY Dept. of State on Production Partners II, LLC. Authority Work Service, PLLC. Article of against it may be served. SSNY 10/6/10. Office location: NY County. filed with NY Dept. of State on PUBLIC & Organization filed with the Secretary shall mail copy of process to c/o LLC formed in DE on 10/5/10. NY 9/13/10. Office location: NY County. of State of NY (SSNY) on 10/20/10. Hofheimer Gartlir & Gross LLP, 530 Sec. of State designated agent of LLC formed in DE on 6/22/10. NY LEGAL NOTICES Office location: New York County. Fifth Avenue, New York, NY 10036. LLC upon whom process against it Sec. of State designated agent of SSNY has been designated as agent Purpose: any lawful activities. may be served and shall mail process LLC upon whom process against it upon whom process against it may to the principal business addr.: 450 may be served and shall mail process Lexington Ave., NY, NY 10017, Attn: PUBLIC NOTICE NOTICE IS HEREBY be served. The Post Office address Notice of Formation of INJURY INSIGHT, to the principal business address: 450 GIVEN, PURSUANT TO LAW, that the LLC. Arts. of Org. filed with Secy. of General Counsel. DE addr. of LLC: to which the SSNY shall mail a copy c/o The Corporation Trust Co., 1209 Lexington Ave., NY, NY 10017, Attn: NYC Dept. of Consumer Affairs will of any process against the PLLC State of NY (SSNY) on 09/24/10. Office Scott A. Arenare. DE address of LLC: hold a Public Hearing on Wednesday, location: NY County. Princ. office of Orange St., Wilmington, DE 19801. served upon him/her is C/O The Arts. of Org. filed with DE Sec. of c/o The Corporation Trust Co., 1209 November 24, 2010 at 2:00pm, at 66 LLC: 116 E. 30th St., NY, NY 10016. LLC, 954 Lexington Avenue, #132. State, Townsend Bldg., Dover, DE Orange St., Wilmington, DE 19801. John Street, 11th floor, on a petition SSNY designated as agent of LLC upon from Zumschneider Corp., to continue N.Y., N.Y., 10021. Date of 19901. Purpose: any lawful activity. Cert. of Form. filed with DE Sec. of to, maintain, and operate an unen- Dissolution: N/A. Purpose of PLLC: whom process against it may be State, 401 Federal St., Dover, DE served. SSNY shall mail process to the closed sidewalk cafe at 107-109 to engage in any lawful act or activi- Notice of Qualification of Evolve 19901. Purpose: any lawful activity. LLC at the addr. of its princ. office. Avenue C, in the Borough of ty. Street address of Principal Customer Support, LLC. Authority Purpose: Any lawful activity. Manhattan, for a term of two years. Business location is: 954 Lexington filed with NY Dept. of State on Notice of Qual. of M81 Capital LLC, REQUEST FOR A COPY OF THE Avenue, #132. N.Y., N.Y., 10021. 10/15/10. Office location: NY County. Authority filed Sec’y of State (SSNY) PROPOSED REVOCABLE CONSENT Notice of Formation of LONELY KINGS 6/2/10. Office loc.: NY County. LLC MAY BE ADDRESSED TO DEPT. LLC formed in TX on 4/28/06. NY Sec. Notice of Formation of MH Ducks PRODUCTIONS, LLC. Arts. of Org. of State designated agent of LLC org. in DE 5/28/10. SSNY desig. as OF CONSUMER AFFAIRS, 42 filed with Secy. of State of NY (SSNY) agent of LLC upon whom process BROADWAY, NEW YORK, NY LLC. Arts. of Org. filed with Secy. of upon whom process against it may 10004. ATTN: FOIL OFFICER State of NY (SSNY) on 10/13/10. on 09/27/10. Office location: NY be served and shall mail process to: against it may be served. SSNY shall Office location: NY Co. SSNY desig- County. Princ. office of LLC: 351 E. c/o CT Corporation System, 111 8th mail copy of proc. to Attn: Andrew P. Notice of Formation of 449 BROADWAY, nated as agent of LLC upon whom 12th St., #3, NY, NY 10003. SSNY Ave., NY, NY 10011, regd. agent upon Widdop, 265 E. 66th St., Apt. 39A, LLC. Arts. of Org. filed with Secy. of process against it may be served. designated as agent of LLC upon whom process may be served. TX NY, NY 10065. DE office addr.: CSC, State of NY (SSNY) on 10/05/10. Office SSNY shall mail process to: The whom process against it may be and principal business addr.: 10555 2711 Centerville Rd., Wilmington, DE location: NY County. Princ. office of LLC, 216 West 99th St., #14, NY, NY served. SSNY shall mail process to Cossey Rd., Houston, TX 77007. Arts. 19808. Cert. of Form. on file: SSDE, LLC: c/o United American Land, LLC, 10025. Purpose: any lawful activities. the LLC at the princ. office of the of Org. filed with TX Sec. of State, Townsend Bldg., Dover, DE 19901. 430 W. Broadway, NY, NY 10012. SSNY LLC. Purpose: Any lawful activity. 1019 Brazos, Austin, TX 78701. Purp.: any lawful activities. designated as agent of LLC upon whom Notice of Qualification of GOFFE Purpose: all lawful purposes. process against it may be served. SSNY CAPITAL GP, LLC. Authority filed with Notice of Appl. for Auth. ROI Labs, Notice of Qualification of RX MOSAIC shall mail process to the LLC at the Secy. of State of NY (SSNY) on LLC, a foreign limited liability company NOTICE OF FORMATION OF Village HEALTH LLC. Authority filed with addr. of its princ. office. Purpose: Any 10/12/10. Office location: NY County. (LLC). Appl. for Auth. Filed with SSNY Playday LLC. Article of Organization Secy. of State of NY (SSNY) on lawful activity. LLC formed in Delaware (DE) on on 8/26/10. LLC organized in DE on filed with the Secretary of State of NY 10/21/10. Office location: NY County. 10/08/10. Princ. office of LLC: 399 6/11/10. NY office location: New York (SSNY) on 8/23/10. Office location: LLC formed in Delaware (DE) on Notice of Formation of PICKWEST Park Ave., NY, NY 10022. SSNY des- County. SSNY designated as agent NEW YORK County. SSNY has been 09/28/10. Princ. office of LLC: 437 LLC. Arts. of Org. filed with Secy. of ignated as agent of LLC upon whom for process. SSNY shall mail copy of designated as agent upon whom Madison Ave., NY, NY 10022. SSNY State of NY (SSNY) on 10/15/10. process against it may be served. process to: National Registered process against it may be served. The designated as agent of LLC upon Office location: NY County. Princ. SSNY shall mail process to c/o Arnold Agents, Inc., 875 Ave. of the Americas, Post Office address to which the whom process against it may be office of LLC: c/o Gotham & Porter LLP, Attn: Richard P. New York, NY 10001. Office address SSNY shall mail a copy of any served. SSNY shall mail process to Organization, LLC, Attn: Christopher Swanson at the princ. office of the of LLC in jurisdiction of organization: process against the LLC served c/o Corporation Service Co., 80 Jaskiewicz, 1010 Ave. of the LLC. DE addr. of LLC: c/o Corporation c/o National Registered Agents, Inc., upon him/her is C/O the LLC 1864 State St., Albany, NY 12207-2543. Americas, 4th Fl., NY, NY 10018. Service Co., 2711 Centerville Rd., 160 Greentree Drive, Suite 101, Dover, 7th Ave, #44. New York, NY 10026. DE addr. of LLC: c/o 2711 Centerville SSNY designated as agent of LLC Ste. 400, Wilmington, DE 19808. DE 19904. A copy of the Cert. of Date of Dissolution: Purpose of LLC: Rd., Ste. 400, Wilmington, DE 19808. upon whom process against it may Arts. of Org. filed with c/o Secy. of Form. Is on file with State of Delaware, to engage in any lawful act or activi- Arts. of Org. filed with DE Secy. of be served. SSNY shall mail process State: Div. of Corps., 401 Federal St., Division of Corporation, 401 Federal ty. Street address of Principal State-John G. Townsend Bldg., 401 to the LLC at the addr. of its princ. John G. Townsend Bldg., Dover, DE Street, Ste. 3, Dover, DE 19901. Business location is: 1864 7th Federal St., Ste. 4, Dover, DE 19901. office. Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. Purpose: Any lawful act or activity. Avenue, #44. New York, NY 10026. Purpose: Any lawful activity.

30 | Crain’s New York Business | November 15, 2010 nb46p30-31cl.qxp 11/12/10 2:17 PM Page 31

PUBLIC & LEGAL NOTICES

Notice of Qualification of Real Branding Notice of Qualification of Bridgebar Notice of Qualification of Mercer ME Notice of Qualification of C2C Appraisal NOTICE OF FORMATION of Bucky’s LLC. Authority filed with NY Dept. of Lender LLC. Authority filed with NY Benefits Valuation Services LLC. Services, LLC. Authority filed with Beverages LLC. Arts of Org filed with State on 10/18/10. Office location: Dept. of State on 9/24/10. Office Authority filed with NY Dept. of State Secy. of State of NY (SSNY) on the Secy of State of NY (SSNY) on NY County. LLC formed in CA on location: NY County. Princ. bus. on 10/8/10. Office location: NY 9/21/10. Office location: NY County. 8/31/10. Office loc: NY Co. SSNY has 3/28/00. NY Sec. of State designated addr.: 55 E. 59th St., 17th Fl., NY, NY County. Princ. bus. addr.: 1166 Ave. LLC formed in Delaware (DE) on been designated as an agent upon agent of LLC upon whom process 10022. LLC formed in DE on 9/21/10. of the Americas, 25th Fl., NY, NY 6/23/09. SSNY designated as agent whom process against it may be served against it may be served and shall NY Sec. of State designated agent of 10036. LLC formed in DE on 9/27/10. of LLC upon whom process against and shall mail a copy of any process mail process to: c/o CT Corporation LLC upon whom process against it NY Sec. of State designated agent of it may be served. SSNY shall mail to: 7083 Hollywood Blvd., Ste 180, Los System, 111 8th Ave., NY, NY 10011, may be served and shall mail process LLC upon whom process against it process to: c/o National Registered Angeles, CA 90028. Principal business regd. agent upon whom process may to: c/o CT Corporation System, 111 may be served and shall mail process Agents, Inc., 875 Ave. of the Americas, address: 210 E. 68th St., Ste 15L, NY, be served. CA and principal business 8th Ave., NY, NY 10011, regd. agent to: c/o CT Corporation System, 111 Ste. 501, NY, NY 10001. Principal NY 10065. Purpose: any lawful act. addr.: 2325 Third St., Ste. 108, San upon whom process may be served. 8th Ave., NY, NY 10011, regd. agent office address: 15301 Ventura Blvd., Francisco, CA 94107. Cert. of Org. DE addr. of LLC: 1209 Orange St., upon whom process may be served. Ste. D300, Sherman Oaks, CA Notice of Formation of HDA Captains filed with CA Sec. of State, 1500 Wilmington, DE 19801. Cert. of Form. DE addr. of LLC: 1209 Orange St., 91403. Address to be maintained in Neck LLC. Arts. of Org. filed with 11th St., Sacramento, CA 95814. filed with DE Sec. of State, 401 Wilmington, DE 19801. Cert. of Form. DE: c/o National Registered Agents, Secy. of State of NY (SSNY) on Purpose: all lawful purposes. Federal St., Dover, DE 19901. filed with DE Sec. of State, 401 Inc., 160 Greentree Dr., Ste. 101, 10/5/10. Office location: NY Co. Purpose: any lawful activity. Federal St., Dover, DE 19901. Dover, DE 19904. Arts of Org. filed SSNY designated as agent of LLC Notice of Formation of CHEFSQUIRE Purpose: any lawful activity. with DE Secy. Of State, 401 Federal upon whom process against it may SWEETS LLC. Arts. of Org. filed with NOTICE OF FORMATION of THE St., Ste. 4, Dover, DE 19901. be served. SSNY shall mail process Secy. of State of NY (SSNY) on 10/06/10. WILSON LAW FIRM LLC. Arts of Org Notice of Qual. of Venari GP, LLC, Purpose: any lawful activities. to: The LLC, Attn: August A. Direnzo, Office location: NY County. SSNY filed with the Secy of State of New Auth. filed Sec’y of State (SSNY) 14 Chelmsford Dr., Glen Head, NY designated as agent of LLC upon whom York (SSNY) on 6/14/10. Office loca- 8/19/10. Office loc.: NY County. LLC Name: SECOND WIND; ELDER FIT- 11545. Purpose: any lawful activities. process against it may be served. SSNY tion: NY County. SSNY designated org. in DE 8/17/10. SSNY desig. as NESS AND CARE MANAGEMENT shall mail process to the LLC, 300 E. as an agent upon whom process agent of LLC upon whom process LLC. Art Of Org. Filed Sec. Of State NOTICE OF FORMATION of Alyson 93rd St., Apt. 17B, NY, NY 10128. may be served and shall mail a copy against it may be served. SSNY shall of NY 08/03/10. Off. Loc.: New York Tufts Consulting, LLC. Arts of Org Purpose: Any lawful activity. of any process to: 65 Broadway, Ste mail copy of proc. to Att: Robert Co. SSNY designated as agent upon filed with the Secy of State of New 833, NY NY 10006. Principal business Akeson, One Battery Park Plaza, 3rd whom process against it will be York (SSNY) on 7/21/10. Office loca- INTERSTATE COMMUNICATIONS, address: 299 Broadway, Ste 920, NY Fl., NY, NY 10004. DE off. addr.: CSC, served. SSNY to mail copy of tion: NY County. SSNY designated LLC Articles of Org. filed NY Sec. of NY 10007. Purpose: any lawful act. 2711 Centerville Rd., Wilmington, DE process to THE LLC, C/O Robert W. as an agent upon whom process State (SSNY) 10/7/2010. Office in NY 19808. Cert. of Form. on file: SSDE, Hofman, 350 Port Washington may be served and shall mail a copy Co. SSNY desig. agent of LLC upon Notice of Formation of 116 John Townsend Bldg., Dover, DE 19901. Avenue, #3B, New York, NY 10003. of any process to: The LLC, 7014 13 whom process may be served. Street Developer LLC, Art. of Org. Purp.: any lawful activities. Purpose: Any lawful act. Ave, Ste 202, Brooklyn, NY 11228. SSNY shall mail copy of process to 2 filed Sec’y of State (SSNY) 8/12/10. Purpose: any lawful act. W. 46th St., Mezz. Fl., NY, NY 10036. Office location: NY County. SSNY Notice of Formation of KYLE EDITING, NOTICE: Roman Tree LLC. Article of Purpose: Any lawful purpose. designated as agent of LLC upon LLC. Arts. of Org. filed with Secy. of Organization filed with the Secretary Name of LLC: Total Management US, whom process against it may be State of NY (SSNY) on 10/14/10. of State of NY on July 6, 2007. Office LLC. Art. of Org. filed Dept. of State served. SSNY shall mail copy of pro- Notice of Formation of Eye Goo LLC. Office location: NY County. SSNY location NEW YORK County, 332 East of NY on 9/30/2010. Off. Loc. in NY: cess to c/o Metro Loft Management, Arts. of Org. filed with Secy. of State designated as agent of LLC upon 15th Street, New York, NY 10003. NY Cty. Secy. of State designated as 20 Exchange Pl., NY, NY 10005, the of NY (SSNY) on 10/14/10. Office whom process against it may be agent of LLC upon whom process Reg. Agt. upon whom porc. may be location: NY County. SSNY designat- served. SSNY shall mail process to NOTICE OF FORMATION of Sun & against it may be served. Sec. of served. Purpose: any lawful activities. ed as agent of LLC upon whom Vitale & Levitt, P.C., 445 Broad Schrempp Associates, LLC. Arts of State shall mail a copy of process to: process against it may be served. Hollow Rd., Ste. 124, Melville, NY Org filed with the Secy of State of Davidoff Malito & Hutcher LLP, 605 SSNY shall mail process to: c/o The LEOPALD AND MOLLY, LLC, a 11747. Purpose: Any lawful activity. NY (SSNY) on 7/19/2010. Office Third Ave., NY, NY 10158, Attn: M LLC, 12 E. 33rd St., 8th Fl., NY, NY domestic Limited Liability Company loc: NY Co. SSNY designated as an Groeneveld. Purpose: any lawful 10016. Purpose: any lawful activity. (LLC), filed with the Sec of State of NY Notice of formation of JAKOB/HILTON agent upon whom process against activity. on 9/15/10. NY Office location: New CAPITAL, LLC. Arts. of Org. filed with it may be served and shall mail a Notice of Formation of Gold’n York. SSNY is designated as agent the Sect’y of State of NY (SSNY) on copy of any process to the principal NOTICE OF FORMATION OF LIMITED Consulting, LLC. Art. of Org. filed upon whom process against the LLC 8/27/2010. Office location, County business address: 148 Madison LIABILITY COMPANY. NAME: 16 FOR with Secy. of State of NY (SSNY) may be served. SSNY shall mail a of New York. SSNY has been des- Ave, Ste 1601, NY, NY 10016. 8 HOSPITALITY, LLC. Articles of on 10/07/10. Office location: NY copy of any process against the LLC ignated as agent of the LLC upon Purpose: any lawful act. Organization were filed with the Co. SSNY designated as agent of served upon him/her to JIS Consulting whom process against it may be Secretary of State of New York (SSNY) LLC upon whom process against it Ltd., 211 E. 43rd St., Ste. 1203, NY, served. SSNY shall mail process to: Notice of Qualification of AG TCDRS, on 06/24/10. Office location: New York may be served. SSNY shall mail NY 10017. General Purposes. 870 Fifth Avenue, NY NY 10065. L.P. Authority filed with NY Dept. of County. SSNY has been designated process to the LLC, 23 West 23rd Purpose: any lawful act. State on 10/1/10. Office location: NY as agent of the LLC upon whom Street, #710, New York, NY 10023. NOTICE OF QUALIFICATION of Teri County. LP formed in DE on 9/24/10. process against it may be served. Purpose: any lawful act or activity. Tobias Agency, LLC. Authority filed Sec’y NOTICE OF FORMATION OF LIMITED NY Sec. of State designated agent of SSNY shall mail a copy of process to of State (NY) 9/30/10. Office location: NY LIABILITY COMPANY. NAME: LP upon whom process against it the LLC, c/o Ben Daitz, 60 West 13th Notice of Formation of SILVER TOW- County. LLC formed in DE on 12/11/09. DOROTHY D. SCHRAGER LLC. Articles may be served and shall mail process Street, New York, New York 10011. ERS PRODUCTIONS, LLC. Arts. of NY Sec. of State designated agent of of Organization were filed with the to the principal business addr.: c/o Purpose: For any lawful purpose. Org. filed with Secy. of State of NY LLC upon whom process may be served Secretary of State of New York (SSNY) Angelo, Gordon & Co., L.P., 245 Park (SSNY) on 10/12/10. Office location: and shall mail process to the principal on 10/13/10. Office location: New York Ave., 26th Fl., NY, NY 10167. DE addr. AMALGAMATED PARTNERS LLC NY County. Princ. office of LLC: 244 business addr.: PO Box 1274, New County. SSNY has been designated as of LP: c/o The Corporation Trust Co., Articles of Org. filed NY Sec. of State Fifth Ave., #2306, NY, NY 10001. York, NY 10009. DE address of LLC: agent of the LLC upon whom process 1209 Orange St., Wilmington, DE (SSNY) 8/30/2010. Office in NY Co. SSNY designated as agent of LLC c/o Corporation Service Company, 2711 against it may be served. SSNY shall 19801. Name/addr. of genl. ptr. SSNY desig. agent of LLC upon upon whom process against it may Centerville Rd., Ste. 400, Wilmington, DE mail a copy of process to the LLC, c/o available from NY Sec. of State. whom process may be served. SSNY be served. SSNY shall mail process 19808. Cert. of Form. filed with DE Sec. Zane & Rudofsky, Esqs., 601 West 26th Cert. of LP filed with DE Sec. of shall mail copy of process to 162 to the LLC at the addr. of its princ. of State, PO Box 898, Dover, DE 19903. Street, New York, New York 10001. State, Townsend Bldg., Dover, DE W. 13th St., #42, NY, NY 10011, which office. Purpose: Any lawful activity. Purp.: any lawful activities. Purpose: For any lawful purpose. 19901. Purpose: any lawful activity. is also the principal business location. Purpose: Any lawful purpose.

Notice of Qualification of NLCF FUND LP. Authority filed with Secy. of State of NY (SSNY) on 10/14/10. Office location: NY County. LP formed in Delaware (DE) on 10/07/10. Princ. office of LP: 230 Park Ave., Ste. 865, NY, NY 10169. SSNY designated as agent of LP upon whom process against it may be served. SSNY shall mail process to the Partnership at the princ. office of the LP. The regd. agent of the company upon whom and at which process against the company can be served is Satyen Mehta, at the princ. office addr. Name and addr. of each general partner are available from SSNY. DE addr. of LP: 2711 Centerville Rd., Ste. 400, Wilmington, DE 19808. Arts. of Org. filed with Secy. of State of the State of DE, 401 Federal St., Dover, DE 19901. Purpose: Any lawful activity.

November 15, 2010 | Crain’s New York Business | 31 20101115-NEWS--0032-NAT-CCI-CN_-- 11/12/2010 11:50 AM Page 1

FOR THE RECORD

estate transaction” in the subject line, or filed with the Securities and Exchange stock at $34.02 on Nov. 1, in a enter them online at Commission by executives and major transaction worth $1,701,000. On the ABOUT THIS SECTION crainsnewyork.com/submitadeal. Deals are shareholders. Listings are in order of same day, he sold 50,000 shares at $53.50, in a transaction worth FOR THE RECORD is a weekly listing of information from the public record that listed in order of square footage. transaction value.The information was obtained from Thomson Reuters. $2,675,000. He now directly holds can help businesspeople in the New York area find opportunities, potential COMMERCIAL 86,500 shares. new clients and updates on competitors. ● Schiff Hardin signed a 10-year lease ● International Business Machines Corp. To ask questions or get more information on this section, contact Denise for 48,000 square feet at 666 Fifth Ave.,a (IBM) ● Dover Corp. (DOV) Southwood at [email protected]. 41-story building owned by Kushner Steven A. Mills, senior vice president, Raymond Hoglund, vice president, Cos. The firm will occupy the 16th and software group, exercised options on president and chief executive, exercised 17th floors. Scott Gottlieb and Michael 113,091 shares of common stock at options on 38,963 shares of common Wellen of CB Richard Ellis represented prices ranging from $78.13 to $105.96 stock at prices ranging from $24.50 to the tenant. Howard Fiddie, Zachary on Oct. 29, in a transaction worth $41.25 on Oct. 29, in a transaction BANKRUPTCIES Requests competitive sealed bids by Freeman and Stephen Siegel, also of CB $10,391,552. During the same period, worth $1,319,111. On the same day, he 2 p.m. on Dec. 16 for the renovation and Richard Ellis, represented the landlord, he sold 113,091 shares at prices ranging sold 38,963 shares at prices ranging The following listings are selected from the expansion of Engine Company 63 in the along with Ted Koltis and Peter from $142.52 to $142.71, in a from $52.81 to $52.96, in a transaction most recent available filings by companies Bronx. There will be an optional prebid Brindley of Tishman Speyer. The asking transaction worth $16,130,559. He now worth $2,058,504. He now directly seeking bankruptcy protection in the conference at 10 a.m. on Nov. 29 at rent wasn’t disclosed. directly holds 109,842 shares. holds 272 shares. Southern and Eastern Districts of New Engine Company 63, 750 E. 233rd St., York. Information was obtained from U.S. Bronx. Attendance is strongly ● TMP Worldwide Advertising and Samuel J. Palmisano, chairman of the ● Consolidated Edison Inc. (ED) Bankruptcy Court records available on recommended. For more information Communications signed a 10-year, board, president and chief executive, Joann F. Ryan, senior vice president, Public Access to Court Electronic Records. regarding this solicitation, contact Ben seven-month lease for 37,400 square feet exercised options on 90,000 shares of business shared services, exercised Listings are in alphabetical order. Perrone at (718) 391-2614. at 125 Broad St., a 40-story building common stock at $104.71 on Nov. 1, in a options on 28,000 shares of common owned by Mack-Cali Realty. Gerry transaction worth $9,423,900. During stock at prices ranging from $43.72 to ● Ace Installers Corp. ● Department of Environmental Protection Miovski, Barry Finkelman, Andrea the same period, he sold 89,045 shares at $46.88 on Nov. 1, in a transaction worth 220 Stewart Ave., Brooklyn Requests competitive sealed bids by Funsten and Christopher Mansfield of prices ranging from $142.33 to $142.70, $1,268,400. On the same day, she sold Filed for Chapter 11 bankruptcy 11:30 a.m. on Nov. 23 for the CB Richard Ellis represented the tenant, in a transaction worth $12,682,795. He 28,000 shares at $49.82, in a transaction protection on Nov. 3. The filing cites construction of an ultraviolet-light pilot while Lisa Cear, Mark Ravesloor, Scott now directly holds 378,405 shares. worth $1,394,960. She now directly estimated liabilities of $100,001 to facility at the Jamaica waste water Sloves and Peter Turchin of CB Richard holds 11,438 shares. $500,000 and estimated assets of treatment plant. For more information, Ellis represented the landlord.The Linda S. Sanford, senior vice president, $1,000,001 to $10 million. The sole contact Greg Hall at (718) 595-3236 or asking rent wasn’t disclosed. enterprise transformation, exercised ● Iconix Brand Group Inc. (ICON) creditor holding an unsecured claim is [email protected]. options on 78,204 shares of common Warren Clamen, executive vice president the New York State Department of ● NYU Langone Medical Center signed stock at prices ranging from $78.13 to and chief financial officer, exercised Taxation and Finance, owed $135,250. ● Department of Parks and Recreation a 15-year lease for 28,500 square feet at $104.71 on Oct. 29, in a transaction options on 110,000 shares of common Requests competitive sealed bids by 1491 Third Ave., a four-story, 36,000- worth $7,306,179. During the same stock at prices ranging from $5.06 to ● Acorn and its affiliates 10:30 a.m. on Nov. 23 for the removal square-foot building owned by FSM period, she sold 78,204 shares at prices $10 on Oct. 29, in a transaction worth 2-4 Nevins St., Brooklyn of invasive tree species within a portion Holdings. The hospital will move to the ranging from $142.59 to $142.92, in a $803,600. On the same day, he sold Filed for Chapter 7 bankruptcy of Pralls Island Wildlife Reserve. Bid second, third and fourth floors. Paul transaction worth $11,164,642. She now 110,000 shares at $17.44, in a protection on Nov. 2. The filing cites documents are available for a $25 fee in Wexler of Corcoran Wexler Healthcare directly holds 5,635 shares. transaction worth $1,918,378. He now estimated liabilities of $1,000,001 to the Blueprint Room, Room 64, Properties represented the landlord, directly holds 75,311 shares. $10 million and estimated assets of $0 to Olmsted Center, Flushing, Queens, while Mark Mandell of Cushman & Timothy S. Shaughnessy, senior vice $50,000. Among the creditors with the between 8 a.m. and 3 p.m. Wakefield represented the tenant. The president, services delivery, sold 21,942 ● Jefferies Group Inc. (JEF) largest unsecured claims are Forest City Questions should be directed to Juan asking rent wasn’t disclosed. shares at $142 on Oct. 29, in a Ian M. Cumming, chairman of the Ratner, owed $1,000,000, Citizens Alban at (718) 760-6771 or transaction worth $3,115,764. He now board, purchased 75,000 shares of Consulting Inc., owed $292,000, and [email protected]. ● News Corp.’s News America signed a directly holds 15,001 shares. common stock at $23.45 on Nov. 1, in a Gray Robinson, owed $85,412.86. lease for 26,800 square feet at 1185 Sixth transaction worth $1,758,675. He now GOODS AND SERVICES Ave., a 42-story, 1 million-square-foot James J. Kavanaugh, vice president and indirectly holds 49,365,900 shares. ● Orion TV Productions Inc. and its ● Brooklyn Bridge Park building owned by SL Green Realty. controller, exercised options on 7,000 affiliates Requests proposals by 3 p.m. on Nov. 19 The marketing division is moving to the shares of common stock at $104.71 on Leucadia National Corp. purchased 655 Third Ave. for integrated pest management and 24th floor. Kenneth Rapp of CB Nov. 1, in a transaction worth $732,970. 75,000 shares of common stock at Filed for Chapter 11 bankruptcy extermination services for the park. The Richard Ellis represented the tenant, Between Nov. 1 and Nov. 4, he sold $23.45 on Nov. 1, in a transaction worth protection on Nov. 3. The filing cites contractor will furnish all supervision, while Howard Tenenbaum and Gary 10,279 shares at prices ranging from $1,758,675. It now indirectly holds estimated liabilities of more than labor, materials and equipment Rosen represented SL Green in-house. $143.85 to $146.36, in a transaction 49,351,400 shares. $1 billion and estimated assets of more necessary to accomplish the monitoring, Asking rents in the building are between worth $1,486,914. He now directly than $1 billion. Among the creditors management and pest removal $60 and $65 a square foot. holds 4,195 shares. Joseph S. Steinberg, chairman of the with the largest unsecured claims are components of the pest program. The board, purchased 75,000 shares of NBC Universal, owed $34.6 million, contractor will perform inspections and ● Gerson & Gerson signed a nine-year ● Tiffany & Co. (TIF) common stock at $23.45 on Nov. 1, in a Showtime Networks Inc., owed provide proper identification, lease for 17,000 square feet at 100 W. James E. Quinn, president, exercised transaction worth $1,758,675. He now $25.5 million, and Rainbow Media management and treatment of pests. 33rd St., a 14-story, 1 million-square- options on 50,000 shares of common indirectly holds 49,365,900 shares. Ⅲ Holdings, owed $22.9 million. Questions should be directed to Jeffrey foot building owned by Vornado Realty Sandgrund at (718) 222-9254 or Trust. Jordan Mandel of the Vortex ● Regal Home Center & Contracting Inc. [email protected]. Group and David Starr of UGL Equis 2917 Arthur Kill Road, Staten Island represented the tenant, while Jared DEALS ROUNDUP Filed for Chapter 7 bankruptcy ● Economic Development Corp. Solomon and Craig Panzirer protection on Nov. 5. The filing cites Requests proposals by 4 p.m. on Nov. 18 represented the landlord in-house. The estimated liabilities of $0 to $50,000 and from firms that want to serve as financial asking rent was $44 a square foot. TRANSACTION SIZE COMPANY (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE estimated assets of $0 to $50,000. The adviser to the NYC Energy Efficiency creditors holding unsecured claims are Corp. in all matters relating to general ● Computers for Youth signed a five- Gulf Coast Energy $250.0 Warburg Pincus GCI Catalano Associates, owed $35,000, and program design and financial structuring year lease for 13,550 square feet at 520 Resources (Manhattan), management of Gulf Coast Energy Howard M. File Esq., owed $5,000. to support energy-efficiency financing Eighth Ave., a 25-story, 755,000-square- Resources programs. Please submit six hard copies foot building owned by Newmark Accertify Inc. $150.0 American Express Co. SB M&A and one electronic CD of the proposal. Holdings. The company will occupy the (Manhattan) GOVERNMENT CONTRACT For more information, contact Maryann 10th and 23rd floors. Eric Gural, Brian OPPORTUNITIES Catalano at (212) 312-3969 or Steinwurtzel and Matthew Mandell of Genesis Networks Inc. $27.0 Global Crossing Ltd. SB M&A (Manhattan) [email protected]. Newmark Knight Frank represented the Following are selected contract landlord, while Mr. Gural negotiated on Vascular Pathways Inc. $14.0 CHL Medical Partners, GCI opportunities recently announced by New ● Department of Education behalf of the tenant. The asking rent was MVM Life Science Partners, Ascension Health Ventures, York City agencies.To learn how to sell Requests competitive sealed bids by $32 a square foot. Arcus Ventures (Manhattan) goods and services to city government, visit 4 p.m. on Nov. 17 for the enlarging of ● OMGPOP (Manhattan) $10.0 SoftBank Capital, GCI www.nyc.gov/selltonyc. For a searchable textbooks, illustrations and other PBS Real Estate renewed its lease for Spark Capital, Baseline database of current procurement notices, printed materials used in teaching of 8,000 square feet at 230 Park Ave.,a Ventures visit www.nyc.gov/cityrecord. Listings are visually impaired students. The 23,600-square-foot building owned by Cathay United Bank Co., $5.0 BofA Merrill Lynch SB M&A alphabetical by category and department. contractor shall be responsible for Monday Properties.The company nonperforming loans International Inc. picking up books to be enlarged and occupies the 18th floor. PBS Real Estate (Manhattan) CONSTRUCTION SERVICES delivering same to various locations principal and founder John Brod ● This Life Inc. $3.1 RRE Ventures (Manhattan), GCI Department of Design and Construction throughout the five boroughs. handled the negotiations in-house for Founder Collective, Requests competitive sealed bids by Questions should be sent to the tenant, while John Berger of Monday individual investors 2 p.m. on Dec. 7 for citywide asbestos [email protected]. Properties represented the landlord in- Chenango Valley $3.0 BHC Interim Funding GCI abatement. There will be a mandatory house, along with Paul Amrich of CB Pet Foods Inc. (Manhattan) prebid conference at 10 a.m. on Nov. 29 Richard Ellis. Asking rents per square Cloud Sherpas $1.6 Syncarpha Management GCI at the Department of Design and REAL ESTATE DEALS foot in the building are in the $60s. (Manhattan), management Construction, 30-30 Thomson Ave., of Cloud Sherpas Long Island City, first floor, bid room. Companies that would like to have details Selected deals announced for the week ended Nov. 7 involving companies in metro New York. Questions should be directed to Ben of their recent transactions appear in these STOCK TRANSACTIONS GCI: Growth capital investment represents new money invested in a company for a minority Perrone at (718) 391-2614. listings should e-mail descriptions stake. SB M&A: Strategic buyer M&A represents a minority or majority acquisition of existing following this format to Following are recent insider transactions at shares of a company without the participation of a financial buyer. source: capitaliq ● Department of Design and Construction [email protected], with “Real New York’s largest publicly held companies

32 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0033-NAT-CCI-CN_-- 11/12/2010 7:22 PM Page 1

monster, are also expected to be best-sellers, as are the Disney Fed stimulus bonds Holiday shoppers Princess and Me dolls. Even board games, like Loopz and Monopoly, Continued from Page 2 Madison Avenue. are surging again in popularity. Continued from Page 3 square-foot African and Hispanic same-store sales this year as of Oc- “Watches are definitely an op- “A lot of these young tween girls Street and Lenox Avenue in arts and culture center on the tober, according to LGI Network, a portunity [for retailers],” says the have their cell phones and their mu- Harlem that is being developed by ground floor of the Kalahari condo- market research firm owned by Doneger Group’s Ms. Morrison. sic players and their computers, so a group that includes football leg- minium in Harlem, which received NPD Group. Parents will return to tradition they’re looking for something new end Emmitt Smith. ESmith Lega- $2 million.Roland Laird,managing While designers such as Michael for gift items,too.Toys like dolls and in entertainment,” says Chris cy received preliminary approval in director of My Image Studios, Kors and Marc Jacobs are selling board games appear fresh to today’s Byrne, content director at Timeto- June for $20 million in bonds to which has partnered with developer their versions for around $500 a pop PlayMag.com. “That’s driven the build a 177-room, Hyatt-managed Full Spectrum, says they’re close to at department stores, other manu- return to traditional toys, which are hotel with 100,000 square feet of finalizing their financing. facturers are pricing their wares sig- Loopz and new to them.” retail space. Earlier this year, three projects nificantly lower. For example, The firm is “very close” to final- that met all financing requirements watchmaker RumbaTime recently Monopoly are Gift cards on rebound izing its other funding and expects received a total of $31.5 million of began offering its digital watches— GIFT CARDS are expected to be best- to begin construction early next bonds. Those include a 55,000- rubber-strapped timepieces that surging in sellers for kids and adults alike. In year, says President Brian Morris, square-foot Stop & Shop on the come in 10 different hues—for a recent years, the cards had fallen who adds that the federal money Rockaway Peninsula in Queens, meager $20 at Lord & Taylor. The popularity from favor—as expiration dates and was “a linchpin.” which opened last month, as well as Manhattan-based brand has already inactivity fees created expensive The bonds will act as the senior a retail plaza in the area. been spotted on the fashionable hassles. In 2009, holiday gift card debt on the project,Mr.Morris says, The third is 50,000 square feet of wrists of Katy Perry, Sarah Jessica sales fell for the second year in a row with the balance coming from sub- retail, the first phase of the mixed- Parker and other celebrities. to $24.1 billion, a 3% drop from ordinated debt and the sale of new- use City Point development in children, who are growing up in an 2008,according to the NRF.But re- market tax credits. downtown Brooklyn, which just Watching the competition age of social networks and electron- cently passed legislation extends ex- broke ground. “We would not have MANY MANHATTAN STORES are hom- ic sports. piration dates to five years and re- Breaking ground gotten started without the [bonds],” ing in on the trend. Bloomingdale’s Last year, U.S. doll sales—at duces additional fees. Plus, more OTHER PROJECTS include an 80,000- says Tom Montvel-Cohen, a is touting chic fashion watches in $1.48 billion—gained a modest 1% consumers are opting for general square-foot medical office building spokesman for City Point. ads atop taxicabs and city buses. over 2008, according to the NPD gift cards from Visa or American in Flushing, called the North Meanwhile, legislation has been Saks Fifth Avenue, which includes Group. But sales of Barbie and her Express, which can be used on es- Queens Medical Center, which was introduced in Washington that a Michael Kors watch in its holiday doll-faced cohorts are stronger this sentials like groceries and toiletries. awarded $17 million in bonds; and a would extend the deadline for the gift guide this year, says the sector is year. Mattel Inc., which manufac- “Gift cards are amazingly popu- five-story, 605-space parking facili- bond program. an emerging one, especially for its tures Barbie, says that U.S. sales of lar,” says Joe Welter, a partner and ty for St. Barnabas Hospital in the “We are grateful that we had this female shoppers.Specialty boutique the shapely doll were up 16% for the Northeast regional leader of the Bronx, awarded $20 million. A opportunity to invest in projects. Olive & Bette’s advertises a watch quarter ended Sept. 30, compared consumer business practice at De- spokesman for St. Barnabas said it We would be more grateful for an from Sasha Rhett on its website with the year-earlier quarter. loitte. “You can now find gift cards should close on its other funding extension and new allocation,” Ms. homepage. And this summer, Ital- Monster High dolls, which are from a number of different ven- early next month and break ground Wood says. “While Congress ian brand Toy Watch,a newcomer to the “spawn”of well-known creatures dors—the accessibility has changed, in the first quarter of 2011. meets, we will try to get these deals the U.S., leased its first store on such as Dracula and Frankenstein’s and the rules have changed.” Ⅲ The smallest project is a 20,000- closed.” Ⅲ

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November 15, 2010 | Crain’s New York Business | 33 20101115-NEWS--0034-NAT-CCI-CN_-- 11/12/2010 7:26 PM Page 1

Other so-called second tier cities are giving New York a run for its Artists flee New York money by actively courting artists Outsider in at schools with incentive programs and hous- Continued from Page 1 Of course, not every artist is leaving deals. In the Cleveland neigh- Continued from Page 1 much pressure to survive, you don’t ing. But even those devoted to stay- borhood of Collinwood, the North- das that stress measurable results. In- even know what you did that day,” ing admit it has become more of a east Shores Development Corp. has dividuals from outside education now he says from his home in Berlin. struggle since the recession. And bought 16 vacant properties and lead 5% of the country’s largest 200 Artists have long struggled in with no single neighborhood offer- renovated them as artists’ resi- urban school districts, according to New York, moving into rough areas, ing a critical mass of places with dences. All but four have sold, and the Los Angeles-based Broad Center gentrifying them and then getting cheap rents,artists in New York have the development company plans to for the Management of School Sys- forced out. But as the city has gotten dispersed across the city looking for renovate more properties. tems.In 2009 alone,43% of the 28 va- increasingly expensive, there are few deals, losing the sense of communi- cancies in large districts were filled by such neighborhoods left to move to, ty that is central to creativity. Calling Cleveland graduates of the center’s Superinten- forcing a growing number of artists Scott Goodman, a visual artist BRIAN FRIEDMAN, executive director dents Academy, which specializes in to abandon the city. Many had who graduated from Cooper Union, of Northeast Shores, says that dur- training leaders with unconventional hoped the recession would bring rents a room in an apartment in ing the past few months,he has been backgrounds. down rents, making it easier for Bedford-Stuyvesant for $600 a getting regular calls and visits from “There’s a difference between be- them to stay. Instead, rents have month and pays $300 to share a stu- artists and musicians interested in ing a teacher and leading an organiza- barely dropped, and the part-time dio with 12 other artists across the relocating from Brooklyn. tion that’s focused on teaching,” says jobs they depend on for survival have street. To pay the bills, he works “We thought we’d be attracting Becca Bracy Knight, executive direc- getty images become harder to find. Without a nearly 60 hours a week at a sign shop artists from Cleveland,” he says. “I tor of the Broad Center. “You can LEARNING HER ABCS: Novice schools boss strong arts community, New York in Chelsea, which leaves him little had no idea we’d be getting contact- have someone running a great sym- Cathie Black faces tough challenges. risks losing its standing as a creative time to create his art. ed regularly by people from New phony who isn’t a concert violinist. It center, which could have a negative “There is no doubt that things York.” doesn’t mean the violinist isn’t impor- impact on numerous industries that have become more difficult for artists New York arts executives say tant; it’s just a different skill set.” leaders, we come in with a lot of the depend on talented employees. since the recession because there’s no their biggest concern is one they At Ms. Black’s introductory press right skills on the business side, but Though there are no official funding for grants and there are no have no way to measure but are nev- conference last week,Mr.Bloomberg what we often neglect in an effort to numbers, a survey of 1,000 artists buyers,” Mr. Goodman says. ertheless convinced of: that art called her a “world-class manager,” make change is the importance of conducted in 2009 by the New York Despite the hardship,Mr.Good- school graduates aren’t even at- and said that her ability to handle a building consensus,”he says.“I had to Foundation for the Arts found that man will stay put. “My world is in tempting to move to New York at budget and a staff trumped her lack of take time to really listen and learn more than 43% expected their annu- New York City,” he says. “I grew up the beginning of their careers. Mr. education credentials. “Our problem from the community.” al income to drop by 26% to 50% here, and I don’t plan on moving.” Davis of Vinylux says five of his em- is making sure an organization with a over the next six months, and 11% Many of Mr. Goodman’s peers ployees are graduates of the presti- $23 billion budget,with 135,000 em- Expectations not always aligned believed they would have to leave aren’t so loyal. Though the bulk of gious Rhode Island School of De- ployees, that has to deal with every PAULA DAWNING, a former vice presi- New York within six months. Even the nation’s galleries are still here, sign who moved straight to level of government, that has to deal dent of sales at AT&T, led the Ben- more troubling, cultural boosters artists and other creative workers say Philadelphia after graduation. with all sorts of social problems, is ton Harbor Area Schools System, say, is that for the first time, artists the feeling of community that used “Now, the smartest kid has a able to function.” one of Michigan’s poorest and most fresh out of art schools around the whole set of options;the best and the As chairman of Hearst Maga- chronically underperforming dis- country are choosing to live in nas- brightest go to Berlin, or Austin, zines, Ms. Black oversaw 2,000 em- tricts, for five years before retiring in cent artist communities in regional ‘The artist drain Portland or Minneapolis,” says ployees who produced over 200 edi- 2007. In her first two years, fourth- cities like Detroit and Cleveland— Robert Elmes,director of Galapagos tions of 14 magazines in 100 grade reading scores doubled,and the which are dangling incentives to at- is one of the Art Space, a Dumbo performance countries. The company’s U.S. rev- overall dropout rate fell 20%. tract this group—and bypassing space for emerging artists, that is enue fell 19% last year,to $1.8 billion, Ms. Dawning warns that Ms. New York altogether. city’s biggest opening a venue in Berlin. “The re- but there’s no estimate of its interna- Black’s job will be her toughest, with Those cities offer large neigh- cession has created a situation where tional revenue, according to Ad Age. parents, teachers, the business com- borhoods full of cheap but decrepit problems’ people don’t consider New York City Supporters say Ms. Black’s skills will munity and government maneuver- real estate, something that New to be a place of opportunity.” be critical with budget cuts looming. ing for influence.“One of the big dif- York had back in the 1960s, when a Arts advocates are beginning to They also argue that the foundation ferences going from the private to the major arts community developed lobby New York City to offer conces- of reform is in place,and what’s need- public sector was you had so many here. By 1985, there were 5,500 sions to make it competitive again ed is someone who can complete it. constituencies you had to respond to,” artists living in SoHo, with 300 gal- to exist in New York is gone, and with other cities. Last month, the “The key now is to pull all the she says. “And their expectations are leries in the same neighborhood. As with it, the spark that fueled ideas. Center for an Urban Future pub- stakeholders together to get it imple- not necessarily aligned.” that neighborhood gentrified, the Even though they are closer to the lished a report about ways the city mented,” says Kathryn Wylde, presi- Both Mr. Raymond and Ms. galleries moved to Chelsea and the dealer community,if they don’t have could stop the exodus by incentiviz- dent of the Partnership for New York Dawning attended the Broad Cen- artists dispersed. A number of them the time and energy to create good ing real estate developers to create af- City.“That’s a job that really requires ter’s academy,while Ms. Black is tak- went to Williamsburg, Brooklyn, work, there is a better chance of fordable live/work spaces for artists. the kind of management, communi- ing charge of 1.1 million students but by the middle of this decade, making it big elsewhere. Paul Nagle, former cultural head cation and consensus-building skills without any training. (Ms. Knight that area had become expensive,too. Jeff Davis,an artist whose compa- for City Council member Alan Ger- that Cathie Black has.” says the center will offer the new “How much can the city grow ny, Vinylux, makes artifacts like son, just launched a think tank called chancellor a “crash course.”) culturally if everyone is bouncing clocks and mirrors out of recycled the Institute for Culture in the Ser- Finding support in the ranks While Messrs. Raymond and around and doesn’t even know if records,came to the city for art school vice of Community Sustainability to MR. BLOOMBERG also pointed out that Klein and Ms. Dawning experienced they’re going to be there next year?” at New York University 17 years ago. help shape public policy that the chancellor has support from a success, outsider failures include asks Mr. Khan. Like people in other industries, Mr. strengthens the role of art in civic life. team of eight deputies—most of Julius Becton, a retired U.S. Army Davis decided to leave the city when And Anne-Brigitte Sirois,direc- them with extensive education expe- lieutenant general who resigned after Not made here his wife was pregnant with their sector of real estate development for the rience. One, Photeine Anagnos- two years of struggling as head of the INDUSTRY EXPERTS worry that New ond child and they couldn’t afford to arts at Art State, a real estate firm topoulos, resigned within hours of D.C. system. York will become a place where art upgrade their apartment in Prospect that specializes in using cultural de- Ms. Black’s hiring becoming public, Jeffrey Henig, professor of politi- is presented but not made, turning Heights, Brooklyn. velopment to improve urban areas, however,and keeping the others could cal science and education at Teachers the city into an institutionalized sort Three years ago, they moved to is working on a documentary film prove a challenge. For example, Eric College-Columbia University, says, of Disney Land. One arts executive Philadelphia. Because the rent is so about the flight of artists out of New Nadelstern, Mr. Klein’s top deputy, “Lots of folks believe if you bring in a says it could become “a Washington, much cheaper there and the city is York City. She hopes to organize a was passed over.That surprised insid- tough organizer and manager and ar- D.C.,” a sterile, planned city with a full of empty manufacturing build- major artists’ protest at City Hall to ers, who felt his four decades of expe- ray the right staff you can make up for number of cultural institutions but ings, Mr. Davis has been able to coincide with the debut of the doc- rience in the system positioned Mr. lack of substantive knowledge, but few artists—certainly not a place grow his company simply because umentary in about six months, and Nadelstern to be the next chancellor. the case for that hasn’t been made.” known as a birthplace for new cul- he has more space. “There’s no ma- draw attention to their plight. Other outsiders who have taken Though it can be done, he adds, “it’s tural ideas and trends. jor place to go now in New York for For now at least, many artists see over school systems say Ms. Black just a harder row to hoe, and it’s not Indeed, the loss of the city’s cre- artists that’s worth it,” he says. an uphill battle. Katya Tepper, a faces the challenge of a lifetime.Their clear to me why that would be your ative sector could take away New Many of the artists moving to painter and performance artist who advice? That she listen. first choice.” York’s status as an innovator and hurt Philadelphia are able to buy their graduated from Cooper Union in Jonathan Raymond managed a Ms. Black is expected to bring a numerous industries that rely on this own living and studio space, elimi- May, is moving to Chicago the day nonprofit with a $9 million budget less confrontational style to the job group,from advertising to Broadway. nating the problem of landlords her lease expires in March. before transitioning into education than her predecessor, but some ex- “The artist drain is one of the jacking up their rent. Christopher “There was a romanticism about administration in 2006. In 2009, he perts doubt that, given her dearth of city’s biggest problems,” says Ted Plant,a real estate agent who moved being an artist in New York that was was appointed superintendent of the experience, Ms. Black will challenge Berger, executive director of New to Philadelphia after years of work- handed down in stories,but no artist Sacramento City Unified School Mr. Klein’s policies. York Creates. “You need a creative ing as a lighting designer and pro- I know is living that kind of life District, which has 47,000 students “I will be very surprised if she turns talent pool from which all industries duction director for dance compa- here,” Ms. Tepper says. “In other and a $370 million budget. out to be independent or concludes can draw. When you’ve lost that, nies in New York,says he has helped cities where space is affordable, Mr.Raymond said he visited all of that some of the things Klein did were you’re not keeping your competitive more than a dozen artists make the artists are now living the kind of life the system’s 82 schools in his first 110 not so great,” says Sol Stern, a senior advantage.” move in the past few years. we dreamed about in New York.” Ⅲ days on the job. “As nontraditional fellow at the Manhattan Institute. Ⅲ

34 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0035-NAT-CCI-CN_-- 11/12/2010 11:52 AM Page 1

52% of advertising & marketing execs believe office holiday parties are good investments BUSINESS LIVES Source: The Creative Group

HOT JOBS EXECUTIVE INBOX HITTING THE CHARTS: Hector Rivera fields up to 30 requests a day for Anne Fisher DIGITAL-SOCIAL detailed neighborhood STRATEGY DIRECTOR plans. COMPANY MRM Worldwide Cashing in on JOB DESCRIPTION Delivering plans for clients’ businesses and ‘new frugality’ for selling and expanding digital- AS MOST business owners know, social strategies people just aren’t shopping the MOST IMPORTANT TASKS Work- way they used to. Consumer ing with client and account teams spending rose by a measly 0.2% to apply research, consumer and in the third quarter, according to business insights, and customer the Commerce Department. segmentation models Not every business is hurting, CREDENTIALS NEEDED Seven to however. A fortunate few are 10 years of relevant experience, profiting from consumers’ belt- bachelor’s degree tightening ways. Consider, for instance, 1SaleADay.com. Ben SALARY $150,000 to $200,000 Federman was 23 and fresh out RECRUITER Internal of the Army—including a stint in Afghanistan—when he started DOWNSIDE Must juggle strategiz- the company in 2007 with about ing and interfacing with informa- $200,000 he had scraped tion architects, creative directors together from savings, credit and account and media teams cards and loans from relatives, UPSIDE Company embraces digi- just as the recession was getting tal marketing tactics like blogs, under way. social media networks, discussion As its name implies, the site groups and forums offers one bargain per day in MRM Worldwide is a global digital jewelry and electronics. Consum- and direct agency with more than ers have 24 hours to buy the fea- 2,000 employees spread across tured item, which is discounted by 40 offices in 30 countries. as much as 90% below retail. “It —BRIAN CHAPPATTA dawned on me that, if you featured just one or two items at a time, you could get great volume pricing,” Mr. Federman says. EXECUTIVE MOVES Talk about timing: In its first

buck ennis six months, 1SaleADay drew AdGenesis: Richard J. about 20,000 customers. Then Bressler, 31, has been GOTHAM GIGS shoppers began bargain hunting named a board in a big way. Now, about member at the 350,000 of them visit the site advertising and every day. Mr. Federman says marketing firm. He revenues have more than continues as director of Clear Channel doubled in each of the past He’s on the Map three years, to $30 million in Communications Inc., Warner Music Group Corp., Gartner Inc. and The 2009, and that figure looks likely Nielsen Co. In addition, he is a board ‘I wanted AT JUST 33 YEARS OLD, Hector Rivera is charged with preserving to double again this year. observer at Univision Communications Manhattan’s history and its future. As head of Borough President “People told me I was crazy to Inc. and a member of the J.P.Morgan Scott Stringer’s Topographical Bureau, he holds the nearly 6,000 buy an item at, say, $30 and sell it Chase national advisory board. to prove for $29,” he says. “But I’m thick- Chase: Thelma maps of the borough, stretching back to 1749. He fields up to 30 Ferguson, 51, has been [a school headed. When I make up my mind promoted to head of requests per day from city agencies and engineers looking for the to do something, I stick with it.” middle-market adviser] detailed neighborhood plans. ¶ Mr. Rivera has worked in the 1SaleADay now employs 45 banking for the downtown office for nearly 12 years, once serving on former Borough people and has moved out of Mr. Northeast region. She wrong’ Federman’s living room into a will also head financial President Virginia Fields’ advance team, scoping out event locations. 40,000-square-foot warehouse in institutions and hedge “Even though I was born and raised in the city, I was always amazed fund businesses nationally for the Brooklyn’s Gateway district. With commercial bank. She was most recently by different places I’d never seen,” he recalls. ¶ Mr. Rivera, who grew profit margins at about 20%, head of middle-market banking for up the youngest of three boys in the Frederick Douglass Houses on the business is so lucrative that metro New York. Mr. Federman, who last year SL Green Realty Corp.: Jim Mead, 51, has West 103rd Street, certainly didn’t have his career path mapped out for donated more than half of its net been appointed chief financial officer of him. His mother went on public assistance when he was in grade earnings to charities, is setting up the real estate investment trust. He was most recently chief financial officer of school, and she lost her job at Columbia University. At 16, he entered a a foundation to give away still Strategic Hotels . city internship program, but his high school adviser tried to dissuade more. Who’s crazy now? Bloomberg Businessweek: Kristin him from going for the borough president’s office, suggesting he’d do Powers, 37, has been named managing HAS YOUR BUSINESS felt the impact editor of the magazine. She was most better in an easier post.“I wanted to prove her wrong,” he says. of tighter purse strings? Tell us at See EXECUTIVE MOVES on Page 36 —hilary potkewitz www.crainsnewyork.com/execinbox.

November 15, 2010 | Crain’s New York Business | 35 20101115-NEWS--0036-NAT-CCI-CN_-- 11/12/2010 11:53 AM Page 1

RÉSUMÉ REVIEW Crafting a new guidebook Is your job search all it could be? We ask the experts. Comedian/actress if you don’t craft, it might motivate around? NAME GEOFFREY GOLDMAN you to get a hobby or get back to a Not really.I’m like a dealer.You have SUMMARY follows up best-seller hobby you once had. It sparks ideas. to get my number, and you have to It’s inspirational. request them. It’s cash only, and I Professional in human capital management with simple ideas don’t do repeat business. I used to seeking corporate position There are over 500 suggestions on deliver them to Joe’s Coffee, and I PROFESSIONAL EXPERIENCE things to make. What are your favorites? miss making the extra cash and hav- l Ceridian Corp., 2008-2010 BY ALIX STRAUSS I like the “crafting for ing an allowance jar. Jesus” section, and I Major-account representative CTRESS AND COMEDIAN enjoyed dressing How will you spend Thanksgiving? Won Rookie of the Year award for Ceridian’s sales force in 2008; Amy Sedaris, who played up as the shepherd I get back from book touring the presented and sold HR/payroll/benefits technology; performed ROI Jerri Blank for three seasons and the angel.I also day before, so I’ll probably get a calculations and financial forecasting on Comedy Central’s like the ‘sentimen- group of friends together and l Fresh Direct, 2006-2007 AStrangers With Candy,has a new book tal jewelry’ part. whip up a traditional, last- Corporate account manager on the shelves—Simple Times: Crafts minute turkey with mashed Managed top accounts, increasing revenue and new business development for Poor People, a follow-up to her Where did your creativity potatoes,stuffing and pumpkin l Winston Staffing Services, 2005-2006 2006 best-selling I Like You:Hospital- come from? pie. Account executive ity Under the As a kid, I was al- Consultative sales role, with face-to-face meetings and phone work Influence. It’s ways making Do you still sell your own l Progressive sales roles and freelance music industry jobs, 1997-2005 the first time things and crafts at your book Fundraising, inside sales at DCM; corporate sales and membership MOVERS & that the fa- went door to signings? sales at Town Sports International/New York Sports Clubs SHAKERS mous cupcake door to sell Yes. This year, I sold EDUCATION baker and her them. I made pot holders and Sim- older brother, paperweights ple Times pencils. l Bachelor of Arts, Oberlin College, 1999 Amy David Sedaris, and drawings, For I Like You, I sold Résumé appears in condensed form. have new titles and I’d sell wands, among oth- EXPERT ADVICE Sedaris out at the same them for 25 er things.I like hav- Geoffrey would be a stronger candidate by tying together his varied time. cents. I would ing mad money,and offer to get rid you can use that to tip positions so that they show a more fluid connection between roles. He Is it tough to duke it out with David for of people’s people. should consider a résumé that is a combination functional/chronological publicity? pumpkins or try version, grouping together similar skills by subject, rather than by job title. It’s great, because we don’t do the to sell them Do you have a motto or Additionally, he should be more flexible with his career summary, leaving same thing. People read his books. broth to add to mantra you live by? possibilities open to the needs of the hiring official reading his résumé. People look at mine. And mine are their dog’s food. It’s easer to apolo- —nancy schuman, vice president, marketing, Lloyd Staffing more creative. It’s fun fluff. gize than ask permis- Is your sion. Whenever I ask To contact this candidate or to be featured in “Résumé Review,” e-mail us How would you describe Simple Times? cupcake for something, the at [email protected]. Visual! It’s great for people who catering answer is always can’t read or who don’t like to. Even business still “no.” Ⅲ

EXECUTIVE MOVES business development, at Remco MKDA: Al D’Elia, 58, has been named the law firm as a partner. He was was previously business development Maintenance. executive vice president of the corporate previously a partner at Kirkland & Ellis. manager. Francis Cauffman: John J. Plappert, 50, space planning and interior design firm. David Chun, 35, was promoted to Citigroup Inc.: Marissa Continued from Page 35 has been appointed director of health He was previously self-employed. partner. He was previously an associate. Sorger Tracey, 45, recently associate publisher at facilities planning at the architecture Kellner DiLeo & Co.: Sarah Davidoff, 39, joined the firm as a joined the private bank Miramax/Weinstein Books. firm. He was most recently director of Rory Zirpolo, 48, has partner. She was previously a partner at as a director and Cohn & Wolfe: Mark Cater, 46, has health care planning at RMJM Hillier. joined the investment Stroock & Stroock & Lavan. private banker. She rejoined the communications agency as Legolas Media: Ethan Simblist, 34, has management company Michael Kahn, 34, was promoted to was previously a vice president of the New York office. He been named director of sales at the as principal and head partner. He was previously an associate. president at BNY was previously managing director, audience insights company. He was of securities lending. Anne Pak, 37, was promoted to partner. Mellon Wealth United Kingdom and Europe, at formerly director of online sales at Most recently, he She was previously an associate. Management. Chamberlain Healthcare PR. LucidMedia. served as managing BDO Valuation TD Bank: Deborah Steinhauer, 31, was Platinum Maintenance Services Corp.: BBDO Worldwide: Paul Matheson, 41, has director of prime Advisors: Gregg Dight, named vice president and manager of Edward J. Wasilewski, 59, as been been named director of behavioral services at Credit Suisse. 48, has been promoted the bank’s Bond & Broadway location appointed vice president and director of planning, BBDO North America, at the Gotham: Nick Johnson, 39, has been to senior vice in Manhattan. She most recently sales and marketing at the maintenance advertising and marketing firm. He was appointed chief marketing officer of the president at the served as a branch manager for PNC and restoration services company. He previously regional planning director, advertising and marketing firm. He had financial advisory and Bank. was formerly vice president, sales and Asia Pacific, at Oglivy & Mather. been president of Redscout. consulting services Sesame Workshop: Laura Smith, 40, Egon Zehnder International: David Noble, company. He was was named vice president of formal 50, has been named senior adviser at the most recently a vice learning at the nonprofit educational CORPORATE LADDER executive recruitment firm. He was president. organization. Most recently, she served formerly a partner at Oliver Wyman. Zemoga: Sara Foster, 53, was appointed as assistant commissioner for external NY-PRESBYTERIAN’S Patrick O’Brien, 39, has been named a director of global finance at the digital partnerships and research at the New member in the U.S. financial services innovation agency. She was most York State Department of Education. NEW SURGERY CHIEF practice group. He was most recently the recently global controller for Toluna RBC Capital Markets: Francisco Gonzalez, president of Allstate Roadside Services, USA. 43, has been appointed managing DR. DARREN SCHNEIDER, 44, a physician with USA. Kristen Goelz, 32, joined as client director, U.S. municipal finance group. training in both vascular surgery and interventional Meredith Corp.: Pete strategist and managing director of life He was most recently managing director radiology, was appointed chief of vascular and Snyder, 38, has been sciences, a newly created position. She in the public sector and infrastructure endovascular surgery and director of the Center for named president of was most recently vice president and co- group at Goldman Sachs. Vascular and Endovascular Surgery at New York- the newly created director of client services at Flashpoint The Phipps Houses Group: Robert Pigott, Presbyterian Hospital/Weill Cornell Medical Center. emerging markets Medica, an Omnicom Group company. 51, was named corporate vice president group at the media Bicycling magazine: Leah Flickinger, 44, and general counsel at the not-for-profit He also was named associate professor of surgery and marketing joined as executive editor of the Rodale developer, owner and manager of at Weill Cornell Medical College. Dr. Schneider previously was associate company. He Inc. publication. She previously served affordable housing. He was most professor of surgery and associate professor of radiology at the University of continues as chief as deputy editor of Women’s Health recently chief legal officer and corporate California, San Francisco. executive of new media strategies. magazine. compliance officer at Fidelis Care New Dr. Schneider has the expertise to perform minimally invasive SapientNitro: Tea Romano, 50, joined the Pepper Hamilton: Don M.Tellock, 40, York. endovascular procedures for carotid disease, aortic aneurysms and New York office of the customer joined as a partner in the commercial —maggie wells experience company as a vice president litigation practice group at the law firm. EXECUTIVE PROMOTIONS dissections, and peripheral artery disease. He is also experienced in of business development. She was He was most recently a partner at Schiff minimally invasive and open surgical approaches for treatment of varicose previously an account lead on Procter & Hardin. The fastest way to get an announcement into veins and deep-vein thrombosis Gamble’s Pampers digital business at Kellen Co.: Michael Cummings, 43, was Crain’s is to submit details online. Fill out the form —BARBARA BENSON StrawberryFrog, NA. promoted to vice president at the at www.crainsnewyork.com/submit. The Ropes & Gray: Zachary Brez, 38, joined association management company. He Executive Moves column is also available online.

36 | Crain’s New York Business | November 15, 2010 Project84:fp template.qxd 11/4/10 12:10 PM Page 1

Early on in his career, Joseph Weilgus worked as an intern at a top consulting firm. He used CRAIN’S annual Book of Lists as the ultimate prospecting tool, eventually building enough of a client base to start his own business.

Today, as Chief Executive Officer of investment and financial advisory firm New Legacy Group and founder of Project Sunshine, a multi-national children’s non-profit organization, Joe continues to use CRAIN’S assets to build his growing empire.

C N Y B : M C 25 Y . 20101115-NEWS--0038-NAT-CCI-CN_-- 11/11/2010 5:32 PM Page 1 chemex / INSATIABLE CRITIC Gael Greene URAL CULTURALT EVENTS flickr.com SAURDTURDAT Y , NOVEMBER 27 THE NY GALLERY TOURS invites you to bring your family on a Chelsea gallery tour that features art exhibits suitable for WEEK people of all ages and backgrounds. The Tamales tweaked event is free for children 6 and under, $15 for children aged 7 to 17, and $20 AHEAD for adults. The tour meets promptly at 1 p.m. at 526 W. 26th St., rain or shine. Call (212) 946-1548 or e-mail at Mesa Grill NOV. 22-28 for more [email protected] information.

CONFERENCES & SEMINARS SAURDTURDAT Y , NOVEMBER 27 bloomberg news Bobby Flay brand is MONDAY , NOVEMBER 22 THE YORINKS THEATER GROUP, as part of Are global currency wars upon us? THE the There’s No Place Like Home alive and well at Fifth AMERICAN BUSINESS FORUM ON EUROPE Festival, presents a multimedia WHAT HE’S invites you to hear Matthias Paul theatrical adaptation of L. Frank Avenue Southwestern Kuhlmey, a partner at Hightower, speak Baum’s The Wonderful Wizard of Oz. READING about purchasing power protection— The show begins at 8 p.m. at the ARDON MY twittchiness, opportunity and risk when investing. Merkin Concert Hall, 129 W. 67th St. RICHARD ANDERSON, chief but I’m addicted to Twit- The event will be held at McCann- Tickets are $30 for adults, $12 for executive of Delta Air Lines, was ter. I’ve pretty much giv- Erickson, 622 Third Ave., 23rd floor. A children 12 and under, and $20 for reading Ernest Hemingway’s In en up my desperate need reception will begin at 6 p.m., and the seniors. Call the box office at Our Time on a recent flight to New

P buck ennis presentation starts at 6:30 p.m. RSVP (212) 501-3330 for tickets. to match Martha Stew- York from Atlanta. WILL DRIVE YOU WILD: The quesadilla to [email protected] by Nov. 18. The event art’s 2,037,000 followers. It’s amaz- is free for members and $30 for FUNDRAISERS “I love Hemingway’s writing ing I’ve actually got 43,000 of my nonmembers. Call (212) 972-3035 TUESDAY , NOVEMBER 23 style: simple but graphic,” says own. As one of Bobby Flay’s earliest MESA GRILL or visit www.abfe.biz/events for more LIVEOPENHOUSE.TV invites you to Mr. Anderson, an English major in fans (149,692 followers), I follow 102 Fifth Ave. information. “Property Developers Who Care,” a college. “He paints a great picture, his tweets.I fell in love with his spicy (212) 807-7400 fundraising forum. Three hundred key and I can get engrossed in the Southwestern cooking just weeks www.mesagrill.com MONDAY , NOVEMBER 22 players in the New York City real estate story no matter where I am.” THE CENTER ON JAPANESE ECONOMY after he opened Mesa Grill in 1991. Join community will come together to Mr. Anderson, who travels on As a tweetster, Flay is not a master AND BUSINESS and THE SANFORD C. discuss the future of land use, raise BERNSTEIN & CO. CENTER FOR funds for the Coalition for the a weekly basis, was reading the of haiku, daringly intimate or par- LEADERSHIP AND ETHICS as they present Homeless and increase awareness of book in paperback because he ticularly witty. Mostly he sends out CUISINE Southwestern “The New Financial Regulatory affordable-housing programs. The bought it right before boarding his alerts for his television appearances PRICE RANGE Entrées $22-$39 Regimes: Japan, U.S. and Europe” from evening will include an open bar, flight. “I buy all my books at the or announces the flavor of the week 6 p.m. until 7:30 p.m., followed by a complimentary buffet, panel SERVING Dinner 7 days; lunch airport,” he says. He recently at Bobby’s Burger Palace. reception, at the Davis Auditorium, discussions and networking. The event finished Jane Austen’s But a few weeks ago, he tweeted Mon.-Fri.; brunch Sat., Sun. Shapiro Center, Columbia University, runs from 7 p.m. to 10 p.m. at the Persuasion. from the kitchen at Mesa Grill, 500 W. 120th St. The event is free, Scholastic Building’s Rooftop RESERVATIONS Yes “I’m just not a modern- where he was working on the new and advance registration is required. Greenhouse, 557 Broadway.Tickets menu. I was impressed that he still NOISE LEVEL Challenging Sign up for the event at range from $40 for general admission American-lit kind of guy, except www.gsb.columbia.edu/cjeb. to $1,000 for platinum sponsorship. for business books,” he says. found time to tweak the tamales. I can’t wait to return. Proceeds support the Coalition I hadn’t been to Mesa in years,not ORUMS F Mr. Anderson likes to start a I will definitely go back. for the Homeless. E-mail flight with a couple of since a lackluster Southwestern TUESDAY , NOVEMBER 23 [email protected] for Thanksgiving dinner.Now I’m back. I’ll let them simmer awhile. Join LEADER CONNECTIONS at its next information. newspapers, then settle into a It’s Saturday night, a full house, and NO HATS Never again. executive forum, featuring Michael —maggie wells good novel. He flies coach, by the by 10 p.m., 40 or 50 standees cluster Millegan, president of Verizon Global way. Wholesale. The event offers To view Crain’s classified events listings, —HILARY POTKEWITZ near the bar waiting for a table. A go to www.crainsnewyork.com/events good-looking young crowd,but then fresh asparagus on this fall menu. opportunities for leaders and aspiring these days, everyone this side of Bet- One of our friends orders the leaders to connect with similar-minded C-level professionals after work. The ty White looks young to me.No sign Saturday Night Special, excellent evening begins at 6 p.m. and ends at of Bobby. I certainly don’t expect to spice-rubbed bison filet with corn, 8 p.m. in the New York Times see him on site, glad-handing, sign- ancho chile sauce and crispy red Building, 620 Eighth Ave., 15th floor. ing one of his 68 cookbooks. And I onion. It suffers ever so slightly by The fee is $99. Register at wasn’t expecting the food to be quite comparison to that exceptional www.leaderconnections.com/ this wonderful. Good, yes, or good steak. Let’s be realistic, bison is lean executive_forums.php. enough. But not this exciting. It and healthier, a choice seasoned Call (646) 290-7664 or e-mail tastes like early Bobby Flay, though with virtue. Stringy threads of lamb [email protected] for occasionally a bit too sweet. shank posole with red wine chile additional information. Honey overtames the hot mus- broth, cabbage, hominy and Cotija NETWORKING EVENTS tard and ancho chile with marvelous cheese is surprisingly unworthy of TUESDAY , NOVEMBER 23 crunchy deep-fried quail, though I the Flay brand. A side of under- Come to JOB GEN, iBREAKFAST/ concede that honey with fried cooked brussels sprouts with pome- iEVENING’s quarterly meeting of chicken is a Southern tradition.And granate seeds and toasted pecans is entrepreneurs, venture capitalists and the pumpkin soup needs something either a misguided philosophy or seasoned executives, at Fordham for pizzazz, though not its maple sheer carelessness. But the 16-spice Business School at West 60th Street crema. But the spice-rubbed New chicken is a knockout with its so- and Columbus Avenue, from 4:30 p.m. to 8:30 p.m. Focus your investor pitch York strip is seriously steakhouse- phisticated crust, juicy and sassy. and get input, mentorship and advisory good, a thoroughly macho slab of The three-course $50 dinner members for your team while venture beef, smartly caramelized, juicy and with tax and tip is long gone—appe- capitalists take your pitch and weigh PICK OF THE WEEK rare. And I’m wild about the cremi- tizers now run from $10, for my fa- your investibility.The fee to ni mushroom quesadilla: crunchy vorite chopped salad,to $16;entrées attend is $30. To register, visit SAURDTURDAT Y ,, NOVEMBER 27 Take a ride on the schooner tortillas filled with ricotta and fonti- are $22 to $39, but tempting sides www.ibreakfast.com. Adirondack to see water taxis, tall ships and ferries as they na, topped with a fried egg, in a like pumpkin tamale and double- wreath of salsa verde. baked potato with horseradish, WEDNESDAY , NOVEMBER 24 sail around the harbor for the Lighted Boat Parade. The NYC SMALL BUSINESS We’re with loving friends, and green onions and crème fraîche are Join the Adirondack will offer complimentary hot chocolate from BREAKFAST CLUB for the opportunity to tonight we are all congratulating a gentle $7. From pastry chef Clar- network with others in the small Jacques Torres, an open standard bar and holiday treats. The ourselves for the joy of rediscovering isa Martino’s $10.50 desserts, we business arena. The event will be held two-and-a-half-hour cruise sets sail at 6 p.m. from Pier 62, at this spot—fiercely noisy as it is.As in share the apple and cranberry pot at Moonstruck Diner, 400 W. 23rd St., the past, the spicy two-color corn pie with caramel ice cream—sea- at 7:15 a.m., and the fee to attend is West 22nd Street and the Hudson River. Tickets are $85. Call muffins are delicious, though mad- sonal, elegant, sweet and tangy. At $15. Visit www.meetup.com/the-new- (646) 336-5270 or visit www.sail-nyc.com for information. deningly, a touch reduces a broken- the bottom of the menu it reads: york-small-business-breakfast-club/ for off piece to crumbs—and we’re eat- “Chef Bobby Flay.” Clearly that’s more information. ing the crumbs.Shrimp with roasted not idle puffery. It tastes true to me. garlic on a corn tamale comes with MON. TUES. WED. THURS. FRI. SAT. SUN. the last of the late-summer corn, Copyright © 2010 by Gael Greene. 11.22 11.23 11.24 11.25 11.26 11.27 11.28 though I’m not sure why there is Syndicated by www.insatiable-critic.com.

38 | Crain’s New York Business | November 15, 2010 20101115-NEWS--0039-NAT-CCI-CN_-- 11/12/2010 6:24 PM Page 1

THE CHEAT SHEET Getting ready for WEEK Thanksgiving? Here are some Turkey Day ON THE facts to chew on. WEB EAT LIKE IT’S 1621 Heritage turkeys—a food fad—are expected to appear on many New Yorkers’ NOV. 8 - 1 4 Thanksgiving tables this year. In istockphoto an era of increasing mass production, Heritage turkeys serve as a symbol of ORK.CM CRAINSNEWYYORK.COM simpler days.They are often raised like wild turkeys, which means they live longer, and grow more slowly than their industrial counterparts. Of course, sentimentality isn’t the only reason these birds are the season’s hot ticket— Brooklyn leads food critics and chefs swear they are richer in flavor than typical Key Food fowl. And you can buy one without leaving the couch.This year, in new jobs FreshDirect is selling Heritage turkeys from Epicurean Farms, based in Lancaster, Pa. Get ready to fork over more stuffing, though.They cost ANHATTAN shines $7.99 a pound, several dollars more than standard brands. the city’s brightest NO DISHES TO WASH For those who can’t or won’t cook, the Zagat Mlights, but restaurant guide suggests unique turkey creations at several eateries. Some neighboring Brooklyn leads creative examples: turkey biryani with cranberry chutney at Brick Lane New York City in job creation. Curry House or Portuguese-style roasted turkey with chorizo-brioche stuffing at Aldea. Most restaurants offer three- or four-course meals at In fact, the borough ranked fixed prices, ranging from $35 to $125 a person. fourth overall for job growth among the nation’s large ROUTE CHANGE REMAINS For a second time this year,The Macy’s

buck ennis Thanksgiving Day parade will follow its new, winding route that bypasses counties, adding 8,600 Broadway. Appearing for the first time in the 83rd edition of the holiday positions in the first quarter of 2010, up 1.4% from the same quarter of 2009, according to a event: Kung-Fu Panda as a character balloon, and the Kool-Aid Man as a report by the U.S. Bureau of Labor Statistics. More than half of Brooklyn’s new jobs came in “Balloonicle,” a hybrid of a balloon and vehicle. Great weather last year the home health care industry, which hired 4,500 during the first three months of the year.The prompted more than 4 million people to attend the parade. Macy’s expects a more typical showing of 3 million in 2010, says a spokesman. Bronx experienced a similar surge in home health care jobs, with 900 of its 2,307 new jobs Generally, the parade attracts more than 50 million television viewers. coming in that field. Still, the job growth stemmed heavily from low-paying gigs.The average HOME FOR THE HOLIDAY Unlike turkeys, more people are expected to take weekly wage in Brooklyn fell by 1%, to $718, partly because the average weekly wage for home to the skies this Thanksgiving.The Air Transport Association projects air health aides is only $541.The average weekly wage in the Bronx fell by 1.5%. travel will increase by 3.5% , with about 24 million travelers expected to fly The three other boroughs shed jobs in the first quarter, with Manhattan employment during a 12-day period surrounding Thanksgiving. suffering the worst decline: 1.7%. —brian chappatta In an effort to speed its revival, NEWSWEEK IS MERGING WITH TWO-YEAR STARTUP THE DAILY BEAST.Tina Brown, co-founder of The Daily Beast and former editor of Vanity Fair and The New Yorker, will take over as editor in chief of the joint venture,The Newsweek Daily Beast Co. … Concluding a yearlong investigation, THE FBI ARRESTED 17 PEOPLE FOR SCAMMING A HOLOCAUST CHARITY out of $42 million. The ring is accused of filing hundreds of false claims, which drained funds intended for elderly refugees and victims of Nazi persecution.… Speaking of telling the truth,to remind con- An Employee Benefit sumers that smoking kills, the U.S. Department of Health and Human Ser- vices says 50% OF ALL CIGARETTE PACKS AND CARTONS MUST FEATURE GRUE- SOME IMAGES, such as blackened lungs, corpses and nicotine-crusted Unlike Any Other. esophagi. City retailers say the pics won’t hurt cigarette sales any more than scary local cigarette tax rates.… The holidays are just around the corner,and GOLDMAN SACHS HAS BEEN NAUGHTY AND NICE. Wall Street’s most prof- Mercedes-Benz Manhattan itable firm says it will lend $25 million to finance 16 charter schools through is proud to offer the the Local Initiatives Support Corp. But in the same week, the company was hit with a $650,000 fine for failing to disclose that two employees were un- Corporate Employee Program. der formal investigation by the Securities and Exchange Commission. … The STATE CLAIMS THAT ST. VINCENT’S HOSPITAL OWES ITS WORKERS $50 MILLION for violating labor laws when it abruptly closed in April. If the De- partment of Labor succeeds, former workers could get a payout. Of course, St. Vincent’s lawyers are putting up a fight. ... He might not have been the most popular president, but GEORGE W. BUSH SAW HIS MEMOIR, DECISION POINTS, SELL 220,000 COPIES through its first day of release. It’s Random House’s highest opening-day sales number for nonfiction since President For a complete list of eligible companies visit Bill Clinton’s 2004 book,My Life, debuted with sales of 400,000 copies. Mr. Bush helped by promoting the book through interviews with Matt Lauer, www.mbmanhattanfleet.com/benefit Oprah Winfrey, Sean Hannity and others. Mercedes-Benz Manhattan is offering exclusive pricing We also invite you to visit one of our two —brian chappatta to each and every employee at select companies New York City showrooms – conveniently that participate in the Mercedes-Benz Corporate located at West 41st and 11th Avenue or Employee Program. To find out if your company is Park Avenue between 55th and 56th Streets. HOORAY OY VEY enrolled, please visit us online or contact our We look forward to welcoming you and your Corporate Sales Division directly at 888-762-6353. colleagues to the Mercedes-Benz Manhattan THE CITY’S BLACKROCK INC. family very soon. formally committed to Department of add 300 jobs by year’s Education has been end and remain accused of Title IX headquartered in New discrimination for not Yrk orko City. The state creating enough sports agreed to lower opportunities for high- BlackRock’s corporate school girls. tax rate to 33.5%. bloomberg news istockphoto

November 15, 2010 | Crain’s New York Business | 39 CN013879 8/17/10 1:26 PM Page 1

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