MAYOR of MIDTOWN Dan Biederman Helped Transform Some of the City’S Most Troubled Neighborhoods

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MAYOR OF MIDTOWN Dan Biederman helped transform some of the city’s most troubled neighborhoods. But have the business improvement districts he inspired become too powerful? Page 16

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FROM THE NEWSROOM | JEREMY SMERD IN THIS ISSUE

Sidelined and fragmented 4 AGENDA The highly politicized, 5 IN CASE YOU MISSED IT somewhat MAYOR BILL DE BLASIO has been advancing his agenda to nar- inane way 6 ASKED & ANSWERED row the income gap by shifting costs from workers to em- judges are 7 RESTAURANTS picked in ployers, while businesses have stood largely silent. New York The mayor has mandated paid sick leave and raised 8 INSTANT EXPERT the minimum wage for employees of companies receiving 9 SMALL BUSINESS more than $1 million in city subsidies. He signed legislation 10 WHO OWNS THE BLOCK requiring owners of car washes that are not unionized to 11 REAL ESTATE post $150,000 bonds, and banned employers from running 12 VIEWPOINTS credit checks on job applicants. In July, he signed an executive order requiring retail employers with shops at sites 14 THE LIST that were built with some government subsidies to allow No one of these FEATURES workers to unionize. And last week, the mayor announced issues is going to kill 16 BIG BIDNESS his intention to penalize fast-food franchisees for changing “ 20 BANKRUPTCY BARON shift-worker schedules at the last minute. the city’s economy. Businesses have accepted these changes without much ... But at some point, of a fight, while those that have spoken out have usually the cumulative done so on their own. And it’s not for a lack of groups in the city that exist to advance the interests of businesses. As impact will. Aaron Elstein reports on page 16, business improvement districts have grown by 60% since 2003, to 72, with 25 BID P. launches or expansions in the works. That growth coincides with a seemingly end- 27 P. 16 Hernandez Marcelo LESLIE RAMOS less list of economic development corporations that dot the city, multiple chambers of commerce and various industry groups focused on self-preservation. The Real 27 GOTHAM GIGS Estate Board of New York is arguably the most powerful, but its members don’t like 28 SNAPS to upset the mayor, whose administration they depend on to advance their projects. 30 PHOTO FINISH “No one of these issues is going to kill the New York City economy,” said Kathryn Wylde, president of the Partnership for New York City, whose members are large CORRECTION corporations. “Employers won’t leave for any one issue. But at some point, the cu- David Rockefeller picked Kathryn Wylde to run the Partnership for New York City’s new housing arm mulative impact will kill the city’s economy.” in 1981. The date was incorrect in “Hall of Fame,” With so many competing voices, the business community—such as it is—never published Sept. 12. speaks as one. Employers are unable to push back against legislation that raises their costs or impedes their ability to run their businesses autonomously. Sometimes business interests overlap, often they don’t, and occasionally they work at cross-purposes. The Brooklyn Chamber supported paid sick leave, even though many of its small-business members did not. Groups that receive government support can hardly be expected to bite the hand that feeds them. The economy is strong—evidence, the mayor says, that these regulations are ON THE COVER harmless, and that opposition to them is wrongheaded. My point is that the criti- PHOTO: BUCK ENNIS cism was hardly more than a whisper in the first place.

DIGITAL DISPATCHES CONFERENCE CALLOUT OCTOBER 19 Go to CrainsNewYork.com CRAIN’S READ Westbrook ENTERTAINMENT SUMMIT Partners is seeking help to redevelop St. Join Clyde Phillips, showrunner for > John’s Terminal, a Dexter and Nurse Jackie, four-story property and other leaders of New York’s sitting on three city burgeoning film and TV industry blocks across from Pier for a discussion of the future 40, into a 1.7 million- of a key tax break and how the square-foot residential, industry is planning for growth. office and retail complex. If the developer NEW YORK MARRIOTT succeeds in getting the site rezoned, it will DOWNTOWN pay $100 million for Pier 40 air rights. The proceeds will go toward repairing the 8 a.m. to 10:30 a.m. decaying pier. [email protected] n Mount Sinai Health System, with 38,000 employees, has teamed up with Baltimore, Vol. XXXII, No. 38, Sept. 19, 2016—Crain’s New York Business (ISSN 8756-789X) is published weekly, except for double Md.-based Pegged Software to help it issues the weeks of June 27, July 11, July 25, Aug. 8, Aug. 22 and Dec. 19, by Crain Communications Inc., 685 Third reduce turnover by identifying promising job Ave., New York, NY 10017. Periodicals postage paid at New York, NY, and additional mailing offices. Postmaster: Send address changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. For applicants using the company’s proprietary subscriber service: Call (877) 824-9379. Fax (313) 446-6777. $3.00 a copy, $99.95 one year, $179.95 two years. (GST No. algorithm. 13676-0444-RT) ©Entire contents copyright 2016 by Crain Communications Inc. All rights reserved. BUCK ENNIS, AP IMAGES

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 3

P003_CN_20160919.indd 3 9/16/16 8:18 PM WHAT’S NEW SEPTEMBER 19, 2016

AGENDABill Bratton’s legacy: Safer streets and a constant push to innovate

wo camps of New Yorkers stand in judgment of Bill Bratton, who stepped down Sept. 16 from his second stint as police commissioner. One worships the man and brooks no criti- cism of him, while a smaller band of critics condemns him Tfor aggressively policing minority areas. While both sides add value to the necessary, never-ending debate over how to police the city, their in exibility does Bratton and his legacy a disservice. Their immutable PASSING THE views do not re ect the willingness to change that Bratton himself BATON: Bratton demonstrated over the course of his 46-year career. matured over the years and learned Bratton was an innovator from his early days as a Boston cop, which to embrace was no minor feat: Police in the 1970s were even more resistant to change. change than they are today. Given the internal resistance he faced, it’s a testament to Bratton’s determination and effectiveness that he rose Bill de Blasio and a federal judge to dramatically reduce stop-and-frisk. to the highest level of the profession and earned a reputation as the Apologists for the tactic are loath to admit that crime fell at the same father of modern policing. He is credited with popularizing a host of time. They should be celebrating. crime- ghting strategies, including precision policing, community po- The commissioner, who is joining the private sector, has matured licing, CompStat, broken windows, stop-question-frisk and the robust since then-Mayor Rudy Giuliani made him top cop in 1994 and pushed use of data and technology. him out two years later as their relation- What people will remember most, of We’re optimistic about his successor. ship soured. It helped that de Blasio of- course, is that during and after Bratton, ten deferred to Bratton, to the dismay of crime plunged. True, it went down across James O’Neill has huge shoes to ll, police-reform advocates who thought the the nation, but far more in New York City. but also a ne model to emulate mayor would automatically side with them. The rub is that no one knows exactly why. But Bratton came to see the importance of Bratton credited all his strategies the having a rapport with his boss. way parents say they love all their children. Studies suggest CompStat He is right about something else: Police reform must come from (which emphasizes data and accountability within police departments) within. Cops are insular and prickly, so the messenger is as important and precision policing (which focuses enforcement on crime hot spots) as the message. That is why we are optimistic about Bratton’s successor, played a much larger role than neighborhood policing and stop-and- James O’Neill, who rose through the NYPD’s ranks, yet is a reformer. frisk. To his credit, Bratton evolved, executing mandates from Mayor He has huge shoes to ll, but also a ne model to emulate. — THE EDITORS

FINE PRINT Immigrants and jobs have been ooding into Sunset Park, Brooklyn, a report by the state comptroller found. The neighborhood’s population of 152,700 has grown by a third since 1990, with Latinos and Chinese leading the immigrant groups who now comprise almost half that number. Private-sector employment surged 10% in 2014 and 2015; median salaries rose last year to $46,460—13% above the borough average.

BY GERALD SCHIFMAN STATS

25 WORDS OR LESS LEFT TURNS AREN’T ALL RIGHT

TRAFFIC INJURIES AND fatalities are up in the city. Accidents from left turns are part of the problem, AND THE CITY and the Department of Transportation is working to address them.

Traf c fatalities in the rst seven What my dad lacks months of 2016, up 2.4% from “in experience, he 129 the same period last year Bicyclists injured in 2016 through makes up for in July, up 7.7% from the rst seven 2,410 months of 2015 tequila. Portion of severe injuries to pedestrians and bicyclists resulting from cars making left turns, more —Restaurant owner Homer Murray, 19% than three times the portion from right turns whose father, comedian Bill Murray, Decrease in injuries when traf c signals give agreed to tend bar last weekend at people on foot a head start before vehicles can turn left the opening of his son’s new Brooklyn 14% eatery, 21 Greenpoint. Number of these “leading pedestrian intervals” 917 installed in the past two years

BUCK ENNIS ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY SOURCES: NYC Department of Transportation, NYPD

4 | CRAIN’S NEW YORK BUSINESS | SEPTEMBER 19, 2016

P004_CN_20160919.indd 4 9/16/16 8:31 PM AGENDA ICYMI CRAINSNEW YORK BUSINESS EDITOR IN CHIEF Rance Crain publisher, vp Jill R. Kaplan assistant to the publisher Devin Arroyo, 212.210.0701 EDITORIAL editor Jeremy Smerd assistant managing editors Erik Engquist, Rising wages lift NYC and Jeanhee Kim, Robin D. Schatz web editor Amanda Fung art director Carolyn McClain could lead city to hike rents photographer Buck Ennis senior reporters Joe Anuta, Aaron Elstein, Matthew Flamm, Daniel Geiger HE FEDERAL GOVERNMENT last week report- reporters Rosa Goldensohn, Jonathan LaMantia, Caroline Lewis, ed that median household incomes jumped by Addie Morfoot data reporter Gerald Schifman 5.2% in 2015, the largest gain on record, mean- web producer T Peter D’Amato ing the typical American family got a raise for the first columnist Greg David contributing editors Tom Acitelli, time in seven years. In New York City, the story is much Theresa Agovino, Erik Ipsen, Brendan O’Connor, Cara S. Trager the same. Here, median household income rose by 5.1%, ADVERTISING to $55,752. www.crainsnewyork.com/advertise advertising director Irene Bar-Am “Median New York City incomes are roughly back to the [email protected] or pre-recession peak level in 2008,” said James Parrott, chief 212.210.0133 senior account managers economist at the Fiscal Policy Institute. Zita Doktor, Jill Bottomley Kunkes, Rob Pierce, Stuart Smilowitz, Debora Stein Mayor Bill de Blasio (pictured) called the gains “encourag- senior marketing coordinator ing” but added, “we still have a lot of work to do to become LeAnn Richardson sales/events coordinator Ashlee Schuppius a more equitable city.” He took credit for lifting 65,000 New 212.210.0282 [email protected] Yorkers out of poverty since taking office in 2014, with the ONLINE number under the poverty line slipping to 1.68 million, or general manager Rosemary Maggiore 212.210.0237 20% of the city’s population. [email protected] CUSTOM CONTENT Wage gains have been especially pronounced among lower-income earners. New York hairdressers and waiters, director of custom content for instance, have seen average pay rise by 20% over the past three years, according to U.S. Labor Department data. Patty Oppenheimer 212.210.0711 [email protected] What’s more, the gains haven’t been eroded by rising rents, which, according to an analysis by Apartment List, custom content manager Giovanni Perla [email protected] grew only 2% last year—in part because the city’s Rent Guidelines Board for two years has rejected increases for EVENTS rent-regulated apartments with one-year leases. With data showing that tenants have more cash in their pockets, www.crainsnewyork.com/events — AARON ELSTEIN director of conferences & events landlords will surely lobby hard for rent increases next year. Courtney Williams, 212.210.0257 [email protected] manager of conferences & events Links off de Blasio for what they described as Adrienne Yee DATA POINT AUDIENCE DEVELOPMENT The city’s sidewalk Wi-Fi kiosks will no his inappropriate response to a Crain’s director of audience & content longer offer web browsing, after com- story revealing that the city’s count of partnership development SOME 126,000 NEW YORKERS Michael O’Connor, 212.210.0738 plaints that homeless people were using construction deaths excluded a third of [email protected] the tablets to watch pornography. The LEFT THE STATE’S TAX ROLLS IN fatalities last year. The criticsm came a CRAIN’S 5BOROS 400 LinkNYC kiosks will still offer Wi- 2014. THAT’S MORE THAN ANY day after an architect working on a sky- www.5boros.com Fi for passersby to connect their own scraper in midtown fell to his death. Irene Bar-Am, 212.210.0133 devices to the internet for free. OTHER STATE AND INCLUDED [email protected] Cuomo releases housing money REPRINTS A HIGH PERCENTAGE OF reprint account executive Krista Bora Less jail time After delays, Gov. Andrew 212.210.0750 Responding to opioid abuse, Staten Is- EARNERS WITH INCOMES OVER Cuomo agreed to release $2 billion in PRODUCTION land District Attorney Michael McMa- $200,000. affordable housing funds, pending production and pre-press director hon said his office would create a pro- approval by the Legislature. Simone Pryce media services manager Nicole Spell gram to divert low-level criminals to SUBSCRIPTION CUSTOMER SERVICE social services or treatment programs www.crainsnewyork.com/subscribe rather than jail. designed Vessel will be made of 154 [email protected] 877-824-9379 (in the U.S. and Canada). interconnecting flights of stairs and 80 $3.00 a copy for the print edition; or $99.95 First lady landings equal to a mile’s walk. one year, $179.95 two years, for print subscriptions with digital access. The Cooper Union named former Citi- to contact the newsroom: group exec Laura Sparks as its presi- Succeeding Silver www.crainsnewyork.com/staff dent. She is the first woman to hold that Disgraced former state Assembly 685 Third Ave., New York, NY 10017-4024 phone: 212-210-0100 fax: 212-210-0799 position in the Manhattan college’s 157- Speaker Sheldon Silver’s vacated seat Entire contents ©copyright 2016 year history. The school is exploring will be filled by Yuh-line Niou, mark- Crain Communications Inc. All rights ways to reinstate its tuition-free policy. ing the first time an Asian-American reserved. ©CityBusiness is a registered will represent a Manhattan district in trademark of MCP Inc., used under license agreement. Riding high the state Legislature. CRAIN COMMUNICATIONS INC. Metro-North commuters will be able BOARD OF DIRECTORS to belly up to the bar for the first time Bridgegate trial opens chairman Keith E. Crain since 2014 after Connecticut Gov. Dan- Opening arguments in the “Bridgegate” president Rance Crain Golden throne treasurer Mary Kay Crain, Cindi Crain nel Malloy announced that 10 new bar trial begin this week with Bridget Anne Visitors to the Guggenheim Muse- senior executive vp, William Morrow cars will be added to trains running on Kelley, former aide to New Jersey Gov. um will be able to use an 18-kar- executive vp, director of strategic operations Chris Crain the New Haven line by 2020. The an- Chris Christie, and Port Authority ex- at, solid-gold toilet, which was executive vp, director of corporate nouncement came in advance of public ecutive Bill Baroni both expected to installed in a fourth-floor bathroom operations K.C. Crain hearings to discuss a pending 5% fare testify in their own defense. Christie senior vp, group publisher David Klein as part of Italian artist Maurizio increase. recently acknowledged that the scan- vp/production, manufacturing David Kamis Cattelan’s new exhibit “America.” chief financial officer Bob Rechhia dal surrounding lane closures on the The museum says the luxe loo “of- chief information officer Anthony DiPonio Stairs to nowhere George Washington Bridge weakened fers a wink to the excesses of the founder G.D. Crain Jr. [1885-1973] The Related Cos. unveiled a $150 mil- his chances of being Donald Trump’s chairman Mrs. G.D. Crain Jr. [1911-1996] art market but also acknowledges secretary Merrilee Crain [1942-2012] lion, 150-foot-high, open-latticework running mate. sculpture at Hudson Yards that CEO the American dream of opportunity Stephen Ross has likened to the Eif- Construction death denial for all.”

fel Tower. The Thomas Heatherwick- Labor leaders lashed out at Mayor Bill GETTY IMAGES

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 5

P005_CN_20160919.indd 5 9/16/16 8:36 PM AGENDA ASKED & ANSWERED HOTELS INTERVIEW BY CARA EISENPRESS

JASON POMERANC SIXTY HOTELS

ason Pomeranc and his brothers opened the downtown With emerging boutique hotel 60 Thompson the night before the Sept. industries like tech, 11, 2001, terrorist attacks. Their business survived the “ people aren’t tethered economic downturn. Now, they’re capitalizing on demand to a trading floor or Jfor stays at smaller, independently owned hotels. In 2000, boutiques accounted for fewer than 1% specific location.... of hotel rooms in the city. Today they have more than 10% of They almost have the the city’s 112,000-plus inventory, according to hotel research same needs as leisure firm STR. travelers. Among them are three hotels owned by the Pomerancs: the former 60 Thompson, which was rebranded and renovated as SIXTY SoHo in the wake of a 2013 split from Commune Hotels + Resorts, SIXTY LES, and 6 Columbus. (They also own a hotel each in Miami and Beverly Hills.)

What role do boutique hotels play in New York’s hospitality landscape? The flow of international travelers coming for a variety of reasons gives you the greatest diversity of clientele of any city in the world. It makes sense to create as much diversity in the hotel sector as you could.

What does it mean to offer a “hotel experience” or to stay at a “lifestyle hotel”? Growing a boutique brand means growing the ethos but then vary- ing it to each community, each project, each location. You see it in the approach to food and beverage. At a hotel restaurant, it used to be “We don’t want people from the outside; they’ll make noise and disturb our guests.” It was insular. That completely changed. Now, it’s “We want to open up and be outside.” And the community that gets created by it makes a better stay for our guests. DOSSIER

How does the hotel industry differ from neighborhood to neighborhood? WHO HE IS CEO of SIXTY Hotels, which he owns with his People say the city is becoming more vanilla, less like New York. brothers, Michael and Lawrence I’m not sure I agree with that. The fact that you can go into areas of the Lower East Side that a decade ago were completely deso- AGE 45 late or had uses that were not consistent with what the future of BORN Rego Park, Queens the city had to offer, and today they’re part of vibrant communities. RESIDES SoHo I think that’s great. SoHo has changed—it’s really quite shocking. EDUCATION New York But you find little pockets, on Howard Street, south Crosby, west University, B.A.; Benjamin N. SoHo, that show off the constant evolution. Cardozo School of Law-Yeshiva University, J.D. How is it sustainable to open a hotel far from midtown? DON’T ASK QUESTIONS Business travel is part of the expansion to different neighbor- When he stays in other people’s hoods. With emerging industries like tech, people aren’t tethered hotels, he prefers that the service to a trading floor or specific location. They’re not using traditional be a little aloof. “I don’t really meeting spaces. They almost have the same needs as leisure trav- like to be asked how my day is elers. Lobby culture contributes a lot to where they want to stay— 12 times,” he said. “When I need they do a lot of their work in public spaces. That freedom is a good something, I ask for it, and otherwise I like to do my own thing.” marriage for the lifestyle-hotel space. Clearly, parts of Brooklyn have already established themselves, but people are looking WHERE’S THE ROMANCE? toward Bushwick, as well as Long Island City and even other areas He thinks online review sites have gotten a little out of hand. of Manhattan, like Hell’s Kitchen and Harlem. “Having a surprise because you got upgraded, or not knowing What does the competition look like? exactly what amenities you’ll BUCK ENNIS Airbnb is certainly making inroads. It’s taking away a certain have—that mystery in travel— amount of pressure for extended stays, budget travel and family I find kind of nice.” travel. You’re naturally siphoning off some of the demand while adding some supply. The truth is, unconventional has become conventional. Larger hotels are hiring the same designers, the same chefs, the same PR companies. And they’re copying—very effec- tively—what the first wave of independents did before them.n

6 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P006_CN_20160919.indd 6 9/16/16 7:34 PM AGENDA RESTAURANTS

De Blasio has a beef with fast-food joints Mayor puts in order to deter last-minute schedule changes for employees BY ROSA GOLDENSOHN

ayor Bill Speaking outside a be extra compensation managerial task in the de Blasio Brooklyn McDonald’s, de [required] for last-minute world, and they have the last week Blasio acknowledged that shifts.” But he said, “Done computer programs and HOT ISSUE: The mayor revealed the legislation would cost right, there will be very, other methodologies to says fast-food workers Mplans to curb unpredict- employers “in some cas- very little cost.” allow them to do it,” de deserve a break today. able scheduling for fast- es, because there would “It’s not the hardest Blasio said. n food workers, saying that industry “needed the attention the most.” He will introduce a bill requiring fast-food chains in the city to schedule and post most shifts in advance. It also would require employers to compensate workers for last-minute schedule changes and give them at least 10 David Seelinger hours between shifts. CEO The law would apply EmpireCLS to eateries with 30 or more locations nation- wide that provide count- er service, according to the city’s Department of Consumer Affairs. Unions and other advocates have complained for years about scheduling, which they say often gives workers too few hours and hinders them from doing other Driving jobs or arranging child care. Erratic scheduling efficiency. has become more common with the advent of software that helps employers use only as many workers as they need at any given time. Melissa Fleischut, the Understanding president of the New York State Restaurant what’s important. Association, said she is hopeful that the city will work with the industry on the legislation so it does not unduly burden businesses. As a luxury limousine company that serves customers around the globe, personal service, professionalism and efficiency “It’s troubling that fast-food restaurants, are everything to EmpireCLS Worldwide Chauffeured Services. And David Seelinger finds M&T Bank shares those values. which are really a local, We took the time to truly understand their operation and anticipate their needs, and we’re able to make credit decisions franchisee-run small business, have been sin- locally – helping the company to keep moving forward. To learn how M&T can help your business, visit mtb.com/commercial. gled out yet again when these restaurants are already being subjected to greater regulations than any other industry,” she said. “Labor costs for quick-serve restaurants are skyrocketing, and under state law the hospitality industry is al- DEPOSITORY AND LENDING SOLUTIONS | TREASURY MANAGEMENT | MERCHANT SERVICES | COMMERCIAL CARD ready subject to call-in pay and extra pay for a longer-than-10 spread Equal Housing Lender. ©2016 M&T Bank. Member FDIC.

BLOOMBERG of hours in a single day.”

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 7

P007_CN_20160919.indd 7 9/16/16 7:34 PM AGENDA INSTANT EXPERT POLITICS BY ROSS BARKAN

How are judges made in New York? Like sausage [in 5 steps]

THE ISSUE THE PLAYERS

Let’s say you’ve It pays to be politically connected. Local Democratic organizations graduated from have lost much of the patronage they once reaped from govern- 1law school and 2ment, but not from the legal system. (The mayor appoints only passed the bar exam, Criminal Court and Family Court justices, the governor fills the Court of and you aspire to the Claims bench and Civil Court judges are elected via primaries, which bench. A logical goal are influenced, but not decided, by party machines.) Depending on the would be the state borough, the county Democratic organization will largely or entirely con- Supreme Court, which trol who gets the Democratic nominations for the Supreme Court, which has 14-year terms, a are tantamount to winning the election in every borough except Repub- $192,300 salary plus pension, clerks to do much of the grunt work lican-leaning Staten Island. Judges move up to the Supreme Court without and plenty of prestige. It is just two steps below the highest having to win primaries because there aren’t any. Instead, after a screening court in the state, hears high-level criminal cases and civil mat- committee of bar association members determines if you’re qualified, ters exceeding $25,000 and lets justices serve up to six more you’re nominated by delegates at a judicial convention. That sounds apo- years after turning 70—a privilege not afforded to lower-court litical until you learn that these delegates—again, depending on the bor- judges. But to get there, you must navigate the arcane, clubby ough—are nominated by Democratic Party functionaries, typically district and sometimes corrupt world of county politics in the borough leaders. To make it in Brooklyn, for example, lobbying district leaders where you hope to serve. and the county leader is crucial. If the world’s greatest judge is unknown to them, he or she isn’t getting to the Supreme Court. (In the Bronx and Queens, things are even more centralized: The county leader calls the shots.) Democratic leaders say this insider-driven system ensures racial and ethnic diversity on the bench more than primaries would, though WHAT’S NEXT that’s been disputed. Minorities have certainly won Civil Court races.

Getting your judgeship is one thing; keeping it is 5another. Last month, the Manhattan Democratic organization’s screening panel voted 12- If the best YEAH, BUT... 10 against recommending Doris judge ever Ling-Cohan, an Appellate Term Political power is diffuse in Manhattan, so the county Democratic justice who was the first female isn’t known organization there has less control than in the other boroughs over Asian-American Supreme Court to party judicial delegates—the folks who nominate exactly one candidate for judge, for re-election, calling her 3 insiders, he each Supreme Court seat. Smart aspirants become active in their local “lazy” and “slow” in handling her political club rather than woo the county leader. Screening committees were caseload. But activists who revere or she won’t devised to take some politics out of the process and keep hacks off the bench. Ling-Cohan (below) for approving move up to But in addition to being reviewed by a New York City Bar Association com- same-sex couples’ right to marry in the Supreme mittee, prospective judges in Brooklyn and Manhattan go through coun- 2005 called it a political hit. They ty-backed panels that are not always apolitical: Brooklyn Democratic leader rallied on the steps of City Hall, Court Frank Seddio happens to be president of the Brooklyn Bar Association. and the county party’s executive committee put in her name for Manhattan’s judicial convention Sept. 22. Meanwhile, a Brooklyn Democratic Party-backed screening committee deemed Laura Jacobson, a 25-year judge, unfit for re-election. Jacobson, in what SOME BACKSTORY could be a precedent-setting The process can be messy. Take Noach Dear (right), a move, then sued the party for $5 controversial former Brooklyn city councilman who became a million. 4 Civil Court judge and campaigned in 2014 to move up to the Supreme Court. Relentlessly courting Brooklyn Democratic district leaders, Dear was on the verge of a nomination when the party’s reform wing and eventually the county leader came together to shoot him down. Two decades earlier, then-Councilman Dear, as detailed in the Vil- lage Voice and elsewhere, organized a trip to South Africa for what he called an apartheid fact-finding mission, which a whites-only Johannesburg city council actually funded. He also started a nonprofit called Save Soviet Jewry that paid him a $50,000 salary, bought electronics for his house and flew his family around the world. However, Dear tried again in 2015 with a slate of several judges and ascended to the Supreme Court. BUCK ENNIS

8 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P008_CN_20160919.indd 8 9/16/16 3:39 PM AGENDA SMALL BUSINESS

Daughter of Danny Meyer expands home-cooked-meal delivery service Umi Kitchen, started in April, launches in Manhattan BY MATTHEW FLAMM CO-FOUNDERS: Khalil Tawil, he increasing- co-founders made the began building a roster grate Umi’s technology Derek Gottfrid, Hallie Meyer ly crowded deliveries. Last Novem- of Brooklyn cooks, and into Postmates’. food-delivery ber, they raised a seed in February the team Both Brooklyn and tion of families. “In New be next—“in due time,” scene has a round from investors, brought on former Tum- the Upper East Side were Haven we discovered he said. The meals come Tnew player that can turn including BoxGroup, blr engineering vice pres- targeted as the most like- families were our best in three price points: a residential kitchen and moved the company ident Derek Gottfrid as a ly launchpadsT:7.625” because customers,” Tawil said. $12, $14 and $16, plus into a business venture. to Union Square. Meyer third co-founder to inte- of their high concentra- The Upper West Side will $4 for delivery. n Umi Kitchen, which began a pilot service in Brooklyn in April, con- nects home cooks via an iPhone app with New Yorkers yearning for a home-cooked meal. A sort of Airbnb for takeout, Umi debuted Sept. 13 on the East Side of Manhattan, from 116th Street to Houston Street, and from Fifth Avenue to the East River. About 20 cooks working out of their own East Side kitchens are sup- plying the menu, which typically offers four to seven options per night. Door-to-door delivery is provided by Postmates. Chefs are vetted, starting with a lengthy online application. “After that, if they look promising, they go through a tasting,” said Hallie Meyer, Umi Kitchen’s co-found-

er and “head of com- T:9.875” munity,” and the oldest daughter of New York restaurateur Dan- ny Meyer. “Then [the cooks] have to under- go rigorous food-safety training and certifica- tion,” added Meyer, who did most of her family’s cooking before she left for Yale University. The company was the idea of CEO Khalil Tawil. His Lebanese- immigrant mother used to send him vac- uum-packed meals while he was in the Army. (Umi is Arabic for “mother.”) As a Yale Law School student after MAXIMIZING ENERGY EFFICIENCY STARTS WITH GIVING his discharge, he missed home-cooked meals YOUR LIGHTING SYSTEM A TUNE-UP. so much he thought it could be a business. He and Meyer met Outdated technology can have a hidden impact on your bottom line. Con Edison’s Small Business Program can help you last year, when she was a use less energy and save money immediately, all without disrupting your business. We also offer incentives of up to 70% senior, and got to work: of the cost of upgrading to the latest lighting and refrigeration technology. Plus, our experts can even advise you on the Tawil’s mother flew into latest HVAC technologies. Find out more at ManageEnergy.conEd.com/SmallBusiness. Your profit margin will thank you. New Haven from Ari- zona to cook 80 meals

UMI KITCHEN for the trial run, and the

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 9

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Inks Cyan, Magenta, Yellow, Black AGENDA WHO OWNS THE BLOCK

Were fears of gentrification in Inwood overblown? SHERMAN PLAZA Sherman Plaza project would have come to area largely protected from big rent hikes SHOT DOWN

BY TOM ACITELLI

4650 BROADWAY he creation of Sherman Plaza 4672 BROADWAY in Manhattan’s Inwood neigh- Developers Washington Square Part- Investor Robert Farhadian bought the five-story, 68-unit apartment borhood was supposed to ners and Acadia Realty Trust bought the building (with one commercial unit) for $5.47 million in January mark a high point for Mayor two-story, 75,000-square-foot garage here 2005. All the apartments are rent-stabilized. In the fall of 2015, Pub- for $18.25 million in April 2005. The inten- TBill de Blasio’s affordable-housing plan. lic Advocate Letitia James named Farhadian to a list of the 100 worst tion was to win a zoning change allowing landlords in New York City, based upon open housing violations and But neighbors in nearby rent- them to replace the garage with a 15-story complaints. Farhadian did not respond to requests for comment. stabilized buildings, fearing an residential tower that included affordable influx of market-rate-paying gen- housing. The City Council rejected the re- zoning in August. The developers are now trifiers, killed plans to build the 15- planning a smaller, 14-story tower with story, 355-apartment building at 4650 only market-rate apartments. 20 SHERMAN AVE. Broadway, even though at least 20% Barberry Rose Management, based of the apartments were to be set aside in Woodmere, Long Island, and run by as affordable. President Lewis Barbanel, bought the A look at the surrounding buildings, six-story, 41-unit apartment building however, reveals a neighborhood that is 1 SHERMAN AVE. AND (with one commercial unit) for 97 ELLWOOD ST. $6.1 million in March 2014. All but fairly impervious to rapid upticks in rent. three of the units are rent-stabilized. That’s because most of the apartments are The Bluestone Group, a Manhat- among the 61% of the city’s 2.2 million tan investment firm started by Eli Tabak and Marc Mendelsohn, rentals that are rent-stabilized. bought these two buildings for 82 AND 72 ELLWOOD ST. Those protections did not calm fears $7 million in September 2012. that the Sherman Plaza development was The purchase followed a foreclo- An LLC controlled by Manhattan property investor sure by lender Fidelity National. John Schroeder bought the two five-story, 30-unit going to gentrify the neighborhood. In There is a $9 million mortgage apartment buildings for $2.01 million each in May August, local City Councilman Ydanis on the properties, taken out in 2009. All the apartments are rent-stabilized. Rodriguez, after helping to broker a deal November 2013. The five-story 1 Sherman has 56 apartments with developers that would have creat- and six commercial units. All the ed more affordable housing in the com- apartments are rent-stabilized. plex than required under the mayor’s The five-story 97 Ellwood has 49 apartments, all rent-stabilized. affordable-housing plan, reversed course and announced his opposition. The council a day later unanimously nixed the zoning 60 ELLWOOD ST. changes the plan needed. Coney Realty Co., a privately held The midsize apartment buildings around Sher- investment firm controlled by Peter man Avenue, whose units are largely rent-stabi- Rebenwurzel, bought the five-sto- 90 ELLWOOD ST. ry, 38-unit building for $4.95 mil- lized, are the kind of low-value propositions that lion in August 2014. All the units investors shy away from, given the difficulty of Alma Realty, a private landlord and devel- are rent-stabilized. The property is turning units into market-rate housing. That may oper based in Long Island City, Queens, reportedly one of more than 100 that Rebenwurzel’s firm owns citywide. explain why so few owners in the area have sold bought the five-story, 61-unit apartment building for $6.29 million in January their properties in the past couple of years. 2013. All but six of the units are rent- Developers Washington Square Partners and stabilized. Acadia Realty Trust still intend to build on the site they bought for $18.25 million. Except now, they can construct a building one story shorter than the design the council rejected, with considerably fewer apartments—none of which will be required to be set aside for lower-income New Yorkers. n OASIS.NET

10 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P010_CN_20160919.indd 10 9/16/16 4:04 PM REAL ESTATE

Brooklyn’s own Battery Park City—only bigger

Engineering firm floats idea to remake Red Hook BY DANIEL GEIGER WATERFRONT GROWTH: The proposal envisions ngineering able housing. Approxi- tainer Terminal, which southern edge 45,000 apartments firm AECOM mately a dozen towers is owned by the Port of the neighbor- last week put would sit on multiple Authority; a similar-size hood overlook- forth an idea sites: two adjacent wa- adjacent parcel of city- ing Gowanus Development at the lat- dents and local officials Eto transform a huge terfront compounds; the owned waterfront along Bay, and unused land at ter could fund improve- have rejected similar swath of the Red Hook, 80-acre Red Hook Con- Columbia Street; the the Red Hook Houses. ments there, but resi- proposals in the past. n Brooklyn, waterfront into a residential neighborhood with 45,000 units of housing, a subway line, acres of park- land and waterfront protections. AECOM envisions building new residential towers on sites owned by the Port Authority of New York and New Jersey and by the city, and using money from the sale or long-term Bridge the gap lease of the land, as well as taxes from its development, to help pay for between competitive pricing upgrading the neighborhood's infrastructure. and the stability you need. The framework includes extending the No. 1 train from lower Manhattan via a new It’s time to switch to Oxford. tunnel under New York Harbor and creating three new subway stations: one at Atlantic Basin next to the con- tainer terminal, another at the Red Hook Houses public-housing complex and a third that would connect to the F and G subway lines at Fourth Avenue. The upgrades could cost $3 billion. A bigger development would yield more real estate tax revenue to pay for the transit upgrades. If the idea comes With Oxford, you get the choices you’re looking for—with health plans you’ll prefer, prices you’ll to fruition, a new resi- like and the peace of mind that comes from working with a market leader. And now your business dential neighborhood can take advantage of new lower rates on many Oxford plans across all three of our networks. almost double the size of Explore Oxford and experience the advantages of working with a local carrier that has spent Battery Park City would the last 30 years serving businesses like yours. be created. “As the city expects another million residents in the next de- New, lower-cost cade, where will they all Freedom Network Liberty Network live?” said Chris Ward, a Metro Network senior vice president at AECOM and a former executive director of the Port Authority. “This is Find out why more businesses are switching to Oxford. a canvas where we can It’s time create tens of thousands to switch. Call your broker or visit uhc.com/OxfordNY today. of housing units without pushing people to the periphery of the city.” The plan calls for 1059735.0 8/16 Oxford insurance products are underwritten by Oxford Health Insurance, Inc. setting aside 25% of the Oxford Health Plans LLC. All rights reserved. 16-2438 NY-16-407

AECOM apartments for afford-

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 11

P011_CN_20160919.indd 11 9/16/16 3:43 PM AGENDA VIEWPOINTS

Clouds loom for city’s tech stars

Dreams of instant riches give way to an uncertain future TAKING STOCK

Two jump; one languishes A YEAR AGO, the tech firms are publicly held (un- while others just spend their mon- Stock Price Yr Chng Peak Brooklyn dar- less you think AOL’s and Yahoo’s ey and boost the local economy. Shutterstock $60.84 87% $99.38 ling of the crafts owner Verizon should count—I l Selling as a way to cash out. Etsy $13.63 60% $31 world seemed don’t). Like Etsy, the online pho- Without IPOs, selling is the ma- OnDeck $6.02 -38% $27 headed for big to company Shutterstock is doing jor exit strategy, employed recent- trouble. Etsy’s better these days, but the lending ly by five venture capital-backed SELLING SEEMS THE BEST STRATEGY stock was plung- firm OnDeck remains local companies. What’s 2016 acquisitions of VC-backed companies ing—it would mired near its all-time notable here is the relatively Tapad $360M GREG DAVID fall to $6 a share low, as investors have de- low valuations. Acquisition from its first-day cided its business model costs have come down a lot Complex Media $250+M close of $30—and Amazon had is too risky. since the heady days when Gilt Groupe $250M 0TECH IPOs decided to jump into its business. l Dearth of IPOs. Yahoo bought Tumblr for in first six Yodle $240M Some people thought the compa- Not a single New York $1.1 billion. Of course, Ya- months NOTE: StickyADS.tv was also acquired, ny was doomed. firm went public in the hoo has written off much of of 2016 but no sale price was released. Today, Etsy is doing better and first six months of the the purchase price, which its stock is back up to $14. But an- year, according to CB has certainly tarnished other HOPES REST ON THE UNICORN alysts remain lukewarm and the Insights. In general, the number tech upstarts here. NYC venture-based companies worth $1 billion+ l Betting on the unicorns. share price is still 60% below the of New York tech IPOs in this cy- WeWork $16B peak it reached during its initial cle can be counted on one or two At least New York remains Vice Media $4B trading day. hands. This is the great Achilles’ stocked with unicorns—startups Oscar Health $2.7B Etsy is symbolic of the state of heel of the local tech scene. Sil- that claim to be valued at more Blue Apron $2B New York City’s tech scene—or at icon Valley thrives because its than $1 billion. If these companies Zocdoc $1.8B least its most visible companies— startups go public and give its in- eventually go public successfully, MongoDB $1.6B in that there’s good news, but not vestors huge returns, making top the city will have taken a big step BuzzFeed $1.5B all of the news is good. Here’s what executives rich and other workers toward being like Silicon Valley. n AppNexus $1.4B SOURCE: to watch: wealthier than they could have CBInsights, Compass $1B Crain’s research l Public company ups and downs. ever expected. Some of these peo- GREG DAVID blogs regularly at Only three major New York ple then start new companies, CrainsNewYork.com.

City should buy more foreclosures to save neighborhoods at risk

New program keeps residents in their homes, protects local property values BY DANIEL GARODNICK, I. DANEEK MILLER AND DONOVAN RICHARDS

ith nearly 30,000 pend- a year in unpaid property taxes. tion, they restructure notes with sky- Bronx. Outreach to these homeowners ing foreclosure cases in As chairman of the Committee on high payments, rendering them wildly is taking place, and we will be closely New York City last year, Economic Development and represen- out of reach for a middle-class family. tracking the results of this initial effort. this crisis has lingered tatives of southeast Queens in the City This cycle continues and the foreclo- Make no mistake: We do not claim to wellW past the 2008 crash. One borough Council, we refused to sit idle while fore- sure crisis is perpetuated. have cured all the ills of the foreclosure has faced the brunt of it: Queens. Fore- closure devastated New York City fami- The Community Restoration Pro- crisis. But with this step, we can show closure rates there have jumped by 43% lies and local economies. That’s why we gram transforms the playbook for how nimble, effective government can this year alone. Many of the foreclosures asked for the city last year to take advan- homes in foreclosure. Its goal is to help tamp down the greed of big banks and are in the southeast neighborhoods of the tage of a promising new program that owners keep their homes whenever reshape the relationship among lenders, borough, such as Jamaica and St. Albans. lets municipalities buy foreclosed notes possible. When New York City pur- families, housing and the city. State law on settlement conferences themselves, to protect the inter- chases distressed notes, it has New York City needs to build on has been reformed to ensure that home- est of homeowners and cities. the ability to work with local this promising first step, and other owners are treated more fairly and have With a big assist from Sen. nonprofits that can offer hous- municipalities must follow our lead. better access to loan modifications, but Charles Schumer in Washing- ing counseling and help affect- The federal government must also act the changes have fallen short of expec- ton and the city’s Department ed families determine realistic to halt future note sales unless they 24DISTRESSED tations. Many New Yorkers still struggle of Housing Preservation and terms for a restructured mort- are first offered to nonprofits and local to refinance their mortgages. Banks and Development, New York this loans bought gage. If the new terms are unten- governments, through initiatives like hedge funds purchase these distressed summer became one of the first this summer able, the city can even convert the Community Restoration Program. notes at auction and take actions that do cities in the country to purchase by the city the property into a rental unit Government at all levels must protect unnecessary harm to the people who live distressed home loans direct- for the family. If a homeown- homeowners, not enable the profiteer- in the homes. They “lose” paperwork, re- ly from the federal government. Our er gives up his or her mortgage, local ing from their struggles. As our pro- fuse to attend arbitration hearings and in Community Restoration Program— organizations can identify individuals gram grows, we believe it will prove to some cases don’t even speak to the fami- seeded with an allocation we made in who can take over the note, become be an invaluable tool in our never-end- lies begging them to refinance. the city budget, plus bank settlements property owners and move into the ing fight for stable communities, thriv- The ramifications of a foreclosure go and mission-driven capital—should home. This prevents vacancy and blight ing families and affordable housing far beyond just one house and one fami- serve as a model for municipalities and promotes housing staying in the throughout the five boroughs.n ly. Vacant homes bring blight and crime across the country. hands of community members. to neighborhoods, entire communities Ordinarily, foreclosed loans are auc- This summer, New York City pur- Daniel Garodnick, D-Manhattan, are destabilized and property values go tioned to the highest bidder, most often chased 24 distressed mortgages en- I. Daneek Miller, D-Queens, and down. Pre-foreclosed real estate also hedge funds and other financial insti- compassing 41 residential units across Donovan Richards, D-Queens, are costs New York City roughly $84 million tutions. Motivated by profit maximiza- Queens, Brooklyn, Staten Island and the members of the City Council.

12 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P012_CN_20160919.indd 12 9/16/16 3:46 PM T:10.25”

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Job One Talk Media Type Newspaper Bleed None Printed at None Approvals Acct Mgr Round Art Director Production Client Verizon Publication Memphis BJl, New Orleans Trim 10.25” x 14” Saved at 8-16-2016 2:47 PM Copywriter PM Agency McCann By Accenture CR City Business Live None Proofreader Client B Insertion Date 8/19 NOTES: None | FONTS: Helvetica Neue LT Std (47 Light Condensed), Neue Haas Grotesk Display Std (75 Bold, 55 Roman, 65 Medium) | IMAGES: CNY_MCN_160803_A1_GettyImages_508066793-5_CMYK.tif (CMYK; 525 ppi), Verizon_Bet- ter_Matters_Lockup_CMYK_P.eps AGENDA THE LIST NY AREA’S LARGEST NONPROFITS Ranked by 2015 total operating expenses

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14 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P014_P015_CN_20160919.indd 14 9/16/16 1:52 PM

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SEPTEMBER 19, 2016 | CRAIN’S NEW YORK BUSINESS | 15

P014_P015_CN_20160919.indd 15 9/16/16 1:53 PM P016_P017_P018_P019_CN_20160919.indd 16 GOVERNMENT REAL ESTATE BRYANT PARK CORP., BUCK ENNIS 16 |

CRAIN’S NEWYORKBUSINESS CRIME-RIDDEN CITY. YET, WITHORDER WERE CREATED TORESCUEADIRTY, BUSINESS IMPROVEMENTDISTRICTS THEY HAVE GROWNTOOPOWERFUL LONG SINCERESTORED,SOMESAY |

BIG BIDNESS SHADOW SHADOW BY AARON ELSTEIN

S e pt e m ber 19,2016

I risks of privatizing public spaces. highlighting rewards the while and services essary ing questions about city’s the ability to provide- nec landlord-controlled shadow governments are rais- to create a welcoming street environment. But these as planting orshrubs hiring musicians in an effort city the can’tinclude services or won’t pay for, such BIDs has grown beyond sanitation to and security 85,000 businesses. years, the Over mission the of city,the some which now 72 BIDs boasts serving result Bryant Park today: is agem.” vatize apark,” Biederman “But recalled. at look the was rocket no because one science wanted to pri- decades. city’sthe sketchiest neighborhoods over ensuing the districts—BIDs—that would help revitalize some of blueprintthe for of business aseries improvement Bryant Park Restoration Corp. wasproviding born, help rekindle of asense law and order. In 1980,the ing private funds to clean and restore park the and ers to control take of neighborhoodby their - pool business- lead of midtown a groupsuaded Biederman per two from three, was reduced to itation trucks workers on san - numberthe of ing hired and ficers werebe- of police new - York City couldn’t afford to maintain parks,its no Biederman saw an opportunity. At New when atime entirely. park the closing suggested chairman board acommunity employees out,and to stay their warned vice.” Businesses and of crime pool BIDs have become big also businesses intheir Biederman's brainchild has since spread over all “Getting leadersto off political sign the on BID In dystopia, this an entrepreneur named Dan sion. sion. posses 52 and for drug for muggings arrests saw43 of thepark 1976, half first the just In Park. Bryant foot in set dare New 1970s, late Yorkers most n the wouldn’t The -

called it “a York cess New called Times “BIDS HELPSMALLBUSINESSES ADVANCING THEINTERESTS OF THEIR FUNDAMENTAL ROLEIS WHEN ITSUITSTHEM.BUT THEN: clear of Bryant Park. clear ofBryant New Yorkers steered PROPERTY OWNERS.” In1984, most - - let landlords rent 110,000square feet of designated de Blasio administration to council the persuade to ance for Downtown New York teamed up with the any BID happened earlier year, this - Alli the when pressing to rein instreet vendors. donation bins that oncestreets and riddled now are citythe to crack down on fraudulent the clothing- cornered plaza. ofBIDslobbied pedestrian also the andElmo other street performers into a designat- legislation adopted earlier year this that corralled Alliance was driving the force City behind Council Departmentthe of City Planning. The SquareTimes BID, with $17million inannual revenue, now heads Alliance for Downtown New York, nation’s the largest Hall. Carl Weisbrod, founding the president of the Power brokers tive director of Bedford-Stuyvesant the BID and co- safe and marketed,” said Michael- execu Lambert, during holiday seasons. “We keep area the clean, government and decorate services shopping districts promote as liaisons member businesses, to serve million city’s the BIDs spendeachyear.also They andwalks gutters accounts for only 25%of $130 the for entire the running city. Clearinglitter from side- nearly three what times Mayor deBlasio Bill earns BIDsrun around Bryant Park and West Street, 34th own right—Biederman is paid $586,000ayear to erty owners.”erty fundamental role is advancing interests the of prop- help businesses small it when suits But them. their Columbia University. “Make no mistake, BIDs may Adler, an adjunct professor of urban planning at every year. every people visitthepark NOW: Perhaps most the noteworthy accomplishment by Big BIDS are increasingly influential players at City Some 6 million Some6million

said Moshe for landlords,” cartels are “They about them. do complaints and scope,so grow insize tion. BID Associa- New York City chairman of the But as BIDs

9/16/16 3:54 PM

BUCK ENNIS nization via assessments on their properties, typ- Services Right to Your Doorstep,” reads the sign for ically a few hundred dollars per month depending the van’s Bronx-based owner, the Dearie Law Firm. on square footage and sidewalk frontage. Usually Occasionally, the firm gets a call from an irate BID these expenses are passed on to commercial tenants director demanding that the van stop blocking traf- through higher rents. By law, BID boards are con- fic or hogging parking spaces. “Sometimes I look in trolled by landlords, which doesn’t sit well with some the mirror and say, ‘Who’s the bastard who thought business owners. “In a country that was founded by up BIDs?’” said the firm’s founder, John Dearie. a revolution against taxation without representation, The mirror is a good place to look: Dearie, as a it’s clear this is a huge issue,” Alex Duffy, founder of a state assemblyman in the early 1980s, sponsored nonprofit theater in Brooklyn, said at a City Council legislation pushing for more BIDs in New York City. hearing last year. But the concept first arose among city planners in the There is also evidence that BIDs hurt some re- 1970s. As people fled to the suburbs and urban tax tailers. A study published in the Journal of Planning bases collapsed, New York didn’t have enough mon- Education and Research in 2014 showed that sales ey to fund public services such as sanitation and se- and employment at shops within New York City curity. The idea was to create a dedicated stream of BIDs fared worse than at those outside the districts. privately generated revenue to provide public sani- The study’s author, Stacey Sutton, a professor at the tation services by taxing the businesses that would University of Illinois at Chicago, said it could be benefit most. After Dearie’s bill was signed into law that BIDs help make neighborhoods more desirable, by Gov. Hugh Carey in 1981, BIDs popped up in which attracts new shops and puts pressure on exist- Union Square and Times Square and around Grand ing merchants to compete. Central Terminal, then fanned out across the city. Yet BIDs continue to proliferate throughout the By the mid-1990s, once-derelict neighborhoods boroughs. Some 25 are currently being created or like Bryant Park and Times Square became safe pub- expanded, and the city plans to double the number lic spaces again and BIDs emerged as a political and of full-time staffers who oversee them. Mayor de economic force. To fund expansion projects, Bieder- Blasio lauded BIDs last February when he signed a man—who converted the Bryant Park Restoration bill expanding several of them. “It will mean more Corp. into a BID in 1988—issued tax-exempt bonds, and better services locally, clean and inviting streets, just the way a municipality would, and hired Gold- initiatives that help our small businesses to attract man Sachs and JPMorgan to line up institutional in- more customers,” he said. vestors. But Mayor Rudy Giuliani, worried that BIDs One would hardly know from his sunny endorse- could undermine his political power, knocked them ment that the growth of BIDs is unleashing fierce down a peg by leaking stories that employees of the public space to commercial retailers. Jerold Kayden, power struggles across the city. Fistfights broke out Grand Central BID were roughing up homeless a Harvard professor of urban planning and design, at a Chinatown meeting a few years ago when local people. An investigation was launched by the U.S. estimated the move boosted the value of the rezoned landlords voted to create a BID. The latest battle- Department of Housing and Urban Development, properties by as much as $77 million, a windfall for front is in Jackson Heights, where some merchants which provided grants to the BID. “We are not in their owners—including Brookfield Asset Manage- are trying to stop political and business leaders from the business of subsidizing thuggery,” said HUD’s ment and RXR Realty—which are, of course, Alli- creating the largest BID in the city. “This is where assistant secretary at the time, Andrew Cuomo. ance members. we make a stand,” said Tania Mattos, who is part of Mayor Michael Bloomberg, however, was more What remains unclear, however, is how BIDs’ a group called Queens Neighborhoods United. “The hospitable to BIDs and encouraged neighborhoods expanding influence jibes with their original man- spread of BIDs has to stop here and now.” to form them. His administration preferred BIDs to dates. “The big BIDs have achieved their mission of merchants associations and chambers of commerce cleaning up their areas,” said Rachel Meltzer, an ur- Lighting the way because membership wasn’t voluntary, ensuring ban policy professor at the New School. “They are Almost every day, a group of lawyers piles into steady funding. “The lights are always on at a BID,” now trying to figure out new ways to be useful.” a van and trolls the streets of New York, collecting said Bed-Stuy’s Lambert. Before the City Council approves a new BID, testimony from people injured in accidents, exposed While BIDs in Times Square and around Grand landlords must agree to perpetually fund the orga- to asbestos or otherwise wronged. “Driving Legal CONTINUED ON PAGE 18

FOUNDING FATHER: Biederman’s brainchild helped spur the growth of BIDs. BUCK ENNIS

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 17

P016_P017_P018_P019_CN_20160919.indd 17 9/16/16 3:54 PM REAL ESTATE | BIG BIDNESS

EXPANDING INFLUENCE because I thought it would help take the neighborhood to the next level,” Braithwaite said. “Maybe I was naive.” THROW A ROCK: Con Edison and More battle lines other big landlords started the city’s first official BID around As she approached the corner of Junction Bou- Union Square in 1984. By 2003, levard and Roosevelt Avenue in Jackson Heights, 44 more had been established. Leslie Ramos saw an overflowing trash can. It’s a Today, that number stands at common sight in this part of Queens. “I take offense 72, with plans to add or expand 25 more. to the idea that immigrant and working-class communities can’t be beautiful,” said Ramos, who was raised in Williamsburg by Puerto Rican parents. Messy waste bins are just one sign of how the economic revival that has transformed neighborhoods all over the city has bypassed Jackson Heights, where a higher percentage of the population lives in poverty than a decade ago. While crime overall has declined in line with city figures, there were more rapes and felony assaults in Jackson Heights last year than in 2001. There’s not much Ramos, a former city housing official, can do about crime. But she has a pre- scription for the neighborhood’s garbage problem: make the three-block-long BID she runs in Jackson Heights the city’s largest. If area landlords agree to expand it from 82nd Street two miles east to 114th Street, the BID would clean up garbage, plant trees, fix park benches and help make the stretch under- neath the No. 7 train more appealing. Such improvements, Ramos says, would attract new investment and help Jackson Heights capture its share of the city’s rising fortunes. Her vision for Roosevelt Avenue can be seen on Central have budgets over $12 million, large staffs ship for minority and female business owners, and 82nd Street, near her BID’s headquarters. The cor- and public-relations firms on retainer, Bed-Stuy is Braithwaite argues that by nudging them out, the ridor is free of garbage, sidewalks are lined with typical of younger, outer-borough BIDs, with its an- BID is hurting the people who deserve to thrive flowerpots and there’s barely a vacant storefront. nual budget of just $700,000. About a third of that during the neighborhood’s renaissance. Community Independent businesses like the $5 Shoe Warehouse goes for sweeping up trash, removing graffiti and support is all the more necessary as national chains share the street with Bank of America and Chase painting street fixtures. (BIDs pay their cleanup move in, brownstones fetch millions and commer- branches and numerous chains including Banana crews about a third of what the city pays sanitation cial rents soar. Those economics have translated Republic, the Children’s Place, Duane Reade, Gap workers and often hire workers from places like the into nearly one empty storefront for every five along and GNC. “It shouldn’t only be white communities Doe Fund, a nonprofit that provides jobs and shel- Fulton Street—more than triple the vacancy rate that have amenities,” Ramos said. ter to the homeless.) The BID also installed 24 video Lambert advocates. “I fought hard to create the BID But not everyone is so impressed. Tania Mattos cameras along the Fulton Street business corridor, providing footage to aid the police in solving crimes and help merchants dispute fines when someone dumps garbage in front of their shops. Groupthink In many ways, the BID has been quite useful for the Bed-Stuy business community, said Joyce Turn- er, the BID’s chairman, who also runs a real estate brokerage and tax-preparation firm. When she and a neighboring pizza restaurant were having trouble with their electricity, the BID got in touch with Con Edison to help resolve the issue. When the eatery was not given sufficient time to address Department of Health violations, the BID prevailed upon the agency to lay off for a while. “If you have something to say, it’s easier to say it as part of a group,” said Turner. Yet while the BID can play the role of advocate, it can also have considerable power in influencing which businesses stick around and which don’t. It plays out like this: Lambert thinks the eastern half of the Bed-Stuy BID is “a bit flush” with hair and nail salons, and he’d like to see more variety in stores and services. His organization tracks how often locals leave the district to shop and shares that data with property owners. “Maybe the next time you have a vacancy you’ll consider that,” Lambert tells landlords. That practice doesn’t sit well with Edmon BIGGER IS BETTER: Ramos wants to make her Jackson Braithwaite, who owns Nostrand Wines & Liquors Heights BID the city’s largest. and led the move to form the Bed-Stuy BID seven years ago. The salons that Lambert finds too abun- BUCK ENNIS dant are a major entry point into entrepreneur- BUCK ENNIS

18 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P016_P017_P018_P019_CN_20160919.indd 18 9/16/16 3:55 PM such merchant is Leni Juca, who runs Oxium Copy & Print Center on Roosevelt Avenue. “BIDs see where minorities are improving things on their own and they say, ‘OK, let’s go in there.’ And then rent goes up, people have to move out. “I’m like anyone else,” Juca went on. “I love New York because you can get on the subway and go to an Indian restaurant, a Chinese neighborhood or anywhere else you can imagine. That’s what people like about New York, and that’s what we have here. Why not protect this?” That local resistance makes it unlikely that the city will approve the bigger BID anytime soon. While the law says approval by 51% of landlords is all that’s required to create or expand a BID, officials like to see broader backing before signing off. “We don’t want to help create BIDs that aren’t strong, because we’ll be overseeing them in perpetuity,” said Michael Blaise Backer, deputy commissioner of BIDs at the Department of Small Business Services. FURTHER REVIEW: Braithwaite “We want to see broad-based support.” thought the Bed-Stuy BID would boost local businesses. “Maybe I Ramos, who became leader of the Jackson was naive.” Heights BID in 2014, is trying to convince a skepti- cal community that the benefits are worth the cost. She reckons assessments will only be about $270 annually per business. “That’s the equivalent of three garbage violations,” she said. “And most businesses get more than three.” She’s expanded her steering looks at the same scene with revulsion. “It used to local business owners, not landlords, would call the committee and is lining up grants so shopkeepers be Calle Colombia,” she said, referring to the street’s shots. “Do we really need those who say they know can get free training on how to make their awnings Latino character. “Now it’s Calle Corporate.” better dictating our neighborhood’s future?” she and windows more attractive. For more than three years, Mattos has been lead- said. “It can be such a setback for immigrants when ing the fight against expanding the BID, which she So far, Mattos has fended off the expansion by their business fails because they don’t have many sees as a Trojan horse for gentrification that will mobilizing opposition from about 200 business resources to fall back on,” Ramos said. “Being an ad- force out longtime residents and business owners. owners, a healthy chunk of the nearly 1,000 com- vocate is in my blood. I think they will understand She would prefer a merchants association, where mercial tenants who would be in the new BID. One that. Eventually.” n “DO WE REALLY NEED THOSE WHO SAY THEY KNOW BETTER DICTATING OUR NEIGHBORHOOD’S FUTURE?” Retail Space Available 1010 Southern Blvd, Bronx 10459 Prime location with multiple national businesses. Previously a bank. 6,000 sq. ft. 4,000 sq. ft. on street level and 2,000 sq. ft. on the lower level designed for the general public. Store front 40 ft. wide by 100 ft. A/C, heating, full electrical service, sprinkler, second means of egress, bank walk-in vault, employee lunchroom. Mo. Rent $30,000

Principals only Zale Management Corp./Landlord ENOUGH ALREADY: Mattos has rallied merchants like baker Sergio Ruiz to block the BID’s expansion. 845-216-9555 • [email protected] BUCK ENNIS

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 19

P016_P017_P018_P019_CN_20160919.indd 19 9/16/16 3:56 PM P020_CN_20160919.indd 20 SMALL BUSINESS 20 |

CRAIN’S NEWYORKBUSINESS James McGown’s criticsmaybethrilledby THE END his seventhtripintobankruptcyinseven

| ERROR? years, buttheserialentrepreneur

THE BANKRUPTCYBARON says he’llcomeroaring back OF AN BY AARON ELSTEIN

S e pt e m ber 19,2016

T dollar for loans the granted they him. “I’ll have no havewhich agreed to accept about 65 cents on the enough for himto pay creditors, largest the of forHe his sell properties more will expects than least.” ident and blogger. guy is slippery, “The sayto the ates here,” said Katia Kelly, aCarroll Gardens res- he no longer oper relievedbe to know will neighborhood nearby buildings. someto other sell reached agreements Gown has already Mcruptcy Court. - of U.S. the - Bank under auspices the side auctions held Gowanus apartment buildings,of street- inaseries property, along with aCarroll Gardens bar and two mantled. He forced be Hook will Red the to sell itors, McGown his real estate see will empire dis - write abook.” read,headline “So many Chapter 11s,he could “Bankruptcythe Baron” in a 2013 article whose many so bankruptcy that times Crain’s by James McGown, alandlord has who for filed McGown insists is this not end the of road. the “Many inthe But now, after yearsto fend trying of off - cred demise as well as his potential salvation. salvation. potential his as well as demise entrepreneur’s notorious one of symbol a both Hook Red is Van in St. 300 Brunt at walk-up four-story he abandoned It is among last the properties owned - collapses.” to “rebuildwhenthemarket must sellhisassetsbutvows WHY WORRY? “I’LL HAVE NODEBTWHEN WHO BUILDSOMETHING MCGOWN SAID.“GUYS ONCE THIS ISALLDONE,” James McGown JamesMcGown called him called DO ITAGAIN” lation pouring out of ceilings. the wires dangling brick and from walls insu exposed - sters. There are holesall overthe hardwood floors, before it becomes home to some well-heeled hip- as a“sexnewspapers described cave.” owned aTriBeCa basement condo that tabloid Brooklyn Buschenschank.called He even once music flow outthewindows open at a pub he owns gered Carroll Gardens residents by letting loud deposits inMcGown’ssecurity buildings. He an- deplorable building conditions and unreturned view. “Guys build who something once doit again.” debt done,” is this all when he said inaphone inter only way to enter is through ahole on side. the ordered it vacated due problems. to structural The emptyhas been since at city the least 2010,when couldn’t afford to fix. Thebuilding at557 Union denly was holding fixer-upper apartmentsthat he brakesthe on writing mortgages, McGown sud- tions, 2008crisishit the when and slammed banks on makeactually good his ever-growing obliga- About that he time acquired afour-family building his bills. pressedhe was so for cash that he couldn’t pay ably bigger than his liabilities, McGown claimed in debts. Even though his assetswere consider $22 million.filing The also showedmillion $13 in Harlem and Long Island, he which valued at listed 10properties, mainly inBrooklyn but also Brooklyn Renaissance. In his petition, McGown in July 2015and involved his real estate company, Brooklyn in2011. Pizza filed ter he bought it. McGown’s Manhattan-based South Bar inPark Slopefor filed bankruptcy four years af- end of St. Patrick’s DayCherry in2013.The Tree est watering hole until place the shut down at the roll Gardens barsports reported city’s the to be old- since 2009.seven more of inashorter them amount of at time: least lars indebt. other Onthe hand, McGown has filed that had accumulated hundreds of millions of dol- pastcies inthe 25years mainly involved casinos Donald Trump’s, for example, sixbankrupt- whose involves lots of borrowed money. inreal estate,pecially abusiness that typically Bankruptcy-law recidivists are nothing new, es- allowing himtowhile buy with time creditors. have helped himduck his financial obligations not like we’re going hanging to be around.” at 9:30,” broker Joshua Olshin told crowd.the “It’s ing.auction “The is so at 10 a.m., you should come on arecent Friday morning to examine build the - $1.8 million, and sixpotential bidders showed up at auction has 20.One already Sept. party offered are interested property, inthe issold which to be since2009 Seven bankruptcies The Red TheRed Hook building alot needs of work For years, people have complained about McGown beganbuying inBrooklyn in1999. His latest sojourn court started inbankruptcy His list of failures includes P.J. Hanley’s, aCar McGown’s bankruptcies aren’t of on scale the McGown’s repeated trips to court bankruptcy But even in its decrepit state, dozens of investors

whether he couldwhether jobassessinga poor lenders didBecause ing to court records. $2.2 million, accord- amortgageries of property now car buildings, and the help buy additional nanced loan the to $399,200. He refi- at 557 Union St. for - - - -

9/16/16 1:55 PM

PROPERTYSHARK.COM FOR SALE: THE BANKRUPTCY BARON’S ASSETS GO TO AUCTION

320 Court St. 557 Union St. 65 Fourth Ave.

194 S. 2ND ST. 557 UNION ST. 555 UNION ST. Year acquired: 1999 Year acquired: 2001 Year acquired: 2006 Purchase price: $299,700 Purchase price: $399,200 Purchase price: $715,000 Debt on property: $1.2 million Debt on property: $1.4 million Debt on property: $900,000 Proposed sale price: $2.65 million Proposed sale price: $1.9 million Proposed sale price: $1.75 million 84 CLINTON AVE., Brooklyn 320 COURT ST. (Brooklyn 63 FOURTH AVE. Year acquired: 2000 Buschenschank) Year acquired: 2007 Purchase price: $360,000 Year acquired: 2005 Purchase price: $397,500 Debt on the property: $1.8 million Purchase price: $2 million Debt on property: $2.25 million Proposed sale price: $2.5 million Debt on the property: $2.75 million Proposed sale price: $6.3 million for 63 Proposed sale price: $6 million and 65 Fourth Ave. 65 FOURTH AVE. (Cherry Tree) Year acquired: 2000 300 VAN BRUNT ST. Purchase price: $276,000 Year acquired: 2005 Debt on property: $775,000 Purchase price: $300,000 Debt on property: $2.1 million Proposed sale price: $6.3 million for 63 Sources: U.S. Bankruptcy Court records, and 65 Fourth Ave. Proposed sale price: $1.8 million New York City Department of Finance

Last year, McGown tried to dig out of his financial hole by selling 13 of his buildings but couldn’t get the prices he wanted. Earlier this year, he lost control of his real estate company when a bankruptcy judge approved the appointment of a firm called Auction Advisors to dispose of its holdings. Such an outcome sounds like a resounding defeat, yet McGown could emerge victorious—or, at least, not finished. That’s because the hot Brooklyn real estate market might mean McGown’s properties sell for enough to pay off his debts and leave him enough cash to start again. "We see that a lot," said Olshin, an Auction Advisors managing partner. For instance, McGown acquired the building that houses Brook- lyn Buschenschank in 2005 for $2 million, according to court records. Already one party has offered $6 million for the property, which today carries $2 million worth of unpaid mortgages plus a lien for $750,000 in unpaid city taxes. In all, five of McGown’s Brooklyn properties have already drawn a total of $14 million worth of offers or sales, according to court records, which is $1 million more than his company's debts. Even higher bids may surface at the auctions that will be held in front of McGown’s properties. While vulture investors prepare to feast on his failed real estate empire's remains, McGown said the seeds of his comeback lie with some unidentified properties that he still owns and that weren’t included in his latest bankruptcy. It may be an expensive time to buy real estate, but frenzies don’t last forever, as McGown learned the hard way nearly a decade ago. “I’ll rebuild when the market collapses,” he prom- ised. The banks will have to decide whether lending to the bankruptcy baron is worth the risk. “How many bankruptcies can you declare before someone de-

PROPERTYSHARK.COM cides, enough?” Kelly asked. n

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 21

P020_CN_20160919.indd 21 9/16/16 1:55 PM Highbrow-Lowbrow Event OFF-SITE The Fusion of Extravagance and Economy SUCCESS events | expos | entertainment Millennial Inﬂ uence on Corporate Events

One of the hottest topics in cor- more spontaneous, participatory and organic porate meetings and events is the process. The campfi re format is also an excel- lent opportunity for networking and building impact the millennial generation, new connections. today’s largest segment of the U.S. workforce, is having on business. Additionally, pre-function spaces are fast becoming an important adjunct to sched- Study after study confi rms that uled meetings because they allow attend- millennials learn and network dif- ees a relaxed area to come and go as they ferently than previous generations. please during a meeting or convention. The more informal settings encourage more Event planners need to implement casual and spontaneous conversation. next generation meeting design and event technologies in order to cap- Apps like MeetingMatch, where attendees can fi nd people with similar interests, are ture the interest and attendance of becoming popular meetings tools, too. this valuable but demanding group. HIGHLY VISUAL – another way to connect Here are a few insights culled from with millennials at meetings and events is travel-industry intelligence provider Skift’s with a program that is highly visual and 2015 report on “What Millennials Want in interactive. Video savvy millennials, coming Meetings,” and the Professional Convention of age in an online world of TED Talks, Great Management Association (PCMA): Courses and Khan Academy, expect highly engaging edu-tainment (entertainment with HIGH TECH – Millennials grew up in a an education aspect). With visual learning internet-connected world and expect the as their norm, educational programming latest in technology, including high-speed should provide this group with visual, audi- Wi-Fi, hybrid meetings (tethered and on- tory and participatory learning experiences. line), social media (Facebook and Twitter), webcasting and comprehensive event apps HIGH INTEREST – Millennials see meetings to be seamlessly integrated into modern and conventions holistically and are more meeting design. likely to balance activities within the venue with post-meeting activities in the surround- HIGH TOUCH – contrary to popular belief, ing area where the venue is located. These millennials want to comple- Gen Y workers have fueled ment high tech with high the trend for “bleisure,” tack- touch in the form of face- “Millennials fi nd value ing on extra days to the busi- to-face interaction with in conferences and ness meeting time to explore peers, senior colleagues and the host destination. outside experts. In 2015, the meetings... because American Program Bureau they are seeking net- HIGH SUSTAINABILITY – BEST. HOLIDAY. published “How Millennials working and career Millennials are strong sup- See Meetings Differently.” In porters of the trend toward opportunities more it, Dan Schawbel, a New York greener meetings. From en- PARTY. EVER. Times best-selling author than ever before” vironmentally friendly hotels says, “Millennials fi nd value in to locally sourced catering, Dan Schawbel Give your team the celebration it deserves. conferences and meetings... younger meeting goers are Author Inventive menus, premium drink packages, and exceptional because they are seeking demanding social responsi- group entertainment all come together for an epic holiday networking and career bility and sustainability. Since event at Bowlmor. Throw your office the best party ever. opportunities more than air travel is the main culprit ever before. Millennials are searching for of climate change, accounting for one-third of climate-damaging emissions (accord- BOOK BY 9/30 AND GET A rewarding jobs, so they view conferences as $ * a way to connect with great organizations ing to the Climate Change Connection), EARLY 20 GIFT CARD + FREE DESSERT face-to-face.” virtual events are seen as a viable and green BOOKING alternative to in-person meetings, and are SPECIAL! VISIT BOWLMOR.COM/HOLIDAY USE PROMO CODE: SWEETGIFT16 HIGHLY UNSTRUCTURED – there is a move- gaining popularity with these generational *TERMS & CONDITIONS APPLY ment toward open-learning meeting spaces, change agents. in which the presenter functions as a conversation facilitator and where attendees can There is no question that millennials are im- pacting and will continue to change the busi- CHELSEA PIERS TIMES SQUARE roam among casual “campfi re” sessions for PIER 60 222 W. 44TH ST self-directed conversations with their peers. ness of meetings and events. Understanding 212.835.2695 212.680.0012 With a focus on storytelling, these intimate the complexity and adapting to the needs meeting modules, in contrast to conventional of this formidable group now can result in theater-style meetings, are helping millenni- a more engaged, more satisfi ed and more als personalize their educational journey in a productive workforce for years to come.

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Offsite_Success_Sep_2016_Rev.indd 1 9/15/16 11:22 AM Highbrow-Lowbrow Event The Fusion of Extravagance and Economy

THE HIGH-LOW LOWDOWN As with most decisions in event planning, deciding whether your event should be a fancy to-do or a casual gathering is no longer a matter of either-or, but somewhere in between. Today, smart planners are offering an elegant mix of extravagance and economy for meetings and events. “High-low” happenings are part of a big trend in playful chic: creating mash-ups of the formal and fun Millennial Inﬂ uence on (think trufﬂ e burger). By combining elements that are fancy with those that are frugal, planners can come up with event solutions that are not only more Corporate Events budget-friendly, but also more creative and memorable. Here are a few suggestions to consider for your next high-low event:

SPEND ON THE SETTING. SHAKE UP THE When it comes to beverages, take advantage SERVICE. of the popularity of drink ﬂ ights and engage One way to achieve a high-low event is to attendees in tastings from local wineries or spend on an opulent setting while shaking breweries. These small-sized samples will up the service. In this scenario, your venue is keep both your audience and bar tab in line. the star. Your service (i.e. food and bever- OFF-SITE age) should offer something appealingly HIGH ENGAGEMENT. LOW FORMALITY. unconventional, a welcome break from An active space such as a bowling alley or SUCCESS the ordinary. Also look for an unusual yet driving range that mixes work with play is the sophisticated setting such as a museum, art perfect high/low venue for team building and gallery, hotel ballroom or yacht. A rooftop fun retro foods. Go really high/low and serve terrace or furnished loft space works well champagne and high-end canapés to offset too. With a spectacular venue or view you the informal vibe with elegant eats. In addition can generally save on décor and lighting. to the space for activities, venues like bowl- This will allow you to spend on more distinc- ing alleys also boast state-of-the-art meeting tive food and beverage choices. rooms and the scale to handle any size group.

COMFORT FOOD CHIC SPEND ON SERVICE. SCRIMP ON SETTING. Tone down the tony feel of an elegant venue If you’d prefer to spend on the service and with a menu of comfort foods. An artisanal scrimp on the setting, consider hosting your grilled cheese bar, alternating tiers of cana- event in-house. Since you’ll be saving on pés and cupcakes, a french fries station with venue fees you’ll be able to splurge on fun dipping sauce selection, or a make-your-own breaks. According to a 2013 article in the guacamole station will enable you to save on Huffi ngton Post, “You’ve Been Taking Breaks catering costs while generating comments All Wrong. Here’s How to Do it Right,” taking and conversation. And remember, in today’s breaks during work events is an effective multicultural workplace comfort foods are way to reinforce bonds, improve morale not relegated to American dishes. Be sure and increase possibilities for collaboration. to add international fl avor with items like Breaks that employees can enjoy together dumplings, fondue, pierogis and bao buns. are important to the success of your meeting Attendees today also have an eye toward and can even impact productivity back in the health and sustainability and are eating less offi ce later on. as a result. Calorie-counting attendees will Here are some bonding-oriented break enjoy bite-sized portions as long as the food suggestions you may want to consider: looks good, is good for the environment, and tastes great. Keep in mind when serving • Instead of the typical omelet station at low-cost comfort foods that it is all about the breakfast, try a make-your-own waffl e sta- presentation: So make it fun and fabulous! tion. Use locally sourced syrups if possible and offer gluten-free alternatives, as well. Here are a few ways to wow your guests: • If you have a company parking lot or out- • How about a donut wall breakfast (a peg- door area, use it to serve authentic BBQ. board with golf tees for hanging the donuts Showcase fried chicken and biscuits in a courtesy of Design Cuisine Caterers) at your picnic setting, or host a clambake when next breakfast? you break for lunch. • Create a tableau that invites grazing. Fill an • If you prefer no fuss or muss, bring in sev- 8-foot-long rectangular table from end to eral food trucks, including one for desserts end and side to side with an artful arrange- and/or ice cream. ment of antipasto, breads, dips, cheese and • Instead of a traditional sandwich display fruits. Think Renaissance painting! for lunch, offer a make-your-own salad line • Pair cocktails and canapés and serve the with creative toppings. Most attendees matching food and drinks in mini size so will appreciate the healthier option. Build your brand among corporate that guests can enjoy the fl avors togeth- • Serve milk shots with freshly baked er. Use unusual containers (like bell jars, cookies as an inner-child-pleasing event and meeting planners. newspaper cones or hollowed-out vegeta- mid-afternoon break. bles) to add even more interest. 2016 has been the year of the event experi- For information to advertise contact • Breakfast for supper provides a welcome ence – how attendees are experiencing an change from standard event dinners. Pan- Stu Smilowitz at 212.210.0736 event and retaining the content, and how to cake bars, omelet stations and make-your- take events beyond the ordinary. One way own granola/yogurt/ fruit parfaits stations to stand out is to kick things up with a mix offer hands-on hearty fare day or night. of highbrow and lowbrow event elements. • For the meeting’s end, prepare coffee in This approach can take a low budget and to-go cups each with a donut hole skew- deliver high returns. ered to the stirrer for garnish. Issue: 10/17/2016 Closing Date: 9/30/2016

An Advertising Supplement to Crain’s New York Business

Offsite_Success_Sep_2016_Rev.indd 2 9/15/16 11:22 AM TO PLACE A CLASSIFIED AD, CALL 1 800 444 6007 OR VISIT CRAINSNEWYORK.COM

CONSULTING SERVICES PUBLIC & LEGAL NOTICES Notice of Qualification of Wellington: C.W. JENNINGS Notice of Qualification of Kronberg Capi- Notice of Formation of MUPVENT tal Management LLC. App. for Auth. Non-US Equity LLC. Authority filed with Partners LLC. Arts of Org filed with Secy. INDUSTRIAL EXCHANGE filed with Secy. of State of NY (SSNY) NY Dept. of State on 8/11/16. Office of State of NY (SSNY) on 8/8/2016. Of- Global Expansion Consulting on 7/29/16. Office location: NY Coun- location: NY County. LLC formed in DE fice location: NY County, SSNY designat- Construction • Acquisitions ty. LLC formed in Delaware (DE) on on 5/10/07. NY Sec. of State desig- ed agent upon whom process may be Exporting • Financing 7/20/16. SSNY designated as agent nated agent of LLC upon whom proc- served and shall mail copy of process (855) 707-1944 of LLC upon whom process against it ess against it may be served and shall against LLC to principal business ad- may be served. 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(CSC), 80 State St., Albany, 6DYH ZLWKFRGH&5$,169,3 NY 12207. DE addr. of LLC: c/o CSC, with Secy. of State of NY (SSNY) on DWQ\FWYZHHNFRP 04/05/16. Office location: NY County. LLC Notice of Qualification of Settlement 2711 Centerville Rd., Ste. 400, Wilmington, H[FOXGHV+DOORI)DPH formed in Delaware (DE) on 12/11/15. Marketing Group LLC. Authority filed DE 19808. Cert. of Form. filed with Princ. office of LLC: 100 Park Ave., with NY Dept. of State on 7/26/16. Of- Jeffrey W. Bullock, Secy. of State of DE, fice location: NY County. LLC formed in Div. of Corps., John G. Townsend Bldg., 17TH Fl., NY, NY 10017. SSNY designat- TELECOMMUNICATIONS CA on 6/13/16. NY Sec. of State desig- 401 Federal St., Ste. 4, Dover, DE ed as agent of LLC upon whom process nated agent of LLC upon whom process 19901. Purpose: Any lawful activity. against it may be served. SSNY shall against it may be served and shall mail mail process to Attn: Jacob Douwe process to: CT Corporation System, Notice of Qualification of EGMT Hold- (“Jaap”) Kalverkamp at the princ. office 111 8th Ave., 13th Fl., NY, NY 10011. ings Special LP. Authority filed with NY of the LLC. DE addr. of LLC: Corporation Principal office address: 811 SW Naito Dept. of State on 7/29/16. Office loca- Service Co., 2711 Centerville Rd., Ste. Pkwy., Suite 310, Portland, OR 97204. tion: NY County. LP formed in DE on 400, Wilmington, DE 19808. Cert. of Cert. of Form. filed with CA Sec. of 7/26/16. NY Sec. of State designated Form. filed with Secy. of State, Div. of State, 1500 11th St., Sacramento, CA agent of LP upon whom process Corps., P.O. Box 898, Dover, DE 19903. 95814. Purpose: all lawful purposes. against it may be served and shall mail Purpose: Any lawful activity. process to: 767 Fifth Ave., 45th Fl., CIMB ASSOCIATES LLC Articles of Org. NY, NY 10153, principal business ad- Notice of Qualification of BROOKS filed NY Sec. of State (SSNY) dress. DE address of LP: The Corpora- BROTHERS RESTAURANT, LLC 7/13/2016. Office in NY Co. SSNY tion Trust Co., 1209 Orange St., Wil- Appl. for Auth. filed with Secy. of State desig. agent of LLC upon process may be mington, DE 19801. Name/address of of NY (SSNY) on 08/17/16. Office loca- served. SSNY shall mail copy of process genl. ptr. available from NY Sec. of tion: NY County. LLC formed in Dela- to 305 E. 85th St., Apt 5A, NY, NY State. Cert. of LP filed with DE Sec. of ware (DE) on 12/17/12. Princ. office of 10028, which is also the principal busi- State, Townsend Bldg., Dover, DE LLC: 346 Madison Ave., NY, NY ness loc. Purpose: Any lawful purpose. 19901. Purpose: all lawful purposes. 10017. SSNY designated as agent of LLC upon whom process against it may Notice of Qual. of Alloy Asset Manage- Notice of Qualification of SK Capital be served. SSNY shall mail process to ment LLC, Auth. filed Sec’y of State Management IV, LP. Authority filed c/o Corporation Service Co. (CSC), 80 (SSNY) 4/8/16. Off. loc: NY Co. LLC org. with NY Dept. of State on 7/12/16. State St., Albany, NY 12207. DE addr. in DE 4/5/16. SSNY desig. as agent of Office location: NY County. Princ. bus. of LLC: c/o CSC, 2711 Centerville Rd., LLC upon whom proc. against it may be addr.: 400 Park Ave., Ste. 820, NY, NY Ste. 400, Wilmington, DE 19808. Cert. served. SSNY shall mail copy of proc. to 10022. LP formed in Cayman Islands of Form. filed with Secy. of State, Div. Att: Robert Burch, 1 Rockefeller Plaza, (CI) on 4/18/16. NY Sec. of State of Corps., John G. Townsend Bldg., NY, NY 10020. DE off. addr.: CSC, 2711 designated agent of LP upon whom pro- 401 Federal St. - Ste. 4, Dover, DE Centerville Rd., Wilmington, DE 19808. cess against it may be served and shall 19901. Purpose: Any lawful activity. PUBLIC & LEGAL Cert. of Form. on file: SSDE, Townsend mail process to: c/o CT Corporation NOTICES Bldg., Dover, DE 19901. Purp: any lawful System, 111 8th Ave., NY, NY 10011, activities. regd. agent upon whom process may Notice of Qualification of HARRADEN be served. CI addr. of LP: c/o Maples CIRCLE INVESTMENTS, LLC. Appl. for Notice of Formation of York Distressed Auth. filed with Secy. of State of NY Notice of Formation of Park South Man- Corporate Services Ltd., PO Box 309, Asset Holdings, LLC. Arts. of Org. filed Ugland House, Grand Cayman, KY1- (SSNY) on 07/11/16. Office location: with NY Dept. of State on 8/23/16. Of- agement LLC. Arts. of Org. filed with NY County. LLC formed in Delaware Secy. of State of NY (SSNY) on 1104, CI. Name/addr. of genl. ptr. fice location: NY County. Sec. of State available from NY Sec. of State. Cert. (DE) on 06/24/16. Princ. office of LLC: designated agent of LLC upon whom 7/26/16. Office location: NY County. 825 Third Ave., 33rd Fl., NY, NY 10022. SSNY designated as agent of LLC upon of LP filed with Asst. Registrar of LPs, process against it may be served and Govt. Admin. Bldg., 133 Elgin Ave., SSNY designated as agent of LLC upon shall mail process to: c/o York Dis- whom process against it may be whom process against it may be served. served. SSNY shall mail process to: George Town, Grand Cayman KY1-9000, tressed Asset Holdings, LLC, 767 Fifth CI. Purpose: all lawful purposes. SSNY shall mail process to the LLC at Ave., 17th Fl., NY, NY 10153, principal 235 Park Avenue South, 8th Fl., NY, NY the princ. office of the LLC. DE addr. of 10003. Purpose: any lawful activity. business address. Purpose: all lawful Notice of Qualification of HARLAN SPE- LLC: c/o Corporation Service Co., 2711 purposes. Centerville Rd., Ste. 400, Wilmington,  CIAL OPPORTUNITIES FUND III LP Appl. for Auth. filed with Secy. of State DE 19808. Cert. of Form. filed with  DE Secy. of State, John G. Townsend Notice of Qualification of The Ticket Ex-  of NY (SSNY) on 08/05/16. Office loca- perience LLC. Authority filed with NY tion: NY County. LP formed in Delaware Bldg., 401 Federal St., Ste. #4, Dover, DE  19901. Purpose: Any lawful activity. Dept. of State on 7/28/16. Office loca-  (DE) on 06/24/16. SSNY designated tion: NY County. LLC formed in TX on  as agent of LP upon whom process 9/23/09. NY Sec. of State designated  against it may be served. SSNY shall Notice of Qual. of Anandar 4M, LLC, agent of LLC upon whom process  mail process to Joshua D. Harlan, c/o Auth. filed Sec’y of State (SSNY) against it may be served and shall mail Harlan Capital (GP) III LLC, 150 E. 58th 3/17/16. Off. loc: NY Co. LLC org. in DE process to: CT Corporation System, St., 38th Fl., NY, NY 10155. Name and 11/25/14. SSNY desig. as agent of LLC 111 8th Ave., NY, NY 10011, regd. Notice of Formation of WSFSSH PA LLC. addr. of each general partner are availa- upon whom proc. against it may be agent upon whom process may be Arts. of Org. filed with Secy. of State of ble from SSNY. DE addr. of LP: Corpora- served. SSNY shall mail copy of proc. to served. TX and principal business ad- NY (SSNY) on 7/12/16. Office location: tion Service Co., 2711 Centerville Rd., Att: Minn Htoo, 800 Third Ave., NY, NY dress: 3311 W. Alabama, Ste. 200, NY County. SSNY designated as agent Ste. 400, Wilmington, DE 19808. Cert. 10022. DE off. addr.: CSC, 2711 Houston, TX 77098. Cert. of Form. filed of LLC upon whom process against of LP filed with Secy. of State of DE, Centerville Rd., Wilmington, DE 19808. with TX Sec. of State, 1019 Brazos, it may be served. SSNY shall mail Div. of Corps., John G. Townsend Bldg., Cert. of Form. on file: SSDE, Townsend Austin, TX 78701. Purpose: all lawful process to: 2345 Broadway, NY, NY 401 Federal St., Ste. 4, Dover, DE Bldg., Dover, DE 19901. Purp: any lawful purposes. 10024. Purpose: any lawful activity. 19901. Purpose: Any lawful activity. activities.

24 | CRAIN’S NEW YORK BUSINESS | SEPTEMBER 19, 2016

P024-26_CN_20160919.indd 24 9/14/2016 3:46:54 PM TO PLACE A CLASSIFIED AD, CALL 1 800 444 6007 OR VISIT CRAINSNEWYORK.COM

PUBLIC & LEGAL NOTICES

SPK/LEWIS CONSTRUCTION, LLC filed NOTICE OF FORMATION OF Create160, Notice of Formation of SF Capital Part- 1DPHRI//&%5/,QYHVWLPHQWRV86$ Arts. of Org. with the Sect’y of State of LLC. Articles of Organization filed with ners LLC. Arts. of Org. filed with NY //&$UWVRI2UJILOHGZLWK1<'HSW NY (SSNY) on 6/15/2016. Office locat- the Secretary of State of NY (SSNY) on Dept. of State on 6/24/16. Office loca- RI6WDWH2IILFHORF1<&R ed in NY County. SSNY has been desig- 6/21/2016. Office location: NEW YORK tion: NY County. Sec. of State designat- 6HFRI6WDWHGHVLJQDWHGDJHQWRI//& nated as agent of the LLC upon whom County. SSNY has been designated as ed agent of LLC upon whom process XSRQZKRPSURFHVVDJDLQVWLWPD\ process against it may be served. agent upon whom process against it against it may be served and shall mail EHVHUYHGDQGVKDOOPDLOSURFHVVWR SSNY shall mail process to: c/o Ochs may be served. The Post Office address process to the principal business ad- %XVLQHVV)LOLQJV,QF:ROI5G6WH & Goldberg, LLP, 60 E. 42nd St., to which the SSNY shall mail a copy of any dress: 140 W. 86th St., 10B, NY, NY $OEDQ\1<UHJGDJWXSRQ #4600, NY NY 10165. Purpose: any process against the LLC served upon 10024, Attn: Stefano Farsura, regd. ZKRPSURFHVVPD\EHVHUYHG3XUSRVH lawful act. him/her is: c/o United States Corporation agent upon whom process may be DQ\ODZIXODFW Agents, Inc, 7014 13th Avenue, Suite 202, served. Purpose: all lawful purposes. Notice of Qualification of YipTel, L.L.C. Brooklyn, NY 11228. The principal Authority filed with NY Dept. of State on Notice of Formation business address of the LLC is: 160 8/26/16. Office location: NY County. Notice of Qual. of 799 Broadway Owner F.Words Gear LLC Arts. of Org. filed West 73rd St, 2C, New York, NY 10023. LLC registered in UT on 12/9/09. NY LLC, Auth. filed Sec’y of State (SSNY) w/SSNY on 7/29/16 Off. in NY Co. Purpose: any lawful act or activity. Sec. of State designated agent of LLC 7/5/16. Off. loc: NY Co. LLC org. in DE SSNY desig. as agt. of LLC whom proc- upon whom process against it may be 4/21/16. SSNY desig. as agent of LLC ess may be served. SSNY shall mail served and shall mail process to: c/o Notice of Formation of HARLEM upon whom proc. against it may be process to Accumera LLC, 911 Central CT Corporation System, 111 8th Ave., MUSIKA LLC Arts. of Org. filed with served. SSNY shall mail copy of proc. Ave, #101, Albany, NY 12206. The reg. NY, NY 10011, regd. agent upon whom Secy. of State of NY (SSNY) on to NRAI, 111 Eighth Ave., NY, NY agent is: Accumera at same address. process may be served. UT and princi- 09/02/16. Office location: NY County. 10011, the Reg. Agt. upon whom proc. Purpose: all lawful activities. pal business address: 9176 S 300 W, Princ. office of LLC: 547 W. 149th St., may be served. DE off. addr.: 160 Ste. 1, Sandy, UT 84070. Cert. of Reg. NY, NY 10031. SSNY designated as Greentree Dr., Ste. 101, Dover, DE Notice of Qualification of NOBLE CAPI- filed with UT Sec. of State, 160 E 300 agent of LLC upon whom process 19904. Cert. of Form. on file: SSDE, TAL ADVISORS, LP S, 1st Fl., Salt Lake City, UT 84111. against it may be served. SSNY shall Townsend Bldg., Dover, DE 19901. Appl. for Auth. filed with Secy. of State Purpose: all lawful purposes. mail process to Friedberg Pinkas PLLC, Purp: any lawful activities. of NY (SSNY) on 09/01/16. Office loca- 767 Third Ave., 31st Fl., NY, NY tion: NY County. LP formed in Delaware 10017, regd. agent upon whom and at (DE) on 06/22/16. Princ. office of LP: Notice of Formation of VertiPark, LLC. Notice of Qualification of DIMONT & which process may be served. Purpose: c/o Noble Capital Advisors, LLC, 1330 Arts. of Org. filed with Secy. of State of ASSOCIATES, LLC. Appl. for Auth. filed Any lawful activity Ave. of the Americas, 7th Fl., NY, NY NY (SSNY) on 8/26/16. Office loca- with Secy. of State of NY (SSNY) on 10104. SSNY designated as agent of tion: NY County. SSNY designated as 07/08/16. Office location: NY County. LP upon whom process against it may agent of LLC upon whom process Notice of Qualification of Hospira World- LLC formed in Delaware (DE) on be served. SSNY shall mail process to against it may be served. SSNY shall wide, LLC. Authority filed with NY Dept. 03/11/16. SSNY designated as agent the Partnership, Attn: George Noble at mail process to: 415 W. 45th St., NY, of State on 8/18/16. Office location: NY of LLC upon whom process against it the princ. office of the LP. Name and NY 10036. Purpose: any lawful activity. County. Princ. bus. addr.: 275 N. Field may be served. SSNY shall mail pro- addr. of each general partner are availa- Dr., Lake Forest, IL 60045. LLC formed cess to c/o Corporation Service Co., 80 ble from SSNY. DE addr. of LP: 1209 Notice of Application for Authority of in DE on 3/5/04. NY Sec. of State desig- State St., Albany, NY 12207-2543. DE Orange St., Wilmington, DE 19801. NATION DESIGN PARTNERS LLC filed nated agent of LLC upon whom process addr. of LLC: c/o Vcorp Services, 1013 Cert. of LP filed with Secy. of State, with the Secy. of State of NY (SSNY) against it may be served and shall mail Centre Rd., Ste. 403B, Wilmington, DE Div. of Corps., John G. Townsend Bldg., on 7/20/16. Formed in PA 4/11/11. process to: c/o CT Corporation System, 19805. Cert. of Form. filed with State 401 Federal St. - Ste. 4, Dover, DE Office loc.: New York County. SSNY is 111 8th Ave., NY, NY 10011, regd. of DE-Div. of Corp., John G. Townsend 19901. Purpose: Any lawful activity. designated as agent of LLC upon whom agent upon whom process may be Bldg., 401 Federal St., Ste. 4, Dover, process against it may be served. The served. DE addr. of LLC: 1209 Orange DE 19901. Purpose: Any lawful activity. address SSNY shall mail copy of pro- St., Wilmington, DE 19801. Cert. of Notice of Qualification of SAGEWIND cess to and the office address required Form. filed with DE Sec. of State, 401 CAPITAL LLCAppl. for Auth. filed with EPITOME MIND FRAME, LLC, Arts. of to be maintained in PA is 851 Newtown Federal St., Dover, DE 19901. Purpose: Secy. of State of NY (SSNY) on Org. filed with the SSNY on Rd., Devon, PA 19333. Cert. of organi- all lawful purposes. 09/07/16. Office location: NY County. 08/08/2016, Effective date of zation filed with PA Secy. of the Common- LLC formed in Delaware (DE) on Notice of Formation of MOUNT SINAI 09/01/2016. Office loc: NY County. wealth, PA Bureau of Corporations & 09/02/16. SSNY designated as agent HEALTH NETWORK, LLC Arts. of Org. filed SSNY has been designated as agent Charitable Organizations, 206 N. Office of LLC upon whom process against it with Secy. of State of NY (SSNY) on upon whom process against the LLC Bldg., 401 North St., Harrisburg, PA may be served. SSNY shall mail proc- 09/01/16. Office location: NY County. may be served. SSNY shall mail proc- 17120. Purpose: Any lawful activity. ess to Attn: Steven M. Lefkowitz, 667 Princ. office of LLC: c/o Mount Sinai ess to: Corporate Filings of NY, 90 Madison Ave., Fifth Fl., NY, NY 10065. Health System, Inc., Attn: Legal Dept., State St., Ste 700, Office 40, Albany, DE addr. of LLC: Corporation Service NOTICE OF FORMATION of Big Tie Con- One Gustave L. Levy Pl., Box 1099, NY, NY 12207. Purpose: Any Lawful Pur- struction LLC. Arts of Org filed with Co., 2711 Centerville Rd., Ste. 400, NY 10029. SSNY designated as agent of pose. Wilmington, DE 19808. Cert. of Form. Secy. of State of NY (SSNY) on LLC upon whom process against it may 7/28/2016. Office location: NY Coun- filed with Secy. of State, Div. of Corps., be served. SSNY shall mail process to Notice of Qualification of RCB3 Afford- ty. SSNY designated agent upon whom John G. Townsend Bldg., 401 Federal the LLC at the addr. of its princ. office. able LLC. Authority filed with NY Dept. process may be served and shall mail St. - Ste. 4, Dover, DE 19901. Pur- Purpose: Any lawful activity of State on 7/8/16. Office location: copy of process against LLC to princi- pose: Any lawful activity. NY County. Princ. bus. addr.: 125 pal business address: 600 10th Ave Notice of Formation of ANGEL & TIGER High St., 27th Fl., Boston, MA 02110. Apt. 1RS, NY, NY 10036. Purpose: any Notice of Formation of Renarde, LLC, LLC Arts. of Org. filed with Secy. of LLC formed in DE on 6/30/16. NY lawful act. a domestic limited liability company. State of NY (SSNY) on 07/07/16. Of- Sec. of State designated agent of LLC Articles of Organization were filed with fice location: NY County. Princ. office of upon whom process against it may be the Secretary of State of New York NOTICE OF FORMATION OF 305 WEST LLC: 575 Madison Ave., Ste. 7D, NY, NY served and shall mail process to: c/o (SSNY) on 06/14/16. NY Office loca- END HOLDING LLC. Arts of Org filed 10022. SSNY designated as agent of CT Corporation System, 111 8th Ave., tion: New York County. SSNY is desig- with Secy of State of NY (SSNY) on LLC upon whom process against it may NY, NY 10011, regd. agent upon whom nated as agent upon whom process 6/8/16. Office location: NEW YORK be served. SSNY shall mail process to process may be served. DE addr. of against the LLC may be served. SSNY County. SSNY designated agent upon Corporation Service Co., 80 State St., LLC: 1209 Orange St., Wilmington, DE shall mail a copy of process to the LLC whom process may be served and Albany, NY 12207-2543. Purpose: Any 19801. Cert. of Form. filed with DE Sec. at 122 East 82nd Street, Suite 1B, New shall mail copy of process against lawful activity. of State, 401 Federal St., Dover, DE York, NY 10028. Purpose: For any LLC to principal business address: 40 19901. Purpose: all lawful purposes. lawful purpose. EXCHANGE PLACE, Ste 1201, NY NY Notice of Formation of FRESH SPACE 10005. Purpose: any lawful act. OF BRYANT PARK LLC Notice of Formation of big woof, LLC. Notice of Formation of CHALKIN’ SO- Arts. of Org. filed with Secy. of State of Arts. of Org. filed with NY Dept. of State CIAL, LLC Arts. of Org. filed with Secy. Notice of Qualification of RCB4 Afford- NY (SSNY) on 08/03/16. Office loca- on 5/10/16. Office location: NY County. of State of NY (SSNY) on 07/20/16. Of- able LLC. Authority filed with NY Dept. tion: NY County. SSNY designated as Princ. bus. addr.: 31 E. 12th St., Apt. fice location: NY County. SSNY desig- of State on 7/8/16. Office location: agent of LLC upon whom process 10A, NY, NY 10003. Sec. of State designated as agent of LLC upon whom proc- NY County. Princ. bus. addr.: 125 against it may be served. SSNY shall nated agent of LLC upon whom process ess against it may be served. SSNY High St., 27th Fl., Boston, MA 02110. mail process to c/o Corporation Serv- against it may be served and shall mail shall mail process to David LLC formed in DE on 6/30/16. NY ice Co., 80 State St., Albany, NY process to: Bennett I. Weiner, Esq., 25 Schoonmaker, 428 Broadway, 4th Fl., Sec. of State designated agent of LLC 12207. Purpose: Any lawful activity. W. 43rd St., Ste. 920, NY, NY 10036. NY, CA 10013. Purpose: Any lawful ac- upon whom process against it may be Purpose: any lawful activity. tivity. served and shall mail process to: c/o SOSA USA LLC, Arts. of Org. filed with CT Corporation System, 111 8th Ave., the SSNY on 05/12/2016. Office loc: Spin City Laundromat, LLC Arts of Org Notice is hereby given that license NY, NY 10011, regd. agent upon whom NY County. SSNY has been designated filed with NY Sec of State (SSNY) on #1297077 has been applied by the un- process may be served. DE addr. of as agent upon whom process against 8/1/16. Office: New York County. dersigned to sell beer, wine and liquor LLC: 1209 Orange St., Wilmington, DE the LLC may be served. SSNY shall SSNY designated as agent of LLC upon under the alcoholic beverage control 19801. Cert. of Form. filed with DE Sec. mail process to: The LLC, Attn: Roy whom process may be served. SSNY law at 244 3rd Ave., New York, NY of State, 401 Federal St., Dover, DE Oron, 117 Seventh Ave, NY, NY 10011. shall mail process to: 180 Ave B, NY, 10010 for on-premises consumption. 19901. Purpose: all lawful purposes. Purpose: Any Lawful Purpose. NY 10009. General Purposes. Barfly NYC, Inc. d/b/a Barfly.

SEPTEMBER 19, 2016 | CRAIN’S NEW YORK BUSINESS | 25

P024-26_CN_20160919.indd 25 9/14/2016 3:47:12 PM To place your listing, visit crainsnewyork.com/execmoves

ACCOUNTING NONPROFIT REAL ESTATE KPMG LLP Sports & Arts in Schools Foundation Warburg Realty Laurence Godin joined Maureen Fonseca, 61, Annette Gallo joined was appointed Chief Announce new hires, KPMG LLP as Prin- Warburg Realty as Executive Officer. cipal and National Chief Marketing promotions and board She continues as CEO Practice Leader for (formerly President) Officer. She was for- appointments to the Investment Man- at Sports & Arts in merly Branding and New York business agement. He was Schools Foundation. Creative Advisor at community formerly managing director and She will lead the im- Luxury Companies and Philanthropic plementation of the organization’s head of business governance for Ventures. Annette will oversee the new strategic plan and work to Merrill Lynch’s Global Wealth and internal marketing team, and focus attain increased recognition among Retirement Solutions Division at national education and philan- on building and strengthening the CRAIN’S Bank of America. thropic circles for the organization’s Warburg brand through strategic work in the public and private sectors. partnerships and innovative con- EXECUTIVE sumer outreach. EXECUTIVE MOVES PROFESSIONAL SERVICES MOVES One flat fee: print and online AArete To submit your listing , visit REAL ESTATE www.crainsnewyork.com/execmoves John Marchisin joined AArete as For one flat fee: print Managing Director. Warburg Realty MEDIA & ENTERTAINMENT He was formerly and online placement Director at Price- Rosana Vidal joined Warburg Realty The Artery waterhouseCoopers. as Executive Director of Marketing. guaranteed. John provides profit Deborah Sullivan She was formerly improvement ser- joined The Artery as vices to healthcare Marketing Strategist To submit your listing Executive Producer providers, including at Top New York & Managing Director. academic medical centers, inte- City Real Estate and view the searchable She was formerly grated delivery systems, physician Firms. Rosana will database, visit Managing Director practices and specialty hospitals. be working closely and Executive Pro- His work includes non-labor cost crainsnewyork.com/ reduction, revenue cycle improve- with her team to develop strategic ducer at NO6 and Peepshow Post. ments, process improvements plans and tools for agents to market execmoves In her new role with The Artery, and technology implementation themselves and their listings. She Sullivan will focus on melding services. He focuses on revenue will also be leading the streamlining the company’s rapidly expanding enhancement, patient access and creative offerings to best service its throughput, supply chain manage- of internal systems and processes diverse client base. ment, and population health. related to agent marketing. ®

26 | CRAIN’S NEW YORK BUSINESS | SEPTEMBER 19, 2016

P026 EXEC MOVES_CN_20160919.indd 26 9/15/2016 3:59:55 PM GOTHAM GIGS

THROUGH THE DRINKING GLASS: Twelve hours a day, four days a week, Marcelo Hernandez serves the thirsty who pass through Grand Central.

CAP LEADIN KO: caption readout KO go here here

BY LANCE PIERCE

Keeper of secrets, neat The bartender at the Grand Central Oyster Bar has been soothing commuters for 34 years

any assume a bartender’s most import- ural habitat: the restaurant business. He worked his way up ant tools are his hands. Or maybe his wit, from dishwasher to bartender and, in 1982, found himself MARCELO HERNANDEZ charm and absolute discretion. For veteran mixing Manhattans and old-fashioneds in the Oyster Bar’s barkeep Marcelo Hernandez, the truth is front-room saloon. AGE 72 Mmore pedestrian. He’s never looked back—nor has he worked anywhere BORN Quito, Ecuador “I take care of my feet better than I take care of my else since. RESIDES Jersey City face,” Hernandez, 72, said during his lunch break at the “I love New York,” he explained with obvious affec- THEY DON’T MAKE ’EM LIKE Grand Central Oyster Bar & Restaurant, the distinctive pit tion, “and I landed in this landmark of New York City. THEY USED TO He has served stop that traces its roots to the opening of the terminal I’ve invested so much time, I feel myself that I’m part plenty of the old famous New York- in 1913. That face—lined but youthful, weath- of the landmark.” ers: Joe DiMaggio, Sandy Koufax, ered but cheerful—has greeted thirsty com- “I feel myself Indeed, some of his customers have been Billy Martin, Liza Minnelli, Barbra muters and tourists from 11 a.m. to 11 p.m., visiting for 30 years; he has patrons whose Streisand, and more. “The new that I’m generation, I don’t recognize them.” five (but now four) days a week, for 34 years. children are now regulars. He’s been known THREE PAIRS PER DAY Another A native of Quito, Ecuador, Hernandez was part of the to serve married couples—one spouse bartender advised him to diversify born into the business. His father, a big-band landmark” unbeknownst to the other. “Sometimes, I his footwear to include “the shoes musician—“the Ecuadorian Desi Arnaz”— have the husband first,” he said, “and she that you come in with, the shoes owned a small restaurant in the capital. “I was behind the comes half an hour later. But I never tell them the other you’re going to wear for lunchtime, bar when I was 8 years old,” he said. was here.” and then you change shoes after lunch for the evening.” That early training came in handy when, at 20, Her- Fifty years is a long time to spend standing for 12-hour nandez moved to New York with a few cousins. They lived shifts. Besides caring for one’s feet, does Hernandez have GET ON HIS GOOD SIDE Ask him, “How are your feet?” with an aunt in Manhattan’s garment district, then a work- any advice for the next generation? ing-class neighborhood filled with sweatshops. “I tell the new kids, don’t do it for the money. Do it Hernandez’s first job at a toolmaking factory lasted just because you want to do it,” he said. “If it’s just for the mon- one day; his second, as a garment-shop messenger, was ey, you’re going to be a bitter person—and that’s what

BUCK ENNIS also short-lived. But, soon enough, he returned to his nat- you’ll get in your customers.” — JEFF KOYEN

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 27

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A dinner downtown to remember Fifteen years after the attacks that destroyed the Twin Towers, about 900 people gathered at Cipriani Wall Street for a fundraiser for the National September 11 Memorial & Museum. Comedian Samantha Bee hosted the Sept. 7 event, which featured a performance by Jon Bon Jovi and raised about $3 million.

Ron Perelman, chief executive officer of MacAndrews & Forbes, and musician Jon Bon Jovi at Cipriani Wall Street. Perelman, an event Jeffrey Tabak, a partner at law firm Weil, Gotshal & Manges; honoree, recently announced a $75 million donation for a performing Dr. Ruth Westheimer, sex therapist; former mayor Michael arts center at the World Trade Center. Bloomberg, board chair of the 9/11 memorial; and Diana Taylor, vice chair at Solera Capital, at the memorial fundraiser. Supporting the survivors and their families Eddie Gindi, co-owner of Century Toward research for a cancer cure 21 department stores, Melissa Fishel; and Terry Sears, her father, Kenneth executive director of Fishel, president Tuesday’s Children, of Renaissance at a Sept. 8 benefit for Properties; and his the nonprofit, which wife, Maria, at a supports the 9/11 benefit for the community, families Prostate Cancer of fallen military Foundation that personnel and victims raised $3.5 million. of terrorism.

Mei Sze Greene and her husband, Jeff Greene, a real estate investor and host of the Prostate Cancer Foun- dation event, held at the Tom Seaman, general counsel of Orbis International, event co-chair and Parrish Art Museum in Tuesday’s Children board member; event emcee Michelle Charlesworth, Water Mill, N.Y. reporter and anchor at WABC-TV; and Mr. Seaman’s wife, Jackie, event co-chair, who helped raise $400,000 for the charity.

JIN LEE, NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM; PAUL MORIGI/GETTY IMAGES FOR TUESDAY’S CHILDREN; ROB RICH/SOCIETYALLURE.COM; PATRICK MCMULLAN PATRICK CHILDREN; ROB RICH/SOCIETYALLURE.COM; MORIGI/GETTY IMAGES FOR TUESDAY’S SEPTEMBER 11 MEMORIAL & MUSEUM; PAUL JIN LEE, NATIONAL SEE MORE OF THIS WEEK’S SNAPS ONLINE AT CRAINSNEWYORK.COM/SNAPS GET YOUR GALA IN SNAPS. EMAIL THERESA AGOVINO, [email protected]

28 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

P028_CN_20160919.indd 28 9/16/16 7:36 PM FOR THE RECORD*

n Vnyl per East Side that encom- 146 W. 23rd St. owed $1.6 million, and able, but a recent transac- NEW IN TOWN 100 Third Ave. passes a bar, main dining Filed for Chapter 7 bank- Randall Funding LLC, tion in the same building The four-floor, ’70s-style room and winter garden. ruptcy on Sept. 9, citing owed $830,000. was reported to be $85 per n Cheeseboat coffee shop, bar and restau- Sistina will continue to offer estimated assets of $0 to square foot. 80 Berry St., Brooklyn rant opened in the East Vil- seasonal Italian fare and $50,000 and estimated This family-owned restau- lage. Vnyl, which stands for wines from its 80,000-bottle liabilities of $500,001 to $1 REAL ESTATE DEALS RETAIL rant opened in Williams- Vintage New York Lifestyle, collection; there will be new million. Creditors with the n OroGold Cosmetics burg and is offering a serves an eclectic American lunch and late-night bar largest unsecured claims COMMERCIAL signed a lease to occu- menu of Georgian cuisine, menu and features music menus. include John Cassese, owed n The Fross Zelnick py 1,000 square feet at including its namesake dish, curated by the actor Adrian $500,000, and Elavon Inc., Lehrman & Zissu law firm 333 Bleecker St. in the a cheese, butter and bread Grenier. owed $50,785. signed a 15-year lease West Village. The skin- combination also known as MERGERS & ACQUISITIONS to move into 4 Times care company joins other khachapuri. n Westlight at The n Seacrest Equities, LLC Square. The firm will occu- upscale beauty retailers on William Vale Hotel n TheTNS Group, a man- 269 Forest Ave., py 41,211 square feet of the this portion of Bleecker n King 111 N. 12th St., Brooklyn aged IT services provider in Staten Island 1.9-million-square-foot Street, including MAC 18 King St. The chef Andrew Carmel- Stamford, Conn., acquired Filed for Chapter 11 building at Broadway and Cosmetics and Marc Jacobs The first venture by a trio of lini (Locanda Verde, The Chelsea Computer, an IT bankruptcy on Sept. 1, West 42nwd Street. The Beauty. Douglas Elliman Londoners—two chefs from Dutch) opened a rooftop services firm in Manhat- citing estimated as- landlord, the Durst Organi- Real Estate represented the the River Café and a general bar and lounge that is tan. Under TNS, Chelsea sets and liabilities of zation, was represented tenant, while ABS Partners manager, all women—this declaring itself the highest Computer clients will now $1,000,001 to $10 million. in-house. The tenant was Real Estate represented intimate bistro serves a fresh in Williamsburg. Located have access to TNS Group’s Creditors with the largest represented by Cushman the landlord, who was not menu daily of dishes influ- on the hotel’s 22nd floor, support team, engineering unsecured claims include & Wakefield. Asking rents named. The asking rent was enced by Italy and France. it offers a light menu and and resources. The former JPMorgan Chase Bank, in this lease were not avail- $600 per square foot. n cocktails. Chelsea Computer offices n Printers Alley will remain in the same 215 W. 40th St. location under the TNS

Named after the famous COMPANY MOVES Group. The transaction GET* YOUR NEWS ON THE RECORD To submit company openings, moves, mergers and acquisitions, or real estate deals, email music and nightlife hub of amount was not disclosed. [email protected]. Nashville, Tenn., this mid- n Sistina town east restaurant offers 24 E. 81st St. For the Record is a listing to help businesspeople in New York find opportunities, potential its version of Nashville’s Chef and owner Giuseppe BANKRUPTCIES new clients and updates on customers. Bankruptcy filings from the Eastern and Southern signature dish, hot chicken, Bruno has reopened his districts of New York are listed alphabetically. Real estate listings are provided in order of declining square footage. along with other Southern modern Italian restaurant at n RedBox 3-13 LLC, dba and barbecue classics. a new location on the Up- Steel Gym

CRAIN’S Wednesday, October 19, 2016 New York Marriott Downtown 85 West Street Entertainment 8:00 a.m. – 8:30 a.m. Registration and Networking Breakfast Summit 8:30 a.m. – 10:30 a.m. Program Cost to Attend: $179 for individual ticket(s) Preparing for the Next Stage $1,790 for table(s) of 10 $2,650 for a table of 10 and Opening Keynote: SENATOR event journal ad CHRISTOPHER J. DODD You must be pre-registered to attend this event. Chairman & CEO, Motion No refunds permitted. Picture Association of For more event information: America, Inc. Ashlee Schuppius 212-210-0739 Panel Discussion: [email protected] For sponsorship opportunities: Irene Bar-Am 212-210-0133 [email protected] SCOTT LEVY JULIE MENIN CLYDE PHILLIPS ALAN SUNA BEAU WILLIMON Founder & President Commissioner, Mayor’s Showrunner, Dexter, Chief Executive Ofﬁ cer Creator Eastern Effects, Inc. Ofﬁ ce of Media Feed the Beast and Silvercup Studios House of Cards REGISTER TO DAY and Entertainment Nurse Jackie » « crainsnewyork.com/events-entertainment2016 Platinum Sponsor:

September 19, 2016 | CRAIN’S NEW YORK BUSINESS | 29

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King Bee n glaring sunlight 68 stories above West 54th Street, Andrew Coté inspects a piece of honeycomb that forms part of the world’s highest apiary. It’s one of more Ithan 80 hives the 42-year-old tends throughout the five boroughs, earning him the distinction as the sole full-time beekeeper in the city. After the Board of Health lifted the ban on beekeeping in 2010, legalizing hundreds of clandestine hives, membership in the NYC Beekeepers Association grew from 82 in 2010 to 540 last year. Many of those amateur apio- philes started hives on commercial properties, but, according to Coté, burnout has been high. “Most people last a year and then they’re done,” he said. In steps Coté, whom many city landlords now hire to maintain beehives atop their buildings. In addition to pollinating rooftop gardens, the apiaries allow building owners to take advantage of a 2008 tax abatement of $4.50 for every square foot of green space. Down on the ground, landowners, including those who run Woodlawn Cemetery in the Bronx, offer ample space for hives, along with thousands of flowering plants for Coté’s worker bees to feast on. That’s good news, as it takes a colony some 2 million pollinating missions to produce just one pound of honey. But a high bee-to-flower ratio is a problem. Coté’s honey production in places like Williamsburg—where homemade hives have proliferated—is weaker than in less buzzing neighborhoods. “Say you have a pizza, you and I share it, great, we each bring a friend, fine,” Coté said. “But if everyone keeps coming in, that’s not so good.” — PETER D'AMATO PETER D’AMATO

30 | CRAIN’S NEW YORK BUSINESS | September 19, 2016

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T-Mobile goes with us everywhere we ﬁ nd our materials, from wheat fields B:14.75”

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