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nb39p01.qxp 9/21/2007 8:21 PM Page 1 TOP STORIES NEXT WEEK 100 Most Influential Knicks drop ball by Women in NYC allowing Thomas Business harassment case to go to trial PAGE 2 ® Troopergate scandal ebbs, but state’s Democrats VOL. XXIII, NO. 39 WWW.NEWYORKBUSINESS.COM SEPTEMBER 24-30, 2007 PRICE: $3.00 remain at odds PAGE 3 Lockout Biographer pitches book on baseball looms on great Willie Mays NEW YORK, NEW YORK, P. 6 B’way as The secret behind the stability of the talks stall Bloomberg team; will it last? Deadline is GREG DAVID, PAGE 13 Sept. 30; will the mayor intervene? BY MIRIAM KREININ SOUCCAR DANIEL GROSS of Brandworkers the great white way could go International, which dark next week if a labor agreement put together protests isn’t reached between Broadway against Wild Edibles. producers and the people who larry ford work behind the curtains. SPECIAL REPORT LABOR STRUGGLE The League of American The- ACCOUNTING atres and Producers set a deadline Recruiting war on of Sept. 30 to resolve its contract college campuses; top talks with Local One of the Inter- 25 firms list PAGE 17 national Alliance of Theatrical Restaurant firestorm Stage Employees. Sources say pro- ducers are threatening a lockout— in which management closes down protestors raised an unappetizing improving conditions for low- a show—if the union doesn’t ac- Groups emerge issue—allegedly illegal working paid—largely immigrant—restau- cept its final offer at that time. to organize workers; conditions at the company that rant and food-service workers in The two groups have been ne- provides the meatpacking-district the city. Spearheading these cam- gotiating sporadically since their established unions eaterie’s seafood, a company called paigns is a new wave of worker ad- three-year agreement expired in Wild Edibles. vocacy groups. July. The talks have been especial- join in the effort Later that day, the campaign They include Brandworkers ly contentious because the league BUSINESS LIVES culminated with the filing of a law- International, the outfit that put wants to eliminate a number of ASPERGER’S BY LISA FICKENSCHER suit in federal court claiming that together last week’s protests. It is long-standing work rules that ON THE JOB Wild Edibles does not pay staffers led by Daniel Gross, who first would reduce stagehands’ hours at Some workers overcome customers of the popular French overtime and illegally sacked sev- achieved notoriety three years ago a time Broadway is breaking box- a disability PAGE 45 bistro Pastis got more than they eral of them for union activities. when he began organizing Star- office records. bargained for early last week. Out- Those actions are part of a re- bucks baristas. Another is Restau- The league says the work re- side, 20 chanting, sign-waving cent explosion of efforts aimed at See NEW YORK on Page 8 See LOCKOUT on Page 7 AT DEADLINE MACY’S INC. IS EXPANDING IN 1440 BROADWAY, on the New ER procedure: bilking insurers? northeast corner of West 40th Street, by leasing the entire 13th floor—roughly 36,000 square feet.The retailer Health plans say docs take unfair advantage already leases the sixth and of law guaranteeing emergency coverage seventh floors. Including the new space, Macy’s is renting He also works hours in the 105,000 square feet in the BY GALE SCOTT rough-and-tumble world of the building, which has an average hospital’s emergency room, an un- rent of $57 a square foot, lenox hill hospital plastic sur- pleasant duty made more tolerable according to Craig Panzirer of geon Scot Glasberg has a thriving by the opportunity to treat patients building owner Monday private practice on Park Avenue whose health plans will pay above Properties.The lease expires in and a leadership role with the what he normally gets. See AT DEADLINE on Page 2 American Society of Plastic Sur- Though Dr. Glasberg says his geons. bills are reasonable, health insurers say that many physicians are taking unfair advantage of a state law 39 5 guaranteeing that patients’ emer- gency care costs will be covered,re- gardless of whether the doctor is in ELECTRONIC EDITION a plan’s network. As a result, insur- ers often pay non-network doctors buck ennis far higher fees for emergency sur- DR. SCOT GLASBERG of Lenox Hill Hospital says there’s nothing wrong with nonparticipating NEWSPAPER See INSURERS on Page 10 doctors billing health plans more, because most insurers pay doctors so little. 71486 01068 0 CNYB 09-24-07 A 2 9/21/2007 8:15 PM Page 1 AT DEADLINE Continued from Page 1 Co. to handle all food service at Knicks commit foul 10 years. the center. Formerly known as the Museum of Television and THE HALF A PERCENTAGE POINT Radio, the center is in the midst CUT IN SHORT-TERM interest rates of a capital campaign to raise by the Federal Reserve last week $20 million. It does not by going to trial is expected to help earnings at currently provide regular food New York City banks and service. thrifts. Community banks and thrifts, which rely more on PACE UNIVERSITY OPENED A 500- Experts dumbfounded by interest rates than fees, have STUDENT RESIDENCE HALL in been hurt most by high short- lower Manhattan last week. decision not to settle; some term rates for deposits without Pace, in partnership with private corresponding rates for dorm contractor Educational mortgages and other longer- Housing Services, leased the see Dolan’s ego at work term loans. Institutions that newly renovated building on 55 were most squeezed in the John St. to help students who BY HILARY POTKEWITZ second quarter—and therefore have internships and jobs may stand to benefit by the downtown. With the new regardless of the outcome of the sexual short-term rate cut—include residence, the number of Pace Astoria Federal, which had a net students living downtown totals harassment case against Isiah Thomas and interest margin of 1.6%; Dime more than 1,200. the New York Knicks, the team dropped Community, 2.3%; and New the ball by not settling the case before it York Community Bank, 2.4%. STRAWBERRYFROG, A went to trial. MANHATTAN BOUTIQUE ad Home MAGAZINE, HACHETTE agency, has expanded into South Experts on sexual harassment say the FILIPACCHI MEDIA’S No. 3 America, opening an office in Knicks should have known that the team shelter title, has a new editor in São Paulo, Brazil, with a dozen would become fodder for the tabloid chief. Olivia staffers.The firm, which is eight Monjo, editor years old and bills about stories that have tarnished the in chief of $300 million annually, also reputations—some believe rightfully—of Woman’s Day has offices in Amsterdam players, coaches and executives. Special and Tokyo. Some observers believe the Knicks felt Interest Publications, US AIRWAYS CANCELED 14 the plaintiff, Anucha Browne-Sanders, will also SHUTTLE FLIGHTS at was holding out for too much money and so take on that La Guardia Airport on chose to take their chances. role at Friday after pilots staged a job “It is beyond shocking to me that this even Home. action and called in sick. The Donna Sapolin, sick-out was part of a larger went to trial,” says Margarita Ramos, principal Home’s longtime editor in chief, protest that affected 30 US of Human Capital Consulting, a legal and will devote herself to Hachette’s Airways flights throughout the human resources consulting firm. Most new shelter portal, Northeast. More than 100 Pointclickhome.com, as its pilots failed to report for work. companies and organizations “would never executive editor.The site will At La Guardia, up to 1,600 even go near the idea” of a trial, she says. launch later in the fall. passengers were affected by the Ms. Browne-Sanders claims that Mr. canceled flights. A US Airways Thomas, the Knicks coach and president of THE PALEY CENTER FOR MEDIA IS spokeswoman pointed out that HE SHOOTS, MISSES: CONSIDERING BUILDING a café at all of the passengers were basketball operations, subjected her to The team’s case wasn’t its 25 W. 52nd St. location and transferred to Delta Air Lines inappropriate and degrading behavior and helped by Isiah Thomas’ I recital of how and when has hired catering firm Chef & flights. unwanted sexual advances, and that she was to aim abusive language at women. fired for filing a sexual harassment lawsuit. s e g During the trial, the Knicks have been a m i y THIS WEEK IN CRAIN’S portrayed as grossly insensitive to women, t t e See KNICKS FAULTED on Page 8 g IN THE MARKETS ---------------------------4 GREG DAVID ------------------------------------13 THE INSIDER------------------------------------14 WEEK IN REVIEW -----------------------16 ACCOUNTING REPORT --------17 SMALL BUSINESS ------------------- 28 Jason Binn Janine DiGioacchino Mark Gordon Wendy Cai 47 REAL ESTATE DEALS--------------32 NEIGHBORHOOD ONLINE NOMINATIONS JOURNAL------------------------------------------35 CRAIN’S SEEKS NEW YORK’S RISING STARS; THE WEEKS AHEAD ----------------36 CLASSIFIEDS ----------------------------------41 READERS TO HELP SELECT ‘40 UNDER 40’ BUSINESS LIVES------------------------45 THE NOMINATION PROCESS for Crain’s New York Business’ Visitors to the site will find an online nomination form, popular “40 Under 40” feature is beginning. Starting answers to frequently asked questions, and articles on CORPORATE LADDER-------47 Tuesday, readers can visit www.NewYorkBusiness.com past winners along with photos of each honoree, including 50 EXECUTIVE MOVES--------------48 to nominate candidates who they believe deserve to be the 2007 rising stars shown above. BOB LAPE ---------------------------------------50 honored in the special section, which has been published Every year, Crain’s editors and reporters make their for 19 years.