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TOPSTORIES A happy Mother’s Stronger rupee Day at accelerates Indian CafeMom investment in NYC Page 2 PAGE 2 ® People with jobs watch their paychecks shrink VOL. XXIV, NO. 18 WWW.CRAINSNEWYORK.COM MAY 5-11, 2008 PRICE: $3.00 PAGE 3 Nets call full-court press to sell luxury Retailers suites at new arena NEW YORK, NEW YORK, P. 6 ignore tax Responsible business meetings; fantasies about OH, STUFF IT: Così rebates has posted calorie moving Javits data, but some chain owners say they won’t REPORT, PAGE 17 do so until the city sparked among national chains can actually fine them Few plan special across the country. Wal-Mart, for for failure to comply. promotions to bring example, is offering to cash the BUSINESS LIVES checks for free,in the hope that cus- in shoppers; leaving tomers will spend the money before Web gives money on table? leaving the store. Radio Shack is moonlighting giving customers a 10% discount if musicians an edge they use their checks to buy at least RESTAURANTS BY ELISABETH BUTLER CORDOVA $50 worth of goods. The leftover PAGE 35 sum will go on a prepaid Master- more than 2 million households Card that can be used anywhere. in New York City are slated to re- In the city, retailers are taking a ceive government rebate more laissez-faire ap- Calorie counting? checks worth at least $600 in proach.Some assume their the coming weeks, but you 26% customers are too wealthy wouldn’t know it by looking PERCENTAGE to receive the checks.Oth- of consumers in retailers’ windows. who plan to ers don’t have the man- Fat chance Few of the city’s shopping spend their power to organize a check- destinations are using special rebate cashing service, and a few Some eateries ignore new city rule; promotions to attract the seem afraid that it might millions of dollars that will flood make them appear downscale. diners shrug off posted info consumers’ wallets in the next two Among the retailers that decid- months, despite the frenzy of con- ed against launching special pro- sumer deals that the checks have See FEW RETAILERS on Page 8 BY LISA FICKENSCHER AT DEADLINE courtesy of new rules that went into effect last week, A DEPARTMENT OF CITY diners at chain restaurants in New York were supposed to be PLANNING STUDY TO BE told how much of a caloric punch their favorite foods Stressed-out summer released today shows a pack—and to adjust their orders accordingly. shortage of supermarkets in It didn’t quite work out that way. Harlem, eastern Queens, At the Così on East 44th Street, Vania Bernardino looms at airports northeast Brooklyn and all of the Bronx. Fewer than 25% of glanced up at the menu board and was shocked to find food retailers in those areas are that her favorite sandwich, the Tuscan Pesto Flight caps provide likely to sell fresh food.These Chicken, boasts a whopping 809 calories. À LA CARTE neighborhoods also have the After a moment’s hesitation, she went little relief; delays Sample of current airline charges. highest rates of diet-related ahead and ordered it anyway. may top ’07 levels diseases, such as obesity, “If I came here every day, Carrier/Item/Fee diabetes and heart disease. See COUNTING CALORIES on Page 8 AMERICAN study. Chelsea and midtown BY HILARY POTKEWITZ Infant on lap had the best access to fresh 10% of adult fare groceries, while not a single many new yorkers have planned CONTINENTAL district in the Bronx or happy,carefree vacations in distant Extra checked luggage* Brooklyn achieved the city’s places this summer. $25-$100 a bag recommended levels of It’s too bad that those journeys DELTA grocery store footage relative must begin and end with what is Phone booking to population density. expected to be a nerve-rattling trip $25 through air-travel hell. JETBLUE ALICE TULLY HALL WILL RE- Despite the government’s high- Seats with extra legroom $10-$20 OPEN FEB. 22, 2009, WITH A ly touted efforts to ease congestion two-week celebration of per- at the city’s three major airports, NORTHWEST See AT DEADLINE on Page 2 flight delays are predicted to top Animal-head hunting trophies $100 an antler buck ennis last summer’s dismal record.Then, nearly 40% of flights originating in UNITED

18 New York’s airports departed late, Oversized luggage $150 5 COMINGNEXT WEEK and crowded terminals over- SMALL BUSINESS: Newest generation of whelmed service personnel. US AIRWAYS In-flight sandwich tech entrepreneurs feeds on New Though it’s only May, pressure $10 York’s strengths; plus, lawyers gird for is already building. Airlines have *Most U.S. airlines now charge for more than recession, and sheet makers bed down added about 30 flights a day at area one checked bag. Source: Web sites

NEWSPAPER See STRESSED on Page 9 71486 01068 0 CNYB 05-05-08 A 2,3 5/2/2008 7:50 PM Page 1

AT DEADLINE Continued from Page 1 job postings in the New York Mothers’ little helper formances featuring nine pre- metropolitan area fell 14% mieres, Lincoln Center execu- compared with February levels, tives will announce this week. to about 267,000. Online job CafeMom finds a winning online formula The concert hall has been ads in the region have fallen closed for the past year for a 17% so far this year. BY AMANDA FUNG major renovation that includes a new auditorium and a three- THE LANDMARKS cafemom will have a lot to celebrate this Mother’s Day. After seven years of trying to story glass lobby.The project is PRESERVATION COMMISSION develop a successful business model, it finally has one that’s working. the largest piece of Lincoln scheduled an additional hearing Center’s $1 billion overhaul. All Tuesday on St. Vincent’s Following two false starts, the Manhattan firm transformed itself into a site exclusively for tickets for performances during proposal to build a hospital mothers 15 months ago and has since become one of the fastest-growing women-oriented the two-week opening will cost in the West Village. Com- destinations in the country. Now ranked No. 2 in the maternal category, CafeMom expects to $25 or less. missioners are expected to reveal their opinions on the have revenues of $10 million this year and to double membership to 2.5 million. MODEL TRAIN MAKER LIONEL, plan, which has sparked The company was founded in 1999 as ClubMom, a site that specialized in parenting WHICH EMERGED FROM A LONG opposition in the community, information and ran a shopping rewards program. When the tech bubble burst shortly after, bankruptcy last week, is moving although it isn’t clear whether ClubMom trimmed staff, abandoned the Web and ran offline shopping rewards programs by its headquarters to New York the commission will vote on See A WEB SITE on Page 8 City from Chesterfield, Mich. the plan. The company’s owners, who include pop singer Neil Young THE UNION THAT REPRESENTS and Chief Executive Jerry 22,000 PROFESSORS, Calabrese, expect 108-year-old adjuncts and professional staffers Lionel to generate $70 million at the City University of New in sales this year.The company York is ramping up efforts to win will introduce new train sets a new contract for its members, and partner with New York who have been working without institutions such as Macy’s and a deal since September. the Metropolitan Transporta- Members of the Professional tion Authority to develop Staff Congress brought a special projects. CUNY board of trustees meeting to a momentary halt THE NEW YORK JOB MARKET last week, chanting “CUNY CONTINUES TO LOOK BLEAK AS needs a raise,” says a union the economy weakens. Job va- spokeswoman.The union cancies posted on the Web con- contends that CUNY salaries— tinued to take a dive for the sec- which average $99,000 for a ond consecutive month this professor and $63,000 for an year, according to data released assistant professor—are 20% by The Conference Board. Last lower than those at comparable month, the number of online colleges in the area. ALL ABOUT MOMS: CafeMom founders CORRECTIONS Michael Sanchez (left) and Andrew Robina Schepp was named interim vice president of enrollment management at Pace University Shue surrounded by by former President David A. Caputo. The timing of the move was misstated in an April 28 story. some employees— CoStar’s April 7 ranking of the firms with the highest volume of Manhattan commercial who are all moms. property sales in 2007 should have listed Cushman & Wakefield Inc. with 41 deals worth a total of $12.4 billion, a 939% one-year increase in dollar volume. ABS Partners Real Estate should have been included at No. 17; the firm was involved in five sales worth $198.0 million, an 87% gain.

buck ennis THIS WEEK IN CRAIN’S ALAIR TOWNSEND ------11 Investment begins to flow t THE INSIDER------12 WEEK IN REVIEW ------14 Companies with years and a softening U.S. economy smaller digital media and technology REPORT: MEETINGS are prompting cash-rich Indian firms. The Indian behemoth Tata cash find more companies to boost investment and Group, which bought the AND CONVENTIONS------17 establish headquarters here in order Pierre Hotel two years ago affordable targets as to tap North American markets. and began a $100 million REAL ESTATE DEALS------28 economy softens Despite a projected renovation in January,is hunt- 37 drop in India’s ing for other CLASSIFIEDS ------30 GDP properties. NEIGHBORHOOD BY SAMANTHA MARSHALL growth Mean- rate to about while, Indian carrier Jet Airways JOURNAL------32 the timing couldn’t be better for a 8% from 8.7% TAKING OFF: Air India launched a service hub here last major shopping spree as far as Gau- in 2007, busi- seeks a berth in the August,and Kingfisher Airlines and SMALL BUSINESS ------34 rav Mirchandani is concerned. The nesses there are New York market. Air India are expected to do the Indian investor is hunting for office looking to ac- same before the end of the year. BUSINESS LIVES------35 space and plans to buy at least two quire or ex- THE WEEKS AHEAD ------36 small tech firms to establish a pand. More U.S. companies are be- Bank branches CORPORATE LADDER------37 beachhead in the United States. ing put on the block, and assets like “new york is an important market “You can get better deals and bet- real estate are becoming obtainable. for these airlines because the EXECUTIVE MOVES------38 37 ter valuations here compared to six “Companies here are now af- amount of business traffic is a mul- BOB LAPE ------38 months ago,” says Mr. Mirchan- fordable targets,” says Dharmesh tiple of what it used to be,” Mr. dani, board member of Bangalore- Pandya, Northeast leader of Pandya says. vol. xxiv, no. 18, may 5, 2008—Crain’s New York Business (issn 8756-789x) is published weekly by Crain Communications Inc., 711 Third Ave., New York, NY 10017. Periodicals based ChaYoWo Technology Solu- KPMG’s U.S.-India practice,which The opening of a midtown postage paid at New York, N.Y. and additional mailing offices. Postmaster: Send address tions and founder of Maxa Group, a has grown to 12 dedicated profes- branch earlier this year by one of In- changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call (888) 909-9111. Fax (313) 446-6777.$3.00 a seed fund focused on South Asian sionals in the past year. dia’s largest private financial institu- copy, $59.79 one year, $109.79 two years. (GST No. 13676-0444-RT) ©Entire contents businesses. New York City is attracting in- tions, ICICI Bank Ltd., is another copyright 2008 by Crain Communications Inc. All rights reserved. A rupee that’s gained almost 15% vestments in finance,hotels,residen- sign of things to come. The bank against the dollar over the past two tial property and airlines,as well as in will offer commercial services, in-

2 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 2,3 5/2/2008 7:51 PM Page 2 Time on their hands

workers’ salaries, says Chief Execu- Even with jobs, tive Robert Mackasek. Overtime is some workers find out; the company plans to reduce its fleet by 10%; and drivers are on pace cutbacks in hours to earn $1,500 less this year,even be- squeeze their pay fore taking fuel increases into ac- count, he says. Dwindling paychecks and hours BY DANIEL MASSEY aren’t limited to drivers. In a survey of New York restaurants conducted the black cars parked in front of last week by StarChefs.com,67% of the city’s Indian food shops are an respondents said business was ominous sign for the economy. down, with most seeing drops be- “You can see all the limos lined tween 10% and 20%. Tips fell at up outside the delis because they’re 33% of restaurants, and 54% have waiting for a job,” says Jasvir Singh cut back on staff, the survey Gill, a 47-year-old driver who now showed. spends more time visiting with driv- New Yorkers who work for ers outside the groceries and reading themselves have also been earning newspapers than driving executives less. around the city. “Sometimes after two hours, you’ll get one.” No overtime for attorneys Mr. Gill—whose pay has plum- contract attorney Jennifer meted 30% to about $700 a week, Blankstein, 33, says pay rates are leaving him worried about making dropping and firms are starting to mortgage payments and helping his cap overtime, a key source of in- son through college—is in the van- come. JASVIR SINGH GILL, guard of the looming recession. “When I started doing this two a driver, sometimes Layoffs are the most serious years ago, you could work 80 hours has to wait two hours threat to workers, but they are not a week,” she says. “Now they cap for a job. always an employer’s first move in a your hours at 50.” downturn. The slowing economy is Brooklyn graphic designer Pres-

starting to pressure workers like Mr. cott Perez-Fox, 26, hasn’t logged a buck ennis Gill, who are feeling pinched by 40-hour week since February. The shrinking hours and salaries. $1,300 he took home in March is The once-booming construc- he had no choice. enough for them to do. Across the country, cuts in hours about half what he needs to survive tion industry has also started to “What can I do?” he asks. “If the “It’s four to five hours, three days primarily affect manufacturing, but and a quarter of the amount he typ- slow, forcing supply companies and money’s not there,it doesn’t grow on a week,” he says. “We have vacation in New York City,they have trickled ically earns in a month. contractors alike to change the way trees.” every day now.” into fields like transportation, Freelance fashion designer Va- they operate. Mr. Toor no longer takes his restaurants, freelancing and con- nessa McDaniel got no work from Business at Paul Rai’s Advantage Going on commission family out to eat or to the movies. struction. Workers have had to trim her regular clients in April, so the Building Supply Corp. in the Bronx times have also been tough for For his employees, the slowdown their budgets as troubles on Wall 26-year-old from Harlem tried her was down 35% in the first quarter, Manohar Toor, president of MD has meant trading in tool belts for Street have hit home. luck with employment agencies. compared with a year earlier. To Construction NY Inc. He says the taxis. Even drivers who chauffeur the They weren’t biting, either. compensate, he switched his em- company gets only 20% of the work “Carpenters don’t like to drive highest-level executives are feeling “They’d all tell me, ‘If it makes ployees’pay packages,which used to it did a year ago, when he had a staff cabs, but sometimes you don’t have squeezed. Business at Valera Glob- you feel any better,it’s not just you,’” be made up primarily of salary, to of 10 working six days a week. Now, a choice,” he says. al, a luxury car service based in she says. “But it doesn’t really make mostly commission. They’re now he’s cut back to only two workers, Queens,fell in April,whittling away me feel better.” making 25% less,but Mr.Rai insists and most days there’s not even COMMENTS? [email protected]

ance sheets to pay for deals,” says BY THE NUMBERS Sanjeev Krishan, a partner in Price- to U.S. from India waterhouseCoopers’ transaction VENTURE DOLLARS KEEP COMING services unit,which saw a 38% jump in India-U.S. transactions last year bucking a national trend, venture capital investments try’s biggest lender,has one and predicts growth of 35% this EASTERN PROMISES branch in Jackson Heights, year. in New York City companies in the first quarter rose 35% Queens, and recently got New York faces competition from the year-earlier period. Here are the top 10 India-U.S. investment activity. regulatory approval to from other U.S. cities and from commitments through March. 1 open another. SBI plans to London, which has been winning $2 billion-plus offer more trade-related the competition for investment INVESTMENT Total direct investment in U.S. services as it expands. from emerging economies. Because COMPANY (IN MILLIONS) BUSINESS “We expect to see a many big-ticket deals by Indian $12 billion2 whole slew of other banks conglomerates are in the automo- Undertone Networks $46.7 Internet marketing services follow suit,” Mr. Pandya tive, industrial and pharmaceutical Invision $30.4 Inventory software Total M&A says. sectors, the investments have gone 3 to Chicago and Atlanta. Etsy* $27.9 Retailing products $40 billion Credit crunch For example, Mumbai-based Total annual two-way trade until now, most cross- Hindalco Industries Ltd. bought Intercept Pharmaceuticals $25.0 Pharmaceutical research border transactions have Atlanta steelmaker Novelis Inc. last Thumbplay $18.0 Wireless communications 4 involved U.S. investment year for $6 billion—among the $100 billion in India. But the account- largest single U.S.investments by an Panther Express Projected annual two-way trade $15.8 Internet access ing firms that handle many Indian company. Inform Technologies 1-Estimate, 2003-08. 2-2007. 3-Estimate. 4- By 2010. of these deals are reporting “New York should be the obvious $15.0 Web content organization Sources: Indian industry and trade officials that India is now driving place for a headquarters,but it needs Next New Networks $15.0 Recreation, entertainment about 40% of the activity. to do more to attract Indian invest- The credit crunch has ment,”says Rajiv Khanna,president Travel Ad Network $15.0 Advertising, public relations cluding providing working capital, had some slowing effect. of the India-America Chamber of acquisition financing and trade “I will not for a moment deny the Commerce. Genesis Networks $12.6 Internet multimedia services to Indian businesses that fact that financing is difficult, but a * Brooklyn-based; all others are in Manhattan. want to set up shop here. number of midsize Indian compa- COMMENTS? Source: PricewaterhouseCoopers and the National Venture Capital Association State Bank of India, the coun- nies have enough cash on their bal- [email protected]

May 5, 2008 | Crain’s New York Business | 3 CNYB 05-05-08 A 4 5/2/2008 7:52 PM Page 1

IN THE MARKETS HIGHLIGHTS REEL Getting Sirius looks like +2.0% money-losing proposition The Bloomberg/ that the company will have to pay to no significant adverse developments in Crain’s New Satellite radio company artists and weakening sales of new cars the way people listen to music—a risky York Index deep in the red; iPods, equipped with satellite radio as reasons bet, given the rapid adoption of iPods in rose 2.0% to for the downgrade. recent years and the end the cell phones pose threat The company’s $1 bil- growing audience for week at 341. ➡ lion debt load and its Internet radio. The S&P ongoing losses are also Sagging sales of 500 Index BY MATTHEW FLAMM sources of concern. new cars also pose a rose 1.2%, Sirius’ rapid very real threat to Sir- closing at ast year was a good one for growth has been fu- ius.Subscriptions have 1414. Sirius Satellite Radio. Pow- eled by an aggres- increased in recent ered by Howard Stern,tons of sive—and very expen- years because people sports programming and sive—expansion of have bought autos commercial-free music, the premium program- equipped with satellite RISERS Lnumber of subscribers soared 38%—and ming, like Mr. Stern’s radio. That source of 5-DAY 1-MONTH 3-MONTH CLOSING still the company managed to lose $565 show, Nascar races new subscribers % CHANGE % CHANGE % CHANGE PRICE million. and National Football dwarfs the growth Sir- CIT Group +19.8% -8.8% -57.9% $12.91 While that is down from a loss of $1.1 League games. A ius is seeing in the sale Phillips-Van Heusen +16.2% +10.5% -0.3% $43.01 billion in 2006, the fact is that the best merger would free the of its radios at the retail hope for the company to become a seri- two companies from level, in outlets like Interpublic +11.9% +11.1% +5.0% $9.43 ous moneymaker is a merger with its ri- bidding against each Radio Shack and Cir- A&P +9.3% +3.9% -9.9% $27.25 val, XM Satellite Radio. But even a other. Market cap $4 billion cuit City. CBS +9.3% +6.9% -4.6% $24.34 merged company might still struggle in The combined Total debt $1.3 billion “The retail business the face of competition from iPods, cell company would also Subscribers 8.3 million is really struggling,” phones and Internet radio. Meanwhile, realize big savings says David Bank, me- SINKERS the merger faces antitrust hurdles. through the elimina- dia analyst with RBC 5-DAY 1-MONTH 3-MONTH CLOSING Investors should definitely tune Sirius tion of huge overlaps Capital Markets, who % CHANGE % CHANGE % CHANGE PRICE out. in areas like marketing, operations and has also given Sirius a “neutral” rating. Travelzoo -16.0% -6.0% -36.5% $10.87 “Synergies [from the merger] will not advertising. Mr. Kraft expected such sav- Last year, Sirius’ revenue grew 45%, to Sealed Air -13.0% -8.5% -7.1% $24.53 be immediately realized and will be offset ings to total $42 million in 2008—rising $922 million. Barrington Research fore- by integration costs,” predicted Credit Bunge -9.7% +26.6% -11.1% $111.32 to a whopping $264 million in 2010.That casts 2008 revenue of $1.18 billion,an in- Suisse analyst Bryan Kraft, who down- year is also the first in which he expects to crease of 28%,with a net loss of $403 mil- Altria -5.9% -7.5% -12.2% $20.43 graded the stock to “neutral” in a report see the company post sizable profits, if lion, 29% less than it lost last year. New York Times -5.3% +1.8% +14.2% $19.77 last month. only on an operating basis. CRAINS_1-28_ unidata_brain_ad-outlined.ai 63.2566.6770.71 lpi 71.57°18.43°0.00°45.00° 1/23/2008 1/23/2008 4:00:02 4:00:02 PM PMHe also sighted higher royalty fees Even that forecast, however, assumes COMMENTS? [email protected] Process CyanProcess MagentaProcess YellowProcess Black

STOCKS TO WATCH by Erik Ipsen Dolans do it again to shareholders by mulling oddball offer for newspaper FEW MANAGEMENTS generate more ill will among shareholders than Cablevision’s ruling Dolan family. It was in classic form last week, mulling a $650 million bid for the struggling Newsday. On top of recent news that the city may allow Verizon to compete against Cablevision here, it’s no wonder that its shares lagged last week’s broad rally. The company is expected to post a 2 cents a share profit Thursday vs. a year-earlier loss. This week, insurance broker Marsh & McLennan is expected to do something it hasn’t done in a year—post an increase in quarterly profit. It comes three months after the board replaced the chief executive, a former prosecutor, with an industry veteran. The new boss wants to widen margins and restore a reputation sullied by a bid-rigging scandal. He reportedly rebuffed a bid last week for Marsh’s Kroll security unit. Shares are up 11% in the past month. Manufacturers aren’t the only ones getting a boost from overseas growth. Last week, MasterCard reported a foreign-fueled quarterly earnings leap of 65%, blowing away all forecasts. Being part of a duopoly—along with Visa—helps. The shares have soared 126% in the past year. But investors’ mad charge into the stock could be sowing seeds of trouble: The share price has been whipped to a frothy 33 times 2008’s expected per-share profit. charts: lindström bekka

4 | Crain’s New York Business | May 5, 2008 Project5 3/6/08 5:04 PM Page 1

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CNYB 05-05-08 A 6 5/2/2008 6:54 PM Page 1

VIPVIP Clients Clients VIPVIP EventsEvents •• VIPVIP VenuesVenues NEW YORK,NEW YORK We rent peace of mind. edited by Valerie Block Nationwide rental, staging, sales and installation of state-of-the-art audio visual equipment at the most competitive rates. its chief executive, the company Nets hold court on luxury suites will announce today.The firm, which has been in stealth- ext week, development mode since last the Nets will summer, designed an algorithm debut a that delivers targeted ads to N members of social networking prototype of their Frank Gehry sites. Contour Venture Partners 1.800.862.3210 - and Coriolis Ventures are backing www.kvlav.com designed, $300,000- the startup. a-year Barclays Mr. Doran spent nine years at Depend on KVL like CRAIN’S Center corporate Microsoft, first growing the software giant’s MSN Web portal suites at a splashy and then developing its online party in their New advertising business. But, he says, York Times COMFY: A corporate suite at the Nets’ new arena. “New York is where ad innovation Building showroom. happens.” To entice 185 of New York’s top CEOs to attend—and buy—the organization delivered a series of gifts over the Spade hubby’s past month, including a Tiffany key chain with a key, one of new partnership which will open a door to a free suite for the team’s less than a year after inaugural season.The arena is set to open in Brooklyn’s designers Kate Spade and husband Atlantic Yards in 2010, if developer Bruce Ratner can clear Andy Spade (below) exited their all the legal hurdles in its path. accessories business, which Liz Claiborne Inc. Brooklyn Borough President Marty Markowitz and rap bought in 2006 for star Jay-Z, a part-owner of the team, will be on hand $124 million, Mr. for the May 15 event. Spade is back in the swim. Already, 20% of the 130 luxury boxes have been He has sold to “friends and family,” says Nets Sports teamed up with Entertainment CEO Brett Yormark. longtime friend So, why the full-court press? Mr. Yormark says Anthony Sperduti to launch a corporate suites in the area will balloon to 950 from triple-threat 350 as all the new stadiums come online, including business called ones for the Yankees, the Mets, and the Giants and Partners & Jets. “I can’t take anything for granted,” says the Spade at 40 Great Jones St. marketer, who will soon announce the advertisers The duo will run buying rights to brand bars, corridors and other parts gettyimages an art gallery, a retail of the arena. store and an ad agency out of the space— about the money,” she says. though that’s not the Sweet deals She estimates her firm could earn limit.They also plan overseas up to $8 million over the next 10 to use some of the area for special years from the Mideast deals projects, such as a three-minute trendy sweet shop Chocolate alone. commercial they recently created Bar was forced to relocate its West “Doing business in New York for J. Crew’s new collection. Village store is always about survival,” she says. “The toughest thing is last month “It’s nice to know when I look explaining our plan,” Mr. when the forward that there Sperduti says. “It’s landlord took is a financial safety a curated space back the net.” POPULAR that will have art space, but PLAYGROUNDS and retail in it.” owner Alison First up for the Nelson (right) Tech guru TOP 10 summer fun retail shelves: a now has comes destinations for New York series of art books overseas deals buck ennis business executives, featuring photos on her plate. to town according to bookings on that Mr. Spade By September, she’ll open two Chief Executive Air, a found in flea Chocolate Bar shops in high-end one of the private aviation company. markets and others malls in Dubai and Doha, Qatar, brains behind BERLIN that the partners where she’s signed 10-year Microsoft’s digital took with their BLACK ROCK DESERT, Nev. licensing agreements. Next year, advertising iPhones. she’ll head to India—either business has traded CHICAGO Aaron Gavios and Bombay or New Delhi—where a his gig with the THE FRENCH RIVIERA Howard Aaron of Pakistani rice manufacturer wants Seattle-based tech Square Foot Realty HVAR, Croatia her to open stores. giant for a Big represented the While she worries about the Apple startup. IBIZA, Spain landlord in the economy and higher rent in her Joe Doran, 41, a MONTREAL deal. founding member new West Village location, she MYKONOS, Greece says her overseas ventures are risk- of Microsoft’s Contributors: Elisabeth free. “My international partners adCenter, takes the PROVINCETOWN, Mass. Butler Cordova, tell me to think of my dream helm at REYKJAVIK, Iceland Lisa Fickenscher, Chocolate Bar and not to worry Media6Degrees as Amanda Fung

6 | Crain’s New York Business | May 5, 2008 Project8 4/29/08 11:42 AM Page 1

The Creation of Something Simply Divine

Newmark Knight Frank congratulates Moshe Sukenik and David Noonan winners of the Real Estate Board of New York’s 2007 Robert T. Lawrence Memorial Award

This year’s Robert T. Lawrence Memorial Award honors the land swap of prime parcels within one of the most complex land assemblages, which will create the new Lincoln Square Synagogue, the largest synagogue to be built in Manhattan since 1927. CNYB 05-05-08 A 8 5/2/2008 7:55 PM Page 1

Counting calories? Fat chance

Continued from Page 1 come in varying sizes,calorie counts a legal appeal by the New York which I don’t, the calories would in- can’t be boiled down to a single Restaurant Association could yet fluence my decision,”Ms.Bernardi- number. Serious calorie-counters, derail the rule altogether. no explained. like Ms. Garcia, say that they will Many restaurant owners say that At many chain restaurants, din- have to continue to rely on nutri- they will not post calorie counts un- ers did not even have to make ex- tion-related Web sites to calculate til the legal process plays out or un- cuses. A number of owners had the caloric content of restaurant til the city is allowed to start fining simply ignored the rule, which re- meals. them. quires chains with 15 or more out- Some consumers point out that “The situation is still fluid,” says lets to post calorie counts on their even in cases where precise infor- a spokesman for Darden Restau- menus. Others went mation is now displayed, rants, owner of The Capital Grille, D-DAY buck ennis ahead and listed calories, the numbers seem low. Olive Garden and Red Lobster. NEW WORLD OF CALORIC CONFUSION: At Chipotle and other spots around town, diners may but with such a broad Marathon runner Man- “We are waiting for the situation find the new data more confusing than enlightening, given the huge ranges for many items. spread of data for individ- isha Narasimhan notes to become clear, and it is not at ual items as to render the 7/18 that the high-end figure this time.” information meaningless. The date when the of 628 calories for the by a series of victories for the city, the threat of a violation—even one city can start fining Chipotle Burrito Bowl is Choking on costs some restaurant owners quietly bit that doesn’t have a financial hit as- Smorgasbord of data for noncompliance well below counts that burger chain Wendy’s also says the bullet in recent weeks and sociated with it—will be enough to at chipotle, for exam- appear on some Web that it won’t comply immediately added the information to their nudge more and more restaurants to ple, a burrito is listed as sites. with the new regulation—not be- menus. follow Così’s lead. having somewhere be- The biggest problem cause of the calorie data per se, but “The law is going to pass one way “Consumers will see who is com- tween 420 and 918 calories, while a with the rules—at least for now—is because of the cost of displaying it. or another,” says Così’s chief mar- plying and who is not, because we salad weighs in at anywhere from that the majority of restaurants are The price? Roughly $2,000 for each keting officer, Chris Carroll. Be- will post violations on our Web site,” 155 to 823 calories. ignoring them. The reason is sim- of its 50 outlets here, according to sides, he adds, “if some restaurants says Elliott Marcus, associate com- “It’s such a wide range,”says Kel- ple: The regulations have no teeth. the company. are putting this information up and missioner for food safety and com- li Garcia, a Chipotle customer. “It This week, the city will begin citing “No one wants to spend the you don’t, it looks like you are trying munity sanitation. seems silly to put it there.” restaurants for failing to provide the money unless they have to,” says a to hide something.” The restaurants say that because information, but it won’t start levy- Wendy’s spokesman. The city’s Department of Health COMMENTS? their meals are made to order and ing fines until July 18. Furthermore, After a long legal battle marked and Mental Hygiene is hoping that [email protected]

Although the IRS declined to people in the boroughs will use their say how much money New York checks in stores in their neighbor- Few retailers plan rebate promos City residents will receive, more hoods, but I don’t really think it’ll than 2.7 million New York City make a difference here.” Continued from Page 1 “I was driving down the road,lis- checks might as well stay in bed,”says households reported income of less Others don’t want to openly ad- motions are Macy’s, Lord & Taylor, tening to the news talk about the re- Marshal Cohen, chief analyst at re- than $150,000 in 2006,according to dress the rebates. Saks,ABC Carpet & Home,Duane bate checks, and I thought about tail trend tracking firm NPD Group. the U.S. Census Bureau. Assuming “The retailers see themselves as Reade, Steve & Barry’s and J&R how hilarious it would be to put to- The government is sending $600 an average payment of $1,000 per fashion-forward,” says Roman Music World. gether a really good case of wine for household,New York City residents Tsunder, president of consulting “They’re just assuming that con- exactly $600,” says Tom Geniesse, will be flush with an extra $2.7 bil- firm Access 360 Media, which sumers are going to come in and owner of Bottlerocket Wine & Bottlerocket lion this spring and summer. works with youth-oriented retailers spend money,” says Roseanne Mor- Spirit. such as Quicksilver and Wet Seal.“I rison, fashion director at retail con- Although it started as a gag,a few offered a $600 Spending in stores don’t think they want that associa- sulting firm The Doneger Group. cases have already sold. Each comes the percentage of consumers tion.” Only a handful of the city’s stores with 12 bottles, including a few case of wine who are planning spend the check Many retailers may not have the are actively suggesting that con- cheapies to drink immediately and rather than save it or use it to pay off resources to implement promotions sumers spend some of their checks several expensive bottles suitable for as a joke debt has grown to 26%,up from 18% like Wal-Mart’s or Radio Shack’s. with them. cellar storage. Mr. Geniesse is even three months ago, according to “Macy’s doesn’t even have thinking of playing up the “stimulus” NPD Group. Mr. Cohen expects at enough people on the floor to take 10% bonus idea by throwing a couple of NYC least half of consumers to spend your money when you want to buy shoprite, a Keasbey, N.J.-based branded condoms into the cases. most of their rebates in stores. something,” says Elaine Hughes, supermarket chain with three stores “We’re just having a little fun to individuals who reported less than But the city’s retail executives principal of retail advisory firm in Brooklyn and Staten Island,is of- with the news,” he says. $75,000 in adjusted gross income aren’t buying into such realities. Grayson/Hughes. “How would you fering a 10% bonus to customers But retail experts say that ignor- last year and $1,200 for married cou- “I don’t think a lot of New York- expect them to facilitate cashing who use their checks to buy gift ing the tax rebate as a recession ples who filed jointly with income of ers are getting rebate checks, be- people’s checks?” cards worth at least $300. looms is leaving serious money on less than $150,000. Parents with cause New York is so high-income,” Another retailer offered a rebate the table. children under the age of 17 will re- says Todd Kenig, chief executive of COMMENTS? promotion only as a joke. “Those that don’t tap into the ceive an extra $300 per child. beauty chain Ricky’s NYC. “I think [email protected]

generate up to $500,000 for are also trying to cash in on the lu- A Web site all about moms CafeMom. crative market. “The campaign was a very effec- Additionally, analysts warn a so- tive way to garner engagement with cial network can lose its following Continued from Page 2 Shue—best-known for starring in of the biggest buying binges of their moms in and around Wal-Mart,” overnight. partnering with retailers like the 1990s prime-time drama Mel- life. It is the perfect opportunity for says Chris Actis,group media direc- “CafeMom has to be flexible and JCPenney. rose Place—who plays an active role companies to become a trusted tor at ad agency MediaVest, which change with the times,” says Emily Though the business was prof- in sales and strategy. brand.” developed the initiative. Riley, a senior analyst at JupiterRe- itable, “there wasn’t much scalabili- Mothers are increasingly using Recognizing the need for con- CafeMom has raised $17 million search. ty,” says Chief Executive Michael the Internet to find out about prod- sumer-product companies to target from venture capitalists, including Mr.Sanchez says that CafeMom Sanchez. CafeMom, a free social ucts and to get advice on a number parents, CafeMom has built its Highland Capital Partners and continues to attract members, in- networking site,was created in 2006 of practical topics. According to business around ad sales. It works Draper Fisher Jurvetson. Because it cluding younger women. The aver- in response to the surge in online ad- eMarketer, 35.3 million are regular with more than 100 advertisers, in- has been investing heavily in market- age age of its members is around 32. vertising and the MySpace and Internet users, and that number is cluding Procter & Gamble,Johnson ing and expanding,it isn’t in the black The site also continues to introduce Friendster phenomenon. expected to be 12% higher in 2012. & Johnson, Best Buy and Disney. yet. It hopes to add 20 staffers, for a new features and tools.For instance, Traffic at CafeMom has explod- Other data show that 68% of moth- Some revenue comes from typi- total of 60, by the end of the year. this Mother’s Day, members can ed. In April, it had six times as many ers who use the Web regularly buy cal banner ads, but most is generat- send one another a virtual flower page views, 140 million, and five online,and 67% of women with kids ed by custom programs, such as Staying flexible through a widget that will launch times as many visitors, 3.1 million, under the age of five get product in- Wal-Mart’s recent environmental despite the momentum, CafeMom this week. as a year earlier. formation online. sustainability campaign. As part of has stiff competition. BabyCenter, a “They found a niche and they Mr. Sanchez says: “Moms want the program, select CafeMom San Francisco-based site owned by stuck with it, regardless of their to commiserate, talk and share with ‘Perfect opportunity’ members were given $100 Wal- Johnson & Johnson, is the largest business model,” Ms. Williamson others. That’s the core as to why it “the market is huge,” says Debra Mart gift cards for eco-friendly one, with 4.4 million unique visitors says. “They are smart and savvy.” has worked so well.” He co-found- Aho Williamson, a senior analyst at products and asked to blog about a month. About a dozen newer des- ed the company with Andrew eMarketer. “New parents are in one them on the site.Such programs can tinations, like MomJunction.com, COMMENTS? [email protected]

8 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 9 5/2/2008 2:54 PM Page 1

Special-ed kids caught in financial fix

School administrators are begin- York City who require individualized teacher salaries rise and as the finan- Needy cases, cost of ning to fear that tightening re- education programs is climbing as cial struggles of individual private services up; private sources will hamper their ability to more learning disabilities are diag- donors worsen. help the growing ranks of children nosed. In 2007, the number of cases For example, educating a child at schools’ funds down who need them. hit 182,730,up 7.7% from 169,696 in Gillen Brewer costs about $45,000 a “To serve these kids costs a lot of 2003, according to the DOE. Last year per student, but $8,000 to BY SAMANTHA MARSHALL money, and the salaries are rising for year, more than 8,000 kids were vol- $14,000 of that is not covered by the teachers, speech therapists, occupa- untarily placed in state-approved DOE. To bridge the gap and stay stories of squabbles between tional therapists and counselors,” private schools by the DOE, a num- afloat, the school must raise about parents and officials from the city’s says Donna Kennedy,director of The ber that will rise as more parents push $1 million per year, about twice as buck ennis Department of Education over Gillen Brewer School.The nonprof- for access to their services. much as it did five years ago. $PECIAL ED: Serving learning-disabled kids is placements for special-needs chil- it private school on the Upper East Instead of billing lower-income costly, notes Gillen Brewer’s Donna Kennedy. dren abound, but few are aware that Side is approved by New York state Required under the law families, these schools have to raise the special-education private to serve children with multiple and under federal law, the DOE is funds privately, tapping wealthier schools that often take these kids are severe learning difficulties. required to provide for all the serv- parents,corporate donors and foun- ing public schools in all five bor- facing their own strains. The number of children in New ices that an independent evaluator dations. But the charitable dollars oughs,the DOE was at a loss to find deems necessary for each child. If are drying up fast. her an appropriate spot. Gillen those aren’t available in a public “It’s too early to tell how much it’s Brewer, which educates children up PARENTS FIGHT CITY HALL school or if classroom sizes are too going to dip, but we are starting to to age 10 with multiple learning large, the child is entitled to a place hear of several families where a par- problems, finally took her. THE NUMBER OF PARENTS fighting to get their special-needs children into for- in one of the city’s 45 nonpublic spe- ent has lost a job,”says Ms.Kennedy. “I was disappointed to be told my profit private schools on the Department of Education’s dime has more than cial-education schools deemed ap- Bennett Kleinberg’s daughter, kid couldn’t go to the school on the doubled in six years. Requests for tuition reimbursement rose from 1,519 in propriate by the state. who attends Gillen Brewer, is typi- corner like everybody else’s kid,” 2002-03 to about 3,675 in 2007-08, according to the latest DOE estimates. But many of these schools— cal of the children who need these says Mr. Kleinberg, a marketing ex- While the majority of children with learning challenges are served in the which include Gillen Brewer, The schools. The 5-year-old’s language ecutive. public school system, many kids require help from occupational and speech Parkside School, and The Churchill difficulties require intensive speech therapists, counselors and special-education teachers. Often, the DOE and School and Center—are facing and occupational therapy in a small COMMENTS? parents disagree about needs, and parents put their kids in special learning funding gaps of 20% or more as classroom setting, and after scour- [email protected] institutions like Aaron School or The Rebecca School, then sue under a federal provision known as the Carter Decision. The sums paid out in settlements on these cases has risen to more than $57 million this academic year, up from $46 million in 2004-05. In response, the DOE recently beefed up its legal team to fight such cases and avoid big payouts in an era of deep budget cuts. “It’s a huge drain on resources—money that would be better spent on the public schools’ special-ed system,” says Michael Best, general counsel for the DOE. Motivate, reward and share the magic with Stressed skies ahead Macy’s Gift Cards! For employees, clients and Continued from Page 1 would end up moving, elongating customers, a Macy’s Gift Card is airports in July and August. the day,” Mr. DeCota says. the one-size-fits-all solution for “The bottom line is that despite Packed flight traffic isn’t the only your incentive program. Shop at a weakening economy,New York re- thing that will cause congestion this over 800 Macy’s stores nationwide mains a top destination, so we’re ac- summer.Soaring fuel costs are caus- and online at macys.com! tually seeing a growth in flights,” ing carriers to cut flight frequencies Competitive discounts apply. says Bill DeCota, director of avia- and consolidate service on some tion for the Port Authority of New routes.Flights on a few large aircraft York and New Jersey, which man- replacing several flights on regional For details, call Macy’s ages the area’s three major airports. jets, and squeezed into a shorter Corporate Sales & Services The agency estimates that 31 mil- window, will cause passenger and at 1-800-452-4440 or in lion travelers will pass through the fa- baggage volume to surge at certain New York at 212-494-3620. cilities this summer. That’s 2.5% times. Having fewer flights also more than last summer, when delays makes overbooking more likely. due to congestion caused repercus- sions across the country. No sales In response, the Department of adding insult to injury, the whole Transportation restricted takeoffs air travel experience will be even more this summer at both John F. expensive this summer. Fuel prices Kennedy International and Newark have left airlines with little choice but Liberty International, limiting each to scrap their usual “summer sales.” airport to between 80 and 83 flights Many airlines now also charge an hour in peak periods. for things that previously were free. But the caps are unlikely to bring Though coach passengers are get- much relief, according to Craig ting used to paying for in-flight food Jenks, president of consulting firm and drink, carriers are now asking Airline/Aircraft Projects. Although them to pony up for extra checked the number of flights at JFK and baggage or seats with more legroom. Newark is strictly controlled between “Airlines are all in the process of 4:00 p.m. and 8:00 p.m., other hours shifting the economy cabin from all- are more flexible. As a result, airlines inclusive to ‘à la carte,’ ” says analyst have loaded up on the early side. Henry Harteveldt of Forrester Re- search Inc. He says airlines may Nowhere to go charge more for “premium seats” on the problem with adding flights in the aisle or toward the front. On the the hours leading up to 4 p.m.: If a flip side,he says,they may also charge flight is delayed it will shift into the less for those near the toilet. peak period, forcing another flight to be bumped into the next hour— COMMENTS? and so on. “The whole schedule [email protected]

r1 8615_92176.indd 1 May 5, 2008 | Crain’s New4/28/08 York 12:58:29Business PM | 9 CNYB 05-05-08 A 10 5/1/2008 8:47 PM Page 1

VIEWPOINT New strategy for Albany battle editor in chief Rance Crain publisher Jill R. Kaplan

lbany and new york are separated by amount that hardly makes them “millionaires.” EDITORIAL only 150 miles, but in political terms they That is where those who support higher taxes are editor Greg David managing editor Robert Hordt are light-years away from each other.The vulnerable. Most New Yorkers believe they already pay too deputy managing editors Valerie Block, state Legislature, with the reluctant much in taxes—they have the highest combined state and Erik Ipsen contributing editor–reports consent of new Gov. David Paterson, local tax burden in the nation—and raising them will get Elizabeth MacBride adopted a reckless $125 billion-or-so little support if it is made clear how many people will be columnist Alair Townsend senior reporters Aaron Elstein, Erik Engquist, budget—no one yet knows exactly how affected. Lisa Fickenscher, Matthew Flamm, much spending was approved—which would be almost 5% SPENDING. It is troublesome that the mantra of business Samantha Marshall, Miriam Kreinin Souccar reporters Theresa Agovino, Barbara Benson, Amore than last year’s as the economy totters. groups—that state spending has increased at more than Elisabeth Butler Cordova, Amanda Fung, Mayor Michael Bloomberg proposes a budget for the city twice the rate of inflation in the past several years—has Daniel Massey, Hilary Potkewitz, Gale Scott, Matthew Sollars that holds the line on city-funded spending. Knowing times developed no political traction. Instead, the cries of doom restaurant critic Bob Lape are tough, he preserves about $1 billion in property tax cuts that meet any proposed art director Steven Krupinski deputy art directors Carolyn McClain, and rebates. He can do that because the city salted away $4 New York has budget cuts drown out Daniel Mednick billion for any drop in revenues and because he ordered all discussion. staff photographer Buck Ennis copy desk chief Wendy Zuckerman spending reductions twice in the past several months as the held the line, It’s time for new copy editors Michele Arboit, economy weakened. tactics that emphasize Thaddeus Rutkowski but Albany just research editor Denise Southwood The obvious solution would be to move Mr. Bloomberg the way billions of associate research editor into the governor’s mansion, but he seems unlikely to agree dollars are wasted. Adrianne Pasquarelli keeps spending www.crainsnewyork.com to the change in domicile. So it is crucial for business and Digging up concrete online reporter Kira Bindrim

good-government groups to prepare for a statewide examples is crucial, EDITORIAL AND ADVERTISING OFFICES showdown over whether to continue the rapid growth in which can be used to 711 Third Ave., New York, NY 10017-5806 editorial: 212.210.0277 Fax 212.210.0799 state government even as the economy falters. Here’s what interest the media in advertising: 212.210.0259 the battlefield looks like: pursuing this aspect of the budget crisis story. Hopefully, a Cable craincom nyk TAXES. Fax 212.210.0499 The labor-based Working Families Party spent commission led by Nassau County Executive Thomas Suozzi Entire contents ©copyright 2008 Crain Communications Inc. All rights reserved. more than a year trying to build support for a tax on the that is investigating school misspending will lead the way. ®CityBusiness is a registered trademark of MCP wealthy, a cause which was embraced by Assembly Neither of these approaches will be easy, but the Inc., used under license agreement. Democrats under the banner of a “millionaires tax.’’ Because alternative is higher taxes, more spending than is reasonable, TO SUBSCRIBE: Call 888.909.9111; fax 313.446.6777. so many believe the rich benefited unfairly in the last and continuation of the political system that hamstrings the $3.00 a copy, $59.79 one year, $109.79 two years. economic boom, the public is in a mood to penalize them. New York economy. www.crainsnewyork.com But raising any substantial revenue would require higher ADVERTISING AND MARKETING Jeff Adler COMMENTS? advertising director income taxes on families making $250,000 or more, an [email protected] senior account managers Robert N. Grossman, William E. Squitieri account executives Andrew Carlin, Robert Christiaanse, Irene Irvill, Courtney McCombs LETTERS TO THE EDITOR western account manager Ellen Mazen (Los Angeles) 323.370.2477 sales manager, classified print & online John Gallagher newsletter product manager Catherine Evans Gittens GOP casts kind eye on Catsimatidis sales coordinator, print & online Lulé Haznedari sales coordinator Anita Perrino WORK-TO-RICHES residents more than any will support a well-managed $5,000 to every student who wish- credit Pat Grondziak 313.446.6082 STORY RESONATES other potential mayoral organization with a compelling es to work during the summer at a marketing director Amy Crossman aspirant. story to tell. government agency or a qualifying marketing manager Jill H. Bottomley greg david’s April 21 marketing coordinator Jenny Mashberg Certainly, his record of For groups with comparable nonprofit engaged in public interest circulation manager Andrea Richardson column on the 2009 accomplishment and missions, it is time to consolidate, legal work. It applies whether or assistant circulation manager mayoral race is off philanthropy stands up well reducing their overhead and not a student is eligible to receive Rosalie Ford base—especially in its against anything the enabling increased focus. federal work-study grants. Some general manager, interactive characterization of scandal-plagued Christine Allegiance to an organization students are funded entirely by Marc Minardo John Catsimatidis as Quinn, the hapless Bill rather than to a cause is Brooklyn Law School; for others, NEW YORK PRODUCTION someone who would howard john Thompson or the press- discouraging merger efforts and work-study funds pay a portion of production and pre-press director be shunned by MAYORAL hopefuls are hungry Anthony Weiner hastening the inevitable demise of the student’s income, and either the beginning to line up. Michael Corsi Republican Party have ever done. some venerable organizations. school or the employer pays the rest. advertising production manager leaders. daniel egers dadie perlov Brooklyn Law School also has Marilyn DeMilta The Queens County Executive director Founder, principal a loan-forgiveness program that PUBLISHED BY CRAIN COMMUNICATIONS INC. Republican Party has been Queens County Republican Party Consensus Management Group pays up to $7,000 annually for five chairman Keith E. Crain working with John Catsimatidis years to reduce the debt burden for president Rance Crain on party-building and related WRONG DIRECTION BROOKLYN LAW graduates who have taken relative- secretary Merrilee Crain efforts for over a year, and has been ON BOARDS ON LOAN CASE ly low-paying jobs in nonprofits. treasurer Mary Kay Crain encouraging him to run for mayor. Recent enactment of the federal executive vp, operations William Morrow senior vp, group publisher Gloria Scoby We believe he is the right man to it is distressing to read that i am writing in response to the College Cost Reduction and Ac- group vp, technology, circulation, continue and improve on Rudy some charities are using expansion letter by Brooklyn Law School cess Act will allow our graduates manufacturing Robert C. Adams Giuliani’s legacy of safer streets of their boards as a route to student Beth Baltimore (April 14). who enter government service or vice president/production & and Mike Bloomberg’s focus on solvency (“Struggling nonprofits She raises important issues nonprofit public interest employ- manufacturing David Kamis fiscal responsibility. seek new trustees,” April 28). about the role of the school in help- ment to have their student loan chief information officer Paul Dalpiaz corporate circulation director John Catsimatidis’ life story as an While there certainly can be a ing students begin careers in gov- balances forgiven after 10 years. Patrick Sheposh immigrant who became a self-made “give or get’’ requirement for board ernment service and public inter- We are working to harmonize our billionaire is something that all New membership, the primary trustee est. Unfortunately, the letter does program with this new legislation. founder G.D. Crain Jr. (1885-1973) Yorkers will embrace. Having role should be to set a strategic not accurately describe our policies. joan g. wexler chairman Mrs. G.D. Crain Jr. (1911-1996) started as a small businessman, he direction and let staff develop the Brooklyn Law School provides Dean understands the issues facing tactics needed to get there. People a public service grant of up to Brooklyn Law School

10 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 11 5/1/2008 8:12 PM Page 1

other area involving such discre- tionary power: so-called communi- ty benefits agreements, the tarted- up name for zoning for sale.It’s only a matter of time before these pacts are put to improper personal or po- litical use. The city’s land-use review proce- dures were changed in 1976 to pro- vide a standardized and public process and to end what many saw as the buying of favors by develop- ers. Developer-funded mitigation measures are supposed to be related to specific adverse impacts, such as traffic overload or environmental damage; negotiations on mitigation measures are supposed to be public and conducted by public officials. The revised process has been supported and enforced by every mayor except Michael Bloomberg. Today, developers are being pres- sured on many sides—including by deputy mayors—to sign communi-

john h.john howard ty benefits agreements.These pack- ages have little to do with adverse impacts but are instead designed to grease the approval process. Groups www.amper-pc.com use rezoning proposals as leverage Into the cookie jar: to extract whatever they can—jobs at specified wages, cash, housing, and neighborhood facilities. community pacts To ensure approval of a new sta- dium, the Yankees had to agree to distribute sports equipment, tickets long with tulips and daffodils, this spring has and $800,000 a year in cash to vari- ous groups. To smooth the way for brought an unusual number of political scandals Columbia University’s expansion, involving sticky fingers in cookie jars. the city paid for a local development Former Assemblyman Brian McLaughlin was corporation to negotiate with Co- convicted of stealing $2.2 million,and former As- lumbia on behalf of the community. The deal they reached commits Co- Asemblywoman Diane Gordon was convicted of soliciting a lumbia to a $150 million package, $500,000 bribe in the form of a new home. including a public school run by the university, affordable housing, legal This season we money from a nonprof- aid and $76 million over 12 years for learned that some City it group for which the unspecified programs. Council members have councilman procured The mayor has said repeatedly used campaign funds to city funding; they then that CBAs are “private matters” be- pay their rent and pay spent some of the mon- tween developers and communities. their fathers for politi- ey on his campaign. This is blatantly untrue, as evi- cal advice. Others have These people did denced by the city’s funding of steered city funds to what they did because negotiators in Columbia’s project nonprofits that employ they thought they could and its monitoring of the progress of relatives. get away with it. Their discussions in that case and others. Larry Seabrook jobs gave them power, As I see it, community benefits tried to shovel nearly ALAIR which they exercised for agreements amount to government- $1 million in taxpayer TOWNSEND their personal advan- sanctioned extortion. These chick- money to groups that tage. ens will come home to roost. seem to exist in name Law enforcement only.Two of Kendall Stewart’s staff investigators have a full plate, but I COMMENTS? members were indicted for stealing hope they turn their attention to an- [email protected]

CRAIN’S ONLINE POLL SHOULD THE 18.4 CENTS-A-GALLON FEDERAL GAS TAX BE LIFTED THIS SUMMER? SHOULD SOMETHING ELSE BE DONE? Number of respondents: 460 Cut the tax. Who doesn’t want to save a fiver with 19% every fill-up? . 28%. Don’t cut the tax. That will only take money from the highway Raise taxes on maintenance the oil companies budget. and use the .53% money to finance alternative fuels. istockphoto For this week’s questions: Go to www.crainsnewyork.com/poll to have your say.

May 5, 2008 | Crain’s New York Business | 11 CNYB 05-05-08 A 12 5/2/2008 2:36 PM Page 1

Some bill supporters believe two Republican senators will break ranks BROOKLYN BOROUGH President Marty and enable passage of the measures, Markowitz (below) took his incipient THE INSIDER but others concede that Mr. Bruno mayoral campaign—and a new level of will not allow a vote.The advocates’ seriousness—to Staten Island last week. spokesman says their point is to 2009THE RACE TO SUCCEED by Erik Engquist and Matthew Sollars Mr. Markowitz was a surprise visitor to demonstrate “what we’re going to the Staten Island Economic Development do when New York is a one-party Corp.’s annual conference. Even Mayor state,” referring to a possible MIKE Michael Bloomberg, who delivered a brief Democratic takeover of the Senate. speech at the end of the conference, Democrats eye Mr. Lopez says bill supporters— seemed surprised to see Mr. Markowitz standing next to led by Acorn and Housing Here Staten Island Borough President James Molinaro. The and Now—“have been unrelenting mayor joked that he had expected to see his favorite tougher rent rules for the last seven or eight months” borough president, but got his two favorites instead. in their demands for action. enate majority leader Mr. Markowitz repeatedly insisted in his short Joseph Bruno once said speech that he is still only considering a run for the that every time rent- Fine distinctions mayor’s office in 2009. Yet he certainly sounded S like a candidate, rattling off a list of regulation activists yell, his on Atlantic Yards improvements—including light rail lines campaign coffers are atlantic yards opponents omit and retail outlets—he hopes will spur replenished by the real estate key details when criticizing the Staten Island’s development in years to industry. History may well project’s city subsidies, supporters come. repeat itself: Four pro-tenant say. “The future of New York City

istockphoto Developer Forest City Ratner Cos. depends on the future of Staten bills were approved last week can use the city’s $100 million to Island,” he said. “Should I decide to by the Assembly Housing Committee. buy but not condemn land, and become a candidate, I look forward to Linda Rosenthal’s a.7416a would repeal vacancy decontrol, only in tandem with its own working with you.” ending the system by which apartment rents over $2,000 are investment. Officials say Forest The City Council funding scandal has City must repay the money if it tarnished Speaker Christine Quinn, who deregulated when units become vacant. A second bill, a.799, doesn’t finish the first phase on had been a favorite in the race, and left the sponsored by Housing Committee Chairman Vito Lopez, time, and would still be obligated to door open for other candidates. would forbid a landlord from taking more than one unit of a create 1,800 apartments, 35% of them affordable. Critics also getty images building for personal use and bar him from displacing mischaracterize $105 million in longtime tenants. city infrastructure work as a the top energy official in the Producers disagree with that Hakeem Jeffries’ a.10055a would restore protection of subsidy.Though listed under Cuomo administration, is being assessment. Gavin Donohue, president preferential rents. Until 2003, landlords had to honor old Atlantic Yards in the city budget, mentioned along with Paul DeCotis and chief executive of the the work is not part of the as a candidate for president of the Independent Power Producers of agreements for rents below the regulated maximum. development. New York State Energy Research New York, says: “It’s outrageous for Jonathan Bing’s a.10647 would raise the thresholds that and Development Authority. him to say that. It’s our No. 1 allow deregulation of rents.Tenants with income of at least Two good names Mr. Murray was commissioner legislative issue between now and $240,000 for consecutive years and rent of at least $2,700—up of the state Energy Office, which the end of session.” Mr. Donohue for Nyserda was later combined with Nyserda. says that his organization has from $175,000 and $2,000—would lose rent protection.The He is now a senior adviser to worked with NRDC to pass Article amounts would rise with inflation. consultant Frank Murray, who was Ecology and Environment Inc., a X but that the environmental group firm based outside Buffalo. Mr. has set back the effort by DeCotis is deputy secretary for downplaying the need for more energy in the Paterson generating capacity. administration. While Article X is a long shot, President Paul Tonko resigned last voters favor bills on climate change, month to run for Congress. so legislators are certain to pass at least one this election year. A likely choice is a “net metering” bill to New force allow private solar panel owners to in politics sell power to the grid.The Assembly and Senate are close to the 72,000-member Freelancers an agreement, and Marcia Bystryn, “Prince Sports relies on the port of Got a grip on your supply chain? Union is poised to become a bigger who runs the New York League of New York and New Jersey to get Our region’s businesses rely on the port player in politics.The Brooklyn- Conservation Voters, calls it “pretty for everything from high tech racquets our game-changing performance based advocate for independent much a sure thing.” to hammers and nails. And it does it workers is establishing a political Net metering is supported by technology to our customers. Just with your bottom line in mind: arm that can endorse candidates. environmental groups, but its initial as we provide players with the tools • The cost of doing business at the port has The group is also close to setting up impact on carbon emissions they need, the port provides us with the decreased in the last decade state and federal political action statewide would be minimal. committees.Top priorities will be supply chain efficiency that we need. Thanks to • Port operations have become more efficient, with direct environmental benefits making health insurance affordable the port, our O3 racquets and other high performance and reforming unemployment • The port of New York and New Jersey can technology is distributed on three continents and insurance and the unincorporated help you reach the largest and wealthiest business tax. to more than 100 countries. The port of New York consumer market in the world and New Jersey provides the infrastructure that You can depend on the port to has made Prince a court-side legend.” make your business a winner: Article X game, set and match. up in smoke

George Napier • CEO and Chairman of the Board • Prince Sports Inc. article x, the expired power plant siting law, stands little chance of being renewed this session, Albany observers say.The bill has supporters but lacks a champion, notes Ashok Gupta of the Natural Resources Defense Council. “Everybody pretends they want it,” The men and women of the port of New York and New Jersey... he says, “but nobody is really for it.” Mr. Gupta claims that power generators don’t really want Article

X because it would bring new bloomberg news New York Shipping Association, Inc. © 2008 plants and thus lower the price of POWER GENERATORS may not really want electricity. the new plants Article X would bring.

12 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 13 5/1/2008 8:48 PM Page 1

More mortgage borrowers fall behind

previous quarter, according to a re- health of loans. “Once a consumer ter, up 51% compared with the Past-due rate rises in port by TransUnion.com, a credit gets to that level, the probability of previous quarter, according to all boroughs, but total and information management firm. them ultimately being foreclosed on PropertyShark.com. The delinquency rate climbed in is very high,” says Keith Carson, a At the same time, mortgage debt

bloomberg news debt drops; home all five boroughs, with the steepest senior consultant in TransUnion’s in the city decreased in the fourth BLOOMINGDALE’S won’t be hit with a strike. hike coming in Staten Island,which financial services group. quarter,compared with the previous prices declining? rose more than 16% to 2.45% of When compared with the year- one.All five boroughs saw a decline, mortgage holders. Brooklyn and ago figure,the rise in the city’s delin- with the sharpest drop coming in BY DANIEL MASSEY Queens both rose nearly 12%. quency rate is even more stark, up Manhattan; the average mortgage Bloomie’s The Bronx, Brooklyn and 74%.The national delinquency rate debt there fell 14%,to $465,860,the the percentage of mortgage bor- Queens all had 60-day delinquency is expected to reach 4% by the end of TransUnion report says. Lower rowers in the New York City area rates higher than the national aver- the year before starting to decline in mortgage debt is usually a sign that workers who were 60 or more days past due age—almost 3% of borrowers. 2009, the report says. home prices have dropped. on payments reached 2.5% in the The 60-day delinquency is typi- There were 918 new foreclosure agree to fourth quarter, rising 15% over the cally a benchmark indicating the auctions in the city in the first quar- COMMENTS? [email protected] contract Pact provides wage increase, paid days off for holiday work Growing your Banking like you’re BY ELISABETH BUTLER CORDOVA business. already big.

bloomingdale’s averted a strike with union workers at its flagship store just hours before their current contract was set to expire. Late last week, members of Lo- cal 3 of the Retail, Wholesale and Department Store Union approved an agreement with Bloomingdale’s executives that finalizes everything but the workers’ health care plan. The parties agreed to extend nego- tiations on the issue for two weeks. The union rejected the store’s plan to switch to a proposed HMO and is now pushing for Bloomingdale’s of- ficials to merge the current medical plan with a union-run program. The new four-year contract, which covers everyone from stock- room workers to salespeople, calls for a guaranteed wage increase of at least $2.15 per hour over the next four years. For example, a gift wrap- per currently making $9.50 an hour When you’re growing your business, cash management will make at least $11.65 an hour by new discounts on is essential. That’s why Citibank offers a range of cash 2012. Employees can earn another cash management solutions 30 cents per hour, if the store is pro- management solutions — a set of cash-flow tools specially ductive enough. designed to help your business process funds faster and Some concessions more conveniently. It’s big-time banking, no matter how ACH electronic payments with no monthly fee for 6 months the union rejected a performance- big you are. based increase that would have al- lowed store officials to judge each debit and credit card processing with no monthly fee for 36 months employee’s performance individual- Right now, when you open a new CitiBusiness® Checking ly.And for the first time,Blooming- Account and maintain a balance of $10,000 or more, dale’s will have to get permission remote check deposit with from the union before hiring addi- you’ll pay no monthly checking fees for a year and have no monthly fee for 6 months tional employees to work on com- access to our cash management services at special mission. The store also will have to basic lockbox with provide two paid days off to any em- introductory discounts. no monthly fee for 3 months ployee who works during a holiday. Union workers last month au- 6 free domestic outgoing wires thorized a strike against the Bloom- Get your business growing today. Stop by a Citibank ingdale’s flagship to pressure negoti- branch or call 866-801-4704. ations with the store.Local 3 has not walked out on the store since 1965. “Bloomingdale’s and Local 3 have worked together since 1938, when the first contract was signed,” noted Ida Torres, president of Local 3, in a statement. “Our relationship is one of mutual respect.” You must open a new CitiBusiness® Checking Account by 6/30/08 and maintain a minimum average monthly balance of $10,000 to qualify for these promotional fee waivers. Checking balances cannot be transferred from an existing account held at Citibank. Existing customers are not eligible for this offer; speak with a Citibank representative about available discounts and special pricing offers that may apply to existing customers. Offer limited to one waiver per service per company. Transaction fees for cash management solutions will still apply. Monthly fee waiver on ACH electronic payments limited to outgoing credit transactions only. Free domestic outgoing wires limited to one per month for six months. Debit and credit card processing services are offered and fulfi l led by Citi COMMENTS? Merchant Services provided by First Data Merchant Services Corporation. CitiBusiness Streamlined, Flexible, Interest and Not for Profi t Checking Accounts are not eligible for this offer. Offer may be modifi ed or withdrawn at any time without notice. ©200 8 Citigroup [email protected] Inc. Citibank, N.A. Member FDIC. Citi, CitiBusiness, Citibank and Citibank with Arc Design are registered service marks of Citigroup Inc.

May 5, 2008 | Crain’s New York Business | 13

132833_1a_v1 1 4/15/08 1:19:08 AM CNYB 05-05-08 A 14 5/2/2008 2:37 PM Page 1

WEEK IN REVIEW For daily news updates, go to www.crainsnewyork.com

about the fall of former Gov. Eliot ECONOMIC SPOTLIGHT Spitzer. Penguin Group’s Portfolio imprint will publish the book. City cuts back on parking passes mayor michael bloomberg reduced the number of free- parking placards distributed to law enforcement agencies and city departments by nearly 25,000, responding to criticism that the passes are misused.The permits give city employees free street parking privileges while on official business. Aqueduct redevelopment City budget holds spending sl green realty corp. said it will work with Hard Rock MAYOR MICHAEL BLOOMBERG unveiled a $59.1 billion city International on a redevelopment budget proposal that would keep spending essentially flat plan for Queens’ Aqueduct while preserving last year’s 7% property tax cut and a $400 racetrack. SL Green’s proposal, one of three submitted to the annual rebate for owners of one- and two-family homes. state, includes a gaming area with Still, Mr. Bloomberg warned that the 7% cut—which costs 4,500 video lottery terminals, a Economy Watch the city around $1 billion annually—will probably not be Hard Rock hotel, and retail and outlet shops. The gap between the NYC and U.S. jobless rates is widening. Health services possible after next year, because projected budget deficits and food services were among the big job gainers in the year ended in March. and a worsening economy will depress city revenues. FEBRUARY ’08 MARCH ’08 COMPARISON WB gets digital landov NY area inflation change +0.5% +0.9% +3.8%1 time warner inc.’s Warner Bros. NYC unemployment rate 4.4% 4.6% 5.1%2 Bloomberg Rules for Business and will launch WB.com and Verizon wins Politics), his second book after the KidsWB.com to capture NYC employment change +900 3 n/a +43,700 cable approval 1997 autobiography, Bloomberg on additional ad revenue and attract 1-Inflation rate for the latest 12-month period. 2-U.S. unemployment rate. 3-Change for the Bloomberg. Vanguard Press will younger users. ... Warner Bros. will latest 12-month period. n/a Not available. verizon communications inc. release the title later this year; begin releasing its movies via won cable franchise approval from proceeds will go to the World video-on-demand services on the the city’s Department of Trade Center Memorial same day as their DVD release. NYC Hotel Stats Broadway Stats Information and Foundation. Telecommunications for its FiOS A Juicy lawsuit Average hotel occupancy and room Attendance and gross rose in the cable-TV service.The agreement, rate climbed in March, PKF Con- week ended 4/27, The League of which includes a franchise fee and Time Warner liz claiborne inc.’s Juicy sulting reports. First-quarter averages American Theatres and Producers a $10 million grant to NYC TV, spins off cable Couture sued Limited Brands were 81.4% and $273.71, respec- says. The 51 previews and 228 per- must be approved by a city Inc.’s Victoria’s Secret chain for tively, compared with 79.3% and formances played to houses filled to franchise review committee and time warner inc. announced allegedly using packaging nearly $251.53 in the same period of 2007. 85.76% of capacity overall. the state Public Service plans to fully separate its cable identical to its 2005 Sweet Commission. services division, a Shoppe line. widely anticipated response to Wall Cablevision’s Street’s demands that it Newsday bid ap images refocus on media content. cablevision systems corp. Time Warner holds an 84% stake reportedly will bid around $650 in Time Warner Cable, which million for became a separate publicly traded Eos Airlines files Tribune company last year. for Chapter 11 Co.’s Newsday, business-class airline Eos, topping City Council OKs which offered flights between existing Harlem rezoning New York and London, ceased bids from operations and filed for Chapter New York the city council approved a 11 bankruptcy protection.The Capital IQ’s Weekly Deals Report Post owner plan to rezone dozens of blocks in airline joins a number of other News Harlem’s main business district, carriers to shut down in recent TRANSACTION SIZE Corp. and despite objections from residents weeks amid soaring fuel prices, COMPANY/LOCATION (in millions) BUYER/INVESTOR TRANSACTION TYPE Daily News who say the development will including Aloha Airlines, Interpharm Holdings Inc., $123.5 Amneal Pharmaceuticals SB M&A owner Mortimer Zuckerman. erase the neighborhood’s Champion Air, ATA Airlines and substantially all assets Hauppauge, L.I. Cablevision’s bid would be the character.The new plan allows for Skybus Airlines. second offer to challenge an condominiums, performing arts Travel Ad Network $15.0 Village Ventures, Rho Ventures, GCI Manhattan individual investors informal $580 million agreement spaces, and a 21-story office tower. Citi’s stock sale NF Roasters Corp. $4.1 Roasters Asia Pacific (Cayman) Ltd. SB M&A reached last month between Westbury, L.I. Newsday and News Corp. under pressure to bolster capital Planet Payment Inc. $3.0 Camden Partners Holdings GCI Penguin plans depleted by mounting losses, Long Beach, L.I. Spitzer book Citigroup Inc. sold $4.5 billion Media6Degrees $2.0 Coriolis Ventures GCI Bloomberg’s worth of stock, 50% more than it Manhattan book of rules author peter elkind and had initially planned.The sale Selected deals announced during the week of April 20 for companies headquartered in metro New filmmaker Alex Gibney, the brains represents about 3% of the bank’s York. GCI: Growth capital investment represents new money invested in a company for a minority mayor michael bloomberg behind a book and documentary shares outstanding on March 31. stake. SB M&A: Strategic buyer M&A represents a minority or majority acquisition of existing shares of a company without the participation of a financial buyer. announced plans to author Do the about the collapse of Enron, will —from staff reports and

bekka lindström bekka Hard Things First (And Other collaborate on a similar project bloomberg news reports

14 | Crain’s New York Business | May 5, 2008 Project10 4/23/08 4:29 PM Page 1

ENJOY IT.

CRAIN’S PRESENTS Building upon its 23-year history as the most trusted name in New York business, Crain’s is giving readers the opportunity to tell us why their company is the best place to work. Nominations are now open for this inaugural NYC honor, recognizing outstanding employers in the five boroughs. Companies will be profiled in Crain’s New York Business and honored at a fall 2008 event.

Does your company allow you to:  Work with a stellar group of people?  Do what you enjoy?  Explore new opportunities for growth?  Follow your own path?

Tell us why your company is so great by nominating it as one of New York City’s Best Places to Work at www.crainsnewyork.com/bestplaces CNYB 05-05-08 A 16 4/30/2008 5:24 PM Page 1

Imus’ return less than earth-shattering The show’s 1.5 share of that au- in September on WFAN, surged to Broadcasting, the parent company New show ranks dience was a 17% drop from last fifth place among men aged 25 to of WABC, says he’s not concerned below his old spot, year, when Curtis & Kuby held the 54, the station’s target audience. A about the latest results, which were slot and were tied for 18th place in year earlier, Mr. Imus’ morning obtained using paper diaries. In the program he replaced the demographic.Among men aged drive show was in 11th place. fall, Arbitron plans to switch to 25 to 54, Mr. Imus’ show was No. The newcomer, hosted by foot- portable people meters, which pro- BY MATTHEW FLAMM

18—down from No.16 a year ago— ball great Boomer Esiason and for- vide more details about listeners. getty images with a 2.2 share,8% lower than Cur- mer Jersey shock jock Craig Carton, Though still in the trial phase, OLD NEWS: Don Imus returned to radio after don imus may have a job, but he’s tis & Kuby’s. garnered a 4.3 share in the demo, up PPMs show that for March, Mr. his comments got him fired from WFAN. not exactly setting the world on fire. Mr. Imus is also trailing his own 48% from the same period last year. Imus edged out WFAN among per- The latest iteration of Imus in numbers from last year,when he was Mr. Imus did improve the time sons aged 25 to 54 and among edu- the Morning, which debuted on heard on all-sports WFAN-AM. slot’s performance among 35- to 64- cated, affluent listeners in that age Carton came out ahead in both cat- WABC-AM in December, ranked The shock jock left the CBS Radio year-olds, which the station consid- group, according to Mr. Boyce. egories. No. 20 among persons aged 25 to station after an uproar over racial ers his target audience. A CBS Radio spokeswoman 54 in Arbitron’s winter survey, comments he made. Phil Boyce, vice president of points out that in the PPM ratings COMMENTS? which covers Jan. 10 to April 2. Boomer & Carton,which debuted news/talk programming for Citadel for the entire winter, Boomer & [email protected]

CRAIN’S AWARDS EMCOR is Here, in the World’s Most Competitive Market. SEEKING TOP From fi nance to fashion, New York is the international proving ground for every kind of business. SMALL BUSINESSES EMCOR delivers world-class facility services—everything from electrical and mechanical construction IN NEW YORK CITY to mobile services to transportation and energy infrastructure—to help these businesses win. CRAIN’S seeks nominations for its 13th annual Small Business Awards. The six winners will The Latins have distinguished themselves by showing a pattern of growth in their businesses and contributing to their J. Siminoff communities’ quality of life. Firms must be for-profits that have been in business for at least three years. D. Stovall They must employ no more than 150 people, have annual sales of no more than $40 million and be headquartered in New York City. Companies can nominate themselves or they can be nominated by a business contact. The entry deadline is noon on May 20. Winners will be profiled in the Aug. 11 issue. To nominate a business, send its name, address and a letter detailing its commercial and civic accomplishments to Crain’s Small Business Awards, 711 Third EMCOR in Greater New York City. Always on. Ave., New York, NY 10017. The information can also be e-mailed to [email protected] or faxed to (212) 210-0799. FOREST ELECTRIC WELSBACH ELECTRIC OF L.I. Last year’s honorees Salvatore Caputo, President & CEO Joseph P. Florio, President & CEO included Stacey Bendet of Electrical Services Electrical Services clothier Alice + Olivia; Darryl Stovall Sr. of contractor D&S WELSBACH ELECTRIC EMCOR SERVICES NEW YORK/NEW JERSEY Electrical; and Keith D. Carney, President & CEO Frank Cooney, President Thomas Balsley, Electrical Services Mobile Services whose eponymous PENGUIN AIR CONDITIONING EMCOR FACILITIES SERVICES firm has designed scores of parks. Daniel P. Dubin, President & CEO Paul Asmar, Vice President D. Arora Other winners were Mechanical Services Site-based Facilities Services Dhiraj Arora, whose HERITAGE MECHANICAL EMCOR ENERGY SERVICES Arora Creations sells Indian spices; Jeff Porrello, President & CEO Art Strenkert, President Ellen and Eric Latin, Mechanical Services Energy Services T. Balsley who turned Dundy Glass & Mirror into a state-of-the- art outfit; and CALL: 866.890.7794 (US & Canada) EMAIL: [email protected] VISIT: www.emcorgroupny.com James Siminoff of voice-to-text firm HOW CAN OUR SOLUTIONS HELP YOU? S. Bendet SimulScribe.

| | 16 Crain’sNYPeop_CrainsNY_Jr_3_31.indd New York Business May 1 5, 2008 3/7/08 8:04:13 AM Process CyanProcess MagentaProcess YellowProcess Black CNYB 05-05-08 A 17 4/30/2008 5:34 PM Page 1

MEETINGS & CONVENTIONS INSIDE Largest events in NYC, ranked by number of attendees PAGE 26 “Basically, organic catering is a branding opportunity.” —Danielle Venokur, dvGreen, Page 25

A bigger Javits in boros a fantasy Queens sites offer more space, but shows don’t want to leave Manhattan DOUBLE DUTY: ECO-FRIENDLY Team-building initiatives now offers a are drawing BY MATTHEW SOLLARS chance to do customers something good to events an enormous dirt track that Page 19 Page 20 allowed customers to test-drive a Jeep was a big hit at the 2004 New York International Auto Show at the Javits Center.Camp Jeep, as the 45,000-square-foot exhibit was known, moved out- Business gatherings doors in 2007 because there was no longer any room for it. This year, the track was eliminated over concerns about the weath- get responsible er, and disappointed fans saw only a static display of a Jeep climbing a mountain. he era of the socially responsible face of a teetering economy and frequent reports While indoor test-driving exhibits grow larger at conven- meeting has arrived, with companies of corporate indulgence—business gatherings tion halls like Chicago’s Mc- hosting events that cast them in a are going not just green but philanthropic. Cormick Place,the Jacob K.Jav- its Convention Center simply fiscally, ecologically and politically Crain’s examines four components of the doesn’t have the space to offer Tcorrect light. socially responsible corporate event: eco-eating, the latest in auto show exhibits. Mark Schienberg, president of Inspired by Michael Pollan’s The Omnivore’s green meeting venues, nonprofit troupes for the Greater New York Auto Dilemma, Eric Schlosser’s Fast Food Nation and entertaining attendees and charitable volunteer Dealers Association, says he could fill a space twice as large as Al Gore’s An Inconvenient Truth—and in the projects as team-building activities. Javits “without blinking an eye.” Although he desperately needs more room for the auto show, Mr. Schienberg, who has run the auto show since the late See BIGGER on Page 18

NONPROFIT FAIR FARE: PERFORMERS Environmentally provide less- friendly meals expensive sprout at entertainment business events Page 22 Page 24 bloomberg news

May 5, 2008 | Crain’s New York Business | 17 CNYB 05-05-08 A 18 4/30/2008 5:36 PM Page 1

REPORT MEETINGS & CONVENTIONS

Bloomberg administration’s plan for the area. But while the area is A bigger Javits in the boroughs a pipe dream surrounded by highways, it is fur- ther away from Manhattan,has lim- ited subway access and does not Continued from Page 17 tion center with more than 1.5 mil- have the room for a large facility. 1980s, balks at the idea of closing lion square feet of space. Cost esti- LOOKING EASTWARD Javits to build a larger,more modern mates are vague—but sure to reach Possible Queens locations for a new convention center. Too far away facility outside of Manhattan. billions of dollars—and a project is if sunnyside worries convention- John O’Connell, president of years away from breaking ground. eers, the third site frequently men- trade show organizer Freeman, tioned—Aqueduct Racetrack in which handles more than 70% of the 166 developable acres outermost Queens—might induce shows at Javits, says many of his some city planners believe the mass hysteria. John F. Kennedy In- clients,especially the fashion and gift best option is the Sunnyside Yards in ternational Airport is nearby; so are shows,would never move to Queens. Queens. Putting a deck over the rail highways and subway stops. But by “Once you leave the Manhattan yards there would provide up to 166 any measure, it is a long haul to the footprint,people start to run,”he says. acres of developable land. That city. Also, with a rescue plan for the The doubts of convention and could accommodate a convention New York Racing Association in show organizers will loom over a task center at least twice Javits’ current place, it is unclear where a new con- force charged with mapping the fu- size (860,000 square feet). Easy vention center would go. ture of Javits.Already too small when highway access and many subway Some exhibitors still hope for a it opened in 1986,Javits drew calls for stops, along with the possibility of broader expansion at the current expansion just four years later. In additional rail service from Grand site, as unlikely as that appears. 2004, Albany finally approved a $1.4 Central or Penn Station, have plan- In the meantime, exhibitors will billion plan to add roughly 600,000 ners excited for the yards’ potential. welcome the measly 50,000 square square feet of space. That plan died “Sunnyside Yards is one of the feet they’ll get in the current expan- last year after costs had ballooned to most accessible places in the region sion and renovation plan. And even more than $3 billion. Now the state by mass transit,” says Bob Yaro of if the city does manage to build a is moving forward with a badly need- the Regional Plan Association, who new center in the next 10 years, Mr. ed renovation and a small expansion. first suggested moving the conven- Schienberg believes Javits will be

This troubled history has con- tion center to the yards. lindström bekka too valuable to give up. vinced many that the best option is Mr. Schienberg disagrees. “You’ve got a known commodity to build a brand-new center in the Queens would be too inconvenient Street. “In two days, he’s doing four grouping of auto body and salvage that brings in an amazing amount of outer boroughs, but those prospects for executives like General Motors major functions all over town. You yards abutting Shea Stadium, is an- business,” he says. “I think getting are equally grim. There are few un- Chief Executive Rick Wagoner, can’t have him running in and out other frequently mentioned option. rid of it is irresponsible.” developed plots in the city large who comes for the show but is also from Queens,”says Mr.Schienberg. A small, 400,000-square-foot con- enough to accommodate a conven- in town to do business on Wall Willets Point, the ramshackle vention center is part of the COMMENTS? [email protected]

18 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 19 4/30/2008 5:38 PM Page 1

REPORT MEETINGS & CONVENTIONS Team-building with a heart

Activities combine a client with a charity that does so- for Hospital Art, Clare O’Boyle, di- cial-action projects, they can’t tack rector of entertainment at Manhat- corporate and on their customary commission of tan event firm Jack Morton World- $500 10% to 30%.Some salvage the fee by wide, coordinated a team of 300 PER-PERSON philanthropic goals incorporating a service, like having drug company staffers to create a DONATION the event filmed professionally. mural, which their employer then made by BY HILLARY CHURA corporations BIKE PATH: Kevin White Others might charge a flat or hourly donated to a hospital. of Empire Force Events has rate for organizing a gathering, in- “It was a great experience to give that send arranged bike-assembly this spring, when Deutsche Bank cluding the philanthropic activity. back to the community and clearly a volunteers to contests, with the output merges two technology groups, its Facilitating such a project can be win-win for all,” Ms. O’Boyle says. help Habitat given to kid’s charities. team-building activity won’t just rewarding in other ways, too. Two for Humanity

foster collegial relationships: The years ago, through the Foundation COMMENTS? [email protected] buck ennis 36 tech employees in New York will work together to refurbish a school. “If you can accomplish all of your team-building objectives and touch lives, why would you do anything else?” asks Seth Waugh, chief exec- utive of Deutsche Bank Americas. For a growing number of firms, team-building is no longer just about removing barriers among em- ployees but about putting a sense of social responsibility to work. In- stead of dividing into groups for rock-climbing or cake-baking, at- tendees are volunteering at soup kitchens and cleaning up parks. “People still do team-building like golf,”says Anne Marie Fell,a vice president of the Credit Suisse Amer- icas Foundation, which last year dis- patched 1,200 employees to 48 proj- ects. “We just try to get people to understand that [volunteering] is an alternative.” Purposeful, powerful at its biannual leadership meet- ing in 2006, Deloitte & Touche dis- patched 250 attendees to build a playground in San Diego with Ka- Boom, a national nonprofit provid- ing communities with recreational spaces. “[Volunteering] is a purposeful thing companies can do to make a powerful social impact and to drive business goals,”says Evan Hochberg, national director of community in- volvement at Deloitte Services. Kevin White, production direc- tor at Empire Force Events, a Man- hattan meeting planning firm, translates team-building into a com- petition in which groups build as many bikes as they can in a few hours, with the results donated to children’s charities. Mr. White has set up the contest for several large groups, including a joint marketing pow-wow for two large drugmakers. Companies often end up invest- ing more than labor. Josh Lockwood, executive direc- tor at Habitat for Humanity, says corporations usually donate $500 per participant toward the cost of building a house. And for a cus- tomized project arranged by New York Cares,a company generally pro- vides paint and any other supplies, and contributes $5,000 to $100,000 to New York Cares,depending on the project’s size, according to Executive Director Ariel Zwang. Companies can claim a full tax de- duction for financial gifts if they re- ceive no goods or services and make checks payable to the nonprofit. Planners face a different finan- cial dilemma.If they simply connect

May 5, 2008 | Crain’s New York Business | 19 CNYB 05-05-08 A 20 4/30/2008 5:40 PM Page 1

REPORT How Indiana helps Hill-Rom and other life sciences companies stay healthy. Venues recycle, go low-flow

“Whether or not people believe Conservation efforts it’s all doom and gloom, it’s just the win customers; right thing to do,” says T.J. Fim- “Indiana offers world-class educational institutions, a skilled mano, general manager of a GE workforce and excellent infrastructure. Combine these factors eye on bottom line training and conference center in with a low-cost, pro-business environment and a state Ossining, N.Y., managed by Dolce government that is responsive and responsible, and you have International. BY JUDITH MESSINA a recipe for success in the life sciences industry. At Hill-Rom, Bringing out brands the decision to locate our global Innovation Center right here every morning at the Hamilton to that end,many big chains have in Batesville was an easy one. Indiana provides us the home Park Hotel & Conference Center in developed and branded elaborate base to move toward our mission and enhance outcomes for Florham Park, N.J., meeting atten- eco-friendly initiatives that range patients and their caregivers. It all begins right here in Indiana.” dees find a doughnut-shaped coast- from recycling cooking oil to pur- er under their water bottles. If they chasing biodegradable doggie bags. —Peter H. Soderberg, president and CEO, Hill-Rom don’t want another bottle,they hang Destination Hotels & Resorts the coaster over the top and have the boasts Destination Earth, while option to get a refill from a water Fairmont Hotels & Resorts has its cooler. Green Partnership program and “We’re undertaking these initia- Kimpton Hotels promotes its tives because our customers are ask- EarthCare initiative. ing for it,” says Steve Sackman, re- Numerous organizations, in- gional director of sales and cluding the Green Hotels Associa- marketing for Destination Hotels tion and the Green Meetings In- & Resorts and manager of the dustry Council,have also sprung up. Hamilton Park Hotel and the Tar- Their efforts range from helping rytown House Estate & Confer- hotels implement environmental ence Center. “They’re doing it in programs to training planners on their businesses, and they expect us the how-tos of running a green to do it.” meeting. Meeting Planners International A range of initiatives and the International Association of the doughnut coasters are a Conference Centers are among a small nod to environmental correct- growing number of trade and indus- ness, but they are emblematic of the try groups that have also launched measures hotels and conference green initiatives. centers are taking to limit their en- “So many companies are look- vironmental impact and attract— ing at their cor- and retain—the increasingly eco- porate responsi- sensitive meetings trade. From bility images,” waste recycling to water conserva- says Nancy $500 tion, they are implementing a wide Wilson, a prin- COST of range of green initiatives, using cipal at Meet- installing a them as marketing tools and bran- ing Strategies motion- dishing them as evidence of their Worldwide in sensitive commitment to the environment. Portland, Ore., thermostat Indiana is boosting Hill-Rom’s bottom line by providing lower taxes, a skilled and dependable work force, a perfect location, training grants, world-class universities and a century-long culture of innovation in the life sciences. In the past three years, Indiana’s business advantages helped Hill-Rom and nearly 500 other companies decide to relocate or expand here, resulting in billions of dollars of new investment and thousands of new jobs. Visit www.AccelerateIndiana.com and see how Indiana can help your business generate a healthy return, too.

Low Business Costs—low-cost business environment features low utility costs and state workers’ compensation and unemployment insurance rates that are among the lowest in the country Favorable Business Tax Environment—low overall tax environment and improving with the enactment of Single Sales Factor Apportionment for corporate income tax purposes, and the elimination of the inventory tax “Major Moves” Infrastructure Investment Program—investments of more than $12 billion in new and improved roads and bridges in a 10-year period Telecommunications—most sweeping deregulation in the country has led to massive investments in broadband and # ber optics across the state Investing in Technology—highest R&D tax credit in the country (15 percent) and a 20 percent venture capital tax credit for investments in technology companies Aggressive Incentive Programs—Headquarters Relocation Tax Credit, capital investment, employment-based tax credits, worker training programs and infrastructure assistance

STEVE SACKMAN says Destination Hotels & Resorts won’t add a green surcharge to guests’ bills.

www.AccelerateIndiana.com buck ennis CNYB 05-05-08 A 21 4/30/2008 5:42 PM Page 1

REPORT

which specializes in green meet- taled $500 per guest room, or about ings. “It’s a huge marketing issue.” $100,000—a capital outlay the cen- In response, many hotels and ter expects to recoup in energy sav- conference centers are now assidu- ings over three years. ously recycling waste and conserv- Mr. Sackman, who has no inten- ing water with low-flow shower- tion of adding a green surcharge to heads and toilets. guests’ bills, says going green is just They are using nontoxic cleaning “a cost of doing business.” products as well as recycled paper for everything from telephone pads Correctness has limits to menus. and, according to hoteliers, Increasingly, motion sensors they won’t sacrifice the bottom regulate heat, lighting and air line—or their brand—for environ- conditioning in guest rooms, and mental correctness. energy-efficient fluorescent bulbs “We’re running a luxury hotel- are replacing the incandescent chain,” says Jesse Suglia, director of variety. hotel sales for Kimpton,a San Fran- Beyond such basic measures, the cisco-based chain of 43 boutique GE training center, for example, is hotels that has made a name for it- using cardboard pens and self as an eco-leader. “We’re not go- biodegradable room keys and plans ing to buy into something that’s to replace single-use plastic bottles more expensive for us or for the cus- with wall-mounted, refillable tomer, and we’re not going to sacri- shampoo dispensers. fice the luxury experience.” Kimpton Hotels supplements Along the same lines, meeting its in-house environmental activi- planners are stretching eco-sensi- ties by contributing a percentage of tivity only as far as their client’s room revenue to the Trust for Pub- budgets will allow. lic Land when guests request it. “While [my clients] probably The Hilton New York is testing appreciate a lot of [the environmen- a fuel cell—a source of clean energy tal measures], they’re more focused that can generate 5% to 10% of its on value,” says Michael Schron, power. business development manager for Going green, of course, requires Manhattan meeting planning firm plenty of greenbacks. At the Tarry- Schron Associates. town House Estate, just installing motion-sensitive thermostats to- COMMENTS? [email protected]

May 5, 2008 | Crain’s New York Business | 21 CNYB 05-05-08 A 22 4/30/2008 5:44 PM Page 1

REPORT Nonprofit performers provide cheaper thrills

and the looming recession grabbing als at nonprofits are now aggressive- But some sponsors today’s business headlines, many ly pursuing the meetings market by want entertainment companies find that hiring nonprof- contacting event planners and vol- it performance groups is a way to cast unteering as guest speakers at gath- with more frills themselves in a more socially and fis- erings that bring together corporate cally responsible light. According to honchos. meeting planners, both corporations “Nonprofits have to be proactive BY VICTORIA RIVKIN and nonprofits stand to gain from the in sharing their value with corpora- association. While using nonprofit tions,”says Chris Elam,Misnomer’s when jessi hempel was helping to performers brings firms good will founder and choreographer. organize Fortune magazine’s up- and helps cut their entertainment coming Brainstorm Tech Con- The price factor ference in Half Moon Bay,Calif., for many corporations, price she sought entertainment that represents one of the most com- would not only dovetail with the A nonprofit pelling reasons for going with non- event’s technology theme but profit entertainment. According to would show attendees something brings a Elizabeth Ngonzi,founder of Amaz- they hadn’t seen before. ing Taste, a northern New Jersey- So Ms.Hempel,a Fortune writer,“measure based event planning firm that has tapped Misnomer Dance Theater, a hired nonprofits for J.P. Morgan Brooklyn-based nonprofit troupe Chase and Bank of New York gath- that uses technology to promote of good erings, companies can reduce their dance. The group is slated to per- entertainment expenses by as much form for 45 minutes at the maga- will to a as 75% with nonprofit performers. zine’s July 2008 conference,an event To that end, The Boys and expected to attract 350 executives conference Girls Choir of Harlem Alumni from the technology sector. Ensemble—with 25 to 30 Although the firm’s nonprofit singers, five band members and Manhattan • Grand Central status wasn’t the reason for hiring costs, corporate events expose non- support staff—charges between 1-800-367-7701 Misnomer, Ms. Hempel says the profit organizations to new audi- $10,000 and $28,000 for a 90- publication stands to profit from its ences—and potential contributors. minute show tai- F G P S, Take Note. relationship with a charity. “It’s another good way to” gener- lored to the cor- ate revenue for nonprofits,” says porate event’s Helping the brand Dawn Gibson-Brehon, executive theme. A com- 75% “a nonprofit brings a measure of director of Brooklyn-based Ronald parable, cus- REDUCTION good will to a conference, and it is K. Brown Evidence Dance Compa- tomized per- in expenses good for the Fortune brand,” says ny, which performed for Time Inc. formance by a via use of Ms. Hempel. last February. for-profit group nonprofit With corporate irresponsibility As a result, many top profession- would cost performers Matthew ArnoldMatthew Photography

Breathtaking design State-of-the-art technology Ideal location CHRIS ELAM of Misnomer Dance Theater says, Call now to book your next event. “Nonprofits have to be proactive in sharing their TheTimesCenter value with corporations.” 242 West 41st Street New York City (212) 556-4300 www.thetimescenter.com buck ennis

22 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 23 4/30/2008 5:46 PM Page 1

REPORT

$100,000—and even more for top- no-frills for attendees’ tastes. name talent, according to experts. “Corporations don’t want to be With fees ranging from $5,000 to perceived as doing something on the $25,000,depending on the length of cheap,”says Robert Schron,founder the performance and whether it in- of Manhattan-based Schron Asso- cludes live music, the 10-year-old ciates. Misnomer troupe has begun to ag- gressively pursue the corporate mar- Dancers in demand ket.Unable to afford public relations pilobolus, a 38-year-old dance or marketing personnel, the firm company based in Washington De- limits its efforts to freebie exposure. pot, Conn., has managed to sur- This past December, it entered and mount those concerns.Through the won an online social entrepreneur- years, the firm has performed at ship contest sponsored by Advanta IBM, Mobile Oil and United Tech- Corp. As a result, BusinessWeek, The nologies’ events, and in February, Wall Street Journal and The New York Manhattan-based Forest Laborato- Times covered the troupe. ries hired Pilobolus to perform be- “Corporations are not necessari- fore 3,000 attendees at its national ly knocking down the doors of the sales event in San Francisco’s nonprofits,” says Mr. Elam. Moscone Convention Center. For its part, The Boys and Girls Paul Duffy, creative director of Choir of Harlem, which performed Altered Image, a communications last December at Sikorsky Aircraft agency in Matawan, N.J., hired Pi- Corp.’s holiday party in West- lobolus for the pharmaceutical chester, generates corporate gigs by event based on the troupe’s appear- sending biweekly e-mail blasts to ance in a Hyundai commercial and event planners and following up, al- at the Academy Awards. beit less frequently, with press kits Mr. Duffy says the dance group about its upcoming shows. was the first nonprofit he has ever Despite the advantages, some used for a corporate gathering,but it 49 west 32nd street (212) 277-2647 companies have not used nonprof- won’t be the last. new york, ny 10001 www.radisson.com/martinique its. Their concerns range from pos- “After working with Pilobolus, I sibly contracting with a charity realize that nonprofits offer a great whose goals and activities are incon- resource for corporate messaging,” sistent with their corporation’s val- says Mr. Duffy. ues to winding up with entertain- ment that appears amateurish or too COMMENTS? [email protected]

Earn incentives. Call 1-800-920-WLMP.

May 5, 2008 | Crain’s New York Business | 23 CNYB 05-05-08 A 24 4/30/2008 5:47 PM Page 1

REPORT MEETINGS & CONVENTIONS

have supplanted boxed lunches. steers away from Chilean sea bass, “Corporations want to be per- which have been overfished;she also Hosts’ eco-eating options: ceived as doing the right thing, and uses a firm that provides non-ener- it’s a bandwagon they are jumping gy-burning rickshaws to transport on,” says Liz Neumark, president of food trays from the firm’s kitchen in Great Performances, a Manhattan- Long Island City to companies else- not just for tree-huggers based catering firm. where in Queens and in Manhattan. Ms. Neumark feeds the demand for greener fare by taking steps such Carbon crisis ly healthful and environmentally make the firm more eco-friendly. “people are very concerned about Organic, sustainable correct lunches that favor items like Whether driven by employ- their carbon footprint,” says Ms. fare sends message, organic,free-range chicken over an- ees’ personal convictions, a cor- Nilsson. tibiotic-fed poultry, and disposable porate sense of social responsi- Corporations Furthermore, according to Dan- but correctness costs utensils made from potatoes instead bility or a product marketing ielle Venokur, owner of dvGreen, a of plastic. strategy, eco-eating is on the up- want to be Manhattan event planning firm that “At first, people thought they swing at business gatherings. specializes in sustainability issues, BY CARA S. TRAGER were getting tree-hugging food, but “perceived more and more companies are tout- they’ve all come up to me to tell me A push toward the PC ing their eco-correctness. Their saatchi & saatchi Healthcare how much they love it,” says the from meals at nonprofit confer- printed menus may cite everything Communications Group practices planner of the menus, Jennifer ences to gala corporate dinners, as doing from the fact that the beef was pas- the sound living it promotes. Since Gembs,who is executive assistant to catered spreads increasingly offer a ture-fed to the name of the local last March, attendees at the firm’s the company’s president and chief veritable orgy of organic and planet- the right dairy that made the cheese. biweekly executive management executive and a member of a em- sustaining victuals, including lo- While experts partly credit meetings have partaken in general- ployee volunteer group working to cally harvested veggies; wild, line- thing Michael Pollan’s The Omnivore’s caught fish; and beef from Dilemma and Eric Schlosser’s pasture-fed cows.In many instances, Fast Food Nation with the green- tap water—poured from pitchers— as serving produce from her 60-acre ing of business meals, many firms and organic teas have replaced bot- organic farm. Meanwhile, Leslie are going the ecological route in or- tled water and canned sodas, and Nilsson,owner of Manhattan cater- der to underscore their businesses’ meals served on reusable platters er and event planner Sage” Events, focus or to draw attention to a new

Is it possible to actually look forward to three all-day, round-the-clock meetings?

Yes.

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24 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 25 4/30/2008 5:49 PM Page 1

REPORT MEETINGS & CONVENTIONS

RAW DATA: Liz Neumark product line’s natural ingredients. N.Y., thinks the premium price of a grows produce for her “Basically, it’s a branding oppor- green meal is well worth it. Person- catering firm, Great tunity,” says Ms. Venokur. ally committed to healthy living and Performances, on her 60-acre organic farm. To that end, a Manhattan law a member of a corporate team that firm that concentrates on alterna- focuses on health and wellness tive-fuel issues has hired Great Per- trends, Ms. Sprague helped plan a formances to serve mostly organic meeting last summer that served or- foods at its conference next month. ganic and local foods. Beauty-aid maker Origins tapped “We wanted peo- The Cleaver Co., a green caterer in ple to know that we Manhattan, for a breakfast last June don’t just do the 20% that introduced beauty editors to its work but live the POTENTIAL new organic line. work,” says Ms. cost Just last month, Cleaver provid- Sprague. differential ed the eco-friendly chow at the an- for green nual Gel conference,a two-day pro- COMMENTS? provisions

gram exploring good experiences in [email protected] buck ennis both business and personal life.This year’s event attracted 400 attendees, including representatives from Google, Pfizer and BBC World Service. “We’re into quality-of-life is- sues, and the food we serve is a re- flection of how we are able to create that good experience for attendees,” says Laurea de Ocampo, a confer- ence producer. But eco-correct catering can have its bugs—literally. Not long ago, at an ad agency’s board meet- ing, a moth emerged from organic salad greens that Sage Events had purchased from a local farmer. “[With organic produce,] you’re not killing every critter hanging out, but you’re not going to get cancer,” says Ms. Nilsson. Paying the price in addition,depending on the sea- son and the harvest, green provi- sions can cost as much as 20% more than conventional edibles, caterers say.Some food service firms tack on an additional dollar per person for biodegradable paper goods and cut- lery and a quarter extra per person for organic milk. “We have clients that say they want a greener event, but once we present them with the costs,they of- ten choose to go with a nonsustain- able caterer,” says Jeff Guberman, president of Fourth Wall Events, a Manhattan events planner. Denise Sprague, a marketing co- ordinator at PepsiCo in Purchase,

EXPLORING CAREERS STUDENTS SEEK HOST BUSINESSES THE GREATER New York Coun- cils’ Exploring program seeks businesses to host sessions offering high school students the chance to explore various industries and make better deci- sions about career choices. Exploring puts together groups of 15 to 25 students. They meet at the host busi- Leisure Activities. They’re all within reach right here in St. Louis. Our great outdoor nesses after school for four or concerts & festivals, professional sports teams, hot nightclubs & gourmet restaurants just more sessions, learning about may make you forget why you came here in the first place. Start planning your next educational requirements, salaries and what people in “meeting” at explorestlouis.com or call 800-916-9637. their selected fields actually do. For more information, surprising please call Exploring director Bob Hayes at (212) 651-2808, or visit www.nyexploring.org.

May 5, 2008 | Crain’s New York Business | 25

38836-H-L_CrainsNY.indd 1 3/7/08 8:05:59 AM CNYB 05-05-08 A 26 4/30/2008 5:51 PM Page 1

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TOP 5 NY SHOWS, RANKED BY ESTIMATED ATTENDANCE LEADING CITIES Ranked by total number of shows. Ranking City Shows 1 Las Vegas 211 2 New York 133 landov bloomberg news bloomberg news 3 Toronto 133 1,200,000 150,000 88,000 65,000 64,523 4 Chicago 132 The first NY International 50,000-plus plants were More than 700,000 have The New York Comic Con The NY International Auto Show in 1900 featured displayed at the NY run the NYC Marathon event made its debut in Motorcycle Show featured 5 Atlanta 99 29 horseless carriages. International Orchid Show. since the first race in1970. 2006. more than 200 exhibitors. Source: Tradeshow Week magazine New York City’s Largest Events Ranked by number of attendees

Net sq. ft. of Estimated exhibit Rank Event Web site 2007 event date attendance Management company space 1 New York International Auto Show www.autoshowny.com April 6-15 1,200,000 Greater New York Automobile Dealers Association 600,000 2 New York International Orchid Show www.gnyos.org April 18-22 150,000 Greater New York Orchid Society 20,000 3 New York City Marathon www.ingnycmarathon.org Nov. 1-3 88,000 New York Road Runners 100,000 4 New York Comic Con www.nycomiccon.com Feb. 23-25 65,000 Reed Exhibition Cos. 76,376 5 New York International Motorcycle Show www.motorcycleshows.com Dec. 28-30 64,523 Advanstar Communications Inc. 132,750 6 New York National Boat Show www.nyboatshow.com Dec. 30, 2006-Jan. 7 63,546 National Marine Manufacturers Association 283,450 7 Greater New York Dental Meeting www.gnydm.com Nov. 23-28 56,687 Greater New York Dental Meeting 137,894 8 DigitalLife www.digitallife.com Sept. 27-30 54,751 Ziff Davis Media Inc. 90,500 International Beauty Show New York/International www.ibsnewyork.com/www.iecsc.com March 11-13 50,000 Questex Media Group Inc. 175,000 9 Esthetics, Cosmetics & Spa Conference New York International Gift Fair/Extracts/New York www.nyigf.com Jan. 27-Feb. 1 40,000 George Little Management 615,800 10 Home Textiles Show 11 New York International Gift Fair www.nyigf.com Aug. 11-16 40,000 George Little Management 610,000 12 International Hotel/Motel & Restaurant Show www.ihmrs.com Nov. 10-13 36,500 George Little Management 250,000 13 Artexpo New York www.artexpos.com March 1-5 35,000 Summit Business Media 103,640 14 PDN PhotoPlus International Conference + Expo www.photoplusexpo.com Oct. 18-20 30,000 Nielsen Business Media 100,000 15 New York Times Travel Show www.nytimes.com/travelshow Feb. 23-25 29,434 MSE Management Inc. 72,500 16 Book Expo America www.bookexpoamerica.com May 31-June 3 29,045 Reed Exhibition Cos. 265,000 Co-located MD&M, EastPack, Atlantic Design & www.canontradeshows.com June 12-14 26,941 Canon Communications 248,005 17 Manufacturing, Plastec and ATX Show 18 American International Toy Fair www.toyfairny.com Feb. 11-14 26,321 Toy Industry Asssociation 351,506 19 International Contemporary Furniture Fair www.icff.com May 19-22 25,033 George Little Management 145,000 20 Licensing International Expo www.licensingexpo.com June 19-21 25,000 Advanstar Communications Inc. 220,000 21 New York Chocolate Show www.chocolateshow.com Nov. 9-11 25,000 Event International Inc. 40,000 Summer Fancy Food Show www.specialtyfood.com July 8-10 24,000 National Association for the 330,000 22 Specialty Food Trade Inc. 23 Lightfair International www.lightfair.com May 6-10 21,700 AMC Inc. 1,552,000 24 Audio Engineering Society Convention www.aes.org Oct. 5-8 20,000 Audio Engineering Society 63,550 25 Adventures in Travel Expo www.adventureexpo.com Jan. 12-13 19,000 Unicomm 75,000 New York City includes the Bronx, Brooklyn, Manhattan, Queens and Staten Island. Crain’s New York Business uses staff research, extensive surveys and the most current information available to produce its lists, but there is no guarantee that these listings are complete. To qualify for this list, events must be held in New York City. Management companies were contacted for this list based on information from the Jacob K. Javits Convention Center and NYC & Company. Information was supplied by the management companies. In case of tied figures, events are ranked by net square feet. Research: Denise Southwood, Adrianne Pasquarelli, Sarah Studley and Heather Holland All Crain’s business lists are available at www.crainsnewyork.com/lists.

26 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 27 5/1/2008 3:50 PM Page 1

REPORT THE RESORTS AT CRYSTAL SPRINGS

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May 5, 2008 | Crain’s New York Business | 27 CNYB 05-05-08 A 28 5/1/2008 3:54 PM Page 1

REAL ESTATE DEALS

be called B-Bap. After merger, a moving experience Owner Jeena Kim recently signed a 10-year lease for 540 square feet at 830 Ninth Ave., between West banking firm needed additional Madison Ave., between East 57th the law firm in the transaction. 54th and West 55th streets. The Savills Granite grows, space to expand after the firm, for- and East 58th streets. —andrew buck asking rent was $150 per square finds bigger space merly Granite Partners, was ac- “They wanted a space that they and theresa agovino foot. quired by Savills, a global proper- could be proud of and would repre- The restaurant, which is named on Lexington Avenue ty services company based in sent them,and they got a premier lo- for the Korean rice dish bibimbap, London. cation,” says Newmark Knight Customized Korean will serve rice and noodle bowls that avills granite is subleas- “We started to grow after the Frank’s David Falk, who represent- opening on 9th Ave. can be customized to include a vari- ing 18,000 square feet at merger and realized we outgrew ed Savills Granite. ety of toppings, including vegeta- 599 Lexington Ave., between our space,” says John Lyons, presi- The office, which will take up an entrepreneur is applying the bles, meats, spices and sauces. The East 52nd and East 53rd dent and chief executive of Savills the entire 36th floor, is being sub- made-to-order concept employed eatery will offer sit-down and take- streets. The asking rent in Granite. He adds that the new of- leased from Kirkpatrick & Lock- successfully by so many casual bur- out service. Sthe area is $71 a square foot. fice will be three times larger than hart Preston Gates Ellis. John rito and salad restaurants in New The space, formerly occupied by The real estate investment the firm’s previous space at 600 Mambrino of Studley represented York City to a new Korean eatery to a candy store, stood vacant for years

Your get-out- of-Wi-Fi-jail card.

830 NINTH AVE. has room for B-Bap, a new Now, free. Korean restaurant offering customized food. Stay connected with the reliability of because the 10-foot-wide floor plan was too narrow for most tenants. BroadbandAccess and a FREE USB wireless modem. “It was an architectural chal- lenge, but they put together some Your small business doesn’t need limits. It needs connections. With BroadbandAccess you can work beyond great plans,” says Steven Sou- Wi-Fi hotspots, quickly and securely. You can browse the Internet, check email and be more productive when tendijk, the Cushman & Wakefield and where you want. All starting at only $39.99 Monthly Access. (Activation fees, taxes and other charges apply.)* Inc. broker who, along with col- league Nick Madden, represented Switch today to America’s most reliable wireless broadband network. property owner Siba Management. The tenant chose this location “because it’s a good mix between the midtown office market and a dense residential market,” says Brad Co- hen, the Ripco Real Estate broker who represented Ms. Kim in the deal. B-Bap is slated to open by late summer. —elisabeth butler cordova Limited-Time Offer FREE Health care group USB wireless modem for your Mac or PC consolidates on Lex UM150 USB Modem $50 2-yr. price –$50 mail-in rebate with new 2-yr. the catholic health Care Sys- activation on a $39.99/50MB tem of the Archdiocese of New York BroadbandAccess plan. signed a 10-year lease for 16,300 square feet at 205 Lexington Ave.,be- tween East 32nd and East 33rd streets. The asking rent for the space—the entire second and third floors—was $45 a square foot. For mobile broadband solutions for your small business, let Verizon Wireless be your “go-to” guy. The Catholic Health Care Sys- tem operates seven long-term care facilities for the elderly, chronically Call 1.800.VZW.4BIZ Click verizonwireless.com/bba Visit your local Verizon Wireless store ill and developmentally disabled, and also owns a cancer hospital. VERIZON WIRELESS COMMUNICATIONS STORES See store for Return/Exchange Policy. Administrative functions and services that are now scattered MANHATTAN Union Square 57 W. 57th St. 134 W. 34th St. 100 Wall St. & Water NASSAU Westbury SUFFOLK Smith Haven WESTCHESTER 342 Madison Ave. 859 Broadway btwn. 5th & 6th Ave. btwn. 6th & 7th Ave. (Closed Sat. & Sun.) Massapequa 49 Old Country Rd. East Northport 1 Smith Haven Mall Hartsdale across numerous facilities in the @ 43rd St. 212-206-7587 212-980-4860 917-351-8000 212-510-6160 5070 Sunrise Hwy. 516-937-2960 4000 Jericho Tpke. 631-382-3720 355 N. Central Ave. 212-856-6100 516-797-3880 631-499-1820 914-286-4120 network will be consolidated at the new site, says Scott La Rue, senior Hablamos Español vice president of administration and support services. He says moving *Our Surcharges (incl. Fed. Univ. Svc. of 11.3% of interstate & int’l telecom charges (varies quarterly), 2¢ Regulatory & 6¢ Administrative/line/mo. & others by area) are not taxes (details: 1-888-684-1888); gov’t taxes & our surcharges could add 6%–35% to your bill. Activation fee/line: $35. some operations to the new site will free up space at the facilities that can IMPORTANT CONSUMER INFORMATION: Subject to Customer Agmt., Calling Plan, rebate form and credit approval. Up to $175 early termination fee, up to 99¢/MB after allowance. BroadbandAccess is available to more than 240 million people in 248 major metropolitan areas. Offers and coverage not available everywhere. Rebate takes up to 6 weeks. Limited-time offer. While supplies last. Shipping charges may apply. Network details and coverage maps be used for other purposes. at verizonwireless.com. © 2008 Verizon Wireless. David Hoffman and Wendy Miller of Colliers ABR represented 54402-06.indd 1 4/24/08 4:33:08 PM 28 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 29 5/1/2008 3:56 PM Page 1

REAL ESTATE DEALS

the landlord, Somerset Manage- Realty Group Inc., one of the bro- CRAIN’S SPECIAL SECTION ment Ltd. Cushman & Wakefield kers in the transaction. Inc.’s broker William Fressle repre- Collins Building Services is sented the Catholic Health Care moving from 1775 Broadway,on the Seeking the top employers System. corner of West 57th Street. —theresa agovino United Nations Federal Credit do you work for one of the 25 best com- measuring factors including work envi- Union owns the Long Island City panies in New York City? If you think you ronment, innovations/new ideas and peo- building and occupies the first sev- do, nominate your company for Crain’s ple practices. Finalists and winners will be Planet Sox hoofing en floors. Other tenants include New York Business’ inaugural Best Places announced in a supplement to Crain’s and over to W. 33rd St. Nespresso USA and Transit Tech- to Work competition. at an event in fall 2008. nologies. Anyone can nominate a company or To be eligible, companies must have at planet sox is moving its Dora the In addition to Mr. Smith, JRT get more information by visiting least one location and at least 50 employ- Explorer socks and Hanna Mon- Realty Group’s James Clifford, www.crainsnewyork.com/bestplaces. ees within the five boroughs. Crain’s is tana tights out of the Empire State along with John Peters of Cushman The deadline for nominations is June 30. working with leading research firm Quan- Building. & Wakefield Inc., represented both The free competition will recognize tum Market Research to conduct and The accessories company, sides of the deal. workplaces based on an employee survey evaluate the employee surveys. which manufactures and imports —andrew buck socks, slippers and blankets embla- zoned with characters from televi- sion and film, signed a five-year lease for 13,500 square feet of office space at 20 W. 33rd St., between Fifth Avenue and Broadway. Plan- et Sox is planning to relocate from its current offices by mid-May. “The whole accessories market My relationship manager is concentrated on 33rd Street, be- tween Fifth and Sixth,” says David Levy,an Adams & Co. broker who, along with David Menaged, repre- gets my business. sented the tenant. “They jumped on it.” The asking rent was $42 per My mother? Not so much. square foot. “They’re exactly the kind of ten- ant we want,” says Steven M. Levy, president of Kamber Management, the building’s owner. “It’s a great company.” Planet Sox distributes its goods

Scott Hunter 20 W. 33RD ST. is getting a new outfit: plastics distributor accessories company Planet Sox. New York, NY

in more than 10,000 stores in the United States and Canada, includ- ing chains such as Wal-Mart, J.C. Penney and Lane Bryant. —elisabeth butler cordova Long Island City building booked When was the last time your bank asked you collins building services inc. signed a six-year lease for the 15th the right questions about your business? floor—15,400 square feet—at Working with countless businesses across 83 countries and territories1 has Court Square Place, a new office given us a unique perspective. Our relationship managers know that only 24-01 44th Drive tower at , in Long Is- after we understand your business’s DNA, can we help you improve its ROI. land City, Queens. Visit a branch to talk to a relationship manager or call 1-866-427-2104 to fi nd The 17-story building, which out more about HSBC’s Business Banking solutions. us.hsbc.com/business was completed 16 months ago, is now fully rented. The asking rent was for $45 per square foot, but with incentives from the city, the tenant is actually paying closer to $25 a square foot, 1. HSBC Group. according to Greg Smith of JRT Products in the United States offered by HSBC Bank USA, N.A. or HSBC National Bank USA. Both banks are Member FDIC. ©2008 HSBC Bank USA, N.A.

May 5, 2008 | Crain’s New York Business | 29 nb18p30_32cls.qxp 5/1/08 3:18 PM Page 30

BUSINESS OPPORTUNITY/EVENTS REAL ESTATE PUBLIC & LEGAL

AUCTION NOTICES

Notice of Qualification of Pequot Matawin Fund, L.P. Authority filed with NY Dept. of State on 2/29/08. Office location: NY County. LP formed in Delaware (DE) on 2/5/08. NY Secy. of State designated as agent of LP upon ESTATE & CORPORATE SALES IN NJ/NYC/PA whom process against it may be served and shall mail process to: c/o CT Corporation May 13 - 11am System,111 8th Ave., NY, NY 10011,registered BUSINESS SERVICES (Online or at Hyatt - Jersey City, NJ) agent upon whom process may be served. DE ACOUNTING address of LP: c/o The Corporation Trust Co., RH Accounting & Bookkeeping Services UNION CITY, NJ 1209 Orange St., Wilmington, DE 19801. Name/address of genl. ptr. available from A/R, A/P, G/L, T/B, Quickbooks • Kennedy Bldg/27th/28th Tax Services (888)925-8883. NY Secy. of State. Cert. of LP filed with DE email: [email protected] - Views of NYC. 1/2 City block Secy. of State, Townsend Bldg., Dover, DE assemblage 19901. Purpose: any lawful activity. BUISNESS FOR SALE/FLA. NICHE PUBLICATION JERSEY CITY, NJ Notice of Qualification of OMG Projects, LLC. Authority filed with Secy. of State of N.Y. Bi-weekly tab newspaper, speciality • Orient Ave & Morton Pl business. Controlled circ., 45,000. Est. 1986. (SSNY) on 3/26/08. Office location: NY County. Large assemblage w/lease LLC formed in Delaware (DE) on 3/17/08. Gross $1.3 mill. Cash flow $300,000. 50 Journal Square, Jersey City, NJ Good bolt-on for est. publishers, income SSNY designated as agent of LLC upon whom or excellent stand-alone. process against it may be served. SSNY shall LUXURY • 50 Journal Square mail process to: 777 Sixth Ave., #31D, NY, NY Media America Brokers, Atlanta 16,717+/-sqft 8 story bldg May 12 10001. DE address of LLC: 615 South Dupont (404)995-7088 (Online & On Location) • Academy St & Rock St Hwy., Dover, DE 19901. Arts. of Org. filed with • Res Lot – Ocean Town- DE Secy. of State, P.O. Box 898, Dover, DE BUSINESS NETWORKING PROPERTIES Parking business w/res income 19903. Purpose: any lawful act or activity. • Academy St & Baldwin St ship, NJ 10:00am Would you like your corner 3 lot redevelopment • 26,630+/-sf offi ce bldg Notice of Formation of P.S. 157 Lofts, LLC. Business to Grow? AUCTION opportunity – Howell Complex, How- Arts. of Org. filed with NY Dept. of State on Ready to meet NYC business • 702-710 Tonnele Ave 3/25/08. Office location: NY County. Secy. ell, NJ 12:30pm of State designated as agent of LLC upon professionals who can give you heavily traveled/income pro- qualified referrals? whom process against it may be served and Please call Alan 212-417-8130 26 Pocono Townhomes ducing • 119+/-ac – Stanhope, shall mail process to the principal business www.letipfinancial.net See ad in Commercial Real Estate NJ 4:30pm address: c/o Bluestar Properties, 31 E. 32nd NEW YORK CITY, NY St., 12th Fl., NY, NY 10016. Purpose: any williamsauction.com/NJC lawful activity. POSITION AVAILABLE 866.778.1422 • 533 Greenwich St – SoHo District. 7 story, 14 unit IMD NOTICE OF FORMATION OF LIMITED LIABILITY A/R: REVENUE MANAGER res loft. 7458+/-sf air rights COMPANY. NAME: 21 SOUTH END AVENUE Major midtown real estate firm seeks NEW ROCHELLE included UNIT 209 LLC. Articles of Organization were Revenue Mgr to oversee co's receivables filed with the Secretary of State of New York dept. Will enforce all billing, collection commercial real estate (SSNY) on 03/17/08.Office location: New York House For Sale – New Rochelle TANNERSVILLE, PA County. SSNY has been designated as agent & cash application procedures. Must have • 26 Pocono Mountains Town- of the LLC upon whom process against it may 5+ yrs comm'l RE & supervisory exp, as Luxury custom build all brick home spacious park like setting. 3 large bdrms, homes. 2 minutes to Camel- 866.778.1422 be served. SSNY shall mail a copy of process well as knwldg of RE taxes, cost of to the LLC, c/o Dr. Joy Browne, 21 South End 3 baths. Huge balcony overlooking a 30 ft back - Buy 1 or all williamsauction.com/NJC living adjustments, operating escalations, living room with 14ft. cathedral ceilings. Avenue, Unit 209, New York, New York 10280. electrical sub-metering & audit processes. NJ RE LIC 8910502 PETER COSTANZO BROKER, RE LIC 8900421 PETER COSTANZO AUCTIONEERS INC BROKER; NY Purpose: For any lawful purpose. Formal dining rm, large eat–in kit. with PA Will be responsible for budget/forecast door to open patio. Enormous family rm, W&W RE LIC 32WIO834875; AUC LIC AU005417 MONTE W LOWDERMAN AUCTIONEER, W&W AUC LIC AY001966 reports, monthly bank reconciliations, fireplace, wetbar, door to large flagstone arrears reports & tenant notices. patio. Paneled office (or 4th bdrm), 2 car Notice of Formation of 1510 SOUTHERN Salary: $75,000 garage. Near schools & tennis. 30 mins to PUBLIC & LEGAL NOTICES BOULEVARD RESIDENCE, L.P. Certificate Fax resume to 212-967-6167 Grand Central. Call after 5:00 filed with Secy. of State of N.Y. (SSNY) on 914-632-0338 • Reduced $750K December 20, 2007. Office location: New York County. SSNY designated as agent of LP Notice of Qualification of 101 West End Notice of Qualification of ELK 33 East 33rd upon whom process against it may be served. Advertise on Affordable GP LLC. Authority filed with NY LLC. Authority filed with Secy. of State of SSNY shall mail process to: The Partnership, Dept. of State on 3/6/08. Office location: NY N.Y. (SSNY) on 3/18/08. Office location: NY 2212 Third Ave., New York, NY 10035. www.crainsnewyork.com County. Principal business address: 9200 E. County. LLC formed in Delaware (DE) on Name/address of each genl. ptr. available from Call John Gallagher Panorama Cir., Englewood, CO 80112. LLC 3/14/08. SSNY designated as agent of LLC SSNY. Term: until 12/31/2057. Purpose: any formed in Delaware (DE) on 2/28/08. NY upon whom process against it may be lawful activity. Secy. of State designated as agent of LLC served. SSNY shall mail process to principal @ 212-210-0189 upon whom process against it may be served business location: ELK Investors, 489 Fifth and shall mail process to: c/o CT Corporation Ave., 7th Fl., NY, NY 10017. DE address of FRANCHISE OPPORTUNITY Notice of Formation of Lombardy 1008, System, 111 8th Ave., NY,NY 10011, registered LLC: c/o Corporation Service Company, 2711 LLC, Art. of Org. filed Sec'y of State (SSNY) Centerville Road, Ste. 400, Wilmington, DE agent upon whom process may be served. DE 3/24/05. Office location: NY County. SSNY address of LLC: 1209 Orange St., Wilmington, 19808. Arts. of Org. filed with DE Secy. of DE 19801. Arts. of Org. filed with DE Secy. State, 401 Federal St., Dover, DE 19901. designated as agent of LLC upon whom of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activity. process against it may be served. SSNY FRANCHISE Purpose: any lawful activity. shall mail copy of process to c/o Shine & Company, 9 East 40th St., 6th Fl., NY, NY Notice of Formation of PASTOURELLE LLC. SIMPLY STACI LLC, a domestic Limited 10016. Purpose: any lawful activities. OPP RTUNITY Arts. of Org. filed with Secy. of State of N.Y. Liability Company (LLC) filed with the Sec of (SSNY) on 2/4/08. Office location: NY County. State of NY on 3-11-08. NY Office location: ARE YOU READY TO ANSWER THE CALL? SSNY designated as agent of LLC upon whom New York County. SSNY is designated as Notice of Qualification of Generation Repair and Service, LLC. Authority filed with NY Dept. of Join Verizon Wireless’ largest Authorized Retailer... process against it may be served. SSNY shall agent upon whom process against the LLC mail process to: Silverberg, Stonehill, Goldsmith may be served. SSNY shall mail a copy of State on 4/14/08. Office location: NY County. Principal business address: 700 Universe Blvd., Wireless Zone®, the #1 Wireless Communications Franchise & Haber, P.C.,111 W. 40th St., 33rd Fl., NY, NY any process against the LLC served upon 10018. Purpose: any lawful activity. Juno Beach, FL 33408. LLC formed in in America as rated by Entrepreneur Magazine. him/her to Staci Krell, 165 E. 32nd St., NY, NY Delaware (DE) on 4/8/08. NY Secy. of State 10016. General purposes. designated as agent of LLC upon whom App. for Authority of Mondottica LLC was filed process against it may be served and shall Franchises available in 11/2/07. LLC organized 10/4/07 in Delaware. mail process to: c/o CT Corporation System, Principal office location: 55 Greene St., PH6, Notice of Formation of DELCAL HOLDINGS 111 8th Ave., NY, NY 10011, registered agent NY, NY 10013, NY County. Sec. of State of NY LLC. Arts. of Org. filed with NY Dept. of State upon whom process may be served. DE is designated as agent for service of process METRO NEW YORK on 2/22/08. Office location: NY County. Secy. address of LLC: 1209 Orange St., Wilmington, against LLC and shall mail a copy to Leonard of State designated as agent of LLC upon DE 19801. Arts. of Org. filed with DE Secy. of Please contact Chris Connolly at 585-704-7990 Witman, Esq., Witman Stadtmauer, P.A., 26 whom process against it may be served and State, 401 Federal St., Dover, DE 19901. Columbia Tpke, Florham Park, NJ 07932. [email protected] shall mail process to the principal business Purpose: any lawful activity. or select franchise info at www.wirelesszone.com Copy of formation documents filed w/Sec. of address: 140 Franklin St., NY, NY 10013. State of DE, 401 Federal St., Ste. 3, Dover, DE Purpose: any lawful activity. 19901. Purpose of LLC: any lawful activity. Notice of Formation of Global Brand Licensing, LLC. Arts. of Org. filed with NY Dept. of State Notice of Registration of FXFowle Architects, BROADVIEW ADVISORS LLC Articles of on 12/10/07. Office location: NY County. Principal LLP. Certificate filed with Secy. of State of Org. filed NY Sec. of State (SSNY) 3/4/08. business address: 1357 Broadway, #236, NY, NY (SSNY) on 2/28/08. Office location: NY Office in NY Co. SSNY desig. agent of LLC NY 10018. Secy. of State designated as agent County. SSNY designated as agent of LLP upon whom process may be served. SSNY of LLC upon whom process against it may be upon whom process against it may be served. shall mail copy of process to 66 Leonard served and shall mail process to: Winne, THIS ADVERTISEMENT IS NOT AN OFFERING. AN OFFERING CAN ONLY BE MADE BY A PROSPECTUS SSNY shall mail process to principal business St., Ste. 7B, NY, NY 10013, which is also Banta, et al, P.C.,Gary S. Redish, Esq., PO Box FILED FIRST WITH THE DEPARTMENT OF LAW OF THE STATE OF NEW YORK. SUCH FILING DOES NOT location: 22 W.19th St., NY, NY 10011. Purpose: the principal business location. Purpose: 647, 21 Main St.,1st Fl., East Wing,Hackensack, CONSTITUTE APPROVAL BY THE DEPARTMENT OF LAW. practice the profession of architecture. Any lawful purpose. NJ 07602. Purpose: any lawful activity.

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PUBLIC & LEGAL NOTICES

Notice of Qualification of HedgeForum Notice of Formation of Z Family Partners Notice of Qualification of Silver Lake Windward 9 SQUARED ENTERTAINMENT, LLC Articles Amalgamated Life Insurance Criterion, LLC. Authority filed with NY Dept. LLC. Arts. of Org. filed with NY Dept. of State Diversified Aggressive Fund, L.P. Authority of Org. filed NY Sec. of State (SSNY) 4/15/08. of State on 2/28/08. Office location: NY on 3/18/08. Office location: NY County. Secy. filed with NY Dept. of State on 4/4/08. Office Office in NY Co. SSNY desig. agent of LLC Company is committed to County. LLC formed in Delaware (DE) on of State designated as agent of LLC upon location: NY County. Principal business address: upon whom process may be served. SSNY preventing fraud in regard to the 2775 Sand Hill Rd., Menlo Park, CA 94025. 2/25/08. NY Secy. of State designated as agent whom process against it may be served shall mail copy of process to 45 W. 21st St., of LLC upon whom process against it may be LP formed in Delaware (DE) on 1/30/08. NY Ste. 401, NY, NY 10010, which is also the insurance coverage it issues. and shall mail process to the principal served and shall mail process to the principal Secy. of State designated as agent of LP upon principal business location. Purpose: Any Therefore, Amalgamated Life, business address: 731 Lexington Ave., 25th business address: Zeckendorf Realty, L.P., whom process against it may be served and lawful purpose. as required by the New York Fl., NY, NY 10022. DE address of LLC: c/o 770 Lexington Ave.,NY, NY 10021, Attn: Arthur shall mail process to: c/o CT Corporation National Corporate Research, Ltd., 615 S. Zeckendorf. Purpose: any lawful activity. System, 111 8th Ave., NY, NY 10011, registered State Insurance Department Notice of Formation of The Levinsohn Family DuPont Hwy., Dover, DE 19901. Arts. of Org. agent upon whom process may be served. DE II Limited Partnership. Certificate filed with makes the following statement: filed with DE Secy. of State, 401 Federal St., address of LP: The Corporation Trust Co., Notice of Formation of Quik Park West 62nd Secy. of State of NY (SSNY) on 3/31/08. Dover, DE 19901. Purpose: any lawful activity. 1209 Orange St., Wilmington, DE 19801. Any person who knowingly and St. LLC. Arts. of Org. filed with Secy. of State Name/address of genl. ptr. available from Office location: NY County. SSNY designated of N.Y. (SSNY) on 3/17/08. Office location: NY NY Secy. of State. Cert. of LP filed with DE as agent of LP upon whom process against it with intent to defraud any NOTICE OF FORMATION of Bryan Leder County. SSNY designated as agent of LLC upon Secy. of State, 401 Federal St., Dover, DE may be served. SSNY shall mail process to: insurance company or other Talent, LLC. Article of Organization filed whom process against it may be served. 19901. Purpose: any lawful activity. The Partnership, 80 8th Ave., Ste. 1107, NY, person, files an application for with the Secretary of State of NY (SSNY) SSNY shall mail process to: The LLC, 247 NY 10011. Name/address of each genl. ptr. on 01/25/08. Office location: NY County. W. 37th St., NY, NY 10018. Purpose: any available from SSNY. Term: until 4/1/2108. insurance or statement of claim lawful purpose. Notice of Qualification of Andro Capital Purpose: any lawful activities. SSNY has been designated as agent upon Management, L.P. Authority filed with Secy. containing any materially false whom process against it may be served. of State of NY (SSNY) on 3/11/08. Office information, or conceals for The Post Office address to which the SSNY Notice of Qualification of North American location: NY County. LP formed in Delaware NOTICE OF FORMATION of CHATSWORTH shall mail a copy of any process against the Energy Alliance, LLC. Authority filed with Secy. (DE) on 2/20/08. SSNY designated as agent INDIA DIVERSIFIED FUND 1, LLC. Articles of the purpose of misleading, LLC served upon him is C/O the LLC 227 of State of N.Y. (SSNY) on 3/5/08. Office of LP upon whom process against it may be Organization filed with Secretary of State of information concerning any Riverside Dr. N.Y., N.Y., 10025. No Specific location: NY County. Principal business location: served. SSNY shall mail process to: c/o NY (SSNY) on 3/12/08. Office location: NY factual material there-to, commits Date of Dissolution. Purpose of LLC: to Times Square Tower, 7 Times Sq., 25th Fl., NY, Kirkland & Ellis LLP, Attn: John L.Budetti, County. SSNY has been designated as agent engage in any lawful act or activity. NY 10036. LLC formed in Delaware (DE) on 153 East 53rd St., NY, NY 10022. DE address upon whom process may be served. The Post a fraudulent act , which is a 11/29/07. SSNY designated as agent of LLC of LP: Corporation Service Company, 2711 Office address to which the SSNY shall mail a crime. They will be subject to upon whom process against it may be served. Centerville Rd., Ste. 400, Wilmington, DE Notice of Qualification of Tiger Europe LP, SSNY shall mail process to: c/o Corporation 19808. Name/address of genl. ptr. available copy of any process against the LLC served a civil penalty not to exceed App. for Auth. filed Sec'y of State (SSNY) Service Company (CSC), 80 State St., Albany, from SSNY. Cert. of LP filed with DE Secy. upon him is C/O the LLC, 25 West 31st Street, five thousand dollars and the 2/27/08. Office location: NY County. LP org. in NY 12207. DE address of LLC: c/o CSC, 2711 of State, Federal & Duke of York Sts., Dover, 11th floor, New York, NY 10001. Purpose of DE 2/26/08. SSNY designated as agent of LP Centerville Road, Ste. 400, Wilmington, DE DE 19901. Purpose: any lawful activities. LLC: to engage in any lawful activity. Street stated value of the claim for upon whom process against it may be served. 19808. Arts. of Org. filed with DE Secy. of address of Principal Business location is: 25 each violation. SSNY shall mail copy of process to Attn: State, 401 Federal St., Ste. 4, Dover, DE 19901. 1103-1105 SHERIDAN AVE. LLC, a domestic West 31st Street, 11th floor, N.Y., N.Y., 10001. Anyone knowing of a fraudulent Elena Piliptchak, 448 Greenwich St., Apt. 3, Purpose: any lawful activity. Limited Liability Company (LLC) filed with the NY, NY 10013. DE office addr.: c/o CSC, 2711 Sec of State of NY on 4-1-08. NY Office location: Notice of Formation of Mangan/Horan LLC. act should call Mark Schwartz at: Centerville Rd., Wilmington, DE 19808. Cert. Notice of Qualification of docuMATCH, LLC. New York County. SSNY is designated as Arts. of Org. filed with Secy. of State of N.Y. agent upon whom process against the LLC (SSNY) on 3/6/08. Office location: NY County. Amalgamated Life of LP on file: SSDE, Townsend Bldg., Dover, Authority filed with NY Dept. of State on Insurance Company DE 19901. Name/addr. of each gen. ptr. avail. 4/4/08. Office location: NY County. LLC may be served. SSNY shall mail a copy of SSNY designated as agent of LLC upon whom any process against the LLC served upon process against it may be served. SSNY shall at SSNY. Purpose: any lawful activities. formed in Delaware (DE) on 4/1/08. NY Secy. 730 Broadway of State designated as agent of LLC upon him/her to Mandell, Mandell, Okin & Edelman, mail process to principal business location: New York, NY 10003 whom process against it may be served and LLP, 3000 Marcus Ave., Lake Success, NY The LLC, c/o Mona Mangan, 1025 Fifth Ave., CUTLER SOHO, LLC, a domestic Limited shall mail process to the principal business 11042. General purposes NY, NY 10028. Purpose: any lawful activity. 212-539-5000 Liability Company (LLC) filed with the Sec of address: 1221 Ave. of the Americas, NY, NY State of NY on 7-28-04. NY Office location: 10020. DE address of LLC: The Corporation New York County. SSNY is designated as Trust Co., 1209 Orange St., Wilmington, DE REQUEST FOR PROPOSALS agent upon whom process against the LLC 19801. Arts. of Org. filed with DE Secy. of may be served. SSNY shall mail a copy of State, 401 Federal St., Dover, DE 19901. Lincoln Center Development Project, Inc. any process against the LLC served upon Purpose: any lawful activity. Advertisement for Bid • 04/10/08 him/her to The LLC, 115 E. 57th St., NY, NY 10022. General purposes. Sealed bids for Lincoln Center’s Transportation Improvement Project, Package 5, Concourse Garage Renovations (GC and Electrical) will be received by NOTICE OF FORMATION OF E.K. Wallace Turner Construction Company, 375 Hudson Street - 6th Floor, New York, New York, 10014, on behalf of Lincoln Center Development Project, Inc. on May Securities LLC. Article of Organization filed 30, 2008 at 11:00 AM. Sealed bids will be publicly opened and read. Each bid must be prepared and submitted in accordance with the Instructions to Bidders Notice of Formation of JC Sunrise LLC. Arts. with the Secretary of State of NY (SSNY) on and must be accompanied by a bid bond in the amount of 5% of the bid value. of Org. filed with NY Dept. of State on 3/20/08. 12/18/07 Office location NEW YORK County. Prospective Bidders are advised of the following Bid Packages: Office location: NY County. Secy. of State SSNY has been designated as agent upon whom process against it may be served. The designated as agent of LLC upon whom Bid Package # 5 - GC: General Contracting (Includes scopes of work as shown on the Drawings and Specifications enumerated by the Architectural, Structural Post Office address to which the SSNY shall and Civil/Traffic on Specifications Table of Contents pages TOC-1 through TOC- 5). process against it may be served and shall mail a copy of any process against the LLC mail process to the principal business address: served upon him/her is C/O the LLC 270 Bid Package # 5 - Electrical including Temporary Light and Power (Specifications Table of Contents page TOC-4) c/o Botsaris Realty Group, 358 5th Ave., Lafayette Street, Suite 1301. New York, NY The scope of work includes creation of a new vehicle entrance ramp, ventilation fan room and reconfiguration of an existing loading dock, demolition, NY, NY 10001. Purpose: any lawful activity. 10012. Purpose of LLC: to engage in any excavation, concrete, miscellaneous general carpentry, new fire alarm system and expansion of existing fire alarm system, lighting and power. lawful act or activity. Street address of Principal Business location is: 270 Lafayette Street, The Contracts for Package 5 Mechanical, Plumbing and Fire Protection Work, as shown on the Drawings and Specifications (Table of Contents pages TOC-3 NOTICE OF QUALIFICATION OF Energy Solutions Suite 1301. New York, NY 10012. through TOC-4) have already been bid out and are being awarded. International, LLC Application for Authority filed with the Secretary of State of New York This project involves phasing and logistical considerations dictated by a fully operational performing arts campus, thus work procedures will be governed (SSNY) on January 22, 2008. N.Y. Office Notice of Qualification of Heritage Education by the Rules and Regulations and supplementary general conditions included in the bidding documents. Location: New York County. LLC formed in and Festivals, LLC. Authority filed with NY The project schedule for the General Contracting and Electrical trades is September, 2008 through September, 2009. Florida on 05/25/07 SSNY has been designated Dept. of State on 3/14/08. Office location: NY as agent of LLC upon process against County. Principal business address: 2650 S. All successful bidders will be required to provide a performance bond in the amount of 100% of the bid value and a payment bond as follows: Decker Lake Blvd., Ste. 200, West Valley, UT 01/22/08 it may be served. The P.O. address 1) 50% of the contract price if the contract price is not more than $1,000,000 to which the SSNY shall mail a copy of any 84119. LLC formed in Delaware (DE) on process against the LLC served upon him/her 9/16/99. NY Secy. of State designated as 2) 40% of the contract price if the contract price is more than $1,000,000 but not more than $5,000,000. agent of LLC upon whom process against is C/O the LLC: 488 Seventh Avenue, 5C, New 3) $2,500,000 if the contract price is more than $5,000,000 York, NY 10018. The Principal Business it may be served and shall mail process to: Address of the LLC/LLP is: 488 Seventh c/o CT Corporation System, 111 8th Ave., This Contract is subject to the Federal Transit Administration (FTA) requirements, including the Disadvantaged Business Enterprise (DBE) requirements. Avenue, 5C New York, NY 10018 Dissolution NY, NY 10011, registered agent upon whom DBE goal is 11%. process may be served. DE address of LLC: date: No Specific Date Purpose of LLC/LLP: Interested bidders are strongly encouraged to submit Vendex applications to the Mayors Office of Contracts as Vendex is a contract requirement. Any lawful act or activity. The Corporation Trust Co., 1209 Orange St., Wilmington, DE 19801. Arts. of Org. filed There will be an optional Site Walk-through and a Pre-Bid Conference, suggested but not mandatory, for all interested bidders to be held at the field offices with DE Secy. of State, 401 Federal St., Dover, of Turner Construction Company, 175 West 62nd Street (Damrosch Park), New York, NY 10023 on May 1, 2008 from 1: 30 pm to 3:00 p.m. Name: ADAM PL0TCH LLC Art. Of Org. Filed DE 19901. Purpose: any lawful activity. Sec. Of State NY 4/12/06 Off. Loc.: New York Bid documents will be available beginning on April 21, 2008 at: Co. National registered Agents, Inc. designated BPI Reprographics as agent upon whom process against it may NOTICE OF FORMATION of The Burlesque Lingerie Company L.L.C. Arts. of Org. filed 11 Broadway, New York, New York 10004 be served. SSNY to mail copy of process to Phone: 212-514-8010 THE LLC, C/O National Registered Agents, with the Secretary of State of NY(SSNY) on 1/14/08. NY office location: NY County. SSNY Fax: 212-514-8038 Inc., 875 Avenue Of the Americas, Ste. 501, Attention: Irwin Sherman NY, NY 10001. Purpose: Any lawful act has designated as agent upon whom process against it may be served and shall mayprocess Please call to place an order before pickup. The cost of the bid documents is $75.00 and is refundable in accordance with instructions included in the bidding to : Business Filings Inc., 187 Wolf Rd. Suite documents. 101, Albany N.Y.12205.The principal business Notice of Qualification of Dal Si America LLC. Bid Requests for Information (RFIs) shall be submitted in writing prior to the end of business day on May 15, 2008 to: Authority filed with Secy. of State of N.Y. address of the LLC: 244 5th Ave., Suite P236, (SSNY) on 4/9/08. Office location: NY County. NY, NY 10001. Purpose: any lawful act. Turner Construction Company LLC formed in California (CA) on 4/1/08. 375 Hudson Street, 6th floor SSNY designated as agent of LLC upon whom Notice of Formation of Global Design Strategies New York, NY 10014 process against it may be served. SSNY shall LLC. Arts. of Org. filed with NY Dept. of State Attn: Keith Finerty mail process to: United Corporate Services, on 4/1/08. Office location: NY County. Secy. of [email protected] Ten Bank St., Ste. 560, White Plains, NY State designated as agent of LLC upon whom For Assistance pertaining to this Advertisement, contact Keith Finerty at 212-229-6457 or Anthony Juhas at 212-229-6176. 10606, registered agent upon whom process process against it may be served and shall may be served. CA address of LLC: 1017 mail process to the principal business address: Maybrook Drive, Beverly Hills, CA 90120. Arts. c/o Michael D. Kirchmann, 75 Rockefeller Pl., of Org. filed with CA Secy. of State, 1500 11th 20th Fl., NY, NY 10019, registered agent upon To place your classified ad call John Gallagher St., 3rd Fl., Sacramento, CA 98514. Purpose: whom process may be served. Purpose: any @ 212-210-0189 any lawful activity. lawful activity.

May 5, 2008 | Crain’s New York Business | 31 CNYB 05-05-08 A 32 5/1/2008 5:39 PM Page 1

NEIGHBORHOOD JOURNAL S. Bronx supermarket could get priced out

square foot and has pledged to make Vornado does not comment on an expansion of residential develop- spokesman. “But the proposal was New owner raises $2 million in store improvements. future projects. ment along the Brooklyn water- quite bold and would require signif- rent at shopping But so far, the two sides have been The next-closest supermarket is front, offered little compensation icant additional funding.” unable to come to terms. a Pathmark,which lies more than 10 for all the traffic and people it added. This fall, DOT will make a bike mall; Key Food “No supermarket can pay that blocks away, a distance that will So when Community Board 1 path on Kent Avenue the old-fash- kind of money, certainly not in that prove difficult for seniors and young overwhelmingly approved a plan ioned way—by painting stripes on could be casualty neighborhood,” says Richard Lip- families to navigate with groceries. last month to turn traffic-clogged the asphalt and creating a passage in fight is brewing in sky, head of the Neighborhood Re- Just last week,the Department of Kent Avenue into a greenway,many a lane currently used for parking. the South Bronx over tail Alliance, a group fighting to City Planning released a report on felt the area had claimed something Such an effort may seem halfheart- the future of the Sound- keep supermarkets in New York the accessibility of supermarkets long overdue. ed to some, but Ms. Toro believes it view neighborhood’s City’s outer boroughs. and fresh produce to city residents. “This is an important way to re- represents progress nonetheless. largest supermarket, The area of Bronx Community The report ranked the South Bronx store a balance between open space “We won’t have the green part of AKey Food. Board 9, which includes the shop- below the median in terms of gro- and growing population,” says the greenway, but we will have the Situated on Bruckner Boulevard ping center,has six supermarkets for cery store accessibility. Teresa Toro, chair of the board’s footprint,” she says. at White Plains Road, the 30,000- its 180,000 residents. Key Food ac- A spokeswoman for the depart- transportation committee. —matthew sollars square-foot grocery store may be cepts nearly $2 million in food ment says while there are some The rub is that forced to close when its lease expires stamps from the low-income neigh- measures the city can take to keep despite the board’s A PLAN to turn Williamsburg’s at the end of the year. borhood’s residents each year. supermarkets in New York, when it vote, the greenway is Kent Avenue into a greenway. Vornado Realty acquired the “People rely on that store to be comes to private property, there is a still years away from Bruckner Plaza shopping center, there,”says Enrique Vega,chairman limit to what the city can do. taking shape. The where Key Food is one of the an- of the Community Board. “We’ve —hilary potkewitz city’s Department of chors, for $165 million last year. heard they [Vornado] want to knock Transportation says Last month, the developer said it down the grocery store and put in it currently has plans to quintuple rents to about $50 another big-box store.” The slow greening enough money only per square foot. The shopping center currently of Williamsburg to design the green- Jules Levine, owner of Key Food houses a Staples and a Kmart. “The way. parent Pick Quick Foods, has stated community doesn’t want another williamsburg residents have “We are moving he is willing to pay more than his big-box store; they want a super- long felt that the city’s massive 2005 forward with a de- current rent of less than $10 per market,” Mr. Vega adds. rezoning, which paved the way for sign,” says a DOT

PUBLIC & LEGAL NOTICES

Notice of Qualification of Legallylooking.com Notice of Formation of 544 UNION OWNER Notice of Formation of LIFE JUNCTIONS LLC. Notice of Formation of Primeiro Productions Notice of Formation of Planet B-Boy LLC. Authority filed with Secy. of State of N.Y. LLC. Arts. of Org. filed with Secy. of State of Arts. of Org. filed with Secy. of State of NY LLC. Arts. of Org. filed with Secy. of State of Distribution, LLC. Arts. of Org. filed with NY (SSNY) on 3/18/08. Office location: NY N.Y. (SSNY) on 12/8/06. Office location: NY (SSNY) on 3/12/08. Office location: NY NY (SSNY) on 01/23/08. Office location: NY Dept. of State on 4/10/08. Office location: NY County. LLC formed in Delaware (DE) on County. SSNY designated as agent of LLC County. SSNY designated as agent of LLC County. Principal business location: c/o County. Secy. of State designated as agent of 3/4/08. SSNY designated as agent of LLC upon whom process against it may be served. upon whom process against it may be served. Levine Plotkin & Menin, LLP, 1740 Broadway, LLC upon whom process against it may be upon whom process against it may be served. SSNY shall mail process to principal business SSNY shall mail process to principal business 22nd Fl., NY, NY 10019. SSNY designated as served and shall mail process to the principal SSNY shall mail process to principal business location: The LLC, 70 W. 93rd St., Ste. 100, location: 315 W. 70th St., #15L, NY, NY 10023, agent of LLC upon whom process against it business address: 150 W. 28th St., Ste. 502, location: c/o Mr. Byron M. Henderson, 138 W. NY, NY 10025. Purpose: any lawful activity. Attn: Stacy S. Kim, registered agent upon may be served. SSNY shall mail process to: NY, NY 10001. Purpose: any lawful activity. 133rd St., #2C, NY, NY 10030. DE address of whom process may be served. Purpose: any The LLC, 135 Central Park West, 6N, NY, NY LLC: c/o Corporation Service Company, 2711 lawful activity. 10023. Purpose: any lawful activity. Notice of Qualification of Joffee-333 W. 39 Centerville Road, Ste. 400, Wilmington, DE Notice of Formation: Solar Smart, LLC (LLC) Arts. of Org. Filed with the Sec.of State NY Realty LLC. Authority filed with NY Dept. of 19808. Cert. of Form. filed with DE Secy. of Notice of Qualification of The Catalyst Notice of Formation of VHSOURCE LLC, a State on 4/10/08. Office location: NY County. State, Townsend Bldg., Dover, DE 19901. (SSNY) on 4/8/2008. NY Office Location: New York County. SSNY Desig. Agent of LLC Distressed Mortgage Fund, L.P. Authority filed domestic Limited Liability Company. Arts. LLC formed in Delaware (DE) on 11/13/07. Purpose: information services and any other with NY Dept. of State on 4/11/08. Office of Org. filed with the SSNY on 03/07/08. NY Secy. of State designated as agent of LLC purposes permitted by applicable law. upon whom process against it may be served. SSNY to mail copy of process to location: NY County. LP formed in Delaware Office location: NY County. SSNY has been upon whom process against it may be served LLC at 224 West 30th St., Suite 403, New (DE) on 4/1/08. NY Secy. of State designated designated as agent upon whom process and shall mail process to: c/o Cowan, Notice of Qualification of Creative Merchandise York, NY 10001-4905. Purpose: any lawful as agent of LP upon whom process against it against the LLC may be served. SSNY shall Liebowitz & Latman, P.C., 1133 Ave. of the Group LLC. Authority filed with Secy. of State purpose. may be served and shall mail process to the mail a copy of process to: The LLC, 302 West Americas, NY, NY 10036, Attn: Simon Gerson, of N.Y. (SSNY) on 3/13/08. Office location: NY principal business address: 767 3rd Ave., 105th Street, #3C, NY, NY 10025. Purpose: Esq. DE address of LLC: c/o The Corporation County. LLC formed in Delaware (DE) on 32nd Fl., NY, NY 10017. DE address of LP: 15 Any Lawful Purpose. Trust Co., 1209 Orange St., Wilmington, DE 11/20/07. SSNY designated as agent of LLC Notice of Formation of INNOVA CREATIVE E. North St., Dover, DE 19901. Name/address 19801. Arts. of Org. filed with DE Secy. of upon whom process against it may be served. SERVICES LLC. Arts. of Org. filed with Secy. of genl. ptr. available from NY Secy. of State. Notice of Formation of Catalyst Advisors LLC. State, 401 Federal St., Dover, DE 19901. SSNY shall mail process to: c/o The LLC, of State of NY (SSNY) on 04/14/08. Office Cert. of LP filed with DE Secy. of State, 401 Arts. of Org. filed with NY Dept. of State on Purpose: any lawful activity. 1375 Broadway, 15th Fl., NY, NY 10018. DE location: NY County. SSNY designated as Federal St., Dover, DE 19901. Purpose: any 4/2/08. Office location: NY County. Principal address of LLC: c/o United Corporate Services, agent of LLC upon whom process against it lawful activity. business address: 205 E. 59th St., Apt. 21C, NY, may be served. SSNY shall mail process to: Notice of Formation of CUSHNIE ET OCHS, Inc., 874 Walker Road, Ste. C, Dover, DE NY 10022. Secy. of State designated as agent of LLC. Arts. of Org. filed with Secy. of State 19904. Arts. of Org. filed with DE Secy. of c/o Elisabeth M. Kovac, Esq., 90 Park Ave., Notice of Qualification of Locust Wood Select LLC upon whom process against it may be Ste. 1710, NY, NY 10016. Purpose: any Capital Management, LLC. Authority filed with of NY (SSNY) on 3/5/08. Office location: NY State, Townsend Bldg., Dover, DE 19901. served and shall mail process to: Nancy C. County. Principal business location: 124 W. Purpose: any lawful activity. lawful activity. Secy. of State of N.Y. (SSNY) on 2/25/08. McDonald, Esq., c/o McDonald Law Group, Office location: NY County. LLC formed in 36th St., Ste. 501, NY, NY 10018. SSNY LLC, 25-A Hanover Rd., Ste. 320, Florham Park, designated as agent of LLC upon whom Delaware (DE) on 2/7/08. SSNY designated NJ 07932. Purpose: any lawful activity. Notice is hereby given that a license, number Notice of Formation of YESH CONSULTANTS as agent of LLC upon whom process against process against it may be served. SSNY 1207851 for beer and wine has been applied LLC. Arts. of Org. filed with Secy. of State of it may be served. SSNY shall mail process to: shall mail process to: c/o Edmonds & Co., for by the undersigned to sell beer and wine N.Y. (SSNY) on 3/31/08. Office location: NY 1540 Broadway, Ste. 1504, NY, NY 10036. Notice of Formation of SPEARPOINT CAPITAL P.C., 112 Madison Ave., 3rd Fl., NY, NY at retail in a restaurant under the Alcoholic County. SSNY designated as agent of LLC DE address of LLC: 1209 Orange St., MANAGEMENT, LLC. Arts. of Org. filed with 10016. Purpose: any lawful activity. Beverage Control Law at 242 East 50th upon whom process against it may be served. Wilmington, DE 19801. Cert. of Form. filed Secy. of State of N.Y. (SSNY) on February 22, SSNY shall mail process to: 220 Riverside Street, New York, New York 10022 for on with DE Secy. of State, P.O. Box 898, Dover, 2008. Office location: New York County. SSNY Notice of Qualification of 835 6th Ave Master Blvd., Apt. #38B, NY, NY 10069. Purpose: any premises consumption. DE 19903. Purpose: all lawful purposes. designated as agent of LLC upon whom L.P. Authority filed with NY Dept. of State on lawful activity. process against it may be served. SSNY shall 3/14/08. Name amended to 835 6th Ave Notice of Qualification of ELK Central mail process to: The LLC, 245 Park Avenue, Master LP. Office location: NY County. LP Notice of Qualification of Bluestone Plaza East, Properties Orchard LLC. Authority filed with Suite 39041, New York, NY 10167. Purpose: formed in Delaware (DE) on 3/13/08. NY Secy. LLC. Authority filed with Secy. of State of N.Y. Secy. of State of N.Y. (SSNY) on 3/18/08. any lawful activity. of State designated as agent of LP upon Advertise on (SSNY) on 4/2/08. Office location: NY County. Office location: NY County. LLC formed in whom process against it may be served and LLC formed in Delaware (DE) on 5/3/07. SSNY Delaware (DE) on 3/14/08. SSNY designated NOTICE OF FORMATION of RBR Technology shall mail process to the principal business designated as agent of LLC upon whom as agent of LLC upon whom process against LLC. Arts. Of Org. filed with Secy. Of State of address: c/o J.D. Carlisle Development Corp., www.crainsnewyork.com process against it may be served. SSNY shall it may be served. SSNY shall mail process to N.Y. (SSNY) on 1/07/08. Office location: New 352 Park Ave. So., 15th Fl., NY, NY 10010, mail process to: Rivkin Radler LLP, 926 Rex principal business location: ELK Investors, 489 York County. SSNY designated as agent of Attn: John LaGratta. DE address of LP: 2711 Corp Plaza, Uniondale, NY 11556, Attn: Fifth Ave., 7th Fl., NY, NY 10017. DE address LLC upon whom process against it may be Centerville Rd., Ste. 400, Wilmington, DE Call John Gallagher Stephen Weissman, Esq. Principal office of of LLC: c/o Corporation Service Company, served. SSNY shall mail process to: 460 19808. Name/address of genl. ptr. available LLC: 30 Broad St., 33rd Fl., NY, NY 10004. 2711 Centerville Road, Ste. 400, Wilmington, West 24th Street, #7B, NY, NY 10011. from NY Secy. of State. Cert. of LP filed with Arts. of Org. filed with DE Secy. of State, 401 DE 19808. Arts. of Org. filed with DE Secy. of Principal business location: 460 West 24th DE Secy. of State, Corp. Dept., Loockerman & @ 212-210-0189 Federal St., Dover, DE 19901. Purpose: any State, 401 Federal St., Dover, DE 19901. Street, #7B, NY, NY 10011. Purpose: Any Federal Sts., Dover, DE 19901. Purpose: any lawful activity. Purpose: any lawful activity. lawful activity. lawful activity.

32 | Crain’s New York Business | May 5, 2008 Project2 5/1/08 12:14 PM Page 1 CNYB 05-05-08 A 34 5/1/2008 5:35 PM Page 1

SMALL BUSINESS

2001 to use a $15,000 loan IN A NUTSHELL ’80s garage-band rocker from his mother to start Festival DAN ZANES Five. Being his back as cottage industry own boss means CDs SOLD 375,000 netting $8 to $10 FESTIVAL FIVE RECORDS on each CD he STAFFERS 3 full-time, whose wild, bed-head hair and we were, the more we could take it sells instead of 2 part-time Dan Zanes finds Technicolor suits make him instant- easy—and the truth is really the op- having to settle success spanning ly recognizable—has built a cottage posite,” Mr. Zanes says. for a small per- MUSICAL INSPIRATIONS 1988: industry. His eight CDs of what he Today, he tours relentlessly with centage of those Sam & Dave, Chuck Berry; 2008: genres and media; calls “all-ages music,” plus his inde- his six-member band. In April, the revenues, as Mr. Ramito (Puerto Rican folk singer), own label is critical pendent label and an array of mer- group’s seven-city tour went from Zane would if he Ramón Ayala (Mexican chandise, are garnering annual sales Massachusetts to Nebraska to were signed with accordionist) of more than $1.5 million. British Columbia. The shows, held a major label. BEST-SELLER Catch That Train, BY STEVE GARMHAUSEN in high-profile concert venues, earn The job of 84,000 copies at $16.98 Cross-generational plenty of media coverage as well as getting his music

t pays to keep an ear tuned mr. zanes’ 2006 release, Catch profits. into retailers like getty images to the market, no matter how That Train, won a Grammy for Best Mr. Zanes is also paying closer Barnes & Noble surprising its tastes may seem. Musical Album for children,and his attention to details this time, ensur- and Wal-Mart belongs to his long- to Brooklyn—and spontaneous Dan Zanes discovered that music videos have appeared on PBS, ing that his managers are up to the time friend and business manager, music-making. only grudgingly. Noggin and the Disney Channel. task and pushing himself harder. Peter Wright,and to his distribution He has been praised for eliminat- IIn 1998, when friends and Mr. Zanes is developing a televi- “I used to take everything for company, Virtual Label. ing the line between kids’and adults’ neighbors raved about the songs he sion program with Disney in which granted; now I thank people,” Mr. music, a process that has given him a had recorded on a cassette for his he will also be starring. Meanwhile, Zanes says. “I take success more se- Stylistic freedom broader, more enduring audience. baby daughter, now 13, the singer, he’s seeking out more artists to riously. I really try to work my tail having his own label also pro- “From a commercial standpoint, songwriter and former front man for record for his independent label, off.” vides Mr. Zanes with more artistic his music has a much longer shelf life 1980s rockers the Del Fuegos, did- Festival Five Records,in Park Slope, Though he’s clearly more an freedom than most musicians are al- than many kids’ artists,” says Stefan n’t pay much attention. He was busy Brooklyn. artist than an entrepreneur, he read lowed—an autonomy that he has Shepherd, a children’s music writer trying to resurrect his rock career at Oddly enough, he readily con- up on the topic. One of his favorite fully exploited. who runs the blog Zooglobble. the time. cedes that he owes much of the books on the subject,Paul Hawken’s His song styles range from folk Of course, it doesn’t hurt that “I had never expected that the achievement to lessons learned from How to Grow a Business, is not only to rock to chanteys,and instruments friends like Sheryl Crow, Aimee recording was going to turn into the myriad mistakes he made during a primer but espouses using capital- include accordion, banjo, guitar, Mann and Lou Reed have appeared anything except a holiday gift,” he the Del Fuegos era—the whopper ism to do good. pump organ, tuba and violin. His on Mr. Zanes’ albums. says. being the sin of complacency. Mr. Zanes’ success stems in part original lyrics celebrate family life, Ten years later, Mr. Zanes— “I thought the more successful from the savvy decision he made in community—with many references COMMENTS? [email protected]

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34 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 35 5/1/2008 8:14 PM Page 1

BUSINESS CORPORATE LADDER A magazine veteran switches to cable TV PAGE 37

GOTHAM GIGS Floating notes Keeping their day jobs thirty-two years ago, OLGA BLOOM, 89, sought to change the face of chamber Moonlighting musicians make the most of the Web music. She created Bargemusic, a floating concert hall at the Fulton Ferry landing in Brooklyn, and has helped run it ever since. CREATING THE SPACE Ms. Bloom moved to New York in her 20s to work as a violinist and ultimately found herself wanting to create a year-round venue that would make classical music more accessible. “I was concerned about the public awareness of music,” she says. “I thought only familiarity would succeed.” FAR REACH With three staffers, Ms. Bloom and business partner Mark Peskanov, also a violinist, book performers from around the world. She occasionally plays briefly before a concert. FULL BOAT The hall, built from a 100-foot steel barge, features two to four classical concerts a week. Its 180 seats, at $35 each, are often sold out—even in winter. “We’re sitting right beside the Brooklyn Bridge,” Ms. Bloom says. “We rise and fall with the tides.” —adrianne pasquarelli

MEET THE MUSSELS: Brody Boyer, on EXPERT OPINIONS drums; Brandon Lenihan (guitar, immediate left); John Niccoli (guitar, far left); and Dan MOTHER’S DAY Briggs (bass, right). GIFT GUIDELINES give gifts by stage.For moms celebrating a new arrival, try commemorative items like a framed sonogram or footprint. As kids get older, BY ELISABETH BUTLER CORDOVA moms are desperate for THE STATS othing helps joseph bachana unwind from the stress of downtime, like a day away at a No. of live-music venues in NYC spa. In the empty-nest stage, running his technology consulting firm, DPCI, better than kids should visit and spend tickling the ivories—especially when he’s performing on stage for * time at home. When moms adoring fans. become grandmothers, return to keepsakes. Personalized But the 44-year-old father of two has no dreams of giving up his pillows, totes or aprons with day job for a life in the music business. Instead, he uses his pictures of the new baby are all technology know-how to help fill seats for his monthly gig at the 152 things Grandma Metropolitan Room. New York bands on MySpace will show off He has posted nine performance videos on YouTube, and his to her friends. Facebook page features him playing “Rhapsody in Blue” with gusto. Mr. Bachana, who has been

istockphoto —megan performing for nearly a decade, says it has never been easier to connect with fans. howard N“A kid who posts on YouTube can get hundreds of views,” he says, adding that musicians Editor in chief can shoot a video of themselves and have it on the Internet in under an hour. “It’s miraculous *Zagat830 nightlife guide, 2007-08. Gifts.com that that’s where we are now.” See WEB HELPS on Page 36 buck ennis

May 5, 2008 | Crain’s New York Business | 35 CNYB 05-05-08 A 36 5/1/2008 8:16 PM Page 1

BUSINESS LIVES Web helps performers lead double lives Continued from Page 35 Southwest festival. MySpace—and that’s certainly not salary. “It’s really challenging, be- The digital age has decimated Mr. Boyer, 31, who checked his a full count.Technology helps some cause people don’t want to pay you the music business but has been a computer frequently along the way, moonlighters compete with full- for your art,” she says. boon to moonlighting musicians, judged the tour a success. time performers for gigs. To prepare for re-entry into of- who shed their daytime personas for “We definitely had a big increase Julian Yeo, an assistant professor fice life, she switched her hair color

a little nighttime limelight. The in MySpace traffic after that,” he at Columbia University, used his from bright pink to auburn and istockphoto days of posting fliers on telephone says. The band received more than MySpace account to get media ex- bought the first business suit she has poles are so over. 100 hits a day during the tour, and posure. Cabaret Scenes magazine, owned in years. WHERE TO CATCH Using relatively inexpensive online sales quadrupled. TalkinBroadway.com and Cabaret- Even so, Ms. Silverman—who MOONLIGHTING recording software such as Garage- Expanding the audience and Exchange.com have reviewed his declines to give her age and signs her band, groups can cut albums in their generating buzz is key, because it’s music. e-mails with “Rock on”—isn’t giv- MUSICIANS living rooms. They can promote harder than ever for groups like The “It has definitely brought me a ing up on music. She still leads her themselves on social networking wider audience,” says Mr. Yeo, 31. band and continues to nurture a 7- ROCK CLUBS sites such as Facebook and easily sell He now makes enough money year old hard-rock tour she started, Union Hall, 702 Union St., their songs through iTunes and ‘I never became singing to finance his hobby. called Girls Rock & Girls Rule.She Brooklyn Amazon.com. recently hired a designer to overhaul Southpaw, 125 Fifth Ave., Letting loose It’s a winning formula for those straight-laced; the tour’s Web presence. Brooklyn who need the creative outlet of per- when he croons jazz standards Other part-timers have long Cake Shop, 152 Ludlow St. forming but also enjoy their nine- I’ll never stop like “C’est Si Bon” at the River since given up on making it big, but to-five jobs—or at least the steady Room in Harlem and other spots, they still use the Web to attract Mercury Lounge, 217 E. paycheck that comes with them. playing’ Mr. Yeo unleashes emotions he crowds. Houston St. Band members can manage most carefully checks in the classroom. Jay Stein, chief operating officer JAZZ CLUBS aspects of their double lives by go- “During work hours, I use one for Hampshire Hotels & Resorts, ing online during lunch. side of my brain, and at night I get carries his ax to work on rehearsal Iridium, 1650 Broadway to utilize the other side,” says the days and is known to change out of The River Room, Vacation on the road Mussels to get bookings in their Australia native, who has produced his suit in the car before a gig with 750 W. 145th St. brody boyer, an associate design hometown. two CDs himself. cover band Plain Jane. Underground Lounge, director at branding firm Dragon “The number of live music ven- Of course, some do dream of At 51,he can’t imagine giving up 955 West End Ave. Rouge,is used to organizing his mu- ues in New York City is decreasing fame and fortune. his corner of the stage, even though The Triad, sical activities online and around his dramatically,”says Rob Bookman, a Gail Silverman tried to make a his high-level job sometimes crimps 158 W. 72nd St. work schedule. lawyer who advises the New York career of music five years ago when his band schedule. BARS Mr. Boyer used two of his three Nightlife Association. “I can think her marketing job with ABC moved “I look pretty straight-laced, but Cabin Fever, 1439 York Ave. vacation weeks this spring to drive of so many cool rock clubs that are to California. She put her band, G- I don’t think I ever became straight- cross-country with his indie rock gone.” In addition to the famed spot, on MySpace early as a way to laced,” he says with a chuckle. “I’ll Rhythm & Brews, 1674 band,The Mussels. CBGB, the missing include Sin-e, develop its fan base.To pay her bills, never stop playing.” Richmond Ave., Staten Island They did shows in small towns Coney Island High and Wetlands. she took freelance marketing jobs. Yer Man’s Irish Pub, 70-26 en route to Austin, where they At the same time,more than 800 Ms. Silverman is now looking to COMMENTS? 88th St., Queens played during the popular South by New York-based bands are listed on head back to a full-time job and its [email protected]

THE WEEKS AHEAD

THIS WEEK’S EVENTS MAY 7 Charles Schumer. 8 a.m. to 9:30 a.m., (212) 239-1000 or MAY 20 MAY 6 B’nai B’rith Real Estate Unit holds Grand Hyatt Hotel, East 42nd Street [email protected]. TiE-Tristate holds program on Verizon Wireless holds conference on lunch with developers of the Chelsea and Grand Central Terminal. Fee: $70. MAY 14 opportunities in the real estate sector. mobile convergence technology. 9 a.m. condo boom. 12 p.m. to 2 p.m., Cornell (212) 210-0739 or NYC Business Solutions holds seminar 6 p.m. to 9 p.m., Nixon Peabody, 437 to 7 p.m., New World Stages, Club, 6 E. 44th St., Ivy Room. Fee: $55 www.crainsnewyork.com/events. on building and improving credit. 3 p.m. Madison Ave., 23rd floor. Fee: $25 340 W. 50th St. Free. (908) 626-8368. in advance, $65 at door. MAY 12 to 5 p.m., New York Public Library’s members, $40 nonmembers. MAY 6 (212) 885-7239 or Institute of Management Consultants Science, Industry and Business Library, (646) 530-8979 or Score NYC holds seminar on secrets to a [email protected]. holds seminar on branding in a new age 188 Madison Ave., lower level. Free. [email protected]. successful Web site. 10:15 a.m. to MAY 8 of consulting. 5:30 p.m. to 7:30 p.m., (212) 513-6425 or MAY 20 1 p.m., New York Public Library’s Business Network International, Wall 15 W. 43rd St. Fee: free for members, [email protected]. Meeting Professionals International, Science, Industry and Business Library, Street chapter, holds networking $20 nonmembers. (917) 796-6456 or MAY 14 greater New York chapter, holds career 188 Madison Ave., lower level. Fee: $45 breakfast. 7 a.m. to 8:30 a.m., George’s [email protected]. New York Investing Meetup holds program. 11:30 a.m. to 2:15 p.m., New in advance, $55 at door. & Sons, 89 Greenwich St., second floor. MAY 13 seminar on investing for recession and York Academy of Sciences, 7 World (212) 264-4507 or [email protected]. Fee: $19. (212) 661-4590 or Industrial and Technology Assistance inflation. 6:30 p.m. to 8:30 a.m., 1290 Trade Center, 40th floor. Fee: $50 MAY 6 [email protected]. Corp. holds forum on enhancing and Sixth Ave. Fee: $5. (212) 255-7327. members, $70 nonmembers. Financial Women’s Association holds MAY 8 commercializing green products. MAY 15 (914) 762-1456 or [email protected]. lunch on reality behind the balance Human Resources Association of New 8:30 a.m. to 11 a.m., Las Americas New Star Energy Services, LC MAY 20 between work and life. 12 p.m. to 1:30 York holds seminar on the political roles Conference Center, 55 Exchange Place, Associates, and NES Energy holds Society for Marketing Professional p.m., Merrill Lynch, 250 Vesey St. Fee: of women. 8 a.m. to 10 a.m., Club 101, fifth floor. Fee: $20. executive forum. 7:45 a.m. to 11:45 a.m., Services holds meet-the-media $30 members, $40 nonmembers. 101 Park Ave. Fee: $35 members, $75 (212) 442-2990 or KPMG, 345 Park Ave. Free. breakfast. 8 a.m. to 10 a.m., Penn Club, (201) 827-2891 or nonmembers, $35 student members. [email protected]. (646) 706-7794 or 30 W. 44th St. Fee: $65 members, $85 [email protected]. (877) 625-4769. MAY 13 [email protected]. nonmembers. (212) 499-6565. MAY 6 MAY 8 Camba Small Business Services holds MAY 15 MAY 20 New York Public Library’s Science, Net@Work holds seminar on workshop on credit repair and money Asian Women in Business holds New York Human Resources Planning Industry and Business Library holds simplifying financial and investor management. 10 a.m. to 4 p.m., conference on procurement Society holds program on the science of lecture on achieving returns from reporting. 8:30 a.m. to 10:30 a.m., 884 Flatbush Ave., second floor, opportunities for women and minority- human capital. 4:30 p.m. to 7 p.m., investments without using a broker. 575 Eighth Ave., 10th floor. Free. Brooklyn. Free. (718) 282-2500 or owned businesses. 8 a.m. to 3 p.m., Bank McGraw-Hill, 1221 Sixth Ave. Fee: 5:30 p.m. to 7 p.m., 188 Madison Ave., Registration required. (646) 293-1726. [email protected]. of New York Mellon, 101 Barclay St. $50. (845) 359-8800 or room 018. Free. (212) 592-7000. MAY 8 MAY 13 Free. (212) 868-1368. [email protected]. MAY 7 DataVelocity holds networking Municipal Art Society holds forum on —adrianne pasquarelli Five O’Clock Club holds seminar on reception. 6 p.m. to 9 p.m., Windfall Moynihan Station and what needs to MAY 19-25 advanced interviewing techniques. Lounge & Grill, 23 W. 39th St. Fee: $25 happen next. 6:30 p.m. to 8 p.m., MAY 19 6:30 p.m. to 8:30 p.m., 11 Penn Plaza, in advance, $30 at door. (212) 946-2695 457 Madison Ave. Fee: $12 members, Manhattan Chamber of Commerce TO LIST YOUR EVENT fifth floor. Fee: $50. (914) 788-5482 or or [email protected]. $15 nonmembers. (212) 935-2075. holds business acceleration program. 6 [email protected]. MAY 9 MAY 14 p.m. to 9 p.m., Merrill Lynch, 717 Fifth Crain’s lists business meetings online and includes MAY 7 Epstein Becker & Green holds Prime Strategies holds forum on Ave., seventh floor. Fee: $20 members, them in the print edition on a space-available basis. Gold Place Network holds networking conference on compliance pitfalls for effective networking strategies. 6 p.m. to $30 nonmembers. (212) 473-7805 or Events in New York City with admission fees of less reception. 6 p.m. to 8 p.m., Support foreign companies operating in the 8:30 p.m., City Space Office Suites, [email protected]. than $300 are considered for the print publication. Center, 305 Seventh Ave., 11th-floor United States. 8 a.m. to 10 a.m., Japan 817 Broadway, 10th floor. Fee: $29. MAY 20 Listings can be submitted only through the Crain’s conference room. Fee: $15. Society, 333 E. 47th St., first floor. Free. (212) 679-1209 or Crain’s New York Business holds Web site. To submit a calendar listing, go to (212) 465-8080. (212) 715-1247. [email protected]. networking breakfast and program with www.crainsnewyork.com and click on “Events.” MAY 14 City Council Speaker Christine Quinn. Sponsors have a choice of several free or paid list- More meetings online at MAY 12-18 American Land Services holds course on 8 a.m. to 9:30 a.m., Crowne Plaza Times ing options. All business events will be posted www.crainsnewyork.com MAY 12 tax deferred exchanges and title Square, 1605 Broadway. Fee: $70. online within two business days. Click on “Events” Crain’s New York Business holds insurance. 8:30 a.m. to 12 p.m., (212) 210-0739 or Crain’s can neither confirm receipt of listings nor say networking breakfast and program with 530 Fifth Ave., 15th floor. Free. www.crainsnewyork.com/events. if or when event listings will appear in the print edition.

36 | Crain’s New York Business | May 5, 2008 CNYB 05-05-08 A 37 5/1/2008 8:18 PM Page 1

BUSINESS LIVES CORPORATE LADDER Rob Gregory Print vet moves into TV Former magazine exec worlds of culture, travel and luxury that Plum features. PERSONNEL FILE plans to boost ad “A lot of times, you change posi- tions and you spend most of your COMPANY Plum TV Inc. sales at Plum network; time drawing on your previous gig,” TITLE President, network sales says Mr. Gregory, whose role is a and marketing strong luxury niche new one in the company. “But I’m also going back 20 years to positions AGE 49 BY MATTHEW FLAMM that are relevant to this very inter- RÉSUMÉ Group publisher, esting mix that Plum is about.” Maxim; publisher, Rolling Stone ntil he joined Plum Mr. Gregory left Maxim in Feb- TV last month, Rob ruary, several months after parent MANAGEMENT STYLE Gregory had spent his company Dennis Publishing—now Evangelical entire career in maga- Alpha Media Group—was acquired ON HIS iPOD Jimmy Eat World, zines. But he has been by Quadrangle Capital Partners. R.E.M. Uprepped in other ways for his role as president of network sales and mar- Splurging audience keting at the niche cable network. the former publisher likes the magazine’s Super Bowl party and Plum can be seen in only eight where he has landed, and not just its Sirius Satellite Radio channel. playgrounds of the rich and famous, because cable TV has continued to Plum also has an events program, as including Aspen, the Hamptons, thrive while magazines are strug- well as a network of Web sites. Martha’s Vineyard and Sun Valley. gling in a gloomy ad market. Launched four years ago in three High-powered vacationers who ap- Unlike general consumers, who markets, Plum has been building its

pear on its shows to discuss cooking, are losing confidence in the economy national and local ad sales and ex- buck ennis politics and culture include Loews and likely to pull back on spending, pects to double ad revenue this year, Hotels Chairman Jonathan Tisch Plum’s targeted group of movers and according to Chief Executive Chris well-suited to Plum’s business mod- who is now an executive vice presi- and actor and producer Bob Balaban. shakers can still afford to splurge. Glowacki. He declined to give rev- el,whichlets advertisersreach an elite dent at CNet Networks. Like many in Plum’s audience, “The Plum audience is more enue numbers for the privately held audience across multiple platforms. As happy as he is to be at Plum, Mr. Gregory loves to ski and kayak sought-after than ever before,” Mr. company, but he says that it is prof- Mr.Gregory still expresses affection at tony resorts. He wears an Oris Gregory says,noting that luxury ad- itable in several markets and “near- Multitasking required for the print industry and hopes to Swiss watch. vertisers are least affected by a slow- ing” overall profitability. “as well as being resourceful and return to it someday. “I’ve absolute- And through his work as adver- ing economy. “We now have something that a tenacious and energetic, he’s intelli- ly not closed the magazine chapter tising director of Gourmet and pub- Though Maxim is hardly the ar- guy with Rob’s experience can real- gent, which to me is a prerequisite in my life,” he says. lisher of Travel & Leisure Golf,Men’s biter of opulence and class,Mr.Gre- ly leverage,” he adds. for that kind of multitasking job,” Journal, Rolling Stone and most re- gory will draw on his experience cre- People who have worked with says Stephen Colvin, former chief COMMENTS? cently Maxim, he’s familiar with the ating ad programs that made use of Mr. Gregory agree that his skills are executive of Dennis Publishing, [email protected]

EXECUTIVE MOVES

ACCOUNTING & CONSULTING DeSola Group. director of sales and operations at Trump AlixPartners: James Monastero, 48, joined Womenkind: Melissa Tischler, 31, was Mortgage. HOT JOBS as managing director. He was formerly named director of insight. She had been Sanders Morris Harris Group: Suraj Kalia, chief people officer at BearingPoint. a senior consultant at Faith Popcorn’s 36, was named senior vice president, Capgemini: Christopher Williams, 48, BrainReserve. institutional equity research group. He WANTED: joined as vice president and chief Wunderman: Cameron Kellock, 40, joined had been senior analyst at Piper Jaffray marketing officer, North America. He as senior vice president and creative & Co. EDITORIAL DIRECTOR, INTERNET had been chief marketing and channels director. He had been a creative director U.S. Trust, Bank of America Private Wealth COMPANY Travelzoo Inc. officer at Expand Network. at Partisan. Management: David Polansky, 44, was ExlService Holdings Inc.: Rohit Kapoor, appointed city executive, New York. He JOB DESCRIPTION Produce all Web site content and develop 43, was appointed chief executive and ARCHITECTURE & DESIGN had been an independent consultant. Travelzoo.com president. He was formerly chief NBBJ: Jane Ayers, 51, was promoted to operating officer for the company, which principal from senior associate. HEALTH CARE MOST IMPORTANT TASKS Coordinate producers, product managers, IT he co-founded. Sam Schwartz Engineering: Rob Phillips, HealthPass: Alexander Garnett,62, staff and other departments Rembert de Villa, 51, was named head of 46, joined as chief operating officer. He joined as director of business CREDENTIALS NEEDED Seven-plus years experience managing a transformation. He was formerly global was formerly a consultant at PSMJ development, a newly created position. successful publication, strong analytical and communication skills practice leader for strategic services at Resources Inc. He was formerly vice president of sales MasterCard Advisors. at Connecticare Inc. and experience working with online content Huron Consulting Group: Joseph J. Floyd, CONSUMER PRODUCTS SALARY $80,000 to $120,000, depending on experience 46, was appointed leader, Northeast Shiseido Cosmetics: Linda Ten Eyck, 47, HOSPITALITY & TOURISM region, and continues as vice president. was promoted to senior vice president of New York Public Library: Todd M. Corbin, RECRUITER Internal Marcum & Kliegman: Richard Paris, 37, sales operations from vice president of 31, was appointed chief investment DOWNSIDE Deals and incentives for subscribers may be harder to find was named president. He had been sales operations. officer. He was formerly a vice president director of human resources. Jadzia Tirsch, 45, was promoted to senior at Citigroup. as airline problems increase Brian Lucas, 30, was named vice vice president of advertising and public Pump Energy Food: Adam Eskin, 27, was UPSIDE Great benefits, including travel perks president. He was formerly audit relations from vice president of named chief executive. He was formerly supervisor at Margolin Winer and advertising and public relations. a private equity associate at Wexford. Travelzoo Inc. is a global Internet media company that has 12 million Evens. TourismROI: Jane Baxter Lynn, 52, joined subscribers in the United States, the United Kingdom, Canada and Barbara Walters, 62, was named vice FINANCE & INSURANCE as executive vice president, a newly Germany. The Web site publishes travel deals from more than 900 president. She had been senior account Assurant Inc.: Bart Schwartz, 55, joined created position. She had been president advertisers along with expert reviews of each offer. Forbes magazine executive at Proactive Search. as executive vice president, chief legal of her own company, JBL Strategies. ranked Travelzoo No. 6 on its 2006 list of best-run growth companies. officer and secretary. He had been chief —ANDREW BUCK ADVERTISING & COMMUNICATIONS corporate governance officer, corporate LAW Barker/DZP: Natalie Jamison, 30, joined secretary and chief securities counsel at Akin Gump Strauss Hauer & Feld: Jeffrey as account director. She was formerly the Bank of New York. L. Kochian, 39, joined as partner. He was account supervisor at BBDO New York. Outside Ventures: Victor Cisario, 46, of counsel at Gibson Dunn & Crutcher. Eastwest Marketing Group: Kimberly joined as chief financial officer. He had Debevoise & Plimpton: Catherine M. Nicole Levin Mesard, 35, was promoted Mazur Carp & Rubin: Robert M. Freedman, Orton, 47, was named vice president, been chief financial officer at Fuel Amirfar, 34, was promoted to partner to partner from counsel. 53, joined as of counsel. He had been a group account director. She was Digital Inc. from associate. Jordan C. Murray, 34, was promoted to name partner at Freedman Fish & formerly senior partner at Lippincott. Ridgewood Savings Bank: Arthur P. Erica Berthou, 32, was promoted to partner from counsel. Grimaldi. Fly Communications: Stephen Van Anden, Saitta, 51, joined as assistant vice partner from associate. Kramer Levin Naftalis & Frankel: Ronald Barry I. Lutzky, 50, joined as of counsel. 56, was appointed chief executive. He president and residential business Sean Hecker, 38, was promoted to partner M. Feiman, 57, joined as partner. He was He had been managing partner at was formerly executive vice president of development officer. He was formerly from counsel. formerly a partner at Mayer Brown. Continued on Page 38

May 5, 2008 | Crain’s New York Business | 37 CNYB 05-05-08 A 38 5/1/2008 8:20 PM Page 1

BUSINESS LIVES TABLE TALK by Bob Lape ative Indian cooking,having opened Indian cuisine, but old reliable both Bay Leaf and Utsav Festive In- Kingfisher beer may still be the best dia restaurants. match. His well-seasoned professional- Spice Fusion Indian Bistro is ism shows in gentle tweaking of clas- dandy for pretheater eats, with a sic dishes.To start meals, it might be three-course, $20 deal. The lunch the bird’s nest of crisp potato straws buffet is a value leader, and its deliv- that holds tokri chaat, the crunchy ery service is often less expensive potpourri of puffed rice, onions, po- than the regular menu. There are tatoes and crackers served with chut- box lunches to go for a mere $6.95, neys. Or to conclude, the blueberry complete with main item,vegetable, compote adds a new dimension to rice,nan bread and dal.All this,with kulfi (cardamom ice cream). Chef D’Rozario’s food, is a real buy. Appetizers ($5 to $10) of dis- Or did I already say that? tinction include tandoor treatment of large mushrooms, or similar COMMENTS? [email protected] roasting of baby lamb chops mari- nated in garam masala and sour cream, then brushed with paneer (Indian farmer cheese). Satay kababs are skewered pieces of sliced lamb basted with oriental marinade and grilled on a hot stone. Shanghai spring rolls are crisp packages of chicken and vegetables served with a hot garlic sauce. The kitchen is as deft with cui- sine of India’s southern states as that of the cooler, spicier north. Kerala- style shrimp done with kaffir lime sauce and coconut milk is presented with sauce both under and over the crustaceans, and fish rolls in Goa SPICE FUSION sauce are stuffed with vegetables. INDIAN BISTRO Nigili in green sauce is a tangy take 777 Eighth Ave. (between West 47th and West 48th streets) buck ennis on grilled tilapia. (212) 757-8100 HIDDEN IN PLAIN SIGHT: Satish Arora (left) and Walter D’Rozario of Spice Fusion, a basement restaurant with seating for 75 guests. There is only pleasure to report from meats tasted on several visits, www.myspicefusion.com most notably the lamb chili fry in- ## corporating tender meat marinated in chilies,ginger,garlic,coconut and CUISINE Indian curry leaves and stir-fried with WINES 24 choices, nine by the Tasteful Calcutta show onions and tomatoes. The lamb glass chunks and rich brown sauce in an earthenware crock are to ladle onto DRESS No code one of Spice Fusion’s four rice offer- NOISE LEVEL Moderate comes to Theater Row ings. First-rate goat curry is sim- PRICE RANGE $13-$18; AYCE mered on the bone in yogurt and a brunch buffet, $10.95; er adjacent to the Gray Line bus ern restaurant with salmon-hued mélange of spices and herbs. Spice Fusion offers pretheater, $20 company marquee on Eighth Av- walls,a small bar,new wooden floors So the careful cookery goes,right lively Indian food enue. The value-packed vendor of and seating for 75 guests.That many through seven vegetarian choices, WINE MARKUP 120%-250% lively food of the Asian subconti- and more come to lunch, when a well-made breads and the CREDIT CARDS All major with touch of class; nent is in the basement, reached commodious buffet is offered for desserts—kulfi, lush mango mousse lunch a real bargain down a well-lighted but steep flight $10.95, as well as regular fare. topped with candied ginger, and a RESERVATIONS Suggested of stairs. Dinner is still undiscovered, for carrot halvah cake. HOURS Mon.-Sat., 11 a.m.- For all that, Spice Fusion has the most part, and that’s when The cordial and helpful service 11 p.m. t takes determination to something seldom found among the the kitchen under chef Walter may be attributable to the fact that ####= Outstanding locate the new Indian savory scores of big-bang-for-the-buck D’Rozario really cranks up the tan- an owner of the restaurant, Satish ### sleeper of the theater district, curry couriers in town—a touch of doors, producing an array of de- Arora, also operates the successful = Excellent ##= Very good but Spice Fusion is worth the class. lightful dishes at very reasonable Sapphire near Lincoln Center. #= Good effort. Carved from a former Burger prices.The Calcutta-born chef is no A small list of inexpensive wines IIts tiny canopy seems even small- Chef Kitchen,it is now a clean,mod- stranger to New York fans of cre- complements the assertive flavors of

EXECUTIVE MOVES

Continued from Page 37 director of project management. SpiralFrog Inc.: Russ Rieger, 48, was chief technology officer. He was Freedman Fish & Grimaldi. Food & Wine magazine: Wendy Mure, 45, appointed vice president of strategic formerly vice president, software McDermott Will & Emery: Michael R. was named vice president of marketing initiatives, a newly created position. He development, at Oracle Corp. Graif, 41, joined as partner. He had been for the American Express Publishing had been general partner at Pipeline, Phillips de Pury & Co.: Charlie Horne, 42, a partner at Venable. title. She was brand development director which he founded. joined as managing director. He was Olshan Grundman Frome Rosenzweig & at Martha Stewart Living Omnimedia. formerly executive vice president, Wolosky: Kyle C. Bisceglie, 41, joined as IFC: Christine Lubrano, 34, was REAL ESTATE Churchill Corporate Services. partner. He had been a partner at Barton promoted to vice president of nonfiction Liberty Title Agency: Douglas H. Forsyth, Strategic Legal Solutions: Craig S. Barton & Plotkin. programming from director of 35, joined as executive vice president. He Brown, 49, joined as co-president, a Sichenzia Ross Friedman Ference: Paul nonfiction programming. was a vice president at LandAmerica. newly created position. He had been SUPERIOR OFFICE Goodman, 38, joined as counsel. He was Rachel Smith, 34, was promoted to vice Winick Realty Group: Joseph Isa, 40, was president of Elaine P.Dine Temporary AVAILABILITIES an associate at Cyruli Shanks & Zizmor. president of fiction programming from promoted to senior director from Attorneys & Paralegals. Sonnenschein Nath & Rosenthal: Lee Ann director of scripted programming. associate broker. —sarah studley 212.594.2700 Dillon, 50, joined as partner. She had New York Times Co.: R. Anthony Benten, been a partner at McGuireWoods. 44, was promoted to senior vice SERVICES president, finance, from vice president, Alliance for Young Artists & Writers: EXECUTIVE PROMOTIONS MEDIA & ENTERTAINMENT and continues as corporate controller. Virginia McEnerney, 50, was appointed The fastest way to get an announcement into Faith & Values Media: Deb Mathews, 57, Vicenzo DiMaggio, 34, was promoted to executive director. She had been Crain’s is to submit details online. Fill out the form SLGREEN.COM was promoted to director of Internet assistant controller and continues as vice executive director of Headcount. at www.CrainsNewYork.com/submit. The services, a newly created position, from president. Operative: Vedant Sampath, 45, joined as Executive Moves column is also available online.

38 | Crain’s New York Business | May 5, 2008 Project7 4/29/08 11:41 AM Page 1

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