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focus; clinicalstudyincitysettolaunch Brain-to-computer interfacetrackskids’ buck ennis break from class onerecentbreak morning from class videogamesona other kidsplaying wouldhavelookedlike any graders fourth- thetwo werethey wearing, Were headbands itnotfor the black BY MATTHEW FLAMM treatment ADHD A bigbetongame-changing VOL. XXIX,NO.48 NEWSPAPER Ice, ice,maybe Ice, ice,maybe Having rejected themallplanfor sagaisexpectedtobewritten. cal politi- chapter intheKingsbridge thefinal ed byBronx politicians, wasdefeat- armory the cavernous amallplannedfor to thedayafter living-wagejobs. called ofso- didsoforthecause bridge Kings- mentalism tokillaproject, ’80s showed thepower ofenviron- highway proposal ofthe1970sand Justasthefailed Westway projects. nal momentintheannalsofcity itconnotesa semi- Bronx armory, itisKingsbridge. New York, in tics ofcommercial development poli- thenew thatconveys circles If there onewordinreal is estate BY THORNTONMCENERY for development tests newnorms rinkplan armory vote onBronx Now-or-never BY THORNTONMCENERY for development tests newnorms rinkplan armory vote onBronx Now-or-never ntowes almostfouryears weeks, In two The nameofalong-shuttered See KINGSBRIDGEonPage45 CRAIN’S WWW.CRAINSNEWYORK.COM E OKBUSINESS YORK NEW simply by paying attention. paying by simply move makingtheircharacters show: that seemedstraightoutofamagic wereboy doingsomething andgirl the a roadeach computerscreen, on asalittlebirdbouncedalong tan.But at theChurchillinManhat- School The game is a prototype fora The gameisaprototype OIAIN ... NOMINATIONS 40 UNDER FOR DEADLINE u,justasatreadmill works the cus, tostrengthencomputer interface fo- thatusesabrain-to- Singapore in developed technology the firstimplementationof marks digital learningdevice the attention, trouble paying signed forchildren whohave De- Atentiv. based startup by Waltham,Mass.- mer 12-year-olds nextsum- to 8- for commercially deluxe versionthatwillbereleased ® NO MER NO PHONECALLS. NO EXTENSIONS. ...I impact ofthegameontheirschool- heart andlungs. heart S FRIDAY, DEC.6. A clinical study of the effects of study oftheeffects A clinical That,at least,is the idea.The chil- theidea.The least,is That,at okadhm ie The work andhomelife. rn whoplayfor20minutes dren, study aimedatassessingthe three times a week,are part of part three timesaweek,are an eight-weekschool-based abilities. hrhl col on East Churchill School, dents withlearningdis- 9hSre,isforstu- 29th , CY. your candidate. 40nominate tosubmit crainsnewyork.com/ Go to er-edakapiain.Its applications. neuro-feedback Atentiv joinsagrowing fieldof as maybejustthebeginning, tooth, tothecomputerviaBlue- activity brain-wave headbands totransmit troencephalography sensorsinthe tention disorders. intreating at- specializes which ter, with children attheHallowell Cen- to beginontheUpper West Side set acontrol group,is the game,with The game, which employs elec- which The game, DECEMBER 2-8,2013 PRICE:$3.00 benefits fortheBronx. benefits economic will reap $275 millioncomplex Mark Messiersaysthe and hockeylegend GOAL: See ABIGBETonPage45 Ice centerCEO

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EDITOR’S NOTE

The great planes FYICRAINSNEWYORK.COM Thanksgiving almost never sparks thankful thoughts about airports— unless you avoided them in your Retailers jingle sales bells travels, or simply stayed home—so in hopes of year-end surge it was interesting last week to see a new report extolling the economic he holiday shopping season is officially virtues of our three major airports. underway—though it seems to have “New York’s metropolitan airports unofficially begun sometime between Glenn Coleman T are incredible economic drivers,” Labor Day and Halloween. declared real estate executive To stoke shoppers’spending, local retailers Joseph J. Sitt, the metaphor-mixing chairman of the Macy’s, Modell’s and J&R opened on Global Gateway Alliance.That’s the civic group he Thanksgiving Day for the first time, while Toys R founded to push for public-sector upgrades at Us and Walmart started offering discounts in early LaGuardia, JFK and Newark Liberty airports. He November.They’re all angling for a bigger piece couldn’t be more correct.The city’s Big Three air of the crucial fourth-quarter pie at a time when buck ennis hubs move nearly 110 million passengers annually, consumer confidence is weak (the Conference Board’s index for November was 70.4, down from and they employ more than 70,000 people. Aviation 72.4 in October), and general economic unease still overshadows shopping lists. operations (including 1,000 air-cargo companies Overall, the season’s sales growth is expected to be … meh, with most experts predicting a 2% based at JFK), capital projects and local spending by to 3% uptick over 2012. Much of the gain will come from e-commerce, where double-digit the trio’s 20 million tourist arrivals and departures jumps are expected. Still, most digital promotions will try to usher shoppers back into stores, generated $63 billion in total economic activity here where consumers tend to drop more money on impulse buys. that supported 450,000 jobs in 2012, according to Electronics and toy retailers should have the most luck this shopping season. Video game the GGA report, produced with the Partnership for consoles, such as the Xbox One (Microsoft Corp. sold 1 million of them in 24 hours) and the .Those 450,000 jobs represent an latest Apple Inc. iPhone models, are topping wish lists. Meanwhile, apparel makers are expected 80% climb from a 2004 tally of the airports’ impact. to be left out in the cold. —adrianne pasquarelli They paid $22.8 billion in wages averaging $51,000, TIME WARNER CABLE A TARGET. Cox dential areas. … “CONGESTION PRIC- which, the new report noted, is higher than 75% of Communications and Comcast ING” IS BACK. A proposal crafted by HOORAY! all incomes in the country. New York’s airports face Corp. are the latest suitors for Time former city Traffic Commissioner PEOPLE huge and even ridiculous challenges (see the column Warner Cable and its roughly 4.5 Sam Schwartz and a group dubbed MAGAZINE million subscribers. Comcast, the Move NYC calls for instituting or names Gov. on JFK’s customs delays on Page 11, for starters), and Andrew Cuomo nation’s largest cable company, is re- increasing tolls in areas with high one of its almost all of them are tied to billions of dollars in portedly thinking about making a congestion and ample public trans- “Sexiest Men infrastructure and technology improvements to help bid for the No. 2 cable operator, ei- portation, and lowering or eliminat- Alive.” ther alone or with John Malone’s ing tolls in transit-poor pockets.Un- meet the demands for more flights and better service. Liberty Media Corp.-backed Char- like Mayor Michael Bloomberg’s Considering the total economic payoff tracked in last ter Communications, which ill-fated toll cordon around lower week’s report, these would be billions well spent. expressed interest in Time Warner , some revenue generated Cable earlier this year. The takeover would go toward upgrades to roads OY VEY! frenzy comes as the cable industry and bridges to benefit drivers, while PEOPLE deals with rising TV-programming other funds would pay for transit MAGAZINE THIS WEEK IN CRAIN’S costs. … NEVER MIND THAT MERGER. projects. … ROLLING THE DICE. Devel- names Gov. New York law firms opers are drawing up Andrew Cuomo IN THE BOROUGHS------4 Orrick Herrington & plans to win the right one of its ‘I don’t think “Sexiest Men Sutcliffe and Pills- to build four resort- DIGITAL NY------5 Alive.” bury Winthrop Shaw we’ll ever like casinos north of IN THE MARKETS------6 Pittman called off New York City now their megamerger. give up’ that the state is al- SMALL BUSINESS ------7 The deal—scuttled —Victoria Sobel, a recent lowed to have seven THE INSIDER ------8 because of client con- Cooper Union graduate full-fledged gam- who is part of Free OPINION ------10 flicts, the firms bling establish- said—would have Cooper Union, a group ments. The state ex- … KATIE DITCHES NETWORK TV. Katie GREG DAVID------11 fighting the 154-year-old created one of the private college’s decision to pects to award the Couric is heading to Yahoo, where REPORT------13 country’s 10 largest begin charging tuition gambling licenses by she will anchor the Internet compa- firms, with 1,700 ($19,000 starting next fall) the end of 2014, but ny’s news division. The former host REAL ESTATE DEALS------15 GOTHAM GIGS lawyers and $1.4 bil- after years of financial don’t expect Las of NBC’s Today and CBS Evening CLASSIFIEDS ------42 lion in estimated rev- decline Vegas companies to News, who had a $40 million, multi- David Goldin makes loans to enue. … A RACE TO compete: They’re year deal with ABC, will continue P. 9 NEW YORK, NEW YORK ------help business owners. 49 SLOW DOWN. A City Council measure waiting for gambling to be allowed in hosting her ABC talk show through would lower the 30 miles-per-hour the New York City area. Meanwhile, the end of this season. Yahoo has CORRECTIONS speed limit to 25 mph on one-way online gambling debuted in New been on a hiring spree lately, luring John Oringer is the founder and CEO of Shutterstock. His name was misspelled in the that don’t have more than one Jersey,with Gov.Chris Christie fore- David Pogue, Megan Liberman and Nov. 25 “Biz leaders pitch plans to grow jobs.” lane of traffic and to 20 mph on casting $180 million in tax collec- Matt Bai from . Newsstand sales figures for Woman’s Day were up 23% in the first half of the year. This streets less than 60 feet wide in resi- tions from operators this fiscal year. —amanda fung fact was misstated in the Nov. 18 “Big buys give Hearst second life.” Theaterpizzazz.com’s founder is Sandi Durell. Her name was misspelled in the Nov. 18 “Low-budget production.”

vol. xxix, no. 48, december 2, 2013—Crain’s New York Business (issn 8756-789x) is published STORIES TO WATCH THIS WEEK weekly, except for double issues the weeks of July Fourth, July 29, Aug. 12, Labor Day and Christmas, by Crain Communications Inc., 711 Third Ave., New York, NY 10017. Periodicals postage paid at New York, N.Y., and additional mailing offices. Postmaster: Send address Dec. 2: Cyber Dec. 2: City Dec. 3: Giving Dec. 4: Teen retail changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, Monday; millions Council hearing Tuesday; thousands staple Aéropostale MI 48207-2912. for subscriber service: Call (877) 824-9379. Fax (313) 446-6777.$3.00 a copy, $99.95 one of online shoppers on new database of charities bang reports its third- year, $179.95 two years. (GST No. 13676-0444-RT) ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved. browse for deep to track Sandy holiday drums for quarter results. discounts. recovery spending donations.

2 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0003-NAT-CCI-CN_-- 11/27/2013 2:18 PM Page 1

Fashion sites find A Super content suits them influx of visitors among investors, willing to pony up Refinery29, others cash for the rising business model. cater to shifting Web “Your forward-leaning, fashion- MetLife lockdown, conscious audience is a generation market, but can they that grew up consuming their infor- blizzard predictions make money? mation differently—they’re used to put focus on transit getting it online,” said Dan Marriott, managing partner at BY ADRIANNE PASQUARELLI meatpacking-district-based Stripes BY LISA FICKENSCHER Group, which invested $20 million Lately, fashion lovers have been in Refinery29 in October. Super Bowl XLVIII will break with reading about diet tips from Chanel’s “You’re seeing the market football tradition in more ways than Karl Lagerfeld,how to make lipstick shift.” the one most people talk about. stick and the best way to pair tights Since September, Yes,it will be the first Super Bowl with jeans. But rather than flipping beauty site Into the to be played outdoors in a cold cli- through pages in glossy magazines, Gloss and acces- mate, but it will also rank as the first they’re scrolling through such edito- sories source Super Bowl to draw most of its fans rial features online. Editorialist have to the pregame festivities and the Growing sites such as Refin- each attracted game itself via public transporta- ery29,Into the Gloss and Editorial- $2 million. tion, according to Jonathan Tisch, ist,which offer tips,advice and com- In addition to co-chairman of the 2014 NY/NJ mentary on fashion and beauty,have investor dollars, Super Bowl Host Committee. become so popular that they’re these new-media NEW FOCUS: “Planning transportation is an ramping up expansion efforts in or- sites are also attracting Refinery29 and enormous issue,” said Mr. Tisch, der to keep up with demand. Pro- ad spending. Since 2009, co-founders Justin who is also co-owner of the New moting news rather than selling digital ad revenue for mag- Stefano (left) and York Giants, and who spoke recent- Philippe von Borries products, these startups are trendier azines, which includes are developing the ly at a Manhattan forum on sports. and snappier than the websites of both online-only sites and site’s presence into Not only are there detailed plans print news outlets—and they’re get- websites of print publica- categories beyond to get 82,000 ticket-holders to ting more buzz. tions such as Allure, has fashion. MetLife Stadium in East Ruther- They’re also attracting interest See FASHION on Page 48 See SUPER BOWL on Page 48

December 2, 2013 | Crain’s New York Business | 3 20131202-NEWS--0004-NAT-CCI-CN_-- 11/27/2013 4:15 PM Page 1

IN THE BOROUGHS It’s getting harder to process MANHATTAN They tell defendants, Zabar’s deal ‘You’ve been served!’

but crackdown, regs BEARERS OF BAD puts brake and fines thin ranks NEWS: Process servers like Angel Gutierrez, who deliver on chains BY CHRIS BRAGG notices of legal action, have seen their New York City Angel Gutierrez has run from gun- numbers plunge 40% Its new UWS tenant is wielding men, posed as a delivery in two years. guy and even dressed up in doctor’s mom-and-pop store scrubs to serve court papers to un- with family ties suspecting defendants in the Bronx. Every time he knocks on a door, un- certainty looms. BY LISA FERBER “You never know if it’s going to be Freddy Krueger behind there,” Two years ago, Saul and Stanley said Mr. Gutierrez, 37. Zabar, co-owners of the famous His biggest fear these days,how- food emporium ever, is that he may lose his liveli- that bears their surname, began hood. New rules passed by the City looking for a tenant for a storefront Council in 2010 have pushed costs they owned a block up . up for process servers like Mr. More precisely, they turned to their Gutierrez, who are retained by at- old friend, local property manager torneys to notify people or busi- David Luft, to seek out the best- nesses of a legal action against possible tenant. It was a quest that them. Already, the number of quickly led to yet another neighbor- servers licensed in the city has hood stalwart, Danny Koch, owner dropped 40%, to about 1,100, from of a nearby lingerie store that was 1,850 just two years ago. bursting at the seams of its space. The city now requires servers to “We’ve known Danny and his take biennial licensing tests, keep family for so many generations, why extensive records and track their should we look for anybody else?” movements on GPS devices,among asked Mr.Luft.“So we walked a few many other rules. It has also issued blocks, we made a deal.” heavy fines for failing to strictly ad- And that is how it came to pass here to them. that in July, after extensive renova- Individual servers must post a tions of the space,Mr.Koch was able $10,000 bond every two years with to open his new, 4,000-square-foot the city’s Department of Consumer Town Shop—more than double the Affairs to cover the costs of poten- size of its predecessor—at 2270 tial fines. Agencies that coordinate Broadway, between West 81st and the operations of multiple inde- West 82nd streets. pendent servers have to put up The way the property changed $100,000 bonds. tenants without ever officially going

See PROCESS SERVERS on Page 48 buck ennis See ZABAR’S on Page 47 Whistle-blower tries to shed STATS AND THE CITY by Emily Laermer POWERING UP: Staten Island’s Freshkills Park will be home to a 35,000- light on PE transaction fees solar panel energy installation, the city’s largest. ACRES LEASED to SunEdison, at a yet-to-be-determined price, to build and operate the solar-power facility ture succumbs to bankruptcy. Still, in transaction fees, which essentially 47 Insider says buyout they already have a little something are bonuses the firms take for con- MEGAWATTS of power, the potential solar energy generated from the firms rake in dough to help numb their pain: Back when ducting their business of buying, 10 installation, five times that of any other system in the city, and enough to the deal closed,KKR and TPG each managing and selling companies. power 2,000 homes for acting as brokers pocketed a $107 million “transac- Now a senior private-equity in- AMOUNT tion fee,” according to a regulatory sider is trying to shine light on these invested in New York state last year to install solar for takeover targets panels on homes and businesses little-known payments, which can $257M constitute a sizable slug of revenue at SHARE of PlaNYC’s budget, about $80 million, spent on making city BY AARON ELSTEIN ‘These violations the firms.The insider filed a whistle- government buildings more energy-efficient blower complaint earlier this year 10% In 2007, Texas-based utility TXU are likely to be with the Securities and Exchange PORTION of the city’s parkland on agreed to the largest Commission in which he contends 28% Staten Island—the most in ever: a $48 billion sale to Kohlberg deeply troubling that private-equity firms are violat- the five boroughs Kravis Roberts & Co., TPG and ing federal securities law because Goldman Sachs. Since then, howev- to the SEC’ they are acting as unlicensed brokers TONS OF WASTE, er,the renamed Energy Future Hold- when they collect transaction fees. consisting of more ings has piled up $18 billion in losses, “This is one of the most black- 150Mthan five years of household garbage, while revenue has dropped by nearly and-white examples of a securities was stored in Freshkills landfill Sources: Mayor’s office, half.Buckling under a monstrous $44 violation that I can recall,” said the when it closed in 2001 New York State Solar Energy IndustriesIndustries Association,Association, NewNew YorkYork billion debt load dating back to the filing. Goldman got $80 million. insider’s attorney, Jordan Thomas, Solar Bill, PlaNYC, U.S. Department LBO, the company is negotiating These nifty payouts are an impor- who helped establish the SEC’s of Agriculture with creditors in an effort to fend off tant reason why private equity is per- whistle-blower program and is now a bankruptcy. haps the most lucrative game on Wall partner at Labaton Sucharow. “The istockphoto KKR, TPG and Goldman all Street. In the past 10 years, private- widespread, systematic and flagrant ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY face substantial losses if Energy Fu- equity firms have collected $2 billion See PRIVATE EQUITY on Page 44

4 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0005-NAT-CCI-CN_-- 11/26/2013 5:05 PM Page 1

DIGITAL NY

“It’s the perfect testing ground for us,” Mr. Mehl said. Key makeover for an old technology Keycafe, which launched four months ago,gives subscribers radio- frequency identification tags to put Startups unlocking as cards and key fobs. Doors can be tem that allows users to lock and un- $250,000 in self-raised capital. Kisi on their keychains. opened with a smartphone, which lock doors from their smartphones, assembles much of its product in smartphone-savvy act as virtual keys that can be access- says it raised $2.3 million in advance Brooklyn. It has less than $1 million Café as hotel lobby controlled according to the time of orders; and San Francisco-based a year in revenue.Service charges start “I was an Airbnb host in Vancou- ways to improve a day and other specifications. smart-lock maker August announced at $1 per user per month. ver and had constant issues getting ubiquitous hardware “We started out simply not an $8 million funding round led by “Kisi is designed to work with my guests into my apartment,” said wanting the hassle of administering Cowboy Ventures. Vancouver, B.C.- most any existing lock and access- Clayton Brown, CEO and co- keys,” said Andrew Zarick, CEO of based Keycafe, which puts kiosks in control system,”said Bernhard Mehl, founder of Keycafe. “So that’s how I BY JONATHAN BLUM Digital Dumbo, a social-gathering cafés that al- who founded Kisi in started working on this project.I had and live-event business in Brooklyn low users ‘As soon as Germany with Maxim- disasters where I had to cab people he race is on to smarten that is an early Kisi customer.“But it like Airbnb ilian Schütz and Carl out to my housekeeper [to get keys]. up the keys that lock feels so cool to access our space with guests to I saw this, I Pfeiffer. I thought to myself,how could I turn and unlock the doors of a smartphone that we found it to be check out “It solves a big prob- the café across the street into the ho- New York City homes the unique approach to entering an and return keys, was like, lem for companies that tel lobby for my neighborhood?” and businesses. office or meeting space that we says it’s closing “Where do I have a lot of people com- Making it easier to rent your TTwo New York startups—Kisi wanted to convey.” on its first round ing in and out,” said home on Airbnb may incense those and KeyMe—announced in No- of funding and Samir Ajmera, manager opposed to the room-sharing site, vember the launch of apps they be- Delivering copies plans to launch sign up?” ’ of the NYU-Poly incu- but the founders of Keycafe say it’s lieve will give an ancient technology Meanwhile,KeyMe launched an in New York in istock bator, where Kisi initial- good for renter and owner—as well a 21st-century makeover, the latest app-based key-delivery service in January. ly leased office space. “I as the café,which gets a piece of rev- entrants into a growing market that Manhattan that allows subscribers “The recep- am not here to be a key enue and added foot traffic. They is quickly transforming a little piece to store digital copies of their keys tion to new cop.As soon as I saw this, say the service could be used by real of hardware that remains at the cen- and then use those copies to make— ways to manage locks and keys has I was like, ‘Where do I sign up?’ ” estate agents, dog walkers, cleaners, ter of people’s lives. and get delivered—spare keys. The been explosive,” said Greg Marsh, Security, of course, is a major contractors, housekeepers, nannies. Brooklyn-based Kisi, which an- company will also place its kiosks in founder of KeyMe,which is based in concern. Kisi, for example, keeps all “People are used to using keys,” nounced the general availability of 7-Elevens across Manhattan and a Long Island City, Queens, and has identifying door information off said co-founder Jason Crabb. its service in New York City, allows Bed Bath & Beyond in Chelsea 15 employees. The company raised mobile phones and servers and en- “They’re going to be around for a subscribers to use their smartphones where users can make on-the-spot $2.3 million from Battery Ventures crypts all data. And just like low- while.” Ⅲ to open and close doors that are elec- duplicate keys, 24 hours a day,with- and other backers earlier this year. tech keys, users give codes only to tronically controlled. Kisi said its out the need for the original. Kisi has an eight-person office on those they trust. To sign up for Crain’s DIGITAL NY app eliminates the need for building The number of digital key masters Jay Street in Brooklyn.The company New York’s high-rises pose an emails, go to www.crainsnewyork owners, landlords and tenants to is growing. Palo Alto, Calif.-based won a $35,000 NYC Next Idea prize opportunity and a challenge as .com/newsletters. give out—and manage—keys as well Apigy, creator of the Lockitron sys- last year and is financed with roughly startups try to prove their appeal.

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December 2, 2013 | Crain’s New York Business | 5 20131202-NEWS--0006-NAT-CCI-CN_-- 11/27/2013 2:19 PM Page 1 IN THE Guv rejects income-tax hike MARKETS by Aaron Elstein the personal income-tax discussion not wealthy ones. Stance puts him at since we just redid it,” Mr. Cuomo “There is a clear dialogue going odds with de Blasio; reiterated.“I do want to focus on the on in terms of reducing state taxes, property tax.” and I think that is the governor’s Cuomo prefers In January, the governor will re- prerogative,” Mr. de Blasio said at lease his budget priorities for the Columbia University. “That’s a dif- to slash property tax upcoming legislative session and is ferent area of endeavor than what expected to sketch out his own tax- I’m talking about.” cutting proposals.Mr.Cuo- New Yorkers, especially BY ANDREW J. HAWKINS mo foresees taxes as the suburbanites and upstate main issue for next year’s residents, pay among the PORTION63% OF Gov. Andrew Cuomo said last week legislative session. STATE VOTERS highest property taxes in that he plans to use an expected Mr. Cuomo’s stance also who support plan the country. Mr. Cuomo budget surplus to cut property taxes puts him at odds with to increase taxes persuaded lawmakers in and that he was not interested in Mayor-elect Bill de Blasio, to help pay for 2011 to cap the annual in- changing personal income taxes. who said last week that he universal pre-K crease in property-tax rates “We just did the [personal in- plans to “mount a strong, at 2%, subject to overrides come tax] last year,”Mr.Cuomo said consistent fight” for a New York by voters in the school districts and during a radio interview,referring to City-specific, five-year income-tax counties that impose those taxes. tax changes made in December 2011 increase on those who earn $500,000 “It’s a sucker’s bet to do this,”said that extended an income-tax sur- or more annually to pay for universal E.J. McMahon, president of the charge on high earners but cut taxes prekindergarten and after-school Empire Center for Public Policy. on more modest incomes. programs. A poll last week showed “He’s scratching a political itch.” A tax-reform commission created 63% of New York state voters sup- Mr.Cuomo has little to fear from

by Mr.Cuomo and co-chaired by for- port such a tax. Asked how he will next year’s election. He has a 62% newscom mer Gov. George Pataki is reported- square his effort with Mr. Cuomo’s approval rating, almost $30 million ly preparing to recommend a person- desire to reduce taxes, Mr. de Blasio in campaign cash—more than any al income-tax cut on high earners. alluded to the governor’s apparent other governor—and no heavy- “I have no interest in reopening desire to help average New Yorkers, weight Republican challenger. Ⅲ Hard times on the Street not over yet CohnReznick is an independent cohnreznick.com/commercialrealestate member of Nexia International t’s no secret that has been a pretty miserable place to work over the past five years. After Ithe financial crisis, revenue across the industry was halved, and about 77,000 people—9% of the industry’s total—lost their jobs. True, the stock market’s strong rally this year and a series of record closes offer hope that the tough times are finally ending, but don’t count on it. A sobering report last month from McKinsey & Co. suggested that the hard times are a long way from over. The consulting firm warned investment banks that they will need to cut overhead by 25% in the coming years as tougher regulations and higher capital requirements constrain revenue. Because personnel is the largest expense that banks can control, the bulk of the cost cuts will fall on employees.

Such dramatic bloodletting is desks for trading stocks, bonds, necessary, McKinsey said, because currencies and commodities into a the investment-banking industry single “execution factory” and as a whole has cut costs by only 1% replace most of the traders with since 2009. Meanwhile, revenue machines.The firm also suggested has sunk by 10%. centralizing risk management, ad- As a result, banks are not gener- visory and other services that ating sufficient returns. In fact, last banks provide clients. It recom- What does year the top 13 generated a return mended “continuing professional on equity of just 8%, down from development” classes for bankers, CohnReznick more than 30% in the good old much like those taken by doctors days. (ROE measures how prof- and lawyers. Sounds like a man- itably firms deploy their capital.) agement consultant’s vision of think? The decline is so stark that invest- heaven, right? ment banks aren’t earning enough In case you’re wondering how a With capital flowing again, competition for deals that meet investor expectations is increasing and to cover their cost of capital, which 25% cut in investment-banking becoming more complex. Turn to CohnReznick for is typically about 12%. staff would affect New York,well,it transactional support, asset valuations, assurance “The mathematics of the old- would reduce a workforce that the and tax services, and guidance that can help move world view no longer add up,” state typically relies on for more your business forward. Find out what CohnReznick McKinsey said in its report.“What than 16% of its tax revenue by about thinks at CohnReznick.com/commercialrealestate. is required is a revolutionary, not 42,000 employees, to 126,000. evolutionary, overhaul.” That would represent the fewest CohnReznick. Where forward thinking creates results. One smart overhaul, in New Yorkers working on Wall McKinsey’s view, would be for Street since 1984, according to the banks to merge their separate U.S. Bureau of Labor Statistics. Ⅲ

NUMBER OF DAYS it took the Nasdaq Composite Index to close above 4000 after last reaching that level on Sept. 7, 2000. That’s 4,829 more than 13 years. 6 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0007-NAT-CCI-CN_-- 11/27/2013 10:08 AM Page 1

SMALL BUSINESS Dancers pivot into a new role: entrepreneur

Surviving as an artist les of someone else’s business off me their income from jobs unrelated to SECOND ACT: and run my own,” said Ms. Patel, dance, including their own busi- Former ballerina turns out to be good who, after quitting dance in 2004 nesses. Allison Patel and visiting Europe with her hus- reinvented preparation for band, came up with an idea to pro- Versatile talents herself as a duce whiskey from the barley grown “Dancers have an incredible set whiskey maker. running a business by a cognac distiller in France. of skills that are translatable to oth- Today,her two-year-old venture, er ventures like these,” said Joan Jef- BY MAGGIE OVERFELT Brenne Whiskey, is profitable; sales fri, director of the Research Center are just under $500,000. Brenne’s for Arts and Culture at the Nation- fter winning her first flagship product—a $60 bottle of al Center for Creative Aging in ballet contract with the single-malt whiskey—can be found Washington, D.C. “They’re disci- Joffrey Ballet at age 9, at bars and restaurants in Manhat- plined, they show up on time, they Allison Patel was danc- tan, including the Flatiron Room have good task completion.” ing professionally in and Liquor, and in 10 Given the time many spend Adance troupes and Off-Broadway states outside New York. The com- working in other industries, some shows by her early 20s. But that pany sold out of its first imported dancers fall naturally into entrepre- meant financial struggle. “My first shipment in two months. neurship. Sarah Gross danced with

year I netted $20,000,” said Ms. Ms. Patel is not alone in finding ballet companies in San Diego and buck ennis Patel. “Given that $11,000 of that that being a professional dancer in Columbia, S.C., before she moved went to rent, how did I survive?” New York City was great training to New York in 2007 to advance her ny that spreads the word about ways firm, which donates to animal res- She endured by supplementing for starting a business. Motivation career.To support herself, she found people can help animal-rescue cue groups,and is now trying to land that income with odd jobs, from comes from the harsh realities of the part-time work at Gnosis Choco- groups. her line of vegan chocolate bars in a working the front desk at a health industry: While dance is a robust late, an organic-candy factory in national chain. spa to helping a jewelry designer in- economic engine in New York—the Queens. Vegan chocolates Ms. Gross is undaunted by the crease distribution, mainly by host- city is home to about 30% of the na- “I was packing up shipments, Contracting with a chocolate challenges of building a business. ing private trunk shows that in- tion’s larger dance companies— pouring chocolate into molds,doing maker in Brooklyn, Ms. Gross “Ballet is the hardest thing I know,” volved a charitable component. dancers, on average, make just all kinds of things,” said Ms. Gross, launched her socially minded, for- said Ms. Gross. “I feel like every- Over time, she learned valuable $28,000 a year, according to who decided a few years ago that she profit firm, Rescue Chocolate, in thing else is attainable.” Ⅲ sales, marketing and business- Dance/NYC, an industry advocacy didn’t want to dance at an extreme 2010.With the sweet treats current- operational skills,and that there was group. Only 18% of dancers sur- level anymore.Shortly after that,“an ly sold in more than three dozen To sign up for Crain’s life outside dance—a much more veyed in a recent Dance/NYC study idea popped into my head when I boutique shops around the country, SMALL BUSINESS newsletter, go to lucrative one as an entrepreneur. are employed in their field full time. was walking my dog,” she recalled. she’s pulling in about $200,000 in www.crainsnewyork.com/smallbiz. “I knew I needed to get the shack- The others make roughly 45% of She would form a chocolate compa- annual revenue at the profitable

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December 2, 2013 | Crain’s New York Business | 7 20131202-NEWS--0008-NAT-CCI-CN_-- 11/27/2013 4:16 PM Page 1

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Above and beyond Connections net pol extra income is our starting point. n his governmental website, Queens Assemblyman Michael Simanowitz called himself a O“full-time legislator” until scrubbing the reference last week, when Crain’s inquired about his outside work in the legal field. His gigs in recent months have included assignments from a connection that’s cozy even by the standard of clubby Queens politics. Since March, Mr. Simanowitz has been named a “court evaluator” in nine Queens state Supreme Court cases. For the six that have yielded payments so far, he has received $11,225, records show. Discover Excellence in Commercial Real Estate Services. The assemblyman (right) is on a list of 936 people seeking such Discover Cassidy Turley. appointments in Queens. Though Peter Hennessy Mr. Simanowitz is new to the President, New York Tri-State Region field, he has some helpful 212.318.9790 [email protected] connections: Four of his nine www.cassidyturley.com cases have come from Judge Lee Mayersohn—the son of Project & Development Services / Tenant Representation / Project Leasing / Property Management / Corporate Services / Capital Markets Mr. Simanowitz’s mentor and Assembly predecessor, Nettie Mayersohn (below). A Simanowitz aide said the as- Mr.Simanowitz took a training semblyman does the work as a course in the field and got involved public service and that it was not in court-evaluator work after hear- lucrative compared with other ap- ing about it from Mr. Avery. “I pointments judges make, such as think this is work that everyone guardianships. Much of that high- should be doing,” Mr. Avery said. er-paying work can’t be awarded to “There’s so few people who want to the assemblyman because he is not do it, [so courts] reach out to peo- an attorney. ple they know.” Mr. Simanowitz won his As- After criticism that courts— sembly seat in a fairly uncompeti- especially in Queens—had be- tive 2011 special election come too politicized, after being nominated by statewide reforms in the Queens Democratic 2001 denied Supreme Party to succeed Ms. Court appointments to Mayersohn. He had been party chairmen and ex- her chief of staff for 15 ecutive directors. But years. Mr. Simanowitz is treasurers of party organ- also the treasurer of the izations, such as Mr. Queens Democratic or- Nettie Mayersohn Simanowitz, who is also ganization, which gener- a party district leader, ally controls the nomination were not restricted. process that determines who be- Queens Councilman-elect Paul comes a Queens Supreme Court Vallone has landed 14 court- judge. evaluator appointments in the past Court evaluators assess year. During his Democratic pri- whether vulnerable people need a mary for the northeast Queens legal guardian. Mr. Simanowitz’s council seat, Mr. Vallone said he legal counsel,Munir Avery,who him- would be a full-time legislator self was assigned four cases during when he takes office in January. the past year by Judge Mayersohn, The list of politically connected said court-evaluator work does not attorneys getting appointments in pay especially well. Cases worth Queens remains long. For in- $750 can take 10 hours, he said. stance, Congressman and Queens “[Mr. Simanowitz] is already Democratic leader Joseph Crowley’s engaged in the community and has campaign treasurer, Scott Kaufman, the understanding and trust to do lands frequent surrogate court ap- this kind of work,” said Mr. Avery, pointments. Political patronage adding that the job often involves has long been part of the other four identifying elder abuse. boroughs’ court systems as well. Ⅲ 69%: Increase in the city’s nightly homeless-shelter population, to more than 52,000, since January 2002

8 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0009-NAT-CCI-CN_-- 11/27/2013 1:39 PM Page 1

BUSINESS 3.5% Share of American workers who tested positive for drugs in 2012, down from 13.6% in 1988 PEOPLE Source: Quest Diagnostics

EXECUTIVE MOVES

Water Waste Prevention Inc.: Jonathan Mantell, 34, joined the real estate support services company as chief operating officer, a newly created position. He was previously director of university housing and residence life for the Wilf Campus at Yeshiva University. Campus Evolution Villages: Mihir Rawal, 35, joined the student- housing company as chief financial officer. He was previously assistant controller at Retail Opportunities Investment Corp. Nathaniel Fowler, 32, joined as director. He was previously an investment banker at Cantor Fitzgerald. Humanscale: George Kordaris, 64, joined the design company as global director of research and design. He was previously chief executive of Moroso. Hiscox: Russell Findlay, 48, joined the QUICK TURNAROUND: company as head of David Goldin’s company marketing for Hiscox USA. He was says it makes loan previously vice president of marketing decisions in as little as at IHOP. 24 hours. Modern Luxury: Andrea Greeven Douzet, 47, joined the media company as publisher of Manhattan, Beach and Front Desk New York. She was previously fashion and accessories advertising director for InStyle at Time Inc. 5W Public Relations: Erika Kauffman, 32,

buck ennis was promoted to executive vice GOTHAM GIGS president and group director. She was previously senior vice president. DeWitt Stern: Tim Devin, 48, joined the insurance broker and risk adviser as senior vice Payday loaner president and personal risk- management practice leader. He was previously a director at Crystal & Co. David Goldin helps owners make ends meet The Lightstone Group: Jonathan Rabinow, 39, joined the real estate David Goldin was on the cusp of big things in AmeriMerchant is profitable and has provided a company as senior vice president of investments and capital markets. He But the 1998 when his startup was sold for $5 million to half-billion dollars to cash-strapped borrowers was previously managing director and telecommunications company Winstar. But then since its inception in 2002. ¶ Still, borrowers pay principal at Argent Ventures. price can iAcquire: Anthony Bajoras, 39, joined things went awry. Winstar went bust three years a high price for money from AmeriMerchant, the content-marketing agency as vice be steep later, rending his 21,000 shares worthless. ¶ “I which can charge much higher interest rates than president of customer development, a know about hard times and setbacks,” said Mr. banks because it isn’t regulated by state or federal newly created position. He previously to borrow co-founded iOptimize and Goldin. “I decided I wanted to help business financial authorities. ¶ AmeriMerchant provides Elevate.org. $5,000 to owners dealing with their own problems.” ¶ anywhere from $5,000 to $500,000 and gets its Pret A Manger U.S.: Joseph Iazzetta, 44, After Winstar, Mr. Goldin launched Ameri- money back by collecting a percentage of was promoted to $500,000 Merchant, a lender that provides cash to borrowers’ credit- or debit-card sales. Mr. Goldin vice president of store development companies that can’t get it elsewhere. His 125 said his firm typically buys receivables for 75 to at the restaurant staffers make funding decisions in as little as 24 80 cents on the dollar.That works out to an chain. He was hours, and borrowers aren’t required to produce annual percentage rate of 33% for the borrower, previously vice president of collateral or even a history of paying their bills on and more if the money is owed back in less than a construction and facilities. time. ¶ Business is good.This summer, Mr. year, which is usually the case. ¶ Mr. Goldin, who ActionX: Jeremy Arnon, 37, joined the advertising and marketing company Goldin moved the company to a 16,000-square- is 42 and lives in Westchester (he prefers not to as vice president of advertising sales, a foot office on Park Avenue. AmeriMerchant also get more specific), points out his company offers newly created position. He was previously emerging-business lead for secured a $60 million line of credit so it can borrowers some flexibility. If their sales decline, geo-commerce at Google. provide lifelines to even more small enterprises. so do their monthly payments. —aaron elstein —eva saviano

December 2, 2013 | Crain’s New York Business | 9 20131202-NEWS--0010-NAT-CCI-CN_-- 11/26/2013 4:59 PM Page 1

OPINION CRAIN’S NEW YORK BUSINESS

Last call for plastic foam editor in chief Rance Crain publisher, vp Jill R. Kaplan he Bloomberg administration’s proposal are highly problematic.They are commonly used on the run EDITORIAL editor Glenn Coleman to ban plastic-foam food containers is a and not likely to be brought home, rinsed and placed in the managing editor Jeremy Smerd correct bag on the curb. Instead they end up in landfills, deputy managing editors Valerie Block, surprisingly complicated question that has Erik Ipsen been subject to semantics and parks and waterways, where they may take many centuries to assistant managing editor Erik Engquist decompose.They also tend to contaminate paper recycling news producer Amanda Fung exaggeration from both supporters and contributing editor Elaine Pofeldt opponents. And forbidding a legal and composting piles and are occasionally heated in columnists Greg David, Steve Hindy, Alair Townsend microwaves, posing a health hazard. crain’s health pulse editor Barbara Benson product is an extreme measure that should senior reporters Theresa Agovino, be taken only after careful study and thought. But we believe The industry acknowledges that even foam containers Aaron Elstein, Lisa Fickenscher, Matthew Flamm, that a ban is reasonable if manufacturers of foam cups and that make it to the curb for pickup need to be washed after Daniel Geiger, Adrianne Pasquarelli T reporters Joseph Anuta, Chris Bragg, similar products are first given a chance to convince the city’s sorting before they can be viably recycled. Leading Andrew J. Hawkins, Thornton McEnery reporter/videographer Ken M. Christensen plastics vendor and sanitation commissioner that used foam disposable-cup maker Dart Container has offered to pay for web reporters/producers Marine Cole, can be efficiently recycled via the city’s curbside collection equipment to do that, Nazish Dholakia, Irina Ivanova, Nicholas Wells program. but such an operation art director Steven Krupinski The city should deputy art director Carolyn McClain A City Council bill sponsored by Brooklyn’s Lew Fidler has never been staff photographer Buck Ennis copy desk chief Steve Noveck provides the industry one year to do that.That seems to us a move toward attempted at such a copy editor Thaddeus Rutkowski reasonable amount of time, especially given that scale or with a waste data editor Suzanne Panara environmentally assistant data editor Emily Laermer manufacturers of plastic foam have been working on stream like New York’s. researchers Elena Popina, Eva Saviano recycling their products since before citywide recycling friendly products Even if it worked, there ADVERTISING, MARKETING AND PRODUCTION started here in 1989. is currently no market senior account managers Irene Bar-Am, for used foam.That is David Harkey, Jill Bottomley Kunkes, Plastic foam, known technically as expanded polystyrene Courtney McCombs, Suzanne Wilson and colloquially as Styrofoam, protects eggs and keeps coffee why Dart has offered to director of custom content Trish Henry buy it back for five sales coordinator Lauren Black hot. But alternatives exist that are better for the environment events coordinator & scheduler and cost the same or pennies more per unit—differences that years. But neither the city’s recycling program nor its plastics Alexis Sinclair credit Todd J. Masura (313-446-6097) will continue to shrink as other products become standard. vendor can rely on a short-term subsidy. director of audience & content Take-out restaurants and coffee shops wouldn’t lose sales if It’s tempting to try to recycle everything, but unless Dart partnership development Michael O’Connor senior marketing manager they raised prices by a penny, nickel or dime to compensate, can make a better case, the city should move toward products Catherine Schutten especially because competitors would do likewise. friendlier to the planet and its inhabitants than plastic foam, director of conferences & events Courtney Williams The logistics of recycling foam food containers in the city as 70 other municipalities across the country have done. reprint sales manager Lauren Melesio production and pre-press director Simone Pryce advertising production manager CRAIN’S ONLINE POLL COMMENTS Suzanne Fleischman Wies ONLINE AND INTERACTIVE SERVICES senior web developer, interactive Chris Tumminello Serving a cruel gruel TO SUBSCRIBE: For print and digital subscriptions or customer service, e-mail [email protected] CUTTING FOOD STAMPS: void left by the government. homes.Then they expect people or call 877-824-9379 (in the U.S. and Canada) or THE LONG-TERM IMPACT Many organizations that are around them to keep the noise 313-446-0450 (all other locations). $3.00 a copy for already stretched thin may not down so they can talk! Can’t we the print edition; or $99.95 one year, $179.95 two I absolutely agree with Alair be able to meet the subsequent get a break from that technolo- years, for print subscriptions with digital access. Townsend that the recent food- demand, and our nation’s most gy every once in a while? www.crainsnewyork.com/subscribe SHOULD CELLPHONE stamp cuts are “needlessly vulnerable—the elderly, the —david TO ADVERTISE: cruel” (Opinion, Nov. 25), but sick and the young—will suffer Bronx Contact Lauren Black at CALLS BE ALLOWED AT these cuts have additional as a consequence. [email protected] or call 212-210-0736. www.crainsnewyork.com/advertise HIGH ALTITUDE? implications for those who We cannot rely on A WHALE OF A TALE count on government nonprofits as the first line of FOR INFORMATION ON OUR EVENTS: Yes. They are allowed everyplace else. assistance to feed their families. defense against hunger. Re your poll “Should Macy’s Contact Courtney Williams at Research shows that Congress must recognize the ban SeaWorld’s float from the [email protected] or 212-210-0257. Yes. www.crainsnewyork.com/events Yes, but only in designated, walled-off malnutrition is associated with true impact of these draconian Thanksgiving Day parade?”: rows, like the old smoking sections. poor medical care outcomes cuts and reverse this course. Put yourself in the position TO CONTACT THE NEWSROOM: No. I’d rather sit with a couple hundred and is one of the leading causes —karen pearl of Shamu and 711 Third Ave., New York, NY 10017-4036 2-year-olds than have to listen to people’s of hospitalization nationwide. President and CEO the other orcas at editorial phone: 212.210.0277 endlessly annoying cellphone calls. In addition, these drastic cuts God’s Love We Deliver SeaWorld. If fax 212.210.0799 will force many food-insecure your natural Entire contents ©copyright 2013 Crain Communications Inc. Date of poll: Nov. 22 All rights reserved. ®CityBusiness is a registered trademark individuals to make critical UP IN THE ERR environment is of MCP Inc., used under license agreement. 210 votes choices between nutritious the wide-open food and cheaper, unhealthy Your online reader poll asked, ocean and you CRAIN COMMUNICATIONS INC. BOARD OF DIRECTORS 18% food, ultimately putting them “Should people be allowed to are now relegated chairman Keith E. Crain Yes istockphoto president Rance Crain at increased risk for long-term talk on their cellphones during to something the treasurer Mary Kay Crain 6% health problems. flights?” It’s bad enough to size of a large swimming pool, Cindi Crain Yes Private food banks and have screaming children on a how would you feel? These executive vp, operations William Morrow feeding programs like God’s plane, but if people are allowed animals have intelligence. It is executive vp, director of strategic 76% Love We Deliver, which to chitchat on their cellphones, denigrating and cruel to have operations Chris Crain No delivers nutritious meals to the all hell will break loose. them performing silly, senior vp, group publisher David Klein severely ill in the New York When I ride Amtrak, people unnatural antics, all in the vp/production, manufacturing David Kamis metropolitan area, will be talk loudly on their cellphones name of making a buck. founder G.D. Crain Jr. (1885-1973) forced to confront head-on the as though they’re in their own —john nahas chairman Mrs. G.D. Crain Jr. (1911-1996) secretary Merrilee Crain (1942-2012)

FOR THIS WEEK’S QUESTIONS: CRAIN’S WELCOMES SUBMISSIONS to its opinion pages. Send letters to [email protected]. Send columns of 475 Go to www.crainsnewyork.com/poll to have your say. words or fewer to [email protected]. Please include the writer’s name, company, address and telephone number.

10 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0011-NAT-CCI-CN_-- 11/27/2013 2:20 PM Page 1

costs 518,000 jobs. JENNIFER HENSLEY AND TIM ZAGAT ● A staggering 43% of overseas visitors say they will recommend avoiding a future trip to the U.S. because of entry hassles. JFK customs delays ● Among overseas business travelers, 44% say they will not visit the U.S.in the next five years because of our are adisgrace to city entry process. We can alleviate the problem without compromising our security. magine getting off an international flight, tired and ea- First, CBP should install automated kiosks and hire more officers.(Fund- ger to get your destination, only to face a two-hour wait ing by Delta brought passport- at customs. Unfortunately,this isn’t imaginary at John F. scanning technology to JFK’s Ter- Kennedy International airport.It’s what millions of trav- minal 4 in October, but the program elers are facing right now. must be implemented across JFK and Newark, not piecemeal.) IAt 120 minutes, JFK has by far the longest peak-hour maxi- Also, new officers should man mum wait at customs of any U.S. airport. And waits have often booths, not be given administrative exceeded four hours.The Global Gateway Alliance,which advo- duties. Rapid-response teams should be created to assist when cates for improvements to New York’s metropolitan airports, lines become excessive at any termi- compared wait times at the top five U.S. airports for internation- nal (current rules assign officers to only one terminal). Customs offi- al traffic: JFK, Los Angeles, Miami, in new customs waiting areas, pas- cers’ accountability should be in- Newark Liberty and Chicago sengers can only stand and stare at creased, and public CBP data O’Hare.Continually plagued by ex- gleaming new booths—largely un- should be more transparent. And treme wait times, JFK’s Customs manned. Sen. Charles Schumer waiting could be made more tolera- and Border Protection operation is called the lines “a national embar- ble—for example,with live music or in serious need of reform. rassment.” videos to welcome passengers. Customs and Border Protection, Excruciating waits are likely to Airlines, elected officials, stake- or CBP, knows the problem exists get worse without federal action. holders and the CBP recognize but can’t seem to fix it. JFK passen- For more than three years, Con- JFK’s problem. It’s time we all gers have experienced extreme waits gress has not provided the CBP worked together to solve it. for more than a year, but booths re- funding that JFK deserves as the main understaffed, and new tech- busiest U.S.airport for internation- Jennifer Hensley is executive director of nology that could speed lines is still al arrivals. the Association for a Better New York. not in place. The ramifications are serious: Tim Zagat is co-founder of Zagat Although the Port Authority ● The U.S. Travel Association estimates Surveys. They are board members of the and airlines have invested millions that “deterring and delaying visitors” Global Gateway Alliance.

education reform, fought public- sector unions to curb retirement Run against Cuomo? costs, won gun-control legislation and tamed one of the world’s worst legislatures. You have modestly A reality check controlled the Westchester Coun- ty budget and kept a lid on sky-high property taxes but remain ham- pered by the Democratic control of haven’t bumped into Rob Astorino at my weekend cof- the county Legislature. fee place recently,so I thought I’d use this column to pass ● You have no winning issues to run on. him some advice. Don’t fantasize any longer about run- Given the Cuomo record, maybe ning against Gov. Andrew Cuomo next year. It’s you think you can propose an in- come-tax cut for the rich. That not just that you will lose. It’s that humiliation is likely. would be politically disastrous. II know, state Republican Party Chairman Ed Cox and oth- Maybe you are considering taking ers are whispering sweet nothings in your ear. Anything can the pro-gun position, given that happen in politics, they tell you. You have a terrific record as you allowed gun shows back into Westchester when you took office, which might win a few rural votes Westchester County executive. upstate but would be a big loser The governor is more vulnerable downstate (where the voters are). than the polls suggest (even though You could crusade for hydrofrack- they put his approval rating above ing, which would be good for parts 60% and his margin over you a of New York but remains contro- landslide of the same proportion). versial. Here’s a reality check. ● Look at history. Review what hap- Retailers Wholesalers Restaurants Hotels Oil Dealers Social Services ● You will raise no money. Mr. Cuo- pened to Pierre Rinfret or Herb mo’s war chest was bulging with London or Peter Vallone Sr. when about $30 million as of Aug. 1, and they took on popular incumbents. he maintains the ability to raise al- Talk to John Faso, as solid a candi- most whatever sum he wants. He date as any the Republicans have will not only seek contributions, he GREG DAVID produced, who was ignored as he Read Adam Friedlander’s will make it clear that anyone who traveled around the state in 2006 How to $ave Big on Workers’ Compensation gives to you will become an enemy. and lost to Eliot Spitzer in the Political givers see their contribu- largest defeat ever for a Republican tions as an investment; they don’t don’t give much attention to candidate. Call To Save Today buy sure losers. The conservative fundraising losers, either. Remember, Andrew Cuomo super PACs won’t give you money, ● Mr. Cuomo has a real record and doesn’t just want to be re-elected.

either, because Mr. Cuomo isn’t you really don’t. Fundamentally,the He wants a margin of victory Adam Friedlander • 800-394-7004, ext. 206 • [email protected] running for president if Hillary governor has restrained state greater than his father ever www.friedlandergroup.com • www.howtosavebigonworkerscomp.com Clinton does,so there is no need for spending, cut taxes on the middle achieved. Keeping him from his *Underwritten by the NYS Insurance Fund, 199 Church St., NY, NY 10007 them to damage him. The media class, reformed Medicaid, stood by goal seems like a fool’s errand.

December 2, 2013 | Crain’s New York Business | 11 20131202-NEWS--0012-NAT-CCI-CN_-- 11/26/2013 5:06 PM Page 1

OPINION

REP. STEVE ISRAEL current Congress even funding rou- TRIA was designed as a temporary tine services and providing aid for measure to ensure that a private NYC still at risk from victims of Superstorm Sandy have market for terrorism insurance con- been uphill battles. tinues. In the wake of 9/11, I worked The law was necessary: A Real congressional strife with colleagues from across the Estate Roundtable survey one year country and both sides of the aisle after 9/11 found that projects worth to launch TRIA, which provides a $15.5 billion in 17 states were limited federal backstop in the stalled or canceled for lack of terror- ext year, a critical tool protecting New York’s event of a catastrophic terrorist ism insurance, and Moody’s down- economy and others from catastrophic terror at- event. We sought to secure the graded $4.5 billion in commercial tacks will expire. While Congress resolved the availability of full coverage of the mortgage-backed securities for the government shutdown, it has yet to reauthorize risk of terrorism for our nation’s same reason. We can’t recover from policyholders and to enable the in- an attack if the market is paralyzed. the vital Terrorism Risk Insurance Act,known as surance industry to recover from the Unfortunately, events like the NTRIA. Normally, reauthorization would be routine, but in the losses it sustained from the attacks. Boston Marathon bombing buck ennis Using energy wisely saves you money, and Washington lessens the load on our system. So if that’s a must extend the catch, you have to admit, Terrorism Risk it’s a pretty good one. Insurance Act

1-877-797-6347 demonstrate the continued need for conEd.com/energysavings TRIA.We must extend it before the market is disrupted. Otherwise, in- surers could stop writing policies that cover attacks, banks might not finance projects, and companies would be unable to insure their property or employees. Our national and economic se- curity is stronger with a federally guaranteed terrorism insurance program. That’s something both political parties can agree on, as we have before. The renewal of TRIA should maintain safeguards so that the fed- eral government is not relied on too heavily. We can specify that it’s not on the hook for more than 85% of insured losses above an individual company’s deductible.The Treasury secretary, secretary of state and at- torney general must jointly certify an act of terror, and the losses must exceed $5 million for that single act. And the federal government will AN provide assistance only if the entire insurance industry’s aggregate in- sured losses from an attack exceed $100 million. The Treasury would be able to recoup losses by applying ENERGY COMPANY a surcharge to future insurance pre- miums. TRIA is not primarily about helping insurance companies—it’s ENCOURAGING CUSTOMERS TO USE about making sure our economy isn’t dragged down by the threat of terrorism. Sept. 11 fundamentally LESS ENERGY? altered the commercial real estate market in New York, and losing this WHAT’S THE law would have a further disastrous effect. I refuse to accept that Americans want to give terrorists that power, and I’m not sure the many newcom- CATCH? ers in Congress understand what is at stake.The act has helped prevent economic terrorism for 11 years,and as we have seen, the need remains. Congress must extend TRIA now.

Steve Israel, a Democrat, represents Queens, Nassau and Suffolk counties in the House of Representatives.

12 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0013-NAT-CCI-CN_-- 11/27/2013 4:16 PM Page 1

REAL ESTATE INSIDE Deals Risk-management firm moves to midtown; broker lands two tenants on William Street PAGE 15 The List Top commercial property REPORT managers PAGE 16 kajean levinekajean

DDG: Peter Guthrie believes that buck ennis ALLOY: Jared Della Valle says the firm

great architecture pays off. FLAnk: Mick Walsdorf (left) and Jon Kully cater to an elite class that appreciates fine design. designs, builds and sells beautiful things. buck ennis Architects as developers More firms morph to design-focused for the phone to ring.” that the rising integrated firms are often small,with a dozen There are a handful of architects in the New York area go- employees or fewer.“Each field is complex in its own right,” integrated practices; the approach ing much the same route and setting up what some now re- said Vishaan Chakrabarti, director of the real estate pro- fer to as design-focused integrated practices. Better gram at Columbia University’s Graduate School may even help in rounding up funding control of their own destiny is only one of the rea- INSIDE of Architecture, Planning and Preservation. sons.So,too,are the far richer financial rewards that He ought to know. In his life outside Colum- TIRED OF FINDING HIMSELF at the mercy of his developer come with development and marketing work. THREE bia, Mr. Chakrabarti is a partner at architecture COMPANIES clients, architect Jared Della Valle did something about it. Some observers say integrated firms also enjoy show how to firm SHoP, which occasionally does double duty He started buying up the occasional small property, leading an edge when it comes to securing funding. combine design, as a developer on the projects it designs. Among him in 2006 to launch Alloy, a firm that designs, develops, “They have a unique vantage point, from [the business skills other things, there can be an inherent conflict be- constructs and even markets its own buildings. initial] vision through the delivery of units to the See Page 14 tween those who want to design the most attrac- Today, Alloy boasts a growing portfolio of mostly resi- end user,” said Mark Melchione, group manager tive and best-functioning building and those who dential projects. As of early November, they include Dum- for commercial real estate at M&T Bank, a leading want it to pay off the most. bo’s first townhouses—five sleekly modern, 3,000-square- construction lender that has helped finance buildings by “We’re at our best when we stick to architecture,” he said foot-plus abodes each selling for $4 million and up. FLAnk and DDG Partners, both integrated firms. “It cer- of SHoP, noting nonetheless that among his students at “As an architect,you sit around and wait for clients,while tainly can be an advantage.” Columbia there is a growing interest in trying to wear on the development side, you go ahead and buy property,” Combining skills ranging from design and finance to multiple hats. said Mr. Della Valle.“It’s not easy,but you don’t have to wait marketing, however, is a daunting task—especially given —jenna m. mcknight Room at the top for observation decks SKY HIGH

floors packed with shops, fine din- ning to jump into the business that Chicago by Montparnasse 56.“A lot New buildings mean ing and streaming videos of the his- in recent years has been lucratively more landlords are going to start more competition tory of New York in the elevators, ruled over by a duopoly of the Em- fighting for that tourism dollar.” 1,080 not to mention wrap-around views pire State Building and Rockefeller Among the new arrivals will be ELEVATION, IN FEET, of Related’s for stalwarts Empire of the world’s most famous skyline. Center’s Top of the Rock. one from megadeveloper Related planned open-air observation All told, the attraction will cost $60 “If you have a very tall building Cos.It will open an observation deck deck in Hudson Yards State, Rock Center million to build. with great views, it’s a business that in an office tower on which it is plan- Chances are that the city’s you’re starting to think about,” said ning to break ground early next year BY DANIEL GEIGER newest,tallest tourist draw will need Annu Chopra,a principal at Atalan- at the corner of West 33rd Street and all that, and more. Spurred by the ta Advisors, who has consulted on 10th Avenue in Hudson Yards. When the observation deck opens dawning realization that million- and helped arrange financing for Meanwhile, SL Green is also atop the hemisphere’s tallest spire, 1 dollar views can be world-class several observation-deck deals, in- considering a plan to open a viewing $60M World Trade Center, in a little more money spinners for decades on end, cluding an acquisition last year of the deck at the top of a soaring office COST OF 1 WTC’S three-floor than a year’s time, it will offer three a record crop of landlords are plan- one atop the John Hancock Tower in See ROOM on Page 18 observation area

December 2, 2013 | Crain’s New York Business | 13 20131202-NEWS--0014-NAT-CCI-CN_-- 11/27/2013 4:17 PM Page 1

REPORT REAL ESTATE

Continued from Page 13 panies, DDG finds that distinctive FLAnk architecture is essential to its brand. DDG PARTNERS The firm is willing to spend a little FOUNDED: 2002 FOUNDED: 2009 more on flourishes because its part- BASED: 520 W. 27th St., BASED: 60 Hudson St., Manhattan ners are convinced that it will pay off Manhattan SERVICES: Development, in the end. “We have infighting, of SERVICES: Architecture, architecture, construction, course, but it’s always in service of development, brokerage investment, property management the belief that great architecture has EMPLOYEES: 10 EMPLOYEES: 75 economic return,” said Peter SPACE BUILT/IN PROGRESS (SQ. SPACE BUILT/IN PROGRESS Guthrie,the founding principal who FT.): 350,000/440,000 (SQ. FT.): 1.4M/600K oversees design and construction. NOTABLE PROJECTS: 385 W. 12th NOTABLE PROJECTS: 41 Bond St., A 12-story, St., a seven-story, 12-unit condo a 10-story, seven-unit condo 13-unit condo in building; the Abingdon, a seven- building; 345 Meatpacking, an and the story, nine-unit condo building at NUMBER24 OF 11-story, 37-unit condo building at conversion of a 607 Hudson St. former SoHo CONDOS DDG 345 W. 14th St. hopes to carve chocolate facto- out of a SoHo MOST ARCHITECTURE STUDENTS avoid buck ennis AS INTEGRATED FIRMS GO, DDG Part- ry into 24 luxury chocolate plant learning the business side of their

ners entered the world four years levinekarjean condos will craft, but not Jon Kully and Mick ALLOY ago with a key advantage: the diver- come next. Walsdorf. Even as grad students at FOUNDED: 2006 sity of skills its four founders—an and even manage buildings. Among DDG’s fans is Lori Columbia University, both knew BASED: 20 Jay St., Brooklyn architect,a developer,a lawyer and a “It affords us the ability to really Price, a research director at a New they wanted to work as developers SERVICES: private-equity investor—brought control our projects,” he said. A case York hedge fund, who purchased and designers, which is why they Development, to the enterprise. Since then, the in point was DDG’s breakout proj- one of the condos at 345 Meat- launched integrated firm FLAnk in architecture, construction, firm has grown to 75 employees and ect at 41 Bond St. in NoHo, a 10- packing. 2002. At the time, “there was no brokerage added an office two years ago in San story condo clad in handsome blue- “They’ve essentially created an precedent we could find,” said Mr. EMPLOYEES: 12 Francisco, and today has 10 projects stone. Completed in 2011, its seven art installation, and each apartment Kully. SPACE BUILT/IN PROGRESS worth an estimated $800 million in units sold for between $5.1 million is a jewel box,” she said. What’s More than a decade later, their (SQ. FT.): 250,000/500,000 the works. As Chief Executive and $8.2 million, while the proper- more, since DDG manages the firm has completed seven projects NOTABLE PROJECTS: Five Joseph McMillan sees it, his firm’s ty’s striking design garnered consid- building, any issue she has gets re- and has three underway.Its latest of- townhouses on Water Street in competitive edge comes from its erable publicity. solved quickly.“It makes the process fering, 224 Mulberry St. in Nolita, Dumbo; conversion of former Brillo ability to design, develop, construct Unlike many development com- for me as an owner seamless.” features seven condos that range warehouse to 10 loft apartments from $6 million to an eye-popping $30 million. WHEN YOU WORK AS BOTH an architect “What’s great about these guys is and developer, you grow accus- that they design things that work,” tomed to having to explain yourself. said Stephen Prince,a managing di- Jared Della Valle,president of Alloy, rector at a Manhattan-based hedge sums up his integrated firm like this: fund, who recently bought a 4,200- “We design beautiful things. We square-foot condo at 385 W. 12th also happen to build and sell them.” St., a seven-story, copper-clad Alloy’s portfolio of mostly resi- building designed and developed by dential work includes two upscale FLAnk. Dumbo projects totaling 51,450 FLAnk’s projects range from de- square feet and a prominent mixed- veloping a 60,000-square-foot office use building in Brooklyn Bridge We congratulate our client building on West 27th Street to the Park. Recently, the firm also put a conversion of a historic Greenwich parcel it owns in Manhattan’s Village church into swanky lofts. Hudson Yards—where it could Today,the firm employs 10 peo- build as much as 413,000 square feet ple,six of whom are trained as archi- of space—on the market with an tects. Throughout the design asking price of process, the team is mindful of the $75 million. bottom line.“We understand objec- “You have to 51K tives from the beginning,” said Mr. invest your time TOTAL SQUARE FEET of two Alloy Kully.“We don’t finish DDs or CDs into under- residential [design documents or construction standing neigh- projects in on the refinancing of documents], go out to market, and borhoods, so Dumbo suddenly start scratching our when you do see heads.” opportunity,you’re ready for it,”said That’s not to stay FLAnk pro- Mr. Della Valle. duces uninspired architecture. Mr. He acquired a taste for the hunt Kully said it caters to an “elite con- while running New York-based sumer class” that appreciates high architecture firm Della Valle Bern- design. He added, “A coveted loca- heimer Design, which he co- tion and delivering something founded in 1997. He started buying unique and fantastic—that’s what real estate as a way to generate work we are always pursuing.” for the firm and established Alloy as in Elizabeth, New Jersey a side company in 2006.The architecture firm was dis- solved in 2010, enabling Mr. Della Valle to focus his full attention on Alloy. He emphasized that Alloy is careful about not taking on too much at once. It spends up to five years working on a project and fusses over every detail. That’s a major selling point for buyers. “What sets them apart is they are architects first and de- velopers second,” said Miles McEnery,an art-gallery own- er who purchased a loft at 185 Plymouth St.in Dumbo.“You get such a thoughtful, intelli- Want more info on our donedeals? Scan the QR Code with your smart phone. gently designed property.Not Ⅲ buck ennis a lightbulb is out of place.”

14 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0015-NAT-CCI-CN_-- 11/27/2013 2:21 PM Page 1

REPORT REAL ESTATE DEALS BARE BONES vacancy rate at the year-old property. 7 CENTRE MARKET PLACE building rising, “Having conti- ASKING RENT/TERM: Tenant lifts image then-owner Mitsui nuity of success in $100 per square foot; Fudosan hired Mr. the building was five years Ravesloot and his something that was SQUARE FEET: team, who brought important to the 1,100, including 500- with midtown move in tenants for tens of new owner,” Mr. square-foot basement thousands of square Ravesloot said. TENANT; REP: Karen mortgage risk-management firm has inked an eight-year sub- feet. That track Joel Wechsler, a Willis Holmes; Brett Nidel of Veracity Real Estate lease for an entire floor at 521 Fifth Ave. Under the deal, the record in a difficult broker at CBRE, Management Mortgage Industry Advisory Corp. will vacate two offices in market, along with represented Gora- LANDLORDS; REPS: Lee Olson and the financial district to consolidate and expand operations in a the new deals, gave yeb in its deal. Wes Chandler Pierce; Jean Bates and single, larger midtown space at the corner of West 43rd Street. an added boost to Rudes, a broker Christopher Sallizzoni of AC Lawrence AThe tenant signed on for 20,900 square feet for the entire ninth floor of Mr. Ravesloot’s with Cresa, repre- & Co. the 39-story tower, also known as the Lefcourt National Building.The ask- chances of retaining sented the tenant- BACK STORY: Aussie bridal shop inks ing rent is $65 per square foot, according to CBRE Group, whose Snezana the assignment under the new own- New York Internet. lease on a quiet Little Italy street out back Anderson and Bernhard Weinstabel represented MIAC in the deal. er,who paid $170 million for the 40- —daniel geiger of old New York police HQ. The Manhattan-based firm pre- viously had offices at 80 and 30 Broad St. but wanted to boost its cachet with a move north. The principals first set their eye on square footage in the red-hot midtown south submarket, but the space needed to be built up from scratch,ac- cording to Do your workers More than Ms. An- derson. understand health 7-10 U.S. workers The midtown south care reform? agree that health building “turned care reform is out to be a big under- taking,” too complicated she said. “But we to understand.* were able to find a very nice, ready-to-go sub- lease, including furniture, a half- block from Grand Central.” The space had originally been leased by SL Green Realty Corp.to an unnamed tenant, who was represented in the sublease of the space by CBRE’s Jared Freede. The risk-management firm hopes to move in by early March. —joe anuta Broker lands two tenants and old job A CBRE Group leasing team led by broker Mark Ravesloot has not only won commitments from two ten- ants at 100 William St. for new leases, but in the process also has gotten the nod from the building’s new owner, Manulife Insurance, to continue handling leasing at the downtown property. In one deal, New York Internet Co., a data-center provider, extend- How will you help them? ed its hold on the 22,000-square- Call your local Afl ac offi ce or download our Employer’s Guide: foot top floor of the 21-story, 400,000-square-foot building. New afl ac.com/HCRGuide York Internet had been subleasing the space from Level 3 Communi- cations. It will now occupy the floor in a 10-year direct lease. The asking rent for the space is $48 per square foot. Meanwhile, law firm Gorayeb and Associates inked a deal for 17,000 square feet on the building’s 12th floor, expanding its footprint there by 70%. Gorayeb will take the space for 15 years. The asking rents are in the Z130889C *Source: 2013 Afl ac WorkForces Report 9/13 mid-$40s per square foot for that space. During the recession, with the

December 2, 2013 | Crain’s New York Business | 15 20131202-NEWS--0016-NAT-CCI-CN_-- 11/27/2013 1:39 PM Page 1

THE Commercial Property Managers LIST Ranked by square feet managed in New York City

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16 | Crain’s New York Business | December 2, 2013 HOW TO GET TO THE CENTER OF NEW YORK RETAIL

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REPORT REAL ESTATE

massive Hudson Yards development, More room at the top for observation decks is another exec betting there is plenty of demand to go around. He sees his planned deck as part of the package of Continued from Page 13 HIGHLY PROFITABLE VIEWS attractions on the far West Side that spire it wants to erect directly across includes the High Line and a 1 mil- Grand Central Terminal on Vander- lion-square-foot shopping mall that bilt Avenue.Not to be outdone,Gary Related plans to build at the yards, a Barnett,the prolific developer who is 100-foot-tall-plus sculpture it will in- building one of the tallest residential stall at the site, and the scenic tree- skyscrapers in the world, on West lined Hudson Boulevard to the north. near Broadway, said that Still, Related plans to make sure he too has considered getting into the its deck will be able to compete and observation-deck business. is touting several one-of-a-kind at- And although it is hardly a nor- tributes that it believes will make its mal observation deck per se, the photos: buck ennis, newscom view the best in town. EMPIRE STATE 1 WTC TOP OF THE ROCK ST. GEORGE HUDSON YARDS 625-foot-tall Ferris wheel planned For one, at an elevation of 1,080 BUILDING Opening date: 2015 Opening date: 2005, FERRIS WHEEL Opening date: for St. George, Staten Island, will 2018 feet, its deck will rank as the highest Opening date: 1931 Viewing height: More after 20-year hiatus Opening date: 2016 Viewing height: 1,080 also be in the business of hawking Viewing height: 1,250 than 1,300 feet Viewing height: 850 Viewing height: 630 feet open-air observatory in the city. Re- stunning views. feet Views: Downtown, New feet feet View: Midtown, Hudson lated will also amp up the visceral and Views: Midtown, York Harbor View: Midtown Views: New York Harbor, River vertiginous thrills by potentially of- Dramatic rise downtown Statue of Liberty fering amusement-park-like features By most accounts, interest in such as a glass floor that will can- such attractions picked up dramati- State’s rooftop attraction was gener- said. “While the office portion of In one sign of the robustness of tilever out over the chasm and possi- cally two years ago. ating $60 million in annual revenue. the building has struggled to pro- the business, Green Street Advisors bly a glass wall that patrons can lean It happened when hard data Fueled by a growing army of duce strong returns, the observation predicts only a modest tapering of against as it tips out over the drop. emerged as to just how much mon- tourists, who currently number 50 deck is a unique asset that’s a world- operating income for the Empire “In the history of tall buildings ey the owners of the Empire State million annually in the city, the fu- famous place right in the middle of State Building after 1 World Trade around the world, there’s always Building rake in from its deck.That ture of the observation-deck busi- Manhattan and is a moneymaker.” Center’s observatory opens in 2015, been a human desire to get up at the disclosure came in filings with the ness looks bright indeed. REIT an- falling to $74 million that year and top of them,” Mr. Cross said. “You Securities and Exchange Commis- alyst Michael Knott of Green Street Underserved market then $71 million in 2016. want to max that experience for sion associated with the effort to Advisors projects that operating in- Many experts believe there is “We look forward to competing them, and what’s unique here is that take the tower—and 18 other mid- come at the Empire State Building’s plenty of room for additional obser- against them,”said Anthony Malkin, we’re part of an evolving world of town properties—public as part of a observation deck, for instance, will vation decks here. chief executive of Empire State observation decks where there’s a real estate investment trust. hit a record $88 million next year. “Is there enough of a market for Realty Trust,months ago in a conver- thrill aspect to it.” Ⅲ The October IPO raised nearly “Its observation-deck business two or three more observation decks sation with Crain’s. Mr. Malkin $930 million and in the process let alone is worth about 30% of the to- in the city? Probably,” Ms. Chopra would not comment for this article. LISTEN to a discussion at the world know that the Empire tal value of the REIT,” Mr. Knott said. Jay Cross, president of Related’s CrainsNewYork.com/podcasts

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18 | Crain’s New York Business | December 2, 2013 The GIVING GUIDE Philanthropic Opportunities

A Special Advertising Section

CN016305.indd 1 11/26/13 12:49 PM Crain’s Giving Guide Special Advertising Section A MESSAGE FROM JILL KAPLAN

e nonprot industry in New York is essential to the city’s economic vitality, employing thousands of individuals who work tirelessly every day to make a dierence in the causes and missions they support. Here at Crain’s New York Business, we salute and recognize the importance of the nonprot industry with our year-round print, online and in-person event coverage.

We also applaud our extraordinary business community, whose largesse makes a signicant dierence, and hope during this holiday season that it will be able to be especially generous.

In our Oct. 21 issue, senior reporter eresa Agovino’s article “Making the holidays count” explains how critical the nal months of the year are for nonprots: “About one- third of all donations are made during December, and for nonprot executives it’s crucial to get their share: Charities, especially social-service organizations, can bring in anywhere from 30% to 60% of their total budgets in the last three months of the year.”

Crain’s is pleased to provide you with our 2013 Giving Guide, a special advertising supplement to Crain’s New York Business, which showcases some of the extraordinary non- prots in New York City. We hope that you will nd the guide to be helpful in better understanding the benets a company can realize by becoming more actively involved in philanthropy. e Crain’s Giving Guide also explains how social responsibility starts at the top, how to choose the right charity and how tax breaks make donating resources easier.

Crain’s New York Business hopes you and your company are inspired by the 2013 Giving Guide to start a new nonprot relationship, or enhance existing ones.

Happy holidays and warmest regards,

Jill Kaplan VP & Publisher Crain’s New York Business

Table of Contents S6 ...... Choose the Right Charity

S12 ...... Social Reponsibility Starts at the Top

The S18 ...... Tax Breaks Make It Easier to Give to Charities

GIVING Participants S3...... FEGS Health & Human Services

GUIDE ...... S4-S5 Futures in Education Philanthropic Opportunities S7 ...... UJA Federation of New York

S8-S9 ...... The Hebrew Home at Riverdale

S10-S11 ...... ORT America

S13 ...... The Time in Children’s Arts Initiative

S14-S15 ...... The Children’s Aid Society Crain’s 2013 Giving Guide is produced by Crain’s Custom Connections Studio. For more information, please contact Trish S16-S17 ...... The Queens Library Henry at (212) 210-0711 or [email protected]. ƒe digital edition is available at crainsnewyork.com/givingguide. S19 ...... The Breast Cancer Reasearch Foundation

S20-S21 ...... FEDCAP

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HEALTH•DISABILITIES | HOME CARE | HOUSING | EMPLOYMENT•WORKFORCE | EDUCATION | YOUTH•FAMILIES www.fegs.org 212.366.8400

CN016232.indd 1 10/30/13 10:52 AM Crain’s Giving Guide Special Advertising Section FUTURES IN EDUCATION

GOALS: Futures in Education Mission statement: –e mission of Futures in Educa- Our goal is straightforward: No child should be denied tion is to ensure that the gi¡ of an excellent Catholic a Catholic education in Brooklyn or Queens due to education continues to be a viable option for current and 243 Prospect Park West ¨nancial constraints. future generations of deserving students in Brooklyn Brooklyn, NY 11215 and Queens. We provide assistance to the neediest of those students, through endowment funds and fundrais- FUNDRAISING EVENTS: 718-965-7308 ing programs that focus on key educational priorities: ›A nnual Scholarship Fund Dinner, taking place at the Waldorf Astoria each year in October, with a goal of futuresineducation.org Scholarships and Tuition Assistance ›B e an Angel to a Student Program raising $2 million to provide 1,500 scholarships to › Diocese of Brooklyn Scholarship (DOB) children in need Total employees: Nine ›B ishop’s Scholarship Program (BSP) ›A ngels on the Fairway Golf Outing, taking place Annual Revenue: $7,000,000 each spring at –e Creek in Locust Valley, NY Year established: 1989 Programmatic Support ›C arnegie Hall Spirit of Christmas Concert with the ›M aintaining up-to-date curriculum New York Tenors, taking place every December Managing executives: John Notaro, Director of Opera- ›E nhancing teacher training tions and Programs and Nicholas Vendikos, Director of ›Q uarterly Young Executives Committee events and ›P roviding state-of-the art technology happy hours Development ›S upporting extra-curricular programs, including Music, Art, Gym and A¡er School Programs Board of trustees: Bishop Nicholas DiMarzio Ph.D., ›D eveloping marketing/recruitment strategies D.D, Bishop, Roman Catholic Diocese of Brooklyn; VOLUNTEER/GIVING Robert B. Catell, Chairman Advanced Energy Research Alumni Outreach and School Fundraising Programs OPPORTUNITIES: & Technology Center (AERTC) at New York State ›C atholic Alumni Partnership ›B e an Angel to a Student program University, at Stony Brook University; Susan F. Alta- ›A dopt-a-School Program ›A n Angel helps subsidize the cost of Catholic more Carusi Esq., Founder, Big Guy Foundation, Inc.; grammar school tuition to a student by provid- Martin Cottingham, Principal, Avison Young; Brendan J. Capital Improvements ing partial tuition assistance starting at $1,500 Dugan, President, St. Francis College; Clarissa Elgarten, per year. Angels not only provide the ¨nancial Entrepreneur; –omas Flood, Vice President, Develop- Service area: Brooklyn & Queens ment, St. Francis College; Robert F. Gartland, Chairman, support to a student in need, but also represent –e Gartland & Mellina Group; Reverend Monsignor Ja- Top sources of funding (by percent): the con¨dence a child needs in order to succeed mie J. Gigantiello, Vicar for Development, Roman Cath- 65% - Organizations; 35% - Individuals through grammar school and beyond. An invest- olic Diocese of Brooklyn; Louis C. Grassi, CEO, Grassi ment in an Angel student’s education is truly a & Co.; Reverend Monsignor Kieran E. Harrington, life-changing gi¡ –for both the student and the Vicar for Communications, Roman Catholic Diocese of Angel. Brooklyn; William J. Hogan, VP/GM of Eastern Sales, ›A dopt-a-School program NetApp; Kevin Kearney, Esq., Partner, Wingate Kearney ›– is program joins prominent businesses with ¨- & Cullen, LLP; John A. Loconsolo, Executive President, “Our goal is Locon Realty Corp.; Joseph M. Mattone, Sr. Esq. Senior nancially challenged schools. A Business Partner Chairman, Mattone Group, LLC; Charles McQuade, straightforward: No shares resources of time, talent and treasure with Retired Chairman and CEO, SIAC; Arthur Mirante II, a struggling school and its students by strength- Principal and Tri-State President, Avison Young; Lester child should be denied ening the learning environment and assuring the J. Owens, Managing Director, JPMorgan Chase; Regina school’s ¨nancial viability. By partnering together Pitaro, Managing Director, Gabelli Funds, LLC; Bruce C. a Catholic education in Business, Education and Community, a concert- Ratner, Chairman & CEO, Forest City Ratner Com- ed e¬ort toward renewal and revitalization is panies; Joseph Sciame, Vice President for Community Brooklyn or Queens due to established and children’s educational needs are Relations, St. John’s University. financial constraints.” more adequately met.

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S4.indd 1 11/26/13 12:56 PM Changing Lives Through the Gift of Education

You can help! Please visit www.futuresineducation.org facebook.com/FuturesInEducation @futuresinedu Crain’s Giving Guide Special Advertising Section

CHOOSE THE RIGHT CHARITY

There are thousands of good causes for companies to Looking to ght child hunger, Ahold USA, the parent Ahold USA, nd that supporting nonprots that work company of Stop & Shop supermarkets, set aside $9 in an area related to their business mission is the most support in New million in February 2013 to support 21 food banks and natural course, but that isn’t the only option. ƒere similar organizations in markets such as the Tri-State are many ways to structure an e—ective process for area through the company’s Our Family Foundation. selecting a nonprot, such as setting up an employee York. Here’s how ƒanks to one grant it issued, the Food Bank for NYC committee, Ms. Ja—ee said. received funding that it is putting into a monthly pro- to narrow the field. gram that distributes nonperishable food at Peninsula What organizations will help you have the greatest Preparatory Academy in the Rockaways, an area hit impact? Many donors want to see that the money they hard by Hurricane Sandy. give to a charity is funding e—orts such as its eld work, not overhead, but that should not be the only factor “ƒe grantees are doing wonderful work. It’s so inspir- in the vetting process, says Scott Jackson, president ing,” says Tracy Pawelski, vice president of external and CEO of Global Impact, an organization that funds communications for Ahold USA. “ƒey’re meeting or more than 70 U.S.-based international charities and exceeding all of their goals.” distributes charitable donations for corporations. If, say, a charity is spending 80% of donations on its mis- ƒe Philanthropic Initiative (TPI), a consultancy that sion, he says, it’s important to ask questions like: What advises businesses and individuals on charitable giving, are they doing with that 80%? Is it going to meaningful helped Ahold USA organize its grant making process work? Do they have ways to measure that work? Can and outreach, which focused on groups that had a you really understand the impact the charity is having? longstanding relationship with the food giant. “For His organization, which certies charities to make sure many companies, it is really about aligning a company’s they are e—ective based in an extensive application philanthropic goals with its business goals,” says Jamie process, looks to sources such as the Better Business Ja—ee, managing partner of TPI, a Boston, Mass.-based Bureau for additional information on how well they rm that frequently advises clients in New York. perform.

Many local companies are doing just that. ƒe most Companies that are very serious about having an im- recent Capital One Market Pulse Survey for New York pact o§en devote considerable time to research, which City on charitable giving, released in late Novem- can include doing site visits at nonprots or conference ber, found that half of New York City businesses had calls with their executives, said Ms. Ja—ee. ƒat can already contributed to a charitable cause this year or give them a better understanding of an organization’s planned to do so. Besides doing a lot of good, it has a work and to build relationships in the nonprot sector. powerful in›uence on how their customers feel about “It’s becoming a very strong part of the due diligence them. Ninety percent of consumers surveyed said that process,” she said. businesses’ local community giving was important to them. If you are looking to support a cause that How much contact will you have? At the very least, ts your company’s mission perfectly, here are some a charity should be willing to provide you with regular key questions every company should ask during the updates on its work. If your company desires more research process, say experts. hands-on involvement, like opportunities to pack disas- ter-relief kits, make sure the charity you choose o—ers What are the main issues you want to tackle and that, says Jackson. “People need to be engaged,” he said. stand by? “It is really about what the company is most interested in and passionate about in helping the community,” said Ms. Ja—ee. Some companies, like

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S6.indd 1 11/26/13 12:56 PM WHEN’S DINNER?

Right here in New York, there are individuals and families The temperature’s dropping, and we’re amping up our who don’t know when – or if – they’ll see their next meal. work to make New York a whole lot warmer. And as winter approaches, an empty stomach is even more painful. For more information or to volunteer, visit www.ujafedny.org/feeding-our-neighbors. Hunger cuts across all ethnic and religious lines. That’s why UJA-Federation of New York and Catholic Charities are joining forces to feed the hungry. Feeding Our Neighbors:

Through Feeding Our Neighbors: An Interfaith Response, An Interfaith Response our organizations are leveraging our combined resources, reach, and commitment to collect and distribute one million meals throughout the New York area. facebook.com/ujafedny twitter.com/ujafedny Crain’s Giving Guide Special Advertising Section

THE HEBREW HOME AT RIVERDALE

FUNDRAISING EVENTS: The Hebrew Home at Riverdale their homes. ElderServe includes long term home health ›H ebrew Home at Riverdale Annual Gala care, in-home personal care, medical and social adult › e Harry and Jeanette Weinberg Center for Elder day programs as well as overnight respite programs. and A liates Abuse Prevention Annual Awards Breakfast 5901 Palisade Avenue Service areas: Greater New York City (‹ve boroughs), Riverdale, NY 10471 and Nassau County, Rockland, Westchester, Connecticut and New Jersey; with national coverage in care manage- VOLUNTEER/GIVING 718-581-1234 ment www.hebrewhome.org OPPORTUNITIES: Managing executives: Daniel Reingold, President & Volunteers work directly with residents and assist pro- www.weinberg-center.org CEO; David Weinstein, COO; David V. Pomeranz, EVP; fessional sta‘ to achieve the Hebrew Home’s mission of Luz Liebeskind, CFO providing the best possible health care and quality of life for the elderly. Total employees: 2,083 Board of Directors: Annual revenue: $417,853,962 O cers: Je‘rey S. Maurer, Chairman; Kenneth S. Lazar, Year established: 1917 Vice Chairman; Joseph Wygoda, Treasurer; James A. Shifren, Secretary HOW DO VOLUNTEERS HELP Mission statement: It is the mission of e Harry and Jeanette Weinberg Center for Elder Abuse Prevention to Directors: Shelley Fehrenbach; Michael Fuchs; Andrew THE ELDERLY? provide emergency shelter for victims of elder abuse; to L. Gaines; Robert S. Gilman; Mel Harris; Michael D. ›R esident visits enhance professional and public awareness and knowl- Hess; Martin Ho‘man; Steven M. Jacobson; Stanley ›D iscussion groups and entertainment edge about elder abuse; to build collaborative working M. Katz; Todd Kerwin, M.D.; Michael J. Klosk; Isadore ›R ecreational activities networks; and to facilitate successful replication of the Kreel, M.D.; Richard S. Lane; Sonny Loe¢er; Michael ›L ibrary service Weinberg Center model. e right to self determination Palin; Seymour D. Reich; Burton P. Resnick; omas S. ›P et visits Rogers; Joshua Sapan; Jerome Weinrib of older adults guides the spirit and activities of the ›R ehabilitation services Weinberg Center. Top sources of funding (by percent): ›D ocent for Museum and Home’s art collection e Hebrew Home at Riverdale was founded in 1917 New York state (58%), federal (8%), private (14%), ›C lerical, bookkeeping or accounting assistance and is an internationally recognized nonpro‹t geriatric contributions (8%), other (12%) ›E scort and transport services service organization that provides older adults of all ›M ealtime assistance faiths with exceptional care. Our goal is to provide warm nurturing care in a creative and cost-e‘ective manner which preserves and enhances independence and digni- Through a broad array ty. We seek to make a positive impact in the lives of the WHO VOLUNTEERS? over 12,000 older adults we serve each day throughout of services, the Hebrew ›A ny individual 14-years or older looking to develop the Greater New York City area. new skills Home at Riverdale oers ›C ollege and high school students seeking practical rough a broad array of services, the Hebrew Home experience and internships at Riverdale o‘ers a complete continuum of care, from a complete continuum of ›C orporate groups and employees home care and short term stays to senior housing and ›P rofessional and business people residential long term nursing care. In addition to the care, from home care and Harry and Jeanette Weinberg Center for Elder Abuse ›R etirees Prevention, services include residential healthcare, geri- short term stays to senior atric care management, rehabilitation and palliative care facilities, senior housing communities and ElderServe, housing and residential the community services division that helps maintain the independence of older adults who choose to remain in long term nursing care.

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Crain’s Giving Guide Special Advertising Section ORT AMERICA, INC.

Two young students studying technology education at ORT Argentina’s acclaimed Almagro campus. GOALS: › June 13, 2013: e Cleveland Region’s 17th Annu- ORT America, Inc. ORT America raises money to support the global al Jurisprudence Award Dinner honoring Stephen network of ORT programs in over 50 countries. §ese Ellis (Tucker Ellis LLP) and Mark McGuire (Eaton) 75 Maiden Lane, 10th Floor programs, which serve 300,000 students every day, was attended by 250 people and raised more than New York, NY 10038 promote the understanding and appreciation of Jewish $100,000 for robotics education in Cleveland and values while o¨ering a superb academic and technical around the world. 212-505-7700 or 800-519-2678 education in areas such as robotics, biochemistry, tele- › August 26 – October 4, 2013: e Long Island Fax: 212-674-3057 communications, computer science, renewable energy, Region partnered with the Holocaust Memorial & medical reporting and graphic design, to name a few. Tolerance Center of Nassau County to present an [email protected] Since 1880, ORT programs have helped students attain exhibit “ORT Saved My Life: e Legacy Contin- successful careers, become leaders in their communi- ues,” which told the story of ORT’s 133-year history ties, and live independently with dignity. through the stories of 18 local graduates of the Total employees: 64 group’s programs. Annual revenue: $16.3 million (average), August 13, › October 24, 2013: e Atlanta Region: Nearly 250 2013, nancial statements actual. people honored three distinguished Atlanta educa- Year established: 2007, with the merger of FUNDRAISING EVENTS: tors with the 2013 Commitment to Education Award American ORT (1922) and Women’s American ORT › December 2012: §e West Coast Region held its at an evening of networking with some of Atlanta’s (1927). 32nd annual Chanukah brunch, raising over $70,000. most distinguished Jewish community members. More than 170 guests honored Holocaust survivor, Mission statement: ORT America is a Jewish organiza- e award ceremony was emceed by CNN reporter tion committed to strengthening communities through- long-time ORT supporter and leader of 40 years, Nadia Bilchik and focused on the theme “Inspiration out the world by educating people against all odds and Ann Spicer. Deena Eberly, chair of ORT America’s is Contagious,” tying in ORT education with local obstacles. Next Generation in Los Angeles, received the Next Jewish education. Generation Award. › October 27, 2013: e Cleveland Region celebrated Service areas: ORT America is headquartered in New › June 30 – July 6, 2013: ORT America mission to its 60-year history at the 2013 Annual ORT Brunch. York City and serves as the largest fundraising arm of Argentina: Eighteen ORTists from across the United Special recognition was given to the presidents and to World ORT. In the United States, US ORT Operations States went on a seven-day mission to Argentina and the members of the Guardian Society (donors of 25, administers Bramson ORT College (Queens/Brooklyn, Uruguay. ey visited schools in Buenos Aires and NY); Zarem/Golde Technical Institute (Skokie, IL); and 50 and 60 years). Proles of ORT students and alum- Montevideo, met current and former students, and Los Angeles ORT College (Los Angeles/Van Nuys, CA). ni reinforced the theme of how ORT changes lives. saw rst-hand the vibrant classrooms and innovative › November 3, 2013: e Metropolitan Chicago Re- Managing executives: Linda S. Kirschbaum, National programs that the millions of dollars raised in the gion’s annual fall event was attended by 200 people, President; Lawrence Kadis, Chair, National Executive United States have helped build. raising over $110,000 for ORT America’s many proj- Committee; Alan E. Klugman, National Executive Director. › September 30, 2013: A record-breaking 350 people ects and programs throughout the world. attended the Accountants, Attorneys & Finan- Board ocers: Terry Azose, Vice President; Gail cial Services Chapter’s Tribute Reception, raising Lanznar, Vice President; Neil Model, Vice President; $150,000 for scholarships to support Bramson ORT John VerStandig, Vice President; Morris Gocial, Trea- college students studying accounting and business VOLUNTEER/GIVING surer; Hilly Panovka, Secretary/Assistant Treasurer. For management. a complete listing of managing executives and Board of OPPORTUNITIES: Directors, please visit our website ORTamerica.org › August 21, 2013: ORT Michigan Region: Nearly 450 ORT America is always looking for ambassadors guests attended Rub-a-Dub, ORT America Michigan passionate about education to join its e¤ort to sustain Top sources of funding (by percent): Jewish Federations Region’s premier annual fundraisier, which raised ORT’s worldwide network of education and training (36%), ORT America regional assignments (via events) $400,000 for the ORT program. programs. › April 21, 2013: e Metropolitan Chicago Region’s (38%), donations/legacies (26%). annual “Lunch with a View” was attended by over To nd out how “ORT Works,” visit ORTamerica.org, 300 women and raised more than $130,000 to benet contact [email protected], or call 800-519-2678. ORT-KesherNet.

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S10.indd 1 11/26/13 12:57 PM Some history is worth repeating. Come join our family tree.

ORT educates over 300,000 students around the world every day. To learn more about ORT’s mission to educate and elevate at home and around the globe, please visit us at www.ORTamerica.org.

ORTamerica.org | [email protected] | facebook.com/ORTamerica

CN016261.indd 1 11/8/13 12:10 PM Crain’s Giving Guide Special Advertising Section

CHARITY STARTS AT THE TOP

Key executives play a leading role in sparking companywide

Looking to build a sense of social responsibility at your really demand that the charities you’re considering rise enthusiasm for rm? With many worthy charities competing for your to the occasion.” employees’ attention, simply asking for contributions philanthropic around the holidays may not go very far in building Make a personal gi . real energy around a cause. A public donation from a CEO or individual execu- tive who cares deeply about a cause can have a greater causes. “When we’re talking about philanthropy, it’s really impact in your workplace and marketplace than a about a relationship and a shared vision. It’s not about barrage of cause-related marketing. When a former a transaction,” said Larry C. Johnson, a fundraising supervisor at Ketchum, the global public relations rm coach for donors who has worked with New York City headquartered in Manhattan, sent a note saying he was clients as CEO and founder of M E Grace & Associates, increasing his annual gi˜ to the Boy Scouts of America based in the Boise, Idaho metro area, and is author of and hoped his team would join him, Mr. Johnson was e Eight Principles of Sustainable Fundraising. moved to contribute. He had o˜en heard about the executive’s involvement in scouting through his family. One fast-growing trend among companies is increasing paid-release time for sta‡ers who want to volunteer— “I knew him,” recalled Mr. Johnson. “It was obvious as well as volunteer programs outside of company that the letter he wrote to me was very sincere.” time. ‰ose types of options increased signi cantly from 2007 to 2012, a period in which companies also Of course, companies need to be sensitive to the reality increased cash and non-cash donations, like pro bono that many employees don’t have the same nancial services, according to survey results released in July by means to donate as a CEO or top executives. “If you ‰e Conference Board, headquartered in Manhattan. have a volunteer program or paid time o‡, it makes it ‰e percentage of companies giving workers paid vol- easy for them to do that,” said Mr. Johnson. Stressing unteer time rose from 53% to 70% in that period. And giving levels that are commensurate with employees’ in 2012, half of all respondents to the survey reported ability to give can also increase participation in a chari- doing pro bono work. table initiative.

Here is some advice for Mr. Johnson on other ways to Communicate in a way that resonates with employ- heighten the sense of social responsibility within your ees. If you run a tech rm, sending a text message to company. employee or running a campaign may be a better way to encourage donations than a formal Be crystal clear about your corporate values. letter. “‰ese are things young people really respond If it’s unmistakable that a cause matters to a company to,” said Mr. Johnson. and its senior leadership team--and is in sync with its overall mission—employees will respond to that genu- Show appreciation. ine enthusiasm. Most donors don’t want their names in lights, but they do like to know their gi˜ meant something. A˜er John- ‰at means focusing your e‡orts and, sometimes, son made his donation to the Boy Scouts, his manager saying no to good causes that don’t t the company’s wrote him a personal thank you note. “‰at takes time vision. “We have to be very open and forthright about and e‡ort,” Mr. Johnson said. “You can’t have your where there’s a values match and where there isn’t,” Mr. assistant do it and have it have the same impact.” Johnson said. “When you approach it that way, you

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S12.indd 1 11/26/13 12:58 PM The only thing greater than a child’s imagination is your help in supporting it.

Since 2006, The Time In Children’s Arts Initiative has transformed the lives and vistas of more than 1000 of New York City’s youngest, most at-risk public school students from and the South Bronx. Combining opera, studio art, museum visits/gallery hops, move- ment, literacy and language as part of a kid’s normal school day, Time In provides access to a caring, arts-enriched world for children who would never otherwise have this quality of opportunity. Time In: Joyously engaging the arts to ensure children the tools they need to flourish, thrive and hope. To learn more or to schedule a site visit, contact Cyndie Bellen-Berthézène, Executive Director, www.timeinkids.org, 212-209-1552.

CHANGING THE WORLD. ONE CHILD AT A TIME. The Time In Children’s Arts Initiative is a 501c(3) charitable corporation and all contributions are tax deductible to the extent provided by law. Crain’s Giving Guide Special Advertising Section THE CHILDREN’S AID SOCIETY

THE CHILDREN’S AID SOCIETY ›T utoring. The Children’s Aid Society Since 1853, e Children’s Aid Society has used ›M entoring. award-winning, time-proven strategies to help children ›E arly childhood—performers, readers, classroom 105 East 22nd Street achieve healthier and more ful›lling lives and to help assistants. families become more stable and successful. As a leader ›G o!Healthy volunteers—limited. New York, NY 10010 in the ›elds of child welfare, social justice, education ›B ook/back to school/hygiene kit drives. 212-949-4800 and poverty eradication, Children’s Aid is known for its comprehensive, high-quality programming, long-stand- childrensaidsociety.org ing community presence and innovative program CORPORATE OPPORTUNITIES: models, many of which have become national standards ›S ponsor events and fundraisers. Total employees: 1,070 full-time; 820 part-time for how we teach and care for our children. ›B eauti›cation projects and other one-time events. Annual revenue: $99,000,000 ›B ook/back to school/hygiene kit drives. Year established: 1853 Today, we still see children in the communities we serve ›S ponsor and host a summer intern. stuck in a seemingly intractable cycle of poverty-facing ›B ecome a corporate workplace partner. Mission statement: e Children’s Aid Society helps the same educational, employment, socio-emotional children in poverty to succeed and thrive. We do this by and health problems their parents faced. In fact, the For more information, please visit childresaidsociety.org. providing comprehensive support to children and their children born into poverty today are even more likely families in targeted high-needs New York City neighbor- than those from a generation ago to grow up to become hoods. poor adults, underscoring an ever-increasing wealth Service area: Social service. and opportunity gap. Children’s Aid is at an exciting moment in its history as we take the initiative to sharp- Managing executives: Richard R. Buery, Jr., president en our focus and dramatically increase our impact. and CEO; William D. Weisberg, Ph.D., executive vice president and COO; Dan Lehman, vice president and We decided to focus our resources on helping low-in- CFO; Valerie Russo, vice president of strategy and excel- come children in our target neighborhoods escape lence; Katherine Eckstein, chief of sta•. poverty by building an integrated series of programs to support children on their path from the cradle though Board of directors: Mark M. Edmiston, chairman. college graduation. We call our vision Keeping the Top sources of funding (by percent): Promise because access to equal opportunity is the Local government (48%), private donations (21%), state promise we make to all children in America: that where and federal government (23%), other (8%). you end up in life will not be determined by where you began it.

“The Children’s Aid Society ANNUAL FUNDRAISING EVENTS: provides comprehensive ›K eeping the Promise gala. ›B altusrol Golf Classic. support to children and their families in targeted VOLUNTEER/GIVING high-needs New York City OPPORTUNITIES: neighborhoods.” ›C hildren’s Aid Associates Council: childrensaidsociety.org/volunteer/associates-council.

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S14.indd 1 11/26/13 12:58 PM The Children’s Aid Society

In New York City, more than 500,000 children live below the federal poverty line. Our mission is to help them find a path out of poverty, toward college graduation.

This holiday season, help us break the cycle of poverty and creating lasting change for children.

Join. Give. Help.

Learn more at www.childrensaidsociety.org. Crain’s Giving Guide Special Advertising Section QUEENS LIBRARY

GOALS/IMPACT: solely to use the library’s computers. Queens Library Queens Library is one of the most innovative and rel- ›I s one of the borough’s largest employers of teens evant library systems in the world. e Gold Standard and young adults. We train them to help children 89-11 Merrick Boulevard for 21st century libraries, we provide life-long learning with homework, assist patrons in using public access opportunities for people of all ages and backgrounds computers and guide young people through science Jamaica, NY 11432 through thousands of free educational, cultural and rec- exhibits and programs. Carefully supervised by 718-480-4246 reational programs and services in addition to a world- trained professionals, these young people also re- class collection of digital and hard copy resources. ceive career and college information and work skills queenslibrary.org development. Founded in 1896, Queens Library serves a borough of Year established: 1896 2.3 million people, 48% of whom are foreign born and speak 190 di‡erent languages. It hosts more than 45,000 GIVING/VOLUNTEERING Mission statement: e mission of the Queens Library is people a day at 62 community libraries located in every to provide quality services, resources and lifelong learn- Queens neighborhood in addition to free-standing OPPORTUNITIES: ing opportunities through books and a variety of other centers for adult learning, family literacy and teens in Although Queens Library receives public funding, formats to meet the informational, educational, cultural the borough’s most underserved communities. we depend upon private support to sustain and en- and recreational needs and interests of its diverse and hance our services. We welcome contributions from changing population. like-minded businesses and individuals who want to help further Queens Library’s work. Service area: e borough of Queens. QUEENS LIBRARY… ›I s the borough’s leading provider of free foreign Volunteers play a critical role in enhancing our services Managing executive: omas W. Galante, president and language materials and media to the public, and the and extending our reach. If you are part of a team or on chief executive ocer. largest provider of free adult education, including your own, we will match your skills and interests with a English for speakers of other languages and free high value volunteer experience. technology training. ›I s among the largest providers of free aŽer-school services throughout the borough, providing struc- tured and stimulating aŽer-school programs in every “Queens Library returns library for thousands of children every day. ›O perates specialized teen libraries in key locations $5.11 in value for every $1 that provide hundreds of youth with age-appropriate in local revenue received.” educational and recreational programs, help with homework, college and careers, access to youth counselors and social workers and computers and recording studios. Our teen library in Far Rockaway For more information about ways you can help, con- was the winner of the New York State Regents Advi- tact: [email protected] sory Council Shubert Library Excellence Award. › rough our internationally award-winning New Americans Program, helps immigrants prepare for Queens Library is an independent, citizenship, adjust to life in the U.S. and celebrate not-for-pro t corporation not a liated their cultures. ›I s the primary provider of free internet access in with any other library system. Queens, available at every Queens Library facility. An estimated 36% of Queens residents have no Rockaway residents can borrow a Google Nexus Tablet access to broadband and 25% of our visitors come on their library cards to help bridge the digital divide.

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S16.indd 1 11/26/13 12:59 PM CN016315.indd 1 11/22/13 2:00 PM Crain’s Giving Guide Special Advertising Section

TAX BREAKS MAKE IT EASIER TO GIVE TO CHARITIES

Paul Gevertzman works with many accidental donors and you must have held them for more than a year. in his work as a partner in accounting rm Anchin, You are limited to deducting 20% of your gross income Block & Anchin LLP in Manhattan. Aer noticing annually for appreciated securities if you give them to a an untapped need in the community, they get swept private non-operating foundation and 30% if you give away in lling it. One client, for instance, glanced out them to a public charity. his window, noticed a city park was in disrepair, then found himself working with his neighbors and donat- Donate business equipment. ing money to revamp it. Not only is it better for the environment, but may help an organization that urgently needs it. “People throw “You don’t choose a charity. ‚e charity chooses you,” away a lot of things they could be giving to charity,” said Mr. Gevertzman. noted Mr. Gevertzman. However, if, say, you give your outdated computers to a school, the school has to use Once a good cause does have a claim on your atten- them, not sell them. ‚e IRS grants a partial tax deduc- tions, there’s a valuable side benet: You can receive tax tion for the fair market value of the equipment. breaks on your donations. ‚at can potentially increase the amount you can give. Americans took $160.33 Clear out your warehouse. billion in charitable tax deductions in 2011, up from School supplies can be costly, so many are on a constant $158.18 billion in 2010, according to a 2013 report by hunt for donations of things like tape, cleaning supplies e Nonprot Times, based on preliminary IRS data. or even photo copy machines. One popular source is the National Association for the Exchange of Industrial Here are some of the ways businesses and individu- Resources (NAEIR), a gis-in-kind organization based als can typically qualify for an IRS deduction. Your in Galesburg, Ill. accountant can provide more specics. ‚e organization stores unneeded inventory from cor- Write a check. porations in its warehouse and lists the items in a cata- “Cash is the easiest thing for someone to give,” said Mr. logue where the beneciaries can order what they need. Gevertzman. ‚ose who donate cash to a public charity One past donor from New York is Topps, based in can take an itemized deduction up to 50% of their Manhattan, which donated its baseball cards. “‚ey’re adjusted gross income for the year, depending on their perfect for incentives for kids, especially in elementary income. ‚e deduction can be used for gis to religious school,” said Gary C. Smith, president and CEO. ‚e organizations; to federal state and local governments NAEIR has 639 members in New York, according to for public purposes, such as maintaining a public park; Mr. Smith. Teachers can join for a $9 annual member- to nonprot schools and hospitals; to nonprot organi- ship fee, while memberships for organizations start at zations. $59, depending on their needs.

Give appreciated securities. Corporations oen nd that they’re better o£ donating “You can avoid paying the capital gains tax you would than marking down the inventory because they get have paid on the gains, if you sold them to get the a tax break for doing so, noted Mr. Smith. Regular C cash,” said CPA Gabe Wolosky, partner at Prager Metis corporations may deduct both the cost of the inven- CPAs in Manhattan. “‚e charity can sell it, and they tory, plus half the di£erence between the cost and fair pay limited or no tax on it.” It is also possible to give the market value, on their federal income tax. S corpora- securities to your own foundation, for a more limited tions, partnerships, LLCs or sole proprietorships get a deduction. smaller, straight cost deduction. Not all securities qualify. ‚ey must be publicly traded,

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S18.indd 1 11/26/13 12:59 PM Evelyn H. Lauder, Founder, in memoriam Leonard A. Lauder, Co-Chairman | Kinga Lampert, Co-Chairman Myra J. Biblowit, President & CEO Larry Norton, MD, Scientifi c Director | Clifford Hudis, MD, Chairman, Scientifi c Advisory Board

www.bcrfcure.org • 1-866-Find-A-Cure

CN016291.indd 1 11/20/13 12:35 PM Crain’s Giving Guide Special Advertising Section FEDCAP

GOALS: œe Fedcap story is about changing the lives of people In 2013, Fedcap placed over 2,500 people in jobs. We with barriers; helping them acquire the tools, skills and provided support to help our clients keep their jobs conŸdence they need to build pathways to jobs that lead and to build career ladders to sustainable economic to economic self-suŒciency. It is also about e¡ecting independence. As an established leader in rehabili- systemic change to improve the way that services are tative and workforce development strategies, Fedcap designed, funded and delivered. o¡ers a broad range of services, including evaluation and career counseling, vocational and so£-skills Fedcap was founded in 1935 by three men with disabil- training, job placement and post-employment sup- in combination with ities who returned home from WWI wanting to enter port. the workforce, and continues today as an organization expanding to new geographies, forming new partner- 3. Economic Development ships and helping more people. In 2013 Fedcap impact- Fedcap is entrepreneurial by design and necessity. ed the lives of 35,000 people. Rather than simply relying on contracts with the government, Fedcap, in the early 1960s, pioneered We structure our work within four practice areas: edu- the social enterprise model. Since then we have been cation, workforce development, economic development growing our businesses and expanding our partner- and occupational health. Each plays a critical role in an ships with the private sector. individual’s path to economic independence. Fedcap understands the needs of business because we operate successful businesses. Our Ÿve commercial businesses employ over 1,700 individuals and are Fedcap core to our work. œey generate resources, and serve as foundations for helping many of the individuals 211 West we serve become employed—sometimes for the Ÿrst New York, NY 10011 time in their lives. œey provide opportunities for people with barriers to build resumes and pathways 212-727-4245 to careers, and also improve the economic health in fedcap.org the communities that they serve. 4. Occupational Health Total employees: 1,800 Health impacts on-the-job performance, morale, and Annual revenue: $127,000,000 productivity. Fedcap’s occupational health programs Year established: 1935 respond to the direct correlation between health and productivity. œrough our high quality assessments, Mission statement: To create opportunities for people comprehensive case management and medical and with barriers to move toward economic independence as valued and contributing members of society. mental health interventions, Fedcap clears the way for people to rejoin the workforce as stable and pro- Service areas: New York, New Jersey, Massachusetts, ductive employees. Our occupational health services Rhode Island, New Hampshire, Maryland, Washington grew exponentially in 2013—serving over 32,832 D.C., Florida and Wisconsin. individuals.

Managing executives: Christine McMahon, President and Chief Executive OŒcer; Joseph Giannetto, Chief Operating OŒcer; Jeannette Davila, Senior Vice Pres- 1. Education SPECIAL EVENTS: ident, Corporate Services; Lorrie Lutz, Chief Strategy Education is the foundation on which economic ›C elebration of Work gala, December 2, 2013. OŒcer. self-reliance rests. Amid economic uncertainty and a ›S pring cocktail party, May 2014. fraying social safety net, Fedcap’s educational services ›F edcap graduation, June 12, 2014. Board of Directors: Mark O’Donoghue, Chair; Diane are a bulwark against joblessness, homelessness and Shaib, Vice Chair; Laurence Ach, Treasurer; Judy reliance on government assistance. Fedcap is spear- Bergtraum, Secretary; Peter Aschkenasy; Neeraj Bewtra; heading an innovative national e¡ort that taps the Phillip Caprio, Jr.; Paul Davis; Anoop Dhakad; David potential of and changes the future for youth and VOLUNTEER/GIVING Edwards; Richard Fursland; Diana Glass; Felix Matos Rodriguez; Lynn Morgen; Janice Oursler; Peter Pank- young adults who live in poor communities or who OPPORTUNITIES: en; Gerald Prothro; Ken Raisler; Michael Rendel; Peter are aging out of foster care. Fedcap provides meaningful volunteer opportunities Samuels; Martha Sproule; Ann œayer; Alan Towbin; for individuals and corporate groups that directly Jeanne Townend. We work closely with the business community to en- impact our mission. œese include mock job inter- sure that our training and certiŸcation programs lead views, resume-building workshops and participation Community Work Services Board of Directors: Paul to living wage jobs. At the same time, we are working in Fedcap’s signature Connect2Careers™ or Networking Davis, Chair; Robert Fawls, Vice Chair; Michael Brown, to advance institutional and government policies that By Design™ events that help youth and young adults Treasurer; Robert Hurwitz, Esq., Clerk; Michael Bonen; increase access to college. In 2013, Fedcap served develop important business skills. Joseph Capalbo; Steve DaSalvo; Amy Donovan; Nicole 7,871 individuals within our educational practice Hinds; Hannah Huke; Megan Page; James Ross; Oliver Spalding; Benson Willis. area. Please call John Hughes, Vice President, Development at 212-727-4245 to learn more about volunteer and ReServe Board of Directors: Jack Rosenthal, Chairman; 2. Workforce Development giving opportunities. Herb Sturz, Vice Chairman; Michael M. Weinstein, For many, employment is a life-changing experience. Treasurer; Alison Pavia, Secretary; Greg Farrell; Linda Fedcap’s proven approach to workforce development P. Fried; John A. Herrmann; David R. Jones; Kathleen integrates employer-based education, job develop- Kelley; Jay B. Martin; Dan Reingold; Phyllis N. Segal; ment in high growth industries, and on-the-job sup- Lois Wagh; Solomon B. Watson, IV. port in career advancement. By developing untapped human potential, we help businesses meet their critical staŒng needs.

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S20.indd 1 11/26/13 12:59 PM

“UNWRAP” A CREATIVE WAY TO CELEBRATE YOUR OFFICE HOLIDAY PARTY THIS SEASON! HOLIDAY PARTIES A NYC New Years TEAM BUILDING In the last column, I gave Book early shrimp and lobsters (and CORPORATE EVENTS you several tips for surviv- Many popular parties and that’s just the beginning ing the hustle and bustle events sell out, so make your of the lavish menu being of New York City during plans now. served). Best of all, you will PRODUCT LAUNCHES the holidays. But there is have a magnificent view of one big holiday I have yet Be prepared to pay the midnight fireworks over to cover: New Years! Some a premium New York harbor. would say that the holiday Yes, everything in Times season in New York is really Square will cost you 10 times New Year’s Eve Concert all about New Year Eve, what it normally would, so be for Peace when millions of eyes from ready for the sticker shock. Looking for something a bit across the globe watch the more serene? The Cathedral shimmering ball drop from Arrive early of St. John the Divine’s annual Times Square. It is estimated If you want to be on the orchestral concert features a that one million people are streets for the ball drop, it is all candle-lit rendition of Mozart’s in Times Square for the ball about placement. The earlier Coronation Mass. drop. Whether or not you you arrive, the better your prefer to be one of those spot. So, arrive early and bring Webster Hall HOLIDAY PARTY DATES ARE BOOKING FAST... CALL TODAY! million, there are plenty of a team so everyone can take This iconic 125-year-old For booking contact: [email protected] other ways to bring in the turns running to the restroom venue is all about the New NYC Upper West Side | NYC | 212.441.3619 New Year in New York City. without losing your spot. York party scene. And, on New Years, they also have MAKEMEANING.COM Times Square Dress warmly the “largest balloon drop in If you are planning to be in Even 60 degrees starts to feel the free world.” (North Korea Times Square for the New cold when you are outside for claims they have a larger Year celebrations, here are hours. Bundle up and bring balloon drop). With six rooms a few tips: lots of hand warmers! and four floors there are plenty of places to get lost A New Year’s midnight run in a good time. in Next Central Park is a beautiful Stay In place to spend any day – so Or, if you’re like me, the best Edition why not enjoy New Year’s way to ring in the New Year Eve there? Go for a run while is to stay cuddled up on the JANUARY watching the fireworks or couch. Like most event plan- have a picnic in the park ners, I like to lay low when while watching and fireworks. I finally have an opportunity to just enjoy the celebration, Trump SoHo rather than running around Ring in 2014 in the lap of behind the scenes like a Liz King luxury, high above NYC in the madman the entire time. 6 CEO, Chief Event Specialist, Liz King Events ultra-chic SoHi, located on Whatever your New Year’s Co-Founder, PlannerTech Event Technology the 46th floor of the Trump Eve plans, please enjoy and 2014 Showcase SoHo. Enjoy a beautiful view stay safe! It’s a great time to Executive Producer, Event Alley Show of the city while sipping celebrate fresh beginnings Reach me, [email protected] champagne and noshing on and another great year. Follow me, Twitter.com/lizkingevents a raw bar of oysters, jumbo For more information on OUT OF OFFICE

please contact Irene Bar-Am at (212) 210-0133 or [email protected]

View the digital edition at crainsnewyork.com/OOO

A Special Advertising Supplement to Crain’s New York Business

Page 1.indd 1 11/27/13 11:37 AM BUSINESS DINING & VENUES

About Meadowlands Racetrack & Entertainment

An interview with Jeffrey Gural, Managing Partner, Meadowlands Racing & Entertainment

Meadowlands Racetrack & Entertainment in East Rutherford, N.J. is a state-of-the-art complex featuring racing, entertainment, dining and more. Meadowlands Racing & Entertainment boasts a betting center open year-round, a sports bar that doubles as an event space and nightclub, indoor and outdoor restaurants, corporate and private events spaces, as well as family-friendly activities. What options does coupled with area rugs and Meadowlands Racetrack chandeliers, stadium seat- ireImage & Entertainment have for ing and a walk-up bar. The corporate events? Lounge can accommodate up o/W We designed many of our to 250 people for events. dining and entertainment spaces specifically with Trotters, our members-only

corporate events in mind. club, features gold frames, Michael N. Todar The Victory, a sports bar and antique wood finishing and club, which can be rented for fireplaces throughout. Our space is flexible, allowing private and corporate events, us to create unique corporate triples as a “Vegas-style” On the third floor, our six sky events, fun happy hours, or sports bar with access to boxes can accommodate New Year’s Eve parties. betting on live and simulcast groups as small as 10 people races. Designed by Jordan and parties for as many as Can you tell us a bit more Mozer, Victory features an a 150. Each suite offers a wide about your Simulcast la carte menu from acclaimed variety of bar and buffet functionality? chef David Waltuck, of options, and is staffed specifi- Simulcast is one of the main Chanterelle’s fame. cally for a VIP experience for attractions at Meadowlands you and your guests. Racing & Entertainment. Open year-round, Simulcast We also have our outdoor allows racing enthusiasts properties, the East Decks, can watch and wager on live West Deck and Victory Ter- harness racing and other race (opening in April 2014), Simulcast races from around which provide our guests with the world. the opportunity to enjoy live racing, throw outdoor private The Gallery looks like a parties and take in amaz- beautiful space. Can you tell ing views of the Manhattan us a bit about the events skyline. that can be hosted there? The Gallery is a multi-purpose What do you want event conference room that holds planners to know about up to 200 people. The space the property? is great for both private events While Meadowlands Racing and corporate functions as The Lounge is a one-of-a-kind & Entertainment is premier it has a roll-down projection space designed by Nancy Nah. racetrack, it is also an enter- screen and AV outlets. Food The creatively decorated area tainment complex that has can be served either buffet or features custom lounge pieces something for everyone. a la carte.

Out of Office is published by Crain’s Custom Connections Studio. For more information, please contact Trish Henry at (212) 210-0711 or [email protected].

A Special Advertising Supplement to Crain’s New York Business

Page 2.indd 1 11/27/13 11:37 AM P042-44CL_CN_20131202.qxp 11/29/2013 2:25 PM Page 42

TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM REAL ESTATE PUBLIC & LEGAL NOTICES Notice of Qualification of ASB George Notice of Qualification of Magic to do NOTICE OF QUALIFICATION of Notice of Qual. of Visium Fund MULTI-FAMILY FOR SALE Canal, LLC. Authority filed with NY Tour LLC. App. for Auth. filed with ASTRONAUTS WANTED, LLC. Management, LP, Auth. filed Sec’y of Mid Hudson Valley of New York Dept. of State on 11/6/13. Office Secy. of State of NY (SSNY) 10/15/13. Authority filed with Secy of State of NY State (SSNY) 3/26/13. Office loc.: NY Ellenville, Ulster County, NY location: NY County. Princ. bus. addr.: Office location: NY County. LLC (SSNY) on 7/24/13. Office location: County. LP org. in DE 3/22/13. SSNY Seven Building 95 Unit Garden Apt Complex on 5.5 Acres. Recently Updated and Renovated. 7501 Wisconsin Ave., Ste. 1300W, formed in Delaware (DE) on 10/8/13. NY County. LLC formed in DE on desig. as agent of LP upon whom All New Roofs. Potential Rent Roll $915K. Bethesda, MD 20814. LLC formed in SSNY designated as agent of LLC 6/27/13. SSNY designated agent process against it may be served. IDEAL 1031 OR 1033 EXHANGE. DE on 8/22/13. NY Sec. of State upon whom process against it may be upon whom process may be served SSNY shall mail copy of proc. to Att: EXCELLENT FINANCING TERMS AVAILABLE TO QUALIFIED INVESTORS. designated agent of LLC upon whom served. SSNY shall mail process to: and shall mail copy of process General Counsel, 888 Seventh Ave., Please forward Confidential Inquiries to: process against it may be served c/o United Corporate Services, Inc. against LLC to: 80 State St. Albany, 22nd Fl., NY, NY 10019. DE off. EXCLUSIVE BROKER and shall mail process to: c/o CT (UCS), 10 Bank St., Ste. 560, White NY 12207-2543. Principal business addr.: CSC, 2711 Centerville Rd., [email protected] or FAX 718 359-9362 Corporation System, 111 8th Ave., NY, Plains, NY 10606. DE address of LLC: address: 550 Madison Ave, NY, NY Wilmington, DE 19808. Cert. of LP NY 10011, regd. agent upon whom UCS, 874 Walker Road, Ste. C, Dover, 10022. DE address: 2711 Centerville on file: SSDE, Townsend Bldg., TELECOMMUNICATIONS process may be served. DE addr. of DE 19904. Arts. of Org. filed with DE Rd. Ste 400 Wilmington, DE 19808. Dover, DE 19901. Name/addr. of LLC: 1209 Orange St., Wilmington, DE Secy. of State, Townsend Bldg., Dover, Cert. of LLC filed with Secy of State each gen. ptr. avail. at SSNY. Purp.: NYC'S MOTOROLA 19801. Cert. of Form. filed with DE Sec. DE 19901. Purpose: any lawful activity. of DE: PO Box 898 Dover, DE 19903. any lawful activities. of State, 401 Federal St., Dover, DE Purpose: any lawful act. MOTOTRBO SPECIALISTS 19901. Purpose: all lawful purposes. NOTICE OF FORMATION of Five NOTICE OF FORMATION OF MOTOTRBOTM Associates, LLC. Arts. of Org. filed Notice of Formation of Eataly Net Nighthorse Productions, LLC. Arts of Professional Digital Two-way Radio NOTICE OF FORMATION OF LIMITED with Secy. of State of NY (SSNY) on USA, LLC. Arts. of Org. filed with NY Org filed with Secy of State of NY System provides significant productivity Dept. of State on 6/26/13. Office gains - reliably and affordably. LIABILITY COMPANY. NAME: 241 09/26/13. Office location: NY Co. (SSNY) on 7/2/13. Office location: NY • Clearer voice capability and enhanced FIFTH AVENUE UNIT 2A, LLC. SSNY designated as agent of the location: NY County. Sec. of State County. SSNY designated agent upon battery life Articles of Organization were filed with LLC upon whom process against it designated agent of LLC upon whom whom process may be served and • Integrated voice and data for better the Secretary of State of New York process against it may be served productivity and privacy may be served. SSNY shall mail shall mail copy of process against LLC • Text messaging (SSNY) on 10/28/13. Office location: process to: 15524 Quince Ridge and shall mail process to: c/o Julie to: 7014 13th Ave, Ste 202, Brooklyn, • Doubles channel call capacity for New York County. SSNY has been Lane, Gaithersburg, MD 20878. The Lee, 45 E. 20th St., 9th Fl., NY, NY NY 11228. Principal business address: the price of one license designated as agent of the LLC upon address of the principal business 10003, principal business address. 1 Union Square S, Apt 19K, NY, NY, *$100 TRADE-IN PER RADIO whom process against it may be location of the LLC: 200 Rector Purpose: any lawful activity. 10003. Purpose: any lawful act. Call to learn more or to served. SSNY shall mail a copy of Place, Unit 7T New York, NY 10280. Notice of Formation of THE NOLITA Notice of formation of MACARON DE schedule a professional, process to the LLC, c/o Richard J. Purpose: any lawful purpose. no-obligation survey or Margenot, 537 Steamboat Road, Suite LUXURY REALTY, LLC. Arts. of Org. PARIS, LLC filed with the Secy. of on-site demo. was filed with SSNY on 10/8/13. State of NY (SSNY) on 9/24/13. Office 100, Greenwich, Connecticut 06830. Notice of Formation of Woodside Office location: New York County. loc.: New York County. SSNY is Purpose: For any lawful purpose. Highlands LLC. Arts. of Org. filed with SSNY designated as agent of LLC designated as agent of the LLC upon NY Dept. of State on 11/4/13. Office Notice of Formation of LOWER whom process against may be whom process against it may be location: NY County. Princ. bus. addr.: MANHATTAN MIXED-USE TOWER served. SSNY shall mail process to: served. The address SSNY shall mail 10271 W. Pico Blvd., Los Angeles, CA DEVELOPMENT FUND, LLC. Arts. of c/o The LLC, 354 Broome St. copy of process to: Harris Wolin, Esq., 90064. Sec. of State designated 33 East 33rd Street Org. filed with Secy. of State of NY Ground Fl., New York, NY 10013. 100 Headquarters Plz., North Tower, agent of LLC upon whom process New York, NY 10016 (SSNY) on 10/31/13. Office location: Purpose: all lawful activities. 6th Fl., Morristown, NJ 07960. Mgmt. 212-532-7400 NY County. Princ. office of LLC: c/o against it may be served and shall mail www.metrocomradio.com shall be by one or more members. New York City Regional Center, 299 process to: CT Corporation System, Formation of Tamarack Global Purpose: Any lawful activity. Broadway, Ste. 1220, NY, NY 10007. 111 8th Ave., NY, NY 10011, regd. Advisors, LLC filed with the Secy. of SSNY designated as agent of LLC agent upon whom process may be State of NY (SSNY) on 5/1/13. NOTICE OF FORMATION OF LIMITED PUBLIC & LEGAL upon whom process against it may served. Purpose: all lawful purposes. Office loc.: New York County. LIABILITY COMPANY. NAME: CITY NOTICES be served. SSNY shall mail process SSNY designated as agent of LLC DADS, LLC. Articles of Organization to the LLC at the addr. of its princ. NOT. OF FRMN of Kuafu Hudson upon whom process against it may were filed with the Secretary of State Yards LLC. Art. of Org. f w/ Secy of NISTAR CAPITAL PARTNERS LLC office. Purpose: Any lawful activity. be served. The principal business of New York (SSNY) on 08/14/13. STA of NY (SSNY) 11/12/13. OFC Authority filed with Secy. of State of loc. and address SSNY shall mail Office location: New York County. SSNY LCTN: NY Cty. SSNY is DA upon NY (SSNY) on 7/26/13. Office location: NOTICE OF QUALIFICATION of process to is 520 W. 19th St., Apt. has been designated as agent of the whom PROC AGA it may be served. NY Co. LLC formed in Delaware (DE) NAGANO MORITA LLP. Arts of Org 4A, New York, NY 10011. Mgmt. LLC upon whom process against it may SSNY shall mail a CY: Kuafu Hudson on 7/12/13 SSNY designated as filed with Secy of State of NY (SSNY) shall be by one or more members. be served. SSNY shall mail a copy of Yards LLC, 1500 Broadway, 22nd Fl, agent of LLC upon whom process on 9/4/13. Office location: NY County. Purpose: Any lawful activity. process to the LLC, 1514 86th NY, NY 10036. The Prin. bus. add.: against it may be served. SSNY shall LLP formed in CA on 11/6/08. SSNY Street, Brooklyn, New York 11228. 1500 Broadway, 22nd Fl, NY, NY mail process to The LLC, 247 W 36th designated as an agent upon whom NOTICE OF FORMATION of 351 Purpose: For any lawful purpose. process may be served and shall 10036. PUR: any lawful act or ACTY. Canal St. LLC. Arts. of Org. filed St, 5th FL, New York, NY 10018. DE Notice of Formation of NMA – LP, address of LLC: 1209 Orange St., mail copy of process against LLP to: with Secy. of State of NY (SSNY) on NOTICE OF QUALIFICATION of Niki LLC. Arts. of Org. filed with Secy. of Wilmington, DE 19801. Arts. Of Org. 545 8th Ave, Ste 620, NY, NY 10018. 6/28/13. Office Location: NY County. Bryan Spas International, LLC. Arts of State of NY (SSNY) on 10/15/13. filed with DE Secy. of State, PO Box Principal business address: 250 E SSNY is designated as agent upon Org filed with Sec of State of NY (SSNY) Office location: NY County. SSNY 898, Dover, DE 19903. Purpose: any 1st St, Ste 1200, Los Angeles, CA whom process against the LLC may on 9/20/13. Office location: NY designated as agent of LLC upon lawful activity. 90012. Cert of LLP filed with Secy of be served. SSNY shall mail process State of CA located: 250 E 1st St, County. LLC formed in FL on 5/17/12. to: The LLC, 140 Broadway, 38th whom process against it may be NOTICE OF FORMATION OF Wisdom Ste 1200, Los Angeles, CA 90012. SSNY designated agent upon whom Floor, New York, NY 10005, its prin- served. SSNY shall mail process to: Capital Asset Management, LLC. Purpose: any lawful act. process may be served and shall cipal business location. Purpose: any The LLC, c/o Lloyd Putter, 20 W. Arts of Org filed with Secy of State of mail copy of process against LLC to lawful activity. 64th St., Apt. 12K, NY, NY 10023. NY (SSNY) on 8/7/13. Office location: Notice of Formation of SITE A- principal business address: 7700 Purpose: any lawful activities. NY County. SSNY designated agent WASHINGTON HEIGHTS TP4 LLC. Municipal Dr, Orlando FL 32819. Notice of Qual. of 261 Third Acquisition upon whom process may be served Arts. of Org. filed with Secy. of State Cert. of LLC filed with Secy of State LLC, Auth. filed Sec’y of State (SSNY) Notice of Qual. of 255 Third Acquisition and shall mail copy of process of NY (SSNY) on 10/11/13. Office of FL: PO Box 6327 Tallahassee, FL 8/27/13. Office loc.: NY County. LLC LLC, Auth. filed Sec’y of State (SSNY) against LLC to principal business location: NY County. Princ. office of 32314. Purpose: any lawful act. org. in DE 8/21/13. SSNY desig. as 8/26/13. Office loc.: NY County. LLC address: 30 West 21st St. NY, NY LLC: 666 Fifth Ave., NY, NY 10103. agent of LLC upon whom process org. in DE 8/23/13. SSNY desig. as 10010. Purpose: any lawful act. SSNY designated as agent of LLC Notice of Qualification of CENTREXION against it may be served. SSNY shall agent of LLC upon whom process upon whom process against it may be II, LLC. Authority filed with Secy. of mail copy of proc. to Stone Asset against it may be served. SSNY shall NOTICE OF FORMATION OF WEST served. SSNY shall mail process to c/o State of NY (SSNY) on 10/28/13. Mgmt., 450 Seventh Ave., Ste. 2309, mail copy of proc. to Stone Asset PALM PRODUCTIONS LLC. Arts of Phillips Nizer LLP at the princ. office Office location: NY County. LLC NY, NY 10123. DE off. addr.: 160 Mgmt., 450 Seventh Ave., Ste. 2309, Org filed with Secy of State of NY of the LLC. Purpose: Any lawful activity. formed in Delaware (DE) on 10/25/13. Greentree Dr., Ste. 101, Dover, DE NY, NY 10123. DE off. addr.: 160 (SSNY) on 9/19/13. Office location: 19904. Cert. of Form. on file: SSDE, Greentree Dr., Ste. 101, Dover, DE Formation of Prof. Service LLC Princ. office of LLC: Proskauer Rose NY County. SSNY designated agent LLP, Eleven Times Sq., NY, NY Townsend Bldg., Dover, DE 19901. 19904. Cert. of Form. on file: SSDE, upon whom process may be served (DOM-PROF.LLC) GIACCIO LLC. Arts. Purp.: any lawful activities. Townsend Bldg., Dover, DE 19901. of Org. filed with the Secy. of State of 10036-8299. SSNY designated as and shall mail copy of process agent of LLC upon whom process Purp.: any lawful activities. NY (SSNY) on 10/18/13. Office loc.: NOTICE OF FORMATION of Avenues against LLC to principal business against it may be served. SSNY shall New York Co. SSNY is designated Consulting Partners, LLC. Arts. of Org. Notice of Formation of RAHBAR address: 40 W. 67th St, #3B, NY, NY mail process to c/o Corporation as agent of DOM-PROF.LLC upon filed with Secy. of State of NY (SSNY) ANGEL LLC. Arts. of Org. filed with 10023. Purpose: any lawful act. Service Co., 80 State St., Albany, NY whom process against it may be on 10/16/2013. Office location: New Secy. of State of NY (SSNY) on 12207. DE addr. of LLC: 2711 89 LLC, a domestic LLC, served. The principal bus. loc. and York County. SSNY designated as 10/30/13. Office location: NY County. Centerville Rd., Ste. 400, Wilmington, filed with the SSNY on 4/22/13. address SSNY shall mail copy of agent of LLC of whom process against SSNY designated as agent of LLC DE 19808. Arts. of Org. filed with Office location: New York County. process to is 244 5th Ave., Suite it may be served. SSNY shall mail upon whom process against it may Secy. of the State of DE, Corp. Dept., SSNY is designated as agent upon A226, New York, NY 10001. Mgmt. process to principal business location: be served. SSNY shall mail process Loockerman & Federal St., Dover, DE whom process against the LLC may shall be by members. Purpose: The c/o Ms. Lucy Stragapede, 250 East to: 110 E. 25th St., 2nd Fl., NY, NY 19901. Purpose: Any lawful activity. be served. SSNY shall mail process practice of law. 40th Street, Unit #18B, New York, NY 10010, Attn: Perry Rahbar. Purpose: to The LLC, C/O Grossman, P.O. Box 10016 Purpose: any lawful act. any lawful activity. 500 Knickerbocker Stat., NY, NY Notice of Qualification of Kewbek Notice of Qualification of GOYARD NY, 10002. General Purpose. Investments LLC. Authority filed with LLC. Authority filed with Secy. of Notice of Qualification of SFX Notice of Qualification of Blue Cove NY Dept. of State on 9/4/13. Office State of NY (SSNY) on 10/22/13. EXPERIENCE, LLC. Authority filed Merger, LLC. Authority filed with NY NOTICE OF FORMATION OF LIMITED location: NY County. Princ. bus. addr.: Office location: NY County. LLC with Secy. of State of NY (SSNY) on Dept. of State on 11/7/13. Office LIABILITY COMPANY. NAME: URBAN c/o Transrealty, Inc., 954 Lexington formed in Delaware (DE) on 09/23/11. 11/04/13. Office location: NY County. location: NY County. LLC formed in WILDLIFE LLC. Certificate of Ave., #311, NY, NY 10021. LLC Princ. office of LLC: Agents and LLC formed in Delaware (DE) on DE on 11/4/13. NY Sec. of State Conversion was filed with the formed in DE on 7/15/13. NY Sec. of Corporations, Inc., 1201 Orange St., 08/26/13. SSNY designated as agent designated agent of LLC upon whom Secretary of State of New York State designated agent of LLC upon Ste. 600, Wilmington, DE 19801. of LLC upon whom process against process against it may be served (SSNY) on 11/04/13. The latest date whom process against it may be SSNY designated as agent of LLC it may be served. SSNY shall mail and shall mail process to: c/o Chevy of dissolution is 12/31/2112. Office served and shall mail process to: upon whom process against it may be process to c/o Corporation Service Chase Trust, 7501 Wisconsin Ave., location: New York County. SSNY Katten Muchin Rosenman LLP, 575 served. SSNY shall mail process to Co., 80 State St., Albany, NY 12207. Ste. 1500W, Bethesda, MD 20814, has been designated as agent of the Madison Ave., NY, NY 10022, Attn: c/o Gibney, Anthony & Flaherty, LLP, DE addr. of LLC: c/o United principal business address. DE LLC upon whom process against it Andrew L. Jagoda, Esq. DE addr. of Attn: Kristen W. Smith, Esq., 665 Corporate Services, Inc., 874 Walker address of LLC: The Corporation may be served. SSNY shall mail a LLC: 2711 Centerville Rd., Ste. 400, Fifth Ave., NY, NY 10022. Arts. of Rd., Ste. C, Dover, DE 19904. Arts. Trust Co., 1209 Orange St., copy of process to the LLC, c/o RM Wilmington, DE 19808. Cert. of Org. filed with Secy. of State, Div. of of Org. filed with Secy. of State of Wilmington, DE 19801. Cert. of Building Consultants, P.O. Box 609, Form. filed with DE Sec. of State, Corps., John G. Townsend Bldg., DE, John G. Townsend Bldg., 401 Form. filed with DE Sec. of State, Bearsville, New York 12409. 401 Federal St., Dover, DE 19901. 401 Federal St. - Ste. 4, Dover, DE Federal St., Ste. 4, Dover, DE 19901. 401 Federal St., Dover, DE 19901. Purpose: For any lawful purpose. Purpose: all lawful purposes. 19901. Purpose: Any lawful activity. Purpose: Any lawful activity. Purpose: all lawful purposes.

42 | Crain’s New York Business | December 2, 2013 P042-44CL_CN_20131202.qxp 11/29/2013 2:25 PM Page 43

TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES Qualification of GSO Coastline Credit Notice of Formation of DAO OF SKIN Notice of Formation of Limited Notice of Qualification of 434 Notice of Qualification of 540 W. 21ST Partners LP. Authority filed with the ACUPUNCTURE PLLC. Arts. of Org. Liability Company (LLC). Name: L.P. BROADWAY PROPERTY INVESTORS ASSOCIATES LLC. Authority filed Sect. of State of NY (SSNY) on filed with Secy. of State of NY (SSNY) CHARLES STREET LLC. Articles of III, LLC. Authority filed with Secy. of with Secy. of State of NY (SSNY) on 10/11/13. Office Loc: NY County. LP on 10/3/13. Office location: NY County. Organization filed by the Department State of NY (SSNY) on 10/29/13. 10/30/13. Office location: NY County. formed in DE on 7/30/13. SSNY has SSNY designated as agent of PLLC of State of New York on: 10/16/2013. Office location: NY County. LLC formed LLC formed in Delaware (DE) on been designated as agent of LP upon whom process against it may Office location: County of New York. in Delaware (DE) on 10/08/13. Princ. 10/29/13. Princ. office of LLC: 60 upon whom process against it may be served. SSNY shall mail process Purpose: any and all lawful activities. office of LLC: 10 E. 53rd St., 37th Fl., , NY, NY 10023. SSNY be served and shall mail process to: to: c/o Michela Tebano, 535 W. 23rd Secretary of State of New York NY, NY 10022. SSNY designated as designated as agent of LLC upon 200 Bellevue Pkwy, Ste 210, St., Apt. SPH4P, NY, NY 10011. (SSNY) designated as agent of LLC agent of LLC upon whom process whom process against it may be Wilmington, 19809. DE address of Purpose: practice the profession of upon whom process against it may against it may be served. SSNY shall served. SSNY shall mail process to LP: 200 Bellevue Pkwy, Ste 210, acupuncture. be served. SSNY shall mail a copy of mail process to Corporation Service Corporation Service Co. (CSC), 80 Wilmington, 19809. Name/addr. of process to: c/o Irwin, Lewin, Cohn & Co. (CSC), 80 State St., Albany, NY State St., Albany, NY 12207. DE addr. genl. ptr. avail from SSNY. Cert. of Notice of Formation of CITY MEDICAL Lewin, P.C., 845 , Suite 12207-2543, regd. agent upon whom of LLC: c/o CSC, 2711 Centerville Rd., LP filed with DE Sect. of State, 401 OF BAY RIDGE, PLLC. Arts. of Org. 1400, New York, NY 10022. and at which process may be served. Ste. 400, Wilmington, DE 19808. Arts. Federal St, Ste 4, Dover, DE 19901. filed with Secy. of State of NY (SSNY) DE addr. of LLC: c/o CSC, 2711 of Org. filed with Secy. of State of DE, Purpose: any lawful activity. on 10/24/13. Office location: NY Notice of Formation of 367 Bleecker Centerville Rd., Ste. 400, Wilmington, John G. Townsend Bldg., Federal County. Princ. office of PLLC: 336 Owner LLC, Art. of Org. filed Sec’y of New Castle Cnty., DE 19808. Arts. of and Duke of York Sts., Dover, DE NOTICE OF FORMATION OF E. 86th St., NY, NY 10028. SSNY State (SSNY) 8/8/13. Office location: Org. filed with DE Secy. of State, Div. 19901. Purpose: Any lawful activity. VERBASTREAM LLC. Arts of Org designated as agent of PLLC upon NY County. SSNY designated as of Corps., John B. Townsend Bldg., filed with Secy of State of NY (SSNY) whom process against it may be agent of LLC upon whom process 401 Federal St., Ste. 4, Dover, DE Notice of Formation of DSA Townhouse on 10/2/13. Office location: NY served. SSNY shall mail process to the against it may be served. SSNY shall 19901. Purpose: Any lawful activity. Realty LLC. Arts. of Org. filed with County. SSNY designated agent PLLC at the addr. of its princ. office. mail copy of process to NRAI, 111 Secy. of State of NY (SSNY) on upon whom process may be served Purpose: The practice of medicine. Eighth Ave., NY, NY 10011, the Reg. Notice of Formation of AM Bar 10/22/13. Office location: NY County. and shall mail copy of process Agt. upon whom proc. may be served. Broadway LLC. Arts. of Org. filed SSNY designated as agent of LLC against LLC to principal business Lucy Douglas, LLC. Arts. of Org. filed Purpose: any lawful activities. with NY Dept. of State on 10/2/13. upon whom process against it may be address: 8 W 121st St., NY, NY with NY Secy. of State (SSNY) on Office location: NY County. Sec. of served. SSNY shall mail process to: 10027. Purpose: any lawful act. 10/09/13. Off. loc.: NY Co. SSNY NOTICE OF FORMATION OF SKYE-H State designated agent of LLC upon 60 Madison Avenue, Ste. 1111, NY, NY designated as agent of LLC upon LLC. Arts of Org filed with Secretary whom process against it may be 10010. Purpose: any lawful activity. SUNION INTERNATIONAL LLC, Arts whom process may be served. SSNY of State of NY (SSNY) on 2/20/13. served and shall mail process to: 36 of Org filed with SSNY on 05/24/13. Notice of Formation of 4138 Broadway shall mail process to c/o Robinson Office location: NY County. SSNY W. 44th St., 5th Fl., NY, NY 10036, Off. Loc.: New York County, SSNY Retail LLC, Art. of Org. filed Sec’y of Brog, et al., 875 3rd Ave, 9th Fl, New designated as agent upon whom principal business address. Purpose: designated as agent of LLC upon State (SSNY) 6/10/13. Office location: York, NY 10022. Purpose: General. process may be served and shall any lawful activity. whom process against it may be mail copy of process against LLC to NY County. SSNY designated as served. SSNY shall mail a copy of NOTICE OF FORMATION OF MANDRIA principal business address: 330 W agent of LLC upon whom process HIGHMARK INDEPENDENT, LLC, a process to: The LLC, 130 Spruce St., LLC. Arts of Org filed with Secy of 39TH ST, APT 6H, NEW YORK, NY against it may be served. SSNY shall foreign LLC, filed with the SSNY on #23A, Philadelphia, PA 19106. State of NY (SSNY) on 10/29/13. 10018. Purpose: any lawful act. mail copy of process to 150 E. 58th 10/1/13. Office location: New York Purpose: to engage in any lawful act. Office location: NY County. SSNY St., 39th Fl., NY, NY 10155. Purpose: designated agent upon whom NOTICE OF FORMATION OF SJ County. SSNY is designated as agent any lawful activities. NOTICE OF FORMATION OF PROTELI process may be served and shall Group 81 LLC. Arts of Org filed with upon whom process against the LLC Notice of formation of 220 HH LLC, a LLC, Arts. of Org. filed with the Sec’y mail copy of process against LLC to Secy of State of NY (SSNY) on may be served. SSNY shall mail limited liability company. Articles of of State of NY (SSNY) on 8/22/13. principal business address: 540 W 10/24/13. Office location: NY County. process to: The LLC, 6900 South 900 Organization filed with the Secretary of Office location: NY County. SSNY 122nd Street, Suite 61, New York, SSNY designated agent upon whom East, Ste. 100, Midvale, UT 84047. State of NY (SSNY) on 10/31/2013. designated as agent upon whom NY, 10027. Purpose: any lawful act. process may be served and shall General Purposes. process may be served and shall mail copy of process against LLC to Office located in New York. SSNY has mail copy of process against LLC to VALSINNI LLC, a domestic LLC, principal business address: 244 East Notice of Formation of 1286 Madison been designated for service of process. C/O United STATES CORPORATION filed with the SSNY on 8/12/13. 79 Street, New York, NY 10021. Holdings LLC, Art. of Org. filed Sec’y SSNY shall mail copy of any process AGENTS, INC., 7014 13th AVENUE, Office location: New York County. Purpose: any lawful act. of State (SSNY) 5/7/13. Office location: served against the LLC to The LLC, SUITE 202, BROOKLYN, NY 11228. SSNY is designated as agent upon NY County. SSNY designated as 265 , Ste 306, New York, Purpose: Any lawful act. whom process against the LLC may Notice of Formation of U NEED IT I agent of LLC upon whom process NY 10013. Purpose: any lawful purpose. GOT IT, LLC. Arts. of Org. filed with against it may be served. SSNY shall be served. SSNY shall mail process Notice of Formation of 21 Astor NOTICE OF FORMATION OF 1591 Secy. of State of NY (SSNY) on mail copy of process to Bluestone to: Robert A. Agresta, Esq., 141 E. Partners IV LLC. Arts. of Org. filed SECOND AVENUE LLC. Arts of Org 10/18/13. Office location: NY County. Group, 225 Broadway, 32nd Fl., NY, NY 88th St., Apt. 10A, NY, NY 10003. with Secy. of State of NY (SSNY) on filed with Secy of State of NY (SSNY) SSNY designated as agent of LLC 10007. Purpose: any lawful activities. General Purpose. 9/12/13. Office location: NY County. on 10/18/13. Office location: NY upon whom process against it may SSNY designated as agent of LLC County. SSNY designated agent TRIP TO BOUNTIFUL, LLC Articles be served. SSNY shall mail process Notice of formation of Consensus upon whom process against it may be upon whom process may be served of Org. filed NY Sec. of State (SSNY) to: The LLC, 350 Fifth Ave., Ste. 6617, LLC. Arts of Org filed with Secy of served. SSNY shall mail process to: and shall mail copy of process 10/9/13. Office in NY Co. SSNY NY, NY 10118. Purpose: any lawful State of NY (SSNY) on 8/21/13. 22 Cortlandt Street, 5th Fl., NY, NY against LLC to: 1650 Broadway Ste design. Agent of LLC upon whom activities. Office location: NY County. SSNY 10007. Purpose: any lawful activity. 910, NY, NY 10019. Principal business process may be served. SSNY shall designated agent upon whom address: 1591 Second Avenue, NY, mail copy of process to The LLC 561 Notice of Formation of Shargil process may be served and shall Notice of Formation of Baja East LLC. NY 10028. Purpose: any lawful act. 7th Ave 11th Fl New York, NY 10018. Sunrise Holdings LLC. Arts of Org mail copy of process against LLC to Arts of Org filed with NY Secy of Purpose: Any lawful activity. filed with NY Secy of State (SSNY) principal business address: 1501 State (SSNY) on 8/12/2013. SSNY is NOTICE OF FORMATION OF NAVAJO on 9/13/2013. SSNY is designated Broadway, Ste 1604, NY, NY 10036. designated as agent of LLC upon PRODUCTIONS LLC. Arts of Org Notice of Formation of DANKRON as agent of LLC upon whom process Purpose: any lawful act. whom process against it may be filed with Secy of State of NY (SSNY) CHRYSTIE LLC. Arts. of Org. filed against it may be served and shall served and shall mail process to: c/o on 6/7/13. Office location: NY County. with Secy. of State of NY (SSNY) on mail process to: Lipson, Neilson, Notice of Formation of RW ACQUI- Scott Studenberg, 37 Wall Street, 8F, SSNY designated agent upon whom 10/7/13. Office location: NY County. Cole, Seltzer & Garin, c/o Steven R. SITION, LLC. Arts. of Org. filed with New York, NY 10005. Purpose: Any process may be served and shall SSNY designated as agent of LLC Cole, Esq., 3910 Telegraph, Suite Secy. of State of NY (SSNY) on lawful activity. mail copy of process against LLC to upon whom process against it may 200, Bloomfield Hills, MI 48302. 11/04/13. Office location: NY principal business address: 225 E. be served. SSNY shall mail process Purpose: Any lawful activity. County. SSNY designated as agent TGP Capital Partners LLC. Arts. of Org. 35th St. Ste 9, NY, NY 10016. to: c/o The LLC, 451 Broome St., filed with Secy. of State of NY (SSNY) NOTICE OF FORMATION of Avanchi of LLC upon whom process against Purpose: any lawful act. Ste. 5E, NY, NY 10013. Purpose: any it may be served. SSNY shall mail on 09/11/13. Off. loc: NY Co. SSNY lawful activity. Trading LLC. Arts of Org filed with NOTICE OF FORMATION OF ERSNY process to the LLC, 555 Madison designated as agent of LLC upon Secy of State of NY (SSNY) on whom process may be served. SSNY Consulting, LLC. Arts of Org filed Notice of Formation of CosmicByte 10/07/13. Office location: NY County. Ave., 12th Fl., NY, NY 10022. with Secy of State of NY (SSNY) on LLC. Arts of Org filed with Secy of Purpose: Any lawful activity. shall mail process to c/o Robinson SSNY designated agent upon whom Brog, et al., Attn: David E. Danovitch, 10/2/13. Office location: NY County. State of NY (SSNY) on 9/6/13. Office process may be served and shall SSNY designated agent upon whom location: NY County. SSNY designated Notice of Formation of Pamela G NYC Esq., 875 3rd Ave, 9th Fl, New York, mail copy of process against LLC to NY 10022. Purpose: General. process may be served and shall agent upon whom process may be principal business address: 453 FDR LLC. Arts of Org filed with NY Secy mail copy of process against LLC to served and shall mail copy of process Drive, C1401/02, NY, NY 10002. of State (SSNY) on 8/12/2013. SSNY Notice of Formation of QUE PRODUCTS, principal business address: 127 W. against LLC to principal business Purpose: any lawful act. is designated as agent of LLC upon LLC, a domestic LLC. Arts. of Org. 79th St., Ste 4D NY, NY 10024. address: 64 East 86th St., 14B, NY, whom process against it may be filed with the SSNY on 11/19/2013. Purpose: any lawful act. NY 10028. Purpose: any lawful act. EDWARD C. KANG LLC, a domestic served and shall mail process to: Office location: QUEENS County. PLLC, Arts. of Org. filed with the SSNY Lipson, Neilson, Cole, Seltzer & SSNY has been designated as agent Notice of Qualification of 909 Notice of Qualification of 65-09 99th on 6/17/13. Office location: New York. Garin, c/o Steven R. Cole, Esq., upon whom process against the LLC Sheridan Avenue, LLC. Authority filed Street, LLC. Authority filed with NY SSNY is designated as agent upon 3910 Telegraph, Suite 200, may be served. SSNY shall mail a with NY Dept. of State on 9/19/13. Dept. of State on 9/19/13. Office whom process against the PLLC may Bloomfield Hills, MI 48302. copy of process to: The LLC, C/O Office location: NY County. Princ. bus. location: NY County. Princ. bus. addr.: be served. SSNY shall mail process Purpose: Any lawful activity. PHILLIPS, GOLD & COMPANY LLP addr.: c/o A&E Real Estate Holdings, c/o A&E Real Estate Holdings, LLC, to: Edward C. Kang, 207 E. 57th St., 1430 BROADWAY STE. 803 NY NY LLC, 1065 Ave. of the Americas, 31st 1065 Ave. of the Americas, 31st Fl., Notice of Qualification of CENTRALIS Apt. 15A, NY, NY 10022. Purpose: Law. 10018. Purpose: Any Lawful Purpose. Fl., NY, NY 10018. LLC formed in DE NY, NY 10018. LLC formed in DE on CAPITAL GP LLC. Authority filed with on 9/3/13. NY Sec. of State designated 9/3/13. NY Sec. of State designated Notice of Qualification of Ferrie Secy. of State of NY (SSNY) on Notice of Qualification of FLAKJACKET, agent of LLC upon whom process agent of LLC upon whom process Franzmann Industries, LLC. Authority 10/16/13. Office location: NY County. LLC. App. for Auth. filed with Secy. of against it may be served and shall against it may be served and shall filed with NY Dept. of State on LLC formed in Delaware (DE) on State of NY (SSNY) 10/1/13. Office mail process to: CT Corporation, 111 mail process to: CT Corporation, 111 10/9/13. Office location: NY County. 10/15/13. Princ. office of LLC: 43 E. location: NY County. LLC formed in 8th Ave., NY, NY 10011. DE addr. of 8th Ave., NY, NY 10011. DE addr. of LLC formed in CO on 1/21/05. NY 10th St., Ste. 5H, NY, NY 10003. California (CA) on 9/19/13. SSNY LLC: c/o The Corporation Trust Co., LLC: c/o The Corporation Trust Co., Sec. of State designated agent of LLC SSNY designated as agent of LLC designated as agent of LLC upon 1209 Orange St., Wilmington, DE 1209 Orange St., Wilmington, DE upon whom process against it may upon whom process against it may whom process against it may be 19801. Cert. of Form. filed with DE 19801. Cert. of Form. filed with DE be served and shall mail process to: be served. SSNY shall mail process served. SSNY shall mail process to: Sec. of State, 401 Federal St., Dover, Sec. of State, 401 Federal St., Dover, c/o CT Corporation System, 111 8th to c/o Corporation Service Co. c/o Jackoway Tyerman et al., 1925 DE 19901. Purpose: organized for DE 19901. Purpose: organized for Ave., NY, NY 10011, regd. agent (CSC), 80 State St., Albany, NY Century Park East, 22nd Fl., Los any lawful act or activity permitted by any lawful act or activity permitted by upon whom process may be served. 12207-2543. DE addr. of LLC: c/o Angeles, CA 90067. CA address of limited liability companies organized limited liability companies organized CO and principal business addr.: CSC, 2711 Centerville Rd., Ste. 400, LLC: 2633 Lincoln Blvd., Ste. 612, under the laws of the State of under the laws of the State of 1505 W. 3rd Ave., Denver, CO 80223. Wilmington, DE 19808. Arts. of Org. Santa Monica, CA 90405. Arts. of Delaware that are related or incidental Delaware that are related or incidental Cert. of Org. filed with CO Sec. of filed with DE Secy. of State, 401 Org. filed with CA Secy. of State, to and necessary, convenient or to and necessary, convenient or State, 1700 Broadway, Denver, CO Federal St., Dover, DE 19901. 1500 11th St., Sacramento, CA advisable to owning real property. advisable to owning real property. 80290. Purpose: all lawful purposes. Purpose: Any lawful activity. 95814. Purpose: any lawful activity.

December 2, 2013 | Crain’s New York Business | 43 20131202-NEWS--0044-NAT-CCI-CN_-- 11/27/2013 4:36 PM Page 1

overly indebted companies, private- management fees or from selling can expect to be examined by the Private-equity fees equity firms often seem reluctant to companies through initial public of- SEC only once every 12 years be- disclose them. Energy Future’s $300 ferings, they can represent a nice cause the agency is short-staffed. million transaction fee wasn’t re- chunk of cash. “Effectively, what the private- Continued from Page 4 Brown, a professor of finance at the vealed until five months after it was KKR recorded nearly $100 mil- equity industry has been doing is nature of these violations is likely to University of North Carolina’s paid,when the utility released its an- lion in gross transaction-fee revenue operating a multibillion-dollar be deeply troubling to the new, more Kenan-Flagler Business School. nual report. Mr. Thomas said his last year, or more than a sixth of all business—one which most Ameri- aggressive SEC under Chairman client has reported that many fee revenue generated in its private- cans’ college and retirement savings Mary Jo White’s leadership.” Hard to regulate private-equity firms decline to dis- equity division. The firm has depend upon—without a business Because the whistle-blower’s Transaction fees, the subject of close the existence of such fees be- recorded $360 million in such fees license,” Mr. Thomas said. complaint hasn’t been made public the whistle-blower’s complaint, fore deals close,a practice that allows in the past three years. Blackstone The private-equity industry by the SEC, Crain’s agreed to not would be difficult for the govern- them to extract cash from their tar- Group generated $100 million in strenuously disagrees with that view. disclose his name. His complaint al- ment to regulate, Mr. Brown said. gets without investor approval. net transaction-fee revenue last “The services provided by ready seems to have sparked debate He noted that the fees are set by so- Some of the larger transaction year, or about an eighth of its private-equity fund sponsors to within the agency,where officials re- phisticated parties on both sides of fees over the years include a $260 private-equity revenue,and the firm their affiliated funds and portfolio cently have begun speaking publicly the negotiating table. million payment to KKR for its $28 has collected $305 million in such companies are investment-advisory on the wisdom of subjecting private- Besides, if transaction fees were billion buyout of First Data back in fees during the past three years. services. Layering broker-dealer equity firms to stricter regulation.An ended, private-equity firms would 2007,according to a regulator filing. The whistle-blower’s argument regulations on private equity will be SEC spokesman wouldn’t comment. likely find other ways to collect sim- The same year, KKR and Goldman that transaction fees are illegal rests of no meaningful benefit to in- Private-equity firms manage ilar sums. “It’s sort of like squeezing shared a $75 million transaction fee on some finer points of Wall Street vestors and would levy significant some $3.3 trillion for pension funds, a balloon,” Mr. Brown said. when they bought Dollar General. regulation. He contends that firms costs on private-equity firms,” said endowments and other institutions. For the whistle-blower,the stakes A year later, Bain Capital Partners that collect transaction fees must be Steve Judge, CEO of the Private They are facing scrutiny from Con- are high. If his complaint results in and Thomas H. Lee Partners split registered with the government as Equity Council. gress over why their earnings are SEC penalties against private- an $87.5 million fee when they “broker-dealers,” much like Gold- Still,SEC officials seem to be lis- taxed at lower rates than ordinary in- equity firms, he’d stand to collect up closed the $18 billion buyout of man Sachs’ or JPMorgan Chase’s tening to the whistle-blower. come. In addition, shareholders in to 30% of the proceeds. But it could Clear Channel Communications. securities divisions. Broker-dealers “Given the significant conse- companies sold to private-equity be a tough argument to win. have their sales practices and con- quences of acting as an unregistered firms recently were allowed to pro- The actual victims of high trans- Significant cash flict-of-interest disclosures exam- broker-dealer and the increased at- ceed with a suit alleging some firms action fees are hard to identify.Ener- More recent LBOs have featured ined by the SEC or the Financial In- tention being given to this issue by colluded to depress acquisition gy Future Holdings isn’t gasping for transaction fees, too. Clayton Du- dustry Regulatory Authority every the SEC staff, private-fund advisers prices. And amid middling returns breath because it paid KKR, TPG bilier & Rice took a $40 million pay- year or two. should consider reviewing their in recent years, the industry has and Goldman $300 million in trans- ment when it closed its $3.2 billion Private-equity firms, however, practices to determine whether any struggled to justify the fees it charges action fees at the closing of its LBO acquisition of Emergency Medical usually are regulated as “investment activities that may be approaching fund investors—typically equal to years ago.Rather,its problems are re- Services in 2011. Bain Capital took advisers.” The rules governing how or crossing the line would require 2% of assets under management and lated to the rise of fracking,which de- $17 million for its $1.8 billion acqui- brokers and advisers must treat cus- broker-dealer registration,” David 20% of investment gains, plus vari- pressed the natural-gas prices that sition of retailer Gymboree in 2010. tomers aren’t the same, but perhaps Blass,the chief counsel of the SEC’s ous transaction and other fees. private-equity buyers had expected None of the private-equity firms the most important difference is division of trading and markets, “There is an increasing awareness would climb and help the company would comment. that oversight of advisers is much suggested in a speech last April. Ⅲ about fees charged by private-equity boost revenue and service its debt. Although transaction fees are less rigorous. A now-former SEC firms. It is definitely something peo- Even if transaction fees are a mi- dwarfed by the sums private-equity commissioner said in a speech earli- LISTEN to a discussion at ple are talking about,” said Gregory nor factor in the financial troubles of firms make from money- er this year that investment advisers CrainsNewYork.com/podcasts

TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES NOTICE OF QUALIFICATION of Notice of Certificate of Registration Notice of Qualification of 430 Notice of formation of Jackpot Notice of Formation of 1562 THIRD Resort Travel & Xchange, LLC. Under Section 121-1500 of the ACQUISITION LLC. Authority filed Productions, LLC Arts. of Org. filed AVENUE SOUPS LLC. Arts. of Org. Authority filed with Secy of State of NY Partnership Law for Horowitz with Secy. of State of NY (SSNY) on with the Sect’y of State of NY (SSNY) filed with Secy. of State of NY (SSNY) on 11/4/13. Office location: NY Sigmond LLP filed with NY Secretary 11/18/13. Office location: NY County. on 11/5/2013. Office location, County (SSNY) on 11/20/13. Office location: County. LLC formed in NV on 9/28/11. of State (SSNY) on 09/30/2013. LLC formed in Delaware (DE) on of New York. SSNY has been desig- NY County. Princ. office of LLC: c/o SSNY designated agent upon whom Office location: New York County, 45 10/22/13. Princ. office of LLC: 430 nated as agent of the LLC upon whom Hale and Hearty Soups LLC, 75 process may be served and shall Broadway, 4th Flr., NY, NY 10006. Park Ave., 6th Fl., NY, NY 10022. SSNY process against it may be served. Ninth Ave., NY, NY 10011. SSNY mail copy of process against LLC to: SSNY designated as agent of LLP designated as agent of LLC upon SSNY shall mail process to: The designated as agent of LLC upon 111 Eighth Ave, NY, NY 10011. upon whom process against it may whom process against it may be LLC, 497 , #3C, NY whom process against it may be Principal business address: 521 be served. SSNY shall mail process served. SSNY shall mail process to NY 10013. Purpose: any lawful act. served. SSNY shall mail process to College St Asheville, NC 28801. Cert. to: Carol A. Sigmond, 45 Broadway, c/o Corporation Service Co. (CSC), the LLC at the addr. of its princ. of LLC filed with Secy of State of NV: 4th Flr., NY, NY 10006. Purpose: any 80 State St., Albany, NY 12207-2543. Notice of Formation of GATEWAY I office. Purpose: Any lawful activity. 202 N Carson St, Carson City, NV lawful activity. DE addr. of LLC: c/o CSC, 2711 TP4 LLC. Arts. of Org. filed with 89701-4069. Purpose: any lawful act. Centerville Rd., Wilmington, DE Secy. of State of NY (SSNY) on Notice of Formation of DH VWW NYC NOTICE OF FORMATION OF BG 19808. Arts. of Org. filed with DE 10/11/13. Office location: NY County. LLC. Arts. of Org. filed with Secy. of Notice of Formation of 92 RED CREEK Bakes LLC. Arts of Org filed with Secy. of State, John G. Townsend Princ. office of LLC: 666 Fifth Ave., State of NY (SSNY) on 11/15/13. LLC. Arts. of Org. filed with Secy. of Secy of State of NY (SSNY) on Bldg., 401 Federal St., Dover, DE NY, NY 10103. SSNY designated as Office location: NY County. Princ. State of NY (SSNY) on 11/07/13. 9/18/13. Office location: NY County. 19901. Purpose: Any lawful activity. agent of LLC upon whom process office of LLC: 132 E. 43rd St., #207, Office location: NY County. Princ. SSNY designated agent upon whom against it may be served. SSNY shall NY, NY 10017. SSNY designated as office of LLC: 70 W. 36th St., Fl. 13, process may be served and shall Notice of Formation of ALP LEARNING mail process to c/o Phillips Nizer LLP agent of LLC upon whom process NY, NY 10018. SSNY designated as mail copy of process against LLC to STRATEGIES LLC. Arts. of Org. filed at the princ. office of the LLC. against it may be served. SSNY shall agent of LLC upon whom process principal business address: 318 West with Secy. of State of NY (SSNY) on Purpose: Any lawful activity. mail process to Corporation Service against it may be served. SSNY 14th Street, Apt. 1C, NY, NY 10014. 11/15/13. Office location: NY County. Co., 80 State St., Albany, NY 12207- Purpose: any lawful act. Notice of Formation of 855 DEVELOPER shall mail process to the LLC at the Princ. office of LLC: c/o Amy LLC. Arts. of Org. filed with Secy. of 2543. Purpose: Any lawful activity. addr. of its princ. office. Purpose: Notice is hereby given that a license, Lakusiewicz, 560 W. 43rd St., Apt. State of NY (SSNY) on 10/23/13. Office Any lawful activity. serial number 1272803 for 35A, NY, NY 10036. SSNY designated location: NY County. Princ. office of Notice of Formation of 151 DUPONT Restaurant Wine has been applied as agent of LLC upon whom process LLC: c/o The Durst Organization Inc., STREET, LLC. Arts. of Org. filed with NOT. OF FRMN of Kuafu Properties for by the undersigned to sell Beer against it may be served. SSNY One Bryant Park, NY, NY 10036. Secy. of State of NY (SSNY) on LLC. Art. of Org. f w/ Secy of STA of and Wine at retail in a restaurant shall mail process to the LLC at the SSNY designated as agent of LLC 11/19/13. Office location: NY County. NY (SSNY) 11/12/13. OFC LCTN: NY under the Alcoholic Beverage addr. of its princ. office. Purpose: upon whom process against it may SSNY designated as agent of LLC Cty. SSNY is DA upon whom PROC Control Law at 11 Park Place, New Any lawful activity. be served. SSNY shall mail process upon whom process against it may AGA it may be served. SSNY shall York, New York 10007 for on premises to the LLC at the addr. of its princ. be served. SSNY shall mail process mail a CY: Kuafu Properties LLC, consumption. Park Mex Corp. d/b/a Notice of Qualification of Elan office. Purpose: Any lawful activity. to: c/o Richard Kestenbaum, Esq., 1500 Broadway 22nd Fl, NY, NY Sabor De Mexico. Pharmaceuticals, LLC. Authority Kestenbaum, Dannenberg & Klein, LLP, 10036. The Prin. bus. add. :1500 filed with Secy. of State of NY (SSNY) NOTICE OF FORMATION OF LIMITED 104 W. 40th St., 20th Fl., New York, NY Broadway 22nd Fl, NY, NY 10036. SAGE ROCK CAPITAL LLC Authority on 10/30/13. Office location: NY LIABILITY COMPANY. NAME: 10018. Purpose: any lawful activity. PUR: any lawful act or ACTY. filed with Secy. of State of NY (SSNY) County. LLC formed in Delaware (DE) CHATHAM FIRST DEVELOPMENT on 9/11/13. Office location: NY Co. on 10/15/1986. SSNY designated as LLC. Articles of Organization were Notice of Formation of OCEANWAVE NOT. OF FRMN of Greater New York LLC formed in Delaware (DE) on agent of LLC upon whom process filed with the Secretary of State of MANAGEMENT, LLC. Arts. of Org. Business Regional Center LLC. Art. of 6/5/13. SSNY designated as agent of against it may be served. SSNY shall New York (SSNY) on 08/23/13. Office filed with Secy. of State of NY Org. f w/ Secy of STA of NY (SSNY) LLC upon whom process against it mail process to: The LLC, Attn: Diana location: New York County. SSNY (SSNY) on 11/22/13. Office location: 11/12/13. OFC LCTN: NY Cty. SSNY may be served. SSNY shall mail L. King, Asst. Secy., 300 Technology has been designated as agent of the NY County. SSNY designated as is DA upon whom PROC AGA it may process to The LLC, 60 E 42nd St, Square, 3rd Fl., Cambridge, MA LLC upon whom process against it agent of LLC upon whom process be served. SSNY shall mail a CY: C/O Ste 2007, New York, NY 10165. DE 02139. Address to be maintained in may be served. SSNY shall mail a against it may be served. SSNY shall Greater New York Business Regional address of LLC: 1209 Orange St, DE: 160 Greentree Dr., Ste. 101, copy of process to the LLC, c/o mail process to Corporation Service Center LLC - 1500 Broadway 22nd Wilmington, DE 19801. Arts. Of Org. Dover, DE 19904. Arts of Org. filed Bruce Feffer, c/o Dai & Associates, Co., 80 State St., Albany, NY 12207, Fl, NY, NY 10036. The Prin. bus. add. : filed with DE Secy. of State, PO Box with the DE Secretary of State, 401 P.C., 1500 Broadway, 22nd Floor, regd. agent upon whom and at 1500 Broadway 22nd Fl, NY, NY 898, Dover, DE 19903. Purpose: any Federal St., #3, Dover, DE 19901. New York, New York 10036. which process may be served. 10036. PUR: any lawful act or ACTY. lawful activity. Purpose: any lawful activities. Purpose: For any lawful purpose. Purpose: Any lawful activity.

44 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0045-NAT-CCI-CN_-- 11/27/2013 4:22 PM Page 1

A big bet on ADHD treatment

Continued from Page 1 bird to move along a winding road one expected to begin in the U.S.next system is undergoing a clinical study and perform certain tasks that require year—meaning it could help to gain in Singapore, with another planned tapping keys. But the bird speeds clearance from the Food and Drug for the U.S. next year that could lead along, or slows down and stops, de- Administration for a different appli- to an advanced version being used by pending solely on the degree to which cation of similar technology. FOCUS: Atentiv clinicians to treat attention- the user stays focused. While brain games may be good CEO Eric Gordon is deficit/hyperactivity disorder with- exercises, some experts warn that launching a It’s not an easy task,as this reporter game for out drugs. found when he tried on the head- their benefits have not been conclu- children with That’s the dream of Atentiv band. Willing oneself to “pay atten- sively shown to extend beyond the attention founder and Chief Executive Eric tion” can bring the bird figure to a games themselves. problems. Gordon, a serial entrepreneur in the stop.The user must ignore all distrac- “[Atentiv] sounds interesting,” biotech industry whose grown tions—including the mind saying, said David Hambrick, a professor of daughter has suffered all her life with “Focus! Focus!” psychology at Michigan State Uni-

problems related to ADHD. versity, who has worked on studies neff david “We have one parent saying, ‘For Questions remain that debunked claims of companies the first time, my daughter in ballet “The breakthrough here is that no like Cogmed and Lumosity that their al Institutes of Health. ed with neuroscientists and psychi- can hold a pose for 10 seconds,’ ” he one’s ever been able to isolate, target games improved memory or atten- So far, EEG-based remedies have atrists before investing in Atentiv. said in an interview at the Churchill and measure the exact cognitive sig- tion. (Cogmed and Lumosity main- been “somewhat promising” but not “It has the potential to be a high- School, referring to a clinical study nature for a unique neural circuit,” tain their exercises work.) convincing overall, said Dr. Jonathan margin business and do a lot of being conducted at the Hallowell Mr. Gordon said. “Based upon the But beyond being interesting, Posner, assistant professor of clinical good.” Center’s Sudbury, Mass., location. calibration, you’re exercising that ex- Atentiv will have to prove through psychiatry at Columbia University. Particularly attractive to Mr. “Being the parent of that child—be- act ‘muscle.’ ” “rigorous study”that it’s effective,Mr. “The medications we have for Pomerantz is the potential of Aten- cause I was one—that takes the knees The ultimate question will be Hambrick added. ADHD are among the most effective tiv’s technology to target different out from under you,because you have whether children who exercise that It also has to prove that it’s differ- medications in all of psychiatry,” he mental functions and age groups, no idea how difficult [ADHD] is to muscle in the game will exercise it in ent, said one competitor. “There’s added.If Atentiv can take their place, including adults and the elderly. live with day in, day out.” life—that is, will they tune out dis- nothing new here,” said Peter Freer, “that would be quite a substantial Games for improving attention The brain-workout market is a tractions and finish their homework, founder of Asheville, N.C.-based breakthrough.” for high-school students and pre- sprawling one,with a number of prac- sit through dinner and pay attention Unique Logic and Technology, schoolers will be out late next year or titioners and companies offering in class? which produces an EEG-based game ‘Huge market’ in early 2015, following the compa- games that also claim to improve at- Studies initially done in Singa- called Play Attention. Investors in Atentiv say it will ny’s product debut next summer—all tention. The governing concept be- pore—where the system was devel- “Others may claim to do this,” re- also be a good business. of them produced by San Francisco- hind all of them is neuroplasticity,the oped by government science agency sponded Mr.Gordon,but their prod- The government of Singapore based developer Mighty Play. The term for the brain’s ability to heal it- the Institute for Infocomm Research ucts “are using technology that is 20 and angel investors in New York and first game will be priced at $260. self and learn new skills. and Dr. Ranga Krishnan, dean of years old, or older.” Boston have so far put $20 million Atentiv’s supporters say that The distinction of the Atentiv sys- Duke’s medical school in Singa- Atentiv will face an especially high into the company.Mr.Gordon,who even if the system proves as effective tem, according to Mr. Gordon, is the pore—showed a 40% reduction of bar if it’s to be used by medical has also invested his own money, is as they believe it will,there will con- precision with which its technology symptoms such as inattention and professionals in lieu of drugs such as now looking to raise between $10 tinue to be a range of treatments for calibrates each individual’s mental impulsivity in children with moder- Ritalin and Adderall, whose use is million and $15 million to finance attention disorders. circuitry and then zeroes in on elec- ate to mild ADHD after eight weeks widespread and growing. Spending the commercial launch. He also “Physical exercise helps, medita- trical activity related to attention, as of using the game. on ADHD medication in the U.S. hopes to persuade school systems, tion helps, medication, getting opposed to memory, for instance, or Cumulatively, in all studies to rose from $4 billion in 2007 to $9 bil- including New York City’s, to em- enough sleep, nutrition,” said Dr. critical thinking.A numerical indica- date, “75% to 85% of children have lion in 2012, according to research ploy the Atentiv system. Edward Hallowell, director of the tor on the screen gives a real-time shown significant improvement,” or firm IMS Health,with the lion’s share “The market is huge, and I con- Hallowell Center, who is also an in- reading of the child’s attention level, roughly the same percentage who are of that medication being given to cluded there is nothing quite like vestor in Atentiv. “But now this the numbers fluctuating from zero to helped by drugs, Mr. Gordon said. children and teenagers. About one in this,” said Ernest Pomerantz, chair- Atentiv system is another tool in the 100. The clinical study in Singapore is 10 children have been diagnosed with man of StoneWater Capital in toolbox, and it may be the most The goal of the game is to get a “registration quality”—as will be the the disorder,according to the Nation- Manhattan, adding that he consult- powerful one of all.” Ⅲ

of a community-benefits agreement fering to build in their neighborhood, Mr. Cabrera’s office denies such a between local groups and developer rather than go forward with the city, request was made and says he is as- Kingsbridge ices it KNIC Partners, 50,000 square feet force the issue,and then ask the com- sessing the project on its merits. Lo- will be devoted to neighborhood use. munity what they wanted.” cal council members often use their Continued from Page 1 insiders expressed befuddlement that “I know this is said all the time,but home-ice advantage as leverage when its failure to guarantee compensation a borough in economic straits would I truly believe that this is simply an Councilman’s machinations major projects come knocking. Mr. of $11.50 an hour to the 1,200 per- turn up its nose at $310 million in pri- unprecedented and historic agree- Both the Rev. English and Mr. Cabrera—his current stance in- manent workers it would employ, vate investment. Today, the Bronx’s ment,” said the Rev. Que English of Parker believe the groundswell of scrutable—has remained in negotia- Bronx elected officials are poised to 12.2% unemployment rate is the Bronx Christian Fellowship, who local support for the rink complex tions with developers. secure approval for its successor, a highest of any county in the state. played a key role in the should make council ap- As a member of the Bronx Bor- proposed indoor ice-rink complex (Brooklyn’s 9.6% is second highest.) community-benefit nego- proval a formality. But ough Board, Mr. Cabrera was part of that would be the world’s biggest. But in Bill de Blasio, the city is about tiations, which are now a 270 some last-minute political a unanimous vote by that body on Living-wage job count: 270. to get a mayor who aims to require standard element of any LIVING-WAGE machinations by Coun- Nov.20 to approve KNIC and send it JOBS promised Despite the lower number, City higher wages at any development City Council-approved de- by the ice center. cilman Fernando Cabrera to the council. But a spokeswoman Council sign-off on Dec.16 of the fi- benefiting from a city zoning change. velopment. “It will bring A mall with 1,200 have brought a fitting un- from his office said the borough nal major land-use application during “This facility will really set forth unprecedented investment retail jobs was certainty to the armory’s board vote did not signal his official the Bloomberg administration would an economic engine in the Bronx,” into the borough with the rejected long and twisting tale. approval of the ice center. send the mayor out on a high note. said Mr. Messier, a former New York worst economic reputation, Mr. Cabrera, who as “He continues to evaluate the Although the ice-rink complex will Rangers star. “It can be the first step and pave the way for responsible de- the local council member has project,” she said. require far fewer employees than the in revitalizing a neighborhood that velopment in the future.” tremendous sway over the ice com- Mr. Cabrera’s decision-making is Related Cos.’ mall plan, it will offer really needs it.” The Rev.English gave KNIC par- plex’s fate in the legislative body, has coming under fire from community better wages—satisfying local politi- ticular credit for seeking out commu- taken positions both for and against leaders and city officials. cians and activists—and promises to Neighborhood use nity input and approval before it be- the project.He was widely thought to “Anyone that would vote ‘no’ on make the northwest Bronx a destina- If the rink complex meets his pre- gan the formal review with assistance be a major backer of a competing plan this project is indicating that they tion for a sizable community of hock- dictions, it could be held up from the city’s Economic Develop- by Youngwoo & Associates to bring don’t care about this city,” said the ey players and figure skaters who oth- as justification for economic- ment Corp.—a decision that the de- a market, a fitness center and high- Rev.English.“I’m very confident that erwise would never visit. development policy focused on the veloper asserts was just common tech movie theaters to the armory. those we’ve elected will do right by “If this is the last one, it’s a very quality, not the quantity, of created sense. According to numerous reports, the community they have the honor worthy final approval for Mayor jobs. “I suspect we might see more of “Unless the community really Mr. Cabrera met with KNIC in to represent.” Bloomberg,” said NHL Hall of this movement,” said Bruce Berg, a wanted us there, we weren’t going to March as it was finalizing the Mr. Messier, himself no stranger Famer Mark Messier, the CEO of political-science professor at Ford- request help from EDC,” said KNIC community-benefits agreement and to gamesmanship, is already looking what would be the Kingsbridge Na- ham University. founder Kevin Parker,a former asset- requested that $100,000 a year be to the future. tional Ice Center. “This will be a big The $275 million Kingsbridge management chief for Deutsche donated for the next 99 years to a “We’ll be there for 100 years deal- step in a borough that’s been bypassed National Ice Center,or KNIC,would Bank AG.“As opposed to the normal group called Community Action ing with kids, improving their lives,” for a long time.” convert 750,000 square feet of aban- process, we wanted to deal with the Unlimited, a charity that he Mr. Messier said. “Kids, community At the time of the mall proposal’s doned space into a state-of-the-art community beforehand and see if presided over before his election in and jobs for locals are what this demise, administration and industry complex featuring nine rinks.As part they really wanted what we were of- 2009. project stands for.” Ⅲ

December 2, 2013 | Crain’s New York Business | 45 20131202-NEWS--0046-NAT-CCI-CN_-- 11/26/2013 5:08 PM Page 1

FOR THE RECORD

piping replacements at the Bay represented by Owen Hanes and Marc transaction worth $4,132,500. During wastewater treatment plant. To order bid Nevins of Cushman & Wakefield.The the same period, he sold 250,000 shares ABOUT THIS SECTION documents or to make inquiries, contact landlord, Savanna, was represented by of common stock at prices ranging from FOR THE RECORD is a weekly listing of information from the public record that Jeanne Schreiber at (718) 595-3456 or Adam Leshowitz, Hal Stein and Todd $83.21 to $84.77, in a transaction worth can help businesspeople in the New York area find opportunities, potential [email protected]. Stracci of Newmark Grubb Knight $20,994,370. He now directly holds Frank. The asking rent was not 932,400 shares. new clients and updates on competitors. ● Department of Transportation disclosed. To ask questions or get more information on this section, contact Crain’s Seeks competitive sealed bids by 11 a.m. ● Pfizer Inc. (PFE) research department at [email protected]. on Dec. 13 for the installation, removal RETAIL Ian C. Read, chairman and chief or relocation of equipment furnished by ● Artopolis signed a 10-year lease for executive, exercised options on 338,000 the city, and for the performance of 2,100 square feet at 512 Broome St. The shares of common stock at $26.20 on other electrical work in connection with Greek bakery, currently in Astoria, Oct. 28, in a transaction worth NEW IN TOWN Bankruptcy Court records available on illumination and distribution systems, Queens, will make its first foray into $8,855,600. On the same day, he sold Public Access to Court Electronic Records. including highways, parks, playgrounds Manhattan with the SoHo shop. The 338,000 shares of common stock at Companies that would like to have details Listings are in alphabetical order. and parking. Printed bid documents are tenant was represented by Yancy Foster prices ranging from $30.50 to $30.63, of openings published should submit available for a deposit of $50, payable of Pan Brothers Associates. The in a transaction worth $10,331,315. descriptions following this format to ● Atlantic Express of Pennsylvania Inc. only by certified check or money order landlord, Hidrock Realty, was He now directly holds 1,144,980 [email protected], with 7 North St., Staten Island made out to New York City Department represented in-house by Steven Hidary. shares. “New in Town” in the subject line. Filed for Chapter 11 bankruptcy of Transportation. Documents can be The asking rent was approximately $200 protection on Nov. 4. The filing cites picked up at the department, office of per square foot. ● Dice Holdings Inc. (DHX) ● The Brew Inn estimated liabilities of $1,000,001 to the agency chief contracting officer, General Atlantic sold 2,450,000 shares 924 Manhattan Ave., Brooklyn $10 million and estimated assets of Contract Management Unit, 55 Water of common stock at prices ranging from The gastropub opened in Greenpoint. $1,000,001 to $10 million. The creditors St. To order bid documents, contact the STOCK TRANSACTIONS $7.45 to $7.50 between Nov. 11 and The beer selection features strictly New with the largest unsecured claims are bid window at (212) 839-9431. To make Nov. 13, in a transaction worth York City and state craft brews. Axel Protection Systems Inc., owed inquiries, contact Frank Caiazzo at Following are recent insider transactions at $18,313,332. It now indirectly holds $273,134.07; Latham & Watkins, owed (718) 786-4061. New York’s largest publicly held companies 6,103,830 shares. ● Cucina Ciano $255,195.90; and Superior Distributors, filed with the Securities and Exchange 181 E. 78th St., Manhattan owed $237,058.07. GOODS AND SERVICES Commission by executives and major ● American Express Co. (AXP) The restaurant opened on the Upper ● Department of Citywide Administrative shareholders. Listings are in order of William H. Glenn, president of global East Side. It serves farm-to-table Italian ● Cella Fine Foods Inc. Services transaction value.The information was corporate payments and business travel, food. 346 W. 46th St., Manhattan Seeks competitive sealed bids by 10:30 obtained from Thomson Reuters. exercised options on 100,000 shares of Filed for Chapter 7 bankruptcy a.m. on Dec. 18 for provision of common stock at $57.77 on Nov. 1, in a ● Houdini protection on Nov. 4. The filing cites Milliken plug valves. A copy of the bid ● Ralph Lauren Corp. (RL) transaction worth $5,777,000. On the 1563 Decatur St., Queens estimated liabilities of $0 to $50,000 and can be downloaded from the City Ralph Lauren, chairman and chief same day, he sold 119,845 shares of The restaurant opened in Ridgewood. estimated assets of $100,001 to Record Online site at http://a856- executive, exercised options on 150,000 common stock at $81.89, in a The limited menu consists of $500,000. The creditors with the largest internet.nyc.gov/nycvendoronline/home shares of common stock at $33.12 transaction worth $9,813,712. He now Neapolitan-style pizza, salads and unsecured claims are Citibank, owed .asp or can be obtained via vendor between Nov. 11 and Nov. 12, in a directly holds 68,102 shares. desserts. $40,000; DEP/BCS, owed $4,390.05; relations at [email protected] transaction worth $4,968,000. During and Consolidated Edison, owed or (212) 669-8610. To make inquiries, the same period, he sold 150,000 shares ● Bed Bath & Beyond Inc. (BBBY) ● Otto’s Tacos $2,463.26. contact Kareem Alibocas (212) 386- of common stock at prices ranging from Steven H. Temares, chief executive and 141 Second Ave., Manhattan 0466 or [email protected]. $171.75 to $173.21, in a transaction director, exercised options on 75,000 The taqueria opened in the East Village. ● Prestige Realty Corp. worth $25,825,338. He now directly shares of common stock at $38.52 It serves tacos and sides made from 1299 Jerome Ave., Bronx ● Department of Environmental Protection holds 495,988 shares. between Oct. 29 and Nov. 1, in a scratch daily. Filed for Chapter 11 bankruptcy Requests proposals by 4 p.m. on Dec. 30 transaction worth $2,888,625. During protection on Nov. 4. The filing cites for an environmental health and safety ● Hain Celestial Group Inc. (HAIN) the same period, he sold 75,000 shares ● Patisserie Tomoko estimated liabilities of $1,000,001 to application that includes an information Irwin D. Simon, president, chief of common stock at prices ranging from 568 Union Ave., Brooklyn $10 million and estimated assets of database and an incident management executive and founder, exercised options $77.30 to $77.85, in a transaction worth The dessert and pastry shop opened in $1,000,001 to $10 million. database. A preproposal conference will on 250,000 shares of common stock at $5,817,611. He now directly holds Williamsburg. The store has an eight- take place at 4 p.m. on Dec. 10 at the $16.53 between Nov. 8 and Nov. 13, in a 599,676 shares. Ⅲ seat bar, take-out options and a menu ● Seward Avenue Properties department, 59-17 Junction Blvd., that changes daily. 1333 Inwood Ave., Bronx third-floor cafeteria, Flushing, Queens. Filed for Chapter 11 bankruptcy To make inquiries or to obtain bid ● Pickle Shack protection on Nov. 3. The filing cites documents, contact Jeanne Schreiber at DEALS ROUNDUP 256 Fourth Ave., Brooklyn estimated liabilities of $100,001 to (718) 595-3456 or jeannes@dep The eatery opened in Gowanus. It serves $500,000 and estimated assets of .nyc.gov. mostly vegetarian fare and claims to $500,001 to $1 million. TRANSACTION SIZE have New York City’s largest tap TARGET/SELLER (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE selection of Dogfish Head beers. ● Wise Trading International Inc. REAL ESTATE DEALS ViroPharma Inc./ $3,830.6 Shire Pharmaceutical Holdings SB M&A 40 W. 37th St., Manhattan Palo Alto Investors, Ireland Ltd. ● The Skylark Filed for Chapter 7 bankruptcy Companies that would like to have details Baker Brothers 200 W. 39th St., Manhattan protection on Nov. 1. The filing cites of their recent transactions appear in these Investments (Manhattan) The cocktail lounge opened in the estimated liabilities of $0 to $50,000 and listings should email descriptions following The Brickman $1,600.0 Kohlberg Kravis Roberts & Co. FB M&A garment district. The menu offers estimated assets of $0 to $50,000. The this format to NDholakia @crains Group Ltd./CIVC Partners, (Manhattan) signature drinks and diverse small-plate debtor with the largest unsecured claim newyork.com, with “Real estate Leonard Green & Partners, York Street Capital Partners, options. is Wesco Insurance Co., owed $500. transaction” in the subject line, or enter Brickman Group them online at crainsnewyork.com/ Holdings Inc. ● Tokya submitadeal. Deals are listed in order of Quirky Inc./ $79.3 Kleiner Perkins Caufield & Byers, GCI 40 E. 58th St., Manhattan GOVERNMENT CONTRACT square footage. Not disclosed Norwest Venture Partners, The nightclub opened in the Plaza OPPORTUNITIES RRE Ventures (Manhattan), district. The modern Japanese-style club COMMERCIAL Andreessen Horowitz, GE Ventures ● features 3-D digital mapping in its Following are selected contract Leerink Swann & Co. signed a LendingClub Corp. $57.0 Coatue Management (Manhattan), FB M&A interiors for different visuals nightly. opportunities recently announced by New sublease for 28,600 square feet at 299 (unknown minority stake)/ DST Global York City agencies.To learn how to sell Park Ave. The consulting firm is adding Not disclosed goods and services to city government, visit another floor to its current space in the Summit Financial Services $49.0 RCS Capital Corp. (Manhattan) SB M&A COMPANY MOVES www.nyc.gov/selltonyc. For a searchable Fisher Brothers-owned building. The Group Inc./The Equity Group database of current procurement notices, tenant was represented by Erik Schmall Inc. profit sharing plan and Companies that would like to have details visit www.nyc.gov/cityrecord. Listings are of Studley.The sublandlord, UBS, could trust (Manhattan) of recent moves published should submit alphabetical by category and department. not be reached for comment. The asking 550,000 square feet of $30.5 Gun Hill Square SB M&A descriptions following this format to rent was approximately $60 per square property at East Gun Hill [email protected], with CONSTRUCTION SERVICES foot. Road/Metropolitan “Company Moves” in the subject line. ● City University of New York Transportation Authority Inc. Seeks competitive sealed proposals by ● Kynikos Associates has renewed and (Manhattan), New York City Economic Development Corp. ● Gant Rugger noon on Dec. 13 for replacement of a expanded its lease for 20,000 square feet 115 N. Sixth St., Brooklyn rooftop air-conditioning system at at 20 W. 55th St. The firm will extend its Hess Corp. U.S. East $30.0 Aegean Marine Petroleum Network Inc. SB M&A Coast bunkering business/ The clothing designer opened a store in Macaulay Honors College, 35 W. 67th lease for another 10 years and take the Hess Corp. (Manhattan) Williamsburg. It is the fourth New York St. Bid documents can be downloaded at entire seventh, eighth and ninth floors. location for the brand, its first in www.lirobiddocuments.com. Bids will The tenant and the landlord, Skyline NitroCircus/ $25.0 Raine Ventures (Manhattan) GCI Not disclosed Brooklyn. be opened at the City University of New Developers, were represented by York, 555 W. 57th St., 16th floor, at William Cohen, Ryan Kass and Alliqua Inc./ $13.0 Celgene Cellular Therapeutics, GCI 12:30 p.m. on Friday, Dec. 13. To make Andrew Weisz of Newmark Grubb Not disclosed Broadfin Capital (Manhattan), Perceptive Advisors (Manhattan) BANKRUPTCIES inquiries, contact George Psillos at Knight Frank. The asking rent was (516) 214-8102 or [email protected]. not disclosed. Selected deals announced for the week ended Nov. 16 involving companies in metro New York. The following listings are selected from the FB M&A: Financial buyer M&A represents a minority or majority acquisition of existing ● ● shares of a company with the participation of a financial buyer. GCI: Growth capital investment most recent available filings by companies Department of Environmental Protection Loyalkaspar signed a 10-year lease for represents new money invested in a company for a minority stake. SB M&A: Strategic buyer seeking bankruptcy protection in the Requests proposals by 4 p.m. on Dec. 20 15,200 square feet at 80 Broad St. The M&A represents a minority or majority acquisition of existing shares of a company without the Southern and Eastern Districts of New for construction-management services branding agency will move from SoHo participation of a financial buyer. source: capitaliq York. Information was obtained from U.S. for the main sewage-pump controls and to the financial district. The tenant was

46 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0047-NAT-CCI-CN_-- 11/26/2013 5:10 PM Page 1

IN THE BOROUGHS MANHATTAN

“You have to honor the history,” he said. Zabar’s helps brake the chains To him, that means, among oth- er things, that salespeople literally Continued from Page 4 size up their customers by sight on the market says much about how WHERE GARTERS rather than by awkwardly draping business is still done in some small MEET GEFILTE: Deli tape measures around them and pockets of the city.The rent at which maven and landlord dishing out the wrong sizes, and the deal was struck, however, says Stanley Zabar (right) then check in on them to make sure even more. gave Town Shop they’re not plotzing out of the bras owner Danny Koch While both sides of the transac- (left) a break on rent they’re trying on. tion declined to give exact figures, to keep Mr. Koch’s And since even 125-year-old in- Stanley Zabar reckoned he probably store in the stitutions like Town Shop have to ended up charging Mr. Koch around neighborhood. grow and prosper, the new, expand- a third less than the market rate of ed store has added a section for men’s nearly a year ago, when the lease was undergarments, including brands inked. That would work out to tidy such as Hanro, Calida and Derek monthly savings of nearly $80 a Rose.The men’s section also features square foot, versus a then-going rate comfortable seating and a TV tuned of $235 per square foot, according to to ESPN. Down the road, Mr. Koch Faith Hope Consolo, chairwoman of wants to start hosting wine tastings retail leasing and sales at Douglas and even performances in the store. Elliman Real Estate. “They took care of us,” said a Feeling is mutual delighted Mr. Koch. The bottom line, insisted Ms. Consolo,is that in New York,“mom- Small-time hood and-pops are here to stay. Because of Make no mistake,though:As the other owners like the Zabars, you see brothers Zabar see it, the deal pays small stores all over the city that are off on a number of levels, including nonexistent in other cities.” on their 79-year-old store’s bottom Some local officials actively em- line, by helping preserve a bit of the brace that notion. small-time, old-world charm of “[Small shops] are good for their little piece of one of New York’s business, because they keep the best-known retail strips—upper neighborhood feeling small and

Broadway. buck ennis connected,” said longtime local “It’s important for our neighbor- community board member and hood to have the small stores here,” McDonald’s restaurants and others, of the city’s finest rye bread. And customers grow from bumps in their City Councilwoman-elect Helen Stanley Zabar said. “We are not too mom-and-pops have their best veteran staffers,such as cheese-shop mothers’ tummies to adults and Rosenthal. happy about having major chains chances of survival in areas that retain manager Olga Dominguez, who mothers themselves. “What we have now increasing- coming in, especially those that are some degree of uniqueness in shop- started as a part-timer 41 years ago, Mr. Koch is cut from much the ly is the same drugstores and the not significantly different.” pers’ minds. Zabar’s today is a classic are still there to greet them, fre- same cloth. He learned the business same food markets,”said Mr.Zabar. The fact is that in a retail ocean example of the drawing power of an quently by name. Ms. Dominguez as a child by watching his grand- “There’s nothing different to make increasingly swarming with enduring, distinctive concept. noted that she’s been in the store mother Selma Koch make sales at you say, ‘Hey, I want to go to that 7-Elevens, Chases, Duane Reades, Patrons still come in to buy some long enough to watch some of her Town Shop. neighborhood.’ ” Ⅲ

limit, and include speed bumps as FROM well. Since the first pilot zone was AROUND installed in 2011 in the Claremont section of the Bronx, other areas THE CITY have applied for their own. In the case of Queens’ two pending zones, the request came from City Council QUEENS member Jimmy Van Bramer. “By installing these two slow Two nabes try to zones in western Queens, we will take things slow have tremendous impact on im- proving the safety of pedestrians To reduce the number and severity of who walk along heavily trafficked crashes, parts of Sunnyside and corridors in our neighborhoods,” Woodside will officially become slow said Mr. Van Bramer. zones next year.The adjoining neigh- The Department of Transporta- borhoods are home to a number of tion selected the slow zone in Sun- schools, not to mention historic nyside south of Queens Boulevard homes. Sunnyside Gardens and part based on strong community sup- of Woodside will be in one slow zone, port, the concentration of schools while Sunnyside south of Queens and the high number of accidents— Boulevard will be in the other. The about 39 a year. Ironically, Queens exact boundaries will be set as resi- Boulevard, whose large number of dents and businesses share feedback. traffic fatalities have earned it the so- The zones will be marked at key briquet the “boulevard of death,”will entrance points with high-visibility be in neither zone, since it is a heav- blue signs noting a 20-mph speed ily trafficked corridor designated as a through-truck route. But the DOT noted that during the past decade,it has implement- ed several safety improve- ments, including in- stalling pedestrian countdown signals along the boulevard, upgrading markings and signs, and modifying signals to pro- vide more time for pedes- newscom DANGEROUS ROAD: Accident magnet Queens Boulevard trians to cross. will not be in either Sunnyside’s or Woodside’s slow zone. —marine cole

December 2, 2013 | Crain’s New York Business | 47 20131202-NEWS--0048-NAT-CCI-CN_-- 11/27/2013 4:17 PM Page 1

Process servers bear bad news Super Bowl transit

Continued from Page 4 The New York City Bar Associ- have yielded $218,000 in fines. Continued from Page 3 Super Bowl,hotel rooms and invita- Process-server agencies can ation supported the 2010 reforms Fines range from $500 for minor ford, N.J., on Feb. 2; proposals are tions to exclusive parties—say that make six-figure profits, and the because of the number of cases in errors to the thousands. also afoot to transport the million public transportation is probably amount they must actually pay a which people subject to legal action “It’s really a kangaroo court,”said football fans who are expected to de- “the best option,”according to Jason bonding agency is a small fraction of were not properly served, never Myra Sencer, an attorney who rep- scend on the Big Apple the week be- Zinna, a partner at Inside Sports & the $100,000.At the high end,indi- showed up in court and were hit resents process servers before the fore the big game. Entertainment, which sells such vidual process servers can make with judgments. The scenario was tribunal. They will flock to the free packages. $70,000 or $80,000 annually. Top especially common in consumer- pregame extravaganza dubbed Su- firms in the city include ABC Legal debt cases. Paperwork burden per Bowl Boulevard, taking place Destination: Secaucus Services, which has 400 employees, But process servers say the regu- Some bigger firms have been Jan. 29 to Feb. 1 along Broadway One way or the other, it looks and inSync, which traces its roots lations have been overkill, crippling forced to hire full-time compliance from West 34th to West 44th likely that many ticket-holders will back to 1940. good actors, forcing firms to close officers just to keep up. Mr. streets through the heart of Times become acquainted with Secaucus, and leading to delays in the legal sys- Gutierrez says he often works 15- Square. Most of those visitors will N.J. The town will play a starring ‘Sewer service’ tem. No other municipality in the hour days, then goes home and take either trains or buses—provid- role thanks to the vast NFL ma- The regulatory crackdown stems state regulates the industry, and its spends hours filling out paperwork ed that government agencies and chine that produces the Super Bowl. from a 2008 investigation by Con- practitioners suspect the rules are be- documenting his stops,after already the 2014 host committee can per- Secaucus will be transformed into a sumer Affairs that found wide- ing enforced in a way meant to gen- digitally inputting the same infor- suade them that mass transit is the central hub through which tens of spread violations of record-keeping erate revenue for the government. mation in a GPS device.It’s also dif- wisest option. thousands of fans will pass to board requirements in an industry that Some servers have found different ficult to find information about the Meadowlands rail line, which tends to operate largely in the shad- lines of work, while others have mi- evolving rules and regulations. “My PATH trains every 10 minutes will whisk them in 10 minutes to ows. The investigation found that grated to locales with less regulation wife has spent a lot of our nights “A comprehensive multimedia MetLife Stadium. process servers intentionally failed in New York or New Jersey. standing next to me, helping me log campaign [is being developed] to The station’s platform was only to serve documents to parties in Consumer Affairs has been in,” Mr. Gutierrez said. inform everyone who is interested in recently extended to accommodate lawsuits—a practice known as “sew- probing potential violations of the Process-server companies want attending Super Bowl Boulevard 10-car trains carrying up to 1,350 er service”—in apparent efforts to new law, launching 145 investiga- reductions in the size of the bonds and the game about the transporta- passengers—two cars and 270 peo- prevent them from showing in tions of agencies and 180 audits of they are required to post and less re- tion options,” said Patrick Foye, ex- ple more than before. Similarly, by court. individual servers. Of 40 detailed sponsibility for monitoring inde- ecutive director of the Port Author- the end of the year, the capacity of “For years, too many process investigations into individual pendent servers. Servers say paper ity of New York & New Jersey. the station’s bus depot will be more servers failed New Yorkers, espe- servers’ GPS devices, about a quar- record-keeping should be stream- To sweeten the deal and height- than tripled to handle up to 14 bus- cially those struggling with debt and ter have shown signs of “sewer serv- lined now that they keep data on en awareness at the same time, the es, from four currently. those being pursued in court for ice,” according to the department. their GPS devices. Port Authority is producing around These projects were approved debts they didn’t even owe,” a Con- Most servers settle rather than Lawyers are also complaining. 70,000 commemorative PATH- before the region was awarded the sumer Affairs spokeswoman said. fight the charges. Of the 180 indi- Some say they pay much higher train smart cards. Super Bowl, said a spokesman for “Strong local protections ensure vidual servers investigated thus far, costs for process service now, be- More buses and trains will be NJ Transit, which runs the train consumers actually receive the pa- 98 have acceded to settlement cause of the dwindling supply.Oth- running for the duration of the Su- and bus station, but the timing of pers they need to avoid default judg- agreements with Consumer Affairs, ers say the shortage could lead to a per Bowl Boulevard events. PATH the completion was no coinci- ments and have their day in court.” according to the department. Only legal logjam. “It used to take two or trains,for instance,will run every 10 dence. five cases have resulted in no action three days to get someone served,” minutes, late into the night, accord- “We are in the final stages of LISTEN to a discussion at CrainsNewYork.com/podcasts at all from an in-house department said Ms. Sencer, the attorney.“Now ing to Mr. Foye. preparing our service plan to in- tribunal that hears the cases, which it can take weeks.” Ⅲ But beyond frequent pledges crease bus and train service,”said the from officials to have public trans- spokesman. portation play a crucial role in mov- Not even mass transit, however, than $1 million in revenue, it didn’t ing fans, just two months before the is immune to the ill effects of a bliz- carry as much growth potential as game little has been said specifical- zard,which is why many officials are Fashion websites initially expected and was aban- ly about how the 82,000 ticket- hoping the Old Farmer’s Almanac doned earlier this year. The compa- holders will get to the stadium. prediction that Super Bowl Sunday Continued from Page 3 velop Refinery29’s presence into ny decided to focus on other cate- Meanwhile, Mr.Tisch has noted will be especially snowy is way off jumped more than 80%, to $3.5 bil- categories beyond fashion, such as gories, rather than worry about that very little public parking will be base.Officials are taking nothing for lion,while offline ad revenue has de- home,beauty and wellness.Now the keeping inventory and dealing with available at MetLife Stadium. Half granted. clined 16% during the same period, site features articles such as “How to shopper transactions. of the venue’s parking spaces will be “We have contingency plans to according to recent data from Break Up—Dignity Intact” mixed “It was tough to close something taken over by security officials, in- move in many different directions if eMarketer Inc. in with its trend-analysis stories. generating revenue,but it was limit- cluding Homeland Security. something happens,” said Mr. Though print ad spending is still With more than 7 million unique ing us,” said Mr. von Borries. “All of this will be explained as we Tisch, who declined to elaborate on outpacing digital five to one, that visitors each month, up from 4 mil- get closer to the game,” he said. just what that might mean, but did gap is shrinking. lion last year, Refinery29’s strategy Cutting through clutter “There will be a whole system of hint that as he sees it there will be Even with such strong support, is paying off. The site produces Yet combining commerce with getting people to the Port Authori- more at stake for New York in two the category, which also includes about 100 original articles daily,and content has been resonating with ty [Bus Terminal],” where they can months’ time than Super Bowl StyleCaster and Sous Style, has be- posts a couple thousand photo- some readers. New York magazine’s board buses that will deliver them to XLVIII. come very competitive, and analysts graphs each week. women’s site The Cut recently the game. “Our hope,” he said, “is that we warn that startups need to consider “A lot of traditional media com- launched a holiday pop-up Even ticket brokers selling pricey get the Super Bowl once every 10 alternative revenue streams. panies are not producing content at e-commerce shop. The approach is packages—including entry to the years.” Ⅲ “It’s a very crowded space,” ex- also working for Editorialist, a plained Doug Arthur, an analyst at luxury-accessories-focused venture Evercore Partners Inc. “You have to ‘We’re producing that launched earlier this year. develop a sustainable revenue mod- The company publishes four sea- ONE BOULEVARD, TWO MAYORS el over time and not one that’s pure- content more sonal issues annually, and also sells IT WAS NO EASY TASK getting the city to sign off on a plan to devote 10 blocks ly ad-driven.” the high-end jewelry, handbags and along Broadway to Super Bowl Boulevard for the four days leading up to the To that end,Refinery29 is looking akin to a news shoes it covers by stocking its own big game on Feb. 2. to brand partnerships to expand its inventory. With seven full-time “It took a lot of work to get that,” said Jonathan Tisch, co-owner of the New presence. The firm, which is expect- outlet’ staffers and a dozen freelance writ- York Giants, who is also co-chairman of the 2014 Super Bowl host committee. ing about $28 million in revenue this ers, stylists and photographers, the As it turns out, it is also taking two mayoral administrations. year,up from $16.6 million in 2012— company expects to be profitable The committee had been in discussions with the Bloomberg it ranked No. 3 on Crain’s 2013 Fast next year. administration for more than two years, planning the free mega-event. And 50 list—has collaborated with com- Kate Davidson Hudson, a for- with good reason. Super Bowl Boulevard alone is expected to draw 1 panies including H&M and Sam- this scale—we’re producing content mer print fashion and accessory ed- million visitors to the city. That is 800,000 more fans than usually attend sung on various projects, such as a more akin to a news outlet,”said Mr. itor who co-founded Editorialist, sponsored “30 Under 30” feature. von Borries. “The adoption of news noted that to succeed with com- the NFL Experience, the ticketed, multiday event that has led into the Super as a driver of growth in our catego- merce, a company needs to be high- Bowl in previous years. E-commerce experiment ry is really critical.” ly specialized. So when Bill de Blasio was elected mayor last month, league officials Philippe von Borries, who co- Some sites are also experiment- “There’s so much out there in the wanted to ensure that he, too, supported their plans. founded Refinery29 as a fashion- ing with e-commerce,to varying de- e-commerce market, and it all feels “We are working on making sure that [the mayor-elect] understands commentary site eight years ago, is grees of success. the same—you need a voice to cut what we are doing, the economic benefit to the city, so that the transition is using the new funds to further de- Last year, Refinery29 made a through the clutter,”she said.“If you seamless between the two administrations,” Mr. Tisch said. push into selling some of the brands don’t have clear expertise in the mar- Alfred Kelly, chief executive of the Super Bowl host committee, added that LISTEN to a discussion at it touts in its editorial coverage, but ket, you don’t have that competitive in meetings Mr. de Blasio “has pledged his full support.” —LISA FICKENSCHER CrainsNewYork.com/podcasts though the division reaped more edge.” Ⅲ

48 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0049-NAT-CCI-CN_-- 11/26/2013 5:04 PM Page 1

HELLUVA TOWN INSIDE Source Lunch New Punching in BMI honcho on the P. 50 Remember the old punch card for changing music biz aerobics classes? Classtivity is bringing back the concept— Out and About online. A membership provides Greet the winter in access to 50 boutique fitness studios throughout the city, Lincoln Square P. 51 offering everything from ballet to boot camp. Founded by Payal Kadakia—a professional Indian dancer with a bachelor’s degree from MIT— Classtivity launched earlier this year with Passport, a $49 virtual punch card for 10 classes at different studios. It just added a Locavore’s delight monthly $99 subscription, allowing users to go to 10 classes at any venue, including repeat visits. A ‘Made in New York’ holiday gift basket Classtivity isn’t the only A ‘Made in New York’ holiday gift basket punch-card model around—yoga studios rely on this system—but for adventurous eaters members can search for classes, reserve their spot and punch their UNIQUE card online. PRODUCTS from Angel investors Esther Dyson a chocolatier, a and Thomas Lehrman were early distillery, a pickle backers. Ms. Kadakia plans to sign maker and others. on more of New York’s 2,000 independent fitness studios and expand to other cities next year. The idea is to make it easier and less expensive to use boutique studios, Ms. Kadakia said. “People crave the variety and the personal community feel of the boutique studios.” —miriam kreinin souccar Chef fulfills a dream

Chad Minton’s résumé is impressive. He has been a chef at exclusive hotels, including San Francisco’s Ritz-Carlton, and most recently was executive chef at the luxurious Ojai Valley Inn & Spa in California. But this fall, he jumped at the chance to work in New York when he was tapped as executive chef of Hyatt’s boutique Andaz Hotel in . “Being in New York is the dream of every cook. It’s the culinary capital of the world,” said Mr. Minton, who ticked off the names of his local heroes: Alfred Portale, Larry Forgione and David Burke. What he likes best about being here is getting back behind the stove. In Ojai, he had access to the freshest veggies from the hotel’s extensive farming operation, but he spent more time traversing the big property on a golf cart than actually preparing food. At the Andaz, he’s busy creating seasonal menus for the property’s eateries, including its main restaurant, the Shop, as well as its cellar bar and its meeting and event

spaces. buck ennis Meanwhile, the Flatiron resident is enjoying BY ALIX STRAUSS walking his English ew York’s artisanal food scene is cooking, with local producers handcrafting a range of bulldog, Oliver Bojangles, consumables, from pickles to gin.This holiday season, Crain’s has put together the and exploring essential “Made in New York” holiday gift basket, filled with treats representative of the local restaurants like Curry Hill’s city’s food manufacturing renaissance. From Brooklyn’s bearded chocolatiers the Mast Dhaba and Kips Brothers to Arthur Avenue’s old-school Madonia Bakery in the Bronx, New York is Bay’s Grass Cow Burgers & home to a growing number of companies creating unique products for adventurous Shakes. —valerie eaters. What could be better than giving a gift that tastes great and helps promote the block city’s expanding locavore movement? See HOLIDAY on Page 50 N December 2, 2013 | Crain’s New York Business | 49 20131202-NEWS--0050-NAT-CCI-CN_-- 11/26/2013 5:01 PM Page 1

SOURCE LUNCH: Holiday gift basket MICHAEL O’NEILL by Aaron Elstein Continued from Page 49 $3.50. Frozen manicotti or stuffed a factory/store in ● Maple Bourbon Bread & Butter shells go for $4.50 to $7.50. Williamsburg where Pickles, Brooklyn Brine Co. Cassinelli recommends pairing its cocoa beans from Peru, Handcrafted pickles pasta with jars of Ceriello marinara Belize,Madagascar and from Gowanus-based or tomato basil sauce. The shop is the Dominican Repub- Musicians get a Brooklyn Brine Co. are closed on Sundays and Mondays, lic, among others, are no ordinary garden-dill and is open from 7 a.m.to 3 p.m.on dried, roasted, ground variety. The Maple other days. and turned into some of new paymaster Bourbon Bread & But- 31-12 23rd Ave., Queens the most impressive ters are made with (718) 274-4881 dark-chocolate bars this side of the caramelized onions, organic New Mississippi. Focusing primarily on York state maple syrup and Finger ● Jalapeño Loaf, the tropical regions around the equa- ichael O’Neill is the go up. We’ve seen this happen with Lakes Distilling bourbon whiskey. Madonia Brothers Bakery tor, their 12 bars, from the Origins new chief executive every new medium. The 3,000-square-foot factory Three generations have been the and Artisan collections, offer ingre- of Broadcast Music makes approximately 5,000 jars a force behind Belmont’s Madonia dients such as coffee or red wine. Inc., better known How are you affected by Pandora and week in several varieties.Those who Brothers Bakery. Opened in 1918, About 2,500 bars are made daily and as BMI, the organ- other digital music providers that license drop by the shop can also find pick- the Sicilian pastry shop offers more cost $7 and $8. The sea-salt bar is Mization that collects and distributes music from publishers, not BMI? led carrots,beets,herbed cauliflower than 25 types of fresh bread, all their most popular. royalties for about 600,000 song- I’m happy to see the free market at and sauerkraut. Jars are $8 to $10. made on the premises.The jalapeño 111 N. 3rd St., Brooklyn writers. Mr. O’Neill has worked at work.If publishers think they can get 574 President St., Brooklyn loaf,filled with cheddar and onions, (718) 388-2625 BMI for nearly 20 years and replaces better rates for their writers working (347) 223-4345 is a moist and spicy mouthful. Or www.mastbrothers.com Del Bryant to become the sixth directly with music providers than www.brooklynbrine.com try other unusual options, like the CEO of the company, which cele- through us, they are welcome to do provolone loaf swirl with yolky ● Macarons With Candied Bacon and brates its 75th anniversary next year. that. Competition has us thinking ● Murray’s Cavemaster Reserve fresh cheese or a ring-shaped lard Maple Cream Cheese, Macaron Parlour Previously, Mr. O’Neill worked at about how we can participate in the Hudson Flower, Murray’s Cheese Shop bread speckled with pork and black CBS, where he persuaded local affil- marketplace,and I wonder what oth- Founded in 1940 in pepper. Breads run $4 to $6. iates to give back an hour of late- er sorts of rights we can manage now the middle of 2348 Arthur Ave., Bronx night airtime so the network could besides those for live performances Greenwich Village, (718) 295-5573 broadcast David Letterman. or broadcasts. Maybe we could do Murray’s was origi- the same for sales of albums or songs. nally a wholesaler ● Raspberry Key Lime Preserves, Simon Tung and Christina Ha are How did you increase revenue 5%, to It’s exciting to think about. of butter and eggs. Sarabeth’s Bakery the husband-and-wife team be- $944 million, when times are so difficult The retailer ex- In 1980, before Sara- hind the three-year-old Macaron in the music business? Do you think songwriters have been panded its offerings beth Levine gained a Parlour. When their homemade Our revenue is up because our sources served well by radio consolidation? over the years, growing in the hearts massive following, not macarons became a hit at the Hes- are more diverse. We get much more In some ways, radio has become so and mouths of New Yorkers to be- to mention 12 restau- ter Street Fair, they took a risk and than we used to from overseas, where cautious. DJs used to play the songs come the city’s leading cheese shop, rants, she was mixing opened a shop. Macaron Parlour R&B is a big thing. Rev- they liked,but now most of offering more than 250 domestic jam out of her offers 20-plus flavors. Many are enue from music per- WHERE them don’t have that free- and imported varieties. Murray’s boyfriend’s apartment baked with brown sugar, which formed on TV is up,in part dom. That said, revenues Cavemaster Reserve Hudson using generations-old family they believe improves the flavor because cable-TV rates THEY are higher throughout the Flower is made from sheep’s milk recipes. Fast-forward 30-plus and compliments the filling. “Our constantly rise. Satellite DINED industry, and that has ben- with a proprietary mixture of sea- years, and her 15,000-square-foot most popular is the candied bacon” radio is now $35 million in GIGINO efited songwriters. sonal herbs such as rosemary,lemon Bronx factory makes 8,000 jars of (one of the first experimental fla- annual revenue for us; TRATTORIA thyme and marjoram. It sells for “legendary spreadable fruit” per vors the couple created), said Mr. it didn’t used to be any- 323 Greenwich Are you a singer or $29.99. Feeling generous? You can day with simple ingredients like Tung. “The shell acts like a pan- thing. We’ve also cut over- St. songwriter? (212) 431-1112 always add sea salt and olive-oil Z fruit and sugar. Shoppers can visit cake, and the candied bacon is like head. Last year, our head www.gigino- Oh, no. Even when I sing Crackers to your purchase. Sarabeth’s Bakery at Chelsea Mar- the syrup. It’s an edible plate of count declined to 500, trattoria.com in the shower, it doesn’t 254 Bleecker St., Manhattan ket or any of the Sarabeth’s eateries breakfast.”A box of six is $15,a box from more than 600, be- AMBIENCE: sound good. But I’m pas- (212) 243-3289 to purchase her wares. An 18- of 12 is $28, and a box of 24 is $54. cause we made generous Rustic-style sionate about music.I grew www.murrayscheese.com ounce jar goes for $11. A full range One for you is $2.50. early-retirement offers. So trattoria in up in New Jersey and used of artisan-baked goods such as 111 St. Marks Place, Manhattan while revenue went up by TriBeCa with to watch Bruce Spring- ● Spinach Fettuccine, muffins, pies, pastries and breads (212) 387-9169 5%, distributions to our hardwood floors steen play in Asbury Park. Cassinelli Food Products are also available. www.macaronparlour.com members went up by 9%. WHAT THEY ATE: He’s with [rival] ASCAP, For seven decades, Chelsea Market I’m very proud of that. Pizza by the way. ● Dorothy Parker Gin, margherita Cassinelli has been 75 Ninth Ave., Manhattan New York Distilling Co. Sites like Pandora and Tortellini in a Have you suggested to Bruce the only spot in As- (212) 989-2424 cream sauce toria offering more www.sarabeth.com The earliest distilleries in Spotify pay songwriters much Paccheri with that he join BMI? than 30 homemade Brooklyn date back to the lower royalties than radio. Do seafood in a red I talked to him about it ● Dark Chocolate With Sea Salt, you think that will change? sauce pastas, each made 1700s. Two years ago, Tom once. But ASCAP treats Mast Brothers Two glasses of on the premises in Potter, his son Bill and Al- I’m confident it will.Here’s Nero d’Avola, an him great,and some things the small factory For brothers Rick and Michael lan Katz launched New the situation: If you have a excellent Sicilian are better left alone. behind the storefront.Each day,the Mast, starting a chocolate company York Distilling Co. after song that gets 1 million red Who’s the coolest musician tiny staff prepares a hundred in 2006 out of their apartment was a they started tinkering plays on traditional radio in PRICE: $148.12, pounds of pasta,like spinach fettuc- smart idea. According to them, it’s with one of the world’s a quarter—Taylor Swift or including tip you’ve ever met? cine or tortellini with mushrooms. the most popular food in the world. most iconic yet forgotten Adele might get that— John Williams, the movie- A 1-pound package will run you Three years ago,the brothers opened spirits: gin. The company you’re talking $500,000 in score composer.He told me is known for originality royalties for the writer and $500,000 that when Steven Spielberg asked and, in some cases, Navy-strength for the publisher. If your song gets 1 him to do the score for Schindler’s List, EDIBLE GIFTS ONLINE gin distilled and served on the million plays on Pandora, you each he said, “I’m honored, but you need property. Dorothy Parker Gin is a get $30. The difference is the size of someone better than me.” Spielberg FOR THOSE TOO BUSY to shop in the real world, blend of traditional and contem- the audience. A song played on tradi- replied: “I know that, but they’re all stay home and surf your way through edible porary botanicals, including elder- tional radio is heard by anyone tuning dead.” I love that story. And Dolly holiday gifts. Manhattan-based OpenSky.com, a berries and hibiscus. Another in at home or driving their car. If you Parton is a complete joy to be around. social marketplace, specializes in artisanal choice is Perry’s Tot, a tribute to hear a song on Pandora,you are listen- Johnny Rotten has got a good soul,al- purveyors nationwide. With more than 7,000 Matthew Calbraith Perry, who ing to it alone. But as the Pandoras though everything you think about merchants, including 200 from New York, served as commandant of the grow their audiences,royalty rates will him is true. OpenSky makes it easy to find a food fix. Brooklyn Navy Yard in the 1840s. Some of the most popular items on the site At present, the spirits are sold in are DIY S’more Kits by S’more Bakery, Dark Chocolate Rosemary Organic 600 restaurants and retailers WHO KNEW? Mr. O’Neill works out at the Peanut Butter from Better Off Spread, Ooey Gooey Caramel Sauce (with sea throughout New York. Perry and salt and maple syrup) from Dave’s Homemade, Double Chocolate Chip Parker run approximately $30 a same gym as Bruce Springsteen and was Cookie Mix by Cissé Trading Co., and a three-pack gift box and other bottle. 79 Richardson St., Brooklyn childhood friends with Boston Red Sox spreadable offerings from the Jam Stand. —ALIX STRAUSS (718) 412-0874 manager John Farrell. www.nydistilling.com

50 | Crain’s New York Business | December 2, 2013 20131202-NEWS--0051-NAT-CCI-CN_-- 11/26/2013 5:03 PM Page 1

OUT Donors come out to support children AND SNAPS ABOUT by Ali Elkin and Theresa Agovino

CULTURE FIX CAREER BUILDER WEDNESDAY, DECEMBER 4, MONDAY, DECEMBER 2 THROUGH SUNDAY, JANUARY 5 The Asian Real Estate ALVIN AILEY AMERICAN DANCE THEATER is back at Professional Association the New York City Center, 131 W. 55th St., with will host a HOLIDAY several new NETWORKING EVENT from 6:30 works, p.m. to 8:30 p.m. at the Ava including a Lounge Rooftop at the contemporary Dream Hotel, 210 W. 55th ballet called St. The event is free, but

Chroma by RSVP to Tony Huang, mcmullan.com reboh-patrick adriel British [email protected]. DEBORAH NORVILLE and JOAN RIVERS at the choreographer New York Society for the Prevention of Cruelty to Wayne TUESDAY, DECEMBER 3 Children’s fundraising dinner on Nov. 19. The the newcourtesy of McGregor and The Retail Marketing Society event raised more than $340,000, which TOM SCHUMACHER, JULIE TAYMOR, MICHAEL EISNER and CORA CAHAN at the New 42nd featuring the music of the White Stripes. Also on is hosting a talk by Robin benefits the organization’s trauma-recovery Street gala on Nov. 18. The event brought in $840,000 for New Victory Education programs, tap are Bill T.Jones’ D-Man in the Waters, as well Lewis, founder and chief program. which introduce children to the theater. as several popular favorites. The performance executive of retail-industry schedule rotates. Tickets start at $25. For more newsletter The Robin Report, information, visit www.alvinailey.org. called THE FUTURE: LANDSCAPE OR LANDMINES? The FRIDAY, DECEMBER 6; discussion will focus on TUESDAY, DECEMBER 10; how technology has changed AND SUNDAY, DECEMBER 29 the retail industry to the Victoria Wilson, author of A Life of Barbara point where it is now in a Stanwyck: Steel-True 1907-1940, will introduce state of chaos. The event three films in Film Forum’s BARBARA STANWYCK will run from noon to 2 p.m. SERIES: The Bitter Tea of General Yen (1932), The at Arno Ristorante, 141 Purchase Price (1932) and Remember the Night W. 38th St. Registration (1940). Tickets are $7 for members and $12.50 costs $55 for members and for nonmembers, and are available at $75 for nonmembers, and is www.filmforum.org. The theater is located at 209 available online at www.retail W. Houston St. marketingsociety.org. jerry speier samuel stuart samuel DON’T MISS WINTER’S EVE ON THE UWS RICHARD D. THOMAS, TAMIE PETERS THOMAS, CAROLINE CUMMINGS RAFFERTY CYNDI LAUPER and JONATHAN TISCH at Citymeals-on- MONDAY, DECEMBER 2 and ISABELLE B. KRUSEN at the gala for the Fresh Air Fund on Nov. 21. The fete raised Wheels’ 27th annual Power Lunch for Women. The Nov. more than $630,000. The Lincoln Square Business Improvement 22 benefit garnered $1.3 million. District and Time Warner host the 14th annual WINTER’S EVE AT LINCOLN SQUARE, featuring more See more of this week’s Snaps online at CrainsNewYork.com/galleries. than 20 live-music performances and other activities. More than 30 restaurants from around the neighborhood will offer tastings costing between $1 and $4. The celebration begins with a tree lighting in Dante Park at Broadway and West 63rd Street. The event runs from 5:30 p.m. to 9 p.m. For more information, visit www.winterseve.org.

OPENING FUNDRAISERS Nominate New York’s FRIDAY, DECEMBER 6, TUESDAY, DECEMBER 3 THROUGH SUNDAY, FEBRUARY 23 The David Lynch Foundation will host The Whitney Museum of American CHANGE BEGINS WITHIN, a benefit gala hosted Art is presenting EDWARD STEICHEN by David Lynch and Jerry Seinfeld. The Next Rising Star IN THE 1920S AND 1930S: A RECENT organization works to bring meditation to at- ACQUISITION.The artist was Condé risk communities. The event will honor Hugh Nast’s chief photographer, and the Jackman and Deborra-Lee Jackman. The gala collection features celebrity shots will directly benefit meditation training for (including veterans and first responders suffering from Marlene post-traumatic stress disorder. The event starts Dietrich, at 6:30 p.m. at the Conrad New York Grand pictured), the Ballroom, 102 North End Ave. Tickets start at natural world $1,000 and are available at www.changebegins and advertise- within.org. ments.The Whitney is WEDNESDAY, DECEMBER 4 located at 945 Fostering Change for Children will hold its Madison Ave. It ANNUAL HOLIDAY SOCIAL at EVR, 54 W. 39th is open St. The event will include a raffle, the top prize Wednesday for which is two round-trip JetBlue tickets. through The organization funds special programming Sunday. General admission costs for children in foster care. Tickets are $30 and $20. For more information, visit are available at www.eventbrite.com. The fete www.whitney.org. starts at 6:30 p.m.

MARK YOUR CALENDAR… Visit: crainsnewyork.com/40Under40/nominate TUESDAY, MARCH 4, AND THURSDAY, MARCH 6 PAUL SIMON AND STING are doing a short tour Nominations Close Dec. 6, 2013 together with two dates in New York at Madison Square Garden. Last May, they put their voices together for a Robin Hood Foundation event. The result was acoustic versions of “The Boxer” and “Fields of Gold” and the decision to tour. Tickets start at $50 and are available through Ticketmaster. For

more information, visit www.thegarden.com. newsbloomberg

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