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INSIDE IT’S HAMMERED TOP STORIES TIME Journal v. Times: Story NY’s last great Page 3 Editorial newspaper war ® Page 10 PAGE 2 With prices down and confidence up, VOL. XXVI, NO. 17 WWW.CRAINSNEWYORK.COM APRIL 26-MAY 2, 2010 PRICE: $3.00 condo buyers pull out their wallets PAGE 2 The bloom is on the Roses

Not bad for an 82-year-old, Adam Rose painted a picture of a Fabled real estate family getting tapped third-generation-led firm that is company that has come a surpris- for toughest property-management jobs known primarily as a residential de- ingly long way from its roots as a veloper. builder and owner of upscale apart- 1,230-unit project.That move came In a brutal real estate market, ment houses. BY AMANDA FUNG just weeks after Rose was brought in some of ’s fabled real es- Today, Rose Associates derives as a consultant—and likely future tate families are surviving and some the bulk of its revenues from a broad just a month after ’s River- manager—for another distressed are floundering, but few are blos- menu of offerings. It provides con- A tale of 2 eateries: ton Houses apartment complex was residential property, the vast soming like the Roses.In one of the sulting for other developers—in- taken over, owners officially tapped Stuyvesant Town/Peter Cooper Vil- few interviews they’ve granted,first cluding overseeing distressed prop- similar starts, very Rose Associates to manage the lage complex in lower . cousins and co-presidents Amy and See BLOOM on Page 42 different endings PAGE 3 Tech shops woo Walmart young math whizzes from targets NY SMALL BUSINESS, PAGE 16 sites on QT Hopes to bypass unions as it eyes B’klyn’s Gateway II

BY DANIEL MASSEY

the 630,000-square-foot Gate- BUSINESS LIVES way II shopping center off Jamaica Bay in is among the sites GOTHAM GIGS Walmart is eyeing in a renewed Paying tulip service push to build its first New York on P. 43 City store, sources familiar with G ANNE FISHER looks the situation say. at the alternatives to Union leaders, fearful of a po- bank credit P. 43 tential Walmart deal at the Relat- ed Cos.-owned site near Spring G MOVERS & SHAKERS Creek Towers, are planning a BOLD PLAN: Chancellor He’s gearing up for the protest in the next 10 days, but so Matthew Goldstein city’s big bike tour P. 44 wants to make CUNY a far both the Arkansas-based retail powerhouse in scientific G GAEL GREENE bets on giant and the developer insist there research. P. 46 is nothing to announce. 5 & Diamond buck ennis “We know that New Yorkers want to shop and work at Walmart, REPORT EDUCATION and as a result,we continue to eval- INDEX uate potential opportunities here,” says Steven Restivo,the company’s THE INSIDER ______8 director of community affairs. REAL ESTATE DEALS PLUS ______12 “New Yorkers want quality jobs NEIGHBORHOOD JOURNAL ______14 and affordable groceries, and it re-

CLASSIFIEDS ______38 mains our goal to be part of the so- THE RAD SCIENTIST lution.” HOT JOBS ______43 A Related spokeswoman would EXECUTIVE MOVES ______43 say only that the company has not The man who remade CUNY now has science in mind THE WEEK AHEAD ______46 signed any leases for Gateway II. THE WEEK ON THE WEB ______47 The developer has already success- which offers students personalized attention and re- BY MIRIAM KREININ SOUCCAR CHEAT SHEET ______47 fully shepherded the shopping quires they attend classes full-time. Next month, See WALMART on Page 4 CUNY will announce its initial results from the pro- when matthew goldstein is vexed by a problem,he gram—the percentage of students who actually grad- can’t sleep. uated was more than double the usual disappointing 17

5 So it was that at 2:30 in the morning a few years ago, 25%. Now CUNY is planning to build a 5,000- the chancellor of the City University of New York student community college in Manhattan, based on started pacing his Manhattan apartment,trying to fig- Mr. Goldstein’s new framework. ure out how to keep students from dropping out of “I used to wake up in the middle of the night and ELECTRONIC EDITION community colleges in such high numbers. think of a theorem I couldn’t crack,” says the former Mr. Goldstein came up with a new program, the math professor, who graduated from City College in NEWSPAPER Accelerated Study of Associate Programs, or ASAP, See CHANCELLOR’S PLANS on Page 36 71486 01068 0 20100426-NEWS--0002-NAT-CCI-CN_-- 4/23/2010 7:11 PM Page 1

IN BRIEF

NEW YORK’S GROSS CITY PRODUCT GREW AN NY’s paper tigers ESTIMATED 0.9% IN THE FOURTH QUARTER, ending two years of declines, according to city will be out next month. Comptroller John Liu. Growth in the gross city Journal takes on Times in its own backyard. She adds that Mr. Murdoch’s tradition- product (estimated at $602 billion in 2009, or al weapon of undercutting his rivals may in- 4.2% of the nation’s total economic output) still Some call it ‘the last great newspaper war’ flict some damage on the Times, but with- lagged the jump seen in gross domestic out necessarily helping the Journal. Her product, which rose 5.6% in the fourth quarter. book says the paper lost $87 million in fis- City sales tax collections also increased, Mr. Liu BY MATTHEW FLAMM cal 2009, which ended last June. noted, rising more than 12% in the fourth There is some evidence that the Journal quarter from the year-earlier period, after four the newspaper business is struggling has been discounting heavily to attract ad- quarters of consecutive declines. across the country.You wouldn’t know it in vertisers to the new section. One presenta- New York. tion that was made to a local advertiser of- GARMENT DISTRICT MERCHANTS AND NEARBY The Wall Street Journal launches its long fers a full page in the local edition and one RETAILERS ARE REELING FROM NEWS OF A awaited New York edition today, adding a in the for under $20,000. city plan that would ban automobiles along stand-alone section full of local news in its The official rate card price for a region- West between Fifth and Sixth bid to become more of a general-interest al page in the Journal can run around avenues. Rerouted traffic could delay deliveries paper—and challenge . bloomberg news $100,000. A page in the Post costs any- News Corp.’s New York Times’ for apparel factories and design showrooms and In response, the Times has made New Rupert Murdoch Arthur O. Sulzberger Jr. where from $5,000 to $25,000, according alter production schedules. Ramdat Harihar, York private schools a regular beat, started to a media buyer. longtime chief executive of R&C Apparel a new weekday real estate column, and be- A Dow Jones spokeswoman says that Corp., a factory on West 39th Street that serves gun an ad campaign to tout its strengths as the presentation was made to a small group local designers such as Anna Sui, says the auto a New York paper. All the investment of companies that had never before adver- ban would add an extra half-hour to every For a daily newspaper reader,what’s not tised in the Journal or the Post,and that oth- delivery. to like? in both papers erwise there has been no deep discounting. The Journal’s aim in spending a report- “We’re getting premium pricing,” she says. UNCLE JACK’S STEAKHOUSE OWNER WILLIAM ed $15 million on the section is to bring in will be good for She maintains that the paper will be prof- DEGEL COULD BE THE NEXT RESTAURATEUR TO new readers and advertisers—taking as itable in fiscal 2010 and says that print ad become a reality TV star. He recently signed a many as possible from the Times, which is local readers revenue was up 25% in the fiscal third quar- contract with Turner Broadcasting System’s struggling to recover from the advertising ter, ended March 31. News Corp., which TruTV to film a show about running his three recession. bought Dow Jones for $5.6 billion in 2007, steakhouses in the city.The TruTV series on It’s also part of new owner Rupert Mur- does not break out results for the paper. Mr. Degel will be produced by RelativityREAL doch’s plan to make the Journal a broader The New York Times Co. reported last and Tom Forman, creators of Extreme paper with a bigger influence. Jones & Co.’s resources—or just the News week that print ad revenue across the com- Makeover: Home Edition. No stranger to the The irony of the battle is that it’s hap- Corp.chairman doing what he knows best. pany, which includes the Boston Globe,fell small screen, Mr. Degel can be seen in a pening at a time when newspapers are un- 12% in the first quarter.Thanks to cost cut- YouTube video in which he claims to be “New der siege from the Web. The industry’s 20th-century box ting and an 18% spike in digital ad revenue, York’s toughest steakhouse boss.”  wider troubles sapped the life out of Mr. “he is fighting the last great newspaper the company had net income of $13 mil- Murdoch’s last big fight,when he pitted his war of the 20th century,” says Sarah Elli- lion, compared with a loss of $75 million a New York Post against the Daily News. son,a former Journal media reporter whose year ago. BY THE NUMBERS Some observers wonder whether starting book, War at the Wall Street Journal, about The Journal makes the case that the another war is the best use of parent Dow Mr. Murdoch’s acquisition of Dow Jones, See NY’S PAPER on Page 41 Weekly shift of the city’s economy LIFE’S A BEACH In the Hamptons, 1Q home sales doubled from a record low a year earlier.  Nationwide sales rose 20%, jobless claims are down and leading economic indicators are up. Home is where the sales are: +17.3% $1.67 T -10.8% RISE in people in HEDGE FUND DROP in flights at temp jobs in assets under NY area airports Condo deals suddenly spring up March vs. six management in in February vs. months earlier, to 1Q, up 26% from a year earlier 2 million a year earlier Source: Port Source: Challenger Source: Hedge Fund Authority of as 35%—nearly three-fourths of the units contract. That’s up 181% from the de- Gray & Christmas Research Inc. NY & NJ Discounts, marble have been sold, and the rest are going fast. pressed year-earlier period, and the high- counters work their “We are seeing a lot of buyers,” says est level since the second quarter of 2008, BUMPING ALONG THE BOTTOM Change in total cost of David Maundrell, president of Apt- according to Corcoran Sunshine Market- construction of NYC residential units allowed under magic, with 181% surge sandlofts.com, which is handling sales at ing Group, a brokerage that specializes in building permits in Manhattan signings Warehouse 11. new developments. All across the city, homebuyers are Those gains coincide with a 13% de- emerging from a yearlong hibernation, cline in median sales prices in Manhat- BY AMANDA FUNG lured back into the market for new condos tan—to $1.2 million—between the first by price cuts of up to 40% and by a grow- quarter of last year and March 2010, ac- what a difference a few weeks can ing sense that prices are now at or near the cording to real estate site StreetEasy.com. make. Early this year, a 120-unit condo bottom. Low mortgage rates and the Meanwhile, the average size of units sold conversion in Williamsburg, Brooklyn, abundance of shiny new condos with mar- has increased. known as Warehouse 11 stood on the verge ble counters, Viking appliances and strik- “Today, buyers are getting more space of foreclosure. Today, now that the devel- ing views are also helping. for their money,” says Kelly Mack, presi- opers have come to terms with their During the first quarter, nearly 460 dent of Corcoran Sunshine. Source: U.S. Census Bureau lenders—and cut asking prices by as much deals in Manhattan were either closed or in See SPRING on Page 41

CORRECTIONS An April 19 “In Brief” item misstated Sabra Dipping Co.’s rev- enues. The refrigerated dips and spreads industry has revenues of $312 million; Sabra’s sales represent about 40% of the total.

vol. xxvi, no. 17, april 26, 2010—Crain’s New York Business (issn 8756-789x) is published weekly, except for combined issues June 28/July 5, Aug. 30/Sept. 6, and Dec. 20/Dec. 27, by Crain Com- munications Inc., 711 Third Ave., New York, NY 10017. Periodicals postage paid at New York, N.Y., and additional mailing offices. Postmaster: Send address changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call (888) 909-9111.Fax (313) 446-6777.$3.00 a copy, $59.79 one year, $109.79 two years. (GST No. 13676-0444-RT) ©Entire contents copyright 2010 by Crain Communications Inc.

All rights reserved. photos: didik, frank buck ennis LIVE WIRES: Manhattan House, Warehouse 11 in Brooklyn, Sheffield57 and 5th on the Park (left to right) are among the properties benefiting from a buying boom.

2 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0003-NAT-CCI-CN_-- 4/23/2010 7:31 PM Page 1

Street’s moral dilemma Goldman scandal

DEY TIME: Rohini spurs effort to shed Dey is finally feeling optimistic about her light on derivatives New York location’s chances. BY AARON ELSTEIN

at goldman sachs’ annual stock- holders meeting May 7, a group of nuns will raise some uncomfortable issues. The Maryknoll Sisters of St.Do- minic won’t be asking Chief Execu- tive Lloyd Blankfein what lies in his soul. Nor will they inquire into what THE LONG GOODBYE: in heaven’s name Goldman execu- Diners’ budgets and an tives were thinking when they al- unproven site did in Ed legedly failed to alert clients who Brown’s restaurant. were sold a mortgage investment that had been designed to blow up. Rather,the sisters are asking oth- buck ennis photos er shareholders to approve a resolu- tion requiring Goldman to disclose more information about deriva- tives—the murky instruments at the heart of the firm’s scandal and a key factor in the global economy’s near- A TALE OF TWO EATERIES collapse in 2008. “The financial crisis has hurt so many people all over the world in profound ways,and derivatives were BY LISA FICKENSCHER a key part of it,” says Cathy Rowan, a lay consultant who will be present- MANY RESTAURATEURS SIGNED LEASES, crafted menus and boldly threw open their doors just as the ing the nuns’ measure at Goldman’s meeting.“It makes you wonder who recession took hold with unexpected ferocity. Acclaimed chef Ed Brown opened Eighty-One on the exactly benefits from these things in late February 2008, weeks before Bear Stearns collapsed. Accomplished being so opaque.” restaurateur Rohini Dey opened At Vermilion in midtown in November 2008, when the financial Slowing a profit engine crisis was fully unleashed. While At Vermilion remains in business, Eighty-One recently closed.The goldman opposes the sisters’ reso- lution. It says the disclosure being two restaurants’ stories share common threads of hope, desperation and ingenuity. sought“would not provide useful in- formation to our shareholders and would not be a worthwhile use of our firm’s resources.” Eighty-One At Vermilion But the nuns’concerns are shared by many,not least members of Con- gress, who appear close to imposing Bad times 86 celeb’s Cost cuts, chic events tougher legislation on the unregu- lated world of derivatives and rein- ing in one of Wall Street’s most pricey solo launch keep flame burning profitable lines of business. This business, in turn, has spurred much of Wall Street’s growth in the past in early april, Ed Brown the eight ball. I wanted to close three weeks ago,Rohini Dey including lowering the menu decade and contributed heavily to made the most difficult tele- it down while it was still a man- hired a third event planner for prices. Hoping to re-create her See STREET on Page 42 phone calls of his 24-year ca- ageable disaster, and without At Vermilion, an ultramodern, Windy City success here, she reer. The celebrated chef filing for bankruptcy.” cavernous bilevel restaurant. had chosen At Vermilion’s loca- reached out to each of the 35 in- The demise of Eighty-One “I’m feeling very opti- tion on and vestors in his elegant restaurant stemmed primarily from two mistic,” says the 41-year-old East 46th Street because it was Eighty-One to deliver the problems that Mr. Brown says restaurateur, who lives in surrounded by office towers. news. he couldn’t overcome.The chef, Chicago with her family and She expected to attract power “We failed,” he told them. launching his first solo busi- travels to New York once a lunchers and after-work “The money is gone.” ness,opened a pricey restaurant week. crowds. But the recession deci- This didn’t come as a sudden at a time when diners were Her confidence is hard- mated corporate expense ac- realization. The restaurant had slashing their budgets. And the won, however. The 15-month- counts. been losing money for more location—in the Excelsior Ho- old Indian fusion eatery barely There was a wave of public- than a year, with the exception tel, across from the American covered its costs last year, she ity surrounding the launch of of the last three months of Museum of Natural History— says, “and it was a helluva lot of At Vermilion—which cost 2009, when it generated a little was unproven. Mr. Brown de- work to just break even.” nearly $5 million—but early re- more cash than it consumed. veloped the space from scratch At Vermilion opened in the views were mixed. The lack of Nevertheless, Mr. Brown with more than $3 million in teeth of the recession. Ms. Dey reviews from The New York UNDER FIRE: says, “I knew where I was at all capital,including a chunk of his had to adjust her business plan Times and New York still stings. Goldman times, and it was always behind See EIGHTY-ONE on Page 42 before the place even opened, See AT VERMILION on Page 42 Sachs CEO Lloyd Blankfein bloomberg news

April 26, 2010 | Crain’s New York Business | 3 20100426-NEWS--0004-NAT-CCI-CN_-- 4/23/2010 7:11 PM Page 1

Walmart quietly scouts NY sites IN THE MARKETS Continued from Page 1 extraordinarily difficult. er easy way to mount a campaign center through the city’s land-use Plus, Walmart would need a lo- against them,” says Kathryn Wylde, process, gaining approval last sum- cal developer that doesn’t have ma- president of the Partnership for by Aaron Elstein mer. jor projects before the council that ,of which Walmart is The site, which is currently va- members might sacrifice in protest a member. cant, meets many of the parameters against Walmart. Related would The company could face opposi- of what Walmart is looking for in a tion from tenants in its Gateway I BIG PAY PRODUCES BIG PERFORMANCE? NOT ALWAYS New York City location: an as-of- complex, including BJ’s Wholesale The bigger the company, the better the CEO pay (left). But a better paycheck does not right location in an outer borough, Club and Target, which might wor- necessarily produce better performance, a Citigroup Global Markets analysis shows. with a low-income population ry about increased competition. nearby and pent-up demand for And it is sure to see resistance S&P 500 CEO pay vs. market cap S&P 500 CEO pay vs. return on equity jobs and supermarkets. Walmart is from its longtime New York City 2.0 1.4 1.8 1.3 believed to be examining other un- foes—who were readying for battle 1.2 specified sites in the outer boroughs last week. 1.6 1.4 1.1 1.0 as well. 1.2 Protest is planned 0.9 The company’s attempts earlier 1.0 this decade to open outlets in “we don’t like how they treat 0.8 Total pay (in millions) pay Total 0.8 (in millions) pay Total 0.7 Queens and on were workers as it relates to salaries and 0.6 0.6 thwarted by labor unions and com- benefits,and we’re not going to have 80- Over 4-10 10-16 16-22 22-28 28-34 34-40 40-46 2-5 10-15 15-25 25-50 50-80 100 100 munity groups worried that the them in our community,” says City Market cap (in billions) Profitability (% return on equity) chain’s low prices and modest wages Councilman Charles Barron, D- would eat into the market share of Brooklyn. “They will have the fight CEO compensation is median total pay for 2008-09, where data is available. Last reported return on common equity. Source: Citigroup Global Markets. unionized retailers like Pathmark, of their lives.” Key Food and Duane Reade and ‘They will United Food and Commercial put mom-and-pop shops out of Workers Local 1500 is planning a There’s method to merger madness business. That organized effort led have the protest in the next week and is al- ith the corporate merger whirl back at full tilt, then-CEO H. Lee Scott to say that ready arguing that Related’s earlier opening a Walmart store in New fight of traffic study presented to gain land- it’s worth remembering that years of academic York City was not “worth the ef- use approval did not take into ac- research show that most mergers fail to benefit fort.” their lives’ count a Walmart being situated in W anybody except the executives and bankers who put them Gateway II. The union is planning Avoiding City Council’s stamp to send canvassers out to the neigh- together. Refreshingly, a Citigroup analyst drove this point but earlier this year, Walmart borhood to drum up opposition to a home in a report last week that, quelle coincidence, was issued officials told Crain’s the retailer was potential Walmart. the same day CenturyTel struck a $10.6 billion merger deal restarting its search for a New York “Walmart was never, ever men- with fellow telecom Qwest Communications. City location. Now that quest ap- seem to fit that bill,since its Hudson tioned once through the entire land- pears to be gaining momentum. Yards project was approved and its use process,” says Pat Purcell, assis- Just about everyone on Wall Why’s that? Well, as the charts Observers say the company has been Kingsbridge Armory plan was shot tant to the president of UFCW Street had a hand in arranging this show, CEOs of companies with on the lookout for an as-of-right site down by the council late last year. Local 1500. “The area cannot sus- marriage, with no fewer than seven market values of $80 billion or more because gaining approval from the “If the theater of the land-use ap- tain a Walmart, a Target and a BJs. investment banks and four law firms got paid 40% more than their coun- many City Council members de- proval process is not available to op- In this area, it’s a job killer; it’s just advising the companies. Century- terparts at smaller enterprises, and pendent on union support would be ponents, I don’t think there’s anoth- the wrong use.”  Tel’s CEO promised that the merg- this holds even if the smaller com- er would “provide significant bene- pany has higher profit margins, a fits for shareholders, customers and better-performing stock price and our communities.” so on. “Unfortunately for share- Nonsense, says Citi’s Robert holders (and capitalism in general),” Buckland, whose firm was one of the Mr. Buckland wrote,“we fail to find few not involved in arranging the the same strong correlation when merger. His words are also worth we look at the relationship between heeding as talk grows that such tele- corporate profitability and CEO coms as Verizon Communications, Time compensation.” Warner Cable and Cablevision could un- There’s one more thing to keep in veil their own mergers as their indus- mind the next time a CEO touts his try consolidates. “The most impor- or her latest deal: Heads of big com- tant driver of deal activity is that panies have more fun. “They get managements are personally incen- more media coverage,” he quipped, tivized to make their companies larg- “and they get invited to Davos (via er,” Mr. Buckland wrote to clients. the company jet, of course).”

Merkin speaks! Well, earlier this month, Mr. Merkin formally responded to Mr. here’s a blast from the past: J. Cuomo’s suit and denied any Ezra Merkin. Remember him? The wrongdoing, adding that any dam- prominent money manager and ages or losses “were caused by third philanthropist (the Merkin Concert parties over whom defendants had Hall bears his family’s name) turned no control.” Through a spokesman, out to be one of ’s he declined to comment. biggest sources of cash. Last year, It’s been a brutal 17 months for Attorney General Mr. Merkin, who, according to Mr. filed fraud charges against Mr. Cuomo’s office, pocketed $688 mil- Merkin, saying he was a “glorified lion in management fees over a 20- mailbox” who didn’t carefully invest year career. He lost his business and money from such clients as Daily reputation as a savvy investor,stepped News owner Mort Zuckerman and aside as president of the , but simply Synagogue, and was even forced to funneled $4.4 billion to Mr. Madoff sell much of his museum-caliber and collected his middleman, er, modern art collection for $191 mil- management fees. lion to help compensate investors. 

AMOUNT THAT INVESTMENT PROS SPENT last year on independent research analyzing $120M the latest public policy developments in Washington, D.C., according to Integrity Research Associates.

4 | Crain’s New York Business | April 26, 2010 Project4:fp template.qxd 3/31/10 12:07 PM Page 1

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Too much heat in Batali’s kitchen elebrity chef Mario Batali (right) is in hot water. The former Iron Chef star has become the latest Ctarget of a labor campaign spearheaded by worker advocacy group Restaurant Opportunities Center of New York.

Over the past eight years, ROC NY has played a buck ennis central role in legal complaints against such highfalutin restaurateurs as Daniel Boulud, Shelley Fireman and Alan Stillman over alleged labor-law violations involving discrimination and wages.The organization has won $4.5 million in settlements for restaurant workers and skewered many a reputation. Mr. Batali and the workers group have been negotiating quietly, according to ROC NY co-founder Fekkak Mamdouh.The group declines to give further details. Mr. Batali, known for his Italian cuisine, owns 11 restaurants—including Del Posto, Babbo, Bar Jamon and three others in New York. He didn’t return calls for comment.

show). He also dissed King Tut sponsor American Airlines, Getting back a royal pain noting the excess baggage to nature fees on overweight tutankhamun and the luggage as a reason not to the wildlife conservation Golden Age of the Pharaohs fly the U.S. carrier. On the Society is launching a branding opened over the trip to New York, “we campaign for Zoo and weekend. But locals may carried two heavy bags on the New York Aquarium this want to wait a month EgyptAir and they didn’t week, which will include print before handing over their charge us,” he quipped. and billboards.The heart of the $25 for the exhibit at program starts on May 15, when Discovery . the ads will take over Grand That’s when King Tut’s Fashioning Central’s subway shuttle trains for gilded chariot will arrive a new network a month. Previous marketing in New York, according to efforts have focused on specific Zahi Hawass, secretary apparel buyers tired of exhibitions. general of Egypt’s Supreme schlepping to showrooms The new ads tout the parks as Council of Antiquities. It need head no farther than places where people can connect will be the first time the their computer screens. A with nature and help with ancient ride has left Egypt. new online network called conservation, not just see lions or Mr. Hawass says the boy Joor allows retailers to tigers.Though attendance has

king may have been in that f. voegelin andreas connect with clothing held steady during the recession, very chariot when the vendors the way “” more people are coming on free- accident occurred that led connect on Facebook. admission days and spending less to his untimely demise. Members, equipped with a inside. WCS officials, who don’t Mr. Hawass wasn’t all smiles at password, can log on to view expect that behavior to change a press conference introducing the current fashion lines and soon, are trying to expand their exhibit last week. He complained communicate with participating traditional audience of families that Times Square is too designers. with young children to include commercial for such a grand In just five weeks, Joor has “nature escapists.” display of antiquities; he would signed up 115 designers, have preferred the Metropolitan including Tracy Reese, Steven Museum of Art (site of the 1979 Alan and Shoshanna, and 500 boutiques such as Olive & Bette’s and Otte. Brands pay AFFORDABLE HOUSING $7,500 or less annually, depending on size. Founder MEKA, a Caribbean company and former fashion buyer that produces eco-friendly, Mona Bijoor is hoping to portable homes made of ship- reach 1,000 designers and ping containers, is seeking a 7,500 stores globally.“If you lot—possibly along the Long can see the collections in one “We want more people to come Island Expressway—to park its place, that becomes much more to the zoo and the aquarium, to modular models. A furnished, efficient” for buyers, she says, come back more frequently, and to 320-square-foot studio costs noting that the site focuses on view their visits beyond the most about $30,000. contemporary labels with obvious experience with our wholesale prices between $100 and animals,” says Bob Moskovitz, head $400. “And brands don’t have to of business development for the fax look-books or put them in the WCS.The nonprofit is spending mail.” $400,000 on the campaign this Ms. Bijoor will not reveal her spring and plans to extend it for investment, but says creating such multiple seasons. a venture “can typically cost anywhere from $750,000 to $1 Contributors: Lisa Fickenscher, Adrianne million in the first year.” Pasquarelli, Miriam Kreinin Souccar

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cut his own staff to eliminate redundancy, but he does say, “You do have to wonder [under Mr. Liu’s OFF-TRACK BERATING A horse ploy THE INSIDER scenario] what happens to the first THE LAST-MINUTE self- part of our name.” preservation plan that kept New by Erik Engquist, Daniel Massey and Jeremy Smerd IBO is independent because York City Off-Track Betting alive both its funding ($4 million could sustain the operation for a annually) and the appointment of year, but legislative action will be its director are insulated from needed in 60 to 90 days to politics. prevent casualties in the horse- “We don’t have to look over our racing industry, an insider says. shoulder,” Mr.Turetsky says. The first victims might be the

Is city comptroller Not yet, anyway. bloomberg news New York Racing Association and Saratoga’s racing season, followed perhaps by Monticello. All depend ‘Draft Thompson’ on a healthy OTB for revenue. out of comptrol? The Legislature’s failure to act has kept OTB from issuing the bonds it efforts continue needs to fund an overhaul and remake itself into a profitable, secure entity. To manage cash flow, OTB is shutting dozens of betting parlors and withholding ity comptroller John Liu’s outside-the-box a movement to draft William subsidy payments to in-state tracks on races conducted outside New York, suggestions last week on revising the City Thompson (right) which account for two-thirds of bets by city customers. That will defer $3.5 Charter bewildered many Democrats. as Andrew Cuomo’s million a month in expenses, but eventually, OTB will have to pay up. “This is him saying our approach to charter running mate is A bill had been drafted in response to OTB’s bankruptcy filing and cry for revision is ‘get us more power,’ ” one insider says. not dead, even help, but it was not close to what the betting corporation sought, and it was though former anathema to the union representing OTB workers. “The Legislature called it a CMr. Liu called for the comptroller to absorb the Independent Thompson bloomberg news bailout bill, but really, it was a slow-death bill or a Trojan horse,” says the insider. Budget Office, usurp the mayor’s revenue- campaign manager Eddie Castel The measure would have reduced OTB’s payments to tracks by a mere projecting role and replace the public advocate in insists that the ex-comptroller has 15% while wiping out more of the work force than the union could tolerate. As the mayoral line of succession. Democrats had no interest in being lieutenant a result, the union devoted its energy to killing the bill rather than to governor. promoting legislation that it and OTB supported. hoped to unite around broader policies such as An insider believes that Mr. Will the state Senate and Assembly craft a new compromise? The insider reforming the Civilian Complaint Review Board Cuomo would prefer Mr. says that NYRA and the tracks that depend on OTB will push lawmakers to and the land-use process. Thompson over Adolfo Carrión, who act. “The political pressure will build for a solution, because those guys need “This is arguably the first unforced error is eyeing the position, the Daily the money,” the source says. News reported. But coming up with that solution will take more cooperation than by Liu,” another insider says. “It was Mr.Thompson, chief stakeholders have demonstrated so far. “This was one of the worst examples just a tone-deaf move.” administrative officer at Siebert of how Albany functions,” says the source. “The entire industry came in, one IBO officials panned Mr. Liu’s Brandford Shank, and Mr. Carrión, by one, saying, ‘Don’t do anything to me; screw the other guy.’ ” President Barack Obama’s urban call for their budget-research policy czar, could square off in the agency to be folded into his office. 2013 Democratic mayoral primary. Wine-sales plan Harlem pals Rodney Capel, a senior The comptroller says the move “If I’m Billy, I’d be worried,” the vice president at Mercury Public would eliminate redundancy and insider says. “If Carrión becomes DOA at DOB? Affairs, and Larry Scott Blackmon,a LG, it gives him two years to deputy parks commissioner, are also save money. IBO spokesman Doug schmooze with city politicians and the state Division of the Budget eyeing Mr. Perkins’ seat. Turetsky won’t suggest that Mr. Liu increase his stature.” has yet to estimate the revenue that If all three take a pass, they’ll buck ennis would be generated by a revamped back another challenger, says Mr. proposal for selling wine in Smikle, who blames Mr. Perkins for supermarkets unveiled by Gov. willfully ignoring charter schools’ David Paterson last week. success. He sees 2010 as an Opponents conclude that the opportunity for insurgents. measure is dead on arrival. “To go “This is probably the most forward with a new plan without vulnerable [that incumbents] will DOB running the numbers speaks be for quite a while,” Mr. Smikle volumes,” says their spokesman, says. In 2012, with Andrew Cuomo Michael McKeon. settled in as governor and President Barack Obama running for re- election, “people will want to keep 12 votes the status quo and not upset the for tax hikes boat too much.” if the dozen City Council members who recently formed a Another test Progressive Caucus had left any for deputy mayor doubt about whether they favor tax hikes or service cuts to balance the deputy mayor Linda Gibbs’ attempt city budget, it was erased by a to reorganize seniors’ services survey they began sending failed, and the homeless-shelter constituents last week. population—part of her It asks if the council portfolio—has risen. So should “protect vital she has a lot riding on last services like education, week’s appointment of police, fire and the social Homeless Services safety net, and ask for a Commissioner Seth little more from those Diamond and her planned who can afford to pay,” overhaul of contracting or, alternatively,“make nyc.gov procedures. cuts to essential services in order to Yet one nonprofit executive avoid raising taxes.” says Ms. Gibbs (above) remains on good terms with Mayor regardless of how her What’s Perk-olating initiatives fare. for Harlem senator “She manages up better than she manages down,” the executive democratic consultant Basil says, alluding to her cool Smikle Jr. plans to decide in the next relationships with subordinates two weeks whether to challenge and nonprofit providers. The state Sen. Bill Perkins,D- hard-driving Ms. Gibbs is not Manhattan. His politically active known for diplomacy. 

8 | Crain’s New York Business | April 26, 2010 CN013585 3/26/10 11:21 AM Page 1 20100426-NEWS--0010-NAT-CCI-CN_-- 4/23/2010 2:51 PM Page 1

VIEWPOINT Easy does it on financial reform editor in chief Rance Crain publisher, vp Jill R. Kaplan all street is facing a nearly proprietary trading operations for their own profit. We agree EDITORIAL perfect storm as it tries to fend that banks should not take FDIC-insured deposits and run editor Xana Antunes managing editor Glenn Coleman off excessive regulation. off to the casinos. But the solution is to regulate trading to deputy managing editors Valerie Block, President Barack Obama, newly ensure that losses would not wipe out a bank’s commercial Erik Ipsen contributing editor empowered by his victory on deposits, not to force Chase Bank and J.P.Morgan to de- Elizabeth MacBride health care reform, is proposing columnists Greg David, Alair Townsend merge or to shut down Citigroup’s lucrative trading desks. politics editor Erik Engquist changes that would curtail the Mr. Obama’s plan to hit big banks with a new tax that pulse editor Barbara Benson senior reporters Theresa Agovino, activities—and profits—of the financial sector. Americans applies to no other industry strikes us as unfair retribution Aaron Elstein, Lisa Fickenscher, grappling with 10% unemployment want Congress to rein in for the politically unpopular bailout—in which some banks Matthew Flamm, Miriam Kreinin Souccar W reporters James Comtois, Amanda Fung, evil bankers who had the gall to make $60 billion last year, were forced by Washington to participate. Struggling Daniel Massey, Adrianne Pasquarelli, with a helping hand from the federal government. airlines or automakers weren’t hit with punitive taxes after Hilary Potkewitz, Jeremy Smerd art director Steven Krupinski The public’s anger has been stoked most recently by a financial rescues by the deputy art directors Carolyn McClain, Securities and Exchange Commission lawsuit charging government. If banks Daniel Mednick What’s bad for staff photographer Buck Ennis Goldman Sachs with creating an investment vehicle designed are making big profits, copy desk chief Wendy Zuckerman banks is bad copy editor Thaddeus Rutkowski to fail so a billionaire client could against it. Even New they should pay the research editor Denise Southwood York’s delegation, led by former Wall Street cheerleader Sen. same taxes that any assistant research editor Maia Blume for New York— editorial/research intern Charles Schumer, is on the regulation bandwagon. other successful Selena Shen Certainly, something will be—and should be—changed. and the U.S. business would. www.crainsnewyork.com web editor Brian Tracey Another meltdown like the one we saw in 2008, followed by A new consumer senior producer Elisabeth Butler Cordova a taxpayer-funded bailout, is inevitable if derivatives traders protection agency producer Kira Bindrim and concocters of exotic, highly leveraged bets continue to proposed by the EDITORIAL AND ADVERTISING OFFICES 711 Third Ave., New York, NY 10017-5806 operate in a Wild West atmosphere.That would be bad for president seems editorial: 212.210.0277 Fax 212.210.0799 the nation and for the Street. inevitable, but it must be established in such a way that advertising: 212.210.0259 Cable craincom nyk But the White House and Congress are poised to go too existing federal pre-emption of state regulation and Fax 212.210.0499 far. Mr. Obama has rightly determined that to arbitrarily enforcement are preserved. It would make no sense to Entire contents ©copyright 2010 Crain Communications Inc. All rights reserved. break up “too big to fail” institutions is unwise, yet there are hamstring the financial sector with a new patchwork of ®CityBusiness is a registered trademark of MCP elements of his and the congressional reform plans that varying state regulations. Inc., used under license agreement. would lead New York-based banks to spin off lucrative With so much at stake for New York’s economy, Congress TO SUBSCRIBE: Call 888.909.9111; fax 313.446.6777. divisions and ship them overseas.The risk to the is coming up with reforms that seem a response to shifting $3.00 a copy, $59.79 one year, $109.79 two years. international financial system would remain; all that would political winds—a development that has rightly alarmed www.crainsnewyork.com be lost are jobs and tax revenue for New York. Mayor Michael Bloomberg. New York’s elected officials ADVERTISING AND MARKETING The White House-backed “Volcker Rule” would ban should insist on regulations that prevent crises and bailouts advertising director Trish Henry real estate sales manager Cornelius P. Gore banks from investing in hedge funds, private equity funds or but don’t unnecessarily punish their home state. senior account managers Irene Irvill, Courtney McCombs, William E. Squitieri account executive Anthony Mowad sales manager, classified print & online John Gallagher CRAIN’S ONLINE POLL COMMENTS sales coordinator, print & online Lulé Haznedari newsletter product manager SHOULD PEDRO ESPADA Alexis Barney credit Todd J. Masura 313.446.6097 JR. RESIGN FROM THE marketing director Amy Crossman Escape from Planet Albany director, audience development STATE SENATE? John LaMarca WALL STREET AND THE LEGISLATURE: the current crowd in Albany continues to be senior audience development manager Date of poll: April 21 DUMB AND DUMBER not dysfunctional but nonfunctional. Tarek Cotran 261 votes —george russell general manager, interactive columnist alair townsend is right on the President Marc Minardo mark (“Just say no to helpful bankers,” April The Private Office Inc. web developer, interactive 12). New York State legislators should not be Rye Brook, N.Y. Chris O’Donnell allowed in close proximity to any “helpful NEW YORK PRODUCTION bankers” unless properly chaperoned. EXPANSIVE THINKING production and pre-press director When will we demand that our legislators Michael Corsi Yes. He is alleged come up with real solutions to our budget crisis here’s some recommended reading for advertising production manager to have pilfered Suzanne Fleischman Wies millions from the instead of resorting to yet another game that columnist Greg David: the map in the New nonprofit he just kicks the problem down the road? It’s also York University catalog showing the existing PUBLISHED BY CRAIN COMMUNICATIONS INC. founded. clear that Wall Street bankers still don’t get it— 67—yes, that’s 67—buildings on what the chairman Keith E. Crain they’re champing at the bit to lead our school calls its Washington Square Campus president Rance Crain legislature down the garden once again, (“NYU’s expansion and the future of NY,” secretary Merrilee Crain collect fat fees and leave our children and March 29). Notice how it seems to extend from treasurer Mary Kay Crain grandchildren to address the resulting mess. Union Square to . (Not executive vp, operations William Morrow . senior vp, group publisher Gloria Scoby 84% It’s pretty scary, this budget disaster. I spent included is the recently acquired Forbes group vp, technology, circulation, a day on Planet Albany several weeks ago.The Building.) If one were to add other local manufacturing Robert C. Adams arrogance and doublespeak were overpowering. institutions of higher education—New School vice president/production & The “business needs this and business needs University and Yeshiva University’s Benjamin manufacturing David Kamis chief information officer Paul Dalpiaz No. Innocent that” approach to policy persuasion is, in my N. Cardozo School of Law—and throw their corporate circulation/audience 16% . until proven opinion, doomed to failure.The folks there do possible expansionist aspirations into the mix, development director Kathy Henry guilty. there might not be much left of the historic not give one whit about business. founder G.D. Crain Jr. (1885-1973)

newscom We are the 49th worst state in which to that attracted students here chairman Mrs. G.D. Crain Jr. (1911-1996) For this week’s questions: Go to engage in commerce, and if Gov. Christie in in the first place. www.crainsnewyork.com/poll to have your say. New Jersey achieves some success there, New —carol greitzer York will grab the uncontested 50th position as Former City Council member

10 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0011-NAT-CCI-CN_-- 4/22/2010 7:21 PM Page 1

OPINION

A recent report by New York’s Primary Care Coalition reveals that Time to harness New York’s families, businesses and government could save at least $10 billion per year by reducing hospi- talizations to the national average NY health reform level and cutting down on nonemer- gency ER usage. But those savings are possible only if New York invests in good-quality primary care. The BY RONDA KOTELCHUCK AND ELIZABETH SWAIN state has taken some significant steps, but it must do more to count- nder the new federal health reform law, 1.8 mil- er years of underinvestment. lion New Yorkers are projected to gain health in- Thankfully, the health reform surance as early as 2014,and they will expect good, law not only increases coverage; it also provides incentives to states affordable health care. But if we don’t transform that make smart choices to improve our broken health care systems, we could all face quality and reduce costs. These in- higher costs and less access. clude higher payments for primary U care physicians, loan forgiveness for When Massachusetts expanded health insurance to cover medical students who practice pri- 97% of its residents, demand for primary care skyrocketed, and mary care, major investments in community health centers, and op- doctors couldn’t keep up. Patients are financially unstable. portunities to test innovative health now wait months for appointments, While a quarter of New Yorkers care models that reward quality and half of all primary care physicians suffer from a chronic illness, such as outcomes over the quantity of tests have closed their practices to new diabetes, heart disease or asthma, and procedures. patients, and emergency room use these illnesses account for at least Health reform is our last, best has reached an all-time high.Mean- $100 billion—well over half of our opportunity to overcome years of Steven Mayer, CPA while, costs continue to soar for annual $160 billion health care tab. neglect in primary care and prepare 6 East 43rd Street families, businesses and the state. (New York ranks fourth-highest in us for the surge of newly insured pa- New York, NY 10017 New York’s primary care system the nation in per-capita health tients just around the corner. We www.amper.com 212.682.1600 is already in crisis. More than 5 mil- spending.) must take full advantage of this op- “Seeing Beyond the Numbers...”sm [email protected] lion New Yorkers live in commu- That’s mostly because patients portunity.The alternative—our cur- nities without ready access to pri- are forced to rely on emergency rent system—is barely sustainable mary care.The New York Medicaid rooms and inpatient care for condi- now. Under the weight of 1.8 mil- program has historically paid pri- tions that could easily be prevented lion new users, it could collapse. mary care doctors 40% less than the or managed through primary care,if U.S. average, and private insurance it were available. Fully 30% of New Ronda Kotelchuck is executive director of rates are not much better.Many pri- York’s ER visits are for nonemer- the Primary Care Development Corp. mary care practice sites are outdat- gencies, and New York ranks sec- Elizabeth Swain is chief executive of the ed, and more than 40% of health ond-worst in the nation in avoidable Community Health Care Association of centers in low-income communities hospital use and cost. New York State.

public purposes such as roads, schools, parks and airports. In Kelo, An eminent name the Supreme Court said it was con- stitutional for states and cities to take private property on behalf of private interests for a public purpose in domain debate such as improving the economy. The complications are obvious. n the aftermath of the 2005 U.S. Supreme Court de- The government is putting the in- terests of one private party, in this cision on eminent domain—the famous Kelo v. City of case Atlantic Yards developer Forest New London case—I tried to explain my uncertain views City Ratner, above those of another, on the topic in a Dec. 5 column: in this case some existing Brooklyn residents and businesses. “The once-esoteric legal doctrine of eminent domain Critics of the Kelo decision say Ihas put me in the middle of an unusual lobbying blitz. On one that the doctrine is unfair and creates side are people who support important development projects opportunities for abuse by powerful like Atlantic Yards in Brooklyn or the expansion of Columbia interests and that developers like Forest City can and should use their resources to buy out the other parties. University, both of we will get nothing But Mr. Goldstein wasn’t inter- which will need to in- accomplished in this ested in the money. He grudgingly volve eminent domain. city!” sold his condo last week only be- On the other is my I always tell that sto- cause his choice was to accept a $3 daughter,who has taken ry to my class on the million offer today and move out in up the issue as part of New York City econo- two weeks or wait two months for a her American govern- my when we study com- court to evict him and award him ment class and is sure mercial development less money. He could have gotten eminent domain needs issues. Then I explain much more months ago, maybe to be outlawed. More how the indomitable years ago. and more, I think my Brooklyn gadfly Daniel He didn’t do that because his daughter is right.” GREG Goldstein—who last mission was to impose his vision of At 9:30 that Mon- DAVID week finally gave up his what was best for Brooklyn, even day morning,my phone long fight to stop the though New Yorkers, through their rang. “Hold for Mayor Atlantic Yards proj- political process, had decided that Bloomberg.” Then came the voice, ect—convinced me the mayor was Atlantic Yards was in the best inter- unmistakable and firm. “I couldn’t right. est of the city. disagree with you more,’’ the may- Historically,eminent domain al- Without eminent domain, he or said.“Without eminent domain, lowed governments to seize land for would have succeeded.

April 26, 2010 | Crain’s New York Business | 11 20100426-NEWS--0012-NAT-CCI-CN_-- 4/22/2010 5:39 PM Page 1

REAL ESTATE DEALS PLUS

to $25.52 a square foot,according to STILL RISING It’s better in the boroughs CoStar. That compares with a 21% swoon, to $42.61 a square foot, in Manhattan. 7.9%, from 6.8% a year earlier. Landlords in the boroughs are he office markets in the outer boroughs are a big pricing edge 13.9% Many of the tenants in the bor- keen to maintain to MANHATTAN OFFICE availability weathering the recession much better than oughs are from the government, educa- compensate for their less central lo- rate in first-quarter 2010 Manhattan’s.That’s because the bridge-and- tion and health care sectors,which have cales. “They still need to remain tunnel buildings cater mostly to local firms, not all fared better in the downturn than competitive,”says Aaron Jodka,sen- the financial industry. Anywhere ior real estate economist at CoStar. the battered, Manhattan-centric financial from a quarter to a third of tenants in Mr. Jodka also notes that there +0.9 industry, according to an economist at the CoStar Group. Manhattan are tied to Wall Street. are fewer options in the boroughs, PERCENTAGE-POINT T increase from a year earlier The average vacancy rate for Brooklyn, Queens and Staten The weak economy is, however, where office space totals 66 million evident in rents in the boroughs. square feet, compared with Man- Island fell to 6.1% in the first quarter of 2010,from 7.8% a year Source: CresaPartners New York Rents in Brooklyn, Queens and hattan’s total of 536 million square earlier. CoStar doesn’t track buildings in the Bronx. In contrast, Staten Island slipped 7% in the first feet of office space. Manhattan’s vacancy rate went in the other direction, rising to quarter from the year-earlier period, —theresa agovino Marchon grabs another floor one of the world’s largest manu- facturers and distributors of eye- glasses and sunglasses is expanding its midtown footprint by nearly 6,700 square feet. Marchon Eyewear Inc. has signed a 10-year renewal and expan- sion for a total of 22,200 square feet at 8 W. 40th St. According to the CoStar Group, the average asking rent at the build- ing is $43 per square foot. Previously, the company occu- pied just over 15,500 square feet in the building, which is just off Fifth Avenue. 8 W. 40th St. Snezana An- derson and Leon- ard DiMicelli of CB Richard Ellis Inc. represented the tenant. “Marchon needed to expand its footprint to meet its growth expec- tations,” says Ms. Anderson. “We had explored the market extensive- ly before they committed to the ex- isting building.The current location works so well for them, and the landlord has been very cooperative.” Dennis Brady and Fran Delgorio of Resnick represented landlord Jack Resnick & Sons. —james comtois Germans tea up in Rock Center tourists planning to visit Rock- efeller Center this summer should budget an extra few minutes for tea. TeaGschwendner, a 30-year-old German chain with 140 locations around the world, recently signed a five-year lease for nearly 400 square Delivering a sharply-focused solution feet at 620 Fifth Ave., facing Rocke- feller Center’s Channel Gardens. to keep Verisk Analytics thriving. The asking rent for the heavy-traf- fic location was nearly $1,000 a square foot, according to sources. Verisk Analytics, Inc., a highly successful risk assessment and decision analytics The company is also in negotia- company, was looking to source additional capital for its growth. Choosing from our tion for a second lease on comprehensive suite of capabilities, we assembled precisely the solution Verisk on the Upper West Side. needed, providing a $420 million loan syndication to help keep its business thriving. “We will probably open six to Learn how we can provide solutions focused on your business. For insightful guidance eight additional locations in Man- hattan over the next couple of years, at every turn, call Thomas Carley at 212.796.6947. along with some in the boroughs,” says Joe Capp, vice president for Rubik’s Cube® used by permission of Seven Towns Ltd. www.rubiks.com North America. “Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed Landlord Tishman Speyer was globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the , Banc of America Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, which are both represented by Patrick Breslin of registered broker-dealers and members of FINRA and SIPC,and, in other jurisdictions, locally registered entities. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured • May Lose Value • Are Not Grubb & Ellis, and TeaGschwend- Bank Guaranteed. ©2010 Bank of America Corporation AR66336 ner was represented in-house. —adrianne pasquarelli

12 | Crain’s New York Business | April 26, 2010 Project3:fp template.qxd 4/21/10 5:06 PM Page 1

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NEIGHBORHOOD JOURNAL Bronx merchants’ artsy ambitions

5,000-square-foot space on Tremont cial strip, but the Westchester Try to land arts council in hope it will bring Avenue that until last year housed a Square Merchants Association is foot traffic and buzz; aping Washington Mutual branch. pulling out all the stops to land an So when the Bronx Council on artsy new neighbor. at-the-heels town square into a the Arts started jockeying to acquire “We are working on this whole- BY HILARY POTKEWITZ nexus of art and commerce—and the building and relocate its head- heartedly,” says Greg Perry, owner not a moment too soon. quarters there from nearby Morris of Crown Trophy on the square and usiness and community A three-alarm fire destroyed six Park,local merchants’ears perked up. president of the Merchants Associ-

leaders in the Bronx businesses on the square last spring, To some businesspeople, the ar- ation. He predicts that the council bonilla leenda neighborhood of West- and a handful of empty storefronts at- rival of a nonprofit arts organization will bring artists and performances ROLLING ALONG: The Culture Trolley is one of chester Square are trying test to the community’s struggles dur- with just 20 employees might not to the space, which will boost foot several initiatives overseen by the arts council. Bto transform their down- ing the recession. Among them is a seem like a huge boon to a commer- traffic in the neighborhood. “We’re trying to show everyone that we’re building a foundation to give people a purpose for coming to the square.” The bank branch has a wall of on two sides, ideal for dis- playing art and other exhibits, notes Bronx Community Board 10 Dis- trict Manager Kenneth Kearns. “It occupies a prominent corner and could showcase the work of lo- cal artists and draw attention to the community,”he says,comparing the space’s potential impact to that pro- Work. duced by Lincoln Center on the West Side 40 years ago. The arts group has already planned its outdoor festival in the area, called Fair at the Square, May It’s a force that continues 15. Last year’s event drew over 500 people. Bronx Council on the Arts Managing Director Deirdre Scott to change the world. says that based on wider participa- tion in promotions by community partners, she expects this year’s fair to draw more than 1,000 people. Outgrowing its home the bronx council on the Arts has been looking for a new headquarters for some time, having long ago out- grown its current facilities in Morris Park, where it’s splintered into sev- eral buildings and has only about 2,500 square feet of space. “We are running as fast as we can to try to secure this location,”says Ms. Scott. “Our organization is going to be 50 years old in 2012, and we really want to grow a lot of the programs.” The move is not a foregone con- clusion,however.As a nonprofit,the arts organization doesn’t have the deep pockets that the bank build- ing’s owner, J.P. Morgan Chase, would probably prefer.The bank ini- tially wanted to complete a sale of the building by the end of 2009, but the organization appealed to local leaders such as Councilman James Vacca, Congressmen Joseph Crow- ley and José Serrano, and Ruben Diaz Jr. for help. Mr. Vacca helped secure a grant of about $630,000 from the City Council, enough for the down pay- ment on the property,but that mon- ey is in the 2011 budget and won’t be accessible until July. Mr. Crowley Powerful forces are at work around the world today. Forcing worked with bank officials to extend employers to ask some difficult questions of their talent strategy. their deadline, and the council is in high gear to obtain all the approvals Right Management can help your company keep pace by making and schematics. The grant still re- sure your talent strategy aligns with your business strategy. Get quires City Council approval, this right, and it can accelerate performance throughout your though Mr. Vacca has said it’s his top budget request for next year. organization. The world of work is changing. Is your company Acquiring the building is just the ready? Sample our thinking on the subject at Right.com/work first step, however. Ms. Scott esti- mates that she’ll need to invest about $700,000 in renovations before it’s ready for the council to move in. 

14 | Crain’s New York Business | April 26, 2010 WE MADE SURE THIS DIDN’T. THIS WE MADE SURE A LOT OF THINGS CAN HAPPEN IN A MAJOR STORM. IN A MAJOR HAPPEN CAN THINGS OF A LOT COMMERCIAL AUTO COMMERCIAL WORKERS COMPENSATION WORKERS LIABILITY PROPERTY PROPERTY When our customer’s frozen seafood warehouse was hit by a major storm, it sustained significant it sustained a major storm, hit by was warehouse seafood frozen When our customer’s but the restaurants that depend Jeopardizing not only the inventory, roof damage and lost power. impact, our claims experts wereon it. So while other companies assessing the storm’s still were preserve to trucks plus fuel, the fish. already arranging repairs and securing for refrigerated claims in a timely fashion, your or paying informed, you keeping responding quickly, it’s Whether our and after That’s business before adversity committed your strikes. protect helping you to we’re libertymutualgroup.com/property. or visit or agent broker contact your more information, For policy.

© 2010 Liberty Mutual Group. Project5:fp template.qxd 4/16/10 4:07 PM Page 1 Page PM 4:07 4/16/10 template.qxd Project5:fp 20100426-NEWS--0016-NAT-CCI-CN_-- 4/22/2010 5:41 PM Page 1

SMALL BUSINESS

BY THE NUMBERS: Adler Perotte sees ‘Quants’ crave creativity over cash entrepreneurism as a way to improve things. facing the ethical cloud hanging who wants to take a job Schools urge math whizzes to step off Street; over finance—more students are con- that will prepare him to opt for tech firms’ tasty tasks, flexible skeds sidering jobs in the tech communi- run his own firm. “Be- ty.That blossoming interest is being ing an entrepreneur is field with broad applicability. He’d encouraged by professors at schools attractive because there BY EMILY LAERMER be snapped up by a Wall Street bank such as New York University and are so many things that and move into the ranks of highly , who see help- can be improved.” buck ennis n times past, Adler Per- paid quantitative analysts, or ing tech startups as a way to diversi- Chris Wiggins,a professor of ap- figures. Starting pay at a tech shop otte’s career path would have “quants.” fy the economy. plied math at Columbia, says that for a grad like Mr.Perotte is likely to been pretty clear. He’d grad- But Mr. Perotte, and other stu- many of his students would rather be less than $60,000. uate from Columbia with an dents like him, are considering an- So many options work creatively than make big bucks Mr. Wiggins and Evan Korth, a advanced degree in biomed- other way.Having come of age in the “the work environment is more on the Street, where bonuses can clinical associate professor of com- Iical informatics, a numbers-based era of Internet entrepreneurs—and important to me,” says Mr. Perotte, push compensation well into the six puter science at NYU, have teamed up to show students just how much fun life at a tech startup can be. In early April, about 150 stu- dents from dozens of universities at- tended a Hackathon at NYU. Stu- dents competed from Friday night to Saturday night to develop appli- cations to supplement sites for firms including Foursquare and 10gen. RUN YOUR Messrs.Wiggins and Korth con- nect students to local entrepreneurs through internship programs and meet-ups. Representatives from Snooth, a wine encyclopedia, pre- sented their issue at a meet-up:find- BUSINESS. ing a way to make recommendations to users based on their previous rankings of wines. Part of the pitch is that jobs off the Street can be more satisfying. DON’T RUN Tom Quisel—a software engineer at dating website OKCupid.com, who challenged students to come up with a better way to match users—sees TO THE BANK. his job as helping people. “I definitely feel better about what I’m doing than those [I know] • FREE High-Performance TD Bank in the finance area,” he says. BusinessDirect Online Banking Snag ’em with the good stuff entrepreneurs looking to attract • Real-Time Information these students should highlight the mentors,flexible workplaces and in- & Transactions teresting problems to be found in the startup world.Even in a loose la- • E-Statements & Check Images bor market, people like Greg Detre, a Princeton Ph.D. student in psy- • Tiered Levels of Access chology and neuroscience, are likely to be in demand. • ACH, Wire & Mr. Detre got his first taste of startup life when he was 18. After a Bill Payment miserable few months at an ac- counting firm, he joined a small graphic-design business. “The time I spent working for the design startup planted that [entre- preneurial] seed in my mind,” says THREE YEARS IN A ROW! Mr.Detre,who now runs his own ed- “Highest in Customer Satisfaction with Small Business Banking” ucational software firm, Memrise. – J.D. Power and Associates Of course, for every Mr. Perotte or Mr. Detre, there is a Chris Lemoine. The SUNY Binghamton computer science major got a job of- Visit your nearest TD Bank, connect to www.tdbank.com fer from Citigroup before Thanks- or call 1-888-751-9000 and open a business account today. giving; the salary and benefits con- vinced him to sign on the dotted line. “[The corporate training] really makes you a valuable asset in the market,” Mr. Lemoine says. If, he says, he had the opportuni- ty for nurturing, hands-on experi- ences at a startup, he would consid- er cashing his final Wall Street check and joining such a firm.  To sign up for Crain’s twice-weekly SMALL BUSINESS TD Bank N.A., formerly Commerce Bank, received the highest numerical score in the proprietary J.D. Power and Associates 2007-2009 Small Business Banking Satisfaction StudiesSM. 2009 study based on 7,226 NEWSLETTER, go to total responses, measuring 27 fi nancial institutions and measures opinions of small business customers with annual revenues from $100,000 to $10 million. Proprietary study results are based on experiences and perceptions of customers surveyed in July-August 2009. Your experiences may vary. Visit jdpower.com. Some restrictions and fees may apply; check your account agreement for more information. | TD Bank, N.A. www.crainsnewyork.com/smallbiz

16 | Crain’s New York Business | April 26, 2010 ADVERTISING SUPPLEMENTCRAIN’S TO CRAIN’S 2010 NEW YORK BUSINESS MEETING PLANNER’S Guide

DETAILED LISTINGS OF: CONFERENCE CENTERS VENUES NYC HOTELS

The 2010 Meeting Planners Guide was produced as an advertising supplement by the marketing department of Crain’s New York Business.

For information on advertising or for inquiries regarding the 2011 guide, please contact Alexis Barney at 212-210-0701 or [email protected]

meetingplanner.indd 1 4/21/10 3:20:54 PM meeting planner’s guide 2010

in lounges. Complimentary continu- DORAL ARROWWOOD EXECUTIVE CONFERENCE CENTER AT THE HILTON PEARL RIVER Conference ous beverage service. Optional cater- 45 minutes north of midtown Man- SHERATON NEW YORK & TOWERS 15 minutes from the George Wash- ing. No service charges and no guest hattan. 373 guest rooms, 33 meeting Conference center with high-speed ington and Tappan Zee bridges on Centers room commitment required. rooms, 3 restaurants, golf course, Internet access. 25,000 square feet the Bergen County border. 150 newly Address: 1601 Broadway at 48th Street, indoor and outdoor pools, fi tness of fl exible meeting space. Executive appointed guest rooms and 22,000 New York, NY 10019 center, tennis courts, team building meeting specialist program dedicated square feet of function space. High- ADRIA HOTEL & CONFERENCE CENTER Phone: (212) 903-8262 and spa services. to group. Redesigned hotel guest speed wireless Internet. Full-service 5 conference rooms ranging from 640 Contact: John Murphy Address: 975 Anderson Hill Road, Rye Brook, NY 10573 rooms and public spaces. audiovisual. to 3,360 square feet of meeting space. E-mail: [email protected] Phone: (914) 939-5500 Address: 811 Seventh Avenue, New York, NY 10019 Address: 500 Veterans Memorial Drive, Audiovisual equipment and high Web site: www.amaconferencecenters.org Contact: Jack Meehan Phone: (212) 841-6535 Pearl River, NY 10956 speed wireless Internet access. E-mail: [email protected] Contact: Marybeth O’Connor Phone: (845) 735-9000 Address: 221-17 Northern Blvd., Bayside, NY 11361 DANFORDS ON THE SOUND Web site: www.doralarrowwood.com E-mail: [email protected] Contact: Bob Herrmann, Director of Sales Phone: (718) 631-5900 Conference center with 12 meeting Web site: www.sheraton.com/newyork E-mail: [email protected] E-mail: [email protected] rooms, restaurant and marina. 86 DOWNTOWN CONFERENCE CENTER Web site: www.hiltonpearlriver.com Web site: www.adriahotelny.com rooms in the heart of a historic mari- 30 meeting rooms equaling 20,000 GLEN COVE MANSION HOTEL AND time village. Catering and meetings for square feet in New York’s fi nancial CONFERENCE CENTER LAURA PARSONS PRATT CONFERENCE ALICE TULLY HALL, LINCOLN CENTER business and leisure. district. 80-seat tiered amphitheater, Address: 200 Dosoris Lane, Glen Cove, NY 11542 CENTER Alice Tully Hall has undergone a Address: 25 E. Broadway, Port Jefferson, NY 11777 penthouse boardroom, on-site food Phone: (516) 671-6400 3 conference rooms accommodate major renovation featuring state-of- Phone: (631) 928-5200 or (800) 332-6367 and beverage services, technology and E-mail: [email protected] 26 to 74 people. Suitable for small the-art capabilities with exceptional Contact: Therese Coppola conference planning assistance. Web site: www.glencovemansion.com meetings or all-day conferences and acoustics, automated screen for fi lm E-mail: [email protected] Address: 157 William Street, New York, NY 10038 presentations. and other media presentations, all new Web site: www.danfords.com Phone: (212) 618-6998 or (877) 322-6338 HILTON GARDEN INN STATEN ISLAND/ Address: 281 Park Avenue South, New York, NY 10010 interior fi nishes, and exciting event Contact: Steve Weber, Director of Sales NEW YORK Phone: (212) 777-4800 ext. 300 spaces. The newly designed hall will DIGITAL SANDBOX NETWORK EVENT E-mail: [email protected] 30,000 square feet of meeting/confer- Contact: Emma Morales, Conference Center Coordinator ensure that Alice Tully Hall continues CENTERS Web site: www.downtownmeetings.com ence space, spa, indoor pool, 24-hour E-mail: [email protected] to be one of the most prestigious and A 24,000 square foot, fully wired facil- pantry, 150 guest rooms with Internet Web site: www.fpwa.org sought-after venues. ity with 6 separate meeting rooms or EDITH MACY CONFERENCE CENTER access. Lorenzo’s Restaurant, Bar and Address: 1941 Broadway, New York, NY 10023 2 large contiguous conference rooms 46 guest rooms, 6 studio suites, 7 Cabaret. Live jazz in lobby. Private LONG ISLAND MARRIOTT HOTEL AND Phone: (212) 875-5037 with seating for 400. State-of-the-art meeting rooms and 3 private meeting dining available. CONFERENCE CENTER Contact: Lisa Scotto videoconferencing, Internet connec- buildings. Full range of audiovisual Address: 1100 South Ave. at Lois Lane, Largest hotel on Long Island, with Email: [email protected] tivity and satellite accessibility. equipment, including T-1 Internet ac- Staten Island, NY 10314 more than 25,000 square feet of meet- Web site: www.lincolncenter.org/yourevent Address: 55 , New York, NY 10004 cess and videoconferencing capabilities. Phone: (718) 477-2400 ing space and 2 restaurants. Phone: (212) 482-0851 Address: 550 Chappaqua Road, Briarcliff Manor, NY 10510 Contact: Jessica R. Yaccarino, Corporate Sales Manager Address: 101 James Doolittle Blvd., Uniondale, NY 11553 AMA NEW YORK EXECUTIVE CONFERENCE Contact: Julia Di Dominicus E-mail: [email protected] CENTER Phone: (914) 945-8000 Phone: (516) 794-3800 E-mail: [email protected] Contact: Sherri Hoy, Director of Sales Web site: www.statenisland.hgi.com Contact: Tom Gundersen Meeting rooms can accommodate up Web site: www.digitalsandboxnetwork.com E-mail: [email protected] E-mail: [email protected] to 120. Executive chairs. High-speed Web site: www.edithmacy.com Web site: www.longislandmarriott.com Internet access. Complimentary Wi-Fi

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MILLENNIUM BROADWAY AND E-mail: [email protected] 57 SCREENING ROOM Address: 675 Hudson Street, New York, NY 10014 MILLENNIUM CONFERENCE CENTER Web site: www.coned.com/tlc Venues Exclusive multi-function event space Phone: (212) 699-2410 ACC-certifi ed. Newly renovated featuring a private 55 seat theater, Web site: www.brguestrestaurants.com meeting space, including the restored WILLIAMS RESTAURANT & CONFERENCE banquet room, full kitchen and bar! 206 SPRING STREET EVENTS . 43 meeting rooms CENTER Address: 140 West , New York, NY 10019 ABIGAIL ADAMS SMITH AUDITORIUM accommodating up to 700 people. A 3,000 square foot conference center. B.R. Guest’s private event space, Phone: (212) 765-0990 AND THE MOUNT VERNON HOTEL Separate fl oor for conference dining. Catering to groups of 200, fl exible housed in the former Fiamma restau- Contact: Pete Melnyk, Manager MUSEUM AND GARDEN 625 newly renovated guest rooms. seating styles and food from Williams rant, is a three-fl oor townhouse locatd Email: [email protected] A 2,300 square foot open space suitable Address: 145 West 44th Street, New York, NY 10036 restaurant. Training classes, conferences, in the heart of Soho accommodating Web site: www.57screeningroom.com for parties, meetings and concerts. Fea- Phone: (212) 789-7546 interviews, rehearsal dinners, after-wed- up to 185 guests seated or up to 260 tures street-level access, galley kitchen, Contact: Lisa Petersen ding breakfasts and other social events for a cocktail-style event. 675 BAR and Colonial-style garden and grounds E-mail: [email protected] Address: 52 William Street, New York, NY 10005 Address: 206 Spring Street at 6th Avenue 675 Bar is located in the Meatpacking surrounding historic house museum. Web site: www.millenniumhotels.com/millenniumnewyor Phone: (212) 859-2399 New York, NY 10012 District and offers a relaxed seeting Address: 417-421 E. 61st Street, New York, NY 10065 Contact: Heather Breitman Phone: (212) 331-0328 with vintage décor, billiards, board Phone: (212) 838-7225 NEW YORK CITY BAR ASSOCIATION E-mail: [email protected] Web site: www.brguestrestaurants.com games, DJs and inventive mixed drinks E-mail: [email protected] Landmark building with 10 confer- Web site: www.clubquarters.com for private events of up to 200 people. Web site: www.colonialdamesofamerica.org ence rooms, meeting hall seating for 400. Audiovisual services and on- premise catering. Address: 42 West 44th Street, New York, NY 10036 Phone: (212) 382-6637 Contact: Nicholas A. Marricco E-mail: [email protected] Web site: www.nycbar.org

NYC SEMINAR CENTER AND CONFERENCE CENTER Venue for technical or nontechnical seminars or conferences. Days, eve- nings and weekends. 16 rooms, with catering services available. Address: 71 West , New York, NY 10010 Phone: (800) 326-5494 Contact: Steven Shapiro President - Director of Sales & Marketing E-mail: [email protected] Web site: www.nycseminarcenter.com

PRACTISING LAW INSTITUTE Schoolroom seating for 250 in confer- ence center with adjacent lounge. Audiovisual booth, plasma screens and webcasting capabilities. Lectern computer mounting and projection of all presentations to projector screens. Food and beverage services and meet- ing supplies. Address: , New York, NY 10019 Phone: (212) 824-5700 Contact: Jesse Oelbaum E-mail: [email protected] Web site: www.pli.edu

ST. JOHN’S UNIVERSITY 20 meeting rooms and one audito- rium with capacity for 129 people. Audiovisual equipment available, as well as various catering options. Address: 101 Murray Street, New York, NY 10007 Phone: (212) 284- 7003 Contact: Paul S. Lazauskas E-mail: [email protected] Web site: www.stjohns.edu

TARRYTOWN HOUSE ESTATE & CONFERENCE CENTER 24 miles from Manhattan; accessible by train. 212 guest rooms, 30 meeting rooms, and the latest presentation and communication technology. Flexible executive-level conference space. Complete business center, sports and recreational facilities. Address: 49 E. Sunnyside Lane, Tarrytown, NY 10591 Phone: (914) 591-3104 Contact: Jennifer Cancro E-mail: [email protected] Web site: www.tarrytowngroup.com

THE LEARNING CENTER AT CON EDISON 20,000 square feet of meeting space. Auditorium holds up to 225. Breakout areas, classrooms, hands-on labs. Ad- justable lighting and comprehensive audiovisual capabilities. Address: 43-82 Vernon Blvd., Long Island City, NY 11101 Phone: (718) 425-6217 Contact: Henry Kolenovsky

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ALFREDO OF ROME Phone: (212) 769-5350 Address: 237 , New York, NY 10016 Phone: (201) 222-0090 Address: Pier 36 at , New York, NY 10002 Italian cuisine, award-winning wine list Contact: Audrey Isaac, Director of Sales & Marketing Phone: (212) 554-6507 Contact: Ivette Vasquez Phone: (212) 233.5050 and retro 1960’s design. Pri- E-mail: hostanevent.amnh.org Contact: Carolina Almonte,Sales & Catering Manager E-mail: [email protected] Contact: Bruce Radler, President vate rooms feature a mahogany bar and Web site: www.amnh.org/hostanevent E-mail: [email protected] Web site: www.azucarcubancuisine.com E-mail: [email protected] wine display and have audiovisual capa- Web site: www.chinagrillmgt.com Web site: www.basketballcity.com bilities. Accommodates 10 to 80 people ARENA BAGATELLE seated, 125 for cocktail receptions. Available for corporate or private ASTRA Transport yourself and your guests BATTERY GARDENS Address: 4 West 49th Street at , events. Stage-ready, with screens able Accommodates 120 guests with dancing to the South of France by hosting a Waterside facility offering a panoramic New York, NY 10020 to project Internet feeds or DVD for seated service and up to 300 guests party at Bagatelle. Bagatelle serves as view of New York Harbor, Ellis Is- Phone: (212) 397-0100 content. LED lights available in over for cocktails. Prices start at $75; a seated, the perfect backdrop for an intimate land and Lady Liberty. Patios and deck Contact: Laura Duhig, Banquet Sales Manager 16 million colors. Additional 2,000 three-course dinner starts at $150. party or a larger celebration of up to seating. Caters events for 12 to 1,200. E-mail: [email protected] square feet with 17 plasma screens, Address: 979 , New York, NY 10022 150 guests. Off-premise catering available. Web site: www.alfredos.com karaoke, and 6 private suites. Phone: (212) 644-9394 Address: 409 West 13th Street, New York, NY 10014 Address: Inside Battery Park (opposite 17 State St.), Address: 135 West 41st Street, New York, NY 10036 Contact: Gavin Murphy Phone: (212) 255-1933 ext. 10 New York, NY 10004 ALMOND NYC Phone: (212) 278-0988 E-mail: [email protected] Contact: Julia Kuratek, Event Director Phone: (212) 809-5508, ext. 12 The continued commitment to farm- Contact: Gina LaRochelle, Events Director Web site: www.charliepalmer.com E-mail: [email protected] Contact: Alex Miljkovic, Director of Marketing & Catering to-table food and friendly familial-like E-mail: [email protected] Web site: www.13thstreetentertainment.com E-mail: [email protected] service creates a warm atmosphere Web site: www.arenanyc.net ATLANTIC GRILL Web site: www.batterygardens.com perfect for groups over 10. Menus Treat your guests with starters such BARBETTA are reasonably priced and party areas ARTIE’S NEW YORK DELICATESSEN as Yellowtail and Salmon Tartare A palazzo-like interior and verdant BAYARD’S with pool table make this location Accommodates up to 100 seated for with Black Caviar Crème Fraiche and garden are available for large recep- Contemporary American cuisine. 9 the neighborhood gathering place for corporate events. Catering and party Blood Orange Ponzu and entrees like tions. For smaller parties, Barbetta private rooms available, accommodat- groups up to 200. trays available. Atrium accommodates the Horseradish-crusted Salmon with offers the patrician rooms of its land- ing small parties of 6 to 12 and larger Address: 21 East 22nd Street, New York, NY 10010 up to 50 for private events. Artichoke Ravioli, Oven Dried Toma- marked 1874 townhouses. Accommo- groups of 300 to 1,000. Phone: (212) 554-6507 Address: 2290 Broadway, New York, NY 10024 toes, and Wild Arugula. Atlantic Grill dates from 4 to 400 guests. Address: 1 Hanover Square, New York, NY 10004 Contact: Carolina Almonte Phone: (212) 579-5959 can accommodate parties of 10 to 60 Address: 321 West 46th Street, New York, NY 10036 Phone: (212) 514-9454 E-mail: [email protected] Contact: Jasmine Rivera for both lunch and dinner. Phone: (212) 246-9171 Contact: Doris Jimenez Web site: www.chinagrillmgt.com E-mail: [email protected] Address: 1341 Third Avenue, New York, NY 10075 Contact: Suzanna Gardijan E-mail: [email protected] Web site: www.alicart.com Phone: 212-988-9200 E-mail: [email protected] Web site: www.bayards.com AMERICAN MUSEUM OF NATURAL Web site: www.brguestrestaurants.com Web site: www.barbettarestaurant.com HISTORY ASIA DE CUBA BEACON RESTAURANT More than 40 exhibition halls, show- A long illuminated alabaster table AZUCAR BASKETBALL CITY Multilevel space that accommodates casing some of the greatest treasures anchors the bi-level seating area creating Accommodates both private and 64,000 square feet of open space up to 400 guests and can allow for and natural wonders of the world, are an intimate dining experience for 34 corporate events. Has spacious private with 30 foot+ ceilings, on site parking multiple bars and buffet stations. available for special events. guests. The sharing menu features an in- party room with authentic, unique and a deck on the . Can be Address: 25 West 56th Street, New York, NY 10019 Address: West and West, novative fusion of Asian and Latin Cui- Cuban menu and live entertainment. transformed from a premier basket- Phone: (212) 332-0501 New York, NY 10024 sine and the restaurant has a mezzanine Address: 495 Washington Blvd., Jersey City, NJ 07310 ball facility to a unique venue includ- Contact: Mirian Ortega, Special Events for cocktail parties up to 100 people. ing catered affairs.

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E-mail: [email protected] E-mail: [email protected] BROAD STREET BALLROOM visual equipment and catering. Address: 116 East 16th St., New York, NY 10003 Web site: www.beaconnyc.com Web site: www.patinagroup.com Multipurpose event space with big Address: 1000 Washington Ave., Brooklyn, NY 11225 Phone: (212) 244-3503 x208 bank look and in-house audiovisual Phone: (718) 398-2400 Contact: Daryl Zweben, Director of Events RACETRACK BRIDGEWATERS capabilities. Available for corporate Contact: Charles Krause Thoroughbred racing facility within Situated in the heart of the historic and private events. E-mail: [email protected] CAFE CENTRO park setting. Private dining rooms, and minutes Address: 41 Broad Street, New York, NY 10004 Web site: www.palmhouse.com Sophisticated French specialties and corporate tents, meeting space, LIRR from the fi nancial district. Mutiple Phone: (646) 624-2524 an air of 1930s Paris make Café Cen- station on site. indoor spaces accommodate 60-2500, Contact: Raquel Acosta, Director of Special Events BROTHER JIMMY’S BBQ tro one of Midtown’s most popular Address: 2150 Hempstead Avenue, Elmont, NY 11003 outdoor terrace 40-250. Ammenities E-mail: [email protected] Six unique locations in NYC with restaurants for corporate or private Phone: (888) 285-5961 such as ground fl oor load in, black out Web site: www.broadstreetballroom.com multiple spaces available that can ac- events. Café Centro enjoys easy access Contact: Deborah Solimine shades and valet parking are available. commodate up to 400 people for pri- from anywhere in and around the city, E-mail: [email protected] Address: 11 Fulton Street, New York, NY 10038 BROOKLYN BOTANIC GARDEN vate or semi-private corporate events, as well as on-site parking. Accommo- Web site: www.nyra.com Phone: (212) 608-7400 Expansive grounds with plantings business lunches, dinners and game dates 250 for seated events and 400 Contact: Cheryl Kahn Brocco, Director of Catering of cherry trees, roses and herbs and watches. A/V equipment, projection for cocktail receptions. BILL’S BAR & BURGER E-mail: [email protected] Japanese garden. The Palm House is a screen, merchandise and outside cater- Address: 200 Park Ave., New York, NY 10166 In the center of the Meatpacking Web site: www.theglaziergroup.com Beaux Arts-style pavilion with audio- ing also available. Phone: (212) 949-8248 District, serves up classic comfort food like griddled burgers, fresh cut fries, and hand-dipped milkshakes in a traditional bar and grill setting and can accommodate up to 75 people. Address: 22 at West 13th, New York, NY 10014 Phone: (212) 414-3003 Web site: www.brguestrestaurants.com A meeting that

BLUE FIN Located in the heart of Times Square, appeases everyone’s enjoy Blue Fin’s wide variety of seafood, sushi and raw bar offerings. Blue fi n can accommodate parties of requests, even accounting. 10 to 500 guests. Address: 1567 Broadway at Phone: (212) 918-1400 Conveniently located in the heart of Connecticut, halfway Web site: www.brguestrestaurants.com between New York City and Boston, Mohegan Sun will always BLUE WATER GRILL Host an elegant party at Blue Water exceed your expectations while diminishing your meeting cost. Grill’s central union square loca- tion with seafood, sushi and raw bar With 100,000 square feet of meeting facilities, a Mohegan Sun offernings. The main and private meeting includes free wireless Internet and 24-hour parking, dining rooms can accommodate 10 to 125 guests. plus premium catering and helpful service to make your event Address: 31 Union Square West at 16th Street Phone: (212) 675-9500 a memorable experience. So if big city prices are a problem, Web site: www.brguestrestaurants.com make Mohegan Sun the solution to your next big meeting. BOWLMOR LANES Bowlmor Lanes, the longest contigu- ously running bowling alley in the US, has been described as an art gallery Visit mohegansun.com/meeting-solution for more information you can bowl in. The Greenwich Vil- or contact hotel sales at 1.877.204.7100. lage landmark, established in 1938, is a hot spot for NYC hipsters. Perfect for Corporate events, Children’s Birthday Parties, or just a night out with friends- Bowlmor’s 42 lanes of glow-in-the- dark bowling are the ideal setting for any event. With complete catering and audiovisual capabilities, Bowlmor’s 2 fl oors of bowling hold 250 people each. Located on Bowlmor’s 5th fl oor is Carnival, a themed event space that can hold 600 guests and can be com- bined with any event on the lanes. Address: 110 University Place, New York, NY 10003 Phone: (212) 255-8188 E-mail: [email protected] Web site: www.bowlmor.com

BRASSERIE Award-winning interior with contem- porary and classic French brasserie fare. Entire restaurant or smaller private room available for 10 to 300. Address: 100 East , New York, NY 10022 Phone: (646) 465-5150 Contact: Leah Frederick, Catering Sales Manager E-mail: [email protected] Web site: www.patinagroup.com

BRASSERIE 8 1/2 Accommodates 300 for sit-down and 575 for receptions. Private room accommodates 160 for sit-down and 200 for receptions. Address: 9 West 57th Street, New York, NY 10019 Phone: (212) 829-9577 Contact: Stefan Watstein

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Contact: Sharon Colabello Address: 200 West 44th Street, New York, NY 10036 CARNIVALE outdoor restaurant and lounge is a programs, riverside meeting rooms and E-mail: [email protected] Phone: (212) 221-3800, ext. 225 Bowlmor Lanes is proud to present custom designed, glass-enclosed, waterfront reception spaces. Web site: www.patinagroup.com Contact: Penny Kaplan, Director of Special Events Carnival-our 16,000 square foot won- climate-controlled venue open early Address: West 23rd Street and the , E-mail: [email protected] derland of amusement. The nostalgia November 2010 through March. New York, NY 10011 CAFE FIORELLO Web site: www.alicart.com of Coney Island meets the style and Phone: (212) 661-6640 x107 Phone: (212) 336-6777 A classic Italian cafe near Lincoln sophistication of Manhattan-featuring Contact: Michelle Cope E-mail: [email protected] Center featuring a private wood- CARMINE’S 91ST over a dozen boardwalk style games, E-mail: [email protected] Web site: www.chelseapiers.com/specialevents paneled room with bold original art. Private room for 30-240 guests. A live entertainment, specialty cock- Can accommodate 30 to 40 guests, variety of different seating arrange- tails and classic carny food favorites. CENTRAL PARK BOATHOUSE CHILDREN’S MUSEUM OF MANHATTAN seated. ments available. Described as “the most amusing Central Park landmark retreat over- 5 fl oors of interactive exhibits and Address: 1900 Broadway, New York, NY 10023 Address: 2450 Broadway, New York, NY 10024 21st century fun zone to hit the Big looking the lake. Lush landscaping museum space available for press Phone: (212) 265-0100 Phone: (212) 221-3800 ext 225 Apple” Carnival is perfect for families and catering facilities for up to 1,500 events, product launches, fund-raisers Contact: Erika Farber, Sales Manager Contact: Penny Kaplan and kids during the day but trans- with chef Anthony Walton. Open and private parties. Event planning E-mail: banquetsales@thefi remangroup.com E-mail: [email protected] forms into an exclusive, over the top year-round, serving a wide array of and catering available. Web site: www.cafefi orello.com Web site: www.carminesnyc.com nightclub every evening. Completely cuisines. Address: The Tisch Building, 212 West 83rd Street, customizable, the venue is ideal for Address: East and Park Drive North, New York, NY 10024 CAPITALE parties of any size. We specialize in New York, NY 10021 Phone: (212) 721-1223, ext. 227 Capitale’s ballroom boasts a 15,000 Reception/meeting rooms available Corporate Events, Team Building Phone: (212) 517-2233 Contact: Maria Borges, Membership Manager square foot area, a 65 foot ceiling, and for business and entertainment events. Events, Birthday Parties and Bar/Bat Contact: Catering Manager E-mail: [email protected] seats over 700 for banquets, or 1500 Accommodates 250 for seated dinners Mitzvahs. Web site: www.thecentralparkboathouse.com Web site: www.cmom.org standing. Capitale features private and 500 for cocktails and receptions. Address: 110 University Place, New York, NY 10012 rooms on the upper level each with Address: 881 Seventh Avenue, New York, NY 10019 Web site: www.carnivalnyc.com CENTRAL PARK WILDLIFE CENTER CHINA CLUB 2,000 square feet and seating over 60. Phone: (212) 903-9647 Provides a unique urban setting for Dance club, lounge, glass-enclosed Capitale has wired the entire building Contact: Ashley Porter CAROLINES ON BROADWAY special events: breakfast meetings, terrace, open-air roof garden and with T1 connection and also features E-mail: [email protected] State-of-the-art audiovisual capabili- cocktail parties, casual picnic dinners in-house catering. 3 fl oors totaling wireless internet access. Web site: www.carnegiehall.org ties. For daytime meetings, seminars, or elegant black-tie affairs. 25,000 square feet. Address: 130 , New York, NY 10013 corporate entertaining or employee Address: 830 Fifth Avenue, New York, NY (718) 741-3836 Address: 268 West 47th Street, New York, NY 10036 Phone: (212) 334-5500 CARNEGIE HALL ROHATYN ROOM functions. Can coordinate all details, Phone: (718) 741- 3836 Phone: (212) 398-3800 E-mail: [email protected] Mahogany-paneled banquet space from a meal to entertainment. E-mail: [email protected] Contact: Danny Fried Web site: www.capitaleny.com accommodates 250 for seated dinners Address: 1626 Broadway, New York, NY 10019 Web site: www.wcs.org E-mail: [email protected] and 500 for cocktails. Phone: (212) 956-0101, ext. 203 Web site: www.chinaclubnyc.com CARMINE’S Address: 154 West 57th Street, New York, NY 10019 Contact: Roman Feeser SPORTS & Private room on the second level of- Phone: (212) 903-9647 E-mail: [email protected] ENTERTAINMENT COMPLEX CHINA GRILL fers its own entrance, a coat check and Contact: Ashley Porter Web site: www.carolines.com Manhattan’s 28-acre sports village features A midtown staple in the CBS building, private bar area, and seating for up to E-mail: [email protected] a golf driving range and golf course simu- China Grill boasts group menus con- 200. Other location at 2450 Broadway. Web site: www.carnegiehall.org CELSIUS CAFE & BAR lators, twin indoor ice rinks, rock-climbing, taining over 40 dishes in over sized Contact us about our new, full service Overlooking the Ice Skating Pond in indoor athletic fi elds, team-building portions intended for sharing. Raised off premise catering. . The two-level, indoor/

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S6 Meeting Planner’s Guide

meetingplanner.indd 6 4/21/10 3:22:12 PM ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS

platforms, 2 bars and outdoor space 90 guests for sit-down meals and 150 EMPIRE HOTEL ROOFTOP stone fi replace. Spacious venue for spe- ing in international cuisine. Glass- make China Grill perfect for parties for cocktails. Main dining room accom- The indoor-outdoor rooftop allows cial events and dining. Nightly live jazz enclosed atrium, open-air plaza and from 10-600 people. modates 140 guests. for seated dinners up to 250 and and American cuisine with raw bar. on-site valet parking. Accommodates Address: 60 West 53rd Street, New York, NY 10019 Address: 60 East 65th Street, New York, NY 10065 receptions up to 800 people. Perfect Address: 99 Seventh Avenue South, New York, NY 10014 60 to 2,000. Phone: (212) 554-6507 Phone: (212) 933-5261 for groups looking to have multiple Phone: (212) 645-0600 Address: 263 Prospect Avenue, Brooklyn, NY 11215 Contact: Ela Pietras, NE Regional Sales & Catering Manager Contact: Joan Chiang, Director of Private Dining spaces and breakout areas. Contact: David Shenk Phone: (718) 788-0777 E-mail: [email protected] E-mail: [email protected] Address: 44 West 63rd Street, New York, NY 10023 E-mail: [email protected] Contact: Michael Halkias Web site: www.chinagrillmgt.com Web site: www.danielnyc.com Phone: (212) 956-3313 Web site: www.garagerest.com E-mail: [email protected] Contact: Teddi Pickard Web site: www.grandprospect.com CITY HALL DOS CAMINOS E-mail: [email protected] GOTHAM COMEDY CLUB Located in landmark 1863 building, For modern Mexican cuisine and a Web site: www.chinagrillmgt.com 10,000 square foot, multilevel event HARBORVIEW ENTERTAINMENT LLC City Hall features classic New York festive atmosphere, Dos Caminos is space accommodating up to 500 Private receptions aboard M/Y fare for the 21st century. Accommo- the spot! Come for the signature gua- ESPACE guests. Private lounge and main Romantica for the corporate & social dates events for 5 to 500. camole, kobe beef tacos and prickly Espace seats 600 guests for din- showroom. State-of-the-art sound and community. Lunch, dinner and cock- Address: 131 Duane Street, New York, NY 10013 pear cactus frozen margaritas. Dos ner and 1,200 guests for a standing lighting. Home to ’s tail receptions for up to 130 guests. Phone: (212) 964-4118 Caminos can accommodate 30to 85 reception. Espace has wired the entire Live at Gotham. Boarding in Manhattan or New Jersey. Contact: Amira Gertz, Director of Private Dining Sales guests. 3 locations in Manhattan building with T1 connections and also Address: 208 West 23rd Street, New York, NY 10011 Address: 20 West 20th Street, Ste 202, New York, NY 10011 E-mail: [email protected] Address: 373 Park Avenue South at 27th Street features wireless internet access (Wi- Phone: (212) 367-9000 Phone: (212) 822.8892 or 845.304.3260 Web site: www.cityhall.com Phone: (212) 294-1000 Fi-802.11), ideal for video conferenc- Contact: Laura Townell Contact: Bob Zampino, Manager Web site: www.brguestrestaurants.com ing and live net casting. E-mail: [email protected] E-mail: [email protected] COMIX Address: 635 West , New York, NY 10036 Web site: www.gothamcomedyclub.com Web site: www.HudsonValleyYachtCharters.com 14,000 square foot, broadcast-ready ED’S CHOWDER HOUSE Phone: (212) 967-7003 venue with 2 breakout rooms, food Setting of old world elegance and E-mail: [email protected] GRAMERCY TAVERN HARD ROCK CAFE and beverage service. For daytime classic cuisine in the Private Dining Web site: www.espaceny.com Entertain a maximum of 22 guests 708-seat restaurant located in Times meetings, corporate/group entertain- Room that seats 24. Choose from for lunch or dinner while dining on Square. Multiple spaces available for ing and private functions. an extensive wine list and menu GABRIELA’S RESTAURANTE MEXICANO a specially prepared menu from chef up to 1,000. Customizable state-of- Address: 353 W. , New York, NY 10014 specializing in naturally raised meat, Authentic Mexican cuisine. Offers a Michael Anthony. the-art audiovisual options; catering, Phone: (212) 915-0425 sustainable seafood and organic wide variety of catering services to fi t Address: 42 East 20th Street, New York, NY 10003 entertainment, and event merchandise Contact: John Meyers, Dir of Private Events/Group Sales produce. The main dining room can all needs. Outdoor dining available. Phone: (212) 477-1025 ext. 308 available. E-mail: [email protected] be split into private space for up to Address: 688 Columbus Ave, New York, NY 10024 Contact: Darlene Lacovara Address: , New York, NY 10036 Web site: www.comixny.com 150 seated. Phone: (212) 961-0574 E-mail: [email protected] Phone: (212) 343-3355 Address: 44 West 63rd St., New York, NY 10023 Contact: Nat Milner Web site: www.gramercytavern.com E-mail: [email protected] DANIEL Phone: (212) 554-6507 E-mail: [email protected] Web site: www.hardrock.com Available for corporate events, busi- Contact: Ela Pietras, NE Regional Sales & Catering Manager Web site: www.alicart.com GRAND PROSPECT HALL ness meetings, and product launches. E-mail: [email protected] A national historic landmark, music HILTON THEATRE Breakfast, lunch, dinner and cocktails. Web site: www.chinagrillmgt.com GARAGE RESTAURANT & CAFE hall, entertainment and conference Theatre and event space in the heart Bellecour Room accommodates 30 to Greenwich Village cafe with two-story center. In-house catering specializ- of Times Square. Auditorium, grand

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lobby, dress circle, rehearsal rooms cocktails for small or large parties. Contact: Sharon Colabello LEXINGTON CLASSIC CRUISES MALONEY & PORCELLI and VIP room can accommodate Address: 72 West 36th Street, New York, NY 10018 E-mail: [email protected] Newly built classic yacht replica. Ac- 1,800 square feet, complete with a groups from 20 to 1,800; the Apollo Phone: (212) 268-5056 Web site: www.patinagroup.com commodates 10 to 100 guests. Depar- fi replace, 3 skylights, a 25 foot cherry Link salon holds 75 people. E-mail: [email protected] tures throughout New York City, New wood bar, a baby grand piano, and a Address: 213 West 42nd Street, New York, NY 10036 Web site: www.keens.com LE CHATEAU RESTAURANT Jersey, Connecticut and surrounding private events chef and kitchen. Phone: (212) 556-4750 Stately paneled rooms with fi replaces areas. At New York Skyports Marina. Address: 37 East , New York, NY 10022 Contact: Emily Fisher KISS&FLY can set the tone for a variety of meet- Address: East 23rd Street at FDR Drive, New York, NY 10010 Phone: (646) 277-2347 E-mail: [email protected] This high energy, Euro-style nightclub ings or specialty events, accommodat- Phone: (212) 717-0300 Contact: Jimmy McDonald Web site: www.hiltontheatre.com has a 500 person capacity and is laid ing groups from 10 to 175 people. Contact: David Hackert E-mail: [email protected] out to accommodate events of all Country setting. E-mail: [email protected] Web site: www.maloneyandporcelli.com IGUANA NEW YORK sizes, from product launches to birth- Address: Route 35, South Salem, NY 10590 Web site: www.lexboat.com Restaurant is open seven days a week. day parties, from fashion shows to bar Phone: (914) 533-6631 MANHATTAN CENTER Mexican cuisine. Private parties for 20 mitzvahs. Kiss&Fly has the ability to Contact: Lee Loil-Cea, Banquette Manager MACY’S CELLAR BAR AND GRILL Home to two versatile spaces; the to 600 guests. Lounge/disco on the morph the feeling and identity within E-mail: [email protected] Bar and grill in the Cellar of Macy’s Hammerstein and Grand Ballrooms. lower level. New private room on the the club with customizable music and Web site: www.lechateauny.com . Museum showcasing 150 Both are readily transformed to host second level. lighting throughout the venue. The years of Macy’s history with customized events and productions. On-premise Address: 240 West , New York, NY 10019 5,000 square foot hotspot will bring LEISURE TIME BOWL contemporary cuisine. Accommodates television and recording studios, Phone: (212) 765-5454 excitement and surprise to your party Located inside Manhattan’s iconic up to 200 seated and 400 standing. postproduction suites and optional Contact: Nino G. Brusco experience. Port Authority Building, Leisure Time Address: 151 West 34th Street, New York, NY 10001 production services. E-mail: [email protected] Address: 409 West 13th Street, New York, NY 10014 Bowl is a complete entertainment Phone: (212) 868-3001 Address: 311 West 34th Street, New York, NY 10001 Web site: www.iguananyc.com Phone: (212) 255-1933 ext. 10 center. Boasting 26 bowling lanes, Contact: Anjail Lateef Phone: (212) 279-7740 ext. 290 Contact: Julia Kuratek, Event Director 2 additional private lanes, a bistro E-mail: [email protected] Contact: Lisa Schamis ISABELLA’S E-mail: [email protected] serving New American cuisine, two Web site: www.patinagroup.com E-mail: [email protected] Isabella’s can accommodate parties of Web site: www.13thstreetentertainment.com full bars with specialty sangria and Web site: www.mcstudios.com 12 to 40 guests for lunch and dinner. fruit infused vodka, two sophisticated Try Isabella’s American cuisine with LA FONDA DEL SOL lounge areas, and a high end visual/ Home to the Knicks and the Rangers. MANHATTAN CLUB Mediterranean infl uences, which has One of Midtown’s most vibrant sound system. Leisure Time Bowl is Spaces include the arena, theater, expo Midtown venue for meetings, semi- been a mainstay in the Manhattan din- restaurants, La Fonda Del Sol offers the perfect venue for your corporate center, Play by Play Restaurant, Club nars and special occasions. For groups ing scene for 20 years. an unprecedented stage for modern or personal events. Bar & Grill and Garden Terrace, for of 50 to 350. Offers a comfortable Address: 359 Columbus Avenue, New York, NY 10023 Spanish cuisine, with a focus on tapas. Address: 550 9th Avenue, 2nd Floor groups of 50 to 20,000. environment with fi replace and Phone: (212) 724-2100 Lounge reception: 175-250 guests; New York, NY 10018 Address: 4 Penn Plaza, New York, NY 10001 cocktail bar. Web site: www.brguestrestaurants.com Main Dining Room: 100-120 guests; Phone: (212) 268-6909 Phone: (212) 465-6106 Address: 201 West , New York, NY 10019 Private Dining Room: 25-30 guests. Contact: Ayman Kamel, Executive General Manager E-mail: [email protected] Phone: (212) 489-9595 KEENS STEAKHOUSE Address: Metlife Building, Email: [email protected] Web site: www.thegarden.com Contact: Jim Murray, Director of Catering 121 year-old land- East 44th Street and Vanderbilt Ave., Web site: www.leisuretimebowl.com E-mail: [email protected] mark. 4 authentic period dining rooms New York, NY 10166 Web site: www.rosieogradys.com for business lunches, dinners, receptions, Phone: (212) 949-8248

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MANHATTAN PENTHOUSE ON FIFTH museum’s corporate members en- NEW YORK BOTANICAL GARDEN NICK & STEF’S STEAKHOUSE AVENUE Spaces adjacent to galleries are riched cultural and artistic surround- The Garden Terrace Room is Adjacent to Madison Square Garden, Dining and dancing for 50 to 225 available to the museum’s corporate ings with several fl exible spaces for dedicated to private entertaining and Nick & Stef ’s Steakhouse is in an guests. members for entertaining. meetings or events. Dinners or theater opens up to a tented area for cocktails ideal location for pre- and post-game Address: 80 Fifth Ave., New York, NY 10011 Address: 11 West 53rd Street, New York, NY 10019 style seating for up to 400. Receptions or a reception. Catering available by parties, dinner receptions year-round Phone: (212) 627-8838 Phone: (212) 708-9840 for up to 1,200. Abigail Kirsch. or other social events. Main Dining E-mail: [email protected] Contact: Corporate Entertaining Address: 1 Bowling Green, New York, NY 10004 Address: 200th Street and Southern Boulevard, Room: 125-250; Side Annex: 20-25 Web site: www.manhattanpenthouse.com E-mail: [email protected] Phone: (212) 514-3820 Bronx, NY 10458 guests; Bar & Lounge: 50-75 guests. Web site: www.moma.org/entertaining Contact: Trey Moynihan, Phone: (718) 817-8880 Address: Madison Square Garden, MICHAEL JORDAN’S THE STEAK HOUSE E-mail: [email protected] Contact: Greg Jahaly, Director of Special Events 9 Penn Plaza at West 33rd Street and 8th Ave., N.Y.C. MUSEUM OF THE CITY OF NEW YORK Web site: www.americanindian.si.edu/specialevents Web site: www.nybg.org New York, NY 10001 Located in The landmark Georgian Colonial is Phone: (212) 949-8248 on the north and west balconies, available for corporate and special STUDIOS Contact: Sharon Colabello with views looking over the famous events, including dinners for up to 250 The third-fl oor studios, with a capac- 2,700-seat theater on West , E-mail: [email protected] Beaux-Arts terminal. The steak house and receptions for up to 500. ity for 299 standing guests, offer a available for business presentations, Web site: www.patinagroup.com is known for both its selection of Address: 1220 Fifth Avenue, New York, NY 10029 versatile special events space. The meetings and benefi t performances. perfectly charred steaks and classic Phone: (917) 492-3323 LuEsther T. Mertz Board Room on Affi liated receptions for 50 to 1,000 OCEAN GRILL dishes. Private dining rooms accom- Contact: Regina Asborno, Events Manager the ninth fl oor is available for more in lobby spaces gracing both the mez- Ocean Grill is the place to go for modate 8, 14 and 16 while the enitre E-mail: [email protected] intimate gatherings. zanine and 700-seat main fl oor. seafood in NewYork City’s Upper West restaurant can accommodate 750. Web site: www.mcny.org Address: 229 West 42nd Street, New York, NY 10036 Address: 130 West 56th Street, New York, NY 10019 Side neighborhood, where you can get Address: 23 , New York, NY 10017 Phone: (646) 223-3042 Phone: (212) 247-0430, ext. 237 the fresh, innovative dishes from the Phone: (212) 608-7400 MUSEUM OF THE JEWISH HERITAGE Contact: Matthew Knowland, Operations Coordinator Contact: Eugene Lowery sea in addition to a full sushi and raw Contact: Cheryl Kahn Brocco, Director of Catering Available for individual, corporate, E-mail: [email protected] E-mail: [email protected] bar. Ocean Grill can host lunch, dinner E-mail: [email protected] nonprofi t and academic occasions, or Web site: www.new42.org Web site: www.nycitycenter.org/rentals or brunch parties for 10 to 50 guests Web site: www.theglaziergroup.com banquets and cocktails. Accommodates Address: 384 Columbus Avenue, New York, NY 10024 30 to 400 with auditorium. State-of- NEW YORK AQUARIUM NEW YORK HISTORICAL SOCIETY Phone: (212) 579-2300 MODA & MODA OUTDOORS the-art technology, with views of New For all kinds of events, from business 6 spaces in this historic landmark over- Web site: www.brguestrestaurants.com Moda Restaurant is available for York Harbor. Catering available. meetings for 15 to corporate dinners looking Central Park are available for private business receptions. Moda Address: 36 Battery Place, New York, NY 10280 for 500. Add a sea lion show or a corporate, private and charitable events. PARK AVENUE Outdoors is 6,000 square feet and can Phone: (646) 437-4206 behind-the-scenes tour. Accommodates up to 600 people for Accommodates 20 to 50 guests in accommodate up to 400 people. Contact: Rachel Heumann Address: Boardwalk at West Eighth Street, receptions and 250 for seated dinners. seated or cocktail reception. Perfect Address: 135 West 52nd Street, New York, NY 10019 E-mail: [email protected] Brooklyn, NY 11224 Address: 170 Central Park West, New York, NY 10024 for corporate events or intimate din- Phone: (212) 887-9515 Web site: www.mjhnyc.org Phone: (718) 265-4740 Phone: (212) 873-3466 ners. The Chef ’s table can accommo- Contact: Donna Stabile Contact: Kenyell Smalls Contact: Brooke Botwinick, Director of Special Events date up to 10 guests and the Archive E-mail: dstabile@fl atotel.com NATIONAL MUSEUM OF THE AMERICAN E-mail: [email protected] E-mail: [email protected] Room can accommodate 40 to 70 Web site: www.fl atotel.com INDIAN-SMITHSONIAN INSTITUTION Web site: www.nyaquarium.com Web site: www.nyhistory.org/events guests for larger events. Exquisite historical landmark offers Address: 100 East 63rd Street, New York, NY 10021

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Phone: (212) 360-0438 E-mail: [email protected] E-mail: [email protected] QUALITY MEATS Contact: Jennifer Bretschneider, Director, Special Events Contact: Denise Culver Web site: www.prospectpark.org/rentals Web site: www.chinagrillmgt.com The Fireplace Room accommodates E-mail: [email protected] E-mail: [email protected] 40 seats or 60 for a cocktail reception. Web site: www.radiocity.com Web site: www.parkavenyc.com PIER 94 NEW YORK PRESSURE The Butcher Room seats 20 for a 175,000 square feet of space with Giant movie screens, billiard tables, pri- more intimate gathering. RDV PER SE ample parking and skylights. Available vate rooms and lounges and award-win- Address: 57 West 58th Street, New York, NY 10019 The multi-dimensional venue show- Thomas Keller’s four-star restaurant for large special events, large meetings ning architecture. Full bar and catering Phone: (212) 360-0438 cases an inviting ambiance for parties offers 2 private dining rooms for social and trade shows. options available for parties. Capacity Contact: Denise Culver as grand as 200 or as intimate as 10. or corporate events accommodating 10 Address: The UnConvention Center, 755 12th Ave., of 500; capacity of 1,000 when booked E-mail: [email protected] In addition, the space can be used for to 60. Exclusive buyouts of the restau- New York, NY 10019 with sister facility Bowlmor Lanes. Web site: www.qualitymeatsnyc.com sit-down dinners for up to 100 while rant are also available for up to 145. Phone: (212) 759-7023 Address: 110 University Place, New York, NY 10003 the private dining room seats up to Address: 10 , New York, NY 10019 Contact: Mike Fiorentino Phone: (212) 255-8188 QUO 38. RdV offers menu service from Phone: (212) 823-9349 E-mail: [email protected] Contact: Jessica Setford QUO features two rooms with a com- Bagatelle, whose main dining room Contact: Celia Laurent Web site: www.pier94.com E-mail: [email protected] bined total of 8,000 square feet state sits conveniently above the lounge. E-mail: [email protected] Web site: www.pressurenyc.com of the art sound & lighting system, The private area has AV capabilities. Web site: www.perseny.com PIER SIXTY AT CHELSEA PIERS complete with professional DJ equip- Address: 409 West 13th Street, New York, NY 10014 20,000 square feet of space for corpo- PRESTIGE YACHT CHARTERS INC. ment and four CO2 injectors. QUO Phone: (212) 255-1933 ext. 10 PERSHING SQUARE rate and social occasions. River views, Representing the fi nest yachts in the can provide accommodations for Contact: Julia Kuratek, Event Director Landmark New York City restaurant. award-winning cuisine and complete New York metropolitan area. No up to 750 guests comfortably; for a E-mail: [email protected] Classic American cuisine, seasonal catering services by Abigail Kirsch. event too large or too small. Complete banquet setting, up to 375 guests. The Web site: www.13thstreetentertainment.com outdoor dining. Can accommodate up Address: West 23rd Street at the Hudson River, planning available. private lounge, with its own sound to 300 guests for private parties. New York, NY 10011 Address: East 23rd St. at FDR Drive, New York, NY 10010 lighting system, can be reserved for ROCK CENTER CAFE Address: 90 East 42nd Street, New York, NY 10017 Phone: (212) 336-6060 Phone: (212) 717-0300 more exclusive private parties of 50, Dining room features views of the Phone: (212) 286-9600 Contact: Meredith Barsky Contact: David Hackert allowing up to 250 guests. Rockefeller Center Ice Rink in winter Contact: John McFadden E-mail: [email protected] E-mail: [email protected] Address: 511 West 28th Street, New York, NY 10001 and the garden in summer. The Web site: www.pershingsquare.com Web site: www.piersixty.com Web site: www.lexboat.com Phone: (212) 268-5105 private garden accommodates up to Contact: Melissa Gordon 2,000 for outdoor or tented events. PICNIC HOUSE IN PROSPECT PARK PLUNGE ROOFTOP AT HOTEL PRIMEHOUSE NEW YORK E-mail: [email protected] Seated or standing: 140 to 350. Private Overlooks the Long Meadow in GANSEVOORT Primehouse New York takes a modern dining available. Prospect Park . Spacious, glass- The Versatile indoor-outdoor venue twist on a conventional steakhouse, Address: 20 West 50th Street, New York, NY 10020 enclosed pavilion accommodates 175 is perfect all year round for non- where steaks are dry-aged in the Theater and entertainment venue with Phone: (212) 332-7606 for meetings, dinner and dancing. traditional board meetings to seated custom-built Himalayan rock salt-tiled 5,900 seats. Theater, grand foyer and Contact: Ken Palmer, Director, Special Events Piano and fi replace. Approved cater- dinners and receptions in the trendiest aging room. Primehouse New York grand lounge available for corporate E-mail: [email protected] ing list. hotel in New York City. can accommodate parties of 12 to 300 and press events, receptions, benefi ts Web site: www.patinagroup.com Address: 95 Prospect Park West, Brooklyn, NY 11215 Address: 18 Ninth Ave., New York, NY 10014 Address: 1626 Broadway at 49th street and fi lm premieres. Phone: (718) 287-6215 ext. 104 Phone: (212) 660-6708 Phone: (212) 824-2600 Address: 1260 , New York, NY 10020 ROSA MEXICANO Contact: Christina Kuhn Contact: Elena Perdikakis Web site: www.brguestrestaurants.com Phone: (212) 485-7253 Mexican cuisine with private and semiprivate space available for up to

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S10 Meeting Planner’s Guide

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200. Other locations at 1063 First parties, social occasions, nightclub, a variety of rental options for events gathering of friends, they can help able for Media events, Team-building Ave. and 9 E. 18th St. corporate and charity events. Full- such as sports, expos, large lectures, you fl awlessly pull off any private Events, Cooking-Class Dinner Parties Address: 61 Columbus Ave., New York, NY 10023 service event planning available. graduations and parties. dining event. They offer private dining and Wine Tastings. Phone: (212) 397-0666 ext. 40 Flatiron/Gramercy/Union Square Address: 216 Fort Washington Ave., New York, NY 10032 rooms, fully appointed with wireless Address: 515 Broadway , New York, NY 10012 Contact: Cre Vance location. Phone: (212) 923-1803 internet, high-defi nition widescreen Phone: (212) 431-7425 E-mail: [email protected] Address: 915 Broadway, New York, NY 10010 Contact: Kimberly Ver Steeg, Director of Special Events televisions, and satellite broadcast ca- Contact: Corinne Colen Web site: www.rosamexicano.com Phone: (212) 505-7400 E-mail: [email protected] pabilities for multi-location meetings. E-mail: [email protected] Contact: Alli Hertz Web site: www.armorytrack.com Three locations in Manhattan. Web site: www.culinaryloft.com RUBY FOO’S E-mail: [email protected] Address: 155 East 42nd Street, New York, NY Located in Times Square, Ruby Foo’s Web site: www.metronomenyc.com THE BEER BAR Phone: (347) 573-0832 THE JEWISH MUSEUM is available for parties of 13 to 120 Ideal for birthdays, corporate events and Contact: Heather Lasnier Museum of art and Jewish culture in guests. Ruby Foo’s offers the fi nest STRIP HOUSE other special occasions, The Beer Bar’s Web site: www.thecapitalgrille.com landmark French Gothic chateau-style in Pan-Asian cuisine with family-style The famed New York City steakhouse contemporary casual menu and empha- mansion. Corporate, nonprofi t and dim sum, sushi, stir-fry and more. evokes a retro environment. Buy out sis on beer make for an easy, fun-fi lled THE CRANE CLUB private events. Accommodates 30 to Perfect for birthdays, anniversaries can accommodate up to 250 guests. party. Outdoor Patio: 30-200 guests, West Room available for private and 300. Exclusive viewing of acclaimed and children’s parties Address: 13 East 12th Street, New York, NY 10003 Main Dining room 75-150 guests. corporate parties 7 days a week, as exhibitions. In-house caterer. Address: 1626 Broadway at 49th street Phone: (212) 608-7400 Address: Metlife Building, 200 Park Ave at East 45th Street, well as after-work cocktail parties. Address: 1109 Fifth Ave., New York, NY 10128 Phone: (212) 489-5600 Contact: Cheryl Kahn Brocco, Director of Catering New York, NY 10166 Catering available. Phone: (212) 423-3239 Web site: www.brguestrestaurants.com E-mail: [email protected] Phone: (212) 949-8248 Address: 201 W. 79th Street, New York, NY 10024 Contact: Hindy Kisch Web site: www.theglaziergroup.com Contact: Sharon Colabello Phone: (212) 877-3097 E-mail: [email protected] RUE 57 E-mail: [email protected] Contact: Cathy Kraut Web site: www.thejewishmuseum.org A bi-level French brasserie that also TANUKI TAVERN AT HOTEL GANSEVOORT Web site: www.patinagroup.com E-mail: [email protected] offers a full sushi menu. The Salon Ono features versatile event spaces THE KOSCIUSZKO FOUNDATION private room is located on the lower including a private mezzanine dining THE CAPITAL GRILLE THE CULINARY LOFT Beaux Arts entrance rotunda, level and can accommodate up to 100 room that seats up to 60 people. The Capital Grille is nationally With our exquisite loft setting and over wood-paneled meeting room for 30, for brunch, lunch, dinner, or cocktails. There is a hidden oasis Garden that acclaimed for its dry-aged steak selec- 12 years experience in producing casu- spacious upstairs dining room for 80. Address: 60 West 57th Street, New York, NY 10019 hosts cocktail parties up to 300. The tions, fresh seafood offerings, and ally elegant custom culinary events, this Ideal for meetings, concerts, lectures Phone: (212) 399-3097 indoor and outdoor space is available extensive award-winning wine collec- private venue creates a memory worth and small weddings. Contact: Sondra Fink for parties up to 800. tion. From making formal business savoring. Our 2,000-sq ft loft features Address: 15 East 65th Street, New York, NY 10021 E-mail: sondrafi [email protected] Address: 18 Ninth Ave., New York, NY 10014 proposals to making toasts with a a double gourmet kitchen and is avail- Phone: (212) 734-2130 Web site: www.rue57.com Phone: (212) 554-6507 Contact: Elena Perdikakis SCIENCE, INDUSTRY & BUSINESS E-mail: [email protected] LIBRARY Web site: www.chinagrillmgt.com Offers an electronic training center with 30 workstations, audiovisual equipment TAO and a conference center with two meet- The skybox is perched 35 feet in the ing rooms, each seating up to 50. air and overlooks the entire dining Address: 188 Madison Avenue, New York, NY 10016 room. This private room accommo- Phone: (212) 592-7077 dates 16 to 26 guests for a multi- Contact: Anne Lehmann course, family-style meal. E-mail: [email protected] Address: 42 East 58th Street, New York, NY 10022 Web site: www.nypl.org Phone: (212) 399-3097 Contact: Sondra Fink SMART WORKOUT E-mail: sondrafi [email protected] Have a Fitness Nixer. Bring your Web site: www.taorestaurant.com guests (up to 20) and leave it to Smart Workout to get everyone moving and TAPPAN HILL mingling. We will give you exclusive A landmark historic mansion over- use of our gym, with 4 fi tness as- looking the Hudson River, devoted sistants positioned in different areas, to the execution of day meetings. 40 teaching an assortment of classes, and minutes from Manhattan. Accom- supervising a weight training circuit. modates 30 to 800 people. Catering by Address: 124 East 40th Street , New York, NY 10016 Abigail Kirsch. Phone: (212) 661-1660 Address: 81 Highland Ave, Tarrytown, NY 10591 Contact: Elaine Platt, Owner Phone: (914) 631-3030 E-mail: [email protected] Contact: Caroline Hay Web site: www.smartworkout.net E-mail: [email protected] Web site: www.abigailkirsch.com SOHOSOLEIL LOCATIONS Creative loft locations throughout SoHo are available for corporate 6 distinctively decorated rooms sur- retreats, training sessions, branding rounded by some of New York’s most workshops, executive meetings, and glorious gardens. A landmark site for product development. Can accommo- functions of 20 to 2,000, indoors and date up to 85 people at CornerLight. outdoors. Address: 136 , Loft 5WF, New York, NY 10013 Address: West 67th Street at Central Park West , Phone: (212) 431-8824 New York, NY 10023 Contact: Wendy R Friedman, Founder & Creative Director Phone: (212) 873-4111 E-mail: [email protected] Contact: Bryan Kalman Web site: www.sohosoleil.com E-mail: [email protected] Web site: www.tavernonthegreen.com STAGE 6 AT STEINER STUDIOS Cityscape views from the Brooklyn TERRACE IN THE SKY waterfront. Ten minutes from Man- Penthouse restaurant with outdoor hattan, with on-site parking. Accom- roof garden terrace and Manhattan modates 50 to 800. skyline views. Award-winning wine Address: 15 Washington Ave, Brooklyn Navy Yard, NY 11205 list. Valet parking. Phone: (718) 237-1919 Address: 400 West 199th St., New York, NY 10027 E-mail: [email protected] Phone: (212) 666-9490 Web site: www.abigailkirsch.com Contact: Nada Bernic E-mail: [email protected] STATUE CRUISES Web site: www.terraceinthesky.com Address: 1 Audrey Zapp Drive, Jersey City, NJ 07305 Phone: 877-Lady-Tix (877-523-9849) THE ARMORY FOUNDATION Home of the National Track and STRATA Field Hall of Fame, and the Fastest 12,000 square foot space for private Track in the World, this site provides

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Contact: Ela Ingarden Trustees Room, which accommo- Contact: Ken Palmer space, perfect for corporate events E-mail: [email protected] dates 125 guests, to Astor Hall, which E-mail: [email protected] and private parties of all sizes. Total Long Island Web site: www.thekf.org accommodates 1,000 guests. The Web site: www.patinagroup.com Room: 120-250 guests: (1) Medium auditorium facility seats 177. Room: 60-100 guests; (2) Small Hotels THE LIGHTHOUSE AT CHELSEA PIERS Address: Fifth Avenue at West 42nd Street, TOWN, CHAMBERS HOTEL Rooms: 30-50 guests. (297) DAYS INN HICKSVILLE 10,000 square feet of space for corpo- New York, NY 10018 Geoffrey Zakarian’s New American menu, Address: Metlife Building, rate and social occasions. River views, Phone: (212) 930-0730 David Rockwell’s cutting-edge design and 200 Park Avenue at East 45th Street, 70 guest rooms, 1 meeting room, $85 award-winning cuisine and complete E-mail: [email protected] specialty cocktails for corporate and social New York, NY 10166 to $129 catering services by Abigail Kirsch. Web site: www.nypl.org/spacerental events. Full restaurant capacity of up to Phone: (646) 465-5150 Address: 828 S. Oyster Bay Road, Hicksville, NY 11801 Address: West 23rd Street and the Hudson River, 150; private areas/rooms for 10 to 50. Contact: Sharon Colabello Phone: (516) 433-1900 New York, NY 10011 THE POST HOUSE Address: 15 W. 56th Street, New York, NY 10019 E-mail: [email protected] Web site: www.daysinnhicksville.com Phone: (212) 336-6146 Semi-private dining area lends itself Phone: (212) 582-4445 ext. 103 Web site: www.patinagroup.com Contact: Meredith Barsky for lunch or dinner events of up to 30 Contact: Grace Davis FLORAL PARK MOTOR LODGE E-mail: [email protected] people, steps from Madison Avenue. E-mail: [email protected] VINTAGE NEW YORK 107 guest rooms, 3 meeting rooms, Web site: www.piersixty.com Address: 28 E. 63rd St., New York, NY 10021 Web site: www.townnyc.com Unique wine cellar space for wine- $98 to $121 Phone: (212) 750-2233 themed receptions and meetings of Address: 30 Jericho Turnpike, Floral Park, NY 11001 THE NEW SCHOOL Contact: Tom O’Reilly TRATTORIA CINQUE up to 90 people. Another location on Phone: (516) 775-7777 or (800) 255-9680 Offers auditoriums, galleries, confer- E-mail: [email protected] We have several private dining rooms Broadway at West , plus a E-mail: [email protected] ence rooms, lecture halls and theaters Web site: www.theposthouse.com which can accommodate an intimate wine bar restaurant in SoHo. Web site: www.fl oralparkmotorlodge.com for rental to the public. Provides group of 20 to a seated dinner for 70, Address: 482 , New York, NY 10013 audio and video technical support, THE or a cocktail reception for 125 guests. Phone: (212) 226-9463 GARDEN security and maintenance staff sup- Whether you are celebrating a birthday, We can also accommodate up to 250 Contact: Susan Wine 280 guest rooms, 16 suites, 16 meeting port, catering and local dormitory wedding, special occasion or hosting a guests using the entire restaurant. E-mail: [email protected] rooms with a total of 2,500 square accommodations. corporate function, The Russian Tea Address: 363 , New York, NY 10013 Web site: www.vintagenewyork.com feet, $189 and up Address: 66 West 12th Street, New York, NY 10011 Room can accommodate parties ranging Phone: (212) 965-0555 Address: 45 Seventh St., Garden City, NY 11530 Phone: (212) 229-2487 from 10 to 800 guests for cocktails or Contact: Laura M. Duhig, Private Dining and Special Events VIRGIL’S REAL BARBEQUE Phone: (516) 747-3000 or (800) 547-0400 Contact: Helen Blatt full meals. Our professional Private Din- E-mail: [email protected] Authentic barbecue; private room E-mail: [email protected] E-mail: [email protected] ing staff will work with you to select the Web site: www.trattoriacinquenyc.com on the second fl oor seats up to 200. Web site: www.gardencityhotel.com Web site: www.newschool.edu/spacerental perfect menu and room for your event. Contact us about our new full service Address: 150 West 57th Street New York, NY 10019 TWENTY FOUR FIFTH off premise catering. GLEN COVE MANSION HOTEL AND CON- THE NEW YORK ACADEMY OF MEDICINE Contact: Wendy Gordon, Catering Director This unique ballroom, designed by Address: 152 West 44th Street, New York, NY 10036 FERENCE CENTER 17,000 square feet of function space. Phone: Reservations (212) 581-7100 David Rockwell, is located on lower Fifth Phone: (212) 221-3800, ext. 225 187 guest rooms, 27 conference Offers a 500-seat theater-style audi- Special Events: (212) 333-2970 Avenue, close to Contact: Penny Kaplan rooms totaling 25,000 square feet, torium, boardroom and a variety of Email: [email protected] and has the elegance of another era. This E-mail: [email protected] $149 to $209 multifunction meeting spaces atop Web site: www.russiantearoomnyc.com private event space accommodates 200 Web site: www.alicart.com Museum Mile. Address: 200 Dosoris Lane, Glen Cove, NY 11542 for seated dinners and 400 for cocktails. Phone: (516) 671-6400 or (888) 684-7426 Address: 1216 Fifth Avenue, New York, NY 10029 THE SEA GRILL WATER’S EDGE Address: 24 Fifth Avenue, New York, NY 10011 E-mail: [email protected] Phone: (212) 822-7272 Seafood cuisine with views of the Newly appointed ballrooms with Phone: (212) 608-7400 Web site: www.glencovemansion.com Contact: Francine Leinhardt Rockefeller Center Ice Rink in winter Contact: Cheryl Kahn Brocco, Director of Catering European elegance, fi replaces and a E-mail: fl [email protected] and the garden in summer. Accom- E-mail: [email protected] view of the Manhattan skyline. Cor- HAMPTON INN COMACK Web site: www.nyam.org modates 150 sitting and 225 standing. Web site: www.theglaziergroup.com porate events/social gatherings for Private room and patio dining available. 2 to 1,000. Riverboat transport from 143 guest rooms,2 meeting rooms THE Manhattan’s East 23rd Street pier. newly renovated centrally located, $99 Address: 19 West 49th Street, New York, NY 10020 VANDERBILT SUITES thru $190 Landmark in the heart of New York Phone: (212) 332-7606 Midtown’s most elegant meeting Address: 44th Drive at the East River, City. Event spaces range from the Long Island City, NY 11101 Address: 680 Commack Road, Commack, NY 11725 Phone: (718) 482-0033 Phone: (631) 462-5700 Contact: Maureen Murphy E-mail: [email protected] E-mail: [email protected] Web site: www.hamptoninn.com Web site: www.watersedgenyc.com LA QUINTA INN AND SUITES WEBSTER HALL 118 guest rooms, 10 suites, 4 meeting Encompassing 40,000 square feet with rooms, $189 to $209 4 separate fl oors and 7 event rooms. Address: 821 Stewart Ave, Garden City, NY 11530 Address: 125 E. 11th St., New York, NY 10003 Phone: (516) 705-9000 Phone: (212) 353-1600 E-mail: [email protected] Contact: Holly Kimmel Web site: www.lq.com Long Branch, E-mail: [email protected] Web site: www.websterhall.com MAIDSTONE ARMS INN New Jersey 19 guest rooms, 2 meeting rooms, WHITNEY MUSEUM OF AMERICAN ART $170 to $650 CMP Rates Lower gallery/sculpture courtyard Address: 207 Main Street, East Hampton , NY 11937 from $199* accommodates up to 800 for cocktails, Phone: (631) 324-5006 300 for dinners. Trustee Room ac- E-mail: [email protected] commodates up to 50 for receptions Web site: www.maidstonearms.com and 25 for dinners. Whitney Annex Parlor accommodates up to 100. MONTAUK YACHT CLUB RESORT & MARINA Tours arranged upon request. 107 guest rooms, 5 meeting rooms, Address: 945 Madison Avenue, New York, NY 10021 $129 to $399 Phone: (212) 606-0388 Address: 32 Star Island Road, PO Box 5048, Contact: Jessica McCarthy Montauk, NY 11954 E-mail: [email protected] Phone: (631) 668-3100 or 888-692-8668 Web site: www.whitney.org/www/pvt events E-mail: [email protected] Give your Meeting a Breath of Fresh Air. Web site: www.montaukyachtclub.com Meet me at Ocean Place. WILDWOOD BARBEQUE Wildwood Barbeque serves up multi- RESIDENCE INN BY MARRIOTT regional American barbeque in a We provide the fi nest venue for rustic urban setting. With a dramatic meetings, conferences and special Our beachfront facility includes 40,000 square feet of indoor meeting space & endless 50-foot-long bar and an eclectic space occassions, with 13 state of the art possibilities of breathtaking outdoor space, with 38 meeting rooms and 254 overnight guest designed by David Rockwell, this Meeting/Event Rooms that accomo- rooms. Beach team-building activities, state-of-the-art A/V and award-winning F&B await you! barbeque hotspot can accomdate date 8 to 200 people. $169 - $229 anywhere from 12-300 guests Address: 9 Gerhard Road, Plainview, NY 11803 Address: at 18th Street, Phone: (516) 433-6200 or (800) 331-3131 New York, NY E-mail: [email protected] Phone: (212) 533-2500 Web site: www.marriott.com * 800-411-7321 Web site: www.brguestrestaurants.com www.oceanplace.com ROSLYN CLAREMONT HOTEL 76 guest rooms, 4 meeting rooms, $169 to $249

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Address: 1221 Old Northern Blvd., Roslyn, NY 11576 Address: 303 Lexington Avenue, New York, NY 10016 Address: 102 North End Avenue, New York, NY 10282 Address: 15 Gold St., New York, NY 10038 Address: 63 West 35th Street, New York, NY 10001 Phone: (516) 625-2700 or (800) 626-9005 Phone: (212)689-5200 or (866) AFFINIA Phone: (212) 945-0100 Phone: (212) 232-7700 or (800) 268-0700 Phone: (212)-594-3310 E-mail: [email protected] E-mail: info@affi nia.com E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Web site: www.roslynclaremonthotel.com Web site: www.affi nia.com Web site:www.newyorkcity.embassysuites.com Web site: www.thompsonhotels.com Web site: www.newyorkwest35thstreet.hgi.com

SOUTHAMPTON INN EVELYN HILL GRAND NEW YORK HILTON GARDEN INN TIMES SQUARE 90 guest rooms, 6,000 square feet of 174 guest rooms, including 24 suites Events for 12 to 1200 people. 1,311 guest rooms and 55,000 square 369 guestrooms; 0 meeting rooms. meeting rooms, outdoor courtyard three meeting rooms and 4,000 square Address: Ellis Island, New York, NY 10004 feet of meeting space, $239 and up From $199 and lawns, $129 to $469 feet of event space. $299 to $699 Phone: (212) 344-0996 Address: 42nd Street at Grand Central Terminal, Address: 790 Eighth Avenue, New York, NY 10019 Address: 91 Hill Street, Southampton, NY 11968 59 West 44th Street, New York, NY 10036 Contact: Patti Golden, Director of Sales New York, NY 10017 Phone: (212) 581-7000 Phone: (631) 283-6500 or (800) 832-6500 Phone: (212) 840-6800 or (888) 304-2047 Email: patttigolden@thestatueofl iberty.com Phone: (212) 883-1234 or (800) 233-1234 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Web site: www.thestatueofl iberty.com Web site: www.grandnewyork.hyatt.com Web site: www.timessquare.hgi.com Web site: www.southamptoninn.com Web site: www.algonquinhotel.com FLATOTEL HAMPTON INN & SUITES STATEN HILTON NEW YORK SOUTHAMPTON INN CONFERENCE ANCHOR INN 288 guest rooms, including 70 suites; 4 ISLAND/NEW YORK 2,040 guest rooms, 47 suites, 46 meet- CENTER 66 guest rooms, 1 meeting room, $109 meeting and event venues holding up 107 guest rooms, including 30 suites; ing rooms, $299 to $599 90 guest rooms, 6,000 square feet of to $149 to 400; 6,000 square feet of outdoor 2,800 square feet of meeting space, Address: 1335 Sixth Avenue, New York, NY 10019 meeting and banquet space, 3 acres of Address: 215-34 Northern Blvd., Bayside, NY 11361 space; 18,000 square feet of meeting $169 to $229 Phone: (212) 586-7000 or (212) 261-5727 lawn and outdoor courtyard. Phone: (718) 428-8000 or (800) 44-ANCHOR space, $409 to $1200 Address: 1120 South Avenue, Staten Island, NY 10314 Web site: www.newyork.hilton.com Address: 91 Hill Street, Southampton, NY 11968 E-mail: [email protected] Address: 135 W. 52nd St., New York, NY 10019 Phone: (718) 477-1600 Phone: (631) 283-6500 ext.713 Web site: www.theanchorinn.com Phone: (212) 887-9400 or (800) 352-8683 E-mail: [email protected] HILTON TIMES SQUARE Contact: Tony Contignola Web site: www.fl atotel.com Web site: www.statenislandsuites.hamptoninn.com 460 guest rooms, 2 suites, 6 meeting E-mail: [email protected] BEEKMAN TOWER HOTEL rooms, $279 to $449 Web site: www.southamptoninn.com 168 studios and suites, 1 meeting HAMPTON INN MANHATTAN-TIMES FOUR POINTS BY SHERATON MANHATTAN Address: 234 West 42nd Street, New York, NY 10036 room with 1500 square feet of meet- SQUARE CHELSEA Phone: (212) 840-8222 or (800) HILTONS THE HARBORFRONT INN ing capacity, $575 to $1098 300 modern guest rooms from $199 Web site: www.timessquare.hilton.com 1 Board Room - 810 sq.ft. 1 Confer- 158 guest rooms, 1 executive board- Address: 3 Mitchell Place, New York, NY 10017 room, $445 Address: 851 Eighth Avenue, New York, NY 10019 ence Room - 810 sq.ft. 30 Guest Phone: (212) 355-7300 or (888) 384-2111 Phone: (212) 581-4100 Address: 160 West 25th Street, New York, NY 10001 HOLIDAY INN EXPRESS MADISON Rooms - 400 sq.ft. 4 Junior Suites - E-mail: [email protected] E-mail: [email protected] SQUARE GARDEN AREA 500 sq.ft. 1 Terrace Suite - 1,700 sq.ft., Web site: www.thebeekmanhotel.com Phone: (212) 627-1888 or (866) 837-4258 Web site: www.manhattantimessquarenorth.hamptoninn.com Starting at $149 per night E-mail: [email protected] 228 guest rooms, 1 boardroom for up to 8 people, $150 to $500 Address: 209 Front Street, Greenport, NY 11944 BELVEDERE HOTEL Web site: www.fourpoints.com HELMSLEY PARK LANE Address: 232 West 29th Street, New York, NY 10001 Phone: (631) 477-0707 416 guest rooms, 2 meeting rooms, 584 guest rooms and suites, 5 meet- FOUR SEASONS HOTEL, NEW YORK Phone: (212) 695-7200 E-mail: [email protected] $179 to $499 ing/board rooms, and 1 ballroom, Web site: www.hershahotels.com Web site: www.theharborfrontinn.com 368 guest rooms, 9 meeting rooms, $250 to $715 Address: 319 West 48th Street, New York, NY 10036 $755 to $1265 Phone: (212) 245-7000 or (888) HOTEL-58 Address: 36 Central Park South, New York, NY 10019 HOLIDAY INN MIDTOWN VILLAGE LATCH INN E-mail: [email protected] Address: 57 E. 57th Street, New York, NY 10022 Phone: (212) 371-4000 or (800) 221-4982 65 guest rooms, 1 meeting room, $225 Phone: (212) 758-5700 or (800) 487-3769 600 guest rooms, 4 meeting rooms to- Web site: www.belvederehotelnyc.com E-mail: [email protected] taling 4,400 square feet , $239 to $399 to $650 E-mail: [email protected] Web site: www.helmsleyparklane.com Address: 101 Hill Street, Southampton, NY 11968 CASABLANCA HOTEL Web site: www.fourseasons.com/newyork Address: 440 W. 57th Street, New York, NY 10019 Phone: (212) 581-8100 or (800) 231-0405 Phone: (631) 283-2160 or (800) 545-2824 48 guest rooms, including 5 suites; HILTON GARDEN INN NEW YORK/WEST GILD HALL, A THOMPSON HOTEL E-mail: [email protected] E-mail: [email protected] 1 executive boardroom for up to 12 35TH STREET Web site: www.hi57.com Web site: www.villagelatch.com people, $229 to $529 116 guest rooms and 10 suites, 2 298 brand new guestrooms; 1 meeting meeting rooms , $199 to $3500 Address: 147 West 43rd Street, New York, NY 10036 room. From $199 Phone: (212) 869-1212 or (888) 922-7225 E-mail: [email protected] New York Web site: www.casablancahotel.com City Hotels CROWNE PLAZA TIMES SQUARE MANHATTAN 70 PARK AVENUE HOTEL 770 guest rooms, 29 meeting rooms, 205 guest rooms, 4 suites, 1 meeting $350 to $550 room. Prices starting at $249 Address: 1605 Broadway, New York, NY 10019 Address: 70 Park Avenue, New York, NY 10016 Phone: (212) 977-4000 or (800) 243-6969 Phone: (212) 973-2400 or (877) 707-2752 E-mail: [email protected] E-mail: [email protected] Web site: www.manhattan.crowneplaza.com Web site: www.70parkave.com DOUBLETREE GUEST SUITES TIMES SQ AFFINIA 50 460 Suites, 7 meeting rooms with 209 guestrooms and a generously 6,000 square feet of meeting space. sized second-fl oor Club Room can $259 to $799 accommodate small, informal gather- Address: 1568 Broadway, New York, NY 10036 ings. Rates starting at $250 Phone: (212) 719-1600 Address: 155 East 50th Street, New York, NY 10022 E-mail: [email protected] Phone: (212) 751-5710 or (866) AFFINIA Web site: www.nyc.doubletreehotels.com E-mail: info@affi nia.com Web site: www.affi nia.com DOUBLETREE METROPOLITAN HOTEL 760 Guest rooms, 12 meeting rooms, AFFINIA DUMONT $299 to $599 241 suites, 1 meeting room totaling Address: 569 Lexington Ave, New York, NY 10022 1,100 square feet , $249 to $649 Phone: (212) 752-7000 or (800) 222-TREE Address: 150 E. 34th Street, New York, NY 10016 E-mail: [email protected] Phone: (212) 481-7600 or (866) AFFINIA Web site: www.metropolitannewyorkcity.doubletree.com E-mail: info@affi nia.com Web site: www.affi nia.com EDISON HOTEL 850 guest rooms, 35 suites, 1 meeting AFFINIA MANHATTAN room with 900 square feet, $180 to 526 suites, 8 meeting rooms and a $300 grand ballroom accommodating up to Address: 228 West 47th Street, New York, NY 10036 400, $299 and up Phone: (212) 840-5000 or (800) 637-7070 Address: 371 Seventh Ave, New York, NY 10001 E-mail: [email protected] Phone: (212) 563-1800 or (866) AFFINIA Web site: www.edisonhotelnyc.com Web site: www.affi nia.com EMBASSY SUITES HOTEL NEW YORK AFFINIA SHELBURNE CITY 323 suites, 2 meeting rooms accomo- 463 two-room suites, 12 meeting dating up to 125 guests, $249 to $649 rooms. $259 and up

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HOLIDAY INN SOHO E-mail: [email protected] E-mail: [email protected] $229 to $649 MIDTOWN EAST COURTYARD BY 227 guest rooms, 1 meeting room, Web site: www.plaza-athenee.com Web site: www.intercontinental.com/newyork Address: 299 Madison Avenue, New York, NY 10017 MARRIOTT $325 to $525 Phone: (212) 983-4500 or (877) 793-7323 312 guest rooms, 3 meeting rooms Address: 138 Lafayette St., New York, NY 10013 HOTEL ROGER WILLIAMS JUMEIRAH ESSEX HOUSE E-mail: [email protected] with 1,500 square feet, $179 to $499 Phone: (212) 966-8898 193 guest rooms, 1 boardroom 509 guest rooms, 163 suites, 1 meeting Web site: www.libraryhotel.com Address: 866 Third Avenue, New York, NY 10022 E-mail: [email protected] accommodating up to 12 people, out- room, $339 and up Phone: (212) 644-1300 or (800) 321-2211 Web site: www.hidowntown-nyc.com door event space for up to 70 people, Address: 160 Central Park South, New York, NY 10019 LOEWS REGENCY E-mail: [email protected] $285 to $505 Phone: (212) 247-0300 or (888) 645-5697 353 guest rooms, 86 suites, 6 meeting Web site: www.nyccourtyardmidtown.com HOTEL ELYSEE Address: 131 Madison Avenue, New York, NY 10016 E-mail: [email protected] rooms with a total of 4,400 square 100 guest rooms, 1 meeting room for Phone: (212) 448-7000 or (888) 448-7788 Web site: www.jumeirahessexhouse.com feet, $269 and up MILFORD E-mail: [email protected] up to 10 people, $295 to $895 Address: 540 Park Avenue, New York, NY 10021 1,300 guest rooms, 3 meeting rooms, Web site: www.hotelrogerwilliams.com Address: 60 East 54th Street, New York, NY 10022 KIMBERLY HOTEL Phone: (212) 759-4100 or (800) 235-6397 $249 to $379 Phone: (212) 753-1066 or (800) 535-9733 29 guest rooms, 163 suites, 1 meeting Web site: www.loewshotels.com INTERCONTINENTAL NEW YORK TIMES room, $395 to $565 Address: 270 W. 45th St., New York, NY 10036 E-mail: [email protected] Phone: (212) 869-3600 or (800) 221-2690 Web site: www.elyseehotel.com SQUARE HOTEL Address: 145 East 50th Street, New York, NY 10022 LUCERNE HOTEL Premiering in July, 2010, the InterCon- E-mail: [email protected] Phone: (212) 702-1600 or (800) 683-0400 184 guest rooms and suites, 950 square Web site: www.milfordplaza.com HOTEL GANSEVOORT tinental New York Times Square will E-mail: [email protected] feet of meeting space, $210 to $600 feature 607 guestrooms and suites with 187 guest rooms, 21 suites, 2 meeting Web site: www.kimberlyhotel.com Address: 201 West 79th Street, New York, NY 10024 MILLENIUM BROADWAY HOTEL rooms, $495 to $595 panoramic views over Times Square, Phone: (212) 875-1000 or (800) 492-8122 the Hudson River, Broadway and the 750 guest rooms, 43 meeting rooms, Address: 18 Ninth Ave., New York, NY 10014 KITANO NEW YORK E-mail: [email protected] $249 to $699 city via fl oor-to-ceiling windows; a 2,700 149 guest rooms, 3 meeting rooms, Web site: www.thelucernehotel.com Phone: (212) 206-6700 or (877) 426-7386 square-foot duplex Presidential Suite; a Address: 145 West 44th Street, New York, NY 10036 E-mail: [email protected] event space with 2 outdoor terraces, restaurant by world-famous chef Todd $290 to $1200 MANDARIN ORIENTAL Phone: (212) 768-4400 or (800) 622-5569 Web site: www.hotelgansevoort.com English; and more than 10,000 square- E-mail: [email protected] Address: 66 Park Avenue, New York, NY 10016 202 guest rooms, 46 suites, 3 meeting feet of fl exible meeting and event space. Web site: www.milleniumbroadway.com Phone: (212) 885-7000 or (800) 548-2666 rooms, $695 to $1345 Address: 300 West 44th Street New York, NY 10036 72 guest rooms, 1,300 square feet of Web site: www.kitano.com Address: 80 Columbus Circle, New York, NY 10023 Phone: (800) 383-5430 MILLENIUM HILTON meeting space, $315 to $595 Phone: (212) 805-8800 Contact: Victoria Zuffranieri Address: 55 Church St., New York, NY 10007 Address: 365 Park Avenue South, New York, NY 10016 LE PARKER MERIDIEN NEW YORK Web site: www.mandarinoriental.com/newyork Phone: (212) 693-2001 or (800) HILTONS Email: [email protected] 725 guest rooms, including 221 suites; Phone: (212) 685-7700 or (877) 269-0009 Web site: www.interconny.com Web site: www.newyorkmillenium.hilton.com E-mail: [email protected] 7 meeting rooms, $850 to $1000 MICHELANGELO HOTEL Web site: www.hotelgiraffe.com INTERCONTINENTAL THE BARCLAY Address: 119 West 56th Street, New York, NY 10019 179 guest rooms, 3 meeting rooms, MILLENIUM UN PLAZA HOTEL, NEW YORK Phone: (212) 245-5000 or (800) 543-4300 $350 to $825 NEW YORK 427 guest rooms, 8 meeting rooms, E-mail: [email protected] HOTEL PLAZA ATHENEE 686 Guest rooms, 18 meeting rooms, Address: 152 W. 51st St, New York, NY 10019 $249 to $599 142 guest rooms, 2 meeting rooms Web site: www.parkermeridien.com Phone: (212) 765-1900 or (800) 237-0990 $249 to $449 Address: 1 Plaza, New York, NY 10017 totaling 1400 sq ft. , $625 to $1790 E-mail: [email protected] Address: 111 East 48th Street, New York, NY 10017 Phone: (212) 758-1234 Web site: www.michelangelohotel.com Address: 37 East 64th Street, New York, NY 10065 Phone: (212) 755-5900 E-mail: [email protected] Phone: (212) 734-9100 or (800) 447-8800 60 guest rooms, 3 meeting rooms,

CLASSIC NEW YORK. A Meetingat The Roosevelt is a piece of cake. Literally.

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Offer cannot be combined on any other promotion, not offered on any previously booked groups or events, cake redemption for groups or events that are newly contracted only, offer non transferable, space based on availability, 1 cake per contracted event. Cakes will be sent after group or meeting actualizes.

S14 Meeting Planner’s Guide

meetingplanner.indd 14 4/21/10 3:23:29 PM ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS

Web site: www.milleniumhotels.com/unplaza Phone: (212) 753-5800 or (800) THE-OMNI rooms with a total of 60,000 square Phone: (212) 245-1800 or (800) 735-0710 Phone: (212) 744-1600 E-mail: [email protected] feet, $449 to $579 E-mail: [email protected] E-mail: [email protected] MURRAY HILL EAST SUITES Web site: www.omnihotels.com Address: 811 Seventh Avenue, New York, NY 10019 Web site: www.blakelynewyork.com Web site: www.thecarlyle.com 125 guest rooms, 1 meeting room, Phone: (212) 581-1000 or (800) 858-7949 $199 to $249 PAN AMERICAN HOTEL E-mail: [email protected] THE CARLYLE, A ROSEWOOD HOTEL THE CENTRAL PARK RITZ-CARLTON NEW 188 guest rooms and suites, 4 meeting YORK Address: 149 East 39th Street, New York, NY 10016 216 guest rooms, 3 meeting rooms, Web site: www.sheraton.com/newyork rooms, $395 to $5,000 259 guest rooms, 47 suites, 4 meeting Phone: (212) 661-2100 or (800) 248-9999 over 4,500 square feet of meeting SHOREHAM rooms, $650 to $1770 space, $129 to $229 Address: 35 E. 76th Street, New York, NY 10021 Address: 79-00 Queens Blvd., Elmhurst, NY 11373 177 guest rooms, including 42 suites, NEW YORK HELMSLEY HOTEL 4 meeting rooms, $300 to $600 788 guest rooms; 7 meeting rooms, Phone: (718) 446-7676 or (800) 937-7374 E-mail: [email protected] Address: 33 West 55th Street, New York, NY 10019 including 4 boardrooms, $265 to $575 Meetings Web site: www.panamhotel.com Phone: (212) 247-6700 or (800) 553-3347 Address: 212 E. 42nd St., New York, NY 10017 E-mail: [email protected] Conferences Phone: (212) 490-8900 or (800) 221-4982 PARK CENTRAL NEW YORK Web site: www.shorehamhotel.com Events E-mail: [email protected] Presentations Web site: www.newyorkhotels.com 935 guest rooms, 15,000 square feet SKYLINE HOTEL Screenings of meeting space, $199 to $399 Receptions 232 guest rooms, 2 meeting rooms, Parties NEW YORK MARRIOTT AT THE BROOKLYN Address: 870 Seventh Ave, New York, NY 10019 $219 to $359 Phone: (212) 247-8000 BRIDGE Address: 725 10th Ave, 49th Street, New York, NY 10019 667 guest rooms, including 28 suites; E-mail: [email protected] Web site: www.parkcentralny.com Phone: (212) 586-3400 or (800) 433-1982 25 meeting rooms totaling more than E-mail: [email protected] 30,000 square feet, $259 to $499 RADISSON LEXINGTON HOTEL NEW YORK Web site: www.skylinehotelny.com Address: 333 Adams St, Brooklyn, NY 11201 705 guest rooms, 3 meeting rooms, Phone: (718) 246-7000 SOHO GRAND HOTEL $199 and up E-mail: [email protected] 363 guest rooms, 2 meeting rooms, Web site: www.brooklynmarriott.com Address: 511 Lexington Ave., New York, NY 10017 $299 and up Phone: (800) 448-4471 or (800) 448-4471 E-mail: [email protected] Address: 310 , New York, NY 10013 NEW YORK MARRIOTT DOWNTOWN Web site: www.lexingtonhotelnyc.com Phone: (212) 965-3000 497 guest rooms, 7 suites, 12 meeting E-mail: [email protected] rooms, $259 to $499 RADISSON MARTINIQUE ON BROADWAY Web site: www.grandhospitality.com LET US HOST YOUR NEXT Address: 85 West Street at Albany Street, 533 guest rooms and suites, 20,000 THE BENJAMIN CORPORATE EVENT! New York, NY 10006 square feet of meeting space, $259 Phone: (212) 385-4900 to $589 97 suites, 4 meeting rooms totaling Exclusive multi-function event space featuring: 4,766 square feet, $329 and up Web site: www.nymarriottdowntown.com Address: 49 W. 32nd St., New York, NY 10001 . Private 55-seat theater . Specialized lighting, decorations, Phone: (212) 736-3800 Address: 125 East 50th Street, New York, NY 10022 . Complete state-of-the-art furniture, etc. NEW YORK MARRIOTT EAST SIDE E-mail: [email protected] Phone: (212) 715-2500 or (888) 4-BENJAMIN audio/video equipment . Lounge/waiting area 646 guest rooms, 18 meeting rooms Web site: www.radisson.com/martinique E-mail: info@affi nia.com . Banquet room for up to 70 people . Located near restaurants, hotels, totaling more than 20,000 square feet, Web site: www.thebenjamin.com . Full kitchen and bar (catering parking and transportation $239 to $659 RENAISSANCE NEW YORK TIMES SQUARE available) THE BLAKELY NEW YORK Address: 525 Lexington Ave, New York, NY 10017 HOTEL 118 guest rooms, 1 penthouse Phone: (212) 755-4000 or (800) 242-8684 310 guest rooms, 5 suites, 4 meeting 57 SCREENINGROOM boardroom for up to 14 people. E-mail: [email protected] rooms, $259 - $699 . Between 6th & 7th Avenues . 212.765.0990 $355 to $445 Web site: www.nymarriotteastside.com Address: 2 Times Square, 714 Seventh Avenue, [email protected] . www.57screeningroom.com New York, NY 10036 Address: 136 West 55th Street, New York, NY 10019 NEW YORK MARRIOTT MARQUIS Phone: (212) 765-7676 or (800) HOTELS1 1,946 guest rooms, 100,000 square Web site: www.nycrenaissance.com feet of meeting space, $299 to $699 ROOSEVELT HOTEL Address: 1535 Broadway, New York, NY 10036 Phone: (212) 398-1900 or (800) 843-4898 1,015 guest rooms and suites, 30,000 Web site: www.nymarriottmarquis.com square feet of meeting space, $229 to $349 NEW YORK PALACE HOTEL Address: Madison Avenue at East 45th St., 897 guest rooms, 23 meeting rooms, New York, NY 10017 $400 to $800 Phone: (212) 661-9600 or (888) TEDDY-NY E-mail: [email protected] Address: 455 Madison Avenue, New York, NY 10022 Web site: www.theroosevelthotel.com Phone: (212) 888-7000 or (800) 697-2522 E-mail: [email protected] SAN CARLOS HOTEL Web site: www.newyorkpalace.com 147 guest rooms, 2 meeting rooms, NEW YORK’S boardroom accommodates 14, valen- cia 30, $289 to $549 1,700 guest rooms, 11 meeting rooms (3 ballrooms), $179 to $319 Address: 150 East 50th Street, New York, NY 10022 Phone: (212) 755-1800 or (800) 722-2012 Address: 401 Seventh Ave, New York, NY 10001 E-mail: [email protected] Phone: (212) 736-5000 or (800) 223-8585 Web site: www.sancarloshotel.com E-mail: [email protected] Web site: www.hotelpenn.com SHELBURNE MURRAY HILL NEW YORKER HOTEL-RAMADA PLAZA 263 suites, 1 meeting room totaling 5,100 square feet 912 guest rooms, 12 meeting rooms, 2 ballrooms, $159 to $289 Address: 303 Lexington Ave, New York, NY 10016 Phone: (212) 689-5200 or (866) AFFINIA Address: 481 Eigth Ave, New York, NY 10001 E-mail: info@affi nia.com Phone: (212) 971-0101 or (800) 764-4680 Web site: www.affi nia.com E-mail: [email protected] Web site: www.newyorkerhotel.com SHERATON MANHATTAN AT TIMES NOVOTEL NEW YORK SQUARE 658 guest rooms, 7 suites, 2 meeting 480 guest rooms, 3 meeting rooms, rooms with a total of 1,728 square $239 to $429 feet, $449 to $579 Address: 226 West 52nd Street, New York, NY 10019 Address: 790 Seventh Ave, New York, NY 10019 Phone: (212) 315-0100 or (800) 668-6835 Phone: (212) 581-3300 Web site: www.novotel.com E-mail: [email protected] Web site: www.sheraton.com/manhattan 396 guest rooms, 10 meeting rooms with SHERATON NEW YORK HOTEL AND a total of 7,200 square feet, $300 to $600 TOWERS Address: 21 East 52nd Street, New York, NY 10022 1,750 guest rooms, 43 meeting April 2010 S15

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Address: 50 Central Park South, New York, NY 10019 THE PLAZA HOTEL THE WALDORF-ASTORIA, 301 PARK AVE. TUDOR HOTEL W NEW YORK- UNION SQUARE Phone: (212) 308-9100 282 guest rooms, 10 meeting rooms, 1,425 guest rooms, including 303 300 guest rooms and 5 meeting 270 guest rooms, 16 suites, 6 meeting Web site: www.ritzcarlton.com $775 and up suites; 40 meeting rooms rooms, $325 to $595 rooms, $469 and up Address: Fifth Avenue at Central Park South, Address: 301 Park Ave., New York, NY 10022 Address: 304 East 42nd St., New York, NY 10017 Address: 201 Park Avenue South, New York, NY 10003 THE LONDON NYC New York, NY 10019 Phone: (212) 355-3000 or (800) WALDORF Phone: (212) 986-8800 Phone: (212) 253-9119 or (877) W-HOTELS The London features 3 unique private Phone: (212) 759-3000 or (800) 257-7544 Web site: www.waldorf.com E-mail: [email protected] Web site: www.whotels.com/nyc event and meeting rooms, complete E-mail: [email protected] Web site: www.tudorhotelny.com with custom furnishings. 2,200 square Web site: www.fairmont.com/theplaza TRAVEL INN W NEW YORK-TIMES SQUARE feet including a private reception foyer 160 guest rooms, 1 meeting room, COURTYARD 507 guest rooms, 6 meeting spaces, featuring a formal bar designed by THE RITZ-CARLTON NEW YORK, $160 to $400 226 guest rooms, 3 meeting rooms $429 and up innovator David Collins. The stunning BATTERY PARK with a total of 1,600 square feet, $179 Luxury Suite Collection provides one- Address: 515 West 42nd Street, New York, NY 10036 Address: 1567 Broadway, New York, NY 10036 298 guest rooms, 39 suites, 8 meeting Phone: (212) 695-7171 or (800) 869-4630 to $599 Phone: (212) 930-7400 or (877) W-HOTELS of-a-kind settings for intimate gather- rooms, $545 to $895 ings. $279 to $899 E-mail: [email protected] Address: 410 East 92nd Street, New York, NY 10128 Web site: www.whotels.com/nyc Address: Two West Street, New York, NY 10004 Web site: www.newyorkhotel.com Phone: (212) 410-6777 or (800) 321-2211 Address: 151 West 54th Street, New York, NY 10019 Phone: (212) 344-0800 E-mail: [email protected] Phone: (212) 307-5000 or (888) LON-DNYC E-mail: [email protected] GRAND HOTEL Web site: www.marriott.com/nycmh 426 guest rooms and suites, 7 meeting Web site: www.thelondonnyc.com Web site: www.ritzcarlton.com 203 guest rooms, 2 meeting and rooms, $255 to $650 screening rooms, additional event W NEW YORK Address: 65 West 54th Street, New York, NY 10019 THE MUSE NEW YORK HOTEL THE SURREY space and breakout rooms available, 688 guest rooms, including 61 suites; 7 200 guest rooms and 3 meeting Phone: (212) 247-2700 190 guestrooms including a pent- $399 and up meeting rooms, $419 and up E-mail: [email protected] rooms. Private Dining Room at Nios house with 1,150 square foot Private Restaurant. Prices starting at $269. Address: 2 Sixth Avenue, New York, NY 10013 Address: 541 Lexington Ave., New York, NY 10022 Web site: www.warwickhotelny.com Garden Access, a 1,000 square Phone: (212) 965-3114 Phone: (212) 755-1200 or (877) W-HOTELS Address: 130 West 46th Street, New York, NY 10036 foot Private Wrap-around Terrace. E-mail: [email protected] Web site: www.whotels.com/nyc WESTIN NEW YORK AT TIMES SQUARE Phone: (212) 485-2400 or (877) 692-6873 Features include a Dining Room, Web site: www.tribecagrand.com 863 guest rooms, 34 meeting rooms, E-mail: [email protected] Full Kitchen, Fireplace Soaking Tub, W NEW YORK- THE COURT $369 to $499 Web site: www.themusehotel.com Guest Bathroom, a presidential suite. TRUMP INTERNATIONAL HOTEL & TOWER Address: 270 West 43rd Street, New York, NY 10036 4,500 square foot Private Terrace with 155 guest rooms, 43 suites, 7 meeting The hotel features 167 luxury accom- rooms, $429 and up Phone: (212) 201-2700 or (888) 627-7149 Dining Room, Baby Grand Piano, modations, including 38 deluxe and Address: 130 East 39th Street, New York, NY 10016 E-mail: [email protected] 185 guest rooms, 54 suites, 6 meeting Claw-foot tub, Two and a Half Baths, superior guest rooms, 89 executive one- Phone: (212) 686-1600 or (877) W-HOTELS Web site: www.westinny.com rooms, $785 to $900 and Fireplace. Additionally, there are bedroom suites, and 40 two-bedroom Web site: www.whotels.com/nyc Address: 700 Fifth Ave, New York, NY 10019 2 private dinning facilities accommo- suites. The boardroom can hold meet- WOLCOTT HOTEL Phone: (212) 956-2888 or (866) 382-8388 dating up to 50 people and a private ings for up to 20 people. $495 - $795 200 guest rooms, 50 suites, 1 meeting E-mail: [email protected] rooftop garden. Rates starting at $450 Address: 1 Central Park West, New York, NY 10023 room, $120 to $200 Web site: www.peninsula.com Address: 20 East 76th Street , New York, NY 10021 Phone: (212) 299-1000 or (888) 448-7867 Phone: (212) 288-3700 or (800) 978-7739 Address: 4 West 31st Street, New York, NY 10001 E-mail: [email protected] Phone: (212) 268-2900 E-mail: [email protected] Web site: www.trumpintl.com Web site: http://www.thesurrey.com/ E-mail: [email protected] Web site: www.wolcott.com

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EDUCATION INSIDE THE LARGEST M.B.A. PROGRAMS in the NY area PAGE 37 “In my administration, we measure just about everything.” —Matthew Goldstein, City University of New York, Page 36

TURNING THINGS AROUND COLLEGES THAT are breaking fundraising records in these difficult economic times are often doing it under the leadership of a new chief who has brought new thinking to the effort. William Treanor, dean of the School of Law, is one of them. When he took over the leadership of Fordham Law in 2002, he expanded the development department and brought in a dynamic new director. Today, each development officer is tasked with making four to five visits a week to potential donors— and asking for money at each of those visits. Mr. Treanor, who spends 50% of his time with alumni and donors, holds himself to the same standard. This year, Fordham is bringing in five times what it did in 2002. Dr. Robert Grossman, who had never raised a dime before he became dean of New York University’s medical school and chief executive of its medical center, also overhauled a sleepy WINNING HIS CASE: development approach when he When Lehman Brothers collapsed, Fordham Law took the reins in 2007. He Dean William Treanor focused on cultivating multiple turned to bankruptcy sources of giving, from grateful lawyers for donations. He patients who can give only a few raised $1 million from Weil dollars to alumni and Gotshal & Manges. philanthropists eager to help push medical science into the future. “It’s all one-on-one, blocking and tackling, speaking to people, meeting with them and partnering with them,” says Dr.

buck ennis Grossman. At Wagner College, the development turnaround also began with new leadership. “We Passing the funding test needed an aggressive, nimble, entrepreneurial approach to fundraising,” says Richard number of schools in the city man- months ahead of schedule. Guarasci, who became president Despite the recession, schools aged to defy the fundraising dol- The success of institutions like in 2002. drums last year.Professional schools Pace in the current economic envi- Mr. Guarasci expanded the bring in record contributions did especially well. So did cam- ronment is remarkable. Overall, the fundraising department to 17 paigns that were launched before past year was a fundraising disaster people from three and landed a the economy tanked. Some schools for higher education.Nationally,in- $10 million donation from two BY JUDITH MESSINA entered the recession having over- stitutions raised 12% fewer dollars alumni, the largest gift ever to hauled sleepy development depart- in 2009 than in 2008. In New York, the college. Wagner, which in 2009, a year in which university endowments lost nearly one ments; others experimented with two of the city’s biggest money ma- hadn’t conducted a major quarter of their value and college fundraising posted its steepest new fundraising tactics.Virtually all chines—Columbia University and campaign in , has run drop on record,Fordham Law School had its best year ever.The say they are working harder than New York University—were down two campaigns in the past 10 school raked in $17.5 million in donor gifts and came within ever to cultivate alumni and other 16% and 14%, respectively, accord- years—one for $20 million and donors. ing to the Council for Aid to Edu- reach of its $100 million campaign goal. one for $50 million, which is “You have to continue to build cation. being expanded to $75 million. “Our fundraising has increased 500% over the past five years,” relationships and not be afraid to ask Indeed, despite the city’s legions Wagner officials marked the $50 says William Treanor, dean of Fordham Law. “Even at a point [for money] in a down economy,” of wealthy executives, local institu- million milestone on March 23 when the markets were suffering, we were still getting very says Christine Meola,vice president tions face unique challenges even in by ringing the closing bell at the for philanthropy at , good times:competition from thou- New York Stock Exchange. significant gifts.” which this month hit its three-year, sands of other needy nonprofits and Though many longtime donors hung back, a surprising $100 million campaign goal two See PASSING on Page 34

April 26, 2010 | Crain’s New York Business | 33 20100426-NEWS--0034-NAT-CCI-CN_-- 4/22/2010 5:42 PM Page 1

REPORT EDUCATION ZICKLIN SCHOOL OF BUSINESS Passing the fundraising test

Continued from Page 33 as several other seven-figure gifts. career success. For New York Uni- BE A PART OF IT the sky-high cost of capital projects, Recently, the small college came up versity’s medical school and hospi- MBA Programs necessitating huge fundraising goals. with a new tack, helping students tal, Dean Dr. Robert Grossman has “A big challenge in New York is from families most affected by the fi- raised $770 million in less than three MS Programs the cost of buildings,” says Robert nancial crisis. The message resonat- years, including 75 gifts of $1 mil- Executive Programs Kissane,chief executive of Commu- ed with a donor, who contributed lion or more. For NYU’s Stern nity Counseling Services, a fund- $50,000 to a challenge fund for School of Business, a recent trip to raising consultancy. “If you build a scholarships for those students. London by school officials generat- medical research building in Dallas, Fordham Law, too, incorporated ed commitments from seven alum- Newman Vertical Campus at 24th & Lex it’s nowhere near as expensive as on recession smarts. When Lehman ni who had never given before, in- .” Brothers collapsed, Mr. Treanor cluding one promise of $500,000. Though the recession complicat- ed that already difficult equation, it Productive approach got many development departments ‘You have to despite these success stories and thinking more creatively. Pace Uni- an optimistic forecast by fundraisers versity, for example, this year started engage donors that private giving to universities will doing generational marketing, mak- grow 3.7% this year, fundraising is ing different pitches, say, to baby in a variety not likely to get easier any time soon. boomers and new graduates. Nearly Moody’s still has a “negative” rating 10 months into the fiscal year,its an- of ways’ on the sector, given the difficulty of nual fund is up 28% over last year, raising tuition, cuts in state support and overall donations are up 13%. and the continuing economic slump. For their part,college fundraisers are Defying the odds taking nothing for granted. wagner college on Staten Island “If there is another economic set- kicked off the public phase of a $50 knew that going to banks would not back, could it get harder to raise million campaign in 2007 and be productive. Instead, he raised $1 money? Sure it could,”says Julie Lu- 646-312-1300 • [email protected] launched its first major gifts pro- million from leading bankruptcy law cas, associate dean at NYU’s Stern www.baruch.cuny.edu/zicklin gram the year before the recession.It firm Weil Gotshal & Manges. School of Business.“You have to lis- still managed to land a $5 million Professional schools have an to the market, you have to be contribution from the Richmond edge,even in tough times,since they strategic, and you have to engage County Savings Foundation, as well can point to their role in graduates’ donors in a variety of ways.” 

431 (Off Varick)

34 | Crain’s New York Business | April 26, 2010 Project9:fp template.qxd 4/13/10 12:07 PM Page 1

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reaking boundaries in science at The City University of New York — Distinguished women scientists at all CUNY colleges are making history all year round by conducting pioneering research in fields that are critical to our nation’s future. Through CUNY’s “Decade of Science,” they are teaching and working with outstanding students Bin laboratories and classrooms in diverse areas of applied and basic science. Vice Chancellor for Research Gillian Small and Vice Chancellor for Facilities Planning, Management and Construction Iris Weinshall are working together on the programming and construction of the new CUNY Advanced Science Research Center at City College. Matthew Goldstein World-class faculty. Breaking Boundaries. Making History. All year round at CUNY. Chancellor For more information about CUNY women in science visit www.cuny.edu/decadeofscience 20100426-NEWS--0036-NAT-CCI-CN_-- 4/22/2010 5:43 PM Page 1

nt Legal Studies in Business Management Market Quality Management Quantitative Finance Real Est Recently ranked among the REPORT Sports and Entertainment Taxation Accounting Bank nation’s top M.B.A. programs Finance Entrepreneurship Finance General Managem by Forbes, and recognized rvices Management Human Resources Managem by The Princeton Review, Technology International Business Investment Managem BusinessWeek and U.S. News Chancellor’s plans es in Business Management Marketing Marketing Qua & World Report, a Zarb School ent Quantitative Finance Real Estate Research Sports a of Business graduate degree is Continued from Page 1 $4,600 a year, at the senior colleges ment Taxation Accounting Banking Corporate Finan the edge you need. Top-ranked 1963. “Now I am constantly think- and upped it to $3,150, from programs. Renowned faculty. ing about how we can operate more $2,800, at the community colleges. eurship Finance General Management Health Servi effectively and instill confidence in Mr. Goldstein says that big tu- State-of-the-art facilities. nt Human Resources Management Information Technolo the university.” ition hikes will force some students al Business Investment Management Legal Studies Close to the heart of the Creating the community college to leave.CUNY officials are hopeful business world. Management Marketing Marketing Quality Managem of the future—a model that is likely that Gov. David Paterson’s proposal Motivated to be replicated at other schools—is to let the university set its own tu- ve Finance Real Estate Research Sports and Entertainm just one of many tasks Mr.Goldstein ition rates will pass. If that happens, ® ccounting Bankingto Corporateachieve. Finance Entrepreneurs fi nd your edge has tackled since becoming chancel- Mr. Goldstein wants to implement General Management Health Services Managem lor in 1999. In fact,his insomnia may small annual increases of 2% to 3%, have saved the largest urban univer- rather than big jumps whenever the sourcesDetermined Management Information Technology Internatio ៉ Find out if a Zarb business sity in the nation from ruin. state has a hole in its budget. Investment Management Legal Studies in Busin degree is right for you. Some educators worry that the Many achievements nt Marketingto Marketing succeed. Quality Management Quantitat Online Chat Sessions: glitzy new science research center is eal Estate Research Sports and Entertainment Taxat May 11, 12 - 1 p.m. in the past decade,Mr.Goldstein sucking up resources needed for ba- June 2, 8 - 9 a.m. has increased student enrollment by sic education. Manfred Philipp, a g Banking Corporate Finance Entrepreneurship Finan June 18, 12 - 1 p.m. 33%,to a record 259,515,while rais- chemist at and anagement Health Services Management Human Resour ing admissions standards. He has chairman of the University Faculty hofstra.edu/crains nt Information Technology International Business Investm added more than 1,500 full-time Senate,remembers well the period in faculty members, many from highly the ’70s when scientists had to con- nt Legal Studies in Business Management Market regarded schools.And he’s launched duct research in the hallways. He is Quality Management Quantitative Finance Real Est an honors school that competes thankful for the new science building Sports and Entertainment Taxation Accounting Bank with the Ivy League. He initiated going up at Lehman, but he ques- Finance Entrepreneurship Finance General Managem the university’s first-ever capital tions how the Advanced Science Re- campaign, which reached the $1.2 search Center is going to help teach rvices Management Human Resources Managem billion goal three years earlier than undergraduates, and whether the Technology International Business Investment Managem planned; and the system has raised university can afford it now. Frank G. Zarb es in Business Management Marketing Marketing Qua School of Business more than half of a new $3 billion “A lot of the capital money is go- target. Now he is embarking on an ing into the research center at City ent Quantitative Finance Real Estate Research Sports a ambitious and costly plan to make College at the same time we have a ent Taxation Accounting Banking Corporate Finan CUNY a national powerhouse in boom in undergraduate enroll- scientific research. ment,” Mr. Philipp says. “We don’t “He is the most innovative leader know where to put all the students.” in higher education today,” says Seymour Fliegel, president of the Getting past the problems Center for Educational Innovation- proponents of the plan say that Public Education Association.“And jumping into totally new waters is when he makes a commitment, he always risky.“If you want to create a carries it out.” great science center and your objec- Education experts say his plan for tions are that we have other prob- science is his boldest move yet. New lems,then you’ll never move ahead,” science facilities are being built at says Mr. Fliegel. Brooklyn, City, Hunter, Lehman It’s hard to find someone who and Queens colleges.And nearly 100 has less than full confidence in Mr. full-time faculty members have been Goldstein. Mayor Michael recruited. But the biggest symbol of Bloomberg recently handpicked CUNY’s science initiative is the him to chair the City Charter review $600 million, 200,000-square-foot commission. Advanced Science Research Center Colleagues say Mr. Goldstein’s under construction at City College. success as a leader stems from his The center will house scientists ability to collaborate and to make from all of the colleges who are con- everyone from students to philan- ducting research in five key areas,in- thropists feel invested in his projects. cluding nanotechnology and struc- “When Matt creates new pro- tural biology.Mr. Goldstein says the grams—like the honors college, for program will help attract more sci- example—he does it in such a col- ence and technology startups to laborative way with the faculty, stu- New York and is the key for making dents, trustees, everyone, that they Leaders don’t always CUNY a top-tier university. all think they created the school that “In my mind, no university can Matt actually created,” says Joseph fit the mold. consider itself a great university un- Lhota, a trustee and chair of the fis- less it takes education and research cal committee at CUNY. “There’s in the sciences and places it high on nobody Matt can’t talk to, to try to Neither should your degree. the agenda,” Mr. Goldstein says. convince them what needs to hap- “That is an area we neglected, and I pen to City University.” Introducing The City University of New York’s want to change that.” Wearing cuff links and sitting in a first online masters degree: The investment in science is con- stately office dotted with trinkets troversial.The capital projects alone from other countries and framed pic- The MS in Business Management and Leadership. cost around $1 billion and come at a tures of himself with luminaries like time of steep state budget cuts, cou- President Bill Clinton, Mr. Gold- The MS in Business Management and Leadership offers a great educational pled with record enrollment. stein looks more like a university opportunity at an affordable cost, with in-state tuition for all students. Over the past two fiscal years,the president than the math professor he state cut $121 million from the uni- started out as. But he still relies on Apply now, start classes in September. versity’s funding.Though the budg- statistics for everything he does. et isn’t finalized for the next fiscal “In my administration,we meas- Visit www.sps.cuny.edu/onlinems or call 212.652.CUNY for more information. year, beginning July 1, the state’s ure just about everything,” Mr. proposed reduction is an additional Goldstein says. “We look at the $84 million, leaving the university data,see where the softness is,we in- with $1.06 billion in state aid. vestigate, and we try and improve. To help make up the losses to the That’s how we can maintain the university’s $2.5 billion budget, the momentum, and not slide back to state increased tuition by 15%, to places we don’t want to be.” 

36 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0037-NAT-CCI-CN_-- 4/22/2010 5:44 PM Page 1

REPORT EDUCATION New York Area’s Largest M.B.A. Programs Ranked by total enrollment

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April 26, 2010 | Crain’s New York Business | 37 nb17p38-39cl.qxp 4/23/10 2:45 PM Page 38

PROFESSIONAL FOOTBALL PUBLIC & LEGAL NOTICES TICKETS Notice of Qualification of NAVISS, L.L.C. Notice of Formation of LEROYAUME Notice of Formation of a Limited LYNN HERMAN ASSOCIATES LLC, a Authority filed with NY Dept. of State SERVICES, LLC. Arts. of Org. filed Liability Company (LLC): Name: domestic Limited Liability Company Giants Half Season Tickets on 3/2/10. Office location: NY County. with Secy. of State of NY (SSNY) on NATIVE RESONANCE PRODUCTIONS (LLC) filed with the Sec of State of NY 2 premium seats in coaches club LLC formed in MO on 12/10/09. NY 4/17/09. Office location: NY County. LLC, Articles of Organization filed on 1/22/10. NY Office location: New btwn the 40 & the 50 Giants side. Sec. of State designated as agent of SSNY designated as agent of LLC with the Secretary of State of New York County. SSNY is designated as Food, beverages, VIP parking. On field LLC upon whom process against it upon whom process against it may be York (SSNY) on 01/28/2010. Office agent upon whom process against & post press access & more included. may be served and shall mail process served. SSNY shall mail process to: location: New York County. SSNY the LLC may be served. SSNY shall $1K per ticket/per game. to: c/o CT Corporation System, 111 Corporation Service Company, 80 has been designated as agent of the mail a copy of any process against 8th Ave., NY, NY 10011, regd. agent State St., Albany, NY 12207, registered LLC upon whom process against it the LLC served upon him/her to The 917-509-2876 upon whom process may be served. agent upon whom process may be may be served. SSNY shall mail a LLC, 1763 Second Ave., NY, NY @ rocnbob verizon.net MO and principal business address: served. Purpose: any lawful activity. copy of process to: C/O NATIVE 10128. General purposes. 618 Spirit Dr., Ste. 125, Chesterfield, RESONANCE PRODUCTIONS LLC, MO 63005. Arts. of Org. filed with Notice of Formation of JAC AND P.O. Box 277 Lanesborough, MA Notice of Formation of AMBROSIA MO Sec. of State, 600 W. Main St., MARI LLC. Arts. of Org. filed with 02137. Purpose: Any Lawful Purpose. CAPITAL LLC. Arts. of Org. filed with REAL ESTATE Jefferson City, MO 65102. Purpose: Secy. of State of NY (SSNY) on Latest date upon which LLC is to Secy. of State of NY (SSNY) on any lawful activity. 12/15/09. Office location: NY dissolve: No specific date. 03/25/10. Office location: NY County. County. Princ. office of LLC: 22 Princ. office of LLC: 10 W. 46th St., NOTICE OF FORMATION of King River Terr., Apt. 17P, NY, NY 10282. Notice of Formation of LEXINGTON 7th Fl., NY, NY 10036. SSNY desig- COMMERCIAL Prester John, LLC. Arts of Org filed SSNY designated as agent of LLC MANAGEMENT ASSOCIATES, LLC. nated as agent of LLC upon whom with the Secy of State of New York upon whom process against it may Arts. of Org. filed with Secy. of State process against it may be served. (SSNY) on 1/25/10. Office location: NY be served. SSNY shall mail process of NY (SSNY) on 04/08/10. Office SSNY shall mail process to the LLC County. SSNY has been designated as to the LLC at the princ. office of the location: NY County. Princ. office of at the addr. of its princ. office. an agent upon whom process may be LLC. Purpose: Any lawful activity. LLC: c/o Pacific Housing Advisors, Purpose: Any lawful activity. served and shall mail a copy of any 570 Lexington Ave., 24th Fl., NY, NY process to the principal business Name: I.W.E., LLC. Art Of Org. Filed 10022. SSNY designated as agent of address: 107 W. 119 St, Unit A, NY, NAME OF LLC: J E - FACE LLC Sec. Of State of NY 11/23/2009. Off. LLC upon whom process against it may NY 10026. Purpose: any lawful act. ARTICLES OF ORG. FILED DEPT OF Loc.: NY Co. SSNY designated as be served. SSNY shall mail process STATE OF NY ON 04/08/10. OFFICE agent upon whom process against it to the LLC at the addr. of its princ. LOCATION: NY COUNTY. NY SECY. Notice of Formation of AVID Holdings may be served. SSNY to mail copy office. Purpose: Any lawful actvity. OF STATE DESIGNATED AS AGENT LLC. Arts. of Org. filed with Secy. of of process to I.W.E., LLC, c/o 4EON OF LLC UPON WHOM PROCESS State of NY. (SSNY) on 2/23/10. Inc., Empire State Bldg., NY, NY 845 REALTY LLC, a domestic AGAINST IT MAY BE SERVED. Office location: NY County. SSNY 10018. Purpose: Any lawful act. SECY. OF STATE SHALL MAIL A CC VISIT OUR WEBSITE designated as agent of LLC upon Limited Liability Company (LLC) filed with the Sec of State of NY on TO: J. CATTAN, MEMBER AT 37 W. CRAINSNEWYORK.COM whom process against it may be 37TH ST., NEW YORK, NY 10018. served. SSNY shall mail process to: Name: 58 WEST 70th STREET, LLC 2/22/10. NY Office location: New The LLC, c/o Rosemarie Ottomanelli, Art. Of Org. Filed Sec. Of State of NY York County. SSNY is designated as 385 First Ave., Apt. 10F, NY, NY 02/04/10. Off. Loc.: New York Co. agent upon whom process against the LLC may be served. SSNY shall Notice of Qualification of 1350 LLC, 10010. Purpose: any lawful activity. SSNY designated as agent upon App. for Auth. filed Sec’y of State PUBLIC & whom process against it may be mail a copy of any process against the LLC served upon him/her to (SSNY) 2/25/10. Office loc.: NY served. SSNY to mail copy of process County. LLC org. in DE 10/26/99. LEGAL NOTICES Notice of Formation of Gray Gull to THE LLC, Attn: Ray Longwell, 58 Sami Katri, 7 E. 14th St., Apt. 518, LLC. Articles of Organization filed NY, NY 10003. General purposes. SSNY desig. as agent of LLC upon W 70th St., New York, NY 10023. whom process against it may be with Secy. of State of NY (SSNY) on Purpose: Any lawful act or activity. NOTICE OF FORMATION of SOLA 03/05/10. Office location: NY County. served. SSNY shall mail copy of REALTY, LLC. Arts of Org filed with SSNY designated as agent of LLC Notice of Formation of MSMG VEN- proc. to c/o Nat. Reg. Agents, 875 the Secy of State of New York (SSNY) upon whom process against it may NOTICE OF FORMATION OF ESK TURES, LLC. Arts. of Org. filed with Ave of the Americas, NY, NY 10001, on 4/5/10. Office location: NY County. be served. SSNY shall mail process Capital Management LLC. Arts. of Secy. of State of NY (SSNY) on the Reg. Agt. upon whom proc. may SSNY has been designated as an to the LLC, c/o Robinson Brog Org. filed with Secy. of State of N.Y. 03/05/10. Office location: NY County. be served. DE office addr.: 160 agent upon whom process may be Leinwand Greene Genovese & Gluck, (SSNY) on 2/11/10. Office location: Princ. office of LLC: Felix Nihamin & Dr., Ste. 101, Dover, DE served and shall mail a copy of any P.C., Attn: Leonard B. Nathanson, New York County. SSNY designated Associates, PC, 65 W. 36th St., NY, NY 19904. Cert. of Form. on file: SSDE, process to the principal business Esq., 1345 Avenue of the Americas, as agent of LLC upon whom process 10018. SSNY designated as agent of Townsend Bldg., Dover, DE 19901. address: 25 E. 11 St., Apt. 3, NY, NY 31st Fl., NY, NY 10105. Purpose: any against it may be served. SSNY shall LLC upon whom process against it Purp.: any lawful activities. 10003. Purpose: any lawful act. lawful act or activity. mail process to: 10 E. 13th St., 5F, may be served. SSNY shall mail process New York, NY 10003. Purpose: any to the LLC at the addr. of its princ. lawful activity. office. Purpose: Any lawful activity. Notice of Qualification of Goldman Notice of Formation of PECK SHEB Notice of Qualification of RIVER Sachs ESF Holdings, L.P. Authority LLC. Arts. of Org. filed with Secy. of TWICE CAPITAL ADVISORS, LLC. filed with Secy. of State of NY (SSNY) State of NY (SSNY) on 08/07/09. Authority filed with Secy. of State of BLACKDIVINE, LLC. Appl. for Auth. Notice of formation of limited liability on 3/5/10. Office location: NY County. Office location: NY County. Princ. NY (SSNY) on 04/08/10. Office loca- filed with Secy. of State NY (SSNY): company (LLC). Name: AUM CAPITAL, LP formed in Cayman Islands (CI) on office of LLC: c/o Brian Shebairo, tion: NY County. LLC formed in 02/12/10. Jurisd. and date of org.: TX LLC. Arts. of Org. filed with the Dept. 10/29/09. SSNY designated as agent 113 St. Marks Pl., NY, NY 10009. Delaware (DE) on 03/15/10. SSNY 11/13/08. NY State office loc.: NY Cty. of State of NY on May 05, 2009. Office of LP upon whom process against it SSNY designated as agent of LLC designated as agent of LLC upon SSNY designated as agent of LLC upon loc., New York County. Secretary of may be served. SSNY shall mail upon whom process against it may whom process against it may be whom process may be served. SSNY State of New York (SSNY) is designat- process to: 200 West St., NY, NY be served. SSNY shall mail process served. SSNY shall mail process to shall mail process to: c/o KVB PART- edas agent of LLC upon whom 10282. CI address of LP: Maples to the LLC at the addr. of its princ. c/o Medley Capital, LLC, 375 Park NERS, 60 Broad St., Suite 3502, New process against it may be served. Corporate Services Ltd, P.O. Box office. Purpose: Any lawful activity. Ave., 33rd Fl., NY, NY 10152. DE York, NY 10004. Addr. of LLC in TX The principal business location and 309, Ugland House, Grand Cayman, addr. of LLC: Corporation Service is c/o PARACORP INCORPORATED, address SSNY shall mail copy of KY1-1104, CI. Name/address of each Co., 2711 Centerville Rd., Ste. 400, 3610-2 N. Josey Ln #223, Carrollton, process to is Paul Shin, 2 Rector St., genl. ptr. available from SSNY. Cert. NOTICE OF FORMATION of Stuntbox, Wilmington, DE 19808. Arts. of Org. TX 75007. Cert. of Form. filed with 16th Fl., New York, NY 10006. of LP filed with Registrar of Exempted LLC. Arts of Org filed with the Secy filed with DE Secy. of State, Div. of TX Secy. of State, Corps. Sec., P.O. Management of the LLC shall be by LPs, Elizabethan Sq., 4th Fl., Phase of State of New York (SSNY) on Corps., 401 Federal St., Dover, DE Box 13697, Austin, TX 78711-3697. one or more members. Purpose: To Four, George Town, Grand Cayman, 2/23/10. Office location: NY County. 19901. Purpose: Any lawful activity. Purpose: any lawful activity. engage in any lawful act or activity. CI. Purpose: any lawful activity. SSNY has been designated as an agent upon whom process may be served and shall mail a copy of any process to the principal business address: 310 E. 44th Street, Apt M, NY, NY 10017. Purpose: any lawful act.

Notice of Qualification of IROQUOIS OPPORTUNITY MANAGEMENT L.L.C. Authority filed with Secy. of State of NY (SSNY) on 03/22/10. Office location: NY County. LLC formed in Delaware (DE) on 05/09/07. Princ. office of LLC: c/o Iroquois Capital Management, LLC, 641 Lexington Ave., 26th Fl., NY, NY 10022. SSNY designated as agent of LLC upon whom process against it may be served. SSNY shall mail process to the LLC at the addr. of its princ. office. DE addr. of LLC: Corporation Trust Center, 1209 Orange St., Wilmington, DE 19801. Arts. of Org. filed with Secy. of State of DE, Div. of Corps., 401 Federal St., Ste. 4, Dover, DE 19901. Purpose: Any lawful activity.

38 | Crain’s New York Business | April 26, 2010 nb17p38-39cl.qxp 4/23/10 2:46 PM Page 39

PUBLIC & LEGAL NOTICES

FORMATION NOTICE OF THE LIMIT- Notice of Qualification of JAMES Notice of Qualification of LIBER Notice of Qualification of Blue Light Notice of Qualification of CENTRAL ED LIABILITY COMPANY (LLC). PASSIN LLC II. Authority filed with CAPITAL, LLC. Authority filed with Capital Management, LLC. Authority PARK REALTY NY LLC. Authority NAME: SKATE’S, LLC. App. for Auth. Secy. of State of NY (SSNY) on Secy. of State of NY (SSNY) on filed with NY Dept. of State on filed with Secy. of State of NY filed with NY Secretary of State 2/4/10. Office location: NY County. 01/15/10. Office location: NY County. 4/13/10. Office location: NY County. (SSNY) on 03/22/10. Office location: (SSNY): March 16, 2010 under ficti- LLC formed in Delaware (DE) on LLC formed in Delaware (DE) on LLC formed in DE on 3/2/10. NY NY County. LLC formed in Delaware tious name SKATE’S ART MARKET 2/2/10. SSNY designated as agent of 03/10/09. Princ. office of LLC: 711 Sec. of State designated as agent of (DE) on 03/16/10. SSNY designated RESEARCH, LLC. LLC originally filed LLC upon whom process against it Third Ave., Ste. 1806, NY, NY 10017. LLC upon whom process against it as agent of LLC upon whom process with DE Secretary of State: February may be served. SSNY shall mail SSNY designated as agent of LLC may be served and shall mail against it may be served. SSNY shall 1, 2010. Office location: New York process to: 2112 Broadway, Apt. 7B, upon whom process against it may process to the principal business mail process to c/o Corporation County. SSNY designated as agent NY, NY 10023. DE address of LLC: be served. SSNY shall mail process address: 43 Crosby St., Ste. 4, NY, Service Co. (CSC), 80 State St., of the LLC upon whom process c/o National Registered Agents, Inc., to the LLC at the princ. office of the NY 10012. DE address of LLC: 615 Albany, NY 12207-2543. DE addr. of against it may be served. SSNY shall 160 Greentree Drive, Ste. 101, Dover, LLC. DE addr. of LLC: Corporation S. DuPont Hwy., Dover, DE 19901. LLC: c/o CSC, 2711 Centerville Rd., mail copy of process to 575 DE 19904. Arts. of Org. filed with DE Service Co., 2711 Centerville Rd., Arts. of Org. filed with DE Sec. of Ste. 400, Wilmington, DE 19808. Broadway, 5th Floor, New York, New Secy. of State, 401 Federal St., Ste. Ste. 400, Willmington, DE 19808. State, 401 Federal St., Dover, DE Arts. of Org. filed with Secy. of State York 10012, ATTN: President/CEO. 4, Dover, DE 19901. Purpose: any Arts. of Org. filed with Secy. of State 19901. Purpose: investment fund. of DE, State of DE - Div. of Corps., Purpose: All lawful purposes. lawful activity. of DE, Div. of Corps., John G. John G. Townsend Bldg., 401 Townsend Bldg., 401 Federal St., Federal St. - Ste. 4, Dover, DE Notice of Formation of 677 Lexington NOTICE OF FORMATION of Little Ste. 4, Dover, DE 19901. Purpose: 19901. Purpose: Any lawful activity. Notice of Qualification of PFS Any lawful activity. Acquisition, LLC. Arts. of Org. filed Holdings, LLC. Authority filed with Brown NYC Lexington LLC .Arts of with Sec. of State of NY (SSNY) on NY Dept. of State on 3/26/10. Office Org filed with the Secretary of State 5/1/02. Office location: NY County. Notice of Formation of Egremont location: NY County. LLC formed in of New York (SSNY) on 4/1/10. Notice of Formation of BRICK-RUN SSNY designated as agent of LLC Associates LLC. Arts. of Org. filed with DE on 11/24/09. NY Sec. of State Office location: NY County. SSNY SPORTS PHYSICAL THERAPY, upon whom process against it may NY Dept. of State on 2/24/10. Office designated as agent of LLC upon has been designated as an agent PLLC. Arts. of Org. filed with Secy. of be served and shall mail process to: location: NY County. Princ. bus. addr.: whom process against it may be upon whom process may be served. State of NY (SSNY) on 10/24/06. c/o Anderson & Rottenberg, P.C., 473 West End Ave., Ste. 8C, NY, NY served and shall mail process to: SSNY shall mail a copy of any Office location: NY County. SSNY 369 Lexington Ave., NY, NY 10017, 10024. Sec. of State designated c/o CT Corporation System, 111 8th process to: 1838 Second Ave. #136, designated as agent of PLLC upon Attn: Charles S. Rich, Esq. Purpose: agent of LLC upon whom process Ave., NY, NY 10011, regd. agent NY, NY 10128. Principal business whom process against it may be any lawful activity. against it may be served and shall upon whom process may be served. address: Coffee Shop, NY, NY 10028. served. SSNY shall mail process to mail process to: c/o Geringer & Dolan DE addr. of LLC: 1209 Orange St., Purpose: any lawful act. Gurjeet Chadha, 5800 Arlington Ave., LLP, 5 Hanover Sq., 3rd Fl., NY, NY Wilmington, DE 19801. Arts. of Org. Apt. 3M, Riverdale, NY 10471. NOTICE OF FORMATION OF BNL 10004, Attn: Harold I. Geringer. Partners LLC Arts. of Org. filed with filed with DE Sec. of State, 401 NOTICE OF FORMATION of Janeric Purpose: Any lawful activity. Purpose: any lawful activity. Federal St., Dover, DE 19901. NY Sec of State (SSNY) on 9/24/09. Fashions LLC. Arts of Org filed with Office location: New York County. SSNY Purpose: any lawful activity. the Secy of State of New York (SSNY) MICHELLE RUBEL EVENTS & DESIGN NOTICE OF FORMATION of Hotiron LLC Articles of Org. filed NY Sec. of has been designated as agent of LLC on 10/9/09. Off loc: NY Cty. SSNY has upon whom process against it may Creative, LLC. Arts of Org filed with Notice of Qualification of The Mangrove been designated as an agent upon State (SSNY) 3/15/2010. Office in NY the Secy of State of New York (SSNY) Co. SSNY desig. agent of LLC upon be served. SSNY shall mail a copy of Partners Fund, L.P. App. For Auth. whom process may be served and process to: Corporation Service on 1/13/10. Office location: NY County. filed with Secy. of State of N.Y. shall mail a copy of any process the whom process may be served. SSNY SSNY has been designated as an shall mail copy of process to 103 E. Company, 80 State St, Albany, NY (SSNY) on 3/3/2010. Office location: principal bus. add: 214 W. 39th St, 300, 12207. Purpose: any lawful activity. agent upon whom process may be New York County. LP formed in DE NY NY 10018. Purpose: any lawful act. 86th St., Ste. 12B, NY, NY 10128, served and shall mail a copy of any on 3/1/2010. SSNY designated as which is also the principal business process to the principal business location. Purpose: Any lawful purpose. agent of LP upon whom process NOTICE OF FORMATION OF CIVITAS Notice of Formation of address: 330 E 46 St., 11G, NY, NY against it may be served. SSNY shall ENERGY ADVISORS, LLC. Arts. of Holdings NY, LLC. Arts. of Org. filed 10017. Purpose: any lawful act. mail process to: 100 W. 58th St., Ste. Org. filed with the Secy. of State of BEIGE CAPITAL LLC Arts. of Org. with NY Dept. of State on 2/1/10. 8F, New York, NY 10019, Attn: NY (SSNY ) on 2/10/10. NY Office filed with NY Sec. of State (SSNY) Office location: NY County. Sec. of Notice of Formation of Dana L. Wolf, Nathaniel August. DE address of LP: location: NY County. SSNY is desig- 12/3/2009. Office in NY Co. SSNY State designated as agent of LLC DMD, MS, PLLC. Arts. of Org. filed 615 South DuPont Hwy., Dover, DE nated as agent upon whom process design. agent of LLC upon whom upon whom process against it may with Secy. of State of NY (SSNY) on 19901. Name/address of each genl. against the LLC may be served. process may be served. SSNY shall be served and shall mail process to 3/5/10. Office location: NY Co. ptr. available from SSNY. Cert. of LP SSNY shall mail a copy of any mail process copy to: 1 Penn Plaza, the principal business addr.: c/o The SSNY designated as agent of LLC filed with DESS, P.O. Box 898, Dover, process against the LLC served Ste. 4501, NY, NY 10119. Purpose: Olnick Organization, Inc., 135 E. 57th upon whom process against it may DE 19903. Purpose: to engage in any upon him/her to The LLC, 201 East any lawful activity. St., 22nd Fl., NY, NY 10022, Attn: Legal be served. SSNY shall mail process act or activity under the NY LP Law. 69th Street, #7S, NY, NY 10021. Dept. Purpose: any lawful activity. to: Dana L. Wolf, DMD, MS, 2373 Purpose: Any lawful activities. Notice of Qualification of Warburg Broadway, Apt. 709, NY, NY 10024. Notice of Qualification of SOUND Pincus (Callisto) Private Equity X, Notice of Qualification of P&A Film Purpose: any lawful activities. HARBOR CAPITAL LLC. Authority filed Notice of Qualification of Kenneth L.P. Authority filed with NY Dept. of Fund LLC. Authority filed with NY with Secy. of State of NY (SSNY) on Productions, LLC. Authority filed with State on 3/11/10. Office location: NY Dept. of State on 4/8/10. Office loca- Notice of Qualification of Concierge 03/29/10. Office location: NY County. NY Dept. of State on 11/25/09. Office County. LP formed in DE on 3/9/10. tion: NY County. Princ. bus. addr.: 60 Auctions LLC. Authority filed with LLC formed in Delaware (DE) on location: NY County. Princ. bus. addr.: NY Sec. of State designated as S. 6th St., Ste. 3900, Minneapolis, Secy. of State of NY (SSNY) on 08/21/09. Princ. office of LLC: Michael 603 W. 50th St., NY, NY 10019. LLC agent of LP upon whom process MN 55402. LLC formed in DE on 3/23/10. Office location: NY County. J. Zupon, CEO, 12 E. 49th St., 36th formed in DE on 5/21/99. NY Sec. of against it may be served and shall 3/19/10. NY Sec. of State designated LLC formed in Florida (FL) on 6/25/08. Fl., NY, NY 10017. SSNY designated State designated as agent of LLC mail process to the principal busi- as agent of LLC upon whom process SSNY designated as agent of LLC as agent of LLC upon whom process upon whom process against it may be ness addr.: c/o Warburg Pincus LLC, against it may be served and shall upon whom process against it may against it may be served. SSNY shall served and shall mail process to: c/o 450 Lexington Ave., NY, NY 10017, mail process to: c/o CT Corporation be served. SSNY shall mail process mail process to the LLC at the addr. of CT Corporation System, 111 8th Ave., Attn: General Counsel. DE addr. of System, 111 8th Ave., NY, NY 10011, to: National Corporate Research, its princ. office. DE addr. of LLC: c/o NY, NY 10011, regd. agent upon LP: c/o The Corporation Trust Co., regd. agent upon whom process may Ltd., 10 E. 40th St., 10th Fl., NY, NY Corporation Service Co., 2711 whom process may be served. DE 1209 Orange St., Wilmington, DE be served. DE addr. of LLC: The 10016. FL address of LLC: 777 S Centerville Rd., Ste. 400, Wilmington, addr. of LLC: The Corporation Trust 19801. Name/addr. of genl. ptr. Corporation Trust Co., 1209 Orange Flagler Dr., Ste. 800, W Palm Beach DE 19808. Arts. of Org. filed with DE Co., 1209 Orange St., Wilmington, DE available from NY Sec. of State. St., Wilmington, DE 19801. Arts. of FL 33401. Arts. of Org. filed with FL Secy. of State, Div. of Corps., 401 19801. Arts. of Org. filed with DE Sec. Cert. of LP filed with DE Sec. of Org. filed with DE Sec. of State, 401 Secy. of State, 2661 Executive Federal St., Dover, DE 19901. of State, 401 Federal St., Dover, DE State, Townsend Bldg., Dover, DE Federal St., Dover, DE 19901. Center Circle, Tallahassee, FL Purpose: Any lawful activity. 19901. Purpose: any lawful activity. 19901. Purpose: any lawful activity. Purpose: any lawful activity. 32301. Purpose: any lawful activity.

April 26, 2010 | Crain’s New York Business | 39 20100426-NEWS--0040-NAT-CCI-CN_-- 4/22/2010 7:40 PM Page 1

FOR THE RECORD

G Office of the Comptroller Leonard Feinstein, co-chairman, G MSC Industrial Direct Co. (MSM) Requests proposals by 4 p.m. on May 3 exercised options on 100,000 shares of David Sandler, president, chief executive ABOUT THIS SECTION for a private equity investment common stock at $23.78 on April 9, in a and executive director, exercised options FOR THE RECORD is a weekly listing of information from the public record that consultant. Questions regarding this transaction worth $2,378,150. Between on 61,000 shares of common stock at solicitation should be directed to Evelyn April 9 and April 12, he sold 826,554 $37.45 between April 9 and April 12, in can help businesspeople in the New York area find opportunities, potential Dresler at (212) 69-8235 or shares at prices ranging from $45.54 to a transaction worth $2,284,450. During new clients and updates on competitors. [email protected]. $45.67 in a transaction worth the same period, he sold 61,000 shares at To ask questions or get more information on this section, contact Denise $37,668,252. He now directly and prices ranging from $55.23 to $56.51 in Southwood at [email protected]. indirectly holds 3,649,300 shares. a transaction worth $3,397,545. He now REAL ESTATE DEALS directly holds 122,135 shares. Warren Eisenberg, co-chairman, Firms that would like to have details of their exercised options on 100,000 shares of Charles A. Boehlke Jr., chief financial recent transactions appear in these listings common stock at $23.78 on April 9, in a officer, principal accounting officer, BANKRUPTCIES GOVERNMENT CONTRACT should e-mail descriptions following this transaction worth $2,378,150. Between executive vice president and director, OPPORTUNITIES format to [email protected], April 9 and April 12, he sold 726,554 exercised options on 60,892 shares of The following listings are selected from the with “Real estate transaction” in the subject shares at prices ranging from $45.54 to common stock at prices ranging from most recent available filings by companies Following are selected contract line, or enter them online at $45.67 in a transaction worth $23.41 to $37.45 on April 9, in a seeking bankruptcy protection in the opportunities recently announced by New crainsnewyork.com/submitadeal. Deals are $33,114,414. He now directly and transaction worth $2,015,162. On the Southern and Eastern Districts of New York City agencies.To learn how to sell listed in order of square footage. indirectly holds 4,064,640 shares. same day, he sold 60,892 shares at prices York. Information was obtained from U.S. goods and services to city government, visit ranging from $55.38 to $56.39 in a Bankruptcy Court records available on www.nyc.gov/selltonyc. For a searchable OFFICE G Vornado Realty Trust (VNO) transaction worth $3,394,184. He now Public Access to Court Electronic Records. database of current procurement notices, G Loeb Block & Partners signed a 12- Russell B. Wight Jr., trustee, sold 60,000 directly holds 62,424 shares. Listings are in alphabetical order. visit www.nyc.gov/cityrecord. year, 26,300-square-foot lease at 505 shares of common stock at prices Park Ave., a 219,000-square-foot office ranging from $80.08 to $81.08 between G John Wiley & Sons Inc. (JW.A) G African Best Supermarket & Wholesale CONSTRUCTION SERVICES building owned by Glorious Sun New April 6 and April 13, in a transaction Eric A. Swanson, senior vice president Corp. G Department of Design and Construction York Inc. The law firm will occupy the worth $4,835,990. He now directly of Wiley-Blackwell, exercised options 406 E. 161st St., the Bronx Seeks competitive sealed bids by 11 a.m. entire seventh and eighth floors. The holds 6,456,500 shares. on 75,000 shares of common stock at Filed for Chapter 11 bankruptcy on May 7 for traffic calming in tenant was represented by Christopher prices ranging from $31.89 to $38.55 on protection on April 14. The filing cites downtown Brooklyn. Contact Ben Kraus and Robert Taylor of Jones Lang Mitchell N. Schear, president of April 9, in a transaction worth estimated liabilities of $0 to $50,000 and Perrone at (718) 391-2614. LaSalle. David E. Green of Cushman & Vornado/Charles E. Smith, sold 39,464 $2,558,250. On the same day, he sold estimated assets of $50,001 to $100,000. Wakefield represented the landlord. The shares of common stock at $81.55 on 75,000 shares at $43.30 in a transaction Among the creditors with the largest G Department of Homeless Services asking rent was not disclosed. April 13, in a transaction worth worth $3,247,500. He now directly unsecured claims are Melrose Master Requests competitive sealed bids by 11 $3,218,289. He now directly holds holds 137,927 shares. Leasing, owed $25,551.85; and Lafee a.m. on May 12 for an exterior upgrade G Enhanced Capital Partners signed a 11,695 shares. Distribution Inc., owed $1,200. of the Brownsville Women’s Shelter. A 10-year, 15,469-square-foot lease at 601 G Aéropostale Inc. (ARO) mandatory prebid conference has been Lexington Ave., a 59-story, 1.7 million- G Starwood Hotels & Resorts Worldwide Olivera Lazic-Zangas, senior vice G Brooklyn Stucco, DBA Franklin Stucco scheduled for 10 a.m. on April 28 at 357 square-foot building owned by Boston Inc. (HOT) president and director of design, Supply of Brooklyn Saratoga Ave., Brooklyn. For further Properties. The firm will occupy part of Vasant M. Prabhu, vice chairman, exercised options on 70,627 shares of 2032 McDonald Ave., Brooklyn information, contact Anthony Salako at the 55th floor. Ben Friedland, Brad executive vice president and chief common stock at prices ranging from Filed for Chapter 7 bankruptcy (212) 361-8445 or [email protected]. Needleman and Sam Seiler of CB financial officer, exercised options on $10.37 to $18.86 on April 14, in a protection on April 13. The filing cites Richard Ellis represented the tenant in 86,740 shares of common stock at prices transaction worth $942,754. On the estimated liabilities of $1,000,001 to G Health and Hospitals Corp. the transaction, while Frank Doyle, ranging from $29.02 to $31.71 on April same day, she sold 70,627 shares at $10 million and estimated assets of Seeks competitive sealed bids by 1:30 David Kleiner, and Cynthia 9, in a transaction worth $2,582,721. On $31.02 in a transaction worth $100,001 to $500,000. Among the p.m. on May 27 for the expansion of the Wasserberger of Jones Lang LaSalle the same day, he sold 86,740 shares at $2,191,160. She now directly holds creditors with the largest unsecured emergency room at Coney Island represented the landlord. The asking prices ranging from $49.25 to $49.77 in 21,552 shares. claims are Franklin Stucco Supply, owed Hospital in Brooklyn. Mandatory pre- rent was $85 per square foot. a transaction worth $4,286,853. He now $203,000; and American Express, owed meeting site tours have been scheduled directly holds 250,260 shares. G G-III Apparel Group Ltd. (GIII) $98,000. for 1 p.m. on April 27 and April 28 at G AHRC of New York City signed a 10- Sammy Aaron, director, vice chairman 2601 Ocean Parkway in the Kane year lease for 9,000 square feet of G Becton Dickinson & Co. (BDX) and president of the Marvin Richards G Errio Construction Co. Memorial Auditorium. Interested ground-floor space at 522 Bushwick Ave. Henry P.Becton, lead director, sold division, sold 74,800 shares of common 613 E. 89th St., Brooklyn parties need attend only one meeting. in Brooklyn. The six-story, 75,000- 47,320 shares of common stock at stock at prices ranging from $27.74 to Filed for Chapter 11 bankruptcy For additional information, contact square-foot building is owned by the $78.58 on April 9, in a transaction worth $28.21 between April 12 and April 13, protection on April 8. The filing cites Clifton McLaughlin at (212) 442-3658 Ridgewood Bushwick Senior Citizen $3,718,406. He now indirectly holds in a transaction worth $2,102,447. He estimated liabilities of $500,001 to $1 or [email protected]. Council. Jonas Rudofsky of 1,230,860 shares. now directly holds 149,059 shares.  million and estimated assets of $100,001 Squarefeet.com represented the tenant to $500,000. Among the creditors with GOODS AND SERVICES in the transaction, while Scott Short the largest unsecured claims are Eddy G Department of Sanitation represented the owner in-house. The Witrack, owed $100,000; and Seeks competitive sealed bids by 11 a.m. asking rent was $32 per square foot. DEALS ROUNDUP Landmark Builders Group, owed on May 26 to remove, process and $60,000. market used clothing, linens, footwear, G Purrington Moody Weil signed a 10- apparel accessories and clean rags year, 8,000-square-foot lease at 414 W. TRANSACTION SIZE COMPANY (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE G Rockwood Hargrave donated by the public through deposit 14th St. The law firm will move into the 555 Fifth Ave. bins. Two optional prebid conferences fourth floor of the six-story, 60,000- DynCorp International Inc. $1,564.4 Cerberus Capital Management FB M&A Filed for Chapter 11 bankruptcy have been scheduled for 11 a.m. on square-foot building owned by The (Manhattan) protection on April 14. The filing cites April 28 and May 12 at 44 Beaver St., Carlyle Group and Sitt Asset Hines 600 Lexington Ave. $242.9 SL Green Realty Corp. (Manhattan) FB M&A estimated liabilities of $50,001 to sixth-floor conference room. For more Management. Matthew Bergey of CB (Manhattan) $100,000 and estimated assets of information, contact the ACCO office Richard Ellis represented the tenant, United Arab Investors $221.4 Global Emerging Markets (Manhattan) GCI $500,001 to $1 million. Among the bid room at (917) 237-5357. and John Brod and Laura Pomerantz of Green Bancorp Inc. $115.0 Friedman Fleischer & Lowe, GCI creditors with the largest unsecured PBS Real Estate represented the owner. Harvest Partners (Manhattan), claims are Vitesse 99, owed $41,000; and G Department of Small Business Services The asking rent was $70 per square foot. Pine Brook Road Partners (Manhattan) Rockwood Asociados, owed $16,289. Requests proposals by 3 p.m. on June 8 W The Court $78.0 St Giles Hotel Ltd. SB M&A for employment-related services to job RETAIL and W The Tuscany (Manhattan) G Saint Vincent Catholic Medical seekers and businesses at Workforce1 G T.J. Maxx signed a 10-year, 28,000- Xobni Corp. $16.2 JLA Ventures, RRE Ventures (Manhattan), GCI Centers of New York Career Centers. A preproposal square-foot lease at 250 W. 57th St.,a RBC Venture Partners, First Round Capital, 170 W. 12th St. conference is scheduled for 2 p.m. on 26-story, 535,000-square-foot building Khosla Ventures, Atomico Investment Filed for Chapter 11 bankruptcy May 13 at 110 William St., fourth-floor owned by W&H Properties. The retailer Holdings Ltd., Cisco Systems investment arm, protection on April 14. The filing cites conference room. For questions, contact will move into the 2,600-square-foot Baseline Ventures estimated liabilities of more than $1 Daryl Williams at (212) 618-8731 or ground floor, the entire second floor of GSC Investment Corp. $15.0 Saratoga Partners (Manhattan), GCI billion and estimated assets of [email protected]. 20,000 square feet and a 5,000-square- (Manhattan) individual investors $100,000,001 to $500 million. Among foot portion of the lower level. Peter Quatrro BPO Solutions $13.0 Walden International, Olympus Capital GCI the creditors with the largest unsecured G Health and Hospitals Corp. Ripka of Ripco Real Estate represented (P) Ltd. Holdings Asia (Manhattan), individual claims are Aptium Oncology, owed Requests proposals by 3 p.m. on May 26 the tenant, and Joanne Podell and Matt investors, management of Quatrro BPO Solutions (P) Ltd. $6,453,089; and Local 1199 Benefit for direct sales and on-site home health Siegel of Cushman & Wakefield Fund, owed $3,696,513.26. care service. A preproposal conference is represented the landlord. The asking Tynt Multimedia Inc. $8.0 iNovia Capital, Greycroft (Manhattan), GCI scheduled for 10 a.m. on May 4 at 451 rent was $350 per square foot. Panorama Capital, W Media Ventures, Metamorphic Ventures, individual investors G 1781 Fitness Corp., DBA Synergy Clarkson Ave., Brooklyn. For questions Fitness regarding this bid, contact Declan Searchandise Commerce Inc. $7.0 Draper Fisher Jurvetson, Madrona Venture GCI 1781 Second Ave. LaHee at (718) 245-2126 or STOCK TRANSACTIONS Group, Wheatley Partners (Manhattan), Draper Fisher Jurvetson Gotham Ventures (Manhattan), Filed for Chapter 11 bankruptcy [email protected]. Inflection Point Ventures, Milestone Venture protection on April 12. The filing cites Following are recent insider transactions at Partners (Manhattan), Cloquet Capital Partners estimated liabilities of $100,001 to G Housing Authority New York’s largest publicly held companies Selected deals announced for the week ended April 17 involving companies in metro New York. $500,000 and estimated assets of Requests information by 3 p.m. on April filed with the Securities and Exchange FB M&A: Financial buyer M&A represents a minority or majority acquisition of existing $100,001 to $500,000. Among the 28 for the study of current inventory Commission by executives and major shares of a company with the participation of a financial buyer. GCI: Growth capital investment creditors with the largest unsecured management processes at Housing shareholders.The information was represents new money invested in a company for a minority stake. SB M&A: Strategic buyer claims are Ruppert Housing Co., owed Authority storerooms. For details, obtained from Thomson Reuters. M&A represents a minority or majority acquisition of existing shares of a company without the $120,000; and Clean Rite Laundry, contact Jeffrey Jung at (212) 306-8143 participation of a financial buyer. source: capitaliq owed $6,093.20. or [email protected]. G Bed Bath & Beyond Inc. (BBBY)

40 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0041-NAT-CCI-CN_-- 4/23/2010 6:22 PM Page 1

marked property—attracted 100 visitors, according to Mr. Osher, Spring in apt. sales whose firm is handling sales there. NY’s paper tigers

Continued from Page 2 Directors Inc. Sunshine in a downpour Continued from Page 2 their paper has so many more local Ms. Mack notes that two years Even at Extell Development’s last month, Corcoran Sunshine dramatic falloff in the Times’aver- readers, and advertisers are already ago,the average size of an apartment The Rushmore on the Upper West recorded its most successful semian- age daily circulation in the New reaching nearly half of the Journal’s sold in a new Manhattan develop- Side, where a judge recently ordered nual open-house weekend in the York area is proof that it’s vulnera- readers through the Times. ment was 1,250 square feet;it is now the developer to release 41 buyers event’s two-year history. Although ble. Last year, that number stood at 1,475, an increase of 18%. from their contracts because it the event took place during a down- 406,000 copies, 39% below where it New advertisers In a still-fragile housing market, missed the closing date, $100 mil- pour, it drew 400 brokers and was in 2000, according to the Audit “if you’re an advertiser,you’ve price cuts can work wonders. Earli- lion in sales were recorded in the past prospective buyers and generated 11 Bureau of Circulations.The Journal got to answer the question,‘Why am er this month, the developers of 5th six months. While Extell, which is accepted offers for apartments at a has grown to 294,000 copies, a 29% I going to pay twice for that audi- on the Park, a new 150-unit devel- challenging the ruling, may lose dozen properties, including The rise from 2000. ence?’ ” says Scott Heekin-Canedy, opment in Harlem,slashed prices by roughly $13.5 million in down pay- Laurel and Manhattan House. The The Times’ local slide is partly general manager of the paper. as much as 15% to move their 70 un- ments and $95 million in apartment total value of those contracts came due to the paper’s push to become a “They’re not going to.” sold units. While most developers sales, it appears that the will to $30.3 million. national paper, which helped keep The Journal’s New York edition shy away from official discounting, be short-lived. Corcoran Sunshine, While most brokers are opti- its total circulation relatively has brought in a few new ad- they’re willing to negotiate with se- mistic about sales prospects for the stable. It had an average dai- vertisers, including Ameri- rious buyers. crucial spring house-hunting sea- ly circulation of 928,000 39% can Ballet Theatre,and Dow “It’s a different world now,” says The average size son, some big obstacles loom. Most copies in the six-month pe- THE DROP in Jones sees plenty of room for Shaun Osher, founder and chief ex- important, the federal government riod that ended Sept. 30, The New York growth. of a new unit Times local ecutive of CORE, a residential bro- stopped its massive purchases of 2009—a 7% drop from the circulation since Last year, Saks Fifth Av- kerage. “It depends on the project, mortgage-backed securities at the prior year.The Journal’s total 2000 enue,Bloomingdale’s,David but there has to be a discount.” sold is up 18% end of last month.There is growing circulation came to a chart- Yurman and other luxury re- concern that as a result, and in light topping 2.02 million, though it is tailers spent a total of $28.4 million Out of the closet of the strengthening economy, also the only paper that counts on- in the Times, but only $525,000 in in a sign of growing confidence, mortgage rates may rise. line subscriptions. the Journal, according to Kantar more developers are putting their Others warn that if the stock Media. Those companies have units on the market officially, or the Rushmore’s exclusive marketing market falls back or if unemploy- More pressure bought ads in the new edition. reintroducing sales at troubled agent,is confident that it will be able ment rates start climbing again, but there’s no question that the Media buyers say they like having properties. Griffin Court, a 95-unit to resell units if they are released. homebuyers’ confidence could take Times put less emphasis on New another way to target local readers luxury condo in the Clinton area of “It’s one of our best-selling new a major hit. York as it was forced to cut costs. and that the investment in both pa- Manhattan, debuted last month. developments,” says Ms. Mack. “The worst is behind us, but in Times executives acknowledge pers isn’t likely to add to the total ad- Meanwhile, apartments at the huge Traffic at open houses is also some cases, prices still need to be that the competition will put even vertising pie. “Nothing will cause Sheffield57 midtown condo con- promising. The most recent open lowered,” says Jorden Tepper, exec- more pressure on the paper,and that advertisers to increase their newspa- version, which was sold last year in a house at The Cammeyer in utive director of sales at Century 21 there will be a period of trial by some per spending,” says Scott Daly,exec- foreclosure auction, are quietly be- Chelsea—the 67-unit condo con- NY Metro. At some buildings, he advertisers. But they insist that the utive media director at ad agency ing sold by the new exclusive sales version of the former home to the says, prices need to go down anoth- numbers indicate a steep uphill Dentsu America.“But we all enjoy a and marketing agent, Marketing world’s largest shoe store, a land- er 5% to 10% to spur sales.  climb for their rival, if only because good cage match.” 

Check gates. Check times. Check fares. Check in. Check it out at AA.com/mobile.

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April 26, 2010 | Crain’s New York Business | 41 20100426-NEWS--0042-NAT-CCI-CN_-- 4/23/2010 7:32 PM Page 1

Street’s derivatives dilemma

Continued from Page 3 derivatives last year than from under- clined to compromise on two other the city and state’s tax revenues. writing stocks or bonds for corporate big issues—the creation of an inde- Although derivatives have been clients or advising them on mergers pendent consumer financial protec- around for nearly 25 years, the and acquisitions. tion agency and the so-called Volck- amount outstanding has doubled in Of course, activity in these more er Rule, which would limit value over the past five years as Wall traditional lines of business was de- proprietary trading at banks. Street’s equivalent of mad scientists pressed last year.Nevertheless,deriv- Wall Street appeared to have suc- devised all sorts of funky new instru- atives revenue would fall in half if ceeded in watering down derivatives ments so investors could wager on Congress passes a tough reform bill, reform—until the government’s law- everything from falling house prices, says Bernstein analyst Brad Hintz. suit against Goldman earlier this the steepness of the bond That’s because lawmakers month. yield curve’s slope, or the val- are considering forcing STANDING TALL: ue of the Latvian lat and the $464T many,if not most, derivatives Change in momentum Adam and Amy Thai baht. The derivatives CURRENT to trade on an exchange so the securities and Exchange Rose are the third market currently has a no- NOTIONAL buyers can readily find prices Commission says Goldman com- generation to lead VALUE of the the firm. tional value of $464 trillion, derivatives for the instruments. (Cur- mitted fraud by failing to tell in- according to the Internation- market rently,banks can charge hefty vestors in a derivative instrument levinekarjean al Swaps and Derivatives As- markups because there is no that it had allowed a hedge fund sociation. That’s about 10 times the central marketplace for derivatives.) manager to pick mortgages that he market value of all of the companies In addition, Congress is looking to deemed most likely to default so that Bloom on the Roses listed on the world’s stock exchanges. have derivatives trades settled at a his bearish bet against the derivative central clearinghouse, depriving would pay off. Goldman insists it Some $28 billion at stake banks of another revenue source. didn’t do anything wrong. Continued from Page 1 Center. Late last year, it took charge trading in these instruments is For Wall Street,the most dire sce- Sister Barbara Aires acutely sens- erties—and property management. of sales at the Oro, a troubled 303- concentrated among a handful of big nario was laid out by Sen. Blanche es the change in momentum.Her or- What links those offerings and sells unit condo development in down- banks, including industry leader J.P. Lincoln, D-Arkansas, whose pro- der,the Sisters of Charity of St.Eliz- them is not just the length and town Brooklyn. Since then, a little Morgan Chase, Goldman, Morgan posal to force banks to spin off their abeth,last week at Citigroup’s annual breadth of the family’s long track more than half of the building has Stanley, Credit Suisse and Deutsche derivatives desks was approved by a meeting asked the bank to disclose record but its ability to prosper in been sold or is in contract. Bank. The banks collectively gener- Senate committee last week. more information about derivatives, good markets and bad. “Good managers grow,” says ated an estimated $28 billion in rev- “Derivatives regulation will have just as the sisters at Maryknoll are “If we didn’t own large buildings Steve Wagner, a lawyer with Wag- enue last year from derivatives, ac- teeth, no matter which scenario goes seeking from Goldman. The resolu- ourselves, they wouldn’t come to ner Davis. “Bad ones don’t.” cording to Bloomberg data, and forward,” wrote Steve McBee, chief tion won the support of 30% of Citi us,” says Mr. Rose. “In this tremen- approximately $9 billion in profits. executive of Washington lobbying shareholders,about the triple the lev- dous downturn, we don’t have a sin- Families helping families For its part, Goldman generated firm McBee Strategic Insight, in a el that the nuns had expected. gle bad loan, no workouts and no even the durst organization,a about $5.4 billion in revenue from note to financial services clients. “It’s a moral victory that sends a distractions.” company owned by another leg- derivatives and about $1.6 billion in The debate around derivatives strong message to Wall Street,” Sis- Over the past 18 months, some endary New York real estate family, profits, according to research firm “has swung widely recently,” he ter Aires says. “The old ways on de- of the biggest names in banking has turned to the Rose Associates, Sanford C. Bernstein & Co. Put an- wrote, adding that Congress appears rivatives and all of the attendant mar- from around the world have taken hiring it as a consultant on the con- other way,Goldman made $700 mil- inclined to toughen any derivatives ket-crashing risk they involve are no note.Bank of America,Wells Fargo, struction of The Helena, a 580-unit lion more in revenue from crafting legislation even as members seem in- longer acceptable.”  Anglo Irish Bank and New York’s green apartment tower, in 2005. own Emigrant Bank have all tapped Many smaller developers do much Rose to consult on,and in some cas- the same. es manage, residential projects with “Rose managed our project,soup A TALE OF TWO EATERIES a total of 13,000 units. These proj- to nuts,” says William Friedland, ects have either been seized via a vice president of Friedland Proper- foreclosure or are in the process of ties,owner of The Melar,a 142-unit Eighty-One At Vermilion being refinanced. rental building on the Upper West Special servicer CWCapital As- Side. “We had full faith in them.” Continued from Page 3 Continued from Page 3 set Management, a company that When it comes to their own own assets. Ms. Dey realized that lunch and dinner service did takes over distressed properties on properties, the Roses take a conser- When Mr.Brown realized that diners had a Depres- not take off in part because the restaurant’s fusion of behalf of senior debt holders,was re- vative approach, continually invest- sion-like mentality, he immediately took steps to im- Latin and Indian cuisines puzzled diners.Last May,she sponsible for bringing Rose into the ing in upgrades of buildings like prove Eighty-One’s odds for survival. removed some spicy dishes from the menu and added company’s two biggest troubled their 404-unit Madison Belvedere. To cut costs, he pared his staff in 2008, to 38 from more familiar-sounding items.The changes didn’t help projects in the city,the Riverton and The family has always shied away 70. He leveraged his celebrity—based on his days at the much. Stuy Town. At the former, Rose will from excessive leverage. helm of The Sea Grill in Rockefeller Center and other To cope with the challenges, Ms. Dey, the restau- oversee the daily operations and “We limit our risk,” says Ms. prominent restaurants—by appearing on television rant’s majority stakeholder, worked her assets to her ad- maintenance of the complex.Mean- Rose.“We have set ourselves up per- shows. He lowered his prices, knocking down the aver- vantage. An accomplished marketer in her own right, while, Rose is working with CW- fectly for times of turmoil.” age check per person by $22, to $69. He added a $30.81 she relied on her 14 high-profile Indian investors— Capital to prepare the transition of For the record, she and her two-course prix fixe menu,and he transformed his near- among them author Salman Rushdie, publishing big- the 11,000-unit Stuy Town com- cousin also did rather well in the ly dormant private dining room into a separate eatery, wig Sonny Mehta and Hotmail co-founder Sabeer plex to a new owner following its boom years. In 2005, for example, The Grill Room,where the tabletops were covered with Bhatia—to draw attention to the enterprise. pending foreclosure. they sold one of their largest single paper and diners noshed on $9 burgers. Unfortunately, Perhaps her greatest strength was her steely profi- CWCapital could scarcely have holdings, the 845-unit Sheffield on the deals lowered the restaurant’s revenue per customer, ciency on the business side. A former McKinsey & Co. found a more experienced pair of the West Side, for $418 million. while failing to significantly increase volume. executive and an economist by training,Ms.Dey cut the hands for Stuy Town. Rose man- That sale was light-years re- Despite the credit crisis,the chef ’s investors anted up restaurant’s expenses with the skill of an Iron Chef at- aged the property for close to four moved from 1928, when David nearly $1 million more to cover the restaurant’s expens- tacking a slab of meat. years under former owner MetLife Rose, a grandfather of Adam and es last year. Mr. Brown’s landlord also offered conces- She slashed food costs to 24% of sales, down from and is widely seen as the front-run- Amy,got things rolling by building a sions.His hopes were raised for a brief time late last year, 30%, in part by switching vendors to get the lowest ner to take over that role again. 216-unit apartment building in the when holiday parties boosted business. prices. Bronx.Today, the firm has grown to But 2010 was another story.“There was nothing that She won concessions from her landlord. And she re- Growth mode 220 employees who work out of a told me this was going to get a lot better,” Mr. Brown focused her marketing, casting the restaurant as a des- under the latest generation of modest fifth-floor office at 200 says. “And we had no stockpile of capital from the fall.” tination for what she calls “intellectually provocative family leadership, the company has Madison Ave., where 81-year-old His investors—whom he describes as “some of the events” that people pay a fee to attend. focused more on its management Daniel Rose, chairman of the firm, biggest financial guys in this country”—advised him Last December, At Vermilion reached a turning and advisory arms. Last year alone, still has a corner cubicle.In addition, that the economy would not improve a great deal in the point. The restaurant raked in $450,000 from private an awful one for most in the real es- Adam’s office has no view, and Ms. near term. And so, on Easter, after the final customer events that month, a 300% increase over the year-earli- tate business, Rose grew its proper- Rose’s office is half the size of her left at 11 p.m.,Mr.Brown and his staff toasted each oth- er period. The demand has surprised even Ms. Dey ty management by 30%, to 24,000 cousin’s on the other end of the floor. er with champagne and said their goodbyes. “It’s the reverse of what I thought I’d get here,” she units. In addition, it is helping the The Rose family is tied to the city Eighty-One’s employees have all landed new jobs, says. “This has been a learning curve for me.” owners of 7,000 units scattered through its charitable ventures. says Mr. Brown, who continues to work out of the Ms. Dey still has work to do to make the restaurant across 18 properties with their leas- Their name is engraved on the sides restaurant, looking for a tenant to assume his 15-year thrive, including making further tweaks to the menu. ing, and a dozen condominiums of several libraries and schools and is lease. But he says he is broken. “It was a huge strain,” “We want to play up the Latin much more; that’s with their sales efforts. most famously associated with the says the 46-year-old, who lives with his wife and two more familiar than Indian,” says the restaurateur, who This week, it will take over leas- $210 million Rose Center for Earth sons.“I come home, and it’s tough.They need to see me hints that a book deal and a television show could be in ing at a new 310-unit luxury rental and Science at the American Muse- be strong and do something else. And I will.”  her future.  development, Aire, near Lincoln um of Natural History. 

42 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0043-NAT-CCI-CN_-- 4/23/2010 1:22 PM Page 1

86% of U.S. workers feel the economy is still in a recession BUSINESS LIVES Source: Staffing Industry Analysts HOT JOBS GARDEN PARTY: Tom Reilly maintains EXECUTIVE the 80,000 to INBOX 100,000 tulip bulbs planted on Park Avenue’s median PRESIDENT malls. Anne Fisher INSTITUTION The Cooper Union for the Advancement of Science and Art An innovative JOB DESCRIPTION Overseeing alternative the college’s investment, renova- tion and fundraising efforts, along to bank credit with educational programs IF YOU’VE EVER TRIED to get a MOST IMPORTANT TASK Secur- bank loan or a line of credit to ing capital investments to ensure keep your business humming, free tuition for its students you may have run smack into a CREDENTIALS NEEDED Experi- Catch-22. The bank turns you ence leading a college or nonprof- down because your personal it, and a proven ability to strength- credit score is so-so at best. en an organization’s finances Why? You’ve exhausted your RECRUITER Internal credit to start your business. SALARY The current president “Your personal credit score earned $530,000 in 2008 can make it look as if your DOWNSIDE Balancing the budget household is carrying way too and rebuilding the school’s much debt,” says Mitch Jacobs, endowment will be tough in a chief executive of On Deck Capital down economy (www.ondeckcapital.com) in UPSIDE Burnishing the college’s Manhattan. “Many of the best reputation for academic excellence entrepreneurs get turned down for credit. It’s ironic.” Cooper Union is ranked No. 1 academically among baccalaure- Mr. Jacobs notes that in 2006, ate colleges in the North by U.S. “banks turned down more than 5 News & World Report. million business owners due to —SELENA SHEN personal credit scores. It’s not the economy; it’s a technology and infrastructure problem.” Mr. Jacobs set out to find a EXECUTIVE MOVES more accurate way of evaluating creditworthiness: cash flow. He Association for a Better New York: launched On Deck Capital in May Jennifer M. Hensley, 2008 with $110 million from 31, was appointed New York investors. On Deck said executive director, buck ennis in March 2010 that it had made effective May 10. She more than $50 million in loans to currently serves as the GOTHAM GIGS 2,000 small companies across downstate senior the U.S. (147 of them in the city). adviser to the chairman and chief executive of the Empire State On Deck uses proprietary Development Corp. software, connecting a firm’s cash Fulbright & Jaworski: Pamela Jones registers to its own system in order Harbour, 50, joins the law firm as a Paying Tulip Service to analyze real-time financial partner in the antitrust and competition data for a few days. If the online practice, effective May 17. She was financial profile looks solid, the previously a federal trade commissioner. when tom reilly retired from his 21-year job as a corrections business gets a loan, and a Smartclip: Matt Prohaska, 38, was ‘Here, appointed chief executive at the online officer at Rikers Island three years ago, he returned to his roots, micropayment plan kicks in: The video advertising network. He was I’m at literally. Now the 48-year-old father of three, who grew up in lender deducts a small amount previously a vice president at AOL. Flushing, Queens, works as an urban landscaper. And each spring, he from the borrower’s bank account Choice Logistics Inc.: Robert Bacchi, 55, peace every business day. Interest was named senior vice president of maintains the 80,000 to 100,000 tulip bulbs planted on Park Avenue’s rates vary from 18% to 36%. information systems at the logistics solutions firm. He was formerly vice with the median malls. ¶ “Duke and Vinnie Sofield, owners of City-Scape Restaurant co-owner Noemi president of information technology at Landscaping, gave me my first job when I was 14,” Mr. Reilly explains. Boros is a fan. “It’s fantastic,” she FAO Schwarz. flowers’ “I’d plant flowers in the city on the weekends and during the summer.” says. “I’ve already referred other Wolters Kluwer: business owners to On Deck.” Richard Flynn, 44, ¶ The trio have remained close. Upon Mr. Reilly’s retirement, the Ms. Boros and Michael Vlad was appointed chief partners asked if he wanted his old job back.“It was a little strange,” he opened The Lounge on Park in executive of corporate The about 18 legal services at the admits.“Once I was in the truck and touring around the city, I felt like information services a kid again. I even saw some of the same customers.” ¶ The tulip months ago. The pair borrowed company. He was display, running from East 54th to East 86th streets, is all white this $23,000 to buy kitchen previously at equipment. Their daily payment American Express Co., where he served year—symbolic of pearls—to celebrate the ritual’s 30th anniversary. ¶ is $208—and On Deck approved as senior vice president and general “When the flowers are dead, people often ask if they can keep the their application in just four days. manager for OPEN. NewOak Capital: Chad J. Burhance, 42, bulbs,” Mr. Reilly says.“I don’t mind.Trying to keep the peace at my HAD TROUBLE with bank financing? was named managing director and head old job was close to impossible. Here, I’m at peace with the flowers.” What capital sources helped? Tell us at See EXECUTIVE MOVES on Page 45 —alix strauss www.crainsnewyork.com/execinbox.

April 26, 2010 | Crain’s New York Business | 43 20100426-NEWS--0044-NAT-CCI-CN_-- 4/23/2010 1:23 PM Page 1

RÉSUMÉ REVIEW Big wheel in the city Is your job search all it could be? We ask the experts. Head of Bike New How are you changing the bike tour? How will you encourage biking? NAME BARRY SIMON A lot of local charities are hurting, so We’re reaching out to many firms to SUMMARY York will pump up we want to use the tour as a vehicle convince them to offer our “ride to Business professional with 22 years of for them to raise money.We’ve part- work” lunch programs. We send our experience in financial services and retail tour, raise money nered with over three dozen charities staff there to tell everybody what to PROFESSIONAL EXPERIENCE this year—last year,we had only nine. do, talk about the safety aspects, and  We’re also trying to figure out a way work on bike-storage issues. We also Expense Reduction Analysts, 2007-present BY ADRIANNE PASQUARELLI to have no bottled water—this year, want to work with the Department of Director and partner; implementing over $5 million in cost we’re taking a baby step with bigger Transportation on creating a program savings solutions for small and middle-market companies ew york’s cycling enthu- bottles. And we want to make this a to get more children to ride to school.  American Express, 2001-2007 siasts are gearing up for the weekend-long event. We’ll have an Interactive contractor; built e-commerce shopping site and online tools annual TD Bank Five event Friday night and Saturday dur- How big is Bike New York?  GE Capital-GE Small Business Solutions, 1999-2001 Boro Bike Tour on May 2. ing the day. This will help bring in a We have about 15 people, and man- Vice president of interactive development; generated over $1 billion in NThis year, a new cyclist is in charge. lot of out-of-towners. age 1,600 volunteers. lending leads and originated content Ken Podziba, who spent 12 years as EDUCATION Wow, anything Are you still based at the American the city’s sports commissioner, re-  cently joined Bike New York as exec- else planned? Youth Hostel? New York University, M.B.A., finance, 1992  utive director, For next year, After all these years, the hostel is Boston University, B.S., business administration, 1987 and he’s ready we’re in dis- kicking us out, so we’re looking for a Résumé appears in condensed form. to change bik- cussion with new space. We’ll have a new website EXPERT ADVICE MOVERS & ing in the Big WPIX to tele- and a new image—maybe our new Barry’s résumé is filled with marquee employers and schools, each with a SHAKERS Apple. cast it as an space will be part of that image. strong alumni network. He needs to ensure they are all engaged by his hour spe- brand. He should fully utilize networks like LinkedIn and create his own Why did you cial. Do you bike to work? personal “board of directors” that includes a cross-section of those who Ken switch to a I just started,and plan to in the win- nonprofit? ter months as well. I think almost know him best in order to leverage their knowledge and connections. Podziba It wasn’t easy. everybody could find a way of rid- —yazad dalal, executive vice president, Vault.com I had no in- ing to work. You don’t get as To contact this candidate or to be featured in “Résumé Review,” e-mail us tention of sweaty as you’d think. I haven’t at [email protected]. leaving,but I realized this was a great showered, and no one’s told me opportunity. Like running a small that I smell! But seriously, it’s business, I can grow Bike New York. really fun. 

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44 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0045-NAT-CCI-CN_-- 4/23/2010 1:23 PM Page 1

EXECUTIVE MOVES the nonprofit organization, which 35, was appointed director of client partners with schools to help engage services at the broker-dealer and wealth CORPORATE LADDER students. She was previously chief management firm. She was most Continued from Page 43 operating officer at Variety recently a wealth management adviser at KEY PROMOTION AT TEEN NEWS SOURCE of NewOak Solutions at the asset International, the Children’s Charity. Merrill Lynch. management and capital markets firm. Amper Politziner & Imagination: Larson Banilower, 36, MOHAMED SAYED, 46, was promoted to chief financial officer of Channel One He was formerly managing director of Mattia: Thomas Buck, joined the creative agency as director of Network, a news source for teens that broadcasts to schools global risk services at 41, joined the business development for the Americas. and is available online. He has been with the company for Investment Analytics. accounting and advisory He was most recently director of client more than a decade, most recently as vice president of Barnard College: Jolyne firm as managing services at Energy Garden Inc. Caruso-FitzGerald, 50, director for the New AppNexus: Timothy G. Smith, 42, was finance. He started his career with Price Waterhouse and was elected chair of York bankruptcy and named vice president of technical Value Line Publishing. In his new role, Mr. Sayed will help the board of trustees. turnaround practice. He operations at the Web advertising shape the future of the company, a division of Alloy Media She currently serves as was previously a company. He was formerly president of & Marketing, as it looks to come out of the recession on the president of director at Huron Consulting. Vonage Networks. a strong footing. Alloy Media & Marketing boasted revenues Platinum Gate Capital McCarter & English: Mary Jane Augustine, Tarter Krinsky & Drogin: William W. of $46 million for the first quarter of this year, compared with Management, a global 63, was appointed managing partner. Weisner, 50, joined the law firm as a investment company. She will continue as group leader of the partner. He was formerly a partner at $43.8 million over the same period last year. Madison Square Garden: Casey Coffman, law firm’s construction practice group. Patterson Belknap Webb & Tyler. —MAIA BLUME 42, was named executive vice president Fogel Neale Partners: Damaris Cosme, —maia blume of business development and operations. She was previously chief operating officer at Hicks Sports Group. PeekYou: Kimberley Partoll, 45, was named chairman of the board. She was most recently at AOL, where she served as chief operating officer. Alliance for Women in Media: Cary J. Broussard, 51, was appointed president. She was most recently at the Wyndham Hotel Group, where she served as vice president of communications. STV: Steve Pressler, 62, was named executive vice president of the construction management division at the construction planning firm. He was most recently executive vice president at Skanska USA. CashEdge Inc.: Catherine Palmieri, 47, was named global head of product and marketing at the payment solutions firm for financial institutions. She was previously executive vice president and general manager at . Capco: Alvi Abuaf, 54, joined the consulting and managed services provider as a partner and leader of the North America wealth and investment management group. He was previously an investor, president and chief executive of CPM Braxis USA. Blank Rome: Jay P.Lessler, 38, joined the law firm as a partner in the intellectual property and technology group. He was most recently a principal at Darby & Darby. Young & Rubicam: Jane Barratt, 40, was named president of the New York office of the marketing communications company. She was most recently a managing director at Sapient Interactive (New York). Integro: Robert H. Easton, 38, was named deputy general counsel and chief compliance officer at the insurance brokerage and risk management firm. He had been deputy superintendent and general counsel at the New York state Department of Insurance. New York Open Center: Deborah Flanagan, 38, was appointed director of development at the nonprofit urban holistic learning center. She was most Start your day with something to say. recently director of development for the City Parks Foundation. Pontiflex: Jordan Cohen, 30, was named vice president of business development at the advertising network. He was formerly senior director of marketing and public relations at Unica Corp.’s Pivotal Veracity. Firstborn: Dan LaCivita, 30, was promoted to president at the digital advertising agency. He was previously Weekdays 6–10am senior vice president and executive director. on WNYC, AM 820 Peace First Inc.: Jane Brody, 47, was named New York executive director at www.thetakeaway.org EXECUTIVE PROMOTIONS The fastest way to get an announcement into Crain’s is to submit details online. Fill out the form A co-production of PRI, Public Radio International and WNYC Radio. at www.crainsnewyork.com/submit. The Executive Moves column is also available online.

April 26, 2010 | Crain’s New York Business | 45 20100426-NEWS--0046-NAT-CCI-CN_-- 4/23/2010 1:22 PM Page 1 chemex / INSATIABLE CRITIC The event will take place from 6 p.m. to flickr.com Gael Greene 8 p.m. at AllianceBernstein, 1345 Sixth THE Ave., 41st-floor conference room. The event is free. Call (212) 930-8836 for WEEK further information. Join SELFRECRUITER.COM and the NEW YORK PUBLIC LIBRARY’S JOB SEARCH A strong suit CENTRAL for a lecture from 6 p.m. to AHEAD 7:30 p.m. on returning to the work force after a long break or a sabbatical, MAY 3-9 at 188 Madison Ave. The event is free. up in Harlem Call (212) 372-9878 or e-mail [email protected] for more CONFERENCES information. 5 & Diamond offers MONDAY, MAY 3

Join the NATIONAL REALTY CLUB for a CULTURAL EVENTS newscom unique uni; there’s lunch called “Meet the Real Estate THURSDAY, MAY 6 Media” from 12 p.m. to 2 p.m. at the THE PUBLIC RELATIONS SOCIETY OF lots more to love Friars Club, 57 E. 55th St. Fees are AMERICA will host a seminar on how to WHAT HE’S $55 for members and $125 for develop social media policy from 8:30 suspect my desperate need nonmembers. Call (212) 551-1013 a.m. to 10 a.m. at Gibbs & Soell Public READING to get back to 5 & Diamond or e-mail [email protected]. Relations, 60 E. 42nd St., lobby NBC UNIVERSAL built an eco- in Harlem for another tasting conference center. Fees are $55 for TUESDAY, MAY 4 members, $75 for nonmembers and $25 friendly set for Late Night With is not just because I liked it. THE MANHATTAN CHAMBER OF for students. Call (212) 228-7228 for It’s more likely I’m on a psy- Jimmy Fallon as part of its push to COMMERCE will hold a breakfast on further details. go green. chedelic high from tasting the best buck ennis I marketing your business to government The former thing done to a sea urchin since LUSCIOUS: Japanese sea urchin agencies and private industry from 8:30 FRIDAY, MAY 7 Jean-Georges’ uni on dark bread a.m. to 11 a.m. at the New York Head to NEW YORK CITY CENTER, 130 W. alum reads green, too, with jalapeño, possibly even since Institute of Technology, 16 W. 61st St. 56th St., for That Face, a new comedic downloading e-books on his the urchin in a Nantucket scallop 5 & DIAMOND The event is free for members and $15 drama about a family at the breaking Kindle. Currently, he’s into 2072 Frederick Douglass Blvd. for nonmembers. For additional point, performed by the Manhattan Manhunt: The 12-Day Chase for shell that had foodies storming (646) 684-4662 Union Pacific in the days when Roc- information, call (212) 473-7805. Theatre Club. The curtain rises at 8 Lincoln’s Killer, by James L. p.m. Tickets cost $75 and can be Swanson, about the co DiSpirito was still chefing. Startup ALPHA.COM will host a pitch bought online at www.nycitycenter.org. I spied it on chef Ryan Skeen’s party for entrepreneurs and investors assassination of the 16th smartly priced $50 five-course tast- CUISINE American from 6 p.m. to 9 p.m. at Baker SATURDAY, MAY 8 president. Mr. Fallon says the ing dinner. Our server said I couldn’t PRICE RANGE Entrées $22-$29 Hostetler, 45 Rockefeller Plaza. The fee Don’t miss “Paris and the Avant-Garde: book is “fantastic.” order it à la carte, but Mr. Skeen, a is $15, and preregistration is required. Modern Masters from the He’s also reading Malcolm few feet away at the kitchen pass- SERVING Brunch, dinner; closed Call (212) 644-3968. Guggenheim Collection,” at the Gladwell’s What the Dog Saw— Mondays GUGGENHEIM MUSEUM. The exhibit through, recognized me and said FORUMS “little stories, which is good for yes. It’s my first taste of the night, ends Wednesday, May 12. It features RESERVATIONS Advised TUESDAY, MAY 4 about 30 works from the early 20th me ’cause I have ADD.” not counting the warm home-baked When he’s not in a literary NOISE LEVEL Acceptable Join ERNST & YOUNG and century.The museum, located at 1071 bread—a doughy bacon and sage EMBLEMHEALTH for a forum on driving Fifth Ave., is open from 10 a.m. to 7:45 mood, he likes to play video roll and decent mini-baguette.I bite I can’t wait to return. powerful business results by leveraging p.m. Admission is $18 for adults, $15 games. “I balance my time into the hamachi, getting unexpect- socially responsible strategies and I will definitely go back. for students and seniors, and free for between being smart and being ed salt and crunch. Luscious chunks authentic brand communications. The children under 12 and members. I’ll let them simmer awhile. stupid,” says the comedian, in that of Japanese sea urchin ride on the event will take place from 8 a.m. to Call (212) 423-3500 or visit endearing, self-deprecating way. rich fat fish belly with bits of grape- NO HATS Never again. 12:30 p.m. at 55 Water St. Fees are $95 www. guggenheim.org for more —VALERIE BLOCK fruit in citrus puddles all around. for members, $135 for nonmembers information. and $95 for nonprofits and event —maia blume And yes, the whole briny package is supporters. Preregistration is required. surfing on a pork rind. salad the five of us had bypassed:fen- Call (212) 358-2842 or email But there’s lots more to love in nel,escarole and kohlrabi with spice- [email protected]. this small storefront that stands out roasted walnuts, Gala apple and like a garden folly on a raggedy pecorino, all crunch and vibrance in NETWORKING RECEPTIONS stretch of upper Eighth Avenue.No a Meyer lemon vinaigrette. TUESDAY, MAY 4 sign is needed. The elegance of the A deconstructed “cassoulet” TAYLOR SOLUTIONS will hold a black-iron mullioned glass front sig- combines cocoa beans with lush networking event for the real estate nals something ambitious happen- rare slices of lamb:loin and leg,bel- industry from 6 p.m. to 8:30 p.m. at Playwright Tavern, 202 W. 49th St., ing here. I wanted to come as soon ly confit and sausage. Asparagus top floor. The reception is free. Call as I heard the peripatetic Mr. Skeen and morels, flown in from Oregon, (646) 226-1277 or e-mail had landed, but they weren’t taking are glamour to elevate the chicken [email protected] for more reservations that first week. Now, at as a Gucci crocodile tote would information. 8 on a Tuesday, the staff seems a bit spiff up a generic pantsuit, though stretched, but our server lingers to I give Mr. Skeen credit for frying PROGRAMS & WORKSHOPS guide us over the menu with real the thigh and delivering a remark- WEDNESDAY, MAY 5 pride. “The sepia is wonderful,” she ably moist grilled breast. Mar- WORKSHOPS IN BUSINESS OPPORTUNITIES says. “Not enough people order it.” velous cuts of beef rib, crusted will hold a free legal clinic from 6 p.m. to 8 p.m. at 245 W. 17th St., ninth Big, heads-on prawns—juicy, cheek and root vegetables need to floor. Call (212) 684-0854, ext. 0538, fragrantly singed in a nest of papas be scraped clean of the inedible for additional information. fritas to dip in aioli—are a steal at over-reduced Burgundy glaze in $13 from the bar menu, though I his faux “pot-au-feu.” SEMINARS wish they were less salty. “Yes, we Given the extras, I don’t get many MONDAY, MAY 3 PICK OF THE WEEK love salt,” the chef admits, mimick- votes for dessert at our table. Pressed INTERNATIONAL PROPERTIES GROUP INC. ing tossing a fistful into the pot. I to choose “just one”from a list of four, will hold a commercial real estate boot CHECK OUT THE AFFORDABLE ART FAIR to discover new would have been in heaven with the my friend chooses brioche dough- camp from 9 a.m. to 4 p.m. at 520 Eighth Ave., 16th floor. The fee is $99. art and artists. Works will be priced at $100 to $10,000. hefty $8 side of macaroni and cheese nuts.These monsters in the shape of For more information, call Tickets are $20 for general admission, $15 for students and all to myself, but for arteries’ sake I a sultan’s hat, with the hole fried sep- (212) 620-2610 or e-mail was good and shared. It’s yet anoth- arately and sitting on top, are every- [email protected]. seniors and $10 for groups. The fair, to be held at 7 W. 34th er ritzy riff on that old classic: big day cake doughnuts on hormones. Is St., runs through Sunday, May 9, and is open from 12 p.m. blowsy pasta ears super-rich with that a dipping sauce in the bowl WEDNESDAY, MAY 5 Gruyère, mimolette, Irish cheddar alongside? No, it’s cheesecake larded Join the FORDHAM INSTITUTE FOR FAMILY to 6 p.m. on Thursday, 12 p.m. to 8 p.m. on Friday and and browned crumbs.The evening’s with meringue and white grapefruit, AND PRIVATE ENTERPRISE for a seminar Saturday and 12 p.m. to 5 p.m. on Sunday. Call special ricotta agnolotti lie hidden more booty from the kitchen, along on implementing effective change (212) 255-2003 or go to www.aafnyc.com for more info. under leaves and slices of spring veg- with the cookie platter, warm from management, with Jack Moore, former director of Benjamin Moore Paints. etables in a rich carrot butter. the oven. Next time, I doubt I’ll be Our server is right about the able to choose just one.  braised sepia. It’s fabulous to pile on MON. TUES. WED. THURS. FRI. SAT. SUN. a grilled baguette, an extra gift from Copyright © 2010 by Gael Greene. 5.3 5.4 5.5 5.6 5.7 5.8 5.9 the kitchen, along with a brilliant Syndicated by www.insatiable-critic.com.

46 | Crain’s New York Business | April 26, 2010 20100426-NEWS--0047-NAT-CCI-CN_-- 4/23/2010 3:06 PM Page 1

THE CHEAT SHEET Pedro Espada hit WEEK with civil suit. How ON THE bad is it for the guy? THE TROUBLE BEGINS Attorney General WEB Andrew Cuomo last week sued state senator and Democratic majority leader Pedro APRIL 19-25 Espada Jr. (right) for pilfering $14 million from the not-for-profit Soundview health clinics he founded in the South Bronx in CRAINSNEWYORK.COM 1978.The next day, a dozen FBI and IRS

agents raided Soundview’s offices. newscom HEALTH CLINIC OR FAMILY BUSINESS? Both, apparently. Over the past More trouble five years, Soundview and various affiliates paid more than $2 million to 12 family members, including three sons, the mother of a grandchild, a for AIG chief cousin and a sister. Mr. Espada’s compensation was nearly $340,000 in 2006, the most recent year Soundview reported that information. ast week,a state DID THE SENATOR COMMIT A CRIME? judge ruled that New The attorney general’s suit is a civil case, and no criminal charges had been filed as of last Friday morning. LYork could proceed Mr. Espada says the charges of wrongdoing are politically motivated lies. with its case alleging that IS THAT $9 MILLION SEVERANCE A TYPO? Nope. Mr. Cuomo’s suit says Maurice “Hank” Greenberg Mr. Espada is owed a “guaranteed” $9 million package that would basically (right) used sham reinsurance bankrupt the clinics, which had about $13 million in revenue (most of it deals and other transactions to from federal and state Medicare and Medicaid payments) in 2008. distort the reported financial WHAT ABOUT REPORTS OF A $20,000 SUSHI TAB? Mr. Espada allegedly condition of American used the clinics to fund not just his political campaigns (a no-no) but also International Group when he more than $250,000 in personal expenses between 2006 and 2009.The was chief executive of the juiciest j’accuse from the lawsuit: Mr. Espada’s wife had more than 200 meals from two Mamaroneck sushi restaurants delivered to the Espada landov company. Justice Charles residence there, with Soundview picking up the $20,000-plus bill. Ramos even went so far as to call the case against Mr. Greenberg “devastating.”The case was filed MAMARONECK? DOESN’T HE LIVE IN THE BRONX? Mr. Espada claimed a in 2005, and at the time Mr. Greenberg—freshly ousted as head of AIG—accused Mr. Spitzer of Bronx co-op as his legal residence when he ran in 2008. (Indeed, the suit using the suit to promote his political career. Of course, Mr. Spitzer’s political career was done in says Soundview provided $50,000 to help pay for the pad.) Whether he by a prostitute in 2009, a year after he was elected . truly lives in the Bronx is being investigated by the Bronx district attorney.    —aaron elstein —jeremy smerd AFTER FIVE LONG DAYS of “canceled” messages in red next to all trans- Atlantic flight listings, the terminal screens at JFK and Newark Liberty airports flipped to green for most Europe-bound routes as Eyjafjallajokull’s plume of dangerous ash began to settle. Barring any additional activity from the Icelandic volcano, the disruption is expected to cost European airlines some $1.7 billion. U.S. carriers lost about $20 million a day, says AirlineFinancials.com. ... NEW YORK CITY RESIDENTS WERE SAVED FROM THEIR OWN RED ALERT last week as 30,000 doormen and other building workers averted a strike at the last minute by signing a new four-year contract. More than 1 million apartment dwellers narrowly ducked having to open their own doors and cart their own trash. ... ONE FAMILY AGREED TO GIVE UP ITS BROOKLYN APARTMENT, not as a concession to the doormen’s union, but to make way for Forest City Ratner’s shiny new Atlantic Yards. Daniel Goldstein, an outspoken critic of the development, struck a $3 million deal to leave his three-bedroom apartment and withdraw from all litigation concerning the project. He did reserve the right to badmouth it. ... SEVERAL OF NEW YORK’S BIGGEST BANKS SURPRISED ANALYSTS by reporting stronger-than-expected first-quarter earnings last week. Coming off of year-earlier losses, Citigroup, Goldman Sachs and Morgan Stanley reported relatively robust earnings of $4.4 billion, $3.3 billion and $1.4 billion, respectively. But Goldman’s news was largely overshadowed as the Securities and Exchange Commission filed civil fraud charges against the firm and one of its executives. ... In city government, MAYOR BLOOMBERG TAPPED A NEW COMMISSIONER FOR THE DEPARTMENT OF HOMELESS SERVICES. Seth Diamond, an executive deputy commissioner at the Human Resources Administration, will replace Robert Hess in the job, much to the chagrin of homeless advocacy groups, who say Mr. Diamond will likely take a Giuliani-era approach to the problem. —elisabeth butler cordova HOORAY OY VEY

GOOD ECONOMIC NEWS FROM THE THE CITY is taking the wooden boards out STATE: Fewer apartment buyers are trying of Coney Island’s boardwalk because to get out of their contracts. concrete lasts longer. SUBMIT YOUR OWN #CRAINSHOORAY OR #CRAINSOYVEY ON TWITTER! bloomberg news

April 26, 2010 | Crain’s New York Business | 47 CN013640 4/20/10 11:16 AM Page 1

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