0 71486 01068 5 41 getty images IN THEDARKDAYS SANDY FOLLOWINGSUPERSTORM BY LISAFICKENSCHER oog rsdn ae oiao o n,saidthatpolice forone, Borough President JamesMolinaro, n’t Island away.Staten soonerwhatotherssawright recognize did- therace’s whoalsosupported takingplace, Bloomberg, Island. inplaceslikeStaten pecially es- inhard-hitcommunities, wasseenasinsensitive tothedevastation She riol. theobjectofintensevit- became theINGNew organizes York Marathon, City sheresisted. theevent, cancel to louderandlouder, came, thecalls When neededtohelpitheal. that thecity wouldbe theinspirationalevent thatthemarathonscheduledforSunday deeply VOL. XXIX,NO.41 NEWSPAPER Ms.Wittenberg todayregrets thatsheandMayor Michael Ms.Wittenberg chiefexecutiveoftheNew YorkIn takingthatstand,the RoadRunners,which Now Mary Wittenberg is rebuilding andexpandingitsmission isrebuilding Wittenberg Now Mary itsreputation. Cancellation costNYRR$4million—andhurt A marathoneffort Now Mary Wittenberg is rebuilding andexpandingitsmission isrebuilding Wittenberg Now Mary itsreputation. Cancellation costNYRR$4million—andhurt A marathoneffort SANDY: CRAIN’S WWW.CRAINSNEWYORK.COM 1 YEARLATER E OKBUSINESS YORK NEW See MARATHON onPage31See MARATHON , Mary Wittenberg believed Wittenberg Mary , a yearago. citynearly crippled the Sandy Hurricane after marathon canceled the gave intopressureand ofNYRR Hirsch George and Wittenberg Mary RUNNERS’ LOW: executives reshaping the field field executives reshaping the Higher educationfaces change:Meetthe REPORT EDUCATION ® PAGE 17 dispute in Airbnb bedfellows Strange home-rental service common enemyin groups finda Landlords, tenant pension pal top donoris De Blasio’s firm earnsmillions bundles thousands; Class-action lawyer side ofthetablefrom [landlords],”said a commoncause. share they comes tostoppingAirbnb, whosaythatwhenit building owners, and tenantadvocates other: stand each with New Yorkers can’t whoordinarily one filled ofcommunity, another type in the “sharing economy.” ofuserstakingpart but acommunity business isnoordinary rental service home- of faiththatitsshort-term much itispretty anarticle For Airbnb, BY MATTHEW FLAMM on whorepresents thecity’s pension Thedecisions against bigbusinesses. shareholderfunds inlucrative lawsuits inrepresentingspecializes pension whosefirm attorney nent class-action isapromi- Democrat’s topfundraiser, Blasio administration. reap underade handsomerewards onelesser-known figure standsto son, as thebigwinnersofthiselectionsea- de Blasio’s are seen mayoral candidacy other specialinterests thatbetonBill laborunionsand taxibosses, While BY CHRISBRAGG “I’ve always beenontheopposite always “I’ve isalsohelpingtobuild But Airbnb a iehfr thefront-running Jay Eisenhofer, PAGE 33 NewYorkthrough and eats)hisway eats (and GOV. CUOMO OCTOBER 14-20, 2013 PRICE:$3.00 See PENSIONPAL onPage30 See AIRBNBonPage31

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EDITOR’S NOTE

Confabulous FYICRAINSNEWYORK.COM

If it seems from the emails and notices to readers that we here at Crain’s New York Business are City Council plays ball on producing more newsmaker events Willets Point development and conferences than ever, it’s because we are. “You’ve got another he City Council last week approved a Michael panel to moderate in like—what— signature project of Mayor Bloomberg three days?” a slightly sarcastic exec : a $3 billion retail, hotel and Glenn Coleman T at a cultural institution asked me as residential complex to be built in stages at Willets power networkers buzzed around Point, next to Citi Field. us at last week’s Crain’s Arts and Culture Breakfast. The deal came after the neighborhood’s councilwoman, Julissa Ferreras, negotiated a last- A visit to CrainsNewYork.com/events would have buck ennis informed the razzing rep that, no, we’re merely minute package of concessions for the community, hosting four major gatherings in the next five weeks. where opposition had long been concentrated among a slew of small industrial businesses, Our Curing Brooklyn’s Health Care Crisis mostly auto-repair shops, that occupy the stretch of dirt roads and tin shacks by the stadium. The city will spend $15.5 million to help Willets Point businesses relocate symposium, in the Borough of Failing Hospitals, is to make way for the on Oct. 24, and I look forward to joining my Crain’s development of a new public school and community space in the mall. More than a third of the colleague Barbara Benson in questioning the key 5,850 apartment units will be considered affordable. Meanwhile, the Related Cos. and Sterling players in that vital public-policy debate. (Our Equities will pay $15.5 million to improve and maintain Flushing Meadows Corona Park. Brooklyn hospitals forum in January 2012 attracted Ms. Ferreras also wrested a promise of $72 million in next year’s city budget for traffic ramps hundreds of Occupy Wall Street protesters outside. that will be built to link the site to the Van Wyck Expressway. —daniel geiger Just saying.) Our Rebuilding NY: One Year Later conference on Oct. 28 takes place the day before the POWER PLAY. Gov. Andrew Cuomo is The changes would save the restau- HOORAY! anniversary of Superstorm Sandy’s landfall. (The urging the state Public Service Com- rant industry an estimated $10 million mission to reject Con Ed’s proposal to a year in fines and other costs.(See Ed- DIANA NYAD, the first person to keynote address is an update on the state’s multi- hike typical electric bills by 4% and gas itorial, Page 14.) … NY AND L.A. VIDEO successfully swim from Cuba to Florida bills by 1.5% next year. The governor STARS ALIGN.Fast-growing video pro- without a shark cage, raised $100,000 billion-dollar recovery efforts from Gov. Andrew for Sandy victims in a 48-hour continuous Cuomo’s go-to guy on the topic, Howard Glaser.) said Superstorm Sandy and the recent duction company Alloy Digital in swim in Herald Square. troubles halting the Metro-North New York is merging with Los Our real estate confab on Nov. 7 brings together New Haven line were a reminder “of Angeles-based rival Break Media. onstage the marketplace masters who are reshaping the need to hold utilities accountable The newly combined firm, Defy Me- New York City, from expansion-minded tech for their preparedness.”The commis- dia,will be headquartered in Manhat- sion is expected to decide in Decem- tan and generate $100 million in rev- tenants such as Silicon Alley pioneer Kevin Ryan to ber. … TAXIS ROLL OVER MAYOR. The enue. It will target online audiences top executives at firms like Hines, Jamestown and taxi industry cheered a state Supreme between the ages of 12 and 34. … OY VEY! the Related Cos. And our half-day Future of New Court judge’s decision rejecting Mr. WHITNEY DUMPS BROKERAGE FOR FUND. UNDERCOVER NYPD York City conference, co-produced with the Bloomberg’s “Taxi of Tomorrow,” the Meredith Whitney is winding detective Wojciech city’s plan to create a uniform taxi fleet. down her namesake Wall Street advi- Braszczok was Partnership for New York City, is Nov. 20, with The requirement to buy the Nissan sory firm. The 2009 Crain’s 40 Under arraigned on gang- civic-minded executives such as Jeff Bewkes (Time assault charges in the NV200 minivan was set to go into ef- 40 honoree deregistered her brokerage biker gang attack on an Warner), Jon Oringer (Shutterstock) and Mary Ann fect at the end of this month.The city after three unprofitable years and is SUV driver. Tighe (CBRE) discussing our transition to a new will appeal. (See The Insider, Page 6.) now chief investment officer and … BIG CHINA DEAL. managing principal of kind of City Hall. Phew. I suspect I won’t be the only Greenland Holding Kenbelle Capital, a Crain’s staffer who will nap Thanksgiving weekend. Group, the developer ‘I think there’s hedge fund, filings re- … AFTER TRAGEDY, A SANDY HOUSE behind one of China’s a toughness veal. The 43-year-old SOLD. Federal funds for storm victims tallest towers,will take rose to prominence in were used by the city to buy the Sandy- THIS WEEK IN CRAIN’S a 70% stake in the $5 to her that 2007 for predicting ravaged home of Patricia Dresch.The billion Atlantic Yards there isn’t early that Citigroup Staten Island resident lost her hus- residential develop- would face huge band and 13-year-old daughter and IN THE BOROUGHS------3 ment at the Barclays in Bernanke’ losses. … CITY COMP- her Tottenville home during the storm IN THE MARKETS------4 Center in Brooklyn.It —Christina Romer, former TROLLER’S CRONIES last year. The home will be rebuilt to is pegged as the chairwoman of President GET PRISON. City be more resilient and will be put up for THE INSIDER ------6 biggest U.S. deal of its Barack Obama’s Council Comptroller John sale, with profits going into a fund to SMALL BUSINESS------12 kind for a Chinese de- of Economic Advisers, on Liu’s former cam- help other storm victims. … SOUL veloper. … EATERIES her close friend (and paign treasurer, Jia DOCTOR FLATLINES. The musical REAL ESTATE DEALS------13 CATCH A BREAK. The Brooklyn native) Janet “Jenny” Hou, and a about singing rabbi Shlomo Car- OPINION ------14 City Council ap- Yellen, who was nominated fundraiser, Xing Wu lebach and his friendship with leg- proved new bills to to replace Ben Bernanke as “Oliver” Pan, were endary jazz singer Nina Simone is the STEVE HINDY ------15 make it easier for Federal Reserve chair sentenced to prison first casualty of the fall Broadway sea- GREG DAVID------15 restaurants to ace in- for using “straw son. For the week ended Oct. 6, the spections. The new laws would allow donors” to mask thousands of dollars show grossed $111,916, or 16% of its REPORT: EDUCATION------17 owners to get feedback on their clean- in illegal contributions made to the potential. It closed Sunday. CLASSIFIEDS ------26 liness before the official inspection. —amanda fung GOTHAM GIGS former mayoral candidate’s campaign. NEW YORK, NEW YORK ------Food transporter Jen 33 Petersen plays in traffic. P. 8 SOURCE LUNCH------34 STORIES TO WATCH THIS WEEK vol. xxix, no. 41, october 14, 2013—Crain’s New York Business (issn 8756-789x) is published weekly, except for double issues the weeks of July Fourth, Labor Day and Christmas, by Crain Communications Inc., 711 Third Ave., New York, NY 10017. Periodicals postage paid at Oct. 15: Citigroup Oct. 15: Bill de Oct. 16: Brokerage Oct. 17: New York New York, N.Y., and additional mailing offices. Postmaster: Send address changes to: Crain’s reports third- Blasio and Joseph CBRE Group Business Expo and New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call (877) 824-9379. Fax (313) 446-6777.$3.00 a copy, $99.95 one quarter 2013 Lhota square off in releases 3Q 2013 Conference at year, $179.95 two years. (GST No. 13676-0444-RT) ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved. earnings results. their first mayoral Manhattan office Javits Center debate. market results.

2 | Crain’s New York Business | October 14, 2013 IN THE BOROUGHS Upstate bank joins the crowd BRONX With Sterling merger, Boro says Provident is latest to move into city. Is goodbye, market glut in works? Columbus BY AARON ELSTEIN

After more than 100 years of toiling Fabled high school set in the picturesque Hudson Valley, it’s bright lights, big city for Provi- to close as new ones dent New York Bancorp. sprout in its place The upstate bank that for years has made loans to places like Italian grocers in Brewster and real estate BY CARA S. TRAGER brokers in New City is being trans- formed by an ambitious new man- City Councilman James Vacca well agement team with Wall Street roots. remembers his alma mater,Christo- The most visible sign of this pher Columbus High School in the transformation took place late last Pelham Parkway section of the month, when shareholders ap- Bronx. proved Provident’s $344 million “It had a tradition of excellence, merger with Manhattan-based and you fought to get a seat in it,” Sterling Bancorp. The deal doubles said Mr. Vacca, Class of 1977, who the bank’s asset size, to $7 billion. for the past eight years has repre- Headquarters will be split, at least sented District 13, which includes for now, between New York City the school. “It was the place to be.” and the bank’s hometown of Mon- No more. Come June, 75 years tebello in Rockland County (popu- after the school welcomed its first lation: 4,526). class, it will bid goodbye to its last. Like many people moving to the The demise of a once-legendary city to reinvent themselves, Provi- school is a saga that has played out dent will change its name and be- in neighborhoods all over the city in come known as Sterling National recent years, as the Department of Bank after the deal is completed. Education—desperate to do better “There is simply no better market by students—shutters schools that opportunity in the country than New fail to make the grade. York,” said Provident’s chief execu- TOWN & COUNTRY: Jack In Columbus’ case, the beginning Kopnisky, CEO of the newly tive, Jack Kopnisky, 57, who will re- merged Sterling National Bank, of the end came in 2003.It began with main CEO after the merger is com- will split his bank’s HQ between the spinoff of a college-prep program, pleted. His finance and operations the city and Rockland County. one of the school’s two rigorous aca- chiefs also will continue in their roles. demic initiatives, into a small public Provident’s arrival comes as a high school called Pelham Preparato- number of small banks decided that ry Academy, which remained in they, too, love New York. Investors Columbus’ building. A second new

See PROVIDENT on Page 32 buck ennis See GOODBYE on Page 23 Mixed results for de Blasio’s STATS AND THE CITY by Emily Laermer TAX AND BAGELS: Mayoral front-runner Bill de Blasio wants Albany to housing mandate, experts say hike taxes on the wealthy, while Gov. Andrew Cuomo wants to lower some rates. A report last week panned New York’s business tax climate, ranking the state dead last among the 50 states. Other cities’ bids to quire—not simply encourage, but mandatory affordable-housing con- require—the production of afford- struction would be an understate- 13.04% 8 cents require affordable able housing.” ment. The industry is quietly gear- THE TOP local tax rate for APPROXIMATE per-bagel tax paid by New Yorkers Faced with an awkward silence, ing up for a fight, fearful that a de New York City residents. on bagels that are sliced, schmeared, toasted or apartments have run Mr. de Blasio reached for a joke. Blasio administration will reverse Only wealthy Californians “prepared” as restaurant food into problems “Let me state the most obvious the decades-long trend of offering pay more—13.3%—in developers a choice between doing local taxes. purely market-rate projects or get- 1.1% BY ANDREW J. HAWKINS ‘I think it will PORTION of NYC tax filers in 2010 who ting bonuses, subsidies and tax earned more than $500,000 breaks to include affordable units. Bill de Blasio’s goal to build or pre- lead to For many cities, though, manda- serve 200,000 units of affordable tory affordable housing is already housing received warm applause at somewhat less $2.9B the law. San Francisco, Boston, SURPLUS in the state’s budget in an event this month hosted by busi- [construction]’ Denver,Washington,D.C.,and San 2017 if New York adheres to the 2% ness big shots. But the Democrat’s Jose, Calif., have programs requir- spending cap proposed by Mr. Cuomo plan to accomplish it went over like ing developers to make a percentage a lead balloon. of units in their residential develop- “There will be incentives, there ments available to low- and middle- Sources: Tax Foundation, 4.4% will be opportunities, but there will income families. All have run into Bill de Blasio’s campaign, MR. DE BLASIO’S proposed marginal NYC also be clear requirements for af- thing I’m going to say today: I know roadblocks in their quest to make NYC comptroller’s office, tax rate for incomes above $500,000, up governor’s office, New York fordability,” said Mr. de Blasio, the not everyone in this room agrees their cities more affordable. State Department of Taxation from 3.9%, to expand pre-kindergarten and heavy favorite in the Nov. 5 mayoral with every part of my plan,” he said Mandatory inclusionary zoning and Finance after-school programs election.“When the public action of with a nervous laugh. can boost affordable-housing devel- istockphoto rezoning creates huge new values for To say the real estate industry opment,but it can also generate high- ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY the real estate industry, we will re- doesn’t agree with his plan for See DE BLASIO on Page 32

October 14, 2013 | Crain’s New York Business | 3 IN THE Gov’t shutdown could crimp MARKETS Ann Inc.’s style rebound by Aaron Elstein

Nearly 25% of its ported strong results for the quarter ing it more vulnerable to the current ended in August. Net sales were crisis. Analysts are concerned that stores are in states $638 million, a 7% increase over the the stores could be losing out on key same period last year, while net in- sales for each day the 800,000 em- with the most come increased 16%,to $36 million. ployees aren’t working. In addition, Investors have sent Ann’s share price the possibility of a financial default federal workers up 13% over the past six months, to could scare away even those cus- about $34,compared with declining tomers who are working. BY ADRIANNE PASQUARELLI stocks of competitors such as “People who shop at wom- Chico’s. Now it’s up to Chief Exec- enswear retailers like Ann tend to Ann Taylor and its more casual sib- utive Kay Krill—a 19-year veteran look at headlines and start feeling ling, Loft, have seesawed in popu- of the firm who received $12.7 mil- the pain,” said Mr. Siegel, noting a larity for years. But it looks as lion in compensation last year—to ripple effect as businesses that serve though parent company Ann Inc. use the momentum to propel the federal employees, from coffee has finally found the right balance. company through the critical holi- shops to delis, lose sales, creating Both labels are selling trendy fash- day selling season. more uncertainty. ions, like leather-trimmed blouses “We have meaningful initiatives To attract shoppers, Ann has be- and jeweled sweaters, that are res- gun discounting. On a recent week- onating with consumers at a time day afternoon, three dozen women istockphoto when shoppers are shying away The chain is lined up inside a midtown Loft, from spending elsewhere. waiting for their turn to buy “You’re seeing both sides really ‘really smart sweaters, blouses and skirts—all hold their own weight,” said Sime- about their marked 50% off.However,the chain A peek into the on Siegel, a retail analyst at Nomu- is using its promotions strategically, ra. “From a product perspective, offering discounts during the lunch they feel like one of the only ones re- promotions’ hour as a flash-sale-type option, or ally working in this environment of on just tops or bottoms, said an an- Chase cookie jar mall anemia.” alyst. En vogue duds, reduced store “They’re really smart about their sizes and renovated interiors,as well promotions and are scientific about gly as JPMorgan Chase’s $380 million quarterly loss as new offerings like a shoe collec- we are working on for 2014 and be- whom they’re targeting,” said tion from footwear designer Vince yond,” said Ms. Krill on a recent Rebecca Duval, a retail analyst at was, things would have been even worse if the bank Camuto, have all helped the 1,007- conference call. The company de- BlueFin Research Partners. “It hadn’t released $1.6 billion in reserves set aside unit retailer rekindle its relationship U clined to comment for this article. drives traffic.” during tough times to cover expected loan losses. with consumers.Ann is also capital- First, though, she has to manage By decreasing store size last year It so happens that dipping into its big cookie jar of izing on its gains by expanding fur- the fallout from the government by 30%, to about 4,800 square feet, ther into Canada, its sole interna- shutdown.Nearly a quarter of Ann’s the Ann Taylor brand has bumped reserves has contributed 35% of the bank’s $12 billion in tional store presence. store fleet is in states with the high- up its per-square-foot sales produc- earnings so far this year. Investors don’t value these earnings The $2.4 billion company re- est number of federal workers,mak- See BUSINESSES on Page 32 highly because they amount to shifting money from one pocket to another, but nonetheless accounting rules require banks to release their reserves as fewer customers fall behind on mortgages, credit-card bills and so on. Reserve releases may become even more important to JPMorgan’s earnings in the future, considering the many

billions it still faces in legal penal- to hear from you. ties and the fact that its loan The Chelsea venue is hosting portfolio is shrinking a bit, at $729 the “Funniest Person in Finance” billion,compared with $734 billion stand-up contest starting next at the start of the year. week.The first two shows are slated So how many cookies does for Oct. 22 and 23, and winners will JPMorgan have left in its jar? Well, be picked at a Nov.13 finale.“When FBR Capital Markets said in a report I perform, the crowd is usually a ton last week that banks tend to keep of Wall Street guys who are always reserves equal to at least 1.5% of all saying,‘I can do that,’” said club co- loans. Currently, JPMorgan’s ratio owner Michael Reisman, a managing is 2.47%. That suggests the bank director at Mizuho Securities.“We could release another $10 billion wanted to give them an opportuni- worth of reserves over time, assum- ty to show it.” ing its loan portfolio holds steady. Contestants are encouraged,but Now that’s a lot of cookies. not required, to tell one or two fi- nance jokes. So, to help launch the career of a Wall Street version of Speaking of Jerry Seinfeld, I am offering one funny money … time-tested joke from the seldom- funny world of currency trading. Attention bankers, money man- Ready? Here goes: agers, financial advisers, account- What’s the difference between ants and consultants: If you want to the Indian rupee and the U.S.dollar? take a shot at being the next Louis Answer: About a dollar. C.K., the Gotham Comedy Club wants Ba-dump-bump. Ⅲ

THE DECLINE in completed distressed-debt and bankruptcy- 74%restructuring activity so far this year, according to Thomson Reuters. It appears that the Fed’s policy of ultra-low interest rates is giving struggling companies the breathing room they need to stay out of bankruptcy court.

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*Other devices eligible for discount are LG G2, BlackBerry Q10, Samsung Galaxy S3, Casio Commando 4G, BlackBerry Z10, HTC Droid DNA, Wndows Phone 8X, Nokia Lumia 822, LG Intuition, LG Spectrum 2, & Pantech Perception. **Corporate liable lines on small/medium business or major accounts only. Our Surcharges (incl. Fed. Univ. Svc. of 15.6% of interstate & int’l telecom charges (varies quarterly), 21¢ Regulatory & 90¢ Administrative/line/mo., & others by area) are in addition to monthly access & not taxes (details: 1-888-684-1888); gov’t taxes & our surcharges could add 6% - 42% to your bill. Activation/upgrade fee/line: Up to $35. IMPORTANT CONSUMER INFORMATION: Subject to Cust Agmt, Calling Plan & credit approval. Up to $350 early termination fee/line & $15/GB after allowance. Unlimited calling for directly dialed, live calls between individuals. Offers & coverage, varying by svc, not available everywhere. While supplies last. Restocking fee may apply. Offer expires 11/27/13. 4G LTE is available in more than 500 markets in the U.S.; coverage maps available at vzw.com. DROID is a trademark of Lucasfilm Ltd. and its related companies. Used under license. © 2013 Verizon Wireless. G7534 20131014-NEWS--0006-NAT-CCI-CN_-- 10/11/2013 5:47 PM Page 1 THE Ready for fiscal failure? Check INSIDER by Andrew J. Hawkins where government bonds make up a six-week extension of the debt ceil- Disaster prep used significant part of their capital cush- ing, suggesting the prospect of a de- to focus on storms. ions. Bankers say they are making fault could quickly loom again. sure they have lots of cash on hand Amid the bickering in Washing- Now it’s debt default if they suddenly need it to replace ton, Kevin Cummings, CEO of In- U.S. Treasury bonds as collateral in vestors Bancorp in Short Hills,N.J., trades, and some institutions are re- was doing his best to proceed with BY AARON ELSTEIN portedly stockpiling cash in case business as usual. His bank, with anxious consumers want to with- $13 billion in assets, opened a Although the Obama administra- draw large sums. branch in Brooklyn last week, and tion and House of Representatives Other companies, especially he was planning to attend a party finally began working last week to those whose biggest customer is the with clients to celebrate. avoid a government debt default, federal government, are reining in All systems go Brooklyn business executive Tim expenses, while still others don’t EVGENY “GENE” Shanley wasn’t taking any chances. seem to have a clue about what to do. But before doing that, he got in FREIDMAN likens Fearing that default would cause “I asked a hospital client, which touch with the Federal Home Loan the mayor’s taxi plan the U.S. dollar to plunge, Mr. Shan- relies on Medicaid Bank of New York, a to communism. ley, CEO of Victoria Fine Foods, and Medicare to get government-chartered has started paying his plum-tomato paid, about what they ‘A lot of lender that provides suppliers in Italy in advance so he would do in a default. funding to small can lock in prices. The client said,‘That’s people banks. Mr. Cummings

“I don’t much like spending cash a good question. We wanted to make sure buck ennis sooner than I’d planned,”Mr. Shan- need to have a meeting are just his institution would ley said.“But I need to do something about that,’ ” said be able to borrow the in case the government really screws Michael Carron, a scratching money needed to fi- Cab king on taxis and civil rights things up.” partner at real estate nance operations in the project-management their heads’ event of a default. He Cash on hand firm TLM Group. “A was assured that all sys- he taxi-fleet owner leading the opposition to the Many businesses have plans in lot of people are just tems would be go. Bloomberg administration’s “Taxi of Tomorrow” is place to deal with natural disasters. scratching their “If we have a de- cheering a ruling that could strike down the Now firms are scrambling to come heads.” fault, and regulators or T program, which he likened to communism. up with contingencies for a man- A default seemed less likely late board members come asking what I Evgeny “Gene” Freidman Taxi Club Inc. made fiasco that threatens the econ- last week as signs emerged that Re- did before then, I didn’t want to be , president of , omy with recurring frequency. publican leaders in the House of in a position to say, ‘Nothing,’ ” Mr. which manages a fleet of 800 cabs, said a judge’s decision to Across the city, business leaders are Representatives and the Obama ad- Cummings explained. block the Taxi of Tomorrow was a “win for consumers,” and trying to figure out how their com- ministration were starting to nego- For the folks at Fiduciary Trust, he suggested the city abandon its effort to create a uniform panies would be affected if Uncle tiate a deal to fend off what would a firm that manages $40 billion in Sam missed an interest payment on surely be a global economic catas- investor money,there was little to do taxi fleet, comparing it to the form of government his a portion of its $12 trillion in out- trophe.(Stocks soared last Thursday but follow the default drama’s twists parents grew up with. standing debt. on the news, registering their and turns and keep an eye on the The scurrying is perhaps most biggest one-day gain of the year.) market’s stress indicators, such as “I’m fresh off the boat from Rus- NV200 has superior legroom, a frantic at financial institutions, But House leaders proposed only a See BUSINESSES on Page 31 sia,” Mr. Freidman said, somewhat panoramic roof and a host of other facetiously; his parents immigrated comforts and amenities,” TLC to the U.S. in 1976, when he was 5. Commissioner David Yassky said in a “When you have uniformity, and statement. “We remain committed communism and socialism—you to bringing it to the riding public.” know,I’m completely against that.” But Mr. Freidman likened it to He added, “If the next mayor another of the mayor’s proposals makes accessibility and hybrid blocked by a judge: the ban on the technology or fuel-saving technol- sale of large-size sugary drinks by ogy a priority, then we don’t need Health Department-regulated es- to have a uniform car.” tablishments. Mr. Freidman’s comments “The soda ban had good inten- about the next mayor have signifi- tions,” he said. “But you live in cance. He is one of mayoral front- America. You cannot tell people Rebuilding NY: runner Bill de Blasio’s biggest sup- what to do.” porters, having bundled more than And although he sued to block $50,000 for the candidate. Mr. de Nissan’s new taxi from becoming the One Year Later PhotoPhotooCr Credit:CrC editedidid : BuckBuckck EnnisEnnisnisiis Blasio is a prominent critic of Mr. only option for cabdrivers in New Bloomberg’s taxi policies,and once York,Mr.Freidman said that he still Join Crain’s in a KEYNOTE PRESENTATION: DATE: Monday, October 28, 2013 tweeted a doctored photo of for- held the Japanese car manufacturer HOWARD GLASER LOCATION: mer Iranian President Mahmoud in high regard. “I love Nissan, and I discussion with the Director of State Operations Sheraton New York Times Square Ahmadinejad in a Taxi of Tomorrow love their company,” he said. region’s key political Senior Policy Advisor to the Governor 811 Seventh Avenue (at 53rd St.) to get its maker,Nissan,to divest its He cast his fight with the city as TIME: holdings in Iran. much larger than just taxi owners and business PANEL DISCUSSION: 8:00am - 8:30am: Networking Breakfast A state Supreme Court judge balking at being forced to buy a 8:30am - 10:30am: Program Rebuilding NY: Lessons and Challenges rejected Mayor Michael Bloomberg’s particular vehicle. leaders about the One Year After Sandy COST TO ATTEND: Taxi of Tomorrow initiative,which “You have a government that’s progress that’s been was to take effect at the end of this behaving properly and not going PANELISTS: $150 for individual ticket(s) made—and the $1,500 for table(s) of 10 month, ruling that the Taxi and beyond their powers,” Mr. Freid- • HOWARD GLICKBERG: Vice Chairman, Limousine Commission lacked the man said. “We have a democracy Fairway Group Holdings Corp. EVENT JOURNAL OPPORTUNITY: daunting challenges $2,250 for one table of ten and one full authority to compel medallion and a Bill of Rights—and that’s the • CASWELL HOLLOWAY: Deputy Mayor page 4-color ad in the event program. owners to purchase the Nissan most important thing.” that lie ahead. for Operations, City of New York NV200 vehicle, currently under He added, “You ask any New Platinum Sponsor: • DENISE RICHARDSON: Managing Director, For more information: production. The city will appeal. Yorker on the corner, what’s more The General Contractors Association of Alexis Sinclair New York, Inc. (212) 210-0739 “Aside from its being by far the important, a couple of inches of [email protected] safest taxicab ever designed, the legroom or civil rights?” Ⅲ • JUDITH RODIN, PhD: President, Silver Sponsors: The Rockefeller Foundation For sponsorship information: Lauren Black • WILLIAM C. RUDIN: Vice Chairman & CEO, (212) 210-0736 www.dryconcrete.com QUOTE OF THE WEEK: ‘We raised taxes Rudin Management Company [email protected] because our best teachers were being REGISTER TODAY: crainsnewyork.com/events-rebuildingnyevent hired away. That is no longer true’ —Mayor Michael Bloomberg on the 2002 property-tax hike

6 | Crain’s New York Business | October 14, 2013

BUSINESS 75% Portion of people ages 16-29 who’ve read a print book in the past year; 64% for those 30+ PEOPLE Source: Pew Research Center

EXECUTIVE MOVES

Jewish Guild Healthcare: Wanda Figueroa-Kilroy,52, was promoted to president of managed-long- term-care subsidiary GuildNet. She was previously executive vice president. Eileen M. Hanley, 60, was promoted to PATH FINDER: Jen chief operating officer of GuildNet. Petersen is using her She was previously senior vice Ph.D. in urban sociology president. to analyze traffic BBDO: Greg Hahn, 45, was promoted patterns and improve to chief creative officer of the delivery routes. advertising company. He was previously executive creative director. Murray Hill Properties: Jason Sander, 44, joined the real estate company as managing director of new business development and capital raising. He was previously vice president of capital raising at Thor Equities. The Fader: Jessica Robertson, 30, joined the magazine and media company as executive editor. She was previously director of content at MTV Hive. Steven Aguiar, 24, joined as social-media manager. He was previously social-media and strategy coordinator at MTV Hive. Eavvon O’Neal, 28, joined as senior video producer, FaderTV. He was previously a producer at Pitchfork TV. New York Theatre Workshop: Jeremy Blocker, 31, will join the nonprofit as managing director, effective January buck ennis 2014. He is currently managing director at Ars Nova. GOTHAM GIGS Naftali Group: Matthew Van Damm, 34, joined the real estate firm as executive vice president. He was previously director of operations at Town Residential. Rodale Inc.: Ellen Carucci, 58, joined the publishing company as publisher Pedal pusher of Organic Gardening. She was previously launch publisher for the Modern Farmer quarterly at Modern Farmer Media. On her cargo tricycle, she delivers route vegetables Deloitte Financial Advisory Services: Ed Jen Petersen spends her days as an independent goods from nearby vendors such as Bien Cuit in Rail, 54, was ‘I really promoted to East consultant advising companies on how best to Brooklyn and Cherry Lane Farms in Bridgeton, region managing enjoy use their office space. But two nights a week, she N.J. Subscribers pay about $50 a week for the principal. He was hops on a bike and tows 200 pounds of fruit, delivery-included service. ¶ “It’s super-fun to previously a playing in principal in the vegetables, eggs and cheese around Manhattan, deliver stuff to people who are waiting for it,” she forensic and dispute services group. traffic’ delivering craft foods to resident subscribers for a said. “That’s why UPS and FedEx guys are Shawn Suttmiller, 44, was promoted to one-year-old food-delivery company called always smiling.” ¶ Ms. Petersen, for whom director. He was previously a senior Quinciple. Not only is Ms. Petersen transporting bicycling is not just a part of the job but a way of manager. Skanska USA: Cynthia Eng, 29, was goods, the California native is using her Ph.D. in life, moved to New York in 2003. She wrote her promoted to senior director of urban sociology from New York University to dissertation on the transformation of New York marketing at the construction and development company. She was analyze traffic patterns and improve delivery City streets under the Bloomberg administration previously marketing director. routes. ¶ Revolution Rickshaws, the transport and how the emergence of bike lanes and Mike Quinn, 51, was promoted to company used by Quinciple, pays her $100 a pedestrian plazas made roads functional for more project executive. He was previously a project director. week for her routing skills and $90 a night for than just cars. ¶ “I really enjoy playing in traffic Kevin Connor, 36, was promoted to three hours of delivery.“I get to bring my street and watching the world change around me— project director. He was previously a project manager. fascination into the workplace and develop a new watching these corporate dudes hop on a Citi Andrew Schroder, 48, was promoted to way of designating routes,” Ms. Petersen, 36, Bike and ride around. It’s excellent thinking time project director. He was previously a senior project manager. said. ¶ She uses a special trike outfitted for cargo for me,” she said. Gary Thomson, 51, was promoted to deliveries, usually carrying 20 10-pound boxes of —adrianne pasquarelli See EXECUTIVE MOVES on Page 10

8 | Crain’s New York Business | October 14, 2013 The New Sprinter Safety should never be a luxury.

Starting At: Ever since we invented the van, Mercedes-Benz has been the leader in safety innovations for commercial vehicles. The New Sprinter is no exception. With advanced standard systems such * as the Load Adaptive Electronic Stability Program (ESP) ®¹ and optional safety packages with 35,920 sophisticated features like Lane Keeping Assist², Blind Spot Assist³ and COLLISION PREVENTION 2500 Cargo Van 144", Low Roof, 4-Cylinder ASSIST⁴ the  Sprinter is again the most advanced vehicle in its segment because your safety is worth it. To learn more visit www.mbsprinterusa.com.

© 2013 Mercedes-Benz USA, LLC *Excludes all options, taxes, title, registration, transportation charge and dealer prep fee. 1 No system, regardless of how advanced, can overcome the laws of physics or correct careless driving. Please always wear your seat belt. Performance is limited by available traction, which snow, ice and other conditions can affect. Always drive carefully, consistent with conditions. Best performance in snow is obtained with winter tires. 2 Lane Keeping Assist may be insufficient to alert a fatigued or distracted driver of lane drift and cannot be relied on to avoid an accident or serious injury. 3 Blind Spot Assist may not be sufficient to avoid all accidents involving vehicles in your blind spot and does not estimate the speed of approaching vehicles. It should not be used as a sole substitute for driver awareness and checking of surrounding traffic conditions. 4 COLLISION PREVENTION ASSIST may not be sufficient to avoid an accident. It does not react to certain stationary objects, nor recognize or predict the curvature and/or lane layout of the road or every movement of vehicles ahead. It is the driver’s responsibility at all times to be attentive to traffic and road conditions, and to provide the steering, braking and other driving inputs necessary to retain control of the vehicle. Drivers are cautioned not to wait for the system’s alerts before braking, as that may not afford sufficient time and distance to brake safely. Options shown. Not all options are available in the U.S. BUSINESS PEOPLE

was previously a director at FTI was previously an associate at Riemer & EXECUTIVE MOVES Consulting. Braunstein. CORPORATE LADDER Primary Wave Music: Deborah Klein, 47, Jones Day: Heidi Wendel, 49, joined the Continued from Page 8 joined the music publishing, marketing law firm as a partner. She was previously project director. He was previously a and talent company as management assistant U.S. attorney and chief of the A QUIRKY MODEL OF INNOVATION senior project manager. partner of Primary Wave Talent civil frauds unit at the U.S. Attorney’s Madison Square Garden Co.: Michael Management. She was previously Office for the Southern District of New DOREEN LORENZO knows a little something about product development. After 16 Lehr, 51, joined the entertainment general manager at Prospect Park York. years at technology design and engineering firm frog—seven as its president— Douglas Elliman Real company and venue as senior vice Records. Ms. Lorenzo has jumped into social invention network Quirky as its new president of team sales. He was Cerami: Peter A. Babigian, 43, was Estate: Ruben Perez, previously executive vice president of promoted to partner at the acoustic, 39, joined the president. business development at Sharks Sports audiovisual and technology design company as licensed “There used to be only two ways to create a new product,” said Ms. Lorenzo, & Entertainment/San Jose Sharks. company. He was previously a principal. real estate salesperson 56. “Work at a company in research and development, or have an idea and run City National Bank: Robin Gill, 32, joined Albert M. Maniscalco, 42, was promoted on its Sroka around to Kickstarter trying to raise money.” But the as senior vice president in its technology to partner. He was previously an Worldwide Team. He Quirky model of community invention has put the and venture-capital banking group. He associate principal. was previously a luxury power back in the hands of regular people, was previously director of the James Perry, 39, was promoted to real estate agent at technology banking group at Silicon partner. He was previously a principal Coldwell Banker Previews something she thinks gives the company an edge. Valley Bank. and will continue as chief technology International. Any member of the more than 600,000-person Pitney Bowes: Bill Borrelle, 52, joined the officer. Holland & Knight: Leisa Smith Lundy, 47, Quirky community can float an idea for an invention, manufacturing company as senior vice Chris J. Pollock, 36, was joined the law firm as a partner. She was free of charge. They then vote for and rate it, and the president of brand strategy and promoted to partner. previously a partner at Fitzpatrick Cella most popular items are engineered, marketed integrated marketing communications. He was previously an Harper & Scinto. and sold via Quirky. Ms. Lorenzo said it’s her UBS: He was previously chief executive at associate principal. David Leibell, 52, joined the job to help grow the company without losing McGarryBowen. Citrin Cooperman: financial services company as senior New York Road Runners: Chris Weiller, 49, Patricia Cummings,50, wealth strategist. He was previously a sight of its original “accessible invention” joined the nonprofit as vice president joined the audit and partner in the private-client services vision, and big changes are ahead. Quirky of media and public relations. He was accounting firm as a department at Wiggin and Dana. reported revenue of $18 million in 2012, a previously senior director of sports partner. She was Sills Cummis & Gross: Charles Kaplan,59, figure that is projected to jump to almost $50 marketing at the U.S. Fund for previously assistant managing partner at joined the law firm as a member. He was million this year. UNICEF. Grant Thornton. previously a partner at Sedgwick. In April, Quirky launched a partnership with Newsweek: Kira Gibson Dunn & Crutcher: Steven Klein, Nixon Peabody: Theodore Ghorra, 44, Bindrim, 28, joined 51, joined the law firm as a partner in its joined the law firm as counsel. He was General Electric to open a platform for even the digital publication real estate practice. He was previously a previously an associate at Proskauer Rose. more complex innovations. Inventors submitted as managing editor. partner at Willkie Farr & Gallagher. —eva saviano ideas for app-enabled “connected home” She was previously Golenbock Eiseman Assor Bell & Peskoe: devices, such as an adjustable power strip and a home-page editor at Kyle G. Foley, 36, joined the law firm as a EXECUTIVE PROMOTIONS “smart” egg tray. Reuters. partner in its corporate practice. He was The fastest way to get an announcement into “Our community is very near and dear to us,” Codesmart Holdings previously of counsel at Zuckerman Crain’s is to submit online. Fill out the form said Ms. Lorenzo. “And with social technology, we Inc.: Harvey Bair, 46, Gore Brandeis & Crossman. at www.crainsnewyork.com/section/ joined the consulting company as vice Hofheimer Gartlir & Gross: Bret C. Votano, executive_moves. The Executive Moves column know what people want. They tell us what they president of quality and analytics. He 36, joined the law firm as counsel. He is also available online. want. Quirky uses that.” — EVA SAVIANO

Join Crain’s New York Business and the Partnership for New York City for a half day conference to hear what’s ahead for the city’s key industries and what ideas and concerns business leaders have about the economic and fiscal issues facing the new mayor and incoming city government.

DATE: Wednesday, November 20, 2013 LOCATION: Sheraton New York Times Square TIME: 8:00 a.m. – 1:30 p.m. COST TO ATTEND: $299 for individual tickets(s). / $2,999 for table(s) of 10. / Early bird pricing ends October 14, 2013. EVENT JOURNAL OPPORTUNITY: $4,500 for a table of 10 and a full page ad in the event journal. You must be pre-registered to attend this event. No refunds permitted.

For more information, contact Alexis Sinclair at 212-210-0739 or [email protected]. REGISTER TODAY: www.crainsnewyork.com/events-future2013

CONFIRMED SPEAKERS: PLENARY DISCUSSION: Jeff Bewkes, Chairman & CEO, Time Warner Inc. SEEKING COMMON GROUND Battina Damiani, Project Director, Good Jobs New York Leaders from the New York business community discuss areas of agreement among business, labor and civic groups. Thelma Golden, Director and Chief Curator, Studio Museum of Harlem BREAKOUT SESSIONS: Barry M. Gosin, Chief Executive Officer, Newmark Grubb Knight Frank A NEW STRATEGY FOR GROWTH Carol Kellerman, President, Citizens Budget Commission What are the new approaches to strengthening the city’s economy and tackling vexing problems like the loss of Andrew Kimball, Director of Innovation Economy Initiatives, JAMESTOWN Properties middle-class jobs and the growing inequality gap? Honorable Brad Lander, Member, Council of the City of New York THE FISCAL CLIFF The new mayor faces challenges in negotiating new labor agreements with no budget reserves and a debt load that Steve Malanga, Manhattan Institute Senior Fellow, City Journal Senior Editor doubled to $100 billion in the Bloomberg era. Panelists talk about the issues and discuss what must be done. William L. McComb, Chief Executive Officer, Fifth & Pacific Companies, Inc. Carol O’Cleireacain, Former New York City Commissioner and Budget Director CLOSING SESSION: Jon Oringer, CEO, Shutterstock SECTORS OF THE FUTURE Business leaders of the city’s most promising sectors will discuss why New Yorkers can count on their industry, and Charles E. Phillips, Jr., Chief Executive Officer, Infor what the city can do to help them continue to grow. Industry leaders will have eight minutes in a fast-paced look at Seth Pinsky, Executive Vice President & Investment Manager, RXR Realty LLC the city’s prospects. Marc Tessier-Lavigne, President, The Rockefeller University Mary Ann Tighe, CEO, New York Tri-State Region, CBRE, Inc. CO-HOSTED BY: PRESENTING SPONSORS: CITY SUPPORTERS: Additional speakers to be confirmed. For event information, visit: www.crainsnewyork.com/events-future2013

For sponsorship information, contact Lauren Black at 212-210-0736 or [email protected].

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SMALL BUSINESS Watch for Signpost up ahead Tech company With $5 million in venture fund- sites I didn’t even know existed.” Mr. Borg, who said his business has ing from Spark Capital, Google The daily-deal sites that promised increased 10% by using the compa- focuses on getting Ventures and angel investors, in- to help businesses of all sizes draw in ny. He also knows, thanks to Sign- cluding one of the early chroniclers customers haven’t been the solution post’s analytics, what it takes to get new customers of Silicon Alley, Jason Calacanis, everyone thought they would be.Liv- to that 10% or more. Of more than Signpost this year has opened offices ing Social just announced that it is 1 million people who viewed one for businesses in Denver, Austin, Texas, and Santa overhauling its business and moving campaign, 100 purchased a dis- Barbara, Calif., and inked partner- beyond daily deals.That’s after laying counted offer for a blow-dry. BY JUDITH MESSINA ships with Google Offers and eBay. off 400 employees. In Chicago, pub- Business owners pay $150 a It’s also raising more money. licly traded Groupon is trying to di- month to subscribe—a revenue arketing automa- versify and convince investors that its model that is a lot more predictable tion companies Easier marketing $2.3 billion business is sustainable. than daily-deal commissions—and have been on fire By using three-year-old Sign- Merchants have been frustrated get a team of writers to help manage lately. Cambridge, post, small business owners can au- with the customers the deal sites buck ennis their profile,a database of customers NEW DIRECTION: Stuart Wall’s site pivoted Mass.-based Hub- tomate their marketing efforts— produced, typically bargain shop- and interactions, and the ability to from offering daily deals to helping small MSpot, whose software helps compa- launching and managing campaigns pers who took advantage of one flip a switch and turn on a market- businesses raise their visibility online. nies attract consumers and turn on hundreds of sites—as well as deal—and didn’t come back. When ing campaign to go after new con- them into customers, has raised a track their success and retarget leads the Davide Torchio hair salon sumers or repeat business from ex- whopping $100 million,and Silicon and customers. opened on the Upper East Side four isting customers. Signpost’s salespeople were “very Valley-based Marketo went public “[Marketing on the Web] is and a half years ago,for example,co- persistent calling me.” in a high-flying IPO last May. But complicated and confusing,” said owner and manager Fabrizio Borg Keeping customers coming back “If people try it, it’s almost as if a those firms mostly focus on midsize co-founder and CEO Stuart Wall. avoided daily-deal sites, concerned “There’s a big dropoff between light goes on,” said Signpost in- to big businesses. “There are dozens of sites that mat- that they would bring in customers people seeing an ad online and vestor Todd Dagres, a founder and Enter Signpost, a 75-employee ter, but small businesses don’t have who not only paid less but who showing up,” said Mr. Wall. “We general partner of Spark Capital. company that pivoted two years ago the time or expertise to use them.” would walk out dissatisfied. He capture information from people “Small business owners are not used from a daily-deal type of business Gregory Serdahl, owner of Mas- eventually signed up with Lifebook- viewing online and remarket them.” to that level of information and model. The company is growing sage America in Union Square, said er, but when Signpost knocked on Mr. Wall won’t disclose Sign- power.The challenge is getting peo- 20% a month by helping small busi- he had no idea how difficult it was his door last spring with a new way post’s revenue but said it is ap- ple to pay attention and try it.” Ⅲ nesses create and run marketing to find his company on the Web un- to offer deals, he was intrigued. proaching seven figures. campaigns, offer deals and “get til Signpost reviewed its exposure “They have a different ap- The trick,though,is to keep cus- To sign up for Crain’s found” on 1,200 sites, mobile apps online. proach,” he said. “Signpost focuses tomers buying the service. With SMALL BUSINESS newsletter, go to and directories from AOL to Yahoo “We were shocked,” said Mr. on getting new customers.” small businesses, that’s not easy.Mr. www.crainsnewyork.com/smallbiz. to Yelp and everything in between. Serdahl. “Half the social-media Signpost has 10,000 clients like Borg said he signed up only after

12 | Crain’s New York Business | October 14, 2013 REAL ESTATE DEALS

The deal is the first at the prop- seen dramatic price increases in re- erty, which Mr. Minskoff began cent years. E. Village building building two years ago when the The property came close to land- city’s office market was only just ing a big tenant earlier this year starting to recover.The project was a when Facebook, which was search- bet that midtown south’s burgeon- ing for a new Manhattan office, in- scores first tenant ing tech sector would continue to stead opted to take 160,000 square build up steam and produce takers feet a block west of 51 Astor Place, new office building, 51 Astor Place (pictured), across from the for gleaming new and pricey space. at 770 Broadway. landmarked home of Cooper Union on the fringe of the East Some real estate experts and Fifty-one Astor Place was only Village, has landed its first tenant. Online auctioneer 1stdibs, news reports had been critical of 51 finished in recent months, and Mr. which specializes in the sale of high-end vintage goods from Astor Place’s slow start. They have Minskoff pointed out that leasing is furniture to fine art, has agreed to a deal to take the 12-story attributed it in part to the building’s at last in full swing now because ten- Abuilding’s entire third floor, a 42,200-square-foot space, for 15 years. rents, which in 1stdibs’ case start in ants need to see the finished space “They liked the building and realized that this is a state-of-the-art prop- the $80s and rise into the $90s over firsthand to appreciate its bells and erty in one of the most vibrant areas of the city,” Edward Minskoff, the the life of the deal—huge sums even whistles. 400,000-square-foot property’s developer, said of 1stdibs. in a midtown south market that has —daniel geiger

Planet Fitness Our Green Team is pretty lands in Bed-Stuy darn good at it. Plus, A franchisee of fast-expanding gym they offer rebates and chain Planet Fitness has inked a incentives to get your lease for 22,500 square feet at 1245 building running more Fulton St. in Brooklyn’s Bedford- efficiently. How’s that for Stuyvesant. a pleasant discovery? PFNY, the city’s exclusive fran- chisee of the New Hampshire- based fitness firm, is adding a sec- ond 7,500-square-foot floor onto the existing one-story building, and 1-877-797-6347 will also operate in the basement, conEd.com/energysavings with an expected opening date of January 2015.The asking rent is $50 per square foot. Although Planet Fitness will share the strip with other national brands like Foot Locker and Payless ShoeSource, it will be the first gym in the area, according to Zach Mishaan of Winick Realty Group, who represented landlord Infinity Real Estate. “With this lease, Planet Fitness is filling a need for the neighbor- hood,” Mr. Mishaan said, noting that his client chose the chain be- cause of its ongoing robust growth. The New York franchisee set up shop in 2004 and already has 27 lo- cations in the city. Richard Chera, a partner at Crown Retail Services, represented PFNY. “We’ve been opening, on average, nine stores a year in the five boroughs, and we are going to continue at that pace,” Mr. Chera said. —joe anuta

BARE BONES 1221 SIXTH AVE. ASKING RENT; TERM: Mid-$70s HOW EFFICIENT per square foot; 15 years SQUARE FEET: ARE YOU AT ENERGY 190,000 TENANT; REPS: FINDING Mayer Brown; Robert Flippin and Andrew Sussman of CBRE Group Inc. LANDLORD; REPS: The Rockefeller INEFFICIENCY? Group; in-house representation by Edward J. Guiltinan Sr. with John Cefaly of Cushman & Wakefield BACK STORY: The global law firm plans to complete the build-out of the new space, which will include first-class conference facilities with cutting-edge technology, by the end of 2014.

October 14, 2013 | Crain’s New York Business | 13 OPINION CRAIN’S NEW YORK BUSINESS

A grade-A beef for eateries editor in chief Rance Crain publisher, vp Jill R. Kaplan etter grades that reflect restaurants’ make the process more cooperative and less adversarial. A EDITORIAL editor Glenn Coleman compliance with health codes are key one would let eateries request a rehearsal inspection so managing editor Jeremy Smerd they can identify and fix violations before an inspector deputy managing editors Valerie Block, understandably popular with New Erik Ipsen Yorkers. A proud, blue “A”on a front marches in on a busy Saturday night. assistant managing editor Erik Engquist window inspires confidence among Other measures require the Department of Health to set senior producer, news Elisabeth Butler Cordova news producer Amanda Fung customers and boosts an eatery’s revenue. up a hotline and website to field and investigate complaints contributing editor Elaine Pofeldt But many diners don’t know about the about the process, and create an oversight board that columnists Greg David, Steve Hindy, Alair Townsend crain’s health pulse editor Barbara Benson five-figure sums that even small establishments often must includes industry representatives. Inspection scores and senior reporters Theresa Agovino, shell out to receive that coveted top mark. An initial city specific violations would also be made public. Aaron Elstein, Lisa Fickenscher, Matthew Flamm, L Daniel Geiger, Adrianne Pasquarelli inspection commonly turns up thousands of dollars in fines Council officials estimate that fines will be reduced by $10 reporters Joseph Anuta, Chris Bragg, for violations ranging from kitchen workers wearing their million, or about 20%, Andrew J. Hawkins, Thornton McEnery reporter/videographer Ken M. Christensen hair down to a communal peanut bowl on a bar top. A crack ‘What we don’t as a result of the bills web reporters/producers Nazish Dholakia, in the baseboard, a missing “Employees must wash hands” passed last week.There Irina Ivanova want is a lot of A’s art director Steven Krupinski sign, food left out for a few minutes at the dinner rush, and is still more the council deputy art director Carolyn McClain before you know it a restaurateur is looking at a B grade and could do, such as staff photographer Buck Ennis hanging next to copy desk chief Steve Noveck a hit to his business. approving pending copy editor Thaddeus Rutkowski To salvage an A, restaurants can fix the problems and ace signs that say measures to let data editor Suzanne Panara assistant data editor Emily Laermer the reinspection, but for many businesses the expense of “Out of business” ’ sidewalk cafés operate researchers Elena Popina, Eva Saviano earning this blue badge of honor makes it a red badge of while the city takes its ADVERTISING, MARKETING AND PRODUCTION courage. In an industry with a notoriously high failure rate, time renewing their senior account managers Irene Bar-Am, David Harkey, Jill Bottomley Kunkes, burdening eateries with such heavy fines is too much to bear. permits, and to extend Courtney McCombs, Suzanne Wilson As City Council Speaker Christine Quinn aptly put it last the terms of those director of custom content Trish Henry sales coordinator Lauren Black week, “What we didn’t want was a lot of A’s hanging next to permits to three or four years from two. newsletter product manager Alexis Sinclair signs that say ‘Out of business.’ ” In the meantime, if Mayor Michael Bloomberg signs credit Todd J. Masura (313-446-6097) director of audience & content Now the council has come up with some admirable ways the inspection bills into law, it will be a significant step partnership development Michael O’Connor to help—rather than flog—restaurants to comply with city toward making the restaurant business less of a blood senior marketing manager Catherine Schutten health codes. Last week, on the heels of similar legislation sport in New York City—without compromising food director of conferences & events passed during the summer, the council approved bills to safety. Courtney Williams reprint sales manager Lauren Melesio production and pre-press director Simone Pryce advertising production manager CRAIN’S ONLINE POLL COMMENTS Suzanne Fleischman Wies ONLINE AND INTERACTIVE SERVICES senior web developer, interactive Chris Tumminello The battle over Airbnb TO SUBSCRIBE: For print and digital subscriptions or customer IS AG OVERREACHING? OR private property and free trade limiting such despicable service, e-mail [email protected] ARE RENTERS CHEATING? on a free market? What behavior is akin to fascism has or call 877-824-9379 (in the U.S. and Canada) or happened is tyrants like Eric any merit. 313-446-0450 (all other locations). $3.00 a copy for Re New York state Attorney Schneiderman asserting power I tell you what, J.M.W., let’s the print edition; or $99.95 one year, $179.95 two buck ennis years, for print subscriptions with digital access. General Eric Schneiderman’s and authority over everyone’s see you permit that in your www.crainsnewyork.com/subscribe controversial subpoena for the life and their actions. building, OK? IS IT POSSIBLE FOR TO ADVERTISE: data on thousands of customers It’s none of his or the —elliot BILL DE BLASIO TO BE A Contact Lauren Black at of home-rental website Airbnb government’s business if an ‘PROGRESSIVE ACTIVIST’ [email protected] or call 212-210-0736. (CrainsNewYork.com): apartment owner wants to rent BACK TO THE GARAGE www.crainsnewyork.com/advertise Airbnb offers a valuable out an apartment for a day or a AND A ‘FISCAL FOR TAXI OF TOMORROW FOR INFORMATION ON OUR EVENTS: service to consumers, i.e., month or a year. Keep your CONSERVATIVE’? Contact Courtney Williams at visitors who look at New York stinking hands out of people’s Re “Judge strikes down NY’s [email protected] or 212-210-0257. Yes. Progressive change need not require big City hotel prices and wince, private business! Taxi of Tomorrow plan” www.crainsnewyork.com/events spending, just reallocating resources. especially when adding three —j.m.w. (CrainsNewYork.com): meals a day in restaurants. It is to be expected that the TO CONTACT THE NEWSROOM: No. It’s a contradiction in terms. Activist There has to be a better way for IT’S MY PLACE, TOO city would appeal this decision. 711 Third Ave., New York, NY 10017-4036 governing is the opposite of conservatism. the attorney general to ensure What is a great mystery to this editorial phone: 212.210.0277 fax 212.210.0799 Date of poll: Oct. 7 compliance with the 30-day Apartment renters who sublet day is why the Bloomberg Entire contents ©copyright 2013 Crain Communications Inc. 161 votes law limit than asking for to “friends,” as the subletters administration ever went down All rights reserved. ®CityBusiness is a registered trademark information on the entire call them, on a short-term this uniform-taxi path. A of MCP Inc., used under license agreement. customer base of Airbnb. basis—often without the person who is an entrepreneur CRAIN COMMUNICATIONS INC. BOARD OF DIRECTORS 22% Or is the real goal of Mr. knowledge of their landlords, should recognize that making Keith E. Crain Yes chairman Schneiderman to eliminate all and certainly without the such government mandates is president Rance Crain rental options except hotels consent of neighbors—subject anti-competitive and can only treasurer Mary Kay Crain from the market? One those neighbors to increased hurt in the long run. Cindi Crain wonders. risk of theft, bedbugs and other I am, however, disappointed executive vp, operations William Morrow 78% —elinor horrors, as we have seen in my that this issue will lead to the executive vp, director of strategic No own building.They also are loss of TLC Commissioner operations Chris Crain cheating their landlords. David Yassky, who has been one senior vp, group publisher Gloria Scoby MY PLACE, MY BUSINESS David Kamis I fail to see how online of the best the city has ever had. vp/production, manufacturing What happened to the idea of commenter J.M.W.’s claim that —george founder G.D. Crain Jr. (1885-1973) chairman Mrs. G.D. Crain Jr. (1911-1996) secretary Merrilee Crain (1942-2012) FOR THIS WEEK’S QUESTIONS: CRAIN’S WELCOMES SUBMISSIONS to its opinion pages. Send letters to [email protected]. Send columns of 475 Go to www.crainsnewyork.com/poll to have your say. words or fewer to [email protected]. Please include the writer’s name, company, address and telephone number.

14 | Crain’s New York Business | October 14, 2013 STEVE HINDY According to Dan DiSalvo,an as- sistant professor of political science at City University of New York,pub- lic-employee pension costs next year ‘Two cities’? More like will be $8.8 billion, up from $3.1 bil- lion (adjusted for inflation) when Mr. Bloomberg took office in 2002; ‘great expectations’ health care costs will be $8.2 billion, up from $2 billion. Those two lines represent a big chunk of the city’s $70 emocratic mayoral candidate Bill de Blasio’s billion budget. (Those rising costs “tale of two cities” has captured the imagination are the city’s version of the rising So- cial Security and Medicare costs fac- of New York City progressive Democrats. He ing the federal government.) stood tall and staked out a position on income Balancing the city budget is go- distribution that is in total opposition to Mayor ing to require cuts in basic services, Michael Bloomberg’s. which would no doubt horrify Mr. D de Blasio’s progressive supporters, The mayor claims that because 50% of the city’s tax revenue or a fight with Mr. Cuomo over in- comes from people making more than $500,000, that is a rea- creasing taxes significantly beyond the proposal Mr. de Blasio has out- son for leaving them alone. He goes sive activist” and a “fiscal conserva- lined. Maybe both. further to suggest that the remedy for tive,”Mr.de Blasio also has commit- Mr. de Blasio’s progressive agen- the city’s fiscal woes is to attract more ted to a balanced budget,as required da is challenging the conservative billionaires to the city (as if all billion- by law. “Taxing the rich” sounds dogma that has gripped America aires were as public-minded as he is). good to progressives, but it obscures since the Reagan years. The private Mr. de Blasio wants to increase the extremely difficult challenges sector has become a sacred cow.The the city income tax on those people facing the next mayor. public sector has become a target of making more than $500,000 and use All 152 public-sector unions fa- ridicule. City parks are increasingly the money to fund pre-kindergarten vor Mr. de Blasio over Republican funded by privately donated dollars. programs in public schools. Accord- candidate Joseph Lhota. All those Charter schools are considered the ing to his campaign, the increase unions are working on expired con- answer to public education’s ills.Pri- would be $1,335 for a resident mak- tracts, preferring to negotiate with vately funded hospitals are preferred ing more than $750,000,and $2,670 the next mayor instead of Mr. to public hospitals. for a person making $1 million.That Bloomberg. The unions are seeking Mr. de Blasio is a neighbor of is not an unreasonable tax increase, contracts that would increase their mine. I did a fundraiser for him ear- but he needs the approval of Albany workers’ salaries and give them $8 ly in the campaign, and I voted for to enact it.Gov.Andrew Cuomo has billion in back pay.They reject pro- him.But I cannot deny he is going to pledged not to increase taxes. posals that they contribute to their have an extremely tough job satisfy- Calling himself both a “progres- health care costs. ing the expectations he has raised.

will work with whoever the next mayor of the city is,’’ before explain- Biz leaders brace ing how much he—and the hun- dreds of college grads he hires every year—love New York. for de Blasio era It has always been this way, of course. Ed Koch had nearly univer- sal support from corporate execu- year ago, Bill de Blasio went before the Associa- tives when he ran for a fourth term tion for a Better New York,with its audience of the in 1989. When he lost, business leaders immediately shifted their city’s business elite, to make his case for being support to primary winner David mayor. He joked about being in the lion’s den, but Dinkins—and in those days that that didn’t stop him from unveiling his plan to raise meant giving big campaign contri- taxes on the rich to pay for pre-kindergarten and after-school butions, too. A CEOs have no choice, really. programs.The lions in the den were not amused.They cheered Their first and foremost obligation loudest when critical questions came from the audience. is to their companies and making them successful. That means being What a difference a year makes. on the good side of whoever runs With Mr. de Blasio currently lead- City Hall. A mayor can do great ing his Republican opponent by 50 damage to real estate companies,for points, some 800 executives packed example. And although, theoreti- a hotel ballroom rented by ABNY cally, any company can relocate, it is and gave the Democratic candidate the option of last resort. not one but two standing ovations as So what is taking place today is BRAND NEW RETAIL he reiterated his tax proposal and all a move to open the lines of com- the other elements of his plan to lev- munication to Mr. de Blasio. And el inequality in the city: more re- he is doing the same thing as he quired paid sick days, an expansion meets privately with business 3 WEST 36TH STREET of living-wage legislation and sup- leaders to assure them he is not the port for efforts to bolster labor devil. 3,600 SF Ground unions. GREG DAVID Communication only goes so far, Business leaders have not sud- however. What is important to 1,500 SF All Windowed 2nd Floor denly abandoned their distaste for watch is whether Mr. de Blasio will tax hikes, nor have they embraced Macy’s CEO Terry Lundgren, the be willing to compromise on his 1,400 SF Basement the liberal agenda that they’ve op- former chairman of the Partnership agenda (no sign of that yet) and At Base of New Luxury Residential Tower posed so strenuously for the past for New York City,if he was nervous whether business leaders plan to re- Vented, Ideal Restaurant, Financial Services, etc. several years.Rather,they have sim- about the end of the Bloomberg era. new the fight on sick days, living Adjacent Setai, Empire State Building, Lord & Taylor ply decided they have no choice but Speaking at a conference of the So- wage and mandatory union rules for to get ready for Bill de Blasio’s New ciety of American Business Editors the construction of housing and ho- Neil Polon · 212-686-5252 · [email protected] York. and Writers, Mr. Lundgren paused tels, or whether they will just move Empire Management Earlier this month, I asked for a moment and then said, “We on to other issues.

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©2013 NY State of Health EDUCATION ‘Notre Dame has the money and the name. I’ve got New York City’ —Rev. Joseph McShane, president, Fordham University, REPORT Page 21

People to Watch in Higher Education he leaders profiled on the following pages play a critical role in the city’s culture and economy. Some are expanding and remaking their institutions—and parts of the city. Others are founding whole new institutions. Most are overhauling curricula and teaching to meet the modern needs of business, government and society. TBut they face challenges unknown even 20 years ago, from massive open online courses, known as MOOCs, to spiraling tuition to demands for more accountability. Even one of the most cherished truisms of higher education—the value of the liberal arts—is no longer taken for granted. Colleges that were once sure of their mission now have to prove their worth, not only to parents and students, but also to the state and the federal government. Money is a huge issue, not necessarily for putting up more buildings or hiring star professors, but to make sure that higher education is accessible to all capable students. The increasing need to convince stakeholders that the value of a college education can’t be measured just in dollars and cents is another. And just keeping up with change can be most daunting. “The highest level of challenge is that education is changing so rapidly,” said Edward Guiliano, president of the New York Institute of Technology (Page 20). “You have to be ahead of the curve in thinking and acting. You have to manage the eighth inning while you’re still in the third inning.” —JUDITH MESSINA

October 14, 2013 | Crain’s New York Business | 17 REPORT EDUCATION

Joyce Brown President, Fashion Institute of Technology oyce Brown, 67, has spent the past 15 years styling the Fashion Institute of Technology into the school aspiring fashionistas dream about attending. During her tenure as pres- ident,Ms.Brown—the first woman and the first African-American to run the college— has boosted enrollment to more than 7,200 full-time students, up from 5,600 in 1998, Jand added 20 new degree and certificate programs, including classes on en vogue sub- jects such as technical design and digital photography. Ms. Brown’s connections from her years at the helm have also enhanced the school’s $28.3 million endowment—58% of donors are corporations, such as Calvin Klein, which gave $1 million in 2012, and Estée Lauder Cos., which gave more than $100,000 last year. In fact, Ms. Brown, who earns a compensation of $288,433 from FIT,part of the State University of

mario morgado New York system, and an additional $46,000 from the school’s foundation, sits on the board of Ralph Lauren Corp.—a post she has held since 2001. Next up, Ms. Brown, who is married to former state Comptroller H. Carl McCall, needs to secure the remaining third of funding for a Jamshed $148 million LEED-certified building in Chelsea,FIT’s first new academic building in 40 years. It’s part of its mission to increase sustainability and reduce the school’s carbon footprint. Bharucha —adrianne pasquarelli President The Cooper Union for the Advancement of Science and Art Mary Schmidt Steve Coll amshed Bharucha, the 12th Dean, Columbia University Graduate School of Journalism president in Cooper Union’s 154-year history, may have a Campbell olumbia’s journalism students certainly have a role model in their tougher job than his predeces- Dean, Tisch School of the Arts, new dean. On the job since July,Steve Coll is a writer for The New Jsors. Earlier this year, he and New York University Yorker, the author of seven books and a former editor of The Wash- his board made the deeply un- ington Post.The 55-year-old has won two Pulitzer Prizes—one for popular decision to begin his past July, The Ca book on the CIA and Afghanistan, the other for a series of articles on the charging tuition next fall, ending a Hollywood Reporter Securities and Exchange Commission.Before joining Columbia,he was the tradition of offering a free education named New York president of the New America Foundation, a public-policy institute. that went back at least 100 years.Ap- University’s Tisch Mr.Cole maintains that students still need to master basic skills like writ- pointed in July 2011, Mr. Bharucha, TSchool of the Arts the No. 3 ing and interviewing,but he understands that the industry has changed since 57, said he spent the first two years film school in the country, up he was in the newsroom, and he is updating the curriculum accordingly. In- at the school’s helm pondering how from fifth place in 2012. In coming students must take a wide variety of classes in media and technolo- to close its $12 million deficit. May, crowdsourcing site gy before choosing a concentration. He also wants to relieve some of the fi- Charging a fee, he decided, was the Ranker calculated that Tisch nancial pressures of earning a graduate degree. That might help reverse the best solution. Students will pay had more actors, directors and decline in enrollment,which fell 5%,to 404 students,for 2013-2014.Among $19,250 a year, still a bargain com- producers in the site’s list of the his early goals are finding well-paying postgraduate fellowships for students pared with other private institutions. top 500 films of all time than and increasing financial aid. —theresa agovino Now he wants to remind people any other school: 208 films, that students at Cooper Union, compared with the second- which has an endowment of $641 place University of Southern California’s 186. million, will continue to get an ex- Under Dean Mary Schmidt Campbell, 65, Tisch has become the cellent education even if it isn’t free. go-to place for aspiring filmmakers, actors, writers and musicians, and To get out the message, he soon will even digital-media mavens.Tisch,founded in 1965,boasts such super- hire a new director of communica- star graduates as Martin Scorsese and Oliver Stone. Since Ms. Camp- tions. That should help draw more bell took the helm in 1991, that list has grown along with the Oscars, students to the school,where enroll- Golden Globes, Grammys and Tonys its alums have garnered. ment has dropped roughly 4% dur- There have been bumps along the way.She had to shut down Tisch’s ing the past five years, to 960 this Singapore campus because it was financially unsustainable. But Ms. fall. The school has a new dean of Campbell, who is stepping down next August, will leave a legacy that engineering and soon will get a new includes, among other things, a program to recruit talented but finan- head of the architecture program. cially needy students,the Clive Davis Institute of Recorded Music and Mr. Bharucha said he will focus a joint M.B.A./M.F.A. program. on developing stronger relation- Ms.Campbell,the commissioner of cultural affairs under Mayor Ed ships among the school’s three main Koch and former head of the Studio Museum in Harlem, is also vice

branches: engineering, art and chair of President Barack Obama’s Committee on the Arts and piotr redlinski architecture. Humanities. —judith messina —theresa agovino Laurie Glimcher Anthony Crowell Dean, Weill Cornell Medical College Dean/President, New York Law School aurie Glimcher, the first female dean of Weill Cornell Medical College, arrived in the city almost two years ago, fresh off an im- nthony Crowell was appointed New York Law School president pressive career as a researcher and immunologist at Harvard. and dean a little more than a year ago, and he’s already Her mission: to make Weill Cornell a top-10 medical school and making waves. Amid the growing debate about whether a law Lleader in biomedical research. Her ties to industry and the research establish- school should be cut to two years from three as the cost of ment will help, as will the $650 million Belfer Research Center; a new cancer Aearning a degree grows and job opportunities shrink, Mr. Crowell began research initiative;a new brain and mind research institute; allowing some third-year students to earn credits working in the field this and a generous and supportive board chair,Sandy Weill, fall. Some of that work will be in city government, an area familiar to Mr. who recently contributed $100 million to the school’s Crowell, who previously served as counselor to Mayor Michael Driving Discoveries, Changing Lives campaign, Bloomberg. which aims to bring research breakthroughs to pa- The 43-year-old, who graduated from American University Law tients’bedsides.Dr.Glimcher,62,has proved to be up School, will also start an honors program that will condense three years to the task, recently helping to nab a top researcher of school into two, beginning in January 2015. Current accreditation from Harvard to head the new cancer center. requirements make it impossible to completely overhaul the curriculum. But perhaps her most important job is training a

However, the two-year degree will be cheaper because all students philp greenberg new generation of physicians for a world of medicine accepted into the program will receive a $50,000 scholarship, cutting the cost by a third. where therapies and drugs will be crafted for Drastic action is necessary as enrollment in law schools across the country drops. At New York Law, which has an individual patients, where physicians will no endowment of $269 million, enrollment has fallen 36%, to 1,180 in the past five years. longer rule the roost but work in teams, and —THERESA AGOVINO where costs will matter along with results. —judith messina

18 | Crain’s New York Business | October 14, 2013 MoreMore CUNY CUNY NSF NSF Award Award Winners Winners than than Ever Ever Before Before

ore than 20 outstanding CUNY students M in 2013 won National Science Foundation awards of $126,000 each for graduate study in the sciences. No other University system in the Northeast won more. 1-800-CUNY-YES cuny.edu/allstars REPORT EDUCATION

Edward Guiliano Glenn President, New York Institute of Technology Hubbard any colleges are worried that student frustration with rising Dean,Columbia Business School tuition, unmanageable debt and a lackluster job market will force the schools to become career factories. Not New York he job market may be Institute of Technology, which for 58 years has unapologeti- tough for many Mcally trained students for careers in teaching, engineering, computer pro- graduates, but not for gramming and more. those with newly “We provide career-oriented professional education, access to opportunity Tminted M.B.A.s from Columbia for qualified students and applied research for the betterment of society,” said University. In 2012, 96% of NYIT President Edward Guiliano, 63, who since 2000 has presided over a students had full-time job offers major expansion of the college. within three months of Many people, in fact, would be surprised to learn that 3,347 physicians in graduation. New York state—56% of them primary care doctors—graduated from NYIT’s The success comes under the College of Osteopathic Medicine. Or that it has won several million dollars in watch of the school’s dean, Glenn grants from the National Institutes of Health and the National Science Hubbard, a prominent Foundation for research on disease and for cyber-learning. conservative voice in economic They would also be startled to know that NYIT, which Peter Blair Henry and political circles, who has led has been and still is largely a commuter school, has Dean, Stern School of Business, New York University the business school since 2004. campuses in Canada, China, Bahrain, Singapore and At that time, only 87% of the Abu Dhabi. Students in medicine and engineering n their first day at NYU’s Stern School of Business, M.B.A. stu- graduates left the program with have traveled to places such as Ghana, where they dents don’t get a lecture on jobs or the state of Wall Street. They job offers. help deliver babies and provide fresh water as enter a nine-day boot camp known as Launch,where figures such An adviser to former part of NYIT’s Center for Global Health program. as Newark Mayor Cory Booker and Jim Louderback, CEO of President George W. Bush and “Everyone is talking about globalization,” ODiscovery Communications’ Revision3 network, talk about the world’s the leading economic consultant Mr. Guiliano said. “We’ve been doing it biggest challenges, from lack of clean water to urbanization. Launch is the actively for 15 years.” brainchild of Peter Blair Henry, an economist and former Stanford Univer- In the middle of a 30-year sity professor, who became dean in 2010. Mr. Hubbard strategic plan, NYIT has increased its “The role of elite business schools should be to identify those big issues endowment to more than $100 that have material relevance in the world,” said Mr. Henry, 44.“If you have has raised million and raised enrollment by a deep interest in finance, we can make you a far more effective allocator of nearly a third, to 13,000 capital and a more impactful professional.” $730M for undergraduate and graduate Stern’s M.B.A. program has 780 full-time students, a large part-time students. As it goes more contingent and undergraduate enrollment of nearly 2,500 students. the business national and international, Mr. Bloomberg Businessweek ranked its graduate program 16th, up from 18th in Guiliano wants to raise the 2010, and its undergraduate program 14th, down from 12th in 2012. school school’s profile while sticking to Real-world training is a mantra at Stern, and students work with profes- its mission. “We have to present sors on local and overseas projects, such as the Indian government’s attempt who we are and try to recruit to provide digital ID numbers for every one of its 1.2 billion citizens. students who will benefit,” he Next on Mr. Henry’s agenda is to establish the country’s first Center for said. Business and Human Rights, led by Michael Posner, former U.S. assistant to Mitt Romney during his 2012 secretary of state for democracy, human rights and labor, who joined Stern’s —JUDITH MESSINA presidential bid, Mr. Hubbard is faculty earlier this year. “It’s about doing good—and doing well,” said Mr. a master fundraiser as well. Henry. —judith messina Since becoming dean, he has raised $730 million for the school—including $460 million stitute offers postgraduate programs to train engineers for toward the $600 million cost of Dan Huttenlocher the media industry and plans to offer similar programs in the new business school Dean and vice provost, Cornell NYC Tech health care and the physical environment. campus, which is expected to Students will have mentors from industry as well as open in early 2018. an Huttenlocher, 55, the founding dean of Cor- faculty advisers, and they’ll learn business and communi- Mr. Hubbard, 55, does face nell NYC Tech,is starting a major institution of cation skills.They can even get an M.B.A. in one year. As some challenges. Last year, higher learning from scratch—under the watch- for faculty, there will be no departments, and professors Columbia Business School fell ing eyes of academics, politicians, philanthro- will bring more than academic expertise to the table. five places, from ninth to 14th, in Dpists and the tech community, all of whom have expecta- His first hire, as “founding entrepreneurial officer,” was Bloomberg Businessweek’s tions about what it can do for them and for the city. Greg Pass,an entrepreneur and former chief technology of- annual M.B.A. program rankings The city ponied up the land on Roosevelt Island, worth ficer of Twitter. “Every faculty member we’ve hired so far because of its student $300 million, and Cornell NYC has so far raised $500 mil- has founded something outside of the academic sphere,” satisfaction numbers—its worst lion from private donors.But it will take five years before the Mr. Huttenlocher told the audience at an NYC Health showing since the survey began first building is up and 25 years before the $2 billion campus Business Leaders meeting last week. in 1988. is completed and as many as 2,500 students are enrolled.In the meantime, The idea is to create the kind of symbiotic relationship with the tech Mr. Hubbard is working on some 60 people are working in borrowed space at Google’s New York City community that Stanford University has with Silicon Valley. If it works, major changes to the school’s headquarters, including 30 graduate students and 10 faculty members. it can help grow and sustain New York as a major center of technology curriculum to blend the It’s not a typical tech school.Its Jacobs Technion-Cornell Innovation In- and innovation. —judith messina disciplines and help foster entrepreneurship. —MIRIAM KREININ enue streams to finish a $3 billion SOUCCAR William Kelly capital campaign. Interim chancellor, City University of New York In his previous post as president of CUNY’s Graduate Center, Mr. he search for a new chan- 480,000 students. Under Mr. Gold- Kelly recruited a number of world- cellor is on, but until one stein’s watch, the average SAT score renowned professors from universi- is chosen, William Kelly of freshmen entering CUNY’s top ties such as Princeton, Cambridge has the reins of the largest five colleges last year rose to 1147, and Oxford. A distinguished scholar Turban public university in the from 998 in 1999; 2,000 full-time of American literature, he has spent country. faculty positions were created; and nearly four decades at CUNY in a va- Named interim chancellor of the annual fundraising rose to roughly riety of roles. CUNY bylaws state City University of New York in July, $250 million a year, from $50 mil- that interim chancellors cannot be after 14-year veteran Matthew lion in 1999. considered for the permanent post, Goldstein stepped down, Mr. Kelly Mr. Kelly, 63, plans to continue so Mr.Kelly is not a candidate.A na- needs to maintain the positive mo- to recruit well-known faculty to tional search is underway, but no mentum at the university’s 24 col- CUNY, find ways to integrate all of timetable has been announced. leges, which have more than the colleges and develop new rev- —miriam kreinin souccar

20 | Crain’s New York Business | October 14, 2013 The center’s first group of 25 master’s degree students started last Steve Koonin month. In 10 years, more than 500 master’s and doctoral students are Director, Center for Urban Science and Progress, New York University expected to study at CUSP. Partners include other universities, such as CUNY and Carnegie Mellon; industry partners, such as IBM and Con theoretical physicist, former undersecretary of energy, Ed; and more than a dozen city agencies. provost of Caltech and chief scientist of BP Petroleum, Some of the funding is coming from NYU, including $60 million to Steve Koonin is bringing those experiences to a new fron- relocate MTA and NYPD equipment from a Jay Street building in tier of science—urban life. Brooklyn that’s slated to be CUSP’s home. The rest will come from AThe head of New York University’s new Center for Urban Science tuition, corporate partners and foundation and government grants, and Progress—CUSP, for short—the Brooklyn native and Stuyvesant Mr. Koonin said. High School graduate is leading an institute that will mine big data to The hope is that it will also add to the city’s economy, creating discover what’s going on in cities, from noise to energy usage. It’s a some 4,600 jobs and 200 startups. Mr. Koonin, 61, even has plans to process he calls “instrumenting” a city, using sensors and other franchise the idea globally. “Imagine a CUSP Tokyo or Toronto, bringing technology to collect data, analyze it and develop solutions to city people from other cities to work in New York for a year or two,” he said. management and quality-of-life issues. —JUDITH MESSINA

What’s ahead of you depends on who’s behind you. Rev. Joseph McShane President, Fordham University

he expansion plans of Co- lumbia University and New York University are well known by critics and sup- Tporters alike. But more quietly, an- other ambitious growth strategy is moving forward, with the goal of turning a onetime commuter school into a destination. Under its president, the Rev. Joseph McShane, 64, Fordham is in the middle of a $1.6 billion, 25-year effort to expand its Bronx and Lin- coln Center campuses. It is part of a Professionally focused master’s degrees and graduate certificates larger strategic plan to raise the rank- ings of its graduate programs, attract In today’s challenging job market, opportunity remains strong for professionals with the training, the expertise, and the networking a more national and international stu- dent body and turn the 172-year-old capabilities needed to compete and succeed. The NYU School of Continuing and Professional Studies (NYU-SCPS) offers 17 master’s degrees institution into the country’s pre- and 15 graduate certificates – taught by professionals for professionals. Whether you seek to launch, advance, or change your career, eminent Catholic university. “We want to be a destination for the NYU-SCPS delivers the knowledge base and the real-world skill sets to gain the competitive edge. brightest kids in the country,Catholic and not,” Father McShane said. Flexible course schedules, and online and traditional formats are available. So far, he’s on course. Enroll- ment from other states is up,and the  Advanced Digital Applications  Hospitality Industry Studies  Publishing: Digital and Print Media freshman class boasts 121 interna-  Construction Management  Human Resource Management and Development  Real Estate tional students—more than twice as many as four years ago. During the  Fundraising and Grantmaking  Integrated Marketing  Real Estate Development past two years, the university’s en-  Global Aff airs  Management and Systems  Sports Business dowment has grown by more than a  Graphic Communications  Professional Writing  Tourism Management third,to nearly a half-billion dollars. Next fall, it will cut the ribbon on a Management and Technology  Public Relations and Corporate Communication  Translation 22-story dormitory and law-school building, to be followed in future years by more academic buildings, Information Session: Wednesday, November 13, 6–8 p.m. more dormitories and a new theater. Kimmel Center, 60 Washington Square South, New York, NY Not least in Fordham’s growing al- For event information and to R.S.V.P. visit: scps.nyu.edu/graduate-events1g lure is its location in the heart of New York City, Father McShane said. “Our mission is to graduate stu- To request information and to apply: scps.nyu.edu/gradinfo1g dents who are going to be the leaders in American society,and New York is a laboratory that makes it possible for To learn more about graduate programs, visit us at: us to deliver on that promise,”he said. scps.nyu.edu/graduate1g or call 212-998-7100 “Notre Dame has the money and the name. I’ve got New York City.” And, New York University is an affi rmative action/equal opportunity institution. ©2013 New York University School of Continuing and Professional Studies. as of last Friday, an unbeaten football team. —judith messina

October 14, 2013 | Crain’s New York Business | 21 REPORT EDUCATION TOURO COLLEGE GRADUATE SCHOOL OF BUSINESS Debora Spar President, Barnard College

ebora Spar began her tenure as presi- dent of Barnard College in 2008 Dwith the intent to raise the school’s stature both abroad and at home, and to promote leadership among women. Since then, the former pro- fessor and senior associate dean at Harvard Business School has opened a center for leader- ship studies and started a Barnard-branded annual gath- ACCELERATE YOUR ering of high-profile female leaders. She has brought in a PATH TO SUCCESS slew of big-name commence- Katepalli Sreenivasan ment speakers, such as Hillary President, Polytechnic Institute of New York University Clinton and Meryl Streep, and even President Barack Obama, nsconced in Brooklyn,NYU Polytechnic University has never en- With the Practical MBA and MS whose undergraduate alma joyed the renown of the city’s more famous institutions. But that Degrees in Business mater is Barnard’s glitzier is changing, as it continues to play a key role in the city’s tech ren- aissance and as its new affiliation with New York University pro- Evides money and a higher profile. The number Still, Poly in its own right can claim some fame. In a 2012 survey,it came in third in the nation for its 30-year financial return to students— s Dedicated, well-regarded faculty of applicants $1,622,000, ahead of MIT’s $1,606,000. And the school’s three incubators, s Affordable tuition according to a Poly study,have created 900 jobs and generated $250 million is up 30% in economic activity. s Flexible course schedules Its new president, Katepalli Sreenivasan, said Poly “takes good students, in five years many from underprivileged communities, and educates them to a point s Small classes where when they graduate they are highly sought after.” An eminent physicist, Mr. Sreenivasan, 66, was the director of the Inter- s Mayor’s scholarship for qualified national Centre for Theoretical Physics in Trieste, Italy, before coming to New York City Employees NYU in 2010. He has also taught at Yale, Caltech, Rockefeller University neighbor, Columbia Universi- and Cambridge, among others. ty. Meanwhile, the number of Poly is leading technology initiatives across schools and disciplines. It is applicants to the school has working on cybersecurity and privacy with NYU Law and the Steinhardt jumped 30% in five years, to School of Culture, Education and Human Development; planning to OPEN HOUSE FOR 5,606 in 2013. launch a bioengineering incubator with the medical school; and partnering Now Ms.Spar,50,is turning with three other NYU schools in the new media and games program. SPRING 2014 CLASSES her attention to the financial Most important, though, said Mr. Sreenivasan, is for Poly to solve prob- Tuesday, November 5, 2013 - 6:30 PM future of the 124-year-old lems for society. nd women’s college. The school is “If Poly is to be well known, it will not be by doing more and more, but 65 Broadway, 2 Fl., New York, NY 10006 in the early stages of a major by choosing some really hard, important [national] problems to work on,” fundraising campaign to boost he said. —judith messina RSVP to 212-742-8770 Ext: 2401 its endowment and renovate its or Email [email protected] campus. The funds are need- ed—Barnard’s roughly $215 million endowment is a fraction Jeremy Travis of those of peer institutions like President, John Jay College of Criminal Justice, the City University of New York FOR MORE INFORMATION VISIT: Amherst and Wellesley. Ms. Spar’s influence reach- he new building that houses the John www.touro.edu/gsb es further than Barnard. She Jay College of Criminal Justice—a sits on the board of directors at $600 million, 13-story glass tower by Goldman Sachs. And her lat- Skidmore Owings & Merrill—tells the est book, Wonder Women: Sex, Tstory of just how far John Jay has come. Power and the Quest for Perfec- Once a backwater of the CUNY system that tion, published last month, taught police work in the old DeWitt Clinton puts her at the front and center High School in Hell’s Kitchen, the school now of the work/family balance offers an expanding liberal-arts program, as debate. well as a constellation of degrees in criminal —miriam kreinin justice and related fields. A member of CUNY’s souccar McCauley Honors College, John Jay has numerous partnerships with overseas institutions and, since 2011, boasts two Fulbright scholars and a Marshall scholar. Secretary of State Hillary Clinton chose it as the site for an address on the 10th anniversary of the 9/11 attacks, in which 68 firefighters and police Touro College is an Equal Opportunity Institution officers who were John Jay alumni lost their lives. Jeremy Travis, 65, president since 2004, has been the author of many of the changes. An expert on prisoner re-entry programs, he’s served as deputy police commissioner for legal affairs, chief counsel to the House Judiciary Committee on criminal justice, executive director of the Vera Institute of Justice and head of the Department of Justice’s National Institute for Justice. At John Jay, he has made research a priority, and increased faculty by a third and undergraduate enrollment by 40%, to 15,000 students. In 2012, he launched John Jay’s first-ever fundraising campaign, a $50 million effort that has already garnered $47 million. Sources say that whoever is mayor next January will likely seek Mr. Travis’ advice when appointing a police commissioner. —JUDITH MESSINA

22 | Crain’s New York Business | October 14, 2013 20131014-NEWS--0022,0023-NAT-CCI-CN_-- 10/11/2013 1:01 PM Page 2

IN THE BOROUGHS BRONX David Van Zandt Goodbye, Columbus President, The New School Continued from Page 3 York Institute for Special Educa- ne of David Van Zandt’s tasks when he became president of The high school, called the Bronx High tion’s spacious campus, four New School in 2011 was to develop more cohesion between its School for the Visual Arts, also schools exist side by side,including seven divisions. Harmony was in short supply under the nine-year opened in the building that year, what remains of the one whose tenure of his predecessor, former Nebraska Sen. and Gov. Bob providing another specialized name is carved in stone on its ped- OKerrey, who quit his post as president emeritus earlier this year. option for students zoned for iment. Each entity defines its turf In January, the institution will officially unveil a $350 million, 325,000- Columbus. with colorful posters at its entry square-foot university center on Fifth Avenue and 14th Street, with The following year, a third insti- point in the hallway,and each takes classrooms, a café, a library and an auditorium, as well as dorm rooms. Mr. tution opened within Columbus, on the persona of a specialized Van Zandt, 60, said having people in closer proximity will foster collaboration. when another highly regarded pro- high school via its elective courses. The New School has a strong liberal-arts program and is a favorite among gram spun off as the Collegiate In- Like Columbus, they draw stu- New Yorkers for continuing-education courses. However, it is best known for stitute for Math and Science.In just dents from throughout the city. SCHOOL’S OUT: Columbus High now shares Parsons The New School for Design. Last year, it started a master’s program their first year, Pelham Preparatory According to Lisa Fuentes, its building with seven other institutions. in strategic design management that attracted 30 students, 30% more than it and Collegiate Institute each si- Columbus’ principal since 2003, was expecting. It now has 120 students. phoned off about 100 honor stu- therein lies another factor in her Mr. Van Zandt, the former dean of Northwestern Law School, said that the dents from Columbus. school’s downward spiral.She noted Edith Blitzer, president of the school can leverage Parsons’ position by stressing that design extends that both the institution and “fami- Pelham Parkway Neighborhood beyond industries like fashion and advertising. Cities and artistic Phasing out lies in the community” were hurt by Association,insisted that it “doesn’t communities must be designed, for example. Last year, students from The final blow to the Astor the DOE’s move about a decade ago have an impact,really.”She pointed Parsons joined with colleagues from another New School division, the Milano Avenue school came with its DOE to stop requiring students to attend out that the neighborhood’s high- School of International Affairs, Management and Urban Policy, to come up report card for the 2009- their neighborhood, or school-age children are “old enough with new applications for the city’s unused phone booths. 2010 academic year. It zoned,schools.Under the to travel to other schools.” Overall, the school’s student body has been stable, with 10,567 enrolled got a D. That led the new rules, they can apply 1938 Housing benefit seen last year, up about 5% from 2008. Meanwhile, the endowment fell about 5%, DOE in January 2011 to YEAR Columbus to wherever they want to to $208 million, during the same period. order the school to begin H.S. opens go.But lacking any sort of Some believe that the Columbus —THERESA AGOVINO phasing itself out by no rigorous admission re- Educational Campus, with its di- longer accepting appli- quirements, Columbus verse list of smaller,stronger schools, cations for ninth grade 82% ended up as a catchment could represent an improvement. DROP in enrollment for the following Sep- since 2010 for academically chal- “It could help the neighbor- tember. As a result, its lenged students residing hood’s housing market because bet- enrollment plummeted anywhere within the five ter schools are more attractive to from 1,396 in 2010 to D boroughs. homebuyers,” said Steven Pader- 245 students today—all GRADE Columbus “We were no longer a nacht,owner of SMP Realty Group of them seniors or super- earned in 2009-10 community school,” said in the Bronx’s Kingsbridge section. seniors. Ms. Fuentes, Columbus At least one aspect of Columbus The much-diminished institu- Class of 1977. will be missed by many residents: tion shares its five-story, 262,000- That changed status and the Ms.Fuentes,who will retire in June. square-foot edifice, now renamed school’s eroded importance in the Valentina Staton, the mother of the Christopher Columbus Edu- neighborhood may also explain the a current Columbus student and a cational Campus, with seven other community’s relatively muted re- half-dozen alums,praised the prin- schools. Its neighbors include As- sponse to its passing. While news cipal for her hands-on involvement tor Collegiate and the High School of the school’s fate brought parents, in making sure “teens are in the for Language and Innovation, as teachers and elected officials out to right program so that they can well as Global Enterprise High protest at an initial public meeting, graduate,” and for “going the dis- buck ennis School—a decade-old institution the community has long since tance” by, among other things, ar- that will also close down in June. moved on. In fact, some communi- ranging for financially strapped On just the first floor of the ty leaders today see the closure as a students to have party dresses to Nancy Zimpher building, which faces the New nonissue. wear to the prom. Ⅲ Chancellor, State University of New York he State University of New FROM York has a plan to offer 10 AROUND bachelor’s degree programs online starting in 2014. The THE CITY Tgoal: to expand access, lower loan de- faults and reduce the costs of getting a STATEN ISLAND degree. Chancellor Nancy Zimpher has predicted that in three years SUNY MTA eyes cycling will have as many as 100,000 students path for Verrazano online, which would make it the largest online educator among Amer- Hope is rising that the key remain- ican public institutions. ing gap in the 50-mile pedestrian It’s a tall order, but it’s only one of a and cycling route wrapping number of ambitious goals Ms. Zim- around New York Harbor may pher has for the 64-campus, 467,000- someday be closed. In late August, student, $10 billion system. President the Metropolitan Transportation istock of the University of Cincinnati before Authority issued a request for pro- MIND THE GAP: The Verrazano Bridge is the missing link in bike path around New York Harbor. she was named SUNY chancellor posals for development of the ap- three years ago, the 66-year-old, who proaches to the Verrazano- earned $545,000 in fiscal 2011, has consolidated administrative functions Narrows Bridge. Buried within traffic.The Harbor Ring Commit- lyn, Staten Island and New Jersey, and put in place a plan to shift the money to academic programs based on that RFP was a request to include tee, a group formed in 2011 to ad- but bikers and pedestrians current- individual campus performance measures, such as graduation rates. Since an assessment of the feasibility of vocate for a completed walking/cy- ly have no way to cross between 2008,the system has seen $1.4 billion in budget cuts,but got a small reprieve adding bike paths on the motor- cling route, applauded the move. Brooklyn and Staten Island. The when Gov. Andrew Cuomo committed up to $140 million to four institu- vehicles-only bridge. “We commend the MTA on committee released its Harbor tions to strengthen academic programs and spur job growth in the state. The MTA is seeking consult- taking this long-awaited step for- Ring map in September, despite Six-year graduation rates are similar to those of private schools,although ants to study costs and offer recom- ward toward construction of the the missing paths on the Ver- community colleges are still a work in progress, and 25% of incoming stu- mendations for such a pathway, Verrazano pathways, which we razano. dents—50% of associate degree aspirants—still need remediation,but a new taking into account projected bicy- have been advocating for since Oc- Judith Glave, a spokeswoman Smart Scholars program launched a year ago by Ms. Zimpher has helped cle demand on the bridge through tober 2012,” said David Wenger, a for the MTA, confirmed that the more than 5,100 high-school students stay in school, graduate and earn 2035.The path would likely use the committee member and lawyer bikeway feasibility study is part of credits for college. A Smart Track initiative is helping reduce student debt, existing ramps and then run be- with DLA Piper. the RFP. The closing date for the and partnerships with employers are helping students get jobs. tween sets of cables on the bridge The Harbor Ring threads its RFP is Oct. 15. —judith messina itself, where it wouldn’t affect car way through Manhattan, Brook- —marine cole

October 14, 2013 | Crain’s New York Business | 23 7UKPI6GEJPQNQI[VQ+PURKTG(WP CV;QWT'XGPVU I love having fun, and chances for checking into sessions Instagram, and select photos/ are, you do too. As event and making new connections. videos to be shown on a live planners, we get so caught DoubleDutch even has a feed throughout the venue. up in planning the agenda, leaderboard that continuously Guests will love seeing their organizing the all the sponsor tracks the users’ points, en- visual masterpieces on the components and marketing forcing their competitive drive. big screen and this feature the event that we often forget will encourage them to keep about adding in the crucial When it comes to adding engaging with the event via component of fun. Adding fun games to an event, it is photos and videos. can be easier than you think, KORQTVCPVVQƂPFUQOGVJKPI especially if you leverage tech- that both achieves your goal 5KORNGCFFKVKQPUVJCV nology and the smartphone CUVJGRNCPPGTCPFDGPGƂVU GPJCPEGVJGHWP already attached to your [QWTCVVGPFGGU)COKƂECVKQP Last week while attending an attendees’ hands. Here are apps can generate social event, I came across a new a few ways that you can use interaction at your events company called Preo – they technology to enhance the fun – something that event plan- inject fun into one of the most factor at your next event. ners always encourage – and common experiences at an can be rewarded with prizes event: the bar. We are all famil- )COKƂECVKQP for your attendees. iar with the long lines at a bar, Games that bring out the but this app makes everyone’s competitive nature of your 2JQVQUCPFXKFGQU lives easier by eliminating that attendees are a great way to If you haven’t noticed, the wait time. By using any smart enhance the experience of general public is completely phone, attendees can order your events. There are many obsessed with taking photos their drink and pay for it from apps out there that allow you and videos of everything in anywhere in the venue. Once to gamify your events, but one sight, and the personal-docu- the drink is ready, the attend- that I am particularly fond of mentary madness only inten- ee’s phone alerts them to go is DoubleDutch, because it al- UKƂGUYJGPKVEQOGUVQGXGPVU pick it up… no standing in lows attendees to earn points From the candy bar to the long lines or waiting around! shrimp appetizers, every sweet Doing something new and and savory moment is cap- different at your event, like tured by attendees through- incorporating the Preo app, out the event. Wouldn’t it be is always fun for your attend- cool to be able to show-off ees and will make your event [QWTIKHVDCIVUJKTVUGNƂGVQ stand out from the crowd. everyone at the event? Well, you don’t have to wait any Whether it’s a simple game, longer because there is a way! encouraging social media Something that I have done engagement or working with at my events is to aggregate on-site technology, there .K\-KPI all of the visual content that’s are many ways to inject fun CEO, Chief Event Specialist, Liz King Events being shared using a tool into your events. By creat- Co-Founder, PlannerTech Event Technology called Splash. This site allows ing a unique and engaging Showcase you to search for images and experience, your attendees Executive Producer, Event Alley Show videos that have been shared will want to know the date Reach me, [email protected] on popular social networks, of your next event and will Follow me, Twitter.com/lizkingevents such as Facebook, Twitter and encourage their peers to join.

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A Special Advertising Supplement to Crain’s New York Business S2 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM EVENT PUBLIC & LEGAL NOTICES Amalgamated Life Insurance NOTICE OF QUALIFICATION OF Notice of Qualification of AG Private Notice of Qualification of SAGABON Company is committed to ATCO SC-1, LLC. Authority filed Equity IV Annex LLC. Authority filed NEW YORK LLC. Authority filed with with Secy of State of NY (SSNY) on with NY Dept. of State on 8/26/13. Secy. of State of NY (SSNY) on Corning Elite Emerging preventing fraud in regard to the 7/11/13. Office location: NY County. Office location: NY County. LLC 09/17/13. Office location: NY County. Technologies Seminar & Tradeshow insurance coverage it issues. LLC formed in DE on 5/30/13. SSNY formed in DE on 8/19/13. NY Sec. of LLC formed in Delaware (DE) on When: Tuesday, October 22, 2013 Therefore, Amalgamated Life, as designated as an agent upon whom State designated agent of LLC upon 08/29/13. SSNY designated as agent 1:00 p.m. - 7:00 p.m. process may be served and shall mail whom process against it may be of LLC upon whom process against it Where: New York Marriott Marquis required by the New York State copy of process against LLC to: The served and shall mail process to: c/o may be served. SSNY shall mail process 1535 Broadway New York, NY 10036 Department of Financial Services Corp Trust Co. 1209 Orange St. Angelo Gordon & Co., L.P., 245 Park to David B. Newman Esq., Day Pitney Join Corning, along with major technology leaders, makes the following statement: Wilmington, DE 19801. Principal Ave., 26th Fl., NY, NY 10167, principal LLP, 7 Times Sq., NY, NY 10036. DE for a seminar providing attendees with a holistic look business address: c/o Atco Properties. business address. DE address of LLC: addr. of LLC: Corporation Service at leading edge technology for tomorrow, today. Cert of LLC filed with Secy of State of c/o The Corporation Trust Co., 1209 Co., 2711 Centerville Rd., Ste. 400, Presentations will be followed by an interactive mini tradeshow and happy hour where you will have the Any person who knowingly and DE located: Division of Corporations, Orange St., Wilmington, DE 19801. Wilmington, DE 19808. Arts. of Org. opportunity to view product displays and speak with with intent to defraud any P.O. Box 898, Dover, DE 19903. Cert. of Form. filed with DE Sec. of filed with Secy. of State of DE, Div. of leading technology experts, as well as present and Purpose: any lawful act. State, Townsend Bldg., Dover, DE Corps., John G. Townsend Bldg., future users committed to these new approaches. insurance company or other 19901. Purpose: all lawful purposes. 401 Federal St. - Ste. 4, Dover, DE Registration link: person, files an application for Notice of Qualification of Rand 19901. Purpose: Any lawful activity. www.corningeliteseminarny.eventbrite.com Advisors, LLC. Authority filed with NOTICE OF FORMATION OF Thomas insurance or statement of claim NY Dept. of State on 8/29/13. Office Spine Consulting. Arts of Org filed Notice of Qual. of Arden Advisers II, containing any materially false location: NY County. Princ. bus. addr.: with Secy of State of NY (SSNY) on L.P., Auth. filed Sec’y of State (SSNY) information, or conceals for the 42 Regatta View Dr., Saratoga Springs, 4/9/13. Office location: NY County. 2/20/13. Office loc.: NY County. LP REAL ESTATE NY 12866. LLC formed in DE on SSNY designated as agent upon org. in DE 2/13/13. SSNY desig. as purpose of misleading, 8/27/13. NY Sec. of State designated whom process may be served and agent of LP upon whom process COMMERCIAL information concerning any agent of LLC upon whom process shall mail copy of process against against it may be served. SSNY shall Hudson Valley of New York factual material there-to, commits against it may be served and shall LLC to principal business address: mail copy of proc. to Att: Averell 1)Investment Properties, off market deals mail process to: c/o CT Corporation 401 E 62nd St, Apt 2B, NY, NY Mortimer, 375 Park Ave., 32nd Fl., 2) Development Sites; TOD, Apts, Retail, Hospitality a fraudulent act, which is a System, 111 8th Ave., NY, NY 10011. 10065. Purpose: any lawful act. NY, NY 10152. DE off. addr.: CSC, 3) Data, Call, Communications Cntr, 100K SF Metro North crime. They will be subject to a DE addr. of LLC: c/o The Corporation 2711 Centerville Rd., Wilmington, DE 4)Pawling, NY 50K SF/2.7 Acres Shwrm, Wrhse Trust Co., 1209 Orange St., Notice of Formation of P2 DONUT 19808. Cert. of LP on file: SSDE, 5)Cold Spring- Restaurant / Bistro / Office civil penalty not to exceed five Wilmington, DE 19801. Cert. of HOLDINGS LLC. Arts. of Org. filed Townsend Bldg., Dover, DE 19901. 6)Metro North Train Stop Live-Work Artist/Service with Secy. of State of NY (SSNY) on 7) Institutional – Schools, Dorms, Recreation HUD River thousand dollars and the stated Form. filed with DE Sec. of State, 401 Name/addr. of each gen. ptr. avail. at 03/22/10. Office location: NY County. [email protected] value of the claim for each Federal St., Dover, DE 19901. SSNY. Purp.: any lawful activities. www.crproperties.com 845 485-3100 Purpose: all lawful purposes. Princ. office of LLC: 135 W. 18th St., violation. 2nd Fl., NY, NY 10011. SSNY NOTICE OF FORMATION OF LIMITED OFFICE SPACE Notice of Qualification: Pronology, designated as agent of LLC upon LIABILITY COMPANY. NAME: 25 CPW 18I LLC. Articles of Organization Anyone knowing of a fraudulent LLC. Application of Authority filed whom process against it may be PILnet has up to 3,200 sq. ft. of newly with SSNY on 08/23/2013. Office served. SSNY shall mail process to were filed with the Secretary of State renovated space to sublet Dec. 2013. Wall act should call Ellen Dunkin at: location: New York County. LLC the LLC at the addr. of its princ. of New York (SSNY) on 08/23/13. The Street, East River views, nonprofit-friendly Amalgamated formed in California on 05/17/2013. office. Purpose: Any lawful activity. latest date of dissolution is 12/31/2113. building. Includes conference room, Address to which SSNY mail a copy Office location: New York County. Life Insurance Company Notice of Formation of Biscuits & Bath SSNY has been designated as agent copy/print station, 3 to 6 closed offices of any process against LLC: 17785 Sutton Place, LLC. Arts. of Org. filed and 12 workstations. Shared reception, 333 Westchester Avenue Center Court Drive, Suite 600 of the LLC upon whom process with Secy. of State of NY (SSNY) on against it may be served. SSNY shall pantry and IT room. Contact Denelle at White Plains, NY 10604 Cerritos, CA 90703. Principal business 8/15/13. Office location: NY County. 212-803-5388 or [email protected]. address of the LLC: 3626 Hightide mail a copy of process to the LLC, 800-624-5844 SSNY designated as agent of LLC 511 East 78th Street, #1G, New York, Dr. Rancho Palos Verdes, CA 90275. upon whom process against it may be Certificate of LLC filed with Secy of New York 10021. Purpose: For any served. SSNY shall mail process to: lawful purpose. PUBLIC & LEGAL NOTICES State of CA located: 1500 11th c/o Biscuits & Bath Companies, LLC, Street, Sacramento, CA 95814. 41 W. 13th St., NY, NY 10011, Attn: Notice of Formation of Maele, LLC. Notice of Qualification of Ampere Notice of Qualification of Hayden CEO. Purpose: any lawful activity. Articles of Organization filed with the Solar Owner II, LLC. Authority filed Asset VII, LLC. App. for Auth. filed Notice of Qual. of Roystone Capital Holdings LLC, Auth. filed Sec’y of Secretary of State of NY (SSNY) on with NY Dept. of State on 9/16/13. with Secy. of State of NY (SSNY) on Notice of Formation of ANDREAS 8/06/13. Office location: NY County. Office location: NY County. LLC 9/3/13. Office location: NY County. State (SSNY) 2/19/13. Office loc.: NY ANASTASIS LLC. Arts. of Org. filed County. LLC org. in DE 11/16/12. SSNY SSNY has been designated as agent formed in DE on 8/13/13. NY Sec. of LLC formed in Delaware (DE) on with Secy. of State of NY (SSNY) on of LLC upon whom process against State designated agent of LLC upon 9/18/12. SSNY designated as agent desig. as agent of LLC upon whom 05/17/13. Office location: NY County. process against it may be served. it may be served. SSNY shall mail a whom process against it may be of LLC upon whom process against SSNY designated as agent of LLC copy of process to: 650 Sixth Avenue, served and shall mail process to: c/o it may be served. SSNY shall mail SSNY shall mail copy of proc. to Att: upon whom process against it may be Richard Barrera, 767 Third Ave., 6th 4H, NY, NY 10011. Purpose: any CT Corporation System, 111 8th process to: Capitol Services, Inc., served. SSNY shall mail process to lawful activities. Ave., NY, NY 10011, regd. agent 1218 Central Ave., Ste. 100, Albany, Fl., NY, NY 10017. DE off. addr.: CSC, Corporation Service Co., 80 State St., upon whom process may be served. NY 12205. DE address of LLC: 1675 2711 Centerville Rd., Wilmington, DE Albany, NY 12207, regd. agent upon RAYDOOR REALTY, LLC, a domestic DE address of LLC: 1209 Orange St., South State St., Ste. B, Dover, DE 19808. Cert. of Form. on file: SSDE, whom and at which process may be LLC, Arts. of Org. filed with the SSNY Wilmington, DE 19801. Cert. of 19901. Arts. of Org. filed with DE Townsend Bldg., Dover, DE 19901. served. Purpose: Any lawful activity. on 7/25/13. Office location: New York Form. filed with DE Sec. of State, Secy. of State, 401 Federal St., Ste. Purp.: any lawful activities. County. SSNY is designated as 401 Federal St., Dover, DE 19901. 4, Dover, DE 19901. Purpose: any NOTICE OF QUALIFICATION of ISOS agent upon whom process against Notice of Qualification of RCM MEDIA JEWELRY LLC. Authority filed with Purpose: all lawful purposes. lawful act or activity. LLC. Authority filed with Secy. of State the LLC may be served. SSNY shall Secy of State of NY (SSNY) on 8/9/13. mail process to: The LLC, 134 W. Notice of Qual. of Maple West 25th Notice of Formation of Holly J. of NY (SSNY) on 09/19/13. Office Office location: NY County. LLC 29th St., Ste. 909, NY, NY 10001. Owner, LLC, Auth. filed Sec’y of Digertt, LLC. Articles of Organization location: NY County. LLC formed in formed in NJ on 3/17/13. SSNY General Purposes. State (SSNY) 7/3/13. Office loc.: NY filed with the Secretary of State of Pennsylvania (PA) on 08/10/10. SSNY designated agent upon whom process County. LLC org. in DE 7/3/13. SSNY NY (SSNY) on 10-9-13. SSNY has designated as agent of LLC upon whom may be served and shall mail copy of Notice of Formation of desig. as agent of LLC upon whom been designated as agent upon process against it may be served. SSNY process against LLC to principal CANNON/STUART MANAGEMENT, process against it may be served. whom process against it may be shall mail process to c/o Richard C. business address: 3 Preservation LLC. Arts. of Org. filed with Secy. of SSNY shall mail copy of proc. to NRAI, served. The Post Office address to Morais, 309 E. 49th St., Apt. 5E, NY, Place, Princeton, NJ 08540. Cert of State of NY (SSNY) on 08/14/13. 111 8th Ave., NY, NY 10011, the Reg. which the SSNY shall mail a copy of NY 10017. PA addr. of LLC: 2595 LLC filed with Secy of State of NJ Office location: NY County. SSNY Agt. upon whom proc. may be served. any process against the LLC served Interstate Dr., St.103, Harrisburg, PA located: 33 West State St, Trenton, designated as agent of LLC upon whom DE off. addr.: 160 Greentree Dr., Ste. upon him/her is: 264 Main Street, 17110. Arts. of Org. filed with Secy. NJ 08608. Purpose: any lawful act. process against it may be served. 101, Dover, DE 19904. Cert. of Form. Rockfall, CT 06481. The principal of the Commonwealth, 333 Market SSNY shall mail process to c/o Cole, on file: SSDE, Townsend Bldg., Dover, business address of the LLC is 264 St., 16th Fl., Harrisburg, PA 17121. Formation of LONG TERM CARE Schotz, Meisel, Forman & Leoanrd, DE 19901. Purp.: any lawful activities. Main Street, Rockfall, CT 06481. Purpose: Any lawful activity. CONVERSION FUNDING, LLC filed P.A., 900 Third Ave., 16th Fl., NY, NY Purpose: Any lawful act or activity. with the Secy. of State (SSNY) on 10022. Purpose: Any lawful activity. Notice of Formation of OMP JUNIOR NOTICE OF QUALIFICATION of 12/28/12. Office loc.: New York NOTE, LLC. Arts. of Org. filed with Notice of Qual. of Reef Road Investors Gemini CP Operator, LLC. Authority County. SSNY designated as agent of NOTICE OF FORMATION OF Sheryl Secy. of State of NY (SSNY) on LP, Auth. filed Sec’y of State (SSNY) filed with Secy of State of NY (SSNY) LLC upon whom process against it Checkman Design LLC. Arts of Org 09/23/13. Office location: NY 2/20/13. Office loc.: NY County. LP on 8/14/13. Office location: NY County. may be served. The principal business filed with Secy of State of NY (SSNY) County. Princ. office of LLC: 60 org. in DE 2/19/13. SSNY desig. as LLC formed in DE on 5/9/13. SSNY loc. and address SSNY shall mail on 5/30/13. Office location: NY Columbus Circle, NY, NY 10023. agent of LP upon whom process designated agent upon whom process to is 712 5th Ave., 12th Fl., County. SSNY designated as agent SSNY designated as agent of LLC against it may be served. SSNY shall process may be served and shall New York, NY 10019. Purpose: Any upon whom process may be served upon whom process against it may mail copy of proc. to Att: Eric Rosen, mail copy of process against LLC to: lawful activity. and shall mail copy of process against be served. SSNY shall mail process 747 Third Ave., 19th Fl., NY, NY c/o CSC, 80 State St., Albany, NY LLC to principal business address: to Corporation Service Co., 80 State 10017. DE off. addr.: CSC, 2711 12207. Principal business address: Notice of formation of 2530 FOSTER 531 E 87th St, 1C, NY, NY 10128. St., Albany, NY 12207-2543. Centerville Rd., Wilmington, DE c/o CSC 2711 Centerville Rd, Ste PARTNERS LLC Arts. of Org. filed Purpose: any lawful act. Purpose: Any lawful activity. 19808. Cert. of LP on file: SSDE, 400, Wilmington, DE 19808. Cert. of with the Sect’y of State of NY (SSNY) Townsend Bldg., Dover, DE 19901. LLC filed with Secy of State of DE: on 7/31/2013. Office location, County Notice of Qualification of Crestview Notice of Qualification of IH3 PROP- Name/addr. of each gen. ptr. avail. at 401 Federal St. Ste 4, Dover, DE of New York. SSNY has been Offshore Holdings III (FF), L.P. ERTY HOLDCO L.P. Authority filed SSNY. Purp.: any lawful activities. 19901. Purpose: any lawful act. designated as agent of the LLC upon Authority filed with NY Dept. of State with Secy. of State of NY (SSNY) on whom process against it may be on 8/30/13. Office location: NY County. 08/28/13. Office location: NY County. NOTICE OF QUALIFICATION of NOTICE OF QUALIFICATION of served. SSNY shall mail process to: Princ. bus. addr.: 667 Madison Ave., LP formed in Delaware (DE) on Westchase Residential Assets II LLC. Westchase Residential Assets LLC. The LLC, 171 West 80th St., #1, NY 10th Fl., NY, NY 10065. LP formed in 08/08/13. Princ. office of LP: 345 Park Authority filed with Secy of State of Authority filed with Secy of State of NY 10024. Purpose: any lawful act. Cayman Islands (CI) on 5/8/13. NY Ave., NY, NY 10154. SSNY designated NY (SSNY) on 8/22/13. Office loca- NY (SSNY) on 8/22/13. Office loca- Sec. of State designated agent of LP as agent of LP upon whom process tion: NY County. LLC formed in DE tion: NY County. LLC formed in DE MARVEL ARCHITECTS PLLC filed upon whom process against it may against it may be served. SSNY shall on 7/3/13. SSNY designated agent on 7/1/13. SSNY designated agent Articles of Organization with the be served and shall mail process to: mail process to Corporation Service upon whom process may be served upon whom process may be served Department of State of NY on c/o CT Corporation System, 111 8th Co. (CSC), 80 State St., Albany, NY and shall mail copy of process and shall mail copy of process 7/11/2013. Office Location: County Ave., NY, NY 10011. CI addr. of LP: 12207-2543. Name and addr. of each against LLC to: 120 Gibraltar Rd, Ste against LLC to: 120 Gibraltar Rd, Ste of New York. The Secretary of State c/o Maples Corporate Services Ltd., general partner are available from 300, Horsham, PA 19044. Principal 300, Horsham, PA 19044. Principal of NY (“SSNY”) has been designated PO Box 309, Ugland House, Grand SSNY. DE addr. of LP: c/o CSC, 2711 business address: 7077 Bonneval business address: 7077 Bonneval as agent of the PLLC upon whom Cayman, KY1-1104, CI. Name/addr. Centerville Rd., Ste. 400, Wilmington, Rd, Ste 430, Jacksonville, FL 32216. Rd, Ste 430, Jacksonville, FL 32216. process against it may be served. of genl. ptr. available from NY Sec. of DE 19808. Arts. of Org. filed with DE address: 2711 Centerville Rd, Ste DE address: 2711 Centerville Rd, Ste SSNY shall mail a copy of any such State. Cert. of LP filed with Registrar State of DE, Dept. of State, Div. of 400, Wilmington, DE 19808. Cert. of 400, Wilmington, DE 19808. Cert. of process served to: c/o Goetz of Exempted LPs, Ground Fl., Citrus Corps., John G. Townsend Bldg., LLC filed with Secy of State of DE: LLC filed with Secy of State of DE: Fitzpatrick LLP, One Penn Plaza, Grove Bldg., Goring Ave., George 401 Federal St., Ste. 4, Dover, DE 401 Federal St, Ste 4, Dover, DE 401 Federal St, Ste 4, Dover DE # 4401, NY, NY 10119. Purpose: to Town, Grand Cayman, CI. Purpose: 19901. Purpose: Any lawful activity. 19901. Purpose: any lawful act. 19901. Purpose: any lawful act. practice architecture. all lawful purposes.

26 | Crain’s New York Business | October 14, 2013 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES NOTICE OF QUALIFICATION OF Notice of Formation; Integrity Square Notice of Qualification of Tanger Notice of Qualification of Mara NOTICE OF QUALIFICATION of THC-ATCO, LLC. Authority filed with LLC Application for Authority filed Manager, LLC. Authority filed with Entertainment LLC. App. for Auth. Harlev Associates LLC. Application Secy of State of NY (SSNY) on with SSNY on 1/4/2012. Off. Loc.: New NY Dept. of State on 8/19/13. Office filed with Secy. of State of NY (SSNY) for Authority filed with the Secretary 7/25/13. Office location: NY County. York Cnty. Arts. of Org. filed with SSDE location: NY County. LLC formed in on 9/19/13. Office location: NY of State of New York on August 23, LLC formed in DE on 10/14/09. SSNY on 2/24/2010. SSNY designated as DE on 8/15/13. NY Sec. of State County. LLC formed in Delaware (DE) 2013. Office location: New York designated as an agent upon whom agent of LLC whom process may be designated agent of LLC upon whom on 7/19/13. SSNY designated as County. LLC formed in Virginia on process may be served and shall served. SSNY shall mail process to: process against it may be served agent of LLC upon whom process June 8, 2013. New York Secretary of mail copy of process against LLC to: c/o the LLC, 49 West 23rd Street, 10th and shall mail process to: c/o CT against it may be served. SSNY shall State has been designated as an United Corporate Services, Inc. 874 Floor, New York, NY 10010. Address Corporation System, 111 8th Ave., mail process to: c/o United agent upon whom process against it Walker Rd., Suite C, Dover, DE required to be maintained in DE: c/o NY, NY 10011, regd. agent upon Corporate Services, Inc., 10 Bank St., may be served. The Post Office 19904. Cert of LLC filed with Secy National Registered Agents Inc., 160 whom process may be served. DE Ste. 560, White Plains, NY 10606. DE address to which the Secretary of of State of DE located: Division of Greentree Drive, Suite 101, Dover, DE address of LLC: 1209 Orange St., address of LLC: 874 Walker Road, State shall mail a copy of any process Corporations, P.O. Box 898, Dover, 19904, County of Kent. Name and Wilmington, DE 19801. Cert. of Ste. C, Dover, DE 19904. Arts. of against the LLC served upon him/her DE 19903. Purpose: any lawful act. address of the authorized officer in DE Form. filed with DE Sec. of State, Org. filed with DE Secy. of State, is: 40 East 78th Street, Unit 5E, New where copy of Arts. of Org. is filed: 401 Federal St., Dover, DE 19901. Townsend Bldg., Dover, DE 19901. York, NY 10028. The principal business Notice of Formation of CA 2952 Purpose: all lawful purposes. address of the LLC is: 40 East 78th HOLDINGS LLC. Arts. of Org. filed Secretary of State of Delaware, John Purpose: any lawful activity. G. Townsend Bldg., Federal and Duke Street, New York, NY. Certificate of with Secy. of State of NY (SSNY) on Notice of Qual. of Reef Road GP LLC, Notice of Formation of Limited Liability LLC filed with the Secretary of State 8/30/13. Office location: NY County. of York Streets, Dover, DE 19901. Auth. filed Sec’y of State (SSNY) Purpose: all lawful activities. Company (LLC). Name: NY STAYS LLC. of Virginia located at: 1300 E. Main SSNY designated as agent of LLC 2/20/13. Office loc.: NY County. LLC Articles of Organization filed by the Street, Richmond, VA 23219. upon whom process against it may ALYSSA KAPITO INTERIORS, LLC, a org. in DE 2/19/13. SSNY desig. as Department of State of New York on: Purpose: any lawful act or activity. be served. SSNY shall mail process domestic LLC, filed with the SSNY on agent of LLC upon whom process 08/21/2013. A Certificate of Amendment to: c/o The LLC, 1407 Broadway, 8/12/13. Office location: New York against it may be served. SSNY shall changing the name to: NK STAYS Nederlander Worldwide Theatre 41st Fl., NY, NY 10018. Purpose: any County. SSNY is designated as agent mail copy of proc. to Att: Eric Rosen, LLC was filed in: 08/27/2013. Office Management, LLC. Arts. of Org. filed lawful activity. upon whom process against the LLC 747 Third Ave., 19th Fl., NY, NY location: County of New York. with Secy. of State of NY (SSNY) on may be served. SSNY shall mail 10017. DE off. addr.: CSC, 2711 Purpose: any and all lawful activities. 08/21/13. Off. loc.: NY Co. SSNY NOTICE OF FORMATION OF Centerville Rd., Wilmington, DE designated as agent of LLC upon CVfromGreece LLC. Arts of Org filed process to: The LLC, c/o Tannenholtz Secretary of State of New York Consulting, 250 W. 54th St., Ste. 703, 19808. Cert. of Form. on file: SSDE, (SSNY) designated as agent of LLC whom process may be served. SSNY with Secy of State of NY (SSNY) on Townsend Bldg., Dover, DE 19901. shall mail process to c/o Robinson 6/13/13. Office location: NY County. NY, NY 10019. General Purposes. upon whom process against it may Purp.: any lawful activities. be served. SSNY shall mail a copy of Brog, et al., 875 3rd Ave, 9th Fl., New SSNY designated as agent upon Notice of Formation of Trudy Williams York, NY 10022. Purpose: General. whom process may be served and Notice of Qual. of Reef Road Capital process to: 115 Broadway, Ste 302, LLC. Arts. Of Org. filed with Secy. of New York, NY 10006. shall mail copy of process against State of NY (SSNY) on 8/8/2013. LLC, Auth. filed Sec’y of State (SSNY) NOTICE OF FORMATION of Tahoe LLC to principal business address: Office location: New York County. 2/20/13. Office loc.: NY County. LLC Notice of Formation of Interjewel East Holdings LLC. Art. of Org. filed 10 Barclay St, #52A, NY, NY 10007. SSNY designated as agent of LLC org. in DE 9/27/12. SSNY desig. as Realty LLC, Art. of Org. filed Sec’y of w/Secy. of State of NY (SSNY) on Purpose: any lawful act. upon whom process against it may be agent of LLC upon whom process State (SSNY) 11/18/10. Office location: 6/13/2013. Office location: New against it may be served. SSNY shall NY County. SSNY designated as York County. SSNY designated as Notice of Formation of BGCH served. SSNY shall mail process to: mail copy of proc. to Att: Eric Rosen, agent of LLC upon whom process agent for service of process. SSNY Apartments Managers LLC. Arts. of The LLC, 201 West 92nd Street, 1K, 747 Third Ave., 19th Fl., NY, NY against it may be served. SSNY shall shall mail process to: 49 Wolf Hill Org. filed with Secy. of State of NY New York, NY 10025. Purpose/ 10017. DE off. addr.: CSC, 2711 mail copy of process to c/o Law Court Cheshire, CT 06410. (SSNY) on 8/20/13. Office location: character of LLC: Any lawful purpose. Centerville Rd., Wilmington, DE Offices of Mitchell Devack, 90 Merrick Purpose: Any lawful activity. NY County. SSNY designated as NOTICE OF FORMATION OF 19808. Cert. of Form. on file: SSDE, Ave., Ste. 500, E. Meadow, NY NOTICE OF FORMATION OF LIMITED agent of LLC upon whom process KONTAKME LLC. Arts of Org filed Townsend Bldg., Dover, DE 19901. 11554. Purpose: any lawful activities. LIABILITY COMPANY. NAME: PIANO I against it may be served. SSNY shall with Secy of State of NY (SSNY) on Purp.: any lawful activities. mail process to: The LLC, c/o 9/19/13. Office location: NY County. Notice of Formation of On the Way LLC. Application for Authority was Monadnock Construction, Inc., 155 SSNY designated agent upon whom Name of LP: Strike Capital, L.P. Cert. to Brooklyn, LLC. Arts. of Org. filed filed with the Secretary of State of New 3rd St., Brooklyn, NY 11231. process may be served and shall filed with NY Dept. of State: 8/26/2013. with Secy. of State of NY (SSNY) on York (SSNY) on 08/14/13. The LLC Purpose: any lawful activity. mail copy of process against LLC to Office loc.: NY Co. Sec. of State 9/18/13. Office location: NY County. was originally filed with the Secretary principal business address: 142 E. designated agent of LP upon whom SSNY designated as agent of LLC of State of Delaware on 02/08/13. Notice of Formation of EMG REALTY, process against it may be served Office location: New York County. SSNY LLC. Arts. of Org. filed with Secy. of 98th St., # 3, NY, NY, 10029. upon whom process against it may Purpose: any lawful act. and shall mail process to: c/o be served. SSNY shall mail process has been designated as agent of the State of NY (SSNY) on 05/07/04. Business Filings Inc., 187 Wolf Rd., LLC upon whom process against it Office location: NY County. Princ. to: The LLC, c/o Gilbride, Tusa, Last NOTICE OF FORMATION OF Ste. 101, Albany, NY 12205. & Spellane LLC, 708 Third Ave., 26th may be served. SSNY shall mail a copy office of LLC: 500 W. 56th St., #2203, PelagicOne LLC. Arts of Org filed Name/addr. of genl. ptr. available of process to the LLC, 45 East 65th NY, NY 10019. SSNY designated as Fl., NY, NY 10017. Purpose: any with Secy of State of NY (SSNY) on from Sec. of State. Term: until lawful activity. Street, New York, New York 10065. agent of LLC upon whom process 7/01/13. Office location: NY County. 12/31/2053. Purpose: any lawful act. Purpose: For any lawful purpose. against it may be served. SSNY shall SSNY designated as agent upon Notice of Formation of DePaola Notice of Qualification of Headstrong mail process to Edward O’Brien at whom process may be served and Valdes, L.L.P. Arts of Org filed with NOTICE OF FORMATION of Services, LLC. Authority filed with the princ. office of the LLC. Purpose: shall mail copy of process against the Secy of State of NY (SSNY) on EXPERTZ LLC. Arts. of Org. filed Secy. of State of NY (SSNY) on Any lawful activity. LLC c/o Wiggin and Dana LLP, 450 6/18/13. Office location: NY County. with Secy. of State of NY (SSNY) on 6/4/13. Office location: NY County. SSNY designated as agent upon 09/20/13. Office location: NY County. NOTICE OF FORMATION OF Teng Tea Lexington Ave., NY, NY 10017. LLC formed in Delaware (DE) on whom the process may be served SSNY designated as agent of LLC LLC. Arts of Org filed with Secy of Principal business address: TBD. 7/30/98. SSNY designated as agent and shall mail copy of process upon whom process against it may State of NY (SSNY) on 3/4/13. Office Purpose: any lawful act. of LLC upon whom process against against LLP to: DePaola Valdes, be served. SSNY shall mail process location: NY County. SSNY designated Hill Top Development LLC, Arts of Org it may be served. SSNY shall mail L.L.P. c/o The Partnership 7014 13th to 53 Park Place, Unit 8J, NY, NY as agent upon whom process may be filed with SSNY on 08/27/13. Off Loc: process to: National Registered Ave. Ste 202, Brooklyn, NY 11228. 10007. Purpose: Any lawful act. served and shall mail copy of process New York County, SSNY designated Agents, Inc., 111 Eighth Ave., NY, NY Principal business address: 370 Notice of Formation of BLUEH20 against LLC to: 88 2nd Ave #9, NY, NY as agent of LLC upon whom process 10011. Address to be maintained in Lexington Ave, Ste 509, NY NY HOLDINGS, LLC. Arts. of Org. filed 10003. Principal business address: against it may be served. SSNY shall DE: 160 Greentree Dr., Ste. 101, 10017. Purpose: any lawful act. with Secy. of State of NY (SSNY) on 123 E 7th St, NY, NY 10009. mail a copy of process to: The LLC, Dover, DE 19904. Arts of Org. filed 09/05/13. Office location: NY County. Purpose: any lawful act. 566 7th Ave, Ste. 901, New York, NY with the DE Secretary of State, 401 NOTICE OF FORMATION OF Celtic Princ. office of LLC: c/o Richard 10018. Purpose: to engage in any Federal St., Ste. 4, Dover, DE 19901. Knot Advisors LLC. Arts of Org filed Zirinsky, Jr., 60 E. 56th St., 9th Fl., Notice of Formation of SMIND lawful act. Purpose: any lawful activities. with Secy of State of NY (SSNY) on Monticello LLC. Arts. of Org. filed 8/5/13. Office location: NY County. NY, NY 10022. SSNY designated as with Secy. of State of NY (SSNY) on NOTICE IS HEREBY GIVEN that a Notice of Qualification of 666 OCR LL, SSNY designated as agent upon agent of LLC upon whom process 8/14/13. Office location: NY County. license number 1273712 for an on LLC. Authority filed with Secy. of State whom process may be served and against it may be served. SSNY SSNY designated as agent of LLC premises liquor license has been of NY (SSNY) on 09/13/13. Office shall mail copy of process against shall mail process to the LLC at the upon whom process against it may be applied for by Kingfish Group, LLC. location: NY County. LLC formed in LLC to principal business address: addr. of its princ. office. Purpose: served. SSNY shall mail process to: d/b/a Confessional to sell liquor at Delaware (DE) on 08/12/13. Princ. 262 Central Park West, Ste 5D, NY, Any lawful activity. The LLC, 401 West 45th St., NY, NY retail in a restaurant under the office of LLC: 280 Park Ave., 36W, NY, NY 10024. Purpose: any lawful act. 10036. Purpose: any lawful activities. Alcoholic Beverage Control Law at NY 10017. SSNY designated as agent Notice of Qualification of Hayden 308 E. 6th Street, New York, N.Y. of LLC upon whom process against it Notice of Qual. of Roystone Capital Asset V, LLC. App. for Auth. filed with NOTICE OF FORMATION OF LIMITED 10003 for on premises consumption. may be served. SSNY shall mail Advisors LLC, Auth. filed Sec’y of Secy. of State of NY (SSNY) on 9/3/13. LIABILITY COMPANY. NAME: 818 process to c/o Corporation Service Co., State (SSNY) 2/19/13. Office loc.: NY Office location: NY County. LLC BROADWAY LLC. Articles of GEMAT REALTY LLC Art. of Org. filed 80 State St., Albany, NY 12207-2543. County. LLC org. in DE 11/16/12. formed in Delaware (DE) on 9/18/12. Organization were filed with the Sec. of State of NY 04/04/2013. Off. DE addr. of LLC: 2711 Centerville SSNY desig. as agent of LLC upon SSNY designated as agent of LLC Secretary of State of New York (SSNY) Loc.: New York Co. SSNY designated Rd., Ste. 400, Wilmington, DE 19808. whom process against it may be upon whom process against it may be on 09/20/05. Office location: New York as agent upon whom process against Arts. of Org. filed with Secy. of State served. SSNY shall mail copy of proc. served. SSNY shall mail process to: County. SSNY has been designated it may be served. SSNY to mail copy of DE, 401 Federal St., Dover, DE to Att: Richard Barrera, 767 Third Ave., Capitol Services, Inc., 1218 Central as agent of the LLC upon whom of process to The LLC, 233 East 19901. Purpose: Any lawful activity. 6th Fl., NY, NY 10017. DE off. addr.: Ave., Ste. 100, Albany, NY 12205. DE process against it may be served. 69th Street, New York, NY 10021. CSC, 2711 Centerville Rd., Wilmington, address of LLC: 1675 South State Notice of Qualification of PWP Growth SSNY shall mail a copy of process to Purpose: Any lawful act or activity. DE 19808. Cert. of Form. on file: St., Ste. B, Dover, DE 19901. Arts. of the LLC, 13 Bennett Avenue, Equity Fund I (B) LP. Authority filed Notice of Qualification of IH3 PROP- SSDE, Townsend Bldg., Dover, DE Org. filed with DE Secy. of State, 401 Huntington Station, New York 11746. with Secy. of State of NY (SSNY) on ERTY ILLINOIS, L.P. Authority filed 19901. Purp.: any lawful activities. Federal St., Ste. 4, Dover, DE 19901. Purpose: For any lawful purpose. 08/08/13. Office location: NY County. Purpose: any lawful act or activity. with Secy. of State of NY (SSNY) on LP formed in Delaware (DE) on NOTICE OF AUTHORIZATION OF Notice of Qualification of Wayport, 08/28/13. Office location: NY County. 03/18/13. Princ. office of LP: PWP FOREIGN LLC. Name: Iguana Notice of Qualification of Babson LLC. Authority filed with NY Dept. of LP formed in Delaware (DE) on Growth Equity Fund I GP LLC, c/o Healthcare Partners, LLC. Date of Capital Finance LLC. Authority filed State on 9/4/13. Office location: NY 08/08/13. Princ. office of LP: 345 Park Perella Weinberg Partners Capital formation: 8/25/08. Date Authorized: with NY Dept. of State on 9/12/13. County. Princ. bus. addr.: 208 S. Akard Ave., NY, NY 10154. SSNY designated Management LP, 767 Fifth Ave., NY, 7/25/13. Jurisdiction of Organization: Office location: NY County. Princ. St., Rm. 3028, Dallas, TX 75202. LLC as agent of LP upon whom process NY 10153. SSNY designated as agent Delaware. Principal Office: 551 5th bus. addr.: 1500 Main St., Ste. 2800, formed in DE on 12/31/12. NY Sec. against it may be served. SSNY shall of LP upon whom process against it Ave., Ste. 1120, NY NY 10176. SSNY Springfield, MA 01115. LLC formed of State designated agent of LLC mail process to Corporation Service may be served. SSNY shall mail desig. agent of LLC upon whom in DE on 12/12/12. NY Sec. of State upon whom process against it may Co. (CSC), 80 State St., Albany, NY process to the LP at the addr. of its process may be served. SSNY shall designated agent of LLC upon whom be served and shall mail process to: 12207-2543. Name and addr. of each princ. office. Name and addr. of each mail copy of process to: 551 5th process against it may be served c/o CT Corporation System, 111 8th general partner are available from general partner are available from Ave., Ste. 1120, NY NY 10176. and shall mail process to: c/o CT Ave., NY, NY 10011, regd. agent SSNY. DE addr. of LP: c/o CSC, 2711 SSNY. DE addr. of LP: c/o Registered Agent: Corporation Trust Corporation System, 111 8th Ave., NY, upon whom process may be served. Centerville Rd., Ste. 400, Wilmington, Corporation Service Co., 2711 Co., 1209 Orange St., Wilmington, NY 10011, regd. agent upon whom DE addr. of LLC: 1209 Orange St., DE 19808. Arts. of Org. filed with Centerville Rd., Ste. 400, Wilmington, DE 19801. Officer in jurisdiction of process may be served. DE addr. of Wilmington, DE 19801. Cert. of State of DE, Dept. of State, Div. of DE 19808. Arts. of Org. filed with formation where arts of org are filed: LLC: 1209 Orange St., Wilmington, DE Form. filed with DE Sec. of State, Corps., John G. Townsend Bldg., State of DE, Secy. of State, Div. of Delaware Sec. of State, 401 Federal 19801. Cert. of Form. filed with DE Sec. 401 Federal St., Dover, DE 19901. 401 Federal St., Ste. 4, Dover, DE Corps., 401 Federal St., Dover, DE St., Dover, DE 19901. Purpose: Any of State, 401 Federal St., Dover, DE Purpose: all lawful purposes. 19901. Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. lawful purpose. 19901. Purpose: all lawful purposes.

October 14, 2013 | Crain’s New York Business | 27 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES Notice of Qualification of ESRT 1542 Notice of Qualification of RGN-NEW Notice of Qualification of QF Realty Notice of Qualification of Delos Notice of Qualification of ACA THIRD AVENUE, L.L.C. Authority filed YORK XLII, LLC. Authority filed with Services LLC. Authority filed with Investment Fund, LP. Authority filed Insurance Services, LLC. Authority with Secy. of State of NY (SSNY) on Secy. of State of NY (SSNY) on Secy. of State of NY (SSNY) on with NY Dept. of State on 9/25/13. filed with NY Dept. of State on 09/10/13. Office location: NY County. 08/27/13. Office location: NY County. 08/21/13. Office location: NY County. Office location: NY County. LP formed 8/28/13. Office location: NY County. LLC formed in Delaware (DE) on LLC formed in Delaware (DE) on LLC formed in Delaware (DE) on in DE on 8/27/13. NY Sec. of State Princ. bus. addr.: 2650 McCormick Dr., 09/05/13. Princ. office of LLC: One 08/12/13. Princ. office of LLC: 153058 08/16/13. Princ. office of LLC: 9 designated agent of LP upon whom #200S, Clearwater, FL 33759. LLC Grand Central Pl., 60 E. 42nd St., NY, Dallas Pkwy., Ste. 400, Addison, TX Murray St., Apt. 6NW, NY, NY 10007. process against it may be served and formed in DE on 6/19/13. NY Sec. of NY 10165. SSNY designated as 75001. SSNY designated as agent of SSNY designated as agent of LLC shall mail process to: c/o Akin Gump State designated agent of LLC upon agent of LLC upon whom process LLC upon whom process against it upon whom process against it may Strauss Hauer & Feld LLP, One Bryant whom process against it may be against it may be served. SSNY shall may be served. SSNY shall mail process be served. SSNY shall mail process Park, NY, NY 10036. DE address of served and shall mail process to: c/o mail process to c/o Corporation to c/o Corporation Service Co., 80 to c/o Qazi Fazal at the princ. office LP: c/o The Corporation Trust Co., National Registered Agents, Inc., 111 Service Co. (CSC), 80 State St., State St., Albany, NY 12207-2543. DE of the LLC. DE addr. of LLC: 2711 1209 Orange St., Wilmington, DE 8th Ave., NY, NY 10011, regd. agent Albany, NY 12207-2543. DE addr. of addr. of LLC: 2711 Centerville Rd., Centerville Rd., Ste. 400, Wilmington, 19801. Name/address of genl. ptr. upon whom process may be served. LLC: c/o CSC, 2711 Centerville Rd., Ste. 400, Wilmington, DE 19808. Cert. DE 19808. Arts. of Org. filed with DE available from NY Sec. of State. Cert. DE addr. of LLC: 160 Greentree Dr., Ste. 400, Wilmington, DE 19808. Arts. of Form. filed with DE Secy. of State, Secy. of State, Div. of Corps., 401 of LP filed with DE Sec. of State, Ste. 101, Dover, DE 19904. Cert. of of Org. filed with DE Secy. of State, Div. 401 Federal St., Ste. 4, Dover, DE Federal St., Ste. 4, Dover, DE 19901. Townsend Bldg., Dover, DE 19901. Form. filed with DE Sec. of State, of Corps., John G. Townsend Bldg., 19901. Purpose: Any lawful activity. Purpose: Any lawful activity. Purpose: all lawful purposes. 401 Federal St., Dover, DE 19901. 401 Federal St., Ste. 4, Dover, DE Notice of Formation of CONGREVE Purpose: all lawful purposes. NOTICE OF FORMATION OF LIMITED NOTICE OF FORMATION OF LIMITED 19901. Purpose: Any lawful activity. LLC. Arts. of Org. filed with Secy. of LIABILITY COMPANY. NAME: GOOZ LIABILITY COMPANY. NAME: WU 45 Notice of Qualification: Playback State of NY (SSNY) on 08/27/13. Notice of Qual. of 221 W29 Garage PARK, LLC. Articles of Organization E 25-37B LLC. Articles of Organization Innovations, LLC. Application of Office location: NY County. SSNY Holding LLC, Auth. filed Sec’y of were filed with the Secretary of State were filed with the Secretary of State Authority filed with SSNY on designated as agent of LLC upon State (SSNY) 7/11/13. Office loc.: NY of New York (SSNY) on 12/19/05. of New York (SSNY) on 08/29/13. 08/23/2013. Office location: New York whom process against it may be County. LLC org. in DE 7/10/13. Office location: New York County. Office location: New York County. SSNY County. LLC formed in California on served. SSNY shall mail process to SSNY desig. as agent of LLC upon SSNY has been designated as agent has been designated as agent of the 03/03/2008. Address to which SSNY G. Warren Whitaker, Day Pitney LLP, whom process against it may be of the LLC upon whom process LLC upon whom process against it may mail a copy of any process against 7 Times Square, NY, NY 10036-7311. served. SSNY shall mail copy of against it may be served. SSNY shall be served. SSNY shall mail a copy of LLC: 17785 Center Court Drive, Suite Purpose: Any lawful activity. proc. to NRAI, 111 Eighth Ave., NY, mail a copy of process to the LLC, c/o process to the LLC, c/o Katherine Wu, 600 Cerritos, CA 90703. Principal NY 10011, the Reg. Agt. upon whom Notice of Formation of Everett and Bryan W. Kishner, Esq., 89 Fifth Avenue, Esq., 200 West 67th Street, Unit 22D, business address of the LLC: 1379 proc. may be served.. DE off. addr.: Everett, PLLC. Arts of Org filed with Suite 802, New York, New York 10003. New York, New York 10023. Park Western Dr. Ste 363 San Pedro, 160 Greentree Dr., Ste. 101, Dover, the Secy of State of NY (SSNY) on Purpose: For any lawful purpose. Purpose: For any lawful purpose. CA 90732. Certificate of LLC filed with DE 19904. Cert. of Form. on file: Secy of State of CA located: 1500 7/3/13. Office location: NY County. NOT. OF FRMN of Hongdao LLC. SSDE, Townsend Bldg., Dover, DE Notice of Formation of BRP 439 11th Street, Sacramento, CA 95814. SSNY designated agent upon who Art. of Org. f w/ Secy of STA of NY 19901. Purp.: any lawful activities. process may be served and shall MONTAUK, LLC. Arts. of Org. filed (SSNY) 08/23/13. OFC LCTN: NY Notice of Formation of ANSE SALINE mail copy of process against LLC to with Secy. of State of NY (SSNY) on NOTICE OF FORMATION OF Cty. SSNY is DA upon whom PROC LLC. Arts. of Org. filed with Secy. of principal business address: 452 Fifth 9/30/13. Office location: NY County. Ruchelman P.L.L.C. Arts of Org filed AGA it may be served. SSNY shall State of NY (SSNY) on 08/22/13. Ave, 12th Floor, NY, NY 10018. SSNY designated as agent of LLC with Secy of State of NY (SSNY) on mail a CY: C/O Hongdao LLC - 1500 Office location: NY County. SSNY Purpose: any lawful act. upon whom process against it may 8/8/13. Office location: NY County. be served. SSNY shall mail process Broadway 22nd Fl, NY, NY 10036. designated as agent of LLC upon SSNY designated agent upon whom Notice of Formation of 199th Debt to: c/o BRP Companies, 767 Third The Prin. bus. add.:1500 Broadway, whom process against it may be served. process may be served and shall LLC, Art. of Org. filed Sec’y of State Avenue, 33rd Fl., NY, NY 10017. 22nd Fl, NY, NY 10036. PUR: any SSNY shall mail process to M. Nader mail copy of process against PLLC (SSNY) 7/12/13. Office location: NY Purpose: any lawful activity. lawful act or ACTY. Ahari, 524 Broadway, Ste. 405, NY, NY County. SSNY designated as agent 10012. Purpose: Any lawful activity. to principal business address: 150 E. Notice of Formation of Limited Liability of LLC upon whom process against Top Hill Development LLC, Arts of Org 58th St, 22nd Flr, NY, NY 10155. Company (LLC). Name: WILLIAM Notice of formation of Limited Liability it may be served. SSNY shall mail filed with SSNY on 08/27/13. Off Loc: Purpose: any lawful act. PORTNOY LLC. Articles of Company (“LLC”). Name: JEM copy of process to Bluestone Group, New York County, SSNY designated Organization filed by the Department Holdings, LLC. Articles of Organization Notice of Formation of 169 Spring 225 Broadway, 32nd Fl., NY, NY as agent of LLC upon whom process of State of New York on: 08/15/2002. filed with the Secretary of State of Partners LLC, Art. of Org. filed Sec’y of 10007. Purpose: any lawful activities. against it may be served. SSNY shall State (SSNY) 4/29/13. Office location: mail a copy of process to: The LLC, Office location: County of New York. the State of New York (“SSNY”) on NY County. SSNY designated as Notice of Formation of Cantillon & 566 7th Ave, Ste. 901, New York, NY Purpose: any and all lawful activities. 9/5/13. N.Y. office location: New agent of LLC upon whom process Mann LLC. Arts. of Org. filed with 10018. Purpose: to engage in any Secretary of State of New York York County. The SSNY has been against it may be served. SSNY shall Secy. of State of NY (SSNY) on lawful act. (SSNY) designated as agent of LLC designated as agent of the LLC mail copy of process to NRAI, 111 5/23/13. Office location: NY County. upon whom process against it may upon whom process against it may NOTICE OF FORMATION OF 888 Eighth Ave., NY, NY 10011. Purpose: SSNY designated as agent of LLC be served. SSNY shall mail a copy of be served. The SSNY shall mail a GIFTS LLC. Arts of Org filed with Secy any lawful activities. upon whom process against it may process to: 151 West 17th Street copy of any process to LLC, 472 be served. SSNY shall mail process of State of NY (SSNY) on 8/29/13. Unit 1G, New York, NY 10011. Broome Street, Number 3, New York, 1158 Second Avenue, LLC. Arts. of to: John L. McCormack, 181 E. 73rd Office location: NY County. SSNY NY 10013. Name/address of each NOTICE OF FORMATION OF AMBRIZ Org. filed with Secy. of State of NY St., Apt. 12C/D, NY, NY 10021. designated agent upon whom process member available from SSNY. AESTHETIC DESIGN LLC. Arts of Org (SSNY) on 08/23/13. Off. loc.: NY Purpose: any lawful activity. may be served and shall mail copy of Purpose: any lawful activity. Co. SSNY designated as agent of process against LLC to principal filed with Secy of State of NY (SSNY) LLC upon whom process may be WEBSTER BUILDING E MANAGERS business address: C/O TORKIAN on 9/11/13. Office location: NY County. NOTICE OF FORMATION OF HUB served. SSNY shall mail process to LLC, a domestic LLC, filed with the GROUP 1650 BROADWAY, Ste 910, NY, SSNY designated agent upon whom ENGINEERING, PLLC. Arts of Org 334 E. 94th Street, New York, NY SSNY on 9/17/13. Office location: NY 10019. Purpose: any lawful act. process may be served and shall filed with Secy of State of NY (SSNY) New York County. SSNY is designated mail copy of process against LLC to on 9/3/13. Office location: NY County. 10128. Purpose: General. Notice of Qual. of Roystone Capital as agent upon whom process principal business address: 320 W. SSNY designated agent upon whom Management LP, Auth. filed Sec’y of IT TAKES 2…YOGA, LLC, a domestic against the LLC may be served. 38TH ST., APT. 2327, NY, NY 10018. process may be served and shall mail State (SSNY) 2/19/13. Office loc.: NY LLC, filed with the SSNY on 9/6/13. SSNY shall mail process to: The Purpose: any lawful act. copy of process against PLLC to: County. LP org. in DE 11/16/12. SSNY Office location: New York County. SSNY LLC, 40 Fulton St., 21st Fl., NY, NY United States Corporation Agents, Inc., desig. as agent of LP upon whom Notice of Formation of CSC 135 EAST is designated as agent upon whom 10036. General Purposes. 7014 13th Ave, Ste 202, Brooklyn, NY process against it may be served. 57TH STREET LLC. Arts. of Org. filed process against the LLC may be served. 11228. Principal business address: Notice of Qual. of Roystone Capital SSNY shall mail copy of proc. to Att: with Secy. of State of NY (SSNY) on SSNY shall mail process to: Michele 244 5th Ave, Ste A118, NY, NY Partners LP, Auth. filed Sec’y of State Richard Barrera, 767 Third Ave., 6th 09/25/13. Office location: NY County. Vindigni, 3 Stuyvesant Oval, 10c, NY, 10001. Purpose: practice professional (SSNY) 2/19/13. Office loc.: NY Fl., NY, NY 10017. DE off. addr.: CSC, Princ. office of LLC: c/o Cohen NY 10009. General Purposes. engineering and any lawful act. County. LP org. in DE 11/16/12. SSNY 2711 Centerville Rd., Wilmington, DE Brothers Realty Corporation, 750 COMGROUP US HOLDING LLC, a desig. as agent of LP upon whom 19808. Cert. of LP on file: SSDE, Lexington Ave., 28th Fl., NY, NY 10022. Notice of Formation of 141 Dyckman domestic LLC, filed with the SSNY process against it may be served. Townsend Bldg., Dover, DE 19901. SSNY designated as agent of LLC Retail LLC, Art. of Org. filed Sec’y of on 8/16/13. Office location: New York SSNY shall mail copy of proc. to Att: Name/addr. of each gen. ptr. avail. at upon whom process against it may be State (SSNY) 6/11/13. Office location: County. SSNY is designated as agent Richard Barrera, 767 Third Ave., 6th SSNY. Purp.: any lawful activities. served. SSNY shall mail process to NY County. SSNY designated as upon whom process against the LLC Fl., NY, NY 10017. DE off. addr.: CSC, Charles S. Cohen at the princ. office of agent of LLC upon whom process NOTICE OF QUALIFICATION OF ATCO may be served. SSNY shall mail 2711 Centerville Rd., Wilmington, DE the LLC. Purpose: Any lawful activity. against it may be served. SSNY shall CITY CENTER SPONSOR EQUITY process to: Trief & Olk, 150 E. 58th St., 19808. Cert. of LP on file: SSDE, mail copy of process to 150 E. 58th FUND, L.P. Authority filed with Secy Notice of Qualification of DAVID 34th Fl., NY, NY 10155-0002. Townsend Bldg., Dover, DE 19901. St., 39th Fl., NY, NY 10155. Purpose: of State of NY (SSNY) on 7/12/13. YURMAN HOLDINGS LLC. Authority General Purposes. Name/addr. of each gen. ptr. avail. at any lawful activities. filed with Secy. of State of NY (SSNY) SSNY. Purp.: any lawful activities. Office location: NY County. LP formed JUPITECH LLC, a domestic LLC, in DE on 5/30/13. SSNY designated on 09/12/13. Office location: NY NOTICE OF QUALIFICATION of filed with the SSNY on 7/2/13. Office NOTICE OF FORMATION OF JBTMMS, as an agent upon whom process may County. LLC formed in Delaware (DE) Newmyer Contracting llc. Arts of Org location: New York County. SSNY is LLC. Arts of Org filed with Secy of be served and shall mail copy of on 02/17/12. SSNY designated as filed with Secy of State of NY (SSNY) designated as agent upon whom State of NY (SSNY) on 8/13/13. process against LP to: The Corp. Trust agent of LLC upon whom process on 9/6/13. Office location: NY County. process against the LLC may be Office location: NY County. SSNY Co. 1209 Orange St., Wilmington, DE against it may be served. SSNY shall LLC formed in CT on 1/28/05. SSNY served. SSNY shall mail process to: designated agent upon whom 19801. Cert of LP filed with Secy of mail process to c/o Corporation designated agent upon whom process The LLC, 708 Third Ave., #1610, NY, process may be served and shall State of DE located: Division of Service Co., 80 State St., Albany, NY may be served and shall mail copy of NY 10017. General Purposes. mail copy of process against LLC to: Corporations, P.O. Box 898, Dover, DE 12207-2543. DE addr. of LLC: 2711 process against LLC to principal 1186 Beechwood Court, Pittsburgh, business address: 32 Centre St., Notice of Qualification of J.P. 19903. Purpose: any lawful act. Centerville Rd., Ste. 400, Wilmington, DE PA 15206. Purpose: any lawful act. Mansfield Center, CT 06250. Cert. of MORGAN GLOBAL PRIVATE EQUITY Notice of Qualification of SUIT SUPPLY 19808. Arts. of Org. filed with Secy. LLC filed with Secy of State of CT: INSTITUTIONAL INVESTORS V LLC. Notice of Qualification of ESRT B.V. Authority filed with Secy. of State of State, 401 Federal St., Dover, DE 30 Trinity St., Hartford, CT. Purpose: Authority filed with Secy. of State of NY Cleaning TRS, L.L.C. Authority filed of NY (SSNY) on 08/27/13. Office 19901. Purpose: Any lawful activity. any lawful act. (SSNY) on 09/23/13. Office location: with Secy. of State of NY (SSNY) on location: NY County. LLC formed in NOTICE OF AUTHORIZATION OF NY County. LLC formed in Delaware 09/12/13. Office location: NY County. The Netherlands on 11/29/99. Princ. FOREIGN LLC. Name: Iguana Notice of Qualification of Hayden (DE) on 08/14/13. Princ. office of LLC: LLC formed in Delaware (DE) on office of LLC: 453 Broome St., NY, NY Healthcare Management, LLC. Date Asset IX, LLC. App. for Auth. filed 270 Park Ave., NY, NY 10017. SSNY 09/06/13. Princ. office of LLC: One 10013. SSNY designated as agent of of formation: 7/10/09. Date Authorized: with Secy. of State of NY (SSNY) on designated as agent of LLC upon Grand Central Pl., 60 E. 42nd St., NY, LLC upon whom process against it 7/25/13. Jurisdiction of Organization: 9/3/13. Office location: NY County. whom process against it may be NY 10165. SSNY designated as agent may be served. SSNY shall mail Delaware. Principal Office: 551 5th LLC formed in Delaware (DE) on served. SSNY shall mail process to of LLC upon whom process against process to the LLC at the princ. office Ave., Ste. 1120, NY, NY 10176. SSNY 3/20/13. SSNY designated as agent c/o Corporation Service Co. (CSC), it may be served. SSNY shall mail of the LLC. The Netherlands addr. of desig. agent of LLC upon whom of LLC upon whom process against 80 State St., Albany, NY 12207-2543. process to c/o Corporation Service LLC: Joop Geesinkweg 209, 1096AV process may be served. SSNY shall it may be served. SSNY shall mail DE addr. of LLC: c/o CSC, 2711 Co. (CSC), 80 State St., Albany, NY Amsterdam, The Netherlands. Arts. mail copy of process to: 551 5th Ave., process to: Capitol Services, Inc., Centerville Rd., Ste. 400, Wilmington, 12207-2543. DE addr. of LLC: c/o of Org. filed with The Netherlands Ste. 1120, NY, NY 10176. Registered 1218 Central Ave., Ste. 100, Albany, DE 19808. Arts. of Org. filed with CSC, 2711 Centerville Rd., Ste. 400, Chamber of Commerce Commercial Agent: Corporation Trust Co., 1209 NY 12205. DE address of LLC: 1675 Secy. of State of DE, Secy. of State Wilmington, DE 19808. Arts. of Org. Register Extract, Comeniusstraat 10, Orange St., Wilmington, DE 19801. South State St., Ste. B, Dover, DE Corporation Dept., Records Section, filed with DE Secy. of State, Div. of P.O. Box 68, 1800 AB Alkmaar, Officer in jurisdiction of formation 19901. Arts. of Org. filed with DE Townsend Bldg., Loockerman & Corps., John G. Townsend Bldg., Netherlands. Purpose: International where arts of org are filed: Delaware Secy. of State, 401 Federal St., Ste. Federal Sts., Dover, DE 19901. 401 Federal St., Ste. 4, Dover, DE fashion-design company; retailer of Sec. of State, 401 Federal St., Dover, DE 4, Dover, DE 19901. Purpose: any Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. high-end men’s clothing. 19901. Purpose: Any lawful purpose. lawful act or activity.

28 | Crain’s New York Business | October 14, 2013 FOR THE RECORD STATEMENT OF OWNERSHIP, MANAGEMENT AND CIRCULATION

(Required by 39 U.S.C. 3685) 1. Publication Title: Crain’s New York Business available for a deposit of $35, payable only by Ken Kronstadt of Newmark Grubb 2. Publication No.: 000-209 by company check or money order made Knight Frank. The landlord, the Neuss 3. Filing Date: 9-27-13 ABOUT THIS SECTION 4. Issue Frequency: Weekly except double issues the out to the department, and can be family of Argentina, was represented by weeks of July 4th, July 29, Aug. 12, Labor Day FOR THE RECORD is a weekly listing of information from the public record that downloaded at www.nyc.gov/buildnyc. Paul Walker of CBRE Group Inc. The and Christmas. can help businesspeople in the New York area find opportunities, potential An optional prebid walk-through will asking rent was $38 per square foot. 5. No. of Issues Published Annually: 47 take place Oct. 23 at 10 a.m. at the 6. Annual Subscription Price: $99.95 new clients and updates on competitors. 7. Complete Mailing Address of Known Office of Chatham Square Branch Library, 33 East ● Appboy signed a five-year lease for Publication: 711 Third Avenue, New York, NY 10017- To ask questions or get more information on this section, contact Crain’s Broadway.To make inquiries, contact Ben 6,500 square feet at 263 W. 38th St. The 4036, New York County 8. Complete Mailing Address of Headquarters or research department at [email protected]. Perrone at (718) 391-2200. mobile platform will take the entire 16th General Business Office of Publisher: 711 Third Avenue, floor. The tenant was represented by New York, NY 10017-4036 ● Housing Authority 9. Full Names and Complete Mailing Addresses of Daniel Lolai of Murray Hill Properties. Publisher, Editor, and Managing Editor: Publisher, Jill Seeks competitive sealed bids by 10:30 The landlord, the Handler Real Estate Kaplan, Crain Communications, Inc. 711 Third NEW IN TOWN a.m. on Oct. 23 for temporary boilers for Organization, was represented in-house Avenue, New York, NY 10017-4036; Editor, Glenn ● Coleman, Crain Communications, Inc. 711 Third 75 E. 125th oil to natural-gas conversion at various by Scott Galin and Peter Newman. The Avenue, New York, NY 10017-4036; Managing Editor, Companies that would like to have details 3145 Coney Island Ave., Brooklyn developments throughout Queens. Bid asking rent was undisclosed. NONE of openings published should submit Filed for Chapter 11 bankruptcy documents are available at the department 10. Owner (if owned by a corporation, its name and address must be stated and also immediately thereafter descriptions following this format to protection on Sept. 23. The filing cites for a $25 fee, payable only by certified RETAIL the names and addresses of stockholders owning or [email protected], with estimated liabilities of $10,000,001 to check or money order made out to ● Blink Fitness signed a lease for 16,000 holding 1 percent or more of total amount of stock. If 3780 Nostrand Ave. not owned by a corporation, the names and addresses “New in Town” in the subject line. $50 million and estimated assets of NYCHA.They can also be obtained by square feet at in of the individual owners must be given. If owned by a $1,000,001 to $10 million. The creditors registering with iSupplier and Brooklyn. The gym was represented by partnership or other unincorporated firm, its name ● Beast of Bourbon with the largest unsecured claims are downloading documents.To obtain copies Ezra Saff of Retail Zone. The landlord, and address, as well as that of each individual must be given. If the publication is published by a nonprofit 710 Myrtle Ave., Brooklyn Gary Barnett, owed $1,645,008; Surge of the bid or to make inquiries, contact the LeFrak Organization, was organization, its name and address must be stated.) The restaurant, bar and venue opened in Partners Ltd., owed $1,604,692.39; and Latrena Johnson at (212) 306-3223 or represented by Mike Stone of Cushman (Item must be completed.): Crain Communications Inc. Bedford-Stuyvesant. It serves barbecue & Wakefield.The asking rent was 1155 Gratiot Avenue, Detroit, MI 48207-2997; K. E. Samuels Temple Church of God In [email protected]. Crain, 1155 Gratiot Avenue, Detroit, MI 48207-2997. and hot dogs, and offers 42 tap beers as Christ, owed $1,500,000. undisclosed. R. E. Crain, 711 Third Avenue, New York, NY 10017- well as a variety of whiskeys. ● The Trust for Governors Island 4036; ● Cogi ● 11. Known bondholders, mortgagees and other Seeks competitive sealed bids by 3 p.m. Kara Ross signed a long-term lease for security holders owning or holding 1 percent or more ● Brick + Mortar 425 Madison Ave., Manhattan on Oct. 28 for the Federal Highway 600 square feet at 655 Madison Ave. The of total amount of bonds, mortgages or other securi- 240 Kent Ave., Brooklyn Filed for Chapter 11 bankruptcy Administration-funded Battery women’s handbag and accessories ties: None. 12. For completion by nonprofit organizations The home-goods store opened in protection on Sept. 23. The filing cites Maritime Building Slip 6 lift bridge retailer will open its flagship location on authorized to mail at special rates. The purpose, func- Williamsburg. The design shop stocks estimated liabilities of $1,000,001 to rehabilitation. Bid documents are the ground floor of the building. The tion, and nonprofit status of this organization and the exempt status for Federal income tax purposes (Check designer and boutique-brand $10 million and estimated assets of available for a nonrefundable $50 fee, tenant was represented by Laura one). housewares. $1,000,001 to $10 million. The creditors payable only by certified check or money Pomerantz of Pomerantz Real Estate. ❏ Has Not Changed During Preceding 12 months with the largest unsecured claims are order made out to the Trust for The landlord, Plaza Associates, was ❏ ● Kaufman & Co. Has Changed During Preceding 12 months. Collier Halpern Newberg Nolett, owed Governors Island, and can be picked up represented by Michael T.Cohen and (If changed, publisher must submit explanation of 733 Third Ave., Manhattan $40,156.52; Bottini Fuel, owed at the Battery Maritime Building, 10 Andrew H. Roos of Colliers change with this statement) The trial and litigation law firm opened $20,637.09; and Fried Frank, owed South St., Slip 7, between 10 a.m. and 4 International. The asking rent was $800 13. Publication Name: Crain’s New York Business 14. Issue Date for Circulation Data Below: in midtown east. It is the first New York $17,004.46. p.m., Monday to Friday.To request per square foot. September 30, 2013 location for the Cleveland-based copies of the bid, email gibids@gov 15. No. ● Lipman Archetypes Holding Copies of practice. island.nyc.gov.To make inquiries, contact Average No. Single 408 W. 14th St., Manhattan Claire Kelly at (212) 440-2230 or STOCK TRANSACTIONS Copies Issue ● Studio Vendome Filed for Chapter 7 bankruptcy ckelly@govisland .nyc.gov. Each Issue Published Extent and During Nearest to 330 Spring St. and 30 Grand St., protection on Sept. 24. The filing cites Following are recent insider transactions at Nature of Preceding Filing Manhattan estimated liabilities of $0 to $50,000 and GOODS AND SERVICES New York’s largest publicly held companies Circulation 12 Months Date The art studios opened in the West estimated assets of $1,000,001 to $10 ● Department of Design and Construction filed with the Securities and Exchange A. Total No. Copies (Net Press Run) 48,883 47,930 Village and SoHo. They are the first million. Seeks competitive sealed bids by 11 a.m. Commission by executives and major B. (1) Paid/ New York City locations for the on Oct. 24 for the reconstruction of shareholders. Listings are in order of Requested ● Quaker Hills Outside-County company. collapsed or otherwise defective storm, transaction value.The information was Mail Subscriptions 425 Madison Ave., Manhattan sanitary or combined clay-pipe sewers in obtained from Thomson Reuters. Stated on Filed for Chapter 11 bankruptcy Queens. A copy of the bid is available Form 3541. ● (Include COMPANY MOVES protection on Sept. 23. The filing cites for a deposit of $35, payable only by Regeneron Pharmaceuticals Inc. advertisers estimated liabilities of $1,000,001 to company check or money order made (REGN) proof and exchange copies 11,706 10,890 Companies that would like to have details $10 million and estimated assets of out to the department, and can be P.Roy Vagelos, M.D., chairman, (2) Paid In-County of recent moves published should submit $1,000,001 to $10 million. The downloaded at www.nyc.gov/buildnyc. exercised options on 312,500 shares of Subscriptions descriptions following this format to creditors with the largest unsecured To make inquiries, contact Ben Perrone common stock at $13.00 on Sept. 18, in (Include advertiser’s [email protected], with claims are Weg and Meyers, owed at (718) 391-2200. a transaction worth $4,062,500. On proof and “Company Moves” in the subject line. $148,736.17, and Liberta Bros. Inc., Sept. 19, he sold 145,356 shares of exchange copies) 13,178 12,278 owed $18,418. ● Department of Parks and Recreation common stock at prices ranging from (3) Sales Through ● Dealers and Alexander McQueen Seeks competitive sealed bids by $300.34 to $310.18, in a transaction Carriers, Street 747 Madison Ave., Manhattan ● Star Designated 3 p.m. on Nov. 12 for the operation of worth $44,022,360. He now directly Vendors, Counter Sales, and Other The couture fashion label relocated its 48 Wall St., Manhattan tennis professional concessions. Bid holds 432,093 shares. Non-USPS Paid flagship store to the Upper East Side. It Filed for Chapter 11 bankruptcy documents can be downloaded at Distribution 258 241 had previously been headquartered in protection on Sept. 24. The filing cites www.nyc.gov/parks/business Leonard S. Schleifer, M.D., president (4) Other Classes Mailed Through the meatpacking district. estimated liabilities of $1,000,001 to opportunities or obtained in hard copy and chief executive, exercised options on the USPS 0 0 $10 million and estimated assets of at the department, 830 Fifth Ave., 218,389 shares of common stock at C. Total Paid and/or ● Berl’s Brooklyn Poetry Shop $1,000,001 to $10 million. Room 407. To make inquiries, contact $9.49 on Sept. 18, in a transaction worth Requested Circulation 126A Front St., Brooklyn Lauren Standke at (212) 360-3495 or $2,072,512. On Sept. 19, he sold [Sum of 15b. (1), The store opened in Dumbo. It is the [email protected]. 102,949 shares of common stock at (2), (3), and (4)] 25,142 23,409 D. Free or Nominal Rate Distribution: first brick-and-mortar location for the GOVERNMENT CONTRACT prices ranging from $300.33 to $310.14, (by mail and outside mail) regular Brooklyn Flea vendor. OPPORTUNITIES in a transaction worth $31,159,182. He (1) Free or Nominal Rate REAL ESTATE DEALS now directly holds 47,705 shares. Outside-County Copies ● included on PS Friedman’s Lunch Following are selected contract Form 3541 20,417 22,618 132 W. 31st St., Manhattan opportunities recently announced by New Companies that would like to have details William D. Roberts, M.D., vice (2) Free or Nominal Rate In-County Copies The classic American restaurant opened York City agencies. To learn how to sell of their recent transactions appear in these president of regulatory development and included on PS in Penn Station. It is the second location goods and services to city government, listings should email descriptions following medical safety, exercised options on Form 3541 1,241 0 for the eatery, which also has a shop in visit www.nyc.gov/selltonyc. For a this format to NDholakia @crains 15,000 shares of common stock at (3) Free or Nominal Rate Copies Mailed at Other Chelsea Market. searchable database of current procurement newyork.com, with “Real estate $16.80 on Sept. 18, in a transaction Classes Through the USPS notices, visit www.nyc.gov/cityrecord. transaction” in the subject line, or enter worth $252,000. On Sept. 19, he sold (e.g. First-Class Mail) 00 ● Patagonia Listings are alphabetical by category and them online at crainsnewyork.com/ 15,000 shares of common stock at (4) Free or Nominal Rate Distribution Outside the 313 Bowery, Manhattan department. submitadeal. Deals are listed in order of $304.00, in a transaction worth Mail (Carriers or Other The outdoor-gear retailer opened its square footage. $4,560,000. He now directly holds Means) 184 201 CONSTRUCTION SERVICES E. Total Free first East Coast surf shop in the East 53,879 shares. Distribution ● Village. It is the fourth New York City Brooklyn Bridge Park Corp. COMMERCIAL (Sum of 15d (1),(2),(3), location for the chain. Seeks competitive sealed bids by 3 p.m. ● Cornell University signed a 10-year ● Tower Group International Ltd. (TWGP) & (4)) 21,842 22,819 F. Total Distribution on Nov. 18 for the long-term leasing, lease for 9,400 square feet at 230 Park Michael H. Lee, chairman, president (Sum of 15c and development and operation of a first- Ave. The university currently subleases and chief executive, sold 1,233,461 15e) 46,984 46,228 BANKRUPTCIES class marina on a site adjacent to Pier 5 at the 15th-floor space. The tenant was shares of common stock at prices G. Copies not distributed 1,899 1,701 Brooklyn Bridge Park.To make inquiries represented by Gere Ricker of MB ranging from $9.99 to $11.16 on Sept. H. Total (Sum of The following listings are selected from or to obtain bid documents, contact Realty.The landlord, Monday 18, in a transaction worth $12,589,285. 15f, and g 48,883 47,930 I. Percent Paid the most recent available filings by Teresa Gonzalez at (718) 724-6432 or Properties, was represented in-house by He now directly holds 2,297,930 shares. and/or Requested companies seeking bankruptcy protection [email protected]. Jordan Berger. The asking rent was $65 Circulation in the Southern and Eastern Districts of per square foot. ● SL Green Realty Corp. (SLG) (15c / 15f x 100) 53.51% 50.64% ● 16. This Statement of Ownership will be printed in New York. Information was obtained Department of Design and Construction Andrew W. Mathias, president, sold the 10-14-13 issue of this publication. from U.S. Bankruptcy Court records Seeks competitive sealed bids by 2 p.m. on ● NedGraphics signed a lease for 6,500 75,000 shares of common stock at 17. I certify that the statements made by me above 20 W. 37th St. are correct and complete. available on Public Access to Court Nov. 6 for fire-alarm and closed-circuit square feet at The $93.07 on Sept. 19, in a transaction Jill Kaplan Electronic Records. Listings are in TV system upgrades at six Manhattan software developer will take the entire worth $6,980,250. He now directly Publisher alphabetical order. branch libraries. A copy of the bid is fourth floor. The tenant was represented holds 299,026 shares. Ⅲ

October 14, 2013 | Crain’s New York Business | 29 20131014-NEWS--0030-NAT-CCI-CN_-- 10/11/2013 7:38 PM Page 1

BILL DE BLASIO’S TOP BUNDLERS Pension pal comes up big for Bill These donors have gathered the most cash for the front-runner in the mayor’s race: Managing partner, Grant & Eisenhofer Continued from Page 1 Jay Eisenhofer hofer’s firm said he has been a sup- Mr. Eisenhofer’s firm was deemed Manhattan $84,725 funds in such cases are made by the porter of Mr. de Blasio since the eligible to represent the city in class- President, Taxi Club Inc. Evgeny Freidman mayor’s Law Department and the Democrat’s 2009 public-advocate action pension-fund lawsuits.Some- Manhattan $49,450 city comptroller. Mr. Eisenhofer has bid, and that the two had struck up times,as in a 2007 shareholder action Executive director, Metro Taxi Board of Trade Jean Barrett raised $15,000 for Scott Stringer,the a friendship when Mr. de Blasio against Apple, the firm conceived of Sunnyside, Queens $49,000 all-but-certain next comptroller. later appeared at a firm conference. cases on its own. Anthony Bonomo CEO, Physicians’ Reciprocal Insurers Mr.Eisenhofer,managing direc- Grant & Eisenhofer employees In 2012, Grant & Eisenhofer Manhasset, NY $44,550 tor at Grant & Eisenhofer, has have given heavily to candidates na- submitted a proposal to the city, and Paul Gagliardi Manager, Flair Beverages raised nearly $85,000 for Mr. de tionwide, but only three politicians that fall was selected as one of the Bronx $34,300 Attorney, Kessler Topaz Meltzer & Check Blasio and gave $50,000 to in the past 15 years got more than firms eligible for city pension-fund Darren Check JAY NYCLASS,a nonprofit that ran ad- state Comptroller Thomas Di- class-action work through 2017.The n/a $31,850 EISENHOFER: Principal, Park Strategies vertisements against his erstwhile Napoli, the sole trustee of the $164 Law Department picks a firm from Joel Giambra His law firm primary rival, City Council Speaker billion state pension fund, according the pool to represent the pension Tonawanda, NY $28,350 specializes in President, Hazen and Sawyer representing Christine Quinn. to InfluenceExplorer.com.Others in funds in a particular shareholder ac- Charles Hocking pension funds in Holmdel, NJ $22,550 the city’s pool of seven class-action tion. A spokeswoman for the agency lucrative Donations are ‘big deal’ law firms have given to 2013 mayoral said the process is not political. Richard Emery Attorney, Emery Celli Brinckerhoff & Aba shareholder Some watchdog groups say law and comptroller candidates this year Manhattan $21,000 lawsuits against Managing partner, Abrams Fensterman firms’campaign contributions play a as well,though not nearly as much as Selected in secret Howard Fensterman big businesses. $20,400 big role in who is ultimately picked Grant & Eisenhofer lawyers have. “When the Law Department Sands Point, NY for pension-fund cases. The firm’s spokesman said its determines,in consultation with the Source: New York City Campaign Finance Board “Campaign donations to these donations were motivated by shared comptroller’s office, that the pen- elected officials are a big deal across liberal ideology. “It’s being simpati- sion funds should take an active role In 2012,Mr.Eisenhofer was for- in expenses. Litigation-pool firms the country,” said Edward Siedle, a co with their candidacy, not expect- in securities litigation, it solicits bidden from donating more than are not paid by the city, but out of former Securities and Exchange ing a quid pro quo,” he said. proposals for representation from $400 to a mayoral candidate by a law settlements and awards won at trial. Commission attorney who writes Mr.de Blasio has a long record of the securities-litigation-pool law enacted to stop people who do busi- “The fact that lead counsel has about pension funds for Forbes.com. supporting activist pension-fund firms,”the spokeswoman explained. ness with the city from buying influ- demonstrated a willingness and abil- “With every public fund, you have management. As public advocate, “The Law Department then selects ence. But he had already given the ity to prosecute complex cases ... en- multiple firms trying to bring cases. he attempted to organize funds a firm based upon the firms’fee pro- maximum $4,950 to Mr. de Blasio couraged [the] defendants to [set- The firms that are often picked are across the country in opposition to posals, expertise and familiarity two years earlier, records show. Mr. tle],”the firm argued for its payment. those that are making substantial corporate spending in elections,and with the type of case at issue, and/or Eisenhofer does not recall the gift, That settlement was relatively campaign contributions.” singled out companies such as Wal- existing involvement in the case.” his spokesman said. small. Labaton Sucharow collected Pay-to-play scandals have Mart and Target. “That’s definitely But the process was not transpar- However, the law provides a $46 million in fees and $8 million in rocked New York politics in recent consistent with the mantra of Grant ent, said the former executive direc- loophole for campaign bundling. expenses in a 2010 city pension- years, most notably sending former & Eisenhofer,” its spokesman said. tor of the city’s main pension fund, Grant & Eisenhofer’s role in the fund settlement with subprime- city and state Comptroller Alan The firm, founded in 1997 and the New York City Employee Re- Apple suit drew attention at the mortgage lender Countrywide. Hevesi to prison in a case involving with more than 70 attorneys in sever- tirement System. “It was all done time. Apple stock had risen 600% Mr. Murphy, the former pension fund managers. However, al cities, was named one of the top 10 behind closed doors,” said John over two years, a boon for the city’s NYCERS executive director, said some studies have found no causal plaintiff ’s firms in the country by the Murphy,who was forced out in 2005 pension funds.But the law firm sued the firm’s work in a potential de Bla- relationship between campaign National Law Journal.It boasts secur- and became a NYCERS critic. “It’s over stock-option backdating. sio administration was worth contributions and legal appoint- ing $12 billion for shareholders in the definitely driven by law firms trying In 2010, Apple agreed to pay watching.“There are firms that have ments nationwide. Mr. de Blasio’s past five years and being unique in to round up some sort of plaintiff for $16.5 million to settle the case. Mr. close relationships to key people,”he campaign declined to comment. shunning corporate clients. their cases.And then it’s a race to see Eisenhofer earned $845 an hour and said.“It’s very informal—very much A spokesman for Mr. Eisen- From 2006 through early 2012, if you can become the lead plaintiff.” the firm $1.5 million,plus $350,000 an old boys’ network.” Ⅲ

30 | Crain’s New York Business | October 14, 2013 million this year—or about 5% of the marathon’s overall budget of $20 A marathon effort to rebuild million—in response to the Boston Marathon bombing. Continued from Page 1 is parting ways with its title sponsor NYRR also is inaugurating title But Ms. Wittenberg played officers should be deployed to pro- for the past decade, Dutch financial sponsorship for each borough’s down the club’s finances, emphasiz- tect damaged homes from looters services firm ING, and has inked a main running event starting in ing instead its long-range plans to rather than directing traffic for much larger, eight-year deal with 2014, turning first to its other cate- increase its impact beyond the 26.2- runners. Tata Consulting Services, a global gory sponsors—there are 10—as mile race. “We believed that the marathon information technology conglom- those contracts expire, Ms. Witten- That five-borough strategy could help the city,be a positive lift,” erate based in India. Starting next berg said. kicked off Oct. 13 on Staten Island Ms. Wittenberg said in a recent in- year, the race will be called the TCS with the Staten Island Half, which terview. “Obviously that was not New York City Marathon. Money for programs this year was dedicated to Sandy vic- what the city really needed. We all Ms. Wittenberg declined to dis- Increasing the club’s sponsorship tims and had a bigger footprint, in- sure wish [we] got to that point close financial details, but said the revenue will help it keep race entry cluding a festival with food, music earlier.” deal will provide year-round sup- fees down and expand its communi- and family-friendly events. The ty outreach.It also will help close the proceeds, including a minimum Changing perceptions

$4 million gap on its balance sheet guarantee of $100,000, will be newscom A year later, NYRR is eager to ‘Sandy changed incurred from costs related to last turned over to charities helping present a different image to New a lot. It focused year’s cancellation. Staten Island residents who are still York, to dispel a perception that it NYRR took a hit when it offered coping with the storm’s aftermath. Businesses was more concerned about its pre- runners the option to refund their mier event—the largest and most us on what it’s entry fees—$216 to $255 (for non- Much more than a marathon prestigious marathon in the members). About half of the 47,000 The expansion is a result of a brace for world—than the city that makes it all about’ runners opted to do so.The rest de- meeting that Ms. Wittenberg re- possible. cided to use the fees to hold their quested shortly after the race was “Sandy changed a lot. It hyper- places for this year’s race or for a fu- canceled with the borough president, U.S. default focused us on what it’s all about for ture race through 2015. In doing so, who had been an outspoken critic. us, which is supporting our neigh- they accepted paying an additional “It’s the first time she came to my Continued from Page 6 borhoods,” Ms. Wittenberg said. port for NYRR’s events, from half fee to participate in the race. While office,” said Mr. Molinaro in a re- the rates banks pay for overnight At the same time, the organiza- marathons in the outer boroughs to NYRR was insured for the cancella- cent interview. “There are homes loans. Trying to figure out ahead of tion is embarking on a new era, de- educational programs. By contrast, tion of the event, its policy did not that will need rebuilding five years time which particular companies fined in part by the Boston ING was more focused on the annu- cover the refunds, nor did it cover from now. Up to 13,000 homes had would be most damaged by a default Marathon bombing in the spring, al marathon. the $1 million that NYRR donated massive damage, so we discussed is virtually impossible, said Chief which will require a much greater For its part, TCS—which has to Sandy victims. what [NYRR] could do to help.” Investment Officer S. Mackintosh investment in security. It is also ex- been the technology sponsor for sev- The organization,which had fis- The gesture was meant to heal Pulsifer, adding he was confident a ecuting a new business approach in- eral years—is eager “to increase its cal 2012 revenue of $59.3 million, wounds. Ms. Wittenberg described deal to avert disaster would be volving greater contributions from exposure in the U.S.,” said the firm’s was forced to dip into its reserves. her meeting with Mr. Molinaro as reached. And if it isn’t, “then we corporate sponsors to help defray chief executive, Natarajan Chan- “We were financially stable and tearful on her part, and said that the would have to huddle,raise cash and increasing costs as well as to help it drasekaran, a marathon runner who set up to do this,” Ms. Wittenberg Half was intended to be “much more get very defensive,” he said. become a stronger presence in the participated in the 2009 New York said.Nevertheless,the deficit will be than just a marathon.” Ⅲ Finance professionals were busy entire city year-round—not just on race. He added that promoting felt for the next several years. talking clients back from the brink. the first Sunday in November. health and fitness will be a big part In addition, NYRR’s security LISTEN to a discussion at Ian Yankwitt, president of Tortoise In its biggest shift, the nonprofit of how it builds awareness here. costs will rise by $500,000, to $1 CrainsNewYork.com/podcasts Investment Management in White Plains, N.Y., said he is getting calls “all the time” from clients—mainly Austin,Texas,also declined to coop- fenders, not the tenant or condo or partners in New York law firms— The AG vs. Airbnb erate. HomeAway co-founder Carl co-op owner who rents out his apart- about how they should adjust their Shepherd said he told the attorney ment when he goes on vacation. portfolios in anticipation of a de- general’s office the client informa- It’s true that the law is hard to fault. He said he’s advising his most Continued from Page 1 old global company’s largest market, tion was private and never heard back follow, users say. “The law is pretty anxious customers to sell securities Tom Cayler, head of the West Side with 225,000 users living here. from Mr. Schneiderman’s troops. nuanced and obscure,” said one that he thinks would lose the most Neighborhood Alliance’s Illegal But in other ways, its do-good Airbnb last week filed a petition Brooklyn artist who has been rent- value, such as junk bonds. Hotel Committee. “Airbnb is mov- intentions have not been an easy sell to quash the subpoena, arguing that ing out part of his loft through the But he also told them that their ing the chairs for us.” in the city, where housing laws are it was a broadly defined fishing ex- service for the past couple of years. options were limited.“The truth is,” Their cause, which is shared by complicated and the stakes high for pedition that would be onerous to He gave his name as Dan,preferring Mr.Yankwitt said,“if we go over the the hotel industry and some state rent-regulated apartments in prime comply with and not justified by ev- to stay anonymous because the cliff, nothing you do will be legislators, got a big lift recently locations. idence of illegal activity on the part crackdown has made him nervous. enough.” when state Attorney General Eric Apart from being illegal, oppo- of its hosts. The company’s lawyers “There are a lot of different things I If contemplating financial apoc- Schneiderman served Airbnb a sub- nents of Airbnb say, short-term are also using the occasion to attack could be doing wrong.” alypse weren’t already plenty to cope poena for client information as part rentals take valuable housing stock off the state’s hotel-tax and occupancy He said Airbnb allows him to with, some New Yorkers face the in- of a crackdown on illegal hotels in the market,bring in a constant flow of laws—the ones Airbnb is most of- survive in an increasingly expensive convenient fact that this week taxes the city.Airbnb is fighting the inves- strangers and create a dangerous or at ten in conflict with—calling them borough—without disturbing his are due for anyone who requested a tigation and lobbying vigorously to least unpleasant environment for oth- “unconstitutionally vague.” neighbors. His loft has its own en- six-month extension on filing their loosen the legal restrictions on how er tenants in the building. Separately, Airbnb acknowl- trance to the street,so nobody else is return in April. The piper must be people rent out their homes. Not all building owners see com- edges that its service is being aware he has guests.“Being an artist paid by Tuesday,and though most of Mr. Cayler has long been part of mon ground with their old enemies, abused—but insists the offenders is an unstable way to make a living,” the government shut down earlier a working group targeting illegal but some are surely as trou- constitute a minority. he said. “It’s nice to have that extra this month, the IRS remains very hotels that includes housing advo- bled by Airbnb abuses as Company officials say they money on the side.” much open for business. cates and organizers, and elected tenant advocates are. 15K would like to work with the “The government needs tax rev- officials such as state Sen. Liz “Airbnb has achieved NY-AREA HOSTS city to weed out the “bad In clear defiance of law enue to prevent a default,” said Tim who have rented Krueger and Assemblyman Richard what everyone thought was out their homes actors” and ensure that Critics of Airbnb maintain that a Larson, partner-in-charge for tax Gottfried. To them, Airbnb—with impossible,” said Patrick and apartments their hosts pay hotel far larger portion than 13% of the and business services at the New its enormous online marketplace for Siconolfi,executive director to visitors through occupancy taxes, when company’s 15,000 New York-area York office of accounting firm Mar- rentals—is the chief culprit in en- of the Community Hous- Airbnb appropriate. hosts operate in clear defiance of the cum. “I tell people, ‘Sorry, you need abling people to rent out entire ing Improvement Program, “Some people don’t law. And it’s the increasing frustra- to pay your taxes,but refunds are go- apartments on a regular basis. which represents some 2,500 apart- know—or don’t want to know—the tion with the violators that is lead- ing to be slow or halted.’ ” Ms. Krueger and Mr. Gottfried ment building owners in New York facts about the Airbnb community,” ing traditional opponents to think As for Mr. Shanley of Victoria authored a law in 2010 that made City. “Building owners and tenants a spokesman said. “Here are the they might share common ground. Fine Foods, he said he told the 180 short-term rentals in residential now share a common concern.” facts: 87% of Airbnb hosts rent out “As the problem expands, [the employees at his tomato-sauce com- properties illegal.Tenants could rent the home in which they live, and illegal-hotel] working group mem- pany not to spend their time worry- a room for less than 30 days as long Subpoena seeking client data more than half say Airbnb has bers have been contacted by repre- ing about default. as they remained in their residence. The recent subpoena of three helped them stay in their home.” sentatives of landlord organizations “I’m not panicking that my sales San Francisco-based Airbnb years’ worth of Airbnb’s client data Technically, some of that 87% and housing attorneys on behalf of will plummet,” he said. “But I think bills itself as a private solution to a is considered another effort to make may be in breach of the law, but au- buildings and co-op and condo about default and what it would public problem: helping offset the headway against the company’s thorities have said their main con- [boards],” said a spokesman for Ms. mean. How do you ignore some- high cost of housing by enabling abusers: Only Airbnb was subpoe- cerns are with the most egregious of- Krueger. “We might be a little sur- thing like that?” Ⅲ people to make a little extra cash on naed after refusing to comply, prised to discover we’re on the same nightly rentals. Not surprisingly, though at least one other short-term LISTEN to a discussion at side, but we are all realizing we are LISTEN to a discussion at New York has become the five-year- rental company, HomeAway Inc. of CrainsNewYork.com/podcasts dealing with the same problems.” Ⅲ CrainsNewYork.com/podcasts

October 14, 2013 | Crain’s New York Business | 31 20131014-NEWS--0032-NAT-CCI-CN_-- 10/11/2013 5:48 PM Page 1

Provident joins crowded market De Blasio plan

Continued from Page 3 Kopnisky, a former head of retail hiring veterans from places like Key, Continued from Page 3 Hancock, a Democrat, called his Bancorp of Short Hills, N.J.; Peo- banking at KeyCorp, describes as HSBC and Citigroup. He expand- er prices for market-rate apartments city’s mandatory affordable- ple’s United Bank of Bridgeport, “the sweet spot”of the industry.The ed into wealth management servic- and lower profits for developers. housing ordinance “a failure … Conn.; and BankUnited of Miami fund bid for several institutions af- es and last year took a baby step into Case in point: Under Boston’s plagued with loopholes and incon- Lakes,Fla.,have all set up shop here ter the financial crisis, including New York by acquiring the one- program, developers of a $300 mil- sistencies.” Only 15 affordable units in the past few years. They’re a big ING’s online banking business, ac- branch Gotham Bank for $40.5 lion Mandarin Oriental had to set were added to Denver’s housing reason why the number of bank cording to a person familiar with the million in cash from the heirs of aside 10 of its 50 rental units for fam- stock in four years, a problem Mr. branches in the five boroughs has matter, but Capital One captured founder Laurence Marchini, a gar- ilies earning $68,000 to $102,000 a Hancock hopes to rectify by offer- increased 3%, to 1,763, in the past that prize. ment industry financier who died in year.While rents for the market-rate ing developers more incentives and five years, according to federal data, In addition to Sterling,Mr.Kop- 1984. In a sign that takeovers were apartments ranged from $6,000 to allowing owners more flexibility in even amid all the pain and cost- nisky approached Provident about very much part of the new regime’s $13,000 a month, the affordable selling or renting their property. cutting suffered throughout the making a deal but was turned away. game plan, Mr. Kopnisky then ones listed for $1,200 to $2,100. California’s inclusionary zoning banking industry. The SJB fund expired in September named a Credit Suisse mergers- That cost the owner up to $1.3 mil- programs are among the oldest in the Indeed, some analysts say, the 2011, and investors were returned and-acquisitions banker as his chief lion a year—and led to questions nation. Still, both San Jose’s and San city is getting close to being overrun their money, minus expenses. financial officer. about the usefulness of the program. Francisco’s are regularly criticized for with eager commercial-loan offi- Even though Provident officials allowing families earning as much as cers. Not only are the new kids on didn’t want to get bought by Mr. Personal redemption ‘Well-founded fears’ 120% of the area median income to the block competing with JPMor- For Mr. Kopnisky, Provident of- “You could build a lot more af- snag affordable housing. In the Bay gan Chase ($2.4 trillion in assets) fers not only the opportunity to fordable if you didn’t put it some- Area, developers are allowed to build and Bank of America ($2.1 trillion), Some bank build a business in New York, but where like the Mandarin Oriental, affordable units off-site, rather than but also midsize players like TD also a redemption of sorts. He left where you have higher finishing in the same building as the market- Bank ($800 billion), New York analysts wonder commercial banking in 2005 to be- costs and higher land costs,” said rate apartments. But some of those Community Bancorp ($44 billion) come CEO of First Marblehead Gregory Vasil, CEO of the Greater units suffer from shoddy construc- and Signature Bank ($20 billion). if NYC is close Corp., which packaged student Boston Real Estate Board, adding tion, a recent report found, which “Provident is entering a new loans made by banks like JPMorgan that a similar program in the Big lends credibility to programs requir- market, and they’ll be making new to being overrun Chase into securities and sold them. Apple would also raise concerns. “I ing market-rate and below-market- kinds of loans apart from real estate, Although revenue doubled during think the fears of developers in New rate units to share buildings. where they’ve long had their expert- with eager the first three years of his tenure at York are well founded.” ise,”said Matthew Kelley,an analyst First Marblehead, business crashed Still, Boston’s program created Making flexibility work at Sterne Agee & Leach. “That is a commercial when the securitization markets more affordable housing as con- The most successful affordable- risk for them.” froze up.He stepped aside in August struction was booming but most in- housing programs are generally the loan officers 2008. Earlier that year, Mr. Kop- comes were stagnant or declining. most flexible, said Vicki Been, di- ‘Sweet spot’ nisky requested a 25% salary cut as Boston requires developers to make rector of NYU’s Furman Center for Not surprisingly, Mr. Kopnisky the company’s fortunes sank, ac- 15% of units affordable or pay at Real Estate and Urban Policy. But is sure his 33-branch bank will cording to a regulatory filing. least $200,000 per unit to finance designing flexibility remains an in- emerge from the scrum as one of the “First Marblehead had the best such housing elsewhere in the city. exact science. big winners. In Sterling, he is ac- Kopnisky and his partners, they marketing I’ve ever seen and focused Barry Bluestone, director of “Does it matter more that it’s 20 quiring a 13-branch bank founded liked the idea of him running the on doing only a few things very Northeastern University’s Center years’ affordability versus perma- in 1929 and which carved out a prof- place. After the CEO who oversaw well,” he recalled. “Banks struggle for Urban and Regional nent affordability? Or itable niche, specializing in such the bank for 25 years retired in 2011, when they try to be all things to Policy, said that while does it matter more that services as factoring, in which small directors hired Mr. Kopnisky to everyone, and that’s not what Prov- Boston’s inclusionary 15 you allow off-site units or businesses sell their receivables in build the bank, which was founded ident is about.” zoning has produced NUMBER of on-site units?” she said. advance.Many suitors over the years in 1888 and owned by Hudson After the Sterling merger is plenty of affordable hous- affordable units “We don’t know.What we added to approached Sterling’s 82-year-old Valley depositors until a 1999 pub- completed, Mr. Kopnisky will face ing, it hasn’t solved the Denver’s housing can say is that flexibility CEO, Louis Cappelli, before he fi- lic offering. the gritty task of integrating the two city’s inequality issue—a stock in four years seems to matter.” nally said yes to Provident. Over the years,Provident had ac- companies. Up to seven branches scenario that may play out The de Blasio cam- One of those interested parties quired several banks in its region, will be closed, and although there in New York if Mr.de Bla- paign points to an Associ- was Mr. Kopnisky, who until two and in the process seated new board are savings to be had from lower ad- sio is elected. 15% ation for Neighborhood years ago was helping manage a $1.1 members who were keen to get the ministrative and professional fees, a “I think it will lead to PORTION of Housing and Develop- units Boston billion investment pool with Steve bank into the big leagues. healthy slug of the combined bank’s somewhat less [hous- developers are ment report as the best Ross, Jeff Blau and Bruce Beal—re- “I can’t say enough good things 1,000 employees presumably will ing],” Mr. Bluestone said. required to make representation of what to spectively, the chairman, CEO and about Jack,” said Thomas Kahn, a have to be shown the door in order “And I think that’s a prob- affordable expect if the Democrat president of real estate giant Relat- Provident director and Manhattan- to fulfill his promise to investors of lem, because both our wins. The nonprofit as- ed Cos. based money manager. “I think we taking out 18% of the expense base. cities are growing. We’re getting a serts that although Mayor Michael The fund, SJB Escrow, aimed to really have a professional group run- As anyone who has relocated to lot of young people coming in.” Bloomberg rezoned more than 40% buy a bank with between $2 billion ning things.” New York knows, moving to the big Four years into its mandatory in- of the city, less than 2% of the and $20 billion in assets, which Mr. Mr. Kopnisky wasted little time city has its costs. Ⅲ clusionary zoning program, Wash- 160,000 market-rate apartments ington,D.C.,is still struggling to get built citywide during the past 12 its new affordable-housing units years were affordable. sold and occupied.The first unit sold The nonprofit favors requiring ON THE WAY UP this past July,but the city was recent- developers in medium-density Ann Inc. rebounds ly sued by the developer of two oth- neighborhoods to set aside 20% of Ann Inc.’s stock price: er unsold units. The city’s program units as affordable while doing requires developers of large new res- without city subsidies.Instead of tax Continued from Page 4 much color—corals and blues— $40 idential buildings to offer 8% to 10% breaks, the new program would of- tivity.In addition, its tailored cloth- the label this fall has limited its of units at below-market rates. fer such incentives as “expedited $33.93 ing is riding a newfound wave of hues to neutral shades of gray, navy Advocates complain that Wash- processing, fee deferrals or possible popularity: Market research firm and maroon to meet consumer ington lacks a “recapture”model like density bonuses.” On-site exemp- NPD recently reported that sales of tastes. San Jose, which allows owners to tions and in-lieu payments would women’s suits separates were up It’s also introducing a special 35 pay back the initial city subsidy provide flexibility. 14% between January and July, holiday gifting option in which when a property is sold while pock- Housing advocates, who say compared with the year-earlier pe- shoppers can assemble their own eting the profit. Also, units created New York’s optional incentives riod. Ann Taylor also just inked a pouches of jewelry and accessories under the D.C. program can be have not produced many affordable long-term deal with Vince Camuto, for a personalized touch. 30 resold only to buyers in the same in- units, dismiss the real estate indus- and Ms. Krill said the shoe line is “It’s going to be a nice bonus for come category as the owner, which try’s prediction of suppressed de- selling well. them,” said Ms. Duval. “They had limits their resale value. velopment and higher housing “It’s been really casual in the jewelry in stores last year [for the hol- $30.20 “It’s a very onerous program for costs. “The idea that a modest bal- workplace for a while, but now the idays] but not a full table like this.” the low-income buyer,” said George ance between private and public in- trend is switching back to tailored Ms. Krill is also depending on 25 Rothman, president and CEO of terests would cause real estate de- 4/10/13 10/7/13 and suiting looks,” said Susan Canadian shoppers for the holidays. Manna, a Washington-based af- velopers to flee is absurd,” said Anderson, a retail analyst at FBR The company recently opened two Source: Yahoo Finance fordable-housing nonprofit. “And ANHD Executive Director Ben- Capital Markets & Co. “That’s Loft stores and one Ann Taylor it’s onerous for the builder because jamin Dulchin. helping them.” store in the Greater Toronto mar- store chain there. of the restrictions.” But as cities from Boston to the Though Loft,the less expensive ket. It plans to have 10 stores in the “Because Canada is less promo- Inclusionary zoning has come Bay Area have discovered,achieving brand, suffered some fashion mis- country by the end of the year, and tional, it’s a higher-margin business under attack in other cities as well. that balance is not as simple as it steps last year by incorporating too eventually expects to become a 75- for them,” said Ms. Anderson. Ⅲ In August, Denver Mayor Michael sounds. Ⅲ

32 | Crain’s New York Business | October 14, 2013 HELLUVA TOWN INSIDE Source Lunch An NFL heir bets on Barclays joins casinos PAGE 34 the big boys Out and About The Barclays Center may not Intrepid Museum looks be home to a championship team—yet. But the Brooklyn at the stars PAGE 35 arena can claim one title after just a year in business: For the first nine months of 2013, it sold more tickets— 831,728—than any other arena in the country, and ranked second in the world, after the O2 in London, according to Pollstar, which tracks only entertainment ticketing, not sports. Some of that strong showing was the result of Madison Square Garden’s having been out of commission for several months while undergoing renovations (it sold 234,741 tickets). In 2010, before the renovations began, the Garden was No. 1 in the U.S., according to an MSG spokeswoman. But the Brooklyn venue has nonetheless joined the big leagues of arenas. “Those numbers will shift once the Garden is in full operation,” said sports business consultant Marc Ganis, who added that the Staples Center in Los Angeles is also a top contender. “Now Barclays is in that discussion.” Barclays’ management plans to keep the arena at the forefront of that discussion, as it rolls out enhancements for its second year. Apart from investing in new Nets Paul Pierce HANDS-ON APPROACH: players like and The governor made Kevin Garnett, Barclays has appearances at food added three retail stores, festivals across the including high-end sweets state this past summer. shop the Sugar Factory and a second store for Brooklyn Nets merchandise. In addition, nearly 20 new Brooklyn-based culinary offerings—among them, glatt kosher deli dishes from David’s Restaurant, Greek food Eater in chief from Avlee and baked goods from Mazzola Bakery—will be added to the more than 30 Through Taste NY, Gov. Andrew Cuomo puts some teeth the post-standard currently served at concession / stands and food carts. into promotion of state’s food and wine producers College basketball is getting a boost, too.There will be 40 dick blume games, up from 34 last year. And Barclays is hoping to land BY LISA FICKENSCHER the next Floyd Mayweather boxing match, in May. “In year one, we laid a im Trezise thought someone was playing a prank on him when he answered his foundation,” said Brett Yormark, cellphone this summer and the caller introduced himself as Andrew Cuomo. ¶ “I said, chief executive of the center ‘Yeah, right,’ ” recalled Mr. Trezise, president of the New York Wine & Grape and the Nets. “The question Foundation. ¶ But to his great surprise, it really was the governor, who wanted to is, can we raise the bar [every year], and that’s the goal.” help promote the foundation’s annual Governor’s Cup competition, which involves —matthew flamm nearly 1,000 state wines. Despite its name, the 28-year-old gala event had hosted a sitting governor only twice before. ¶ Not only did Mr. Cuomo present the award, a $4B SIZE of New York state’s silver chalice, but he also brought 200 retail buyers and members of the press up agriculture industry from New York City for a tour of vineyards in the Finger Lakes region. His goal was to encourage more city shops and restaurants to sell New York state wines. ¶ “He Jarrived at noon, went to the wineries with a caravan of four buses and stayed for dinner,” said Mr.Trezise. “This was a first for us.” ¶ Mr. Cuomo is digging into his role 36,000 NUMBER of farms as foodie in chief with gusto, taking a hands-on approach to lifting New York’s agricultural in the state

businesses, from winemaking to dairy, and making the effort a signature See FOODIE on Page 34 Source: NYS Dept. of Agriculture and Markets buck ennis

October 14, 2013 | Crain’s New York Business | 33 SOURCE LUNCH: TIM ROONEY JR.

New York’s foodie in chief sean hamrock by Lisa Fickenscher Continued from Page 33 New York assets is an important “It will give us a lot of exposure,” economic-development issue for his way to grow the economy by in- said Helen Thomas, executive di- administration. The goal is to help creasing tourism and supporting rector of the New York State Maple New York’s 36,000 farms, which oc- our state’s own small businesses,” Producers Association, a trade cupy one-quarter of the state’s land, Mr. Cuomo said in a statement. group representing the $35 million Football heir bets find new customers—especially in Taste NY grew out of the gover- industry. “You can’t get better than the city—and create jobs. As part of nor’s summits on yogurt and talking directly to the people who his strategy, Mr. Cuomo this year beer/spirits/wine last year. There want to try your product.” on casino gambling earmarked $2 million for an aggres- are no specific benchmark goals— Scott Osborn, president of Fox sive marketing campaign,Taste NY, at least not yet—for how many jobs Run Vineyards in Penn Yan, N.Y., in conjunction with the $60 million might result from the initiative, added, “The governor has given us im Rooney Jr. was born one, and we will be working very I Love NY tourism initiative. said Patrick Hooker, deputy secre- an opportunity to interact with the into a football dynasty, hard over the next five years to make Promoting agriculture doesn’t tary for agriculture and markets, gatekeepers,the restaurants and re- but these days he rarely sure that we are well positioned to hurt politically, either: Mr. Cuomo who is helping to coordinate the tailers in New York City, to help gets to see the Pitts- compete for one as well. approaches re-election next year, Taste NY program. But there is them realize that our wines are way burgh Steelers,the team and many upstate voters do not more than most people expect.” This grandfather, Art Rooney, found- Has the uncertainty put you in limbo? agree with his support for marriage A major goal for local producers ed in 1933. As the general counsel A little bit. But at the same time we equality and stricter gun laws. But ‘We don’t want is getting a foothold in the city’s and chief operating officer of food know that at least for the next five the governor has backed some food- mega-venues, such as Madison and beverage at Empire City Casino years this is what we have. We have friendly legislation that could sway it to feel like a Square Garden, and major food at Yonkers Raceway—the harness- a little more certainty than we’ve them. He supported a tax credit for distributors and retailers, such as racing track his family bought in had in the past. At least we know local beer brewers and signed a law government Baldor and FreshDirect. 1972—he is particularly focused on what the legislation is now. I think in 2012 that allows breweries to sell Behind the scenes, state officials a November referendum asking vot- the referendum is probably going to their beer by the glass in tasting program’ are also beefing up a database of all ers to legalize full-scale gambling in pass. rooms, as long as most of the ingre- the farms in New York to help big New York.The amendment could be dients they use come from New food distributors and retailers source a boon if Empire City is among the What do you want Albany legislators to York farms. And he signed a bill last more of their products locally. seven casinos awarded a license (the know about your business? month allowing wine to be sold at “There has always been a database, first four of the licenses will be There is a perception that we are just farm stands, though he has steered plenty of room to grow the $4 bil- but there have not been the resources awarded to upstate casinos over the minting money. We started with clear of allowing supermarkets to lion agriculture industry, he said. to update it and build on it,”said Mr. next five years). $280 million in debt and now have sell wine, legislation that has been “We have a tremendous reserve Hooker. “That’s going to be part of Mr. Rooney, 48, joined the oper- $315 million in debt.We had a tough opposed for years by liquor stores. capacity to produce food in this the business-to-business effort.” ation seven years ago, when his fa- start when we opened in 2006. The state,” Mr. Hooker added. ther, Tim, added the casino to the next year we were in default of our fi- Crisscrossing the state While Mr. Cuomo is eager to ‘Hard sell’ racetrack. He commutes from the nancing because our business didn’t During the summer, Mr. put his seal of approval on New A recent Oktoberfest Taste NY Upper West Side. ramp up as quickly as we thought it Cuomo—whose girlfriend,Sandra York’s products,he doesn’t want the event at Brooklyn Brewery brought Empire City just com- would. We paid back $20 Lee, is a famous foodie and TV effort to smack of an institutional representatives from MSG, Bar- pleted a $50 million reno- WHERE million with refinancing, star—crisscrossed the state from approach, said his chief of staff, clays Center, and the Yankees and vation, adding two ambi- and we just reduced our in- Buffalo to the Hamptons, making Joshua Vlasto. “We don’t want it to Mets together with 25 craft brew- tious restaurants and a THEY terest costs by half. appearances at food festivals, the feel like a typical government pro- eries from as far north as Syracuse. lounge: Dan Rooney’s DINED PGA golf championship and the gram, but to make it dynamic, As a result of the meet-up, one Sports Pub; Pinch, which Is harness racing profitable? state fair,where Taste NY tents fea- cool—to show that we can be high- of the venues agreed to offer a local offers 100 New York craft DAN ROONEY’S We lose an estimated turing cheese, wine, beer, maple beer on tap, while another said it beers; and Alley 810, fea- SPORTS PUB $30,000 per race because end,” Mr. Vlasto said. 810 Yonkers Ave. syrup and yogurt, among other To that end,Mr.Cuomo is host- would host a New York wine and turing two bowling lanes. Yonkers, N.Y. of labor costs, and we are local products, were stationed. ing a Taste NY brunch on Oct. 19 beer day,according Mr.Vlasto,who (914) 457-2531 required to have about Soon, the initiative will include at the prestigious, celebrity-chef- declined to identify the venues. Was the renovation a www.danrooneys 250 races a year. Ideally, dedicated retail stores at major trans- driven New York City Wine & “The point of these events is for response to the opening of cafeandbar.com we would reduce the portation hubs in the city, including Food Festival, where diners will the state to act as a facilitator,to build Resorts World Casino at AMBIENCE: number of races. Our core Aqueduct Raceway? Irish sports pub Grand Central Terminal and fork over $150 to break bread with these relationships,”Mr.Vlasto said. named after the business is the casino, and LaGuardia Airport (see sidebar). the governor at Pier 61. Nearly 25 But upgrading New York wines’ We took a 15% hit last Steelers owner. there is very little “Highlighting these made-in- local vendors will be participating. place at the table will take more than year, which, frankly, we WHAT THEY ATE: crossover between racing a few introductions, experts say. were expecting. We Deviled eggs, and the casino. It’s virtu- “It’s a hard sell to get any wines haven’t recovered the full potato poppers ally all male at the race- into New York City,” said Kevin 15%, but we are up about Fish & chips, track and at least 60% fe- TASTE NY’S GRAND PLAN Faehndrich,owner of Upstate Wine 5% this year. The restau- iced tea, coffee male at the casino. TASTE NY Co.,a three-year-old distributor that rants are something we Turkey club, will soon be expanding from festivals, where vendors give away iced tea, espresso free samples, to stores in prime locations, such as Grand Central Terminal. sells New York vintages exclusively. feel we needed to do, irre- Was it difficult divesting from TOTAL: $67.85, the Steelers? Slated to open in the coming months, a Taste NY shop will join the A recent Taste NY event at the spective of Resorts World. Eventi Hotel in Chelsea illustrated including tip It happened two years ago scores of fashionable, high-end retailers at Grand Central, replacing the Has getting the word out Papyrus stationery store near track 15, according Joshua Vlasto, chief of the challenge.The shindig featured as the NFL became in- a number of award-winning local been difficult? creasingly uncomfortable about the staff for Gov. Andrew Cuomo. The Metropolitan Transportation Authority will wines, such as those from Dr. Kon- I’ll be out to dinner with friends of casino. The divestiture came at a be issuing a request for proposals seeking an operator for the store. stantin Frank Wine Cellars,yet the friends who will ask me what I do, time when my uncle Dan was trying “People want to buy New York products, but you need to find a way to property’s general manager and its and they are like, “What, there is a to acquire full control of the team, so get it to them,” said Mr. Vlasto. “We think this can be a profitable director of catering had never heard casino out in Yonkers?” We have his family could preserve the asset opportunity.” of any of them. Even worse, the probably spent about $60 million in within the family. At one time, my In fact, Taste NY stores will be popping up at Penn Station, and at hotel does not list a single New the past seven years promoting the generation—there are 31 of us— LaGuardia and JFK airports. The details are being hammered out, York wine on its menus. That may property. Getting people’s attention owned it. When I was 15, I had a 2% including who will operate the stores—though at the airports, OTG change, said General Manager in this market is tough. stake. But it has always been my Management is handling the arrangements. Taste NY stores are planned for Robert Andrews, who noted he grandfather’s team. Delta Air Lines’ Terminal 2 at JFK and at US Airways terminal at LaGuardia. was open to adding some. How do you feel about the referendum? Taste NY is already helping local producers make inroads at these Mr. Faehndrich said negative We are ambivalent about the refer- Are there family fights with your sister transportation hubs. A few weeks ago, the bar carts at Grand Central attitudes about New York wines are endum because if we don’t get a li- Kathleen, who is married to New York and Penn Station that sell wine, beer and soda to commuters began beginning to change. He, for one, cense, we aren’t going to be able to Giants owner Chris Mara? offering local beers and wines. The MTA asked its distributor to supply has 175 accounts in the city,includ- compete. I think it’s probably in- My sister has a harder time because the kiosks with New York products, such as Lake Placid Ale. ing Gramercy Tavern. evitable that Resorts World will get her kids are Rooneys and Maras. “It’s not just Sutter Home anymore,” the ubiquitous California-made The governor has set his sights wine, said Patrick Hooker, deputy secretary of agriculture and markets, who high: “We want to elevate the wine is helping to coordinate Taste NY. industry here to California’s level,” WHO KNEW? As a teenager, Mr. Rooney Rest stops along the New York State Thruway are also part of the said Mr. Vlasto, “and to surpass worked for the Steelers during preseason and governor’s retail strategy. The New Baltimore service area boasts a Taste NY them. We think we’re better.” space that sells cheese, jams and maple syrup, among other items. had the task of telling players who were about LISTEN to a discussion at —LISA FICKENSCHER CrainsNewYork.com/podcasts to be released to see the personnel director.

34 | Crain’s New York Business | October 14, 2013 OUT AND SNAPS Friends of Hudson River Park raises record amount ABOUT by Ali Elkin and Theresa Agovino

CULTURE FIX CAREER BUILDER THURSDAY, OCTOBER 17 TUESDAY, OCTOBER 15 The 92nd Street Y is New companies can mingle at the presenting a series of talks Village Pourhouse for the STARTUP with French Legion of SYNERGY MIXER, where there will be Honor and Order of drink specials and networking Arts and Letters opportunities. The event runs from awards recipients. 7 p.m. to 10 p.m. The bar is located Included in the at 63 Third Ave., on the corner of series is East 11th Street. Registration is CONVERSATIONS WITH free and available at CHEVALIERS: DANIEL www.startupsynergytwo- BOULUD AND BUDD zvents.eventbrite.com. For $25, lungevity foundation MISHKIN. The talk will focus on Mr. Boulud’s attendees can register to become GENO GERMANO and VERNON JORDAN at the career and development as a chef and how he sponsors and will have an julienne schaer and philip greenberg LUNGevity Foundation gala on Oct. 3, which learned to create French dishes with opportunity to plug their MICHAEL E. NOVOGRATZ, DENIS LEARY, MADELYN WILS, GREGORY BOROFF and SCOTT M. raised more than $800,000 for lung cancer American ingredients. The event is at 8:15 companies during the event. LAWIN at the Friends of the Hudson River Park gala on Oct 3. It raised $2.7 million for the park. research. p.m. at the Y, 1395 Lexington Ave. Tickets cost $29, or $36 for earlier access to seating, WEDNESDAY, OCTOBER 16 and are available at www.92y.org/event/ The American Association of conversations-with-chevaliers.aspx. Advertising Agencies will host the 4A’S DATA SUMMIT, featuring a SATURDAY, OCTOBER 19 keynote address from popular Symphony Space will present AN EVENING statistician and blogger Nate Silver. WITH DAR WILLIAMS. The singer-songwriter The event will begin with a speech is known for her folk-influenced style. from Martin Sorrell, founder and Some of her popular songs include “It’s CEO of WPP.The all-day summit Alright,” “The Beauty of the Rain” and will be at Florence Gould Hall, 55 “Echoes.” The opening act is trio The E. 59th St. Registration costs $485 Rebecca West.The show starts at 8 p.m. for members and $695 for Tickets are $47 and are available at nonmembers, and is available www.symphonyspace.org. Symphony Space online at www.datasummit is at 2537 Broadway. .aaaa.org. shannon sturgis shannon DR. CLARE BRADLEY and Related Cos. President JEFF BRODSKY at an American DON’T MISS ASTRONOMY NIGHT Cancer Society of New York and New Jersey buck ennis SATURDAY, OCTOBER 19 reception last month that recognized Related for YVETTE CAMPBELL, ED HENRY, ALAIR TOWNSEND, KAREN BROOKS HOPKINS and CLAUDIA being the first national developer to implement a WAGNER at an Oct. 7 Crain’s panel discussion about how to keep arts on the forefront of the The Intrepid Museum will host local smoke-free policy in its buildings. next mayoral administration’s agenda. stargazers at ASTRONOMY NIGHT ON PIER 86. Astronomers will be present with high- powered telescopes so that guests can get a See more of this week’s Snaps online at CrainsNewYork.com/galleries. closer look at the night sky. Registration requires a special RSVP to educationevents @intrepidmuseum.org. The event runs from 7 p.m. to 10 p.m. Pier 86 is on the Hudson River at West 46th Street. Museum admission is $31 for adults.

OPENING FUNDRAISERS SATURDAY, OCTOBER 19 MONDAY, OCTOBER 14 GLEN BAXTER, a British illustrator This year’s ASIA INITIATIVES GALA will REAL ESTATE CONFERENCE often featured in The New Yorker, will raise funds for water-related causes in show his work at the Flowers Gallery. South Asia. The evening will feature His comical Indian classical dance, South Asian RESHAPING NEW YORK 2013 illustrations music and a live auction. Gala tickets poke fun at are $250, while those that include a Crain’s New York Business will explore how the real estate market is preparing for the long haul as the high cul- special VIP reception are $500. For economic recovery continues to evolve and new leadership enters City Hall. The conference will explore ture with guests under 25, tickets are $100. The growth and opportunities for investors, developers and landlords and the affordability of New York. witty and event runs from 6:30 p.m. to 10 p.m. absurd cap- For more information, visit www.asia tions. The intiatives.eventbrite.com. gallery, at PANEL DISCUSSIONS: 529 W. THURSDAY, OCTOBER 17 > Tech Tenants Tell All > Plenary Session: Money is Power 20th St., is NYU Langone Medical Center will Howard Lerman, Yext Kevin Davis, Taconic Investment Partners open Tues- host the NYU CANCER INSTITUTE GALA at Michael Rubenstein, AppNexus William Macklowe, William Macklowe Company day the Plaza Hotel at 768 Fifth Ave. The Kevin P. Ryan, MongoDB and Business Insider Alan Wiener, Wells Fargo through event will begin with cocktails at 6 Saturday from 10 a.m. to 6 p.m. The p.m.; dinner will begin an hour later. > Reinventing Midtown show runs through Saturday, Nov. 9. Individual tickets start at $1,000, and Tommy Craig, Hines REGISTER TODAY: For information, visit www.flowers- tables of 10 start at $10,000. For more L. Jay Cross, Related Hudson Yards, Related Companies crainsnewyork.com/events-realestate2013 Michael Phillips, JAMESTOWN Properties galleries .com/exhibitions/flow- information, visit www.onlinegiving William L. Zeckendorf, Zeckendorf Development, LLC ers/2013/glen-baxter. .nyumc.org/node/42113. COST TO ATTEND: THURSDAY, NOVEMBER 7, 2013 $250 individual tickets. Essex House New York MARK YOUR CALENDAR… $2,500 for table(s) of 10. Networking Breakfast – 8:00am - 8:30am You must be pre-registered to attend this event. WEDNESDAY, NOVEMBER 6, THROUGH SUNDAY, NOVEMBER 10 No refunds permitted. Program – 8:30am - 12:00pm AS PART OF THE NEXT WAVE FESTIVAL, the Brooklyn Academy of Music Harvey Theater, at 651 Fulton St., presents Henrik Ibsen’s AN ENEMY OF THE PEOPLE. Florian For more information, call Alexis Sinclair at 212-210-0739 or [email protected] Borchmeyer’s German adaptation of the Norwegian play will be presented with English subtitles and will tell the story of a scientist who tries to expose contamination in a Supporting Partner: small town’s water supply, only to face backlash from spa tourism stakeholders. This staging includes contemporary music and other updates. Tickets start at For sponsorship information, call Lauren Black at 212-210-0736 or [email protected] $25 and are available at www.bam.org/theater/2013/an-enemy-of-the-people.

October 14, 2013 | Crain’s New York Business | 35 Fly to Milan in a new fashion ,UQV`T\S[PJV\YZLNV\YTL[TLHSZHUK\W[VJOHUULSZVMLU[LY[HPUTLU[ H[L]LY`ZLH[6YZPTWS`JSVZL[OLKVVYZ[V`V\Y7YP]H[L:\P[LHUKYLSH_PU `V\YV^UX\PL[ZWHJL-S`,TPYH[LZ®UVUZ[VWKHPS`MYVT1-2[V4PSHU :H`OLSSV[VHYYP]PUNPUZ[`SLH[0[HS`»ZOPNOMHZOPVUO\I

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