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REPORT HEALTH CARE IN THE END Insurers and doctors bow to patients’ wills P. 13 DEATH PANELS Once, they existed P. 14 ® HOSPICES The price is right P. 16

INSIDE VOL. XXV, NO. 42 WWW.CRAINSNEWYORK.COM OCTOBER 19-25, 2009 PRICE: $3.00 TOP STORIES Banks’ Time Warner chief gets a little love WAITING FOR credit from Wall Street PAGE 3 shock: Retailers trade up, LEBRON Part II grabbing stores of fallen rivals Knicks’ hopes of luring Biz lending tumbles PAGE 2 star in 2010 cast tall as commercial loans Goldman Sachs sour at alarming clip arm aims to do shadow over 2009 good--and to do BY AARON ELSTEIN well--in cities BY DANIEL MASSEY at last, banking’s long subprime- PAGE 5 mortgage nightmare is coming to the knicks season opener is less than two an end. But by no means are J.P. weeks away,but the clock ticking on one fan Web Morgan Chase, Citigroup, Bank of site is not marking the days,hours,minutes and America and a host of smaller fi- seconds until coach Mike D’Antoni & Co.’s nancial players out of the woods yet. BUSINESS LIVES Oct. 28 showdown against the Miami Heat. The next wave of real estate-re- No, it’s counting down to July 1, 2010: lated losses is beginning to gather the day Cleveland Cavaliers supernova Le- strength—and threatens to un- Bron James could become a free agent. leash even more damage. Com- Next to the digital clock that welcomes mercial real estate loans are sinking visitors to Countdown2LeBron.com is a at an alarming pace as office-va- doctored image of Mr. James sporting a cancy rates rise, Knicks jersey, and beneath it a quote while prolonged from him that reads, “July 1, 2010, is unemployment is going to be a very, very big day.” forcing more and $8T CURRENT VALUE That date is seared into the minds more “prime” con- of commercial of many Knicks fans, who dream sumers to fall be- and prime GOTHAM GIGS that King James will sweep into hind on their residential Nights at the museum town and reverse the fortunes of home mortgages. mortgages for exhibition pro P. 29 a once-proud basketball fran- The billions of G ANNE FISHER tells chise that has failed to win a losses that banks face aren’t as execs how to prepare for playoff game since 2001. threatening to their viability as the the recovery P. 29 And the date is clearly on the subprime losses were, since this minds of Knicks management. wave of troubled loans can be rec- G MOVERS & SHAKERS During the off-season, team ognized over many years;subprime Movie star Ed Norton President Donnie Walsh penny- mortgages,which were often pack- runs for his money P. 30 See KNICKS on Page 12 See BANKS on Page 28

G GAEL GREENE savors getty images Sfoglia’s pasta dishes P. 31 City’s film business in a cliff-hanger? INDEX , NEW YORK TKTKTKTKTTKTKTK ______X ______6 REAL ESTATE DEALS PLUS Bigger fees, smaller incentives threaten boom TKTKTKTKTTKTKTK ______X ______7 THE INSIDER TKTKTKTKTTKTKTK ______X ______8 The film industry, which has enjoyed SMALL BUSINESS BY MIRIAM KREININ SOUCCAR TKTKTKTKTTKTKTK ______X ______9 record growth since the state started its tax in- EDITORIAL centive plan five years ago, is being hit with a TKTKTKTKTTKTKTK ______X_ _ _10 CLASSIFIEDS at least seven feature films, including number of new obstacles that could wreck the TKTKTKTKTTKTKTK ______X_ _ _25 Sex and the City 2 and Wall Street 2,and 16 tel- business and send longtime hits like Law & TKTKTKTKTTKTKTKHOT JOBS ______29 ______X evision shows are shooting in New York right Order packing to cheaper locales. EXECUTIVE MOVES ______29 TKTKTKTKTTKTKTK ______X now. But the city’s lucrative production busi- The latest shock to the industry is a plan THE WEEK AHEAD TKTKTKTKTTKTKTK ______X_ _ _31 ness could soon end up on the cutting room by the city to charge the largest fees in the na- floor. tion for filming in its buildings. The Mayor’s film office is also drawing up plans to charge for its famous free permits. Even more trou- 42

5 bling,the city’s tax incentive program is out of money and in the process of being scaled back, and the state is in negotiations over whether to renew its tax incentives. The

quadruple whammy is pushing the produc- getty images ELECTRONIC EDITION tion industry into its most precarious time CUT: A crowd scene from CSI New York, filmed on city streets in NEWSPAPER See FILM BIZ on Page 28 2007, a banner year for the industry here. 71486 01068 0 20091019-NEWS--0002,0003-NAT-CCI-CN_-- 10/16/2009 8:01 PM Page 1

IN BRIEF Growing retailers seize CAFÉ DES ARTISTES, THE ROMANTIC 92-YEAR- OLD EATERY THAT FILED FOR BANKRUPTCY IN September, may soon be reopening under new owners. A number of investors and recession-made chances restaurateurs are interested in reviving the restaurant on West 67th Street. According to the building manager, Gerard Picaso, “there is abeth St., just weeks after previous tenant interest in opening it again as the café, or as a Cadeau Maternity went bust.The location different restaurant.”The decision may hinge is triple the size of Terra Plana’s old one,and on the union representing those who worked at the asking rent was $100 a square foot— the eatery. If the restaurant is replicated, Local half the going rate in the area a year ago. 100 Unite HERE may have certain rights A range of retailers, from small outfits under labor law to retain its contract with the like Terra Plana to national players such as restaurant’s new operators, according to Mr. teen clothier Aéropostale Inc., are seizing Picaso.The union “will hamper our ability to the opportunities created by the recession reopen it as Café des Artistes,” he says. to trade up to bigger and better storefronts all across . With the borough’s MORE THAN HALF OF CHARITIES ARE retail vacancy rates above 10% for the third EXPERIENCING A DOWNTURN IN quarter and rents at multiyear lows—down contributions so far this year versus the same as much as 50% in some areas—strong period in 2008, according to the Association of stores are jumping into larger sites with Fundraising Professionals. A recent poll of 665 better foot traffic that their weaker nonprofits found that 51% have seen a drop in brethren have abandoned. donations this year, while 27% said they are on “Rather than renewing,some tenants are par with last year’s levels. A minority, 22%, trading up to larger spaces as there are more reported raising more.There is still time to make available and as their business has changed up the losses: Most charities receive the bulk of and grown,” says Robin Abrams, executive their contributions—in many cases, as much as vice president at The Lansco Corp. half—in the last three months of the year. A SHOE-IN: Terra Plana’s U.S. retail Proceed with caution MANHATTAN’S AVERAGE WEEKLY WAGE FELL director, Sabra Ellingson, had her while there are many attractive deals to 23.4% IN THE FIRST QUARTER OF 2009, TO eye on a larger be had,even growing stores remain cautious $2,149—the largest year-over-year decrease for space for months about expanding. Most are upgrading their any county in the country, a new U.S. Bureau of before it opened up. space only when their current leases expire Labor Statistics report says. Manhattan’s drop- or are within a year or two of doing so. off, largely attributed to lower Wall Street bonus “People aren’t taking a lease they just payments, drove the U.S. average weekly wage signed and saying, ‘Oh, let me get a better down by 2.5% in the period.That’s the biggest lease,’ ” says David LaPierre, a senior vice annual decline since 1978, when quarterly data president at CB Richard Ellis. first became comparable on an annual basis. One of those in expansion mode is Excluding Manhattan, the national wage Aéropostale, a retailer that’s thriving in decrease would have been 1.3%.  these bad times. karjean levinekarjean Driven in part by the recession, teens have been scooping up the chain’s bargain- Grab larger, better-located spaces priced yet fashionable wares. The compa- BY THE NUMBERS ny logged a 19% increase in same-store vacated by fallen rivals, at bargain prices sales last month, and it has seen its stock Weekly shift of the city’s economy price rise almost 80% in the past year. began eyeing nearby shops. One occupied “They’ve improved their product, and LIFE IS UNFAIR, not bad. Sure, it’s tough to BY ADRIANNE PASQUARELLI cheer the news that Wall Streeters will rake in a spot with the perfect combination of size consumers are looking for that best price  record pay this year. But it’s great for NYC’s and location. on things, so Aéropostale has been win- Ferrari dealers—not to mention tax collectors. with a long-term lease about to expire, “I kept watching that space,and as soon ning,” says Sapna Shah, a principal at con- shoe seller Terra Plana began looking for as it was open, I called,” says Sabra Elling- sulting firm Retail Eye Partners. larger spaces this past spring. Several of its son,Terra Plana’s retail director in the U.S. Aéropostale is taking advantage of the +0.1% $140B +7.9% NoLIta neighbors had already shut down In July, she signed a lease for the store- growing choice of empty spaces to open its RISE IN NY/NJ FORECAST ’09 PRICE RISE as the economy slowed, and Terra Plana front, a 2,200-square-foot site at 254 Eliz- See RETAILERS on Page 28 consumer price pay for Wall for B’klyn apts. index in Street employees, from 2Q to 3Q— Sept. vs. Aug. up 20% from ’08 first gain in 8 qtrs. Source: Bureau of Source: The Wall Source: Miller Labor Statistics Street Journal Samuel Inc. Big App-le, indeed: Rush is on t ALL OVER THE LOT Residential building permits issued in are dropping at a brisk but irregular clip. loads.Apple Inc.—the company behind the iPhone’s camera into a magnifying glass. Software crowd works iPhone, iPod and seemingly anything that Mr. Smith, who founded the software into wee hours; visions starts with “i”—now receives upward of development firm in 1994, says the time 8,000 new app submissions a day. may have passed for charting new of $250K in two months The deluge has a downside: territory in the app world. “You Wait times for Apple’s stamp of only have one shot to make Mo- approval are up, and apps on nopoly and Scrabble,” he says. BY KIRA BINDRIM everything from fishing to flat- Still, Freeverse has grown to 20 ulence make it difficult to break $90K employees from 10 since the far from the boardwalks of the Jersey through the clutter. Neverthe- iPhone debuted and now focus- shore, more than 125,000 people are play- less, few can dismiss even the AMOUNT es almost exclusively on devel- vol. xxv, no. 42, october 19, 2009—Crain’s New York Business ing Skee-Ball—on their iPhones. The possibility of easy money. EARNED oping for the gadget. (issn 8756-789x) is published weekly, except for combined issues newly released application, with a 99-cent in two weeks by At startup Fungo Media Inc., the 5th week of June and the 1st week of July, the 2nd and 3rd No. 2 with a bullet -based weeks of July, the 4th week of July and the 1st week of August, price tag, has earned its developers nearly Freeverse’s latest co-founders Ted Sullivan and the 4th and 5th weeks of August and the 3rd and 4th weeks of $90,000 in just two weeks. freeverse has struck gold more Kiril Savino are busy readying December by Crain Communications Inc., 711 Third Ave., New iPhone app York, NY 10017. Periodicals postage paid at New York, N.Y., and “It’s done even better than we could have than once. In addition to Skee- GameChanger. The app aims to additional mailing offices. Postmaster: Send address changes to: hoped,” says Ian Lynch Smith, president of Ball,which earlier this month hit eliminate paper-and-pencil stat- Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call Brooklyn-based Freeverse, which created No. 2 on the list of most popular keeping in youth sports by letting (888) 909-9111. Fax (313) 446-6777.$3.00 a copy, $59.79 one year, the app over a period of two months. paid apps, the company topped charts last coaches enter information—say, a single to $109.79 two years. (GST No. 13676-0444-RT) Developing iPhone apps has become the year with its Flick Fishing and Moto centerfield—that can be automatically sent ©Entire contents copyright 2009 by Crain Communications Inc. All rights reserved. biggest get-rich-quick scheme since, well, Chaser apps. More recently, Freeverse to news outlets, displayed on a Facebook the Internet. At last count, there were launched Fairy Trails, a fantasy game for page or text-messaged to a parent. 85,000 apps and more than 2 billion down- kids, and Eye Glasses, which turns the Mr. Sullivan doesn’t consider the app’s

2 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0002,0003-NAT-CCI-CN_-- 10/16/2009 8:01 PM Page 2

Lazard, New Quieting the critics York mourn Time Warner CEO Wasserstein BACK TO Jeffrey Bewkes BASICS: Classic economics, not among the new yorkers mourn- gets a thumbs-up “conglomerization” ing the death last week of M&A from Wall Street macher Bruce Wasserstein are his colleagues and employees at two top-tier names in the city: BY MATTHEW FLAMM Ltd., the investment bank he rebuilt over the past seven years, and New in the nearly two years since Jef- York, the city magazine he bought in frey Bewkes was named chief exec- 2003. utive of Time Warner Inc., he has The 61-year-old directly owned a completed the spin-off of Time 2% stake in Lazard and controlled an- Warner Cable and resolved the fu- other 11% stake through a family ture of AOL.The troubled Internet trust. He left behind a firm with a division should be spun off by the world-class busi- end of the year. ness, advising com- But the biggest change at the panies on mergers company that was once activist in- and restructuring vestor Carl Icahn’s punching bag is them when they ran that no one is complaining about it into problems. He anymore. also left no designat- In fact,the media conglomerate, ed successor. Rochdale Securities an- which until recently was still crawl- alyst Dick Bove observed in a report: ing out from the wreckage of its “Mr. Wasserstein was the driving

merger with AOL, is now getting bloomberg news force behind the revival of the compa- props from Wall Street. “Time ny … [building] a clientele list that Warner shares deserve to trade at a peers will have pretty big earnings 6%, to $29 billion. enue this year. will be hard for Lazard to maintain.” premium to its large-cap media declines.” In contrast, analysts expect to Mr. Bewkes is even bullish on New York editor-in-chief Adam peers,” Wells Fargo Securities ana- Taking out AOL,Time Warner see steep earnings declines for The Time Inc. Though the magazine Moss told his staff last Wednesday lyst John Janedis wrote recently in a will see EBITDA increase 7%, to Walt Disney Co., Viacom Inc. and division will be the most challenged that it was impossible to know what research note that rated the com- $5.6 billion in 2009, according to CBS Corp. News Corp.’s earnings part of the company after AOL is would happen next. pany Outperform. plunged 45% in fiscal 2009, but gone, he argues that it will see “very A sale of New York Media any- Perhaps most unusual for Time Thomson Reuters forecasts a healthy gains” as the economy time soon seems unlikely. The com- Warner, its stock price has risen What investors comeback of 18% for 2010. comes out of the recession. pany belongs to Wasserstein family 38% in the past six months— Unlike some of its competitors, trusts—and Mr. Wasserstein’s family roughly in line with the Dow Jones like about the Time Warner has had the good for- Prudence and sophistication is wealthy. New York is losing money, broadcasting and entertainment tune not to own either newspapers of course, Time Warner has al- but nothing like, say, BusinessWeek. index. Ever since the disastrous company now or local television stations, two cat- ways had strong properties. What “I don’t think it would be a good 2001 merger, the stock has lagged egories that have been devastated investors like about the company way to maximize the return on the in- behind its peer group, no matter is Mr. Bewkes by the recession. now is Mr. Bewkes.They praise his vestment they made in New York,” how well the company performed. It also gets three-quarters of its ability to take an organization tra- Reed Phillips of media investment earnings from its cable networks, ditionally torn by rival fiefdoms and bank DeSilva & Phillips told Crain’s Cable properties strong which include premium channel make it run smoothly.And they ap- sister publication Advertising Age. mr. bewkes says it’s not only the HBO and ad-supported TNT, prove of his prudent approach to A group led by Mr. Wasserstein stock price that is doing better. TBS and Cartoon Network. Mr. the business. paid $55 million,plus the assumption “Time Warner this year is going Wells Fargo’s estimates. Including Bewkes expects ad revenue and “He is a much more sophisticat- of liabilities,for New York less than six to have earnings performance that AOL, the company will have di- subscriber fees to grow in 2010, as ed businessman than his two pred- years ago, then invested more along is significantly better than its luted earnings from continuing they did this year, despite the post- ecessors,” says Jeffrey Logsdon, the way. The family probably would peers’,” he says. “The content com- operations of $2.03 per share, a 3% election slide in CNN’s ratings. managing director at BMO Capi- want at least $75 million to $100 mil- pany part [excluding AOL] will jump from a year ago. Mr. Janedis Cable TV has been the only tal Markets, referring to Richard lion if it sold, Mr. Phillips estimated. have earnings growth, whereas our forecasts that revenue will drop medium that has increased ad rev- See QUIETING on Page 28 —aaron elstein and nat ives n to create hot iPhone apps

singular focus a negative: “There are programmer in Gillette, N.J., who “There’s been this wow factor at least 25 million kids playing develops apps for sites like Twitter. around iPhones,” says Nathaniel sports at the high school level or be- “There were thousands of people Trienens,founder of Manhattan- low. If we can even get just a small who thought they could throw a based Fuzz Productions, which market share across those sports, Web site up and make gobs of mon- developed the Men’sHealth and we’re going to be very profitable.” ey. Only a few people actually did.” Women’sHealth exercise apps for GameChanger has several possi- As for Apple apps, Mr. Marshall publisher Rodale. Since January, ble revenue sources, among them observes,“If you don’t stay at the top he has grown his mobile-focused advertising. According to a May re- of the charts, your profit falls off staff to eight people from one. port from AdWhirl, iPhone apps pretty quickly.” Other wireless companies are can make between $400 and $5,000 taking note.BlackBerry launched a day on ads. But those are only the The wow factor its app store in April,and Palm re- apps that crack the top 100; most many are trying to get in the cently began revamping its store’s don’t. The same is true of money game regardless of the hurdles. approval process. Verizon Wire-

made from downloads. Despite the “Wouldn’t it be cool if ...,” once the less is pushing its partnership buck ennis success stories—developer Steve stuff of late-night pub conversa- with Google, whose Android APPS AMORE: Ian Lynch Smith and his crew at Freeverse almost exclusively target the iPhone market. Demeter made headlines after tions, has become a jumping-off mobile operating system has banking $250,000 in two months point for programmers in search of some 10,000 apps. off his $5 game Trism—app devel- ideas. It isn’t uncommon to see a job Even New York City has gotten public app competition. Others suspect the craze will fade. opment is not inherently lucrative. listing for “iPhone app developer,” on board. Earlier this month, the With everyone getting app-hap- “When you start reading news arti- “It goes back to the early ’90s, and more than a few local tech firms city released 170 sets of municipal py, some hope Apple will create sep- cles about how you can get rich,”Mr. when the Internet was just getting have grown their ranks off the influx data, including property sales and arate application tracks for profes- Smith says, “it’s time to start selling popular,” says Kevin Marshall, a of app requests. restaurant inspection results, for a sional developers and amateurs. shovels, not go mining.” 

October 19, 2009 | Crain’s New York Business | 3 20091019-NEWS--0004-NAT-CCI-CN_-- 10/16/2009 6:03 PM Page 1

IN THE MARKETS by Aaron Elstein

CIT chief exec’s exit comes a year too late efore bidding Jeffrey Peek farewell, let’s consider the Bsoon-to-be former CIT Group chief executive’s exit package. It says a lot about how the bank bailouts are NOT EXACTLY PEEK affecting executive pay. PERFORMANCE Just last year, CIT was prepared to send off Mr. Peek with a package conservatively valued at $20 million if he had to head out the door.As- suming he left for “good reason,”he was entitled to nearly $9 million in severance, plus a contin- ued salary and bonus for three years after leav- ing the company—an exceptionally generous perk, considering his annual salary was $800,000 and his 2008 “incentive pay” includ- ed $6.5 million worth of equity grants. That bloomberg news wasn’t all. Mr. Peek also stood to get an additional three years of benefits, two extra years applied to his CIT retirement plan, stock and option grants vest- ed on an accelerated schedule and, of course, outplacement services. But Mr. Peek can’t take any of it with him now. Did the board get a dose of courage and stand up to the leader who steered CIT to the brink of bank- ruptcy? Hardly.The credit goes instead to the Emergency Economic Stabi- lization Act of 2008, better known as the bank-bailout program. That law bans bailed-out banks from making any “golden parachute” payments to departing senior executives until they’ve paid back taxpayers. CIT, scram- bling to raise additional cash so it can survive, is in no position to repay its $2.3 billion in bailout funds. As a result,“all”that Mr.Peek will be left with when he leaves at year-end will be about $5 million in accrued pension benefits, a pittance compared to the riches executives of his station have been accustomed to getting. Even Ken Lewis—Bank of America’s soon-to-be-former CEO, who agreed last week to give up his 2009 pay—is slated to exit the bank in De- cember with $69 million in retirement benefits. Although who knows what federal “pay czar” Kenneth Feinberg may think of that. The British are coming the turmoil on wall street ing partner Larry Byrne.“New has provided a huge oppor- York is the missing piece for tunity for overseas banks us.” like Barclays or Nomura to While Linklaters has a build in New York. It’s ways to go before it shows up equally true for law firms. on as many New York deal- Linklaters is a major le- makers’speed-dials as Sul- gal player in its native livan & Cromwell,it does London,where clients in- have some interesting clude AXA and Lloyds Wall Street experience. Banking Group. It hasn’t been that Two years ago, the firm repre- kind of force Stateside, but now it’s sented Citic Securities, a China- hoping to capitalize while rivals like government owned firm, which Cadwalader Wickersham & Taft cut agreed to buy a 6% stake in Bear Only 84 passengers to Paris means... staff or, in the case of Thacher Prof- Stearns late in 2007 for $1 billion. you’re one of a select few. fitt & Wood, dissolve altogether. But the Linklaters lawyers were still In the past few months, Link- conducting due diligence when Bear laters has poached half a dozen top- suddenly collapsed the following shelf mergers-and-acquisitions ex- spring. The aborted deal spared FLY BUSINESS CLASS IN STYLE — FOR LESS perts from places like Shearman & Citic the pain that other Chinese- DISCOVER THE UNIQUE ALL BUSINESS AIRLINE. With OpenSkies, you fly in more comfort and privacy, Sterling, White & Case and the government entities suffered when with a roomier seat or 180° flat bed — always window or aisle. You bask in more personal service and amenities, in true Federal Trade Commission. In all, they invested in Morgan Stanley and European style. Even boarding and deplaning are faster. You’ll get all of this and Linklaters now has 175 lawyers in Blackstone Group shortly before MORE, FOR LESS... New York. Growing here “is one of those stocks got hammered. the top strategic priorities for our “We saved Citic lots of money,” Our BEST FARE GUARANTEE* promises that if you find a lower fare on the same itinerary elsewhere, firm globally,” says U.S. co-manag- says partner Jeffrey Cohen.  we’ll honor the difference. Now you have a way to CUT COSTS, NOT COMFORT on your next trip to Paris.

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NEIGHBORHOOD JOURNAL EARLY BIRD: UIG backed the nascent Kalahari condo in Goldman unit takes shine to inner city Harlem.

operating officer at Full Spectrum,a Stuy.“It gives us added credibility.” Glen. “We lost all of our equity— Invests to make both developer that worked with UIG and UIG has taken its share of lumps something that has never happened a difference and a L+M Equity to develop The Kala- in the market,however.Interesting- in any of our New York deals.” hari,a 249-unit,mixed-income green ly, the biggest of those were caused profit; some losers condo in Harlem. “No one does not by affordable housing, but by Down by the sea these deals in these communities.” bets on market-rate properties.UIG the economy has also stalled UIG’s BY AMANDA FUNG Backing from UIG brings more and developer The Clarett Group plans for the 93-acre Arverne site in to projects than money. recently returned Forté, a 108-unit Far Rockaway, Queens, one of the asualwear—shirts “The Goldman brand helps,”says luxury condo in downtown Brook- largest pieces of underdeveloped without ties for men, Meredith Marshall, managing part- lyn, to its lenders. Goldman had a land in the city. Along with two lo- school. A lack of construction fi- brightly hued blouses ner at BRP Development, which is 75% equity stake in the $85 million cal developers, UIG intends to cre- nancing is expected to delay the start for women—isn’t stan- working on four residential buildings building, sources say. ate 1,700 units of housing, 400,000 of the first phase until early 2012, dard at Goldman with UIG,including the two in Bed- “The market turned,” says Ms. square feet of retail space and a much later than UIG had hoped.  CSachs, and neither are Monday pop quizzes on the intricacies of mu- nicipal zoning rules. Except in a small corner at the firm’s 85 Broad St. headquarters, where a team of 14 is doing some- thing very un-Goldmanlike. “My crew is unique,” says Alicia Glen, the head of Goldman Sachs She asked if I’d rather grow Urban Investment Group. “We put capital to work to make a difference: to transform entire city blocks.” UIG is taking equity stakes in in- my business here or abroad. ner-city housing developments at a time when other sources of funds for such projects have all but vanished. Following Goldman’s clutch con- We talked for three time zones. version to a bank holding company last year, UIG also recently began to provide loans to developers. To date, the nine-year-old group has invested $750 million in projects from Los Angeles to New York City, where it has been involved in 22 projects in neighborhoods includ- ing Harlem and Bedford-Stuy- vesant in Brooklyn. The New York projects comprise more than 3,100 dwelling units, 64% of which are af- fordable housing, and some of which are still under construction. The better your HSBC Going all-out, but not going for broke relationship manager nevertheless, the group has strict understands your financial targets. “We are not a charitable busi- business, the better he ness.We are expected to meet return or she can tap into our hurdles,”says Ms.Glen,who has led global financial network UIG since 2004. “We use all our to give you a competitive own capital.” edge. Whether your Among those hurdles:Equity in- opportunities are local vestments in market-rate residential or global, we can draw projects are expected to generate a Clifford A. on the knowledge we’ve minimum return of 20%,and invest- Electronics Importer built in 86 countries and ments in affordable housing are ex- New York, NY 1 pected to yield 10% to 12% returns. territories to help To meet these goals, Goldman you succeed. hires experts well-versed in both real estate and public policy. The origi- Knowledge is the new nal head of UIG was previously currency. Discover what commissioner of the city’s Depart- it can mean for your ment of Housing Preservation and business. To learn more, Development. Ms. Glen is a former HPD assistant commissioner. call 866 909-1243 or find In addition, UIG staffers are ex- your nearest branch at pected to spend hours analyzing us.hsbc.com/unique. projects before making financial commitments, and to keep close track of the projects after the deci- sions are made. Even back in the good times, UIG distinguished itself as one of the few investors that’s willing to back local projects at very early stages—in some cases, even before they win city approval. For example, it invested in two affordable projects 1 The HSBC Group operates through a network of affiliates and subsidiaries around the world. in Bed-Stuy worth $65 million. “They put in cash before you close In the United States, deposit products offered by HSBC Bank USA, N.A. Member FDIC, Equal Credit Opportunity Lender. on land,” says Carlton Brown, chief ©2009 HSBC Bank USA, N.A.

October 19, 2009 | Crain’s New York Business | 5 20091019-NEWS--0006-NAT-CCI-CN_-- 10/16/2009 5:57 PM Page 1

We are pleased to announce the NEW YORK,NEW YORK following transaction: edited by Valerie Block

Economic Cycle Research Institute Inc. Inside North Korea’s weird world has leased the entire 57th floor at 500 . eaders may be getting a peek at the Hermit Kingdom of North Korea. REuna Lee, the Current TV journalist who was We would like to thank apprehended with colleague Laura Ling in March, is Richard Duryea shopping a book about her ordeal, which began after the of Richard D. Duryea, Inc. for his assistance in this transaction. pair wandered from China into North Korean territory. They were released in August following a visit to Pyongyang by former President Bill Clinton. Ms. Lee and her agent, Todd Shuster of the Zachary Shuster Harmsworth literary agency, were meeting with Euna Lee New York publishers last week, sources say. According to newscom one insider, an interesting aspect of the project is that Ms. Lee, who speaks Korean, could provide a rare glimpse inside the bizarre dictatorship. Shortly after the pair were freed, the Wall Street Journal, citing an unnamed source, reported that Ms. Ling and her sister, television journalist Lisa Ling, were shopping a book proposal through William Morris Endeavor Entertainment, which represents Lisa. A For leasing information contact: spokesman at the agency declined to comment. Mr. Shuster did not return a call. Harry F. Blair 212.716.3741 baby boomers, the device is program sponsored by the Mayor’s [email protected] Café Noir survives basically an Internet radio made Fund to Advance New York City. Sean Kearns black days easy.The aptly named NPR Radio Comedian David Moore, who 212.716.3715 [email protected] requires just a wireless Internet heads his own firm hold the epitaph. Café Noir, a connection to pick up streams by day, says this is the first time in popular SoHo bistro that recently from some 800 affiliated stations three years that he’s put together tussled with its landlord over a and 16,000 other U.S. stations. his CEO standup show. He adds rent increase, will live another 10 It can also store that the events always years on Grand Street. two weeks’ worth sell out. The 15-year-old eatery of programming “People want to see (below), owned by George Forgeois, and features an on- if these guys are was preparing to close; in fact, it demand menu of funny,” he says, “or if had a “For Rent” sign in its NPR shows. they are going to fall on window this summer. At that time, “Making a their faces.” landlord Nino Vendome wanted to product that raise the rent to $30,000 a month doesn’t require an from $8,500. instruction manual is a big deal, A fat chance to win “I was even looking in Miami especially for the NPR audience,” blog’s contest for a new place,” says Mr. says Jake Sigal, chief executive of Forgeois, who owns four other Livio, the radio’s manufacturer. how does a bacon-cinnamon restaurants in the city. The Detroit-based firm has had roll sound? What about a grilled- But landlord and tenant success selling a similar unit for cheesecake sandwich? Look out recently settled on a lease Pandora Internet radio fans. for weird snacks like these on Oct. extension with a monthly rent of NPR is selling the radio for 29, when the team behind This Is $12,000, an amount that Mr. just under $200 through its online Why You’re Fat—a blog where Forgeois can handle. store and offering it in pledge people post photos of far-fetched “It’s going to be hard this year,” drives to attract donations. cuisine—will hold a food-truck says the restaurateur. “We are contest to promote the release of Gil Robinov 3 execs walk into their first book. Executive Managing Director, For the contest, six Manhattan a comedy club … mobile food vendors are preparing International Advisory Group extra-indulgent items, which of did you hear the one about the TIWYF will describe to broker who hadn’t closed a deal in participants via Twitter.The first a year, so he was forced to sell his person to hit all six vehicles and NAI Global house and pull his kids out of submit a photo of himself eating is pleased to have represented private school? Or the side- every treat gets a food-truck party splitter about the hotelier who cut of his choice for 25 friends. Info Government of the Republic of Singapore rates so low that he can’t cover his on the trucks’ locations will be debt service? updated every 20 minutes. in the $29,500,000 acquisition of hoping to break even.” Corporate black humor is “There’s so much ‘low-fat this’ On Oct. 19, Mr. Forgeois is bound to fill the comedy routines and ‘organic that’, I think people 318 East 48th Street, New York, NY offering free drinks and tapas of the three area executives who are getting tired of it,” says Jessica from 6 p.m. to 8 p.m., to celebrate will perform at Carolines on Amason, a viral media editor at Future site of its Mission to the Café Noir’s next decade. on Nov. 5 as part of the BuzzFeed.com, who launched United Nations and Consulate offices New York Comedy Festival. TIWYF with boyfriend and Stephen Siegel, chairman of global Gawker video editor Richard Turn on, tune in, brokerage at CB Richard Ellis Blakeley.The duo’s blog receives buy an NPR radio Inc.; Jonathan Tisch, chief executive around 1,000 submissions a week. of Loews Hotels; and supermarket www.nainyc.com npr is rolling out its own radio. magnate Stew Leonard will try to Contributors:Theresa Agovino, NEW YORK CITY Aimed at National Public elicit laughs instead of profits as Kira Bindrim, Lisa Fickenscher, Radio’s audience of late-adopting they raise money for a swimming Matthew Flamm

6 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0007-NAT-CCI-CN_-- 10/16/2009 1:32 PM Page 1

REPORT REAL ESTATE PLUS

broker Lance Korman, who repre- 12th floor since 2002. The renewal Time’s up for troubled loans sented the firm with his colleague also gives the company the right of Brian Waterman. first refusal for more space in the “A company can really have its building, according to Mr. Theil. our months after he quietly told lenders that he Richard Baxter,an executive director own identity with a full floor,” says Robert Tunis of FirstService expected to default on loans on two of his buildings, of the capital markets group at Cush- Mr. Korman. “They can have a real Williams and David Pennetta of man & Wakefield Inc. “It’s the only presence.” Oxford & Simpson Realty Services Joseph Moinian is about to find out if he can hold on way to get someone’s attention.” He also notes that SL Green is Inc. represented the tenant, while to them. Next month, he must come up with a $53 —theresa agovino building out the space to the com- landlord Murray Hill Properties million payment on his 400,000-square-foot 17 pany’s specifications. SL Green was was represented in-house by Audrey Battery Park North and a $292 million payment on 180 Maiden Brokerage represented in-house by Novoa and Roxanna Girand. F Executive Vice President —amanda fung Lane, a 1 million-square-foot tower. The buildings’ fate will be makes mark Howard Tenenbaum and decided by a special servicer—a company that handles troubled Managing Director Gary Sportswear maker loans—which took over Mr. Moinian’s loans back in the summer. the krauter group,a Rosen. commercial insurance bro- —theresa agovino outgrows home Mr.Moinian isn’t alone.There are 56loans backing New York kerage, signed a lease for City towers that are now with special servicers, according to 17,750 square feet of Broadridge design for all, a private-label Trepp, which tracks commercial real estate. More are expected space at 1350 Sixth Ave. manufacturer of ladies’ sportswear, to follow soon,as the credit crunch makes it virtually impossible The asking rent for the extends lease has grown out of its space and is 13-year deal was $65 a moving two blocks south. for owners to refinance buildings. square foot. The tenant broadridge Financial The company has signed a sev- plans to move from 1211 1350 SIXTH AVE. Solutions Inc. will stay in en-year lease for 7,500 square feet at Aggravating the situation is the Sixth Ave. in January. its Murray Hill office. 240 W. 37th St. It currently occupies fact that over the past several years, ON THE BRINK In an unusual twist, The company, which roughly 5,000 square feet at 205 W. mountains of loans were converted landlord SL Green Realty Corp. provides brokerage processing serv- 39th St. The asking rent at its new into commercial-mortgage-backed subleased the space that Krauter will ices,has renewed its lease for 52,000 space was $33 per square foot. securities, which were sold to mul- $292M occupy from current tenant Burber- square feet at 1 Park Ave. for three “It is an upgrade,” says Grant tiple investors. That has often left DEBT PAYMENT on ry for 18 months to get the deal done. years, with an option to renew for Greenspan of the Kaufman Organi- borrowers with no one to approach 180 Maiden Lane “It was an interesting deal because we five years. The asking rent was $45 zation, who along with Howard about adjusting the loan terms.The due in November did a short-term lease with Burberry per square foot. Rosenblum represented the tenant. arrival of special servicers solves that that allowed Krauter to sign a long- “Companies are continuing to “The owner is building the space to problem, but unfortunately they term lease,”says SL Green Executive make commitments for space,” says suit.” only step in when the loan is already 56 Vice President Steven Durels. Kenneth Theil,an lawyer at Stroock Joseph Mangiacotti of CB Rich- deeply troubled. NUMBER OF LOANS Krauter was drawn to the deal & Stroock & Lavan, who worked ard Ellis represented the landlords “In order to get someone to talk to with special servicers because it offered a full floor, ac- with Broadridge on the transaction. Isaac Chetrit and Ray Yadidi. you, you stop paying your loan,” says cording to Newmark Knight Frank Broadridge has occupied the —amanda fung FREE SMALL BUSINESS CHECKING. MORE REWARDS IN MORE WAYS.

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October 19, 2009 | Crain’s New York Business | 7 20091019-NEWS--0008-NAT-CCI-CN_-- 10/16/2009 7:43 PM Page 1

a fairly popular incumbent lavishing $100 million on the race. A telling example was the GOV. PATERSON Budget fix battered THE INSIDER comptroller’s response to a question A SWEEPING $3 BILLION DEFICIT REDUCTION PLAN unveiled last week by Gov. asking whether small businesses David Paterson marked the end of his monthlong game of chicken with the by Erik Engquist and Daniel Massey don’t provide employees with Legislature. The governor had wanted legislators to share ownership of what health insurance because their was sure to be an unpopular budget fix, but they insisted Mr. Paterson take owners are “greedy” or because they the heat himself. cannot afford to.The obvious And he did: His proposal was assailed from all angles. Advocates for answer for a candidate would be the education gave his $480 million cut to school districts a failing grade. The latter, but Mr.Thompson said, health industry howled over a $471 million hit. Localities lamented $1.3 Thompson’s “Each story is different.” billion lopped off from state aid. Environmentalists excoriated Mr. Paterson He found his rhythm at the end for his proposed $100 million raid of the Regional Greenhouse Gas Initiative of his hourlong appearance when and Environmental Protection Fund. asked why he would call on the The governor got some love from business groups who have long sought to hits and misses federal government to help close cut state spending, but the Citizens Budget Commission hastened to point the city’s budget deficit, rather than out that 38% of the plan consisted of nonrecurring cuts—better known as one- focus on an in-house fix, as Mr. William Thompson Bloomberg tends to. Mr. shots—and budget gimmickry. hile some of ’s remarks The Legislature did not exactly back him up, either, with Senate at last week’s Crain’s Breakfast Forum drew Thompson rattled off with vigor a list of the mayor’s less-popular Democratic leader John Sampson wondering aloud why the governor had applause, the muted reaction and fixes: higher property taxes, sales taken so long. underwhelming size of the paying taxes, fines, fees and fares. The administration’s attempts at spin fell flat. Mr. Paterson said that crafting his own plan showed “leadership,” which doesn’t explain why he had audience—just over 100 people—reflect tried to avoid doing so. And state budget theW lack of enthusiasm the city comptroller’s mayoral bid has Drilling for gas? Not director Robert Megna claimed, “There generated in the business community. is not a lot of cost-shifting in this plan”— ON THE STUMP: in my watershed A year ago, at the beginning of his William Thompson though its largest cut is in aid to underdog campaign, he drew a much remains an environmentalists and city localities, which can shift the burden to uninspiring officials, including Manhattan New Yorkers by raising property taxes. larger crowd to a Crain’s breakfast. At campaigner. Borough President Scott Stringer, Also, a $250 million tax amnesty plan the time, a term-limits City Council Speaker Christine and collection of an anticipated $200 extension for Mayor Quinn and Councilman James million payment from the Aqueduct Michael Bloomberg was still Gennaro, are demanding that the racino project this year instead of in fiscal city’s upstate watershed be off- 2011 would increase future deficits. up in the air. limits to a new gas-drilling “We are trying … to change the Mr.Thompson’s stump technique that the Paterson culture in Albany to one of fiscal skills have improved since administration wants to allow. responsibility,” the governor declared in then, but he is still not a They reason that only 8.5% announcing the cuts. He will meet with of the gas-rich Marcellus Shale Assembly and Senate leaders this week. natural, inspirational or is in the city’s watershed. But

charismatic campaigner— Brad Gill, executive director of ap images traits that political analysts the Independent Oil and Gas Association of New York, says: “If in some watershed.” ing on him to be the voice of reason said from the beginning one watershed is taken off the table, Mr. Gill says the environmental in making sure we have tax policy that

would be needed to defeat buck ennis that sets a precedent. ... Every area is risk is minuscule. allows U.S.-based corporations to remain competitive,” Ms. Wylde says. Business: We Charlie Rangel Reforming runoffs could boost turnout if embattled rep. Charles Rangel loses his chairmanship of the state sen. Liz Krueger says instant House Ways and Means runoff voting would do more than Committee, it would be a save the expense of repeating tremendous blow to New York elections when no candidate gets business, says Kathryn Wylde, 40% of the vote. It would reduce president of the Partnership for negative campaigning and boost New York City. turnout, she says. Voters would rank “He’s been a huge force in candidates, and if no candidate wins Congress on the issues most a majority of No. 1 votes, the last- important to the city economy: place finisher would be dropped and urban poverty and global business a new count made combining No. 1 and trade,” Ms. Wylde says. and No. 2 votes, and so on until Her group hopes Mr. Rangel, someone surpasses 50%. who is under investigation for “Candidates don’t want to be alleged ethical violations, will broker seen as nasty [to rivals], because if a compromise on an Obama they can’t get your vote for No. 1, administration plan to tax the they want your vote for No. 2,” says income of U.S.-based companies’ Ms. Krueger, D-Manhattan. foreign subsidiaries. She has a bill pending that Mr. Rangel’s backers in the would allow localities to implement business community say instant runoff voting.The bill characterizations of him as a would not have affected the liberal miss the point.They increasingly nasty mayoral race, know the Democrat as but it could have elevated David someone with long, Yassky over John Liu in the Sept. strong relationships on 15 Democratic both sides of the aisle who primary for city is willing to broker deals comptroller. that companies can Turnout plunged live with. in the runoff two “New weeks later, and York has Mr. Yassky lost  been count- by 12 points. bloomberg news For daily political and government news, subscribe to CRAIN’S INSIDER @ www.crainsnewyork.com/insider

8 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0009-NAT-CCI-CN_-- 10/15/2009 4:48 PM Page 1

SMALL BUSINESS Entrepreneurs get a lot more class

mand for entrepreneurial studies. the broader business category. professor and the former director of NYC colleges expand “Young people today want to in- “There are more students sitting the Field Center for Entrepreneur- courses, catering to vent and create things,” says Jerry in business classes saying, ‘I under- ship at Baruch.“Ten years ago,it was increased interest in Hultin,president of the Polytechnic stand how that works for Pfizer and one course I taught, with two stu-

Institute of New York University. IBM, but how does it work for me?’” dents in it.” newscom startups as jobs lag NYU Poly has added a slew of says Jeffrey Carr, executive director WHAT’S NEW WITH NYU: The school is entrepreneurship courses over the of the Berkley Center for Entrepre- Baruch takes a bow gauging how to train would-be entrepreneurs. past three years, according to Bruce neurship and Innovation at NYU’s baruch came in ninth in a rank- BY KIRA BINDRIM Niswander, the school’s director of Stern School of Business.Entrepre- ing of the country’s 25 most entre- innovation, technology transfer and neurship is Stern’s most popular preneurial colleges and universities students to refine their business olleges have often entrepreneurship. This year, the specialization after finance. published last month by Princeton plans with the help of faculty and provided fertile ground school is launching a Freshman Fo- NYU even commissioned a study Review and Entrepreneur magazine. professionals. The school’s Lang for innovation: Face- rum through which students can last year on how to train prospective No other New York institution made Fund makes investments in gradu- book was founded by attend lectures by celebrity inno- entrepreneurs. Preliminary results the list. ating students’ fledgling businesses, Harvard classmates in a vators. And NYU Poly joined the found that students in any major were In addition to offering a major in and Columbia is planning a pro- Cdorm room, Google by Ph.D. stu- city in February to open a business more likely to pursue entrepreneur- entrepreneurship, Baruch has a mi- gram that would place students as dents and Napster by a freshman at incubator on Varick Street, which ial activities if they had worked with nor for undergraduates, as well as an summer interns at startup firms. Northeastern. Even FedEx was houses 27 startup companies. professors outside the classroom M.B.A.in the subject for students of Though many students have born of an economics term paper. and had been required to develop the Zicklin School of Business.This been prompted to reconsider their With the job market lagging,suc- University on the move solutions to real-world problems. year, the school launched a master’s career prospects because of layoffs in cess stories like these are boosting the rest of nyu is making similar “Entrepreneurship, if it cannot degree in entrepreneurship, a one- fashion, media and finance, aca- interest in entrepreneurship among strides. Last fall, the school debuted be taught, certainly can either be year program geared to owners of demics credit startup standouts like college students. Colleges and uni- a 12-week Innovation & Entrepre- supported or not supported from an existing small businesses. Google with making entrepreneur- versities nationwide offer more than neurship Lab for students, faculty educational point of view,” says Jef- At ’s Eu- ship cool among the college set. 5,000 courses on the subject, com- and alumni.NYU is adding to its En- frey Simonoff, professor of statistics gene Lang Entrepreneurship Cen- “People are beginning to think pared with just 250 in 1985, accord- trepreneurship Learning Forums at NYU and one of the authors of ter, part of the Columbia School of small can be powerful,” says NYU ing to a report from the Kauffman this year,and it’s developing an eight- the study. Business, administrative director Poly’s Mr. Hultin.  Foundation, an organization that week seminar series titled “Rein- At Baruch College, part of the Laura Lee says enrollment in entre- promotes small business formation venting Yourself as an Entrepre- City University of New York sys- preneurship classes is up. To sign up for Crain’s in the U.S. And in the Big Apple, neur,” geared primarily at alumni. tem, more than 500 students cur- Outside the classroom, Colum- twice-weekly SMALL BUSINESS where many are looking to the start- The array of new courses geared rently major in entrepreneurship. bia offers the Entrepreneurial Sound- NEWSLETTER, go to up sector for economic growth, toward small, startup enterprises “It’s one of the biggest majors in ing Board and Entrepreneurial www.crainsnewyork.com/smallbiz colleges have found a growing de- serves an important need within the college,” says Edward Rogoff, a Greenhouse programs, which allow

October 19, 2009 | Crain’s New York Business | 9 20091019-NEWS--0010-NAT-CCI-CN_-- 10/16/2009 1:30 PM Page 1

VIEWPOINT State budget principles editor in chief Rance Crain publisher, vp Jill R. Kaplan few months ago, one of the most comptroller’s office estimates that if there is no action, the editorial director Greg David

responsible members of the state Senate total deficit over the next four years will be $50 billion. Given EDITORIAL came to meet the Crain’s editorial board. that New Yorkers are already paying the highest state and editor Xana Antunes When asked what the state should do to local taxes, it is obvious that irresponsible policies in Albany managing editor Glenn Coleman deputy managing editors Valerie Block, prepare for the coming end of the federal not only drag down economic growth; they are also among Erik Ipsen contributing editor stimulus, the senator blithely replied, “I the biggest roadblocks to a recovery. Elizabeth MacBride hope they’ll pass another stimulus bill.’’ If With Gov. Paterson finally outlining a plan to deal with columnist Alair Townsend senior reporters Theresa Agovino, that’s the attitude of one of the best senators, is it any wonder the problem, it is again time for civic and business groups to Aaron Elstein, Erik Engquist, Lisa Fickenscher, that New York’s budget crisis just keeps getting worse? mobilize in support of cutting the budget.They should make Matthew Flamm, Miriam Kreinin Souccar A reporters Barbara Benson, Amanda Fung, Here are the numbers to focus on: their voices heard by insisting on three principles: Daniel Massey, Adrianne Pasquarelli, 9%. This is the spending increase that legislators and Gov. Cut now. Since Gov. Paterson has taken an ax to state Hilary Potkewitz art director Steven Krupinski David Paterson enacted in April for the 2010 budget, despite agency spending, the only places where significant deputy art directors Carolyn McClain, the state’s faltering economy. It was based on wildly optimistic reductions in spending are realistic are the areas where the Daniel Mednick staff photographer Buck Ennis projections for the economy, a state spends the most copy desk chief Wendy Zuckerman big boost from the outsize The sooner the money: local education aid, copy editor Thaddeus Rutkowski research editor Denise Southwood income-tax increases on the cuts begin, health care and grants to assistant research editor Maia Blume wealthy and $7 billion or so in localities. School districts, editorial/research intern Selena Shen www.crainsnewyork.com federal stimulus money. the easier they health care providers and web editor Brian Tracey $3 billion. This is the most localities will all protest senior producer Elisabeth Butler Cordova producer Kira Bindrim conservative estimate of the will be to that it is unfair to expect deficit in the current budget, them to deal with midyear EDITORIAL AND ADVERTISING OFFICES implement 711 Third Ave., New York, NY 10017-5806 which ends on March 31. budget cuts. Sorry, but the editorial: 212.210.0277 Fax 212.210.0799 Those higher income taxes issue is whether those advertising: 212.210.0259

buck ennis Cable craincom nyk for the rich have failed to groups will face some pain Fax 212.210.0499 Entire contents ©copyright 2009 Crain produce the additional revenue. As for that hoped-for now or more excruciating pain later.The sooner budget cuts Communications Inc. All rights reserved. business turnaround, well, look around. begin, the easier they will be to implement. ®CityBusiness is a registered trademark of MCP Inc., used under license agreement. $10 billion. This is the minimum budget deficit the state Offer relief to offset budget cuts. Legislators can pass will face next year if the Legislature decides not to deal with medical malpractice reform, which could save hospitals and TO SUBSCRIBE: Call 888.909.9111; fax 313.446.6777. the current problem and merely pushes the red ink into the doctors hundreds of millions of dollars. It can eliminate $3.00 a copy, $59.79 one year, $109.79 two years. www.crainsnewyork.com 2011 fiscal year. It may be clear to businesspeople that this is a burdensome regulations on school districts. It can do the reckless strategy, but it is one Albany has used before. same for localities. ADVERTISING AND MARKETING $7 billion. New York City can’t be exempted. advertising director Trish Henry This is the amount of money that will be lost Too often, New York real estate sales manager Cornelius P. Gore from the 2012 budget, because only the most foolish think City groups argue that state spending should be reduced, but senior account managers Irene Irvill, Courtney McCombs, William E. Squitieri the federal government will have another stimulus bailout by targeting the suburbs and upstate. Politically, this account executives when it is facing deficits on the order of a trillion dollars. undercuts the entire rationale for fiscal restraint.The city Anthony Mowad sales manager, classified These are large numbers, but here is a bigger one.The will have to cope with less money, just like everyone else. print & online John Gallagher sales coordinator, print & online Lulé Haznedari newsletter product manager Alexis Barney CRAIN’S ONLINE POLL POLL COMMENTS credit Todd J. Masura 313.446.6097 marketing director Amy Crossman marketing manager Jill H. Bottomley ARE FATTER WALL ST. circulation manager Andrea Richardson assistant circulation manager BONUSES A BAD SIGN? Free market vs. ‘rich’ tax Rosalie Ford Date of poll: Oct. 14 general manager, interactive 216 votes IF THEY EARNED IT, they deserve it. Of course, To address income imbalances, the Marc Minardo someone will say that they’re stealing from the government should impose a confiscatory web developer, interactive Chris O’Donnell Yes. It’s poor. But how do you steal from the poor? If marginal tax rate in the neighborhood of 80% outrageous that they’ve got nothing, it’s pretty hard to take. to 90% for income past some level—$1 million, NEW YORK PRODUCTION even as Wealth does not exist as one big pie from $2 million, $5 million. unemployment production and pre-press director . 74% nears 10%, which we all scoop out our “fair” share.That’s Crain’s Web site ran a story on Oct. 14 titled Michael Corsi financiers who Marxism, remember? From each according to “NY state is running out of cash.” The article advertising production manager helped cause the his ability, to each according to his needs. In a doesn’t mention this, but the main reason the Suzanne Fleischman Wies economic crisis free country, under capitalism, you keep what state is running out of money is that taxes on PUBLISHED BY CRAIN COMMUNICATIONS INC.

are getting rich—

you earn by your own productive action. No the rich have been consistently cut over the last Keith E. Crain with the help of 26%. chairman billions of dollars one has a claim on that. 30 years by Republicans and their Blue Dog president Rance Crain in federal bailouts. To say otherwise is to say that the one who Democrat servants. secretary Merrilee Crain earned the money, the one who produced the Restore the tax rates, restore fiscal prudence, treasurer Mary Kay Crain No. The larger pay wealth, is your slave. If I remember correctly, restore the safety net, restore state services! executive vp, operations William Morrow Gloria Scoby packages are powerful that was declared illegal and immoral some And if the tax rates were reasonable, no one senior vp, group publisher indicators that the group vp, technology, circulation, financial system is time ago. No one is here on earth (or anywhere would complain about Wall Street bonuses. manufacturing Robert C. Adams finally recovering. That’s else) to serve you. Involuntary servitude was —david arnow vice president/production & essential to restarting outlawed in the U.S. Constitution. manufacturing David Kamis chief information officer Paul Dalpiaz lending, which is crucial —joe wright WRITE TO US to prosperity for all. corporate circulation/audience development director Kathy Henry GOVERNMENT SHOULD NOT micromanage Letters to the Editor: Crain’s New York Business, companies by specifying which companies can 711 Third Ave., New York, NY 10017. Fax letters to (212) 210-0799. founder G.D. Crain Jr. (1885-1973) Send e-mail to Crain’s staffers by using their first initial, their last chairman Mrs. G.D. Crain Jr. (1911-1996) For this week’s questions: Go to offer what bonuses. It is true, however, that name and @crainsnewyork.com. For example, editor Xana Antunes is www.crainsnewyork.com/poll to have your say. excessive imbalances, be they trade disparities, at [email protected]. Names are in the list to the right.

istockphoto income disparities, etc., are destabilizing. All letters are subject to publication, provided they are signed.

10 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0011-NAT-CCI-CN_-- 10/15/2009 4:48 PM Page 1

The future of Seventh Ave. WHAT SHOULD NEW YORK DO ABOUT THE GARMENT CENTER? The Bloomberg administration has proposed rezoning the area to end restrictions reserving much of the neighborhood for apparel factories, while creating 300,000 square feet of space dedicated to manufacturing. Editorial director Greg David discussed the pressing need to end the special zoning in “Runway illusions in the fashion biz’’ on the Sept. 28 Viewpoint page. Below, two supporters of efforts to preserve

manufacturing make their cases. newscom

sible. A compromised garment cen- Mayor’s plan inadequate ter jeopardizes Fashion Week, and that alone would result in a loss of to preserve garment district $466 million in direct visitor spend- ing.This creative engine is renewed each year by hundreds of graduates BY STEVEN KOLB from the Fashion Institute of Tech- Audit Tax Advisory nology, Parsons and Pratt who get ashion is one of the constellation of industries started with drawings or a concept that give New York its creative edge and vitality.It sample. They buy fabric and trim- employs 175,000 people and generates $10 billion mings, carry them to a pattern mak- er, a cutter and then a contract sew- Steve Mayer CPA in economic activity. But it cannot retain its glitzy er, all within a few blocks. 212.682.1600 designers, showrooms, media and vitality without Walk the streets of the garment www.amper.com factories. center. Despite more than a decade F of neglect and illegal conversions, Everyone in our industry understands that the fashion busi- you’ll still see factories, showrooms, ness has changed profoundly since zoning to protect the indus- textile and trimming shops and thousands of people who use them try was created in 1987. But the every day: startup designers and big city’s burgeoning young designers fashion brands, large and small. and many established companies A recent survey conducted by de- still require a local production base signers and landlords determined that is capable of supplying fabric manufacturers and suppliers occupy and trim, developing samples and 2 million square feet.The city wants Meet Mayor producing collections.Keeping pro- to shrink that amount to 300,000 duction close to designers is critical square feet or so. We don’t agree. It BLOOMBERG to managing production runs, con- is a vital part of our economy and ur-

trolling quality and ensuring fit and buck ennis ban culture, and to lose it would be Mayor Michael Bloomberg sizing.Every other fashion center in a shame. the world has a production base for Production does not have the will discuss the key business development and innovation. New glamour of New York’s Fashion Steven Kolb is executive director of the and economic issues facing York City should be no different. Weeks, but it makes the shows pos- Council of Fashion Designers of America. the city and what he plans to do if he is reelected mayor. He will be questioned by Crain’s editorial director Invest as much in fashion Greg David and Melissa Russo of WNBC-TV.

as city does in film production DATE: THURSDAY, OCTOBER 22, 2009

TIME: 8:00-8:30 AM BREAKFAST BY ADAM FRIEDMAN 8:30-9:30 AM PROGRAM

VENUE: SHERATON NEW YORK he real debate for the garment center is not 811 SEVENTH AVE whether it should be all factories or no factories,but BETWEEN 52 AND 53RD STS

setting the right balance of factories, designers and john h. howard COST TO ATTEND: new industries. The dilemma is that while proper- $75 FOR INDIVIDUAL TICKET(S) porting the biotech industry by in- ty owners want higher-paying showrooms and de- $750 FOR TABLE(S) OF TEN signers to stay, no single property owner will forgo higher rents vesting millions to create a biotech T park on the East River. and dedicate space for lower-rent factories to serve designers. Like what it has done for film stu- The city has demonstrated creativity in solving similar prob- dios, a biotech park and a financial Pre-register online by going to exchange, the city has proposed cre- crainsnewyork.com and clicking on lems by using a combination of land dios in Queens and Steiner Studios ation of dedicated production space “Events,” or fax your business card and use and financing tools.The film in- on city-owned land in Brooklyn. to anchor the fashion industry. This credit card information to “Bloomberg dustry is thriving in New York In February, the mayor an- is the right approach but is inade- Breakfast” at 212-210-0499. thanks to the Mayor’s Office of nounced an 11-point initiative to quate for an industry that contributes Film, which recruits producers, fa- strengthen financial services in low- so much to the economy. It must be For more information, call the events cilitates filming in the streets and er Manhattan,including $30 million scaled up to meet the industry’s hotline at 212-210-0739. advocates for programs such as a in incentives.This follows decades of needs. By owning its space, the fash- production tax credit now proposed subsidies, including $183.9 million ion industry can control its destiny. You must be pre-registered to attend this event. No refunds permitted. for renewal at $12 million a year. for the New York Mercantile Ex- The city also helped create space for change and hundreds of millions to Adam Friedman is director of the Pratt film production at Silvercup Stu- individual firms.The city is also sup- Center for Community Development.

October 19, 2009 | Crain’s New York Business | 11 20091019-NEWS--0012-NAT-CCI-CN_-- 10/16/2009 1:50 PM Page 1

lawyer and a season-ticket holder, decade of dysfunction that a young whose “Countdown to LeBron” Knicks squad is getting back to the Knicks waiting for LeBron Web site is getting about 5,000 hits passionate, gritty play that defines a month.“In the back of your mind, the game here.The team is focusing Continued from Page 1 rently estimated at around $200 mil- MSG Network. you know that players are somehow on the historic relationship between pinched on contracts and didn’t sign lion, would skyrocket, and its value There are 810,000 seats in Madi- placeholders. You are waiting for basketball and New York City, and a single free agent. As a result, the to owner Cablevision would soar. son Square Garden to fill across 41 2010-11.” challenges fans to hop on board as a Knicks are on track to have more The wait for LeBron, however, home games, beers and hot dogs to Knicks management insists oth- new era begins under Messrs. money to play with under the puts the Knicks in the challenging sell, and advertisers to reel in before erwise. “Clearly, some fans are very D’Antoni and Walsh. league’s salary cap than any other position of having to sell fans on this the luring of Mr. James can begin. focused on next year; we’re not in MSG Sports President Scott team next summer—just when No. season when much of their attention The team that Mr. D’Antoni will denial of that,” says Howard Jacobs, O’Neil says that the team has sold 23 and a bumper crop of other tal- will be on the next one. send to the floor in Miami is essen- vice president of marketing and nearly 2,400 new season-ticket ents could be free agents. tially the same one that went 32-50 ticket sales at MSG Sports.“There’s packages so far for 2009-10 (the The payoff from landing Mr. Team: “We’re not in denial” last year. And only six Knick players a lot of talk and a lot of expectation third-most in the NBA), compared James would be huge. “if you’re going to sell tickets and have contracts or team options for about 2010-11, but equally so, with about 1,500 new ones at this “We’re talking about a number in attract viewers, you can’t say, ‘Wait 2010-11, meaning that many won’t there’s tremendous excitement time last year. Some 30 new spon- the tens of millions of dollars,” says ’til next year,’” says Lee Berke, pres- be around to root for beyond this about 2009-10.” sors have signed on with the Knicks, sports economist Andrew Zimbal- ident of consultancy LHB Sports, season. The team’s new marketing cam- including Amtrak,Burger King and ist, a professor at Smith College. who at one time marketed the “It’s a strange year,” says Sean paign attempts to show fans who’ve Time Warner Cable. Traffic on the Indeed, the team’s revenue, cur- Knicks and the Rangers for the Cronin, a 29-year-old real estate lost faith and interest during a official Knicks.com Web site was up 30% in September versus the year- earlier period. “First and foremost,you have the best coach on the planet,” Mr. O’Neil says. “The second thing is, fans continue to say Donnie Walsh is a proven winner. He has a plan, and he’s sticking to it.” Tommy Dee, editor of the Web site TheKnicksBlog.com, is not yet convinced that pitching the team’s Class-A Redefined. coach and president will win over fans. “The focus is not really on any superstar,” he says. “That’s boring and not sexy.But given what they’ve had to deal with over the last decade, it’s a smart way to go. I’m curious to see if the fans will buy into it.” Knicks officials can’t comment on the possibility of signing Mr. James, or speculate on his financial He has doubled the value of Cleveland’s basketball team since signing

impact if he were to join their team. But sports experts note that the Cavaliers’ estimated value cited in the latest annual Forbes ranking has 10,400 - 16,400 SF more than doubled since the Ohio FULL FLOORS AVAILABLE team drafted Mr.James in 2003,hit- ting $477 million. 3,175 - 8,520 SF The rewards of a playoff run PRE-BUILTS AVAILABLE forbes values the Knicks at $613 million, tops in the league.With an NEW attraction like Mr. James, the team Building Facade, Lobby, Elevators, Corridors and Bathrooms would see an almost-immediate revenue boost and would likely NEW have its first chance in years to reap Ownership: Otéra Capital the rewards of a playoff run. And Spectacular Park and Avenue Views MSG Network, also owned by Ca- Pre-Builts and Build-to-Suit Availabilities Designed by Gensler blevision, would benefit from a rat- ings bump. The Manhattan-based NBA— Frank Doyle Cynthia Wasserberger David Kleiner which expects its $4 billion in rev- International Director Managing Director Senior Vice President enue to drop by 2.5% to 5% this 212.812.5759 212.812.5816 212.812.5954 year—would also benefit from sales [email protected] [email protected] [email protected] of No. 23 Knicks jerseys, as well as stadium sellouts everywhere the www.1330AOFA.com Knicks played and higher TV rat- ings. The only downside for the league: A move to New York by Mr. James would probably decimate the Cleveland franchise. But someone has to lose. For Knicks fans who are keeping track, their moment of victory could be just 255 days away.And counting.

12 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0013,0014,0016-NAT-CCI-CN_-- 10/15/2009 4:47 PM Page 1

HEALTH CARE INSIDE Long-gone death panels lead to more democratic options PAGE 14 How hospice care affects the end of patients’ lives PAGE 16 Health directives: some how-tos PAGE 16

FIGHT SONG: When money’s not a factor, patients tend to battle on, says Montefiore social worker Gloria Nelson. buck ennis In the end, care tops cost

ovarian cancer at Montefiore Medical Center in the Bronx for two years. Defying death-panel fears, image-conscious The concept of cost-cutting, doom-dealing government panels scares many insurers honor—and pay for—patients’ wishes people—and with good reason. However, end-of-life care in New York and elsewhere around the nation has probably never been further removed from that BY GALE SCOTT grim vision. Rather, medical professionals say, the system in place is one in which insurers when deidre araimo heard all the talk about “death panels” this summer, she defer to the wisdom of doctors, who in turn defer to the will of patients and their immediately thought of what they might mean for her. family members in setting courses of treatment for people who have no hope of “I could see Medicare saying:‘This is her ninth round of chemo? We won’t pay recovery.This system is free of cost considerations,let alone government controls. for that.’ And then they’d chuck me to the wind,” says Ms. Araimo, a real estate Fearing a possible backlash from lawmakers and the public, insurance agent in New Rochelle, N.Y., who has been receiving treatment for her Stage IV See CARE TRUMPS COST on Page 14

October 19, 2009 | Crain’s New York Business | 13 20091019-NEWS--0013,0014,0016-NAT-CCI-CN_-- 10/15/2009 4:47 PM Page 2

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Care trumps cost FROM DOOMSDAY DECISIONS TO A NEW ETHICAL VIEW THE THOUGHT THAT THE FEDERAL GOVERNMENT would set like coronary bypasses and bone marrow transplants. Continued from Page 13 longer,notes Dr.Shalom Kalnicki,a up panels to weigh the fates of seriously ill Americans has “The ethical debate over Who Shall Live? crystallized executives, including those at Med- radiation oncologist at Montefiore. been widely condemned. However, such panels have for the nation the basic principle that health care ser- icaid and Medicare, are increasingly “What we are finding now is that actually been used before—by major medical institutions. vices should not be an exclusive right of the rich and taking a backseat in determining with health insurance in the spot- In the early 1960s, hospitals set up entities to ration a privileged ... or any other selected profile,” wrote Univer- treatment plans. Nowadays, they light, the companies are getting hot new medical treatment: kidney dialysis. Similar panels sity of Washington researcher Deborah Illman in 1996. will generally pay for care, as long as more sensitive to their image,” he allocated organs for transplant. The exciting treatments Adds Dr. Joseph Fins of Weill Cornell Medical College: it’s not considered experimental. says. “It is becoming less and less could save lives. But with dialysis equipment a scarce “We no longer judge people by their social worth. There “Decisions about treatment in common to get a cold letter saying novelty and donor organs hard to come are moral flaws in that kind of the face of terminal illness are deci- payment is denied.” by, the question for hospitals and reasoning.” In fact, he notes, anger sions for the patient and family to In the absence of constraints from doctors was whom to treat. over that type of decision-making make in consultation with their doc- medicine’s chief gatekeepers, hospi- The hospitals convened anonymous three decades ago led to the tors,” says Dr. James Cross, head of tals and doctors have little incentive committees, usually including clergy establishment of his field: national medical policy and opera- to do anything but take their cues members or prominent community medical ethics. tions at Aetna. “We have no role in from their customers. Most hospital representatives, to help make the tough Since then, the thinking on end- that process.” personnel and doctors say they can calls. These panels usually gave pref- of-life care has shifted 180 degrees. only try to guide patients through erence to those deemed the most “pro- Hospital “death panels” are long Caveat insurer their difficult choices, even when the ductive” citizens—ones who had good gone. All that can be done medically more specifically, he insists that experts know that treatment is futile jobs or who were heads of families. for a patient who desires it usually the big insurer would absolutely not and could potentially be ruinously Outrage over the panels reached an early peak in will be done. Now the central issue has become the pa- want to “weigh in with a cost/bene- expensive for the survivors. 1965 when NBC aired a documentary about such a com- tient’s right to refuse care—even if that will lead to death. fit analysis of a proposed treatment At New York-Presbyterian Hos- mittee in Seattle, called Who Shall Live?, which showed During the first Bush administration, the Patient strategy.” pital, the person called in to consult silhouettes of committee members sitting in judgment. Self-Determination Act required all hospitals receiving Such views, which are now offi- with physicians on end-of-life issues Happily, the half-ton dialysis machines have been re- government funds to tell patients that they could give cially shared by virtually all health is Dr. Joseph Fins, chief of the divi- placed by equipment that’s far smaller, faster and cheaper. instructions on what care they would want if they insurers, are being put into practice sion of medical ethics at Weill Cor- became seriously ill and could no longer communicate in homes and hospital rooms across nell Medical College. He faces daily The health care panels had a lasting impact on policy and their wishes. But no funding was provided for the effort. the city. For some insurers, this questions such as whether a doctor financial matters: The fallout from the debate would make hands-off approach represents a should proceed with bypass surgery care far more democratic, but also more expensive. Ironically, Dr. Fins points out, the Obama administration’s clean break from policies of recent for a frail elderly patient, or whether In 1972, Congress ordered Medicare to cover dialy- inclusion of Medicare funding to pay doctors to take the years. Many of them formerly re- to discontinue life support for a pa- sis for all patients with end-stage kidney disease. That pre- time to discuss advance directives with patients led to the fused to cover a variety of treatments tient with a severe brain injury. cedent led Medicare to fund other expensive procedures, false accusations about the creation of death panels.

for patients unlikely to live much See CARE TOPS COST on Page 16 getty images

Excellence {is a scialty}

excellence – noun 1. of the highest quality or standing, superiority. NYU Langone Medical Center is s etting the standard for medical care today. We have been recognized as a Top 20 hospital for overall excellence in U.S. News & World Report’s 2009 “America’s Best Hospitals.”

14 | Crain’s New York Business | October 19, 2009 CN013241 10/9/09 11:37 AM Page 1

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in the South Bronx, families tend to want everything, says vascular sur- A HOW-TO ON HEALTH DIRECTIVES Care tops cost in end geon Dr. Ross Lyon. “Cost doesn’t enter into it.” AS THE NATION’S MEDICAL AND LEGAL EXPERTS wrangle over the questions of He points out that Medicaid or what can ethically be done to cut the costs of end-of-life care, most agree that Continued from Page 14 families. Faced with death, Dr. Fins Medicare usually picks up the tab, the issue would be simpler if everyone put his or In coming up with a recommen- observes, “people are usually think- which can be hefty. After surgery, her wishes in writing. dation for each patient,Dr.Fins says, ing about their own well-being, not some of his patients spend weeks or There are two ways to provide instructions, “the question is whether the treat- about stewarding their resources for months in intensive care, often on known as advance directives: drawing up a ment wanted will have a dispropor- their children,” he says. ventilators, before they die. Care for “living will,” which spells out what care a person tionate burden relative to benefit.” just one patient can cost more than would or would not want in specific situations; But the financial implications All-out efforts $1 million and still end badly.None- and selecting a health care proxy, someone who are never a part of those discussions, nor does money play a role in dis- theless, he and his hospital abide can be trusted to make those kinds of decisions whether the talks are held with an cussions about end-of-life-treatment strictly by the wishes of the patient if the patient is no longer able to do so. individual’s doctor or among the at city-run hospitals. At Lincoln and his or her family. Downloadable forms are available on the New York State Bar medical staff, the patients and their Medical and Mental Health Center “We approach the family;we ask, Association’s Web site, www.nysba.org: Go to the “For the Community” page, ‘Do you want us to resuscitate if and click on “Living Will and Health Care Proxy Forms.” INSURERS AND THE HOSPICE OPTION Grandma’s heart stops?’ ” says Dr. Unfortunately, while most people embrace the idea of a living will or a Lyon. proxy, only an estimated 25% of the population has actually made such INSURANCE COMPANIES urging people to forgo “But we really should not be total- arrangements. Most of those individuals are already facing serious illnesses. drastic care in hopeless situations don’t want to ly putting that on the patients’ rela- Gloria Nelson, a social worker who runs a support group for late-stage sound mercenary. But they are now distributing tives,”he maintains.“Any relative can cancer patients in the Bronx, says her decades of experience working with brochures about advance directives, tactfully say,‘We want everything,’ regardless people with poor prognoses have taught her a few tricks. suggesting that people consider questions of how much it costs or whether it is “I don’t recommend living wills,” she says. “It’s too hard for most people to the best decision medically.” such as whether they would want life support if know in advance what their options will be.” With money out of the picture, they had little chance of recovery. The insurers Designating a health care proxy is less emotionally taxing, she says. most people opt to fight on, says also recognize that family members may want Ms. Nelson notes that one way to defuse this loaded subject is to tell family guidance in making hard choices for an incapacitated loved one. Gloria Nelson, a senior social work- er at Montefiore. She helps cancer members that the patient won’t fill out the proxy form until they do the same. A recent Aetna study looked at what happened when the company made “You get the son or daughter doing it, and then it’s a family project and it’s hospice care easier to obtain, and assigned nurse case managers to patients patients cope, running a support group that boosts morale with all easier,” she says. who agreed to enter hospice care. Looking back at the last year of patients’ Another tip: Spouses or adult children may not be the most suitable lives, the researchers found dramatic differences in the types of care that events like an upcoming “Scare Away Cancer Halloween Party.” proxies, because their emotions will likely enter into their decision-making. patients with similar illnesses received. One of her favorite clients is “Sometimes, it is better to ask a friend—someone you know will do what STUDY GROUP CONTROL GROUP Doris Evans of Manhattan, an 85- you want,” says Ms. Nelson. Percentage who had an acute-care year-old phone company retiree hospital stay 16.8% 40.3% who learned in June that she has Average length of hospital stay 5.84 days 6.91 days multiple myeloma, a cancer of the In contrast,says Ms.Nelson,“an- participating in clinical trials for new white blood cells. other patient told me, ‘I’m 72; why drugs has given her two breaks from Percentage who stayed in an ICU 9.6% 23.0% “I was upset for about a hot bother with chemo?’ ” her disease: a six-month remission Percentage who visited an ER 9.8% 15.2% minute,” Ms. Evans says. “Then I But most of her clients are more and a nine-month remission. told them I wanted whatever they like Ms. Araimo and Ms. Evans— “I’ll keep going until there’s noth- Source: Journal of Palliative Medicine, “A Comprehensive Case Management Program to Improve Palliative Care,” Vol. 12, No. 9, 2009. The authors are employees of Aetna research entities. could do for me. I’ve got a busy life, people who won’t give up. Ms. ing out there for me,” she says. “It  istockphotos and I plan to enjoy myself to the end.” Araimo,a Medicare beneficiary,says beats the alternative.”

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16 | Crain’s New York Business | October 19, 2009 ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS CRAIN’S 2009 GUIDE TO HIGHER EDUCATION

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Design and Culture, Curatorial Studies, Import/Export, Recreation/Fitness, Test CUNY Baruch College Medical Administration, Paralegal Studies, Environmental Policy, Fine Arts, Photog- Prep and more. Zicklin School of Business Real Estate, Renal Dialysis Technology, NEW YORK raphy, Teaching, Conservatory of Music One Bernard Way Secretarial Studies after Teaching, Vocal Arts CUNY Baruch College Box H-820 Adelphi University Continuing Education programs: Art, Hu- School of Public Affairs New York, NY 10010 CUNY City College of New York 1 South Ave, manities, Mathematics, Natural Sciences, One Bernard Baruch Way Phone: 646-312-1300 160 Convent Avenue Garden City, NY 11530 Social Sciences Box D-0901 E-mail: ZicklinGradAdmissions@baruch. New York, NY 10031 Phone: 800-ADELPHI New York, NY 10010-5912 cuny.edu Phone: 212-650-7000 Other campuses: Hauppauge, Poughkeep- Berkeley College of New York City Phone: 646-660-6750 Web: www.baruch.cuny.edu/zicklin E-mail: [email protected] sie, Manhattan 3 East 43rd St., E-mail:[email protected] Graduate programs: The largest AACSB- Web: www1.ccny.cuny.edu E-mail: [email protected] New York, NY 10017 Web: www.baruch.cuny.edu/spa accredited business school in the U.S., Graduate programs: Ph.D.: Engineering, Web: www.adelphi.edu Phone: 800-446-5400 Graduate programs: Master of Science Zicklin is in the heart of Manhattan and Biology, Biochemistry, Chemistry, Clini- Graduate Programs: Art, Biology, Creative Other campuses: White Plains, NY; 130 in Education in Educational Leadership, offers nationally ranked undergraduate, cal Psychology, Neuroscience, Physics; Writing, Environmental Studies, Physics, William St. NYC; West Paterson, NJ; Para- Master of Science Education in Higher part-time, and full-time MBA programs, Masters: Architecture, Art, Biology, Environmental Studies; Psychological mus, NJ; Woodbridge, NJ; Newark, NJ Education Administration, Master of plus an accelerated MBA, specialized mas- Chemistry, Computer Science, Creative Studies; Management; Adolescent, Art, E-mail: [email protected] Public Administration, Executive Master ters, and doctoral programs. Writing, Education, Engineering, Earth & Childhood, Early Childhood, Special, and Web: www.berkeleycollege.edu of Public Administration Atmospheric Science, Economics, English, Bilingual Education and TESOL; Literacy; Continuing Education programs: Corpo- CUNY Brooklyn College History, International Relations, Landscape Educational Leadership and Technology; rate Learning Partnerships CUNY Baruch College 2900 Bedford Ave. Architecture, Literature, Mathematics, Me- Communication Disorders; Health and Weissman School of Arts and Sciences Brooklyn, NY 11210 dia Arts Production, Mental Health Coun- Physical Education; Nursing; Social Work; CUNY Baruch College One Bernard Baruch Way Phone: 718-951-5001 seling, Museum Studies, Music, Physics, Postgraduate, advanced certifi cate, and Continuing and Professional Studies Box B8-211 E-mail: [email protected] Psychology, Public Service Management, joint degree programs. Continuing Educa- One Bernard Baruch Way New York, NY 10010 Web: www.brooklyn.cuny.edu Sociology, Spanish, Urban Design. tion: English/Spanish Translation Box B1-116 Phone: 646-312-4490 Graduate programs: Advanced Certifi - Continuing Education programs: Business, New York, NY 10010 E-mail: wsas_graduate_studies@baruch. cates, Master of Arts, Master of Fine Arts, Business Development, Career Manage- Bard College Phone: 646-312-5000 cuny.edu Master in Public Health, Master of Science ment Services, Computer Skills, Education, P.O. Box 5000 E-mail: [email protected] Web: www.baruch.cuny.edu/wsas in Education Educational Development, English & Annandale-on-Hudson, NY 12504 Web: www.baruched.edu Graduate programs: Master of Arts in Cor- Continuing Education programs: Ac- Foreign Languages, Green Construction, Phone: 845-758-6822 Graduate Programs: Business, Real Estate, porate Communication, Master of Science in counting, Allied Health, Bookkeeping, Health Care, Personal Development, Pro- E-mail: [email protected] Bookkeeping, Human Resources, IT, Financial Engineering and Master of Science Childcare, Computer Skills, Developmental fessional Development Web: www.bard.edu Digital Design, Modern Languages, ESL, in Industrial/Organizational Psychology Disabilities, ESL, Finance and Investment, Graduate programs: Decorative Arts,

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Hofstra University ness Management (MS), Cinema and Media CUNY New York City College of Enterprise; and Value Investing. 100 Hofstra University Studies (MA), Computer Science (MS), Technology Columbia University Hempstead, NY 11549 Education: Adolescence (MSEd), Child- 300 Jay Street Columbia University Graduate School of Arts and Sciences Phone: 800-HOFSTRA hood (MSEd), Special (MSEd), Leadership Brooklyn, NY 11201 Columbia Law School 109 Low Memorial Library Web: hofstra.edu in Education (post Master’s Advanced Phone: 718-260-5500 Address: Offi ce of Admissions 535 West 116th Street, MC 4306 E-mail: [email protected] Certifi cate), English (MA), Environmen- E-mail: [email protected] 435 West 116 Street, New York, NY New York, NY 10027 Graduate programs: Advanced Graduate tal Science (MS), History (MA), Liberal Web: www.citytech.cuny.edu 10027-7297 Mail Code 4004 Phone: 212.854.8903 Certifi cates, Doctor of Audiology, Doctor Studies (MA), Mental Health Counseling Continuing Education programs: Com- Phone: 212-854-2670 E-mail: [email protected] of Education, Executive M.B.A., Juris (MA), Neuroscience, Mental Retardation puter Offi ce Skills and Medical Offi ce E-mail: [email protected] Web: www.columbia.edu/cu/gsas/pages/ Doctor or combined JurisDoctor/M.B.A., & Developmental Disabilities (MS), Nurs- Assistant to Welding, PC Support and Web: www.law.columbia.edu pstudents/main/wel/index Master of Law, Master of Arts, M.B.A., ing: Adult Health Nursing, (MS & post Network Technologies to Lock Smithing, Graduate programs: Juris Doctor, Doctor Graduate Programs: Master of Arts and Master of Fine Arts, Master of Health Master’s Advanced Certifi cate), Cultural Credentialed Alcoholism and Substance of the Science of Law and Masters of Law Ph.D. programs in over 30 disciplines Administration, Master of Science, Master Competence (Advanced Certifi cate), Ge- Abuse Counseling (CASAC) and Ophthal- degree programs with traditional strengths in the Natural Sciences, Social Sciences, of Science Education, Ph.D., Doctor of rontological Nursing (MS & post Master’s mic Dispensing. 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Columbia University Iona College Phone: 212-817-7000 Phone: 718-997-5200 School of General Studies Graduate School of Arts and Science E-mail: [email protected] E-mail: [email protected] Columbia University 2970 Broadway, New York, NY 10027 715 North Ave. Web: www.gc.cuny.edu Web: www.qc.cuny.edu Graduate School of Journalism Phone: 800-895-1169 New Rochelle, NY 10801 Graduate programs: Doctorates in more Graduate programs: Arts and Humani- 2950 Broadway E-mail: [email protected] Phone: 800-231-IONA than 30 Humanities, Science, and Social ties, Music, Education, Library Science, New York, NY 10027 Web: www.gs.columbia.edu Other campuses: Blue Hill, Pearl River, NY Science Fields, such as Business, Nursing, Mathematics and Natural Sciences, Social Phone: 212 854-8608 Undergraduate degrees for adult students: Web: www.iona.edu Psychology, Urban Education, Chemistry Sciences Web: www.journalism.columbia.edu More than 70 majors and concentrations E-mail: [email protected] and more. Also offer seven Master Degree Continuing Education programs: Certifi - Graduate programs: Master of Science in including computer science, computer Graduate programs: Communication, Programs cate of post Master’s Studies in Librarian- Journalism, Master of Arts in Journalism, science-mathematics, economics, English, Computer Science, Criminal Justice, Edu- Continuing Education programs: Portu- ship, Elementary and Early Childhood Ph.D. in Communications. Dual-degree mathematics, mathematics-statistics, politi- cation, Educational Technology, English, guese Language, Zoning, and Business (post Master’s Certifi cate), School Building graduate programs in journalism with the cal science and statistics Health Services Administration, History, Writing, among others. Numerous free Leader (post Master’s Certifi cate), Ad- School of Law; the School of Business; Journalism, Marriage and Family Therapy, public lectures, discussions, concerts, and vanced Diplomas and Certifi cates in Music. the School of International and Public Columbia University Pastoral Counseling, Psychology, Spanish, readings. Affairs; and the Graduate School of Arts School of Continuing Education Teaching, Telecommunications CUNY School of Professional and Sciences, Earth and Environmental 2970 Broadway CUNY Hunter College Studies Sciences, the Scripps Howard Program in New York, N.Y. 10027 Iona College 695 Park Ave 365 Fifth Avenue Religion and Sciences Po in Paris Phone: 212-854-9666/800-895-1169 Hagan School of Business New York, NY 10065 New York, NY 10016 E-mail: [email protected] 715 North Ave. Phone: 212-772-4490 E-mail: [email protected] Columbia University Web: www.ce.columbia.edu New Rochelle, NY 10801 E-mail: [email protected] Web: www.sps.cuny.edu Mailman School of Public Health Master’s degree programs: Actuarial Sci- Phone: 800-231-IONA Web: www.hunter.cuny.edu Graduate programs: Master’s degrees in 722 West 168th Street, Suite 1014 ence, Bioethics, Communications Practice, Other campuses: Blue Hill, Pearl River, NY Graduate programs: 50 fi elds of study, Master of Arts in Applied Theatre, Master New York, New York 10032 Construction Administration, Fundraising E-mail: [email protected] including Anthropology, Art, Biochemistry, of Science in Business Management and www.mailman.columbia.edu/ Management, Landscape Design, Informa- Web: www.iona.edu Biology, Communication, Community Leadership, Master of Arts in Disabil- Phone: 212-342-5127 tion and Digital Resource Management, Graduate programs: M.B.A., M.B.A.-plus, Health Education, Creative Writing, Eco- ity Studies and Master of Arts in Labor E-mail: [email protected] Narrative Medicine, Negotiation and post-master’s certifi cate nomics, Education, English Literature and Studies. Advanced certifi cates in Adult Web: www.mailman.columbia.edu/experi- Confl ict Resolution, Sports Management, many others Learning Program Design, Disability Stud- ence Strategic Communications, Sustainability LIM College Continuing Education programs: Art, ies, Heath Care Policy and Administration, Graduate programs: Masters and Doctoral Management, and Technology Manage- Center for Graduate Studies & Continuing Business, Career, Civilization and Culture, Immigration Law, Labor Studies, Project programs in Biostatistics, Environmental ment. The school also offers courses Education Communication, Computer Skills, ESL, Management and Public Administration. Health Sciences, Epidemiology, and Socio- through its Postbaccalaureate Studies 216 East 45th St. – 8th fl oor Film and Performing Arts, Finance, Fit- Continuing Education Programs: Educa- medical Health Policy and Management, program, English language studies and New York, NY 10017 ness, Health, Interior Design, Language, tion and Non-Profi t Fundraising and Population and Family Health, Global high school programs. Phone: 212 752-1530 Ext. 412 Literature, Music, Personal Investment, Development. Health, General Public Health, and the Email: [email protected] Small Business Management and more Executive Cornell University Website: www.limcollege.edu CUNY York College Master of Public Health program School of Industrial and Labor Relations in New Description of Programs: LIM College of- CUNY John Jay College of 94-20 Guy R. Brewer Blvd. York City fers the nation’s only MBA degree program Criminal Justice Jamaica, NY 11451 Columbia University 16 E. 34th St., Sixth fl oor with concentrations in Fashion Manage- 445 West 59th St. Phone: 718-262-2000 School of International and Public Affairs New York, NY 10016 ment and Entrepreneurship. Room 4260 E-mail: [email protected] 420 West 118th Street Phone: 212-340-2800 New York, NY 10019 Web: www.york.cuny.edu New York, New York 10027 Web: www.ilr.cornell.edu Long Island University Phone: 212-JOHNJAY Continuing Education programs: Academ- Phone: 212-854-6216 Graduate programs: Master of Profession- Brentwood Campus E-mail: jtaveras@[email protected] ic Skills Test Prep, Business, Career, Child E-mail: [email protected] al Studies in Industrial and Labor Relations 100 Second Avenue Web: www.jjay.cuny.edu Care, Computer Studies, Health and Rec- Web: www.sipa.columbia.edu Continuing Education programs: Work- Brentwood, NY 11717 Graduate programs: Criminal Justice, reation, Languages, Personal Enrichment, Graduate programs: Master of Interna- shops, Certifi cates and Breakfast Seminars Phone: 631-273-5112 Forensic Psychology, Forensic Science, Programming and Web Development, tional Affairs and Master of Public Admin- in Human Resources, Management De- E-mail: [email protected] Master of Public Administration-Inspector Small Business, Workshops and more istration (each requiring one of six policy velopment, Diversity Management, EEO, Web: www.liu.edu/brentwood General program, Protection Manage- concentrations and one of six functional Labor Relations and Change Management Graduate programs: Business Administra- ment, Public Administration; Doctoral CUNY Baccalaureate for Unique or regional specializations); Program in tion, Criminal Justice, Counseling, Educa- Degrees in Criminal Justice and Forensic and Interdisciplinary Studies Economic Policy Management; Executive DeVry College of New York tion, and Library and Information Science Psychology 365 Fifth Avenue MPA; MPA in Environmental Science and Keller Graduate School of Management Continuing Education programs: Financial Continuing Education programs: CPR, Suite 6412 Policy; MPA in Development Practice; 3020 Thomson Ave Planning and Drivers Education Certifi ed First Responder-Defi brillation, New York, NY 10016 PhD in Sustainable Development; and Long Island City, NY 11101 EMT Training, GED Prep, GRE Prep, Phone: 212-817-8220 dual degrees or exchanges with Sciences Phone: 718-472-9933 Long Island University LSAT Prep, Pilates, Water Exercise Tech- E-mail: [email protected] Po in Paris, London School of Econom- Other campuses: Manhattan Center Brooklyn Campus niques/Swimming Web: www.cunyba.cuny.edu ics, National University of Singapore’s Lee E-mail: [email protected] 1 University Plaza Programs: A selective, individualized degree Kuan Yew School of Public Policy, Hertie Web: www.keller.edu Brooklyn, NY 11201 CUNY Lehman College for students whose goals transcend tradi- School of Governance in Berlin, Centro Graduate programs: Master’s degree Phone: 718-488-1011 250 Bedford Park Blvd. W. tional college majors. Faculty guide moti- de Investigación y Docencia Económicas programs in Business Administration, Ac- E-mail: [email protected] Bronx, NY 10468 vated, self-directed students in their creation (CIDE) in Mexico City, University of To- counting and Financial Management, and Web: www.liu.edu/brooklyn Phone: 877-LEHMAN-1 of distinct concentrations (like majors). kyo Graduate School of Public Policy, and Information Systems Management with Graduate programs: More than 100 E-mail: [email protected] Transfer up to 90 credits, take courses at any Fundação Getulio Vargas (FGV) Escola de many concentration options. Graduate graduate programs encompassing Business, Web: www.lehman.cuny.edu of the 17 colleges and the Graduate Center, Administração de Empresas de São Paulo, Certifi cates in Accounting, Business Ad- Public Administration and Information Graduate programs: Master’s Degrees in study part- or full-time. Use internships, Brazil, as well as dual degrees with other ministration, Financial Analysis and Health Sciences; Education; Health Professions; Anthropology, Art History, Art, Astrono- independent study, study abroad, online Columbia University graduate schools. Services Management. Liberal Arts and Sciences; Nursing; and my, Bilingual Special Education, Biology, classes, honors courses, credit-by-exam and Pharmacy. Continuing Education Pro- Chemistry, Computer Science, Dietetics, credit for life experience. Columbia University Fordham University grams: Certifi cate Programs, Non-Credit Early Childhood Education, Economics, School of Social Work Rose Hill Campus courses and Workshops for Career and Elementary Education and more Columbia University 1255 Amsterdam Avenue, New York, NY Bronx, NY 10458 Personal Development in areas ranging Continuing Education programs: More Columbia Business School 10027 Phone: 718-817-1000 from Business, Computer Technology and than 170 courses, including Bridge to Col- 3022 Broadway, Uris Hall, Room 216 Phone: 212-851-2306 Other campuses: Lincoln Center, New Financial Services to Health and Public lege program, ESL, GED prep, Personal New York, NY 10027 E-mail: [email protected] York, NY; Westchester, West Harrison, NY Services, Legal Studies and Real Estate Development Phone: 212-854-1961 Web: www.socialwork.columbia.edu E-mail: [email protected] E-mail: [email protected] Graduate Programs: Master of Science in Web: www.fordham.edu Long Island University CUNY Medger Evers College Web: www.gsb.columbia.edu Social Work degree majoring in Clinical, Graduate Programs: Programs in the C.W. Post Campus 1665 Bedford Ave. Graduate Programs: Master of Busi- Policy, Social Enterprise Administration Graduate School of Arts and Sciences, the 720 Northern Blvd. Brooklyn, NY 11225 ness Administration (M.B.A.), Executive with Minors in Business, Law, Interna- Graduate School of Business Administra- Brookville, NY 11548 Phone: 718-270-4900 M.B.A., Ph.D. and Executive Education. tional Social Welfare and Public Policy tion, The Graduate School of Education, Phone: 516-299-2900 page S2 Guide to Higher Education

09GUIDE2HiEd.indd 2 10/19/09 12:26:34 PM ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS

E-mail: [email protected] Phone: 1-800-GRAD-LIU dergraduate programs: Bachelor’s Degree Mount Saint Mary College Arts, Fine Arts, Education and Instruc- Web: www.liu.edu/cwpost E-mail: [email protected] completion programs in Organizational 330 Powell Ave. tional Technology, Computer Science, Graduate programs: More than 90 graduate Web: www.liu.edu/westchester Leadership and Communication, Psychol- Newburgh, NY 12550 Information Network and Computer Se- programs in Business, Education, Health Graduate programs: Business Adminis- ogy, Social Work Phone: 845-561-0800 curity, Electrical and Computer Engineer- Professions and Nursing, Information and tration, Education, School Counseling, E-mail: [email protected] ing, Energy Management, Environmental Computer Science, Liberal Arts and Sciences, School Psychology, Library and Informa- Mercy College Web: www.msmc.edu Technology, Business Administration, Nursing, and Visual and Performing Arts. tion Science, Marriage and Family Therapy, 555 Broadway Graduate programs: M.B.A, Education, Human Resources Management and Labor Continuing Education programs: Cer- and Mental Health Counseling. Dobbs Ferry, NY 10522 Nursing Relations, Mental Health Counseling, tifi cate Programs, Non-Credit courses Phone: 800-MERCY-NY Continuing Education programs: Arts and School Counseling and Clinical Nutrition and Workshops for Career and Personal Manhattan College E-mail: [email protected] Nature, CPA Review, Elder Hostel, Finan- (online only) Development in areas ranging from Busi- 1451 Manhattan College Parkway Web: www.mercy.edu cial Planning, Gerontology Professional ness, Computer Technology and Financial Riverdale, NY 10471 Other campuses: Bronx, White Plains and Development, Quality of Life, Technology New York College of Osteopathic Services to Health and Human Services, Phone: 800-MC2-XCEL Yorktown Heights Medicine (NYCOM) of NYIT Legal Studies and Real Estate E-mail: [email protected] Graduate programs: Business and Ac- New York Institute of Technology P.O. Box 8000 Web: www.manhattan.edu counting, Computer Information Systems, (NYIT) Northern Boulevard Long Island University at Graduate programs: 9 Graduate Degrees in Education, Health Professions, Literature, P.O. Box 8000 New York, NY 11568-8000 Riverhead Education and Engineering Language and Communication, Mathemat- Northern Boulevard Phone: 800-345-NYIT 121 Speonk-Riverhead Road – Long Island ics, Social and Behavioral Sciences Old Westbury, NY 11568-8000 Email: [email protected] University Building Manhattanville College Continuing Education programs: Business, Phone: 800-345-NYIT Web: www.nyit.edul/nycom Riverhead, NY 11901-3499 School of Graduate and Professional Studies Communications and Information Tech- Email: [email protected] Graduate Programs: Doctor of Osteo- E-mail: [email protected] 2900 Purchase St. nology, Health Care, Paralegal Studies Web: www.nyit.edu pathic Medicine (D.O.) Web: www.liu.edu/riverhead Purchase, NY 10577 Graduate Programs: Communication Arts, Graduate programs: Homeland Security Phone: 914-694-3425 Metropolitan College of New York Education and Instructional Technology, New York University Master’s Management (online) and Education E-mail: [email protected] School for Management Computer Science, Information Network Program in Global Public Health Advanced Certifi cate in Homeland Security Web: www.manhattanville.edu 431 Canal Street and Computer Security, Electrical and 240 Greene Street, 2nd Floor Management (online) Graduate programs: Human Resources, New York, NY 10013 Computer Engineering, Energy Manage- New York, NY 10003 Continuing Education programs: Real Leadership, Liberal Studies, Management Phone: 800-33THINK ment, Environmental Technology, Clinical Phone: 212-992-MPH1 (6741) Estate Communications, Writing E-mail: [email protected] Nutrition (online), Occupational Therapy, E-mail: [email protected] Continuing Education programs: Non- Web: www.metropolitan.edu Physical Therapy, Physician Assistant, Busi- Web: www.nyu.edu/mph Long Island University profi t Leadership, Society for Human Graduate programs: M.B.A. in General ness Administration, Human Resources Recognizing that no single disciplinary Rockland Graduate Campus Resource Management certifi cation management, M.B.A. in Media Manage- Management and Labor Relations, Mental approach is suffi cient to respond to today’s 70 Route 340 ment MBA in Financial Services Mater of Health Counseling, and School Counseling. complex global health challenges, fi ve Orangeburg, New York 10962 Marist College Public Administration in Public Affairs Continuing Education: Auto-CAD, Art of NYU’s premier professional schools Phone: 845-359-7200 3399 North Road and Administration, Mater of Public and Design, Sustainable Building Advisor (Medicine; Culture, Education, and Human E-mail: [email protected] Poughkeepsie, NY 12601 Administration in Emergency and Disaster Certifi cate, Interior Decoration, Computer Development; Public Service; Social Work; Web: www.liu.edu/rockland Phone: 845-575-3800 Management Software, Professional Development for Dentistry with its College of Nursing) Graduate programs: Business Administra- E-mail: [email protected] Architects and Engineers, Driver Educa- collaboratively offer the Master’s Program tion, Health Administration, Public Ad- Web: www.marist.edu Metropolitan College of New York tion and pre-college architecture programs in Global Public Health, awarding the ministration, Gerontology, Mental Health Graduate programs: Communication, The Audrey Cohen School for Human Services for high school students. Master of Public Health degree (M.P.H.). Counseling, School Counseling, Education Teaching Certifi cation, Mental Health and Education The program prepares professionals who and Pharmaceutics Counseling, School Psychology, Education, 431 Canal Street New York Institute of Technology already hold graduate or professional Continuing Education programs: Cognitive Business Administration, Public Adminis- New York, NY 10013 (NYIT) degrees from multiple disciplines to play Behavioral Therapy, Professional Development tration, MPA for Law Enforcement, Phone: 800-33THINK 1855 Broadway (at 61st street) leadership roles in promoting global health. Seminars, Personal Enrichment and Real Estate Information Systems, Software Develop- E-mail: [email protected] New York, NY 10023-7692 Graduates of this program are uniquely ment, Technology Management Programs Web: www.metropolitan.edu Phone: 800-345-NYIT qualifi ed to lead multidisciplinary initiatives Long Island University with online availability: Graduate programs: Master of Science in Email: [email protected] to enhance the health status of individuals Westchester Graduate Campus Business Administration, Communication, Childhood Education Web: www.nyit.edu and communities around the world. 735 Anderson Hill Road Information Systems, Public Administra- Continuing Education programs: Alcohol Graduate Programs: Architecture in Urban Purchase, NY 10577 tion, Technology Management, Adult Un- and Substance Abuse Counseling: Casac and Regional Design, Communication Motivated to achieve. Determined to succeed.

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New York University Continuing Education programs: more Economics, Management, Management Other campuses: Staten Island, Manhattan Justice, Design, Gerontology, Health Care Gallatin School of Individualized Study than 2,000 noncredit courses in Arts, Science, Marketing Management, Taxation; and Oakdale, NY Management, Health Instruction, Home 715 Broadway, Sixth Floor Business, Career Planning, Construction, Master of Science with concentrations E-mail: [email protected] Care Administration, Hospice, Human New York, NY 10003 Digital Arts, Film, Graphic Design, Human in Accounting, Financial Management, Web: [email protected] Resources, Information Technology Phone: 212-992-9824 Resources, Humanities, Information Human Resources Management, Graduate programs: M.B.A. and Master Applications, Management, Marketing, E-mail: [email protected] Technology, International Studies, Investment Management, Personal of Science Degrees and Advanced Advertising and Public Relations, Medical Web: www.nyu.edu/info/ Languages and Translation, Management, Financial Planning, Taxation; Joint J.D./ Professional Certifi cates in areas Offi ce Management, Programming, gallatin/10masters Marketing, Philanthropy, Social Sciences M.B.A. program with the School of Law of Accounting, Actuarial Science, Training and staff Development and more. Graduate programs: Tailor-made and more Computer Information Systems, interdisciplinary M.A. degree program. Polytechnic Institute of New York Controllership, Decision Sciences, Sarah Lawrence College Working with a faculty adviser, students New York University University (formally Polytechnic Economics and Finance, International Bronxville, New York 10708 take classes in the various NYU graduate School of Law University) Business, Management, Marketing, Risk Phone: 800-888-2858 schools to develop a concentration 110 W. Third St., Six Metro Tech Center Management and Taxation. E-mail: [email protected] integrated around a particular academic New York, NY 10012 Brooklyn, NY 11201 Continuing Education programs: Web: www.sarahlawrence.edu interest, artistic endeavor, or professional Phone: 212-998-6060 Phone: 718-260-3201 Certifi cate Programs, Professional Graduate programs: Art of Teaching, activity. E-mail: [email protected] Other campuses: Melville, NY; Hawthorne, Designation Examination Preparation Child Development, Dance, Health Web: www.law.nyu.edu Westchester, NY; 55 Broad Street, Courses, Seminars and Workshops Related Advocacy, Human Genetics, Theater, New York University Graduate programs: J.D., J.S.D., L.L.M. and Manhattan to Actuarial Science, Insurance, Risk Women’s History, Writing Graduate School of Arts and Science joint degrees E-mail: [email protected] Management Continuing Education programs: One-half Fifth Ave. Web: www.poly.edu Workshops in Editing, Fiction, Memoir New York, NY 10003 New York University Graduate programs: Certifi cate, Master St. John’s University Writing, Magazine Writing, the Personal Phone: 212-998-8050 School of Medicine of Science and Ph.D. degrees in 34 fi elds School of Law Essay, Poetry and Screenwriting E-mail: [email protected] 550 First Ave. of study in Computer Science, Digital 8000 Utopia Parkway Web: www.gsas.nyu.edu New York, NY 10016 Media, Engineering, Financial Engineering, Jamaica, NY 11439 SUNY Downstate Medical Center Graduate programs: 54 programs granting Phone: 212-263-5290 Management, Pure and Applied Sciences and Phone: 718-990-6474 450 Clarkson Avenue advanced degrees, including doctorates, E-mail: [email protected] Technology management/M.B.A and more Other campuses: Staten Island, Manhattan Brooklyn, New York 11203 master’s degrees, and graduate certifi cates Web: www.med.nyu.edu and Oakdale, NY Phone: 718-270-1000 in 200 fi elds of study covering a wide Graduate programs: M.D. and combined Pratt Institute E-mail: [email protected] E-mail: [email protected] range of disciplines and cross-disciplinary M.D./Ph.D 200 Willoughby Ave. Web: [email protected] Web: www.downstate.edu work. Continuing Education programs: medical Brooklyn, NY 11205 Graduate programs: Law Graduate Programs: The College of Certifi cate programs: ergonomics, archives credit hours for Category 1 of the Phone: 718-636-3600 Continuing Education programs: New Medicine offers the M.D. degree and and public history, fi nancial mathematics, Physician’s Recognition Award of the Other campus: 144 W. 14th St. York State Certifi ed Continuing Legal a joint M.D. - Ph.D. with the School museum studies, early music performance, American Medical Association New York, NY 10011-7301 Education of Graduate Studies. The School of poetics and theory, psychotherapy and E-mail: [email protected] Graduate Studies offers Ph.D. degrees in psychoanalysis and trauma and violence New York University Web: www.pratt.edu St. John’s University three programs -- Neural and Behavioral transdisciplinary studies. Silver School of Social Work Graduate Programs: Architecture, Art and The College of Professional Studies Science, Molecular and Cellular Biology, One Washington Square North Design Education, Art Therapy, Arts and 8000 Utopia Parkway and, jointly with Polytechnic University, New York University New York, New York 10003-6654 Cultural Management, City and Regional Jamaica, NY 11439M Biomedical Engineering. The College of Leonard N. Stern School of Business Phone: 212-998-5910 Planning, Communications/Packaging Phone: 718-990-6770 Nursing offers both undergraduate and 44 West Fourth Street E-mail: [email protected] Design, Digital Arts, Dance/Movement E-mail: [email protected] graduate degrees. The College of Health New York, NY 10012 Web site: http://www.socialwork.nyu.edu Therapy, Design Management, Facilities Web: [email protected] Related Professions graduates classes in six Phone: 212-998-0600 Degrees: Master of Social Work (M.S.W.); Management, Fine Arts, Historic Other campuses: Staten Island, Manhattan allied health sub-specialties with degrees E-mail: [email protected] M.S.W./J.D. with NYU School of Law; Preservation, History of Art and Design, and Oakdale, NY ranging from the bachelor’s to doctorate Web: www.stern.nyu.edu M.S.W./M.A. (Child Development) with Industrial Design, Interior Design, Urban E-mail: [email protected] level. The School of Public Health offers Graduate programs: Full-time MBA, Sarah Lawrence College; M.S.W./M.S. Design, and Urban Environmental Systems Web: www.new.stjohns.edu both Master’s and Doctor’s degrees, with Part-time MBA, Executive MBA, TRIUM (Management) with NYU Wagner Management Graduate programs: Master of fi ve areas of concentration. The College of Global Executive MBA, PhD, MS in Global Graduate School of Public Service; Ph.D. Continuing Ed Programs: Certifi cates in Professional Studies in Criminal Justice Medicine also offers Continuing Medical Finance (with HKUST) and Executive MS in Social Work; AIA professional development, Audio- Leadership, Master of Science in Education (C.M.E.) courses to physicians. in Risk Management (with AIF) Certifi cate Programs: Advanced Engineering and Production, Computer- International Communications Continuing Education programs: Executive Clinical Practice, Clinical Approaches Aided Design and Visualization, Computer SUNY College at New Paltz education open enrollment courses in to the Addictions, Clinical Practice Animation and Video, Electronic Imaging St. John’s University 1 Hawk Drive Leadership, Management, Finance and with Adolescents, Clinical Supervision, and Illustration, Electronic Publishing, The School of Education New Paltz, NY 12561 Accounting, Investing, Risk Management, Executive Leadership in the Not-for-Profi t Fine and Decorative Art Appraisal, 8000 Utopia Parkway Phone: 845-257-3285 Strategy and Marketing. Sector, and Palliative and End-of-Life Care. Interactive Video, Photography and Digital Jamaica, NY 11439 E-mail: [email protected] Art, and Project Management Phone: 718-990-2304 (Queens) Web: www.newpaltz.edu/graduate New York University New York University Phone: 718-390-4506 (Staten Island) Graduate programs: Education - Robert F. Wagner Graduate School of The Steinhardt School of Culture, Education, School of Visual Arts Other campuses: Staten Island, Manhattan Childhood; Literacy; Special Education.; Public Service and Human Development 209 East 23rd St. and Oakdale, NY Joint Literacy & Special Education.; The Puck Building 82 Washington Square East New York, NY 10010 E-mail: [email protected] (Queens) Visual Arts; Humanistic/Multi-Cultural; 295 Lafayette Street New York, NY 10003 Phone: 212-592-2100 / 800-436-4204 E-mail: [email protected] Second Language; School Leadership; New York, NY 10012 Phone: 212-998-5030 E-mail: [email protected] (Staten Island) Adolescence Education in Sciences, Phone: 212-998-7414 E-mail: [email protected] Web: www.sva.edu Web: www.new.stjohns.edu Foreign Languages, Mathematics, Social E-mail: [email protected] Web: www.steinhardt.nyu.edu Graduate programs: Master of Arts in Graduate programs: Adolescent Education, Studies, Communication Disorders; Web: www.wagner.nyu.edu Graduate programs: 20 undergraduate Teaching Art Education, Master of Fine Childhood Education, Early Childhood Edu- Nursing; Mental Health Counseling; Music Graduate Programs: (MPA) Public and programs and more than 40 graduate Arts Art Criticism & Writing, Master of cation, Educational Administration and Su- Therapy; Electrical Engineering; Computer Nonprofi t Management and Policy; Health programs offer comprehensive Fine Arts Computer Art, Master of Fine pervision, Rehabilitation Counseling, School Science; Art Studio; Biology; English; Policy and Management; (MUP) Master of professional education in the areas of Arts Design, Master of Fine Arts Fine Counseling, Teaching English to Speakers of Psychology; Business administration; Urban Planning; (MPA) Executive Master education, health, communication, art, Arts, Master of Fine Arts Illustration other languages (T.E.S.O.L.) and more Public Accountancy; Master of Fine Arts of Public Administration; Executive MPA: music, and the arts professions. as Visual Essay, Master of Fine Arts in Ceramics, Metal, Painting/Drawing, Concentration on International Public Photography, Video and Related Media, St. John’s University Printmaking, Sculpture; Certifi cate Service Organizations; Executive MPA: Pace University Master of Professional Studies in Art The College of Pharmacy & Allied Health of Advanced Study in Clinical Nurse Concentration for Nurse Leaders. 1 Pace Plaza Therapy, Master of Professional Studies Professionals specialist, School Leadership, School Dual Degree Programs with the BA, JD, New York, NY 10038 in Digital Photography, Master of Fine 8000 Utopia Parkway Business Leadership. MBA, MD, MA in Hebrew and Judaic Phone: 1-800-874-PACE Arts Design Criticism, Master of Fine Arts Jamaica, NY 11439 Studies, MA in Nursing Administration, E-mail: [email protected] Interaction Design, Master of Fine Arts Phone: 718-990-1601 SUNY College at Old Westbury and MSW degrees; (PhD) Doctoral Studies Web: www.pace.edu Social Documentary Film E-mail: [email protected] School of Business in Public Policy, Management, or Finance. Graduate programs: Computer Science Web: www.stjohns.edu Route 107 Areas of study include: Public Policy and Information Systems, Counseling, St. John’s University Graduate programs: Master of Science Old Westbury, NY 11568 Analysis; Financial Management and Public Education, Environmental Science, College of Liberal Arts and Sciences (M.S.) in Pharmaceutical Sciences; Phone: 516-876-3073 Finance; International Development; Internet Technology, Law, Nursing, 8000 Utopia Parkway M.S. in Toxicology; M.S. in Pharmacy E-mail: [email protected] Health Services Management; Health Psychology, Public Administration, Jamaica, NY 11439 Administration; M.S. in Biological & Web: www.oldwestbury.edu Policy Analysis; Health Finance; Publishing, Telecommunications, Software Phone: 718-990-1601 Pharmaceutical Biotechnology; Ph.D. in Graduate programs: Accounting International Health; Environment, Development Other campuses: Staten Island, Manhattan Pharmaceutical Sciences; Master of Library Continuing Education programs: Russian Infrastructure, and Transportation Continuing Education programs: and Oakdale, NY Sciences (M.L.S.) and Pharmaceutical and Spanish for Medical Professionals Planning; Economic Development and Accounting, Arts and Humanities, E-mail: [email protected] Sciences (Combined Double Major) Housing Policy; Applied Economics; Social Business and Communication, Career Web: www.new.stjohns.edu SUNY College at Purchase Entrepreneurship. Counseling, Computer Training, English Graduate programs: Asian studies, St. Joseph’s College 735 Anderson Hill Road for Professionals, Foreign Languages, Biological Sciences, Chemistry, English, 245 Clinton Ave. Purchase, NY 10577-1400 New York University International Trade, Legal Nursing, Real Government and Politics, history, language Brooklyn, NY 11205 Phone: 914-251-6000 School of Continuing and Professional Studies Estate, Personal and Career Development, and literature, Latin, Library Science, Math, Phone: 718-636-6868 / 631-447-3300 E-mail: [email protected] 145 Fourth Ave., Room 201 Teaching, Test Prep, Writing Psychology, Sociology, Speech, Theology Other campus: Patchogue, NY Web: www.purchase.edu New York, NY 10003 and more E-mail: [email protected] Graduate programs: Art History, Dance Phone: 212-998-7200 Pace University Continuing Education programs: Programs Web: www.sjcny.edu Choreography, Instrumental Performance, E-mail: [email protected] Lubin School of Business and Certifi cates in Asian studies, Biological Graduate programs: Master of Arts Jazz Studies, Opera Studies, Studio Web: www.scps.nyu.edu 1 Pace Plaza Sciences, Chemistry, English, Government in Infant/Toddler Early Childhood Composition, Visual Arts; Painting and Graduate programs: Construction New York, NY 10038 and Politics, History, Language and Literature, Special Education, Master of Science Drawing, Printmaking, Sculpture and 3-D Management, Digital Imaging and Phone: 1-800-874-PACE Latin, Library Science, Math, Psychology, in Management, M.B.A. in Health Care Media, Design, Direct and Interactive Marketing, Other campus: White Plains, NY Sociology, Speech, Theology and more Management, Master of Arts in Literacy Continuing Education programs: Arts Hospitality Industry Studies, Instructional E-mail: [email protected] and Cognition, Master of Science with a Management, Child Care, Early Childhood Design, Management and Systems, Web: www.pace.edu St. John’s University major in Nursing, M.B.A. in Accounting, Development, Economics, Environmental Publishing, Real Estate, Sports Business, Graduate programs: M.B.A. with Peter J. Tobin College of Business Executive M.B.A. Management, Fund Raising and Tourism and Travel Management, Systems concentrations in Accounting, Financial 8000 Utopia Parkway Continuing Education programs: Philanthropy Administration; Offers 7 industry specifi c Management, Information Systems, Jamaica, NY 11439 Certifi cates in Alcoholism and Addictions graduate certifi cates International Business, International Phone: 718-990-1345 Counseling, Business, Counseling, Criminal page S4 Guide to Higher Education

09GUIDE2HiEd.indd 4 10/19/09 12:26:35 PM ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS

SUNY Fashion Institute of and certifi cate programs in Art, Art Graduate programs: Architecture, Archi- The New School Touro College Technology Therapy/Counseling, Career Develop- tecture and Lighting Design, Design and The New School for Drama Graduate School of Psychology Seventh Avenue at 27th Street ment, Communication Studies, Education- Technology, Fine Arts, History of Decora- 151 Bank St. 43 West 23rd Street. New York, NY 10010 New York, NY 10001 al Leadership, Gerontology, Mental Health tive Arts and Design, Interior Design, New York, NY 10014 Phone: 212-463-0400, ext. 552 Phone: 212-217-7999 Counseling, School Counseling, School Lighting Design, Photography. Phone: 212-229-5859 Web: www.touro.edu/grad E-mail: fi tinfo@fi tsuny.edu Psychology, and Teacher Education. Continuing Education programs: Fashion E-mail: DRAMAadmissions@newschool. Graduate Programs: Master of Science Web: www.fi tnyc.edu Studies, Fine Arts, Graphic and Digital De- edu degrees in School Psychology; and Mental Graduate Programs: Master of Arts in Art The Cooper Union sign, Interior Design, Architecture Studies, Web: www.newschool.edu/drama Health Counseling Market: Principles and Practices; Exhibi- 30 Cooper Square summer intensive programs. Graduate programs: Acting, Directing, tion Design; Fashion and Textile Studies: New York, NY 10003 Playwriting. Touro College History, Theory, Museum Practice; and Phone: 212.353.4120 The New School Graduate School of Business Illustration. Master of Professional Studies E-mail: [email protected]/continu- Milano The New School for Management and The New School 65 Broadway; Suite 200 programs in Cosmetics and Fragrance [email protected] Urban Policy Mannes College The New School for Music New York, NY 10006-2552 Marketing, Management; and Global Fash- Web site: www.cooper.edu 72 Fifth Ave. 150 West 85th St. Phone: 212-742-8770 ion Management. Executive Education Graduate programs: M.E. for students en- New York, NY 10011 New York, NY 10024 E-mail: [email protected] programs for senior professionals. rolled in ABET accredited Cooper Union Phone: 212-229-5462 Phone: 212-580-0210 Web: www.touro.edu/gsb Continuing Education programs: Continu- engineering programs, or for applicants E-mail: [email protected] E-mail: mannesadmissions@newschool. Programs: MBA with Concentrations in ing and Professional Studies provides from an ABET accredited institution; Web: www.newschool.edu/milano edu Entrepreneurship, International Business credit, non-credit, certifi cate, and evening/ Master of Architecture (post professional); Graduate programs: Nonprofi t Manage- Web: www.newschool.edu/mannes Finance, Management. Master of Science weekend degree programs, as well as cus- continuing education classes in profes- ment, Organizational Change Manage- Graduate programs: Master of Music and in Accounting, International Business tomized corporate offerings through the sional development, green building design ment, Urban Policy Analysis and Manage- Professional Studies Diploma in Orchestral Finance, International Business Finance Center for Innovation Management. for architects and engineers, drawing and ment; Ph.D. in Public and Urban Policy Instruments, Piano, Harpsichord, Vocal with a specialization in Banking painting, calligraphy and typography, knit- Accompaniment for Pianists, Orchestral SUNY Stony Brook ting and crocheting, art history, photogra- The New School and Choral Conducting, Voice, Classical Touro College Stony Brook University phy, book arts, writing, fi nance and foreign The New School for General Studies Guitar, Composition, Theory. Graduate School of Social Work Stony Brook languages. 72 Fifth Ave. Extension Programs: instrumental and 43 West 23rd Street NY 11794 New York, NY 10011 vocal performance, composition, theory, New York, NY 10010 Phone: 631-632-6000 The New School Phone: 212-229-5630 / 800.862.5039 music history, early music, opera, music Phone: 212-463-000, ext. 338 Web: www.stonybrook.edu The New School for Social Research E-mail: [email protected] technology, and career development E-mail: [email protected] Graduate programs: Articulation agree- The New School Web: www.newschool.edu/generalstudies Web: www.touro.edu/grad ments with other institutions in education The New School for Social Research Graduate programs: Creative Writing, Touro College Program: Master of Social Work (MSW) administration, Master of Library Science 72 Fifth Avenue International Affairs, Media Studies, Graduate School of Education at Queens College; Master or Art in Liberal New York, NY 10011 Teaching English to Speakers of Other 43 West 23rd Street Touro College Arts, Master of Arts in Teaching; Post Phone: 212-229-5710 / 800-523-5411 Languages (TESOL). New York, NY 10010 Graduate School of Jewish Studies Baccalaureate in Biomedical Engineer- E-mail: socialresearchadmit@newschool. Continuing Education programs: more Phone: 212-463-0400, ext. 399 43 West 23rd Street ing, Pre-Dental/Premedical; 11 graduate edu than 1,000 courses and certifi cate E-mail: [email protected]; New York, New York 10010 certifi cates Web: www.newschool.edu/nssr programs in Business and Management, [email protected] Phone: 212-463-0400, ext. 472 Continuing Education programs: Career Graduate programs: Anthropology, Eco- Creative Arts Therapies (certifi cate), Web: www.touro.edu/grad E-mail: [email protected] Development, Computer Training, Senior nomics, Historical Studies, Liberal Studies, Documentary Media Studies (certifi cate), Graduate Programs: Master of Science Web: www.touro.edu Programs, Teacher Certifi cation Philosophy, Political Science, Psychology, English as a Second Language (certifi cate), degrees in General Education and Special Graduate program: Master of Arts in Sociology English Language Studies, Film Produc- Education, School Leadership, Teaching Jewish Studies The College of New Rochelle tion (certifi cate), Food Studies, Foreign Literacy, Teaching English as a Second Graduate School The New School Languages, Humanities, Jewish Cultural Language (TESOL), Instructional Tech- Touro College 29 Castle Place Parsons The New School for Design Studies, Media Management (certifi cate), nology; Bilingual Advanced Certifi cate Graduate School of Technology New Rochelle, NY 10805 72 Fifth Avenue Media Studies and Film, Screenwriting Program in Special Education and Speech Room 337 Phone: 914-654-5254 New York, NY 10011 (certifi cate), Social Sciences, Teaching & Hearing Handicapped, and Bilingual 27 West 23rd Street, Email: [email protected] Phone: 212-229-8989 English (certifi cate), Visual and Performing Advanced Certifi cate Program in School New York, NY 10010 Web: www.cnr.edu Email: [email protected] Arts, Writing. Psychology Phone: 212-463-0400, ext. 462 Graduate programs: More than 31 degree Web: www.newschool.edu/parsons E-mail: [email protected]

October 2009 page S5

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Web: www.touro.edu/msis Yeshiva University Drew University E-mail: [email protected] Rutgers, The State University of Programs: Master of Science in Azrieli Graduate School of Jewish Education and Caspersen School of Graduate Studies Web: www.njcu.edu New Jersey Information Systems with concentrations Administration 36 Graduate programs: Early childhood, Graduate School-Newark University Heights in Database and Data Communications 500 West 185th Street, BH311 Madison, NJ 07940 Educational Leadership, Educational 401 Hill Hall New York, NY 10003 Phone: 973-408-3110 Technology, Literacy Education, 360 Martin Luther King Jr. Blvd. Touro College Phone: 212-960-0186 E-mail: [email protected] Multicultural Education, Special Newark, NJ 07102 School of Health Sciences E-mail: [email protected] Web: www.drew.edu/grad Education, Urban Education Phone: 973-353-5834 1700 Union Boulevard Web: www.yu.edu/azrieli Graduate Programs: Masters Degrees in: Continuing Education program: ESL, E-mail: [email protected] Bay Shore, NY 11706 Graduate Programs: MS in Elementary Teaching, Poetry, History, Arts & Letters, Bilingual Education Web: www.rutgersnewark.rutgers.edu/ Phone: 866-Touro4U Jewish Education, MS in Secondary Jewish Medical Humanities. Doctoral Degrees in: gradnwk E-mail: [email protected] Education, Specialist’s Certifi cate, EdD- Arts & Letters, Medical Humanities. New Jersey City University Graduate programs: Graduate Degrees Web: www.touro.edu/shs Doctor of Education College of Professional Studies in 15 areas of study; seven Graduate Programs: Doctor of Physical Therapy, Drew University 2039 Kennedy Blvd. Certifi cates; and 14 Ph.D. programs Post Professional, Master of Science, Yeshiva University Theological School Jersey City, NJ 07305 Occupational Therapy; Master of Science, Benjamin N. Cardozo School of Law 36 Madison Avenue Phone: 887-NJCUGRAD Rutgers, The State University of Physician Assistant Studies (Manhattan); 55 Fifth Avenue Madison, NJ 07940 E-mail: [email protected] New Jersey Master of Science, Speech-Language New York, NY 10003 Phone: 973-408-3111 Web: www.njcu.edu Graduate School-New Brunswick Pathology (Brooklyn) E-mail: [email protected] E-mail: [email protected] Graduate programs: Accounting, Criminal 25 Bishop Place Web: www.cardozo.yu.edu Web: www.drew.edu/theo Justice, Health Sciences, Finance, New Brunswick, NJ 08901-1181 Touro College Graduate Programs: Master of Laws in Graduate Programs: Doctor of Professional Security Studies, Nursing Phone: 732-932-7034 Jacob D. Fuchsberg Law Center General Studies, Intellectual Property, and Philosophy, Doctor of Ministry, Master of Continuing Education programs: E-mail: [email protected] 225 Eastview Drive Comparative Legal, Juris Doctor degree Divinity, Master of Theological Studies, Noncredit classes, seminars and workshops Web: www.gsnb.rutgers.edu/index.php3 Central Islip, NY 11722 Master of Arts, Master of Arts in Ministry, Graduate programs: 54 Doctoral programs Phone: 631-761-7010 Yeshiva University Master of Sacred Theology New Jersey Institute of and 49 Master’s programs in the Arts and E-mail: [email protected] Bernard Revel Graduate School of Jewish Studies Technology Sciences Web: www.tourolaw.edu 500 West 185th Street, BH108 Fairleigh Dickinson University University Heights Continuing Education programs: 15 Programs: Juris Doctor degree (full-time New York, NY 10003 1000 River Road, H-DH3-10 Newark, NJ 07102 Certifi cate programs in Arts and Sciences and part-time programs); Juris Doctor/ Phone: 212-960-5253 Teaneck, NJ 07666 Phone: 973-596-3300 MBA with Dowling College and Long E-mail: [email protected] Phone: 800-FDU-8803 E-mail: [email protected] Rutgers, The State University of Island University; Juris Doctor/Master of Web: www.yu.edu/revel Other campus: Madison, NJ Web: www.njit.edu New Jersey Public Administration with Long Island Graduate Programs: Master of Arts in E-mail: [email protected] Graduate programs: 41 Master’s and 19 Graduate School of Education University; Juris Doctor/Master of Science Bible, Medieval Jewish History, Modern Web: www.fdu.edu Doctoral Degree programs offered within 10 Seminary Place with Stony Brook University; Mater of Jewish History, Jewish Philosophy, and Graduate programs: Business, Civics, the Newark College of Engineering, New New Brunswick, NJ 08901-1183 Law degree Talmudic Studies; Doctor of Philosophy Communication Arts, Computer Jersey School of Architecture, College Phone: 732-932-7496 Continuing Education programs: in Bible, Jewish History, and Jewish Technology, Health and Medicine, of Science and Liberal Arts, School of E-mail: [email protected] Continuing Legal Education programs Philosophy. Psychology, Sciences Management, and College of Computing Web: www.gse.rutgers.edu Continuing Education programs: Business, Sciences. Graduate programs: Doctor of Education, Touro College Yeshiva University Computer Technology, Education Continuing Education programs: Master of Education Touro College of Osteopathic Medicine Ferkauf Graduate School of Psychology Numerous Graduate Certifi cate programs Continuing Education programs: (TOUROCOM) Rousso Building Monmouth University offered either online or on-campus, during Educational Psychology, Educational 230 West 125th Street 1165 Morris 400 Cedar Avenue the day, evening or weekend. Theory, Policy and Administration, New York, New York 10027 Bronx, NY 10461 West Long Branch, NJ 07764 Learning and Teaching Phone: 646-981-4556 Phone: 718-430-3850 Phone: 732-571-3400 Princeton University E-mail: [email protected] Web: www.yu.edu/ferkauf E-mail: [email protected] Princeton University Graduate School Rutgers, The State University of Web: www.touro.edu/med Graduate Programs: Clinical Psychology, Web: www.monmouth.edu Clio Hall New Jersey Graduate Programs: 4-year program Clinical Psychology w/Health Emphasis, Graduate programs: Master’s Degrees Princeton, NJ 08544 Offi ce of Continuous Education and Outreach leading to the degree of Doctor Mental Health Counseling, School-Clinical in Computer Science, Corporate and Phone: 609-258-3030 Old Queens of Osteopathic Medicine (D.O.). Child, School Psychology. Public Communication, Criminal Justice, E-mail: [email protected] 83 Somerset St. Touro College; Master of Science in Education Web: www.gradschool.princeton.edu New Brunswick, NJ 08901 Interdisciplinary Studies for those Yeshiva University (MAT, accelerated MAT, MEd, MSEd), Graduate programs: Ph.D. in Architecture, Phone: 732-932-5937 interested in fulfi lling the prerequisite Wurzweiler School of Social Work English, Financial Mathematics, History, Engineering, Humanities, International E-mail: [email protected] requirements to become an osteopathic 500 West 185th Street, BH912 Liberal Arts, Mental Health Counseling, Affairs and Public affairs, natural sciences, Web: www.ce1766.rutgers.edu physician or enter other allied health New York, NY 10033 Nursing, Psychological Counseling, Public social sciences; Master’s degrees in Continuing Education programs: professions E-mail: [email protected] Policy, Software Engineering, Social Architecture, Engineering, Finance, Near More than 30 departments, including Web: www.yu.edu/Wurzweiler Work; three M.B.A. programs (including Eastern studies, international and public Construction Management, Elementary Wagner College Graduate Programs: Master of Social accelerated MBA); Graduate and Post- affairs School Education, Engineering 1 Campus Road Work, Doctor of Philosophy in Social Master’s Certifi cates Continuing Education programs: Management, Landscape Gardening, Staten Island, NY 10301 Welfare advanced training, back to school, career Microsoft Offi ce Workshop, Network Phone: 800-221-1010 / 718-390-3411 Continuing Education: Certifi cate in Jewish Montclair State University change, graduate or professional school Technician Training, Process Management, E-mail: [email protected] Communal Service 1 Normal Avenue, Montclair, NJ 07043 preparation, personal enrichment Software Programming, Registered Web: www.wagner.edu Phone: 973-655-4000 Nursing and more Graduate programs: Master’s Degrees in E-mail: [email protected]> Ramapo College of New Jersey Accounting, Business Administration, Web: www.montclair.edu 505 Ramapo Valley Road Rutgers, The State University of Education, Microbiology, Nursing, and NEW JERSEY Graduate programs: Montclair State Mahwah, NJ 07430 New Jersey Advanced Physician Assistant University offers doctoral degrees, master’s Phone: 201-684-7500 Rutgers Business School Continuing Education programs: Executive Berkeley College degrees, certifi cates and certifi cation E-mail: [email protected] Engelhard Hall MBA, Certifi ed Financial Planner, Human 44 Rifl e Camp Road programs n nearly 100 fi elds of study. Web: www.ramapo.edu Room 115 Resource Management, and Emergency West Paterson, NJ 07424 The Graduate School provides focused, Graduate programs: Master of Arts in 190 University Ave. Management. Phone: 800-446-5400, x G28 fast-moving programs that accommodate Liberal Studies, Master of Science in Newark, New Jersey 07102 Other campuses: White Plains, NY; 130 the unique needs of graduate students by Educational Technology and Nursing Phone: 973-353-1234 Yeshiva University William St. NYC; West Paterson, NJ; offering day, evening, weekend, and hybrid Continuing Education programs: Air Other campuses: Piscataway, NJ; New Albert Einstein College of Medicine Paramus, NJ; Woodbridge, NJ; Newark,NJ courses. Force Reserve Offi cer Training, Pre-Law Brunswick, NJ Belfer Education Center, Room 211 E-mail: [email protected] Doctoral programs are offered in program, Pre-Med and Pre- E-mail: [email protected] 1300 Morris Park Avenue Web: www.berkeleycollege.edu Audiology, Pedagogy, Counselor Health Programs, Teacher Education Web: www.business.rutgers.edu Bronx, NY 10461 Continuing Education programs: Education, Mathematics Pedagogy and Program Graduate programs: Full and part- Phone: (718) 430-2106 Corporate Learning Partnerships Environmental Management. time M.B.A. programs; Executive E-mail: [email protected] Master’s degree programs are offered in Rider University M.B.A; International Executive M.B.A.; Web: www.aecom.yu.edu Caldwell College areas as diverse as accounting and theatre. 2083 Lawrenceville Road Professional Accounting in M.B.A.; Graduate Programs: Anatomy and 120 Bloomfi eld Ave. Graduate certifi cate programs range Lawrenceville, NJ 08638 Six joint M.B.A. programs; Post- Structural Biology, Anesthesiology, Caldwell, NJ 07006 teaching certifi cates to a certifi ed drug and Phone: 609-896-5000 M.B.A. Certifi cate; Master’s Degrees Biochemistry, Cardiothoracic Surgery, Phone: 973-618-3408 alcohol counselor to American Dietetic email: [email protected] in Quantitative Finance, Financial Cell Biology, Dentistry, Developmental E-mail: [email protected] Association. Web: www.rider.edu Accounting, Governmental Accounting, and Molecular Biology, Emergency Web: www.caldwell.edu Graduate Programs: Business - MBA; Taxation; and Ph.D. in Management Medicine, Epidemiology & Population Graduate programs: Counseling New Jersey City University Master in Accountancy, & Executive MBA. Continuing Education programs: Health, Family and Social Medicine, Psychology (including Art Therapy, College of Arts and Science Education; Organizational Leadership; Certifi cate in Financial Planning (CFPTM), Medicine, Microbiology & Immunology, Mental Health and School Counseling); 2039 Kennedy Blvd. Music and Counseling - Master degree and Mini- M.B.A.TM Certifi cate, and various Genetics, Molecular Pharmacology, Education (Administration, Applied Jersey City, NJ 07305 certifi cate programs. leadership programs Leo M. Davidoff Department of Behavior Analysis, Curriculum and Phone: 877-NJCUGRAD Neurological Surgery, The Saul R. Instruction, Special Education); M.B.A. E-mail: [email protected] Rutgers, The State University of Rutgers, The State University of Korey Department of Neurology, (General, Non-profi t or Accounting Web: www.njcu.edu New Jersey New Jersey Dominick P. Purpura Department Specialties); Pastoral Ministry Adult UG Graduate programs: Art, Counseling, Edward J. Bloustein School of Planning and School of Communication, Information and of Neuroscience, Nuclear Medicine, programs: Liberal Studies Interdisciplinary Educational Psychology, Mathematics Public Policy Library Science Obstetrics & Gynecology and Women’s Program, and Most Traditional Majors, Education, Music Education, Music, Civic Square Building 65 Davidson Rd. Health, Ophthalmology and Visual Post-Baccalaureate Certifi cates in Applied Performance, School Psychology (P.D.) 33 Livingston Ave., Suite 300 Piscataway, NJ 08854 Sciences, Otorhinolaryngology, Behavior Analysis, Special Education, Continuing Education programs: New Brunswick, NJ 08901 Phone: 732-932-INFO Pathology, Pediatrics, Physiology & Teacher Certifi cation, and Pastoral Counseling and Student Personnel Phone: 732-932-5475 E-mail: [email protected] Biophysics, Psychiatry and Behavioral Ministry, and Post-Master’s Supervisor’s Services Certifi cation, School Psychology E-mail: [email protected] Web: www.scils.rutgers.edu Sciences, Radiation Oncology, Radiology, and Principal Certifi cates, and in Certifi cation Web: www.policy.rutgers.edu Graduate programs: Master’s in The Arthur S. Abramson Department Mental Health, Art Therapy and School Graduate programs: City and Regional Communication and Information Studies, of Rehabilitation Medicine, Surgery, Counseling. New Jersey City University Planning, Public Affairs and Politics, Public Master’s in Library and Information Systems & Computational Biology and College of Education Health, Public Policy, Regional Studies; Science, Ph.D. in Communication, Urology. 2039 Kennedy Blvd. Ph.D.s in Public Health, Urban Planning Information and Library Studies Jersey City, NJ 07305 and Policy Development Continuing Education programs: Phone: 887-NJCUGRAD Professional Development page S6 Guide to Higher Education

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Rutgers, The State University of E-mail: [email protected] Fairfi eld University Fairfi eld University in professional studies, certifi cate and New Jersey Web: www.wpunj.edu School of Nursing University College personal enrichment programs. School of Law Graduate programs: Art, Applied 1073 N. Benson Road 1073 N. Benson Road Center for Law & Justice Sociology, Biology, Biotechnology, Fairfi eld, CT 06824 Fairfi eld, CT 06614 Sacred Heart University 123 Washington St. Business, Clinical and Counseling Phone: 203-254-4150 Phone: 203-254-4110 College of Arts & Sciences Newark, NJ 07102 Psychology, Communication Disorders, E-mail: graded@fairfi eld.edu Email: ucadvise@fairfi eld.edu 5151 Park Avenue Phone: 973-353-5557 Curriculum and Learning, Educational Web: www.fairfi eld.edu/son Web: www.fairfi eld.edu/uc Fairfi eld, CT 06825 E-mail: [email protected] Leadership, Elementary Education, Graduate programs: Clinical Nurse Leader, Continuing Ed Degree Programs Phone: 203-365-7619 Web: http://law.newark.rutgers.edu/main. English, Exercise and Sport Studies, Healthcare Management, Nurse Anesthesia, (part time and full time): B.A/B.S. Email: [email protected] html History, Media Studies, Music, Nursing, Nurse Practitioner (Family, Psychiatric) Degree completion, bachelor degree Web: www.sacredheart.edu/cas Graduate programs: Juris Doctor; options Professional Counseling, Public Policy include Business and Transactional and International Affairs, Reading, Law, International Studies and Public Special Education; Numerous educational Interest Law, with Interdisciplinary and certifi cation and endorsement programs Joint Degree Programs in Business Continuing Education Programs: Business, Administration, Criminal Justice, Medicine, Education, Technology, Healthcare and Political Science, Urban Planning Nursing, Workforce Development, Test Preparation Rutgers, The State University of New Jersey School of Management and Labor Relations Department of Human Resource Management CONNECTICUT 94 Rockafeller Rd., Piscataway, NJ 08854 Albertus Magnus College Phone: 732-445-5997 700 Prospect St. E-mail:[email protected] New Haven, CT 06511 Web: www.mhrm.rutgers.edu Phone: 203-773-8550 Graduate programs: Master of Human E-mail: [email protected] Resource Management and Master of Web: www.albertus.edu Labor and Employment Relations; Ph.D. in Graduate Programs: Master of Arts in Art Human Resources and Industrial Relations Therapy, Master of Arts in Liberal Studies, for Teaching and Research M.B.A., Master of Science in Management, Information Systems Management, Master Saint Peter’s College of Arts in Leadership, Master of Science 2641 Kennedy Blvd. in Education Jersey City, NJ 07306 Phone: 201-761-7100 Fairfi eld University Other campuses: Englewood Cliffs, NJ College of Arts and Sciences E-mail: [email protected] 1073 N. Benson Road Web: www.spc.edu Fairfi eld, CT 06824 Graduate programs: M.B.A., Master’s Phone: 203-254-4184 Degrees in Accountancy and Education, E-mail: gradadmis@fairfi eld.edu Master of Science in Nursing Web: www.fairfi eld.edu/grad Continuing Education Programs: Graduate Programs: American Studies, Accountancy, Business Management, Communication, Master of Fine Arts in Criminal Justice, Elementary Education, Creative Writing, Mathematics Professional Studies, Nursing, Urban Studies-Public Policy; Professional Fairfi eld University Education Certifi cations: Supervisor, The Charles F. Dolan School of Business Teaching, School Business Administration. 1073 N. Benson Road Fairfi eld, CT 06824 Seton Hall University Phone: 203-254-4000 ext. 2290 Stillman School of Business E-mail: gradadmis@fairfi eld.edu Jubilee Hall Web: www.fairfi eld.edu/mba 400 South Orange Ave. Graduate programs: MBA with South Orange, NJ 07079 concentrations in Accounting, Finance, Phone: 973-761-9262 Information Systems and Operations E-mail: [email protected] Management, International Business, Web: www.business.shu.edu Management, or Marketing. Graduate Programs: MBA specializations Master of Science Accounting, Master in Accounting, Finance, Information of Science Finance, Master of Science Technology Management, International Taxation Business, Management, Marketing, Pharmaceutical Management and Sport Fairfi eld University Management. Master of Science in Graduate School of Education & Allied Accounting, Professional Accounting and Professions Taxation, Dual-degree Programs including 1073 N. Benson Road M.B.A./Juris Doctor, M.B.A./Master Fairfi eld, CT 06824 of Arts in Diplomacy and International Phone: 203-254-4250 Leaders Relations, and M.B.A./Master of Science E-mail: gradadmis@fairfi eld.edu in Nursing; Graduate certifi cate in Web: www.fairfi eld.edu/gseap Entrepreneurship. Visit www.shu.edu for Graduate programs: Applied Psychology, don’t always all graduate programs. 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Continuing Education programs: Fairfi eld, CT 06824 Certifi cate programs in similar fi elds Phone: 203-254-4147 Apply now and begin classes this Spring! E-mail: graded@fairfi eld.edu as graduate programs; additional Visit www.sps.cuny.edu/MS or call 212.652.CUNY (2869) for more information. programs in Jewish-Christian studies, Web: www.fairfi eld.edu/soe Lamaze Childbirth Educator, Nonprofi t Graduate programs: Electrical and Management, Pastoral and Youth Ministry, Computer Engineering, Management of Sports Psychology and more Technology, Mechanical Engineering, Software Engineering William Paterson University 300 Pompton Road Wayne, NJ 07470 Phone: 973-720-2000 October 2009 page S7

09GUIDE2HiEd.indd 7 10/19/09 12:26:35 PM ADVERTISING SUPPLEMENT TO CRAIN’S NEW YORK BUSINESS

Graduate Programs: Chemistry, Computer Engineering (M.S.), Mechanical 181 White St., and Information Science, Criminal Justice, Engineering (M.S.), Technology Danbury, CT 06810 Religious Studies, Management (M.S.), and Computer Phone: 877-837-WCSU Graduate Certifi cates (Computer and Science and Engineering (Ph.D.) E-mail: [email protected] Information Science), IT and Network Web: www.wcsu.edu/sps Security, Information Technology; University of New Haven Graduate programs: Doctor of Education Interactive Multimedia, Database, Web College of Arts and Sciences in Instructional Leadership, Master Development 300 Boston Post Road of Science in Education, Counselor West Haven, CT 06516 Education, Nursing Sacred Heart University Phone: 800-DIAL-UNH Continuing Education programs: John F. 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Don’t miss the Management, Catholic Studies, Catholic University of New Haven New Haven, CT 06511 Theological Studies, Computer Science University College Phone: 203-432-5932 opportunity to network with these elite women. & Information Technology, Project 300 Boston Post Road E-mail: [email protected] Management, Financial Management, West Haven, CT 06516 Web: www.mba.yale.edu For a list of the honorees, please visit www. Financial Planning, Registered Paraplanner Phone: 800-DIAL-UNH Graduate programs: M.B.A. Program; Program E-mail: [email protected] M.B.A. for Executives Program tailored for crainsnewyork.com/powerfulwomen. Web: www.newhaven.edu/ Health Care Professionals; Ph.D. Program Southern Connecticut State universitycollege/ in Accounting, Finance, Marketing; University Graduate programs, Part-time & Executive Education Programs; Joint- School of Graduate Studies Accelerated Undergraduate and Graduate Degree M.B.A.s with Yale Schools of Engleman Hall, Room 103C Programs, Corporate Training, and K-12 Law, Forestry and Environmental Studies, 501 Crescent St. Outreach Medicine, Public Health, Architecture, New Haven, CT 06515 Drama, Divinity, and The Graduate School Phone: 800-448-0661 Western Connecticut State of Arts and Sciences E-mail: [email protected] University Web: www.southernct.edu/grad Ancell School of Business Yale University Graduate Programs: Over 40 graduate 181 White St., Yale University Law School programs Danbury, CT 06810 127 Wall St. Continuing Education Programs: Phone: 877-837-WCSU New Haven, CT 06511 Professional Studies for Registered Nurses, E-mail: [email protected] Phone: 203-432-4992 Enrichment Courses for seniors aged 62 Web: www.wcsu.edu/asb E-mail: [email protected] $250 for individual tickets and over Graduate programs: M.B.A., Master of Web: www.law.yale.edu Health Administration, Master of Science Graduate programs: Juris Doctor, Master $2,500 for tables of ten University of Bridgeport in Justice Administration of Laws, Master of Studies in Law, Doctor 126 Park Avenue of the Science of Law Wahlstrom Library, Sixth Floor Western Connecticut State Bridgeport, CT 06604 University Yale University Phone: 800-EXCEL-UB School of Arts and Sciences Yale University School of Medicine Other campuses: Stamford and Waterbury, 300 Warner Hall, 181 White St. Edward S. Harkness Hall CT Danbury, CT 06810 367 Cedar St. E-mail: [email protected] Phone: 877-837-WCSU New Haven, CT 06510 Web: www.bridgeport.edu E-mail: [email protected] Phone: 203-785-2643 Sponsored by Graduate programs: M.B.A., Counseling Web: www.wcsu.edu/artsci E-mail: [email protected] and Human Resources (M.S.), Education Graduate programs: Master Arts in Web: www.info.med.yale.edu/ysm (M.S.), Education Certifi cation (M.S.), Biological and Environmental Sciences, Graduate programs: Master of Medical Education 6th Year (M.S.), Instructional Earth and Planetary Sciences, English, Science Degree, M.D. Degree, Joint Technology (M.S.), Educational History, Mathematics, Mathematics M.D./M.B.A. Program, Joint M.D./Ph.D. Leadership (Ed.D.), Acupuncture (M.S.), (Computer Science option), Masters of Degree; Master of Public Health, Doctor Chiropractic (D.C.), Naturopathic (N.D.), Fine Arts in Professional Writing of Public Health; Ph.D. in Biological Human Nutrition (M.S.), Dental Hygiene and Biomedical Sciences; Ph.D. in (M.S.), Global Development and Peace Western Connecticut State Epidemiology and Public Health (M.A.), Computer Engineering (M.S.), University Computer Science (M.S.), Electrical School of Professional Studies page S8 Guide to Higher Education

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PUBLIC & LEGAL NOTICES REAL ESTATE

Notice of Qualification of AIG Equity Notice of Qualification of ELK MAN- Notice of Qualification of Capital AUCTION Sales LLC. Authority filed with Secy. HASSET LLC. Authority filed with Royalty L.P. Authority filed with NY of State of NY (SSNY) on 10/01/09. Secy. of State of NY (SSNY) on Dept. of State on 10/6/09. Office loca- Office location: NY County. LLC 10/01/09. Office location: NY County. tion: NY County. Princ. bus. addr.: formed in Delaware (DE) on LLC formed in Delaware (DE) on 1000 Main St., Houston, TX 77002. 10/01/09. Princ. office of LLC: 70 09/29/09. Princ. office of LLC: 489 LP formed in DE on 4/4/03. NY Sec. Pine St., NY, NY 10270. SSNY desig- Fifth Ave., 7th Fl., NY, NY 10017. of State designated as agent of LP nated as agent of LLC upon whom SSNY designated as agent of LLC upon whom process against it may process against it may be served. upon whom process against it may be served and shall mail process to: SSNY shall mail process to c/o be served. SSNY shall mail process c/o CT Corporation System, 111 8th Corporation Service Co., 80 State to Elias Kalimian ELK Investors at the Ave., NY, NY 10011, regd. agt. upon St., Albany, NY 12207-2543. DE addr. princ. office of the LLC. DE addr. of whom process may be served. DE of LLC: 2711 Centerville Rd., Ste. LLC: c/o Corporation Service Co., addr. of LP: c/o The Corporation Trust 400, Wilmington, DE 19808. Arts. of 2711 Centerville Rd., Ste. 400, Co., 1209 Orange St., Wilmington, Org. filed with Secy. of State, DE, Div. Wilmington, DE 19808. Arts. of Org. DE 19801. Name/addr. of genl. ptr. of Corps., John G. Townsend Bldg., filed with Secy. of State of DE, 401 available from NY Sec. of State. Cert. 401 Federal St., Ste. 4, Dover, DE Federal St., Dover, DE 19901. of LP filed with DE Sec. of State, 401 19901. Purpose: Any lawful activity. Purpose: Any lawful activity. Federal St., Dover, DE 19901. Purpose: any lawful activity. Notice of Qualification of Notice of Formation of ANTENA FilmNewsBriefs LLC. Authority filed LATINA INTERNATIONAL LLC. Arts. NOTICE OF QUALIFICATION of with Secy. of State of NY (SSNY) on of Org. filed with Secy. of State of NY Capacity Partners of New Jersey LLC, 08/24/09. Office location: NY County. (SSNY) on 9/8/09. Office location: NY a NJ limited liability company author- LLC formed in Delaware (DE) on County. SSNY designated as agent of ized to do business in New York. 08/18/09. Princ. office of LLC: 101 LLC upon whom process against it Application for Authority filed with the Warren St., #1430, NY, NY 10007. may be served. SSNY shall mail Secretary of State of NY (SSNY) on SSNY designated as agent of LLC process to: c/o Law Office of 8/27/08. Office location: New York upon whom process against it may Fernando Ramirez, 80 E. 11th St., County. SSNY has been designated be served. SSNY shall mail process Ste. 227, NY, NY 10003. Purpose: for service of process. SSNY shall to Jessica Kantor at the princ. office any lawful activity. mail a copy of any process against the of the LLC. DE addr. of LLC: 2711 LLC to c/o Carl A. Gerson, Capacity Centerville Rd., Ste. 400, Wilmington, BMBA, LLC, a domestic Limited Coverage Co. of NJ, One International DE 19808. Arts. of Org. filed with DE Liability Company (LLC) filed with the Blvd, Mahwah, NJ 07495. Purpose of Secy. of State, Div. of Corps., John G. Sec of State of NY on 5/22/09. NY LLC: any lawful business or activity. Townsend Bldg., 401 Federal St., Office location: New York County. Ste. 4, Dover, DE 19901. Purpose: SSNY is designated as agent upon NOTICE OF FORMATION OF Any lawful activity. whom process against the LLC may Rashbaum Associates LLC. Article be served. SSNY shall mail a copy of Organization filed with the Name: MACARON, LLC Art. Of Org. of any process against the LLC Secretary of State of NY (SSNY) on Filed Sec. Of State of NY 08/03/09. served upon him/her to Larry Taube, 09/11/09. Office location NEW YORK Off. Loc.: New York Co. Corp. Serv. 340 E. 64th St., #9G, NY, NY 11065 County. SSNY has been designated Co. designated as agent upon whom General purposes as agent upon whom process against process against it may be served. it may be served. The Post Office SSNY to mail copy of process to THE Notice of Formation of SJB60 address to which the SSNY shall mail LLC C/O Corp. Serv. Co. 80 State Holdings LLC. Articles of Organization a copy of any process against the Street, Albany, NY 12207. Pupose: filed with Secy. of State of NY LLC served upon him/her is C/O the Any lawful act or activity. (SSNY) on 09/16/09. Office location: LLC 425 Madison Ave. New York, OFFICE SPACE NY County. SSNY designated as NY 10017. Purpose of LLC:to Notice of Qualification of River Birch agent of LLC upon whom process engage in any lawful act or activity. Capital, LLC, App. for Auth. filed against it may be served. SSNY shall Street address of Principal Business PARK AVE/54TH ST NYC Middle Market Accounting Firm Sec’y of State (SSNY) 7/31/09. Office mail process to the LLC c/o Mitchell location is: 425 Madison Ave. New “Mini suite” within tasteful law offices. has office space to sub-let NYC Middle Market Accounting Firm has location: NY County. LLC org. in DE Kahn, 125 Jericho Turnpike, Suite York, NY 10017. One private, windowed office; adjacent large 300, Jericho, NY 11753. Purpose: office space to sub-let in a Top “A” 7/30/09. SSNY designated as agent room with 2 sect’l workstations & filing cab- Building w/5 windowed offices, of LLC upon whom process against it any lawful act or activity. Notice of Formation of COURTLANDT inets. Conf room/video conf/vm/phones/hi 15 Cubicles, use of Conference Rooms, may be served. SSNY shall mail copy COMMUNITY ASSOCIATES, L.P. speed internet avail. 18 month sublease. Reception Area, Kitchen, Full Office of process to Attn: Alex Kirk, 75 Notice of formation of limited liability Cert. of LP filed with Secy. of State Great location. $3500/month. Support available. For further information Central Park West, Apt. 9D, NY, NY company (LLC). Name: GTR PROP- of NY (SSNY) on 09/28/09. Office Call 888-748-8748 x109 Please contact (212) 404-5403. 10023. DE office addr.: CSC, 2711 ERTIES LLC Art. Of Org. filed with location: NY County. Princ. office of Centerville Rd., Wilmington, DE Secy. of State of NY (SSNY) on LP: c/o Phipps Houses, 902 19808. Cert. of Form. on file: SSDE, 8/27/09. Office Location: New York Broadway, 13th Fl., NY, NY 10010. OFFICE SPACE/SUBLET Townsend Bldg., Dover, DE 19901. County. SSNY designated as agent of Latest date on which the LP may Purpose: any lawful activities. the LLC upon whom process against dissolve is 12/31/2059. SSNY des- TELECOMMUNICATIONS it may be served. SSNY shall mail a ignated as agent of LP upon whom Sublet fully furnished 3,000 sq ft Office Space, 6 Offices, Notice of Qualification of BNCB copy of any process to: c/o The LLC, process against it may be served. 8 East 48th Street, New York, NY SSNY shall mail process to the LP Conference Room, 3 Work Stations, MERGER SUB, LLC. Authority filed Break Room, East 45th Street Location, with Secy. of State of NY (SSNY) on 10017. Purpose To engage in any at the addr. of its princ. office. Name Move-in Condition, 2 years left on lease. 09/30/09. Office location: NY County. lawful act or activity. and addr. of each general partner LLC formed in Delaware (DE) on are available from SSNY. Purpose: Reasonable offers will be entertained. 09/08/09. SSNY designated as agent Notice of Formation of OBBI Any lawful activity. 201-270-4170 of LLC upon whom process against it Acquisition, LLC. Articles of may be served. SSNY shall mail Organization filed with Secy. of State Notice of Formation of IC Income and process to Capitol Services, Inc., 615 of NY (SSNY) on 04/08/09. Office Growth Fund, LLC. Arts. of Org. filed S. Dupont Hwy., Dover, Cnty. of Kent, location: NY County. SSNY designated with Secy. of State of NY (SSNY) on DE 19901, which is also the. DE as agent of LLC upon whom process 8/26/09. Office location: NY County. BUSINESS SERVICES addr. of LLC. Arts. of Org. filed with against it may be served. SSNY SSNY designated as agent of LLC Secy. of State of the State of DE, 410 shall mail process to the LLC, Attn: upon whom process against it may be Federal St., Ste. 3, Dover, DE 19901. Manager, 16 East 34th St., 10th Fl., served. SSNY shall mail process to: Purpose: Any lawful activity. New York, NY 10019. Purpose: any 171 Madison Ave., Ste. 1000, NY, NY lawful act or activity. 10016. Purpose: any lawful activity. Notice of Qualification of 855 Avenue of the Americas - SFI LLC. Authority NOTICE OF FORMATION OF Project NOTICE OF FORMATION OF Jim filed with NY Dept. of State on 9/18/09. White LLC. Article of Organization Greif Photography LLC. Article of Office location: NY County. Princ. bus. filed with the Secretary of State of NY Organization filed with the Secretary addr.: 1114 Ave. of the Americas, (SSNY) on 08/20/2009. Office location of State of NY (SSNY) on 7/7/2009. 39th Fl., NY, NY 10036. LLC formed NEW YORK County. SSNY has been Office location NEW YORK County. in DE on 4/3/09. NY Sec. of State designated as agent upon whom SSNY has been designated as agent designated as agent of LLC upon process against it may be served. The upon whom process against it may whom process against it may be Post Office address to which the be served. The Post Office address to SEEKING served and shall mail process to: c/o SSNY shall mail a copy of any process which the SSNY shall mail a copy of CT Corporation System, 111 8th Ave., against the LLC served upon him/her any process against the LLC served EMPLOYMENT NY, NY 10011, regd. agt, upon whom is C/O the LLC Woods & Lonergan upon him/her is C/O the LLC United process may be served. DE addr. of LLP, 292 Madison Avenue, 22nd States Corporation Agents Inc., Advertise on LLC: c/o The Corporation Trust Co., Floor. New York, NY 10017. Date of 7014 13th Avenue, Suite 202. Professional, Bright, Clever 1209 Orange St., Wilmington, DE Dissolution: None Purpose of LLC:to Brooklyn, NY 11228. Purpose of www.crainsnewyork.com and Creative. Please learn more 19801. Arts. of Org. filed with DE engage in any lawful act or activity. LLC: to engage in any lawful act or Sec. of State, 401 Federal St., Dover, Street address of Principal Business activity. Street address of Principal Call John Gallagher about me at my Web Site DE 19901. Purpose: real estate location is: 37-39 West 8th Street. Business location is: 119 West 72nd www.PeterSHoffman.com investments and finance. New York, NY 10016. Street #252. New York, NY 10023. @ 212-210-0189

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PUBLIC & LEGAL NOTICES

Notice of Qualification of STREET Name of For. LP: FrontPoint Onshore Notice of Qualification of Crane Notice of Qualification of WHIST Notice of Qualification of Geospatial SNACKS LLC, Authority filed with the Asian Event Driven Fund, L.P. Appl. Worldwide Logistics LLC. Authority EQUITY TRADING LLC. Authority Operating Company LLC. Authority SSNY on 07/23/2009. Office location: for Auth. filed with Sec. of State of filed with NY Dept. of State on 9/9/09. filed with Secy. of State of NY (SSNY) filed with Secy. of State of NY NY County. LLC formed in DE on NY: 9/2/09. Jurisd. and date of org.: Office location: NY County. Princ. bus. on 09/22/09. Office location: NY (SSNY) on 9/11/09. Office location: 04/19/2006. SSNY is designated as DE 8/4/09. NY State office loc.: NY addr.: 16680 Central Green Blvd., County. LLC formed in Delaware (DE) NY County. LLC formed in Delaware agent upon whom process against Cty. Sec. of State designated as Houston, TX 77032. LLC formed in on 04/18/08. Princ. office of LLC: 11 (DE) on 5/22/09. SSNY designated the LLC may be served. SSNY shall agent upon whom process against it DE on 6/17/08. NY Sec. of State des- Madison Ave., NY, NY 10010-3629. as agent of LLC upon whom process mail a copy of process to: Larocca may be served. Sec. of State shall ignated as agent of LLC upon whom SSNY designated as agent of LLC against it may be served. SSNY shall Hornik Rosen Greenberg & Blaha LLP mail copy of process to: Two process against it may be served and upon whom process against it may mail process to: The LLC, 6161 South 40 Wall St., 32nd Fl., NY, NY 10005. Greenwich Plaza, Greenwich, CT shall mail process to: c/o CT be served. SSNY shall mail process Syracuse Way, Ste. 100, Greenwood Address required to be maintained in 06830. Addr. of LP in DE is: 615 S. Corporation System, 111 8th Ave., to c/o Corporation Service Co., 80 Village, CO 80111, also the address DE: CT Corp. Systems 1209 Orange DuPont Hwy., Dover, DE 19901. NY, NY 10011, regd. agt. upon whom State St., Albany, NY 12207-2543. of the principal office. Address to be St, Wilmington DE 19801. Cert of Name/addr. of GP avail. from Sec. of process may be served. DE addr. of DE addr. of LLC: 2711 Centerville maintained in DE: 1209 Orange St., Formation filed with DE Div of Corps, State. Authorized office in DE where LLC: c/o The Corporation Trust Co., Rd., Wilmington, DE 19808. Arts. of Wilmington, DE 19801. Arts of Org. 401 Federal St Ste 4, Dover, DE Cert. of LP is filed is: DE Sec. of 1209 Orange St., Wilmington, DE Org. filed with DE Secy. of State, 401 filed with DE Secy. Of State, 401 19901. Purpose: Any Lawful Purpose. State, Townsend Bldg., Dover, DE 19801. Arts. of Org. filed with DE Sec. Federal St., Dover, DE 19901. Federal St., Ste 4., Dover, DE 19901. 19901. Purpose: any lawful activity. of State, 401 Federal St., Dover, DE Purpose: Any lawful activity. Purpose: any lawful activities. Notice of Formation of Renton 19901. Purpose: any lawful activity. Productions LLC. Articles of Notice of Registration of Goldstein Name of LLC: Jaden Lam, LLC. Arts. Notice of Formation of TACHE Organization filed with Secy. of State Hill & West Architects, LLP. Certificate C.R.I.M.M.E.S. INVESTIGATIONS & of Org. filed Dept. of State of NY on DIAMONDS, LLC, a domestic LLC. of NY (SSNY) on 7/20/09. Office of Registration filed with Secy. of SECURITY CONSULTANTS LLC. Arts. 4/22/09. Office location in NY: NY Arts. of Org. filed with the SSNY on location: NY County. SSNY designat- State of NY (SSNY) on 07/10/09. of Org. filed with Secy. of State of N.Y. Cty. Princ. bus. loc.: 750 3rd Ave., 08/20/2009. Office location: NY ed as agent of LLC on whom process Office location: NY County. SSNY (SSNY) on 9/16/2009. Office location: Ste. 900, NY, NY 10017. Secy. of County. SSNY has been designated against it may by served. SSNY shall designated as agent of partnership New York County. SSNY designated State of NY (SSNY) designated as as agent upon whom process mail process to the LLC, 740 West upon whom process against it may as agent of LLC upon whom process agent of LLC upon whom process against the LLC may be served. End Ave., #82A, New York, NY be served. SSNY shall mail process against it may be served. The P.O. against it may be served. SSNY shall SSNY shall mail a copy of process 10025. Registered agent of LLC on to the LLP, 31-37 West 27th Street, address to which SSNY shall mail a mail a copy of process to: c/o United to: 550 Fifth Ave, NY, NY 11101. whom process against it may be New York, NY, 10001. Profession to copy of any process upon him/her is States Corporation Agents, Inc., 7014 Purpose: Any Lawful Purpose. served: Stephen Kaiser, 740 West be practiced by LLP: Architects. C/O the LLC: P.O. Box 984 Peck Slip 13th Ave., Ste. 202, Brooklyn, NY End Ave., #82A, New York, NY Station New York, NY 10272. 11228 registered agent upon whom Notice of Formation of EAST 88TH 10025. Purpose: any lawful activity. Notice of Formation of STEVENSON Purpose: any lawful act. process may be served. Purpose: any STREET LLC. Arts. of Org. filed with ADVISORS, LLC. Arts. of Org. filed lawful activity. Secy. of State of NY (SSNY) on Notice of Qualification of Estekene with Secy. of State of NY (SSNY) on NOTICE OF FORMATION OF 09/10/09. Office location: NY County. Capital GP LLC, App. for Auth. filed 09/03/09. Office location: NY County. DoubleDateMaker LLC. Arts. of Org. NOTICE OF FORMATION of FOGEL Princ. office of LLC: Audrey Orell, 410 Sec’y of State (SSNY) 8/18/09. Office Princ. office of LLC: 212 W. 91st St., filed with Secy. of State of N.Y. NEALE WEALTH MANAGEMENT E. 88th St., NY, NY 10128. SSNY location: NY County. LLC org. in DE Apt. 716, NY, NY 10024. SSNY des- (SSNY) on 07/02/09. Office location: LLC. Arts. Of Org. filed with Secy. Of designated as agent of LLC upon 8/14/09. SSNY designated as agent ignated as agent of LLC upon whom New York County. SSNY designated State of N.Y. (SSNY) on 08/04/09. whom process against it may be of LLC upon whom process against it process against it may be served. as agent of LLC upon whom process Office location: New York County. served. SSNY shall mail process to may be served. SSNY shall mail copy SSNY shall mail process to the LLC, against it may be served. SSNY shall SSNY designated as agent of LLC the LLC at the addr. of its princ. of process to Attn: Peter Carlin, 810 888 Seventh Ave., 35th Fl., NY, NY mail process to: 250 West 103rd upon whom process against it may office. Purpose: Any lawful activity. Seventh Ave., 39th Fl., NY, NY 10106. Purpose: Any lawful activity. Street, 9F, New York, NY 10025. be served. SSNY shall mail process 10019. DE office addr.: CSC, 2711 Purpose: any lawful activity. to: 90 Broad St. Suite 2202, NY, NY Notice of Formation of ZEKO PART- Centerville Rd., Wilmington, DE Notice of Formation of CREED BOU- 10004. Purpose: Any lawful activity. NERS, LLC. Arts. of Org. filed with 19808. Cert. of Form. on file: SSDE, TIQUE, LLC, a domestic LLC. Arts. of Notice of Qualification of Tiger Secy. of State of NY (SSNY) on Townsend Bldg., Dover, DE 19901. Org. filed with the SSNY on Legatus Partners, LP, App. for Auth. Notice of formation of Sanders 08/04/09. Office location: NY County. Purpose: any lawful activities. 08/07/2009. Office location: NY filed Sec’y of State (SSNY) 8/10/09. Capital, LLC. Articles of Organization Princ. office of LLC: c/o Fehmi Zeko, County. SSNY has been designated Office location: NY County. LP org. in filed with the Secretary of State of 241 Central Park West, Apt. 15D, NOTICE OF FORMATION OF AFC as agent upon whom process against DE 8/7/09. SSNY designated as the State of New York (SSNY) on NY, NY 10024. SSNY designated as Communications LLC. Arts. of Org. the LLC may be served. SSNY shall agent of LP upon whom process 08/07/09. Office location New York agent of LLC upon whom process filed with Secy. of State of N.Y. mail a copy of process to: The LLC, against it may be served. SSNY shall County. SSNY has been designated against it may be served. SSNY (SSNY) on 8/3/2009. Office location: Two West 45th St, Ste 1208, NY, NY mail copy of process to Attn: Jesse as agent for service of process. shall mail process to the LLC at the New York County. SSNY designated 10036. Purpose: Any Lawful Purpose. Ro, 101 Park Ave., 47th Fl., NY, NY SSNY shall mail copy of any process addr. of its princ. office. Purpose: as agent of LLC upon whom process 10178. DE office addr.: CSC, 2711 served against the LLC to Jean Any lawful activity. against it may be served. The P.O. Notice of Formation of GOING APE Centerville Rd., Wilmington, DE Margo Reid, at the LLC’s principal address to which SSNY shall mail a HOSPITALITY LLC. Arts. of Org. filed 19808. Cert. of LP on file: SSDE, business location, 20 East 9th Street Notice of Formation of copy of any process upon him/her is with Secy. of State of NY (SSNY) on Townsend Bldg., Dover, DE 19901. 21B, New York, NY 10003. Purpose: VANDERCHURCH EQUITIES, LLC. C/O the LLC: Anthony Pellecchia, CPA 09/16/09. Office location: NY County. Name/addr. of each gen. ptr. avail. at any lawful purpose. Arts. of Org. filed with Secy. of State 3117 Richmond Rd. Staten Island, SSNY designated as agent of LLC SSNY. Purpose: any lawful activities. of NY (SSNY) on 09/21/09. Office NY 10306. The Principal Business upon whom process against it may NOTICE OF FORMATION OF The location: NY County. SSNY designat- Address of the LLC is: 45 Stella be served. SSNY shall mail process Name: AE HOSPITALITY GROUP LLC Proton Institute of New York LLC. ed as agent of LLC upon whom Place Middlesex, NJ 08846. Purpose: to Lile H. Deinard, c/o Dorsey & Art. Of Org. Filed Sec. Of State of NY Article of Organization filed with the process against it may be served. any lawful activity. Whitney LLP, 250 Park Ave., NY, NY 05/26/09. Off. Loc: New York Co. SSNY Secretary of State of NY (SSNY) on SSNY shall mail process to Judson 10177. Purpose: Any lawful activity. designated as agent upon whom 09/08/2009 Office location NEW Realty, 145 57th St., #5, NY, NY Application for Authority of Marathon process against it may be served. YORK County. SSNY has been des- 10022. Purpose: Any lawful activity. Legacy Securities (Private Fund) GP, Notice of Qualification of SLG 620 SSNY to mail copy of process the ignated as agent upon whom process LLC. Authority filed with NY Dept. of Sixth Funding LLC, App. for Auth. THE LLC, C/O Patrice Bihina, 150 against it may be served. The Post NOTICE OF FORMATION OF KTD State on 9/11/09. Office location: NY filed Sec’y of State (SSNY) 9/15/09. Ludlow Street, Room 1 F, New York, Office address to which the SSNY Media Corporation LLC. Arts. of Org. County. LLC formed in DE on 7/7/09. Office location: NY County. LLC org. NY 10002. Purpose: Any lawful act. shall mail a copy of any process filed with Secy. of State of N.Y. (SSNY) NY Sec. of State designated as agent in DE 1/5/06. SSNY designated as against the LLC served upon him/her on 08/14/2009. Office location: New of LLC upon whom process against it agent of LLC upon whom process Notice of Formation of Cakelab LLC. is C/O the LLC 80 State Street. York County. SSNY designated as may be served and shall mail process against it may be served. SSNY shall Arts. of Org. filed with the Secy. of Albany, NY 12207. Purpose of LLC: agent of LLC upon whom process to the principal business addr. of the mail copy of process to Nat. Reg. State of NY (SSNY) on 8/19/09. Office to engage in any lawful act or activity. against it may be served. SSNY shall LLC: c/o Marathon Asset Agents, 875 Ave of the Americas, NY, location: NY County. SSNY designat- Street address of Principal Business mail process to: 12 Stuyvesant Oval Management, L.P., One , NY 10001, the Reg. Agt. upon whom ed as agent of LLC upon whom location is: 751 2nd Avenue. New #TH, New York, NY 10009. Purpose: 38th Fl., NY, NY 10036. DE addr. of proc. may be served. DE office addr.: process against it may be served. York, NY 10017. any lawful activity. LLC: National Corporate Research, 160 Greentree Dr., Ste. 101, Dover, SSNY shall mail to: c/o G. Hiura, 215 Ltd., 615 S. DuPont Hwy., Dover, DE DE 19904. Cert. of Form. on file: East 24th Street, #515, NY, NY 19901. Arts. of Org. filed with DE Sec. SSDE, Townsend Bldg., Dover, DE 10010. Purpose: any lawful activity. of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activities. 19901. Purpose: any lawful activity. Notice of Qualification of Equitech Notice of formation of Limited Liability Advisors, L.P. Authority filed with NY NOTICE OF FORMATION OF LIMIT- Company: UVX, LLC Articles of Dept. of State on 6/9/09. Office loca- ED LIABILITY COMPANY. NAME: Organization filed with the Secretary tion: NY County. Princ. bus. addr.: 640 VISTA REVERSE 23, LLC. of State of New York (SSNY) on May 5th Ave., 10th Fl., NY, NY 10019. LP Application for Authority was filed 2, 2008. N.Y. Office location: New formed in DE on 4/8/09. NY Sec. of with the Secretary of State of New York County. SSNY has been desig- State designated as agent of LP York (SSNY) on 09/04/09. The LLC nated as an agent upon whom upon whom process against it may was originally filed with the Secretary process against it may be served. be served and shall mail process to: of State of Virginia on 01/04/08. The Post Office address to which the c/o CT Corporation System, 111 8th Office location: New York County. SSNY shall mail a copy of any Ave., NY, NY 10011, regd. agt. upon SSNY has been designated as agent process against the LLC served upon whom process may be served. DE of the LLC upon whom process him/her is: the LLC, C/O M. Bradford addr. of LP: 1209 Orange St., against it may be served. SSNY shall Randolph ESQ PLLC, 1230 Avenue Wilmington, DE 19801. Name/addr. of mail a copy of process to the LLC, of the Americas, 7th Floor, New York, genl. ptr. available from NY Sec. of c/o Jane B. Holzer, 41 East 65th NY 10020. Character of LLC: To act State. Cert. of LP filed with DE Sec. Street, New York, New York 10065. as a trustee and to engage in any of State, 401 Federal St., Dover, DE Purpose: For any lawful purpose. lawful act or activity. 19901. Purpose: any lawful activity.

26 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0027-NAT-CCI-CN_-- 10/16/2009 2:38 PM Page 1

FOR THE RECORD

REAL ESTATE TRANSACTIONS by executives and major shareholders. $4.57 to $16.43 between Oct. 6 and Listings are in order of the dollar volume of Oct. 7, in a transaction worth $720,565. ABOUT THIS SECTION Information on the latest real estate deals the transactions. Information was obtained During the same period, he sold 76,000 FOR THE RECORD is a weekly listing of information from the public record that is provided by brokers and/or their from Thomson Reuters. shares at prices ranging from $21.37 can help businesspeople find opportunities in the New York area, providing representatives. Deals are listed in order of to $21.75, in a transaction worth G E*Trade Financial (ETFC) leads on clients, potential new business and competitors. square footage. $1,635,520. He now directly holds Citadel sold 112,600,000 shares of 2,098,480 shares. To ask questions or get more information on this section, contact Denise OFFICE common stock at prices ranging Southwood at [email protected]. G Tarter Krinsky & Drogin expanded its from $1.74 to $1.99 between Sept. 22 G C.R. Bard Inc. (BCR) space at 1350 Broadway, a 25-story, and Sept. 29, in a transaction valued Timothy M. Ring, chairman and chief 400,000-square-foot building owned by at $212,290,864. Between Sept. 30 and executive of the medical equipment W&H Properties. The law firm, which Oct. 1, Citadel then sold 25,439,800 company, exercised options on 14,147 originally signed for 16,554 square feet, shares of common stock at $1.72 to shares of common stock at $35.71 each BANKRUPTCIES liabilities of $50,001 to $100,000 and has taken a long-term lease for 26,951 $1.74, in a transaction worth on Oct. 1, in a transaction worth assets estimated at $50,001 to $100,000. square feet including the 11th floor and $44,256,456. The company now $505,189. On the same day, he sold The following listings are selected from the The New York State Department of part of the 12th floor. CB Richard Ellis’ indirectly holds 166,162,000 shares. 14,147 shares at prices ranging from most recent available filings by companies Taxation and Finance is owed $44,000. Paul Amrich and Fernando Urrutia $78.12 to $78.55 per share, in a seeking bankruptcy protection in the represented the tenant, and Jonathan G IAC/InterActiveCorp (IACI) transaction worth $1,105,206. He now Southern and Eastern Districts of New Fanuzzi, Brian Waterman and Julie Liberty Media Corp. sold 2,525,500 directly holds 204,471 shares. York. Information was obtained from U.S. GOVERNMENT CONTRACT Christiano of Newmark Knight Frank shares of common stock at prices Bankruptcy Court records available on OPPORTUNITIES represented the owner. The asking rent ranging from $19.30 to $20.85 between G AEP Industries Inc. (AEPI) Public Access to Court Electronic Records. was not disclosed. Sept. 25 and Oct. 2, in a transaction John J. Powers, executive vice president Listings are in alphabetical order. Following are selected contract opportunities worth $51,404,556. The company then of sales and marketing at the plastics recently announced by New York City G The United Nations signed a four-year sold 360,600 shares of common stock at manufacturer, sold 28,828 shares of G All Island Truck Leasing Corp. agencies.To access a searchable database of lease for the entire eighth, ninth and prices ranging from $19.26 to $19.45 common stock at prices ranging from 3480 Hampton Road, Oceanside, L.I. current procurement notices, visit www 10th floors, or 119,399 square feet, at between Oct. 5 and Oct. 6, in a $39.08 to $40.39 per share between Filed for Chapter 11 bankruptcy .nyc.gov/cityrecord. Listings are in alpha- 730 Third Ave., a 495,000-square-foot transaction worth $6,989,692. It now Oct. 1 and Oct. 7, in a transaction protection on Oct. 9. The filing cites betical order by category and department. property.The U.N. needs temporary indirectly holds 20,330,700 shares. worth $1,133,711. He now holds a liabilities of $500,001 to $1 million and space while its First Avenue building combination of direct and indirect assets estimated at $0 to $50,000. CONSTRUCTION SERVICES is being renovated. Andy Roos of G Celgene Corp. (CELG) shares totaling 764,761. Among the creditors with the largest G Department of Design and Construction FirstService Williams represented the Robert J. Hugin, chief operating officer unsecured claims are the New York State Requests competitive sealed bids by 11 tenant. Howard Fiddle, Zachary and a director of the biotechnology G Bioscrip Inc. (BIOS) Department of Taxation and Finance, a.m. on Nov. 5 for the reconstruction of Freeman and David Kleinhandler of company, exercised options on 420,000 Richard H. Friedman, chairman owed $850,000; and Campinelli & Kingston Avenue from Empire Boule- CB Richard Ellis repped the building’s shares of common stock at $6.45 each and chief executive of the pharma- Associates, owed $40,000. vard to Eastern Parkway in Brooklyn, owner, TIAA-CREF.The asking rent between Oct. 5 and Oct. 6, in a ceutical management company, including water main, street lighting and was $45 per square foot. transaction worth $2,708,160. During exercised options on 40,000 shares G Grape Realty Inc. traffic work. Bid documents can be the same period, he sold 420,000 shares of common stock at $3.46 each 5 Carol Drive, Mount Kisco, N.Y. obtained online at www.nyc.gov/ddc. G Broadpoint Gleacher Securities Group at prices ranging from $53.52 to $53.62, between Oct. 1 and Oct. 7, in a Filed for Chapter 11 bankruptcy The solicitation includes M/WBE signed a 15-year lease for 74,000 square in a transaction worth $22,489,918. He transaction worth $138,400. From protection on Oct. 6. The filing cites participation goals for subcontracted feet of space at 1290 Sixth Ave.,a 2 now directly holds 432,482 shares. Oct. 1 to Oct. 8, he sold 52,139 shares liabilities of $100,001 to $500,000 and work. For additional information, million-square-foot property owned by at prices ranging from $6.63 to $7.00, assets estimated at $100,001 to contact Ben Perrone at (718) 391-2614. Vornado Realty Trust. Broadpoint G Leucadia National Corp. (LUK) in a transaction worth $353,837. He $500,000. The creditors, both with Gleacher will occupy portions of the Joseph S. Steinberg, president and now directly holds 1,066,940 shares. secured claims, are A-G Holdings, owed G Department of Environmental Protection fourth and fifth floors of the 43-story director of the holding company, sold $180,000; and the New York State Seeks competitive sealed bids by Oct. 27 building. Cushman & Wakefield 890,000 shares of common stock at G Bio-Reference Laboratories Inc. (BRLI) Department of Taxation and Finance, at 11:30 a.m. for the installation of represented both sides in negotiations: prices ranging from $25.00 to $25.02 Gary Lederman, director at the medical owed $300. natural gas service and the removal of Matthew Astrachan, Mitti Liebersohn between Sept. 28 and Sept. 30, in a laboratory, sold 12,000 shares of underground petroleum storage tanks at and Steven Bauer represented the tenant, transaction worth $22,260,192. He common stock at $35.24 each on Oct. 5, G Joseph DelGreco & Co., dba the Rockaway Water Pollution Control and Paul Glickman, Alex Chudnoff, then sold 110,000 shares between in a transaction worth $422,820. He DelGreco & Co., DelGreco Textiles Plant in Queens. This contract is subject Franklin Speyer and Amy Fox repped the Oct. 6 and Oct. 7 at prices ranging from now directly holds 15,200 shares. 232 E. 59th St., Manhattan to apprenticeship program requirements. landlord, along with Glen Weiss of $23.76 to $24.34, in a transaction worth Filed for Chapter 11 bankruptcy There is a fee of $100 for documents. A Vornado Realty Trust.The asking rent $2,645,500. Mr. Steinberg now G Pall Corp. (PLL) protection on Oct. 8. The filing cites pre-bid conference will be held on Oct. was not disclosed. indirectly holds 25,567,600 shares. Donald B. Stevens, president and liabilities of $1,000,001 to $10 million 20 at 10 a.m. at the Rockaway WPCP, chief operating officer of the industrial and assets estimated at $0 to $50,000. located at 106-21 Beach Channel Drive. G Assent, a company that develops G Knight Capital Group Inc. (NITE) company, sold 12,108 shares of Among the creditors with the largest For details, contact Greg Hall at trading systems for securities firms, Robert M. Lazarowitz, a retired board common stock ranging from $30.80 unsecured claims are Glyn Peter Machin (718) 595-3236 or [email protected]. signed a five-year lease for 18,900 square member of the securities company, to $31.16 on Oct. 2, in a transaction Studio, owed $400,000; and 232 feet at 59 Maiden Lane. It will occupy the exercised options on 76,000 shares of worth $374,985. He now directly Battaglia Realty, owed $500,000. G Department of Parks and Recreation entire 32nd floor. Harry Blair and Greg common stock at prices ranging from holds 62,049 shares.  Requests competitive sealed bids by Wang of FirstService Williams G Martense New York Inc. 10:30 a.m. on Nov. 4 for the recon- represented the tenant; Newmark 3317 Avenue N, Brooklyn struction of roofing at various DPR Knight Frank’s Brian Waterman Filed for Chapter 11 bankruptcy facilities and the reconstruction of represented the landlord, Amtrust DEALS ROUNDUP protection on Oct. 9. The filing cites plumbing systems in comfort stations. Realty Corp. The asking rent was $40 liabilities of $1,000,001 to $10 million Bid documents are available for $25 in per square foot. TRANSACTION SIZE and assets estimated at $1,000,001 to the Blueprint Room of the Olmsted COMPANY (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE $10 million. Among the creditors with Center in Flushing Meadows Corona G Krueger International signed a five-year L-3 Communications Corp. $1,000.0 n/d GCI the largest unsecured claims are NCC Park, Queens, from 8 a.m. to 3 p.m. lease renewal for its 13,000 square feet of (Manhattan) Capital, owed $635,000; and MYG Contact Juan Alban at (718) 760-6771 space at 71 W. 23rd St., a 340,000- GenTek Inc. $621.5 American Securities (Manhattan) FB M&A Trust, owed $300,000. or [email protected]. square-foot, 19-story building. Herb HSBC USA Inc., 452 Fifth Ave. $330.0 DB Group USA Investment Inc. SB M&A Goldberg and David Schlamm of City headquarters building (Manhattan) G Paxton Realty GOODS AND SERVICES Connections Commercial represented G Department of Education Advanstar Communications Inc. $35.0 Veronis Suhler Stevenson (Manhattan), GCI 61 Harrison Ave., Brooklyn the landlord, the Trustees of the Anchorage Advisors (Manhattan) Filed for Chapter 11 bankruptcy Seeks competitive sealed bids for Masonic Hall & Home. Larry National Express, $25.5 W.P. Carey & Co. (Manhattan) SB M&A protection on Oct. 7. The filing cites furnishing and delivering cafeteria tables Lazerwitz, formerly of Jones Lang 38,000-square-foot property liabilities of $1,000,001 to $10 million to be used in lunchrooms throughout LaSalle, represented KI, a furniture and assets estimated at $1,000,001 to the schools. To obtain bid documents, manufacturer. The asking rent was $40 Alexza Pharmaceuticals Inc. $19.7 Abingworth Management, OrbiMed Advisors GCI (Manhattan), Federated Investors Inc., TD Asset $10 million. Among the creditors with send an e-mail to vendorhotline@ per square foot. Management Inc., Wasatch Advisors Inc., the largest unsecured claims are schools.nyc.gov with the bid number Conus Partners Inc. (Manhattan), T. Rowe Price Citibank, owed $4,800,000, of which (#B1148040) and title in the subject G Boxwood Strategic Advisors, a recently Associates Inc., Azimuth Opportunity, $1,800,000 is unsecured; and Capital line. Bids are due no later than Oct. 28 formed financial consulting firm, leased UBS Eucalyptus Management (Manhattan), One Bank, owed $79,000. at 5 p.m. To get more information, 3,562 square feet at 370 Lexington Ave.,a Frostrow Capital, Kingsbrook Partners e-mail [email protected], with the 300,000-square-foot, 27-story tower (Manhattan), management G Ramp Chevrolet Inc. bid number and title in the subject line. that has been newly renovated by owner The FeedRoom Inc. (Manhattan) $9.8 KIT digital Inc. SB M&A 1395 Route 112, Port Jefferson, L.I. Sherwood Equities. Jill Burrowes and IntergriGuard $5.3 HMS Holdings Corp. (Manhattan) SB M&A G Health and Hospitals Corp./Queens Filed for Chapter 11 bankruptcy Adam Weissleder represented the China Kunda $5.1 Barron Partners (Manhattan), GCI protection on Oct. 5. The filing cites Health Network landlord, and Curtis Woodside of Rice Technology Holdings Godfrey2468, RossPlan (Manhattan), liabilities of $1,000,001 to $10 million Requests competitive sealed bids by & Associates repped the tenant. The Golden1177, individual investors and assets estimated at $0 to $50,000. 2 p.m. on Oct. 29 for on-demand snow rent is $46 per square foot. Vectrix Corp. $5.1 GH Venture Partners, investment arm FB M&A The New York State Department of removal services. There is a mandatory (Manhattan) Taxation and Finance holds the largest pre-bid walk-through; interested parties unsecured claim, $425,994. can come at either Oct. 20 or Oct. 21 at STOCK TRANSACTIONS Selected deals announced during the week of Sept. 28 involving companies in metro New York. n/d Not disclosed. FB M&A: Financial buyer M&A represents a minority or majority acquisi- 10 a.m. Bid packages must be obtained tion of existing shares of a company with the participation of a financial buyer. GCI: Growth G Streamline Capital before pre-bid at 82-68 164th St., The following are selected recent insider capital investment represents new money invested in a company for a minority stake. SB M&A: 95 Morton St., Manhattan S building, Jamaica. Contact Aurelio transactions at New York’s largest publicly Strategic buyer M&A represents a minority or majority acquisition of existing shares of a com- Filed for Chapter 11 bankruptcy Morrone at (718) 883-6000 or held companies that have been filed with pany without the participation of a financial buyer. protection on Oct. 6. The filing cites [email protected] with questions. the Securities and Exchange Commission source: capitaliq

October 19, 2009 | Crain’s New York Business | 27 20091019-NEWS--0028-NAT-CCI-CN_-- 10/16/2009 7:44 PM Page 1

mortgage losses, but it did disclose clinics—find it much more difficult $2.2 billion of losses in its residen- to get loans to expand emergency Banks’ credit shock tial real estate portfolio. That was rooms and provide other services. Retailers actually a bit better than the prior “The folks that make loans are Continued from Page 1 Chief Executive Jamie Dimon said quarter, but more problems loom eager to make loans,” Mr. Manning aged into securities, had to be writ- on a conference call last week. That because the amount of loans more says. “It’s just they have a smaller upgrade ten down immediately as their mar- amounts to losses of about $280 than 90 days past due ticked up by credit window to work within.” ket values plunged. But because million. In the prior quarter, J.P. $2 billion, to $14 billion. (If it’s any there are $8 trillion in prime and Morgan had just $30 million of consolation, Citi last quarter got a Bigger challenge for small banks Continued from Page 2 commercial real estate mortgages commercial mortgage losses, ac- $2 billion boost from writing up the smaller banks may suffer most first street-access location in the Big outstanding—about five times the cording to a regulatory filing. value of its subprime holdings.) as commercial and prime mortgages Apple. Next month, it will open a subprime mess—the recent spike in “We expect those to go up,” Mr. All this, of course, comes on the sour. That’s because the loans often nearly 3,000-square-foot store on delinquencies and defaults threat- Dimon said during the call, adding heels of big problems from sub- account for a large percentage of one of the busiest shopping corri- ens to hobble banks’ profits for that he didn’t expect the higher loss- prime, home-equity and credit-card their overall portfolios. dors in New York City,at 15 W.34th years.That’s a big reason why banks es to have a “dramatic impact.” loans that have forced banks For instance, 48% of St.—the former home of Aldo are reducing lending to businesses at BofA’s commercial real estate to ramp up their loan-loss Flushing Financial Corp.’s Shoes, which moved to a smaller the fastest pace on record. charge-offs swelled to $873 million reserves at a rapid rate. J.P. -16% total assets are commercial space. Rents in the area have “It’s going to be drip torture for in the third quarter, the bank said Morgan,for example,has set FALL in J.P. real estate loans, reports re- dropped by around 20%, to roughly Morgan’s banks for many years to come,” last week,a 39% bump from the sec- aside about $25 billion this middle-market search firm SNL Financial. $400 a square foot. warns Whitney Tilson, managing ond quarter’s $629 million and more year to cover anticipated business The number is 67% at New The fate of Aéropostale’s Man- partner at hedge fund T2 Partners, than triple the $262 million it re- credit losses, about double lending York Community Bancorp. hattan Mall site at is who has sold short shares in Bank of ported in the third quarter of 2008. last year’s level; meanwhile, As is the case at the big uncertain. Executives at the teen America and Capital One. “It is a Prepare for at least six more quar- the value of its loan book to middle- banks, commercial mortgages held shop decline to comment. Brokers real headwind to the banking sys- ters of similarly bad results, accord- market businesses has declined 16%. by the smaller institutions appear to speculate that once a higher-traffic tem and to the economy in general.” ing to research from Real Estate Most banks face the same con- be deteriorating rapidly. location is in operation, the mall Econometrics.The New York-based straints. According to a Federal Re- At Flushing Financial, 3.5% of store may eventually be closed. Charge-offs at BofA, Citi, Chase firm forecasts that commercial- serve survey last week, total loans at commercial real estate loans were the problem is perhaps clearest at mortgage defaults will peak at 5.4% commercial banks have dropped at more than 90 days past due as of the Breaking down walls Citi, which charged off $67 million in 2011, nearly double the 2.9% seen an annualized rate of 19% over the second quarter, up from 1.2% a year cvs is also improving its store- in commercial mortgages last quar- in this year’s second quarter. past three months, while loans to earlier,according to brokerage Sterne fronts.The drugstore giant—which ter. That’s a small sum, considering On the prime mortgage front, businesses have fallen at a 28% pace. Agee & Leach. Flushing Financial has seen a stock price gain of near Citi’s $11 billion portfolio, but it’s charge-offs at J.P. Morgan rose to It’s a phenomenon Tom Manning didn’t return a call for comment. 40% since last October and positive 70% higher than in the prior quarter. $525 million, $44 million higher is depressingly familiar with.The di- “Unfortunately,” Sterne Agee same-store sales—grabbed a corner At J.P. Morgan, its $12 billion than the prior quarter and more than rector of capital financing at Prima- analyst Matthew Kelley says of site next door to its 1241 Lexington commercial real estate portfolio triple the year-earlier period’s pace. ry Care Development Corp. says his many banks, “I think we’re in the Ave. location in the spring. The recorded losses of 2.3% last quarter, Citi doesn’t break out prime- nonprofit’s clients—hospitals and early innings.”  space hit the market when CVS’s neighbor, a bake shop and deli, closed. The move increased CVS’s a year. In the meantime, the film of- producer of Law & Order.States like square footage at East 84th Street by fice has drawn up a plan to charge for Michigan offer a 40% tax incentive. 1,200 square feet, or nearly 20%. Film biz cliff-hanger some of its services, like issuing per- Production executives agree that The pharmacy chain took similar mits to film on the streets, if its $1.8 if the fees alone were all they had to steps a few blocks away on Second Continued from Page 1 the tax incentives. million budget is cut. contend with, there would be less Avenue,adding on an adjacent store- since the dark days of the early ’90s, The biggest concern to film- worry. But already, the city’s 5% tax front that had recently been vacated. when Hollywood boycotted New makers right now is the proposal by Administrative costs incentive program has run out of “The opportunities came, and York and nothing was shot here at the Department of Citywide Ad- katherine oliver, the city’s film money, and legislation to extend it CVS took them,” says Jason Pruger, all. ministrative Services to charge commissioner, says the fees are a re- calls for downsizing the credit to the senior managing director at “The message we’re being given $3,200 every time a TV show, sult of the financial crisis and are 4%, reducing it further over the life Newmark Knight Frank Retail who is that ‘New York is no longer a pro- movie or commercial shoots in a necessary to “cover administrative of a television show,and capping the handled the deals. “Landlords are duction-friendly place,’ ” says Rich- city building. costs associated with the use of city amount a production can get.In ad- eager to capitalize on giving as much ard Brick, a New York-based pro- buildings by productions.” She dition, the $350 million, one-year space as they can to top tenants [like ducer and former film commissioner notes that filming at city buildings extension of the state’s successful CVS].” under Mayor David Dinkins. ‘We’ve proven represents less than 5% of the total 30% tax incentive program expires Doodle Doo’s, a children’s hair Industry executives question the location shooting.She adds that the March 31, and with a state budget salon and toy boutique, isn’t a big moves as the production boom has that filmmaking DCAS fee is nominal in compari- deficit that could reach $4.1 billion brand like CVS, but it is also seiz- been one of the state’s few bright son to what private locations charge this year, it is unlikely it will be re- ing its opportunities in this dismal spots in the recession. The produc- is good for for film shoots, which can be as funded at the same level. market. tion industry added 800 jobs in much as $10,000 a day. Film industry lobbyists began The retailer recently tripled its 2008, while most sectors posted job New York’ But film executives fear that once meeting with the governor’s office square footage at a bargain rent of losses. And according to a 2007 one city agency starts imposing fees, this month in a bid to make the pro- $100 a square foot when it signed a Ernst & Young study, the state and others—like the MTA, for exam- gram permanent, or at least more new lease. Doodle Doo’s owner, city collected $2.7 billion in taxes ple—will follow suit, making film- long-term,but the issue won’t be re- Dana Rywelski, pounced on the from movie and TV productions, ing in New York even more cost- solved until the budget is finalized 1,800-square-foot space at 11 while laying out only $690 million in The new fees, which were devel- prohibitive. If the fees become in April. Christopher St. after a pricey cloth- tax credits. oped with the Mayor’s Office of excessive,longtime New York icons, “We have the single most suc- ing store went out of business. She “We’ve proven that filmmaking Film,Theatre and Broadcasting and such as Law & Order, could end up cessful economic development pro- plans to open there next month, and is good for New York, and they are will be split 50-50 between the two somewhere like Detroit or Chicago. gram in recent history, and we’re she’ll close her old location on Hud- killing it,” says producer Michael agencies, are likely to go into effect “We’re always being asked [by nickel-and-diming it when we son Street when the lease is up in Hausman, adding that his Taking in the next couple of months, after a corporate parent NBC Universal] should be fully funding it and mak- December. Woodstock, which spent more than public hearing process is completed. about taking shows to any number of ing it a long-term proposition,” says $6 million in New York, would not Sources say the agencies estimate cities, where it can be more cost ef- Assemblyman Michael Gianaris, Get ’em while you can have been green-lighted without they will each earn around $136,000 fective,” says Fred Berner, executive D-Queens.  other retailers, too, are quickly latching on to whatever bargains they can. the pressure on subscriber fees. Mr. Bewkes counters that the “They’re afraid the rents are going “They need more channels,” says new structure has made Time to get terribly aggressive again,” says Quieting the critics Erica Gruen, a principal at consult- Warner easier for investors to value Faith Hope Consolo,chairman of re- ing firm Quantum Media. “Jeff and has allowed the company to fo- tail at Prudential Douglas Elliman. Continued from Page 3 decline next year and take a toll on needs to make it a bigger group.” cus on improving its core properties. Meanwhile,those that have made Parsons, who led the company after the company. Some would also like There is also the minority opinion He has not ruled out buying cable their moves are cashing in. At Terra the AOL merger,and Gerald Levin, to see Time Inc. sold or spun off. that slimming down Time Warner channels, but insists that the com- Plana, sales were up markedly in the who engineered it. “You get a sense and turning it into a pure content op- pany doesn’t need them in order to first half of this year. Now, with the that [Mr. Bewkes] thinks about the More cable networks eration won’t necessarily benefit the grow. store’s new, larger location, Ms. business in classic economic terms, and while management has company in the long run.“He’s doing Overall, he argues, there has Ellingson expects them to rise even like return on capital, and not just been praised for not joining the what Wall Street wants—and that been too much emphasis in the me- further. She is using her extra space ‘conglomerization,’ as perhaps had bidding for NBC Universal, some has rarely proved right,” says Roger dia industry on deal-making, which for more in-store displays and a small been the issue with Gerry.” observers think Time Warner Smith, executive editor of research has not lived up to its promise to cre- office. She has already hired six ad- Some analysts remain skeptical should acquire more cable net- firm Global Media Intelligence,who ate value. “The money does not get ditional employees. of Time Warner’s prospects, believ- works to spread the risk of high considers analysts’ preference for made in deals,”he says.“It gets made And, of course, she’s on the look- ing that ad spending in the U.S. will programming costs and counter smaller companies a fad. in operations.”  out for new locations. 

28 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0029-NAT-CCI-CN_-- 10/16/2009 1:33 PM Page 1

30% of Americans plan to spend less on holiday shopping this year BUSINESS LIVES Source: The NPD Group HOT JOBS EXECUTIVE INBOX

OVER THE HUMP: EDITOR Lindsay Foehrenbach Anne Fisher is making life-size COMPANY MomFinds.com camels for an exhibit at the American JOB DESCRIPTION Oversee Museum of Natural Will your stars editorial content of a trendy History. shopping Web site for mothers stick around MOST IMPORTANT TASK in a recovery? Growing the site’s reach CREDENTIALS NEEDED At least IT SEEMS Fed chief Ben Bernanke three years’ experience isn’t the only one who believes managing and editing on the the economy is about to bounce Web; knowledge of the back in a big way. parenting industry A new report by outplace- SALARY $70,000 to ment giant Challenger Gray & $100,000, depending on Christmas says that employers experience are feeling so optimistic, they’ve RECRUITER In-house announced plans to hire 169,385 people so far this year, DOWNSIDE Difficult environ- ment for online shopping an 88% leap over the same nine months of 2008. UPSIDE Chance to grow a How do you keep your best relatively new site people from wandering off to join MomFinds.com is part of the competition, once the job SheFinds Media, a network of offers start rolling in? Web sites that help women Consultant Lori Dernavich shop online. The company, (www.loridernavich.com), whose founded by Michelle Madhok, has a goal of becoming the clients include Credit Suisse, IBM Martha Stewart Omnimedia of and L’Oréal, says two key parts of online shopping. any good retention strategy are —MIRIAM KREININ SOUCCAR two-way communication—“Be truthful with employees about how the economy is affecting the company”—and helping each EXECUTIVE MOVES employee develop a long-term plan for professional growth. Touchstone Health: At Ernst & Young, “our people Bryan D. Birch, 44, was appointed are our product,” says Americas president and chief Vice Chair for People Nancy executive of the buck ennis Altobello. “We’ve turned our Medicare Advantage communications strategy HMO. He was GOTHAM GIGS upside down this year,” adding, formerly an executive among other things, a series of officer and president of employer accounts at Medco Health webcasts and interactive voice Solutions. mails to all 40,000 employees Kroll: Phil McVey, 45, joined the risk worldwide. consulting firm as president of the Still-life exhibitionist E&Y has also invested in background screening division. He was developing employees’ skills, most recently at USIS, where he served lindsay foehrenbach insists that her work is nothing like the launching Ernst & Young University as president of the commercial services First task: personalized division. popular movie Night at the Museum, but she does make exhibits this year to offer a Media6Degrees: Tom Phillips, 54, was come to life—or at least look alive. ¶ As an exhibition preparator at program of training and named chief executive of the advertising making a mentoring to everyone. technology company. He was most the American Museum of Natural History, Ms. Foehrenbach, 31,is “We’re betting on this as a recently head of search and analytics at rock. ‘I part of a team of 13 craftsmen in the institution’s workshop. She is retention tool,” says Ms. Google. Altobello. “Our research shows Zenith Media USA: currently making life-size camels for the Traveling the Silk Road consulted that Gen Y employees in David Penski, 34, was exhibit, which opens Nov. 14. ¶ The Connecticut native was always particular want to learn promoted to experts to an artsy kid, and went on to earn a studio art degree from the Rhode president. He was continuously. So EYU is designed formerly executive get the real Island School of Design. Six years ago, she responded to a job ad in to give them lots of new vice president end for an artist/welder to mount exhibits, hoping it experiences. As one of our executive group rockiness would be at one of the city’s many art museums. She landed in a development people says: ‘The director. first two or three times you do UBP Asset place where the assignments couldn’t be less abstract. ¶ Her first Management: Daniel Kelly, 43, was of it’ something, it’s a learning appointed chief risk officer of alternative task was to make a rock—a 3-foot boulder for an ocean exhibit. “I experience. After that, it’s work.’ ” investment, a newly created position. He consulted with all the experts here to get the real rockiness of it,” she previously served as chief risk officer of recalls. Ms. Foehrenbach has since created many more-complex DOES YOUR COMPANY have a strat- the Harvard University endowment at pieces, but she retains the same sense of awe she had when she first egy for keeping people from quitting Harvard Management Co. once the job market improves? Are Euro RSCG New York: Michael Fanuel, 37, arrived at the museum. “You just think,‘That rock will be in the you doing any hiring yourself these was promoted to chief strategy officer at days? Tell us at www.crain- See EXECUTIVE MOVES on Page 30 Hall of Ocean Life forever.’ ” ¶ —hilary potkewitz snewyork.com/execinbox.

October 19, 2009 | Crain’s New York Business | 29 20091019-NEWS--0030-NAT-CCI-CN_-- 10/16/2009 1:34 PM Page 1

RÉSUMÉ REVIEW Making a Marathon effort Is your job search all it could be? We ask the experts. Actor discusses just hoping to finish. I’m reading others. What sold you on the Maasai NAME MARC STUART BERLIN Haruki Murakami’s book about trust? OBJECTIVE his charitable run, running, and at the beginning, he It has a model that confronts one of To work in a medical office or health facility writes about an old Japanese saying: the conundrums of 21st century where my skills will be optimally utilized other new projects “Pain is inevitable, but suffering is a conservation.The 20th-century im- choice.”I’m trying to lock in on pulse was to draw lines around PROFESSIONAL EXPERIENCE ine years ago, actor Ed- that. things, to protect nature from  Health care consultant, 2007-present ward Norton stayed at people. But ecosystems are Contract with Lifewatch USA to market the Personal Emergency ecotourism lodge Campi Who will have the easiest more complex and integrated Response System ya Kanzi in Kenya, and time— you, David Blaine or than that. The next century is  South Shore Health Systems, Valley Stream, L.I., 2005-2007 Nwas so impressed with the Maasai the Maasai? going to be defined by address- Provider relations director Wilderness Conservation Trust that The Maasai guys. Only ing people’s needs in sustain- Recruited new primary care providers he made it one of his charitable cold weather is going to able ways. You can’t just say,  Family Residences and Essential Enterprises, Bethpage, L.I., 2004-present causes. Mr. Norton, 40, has raised persuade these guys not to “You can’t go in here.”It’s about Counselor more than $1 million for the trust in wear their sandals. Two of partnering with people like the Assist individuals with developmental disabilities the past two years. Now he wants to them have never trav- Maasai to get them the most  Healthfirst Management Services, 2002-2004 triple that total. To jump-start eled outside out of the resource while Ancillary services contractor fundraising, Kenya. One protecting it. Facilitated agreements with new ancillary providers he will run in of the guys,  Health Plus Health Plan, Brooklyn, 2000-2002 the ING New we’re What’s next for you Provider relations associate York City looking professionally? Conducted provider orientations and staff training MOVERS & Marathon on for an My company [Class 5 SHAKERS Nov.1 with 30 elite pace Films] produced a EDUCATION friends, in- partner documentary about  George Washington University, M.H.S.A., health services administration Edward cluding es- for him Barack Obama’s cam-  American University, B.S., B.A., human resources cape artist to run paign [By the People: Résumé appears in condensed form. Norton David Blaine with be- The Election of Barack and three cause Obama] that comes EXPERT ADVICE Maasai war- he’s so out on HBO Nov. 3. Marc has several advantages, including a solid health care educational riors. Donors can sponsor them at fast. We’re working on an background from top schools and solid work experience in both health www.MaasaiMarathon.com. eight-part series for plans and medical groups. Despite the recession, there is still substantial You were HBO based on Un- opportunity in health care. He should network directly with senior This will be your first marathon. How’s already daunted Courage by executives in network development and provider relations at all the your training going? helping Stephen Ambrose. managed care plans, hospitals, medical groups and nursing homes in the I’ve been running in Central Park, Friends of I’ve made two films, tristate area, as well as at consulting firms that provide those services on over the Manhattan Bridge and the High Leaves of Grass and an outsourcing basis. This comprehensive, direct approach, where he can back over the Brooklyn Bridge, all Line, Enter- Stone, that will develop personal relationships with senior hiring managers, will be the over. I’m battling shin splints. I had prise Communi- probably come out most effective for someone at his level. ty Partners and  an ambitious time goal, but now I’m in the spring. —marc gouran, president, Solomon Page Healthcare Group newscom Executive Search and Consulting Services

communications at the Alliance for wealth management firm. He had been To contact this candidate or to be featured in “Résumé Review,” e-mail us EXECUTIVE MOVES Downtown New York. president and chief investment officer at at [email protected]. Covington & Burling: Presage Capital Management. Continued from Page 29 Fred Knecht, 49, was TitleVest: Carey LeRoux, 38, joined the the integrated marketing named partner in the title insurance company as a managing communications agency. He was law firm’s corporate director of business development. She formerly managing director of strategy. practice. He joins was formerly an associate at Alston & Broadcasting Corp. She had been group. She was most recently a partner MSG Entertainment: from Merrill Lynch, Bird. managing director of media operations. at Baker & McKenzie. Howard Handler, 48, where he served as Law Offices of Marvin B. Mitzner: Marvin Prager and Fenton: Gary K. Green, 50, Kramer Levin Naftalis & was named executive managing director and B. Mitzner, 62, opened his own firm was promoted to partner from senior Frankel: Cheryl E. vice president of general counsel for specializing in land use, zoning, manager at the accounting firm. Hader, 45, joined the marketing and sales. global origination and private equity. government regulations and real estate Dahlman Rose & Co.: law firm as partner in He was formerly Aragon Construction: Frederick F.Coffey, law. He was formerly a partner at Alex Khutorsky, 38, the individual clients executive vice president 44, was appointed senior vice president. Blank Rome. was named managing group. She was most for North America at He was formerly director of Duane Morris: Marc Kushner, 42, joined director and head of recently a partner at EMI Music. construction for the Americas at Credit the law firm’s corporate practice group mergers and Ropes & Gray. Brooklyn Youth Chorus Academy: Valerie Suisse. as partner. He was formerly a partner at acquisitions at the The Clarett Group: Ruth G. Lewis, 37, was named executive Lowenhaupt Global Advisors: Daniel J. Seyfarth Shaw. investment bank. He Ann Blankenheim, 30, was promoted to director. She was most recently senior DeSimone, 43, was appointed principal Razorfish: Frederic Bonn, 37, joined the was previously vice president at the real estate vice president of marketing and and senior investment adviser at the interactive marketing agency as group managing director of developer. She had been associate creative director. He was formerly at Bank of director. creative director at Ogilvy Interactive America Merrill Lynch. Flightpath: John Lee, 38, joined the CORPORATE LADDER Paris. Mitchell Silberberg & Knupp: James E. digital marketing agency as director of Jones Day: Terri Chase, 40, joined the law Schwartz, 53, joined the law firm as a digital marketing and analytics. He was firm as partner. She had been a partner partner. He was formerly a partner at formerly director of interactive FORMER NYC & COMPANY at McDermott Will & Emery. Carb Luria Cook & Kufeld. marketing at Structured Web. EXEC HEADS TO BROADWAY Kaufman Astoria Studios: Tracy Capune, AKA Times Square: Jenna Arin, 38, was NY Waterway: Alan Warren, 36, was 39, joined the film and television named general manager of the flexible- promoted to vice president of ferry CRISTYNE L. NICHOLAS, 44, was named chairman of production center as vice president. She stay residence. She was most recently operations from director of ferry the Broadway Association, replacing Dennis was most recently an urban planning director of sales and marketing at operations. Swanson, who has held the position for six years. Ms. and real estate consultant. Algonquin Hotel. Landair Project Resources Inc.: Leonidas Nicholas will continue in her role as chief executive Mr Youth: Dan LaFontaine, 35, joined Roundarch: Paul Tebsherany, 52, was Flores, 44, was promoted to comptroller of Nicholas & Lence Communications the social marketing agency as chief named director of business development from senior bookkeeper at the real estate , which she co-founded. She was financial officer. He was most recently at the digital design and implementation development firm. previously president and chief executive of NYC & Company, the city’s tourism U.S. chief financial officer and chief firm. He most recently held the same Anchin Block & Anchin: Terry Pissi, 48, and marketing organization. After Sept. 11, 2001, Ms. Nicholas worked operating officer at The Gate title at Razorfish. was promoted to partner. She was aggressively to bolster the city’s $24 billion tourism industry. Among her other Worldwide & Illuminas Global. PricewaterhouseCoopers: Steven Kahn, formerly a director at the accounting accomplishments, she was appointed to the United States-Japan Tourism McKool Smith: Peter S. Goodman, 49, 52, joined the accounting and consulting and advisory firm. Export Council in 2002 and represented the State Department at a joined the law firm as partner in the firm as a director in the pharmaceutical —maia blume conference to promote tourism in Eastern Europe in 2004. The Broadway bankruptcy practice, a newly created and life sciences practice. He was most position. He was formerly a partner at recently a senior manager at EXECUTIVE PROMOTIONS Association is a not-for-profit organization whose mission is to enhance the Andrews Kurth. BearingPoint. The fastest way to get an announcement into cultural and economic status of the Broadway theater district. WNET.org: Roslyn Davis, 55, was Riker Danzig Scherer Hyland & Perretti: Crain’s is to submit details online. Fill out the form —maia blume promoted to vice president and acting Natasha Ziabkina, 36, joined the law at www.crainsnewyork.com/submit. The general manager of Educational firm as partner in the corporate practice Executive Moves column is also available online.

30 | Crain’s New York Business | October 19, 2009 20091019-NEWS--0031-NAT-CCI-CN_-- 10/16/2009 1:36 PM Page 1 chemex / INSATIABLE CRITIC EUROPE for a lecture on the art of flickr.com Gael Greene multilingual communication from THE 6 p.m. to 8 p.m. at the McCann- Erickson Building, 622 Third Ave. The event is free for members and $30 for WEEK nonmembers. For more details, contact (212) 972-3035 or [email protected]. An irresistible WEDNESDAY, OCTOBER 28 AHEAD SCORE NYC will hold a restaurant and food-services small business seminar OCT.26-NOV. 1 from 10 a.m. to 1 p.m. at the Science, way with pasta Industry and Business Library, 188 Madison Ave., lower level. Fees are $49 FORUMS

in advance and $59 at the door. For newscom Sfoglia’s primo WEDNESDAY, OCTOBER 28 further details, contact (212) 264-4507 PROFESSIONAL WOMEN IN CONSTRUCTION or [email protected]. WHAT HE’S Italian food draws will host a forum on the future of power and energy from 8 a.m. to 10 a.m. at the Join THE JAPAN SOCIETY FOR A LECTURE on LISTENING TO crowds uptown Yale Club, 50 Vanderbilt Ave., 20th how foreign companies are remaking floor. Fees are $70 for members in the American dream from 6 p.m. to New York Philharmonic Orchestra foglia’s late-summer advance, $85 for nonmembers in 8 p.m. at 333 E. 47th St. The lecture is Executive Director ZARIN MEHTA shutdown to rejigger the advance and $95 at the door for all. free for members and $15 for says relaxing at home with a entrance, stake its claim to Contact (212) 486-7745 or nonmembers. For more information, [email protected] for more information. call (212) 715-1208 or e-mail Beethoven sonata is no longer an a small carryout shop next [email protected]. option. He’s too busy listening to door, Tutto Sfoglia, and INFORMATION SESSIONS music at the office. For example, double its tables has not quite ab- TUESDAY, OCTOBER 27 CULTURAL EVENTS S buck ennis Pick musicians who want to do a solo sorbed the crowd’s demands the VOLUPTUOUS: Wild mussels in broth THE NEW YORK STATE SOCIETY OF CPAs will SUNDAY, NOVEMBER 1 of the may send him several recordings. Tuesday we settle beside the wine host an informational meeting on Head to THE MORGAN He goes to concerts, too—at accounting reform law from 5:30 p.m. to LIBRARY & MUSEUM for the week racks at a wide round in the rear of the Philharmonic, of course. And the annex. A big party of walk-ins SFOGLIA 8 p.m. at Con Edison Auditorium, final day of the special 135 E. 92nd St. 4 Irving Place, 19th floor. The event is exhibition of Maurice Sendak’s the Met. He attended the con- has been gratefully exiled to the troversial production of Tosca, but small upstairs party room. A flutter (212) 831-1402 free. For more information, call Where the Wild Things Are: drawings and (800) 537-3635. manuscript pages in honor of the Oct. swears he was not one of those of anxious standees clusters at the www.sfogliarestaurant.com 13 premiere of the Where the Wild Things booing. “There were things I liked door. Alas, even with its new six- PROGRAMS & WORKSHOPS Are, a Warner Bros. production. The and things I didn’t. That happens burner stove top, the kitchen’s pace MONDAY, OCTOBER 26 museum is located at 225 Madison Ave., at any production,” he says. seems a bit slow.Still,we have splen- CUISINE Italianate THE SUPPORT CENTER FOR NONPROFIT and admission is $12 for adults; $8 for MANAGEMENT Music may be his life, but he did olives, big chunks of the house’s PRICE RANGE Entrées $22-$32 will hold a workshop children under 16, seniors and students shiny butter-slicked bread—warm, on connecting in the information age with ID; and free for members and finds time for other cultural crackle-crusted, slightly salty— SERVING Lunch, Tues.-Sat.; from 10 a.m. to 1 p.m. at 305 Seventh children 12 and under. The museum is pursuits. He loved Julie & Julia, wine to sip, and much to talk about. dinner, seven days Ave., 11th floor. Fees range from $60 open from 10:30 a.m. to 5 p.m. Tuesday starring Meryl Streep and Amy to $160. For further information, call through Thursday, until 9 p.m. on Adams. And this summer, he saw When mussels are in season, RESERVATIONS Necessary (212) 924-6744. Friday, from 10 a.m. to 6 p.m. on Sfoglia gets the biggest and fattest, Mary Stuart and West Side Story NOISE LEVEL Bearable Saturday and from 11 a.m. to 6 p.m. and Steven and I must have the SEMINARS on Sunday. For more information, call on Broadway. voluptuous wild mussels with slivers I can’t wait to return. TUESDAY, OCTOBER 27 (212) 685-0008. —VALERIE BLOCK of spicy salami in a heady broth, fra- Join the AMERICAN BUSINESS FORUM ON —maia blume I will definitely go back. grant with tomato and fennel. But it’s love of pasta that keeps I’ll let them simmer awhile. bringing me back to Sfoglia. I had NO HATS Never again. wandered into the tiny storefront kitty-corner from the 92nd Street Y after a gig in 2006,alerted by a fan of corn risotto with bits of lobster, Ron and Colleen Suhanosky’s Nan- summer squash, peppers and basil, tucket Inn. Though amused by the though not the pappardelle with its uptown whimsy of country cottage surprisingly stodgy Bolognese. airs on —un- True,I walk into this place with such matched tables, flour sack wall high expectations.And I do take the hangings and farm tools illuminated occasional stumbles personally— by pink glass chandeliers from Mu- two unseasoned pastas on an rano—I studied the menu with my evening I am showing off to friends typical show-me armor. Spaghetti from Paris,or an unseemly puddle of with San Marzano tomatoes and butter in the gnocchi dish some strawberry definitely made me wary. weeks later. Then I tasted. How exciting to be Usually dessert blurs the disap- wrong.The tang of the fruit and bal- pointment.Sfoglia veterans know to samic vinegar was a revelation. order the torta of the day in advance. After my first rave, other critics Passionate fans of Colleen’s bread- came and loved it,too,and the house and-butter pudding will always ask began booking a month, even two for it and sulk for a while if it’s not months ahead. I counted myself available. I prefer the rustic folded lucky to get in on someone’s cancel- pastry, usually filled with fruit, al- lation, eager to try the latest veg- though it might be an intense lemon etable riff—string beans in tuna curd in winter. It’s blackberry and sauce, bitter rapini with black olive peach tonight with a scoop of gela- pesto, roasted treviso with apricots to melting on top. Do I imagine it’s and rosemary in balsamic. Of less than the usual amazing confec- course, I might succumb to black tion because I know that Colleen bass on a bed of puntarelle or a per- has moved to Florence for the fection of monkfish I can never for- school year so the children can be get, the chicken al mattone (crisped immersed in Italian? Or has it real- under a heavy weight) or sweet and ly lost a notch of perfection? If so, hot sausages with roasted plums. the huge slice of luscious milk I try not to show how much I hate chocolate, espresso and hazelnut sharing tonight’s marvelous ricotta semifreddo more than compen- gnocchi with zucchini, crisp bits of sates.The chef ’s gift of house cook- guanciale and cannellini beans. Not ies seals the deal. that I couldn’t be happy with the fusilli al telefono (so called for the Copyright © 2009 by Gael Greene. strings of melted mozzarella) or Syndicated by www.insatiable-critic.com.

October 19, 2009 | Crain’s New York Business | 31 CN012759 2/20/09 1:01 PM Page 1

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