20160613-NEWS--0001-NAT-CCI-CN_-- 6/10/2016 7:46 PM Page 1 CRAINS
Albany does it again P. 5 | Trump’s $304 tax break P. 7 | THE LIST: NY’s largest engineering firms P. 13
® JUNE 13-19, 2016 | PRICE $3.00 NEW YORK BUSINESS
IN SEARCH OF THE HOTDOG MILLIONAIRE Food carts once offered hardworking entrepreneurs a way to get ahead. Not anymore. Why a thriving black market has left street vendors tapped out PAGE 18 PLUS: Street vendors take the road most traveled PAGE 15
VOL. XXXII, NO. 24 WWW.CRAINSNEWYORK.COM
0 71486 01068 5 24 NEWSPAPER 20160613-NEWS--0002-NAT-CCI-CN_-- 6/10/2016 7:37 PM Page 1
JUNECRAINS 13-19, 2016
FROM THE NEWSROOM | JEREMY SMERD IN THIS ISSUE Summer (not) free for all 3 AGENDA
ECONOMISTS BELIEVE JOB growth in the city will show a dip 4 IN CASE YOU MISSED IT when figures are released later this month, thanks to the 5 POLITICS A new bill in impact of the Verizon wireless strike, the strengthening 6 ASKED & ANSWERED Albany would increase the dollar that has tourists spending less and rising rents that are 8 WHO OWNS THE BLOCK density of city hurting retailers. But, worry not, the economy will bounce high rises 9 REAL ESTATE back. One reason: Summer is here. 10 “People are opening new summer camps,” said INSTANT EXPERT Barbara Byrne Denham, an economist with real estate 11 VIEWPOINTS analytics company Reis. “There’s 13 THE LIST a demand: more working parents, more kids and more There’s a demand for disposable income.” camps: more working FEATURES Those in the industry agree. “We have been growing “ 15 WORKING THE STREETS over a number of years in our summer camp program,” said parents, more kids 18 HOT DOG MILLIONAIRES Gary Laermer, chief development officer for the YMCA. “As and more disposable employment has continued to increase, working parents income need to find safe, affordable opportunities that also offer FPO extended-day programs.” The Labor Department does not track employment in summer camps. Some of it is classified as day care, some as education. That difference partly reflects the tension between competitors. A friend of mine began a summer camp in Williamsburg eight years ago and had grown it steadily. Terence Murren and his three partners created CAMP—Creative 31P.15GOTHAMAnne GIGS Arts and Music Programs—because as working artists (two musicians, a dancer and a visual artist) they wanted to create activities that reflected their belief that kids can CORRECTIONS AND CLARIFICATIONS exceed adults’ expectations of them. “We are not an arts-and-crafts, drop your kids STEPHEN JACOBS is president and Herb Weber is vice presi- dent of the architecture firm Stephen B. Jacobs Group. This off and glue Popsicle sticks together camp,” Murren said. fact was misstated in Crain’s list of the largest architecture But for the first time, sales are down because of intense competition in the firms in the New York area, published June 6. neighborhood, he said. Taxi driver MASUD PERVEZ’s commission when he drove for Uber was 20%. That fact was incorrect in “They’re over Uber,” Some of that is coming from Steve and Kate’s Camp, an outfit established three published June 6. Pervez and Uber both said he made $1,400 decades ago in San Francisco. It opened its first camp last year in the East Village. a week after commissions but before gas and car expenses This year, it’s planning three more, including one in Williamsburg. Unlike the while working for Uber. That detail was unclear in an earlier version of the article. highly structured approach of CAMP, kids at Steve and Kate’s can choose minute to JUNO says it will add a tip function to its app when it’s minute from a menu of activities. Likewise, parents buy vouchers that can be used released to the public. That fact was unclear in “Juno: Uber for on any given day without having to sign up in advance or commit to a whole week, the anti-Uber crowd,” published June 6. and can pick up and drop off whenever they want between 7:30 a.m. and 6 p.m. “The flexibility we offer is unheard of,” said Elea Crockett, Steve and Kate’s Williamsburg director. The question will be whether the do-it-yourself, small- batch artist-run camps, which Murren says are dwindling, can take the heat from the more established players.
ON THE COVER PHOTO: BUCK ENNIS CONFERENCE CALLOUT JUNE 27 DIGITAL DISPATCHES DISRUPTION AT THE Dr. Richard Park is CEO of CityMD. DOCTOR’S OFFICE Go to CrainsNewYork.com JOIN CRAIN’S for a morning READ conference that will bring togeth- The city offered $100 million er the most important executives to the owner of a CitiStorage site in in health care to examine how Williamsburg, Brooklyn, in hopes of delivering on a promise to doctors are adapting to upheavals > expand Bushwick Inlet Park. The in the field and the implications owner, Norman Brodsky, rejected for costs and quality. the offer and is seeking $325 million NEW YORK for the parcel. ATHLETIC CLUB ■ On CNBC’s Squawk Box, Mount Sinai Health 8 a.m. to noon System CEO Dr. Kenneth Davis assured the [email protected] public that the system remains committed to serving lower Manhattan. Mount Sinai also Vol. XXXII, No. 24, June 13, 2016—Crain’s New York Business (ISSN 8756-789X) is published weekly, except for double sent residents a letter outlining the system’s issues the weeks of June 27, July 11, July 25, Aug. 8, Aug. 22 and Dec. 19, by Crain Communications Inc., 685 Third Ave., plan to invest $500 million in a new facility. New York, NY 10017. Periodicals postage paid at New York, NY, and additional mailing offices. Postmaster: Send address changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. ■ JetBlue Airways scaled back its plan to For subscriber service: Call (877) 824-9379. Fax (313) 446-6777. $3.00 a copy, $99.95 one year, $179.95 two years.(GST increase flight and seat capacity for the full No. 13676-0444-RT) year between 8% and 9.5%; initially the New BUCK ENNIS ©Entire contents copyright 2016 by Crain Communications Inc. All rights reserved. York airline projected as much as a 10.5% increase.
2 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0003-NAT-CCI-CN_-- 6/10/2016 7:38 PM Page 1
AGENDAWHAT’S NEW JUNE 13, 2016 Food-vending rules turn entrepreneurs into criminals. Here’s a solution
or decades, city government has presided over a chaotic and arbitrary street-vendor system. To even call it a system is generous. It is so poorly regulated that it is dominated by a black market befitting a third-world nation, not a global Ffinancial center. The seeds of this dysfunction were laid in the early 1980s when the city capped the number of permits to sell food from carts and trucks. The NO FREE limit of about 3,000 made permits instantly valuable—yet the city con- LUNCH: Food vending can be tinued to rent them out for two-year terms at the absurdly cheap price good business, of $200. A few wise entrepreneurs began accumulating permits and but the city’s renting them out for big profits, so the city instituted a one-person, one- rules have made a permit rule. That merely spread the black market over a greater number mess of it of permit holders. They continue to renew their precious stickers for $200 and now lease them out for $20,000 or more. they agree on is that the current regime is not working. This is illegal, and it makes criminals of your favorite food truck Some steps are obvious. The city must legitimize the market for per- operators. They must conspire with the legal permit holder—who may mits. Auctioning them, as is done with taxi medallions, would accom- live in another state or even overseas—to fool the city every two years plish this. A protocol for locations must be created so that there’s no at renewal time. And while holders of daily free-for-all as vendors race for the permits can keep renewing them, the The city can end the black market for best spots, pedestrian flow is not impeded, vendors who rent them often make permits by auctioning them, as it does food trucks don’t get parking tickets and poverty wages, Crain’s found in explor- brick-and-mortar establishments are not ing this twisted universe for this week’s with taxi medallions undermined. cover story. Time limits on some permits could be Business groups and vendors’ advocates have long called for reform, short enough to make them affordable but long enough for vendors to to no avail. The last two mayoral administrations have seemed content establish a customer base. Food carts should be standardized, like news- to crack down sporadically on entrepreneurs who operate in a system stands were, for aesthetic purposes, and use curbside power pedestals that virtually demands they break the rules. The City Council at least rather than noisy, exhaust-belching generators. wants reform, but it is paralyzed by a desire to satisfy stakeholders whose Three decades of mayhem is quite enough. A great city should not conflicting interests make consensus nearly impossible. The one thing relegate food vending to the Dark Ages. – THE EDITORS
FINE PRINT Tickets for Lin-Manuel Miranda’s final performance in Hamilton, July 9, have sold for as much as $6,600 on the secondary market, according to ticket reseller TiqIQ. Separately, the show’s producers have raised the box office price for the costliest tickets to $849 each, beginning in late January 2017.
BY GERALD SCHIFMAN STATS 25 WORDS OR LESS KEEPING UP WITH CRAVATH LAST WEEK, Cravath Swaine & Moore—ranked No. 8 on Crain’s 2015 list of the New York area’s largest law firms—increased CITY AND THE I’m firing a its pay scale for the first time in nearly a decade, triggering “ other firms to do the same. peashooter, Cravath’s new pay scale Cravath’s previous pay scale and they have $350K a bazooka $300K $250K
—Bill Yuhnke, president of Buffalo’s $200K Rise in the cost of living % in New York City from Liberty Yellow Cab company, on the $150K 23 2009 to 2014 lobbying power in Albany of cab- 1yr. 2yr. 3yr. 4yr. 5yr. 6yr. 7yr. 8yr. company owners versus that of ride- Number of firms on Crain’s top 25 list New first-year associate hail giant Uber that also increased salaries to match salary at Cravath, an 14 or exceed Cravath’s $180K increase of $20,000
ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY SOURCES Above the Law, The Economist ISTOCK, BUCK ENNIS
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 3 20160613-NEWS--0004-NAT-CCI-CN_-- 6/10/2016 7:38 PM Page 1
AGENDA ICYMI CRAINS EDITOR IN CHIEF Rance Crain publisher, vp Jill R. Kaplan assistant to the publisher Seabrook’s arrest points to Devin Arroyo, 212.210.0701 EDITORIAL editor Jeremy Smerd troubles with union funds assistant managing editors Erik Engquist, Peter S. Green, Jeanhee Kim web editor Amanda Fung HEN THE BLOOMBERG administration proposed copy desk chief Steve Noveck consolidating dozens of union welfare funds, art director Carolyn McClain photographer Buck Ennis labor leaders balked at yielding control. Last senior reporters Joe Anuta, Aaron Elstein, W Matthew Flamm, Daniel Geiger week, federal prosecutors alleged that Norman Seabrook (pic- reporters Rosa Goldensohn, Jonathan LaMantia, Caroline Lewis, tured), president of the city correction officers union, Addie Morfoot data reporter Gerald Schifman received a $60,000 kickback to steer money from his web producer Peter D’Amato union’s fund to a hedge fund. That raises the question of columnist Greg David contributing editors Tom Acitelli, whether corruption has touched other union welfare Theresa Agovino, Barbara Benson, Erik Ipsen, Judith Messina, funds. There are 90 in the city, operating with minimal Cara S. Trager ADVERTISING oversight and getting $1.1 billion a year from taxpayers. www.crainsnewyork.com/advertise These are not like the city’s five major pension funds, advertising director Irene Bar-Am [email protected] or which have board members representing the mayor, the city comptroller and the relevant unions. The 212.210.0133 senior account managers comptroller and mayor exercise significant control over these funds. Zita Doktor, Jill Bottomley Kunkes, Rob Pierce, Stuart Smilowitz The Seabrook charges are illustrative of the dangers of a lack of oversight. U.S. Attorney Preet Bharara senior marketing coordinator said decisions about the correction officers fund were supposed to be made by a five-member board of LeAnn Richardson sales/events coordinator Ashlee Schuppius union officers. In practice, Seabrook called the shots. He sent $20 million to the risky hedge fund. Even 212.210.0282 [email protected] the lawyers and advisers who raised alarms didn’t press their objections, because they could have ONLINE general manager Rosemary Maggiore been fired. 212.210.0237 Six years ago the Citizens Budget Commission reported that union benefits funds had minimal [email protected] CUSTOM CONTENT reporting requirements that they often didn’t meet anyway, and that the comptroller had no power to director of custom content Patty Oppenheimer 212.210.0711 act when they didn’t follow the rules. The defiant Seabrook hasn’t yet raised a white flag, but his arrest [email protected] certainly raised a red one. – GREG DAVID custom content manager Giovanni Perla [email protected] EVENTS DATA POINT www.crainsnewyork.com/events Fairway revamp prominent backer—fashion designer director of conferences & events THE NUMBER OF DAILY BICYCLE Courtney Williams, 212.210.0257 Fairway Group Holdings Corp.’s Diane von Furstenberg. It is unclear [email protected] restructuring plan was approved by a TRIPS TO MANHATTAN ROSE BY how much the new facility will cost, manager of conferences & events bankruptcy court. The plan cuts the but it will take an estimated two years Adrienne Yee 190,000 FROM 2010 TO 2015, AUDIENCE DEVELOPMENT supermarket chain’s debt by $140 mil- to build. director of audience & content lion, leaving it with about $50 million WHILE DAILY MOTOR-VEHICLE TRIPS partnership development in cash to operate. The Manhattan- Times Square zones Michael O’Connor, 212.210.0738 TO THE BOROUGH FELL BY 45,000 [email protected] based company’s 4,000 employees Dedicated zones in Times Square DURING THE SAME PERIOD, CRAIN’S 5BOROS will keep their jobs. Fairway, which pedestrian plazas are being carved out www.5boros.com filed for Chapter 11 protection last ACCORDING TO THE CITY for Elmo, Batman and other costumed Irene Bar-Am, 212.210.0133 month, has not given notice that it will characters. Street performers who [email protected] TRANSPORTATION DEPARTMENT. REPRINTS close any of its 15 stores. solicit tourists will be restricted to reprint account executive Krista Bora teal-painted squares starting June 21. 212.210.0750 Water-bill hike on hold The new rules were signed into law in PRODUCTION In a win for landlords, a state judge company has filed for Chapter 11 pro- April and are designed to curb aggres- production and pre-press director Simone Pryce temporarily stopped the city from tection and put itself up for auction. sive panhandling. media services manager Nicole Spell – AMANDA FUNG imposing a 2.1% water-rate increase. Gawker announced that it entered into SUBSCRIPTION CUSTOMER SERVICE A group of landlords argues that the an asset sale agreement with Ziff www.crainsnewyork.com/subscribe [email protected] city Water Board’s budget does not Davis, which reportedly bid $100 mil- 877-824-9379 (in the U.S. and Canada). justify the hike. The building owners lion. Other bidders may emerge. $3.00 a copy for the print edition; or $99.95 one year, $179.95 two years, for print also charge that a one-time credit of subscriptions with digital access. $183 for single-family homeowners is Ralph Lauren shake-up to contact the newsroom: biased against multifamily buildings. The New York-based luxury retailer’s www.crainsnewyork.com/staff 685 Third Ave., New York, NY 10017-4024 The judge’s reprieve expires June 20. new CEO, Stefan Larssen, said the phone: 212-210-0100 fax: 212-210-0799 company would close 50 stores and Entire contents ©copyright 2016 Landmark deadlines cut 1,000 jobs globally, or about 8% of Crain Communications Inc. All rights reserved. ®CityBusiness is a registered The City Council unanimously its full-time staff, in an effort to lift trademark of MCP Inc., used under license approved new deadlines for the public business and make it leaner as it refo- agreement. review process for proposed land- cuses on its flagship brands: Ralph Naming right CRAIN COMMUNICATIONS INC. BOARD OF DIRECTORS marks. The Landmarks Preservation Lauren, Polo and Lauren. The compa- The Metropolitan Transportation chairman Keith E. Crain Commission must decide on a proper- ny tapped Jane Nielsen from rival Authority said it will not correct the president Rance Crain ty’s landmark status within a year of Coach Inc. as chief financial officer, treasurer Mary Kay Crain, Cindi Crain spelling of the Verrazano-Narrows executive vp, operations William Morrow its being calendared for consideration. and Bill Campbell from Amazon as Bridge because it would be too executive vp, director of strategic Decisions on designating historic dis- head of supply chain and inventory operations Chris Crain costly. A Brooklyn college student’s tricts must be made within two years. management. executive vp, director of corporate online petition had called for the operations K.C. Crain Single properties are allowed a 12- senior vp, group publisher David Klein MTA to add a second “z” to the month extension, but districts are not. Lady Liberty museum vp/production, manufacturing David Kamis span’s name. The bridge, which chief financial officer Thomas Stevens Preservationists objected to the action. To increase public access to Statue of opened in 1964, was named for chief information officer Anthony DiPonio Liberty exhibits and provide more founder G.D. Crain Jr. [1885-1973] 16th-century Italian explorer Gawker files for bankrupcty shelter to visitors during bad weather, chairman Mrs. G.D. Crain Jr. [1911-1996] After losing a $140 million invasion- a stand-alone 20,000-square-foot Giovanni da Verrazzano. The error secretary Merrilee Crain [1942-2012] of-privacy lawsuit brought by wrestler museum is planned. The effort will be was traced to a 1959 contract.
BLOOMBERG, GETTIY IMAGES Hulk Hogan over a sex tape, the media privately funded and already has one
4 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0005-NAT-CCI-CN_-- 6/10/2016 5:07 PM Page 1
AGENDA POLICY
Classic Albany: Legislators mess with city’s new bag fee
Senate pursues plan that critics say has already failed BY ROSA GOLDENSOHN AND ERIK ENGQUIST
lbany law- has kept only a tiny per- Tony Avella, D-Queens, not want to be “driven year bid last month to Oct. 1, said, “It’s unfor- makers have centage of bags from wrote the one promoting crazy” and “nickeled stop the city from tunate, but not surpris- been slow to becoming trash or litter. recycling bins, while and dimed every single approving a bag fee. ing, that the state Senate pass ethics The two Senate bills Brooklyn’s Simcha day.” The plastic-bag City Councilman Brad would vote to mandate Areforms, extend may- were each sponsored by Felder led the charge industry has been lobby- Lander, D-Brooklyn, that New York City waste oral control of schools city Democrats who cau- against bag fees. Felder ing Albany lawmakers who had championed billions of plastic bags and renew expired tax cus with Republicans. said his constituents do since losing its three- the fee set to take effect each year.” Ⅲ breaks. But when a chance arose to micro- manage the city, they sprung into action. The state Senate voted last week to block the city’s impending 5- cent fee for use of dis- posable shopping bags, and to prevent other localities from enacting one. The fee might still happen—Assembly Democrats plan to negotiate a compromise with the city—but the Senate majority’s action was a reminder of its dislike for Mayor Bill de Blasio, who signed the city’s bag-fee bill in May as a way to reduce plastic waste. The 36-22 vote out- raged green groups and newspaper editorial RETENT ON boards. “Whatever you think about imposing a bag fee, this is Albany at its corrupt, imperious worst,” the Daily News wrote. To avoid appearing anti-environment, senators voted on the same day to make existing plastic-bag recycling bins in large stores more accessible to consumers. But envi- ronmental groups panned that bill as well, saying it built on a 2008 state recycling law that has done virtually nothing to curb waste and is a poor alternative to fees that encourage Offer the right benefits. Keep employees at their best. shoppers to carry their At Aflac, we know building your business starts with keeping your best employees. own reusable bags. Which is why we help with costs not covered by major medical insurance and pay “It’s a wolf in your employees directly. And with One Day Pay,SM we make it a priority to pay claims sheep’s clothing,” said SM Eric Goldstein, a senior as fast as possible — in 2015, Aflac paid 1.2 million One Day Pay claims. All so your See what Aflac can do for attorney at the Natural employees and business can stay focused on success. Resources Defense your business at aflac.com/retention Council. Environmental Advocates of New York *Aflac pays policyholders directly, unless otherwise assigned. **One Day PaySM available for most properly documented, individual claims submitted online through Aflac SmartClaim® by 3 p.m. ET. deemed the bag-bin bill Aflac SmartClaim® not available on the following: Disability, Life, Vision, Dental, Medicare Supplement, Long-Term Care/Home Health Care, Aflac Plus Rider, Specified Disease Rider and Group inconsequential: Few policies. Aflac processes most other claims in about four days. Processing time is based on business days after all required documentation needed to render a decision is received and no further validation and/or research is required. Individual Company Statistic, 2015. Individual coverage is underwritten by American Family Life Assurance Company of Columbus. stores in New York City In New York, individual coverage is underwritten by American Family Life Assurance Company of New York. Worldwide Headquarters | 1932 Wynnton Road I Columbus, GA 31999. are large enough to be Z160117 3/16 required to install the
GETTY IMAGES bins, and the 2008 law
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 5 20160613-NEWS--0006-NAT-CCI-CN_-- 6/10/2016 5:07 PM Page 1
AGENDA ASKED & ANSWERED ENTERTAINMENT INTERVIEW BY ADDIE MORFOOT
JULIE MENIN Mayor’s Office of Media and Entertainment
ulie Menin had been the city’s consumer affairs We know that commissioner for just two years when, on February 22, she there are many took over the role of supporting the city’s booming film- “ and-television industry. Menin is also known for her earlier communities who Jcivic efforts.After 9/11, she founded and ran the want filming and nonprofit Wall Street Rising to promote business growth the benefits that and economic development in lower Manhattan.Through it, she filming brings enabled more than 600 small businesses to stay put. In 2002, she worked with Jane Rosenthal and Robert De Niro to launch the first Tribeca Film Festival.
You are often called New York City’s film czar. Does this accurately describe your role? Under the new expansion of our office announced by Mayor de Blasio when I was appointed, we now support the music, ad- vertising and digital-content communities, as well. In addition, we run NYC Media, which has one radio station and six television stations, including the popular NYC Life (Channel 25). At the Emmys in March, NYC Life won five awards, four that went to programs we co-produced. DOSSIER What are your goals for the future of the city’s film and TV industry? It employs 130,000 New Yorkers and generates almost $9 billion in WHO SHE IS Commissioner of the economic activity. Is the city bursting at the seams with production? Mayor’s Office of Media and Entertainment We certainly want the entire media and entertainment industry to AGE 48 grow, because that means more middle-class jobs for New Yorkers, BORN Washington, D.C. and greater economic activity for our small businesses and our city as a whole. The expansion of Silvercup in the Bronx and Broadway RESIDES Manhattan Stages in Staten Island will allow for more productions. EDUCATION Columbia University, B.A., in political science; Northwestern The entertainment industry is in the midst of a diversity crisis. What University, J.D. will your office do to help? JILL OF ALL TRADES Menin began Our Made in New York Production Assistant Program has had her career in 1992 as a regulatory more than 600 graduates since its inception in 2006. The pro- attorney in D.C. In 1999, she opened gram provides unemployed and low-income residents with train- and operated Vine, a restaurant, ing and placement into entry-level positions in film and television market and catering operation in lower Manhattan. production. Ninety-five percent of graduates are people of color, and just over half are female. WIN/LOSE Beginning in 2005, The city also invested $2 million for scholarships at the Menin served as chairwoman for Community Board 1, where she Brooklyn College Barry R. Feirstein Graduate School of Cinema, was elected for three which welcomed its inaugural class of 69 students in the fall of consecutive terms. In 2013, she 2015. Nearly half are women, and 43% are people of color. It is lost her bid to be Manhattan designed to provide affordable access to career opportunities in Borough President. cinema, while simultaneously creating a pipeline of diverse tal- JUBILEE At the 50th ent that can work in the local film industry in the five boroughs. anniversary celebration of the office on June 8, Menin Brownstone neighborhoods are very popular for location shooting. announced it will produce 50 How do you convince studios to venture to underutilized boroughs? free, public events in the five We know that there are many communities who want filming and boroughs over the next year. the benefits that filming brings. That’s why we are speaking with location managers, productions and studios about these areas, as well as looking into city-owned assets to seek out opportuni- BUCK ENNIS ties to create new production and post-production facilities.
After three years in Los Angeles, MTV Video Music Awards is returning to New York in August. How important are these one-day events? The VMAs create key value by contributing millions of dollars in economic activity to the city. Hundreds of small businesses are supported by this celebration and its attendant commercial activity.
What other awards shows would you like to see here? The Grammys, which create approximately $200 million in economic activity for the host city. Ⅲ
6 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0007-NAT-CCI-CN_-- 6/10/2016 5:07 PM Page 1
AGENDA POLITICS
Why did Trump get a middle- class tax break yet again?
Mystery over Trump’s income deepens as city checks for eligibility BY AARON ELSTEIN
onald annuities or individual Information Law. But income tax returns, for annual income to vers may comply with Trump’s retirement accounts. after two months, the now his property-tax under $500,000 by tax law, but could be New York To try to sort it out, in Department of Finance bills are about the only taking advantage of difficult to explain to City prop- March, Crain’s asked for said that no documents available window into loopholes that give voters. Derty tax bill, published copies of Trump’s STAR could be found. his finances. It’s con- real estate profession- Or, his income may June 3, shows he again applications under New Because Trump has ceivable that Trump als ways to minimize simply be much smaller received a tax break York’s Freedom of refused to release his manages to lower his income. Such maneu- than he has let on. Ⅲ intended for middle- class New Yorkers. The presumptive GOP presidential nom- inee’s latest bill shows he was awarded a credit under the New York State School Tax Relief Program. To be eligible for STAR, a married couple must have an annual income of $500,000 or less. As Crain’s reported in March, Trump has received the credit for Peter Manning several years and FOUNDER Department of Finance PETER MANNING NYC records show he again received a $304 STAR tax break for his Trump Tower penthouse for the 2016-2017 tax year. Trump’s annual property tax bill is $193,222 for the 2015- An idea that 2016 tax year after receiving a $40,987 condo abatement and measures up. the $304 STAR credit. Trump spokes- woman Hope Hicks said the city made an error in providing the tax credit and a correc- tion “is in process.” Understanding When Crain’s first reported on the credit, the mayor’s office what’s important. agreed that an error had been made. On June 6, however, a city spokeswoman told CNN it was “reviewing Mr. Trump’s exemp- Peter Manning came to M&T Bank with little more than a concept for his business. But it was a big one – a clothing line for tion status,” which men 5'8" and under. We understood his vision and customized a plan to get his dream off the ground. And today, this idea suggests the city does is thriving. Our eagerness to help businesses like Peter Manning is why M&T is a leading SBA lender1 in the country and why not yet know if it made we’ve been recognized by Greenwich Associates for excellence in small business banking.2 To learn how M&T can help a mistake. New York City’s your business, visit mtb.com/businessbanking. Department of Finance has said it checks with New York state tax authorities every year to make sure STAR applicants are income- eligible. The state defines income for LENDING SOLUTIONS | MERCHANT SERVICES | TREASURY MANAGEMENT | DEPOSITORY SERVICES STAR purposes as fed- eral adjusted gross Equal Housing Lender. 1According to statistics released by the U.S. Small Business Administration (SBA) for total approved loans through the SBA’s 7(a) lending program during the federal fiscal year ending 9/30/2015. income minus the tax- 2Based on the 2015 Greenwich Excellence Awards in Small Business Banking. able amount of total ©2016 M&T Bank. Member FDIC.
BLOOMBERG distributions from
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 7 20160613-NEWS--0008-NAT-CCI-CN_-- 6/10/2016 5:08 PM Page 1
AGENDA WHO OWNS THE BLOCK REAL ESTATE
DOMINO SUGAR REFINERY
Domino Sugar refinery not the only sweet spot in the neighborhood Development of landmark factory spurs activity near Williamsburg waterfront
BY TOM ACITELLI
292-314 KENT AVE. he planned $3 billion conversion of the 11-acre Domino Sugar Refinery This is the site of the disused Domino on the Williamsburg waterfront Sugar refinery, and the address of the commercial center of Two Trees’ 11- by Jed Walentas’ Two Trees acre redevelopment plan along the 330 WYTHE AVE. TManagement has raised the hopes—and in some Brooklyn waterfront. The exterior of cases the fortunes—of other developers in the the 18-story, 380,000-square-foot Stephanie Eisenberg, owner of industrial building is landmarked, and Grand Street a Williamsburg-based metal-stamp- area. The refinery was closed in 2004 and Two Trees will retain it. The firm plans ing business, bought the old acquired by Two Trees in late 2012. The exterior to renovate the interior into cavernous Esquire shoe-polish factory in the of the 380,000-square-foot industrial building is offices girded by steel and surrounded 1980s for an undisclosed sum. In by glass. Two Trees hopes to find a 2001 and 2002, she converted it landmarked, so Two Trees plans to build offices single tenant to take the entire space. to a 75-unit condo building called inside and above the cavernous space, ideally for the Esquire, with two commercial a single tenant. spaces. Eisenberg has been a long- time opponent of the redevelop- The yellow Domino Sugar sign that loomed ment of the Domino Sugar site, pre- for decades over the Brooklyn waterfront ferring a cultural institution in its would stand atop the building. (The sign is place rather than residences and offices. At the end of the last currently in storage.) decade, she mounted a seven-story Two Trees’ plans echo its work in Dumbo, LED sign on 330 Wythe’s upper where Jed Walentas’ father, David, trans- floors that read, “Save Domino.” formed a gritty industrial area under the
Manhattan Bridge into a trendy residential Kent Avenue neighborhood with office space for tech, new media and creative firms. Two Trees calls its Williamsburg project an 342 WYTHE AVE. “urban campus.” It is slated to Wythe Avenue have 2,800 apartments, 600,000 350 KENT AVE. Chelsea-based developer Flank, owned by Mick Walsdorf and Jon Kully, sold square feet of offices centered on This is the most commonly used this vacant 11,000-square-foot ware- the refinery, a six-acre park and address for the old Domino Sugar refin- house for $11.71 million to a Delaware- 200,000 square feet of communi- ery site, although the waterfront proper- registered firm called Automotive ty space and retail. ty stretches from No. 350, at the Holdings LLC in January 2016. Flank Williamsburg Bridge, to No. 292, at had bought the building a year before Area residents, including some Grand Street. Two Trees acquired the for $7.5 million. It is currently zoned for large landlords, pushed for years refinery site in October 2012 for commercial use. for other uses of the shuttered $185.44 million from a subsidiary of theCommunityPreservationCorporation, refinery. Two Trees ultimately an affordable-housing lender that had prevailed after designating some defaulted on its debt on the property. 700 apartments as affordable. CDC and its partners had acquired it 325 KENT AVE. from American Sugar Refining Inc. for The residential portion of the $55.83 million in June 2004, shortly This vacant lot was part of project is slated to start opening after the plant ceased operations. Two Trees’ $185.44 million mid-2017. Ⅲ Domino Sugar purchase in 60 S. 2ND ST. October 2012. Flank bought this building and four adjacent ones between South 2nd and 3rd streets for $36.2 mil- lion in April. The five low-rise build- ings are primarily occupied by retail businesses, whose leases 11 BROADWAY expire between 2018 and 2023. Flank may then redevelop the Goldman Sachs’ Urban Investment Group acquired this vacant lot 390 WYTHE AVE. properties into an apartment or a condo complex. in 2007 for an undisclosed sum. In partnership with L+M Flatiron District-based developer Caro Development Partners, whose chief executive is affordable housing Enterprises, controlled by the Pompa developer Ron Moelis, it planned to construct a 200-room hotel family, bought this former candy factory with about 100 rental apartments. The 2008 recession halted that site for $12.5 million in October 2008 plan. In 2010, Goldman Sachs and L+M revived development plans and converted it into 69 apartments, for the site, which they called 15 Dunham Place, using $70 million with retail space on the ground floor. in federal and state affordable-housing and economic-development Dubbed Wythe Confectionery, it opened financing to build 160 apartments, 32 of them affordable, above in 2011, and all apartments were 20,000 square feet of commercial space. The building opened in leased within five months, according to spring 2013. press reports. WWW.OASISNYC.NET, MIR/TWO TREES MIR/TWO WWW.OASISNYC.NET,
8 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0009-NAT-CCI-CN_-- 6/10/2016 4:56 PM Page 1
AGENDA REAL ESTATE
De Blasio pushes for change in state law to increase apartment tower sizes Allowing taller buildings would encourage developers to create more affordable housing, says City Hall BY JOE ANUTA AND DANIEL GEIGER
fter planning ambitious footage possible under current laws. the plan “one of the most significant of 20 compared with today’s maxi- zoning changes in 15 “It would allow the city, through changes in zoning in more than 50 mum of 12 in affected zones. To give neighborhoods across the full public review and approvals, to years,” saying it would have a greater every room a window, a maxed-out city (even though one has permit more residential growth in impact than the mayor’s recent initia- building would need to be tall. Too Aalready been rolled back), the de high-density commercial tives. The advocacy group tall, say opponents. Blasio administration is now seeking areas,” a City Planning warned it could lead to “dra- The city hopes that increasing the to loosen state laws to let apartment statement said. “We’ll be matic citywide increases in density of new apartments in crowd- buildings rise even higher, in a gam- able to secure mandatory bulk and density.” ed commercial areas will encourage bit to get developers to include affordable housing where 20 “Adding new levels of den- builders to develop apartment build- affordable units in luxury towers. right now only luxury con- FLOOR AREA sity to what are some of the ings with affordable housing in allowed At Mayor Bill de Blasio’s request, dos are rising.” RATIO country’s most populated dis- exchange for the bonus. Planning under the new Assemblyman Keith Wright and state Critics fear the bill would tricts could overburden the experts say the policy could work in proposal Sen. Simcha Felder, both Democrats, do little to improve the mix city’s stressed infrastructure midtown and downtown Manhattan, have introduced bills to revise a of residential and commer- network and crowd out light Long Island City, Queens and down- long-standing rule that limits the cial spaces in neighborhoods, a goal and air for neighboring properties and town Brooklyn. bulk of the city’s largest residential of de Blasio’s rezoning plans, and public spaces,” the society wrote, ask- A spokeswoman for Wright said buildings. The bills would let the city instead would usher in a wave of ing the legislature to reject the bills. she did not expect him to act on the rezone a parcel to allow nearly dou- giant luxury apartment towers. Under the plan, developers could bill before lawmakers break for the ble the maximum residential square The Municipal Arts Society called erect buildings with a floor area ratio summer on June 16. Ⅲ
Kaufman Astoria Studios to build two new soundstages in Queens City’s popularity as a film and TV locale is creating a shortage of studios BY ADDIE MORFOOT
aufman Astoria Studios announced City one of the most popular spots to shoot Wednesday that it will build two in North America. new soundstages on its campus in Film and TV production contributes Astoria, Queens, adding up to a close to $9 billion a year to the city’s econ- Brooklyn residents Ktotal of 12 stages at the complex. The studio omy, up $1.5 billion, or 21%, since 2011, expects to break ground this fall and com- according to a report for the city prepared plete the work in less than two years, said last year by Boston Consulting Group. to fight back after Hal Rosenbluth, president and CEO of Money Monster and How to Be Single are Kaufman Astoria Studios. among films recently shot at Kaufman Pier 6 housing approval The additions come as the city’s major Astoria, and about seven television shows are production studios—Kaufman Astoria, filmed there each year. This summer’s lineup rooklynites angered over plans for more towers in Silvercup, Steiner and Broadway Stages— includes Netflix’s Orange is the New Black (see Brooklyn Bridge Park have vowed to fight back after are struggling to meet demand for film and photo) and Showtime’s The Affair. the company that operates the waterfront area television productions. The state’s $420 The new stages will be built on a lot now agreed to let construction go forward on two apart- million annual tax credit has helped fuel a used to park trucks at the corner of 34th Bment buildings at Pier 6. production boom that has made New York Avenue and 36th Street, and will be housed After the state agency overseeing the park wrote that it in a single four-story building to would not object to the new construction, Brooklyn Bridge accommodate one large produc- Park Corp.’s board of directors voted to sign a lease with tion or two separate ones. RAL Development Services and Oliver’s Realty Group, Stage N will be 8,673 square allowing the two to build about 300 units of market-rate feet and Stage O will be 15,381 and affordable housing near the foot of Atlantic Avenue. square feet. Another 26,000 “By moving ahead with the final component of our funding square feet of production space model, we have ensured that a $400 million public investment and 45,000 square feet of office enjoyed by millions and envied in cities across the globe will space will fill the floors above the thrive long into the future,” said Regina Myer, president of the soundstage; and to ease local park corporation, in a statement. “At the same time, we’re congestion, a parking garage will bringing affordable housing to an area of the city that sorely be built below the stages. needs it, and providing good union jobs in the process.” “It’s really hard to find good On June 6, Empire State Development Corp.’s chief execu- quality [stage] space in the city tive, Howard Zemsky, told the park corporation that the state and with the tax break New York did not have a role in authorizing the project. Last month, gives; it’s so attractive to shoot ESDC raised concerns around potential conflicts of interest here, but there is just not enough between the developer, RAL, and Mayor Bill de Blasio. stage space,” said Clyde Phillips, Foes say that the park doesn’t need the cash the new apart- the show runner and executive ments would bring, that housing does not belong in a park, and producer of the forthcoming that ESDC approval was needed. “We’ll be asking a judge to tell Showtime series Feed the Beast. the park corporation that they have just acted unlawfully and Phillips used Kaufman Astoria to annul the vote,” said Richard Ziegler, a lawyer and member Studios to shoot Showtime’s of the Brooklyn Heights Association. His law firm, Jenner & Ⅲ JOJO WHILDEN/NETFLIXJOJO , ODA/RAL DEVELOPMENT REALTY SERVICES/OLIVER'S GROUP Nurse Jackie from 2009 to 2015. Block, would handle the case pro-bono. — JOE ANUTA
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 9 20160613-NEWS--0010-NAT-CCI-CN_-- 6/9/2016 6:42 PM Page 1
AGENDA INSTANT EXPERT TICKET SCALPING BY BRENDAN O’CONNOR Why you can’t get a ticket to Hamilton and other hot events [in 5 steps]
THE PLAYERS THE ISSUE Venues like Madison Square Garden (below) and the Beacon Theater obviously prosper from a full house, as do the shows’ As many a frustrated fan 2 promoters and artists. Reports have even alleged that certain can attest, landing tickets artists, including Justin Bieber and Katy Perry, openly resell seats 1 to popular sporting events allocated to them, effectively scalping tickets to their own fans. But it’s and concerts in New York City is the bots that have most irked state lawmakers. “Steps must be taken not easy. And getting ahold of to properly inform consumers about ticket availability, and to protect the toughest ticket in town—to them against the intrusion of unfair technology employed by unscrupulous Hamilton—just got tougher with speculators,” Gov. Andrew Cuomo said last month as he reluctantly the news that Lin-Manuel approved an extension to a state law allowing ticket-scalping. “Absent Miranda is leaving the show. these reforms, I will not be signing similar legislation next year.” But the fundamental obstacle—high demand versus limited supply—is only half the story. State Attorney General Eric Schneiderman (above) has revealed the ticket industry to be rife with abuses that have made it increasingly difficult for ordinary fans to purchase seats directly from venues. For starters, 54% of all seats never even come up for public sale; they go to “premium customers” like season-ticket holders, users of certain credit cards, industry insiders and the artists themselves. The rest are often swept up by ticket brokers, many of whom use illegal software “bots” and then resell them, typically at huge mark- ups. “Ticketing is a fixed game,” Schneiderman said earlier this year. He vowed to try to level the playing field.
SOME BACKSTORY Tickets are often New York state has been YEAH,BUT... regulating ticket sales since swept up by 3 the 1920s, and for most of brokers who use Despite the abuses, legal scalping has been a boon for that time, lawmakers capped illegal software consumers, buyers and sellers alike. People who can’t use re-sales at just $2 above face 4 their tickets now have several secure ways to make sure value. The restriction was ‘bots’ and then they don’t go to waste. And if money is no object, fans can almost always extremely difficult to enforce and resell them at a find tickets to events that strike their fancy. Buyers sometimes benefit was blatantly ignored. Spurred by from late selling sprees that cause prices to plummet. “When it the rise of online ticket resellers huge markup comes to ticket sales, the free market clearly works,” said Jon such as StubHub and Potter, president of the Fan Freedom Project, a StubHub-backed TicketsNow.com, and faced with advocacy organization for ticket resellers. “What we really need is the popularity of those services more transparency and better enforcement of the existing laws to among customers, state legislators protect consumers.” lifted the scalping ban in 2007, allowing tickets to be resold at whatever price the market would bear. In 2010, they placed restrictions on service charges, banned the use of bots and increased WHAT’S NEXT penalties for violators. Cuomo said he would form a “working group” tasked with fixing the law in advance of next year’s renewal. Schneiderman doesn’t 5 want to wait, and—along with Miranda (right)—is urging the state Assembly to pass a Senate-approved bill that increases punishments for the use of bots, including felony charges for repeat offenders. The attorney general’s enforcement push is already underway: In late April, he announced settlements with six brokers accused of illegally reselling thousands of tickets over the past five years; fines totaled more than $2.7 million. “My office will continue to crack down on those who break our laws, prey on ordinary consumers, and deny New Yorkers affordable access to the concerts and sporting events they love,” he said. BLOOMBERG, BUCK ENNIS, NEWSCOM
10 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0011-NAT-CCI-CN_-- 6/10/2016 5:09 PM Page 1
AGENDA VIEWPOINTS
It’s time for Wall Street to take the Trump threat seriously If investors wake up to the risks of his potential presidency, the results won’t be pretty
DONALD TRUMP is taxes dramatically without scaling barriers would have adverse conse- Republicans in Congress will block committed to a series back benefits like Social Security or quences for the U.S. economy,” it his efforts. of policies that would Medicare, resulting in an increase of continued. “Of course, any U.S. Hmm. The consequences of the upend the funda- $10 trillion to the deficit over the pullback from globalization would political storm that will ensue if mentals of the next decade, according to a calcula- also likely have negative conse- Trump turns his back on his most American economy. tion by a conservative-leaning quences for U.S. trading partners.” devoted supporters could be equally The most recent polls think tank. This would seem to be the defini- severe. And the second rationaliza- show him in a com- tion of uncertainty, something tion ignores that the presidency is a GREG DAVID petitive race with The financial sector has investors abhor. Yet the market has powerful office. President Obama has Hillary Clinton. At risen in recent months as Trump’s hold shown how a resourceful president the same time, the Dow Jones two theories to convince on the Republican nomination can work around Congress. Industrial Average is flirting again with itself that all will be well: strengthened. Maybe Trump’s prospects will its all-time high of just under 18,300. The most obvious explanation is weaken over the coming months— Does this make any sense? No. Can that Trump won’t try to that Wall Street does not believe he his enemies at The Wall Street Journal it last? Not likely. implement his plans, or will be elected. Wall Street closely floated the idea, after last week’s Let’s start with the policies of the follows the prediction markets in judge furor, of denying him the nom- soon-to-be Republican nominee. He Congress will block them which gamblers bet on the outcome ination—and the market could move says he will deport the 11 million or so of the election, and Clinton remains merrily along. undocumented people living in the an overwhelming favorite. But if in the fall the election really country. Then he’s going to shake up At very least, this will be a Wall Street also has developed two is competitive, investors will wake relations with two of the nation’s “shock” to the economy, said a backup theories to convince itself— up to the risks of a Trump presidency. biggest trading partners by imposing recent Nomura report on Trump that and investors—that all will be well. When that happens, the impact on stiff tariffs on Chinese products and echoes a consensus among econo- The first is that Trump doesn’t really the markets won’t be pretty. Ⅲ overturning the free-trade agreement mists of all persuasions. Long-term, believe what he is saying and won’t with Mexico. Along the way, he’s the Trump agenda could be worse. even try to implement his plans. The GREG DAVID blogs regularly at going to cut personal and corporate “Any permanent increase in trade second is that even if he tries, CrainsNewYork.com.
Lapse of mayoral control of schools would threaten tech plan—and more
State Senate’s alternative injects politics into education management BY JULIE SAMUELS
he future of New York month, tech industry executives element of uncer- City’s technology sector were explicit and vocal in their sup- tainty, undermin- rests squarely on the port for mayoral control. In the past ing stability and city’s capacity to educate week, rather than reach consensus long-term plan- Tthe 1.1 million students in its with Gov. Andrew Cuomo and the ning throughout schools to produce a skilled, diverse Assembly on a three-year renewal the system. workforce. This vital challenge for of mayoral control, Flanagan intro- Key among the our education system requires clear duced a bill that nominally renews long-term projects FAST BOOT-UP: Without mayoral control, Computer Science for All, lines of accountability, room for mayoral control for only one year at risk under the a 10-year, $80 million public-private partnership, might have bold initiatives, and guardrails while establishing an “education majority leader’s been impossible to launch. that keep bureaucratic turf wars at a inspector” with broad powers that bill is an initiative distance. would effectively gut mayoral closely watched by But with just a handful of days the city’s tech industry: Computer governance system is questioned. remaining in this year’s legislative Science for All. This is a 10-year, $80 For the tech community, mayoral session, lawmakers in Albany are It would be a disruptive million public-private partnership control is not a partisan issue but dangerously close to allowing may- shock to NYC’s school between tech leaders, the broader rather an objectively superior way oral control of New York City business community and the city. Its of running our schools. It aligns schools—the nonpartisan structure system, imperiling path- purpose is to provide solid comput- incentives, better protects our chil- of governance that makes a brighter breaking initiatives and er-science education to every stu- dren from bureaucratic infighting future for our schools possible— dent and school in the city. Without and helps put students in a position to lapse. reprising the corruption mayoral control, this important ini- to succeed. This would be a disruptive shock to and inaction of years ago tiative would have been far more Let’s put politics aside and do New York City’s school system, difficult—perhaps even impossi- the right thing for our students, one that could imperil path- ble—to launch. If the current gover- taxpayers and New York City’s breaking initiatives and reprise the control and inject a host of new nance system collapses because of economy by passing a clean exten- corruption and inaction that plagued political considerations into man- inaction by the legislature, the sion of mayoral control. Ⅲ the board that presided over city agement of city schools. future of the program could be schools nearly two decades ago. A one-year extension of mayoral threatened. Julie Samuels is the executive director The ball is now in Senate control is far too limited, and forces This is just one important exam- of Tech:NYC, a nonprofit member Majority Leader John Flanagan’s the mayor and school administra- ple of the serious problems raised organization that represents New York
ISTOCK court. In a letter to legislators last tors to grapple with a dangerous when the continuity of the school City’s technology sector.
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 11 PIER 15, NEW YORK OFF-SITE SEE NEW YORK. CELEBRATE AMERICA. SUCCESS Fun. Fireworks. Food. A 4th of July events | expos | entertainment celebration you won’t forget.
Sightseeing . Holiday Happy Hour . Party Pier 15 at South Street Seaport Virtual Meetings: Right for You 78 South Street, Pavilion 2 New York, NY 10038 and Your Company?
Virtual meetings, live meetings and WHAT KIND OF TECHNOLOGY WILL YOU presentations conducted over the USE FOR YOUR VIRTUAL MEETING? There are a number of choices when it internet, are growing trends in event comes to virtual meetings. Your decision on management. They can serve as a which to use will depend on your meeting’s great supplement to annual gath- format, number of attendees and geograph- erings, because they are less costly ic scope. Many virtual-meeting services offer a free option but you may be limited than traditional in-person meetings, by the size of your group. Most corporations and can be used more frequently. opt for a monthly or annual subscription to Here are a few factors to consider use a service for internal offi ce meetings, as well as external and sales-related meetings when deciding to use virtual throughout the company. You can also opt meetings in your business: to utilize a technology service to set things up or have your own AV technician on site WHAT ARE YOU TRYING TO ACCOMPLISH? to troubleshoot any glitches. Regardless of | | HornblowerNY.com/5boros 646-681-5411 FOLLOW US @HornblowerNY The best virtual meetings have clear what technology or service you choose, be NEW YORK SAN FRANCISCO BERKELEY SAN DIEGO NEWPORT BEACH MARINA DEL REY LONG BEACH *Visit our website for the most up-to-date seasonal cruise schedules. Senior, child and military discounts available. Yacht subject to change. agendas, well-defi ned objectives and highly sure to practice. Conduct a test-run meeting structured timelines. Preparation is key. by downloading all the necessary software Although virtual meetings are less labor- in advance, and testing all equipment and intensive to coordinate, they often require connections prior to the actual meeting. a greater level of planning. Virtual meet- ings can also be a great tool for connecting Here are two popular categories for virtual regional offi ces to share in company news, meetings: new product launches or training. Web Conferences and Webinars Hosting services such as WebEx.com, WHO’S IN CHARGE? GoToMeeting.com, LiveMeeting.com and A productive virtual meeting is only as good Google Hangouts allow you to conference as its facilitator, or moderator. This person will with external offi ce team members through outline the agenda, describe the objectives an audiovisual chat on a shared interface, and keep the meeting—and its participants— either by a computer, tablet or phone. on track. A good facilitator will lead while being inclusive and also by engaging the Video Conferencing entire group to interact and contribute. Video conferencing services bring meetings to life. The presenter is not just a voice on Some additional tips for virtual meeting the phone, but facilitators: a visible person • If you are the facilitator, you’ll be on on-screen who Virtual Meetings are camera for the majority of time, so avoid is able to see Ideal for Today’s bright colors and busy prints in favor of and interact with Remote Workforce solid, moderately colored fabrics. In ad- other attendees, As of January 2016, dition to creams and greys (bright whites share presenta- will shimmer on camera), mid-tone blues tions, and more. 3.7 million employees work from and greens are universally fl attering. Dark Popular video- home at least half the colors, vibrant shades, and patterns can conferencing time, according to become a blur in video conferencing. services include View the digital edition at GlobalWorkplace To make up for poor lighting conditions, Skype, Speek, OFF-SITE Analytics.com crainsnewyork.com lighter more neutral colors will naturally Zoom and SUCCESS illuminate your face. JoinMe. • Speak clearly and slowly. Address people A recent McKinsey Global Survey shows by name and encourage participants to that 69% of business executives believe introduce themselves before they offer a that adopting web 2.0 technology such as For more information contact comment or question. video-conferencing applications improves Stu Smilowitz at 212.210.0736 products and services innovation, leads to • Restrict any movements, and contain pa- more effective marketing and better access [email protected] pers, that might contribute to background to knowledge, while lowering business noise; and be sure to mute the microphone costs and increasing revenue. Half of survey when not in use. The same consideration to- respondents reported that web 2.0 tech has ward noise reduction applies to participants. fostered in-company collaboration across To lessen the likelihood of distractions, geographic borders. politely ask attendees to mute or turn-off any extraneous devices during the virtual Sources: GlobalWorkplace Analytics 2016, McKinsey Consulting 2015 NEXT EDITION JULY 11/2016 meeting or web conference.
An Advertising Supplement to Crain’s New York Business
Offsite_Success_June.indd 1 6/8/16 11:25 AM 20160613-NEWS--0013-NAT-CCI-CN_-- 6/9/2016 6:43 PM Page 1
AGENDA THE LIST LARGEST ENGINEERING FIRMS Ranked by number of New York area engineers
281 #5g3$ 2Bg5# @350"@'"# $'51@'"# 2Bg5# #2%'2##56 #2%'2##56 5#9#28# 453(#!76g'2 2Bg5# 6#2'35g#A#!87'9#6 6#59'!#g1'A B#5 6#0#!7#"g2Bg5# 52) $'51 7B4#g3$g$'51 4&32# @# 6'7# '2g1'00'326 $g3$g '00'2%6 $382"#" 453(#!76 !0'#276
@64gfg4CXYVUYg XQUERGXPVHH . 'aTVaRRdVaT!3 6b egIiHqYVaR 8Raa8YHrH 8dReVQRafHaQPUVRSRpRPgfVhR %baefdgPfVba`Tf !3 RpfRaeVbacdbWRPf" 6RiFbdX6F C A %RafdHYHaQAbgfU (HPVYVfqHeeRee`Raf!3 E #`RdVPH #% ) iec)cI Pb`geH
4CXYVUY . 'aTVaRRdVaT!3 8#6F62)bRfUHYe $dbHQiHq ARaVbdhVPRcdReVQRaf6Ri #dPUVfRPfgdR!3 $dVQTRQReVTaIgVYQ" 6RiFbdX6F FbdX6Ri2RdeRqVaSdHefdgPfgdR %baefdgPfVba`Tf !3 5B#6F%B'HefAVQR #% ) %baefdgPfVbaVaecRPfVba!3 HPPRee cHdebae Pb`
XECFQY aQ . 'aTVaRRdVaT!3 'HefAVQRPbHefHY )9gRRae8YHrH6bdfU &VdRPfbdbS6RiFbdX%Vfq aQ #dPUVfRPfgdR!3 dReVYVRaPq"$Hq8HdX 4baT1eYHaQ%Vfq6F $geVaRee&RhRYbc`Raf %baefdgPfVba`Tf !3 eRiHTRfdRHf`RafcYHaf # % ) %baefdgPfVbaVaecRPfVba!3 HdPHQVe Pb` (HPVYVfqHeeRee`Raf!3
#!31 . aQ 'aTVaRRdVaT! 3 ARPbaQ#hRagR BUVdQ#hR ARaVbdhVPRcdReVQRafPUVRS aQ #dPUVfRPfgdR!3 egIiHq"#`fdHX 6RiFbdX6F RpRPgfVhR`Rfdb6RiFbdX %baefdgPfVba`Tf !3 )HfRiHq #% ) %baefdgPfVbaVaecRPfVba!3 HRPb` Pb` (HPVYVfqHeeRee`Raf!3
0CUICUg#UIQUGGXQUI6 . 'aTVaRRdVaT!3 0gQebaFHdQe" #UbQXVUTGU`CS6g6aXbGdQUI 8dReVQRafPUVRSRpRPgfVhR #`RdVPHa&dRH` CUFg0CUFYECWGgXEPQ`GE`aXG #% ) 5RHQbiYHaQe 8Raa8YHrH YHaTHa Pb` 6RiFbdX6F
XaW ! ! . 'aTVaRRdVaT!3 ARPbaQ#hRagR EHfRdAf 8dVaPVcHY6RiFbdXTdbgcYRHQRd egIiHq"(gYfba%RafRd 6RiFbdX6F #% ) Hdgc Pb`
679 " # . 'aTVaRRdVaT!3 $dbap0RHYfU%HdR#QgYf 8HdX#hR AbgfU 'pRPgfVhRPUHVd`Ha #dPUVfRPfgdR!3 (HPVYVfq")HfRiHq 6RiFbdX6F #% ) %baefdgPfVba`Tf !3 8dbWRPf0gQebaFHdQe efhVaP Pb` %baefdgPfVbaVaecRPfVba!3 fgaaRY
7PVXU`VUg7VTCYG``Qg'UE? " $ # . 'aTVaRRdVaT! 3 0gQebaFHdQe3bUa 5HQVeba#hR %UHVd`HaPUVRSRpRPgfVhR #dPUVfRPfgdR!3 8RQRdeRa(bp 6RiFbdX6F # % ) (HPVYVfqHeeRee`Raf!3 #eebPVHfRe"D1# # fUbdafbafb`HeRffV Pb` ERef$WHdXR1aTRYe )dbgcFA4%' #dPUVfRPfe
&)6 % " " . 'aTVaRRdVaT!3 )biHage'pcdReeiHq EHYYAf %UHVd`HaPUVRSRpRPgfVhR #dPUVfRPfgdR!3 R`RdTRaPqdRcHVdHaQ 6RiFbdX6F # "" %baefdgPfVba`Tf !3 VafRdV`QRPX 8dReVQRaf %baefdgPfVbaVaecRPfVba!3 dRcYHPR`Raf"bfURd # (HPVYVfqHeeRee`Raf!3 YHdTRVaSdHefdgPfgdR %UVRStaHaPVHYbStPRd cdbWRPfeHPdbeefURPVfq #% ) UHXe aRf
&CeGUgCUFg6CcdGX # % . 'aTVaRRdVaT!3 $Hq8HdXEEB8 ARhRafU#hR 8dReVQRafPUVRSRpRPgfVhR #dPUVfRPfgdR!3 CcTdHQR"%dbfbaEHfRd 6RiFbdX6F #% ) %baefdgPfVba`Tf !3 (VYfdHfVba8YHaf UHrRaHaQeHiqRd Pb` 6F%&'8
0Q5Vg%XVaW & " . 'aTVaRRdVaT!3 $gVYQ1f$HPX$dbbXYqa #RdVHYEHq DVPRPUHVd`HaPUVRSRpRPgfVhR #dPUVfRPfgdR!3 6F%&&%"aRiBHccHa AqbeeRf6F #% ) %baefdgPfVba`Tf !3 GRR$dVQTR6FAB# YVdb Pb` %baefdgPfVbaVaecRPfVba!3
&27 g2GcgBVXRg#UIQUGGXQUI " ' # ())) . 'aTVaRRdVaT! 3 7iaRdseRaTVaRRdaRi CUFgXEPQ`GE`aXG ARaVbdhVPRcdReVQRaf6RiFbdX %baefdgPfVba`Tf !3 BHccHaGRR$dVQTR (VSfU#hR bStPRYRHQRd %baefdgPfVbaVaecRPfVba!3 cdbWRPf"6F%BefHfVba 6RiFbdX6F #% ) dRaRiHYeHaQARH UafI Pb` $RHPU4VaRdRfHVaVaT) iHYYdRUHIVYVfHfVba
!&1g&QSSg!VY? ' . 'aTVaRRdVaT!3 @bPXHiHqIbHdQiHYX %bdfYHaQfAf DVPRcdReVQRafHaQHdRH aQ aQ %baefdgPfVba`Tf !3 cbef)AHaQq 6RiFbdX6F `HaHTRd %baefdgPfVbaVaecRPfVba!3 dRPbaefdgPfVba" " (HPVYVfqHeeRee`Raf!3 (bdQUH`8YHrH ARaVbdhVPRcdReVQRafHaQ6Ri dRPbaefdgPfVba FbdXHPPbgaf`HaHTRd PbaefdgPfVba #% ) `HaHTR`Raf PU` Pb`
"GcDGXXd ' *+,()) . 'aTVaRRdVaT!3 @RIgVYQIq&ReVTa) E efAf ARaVbdhVPRcdReVQRaf %baefdgPfVbaVaecRPfVba!3 0gQeba@VhRd"$dgPXaRd 6RiFbdX6F #% ) HaQAURdVQHa QRiIRddq Pb` RpcdReeiHqe
CONTINUED ON PAGE 14
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 13 20160613-NEWS--0014-NAT-CCI-CN_-- 6/9/2016 6:43 PM Page 1
AGENDA THE LIST LARGEST ENGINEERING FIRMS
!! ! # ! " $ ! ! #
+,-+./ 86 '5A2 $ =>= 8>=) =>= 8>=>=A? 9>;= 8 9 =>;8?8>=>?@ 8C>9 9D8 ) A 8E> A ;8@8 : ;8< >= 8A98D9D8 ?8;F 9A C55A0@D3(0 A9=9 ;B ! "> ==>@>=A? 9>;=; : ;8< ;D=9G "8> A #$
0,1/23+./+400.-53-..14 3(2'@) C6'77 $ = =>= 8>=) ) +*,* B&I8 %8;&;@@;:'; )8 A> =9 C> H D9>E = 8C>9 9D8 ) )8;8B!- CB= ( @E>@@ *>@>9GAA AAB =9) ->"88G8 =;E9>;= CB;B C55A0@D3(0
./+6-3/0 -53-..13-50 87'5) 07D30 $ =>= 8>=) &DA;= 8A 718.93-50 6-47:+,-+4 )8 A> =9 C> H D9>E ;=A98D9>;=B9) E @;?B =9 ' @9 .D =A%@E ;=A98D9>;=>=A? 9>;=) ;A!($ -,''A9 *;8 A9&>@@A 9 9;=> =>= 8>=;B > AA C55A0@D3(0
. 3;6-.0 6-47:+3-5 B09207 37(07B 0 36870 $ =>= 8>=) &DA;=! -53-..14 )8 A> =9 C> H D9>E A9C A9 8)E>@>;= 9C 9 : ;8< A>B;= ;B B@C(BC@'5
7.4.107+:.<5.0 6-47:+3-5 0B0@ 06371 $ =>= 8>=) &DA;='>E 8)8<)> 8 -53-..14 =>;8?89= 8 !/ $ %>@@> 0 = ) ==)@I 1>= 9>;=@$ ==>A 9C 9 B8 ;B =9 8A989 >E>A>;= : ;8< ?@= 3D35
64=.::0 -53-..13-5 B09207 8AE055 $ =>= 8>=) #$!) 0 )C>@@>?A E )8 A> =9 ;=A98D9>;=B9) ;D9C&< =A< 0 ;=A98D9>;=>=A? 9>;=) ";A: @@ =>= 8>=;B C5B3)3A(39537'@F
US W R TY SS UU STSTR UTS W R R SSXUS UTS W RSY @'37GA 0E 8@4 CA370AA USSST RS R XTSV SURVYS T ST URRTRRS V T R U TS STSUT TRS U R T T TTSSTS R T QU Y RTS ST R `RUST V W R R ` UST V R TS T R SS TRWS T R T W SSU YT `RS RVU `URS R R`S Y RS ! "# T S S $ S T T UR R RS `RS R ST T Y %U#SRV US RTTUR SRVS %U#T U#T#QUV T S R SS RS S ! %U#T U#T#QUV T S R SS RS US U#T U#T#QUV T R SS TR T RS S ! $UST ST % U Y !&&& % U T !'() @'37GA RS R %S Y R S T * RT 0 STT0R0WT0 # S0R0`R0R0+SS TS0, 0!-0 @'37GA RV US0T 0 0TS0ST.00 TR0/*!(00S R102R 0
Great Cities Don’t Just Happen. They’re Designed That Way.
For More Information, Visit www.ACECNY.org
14 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0015-NAT-CCI-CN_-- 6/10/20164:57PMPage1
BUCK ENNIS A week. week. ton Heightslastyear. Shesaidsheearns$500a Juana, from Mexico, juicing inWashing- started AVENUE ANDST. NICHOLAS STREET 170TH FRESHLY SQUEEZED BYDEANNACIOPPA &PHOTOGRAPHY BYBUCKENNIS TEXT artgalleries andjuice bars. theaters, These entrepreneurs turnpatches of pavement into restaurants, PAVED WITH centuries-old regulationsadministeredby subject to—andoftendefiersof—complicated, characters, panhandlersandprostitutes. tour-bus-ticket sellers,gray-marketmerchants,costumed also includesmusiciansandbreak-dancers,mimes,artists, The city’sbuskers,barkersandbananasellersareall “It’s betterwhenit’shot.” represent thefullreachofaninformalstreeteconomythat trucks, evenshoppingcarts.Thatnumberdoesn’tbeginto York City’sstreets,sellingfromtablesandstands,carts n estimated15,000to20,000vendorsplytheirtradeonNew OTNE NPG 16 PAGE ON CONTINUED GOLD? UE1,2016 JUNE 13, SMALL BUSINESS | RI’ E OKBUSINESS YORK CRAIN’S NEW | STREET VENDORS | 15 P016-17_CN_20160613.qxp 6/10/2016 5:44 PM Page 1
SMALL BUSINESS| STREET VENDORS BEGGAR’S BUSINESS TIMES SQUARE Stewart Goldman said he’s been panhandling for seven years and takes in about $150 a day. “I find it hysterical that 60 million people come to this mall to be consumed by all this artificial stuff.”
SOUVENIR SHOOTER 34TH STREET AND NINTH AVENUE Louis Mendes, 76, has been shooting with his Graflex Speed Graphic cam- era since 1957. He sells his instant pictures for $50 each, but he doesn’t like to talk about it. “Google me.”
“I DON’T HAVE TIME FOR ANOTHER JOB, I DON’T EVEN HAVE TIME TO SLEEP”—ALEX, ART MARKET IN FRONT OF THE MUSEUM OF MODERN ART For two years, Kurt Mater- ne, 41, has been selling subway maps that he silk-screened with his A HOT DOG VENDOR IN HERALD SQUARE own designs, as well as prints by fellow artist Dennis Pavlov. He sells $300 to $700 of art daily. “You know, there is something called free speech.”
multiple government departments. The earliest surviving record of street-vending governance dates to 1691, a provision that forbade open-air vendors from selling their wares until two hours after the public markets had opened. Today, peddling on the street almost always requires a license of some kind; from the Department of Health for food and the Department of Consumer Affairs for selling most anything else—souvenirs, scarves, sunglasses. In 1979, the number of licenses for merchandise vendors was capped at 853 per year, including renewals. That limit stands, as does the 3,000-permit cap on food carts and a 1,000-permit ceiling on seasonal produce stands. Honorably discharged veterans have been eli- gible for free licenses since the Civil War, and sellers of merchandise protected by the First Amendment—printed and artistic materials of all sorts—were granted an exemption in 1982. The waiting list for general- merchandise licenses surpassed 10,000 names in 1992 and has been closed since, as has the list for food carts. Ostensibly, the cost of a two-year license to sell general merchandise is $50. That’s just for starters. Hard-to-get cart permits can cost $20,000 or more on the black market. (See page 18.) Hot dog cart permits are at least $3,000, newsstands run $40,000 and food trucks $30,000. Police, parks and sanitation officers can issue tickets for the smallest infractions. A 2010 Independent Budget Office study showed that the city spent $7.4 million on enforcement in 2008 and 2009, issued $15.8 million in citations but collected only $900,000. And pity the poor fruit seller whose papayas over-ripen in the summer sun. That’s just money down the drain. Still, life— and work—on the streets draws thousands THE FALAFEL KING of New Yorkers, some who do it for love, and some who have no other EAST 55TH STREET AND PARK AVENUE Mike Mohamed, 42, with his assistant, has worked his option. —Kathryn Casteel contributed to this report corner for three years and grosses $500 a day. “Wishing everyone is happy and spicy.”
16 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0016,0017-NAT-CCI-CN_-- 6/10/2016 4:58 PM Page 2
FLIPPING OUT CENTRAL PARK Skillz, 29, adds a little danger to his dance routine. His troupe, 2 Steps Away, earns around $500 a day, split among eight members. Business is up, Skillz said. “Black guys are cool now.”
FRUIT ON THE FLY 43RD STREET AND THIRD AVENUE Bangladeshi-born Afsar Ahmed, 68, has been selling fruit for 23 years. He makes $150 to $200 a day. “Some people don’t go to the supermarket.” NEWSWORTHY UNION SQUARE Nizam Uddin, 36, from Bangladesh, rents his stand for $13,000 a month and grosses about $5,000 to $7,000 a week, depending on the weather. “I have to work in below-zero and more than 100 degrees to make up the rent and make a living.”
HARD SELL HERALD SQUARE Rene Lambert, 56, has been hawking purses and handbags for 15 years, and can sell up to $600 to $700 worth in a day. “It looks busy, but they look at the merchandise and they don’t buy.”
FRANKLY SPEAKING HERALD SQUARE Alex, 28, is from Egypt. He has been selling hot dogs and kebabs for six years, and makes $100 for a 12-hour day. “I don’t have time for another job; I don’t even have time to sleep.”
HOT TAMALES RAIN MAN 162ND STREET AND ST. NICHOLAS AVENUE Juana, who is also from Mexico, sells 100 WEST 46TH STREET AND SIXTH AVENUE Mridib Dop has been selling umbrellas for 13 years. He to 200 homemade tamales a day, for $1.50 each, by the entrance to the C train. Busi- sells his parasols for $5 and sometimes makes $50 in an hour. Other days he makes nothing. ness is better in winter, she said. “I learned from watching my mother.”
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 17 20160613-NEWS--0018,0019-NAT-CCI-CN_-- 6/10/2016 3:48 PM Page 1
SMALL BUSINESS|FOOD-PERMIT FRENZY
LICENSE TO GRILL Running a food cart is a tough and dirty business, sustained by a black market operating in plain sight BY JEFF KOYEN
hen Sharif leaves his home in Flushing, Queens, it’s too early to say goodbye to his wife and three kids. Long before sunrise, he drives 15 minutes to a cold, brightly lit garage in Long Island City that smells of spent fuel, clean- ing fluid and food that’s about to turn. There, Sharif, an Afghan native in his mid-40s, stocks the front window of his food cart with muffins and bagels from a wholesale bakeryW in Queens, sold to him at a markup by the garage’s owners. Like the five dozen food-cart vendors busy alongside him, Sharif has brought his own per- ishables; for most, it’s the seasoned chicken, rice and vegetables that will
BUCK ENNIS become halal dishes by lunchtime. Western Beef and two Costco stores—
18 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0018,0019-NAT-CCI-CN_-- 6/10/2016 3:48 PM Page 2
favorites for bulk provisioning—are a short drive away. Sharif double-checks the propane tanks and grill, hangs his food-seller’s permit around his neck, hitches the rig to his car and heads for the Queens-Midtown Tunnel. (To protect cart owners and vendors from being prosecuted for illegally renting out or selling permits, Crain’s has declined to identify them by their full names or exact locations.) An hour later, on a corner in midtown, Sharif has already sold the first of the day’s 125 coffees. At 6 a.m., he’s joined by Zamir, a younger Afghan immigrant. For the next few hours, with Zamir standing over the hot griddle, they sell egg-and-cheese sandwiches to a steady stream of regulars and early rising out-of-towners. Sharif has been working on the same corner PREP TIME: A food vendor for 17 years. “It’s hard work, six, seven days a prepares his mobile restaurant as commissary owner Saleh week,” he said, “but I have bills to pay. I have a Hegazy watches. family.” Working nine hours a day, food-cart vendors like Zamir take home as little as $400 to $500 for a six-day week. Many are new immigrants hop- assignable or transferable with a license, permit For $50, just about anyone can get a license ing to start new lives. During a brief lull in lunch or plate that has been issued under this sub- to sell food on a city sidewalk. The application service, Zamir, 22, told me he served as a trans- chapter attached thereto.” process is cumbersome, but as bureaucratic lator for U.S. troops in Afghanistan before he Sharif and Steve are just two of the thousands chores go, it sits somewhere between the was wounded and then awarded a visa to settle of unwitting lawbreakers in a black market for drudgery of renewing a driver’s license and the here. A generation ago, after a few years of hard cart permits that operates in plain sight of the complexity of filling out a tax return. work and saving, Zamir could have become his city’s enforcement agencies. That black market The problems come with registering the food own boss. Sidewalk vending was long an option is worth an estimated $15 million to $20 million carts themselves, and with the plastic inspec- for immigrants eager to improve their lives. a year, costing the city millions of dollars in tion sticker known as the mobile food vending That’s no longer the case. Today’s mobile potential fees while making it harder for immi- permit, or MFVP, for which the Department of food vending business is one of day laborers and grant entrepreneurs to build equity and take the Health and Mental Hygiene charges $200, and shift workers who, despite hustling all week first step up the economic ladder. which is usually valid for two years. But many long, may not earn minimum wage. permit holders, having put in their time slinging Even for bosses like Sharif, financial autono- souvlakis and moved on to more lucrative busi- my is not guaranteed. Though Sharif owns the ISTORIAN MARK KURLANSKY writes nesses, such as driving a cab, keep renewing actual food cart—“I built it three years ago,” he that in the 19th century, food carts their permits and renting them out, often with said—a portion of his earnings is sent to “a guy Hpeddled fresh oysters for 6 cents apiece. the cart attached, on a lucrative black market. in New Jersey.” When the oyster beds died off and new waves of Illicitly renting a two-year permit from its According to records obtained by Crain’s immigrants arrived, offerings diversified; it legitimate holder can cost as much as $20,000 through a Freedom of Information Law request, wasn’t uncommon to find corn, pickles and for a cart that serves hot food and can bring in that guy is in all likelihood “Mr. Q.” While sausages for sale on city sidewalks. In 1890, far more revenue than a simple coffee-and- Sharif owns the food cart and his own vendor’s Jacob Riis wrote, “There is scarcely anything doughnut cart, or as much as $30,000 for a food license, it’s Mr. Q who controls the mobile food else that can truck—a fully vending permit—a tiny piece of adhesive plastic be hawked mobile kitchen. that makes this cart more than just a griddle on from a wagon ONE THING IS CERTAIN,THE Because wheels. Without it, Sharif has no business. that is not to they’re so valu- On a nearby block, it’s a similar story. In a be found, and NAME ON THE PERMIT FOR able but not smaller cart equipped to sell just coffee and at ridiculously STEVE’S CART IS NOT STEVE legally transfer- baked goods, another Afghan, a 54-year-old low prices.” able, these per- man who asked to be identified only as Steve, It was these mits never offi- has been fighting for market share with “ridiculously low prices” that drove the first cially change hands. Instead, brokers help per- Starbucks, Dunkin’ Donuts and their predeces- wedge between mobile food-sellers and restau- mit seekers find permit holders who no longer sors for 27 years. He supports a wife and five rateurs. The latter, burdened by rent, insurance, want to man a cart. The vendor who needs a children on the $600 to $700 he earns every payroll, equipment and other overhead, strug- permit—and a cart—might pay a flat fee every week—about $35,000 a year. gled to compete with 6-cent oysters and their two years, upon renewal, or work out a profit- At least, like Sharif, Steve is the boss— successors. sharing arrangement. almost. The relationship between vendors and retail- In this manner, an estimated 70% to 80% of “I own 35% of the cart,” Steve said proudly. ers hardly improved over the next century. permits are illegally in use by someone other “When I started 20 years ago, they paid me a Embarrassed by the lower-class food carts, than the permit holder. Some have been legally salary.” It was unclear if Steve bought or earned Mayor Fiorello La Guardia decreed that sellers owned by the same person for two decades, a share in the cart; it was also unclear who had to stand behind their carts, and eventually even if he or she hasn’t touched a shawarma “they” are. Like most of the vendors inter- formed a network of covered markets to get the since the administration of Mayor Rudolph viewed for this article, Steve wasn’t keen to peddlers off the sidewalks. Giuliani. (The health department, which dis- elaborate on his business. Four decades and six mayors later, Ed Koch tributes the permits, couldn’t produce back One thing is certain: The name on the permit inherited this mess. The irascible Koch had little records of permit ownership.) is not his. Either like Sharif, Steve leases his sympathy for the vendors. Of midtown’s crowd- At the center of this underground economy permit from the legitimate owner—for upward ed sidewalks, the mayor told The New York Times, sits a loose network of garages known as of $10,000 a year—or that’s why he’s ceded “This is not supposed to look like a souk.” licensed commissaries where, by law, every nearly two-thirds of his business to silent part- Under pressure from brick-and-mortar food cart must be cleaned and stored each night. ners. retailers, in 1981 Koch set a limit of 3,000 city- While these garages serve as a meeting point for The city’s administrative code is clear that wide permits for mobile food carts and trucks. the food cart world, there is a decentralized net- permits can’t be sold or transferred. Section 17- The mayor’s move turned pushcarts into the work of owners, brokers and would-be vendors 314.1 (b) of the code reads: “No vehicle or push- new taxis, whose medallions—not the cars that has evaded the haphazard efforts of law
BUCK ENNIS cart used to vend food in a public place shall be themselves—are the valuable asset. CONTINUED ON PAGE 20
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 19 20160613-NEWS--0020-NAT-CCI-CN_-- 6/10/2016 3:49 PM Page 1
SMALL BUSINESS|FOOD-PERMIT FRENZY
enforcement. On a cold, rainy morning earlier this year, I visited nearly a dozen of these garages to figure out how, exactly, this illicit system operates. In Manhattan, the commissaries are clustered in Hell’s Kitchen. Most are no wider than a single-car garage, deep as a typical railroad apartment, and EVERYONE COMES TO ZIZO’S: hidden in plain sight behind hanging strips of Each night, food carts park and restock at this Hell’s thick clear plastic. Often, a broken food cart sits Kitchen garage. along a back wall, awaiting repairs. The licensed commissaries are largely modest operations, garages that store and service just 10 to 15 carts whose operators pay upward of $600 per month. The commissary owners often require vendors to buy their provisions from the garage. Commissary owners make most of their money from a 5% to 10% markup on supplies. Manhattan’s largest commissary doesn’t even store or clean food carts. From their head- quarters on West 37th Street, Tom and George Makkos have run M&T Pretzel for more than three decades. Born in Athens, the Makkos Tetris-tight by two busy men on forklifts. risk, owners are pricing permits higher still. Some brothers immigrated to New York in their teens Tom Makkos—charming, funny, recreation- even require a security deposit in addition to the with their parents; like many Greek immigrants ally vulgar and good with a handshake— biennial fee. of the time, their father supported his family declined to speak on the record with Crain’s “Where are these permits changing hands?” I with a food cart. when I met him that morning. Reached by asked. After college, Tom and George returned to phone several weeks later, he told me he’s no “Go to Astoria,” Zizo said. “That’s where the the family business. Seeing opportunity in longer involved in the retail end of the business. brokers are.” Koch’s permit cap, they amassed a fleet of food “I do not own any permits,” he said. “I don’t When Giuliani instituted the one-person, one- carts—and, crucially, the permits that made own any carts. I have nothing to do with that.” permit rule in 1996, the food cart business was them legal. It’s not known exactly how many Just one block away, I met Hell’s Kitchen’s dominated by Greeks. “Then,” Zizo said, “the permits the Makkoses held at their peak, but a other commissary king, Zizo—“No last name, Egyptians took over. Now it’s Bangladeshis and current employee (who insisted on anonymity) please”—who came to the U.S. from Egypt in Iranians and Turks.” Astoria has been home to all told Crain’s it was “thousands.” the early ’80s. He’s been in food carts ever these groups, and that’s why Zizo sent me to since, clawing his way up from vendor to garage Queens to find the permit brokers. owner. Today he has the second-largest com- On a late Saturday afternoon in March, work- Y 1995, THE BROTHERS, dubbed the missary in Manhattan. ing with just a few cross streets and first names, I Hot Dog Kings by The New York Times, Like M&T Pretzel, Zizo’s garage (whose trade went looking for “Dmitri” and “Effie,” both said Bwere in a position to pay the city a name was never made clear, and defied research to handle certain tasks on behalf of food vendors. $288,200 franchise fee for the right to vend for efforts) is also enormous by industry standards. I wasn’t optimistic—one can’t swing a sou- one year from a single hot dog cart in front of I found Zizo sitting at a cluttered desk in the vlaki in Astoria without hitting a Dmitri—but an the Metropolitan Museum of Art. That same back. He looks to be in his 50s, fit and solid in hour of cold-calling in local storefronts turned up year, they paid $480,400 for the rights to a different lead. In the window of a tiny, Central Park’s 60 concessions, making unkempt real estate office under the ele- them the Parks Department’s second- “GO TO ASTORIA,”ZIZO SAID. vated N and Q subway line, I found a flier. largest revenue driver, after Tavern on “FOOD VENDOR CART with 2 Year the Green. “THAT’S WHERE Citywide Permit + Spot [in] Very Busy Area Soon enough, the high-flying Makkos THE BROKERS ARE” in Queens,” it said. The photo showed a brothers—and at least one other mini- typical halal cart, ready for business. empire of hot dog carts—attracted the According to an older man inside the unwanted attention of Mayor Giuliani. In storefront, “some Indian guy” had asked February 1995, the City Council passed a law that manner of men who don’t actually sit for a him to put up the sign; he himself was not limiting mobile food vending permits to one per living, and he was eager to talk about how the involved, he said. He did, however, know a person or company, effective Jan. 1, 1996. The business has changed over the years. Dmitri (or “Jimmy,” in its Anglicized form) who idea was to once again make the food-cart busi- Not that food vending was ever easy, he was involved with food carts. Like Zizo, he ness a path for aspiring entrepreneurs. With the made clear, but it’s harder than ever. When he offered me cross streets and a polite dismissal. end nigh, the Makkoses diversified (Tom is a arrived, “everybody got a permit,” he said. On the way to find Dmitri, I called the number longtime co-owner of the upscale Italian “Everybody could work.” The barrier to entry on the flier. A man who gave his name as Mr. restaurant Nello), relinquishing the pushcarts as was low enough to encourage entrepreneur- Singh picked up and, in a very thick Indian their permits expired and becoming suppliers ship. In the 1980s, Zizo said, a classic hot dog accent, explained that he was selling his truck. instead. pushcart cost $3,000 to $4,000 to buy; today’s It’s in Jamaica, near the subway, and it “includes Twenty years later, by all appearances, M&T carts, equipped to prepare halal lunches with everything,” he said. Pretzel is nothing but a wholesaling business, and griddles and coolers, can easily run $35,000. “The permit is included?” I asked. has nothing to do with amassing—or renting— When asked about permits, Zizo sighed, “Yes, all five boroughs,” Mr. Singh said. “I food cart permits. Along the back wall of the stood up and pointed to my notebook. “The have a new job. I am selling everything.” large, well-lit space, a row of humming com- price of permit going up, up, up,” he said, jab- “How much do you want?” mercial refrigerators holds enough hot dogs to bing his finger to make sure I got his point. “No, no, please, come out, see the truck. feed a stadium. Stacks of soft drinks fill more of Today, he said, a permit costs $20,000 for a We’ll talk price.” Street vendors often refer to the remaining floor space. two-year black-market rental. He expects that the larger carts as trucks. The Makkoses still appreciate the power of a number to rise to $22,000 next year. Eventually, I got an asking price of between monopoly. Said one older man at a nearby New rules by the city have only made it more $20,000 and $30,000, and I would be buying garage, “If you buy a bottle of Poland Spring in expensive to rent a permit illicitly. In 2015, the the truck and the permit from him directly. Mr. the city, you go through them. Period.” health department began requiring permit hold- Singh refused to say more unless I met him. That’s barely exaggeration: The lot next to ers to show up in person to contest tickets for vio- “Buying” Mr. Singh’s permit would be illegal— M&T is filled with shrink-wrapped pallets of lating the myriad rules of where and when carts and, as a practical matter, impossible—as permits beverages—many with the familiar Poland can operate. (Previously, the licensed food seller are not transferable on the city’s ledger. I doubt
BUCK ENNIS Spring logo, stacked two-high and packed was held responsible.) To account for this greater that’s what Mr. Singh actually meant. More
20 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0020,0021-NAT-CCI-CN_-- 6/10/2016 5:18 PM Page 2
tion that would increase the ranks of mobile vendors. They see sidewalks clogged with cheap meals. They see carpetbaggers occupying valuable real estate. They see ugliness, visual clutter, noise and fumes from diesel generators, unfair competition, litter and lines of customers THE FIXER: Effie Tsatsaronis blocking access to their own storefronts. fixes tickets, legally, for ven- dors from this Astoria store- Basinski says vendors do not compete with front. She was once arrested local businesses. “The removal of vendors has for selling permits. led to a loss of foot traffic that harms brick- and-mortar small businesses,” he has written. Andrew Rigie, executive director of the New York City Hospitality Alliance, which advocates for the city’s restaurants, bars and hotels, agrees. “Most brick-and-mortar business own- ers aren’t anti-vending,” he said. Rigie’s organ- ization wants a new permit program, though he can’t say how it would work. “There are a lot of honest people who want to comply with the law who might be eligible for a permit under a dif- ferent system,” he said. “But until the various likely, Mr. Singh would sell me his cart with the degree and falsifying business records in the stakeholders come to the table, it’s difficult to permit attached; together, we would go to the second degree. The charges were dismissed and say what a new system would look like.” inspection center in Maspeth, and he would the records sealed. The City Council has spent more than a year sign the renewal papers. I wouldn’t see Mr. Tsatsaronis is refreshingly frank about her looking for a compromise everyone can support, Singh again for two years, in time to renew the arrest. “There is an industry, and there are or at least can tolerate, and is no closer to a solu- permit that would again bear his name. things happening everywhere. We happened to tion. On a nearby corner, I bought a $3 souvlaki be the subject of the raid, so we paid for every- Finally, there’s the issue of bureaucratic from a man in his late 30s named Ioannis. I body’s sins at the time. We were the appetite. Officially, city agencies tipped him a few bucks and asked about Dmitri only ones who had to pay the con- are concerned. “The health depart- and Effie, about food carts, about getting a per- sequences.” FACTS ment has taken significant steps to mit. He shot me the suspicious side-eye I had Tsatsaronis said the system is not increase enforcement and reduce come to know. broken—perhaps because she’s the illegal transfer of mobile food “Effie, I don’t work with her. Dmitri? This is built a cottage industry on its ineffi- vending permits,” said a spokes- Dmitri,” he said, pointing to a young Greek guy ciencies. “The city has a point in person for the Department of Health sitting on a folding chair. It was not the right saying, Okay, you have a permit $200 and Mental Hygiene. “This has Dmitri. I thanked him and turned away, but that is your property for as long as LIST PRICE: This is how increased compliance and reduced Ioannis grabbed my arm lightly and asked, “You you use it.” But if a vendor no much the city charges permits being illegally transferred want a cart? I have a cart.” longer wants to stand all day in a for a two-year city-wide or sold.” He whipped out his iPhone and pulled up cart, she said, the permit should mobile-vendor’s permit In fact, fewer than 70 permits photos of a classic pushcart, perfect for selling revert to the city. “Then more peo- have been removed, suspended or $2 hot dogs. ple get a chance for the $200 fee placed on probation since 2014, and “How much?” I asked. every two years, like it should be,” the health department failed to “No, I don’t sell it,” he said. “We work she added. provide any proof of “increased together. You pay me every month.” $20K compliance.” On the street, there “How much? A thousand dollars a month?” PAY TO PLAY: Expect to doesn’t seem to be any slowdown in “No, no,” he said, “we talk price later. You N MY MONTHS REPORTING on pay $20,000—or permits changing hands. come see the cart. It has the sticker.” this story, I got no sense of there more—to rent a permit The Department of Investigation I pressed—$800? Finally, he relented. “The Ibeing a criminal mastermind or from a licensed holder has been running occasional stings permit costs $18,000,” he said. an evil overlord running this black to tamp down the black market, but While the real Dmitri proved elusive, Effie market. By and large, this trade is appears to have little interest in revealed herself without much effort. She runs a done face-to-face, through texts, making arrests. In 2014, for clearly marked business called Effie’s Food and on Craigslist. Rightly or wrongly, instance, the department con- Vendors out of a modest storefront on a quiet most permit sellers are just taking 3K firmed that permits were being sold residential street in Astoria. advantage of a system that happens TOTAL NUMBER of on Craigslist and referred those Every weekday from 6 p.m. to 9 p.m. and to be broken in their favor. mobile food vendor findings to the health department. permits issued by the Saturdays from 10 a.m. to 1 p.m., Ifigenia Sean Basinski, founder and The police are tasked with ticketing health department “Effie” Tsatsaronis serves as an expediter, help- director of the Urban Justice vendors. ing food vendors navigate the tangle of bureau- Center’s Street Vendor Project, The black market preys upon cracy that defines their business. agreed. “It doesn’t make it any better,” he said working-class immigrants, discourages entre- “We renew people’s licenses,” she told me of the permit owners, “but it’s former vendors preneurship and has done nothing to foster from behind the single desk that dominates her who are not rich people—because why would financial security. The vendors who started modest office. “We get them a license for the they have been vending in the first place? Now under Giuliani are now well into middle age, first time, we renew their permits, we adjudi- they’re doing a little bit better. Maybe they’re and most have little to show for their decades of cate their violations, we do their sales taxes.” driving a taxi.” hard work. Tsatsaronis charges $15 to contest a ticket, Indeed, Mr. Singh said he has a new job, “What else am I going to do,” asked Steve, $50 to help get a new operator’s license and, which he wouldn’t name; Ioannis has graduat- the 54-year old who has sold coffee and pastries curiously, $90 to renew that license. For ven- ed to a larger truck. But they’re holding on to in midtown for 27 years. “Who’s going to hire dors earning subsistence wages, it’s more cost- their permits. “It’s $20,000 every two years,” me? I’m not an electrician.” effective to hire Effie than to waste days hauling Basinski said. “It’s almost like a retirement With a resigned grin loaded with gallows paperwork around town. fund, like a pension.” humor, he noted, “Who knows what will hap- Years ago, Tsatsaronis was also known to Why doesn’t the city lift the cap on permits? pen? A few weeks ago, I know one guy who broker deals between permit holders and buy- Or, at least, relax the limit and charge more dropped dead in his cart.” ers. In 2009, along with five others, she was than just $200, putting money in the city’s cof- With that, he shrugged, snapped a plastic lid arrested in a sting by the city’s Department of fers? on my coffee and turned back to his line of cus- Investigation and charged with criminal pos- For one, the city’s business improvement tomers, $1.50 richer by my hand—but still a session of a forged instrument in the second districts, or BIDS, staunchly oppose any legisla- long way from being able to retire. Ⅲ
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 21 TO PLACE A CLASSIFIED AD, CALL 1 800 444 6007 OR VISIT CRAINSNEWYORK.COM
POSITION PUBLIC & LEGAL NOTICES AVAILABLE Notice of Formation of FLOWER SHOP Notice of Qualification of Crossbridge Notice of Qualification of Arosa CAMILLUS, LLC Arts. of Org. filed with Consulting, LLC. Authority filed with NY Midstream GP LLC. Authority filed Software Engineer at Citrix in Jersey City, Secy. of State of NY (SSNY) on 05/10/16. Dept. of State on 1/20/16. Office location: with NY Dept. of State on 5/6/16. NJ. Design, develop, test, troubleshoot Office location: NY County. Princ. office NY County. LLC formed in DE on 1/12/16. Office location: NY County. LLC formed & debug complex software applications. of LLC: Windsor Properties, Attn: Paul NY Sec. of State designated agent of in DE on 3/3/16. NY Sec. of State Set operational specifications & analyze D. Glantz, 99 Park Ave., NY, NY 10016. LLC upon whom process against it may designated agent of LLC upon whom software requirements to guide direction SSNY designated as agent of LLC upon be served and shall mail process to: process against it may be served and of design & implementation. Requires whom process against it may be served. Stephen Shyn, 1180 Ave. of the Americas, shall mail process to: 120 W. 45th St., masters degree or foreign equivalent in SSNY shall mail process to the LLC at Suite 805, NY, NY 10036, principal Ste. 3700, NY, NY 10036, principal computer science, computer engineer- the addr. of its princ. office. Purpose: business address. DE address of LLC: business address. DE address of LLC: ing, electrical engineering or related Any lawful activity. c/o The Corporation Trust Co., 1209 National Corporate Research, Ltd., 850 tech field & 3 yrs of software develop- Orange St., Wilmington, DE 19801. New Burton Rd., Ste. 201, Dover, DE ment experience, including Java. Must Cert. of Form. filed with DE Sec. of 19904. Cert. of Form. filed with DE Sec. pass company technical review. Mail Notice of Formation of MARGOT WEIL State, 401 Federal St., Dover, DE of State, Townsend Bldg., Dover, DE resumes to: Citrix, c/o A. Gonzalez, Job PSYCHOLOGY, LLC Arts. of Org. filed 19901. Purpose: all lawful purposes. 19901. Purpose: any lawful activity. Code 1121, 851 W Cypress Creek Rd., with Secy. of State of NY (SSNY) on Ft. Lauderdale, FL 33309. 05/12/16. Office location: NY County. Princ. office of PLLC: 122 E. 82nd St., Notice of Qualification of Cotiviti, LLC. NY, NY 10028. SSNY designated as Authority filed with NY Dept. of State on Notice of Formation of CON EDISON GAS PIPELINE AND STORAGE NORTH- TELECOMMUNICATIONS agent of PLLC upon whom process against 4/13/2016. Office location: NY County. it may be served. SSNY shall mail pro- Princ. bus. addr.: 50 Danbury Rd., EAST, LLC Arts. of Org. filed with Secy. cess to the PLLC at the addr. of its princ. Wilton, CT 06897. LLC formed in DE on of State of NY (SSNY) on 04/13/16. Of- office. Purpose: Psychology practice. 9/4/1996. NY Sec. of State designated fice location: NY County. Princ. office of agent of LLC upon whom process against LLC: 4 Irving Pl., NY, NY 10003. SSNY it may be served and shall mail process designated as agent of LLC upon whom Notice of Formation of EATALY ROCK to: c/o CT Corporation System, 111 8th process against it may be served SSNY CENTER LLC amended to EATALY USA Ave., NY, NY 10011, regd. agent upon shall mail process to Corporation Service LLC. Arts. of Org. filed with Secy. of whom process may be served. DE addr. Co., 80 State St., Albany, NY 12207-2543. State of NY (SSNY) on 6/27/08. Office of LLC: 1209 Orange St., Wilmington, DE Purpose: Gas pipeline and storage. location: NY County. SSNY designated 19801. Cert. of Form. filed with DE Sec. as agent of LLC upon whom process of State, 401 Federal St., Dover, DE against it may be served. SSNY shall 19901. Purpose: all lawful purposes. Notice of Qualification of APOLLO mail process to: The LLC, c/o Julie Lee, PRINCIPAL HOLDINGS XI, LLC Appl. for 45 E. 20th St., 9th Fl., NY, NY 10003. Auth. filed with Secy. of State of NY NOTICE OF FORMATION OF Pinnacle Purpose: any lawful activity. (SSNY) on 05/18/16. Office location: Standard, LLC. Articles of Organization NY County. LLC formed in Anguilla filed with the Secretary of State of NY on 04/13/15. Princ. office of LLC: (SSNY) on 03/14/2016. Office location: Notice of Formation of Bratland Indus- 9 W. 57th St., NY, NY 10019. SSNY NEW YORK County. SSNY has been tries LLC. Arts of Org filed with secy. of designated as agent of LLC upon whom designated as agent upon whom process state of NY (SSNY) on 3/3/16. Office process against it may be served. SSNY against it may be served. The Post Office location: NY county SSNY designated shall mail process to c/o Apollo Global address to which the SSNY shall mail agent upon whom process may be Management, LLC at the princ. office a copy of any process against the LLC served and shall mail copy of process of the LLC. Delaware addr. of LLC: Cor- served upon him/her is: 3105 Decatur against LLC to principle business poration Service Co., 2711 Centerville Ave, Apt 52A, Bronx, NY 10467. The address: 248 E 2nd Street Apt #11 NY, Rd., Ste. 400, Wilmington, DE 19808. principal business address of the LLC NY 10009. Purpose: any lawful act. Cert. of Form. filed with Secy. of State is: PO Box 68, New York, NY 10009. of DE, John G. Townsend Bldg., 401 Purpose: any lawful act or activity. Federal St., Ste. 4, Dover, DE 19901. Notice of Formation of Bravest Warriors PUBLIC & LEGAL Purpose: Any lawful activity. NOTICES LLC. Arts. of Org. filed with NY Dept. of NOTICE OF FORMATION OF Alpha Vari- State on 4/1/16. Office location: NY ance Solutions. Articles of Organization County. Sec. of State designated agent filed with the Secretary of State of NY NOTICE OF QUALIFICATION OF Notice of Qualification of Distinguished of LLC upon whom process against it (SSNY) on 2/08/16. Office location: NEW OHM CONCESSION GROUP LLC. Capital LLC. App. for Auth. filed with Secy. may be served and shall mail process YORK County. SSNY has been designated Application for Authority of OHM Con- of State of NY (SSNY) on 5/25/16. Office to the principal business address: as agent upon whom process against it cession Group LLC was filed with the location: NY County. LLC formed in Del- c/o Spielman Koenigsberg & Parker, may be served. The Post Office address New York State Department of State on aware (DE) on 5/16/16. SSNY desig- LLP, 1745 Broadway, 18th Fl., NY, NY to which the SSNY shall mail a copy of March 14 2016. The LLC was formed nated as agent of LLC upon whom process 10019, Attn: Richard Koenigsberg, any process against the LLC served in Missouri on January 13, 1998.Office against it may be served. SSNY shall CPA. Purpose: any lawful activity. upon him/her is: CORPORATION SER- Location: New York County, New York. mail process to the principal business VICE COMPANY 80 STATE ST. ALBANY, The Secretary of State of New York location of LLC: 1180 Ave. of the Americas, NY 12207. The principal business was designated agent for service of Fl. 16, NY, NY 10036. DE address of Notice of Formation of FLOWER SHOP address of the LLC is: 5 East 44th St process. The Secretary of State of New LLC: c/o 3H Corporate Services, LLC, CORTLANDVILLE, LLC Arts. of Org. filed Suite 4A New York New York 10017. York shall mail copies of any process 1201 N. Orange St., Ste. 710, Wilming- with Secy. of State of NY (SSNY) on Purpose: any lawful act or activity. served against the limited liability ton, DE 19801. Arts. of Org. filed with 05/10/16. Office location: NY County. company to the company at 120 W. DE Secy. of State, 401 Federal St., Ste. Princ. office of LLC: Windsor Properties, Notice of Formation of EASTSIDE 45th St., New York, NY 10036. The 4, Dover, DE 19901. Purpose: invest- Attn: Paul D. Glantz, 99 Park Ave., NY, ADVANCED MEDICAL LLC Arts. of Org. Missouri address of the LLC is 10812 ment holding companies and any other NY 10016. SSNY designated as agent filed with Secy. of State of NY (SSNY) St. Charles Rock Rd., St. Ann, Missouri purposes permitted by applicable law. of LLC upon whom process against it may be served. SSNY shall mail process on 05/20/16. Office location: NY 63074. The Articles of Organization to the LLC at the addr. of its princ. County. Princ. office of LLC: 408 Jay St., of the LLC are filed with the Missouri Notice of Qual. of Athelstan Advisors office. Purpose: Any lawful activity. Brooklyn, NY 11201. SSNY designated Secretary of State, 600 West Main LLC, Auth. filed Sec’y of State (SSNY) as agent of LLC upon whom process Street, Jefferson City, Missouri 65101. 6/17/15. Off. loc: NY Co. LLC org. in against it may be served. SSNY shall Purpose: any lawful purpose or activity. DE 6/2/15. SSNY desig. as agent of Notice of Formation of GEORGE H. mail process to the LLC, c/o Michael LLC upon whom proc. against it may be PRICE LLC Arts. of Org. filed with Secy. Amoashiy, M.D. at the princ. office of served. SSNY shall mail copy of proc. of State of NY (SSNY) on 05/02/16. the LLC. Purpose: Any lawful activity. Notice of Qualification of 10MSW 21A, to Att: Devin Geoghegan, 15 W. 20th Office location: NY County. SSNY LLC Appl. for Auth. filed with Secy. of St., NY, NY 10011. DE off. addr.: CSC, designated as agent of LLC upon whom Notice of Qualification of Nelson Tree- State of NY (SSNY) on 05/03/16. 2711 Centerville Rd., Wilmington, DE process against it may be served. SSNY house and Supply, LLC. Authority filed Office location: NY County. LLC formed 19808. Cert. of Form. on file: SSDE, shall mail process to c/o Stacy Cochran, with NY Dept. of State on 4/7/16. Office in Delaware (DE) on 04/06/16. Princ. Townsend Bldg., Dover, DE 19901. 90 W. Broadway, 7th Fl., NY, NY 10007. location: NY County. LLC formed in WA office of LLC: 10 Madison Sq. West, Unit Purp: any lawful activities. Purpose: Any lawful activity. on 9/12/11. NY Sec. of State designated 21A, NY, NY 10010. SSNY designated agent of LLC upon whom process against as agent of LLC upon whom process it may be served and shall mail process against it may be served. SSNY shall RACHOK LLC. Art. of Org. filed with the TWO EIGHTEEN LLC. Art. of Org. filed to: c/o CT Corporation System, 111 8th mail process to c/o Corporation Service SSNY on 05/09/16. Office: New York with the SSNY on 05/09/16. Office: Ave., NY, NY 10011, regd. agent upon Co., 80 State St., Albany, NY 12207- County. SSNY designated as agent of New York County. SSNY designated as whom process may be served. WA and 2543. DE addr. of LLC: 2711 Centerville the LLC upon whom process against it agent of the LLC upon whom process principal business address: 32925 Rd., Ste. 400, Wilmington, DE 19808. may be served. SSNY shall mail copy against it may be served. SSNY shall SE Issaquah Fall City Rd., Fall City, WA Cert. of Form. filed with Secy. of State, of process to the LLC, 2 Rector Street, mail copy of process to the LLC, 2 98024. Cert. of Form. filed with WA Sec. DE Div. of Corps., John G. Townsend Suite 903, New York, NY 10006. Rector Street, Suite 903, New York, NY of State, 801 Capitol Way S., Olympia, Bldg., 401 Federal St. - Ste. 4, Dover, Purpose: Any lawful purpose. 10006. Purpose: Any lawful purpose. WA 98501. Purpose: all lawful purposes. DE 19901. Purpose: Any lawful activity.
22 | CRAIN’S NEW YORK BUSINESS |JUNE 13, 2016
P022-23_CN_2016 0613.indd 22 6/9/2016 1:25:40 PM TO PLACE A CLASSIFIED AD, CALL 1 800 444 6007 OR VISIT CRAINSNEWYORK.COM
PUBLIC & LEGAL NOTICES
Notice of Formation of DBA NY Office, Notice of Qual. of Baccarat 42A Owner Notice of Formation of 551 West 21st Notice of formation of MED KITCHN, LLC. Arts. of Org. filed with NY Dept. of LLC, Auth. filed Sec’y of State (SSNY) St Holdings, LLC. Arts. of Org. filed with LLC. Arts of Org filed with Secy. of State of State on 4/14/16. Office location: NY 1/25/16. Off. loc: NY Co. LLC org. in DE NY Dept. of State on 4/22/16. Office NY (SSNY) on 5/6/2016. Office location: County. Princ. bus. addr.: 27 W. 24th 1/11/16. SSNY desig. as agent of LLC location: NY County. Sec. of State desig- NY County. SSNY designated agent upon St., Ste. 10B, NY, NY 10010. Sec. of upon whom proc. against it may be nated agent of LLC upon whom process whom process may be served against State designated agent of LLC upon served. SSNY shall mail copy of proc. to against it may be served and shall mail LLC to: 7014 13th Ave #202 Brooklyn, whom process against it may be served NRAI, 111 Eighth Ave., NY, NY 10011, process to: Duval & Stachenfeld LLP, NY 11228. Principal business address: and shall mail process to: National the Reg. Agt. upon whom proc. may be c/o Alan Cohen, 555 Madison Ave., 6th 41 W 82nd St. #1C NY, NY 10024. Corporate Research, Ltd., 10 E. 40th served. DE office addr.: 160 Greentree Dr., Fl., NY, NY 10022, principal business St., 10th Fl., NY, NY 10016, regd. agent Ste. 101, Dover, DE 19904. Cert. of Form. address. Purpose: all lawful purposes. Notice of Qualification of Cyber Risk upon whom process may be served. on file: SSDE, Townsend Bldg., Dover, Management, LLC. App. for Auth. filed Purpose: any lawful activity. DE 19901. Purp: any lawful activities. Notice of Formation of 785 FIFTH AVE with Secy. of State of NY (SSNY) on REALESTATE LLC Arts. of Org. filed with 5/27/16. Office location: NY County. 21-78 19TH STREET LLC. Art. of Org. Notice of Formation of KEYSTONE Secy. of State of NY (SSNY) on 05/03/16. LLC formed in Delaware (DE) on filed with the SSNY on 04/12/16. REALTY NEW YORK CITY LLC Arts. of Org. Office location: NY County. Princ. office 4/8/13. SSNY designated as agent of Office: New York County. SSNY desig- filed with Secy. of State of NY (SSNY) of LLC: 151 W. 46th St., 10th Fl., NY, LLC upon whom process against it may nated as agent of the LLC upon whom on 06/18/02. Office location: NY County. NY 10036. SSNY designated as agent be served. SSNY shall mail process to: process against it may be served. SSNY Princ. office of LLC: 15 Park Row, Ste. of LLC upon whom process against it Capitol Services, Inc., 1218 Central shall mail copy of process to the LLC, 23N, NY, NY 10038. SSNY designated may be served. SSNY shall mail process Ave., Ste. 100, Albany, NY 12205. DE c/o Triena Capital Partners LLC, 447 as agent of LLC upon whom process to the LLC at the addr.of its princ. office. address of LLC: 1675 South State West 18th Street, 4A, New York, NY against it may be served. SSNY shall mail Purpose: Any lawful activity. St., Ste. B, Dover, DE 19901. Arts. of 10011. Purpose: Any lawful purpose. process to the LLC at the addr. of its princ. Org. filed with DE Secy. of State, 401 office. Purpose: Any lawful activity. Federal St., Ste. 4, Dover, DE 19901. Notice of Qualification of HALLETTS Purpose: any lawful act or activity. Notification of Qualification of Grossman INVESTORS BUILDING 1 LLC. Appl. for Cedar Lane/36th Street, LLC. Authority NOTICE OF FORMATION OF Auth. filed with Secy. of State of NY NOTICE OF FORMATION OF OHM NYC, filed with Secy. of State of NY (SSNY) on PROGRESSIVECAREER LLC. Articles of (SSNY) on 05/27/16. Office location: 3/17/2016. Office location: NY County. LLC. Articles of Organization of OHM Organization filed with the Secretary of NY County. LLC formed in Delaware NYC, LLC were filed with the New York LLC formed in NV on 1/9/2012. SSNY State of NY (SSNY) on 04/19/2016. (DE) on 09/16/15. SSNY designated designated agent upon whom process State Department of State on January Office location: NEW YORK County. as agent of LLC upon whom process 5, 2016. Office Location: New York may be served and shall mail copy of SSNY has been designated as agent against it may be served. SSNY shall process against LLC to: Janie Manage- County, New York. The Secretary of upon whom process against it may mail process to c/o Royal Realty Corp., State of New York was designated agent ment Corp., 335 Oak Avenue, River be served. The Post Office address to Attn: Corporate Counsel, One Bryant Edge, NJ 07661. Principal business for service of process. The Secretary of which the SSNY shall mail a copy of any Park, NY, NY 10036. DE addr. of LLC: State of New York shall mail copies of address: 1655 Blue Spruce Road, Reno, process against the LLC served upon c/o Corporation Service Co., 2711 NV 89511. Certificate of LLC filed with any process served against the limited him/her is: 220 RIVERSIDE BOULEVARD Centerville Rd., Ste. 400, Wilmington, liability company to the company at Secy. of State of NV located at: 101 APARTMENT 28F NEW YORK, NY 10069 DE 19808. Cert. of Form. filed with North Carson Street, Suite 3, Carson 120 W. 45th St., New York, NY 10036. The principal business address of the LLC Secy. of State of DE, John G. Townsend Purpose: any lawful purpose or activity. City, NY 89701. Purpose: any lawful act. is: 220 RIVERSIDE BOULEVARD APART- Bldg., 401 Federal St., Ste. 4, Dover, MENT 28F NEW YORK, NY 10069 DE 19901. Purpose: Any lawful activity. Notice of Formation of EATALY NY FIDI, Notice of Formation of Apex Global, LLC, Purpose: any lawful act or activity. LLC. Arts. of Org. filed with Secy. of State Art. of Org. filed with Sec’y of State (SSNY) Notice of Qualification of HALLETTS of NY (SSNY) on 7/11/14. Office loca- on 2/2/16. Office location: NY County. Notice of formation of Life By Dru LLC. INVESTORS BUILDING 2 LLC. Appl. for tion: NY County. SSNY designated as agent SSNY designated as agent of LLC upon Arts of org filled with secy. of State Auth. filed with Secy. of State of NY of LLC upon whom process against it whom process against it may be served. of NY (SSNY) on 2/2/2016. Office (SSNY) on 05/27/16. Office location: may be served. SSNY shall mail process SSNY shall mail copy of process to Cecilia Location: NY County. SSNY designated NY County. LLC formed in Delaware to: c/o Julie Lee, 45 E. 20th St., 9thFl., NY, Soh, 315 W. 36th St., Ste. 17B, NY, NY agent upon whom process may be (DE) on 05/26/16. SSNY designated NY 10003. Purpose: any lawful activity. 10018. Purpose: any lawful activities. served against LLC to principal busi- as agent of LLC upon whom process ness address: 460 W. 149th St. APT 62 against it may be served. SSNY shall Notice of Qual. of 623 Halsey Lender, NY, NY 10031. Purpose: any lawful act. mail process to c/o Royal Realty Corp., Notice of Formation of JS Psychological, Attn: Corporate Counsel, One Bryant LLC, Auth. filed Sec’y of State (SSNY) PLLC. Arts. of Org. filed with Secy. of Park, NY, NY 10036. DE addr. of LLC: 12/29/15. Office loc: NY County. LLC State of NY (SSNY) on 5/19/16. Office Notice of Formation of Grand Wac LLC. Arts. c/o Corporation Service Co., 2711 org. in DE 12/23/15. SSNY desig. as location: NY County. SSNY designated of Org. filed with Secy. of State of NY (SSNY) Centerville Rd., Ste. 400, Wilmington, agent of LLC upon whom proc. against as agent of LLC upon whom process on 4/27/16. Office location: NY County. DE 19808. Cert. of Form. filed with it may be served. SSNY shall mail copy against it may be served. SSNY shall mail SSNY designated as agent of LLC upon Secy. of State of DE, John G. Townsend of proc. to 256 W. 116th St., 2nd Fl., process to: 185 Madison Ave., #15-07, NY, whom process against it may be served. Bldg., 401 Federal St., Ste.4, Dover, DE NY, NY 10026. DE office addr.: CSC, NY 10016. Purpose: any lawful activity. SSNY shall mail process to: c/o The LLC, 19901. Purpose: Any lawful activity. 2711 Centerville Rd., Wilmington, DE 192 Lexington Avenue, Ste. 1100, NY, 19808. Cert. of Form. on file: SSDE, NY 10016. Purpose: any lawful activity. Townsend Bldg., Dover, DE 19901. Notice of Qual. of 552 Gates Lender, Notice of Qualification of Transamerica Purp: any lawful activities LLC, Auth. filed Sec’y of State (SSNY) Retirement Insurance Agency, LLC. Notice of Formation of FLOWER SHOP 10/29/15. Office loc: NY County. LLC Authority filed with NY Dept. of State on Notice of Qualification of Consolidated BRIGHTON, LLC Arts. of Org. filed with org. in DE 10/27/15. SSNY desig. as 1/7/2016. NYS fictitious name: TRIA Energy Solutions LP. Authority filed with Secy. of State of NY (SSNY) on 05/10/16. agent of LLC upon whom proc. against Insurance Agency LLC. Office location: NY Dept. of State on 5/20/16. NYS fict. Office location: NY County. Princ. office it may be served. SSNY shall mail copy NY County. Princ. bus. addr.: 408 St. name: Consolidated Energy Solutions USA of LLC: Windsor Properties, Attn: Paul of proc. to 256 W. 116th St., 2nd Fl., Peter St., Ste. 230, St. Paul, MN 55102. LP. Office location: NY County. Princ. bus. D. Glantz, 99 Park Ave., NY, NY 10016. NY, NY 10026. DE office addr.: CSC, LLC formed in DE on 4/3/2013. NY addr.: 1920 Yonge St., Ste. 200, Toronto, SSNY designated as agent of LLC upon 2711 Centerville Rd., Wilmington, DE Sec. of State designated agent of LLC ON M4S 3E2 Canada. LP formed in DE whom process against it may be served. 19808. Cert. of Form. on file: SSDE, upon whom process against it may be on 12/8/15. NY Sec. of State designated SSNY shall mail process to the LLC at Townsend Bldg., Dover, DE 19901. served and shall mail process to: c/o agent of LP upon whom process against it the addr. of its princ. office. Purpose: Purp: any lawful activities. CT Corporation System, 111 8th Ave., may be served and shall mail process to: Any lawful activity. NY, NY 10011, regd. agent upon whom c/o CT Corporation System, 111 8th Ave., process may be served. DE addr. of Notice of Qualification of Convene NY, NY 10011, regd. agent upon whom LLC: 1209 Orange St., Wilmington, DE Notice of Qualification of 62-60 99th 780 Third Avenue, LLC. Authority filed process may be served. DE addr. of LP: 19801. Cert. of Form. filed with DE Sec. Street Owner II LLC. Authority filed with with NY Dept. of State on 4/19/16. 1209 Orange St., Wilmington, DE 19801. of State, 401 Federal St., Dover, DE NY Dept. of State on 5/13/16. Office Office location: NY County. Princ. bus. Name/addr. of genl. ptr. available from 19901. Purpose: all lawful purposes. location: NY County. Princ. bus. addr.: addr.: 366 Madison Ave., 7th Fl., NY Sec. of State. Cert. of LP filed with DE 825 3rd Ave., Fl 37, NY, NY 10022. NY, NY 10017. LLC formed in DE on Sec. of State, 401 Federal St., Dover, DE LLC formed in DE on 5/10/16. NY Sec. 3/17/16. NY Sec. of State designat- 19901. Purpose: all lawful purposes. Notice of Formation of HUDSON of State designated agent of LLC upon ed agent of LLC upon whom process BERGEN LLC Arts. of Org. filed with whom process against it may be served against it may be served and shall Name of LLC: High Line Advisory Services Secy. of State of NY (SSNY) on 05/24/16. and shall mail process to: c/o CT Corporation mail process to: Corporation Service LLC. Arts. of Org. filed with NY Dept. of Office location: NY County. Princ. office System, 111 8th Ave., NY, NY 10011, Co., 80 State St., Albany, NY 12207, State: 5/31/16. Office loc.: NY Co. Sec. of LLC: 826 Broadway, 11th Fl., NY, NY regd. agent upon whom process may regd. agent upon whom process may of State designated agent of LLC upon 10003. SSNY designated as agent of be served. DE addr. of LLC: Corporation be served. DE addr. of LLC: 2711 whom process against it may be served LLC upon whom process against it may Trust Co., 1209 Orange St., Wilmington, Centerville Rd., Ste. 400, Wilmington, DE and shall mail process to: Business Filings be served. SSNY shall mail process to DE 19801. Cert. of Form. filed with DE 19808. Cert. of Form. filed with DE Sec. Inc., 187 Wolf Rd., Ste. 101, Albany, NY the LLC, 826 Broadway, NY, NY 10003. Sec. of State, 401 Federal St., Dover, of State, 401 Federal St., Dover, DE 12205, regd. agt. upon whom process Purpose: Any lawful activity. DE 19901. Purpose: all lawful purposes. 19901. Purpose: all lawful purposes. may be served. Purpose: any lawful act.
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 23
P022-23_CN_2016 0613.indd 23 6/9/2016 3:35:27 PM To place your listing, contact Joanne Barbieri • 212-210-0189
ADVERTISING & MARKETING FINANCE HUMAN RESOURCES REAL ESTATE News America Marketing City National Bank The Bachrach Group Zubatkin Owner Representation, LLC. Angelique Bellmer Zach Mayo joined City Mike DeVita, 40, Erica Tishman, 56, Krembs joined News National Bank as East joined recruiting joined Zubatkin America Marketing Coast Commercial firm, The Bachrach Owner Represen- as Chief Marketing Banking Manager. He Group, as Technolo- tation, LLC as Vice Officer. She was was formerly Manag- gy Practice Director President. She was formerly VP of Mar- ing Director at Citi- NY Market. He was formerly Partner keting for Trademark bank. Based out of formerly Division Di- at Dewitt Tishman Pepsi at PepsiCo. City National’s Park rector at Modis. This Architects LLP. Ms. Angelique will be responsible for Avenue office, Mayo will lead a team role became vacant because Matt Tishman will oversee the planning, providing thought leadership and of commercial bankers, delivering Conroy is transferring and launching design, approvals and construction strategic marketing guidance for the City National’s customized financial of building projects for Zubatkin’s the new Philadelphia Location. organization overall in addition to solutions to mid-sized businesses clients, as well as support the firm’s leading the Insights, Innovation and in the New York region. For more business development efforts. From Creative Services teams. Angelique information go to www.cnb.com. her 30 years of experience as an brings with her 22 years of CPG ex- PUBLIC RELATIONS architect and through service on pertise from PepsiCo, where she was Boards for several New York institu- EVINS Communications, Ltd. known for leading iconic brands City National Bank tions, she brings a unique perspec- including Pepsi and SoBe. Brandon Williams Robert Schaltenbrand tive to the management of capital joined City National Robert Schaltenbrand joined EVINS projects and real estate development Bank as the Head Communications, Ltd. as Senior planning process. of Metro New York Vice President. He was formerly Di- - Private Client rector of Marketing & Development Services. Based at CORE: club. Mr. Schaltenbrand EXECUTIVE MOVES out of the bank’s will oversee EVINS’ Lifestyle Group Try our new Advanced Search tool Park Avenue office, as well as provide strategic counsel EXECUTIVE MOVES Williams is leading City National’s to all agency clients. A passion- with data on thousands of executives expansion in the Metro New York ate, design-led thinker and senior One flat fee: print and online and personnel changes. market. Williams and his team pro- business leader, he has extensive vide customized financial solutions experience delivering transforma- To submit your listing , visit www.crainsnewyork.com/execmoves to high-net-worth families, non- tional consumer programming on profit organizations and professional behalf of some of the world’s largest www.crainsnewyork.com/execmoves services firms. and fastest-growing brands.
CRAIN’S Health Care Summit Monday, June 27, 2016 New York Athletic Club 180 Central Park South 8:00 a.m. – 8:30 a.m. Registration and Networking Breakfast DISRUPTION 8:30 a.m. – 12:00 p.m. Program Cost to Attend: at the Doctor’s Offi ce $300 for individual ticket(s) $3,000 for table(s) of 10 $4,500 for table of 10 + full page journal ad Crain’s is is bringing bringing together together doctors doctors *PANEL 1: Surviving Health Care Reform You must be pre-registered to attend this event. from practices large and small, as No refunds permitted. well as urgent-care providers, to examine how they are adapting to For more event information: upheavals in health care and the Ashlee Schuppius implicationsimplications forfor costscosts andand quality.quality. RICHARD MOREL SUMIR SAHGAL ADAM STRACHER 212-210-0739 M.D., MMM M.D. M.D. Medical Director & Vice Chief Medical Director, Primary [email protected] OPENING KEYNOTE SPEAKER: President, WESTMED Offi cer, Founder Care Division, Weill Cornell Medical Group Essen Health Care Physician Organization For sponsorship opportunities: *PANEL 2: Urgent Care Upstarts Irene Bar-Am 212-210-0133 [email protected]
TOM X. LEE, M.D. REGISTER TODAY Founder and CEO MICHAEL GOLDSTEIN TODD LATZ R I C H A R D P A R K »crainsnewyork.com/events-hcjune2016 « One Medical Group M.D., J.D. Chief Executive M.D. President, New York Offi cer, GoHealth Chief Executive County Medical Society Urgent Care Offi cer, CityMD Supporting Sponsor: *Additional panelists to be confi rmed.
24 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016
P024_CN_20160613.indd 24 6/9/2016 3:36:17 PM 20160613-NEWS--0025-NAT-CCI-CN_-- 6/10/2016 8:20 PM Page 1
GOTHAM GIGS
DIRTY JOB: Robin Nagle sees the men (and a few women) behind the black plastic bags.
Trash-talking academic ROBIN NAGLE Sanitation department anthropologist Robin Nagle stands up for the people who move our waste AGE 55 Finger Lakes region, New York wollen garbage bags are an unavoidable sight on refuse. “The job is way more dangerous than being a cop BORN New York’s curbs, but the job of carting them or firefighter,” Nagle said. The Bureau of Labor Statistics RESIDES Manhattan away tends to be invisible. “There’s this whole ranks it among the top-five most dangerous jobs for its EDUCATION New York University, army that keeps us safe from our dross,” says workplace fatality rate of 30 deaths per 100,000 workers. B.A.; Columbia University, Ph.D., SRobin Nagle, the Department of Sanitation’s official Sanitation workers often feel overlooked and under- anthropology anthropologist-in-residence. “But because they do their appreciated. Their total compensation can top $150,000 a THE BOOK In Picking Up, Nagle job pretty well, we get to ignore them.” year after just five-and-a-half years, but morale offers a lengthy glossary for “How to Sanitation workers are the most impor- “ The job is is often low. “The invisibility of the whole issue Speak Sanitation.” A “tissue” is an tant of the city’s uniformed forces, Nagle way more of garbage in the city extends to the workers,” easy desk job; “blood money” is over- time for plowing snow; “stealing a argues. Without them, the city would be Nagle said. dangerous street” is driving the wrong way down a uninhabitable. She has made it her job to Nagle chronicled her research in her 2013 than being one-way street; “disco rice” are mag- explain—and demand more respect for—the book, Picking Up. In her unsalaried role, she gots. work that they do. A professor of anthro- a cop or a offers tours of a collection of “treasures in the NOT CHEAP,BUT New York’s public pology and environmental studies at New trash” salvaged by sanitation worker Nelson firefighter ” garbage-collection costs are more than York University, she began shadowing the Molina. It’s stored in a garage slated for demoli- double those of the city’s private-waste city’s sanitation workers more than a decade ago, and tion, and Nagle wants to find it a permanent home. carters and higher than those of most even got certified to do the job herself. “Police has a museum, Fire has a museum, Transit has a other U.S. cities. Nagle notes the price “I wanted to know what it is like to have that respon- museum. Sanitation deserves a museum,” she said. tag covers snow removal, too. “It’s a sibility, to wear the uniform, to carry the stigma,” she Nagle speaks wistfully of the public parades the city science and an art to combat snow. said. To join the ranks, Nagle had to show she could toss threw for street cleaners in the late 19th century, when And these workers are experts.” a 65-pound bag of trash and pass a road test driving a 22- New Yorkers could still recall a smelly and diseased city. BOYS CLUB Nagle admits that haul- ton garbage truck. The work, she learned, is tough. Each “Everything around us is waiting to become ruins, dis- ing is hard “but not impossible for a female. I could do it, and you worker hoists around five tons of garbage per shift, often cards, waste, trash,” she observed. “These workers allow wouldn’t think me muscle bound.” while weaving between reckless motorists and parked the city to become what the city has become.”
BUCK ENNIS cars. Bursting bags can expose workers to hazardous — EMILY BOBROW
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 25 20160613-NEWS--0026-NAT-CCI-CN_-- 6/10/2016 5:19 PM Page 1
SNAPS
Philharmonic shines light on Oscar-winning composer The May 24 benefit for the New York Philharmonic was an action-movie lover’s dream come true.The orchestra honored composer John Williams by playing parts of the scores he wrote for such films as Star Wars, Jaws, Raiders of the Lost Ark and Close Encounters of the Third Kind, while clips from the movies appeared on the screen.
Actor Alec Baldwin and his wife, yoga instructor Hilaria, with Fox News anchor Megyn Kelly and New York Times columnist Andrew Ross Sorkin her husband, novelist Douglas Brunt, at the and New York Philharmonic President Matthew Philharmonic benefit, which raised $1.2 million. VanBesien at the gala held at David Geffen Hall.
Children’s Museum of Manhattan draws $800,000 The High Line raises $3.6 million
Stuart Vevers, execu- tive creative director of Coach, Inc. and actress Chloe Grace Moretz at a May 23 fete for the High Line at the Waterfront event space on 11th Avenue.
Lorelei Atalie Vargas, a deputy commissioner for the Administration for Children’s Services; Kelvin K. Chan, a director for the Department of Health and Mental Hygiene; and Leslie Bushara, a deputy director for the Children’s Museum of Manhattan, at the museum fundraiser May 24.
Darren Walker, president of the Ford Foundation, and Robert Hammond, co-founder and executive director of the High Line, at the High Line fundraiser.
Laurie M. Tisch, Children’s Museum board officer, and Lauran Tuck and her husband, former New York Giants defensive end Justin Tuck, co-founders of the nonprofit Tuck’s R.U.S.H. for Literacy, at the museum benefit held at the Lighthouse at Chelsea Piers.
GETTY NY FOR PHILHARMONIC, PATRICK MCMULLAN, PETER REITZFELD SEE MORE OF THIS WEEK’S SNAPS ONLINE AT CRAINSNEWYORK.COM/SNAPS GET YOUR GALA IN SNAPS. EMAIL THERESA AGOVINO, [email protected]
26 | CRAIN’S NEW YORK BUSINESS | JUNE 13, 2016 20160613-NEWS--0027-NAT-CCI-CN_-- 6/10/2016 5:19 PM Page 1
PHOTO FINISH On the waterfront n a hot June afternoon, a crew of middle schoolers strained to keep their 200-pound rowing shell moving straight along the Harlem ORiver near the Peter Jay Sharp Boathouse in upper Manhattan. On the orders of the coxswain, all eight dipped their 10-pound oars in the water. Row New York has a mission to give kids in poorer areas of the city access to a sport usually linked to elite colleges. Cameron and Tyler Winklevoss, the twins known for their Facebook lawsuit, and who rowed for the U.S. in the 2008 Olympics, donated two of the shells used by the program. The organization began in 2002, and started renting the boat- house in 2012, where it pays $3,200 a month. “When we took over,” explained founder Amanda Kraus, “our goal was to make it feel like the boathouse belonged to the kids and they weren’t just guests.” The kids in the competitive program come mostly from upper Manhattan and the Bronx—a boathouse in Flushing Meadows- Corona Park hosts Queens and Brooklyn kids. Crews have taken medals against pri- vate schools in regattas, including Boston’s Head of the Charles. The organization said all of its high school participants graduated on time last year, compared with 70.5% of public school students citywide. — PETER D’AMATO PETER D’AMATO
JUNE 13, 2016 | CRAIN’S NEW YORK BUSINESS | 27 B:11.125” T:10.875” S:10.25”
Think you know our coverage? Think again.
WE DOUBLED B:14.75” T:14.5” OUR LTE COVERAGE S:14”
LTE coverage doubled between 2015 & 2016.
T-Mobile @Work has your business covered.
• We doubled our LTE coverage since the beginning of 2015. • We added Extended Range LTETM which reaches 2x farther and is 4x better in buildings than before. • America’s fastest 4G LTE network.
See an @Work specialist at a T-Mobile store today. 1-844-4AT-WORK
Fastest based on download speeds. Capable device required. LTE coverage and Extended Range LTE coverage not available in some areas. See T-Mobile.com for details. T-Mobile and the magenta color are registered trademarks of Deutsche Telekom AG. ©2016 T-Mobile USA, Inc.
General Information Production Specs PrePress Info Name OK FIX Date File name: 16717_ELWorkBusJrnlsJun_06.13.16.indd Bleed: 11.125” x 14.75” Application: InDesign CC 2015 11.3 D.A.: Kiry Luc
Client: T-Mobile Trim: 10.875” x 14.5” Colors: Cyan, Magenta, Q.C.: Ricky Fischer Yellow, Black Job #: 16-TMO-126-P-01 Live: 10.25” x 14” Fonts: Tele Proofreader: Jenny Keene Media Type: Back Cover Gutter: None Project Mgr: Tika
Release Date: 6/6/16 Common Size: None A.D.: Chad
Date/Time: 6-6-2016 11:50 AM Ad Size: None Copywriter: Dan
Creative Version: @Work Output %: None C.D.: Rob Comments: x1a pdf Print Pro.: Molly Costin AD 300% max ink density NEW YORK CRAINS Acct. Exec.: Marisa
16717 Acct. Super.: None
JUNE - 6/13/16 Client OK: 10.25” x 14.5”