DOCSLIB.ORG

Amendment No. 1 to Form S-11 Phillips Edison & Company

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Amendment No. 1 to Form S-11 Phillips Edison & Company As filed with the Securities and Exchange Commission on June 21, 2021 Registration No. 333-255846 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-11 FOR REGISTRATION UNDER THE SECURITIES ACT OF 1933 OF SECURITIES OF CERTAIN REAL ESTATE COMPANIES PHILLIPS EDISON & COMPANY, INC. (Exact Name of Registrant as Specified in its Governing Instruments) 11501 Northlake Drive Cincinnati, Ohio 45249 (513) 554-1110 (Address, Including Zip Code, and Telephone Number, including Area Code, of Registrant’s Principal Executive Offices) Jeffrey S. Edison Chief Executive Officer 11501 Northlake Drive Cincinnati, Ohio 45249 (513) 554-1110 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service) Copies to: Julian T.H. Kleindorfer Yoel Kranz Bradley A. Helms David Roberts Lewis W. Kneib Goodwin Procter LLP Latham & Watkins LLP 620 Eighth Avenue 355 South Grand Avenue, Suite 100 New York, New York 10018 Los Angeles, California 90071-1560 (212) 813-8800 (213) 485-1234 Approximate date of commencement of proposed sale to the public: As soon as practicable after this registration statement becomes effective. If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box. ☐ If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If delivery of the prospectus is expected to be made pursuant to Rule 434, check the following box. ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer x Smaller reporting company ☐ Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act: ☐ The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to Section 8(a), may determine. The information in this preliminary prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell these securities and we are not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. Subject to Completion, dated June 21, 2021 PROSPECTUS Shares PHILLIPS EDISON & COMPANY, INC. Common Stock Phillips Edison & Company, Inc. is an internally-managed real estate investment trust, or REIT, and one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood and community shopping centers. We are offering shares of our common stock as described in this prospectus. All of the shares of our common stock offered by this prospectus are being sold by us. We currently expect the public offering price to be between $ and $ per share. We intend to apply to have our common stock listed on the Nasdaq Stock Market LLC, or Nasdaq, under the symbol “PECO.” Currently, our common stock is not traded on a national securities exchange, and this will be our first listed public offering. We were formed as a Maryland corporation in October 2009 and have elected to be taxed as a REIT for U.S. federal income tax purposes beginning with our taxable year ended December 31, 2010. Shares of our common stock are subject to ownership limitations that are primarily intended to assist us in maintaining our qualification as a REIT. Our charter contains certain restrictions relating to the ownership and transfer of our common stock, including, subject to certain exceptions, a 9.8% ownership limit of common stock by value or number of shares, whichever is more restrictive. See “Description of Capital Stock—Restrictions on Ownership and Transfer” beginning on page 148 of this prospectus. Investing in our common stock involves risk. See “Risk Factors” beginning on page 16 of this prospectus. Per Share Total Public offering price Underwriting discount(1) Proceeds, before expenses, to us (1) See the section entitled “Underwriting” for a complete description of the compensation payable to the underwriters. We have granted the underwriters the option to purchase an additional shares of our common stock on the same terms and conditions set forth above within 30 days after the date of this prospectus to cover overallotments, if any. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. The underwriters expect to deliver the shares of our common stock on or about , 2021. Morgan Stanley BofA Securities J.P. Morgan The date of this prospectus is , 2021 TABLE OF CONTENTS PAGE MARKET, INDUSTRY, AND OTHER DATA ii RECAPITALIZATION ii REVERSE STOCK SPLIT ii CERTAIN DEFINED TERMS USED IN THIS PROSPECTUS iii PROSPECTUS SUMMARY 1 THE OFFERING 14 SUMMARY SELECTED CONSOLIDATED FINANCIAL AND OTHER DATA 15 RISK FACTORS 16 CAUTIONARY STATEMENT CONCERNING FORWARD LOOKING STATEMENTS 34 USE OF PROCEEDS 36 RECAPITALIZATION 36 REVERSE STOCK SPLIT 36 DISTRIBUTION POLICY 37 CAPITALIZATION 40 DILUTION 41 SELECTED FINANCIAL DATA 42 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 43 INDUSTRY AND MARKET DATA 77 OUR BUSINESS AND PROPERTIES 94 MANAGEMENT 111 PRINCIPAL STOCKHOLDERS 136 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 138 POLICIES WITH RESPECT TO CERTAIN ACTIVITIES 140 THE OPERATING PARTNERSHIP AND THE PARTNERSHIP AGREEMENT 142 SENSITIVITY ANALYSIS 146 DESCRIPTION OF CAPITAL STOCK 147 MARKET PRICE OF AND DIVIDENDS ON THE REGISTRANT’S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 151 CERTAIN PROVISIONS OF MARYLAND LAW AND OF OUR CHARTER AND BYLAWS 155 SHARES ELIGIBLE FOR FUTURE SALE 159 FEDERAL INCOME TAX CONSIDERATIONS 162 ERISA CONSIDERATIONS 177 UNDERWRITING 179 LEGAL MATTERS 181 EXPERTS 181 WHERE YOU CAN FIND MORE INFORMATION 181 INDEX TO FINANCIAL STATEMENTS 182 You should rely only on the information contained in this prospectus or in any free writing prospectus prepared by us. We have not, and the underwriters have not, authorized anyone to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. We are not, and the underwriters are not, making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus and in any free writing prospectus prepared by us is accurate only as of their respective dates or on the date or dates specified in these documents. Our business, financial condition, liquidity, results of operations, and prospects may have changed since those dates. i MARKET, INDUSTRY, AND OTHER DATA We use market data throughout the prospectus, generally obtained from publicly available information and industry publications. We have also obtained the information in “Industry and Market Data,” as well as certain information in “Prospectus Summary,” “Our Business and Properties,” and in other sections of this prospectus where indicated, from the market study prepared for us by Jones Lang LaSalle Americas Inc., or JLL, an independent third- party real estate advisory and consulting services firm. Such information is included herein in reliance on JLL's authority as an expert on such matters. See “Experts.” These sources generally state that the information they provide has been obtained from sources believed to be reliable, but the accuracy and completeness of the information are not guaranteed. The market data includes forecasts and projections that are based on industry surveys and the preparers’ experiences in the industry, and there is no assurance that any of the projections or forecasts will be achieved. We believe that the surveys and market research others have performed are reliable, but we have
Load more

Recommended publications
  • Manhattan 2015 Year-End Sales Report by Ariel Property Advisors | Released January 2016
    MANHATTan 2015 Year-END SALES REPORT by Ariel Property Advisors | Released January 2016 Join Our Network: e-mail [email protected] or visit arielpa.nyc 212.544.9500 I arielpa.nyc 122 East 42nd Street, Suite 1015, New York NY 10168 MANHATTan 2015 Year-END SALES REPORT Dear Friends, 2015 Year-END SALES REPORT A surge of institutional multifamily and office transactions, capped off by the $5.5 billion sale of Stuyvesant Town / Peter Cooper Village, drove another record year for Manhattan investment property sales. Dollar Volume Transaction Volume Property Volume Manhattan saw 776 transactions consisting of 1,060 properties totaling approximately $50.245 billion in gross consideration in 2015. This translates to a strong 56% increase in dollar volume despite a modest 5% increase in transaction volume and a 19% increase in $50.2 776 1,060 property sales volume compared to 2014, which saw 736 transactions comprised of 891 properties totaling $32.1 billion in gross consideration. BILLION 56% increase 5% increase 19% increase The increase in total dollar volume can partially be attributed to unusually unique activity exhibited in Midtown East, which led the borough in 2015 with a total of $26.197 billion compared compared compared spent on 151 transactions, consisting of 216 properties. These numbers represent an sub- to 2014 to 2014 to 2014 staintial increase from the prior year. Notable transactions include the $2.29 billion sale of 11 Madison Avenue, a 29-story office tower; the Helmsley Building at 230 Park Avenue, a 34-story, 1.4 million square foot office building just north of Grand Central, for $1.207 bil- lion; and the Waldorf Astoria Hotel at 301-319 Park Avenue for $1.95 billion.
    [Show full text]
  • Meeting the Moment Annual Report FY2020 to Say That The
    FY2020 Annual Report Moment Meeting the Meeting Annual Report FY2020 To say that the $500KRecovery fund past year did not turn out as planned $2.9MFY21 budget from $3.2 million or expected is an understatement. are unique to our district and helped it thrive. We also continued to expand our Hudson Square Canvas public art project; the Hudson Square Standard, our award-winning design Contents that reimagines the potential for urban Page 01 Page 18 Page 40 We launched headlong into the year excited sidewalks; began work on pedestrian-friendly Reflecting Reimagining about the expansion of our BID boundaries, our A message from the improvements to Varick Street, a project new streetscape improvement projects that Chair and the President 10-Year Anniversary Masterplan a decade in the making; and continued our continue to transform the BID, and our future arts efforts to solidify the area as an exemplary Hudson Scare Hudson Street and public space projects that have helped build green, urban district. Page 02 Elves and Holiday Constituent Services community in Hudson Square. Then COVID caused a full district shutdown Then COVID-19 hit. But we did not shrink overnight. Bustling streets and public spaces Recovering Decorations Residential and away in the face of the unfathomable challenges emptied. Restaurants and retail businesses Recovery Fund Hudson Square Standard Commercial presented by the pandemic. Instead, we shuttered their doors. Booming construction, Development Map Liz Neumark Parklets and Hudson Square Canvas harnessed the creative energy that helped us including that of the future Disney and Google Construction Chair Outdoor Dining Spring Street Park build a bustling, dynamic BID to develop a plan to headquarters, came to a screeching halt.
    [Show full text]
  • New York Zipsters Get a Charge out of Driving with New Accord
    New York Zipsters Get a Charge out of Driving with New Accord Plug-in Hybrids Edison ParkFast and Zipcar team up to provide more sustainable transportation options for New York Boston, MA. – September 5, 2013 – Edison ParkFast and Zipcar, Inc., the world’s leading car sharing network, today announced the introduction of twenty 2014 Honda Accord Plug-in Hybrids to the Zipcar New York fleet at Edison ParkFast locations throughout the city. “We are thrilled to be able to offer Honda Accord Plug-In Hybrids to our members in the New York area through Zipcar’s program with Honda and our relationship with Edison ParkFast,” said Zipcar President, Mark Norman. “The large number of convenient Edison ParkFast locations allows Zipcar to provide several sustainable transportation options for area residents and visitors.” The new Honda Accord Plug-ins are located at 10 convenient locations throughout Manhattan, with Zipcar branded parking spots and charging stations at each site. The plug-ins are available to all Zipcar members ages 21+, starting from $14.50 per hour. “We’ve enjoyed our partnership with Zipcar since 2008,” said Stacy Stuart, Executive Vice President, Marketing and Human Resources at Edison Properties, the parent company of Edison ParkFast. “Both companies are committed to providing people in New York and elsewhere with the best possible driving and parking options. And with the arrival of Zipcar’s Plug-in Hybrid electric vehicles, combined with our ParkFast charging stations, New Yorkers now have a new and environmentally friendly way of getting where they need to go.” Zipcar is a longstanding pioneer in using advanced vehicle technologies as the first car sharing company in the United States to introduce electric vehicles, starting in Boston in 2002, and the first to offer hybrid vehicles through a partnership with Honda in Seattle in 2003.
    [Show full text]
  • Development News Highlights MANHATTAN - MID-4TH QUARTER 2019 PLUS an OUTER BOROUGH SNAPSHOT Looking Ahead
    Development News Highlights MANHATTAN - MID-4TH QUARTER 2019 PLUS AN OUTER BOROUGH SNAPSHOT Looking Ahead NYC Sets Sight on Governors Island for Climate Change Lab Serving as the “latest example of local governments taking the lead on climate policy following President Trump’s decision in June 2017 to withdraw from the Paris Climate Accord, New York City has reportedly released a request for proposals (RFP) to contractors in consideration of what has been described as the creation of a “living laboratory” for coping with the effects of climate change on Governors Island. Although the idea is in very early stages, the proposal would transform a portion of the southern half of the 172-acre island, and serve as the “anchor” for the island’s development according to reported details within the RFP. New York City is currently facing the dilemma of rising demand for building along the water despite rising sea levels due to global warming. Governors Island offers an ideal location in New York Harbor off the tip of Lower Manhattan since it is particularly exposed to fl ooding and storm surge, thereby serving as a “visible representation” of what issues the New York, as a waterfront city, will be confronting by offering a “living laboratory” for climate adaption and education intended to provide New York City with the needed insight to deal with these issues in an urban context. The city has reportedly reached out to consultants to assist in creating a “pitch deck” selling the idea for distribution to foundations, universities or other possible partners, with the next step of soliciting bids from developers tentatively expected to begin by the end of next year.
    [Show full text]
  • Edison Properties Adopts New Security Standard Lenels2tm Netboxtm Access Control System Open API Enables Custom Integrations
    case study Edison Properties Adopts New Security Standard LenelS2TM NetBoxTM access control system open API enables custom integrations Summary Organization Edison Properties Location Newark, New Jersey, United States Industry Real Estate / Property Management Systems Integrator Commercial Technology Contractors, Inc. Challenge Challenge Edison Properties, based in Newark, New Jersey, is a real estate holding and n Transition enterprise to a more development firm whose humble beginnings have blossomed into major modern security system real estate success. Starting with a well-placed, and ultimately very fruitful, n Customize system to suit needs of parking lot adjacent to Newark Penn Station, the company has expanded well diverse properties beyond its parking roots to include brands and properties such as Manhattan Mini Storage, Hippodrome, The Ludlow, Workspace, Ironside Newark – and Solution the original brand: Edison ParkFast. n Adopted LenelS2 as new security Edison Properties’ legacy security system was expensive to maintain and system standard challenging to integrate with third-party systems. As a company with myriad n Leveraged open API to address brands and properties, Edison Properties required a flexible security system site-specific requirements that could meet diverse needs. “We needed a system that was easier to use, more cost-effective and flexible enough to interface with various other systems,” says Ariel Shamai, EVP, Chief Information Technology and Marketing Results Officer, Edison Properties. n Reduced costs, improved usability n Provided brands with new tools to enhance business operations Solution When Edison Properties began its largest and most recent project – the adaptive reuse of a 1907 warehouse in downtown Newark called Ironside – the company put out a bid for the security contract.
    [Show full text]
  • Annual Report 2019
    FY19 Annual Report Celebrating 10 Years of Community A message from the But, alas, in Hudson Square, the Holland Tunnel FY19 is simply a part of life. The BID’s hope has Annual Report Chair and the President always been to make this important regional transportation facility a background condition and not the defining characteristic of this neighborhood. In 2011 we debuted our Pedestrian Safety Managers on Varick Street, and eight years later we have expanded the program. These efforts to make Varick Street a more pleasant experience for pedestrians have resulted in a 45 percent decrease in blocked intersections and crosswalks and a 36 percent decrease in horn honks. Our efforts go beyond our crossing guard program; after our advocacy and the 2018 release Contents Page 01 Page 02 Page 14 Page 28 Liz Neumark When we began the Hudson Square BID in 2009, of a traffic study and op-ed, the BID worked A message from the Transforming Operations Hudson Square Chair no one quite knew what to make of the former with local elected officials to change the tolling scheme on the Verrazzano-Narrows Bridge (VNB) Chair and the President Perception Business Improvement Printing District: somewhere west of Soho, and Traffic and Pedestrian to eliminate the impact of “toll shopping” on local Spring Street Park Safety Management District south of the Village, with its half-full loft buildings and rush hour streets packed with cars bound for Freeman Plaza East Tree Health, Horticulture, Holland Tunnel traffic. Our advocacy led to federal Staff and Board the Holland Tunnel, the area lacked an identity action to bring two-way tolling back to the VNB.
    [Show full text]
  • Mini Manhattan Storage
    Mini manhattan storage Continue If you live in New York, the Bronx, Queens or pretty much anywhere in New York, then you understand how important it is to express yourself. The Big Apple is a bold place, and when you hit the streets, you need to be behind the wheel of something equally bold. At MINI in Manhattan, we specialize in MINI Cooper vehicles out of pure passion. We love these cars, and we just want to share this enthusiasm with our neighbors. Here's what you can expect when shopping with us. MINI Cooper Inventory When you start looking for a car, what you're really looking for are options and a lot of them. Most of the dealerships you visit will bring new, used and certified owned vehicles, as well as a number of parts and accessories. However, few brands are open to upgrades and customization as MINI. From 2-Door Hardtop to the largest Countryman or Clubman, each MINI comes with not only a variety of trim levels, but tons of customization opportunities, too. At MINI in Manhattan, we always encourage our customers to make their MINI entirely their own. You can do it in person in our showroom, but it may be more convenient to visit our online customization page. With all the different combinations of colors and accessories, the possibilities are endless. View our entire MINI inventory here. MINI Cooper Service Whether you're customizing your MINI or not, you probably understand how unique these vehicles are. This means that when the time of service comes, you shouldn't entrust yours to anyone.
    [Show full text]
  • Jerome W. Gottesman Chairman, Edison Properties
    Jerome W. Gottesman Chairman, Edison Properties Jerry Gottesman has been involved in real estate operations and development in urban locations for more than 56 years. Starting with one parking lot in Newark in 1956, he is now a recognized leader in specialized segments of real estate including parking, mini-storage, office space, residential development and land entitlement. A few highlights of his 56-year career at Edison include: • Founded Edison Parking (now Edison ParkFast) in 1956, with his late brother Harold, with one surface lot in Newark, New Jersey. The company now operates 37 locations on property which it owns. • In 1978, purchased the Hippodrome Building, 1120 Avenue of the Americas, New York City, a 650,000 square foot office building which includes the 650 space Hippodrome garage. • In 1978, founded Manhattan Mini Storage, Manhattan’s first self-storage business, which now owns and operates 17 buildings comprising 2,500,000 square feet and 50,000 rooms. • In 2007, completed construction of The Ludlow, a 23-story, 243-unit rental apartment building at Ludlow Street and East Houston Street on land Edison owned and operated as a parking lot. Edison has grown steadily and conservatively since its founding and now owns over 3 million square feet of buildings in Manhattan and several million square feet of land in Manhattan, Newark, Jersey City and other major cities. Edison is a family-owned business with second generation members leading management. Jerry graduated from Hillside (NJ) High School and earned a BS degree from the United States Naval Academy, Annapolis, Maryland, in 1952.
    [Show full text]
  • TRANSPORTATION PLANNING COMMITTEE Item #: 6 January 6
    1 TRANSPORTATION PLANNING COMMITTEE Item #: 6 2 3 January 6, 2014 4 5 Deputy Inspector David Ehrenberg 6 13th Precinct 7 230 East 21st Street 8 New York, NY 10010 9 10 Re: increased enforcement - illegal trucks on West 15th Street (Sixth and Seventh Avenues) 11 12 Dear Inspector Ehrenberg: 13 14 Manhattan Community Board 4 (CB4) requests that the assistance of the NPYPD Transportation 15 Bureau, Traffic Enforcement Division, in addressing the illegal use of residential blocks in 16 Chelsea – and particularly West 15th Street between Sixth and Eighth Avenues - by trucks. We 17 request increased enforcement related to these trucks’ use of a non-truck route. 18 19 Local trucks, through trucks and cars routinely use West 15th Street between Sixth and Eighth 20 Avenues as an alternate route to 14th Street (which is the official Truck Route, to reach the west 21 side highway). It is a very residential street with a faculty residence at 120 West 15th (NYU), a 22 church at 144 West 15th Street (Church of the Latter Day Saints), a school at 145 West 15th Street 23 (the Puerto Rican Family Institute), and a church/school at 216 West 15th Street (The Nazareth 24 Nursery). Trucks are using West 15th Street, and other residential blocks in Chelsea, illegally. 25 26 In 2007 and 2008 both DOT and the Police Department worked with the Community Board to 27 address complaints from several block associations and the Chelsea Council of Block 28 Associations. The high volume of truck traffic led to street noise on these streets with low-rise 29 historical residences and higher levels of street deterioration, including busted water pipes on 30 West 15th Street and frequent street repaving.
    [Show full text]
  • The Penn Station Study Area: Trends and Opportunities
    The Penn Station Study Area: Trends and Opportunities Produced for the CB5 Penn Station Study Group May 2012 Produced by: Je!rey Aser, Michael Devlin, EmieThe Penn Eshmawy, Station Study Jonathan Area Matz1 Acknowledgments We would like to thank Community Board Five and especially the following members of the Penn Station Study Group for their guidance and support: Andreas Benzing Joseph Ferarra Michael Keane (Co-Chair) Ed Klimerman Raju Mann Kate McDonough (Co-Chair) Giuseppe Scalia We would also like to thank the following individuals and agencies: Gail Benjamin, Director of Land Use Division New York City Council Anthony Borelli, Vice President of Planning and Real Estate Edison Properties, LLC Felix Ciampa, Senior Vice President, Government A!airs Madison Square Garden Edward Goldberg, Senior Vice-President, External A!airs Macy’s Steven Kaufman, President Kaufman Organization Raju Mann, Director of Planning Municipal Arts Society Dan Pisark, Vice President 34th Street Partnership Jay Segal, Partner Greenberg Traurig Michael Slattery, Senior Vice President Real Estate Board of New York New York City Department of City Planning New York City Department of Transportation O"ce of Manhattan Borough President Scott M. Stringer Finally, thank you to Melissa Kaplan-Macey, our Capstone advisor, for all her help. 2 NYU Wagner May 2012 !e Penn Station Study Area: Trends and Opportunities The Penn Station Study Area 3 Table of Contents Introduction 5 1.0 Study Area 7 1.1 Boundaries 8 1.2 History of Study Area 9 2.0 Existing Conditions 10 2.1
    [Show full text]
  • P9 P9 GUIDE INSIDE
    MAY 25 - MAY 31, 2016 • VOL. 17 • No. 21 WASHINGTON HEIGHTS • INWOOD • HARLEM • EAST HARLEM NORTHERN MANHATTAN’S BILINGUAL NEWSPAPER EL PERIODICO BILINGUE DEL NORTE DE MANHATTAN NOW EVERY WEDNESDAY TODOS LOS MIERCOLES “We have the answers” p9 GUIDE INSIDE “Tenemos las respuestas” p9 Photo: Gregg McQueen March p10 Bounty p23 Music p8 ¡Sorprendentemente Asequible! EL NUEVO plan esencial del NY State of Health Costo es $20 al mes o menos si cualifica El Plan Esencial incluye: Beneficios Extensivos Cuidado de Prevención Gratis NO Deducibles Enlístese en cualquier momento! El Reclutamiento del Plan Esencial esta abierto TODO EL AÑO 1-855-355-5777 nystateoealth.ny.gov 2 MAY 25, 2016 • MANHATTAN TIMES • www.manhattantimesnews.com Immigration meets innovation Story and photos by Erik Cuello foreign workers in specialty occupations requiring theoretical or technical expertise uild it, and they will stay. in fi elds such as architecture, engineering, mathematics, science and medicine. B The IN2NYC initiative, launched “Once they’re in the [IN2NYC] program, earlier this year by the NYC Economic they petition [for an H-1B visa] in the Development Corporation (NYCEDC) uncapped lane versus the capped lane,” in partnership with the City University explained EDC President Torres-Springer. of New York (CUNY), aims to help And there are specifi c advantages to going international entrepreneurs access visas so the cap-exempt route. they can create jobs in the United States. There is a federal quota on capped visas The program, dubbed the International and they are typically only acquired during Innovators Initiative (IN2NYC), is considered a brief window of availability.
    [Show full text]
  • Ironside Newark 110 Edison Place Newark, New Jersey 07102 ALWAYS CONNECTED
    Ironside Newark 110 Edison Place Newark, New Jersey 07102 ALWAYS CONNECTED THE FUTURE A bold future requires bold vision At Ironside Newark, work feels like a refreshing change IS NOW of pace. From the soaring two-story atrium to the modern, loft-style office spaces, the building Ironside Newark is the central business hub for this is designed to foster innovation. Enjoy the change of already vibrant urban district. With Ironside Newark scenery from the shared roof deck and conference taking downtown to new heights, there’s never been center with inspiring views of the surrounding city a better time to envision your future in Newark. and Manhattan as your backdrop. Ground floor retail and dining serve as a convenient stop for coffee, lunch, or that relaxing evening glass of wine. Just outside, Ironside Newark is situated adjacent to Newark’s Mulberry Commons Park, a welcoming green space for all to enjoy. At seven stories with over 450,000 square feet of office and retail space, Ironside Newark’s professional amenities also include high-speed fiber optics and convenient commuter parking. Ironside Newark’s adjacency to Newark Penn Station and multiple transportation options makes it not just a convenient choice but a smart one, too. Audible NEWARK IS NJPAC NJIT Whole THE PLACE TO BE Foods Prudential Tower Rutgers You’ll be in good company with esteemed corporate neighbors like Audible, Prudential, Seton Hall and Panasonic. And with more than 60,000 faculty and university students in the area, PSE&G University Panasonic Sills Cummis & Gross there’s no shortage of talent and diversity contributing to the energy and success of NJ Transit downtown Newark.
    [Show full text]