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This Year's 40 Under 40 20120326-NEWS--0050-NAT-CCI-CN_-- 3/23/2012 6:33 PM Page 1 ® VOL. XXVIII, NO. 13 www.crainsnewyork.com MARCH 26-APRIL 1, 2012 PRICE: $3.00 HEREHERE THEYTHEY ARE!ARE! THISTHIS YEAR’SYEAR’S 4040 UNDERUNDER 4040 DoSomething.org’s ALSO INSIDE ARIA FINGER Andrew Cuomo: ‘Her energy is almost NY’s take-charge guv? contagious,’ said a fan Or control freak? of the 29-year-old It all depends on MEET THEM ALL: Pages F1-F25 where you sit Action! Film studios 13 5 running out of space ELECTRONIC EDITION A not-so-wonderful NEWSPAPER turn for stellar bank 71486 01068 0 CN015034.qxp 3/21/2012 2:19 PM Page 1 I am Indian Point. I am Theresa Motko, one of 1,200 workers at the Indian Point Energy Center who takes personal pride Theresa Motko, 33, is an in helping to provide New York City and Westchester Electrical Engineer at the with over 25 percent of our power. That power is clean, Indian Point Energy Center. it’s reliable, and it’s among the lowest cost electricity in the region. We are New Yorkers. We are your neighbors, our Lately a few people have been talking about replacing children attend the same schools, and we support Indian Point with electricity from sources yet to be many of the same causes. For example, our employer, developed. According to experts, without Indian Point Entergy, proudly supports the U.S. Chamber of air pollution would increase, our electricity costs would Commerce’s Hiring Our Heroes program, whose increase, and blackouts could occur. goal is to connect 100,000 returning veterans with job opportunities. We believe that you should have all the facts you need to make an informed decision about these ideas and about New York’s electric future. And that any plan to replace Indian Point needs to clearly answer the following questions: Will it decrease electric reliability? Will it add pollution to our air? Will it increase our electric rates? Visit our website, www.rightfornewyork.com, to see for yourself what we do and how we do it. Indian Point Energy Center WE’RE RIGHT FOR NEW YORK nb13p01.qxp 3/23/2012 8:50 PM Page 1 INSIDE 40 TOP STORIES UNDER 40 Read all about them ® PAGES F1-F25 VOL. XXVIII, NO. 13 WWW.CRAINSNEWYORK.COM MARCH 26-APRIL 1, 2012 PRICE: $3.00 LARGE AND IN CHARGE: Observers describe an NY studios intense management style unlike anything New York has ever seen. casting for extra Sweet project in danger of a space total meltdown PAGE 2 A record number of More red ink TV, film productions on the books at keep stages booked as Reader’s Digest pilot season heats up PAGE 2 Bank in the tank: BY MIRIAM KREININ SOUCCAR Bad bet on rates With a record number of film and tel- evision productions coming to New sinks Hudson City York, and another unusually busy pilot PAGE 3 season, the city’s soundstages are over- flowing with work. To keep up with the boom—which Really dumb move, started when the state renewed its 30% Upper West Side tax credit for film production a year GREG DAVID, PAGE 11 and a half ago—studios are racing to expand both their physical plants and their ancillary businesses, like lighting rental services. Executives at Long Island City, Queens-based Silvercup Studios are scouring the entire city for more spaces that are large enough for soundstages. See STUDIOS on Page 42 Wanted: BUSINESS IVES L newscom a few huge GOTHAM GIGS Hip-hop photograher keeps it real P. 47 tenants ● ANNE FISHER How to shield your business from cybercrooks P. 47 Developers hunt for ● MOVERS & SHAKERS THE BOSS that special someone Times Square BID’s to get projects going Tim Tompkins P. 48 Nothing gets done in this state without his ● GAEL GREENE Chef goes back to his roots P. 49 say. It’s the Cuomo school of management BY THERESA AGOVINO It’s a very exclusive club, with about 12 INDEX the bathroom without him giving the go-ahead.” huge, closely watched, highly coveted BY JEREMY SMERD AND DANIEL MASSEY Mr. Cuomo is not the first executive to involve corporate members.Each has the pow- NEIGHBORHOOD JOURNAL _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _7 himself in the minutiae of state operations. But in er to have a potentially major impact on THE INSIDER _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _8 During a radio interview last fall, Gov. Andrew dozens of interviews,people inside or close to his ad- the city’s skyline for years to come. Cuomo proclaimed,“I am the government.”He did- ministration portrayed an intense, micromanaging They are the kingmakers, mega- SMALL BUSINESS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _9 n’t mean to brag. But to those familiar with the in- style that has kept his agencies almost perfectly in tenants such as Credit Suisse, L’Oréal VIEWPOINT _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _10 ner workings of the Cuomo administration,his quip lockstep with his agenda. It has impressed longtime and Viacom. Each faces a major lease REAL ESTATE DEALS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _12 was simply a declaration of fact. observers of Albany but also frustrated some state expiration in the coming years that CLASSIFIEDS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _40 “He is so unbelievably involved in almost every- officials accustomed to more autonomy,sources said. gives it the power to transform build- HOT JOBS _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _47 thing,” said an Albany insider of Mr. Cuomo. “On To carry out an agenda that includes making the ing plans into concrete and glass by EXECUTIVE MOVES _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _47 one level, it’s very impressive because he’s a machine state more welcoming to business, Mr. Cuomo de- agreeing to become a tenant. With the THE WEEK AHEAD _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _49 in the way he works. But it’s also completely para- pends on a handful of trusted advisers ensconced in real estate industry keen to shake off its lyzing and debilitating because [agencies] can’t go to See CUOMO on Page 42 See WANTED on Page 44 20120326-NEWS--0002,0003-NAT-CCI-CN_-- 3/23/2012 7:50 PM Page 1 COMMENTARY SWEET PROJECT He changed the times nsane hair, jeans, white shirt, boots and black jacket: The image goes back to 1965, but could be that of a hipster in 2012.” So begins LATE BLOOMER: a story in the latest French Elle,declaring this Eight years after the site was purchased, a Bob Dylan Spring. Even granted his near- work has yet to begin. Iconstant touring in recent years (he’ll be in South America in April), it is an unusually busy season for both the Minnesota-bred singer, who turns 71 in May, and his American music fans. broadly accessi- Chimes of Free- ble and earning dom—a four-CD the moniker of set of 50 covers of hip-hop’s Elvis, Dylan songs by a was really its Dy- wildly eclectic lan, doing his group of per- verbal trapeze act formers (from with the greatest the obvious, Patti of ease. Smith and John- But since ny Cash, to the MICHAEL then, vapid and odd,Miley Cyrus GROSS formulaic pop, and Ke$ha), re- often pretty leased to mark (Adele) but the 50th anniversary of the rarely profound (Amy Wine- founding of Amnesty Inter- house), has poured from national—is, as I write, No. radios, and when my wife 22 on the Amazon charts complains about my Dylan, (and No. 1 in oldies). “Bob Stones and Dr. Dre-stuffed Dylan,L’Explosion Rock 61- playlists and demands some- 66,” an exhibit of Dylan pho- thing new, I have two words tographs and memorabilia for her: “Katy Perry?” created by the Grammy Mu- Siriusly? seum in Los Angeles, opened Which brings me back to buck ennis a few days ago at the Cité de 1965, and why this Dylan la Musique in Paris.
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