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TOP STORIES REPORT LimeWire joins TRAVEL WOES party, starts online 34 tips for music store a smooth takeoff PAGE 2 from NY airports ® TV networks pray PAGE 19 for viewers as new season starts VOL. XXIII, NO. 38 WWW.NEWYORKBUSINESS.COM SEPTEMBER 17-23, 2007 PRICE: $3.00 PAGE 3 Rough start for WNBC’s 7 p.m. news; Plaza gets Credit-crisis trainer to the stars , NEW YORK, P. 6 firings spread End the unfair cable TV monopoly; grant Verizon on Wall St. a franchise now EDITORIAL, PAGE 12 Ousters mount as The Hsu list: investment banks’ NY politicians who revenues erode; got money from 10,000 jobs at risk disgraced exec THE INSIDER, PAGE 14 BY AARON ELSTEIN

two monthsinto the credit crunch BUSINESS LIVES of 2007, a barrage of pink slips is THAT’S THE TICKET appearing on Wall Street as the cri- STEPHEN FREEDMAN sis spreads from mortgage-related How to land seats for units into mainstream businesses some of Broadway’s wants to fatten Fordham’s PAGE 39 endowment for academic such as mergers and debt offerings. lindström bekka hottest shows positions so the university Only weeks after financial-sec- can remain competitive. tor employment in the city hit lev- executive search firm that special- els not seen since the technology- izes in financial services. stock bubble, investment banks Lehman Brothers is leading the have switched into firing mode and retreat. Last month, it closed its have halted most job searches. subprime mortgage unit—Califor- Bankers in structured finance and nia-based BNC Mortgage—and larry ford mortgages will be hit the hardest: laid off more than 2,000 employ- RECRUITING WARS A third of all staffers could be ees,most of whom were based out- sacked in coming months as secu- side of the city. Bear Stearns has rities firms pare expenses to match eliminated 240 mortgage-related AT DEADLINE the rapid decline in revenues. posts,and CIT Group recently said “The question is,who is not lay- it would cut 550 such positions. BROADWAY STARS ARE HOSTING NYC colleges ing off people?” says Gustavo Job losses are beginning to show A SHOW for presidential Dolfino, president of The White- up locally as well. In August, Roy- hopeful at the Rock Group, a -based See CREDIT on Page 9 New Amsterdam Theater on Sept. 24 to raise funds for the on hiring spree Obama for America campaign. Seats will cost Increase in full-time After years of increased student $250 to $2,300. Phylicia enrollment, private and public uni- Immigrant workers, Rashad, Jeffrey Wright, faculty follows boom versities are finally playing catch-up Marcia Gay Harden and and aggressively recruiting academ- Kristin Johnson will be in student enrollment; ics to reduce classroom sizes,replace firms feel feds’ heat performing, among others. poaching prevalent part-time professors and attract top-tier students. Employment THREE BROOKLYN NEIGHBOR- growth in private educational serv- Pursuit of those ancies. But they lost their jobs only HOODS have seen a dramatic BY SAMANTHA MARSHALL ices has grown 45% in New York after the government began push- slowdown in housing sales state from 1990 to 2005, according without valid ID may ing proposed rules requiring em- because of tighter lending the economy is cratering and the to the U.S. Bureau of Labor Statis- lead to mass firings ployers to fire workers who cannot standards. Sales volume in Wall Street job boom is turning tics. At the same time, the number prove that they have legitimate So- Bedford-Stuyvesant, East New into a bust, but college professors of higher-education workers in- cial Security numbers. York and Brownsville—areas aren’t feeling the pain. Hiring in creased by about 30,000 to 90,000. BY LISA FICKENSCHER “It appears to us that Aramark where subprime loans are prev- ’s exploding educa- “We’ve gone from a buyer’s is starting to implement policies alent—declined about 50% in tion sector is at an all-time high. market to a seller’s market,” says last month, Aramark suspended based on these proposed rules,” a recent six-month period, Abe Lachman, president of the more than 60 Latino workers at says Bill Granfield, president of according to Sam Heskel, JOBS Struggling record labels seek Commission on Independent Col- The Meadowlands sports com- Local 100, which represents the See AT DEADLINE on Page 2 techies to transform business Page2 leges and Universities.“There’s been plex, where the $11.6 billion com- suspended workers. a sizable step-up of full-time facul- pany provides food service. Many are concerned ty in all sectors.” The employees’ Social Se- that the crackdown on il- The college hiring trend is curity numbers had been 500K legal immigration could 38 UNDOCUMENTED nationwide, but New York City, flagged in letters to Ara- force companies to fire 5 IMMIGRANTS in which has become the top destina- mark from the Social Se- NYC, according tens of thousands of un- tion in the country for students curity Administration be- to city data documented workers in around the nation, is seeing the cause they didn’t match New York, with the ELECTRONIC EDITION sharpest growth. those in agency’s records. biggest turmoil likely in tradition- Raiding from universities in The workers had been warned ally immigrant-heavy sectors such NEWSPAPER See NYC COLLEGES on Page 8nearly a year ago about the discrep- See IMMIGRANTS on Page 10 71486 01068 0 CNYB 09-17-07 A 2 9/14/2007 7:09 PM Page 1

AT DEADLINE

Continued from Page 1 MANHATTAN-BASED VOODOOVOX founder and executive vice RAISED $8.1 MILLION in venture president of HMS Associates, capital. Softbank Capital led the an appraisal firm. Mr. Heskel round of financing, which examined the sales data at the included previous investors request of Crain’s New York Apax Partners, Disney’s Business. Higher-income Steamboat Ventures and Village Brooklyn neighborhoods saw Ventures.The company has robust sales. developed technology that inserts advertising into audio CONSOLIDATED EDISON’S content that can be used during RESIDENTIAL CUSTOMERS would high volume calls such as pay 9.3% more every month customer-service hotlines. under the rate structure proposed by the state Public THE BATTLE TO CONTROL Service Commission’s staff. BASEBALL-CARD MAKER Topps The proposed increase Co. should finally be represents just over half of the determined on Wednesday. 17% hike Con Ed had sought That’s when shareholders will for residential service, according vote on whether to accept a to an analysis of the PSC report $383 million takeover bid from conducted this week by Con Ed. a private equity group led by former Disney CEO Michael GENERAL GROWTH PROPERTIES, Eisner.Topps postponed the A CHICAGO-BASED real estate vote in late August because, it GEORGE SEARLE’S developer that operates Pier 17 admitted, the deal lacked LimeWire will take on at South Street Seaport, signed shareholder support. It isn’t iTunes with its new site. a lease with the city to take over clear that many investors have

the fish stalls at the former changed their minds since. buck ennis Fulton Fish Market on South Institutional Shareholder Street.The 20,000-square-foot Services continues to space has been empty for two recommend investors vote years, since the market moved to against the Eisner offer. If the the Bronx. A spokeswoman for deal is voted down, a group of General Growth declined to say dissident shareholders has LimeWire plays nice what the company plans to do vowed to oust Topps with the space. management. File-swapper plans to start paid online music store THE NEW YORK GIANTS AND JETS -BASED BLOOMSBURY HAVE SOLD OUT AUCTION HOUSE, the largest of the highest- BY AMANDA FUNG tier luxury suites in their new auction house for rare books, is joint stadium for $1 million a opening its first U.S. location year, according to a team this month at 6 W. 48th St.The for seven years, LimeWire has developed a reputation on college campuses as the online spokeswoman.There were only inaugural auction, featuring a service to use to get a free copy of the latest Justin Timberlake hit song. “a handful” of suites available at collection of books from the Despite the recording industry’s successful efforts to shut down similar file-sharing services, the million-dollar level. The 15th to 20th centuries, will take the Manhattan-based company has conducted business as usual, becoming the largest file- New Meadowlands football place on Sept. 26. It will include stadium project, scheduled for one of only 48 surviving copies swapping site in the country. completion in 2010, is expected of The Kelmscott Chaucer, a book But LimeWire is changing its tune. While it continues to slug it out in court with the to cost about $1.7 billion and from the 19th century expected recording industry over copyright infringement charges, it has decided to take on Apple I include about 150 luxury boxes. to sell for more than $100,000. iTunes. It announced plans to launch an online music store, where single songs and monthly subscriptions will be sold. “We are uniquely positioned to help monetize content with our vast THIS WEEK IN CRAIN’S See LIMEWIRE on Page 8

ALAIR TOWNSEND ------13

THE INSIDER------14

WEEK IN REVIEW ------Floundering music labels 16 EXECUTIVE TRAVEL ing digital media platforms that can servers say. REPORT------19 Companies dumping generate real revenue, as they show “The digital side of the recording old hands to bring in the Luddites the door. business is taking a much bigger REAL ESTATE DEALS------27 “This is the year that the labels share of budgets and attention,”says 41 NEIGHBORHOOD digital media experts; have finally figured out that tech- Paul Verna, an analyst at eMar- transforming industry nology will once again be their sav- keter.com. JOURNAL------28 ior,”says Aram Sinnreich, Overall, there’s been managing partner at new RECRUITING more attrition in the in- SMALL BUSINESS ------29 BY SAMANTHA MARSHALL media consulting firm WARS dustry than hiring. In THE WEEKS AHEAD ------30 Radar Research. “They May, Warner Music a hiring spree may seem out of need to not only fill a few Group began staggered CLASSIFIEDS ------34 place in an industry plagued with positions but undergo layoffs of about 400 peo- plunging album sales, deep budget some fairly radical shifts.” ple as it reconfigures itself into a BUSINESS LIVES------39 cuts and shrinking profit margins. Even EMI Music, which is un- more digital business, according to CORPORATE LADDER------41 But even as long-suffering record dergoing major restructuring fol- reports.EMI,Sony/BMG and Uni- companies lay off the old guard, lowing parent company EMI versal’s Def Jam have fired dozens EXECUTIVE MOVES------41 43 they’re bulking up with digital ex- Group’s $4.8 billion takeover by more between them. BOB LAPE ------43 pertise. private equity firm Terra Firma, is With album sales continuing to still in hiring mode when it comes Competition for same tech heads vol. xxiii, no. 38, september 17, 2007—Crain’s New York Business (issn 8756-789x) is pub- lished weekly by Crain Communications Inc., 711 Third Ave., New York, NY 10017. Period- slide—down 15% for the six months to digital positions, according to but even as they downsize in icals postage paid at New York, N.Y. and additional mailing offices. Postmaster: Send address ended July 1, according to Nielsen sources close to the company. Eric some areas, finding and retaining changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Avenue, , MI 48207-2912. for subscriber service: Call (888) 909-9111. Fax (313) 446-6777.$3.00 a SoundScan—labels are desperate to Nicoli, EMI’s chairman, was forced tech-savvy talent will be tough for copy, $59.79 one year, $109.79 two years. (GST No. 13676-0444-RT) ©Entire contents bring in new blood and fresh ideas. to step down last month—in part record companies competing with copyright 2007 by Crain Communications Inc. All rights reserved. The majors are creating whole divi- because he was technologically be- other businesses for the same heads. sions of employees focused on find- hind the curve, some industry ob- There’s a glut of tech vacancies in

2 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 3 9/14/2007 7:18 PM Page 1 Touting fall TV Firms uary, but pressure is on to awaiting Networks trot out perform in September. shows, gimmicks in The new comedy Back to You, with Kelsey Grammer frantic bid for viewers; and Patricia Heaton, has payment some ad buyers yawn garnered early kudos, though insiders warn that sitcom stars rarely repeat Subcontractors say BY MATTHEW FLAMM their successes. Since cop show K-Ville is the only Williams owes them cbs is putting billboards in other scripted program for Harlem work Laundromats. NBC has been of- making its debut, Fox exec- fering free downloads of dramas utives say they can focus on that won’t premiere until next promoting both new series. BY THERESA AGOVINO week. ABC screened Pushing Dai- In last place among the sies, a comedy about a man who big four with total viewers a prominent minority business wakes the dead, at the Hollywood and with key audiences, owner who is also a member of the Forever Cemetery. And Fox has NBC had so little confi- City Planning Commission has streamed whole episodes of new dence in its new shows failed to pay her construction sub- shows online. that it replaced entertain- contractors, which they say is caus- To paraphrase Crazy Eddie, ment chief Kevin Reilly ing havoc in their own companies. the broadcasters are going … in- with producer Ben Silver- At least five subcontractors em- saaaaane! And for good reason: man in May,just months af- ployed by the construction compa- They don’t want a repeat of last sea- COP ROCK, THE SEQUEL? The CBS musical drama Viva Laughlin is a risky switch from its hit procedurals. ter renewing Mr. Reilly’s ny owned by son, when—with the exception of contract. Dolly Williams Fox—the networks saw the bottom The network faces an say she owes fall out and audiences disappear in David Poltrack, chief research offi- work’s tried-and-true procedurals; uphill climb, but at least it will have them amounts the second half. cer at CBS. “We’re dependent on it also brings back memories of 30 episodes of Heroes, up from 23. ranging from Competition from cable televi- that success to carry us through the ABC’s famous musical flop Cop Last season, the hit series went on a $150,000 to sion and an explosion of other me- year.” Rock. Upcoming reality show Kid six-week hiatus and lost momen- $2.3 million for dia choices are contributing to ero- CBS,which came in first among Nation has been mired in contro- tum. Among its new shows, only work done on sion of the broadcast audience. versy over the treatment of its all- Bionic Woman rated a mention with an East Harlem

Last year, the four networks’ child cast. media buyers. mall being de- buck ennis coveted prime-time audience of ‘Ironically, the On the upside, some media veloped by Blu- DOLLY WILLIAMS 18- to 49-year-olds shrank by 5%. buyers think that the new drama The CW tries take two menfeld Devel- This summer,ratings for that group most anticipated Cane, starring Jimmy Smits, could newcomer The CW, the netlet opment Group fell 12%. be a crossover hit with Hispanic jointly owned by CBS and Time and Forest City Ratner Cos. program will be viewers. Warner, got off to a weak start in its “I don’t know how much longer I Little excitement Insiders put ABC—last year’s first year. It’s returning with a show can hang on,” says Michael DiTore, adding to the anxiety as pre- on PBS’ third-place network among 18- to eagerly awaited by younger viewers, a vice president at Daurio & Russo miere week approaches is the fact 49-year-olds—in a stronger posi- Gossip Girl. & Sons, who says his company is that media buyers have not been tion amid high expectations for Despite the networks’ efforts to owed $2.3 million. overly impressed with the net- Grey’s Anatomy spinoff Private impress, the new lineups have me- A spokesman for Forest City says works’ new lineups. Like charac- Practice. Pushing Daisies is also get- dia buyers yawning. Ms. Williams was given a $27 mil- ters in a sci-fi drama, the networks total viewers during prime time last ting good buzz. “Ironically, the most anticipated lion contract late last year for deep get to wake up every fall and start year—but second among 18- to 49- With a lighter schedule of post- program of the fall season will be on excavation work at the site. He says over. But if they are to reverse their year-olds—is placing some of the season baseball on its agenda, Fox PBS, and that is Ken Burns’ The that after a couple of months it be- prime-time slide, the new lineups riskiest bets as hits like CSI and can finally focus on a full fall line- War,” says John Rash, director of came clear that she couldn’t handle must catch on. Survivor show signs of age. up.The network dominates the rat- media negotiations at ad agency such work, so she was reassigned to “It’s more critical this year to re- New musical drama Viva ings among 18- to 49-year-olds Campbell Mithun, referring to the clear a shallow portion of the site. ally have success in the fall,” says Laughlin is a big leap from the net- once American Idol kicks off in Jan- See NETWORKS on Page 8 However,she was removed from the job in April after failing to do that task properly, says the spokesman. He says that a third of the work Ms. Williams’ company completed needed to be redone. seek out techie help Ms. Williams says in a statement that poor work by Mr. DiTore’s company contributed to her removal New York across industries, with phone providers pushing mobile digital device addict from the job. Mr. DiTore denies the the number of jobs in the sector ap- music downloads, and iPods being and president of Island claim. Ms. Williams also says the proaching 47,000, the peak level carried in most pockets, the need Records Urban Music, subcontractors are exaggerating the before the dot-com bubble burst in to embrace new ways of selling a division of Universal’s amounts they are owed. 2000. Employment in the sector music has taken on greater urgency Island Def Jam Music Vincent Capazzi, president of jumped 12% compared with last than ever. Group. KJC Waterproofing, says Ms. year (Crain’s, Aug. 13). Labels will Warner Music Williams owes him $650,000. He have trouble coming up with Long way to go Group, meanwhile, re- has called Forest City as well as salaries big enough to attract top no single major stands out for do- cently formed a new di- Tishman Construction Corp. of talent when their budgets are shriv- ing a stellar job, analysts say, but vision, Den of Thieves, New York, the project’s construc- eling. Universal Music Group has ar- to produce original pro- tion manager,seeking payment.Mr. “The options in the current guably been one of the most aggres- gramming for broad- Capazzi says both have told him economy are so strong, it’s become sive in recruiting. In July, Univer- band and mobile plat- they can’t pay him because of the especially hard to attract superstar sal’s distribution arm added three forms as well as network money they had to spend fixing Ms. executives who can really change executives to its team.A global dig- and cable television. Williams’ mistakes. the game,” says Paul Resnikoff, ed- ital initiatives division, which The music giant also JOHN ESP0SITO of “It is tough to keep afloat right Warner Music’s WEA itor of Digital Music News. launched in January, has hired four consolidated its tradi- Corp. Warner now,” says Mr. Capazzi. Labels have little choice but to new executives since May. Smaller tional and digital sales doubled staff on the Spokesmen for Forest City and try. While traditional album sales labels and imprints within UMG force under WEA digital side. Blumenfeld declined to comment

are down, digital sales of individ- are also in recruitment mode for the Corp., its sales and dis- buck ennis on the subcontractor’s plight. A ual tracks are up almost 50% for right kind of talent. tribution arm, and dou- Tishman spokesman says the com- the first six months of this year, ac- “I’m always looking to hire kids bled the number of staffers on the commercial opportunity is,” says pany isn’t contractually obligated to cording to SoundScan. With who know the digital space and re- digital side, a move set in motion John Esposito, president of WEA. pay the subcontractors. Amazon and Wal-Mart entering ally get how music is consumed four years ago.“We need people who the digital sales game, wireless these days,” says Jermaine Dupri, a understand every aspect of where a COMMENTS? [email protected] COMMENTS? [email protected]

September 17, 2007 | Crain’s New York Business | 3 CNYB 09-17-07 A 4 9/14/2007 7:36 PM Page 1

IN THE MARKETS HIGHLIGHTS REEL Aéropostale woes make +0.81% The stock cheap, attractive Bloomberg/ Crain’s New York Index half, the second half matters more. The graphic T-shirts, and its jeans sell for rose 0.81% Teen-clothing retailer back-to-school and Christmas seasons about $25 per pair. Those low prices will to end the positioned to bounce generate nearly two-thirds of the compa- become key if consumer confidence con- week at ny’s annual revenue. tinues to wane. 368. The back in second half For the full year, ana- In the current S&P 500 ➡ lysts expect the com- housing slowdown, Index rose pany to earn $1.58 a some consumers are 2.1%, BY ELISABETH BUTLER CORDOVA share on sales of $1.6 reducing their spend- closing at billion. Last year, the ing quicker than oth- 1484. nlike the teenagers who firm earned $1.98 a ers, wrote Jeff Sonnek, shop in its stores, Manhat- share on sales of $1.4 a Friedman Billings tan-based retailer Aéro- billion. Ramsey Group ana- postale was ready for school Growing pains are lyst, in a research note RISERS to start this month. part of the reason that last week. Teen retail- After reaching a record high of $31.88 earnings are expected ers are the last to feel 5-DAY 1-MONTH 3-MONTH CLOSING U % CHANGE % CHANGE % CHANGE PRICE a share in May,the stock plummeted 42% to be lower this year. the crunch, he wrote. this summer as same-store sales fell in Aéropostale, which Aéropostale could $59.50 Lehman Brothers +12.4%+10.9% -24.5% July and the company lowered its third- operates 792 mall- also pick up some ex- Bear Stearns +11.2%+10.6% -21.7% $117.19 quarter earnings estimate in August. based stores, is ex- tra business this fall as Blackstone Group +11.1%-2.7% n/a $23.92 But investors who want to move to the panding quickly. In major department head of the class should consider invest- the last year, it opened stores such as Macy’s CIT Group +7.5%+12.5% -34.1% $38.33 ing in Aéropostale while its stock is 66 new shops. Market cap $1.5 billion move upscale. Kimco Realty +7.1%+15.1% +2.9% $43.50 cheap.The company has freshened up its An improved col- Profit margin (ttm) 8% Investors should fashion and tightened its inventory levels lection should gener- Return on equity (ttm) 39% also take note of Aéro- SINKERS for better margins. Because it sells lower- ate better sales for the postale’s financial 5-DAY 1-MONTH 3-MONTH CLOSING priced clothes, the retailer is better posi- all-important holiday health. The company % CHANGE % CHANGE % CHANGE PRICE tioned than other apparel chains to with- season. “We like the has $164.5 million in Steven Madden -16.7%-25.0%-42.2% $18.76 stand a softening in the economy and a balance of trend-appropriate merchan- cash and cash equivalents and no long- Forest Labs -6.7%-7.2%-23.2% $37.06 downturn in consumer spending. dise and the more vivid color palette,” term debt. Plus, the stock price is a bar- For the first six months of the year, notes Ann Poole, a Nollenberger Capital gain, with a trailing 12-month price-to- Interpublic Group -5.4%-9.8%-11.1% $10.15 sales increased 13% to $587 million,com- Partners analyst who rates the stock a earnings ratio of 12.8. Abercrombie & Sterling Bancorp -5.2%+2.1%-10.1% $13.96 pared with the same period in 2006, and “buy.” Fitch and American Eagle Outfitters Children’s Place -4.7%-16.7%-52.0% $25.85 earnings per share jumped 71% to 36 Aéropostale’s products are attractively trade at 16.6 and 14.1, respectively. n/a-Not applicable. cents. Although sales at stores open at priced for teens on a budget. The chain least a year were down 1.1% for the first recently lowered the cost of its popular COMMENTS? [email protected]

STOCKS TO WATCH by Robert Hordt New York Times hits 52-week low We are pleased to announce our appointment as as Lehman says shares are worth only $10 exclusive commercial leasing agent for THE NEWS SEEMS to be all bad these days for New York Times investors. The company reported last week that advertising in the unit that includes and The Globe was down 4.3% in August. Shares hit a 52-week low last week. If that wasn’t bad enough, analysts at a mixed-use development located at the Lehman Brothers believe there is still plenty of downside risk to newspaper new Fairfield, CT Metro North train station, company shares. They say NYT is consisting of worth $10, about half its current price. Thousands of fans were on hand last week in Manhattan to cheer on Martha Stewart as she launched her line of private-label merchandise designed 875,000 SF of Class-A office space exclusively for Macy’s. Investors, on the other hand, have little to cheer about. to be a LEED-Certified newly constructed office project The outlook for home furnishings is as dismal as that for the slumping housing market. Shares of Martha Stewart Living Omnimedia hit a 52-week low last For leasing inquiries contact: week and are off 46% this year. Steve Baker Paul Kauffman In a bit of irony, shares of ImClone Systems were soaring as shares of Gregory Frisoli Edward Weiss Ms. Stewart’s company were hitting 203.326.5800 new lows. Ms. Stewart was convicted of obstruction during an investigation of insider trading involving ImClone. On Tuesday, the stock climbed 18% after its drug Erbitux was found to increase survival for patients with some forms of lung cancers. By week’s end, it had given up most of the gain, however. charts: lindström bekka

4 | Crain’s New York Business | September 17, 2007 Project5 9/10/07 11:50 AM Page 1

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NEW YORK,NEW YORK edited by Valerie Block Rhodes Associates is pleased to announce

PETER HALL Partner, Head of San Francisco office Fewer viewers for WNBC news show ast week, WNBC killed its 5 p.m news and launched a 7 p.m HEATHER GRAYSON Partner, New York office newscast featuring sole anchor Chuck Scarborough (right). LViewers were not impressed. ELLEN HABER In its first Monday-to-Thursday stretch, New York Nightly News at Senior Principal, New York office 7 p.m. posted a 1.1 rating among 25- to 54-year-olds—a decline of 31% from the same period a year ago, when entertainment program KARA SUGIMOTO Extra filled the half-hour. Senior Principal, San Francisco office Extra, which moved to the 5 p.m. slot—replacing Live at 5— Please join us in congratulating the above additions suffered a 33% drop to a 0.6 rating, according to Nielsen Media and promotions to our Real Estate practice. Research. WNBC declined to comment, but one station insider blamed the Sept. 11 anniversary and the Jewish holidays for the Steven Littman, Jane Lyons and David Thalhamer dismal results. Channels 2 and 5 also saw double-digit declines in For more information, please visit our new website those time periods, though the decreases were not as drastic. www.rhodesassociates.com Media buyers caution that it’s too early to judge WNBC’s maneuvers. “You had good weather, and you had the holidays,” New York • San Francisco says Rich Golden, executive vice president at HN Media & Ranked 16th Largest Executive Search Firm in the U.S.* Marketing. “Habits have not yet been formed.” landov * 2007, Hunt-Scanlon Star-studded global trendsetters in their 20s— Terrace will carry six pages of ads Jewelry designer’s Plaza pool from Mercedes-Benz in a photo- chance to shine heavy 100-page launch issue. when the plaza reopens next “The idea is to establish a for two decades, Phyllis Bergman year, residents may spot celebrities partnership with our advertisers,” has designed wedding and in the pool. Radu Teodorescu says Claude Grunitzky, founder and engagement rings for some of the (below), trainer to stars like Jennifer editor in chief. Trace’s marketing country’s top jewelers, from Warren Lopez, inked a recent deal to move division specializes in events that Buffet’s Borsheim’s chain to Kay his Radu Physical Culture fitness put advertisers in touch with Jewelers and Fortunoff. center to the remodeled landmark. influencers and early adopters. But the president of Mr.Teodorescu, who plays Pushing its C-class sedan, Manhattan-based Mercury Ring table tennis with Matthew Broderick Mercedes will also sponsor Corp. has never stood in the Long established when he’s not creating workout Terrace’s Web site and launch spotlight herself. Fortunoff aims to routines for Cindy Crawford,says party at a Chelsea nightspot, change that.The New York commitment construction starts this week on where the car will be parked retailer signed an exclusive deal to outside. Terrace, which will go launch Ms. Bergman’s first quarterly next year, will be sold on signature collection, “Phyllis Weiser LLP Certified Public Accountants newsstands for $9.99. Bergman Life & Love.” It will debut on Fortunoff ’s Web site next month and will be in stores More Applebee’s by November. Will she be the next on the menu David Yurman? “No designers are my to the role models,” Ms. Bergman says. New York City New York with two of the highest- 135 West 50th Street grossing Applebee’s Contributors: Elisabeth Butler Cordova, New York, NY 10020 business community Tel 212.812.7000 the duplex luxury club with Neighborhood Grill & Bar Lisa Fickenscher, Matthew Flamm swimming pool, basketball court restaurants already in its craw, the Fax 212.375.6888 For nearly a century,Weiser has provided and areas for gymnastics, ping- owner of the New York franchise accounting, tax, and consulting services, such Long Island pong, yoga and dance.The project is hungry for more. Zane Tankel, 3000 Marcus Avenue as state and local tax planning, internal audit IT CAME FROM will run about $3 million and chief executive of Apple-Metro, Lake Success, NY 11042 outsourcing, and business restructuring, OUTER SPACE Tel 516.488.1200 should be completed by February. which runs 25 of the family to private clients and business enterprises, Fax 516.488.1238 The Romanian native also had eateries in the city and points including closely-held and emerging entities, ON OCT. 28, a 28-pound chunk of time to design a smaller project north, wants to put 100 more Westchester in a variety of industries including: the famous Willamette Meteorite 660 White Plains Road this year: the gym at the Onyx Applebee’s on his plate, in New (below) will be offered for sale by Suite 430 • Real estate Chelsea condo building. Residents England and Washington, D.C. Bonhams auction house on Tarrytown, NY 10591 • Manufacturing and distribution can get evaluations from the The deals could add another Tel 914.333.0555 Madison Avenue. The American • Auto dealerships fitness guru himself, if they hurry. $150 million in revenues to the Museum of Natural History sliced Fax 914.333.0556 • Media and communication “I’m not too busy, with The Plaza $130 million Apple-Metro the chunk off New Jersey • Banking in construction,” he says. franchise. 399 Thornall Street • Food and dairy the 15.5-ton Apple-Metro hopes to buy the original rock, Edison, NJ 08837 • Health care 100 eateries when IHOP Tel 732.549.2800 • Financial services 1 advertiser fills which it has Fax 732.549.2898 completes its acquisition of on display, • Professional services Applebee’s and puts company- new magazine and traded it www.weiserLLP.com • Not-for-Profit owned stores up for sale. “We have terrace, a glossy new travel and the infrastructure to handle this,” for a half- For more information, contact Douglas Phillips at 212.375.6701. lifestyle magazine for globe- says Mr.Tankel, who recently ounce piece trotting trendsetters over the age refinanced Apple-Metro. of Mars. The of 30, will arrive on newsstands Apple-Metro will also build Willamette this week with only one advertiser. four New York City Applebee’s,in- “crown” could fetch as much as And that’s a good thing. cluding one in the coming Gateway $1.5 million at auction. A spinoff of Trace—a glossy for Center in the Bronx.

6 | Crain’s New York Business | September 17, 2007 Project4 3/1/07 5:54 PM Page 1

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GREY WORLDWIDE CNYB 09-17-07 A 8 9/14/2007 7:14 PM Page 1

NYC colleges go on hiring spree COOPERATIVE EFFORT TO MAKE THE CITY even more attractive to academics from out of town, New Continued from Page 1 The renaissance at CUNY’s biggest hurdle is housing. Often York area universities came together to form the Metro New York/Southern other states has become so prevalent John Jay College was a big draw for universities subsidize rents or give Connecticut Higher Education Recruitment Consortium in February. The that last week the University of Cal- Peter Romaniuk,a recently hired as- housing stipends to new professors, group’s Web site, www.mnyscherc.org, advertises job openings at all the ifornia, Berkeley announced a $113 sistant professor of political science making hiring that much more ex- campuses around town so that professors’ spouses, who are often also million grant for faculty endow- and an expert on global terrorism, pensive.“Housing is a huge issue for academics, can find jobs in the city. It’s one of the rare instances of ments.After suffering a series of de- who was lured away from Brown us,” says John Sexton, president of cooperation among the schools when it comes to attracting academic talent partures to New York City colleges, University. The location, in the . to the region. Berkeley is setting aside this money heart of Manhattan, was another to sweeten the pot for professors and Poaching problem keep them from leaving. another problem is retention. “The pool is not that deep, par- ‘Housing is a Once a college spends the money on academic officer, who is in charge of tion and reach well into the six fig- ticularly in specialized areas, and relocation,professors are often lured hiring, among other duties, moved ures, sources say. everybody is raiding everyone else,” huge issue for by neighboring schools with fatter here from Spokane,Wash.,six weeks But it takes more than financial says Julia Upton, R.S.M., provost of endowments. ago. His personal experience with incentives to lure academics here. St.John’s University,which hired 62 us,’ says NYU’s St. John’s, which has 62 new fac- the sticker shock of relocating to NYU is engaging in what its presi- faculty members this academic year, ulty members this year, became a New York brought home the need to dent, John Sexton, describes as almost double the number of hires John Sexton poaching victim recently. Without fatten the endowment for academic “cluster hiring” and helping high- in 2005. the endowment to match salaries positions so the university can re- profile academics in areas like math from rival schools in other states, it main competitive. One of 90 new and science put together dream CUNY is biggest recruiter couldn’t fend off a recent raid by hires this year, he plans to grow the teams for their departments. The cuny is undergoing arguably the NYU. The larger university, in ef- school’s faculty by about 20% a year. strategy is paying off. So far, NYU largest recruitment drive, with forts to increase its minority hiring, “We need to, because we’re only has hired more than 150 of 250 full- about 800 faculty hires this year. Ef- draw. “Being in New York City poached an African-American pro- going to face more recruitment time professors as part of a five-year forts to replace adjunct professors doesn’t hurt,” he says. fessor from St. John’s education de- pressure in the next five to 10 years,” hiring plan for the Faculty of Arts with full-time faculty are a big rea- But it doesn’t always help. The partment. he says. and Sciences. “The people we are son for the hiring spree. CUNY is costs of recruiting and relocating ac- “For the most part,I try not to get Universities won’t disclose salary trying to recruit understand the val- also making systemwide improve- ademics and their families are high, involved in a bidding war,” says Ms. information because they’re worried ue of being part of a webbed team ments to the academic standards of and even large schools don’t have Upton. about poaching, but particularly for with a common enterprise,” he says. its colleges and seeking higher-pro- endowments that easily cover the Stephen Freedman, Fordham’s law and business professors, pay can file professors. price tag of a move to New York.The new senior vice president and chief compare with corporate compensa- COMMENTS? [email protected]

tion and Nettwerk Productions,and expects to announce new additions LimeWire, playing nice, to sell songs online to its catalogue in the coming weeks. Even if LimeWire and the Continued from Page 2 to eMarketer, a research firm. The downloads. A lawsuit was filed relationship between the two sides. recording industry can reach a truce, and active user base,” says George company is squaring off against against the company last year, He most recently worked with the it remains to be seen how consumers Searle, LimeWire’s chief executive. Apple iTunes, which currently claiming copyright infringement. American Society of Composers, will react to the company’s plan to LimeWire software is installed dominates the industry with about LimeWire says it has imple- Authors and Publishers to develop charge for music that they have been on one out of every five personal 70% market share, and smaller mented filtering systems as well as an automatic tracking system that able to get for free. computers, according to Digital competitors including Napster, online consent notices that are de- helps artists monitor and collect The new music store, scheduled Music News. Ten million unique which began as a free file-sharing signed to prevent and discourage il- royalties. to launch as a stand-alone Web site users share files via LimeWire each site. legal swapping of music. before Christmas, and the file shar- month, says Mr. Searle. He would “LimeWire does not encourage Improving relationships ing service will be able to coexist,in- not disclose sales or profits, but Hurdles remain or condone illegal copying of mu- “he understands copyright and sists Mr.Searle.He believes the file- claims LimeWire is profitable from “it is a wise strategic move, but sic,” says Mr. Searle. “The lawsuit could facilitate a resolution outside sharing service can act as a market- healthy sales of its LimeWire Pro I am skeptical if LimeWire will be is unfortunate. I hope we will be of the courts,” says Jeff Neuburger, ing or promotional tool for music software, a premium version of its successful,” says Aram Sinnreich, a able to resolve it. LimeWire would chair of technology,media and com- sold through the store. free file-sharing service that retails managing partner of Radar Re- love to work with the record indus- munications practice group at the “We are not taking anything for an annual price of $34.95. search, a media consulting firm. try.” law firm of Thelen Reid Brown away from the consumer,” he points LimeWire is trying to tap into “Frankly, there are a lot of hurdles But the Recording Industry As- Raysman & Steiner.“He also adds out, noting that the company is the growing market of paid digital facing them.” sociation of America says it has no credibility and brings good rela- finalizing prices and ironing out the music downloads which is expect- One challenge is LimeWire’s intention of dropping the lawsuit . tionships in the music industry.” details. “We are adding to the ed to hit $7.5 billion in worldwide contentious relationship with the LimeWire hired Mr. Searle just LimeWire has reached agree- experience.” revenue in 2011 against an estimat- recording industry, which it will three months ago, and he has cre- ments to sell music from two small ed $2.8 billion this year, according have to partner with to offer music dentials that could smooth the rocky independent labels, IRIS Distribu- COMMENTS? [email protected] Networks touting fall TV lineups

Continued from Page 3 ago—that can documentary miniseries about TROLLING FOR VIEWERS be brought back World War II. The big four spruce up their prime-time schedules. in the second Even with the lackluster response half. Without to the fall shows, broadcasters took RETURNING NEW HOTTEST such programs, in $9.1 billion in upfront advertising SHOWS SHOWS PROSPECT the networks sales for the coming season, up 5% Fox 12 5 Back to You end up running from the year-earlier figure. repeats, which Now, networks are optimistic CBS 16 5 Cane are rapidly los- about holding viewing levels even ABC 12 9 Private Practice ing their appeal. with last year’s and not losing Insiders say NBC 14 4 Bionic Woman ground in the second half. the coming sea- son will be a A digital booster shot casters’ audience. gamble all around. furthermore, Mr. Poltrack of “More homes will have the abil- “There appears to be potential CBS argues that increased house- ity to rearrange the networks’sched- for a lot of upside, if shows like Viva hold penetration of digital video ule to their convenience,” Mr. Laughlin and Private Practice work,” recorders—up to 20%, from about Poltrack says. says Sam Armando, director of tel- 10% last fall—will be a good thing. But the broadcasters still need evision research at Starcom USA. He says that DVRs are used hits. That’s particularly true this “And there’s a lot of downside if they RAISED BY CANE: The new more often to record network shows fall,because there were fewer break- don’t.” drama with Jimmy Smits may than cable programs, which means out shows over the summer—like be a crossover hit for CBS. the devices will expand the broad- Dancing With the Stars two years COMMENTS? [email protected]

8 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 9 9/14/2007 2:23 PM Page 1

Credit-crisis layoffs begin on Wall Street WEB RESOURCES REAL ESTATE Continued from Page 1 the summer, with J.P. Morgan AND MORE ONLINE al Bank of Scotland sacked seven Chase and Bank of America posting New York staffers in its collateral- especially steep drops of more than 2 FINANCIAL HOT SPOTS AT CRAIN’S SITE ized debt obligation business. 50%, according to research firm SECURITIES FIRMS may be cutting back on hiring, but hedge funds and Meanwhile, the co-heads of credit Dealogic. private equity firms continue to add staffers, though the total numbers are trading at Citigroup were let go In particular, junk bond sales relatively small. amid a reorganization of the unit. practically fell off a cliff, with vol- “The management fees and the fact that investor money is locked up— Even support staffers in stable umes dropping 77% in August. sometimes for years—means these firms are less exposed to the market’s ups areas, such as information technol- That same month, issuance of sub- and downs,” says Adam Zoia, who is managing partner at recruiting firm Glocap ogy, are feeling the pinch. UBS let prime mortgage-related securities Search. go about 200 back-office employ- tumbled 92%. Another bright spot: China. Tuesday e-mail Sign up today for ees in its wealth management divi- “If you speak three words of Mandarin and two words of Cantonese and 10,000 job losses? Crain’s Real Estate Insider, a have some connection to mainland China CFOs and a financial services weekly e-mail newsletter featuring as a result, at least 10,000 Wall background, you can write your own ticket,” points out recruiter Gustavo Recruiters say the latest deals, events and per- Streeters of all stripes could lose Dolfino. “The major investment banks are going to be doing a lot of hiring in sonnel moves in one of the hot- their jobs by year’s end, according to Asia.” brokers have estimates from Manhattan recruit- test industries. To register, go to ing and consulting firm Options www.NewYorkBusiness.com/ called off most Group. signup. searches “The people who run the invest- board,”says Rik Kopelan,managing expanded their head count by an av- Breaking news E-mail alerts ment banks are taking hard looks, partner at recruiting firm Capstone erage of 17% in the past 12 months, keep you up-to-date on and if they decide a particular busi- Partnership. according to Bank of America re- developments in the local ness isn’t coming back, they won’t A spokesman at UBS says the search. Lehman and Bear Stearns real estate business as they waste time before letting people go,” bank is “carefully looking at how we both increased staff by more than says Raphael Soifer, chairman of fill currently vacant positions” and 20%. Deutsche Bank grew its staff happen. Soifer Consulting and a former se- has recently instituted “more rigor- rolls by 26%. Company alerts Visitors to sion in Weehawken, N.J., shortly curities industry analyst at Brown ous approval requirements.” After the implosion of the tech Crain’s Web site can sign up for before Labor Day, a spokesman Brothers Harriman. A Merrill spokeswoman de- bubble, Wall Street slashed 33,000 e-mail alerts that provide news confirms. Meanwhile, firms including clined to comment. jobs in the city within a year,accord- about a particular real estate The toll is likely to mount quick- UBS, Merrill Lynch, Lehman and Officials at Lehman and ing to the Securities Industry and brokerage or firm. ly. Standard & Poor’s warned re- Deutsche Bank have all greatly Deutsche Bank didn’t respond to a Financial Markets Association. Subscribe cently that investment banks’ rev- scaled back their searches for new request for comment. The extent of the cuts this time will Use the “Subscribe enues could well be halved in the employees. depend on how quickly the credit now” button to get the weekly second half of this year. “The firms we work with are Years of big gains markets can recover. print edition of Crain’s and digital Issuance of new debt instru- shutting down work and calling off the cutbacks follow years of gains subscriptions to the newspaper. ments of all sorts fell by a third over searches, and doing so across the for Wall Street. Investment banks COMMENTS? [email protected]

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September 17, 2007 | Crain’s New York Business | 9 CNYB 09-17-07 A 10 9/14/2007 2:31 PM Page 1

costly, triggering fines of up to $10,000. CONTACT INFORMATION Immigrants feel heat “In the past, getting a letter didn’t mean much of anything,”says immi- Continued from Page 1 Worker advocacy groups have gration lawyer Jeff Margolis.“There THE CRAIN’S NEW YORK as manufacturing, hospitality and their own concerns. The Chinese was no real enforcement scenario.” BUSINESS BEAT SHEET tourism. According to the latest fig- community, for example, could be That could change soon. And ures from the city, there are about hit hard, because so many immi- large businesses, like Philadelphia- half a million undocumented work- grants are believed to lack proper based Aramark, will be particularly REPORTERS THERESA AGOVINO ers living here. Social Security numbers. Wing vulnerable to enforcement actions. REPORTER AARON ELSTEIN SENIOR REPORTER e-mail: [email protected] The new rules from the Depart- Lam, executive director of the Chi- “Bigger companies are obvious e-mail: [email protected] Covers commercial real estate. ment of Homeland Security were to nese Staff and Workers’ Associa- targets when the government wants Covers Wall Street. go into effect on Sept. 14. But a fed- tion,fears that any crackdown could to make a point,” says Mr. Margolis. BARBARA BENSON eral judge in San Fran- produce unintended LISA FICKENSCHER SENIOR REPORTER REPORTER cisco suspended imple- consequences. The Aramark situation e-mail: [email protected] e-mail: [email protected] IMMIGRANTS Covers the tourism, restaurant Works on Health Pulse newsletter. mentation pending an IN NYC Mr. Lam says em- a spokeswoman for Aramark says and hotel industries. Oct. 1 hearing. ployers will simply use the company was indeed following ELISABETH BUTLER CORDOVA “It will be an eco- federal notifications as standard procedure and federal law MATTHEW FLAMM SENIOR REPORTER REPORTER nomic disaster if these an excuse to fire em- by indefinitely suspending scores of e-mail: [email protected] e-mail: [email protected] rules go into effect,”says 40% ployees they don’t like, employees at The Meadowlands Covers media and entertainment. Covers retail and apparel. OF THE POPULATION the owner of a large without giving them an and another nine working in corpo- TOM FREDRICKSON ERIK ENGQUIST food-manufacturing fa- opportunity to resolve rate cafeterias in Manhattan, who SENIOR REPORTER REPORTER cility in the city. discrepancies. were suspended earlier this year.She e-mail: [email protected] e-mail: [email protected] 45% Key to the crack- concedes,though,that the company Covers banking, energy Covers politics and government, OF THE WORKFORCE Taking immediate steps down are so-called no- had received no-match letters nine and the New York economy. works on Crain’s Insider newsletter. the executive, who Source: Mayor’s Office of Immigrant Affairs match letters from the months before it took action, a gap AMANDA FUNG says that many of his Social Security Admin- that she says is unusual for Aramark. SAMANTHA MARSHALL SENIOR REPORTER REPORTER workers lack proper documents, istration, which inform employers Industry groups that are opposed e-mail: [email protected] e-mail: [email protected] asked to remain anonymous out of of numbers that don’t correspond to the new rules—mostly represent- Covers education, and international Covers technology and telecom. fear that his company will be target- with those in the agency’s database. ing the hospitality and agricultural business and trade. ed by immigration officials. Last The letters have been sent out businesses—argue that ordinary HILARY POTKEWITZ month, he began requiring all job routinely—and just as regularly ig- American citizens will be at risk of ANNE MICHAUD SENIOR REPORTER REPORTER applicants to present official identi- nored by many employers—for losing their jobs, because the Social e-mail: [email protected] e-mail: [email protected] Covers politics and government, Covers legal issues and transportation. fication documents. years.The new rules would give em- Security database is fraught with er- works on Crain’s Insider newsletter. Given that the city’s unemploy- ployers just 90 days to fire workers rors.They also argue that widespread GALE SCOTT ment rate has hovered below 5% for who are unable to prove that they discrimination could ensue, since MIRIAM KREININ SOUCCAR REPORTER most of the year, many employers have legitimate Social Security employers may avoid hiring people SENIOR REPORTER e-mail: [email protected] worry that filling vacancies created numbers. The regulations would with foreign-sounding names. e-mail: [email protected] Covers hospitals and insurers, by the crackdown will be both diffi- make inaction a potentially criminal Covers the business of arts, culture. works on Health Pulse newsletter. cult and more expensive. offense.At the very least,it would be COMMENTS? [email protected] Twin Cities.

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10 | Crain’s New York Business | September 17, 2007 Project3 9/12/07 12:36 PM Page 1

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BLK-1001 1095 10.87x14.5 Crain's Final Availabilities.indd 2 9/11/07 4:20:41 PM CNYB 09-17-07 A 12 9/14/2007 11:28 AM Page 1

VIEWPOINT End the cable TV monopoly editor in chief Rance Crain publisher Jill R. Kaplan ne might believe that the Bloomberg their advantage as long as possible, have been adept at EDITORIAL administration, led by one of the city’s focusing attention on two minor issues. One is that Verizon editor Greg David deputy managing editors Valerie Block, most resourceful executives, would must be required to wire the entire city, as cable companies Erik Ipsen understand the value of competition. were when they first entered the market. Of course, it took assistant managing editors Carmen Fleetwood, Robert Hordt But it’s hard to square that assumption them more than a decade to do so.The second is that Ver- columnist Alair Townsend senior reporters Aaron Elstein, as the administration continues to drag izon should be required to offer the same community ben- Lisa Fickenscher, Matthew Flamm, its feet on allowing Verizon to compete efits, such as support Tom Fredrickson, Samantha Marshall, with Time Warner and Cablevision in the city’s cable TV for public-access Anne Michaud, Miriam Kreinin Souccar The cable reporters Theresa Agovino, Barbara Benson, market. It has been a year since the City Council authorized channels, as they do. Elisabeth Butler Cordova, Erik Engquist, O Amanda Fung, Hilary Potkewitz, Gale Scott the mayor’s office to negotiate an agreement and, as far as companies’ red All that sounds restaurant critic Bob Lape anyone can tell, nothing has happened. good. On the other art director Steven Krupinski herrings should deputy art directors Carolyn McClain, New Yorkers clearly want a choice. A Charney Associates hand, Verizon is Daniel Mednick staff photographer Buck Ennis poll commissioned by Crain’s New York Business found that be swept aside required to pay for copy desk chief Wendy Zuckerman 51% of cable subscribers in the city would switch if they had many services as a copy editors Michele Arboit, Thaddeus Rutkowski that option—a startling percentage. Consumers believe the phone provider that research editor Denise Southwood cable companies are gouging them on price, and they don’t neither cable company associate research editor Adrianne Pasquarelli think the service is very reliable, either. has to, now that they www.NewYorkBusiness.com The Bloomberg administration is also tilting the have entered that business. Where is the fairness in that? online editor Catherine Tymkiw online reporter Kira Bindrim competitive landscape decidedly against Verizon.Two- A year is long enough. Mayor doesn’t EDITORIAL AND ADVERTISING OFFICES thirds of those polled want cable TV, high-speed Internet participate in these decisions because he owns a television 711 Third Ave., New York, NY 10017-5806 access and phone service from a single company.Time channel that appears on cable TV. Deputy Mayor Daniel editorial: 212.210.0277 Fax 212.210.0799 advertising: 212.210.0259 Warner and Cablevision can provide those now. Verizon Doctoroff therefore has the final say. He should sweep aside Cable craincom nyk offers high-speed Internet and phone service, but it is losing the red herrings from the cable companies and move to grant Fax 212.210.0499 Entire contents ©copyright 2007 Crain customers each month as one of its key products, cable TV a franchise with minimal requirements for public benefits Communications Inc. All rights reserved. ®CityBusiness is a registered trademark of MCP service, is sidelined. and build-outs. Lower prices, better programming and Inc., used under license agreement. Cable companies, which understandably want to keep improved service will be the certain results for New Yorkers. TO SUBSCRIBE: Call 888.909.9111; fax 313.446.6777. $3.00 a copy, $59.79 one year, $109.79 two years. www.NewYorkBusiness.com

ADVERTISING AND MARKETING LETTERS TO THE EDITOR advertising director Jeff Adler business development manager Robert N. Grossman senior account manager William E. Squitieri account executives Verizon coverage one-sided Andrew Carlin, Lisa Pearly, Jennifer Siniscalchi, Brigitte Stieglitz hike on its basic TV service as a economic competitiveness (“All western account manager CABLE COMPANIES Ellen Mazen greeting to New Jersey consumers, REITs get roughed up in (Los Angeles) 323.370.2477 FAIR TO CONSUMERS sales manager, classified on the eve of offering service there. mortgage meltdown,” Sept. 3). print & online John Gallagher your recent story “New Yorkers If Crain’s really wanted to poll Some states contain newsletter product manager hail Verizon cable option” (Sept. an area where customers were significantly more economically Catherine Evans Gittens sales coordinator, print & online 10) reads more like a Verizon press captive to a single provider, it friendly environs with less Lulé Haznedari release than the kind of balanced might have focused its attention government regulation, lower tax sales coordinator Anita Perrino reporting that New Yorkers should on the local phone market, where structures, higher economic credit Pat Grondziak 313.446.6082 expect from Crain’s. Conveniently the phone company enjoyed a growth and a lower cost of doing marketing director Amy Crossman missing from the dialogue, and near-total monopoly until 2003. business. Given the possibility that marketing manager Jill H. Bottomley marketing coordinator Jenny Mashberg from your survey, is any mention Cablevision broke this hold over the will enter even a circulation manager Andrea Richardson of the two satellite companies that area consumers with the launch of mild recession, market-oriented assistant circulation manager have provided video competition Optimum Voice, which was states such as those in the South Rosalie Ford to New Yorkers for more than a recently named the best residential and Southwest with greater general manager, interactive decade. phone service in our market by J.D. economic efficiencies may fare Marc Minardo Crain’s also ignores that cable Power, and has already been em- significantly better, as will their technical producer Danny Porter companies today are delivering braced by nearly one-third of area real estate markets. NEW YORK PRODUCTION more value to consumers than any phone customers, for good reason. For example,Texas has far production and pre-press director other provider of phone, cable or jim maiella fewer land-use regulations and a Michael Corsi advertising production manager Internet service. In Cablevision’s Cablevision Systems Corp. lower cost of operating than the Marilyn DeMilta

case, our cable TV price lindström bekka state of New York. A 10% to 20% adjustments have been below the NY REAL ESTATE vacancy for a real estate project in PUBLISHED BY CRAIN COMMUNICATIONS INC. rate of inflation for the last two In just about a year of offering New York City carries greater chairman Keith E. Crain MARKET AT RISK president Rance Crain years, and the price of our award- television service in this market, fixed costs compared with Texas, secretary Merrilee Crain winning voice and high-speed the phone company has already a major factor in determining in terms of property taxes and treasurer Mary Kay Crain Internet services have remained announced at least two price the course of regional real estate maintenance expenses. executive vp, operations William Morrow unchanged since 2003. increases, including a nearly 10% markets is their respective clifford sondock senior vp, group publisher Gloria Scoby group vp, technology, circulation, manufacturing Robert C. Adams vice president/production & manufacturing David Kamis WHAT’S COMING UP IN CRAIN’S? chief information officer Paul Dalpiaz corporate circulation director Accounting Most influential Small Real Health Meetings Patrick Sheposh industry women in business estate care and conventions founder G.D. Crain Jr. (1885-1973) report NY business report report report report chairman Mrs. G.D. Crain Jr. (1911-1996) Sept. 24 Oct. 1 Oct. 8 Oct. 15 Oct. 22 Oct. 29

12 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 13 9/13/2007 6:42 PM Page 1

SL Green Realty Corp. IS PLEASED TO ANNOUNCE THE FOLLOWING LEASES AT sheer pleasure. Pavarotti is one of only three artists whose passing has affected 521 Fifth Avenue me so strongly. Like women everywhere, I fan- tasized about Fred Astaire: He was a man who could dance and enjoyed wearing a tuxedo.I was one of the le- gions who imagined myself in a glamorous long gown, floating across the dance floor in his arms. He made difficult movement look easy and did it with elegance. I sustain my affection by watch- ing his old movies and by seeing I’m Old Fashioned, New York City Bal- let’s loving tribute to him.The num- ber shows a film of him dancing with Rita Hayworth while the com- pany’s dancers, in identical dress, follow their steps.The balletomanes in the audience clap loudly at the CIRCUIT CITY STORES, INC. start, when a screen drops announc- 25,866 sq. ft. ing the salute to him,and even more passionately at the end.Fred Astaire Patrick Smith, Staubach Retail was a dancer and choreographer john h.john howard with few rivals, a fact acknowledged by George Balanchine himself. JUNIPER CONTENT CORPORATION Beverly Sills is the third artist. I 3,494 sq. ft. admired her for more than her glo- Seth Hecht/Michael Joseph, GVA Williams Eternal appeal rious singing. She reached great heights off the stage as well as on. There was a core of strength in Bev- OYAL EALTHCARE OF ONG SLAND erly that was remarkable. Serving R H L I of 3 famed artists with her on the Lincoln Center 22,368 sq. ft. board, I watched her with admira- Harry Blair, GVA Williams ’ve played luciano pavarotti’s recordings more of- tion and learned from her. I knew ten than usual since his death—disconsolate that I will her as a great raconteur, a larger- than-life personality and a prodi- ALEXANDRA & JAMES, LLC never hear him or his equal again,but thankful that there gious fundraiser. 12,232 sq. ft. are high-quality recordings. I first understood her ability to The emotional timbre of his voice, his high C’s and pick pockets for good causes in 1985, when I was still at City Hall. his exuberant smile reached out and grabbed me and almost I She was then the director of the FOR LEASING INFORMATION, PLEASE CONTACT: everyone else. He loved singing and showed it. He drew re- New York City Opera, which had David Turino, V.P. lost the costumes for dozens of op- sponses from me that lifted my bouquet up eras in a catastrophic warehouse fire. William Elder, S.V.P. no one else did,and that from the audience area. She came to City Hall to ask her 212-594-2700 sometimes amazed me. Pavarotti took it and old friend Ed Koch for help. He lis- When he took his bows walked off with his nose tened sympathetically, then ex- and waved his white silk bobbing in and out of plained that he was sorry but the city handkerchief, I waved my flowers. It was a had no money. Back and forth it back. magical moment. went. Finally she fixed him with a Once, years ago in Some years later, stony glare and announced that if he slgreen.com Washington, D.C., I when I was budget di- did not help in an hour of great need, felt compelled to do rector of New York the company never again would be something special, so I City,I met him backstage known as the New York City Opera. made a nosegay for ALAIR at the Metropolitan He capitulated. him, with three colors TOWNSEND Opera.I got a kiss and an After she left, he seemed some- of violets, paper lace autographed photo- what abashed that he had caved. doilies and long strings graph that has hung in “Ed,” I said, “it’s OK. She won it of pastel ribbon. The stage was my office ever since. I am grateful to fair and square.” strewn with flowers, mostly roses. I him for countless hours of And she had.

CRAIN’S ONLINE POLL You’re working DO YOU THINK THE FED SHOULD CUT SHORT-TERM INTEREST RATES? TWO-THIRDS OF THE 251 RESPONDENTS for change. to a Crain’s poll think the Federal Reserve 17% . Yes, rates are Is it working for you? Board should cut interest rates when it generally too Yes, the risk high meets on Tuesday. Nearly 50% cite a great of a recession THE INSTITUTE FOR NOT-FOR-PROFIT MANAGEMENT is real 49% risk of recession, while 17% think the rates . 22%. No, the move will bail out Information session: September 27, 2007 5:30-7:00pm. are just too high. On the flip side, 12% imprudent believe inflation is still a risk, while two in No, inflation investors To register or learn more: remains a .12% WWW.GSB.COLUMBIA.EDU/EXECED/INM or call 212.854.6018. nine say a rate cut will help irresponsible major risk investors.

For this week’s question: Go to www.NewYorkBusiness.com/poll to have your say.

September 17, 2007 | Crain’s New York Business | 13 CNYB 09-17-07 A 14 9/14/2007 2:09 PM Page 1

Manhattanville.The district would rezone much of West Harlem to TAINTED FUNDS protect against gentrification that Local recipients THE INSIDER might result from the university’s DISGRACED DEMOCRATIC fundraiser Norman Hsu’s ties to New 17-acre project. York politicians go far beyond Sen. , who is Insiders say that endorsements returning the $850,000 he raised for her campaigns. Records by Erik Engquist and Anne Michaud are in the offing from City indicate his campaign contributions to local candidates and Councilwoman Inez Dickens, political parties totaled $228,950 over the last three years. Assembly members Keith Wright and Gov. Eliot Spitzer topped the list with $62,000, followed Herman “Denny” Farrell, and state closely by state Attorney General Andrew Cuomo with Recchia has eye Sen. Eric Schneiderman. Also $60,100. Mr. Hsu, who is based in Manhattan, is accused of Norman Hsu jumping on board are the 125th raising money from investors for ventures he never undertook. on Fossella’s seat Street Business Improvement Beneficiaries of Mr. Hsu’s largesse have been donating the money to District, the New York Urban charity or returning it, lest they be further stained by the scandal. One ity councilman domenic League and the Abyssinian exception was the liberal New York State Working Families Party, handed Recchia, D-Brooklyn, is Development Corp. Others have $10,000 by Mr. Hsu last year. “We spent it to defeat horrendous right-wing previously backed the special seriously considering a run congresspeople like John Sweeney,” Executive Director Dan Cantor says district, including city Comptroller unapologetically. “It was a good use of the money.” C William Thompson Jr. next year for the congressional seat , Public Mr. Hsu also contributed an untold amount to nonprofits, including at Betsy Gotbaum held by Rep. Vito Fossella (left). Mr. Advocate ,Local least $15,000 to the Lower Manhattan Cultural Council. 32BJ and the Regional Plan Here are the recipients of his campaign contributions and the amounts he Recchia floated the idea last spring Association. gave, according to the state Board of Elections, the city Campaign Finance and met with House Speaker Nancy Columbia University agrees in Board and the Federal Election Commission. getty images Pelosi and Democratic concept with Mr. Stringer’s plan, Congressional Campaign Committee leaders over the summer. says a spokeswoman, though it Gov. Eliot Spitzer ------$62,000 believes some details need to be A Democratic insider says Mr. Fossella, a Republican who AG Andrew Cuomo ------$60,100 worked out. NYS Democratic Party $50,000 represents Staten Island and part of Brooklyn, is vulnerable on Mr. Stringer is expected to issue ------Sen. Hillary Clinton an opinion on Columbia’s plan, ------$20,600 several fronts. He has a six-figure campaign debt, his NYS Working Families Party $10,000 fundraising ability was crimped when Democrats took over which was rejected by the local ------community board, by the end of the City Council Speaker Christine Quinn------$4,950 Congress this year, and the Democrats’ core vote on Staten month. City Councilman John Liu ------$4,950 Rep. Kirsten Gillibrand ------$4,600 Island has climbed to about 43% declined. Rep. Anthony Weiner ------$4,250 from 27% a decade ago. Long history NYC Comptroller William Thompson ------$4,000 Like Mr. Fossella, Mr. Recchia of dirty tricks Manhattan DA Robert Morgenthau $2,000 is a Catholic Italian-American Stringer plan ------attorney with three children. His draws support a former member of Sen. Charles Mayoral candidate Fernando Ferrer ------$1,500 Brooklyn residency would be a Schumer’s team recalls a “dirty bloomberg news disadvantage, but his mother and political support is building for tricks” operation conducted at the sister live on Staten Island. Manhattan Borough President 2004 Democratic Convention in him and Mr. Spitzer, then attorney Meanwhile, city officials are The DCCC would have Scott Stringer’s proposed West Boston by Darren Dopp, the now- general, loomed as a possibility. working with the Central Labor preferred to run state Sen. Diane Harlem Special District, which he embattled aide to Gov. Eliot Spitzer. Unfounded rumors circulated at Council to estimate the number of Savino, City Councilman Michael is pushing as a condition of his At the time, Mr. Schumer was the convention that Mr. Schumer jobs to be created by PlaNYC. A McMahon or Assemblyman Michael endorsement of Columbia thought to be interested in running was trying to block Mr. Spitzer consultant’s report is expected to be Cusick against Fossella, but all three University’s new campus in for governor, and a contest between from speaking.The senator’s camp published Oct. 3. did some research and traced the rumor back, quickly and easily, to Mr. Dopp. Yankees score Mr. Dopp did not return a call on hiring goals for comment. the new york yankees say they are surpassing the 25% goal for Candidates rush local hiring in their new stadium’s to represent B’klyn community benefits agreement.To date, 30% of construction contracts potential candidates have have gone to Bronx companies, and emerged for the seat that term- half of those firms are minority- limited Councilman Simcha Felder, owned. Also, 26% of work hours D-Brooklyn, must vacate in two have been put in by Bronx years. Among them are David residents, 54% of whom have been Greenfield, executive director of the minorities. Sephardic Community Federation; Overall, minorities have done Morris Oiring, director of 43% of the work, and the stadium intergovernmental relations for project has pumped $103 million United Staffing Systems and a into the Bronx economy, a team former aide to Brooklyn Borough spokeswoman says. President Marty Markowitz; longtime Meanwhile, Bronx Borough state and city government operative President Adolfo Carrión has Joseph Lazar, now a consultant; and compiled a list of finalists for the public relations specialist Ezra job of administering grants Friedlander. promised by the Yankees in the CBA. I Weak spots in PlaNYC members of the mayor’s Sustainability Advisory Board, which met last week for an update on PlaNYC 2030, have concluded that two of the plan’s 10 major reform categories are especially vulnerable to Albany gridlock. Rewriting the city’s energy policy and making changes to brownfields

cleanup both could have difficulty ap images winning approval from the state THE NEW YANKEE STADIUM has provided Legislature. work for Bronx companies and residents.

14 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 15 9/13/2007 6:34 PM Page 1

Facebook value: Editor hired via social networking site Finds ex-colleague, Mr. Chu.“I don’t even know if I had when the site helped reel in such a YM/WREA Summer Outing 2007 his phone number.” big hire. wins Fast Company Facebook, which first became “Facebook is not set up to be a popular with high school and col- professional community,” Mr. Safi- post; not just for kids lege kids in 2004,isn’t geared toward an says. “This was a first for me.” job seeking, but it’s proving to be a Mr. Chu came to Fast Company BY ELISABETH BUTLER CORDOVA key networking tool. from Portfolio, a business magazine Mr. Chu opened a free account owned by Condé Nast. He joined forget video résumés: There’s a on the site in 2005, and more than the high-profile startup in January new job-search tool that’s helping 190 friends now link to his page.Al- as senior associate editor and ambitious job seekers catch the though he goes to Facebook most worked with the publication’s con- boss’s eye. Jeff Chu found his new sumer-product and travel sections. gig as a senior editor of Fast Compa- According to his Facebook notes, ny through Facebook. ‘There are all Mr. Chu left Portfolio on Sept. 4, While surfing through mem- soon after the departure of Jim Im- sorts of old We thank all of our sponsors and especially bers’ personal pages on the social poco—the magazine’s deputy edi- the following major sponsors for their continued support of networking site, the financial jour- tor, who had hired Mr. Chu. Media the Young Men's/Women's Real Estate Association: nalist came upon a former colleague people on reports say that Mr. Impoco clashed from his days at Time magazine. with head honcho Joanne Lipman. ABS Partners Real Estate Pershing Asset Management “Dude, what are you doing on Facebook now’ “Fast Company has a lot of poten- Alliance Building Services RFR Realty, LLC Antares Investment Partners Silverstein Properties Facebook?” Mr. Chu wrote to Rob- tial,” Mr. Chu says of his new post, SL Green Realty Corp. ert Safian,now editor in chief of Fast in which he is editing articles and Capital Properties Studley Company. feature stories in the front of the CB Richard Ellis Swig Equities, LLC In the old days, that kind of salu- magazine. “The vibe here is excel- Cushman & Wakefield The Durst Organization Davis & Gilbert LLP The Feil Organization tation might not have pleased a often for personal use, the site has lent, very upbeat.” Grubb & Ellis Tishman Speyer prospective employer. But times also helped him do research, Mr. Although Mr. Chu doesn’t ex- GVA Williams Vornado Realty Trust have changed.The contact prompt- Chu says. He once used it to inter- pect Facebook to become the next Hays Ventures, LLC W&H Properties ed a flurry of exchanges,all on Face- view college students for an article Monster.com, he says that the site is Newmark Knight Frank book, which led to a lunch meeting about Christians in fraternities. not just for students anymore. in the real world.The official job of- On the other end, Mr. Safian “There are all sorts of old people fer came through the site. joined Facebook when Fast Compa- on there now,” he notes. “I don’t think I got a regular ny ran a cover story about the site’s e-mail from him,” says 30-year-old young founders. He was surprised COMMENTS? [email protected]

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September 17, 2007 | Crain’s New York Business | 15 CNYB 09-17-07 A 16 9/14/2007 1:26 PM Page 1

WEEK IN REVIEW

Advisory Services employee, ECONOMIC SPOTLIGHT pleaded guilty to evading taxes, filing false returns and providing false testimony in the KPMG tax- shelter conspiracy. Under his plea deal, Mr. Makov will forfeit $10 million to the U.S. government. Avon names president avon products inc. named Elizabeth Smith, formerly president of the company’s North American and global marketing division, as its president. She succeeds Susan Kropf, who retired from the cosmetics and beauty products firm in July 2006. Liz sheds brands City can’t count calories liz claiborne inc. agreed to sell four of its moderately priced A FEDERAL JUDGE RULED that New York City can’t force brands to the U.S. arm of Hong fast-food restaurants to list calories on their menu boards. Kong-based Li & Fung Ltd. for The judge’s ruling, responding to a lawsuit by the NEW YORK $30 million. Emma James, Intuitions, JH Collectibles and RESTAURANT ASSOCIATION in June, said that federal law Tapemeasure have combined pre-empted the city’s regulation. However, the decision annual sales of $150 million. Economy Watch also opens the door for the city to create a mandatory rule requiring all city eateries to post calorie information on Goldman fund The New York City unemployment rate jumped in July as a large number of their menus. people began looking for work. takes a tumble bloomberg news JUNE ’07 JULY ’07 COMPARISON goldman sachs Group Inc.’s NY area inflation change +0.5% +0.2% +2.5%1 Judges lawsuit National BlueStar Corp. , a unit of Global Alpha hedge fund fell NYC unemployment rate 5.3% 5.7% 4.6%2 state-owned China National 22.5% in August, marking its JULY JOB TOTAL3 12-MONTH CHANGE a suit by four New York judges Chemical Corp.The purchase is biggest monthly decline.The against Gov. Eliot Spitzer and the Blackstone’s first deal in the fund, which has suffered losses NYC employment 3,718,400 +52,500 state Legislature seeks raises and country since a Chinese from currency and stock trades, 1-Inflation rate for the latest 12-month period. 2-U.S. unemployment rate. 3-Not seasonally seven years of back pay.The judges government fund bought into the has lost a third of its value so far adjusted. claim the increases have been U.S. private equity firm in May. this year and is down 44% from its unfairly denied even though the March 2006 peak. money has been in the state budget NYC Hotel Stats Broadway Stats each year. Judicial pay has remained EPA to seal 9/11 health site at $136,700 for nearly a decade. bank building Average room rates and occupancy Attendance and gross tumbled for the city has launched a Web site figures took a downward turn in July, Labor Day week, which ended 9/9, the environmental Protection to provide centralized information PKF Consulting data show. Aver- The League of American Theatres Time revamps Agency and the Lower on 9/11-related health issues.The ages for the first seven months of and Producers says. Levels topped Fortune, Money Manhattan Development Corp. site features monitoring and 2007 were above year-earlier levels, those for the same week in ’06, which agreed to reseal the former treatment options and studies on at $270.28 and 85.1%, respectively. were just $12.1 million and 154,700. time inc. is revamping its Deutsche Bank building because a the health impact of the attack. It struggling Business and Finance small amount of toxic dioxin also provides access to the WTC Network again by restoring the leaked from the building after last Health Registry, where individuals publisher positions at Fortune and month’s deadly blaze. can report on their long-term Money magazines and creating a health. new post to oversee Billionaire buys all print stake in Bear Dolan family and issues digital-ad joseph lewis, a British-born revenue. billionaire investor, acquired a 7% testimony began in the sexual The stake in Bear Stearns Cos. for harassment lawsuit filed by a network will be renamed the about $860 million.The move former Knicks marketing vice Fortune/Money Group. makes Mr. Lewis, who made his president, Anucha Browne fortune trading currencies, one of Sanders, against Isiah Thomas Bear’s largest shareholders. (left), the president of JetBlue names basketball operations, and president Time fights ruling Madison Square Garden Capital IQ’s Weekly Deals Report chairman James Dolan. airways corp. named its time said it will fight an She is seeking $9.6 TRANSACTION SIZE chief operating officer, Russ Indonesian court order that the million in damages … COMPANY/LOCATION (in millions) BUYER/INVESTOR TRANSACTION TYPE Chew, as its president—a new magazine pay $106 million for The Dolan family said it MyPublisher Inc. $8.9 Mousse Partners Ltd. GCI role. Mr. Chew had served as a top defaming former dictator Suharto. may sell assets, form Valhalla, N.Y. Federal Aviation Administration The Time Inc. title claimed in a partnerships or cut Deloitte Tax, n/a Thomson Corp. SB M&A official before joining JetBlue. 1999 story that Mr. Suharto and expenses to reduce property tax services business his family amassed more than $15 debt if its $10.6 Manhattan billion during his 32-year rule. million proposed buyout JOGO Media Inc. n/a Game Mediarep AG GCI Blackstone buys of Cablevision Systems Manhattan Corp. goes through. Selected deals announced during the week of Sept. 2 for companies headquartered in metro New into Chinese firm KPMG defendant York. n/a Not available. GCI: Growth capital investment represents new money invested in a com- —from staff pany for a minority stake. SB M&A: Strategic buyer M&A represents a minority or majority acqui- blackstone group paid $600 pleads guilty reports and sition of existing shares of a company without the participation of a financial buyer. million for a 20% stake in bloomberg news

bekka lindström bekka chemical company China david makov, a former Presidio reports getty images 16 | Crain’s New York Business | September 17, 2007 Project15 9/12/07 1:28 PM Page 1 Project12 9/11/07 3:09 PM Page 1

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EXECUTIVE TRAVEL INSIDE A new pact should give travelers to Europe more choice PAGE 22 Free extras are hard to find at New York hotels as demand stays high PAGE 23 Top airlines in the NY area PAGE 24 34 NY tips to ease air travel woes Insider advice on how to avoid snafus, delays before takeoff

BY CARA S. TRAGER peg samuel thought she could do it all that day in early August, starting out with a morning meeting in New York and ending with a business dinner in San Francisco. But her best-laid plans, like those of mice and men, went awry. First, a rainstorm along her flight’s route held up Ms. Samuel’s takeoff from La Guardia by one and a half hours. Hoping to make up for the delay and avoid rush-hour traffic once she got to the West Coast, she opted to take Bay Area Rapid Transit from the San Francisco airport so that she’d be on time for the restaurant reservation. She missed the train, which runs every 18 minutes, by a nanosecond. “The meeting was rescheduled and became a midnight dinner,” says Ms. Samuel, president of Manhattan-based Social Diva, a lifestyle Web site that hosts networking events in major cities in the United States and abroad. The travel travails that Ms. Samuel endured this past

summer were far from uncommon: past five years. Just 72.7% of arrivals According to experts, this summer landed on time in the first half of this went down in the annals of year, down from a high of 82.1% for history as one of the worst for on- all of 2002. time flight arrivals. The confluence A spokeswoman for the Air of factors included an antiquated air Transport Association says New traffic control system, bad weather, York’s major airfields are particular-

g u mechanical problems with aircraft ly prone to delays. Their air traffic l k e and crew shortages. control systems are strained by the av d According to the Bureau of growing number of smaller air- Transportation Statistics, flight de- craft—including corporate planes— lays have only gotten worse in the See TIPS on Page 20

DIRTY RICE: Steven Getting the bugs out of foreign trips Marcano tried to eat carefully at the airport during a delay but got over the Internet and in retail stores. lengthy customs process at the Beijing air- a meal full of bugs. Infestation, language gap In the beginning of June,Mr.Marcano was port, Mr. Marcano learned that his flight to challenge retailer in China looking forward to returning to New the United States had been can- York,having completed a hectic five- HORROR celed. Rather than go through secu- city trip to check on manufacturing STORY rity and customs all over again, he BY CARA S. TRAGER facilities in China. After a 12-hour LESSONS decided to wait at the airport for the car ride, he freshened up at his hotel next departure to New York, 19 What can be those who travel abroad on business are in anticipation of the long journey learned from delays hours later. particularly prone to nightmares—from being home: a two-hour flight from and cancellations Mr. Marcano bided his time sickened by the native fare to running afoul of to Beijing followed by a Page 21 by curling up and falling asleep in the law because of language barriers. 13-hour trip from Beijing to New the terminal. When he awoke, he Just ask Steven Marcano, founder of My York, with a stopover of about four hours be- realized that he had been robbed: His Chi- Lil Star Baby Products, a Manhattan-based tween flights. nese currency was missing from his carry-on

firm that sells diapers and children’s clothing Soon after going through security and the See DEBUGGING on Page 20 buck ennis

September 17, 2007 | Crain’s New York Business | 19 CNYB 09-17-07 A 20 9/13/2007 2:19 PM Page 1

REPORT AMERICA’S PREMIER CONFERENCE RESORT Need a strategy meeting? 34 tips to avoid travel woes Call Doral Arrowwood. Continued from Page 19 tunnels. If you park there and take include a change of clothing that touch down at Teterboro Air- the subway or walk to your ap- 13 and personal hygiene items in port and other small New Jersey pointments that day, you’ll be well- your carry-on bags. Then you’ll be airstrips,but use the same airspace as positioned later for a quick escape to prepared in the event that the airline commercial flights arriving at John the airport. misplaces your checked luggage, or F.Kennedy,La Guardia and Newark if your flight is so late that you need Liberty airports. when landing at La Guardia, to freshen up on the plane in order The situation isn’t likely to get 5JFK or Newark, meet the car to make your meeting on time. better overnight.New York’s air traf- service at the departures area.It’s less fic control systems are based on hectic than the arrivals area,facilitat- for european trips,paying 1950s radar technology rather than ing a quicker exit from the airport. 14 for hotel rooms and meals satellite GPS technology,a situation with credit cards typically pro- that the Federal Aviation Adminis- fly to or from new york in vides the best currency-exchange tration is hoping to rectify. The 6the morning, instead of the af- rates. But before going abroad, ex- agency,the ATA spokeswoman says, ternoon:There’s likely to be less of a change some dollars will press Congress this fall for a crowd at airport counters and secu- at places such budget that includes more money for rity lines. Furthermore, morning as BHD World- technology and infrastructure im- flights are less subject to being Wide or World provements. thrown off by earlier delays; in the Currency Exchange Those potential enhancements summer, they are less likely to be af- in New York,to ensure that you have aside, here are 34 tips from business fected by thunderstorms, which at least enough cash to take a taxi executives and travel experts,includ- typically develop later in the day. from the airport. ing Peter Frank, editor in chief of Concierge.com; Richard Soloway, allow more than an hour be- save money by buying prod- chairman of Amityville, L.I.-based 7tween connecting flights,in case 15 ucts duty-free while waiting Plan on Doral Arrowwood Napco Security Systems Inc.; and of delays caused by bad weather or for an international flight to take for your next meeting. officials from the Automobile Club air traffic control problems. off from JFK or Newark. Just don’t of America. This advice can help open your purchases before you re- Our strategy is simple: Your meetings and conferences are our New York executives minimize their get updated information on turn home. primary focus. Large or small, your meetings at Doral Arrowwood travel troubles, from traffic snarls en 8everything from airline delays simply have to be better than anywhere else. route to area airfields to the wait at to security-line waiting times at before going abroad, visit airport check-in counters. http://updates.orbitz.com, where 16 your health care provider or Next, satisfy our clients every time. We draw on 23 years of passengers at New York area airfields stop by Long Island Jewish Med- experience and offer a staff of specialists who will roll up their anticipate potential takeoff and other major U.S.airports can post ical Center’s Travel Immunization sleeves and get to work for you – from the big picture to the 1delays by bringing along food their personal tips and observations. Center in New Hyde Park, L.I., to smallest details. from a favorite get any necessary immunizations New York take- if possible, fly directly to your against food-, air- and animal- Finally, offer the ideal combination of state-of-the-art out eatery. It’s 9destination from New York, to borne illnesses. conference rooms, luxurious guest accommodations, outstanding likely to be avoid the delays and hassles associ- food, extensive recreational and fitness facilities and a very tastier, cheaper ated with making connections. don’t assume that your do- and less fatten- 17 mestic health insurance plan convenient location, just 45 minutes from mid-town Manhattan. ing than airport if a flight is canceled, includes overseas coverage. Instead, That’s our strategy. Focus on yours – at Doral Arrowwood, offerings. 10 you stand a better chance of secure the closest thing to New ckphotos isto getting on the next plane to your York-style medical care with a trav- of course. beat long taxi lines by arrang- destination if you go to the gate. el insurance plan from a company 2ing for a car service to pick you up. Lines are usually shorter there than like Medex. The company charges Call today. 866-784-0459. at the ticket counter. between $2 and $5.75 a day for for security’s sake, when $50,000 to $500,000 in coverage, 3you’re getting picked up at the if you find out after you ar- including transport to a location airport, instruct the car service to 11 rive at the airport that your that may offer better health care. use an agreed-upon password on its departing flight is delayed, call your Visit www.medexassist.com. CONFERENCE RESORT placard, rather than your name. travel agent to find out what other flights are available. find the fastest way to 975 Anderson Hill Road • Rye Brook • New York 10573 www.doralarrowwood.com beat midtown traffic with 18 reach your destination in 4the reference book LOTS NYC, following a many U.S. cities, including New available at www.lotsguide.com. 12 sleepless night York—whether on foot or by car, The guide provides information caused by airline delays train, subway or bus—by logging on on pricing and hours of operation en route from New York to www.publicroutes.com. The site for hundreds of Manhattan parking to a business meeting, also provides up-to-date informa- lots and garages, including those use eye drops to get the tion about local traffic tie-ups. closest to New York’s bridges and red out. Continued on Page 21      P    P        Debugging international trips Continued from Page 19 “I said, ‘I’m not paying for this,’ ” After that frightening episode, luggage.Fortunately,Mr.Marcano’s says Mr. Marcano. Mr. Marcano returned to the gate, sleeping position had prevented the waiting another eight hours for his Manhattan • Grand Central thief from reaching into his back Headed for the slammer? departure and filling up his empty pocket, where he had kept his U.S. much to his chagrin, the food stomach with sodas and candies that dollars and his passport. service workers didn’t understand a bore familiar wrappers. Hungry,he decided to get some- word of English. When they real- Mr. Marcano says that rather thing to eat. He first needed to ex- ized that Mr.Marcano wasn’t taking than regretting his experience, he change some money, which meant out his wallet,they called airport se- has learned from it. On a subse- standing in the currency-exchange curity to the scene. He was detained quent visit to China in July, he trav- line for 45 minutes. Determined to for about half an hour, until a trans- eled round-trip with an interpret-   $   eat simply and blandly in order to lator was located and he was able to er, determined never again to leave avoid any food-borne illnesses, he explain the situation. for an international business trip ordered rice. But as he began to mix “I thought I was going to get without one. the sticky white grains,bugs crawled locked up in China because I didn’t to the surface. want to eat bugs,” he says. COMMENTS? [email protected]

20 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 21 9/13/2007 2:22 PM Page 1

REPORT EXECUTIVE TRAVEL

Continued from Page 20 copters board at the Atlantic Met- speed your way through se- electronic tickets are arrive only 30 minutes before depar- always allow extra time to roport at East 34th Street and the 25 curity by wearing shoes that 28rising in popularity, but al- ture,delivers their tickets in its private 19 get to your destination from Downtown Manhattan Heliport, are easy to remove, and purchasing ways carry a printed copy of your lounges and whisks them through a Manhattan, where poor traffic con- with one-way fares ranging from toiletries in 3-ounce containers and flight itinerary, which shows your fast-track security lane in Newark ditions can be exacerbated by dou- $159 to $169. (A $99 special runs placing them in a quart-sized plas- ticket number,invoice date and con- and its own lane at London Luton ble-parked cars or vehicles caught in through Oct. 31.) USH customers tic bag. Avoid wearing a lot of jew- firmation number. Airport.Round-trips start at $1,798. the middle of a crosswalk. who are traveling on Continental elry or belts with large buckles. from Newark or on Delta from JFK avoid lines at check-in when heading to London whether you’re driving can receive their boarding passes accelerate the process of 29 counters and long waits at 32from JFK,fly boutique carri- 20from New York to the airport and have their baggage checked 26 clearing airport security baggage claim areas by shipping ers like Eos and MAXjet.They land or directly to an out-of-town business through to their final destinations, lines by signing up with Clear, a na- luggage door-to- at Stansted,which is less hectic than meeting, get on the road before 7 thus avoiding long check-in and se- tional,private membership program door with services Heathrow and Gatwick. a.m.to avoid the morning rush hour. curity lines. that costs $99.95 for the first year available through and offers members streamlined Federal Express or avoid paying full fare for bypass bumper-to-bumper if you’re going to Philadel- trips through special security lanes Luggagefree.com. 33round-trip tickets by book- 21 traffic by taking the AirTrain 23 phia,Washington,Boston or at a dozen airports, including JFK, ing your flight early—two to three to JFK. Catch the Long Island Rail Wilmington, take Amtrak, which La Guardia, Newark, Westchester Plat- months ahead if possible, or at least Road from Penn Station to Jamaica, has fewer delays than commercial County and Albany,as well as at air- 30inum cardholders whose de- 14 to 21 days before departure. ; then board the light-rail airlines. fields in , Indianapolis, partures from New York airports are train. Service is also available in Orlando, San José and San Francis- delayed can wait in style at North- always get a seat assign- Newark. don’t use business cards co. Visit www.flyclear.com. west, Delta, Continental or Ameri- 34ment in advance, even if it’s 24 or luggage tags from premi- can Airline private club lounges. for the worst spot on the aircraft. If avoid highway gridlock um credit cards to identify your be- don’t leave your parking a flight is overbooked, the airline is 22to JFK and Newark with an longings.Thieves are likely to target 27 stub in your car if you park at make travel between Lon- likely to deny boarding to people eight-minute flight on US Heli- the luggage of individuals who work a New York airport. This could help 31don and Newark a breeze without seat assignments. copter, the only regularly scheduled for prominent companies, in addi- enable thieves to drive away with your with Silverjet, an all-business-class airport helicopter service. Heli- tion to well-to-do travelers. car without raising any eyebrows. British airline that requires travelers to COMMENTS? [email protected] Night flights present more perils

USA, a manufacturer and distribu- alone, was anxious. He was afraid At 9:30 p.m., the flight took off. Bad weather, tor of cosmetics for the spa industry, that the mechanical glitch would But it wasn’t smooth flying.The tur- airsick passenger arrived at Miami International Air- cause the plane to crash. bulence made the young boy more port one hour before her 6:30 p.m. After several minutes, the prob- anxious,as well as nauseated,and he complicate trip flight on . lem, a loose cap on the oil tank, was vomited into a “serious plastic bag” home for traveler However, upon retrieving her resolved, and the aircraft began to he had brought along for that possi- boarding pass, she learned that the move from the gate—before stop- bility, says Ms. Gallagher. flight would be delayed until 7:45 ping in its tracks. The flight landed at 12:30 a.m. BY CARA S. TRAGER p.m. So, she called her husband, who But Ms. Gallagher and the other went online and found out that her Many worries passengers didn’t see their bags for

in mid-august,Brenda Gallagher’s flight would be delayed until 8:15 p.m. “the pilot wasn’t sure if La another hour, and then it was diffi- buck ennis return trip to New York from Mia- About two hours after its origi- Guardia [Airport] was open be- cult to maneuver them off the BRENDA GALLAGHER won’t book evening mi was a true case of Mur- nal departure time, the cause the weather in New York was , because the aisles were flights and will check flight times in advance. phy’s Law. Just about HORROR plane boarded. But in- bad,” says Ms. Gallagher. jammed with people and baggage everything that could go STORY stead of getting ready for Now, the young boy wasn’t only from earlier delayed flights. wrong did—including sit- LESSONS takeoff, the pilot an- worried about the plane’s deleteri- “The entire experience was a bit patterns online in departing and ar- ting next to a weepy child nounced that the flight ous fate,not to mention his own,but crazed,” says Ms. Gallagher, who riving cities. with a bad case of motion would be further delayed also about whether his mother got home at 2 a.m. “If I had known there were severe sickness. because of undiagnosed would be at the airport in New York Still, the episode taught Ms. thunderstorms,I might have made a Eager to return home to New mechanical trouble. to meet him. So Ms. Gallagher Gallagher valuable lessons: not to decision earlier in the day to change York after a business meeting, Ms. Around that time,Ms.Gallagher handed him her cell phone to call his book evening flights, to confirm my flight,” she says. Gallagher, vice president and na- noticed that the passenger to her mother—an act that allayed his flight departure times before leaving tional sales manager for Sothys left, a 10-year-old boy traveling angst, at least for a while. for the airport and to check weather COMMENTS? [email protected] Keep travel agent on speed dial

that evening, followed by a two-day until departure. off,but the Jetway—which connects Delays put pilot strategic meeting of Pinnacle Then, a sawing noise pervaded the aircraft to the terminal—was into overtime; Worldwide, an international net- the cabin, followed by the captain’s broken. work of public relations firms. announcement that the plane was The plane then moved to anoth- meeting completed After going through security, having a “little mechanical problem” er gate. There, the pilot announced by conference call Ms. Boccini noticed that the wait- and was returning to the gate for re- that he had clocked too many hours ing room was full,and the line at the pairs, but passengers had to remain to fly and,after the plane spent four- check-in desk was longer than usu- on board. and-a-half hours on the tarmac, the BY CARA S. TRAGER al. In addition, she overheard airline flight was finally canceled. Never personnel offer an irate customer a Too many hours making it to Minneapolis,Ms.Boc- despite the telltale signs of a car service to Newark—but no guar- after more than two and a half cini wound up spending 11 hours on business trip determined to go awry, antee of a takeoff because of a hours, the pilot announced that the a conference call over the next two Jeannette Boccini didn’t immediate- “weather issue in the Midwest.” plane was fit for flight. However, days. JEANNETTE BOCCINI secured a full refund of ly connect the dots. Yet Ms. Boccini be- since the Federal Aviation Admin- Still, the airline did refund Ms. her ticket after her flight was canceled. In July, Ms. Boccini, a HORROR lieved she would dodge dis- istration prohibits pilots from oper- Boccini’s round-trip ticket.Soon af- principal and the executive STORY aster when two later flights ating an aircraft more than 100 ter deplaning, she had called her vice president of LVM LESSONS to Minneapolis were can- hours a month, the pilot’s allowable travel agent, who advised her to go “She can give me insight about Group Inc., a New York celed—but not hers. hours might expire before takeoff. to the airline’s service desk to secure what to do,” including whether to public relations firm, ar- After she entered the The passengers became increas- a full refund. take another airline, go to another rived at La Guardia Air- aircraft, she was distressed ingly grouchy, and many wanted to And therein lies the lesson Ms. airport or just go home, says Ms. port one hour before her 3 p.m. by what she heard; there were 40 get off the plane. Heeding their de- Boccini learned—to phone her trav- Boccini. Northwest flight to Minneapolis. planes waiting to take off, and it mands, the pilot eventually steered el agent,without delay,when a prob- Her business trip included dinner would be at least an hour and a half the plane toward the gate to let them lem arises. COMMENTS? [email protected]

September 17, 2007 | Crain’s New York Business | 21 CNYB 09-17-07 A 22 9/13/2007 2:28 PM Page 1

CORPORATE & INVESTMENT BANKING I ASSET MANAGEMENT I PRIVATE WEALTH MANAGEMENT REPORT

In every market, we speak one language: our clients’. Business fliers get lift in Europe

“This will allow airlines to better Competition may align flights for business travelers,” lower fares as pact says Michael Moorman, a manag- ing principal with ZS Associates, a opens routes; little consulting firm. Today, there are about 57 daily room at Heathrow flights to Europe from Newark Lib- erty International Airport and 91 BY CARMEN FLEETWOOD from John F. Kennedy Internation- al Airport on average,according to a the open skies pact between the spokesman for the Port Authority of European Union and the United New York and New Jersey. He adds States will likely mean even more that there is room for expansion at crowds and longer delays at airports both locations. on both sides of the Atlantic next year. Benefits outside New York But it’s still a good thing for fre- but the pact’s benefits will be seen quent trans-Atlantic business fliers more fully in markets other than like John Tepper Marlin, a former New York. Since the metro area al- chief economist for the city comp- ready has flights to practically any- troller’s office, who now travels for where in Europe, most major U.S. his consulting firm, CityEconomist. airlines probably won’t rush to ex- “There will be more competition pand service here. Indeed, the first for my dollar,” Mr. Marlin says. Indeed,that is the hope for many business travelers after the agree- PRICEY SEATS ment goes into effect in March.The Round-trip business-class air fares pact throws out laws restricting from JFK to Heathrow for a Sept. 17 which airlines can fly to which air- departure and a Sept. 22 return. ports between Europe and the Unit- American Airlines $8,314 ed States. Trans-Atlantic ticket www.db.com prices might go down as much as British Airways $8,336 15% in the first few years of the ac- $7,6431 cord, according to several industry Virgin Atlantic $8,3172 consultants. 1-United did not have a nonstop flight from JFK. Corporate travelers will see “bet- 2-Price of Virgin’s Upper Class Lowest fare. Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, conducts investment banking and securities activities in the United States. Deutsche Bank ter opportunities,” says Standard & Source: Airlines’ Web sites, Sept. 10 Securities Inc., is a member of NYSE, NASD and SIPC. © 2007 Deutsche Bank AG. Poor’s airline analyst Philip A. Bag- galey. The Open Skies deal, reached application with the U.S. Depart- last spring, has the potential to ment of Transportation to fly out of transform the lucrative trans-At- Heathrow was from Continental lantic business. While the United Airlines, which wants to establish States had longtime individual service between the U.K. hub and agreements with many EU coun- Houston. Discover the benefits tries for unrestricted service, there The “main penalty’’ of having was one major exception—the limited access to airports has been of hosting your next U.K.’s Heathrow Airport, which felt by other U.S. cities, according to currently accounts for almost half of Craig Jenks, president of consulting business gathering with us the flights to and from Europe. firm Airline/Aircraft Projects Inc. Right now,only two carriers each A few European airlines are said from the States and the U.K. (Unit- to be interested in starting service ed Airlines, American Airlines, from the New York area, according British Airways and Virgin At- to an industry insider. lantic) can fly from Heathrow to the Meanwhile, New York business States. The lack of airline choice to travelers will also have to wait some Heathrow is the main reason that time before having more choices at business class fares cost at least 40% Heathrow because of already full more from London than from oth- runways at the British airport. er European cities. British Airways will be opening its Terminal 5 next year,but the airlines More options for airlines that currently fly out of Heathrow by opening up competition, the will still control 97% of the runway trans-Atlantic accord will mean slots after the opening. 532 newly renovated guest rooms and suites, more options and cheaper fares for The only way that new airlines 20,000 square feet of meeting space, and a New York City’s executive travelers, can fly out of Heathrow is for one dedicated banquet staff such as Mr. Marlin. European air- of the current airlines to sell its lines are expected to adopt the strat- rights. Continental and Delta Air egy of flying routes previously Lines are among the U.S. airlines closed to them. Before the pact, a trying to acquire those rights, French airline could only fly out of which are expected to cost more France to the States, but now Euro- than $20 million. pean airlines have the right to fly Eventually, the pact will be “sig- nonstop from anywhere in an EU nificantly visible’’ to New York mar- country to another point.For exam- ket executive travelers, according to ple, a German airline will now be Mr. Jenks. able to fly directly from Warsaw to 49 West 32nd Street, New York, NY 10001 New York. COMMENTS? [email protected] Tel (212) 277-2647 www.radisson.com/martinique CNYB 09-17-07 A 23 9/13/2007 2:30 PM Page 1

REPORT EXECUTIVE TRAVEL Jammed hotels cut back on extras

No incentive to offer latest technology or other amenities hattan hotels aren’t experiencing nationwide. istockphoto before Manhattan hotels. any letdown in demand, some cor- Meanwhile, the travel manager FREE BREAKFASTS are rare in Manhattan. corporate discounts, “Whereas an owner of a hotel in porate managers say they are frus- at one Fortune 100 company says Wichita may be able to renovate a trated enough to start looking into negotiations with hotels in New free amenities hotel in six to nine months,a hotel in accommodations in nearby areas. York City have become increasingly time soon. New York may take 12 to 24 difficult. The company has started “It’s a central hub’’ for corporate months,”says Mark Gordon,a man- Rates rule putting up workers in Brooklyn and travelers, and that will continue to BY WENDY DAVIS aging director of real estate invest- “new york city is more rate-driv- Newark in lieu of Manhattan be- be the case, says Stan Sorensen, vice ment bank Sonnenblick Goldman. en; additional amenities aren’t as cause of the issue. president of marketing for the Web this fall,it might be easier for cor- But some travel agents say that important,’’ says Corinne Cricks, But even with those inconven- site Expedia.com. porate travelers to snag tickets to the with room rates so high, free extras director of hotel programs for Tzell iences, no one expects the Manhat- hottest Broadway show than to get a aren’t as critical. And while Man- Travel Group, which has 22 offices tan hotel market to slow down any COMMENTS? [email protected] free breakfast at a Manhattan hotel. The hotel market is so tight that, unlike in the rest of the country,there is no incentive to throw in free ameni- ties or negotiate corporate discounts. “The hotels are out of control in New York City. For the next three months they will be able to charge whatever they want, demand is so great,” says Lynn Downes, assistant manager, Cook Travel American Express in East Hampton, L.I. “In the rest of the country, companies can negotiate year-round lower rates, but in Manhattan, rooms are in such demand that there are no discounts. Everyone wants to come to New York, and there are not enough rooms to be had.” Occupancy rates in Manhattan now hover around 85%, with hotels in Times Square surpassing 90%, says Cheryl Boyer, president of Lodging Investment Advisors. Room rates also are sky-high in the city. For the first six months of the year, the average room rate in New York City was $268.82, compared name, design and related marks are trademarks of Corporation. ©2007 All rights reserved. HYATT with $186.61 in the top 25 nation- wide urban markets, according to PricewaterhouseCoopers. Hotels have upper hand those trying to get rooms in Man- hattan say that, with such high de- mand, hotels have the upper hand in negotiations—and are using it to their advantage. Manhattan hotels won’t generally agree to give corpo- rate travelers free add-ons—like use of a fitness center or broadband ac- cess—that counterparts in the rest of the country are willing to offer. Ho- tels in Manhattan also are less likely to commit to “last room available” rates, which guarantee a set rate for standard rooms, even if those rooms are going for more money the night that travelers need to check in. “While the chains have stan- dardized charges for items like broadband access, there’s room to negotiate in other cities,” says Priscilla Campbell, practice leader at American Express’ advisory serv- AFORWARD-THINKING SPACE FOR YOUR FORWARD-THINKING BUSINESS. ice for hotels. The rates are a matter of supply and demand, according to a spokesman for Marriott Interna- tional Inc. The criteria for last- INTRODUCING THE HUB CONFERENCE CENTER FOR SMALL MEETINGS AT HYATT REGENCY O’HARE. room-available rates “will vary mar- ket by market and hotel by hotel.” The tight market is also working Finally,asmallmeetingcenterdesignedtoaccommodateyourbiggestideas.Partofa$60million against Manhattan travelers by mak- renovation, The Hub features a state-of-the-art AV system, 24-hour FedEx Kinko’s on site, wireless ing it harder for hotels to do renova- and wired Internet access throughout the conference center, ergonomic chairs, and even your own tions and upgrades. Owners are re- meetingconcierge. It’s the perfect space for bigideas to grow. For more information, have your luctant to take rooms out of circ- meetingplanner contact a Hyatt Representative, call 847 696 1234 or visit hyattregencyohare.com. ulation to make improvements. Therefore,hotel rooms in other parts of the country frequently have the

September 17, 2007 | Crain’s New York Business | 23 CNYB 09-17-07 A 24 9/13/2007 8:00 PM Page 1

REPORT EXECUTIVE TRAVEL New York Area’s Top Airlines Ranked by total passengers

2007 2007 2007 2007 2007 total % change domestic international 2007 % change domestic international Rank Airline passengers from 2006 passengers passengers total flights from 2006 flights flights bloomberg news 1 21,220,336 +7.7% 14,657,124 6,563,212 176,674 +7.2% 131,741 44,933 2 JetBlue Airways 14,922,499 +21.6% 14,399,291 523,208 128,114 +32.2% 123,607 4,507 3 American Airlines 14,238,684 -5.6% 10,266,214 3,972,470 100,173 -8.1% 77,044 23,129 4 11,253,386 -2.4% 8,622,989 2,630,397 93,292 -0.3% 76,034 17,258 5 4,715,198 +3.1% 4,220,814 494,384 129,836 +0.7% 115,782 14,054 6 United Airlines 3,887,226 -3.4% 3,794,037 93,189 35,616 -2.3% 35,145 471 7 US Airways 2,712,295 -3.7% 2,678,658 33,637 31,332 -14.1% 31,051 281 8 Northwest Airlines 2,612,822 +3.8% 2,553,164 59,658 26,006 +4.7% 25,743 263 9 Comair 2,494,628 +28.7% 2,470,499 24,129 70,257 +17.0% 69,389 868 10 American Eagle 1,954,435 +11.5% 1,642,407 312,028 68,755 +5.2% 58,065 10,690 11 British Airways 1,614,379 -0.7% 0 1,614,379 8,022 +4.3% 0 8,022 12 AirTran Airways 1,302,260 -3.5% 1,302,260 0 14,609 -4.0% 14,609 0 13 Virgin Atlantic Airways 997,649 +8.4% 0 997,649 4,302 +20.9% 0 4,302 14 Air Canada 995,397 -6.4% 0 995,397 14,029 -13.0% 0 14,029 15 America West Airlines 984,745 -9.2% 984,745 0 8,397 -7.7% 8,397 0 16 US Airways Express: Chautauqua Airlines 968,508 -15.9% 968,508 0 30,978 -14.4% 30,978 0 17 Air France 967,744 +2.4% 0 967,744 3,926 +3.8% 0 3,926 18 Lufthansa German Airlines 929,543 +11.4% 0 929,543 5,228 +11.6% 0 5,228 19 925,992 -11.0% 925,992 0 8,189 -9.5% 8,189 0 20 ATA Airlines 676,410 -22.1% 671,319 5,091 5,385 -27.9% 5,343 42 21 Alitalia Airlines 642,948 +4.7% 0 642,948 2,793 +3.1% 0 2,793 22 El Al Israel Airlines 613,282 -15.7% 0 613,282 1,943 -14.9% 0 1,943 23 Midwest Airlines 541,144 +15.3% 541,144 0 8,436 +15.2% 8,436 0 24 KLM Royal Dutch Airlines 519,993 -0.1% 0 519,993 1,956 -3.3% 0 1,956 25 Aer Lingus Group 518,365 -2.5% 0 518,365 2,100 +1.2% 0 2,100 26 US Airways Express: 495,809 +1.6% 495,809 0 25,396 +1.3% 25,396 0 27 Air Jamaica 474,097 +21.8% 0 474,097 3,363 +13.8% 0 3,363 28 US Airways Express: 460,380 +274.4% 460,380 0 14,377 +216.0% 14,377 0 29 Emirates Airlines 430,502 +83.1% 0 430,502 1,938 +64.4% 0 1,938 30 Delta Connection: Mesa-Freedom 413,781 n/m 413,781 0 19,021 n/m 19,021 0 31 Air India 403,366 -4.4% 0 403,366 1,430 -1.4% 0 1,430 32 : 377,269 +28.0% 377,269 0 9,107 +20.1% 9,107 0 33 Korean Air Lines 360,248 +4.9% 0 360,248 1,442 +8.3% 0 1,442 34 Cathay Pacific Airways 359,442 +6.8% 0 359,442 1,458 +0.2% 0 1,458 35 Swiss International Air Lines 355,768 +25.6% 0 355,768 2,696 +25.3% 0 2,696 36 Iberia Airlines of Spain 336,536 +2.3% 0 336,536 1,326 +1.7% 0 1,326 37 Delta Connection: Shuttle America 328,600 +189.8% 328,600 0 8,122 +164.8% 8,122 0 38 US Airways Express: 300,449 -4.3% 300,449 0 24,890 +1.5% 24,890 0 39 Singapore Airlines 290,669 -3.2% 0 290,669 1,458 -0.1% 0 1,458 40 SAS AB 269,549 -4.5% 0 269,549 1,330 +0.8% 0 1,330 41 Japan Airlines 250,988 +3.1% 0 250,988 1,440 +6.7% 0 1,440 42 Air Canada Jazz 248,449 +74.4% 0 248,449 6,861 +79.9% 0 6,861 43 Lot Polish Airlines 246,540 +13.7% 0 246,540 1,224 +8.6% 0 1,224 44 Avianca 245,750 +17.5% 0 245,750 1,726 +23.5% 0 1,726 45 224,655 +25.0% 224,655 0 1,998 +30.6% 1,998 0 46 Aeromexico Airlines 219,738 +13.4% 0 219,738 2,372 +39.3% 0 2,372 47 Taca International Airlines 206,286 +10.8% 0 206,286 1,833 +8.0% 0 1,833 48 USA 3000 Airlines 190,820 -24.0% 132,400 58,420 1,591 -21.0% 1,097 494 49 US Airways Express: PSA Airlines 186,817 +1.0% 186,817 0 4,160 -17.8% 4,160 0 50 US Airways Express: Mesa Airlines 182,806 +790.5% 182,806 0 2,628 +706.1% 2,628 0 Combined data on arrivals and departures for airlines flying into and out of John F. Kennedy International, La Guardia and Newark Liberty International airports for the 12 months ended June 30. n/m Not meaningful.

bekka lindström bekka Source: Port Authority of New York and New Jersey, with additional research by Denise Southwood and Sarah Studley

24 | Crain’s New York Business | September 17, 2007 Project5 9/10/07 11:47 AM Page 1

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*Departures from Newark Liberty International to Doha operate via Geneva. Nonstop service from Washington Dulles to Doha operates daily. Project7 8/28/07 1:32 PM Page 1

HOSPITAL FOR SPECIAL SURGERY RANKED #1 IN THE U.S.A. FOR ORTHOPEDICS.

In the most recent U.S.News & World Report And, our nurses were recently awarded the nation’s “America’s Best Hospitals” issue, Hospital for Special highest nursing award. We are the only hospital in New Surgery was ranked #1 in the nation for Orthopedics. York to receive the coveted Magnet award twice. And, for the 17th consecutive year, we were top ranked Best Hospital. Best doctors. Best nurses. in the Northeast for Orthopedics and Rheumatology. If you suffer from bone, joint, or muscle pain, You will also find many of our doctors in New York call 1.800.493.0038 for an appointment or visit our magazine’s latest Best Doctors issue. Web site at HSS.edu. CNYB 09-17-07 A 27 9/13/2007 2:33 PM Page 1

REAL ESTATE

Deals Clothier’s growth bears fruit via 2nd NoLIta location

agement in-house. Mulberry St. store —elisabeth butler cordova will target different clientele; law firm Law firm doubles IS MONEY heads for 7 WTC space downtown ne nolita store isn’t law firm Kostelanetz & Fink is enough for Manhat- doubling its space as it leaves mid- Everyone who runs a business knows that time is a precious commodity. tan-based fashion town for downtown. The firm Business Banking from HSBC has solutions to help you make the most of chain Variazioni Inc. signed a lease, which will last until your time and money. The retailer recently March 2015, for some 14,000 Osigned a 10-year lease for 850 square square feet at 7 World Trade Center. >Visit your local branch feet at 214 Mulberry St., at Spring Kostelanetz & Fink is slated to >1-866-427-2103 Street, just a couple of blocks from a move into about one-third of the >us.hsbc.com/business Variazioni boutique located at 23 34th floor next month, says Ber- Prince St. nard Weitzman, a broker with CB The Mulberry Street store is Richard Ellis Inc., who represented Variazioni’s eighth location and its the law firm in the transaction. The Products in the United States offered by HSBC Bank USA, N.A. or HSBC National Bank USA. Both banks are Member FDIC. fourth in the city. The new lease firm is moving out of 530 Fifth ©2007 HSBC Bank USA, N.A. marks the beginning of an aggres- Ave., where it leases 7,000 square sive expansion for the retailer,whose feet. management wants to open as many 7 World Trade Center opened in as 12 more stores in the next two May 2006 and is about 72% leased. years. Mr. Weitzman says asking rents at the building are between $70 and $75 a square foot. CB Richard Ellis also represent- ed the landlord, Silverstein Proper- ties Inc., which declined to com- ment on the deal. —theresa agovino Apparel company consolidates for years, Delco Apparel has pro- duced its clothing lines from a hand- THIS IS THE WAY WE SELL OUR CLOTHES: ful of locations scattered through- Variazioni will soon open on Mulberry Street. out the garment district. Managers had to run to different floors and sometimes to different buildings to “We’re looking in the whole tri- keep tabs on each line. state area,” says Faith Hope Conso- That headache will end soon, lo, the Prudential Douglas Elliman when Delco moves its operations to broker who represented Variazioni a 26,000-square-foot space at 500 in the deal. Seventh Ave., at West 37th Street. In Manhattan, the company is The company signed a 10-year lease scouting for sites in SoHo and on for the single-floor space. It will re- the Upper East Side. locate from 530 Seventh Ave. and The Mulberry Street location 219 W. 40th St. by early next year. will target a different clientele than “We’re trying to consolidate our the Prince Street store does. space for increased efficiency,” says “We will carry more designers David Lomita, chairman of Delco. and more denim,” says Barry Hed- His firm makes women’s dresses, vat, co-owner of Variazioni. “Our suits and sportswear for labels such customer here will be younger and as Larry Levine, Nina Leonard and more fashion-forward.” Sharagano, a recently acquired con- Variazioni carries high-end temporary line. Delco will build brands such as True Religion, Juicy showrooms for each line in the new Couture and Catherine Malandri- space. The lease gives the company no. The company opened its first an option to expand into another store on the in 10,000 square feet if needed. 1979. The newest shop is slated to The asking rent was $55 per open by early next year. square foot. Michael Heaner, a bro- The asking rent for the NoLIta ker at the Kaufman Organization, deal was about $225 per square foot negotiated the deal on behalf of for the ground floor. The space also Delco, and Michael Dreizen of comes with a small basement for Newmark Knight Frank represent- storage. ed building owner 500-512 Seventh Joshua Halegua represented Avenue L.P. building owner Jonis Realty Man- —elisabeth butler cordova CNYB 09-17-07 A 28 9/13/2007 6:30 PM Page 1

NEIGHBORHOOD JOURNAL Tiny beach proves a surprising hit

surprising hit. cal events at the beach, which is in taxi service to Manhattan. Effort to boost The half-acre Water Taxi Beach, his district. “[This proves] that you Tom Fox, president of New water-taxi traffic yields made of 440 tons of genuine Jersey can take an underutilized property York Water Taxi,said at the time Queens magnet; Shore sand, is located right next to and transform it into a vibrant city- that he couldn’t afford to run the pier at Hunters Point. In wide destination.” what would essentially be a one- SAND STORM: Water Taxi Beach is now a destination. no raciness on S.I. addition to drawing casual beachgo- Even more remarkable, the way service: As he put it, “no- ers,the recreation area is increasing- beach’s success demonstrates that body from Manhattan was com- tiny riverfront beach ly playing host to an array of corpo- such miracles can be wrought cheap- ing to on a So far, it seems to be working. A created in 2005 as a low- rate, political and cultural events. ly. The development of the beach Saturday.” But as an experiment, he weekly beach party draws nearly 500 budget ploy to persuade “As a kid,I never went to the wa- stemmed from a request by the de- plowed about $100,000 into creating people from Manhattan on sum- Manhattanites to take terfront, never even really knew it velopers of a couple of new high-rise a beach on a rubble-strewn lot next to mertime Saturday nights, says Mr. water taxis to Long Is- was there,” says City Councilman residential towers in Long Island his Long Island City dock, to see if Fox, who charges each person $5 for Aland City, Queens, has become a Eric Gioia. He has held two politi- City, who wanted weekend water Manhattanites could be lured there. a one-way trip.In addition,about 75 private events and parties were held on the beach this summer, com- pared with 45 last summer. “There are very few places in the city where you can wiggle your toes in the sand,sit on a picnic bench and look out at the United Nations building,” says Mr. Fox. In just three summers, the new ferry route has become a significant moneymaker for New York Water Taxi, which holds a 5-year lease on the land from the Port Authority of New York and New Jersey. “We’ve created a reverse bridge- and-tunnel crowd,” says Mr. Fox, BECAUSE THERE’S NO TIME FOR DOWNTIME. who has already submitted a pro- posal for creating a beach and a restaurant as part of the redevelop- ment of the Atlantic Basin in Red Hook, Brooklyn. —hilary potkewitz Staten Island chooses slow lane a new plan for a vast site on Staten Island formerly considered as a lo- cation for a Nascar speedway is gaining political momentum. Local officials appear optimistic that a warehouse distribution center planned by Denver-based ProLogis for 676 acres in the Bloomfield sec- Palm® TreoTM 700wxBlackBerry® 8830 Motorola QTM Black tion will produce year-round, high- World Edition quality jobs without overwhelming the borough with truck traffic. ProLogis announced this month MAKE THE MOST OF EVERY MINUTE WITH AMERICA’S that it is in the process of buying the MOST RELIABLE WIRELESS VOICE AND DATA NETWORK. industrially zoned site from Interna- tional Speedway Corp.,which aban- • Send and receive e-mail • Open and review attachments doned its racetrack plans last De- • Surf the Web at broadband speeds • Organize your schedule cember because the City Council refused to rezone the property. City Council approval would be not needed for a warehousing operation. LIMITED-TIME OFFER: $100 advanced device credit: Offer valid with new voice plan of $39.99 monthly access or The purchase price is thought to $ higher and a data feature of $44.99 monthly be less than the $110 million that access or any America’s Choice® E-mail Plan ISC paid for the property in 2004. 100 OFF starting at $79.99 monthly access, all with a new 2 year activation. Cannot be combined The Florida company also spent ANY SMARTPHONE with other device discounts. more than $5 million to decontam- inate the site, much of which was once an oil tank farm. ProLogis is expected to take title to the proper- ty later this year. CALL TODAY! 1-800-670-0222 verizonwireless.com “ProLogis is a well-known com- pany,” says state Sen. Diane Savino, VERIZON WIRELESS COMMUNICATIONS STORES See store for Return/Exchange Policy. a Democrat whose district abuts the site.“What they’re building will cre- MANHATTAN 57 W. 57th St. 100 Wall St. & Water  Westbury Smith Haven Visit the Verizon Wireless Store 342 Madison Ave. btwn. 5th & 6th Ave. (Closed Sat & Sun) 49 Old Country Rd.  1 Smith Haven Mall ate a couple of thousand sustainable, & 43rd St. 212-980-4860 212-510-6160 516-937-2960 631-382-3720 inside Circuit City and BJ’s. long-term jobs”—and they’re “not 212-856-6100 581 Broadway NASSAU SUFFOLK WESTCHESTER Staffed with Verizon Wireless employees. low-wage jobs,” she notes. Union Square  1/2 block south of Rockville Centre  Bay Shore White Plains Verizon Wireless 859 Broadway Houston 265 Sunrise Hwy. South Shore Mall  The Westchester Mall in select locations. ISC,when lobbying for its Nascar 212-206-7587 212-431-4613 516-594-0346 631-968-5432 914-286-4100 plan,had argued that an 80,000-seat  Hablamos Español track hosting three races a year Activation fee/line: $35 ($25 for $59.99 BroadbandAccess plan). would be preferable to the most IMPORTANT CONSUMER INFORMATION: Subject to Customer Agreement, Calling Plan and credit approval. Up to $175 early termination fee. Offers and coverage not available everywhere. Advanced Device Credit likely alternative: an operation gen- cannot be combined with other device discounts. BroadbandAccess is available in 242 major metropolitan areas covering more than 210 million people in the U.S. Offers and coverage, varies by service, erating truck traffic year-round. not available everywhere. Shipping charges may apply. While supplies last. Network details and coverage maps at vzw.com. © 2007 Verizon Wireless. —erik engquist

28 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 29 9/13/2007 2:35 PM Page 1

SMALL BUSINESS Contacts help firm scale China wall SAVE

Translation company SMART relies on agencies, COOKIE clients, track record John Smart’s observations on China: to crack big market DOING BUSINESS in China is a great adventure, but you have to BY JEAN ENDE go into it aware that every perception you have is wrong. ast year, a technician wiring a new casino in REGARDLESS of who you are Macao,China,called his negotiating with, there is only one office with a question: customer: the government. Was he really supposed THERE IS NO SUCH THING as an Lto install the sensitive communica- absolute “no.” But there are a lot Now you can deposit checks from your business and see them in your account tions system in the hot,humid laun- of degrees of “no.” in as little as 24 hours. Remote Deposit Capture¹ is just one of the many solutions dry room, as his instructions said? DON’T EXPECT from HSBC that can save you time and help your business thrive. That’s when his bosses at the to build friend- ships. No one has time for that. Chinese installation company called >Visit your local branch on Smart Communications Inc., a LOSS OF FACE is a key issue. Don’t >1-866-427-2103 Manhattan-based business offering let Chinese associates look bad. >us.hsbc.com/business electronic translation and commu- istockphoto nications consulting. As it turned out,“Here is a laundry list for instal- colloquialisms like “laundry list.” lation” had been rendered in Man- Rather than wait for clients to ¹For all checks correctly scanned using Remote Deposit Capture scanner and transmitted to HSBC by 8:00 pm Eastern Time, darin as “Laundry room installation” bring more assignments, Mr. Smart customer will receive same-day ledger credit of funds. All checks scanned after 8:00 pm will post the following business day. by the equipment maker’s original and his marketing executives scout- The Bank’s policy is to make funds from customers’ deposits quickly available to the customer according to a schedule which is based on where the check is drawn. Certain fees and charges may apply. For details, please contact an HSBC business translator. ed out the burgeoning Chinese mar- representative at 877-HSBC-BIZ option 3. Products in the United States offered by HSBC Bank USA, N.A. or HSBC National Bank USA. Both “We changed ‘laundry list’ to ket themselves. They hit the books banks are Member FDIC. ©2007 HSBC Bank USA, N.A. ‘check list,’ and the problem was to identify major growth industries solved,”says John Smart,chief exec- and key companies within each sec- utive of the eponymous outfit. tor.They also accessed the network of By speedily delivering linguistic private and government agencies es- fixes,Mr.Smart built a company that tablished to help U.S. exporters. was doing business in more than 150 One of Smart’s first big Chinese countries by the late 1990s—but breakthroughs stemmed from its par- nothing had quite prepared him for ticipation in a catalog show hosted China. Nevertheless, in just eight by the U.S. Commercial Service in years, his firm’s revenues there have Shanghai in 2002. A large group of gone from nothing to $10 million. officials and businessmen attended Lower your rates, not your standards. Smart’s initial involvement grew an exhibition of literature and videos out of an assignment for longtime from U.S. companies, and Xuming (Discounts up to 40% on car insurance.)

client Honeywell, which had land- Huang picked up Smart’s catalog. ® ed a contract to help the People’s Switch to State Farm and you could save big. Take advantage of one of our many discounts–saving money’s one of Republic expand its aircraft indus- Getting with the program the reasons why 1.3 million drivers switched to State Farm last year. Hurry in (but please don’t speed). try. Honeywell needed to ensure “we realizedwe were losing orders Find a State Farm agent near you and call today: that Chinese workers understood because clients were unhappy with highly detailed instructions on our English,” says Mr. Huang, pres- building and maintaining planes. ident of Ezen Star, a Beijing-based Smart was called in to provide clear telecom firm. “Mr. Smart has made technical manuals and a dictionary it easier for us to communicate in of basic English business language. printed material and e-mails. This Smart used the tools that it had has increased our business.” Linda Burchett, Agent Juliet De Rossi, Agent Dick Flanagan, Agent Meilee Fu Agcy Inc already honed through its work with The following year, the U.S. 301 Cathedral Parkway 42 Broadway 146 East 78th Street Meilee Fu, Agent corporations and government agen- Commercial Service provided Mr. New York, NY 10026-4066 New York, NY 10004-1617 New York, NY 10021-0351 299 Broadway cies around the world, using 25 lan- Smart with personal briefings from Bus: 212-665-2657 Bus: 212-514-8260 Bus: 212-628-8810 New York, NY 10007-1970 guages. The key is proprietary soft- a trade specialist on opportunities in [email protected] [email protected] [email protected] Bus: 212-233-0606 ware that produces accurate, easy- China, a list of good target compa- to-understand translations of tech- nies and assistance in setting up in- nical material, stripping manuals of terviews. These efforts eventually led to a $65,000 contract to provide software and consulting services for WHERE TO START Huawei, an international telecom- munications network provider. James B Lavelle, Agent Kevin Leong, Agent Robert Stevenson II, Agent 420 Lexington Avenue 156 5th Avenue 200 Central Park South THE U.S. COMMERCIAL SERVICE “China is reaching out to buy the New York, NY 10170-2099 New York, NY 10010-7799 New York, NY 10019-1449 helps firms find customers, sup- quality merchandise produced in the Bus: 212-687-1699 Bus: 212-807-1700 Bus: 212-397-0580 pliers, distributors, funding and U.S.,” says Barry Friedman, senior [email protected] [email protected] [email protected] professional assistance. It runs commercial officer at the U.S. Em- dozens of trade shows in China. bassy in Beijing. “There is rapidly Visit the Commercial Service in growing opportunity, especially for China at www.buyusa.gov/ smaller firms, in second-tier cities.” china/en. The portal Export.gov In 2006,firms based in New York state rang up $2 billion worth of sales pools the resources of various in China, a jump of 51% in three government agencies. Visit the years. Nearly half of U.S. exporters China Business Information Cen- to China had 20 or fewer employees. statefarm.com® www.export.gov/China ter at . P060397 12/06 State Farm Mutual Automobile Insurance Company, State Farm Indemnity Company – Bloomington, IL COMMENTS? [email protected]

September 17, 2007 | Crain’s New York Business | 29 CNYB 09-17-07 A 30 9/13/2007 2:37 PM Page 1

THE WEEKS AHEAD

THIS WEEK’S EVENTS SEPTEMBER 18 the future of business information. 8:30 SEPTEMBER 18 [email protected]. SEPTEMBER 18 New York Public Library’s Science, a.m. to 10:30 a.m., McGraw-Hill Cos., North Fork Bank holds seminar on SEPTEMBER 19 Bedford Stuyvesant Restoration Corp. Industry and Business Library holds 1221 Sixth Ave. Fee: $75 members, raising capital. 6:00 p.m. to 8:00 p.m., Networking for Professionals holds holds seminar on making the most of workshop on launching a consumer $95 nonmembers. 52nd Street and Third Avenue, lower- networking reception. 6:30 p.m. to 8:30 your money. 6:30 p.m. to 8:30 p.m., magazine. 5:30 p.m. to 7:00 p.m., 188 (212) 661-6360, ext. 3337. level training room. Free. Business p.m., Techspace, 41 E. 11th St., 11th 1368 Fulton St., Billie Holiday Theater, Madison Ave., room 018. Free. SEPTEMBER 18 owners only. (516) 409-0849 or floor. Fee: $25 members and $35 Brooklyn. Free. (718) 636-6924 or (212) 592-7000. Camba’s Small Business Services holds [email protected]. nonmembers in advance online; $40 for [email protected]. SEPTEMBER 18 workshop on choosing a home-based SEPTEMBER 18 all at door. (212) 227-6556 or SEPTEMBER 18 Institute of Management Accountants, business. 3:00 p.m. to 5:30 p.m., 884 Gold Place Network holds networking [email protected]. New York Investing Meetup holds New York chapter, holds dinner on Flatbush Ave., second floor, Brooklyn. reception. 8:00 a.m. to 10:00 a.m., Café SEPTEMBER 19 lecture on the future of the stock market. navigating changes in the new Free. (718) 282-2500, ext. 242, or Metro, 14 E. 42nd St., lower level. Fee: Executive Council holds breakfast 6:30 p.m. to 8:30 p.m., 1290 Sixth Ave. millennium. 5:30 p.m. to 8:00 p.m., [email protected]. $15. (212) 465-8080. meeting on the localization of Free. (212) 255-7327 or Arno’s Ristorante, 141 W. 38th St. Fee: SEPTEMBER 18 SEPTEMBER 18-DECEMBER 18 globalization. 8:00 a.m. to 11:00 a.m., [email protected]. $35 members, $40 nonmembers, $25 Smart Business Advisory and Brooklyn Economic Development Lighthouse International Executive students. (347) 643-6185 or Consulting holds networking reception Corp. holds entrepreneurial assistance Conference Center, 111 E. 59th St. Fee: More meetings online at [email protected]. and program on public speaking. 5:30 program. Tuesdays, 6:30 p.m. to 9:30 $95 members, $195 nonmembers. SEPTEMBER 18 p.m. to 8:30 p.m., Yale Club, 50 p.m., 175 Remsen St., suite 350, (212) 404-6920 or [email protected]. www.newyorkbusiness.com SEPTEMBER 19 Click on “Events” American Business Media holds Vanderbilt Ave. Free. (610) 964-4054 or Brooklyn. Fee: $240. breakfast meeting on mobile devices as www.smartgrp.com/events.asp. (718) 522-4600, ext. 10, or Magazine Publishers of America holds forum on international outsourcing. 8:30 a.m. to 10:30 a.m., 810 Seventh Ave., 24th floor. Fee: $125 members, $225 nonmembers. (212) 872-3733 or [email protected]. SEPTEMBER 19 Industrial and Technology Assistance Corp. holds workshop on principles of lean manufacturing. 9:30 a.m. to 4:30 p.m., 253 Broadway, suite 302. Fee: $95. (212) 442-2990 or [email protected]. SEPTEMBER 19 Five O’Clock Club Executive Job Search Group holds seminar on the two-minute pitch. 6:30 p.m. to 8:30 p.m., 11 Penn Plaza, fifth floor. Fee: $50. (914) 788-5482 or [email protected]. SEPTEMBER 19 Carnegie Council and Booz Allen Hamilton hold lunch meeting on innovations in fighting corruption. 12:00 p.m. to 2:00 p.m., 170 E. 64th St. Fee: $50. Free for members of nonprofits. (212) 838-4120 or [email protected]. SEPTEMBER 19 New York Commercial Real Estate Women Network holds information session on money on Wall Street. 6:00 p.m. to 8:00 p.m., Sonnenschein Nath & Rosenthal, 1221 Sixth Ave. Fee: $50 members, $75 nonmembers. (212) 499-6573. SEPTEMBER 19 Lehman College’s Small Business Development Center holds work- shop on creating financial proposals for small businesses. 11:00 a.m. to 2:00 p.m., 250 Bedford Park Blvd. West, library room B27C, Bronx. Free. (718) 960-8697 or [email protected]. SEPTEMBER 19 Score NYC holds seminar on business plans. 10:00 a.m. to 1:00 p.m., New York Public Library’s Science, Industry and Business Library, 188 Madison Ave., lower level. $40. (212) 264-4507 or [email protected]. SEPTEMBER 19 Advertising Women of New York holds networking reception. 6:00 p.m. to 8:00 p.m., USA Today, 535 Madison Ave., 32nd floor. Fee: $40 members, $65 nonmembers. (212) 221-7969 or [email protected]. SEPTEMBER 19 Retail Marketing Society holds lunch meeting on trends in retail real estate. 12:00 p.m. to 2:00 p.m., Williams Club, 24 E. 39th St. Fee: $50 members, $75 nonmembers. (201) 692-8087 or retailmarketingsoci@ retailmarketingsociety.org. SEPTEMBER 19 Business Networking International, Chapter 5, holds networking breakfast for accountants. 7:00 a.m. to 8:30 a.m., SunBerry’s Cafe, 106 E. 60th St., second MAKING A CASE FOR TEAMWORK. Ellen L. Shapiro One Chase Manhattan Plaza, 35th Floor New York, NY 10005-1417 TO LIST YOUR EVENT T 212.440.4400 F 212.440.4401 Listings can be submitted only through the Crain’s Web site. To submit a calendar listing, go to www.newyorkbusiness.com and click on “Events.” CALIFORNIA :: DELAWARE :: FLORIDA :: NEW JERSEY :: NEW YORK :: :: VIRGINIA :: WASHINGTON, DC Sponsors have a choice of several free or paid list- ing options. All business events will be posted online within two business days.

30 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 31 9/13/2007 3:05 PM Page 1

AND LET THE floor. Fee: $15. (646) 217-4689 or Fifth Ave., rooftop, Cornelia Cafe. Fee: [email protected]. $125 members, $150 nonmembers. SEPTEMBER 19-NOVEMBER 28 (212) 599-6181 or [email protected]. Advertising Club holds Advertising and SEPTEMBER 25 Marketing 101 course. Wednesdays, Sterling Bancorp holds seminar on 6:00 p.m. to 8:00 p.m., JWT,466 broken buildings and budgets. 5:30 p.m. Lexington Ave., second floor. Fee: $250 to 8:00 p.m., 650 Fifth Ave. Free. Space members, $300 nonmembers. is limited. (212) 575-3404 or (212) 533-8080. [email protected]. SEPTEMBER 20 SEPTEMBER 26 Crain’s New York Business holds Small NYC Business Solutions holds seminar CASH Business Awards breakfast. 8:00 a.m. to on business basics. 2:00 p.m. to 5:00 9:30 a.m., Broadway Millennium Hotel, p.m., Lower Manhattan Business 145 W. 44th St. Fee: $65. (212) 210-0739 Solutions Center, 110 William St., or www.newyorkbusiness.com/events. fourth-floor conference room. Free. SEPTEMBER 20 (212) 618-8862 or [email protected]. Technisource holds lunch meeting on SEPTEMBER 26 project management. 11:30 a.m. to 1:45 Sales Strategy Corp. holds workshop on p.m., Butterfield 8, 5 E. 38th St. Free. breaking the rules to win business. 9:00 (212) 599-2538, ext. 212, or a.m. to 11:00 a.m., 1375 Broadway, third [email protected]. floor. Fee: $39. (347) 385-8500 or FL W SEPTEMBER 20 [email protected]. A dedicated business relationship manager from HSBC has solutions that Purple Dot Group holds seminar on SEPTEMBER 27 can help save you time and money. From competitive rates on a business marketing. 6:30 p.m. to 8:30 p.m., SLC, U.S. Federation of Small Businesses and 352 Seventh Ave., 16th floor. Fee: $49. WCBS News Radio 880 hold sales and line of credit to credit card processing solutions, your business relationship Registration suggested. (800) 514-3557 marketing panel discussion. 6:00 p.m. manager can help your business thrive. HSBC knows the challenges of running or www.purpledotmag.com/events. to 8:00 p.m., Guardian Building, a business, and we have many ways to help you meet them. SEPTEMBER 20 7 Hanover Square, 15th floor. Fee: free New York Building Congress holds for USFSB members, $15 nonmembers. lunch meeting with Patrick Foye, (718) 701-0087 or >Visit your local branch downstate chairman of Empire State http://nyc.usfsb.com/networkingevents.aspx. >1-866-427-2103 Development Corp. 11:30 a.m. to 1:30 SEPTEMBER 27 >us.hsbc.com/business p.m., Waldorf-Astoria, 301 Park Ave., Arts & Business Council of New York Starlight Roof. Fee: $150 members, and American Express Co. hold $200 nonmembers. (212) 481-9230. workshop on using public relations in a SEPTEMBER 20 marketing plan. 9:00 a.m. to 12:30 p.m., Institute of Real Estate Management, 200 Vesey St. Fee: $35 Arts & Business Products in the United States offered by HSBC Bank USA, N.A. or HSBC National Bank USA. Both banks are Member FDIC. Greater New York chapter, holds lunch Council members, $55 nonmembers. ©2007 HSBC Bank USA, N.A. meeting on trends and drivers in retail (212) 279-5910, ext. 29. real estate. 11:30 a.m. to 1:30 p.m., New SEPTEMBER 27 York Helmsley Hotel, 212 E. 42nd St. Power Networking Business Series Fee: $65 members, $130 nonmembers. holds networking reception. 6:00 p.m. to BRIDGE, MEZZANINE AND EQUITY FINANCING (212) 944-9445 or [email protected]. 8:00 p.m., Baton Rouge Restaurant, 145 SEPTEMBER 20 W. 145th St. Fee: $20. (718) 380-2062 Manhattan Chamber of Commerce or [email protected]. holds networking reception. 5:30 p.m. to 8:00 p.m., Club 101, 101 Park Ave. Fee: OCTOBER 1-7 $25 members and $35 nonmembers in OCTOBER 2 advance; additional $5 for all at door. Albertazzi & Associati of Milan holds (212) 473-7805 or seminar on doing business in Italy. [email protected]. 8:45 a.m. to 12:00 p.m., Association SEPTEMBER 20 of the Bar of the City of New York, SalemGlobal Internet Website 42 W. 44th St., meeting hall. Free. Marketing holds networking breakfast. (917) 582-7634 or 8:00 a.m. to 10:00 a.m., 70 W. 40th St., [email protected]. seventh floor. Free. (646) 217-4184 or OCTOBER 2 [email protected]. Foundation for Accounting Education SEPTEMBER 22 holds conference breakfast on New York University’s School of bankruptcy. 8:30 a.m. to 11:15 a.m., 3 Continuing and Professional Studies Park Ave., 19th floor. Fee: $100 holds course on moving into the members, $125 nonmembers. nonprofit industry. 9:30 a.m. to 3:30 (800) 537-3635 or www.nysscpa.org. p.m., 48 Cooper Square. Fee: $145. OCTOBER 2 (212) 992-3228. New York County Lawyers’ Association holds forum on nonprofit law. 6:00 p.m. SEPTEMBER 24-30 to 8:00 p.m., 14 Vesey St. Free. SEPTEMBER 24 (212) 267-6646 or [email protected]. Sun Communications Group holds OCTOBER 2-NOVEMBER 13 networking reception for attorneys. 6:30 Dynamic Executive Coaching holds p.m. to 8:00 p.m., Bogart’s, 99 Park Ave. workshops on sales skills for Fee: $25. (212) 661-9137 or entrepreneurs. Tuesdays, 6:45 p.m. to [email protected]. 9:45 p.m., Sage Theater, 711 Seventh SEPTEMBER 25 Ave., second floor. Fee: $200. OPPORTUNITY AWAITS Association of Real Estate Women (917) 338-7858 or holds networking reception. 6:30 p.m. to [email protected]. 8:30 p.m., Cornelia Day Resort, 663 —adrianne pasquarelli CALL TODAY 201.894.5000

EXPLORING CAREERS If your bank is getting the jitters, call us. We won’t shake! At Palisades Financial GROUP SEEKS HOST BUSINESSES we understand our responsibilities as your lender. You want a commitment that no hassle closing THE GREATER NEW YORK COUNCILS’ is honored. You want a “ ” and you want no last minute delays. Exploring program is seeking For over 12 years Palisades has closed as promised on time, every time. With businesses to host educational sessions offering high school students the over $2 billion in closed transactions we have the resources to make your deal a chance to explore various industries and make better decisions about reality. If that’s what you want, then call today 201.894.5000. Ask for Billy, possible career choices. Mark, Dave or James. The Exploring program puts together groups of 15 to 25 students interested in specific fields. The student groups meet at the host businesses after school for four or more sessions, learning about career ladders, educational requirements, salaries and what people in their selected fields actually do. For more information, please call Exploring director Bob Hayes at (212) 651-2808, or visit www.nyexploring.org. 2160 North Central Road, Suite 308 / Fort Lee, New Jersey 07024 / www.palfi.net CNYB 09-17-07 A 32 9/13/2007 6:47 PM Page 1

gral part of the exchange’s identity. In addition to providing a nifty Exchange floor will shrink backdrop for television, they argue, Tech firm it’s important from a business per- spective. One reason the exchange The famed floor is about to be- doned the floor in the past year, can command premium prices to list gets $12 NYSE will close 2 come much smaller, with the ex- since most transactions at the shares is because corporate chief- rooms as computers change preparing to close two NYSE are now handled by comput- tains like to show up on the day their rooms by November,which means it ers. Similar changes are coming to shares start trading so they stand on million handle more trades; will have only two remaining. The pass at other marketplaces, includ- the balcony overlooking the floor photo ops remain change was announced by NYSE ing the New York Mercantile Ex- and ring the bell. Euronext President Duncan Nie- change and New York Board of By shrinking its trading space, in capital derauer at an investor conference Trade.The Chicago Mercantile Ex- the NYSE floor conceivably will BY AARON ELSTEIN last week. change recently said it would cease look more lively,since traders will be “It should make the floor consid- floor trading in certain agricultural operating closer together. Vantrix will use for years,critics have said the trad- erably more efficient,” said Mr. futures contracts.The NYSE closed “The floor will continue to be an ing floor at the New York Stock Ex- Niederauer, who said the remaining another floor earlier this year. element of our [business] model,” money to improve change is obsolete, a relic of a long- floor brokers and specialists would Still, NYSE executives seem de- Mr. Niederaurer said. vanished era.Increasingly,it appears be moved to two large rooms. termined to keep at least part of its mobile video that NYSE executives agree. Hundreds of traders have aban- their floor alive, because it’s an inte- COMMENTS? [email protected] content, expand

BY AMANDA FUNG

vantrix corp., a provider of tech- nology that delivers content to cell phones, has raised $12 million in venture capital. The Manhattan-based company will use the money to expand glob- ally and improve its technology, as well as enhance its research and de- velopment. Media companies and $1.5B wireless carriers use REVENUE to be Vantrix’s technolo- generated by gy to deliver video mobile content industry programming, ad- this year vertising and other multimedia con- tent to cell phones. “We are proud to see our strate- gy validated by this new round of fi- nancing,” says Manish Jha, former general manager of ESPN Mobile, who became Vantrix’s chief execu- tive in February. Growth ahead the industry that provides enter- tainment and other content to mo- bile communication devices is ex- MARKET PRICE FOR ELECTRICITY pected to grow 50% this year, generating $1.5 billion in revenue. YEARS Chicago-based venture capital firm JK&B Capital led the financ- ing. Previous Vantrix investors SummerHill Venture Partners;En- trepia Ventures; BDC Venture Capital; and Innovacom, France Telecom’s venture arm, also put money into the company. So far, Vantrix has raised $24.5 million in venture capital. Mobile video is still very new and there is a need for companies that can put it onto cell phones, accord- ing to Adam Zawel, an industry ex- pert and chief collaboration officer at INmobile.org, an online commu- Nobody knows what energy prices will do. But your business, large or small, can take firm control of your energy costs with a nity for wireless executives. “Vantrix has a treasure trove of Constellation NewEnergy long-term purchasing plan. This kind of innovative thinking is working for two thirds of the Fortune 100. technology and patents that can improve mobile video,” he says. “It See how it can work for you. Visit newenergy.com/control or call 1-877-CNE-8100. was under the radar, but now its new management will raise its profile.” Making moves the three-year-old company recently moved most of its opera- tions from its Montreal base to new headquarters at 70 Laight St. in lower Manhattan. Additionally, it opened a sales and R&D office in Bangalore, India. Vantrix also has offices in Europe and the Middle East.

COMMENTS? [email protected]

32 | Crain’s New York Business | September 17, 2007 Project2 9/12/07 3:47 PM Page 1

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BUSINESS FOR SALE TELECOMMUNICATIONS Manhattan Hardware Store PUBLIC & LEGAL NOTICES Approximately 8,000 sf. Paint, Plumbing, Electrical, Building Supplies & Janitorial. Notice of Formation of AIKIDO KOKIKAI Notice of Qualification of AG Diversified Notice of Qualification of Credit Suisse GTAA In business over 85 yrs. Long term lease. OF NYC, LLC, a domestic Limited Liability Credit Strategies GP LLC. Authority filed with Global Macro Co-Investors, LP. Authority filed Call between 9–5 Mon–Fri. 201-637-6511 EMERGENCY Company. Arts. of Org. filed with the SSNY Secy. of State of N.Y. (SSNY) on 7/25/07. with Secy. of State of N.Y. (SSNY) on 7/11/07. COMMUNICATIONS on 07/23/07. Office location: New York Office location: NY County. Principal business Office location: NY County. LP formed in BUSINESS MANAGEMENT County. SSNY has been designated as location: 245 Park Avenue, 26th Fl., NY, NY Delaware (DE) on 5/4/07. SSNY designated as SYSTEMS agent upon whom process against the LLC 10167. LLC formed in Delaware (DE) on agent of LP upon whom process against it Business Management Services SPECIALISTS may be served. SSNY shall mail a copy of 6/21/07. SSNY designated as agent of LLC may be served. SSNY shall mail process Cash Management Services ● Bill Payment process to: The LLC, One Penn Plaza - upon whom process against it may be served. to principal business location: c/o DLJ LBO • Suite 2410, New York, NY 10119. Purpose: SSNY shall mail process to: c/o Corporation Plans Management Corporation, 11 Madison Tax & Financial Services ● Financing Assistance FREE PICKUP & DELIVERY • Any Lawful Purpose. Service Company (CSC), 80 State Street, Ave., NY, NY 10010. DE address of LP: c/o (212) 631-9500 ● www.mayercpa.com 48 HOUR Albany, NY 12207. DE address of LLC: c/o Corporation Service Co., 2711 Centerville Rd., TURNAROUND Notice of Formation of Scott Colee LLC, Art. CSC, 2711 Centerville Road, Wilmington, Ste. 400, Wilmington, DE 19808. Name/address ON REPAIRS of Org. filed Sec'y of State (SSNY) 7/17/07. DE 19808. Arts. of Org. filed with DE Secy. of each genl. ptr. available from SSNY. Cert. of Cash Management & CFO Services • FREE ENGRAVING Office location: NY County. SSNY designated of State, Townsend Bldg., Dover, DE 19901. LP filed with DE Secy. of State, 401 Federal St., Purpose: any lawful activity. Dover, DE 19901. Purpose: any lawful activity. • as agent of LLC upon whom process against BUSINESS SERVICES SHORT & LONG it may be served. SSNY shall mail copy of TERM RENTALS process to c/o Golenbock Eiseman Assor Bell Notice of Qualification of MayerCap, LLC, Notice of Qualification of Enclave Capital & Peskoe LLP, Attn: Lawrence R. Haut, 437 filed under the original name Mayer Capital LLC. Authority filed with NY Dept. of State Madison Ave., NY, NY 10022-7302. Purpose: Advisors, LLC, App. for Auth. filed Sec'y on 7/6/2007. Office location: NY County. The largest Motorola Dealer in NY State any lawful activities. of State (SSNY) 5/13/03. Office loc.: NY LLC formed in Delaware (DE) on 5/31/1995. NY Secy. of State designated as agent of 307 Fifth Avenue, NY 10016 County. LLC org. in DE 5/8/03. SSNY Notice of Qualification of Akana Incubator designated as agent of LLC upon whom LLC upon whom process against it may be 212-532-7400 served and shall mail process to the principal www.metrocomradio.com Fund, LP, App. for Auth. filed Sec'y of State process against it may be served. SSNY (SSNY) 12/5/06. Office location: NY County. shall mail copy of process to CSC, 2711 business address of the LLC: 708 3rd Ave., LP org. in DE 12/4/06. SSNY designated as Centerville Rd., Wilmington, DE 19808, NY, NY 10017. DE address of the LLC: 1209 agent of LP upon whom process against it the DE office addr. of LLC. Cert. of Form. Orange St., Wilmington, DE 19801. Arts. of To place your classified may be served. SSNY shall mail copy of on file: SSDE, Townsend Bldg., Dover, DE Org. filed with DE Secy. of State, 401 Federal EVENTS process to Attn: John Bu, 444 Madison Ave., 19901. Purp.: any lawful activities. St., Ste. 4, Dover, DE 19901. Purpose: any lawful activity. SINGLES OVER 40 COCKTAIL PARTY ad call John Gallagher 12th Fl., NY, NY 10022. DE office addr.: c/o CSC, 2711 Centerville Rd., Wilmington, DE Notice of Formation of Oceangate Land FRIDAY, 9/28, 7:00 PM – 10:00 PM Notice of Qualification of 655 FIFTH OWNER Providence, 311 West 57th St, NY 19808. Cert. of LP on file: SSDE, Townsend Holdings L.P. Cert. filed with NY Dept. of State @ 212-210-0189 on 8/17/2007. Office location: NY County. LLC. Authority filed with Secy. of State of N.Y. www.boomerparties.com Bldg., Dover, DE 19901. Name/addr. of each gen. ptr. avail. at SSNY. Purpose: any lawful Secy. of State designated as agent of LP upon (SSNY) on 8/29/07. Office location: NY activities. whom process against it may be served and County. LLC formed in Delaware (DE) on VIDEO PRODUCTION shall mail process to the principal business 8/27/07. SSNY designated as agent of LLC Notice of Formation of Shruti Realty, LLC, Art. address of the LP: c/o Starrett Corp., 70 E. upon whom process against it may be served. of Org. filed Sec'y of State (SSNY) 4/11/07. 55th St., 7th Fl., NY, NY 10022, Attn: Stephen SSNY shall mail process to: c/o Hiro Real Office location: NY County. SSNY designated Salup. Name/address of each genl. ptr. Estate Company, 650 Madison Ave., NY, NY CM A Merchandise & as agent of LLC upon whom process against available from Secy. of State. Term: until 10022, Attn: Frank Ward. DE address of LLC: it may be served. SSNY shall mail copy of 12/31/2032. Purpose: any lawful activity. c/o Corporation Service Company, 2711 process to Myron Kove, Esq., 1199 Park Centerville Road, Ste. 400, Wilmington, DE Television Production Company Ave., Apt. 8F, NY, NY 10128. Purpose: any Notice of Qualification of Harbert Merger 19808. Cert. of Form. filed with DE Secy. lawful activities. Arbitrage and Event Driven GP, L.L.C., App. for of State, 401 Federal St., Ste. 4, Dover, DE Creating Concerts with sponsorship & combining Auth. filed Sec'y of State (SSNY) 11/2/06. 19901. Purpose: any lawful activity. Notice of Qualification of BR 1355 First Avenue, Office location: NY County. LLC org. in DE Television Production & recording on sight. LLC, App. for Auth. filed Sec'y of State (SSNY) 10/31/06. SSNY designated as agent of LLC Notice of Formation of Dorian May LLC. Arts. 6/29/07. Office location: NY County. LLC org. upon whom process against it may be served. of Org. filed with Secy. of State of N.Y. (SSNY) in DE 3/29/07. SSNY designated as agent of SSNY shall mail copy of process to 555 on 8/21/07. Office location: NY County. SSNY DVDs & Cds. LLC upon whom process against it may be Madison Ave., 16th Fl., NY, NY 10022. DE designated as agent of LLC upon whom served. SSNY shall mail copy of process to office addr.: c/o CSC, 2711 Centerville Rd., process against it may be served. SSNY shall c/o Nat. Reg. Agents, 875 Ave of the Americas, Wilmington, DE 19808. Cert. of Form. on file: mail process to principal business location: 347-242-7612 / [email protected] Ste. 501, NY, NY 10001. DE office addr.: 2711 SSDE, Townsend Bldg., Dover, DE 19901. c/o Dorian May, 160 E. 65th St., NY, NY Centerville Rd., Wilmington, DE 19808. Cert. Purpose: any lawful activities. 10021. Purpose: any lawful activity. of Form. on file: SSDE, Townsend Bldg., Dover, Name of LLC: ELISABETH HAHN LLC. Arts. of DE 19901. Purpose: any lawful activities. Notice of Qualification of GE Westbury Holding LLC. Authority filed with Secy. of State of N.Y. Org. filed NY Dept. of State 8/15/07. County REAL ESTATE (SSNY) on 7/11/07. Office location: NY off. loc.: New York Cty. Principal bus loc.: 76 Notice of Formation of 200 West 55th Street, County. LLC formed in Delaware (DE) on W. 86th St., #3D, NY, NY 10024. Sec. of State LLC, Art. of Org. filed Sec'y of State (SSNY) OFFICE SPACE 7/10/07. SSNY designated as agent of LLC designated as agent of LLC upon whom 11/21/05. Office location: NY County. SSNY upon whom process against it may be served. process against it may be served. Sec. of State designated as agent of LLC upon whom SSNY shall mail process to: c/o JPMorgan shall mail a copy of process to c/o Elisabeth process against it may be served. SSNY IMMEDIATE OFFICE SPACE Chase Bank, Attn: Diane McGuire, 345 Park Hahn, 76 W. 86th St., #3D, NY, NY 10024. shall mail copy of process to c/o Dahan & Ave., 8th Fl., NY, NY 10154. DE address of Purpose: any lawful activity. Space by the day, week, month, year and even virtual. Nowick LLP, 1700 Broadway, NY, NY 10019. LLC: Corporation Service Company, 2711 Purpose: any lawful activities. Centerville Rd., Ste. 400, Wilmington, DE Notice of Qualification of Waldo’s $1 Mart, 212.573.0909 19808. Arts. of Org. filed with DE Secy. of LLC. Authority filed with NY Dept. of State on VornadoFurnishedOffices.com Notice of Formation of 142 Wooster Street State, 401 Federal St., Ste. 4, Dover, DE 8/30/07. Office location: NY County. Principal A LLC, Art. of Org. filed Sec'y of State (SSNY) 19901. Purpose: any lawful activity. business address: 831 Pearl St., Boulder, CO 90 Park 909 Third 330 Madison 770 Broadway COMPANY 7/19/07. Office location: NY County. SSNY 80302. LLC formed in Delaware (DE) on designated as agent of LLC upon whom Name of LLC: Safari Global Consulting LLC. 11/17/98. NY Secy. of State designated as OFFICE SPACE process against it may be served. SSNY shall Arts. of Org. filed NY Dept. of State 8/7/07. agent of LLC upon whom process against it Advertise on mail copy of process to c/o Nat. Reg. Agents, County off. loc.: New York Cty. Sec. of State may be served and shall mail process to: c/o 875 Ave of the Americas, Ste. 501, NY, NY designated as agent of LLC upon whom CT Corporation System, 111 8th Ave., NY, NY 212-947-5500 www.newyorkbusiness.com 10001, the Reg. Agt. upon whom proc. may process against it may be served. Sec. of State 10011, registered agent upon whom process be served. Purpose: any lawful activities. shall mail a copy of process to Brian Fortune, may be served. DE address of LLC: 1209 FOR ALL OFFICE, RETAIL & LOFT SPACES c/o Hunter Global Investors L.P., 485 Madison Orange St., Wilmington, DE 19801. Arts. of New York City, Brooklyn, Queens Call John Gallagher Org. filed with DE Secy. of State, P.O. Box 898, 500–50,000 SF Notice of Formation of KAL Realty Partners Ave., 22nd Fl., NY, NY 10022. Purpose: any UNDER MARKET SUBLETS – NO FEE! LLC. Arts. of Org. filed with Secy. of State lawful activity. Dover, DE 19901. Purpose: any lawful activity. Search our listings @ www.midcomre.com @ 212-210-0189 of N.Y. (SSNY) on 8/14/07. Office location: Call Paul 212 947-5500 x 100 NY County. SSNY designated as agent of LLC REQUEST FOR PROPOSALS upon whom process against it may be served. SSNY shall mail process to principal business location: c/o Stuart Rich, Esq., Meister Seelig THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY PUBLIC & LEGAL NOTICES & Fein LLP, 140 E. 45th St., 19th Fl., NY, NY 10017. Purpose: any lawful activity. REQUEST FOR PROPOSALS FOR PERFORMANCE OF EXPERT Notice of Qualification of R-Roof IV, LLC. Notice is hereby given that a License Number PROFESSIONAL REAL ESTATE ADVISORY SERVICES Authority filed with Secy. of State of N.Y. (PENDING) for on-premises has Been applied Name of LLC: 1854 NOYACK PATH LLC. (MBE/WBE) ON A “CALL-IN” BASIS DURING 2007-2008 (SSNY) on 8/2/07. Office location: NY County. for by the undersigned to sell Liquor at retail Arts. of Org. filed NY Dept. of State 5/9/07. Principal business location: 5847 San Felipe, in a Restaurant under the Alcoholic Beverage County off. loc.: Suffolk Cty. Sec. of State The Port Authority of New York and New Jersey is seeking to expand its current roster of Ste. 4650, Houston, TX 77057. LLC formed in Control Law at 2 Lexington Avenue, New York, designated as agent of LLC upon whom Real Estate Advisory firms providing the subject services on an as-needed basis. This Delaware (DE) on 6/11/07. SSNY designated NY 10010 for on-premises consumption. process against it may be served. Sec. of solicitation is intended to identify certified Minority and/or Women Business Enterprise as agent of LLC upon whom process against 2 LEXINGTON AVENUE BAR COMPANY LLC State shall mail a copy of process to: 1854 (MBE/WBE) firms who perform real estate advisory services. Firms interested in being it may be served. SSNY shall mail process to: Noyack Path, Noyack, NY 11963. Purpose: considered for performance of these services on a “call-in” basis during 2007 - 2008 are c/o Corporation Service Company, 80 State Notice of Qualification of SG Mortgage any lawful activity. requested to submit a Proposal in response to the subject Request for Proposal (RFP). These St., Albany, NY 12207. DE address of LLC: Securities, LLC. Authority filed with Secy. of services would typically include real estate market analyses; the assessment and planning 2711 Centerville Road, Ste. 400, Wilmington, State of N.Y. (SSNY) on 6/6/07. Office Notice of Qualification of Palatine Hill of development projects, including physical concepts and feasibility analyses; advice on DE 19808. Arts. of Org. filed with DE Secy. of location: NY County. LLC formed in Delaware Emerging Markets Fund, LP, App. for Auth. negotiating and structuring relationships with developers and other potential business partners; State, 401 Federal St., Ste. 4, Dover, DE (DE) on 5/17/05. SSNY designated as agent filed Sec'y of State (SSNY) 4/23/07. Office advice on leasing and marketing strategies and property management issues; and analyses 19901. Purpose: any lawful activity. of LLC upon whom process against it may be location: NY County. LP org. in DE 4/20/07. of real estate-related issues as required to formulate economic development policy. served. SSNY shall mail process to: c/o CT SSNY designated as agent of LP upon whom Name of LLC: Uphook filed Ny. dept of state Corporation System, 111 8th Ave., NY, NY process against it may be served. SSNY shall Firms on the current “call-in” list do not need to respond to this RFP. 05/31/07. County of New York sec. of state 10011, registered agent upon whom process mail copy of process to 600 Fifth Ave., 26th designated agent of LLC Upon whom process may be served. DE address of LLC: 1209 Fl., NY, NY 10020. DE office addr.: c/o CSC, A copy of this RFP will be furnished to interested firms upon request at [email protected]. against it may be served, secretary of state Orange St., Wilmington, DE 19801. Arts. 2711 Centerville Rd., Wilmington, DE 19808. It can also be obtained directly via download at www.panynj.gov. Upon requesting the Shall mail copy of process to Ice: aka Gayle of Org. filed with DE Secy. of State, 401 Cert. of LP on file: SSDE, Townsend Bldg., RFP, please reference RFP Number: 13971 in the subject line. Your e-mail should include Johnson 130 Jane St. New York 10014. Federal St., Dover, DE 19901. Purpose: all Dover, DE 19901. Name/addr. of each gen. ptr. the following information: firm name, e-mail address, contact person, mailing address and Purpose: any lawful activity. lawful purposes. avail. at SSNY. Purpose: any lawful activities. telephone number. Proposals shall be due on or about October 2, 2007.

34 | Crain’s New York Business | September 17, 2007 nb38p34_35_36cls.qxp 9/13/07 12:48 PM Page 35

PUBLIC & LEGAL NOTICES

Agent of Change LLC. Articles of Organization Notice of Qualification of Source Broadband Notice of Formation of Impark Cadman LLC. Notice of Formation of Olmstead 315 LLC. Notice of Qualification of Moi-Meme Attire, filed with New York Department of State on Services, LLC. Authority filed with Secy. Arts. of Org. filed with Secy. of State of NY Arts. of Org. filed with Secy. of State of N.Y. LLC Authority filed with Sec of State of July 31, 2007. Office Location: New York of State of N.Y. (SSNY) on 7/2/07. Office (SSNY) on 3/3/06. Office location: NY County. (SSNY) on 7/18/07. Office location: NY NY (SSNY)on 6/7/07. Office location: NY County. Secretary of State designated as location: NY County. LLC formed in Delaware SSNY designated as agent of LLC upon whom County. SSNY designated as agent of LLC County. LLC formed in Delaware (DE) on agent of LLC upon who process against it (DE) on 5/15/07. SSNY designated as agent process against it may be served and shall upon whom process against it may be served. 2/13/07. SSNY has been designated as may be served and shall mail process to of LLC upon whom process against it may mail process to: c/o CT Corporation System, SSNY shall mail process to principal business agent upon process against it may be served. Agent of Change LLC, One River Place, be served. SSNY shall mail process to: c/o 111 8th Ave., NY, NY 10011, registered agent location: c/o Olmstead Properties, Inc., 575 SSNY shall mail process to: C/O the LLC, Suite 3122, NY, NY 10036. Purpose: Any CT Corporation System, 111 8th Ave., NY, NY upon whom process may be served. Purpose: 8th Ave., Ste. 2400, NY, NY 10018. Purpose: Business Filings Inc, 108 W 13th St, lawful activity. 10011, registered agent upon whom process any lawful activity. any lawful activity. Wilmington, DE 19801. Principal business may be served. DE address of LLC: 1209 address: 130 7th Ave., No 340, NY, NY 10011. NOTICE OF FORMATION OF LIMITED LIABILITY Orange St., Wilmington, DE 19801. Arts. of Notice of Qualification of Och-Ziff Real Estate Notice of Qualification of DB Midtown TDR Purpose: any lawful purpose. COMPANY. NAME: BLOGGERMED LLC. Org. filed with DE Secy. of State, 401 Federal Management, L.L.C. Authority filed with NY LLC. Authority filed with NY Dept. of State on Articles of Organization were filed with the St., Ste. 4, Dover, DE 19901. Purpose: all Dept. of State on 5/29/07. Office location: NY 12/26/06. Office location: NY County. LLC Notice of Formation of Royal Field Management Secretary of State of New York (SSNY) on lawful purposes. County. Principal business address: 9 W. formed in Delaware (DE) on 12/11/06. NY Company LLC. Arts. of Org. filed with Secy. 08/15/07. Office location: New York County. 57th St., NY, NY 10019. LLC formed in Secy. of State designated as agent of LLC of State of N.Y. (SSNY) on 11/17/06. Office SSNY has been designated as agent of the Notice of Qualification of Seidman Private Delaware (DE) on 11/14/03. NY Secy. of upon whom process against it may be served location: NY County. SSNY designated as LLC upon whom process against it may be Advisors, LLC. Authority filed with Secy. of State designated as agent of LLC upon whom and shall mail process to: 1345 Ave. of the agent of LLC upon whom process against it served. SSNY shall mail a copy of process State of N.Y. (SSNY) on 7/24/07. Office process against it may be served and shall Americas, 46th Fl., NY, NY 10105, principal may be served. SSNY shall mail process to: to the LLC, c/o Peter Juhng, 7 Dogwood location: NY County. LLC formed in Delaware mail process to: c/o CT Corporation System, business address of the LLC. DE address of Royal Field, LLC, 164 W. 128 St., Ste. 1C, Lane, Tenafly, New Jersey 07670. Purpose: (DE) on 4/21/04. SSNY designated as agent 111 8th Ave., NY, NY 10011, registered agent LLC: National Corporate Research, Ltd., 615 NY, NY 10027. Purpose: any lawful activity. For any lawful purpose. of LLC upon whom process against it may upon whom process may be served. DE S. DuPont Hwy., Dover, DE 19901. Cert. of be served. SSNY shall mail process to: c/o address of LLC: The Corporation Trust Co., Form. filed with DE Secy. of State, Div. of Notice of Qualification of Roundtable Notice of Qualification of Crestview Partners Corporation Service Co. (CSC), 80 State St., 1209 Orange St., Wilmington, DE 19801. Corps., Townsend Bldg., Dover, DE 19901. Managers LLC. Authority filed with Secy. of TE (Outbound), L.P. Authority filed with NY Albany, NY 12207. DE address of LLC: c/o CSC, Arts. of Org. filed with DE Secy. of State, Purpose: any lawful activity. State of N.Y. (SSNY) on 6/28/07. Office Dept. of State on 7/31/07. Office location: 2711 Centerville Rd., Ste. 400, Wilmington, Townsend Bldg., Dover, DE 19901. location: NY County. LLC formed in Delaware NY County. LP formed in Cayman Islands DE 19808. Arts. of Org. filed with DE Secy. Purpose: any lawful activity. Notice of Qualification of North Hill Holding (DE) on 9/15/06. SSNY designated as agent (CI) on 10/24/06. NY Secy. of State designated of State, Townsend Bldg., Dover, DE 19901. of New York, LLC. Authority filed with NY of LLC upon whom process against it may be as agent of LP upon whom process against Purpose: any lawful activity. Notice of Qualification of Hawkshaw Capital Dept. of State on 8/3/07. Office location: NY served. SSNY shall mail process to: 280 Park it may be served and shall mail process to Partners, LP, App. for Auth. filed Sec'y of State County. LLC formed in Delaware (DE) on Avenue, NY, NY 10017. DE address of LLC: the principal business address of the LP: Notice of Qualification of Invus Advisors, (SSNY) 2/7/03. Office location: NY County. LP 7/16/07. NY Secy. of State designated as 2711 Centerville Rd., Ste. 400, Wilmington, 667 Madison Ave., 10th Fl., NY, NY 10021. L.L.C. Authority filed with NY Dept. of State on org. in DE 2/6/03. SSNY designated as agent agent of LLC upon whom process against it DE 19808. Cert. of Form. filed with DE Secy. CI address of LP: c/o M&C Corporate 8/23/07. Office location: NY County. Principal of LP upon whom process against it may be may be served and shall mail process to of State, P.O. Box 898, Dover, DE 19903. Services Ltd., P.O. Box 309GT, Ugland business address: 750 Lexington Ave., NY, NY served. SSNY shall mail copy of process to the principal business address of the LLC: Purpose: any lawful activity. House, S. Church St., George Town, Grand 10022. LLC formed in Delaware (DE) on Attn: Frank Byrd, 400 Madison Ave., NY, NY 51 E. 42nd St., Ste. 300, NY, NY 10017. DE Cayman, CI. Name/address of genl. ptr. 3/13/03. NY Secy. of State designated as agent 10017. DE office addr.: c/o CSC, 2711 address of LLC: c/o The Corporation Trust Notice of Qualification of VII West 75th Street available from SSNY. Cert. of LP filed with of LLC upon whom process against it may be Centerville Rd., Wilmington, DE 19808. Cert. Co., 1209 Orange St., Wilmington, DE 19801. Owner, LLC, App. for Auth. filed Sec'y of State Registrar of Exempted LPs, Citrus Grove served and shall mail process to: c/o CT of LP on file: SSDE, Townsend Bldg., Dover, Arts. of Org. filed with DE Secy. of State, (SSNY) 7/26/07. Office location: NY County. Bldg., George Town, Grand Cayman, CI. Corporation System, 111 8th Ave., NY, NY DE 19901. Name/addr. of each gen. ptr. avail. 401 Federal St., Dover, DE 19901. Purpose: LLC org. in DE 7/3/07. SSNY designated as Purpose: any lawful activity. 10011, registered agent upon whom process at SSNY. Purpose: any lawful activities. any lawful activity. agent of LLC upon whom process against it may be served. DE address of LLC: 1209 may be served. SSNY shall mail copy of Name of Foreign LLC: Helmut Lang LLC (Fict. Orange St., Wilmington, DE 19801. Arts. of Notice of Formation of MATTERMINDS Notice of Qualification of BREOF BNK2 New process to c/o Nat. Reg. Agents, 875 Ave of Name: Helmut Lang New York LLC). Appl. for Org. filed with DE Secy. of State, 401 Federal SEARCH LLC. Arts. of Org. filed with the York LLC. Authority filed with NY Dept. of the Americas, Ste. 501, NY, NY 10001, the Auth. filed NY Dept. of State: 6/27/07. Jurisd. St., Ste. 4, Dover, DE 19901. Purpose: any Secy. of State of NY (SSNY) on 7/19/07. State on 8/1/07. Office location: NY County. Reg. Agt. upon whom proc. may be served. and date of org.: DE 3/13/06. County off. loc.: lawful activity. Office location: NY County. SSNY designated Principal business address: 3 World Financial DE office addr.: 160 Greentree Dr., Ste. 101, New York County. Princ. bus. loc.: 38 as agent of LLC upon whom process against Ctr., 3rd Fl., NY, NY 10281. LLC formed in Dover, DE 19904. Cert. of Form. on file: Gansevoort St., NY, NY 10014. Sec. of State Notice of Qualification of Dry Brook Credit it may be served and shall mail process to: Delaware (DE) on 7/24/07. NY Secy. of State SSDE, Townsend Bldg., Dover, DE 19901. designated as agent of foreign LLC upon The LLC, 173 East 74 th Street, 3A, New York, designated as agent of LLC upon whom Purpose: any lawful activities. whom process may be served. The Sec. of Opportunities, LP, App. for Auth. filed Sec'y of State (SSNY) 6/25/07. Office location: NY 10021. Purpose: any lawful activity. process against it may be served and shall State shall mail copy of process to the LLC: mail process to: c/o CT Corporation System, NOTICE OF FORMATION OF LIMITED 38 Gansevoort St., NY, NY 10014. Addr. of NY County. LP org. in DE 2/26/07. SSNY Notice of Formation of Michael Andrews 111 8th Ave., NY, NY 10011. DE address of LIABILITY COMPANY. NAME: PINE 3103, foreign LLC in DE is: c/o National Corporate designated as agent of LP upon whom LLC, Art. of Org. filed Sec'y of State (SSNY) LLC: 1209 Orange St., Wilmington, DE 19801. LLC. Articles of Organization were filed Research, Ltd., 615 South DuPont Hwy., process against it may be served. SSNY 3/14/06. Office location: NY County. SSNY Arts. of Org. filed with DE Secy. of State, 401 with the Secretary of State of New York Dover, DE 19901. Auth. office in DE where shall mail copy of process to Attn: Tanya designated as agent of LLC upon whom Federal St., Dover, DE 19901. Purpose: any (SSNY) on 02/17/06. Office location: New Cert. of Form. filed: Sec. of State of DE, John Pulver, 400 Madison Ave., Ste. 5D, NY, NY process against it may be served. SSNY lawful activity. York County. SSNY has been designated G. Townsend Bldg., Dover, DE 19901. 10017. DE office addr.: c/o CSC, 2711 shall mail copy of process to Michael Brian as agent of the LLC upon whom process Purpose: any lawful activity. Centerville Rd., Wilmington, DE 19808. Cert. of LP on file: SSDE, Townsend Bldg., Dover, Mantegna, 90 Clinton St., Ste. 2H, NY, NY Notice of Qualification of , LLC. against it may be served. SSNY shall mail a DE 19901. Name/addr. of each gen. ptr. avail. 10002. Purpose: any lawful activities. Authority filed with Secy. of State of N.Y. copy of process to the LLC, c/o VL Owners, Notice of Formation of Kusa Makura LLC. Arts. (SSNY) on 6/28/07. Office location: NY Inc., ATTN: Sergei Perotine, Manager, 8 of Org. filed with Secy. of State of N.Y. (SSNY) at SSNY. Purpose: any lawful activities. NOTICE OF QUALIFICATIONS OF West County. LLC formed in Nevada (NV) on Yellowstone Drive, Old Bridge, New Jersey on 8/8/07. Office location: NY County. SSNY Monroe Partners LLC. Articles of Organization 5/11/05. SSNY designated as agent of LLC 08857. Purpose: For any lawful purpose. designated as agent of LLC upon whom Notice of Qualification of Granite Companies filed with the Secretary of State of New York upon whom process against it may be process against it may be served. SSNY shall LLC. Authority filed with Secy. of State of on May 18, 2007. N.Y. Office Location: New served. SSNY shall mail process to: c/o CT ISHIDA/CRANDALL LLC Articles of Org. mail process to principal business location: NY on 01/24/06. Office loc.: NY Co. LLC York County. LLC formed in Delaware on April Corporation System, 111 8th Ave., NY, NY filed NY Sec. of State (SSNY) 7/17/07. Office c/o The LLC, 224 E. 12th St., NY, NY 10003. formed in Delaware (DE) on 11/07/03. SSNY 17, 2002 SSNY has been designated as agent 10011, registered agent upon whom process in NY Co. SSNY desig. agent of LLC upon Purpose: any lawful activity. designated as agent upon whom process against it may be served and shall mail of LLC upon process against it may be may be served. Principal office of LLC: 4700 whom process may be served. SSNY shall Notice of Formation of NR-OT HAND REHAB process to the principal business address of served. The P.O. address to which the SSNY Empire Ave., Burbank, CA 91505. Arts. of mail copy of process to 373 Broadway, PLLC, a Professional Limited Liability the LLC: 214 W. 39th Street, NY, NY 10008. shall mail a copy of any process against the Org. filed with NV Secy. of State, 202 North Ste. D8, NY, NY 10013, which is also the Company. Arts. of Org. filed with the SSNY on DE address of LLC: c/o The Corporation LLC served upon him/her is C/O the LLC: 175 Carson St., Carson City, NV 89701. Purpose: principal business location. Purpose: Any 06/26/07. Office location: New York County. Trust Co., 1209 Orange St., Wilmington, DE W. Jackson Blvd. Suite 2200, Chicago IL all lawful purposes. lawful purpose. SSNY has been designated as agent upon 19801. Cert. of Form. filed with DE Secy. of 60604. The Principal Business Address of the whom process against it may be served. State, 401 Federal St., Dover, DE 19901. LLC is: 175 W. Jackson Blvd. Suite 2200, CHAUFFEURED TRANSPORTATION SSNY shall mail a copy of process to: C/O the Purpose: any lawful activity. Chicago IL 60604. Dissolution date N/A. PLLC, 61-18 190th Street, Suite 201, Fresh Purpose of LLC: Full service technology and business consulting firm. DESTINATION? Meadows, NY 11365. Purpose: To Practice Notice of Qualification of GS Employee Fund The Profession Of Occupational Therapy. 2000 Offshore (Corporate), L.P. Authority filed Notice of Formation of Life Long Fitness Anytime. Anywhere. with Secy. of State of N.Y. (SSNY) on 5/16/07. LLC. Arts. of Org. filed with Secy. of State Notice of Formation of Paul Devlin Productions, Office location: NY County. LP formed in of NY (SSNY) on 7/18/07. Office location: LLC. Arts. of Org. filed with Secy. of State Cayman Islands (CI) on 8/1/00. SSNY NY Co. SSNY designated as agent of LLC Business Meetings and Events, of N.Y. (SSNY) on 8/13/07. Office location: designated as agent of LP upon whom process upon whom process against it may be served. Road Shows, and 18-hour days; NY County. SSNY designated as agent of against it may be served. SSNY shall mail SSNY shall mail process to: The LLC, 56 LLC upon whom process against it may be process to: 85 Broad St., NY, NY 10004. CI we know where you’re coming from Ludlow St., 2nd Fl, NY, NY 10002. Purpose: served. SSNY shall mail process to: c/o address of LP: c/o M & C Corporate Services any lawful activities. and we know how to get you there. Cowan, DeBaets, Abrahams & Sheppard Ltd., P.O. Box 309GT, Ugland House, South LLP, Attn: Robert I. Freedman, 41 Madison Anytime. Anywhere. Church St., George Town, Grand Cayman, CI, Notice of Qualification of Embassy House Ave., 34th Fl., NY, NY 10010. Purpose: any BWI. Name/address of each genl. ptr. available lawful activity. Owner LLC. Authority filed with Secy. of State from SSNY. Cert. of LP filed with Registrar of of N.Y. (SSNY) on 7/18/07. Office location: NY Commonwealth Worldwide provides Exempted LPs, Elizabethan Sq., 4th Fl., Phase Notice of Formation of Project Graphic County. LLC formed in Delaware (DE) on premium chauffeured transportation Four, George Town, Grand Cayman, CI. 7/16/07. SSNY designated as agent of LLC Management LLC. Arts. of Org. filed with NY Purpose: any lawful activity. services for discriminating corporate Dept. of State on 7/19/07. Office location: NY upon whom process against it may be served. County. Secy. of State designated as agent of SSNY shall mail process to principal office clients including senior executives, LLC upon whom process against it may be Notice of Formation of Flamengo Partners address of LLC: c/o National Registered and private aviation passengers. served and shall mail process to: McBreen & LLC. Arts. Of Org. filed with Secy. of State of Agents, Inc., 875 Ave. of the Americas, Kopko, 110 Summit Ave., Montvale, NJ N.Y. (SSNY) on 07/20/2007. Office location: Ste. 501, NY, NY 10001, the registered 07645. Purpose: any lawful activity. New York County. SSNY designated as agent agent upon whom process may be served. Celebrating Our 25th Year of LLC upon whom process against it may be Arts. of Org. filed with DE Secy. of State, 1982-2007 Notice of Formation of Sunshine Entertainment served. SSNY shall mail process to: c/o Gallet 401 Federal St., Ste. 4, Dover, DE 19901 Group (NY), LLC. Arts. of Org. filed with Secy. Dreyer & Berkey, LLP, 845 Third Avenue, 8th Purpose: real estate investment. of State of N.Y. (SSNY) on 6/1/07. Office Floor, New York, NY 10022-6601- Att: David location: NY County. SSNY designated as L. Berkey, Esq. Purpose: any lawful activity. Notice of Formation of LK 530 LLC. Arts. of agent of LLC upon whom process against it Org. filed with Secy. of State of N.Y. (SSNY) may be served. SSNY shall mail process to: Notice of Qualification of Insight Venture on 7/18/07. Office location: NY County. c/o Bruce Lipnick, 800 Third Avenue, NY, NY Partners VI (Co-Investors), L.P. Authority filed Principal business location: 737 Park Ave., NY, 10022. Purpose: any lawful activity. with Secy. of State of NY (SSNY) on 7/11/07. NY 10021. SSNY designated as agent of LLC Office location: NY County. LP formed in upon whom process against it may be served. EMERALD GREENE, LLC App. for Auth. filed Delaware (DE) on 3/29/07. SSNY designated SSNY shall mail process to: c/o Corporation NY Sec. of State (SSNY) 8/12/05, doing as agent of LP upon whom process against it Service Company, 80 State St., Albany, NY business under the fictitious name EMERALD may be served. SSNY shall mail process to: 12207. Purpose: any lawful activity. GREEN NYC. LLC was organized in DE on c/o National Registered Agents, Inc., 875 7/29/05.Office in NY Co. SSNY desig. as agent Avenue of the Americas., Ste. 501, NY, NY VERDE ENVO LLC Articles of Org. filed NY of LLC upon whom process may be served. 10001, also registered agent. DE address of Sec. of State (SSNY) 5/31/07. Off. in SSNY to mail copy of process to c/o DCD LP: 1209 Orange St., Wilmington, DE 19801. Westchester Co. SSNY desig. agent ot LLC The World’s #1 Chauffeured Transportation Company Capital, 57 W. 38th St., NY, NY 10018, which Name/address of genl. ptr. available from upon whom process may be served. SSNY is the principal NY office. Cert. of Org. filed SSNY. Cert. of LP filed with DE Secy. of State, shall mail copy of process to the principal with SSDE, Div. of Corps. 401 Federal St., Ste. Federal & Duke of York Sts., Dover, DE 19901. address of the LLC: 24 Midland Ave, Yonkers, #4, Dover, DE. Purpose: Any lawful purpose. Purpose: any lawful activities. NY 10705. Purpose: Any lawful activity. 866.770.1677 or 718.706.5500 • commonwealthlimo.com

September 17, 2007 | Crain’s New York Business | 35 nb38p34_35_36cls.qxp 9/13/07 12:50 PM Page 36

PUBLIC & LEGAL NOTICES

EPOLOGY LLC, a foreign Limited Liability Notice of Qualification of Emerging Sovereign Notice of Formation of Henpecked LLC. Arts. Notice of Formation of CHASE MARLEY LLC, NOTICE OF FORMATION OF LIMITED LIABILITY Company (LLC) filed with the Sec of State of Fund LP, App. for Auth. filed Sec'y of State of Org. filed with Secy. of State of N.Y. (SSNY) Art. of Org. filed with Sec'y of State of NY COMPANY. NAME: NEWTON INTERNATIONAL NY (SSNY) on 5/04/07. NY office Location: (SSNY) 2/4/02. Office location: NY County. LP on 7/24/07. Office location: NY County. SSNY (SSNY) 07-20-07. Office Location: NY LLC. Articles of Organization were filed with NEW YORK County. SSNY is designated as org. in DE 1/30/02. SSNY designated as agent designated as agent of LLC upon whom process County. SSNY designated as agent of LLC the Secretary of State of New York (SSNY) agent upon whom process against the LLC of LP upon whom process against it may be against it may be served. SSNY shall mail upon whom process against it may be served. on 04/06/07. Office location: New York County. may be served. SSNY shall mail a copy of any served. SSNY shall mail copy of process to process to principal business location: 99 SSNY shall mail copy of process to c/o The SSNY has been designated as agent of the process against the LLC served upon him/her 101 Park Ave., 48th Fl., NY, NY 10178. DE Suffolk St., NY, NY 10002. Purpose: any LLC, 315 E. 65th St., Ste. 1B, NY NY 10065. LLC upon whom process against it may be to THE LLC, 261 BROOME ST., APT. 3A, NEW office addr.: c/o CSC, 2711 Centerville Rd., lawful activity. Purpose: any lawful activities. served. SSNY shall mail a copy of process to YORK, NY 10002. General purposes. Wilmington, DE 19808. Cert. of LP on file: the LLC, c/o Newton Hotel, 2528 Broadway, SSDE, Townsend Bldg., Dover, DE 19901. Notice of Qualification of Chickasaw Capital Notice of Qualification of Shaka Capital New York, New York 10025, ATTN: Linda Notice of Qualification of QSG Management, Name/addr. of each gen. ptr. avail. at SSNY. Management LLC, App. for Auth. filed Sec'y of Holdings, LLC. Authority filed with NY Dept. Talbert and John Pouliot. Purpose: For any L.L.C. Authority filed with Secy. of State of Purpose: any lawful activities. State (SSNY) 4/3/07. Office location: NY County. of State on 8/13/07. Office location: NY lawful purpose. N.Y. (SSNY) on 7/13/07. Office location: NY LLC org. in DE 5/29/03. SSNY designated as County. LLC formed in Delaware (DE) on County. Principal business location: 11th Fl., D BOBER, LLC, a domestic Limited Liability agent of LLC upon whom process against it 8/7/07. NY Secy. of State designated as agent Notice of Qualification of Rex Uniondale Hotel 350 Park Ave., NY, NY 10022. LLC formed in Company (LLC) filed with the Sec of State of may be served. SSNY shall mail copy of of LLC upon whom process against it may be LLC. Authority filed with Secy. of State of N.Y. Delaware (DE) on 3/13/07. SSNY designated NY (SSNY) on 6/04/07. Office Location: NEW process to 277 West End Ave., NY, NY served and shall mail process to the principal (SSNY) on 1/18/07. Office location: NY as agent of LLC upon whom process against YORK County. SSNY is designated as agent 10023. DE office addr.: c/o CTC, 1209 business address of the LLC: 27 Century County. LLC formed in Delaware (DE) on it may be served. SSNY shall mail process to: upon whom process against the LLC may be Orange St., Wilmington, DE 19801. Cert. of Ridge Rd., Purchase, NY 10577, Attn: Arif 1/2/07. SSNY designated as agent of LLC Corporation Service Co., 80 State St., Albany, served. SSNY shall mail a copy of any process Form. on file: SSDE, Townsend Bldg., Dover, Imam. DE address of LLC: c/o Corporation upon whom process against it may be served. NY 12207, registered agent upon whom against the LLC served upon him/her to DAVID DE 19901. Purpose: any lawful activities. Service Co., 2711 Centerville Rd., Ste. 400, SSNY shall mail process to: 625 Reckson process may be served. DE address of LLC: BOBER, 260 WEST 54TH STREET, 39E, NEW Wilmington, DE 19808. Arts. of Form. filed Plaza, Uniondale, NY 11556. DE address of 2711 Centerville Rd., Ste. 400, Wilmington, YORK, NY 10019. General purposes. QUATTRO CONSTRUCTION MANAGEMENT, with DE Secy. of State, 401 Federal St., Ste. 4, LLC: 1209 Orange St., Wilmington, DE 19801. DE 19808. Arts. of Org. filed with DE Secy. LLC, a domestic Limited Liability Company Dover, DE 19901. Purpose: any lawful activity. Cert. of Form. filed with DE Secy. of State, of State, Townsend Bldg., Dover, DE 19901. Notice of Qualification of Municipal Real Estate (LLC). Articles of Organization filed with P.O. Box 898, Dover, DE 19903. Purpose: any Purpose: any lawful activity. Holdings, LLC. Authority filed with Secy. of Secretary of State on 5/29/07. NY Office Notice of Qualification of Blackstone lawful activity. State of N.Y. (SSNY) on 6/11/07. Office location: location: NEW YORK County. Secretary of Mezzanine Capital Commitment Partners II Notice of Qualification of Pinkerton Government NY County. Principal business location: 2929 State is designated as agent upon whom L.P. Authority filed with NY Dept. of State Notice of Qualification of WRA Investments Services, LLC. Authority filed with Secy. of Arch St., 17th Fl., Philadelphia, PA 19104. LLC process against the LLC may be served. on 6/1/07. Office location: NY County. LLC, App. for Auth. filed Sec'y of State (SSNY) State of NY (SSNY) on 8/2/07. Office location: formed in Delaware (DE) on 4/23/07. SSNY Secretary of State shall mail a copy of any Principal business address: 345 Park Ave., 2/10/03. Office location: NY County. LLC org. NY County. LLC formed in Delaware (DE) on designated as agent of LLC upon whom process against the LLC served upon NY, NY 10154. LP formed in Delaware (DE) in DE 1/27/03. SSNY designated as agent of 6/30/89. SSNY designated as agent of LLC process against it may be served. SSNY shall him/her to DAVID LENEFSKY, ESQ., on 5/27/05. NY Secy. of State designated as LLC upon whom process against it may be upon whom process against it may be served. mail process to: c/o Corporation Service 1 COLUMBUS PLACE, S48C, NEW YORK, agent of LP upon whom process against it served. SSNY shall mail copy of process to SSNY shall mail process to: c/o National Company (CSC), 80 State St., Albany, NY NY 10019. General purposes. may be served and shall mail process to: 101 Park Ave., 48th Fl., NY, NY 10178. DE Registered Agents, Inc., 875 Ave of the 12207. DE address of LLC: c/o CSC, 2711 c/o CT Corporation System, 111 8th Ave., office addr.: c/o CSC, 2711 Centerville Rd., NOTICE OF FORMATION OF LIMITED Americas, Ste 501, NY, NY 10001. Address Centerville Rd., Wilmington, DE 19808. Arts. NY, NY 10011, registered agent upon whom Wilmington, DE 19808. Cert. of Form. on file: LIABILITY COMPANY. NAME: PINE 1809, to be maintained in DE: 160 Greentree Dr., of Org. filed with DE Secy. of State, 401 process may be served. DE address of LP: SSDE, Townsend Bldg., Dover, DE 19901. LLC. Articles of Organization were filed Ste 101, Dover, DE 19904. Arts. of Org. Federal St., Ste. 4, Dover, DE 19901. c/o The Corporation Trust Co., 1209 Orange Purpose: any lawful activities. with the Secretary of State of New York filed with DE Secy. Of State, 401 Federal Purpose: any lawful activity. St., Wilmington, DE 19801. Name/address (SSNY) on 02/17/06. Office location: New St., Ste 4., Dover, DE 19901. Purpose: any of genl. ptr. available from NY Secy. of Notice of Qualification of Investor Education York County. SSNY has been designated lawful activities. Notice of Qualification of Rolling Cash Equity State. Cert. of LP filed with DE Secy. of Collaborative, LLC, App. for Auth. filed Sec'y as agent of the LLC upon whom process Group LLC. Authority filed with Secy. of State State, 401 Federal St., Dover, DE 19901. of State (SSNY) 4/16/04. Office location: against it may be served. SSNY shall mail a Notice of Formation of MG Retail LLC. Arts. of of N.Y. (SSNY) on 7/27/07. Office location: Purpose: any lawful activity. NY County. LLC org. in DE 4/1/04. SSNY Org. filed with Secy. of State of NY on 08/26/05. NY County. LLC formed in Delaware (DE) on copy of process to the LLC, c/o VL Owners, designated as agent of LLC upon whom Inc., ATTN: Sergei Perotine, Manager, 8 Office loc.: NY Co. SSNY designated as 7/26/07. SSNY designated as agent of LLC Notice of Formation of Pinky Wolman Designs process against it may be served. SSNY agent upon whom process against it may upon whom process against it may be served. Yellowstone Drive, Old Bridge, New Jersey shall mail copy of process to 17 State St., 08857. Purpose: For any lawful purpose. LLC, Art. of Org. filed Sec'y of State (SSNY) be served and shall mail process to: the SSNY shall mail process to principal business 7/25/07. Office location: NY County. SSNY NY, NY 10004. DE office addr.: c/o CSC, LLC, 214 W. 39th Street, NY, NY 10008. location: Sam Liebman, 1430 Broadway, 14th 2711 Centerville Rd., Wilmington, DE 19808. Notice of Formation of PH II Realty Associates designated as agent of LLC upon whom Purpose: any lawful activity Fl., NY, NY 10018. DE address of LLC: process against it may be served. SSNY shall Cert. of Form. on file: SSDE, Townsend c/o Corporation Service Company, 2711 LLC, Art. of Org. filed Sec'y of State (SSNY) Bldg., Dover, DE 19901. Purpose: any 1/11/01. Office location: NY County. SSNY mail copy of process to 15 Park Ave., #11A, Notice of Formation of T-Parc LLC. Arts. of Centerville Road, Ste. 400, Wilmington, DE NY, NY 10016. Purpose: any lawful activities. lawful activities. Org. filed with Secy. of State of N.Y. (SSNY) 19808. Arts. of Org. filed with DE Secy. of designated as agent of LLC upon whom process against it may be served. SSNY shall on 7/30/07. Office location: NY County. SSNY State, 401 Federal St., Ste. 4, Dover, DE Notice of Qualification of Arnhold and S. Notice of Conversion of Cooperative Equities mail copy of process to Kenneth J. Rosen, designated as agent of LLC upon whom 19901. Purpose: any lawful activity. Bleichroeder Advisers Inc. Diversified Group IV, a partnership, to Cooperative Esq., 67 Wall St., 19th Fl., NY, NY 10005. process against it may be served. SSNY shall International Equity Fund LLC, App. for Auth. Equities IV LLC. Cert. filed with Secy. of State Purpose: any lawful activities. mail process to principal business location: Notice of Formation 441 East 57th Street LLC filed Sec'y of State (SSNY) 5/17/07. Office of NY (SSNY) on 10/22/02. Office location: NY David B. Gardner, Esq., c/o Kline, Gardner & art. of org. filed Secy. of State NY (SSNY) location: NY County. LLC org. in DE 8/6/02. County. SSNY designated as agent of LLC O’Connor, P.C., 96 Middle St., Gloucester, MA 10/31/05. Off. loc. in NY Co. SSNY designated Notice of Qualification of KFGF Management, upon whom process against it may be served LLC. Authority filed with Secy. of State of SSNY designated as agent of LLC upon 01930. Purpose: to own real estate. as agent of LLC upon whom process may be whom process against it may be served. and shall mail process to: Philip Brody, c/o served. SSNY shall mail copy of process to: N.Y. (SSNY) on 8/1/07. Office location: NY Time Equities, Inc., 55 5th Ave., 15th Fl., County. Principal business location: 787 SSNY shall mail copy of process to Attn: Notice of Formation of 37-24 24th Street Flank Management LLC, Attn: Jonathan Kully, Mark Goldstein, 1345 Ave of the Americas, NY, NY 10003, registered agent upon Member LLC. Arts. of Org. filed with NY Dept. 548 West 28th Street, NY, NY 10022. Purpose: Seventh Ave., 6th Fl., NY, NY 10019. LLC whom process may be served. Purpose: formed in Delaware (DE) on 6/27/07. SSNY NY, NY 10105. DE office addr.: c/o CTC, 1209 of State on 2/6/07. Office location: NY County. Any lawful purpose. Orange St., Wilmington, DE 19801. Cert. of any lawful activity. Secy. of State designated as agent of LLC designated as agent of LLC upon whom process against it may be served. SSNY shall Form. on file: SSDE, Townsend Bldg., Dover, upon whom process against it may be served Notice of Qualification of Summit Rock DE 19901. Purpose: any lawful activities. Notice is hereby given that a License Number and shall mail process to: c/o Robert Kantor, Diversified Strategies Portfolio, L.P. Authority mail process to: c/o Corporation Service (PENDING) for on-premises has Been applied Esq., 55 5th Ave., 15th Fl., NY, NY 10003, filed with Secy. of State of N.Y. (SSNY) on Company (CSC), 80 State St., Albany, NY for by the undersigned to sell Liquor at retail 12207. DE address of LLC: c/o CSC, 2711 Notice of Qualification of 2500/2700 in a restaurant under the Alcoholic Beverage principal business address of the LLC. 7/30/07. Office location: NY County. LP Westchester Avenue SPE LLC. Authority filed Purpose: any lawful activity. formed in Delaware (DE) on 6/22/07. SSNY Centerville Road, Ste. 400, Wilmington, DE Control Law at 103 Essex Street, New York, 19808. Arts. of Org. filed with DE Secy. of with Secy. of State of N.Y. (SSNY) on 1/18/07. NY 10002 for on-premises consumption. designated as agent of LP upon whom Office location: NY County. LLC formed in Name of LLC: PELLA 166 LLC. Arts. of process against it may be served. SSNY shall State, 401 Federal St., Ste. 4, Dover, DE L.E.S DEVELOPMENT LLC, d/b/a TENEMENT 19901. Purpose: any lawful activity. Delaware (DE) on 12/20/06. SSNY designated Org. filed NY Dept. of State 6/29/07. County mail process to: c/o Corporation Service as agent of LLC upon whom process against off. loc.: New York County. Sec. of State Company (CSC), 80 State St., Albany, NY VENICE II LLC. Arts. of Org. filed with the Notice of Qualification of Turtle Creek it may be served. SSNY shall mail process to: SOS of NY (SSNY) on 7/23/07. Office loc.: designated as agent of LLC upon whom 12207, registered agent upon whom process 625 Reckson Plaza, Uniondale, NY 11556. DE process against it may be served. Sec. of may be served. DE address of LP: CSC, 2711 Investment Advisors, LLC. Authority filed NY County. SSNY designated as agent of with Secy. of State of NY (SSNY) on 7/24/07. address of LLC: 1209 Orange St., Wilmington, LLC upon whom process against it may be State shall mail a copy of process to Centerville Road, Ste. 400, Wilmington, DE DE 19801. Cert. of Form. filed with DE Secy. Handsman & Kaminsky LLP, 600 Lexington 19808. Name/address of each genl. ptr. Office location: NY County. LLC formed in served. SSNY shall mail process to: Irving Delaware (DE) on 3/23/07. SSNY designated of State, P.O. Box 898, Dover, DE 19903. J. Gotbaum, 568 Broadway, Suite 505, New Avenue, 10th Floor, New York, NY 10022. available from SSNY. Cert. of LP filed with Purpose: any lawful activity. Purpose: any lawful activity. DE Secy. of State, 401 Federal St., Ste. 4, as agent of LLC upon whom process against York, NY 10012. Purpose: any lawful activity. Dover, DE 19901. Purpose: any lawful activity. it may be served. SSNY shall mail process to: Kirkpatrick & Lockhart et al, Attn: Holly D. Name of LLC: Vegasoul Capital Management, Notice of Formation of JS 180 Broadway LLC. LLC. Authority filed with NY Dept. of State on Arts. of Org. filed with Secy. of State of N.Y. Notice of Qualification of Blackstone Real Hatfield, Esq, 599 Lexington Ave., NY, NY 10022-6030 . Address of principal office: 301 6/27/07. Office location: NY County. LLC Coming Up (SSNY) on 8/6/07. Office location: NY County. Estate Acquisitions III L.L.C. Authority filed formed in Delaware (DE) on 2/21/07. NY Secy. Principal business location: c/o Wharton with NY Dept. of State on 6/1/07. Office East 75th St., Ste 16E, NY, NY 10021. Arts. of Org. filed with DE Secy. Of State, 401 Federal of State designated as agent of LLC upon on the Calendar Realty, 20 E. 46th St., NY, NY 10004. SSNY location: NY County. Principal business whom process against it may be served and designated as agent of LLC upon whom address: 345 Park Ave., NY, NY 10154. LLC St., Ste 4., Dover, DE 19901. Purpose: any lawful activities. shall mail process to: c/o Business Filings Inc., process against it may be served. SSNY shall formed in Delaware (DE) on 2/19/99. NY 187 Wolf Rd., Ste. 101, Albany, NY 12205, mail process to: Corporation Service Company, Secy. of State designated as agent of LLC registered agent upon whom process may be upon whom process against it may be served Notice of Qualification of First Eagle Value In 80 State St., Albany, NY 12207. Purpose: Biotechnology Fund (QP), LP, App. for Auth. served. DE address of LLC: 108 W. 13th any lawful activity. and shall mail process to: c/o CT Corporation St., Wilmington, DE 19801. Arts. of Org. filed September 24th System, 111 8th Ave., NY, NY 10011, filed Sec'y of State (SSNY) 7/7/05. Office location: NY County. LP org. in DE 7/5/05. with DE Secy. of State, 401 Federal St., Dover, Notice of Formation of Stawski Group, LLC, registered agent upon whom process may DE 19901. Purpose: any lawful act. Corporate Party Guide be served. DE address of LLC: c/o The SSNY designated as agent of LP upon whom Art. of Org. filed Sec'y of State (SSNY) process against it may be served. SSNY shall 7/12/07. Office location: NY County. SSNY Corporation Trust Co., 1209 Orange St., Wilmington, DE 19801. Arts. of Org. filed with mail copy of process to Attn: Daniel Declue, Notice of Qualification of Merrill Lynch designated as agent of LLC upon whom 1345 Ave of the Americas, NY, NY 10105. DE Purchase Price Investment LLC. Authority process against it may be served. SSNY DE Secy. of State, 401 Federal St., Dover, DE 19901. Purpose: any lawful activity. office addr.: c/o CSC, 2711 Centerville Rd., filed with NY Dept. of State on 7/27/07. Office shall mail copy of process to c/o Hofheimer Wilmington, DE 19808. Cert. of LP on file: location: NY County. LLC formed in Delaware October 1st Gartlir & Gross LLP, 530 Fifth Ave., NY, NY Name of LLC: ALEXANDRIA LIND LLC. Arts. SSDE, Townsend Bldg., Dover, DE 19901. (DE) on 6/26/07. NY Secy. of State designated 10036. Purpose: any lawful activities. Latest Fastest Growing of Org. filed NY Dept. of State 6/13/07. Name/addr. of each gen. ptr. avail. at SSNY. as agent of LLC upon whom process against date 12/31/2057. County off. loc.: New York County. Principal Purpose: any lawful activities. it may be served and shall mail process to: Companies bus. loc.: 19 East 95th Street, 3F, New York, 225 Liberty St., 2 World Financial Center, Notice of Qualification of Domino's Pizza NY 10128. Sec. of State designated as agent Notice of Qualification of Centerbridge Capital South Tower, 7th Fl., NY, NY 10281, principal Franchising LLC. Authority filed with NY of LLC upon whom process against it may be Partners PNG-D, L.P. Authority filed with NY business address of the LLC. DE address of Dept. of State on 3/22/07. Office location: served. Sec. of State shall mail a copy of Dept. of State on 8/8/07. Office location: NY LLC: The Corporation Trust Co., 1209 Orange NY County. Principal business address: 24 process to 19 East 95th Street, 3F, New York, County. Principal business address: 375 Park St., Wilmington, DE 19801. Arts. of Org. filed October 8th Frank Lloyd Wright Dr., Ann Arbor, MI NY 10128. Purpose: any lawful activity. Ave., 12th Fl., NY, NY 10152. LP formed in with DE Secy. of State, P.O. Box 898, Dover, 48106. LLC formed in Delaware (DE) on Delaware (DE) on 7/27/07. NY Secy. of State DE 19903. Purpose: any lawful activity. Small Business 3/2/07. NY Secy. of State designated as THE WEINBERG AREYS COVE, LLC, a designated as agent of LP upon whom agent of LLC upon whom process against it domestic Limited Liability Company (LLC) process against it may be served and shall CODEBOX LLC, a domestic Limited Liability may be served and shall mail process to: filed with the Sec of State of NY (SSNY) on mail process to: c/o CT Corporation System, Company (LLC) filed with the Sec of State of c/o CT Corporation System, 111 8th Ave., 6/22/07. Office Location: NEW YORK County. 111 8th Ave., NY, NY 10011. DE address of NY (SSNY) on 1/12/07. NY office Location: NY, NY 10011, registered agent upon whom SSNY is designated as agent upon whom LP: c/o The Corporation Trust Co., 1209 NEW YORK County. SSNY is designated as To place your classified process may be served. DE address of LLC: process against the LLC may be served. SSNY Orange St., Wilmington, DE 19801. agent upon whom process against the LLC 1209 Orange St., Wilmington, DE 19801. shall mail a copy of any process against the Name/address of genl. ptr. available from NY may be served. SSNY shall mail a copy of any ad call John Gallagher Arts. of Org. filed with DE Secy. of State, LLC served upon him/her to THE LLC, 514 Secy. of State. Cert. of LP filed with DE Secy. process against the LLC served upon him/her 401 Federal St., Dover, DE 19901. Purpose: EAST 89TH STREET, NEW YORK, NY 10128. of State, Townsend Bldg., Dover, DE 19901. to C/O THE LLC, 30 VESEY STREET, 11TH FLR., @ 212-210-0189 any lawful activity. General purposes. Purpose: any lawful activity. NEW YORK, NY 10007. General purposes.

36 | Crain’s New York Business | September 17, 2007 Project14 11/21/06 5:40 PM Page 1

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BUSINESS CORPORATE LADDER Aiming for high service marks at revamped Plaza PAGE 41 istockphoto

FALL RITUAL Off the tree fall is just around the Getting the hot tickets corner, and so are some of the area’s best apple farms. Anyone in need of an apple fix Tips for nabbing seats for hit Broadway shows should give the following pick-your-own orchards a try. Each is located no more than an hour from the core of the Big Apple. DR. DAVIES FARM Open daily. Take a break from picking for a hayride or apple cider. Fresh vegetables and farm T-shirts are on hand for purchase, and picking poles are available for the vertically challenged.The cost is $24 for a half-bushel. Congers, N.Y.; www.drdaviesfarm.com PENNINGS ORCHARD Better get picking! The minimum to take home is a half-bushel bag, priced at $20. Children might enjoy the petting zoo or the corn tepee. Pumpkins promised for the end of September. Warwick, N.Y.; www.penningsorchard.com WIGHTMAN’S FARMS Practice scouting skills in the giant corn maze. Picked apples are $1.09 per pound with $11 family membership. Weekends only. Morristown, N.J.; www.wightmansfarms.com WILKENS FRUIT & FIR FARM The pumpkin patch is now open, just in time for jack-o’- lantern season.The cost is $13 for a peck bag and $23 for a half-bushel. Prepicked apples are also for sale. Yorktown Heights, N.Y.; www.wilkensfarm.com STANDING ROOM ONLY: Seats WRIGHT’S APPLE FARM for , with Sample jam, squash and acid- Shuler Hensley and Megan free tomato sauce at the fruit Mullally, are expected to be hard to get. stand. Peck bags are $7 for adults, $3.50 for children. Within driving distance of Adair Vineyards and getty images Brotherhood Winery for those in need of some wine after a BIGGEST DRAWS hard day of picking. Gardiner, BY MIRIAM KREININ SOUCCAR N.Y.; www.eatapples.com Best-sellers for the week ended Sept. 9. —adrianne pasquarelli el brooks is charging a whopping $450 for the best seats at CAPACITY Young Frankenstein, his new Broadway musical. Wicked and Jersey 1 JERSEY BOYS 100% Boys are sold out for months. Even Grease, a poorly reviewed production, is playing to full capacity. 2 WICKED 98% Demand for shows on the Great White Way is so strong right 3 GREASE 89% now that Telecharge launched a Web site this past weekend to 4 SPRING AWAKENING 89% auction off seats to the highest bidders. “More people saw a Broadway show in the past month than in 5 THE LION KING 80% any previous August in history,” says See GETTING on Page 40 Source: The League of American Theatres and Producers istockphoto M September 17, 2007 | Crain’s New York Business | 39 CNYB 09-17-07 A 40 9/13/2007 6:25 PM Page 1

BUSINESS LIVES

on sale in August, ductions like Wicked if they just and there are still show up. Producers generally hold Getting hot tickets great seats left for the up to 20 tickets a show for the press, play’s entire run. special guests or other emissaries. Continued from Page 39 Cyrano de Bergerac— By 6 pm,those seats are handed over Nancy Coyne, chief executive of 1. Buy before with two heavy hit- to the box office for sale if they aren’t Serino Coyne Inc., an ad agency ters, Jennifer Garner used. Cancellations are resold then, that promotes the theater industry. the buzz and — too. buck ennis “There are more hits in more hous- many shows,even those with stars, LONG WAIT: Standing in line at the TKTS booth can take hours. begins previews on Disney Theatrical Productions es attracting more people who are fly under the radar screen until re- Oct. 12, and still has releases its premium-priced tickets paying more to see them than ever views come out. It’s hard to believe availability. that didn’t sell on the day of the before.” now, but Jersey Boys had plenty of hit of the spring season after a glow- show and offers them online at reg- So how can the average New York- available seats before it received a ing review in The New York Times. ular price. “There is a bit of a per- er find a ticket these days without number of strong reviews and word- This fall two major Hollywood 2. Take chances ception that a show is completely breaking the bank or standing in line of-mouth began to spread.Ditto for celebrities are making their Broad- at the box office sold out, but not necessarily,” says at the TKTS booth for three hours? The Pajama Game a few years ago: way debuts and both of their shows David Schrader, managing director Here are a few tips for snagging seats Even with Harry Connick Jr. star- are far from sold out. Tickets for intrepid theatergoers can get of Disney. to the hottest shows in town. ring, the musical only became the Pygmalion with Claire Danes went lucky even for wildly popular pro- 3. Go to the best Web sites a number of discount-ticket sites have emerged online in the past few years. One, BroadwayBox.com, con- sistently wins raves from insiders. The site acts as a kind of clearing- house, posting all reduced-price You provide offers, including those from its competitors. Consumers forward discount codes to the site that fi nancial reports. they’ve received or found elsewhere. Every week, BroadwayBox e-mails a newsletter to members listing the best deals. BroadwayBox also lists tickets to “sold out” shows for sale by brokers. Unlike other sites, however, it lists the exact seat location and the face value of the ticket. Prices aren’t as high as one would think, either: A recent search found a pair for Wicked, center orchestra, on a Tues- day night for $152 each. Other noteworthy sites include .com, which e-mails special offers to members every day, and TheaterMania.com. 4. Put together a group We provide group sales box office sells tick- ets to groups with as few as 15 people.Hits like Jersey Boys often re- direct reports. lease blocks of tickets to the group sales agents before the gener- We deliver the skilled candidates you need – fi nancial al public. One caveat is that you need to Recognized as one of the 400 professionals who are matched to your job requirements. plan far in advance: Jersey Boys is No fi rm has a network as far-reaching as Robert Half Best Big Companies in America by currently booking groups for next Finance & Accounting, with immediate access to over Forbes magazine for the sixth year. fall. 2 million fi nancial professionals. And no fi rm is more skilled at putting experienced people at your fi ngertips, 5. Go to a show quickly and cost-effectively. Think of us as your direct right now line for direct reports. ticket sales on broadway plum- meted 20% the week after Labor Day. In fact, September and Octo- ber are two of the slowest months of Midtown, NY • Wall Street, NY • Uniondale, NY • Hauppauge, NY • White Plains, NY • Stamford, CT the year for theater.The tourists are Jersey City, NJ • Paramus, NJ • Parsippany, NJ • Woodbridge, NJ • Princeton, NJ • Mt. Laurel, NJ gone, and people are busy going back to school and work.Many pre- viously sold-out shows suddenly have availability, and some even of- 1.800.474.4253 fer discounts. roberthalf.com Mary Poppins and Spamalot didn’t offer discounts all summer, but both have recently appeared on BroadwayBox.com. Mary Poppins is offering $85 seats from now until Nov. 18 every day except Saturday.

© 2007 Robert Half Finance & Accounting. An Equal Opportunity Employer. 0807-2005 COMMENTS? [email protected]

40 | Crain’s New York Business | September 17, 2007 CNYB 09-17-07 A 41 9/13/2007 6:45 PM Page 1

BUSINESS LIVES CORPORATE LADDER Shane Krige The Plaza’s point man GM preps for reopening and the hiring of an executive chef, a director of security and the rest of PERSONNEL FILE of prestigious icon; the hotel staff. Negotiating with la- bor union officials about which for- ORGANIZATION The Plaza pressed to create mer Plaza workers will return to the TITLE General manager hotel is already proving to be a tricky a 5-star property balancing act. AGE 38 RÉSUMÉ Managing director, BY LISA FICKENSCHER An enormous task Mansion at Turtle Creek in Dallas the pressure to get it right is as hane krige is presiding enormous as the 1 million-square- HOBBY Motocross racing over the most anticipated foot property itself. The Plaza’s FAVORITE CITY London and glamorous hotel open- owner, Elad Properties, is spending ing in the city. But right $400 million to renovate the 100- now, the executive works year-old hotel and convert part of the 150-meter freestyle race.He left Sout of a trailer on Central Park it into luxury residences, while his homeland at 17 to live in Elmi- South and wears a hard hat. maintaining its heritage as a New ra, N.Y., with an aunt, who eventu- In the frantic months before York icon. ally sponsored his parents for their The Plaza reopens, its new general “Failure is not an option,” says green cards.

manager is logging 15-hour days Mr. Krige. He was hired by Fair- Separated from his family for the buck ennis to ensure the hotel’s place among mont Hotels & Resorts, which intervening four years,he supported the handful of five-star properties in holds the contract to operate The himself by mowing lawns and bar- in London, and recommended him The Plaza, he says, similar to that at the city. Plaza, to oversee the 282-room ho- tending. He studied hotel manage- for the job at the Mansion in Dallas. The St.Regis,which boasts 24-hour “I lose sleep thinking about the tel portion of the property.That in- ment at Mercyhurst College in “Now that he is a competitor,” English-style butler service. hotel,” says Mr. Krige, who was cludes 152 hotel condominiums— Pennsylvania and later landed man- jokes Mr. McBride, who is now “I am a service fanatic,” says Mr. most recently the managing director hotel rooms in which investors buy agement jobs at some of the world’s managing director of The Carlyle Krige, who likens the new Plaza to at the five-star Mansion at Turtle a share. most elite hotels, including The in Manhattan,“my help will be dry- The Savoy in London,another Fair- Creek in Dallas. Mr. Krige will likely pull off his Ritz-Carlton Georgetown in Wash- ing up.” mont-managed property. That ho- Mr. Krige’s job is to put all the daunting task, considering what he ington, where he was hired as direc- tel will close in December for a two- pieces in place before The Plaza’s has already accomplished through tor of food and beverage by country- Eloise endures year restoration, and Mr. Krige is debut, which has been postponed raw determination. At 38, he is the man James McBride. mr.krige is coy about the details of already considering offering jobs to until early next year. youngest general manager of such a “Shane was very tenacious his plans for The Plaza,including the Savoy employees. He is making decisions about the significant hotel in the city. about working at the Ritz,” ob- future of impish hotel resident Eloise. “There’s a lot of interest from tea china that will be used in the Born in South Africa,he became serves Mr. McBride. “His tenacity He says that the children’s book them wanting to come to The Palm Court, the monograms for a competitive swimmer early on. At was contagious.” character will live on in the smaller Plaza,” he says. children’s robes—tykes will be one point, he ranked fifth in the Mr. McBride later hired Mr. version of the hotel. There also will dubbed “Prince” and “Princess”— country among children under 12 in Krige to work at Grosvenor House be an extensive butler department at COMMENTS? [email protected]

EXECUTIVE MOVES

ADVERTISING HOSPITALITY & TOURISM Samaniego, 41, was named executive & COMMUNICATIONS New York Hall of Science: Eric Siegel, 50, director, integrated marketing. She had HOT JOBS CoreBrand: Bill Westcott, 37, joined as was promoted to director and chief been integrated marketing director at managing director. He had been a senior content officer from executive vice Wenner Media. manager at Kelley Management president. National Hockey League: Ken Martin,48, WANTED: CHIEF OPERATING OFFICER Consulting Inc. was promoted to vice president, R/GA: Barbara Hamilton, 50, joined as LAW community affairs and diversity ORGANIZATION Women in Need executive creative director. She was Greenberg Traurig: Scott E.Thompson, 49, programming, from senior director. formerly vice president and associate joined as shareholder. He had been a Reuters Media: Stephen Smyth, 32, was JOB DESCRIPTION Responsible for all operations, including overseeing a creative director at Digitas. vice president at GlaxoSmithKline. promoted to senior vice president and 30-person staff and preparing financial information for the organization’s Heller Ehrman: Suzanne Hawkins,51, continues as general manager of media board ARCHITECTURE & DESIGN joined as chief of practice excellence, a for the Americas. SBLM Architects: Edward W. Bredow, 52, new position. She had been a managing Stett Trippe, 34, was promoted to vice MOST IMPORTANT TASKS Operating the organization’s programs and joined as senior project manager. He had director at Huron Consulting Group Inc. president, national advertising sales, services in the most cost-effective manner Katten Muchin Rosenman: been director of New York operations at Heidi J. from director of sales for the Southeast CREDENTIALS NEEDED Proven senior-level management experience; BL Cos. Sorvino, 46, joined as partner. She had and Midwest regions. knowledge of nonprofit sector finances been a partner at Arent Fox. Summit Business Media: Andrew L. EDUCATION LeBoeuf Lamb Greene & MacRae: Hugh Goodenough, 52, joined as president. SALARY Approximately $120,000 Brooklyn College: Gretchen Maneval, 33, McCormick, 62, rejoined as of counsel. He was formerly president of Highline joined as director of the Center for the He had been an executive vice president Media. RECRUITER Phillips Oppenheim Study of Brooklyn. She had been at Scottish Re Group Ltd. DOWNSIDE Navigating the newly formed COO position director of housing development at the Paul Weiss Rifkind Wharton & Garrison: REAL ESTATE Fifth Avenue Committee. David S. Huntington, 40, joined as Malone & Co.: Ellen Israel, 49, UPSIDE Managing a budget in excess of $36 million counsel. He was formerly counsel at the joined as executive vice president. She Founded in 1983, Women in Need serves homeless families and disad- FINANCE & INSURANCE U.S. Securities and Exchange was formerly senior vice president at DBRS: Steven Bavaria, 60, joined as Commission. The Witkoff Group. vantaged women and children. The organization provides programs that managing director, leveraged finance. Steptoe & Johnson: Evan Glassman,42, The Related Companies: Mark include transitional and permanent housing, education, job training, He was formerly a vice president at joined as partner. He had been a partner Boekenheide, 48, was appointed senior domestic violence prevention, counseling, substance abuse treatment Standard & Poor’s. at Piliero Goldstein Kogan & Miller. vice president of hotel development. He and medical services. Michael C. Miller, 46, joined as partner. was formerly vice president of design —KIRA BINDRIM HIGH TECH & NEW MEDIA He had been a name partner at Piliero and construction at Rosewood Hotels Avenue A | Razorfish: Matt Greitzer, 30, Goldstein Kogan & Miller. and Resorts. was promoted to vice president and Sholom & Zuckerbrot: Marc Durst, 48, global discipline lead of search MEDIA & ENTERTAINMENT was appointed managing director. He marketing from national search lead. Alpha Media Group Inc.: Vildia had been president of his own firm, Terri Walter, 37, was promoted to vice Marc Durst Real Estate Co. of advisory services at Geneva Global Inc. Jhirad, 58, joined as vice president for president, advanced marketing Partnership for After School Education: research and evaluation, a newly created solutions, from group director and client EXECUTIVE PROMOTIONS SERVICES Rochelle Wimpfheimer, 62, joined as position. He was formerly vice president partner. The fastest way to get an announcement into American Bible Society: Simon Barnes, executive director. She had been vice for science and research at World Mimeo.com: John Delbridge, 38, was Crain’s is to submit details online. Fill out the form 44, joined as executive vice president, president of youth and family services at Resources Institute. promoted to chief operating officer from at www.NewYorkBusiness.com/submit. The development and marketing. He had the YMCA of Greater New York. —adrianne pasquarelli chief financial officer. Executive Moves column is also available online. been senior vice president and director Rockefeller Foundation: David John and sarah studley

September 17, 2007 | Crain’s New York Business | 41 Project5 9/10/07 11:49 AM Page 1

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BUSINESS LIVES TABLE TALK by Bob Lape lobster, scallop, chicken, steak or vegetable tempura—your choice. BEST OF BOB LAPE They are quite good—not Chinese by a long shot, but then who’s keep- Following are other Asian restaurants ing score? reviewed recently. Something called spicy crispy soft-shell crabs with golden sand Buddakan and Rice Krispie logs must now be 75 Ninth Ave. (between West 15th heading out of season. No loss for a and West 16th streets), Manhattan. silly imbalance of too much cereal (212) 989-6699. A must-see $10 mil- and too little chopped-up crab. lion Asian showplace with far bet- Eight noodle and rice dishes ter mod food and service than one ($12 to $24) offer choices of pork, would expect at a white-hot eatery. seafood or vegetable elements. I like the XO omelet fried rice, a rather Megu MEGU features a Buddha ice sculpture. homey composition with diced pork 62 Thomas St. (between Church in the blend and XO sauce on top. Street and West Broadway), Man- Homey is not a word fitting much hattan. (212) 964-7777. Modern Jap- Mai House ½ of this menu.Consider desserts ($8 to anese cuisine shines in Koji Imai’s 186 Franklin St. (between Hudson $14) such as lemon and olive oil showplace, featuring a Buddha ice and Greenwich streets),Manhattan. pound cake crowned with blood or- sculpture and a Kyoto temple bell. (212) 431-0606. Drew Nieporent ange sorbet, or ca phe sua affogato—a teams with chef Michael Huynh to two-ounce mélange of Vietnamese deliver exciting modern Vietnamese coffee, with coffee and cocoa crunch food in a lively ethnic setting. under condensed milk ice cream. Then there is a sweet called cha cha Klong cha—tea jelly and rose tea ice cream 7 St. Marks Place (between Second under a jasmine tea cracker. and Third avenues), Manhattan. In the final analysis, Wakiya of- (212) 505-9955. An exciting, casual fers plenty of pretension and style, and modern Thai restaurant named with small portions of unevenly for the canals of Bangkok. Klong buck ennis 2 YEARS IN MAKING: The Hotel’s Wakiya is set in a long corridor with black tiles, constructed Asian fusion fare. streams with assertively seasoned black tables and Chinese art. One dish, Fiery Pepper Hunt, requires diners to have dragon DNA. The bar offers interesting signa- dishes and gentle service. ture drinks; decent beers including MAI HOUSE serves modern Vietnamese. the seldom-found Lucky, an Asian- style lager made of rice and Czech hops in Australia;and 90 wines with Megu Midtown some whacking markups. Qupé 845 U.N.Plaza (First Avenue at East Schrager’s 2nd Syrah, store-priced at $14, is $65 at 47th Street), Manhattan. Strictly kosher gift baskets for the holidays, Wakiya. (212) 964-7777. Koji Imai’s second condolence, & year-round events. sensational showcase for sushi,Kobe www.kosherline.com • 888-567-4378 choice fizzles COMMENTS? [email protected] beef and a wealth of wines and sakes. and red tones with shiny black tiles, Asian fusion Wakiya bare-top black tables and atmos- is long on style pheric Chinese art.Two unisex stalls in rest rooms are but two feet from but short on portions; unisex washbasins,a natural if unin- tended meeting place. big wine markups The black-clad staff is large and helpful, advising that food is meant akiya is the first for sharing. If only it were generous Asian restaurant enough for much of that. Modest to to cause Manhat- small sizes dictate that four or five tan buzz in many items should be ordered before rice. months. Open There’s a good deal of cutesy in WAKIYA twoW years after an- the menu. Bang Bang Chicken, for Gramercy Park Hotel nounced a star spot for his Gramer- example, is Wakiya’s version of 2 Lexington Ave. cy Park Hotel, it provides more fiz- sesame chicken. The tiny serving is (between East 21st zle than sizzle. It’s only fair to note thinly julienned chicken breast and and East 22nd streets) that Mr. Schrager’s first choice to cucumber tossed with spicy-sweet (212) 995-1330 develop a signature restaurant for chile sesame sauce. Another of the the site was London restaurateur cold dishes ($6 to $34) with intrigu- Alan Yau. That long-simmering ing flavors but diminutive dimen- CUISINE Chinese food, Japanese union fell through, and the hotelier sions is spicy beef salad with yuzu spin asked Nobu Matsuhisa for a recom- dressing. WINES 90 choices, 15 by the mendation. Warming things up among dim glass “Tokyo-based Yuji Wakiya’s is sum options ($7 to $12) are four the best Chinese food anywhere,” Shanghai soup dumplings. Served DRESS No code was the response.Mr.Schrager went in bamboo steamers, each is trans- NOISE LEVEL Lively to Tokyo, tasted the Shanghai-in- ferred to a soup bowl and pierced to spired cuisine and pronounced it release the broth for drinking. Gin- PRICE RANGE $13-$36 “more original and exotic” than any ger-infused vinegar adds zing to the WINE MARKUP 150%-350% other Chinese food he had ever tast- dumpling skins. CREDIT CARDS ed.A deal was struck for Mr.Wakiya Some of the food gets a laugh, All major to create and monitor the New York whether intended or not.Fiery Pep- RESERVATIONS Recommended menu and the Nobu Management per Hunt is a plateful of peppers, HOURS Dinner, Mon.-Sat., 5:45- Group to run the restaurant. most of which are not for eating un- 11:15 p.m., Sun., 5:45-10:15 p.m. Those running for tables found less you have dragon DNA. Among them on a short leash. Reserve for 6 the smaller hellfire peppers are a = Outstanding p.m. and be told you must be gone handful of long green ones that can = Excellent by 8, when the table is to be turned. not be consumed without a finger on = Very good The Wakiya setting is a long, the 911 redial. Root around under = Good slender corridor decorated in black all the peppers and find nuggets of

September 17, 2007 | Crain’s New York Business | 43 Project1 9/12/07 2:21 PM Page 1

17,282 Square Feet Per Floor

Steve P. Morrows 212 751 5480 [email protected]

David Panzirer 212 883 0526 [email protected]

www.375ParkAvenue.com

All information supplied is from sources deemed reliable and is furnished subject to errors, omissions, modifications, removal of the listing for lease, and including the rates and manner of payment of commissions for particular offerings imposed by principals or agreed to by this the terms of which are available to principals or duly licensed brokers, any square footage dimensions set forth are approximate.