CRAINSNEW YORK BUSINESS

A $2 million toilet is the least of it P. 4 | Albany’s dysfunction explained P. 6 | Mapping Game of Thrones P. 24

NEW YORK BUSINESS®®®® JUNE 26 - JULY 9, 2017 | PRICE $3.00 DOUBLE ISSUE

50 Most Powerful IN NEW YORK

VOL. XXXIII, NOS. 26, 27 WWW.CRAINSNEWYORK.COM Women Our biennial list is as dynamic as the city these business leaders call home. New to the rankings: Sheena Wright (#41), Patricia Wang (#36) and Lorie Slutsky (#18) PAGE 11

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P001_CN_20170626.indd 1 6/23/17 8:18 PM CN018201.indd 1 3/22/17 11:02 AM JUNE 26 - JULY 9, 2017 CRAINSNEW YORK BUSINESS

FROM THE NEWSROOM | JEANHEE KIM | ASSISTANT MANAGING EDITOR IN THIS ISSUE

The girls are all right 4 AGENDA 5 IN CASE YOU MISSED IT EDITING CRAIN’S 50 Most Powerful Women list gave me a Proposal to 6 INSTANT EXPERT lot of food for thought these past few weeks. We started in turn Rikers 7 ENTERTAINMENT into runways April, and the presidential campaign and election were still doesn’t fly very fresh. In moments of doubt, I wondered whether Don- 8 WHO OWNS THE BLOCK with these readers ald Trump’s victory demonstrated that women lack power. 9 VIEWPOINTS The fact that he defeated a smart, capable and experienced FEATURES female candidate even after being caught on tape bragging 11 MOST POWERFUL WOMEN about sexual assault was a particularly bitter pill to swallow. But ultimately I’m an optimist. I have to be, as the mother of two bright grade-school daughters. And working on this project proved reassuring. In meeting after meeting to discuss the more than Ultimately I’m an 100 candidates identified by our reporting team, we optimist. I have debated different kinds of power and how to measure “ it. I was drawn to the stories of women who took risks to be, as the mother that paid off. Look at Gretchen Carlson and Megyn Kel- P. 24 of two bright grade- JONATHAN ROBERTS ly, who imperiled their careers but brought down two school daughters of the most powerful men at Fox News: its pugnacious 24 GOTHAM GIGS founder and its top-rated host. Also inspiring were the 25 SNAPS four local entrepreneur-activists who seized on the an- 27 PHOTO FINISH ger and frustration that many women felt after the elec- tion and chaired the Women’s March on Washington. Millions around the world CORRECTION joined in a global moment of catharsis—one of the largest protests in history. The W train does not run underneath Flatbush The stories of women who achieved power by helping others were particularly Avenue in Downtown Brooklyn. That fact was mis- stated in Asked & Answered, published June 19. compelling. Our three cover subjects embody that ideal. Pat Wang runs Healthfirst, an insurer that covers 1.3 million mostly low-income New Yorkers. Her company’s eye-popping growth in revenue and membership was made possible by the Afford- able Care Act. Lorie Slutsky, president of the New York Community Trust, inspires New Yorkers of all economic means to give and therefore collectively improve the lives of others throughout the city. Sheena Wright, president of the United Way of New York City, represents one of the smallest organizations on the list in terms of financial might. But she is transforming a nearly 80-year-old organization in order to actively address the roots of poverty, and she’s setting measurable goals to help New Yorkers stand on their own two feet. Within all these stories is the idea that time has a dramatic impact on power. ON THE COVER Women move up and down and on and off our list every two years. And power COMPOSITE: BUCK ENNIS pivots. Two of our 50 women were enticed out of retirement to run major New York financial institutions. What I will remind my daughters, and myself, is: Never count yourself out.

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DEADLINE EXTENDED TO JULY 7 Go to CrainsNewYork.com SUBMIT Do you know a whiz CRAIN’S FASTEST- kid in New York City? On GROWING COMPANIES Nov. 27 our 20 Under Each year Crain’s recognizes 20 list will celebrate the > the New York–area companies New York area’s youngest with the highest three-year business brains to have revenue growth rate. launched a career or company. Public and private companies Let us know who should be on with at least $10 million in our 2017 list by visiting revenue are eligible. CrainsNewYork.com/ 20Nominate. To get to know SUBMISSIONS our past honorees go to DUE BY JULY 7 CrainsNewYork.com/ CrainsNewYork.com/Fast50nominate. 20under20. ■ SIGN UP Stay on top of business news Vol. XXXIII, Nos. 26, 27, June 26 - July 9, 2017—Crain’s New York Business (ISSN 8756-789X) is published weekly, except for by subscribing to our email newsletters. double issues the weeks of June 26, July 10, July 24, Aug. 7, Aug. 21 and Dec. 18, by Crain Communications Inc., 685 Third From the Morning 10, which lands in your Ave., New York, NY 10017. Periodicals postage paid at New York, NY, and additional mailing offices. Postmaster: Send address inbox by 8 a.m., to our 4 p.m. Daily Alert, changes to: Crain’s New York Business, Circulation Department, 1155 Gratiot Ave., Detroit, MI 48207-2912. For subscriber service: Call 877-824-9379. Fax 313-446-6777. $3.00 a copy, $99.95 one year, $179.95 two years. our newsletters have you covered. All our (GST No. 13676-0444-RT) ©Entire contents copyright 2017 by Crain Communications Inc. All rights reserved. newsletters are free, except Health Pulse. BUCK ENNIS

June 26, 2017 | CRAIN’S NEW YORK BUSINESS | 3

P003_CN_20170626.indd 3 6/23/17 9:40 PM WHAT’S NEW June 26, 2017

AGENDACity projects should not take forever and a day

very City Council member discovers soon after taking of- fice that public projects take far more time and money than they should. They find as well that no amount of kicking and screaming changes this, even for work funded by their own Ediscretionary dollars in their own districts. Phone calls, hearings, press conferences, reports—nothing makes much difference. Some elected of- ficials attempt to address the underlying problems before giving up and focusing on getting their playground rehabs done before they have to leave COSTLY LOO: This 400-square-foot office. After all, term limits send most of them packing after ... eight years. restroom took the When Councilman David Greenfield was first elected, he resolved to city seven years and $2 million to upgrade all 13 parks and playgrounds in his Borough Park–based district, build. where recreational space is treasured because many large families squeeze into small homes. The councilman told the Parks Department’s borough commissioner is leaving his post in late June on a sour note: A month commissioner of his plans. “He laughed at me,” Greenfield recalled. “He earlier Councilman Brad Lander reported that 44% of current projects said, ‘You cannot fix every park. You don’t understand how long it takes.’ ” with budgets over $25 million are severely late, and 43 of the 44 projects Greenfield does now: A single, 400-square-foot park restroom he fund- that are both way behind schedule and well over budget are managed by ed has cost $2 million. After more than seven years in the works, it is still that agency. In April a Center for an Urban Future analysis of library and not open for business. Yes, Greenfield’s cultural projects found their median con- constituents have been holding it in since One study found library and cultural struction cost was an outrageous $930 per 2010. A frustrated contractor working construction projects cost twice as square foot—about double that of new of- on the job explained one reason why: fice space—and took an average of more “If I want to change a nut, I have to get much as building private office space than four years to complete. Mayor Bill permission­—in writing—from the Parks de Blasio must search far and wide for a Department.” As of June 23 the comfort station was completely built but, commissioner who has the talent and determination to fix this. fittingly, remained closed for lack of a Department of Buildings inspec- Greenfield and other council members have not given up. They recent- tion. “All I wanted to do was spruce it up,” Greenfield said of the old john ly held six hearings, grilling city officials for hours but not seeming to get the city overhauled. “I’ll never fund a bathroom again.” anywhere. A new bill would create a task force to implement soup-to-nuts But a $2 million toilet is the least of it. Most city agencies’ capital work reform of capital projects. That’s great, but legislation should not be neces- is orchestrated by the Department of Design and Construction, whose sary to make the mayor do his job. — THE EDITORS

FINE PRINT Hispanics account for nearly 1 in 5 New Yorkers, but their representation among health care workers is much less: 6.2% of doctors and 6.3% of nurses. Whites, Asians and blacks are overrepresented among nurses. But the biggest discrepancy is among Asian doctors. About one-quarter of physicians in the state are Asian, though Asians are 8.2% of the state population, Center for Health Workforce Studies data show.

BY GERALD SCHIFMAN STATS

MANY NEW YORKERS WHO aren’t living a life of luxury 25 WORDS OR LESS NOBODY HOME need assistance with housecleaning, child care and

home care, but cost stands in their way. AND THE CITY

Portion of state domestic % employers with a household “My new 59 income under $100,000. first name For home care employers, it is 76%.

is Mother. Share of New Yorkers with % % household income under —An MTA subway conductor 31 –40 $100,000 who wish to add describing to The New York hours for their housekeepers and nannies. For 84% of those employers, the expense stops them. Times his recent encounters with commuters frustrated by rampant delays. “His new last name is % Portion of New Yorkers who provide Median annual income unprintable,” the paper added. unpaid care for a disabled senior or for a U.S. home care 18 loved one $13,000 worker

BUCK ENNIS, BLOOMBERG NEWS ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY. SOURCES: Hand in Hand, Paraprofessional Healthcare Institute

4 | CRAIN’S NEW YORK BUSINESS | June 26, 2017

P004_CN_20170626.indd 4 6/23/17 9:35 PM AGENDA ICYMI CRAINSNEW YORK BUSINESS EDITOR IN CHIEF Rance Crain publisher, vp Jill R. Kaplan executive assistant Devin Arroyo, 212.210.0701 EDITORIAL editor Jeremy Smerd De Blasio’s capital managing editor Brendan O’Connor assistant managing editors Erik Engquist, Jeanhee Kim, Robin D. Schatz punishment web editor Amanda Fung copy desk chief Telisha Bryan AYOR BILL DE BLASIO has a short list of art director Carolyn McClain photographer Buck Ennis allies to welcome him when he visits Al- senior reporters Joe Anuta, Aaron Elstein, Matthew Flamm, Daniel Geiger bany. His relationship with Gov. Andrew reporters Rosa Goldensohn, M Cuomo Jonathan LaMantia, Caroline Lewis is famously bad, and Senate Republicans data reporter Gerald Schifman have had it out for him ever since he tried to unseat web producer Peter D’Amato editorial intern Alexandra Semenova them from power in 2014. Only the Democratic- columnist Greg David contributing editors Tom Acitelli, controlled Assembly is ostensibly in his corner. Theresa Agovino, Erik Ipsen, Cara S. Trager The mayor’s weak support in the capital was un- ADVERTISING www.crainsnewyork.com/advertise derscored last Wednesday, when the Legislature ad- advertising director Irene Bar-Am, journed for the year without granting many of his priorities. Among those on the list, the mayor stood to lose control 212.210.0133, [email protected] senior account managers of the city’s school system after lawmakers declined to extend that power past June 30. That raises big questions over Lauren Black, Zita Doktor, Rob Pierce, Stuart Smilowitz, Debora Stein who is going to run a school system whose 1.1 million students make it the nation’s largest. Absent legislation, con- senior marketing coordinator Charles Fontanilla, 212.210.0145 trol reverts to a citywide school board where dysfunction led lawmakers to cede the school system to then-Mayor [email protected] Michael Bloomberg in 2002 and grant a six-year extension in 2009. sales coordinator Devin Arroyo, 212.210.0701, [email protected] De Blasio did persuade the Legislature to raise the number of speed cameras near schools to 290 from 140. Such ONLINE cameras have reduced speeds near schools since the program began in 2013. Still, the city has more than 1,800 general manager Rosemary Maggiore, 212.210.0237, schools, and only 7% of students attend one that has a camera. Adding 150 to deter speeding doesn’t move the nee- [email protected] CUSTOM CONTENT dle much. The mayor also failed to get design-build authority, which would have saved the city money by allowing director of custom content it to combine projects’ design and construction work into one bid. Another defeat was the Legislature’s approval of Patty Oppenheimer, 212.210.0711, [email protected] gravity-knife reform, clearing up language concerning which sorts of folding knives are illegal. The mayor and the multicultural sales manager Giovanni Perla, [email protected] New York Police Department opposed the bill, claiming any changes would put public safety at risk. The legislation senior custom marketing manager Sonia David, [email protected] will head to Cuomo, whose next veto in response to a de Blasio request will be his first in recent memory, if not ever. custom project manager Danielle Brody, The best news for the mayor may be that he has a new person to blame for the subway’s woes—the man he beat for [email protected] EVENTS the mayor’s job back in 2013. Joseph Lhota was nominated and confirmed as chairman of the Metropolitan Trans- www.crainsnewyork.com/events portation Authority last week and is tasked with picking a permanent executive director, perhaps Veronique Hakim, director of conferences & events Courtney Williams, 212.210.0257, the interim chief. — AARON ELSTEIN [email protected] manager of conferences & events Adrienne Yee, [email protected] Signal from above DATA POINT Pickup drop-off events coordinator Ashlee Schuppius, [email protected] For the first time since 9/11, a televi- A RECENT STUDY FROM THE RENT Ride-hailing firm Gett, which acquired AUDIENCE DEVELOPMENT sion signal is once again broadcast- competitor Juno in April, is closing director of audience & content ing from the World Trade Center. GUIDELINES BOARD REVEALED two city offices and laying off 68 work- partnership development Michael O’Connor, 212.210.0738, Spanish-language network Telemundo THAT CITY LANDLORDS’ AVERAGE ers. Both companies are targets of a [email protected] 47 began broadcasting from the spire driver-led lawsuit alleging false adver- OPERATING COSTS JUMPED 6.2% REPRINTS atop 1 World Trade on June 23. tising and securities fraud. reprint account executive Lauren Melesio, LAST YEAR, DRIVEN MAINLY BY A 212.210.0707 Creative diversity solution Sack Fifth Avenue PRODUCTION 7.8% PROPERTY TAX INCREASE. production and pre-press director Before Albany called it a wrap on its Activist investor Land & Buildings In- Simone Pryce legislative session, lawmakers approved vestment Management is questioning if media services manager Nicole Spell a $5 million tax incentive for TV pro- having a department store at Saks Fifth SUBSCRIPTION CUSTOMER SERVICE www.crainsnewyork.com/subscribe duction companies to hire more women Amazon stocks up Avenue’s flagship address “is the best use [email protected] and people of color to write and direct Amazon will soon open a 1 million- of this location.” The hedge fund is pres- 877.824.9379 (in the U.S. and Canada). shows. The bill still needs the governor’s square-foot distribution warehouse on suring Saks’ parent, Hudson’s Bay Co., $3.00 a copy for the print edition; or $99.95 one year, $179.95 two years, for print signature and inclusion in the state bud- Staten Island. The online-shopping be- to either go private or sell off real estate. subscriptions with digital access. get to make the scene. hemoth’s local stock is currently stored to contact the newsroom: www.crainsnewyork.com/staff at a 161,400-square-foot food distri- 685 Third Ave., New York, NY 10017-4024 Money under the mattress bution hub in Bethpage, Long Island, phone: 212.210.0100; fax: 212.210.0799 Casper executives are sleeping better and two smaller Prime Now centers, in Entire contents ©copyright 2017 now that the company has feathered its Manhattan and Sunset Park, Brooklyn. Crain Communications Inc. All rights reserved. ©CityBusiness is a registered finances with a $170 million investment trademark of MCP Inc., used under license round led by Target. This comes on the Still just a fantasy? agreement. heels of Casper’s failed effort to be ac- Fantasy sports betting sites FanDuel and CRAIN COMMUNICATIONS INC. BOARD OF DIRECTORS quired by the retail giant. The online DraftKings will fight the Federal Trade chairman Keith E. Crain mattress seller, currently valued at $750 Commission’s lawsuit that’s blocking president Rance Crain million, is planning an IPO. their planned merger. The California treasurer Mary Kay Crain, Cindi Crain senior executive vp, William Morrow and Washington, D.C., attorneys gener- executive vp, director of strategic Cold shoulder al have joined the FTC in arguing that operations Chris Crain The New York Islanders have yet to find the combined sites would control 90% executive vp, director of corporate operations K.C. Crain any takers for the sale of a 15% ownership of those markets. Circular argument senior vp, group publisher David Klein stake. The lack of interest may stem from The New York Wheel’s developer, vp/production, manufacturing David Kamis Millennial moola chief financial officer Bob Recchia the fact that financial disclosures from Wheel Estate, is suing its builder, chief information officer Anthony DiPonio the owner of Barclays Center, Mikhail Vice Media got a $450 million boost Mammoet-Starneth over demands founder G.D. Crain Jr. [1885-1973] Prokhorov, do not project any revenue from private-equity firm TPG. The dig- for “delay damages.” The country’s chairman Mrs. G.D. Crain Jr. [1911-1996] from the team after the 2018–19 sea- ital media company will use the cash tallest Ferris wheel is expected to secretary Merrilee Crain [1942-2012] son, raising questions about where the to launch Vice Studios, develop more start turning on Staten Island in Islanders will play when the current scripted programming and expand in- April, 18 months behind schedule.

AP IMAGES, NEW YORK WHEEL LLC lease ends. ternational distribution.

June 26, 2017 | CRAIN’S NEW YORK BUSINESS | 5

P005_CN_20170626.indd 5 6/23/17 8:39 PM AGENDA INSTANT EXPERT POLITICS BY ERIK ENGQUIST

Making the sausage, Albany style [in 5 steps]

THE ISSUE THE PLAYERS June marks the end of The “three men the annual legislative in a room”— 1session in Albany, 2roles currently resulting in the fate of played by Gov. An- hundreds of bills being drew Cuomo, Senate decided in the span of a Majority Leader John Flanagan and Assembly Speaker Carl Heastie— few days. Some may be negotiate what bills will be voted upon, all of which pass. Cuomo is informally lumped into a package cynically termed The Big Ugly be- viewed by Albany watchdogs as notoriously secretive: “The curtains cause they represent the trade-offs Republicans and Democrats make are pulled shut tight,” said Blair Horner of good-government group to advance their agendas (though that did not happen this year). Bills Nypirg. Flanagan, whose power in the closely divided Senate hangs can be hidden from the public and even from legislators until they are by a thread every biennial election, aims to protect his GOP members voted upon, leading to bad policy or mistakes that must be corrected from casting votes that hurt their re-election chances and to give them after the next session begins in January. Defenders of the process something to campaign on. He must also reward donors and throw say it appears worse than it is. “The perception is the ‘three men in bones to coalition partner Jeff Klein, head of the Independent Demo- a room (see No. 2, right),’ people don’t know what they’re voting for cratic Conference. The Assembly speaker’s goal is to keep members and everything’s happening at the last minute,” said Jonathan Bing, a of his large conference happy. Special-interest groups, notably unions, lobbyist and a former assemblyman. “But legislators typically spend must be kept well-fed lest they turn on their benefactors. Voters do weeks or months discussing the details of legislation before voting.” count but only those perceived to be paying attention. And there are Reformers don’t buy that. “Issues are talked about throughout the 6,000 registered lobbyists. “The last week of session, they come out year, but the compromises and solutions that are eventually embraced of the woodwork,” said Horner. never see the light of day until it’s 2 o’clock in the morning and they’re voting,” said Dick Dadey, executive director of government-reform group Citizens Union. “It’s not the way a democracy should be run.”

YEAH, BUT... There have been improvements, thanks in large WHAT’S NEXT Bills can be part to technology and public pressure. Empty- seat voting ended 13 years ago in the Assem- Probably not 3 hidden from bly, and receipts are checked to prevent legislators much, save from claiming Albany-related expenses when they for a special the public 5 are elsewhere. And tracking legislation is easier. “I session to extend and even from can set up a system where, if bills move from one mayoral control of legislators until committee to another or are brought up in commit- schools. Reform tee, I get an email alerting me,” Horner said. “In the advocates wanted they are voted old days, you’d have to be there to know it’s even a strong ethics upon, leading happening.” The late-June deadline pressures legislators bill following the corruption convic- to act, because unless a special session is called tions of former Assembly Speaker to bad policy (as probably will be this year), bills die and cannot Sheldon Silver and Senate Majority that must be be reintroduced until January. Bing, who also lobbies Leader Dean Skelos (above) and the corrected later the City Council, said, “It’s a whole different cadence indictments of top Cuomo aides. in Albany when it comes to how government works But those hopes were dashed. “Two because there is a defined end of session.” years of unbelievable scandal and they’re not going to do anything,” marveled Horner. “They’ve decided they’re just going to ride it out.” The governor, like most Americans, has been focused on President Donald SOME BACKSTORY Trump and Congress. If New York is hit with major cuts in federal aid, state Dadey, a fixture among good-government advocates, is even more upset with Albany than usual legislators will reconvene this fall to because last year lawmakers passed a bill that forced charities engaged in nonpolitical activity deal with it. Otherwise they will not 4to make their donors’ names public. He blames Cuomo, calling it “an attempt to silence his make any big changes until 2018, critics by limiting our ability to raise money.” Citizens Union and other affected groups had no chance an election year; proposals to deter to block the bill because its contents were not revealed before it passed and were not apparent even to graft by banning outside income for legislators, who “had no idea what they were voting on,” said Dadey. His group and others are suing lawmakers and making their jobs to overturn it. Cuomo angered legislators as well last year by blocking their first pay raise since full-time have gone nowhere. 1999. They responded by dumping every approved bill on his desk during the Thanksgiving break, leaving the governor just 10 days to go through them all for possible vetoes. Normally he gets them on a schedule he requests, spreading the work over six months. AP IMAGES, BUCK ENNIS

6 | CRAIN’S NEW YORK BUSINESS | June 26, 2017

P006_CN_20170626.indd 6 6/23/2017 1:39:42 PM AGENDA ENTERTAINMENT

When shows wrap, props go to locals, not landfills Producers pick up efforts to curb waste BY MIRIAM KREININ SOUCCAR

hen the canceled ABC series Time Af- which productions help the community in a number SET BREAK: Furniture from Time After Time is loaded into ter Time finished dismantling its sets of ways, including donations. It has given away luxury a Habitat for Humanity truck. at Silvercup Studios North last month, clothes and furniture from Blindspot, Gossip Girl and the production opened up its stor- Gotham. The company declined to provide the value ageW to 20 nonprofits, from city homeless shelters to of the donations. and props were donated during the pilot phase,” said Queens Theatre in the Park, and donated everything A growing number of production companies are a spokesperson for MOME. from wood used to build the sets to a denim jacket making an effort to do good with leftover goods. Set decorator Beth Kushnick got rid of two storage worn by an extra. Last fall the Mayor’s Office of Media and Entertain- spaces’ worth of props for The Good Wife, The Good “We had all these agencies come down, and we ment launched the sustainability initiative NYC Film Fight and Brain Dead in April. For the first time, the opened up the wardrobe room and showed them a Green, which is aimed at reducing the carbon foot- productions gave roughly $50,000 in furniture, lab half-football-field-sized area full of racks of clothes print of New York’s film and television industry. In equipment and books to public schools across the city we needed to give away,” said Dana Kuznetzkoff, the addition to working to save energy, the program urg- through the nonprofit Materials for the Arts. All the producer who oversaw the closing down of the show. es shows to donate sets and props instead of trashing office chairs and courtroom furniture from The Good “Their mouths dropped open.” them. A six-month pilot program with three shows— Wife, which ended its run last year, were given away. Most show producers send props and materials Divorce, Madame Secretary and Sesame Street—re- “We had a fair amount of stuff that had not even to the garbage, but that is changing. In fact, Warner quired the productions to divert 30% of waste in ex- been unpacked from its original boxes,” Kushnick Bros. Television, which produced Time After Time, change for the publicity of having the NY Film Green said. “There is a lot of waste in this industry, and we in 1995 started the program WB Encores, through logo in the credits. “Over 80 pounds of set dressing are working to change that.” ■ Council tiptoes around dance law 1926 rule seen as outdated BY AARON ELSTEIN

ONE EVENING IN 2013 some- one overheard folks talking outside a Williamsburg bar named Muchmore’s and called the police, who ticketed own- er Andrew Muchmore (right) for violating noise laws. Before leaving, an officer checked out the scene inside and found peo- ple dancing to a live band, so Muchmore got slapped with a second ticket for violating a 91-year-old law that per- mits dancing only in licensed cabarets. Muchmore, who is also an attorney, believes the cabaret law violates the First Amendment and has filed a lawsuit against the city. Now his cause has been picked up by a few City Council members. “It is ridic- ulous that in New York City dancing is just as illegal as it was in the fictional movie Footloose,” declared Councilman Rafael Espinal Jr., who said last week that he seeks to introduce a bill that would do away with the cabaret law. The legislation was enacted in 1926, during the Harlem Renaissance, to prevent white and black peo- ple from dancing together. “There has been altogether too much running wild in some of these night clubs,” a City Council committee harrumphed at the time. Over the years the law has been used to close bars deemed objectionable, especially during Mayor Rudy Giuliani’s tenure. Only about 100 businesses have a cabaret license in a city with about 25,000 restaurants and bars, according to city records, but the de Blasio administration hasn’t fined any clubs for violating the cabaret law for at least a year and a half. Former Mayor Michael Bloomberg tried to have the cabaret law abolished at least twice. But commu- nity boards worry that a repeal will mean more clubs playing loud music late at night, with crowds spilling onto the streets. Quality-of-life concerns are why Es- pinal says he has been unable to introduce legislation abolishing the law. “There is major concern in regard to safety,” he said. The de Blasio administration re-

COURTESY OF WB ENCORES, BUCK ENNIS cently proposed creating a nightlife ambassador. ■

June 26, 2017 | CRAIN’S NEW YORK BUSINESS | 7

P007_CN_20170626.indd 7 6/23/17 8:33 PM AGENDA WHO OWNS THE BLOCK REAL ESTATE

Roosevelt Island comes of age The soon-to-open Cornell Tech campus caps decades of change CORNELL TECH

BY TOM ACITELLI

888 MAIN ST. Developer Becker & Becker got he first three buildings at the Cor- 531 MAIN ST. the state’s green light to redevel- nell Tech campus are set to open at op this former mental health fa- the end of the summer, marking the When they transitioned away from cility in late 2004 and completed the state’s Mitchell-Lama program, construction on a 500-unit rental beginning of a new era for Roosevelt Rivercross shareholders initially called the Octagon in 2006, which TIsland after decades of transformation. capped sale prices at 80% of the included 100 apartments desig- Long the site of some of the city’s less appealing market rate of $500 per square nated as affordable. foot to maintain some semblance services, including what was once a smallpox hos- of affordability. That restriction was pital, a former penitentiary and the defunct New dropped at the end of 2015. York City Lunatic Asylum, the 2-mile stretch was taken over by the state in 1969 under a 99-year 595 MAIN ST. lease. Two years later Albany officially changed its The 471-unit Westview rental complex name from Welfare Island to one more likely to voted to exit Mitchell-Lama last year. inspire the kind of development it Negotiations between the limited partnership that owns it and various hoped to engender. 405-455/475-480 MAIN ST. state entities are ongoing. That shift began with the A joint partnership between Hudson opening of four Mitchell-Lama Cos. and The Related Cos. started apartment complexes with 2,000 this nine-building complex, called Riverwalk, during the middle of the price-regulated units. Dubbed the last decade. The seventh building, WIRE buildings, Westview, Is- a 266-unit rental, opened in July land House, Rivercross and East- 2015. In total Riverwalk will include 551-575 MAIN ST. around 2,000 rentals and condos. In This three-building rental view were completed in 1976, the May a 1,433-square-foot condo was complex with 400 units exited same year a tram began serving listed by the Corcoran Group for $2 the Mitchell-Lama program in million, the most expensive listing in as residents’ only direct link to early 2015, converting to a Roosevelt Island’s history (it’s cur- Manhattan. The island’s subway market-rate co-op called the rently under contract). station, now a stop on the F line, Island House. didn’t arrive until 1989. Change was modest for the next few decades, but in December 2013 the shareholders of the Rivercross co-op voted overwhelmingly to exit the state’s Mitchell-Lama housing subsidy program 510-580 MAIN ST. and become the first private, market-rate co-op Brookfield Properties and New on the 148-acre isle. Over the next three years, Jersey-based Urban American the remaining WIRE buildings also opted out of Management own this former Mitchell-Lama rental complex, which Mitchell-Lama and converted to (mostly) mar- is now market-rate. Formerly known ket-rate housing. as Eastview and now dubbed Roos- The most recent 38 sales at Rivercross averaged evelt Landings, it has 1,003 apart- ments. Brookfield bought a majority ■ $932,342. stake in the complex through a $1.04 billion majority-stake buy of the larg- er Urban American portfolio in 2014.

465 MAIN ST. 1 MAIN ST. Weill Cornell Medical College When fully built out in 2043, Cornell owns this 16-story, 136-unit Tech will include 2 million square feet building that houses post- of buildings and 2 acres of open space, doctoral associates and their according to the partnership behind it. families. Weill Cornell and More than 2,000 graduate students will Memorial Sloan Kettering study there—and some will live there Cancer Center also own blocs as well—along with nearly 280 faculty of housing in Riverwalk. and staff. The campus replaced state land and the 9.9-acre Coler-Goldwater Specialty Hospital and Nursing Facility, which was relocated to Harlem. GOOGLE MAPS, MAX TOUHEY

8 | CRAIN’S NEW YORK BUSINESS | June 26, 2017

P008_CN_20170626.indd 8 6/23/2017 1:40:39 PM AGENDA VIEWPOINTS

FROM OUR READERS Don’t make Rikers into a runway

ast week Mayor Bill de Blasio released a 53-page plan to close Rikers Is- Yorkers to work. land. It had just one sentence on what might be done with the land after However, we must Lthe jail is gone (“move municipal functions such as fleet storage from the balance the desire to boroughs to Rikers Island, freeing up space in neighborhoods across the city that make New York an even There is also the con- IN 2011, the Regional Plan could be used for affordable housing”). But other civic and business leaders have more desirable travel cern of linking LaGuar- Association proposed been pondering that question for some time. Several responded to Crain’s Editor destination with the dia’s expansion to the adding runways at JFK Jeremy Smerd’s call to use it for a new LaGuardia Airport runway (“The business necessity to make its closure of Rikers Island. Airport. Although it did case for closing Rikers,” June 19). They were less than enthusiastic about the idea. neighborhoods good I am a strong supporter not happen, to say that it places to live and work. of shutting down the is an impossibility is a bit Nowhere is this more jail. For far too long we of an exaggeration. THE NEED TO EXPAND airport educational uses. Doing energy and cleaning our important than north- have put inmates and The three major New capacity in the region is so would provide sites water, for which Rikers western Queens and corrections officers in York–area airports are clear, but Crain’s creates for desperately needed is perfectly suited. It is a the East Bronx, where an untenable situation close to one another. the misleading impres- industrial facilities, such very imperfect place to hard-working residents in this outdated facility. Another runway any- sion that Regional Plan as renewable energy add a runway. are pummeled by the It is heartening to see a where would add to what Association supports generation and a modern TOM WRIGHT noise, vibration and groundswell of support the Federal Aviation building a new runway wastewater treatment President emissions of low-lying both in government and Administration calls for LaGuardia Airport on plant, that are virtually Regional Plan Association aircraft. It’s hard to in our communities for airspace complexity. The Rikers Island. Our 2011 impossible to locate else- imagine how their lives achieving the long- FAA’s stated goal has study that Crain’s cites where in the city—and LAGUARDIA AIRPORT may nev- would be improved by sought goal of closing been to use NextGen recommended adding would relieve struggling er be a perfect neighbor, adding more flights to Rikers. But linking its technology to make our runways at Kennedy communities burdened but those of us living in our local skies. closure to expansion of airports more efficient and Newark airports, by these noxious uses Queens and the Bronx There are many ways airport runways puts and independent of each not LaGuardia. Simply today. We could com- know we can make it a to improve air traffic the interests of adjacent other, but it has done put, new LaGuardia bine these facilities with better one. and make it easier for neighborhoods at odds the opposite. Having runways would not state-of-the-art, on-site Throughout my time visitors to get to New with the need to reform spent most of my life in add enough capacity. educational institutions in Congress, I have made York. For example, we our corrections system. Flushing, I support the Our report found that and job-training centers this one of my highest should be fully upgrad- The time will come communities’ position, a runway similar to the in an open and accessible priorities by authoring ing air-traffic-control when we can focus on and they are rightfully one presented in Crain’s island with greenways legislation to require air- technologies and invest- what to do with available concerned about airport would add only six to 10 and a memorial. This lines to phase out older, ing in high-speed rail. land in New York City, expansion. In my experi- flights per hour, require would attract students louder aircraft in favor of But allowing higher- but decisions cannot ence, FAA officials do not major operational chang- and professionals from newer, quieter ones and capacity, more frequent come at the expense of think outside the box—­ es at LaGuardia and around the region and by securing funding for or longer-distance flights the New Yorkers who and tend to create new Kennedy and generate the world, creating good a study on the impact of at LaGuardia would hurt call the area surrounding problems in the process conflicts with Newark. jobs for New Yorkers and airplane noise on public already-overburdened LaGuardia home. of resolving old ones. Without those changes, contributing to needed health. communities in my REP. JOE CROWLEY SUSAN CARROLL the runway would not in- scientific and technologi- But I know my district. D-Queens/Bronx Great Neck crease capacity. Contrast cal advancements. constituents agree there that to the options for Building a runway is one sure way to make expanding Kennedy and would miss this unique our local airport a more Newark, which would opportunity while add- burdensome neighbor: create three to seven ing traffic to the airport bringing more flights times more capacity and with the least airspace into our bedroom com- an exponentially greater and land to accommo- munity. This is why I’m economic benefit. date it. And new runways so concerned by calls In addition Newark would come with height to expand LaGuardia to and JFK have superior restrictions, security Rikers Island. road and rail access, are buffers and operational Don’t get me wrong— better suited to cover concerns that would an upgraded airport is the customer base of the reduce other uses on good for New York. For region and don’t require Rikers and in surround- the millions of Ameri- the condemnation of ing neighborhoods. cans and others who visit hundreds of acres of To be clear, we must the Big Apple, LaGuardia land that could be put to expand and modernize is their first impression much better use. our airports and add of our city. They ought to Crain’s failed to men- capacity for significantly be as amazed getting off tion that the Indepen- more flights, which will the plane as they would dent Commission on expand the economy of be walking out onto the New York City Criminal the region and catch us Empire State Building’s Justice and Incarceration up to other world cities. observation deck. I’m Reform, which seeks to Building new runways excited to see our city close the Rikers correc- at Kennedy and New- and state move forward tional facility, identified ark will be difficult but on major infrastructure a second alternative: re- must be done. But we projects that will drive us serving the island for en- have other critical needs, into the 21st century and ergy, environmental and including generating put thousands of New

CRAIN’S WELCOMES SUBMISSIONS to its opinion pages. Send letters to letters@ crainsnewyork.com. Send op-eds of 500 words or fewer to opinion@crainsnewyork. com. Please include the writer’s name, company, address and telephone number.

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June 26, 2017 | CRAIN’S NEW YORK BUSINESS | 9

P009_CN_20170626.indd 9 6/23/2017 5:32:28 PM AGENDA VIEWPOINTS

Missed signals FALLING SHORT The MTA capital plan provides about half Cuomo pays the city’s ancient, malfunctioning subway signal of needed funding in three key areas. system little heed and even less money 100%

AT THE CRAIN’S Real Christie. He killed one proposed tunnel stepped up to meet New York’s mass- Estate Forum June under the Hudson River (steering the transit challenges, but he’s not telling 14, someone with money to road projects) before signing the whole truth. 50% 58% 49% transportation exper- on to another a couple of years later. He The New York City Independent 44% tise pulled me aside. didn’t support a gas-tax increase until Budget Office released figures last week “It’s going to be a the state ran out of money for highways. showing that spending on the crucial tense summer in the “Bridgegate” became emblematic of signal system declined in each of the city,” he said, “with his propensity to use transportation last three capital plans as a percentage 0 GREG DAVID 400,000 angry people of the total. A Citizens Budget SIGNALS SUBWAY POWER getting off the trains Commission report revealed that the CARS SYSTEMS each day.” He was referring to the Commuters’ anger will three components essential to a reliable SOURCE: Citizens Budget Commission commuters from New Jersey and Long subway system—cars, power systems Island derailed by track problems at have political fallout and signals—are all receiving far less Remember the spotlight the governor Penn Station and the 100,000 or more only if voters understand than they need to bring the system into hogged at the beginning of the year, when subway riders who see their commute a state of good repair. the Second Avenue subway opened? disrupted every day by the antiquated the root of the problem: The emphasis has instead been on Just wait for the fanfare when the new signal system. a failure to invest in new transit. The Second Avenue subway Tappan Zee Bridge he commissioned is I think that’s a little hyperbolic, and East Side Access for the Long completed later this year. The problems because suburban commuters aren’t the maintenance that keeps Island Rail Road predate Cuomo, but the transit system is encountering are a sort of people to spark civil unrest. But the system running the cost for both projects combined is direct result of that attitude. Any Trump it will be interesting to see whether their about $15 billion. The new capital plan administration infrastructure plan is anger will have any political fallout. That includes $2 billion for Long Island Rail likely to suffer from the same flaw. will happen only if voters understand resources to advance his political Road expansions championed by the If anything is going to change, voters the root of the problem: a failure to agenda. Though term limits bar Christie governor, who also has green-lighted will have to understand all this and hold invest in the kind of maintenance that from running again, it’s worth noting planning for a Metro-North spur in the politicians like Cuomo responsible. ■ keeps the system running. that his poll ratings are the lowest of any Bronx that would run another billion State aid to New Jersey Transit American governor in 20 years. dollars or so. GREG DAVID blogs regularly at declined by 90% under Gov. Chris Gov. Andrew Cuomo claims he has Politicians always prefer new projects. CrainsNewYork.com.

New Yorkers could see the stars if lawmakers could see the light

Shielding the city’s streetlamps would finally reveal the night sky BY BEN KALLOS

ow many kids grow up in fantastic (inspiring the next Einstein). the heavens can cut energy use by two- na that were here long before we were. the city without realizing Nationwide, we are generating 15 thirds and carbon emissions too. When you can see the stars in their what the night sky really million tons of carbon dioxide and New York City may be the city that full grandeur, it is hard not to be in- looks like? But it’s not inev- spending $3 billion to power street never sleeps, but that spired to learn about our Hitable that this continue for generations lights, which waste more than one- shouldn’t be because of a constellations, to want to come. If only the city would tackle third of their energy lighting up the streetlight outside your to touch them, to real- light pollution. sky instead of the ground, according bedroom window. Black- ize our place in the uni- The potential benefits of reducing to the International Dark Sky Associ- out curtains should not verse. Yet for more than light pollution are enormous, ranging ation. Ensuring that lights are shielded be a must-have accesso- 1 million children here, from the pragmatic (saving energy) to the and pointed so they don’t illuminate ry. Fully shielded light the night sky just isn’t a fixtures would brighten part of growing up. A not only the city’s nights few lucky ones might THIS PHOTO but also its days, as there stumble across an as- CAPTURED Jupiter three planets would be fewer sleep-de- tronomers group at one over the Venus prived New Yorkers walk- of its regular observation skyline, but ing around in a bad mood. nights, but, otherwise, light pollution washes out If our city’s lighting is disturbing the fuhgeddaboudit. most of the sleep of people, imagine what it is do- We can do better. We can pass a law heavens. ing to our wildlife. to fully shield every streetlight. We can Mars Even in New York City you’ll find save energy, sleep and wildlife. We can thousands of species—everything from inspire the next generation. ■ hawks and owls to deer and coyotes. But our light pollution interrupts birds’ City Councilman Ben Kallos, D-Man- migratory patterns, reduces nocturnal hattan, is the sponsor of Intro. 1575- animals’ feeding locations, attracts in- 2017, which would require that any sects to lights rather than to the plants new or replacement light fixture in any that need them for pollination and street light be a full-cutoff light fixture. deprives vegetation of the darkness it He enjoys observing the cosmos with the needs to rest for photosynthesis. We Amateur Astronomers Association of

BCUK ENNIS, ALEXANDER KRIVENYSHEV, WILLIAM ALATRISTE BCUK ENNIS, ALEXANDER KRIVENYSHEV, have a duty to protect the flora and fau- New York.

10 | CRAIN’S NEW YORK BUSINESS | June 26, 2017

P010_CN_20170626.indd 10 6/23/2017 1:42:05 PM SUBJECT | CATEGORY 50 Most Powerful WomenIN NEW YORK s power the same as money? As in uence? To arrive at our biennial ranking of the city’s most powerful businesswom- en, we chose a more nuanced Iapproach. Rather than measuring just Twitter followers or net worth, Crain’s focused on the mix of hard and so power that drives an economy, fuels jobs and keeps the most vibrant yet complex city in the nation humming. Our process involved both art and science. For starters, our editors whit- tled down the list to more than 100 contenders whom we identi ed through our extensive network of industry sources.  en we evaluated the can- didates using three basic criteria: the  nancial size of their organization, their rank within their company and the speci c impact they’ve had on New York City through their professional and personal endeavors. We used those results to determine the rankings. But numbers don’t tell the whole story: By any measure, these women de ne what it means to make it here.

ALICIA GLEN RETAINS her top spot on tives through a prickly City Council. 421-a tax break, now called A ord- ALICIA this year’s list of Most Powerful Women One of them, Mandatory Inclusionary able New York, Glen could surpass the #1 and her in uence has only grown since Housing, requires that a ordable units vaunted housing records set during the 50 2015 GLEN, rank: 1 2015, when she had only a year under be included in any apartment project Koch administration. Deputy Mayor her belt as the deputy mayor in charge that receives a favorable zoning change. In the realm of economic activity and for Housing and of advancing Mayor Bill de Blasio’s She has spearheaded the rezoning of job creation, she is leaving her mark with Economic Development, New signature policy: creating or preserving East New York, where that policy was several major initiatives: a planned inno- York City 10-YEAR HOUSING 200,000 units of a ordable housing. applied, and is currently overseeing vation hub that RAL Development Ser- PLAN BUDGET $41 billion NYC IMPACT About 63,000 apart-  e former Goldman Sachs managing e orts to rezone the Garment District, vices would build in Union Square, shiny ments have been nanced under director has  nanced tens of thousands East Harlem and Jerome Avenue in the new ferries linking four boroughs as her stewardship—enough for more rent-regulated apartments and Bronx, among others. never before, and industrial job clusters

BUCK ENNIS about 163,800 New Yorkers shepherded two citywide zoning initia- With Albany’s resumption of the along the Brooklyn waterfront. — JOE ANUTA

JUNE 26, 2017 | CRAIN’S NEW YORK BUSINESS | 11

P011_CN_20170626.indd 11 6/23/2017 5:33:03 PM P012_P013_CN_20170626.indd 12 50 MOSTPOWERFUL WOMEN

IBM, CBRE, BUCK ENNIS, BRIGITTE LACOMBE, GETTY IMAGES 12 |

CRAIN’S NEWYORKBUSINESS FACTS POWER ROMETTY, VIRGINIA 1 billion consumers. 1 billion a will of more lives than the ect sequencing, genomics cancer in as Watson, using such applications said, has year, Rometty end of this the By customers. with connect and data use education, and cybersecurity banking, including industries, other way the to change promises and medicine of personalized delivery Village. East the in Place on Astor headquarters employees global at its IBM’s Watson 600 Group, has which on she’s betting things, other Among computing. cognitive and intelligence; arti technology; cial chain block and world of the mobile into cloud, giant tech the ushered and businesses gin low-mar- unloaded she has as decline arevenue through IBM led has etty more than charge Rom- ago, ve years businesses. traditional she took Since to its disruptions seismic itors and compet- new with grappled it has as Kettering CancerCenter Board ofManagersMemorialSloan Member oftheBoardOverseersand 2016 REVENUE$79.9billionNYC IMPACT Chairman, presidentandCEO,IBM rank: 5 2015 #2 Watson is already helping in the the in helping Watson already is  company tech h-largest world’s of the helm at the been has Rometty ginia Vir- rankings, CEO in A FREQUENT A-LISTER 2

59 500 companies. 500 companies. for nine womenwhowork Fortune on ourlist.Theyareamongthe 500 CEOs Number ofFortune — JUDITHMESSINA

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JUNE 26,2017

another neighborhood. another on yet her stamp putting makers, Midtown’s new onebe of the deal key to expected widely year, is Tighe last destination. media and arts acreative into Manhattan Trade Lower Center, turn helping World 1 at lease million-square-foot 1 alandmark in represented Condé 2010 In she again area’s revitalization. that seal helped which Square, Times move its to in Nast represented Condé she 1990s late city. the In the reshape have helped that Tighe’sin career improvements. public-space and of transit worth of dollars’ millions of pay for and hundreds skyscrapers of generation a new state-of-the-art later, to spur poised years is six which, plan, rezoning East Midtown of the development. new zonin restrictive problems: Midtown’s estate real ing one of Newwas York’s press- most out she believed pointed what and TIGHE, MARY ANN Board; trustee,St.Patrick’s Cathedral sity RealEstateDevelopmentAdvisory um ofArt;vicechair, ColumbiaUniver- man’s Council,TheMetropolitanMuse- Cancer ResearchFoundation;Chair- New York City;vicechairman,Lung City ScholarshipFund,Partnershipfor NYC IMPACT Boardmember, TheInner- VALUE OFHER2016LEASES$3.1billion Chief executive,tristateregion,CBRE rank: 7 2015 #3 As CBRE’s top global producer CBRE’sAs top global  one is of several at brainchild  seed the at conversationwas ment of City Planning, ment Planning, of City Depart- of the missioner com- the then Burden, Amanda with down sat IN 2011 IN 68 g was strangling strangling g was Mary Ann Tighe Tighe Ann Mary — DANIEL GEIGER FURSTENBERG, DIANE VON Council ofFashionDesignersAmerica berg FamilyFoundation;boardchair, NYC IMPACT Director, Diller–von Fursten- Furstenberg 2015REVENUE$500million Founder anddesigner, Dianevon center Pier 55.center Pier arts performing and park million $200 with setbacks, legal despite ahead, pressing and years; two in at open Hudson Yards will that vation inno- cultural and center for artistic of  board on the serving the eShed, of Liberty; Statue at the museum new for a $100 million raising also She is Line. High donors to biggest the the are Diller, Barry her husband, she and Foundation, Family von Furstenberg Diller– of the directors as posts their From culture. and for arts thropist aphilan- long been has Furstenberg her day hotcolor pink). (beyond scheme and logo, brand’s store design the at work who is updating and received enthusiastically have been lections whose designer Scottish col- rst OCreative a Saunders, Jonathan cer May 2016In she brought on Chief ago. 47 she founded company years for place the in plan a succession empowerment. now She is putting of women’s a symbol became berg rank: 3 2015 #4 A force in NewA force York in since society s going to Studio 54, von 54, to Studio s going AS THE DESIGNER THE AS 1970s, Diane von Fursten- 1970s, Diane the women in of working uniform the became that lege the ndary wrap dress dress wrap ndary — CARAEISENPRESS of of

70 TORY Council ofFashionDesignersAmerica Tory BurchFoundation;boardmember, REVENUE $1billionNYC IMPACT Founder, CEO and designer, Tory Burch2016 Goldman Sachs. Goldman with partnership in run program 140 a from women have graduated more and than companies, to small $25 million lent has moredation than a $10,000 grant 2014. Since foun- the New Yorkers—each of them received Burch line. sport the and presence digital its in reinvest order to in workforce 3,000-strong o laid company the 3% of now its 2015, in launched when line the since have Tory opened Seven outlets Sport Tory 200 worldwide. stores Burch Tory—way.”very  more ere are than authentic—a avery it in doing and to acategory “connecting America, of Designers of Fashion Council the Kolb,Steven president of CEO and abrand,” said to do as continues a billion-dollar business. Tory into have Burch turn helped that rank:6 2015 #5 the Tory Tory  of the 10 year winners is “It’s of she what example agood Foundation’s fellowship—two fellowship—two Foundation’s

BURCH, THE TORY SPORT SPORT TORY THE polished, preppy articles preppy articles polished, other and leggings and dresses tennis elegant sells District Flatiron the in — CARAEISENPRESS 51 store store 6/23/2017 5:34:13 PM COMSTOCK,BETH Design Museum NYC IMPACT Trustee, CooperHewittSmithsonian Innovations 2016REVENUE$119.9billion Vice chair, GeneralElectric;CEO,GEBusiness not “What went wrong?” failure” by asking “What didwe learn?” wrote on medium.com about “embracing with ahypothesis, not agoal.” In May she has): “Projects work out start they when best 92,800 followers (40,000more than Immelt aned audience. She recently tweeted to her $200 million ayear inpromising companies. and GEVentures and Licensing, invests which reinvent one of company’s the core businesses, $3billionthe GELighting, where she must marketing and communications, but also arti intelligence. cial with imbued are objects ordinary even when age, digital for company the industrial an to GE’s ecentral into itself to transform orts have Comstock made performance luster lack- with frustration investor and Immelt services. Je of CEO erecent departure rey for models delivering and markets nesses, As she searches for answers, she’s cultivat- Comstock’s portfolio includes GEsales, BETH COMSTOCK COMSTOCK BETH growth and develop busi- new and growth accelerate she must of transition, 2015. August old At GE in atime of 137-year- chair vice female rst became the the became 57 BETH COMSTOCK, 57 Vice chair, General Electric; CEO, GE Business Innovations 2016 REVENUE $119.9 billion NYC IMPACT Trustee, Cooper Hewitt Smithsonian Design Museum BETH COMSTOCK became the rst female vice chair of 137-year- #6 old GE in August 2015. At a time 2015 rank: 22 of transition, she must accelerate growth and develop new busi- nesses, markets and models for delivering services.  e recent departure of CEO Je rey Immelt and investor frustration with lack- luster performance have made Comstock central to GE’s e orts to transform itself into an industrial company for the digital age, when even ordinary objects are imbued with arti cial intelligence. Comstock’s portfolio includes GE sales, marketing and communications, but also the $3 billion GE Lighting, where she must CARMEN reinvent one of the company’s core businesses, and GE Ventures and Licensing, which invests FARIÑA, 74 $200 million a year in promising companies. As she searches for answers, she’s cultivat- Chancellor, New York City Department 2016 BUDGET ed an audience. She recently tweeted to her of Education $24.3 billion NYC IMPACT 1.1 million students in 92,800 followers (40,000 more than Immelt ANNA roughly 1,800 schools has): “Projects work best when they start out with a hypothesis, not a goal.” In May she WINTOUR, 67 CARMEN FARIÑA runs wrote on medium.com about “embracing Artistic director, Condé Nast the nation’s largest public failure” by asking “What did we learn?” 2015 PARENT COMPANY REVENUE #10 school system. While $8 billion NYC IMPACT Trustee, Metropol- 2015 not “What went wrong?” — JUDITH MESSINA rank: 14 managing that, she itan Museum of Art; co-chair, Costume executed what is arguably Institute gala; founding donor, Youth Anxiety Center at New York-Presbyterian Mayor Bill de Blasio’s most success- ful policy program: establishing free, EVEN AS MEDIA com- full-day prekindergarten for 4-year- pany Condé Nast has olds.  ere are now 69,500 children #9 shuttered titles, its artistic enrolled in the program—triple the 2015 rank: 8 director has gained a new number there were two years ago. In CATHY one: dame, bestowed by fact, it’s such a bright spot that the ENGELBERT, 52 Queen Elizabeth in May. city will begin rolling out a similar  e longtime Vogue editor has ad- program for 3-year-olds this fall. CEO, Deloitte U.S. 2016 REVENUE vised fashion designers, luxury giant But while focusing on giving the NYC IMPACT $18 billion Board member, LVMH and Neiman Marcus. Every city’s youngsters a head start, Fariña Catalyst, a research and advocacy group that focuses on women’s workplace issues spring she presides over New York’s is striving to help students succeed biggest social event: the Metropolitan as they progress through the sys- IN 2015 women Museum’s Costume Institute gala. It tem. Over the past three years, the accounted for less than raised $12 million this year—down Department of Education has added #8 5% of chief executives at from $13.5 million in 2016. scores of art teachers, 250 guidance 2015 rank: 9 S&P 500 companies, Wintour, a fundraiser for Hillary counselors and 100 health profes- MARIANNE according to research Clinton, can also take pride in sionals to improve students’ edu- LAKE, 47 rm Catalyst. So it was encouraging Vogue s p i n o  Teen Vogue, which has cation experience. It appears to be when Deloitte U.S. named Cathy gained wide notice in the past year having an e ect.  e four-year high 2016 CFO, JPMorgan Chase & Co. Engelbert its CEO that year. for its breakout political writing. school graduation rate is at an all- REVENUE $96 billion NYC IMPACT Board member, New York City Ballet Deloitte is the largest of the Big Four “ ey’ve become part of the con- time high, 72.6%, while the dropout accounting rms, with nearly 80,000 versation,” Wintour said in a recent rate is at an all-time low, 8.5%. LAKE TOOK the No. 2 employees, including 10,000 certi ed interview, “in a very original and — THERESA AGOVINO job under CEO Jamie Di- public accountants.  e company wonderful way.” — MATTHEW FLAMM #7 mon at JPMorgan Chase advises 80% of the Fortune 500. 2015 rank: 2 at the beginning of 2013. Revenue grew by 9% last year. It was a di cult time for Engelbert has already made a the bank, which was dealing with big di erence in the lives of many POWER the fallout from a $6 billion trading who work at the rm. Last year she FACTS The number of 2017 Most loss dubbed the London Whale. Her announced that all professionals at Powerful Women who founded record since then has been exempla- Deloitte U.S. would be eligible for 10 ry. She oversees a global organization up to 16 weeks of fully paid leave their own company. that last year generated $25 billion to care for their parents, spouse or in pro ts, the most of any Fortune children. In addition, Engelbert said 500 company except Apple. During mothers would be eligible for up to her tenure the bank’s share price has six months of paid time away a er “I’ve dedicated myself to returned 120%, considerably better giving birth. work so many nights—for than the 80% rate of its peer group. “Leaders o en discuss how they JPMorgan has 250,000 employees can become more innovative,” said years. I’ve paid my dues. and $2.5 trillion in assets. With a Engelbert when she announced the ‘Ambitious’? I take that as market-capitalization value of nearly program. “One of the things that $300 billion, it is the most valuable makes a big di erence is to focus be- a compliment.” nancial institution around. Its more yond business products and services —Tory Burch in Vanity Fair than 33,000 New York–area sta ers and think about their people and the make the bank one of the city’s larg- fabric of organizational culture.” est private employers. — AARON ELSTEIN — AARON ELSTEIN

JUNE 26, 2017 | CRAIN’S NEW YORK BUSINESS | 13

P012_P013_CN_20170626.indd 13 6/23/2017 4:33:05 PM 50 MOST POWERFUL WOMEN

BONNIE HAMMER, 66

Chairwoman, NBCUniversal Cable KATHERINE Entertainment Group 2016 REVENUE LAURA $6 billion NYC IMPACT Hammer will FARLEY, 67 MARYANNE relaunch public-service campaign Erase Chairwoman, Lincoln Center for the FORESE, 55 the Hate this fall. It will include commu- Performing Arts 2016 OPERATING GILMARTIN, 53 Executive vice president and COO, nity programs in New York and other BUDGET $140 million NYC IMPACT New York-Presbyterian 2016 REVENUE cities and programming across all nine Co-chair, International Rescue Commit- President and CEO, Forest City New networks in her portfolio. tee; trustee, The Rockefeller University York 2016 NET OPERATING INCOME $230 $7.8 billion NYC IMPACT New York- Presbyterian treats more than 4 million and the Andrew W. Mellon Foundation million NYC IMPACT Member, Executive TWO THINGS patients every year and has about have been Committee and Board of Governors, Real KATHERINE FARLEY 39,000 employees. true about the cable Estate Board of N.Y.; co-chair, Brooklyn #13 television business for retired as senior manag- Downtown Partnership; board member, DR. LAURA FORESE 2015 some time: Ratings keep #14 ing director at Tishman BAM and N.Y. Public Radio rank: 16 2015 has helped lead New falling, and Bonnie Ham- rank: 11 Speyer last year, but her WHEN THE NEXT BOOK #12 York-Presbyterian in an mer keeps winning. With the help in uence as one of the 2015 on Brooklyn’s rebirth is rank: 24 expansion beyond its of USA Network, which has been city’s major cultural and econom- #11 written, it will certainly two main Manhattan the top- rated ad-supported cable ic forces remains formidable. As 2015 rank: 17 have a chapter on Mary- campuses—Columbia and Weill entertainment channel since 2006, chairwoman for the past eight years Anne Gilmartin. Cornell—and further into the city’s Hammer has delivered pro t and at Lincoln Center for the Performing As head of Forest City, Gilmartin diverse neighborhoods. revenue increases for NBCUniversal Arts, Farley has been instrumental has spearheaded the development of Forese has overseen NYP’s growth Cable Entertainment Group for 13 in the $1.2 billion renovation of the Paci c Park, a 22-acre mixed-used into a $7.8 billion, 10-hospital system, consecutive years. 16-acre campus that is nearing its development that is  nally taking including the December acquisition Last year both revenue and conclusion with the refurbishment shape a er years of controversy and of New York Methodist Hospital in pro t for the cable division showed of David Ge en Hall, for which she delays. Within the past nine months, Park Slope. And she has taken on mid-single-digit percentage increases helped secure a $100 million gi from two apartment buildings have opened responsibility for the entire system’s over the previous year, according to the entertainment mogul. at the complex: One is 100% a ord- operations a er the 2015 departure of a person familiar with the numbers. Farley stepped in to steer the insti- able, and the other is the world’s NYP President Dr. Robert Kelly. Revenue came to $6 billion, and tution when President Jed Bernstein tallest modular residence. Last year Under Forese, a pediatric ortho- pro t totaled $2.8 billion. abruptly resigned last year, and she Forest City announced a partnership pedic surgeon, the health system has One secret to Hammer’s success: shepherded Debora Spar as the cen- with JEMB Realty to build an o ce improved in certain patient-experi-  e cable division’s two production ter’s  rst female president in March. tower in Downtown Brooklyn, the ence measures. It has also pursued studios create 80% of its program- Under Farley’s guidance, Lincoln company’s ninth in the borough. an ambitious digital agenda, rolling ming.  e division, whose hits Center’s 11 constituent arts groups Beyond Brooklyn, Forest City is out virtual doctor’s visits and a include Mr. Robot and Suits, can signed a statement urging the U.S. slated to open a building at Cornell second-opinion service for patients add rights deals with Amazon and not to cut funding to the National Tech’s Roosevelt Island campus in around the country. Re ecting her Net ix to its bottom line. Endowment for the Arts. GUARDIAN LIFE INSURANCE CO. September. But her biggest challenge peers’ esteem for her as a hospital In September Hammer will Farley spent 32 years at Tishman may be yet to come: heading the City leader, the National Institutes of relaunch the children’s cable channel Speyer, where she helped the real Council committee charged with Health tapped her to chair its Clini- Sprouts as Universal Kids, with pro- estate behemoth, led by her husband, reimagining Rikers Island. cal Center Research Hospital Board gramming from recent acquisition Jerry Speyer, expand into global — THERESA AGOVINO in 2015. — JONATHAN LAMANTIA DreamWorks. — MATTHEW FLAMM markets. — KIM VELSEY POWER FACTS 2 Number of 2017 Most Powerful Women who came out of retirement in the past ve years to lead a bank in need of a turnaround.

philanthropic powerhouse in a clan She founded a new policy center at known for its generosity to New Columbia University Teacher’s Col- LAURIE TISCH, 66 York institutions. Ten years ago she lege, has contributed $15 million to President, Laurie M. Tisch Illumination founded her own fund speci cally to  ght hunger and partnered with the Fund 2016 ASSETS $120.6 million address issues in New York City. It city to support street-cart vendors NYC IMPACT Co-chairwoman, has already given nearly $100 million of fresh produce in high-density, Whitney Museum of American Art; to cultural and social causes. Tisch underserved neighborhoods such as vice chairwoman,Lincoln Center for the Performing Arts. also controls a $42.5 million donor- Bedford-Stuyvesant and Mott Haven. directed fund whose investments  e Green Cart program created THE ONLY DAUGHTER of are o en made in tandem with those more than 1,000 jobs. Loews Corp. co-founder from her Illumination Fund. “My philanthropy comes from #15 Preston Robert Tisch, Tisch’s main philanthropic a fundamental belief that circum- NEW Laurie Tisch has dis- priorities are education, arts and stances of birth should not limit life’s

ELIZABETH LIPPMAN PHOTOGRAPHY, BUCK ENNIS, NBCU CABLE ENTERTAINMENT, FLICKR, KPMG, JULIO BE, BUCK ENNIS, NBCU CABLE ENTERTAINMENT, ELIZABETH LIPPMAN PHOTOGRAPHY, tinguished herself as a culture, nutrition and healthy food. opportunities,” Tisch said. “It’s about

14 | CRAIN’S NEW YORK BUSINESS | JUNE 26, 2017

P014_P015_CN_20170626.indd 14 6/23/2017 3:46:59 PM LORIE SLUTSKY, 64 President, The New York Community Trust 2016 FUND CONTRIBUTIONS $124.5 million NYC IMPACT Member of the NYS Chief Judge’s Permanent Com- mission to Expand Access to Civil Legal Services THE FORMIDABLE Lorie Slutsky has tripled e New York Commu- #18 nity Trust’s assets to $2.6 billion NEW since she became president in 1990, doling out grants for work in the arts, child care, criminal-justice reform, edu- cation, health care, housing, medical research and workforce development in New York City, KATHRYN Long Island and Westchester. WYLDE, 71 She credits the trust’s growth to the gener- osity of New Yorkers, adding that professionals President and CEO, Partnership for of all types have shown their support, from a New York City NET ASSETS $25.3 million luggage manufacturer who donated $600,000 NYC IMPACT Board member, Economic to the owner of an employment agency who is Development Corp., NYC & Co. and the Fund for Public Schools leaving $50 million to the organization. “We have been able to convince New Yorkers THOSE WHO SEE of every economic means, in every borough, of Kathryn Wylde realiz- every color that this is the place they want to #16 ing her mentor David make their investments,” she said. 2015 rank: 15 Rockefeller’s vision of — JUDITH MESSINA harnessing the force of the business community to foster the city’s growth might be surprised to learn she got her New York start as a humble housing organizer in Sunset Park, Brooklyn. e partnership represents some of the city’s largest businesses, among them Bloomberg, JetBlue and JPMor- gan Chase & Co. Members include movers and shakers such as Rupert Murdoch and Steven Roth, both of whom have the ear of President Don- ald Trump. Jared Kushner was on the board too. In April Wylde led a con- tingent of 50 business leaders from the  ve boroughs in championing MELISSA MARK- the city’s  scal and policy priorities VIVERITO, 48 to the Trump administration. Late last year the mayor and the Speaker, New York City Council CITY governor announced city and state BUDGET $85.2 billion NYC IMPACT Con- trols all city legislation, including wheth- DEANNA life sciences initiatives, with more er bills get a vote or are even introduced than $1 billion in investments, which 53 Wylde had pushed as vital to the city’s TERM-LIMITED City MULLIGAN, economic future. Facing a mayor and Council Speaker Melissa CEO, Guardian Life Insurance Co.

a City Council that have been at odds #17 Mark-Viverito is going LYNNE of America 2016 OPERATING INCOME with the business community, Wylde 2015 out with a bang. When $1.5 billion NYC IMPACT Board member, rank: 12 DOUGHTIE, 54 Committee to Encourage Corporate has worked to blunt the economic im- Mayor Bill de Blasio Philanthropy pact of new business mandates, such balked at funding legal representa- U.S. chairman and chief executive, as paid sick leave, but has had limited tion for anyone facing deportation, KPMG 2016 U.S. REVENUE $8.6 billion DEANNA MULLIGAN success advancing other causes, she pulled her boldest legislative NYC IMPACT Board member, NAF, former- visited the White House such as scaling back the commercial move yet by adding a budget clause ly the National Academy Foundation, #20 in April with other a nonpro t that focuses on improving — JOE ANUTA AND ROSA GOLDENSOHN 2015 rent tax. to spend the money her way. (Two high school education rank: 30 New York business years ago she forced him to junk a leaders to lobby President plan to cap the growth of ride-hail LYNNE DOUGHTIE Donald Trump for more infrastruc- Number of 2017 Most Powerful Women who came out of retirement in the past ve years to lead a bank in need of a turnaround. services.) It recently emerged that the joined a KPMG pre- ture funding. A erward, she, along speaker can stop council members #19 decessor in 1985 as an with Deloitte CEO Cathy Engelbert 2015 from even introducing bills. And rank: 29 auditor and rose through and Blackstone Group’s Stephen members have yet to risk her wrath the ranks until she was Schwarzman, addressed the press. [expanding] access and opportunity by using a process introduced in named head of its U.S. consulting “We as New Yorkers have the same for all New Yorkers, whether that’s 2014 to move a bill to a vote without practice in 2011, the  rm’s fastest- concerns as all Americans,” she access to the arts, healthy food, edu- the speaker’s approval. But she has growing business. said. “We spoke to the president cation or economic opportunity.” passed far more legislation than Two years ago KPMG named about infrastructure modernization Since 2015 she has also been she has blocked, notably a slew of Doughtie CEO of its U.S. arm, a role and the positive impact that could co-chairwoman of the Whitney worker-empowerment bills. Her sup- once held by the company’s global have on New York as well as the Museum of American Art, whose port for Puerto Rican activist Oscar chairman, John Veihmeyer. Her rest of the country.”  rst-ever education center bears her López Rivera (a freedom  ghter to promotion came a few months a er Mulligan has been Guardian’s name. And she was the sole honoree her but a terrorist to the police com- another Big Four accounting  rm, CEO since 2011. With more than of Lincoln Center’s 2016 fall gala, missioner) cost her some support Deloitte, appointed Cathy Engelbert 25 million customers, Guardian is which raised $3 million. rough outside of her base. But if her politi- to the same position. Doughtie over- one of the nation’s  ve largest life her family, she is a co-owner and cal future lies in Puerto Rico, where sees more than 27,000 U.S. employ- insurers. e policyholder-owned in- member of the board of directors of she was born, it made sense. ees, who generated $8.6 billion in surer earned its highest-ever operat- the New York Giants. — KIM VELSEY — ROSA GOLDENSOHN AND ERIK ENGQUIST revenue last year. — AARON ELSTEIN ing income last year. — AARON ELSTEIN

JUNE 26, 2017 | CRAIN’S NEW YORK BUSINESS | 15

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CRAIN’S NEWYORKBUSINESS MOSKOWITZ, EVA “ for next the schoolyear. applied for 3,000spots the available maththe exam. Seventeen thousand testscience and passed, 94%passed Success student took state who the 12 schools, a35%increase. Every hire uncerti teachers.ed inAlbanyvictory to make it to easier 2006 founding) and won asignicant backed Success Academy since its Broad and other wealthy donors have scored $250,000Broad the Prize (Eli $25million towarded it last year), billionaire Julian donat- Robertson charter-school advocates (hedge fund teacher-training strategies with other share her nonprot’s and curriculum approval, launched institute afree to program from for need the city key court decision freeing her pre-K school. Harlem of Trump her atour Ivanka agship gave later aday and of education tary Trump’s Presidentbe Donald secre- Enrolls 15,500studentsin46schools CAPITAL BUDGET$280millionNYC IMPACT OPERATING AND Charter Schools2016 Founder andCEO,SuccessAcademy rank: 25 2015 #21 MAYOR DEBLASIO?” IF ILEFTANDWENTTOD.C., Since 2015,Moskowitz has added In June alone Moskowitz won a passed on the chance to chance on the passed bigger. November In she getting pulpit keeps bully ponent Eva Moskowitz’s CHARTER SCHOOL CHARTER — THERESAAGOVINO

| 53

JUNE 26,2017 pro- HARRIS, PATRICIA DESOER, BARBARA Philanthropies. Bloomberg before leading 12 years a  as then airs, mayor for deputy rst LP’s government of head and public former mayor,aire  Bloomberg as rst billion- to the consigliere the-scenes Island—will open. rst building academic on Roosevelt Bloomberg the when Center—the campus come will to fall, this fruition million gi Tech toCornell new the $15 million contribution. And a$100 Hudson Yards, adding to aprevious  eShed, cultural new center the at last month donated $60million to Bloomberg’s fancy, foundation the tion, care health and whatever tickles environment, government innova- on education, arts, the focused the largest endowment U.S., inthe it is $600 million last year.  eeighth- has nearly doubled since 2011,to sectors. culture and beneparticular t to New York’s tech with recent years, up picked in has LP. of philanthropy pace But the and PerformingArtsCenterattheWTC Memorial &Museum,PublicArtFund Board member, NationalSeptember11 ENDOWMENT $7.2billionNYC IMPACT CEO, BloombergPhilanthropies with overseeing most of most that. overseeing with tasked is Desoer Barbara division, in the ve boroughs Oversees mostofCiti’s 16,000employees 2016 NETINCOME$13billionNYC IMPACT Chief executive,CitibankNorthAmerica rank: 32 2015 #22 NEW #25 Harris has long been the behind- the long been has Harris Bloomberg Philanthropies’ giving started at Bloomberg started she when 1994, since Bloomberg’s fortune away Michael giving been PATRICIA HARRIS and commercial-banking commercial-banking and consumer- of head the As 160 countries. more than in accounts million 200 CITIGROUP

—Eva Moskowitzwhenshecon rmed shewouldnotseektobecome Trump’s secretaryofeducation 60 64 — JEREMYSMERD has about about has WHO WOULDKEEPTHEIREYESON has has DEROSA, MELISSA and programs which hasvastpowerovercitypolicy member, theCuomoadministration, $153.1 billionNYC IMPACT Top staff BUDGET Secretary tothegovernorSTATE operating ooperating to New cer, relocating chief Citibank’s to become tirement portfolio. servicing a$2 trillion and market U.S. mortgage-origination the for of 20% accounted that division presidentshe was of ahome-loan 2012, in her retirement announced she When business. mortgage ailing bank’s the rescue help headquarters to 2008 in Carolina to North located she re- until Francisco San in marily pri- based was and of America Bank she For worked at 35 years services. prominent  womenmost in nancial executives of all stripes. stripes. of all executives to business important is to DeRosa o access controlled, tightly is ce Cuomo’s Because aid. state in dollars of billions of course, and, cameras red-light tolls, enforcement, bridge labor-law programs, homelessness transit, policy, mass education tion, city’s taxa- over the ular—control Albany gives Cuomopartic- in —and which state, the governorship in city the in strong the ows from for e tuition college free as such orts, governor’s the oversees signature she which from perch, that occupy o Cuomo. only behind ce, governor’s the No. in 2position to the again elevated she was April of sta to chief spokeswoman . In Cuomo promoted chief her from before Gov. Andrew specialist tions acommunica- as ladder political the She climbed politics. of state prodigy a as emerging dad, side her lobbyist of power along- halls Albany’s ing NEW #23 But in 2013 outBut in of re- she came one long of been has the Desoer DeRosa is the  the is DeRosa to woman rst middle-class students. Her power students. middle-class — ROSA GOLDENSOHN AND ERIKENGQUIST MOST OF THE WOMEN THE OF MOST spent her  15rst travers- that’s no wonder. She but DeRosa, on Melissa have 15 years list on this 34

STEWART, BONITA ballet throughoutthecountry which workstoincreasediversityin American BalletTheater’s ProjectPlié, NYC IMPACT Member, advisorycommittee, Google 2016REVENUE$89.5billion Vice president,globalpartnership, cally black colleges and universities. and colleges black cally histori- from talent of tech pipeline of adrive centerpiece a to create mater, Howard Univer her alma from for students at Google Howard West, program aresidency of launch the in instrumental was Valley. Silicon felt is She in impact her biggest although industry, tech the diversify company the helping New Yorkin also is City, Stewart year. last Vox, and Co. $11 generated billion  Nast, Condé eNew York Times CBS, Bloomberg, include which  giant. tech the partnerships, ose for Americas the in publishers media with partnerships strategic manages She at Google. savvy marketing and employed has her technology decade past for the Stewart Bonita cations, est of any major of any bank. est larg- the portfolio, 25% of lending its now for account nearly loans such and cards, big on bet credit has Citi recent years in For instance, rebuild. to help by led Desoer businesses the on but counting it is years, several for bank the repositioning and shrinking steadily been agement has man- Citi committee. operating ber women on two Citi’s19-mem-only one is of and Corbat Michael CEO to She reports assets. in $1.8 trillion holds about 75% of Citigroup’s which division, entire of the charge York. put in she later was Ayear rank: 19 2015 #24  at Google woman senior emost of interactive communi- of interactive w charge in here she was Chrysler, Daimler and at IBM management A VETERAN OF BRAND OF A VETERAN

60 sity. It the is — JUDITHMESSINA — AARON ELSTEIN — AARON

6/23/2017 5:35:21 PM FACTS POWER P016_P017_CN_20170626.indd 17 FACTS POWER EDITH COOPER, and theMuseumofModernArt Board member, MountSinaiHospital 2016 REVENUE$31billionNYC IMPACT Executive vicepresident,GoldmanSachs management committee. committee. management ve women  on the rm’s 32-member one is of only and 2000 in a partner named She was unit. commodities Asian and European its to co-head London to moving before business futures its group, then energy-sales  She the led Trust. Bankers rm’s a and Stanley at Morgan er stints 2010,since 19 included women. largest the partners, new ofcrop 84 year’s Last partner. named are folks which selects that committee the of chair vice also is Cooper alums.) Goldman are administration Trump ment. (Not of afew members the govern- and life of corporate levels oyear—and highest to the access ers per $350,000 average employee makes to riches—the aticket is Goldman  is competition ajob at erce because 3% whojobs. lucky get the ing e for responsible pick- ultimately is Cooper management, capital human rank: 31 2015 #26 Goldman in 1996 1996 in to Goldman came Cooper 2 7 20 20 WHAT’S IN A NAME? 7 2 2 EVPs vicechairs chairwomen presidents CEOs NEARLY 100,000 Journal to ing eWall Street accord- Sachs, Goldman apply fora year ajob at like “speaker” unique titles partners managing . As global head of head global . As — AARON ELSTEIN — AARON people people 54 of N.Y. andPartnershipforNYC Economic ClubofN.Y., Women’s Forum REVENUE$4.5billionNYC IMPACT Member, Chair andCEO,CITGroup2016 ALEMANY, ELLEN president of CEO and CitiCapital. and at Citigroup services transaction Group, of global CEO Financial of Citizens CEO and woman June 2016. since 50% up shares to approve,seem driving Investors banking. on commercial focus and value shareholder increase e an in pro to boost ort tability, expenses cutting and assets divesting been has Alemany plan, formation  another behemoth. create nancial to to try only out of bankruptcy John company the who led ain, Lynch veteran CEO, Merrill previous by the pursued strategy expansion to the acontrast quite downsizing, started immediately Alemany nesses. busi- small 100,000 more than serves which lender, Bank, commercial CIT its her to revamp Group hired Two short-lived: be CIT later years would year. Her retirement same Banker Award American from unranked 2007 #28 Alemany has served as chair- as served has Alemany trans- of athree-year part As IN 2013 IN Lifetime Achievement Achievement Lifetime a receiving Americas, of Scotland Bank Royal of head the as retired

— HILARY POTKEWITZ Ellen Alemany Alemany Ellen 61 the the ELLEN FUTTER, ence, Education and Innovation. Innovation. and Education ence, for Center Sci- Gilder million $340 the addition, 245,000-square-foot a for million $300 raised has already She stature. its growing once again is 2019, in Futter anniversary, 150th its cultural attractions. museums and one of city’s the top and most important natural history museum is one of world’s the largest roughly 5million visitors ayear, the master’s Ph.D.s and degrees. grants that school agraduate with country the in museum only the becoming and museum’s galleries permanent of the 30% more than or creating ing renovat- Space, and forCenter Earth Rose the building transformation: and growth of dramatic a period through institution storied the led has Futter then Since History. of Natural Museum president American of the Memorial SloanKetteringCancerCenter million NYC IMPACT Boardmember, History 2017OPERATING BUDGET$186 President, AmericanMuseumofNatural rank: 26 2015 #29 Now, as the museum approachesNow, museum the as With abudget of $186million and IN 1993 IN when she was named named shewhen was institution cultural City amajorto head New York  the became woman rst — MIRIAMKREININSOUCCAR Ellen Futter Futter Ellen FAIZA SAEED, e - 11%revenue by nearly over 2015. y l list. ers  l the helped transactions ese increase rm o wood Reporter H e January In NBCUniversal. with tie-up billion $4.1 for its DreamWorks in team Animation legal by Verizon the led purchase and billion $4.8 its 2016 in Also she Yahoo represented negotiating in by AT&T $109 its year. acquisition in last billion for Warner Time attorney lead as od—most recently peri- of the deals largest some of the orchestrated she years, four for nearly practice acquisitions and mergers of head Cravath’s As counsel. and advice look to her for top executives to having accustomed ofation Women Lawyers. top law U.S. Associ- National to the according rm, a of women running one her just of ahandful makes 2016 REVENUE Presiding partner, CravathSwaine&Moore New York chapteroftheMarchDimes ship forNYC,Women’s ForumofN.Y. andthe unranked 2007 #27  is who one for Saeed, emoveanatural was 66 practice in its 200-year history.  history. 200-year its in practice is the white-shoe the to lead woman rst & Moore, becoming Swaine Cravath rm of 500-lawyer partner presiding as reins IN JANUARY FAIZA SAEED JUNE 26,2017 $738million named Saeed to its Top to its Saeed named Dealmak- 20 HERRERA, CAROLINA Museum aswellmyriadfundraisers the Young FellowsBallattheFrick REVENUE $1.3billionNYC IMPACT Designer, CarolinaHerrera aura of luxury. its brand the gives audience, a smaller attracts which clothing, beautiful the while fashion, high the subsidizing world, the around of sales bulk the constitutes Fragrance Puig. with setup clever the in evident is savvy business CEO, Herrera’s of the resignation uary le Jan- the Rentaand la de for Oscar a company’s director er the creative up trends. to taking not given is them behind woman the because timeless intentionally and glamorous are Her designs line. Herrera Carolina lower-priced the CH as well as gowns wedding District—and Garment the in made line—mostly signer’s original de- of the sales growing brand, rera Her- Carolina the owned has ny Puig her muses. and her customers luncheons and black-tie galas both are marketing. ewomen who attend NEW #30 Despite a messy lawsuit last year year last lawsuit amessy Despite S ince 1995 Spanish fashion compa- fashion 1995 Spanish ince |

NYC IMPACT 51 C CAROLINA HERRERA CAROLINA phil both is which events, arts and city’s cultural the at presence aregular is RAIN’S NEWYORKBUSINESS anthropic and good good and anthropic

— CARAEISENPRESS — HILARY POTKEWITZ Partner- 78 took the the took

2016

Hostess,

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BLACKROCK, CORCORAN, TRAVEL LEADERS GROUP, BUCK ENNIS, DOUGLAS ELLIMAN, NIELSEN, KASIRER 18 |

CRAIN’S NEWYORKBUSINESS she held for 16 years. arole Youthchester League, Soccer West- for the soccer girls coaching UJA-Federation ceased and the as such boards from down stepped has she years, two past the In services. client and development, marketing group, where she oversaw business client global the heading she stopped company. of the 2008 In divisions longer revenue-generating oversees she no committee, executive global on the she remains while and, 1988, interest. best clients’  their in to act advisers nancial requiring implementation of arule delay full should Department Labor the that argued she also year this asset-management Earlier rms. largest on the label too-big-to-fail government to avoid the slapping U.S. the petitioned successfully debate. weighty this voices in one ofin Street’s most Wall uential become has Novick 2015—Barbara in more than billion assets—$500 client in $5 trillion money manager, with world’s the largest at BlackRock, icy pol- public and government relations  of head As institutions. nancial Trustee, CornellUniversity REVENUE $11billionNYC IMPACT Vice chairwoman,BlackRock NOVICK, BARBARA FACTS POWER rank: 18 2015 #31 Novick co-founded BlackRock in in BlackRock co-founded Novick she has few years, past the Over regulate the world’s giant giant world’s the regulate to  out to how best gure trying still are cymakers the nancial crisis, poli- NEARLY ADECADE NEARLY A decadeby decadecomparison SPANNING THEAGES 70s 60s 50s 40s 1 30s

56 — AARON ELSTEIN — AARON 4

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JUNE 26,2017 6 a er r e a education center for its sales team. team. center foreducation sales its agent- anew opened Corcoran spring the in Meanwhile, spaces. to bigger, boroughs better those in of 13 most its o relocated and ces Brooklyn, and Manhattan brokers in 500 more added company than the years, two past the Over operation. the upgrading always is Liebman because to thrive continues Corcoran South. Park Central 220 as such developments, new luxurious most city’s some of the marketing is team borough. for respective its high a was condo. Each for aBrooklyn $15 fetched and million $79.5 million for Side townhouse Upper East an sales breaking .  sold ecompany record- achieving from agents homes didn’t prevent her for luxury of terrain. erecent so market kinds all how in toknows maneuver Corcoran’s for she so 17 helm years, at been has Liebman penthouses. to extravagant studios tiny from LIEBMAN, PAMELA Intrepid Foundation NYC IMPACT Boardmember, theUSS Group 2016SALES$19.5billion. President andCEO,TheCorcoran rank: 35 2015 #32 More records are possible. Her More possible. are records and renting everything everything renting and selling Brooklyn and tan Manhat- brokers in 1,500 of abattalion commands PAMELA LIEBMAN PAMELA 19 20 54 — THERESAAGOVINO years old 78 OLDEST years old 34 YOUNGEST

GRIMMETT, GAIL Economic Council Council Economic NYC &Co.andNewYork CityRegional state Tourism Board,CovenantHouse, billion-plus REVENUE$4 Leaders GroupDIVISION President, EliteTravel DivisionofTravel British agency. British Travel, ahigh-end Colletts as well as travel o of divisions two acquiring erings, luxury its expanded TLG as February in grew Her responsibilities steen. Spring- Bruce Joel and Billy include United Kingdom. the and States o 80 more than in United the in ces sta and agents 2,000 members than oversees more with ve companies year. Grimmett last held since has Travellion Group, arole Leaders she $21 bil- of the division travel luxury New York. in tions the Now she runs rank: 34 2015 #33 Grimmett’s company Andrew Harper LLC LLC Harper Andrew company NYC IMPACT Boardmember, GAIL GRIMMETT she was head of opera- head its she was when carrier growing city’s fastest- the into Airlines Delta transform celebrity clients clients celebrity CEO, Health rst PATRICIA WANG, be more innovative.” more be for “We’re to ways Wang said, looking constantly year. 15% up from previous ates, the it oper- which in counties seven the in market the 24% of with period enrollment Obamacare latest owe alot to word-of-mouth.” Health the ended rst outcomes,” good “Weof and reputation Wang said. terms in point atipping reached but we also that, A the under ance to contributed Act ordable Care ago. “ overtook adecade of insur- eexpansion Wang since 400% increased revenue has annual and 200% nearly grown has ership. Its membership Wang’s under lead- popularity in surged has plans, New Yorkers government-subsidized through New Yorkin U.S. the and adopted widely been since has model managed-care  for members. of care quality ethen-experimental and cost the to manage providers care health with work would closely that of insurer for kind anew Health Wangciation, build helped amodel as rst NYC IMPACT 1.3millionmembers NEW #36 —JUDITHMESSINA inAn reform, care voice on health uential low-income serves Health primarily which rst, 51 helped helped LONG BEFORE BEFORE LONG the GreaterNew Yorkthe Asso- Hospital her 17-yearcompany. in Early at tenure cra helped insurance for the vision the of Healthexecutive Pat Wangrst,

2016 REVENUE$8.9billion MCCRAY, CHIRLANE health care. care. health for pushed improved mental and Adefended the Act ordable Care where she to lobby on Capitol Hill, abuse. or substance illness mental of to signs on responding acourse aid,  health mental in 250,000 rst to train It to services. access pand o to ex- topic aims -supressed and the residents to discuss encourages  she runs. initiative health riveNYC mental million $850 the now with associated most she is though adviser, sta his an hiring in remains and She ofrole played late. quently akey but tenure infre- his in early Blasio, Domestic Violence Task Force New York City;co-chair, thecity’s Chairwoman, Mayor’s FundtoAdvance FOR THRIVENYC $217millionNYC IMPACT First lady, NewYork City2017BUDGET rank: 10 2015 #34 city’s  the McCray is rst lady rst she became chief chief became she husband, Mayor Bill de de Mayor Bill husband, noted o was en by her wields McCray Chirlane POWER SCENES THE BEHIND-THE- — CAROLINE LEWIS 62

62 — JONATHAN LAMANTIA is on track on track is 6/23/2017 5:36:42 PM “ YOU LEAP WHEN YOUR GUT TELLS YOU TO.” —Pat Wang in an interview on CUNY TV

JENNIFER RAAB, 61 President, Hunter College BUDGET $333 million NYC IMPACT Member, the After School Corp. board and the steering committee of the Association for a Better New York LYNDA WITH ROUGHLY 22,000 KAREN CLARIZIO, 56 students, Hunter College is the largest of CUNY’s #39 CEO, Nielsen Media U.S. 2016 REVENUE IGNAGNI, 63 2015 institutions. As president, $2 billion-plus NYC IMPACT Board mem- rank: 43 CEO, EmblemHealth 2016 REVENUE ber, Human Rights First Jennifer Raab is  ring on $8.3 billion NYC IMPACT Chairwoman, all cylinders: fundraising, partner- National Board of Advisors for Health AT A TIME WHEN it’s no ship building and programming. Policy and Management at Columbia longer clear what it means Last year she raised $30 million for University’s Mailman School of Public #38 to “watch television,” the school, bringing the total for Health NEW Lynda Clarizio helps her 15-year tenure to $335 million. AFTER 22 YEARS as global ratings giant Niel- She raised $9 million this year to chief lobbyist for the sen devise and implement systems create a new social-justice program #37 health insurance indus- that let marketers learn how, when at the college. ere was a $10 mil- NEW try—she played a key role and where U.S. consumers are slaking lion donation to renovate the audito- in shaping the A ordable their thirst for media. rium and a $5 million gi is for new Care Act—Karen Ignagni joined Heading Nielsen Media’s Watch dance studios. EmblemHealth in 2015. Now she is division since 2013, she has over- Also last year, she implemented a steering the nonpro t insurer through seen the development and rollout of $100 million Mental Health Services the next wave of health reform. programs that bring Nielsen ratings Corp. designed in conjunction with Emblem is the parent company of into the world of Roku, YouTube and the city to train 400 mental health HIP and GHI. Its 3.1 million mem- streaming audio. Revenue for the professionals over three years. A bers include about 93% of the munic- Watch segment rose 6% last year, to $30 million program developed with ipal workforce. Emblem lost nearly nearly half of Nielsen’s overall sales. the Manhattan district attorney’s $600 million in 2014 and 2015. e e U.S. portion of the Watch busi- o ce will hire, train and supervise

DOROTHY company turned a pro t last year, ness accounted for much of that. social workers to assist people at risk HERMAN, 64 but it was fueled by the $330 million e division’s latest launches of committing a crime. ese come sale of an o ce building in Chelsea include the total audience mea- on top of relationships that Raab President and CEO, Douglas Elliman as the nonpro t consolidated into its surement platform, which aims to developed with Memorial Sloan Real Estate 2016 REVENUE $24.6 billion 55 Water St. headquarters. provide both programmers and Kettering Cancer Center and Weill NYC IMPACT Board member, Katz Wom- e challenges are daunting: advertisers with the complete picture Cornell Medical College to train en’s Hospital of Northwell Health and Southampton Hospital Uncertainty emanates from Capitol of splintered audiences wherever scientists and nurses. Hill, where Republicans are cra ing they are. Among its o erings is a Raab’s e orts are being noticed. LAST MONTH Douglas the American Health Care Act and national out-of-home reporting Hunter tied for the 47th spot in U.S. Elliman launched a mul- its rumored cuts to Medicaid and the service, which measures viewing at News & World Report’s 2017 North #35 timedia advertising cam- subsidies that help individuals pur- airports, bars and other locations. Regional Universities—up from 50th 2015 rank: 36 paign with the tagline chase insurance. — JONATHAN LAMANTIA — MATTHEW FLAMM on its previous list. — THERESA AGOVINO “It’s time for Elliman.” Turns out, under Dottie Herman’s leadership, Elliman has been enjoying good times for years. In 2016 the  rm was involved in eight of the 10 largest President, Kasirer LLC 2016 REVENUE Lincoln Center. She helped negotiate NYC IMPACT residential transactions in the city, $10 million Board member, the deal on the interior landmarking Citymeals on Wheels and the New York including the biggest of them all: an City League of Conservation Voters of the Waldorf Astoria, guided the $87.7 million penthouse sale at 432 TWA Flight Center through the city’s Park Ave. Such deals pushed Elliman’s KASIRER LLC’S robust public-review process last year and revenue up 10%, to $24.6 billion. revenue makes founder is building support for Citi Bike’s Over the past two years, Herman #40 Suri Kasirer the city’s continuing expansion. 2015 has expanded the company’s reach, rank: 49 top-grossing female Kasirer is “professional, strategic opening 11 o ces and adding 1,000 lobbyist and No. 2 overall. and relentless when it comes to her agents. With 6,500 agents in its em- e 2015 deal she helped SL Green clients,” said Councilman Corey ploy, Elliman is now the fourth- cut to build mega tower 1 Vanderbilt Johnson, who has worked with the largest real estate brokerage  rm in showed that major projects are still lobbyist on a host of issues. He re- the country. And Herman makes sure possible in the city. e real estate called Kasirer getting a bill changed her agents have the tools they need, muscle on Kasirer’s client list is so it would not hurt the Motion opening an education center and roll- SURI matched by the prestige of her non- Picture Association of America and ing out a custom mobile app for her pro ts, notably the 92nd Street Y, mitigating blowback from neighbor- sales team soon. — THERESA AGOVINO KASIRER, 58 the Brooklyn Botanic Garden and hood movie shoots. — ROSA GOLDENSOHN

JUNE 26, 2017 | CRAIN’S NEW YORK BUSINESS | 19

P018_P019_CN_20170626.indd 19 6/23/2017 5:37:16 PM P020_P021_CN_20170626.indd 20 50 MOSTPOWERFUL WOMEN

BUCK ENNIS, JIM COX, STEVEN, JANICE YI, MICHAEL LIONSTAR, JEFF KATZ PHOTOGRAPHY, LORD & TAYLOR, NASDAQ, RICHARD CORMAN, ALAN SCHINDLER 20 |

CRAIN’S NEWYORKBUSINESS DARYL ROTH, New York CityPoliceFoundation Theater SubdistrictCouncil;trustee, Member,BOOTS $39.5millionNYC IMPACT Productions 2016SALESFORKINKY Founder andpresident,DarylRoth productions worldwide. worldwide. productions U.S. plus more the from in lion $241 mil- grossed show has the and producer,Broadway. lead the is Roth Boots Kinky shows’  nancials is . One exception shows of her choosing. to fund million who have $4 pooled investors of agroup nine ent. Now leads Roth tal- emerging supporting and tifying for areputation iden- earned quickly She Union complex in Square. theater her own built even and resources  ample she had Trust, Realty nancial founderof Vornadoof Roth, Steven o and Broadway on wife the . As 110 produced morehas than shows aweek. $2 million hometook Tonys four grosses and that Dolly! of Hello, revival Midler Bette on the year this Rudin Scott up with teamed Roth plays, ning Prize–win- Pulitzer a record seven Tony and Award winner producer of unranked 2007 #42 Roth is tight-lipped about her tight-lipped is Roth Roth ago, years 28 her start Since Daryl Roth. An 11-time An Roth. Daryl too Broadway is ect en aproj- to bring a partner seeking when call ducers THE FIRST PERSON FIRST THE , now in its , nowits in on h year — MIRIAMKREININSOUCCAR

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JUNE 26,2017 pro- LAURA Commonwealth Fund member, Saint Ann’s Schooland The REVENUE $82.4millionNYC IMPACT CEO, NewYork PublicRadio2016 hometown audience. essential listening for WNYC’s core rer’s and Leonard Lopate’s shows are around country, the Brian Leh- while become staples of public radiostations season . Shows likethe On Media have States of Anxiety, now inits second viewpoints, United and podcast the and covered events from a range of Trump administration’s rst 100days Indivisible included nightlyshow the call-in issues on demand. and on air tosensitive explore freedom the has decade—WNYC past over the 68% has Walker revenue by grown contributions— listener and grants Dependent on portfolio. her WNYC month unranked 2009 #43  egroup’s acclaimed programs through the eight stations in in stations eight the through , which ran, which during the PRESIDING 26 million listeners every every listeners million 26 reaches Walker Laura U.S., the in group station radio public largest WALKER, SHEENA WRIGHT, Economic DevelopmentCouncil York City President andCEO,UnitedWay ofNew IMPACT their readingtheir level. bygrade afull 2014–2015schoolyearin the improved one-on-one tutoring through program the than of half 316children the received who canwho read at level by grade 2020.More of third-graders neighborhoods inpoor tive, ReadNYC, aims to double number the address aroot cause of poverty. Her initia- emphasishas aspecial placed on literacy to adegree fromearned Columbia Law School, Columbia University at age 16and later Yorkers su self become cient. New helps struggling that organization an to become chest” a“community role as tional tradi- beyond its organization the pushed recover, she $11 victims to help storm million United Waywith raise Worldwide to quickly 79-year-old nonprothe A t. up er teaming NEW #41 — MATTHEW FLAMM Wright, aBronx native enrolled who at over the over the Member, NewYork CityRegional 2016 REVENUE

SINCE BECOMING has been working to revitalize to revitalize working been has 2012, Wright Sheena in hit Sandy York Superstorm day on the City of head United Waymale of New Board

59 LIZ NEUMARK, what we and our clients do,” she said. of people don’t who have access to wanted involved to be incommunities to working on food-justice issues. “We for ashare of farm’s the produce. Goldman Sachs, among others, pay dishes. Employees of WNYC and produce that she turns into delicious Hudsonin the Valley in2006yields parent sourcing: Afarm she started of events. fancy She was early to trans- Plaza has guaranteed night a er night operate Grand the at Ballroom  e 5% annually. 2% and it between to grow allowed company’sof the have revenue and half in bring which venues, a dozen with contracts exclusive has mances, 37-year-old company, Great Perfor- Hudson SquareBID Fund forPublicHousing;chairwoman, Hunger advisoryboard;boardmember, Member, West SideCampaignAgainst 2016 REVENUE$50millionNYC IMPACT Founder andCEO,GreatPerformances unranked 2007 #44 $62.7million —CAROLINE LEWIS Neumark devotes 25%of her time Starting in2007,a25-yearto lease the  the fe- rst throughout the city. Her the throughout parties intimate and ers fundrais- top galas, at the food the behind woman LIZ NEUMARK NEUMARK LIZ 47 NYC — CARAEISENPRESS is the the is

61

NANCY DUBUC, The PaleyCenterforMedia $3.8 billionNYC IMPACT Boardmember, CEO, A&ENetworks2016REVENUE $1.8 billion the previous year. year. previous the $1.8 billion Pro $1.75t was from down billion, to according eWall Journal Street Disney, and  revenue was Hearst at, by company, co-owned is the which A the and Scientology ermath Remini: Leah series documentary November of last the launch the with years two premiere in biggest pay o, but A&E’s Dubuc scored year. last at bold moveto yet has Viceland into channel H2 the turned and ViceMedia in of a10% stake A&E’s led she has purchase growth, her e In services. back to bring orts streaming with competes television traditional as ratings, declining with now is grappling honoree 2008— in Under 40 40 Crain’s Dubuc—a with with tastes showed her feel for heartland Truckers and Ice Road with Channel Hunter Bounty the Dog with channel A&E the 18 company she ago, remade the years rank: 44 2015 #45 Travel Lobbying Law Food Technology Philanthropy Nonpro ts Health care/Insurance 3 Education Arts Government Retail andFashion 4 Real estate5 Media/Entertainment Finance 50 WOMEN, 15INDUSTRIES In the most recent  most the In for year scal programmers, cable other But like Duck Dynasty , transformed the History History the , transformed 1 3 1 1 ONLY THE THIRD chances. Since starting at starting Since chances. got by where taking she is Dubuc Nancy Networks, of A&E history the in 9 1 3 3 3 . 4 3 — MATTHEW FLAMM FACTS POWER CEO . 48 6 . 6/23/2017 4:41:49 PM ADENA SUSAN FRIEDMAN, 47 HERMAN, 70 JANE CEO, Nasdaq 2016 REVENUE $3.7 billion President, American Civil Liberties Union LIZ RODBELL, 59 NYC IMPACT 650 employees in the city 2016 BUDGET $138 million NYC IMPACT ROSENTHAL, 60 2016 REVENUE Professor, Brooklyn Law School; member, President, Lord & Taylor ALTHOUGH A HANDFUL Co-founder and executive chairwoman, NYC IMPACT Riverside Choral Society Approximately $1 billion Tribeca Enterprises; founder, Tribeca Member, Parsons Board of Governors of enterprising women #48 have launched a broker- AS SOON AS Donald Productions VALUATION $45 million LORD & TAYLOR is NEW age house or a money- Trump was elected, the NYC IMPACT Board member, National September 11 Memorial & Museum and known for its dress col- management rm over the #49 American Civil Liberties 2015 Child Mind Institute #46 lection, which has been years, no woman had ever been put rank: 9 Union sprang into action, 2015 rank: 41 outperforming other retail in charge of a Wall Street institution declaring key tenets of his LAST YEAR Jane Rosen- o erings in a di cult started and run by men until this past campaign agenda unconstitutional thal gave up the CEO title environment. In March Liz Rodbell January, when Adena Friedman was and setting up a Constitution Defense #50 at Tribeca Enterprises, the 2015 announced the opening of  e Dress named CEO of Nasdaq. Fund. By Inauguration Day, Susan rank: 50 company she launched in Address, giving the department Friedman has been a rising star on Herman’s organization was ling legal 2002 with Robert De Niro an additional 30% of square feet in Wall Street for a long time. In 2005 actions and Freedom of Information and Craig Hatko to run the Tribeca Lord & Taylor’s Fi h Avenue store. she was named a Crain’s 40 Under 40 Act requests to shed light on the Film Festival .  ose close to the hold- Rodbell’s other initiatives to ght for her work as a senior o cer at president’s tax returns and the Trump ing company say the move came in the headwinds lashing the industry Nasdaq, where she has spent her Organization’s potential con icts of the a ermath of the deal to sell 50% include developing exclusive brands, entire career except for a stint as chief interest. It won the rst court order of Tribeca Enterprises to Madison creating concept shops helmed by nancial o cer at private-equity giant blocking Trump’s executive order Square Garden Co. celebrities such as Bobbi Brown and Carlyle Group between 2011 and 2014. known as the Muslim ban in January. Rather than being a sign of her allowing online shoppers to interact As head of one of the world’s Under Herman’s leadership, the easing up on the reins, Rosenthal with in-store sales associates. preeminent marketplaces, with more ACLU has harnessed the political en- is now free to focus on growing the As Hudson’s Bay Co., Lord & than 4,000 employees, Friedman’s job ergy and anxiety of non-Trump voters. business, including diversifying it be- Taylor’s parent, reorganized this is to persuade  edgling companies Over the past six months, the ACLU yond lm, as executive chairwoman. month, Rodbell lost her second title, to list on her exchange and join Apple, has attracted $83 million in donations  e festival launched a gaming com- president of Hudson’s Bay, the chain Facebook and the 2,900 others that and 800,000 new members, tripling ponent this year, brought in big-name of Canadian department stores. have a collective market value of its size and becoming the institutional corporate sponsors and broadcast Rodbell now presides over just the about $9 trillion. She also ensures the leader of #theresistance. events on Facebook Live that attracted 50-outlet Lord & Taylor chain, smooth execution of trading in stocks ACLU president since 2008, nearly 4 million viewers worldwide. including the $655 million  agship and derivatives that  ow through Herman is involved in everything the  e festival, which hosted events at store, which last year replaced its Nasdaq’s computer network. In organization handles nationally, such Radio City Music Hall this year, had $250 million mortgage with a $400 addition, she’s something of a spokes- as immigrant rights and privacy issues. more than 153,000 ticket buyers, million loan that matures in 2021. woman for capitalism, appearing on (Immigrants make up 37% of the city’s raising revenue by a healthy 25%. U.S. retail sales for all of Hudson’s CNBC and similar outlets when there population .)  e recent settlement of Rosenthal is also on a roll as a Bay’s apparel, accessories, cosmetics is market-moving news. its 2013 lawsuit against the NYPD’s producer. Her HBO Films release, and home products were $4.8 billion Last year, when she served as Nas- surveillance of Muslim residents, e Wizard of Lies, starring De Niro last year, roughly the same as in 2015, daq’s president and chief operating of- pending court approval, will result in as Bernie Mado , debuted in the with dresses and activewear outshin- cer, Friedman received $8.2 million NYPD reforms and civilian oversight. spring to HBO’s largest premiere ing other categories. — CARA EISENPRESS in total compensation. — AARON ELSTEIN — HILARY POTKEWITZ viewership in four years.  is summer her production company starts shoot- ing Martin Scorsese’s e Irishman for Net ix.  e lm stars De Niro Co-managing partner, Himmel & Mering- recently raised through re nancing and Al Pacino and has a reported off Properties 2016 ASSETS $1 billion-plus current holdings . $125 million budget, one of the largest NYC IMPACT Member, Board of Governors, And the growth spurt has already ever for Scorsese. Executive Committee, Real Estate Board — MIRIAM KREININ SOUCCAR of New York begun. Earlier this month Himmel purchased a $25 million Long Island OVER THE PAST three de- City warehouse that she believes will cades, Leslie Himmel has one day cater to tech, science and “ I HAVE A #47 built a 2 million-square- academic tenants that want to be close NEW foot portfolio of commer- to Cornell Tech’s Roosevelt Island TALENT FOR cial buildings, making her campus, just one subway stop away. DEALING WITH rm, which she runs with business It’s an area with which she is quite partner Stephen Meringo , into one of familiar. “People always ask me, ‘How DIFFICULT the city’s best-known o ce landlords. did you know to buy in Long Island But that was just a prelude; during the City in the 1980s?” she said, referring MEN” next ve years, Himmel is planning to to a building she has long owned on — Jane Rosenthal in LESLIE grow her rm’s holdings by another Queens Boulevard. “We like to buy New York magazine $1 billion by reinvesting the more in emerging neighborhoods that we HIMMEL, 63 than $500 million she and Meringo believe have upside.” — DANIEL GEIGER

JUNE 26, 2017 | CRAIN’S NEW YORK BUSINESS | 21

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3/30/2017. Jurisdiction DE. The date NY (SSNY) on 5/5/17. Office location: A VALID PHOTO ID IS REQUIRED TO GAIN ACCESS INTO THE BUILDING, IF YOU of its org. is 3/30/2017. Office locat- NY County. SSNY designated as agent ARE HAND DELIVERING YOUR PROPOSAL. ed in NY County. The Secretary of the of LLC upon whom process against it State of NY ("SSNY") is designated as may be served. SSNY shall mail proc- agent upon whom process against it ess to: c/o The LLC, 800 3rd Avenue, may be served, the address to which Ste. 3703, NY, NY 10022. Purpose: the SSNY shall mail a copy of such any lawful activity. process is: 26 W 17th St., Ste 801,

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P023_CN_20170626.indd 23 23 6/22/20176/23/2017 12:29:19 6:34:31 PM PM

GOTHAM GIGS

YOU ARE HERE: Roberts and his works

BY LANCE PIERCE

Worlds of wonder Scientist, web engineer and conjurer of fantastical realms, Jonathan Roberts is charting his own path

onathan Roberts received an unusual email five years that terrain was complete did Roberts begin laying in the ago. It came from Random House. George R.R. Mar- cities and towns and the roads that connect them. “Add the Jtin, author of the smash hit Game of Thronesseries, labels, adjust lines so that it’s all readable and send it over JONATHAN ROBERTS loved the fantasy maps Roberts had posted online, for sign-off,” Roberts said. Simple, right? and he wanted him to create 12 mythical maps for the Growing up in Scotland, Roberts spent hours drawing AGE: 36 book The Lands of Ice and Fire, a companion to the series. treasure maps in his garden and crafting massive, intri- “It was a dream opportunity,” Rob- cately detailed realms for the Dun- BORN: Edinburgh, Scotland erts said. “In great fantasy sagas, the Cartography is geons & Dragons games he played RESIDES: Chelsea world is its own character. It defines the “ with friends. When he’s not conjuring EDUCATION: Bachelor’s and action, the possibilities and the deci- quite meditative. fantastical landscapes, Roberts works master’s in physics and philosophy, University of Oxford; Ph.D. in theo- sions of the characters. Understanding You can tune out a as chief innovation officer at dotdash retical high-energy physics, Universi- the world is usually key to understand- lot when mapping .com, formerly about.com, and he ty of Southampton ing the plot, and that requires a map.” sees plenty of crossover between a mountain range FANTASY YOUTH Roberts grew The only catch? He had just 12 ” ­mapmaking and his work as a data sci- up in a 1,000-year-old farmhouse weeks to complete the work. So Rob- entist. “I think of maps as infograph- between the ruins of Rab Gibb’s erts started drawing. “I mapped the whole world on a Mac- ics,” he said. “They are a tool that provides a reader with a castle and a Bronze Age fort. Book Pro at 300% zoom,” he said. At that scale each map way to reason about a world they can’t see—whether that’s “Around every corner there were hints and whispers of centuries of measured 9 feet wide and 6 feet tall, but the perspective a hiking map allowing you to plan your route or a fantasy stories and history.” allowed Roberts to focus on tiny quadrants and nail the map allowing you to reason about parts of the world the GOOGLE REDUX After a speech to details. “If you’re not careful, you can illustrate that small author may never visit.” Google staff on the origin of cosmic piece beautifully but have it look totally different from the Disparate though they may seem, Roberts says that rays, Roberts sensed something was rest of the map.” So Roberts, a theoretical particle physicist both of his professional passions share a common root in amiss. “They were a little disappoint- by training, set up a system: “All the line art first, feature by his love of science. “Science communication is the exercise ed it wasn’t a talk about Game of Thrones,” he said. So Google invited feature. Then work through the coasts, then the mountains of mapping your understanding of the world in a way that him back to talk about the show.

BUCK ENNIS and rivers, then hills, forests and swamps.” Only after all others can understand,” he said. — NOAH DAVIS

24 | CRAIN’S NEW YORK BUSINESS | June 26, 2017

P024_CN_20170626.indd 24 6/23/2017 3:47:06 PM SNAPS

Home run for kids DREAM had a lot to cheer for at its June 5 gala. The nonprofit raised a record $5.2 million for the academic and sports programs it runs for children in East Harlem, the South Bronx and Newark, N.J. The funds will help it fulfill its expansion plans. In September, eight years after starting a charter school that extends from pre-K to middle school, DREAM will open its first high school. Located in East Harlem, it will serve 100 students, bringing the total number of children DREAM educates to about 570.

Donovan Mitchell, director of player relations and community engagement for the New York Mets, and Tim Teufel, minor league instructor and club ambassa- dor, took part in the DREAM fundraiser at Cipriani 42nd Street with Tom Brasuell, vice president of community affairs for Major League Baseball.

Event chairmen Karim Assef, chairman of global investment bank- ing at Bank of America Merrill Lynch, and Mark Teixeira, former New York Yankees first baseman, celebrated with honoreeRon Moelis, chief executive and founding partner of L&M Development Partners; Jack Harrison, a midfielder for New York City Football Club; and Bobby Le Blanc, senior managing director of ONEX.

Special Arts ed for Lincoln Center care The Hospital for Special Surgery held its 34th annual tribute dinner June 5. HSS president and CEO Louis Shapiro appeared and gala host Maria Bartiromo, Fox Business Network anchor and global markets editor, helped the event raise $3.6 million.

Lincoln Center for the Performing Arts hosted its educational and community outreach gala May 23. In attendance were board members Chandrika Tandon, founder of Tandon Capital Associates and a Grammy-nominated singer, and Betty Levin, president of Corporate Art Directions, with Russell Granet, executive vice president of Lincoln Center education, community engagement and international.

Craig Ivey, president of Con Edison, with his wife, Janise, supported the hospital at its event at the American Museum Lincoln Center’s chairman, Katherine Farley, and president, Debora Spar, flank of Natural History. Tina Brown, event honoree, journalist and author. The fundraiser at the Stanley H. Kaplan Penthouse raised $700,000.

DREAM, MARI KON, DON POLLARD SEE MORE OF THIS WEEK’S SNAPS AT CRAINSNEWYORK.COM/SNAPS. GET YOUR GALA IN SNAPS. EMAIL THERESA AGOVINO: [email protected].

June 26, 2017 | CRAIN’S NEW YORK BUSINESS | 25

P025_CN_20170626.indd 25 6/23/2017 1:41:24 PM SPECIAL ADVERTISING SECTION OF CRAIN’S NEW YORK BUSINESS

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CN018294.indd 1 6/20/17 12:24 PM PHOTO FINISH

Neighover f you think modern air travel is rough on humans, here’s a tale of woe straight from the horse’s mouth. For several decades, international race and show horses arriving in the city were transported from John F. Ken- Inedy International Airport directly to a quarantine facility in Newburgh, N.Y.—adding a two-hour drive to their journey before a single hoof hit U.S. soil. But when a new equine import wing opens at JFK this summer, jet-setting thoroughbreds will deplane straight to the Ark Pet Oasis, where hooves will be disinfected, re- quired blood work completed and straw and feed provided as they serve out their USDA-mandated minimum three-day quarantine. Founded by Elizabeth Schuette and John Cuticelli Jr., with support from Cornell’s College of Veterinary Medicine, the $65 million, 178,000-square-foot Ark clears pets through customs and provides boarding and medical care for the roughly 15,000 cats, dogs, birds and domestic livestock that pass through JFK every year. Prices for dogs and cats start at $125, while housing a horse can cost several thousand. In the above export wing, which opened in February, working horses are fed and groomed as they rest up in preparation for an international ight. “Most of the horses coming through here have done this many times before,” said Schuette. “ ey’re consummate professionals.” — PETER D’AMATO BUCK ENNIS

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