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resorts world casino new york city VOL. XXIX,NO.5 duct Raceway. attheAque- location toitsQueens tourists tolure anaggressivelaunching strategy beforewell ashovel breaks ground. nos upstateisabouttofacestiffcompetition hard-hitregions bybuildingthree casi- cally of the city’s 52to millioneconomi- tourists Cuomo’s Andrew some plantoattract Gov. BY LISAFICKENSCHER NEWSPAPER gamblersupstate plans tolure visitors asrivalsready bidforcity Aqueduct racinotolaunchaggressive Resorts Resorts World Casino is on the verge of ELECTRONIC EDITION CRAIN’S WWW.CRAINSNEWYORK.COM E OKBUSINESS YORK NEW World generated$638millionin revenue in Resorts year. ited initsfirstfullcalendar peoplevis- than10million with locals.More andisalready popular track horse-racing abigcnlmrt,Genting Group. gambling conglomerate, isowned which byaMalaysian-based no, tothecasi- were from outoftown,according inthecountry.other casino more intaxes thanany coffers—contributing ofwhich$435millionwent tostate 2012, The 15-month-oldracinoisadjacenttoa nyafato ftevstr,however, ofthevisitors, afraction Only Top executive recruiters med school The road to Obamacare begins in REPORT Midtown Tunnel. stops before headingthrough theQueens- making justtwoorthree for 18hoursaday, 30minutes every willrun Chinese culture, sorts World in ofgoodfortune andsymbolic thesignature colorofRe- redbright buses, The totheracino’stors annually doorstep. could delivermore visi- thanahalf-million from midtown Manhattan that busservice ly afree launch dai- thecompanywill 90 days, u htcudcag on Inthenext soon. But thatcouldchange PAGE 13 PAGE HEALTH CARE World stand out. World stand carpet, makesResorts notjust revenue, EYE-POPPING FEBRUARY 4-10, 2013 PRICE:$3.00 H LIST: THE ® See BETTINGonPage24 PAGE 16 Mr. Mayor good, did You ALAIR TOWNSEND aigi apn Hebalancedthe budgetone making ithappen. and force intellect to ofwill energy, enormous around.turned ready topositthatitcouldbe withfew decline, insteep Itwasacity dren ortowork. tocollege many were afraidtovisitorsendtheirchil- place andweirdways,a forprofligacy poster city 1980s seemlikedistantmemories. ofthe1970sandearly thedark days annually, amagnetformore tourists than50million city of young entrepreneurs tech andthe the energy with aneconomybristling budgets behindus, ofbalanced low,years crime its spirit.Now,with back usedtosaythathegave thecity Ed Koch et reassuringthebusinesscommunity. ment, tices now manage- commontothecity’s fiscal He implemented responsible budgeting prac- themoff early. paying eventually loans, federal debt andhemorrhagingjobspeople. by the miredstate but was still in bankruptcy business inNew York City. be argued that no mayor has done more for Butitcould Ed Kochwasnotabusinessman. BY ANDREWJ.HAWKINS ANDCHRISBRAGG of business into a friend Mayor grew THE INSIDER CITY HALLDAYS: CITY REMEMBERING dKc a e obs andheputhis doubts, hadfew Ed Koch heldupasthe New York wasreviled then, A h ie there wasareal questionabout “At thetime, Kochslashedthebudgetandlanded Mr. thathadbeensavedfrom acity He inherited Ms. Townsend 1980s herbossinthe with e H INSIDERonPage6 See THE ED KOCH See GOODonPage2

newscom REMEMBERING ED KOCH

You did good, FYICRAINSNEWYORK.COM Mr. Mayor

Continued from Page 1 Bloomberg’s budgetary year ahead of the schedule mandated by a swan song is no gift state law basically putting the city into receivership. He made all New Yorkers feel t first glance, Mayor Michael part of his team by asking,“How’m I doin’”? Bloomberg’s $70.1 billion budget plan, He directed an ambitious plan to salvage derelict housing by turning it into affordable Aunveiled Jan. 28, seemed like a parting apartments. He sponsored incentive pro- gift to New Yorkers: no new taxes, no layoffs grams to expand business in the outer bor- and no slackening of city spending. newscom oughs. He increased the Police Department as rapidly as resources allowed. He was a Alair Townsend But a closer look at the mayor’s 12th and final budget raises some questions, if not hackles. For relentless cheerleader for the city he loved. example, he is counting on earning $600 million from the sale of yellow-taxi medallions, a sum He used to say that “public service is the noblest of professions that remains tied up in the courts.There’s also no mention of the loss of $250 million in state aid if done honestly and done well.” As a member of his team for after a breakdown in talks between the administration and the teachers’ union over a new more than seven years, I know how much he meant it. He hired me as budget director in 1981 as the result of a search he asked teacher-evaluation plan. And then there’s the closing of 20 firehouses and the slashing of 1,800 three business leaders to undertake.He didn’t know me,and nev- teaching positions through attrition. er asked about my political affiliation. In the past, the mayor’s harsher budget prescriptions were buffered via negotiations with the After three and a half years as his budget director, he asked City Council. Some of that is likely this year as well. me to be his deputy mayor for finance and economic develop- ment. On what I remember as my first day on the new job, he In retrospect, budget wonks give Mr. Bloomberg high marks for his fiscal stewardship. But they took me with him to the opening of a vertical mall at Herald also note dark days ahead for his successor, citing, among other things, unresolved contracts with Square. On one of the top floors there was a carousel that mall big public-employee unions. “The next mayor is going to have some very, very serious problems— officials asked him to ride—all alone,while cameras flashed.He Carol Kellermann did it gamely.In the car later,he instructed me:“See,Alair,child- very,” Citizens Budget Commission President told The New York Times. like but not childish.” It was yet another in a series of lessons Mr. Bloomberg’s response to reporters when asked if he feels he has left the city on sound from the master. fiscal footing? “I think so.” —andrew j. hawkins As a professional, what meant the most to me and, I believe, others who worked for him was the fact that he gave us respon- sibility and authority.He thanked us both privately and publicly, TIME CLOCKS STAFFERS. In its biggest ruptcy in the coming months. Any feeling that our success enhanced rather than diminished his round of layoffs since 2008,Time Inc. partnership would need state aid, ac- HOORAY! stature. After all, he had selected us. cut 500 jobs—6% of its total. It’s déjà cording to Brookdale’s CEO. Mean- PATH TRAIN In meetings deliberating tough issues,he sought all our views. vu for the publisher of Time and Sports while, his counterpart at Maimonides service More than once I offered an opposing view to the emerging con- Illustrated, which under former CEO told Crain’s that the hospital does not between sensus but was never ridiculed for it. Whatever the decision, I Ann Moore slashed thousands in the plan to use its assets to stabilize Brook- Hoboken and JEFFERIES’ $45M MAN. the World could sleep untroubled, knowing I had called it as I had seen it first decade of the new millennium. dale. … He’s Trade Center and done my job. The layoffs had been expected ever done it again. For the second time in resumed Jan. I saw firsthand his political courage and learned from it. Ed since CEO Laura Lang brought in three years, Jefferies Group Inc. CEO 30 for the first time since Koch was the right leader for the challenges the city faced, and consultants Bain & Co. for a top-to- Richard Handler ranks as Wall Superstorm we see his legacy all around us today. bottom review of the company. … Street’s best-paid leader. His $45.2 Sandy hit. Columnist Alair Townsend, a former publisher of Crain’s New York 9/11 FUND CHECKS IN. Payments million compensation package is Business, was a budget director and deputy mayor under Ed Koch. ranging from $10,000 to $1.5 million more than twice the $21 million raked will be sent to 15 emergency respon- in by Goldman Sachs’ Lloyd Blank- OY VEY! LISTEN to a discussion at CrainsNewYork.com/podcasts ders who worked at Ground Zero. fein and four times the $11.5 million 30 Rock is The payments will be the first to flow JPMorgan Chase paid Jamie Dimon, gone. The from a $2.8 billion after a tussle with the filmed-in-NY THIS WEEK IN CRAIN’S fund set up by Con- so-called London comedy aired ‘We can’t TWO MORE its series finale gress to compensate Whale.… on Jan. 31. first responders who afford to be FOR MAYOR. Billion- THE INSIDER ------1 developed health aire John Catsima- ALAIR TOWNSEND------1 problems after work- timid’ tidis and NYC Public ing at Ground Zero —City Housing Authority Advocate Bill de Bla- IN THE BOROUGHS------3 after the 9/11 terrorist Chairman John Rhea, on sio tossed their hats that would grant the state power to de- ambitious new plans to IN THE MARKETS------4 attacks.To date, how- into the mayoral ring velop such a plan,which the city needs ever, the two-year-old eliminate a backlog of last week. Mr. Catsi- to qualify for millions of dollars in state BUSINESS PEOPLE ------8 420,000 repairs in public MODULAR MAN fund has received few- housing by year’s end matidis, a Democrat and federal aid. … OPINION ------10 er than 100 applica- turned Republican, STEPS ASIDE. Brooklyn’s biggest de- GREG DAVID------11 tions. A total of had little to say about veloper, Forest City Ratner Cos., is 34,000 claims for aid had been antici- his policies beyond calling for the city getting a new CEO as Bruce Ratner, DIGITAL NY ------12 pated. … RX FOR A SICK HOSPITAL. to host another world’s fair. Mr. de 68, steps down. The news comes SMALL BUSINESS------12 Brooklyn’s Maimonides Medical Blasio, a Democrat, promises to be a weeks after he broke ground for the Center and Brookdale University mayor for the masses. … MR. world’s tallest modular apartment REPORT: HEALTH CARE ------13 Hospital are exploring a possible CUOMO’S ULTIMATUM. Gov. Andrew tower. He will be succeeded by Exec- THE LIST ------16 merger or formal affiliation. Mai- Cuomo told the mayor and teachers’ utive VP MaryAnne Gilmartin, one NEW YORK, NEW YORK monides is perfectly healthy financial- union officials to come up with a of the few women to rise to the top CLASSIFIEDS ------Katherine Schwartz’s 19 ly, but Brookdale is burdened with teacher-evaluation plan, or else. Mr. ranks in real estate development in the Rhodesian Ridgeback,Tank, REAL ESTATE DEALS------22 debts so heavy that it may file for bank- Cuomo threatened to propose a law city. —amanda fung is ready to preen his way to glory at the Westminster SOURCE LUNCH------26 P. 25 Kennel Club dog show OUT AND ABOUT ------27 STORIES TO WATCH THIS WEEK vol. xxix, no. 5, february 4, 2013—Crain’s New York Business (issn 8756-789x) is published weekly, except for double issues the weeks of July Fourth, Labor Day and Christmas, by Crain Communications Inc., 711 Third Ave., New York, NY 10017. Periodicals postage paid at Feb. 6: 36th Feb. 6: Contract Feb. 7: New York Feb. 10: Lunar New York, N.Y., and additional mailing offices. Postmaster: Send address changes to: Crain’s annual Empire covering East Fashion Week New Year begins. New York Business, Circulation Department, 1155 Gratiot Avenue, Detroit, MI 48207-2912. for subscriber service: Call (877) 824-9379. Fax (313) 446-6777.$3.00 a copy, $99.95 one State Building Coast port labor to begins. Some politicians year, $179.95 two years. (GST No. 13676-0444-RT) ©Entire contents copyright 2013 by Crain Communications Inc. All rights reserved. Run-Up expire, threatening have proposed a shipping industry school holiday.

2 | Crain’s New York Business | February 4, 2013 IN THE BOROUGHS ‘Made in USA’sees an uptick QUEENS Apparel-making Big project picks up (slightly) in NYC as trends favor is missing city manufacturers in Flushing BY ADRIANNE PASQUARELLI

Manufacturing clothes in the gar- 8 years after plans ment center might seem like a step back in time—but it’s actually for- unveiled, still no sign ward growth for Ricky Schiffer. In of actual progress December, the third-generation LOCAL TIES: sweater maker, with his business Paulette Garafalo of partner, Leonard Keff, opened a Brooks Brothers, BY CHRIS BRAGG 7,500-square-foot knitting factory which manufactures on West 36th Street. neckwear at a factory For almost a decade, small business in Long Island City “We are just the first of many to owners and others have been brac- come,” said Mr. Schiffer, who has ing for a huge development project committed $2.6 million to the pro- slated to rise in Queens’busiest busi- ject. “We’ll keep growing.” ness district: downtown Flushing. The Made in USA movement is Fat chance. To date, no ground- gaining steam, as retailers from breaking has occurred—or even Brooks Brothers to Walmart push to been scheduled—for the $825 mil- manufacture their wares in the lion Flushing Commons project. United States to appeal to patriotic “It’s like this comet that we were consumers and avoid costly over- told was coming,”said Ikhwan Rim, production as overseas labor and a third-generation jewelry-store shipping costs rise. Surprisingly,the owner in the neighborhood. “It trend is playing out on a smaller never came.” scale in the city. Civic leaders, local lobbyists and For an area that has seen apparel- even elected officials all admit they making plummet—last year, on av- still have no idea what is going on erage, there were 14,900 apparel with the housing, retail and office manufacturing workers in New project. Marilyn Bitterman, district York City, and two decades ago, manager for Community Board 7 in there were more than 80,000, ac- Flushing, said she recently ran into cording to the New York State De- one of the developers and was told an partment of Labor—new factories announcement on the groundbreak- are welcome additions. ing was coming soon—though she Mr.Schiffer’s factory,Keff NYC, has been told the same thing before. has eight knitting machines (each In 2005, Flushing-based TDC costs $100,000), and he has ordered Development, backed by the blue- a dozen more. Though the compa- chip Rockefeller Group, won the ny is currently making samples, Mr. rights to knock down a five-acre

See MADE on Page 22 buck ennis See BIG on Page 18

Borough chambers unite STATS AND THE CITY

BLACKBERRY IS BACK, MAYBE? Once-ubiquitous BlackBerry is angling to speak for the little guys for a comeback with a revamped smartphone, the BlackBerry10.

tion,” said Queens Chamber of rums pinning down pledges from Nonprofit hopes to Commerce President Jack Fried- candidates on particular small busi- be a Partnership for man. “We want to speak for small ness issues, Mr. Friedman said. mom-and-pops.” It will be administered by the NYC-type group for The nonprofit will be the 501(c)4 Brooklyn Chamber of Commerce, small businesses arm of the Five Borough Chamber according to Mr. Friedman, and will push issues of common interest among the five borough chambers’ 4.6% 1,601 BY CHRIS BRAGG The agenda is BLACKBERRY’S global smartphone POLE-TOP installations in members.The agenda is likely to in- market share, down from 19.9% in NYC, which enhance cell likely to include clude opposition to paid sick leave,as 2009. Apple holds about 19%. service and generate Tired of depending on deep- well as regulatory reform and small $2.2M in annual revenue pocketed big-business interests to businesses’ budget priorities in the for the city fund their legislative fights, New opposition to city budget. But the group won’t York City’s small business leaders are touch issues of potential disagree- $2.35B paid sick leave BOOK VALUE of BlackBerry and its looking to strike out on their own. ment,such as congestion pricing,and info-tech division, as of December 153.7K The heads of New York City’s does not plan to make endorsements. 2012, with 77 million subscribers NYC SUMMONSES five borough chambers of com- “Over the past two or three years, issued for driving while merce met on Feb. 1 to plot the for- we’ve been getting much more or- using a cellphone in FY mation of a new, issue-based advo- ganized, and a 501(c)4 will allow us 2012, down 19% from cacy groupthat they hope will be the 45.5% FY 2008 Alliance, which was formed in 2009 to use money to advocate on issues, SMARTPHONES’ share of the small business equivalent of the to fight against a union-backed push and for voter education on business- Sources: IDC, Research in Motion Ltd., cellphone market NYC Dept. of Information Technology & Partnership for New York City. for mandated paid-sick-leave legis- friendly issues,” Mr. Friedman said. Telecommunications, Mayor’s Office “Some people think the Partner- lation. Its lobbying may include It remains uncertain whether lo- istockphoto ship is the voice of business, but everything from running advertise- cal small businesses will have the fi- ADDICTED TO NUMBERS? GET A DAILY DOSE AT @STATSANDTHECITY they’re a large Manhattan organiza- ments to holding 2013 mayoral fo- See CHAMBERS on Page 22

February 4, 2013 | Crain’s New York Business | 3 IN THE MARKETS by Aaron Elstein

high in the markets, is especially el- evated after he and hedge-fund foe Investors and the Bill Ackman engaged in a long and colorful catfight on CNBC last month. But the main reason in- wrath of Icahn vestors are casting their lot with Mr. Icahn is that for decades he has suc- cessfully pestered scores of under- wo years ago, Carl Icahn decided he was tired of performing companies to shape up managing other people’s money, so he returned $1.8 or sell out so investors can make hefty profits. With the long- billion to his hedge-fund clients and told them to dormant corporate-merger scene ACTIVIST ICON: Investors want a T piece of Carl Icahn. Shares in scram. But the legendary investor just can’t seem to keep the showing signs of reviving, Mr. publicly traded Icahn Enterprises crowds away. Icahn’s cantankerous place is where are up 56% since Christmas. Shares in Icahn Enterprises, Mr. Icahn’s publicly traded lots of investors long to be. “In an environment like this, in- newscom company, have soared by an eye-popping 56% since vesting with an activist is pretty ap- Christmas. It’s by far the best performance of any financial pealing, and there is no better ac- recent run-up, fewer than 60,000 giving investors like Mr. Icahn suf- stock, according to the Bloomberg/Crain’s index of 200 New tivist than Icahn,” said Damien Park, shares changed hands daily.But as a ficient notice. The matter was set- managing partner at Hedge Fund Solu- conglomerate it is formidable. The tled out of court. York-area companies. tions, a firm that tracks activist in- companies it owns, including Ameri- Cashing out investors in his “This is an investor’s chance to ride on Carl’s bus,” said vestors. “You can’t invest directly can Railcar, auto-parts maker Federal- hedge fund in March 2011 also left a David Merkel, who invests in Icahn Enterprises’ stock on with him anymore, so the way to go Mogul and casino operator Tropicana, sour taste with some. In the spring, Aleph is the indirect route by investing in collectively employ 58,000 people. Mr.Icahn liquidated positions in two behalf of clients at his money-management firm, his company.” The real draw, however, is the biotechnology stocks,Biogen Idec and Investments. Icahn Enterprises is a tiny stock. company’s $2.3 billion parked in Regeneron Pharmaceuticals, that com- In part, the rally reflects how Mr. Icahn’s profile, always Even as volume tripled during the Mr. Icahn’s private investment bined were worth more than $1 bil- funds, which hold significant posi- lion, according to a regulatory filing. tions in hot stocks like Netflix, which He didn’t have to share his gains with has tripled in the past year as Mr. outsiders because he’d already forced Icahn lobbied for a takeover.Anoth- them out of his hedge fund. er big holding is Chesapeake Energy, “The question with investing the oil and gas explorer whose CEO with Carl is, do you trust him to do resigned last week under pressure what’s right for anyone not named from Mr. Icahn after taking out $1 Carl Icahn?” Mr. Merkel said. billion in loans from the company. There’s no question who calls the Those kinds of moves have given shots at Icahn Enterprises: Mr. Mr. Icahn such clout that it’s news Icahn personally controls 93% of the any time he discloses a position and shares. Most institutional investors the company’s stock price invariably don’t bother with the stock. rises.By one conservative count,he’s Mr. Icahn, who wouldn’t com- conducted 109 activist campaigns ment for this article, turns 77 next against 89 companies just since week and has shown signs in recent 1994, according to research firm years of easing back a bit.In addition FactSet SharkRepellent, although that to returning his hedge-fund clients’ figure understates his tenacity since money,last year he seemed to desig- he first made waves as a “corporate nate his son Brett, 33, as successor by raider” in the 1980s. agreeing to hand him and a partner Over his long career,he’s amassed up to $3 billion over four years to in- a $15 billion fortune and is notorious vest. The younger Mr. Icahn has for fighting over every last dollar. worked at his father’s firm for a For example, last year Goldman decade, and a $300 million invest- Sachs and Deutsche Bank sued a com- ment portfolio that he started co- pany called CVR Energy, alleging Mr. managing in 2010 returned 96% Icahn instructed management to re- through last June, according to a fuse to pay each bank $18.5 million regulatory filing. in fees they were owed for analyzing In the past,Mr.Icahn has strong- his takeover bid. CVR denied Mr. ly denied any plans of retiring, and Icahn issued any such order, but, in people who know him well say they any case, after the activist acquired a are certain he will continue at his job majority stake last year for $2.6 bil- until he is physically unable to do so. lion, the company’s stock price His foundation, which supports doubled. such causes as charter schools in the Mr. Icahn is so battle-ready that Bronx that bear his name, has got- he’s been known to turn against his ten more visible lately. In Novem- partners, such as when he went to ber, he pledged $150 million to the war against Warren Lichtenstein,a Mount Sinai School of Medicine, which prominent activist he teamed with was renamed in his honor. People in 2006 to shake up tobacco maker who know him say his wife handles Korea Tobacco & Ginseng.That invest- most of the charity activities. ment generated a 33% return in just “It’s not as if he’s got a big life 10 months.But in 2009,he sued Mr. outside of work,” said a person who Lichtenstein for allegedly trying to has worked with Mr. Icahn on ac- take his hedge fund public without tivist campaigns. Ⅲ

When you’re so close to your ocean view room, so close to famous art, and so near WEEKS THAT COMMODITIES have rallied without a café cubano, you’ll know. No tweet, snapshot or posting will ever be enough. interruption, according to Bloomberg News. Such You so have to meet here to get it. MiamiMeetings.com a lengthy rally in the Standard & Poor’s GSCI Spot Index, which tracks the prices of 24 raw materials, ©Greater Miami Convention & Visitors Bureau – The Official Destination Marketing Organization for Greater Miami and the Beaches. 8 hasn’t happened since 1996 and reflects investors’ betting on an improving global economy creating more demand for everything from copper to corn.

4 | Crain’s New York Business | February 4, 2013 SHARE EVERYTHING. NOW, FOR YOUR BUSINESS. Get your business up to 50 GB of shareable data on up to 25 devices, plus Unlimited Talk and Text all on America’s Fastest 4G Network.

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Activation/upgrade fee/line: Up to $35. IMPORTANT CONSUMER INFORMATION: Subject to Cust. Agmt, Calling Plan, rebate form & credit approval. Up to $350 early termination fee/line & up to $15/GB after allowance. Offers & coverage, varying by service, not available everywhere; see vzw.com. Rebate card takes up to 6 wks & expires in 12 months. DROID is a trademark of Lucasfilm Ltd. and its related companies. Used under license. LTE is a trademark of ETSI. 4G LTE is available in more than 450 markets in the U.S. All other trademarks/IP shown are the property of their respective owners. © 2013 Verizon Wireless. F8602 THE East vs. west battle brews INSIDER by Andrew J. Hawkins and Chris Bragg decide where commercial develop- Critics say midtown ment takes place on its own time plan may jeopardize frame, but the city is on the hook you’d agree with me—the banks here,” Mr. Garodnick said. and the wealthy should put up the W. Side development To help pay for the extension of money. We’re broke!’ ” the No. 7 subway line to the West Mr. Koch’s $5.1 billion plan to BY DANIEL GEIGER Side rail yards, the city devised a build or rehabilitate around mechanism in which real estate tax 100,000 affordable apartments, A plan to rezone a large swath of newsbloonberg revenue from new development and devised on a napkin over lunch at midtown east to allow a new gener- proceeds from the sale of local air Junior’s restaurant in Brooklyn,be- ation of super-skyscrapers could ‘The city is on rights would service the billions of came one of his legacies. Donald cost the city dearly unless the plan dollars in debt needed to build the Capoccia, founder of BFC Con- can be delayed, according to critics the hook here,’ extension. struction, was a young planning- of the project who cite threats to the The recession, however, forced school graduate when Mr. Koch redevelopment of the Hudson Yards Councilman Dan many developers to delay or even began selling city-owned lots for area west of Penn Station. cancel their projects,curtailing their $1. Mr. Capoccia and his partners The city is counting on new de- Garodnick said payments to the city.According to a bought one on East Third Street, velopment around the rail yards to recent study by the city’s Indepen- across from a Hells Angels club. It generate hundreds of millions of dent Budget Office, $170 million in sherrie nickol was the start of his development ca- dollars in taxes and fees to pay part taxes and air rights were collected in Continued from Page 1 reer and of a model that “informed of the cost of extending the No. 7 the Hudson Yards area from 2006 to whether cities would continue to almost all the successive housing subway line to the area. zoning on West Side subway financ- 2012. That was $113 million— exist,” said William Rudin, chair- policies from different administra- City Councilman Dan Garod- ing.He also suggested that the start- nearly 40%—less than the city’s ini- man of the Association for a Better tions,” Mr. Capoccia said. “He was nick, whose district encompasses ing date for the rezoning could be tial projections. New York, whose father, Lewis, an amazing guy.” midtown east, raised his concerns delayed from the current target of The money was used to pay a worked with Mr. Koch to secure Though leery of big business, last week at a breakfast panel hosted 2017 to allow a commercial district portion of the $517.5 million in in- the city’s financial footing. “There Mr. Koch gave tax breaks for big by Crain’s. He said that more time to take shape in the Hudson Yards terest payments due on the bonds were questions about whether New projects. He revamped economic should be taken to weigh the poten- area. through 2012. Because the revenue York City was ungovernable, and development, streamlining and tial impact of the midtown east re- “I would ordinarily let the market See EAST on Page 24 Ed Koch brought it back.” professionalizing disjointed offices The 1970s downturn cost the under the banner of the Public De- city 800,000 residents and more velopment Corp. Projects sprung than four times as many jobs as did up that changed the city: the South the recession of 2008 and 2009, ac- Street Seaport, the Times Square cording to Greg David’s book revitalization, MetroTech in Modern New York:The Life and Eco- Brooklyn, the College Point Cor- nomics of a City.Mr.Koch conclud- porate Park in Queens and Ford- ed that he could revive New York ham Plaza in the Bronx. only if the economy and the busi- “He deserves credit for taking nesses that powered it received his economic development out of intense attention,wrote Mr.David, Manhattan and building across all a Crain’s columnist. five boroughs,” said Steven Spino- “This was a decisive break be- la, president of the Real Estate cause mayors before Koch, all the Board of New York, who headed way back to the revered Fiorello La the Public Development Corp. Guardia, had not from 1983 to 1986. understood the He made de- economy or saw it as Koch knew mands of developers a resource to be taxed as well, asking them and used to right so- he needed to improve roads near cial wrongs,” he ex- their projects, re- plained. business to called Sam Schwartz, Still, having been who was traffic com- a liberal Greenwich revive NYC missioner and chief Village councilman, of engineering in the Mr. Koch regarded Department of banking and real- Transportation. Invest in estate executives as Mr. Koch also “captains of indus- wrested back the try” who cared little about the city’s city’s bridges from the state. At the the American Dream poor and working class, said time, city infrastructure was falling Kathryn Wylde, president of the apart. A Brooklyn Bridge cable Partnership for New York City. snapped in 1981, killing a tourist. “Koch was suspicious of capital- Falling debris killed a dentist on COMING HOME FROM THE IRAQ WAR, Richie Mohamed took the opportunity to get ists,” she said. “But he wore down the Franklin D. Roosevelt East on that as he got older.” River Drive. a good construction job. He can provide for his wife and son because he earns fair With no capital budget, Mr. “It was all in danger,” said Mr. wages with retirement benefits and health insurance that covers his family from Koch had to rely on the private sec- Schwartz.“His lasting legacy is the his job at the World Trade Center. tor to finance his plan to rehabilitate fact that the bridges 25 years later housing. Ms. Wylde recalled him are standing tall and strong.” meeting with Chase Bank President Mr. Koch convinced business- Good jobs allow Richie and nearly 200,000 other building construction, maintenance, David Rockefeller and Ford Foun- people that competency had re- operations and security workers to live the American Dream. They have opportunities dation President Franklin Thomas. turned to city government. “Not for advancement and education in state-of-the-art training and apprenticeship “We walked into the meeting, everyone agreed with every single and Rockefeller was primed to ask decision that Ed made,” said Vin- programs that teach safe work practices and contribute to building a stronger and the city to put up some money for cent Alfieri, a managing partner at better New York City. housing development in a public- Bryan Cave, the law firm that em- private partnership,” said Ms. ployed Mr. Koch until his death. Wylde, a housing advocate at the “But clearly,I believe that the busi- time. “Koch turned the tables on ness community at that time saw Invest in Good Jobs and him, and basically turned to Frank Ed Koch as a man who was rescu- Ⅲ Responsible Development. Build Up NYC. Thomas and said, ‘Frank, I’m sure ing the city.” Crain’s Insider, our award-winning politics newsletter, is now a blog. Read it every day at www.crainsnewyork.com/insider

6 | Crain’s New York Business | February 4, 2013

BUSINESS 73% of 2012 U.S. M.B.A. grads received job offers prior to graduation PEOPLE Source: Graduate Management Admission Council

EXECUTIVE MOVES

Concern Worldwide U.S.: Joseph Cahalan, 70, joined the nonprofit as chief executive. He was previously president of the Xerox Foundation. Forrest Solutions Group: Peter Marcus, 46, joined the staffing agency as chief financial officer. He was previously director of finance at ChemRx. Key Brand Entertainment: Anne Rippey, 41, was promoted to chief marketing officer. She was previously president of both the Marketing Division and president of Type A Marketing, both of which she founded. New York State Bar Association: Stephen B. Land, 58, was named secretary of its tax section. He will continue his role as partner and chair of the tax practice group at Duval & Stachenfeld. Young Survival Coalition: Courtney Hagen, 39, was appointed a member of the nonprofit’s board of directors. She continues her role as senior director, executive talent acquisition, TWO MINDS, ONE at PepsiCo. PAYCHECK: Julie Denihan Hospitality Rottenberg (left) and Group: Thomas Elisa Zuritsky have been Botts, 43, joined as inseparable since age 9. chief customer They even share their income. officer and executive vice president, a newly created position. He was previously

buck ennis managing partner at Hudson Crossing. GOTHAM GIGS Lisa Zandee, 44, joined as senior vice president, brand management. She was previously a consultant and founded the James brand of hotels. Accenture: Laila Worrell, 45, was promoted to managing director of the consulting firm’s New York and New A Smash-ing partnership Jersey offices. She was previously senior managing director. CBIZ MHM: Scott Goldberg, 41, joined the professional-services firm as Longtime pals turn friendship into TV writing careere managing director, a newly created position. He was previously principal From the moment they met at age 9 during a of being an HBO show, and we did what we at MGAF CPAs. Jay Graham, 43, joined as managing ‘It was like Saturday afternoon acting class in Philadelphia, wanted,” Ms. Rottenberg, 42, said. “Here, NBC director. He was previously managing Elisa Zuritsky and Julie Rottenberg fantasized has a huge presence.” ¶ Experience informs their director at True Partners Consulting. being in Anchin Block & Anchin: Lee Peretz, 30, about writing together. ¶ In 1998, they turned writing.The character Dev, boyfriend of the was promoted to marketing director therapy,’ their friendship into a professional partnership. aspiring Broadway actress played by Katharine at the accounting firm. He was While shopping the first pilot they had co- McPhee, is a City Hall press secretary.The role previously marketing manager. said Ms. Coldwell Banker written, they met Darren Star, the creator of Sex was loosely based on the experience of Ms. Commercial Zuritsky of and the City, who soon after hired them to write Zuritsky’s husband, Jordan Barowitz, a former Alliance: April Michelle Simmons, on the show.There, they helped define a press secretary to Mayor Michael Bloomberg. 27, joined the real writing for generation of single New York City women. Now “Jordan came and talked to the staff and gave estate firm as marketing director. Sex and they are back as the writers of the NBC musical background on what this character actually did,” She was previously drama Smash, whose second season debuts Feb. 5. said Ms. Zuritsky. ¶ For 13 years, the two writer a client support the City ¶ “It was like being in therapy,” Ms. Zuritsky, 42, pals have split their paycheck.They’ve written specialist at Lexis Nexis Law Firm Marketing Solutions. recalled of the experience writing scripts for eight pilots, all of which were dropped before Arnold Worldwide: Lia Armatas, 26, Carrie Bradshaw and her cohorts. By 2004, the broadcast. Still, they hope to have their own series was appointed director of creative services at the advertising and duo were co-producers and executive story someday.“It’s really like a marriage,” Ms. marketing firm. She was previously editors, responsible for writing the show’s grand Rottenberg said. “There are many weeks when we creative services manager at Grey New York. finale.They say writing for Smash is different definitely spend more time together than with our Clarion Partners: Gary Rufrano, 34, from Sex and the City. ¶ “There, we had the luxury families.” —annie karni was promoted to director at the real

8 | Crain’s New York Business | February 4, 2013 estate investment management firm. He CORPORATE LADDER was previously senior vice president. Rick Schaupp, 40, was promoted to director. He was previously senior vice president. PHYSICIAN DIRECTS RESEARCH FOR SLOAN-KETTERING Tim Wang, 45, was promoted to director. He was previously senior vice president. CANCER RESEARCH has advanced significantly in recent years. With more therapies to evaluate, the clinical trial process has Doug Wolski, 44, was promoted to become far more complex. In response, Memorial Sloan-Kettering Cancer Center created the position of deputy physician in director. He was previously senior vice chief for clinical research. The hospital recently named medical oncologist Paul Sabbatini to the job. president. His marching orders are to streamline and accelerate the clinical research process with an eye toward keeping LIM College: Michael Londrigan, 58, has quality standards high. “From the time we start the approval process and enroll a patient, we want the time to be been appointed dean of academic affairs. shorter,” Dr. Sabbatini said. “Our ultimate goal is to achieve trials in 90 days.” He was previously chair of the fashion merchandising department. By “taking out impediments and streamlining the process,” he said, the hospital can get patients started in Pubmatic: Heather Menery, 31, joined clinical trials more quickly. A streamlined process will allow Sloan-Kettering to be more “nimble,” said Dr. Sabbatini, the publishing technology company as 49. “One trial informs another. Trials don’t have to be large.” director of sales, mobile. She was Dr. Sabbatini, who joined Sloan-Kettering in 1994, will have direct oversight of the Office of Clinical Research, previously sales director, advertising the Institutional Review Board and MSK’s various protocol review committees. exchange, at Velti. “More and more therapies must be evaluated,” he said. “We want to use our resources wisely.” —BARBARA BENSON Marks Paneth & Shron: Paul Bercovici, 55, was promoted to principal at the accounting firm. He was previously a director. Josefina Tranfa-Abboud, 48, was promoted to principal. She was previously a director. Fish & Richardson: Kristen McCallion, 38, was promoted to principal at the law firm. She was previously an associate. Tony Zhang, 37, was promoted to principal. He was previously an associate. Project: WorldWide: Charlie Anderson, 43, joined the marketing agency network as senior vice president, shopper marketing. He was previously chief executive, North America, at Saatchi & Saatchi X. IntraLinks Holdings Inc.: Rainer Gawlick, 44, was promoted to executive vice president of global sales and marketing at the technology services provider. He was previously chief marketing officer and executive vice president of North American sales. Sterling Infosystems Inc.: Richard Rothman, 60, joined the background- screening services company as senior vice president, client advocacy, a newly created position. He was previously senior vice president at Bernard Hodes Group. Tower Group Inc.: Bernard Kilkelly, 52, joined the property casualty insurance company as managing vice president of investor relations, a newly created position. He was previously vice president of investor relations at Delphi Financial Group Inc. Jewish Guild Healthcare: Judy A. Farrell, 54, joined the nonprofit as vice president, government affairs, for GuildNet. She was previously director of government affairs at the Visiting Nurse Service of New York. Gilbane Building Co.: Peter Ruffini, 55, was promoted to vice president at the construction and facilities management company. He was previously chief estimator for the New York region. Weil Gotshal & Manges: Paul Wessel, 51, joined the law firm as a partner. He was previously a partner at Milbank Tweed Hadley & McCloy. Ballon Stoll Bader & Nadler: Michael Sheppeard, 33, was promoted to partner at the law firm. He was previously an associate. Curtis Mallet-Prevost Colt & Mosle: Peter Behmke, 35, was promoted to partner at the law firm. He was previously an associate. —eva saviano

EXECUTIVE PROMOTIONS The fastest way to get an announcement into Crain’s is to submit online. Fill out the form at www.crainsnewyork.com/section/ executive_moves. The Executive Moves column is also available online.

February 4, 2013 | Crain’s New York Business | 9 OPINION CRAIN’S NEW YORK BUSINESS Landmarks’ historic overkill editor in chief Rance Crain publisher, vp Jill R. Kaplan architect for a basic task like redoing mortar joints knows. EDITORIAL ince its founding in 1965, the Landmarks editor Glenn Coleman Preservation Commission has been The commission defends its expansionism by saying managing editor Jeremy Smerd deputy managing editors Valerie Block, designating sections of the city “historic” to property values have risen faster in historic districts. But Erik Ipsen protect them from wanton demolition or there are other reasons for that: Those locales are often nicer assistant managing editor Erik Engquist senior producer, news Elisabeth Butler Cordova character-destroying renovation. to begin with, and tend to attract homeowners who keep news producer Amanda Fung After nearly 50 years, one might expect the their properties in top condition. Extending historic status to contributing editor Elaine Pofeldt columnists Greg David, Alair Townsend commission to have just about finished. But if marginal places won’t necessarily enhance property values; it crain’s health pulse editor Barbara Benson could even discourage owners from doing repairs because of senior reporters Theresa Agovino, anything, it is picking up the pace. It’s up to 108 historic Aaron Elstein, Lisa Fickenscher, Matthew Flamm districts, with another six pending. More than a few people the cost of satisfying the persnickety commission, where one reporters Chris Bragg, Matt Chaban, S Daniel Geiger, Andrew J. Hawkins, Annie Karni, in real estate—the ones with the cost and hassle of can’t shake a stick without hitting half a dozen master’s Adrianne Pasquarelli maintaining properties under the commission’s magnifying degrees in historic preservation. web reporter, producer Nazish Dholakia art director Steven Krupinski glass—believe the agency is getting carried away. Critics of landmark deputy art director Carolyn McClain Some suggest it keeps targeting new areas because, well, overkill have grumbled staff photographer Buck Ennis A preservation copy desk chief Steve Noveck that is the job of its research department, and so the staff for years but are afraid copy editor Thaddeus Rutkowski drones on. If it ropes in some buildings that are not classic, agency seems to antagonize the data editor Suzanne Panara assistant data editor Emily Laermer attractive or even old (30 is the minimum age), no matter. commission that wields researchers Eva Saviano, Amy Stern Historic or cultural importance—which can be subjective, to to be getting so much power over intern Ali Elkin say the least—can be cited to justify their designation. carried away their properties. In ONLINE AND INTERACTIVE SERVICES senior web developer, interactive Landmarking on steroids is bad for property owners, bad recent months, they Chris O’Donnell for business and bad for New York.The commission needs have begun to make ADVERTISING, MARKETING AND PRODUCTION to be more cautious about designating new districts, more of an effort to get director of custom content Trish Henry especially in commercial areas. the Bloomberg senior account managers Irene Bar-Am, David Harkey, Courtney McCombs, Suzanne Wilson Business districts certainly benefit from distinguished and administration’s attention. But the mayor’s people have senior account executive timeless architecture, but what makes them successful is many other things to do before a successor takes office in 11 Jill Bottomley Kunkes sales coordinator Danielle Wiener mass transit and a concentration of talent. Excessive months. An overhaul of landmarking procedures appears to newsletter product manager Alexis Sinclair landmarking precludes them from changing with the be very low on the priority list. Indeed, a City Hall credit Todd J. Masura (313-446-6097) director of audience & content marketplace. It also renders maintenance expensive, as spokeswoman says nothing is in the works. partnership development Michael O’Connor There should be. senior marketing manager anyone who has been forced by the commission to hire an Catherine Schutten director of conferences & events Courtney Williams reprint sales manager Lauren Melesio CRAIN’S ONLINE POLL COMMENTS production and pre-press director Michael Corsi advertising production manager Suzanne Fleischman Wies

TO SUBSCRIBE: Miscast on midtown For print and digital subscriptions or customer service, e-mail [email protected] ART SOCIETY ENDORSES to continue to insist on the Avenue Vacancies Near 20- or call 877-824-9379 (in the U.S. and Canada) or values that make New York Year High” ( Jan. 21): Sixth 313-446-0450 (all other locations). $3.00 a copy for NEW AND OLD TOGETHER the print edition; or $99.95 one year, $179.95 two City so successful—open Avenue and the premier years, for print subscriptions with digital access. Greg David’s column on the spaces and streets full of energy commercial and retail frontage www.crainsnewyork.com/subscribe proposed redevelopment of and vitality, a transportation space it offers to commercial TO ADVERTISE: midtown east, “Midtown holds network that works efficiently tenants remains one of the best SHOULD ANTHONY Contact Trish Henry at key to city’s future” ( Jan. 28), and is occasionally inspiring values in midtown. [email protected] or call 212-210-0711. WEINER RUN FOR CITY failed to capture the Municipal (see Grand Central Terminal), There are numerous class-A www.crainsnewyork.com/advertise Art Society’s perspective on the and great new buildings buildings with access to nearly FOR INFORMATION ON OUR EVENTS: COMPTROLLER AGAINST midtown rezoning effort. alongside important and every subway line, as well as Contact Courtney Williams at SCOTT STRINGER? Furthermore, the piece beautiful historic ones. landmarks like Rockefeller [email protected] or 212-210-0257. reinforced the false choice For the record, the Muni- Center and premier hotels for www.crainsnewyork.com/events Yes. He’s got campaign cash and name between careful planning/ cipal Art Society submitted world-class entertaining and recognition. New Yorkers forgive him. preservation and new landmark requests for 17 dining. TO CONTACT THE NEWSROOM: 711 Third Ave., New York, NY 10017-4036 No. He disgraced himself. Let’s forget him and development. buildings—a small percentage To assume that Sixth We do not, contrary to the of the 587 in the city’s study Avenue has lost its appeal is to editorial phone: 212.210.0277 fax 212.210.0799 move on. Entire contents ©copyright 2013 Crain Communications Inc. assertion in Mr. David’s area. overlook its high number of All rights reserved. ®CityBusiness is a registered trademark Date of poll: Jan. 29 column, “seek to freeze the look We applaud the prominent tenants, including of MCP Inc., used under license agreement. 349 votes of the neighborhood.” In fact, Department of City Planning Bank of America, UBS, NBC, CRAIN COMMUNICATIONS INC. BOARD OF DIRECTORS at our recent MAS Summit for for contributing to this News Corp. and others that chairman Keith E. Crain NYC, we invited three conversation, and we will have strong commitments to president Rance Crain 18% distinguished design firms— continue to be direct about the area. Yes treasurerMary Kay Crain Foster + Partners, SOM and our ideas. We’ll take the long-term Cindi Crain WXY—to present their ideas —vin cipolla view and bet smart tenants will executive vp, operations William Morrow on what the next century holds President pay significant attention to the senior vp, group publisher Gloria Scoby for midtown.The proposals are Municipal Art Society opportunities that Sixth group vp, technology, circulation, imaginative, ambitious and Avenue offers. manufacturing Robert C. Adams 82% vp/production, manufacturing David Kamis No thought-provoking. SIXTH AVENUE’S —sarah s. berman chief information officer Paul Dalpiaz Midtown has always been a STRENGTHS Executive director place of change, but as we founder G.D. Crain Jr. (1885-1973) Avenue of the Americas chairman Mrs. G.D. Crain Jr. (1911-1996) think about its future we need Re Crain’s article “Sixth Association secretary Merrilee Crain (1942-2012)

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10 | Crain’s New York Business | February 4, 2013 oring for mandate relief, a vague term for requirements imposed by The secrets in the the state without any money to pay for them. The conservative Empire Center guv’s pension plan and many local officials have been crusading for a push to reform the Triborough Amendment, which ov.Andrew Cuomo has a problem.Upstate cities, keeps labor contracts in place after they expire, tilting all negotiations counties and school boards are at wit’s end.A de- in favor of public-sector unions. clining population,an economy that has been de- Groups like the Citizens Budget pressed for two decades, a cap on property taxes Commission have outlined how to provide significant savings in special and rising costs have put upstate’s local govern- education, a crushing burden on Gments in severe financial distress. They want help—and they many schools, without hurting need it now, not in the future, when maybe some of the gover- children. nor’s economic initiatives will pay off. The governor proposed a tweak to the labor arbitration process, but So the governor says he wants to nothing that would amount to reduce their pension burden. much. And, sure, Triborough re- Sounds simple. It’s not. form would be difficult. So was get- Mr. Cuomo’s rationale. Last year, ting a property-tax cap and closing the governor forced the Legislature a $10 billion budget gap in Mr. to agree to a new, lower-cost pen- Cuomo’s first year without a tax in- sion plan for new state employees. crease. Ditto for special ed. In about 10 years, this will produce The politics. The key dates here are significant savings. The governor 2014 and 2016.Although the gover- says, Why wait? Let’s use some of nor is likely to cruise to a big re- the savings now to reduce pension election victory in 2014, he doesn’t contributions for local govern- want to take any chances. So al- ments. They can pay more later, though he took on the public-sector presumably when their economies GREG DAVID labor unions in his first two years in are better. office, he wants to make peace. And The numbers. The figures are big. there is always 2016, if Hillary Clin- Buffalo will save $19 million next dropped to No. 5 on the Pew Cen- ton decides not to run for president. year; wealthy Westchester, $40 mil- ter on the States survey. That’s still No Democrat will be nominated in lion. (The change affects every local good, but the governor is willing to 2016 against the determined oppo- government outside New York accept a less well-funded plan that sition of those unions. City.) The consequences are signif- could be only about average. The bottom line: The pension icant, too. New York boasted the The alternatives. Are there any al- scheme is a bad idea.It should be re- best-funded pension plan in the ternatives? Hard-pressed state and jected, and then Mr. Cuomo can country until last year, when it local governments have been clam- work on something better.

did establish Industrial Business STEVE HINDY Zones, but they have not met the demand for industrial space. The IBZs allow commercial businesses Don’t ignore need like hotels,banks,supermarkets and short-term storage. These kinds of businesses pay much higher rents for industrial space than industrial tenants.That makes it difficult for industrial businesses to afford space in the IBZs. The Navy Yard,an industrial en- recently got a call from Eric Manigian, a woodworker clave dedicated to businesses like based in Dumbo, Brooklyn, who made a lovely kitchen Eric’s,is adding 2 million square feet table for us a few years ago. Eric makes beautiful furni- of space, including a new green manufacturing complex, in the next ture out of choice hardwoods like oak, maple and couple of years. But the city needs mahogany. I like that it’s “Made in Brooklyn,” too. another industrial park like it, per- But the Pratt Institute alumnus did not have good news. He haps in the Bronx or Queens.There I are plenty of undeveloped brown- was losing his lease in a mixed-use building, where he has been fields in those boroughs that would since the mid-’90s. He asked if I knew of any space in Brooklyn be suitable for such a development. Many of the 150 companies on where he could relocate. need for affordable housing, but less the Navy Yard waiting list are small I referred him to the Brooklyn about its shortage of affordable in- “creative class” firms like Eric the Navy Yard, which has become a dustrial space. These deficits are, of woodworker’s. But who can say one refuge for small businesses of all course, closely related. Industrial of them won’t be the next big thing? kinds. More than 300 firms are jobs, which pay 25% to 40% more Caleb Crye, who designs and man- there, employing more than 6,000 than retail jobs, reduce the demand ufactures bulletproof vests and hel- workers. At the moment, though, for subsidized housing. mets for the U.S.military,had no ex- there is no room for Eric’s firm or Some private developers are try- perience in the military or in 150 others waiting to get in,accord- ing to address this. The Pfizer proj- manufacturing, but he saw a need ing to Navy Yard President Andrew ect in Bedford-Stuyvesant and Fed- and developed a business. Crye Pre- Kimball. eral Building No. 2 in Sunset Park cision, located in the Navy Yard, to- Eric’s plight should be of concern come to mind.The city needs to en- day employs more than 100 people. to the next mayor of New York City. courage projects like these with zon- There will be more success The outer boroughs are teeming ing protections, tax incentives and stories if the city helps small busi- with entrepreneurs like Eric, many infrastructure support. It also needs nesses find affordable space. with interests in the tech world or in more city-owned industrial enclaves food and beverage startups. like the Navy Yard. Steve Hindy is co-founder and president of We hear a lot about the city’s The Bloomberg administration Brooklyn Brewery.

February 4, 2013 | Crain’s New York Business | 11 DIGITAL NY

SOCIAL DOSSIERS TiVo trolls NYC for acquisitions ON JOB SEEKERS THE WEB is getting more social, The DVR pioneer brands. ance sheet.It now has agreements with and so is tech recruiting. TiVo has already made one mar- nine of the top 21 cable companies in New York-based tech jobs site is alive and well riage here. Last July, it bought tele- the U.S.,including RCN in Manhat- Dice rolled out a tool last week vision analytics company TRA, tan,as well as content providers such as called Open Web that compiles a and looking for buys whose convenient acronym allowed Hulu Plus, Netflix, Spotify, YouTube social dossier on millions of job in Silicon Alley TiVo to rename the company TiVo and Amazon. Users can also stream candidates using information Research and Analytics. TRA is a recorded content to mobile devices they’ve posted themselves on venture-backed firm that matches and take it with them. TiVo’s stock is sites like Facebook and LinkedIn. BY JUDITH MESSINA consumers’ purchases—via super- up to over $12 from its 52-week low of Altogether, the new service market loyalty cards—with the tel- $7.75. With a boost from the $250 culls details from more than 50 iVo—remember them? evision commercials they’ve seen. million Verizon settlement, the com- social and professional —is on the make in Sil- pany made a profit in the third quarter networks across billions of Web icon Alley.The Califor- Flush with cash of 2012, turning around a loss in the pages, and includes, along with nia-based DVR pioneer TiVo is selling the data to more year-earlier quarter. links, the candidate’s personal is shopping for acquisi- than 60 agencies, networks and But it also has a new set of com- email address. Ttions in New York as it remakes it- brands, including Procter & Gam- newsbloomberg petitors such as Apple and Roku,and “All of this [information] is self into an all-purpose media hub. ble and Kraft Foods. emerging models that deliver pro- publicly available,” said Scot “We talk a lot to Silicon Valley Cash is no problem. TiVo has CEO Tom Rogers gramming from the cloud. More- Melland, CEO of Dice Holdings Inc. companies,” said Chief Executive some $600 million in the bank from over, persuading consumers outside “It’s just very difficult to go out and Tom Rogers in a meeting with winning patent fights with EchoStar hopes to make its cable-company agreements to buy find. We’re basically taking Crain’s last week. “We’re looking Communications, AT&T and Veri- a TiVo box is a challenge. activities recruiters do today and now in Silicon Alley.Are there com- zon, and will likely have more after TiVo into a “What’s [the] path to market, making it very easy for them.” panies here we could invest in?” similar suits against Motorola, Cisco what is the differentiator and how —MATTHEW FLAMM TiVo packages broadcast,broad- and Time Warner go to trial this media hub do they boil it down for consumer band, cable and video on demand in spring—or are settled in advance. adoption?” asked Greg Ireland, an one interface (a TiVo box). It’s in- That the company is still around analyst and research manager with er,and install the system themselves. creasingly turning its attention to- might be something of a surprise to market-research firm IDC. “It’s a better experience, and you ward selling data and advertising— the tens of millions of people who save money,” said Mr. Rogers. and that’s where it’s looking for get DVR from their cable providers. Putting it together “There are countless ways to get the acquisitions, based on Mr. Rogers’ Founded in 1997, TiVo made a when cable companies started pro- The FCC guarantees consumers Internet, but TiVo is the only one comments at the meeting. splash not only by letting people viding—and making money on— the ability to use any DVR they that puts it all together.” Ⅲ He said TiVo is interested in record television programs for later their own DVRs.Today,TiVo has 3 want.If they want TiVo,they have to buying companies with data troves viewing, but also by allowing them million subscribers, down from 4.4 get their cable company to take back To sign up for Crain’s DIGITAL NY or technology that can evaluate the to fast-forward through annoying million at its peak in 2007. its DVR.Consumers must then rent emails, go to www.crainsnewyork effectiveness of ads or develop new commercials. The damages from the patent lit- a cable card, buy a TiVo box and a .com/newsletters. ways for advertisers to hawk their It ran into a headwind, though, igation have replenished TiVo’s bal- subscription online or from a retail-

SMALL BUSINESS Planters are growth engine for horticulture firm

PlantusNYC’s glowing nizable spaces: 1 and 2 Penn Plaza, from contracted services to selling a LET THERE BE Cushman & Wakefield’s global host of other products, such as wis- LIGHTS: Larry gardens build its headquarters at 1290 Sixth Ave., the teria arbors, sedum and a line of im- Shepps has dancing fountain plaza at 59 Maiden ported, Asian-themed statuary. illuminated presence in the city’s Manhattan Lane, the Maritime Hotel and the The glowbox, which neatly fits a gardens with a high-profile buildings Congo Habitat at the Bronx Zoo. ribbon of LED strips under the top “glowbox” of the planter’s frame for illumina- planter he spent Years of tinkering tion, has the potential to advertise years BY BILL GLOVIN Mr. Shepps had been handling company URLs or logos on its white developing. lobby flower rotations and landscap- porcelain “skin.” Hidden technolo- n a vertical city like Manhat- ing the front of the Vornado Realty gy changes the planter’s skin color at tan, unusual spaces are often Trust building at 150 E.58th St.when timed intervals. hidden from view. One such he met 12th- For Mr. Shepps, the glowbox is green enclave is the 12th- floor tenant John the next generation of a patent- floor setback of the Archi- Sitaras, propri- pending planter box he developed

tects & Designers Building on East etor of Sitaras 881 from a retrofitted drainage pipe five bracaglia dan I NUMBER OF 58th Street, where—once darkness Fitness, a gym LEED projects years ago. He has been improving descends—a 3,000-square-foot popular among registered and his invention ever since, investing at 1290 Sixth Ave.To create what he ter’s degree in horticulture from garden features spewing fountains,a financial and certified in New about $60,000 on research and de- believes is the longest planter in New Clemson University in 1979.He says wisteria arbor, a freshwater bog and business execu- York City, as of velopment. The latest version, York City, he cut drainage pipes into that using planters and sedum on set- several cultivars of sedum plants tives,and person- May 2012 which costs about $875 for a three- seven-foot sections, inserted them backs and green rooftops can reduce Source: U.S. Green (used in green roofing), all lit by lu- al trainer to Jim- Building Council foot-long, 16-inch-high planter, is into white porcelain boxes, and stormwater runoff, a major environ- minescent planters that slowly my Johnson of light enough to sit on rooftops and melded seven-foot sections together mental concern in New York City,es- change color and create a Zen-like, NASCAR fame.Mr.Sitaras gave him is portable.Thanks to the pipes’ ribs on-site. He hopes to market the long pecially after Hurricane Sandy, and meditative environment. the creative freedom to experiment and troughs, it is also good at cap- planters to existing clients and a West provide sanctuary for birds and but- The planters—called “glowbox- with the first glowboxes, helping him turing moisture. Mr. Shepps was Coast distributor as barriers for secu- terflies. That’s a plus for buildings es”—were created for Sitaras Fitness perfect his idea, says Mr. Shepps. pleased to discover that annuals that rity or traffic, or for use as benchlike that want to obtain Leadership in by Larry Shepps,founder and princi- “Before using the glowboxes on did not survive winter in planters he seating. Energy and Environmental Design pal of PlantusNYC (www.plantus projects, I first needed to see how used previously now revive easily. certification points—and a strong nyc.com) in Irvington, N.Y. Mr. they would survive through the Mr. Shepps transformed the Greener buildings selling point, too. Ⅲ Shepps, whose three-person night, then the winter,” said Mr. planter’s skin to create the glowbox Besides illuminating Manhattan’s horticulture-contracting firm’s rev- Shepps. “They did just fine. Now about a year ago.His most ambitious nightscape year-round, glowboxes To sign up for Crain’s enues ranged around $400,000 in I’m comfortable incorporating structure to date is a 200-foot elon- help make urban buildings more en- SMALL BUSINESS newsletter, go to 2011, has created and maintained them into other projects.” Mr. gated version that lines the perimeter vironmentally friendly,too,according www.crainsnewyork.com/smallbiz. some of New York City’s more recog- Shepps has gradually expanded of a law firm’s space on the 17th floor to Mr. Shepps, who received a mas-

12 | Crain’s New York Business | February 4, 2013 HEALTH CARE INSIDE The List NY area’s largest executive recruiting firms PAGE 16 ‘We’re looking now at integrated medicine, not fragmented care’ REPORT —Laurie Glimcher, dean, Weill Cornell Medical College, Page 14

MEDICAL STUDENTS work with faculty at Obamacare Weill Cornell. transforms med school Get degree in three BIG NEED years, but forget about being captain of your own ship 92K SHORTAGE OF primary-care physicians expected by 2020 BY JUDITH MESSINA

Ranjodh Singh, a first-year medical student at Weill Cornell Medical College, trains every few weeks not 30M with his classmates but with nurs- NUMBER OF people expected ing, public-health and social-work to become insured under students from Hunter College. Obamacare Together, they talk to patients, analyze case studies and write papers. probably not end up working as sole “[We’re] learning the skills and practitioners but as pieces in a much strengths of other professions,” said more complex, and possibly more Mr. Singh. “Now it’s ‘How can I integrated, health delivery system. help them?’ ” “We’re no longer the captain of Medical students typically have the ship that we always thought we been left to figure out how to work were,”said Dr.Joseph Murray,asso- with nurses and other health profes- ciate professor of clinical psychiatry sionals, usually by osmosis in their at Weill Cornell and course director third and fourth years. But Oba- of Medicine, Patients and Society I, macare and the shifting economics a first-year course that focuses on of medicine are changing that. To- the physician-patient relationship. day’s first-year medical students,the “If people are going into the profes- first to train since the sion to be the boss, to Supreme Court ruled tell patients what to Obamacare to be THE ROAD TO do and to order people buck ennis constitutional, will HEALTH See MED on Page 14 REFORM: DOCTORS ᮢ “The current gen- eration of doctors High-demand docs command bonuses wants more work-life balance,” Dr. Boal Dr. Boal, a senior vice president and the demands of government and thousands of dollars,offers of partial said.“We certainly have to hire more Pay is good, hours chief medical officer for North private insurers have made it harder repayment of medical-school loans, doctors to cover, so there is less even better as M.D.s Shore-LIJ Health System. “It was for sole practitioners to hang a shin- housing allowances and other lucra- burnout and exhaustion for physi- how he was trained; that gle, doctors are finding tive lures have become standard. cians, and they can be protective of choose employment was the expectation.” PAY DAY plenty of opportunities Though the trend has yet to pene- their weekends and turn off their over going it alone Not anymore.Even as with hospitals keen on trate city hiring, recruiters say cellphones when they are not on call.” the digital age has setting up large prac- bonuses will become more com- Doctors no longer want to be on brought a 24/7 work- tices as a way to offset a monplace as more baby-boomer call around the clock and on week- place mentality to most $23K drop in income from doctors retire. ends.“It takes one and a half doctors BY GALE SCOTT professions, many doc- AVERAGE hiring hospital stays. Those Still, for new specialists leaving to fill a position now,” said Dr. Boal, tors are moving in the bonus for doctors in jobs come with shorter, one of the city’s many medical resi- compared with the staffing patterns When Dr.Jeremy Boal was growing opposite direction. De- 2010-2011 more predictable dency programs, employment of a generation ago. up, he got used to not seeing his mand for physicians, es- Source: Merritt Hawkins hours, and most doc- prospects are flush. And hospitals Increased demand for doctors physician father much on weekends, pecially primary-care tors are getting hiring with outpatient facilities are eagerly has job-seekers in an enviable posi- or at dinner, or even mornings be- doctors, is increasing in perks when they hiring experienced doctors leaving tion—particularly if they are willing fore he left for school. the age of Obamacare. change positions. private practice,luring them away in to relocate. According to a study by “He took tremendous pride in Salaries in some specialties rose by Nationally, and in much of New hopes of getting access to their physician recruitment firm Merritt working extraordinary hours,” said 15% or more last year. And though York state, hiring bonuses of tens of patients. See BONUSES on Page 14

February 4, 2013 | Crain’s New York Business | 13 REPORT HEALTH CARE

RESIDENCY PROGRAMS FACE AX Med schools adapt to reform AT LEAST 18 NEW MEDICAL SCHOOLS nationally are in the works that can help meet a looming doctor shortage. But it could all be for naught if Congress Continued from Page 13 can’t happen unless we transform how to work as a team because we’re doesn’t reach a deal on the debt ceiling by March 1. That would trigger $190 around, that profession is gone.” the process of training physicians,” looking now at integrated medicine, million in cuts to medical residency programs. Runaway costs and declining re- said Carol Aschenbrener, chief not fragmented care,” said Weill “Unless we are able to have more residency sites, we’re going to get imbursements have sent nearly half medical education officer of the Cornell Dean Laurie Glimcher. blocked within a couple of years from turning out medical students,” the physicians in the United States American Association of Medical “There are a finite number of health said Carol Aschenbrener, chief medical education officer of the American running to group practices, where Colleges. care dollars, and you’ve got to have Association of Medical Colleges. they are paid under a complex for- The looming physician shortage the wisdom and the training and the Residencies are the three- to five-year supervised stints medical-school mula that includes incentive and is also changing the med-school courage to utilize them most graduates put in at hospitals in order to get board-certified and licensed to productivity pay. At least 20% are landscape. A national shortage of effectively.” practice medicine in their states. Schools shoulder about a third of the costs employed by hospitals, which are 92,000 primary-care physicians is of training, and Medicare—through direct salaries to residents and payments buying up private practices to bol- expected by 2020 as an estimated 30 Mutual trust to hospitals—foots the bill for the rest with $9.5 billion in annual funding. ster declining revenue from inpa- million more patients become in- Another Weill Cornell program Medicaid picks up another $2 billion, and states also pony up some money. tient stays. sured under Obamacare.Weill Cor- that got off the ground this year has The number of Medicare-funded residency slots was capped 15 years ago Those trends are gathering speed nell is looking at whether it can ex- a team of first- and second-year at 1996 levels under the Balanced Budget Act of 1997. Now, with an under Obamacare as government pand its student roster to help meet students follow a cohort of patients estimated shortage of 92,000 primary-care docs by 2020, an aging spurs the creation of new health care the shortage and is shifting more for their four years of medical population and tens of millions of new patients expected to be insured under models like medical homes and clinical work into the first and sec- school.Students get to know the pa- Obamacare, the funding gap is a crisis waiting to happen. accountable-care organizations, ond years,the better to meld the sci- tients and the physical, social and “It’s terrific if we can train more students, but if there’s not more residency which make doctors responsible for ence with patient care. psychological aspects of their ill- slots for them, then it doesn’t help,” said Weill Cornell Dean Laurie Glimcher. soup-to-nuts care and patients’ NYU Langone has a new three- nesses.That kind of knowledge will About 115,000 physicians nationwide are in residency training at a cost of health over the long term. year path to an M.D. in addition to help them develop the mutual trust about $100,000 per resident per year, according to a 2012 report by the Schools like Weill Cornell are its traditional four-year school.The needed for patients to take their Robert Wood Johnson Foundation, and they are a critical part of the teaching would-be doctors how to fast-tracked program will save a meds or go through with a workforce at most teaching hospitals. About 10,000 of those slots don’t work more effectively with other year’s worth of tuition and living ex- treatment. get Medicare funding, and teaching hospitals must cover the full cost. New health professionals so that they penses, around $75,000, and allow “It allows students to understand York has by far the biggest residency program in the country, with 15,000 may lead the changes rather than get students to start caring for patients the longer context of what illness swept up in them. They are putting sooner.One hope is that by relieving and disease mean and to understand residents and fellows—60% more than the next largest state, California—and a heavy premium on teamwork them of some of the financial bur- who these people are, as opposed to trains many doctors who end up all over the country. among doctors, nurses, nurse prac- den and the time commitment, ‘That’s the kidney stone in room Far from increasing funding, however, virtually every deficit-reduction titioners, social workers, health more students will go into lower- one,’”said Dr.Keith LaScalea,asso- committee has recommended cutting graduate medical education. Congress aides and physician assistants. Doc- paid primary care. ciate professor of clinical medicine has pushed back with two bills to increase the available slots, but they have tors prescribe the medicine, but it NYU is designing its joint de- and vice course director of Medi- gone nowhere. “It’s shortsighted to jeopardize these centers that produce may be the nurse, the social worker grees in public health, business and cine, Patients and Society I. new physicians and provide specialty care,”said Christiane Mitchell, or the home health aide who makes public administration to focus on Most medical students are director of federal affairs for the American Association of Medical Colleges. sure it gets taken. training doctors to manage new idealistic. They strongly support Not everyone agrees that the spending cap is the chief problem. The kinds of care organizations.Already, Obamacare, according to surveys, American Medical Student Association wants to see more residency slots go Interpersonal skills the M.B.A.-M.D. program is over- even though many know little about to primary-care physicians, who are in short supply, rather than specialists. Weill Cornell drills the new subscribed, said Dr. Steve Abram- it. First-year Cornell student Cindy “That’s one of the reasons we’re having trouble bending the cost curve,” ethos into students at every turn. son, vice dean for education, faculty Parra, who worked in a community said Dr. Elizabeth Wiley, AMSA national president. “GME funding is the way The course that Mr. Singh is tak- and academic affairs. health center in San Diego before government pays for the complement of physicians that society needs.” ing, Interprofessional Training and “Obamacare is moving to medical school, wants to work in In the meantime, the Obama administration is funding a pilot program to Education at Cornell-Hunter, accountable-care organizations or immigrant Hispanic communities. train residents in ambulatory care and community-care clinics rather than at trains medical and other students medical homes,” he said. “We think Andrew Milewski will spend next hospitals, and a demonstration project to train more nurse practitioners and to value each other’s expertise and physicians should be the leaders of summer working with underserved nurses with other advanced skills. —JUDITH MESSINA to work in teams. these organizations.” populations overseas in Weill Cor- Patient-centered care is now the Sessions on physician pay and nell’s global health program. mantra, and personal skills will organization, cost control and Chioma Enweasor, who with her even if that means you’re going to see debt—that awaits them? Amid carry financial reward. In other health policy, a mainstay at Weill family immigrated to the United a lower salary,” Ms. Enweasor said. their excitement at becoming doc- courses, students, who will be Cornell for several years, now in- States from Nigeria, plans to be- “But I’m also saying that without tors,they’re also nervous about what judged on their bedside manner,are clude Obamacare primers on topics come a pediatrician. really understanding what my debt it will mean to eventually practice learning how to talk to patients and such as reimbursement and elec- “Anything that alleviates some of means, so maybe that will change.” under Obamacare. families about once-taboo subjects tronic records. the concerns that a lot of patients Will their education prepare “We’re all a little bit on edge, such as end-of-life care. “We’re asking them to be experts have when they walk through the them for the complex, fast- waiting to see what the next steps “If care is to be transformed, that in health care reform and to learn door is a good thing for health care changing world—and $140,000 in are,” said Ms. Parra. Ⅲ

of doctors did their residency train- a national physician recruitment ing in New York City and they want firm in Alpharetta, Ga., said de- Bonuses await docs who leave NY to stay there, so there are still plenty mand in New York will likely pick of doctors in the city,” said Allen up as more baby-boomer physi- Continued from Page 13 tract doctors to rural locations is not entice them. Kram, director of physician devel- cians decide it is time to quit. Hawkins, in 2010-2011 the average the quality of life a region offers, but “If an employer isn’t offering a opment at Health Quest, a three- According to a HANYS survey, physician hiring bonus was about that with fewer doctors to go signing bonus or a student-loan hospital system whose flagship is 16% of New York’s working physi- $23,000, and 76% of employers around, it is more likely a physician repayment, they [the job candi- Vassar Brothers in Poughkeepsie. cians in 2010 were 65 or older. with positions available were offer- will have to be available after hours Adding to anticipated vacancies ing them. And in many cases, that or on weekends for emergencies. Bonus trend when they do retire, there are al- was not enough to get docs on According to the Healthcare As- ‘If you want to The system is not offering ready hard-to-fill openings in spe- board. According to the Associa- sociation of New York State’s 2012 bonuses yet, but it does offer jobs cialties like primary care,emergency tion of Staff Physician Recruiters, Physician Advocacy Survey, there go to Fargo, I with regular hours.“It’s a revelation medicine and psychiatry, as well as in 2012 only 51% of employment are vacancies for 1,200 doctors in to our older physicians,” he said. jobs in places where not everyone searches for doctors were success- the state, and 75% of hospitals out- can get you a “They roll their eyes when they wants to work, like prisons. fully filled,down from 60% the pre- side the New York City metropoli- hear what these new doctors want, “There’s a pent-up retirement vious year. tan area have no emergency depart- $100K bonus’ but we are finding work-life bal- demand,” he said. “A lot of older ment coverage in key specialties. ance is paramount” when it comes doctors tell me they had planned to Rural environment That means transferring patients to to attracting new physicians. Still, retire at 60 or 65, but they kept “If you want to go to Fargo,N.D., other hospitals. the system has 10 unfilled doctor working after their 401(k) tanked.” I can get you a $100,000 bonus, plus In New York’s less urban coun- positions, according to its website. Once these doctors feel the a relocation allowance, and you can ties,there are only about 185 doctors It is likely only a matter of time economy is stronger,“they will drop get a very nice home for $180,000,” per 100,000 people, compared with dates] will look for that,” Mr. before the bonus trend spreads to off the scene in one block, like a col- said Skott Harrington, a regional more than 300 per 100,000 in New Harrington said. the five boroughs. Already, doctors lapsing ice shelf,” he said. “And vice president at Medicus, a nation- York City, according to HANYS. So far,the bonus trend has not hit in Westchester County can expect that’s going to be a problem.” al physician recruitment firm. Physicians know that will translate New York City, several recruiters a pay bump. Edward McEachern, Though not for doctors looking for But one reason it is harder to at- into longer hours,so it takes more to and hospital executives said. “A lot vice president at Jackson & Coker, work. Ⅲ

14 | Crain’s New York Business | February 4, 2013

NEXT WEEK: Top M&A deals THE ONLINE: Check out NYC’s Largest Executive Recruiting Firms largest hospital employers at Ranked by number of NY area recruiters crainsnewyork.com/ LIST multimedia/galleries THE SCOOP TRENDS

hanks to changes in health care laws and the boom- CONTINUED STRENGTH ing Silicon Alley, executive recruiters are doing their Employment growth in the city’s health care own hiring. Last year, the number of recruiters at the industry continues to outpace that of other area’s top 25 firms increased 6.0% from 2011, to sectors. 1,203, according to Crain’s research. Number of jobs, in thousands “Our assessment of the market is bullish,but not off-the-charts T Ambulatory bullish,” said Lloyd Solomon, managing director and co-founder of Solomon-Page Group (No.1),which added eight recruiters last health care Physicians’ Outpatient services offices care centers newscom year, primarily to help deal with those growing sectors. Many health care companies are hiring because of the impend- 2008 161.1 47.9 16.4 PROJECTED EMPLOYMENT INCREASES ing deadlines brought on by the Affordable Care Act. In 2012, the 2009 169.7 49.1 16.4 Of the 50,900 jobs the city is expected to add in 2013, most are in a few key sectors. city’s overall health care employment increased by 1.7%,to 601,000, and is expected to continue growing. In addition, as baby boomers 2010 180.9 50.3 16.8 age, they are demanding more services from the industry. 2011 188.8 51.0 17.1 22,300 11,700 8,100 6,100 Because of the growing need for those with strong health care- Education and Professional and Leisure and Construction related skills,executive compensation in this sector is increasing,said 2012 195.8 52.5 17.4 health care business services hospitality Jeff Golove, an executive vice president at DHR International Inc. Source: New York State Department of Labor Source: Independent Budget Office (No. 11), and the head of its health care payer-practice group. Employers are also looking to hire those with technology skills. About half of the recruiting budgets are being earmarked for these FORECASTED JOB GROWTH roles at 24 Seven Inc. (No. 5), which added 15 local employees, or 30%,making it the fastest-growing company on Crain’s list.“Every- NEW JOBS EMPLOYMENT GROWTH thing digital is hot right now,” said Chief Executive Celeste Gudas. In thousands As more digital companies move to New York City,other brick- and-mortar firms are forced to ramp up their multichannel efforts IBO Mayor’s Office of Management and Budget IBO Mayor’s Office of Management and Budget in order to keep pace. In retail, for example, many are starting to ex- 79.2 2.0% 2.0% pand more heavily into e-commerce. In fact, 16.5% of the metro 76.3 1.8% 1.8% 1.8% area’s nearly 400 venture-capital deals in 2012 were for 69.0 68.8 72.2 e-commerce companies, according to a PricewaterhouseCoopers 50.9 1.3% 1.3% 1.2% 1.2% and National Venture Capital Association MoneyTree report. 49.0 45.0 46.0 41.0 1.0% Recruiters expect cross-industry growth to continue into 2013. Execu|Search Group (No. 7) saw a 22% year-over-year growth in January, which its chief executive says bodes well for the city’s fu- ture.“The recruiting industry has always been,and continues to be, a great forecaster for the economy,”said Ed Fleischman.“New York 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 City is always the bellwether.” —emily laermer Forecasts are as of December 2012. Sources: Independent Budget Office, Mayor’s Office of Management and Budget

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IN THE BOROUGHS QUEENS FROM Big project missing in downtown Flushing AROUND THE CITY Continued from Page 3 In the meantime, small business WIDE APPEAL: Main Some local busi- city-owned parking lot on the edge owners in the neighborhood say Street in Flushing draws ness owners are of downtown and build 600 apart- they have been stuck in limbo.Some plenty of shoppers. now suggesting BROOKLYN ments, plus 420,000 square feet of have been forced to close down be- EDC try to rebid retail and office space. For good cause a lack of parking has hurt busi- the project if the Hinsch’s stays measure, the developer ness, according to Mr. developers cannot open—for now would throw in a 62,000- FLUSHING Rim, who heads the come up with the square-foot YMCA, Union Street Small Busi- money. Neither A Bay Ridge institution is getting yet 36,000 square feet of ness Association. TDC nor the another lease on life. Hinsch’s, a community space and 41% Last April, construc- Rockefeller Group, neighborhood fixture since 1949,had RISE IN 1,600 parking spaces. residential rents tion began on the Mace- which is playing a recently announced it would be clos- “The whole process from 2002-2008 donia AME Church’s 14- lesser role in the ing its doors on March 1. Yet late last has been ‘Hurry up and story affordable-housing process, returned week, area resident Roger Desmond, wait,’ ” said Ms. Bitter- property on a nearby multiple requests who bought the struggling ice cream man. 37% parking lot. That project buck ennis for comment. parlor in 2011, told The Brooklyn GROWTH IN was supposed to rise after Michael Meyer said that traditional A spokesman for the EDC de- Paper he now plans to keep the store Going nowhere fast Asian-American population, Flushing Commons. The funding had dried up and that he clined to say how much funding the open. First to hold up the 2002-2012, to AME’s development sits was trying to secure loans from Chi- developers had raised, but noted Mr. Desmond had lined up a na- project was Comptroller two-thirds total on the site of a 50-space nese businesses in what is the city’s that under the original contract they tional burger chain to sublease the John Liu, then the local parking lot,exacerbating a largest Chinese neighborhood. are required to come up with the 2,000-square-foot establishment,but councilman. He threat- parking shortage in the He and TDC Chief Executive cash by “this fall,” and must begin the deal fell through. Until he finds a ened to oppose the plan 90% area that would be acutely Michael Lee, a native of Taiwan,are construction by year’s end. new tenant, Hinsch’s will remain PORTION OF until developers added businesses with worsened if Flushing also seeking to tap into the federal “We continue to work with the open, offering its 10 flavors of home- more parking. Not until 10 or fewer Commons goes ahead. EB-5 program, which provides a developer on acquiring financing made ice cream, but with a more 2010 did Flushing Com- employees Among those totally in path to green cards for foreigners in for this project that will create thou- modern twist—staying open later Sources: NY state mons finally win needed comptroller’s office and the dark about what’s go- exchange for investments of sands of jobs and bring much- and playing jazz. City Council approval. Pew Research Center ing on is local Council- $500,000 or more in development needed open space and community “I don’t think what I offer is fash- Having cleared that man Peter Koo, who has projects. facilities to Flushing,”said the EDC ionable—no one cares about home- crucial hurdle,Flushing Commons championed Flushing Commons spokesman. made ice cream,” Mr. Desmond said. still has gone nowhere. TDC’s since his election in 2009. His office Construction deadline But some small business owners Even with the new offerings, it’s website still projects a completion has repeatedly sought information Backers of Flushing Commons in Flushing say that after hearing still an uphill battle for Mr.Desmond. date of 2013 or 2014, but that is from the EDC and the developers, note that the developers of an even such rumblings for years and seeing Though Bay Ridge is attracting some highly unlikely given that con- according to James McClelland,the larger, $1 billion project nearby, Sky no change on the site, they’re not younger,hipper residents,it has a long struction is expected to take more councilman’s chief of staff. View Parc, also struggled to line up optimistic. way to go before becoming another than three years. “We’ve been checking in once a financing. That project, with 448 “The biggest fear of business own- Williamsburg. Even worse,a spokesman for the month with EDC, and what we’ve luxury condominiums, opened last ers is that they don’t know if this is go- “All the business people are hop- city’s Economic Development been hearing has been very general,” year. ing to start or if it’s never going to ing for that influx of hipsters because Corp.,which is selling the lot to the Mr. McClelland said. Similarly, eyebrows were raised start,”said Simon Gerson,who man- they are single and they spend mon- developers, said that TDC has yet The most recent public update in the neighborhood recently when ages Gerson Properties in Flushing. ey, but it’s not happening quickly,” to raise enough money to buy the about the project came in July,when TDC began work on a hotel that “Everyone’s tied up in it, and no one said Mr. Desmond. land from the city. TDC Development President was much more recently conceived. knows what’s going on.” Ⅲ —adrianne pasquarelli

18 | Crain’s New York Business | February 4, 2013 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES POSITION Notice of Qualification of BEEKMAN Notice of Qualification of Beacon Notice of Qualification of CRT CAPITAL Notice of Qualification of BLDG AVAILABLE RESIDENTIAL SUITES LLC. Authority Court LLC. Authority filed with NY GROUP LLC. Authority filed with Secy. CANAL LLC. App. for Auth. filed filed with Secy. of State of NY (SSNY) Dept. of State on 12/21/12. Office of State of NY (SSNY) on 01/16/13. Secy. of State of NY (SSNY) on Senior AO/Developer on 12/10/12. Office location: NY location: NY County. LLC formed in Office location: NY County. LLC 11/28/12. Off. loc.: NY County. LLC (AllianceBernstein L.P. – New York, NY): County. LLC formed in Delaware (DE) DE on 12/11/12. NY Sec. of State formed in Delaware (DE) on 02/01/12. formed in Delaware (DE) on 7/9/12. Analyze, dsgn, deploy & support new on 11/14/12. SSNY designated as designated agent of LLC upon whom Princ. office of LLC: 1633 Broadway, SSNY designated as agent of LLC agent of LLC upon whom process process against it may be served 27th Fl., NY, NY 10019. SSNY upon whom process against it may sys functionality to enhance business & against it may be served. SSNY shall and shall mail process to: c/o Anna designated as agent of LLC upon be served. SSNY shall mail process op processes & business systems. F/T. mail process to c/o Corporation Kazakova, Esq., Withers Bergman whom process against it may be to: c/o 417 Fifth Ave., 4th Fl., NY, NY Reqs Bach’s degr in Engnr’g (or forgn Service Co. (CSC), 80 State St., Albany, LLP, 430 Park Ave., 10th Fl., NY, NY served. SSNY shall mail process to 10016. DE address of LLC: c/o equiv) & 5 yrs of exp in software design NY 12207-2543. DE addr. of LLC: c/o 10022, principal business address. c/o Corporation Service Co., 80 United Corporate Services, Inc., 874 & dev’t rel to app & web srvcs utiliz’g CSC, 2711 Centerville Rd., Ste. 400, DE address of LLC: c/o The State St., Albany, NY 12207-2543. Walker Road, Ste. C, Dover, DE C#. All stated exp must incl each of New Castle, DE 19808. Arts. of Org. Corporation Trust Co., 1209 Orange DE addr. of LLC: 2711 Centerville 19904. Arts. of Org. filed DE Secy. of the follow’g: dsgn, dvlpmnt & implmnt’n filed with State of DE, Secy. of State, St., Wilmington, DE 19801. Cert. of Rd., Ste. 400, Wilmington, DE 19808. State, Townsend Bldg., Dover, DE of IP platforms using tools & sftware Div. of Corps., PO Box 898, Dover, DE Form. filed with DE Sec. of State, Arts. of Org. filed with DE Secy. of 19901. Purpose: any lawful activity. incl Microsoft .NET Framework; util. 19903. Purpose: Any lawful activity. 401 Federal St., Dover, DE 19901. State, DE Div. of Corps., 401 Federal WinForms, WPF, WCF, ASP .NET, Java, Purpose: all lawful purposes. St., Ste. 4, Dover, DE 19901. NOTICE OF FORMATION OF Noble NOTICE OF FORMATION OF KFD Purpose: Any lawful activity. Grains NYC LLC. Arts of Org filed Perl, Visual Basic, T-SQL, Oracle, XML, Public Relations, LLC. Arts of Org Notice of Formation of 1255 Sunrise, with Secy of State of NY (SSNY) on HTML, JavaScript & CSS prgm’g lang; filed with Secy of State of NY (SSNY) LLC. Articles of Organization filed with Notice of Formation of AWILI LLC. 11/27/12. Office location: NY County. prfrm’g unit test’g; interfac’g directly on 11/13/12. Office location: NY the Sec. of State of NY (SSNY) on Arts. of Org. filed with NY Dept. of SSNY designated as agent upon whom w/ clients & end users to determ dsgn 12-06-12. Office location: New York County. SSNY designated as agent State on 10/19/12. Office location: NY process may be served and shall mail req’ts; &, prfm obj oriented analysis & upon whom process may be served County. SSNY has been designated County. Princ. bus. addr.: 22 River copy of process against LLC to: c/o dsgn. and shall mail copy of process as agent upon whom process against Terrace, Apt. 7Q, NY, NY 10282. Sec. the LLC, 1500 Lexington Ave APT Resumes: AllianceBernstein L.P., Attn: against LLC to: Corp Service Co., it may be served and shall mail a of State designated agent of LLC 5B, NY, NY 10029. Principal business 80 State St., Albany, NY 12207. copy of any process against the LLC upon whom process against it may address: 313 E 95th St, Ste 302, NY, T. Correa, 1345 Ave of the Americas, Purpose: any lawful act. to: CT Corporation System, 111 8th be served and shall mail process to: NY 10128. Purpose: any lawful act. New York, NY 10105. ID NEWVRA. Ave., New York, NY 10011. The Corporation Service Co., 80 State NOTICE OF FORMATION OF principal business address of the St., Albany, NY 12207, regd. agent NOTICE OF FORMATION OF LIMITED Aurynion LLC. Arts of Org filed with LLC is: 111 8th Ave., New York, NY upon whom process may be served. LIABILITY COMPANY. NAME: Secy of State of NY (SSNY) on PUBLIC & LEGAL 10011. Purpose: any lawful activity. Purpose: any lawful activity. PROTOTYPE ENTERTAINMENT LLC. 10/1/12. Office location: NY County. Articles of Organization were filed SSNY designated as agent upon NOTICE OF FORMATION OF CITY NOTICE OF FORMATION OF LIMITED with the Secretary of State of New NOTICES PROPERTY OF MID UPPER WEST, whom process may be served and LIABILITY COMPANY. LVL-US, LLC,. York (SSNY) on 01/14/13. Office Notice of Qualification of Trian SPV VII-L, LLC. Arts of Org filed with Secy of shall mail copy of process against Articles of Organization were filed with location: New York County. SSNY has LLC. Authority filed with NY Dept. of State of NY (SSNY) on 8/30/12. Office LLC to: 7014 13th Ave, Ste 202, the Secretary of State of New York been designated as agent of the LLC State on 1/8/13. Office location: NY location: NY County. SSNY designated Bklyn, NY 11228. Principal business (SSNY) 12/6/12. Office location: NY upon whom process against it may be County. LLC formed in DE on 12/31/12. as agent upon whom process may address: 222 E 34th St, Ste 1818, NY, County. SSNY has been designated served. SSNY shall mail a copy of NY Sec. of State designated agent of be served and shall mail copy of NY 10016. Purpose: any lawful act. as agent of the LLC upon whom process to the LLC, 245 Fifth Avenue, LLC upon whom process against it process against LLC to principal process against it may be served Suite 1001, New York, New York 10016. may be served and shall mail process APP FOR AUTH for XFA SECURITIES, business address: 336 E 86TH ST. NY, and shall mail a copy of process to Purpose: For any lawful purpose. to the principal business addr.: 280 LLC. App for Auth filed with SSNY NY 10028. Purpose: any lawful act. 10/18/2012. LLC registered in LVL-US, LLC, 708 Third Avenue, Park Ave., 41st Fl., NY, NY 10017. DE Notice of Formation of MCH ARTS 20th fl., New York, New York, 10017, Notice of Formation of Nada Ray addr. of LLC: Corporation Service Delaware on 10/12/2012. Off. Loc.: Media LLC. Arts of Org. filed with NY New York Co. SSNY designated as LLC. Arts. of Org. filed Secy. of State attention Rubin Ferziger. Purpose: Co., 2711 Centerville Rd., Ste. 400, of NY (SSNY) on 1/8/13. Off. loc.: NY for any lawful purpose. Secy of State (SSNY) on 10/25/12. Wilmington, DE 19808. Cert. of agent upon whom process against it Office loc: NY. SSNY is designated may be served. SSNY to mail copy County. SSNY designated as agent METTY PROPERTIES LLC, a domestic Form. filed with DE Sec. of State, of LLC upon whom process against as agent of LLC upon whom process Townsend Bldg., Dover, DE 19901. of process to THE LLC C/O Edward LLC, Arts. of Org. filed with the SSNY against it may be served and shall Lynn, 61 Broadway, Suite 1110, New it may be served. SSNY shall mail on 12/31/12. Office location: New Purpose: any lawful activity. process to: c/o Handro Management mail process to 803 W. 180 St, #66, York, NY 10006. Purpose: Any lawful York County. SSNY is designated as New York, NY 10033. Purpose: any NOTICE OF FORMATION OF MELISSA act or activity. Group LLC, 561 Seventh Ave., NY, agent upon whom process against NY 10018, Attn: Scott D. Galin. lawful activity. A DOFT MD PLLC. Arts of Org filed NOTICE OF FORMATION OF LIMITED the LLC may be served. SSNY shall Purpose: any lawful activity. with Secy of State of NY (SSNY) on LIABILITY COMPANY. NAME: BRH-1 mail process to: Cohen & Frankel, Notice of Formation of BIEN CUIT - 10/23/12. Office location: NY County. HOLDINGS, LLC. Articles of NOTICE OF FORMATION OF LLP, 11 E. 44th St., Ste. 1800, NY, CHRISTOPHER STREET, LLC. Arts. SSNY designated as agent upon Organization were filed with the FREEDULGENCE LLC. Arts of Org NY 10017. General Purposes. of Org. filed with Secy. of State of NY whom process may be served and Secretary of State of New York filed with Secy of State of NY (SSNY) (SSNY) on 01/16/13. Office location: shall mail copy of process against ELITE M&D, LLC, Arts. of Org. filed (SSNY) on 01/08/13. Office location: on 1/3/13. Office location: NY NY County. SSNY designated as PLLC to: 1330 FIRST AVE, PH 1, NY, with SSNY on 01/04/13. Off. Loc.: New York County. SSNY has been County. SSNY designated as agent agent of LLC upon whom process NY 10021. Principal business New York County. SSNY designated designated as agent of the LLC upon upon whom process may be served against it may be served. SSNY shall address: 655 PARK AVE, NY, NY as agent of LLC upon whom process whom process against it may be and shall mail copy of process mail process to the LLC, 35 10065. Purpose: any lawful act. served. SSNY shall mail a copy of against it may be served. SSNY Christopher St., NY, NY 10014. against LLC to principal business NOTICE OF FORMATION OF Tristero process to the LLC, 60 East 88th shall mail a copy of process to: The Purpose: Any lawful activity. address: 73 Worth St, Ste 5D, NY, Properties LLC. Arts of Org filed with Street, Lower Level, New York, New LLC, 34 East Broadway #1, New NY, 10013. Purpose: any lawful act. NOTICE OF FORMATION OF Mana Secy of State of NY (SSNY) on 11/8/12. York 10128. Purpose: For any lawful York, NY 10002. Purpose: to Massage Therapy and Acupuncture Office location: NY County. SSNY purpose. NOTICE OF FORMATION OF engage in any lawful act. FRANZISKA FOX LLC. Arts of Org PLLC. Arts of Org filed with Secy of designated as agent upon whom NOTICE OF FORMATION OF Cabin filed with Secy of State of NY (SSNY) NOTICE OF FORMATION of PPNY 10 State of NY (SSNY) on 11/28/12. process may be served and shall mail Of Pockets In The Sky, LLC. Arts of on 1/9/13. Office location: NY County. LLC (“LLC”.) Articles of Organization Office location: NY County. SSNY copy of process against LLC to: Org filed with Secy of State of NY SSNY designated as agent upon filed with NYS Sec of State (“SSNY”) designated as agent upon whom InCorp Services, Inc., One Commerce (SSNY) on 11/13/12. Office location: NY whom process may be served and on 11/28/2012. Office location: New process may be served and shall Plaza - 99 Washington Ave., Suite County. SSNY designated as agent shall mail copy of process against York County, NY. SSNY has been mail copy of process against LLC to: 805-A, Albany, NY 12210-2822. upon whom process may be served LLC to principal business address: designated as agent upon whom 302 Bedford Ave. #165 Bklyn, NY Principal business address: New and shall mail copy of process 182 MULBERRY ST APT 5, NY, NY process against LLC may be served. 11249. Principal business address: York City. Purpose: any lawful act. against LLC to principal business 10012. Purpose: any lawful act. SSNY shall mail a copy of process to 78 Crosby St. NY, NY 10012. address: 146 W 57th St., #32L, NY, the LLC, 1420 Rocky Ridge Dr., Ste. Purpose: any lawful act. NOTICE OF FORMATION OF LIMITED NY 10019. Purpose: any lawful act. Notice of formation of 810-VE Laight, 100, Roseville, CA 95661. Purpose: LIABILITY COMPANY. NAME: MINDY LLC. Art of Org filed with the Sec of Own real estate and all lawful activity. Notice of Formation of 500 FTW LLC. SCHWARTZ COACHING LLC. Notice of Formation of A2A State of NY (SSNY) on 12/18/12. Arts of Org filed with Secy of State Articles of Organization were filed CONSULTING LLC. Arts. of Org. filed Office located in NY Co. SSNY has NOTICE OF FORMATION OF Tech-Over of NY (SSNY) on 01/04/13. Office with the Secretary of State of New York with Secy. of State of NY (SSNY) on been designated for service of LLC. Articles of Organization filed location: New York County. SSNY (SSNY) on 12/24/12. Office location: 01/08/13. Office location: NY County. process. SSNY shall mail copy of with the Secretary of State of New designated as agent of LLC upon whom New York County. SSNY has been SSNY designated as agent of LLC any process to the LLC c/o James E. York on August 15, 2012. Office process against it may be served. designated as agent of the LLC upon upon whom process against it may Bishop, 902 Clint Moore Road, Ste. location: NY County. Secretary of SSNY shall mail process to: 500 FTW whom process against it may be be served. SSNY shall mail process 220, Boca Raton, Florida 33487. State of New York is designated as an LLC, 521 Fifth Avenue, Suite 1804, served. SSNY shall mail a copy of to The Offices of Constantin, 575 Purpose: any lawful purpose. agent upon whom process may be New York, NY 10175. Purpose: To process to the LLC, c/o Melvin B. Madison Ave., 25th Fl., NY, NY served and shall mail copy of process own the property located at 500 Fort Berfond, Esq., 277 Broadway, Suite Notice of Qualification of TOWN LINE 10022. Purpose: Any lawful activity. against LLC to principal business Washington Avenue, New York, NY. 810, New York, New York 10007. I, LLC. Authority filed with Secy of address: 447 Broadway, 2nd Fl, NY, Purpose: For any lawful purpose. Notice of Qualification of DELAWARE State of NY (SSNY) on 11/6/2012. NY 10013. Purpose: Any lawful act. NOTICE OF FORMATION of A LA LIFE EQUITY INVESTORS, LLC. Office Location: New York County. RUSSE FASHION BOUTIQUE, LLC. Notice of Qualification of SLMC Authority filed with Secy. of State of NY LLC formed in Delaware on 10/31/12. Notice of Qualification of NEBCO Article of Organization filed with the Sumeru GP, L.L.C. Authority filed with (SSNY) on 12/27/12. Office location: SSNY designated as agent of LLC Insurance Services, LLC. App. for Secretary of State of NY (SSNY) on NY Dept. of State on 1/14/13. Office NY County. LLC formed in Delaware upon whom process against it may Auth. filed Secy. of State of NY (SSNY) 12/14/2012. Office location: NY location: NY County. Princ. bus. addr.: (DE) on 12/26/12. SSNY designated be served. SSNY shall mail process on 1/7/13. Off. loc.: NY County. LLC County. SSNY has been designated 2775 Sand Hill Rd., Ste. 100, Menlo as agent of LLC upon whom process to: c/o National Registered Agents, formed in Delaware (DE) on 6/8/12. as agent upon whom process Park, CA 94025. LLC formed in DE on against it may be served. SSNY shall Inc., 111 Eighth Avenue, 13th floor, SSNY designated as agent of LLC against it may be served. The Post 12/21/12. NY Sec. of State designated mail process to Attn: Corporation New York, NY 10011. Address upon whom process against it may be Office address to which the SSNY agent of LLC upon whom process Service Co., 80 State St., Albany, NY required to be maintained in home served. SSNY shall mail process to: shall mail a copy of any process against it may be served and shall 12207-2543, regd. agent upon whom jurisdiction: c/o National Registered c/o CT Corporation System, 111 8th against the LLC served upon him is mail process to: c/o CT Corporation and at which process may be Agents, Inc., 160 Greentree Drive, Ave., NY, NY 10011, the registered C/O United States Corporation System, 111 8th Ave., NY, NY 10011, served. DE addr. of LLC: 2711 Suite 101, Dover, DE 19904. Arts of agent upon whom process may be Agents, Inc. 7014 13th Avenue, Suite regd. agent upon whom process may Centerville Rd., Ste. 400, Wilmington, Org filed with Secretary of State, served. DE address of LLC: 1209 202, Brooklyn, NY 11228. Purpose be served. DE addr. of LLC: 1209 DE 19808. Arts. of Org. filed with DE Corporate Division, 401 Federal St., Orange St., Wilmington, DE 19801. of LLC: to engage in any lawful act Orange St., Wilmington, DE 19801. Secy. of State, John G. Townsend Suite 4, John G. Townsend Bldg., Arts. of Org. filed DE Secy. of State, or activity. Street address of Principal Cert. of Form. filed with DE Sec. of Bldg., 401 Federal St., Dover, DE Dover, DE 19901. Purpose: 401 Federal St., Ste. 4, Dover, DE Business location is: 433 E 75 St., State, 401 Federal St., Dover, DE 19901. Purpose: Any lawful activity. Management of Real Estate. 19901. Purpose: all lawful purposes. Apt 22, New York, NY, 10021. 19901. Purpose: all lawful purposes.

February 4, 2013 | Crain’s New York Business | 19 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES Notice of Qualification of BLACKSTONE Notice of Qualification of CE Renwick Notice of Qualification of Cerberus NOTICE OF FORMATION OF LIMITED Notice of Qualification of Zweig- ALTERNATIVE INVESTMENT ADVISORS LLC. Authority filed with NY Dept. of AUS Levered Opportunities Master LIABILITY (LLC) Name: Abigail DiMenna Focus Fund, L.P. Authority LLC. Authority filed with Secy. of State on 12/18/12. Office location: NY Fund GP, LLC. Authority filed with NY Stewart, LLC. Articles of Organization filed with Secy. of State of NY (SSNY) State of NY (SSNY) on 12/04/12. County. Princ. bus. addr.: 270 Lafayette Dept. of State on 12/5/12. Office filed with the Secretary of State of on 01/04/13. Office location: NY Office location: NY County. LLC St., Ste. 502, NY, NY 10012. LLC location: NY County. Princ. bus. addr.: New York (SSNY) on December 6, County. LP formed in Delaware (DE) formed in Delaware (DE) on 09/13/12. formed in DE on 12/11/12. NY Sec. of 875 Third Ave., NY, NY 10022. LLC 2012. Office location: New York on 11/29/12. Princ. office of LP: Attn: Princ. office of LLC: 345 Park Ave., State designated agent of LLC upon formed in DE on 11/29/12. NY Sec. County. SSNY designated as agent Legal Dept., 900 Third Ave., NY, NY NY, NY 10154. SSNY designated as whom process against it may be of State designated agent of LLC of LLC upon whom process against 10022. SSNY designated as agent of agent of LLC upon whom process served and shall mail process to: c/o upon whom process against it may be it may be served. SSNY shall mail LP upon whom process against it may against it may be served. SSNY shall CT Corporation System, 111 8th Ave., served and shall mail process to: c/o copy of process to 140 E. 7th Street, be served. SSNY shall mail process to mail process to c/o The Blackstone NY, NY 10011. DE addr. of LLC: The CT Corporation System, 111 8th Suite 2K, New York, New York 10009. the Partnership at the princ. office of Group, Attn: Chief Legal Officer at Corporation Trust Co., 1209 Orange Ave., NY, NY 10011. DE addr. of LLC: Purpose: to engage in any lawful act the LP. Name and addr. of each general the princ. office of the LLC. DE addr. St., Wilmington, DE 19801. Cert. of c/o The Corporation Trust Co., 1209 or activity for which a limited liability partner are available from SSNY. DE of LLC: c/o The Corporate Trust Co., Form. filed with DE Sec. of State, Orange St., Wilmington, DE 19801. company may be formed under addr. of LP: 2711 Centerville Rd., Ste. Corp. Trust Center, 1209 Orange St., 401 Federal St., Dover, DE 19901. Cert. of Form. filed with DE Sec. of section 201 of the Limited Liability 400, Wilmington, DE 19808. Arts. of Wilmington, DE 19801. Arts. of Org. Purpose: all lawful purposes. State, 401 Federal St., Dover, DE Company Law. Org. filed with DE Secy. of State, 401 filed with Secy. of State of DE, Dept. 19901. Purpose: all lawful purposes. Federal St., Ste. 4, Dover, DE 19901. of State, Div. of Corps., John G. FEELGOODNYC, LLC, a domestic LLC, NOTICE OF FORMATION OF Purpose: Any lawful activity. Townsend Bldg., Dover, DE 19901. Arts. of Org. filed with the SSNY on Notice of Formation of THE BRIDGEHAMPTON MOTOR CLUB Purpose: Any lawful activity. 5/2/12. Office location: New York ALCHEMICAL LLC. Arts. of Org. LLC. Arts of Org filed w/ Secy of Notice of Formation of HW/GW LLC. County. SSNY is designated as filed with Secy. of State of NY State of NY (SSNY) 7/2/12. Office Arts. of Org. filed with Secy. of State NOTICE OF FORMATION OF ID agent upon whom process against (SSNY) on 12/20/12. Office location: location: NY Co. SSNY designated of NY (SSNY) on 12/21/2012. Office ATELIER LLC. Arts of Org filed with the LLC may be served. SSNY shall NY County. Princ. office of LLC: agent upon whom process may be location: NY County. Princ. office of Secy of State of NY (SSNY) on mail process to: The LLC, 555 E. 137 W 14th St., NY, NY 10011. served and shall mail copy of LLC: c/o Schiff Hardin LLP, 666 5th 11/9/12. Office location: NY County. 78th St., Apt. 2B, NY, NY 10075. SSNY designated as agent of LLC process against LLC to: 302 Bedford Ave., 17th Fl., NY, NY 10103. SSNY SSNY designated as agent upon General Purposes. upon whom process against it may Ave., #165, Bklyn, NY 11249. Prncpl designated as agent of LLC upon whom process may be served and be served. SSNY shall mail process bsnss addss: 220 Centre St, NY, NY whom process against it may be shall mail copy of process against NOTICE OF FORMATION OF CITY to the LLC at the addr. of its princ. 10013. Purpose: any lawful act. served. SSNY shall mail process to LLC to: US Corp Agents, Inc. 7014 PROPERTY OF MURRAY HILL, LLC. office. Purpose: Any lawful activity. Corporation Service Co., 80 State 13th Ave, Ste 202, Bklyn, NY 11228. Arts of Org filed with Secy of State of Notice of Formation of ARL 2013 LLC. St., Albany, NY 12207-2543. Principal business address: 17 NY (SSNY) on 8/30/12. Office location: MEIGHT PRODUCTION LLC, Articles Arts. of Org. filed with NY Dept. of Purpose: Any lawful activity. Pershing Ave, Yonkers, NY 10705. NY County. SSNY designated as of Org. filed N.Y. Sec. of State (SSNY) State on 1/3/13. Office location: NY Purpose: any lawful act. agent upon whom process may be 22nd day of October, 2012. Office in County. Sec. of State designated NOTICE OF FORMATION OF CITY served and shall mail copy of process New York Co. at 540 Broadway, 5th agent of LLC upon whom process PROPERTY OF UNION SQUARE, LLC. LINGHUAN LLC, a domestic LLC, against LLC to principal business Floor, New York, New York 10012. against it may be served and shall Arts of Org filed with Secy of State of Arts. of Org. filed with the SSNY on address: 336 E 86TH ST. NY, NY SSNY desig. agt. upon whom process mail process to: c/o CT Corporation NY (SSNY) on 8/30/12. Office location: 11/28/12. Office location: New York 10028. Purpose: any lawful act. may be served. SSNY shall mail copy System, 111 8th Ave., NY, NY 10011, NY County. SSNY designated as County. SSNY is designated as of process to 540 Broadway, 5th regd. agent upon whom process agent upon whom process may be agent upon whom process against Notice of Formation of DAMES, LLC. Floors, New York, New York 10012. may be served. Purpose: any lawful served and shall mail copy of process the LLC may be served. SSNY Arts. of Org. filed with Secy. of State Reg.Agt. upon whom process may be activity. against LLC to principal business of NY (SSNY) on 12/24/12. Office served: Spiegel & Utrera, P.A., P.C. 1 shall mail process to: The LLC, 200 NOTICE OF FORMATION OF 656 St address: 336 E 86TH ST. NY, NY location: NY County. SSNY desig- Maiden Lane, NYC 10038. 1 800 576- E. 66 St., #D11-01, NY, NY 10065. Nick LLC. Arts of Org filed with Secy 10028. Purpose: any lawful act. General Purposes. nated as agent of LLC upon whom 1100. Purpose: Any lawful purpose. process against it may be served. of State of NY (SSNY) on 12/24/12. GLM SAN DIEGO, LLC, a domestic Notice of Formation of JAJ Music, LLC. SSNY shall mail process to the LLC, Notice of formation of Taravelli LLC. Office location: NY County. SSNY LLC, Arts. of Org. filed with the SSNY Arts. of Org. filed with Secy. of State of 425 E. 58th St., Apt. 47A, NY, NY Articles of Organization filed New York designated as agent upon whom on 12/19/12. Office location: New NY (SSNY) on 12/19/12. Office 10022. Purpose: Any lawful activity. Sec. of State (“NYSS”) 10/24/12. process may be served and shall York County. SSNY is designated as location: NY County. SSNY designated Office loc. New York County. NYSS mail copy of process against LLC to: agent upon whom process against as agent of LLC upon whom process Notice of formation of Alemarc, LLC designated as agent of LLC upon served upon him/her is: 72 Madison the LLC may be served. SSNY shall against it may be served. SSNY Arts. of Org. filed with the Sect’y of whom process against it may be Ave, 6th Fl, NY NY 10016. Principal mail process to: Maidman and shall mail process to: National State of NY (SSNY) on 11/28/2012. served. NYSS shall mail a copy of any business address: New York. Mittelman, LLP, 70 E. 55th St., NY, Registered Agents, Inc., 111 Eighth Ave., Office location: County of New York. process to c/o The LLC, 628 E. 20th Purpose: any lawful act. NY 10022-3222. General Purposes. SSNY has been designated as agent NY, NY 10011, also the registered St., Apt. 9F, NY, NY 10009. There is NOTICE OF FORMATION OF 759 St Latest date to dissolve 12/31/2042. of the LLC upon whom process against agent. Purpose: any lawful activities. no specific date set for dissolution. Nick LLC. Arts of Org filed with Secy it may be served. SSNY shall mail Notice of Formation of Millstone Purpose: to engage in any lawful of State of NY (SSNY) on 12/24/12. GLN NEW YORK LLC, a domestic process to: Eleven Madison Avenue, NY, Advisors LLC. Arts. of Org. filed activity or act. Office location: NY County. SSNY LLC, Arts. of Org. filed with the SSNY NY 10010. Purpose: any lawful act. Secy. of State of NY (SSNY) on designated as agent upon whom on 12/13/12. Office location: New Notice of Formation of THE PIONEER 1/7/13. Off. loc.: NY County. SSNY process may be served and shall York County. SSNY is designated as NOTICE OF FORMATION OF SPORTS, LLC, a domestic Limited designated as agent of LLC upon mail copy of process against LLC to: agent upon whom process against UNUSUAL MUSIAL TRANSPORT LLC. Liability Company. Arts of Org filed whom process against it may be served upon him/her is: 72 Madison the LLC may be served. SSNY shall Arts of Org filed with Secy of State of with Secretary of State of NY on served. SSNY shall mail process to: Ave, 6th Fl, NY NY 10016. Principal mail process to: The LLC, c/o NY (SSNY) on 10/5/12. Office location: 12/13/2012. Office location: Nassau 233 E. 17th St., Apt. 1, NY, NY business address: New York. Elisabeth M. Kovac, Esq., 90 Park NY County. SSNY designated as County. The street address is: 2370 10003. Purpose: any lawful activity. Purpose: any lawful act. Ave., FL. 18, New York, NY 10016. agent upon whom process may be Elk Ct., N. Bellmore, NY 11710. General Purposes. served and shall mail copy of process SSNY has been designated as agent Notice Of Formation of Ice Rink Events Notice of Formation of DKC STUDIO, against LLC to principal business of the LLC upon whom process Of New York LLC. Arts. of Org. filed LLC. Arts. of Org. filed with Secy. of Notice of formation of Archipelago address: 40 Macdougal St unit 9, NY against it may be served. SSNY shall with the Sect’y of State of NY (SSNY) State of NY (SSNY) on 09/19/12. Real Estate, LLC. Arts of Org Filed NY 10012. Purpose: any lawful act. mail process served to the LLC at on 3/15/12. Office location: NY Office location: NY County. SSNY with Secy Of State of NY on 1/8/13. street address. Purpose: any lawful County. SSNY designated as agent designated as agent of LLC upon Office Location: NY County. SSNY JENNIFER HARMAN SMITH, act of activity. whom process against it may be ARCHITECT, PLLC Articles of Org. upon whom process against LLC designated as agent upon whom may be served. SSNY shall mail served. SSNY shall mail process to process may be served and shall filed NY Sec. of State (SSNY) 1/4/13. NOTICE OF FORMATION OF LIMITED Corporation Service Co., 80 State St., Office in NY Co. SSNY desig. agent LIABILITY COMPANY. NAME: 345 process to LLC to: The LLC,c/o M.S. mail copy of process against LLC to Rapaport, Esq., 6th Fl., 18 East 48th Albany, NY 12207, regd. agent upon principal business address: 258 of LLC upon whom process may be LENOX, LLC. Articles of Organization whom and at which process may be served. SSNY shall mail copy of were filed with the Secretary of State Street, New York, N.Y. 10017. Riverside Drive, NY, NY 10025. Purpose: any lawful act. served. Purpose: Any lawful activity. Purpose: any lawful act. process to 330 E. 71st St., Apt. 5C, of New York (SSNY) on 05/27/05. NY, NY 10021. Purpose: To practice Office location: New York County. NOTICE OF FORMATION OF 101 Name of PLLC: Beugelmans, PLLC. NOTICE OF FORMATION OF the profession of Architecture. SSNY has been designated as agent West 78th LLC. Arts of Org filed with Arts. of Org. filed with NY Dept. of Psychotherapy Space LLC. Arts of of the LLC upon whom process Secy of State of NY (SSNY) on State: 10/9/12. Office loc.: NY Co. Org filed with Secy of State of NY LITTLE BE DESIGN LLC, a domestic against it may be served. SSNY shall 12/24/12. Office location: NY County. Sec. of State designated agent of (SSNY) on 1/18/12. Office location: LLC, Arts. of Org. filed with the SSNY mail a copy of process to the LLC, c/o SSNY designated as agent upon PLLC upon whom process against it NY County. SSNY designated as on 12/24/12. Office location: New York Rosalie J. Harris, 3647 Broadway, whom process may be served and may be served and shall mail agent upon whom process may be County. SSNY is designated as agent Apt. 1E, New York, New York 10031. shall mail copy of process against process to: c/o Business Filings Inc., served and shall mail copy of upon whom process against the LLC Purpose: For any lawful purpose. LLC to: served upon him/her is: 72 187 Wolf Rd., Ste. 101, Albany, NY process against LLC to principal may be served. SSNY shall mail Madison Ave, 6th Fl, NY NY 10016. 12205, regd. agt. upon whom Notice of Qualification of AUTONOMY business address: 39 E 78th St, NY, process to: The LLC, c/o Tsubura Principal business address: New process may be served. Purpose: REAL ESTATE FUND III: SPAIN NY 10075. Purpose: any lawful act. Wilson, 611 Broadway, Ste. 508, NY, York. Purpose: any lawful act. practice the profession of law. NY 10012. General Purposes. OPPORTUNITIES US LP. Authority Notice of Qualification of LOGGERHEAD filed with Secy. of State of NY (SSNY) Notice of Qualification of Bronx Union Notice of Qualification of CNG INVESTMENTS, L.L.C. Authority filed Notice of Qualification of DLICM, LLC. on 12/06/12. Office location: NY Holdings, LLC. Authority filed with NY Investment LLC. App. for Auth. filed with Secy. of State of NY (SSNY) on Authority filed with Secy. of State of NY County. LP formed in Delaware (DE) Dept. of State on 12/11/12. Office Secy. of State of NY (SSNY) on 01/15/13. Office location: NY County. (SSNY) on 01/08/13. Office location: on 10/17/12. Princ. office of LP: 461 location: NY County. Princ. bus. addr.: 11/27/12. Fictitious name in NY State: LLC formed in Delaware (DE) on NY County. LLC formed in Delaware Fifth Ave., 11th Fl., NY, NY 10017. c/o Regency Equity Partners, 101 CNG Investment Holdings LLC. Off. 07/24/12. Princ. office of LLC: 350 (DE) on 01/07/13. SSNY designated SSNY designated as agent of LP Eisenhower Pkwy., Roseland, NJ loc.: NY County. LLC formed in Park Ave., 11th Fl., NY, NY 10022. as agent of LLC upon whom process upon whom process against it may 07068. LLC formed in DE on 12/4/12. Delaware (DE) on 6/7/12. SSNY SSNY designated as agent of LLC against it may be served. SSNY shall be served. SSNY shall mail process NY Sec. of State designated agent of designated as agent of LLC upon whom upon whom process against it may mail process to the LLC, Attn: to the Partnership at the princ. office LLC upon whom process against it process against it may be served. be served. SSNY shall mail process to Corporation Service Co., 80 State of the LP. Name and addr. of each may be served and shall mail process SSNY shall mail process to: c/o c/o Corporation Service Co. (CSC), St., Albany, NY 12207-2543, regd. general partner are available from to: c/o CT Corporation System, 111 Moses & Singer LLP, 405 Lexington 80 State St., Albany, NY 12207-2543. agent upon whom and at which process SSNY. DE addr. of LP: 2711 8th Ave., NY, NY 10011, regd. agent Ave., NY, NY 10174. DE address of DE addr. of LLC: c/o CSC, 2711 may be served. DE addr. of LLC: 2711 Centerville Rd., Ste. 400, Wilmington, upon whom process may be served. LLC: c/o National Registered Agents, Centerville Rd., Ste. 400, Wilmington, Centerville Rd., Ste. 400, Wilmington, DE 19808. Arts. of Org. filed with DE addr. of LLC: 1209 Orange St., Inc., 160 Greentree Drive, Ste. 101, DE 19808. Arts. of Org. filed with DE DE 19808. Arts. of Org. filed with DE Secy. of State of DE, Div. of Corps., Wilmington, DE 19801. Cert. of Dover, DE 19904. Arts. of Org. filed Secy. of State, Div. of Corps., 401 Secy. of State, John G. Townsend The John G. Townsend Bldg., PO Form. filed with DE Sec. of State, DE Secy. of State, 401 Federal St., Federal St., Dover, DE 19901. Bldg., 401 Federal St., Dover, DE Box 898, Dover, DE 19903. Purpose: 401 Federal St., Dover, DE 19901. Ste. 4, Dover, DE 19901. Purpose: Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. Any lawful activity. Purpose: all lawful purposes. any lawful activity.

20 | Crain’s New York Business | February 4, 2013 TO PLACE A CLASSIFIED AD, CALL 1-800-444-6007 OR VISIT CRAINSNEWYORK.COM PUBLIC & LEGAL NOTICES Notice of Qualification of SYNOWLEDGE, Notice of Qualification of Group Sales Notice of Qualification of TigerStar, Notice of Qualification of 240 PARK Notice of Qualification of The Marketing LLC. Authority filed with Secy of Box Office, LLC. App for Authority LLC. Authority filed with Secy. of AVENUE SOUTH OWNER LP. Division, LLC. App for Authority filed State (SSNY) on 01/15/2013. Office filed with the Secy of State of NY State of NY (SSNY) on 12/12/12. Authority filed with Secy. of State of with the Secy of State of NY (SSNY) location: New York County. LLC (SSNY) on 11/30/12. Office loc: New Office location: NY County. LLC NY (SSNY) on 01/24/13. Office on 1/4/13. Office loc: New York formed in Delaware (DE) on 09/29/06. York County. LLC formed in DE on formed in Delaware (DE) on 11/28/12. location: NY County. LP formed in County. LLC formed in DE on 6/12/09. SSNY designated as agent of LLC 3/30/12. SSNY has been designated Princ. office of LLC: c/o T Capital Delaware (DE) on 01/23/13. Princ. SSNY has been designated as an upon whom process against it may be as an agent upon whom process may Management, LLC, 725 Fifth Ave., 23rd office of LP: Mr. Yitzchak Tessler, agent upon whom process may be served. SSNY shall mail process to: be served and shall mail a copy of any Fl., NY, NY 10022. SSNY designated Tessler Developments, LLC, 461 Park served and shall mail a copy of any c/o National Registered Agents, Inc., process against the LLC served upon as agent of LLC upon whom process Ave. South, NY, NY 10016. SSNY process against the LLC served upon 111 Eighth Ave., 13th floor, New York, it to c/o Corporation Service Company, against it may be served. SSNY shall designated as agent of LP upon it to c/o Corporation Service Company, NY 10011. National Registered Agents, 80 State Street, Albany, NY 12207- mail process to c/o Corporation whom process against it may be 80 State Street, Albany, NY 12207- Inc. is the registered agent as well. 2543. Princ address of LLC: 729 7th Service Co., 80 State St,, Albany, NY served. SSNY shall mail process to 2543. Princ address of LLC: 1619 Address required to be maintained in Ave, FL 7, New York, NY 10019. DE 12207-2543. DE addr. of LLC: 2711 the LP at the addr. of its princ. office. Broadway, FL 9, New York, NY 10019. home jurisdiction: 160 Greentree Drive, address of LLC: c/o Corporation Centerville Rd., Ste. 400, Wilmington, Name and addr. of each general DE address of LLC: c/o Corporation Ste.101, Dover, Delaware 19904. Arts. Service Company, 2711 Centerville DE 19808. Arts. of Org. filed with partner are available from SSNY. DE Service Company, 2711 Centerville Of Org filed with DE Secy of State, Road, Suite 400, Wilmington, DE Secy. of State of DE, Div. of Corps., addr. of LP: Corporation Service Co., Road, Suite 400, Wilmington, DE Division of Corporations, 401 Federal 19808. Cert of Formation of LLC filed John G. Townsend Bldg., 401 2711 Centerville Rd., Ste. 400, 19808. Cert of Formation of LLC filed St., Suite 4, Dover, DE 19901. Purpose: on 3/30/12 with the Secy of State of Federal St. - Ste. 4, Dover, DE Wilmington, DE 19808. Arts. of Org. on 6/12/09 with the Secy of State of To engage in any activity for which DE loc at: Div of Corps, John G 19901. Purpose: Any lawful activity. filed with Secy. of State of DE, Div. of DE loc at: Div of Corps, John G LLCS may be formed under NY law. Townsend Bldg, 401 Federal Street – Corps., John G. Townsend Bldg., Townsend Bldg, 401 Federal Street – Ste 4, Dover, DE 19901. Purpose of 265 LAFAYETTE RISTORANTE LLC, 401 Federal St. - Ste. 4, Dover, DE Ste 4, Dover, DE 19901. Purpose of Notice of Formation of CWC HOLDINGS LLC: any lawful activity. Arts. of Org. filed with the SSNY on 19901. Purpose: Any lawful activity. LLC: any lawful activity. LLC. Arts. of Org. filed with Secy. of 12/12/2012. Office loc: NY County. State of NY (SSNY) on 01/18/13. SSNY has been designated as agent Notice of Qualification of BiologicTx, NOTICE OF FORMATION OF The 22ND STREET RESTAURANT GROUP, Office location: NY County. SSNY upon whom process against the LLC LLC. Authority filed with Secy. of Salembier Group, LLC. Arts of Org LLC, a domestic LLC, Arts. of Org. designated as agent of LLC upon may be served. SSNY shall mail State of NY (SSNY) on 12/10/12. filed with Secy of State of NY (SSNY) filed with the SSNY on 1/14/13. whom process against it may be process to: C/O G&D Restaurant Office location: NY County. LLC on 11/9/12. Office location: NY Office location: New York County. served. SSNY shall mail process to Associates LLC, 136 E. 57th St, Ste formed in Nevada (NV) on 2/16/11. County. SSNY designated as agent SSNY is designated as agent upon Douglas B. Seckendorf, 180 E. 82nd # 600, NY, NY 10022. Purpose: Any SSNY designated as agent of LLC upon whom process may be served whom process against the LLC may St., Ste., 5B, NY, NY 10028. Lawful Purpose. upon whom process against it may be and shall mail copy of process against be served. SSNY shall mail process Purpose: Any lawful activity. to: The LLC, 54 W. 21 St., #905, NY, served. SSNY shall mail process to: LLC to principal business address: National Registered Agents, Inc., 111 The Salembier Group, LLC, 860 Notice of Formation of Lavan NY 10010. General Purposes. Notice of Formation of HESHANDSON, Associates LLC. Arts. of Org. filed Eighth Ave., NY, NY 10011, also the United Nations Plaza, Apt. 27A, NY, registered agent. Principal office LLC. Arts. of Org. filed with Secy. of Secy. of State of NY (SSNY) on NOTICE OF FORMATION OF CITY NY 10017. Purpose: any lawful act. address: 40D Commerce Way, State of NY (SSNY) on 03/02/12. 11/21/12. Off. loc.: NY County. PROPERTY OF HARLEM, LLC. Arts Totowa, NJ 07512. Arts of Org. filed Office location: NY County. SSNY SSNY designated as agent of LLC of Org filed with Secy of State of NY NOTICE OF FORMATION OF AVL with the NV Secretary of State, NV designated as agent of LLC upon upon whom process against it may (SSNY) on 8/30/12. Office location: NY Piano Studio LLC. Arts of Org filed State Capitol Bldg., 101 North Carson whom process against it may be be served. SSNY shall mail process County. SSNY designated as agent St., Ste. 3, Carson City, NV 89701. served. SSNY shall mail process to with Secy of State of NY (SSNY) on to: c/o R.A. Cohen & Associates, upon whom process may be served Purpose: any lawful activities. the LLC, 366 Amsterdam Ave., #201, 12/10/12. Office location: NY County. Inc., 60 E. 42nd St., Ste. 850, NY, NY and shall mail copy of process NY City, NY 10024. Purpose: Any SSNY designated as agent upon whom 10165. Purpose: any lawful activity. against LLC to principal business lawful activity. process may be served and shall mail address: 336 E 86TH ST. NY, NY NOTICE OF FORMATION OF fuelsoul copy of process against LLC to: US NOTICE OF FORMATION OF CITY 10028. Purpose: any lawful act. group LLC. Arts of Org filed with Secy NOTICE OF FORMATION OF NO Corp Agents, lnc., 7014 13th Ave, PROPERTY OF TIMES SQUARE, LLC. of State of NY (SSNY) on 12/27/12. THETA TECHNOLOGY LLC. Arts of Ste 202, Bklyn, NY 11228. Principal Arts of Org filed with Secy of State of Office location: NY County. SSNY BELLA FORZA, LLC, Arts. of Org. Org filed with Secy of State of NY business address: 77 Allen St, Ste 2A, N Y, NY (SSNY) on 8/30/12. Office location: designated as agent upon whom filed with the SSNY on 10/24/2012. (SSNY) on 10/29/12. Office location: NY 10002. Purpose: any lawful act. NY County. SSNY designated as process may be served and shall Office loc: NY County. SSNY has NY County. SSNY designated as agent upon whom process may be mail copy of process against LLC to: been designated as agent upon whom agent upon whom process may be served and shall mail copy of process 101 N. Brand Blvd.; 11th fl; Glendale, Notice of Formation of Limited Liability process against the LLC may be served and shall mail copy of against LLC to principal business CA 91203. Principal business Company (LLC) Name: 797 MADISON served. SSNY shall mail process to: process against LLC to principal address: 336 E 86TH ST. NY, NY address: 425 E 79th St; Ste 2E; NY, REALTY, LLC. Articles of Organization 34 Bethune St., 1F, NY, NY 10014. business address: 111 Worth St. Apt 10028. Purpose: any lawful act. NY 10075. Purpose: any lawful act. filed by the Department of State of Purpose: Any Lawful Purpose. 14S, NY, NY 10013-4031. Purpose: New York on: 11/09/2012. Office any lawful act. location: County of New York. Purpose: Notice of Formation of My My Love NOTICE OF FORMATION OF any and all lawful activities. Secretary LLC. Arts. of Org. filed with Secy. of Notice of Formation of The Ivan Entertainment Athletica LLC. Arts of KCT ABSTRACT LLC, Arts. of Org. of State of New York (SSNY) designated State of NY (SSNY) on 1/10/13. Gellegos Rivas LLC. Arts. of Org. Org filed with Secy of State of NY filed with SSNY on 12/13/12. Off. Loc.: as agent of LLC upon whom process Office location: NY County. SSNY filed Secy. of State of NY (SSNY) on (SSNY) on 5/11/12. Office location: New York County. SSNY designated against it may be served. SSNY designated as agent of LLC upon 12/6/2012. Off. loc.: NY County. NY County. SSNY designated as as agent of LLC upon whom shall mail a copy of process to: c/o whom process against it may be SSNY designated as agent of LLC agent upon whom process may be process against it may be served. Maniatis & Dimopoulos P.C., 700 served. SSNY shall mail process to: upon whom process against it may served and shall mail copy of process SSNY shall mail a copy of process White Plains Road, Suite 338, The LLC, 7 E 47th St., NY, NY 10017, be served. SSNY shall mail process against LLC to principal b\usiness to: The LLC, 28 Elizabeth St., #200, Scarsdale, NY 10583. also the principal office. Purpose: to: 1158 5th Ave., Apt. 5B, NY, NY address:145 E 15th St Apt 16S, NY, New York, NY 10013. Purpose: to any lawful activities. 10029. Term: until 12/31/2111. NY 10003. Purpose: any lawful act. engage in any lawful act. Purpose: any legal purpose. Notice of Qualification of BREF Notice of Qualification of RELATED Notice of Qualification of AIF VIII BAHAMAS MANAGEMENT, LLC. Notice of Formation of LLC. Name: WILLETS, LLC. Authority filed with Notice of Qualification of LORELEI MANAGEMENT, LLC. Authority filed Authority filed with Secy. of State of Doggington’s, LLC. Articles of Secy. of State of NY (SSNY) on PROPERTY LLC. Authority filed with with Secy. of State of NY (SSNY) on Organization filed with the Secretary NY (SSNY) on 12/20/12. Office 12/11/12. Office location: NY County. Secy. of State of NY (SSNY) on 12/19/12. Office location: NY County. of State of New York on December 17, location: NY County. LLC formed in LLC formed in Delaware (DE) on 12/19/12. Office location: NY County. LLC formed in Delaware (DE) on 2012. NY Office Location: New York Delaware (DE) on 12/12/11. Princ. 05/11/12. Princ. office of LLC: 60 LLC formed in Delaware (DE) on 10/23/12. Princ. office of LLC: 9 W. 57th County. SSNY has been designated office of LLC: 200 Vesey St., 11th Fl., Columbus Circle, NY, NY 10023. 03/23/12. SSNY designated as agent St., 43rd Fl., NY, NY 10019. SSNY as agent of LLC upon process against NY, NY 10281. SSNY designated as SSNY designated as agent of LLC of LLC upon whom process against designated as agent of LLC upon whom it may be served. The P.O. address agent of LLC upon whom process upon whom process against it may it may be served. SSNY shall mail process against it may be served. to which the SSNY shall mail a copy against it may be served. SSNY shall be served. SSNY shall mail process process to c/o Sandra Viana Esq., SSNY shall mail process to the LLC, of any process against the LLC is mail process to c/o Corporation to c/o Corporation Service Co. Withers Bergman LLP, 430 Park Ave., Attn: John J. Suydam at the princ. C/O the LLC: Attn: Denise Lubaway, Service Co. (CSC), 80 State St., (CSC), 80 State St., Albany, NY 10th Fl., NY, NY 10022. DE addr. of office of the LLC. DE addr. of LLC: 160 Central Park South, Ste. 3801, NY, Albany, NY 12207-2543. DE addr. of 12207. DE addr. of LLC: c/o CSC, LLC: c/o Corporation Service Co., c/o Corporation Service Co., 2711 NY 10019. The principal business LLC: c/o CSC, 2711 Centerville Rd., 2711 Centerville Rd., Ste. 400, 2711 Centerville Rd., Ste. 400, Centerville Rd., Ste. 400, Wilmington, address of the LLC is: 160 Central Wilmington, DE 19808. Arts. of Org. Wilmington, DE 19808. Arts. of Org. Wilmington, DE 19808. Arts. of Org. New Castle Cnty., DE 19808. Arts. of Park South, Ste. 3801, NY, NY 10019, filed with DE Secy. of State, John G. filed with Secy. of State of DE, John filed with DE Secy. of the State, Div. Org. filed with The Secy. of State of Latest date to dissolve: indefinite. Townsend Bldg., 401 Federal St., G. Townsend Bldg., Federal and of Corps., John G. Townsend Bldg., DE, Dept. of State, Div. of Corps., Purpose of LLC: to engage in any Ste. 4, Dover, DE 19901. Purpose: Duke of York Sts., Dover, DE 19901. 401 Federal St. - Ste. 4, Dover, DE John Townsend Bldg., Dover, DE lawful act or activity. Any lawful activity. Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. 19901. Purpose: Any lawful activity. Get connected with Crain’s New York Business.

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February 4, 2013 | Crain’s New York Business | 21 REAL ESTATE DEALS Tenants play musical chairs BARE BONES

imes Square Capital’s recent lease at 7 Times Square is the kind rare on lease documents in recent that landlords dream of in midtown, a market that in recent months. According to data from months has found itself in the leasing doldrums. Cushman & Wakefield,deals above Eager to downsize its New York headquarters, London law $100 per square foot dropped to 35 firm Ashurst was going to give up the entire 42nd floor at 7 in 2012, from 46 in 2011. TTimes Square when its lease expires next year. The 53-story, 540,000-square- Instead, the firm was shown the option of space on a lower floor that was foot tower at 712 Fifth Ave., owned being offered for sublease by the large law firm Day Pitney. Ashurst wound by the Paramount Group, has

up signing that sublease, which totaled 20,000 square feet. catered to boutique financial firms. buck ennis The move allowed Times Square Capital to take the 28,000-square-foot Deals that involve renewals have 650 FIFTH AVE. 99 NINTH ST., 140 58TH ST., space vacated by Ashurst before that floor ever came on the market.That, in also allowed landlords a strong bar- BROOKLYN BROOKLYN turn, was good news for Boston Properties, the building’s landlord. Build- gaining chip. Several tenants recent- ASKING RENT; TERM: ASKING RENT; TERM: ASKING RENT; TERM: $6 ing owners in the area have begun to sweat over empty space in midtown as ly have been willing to pay up in or- $69 per square foot; 10 $13 per square foot; 10 per square foot; 10 years several big spaces have begun to fester without takers. der to avoid the costs and disruptions years years SQUARE FEET: 39,500 The asking rent for Times Square Capital’s 10-year lease was in the high of moving. The capital expense and SQUARE FEET: 7,300 SQUARE FEET: 72,000 logistics are especially burdensome TENANT; REP: Jacques $70s per square foot. Ben Friedland sa, represented Ashurst. Adam Fra- for financial tenants, which often TENANT; REPS: Hana TENANT; REP: Eastern Torres; Roberto Camacho Bank; Soon Rhee and Effects Inc.; Brian of Buchbinder & Warren and Silvio Petriello represented zier, an in-house leasing executive at have to rebuild costly trading infra- Norman Bobrow of First Kanarek of BKR Partners Realty Group Times Square Capital and were not Boston Properties, negotiated on structure if they choose to move. New York Realty LANDLORD; REP: C&F LANDLORD; REPS: New available for comment. behalf of the landlord. Investment bank Jefferies just laid LANDLORD; REPS: 650 Second Avenue; in-house York City; Sharone Levy Marcus Rayner, a broker at Cre- —daniel geiger out more than $100 per square foot Fifth Avenue Co.; Robert representation and Guy Solomonov of for about 112,000 square feet of the Stillman and Paul Haskin Greiner-Maltz of CBRE Group Inc. BACK STORY: The film roughly 460,000 square feet it just re- and TV equipment and BACK STORY: The Financial firm inks triple-digit lease newed at 520 Madison Ave. BACK STORY: The South studio rental company chocolate maker, which Ben Friedland and Silvio Petriel- Korea-based financial signed a lease for a has retail locations in Investment firm CVC Capital Partners has signed a 10-year deal to expand lo represented CVC Capital Partners institution renewed its warehouse location in Manhattan and Brooklyn, 712 Fifth Ave. lease on the 15th floor of Brooklyn’s Gowanus, will house its factory at to the 42nd floor of The firm will also renew its hold on the in the deal. Paramount was repre- the 36-story building. according to The Real the 97-acre Brooklyn 43rd floor for the same period. sented in-house by leasing executives Deal. Army Terminal, according The total size of the deal is nearly 20,000 square feet. The asking rent is Ted Koltis and Peter Brindley. to The Commercial north of $100 per square foot, a triple-figure sum that has been relatively —daniel geiger Observer.

years. In addition, manufacturing apparel sellers buy fabrics overseas, ‘Made in USA’ sees NYC uptick here means that retailers can get because Environmental Protection smaller batches of products into Agency rules for printing with dyes stores more quickly, reducing the make local sourcing difficult. Mean- Continued from Page 3 for decades, for example, and oper- Brooks Brothers. need for end-of-season markdowns. while, when brands began outsourc- Schiffer expects to engage in produc- ates two additional East Coast facil- Asia’s rising middle class also has “It’s the unsold portion which ing manufacturing and shuttering tion of up to thousands of units. The ities—and is working to strengthen altered the landscape.Asian shoppers becomes the albatross around their their local factories decades ago, company has already signed Aber- its capabilities. In its neckwear fac- are beginning to covet U.S.-made necks,” said Andy Jassin, head of re- younger workers, especially in the crombie, Opening Ceremony and tory, which last year produced 1.5 brands, according to some designers. tail consultancy Jassin Consulting garment district, started abandoning Burt’s Bees Baby as clients. It’s also million cravats, Brooks Brothers New York-based designer Patrik Group. “It’s a matter of what’s effi- the field for more lucrative industries. producing uniform accessories, in- employs 300 workers, up 10% since Ervell, who launched his eponymous cient, and we’re beginning to see the So far, the return of some facto- cluding hats, gloves and scarves, for early 2011. Three years ago, the menswear business seven years ago efficiency of ‘Made in USA.’ ” ries has not been enough to reverse the 2014 Winter Olympic Games. brand overhauled its operations and manufactures 95% of his goods in And Americans appear increas- the loss of manufacturing jobs in the from assembly line to “module,” or the U.S.,has noticed that buyers from ingly willing to pay for it.About 75% city, where fashion jobs have steadi- Orders up by 30% manufacturing by team, to become Japan, China and South Korea are of consumers said they would shell ly declined from 200,000 in the hey- Meanwhile, Stoll America, a more efficient, and it began produc- looking to stock only apparel manu- out more for American-made goods, day of the 1960s. 140-year-old knitting-machine sell- ing apparel for other brands, such as factured in the U.S. If it doesn’t carry up from 50% in 2010, according to “You don’t see the kids of the kids er that also makes apparel,opened an Club Monaco and Jack Spade. that label, they’re not interested, he America’s Research Group.Typical- in the factories anymore,” said Alex outpost on West 39th Street in 2009 The clothier now promotes its noted. Currently, Asia represents ly, U.S.-made products have been Garfield,who has been in the appar- and has been growing ever since.The American-made wares through a 25% of his wholesale business. limited to small high-end designers, el industry for more than two company employs 21 workers, up special section on its website and but now larger mainstream retailers, decades, currently as a founder of from 12 four years ago, and has seen specific catalogs—recognizing that Shifting pattern like Ohio-based Abercrombie, are women’s pants brand Peace of Cloth. orders increase by 30% since 2010. consumers are paying attention to “People have started to fetishize investing in U.S. manufacturing. “A whole generation is missing.” “Up until now,no one was around the origin of their clothing. (Ralph this ‘Made in USA’ thing; it has an “A lot of these stores are strate- Still, the dynamic is shifting. where designers could get samples Lauren was criticized last summer aura around it,”said Mr.Ervell,who gizing how they can do a ‘Made in “Ten years ago, it was six times done,”said Marcus Kirwald,product for making the U.S. Olympic team’s sells to upscale stores such as Bar- USA’ product now because they cheaper to manufacture in China,” development manager.“They had to uniforms in China.) neys New York and Opening Cere- think the country is ready for it,”said said Ms.Garafalo.“Today,it is about send them out, and there was lot of “It’s really critical as part of our mony. “That period of churning Mr. Schiffer. three times less expensive,so the op- time and frustration involved.” heritage and our culture that we stuff out of China and shipping it Even so, manufacturing locally, portunity for better margins [there] Brooks Brothers has made a maintain and actually increase here is shifting.” whether in New York’s garment dis- is reducing.” Ⅲ name for itself in local production— American manufacturing,” said Domestic production is prici- trict or Garland, N.C.—where it has manufactured its ties at a Long Paulette Garafalo, president of in- er—by as much as 40%—but the Brooks Brothers operates a factory— LISTEN to a discussion at Island City, Queens-based factory ternational and manufacturing at gap has been narrowing in recent continues to present challenges.Most CrainsNewYork.com/podcasts

and pizzerias. city-mandated paid sick leave de- and Michael Levoff, a former Significant expenditures on spite being made up primarily of spokesman for Mitt Romney’s 2012 Chambers’ music small business issues could counter Fortune 500 companies. In 2010, presidential campaign. heavy spending by unions expected the Partnership commissioned a Though the interests of local during this year’s mayoral race. study on paid-sick-leave legislation small and big businesses may di- Continued from Page 3 there were no fundraising goals yet. It would also blunt the power of that has helped stall the bill for the verge, Partnership CEO Kathryn nancial resources or organizational He mentioned TD Bank, which has labor-friendly candidates whose ac- time being. Wylde welcomed having an addi- capacity to have an impact. Small been generous in giving to small ceptance of public campaign financ- tional organization advocate on business owners rarely have the time business initiatives in New York, as ing means they will have to comply Election push business issues. or money to spend on lobbying. one type of potential donor to the with spending limits. A source said the Partnership “We’ve been doing the same stuff new group. In the past, the chambers have will again advocate for business in- and have been working with them Tentative plans The chambers’ members are pri- depended on the Partnership for terests in the 2013 election.Its cam- on the same front,” said Ms.Wylde. Plans for the nonprofit are still marily local companies, from re- New York City, which has taken a paign will be led by former “So I think it’s complementary to fairly tentative. Mr. Friedman said gional banks down to dry cleaners strong interest in the fight against Bloomberg spokesman Stu Loeser what we’ve been doing.” Ⅲ

22 | Crain’s New York Business | February 4, 2013 congratulates the winners of Accelerate Michigan Innovation Competition, a $1 million business competition

With more than 300 Michigan companies vying for funding in 2012, 15 companies captured cash prizes. Top award winners were:

Grand Prize $500,000 Algal Scientifi c Corporation is a Plymouth, Michigan bio-technology fi rm pioneering high value sterile production of animal and human health and nutrition ingredients from algae. A complementary technology uses algae to recycle water and recover valuable nutrients and co-products from food industry process streams that currently incur high treatment costs. Second $100,000 nanoMAG LLC is developing bioabsorbable magnesium alloy (BioMg™) orthopedic implants that support the bone during healing and provide nutrients to promote bone regrowth, while degrading over time. By using an alloy of elements that are naturally found in the body, the BioMg™ implant can supply the temporary structural reinforcement needed while avoiding the complications associated with permanent metal alloy implants. Third $50,000 InPore Technologies Inc., a Michigan State University spinoff, is bringing to market its patent-protected mesoporous ceramic particle technology. A multi-function platform technology, its initial foci are on the application of Mezzopore™ additives for improving the performance of water purifi cation membranes as well as the application of Silapore™ additives that reduce the need for costly (and environmentally unfriendly) fl ame retardants.

The 2013 Accelerate Michigan Innovation Competition will be held Nov. 13 and 14 at The Westin Book Cadillac in Detroit. Go to www.acceleratemichigan.org for more information.

Read about these and dozens of other investment-worthy companies in Michigan through The New Michigan Deal, a special report on early-stage and high-growth companies across the state and the private equity and venture capital funds investing in them. Publishing March 11, 2013. For advertising information, contact Marla Wise at 313.446.6032 or [email protected]. To order your FREE copy, email [email protected] or call 313.446.6083.

PROUD SPONSORS: are so concerned about losing rev- THE WORLD AS enue to these machines that they Betting on tourists prevented three Albany-regulated SEEN BY FEMA racinos from having them in a com- Continued from Page 1 constitutional amendment this year pact with New York state. Batavia New flood-zone map The casino operator is also in dis- to allow table games with live deal- Downs,Hamburg and Finger Lakes adds 35,000 properties. cussions with local airlines, includ- ers.In the meantime,the games give are too close in proximity to Seneca LEGEND ing Delta,about marketing partner- Resorts World a leg up among casi- Nation casinos to have electronic Flood zone of 1983 ships—offering rewards points for nos in New York. table games, according to the Wa- Proposed flood-zone expansion of 2013 airline tickets or free plays at the The electronic table games are a gering Board, the regulatory au- casino, for example—and it’s hit with gamblers eager to wager on thority that was formed Feb.1 by the launching an advertising campaign something other than slots. During merger of the New York Lottery and at La Guardia and John F.Kennedy peak times, Mr. Goode said, people the Racing and Wagering Board. international airports. The racino is wait in line to play the games, which just a 10-minute ride from JFK. are in use 90% of the time,compared ‘Maximizing the machines’ “The tourist who is coming to with a 50% to 60% utilization rate for But even though Resorts World New York for the Broadway shows, the casino’s regular slot machines. and Empire City are allowed to offer shopping and other attractions Last Wednesday afternoon, Re- electronic table games,they can’t sim- probably doesn’t even know there is sorts World was moderately busy ex- ply add more whenever they please. a casino in the city,” said Christian cept for the pockets of the floor where For one thing,they don’t own the Goode, senior vice president for de- games of baccarat, craps and roulette machines—the manufacturers own velopment at Resorts World. “We are set up. The red- them—and they work collabora- Attack of the map have to get our carpeted room, with its tively with the manufacturers and brand out there.” red upholstered chairs, the Wagering Board to determine Sandy’s flooding. He puts his losses After talks ‘You’ll make buzzed with Asian when to remove poorly performing BY MATT CHABAN in spoiled food alone at $15,000. broke down last gamblers sitting side by machines or to add others. Now his landlord is facing a huge June with Mr.Cuo- far more side in groups of 30 or “We are all invested in maximiz- Eugene Scolerio bought his increase for flood insurance—a cost mo over plans to so, intently watching ing the machines,” said Mr. Goode. Victorian-style rowhouse on the cor- that Mr. Nadelson fears will be build a 3.8 million- money on the video screens that “The more money it makes, the ner of Avenue X and East 19th Street passed on to him. square-foot con- act as surrogate human more we make collectively.” in Sheepshead Bay, Brooklyn, in “And then I have to raise my vention center at table dealers. The decision-making process, 1965, paying $31,000. Now, even prices, and my customers, who have Aqueduct, Resorts Table games are however, limits Resorts World’s though the waters from Superstorm to pay to fix their own homes, can’t World focused on games’ more lucrative than control. Sandy never got closer than Avenue afford it,” Mr. Nadelson said. “It’s improving trans- slots because they have While the Legislature considers a Y a block away,he may have to spend bad.” portation to its higher minimum wa- casino amendment that would have hundreds or even thousands of dol- For Sheila Gitlin, a real estate southeast Queens gers—$5 at Resorts to be approved by voters, Resorts lars a year for federal flood insurance. agent for the Fillmore Real Estate facility to push even World—compared World is happy to sit on the sidelines, “I’ve been here 48 years, and this office on Avenue U nearby,the prob- more people through its doors. The with penny-ante slot machines. quietly building a massive business. has never happened before,and now lem is the two rental properties she convention talks are tabled for When the racino first opened in The company may still build a they want me to pay for it,” the 73- owns on a block of Emmons Avenue now—but not completely dead, ac- late 2011,it had about 400 electron- convention center, Mr. Goode said, year-old said. “It’s just another tax.” that is now on the new FEMA map. cording to Mr. Goode. ic table games. It has since more but not until it knows where the oth- Mr. Scolerio is one of more than “Because I’m a landlord, not a Last summer,the company start- than doubled that number, to 934, er casinos will go—and certainly not 35,000 property owners in the city resident, I’m [ineligible] for FEMA ed a free shuttle service at Jamaica recently adding some that are popu- if a casino is built in Coney Island or struggling to deal with the myriad insurance, and now I don’t know station, where it’s building a com- lar in Europe. Its closest rival, Em- nearby Willets Point, as Assembly consequences of waking up last Tues- who will insure me since I’m over fortable lounge for visitors arriving pire City Casino at Yonkers Race- Speaker Sheldon Silver suggested day morning to find their homes and the line,” she said. As a result, she from JFK’s AirTrain, the Long Is- way,has 198 such games,though it’s recently. Mr. Cuomo has said that businesses included in a hugely ex- said, she might be forced to sell, but land Rail Road and subways. In the adding another 135 in the coming for the “foreseeable future” none of panded flood zone on maps released there, too, the news is bad. “I don’t next couple of months, it will open a months,said a spokeswoman for the the casinos will be located in the city. by the Federal Emergency Manage- even think it would be worth what I skywalk connecting the casino to Westchester facility. When Resorts World won the ment Agency. The new maps dou- could have gotten last week, before the Aqueduct Racetrack station on “You’ll make far more money on bid to build the city’s first casino, it bled the number of properties in the these maps,” she said. the A line. It has renovated the sta- a table game than a slot machine,” paid New York a $380 million li- flood zone. Tens of thousands more tion and added an elevator. said the spokeswoman.Empire City censing fee based on the belief that will likely be added when FEMA re- Zoning gets waived requires a minimum wager of $10 it would remain the only casino in leases its maps for northern Brook- Last week, property owners in Digital dealers for its electronic table games, while the city. Keeping it that way would lyn and Queens, western Staten Is- Sheepshead Bay and elsewhere got The casino has also amassed the the average bet on penny machines, be a key factor for the company to land, the Bronx and Manhattan at one bit of good news, when the largest collection of electronic table which account for the majority of pursue a convention center. the end of the month. Bloomberg administration moved games in the state. These machines the casino’s machines, is $1.23 per “We want to make sure we are Landowners are now facing di- to address some of the uncertainties allow gamblers to play games like spin, she said. not disadvantaged,” said Mr. minished property values at the that the expanded flood zones had blackjack and poker without live “The table games are clearly one Goode. Ⅲ same time that the costs of owning a created for property owners. It is- dealers—live table gambling is ille- reason we’ve been so successful,” home or business in these areas will sued an executive order suspending gal in New York state. Mr. Cuomo said Resorts World’s Mr. Goode. LISTEN to a discussion at rise—a result of higher insurance certain zoning restrictions, such as hopes the Legislature will pass a Native American-owned casinos CrainsNewYork.com/podcasts rates and stricter rebuilding require- building heights, which might hin- ments. They may also have a harder der property owners in their re- time securing a mortgage, as could building efforts as they try to nego- potential buyers of their homes. tiate conflicting demands between “There’s a space on the appraisal local and federal regulations. East vs. west battle brewing form for FEMA flood zones, and NYC Planning Commission [filling that in] could be a real red Chair Amanda Burden made it Continued from Page 6 foot-plus skyscraper to be anchored other nine or 10 years?” flag,” said Jonathan Miller, chief ex- clear what the administration hopes fell short of expectations, the city, by high-end handbag maker Coach. Winning over the skeptics, in- ecutive at Miller Samuel, a leading to accomplish with the new rules. which has guaranteed repayment of Mr. Garodnick and other critics cluding Mr. Garodnick, will be cru- appraiser. Homes that weeks ago “Homeowners need to be able to the debt, had to pay more to make fret that the rezoning in midtown cial to the Bloomberg administra- would not have been labeled as be- rebuild to sound flood-protection up the difference. In total, the gap- could shift the focus of development tion’s hopes of gaining approval for ing inside the federal floodplain standards without facing conflicts filling effort cost the city $137 mil- back toward Manhattan’s core just the rezoning,which it has identified now are, and Mr. Miller said this with current zoning regulations,”she lion during the six-year period. when construction on the West Side as key to maintaining the city’s long- could give lenders a reason to deny said. “This limited and targeted sus- is still struggling to achieve critical term competitiveness as a global people mortgages. pension of zoning regulations in the Critical mass mass. business center. Sheepshead Bay is one of a num- flood zones … will help ensure that The city’s liability is only grow- “The city has said they won’t ber of neighborhoods where hun- new and rebuilt homes and business- ing. Interest payments on the debt compete, but are we really certain Going forward dreds of blocks have been added to es and other buildings will be safe- have risen this year by more than about that?” asked Raju Mann, an At the Crain’s gathering last flood-zone maps that formerly guarded from coastal floodwaters.” $20 million, to more than $150 mil- executive at the Municipal Art So- week, Deputy Mayor for Economic showed only a handful of them. On Strict height limits incorporated lion, requiring the city to set aside ciety, which has criticized aspects of Development Bob Steel, a chief the corner of one of those blocks, at in zoning in many low-lying areas of more funds to keep the bonds from the midtown east rezoning push,in- architect of the rezoning plan, gave Avenue Z and Sheepshead Bay the city, for instance, would effective- defaulting. According to the IBO, cluding its impact on potential land- no hint of ceding any ground on the Road, the area’s main shopping ly bar homeowners from raising their the city put up $155.6 million in ad- mark buildings in the central busi- midtown east effort before the strip, stands the Tête-à-Tête Café, first floors to put them above the po- vance to service the bonds in 2013 ness district.“Can anyone guarantee mayor’s term ends Dec. 31. where a mix of Russian and Ameri- tential flooding.Thanks to the execu- and 2014. that five years is long enough to get “Mayor Bloomberg has told us can pop music plays on a stereo. tive order, that will not be the case. Ⅲ Meanwhile, work has begun on Hudson Yards started and that the every single day that ...we’re going to Owner Arkady Nadelson said only one major office tower west of city won’t have to keep plugging run to the finish line and finish our his six-year-old establishment was LISTEN to a discussion at Penn Station, a 2 million-square- these holes in the financing for an- responsibilities,” Mr. Steel said. Ⅲ closed for two months as a result of CrainsNewYork.com/podcasts

24 | Crain’s New York Business | February 4, 2013 INSIDE HELLUVA TOWN Source Lunch The heart Ruth Messinger’s group of Wall Street shrinks for bigger impact P. 26 Wall Streeters get a lot of scorn for their lavish pay, but when Out and About bankers and brokers throw themselves behind a good cause, Lots of short plays P. 27 the results can be impressive. Take the RBC Decathlon, an event started five years ago as a friendly competition by Marc Hodulich and Dave Maloney, two former finance executives and college jocks. Last year’s event drew 116 investment bankers, traders and brokers to Columbia University’s Wien Stadium who

raised $1.25 million for Memorial Sloan-Kettering Cancer Center. This year, the decathlon, to be held July 28, is expanding to include a women’s division and a race called the Wall Street Mile the day before. Registration opened Jan. 22, and in four quick days all 150 slots were filled by financial types who met the minimum fundraising threshold of $3,000, Mr. Maloney said.The event now even has a waiting list, and organizers are considering whether to expand to make the fundraiser a two-day event next year. —aaron elstein From Detroit to Broadway

Broadway producer Kevin McCollum should be dancing in the streets: He and his partners are paying for only one of the two Times Square billboards that will both be up by next month touting WESTMINSTER BOUND: Katherine Schwartz and her Rhodesian Ridgeback, Tank chrysler group llc their latest production, Motown: The Musical, which highlights the life of the record label’s legendary founder, Berry Gordy. Dog days The other billboard is part of a national campaign paid for by Chrysler Group that features the Prized pooches primp, preen and parade at the canine new musical in TV commercials for its Chrysler 300 Motown-themed world’s biggest event, the Westminster Kennel Club show sedan, which comes preloaded with songs from the famed label and will

be introduced this spring. buck ennis In the TV spots, Mr. Gordy is shown being driven from Detroit to MOST POPULAR BREEDS the Lunt-Fontanne Theatre, where BY MIRIAM KREININ SOUCCAR AT WESTMINSTER the show will begin previews in March. Mr. McCollum believes very day after his walk in the park,Tank, a Rhodesian Ridgeback, has to Golden it’s the first national campaign for practice placing his paws in perfect standing position. When his owner, retrievers a brand-new Broadway show.The 61 (out of producer of such hits as Rent Katherine Schwartz, has friends over, they pretend to be judges so Tank can more than hardly expects those who see the role-play what it’s like to be in a competition. ¶ Competing is nothing new for 2,700 dogs) national ads in, say, Oklahoma to jump on a plane to see Motown. Tank, who is 2 years old and has been to about 40 dog shows. In fact, he won Labrador retrievers Still, he said, “I’m sure that three “Best in Breed” at a contest last summer. But now he is getting ready for the 54 years from now, when I take the competition of his life—the Westminster Kennel Club’s annual show, the show on the road, it will be in America’s collective memory.” most prestigious dog show in the U.S. and perhaps the world. ¶ “I always get a The partnership was Chrysler’s little nervous before a show, and this is the big one,” said Ms. Schwartz, who works in the idea, he noted, citing its “Made in Rhodesian Detroit” marketing push in recent marketing department at Ralph Lauren. “It’s very competitive.” ¶ Ms. Schwartz is just one of more Ridgebacks years.That’s all the more Ethan 2,700 hopefuls whose pooches will compete at the Westminster show in Manhattan Feb. 11 50 noteworthy because Mr. Berry’s stint working at Ford Motor Co. is and 12.The show, in its 137th year, is the second-longest continuously held sporting event in the part of the musical’s storyline. country (after the Kentucky Derby). It has become so popular that for the first time it will be held —theresa agovino in two venues—Madison Square Garden and the Piers (92 and 94)—to See DOG DAYS on Page 26 Source: Westminster Kennel Club istockphoto

February 4, 2013 | Crain’s New York Business | 25 SOURCE fessional musician, started showing dogs in 2009 as a hobby after own- LUNCH: Dog days in NY ing her first dog for six years. In RUTH MESSINGER 2011, Ms. Noble and her husband brought their Boston terrier, Will, by Theresa Agovino Continued from Page 25 swimming lessons for his beloved pet. to compete at Westminster. He make room for more dogs.For many “If someone had told me I’d be do- placed third out of 21 Boston terri- years, no more than 2,500 were al- ing this five years ago,I would say they ers. It so electrified Ms. Noble that lowed;this year,2,721 entries repre- are crazy,” said Mr. Moskowitz, she said she would never show him senting 187 breeds will prance whose Manhattan apartment and of- at Westminster again because a less- around the ring before the judges. fice are filled with Oscar’s photos and er result could erase that high. Jewish org shrinks The event will be shown live on medals.“But I took him once, and he the kennel club’s website and on won.When you win, you like going.” Promoting pooches CNBC Feb. 11 and USA Network Mr. Moskowitz hires handlers to “It was such an outstanding mo- for bigger impact Feb.12 at 8 p.m.each night. take Oscar into the ring at ment in our life, and I didn’t want to “We are more excited the shows because the dog have that memory of triumph taken than ever to share our show listens to them better. In away,”said Ms.Noble,who is show- ormer Manhattan Bor- tice. We need to be sure that the with exhibitors, spectators fact, in January, Oscar was ing a friend’s Boston terrier, ough President and City young people we take aren’t going to at the Piers and at the Gar- down in Florida with a Spritzer, at Westminster this year. Council member Ruth just change themselves but will have den, and people from all WINNING LOOK: handler getting ready for The world of dog shows isn’t for Messinger spent 20 years an impact on the world. We will over the world who will be Malachy, a Westminster. Oscar is too the faint of heart. “I’m a very posi- trying to improve the continue to take rabbis for obvious watching on television and Pekingese, was big to fly, so Mr. tive person, but it’s hard if you go lives of New Yorkers. Her mission reasons.They have an audience and last year’s Best in F online,” said Sean Mc- Show. Moskowitz drives him week after week after week and your has expanded since she left the gov- they can tell people what they have Carthy, president of the down to Florida and back dog isn’t getting the recognition ernment after losing her mayoral bid seen. They have been effective in Westminster Kennel Club. for training or pays a handler to do it. they deserve,” said Ms. Noble, who in 1997. moving our agenda. Dog shows have sometimes been A mini-celebrity, Oscar has his attends about 100 shows a year. “I The 72-year-old is the head of thought of as a pastime for wealthy own website and 75,000 fans on love showing my dog to other peo- the American Jewish World Serv- With so many international aid groups, and eccentric people—an impres- Facebook—the most of any canine, ple and bonding with my dog, but ice, an international development why do you need to increase your lobby- sion depicted in the hilarious 2000 according to Mr. Moskowitz. Peo- sometimes it’s hard to stay positive. organization that strives to end ing presence? film Best in Show, where the charac- ple ask for Oscar at shows, and Mr. The competition can wear on you.” poverty and support human rights. Think about the impact on Con- ters tended to look like their pets Moskowitz is hoping he gets a mod- It also isn’t cheap. Entering Under her leadership, its budget has gressman X if two rabbis say to him and cared more about winning a eling contract. He also is looking to Westminster costs just $75, but ballooned more than tenfold to $56 that it is a Jewish commandment to blue ribbon than about life itself. breed Oscar,keep the pick of the lit- most participants advertise heavily million as it funds local grassroots heal the world, and that motivates ter, and start showing Oscar’s son. in dog magazines to increase their organizations to work on causes my congregation to make sure you Celebrity status “I live in midtown Manhattan, so pooches’ chances of winning. from ending genocide in support this bill. We want But the hobby’s appeal has be- I could only probably have two large Ms. Schwartz spent $150 for an Sudan to rebuilding WHERE to add an additional level come broader. David Moskowitz, a dogs,”he said.“After that,you become ad in a Ridgebacks magazine, but Haiti. Now the nonprofit THEY of clout. I was in politics. 30-year-old executive at AIG Asset the strange guy with three dogs.” said others spend up to $200,000 a is implementing a new You need to throw clout Management, got his Greater Swiss New Yorkers’ passion for dogs is year to “campaign their dogs.” strategic plan to bolster DINED behind [the lobbying]. mountain dog, Oscar the Grouch, in nothing new, despite small apart- Ms. Noble said she has adver- its lobbying efforts, re- BARBES May 2010. Having never owned a ments and lack of yard space. But tised her dog in numerous publica- duce the number of coun- RESTAURANT Are all of your donors Jewish? dog, he told the breeder he wanted a the interest is growing.For the third tions. Last year, she put an ad in tries where it works to 19 19-21 E. 36th St. No.We are quite attractive (212) 684-0215 show dog, figuring it would be the straight year, New York represents Dogs Review every single month. from 32 and cut back on www.barbes to mixed relationships. It cutest. Soon he found himself at dog the greatest number of entries at “Any hobby costs money,” Ms. the number of trips it restaurantnyc.com is a Jewish organization shows nearly every weekend, spend- Westminster, with 287 dogs. Cali- Noble said.“We don’t go to the the- sponsors for volunteers to that works on non-Jewish ing thousands of dollars a year on fornia is second, with 228 entries. ater, don’t go to concerts.This is our work in developing coun- AMBIENCE: issues in the developing Ⅲ Warm sienna everything from travel to weekly Margaret Noble, a former pro- recreation.” tries. walls, subdued world.I know,at the high- lighting and er level, donors are com- Give me a pitch about why I brown-leather mitted to the way we work should donate to you. banquettes overseas. We work with create a cozy If it’s a cold call,I’d ask you environment for local groups.We don’t em- to tell me some more the Moroccan ploy an expensive Western about you.I’d say we are an fare. staff overseas. We fund organization that works work that a grantee has on long-term develop- WHAT THEY ATE: decided to do. Ⅲ Shared ment for marginalized hummus people in the world. We appetizer Why are you reducing the believe in long-term in- Ⅲ Goat cheese countries you work in? vestment. People say to omelet, two Diet We were too spread out. me it’s like: Give a man a Cokes We are not staying in CONGRATULATIONS TO fish and he eats for a day, Ⅲ Lamb countries where it’s too couscous, two but teach him to fish and iced teas, one dangerous, like Afghani- he can eat for life. We coffee stan. It is one of the few SAUL N. FRIEDMAN teach them to fish and countries I’ve never been then to make sure that no TAB: $75.60, to. We are not staying in OHEL Vice President and our 2013 Corporate Guest of Honor one comes along to dam including tip Pakistan or Zimbabwe. up the river. I will tell Some of it was just them stories.One of my favorite sto- thoughtful consolidation. We had ON THE 40TH ANNIVERSARY OF THE FOUNDING OF ries is about Leymah Gbowee [who slowly begun to expand in South won the 2011 Nobel Peace Prize for America and decided not to expand HIS ACCOUNTING AND FINANCIAL SERVICES FIRM helping end Liberia’s second civil there because it would be just anoth- war]. We were the only people who er huge area. SAUL N. FRIEDMAN COMPANY funded her for her first two years. CERTIFIED PUBLIC ACCOUNTANTS & 1973-2013 You did a lot of work in Haiti. Obviously, Why are you cutting back on the service we are a rich country, but are there les- trips that are closely associated with sons we can apply from there as New We wish him continued success and thank him for his 20 years your organization? York rebuilds after Sandy? of service and support for OHEL’s children and families. If we do fewer and pay more atten- We have to realize this is going to tion to who we take and what we do take a long time. We have to ask the with them when they return, we difficult questions. How do we pre- David Mandel, OHEL CEO have reason to believe [the volun- pare better for disasters in the future? Moshe Hellman, OHEL President teers] will be activists for global jus- What should we be building? Ⅲ Mel Zachter, OHEL Co-President INSIDE TIP: The restaurant is small, so To make a reservation or donation please visit www.ohelfamily.org/gala when it’s crowded the noise level is extraordinarily loud.

26 | Crain’s New York Business | February 4, 2013 OUT AND SNAPS NY Landmarks Conservancy kicks off anniversary year ABOUT by Emily Laermer and Miriam Kreinin Souccar

CULTURE FIX CAREER BUILDERS WEDNESDAY, FEBRUARY 6 MONDAY, FEBRUARY 4 Learn about “outsider mathematicians” at Find out how blogs can make MATH ENCOUNTERS: INGENIOUS MATHEMATICS, money at MONETIZING OUTSIDE THE a free discussion hosted by the new National BANNER: A FIRESIDE CHAT WITH Museum of Mathematics. Guest speakers GAWKER MEDIA’S ERIN PETTIGREW. Doris Schattschneider and Robert Fathauer The company’s executive director of will discuss how certain mathematicians have business development will discuss expanded our definition of infinity by monetization strategies and ways to thinking outside the box. The discussion is at combine content with commerce. 7 p.m. at the Baruch College Conference Doors open at 6:30 p.m. at Center, 55 Lexington Ave., at East 24th WeWork Lounge, 154 Grand St., at diane bondareff Street. For more information and to register, Lafayette Street. Tickets cost $10. ELIZABETH STRIBLING, GUY ROBINSON and PEG BREEN at the New visit www.mathencounters.org. For more information, visit York Landmarks Conservancy’s 40th Anniversary Celebration Kick-Off on wireimage/getty images Jan. 24. The reception was held at the Smithsonian National Museum of the Dr. OLIVER SACKS and HARVEY LICHTENSTEIN at the 2013 BAM www.blog.skimlinks.com. American Indian at Bowling Green, the first historic building the Theater Gala on Jan. 24. The evening raised $450,000 for the THURSDAY, FEBRUARY 7, conservancy helped save. Brooklyn Academy of Music. TO SUNDAY, FEBRUARY 10 THURSDAY, FEBRUARY 7 Celebrate artists of Meet some of the hottest venture the African diaspora capitalists and business angels at the at the HARLEM FINE showcase event REVERSE VENTURE ARTS SHOW. The FAIR. Each firm will have its own festival is a salute to nook with a cocktail party as a the late Percy E. backdrop. There will also be an Sutton, a Harlem optional pitching workshop at political, civil rights 2:30 p.m. Presenters include New and business leader. York Angels, StarVest Partners and Events include a Golden Seeds. The showcase is at celebration of 6 p.m. at Credit Suisse, 1 Madison Motown and a fine-art exhibition. All events Ave., at East 24th Street. Tickets are at Riverside Church, 91 Claremont Ave., are $420 for the event and pitching between West 121st and West 122nd streets. workshop, $150 for investors or Tickets are $20 per day or $50 for a weekend service providers, and $135 for pass. For more information or to purchase entrepreneurs looking to raise tickets, call (914) 980-4427 or visit capital. For more information, visit www.hfas.org. www.thesoholoft.com. patrickmcmullan.com DIANA and JOE DIMENNA at the first benefit DON’T MISS LOTS OF SHORT PLAYS party for the New-York Historical Society’s

MONDAY, FEBRUARY 4, buck ennis DiMenna Children’s History Museum on Jan. TO SUNDAY, FEBRUARY 24 STUART MATCH SUNA and LAWRENCE GRAHAM at Crain’s New York Business’ Breakfast 26. More than 700 families attended the event, Forum on midtown east rezoning on Jan. 29 at the Yale Club. which raised $250,000. Explore new shows at the THIRD ANNUAL MIDWINTER MADNESS SHORT PLAY FESTIVAL. Works range in length See more of this week’s Snaps online at CrainsNewYork.com/galleries. from 30 to 75 minutes and cover topics such as love, racism and space travel. The festival takes place at Roy Arias Studios’ Stage 2, 300 W. 43rd St., at Eighth Avenue. Tickets range from $13 to $18, depending on the play’s length. To buy tickets, call (212) 868-4444 or visit www.smarttix.com.

OPENING FUNDRAISERS THURSDAY, FEBRUARY 7 THURSDAY, FEBRUARY 7 Come see contemporary art, Join more than 700 young Jewish music, literature and film at the philanthropists at the UJA-Federation’s Whitney Museum’s BLUES FOR GENEROSITY SIGNATURE EVENT for an evening SMOKE. The exhibition will include of dancing and fundraising. The organization artwork by David Hammons, Zoe aims to inspire future philanthropists to create Leonard and Jean-Michel meaningful and lasting changes. The event Basquiat, along with the music of begins at 8:30 p.m. at Ajna Bar, 25 Little W. Convenient access to jazz, blues 12th St. Tickets are $240. To RSVP,visit major business hubs. and hip- www.ujafedny.org/generosity-signature-event. hop For more information, call (212) 836-1208 or Subways & Highways just legends. It email [email protected]. blocks away. runs through SATURDAY, FEBRUARY 9 COMMERCIAL UNITS April 28 at Reality stars will join forces during Fashion WITH FLEXIBLE SPACE. 945 Week to raise awareness at THE REALITY OF Madison FASHION, THE REALITY OF AIDS. The goal of the PREBUILT/BUILT TO SUIT Ave. The evening is to raise more than $300,000 for www.bushterminal.com museum is AIDS United. Participants include Lil’ Kim of open Wednesdays, Thursdays, Dancing With the Stars and Janice Dickinson Saturdays and Sundays from 11 and Brittany Brower of America’s Next Top a.m. to 6 p.m. and Fridays from 1 Model. The program is at 7:30 p.m. at the www.bushterminal.com p.m. to 9 p.m. Admission is $18 for Altman Building, 135 W. 18th St., between WHERE BUSINESS LIVES adults, $14 for 19- to 25-year-olds Sixth and Seventh avenues. Tickets are $200. and seniors, and free for those 18 For more information and to purchase tickets, and under. Visit www.whitney.org. visit www.realityontherunway.com. Industrial, Offi ce, Creative, Warehouse/Distribution, MARK YOUR CALENDAR … Manufacturing, Retail, FRIDAY, FEBRUARY 22, TO SUNDAY, MARCH 3 and Technology. LEARN ABOUT BREWERIES at the FIFTH ANNUAL NEW YORK CITY BEER WEEK, a celebration that will bring together craft breweries, nationally renowned breweries and beer destinations. Events include an opening-night party, a Brewers Choice event and 866.361.0769 [email protected] 882 Third Avenue, Brooklyn the Seventh Annual Williamsburg Cask Beer Festival. For more information, including ticket prices and locations, visit www.newyorkcitybrewersguild.com.

February 4, 2013 | Crain’s New York Business | 27 Hello Tomorrow

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