No More Miles of Aisles Do Realty Trust, General Growth Media Division to the Properties and Thor Equities
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CNYB 05-26-08 A 1 5/23/2008 6:45 PM Page 1 TOP STORIES Political He-man programs overkill proliferate on on cable cable networks —Valerie Block on media ® PAGE 2 Page 13 Plaza to replace cumbersome seats in ritzy Palm Court VOL. XXIV, NO. 21 WWW.CRAINSNEWYORK.COM MAY 26-JUNE 1, 2008 PRICE: $3.00 NEW YORK, NEW YORK, P. 6 Quinn for mayor? The challenges Airline woes threaten Queens she must face it was a year ago and briefly hit $135 60,000 jobs in borough depend on airports; a barrel last week. EDITORIAL, PAGE 12 hotels, restaurants already feel the sting The U.S. airline industry is ex- pected to lose $7.2 billion this year, Naming the cutback in flights and signifi- according to Jamie Baker, an ana- BY HILARY POTKEWITZ cant layoffs. Meanwhile, the bor- lyst at J.P.Morgan Chase & Co. winners, losers ough’s second-largest employer, Queens, which is home to both in Fossella scandal while all eyes are fixed on Wall JetBlue Airways, has been scaling John F. Kennedy International INSIDER, PAGE 14 Street, the woes afflicting the air- back growth, often citing fuel and La Guardia airports, is wide- line industry foretell another eco- costs. ly believed to have more than nomic problem—in Queens. The moves come as the entire 60,000 jobs both directly and in- Last week, the borough’s airline industry is scrambling to directly related to aviation. When BUSINESS LIVES largest employer, American Air- survive amid escalating fuel prices. the airlines go into a tailspin, the Housekeepers lines, announced plans for a sharp The price of oil is 89% higher than See AIRLINE on Page 7 lindström bekka reciting Shakespeare? City ready PAGE 35 to choose E.125th developer Will select builder before rezoning; AT DEADLINE financing a concern FUSE, CABLEVISION SYSTEM CORP.’S MUSIC CHANNEL, IS BY THERESA AGOVINO NELSON EUSEBIO of the expected to launch a $15 National Supermarket million ad campaign this week Association, which has fresh from the rezoning of as part of its re-branding seen a quarter of its most of 125th Street, the city is effort.The Brooklyn Brothers, members shift their focus preparing to select a developer for a Manhattan-based boutique away from New York. a project on the eastern edge of the ad agency, worked on the neff david planned revitalization of Harlem’s campaign, which includes storied thoroughfare. A decision is print and television spots.The BAGGING IT expected by the end of the summer. MTV rival has been going Real estate sources tell Crain’s through a programming that the three companies vying for overhaul since it was moved the roughly six-acre site are Vorna- from Cablevision’s Rainbow No more miles of aisles do Realty Trust, General Growth Media division to the Properties and Thor Equities. Madison Square Garden unit Thor confirmed its interest. The last year. Fuse plans to launch a In the past five years, about 100 possible,” says Eligio Peña, who others declined to comment. roster of new music-related Supermarkets flee grocery store owners have either closed the last of his six Associated The East 125th Street Devel- shows later this year. city’s high costs; left the city entirely or focused supermarkets here in 2000 after 30 opment calls for the creation of a their expansion efforts outside the years in business. Today he co- 1.7 million-square-foot complex, USING SKYPE AND E-MAIL, A poor neighborhoods Big Apple. In response to recent owns 26 Compare Foods markets which will include a retail compo- MANHATTAN PSYCHIATRIST reports detailing the situation, a in the Carolinas. nent anchored by a national chain, who heads the nonprofit hit especially hard special commission is now strug- Mr. Peña’s complaint and his plus local shops, restaurants, cine- China American gling to come up with recommen- response are common. The Na- mas, nightclubs and possibly a ho- Psychoanalytic Alliance is BY LISA FICKENSCHER dations that might help turn the tional Supermarket Association, a tel.It will also have offices and spe- coordinating the training of tide. The experiences of many of Queens-based group that repre- cialized space for nonprofits. The mental health workers in anyone who wants to know why the grocers leaving town show, sents independent chains includ- plan also envisions up to 1,000 China to help survivors of the the number of supermarkets in the however, that it won’t be easy. ing Associated, Key Food, Pioneer apartments, with at least 30% of See AT DEADLINE on Page 2 city is rapidly declining only needs “The cost of operating super- and C-Town,reports that a quarter the units reserved for low-income to ask the people who own them. markets in New York City was im- See SUPERMARKETS on Page 7 residents. The city is in the midst of rezon- ing the eastern portion, whose de- 21 5 velopment will bring much-needed INSIDE: THE CRAIN’S 250 jobs and services to the area, com- munity leaders say. Construction NEW YORK’S TOP PUBLICLY could begin by the end of 2009. ELECTRONIC EDITION “Whatever they build on that HELD FIRMS PAGE 20 site will be a plus for the neighbor- NEWSPAPER See CHOICE on Page 7 71486 01068 0 CNYB 05-26-08 A 2 5/23/2008 5:53 PM Page 1 AT DEADLINE Continued from Page 1 The fair will spread to Pier 92, recent earthquake. Dr. Elise giving it an additional 30,000 Snyder is helping coordinate square feet of exhibition space efforts by connecting Chinese that can accommodate around professionals with those who 70 new exhibitors. Currently, can provide help; American the fair is housed in Pier 94, a Psychiatric Association and 75,000-square-foot space that other disaster relief groups are holds 160 exhibitors. Next year’s providing the actual training. show begins March 5. A PRESIDENTIAL CAMPAIGN CONTRACT TALKS BETWEEN THE BOOSTED RATINGS FOR A UNION THAT REPRESENTS 1,500 local newscast in the May private security guards and the sweeps, but it wasn’t the Realty Advisory Board will campaign the rest of the country resume Tuesday, after significant is focused on. Coverage of the progress on economic issues was May 16 election in the made at a bargaining session late Dominican Republic pushed last week. Wages have been the Spanish-language station main sticking point, with SEIU WXTV-Univision 41 into Local 32BJ demanding second place for the latest increases to cover the rising cost ratings period, according to of living in the city.The two Nielsen Media Research. Local sides have extended the current news leader WABC Channel 7 contract, which expired earlier SWEET SPOT: truTV’s came in first, but only by a hair. this year. programs offer a way Among viewers 18 to 49 years to reach a coveted old, WXTV drew an average of FISHS EDDY HAS INKED A DEAL demographic, says 124,000 for its 6 p.m. newscast, WITH BRITISH CHINA MAKER Marc Juris. just 9,000 behind Channel 7’s. Wedgwood for a collection that the dishware purveyor will sell buck ennis MICHELLE SIMON HAS BEEN to hotels, restaurants and retail NAMED DEAN OF PACE customers.The durable fine- University’s law school, the first china line will target midpriced time the school has chosen a sit-down restaurants, says Julie dean from within the faculty. Gaines, owner of Fishs Eddy. Ms. Simon, a member of the “In this economy, the middle- Watching men at work faculty since 1985, has been of-the-road restaurants are serving as interim dean since having a rebirth,” she says. June of last year. Cable nets fight with each other for male viewers THE HUDSON RIVER PARK THE ARMORY SHOW, THE TRUST BOARD IS SLATED TO BY MATTHEW FLAMM LARGEST ART FAIR IN NEW YORK meet on Thursday to authorize City, is expanding its size and contracts for businesses that on the discovery channel, there’s Deadliest Catch, about Alaskan crab fishermen braving broadening its scope to include provide services to the park.The brutal seas. On the History channel, Ice Road Truckers and Ax Men show other ways manly men modern as well as contemporary agenda doesn’t include a can get killed making a living. And in June, truTV will start running Black Gold, about very art.The move will help the 10- discussion about Pier 40. By the year-old fair better compete end of June, the trust is supposed grimy Texas oil riggers. with Art Basel, widely to receive a development The shows are an alternative to the scripted programming on the broadcast networks. But considered to be the most proposal for Pier 40 from a the growing number of tough-job shows on cable television is also a sign of the gold to be important art fair in the world, nonprofit organization and a mined among male viewers, as well as the need to stand out in a crowded and competitive which shows both types of art. camp operator. environment. Discovery, History and truTV—formerly Court TV—are all using these programs to add to their core audiences and offer advertisers a male-skewing alternative to sports. THIS WEEK IN CRAIN’S “Men are hard to reach,” says Gary Lico, president of research firm CableU and a program supplier to cable networks. “So when you find something that does attract men, particularly WEEK IN REVIEW -----------------------10 37 See HE-MAN PROGRAMS on Page 8 NEIGHBORHOOD JOURNAL------------------------------------------11 VALERIE BLOCK ---------------------------13 THE INSIDER------------------------------------14 Food Bank going hungry SMALL BUSINESS ------------------- 16 REPORT: pantries,” says Carlos Rodriguez, worse, says Mr.