Crain's New York Business back issues from October 2002:
A competition to raise taxes.(New York Mayor Bloomberg faces $5 bn budget deficit)(Government Activity)(Brief Article)
Oct 07, 2002 ... Mayor Bloomberg spent last week preparing New Yorkers for something he regards as inevitable-the first significant increase in city taxes in more than a decade. He put it this way: People who think the city can close a $5 billion budget deficit without more revenue don't know what they are ...
the best of bob lape.(NYC restaurant reviews)(Advertising)(Brief Article)(Review)
Oct 07, 2002 ... Noche (2) 1604 Broadway (at West 49th Street), Manhattan. (212) 541-7070. Latin-flavored food, drink and music unfold in the unique, vivid, layer cake of hospitality space originally created for David Copperfield. Guests on four floors enjoy the extravaganza, completed by a ...
Firms take 9/11 claims to court; File lawsuits against insurers over lost income, extra expenses.(New York businesses have huge economic losses after World Trade Center attack)(Legal Beat)(Brief Article)
Oct 07, 2002; ... Byline: lisa fickenscher Fed up with their insurance companies, a growing number of New York businesses that suffered economic losses as a result of Sept. 11 are turning to the courts. While most of the attention so far has been focused on the headline-grabbing $7 ...
Campus life is brought to Brooklyn development; Colleges contribute to downtown revival with expansion, amenity improvement.(Real Estate)(Brief Article)
Oct 07, 2002; ... Byline: lore croghan There are more students attending college in downtown Brooklyn than in Cambridge, Mass., Harvard's home. But even the biggest boosters of the borough wouldn't call its central business district a real college town. The neighborhood's seven ...
Winstar finds second life better; Out of bankruptcy and free of debt, downsized telco taps back into area.(News)(Brief Article)
Oct 07, 2002; ... Byline: tom fredrickson After spurning sales pitches from Winstar for a year, Roman Thacker finally had a change of heart. In July, the managing director for the Manhattan office of Thomas Fletcher & Co. signed an annual contract worth $80,000 with the telecom carrier, which ...
Nonprofit salaries soar, but criticism grows, too; 2001 pay shows 7.5% median increase.(News)(Brief Article)
Oct 07, 2002; ... Byline: miriam kreinin souccar Ticket income was down 9% at the Metropolitan Opera last year. The Metropolitan Museum of Art has a $6 million deficit. And the stock market rout has taken its toll on foundation and nonprofit endowments across the city. But the bad ...
Third Ave. furnishes a home for retailer; Door Store finds place for flagship; buyer sought for SoHo office building.(Real Estate)(Brief Article)
Oct 07, 2002; ... Byline: lore croghan The door store is build-ing a new Manhattan flagship in the middle of Furniture Central. The retailer rented 6,000 square feet at 969 Third Ave., on the southeast corner of East 58th Street. Broker Candice Dobbs suggested the space to ...
Holocaust flashbacks; Survivors' anxiety grows as anti-Semitism rises.(News)(Brief Article)
Oct 07, 2002; ... Byline: samantha marshall Chana Wiesenfeld used to exchange recipes for borscht and brag about her three grandchildren at monthly meetings with fellow Holocaust survivors in Rego Park, Queens. Now, she talks about the suicide bombings in Israel, the specter of ...
Last-minute ticket buyers fill seats, rattle nerves; Broadway, arts groups see advances fall, marketing costs rise; cushions lost.(News)(Brief Article)
Oct 07, 2002; ... Byline: miriam kreinin souccar When Rita Vasquez tried to buy tickets for The Lion King in July, she was given the usual script: It was sold out-unless she was interested in the rear mezzanine, two months later, for $125 a ticket. But at the end of August, she heard ...
At Deadline.(Late News)(Brief Article)
Oct 07, 2002 ... Curtain opens on nonprofit theater in a sign that off-broadway's prospects are improving, veteran theater executive Leslie L. Smith is starting a nonprofit theater company. The new company, Revelation Theater, is building its own 155-seat theater in a garage on West 39th Street ...
Tourism's Iraq battle; Looming war doesn't seem to concern some restaurateurs and hoteliers; experts think they better start worrying.(News)(Brief Article)
Oct 07, 2002; ... Byline: louise kramer As Congress moves toward giving President George W. Bush power to attack Iraq, the city's hard-hit tourism industry is bracing for a 10% to 12% drop in business, much of which will come from the already-depressed international market. ...
Crain's offers health news on its site; updates.(News)(Brief Article)
Oct 07, 2002 ... Crainsny.com covers breaking health care news all day long. Just visit our Web site, www.crainsny.com, or sign up for our free health care news alert. Our ``Health Care'' section also offers regularly updated statistics on preferred provider organizations, health maintenance ...
Pause to remember the dead before rushing into a war.(Viewpoint)(Brief Article)
Oct 07, 2002; ... Byline: James Brady As we stumble toward yet another Asian war, I recall an earlier October. It was 1951 and I was home on leave from the Marine Corps. At the Polo Grounds, Bobby Thomson was hitting the home run, An American in Paris was on at Radio City and I took a ...
Franchise bug bites techies; Rather than pound the pavement, pros start fix-it shops for home computers.(News)(Brief Article)
Oct 07, 2002; ... Byline: judith messina Last spring, when Margaret Szabo was laid off from her job at a major brokerage firm in Manhattan, she thought about starting her own business. She'd worked in tech departments, handling voice communications and e-mail services, but having been in a ...
Port strike waves reach NY; Goods arriving late, Christmas stocks imperiled.(News)(Brief Article)(Statistical Data Included)
Oct 07, 2002; ... Byline: catherine curan and tom fredrickson The strike against West Coast ports is already delaying the arrival of goods in the New York area and threatens the delivery of merchandise needed for the Christmas selling season. Slowdowns and other problems associated ...
The steakhouse wars range into NJ; Morton's opens Hackensack outpost with its oversized dishes, but iffy service.(Dining/Restaurant Review)(Brief Article)
Oct 07, 2002; ... Byline: bob lape The steakhouse wars are finally joined across the Hudson. Morton's of Chicago's first New Jersey restaurant, in Hackensack's posh Riverside Square Mall, offers real competition for River Palm Terrace's three locations. Until Morton's debut last month, the most ...
Can Medicare PPO plans cure insurers' chronic ills? Pilot program offers alternative to Medicare HMOs; seniors may be wary.(News)(Brief Article)
Oct 07, 2002; ... Byline: mary sisson Horizon Blue Cross Blue Shield of New Jersey was about to pull the plug. The Newark-based insurer offers health maintenance organization plans for Medicare recipients throughout the state. But government reimbursements were not keeping pace with ...
Responding to culture shock.(NYC arts organizations and cultural institutions)(Brief Article)
Oct 07, 2002; ... Byline: Alair Townsend Kate Levin offerS an interesting perspective on the challenges of running performing arts organizations and cultural institutions. They are, she says, the only organizations she knows that must annually reinvent and rebuild both their programming and their ...
Government Alert: State antes up for downtown biotechs; Assembly approves $5 million toward space conversions; NFIB taps Pataki.(Briefs)(Brief Article)
Oct 07, 2002 ... A public-private initiative aimed at turning lower Manhattan into a biotechnology center received its first commitment of public funds-a $5 million grant from the state Assembly. The Lower Manhattan Bioscience Project, a collaborative effort by the New York City Partnership, ...
Pataki signs tough bill on predatory lending; Guv rebuffs efforts to weaken measure or make it pre-empt NYC proposals.(News Governor George Pataki)(Brief Article)
Oct 07, 2002; ... Byline: philip lentz Gov. George Pataki has signed an anti-predatory lending measure pushed strongly by consumer advocates, most notably, the AARP senior citizen lobbying group. The bill expands prosecution of predatory lenders-for the first time, the attorney ...
Executive Moves.(KPMG, DraftWorldwide promotions)(International Pages)(Brief Article)
Oct 07, 2002; ... Byline: joao h. rodrigues ACCOUNTING & CONSULTING Anchin Block & Anchin: Jeffrey M. Palley, 38, was promoted to partner. He was formerly director of tax services. Frederick Ackerman, 36, was promoted to director of accounting and consulting services. He ...
New Executive: Keen sense for fragrances; Chief of merged company planning to launch products in tough climate.(Cosmopolitan Cosmetics' new president and chief executive officer)(Brief Article)
Oct 07, 2002; ... Byline: catherine curan Donald loftus got serious about a career in the fragrance business 30 years ago because of two unlikely influences: a pot of chicken soup and a padlock. Speaking about a summer he spent pursuing acting in Manhattan in the early 1970s, the new ...
Brooklyn bank lends itself to investing in minorities; Community Capital reaches underserved.(Reinvesting in underserved communities' small businesses)(Brief Article)
Oct 07, 2002; ... Byline: erika rasmusson After 18 years as a consultant at IBM, Eldwin Brown decided the time had come to work not only for himself, but in his own neighborhood. With his eldest brother, he drafted a business plan for a new Laundromat. Next, he bought and renovated a ...
Schools chancellor to discuss plans at Crain's forum.(New York City's public school system)(Brief Article)
Oct 07, 2002 ... The new chancellor of the new york city school system, Joel I. Klein, will outline his plans at the next Crain's New York Business breakfast forum, on Wednesday, Oct. 16. The forum will be held at a new location, Essex House, at 160 Central Park South between Sixth and Seventh ...
New York, New York.(Clear Channel Communications Inc. cuts general manager position at New York radio stations)(Brief Article)
Oct 07, 2002; ... Byline: edited by Emily DeNitto TKO for GMs in Local Radio? With the ouster last month of Scott Elberg, former general manager of WKTU-FM and WHTZ-FM, Clear Channel Communications Inc. has effectively eliminated the GM position at its five New York radio stations ....
correction.(Manhattan law firms)(Brief Article)(Correction Notice)
Oct 07, 2002 ... Three law firms that leased space in the Lincoln Building, 60 E. 42nd St., should have been included in CoStar Group Inc.'s Sept. 23 list of law firms taking space in ...
SBA chops cap on loans; firms lose financing; Lenders also at risk as popular program is cut.(U.S. Small Business Administration cuts loan guarantee size)(Government Activity)(Brief Article)(Statistical Data Included)
Oct 07, 2002; ... Byline: heike wipperfurth The U.S. Small Business Administration last week slashed the maximum size of the most popular loans it guarantees by 75%, to $500,000, in a drastic and hastily orchestrated move that could have a significant impact on area companies. The ...
News is the news at local TV stations; More newscasts added to rake in higher ad rates, despite low ratings.(News)(Brief Article)
Oct 07, 2002; ... Byline: valerie block Len Cannon stands before a large camera in Fox-5's newly wired newsroom. In front of a horseshoe-shaped bank of desks, where producers stare intently at their computer screens, the anchorman breathlessly relays a breaking news bite. It's about ...
Lowe's homes in on Home Depot; Retailer hammers out NY expansion; chief rival may throw in wrench.(News)(Brief Article)(Statistical Data Included)
Oct 07, 2002; ... Byline: catherine curan Lowe's Cos. clearly thinks there's plenty of room in New York. The nation's No. 2 home-improvement retailer has already targeted 21 sites toward its goal of 60 new metro area stores by 2007. But the $22.1 billion chain faces at least one major ...
Laying down law at Mount Sinai; New managers face long fight to reduce big losses, overcome transplant scandal.(Mount Sinai Medical Center reports $34 mn loss)(Brief Article)
Oct 07, 2002; ... Byline: mary sisson It's easy for Dr. Jonathan Bromberg to see one of the changes at Mount Sinai Medical Center since new administrators came on board. ``The place is a lot cleaner,'' notes the new head of Mount Sinai Hospital's transplant programs. The ...
Stock Watch: 4Kids Entertainment sheds one-hit wonder tag; Yu-Gi-Oh follow-up to Pokemon; inks Fox Television development deal.(New Japanese toy fad)(Brief Article)
Oct 07, 2002; ... Byline: lisa fickenscher The craze for everything Pokemon may be on a fast fade, but the company that introduced the fad to American kids in 1999 is anything but passe. 4Kids Entertainment Inc. is shaking its one-hit wonder image with a new red-hot character called ...
McCall to reform NY budget; Leaves tax door open.(New York gubernatorial candidate H. Carl McCall)(Brief Article)
Oct 07, 2002 ... Democratic gubernatorial candidate H. Carl McCall last week outlined a plan to reform the state budget process to end current practices that have led to late budgets 17 years in a row. Speaking to a Crain's New York Business breakfast forum, Mr. McCall said the start of the ...
Winning pitcher; Wolf agency soars on 9/11 work, NY-focused ads.(Wolf Group New York)
Oct 14, 2002; ... Byline: louise kramer A year ago, Mike Rogers faced one of the toughest assignments of his career. He was asked to produce a one-minute television spot in a matter of days that would tell New York and the nation that the city was functioning again after the terrorist attack. ...
Warnaco seeks new ensemble as it sheds bankruptcy weight; Looks for top execs; Apollo wants leader to oversee growth.
Oct 14, 2002; ... Byline: miriam kreinin souccar The retail industry is buzzing over who will take the helm of embattled clothing giant Warnaco Group Inc. when it emerges from Chapter 11 bankruptcy in January. Insiders say there will be heavy competition for the chief executive ...
Who's hot when city's not.(Viewpoint)
Oct 14, 2002; ... Byline: Greg David I wish I were a local television news reporter whose work Dennis Swanson admired. I wish I were a real estate broker with clients Mary Ann Tighe wanted at her new firm. Instead, I am a business journalist with little interest in and few ...
Off-Broadway stages a revival; After slump, celebrity stars, serious topics bring big audiences to downtown theaters.(News)
Oct 14, 2002; ... Byline: miriam kreinin souccar Tickets for the off-Broadway hit Burn This are sold out. The Public Theater's first show of the season, Take Me Out, is already slated for a commercial run on Broadway early next year. At the MCC Theater, subscriptions have more than doubled since ...
Nielsen finds nook at VNU; Media ratings firm finally joins sisters in East Village as J. Crew sheds space.(News)
Oct 14, 2002; ... Byline: lore croghan Nielsen Media Research is moving to the East Village, the last of VNU Inc.'s holdings to head for the conglomerate's U.S. headquarters building. VNU trade publications such as Billboard and Hollywood Reporter had previously relocated to 770 ...
Executive Moves.(Profiles)
Oct 14, 2002; ... Byline: joao h. rodrigues ADVERTISING & COMMUNICATIONS DDB New York: Christopher Miles, 37, joined as worldwide group account director on the Hershey Foods account. He was formerly a senior vice president, global account director, on Delta Air Lines at Leo Burnett ...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
Oct 14, 2002; ... Byline: sigrid masson this week's events October 16. DataVox Technologies holds seminar on capitalizing on your wide area network investment. 8:30 AM to 12 noon, 115 Broadway, 17th floor. Free. (212) 301-4300. OCTOBER 16. Crain's New York Business holds ...
New loan program to fill SBA void; Officials to unveil $50 million fund for downtown firms with no collateral.(Small Business Administration)
Oct 14, 2002; ... Byline: lisa fickenscher and heike wipperfurth A new loan program to help downtown businesses, especially those rejected by the Small Business Administration, could be announced by officials as early as this week. The Empire State Development Corp. and the New York ...
McCall ripple effect; Weakness could hurt Hevesi, help Liberal Party.(H. Carl McCall's influence on state comptroller campaign)(Brief Article)
Oct 14, 2002; ... Byline: philip lentz Democrats are increasingly nervous that H. Carl McCall's troubles could hurt Alan Hevesi's campaign for state comptroller. ``There are serious concerns that McCall's weakness would lead to a loss for Hevesi,'' says one Democratic insider. Adds a ...
Reprints from Crain's.(Crain's New York Business)(Brief Article)
Oct 14, 2002 ... Crain's new york business offers reprints of the articles it publishes. The reprints can include black-and-white or color photos that accompany the story. To obtain an estimate of the price and the turnaround time for a reprint, please contact Erica Montgomery at Reprint Management ...
Stock Watch: Flavor company's nose for earnings fuels rise; Lucrative purchase, modest sales gains boost IFF's price; difficult to grow.(Stocks)
Oct 14, 2002; ... Byline: tom fredrickson With many investors picking stocks these days by using the ``smell test,'' International Flavors & Fragrances Inc. is passing with flying colors. The share price of the Manhattan-based company, which formulates the ingredients that give the ...
Designer's best creation was fabric of his own life.(Viewpoint)
Oct 14, 2002; ... Byline: James Brady It wasn't easy hanging with John Weitz. He was always taller, better-looking, more urbane and certainly better dressed than you were. This extraordinary man, whose life read as if it were created by Eric Ambler, died of cancer Oct. 3 at his home in ...
Wall St.-bound grads land in school of hard knocks; Even top students can't find jobs; autumn brings cooler expectations.
Oct 14, 2002; ... Byline: tom fredrickson Alexis surovov recently posed a question to his mother. ``How would you feel,'' he asked, ``if in January I am still living at home and still don't have a job?'' For the first time, the June 2002 Yale University graduate seemed to accept the ...
Telling Tales.(Special Report: Small Business)(Escapemakers.com)
Oct 14, 2002; ... Byline: Lisa Goff Necessity drives public transit getaway service Yearning to escape the city, but lacking a car or the money to rent one, in 1999 Caylin Sanders turned to the Internet for tips on vacationing via public transportation. Finding nothing, she called ...
The Art of Success; Artists and landlords find common ground in Long Island City in pursuit of differing goals; big question is whether painters will be priced out.(Special Report: Small Business)
Oct 14, 2002; ... Byline: Cara S. Trager In his paint-spattered shirt, pants and shoes, Zoran Crnkovic certainly looks like an artist. But in the year since he moved into his studio in Long Island City, Queens, he has shown himself to be something else as well: a tireless entrepreneur. ...
Raising credit union's rating; Chief takes bold steps to build Bronx's Bethex.(Special Report: Small Business)(Joy Cousminer of Bethex Federal Credit Union)
Oct 14, 2002; ... Byline: chris sandlund Joy Cousminer, Bethex Federal Credit Union founder and chief executive, is not one to question good fortune. When word reached her a few years ago that a welfare mother had deposited $2,500 won on a lucky bet on the numbers rackets, Ms. Cousminer didn't ...
Government Alert: Up ahead: clash over downtown transit.(Briefs; mass transit priorities in Manhattan, New York, New York)
Oct 14, 2002 ... Express subway, LIRR link are key issues; new law may fuel auto suits The outlines of a big battle over mass transit priorities in lower Manhattan are beginning to emerge. The key fight is over a plan, backed by real estate and downtown business interests, to create an express ...
At Deadline.(Late News)
Oct 14, 2002 ... Pro-smoking lobby seeks new allies bars and restaurants opposed to Mayor Michael Bloomberg's smoking ban proposal are trying to rally local community boards to their cause. The New York Nightlife Association, which represents local clubs, is asking community boards to oppose the ...
It's high-cost NYC versus SF sprawl; Contest for U.S. Olympic nod too close to call.(News; New York City versus San Francisco, California for 2012 Olympics)
Oct 14, 2002; ... Byline: philip lentz The contest to become the United States nominee for the 2012 Olympics is pitting the high cost of New York City's bid against the logistically sprawling plan proposed by San Francisco. The 123-member United States Olympic Committee will decide ...
Women losing out in Wall St. downsizing; 20% job drop, top execs disappearing.(News)
Oct 14, 2002; ... Byline: stephen gandel Wall Street's glass ceiling is getting thicker. The number of women working in the securities industry in New York City has fallen more than 20% in the past two years, to an estimated 60,000 from more than 77,000. That decrease, which compares ...
Teaching MTA about fare play.(Viewpoint)(Metropolitan Transportation Authority)
Oct 14, 2002 ... By the end of the year, the Metropolitan Transportation Authority will decide to raise the fares for subway, commuter rail lines and buses for the first time since 1995. The fare hike can't be derailed. But there is a better way to manage the MTA. For most of the past seven ...
New York, New York.(News)
Oct 14, 2002; ... Byline: edited by Emily DeNitto Executive Orders Culinary superstar Jean-Georges Vongerichten is adding a new ingredient to his growing empire of New York restaurants: business savvy. The chef, noted for such eateries as Jean Georges, Jo Jo and The Mercer ...
Essence plans new titles as Time alliance bears fruit; Teen, fashion projects under way 2 years after link with larger firm.(Essence Communications Partners )
Oct 14, 2002; ... Byline: valerie block Two years after entering a partnership with Time Inc., Essence Communications Partners is finally beginning the major expansion it had envisioned, with a supplement for African-American teen-agers coming in December and a fashion magazine for women of color ...
Schools chancellor's plans; Crain's breakfast forum, oct. 16.(News)
Oct 14, 2002 ... The new chancellor of the new York City school system, Joel I. Klein, will outline his plans at the next Crain's New York Business breakfast forum, on Wednesday, Oct. 16. The forum will be held at a new location, Essex House, at 160 Central Park South between Sixth and Seventh ...
Nonprofit supports Harlem property; Lifespire signs up for Gotham Plaza; ad agency makes pitch for space.
Oct 14, 2002; ... Byline: lore croghan The harlem development that lost Black Entertainment Television as a tenant has rented the office space BET was to occupy to a nonprofit. Lifespire signed a 20-year lease for 30,000 square feet at Gotham Plaza, Blumenfeld Development Group's ...
Seaworthy craft is abundant at RM; One of most exciting new dining spots.(Restaurant Review)
Oct 14, 2002; ... Byline: bob lape Rick moonen always speaks with passion and clarity. His cooking does, too. He has left blaze marks on the good-taste trail from La C"te Basque to Le Cirque, from The Water Club to Oceana, and now at his own impressive showcase for fine seafood, RM. ...
Host businesses sought for high school groups; exploring careers.(News)(Greater New York Councils exploring program)(Brief Article)
Oct 14, 2002 ... The greater new york councils exploring program is seeking businesses to host educational sessions offering high school students the opportunity to explore various industries and make better decisions about possible career choices. The Exploring program puts together groups of ...
Harlem's hospital for blacks opens door to Latinos; Money-losing N. General needs patients.(News)(North General Hospital)
Oct 14, 2002; ... Byline: samantha marshall North General Hospital was just a couple of blocks away from Lydia Rodriguez's East Harlem apartment. But the leukemia patient never considered going there until three months ago, when she passed by and saw the new signs in Spanish. ``I was ...
Residential plans perk up Park South; Conversions a draw in weak market.(News)
Oct 14, 2002; ... Byline: lore croghan As the office market on Park Avenue South languishes, residential conversions are beginning. Developers are chasing properties such as the United Federation of Teachers' headquarters, for which the highest bidders in a recent sale were all ...
Software developers retool efforts; Firms catering to Wall Street boost marketing, tweak offerings, slash staff.(News)(changes due to downturn in technology spending)
Oct 14, 2002; ... Byline: judith messina Back in the heady days of 2000, the last thing Citigate Hudson Inc. thought it needed was dedicated salespeople. The software developer had plenty of business flowing in. Two years later, the flood has ebbed. The Manhattan-based firm has had to ...
East Side grabs attention in downtown's recovery; Offers distance from WTC, lower rents.(Real Estate)
Oct 14, 2002; ... Byline: lisa fickenscher If there is a silver lining downtown, it's beginning to take shape east of Broadway and south of Chambers Street. Cost-conscious companies are scouring all of lower Manhattan for real estate bargains, but the financial district east of ...
Bankruptcy saves electric firm; Paralyzed by family feuding, company uses restructuring to return to growth.(Special Report: Small Business)
Oct 14, 2002; ... Byline: laurie joan aron Once, Metropolitan Electric Mfg. Co. had a factory in Long Island City, Queens, that took up an entire city block, and a reputation as the nation's leading maker of the electrical switchboards found in the basements of buildings large and small. ...
New Executive: Business of diplomacy; U.K. foreign service vet invites firms to set up shop in Britain.(Profiles)(Invest UK's Helen Gates )
Oct 14, 2002; ... Byline: tom fredrickson Not too many years ago, rising stars of the British foreign service couldn't give a farthing about the commercial side of diplomacy. Today, young diplomats like Helen Gates, newly appointed head of the New York regional office of Invest UK and ...