Crain's New York Business back issues from July 2005:
The Weeks Ahead.(Calendar/Datebook)(Calendar)
Jul 04, 2005; ... Byline: adrianne pasquarelli This week's events July 6 The New York Society of Security Analysts holds course on how to analyze a 10K. 1:00 p.m. to 4:30 p.m., American Management Association, 1601 Broadway. Fee: $195 members, $245 nonmembers. (212) ...
City urged to consider 2016 bid; Supporters outline backup plan if 2012 effort fails; tactic has worked in past.(News)
Jul 04, 2005 ... Byline: Anne Michaud With a final decision looming this week on the 2012 Summer Olympics, business leaders and politicians are already looking ahead to 2016 and talking up the city's chances for another attempt. London and Paris are the favorites going into ...
COSTAR SEEKS LEASING DATA.(Real Estate)(CoStar Group Inc.)(Brief Article)
Jul 04, 2005 ... CoStar Group Inc. is compiling information for its list of the largest office leasing deals in Manhattan in the first half of 2005, to be published in Crain's New York Business on Aug. 1. ...
Umbrella shop opening on East Side; Follows success of downtown store; YWCA leases in Hell's Kitchen.(Real Estate)
Jul 04, 2005; ... Byline: Elisabeth Butler David kreitman wants New Yorkers to toss out their $8 black umbrellas and buy an upgrade. Following up on the success of the umbrella department at his NoLIta accessories store, BrellaBar, Mr. Kreitman is opening a freestanding umbrella shop ...
what goes up must come down ... maybe.(2005 Market Facts)(real estate market )(Brief Article)
Jul 04, 2005 ... It has become a favorite New York parlor game: Is the real estate market about to tumble, or does more growth lie ahead? It's all guesswork. But there's no question that the market is hot now. Rents for retail locations and primary office ...
New york's bar hopping with business cases.(2005 Market Facts)(Bankruptcy cases and contract cases)(Brief Article)
Jul 04, 2005 ... There's no shortage of work for the bar. Bankruptcy cases filed in the Southern District of New York rose in 2004, marking the fourth consecutive annual increase. Contract cases in the commercial courts also were up. And profits poured into ...
Pricey deals stoke Sirius concerns; Satellite radio firm's rosy forecasts out of reach, say critics.(News)(Sirius Satellite Radio Inc.)(Company Profile)
Jul 04, 2005 ... Byline: Matthew Flamm just a year ago, satellite radio was an industry notable mainly for how much money its two players were losing. But that was Before Howard. Nine months After Howard--that is, after Sirius Satellite Radio signed up radio icon Howard ...
City's money goes out as fast as it comes in.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... The city's tax revenues--estimated at $29.4 billion this year, up from $23.2 billion in 2001--are on the rise. That's good, because New York City's public spending also keeps going up; projections for 2009 put it ...
nyc destined for spot at trade's center.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... The world is getting smaller, and international commerce in New York is getting bigger. More than 80 million metric tons of cargo came through New York and New Jersey ports in 2004, notching a hefty net increase over the past five ...
jobs flat, but unemployment eases.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... The number of jobs in the city inched up in 2004 versus a year earlier, to 3.54 million--well below the high point reached in 2000 during the economic expansion, but above levels of a decade ago. While the city unemployment rate has stayed stubbornly ...
Sponsor walks, runs losing steam; Many groups, especially smaller ones, find that events' fund-raising effectiveness has been diminished.(News)
Jul 04, 2005; ... Byline: Miriam Kreinin Souccar jodi decrenza has sprinted through the Komen Race for the Cure for breast cancer, the AIDS Walk New York and more United Way walks than she can count. Lately, though, the fitness director has lost her enthusiasm for such events. She ...
rising costs dominate financial snapshot.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... The expense side of the health care ledger isn't pretty. The average cost of a hospital admission in the city was $12,895 in 2003, a 6.2% increase over year-earlier levels. The number of emergency room visits per 1,000 people jumped 3.3% ...
rise in lending fuels entrepreneurial spirit.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... Small business is big in New York. The number of self- employed people in the state increased 6.7% in 2004 over 2003 levels, compared with a 1.3% gain nationally. SBA-guaranteed loans in the city are rising, with 2,025 issued ...
Mass transit popular; gas prices rise.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... It's hard to keep New Yorkers still. Ridership on the subways and on the PATH trains between the city and New Jersey was up last year, as was eastbound traffic on Port Authority bridges and tunnels. But travel doesn't come cheap ....
Companies cope as stocks gyrate.(2005 Market Facts)(venture capital investment of firms)(Brief Article)
Jul 04, 2005 ... It's not easy being a tech company in New York. An index of 15 city-based firms shows a sector on a dizzying stock ride. The roller coaster drove the firms way up in 2003, down and then up again in 2004, and back down this year. There are ...
Welcome to new york. cash or charge?(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... They come, they spend. New York loves tourists, even if harried city dwellers elbowing their way through Times Square don't always show it. Last year brought an estimated 39.6 million visitors who spent a total of $15.1 billion, capping a ...
Revamped ERs focus on efficiency; Montefiore overhauls its triage system and stresses patient benefit.
Jul 04, 2005; ... Byline: Samantha Marshall the morning, which Grace Coles spent suffering from acute back and stomach pain, has become a distant memory. Propped up on a freshly fluffed pillow and scanning the selection of muffins and cookies from a passing cart, the Bronx widow looks comfortable ...
Outlook for growth remains strong.(2005 Market Facts)(Economic growth)(Brief Article)
Jul 04, 2005 ... The city's economy continues to grow, if at a slower pace. The gross city product will expand to an estimated $450 billion in 2005, a 2.6% bump over 2004 levels. The jobs outlook is positive, with increases expected each year through ...
8 million people stir up New York.(2005 Market Facts)(Brief Article)
Jul 04, 2005 ... Making the city pulse are 8.1 million souls from all walks of life and foreign lands. The melting pot is one-third white, nearly 30% Hispanic and a quarter black. For all of the positive aspects of the city's diversity, ...
making big bucks, but not as dominant.(2005 Market Facts)(profits of New York Stock Exchange Inc.)(Brief Article)
Jul 04, 2005 ... Wall street has a tight grip on the city's economy. Annual profits for New York Stock Exchange members are expected to total nearly $15 billion in 2005, and investment bankers saw annual bonuses grow 25% last year. But the ...
PARTY ANIMAL: Steve Minarik.(Briefs)(Republican Party)(Brief Article)
Jul 04, 2005 ... Stephen Minarik is a political animal with a resume to match. Since graduating from the University of Rochester in his hometown with a degree in political science, he has held a series of political posts: director of a Republican congressional campaign, head of the GOP office of the Monroe ...
At Deadline.(Late News)(Brooklyn Brewery Ltd. expands)(Parkway Hospital files for bankruptcy)(Meryl Poster resigns from Miramax Film Corp.)
Jul 04, 2005 ... Brooklyn Brewery owner Stephen Hindy might soon have a deal to expand on the Brooklyn waterfront. A long-standing lawsuit that prevented him from leasing Pier 7 in Red Hook might be nearing a resolution, says Chris Ward, chief executive of American Stevedoring. The freight shipping company ...
on course for College, and big bills.(2005 Market Facts)(educational aspects of New York)(Brief Article)
Jul 04, 2005 ... An increasing number of New York City public school kids are opting for college or other postsecondary education. In 2003, 81.9% of graduates went on to further studies--5.2 percentage points higher than in 2000. But college students and ...
Music sites clean up their act; Piracy ruling pushes file-sharing networks to dump freeloaders, negotiate with labels.(News)
Jul 04, 2005; ... Byline: Amanda Fung The u.s. supreme Court put its foot down on music piracy last week. But many peer-to-peer file-sharing networks, realizing they were in need of drastic makeovers, saw the writing on the Web before this latest judgment hit them. One Manhattan firm ...
By the Numbers - IPO market: variety show.(News)(initial public offerings )(Brief Article)
Jul 04, 2005 ... A dozen new york area companies held initial public offerings in the last six months, raising a total of about $2.8 billion. That's slightly ahead of the same period in 2004, when eight companies raised $2.5 billion. Last year's list was dominated by biotech and ...
The Insider.(Briefs)
Jul 04, 2005; ... Byline: Erik Engquist and Anne Michaud Albany curious about George Will he stay or will he go? Observers have been waiting for Gov. George Pataki's decision on whether he'll seek a fourth term in 2006 or step aside in the face of an apparent uphill battle against ...
Correction.(Corrections)(Correction Notice)
Jul 04, 2005 ... The latest Crain's ranking of the area's largest women-owned companies is based ...
Highlights Reel: Backwards & Forwards.(In the Markets)(taxation of Accenture Ltd.)(earnings of American International Group Inc.)(shares of TheStreet.com L.L.C.)(Brief Article)
Jul 04, 2005 ... Although its board usually meets in New York, Accenture lists Bermuda as its headquarters. The consulting firm is lobbying to be exempted from a recent law that would treat it as U.S.-based for tax purposes. If unsuccessful, it could face a big tax bill. Its stock rose 2.5% last week. ...
Tarnished tech firm occupies solid niche; Computer Associates has long contracts, few rivals; some see opportunities.(In the Markets)(Computer Associates International Inc.)
Jul 04, 2005; ... Byline: Aaron Elstein Computer Associates International Inc. is having a tough time shaking its accounting-fraud-tainted past. Last week, the Islandia, L.I., company announced further adjustments to its previously reported results and disclosed that its auditor found material ...
Public Theater stages comeback; Free Shakespeare returns as donations grow.(In the Markets)(Brief Article)
Jul 04, 2005; ... Byline: Miriam Kreinin Souccar for the first time in four years, New Yorkers are once again able to see two free Shakespeare in the Park productions this summer. The Joseph Papp Public Theater hasn't been able to afford to stage two summer shows, which cost a combined ...
New York, New York.(Briefs)(marketing of United States Tennis Association)(new york is celebrating its 10th anniversary)(McNally Robinson NYC launches Harry Potter novel)
Jul 04, 2005; ... Byline: edited by Valerie Block Tennis players get pet names To net more fans, the United States Tennis Association is launching a $3 million ad campaign playing up the personalities of its biggest stars. The blitz will kick off on July 19 on national television and ...
Hot spots hit new heights; Hotels chase hippest with rooftop bars that charge premium prices; rowdy customers need not apply.
Jul 04, 2005; ... Byline: Lisa Fickenscher nature-deprived new yorkers have always flocked to sidewalk cafes during the summer. But lately they are trading in their street-level seats next to idling trucks and honking taxis for higher planes and better vistas. Hotel rooftop bars are ...
More secure Freedom Tower.(Briefs)(Morgan Stanley appoints John Mack)(The Goldman Sachs Group Inc. downsizes)(Tradeware Systems Corp. appoints Howard Schwartz )
Jul 04, 2005 ... Byline: from staff reports and bloomberg news reports The revised design for the Freedom Tower, which was sent back to the drawing board seven weeks ago amid safety and security concerns, was unveiled. The new plan moves the building back to an average of 90 feet from 25 feet ...
Emergency dresses a W Hotel service; Furstenberg tie-in aimed at young women.(News)(Diane Von Furstenberg Studio)(Brief Article)
Jul 11, 2005 ... forget robes and shampoo. Manhattan-based W Hotels will soon offer guests in a fashion crisis a little black dress and thong. Advertising Age reports in today's edition that W is partnering with famed 1970s designer Diane Von Furstenberg to offer "emergency fashion kits.'' They ...
New inn spot shines in Jersey; Contemporary cuisine, many wines star at casual Pluckemin; early glitches.(Business Lives)(Pluckemin Inn)
Jul 11, 2005; ... Byline: bob lape When a guest at the astonishing new Pluckemin Inn in Bedminster, N.J., remarked on being chilly, she was immediately invited to select from a basket of pashmina scarves in different colors. She chose one that matched her dress. When patrons asked ...
Wizard wordsmith.(Business Lives)(Scholastic Inc)(Brief Article)
Jul 11, 2005; ... Byline: elisabeth butler Arthur Levine, 43, is one of a handful of people who have read Harry Potter and the Half-Blood Prince, the sixth book in J.K. Rowling's smash series, due out July 16. In fact, as editor of the American versions of the Harry Potter books for Scholastic ...
Cheating on long-term care.(Viewpoint)
Jul 11, 2005; ... Byline: Alair Townsend People who would be mortified to admit their families were taking welfare benefits abandon all shame when it comes to welfare in the form of long-term care for their parents. Adult children are encouraging their parents to transfer ...
Brooklyn College getting face-lift; $102M design overhaul; Fordham Road booster group gets under way.(Neighborhood Journal)
Jul 11, 2005; ... Brooklyn college is reversing a 30-year-old mistake by remaking the Midwood campus to reflect its original design. The $102 million project will re-create the vision laid out for the school's grounds in 1935. The demolition of the Plaza Building--labeled "the ...
Corrections.(Case Note)
Jul 11, 2005 ... Merck Inc. spun off Medco Health Solutions Inc. in August 2003. The timing was misstated in a June 27 article about Medco. Big Apple Car Inc.'s estimated 2005 revenues are $23.7 million; the company ...
The Best of Bob Lape.(Business Lives)(American Grill )(Atelier )(Bar Americain)(Brief Article)
Jul 11, 2005 ... American Grill (2.5) 1180 Victory Blvd. (at Clove Road), Staten Island. (718) 442-4742. In a new location, Pamela Silvestri and David Cavagnaro's friendly, flavorful restaurant features caring service, superior steaks and all-American fare with flair. Atelier (4) ...
Industrial policy has design flaws; Zones to provide low rents, long leases won't prevent residential conversions, other uses.(Small Business Report)
Jul 11, 2005; ... Byline: judy temes manufacturing in New York City is in deep trouble, and the all-too-common experience of Bruno Holst is a good reason why. In his first three years in operation, the owner of Bear Woodworking didn't even bother to list his address on his business ...
What's the quickest route to the Hamptons?(Business Lives)(Brief Article)
Jul 11, 2005 ... the best bet for driving to the Hamptons is to take the HOV lane on the Long Island Expressway. That way, you avoid the worst of the traffic, but you need a second person in your car. Try to avoid that road between 6 p.m. and 8 p.m. Friday night, because that's when ...
New ad biz stars; Small, independent shops win large accounts as clients tire of big agency bureaucracy.(News)
Jul 11, 2005; ... Byline: tommy fernandez new york's advertising industry is once again learning to respect the powers of tiny agencies with funny names--like the boutique named after a knuckle-sized Amazonian amphibian. Strawberry Frog, a 25-staffer Dutch-owned agency that has been in ...
The City's Man.(Small Business Report)(Clothing industry)(Brief Article)
Jul 11, 2005 ... The city's new manufacturing czar comes to the job with some unique qualifications. Growing up in Brooklyn's Sunset Park as the child of Chinese immigrants, Carl Hum spent many after-school hours by his mother's side as she worked as a seamstress in a small garment factory. ...
A guide for making goods while still making money; In shrinking sector, firms must produce standout goods while cutting costs.(Small Business Report)
Jul 11, 2005; ... Byline: tina traster Two decades ago, Tom Cat Bakery, an artisanal bread maker that caters to restaurants and gourmet shops, was the only game in town. As the field has grown crowded, competition has intensified. The most obvious way to drive down costs would be to ...
Chambers aim for clout via unity; Borough groups seek mutual benefit with combined legislative effort.(Small Business Report)
Jul 11, 2005; ... Byline: erik engquist for years, Linda Baran, the head of the Staten Island Chamber of Commerce, has been waging a lonely battle, traveling to Albany to lobby state leaders on her members' top priority: a reduction in the sales tax. Next year will be different, ...
Nymex warning bell; Powerful exchange faces rival's threat; IPO push.(News)(New York Mercantile Exchange)
Jul 11, 2005; ... Byline: aaron elstein chaos is a fact of life at the New York Mercantile Exchange, where hordes of zealous traders wave their hands and holler as they set the global price for oil from a 25,000-square-foot floor in the World Financial Center. That din is a sea of ...
Fresh direct founder to headline event; Crain's New york expo.(Small Business Report)
Jul 11, 2005 ... The founder of Fresh Direct, the fast-growing online grocer, headlines the 14th annual Crain's New York Expo on Friday, Oct. 28. Jason Ackerman, founder, vice chairman and chief financial officer, will trace Fresh Direct's history and explain why it is succeeding while so many ...
The Insider.(Briefs)(Viacom Outdoor Inc. and Clear Channel Outdoor)(Plaza Hotel and Casino)(Public employee pension funds)
Jul 11, 2005; ... Byline: Erik Engquist and Anne Michaud New team picks up Olympic torch The olympic dream has been shattered, but the reverberations continue. While the Olympic delegation was flying back from Singapore, insiders were speculating that Deputy Mayor Daniel ...
WellChoice's rapid rise leaves little upside; Investors jump on good news, but stock is trading close to takeover value.(In the Markets)
Jul 11, 2005; ... Byline: aaron elstein It's all blue skies for WellChoice Inc., the managed care company formerly known as Empire Blue Cross Blue Shield. The stock has jumped 33% this year on an escalating chorus of good news. Last month, New York state's highest court dismissed a ...
New Brooklyn proposal faces uphill battle; But surprise bid may force Forest City Ratner to downsize original concept for Nets arena.(News)(Extell Development Co)
Jul 11, 2005; ... Byline: anne michaud and julie satow A last-minute alternative for developing downtown Brooklyn faces an uphill battle against the original concept, a massive project centered on a basketball arena at the prime development site. The surprise proposal by Gary Barnett, ...
Mr. Write seeks true love.(Business Lives)(Existential Hell: A Screenplay Trilogy)(Brief Article)
Jul 11, 2005 ... For some self-published authors, it's not how many people read your book, but who they are. Novice author Lawrence Corneck has no illusions that his book Existential Hell: A Screenplay Trilogy, to be published by Author House this fall, will become a best seller. However, he ...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
Jul 11, 2005 ... Byline: adrianne pasquarelli This week's events July 12 New York Society of Security Analysts holds course on building a financial statement model using Excel. 1:00 p.m. to 4:30 p.m., American Management Association, 1601 Broadway. Fee: $195 members, $245 ...
Executive Moves.(Business Lives)(BDO Seidman L.L.P.)(DeVries Public Relations)(Hoffman Architects Inc.)
Jul 11, 2005; ... Byline: adrianne pasquarelli Accounting & consulting BDO Seidman: Brian Aryai, 41, joined as director in the litigation and fraud investigation practice. He had been a vice president at Computer Associates. Kevin Brant, 44, joined as director in the ...
Week In Review.(Briefs)(New York Times Co.)(International Inc)(Merrill Lynch and Company Inc.)
Jul 11, 2005 ... Byline: from staff reports and bloomberg news reports NYT's Miller sent to jail New York Times reporter Judith Miller began a jail sentence of up to four months after refusing to reveal to a grand jury who told her the identity of CIA operative Valerie Plame, two ...
Hard road for soft `Penthouse'; Revamped magazine still features nudity; turnoff for advertisers.(News)
Jul 11, 2005; ... Byline: matthew flamm no magazine reader in his right mind would mistake the racy Penthouse for abs-obsessed Men's Health. Until lately. Not only is the cover model on the August Penthouse wearing clothes, but a coverline promises "10 minutes to a six-pack.'' ...
Budget hotels home in on West Side; Small inns sprout in rezoned Hudson Yards; eyewear firm focuses on Madison.(Real Estate)
Jul 11, 2005 ... With three hotels in the works, a new hub for affordable hospitality is emerging west of Seventh Avenue, in the rezoned Hudson Yards neighborhood. An 80-room Comfort Inn is scheduled to open by the end of the year at 305 W. 39th St. A few blocks south, at 235 W. 35th St., a ...
CVS: Speed is aim; Stores will accept contactless cards to cut transaction time.(CVS Pharmacy Inc)(Brief Article)
Jul 11, 2005; ... Byline: elisabeth butler cvs/pharmacy is doing something to alleviate long lines at its checkout counters. Last month, the drugstore chain finished installing contactless credit card terminals in its 400-plus locations in New York. The technology lets customers tap a ...
A contrarian looks for fun in Florida, out of season.(Viewpoint)(Column)
Jul 11, 2005; ... Byline: james brady Discerning new yorkers escape summer by trekking north to the mountains, the Vineyard, the Cape. In winter, they take in the Florida sun. I follow a less rational pattern, driving north in February to ski in Vermont and flying to Florida in midsummer. ...
Literary glory for all; Web lets authors self-publish; don't quit day job.(usage of internet for self publishing )(print-on-demand technology)
Jul 11, 2005; ... Byline: matthew flamm hen cheril clarke finished writing her latest novel last fall, the young, unknown author didn't worry about whether anyone would publish it. Ms. Clarke, who works days as an analyst at Citigroup's data center operations, had already decided to ...
Back in the groove; The hip-hop title pioneer returns to Vibe with a view to growth and expansion.(Len Burnett)
Jul 11, 2005; ... Byline: matthew flamm The new guy on this job doesn't have to get up to speed. Len Burnett, named group publisher of Vibe and Vibe Vixen last month, is now in charge of the urban music magazine he helped launch, and its new sibling. Mr. Burnett worked at Vibe for six ...
small business resources; Crain's web site.(Small Business Report)(NewYorkBusiness.com)(Brief Article)
Jul 11, 2005 ... NewYorkBusiness.com features free resources to assist entrepreneurs. Click on "Small Business" to view a list of local events for businesspeople, links to membership groups and more. Also available online is the "Growing a ...
City should make 2016 bid.(bidding for olympics)(Column)
Jul 11, 2005 ... Stung by a humiliating defeat in the city's 11-year quest to land the 2012 Olympics, Mayor Michael Bloomberg was in no mood last week to consider the future. Asked whether New York should seek the 2016 games, he would say only that it was a question that should be addressed later. The ...
At Deadline.(New York University Medical Center)(New York University School of Medicine)(Times Square Alliance)
Jul 11, 2005 ... The terrorist attack in London last week had little or no impact on business and leisure travel to New York, say hotel managers and executives from tourism-related businesses. There was no wave of cancellations, which is consistent with the city's experience following the terrorist attack ...
Jolted NY hospitals act to avert closure; File for Ch. 11, clean up finances as panel targets the inefficient; no more lifelines.(News)
Jul 11, 2005; ... Byline: gale scott the state panel charged with proposing the closure of unnecessary hospitals will finally get down to business on Wednesday. But before it even gavels open its first meeting, the governor's Commission on Health Care Facilities in the 21st Century has already ...