Crain's New York Business back issues from August 2007:
Ask.com searching for more share; Web site revamps to gain some edge, but unlikely to ever catch Google.(News)
Aug 06, 2007 ... Byline: Amanda Fung Even though Ask.com has ditched the stodgy butler as its advertising calling card and overhauled its appearance, the search engine continues to struggle against the big boys: Google Inc., Microsoft Corp. and Yahoo Inc. Manhattan Internet ...
New York, New York.(Briefs)(Sherry-Lehmann Corp. has toped in Zagat Survey's number one wine store)(New York Press will not publish sex advertisements )(hotels are installing kiosks )
Aug 06, 2007 ... Byline: edited by Valerie Block Ready to rock--in print Rock stars don't fade away; they just write books. In the wake of the recent $7.3 million deal for Keith Richards' autobiography, Aerosmith drummer Joey Kramer (right) is shopping a memoir that's far ...
sea change.(Business Lives)
Aug 06, 2007 ... Matthew Flamm, who covers the media beat for Crain's, moved to the upper Upper West Side--the area above 96th Street that's also known as the Bloomingdale Blocks--in 1978, a time when people could walk blocks without finding a bank. Chinese, Cuban-Chinese and Dominican restaurants lined ...
FREE TRIALS OF ONLINE NEWSLETTERS.(News)
Aug 06, 2007 ... Crain's offers readers free two-week trial subscriptions to its online newsletters, Crain's Health Pulse and The Crain's Insider. Pulse deals with the business of health care. It gives details on mergers, contracts, executive appointments, regulatory actions and legislative ...
Citigroup to shrug off subprime meltdown; Bank's global reach, vast scale help it absorb losses; sell-off overdone.(In the Markets)
Aug 06, 2007 ... Byline: Tom Fredrickson Enough already. Citigroup has deservedly taken its lumps in recent years, from investors who have complained about everything from the bank's thinning profit margins to its poor management. But the recent sell-off in the shares, which has chopped 10% off ...
AVERAGE AGE 29; MORE MEN ENROLLED.(Education Report)(Brief article)
Aug 06, 2007 ... Age In 2006, the average age of students enrolled at New York's top M.B.A. programs was 29. Gender Fifteen percent of the business schools enroll more women ...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
Aug 06, 2007; ... Byline: adrianne pasquarelli THIS WEEK'S EVENTS august 7 ActionCoach New York holds workshop on results for your business. 6:00 p.m. to 7:00 p.m., 989 Sixth Ave., fourth floor. Free. (646) 862-1710 or dfares@actionny.com. august 7 ...
Part-time M.B.A. programs have earned credentials; Students weigh career, financial considerations; schools offer options.(Education Report)(master of business administration degree)
Aug 06, 2007; ... Byline: Gwen Moran There was only one option for Jilliann Teets. The 29-year-old wanted to get a master's degree in business, but she did not relish the idea of giving up two years in the fast-moving public relations industry or of losing contacts she had developed ...
The Insider.(Briefs)(president George W. Bush nominated Charles Millard to be director of United States. Pension Benefit Guaranty Corp.)(David Yassky's campaign)(Raymond Kelly in mayoral race)
Aug 06, 2007; ... Byline: Erik Engquist and Anne Michaud Behind defeat of Wicks overhaul What killed wicks reform? Albany leaders appeared to have a deal, but it fell apart at the end of the legislative session when upstate interests complained to Senate Majority Leader Joseph Bruno. ...
Fare increases now, not later.(New York. Metropolitan Transportation Authority)(Elliot sander)(Viewpoint essay)
Aug 06, 2007 ... Elliot sander, chief of the Metropolitan Transportation Authority, wants to increase the revenue that the agency collects from fares and tolls by 6.5%. New Yorkers don't need another hike in the cost of living. But this increase makes sense. It would be easy for Mr. Sander to ...
Terminal brasserie a go; Port Authority spot surprises: attractive setting, consistently good dishes, takeout.(Business Lives)(Metro Marche)(Restaurant review)
Aug 06, 2007; ... Byline: bob lape In my years of traipsing through the Port Authority bus terminal, I thought of it as only something to traverse as quickly as possible. Imagine my amazement at learning that sensible, experienced food professionals planned a serious restaurant there. Even though ...
At Deadline.(News)
Aug 06, 2007 ... The film and television production industry added nearly 2,000 jobs during the first six months of the year, an increase of 5.1% from 2006, according to economist Barbara Byrne Denham. The rise stems largely from the record 11 television pilots that were shot in the city this past spring ....
Advisers coach M.B.A. hopefuls; More candidates shell out for guidance in choosing a school, writing an inspiring essay.(Education Report)
Aug 06, 2007; ... Byline: Karen J. Bannan When john singh began applying to graduate business schools, he realized he needed assistance answering some of the tougher essay questions. Mr. Singh hired a New York consulting firm to help him tell his most compelling stories and to provide ...
Star stringer.(Business Lives)(Roman Prokes of RPNY Tennis)(Brief article)
Aug 06, 2007; ... Byline: adrianne pasquarelli Roman Prokes, 46, strings racquets for tennis pros, including Andy Roddick and Maria Sharapova, as well as anyone who visits his shop, RPNY Tennis, on East 51st Street. He charges $30 to $68 to string a racquet and $40 to $200 customize one. ...
tips for your pup at outdoor cafes.(Business Lives)
Aug 06, 2007 ... call first to make sure the restaurant allows pets, and bring a carrier with you. If the restaurant is especially dog-friendly, like Shake Shack [in Madison Square Park], they might have dog dishes ...
LEARNING FROM `LITTLES'.(Business Lives)
Aug 13, 2007 ... Being a big brother or big sister doesn't just benefit the kids being mentored. Executives get ideas from their young charges. Craig Schinn, an Internet marketing consultant at Avenue A/Razorfish, learned a few things about how to sell fashion to a younger demographic when his ...
Park designer grows by creating city oases; Pulls together officials, communities to create award-winning urban parks.(Small Business Report)(Thomas Balsley Associates )
Aug 13, 2007; ... Byline: Lisa Goff Forty years ago, landscape designers were fleeing the city in droves, hoping to find rich pickings while rearranging suburban greenswards. Not Thomas Balsley. He opened his practice in 1970 in green-starved Manhattan, convinced that he could help ...
Indian spice triumph: old recipes + new flair; Importer touts organic blends using tireless promotion, on-site attention.(Small Business Report)(Dhiraj Arora's Arora Creations Inc.)
Aug 13, 2007; ... Byline: Cara S. Trager Entrepreneurs must do more than believe in themselves and their mission. They have to get others to sign on as well. Just ask Dhiraj Arora, whose passion is healthful eating and whose product is a line of unique blends of organic Indian spices ....
High-tech glassmaker shatters speed records; Computerized equipment provides fast turnaround, high quality.(Small Business Report)
Aug 13, 2007 ... Byline: Cara S. Trager Taking over running a century-old, labor-intensive manufacturing firm located in the heart of the nation's most congested city--not to mention the most expensive one--is not for the faint of heart. Siblings Ellen and Eric Latin knew that when ...
College for the fun of it.(Small Business Report)
Aug 13, 2007 ... Most adult education providers specialize in classes that help midcareer students get ahead. But Steven Schragis found another audience: people 50 and over who are more interested in opening their minds than they are in advancing their careers. Mr. Schragis, a co-founder of Spy ...
Readable voice mail hits the write note; Quick access to text transcriptions lures customers pressed for time.(Small Business Report)(james siminoff's SimulScribe Inc.)
Aug 13, 2007; ... Byline: Lisa Goff If james siminoff hadn't been so hungry one night four years ago, he might never have hit on the idea to launch SimulScribe Inc. A friend had put their dinner plans on hold to go through a day's worth of phone messages, musing aloud that he wished ...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
Aug 13, 2007 ... Byline: adrianne pasquarelli This week's events august 14 Manhattan Chamber of Commerce holds networking reception. 6:00 p.m. to 8:00 p.m., Roger Smith Hotel, 501 Lexington Ave. Fee: $15 members, $25 nonmembers. (212) 473-8074. august 14 ...
Making seamless shift to world of fashion; Web designer-turned-clothier aims to expand her trendy offerings.(Small Business Report)
Aug 13, 2007 ... Byline: Cara S. Trager This year, the owner of Alice + Olivia expects to ring up sales of $25 million by selling $440 men's cashmere hoodies, $398 sequin-strip tank dresses and much more. Next year, she hopes the Manhattan-based outfit will rack up sales of $40 million, both ...
Small Was Beautiful.(Small Business Report)(Cemusa North America)(Brief article)
Aug 13, 2007 ... Before making a formal bid to the city in 2005, Cemusa spent months working with New York Industrial Retention Network, a private nonprofit, to identify local shops that could build and install bus shelters and benches. Bidders pledging that at least half of the production would be in New ...
Best of Bob Lape.(Business Lives)(Restaurant review)
Aug 13, 2007 ... Here are other recently reviewed area spots specializing in Latin food. Besito (21/2 stars) 402 New York Ave., Huntington, L.I. (631) 549-0100. Restaurateur John Tunney's colorful and trailblazing upscale Mexican restaurant brims with noise, fun, tequilas and chef ...
Firms hit wall on tech hiring; Set up outposts in other cities, raise referral fees to lure top talent.(News)
Aug 13, 2007; ... Byline: Amanda Fung High-tech employees are virtually so hard to find in New York City that some firms are giving up and expanding elsewhere, threatening one of the city's fastest-growing industries. Bart Feder, chief executive of The FeedRoom, a Manhattan-based firm ...
Scramble over worker IDs; Lawyers helping firms comply with federal rules over immigrant workers.(News)
Aug 13, 2007 ... Byline: Hilary Potkewitz Lawyers are scurrying to help companies comply with tough federal rules announced Friday that crack down on employers who hire illegal immigrants. The Bush administration implemented a number of regulations pertaining to border security and ...
Garment district rezoning plan stalls; Landlords balk at new rules meant to save manufacturing.(News)
Aug 13, 2007; ... Byline: Elisabeth Butler Cordova Six months after the city's Department of Planning announced its intent to overhaul the garment district's zoning regulations, the effort has stalled and the city's few remaining manufacturers are feeling the pain. Garment district ...
1st Data LBO puts Wall St. firms in vise; Banks could lose big by doing deal or by walking away as credit crisis grows.(News)
Aug 13, 2007 ... Byline: Aaron Elstein Four new york banks are among a group of seven that may get stuck with the tab for this year's biggest leveraged buyout. When the $29 billion deal for credit card processor First Data Corp. was announced in April, it looked like another coup for ...
Week In Review.(Briefs)(New York University and Polytechnic University to merge)(Barney's Inc. has been acquired by Istithmar)(Take-Two Interactive Software Inc.'s Kenneth Selterman has been sentenced)
Aug 13, 2007 ... Byline: from staff reports and bloomberg reports Storm blows in; commuters reel A violent storm crippled the city's mass transit system for the third time in seven months. A torrential downpour prior to Wednesday morning's rush hour flooded subway tracks and caused ...
Transit center a downtown magnet; Hub is drawing retailers, residents; Ralph Lauren cancer center expanding.(Real Estate)
Aug 13, 2007 ... While the promise of lower rents is luring office tenants to lower Manhattan, retailers and residents are moving there because of the potential of the Fulton Street Transit Center. Slated for completion by 2010, the $888 million hub will connect 12 subway lines. More than ...
'Freestyle' jumps on LES; Newcomer Rayuela puts delicious spin on Spanish, Latin; novel wine approach.(Business Lives)(Restaurant review)
Aug 13, 2007 ... The exciting new restaurant on the Lower East Side, Rayuela, is a layer cake of Latin delights. Painstakingly planned and impeccably executed, the Allen Street attraction bubbles with stylish decor, engaging service and extraordinary food. The eatery is the brainchild of ...
Maury Povich's journalistic drama.(Viewpoint)
Aug 13, 2007 ... Byline: Alair Townsend This episode is "I'm Pimping Out My Niece.'' The niece lives in a trailer; the uncle is missing a front tooth. The two confront her boyfriend, who does not know she's a hooker. Sobbing, niece Tracy says she uses drugs and hooks to punish ...
POLITICAL POWER The rewards.(Briefs)
Aug 13, 2007 ... Say this about political power's effect on elected officials' ability to raise money: It doesn't hurt. In their first six months as majority members of the House of Representatives, New York's Democratic incumbents raised 53% more money than in the comparable period of the previous ...
Live-wire electrician generates business; Union worker's studious approach gives him power to run his own show.(Small Business Report)(D and S Electrical Corp.'s Darryl Stovall Sr.)
Aug 13, 2007; ... Byline: Lisa Goff The trouble with many ambitious people is that they don't know when to stop. Just look at Darryl Stovall Sr. After nearly 20 years of struggle, the electrician reached the top of his union's pay scale. But a secure job paying $48 an hour wasn't ...
Venture Investors Tap NY Tech.(News)
Aug 13, 2007 ... New york city companies are proving to be attractive targets for venture capital investors. In the second quarter of the year, 32 ...
FREE TRIALS OF HEALTH PULSE NEWSLETTER.(News)
Aug 13, 2007 ... Crain's offers readers a free two-week trial subscription to Crain's Health Pulse online newsletter. Pulse deals with the business of health care. It supplies information on mergers and affiliations, contracts, executive appointments, regulatory actions and legislative ...
All the governor's men; Spitzer seen needing key adviser who can mend fences, build alliances in Albany.(News)(Eliot Spitzer)
Aug 13, 2007; ... Byline: Anne Michaud A growing group of Democrats say the scandal over the use of state troopers to spy on Senate Majority Leader Joseph Bruno is symptomatic of Gov. Eliot Spitzer's reliance on a small group of advisers caught up in a win-at-all-costs mentality that dates back ...
Shopping the barneys warehouse sale.(Business Lives)
Aug 13, 2007 ... The sale starts Aug. 16, but you don't have to line up at 4 a.m. as if it were a rock concert. If you go three days in, you'll still find plenty of merchandise--and more markdowns. Try going around 7 p.m., right before closing time; all the clothes that had been thrown on the floor or on ...
Executive Moves.(News)(Michael I. Braverman joined Huron Consulting Group)(Ryan DeVoe's promotion at News America Marketing)(Rick Leonard joined Stanton Communications)
Aug 13, 2007; ... Byline: adrianne pasquarelli Accounting & consulting BDO Seidman: Jonathan Forman, 33, was promoted to partner from senior manager. Christopher Galuppo, 40, was promoted to partner from senior manager. Maureen McGetrick, 35, was promoted to ...
Preppy may be hot, but the forecast turns chilly for Polo Ralph Lauren.(In the Markets)
Aug 13, 2007 ... Polo Ralph Lauren is one of the great, enduring success stories of modern retailing--and investing. Stoked by growing profits, its shares have quadrupled in the past four years. The company did it again last week, posting a healthy 9% pop in earnings. Sadly, it also warned of weakness ...
New York, New York.(Briefs)(conde nast traveler is celebrating its anniversary )(David Mendez's new company Monterrey Pictures )(Sol Moscot is changing its name)
Aug 13, 2007; ... Byline: edited by Valerie Block Hip-hop Web marketplace on right track Pmp worldwide, the new Web site stocked with original beats and tracks that record labels can buy for their artists, is on a roll. Just three months after launching, the music marketplace has ...
Shelter contractbuoys NY firms; Big Spanish outfit turns to locals to build and set up bus stops.(Small Business Report)(Cemusa )(A and L Sheet Metal Fabrications Co.)
Aug 13, 2007; ... Byline: Wendy Davis Six years after a recession and terrorists struck, putting A&L Sheet Metal Fabrications Co. into a multiyear tailspin, business is booming again--thanks to just one contract. Late last year, the Queens outfit was chosen to be one of the companies ...
New York's Top Entrepreneurs.(Small Business Report)
Aug 13, 2007 ... The half a dozen winners of Crain's 12th annual small business awards come from across the city, from Far Rockaway in Queens to Canal Street in lower Manhattan. Each exemplifies the entrepreneurial spirit that helps drive the city's economy, providing a stream of fresh ideas and jobs. ...
CORRECTIONs.
Aug 13, 2007 ... The sale of 1290 Sixth Ave., which was part of a portfolio sale, should not have been included in CoStar's July 30 list of the largest NYC sales of single properties in first-half 2007. The $112 million purchase of 130 Prince St. should have ranked 25th; Waterman Interests bought the ...
Fashion Week's new face; IMG operations chief to expand brand, launch more events; learned from Trump.(Business Lives)
Aug 13, 2007 ... Byline: Elisabeth Butler Cordova When most people start a new job, it takes them a week just to figure out how to work the coffee machine and memorize co-workers names. Not so for Maureen Reidy. By her third day as chief operating officer for IMG Fashion, the ...
6 steps to snare federal contracts; Getting through to the government is hard work, but rewards can be huge.(Small Business Report)
Aug 13, 2007; ... Byline: Tina Traster Voters aren't the only ones who have a tough time getting anyone in Washington to pay attention to them. The same goes for small business owners looking to make a pitch. Manhattan-based technology consultant Stephen R. Goodwin figured that ...
Hot Jobs.(News)
Aug 13, 2007 ... Byline: amanda fung WANTED: executive director organization Computers for Youth JOB DESCRIPTION Oversee the nonprofit's new New York office, recruit staff and board MOST IMPORTANT TASK Raising $1 million annually CREDENTIALS NEEDED ...
Subway concierge.(Business Lives)
Aug 13, 2007 ... Byline: kathleen morgenier Curtis johnson, 48, is one of the people prowling subway stations. The 18-year New York City Transit employee, now a station agent and customer service assistant, is assigned to the Court Square stop in Long Island City, Queens. Agents answer questions ...
Piggyback to success.(Small Business Report)(Core 180)(Brief article)
Aug 13, 2007 ... Companies can avoid a lot of hassles by subcontracting. But, while the prime contractor does most of the work to land the job, subcontractors face plenty of scrutiny and paperwork. Opportunities can be found at www.sba.gov/GC/indexcontacts.sbsd.html. Last year, network ...
Real infrastructure solutions.(Consolidated Edison Inc.)(Viewpoint essay)
Aug 13, 2007 ... An intense rainstorm just before rush hour paralyzes the subway system. The collapse of an interstate-highway bridge in Minneapolis raises fears about the condition of the many bridges in the New York area. A Consolidated Edison steam pipe explodes, severely injuring several people and ...
The Insider.(Briefs)(Daniel Doctoroff to leave Michael Bloomberg administration)(Manhattan community board 9 is to reject Columbia University's application for a zoning change)(Adolfo Carrion in mayoral elections)
Aug 13, 2007; ... Byline: Erik Engquist and Anne Michaud Deputy Mayor Dan: Will he stay, or will he go? Speculation is growing that Deputy Mayor Daniel Doctoroff (left) will leave the Bloomberg administration at the end of the year. Rumors of his departure have been circulating for ...
Helping in 'big' way; More executives mentor "littles'' at the office.(Business Lives)
Aug 13, 2007 ... Byline: SAMANTHA MARSHALL Even the spotless restrooms at Deloitte & Touche's World Financial Center headquarters were cause for excitement when Jia Yi Chen first set foot in her "big sister'' Antonia Chong's workplace. The 13-year-old, a first-generation immigrant from China, ...
Big bets on new markets pay for Scientific Games; Gambling system firm stock looks like a winner; enters Chinese market.(In the Markets)
Aug 13, 2007 ... Byline: Aaron Elstein Investors seeking shelter from the stock market's squalls should remember this simple fact: No matter how bad things get, people never lose their love of gambling. That means now is a good time for investors to place their chips on Scientific ...
Safer investments lift firms above crisis; Money market specialist's assets rise, thrifts see jump in loan applications.(News)
Aug 13, 2007 ... Byline: Kira Bindrim As investors and borrowers seek safe havens in the credit crisis, the leading money market firm in New York is seeing its assets soar. Meanwhile, thrifts that specialize in conservative mortgage lending are reporting a sharp jump in applications. ...
At Deadline.(Late News)
Aug 13, 2007 ... Galleries are flocking to the Lower East Side to be near the New Museum of Contemporary Art's building at 235 Bowery, opening in December, creating an arts neighborhood that insiders have already dubbed "the new Chelsea.'' Last week, Chelsea's Lehmann Maupin gallery announced that it was ...
A bit of the fab life in a bottle.(Small Business Report)
Aug 13, 2007 ... It was a hot afternoon in the Hamptons, and real estate broker Salvatore Piazzolla brought out a basket of expensive European sun care lotions for friends lounging by his pool. "Nothing really impressed them,'' he says. "I thought to myself, there's room in that market for a ...
Circle Line's new arc; Firm looks to other businesses after losing Lady Liberty.(News)(Company overview)
Aug 13, 2007 ... Byline: LISA FICKENSCHER Now that circle line downtown is losing the biggest part of its business--ferrying passengers to the Statue of Liberty and Ellis Island--how will the company stay afloat? The contract to serve those historic landmarks represented 75% of the ...
WHO SHOULD BE BLAMED FOR THE SUBWAY DISRUPTIONS FOLLOWING THE VIOLENT RAINSTORMS? CRAIN'S ONLINE POLL.(Viewpoint)
Aug 13, 2007 ... Of 481 respondents, a plurality say that no one is responsible, because the torrential downpour was an overpowering act of nature. ...
Corrections.
Aug 20, 2007 ... An item in the Aug. 13 Real Estate Deals column about the Fulton Street Transit Center was ...
WILL YOU LISTEN TO BOOMER ESIASON ON WFAN, OR TO DON IMUS, IF HE RETURNS TO THE AIRWAVES? CRAIN'S ONLINE POLL.(Viewpoint)
Aug 20, 2007 ... A majority of the 777 respondents say they would tune into Imus. Only 13% say they would be inclined to turn the dial to WFAN, where Boomer Esiason has been designated as the permanent replacement ...
Hot Jobs.(Business Lives)
Aug 20, 2007 ... Byline: kira bindrim WANTED: director organization Solomon R. Guggenheim Museum JOB DESCRIPTION Oversee exhibitions, fundraising and a 200-person staff MOST IMPORTANT TASK Maintaining the Manhattan museum's stature despite global expansion ...
Manhattanites find 2nd homes on other islands; More buying in luxury Caribbean resorts; rental income may or may not be a factor.(Business Lives)
Aug 20, 2007; ... Byline: Margaret Jaworski Last november, the Pinto family spent their first week in their newly finished vacation home: a 2,700-square-foot cottage at The Somerset on Grace Bay, a resort development on Providenciales in Turks and Caicos. Aviva Pinto and her husband, ...
Executive Moves.(Business Lives)
Aug 20, 2007; ... Byline: adrianne pasquarelli and sarah studley accounting & consulting Accenture: Roxanne Taylor, 51, was promoted to chief marketing and communications officer from managing director. BDO Seidman: Marlene Rabinowitz, 39, was promoted to partner from ...
Best of Bob Lape.(Business Lives)(Restaurant review)
Aug 20, 2007 ... Here are other modern American restaurants reviewed recently. Gilt (4 stars) New York Palace Hotel, 455 Madison Ave. (between East 50th and East 51st streets), Manhattan. (212) 891-8100. A new kick in the kitchen, 1,500 wines and superb service. X20 ...