Crain's New York Business back issues from May 2008:
New York, New York.(Briefs)
May 05, 2008 ... Byline: edited by Valerie Block Nets hold court on luxury suites Next week, the Nets will debut a prototype of their Frank Gehry-designed, $300,000-a-year Barclays Center corporate suites at a splashy party in their New York Times Building showroom. To ...
'80s garage-band rocker back as cottage industry; Dan Zanes finds success spanning genres and media; own label is critical.(Small Business)
May 05, 2008; ... Byline: Steve Garmhausen It pays to keep an ear tuned to the market, no matter how surprising its tastes may seem. Dan Zanes discovered that only grudgingly. In 1998, when friends and neighbors raved about the songs he had recorded on a cassette for his baby ...
STUDENTS SEEK HOST BUSINESSES; Exploring careers.(Meetings & Conventions Report)
May 05, 2008 ... The Greater New York Councils' Exploring program seeks businesses to host sessions offering high school students the chance to explore various industries and make better decisions about career choices. Exploring puts together groups of 15 to 25 students. They meet at ...
Time on their hands; Even with jobs, some workers find cutbacks in hours squeeze their pay.
May 05, 2008; ... Byline: Daniel Massey The black cars parked in front of the city's Indian food shops are an ominous sign for the economy. "You can see all the limos lined up outside the delis because they're waiting for a job,'' says Jasvir Singh Gill, a 47-year-old driver who now ...
The Insider.(Briefs)
May 05, 2008 ... Byline: Erik Engquist and Matthew Sollars Democrats eye tougher rent rules Senate majority leader Joseph Bruno once said that every time rent-regulation activists yell, his campaign coffers are replenished by the real estate industry. History may well repeat itself: ...
Corrections.(Correction notice)
May 05, 2008 ... Robina Schepp was named interim vice president of enrollment management at Pace University by former President David A. Caputo. The timing of the move was misstated in an April 28 story. CoStar's April 7 ranking of the firms with the highest volume of Manhattan commercial ...
More mortgage borrowers fall behind; Past-due rate rises in all boroughs, but total debt drops; home prices declining?(News)
May 05, 2008 ... Byline: Daniel Massey The percentage of mortgage borrowers in the New York City area who were 60 or more days past due on payments reached 2.5% in the fourth quarter, rising 15% over the previous quarter, according to a report by TransUnion.com, a credit and information ...
Bloomie's workers agree to contract; Pact provides wage increase, paid days off for holiday work.(News)
May 05, 2008 ... Byline: Elisabeth Butler Cordova Bloomingdale's averted a strike with union workers at its flagship store just hours before their current contract was set to expire. Late last week, members of Local 3 of the Retail, Wholesale and Department Store Union approved an ...
Mike 2009 the race to succeed.(Briefs)(Brief article)
May 05, 2008 ... Brooklyn Borough President Marty Markowitz (below) took his incipient mayoral campaign--and a new level of seriousness--to Staten Island last week. Mr. Markowitz was a surprise visitor to the Staten Island Economic Development Corp.'s annual conference. Even Mayor Michael ...
Stressed-out summer looms at airports; Flight caps provide little relief; delays may top '07 levels.(News)
May 05, 2008 ... Byline: Hilary Potkewitz Many new yorkers have planned happy, carefree vacations in distant places this summer. It's too bad that those journeys must begin and end with what is expected to be a nerve-rattling trip through air-travel hell. Despite the ...
Getting Sirius looks like money-losing proposition; Satellite radio company deep in the red; iPods, cell phones pose threat.(In the Markets)
May 05, 2008 ... Byline: Matthew Flamm Last year was a good one for Sirius Satellite Radio. Powered by Howard Stern, tons of sports programming and commercial-free music, the number of subscribers soared 38%--and still the company managed to lose $565 million. While that is down from ...
At Deadline.(Late News)
May 05, 2008 ... A Department of City Planning study to be released today shows a shortage of supermarkets in Harlem, eastern Queens, northeast Brooklyn and all of the Bronx. Fewer than 25% of food retailers in those areas are likely to sell fresh food. These neighborhoods also have the highest rates of ...
Retailers ignore tax rebates; Few plan special promotions to bring in shoppers; leaving money on table?(News)
May 05, 2008 ... Byline: Elisabeth Butler Cordova More than 2 million households in New York City are slated to receive government rebate checks worth at least $600 in the coming weeks, but you wouldn't know it by looking in retailers' windows. Few of the city's shopping destinations ...
New strategy for Albany battle.(Viewpoint)(Viewpoint essay)
May 05, 2008 ... Albany and new york are separated by only 150 miles, but in political terms they are light-years away from each other. The state Legislature, with the reluctant consent of new Gov. David Paterson, adopted a reckless $125 billion-or-so budget--no one yet knows exactly how much spending was ...
SHOULD THE 18.4 CENTS-A-GALLON FEDERAL GAS TAX BE LIFTED THIS SUMMER? should something else be done? CRAIN'S ONLINE POLL.(Viewpoint)
May 05, 2008 ... Number of respondents: 460 53% - Raise taxes on the oil companies and use the money to finance alternative fuels. 28% Don't cut ...
Hosts' eco-eating options: not just for tree-huggers; Organic, sustainable fare sends message, but correctness costs.(Meetings & Conventions Report)
May 05, 2008 ... Byline: Cara S. Trager Saatchi & saatchi Healthcare Communications Group practices the sound living it promotes. Since last March, attendees at the firm's biweekly executive management meetings have partaken in generally healthful and environmentally correct lunches that favor ...
Nonprofit performers provide cheaper thrills; But some sponsors want entertainment with more frills.(Meetings & Conventions Report)(Conference news)
May 05, 2008; ... Byline: Victoria Rivkin When jessi hempel was helping to organize Fortune magazine's upcoming Brainstorm Tech Conference in Half Moon Bay, Calif., she sought entertainment that would not only dovetail with the event's technology theme but would show attendees something they ...
Venues recycle, go low-flow; Conservation efforts win customers; eye on bottom line.(Meetings & Conventions Report)
May 05, 2008 ... Byline: Judith Messina Every morning at the Hamilton Park Hotel & Conference Center in Florham Park, N.J., meeting attendees find a doughnut-shaped coaster under their water bottles. If they don't want another bottle, they hang the coaster over the top and have the option to get ...
Team-building with a heart; Activities combine corporate and philanthropic goals.(Meetings & Conventions Report)
May 05, 2008 ... Byline: Hillary Chura This spring, when Deutsche Bank merges two technology groups, its team-building activity won't just foster collegial relationships: The 36 tech employees in New York will work together to refurbish a school. "If you can accomplish all of your ...
Tasteful Calcutta show comes to Theater Row; Spice Fusion offers lively Indian food with touch of class; lunch a real bargain.(Spice Fusion)
May 05, 2008 ... It takes determination to locate the new Indian savory sleeper of the theater district, but Spice Fusion is worth the effort. Its tiny canopy seems even smaller adjacent to the Gray Line bus company marquee on Eighth Avenue. The value-packed vendor of lively food of the Asian ...
Executive Moves.(Business Lives)
May 05, 2008 ... Byline: sarah studley Accounting & Consulting AlixPartners: James Monastero, 48, joined as managing director. He was formerly chief people officer at BearingPoint. Capgemini: Christopher Williams, 48, joined as vice president and chief marketing officer, ...
The Weeks Ahead.(Business Lives)
May 05, 2008 ... Byline: adrianne pasquarelli this week's events May 6 Verizon Wireless holds conference on mobile convergence technology. 9 a.m. to 7 p.m., New World Stages, 340 W. 50th St. Free. (908) 626-8368. May 6 Score NYC holds seminar on ...
Calorie counting? Fat chance; Some eateries ignore new city rule; diners shrug off posted info.
May 05, 2008; ... Byline: LISA FICKENSCHER Courtesy of new rules that went into effect last week, diners at chain restaurants in New York were supposed to be told how much of a caloric punch their favorite foods pack--and to adjust their orders accordingly. It didn't quite work out ...
mother's day gift guidelines.(Business Lives)
May 05, 2008 ... Give gifts by stage. For moms celebrating a new arrival, try commemorative items like a framed sonogram or footprint. As kids get older, moms are desperate for downtime, like a day away at a spa. In the empty-nest stage, kids should visit and ...
Floating notes.(Business Lives)
May 05, 2008 ... Byline: adrianne pasquarelli Thirty-two years ago, Olga Bloom, 89, sought to change the face of chamber music. She created Bargemusic, a floating concert hall at the Fulton Ferry landing in Brooklyn, and has helped run it ever since. Creating the space Ms. Bloom moved ...
Dolans do it again to shareholders by mulling oddball offer for newspaper.(In the Markets)
May 05, 2008 ... Byline: Erik Ipsen Few managements generate more ill will among shareholders than Cablevision's ruling Dolan family. It was in classic form last week, mulling a $650 million bid for the struggling Newsday. On top of recent news that the city may allow Verizon to compete against ...
S. Bronx supermarket could get priced out; New owner raises rent at shopping mall; Key Food could be casualty.(Neighborhood Journal)
May 05, 2008 ... A fight is brewing in the South Bronx over the future of the Soundview neighborhood's largest supermarket, Key Food. Situated on Bruckner Boulevard at White Plains Road, the 30,000-square-foot grocery store may be forced to close when its lease expires at the end of the year. ...
SEEKING TOP SMALL BUSINESSES IN NEW YORK CITY; crain's AWARDS.(News)
May 05, 2008 ... Crain's seeks nominations for its 13th annual Small Business Awards. The six winners will have distinguished themselves by showing a pattern of growth in their businesses and contributing to their communities' quality of life. Firms must be for-profits that have been in business ...
A bigger Javits in boros a fantasy; Queens sites offer more space, but shows don't want to leave Manhattan.(New York International Auto Show)
May 05, 2008; ... Byline: Matthew Sollars An enormous dirt track that allowed customers to test-drive a Jeep was a big hit at the 2004 New York International Auto Show at the Javits Center. Camp Jeep, as the 45,000-square-foot exhibit was known, moved outdoors in 2007 because there was no longer ...
Imus' return less than earth-shattering; New show ranks below his old spot, program he replaced.(News)
May 05, 2008 ... Byline: Matthew Flamm Don imus may have a job, but he's not exactly setting the world on fire. The latest iteration of Imus in the Morning, which debuted on WABC-AM in December, ranked No. 20 among persons aged 25 to 54 in Arbitron's winter survey, which covers Jan ....
Meetings and more on the Web; www.crainsnewyork.com.(Meetings & Conventions Report)
May 05, 2008 ... Meeting Planners Guide Crain's guide provides key details on 23 conference centers, 148 hotels and 164 other venues for local business gatherings. To view the listings or to download this year's guide for free, go to the "Resources" section of www.crainsnewyork.com and click on "Plan a ...
Into the cookie jar: community pacts.(Viewpoint)(Viewpoint essay)
May 05, 2008; ... Byline: Alair Townsend Along with tulips and daffodils, this spring has brought an unusual number of political scandals involving sticky fingers in cookie jars. Former Assemblyman Brian McLaughlin was convicted of stealing $2.2 million, and former Assemblywoman Diane Gordon was ...
After merger, a moving experience; Savills Granite grows, finds bigger space on Lexington Avenue.(Catholic health Care System signed a 10-year lease for 16,300 square feet)
May 05, 2008; ... Savills granite is subleasing 18,000 square feet at 599 Lexington Ave., between East 52nd and East 53rd streets. The asking rent in the area is $71 a square foot. The real estate investment banking firm needed additional space to expand after the firm, formerly Granite Partners, ...
PARENTS FIGHT CITY HALL.(News)(Brief article)
May 05, 2008 ... the number of parents fighting to get their special-needs children into for-profit private schools on the Department of Education's dime has more than doubled in six years. Requests for tuition reimbursement rose from 1,519 in 2002-03 to about 3,675 in 2007-08, according to the latest DOE ...
Keeping their day jobs; Moonlighting musicians make the most of the Web.(consulting firm, DPCI)
May 05, 2008; ... Byline: ELISABETH BUTLER CORDOVA Nothing helps joseph bachana unwind from the stress of running his technology consulting firm, DPCI, better than tickling the ivories--especially when he's performing on stage for adoring fans. But the 44-year-old father of two has no ...
Investment begins to flow; Companies with cash find more affordable targets as economy softens.(News)
May 05, 2008 ... Byline: Samantha Marshall The timing couldn't be better for a major shopping spree as far as Gaurav Mirchandani is concerned. The Indian investor is hunting for office space and plans to buy at least two small tech firms to establish a beachhead in the United States. ...
Print vet moves into TV; Former magazine exec plans to boost ad sales at Plum network; strong luxury niche.(Business Lives)
May 05, 2008 ... Byline: Matthew Flamm Until he joined Plum TV last month, Rob Gregory had spent his entire career in magazines. But he has been prepped in other ways for his role as president of network sales and marketing at the niche cable network. Plum can be seen in only eight ...
Seeking the top employers.(Real Estate)
May 05, 2008 ... Do you work for one of the 25 best companies in New York City? If you think you do, nominate your company for Crain's New York Business' inaugural Best Places to Work competition. Anyone can nominate a company or get more information by visiting www.crainsnewyork.com/bestplaces ....
VENTURE DOLLARS KEEP COMING.(By the Numbers)
May 05, 2008 ... Byline: Source: PricewaterhouseCoopers and the National Venture Capital Association bucking a national trend, venture capital ...
Special-ed kids caught in financial fix; Needy cases, cost of services up; private schools' funds down.(News)
May 05, 2008 ... Byline: Samantha Marshall Stories of squabbles between parents and officials from the city's Department of Education over placements for special-needs children abound, but few are aware that the special-education private schools that often take these kids are facing their own ...
Business gatherings get responsible.(Meetings & Conventions Report)
May 05, 2008 ... The era of the socially responsible meeting has arrived, with companies hosting events that cast them in a fiscally, ecologically and politically correct light. Inspired by Michael Pollan's The Omnivore's Dilemma, Eric Schlosser's Fast Food Nation and Al Gore's An Inconvenient ...
Hot Jobs.(Business Lives)
May 05, 2008 ... Byline: andrew buck WANTED: Editorial Director, internet company Travelzoo Inc. JOB DESCRIPTION Produce all Web site content and develop Travelzoo.com MOST IMPORTANT TASKS Coordinate producers, product managers, IT staff and other departments ...
Mothers' little helper; CafeMom finds a winning online formula.(News)
May 05, 2008 ... Byline: AMANDA FUNG Cafemom will have a lot to celebrate this Mother's Day. After seven years of trying to develop a successful business model, it finally has one that's working. Following two false starts, the Manhattan firm transformed itself into a site ...
Hits & Misses; Fledgling Firms' key moves.(Small Business Report)(Kinetix Integrated Communications.)
May 12, 2008; ... Byline: Lisa Goff Sophisticated sell nets Latinos After three years working for a small ad agency that designed marketing campaigns targeting Hispanics, Paul Estevez knew what he did not want to do. Mr. Estevez, a Dominican-Peruvian who grew up in Washington Heights, ...
Law firm moving back office to Brooklyn; Based in GM tower, Weil Gotshal takes space at MetroTech to save money.(Real Estate)
May 12, 2008 ... Weil gotshal & Manges, which is headquartered in the General Motors Building, is moving its back-office operations to downtown Brooklyn in an attempt to cut costs. The law firm signed a 12-year lease for 35,000 square feet, the entire ninth floor, at 15 MetroTech, between ...
Hot Jobs.(Business Lives)
May 12, 2008 ... Byline: andrew buck WANTED: Global Media coordinator Organization United Nations Millennium Campaign JOB DESCRIPTION Create, expand and support the campaign's communications department MOST IMPORTANT TASKS Develop strategic communications ...
Web power from clouds; DoubleClick alums' 10gen helps site developers cut costs.(News)
May 12, 2008 ... Byline: Amanda Fung Doubleclick inc.'s former chief executive, Kevin Ryan, has a new company, 10gen, offering Web site infrastructure services at low cost. It marks his sixth Manhattan-based tech startup in the past three years. 10gen is a so-called cloud computing ...
Bed Bath & Beyond is looking bedraggled; Shun retailer's shares as collapsing housing market batters sales.(In the Markets)
May 12, 2008 ... Byline: Elisabeth Butler Cordova Two weeks after the slumping housing market pulled the rug out from under Linens 'n Things, hopes have evaporated that Bed Bath & Beyond Inc. can turn its archrival's bankruptcy into a minibonanza. Instead, investors have returned to ...
Brooklyn duplex: developer's dream; `Smart home' will include 6 rooms, 4 baths, roof deck.(Business Lives)
May 12, 2008 ... Byline: Alix Strauss Standing on the roof deck of The Ikon, a new condominium on Bayard Street in Williamsburg, the muscles in Elan Padeh's taut frame relaxed. "I was looking at McCarren Park, which is across the street, watching the runners on the track and thinking ...
SEEKING TOP SMALL BUSINESSES IN NEW YORK CITY; crain's AWARDS.(Small Business Report)
May 12, 2008 ... Crain's seeks nominations for its 13th annual Small Business Awards. The six winners will have distinguished themselves by showing a pattern of growth in their businesses and contributing to their communities' quality of life. Firms must be for-profits that have been in business ...
Zipping around NY; High oil, eco trends drive car-share service's success.(Business Lives)
May 12, 2008 ... Byline: Adrianne Pasquarelli My schachter used to pay $10,000 a year to maintain, insure and garage her tomato-red Volvo. As an independent management consultant making frequent trips to meet with clients on Long Island and in Westchester, the 54-year-old found it imperative to ...
BENEFICIARY OF BUST.(Small Business Report)
May 12, 2008 ... Hard times create real opportunities for some lawyers. A little over a year ago, David McGrail left a large bankruptcy firm to start a solo practice in midtown. With the economy chugging along, he switched to general corporate work, only to return to bankruptcy as ...
Small law firms feel pinch of economic slowdown; Clients want to minimize fees, avoid litigation.(Small Business Report)
May 12, 2008; ... Byline: Diane C. Hess In good times and bad, Americans turn to lawyers for all sorts of help. But in bad times, people are a lot less eager to race to court. Lisa Bluestein, a sole practitioner who works out of her home, is already noting the shift. "Clients know the ...
Shifting the NYC tech map.(Silicon Alley )(Brief article)
May 12, 2008; ... Byline: Andrew Marks Nearly eight years after New York's Silicon Alley went the way of the Internet bubble, a whole new generation of entrepreneurs is putting the city back on the tech map and generating not just buzz but jobs and revenues. They've set up cybershop ...
Linen maker gets into bed with hot designer; Collaboration brings fresh look, new customers to staid Matouk.(Small Business Report)(John Matouk and Company Inc.)(Financial report)
May 12, 2008; ... Byline: Steve Garmhausen As their customers age, consumer product companies constantly have to court younger shoppers. George Matouk Jr. knew that when he took over his family's bed linen company in 2002, though it took him a few years to execute a strategy. His ...
Seller beware.(Small Business Report)
May 12, 2008 ... Done right, a viral marketing campaign can be powerful tool for growing business. But for a small company, that may not be all good. Owners must devise contingency ...
New outpost serves up a hit; Katonah's Tengda serves delicious pan-Asian food; first-rate service team.(Business Lives)
May 12, 2008 ... Chinese-born restaurateur Jason Chen continues successfully building on a pan-Asian approach. Sushi strength and Thai tastes infuse six locations he's opened since 1999. Five are in Connecticut, but the Tengda Asian Bistro in Katonah, purportedly spurred by Westchester residents ...
Tending the Garden.(Business Lives)(Brief article)
May 12, 2008; ... Byline: adrianne pasquarelli Andrew Forstadt, 38, is always busy. As the vice president of special events at Madison Square Garden, he is responsible for booking nonsporting functions, including awards shows like the Grammys. Reaching a goal Ten years ago, while at ...
ring-ring: bike-buying tips.(Business Lives)
May 12, 2008 ... keep in mind where you're going and the way you'll be riding. A hybrid is good for commuting and even for training. Flat areas warrant road bikes. Folding bikes work well for the city. Though they're heavy and not very efficient, ...
The Insider.(Briefs)
May 12, 2008 ... Because nothing lasts forever Manhattan District Attorney Robert Morgenthau (left) still won't say if he intends to run for re-election in 2009, when he will be 90. But the bets are that he won't, and a long list of candidates is laying the groundwork to gain what many regard as ...
DOES THE DEATH OF EIGHT BELLES IN THE KENTUCKY DERBY MEAN THAT CHANGES ARE NEEDED IN HORSE RACING? CRAIN'S ONLINE POLL.(Viewpoint)
May 12, 2008 ... Number of respondents: 425 61% - I don't think the industry needs to be changed. Horse racing is a sport, and accidents happen. 24% - Horse ...
The right response to economic fear.(Viewpoint essay)
May 12, 2008; ... Byline: Greg David The most revealing moment of Robert Lieber's speech came with the emphasis on the word damn. Mr. Lieber, the rarely ruffled deputy mayor for economic development, was reiterating the administration's plan to push along development, zoning and land-use ...
POLITICAL SCANDAL The winners.(Briefs)
May 12, 2008 ... A late-night traffic stop in Virginia gave way to shocking revelations about Rep. Vito Fossella (below), derailing his career and throwing the carefully ordered political world of Staten Island into turmoil. Pulled over for running a red light in the wee hours of May 1, Mr. ...
7 tips for healthy viral marketing campaigns; Efforts spread the word exponentially.(Small Business Report)
May 12, 2008 ... Byline: Tina Traster Landy ung doesn't worry about getting the word out about her company, 8coupons.com, because she figures her customers will do it for her. They visit the site to download free coupons for restaurants, shops and salons in the East Village, West Village and the ...
WEEK IN REVIEW: Iron Man going strong.(Briefs)
May 12, 2008 ... Byline: from staff reports and bloomberg news reports Marvel Entertainment Inc.'s stock rose sharply after Iron Man, the first movie from its own studio, pulled in $201 million worldwide during its long-awaited opening weekend. The comic-book publisher wasted no time in ...