Crain's New York Business back issues from June 2008:
Best of Bob Lape.(Business Lives)(Restaurant review)
Jun 02, 2008 ... Following are four other fine choices for rib-sticking ribs. Four Food Studio and Cocktail Salon (3) www.fourfoodstudio.com 515 Broadhollow Road (Route 110), Melville, L.I. (631) 577-4444. New chef James McDevitt gives an Asian-American savory charge to the ...
Hudson City earns top ratings, but at end of day is still a thrift.(In the Markets)(Brief article)
Jun 02, 2008 ... Looks like Hudson City Bancorp, which Forbes recently named the nation's best-run bank, can't walk on water after all. Yes, profits are rising at a double-digit pace, pushing the stock up 34% over the last year. But they slipped 7% in May as investors noticed that, well-managed or not, ...
WAS THE MTA RIGHT TO STOP GIVING its BOARD MEMBERS FREE E-ZPASS TAGS? CRAIN'S ONLINE POLL.(Viewpoint)
Jun 02, 2008 ... Number of respondents: 354 80% Yes, abuses like this are the reason people don't trust the MTA 11% No, MTA ...
New York, New York.(Eagles concert )
Jun 02, 2008; ... Byline: edited by Valerie Block Small imprint has big hit Depending on who's reading What Happened: Inside the Bush White House and Washington's Culture of Deception, author Scott McClellan is either a traitor to his former boss or a hero for going public about what ...
Pols turning up the heat on builders; Industry fears crippling regs in wake of second fatal crane collapse.(News)
Jun 02, 2008 ... Byline: Erik Engquist And Daniel Massey The city's construction industry, already confronting a Buildings Department crackdown, will face even more scrutiny following Friday's crane collapse on the Upper East Side that killed two workers and severely injured another. ...
The race to succeed Morgy.(Briefs)
Jun 02, 2008 ... Manhattan district attorney candidate Leslie Crocker Snyder has rehired campaign strategist Doug Schoen and fundraiser Jackie Mishler from her 2005 campaign and launched www.snyderforda.com. She started fundraising for the 2009 race in mid-April and expects to have more than $200,000 on ...
Barbecue joint blazes on Park; All-green Wildwood offers plethora of `Q' styles in Rockwell-designed spot.(Cuisine Barbecue)
Jun 02, 2008 ... Move over, Daisy May, Dinosaur, Virgil and Blue Smoke: Wildwood is on fire. The new Steve Hanson extravaganza offers the most full-blown barbecue experience in town. Wildwood seats 222 in a hot and zesty urban-rustic setting--designer David Rockwell's first "Q'' endeavor. Its ...
Dairy cartons hold a secret.(Viewpoint)
Jun 02, 2008 ... One answer to why supermarkets are disappearing from the boroughs outside of Manhattan lies in the refrigerator case, where most cartons of milk come with two dates: a "legal for sale'' date for New York City and a later one for how long the milk can be sold everywhere else. ...
Hot Jobs.(Business Lives)
Jun 02, 2008 ... Byline: aaron elstein WANTED: Senior FUND of Hedge funds ANALYST COMPANY HSBC JOB DESCRIPTION Track hedge funds in which HSBC and its clients have invested; conduct research on funds the firm might invest in MOST IMPORTANT TASKS Help oversee ...
Reinventing with God's help; Last of the floor brokers attend church program to prep for new careers.(Wall St. Special Report)
Jun 02, 2008 ... Byline: Aaron Elstein Thousands of traders in colorful jackets packed the floor of the New York Stock Exchange as recently as three years ago. They provided for great television and served as a symbol of capitalism's vitality. But automation has swept away the vast ...
22,000 JOBS CUT, WITH MORE TO COME.(Wall St. Special Report)
Jun 02, 2008 ... Byline: AARON ELSTEIN In the past year, 22,000 New Yorkers who work on Wall Street have lost their jobs, according to a Crain's estimate. And far more blood-letting is to come. "I'm afraid we're not even halfway through the wave of layoffs,'' says Jonathan Jones, ...
Bare food pantries say no to needy; Donation-starved facilities cut back; a shifting clientele.(News)
Jun 02, 2008; ... Byline: Lisa Fickenscher Late last year, Tamar Auber was forced to turn away a family that had come to her Brooklyn food pantry for help. Since then, 647 other families have been turned away from the Fort Greene facility--not because they don't qualify for free food, but because ...
Theater group's next act; On the Leesh produces shows, licenses content.(Technology Report)(Brief article)
Jun 02, 2008 ... New york has always been home to a plethora of small theater companies staffed by people working stage magic on dime budgets. Now, a growing number of those companies are adding online video to their bag of tricks. One rising star in this category is On the Leesh Productions ...
The Insider.(Briefs)
Jun 02, 2008 ... Byline: Erik Engquist and Matthew Sollars Democrats poised to sweep into House Only four years ago, Republicans held 10 of New York's 29 seats in the U.S. House of Representatives. Next year, they might find themselves with just two. The GOP's lone House member in New ...
Quick rise to the big time; For Your Imagination puts celebrities on the Web.(Technology Report)
Jun 02, 2008 ... Just 18 months after founding For Your Imagination, Paul Kontonis wrapped up production on an online advertisement featuring Matthew Modine. By the measure of the celebrity-obsessed Internet, Mr. Kontonis' company has arrived. By business standards, it's well on the way. ...
Consumers take the stage; ExpoTV's reviewers prompt purchases.(Technology Report)
Jun 02, 2008 ... A carefully clipped young man waxes poetic about his shaver. A woman pants while explaining the difficulty of her basement exercise bike. A mom recommends sending bags of popcorn to college kids. Product reviews pepper the Web, but ExpoTV's are different. Generated by users, ...
An accidental host; Blip.tv goes from info management to original content.(Technology Report)
Jun 02, 2008 ... In the crowded world of online television networks, Blip.tv is breaking through as an easy-to-use platform for people creating online series. Popular shows such as Political Lunch, a brief, irreverent wrap-up of political news, consider the site, which hosts thousands of videos, home. ...
More than just social, networks grasp for profits; Doubts grow that most can become real businesses.(Technology Report)
Jun 02, 2008 ... Byline: Judith Messina Launched 10 months ago, social network JamNow attracts about 5,000 musicians monthly for interactive jam sessions. The vision and technical ingenuity behind its parent company, Lightspeed Audio Labs, helped the founders raise $2.5 million from investors. ...
Wedding season gift advice.(Business Lives)
Jun 02, 2008 ... When a couple goes to the effort of registering, do try to get them something from the registry. If the only item left is a spatula, combine it with other utensils into a nice gift basket from Williams-Sonoma. If the couple doesn't register, remember to give a gift that can be returned at ...
Correction.(Corrections)(Correction notice)
Jun 02, 2008 ... The ground-floor asking rent for the Rosie Pope Maternity store at 78 Greene St. was $160 a square foot. Yair Staav of The Lansco Corp. ...
Digital glass ceiling is fully intact; VCs' wariness, high-tech culture exclude women entrepreneurs.(Technology Report)
Jun 02, 2008 ... Byline: Amanda Fung In many ways, Courtney Hudson, founder of eight-year-old EmergingMed, is a typical tech entrepreneur. She works 80-hour weeks and is consumed with concerns about revenue growth and staffing. Ms. Hudson, 44, is atypical in that she is a woman. ...
Surviving Bear's collapse; Analyst lands a job, a few groups retained, most walk into the cold.(Wall St. Special Report)
Jun 02, 2008 ... Byline: Aaron Elstein And Daniel Massey In mid-march, Mark Brown had never felt better about his career prospects on Wall Street. After a two-year apprenticeship at Bear Stearns Cos., Mr. Brown had just been promoted to research analyst covering the oil industry. He ...
Another stink rises at Fresh Kills; Locals want a road through proposed park on former garbage dump site.(Neighborhood Journal)
Jun 02, 2008 ... Seven years after Staten Islanders won their long struggle to shut down the Fresh Kills landfill, a new battle is emerging that centers on plans for a park on the 2,300-acre site. This month, the city Parks and Recreation Department will hold a series of "listening sessions'' ...
Nielsen comes under fire; TV stations blame ratings slide on system, begin talking to competitors.(News)
Jun 02, 2008 ... Byline: Matthew Flamm New york's television stations are mad as hell at Nielsen Media Research. And after years of complaints about the monopoly that provides ratings data, local TV executives say they aren't going to take it anymore. Blaming a ratings slide on the ...
Rent regulation for Paterson era.(Viewpoint)
Jun 02, 2008 ... Byline: Greg David Rent regulation is the third rail of New York politics. Even politicians with the inclination to tackle other sacred cows have been reluctant to take on the system that holds down rents for some New Yorkers. Rudy Giuliani occasionally was critical ...
Hot spot for Web video; New firms opt for NY to take stories online; which ad models work?(Technology Report)
Jun 02, 2008 ... Byline: Karen J. Bannan A top online video company looking for a U.S. headquarters might be expected to pick Los Angeles, the traditional home of entertainment, or Silicon Valley, traditional home of tech. But for Joost, a European firm looking to reinvent television ...
NYRA expects record crowd at Belmont; Racing group corrals sponsors, hopes to draw 150,000.(News)
Jun 02, 2008 ... Byline: Hilary Potkewitz While triple crown contender Big Brown will be striving for a place in horse racing history at the Belmont Stakes on June 7, the New York Racing Association is hoping to achieve a victory of its own. NYRA executives are hoping to attract ...
The Weeks Ahead.(Calendar/Datebook)
Jun 02, 2008 ... Byline: adrianne pasquarelli this week's events June 3 Boomer Biz Events holds networking reception for baby boomers. 6 p.m. to 9 p.m., Bogart's Restaurant, 99 Park Ave., downstairs lounge. Fee: $12 members, $20 nonmembers. (212) 954-5297 or ...
TAX BREAKS Up for renewal.(Briefs)
Jun 02, 2008 ... Two of the city's key tax breaks for businesses are scheduled to expire June 30 and could be modified when--and if--they are renewed by the state Legislature. The Industrial and Commercial Incentive Program, or ICIP, cost taxpayers $409.5 million in fiscal 2007 and has been widely ...
Seeking New York's top employers; crain's special section.(Business Lives)
Jun 02, 2008 ... Do you work for one of the 25 best companies in New York City? If you think so, nominate your company for Crain's New York Business' inaugural Best Places to Work competition. More than 100 top New York companies have already entered the competition; don't be left out! Anyone ...
Group seeks Host businesses; exploring careers.(Briefs)
Jun 02, 2008 ... The Greater New York Councils' Exploring program is seeking businesses to host educational sessions offering high school students the chance to explore various industries and make better decisions about possible career choices. The Exploring program puts together groups of 15 to ...
Executive Moves.(Business Lives)
Jun 02, 2008 ... Byline: adrianne pasquarelli and sarah studley accounting & consulting Buck Consultants: Anthony Rienzi, 49, joined as principal. He had been senior vice president and regional health practice leader at The Segal Co. Holtz Rubenstein Reminick: Peter J ....
BUSINESSWOMEN WELCOME.(Business Lives)
Jun 02, 2008 ... The New Dickson Baseball Dictionary defines a "businessman's special'' as a "weekday baseball game played in the mid- to late afternoon that caters to salaried white-collar clientele who presumably get out of work for a few hours or want to entertain clients.'' Historians suspect it's a ...
New Yorkers love those gadgets; City dwellers shell out for latest devices, even in downturn.(Technology Report)
Jun 02, 2008 ... Byline: Elizabeth Berlinger The dutch philosopher Erasmus once said, "If I get a little money, I buy books, and if any is left, I buy food and clothes.'' New Yorkers may be able to relate, though their addiction of choice happens to be technology. Even as ...
Take me out of the office; Execs use any manner of excuse to get to a ballgame.(Business Lives)
Jun 02, 2008; ... Byline: DANIEL MASSEY The shining sun and 70-degree temperature convinced Spencer Soloway it was a perfect day for a checkup. Actually, that's what the 24-year-old assistant to a theater producer told his boss. Instead, he hopped on the No. 7 train to Queens one ...
Legal eagle soars higher; Paul Weiss vet brings younger perspective to chairmanship; prudent growth a must.(Business Lives)
Jun 02, 2008 ... Byline: Hilary Potkewitz As far as Brad Karp is concerned, there wasn't a whole lot of mystery surrounding the question of what he would be when he grew up. "My mom was a litigator, my dad was a litigator and my grandfather was, too,'' says the fit 48-year-old--who ...
Auctioneer weans itself off eBay; LiveAuctioneers turns to brand awareness, diversification as longtime partnership ends.(Small Business)
Jun 02, 2008 ... Byline: Shira Boss-bicak Six years ago, two Englishmen started a business in Manhattan linking auction houses and art buyers around the world via the Internet. The company, LiveAuctioneers, has since attracted 700 auction houses and handled millions of dollars in sales of art, ...
Devil's in targeted details.(Technology Report)(Brief article)
Jun 02, 2008 ... Targeted advertising holds many minefields for social networks, especially when it comes to privacy issues. Facebook learned that last year when it launched Beacon, a service that alerted members when their "friends'' made purchases online. Members and civil libertarians balked at the ...
Aeropostale prices, style deliver for investors; Teen retailer leaves peers in the dust; lack of debt a plus.(In the Markets)
Jun 02, 2008 ... Byline: Elisabeth Butler Cordova High schoolers hate to think about it, but the truth is that the back-to-school season is just around the corner. That's good news for teen clothier Aeropostale Inc., which is expected to post its usual spike in sales despite the slumping ...
WEEK IN REVIEW: MTA pulls freebie E-ZPasses.(Metropolitan Transportation Authority)
Jun 02, 2008 ... Byline: from staff reports and bloomberg news reports The Metropolitan Transportation Authority said that it would no longer issue free E-ZPass vehicle tags to past and current board members after New York Attorney General Andrew Cuomo called the practice illegal. The MTA had ...
Law firm hiring warrants more space; Houston-based Baker Botts adds more staff, expands at Rock Center.(Real Estate)
Jun 02, 2008 ... Law firm Baker Botts has expanded its footprint at 30 Rockefeller Plaza by taking an additional 20,000 square feet, for a total of about 80,000 square feet. The Houston-based firm already occupies the entire 44th and 45th floors, and the extra space comprises that part of the ...
Curtain call.(Business Lives)
Jun 02, 2008 ... Byline: hilary potkewitz As co-chair of the Latin America practice at law firm Latham & Watkins, Jose Fernandez, 52, is used to playing lead counsel. But it's his role as founder of the Latino International Theater Festival of New York that keeps him up nights--usually in the ...
Altria's final tap dance; Group cuts grants after move; leaves funding void.(News)
Jun 02, 2008 ... Byline: MIRIAM KREININ SOUCCAR linda shelton has known for a while that the day would come. But as the executive director of the Joyce Theater draws up next year's budget--the first one ever without a generous grant from the Altria Group--the reality of the loss of ...
At Deadline.(Late News)
Jun 02, 2008 ... Cash-strapped airlines are rushing to scoop up business travelers left jilted by Silverjet's abrupt shutdown. The United Kingdom-based airline, which operated two business-class-only flights daily between London and Newark Liberty International Airport, ceased operations without warning ...
SHOULD BARACK OBAMA CHOOSE HILLARY CLINTON AS HIS running mate? CRAIN'S ONLINE POLL.(Viewpoint)
Jun 09, 2008 ... Number of respondents: 480 Date of poll: June 4 41% No. She and Bill Clinton would overshadow Mr. Obama and make him appear weak 24% Yes. It would unify the Democrats and give them the best shot at ...
At Deadline.(Late News)
Jun 09, 2008 ... Shares of New York investment banks and retailers dropped sharply on Friday as the Dow Jones Industrial Average plunged 394.64 points--more than 3%--on bad economic news. Shares of Morgan Stanley dropped 8.5% to close at $40.81, and shares of J.P. Morgan Chase & Co., Goldman Sachs Group ...
U.S. News cuts schedule; No. 3 news title to publish biweekly beginning in 2009.(News)(Brief article)
Jun 09, 2008; ... Byline: Nat Ives U.s. news & world report, the longtime No. 3 weekly news magazine, will drop to a biweekly schedule next year, effectively ceding the troubled category to larger rivals Time and Newsweek, Advertising Age reports in today's edition. In an increasingly ...
Getting all juiced up; Peak demand looms as conservation efforts falter.(News)
Jun 09, 2008; ... Byline: matthew sollars New yorkers are expected to pay at least 13% more for electricity this summer than last, but that was the furthest thing on Dr. Carter Dillman's mind when he set out to buy an entertainment system last month. Dr. Dillman shelled out about ...
New fund for tech startups; NYC Seed to invest up to $200,000 per company; revenues aren't required.(News)
Jun 09, 2008 ... Byline: Amanda Fung Local tech entrepreneurs needing startup cash can turn to the city for help from a new fund called NYC Seed. Mayor Michael Bloomberg unveiled the initiative last week as part of a series of Internet Week events highlighting New York's growing tech ...
Internet tax law attacked in NYS; Retailers challenge law covering sales, cut off affiliations.(News)
Jun 09, 2008 ... Byline: Amanda Fung The legal assault on New York state's plan to collect sales taxes on Internet purchases continues to grow. Overstock.com Inc. last week filed a lawsuit challenging the law. The move followed a similar action by Amazon.com, which filed suit last ...
Posh spot glows on Central Park; South Gate offers contemporary, seasonal American in Jumeirah Essex House.(Business Lives)
Jun 09, 2008 ... Certain homegrown chefs merit keen attention wherever they wave their whisks. They often begin on the first rung of a restaurant ladder and work steadily upward, spending years learning and honing their craft in many kitchens before taking center stage. Kerry Heffernan is such a ...
WANTED: CHIEF FINANCIAL OFFICER.(Business Lives)
Jun 09, 2008 ... Byline: damian ghigliotty company Marsh & McLennan Cos. JOB DESCRIPTION Responsible for financial oversight of the world's largest insurance broker, with a market capitalization of $13.6 billion MOST IMPORTANT TASKS Supervising financial activities and ...
Mayor Mike and term limits.(Viewpoint)
Jun 09, 2008 ... New yorkers think Mayor Michael Bloomberg is doing a superb job, according to every poll taken in the past year, including one the mayor himself recently commissioned. If he were matched up against the likely candidates in the upcoming mayoral election, he'd come out on top, hands down ....
Private firms introduce genetic testing; Companies face strict laws in New York; critics have ethical concerns.(News)
Jun 09, 2008 ... Byline: Gale Scott Terry drotos had no idea what secrets her DNA might hold when she asked to have it analyzed by Navigenics Inc., a company that offers genetic testing to the general public. Ms. Drotos, 53, never met the woman who gave birth to her at age 14 in a home for unwed ...
SMALL BUSINESS AND MORE ON THE WEB.(Small Business Report)
Jun 09, 2008 ... Small business alerts Sign up for free custom e-mail alerts and be the first to know about the latest round of city incentives, key policy and legislative changes, and other news. Resources Get easy links to associations and government agencies that help small companies. ...
THE CHALLENGERS.(Business Lives)(Brief article)
Jun 09, 2008 ... As Apple prepares to debut its next phone, the field of competitors has become more crowded. Dash, available through T-Mobile, weighs in at $99.99 with rebates and has Wi-Fi capability and voice-activated dialing. Sprint's Samsung Instinct will be introduced within a ...
Calif. crane rules model for New York; Tough measures, no accidents and lower costs.(News)
Jun 09, 2008 ... Byline: Theresa Agovino Nineteen years ago, in the wake of a horrendous crane accident in San Francisco, California adopted the toughest safety regulations in the nation. Since then, buildings containing tens of millions of square feet have gone up across the state--all without ...
Upstate booster at ESDC; Paterson's choice for development chief is savvy but risky.(News)
Jun 09, 2008 ... Byline: Erik Engquist Gov. david paterson's choice for chairman of the state's development agency has some business leaders cheering--and others scratching their heads. In a clever yet perilous move, Mr. Paterson last week named M&T Bank Chief Executive Robert Wilmers to lead ...
P.R. battles airline cuts; Launches effort to spur travelers, air service from New York area airports.(News)
Jun 09, 2008 ... Byline: Hilary Potkewitz A government agency in Puerto Rico is pumping about $3 million into an aggressive campaign to encourage travel to the island and spur airlines to add flights from New York's airports to San Juan. The move is an effort to address service cutbacks due to ...
The Race to Succeed: Mike 2009.(Briefs)
Jun 09, 2008 ... The leak this week from Mayor Michael Bloomberg's camp about a possible attempt to extend his term exposed an internal division. Aides sometimes float stories to gauge public reaction to a controversial idea without taking ownership of it, but this looked more like an attempt to sabotage ...
Going by new book; Growth-minded publishers turn to younger, more practical leaders.(News)
Jun 09, 2008 ... Byline: Matthew Flamm Last week, the publishing world was shaken once again. Jane Friedman, chief executive of HarperCollins Publishers Worldwide, stepped down--just two weeks after another book business veteran, Peter Olson, left the chief executive position at Random House ...
New York, New York.(Briefs)
Jun 09, 2008; ... Byline: edited by Valerie Block Sweetshop hits the bottle Dylan's candy bar is coming of age. The kitschy Upper East Side sweetshop expects to start serving candy-flavored martinis and other cocktails in the coming weeks--as soon as its promised liquor license ...
The Insider.(Briefs)
Jun 09, 2008 ... Byline: erik engquist and matthew sollars Getting crumbs on medical malpractice When former Gov. Eliot Spitzer convened a task force to solve the problem of soaring medical malpractice costs, hopes ran high that he could achieve a breakthrough similar to the one he ...
Hits & Misses.(Patsy an italian restaurant has been evaluated )
Jun 09, 2008; ... Byline: Lisa Goff Cooking the old-fashioned way On west 56th street, a lonely relic of midcentury Manhattan nightlife survives. It is Patsy's Italian Restaurant, founded in 1944 by Naples native Pasquale "Patsy'' Scognamillo. Since then, it has had only three chefs: ...
Picture at new, smokeless Loews looks better, but still far from clear.(In the Markets)(Brief article)
Jun 09, 2008 ... Old Gold is gone. Following in the footsteps of erstwhile Marlboro-maker Altria, Loews is spinning off its big Lorillard tobacco unit. Investors have cheered, sending the shares up 21% in the past 3 months as they focus on all the good stuff this holding company owns--its offshore oil ...