Crain's New York Business back issues from August 2008:
SHOULD EMPLOYEES BE EXPECTED TO CHECK E-MAIL AFTER HOURS? CRAIN'S ONLINE POLL.(Viewpoint)
Aug 04, 2008 ... Number of respondents: 373 Date of poll: July 30 29% If employers want workers to check e-mail, they should reimburse them for the time involved 28% Employees must be willing to be ...
Hot Jobs.(Business Lives)(New York Power Authority)(Brief article)
Aug 04, 2008; ... Byline: damian ghigliotty WANTED: Chief Executive Organization New York Power Authority JOB DESCRIPTION Supervise and manage the business affairs of the NYPA, which operates 18 generating facilities and more than 1,400 circuit-miles of transmission lines ...
Best of Bob Lape.(Business Lives)
Aug 04, 2008 ... Restaurants that offer al fresco dining during the hot months: Monteverde at Oldstone Manor 4 stars www.monteverderestaurant.com 28 Bear Mountain Bridge Road (Route 6), Cortlandt Manor, N.Y. (914) 739-5000. Chef Neil Ferguson (Gordon Ramsay) and ...
Retailers play the top card; Cater to stylish, cost-conscious buyers as school season starts.(News)
Aug 04, 2008 ... Byline: Adrianne Pasquarelli To get on top in the tough economy during this back-to-school season, New York's apparel retailers are depending on, well, tops. With skinny jeans and plaid skirts a holdover trend, consumers are expected to simply freshen their wardrobes with new ...
Luxury at a high price; Pierre will charge $1,000 a night to recoup investment.(News)
Aug 04, 2008 ... Byline: joyce hanson The pierre hotel, the grande dame overlooking Central Park, is undergoing a massive face-lift. Unfortunately, the operation to restore the dowager's beauty is costing a lot more money and taking much longer than expected. When Taj Hotels Resorts ...
CBS aims for digital success with CNET; Counts on Web operations to offset ad downturn at TV and radio units.(News)
Aug 04, 2008 ... Byline: Amanda Fung With its eye on the future, CBS Corp. is betting on CNET to lead its digital efforts. CBS closed on its $1.8 billion acquisition of the network of technology news and video-game sites last month, finally declaring its commitment to its digital operations. ...
Whitney houses for sale; Museum to use money from 5 properties for building downtown.(News)
Aug 04, 2008 ... Byline: Theresa Agovino The whitney museum of American Art is looking to sell five townhouses next to its location on Madison Avenue that were slated to be part of its controversial proposal, now defunct, to expand on the Upper East Side. A spokesman says the Whitney ...
The Weeks Ahead.(Business Lives)(Calendar)
Aug 04, 2008; ... Byline: sarah studley This Week's Events August 5, 19 Manhattan Review holds workshop on M.B.A. admissions. 7 p.m. to 8:30 p.m., Graybar Building, 420 Lexington Ave., suite 2310. Free. (212) 997-1660 or office@manrev.com. August 5 ...
At Deadline.(Late News)
Aug 04, 2008 ... Some of New York's best-known restaurateurs--and The Donald--are preparing bids to take over the space occupied by Tavern on the Green, the city's top-grossing restaurant. The New York City Department of Parks & Recreation, which officially oversees the city-owned property, is readying a ...
WEEK IN REVIEW: KKR skipping IPO to go public.(Briefs)
Aug 04, 2008 ... Byline: from staff reports and bloomberg news reports Private equity firm Kohlberg Kravis Roberts & Co. confirmed plans to go public on the New York Stock Exchange through a takeover of its Amsterdam-listed investment fund, KKR Private Equity Investors. Executives will retain ...
TIPS TO KEEP A COOL HEAD.(Business Lives)(Brief article)
Aug 04, 2008 ... Byline: penny donnenfeld, psychologist To keep an argument from getting too heated, do something that removes you from the immediate situation and gives some extra perspective. Drink a glass of water or wash your face to cool down. Never argue in front of the children, and ...
Tony seafood firm files Ch. 11; Labor action cripples Wild Edibles; others in industry under pressure as well.(News)
Aug 04, 2008 ... Byline: Lisa Fickenscher One of new york's best-known seafood purveyors has filed for bankruptcy, done in by a bitter labor dispute that is one of a growing number of such confrontations affecting local restaurants and food sellers. Wild Edibles--the owner of four ...
In volatile week, Big Blue ranks as island of stability once again.(In the Markets)
Aug 04, 2008 ... For an old company, IBM is awfully good at growing. The last time its quarterly earnings failed to rise at a two-digit pace was a year and a half ago. The last time profits actually dipped was in 2002. Growth is strongest in emerging markets. Services provide the bulk of revenues, but ...
New $tadium widens lead in $tandings; Yankees' revenues to double; pity the poor Red Sox.(Business of Sports Report)
Aug 04, 2008; ... Byline: Aaron Elstein in 1973, George Steinbrenner paid $10 million to buy the New York Yankees, a team now worth $1.3 billion, according to Forbes. His heirs have a chance to coin money much faster once the team moves into its new stadium next year. The team's ...
The Insider.(Briefs)
Aug 04, 2008 ... Byline: Erik Engquist and Matthew Sollars Union swings into gear to block big box The newest front in unions' war against big-box stores is about to erupt in Brooklyn. The United Food and Commercial Workers Local 1500, which represents supermarket ...
Guggenheim Foundation growing; Museum's parent expands space at Hudson Square headquarters.(Real Estate)
Aug 04, 2008 ... The solomon r. Guggenheim Foundation is expanding at 345 Hudson St., bringing its total occupancy in the building, between King and Charlton streets, to 63,000 square feet. The foundation already has the entire 12th floor and signed an eight-year lease for 13,000 square feet on ...
Getty's go-getter.(Business Lives)(Mike Lawrie of Getty Images Inc.)(Brief article)
Aug 04, 2008; ... Byline: amanda wheat Mike Lawrie, 26, came to New York City from Ohio four years ago as a bike messenger. Today, as the field photo editor for Getty Images, Mr. Lawrie is a different kind of courier. He is the link between the photographer and the world. The Passion ...
LETTERS: Why the city needs a Wal-Mart.(Viewpoint)
Aug 04, 2008 ... Store would fill grocery gap stuart appelbaum's July 28 letter, "City doesn't need Wal-Martization,'' requires a response. New York City residents need Wal-Mart more than ever. Gas prices are well over $4 per gallon, inflation is on the rise, and there are a ...
Artist's estate inspires eatery; Olana offers visually appealing, great- tasting American food; drippy water service.(Business Lives)(Restaurant review)
Aug 04, 2008 ... Chef albert Di Meglio, born and raised on Staten Island, brings a world of experience, passion and artistry to Olana, his new restaurant on Madison Avenue. Chef Di Meglio's work with food at home dates from age 2. His career chart cites teenage toil in a pizzeria, then New York ...
Giants victors, awaiting the spoils; Being champs OK, but stadium is key to higher revenues.(Business of Sports Report)
Aug 04, 2008 ... Byline: Hilary Potkewitz They may be the National Football League champs, but the New York Giants barely make the league's list of 10 wealthiest teams. Valued at roughly $970 million, the team is No. 8, far behind the Dallas Cowboys and Washington Redskins, each worth ...
Good Paterson, Bad Paterson.(Viewpoint)(David Paterson)(Viewpoint essay)
Aug 04, 2008 ... The drama playing out in albany over the state's growing budget crisis presents voters with an intriguing political question. How should they evaluate a politician who says all the right things and tries to do the right thing, but who has very limited success? The person who ...
New York, New York.(Briefs)
Aug 04, 2008 ... FT sharing wealth stateside The Financial Times will bring its new high-end magazine, FT Wealth, to the United States in September, according to an insider. The London-based newspaper introduced the glossy quarterly, which targets the world's richest 1%, overseas in ...
Correction.(Corrections)(Correction notice)
Aug 04, 2008 ... The phone number for The Waverly Inn & Garden is (212) ...
Developer's rooftop rink a cool addition for Queens; City Ice Pavilion to open in October; marketing efforts reach into Manhattan.(Neighborhood Journal)
Aug 04, 2008 ... Frost will come early this year to Long Island City, Queens. The owners of a three-story building there have begun work on a dome-enclosed ice rink that they hope to open by October. The rooftop rink will be called the City Ice Pavilion. Built to National Hockey League specifications, ...
New musicals for Broadway; Production company has three shows in development; investors sign on.(Neighborhood Journal)
Aug 04, 2008 ... Byline: Miriam Kreinin Souccar Broadway is about to get an infusion of large-scale musicals. Theater producers Ben Sprecher and Louise Forlenza have formed a company to develop and produce new musicals for Broadway, the road and international stages. Global Broadway ...
Christie's bids on design; Auction house offers furniture, other objects; prices lower than for paintings.(News)
Aug 04, 2008 ... Byline: Miriam Kreinin Souccar Christie's is launching an auction dedicated exclusively to works by contemporary designers. The sale, which will take place Sept. 8, will include furniture and other objects by some of the most important designers living and working ...
Medco Health's shares perfect recession antidote; Pharmacy benefits manager uses leverage to help clients cut costs.(In the Markets)
Aug 04, 2008 ... Byline: Theresa Agovino For the makers of blockbuster drugs, these are hard times. Faced with patent expirations and pricing pressures, their stocks have swooned. Happily, Medco Health Solutions is one health care stock that is living up to the sector's reputation ...
Working the hotel room; Union's new political director uses people skills, sense of justice to promote agenda.(Business Lives)
Aug 04, 2008; ... Byline: Lisa Fickenscher After neal kwatra arrived in New York several months ago to take a job with the hotel union, it didn't take him long to get chummy with the power brokers in city politics. At a party of labor movement leaders, attorney Kevin Finnegan expected ...
FREE TRIALS OF ONLINE NEWSLETTERS.(News)
Aug 04, 2008 ... Crain's offers readers free two-week trial subscriptions to its daily online newsletters, Crain's Health Pulse and The Crain's Insider. Pulse deals with the business of health care. An annual subscription is $319. The Crain's Insider covers political gossip and government and ...
Season of the spat; Tempers flare as temperatures rise in summer.(Business Lives)
Aug 04, 2008; ... Byline: Samantha Marshall If there's one thing Yandouba and Daniel Monahan can agree on, it's this: Nothing beats a brisk hike up the hills of the Hudson Valley on a bright July day. But the moment the pair sets foot on the trail, the bickering begins. "My husband ...
Mets' new base completes return to respectability; Revenue expected to rise 30% with Citi Field; faithful fans could be priced out.(Business of Sports Report)(New York Mets)(Philadelphia Phillies )
Aug 04, 2008; ... Byline: Daniel Massey The talk in a front-row loge box at a recent Mets game against the Philadelphia Phillies wasn't about the battle for first place between the two teams. Instead, fans in the choice location behind the plate conversed about a different kind of struggle: how ...
So many ways to cut state budget.(Viewpoint)
Aug 04, 2008 ... Byline: Alair Townsend New york state, New York City and the Metropolitan Transportation Authority are heading into a fiscal tsunami that will leave them awash in red ink. It's ugly and getting uglier. In Albany, Gov. David Paterson is projecting budget gaps totaling an ...
2008 Watch.(Briefs)(Brief article)
Aug 04, 2008 ... It will take the addition of just one Democratic state senator to oust Republicans from their sole remaining stronghold in New York. Senate Minority Leader Malcolm Smith (below) is so confident about the prospects that he's willing to name the three Republicans he will defeat, says no ...
Paterson Watch.(Briefs)(Brief article)
Aug 04, 2008 ... Political consultants have some advice for Gov. David Paterson, whose efforts to force the Legislature to deal with the state's budget crisis have been mostly ineffective. Bill Cunningham says the governor should lead by example and sharply pare the executive chamber budget ....
outdoor Dining is a breeze.(Business Lives)
Aug 04, 2008 ... enjoy the summer sun and have a burger at Wollensky's Grill on East 49th Street, or for a more formal meeting, reserve a table on the terrace at Jean Georges, which overlooks Central Park and has a fixed lunch price of $24. For larger parties, check out the Sea Grill, which offers ...
Kafka meets john Belushi.(Small Business)
Aug 04, 2008 ... Transcripts like this one from a 2004 hearing before Administrative Law Judge Frederick Joseph, which reads like a Saturday Night Live skit, helped push through Environmental Control Board reforms, including a translation service. Vendor Munnu Dewan, from Bangladesh, was accused of having ...
$133 billion humble pie; Tracking Wall Street's meltdown.(News)
Aug 04, 2008 ... Byline: aaron elstein The bad numbers keep piling up. When Merrill Lynch & Co. sold most of its portfolio of collateralized debt obligations last week in a fire sale, it was forced to take another $5.7 billion in write-downs and raise $8.5 billion in capital--adding to the ...
Executive Moves.(Business Lives)
Aug 04, 2008 ... Byline: sarah studley Accounting & Consulting BDO Seidman: Michael Burke, 37, was promoted to partner from senior manager. Irina Gershengoren, 30, was promoted to partner from senior manager. Cornerstone Accounting Group: Stan Perla, 65, was ...
Law to streamline 'kangaroo court'; Owners have lost thousands fighting ECB violation notices over the years.(Small Business)(Environmental Control Board,)
Aug 04, 2008; ... Byline: Fran Hawthorne To fight a summons for having his vending cart too close to a crosswalk, Cheikh Fall had to shut down for an entire day last November. He waited several hours at the NYC Environmental Control Board, but the issuing officer didn't show up. The hearing was ...
Best of Bob Lape.(Business Lives)(Restaurant review)
Aug 11, 2008 ... More recently reviewed spots that will add spice to your life: Bengal Tiger 3 stars www.bengaltiger1.com 144 East Post Road (between Court Street and Mamaroneck Avenue), White Plains. (914) 948-5191. Simson Kalathara's 33-year romance with White Plains ...
2008 AWARD WINNERS.(Small Business Report)(Brief article)
Aug 11, 2008 ... Everyone knows that entrepreneurs must be willing to take risks. Crain's Small Business Award winners this year have another vital quality: fortitude. They found ways to keep their firms going in the face of trials that included a four-year environmental cleanup, labor strife and the ...
Sporting reader sends a mom to China; Crain's story helps Olympian's mother do the long jump.(News)
Aug 11, 2008; ... Byline: Amanda Wheat When 23-year-old Olympic athlete Taraje Williams-Murray, a Bronx native, competes in the judo competition in Beijing this week, his biggest cheerleader will be on hand to support him. As of a few weeks ago, that wasn't going to be the case. Mr ....
NOT SO FAST ...(Business Lives)(Brief article)
Aug 11, 2008 ... Travelers to the Olympic Games in Beijing can't even get off the ground without a tourist visa. Unlike those attending the last Summer Olympics in Athens, where Americans could enter and leave the country unannounced, travelers to this year's games needed to submit their ...
BROADWAY BABIES.(News)
Aug 11, 2008 ... The fall Broadway lineup includes some epic new musicals and star-studded plays. The first major opening is A Tale of Two Cities, a musical based on Charles Dickens' novel. Previews begin Aug. 19, and the show opens on Sept. 18. But a number of productions bowing later are ...
Firms gear up for costly shipping; Hire logistics experts, use own trucks to cope with fuel prices.(Small Business Report)
Aug 11, 2008; ... Byline: Joyce Hanson Ben barber has been manufacturing fancy linens in Brooklyn since 1974, but this year he has started to see his suppliers adding a new line item to their bills: fuel surcharges that have raised his ground shipping costs 20%. "Everybody has raised ...
KEEPING SCORE.(Business Lives)
Aug 11, 2008 ... Number of airlines that fly nonstop from New York to Beijing 4 ...
New York, New York.(Briefs)
Aug 11, 2008; ... Byline: Valerie Block Law firm Trumps up charges Donald trump's company will be featured in a new a reality show of sorts, but he certainly won't judge the proceedings. On Aug. 27, the firm will face off against a tenant over a rent dispute at The Trump Building at ...
Who needs Broadway? More shows opt out of runs here, head straight for the road.(News)
Aug 11, 2008 ... Byline: MIRIAM KREININ SOUCCAR New yorkers who were waiting to see Melissa Gilbert's heralded comeback in the popular new musical Little House on the Prairie will have to book a flight to catch her performance. The producers of the musical--which is breaking ...
MInding your manners.(Business Lives)
Aug 11, 2008 ... practicing business etiquette is crucial in professional situations. Always wait until the end of a meal to exchange business cards. Order the same number of dishes as your guest, and never ask to split an entree or dessert. Make sure the coat check ...
School bells to ring on lower B'way; City carves space at Sports Museum building to house high school in '09.(Real Estate)
Aug 11, 2008 ... The city School Construction Authority has reached an agreement to lease 136,500 square feet at 26 Broadway, between Beaver Street and Exchange Place. The deal comes at a time when there are a growing number of large blocks of space on the market. The SCA is taking the fourth, ...
LETTERS: Readers reject airlines' pillow talk.(Viewpoint)
Aug 11, 2008 ... It would be better for airlines to simply raise the fares. (See Crain's Online Poll, Page 11.) All this nickel-and-diming is aggravating, to say the least. The checked-baggage fees are especially irksome, if not discriminatory, to elderly women like myself who cannot lift a bag into and ...
Economic omens: 1987, the sequel?(Viewpoint)
Aug 11, 2008; ... Byline: Greg David In 1988, the most influential real estate landlord in the city, Lew Rudin, called up then-Publisher Alair Townsend in a foul mood. "What is Crain's trying to do,'' he complained, "talk New York into a recession?'' A few weeks ago, two of the city's leading ...
The value of common stocks.(Viewpoint)
Aug 11, 2008 ... State comptroller Thomas DiNapoli wants the authority to increase the percentage of the state pension fund that is allowed to be invested in private equity deals, hedge funds and real estate from the current 25%. He argues that the returns from those alternative investments have far ...
The Insider.(Briefs)
Aug 11, 2008; ... Byline: erik engquist and matthew sollars Gas prices drive commuters to switch Commuters who are abandoning their cars are boosting virtually every form of mass transit, with the biggest increases seen on express buses and ferries. Newly compiled data by ...
MANUFACTURER FINDS FORTUNE IN ASIAN FOOD; Sales in ethnic, mainstream grocery stores propel firm.(Small Business Report)
Aug 11, 2008 ... Byline: cara s. trager Being an entrepreneur in the food industry means having the confidence to trust your own instincts--right down to your taste buds. As chief executive of TMI Food Group Inc., an Asian food manufacturer, Terry Tang samples all potential new offerings. ...
DESIGNER SCALES UP TO BE NATIONAL BRAND; Turning a company inside-out for Target.(Small Business Report)(Christiane Lemieux of DwellStudio )
Aug 11, 2008; ... Byline: tina traster Ten p.m. often finds Christiane Lemieux bent over a drafting table in her SoHo office, toward the end of another 15-hour day. The owner of design firm DwellStudio launched a housewares and baby collection at Target in January. She has spent the past year ...
Kosher superstore coming to Brooklyn; Arrival of Pomegranate could prompt battle with other Midwood markets.(New Supermarkets)
Aug 11, 2008 ... Byline: Joyce Hanson A brooklyn-based independent grocer is opening a store in Midwood that emulates Whole Foods--with a kosher twist. Pomegranate occupies an entire block on Coney Island Avenue at Avenue L. The 20,000-square-foot space has been under construction for ...
Whole Foods has appetite for Big Apple; Company leases Upper East Side location; will be 8th store in city.(New Supermarkets)
Aug 11, 2008 ... Byline: Adrianne Pasquarelli The recession may be taking a bite about of Whole Foods elsewhere in the country, but New York remains the apple of the company's eye. The Austin-based company just signed a lease for its first Upper East Side location, at 250 E. 57th ...
Chinese bank wins nod for NY branch; Other banks based in China expected to open here soon; a sign of maturity.(New Supermarkets)
Aug 11, 2008 ... Byline: Samantha Marshall After a 15-year delay, the Federal Reserve last week gave the green light to China's biggest lender, the Industrial and Commercial Bank of China, to open a branch in Manhattan. The approval is likely to mark the beginning of a wave of Chinese bank ...
Starwich out of bread; Sandwich shop files for Chapter 11 in stunning reversal.(News)
Aug 11, 2008 ... Byline: Daniel Massey Starwich, the pricey sandwich shop that just two years ago had visions of making pulled duck and pomegranate-glazed chicken staples of New Yorkers' diets, has filed for protection from creditors under Chapter 11 of the bankruptcy law. The owners want to ...
Web becomes vehicle to create best-sellers; Blogs and podcasts replace traditional marketing.(News)(The Prosecution of George W. Bush for Murder )
Aug 11, 2008; ... Byline: MATTHEW FLAMM After it was published in may, The Prosecution of George W. Bush for Murder received no mainstream coverage. Maybe the media avoided the nonfiction title because of its controversial stance, or they figured people had tired of hearing about an unpopular ...
Theater eatery nails Nawlins; Bourbon Street features Cajun-Creole food, including gator; servers are forgetful.(Bourbon Street Bar and Grille)(Restaurant review)
Aug 11, 2008 ... A stuffed alligator crowns the busy bar in the atmospheric new Bourbon Street Bar and Grille on New York's Restaurant Row. There is alligator on many plates, too--Buffalo alligator. The toothsome gator is but one entertaining item amid the sturdy New Orleans Cajun-Creole cuisine ...
2008 Watch.(Briefs)(Brief article)
Aug 11, 2008 ... Assembly Speaker Sheldon Silver, a 32-year Albany veteran, unveiled a campaign Web site last month that drew praise even from his opponents. The highlight was a Google map showing all of the projects Mr. Silver has brought to his district. But Andrew Rasiej, founder of the Personal ...
Banks' silver lining; Interest income soars with lending to finance bonds, bets against banks.(News)
Aug 11, 2008 ... Byline: Aaron Elstein Last month, Citigroup Inc. reported its third consecutive quarterly disaster, writing down $7 billion in mortgage-related securities and booking a $2.5 billion loss. It could have been far worse. Underneath all the bad news was a staggering ...
Favre's Financial Stats.(News)
Aug 11, 2008 ... the new york jets' unexpected acquisition of legendary quarterback Brett ...