Crain's New York Business back issues from October 2008:
Hot Jobs.(Business Lives)(Howe-Lewis International)(Brief article)
Oct 06, 2008; ... Byline: miriam kreinin souccar WANTED: director organization Sotheby's Institute of Art JOB DESCRIPTION Running a graduate school for students interested in working in the commercial art world MOST IMPORTANT TASK Expanding enrollment to a ...
Real Estate on Crain's Web Site.(Real Estate Report)
Oct 06, 2008 ... Tuesday e-mail Sign up today for Crain's Real Estate Insider, a weekly e-mail newsletter featuring the latest deals, events and personnel moves in one of the hottest industries. To register, go to www.crainsnewyork.com/signup. Breaking news E-mail alerts keep you up-to-date on ...
Free trials of crain's online newsletters.(News)(Crain Communications Inc.)(Brief article)
Oct 06, 2008 ... 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 supplies information on mergers, contracts, executive appointments, and legislative developments in ...
Best of Bob Lape.(Business Lives)(Brief article)
Oct 06, 2008 ... More pit stops for the casual set. Wildwood Barbeque (21/2) www.brguestrestaurants.com 225 Park Avenue South (at East 18th Street), Manhattan. (212) 533-2500. In a playful urban-rustic setting designed by David Rockwell, former NYC motorcycle ...
fall tv season picks.(Business Lives)(Editorial)
Oct 06, 2008 ... I'm excited about the return of series, like Dirty Sexy Money and Gossip Girl, that weren't on for long because of the writers' strike. Fringe, Dollhouse and Life on Mars are a few of the promising new programs. People are looking for a strong comeback from 24, which had a weak outing ...
BROKERS' NEW GIG.(Real Estate Report)
Oct 06, 2008 ... With the economy faltering and deal volume sagging, a growing number of real estate brokers are taking up a new line of work--helping banks and developers cope with financial indigestion. "The real estate brokerage community is shifting gears from real estate sales to brokering ...
Financial panic takes new prisoners.(Viewpoint)
Oct 06, 2008 ... Byline: Greg David When what we used to call the credit crisis struck in August 2007, I had an unusual perspective on events. A 34-year-old I know, a rising trader and finance executive at a global company, found himself in the middle of the maelstrom as he fought to keep his ...
Should Mayor Bloomberg seek a third term? CRAIN'S ONLINE POLL.(Viewpoint)
Oct 06, 2008 ... 417 VOTES Date of poll: Oct. 1 40% Yes. Given the Wall Street crisis, the city needs the mayor's business acumen more than ever 15% Yes. None of the other candidates who have expressed an interest in ...
New York, New York.(News)(book selling ranking)(water taxi services)(Editorial)
Oct 06, 2008; ... Byline: edited by Valerie Block Bears threaten best-sellers The wall street crisis has taken a toll even on the mighty Bob Woodward (left), whose latest account of the Bush administration, The War Within, failed to hit the No. 1 spot on The New York Times' ...
All business.(Business Lives)
Oct 06, 2008 ... Byline: sarah studley Susie Gharib, 57, loves to ask tough questions. As co-anchor of PBS's Nightly Business Report, she's on the floor of the New York Stock Exchange every working day. print past Born in New York, Ms. Gharib earned a master's in international ...
Top chef gets back to kitchen; Colicchio to cook at new spot open every other Tuesday.(News)(Craft restaurants)(Brief article)
Oct 06, 2008; ... Byline: Lisa Fickenscher Tom colicchio's clutch of Craft restaurants are getting a part-time sibling. But the noted chef is leaving Craft out of the name on the latest outpost, calling it Tom: Tuesday Dinner. The spot will open Oct. 14 in the private dining room of ...
The long road to Nov. 3, 2009.(Viewpoint essay)
Oct 06, 2008 ... Every day, some arm of the federal government takes an unprecedented step to stem the financial crisis that threatens to plunge the nation, if not the world, into the worst economic downturn since the Great Depression. That's primarily the reason the city's most stalwart supporters of ...
Owners sweeten menus with deals; Pare back prices, start happy hours; Americans scarce.(The Crisis Continues)
Oct 06, 2008 ... Byline: Lisa Fickenscher In may, Jim Botsacos closed his midtown restaurant, Abboccato, for three days. He changed the lighting and upholstery, scratched the white tablecloths and the servers' black vests and--most important--slashed his menu prices by 40%. "People ...
Halloween stores expect treats; More shoppers plan to celebrate; Miss Alaska popular.(News)(Brief article)
Oct 06, 2008; ... Byline: Adrianne Pasquarelli New york retailers are hoping the sudden surge of interest in Miss Alaska costumes will scare up Halloween sales this year and provide a respite from the financial worries sweeping the city. Nearly 3% more shoppers plan to celebrate ...
High Line elevates far West Side; Innovative park spurs development in once-forlorn area.(Real Estate Report)
Oct 06, 2008; ... Byline: Andrew Marks People almost had trouble getting to Craftsteak on 10th Avenue to attend the annual gala benefit for High Line park last month. Formerly gritty, deserted sidewalks were thronged with restaurant-goers making their way to such establishments as Del Posto and ...
HUDSON R. PARK DRAWS CROWD.(Real Estate Report)(Brief article)
Oct 06, 2008 ... When work was still under way on the first section of the West Side's five-mile-long waterfront park in 2003, officials of the Hudson River Park Trust wondered how the public would react to having easy river access, as well as amenities that included ballfields, boathouses and dog runs. ...
TIDE RISING ON BROOKLYN PIERS.(Real Estate Report)
Oct 06, 2008 ... Twenty-two years after plans were unveiled for a 1.3-mile-long park along the East River below Brooklyn Heights, work is under way. The first section is expected to open late next year and the last in 2012. Already, there is little doubt about the almost-magical effect the park has had on ...
Spec towers sans tenants weigh heavily on market; Fresh space coming on stream just as firms downsize in bad times.(Real Estate Report)
Oct 06, 2008 ... Byline: Steve Garmhausen With its shimmering glass-curtain wall, prime location in the Plaza district and thoroughly green design, Macklowe Properties' nearly completed office tower at 510 Madison Ave. qualifies as a genuine jewel. There's just one element that the ...
Week in Review: Latest Pier 40 plan rotted.(Briefs)(joint venture between Urban Dove and CampGroup)(Ciena Capital filed for bankruptcy reorganization)(American International Group Inc. mergers with London City Airport )
Oct 06, 2008 ... Byline: from staff reports and bloomberg news reports A last-ditch effort to find a developer for Pier 40, a crumbling structure in TriBeCa, fizzled when two interested groups failed to meet criteria set by the Hudson River Park Trust. A joint plan by nonprofit Urban Dove and ...
Tightening credit markets stymie small businesses; Expansion plans put on back burner as loans become scarce.(The Crisis Continues)
Oct 06, 2008 ... Byline: Daniel Massey Cibao meat products' three beat-up delivery trucks spend more time in the garage getting repaired than on the road carting salamis. Vice President Edgar Soto would like to replace them with two new 26-foot refrigerated vehicles, but he knows that now is not ...
The Insider: DOMINO EFFECT DISRUPTS RACES DOWN THE BALLOT.(Briefs)
Oct 06, 2008 ... Byline: Erik Engquist and Matthew Sollars Mayor michael bloomberg's announcement that he intends to change the city's term limits law and seek a third term changes the dynamics of dozens of races next year. Here's a rundown of what would happen in various contests: ...
Firm sets sites on venue-based ads; Becomes major player in new category: touting brands on ski slopes, airplane trays.(Small Business)
Oct 06, 2008 ... Byline: Maya Kremen Early this year, when Brian Martin was looking for a major investor in his marketing business, Brand Connections, he thought he'd garner 10 offers at the most. Revenues for the seven-year-old company--which coordinates companies' advertising ...
Office tenants catching breaks; Owners renegotiate, offer incentives as market worsens.(News)
Oct 06, 2008 ... Byline: Theresa Agovino After years of landlords dictating lease terms--ratcheting up rents at regular intervals--the tide is turning in tenants' favor, and David Dusek knows it. Two weeks ago, the emboldened broker asked a landlord to shave $5 off the agreed-upon ...
Theater district gets new `joint'; 5 Napkin Burger goes heavy on the chuck; skip sauce on naked patty.(Business Lives)(Nice-Matin)
Oct 06, 2008; ... Byline: bob lape The most eye-catching item at Nice Matin on the Upper West Side--the 5 Napkin Burger--is now the name of a new theater district eatery. Imagine a burger so jaw-challenging, succulent and loaded with luscious accessories that it might require five ...
Owners opt for rentals over sales; With buyers scarce, leases provide way to generate needed project cash flow.(Real Estate Report)
Oct 06, 2008 ... Byline: Wendy Davis When developer Michael Waldman put his new luxury apartments in East Harlem on the market last year, he expected them to fetch close to $1 million apiece. When buyers instead balked at the price, which worked out to roughly $600 a square foot, Mr ....
Runway fans' dilemma; Don't like L.A. move, but need their weekly fix.(Business Lives)
Oct 06, 2008 ... Byline: Kira Bindrim Don't tell her boss, but Kim Bassalian wasn't home sick on Sept. 12. The 25-year-old graduate student and part-time teaching assistant was at Mercedes-Benz Fashion Week, where she sweet-talked her way into a lounge at one of the tents to watch Project ...
Executive Moves.(Business Lives)
Oct 06, 2008 ... Byline: sarah studley Accounting & Consulting Geller Family Office Services: Pamela Blechman, 41, was named relationship manager, a new position. She was formerly managing director at Foundation Source. Milestone: Douglas McGann, 39, was named partner. He ...
Rating agencies calling the shots; After subprime fiasco, credit cops bounce back; life-and-death power.(The Crisis Continues)
Oct 06, 2008 ... Byline: Aaron Elstein With the financial system prostrate and the titans of Wall Street in full retreat, power is being seized by a group of number crunchers paid a fraction of the banking world's Armani-clad alpha males. The new masters of the universe are the ...
THE IMPACT OF THE CHAOS.(News)
Oct 06, 2008 ... Wells Fargo & Co. trumped Citigroup Inc.'s fire-sale bid for Wachovia Corp.'s banking operations by offering a deal of $7 a share and no government backing. But Citi argued it had a definitive deal, the Federal Deposit Insurance Corp. supported Citi, and the two firms laid ground for ...
Group seeks Host businesses; exploring careers.(News)(Brief article)
Oct 06, 2008 ... The Greater New York Councils' Exploring program is seeking businesses to host educational sessions offering high school students the opportunity to explore various industries and make better decisions about possible career choices. The Exploring program puts together groups of ...
Battling Mike Bloomberg; Two decades in the cold? Democrats face crucial test; a plan for Thompson, Weiner.(News)
Oct 06, 2008 ... Byline: Erik Engquist Next year's mayoral race will be a gut check for the Democratic Party. When Republican Rudy Giuliani upset Mayor David Dinkins in 1993, it was seen as a singular event caused by heightened racial tension. Michael Bloomberg's triumph in 2001 over ...
At Deadline.(Late News)
Oct 06, 2008 ... The Port Authority of New York and New Jersey says it is working with its congressional delegations to extend the deadline for issuing the Liberty Bonds for the World Trade Center site. By law, the bonds must be used by the end of 2009. But last week, the agency issued new construction ...
Dimon, Fey a duo for odd time; Banker and comic top readers picks of most influential.(New Influentials)
Oct 06, 2008 ... Byline: Joyce Hanson Yes, the government is assuming new powers, and yes, Wall Street seems to have become a shadow of its former self--but a political parodist and the head of one of the world's largest banks sharing the top of a list of influential people? At least ...
Branch closings alter retail landscape; Vacancies will force down rents; some areas are still seeing increases.(The Crisis Continues)
Oct 06, 2008 ... Byline: Adrianne Pasquarelli As the financial storm rips through New York, claiming large commercial banks and small business owners as victims, real estate experts are waiting for the other shoe--namely, retail rents--to drop. In some cases, brokers are predicting decreases of ...
Right number on Madison; Directory assistance firm KGB expands in revamped space.(Real Estate Report)(KGB )
Oct 06, 2008 ... Kgb, a provider of directory assistance, is more than doubling its space at 655 Madison Ave., to almost 13,400 square feet. The company, formerly known as Infonxx, will take over the entire third floor by the end of the year. Asking rent for the 10-year deal was $99 a square foot. ...
The Weeks Ahead.(Calendar)
Oct 06, 2008 ... Byline: maia blume This Week's Events October 6 Caribbean Business Network holds networking reception on growing your business. 7 p.m. to 9 p.m., Community Bridge Home, 120-50 Springfield Blvd., Queens. Free. (718) 207-0635 or ...
An AIDS star passes baton; Dr. David Ho's work on a vaccine is being overshadowed by a former employee.(News)
Oct 06, 2008 ... Byline: Gale Scott When virus expert Dr. David Ho came to New York City almost 20 years ago to head Manhattan's fledgling Aaron Diamond AIDS Research Center, hospitals were overflowing with patients dying of AIDS. He recruited a team, went to work in the lab and soon ...
Banker bounces back; Survives meltdown to take a top position at Barclays--and just in the nick of time.(Business Lives)
Oct 06, 2008 ... Byline: Aaron Elstein Wall street's worst catastrophe since the 1930s is taking an enormous toll on thousands of investment bankers wondering what happened to their firms and their positions, and how they will find work that will pay enough to cover the mortgage and their kids' ...
Developers enlisting partners to help out; Facing harsher creditor demands, they share costs and possible gains.(Real Estate Report)
Oct 06, 2008 ... Byline: Tina Traster Developers were once a solitary lot. That is changing--fast. Ron Moelis found out why in June when he went looking for financing for his $55 million, 150-unit rental/condo project in Cobble Hill, Brooklyn. That is when he was told that instead of ...
THE WRITE-IN VOTES.(News)(Rockefeller Group Development Corp. has appointed Kevin Hackett)(United Way of New York City has appointed Gordon Campbell)(Brief article)
Oct 06, 2008 ... Dissatisfied with Crain's New Influentials selections, readers thrust a handful of other emerging leaders into the spotlight, naming people in such fields as real estate, social services and public relations. For example, one reader picked Gordon Campbell, named last year as ...
Queens area fights swarm of plans; NYPD, MTA, others all have designs on Springfield Gardens; battle for wooded lot.(Neighborhood Journal)(New York City Police Department)(Metropolitan Transit Authority)
Oct 06, 2008 ... Residents of Springfield Gardens say they feel like they are under siege. Last month, Community Board 13, which represents the Southeast Queens community, successfully voted down a developer's plans for a short-stay, "hot sheets'' motel on North Conduit Avenue as it geared up to block a ...
Best of Bob Lape.(Business Lives)(Brief article)
Oct 13, 2008 ... Other estimable ethnic eating establishments recently reviewed: Convivio (3 stars) www.convivionyc.com (under construction) 45 Tudor City Place (between East 41st and East 42nd streets), Manhattan. (212) 599-5045. Inspired new Southern Italian flavor hit ...
SMALL BIZ RESOURCES FROM CRAIN'S NEW YORK.(Small Business Report)
Oct 13, 2008 ... GROWING A BUSINESS GUIDE Crain's new list of more than 600 organizations with resources to help small businesses will be published in the Nov. 10 issue. This year's edition will include a special section on resources to help small businesses cope with the financial crisis. The guide also ...
GROUP SEEKS HOST BUSINESSES; exploring careers.(News)(Brief article)
Oct 13, 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 ...
Vultures preparing to swoop down; Investors raising cash, adding staff to buy up properties.(The Crash of '08)
Oct 13, 2008 ... Byline: Theresa Agovino Almost 600 apartment complexes across New York City face the threat of default. The Las Vegas Strip is lined with millions of square feet of faltering casino construction projects. Banks nationwide are holding tens of billions of dollars of toxic real ...
NY firms gird for tough times; Every sector affected by uncertainty, tight cash, lower sales.(The Crash of '08)
Oct 13, 2008 ... Byline: Daniel Massey Julie goldman watched with trepidation last week as the financial crisis spread worldwide and the stock market plummeted. The chief executive of The Original Runner Co. then told her eight employees she was cutting their year-end bonuses by at least 25%. ...
Executive Moves.(Business Lives)
Oct 13, 2008 ... Byline: maia blume and sarah studley Accounting & Consulting Bain & Co.: Philip Kleweno, 47, rejoined as partner of the corporate renewal group. He was formerly president and chief executive at Teleflora. Citrin Cooperman & Co.: Anca S. Munteanu, 38, ...
Hot Jobs.(Business Lives)
Oct 13, 2008 ... Byline: amanda fung WANTED: chief executive COMPANY eMusic JOB DESCRIPTION Oversee the nation's second-largest online music store MOST IMPORTANT TASK Grow eMusic into a company that generates several hundred million dollars in revenues ...
Firms squeeze it all into 4 days; Short weeks build morale, cut costs, but execution counts.(Small Business Report)
Oct 13, 2008; ... Byline: Shira Boss-bicak The advent of flextime put an end to the 5 o'clock exodus. If the four-day workweek takes hold, Friday happy hours could get a lot harder to plan. Condensed workweeks typically allow employees to work four 10-hour days in exchange for a third ...
Hits & Misses.(Small Business Report)(Formula)
Oct 13, 2008; ... Byline: Tina Traster Inventing a better lice trap Eager to avoid the chemical-laden shampoos available to eliminate head lice, Adele Horowitz (right) devised her own method for her daughter in the early 1990s. She found that a long-toothed comb dipped in a baking ...
Ditching clocks, desks; Moving far beyond flextime, companies are redefining the office.(Small Business Report)
Oct 13, 2008 ... Byline: steve garmhausen The conventional 40-hour workweek is starting to seem as quaint as the rotary telephone. In a long-predicted workplace revolution, technology is allowing small businesses to give employees the freedom to work when and where they want. Some ...
Nomads shut down offices for good; Save on rent costs as employees work wherever they want.(Small Business Report)
Oct 13, 2008 ... Byline: Steve Garmhausen When simon sinek told friends two years ago that he'd decided to close his company's 2,500-foot office, they assumed the worst. "Everybody thought I'd gone out of business,'' says Mr. Sinek, who founded business consulting firm SinekPartners ...
Tech products aid teleworking; Software, backup services, other tools for small firms.(Small Business Report)
Oct 13, 2008 ... Byline: Karen J. Bannan The number of transistors on a computer chip doubles about every two years, spurring exponential growth in computational speed, according to Moore's famous law. The number of telecommuters is growing almost as fast. "Two years ago, ...
Unlimited time off, but with strings; Tech firm sheds vacation allotments for a policy focused solely on outcomes.(Small Business Report)
Oct 13, 2008 ... Byline: Diane Hess The vacation policy at Bluewolf Inc. sounds like a manager's worst nightmare. Employees at the consulting firm headquartered in a Washington Square loft are allowed to take as much time off as they want, whenever they want. Jessie Podell, the director of media ...
Owners pushed to political sidelines; Entrepreneurs want candidates to detail plans, offer help coping with crisis.(Small Business Report)
Oct 13, 2008 ... Byline: Steve Weinstein For robert stevenson ii, owner of a successful insurance agency in midtown, the presidential candidates' reaction to the Wall Street bailout was just the latest in a string of missed opportunities. Neither used the impact of the crisis on small ...
MAYOR'S PROCESS COMES UNDER FIRE.(Briefs)
Oct 13, 2008 ... Opponents of Mayor Michael Bloomberg's term limit extension--and even some supporters--say the plan's rollout was orchestrated to minimize backlash and delay opposition. The news that Mr. Bloomberg (left) had pitched the plan to the city's newspaper publishers came out Aug. 22, ...
DEEPENING CRISIS.(The Crash of '08)
Oct 13, 2008 ... As stock markets around the world went into free fall and seized-up credit markets remained frozen despite the $700 billion economic rescue package, U.S. authorities took a series of ad hoc steps to try to stop the rout. Meanwhile, Citi took a hike. The Federal Reserve launched ...
Rise of cocktail culture; New crop of bars become the alcoholic equivalent of fine dining.(Business Lives)
Oct 13, 2008; ... Byline: steven a. shaw Cocktail culture has come a long way since Tom Cruise and Bryan Brown mixed Long Island Iced Teas in unison while dancing behind the bar. Today's "cocktailians''--referring to both the preparers and consumers of fabulous libations--are passionate about ...
Small packages.(Small Business Report)(Survey)(Brief article)
Oct 13, 2008 ... Whether four-day workweeks increase productivity isn't yet known. Managers at many companies say that productivity rose when they introduced the policy, but little research has been done. It is clear that small firms lead in offering ...
Tourism well running dry; As turmoil goes global, bookings decline and visitors cut back spending.(The Crash of '08)
Oct 13, 2008 ... Byline: Daniel Massey When tiago fonseca booked a vacation to New York City six months ago, shopping for clothes and electronics ranked high on his to-do list. But by last week, when the lawyer from Rio de Janeiro arrived with three friends, the spreading global ...
Zagat dishes up restaurant reality; People eating out less and at cheaper places; fewer new spots opening.(News)
Oct 13, 2008 ... Byline: Lisa Fickenscher The 2009 Zagat Survey of New York restaurants, released last week, contains some information that is likely to give restaurateurs a touch of indigestion. Thirty-eight percent of the 38,128 respondents say they are eating out less, while 38% ...
Parents prepare a plush pad for sportscaster; With dad's donation, mom's decorating, she creates first real home.(Business Lives)
Oct 13, 2008; ... Byline: Alix Strauss Her father lives in Dallas and her mother resides in Italy, so when they visit, Michelle Beadle plays hostess, turning her bachelorette pad into a veritable bed and breakfast. But the 32-year-old TV personality--known for hosting YES Network's ...
New York, New York.(Briefs)
Oct 13, 2008; ... Byline: edited by Valerie Block Rickshaw gets some wheels Rickshaw dumpling bar has hit the road. For the past two weeks, owner Kenny Lau has been serving items like his $6 chicken-and-Thai-basil dumplings, $3 chili-sesame noodle salad and $4 "watermelon-ade'' to ...
Term limit twists an unsettling affair.(News)
Oct 13, 2008 ... Byline: Alair Townsend After sept. 11, Mayor Rudy Giuliani toyed with asking the state Legislature to grant him an exception to the two-term limit on his office. His rationale was that his continuing leadership was indispensable, at least for some period of time. ...
Principles, politics, term limits.(News)
Oct 13, 2008 ... It has been less than two weeks since Mayor Michael Bloomberg announced that he wanted the City Council to revise term limits so that he could seek a third term, and already the collateral damage is piling up. New York politicians will find themselves judged not on how they voted but on ...