Westchester County Business Journal back issues from December 2004:
W.P. Plaza finds buyer after 2 years: Heyman Properties looks beyond retail.(White Plains Plaza)
Dec 06, 2004; ... A Connecticut developer looking to expand its office holdings within the region said it is in contract to buy White Plains Plaza, the two-building, 712,1 M-square-foot downtown office-retail campus placed on the sale market late last summer. Heyman Properties L.L.C. of Westport, ...
Catskills deal puts Cappelli in the chips.(Cappelli Development Corp)
Dec 06, 2004; ... Where locals saw a crumbling relic of the Catskills' 20th-century Borscht-Belt era, Louis R. Cappelli saw in the Concord hotel a destination resort with a sizeable potential customer base--all 25 million people living within a two-hour drive. So in 1999, Cappelli teamed up with a ...
Towns pleased with sales-tax revenue hike.(Brief Article)
Dec 06, 2004; ... Increased sales-tax revenues are giving a 2005 budget boost to towns around the county. While this will mean fighter property tax bills for many county property owners than would otherwise have been the case, some town officials are not sure this is a trend they can count on in ...
As Digest condonses, new owner eyes office market.(Reader's Digest Association Inc)
Dec 06, 2004; ... Following its $59 million sale-leaseback deal, a venture of real-estate investment firm Greenfield Partners L.L.C. and developer Summit Development L.L.C., both of Norwalk, Conn., has hired Cushman & Wakefield Inc. to lease the vacant space at the 114-acre Reader's Digest campus in New ...
Ignorance of county retail laws can be an excuse ... once.(small BUSINESS ZONE)
Dec 06, 2004; ... The county Consumer Affairs Department may fine stores as much as $1,000 per violation of retail regulations, but just to make sure stores know the law, initial inspections result only in warnings, not fines. Under Westchester County law, stores cannot sell items containing ...
Ask Andi?(small BUSINESS ZONE)(business management)
Dec 06, 2004; ... "If only they would change: they would be so much better off!" How often have we heard something similar? The question this week is about the complex subject of change. How do you get businesses to change practices that have been ingrained in their corporate culture, but are ...
Pace's bonds downgraded, but says it has financial fix.(Pace University)
Dec 06, 2004; ... Although one credit rating agency has downgraded the bond rating for Pace University and another has said it may do so, graduate students shouldn't expect large tuition increases as a result, the school's treasurer said. Pace's guaranteed, flat-tuition rate for undergraduates ...
Drug store finds success recipe in discounts and service.(Almarc Drugs)
Dec 06, 2004; ... During its 25 years of existence, New Rochelle-based Almarc Drugs has followed four key strategies to beat stiff competition from large chain stores and expand by opening one store in Larchmont and another in New York City. It has kept prices low, promoted good relationships ...
Former cancer-research building is up for sale.
Dec 06, 2004; ... The Valhalla building that housed the Institute for Cancer Prevention, which went bankrupt in September, is now up for sale. Keen Realty L.L.C. of Great Neck has been retained by the bankruptcy trustee for the defunct institute. The 1 Dana Road building, which was owned by the ...
Virgin's chief makes top job reality show prize.(Sir Richard Branson)
Dec 06, 2004; ... Wanted: A highly educated individual with a strategic vision, strong interpersonal skills and the utmost integrity for president's post at global transportation and media giant. Candidate must have nerves of steel when crossing a plank between two hot air balloons at 10,000 feet. ...
PNC expands corporate banking services in county.(PNC Bank N.A.)
Dec 06, 2004; ... PNC Bank N.A. has expanded its Greenwich, Conn., office by adding a corporate banking unit focusing on providing financial services to companies in Westchester and Fairfield, Conn., counties with revenues in the $20 million to $500 million range. The Pittsburgh-based bank has no ...
Business web: a directory of internet addresses.(Directory)
Dec 06, 2004 ... ACCOUNTING Accounting and Business Management Software IntelliBridge LLC www.IntelliBridgeLLC.com 203-877-5766 Microsoft Business Solutions--Great Plains Partner Free Software Selection Kit Answers@IntelliBridgeLLC.com ...
Housing group puts money where its heart is.
Dec 06, 2004; ... A White Plains nonprofit that helps first-time home buyers now has some of its own money to use toward that end. Community Housing Innovations Inc. (CHI) said it would use $1 million it has collected from operations and savings as equity capital toward development of new ...
Danbury's Lee Farm fetches $27.75m.(Hi neighbor: News from Fairfield County)(Lee Farm Corporate Park)(Brief Article)
Dec 06, 2004 ... Investment fund DRA Advisors L.L.C. recently sold Lee Farm Corporate Park in Danbury, making $4.25 million over its original purchase price. Brokers say Sands Brothers & Company Ltd. of New York City bought the 215,000-square-foot building at 83 Wooster Heights Road for $27.75 ...
What's stifling job creation?(Hi neighbor: News from Fairfield County)(Connecticut's job market)(Brief Article)
Dec 06, 2004 ... While figures continue to depict an economic expansion, job figures in Connecticut continue to lag behind the nation as a whole. The question of why new jobs are hard to come by is up for debate. The Connecticut Business & Industry Association has released its annual "issues ...
Dreyfus tower could rise in '05.(Hi neighbor: News from Fairfield County)(Connecticut Place)(Louis Dreyfus Property Group)(Brief Article)
Dec 06, 2004 ... Louis Dreyfus Property Group's plan to build Stamford's tallest building may have ridden out the stormy economy of the last few years as a company executive now says construction could get underway next year. Of course, to make that happen the developer must lease at least half ...
L'Annexe owner grows firm in face of industry slowdown.(Company Profile)
Dec 06, 2004; ... Nady Richard decries her aptitude as a businesswoman all the way to the bank. "You know, I'm not a very good business person," said Richard, owner of L'Annexe Inc., an office furniture firm in Elmsford. "I just go with my senses." Richard (pronounced "Ree-SHAR") ...
Commercial real estate firms.(The List)(Directory)(Illustration)
Dec 06, 2004 ... <Pre> THE LIST COMMERCIAL REAL ESTATE FIRMS (Leasing and Management Firms) Name, address, phone numberTop local executive(s) Area code: 914 (unless otherwise noted)E-mail address Web site year established ...
Ellen Lynch: putting the busy in business.
Dec 06, 2004; ... Ellen Lynch has many things on her mind. There's that daily job of keeping an eye on some 1.6 million square feet of office space. There are the weekend college classes. There's serving on boards ... there are the fundraisers ... there's networking ... there's the east-west rail link ... ...
Putting sales into orbit: money-transfer technology developer develops a market in Latin America.(SalesOrbit Inc.)(MoneyOrbit)(Company Profile)
Dec 06, 2004; ... As the nation's Hispanic immigrant population grows, so too does the amount of money the new arrivals send back to family members back home. Capitalizing on that growth, while establishing a beachhead against two much larger rivals, Western Union and MoneyGram, is the goal of an ...
Are you ready to dance with a VC?(U.S. venture capital group )(Interview)
Dec 06, 2004; ... In the first of a monthly series of question-and-answer sessions with area venture capitalists, Edwin A. Goodman of Milestone Venture Partners in New York City, discusses when and how early-stage business owners should pursue venture capital, and what that pursuit will likely entail. ...
Galleria builds appetite for new restaurants.(restaurants construction)(International Council of Shopping Centers (ICSC), an industry group in New York City)
Dec 06, 2004; ... By planning an exterior facelift that would allow up to four new restaurants on its Main Street side, Galleria at White Plains hopes to capitalize on the city's changing downtown--as well as on a national industry trend--just in time for its 25th anniversary next year. Galleria ...
Christmas spending intentions similar to last year: Americans plan to spend an average of $730 on Christmas gifts.(Gallup's annual indicator )
Dec 06, 2004 ... With the holiday season accounting for roughly a quarter of annual retail sales in the United States, there is a tremendous amount riding on the spending pattern of consumers over the next several weeks. Many of the factors determining whether this will be a banner year or a bust are ...
Extended Stay hotels provide more comfort at lower prices.(Extended Stay America, Homestead Village and Suburban Lodge)
Dec 06, 2004 ... Are you a modern day road warrior or just the occasional traveler who wants a few comforts of home? Perhaps you want to save some money and stock your own food and drinks while attending that conference. Maybe you are part of a family who needs to stretch the vacation budget without ...
Subaru Outback beats rivals in crash tests.(ratings of sport utility vehicle)(Brief Article)
Dec 06, 2004 ... The U.S. Department of Transportation's National Highway Traffic Safety Administration recently released new crash test results for selected model year 2005 vehicles. The agency also released new rollover ratings for several 2005 pickups. All results, including previously tested ...
County travel industry bouncing back.(Travel Association of America, forecasts)
Dec 06, 2004; ... Westchester County's travel industry saw slow and steady growth through 2004, according to county tourism officials. "It's been up a little bit. I would say it's steady," said Margo Jones, director of the county's Office of Tourism. However, she also said that the ...
Landlord gives his part of Main Street a facelift.(Lou Vlahopoulos, owner of Galaxy Diner in Getty Square)
Dec 06, 2004; ... The construction and renovations going on in downtown Yonkers gave Lou Vlahopoulos pause to realize how the upgrades were changing the face of the area. It also made him realize that his buildings along Main Street were starting to look dated. Vlahopoulos, owner of ...
Main Street Lofts project advances.(Doing Business in Yonkers)
Dec 06, 2004; ... A 171-unit downtown apartment complex quietly took another step forward last week. The Yonkers Industrial Development Agency held an unattended, 8:30 a.m. public hearing on the Main Street Lofts Nov. 29, clearing the way for the agency's board to vote on an assistance package ...
IDA to check site of former chemical firm.(Doing Business in Yonkers: FEATURE SECTION)(Industrial Development Agency)(Brief Article)
Dec 06, 2004; ... The Yonkers Industrial Development Agency took the first steps toward the investigation of a former Alexander Street chemical plant last week, a key part of the area's $1 billion redevelopment plan. The IDA board voted Nov. 30 to begin talks with the owners of the former Patclin ...
Stress is the lifeblood of this nonprofit.(Doing Business in Yonkers: FEATURE SECTION)(American Institute of Stress)
Dec 06, 2004; ... The holiday season is in our midst and--as it has for generations past and generations to come--brings along with it stress and depression. This time of year is usually a fun time for most people, but for many others it is a time when there is an increased anxiety, ...
Bankruptcies.(On the record)
Dec 06, 2004 ... The following petitions were filed in the U.S. Bankruptcy Court for the Southern District of New York in Manhattan, Poughkeepsie and White Plains. Chapters 11 and 13 indicate that the filer intends to submit a plan of reorganization to the court. Chapter 7 indicates a liquidation of ...
White Plains Hospital Center, White Plains, announced that Sidney Frank of New Rochelle, founder of Sidney Frank Importing Company Inc., New Rochelle, an importer of specialty liquors, and chairman of the Sidney and Louise Frank Foundation, New Rochelle, has pledged $10 million to the hospital.(credits, clients and awards)(Sidney and Louise Frank finances Foundation White Plains Hospital Center )
Dec 06, 2004 ... White Plains Hospital Center, White Plains, announced that Sidney Frank of New Rochelle, founder of Sidney Frank Importing Company Inc., New Rochelle, an importer of specialty ...
Stanley E. Freimuth of Harrison, senior executive vice president and chief administrative officer at Fuji Photo Film U.S.A. Inc., Valhalla, the U.S. marketing subsidiary of Tokyo.(credits, clients and awards)(Brief Article)
Dec 06, 2004 ... Stanley E. Freimuth of Harrison, senior executive vice president and chief administrative officer at Fuji Photo Film U.S.A. Inc., Valhalla, the U.S. marketing subsidiary of Tokyo-based Fuji Photo Film Company Ltd., received the 2004 Harold W. Gegenheimer Award for Industry ...
The New York City/Westchester County/Fairfield County Chapter of the National Association of Industrial and Office Properties (NAIOP), Norwalk, Conn., presented 2004 awards.(Credits, Clients and Awards)
Dec 06, 2004 ... The New York City/Westchester County/Fairfield County Chapter of the National Association of Industrial and Office Properties (NAIOP), Norwalk, Conn., presented 2004 awards for the following transactions. The Kraft Foods North America Inc. lease of 130,000 square feet of space ...
The Westchester Fund for Women and Girlsa fund of the Westchester Community Foundation.(credits, clients and awards)
Dec 06, 2004 ... The Westchester Fund for Women and Girls, a fund of the Westchester Community Foundation, awarded the following six community groups a total $75,000 in grants. College Careers, White Plains, received $15,000 to assist school-age, low-income girls prepare for college. ...
Morris H. Bannister & Son Inc., Peekskill, an insurance agency, joined Hudson Valley Agents Alliance L.L.C.(credits, clients and awards)
Dec 06, 2004 ... Morris N. Bannister & Son Inc., Peekskill, an insurance agency, joined Hudson Valley Agents Alliance LL.C., ...
Building loans.(On the record)
Dec 06, 2004 ... Post Park L.L.C., White Plains. Lender: Normandy Corp., Rochester. Property: ...
Court cases.(On the record)
Dec 06, 2004 ... U.S. District Court Cases The following cases appear on the docket of the U.S. District Court for the County of Westchester in White Plains. A.L. Myers Inc., et al. Filed by Max Bruny, et al. Action: claim flied under the Labor Management Relations Act of 1947 ....
Deeds.(On the record)
Dec 06, 2004 ... $1 million or more FAE Holdings L.L.C., Salt Lake City, Utah. Seller: SUSA Partnership L.P., Memphis Tenn. Properly: 80 South Kensico Ave., White Plains. Amount: $10 million. Filed Nov. 18. Highland Properties Inc., Yonkers. Seller: Gotham Associates L.L.C., Yonkers ....
Incorporations.(On the record)
Dec 06, 2004 ... The name following the c/o refers to the filer (except when enclosed by parentheses). The Business Journal is not responsible for typographical errors contained in the original filings. 48 Huntsbridge Road Inc., 4 Donald Court, Yonkers 10710, c/o the corporation. ...
Liens.(On the record)
Dec 06, 2004 ... Mechanic Liens--filed Bugniazet, Craig, as owner and Trinity Construction, as contractor. $6,500 claimed by Thomas Electrical Service Inc., Harrison. Property: 9 Helen Ave., Rye. Filed Nov. 9. Connolly, Kevin and Patricia Connolly, as owner. $96,817 claimed by EJC ...
Lis pendens.(On the record)
Dec 06, 2004 ... The following filings indicate a legal action has been initiated, the outcome of which may affect the title to the property listed. Carver, Deloris, et al. Filed by Ameriquest Mortgage Co. Action: seeks to foreclose a mortgage to secure the sum of $200,000 affecting property at ...
Mortgages.(On the record)
Dec 06, 2004 ... $1 million or more 530 Riverdale Owners Corp., Elmsford. Lender: National Consumer Cooperative Bank, Washington, D.C. Property: 530 Riverdale Ave., Yonkers. Amount: $1.1 million. Filed Nov. 18. First American Exchange Company L.L.C., Salt Lake City, Utah. Lender ....
Silver Hill Hospital.(appointments)(Brief Article)
Dec 06, 2004 ... Dr. Abby Lois Wasserman of Scarsdale was appointed directing psychiatrist of the transitional living program at Silver Hill Hospital, New Canaan, Conn., a not-for-profit behavioral health and substance abuse treatment center. Since 1987 Wasserman has been on the faculty of Washington ...
Foundation of Hudson Valley Hospital Center.(appointments)(Brief Article)
Dec 06, 2004 ... Jane Sherman of Tappan was appointed director of the Foundation of Hudson Valley Hospital Center, Cortlandt ...
Greenwich Hospital.(appointments)(Brief Article)
Dec 06, 2004 ... Greenwich Hospital, Greenwich, Conn., announced the appointment of the following physicians to its assistant attending medical staff. Dr. Lana Bernstein of Hartsdale joined the staff in the section of rheumatology. Bernstein also practices with Richard Danehower, MD, P.C., ...
Hudson Valley Bank.(appointments)(Brief Article)
Dec 06, 2004 ... Hudson Valley Bank, Yonkers, announced the following appointments to its business development board. David A. Pope of Bronxville, executive vice president and treasurer of the Generoso Pope Foundation, Tuckahoe, joined the board. Pope is also president of Pope Real Estate, ...
Hospitality Resource Group Inc.(appointments)(Brief Article)
Dec 06, 2004 ... Cleopatra Maack of White Plains was appointed public relations and event coordinator at Hospitality Resource Group Inc., White Plains, a training, ...
New business names.(On The Record)(Public Notice)
Dec 06, 2004 ... Partnerships Chemylix, 35 Mark Road, Cross River 10526, c/o Ping Yu and Sylvain Gilat. Filed Nov. 1. Sole Proprietorships Elena's Rockstar Boutique, 1813 Commerce St., Yorktown Heights 10598, c/o Elena Malchevsky. Filed Nov. 1. Audio Visual ...
Patents.(On The Record)
Dec 06, 2004 ... The following patents were issued by the U.S. Patent and Trademark Office in Washington D.C. Composition and method to achieve reduced thermal expansion in polyarylene networks. Patent no. 6,818,285 issued to: Jeffrey Hedrick, Montvale, N.J., Muthumanickam Sankarapandian, ...
On the agenda.(On The Record)(Brief Article)(Calendar)
Dec 06, 2004 ... Wednesday, Dec. 8 Young Entrepreneurs' Organization chapter luncheon meeting, with Sen. Joseph Lieberman, noon to 2 p.m., The Westin Stamford, 1 First Stamford Place, Stamford, Conn. For reservations, call Jeff Goldblum at (203) 967-8367. Saturday, Dec. 11 ...
Public notices.(On The Record)(Public Notice)
Dec 06, 2004 ... Friday, Dec. 10 "Clara's Dream: A Jazz Nutcracker" show, presented by MaD! Theatricals, 7 p.m. Paramount Center for the Arts, 1008 Brown St., Peekskill. $25. Also held Dec. 11 at 2 p.m. For tickets, call (877) 639-3728. Saturday, Dec. 11 "The Nutcracker" ...
Coldwell Banker Residential Brokerage Connecticut/ Westchester.(appointments)(Brief Article)
Dec 06, 2004 ... Catherine Bozzelli Imperatrice of Somers was named a sales agent in the Somers office of Coldwell Banker Residential Brokerage Connecticut/ Westchester. Imperatrice has worked at Coldwell Banker since 1999, most ...
Real estate sales.(On The Record)
Dec 06, 2004 ... <Pre> Real Estate SalesSeller Purchaser CORTLANDT Lawrence Paschetti Andrew Betz Virginia A. Murphy Deborah R. Blades Jean A. Wilson Brian Bonsignore Concetta Bove ...
Free engineering support from NASA.(Business Builders: December 2004)(National Aeronautics and Space Administration)(Brief Article)
Dec 06, 2004 ... If your small business is faced with a technical challenge, the SPACE Alliance Technology Outreach Program (SATOP) wants to help. SATOP, a NASA funded program, is designed to make the know-how of the U.S. Space Program available to small businesses (up to 500 employees), to encourage ...
Marketing your business on the internet.(Business Builders: December 2004)
Dec 06, 2004; ... As the Internet has become an essential part of everyday life, it has also become an essential part of doing business. "Let me have your URL" has rapidly replaced "Let me have your business card" as the first point of contact for many business relationships. Just as one does ...
A special thank you and tribute to outgoing chairman of the board, Dennis B. Kremer ...(Business Builders: December 2004)
Dec 06, 2004; ... Successful organizations recognize that new leadership must be nurtured and encouraged, and that these new leaders must be empowered to take charge. Equally important is that healthy organizations keep all leaders engaged continually in creating a vision for the organization. I ...
George Bianco: financier runs for health and those afflicted with Lou Gehrig's disease.(David Dorfman)
Dec 06, 2004; ... Some people wake up early in the morning to squeeze in a quick jog around their neighborhood. Others may stop by a local gym after work for a power run on the treadmill. But for George Bianco, running was not on his of priorities. That is until he decided that diet and exercise were ...
Resource directory.(Directory)(Illustration)
Dec 06, 2004 ... <Pre> AIR-SUPPORTED STRUCTURES Air Structures American Technologies, Inc. 1-800-AirBldg (247-2534) www.airbldg.com ADVERTISING/GRAPHIC DESIGN CREATIVE EXCHANGE 914-693-4819 ...
Professional directory.(Directory)(Illustration)
Dec 06, 2004 ... <Pre> ACCOUNTANCY Accountemps Temporary Financial Staffing Stamford 203-324-3399 Fax: 203-351-9831 White Plains 914-682-8642 Fax: 914-287-0084 Ben Nightingale & Co., Inc ....
Legal notices.
Dec 06, 2004 ... NOTICE OF FORMATION OF LIMITED LIABILITY COMPANY. NAME: INCACHE LLC. Articles of Organization were filed with the Secretary of State of New York (SSNY) on 11/01/04. The latest date of dissolution is 12/31/2200. Office location: Westchester County. SSNY has been designated as agent of the ...
Office market shows signs of life.(Off the BOARD: Covering the county's public companies)(Brief Article)
Dec 06, 2004; ... Local commercial real estate market appears to be coming back to life after years of doldrums that set in following the dot-com bust in 2000, if recent activity is any indication. In late November, two Connecticut firms announced they have signed deals to buy two major office ...
Gabelli completes share offering.(Off the BOARD: Covering the county's public companies)(Brief Article)
Dec 06, 2004 ... The Gabelli Utility Trust of Rye has completed its rights offering, allowing holders of four rights to but one newly issued common share of the trust at the $7 per share. Preliminary results indicate that the trust received subscripstions for more than twice the 5,779,547 shares ...
AFP reports results.(Off the BOARD: Covering the county's public companies)
Dec 06, 2004 ... Elmsford-based AFP Imaging Corp. said net sales were $4.65 million for the fiscal first quarter, up 15 percent from the same period a year ago. The company reported a loss ...
MBIA closes $350m senior note offering.(Off the BOARD: Covering the county's public companies)(Brief Article)
Dec 06, 2004 ... MBIA Inc. of Armonk has closed a public offering of $350 million aggregate principal amount of senior notes due 2034. The issue, priced Nov. 17, carries a fixed coupon of 5.70 percent and was offered to the public at 99.585 percent of the principal amount. MBIA intends to use the proceeds ...