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Crain's New York Business articles from April 2007
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Crain's New York Business archives from April 2007
Family fare nears end of run.(News)("The Sopranos" , television production revival)(Brief article)
April 2, 2007
The Best of Bob Lape.(Business Lives)(Picholine )(Axia Taverna)(A Voce)
April 2, 2007
STRATEGIES FOR FORECLOSURE INVESTING.(News)
April 2, 2007
Bad building loans pile up at area banks; But hedge funds, other developers come to the rescue; NJ the epicenter.(News)
April 2, 2007
All-business authors; CEOs get recognition, brand extension.(Business Lives)
April 2, 2007
New York, New York.(Briefs)
April 2, 2007... Byline: edited by Valerie Block
USA Network crushes rivals
Famed wrestler Triple H (left) stomped all over the growing sport of mixed martial arts at a recent party for the USA network. USA climbed back into first place among cable...
CITY SEEKS LOCAL ACHIEVERS; small business honorees.(Business Lives)
April 2, 2007
At Deadline.(Late News)
April 2, 2007
Hot Jobs.(Business Lives)
April 2, 2007
Making a mark with philanthropy; Select group drawn to unique causes; enthusiasm is key.(Report: Wealthy New Yorkers)
April 2, 2007
For rich kids, it's only money; Young people risk big pots, when they have time to do it.(Report: Wealthy New Yorkers)
April 2, 2007... Byline: Andrew Marks
Investing and promptly losing $60,000 on a startup company doesn't show up on many college student resumes. But then, not everyone is as rich as Gianni Martire.
The 23-year-old also had the wherewithal to recently...
New fashion district; Zoning will legalize office conversions, use nonprofit to protect factory space.(News)
April 2, 2007
Online jewelers aim at high end; Move into luxury sector; traditional retailers are slow to counter threat.(News)
April 2, 2007
Green day.(Business Lives)
April 2, 2007
The Weeks Ahead.(Business Lives)(Calendar)
April 2, 2007
How do i know if i have bedbugs?(Business Lives)(Letter to the editor)
April 2, 2007
The Insider.(Briefs)
April 2, 2007
BUDGET FALLOUT Hospitals at odds.(Briefs)
April 2, 2007
New approach to investments; Young affluent people seek slow, steady growth for their holdings.(Report: Wealthy New Yorkers)
April 2, 2007
TOP FIVE THRIFTS HOLD MOST ASSETS.(Report: Wealthy New Yorkers)(Brief article)
April 2, 2007
Solving city's cable competition crunch.(Viewpoint)
April 2, 2007
Grading Spitzer's budget.(Viewpoint)(Eliot Spitzer)
April 2, 2007
Foreclosure investors take the deals inside; Tactics involve negotiating settlements, adding value.(News)
April 2, 2007
Going multiplatform; Dot-com entrepreneur gets into overhauling Web sites as VP of NBC Universal TV unit.(Business Lives)
April 2, 2007
Financial firm expands at 505 5th; American Capital adds 3 floors; fashion firms sign leases.(Real Estate)
April 2, 2007
COMINGS AND GOINGS AMONG AREA BANKS.(Report: Wealthy New Yorkers)
April 2, 2007
CLARIFICATIONS.(Corrections)(Correction notice)
April 2, 2007
Hearst playing the teen angle; Publisher defies title shakeout, expanding print, Web offerings.(News)
April 2, 2007
WEEK IN REVIEW: Wal-Mart won't take Manhattan.(Briefs)
April 2, 2007
LETTERS TO THE EDITOR: The executive pay controversy.(Viewpoint)
April 2, 2007
SEEKING TOP ENTERPRISES In NEW YORK; awards.(Small Business Report)
April 9, 2007... CRAIN'S NEW YORK BUSINESS seeks nominations for its 12th annual Small Business Awards. The six winners will have distinguished themselves by showing a pattern of growth in their businesses and by contributing to the quality of life in their...
The Weeks Ahead.(Calendar/Datebook)(Calendar)
April 9, 2007
On the case.(Business Lives)(Carolyn Dolan of Samson Capital Advisors)(Brief article)
April 9, 2007... Byline: aaron elstein
Carolyn Dolan, 60, is a portfolio manager at Samson Capital Advisors, which has 150 clients and $3.6 billion under management. She chairs the firm's operating committee and characterizes her pay as "not seven...
RISING EXECUTIVES; LEADERSHIP PROGRAM.(News)
April 9, 2007... The Coro New York Leadership Center is accepting applications from business executives for the Leadership New York program. It seeks mid-career professionals who are committed to strengthening the city.
Participants will learn firsthand...
Empire Zones under gun; State plan helps many, but abuses are rife; Spitzer eyes changes.(Small Business Report)
April 9, 2007... Byline: Tina Traster
Several years ago, David Censi realized that if his company was to survive, it had to move from just designing signs and promotional materials to actually making them.
"The cost of subcontracting our...
Working graveyard; More professions coping with the night shift.(Business Lives)
April 9, 2007... Byline: HILARY POTKEWITZ
Ever wonder what it would be like to get to the bank, pick up dry cleaning, shop for groceries and work out at the gym--all in one day? Work the night shift, and it could happen.
Roughly 16% of U.S. workers...
Footwear maker steps out of its niche to grow; Nina offers everyday shoes for younger women, climbs into bigger market.(Small Business Report)(Nina Footwear Inc.)
April 9, 2007... Byline: Victoria Rivkin
In 1993, Nina Footwear was doing just fine. It boasted revenues of nearly $50 million, courtesy of its longtime dominance of its niche--women's shoes for proms, weddings and other special occasions. Nina even...
GROUP SEEKS HOST BUSINESSES; exploring careers.(greater new york councils plans educational sessions for high school students in partnership with businesses)(Brief article)
April 9, 2007... 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...
Tips for wringing the most out of Empire Zones; Qualifying for benefits can be tricky.(Small Business Report)
April 9, 2007
Shareholders demand pay approval; Morgan Stanley next to face `say on pay' resolution; many others are targeted.(News)
April 9, 2007... Byline: Aaron Elstein
A year ago, Morgan Stanley shareholders got some surprising news: In 2005, new Chief Executive John Mack had exercised stock options--granted in a previous stint with the company--worth $30 million. That was in...
Executive Moves.(Business Lives)
April 9, 2007... Byline: adrianne pasquarelli
Architecture & design
Fitch Inc.: Bryan Gailey, 51, joined as creative director. He had been associate principal at Callison Architecture.
HDR: Brian Dolan, 51, joined as marketing manager. He was...
Teacher funds pet plans via the Web; Site lets donors pick public-school projects that they can bring to life.(Small Business Report)
April 9, 2007... Byline: Erika Rasmusson Janes
In his first year of teaching at an alternative public high school in the Bronx, Charles Best quickly got frustrated. He had lots of plans for projects to enrich his students' education--such as bringing in...
Hits & Misses; Fledgling Firms' key moves.(Small Business Report)(NYC Run)(Salvygolds)
April 9, 2007
The great visa chase; Applicants in limbo as H-1B requests exceed open spots; firms scrambling.(News)
April 9, 2007... Byline: Hilary Potkewitz
Last week's overwhelming influx of applications for H-1B visas, which let educated foreign professionals work in this country for up to six years, is sending aftershocks through the business community. The reality...
Fired up on front lines; Hungry Google sales unit targets key advertisers.(News)
April 9, 2007
At Deadline.(Late News)
April 9, 2007... Tishman Speyer is betting that the number of market-rate apartments at Stuyvesant Town and Peter Cooper Village will more than double by 2011. In its debt prospectuses, the company, which acquired the 80-acre development for $5.4 billion...
Epsilon's an alpha firm at Flatiron site; Growing marketer gets private entrance, space to expand; cleaning up on Third.(Real Estate)
April 9, 2007... A marketing and data services company is moving to a Flatiron district building where it will have signage rights and its own entrance. Dallas-based Epsilon, a division of Alliance Data Systems Corp., has signed an 11-year lease for 50,000...
Saying what it's About; Content-loaded site focuses on popular topics and its brand; $1M ad campaign.(News)
April 9, 2007... Byline: Amanda Fung
Eleven years ago, two entrepreneurs founded About.com around a big idea. The online reference guide would offer advice on every topic under the sun, from how to treat a common cold to how to grow an organic garden.
...
Success stories.(Small Business Report)
April 9, 2007... Linda Tool & Die Corp.
Zone Southwest Brooklyn
Certified 2004
Jobs promised/created 3/3
Key benefit 50% cut in real estate taxes
Linda tool & die corp. now counts Boeing and NASA among its customers, something that would...
New York, New York.(Briefs)(Rush Communications)(Fresh FM)(Broadway Hotel )
April 9, 2007
Suburban spot to meat, greet; Valbella brings its successful recipe to suburban steakhouse; wine list a bit skimpy.(Business Lives)
April 9, 2007... One year after succeeding with an ultrasleek restaurant in New York's meatpacking district, Valbella mastermind David Ghatanfard is selling steaks, seafood and sumptuous service to Scarsdale.
Valbella Steakhouse is on the...
FM radio in dismal condition.(Viewpoint)
April 9, 2007... REAL PERSONALITIES HAVE LEFT THE DIAL
i loved valerie block's wholly accurate column about the state of New York radio (March 26). What a sad state of affairs on the FM dial in New York City.
When I was younger, I had so many good...
Surviving the night shift.(Business Lives)(Brief article)
April 9, 2007... Byline: Source: Janie O'Connor, president, Shiftworker.com
Do...
Protect daytime sleep by any means necessary, including dark shades, eye mask, earplugs or white noise. Create with family members a list of emergencies that would...
Resistance to change a Dow Jones downer; Share price up only 9% over past decade; investors should bail.(In the Markets)
April 9, 2007... Byline: Aaron Elstein
In the dreary world of newspaper stocks, the saddest story of all is that of Dow Jones & Co.
Over the past decade, its stock price has gained a paltry 9%, worse even than The New York Times Co.'s 29% rise, and...
Hoping for Wall St. downturn.(Viewpoint)
April 9, 2007... As attorney general, Eliot Spitzer made his reputation crusading against shady practices on Wall Street. As governor, he just approved a budget that is so dependent on the tax windfall produced by Wall Street in recent years that even the hint...
The Insider.(Briefs)
April 9, 2007... Byline: Erik Engquist and Anne Michaud
Scramble for HIP conversion money
The legislature has cleared the path for the Health Insurance Plan of New York to go public, and created a pool of money that special interests will battle over....
NY cops biased, Crain's poll finds; Minorities treated differently; overall, city supports NYPD.(News)
April 9, 2007... Byline: Anne Michaud
A striking three in five New Yorkers think that New York City police treat people differently based on race, according to a Crain's New York Business poll. The perception of unequal treatment is held most widely in the...
Great outdoors becomes latest condo attraction; Builders offer gardens, groves to draw young professionals, parents.(Business Lives)
April 9, 2007... Byline: Judith Messina
The setai, a luxury condo development rising above Wall Street, promises buyers nearly 8,500 square feet of outdoor space, including bamboo groves, a Jacuzzi and grill pits on the roof terrace.
Welcome to...
Hot Jobs.(Brooklyn Chamber of Commerce)(Brief article)
April 9, 2007... Byline: kira bindrim
WANTED: president
ORGANIZATION Brooklyn Chamber of Commerce
JOB DESCRIPTION Direct the chamber; manage finances and programs
MOST IMPORTANT TASK Foster strong relationships among members, community...
A bank that specializes in small.(Small Business Report)
April 9, 2007... A 30-year career in finance convinced Charles Antonucci that there was money in small business lending. The recent wave of consolidation in the banking industry gave him an opportunity to prove it.
"There are giant banks and little banks,...
CORRECTIONS.
April 9, 2007... The Garment Industry Development Corp. is pressing the city to protect an estimated 1 million square feet of space used for stand-alone factories, cutting rooms and sample rooms in the zoned portion of the garment district. The use of the space...
Mike's brave plan to help the poor.(Viewpoint)(Mike bloomberg)
April 9, 2007
Crain's columnist Townsend wins prize.(Briefs)
April 9, 2007... Crain's columnist Alair Townsend has been recognized by a national group of business journalists for her column writing.
She was one of two winners in the weekly category in a competition sponsored by the Society of American Business...
POTSHOTS '09 mayoral race begins.(Briefs)
April 9, 2007... While the presidential race is under way two years before the election, the 2009 New York City mayoral race has got it beat, beginning almost three years before the voters go to the polls.
Last week, Bronx Borough President Adolfo Carrion...
Polo Ralph Lauren demonstrates there's no success like online success.(In the Markets)
April 9, 2007... Two weeks ago, Polo Ralph Lauren announced it will shell out $175 million for the half of fast-growing Polo.com it doesn't own. Recently, the company also unveiled a joint venture with Richemont, the Swiss luxury-goods giant, to sell watches...
Blackstone cashes in on Equity Office buy; Firm resells 25% of properties, recoups $25 billion; 400% ROI.(Real Estate)
April 9, 2007... Byline: Matthew Scott
In what may be record time, The Blackstone Group has more than recouped the cash portion of its investment in Equity Office Properties Trust.
Late last month, the private-equity juggernaut agreed to sell another...
Manhattan, urban resort; Two major hoteliers to build time-share properties; others seeking NYC sites.(News)
April 9, 2007... Byline: Lisa Fickenscher
Time-share vacation properties are usually associated with beach resorts in Hawaii, Florida and the Caribbean--not with the skyscraper canyons of New York.
But some of the biggest timeshare companies in the...
What can i do with my old computer?(Business Lives)(Brief article)
April 9, 2007
Ground controller; JetBlue's point man at JFK knows territory well from his days at rival Delta.(Business Lives)
April 9, 2007... Byline: Hilary Potkewitz
When he took his first job as a cabin cleaner for Delta Air Lines at age 20, Alex Battaglia knew he was in the business for the long haul.
"It gets in your blood,'' Mr. Battaglia says. "Once you're out there on...
DO YOU THINK SALES PRICES FOR MANHATTAN APARTMENTS WILL CONTINUE TO RISE? CRAIN'S ONLINE POLL.(Viewpoint)
April 9, 2007... A majority of the 456 respondents to a Crain's poll believe that Manhattan apartment prices will stay on an upward trajectory-a trend buoyed by an upbeat economic outlook and big Wall Street bonuses. A little over a quarter think prices have...
Get smart: college tuition rising.(By the Numbers)
April 9, 2007... It's the time of year when parents with kids in college have to start thinking about reaching for their wallet-then maybe a bottle of scotch. Undergraduate tuition at many top private schools in the city will go up in the fall. Though it's...
The Best of Bob Lape.(Business Lives)(Kobe Club )(Restaurant review)(Brief review)
April 9, 2007