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Crain's New York Business articles from August 2003

22,977 total articles

A newsweekly providing business news, analysis and commentary on all aspects of business for the metropolitan New York area.

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Crain's New York Business archives from August 2003

Remote controls; Medical technology makes leap to homes, offices.(News)(hospitals use computerized systems to limit prescription errors)
August 4, 2003... Byline: Mary Sisson Every weekday, Millie Rutstein, a registered nurse at Coney Island Hospital in Brooklyn, checks up on about 70 children who have severe asthma. She sees how they are feeling, finds out whether they're taking their...

Turnaround occurs offshore.(Viewpoint)(Wall Street profits expected to reach $15 bn in 2003)
August 4, 2003... Byline: Alair Townsend As I scoured the tea leaves for signs of change in the local economy, two recent reports leaped out at me. In one, the chief economist of the Securities Industry Association estimated that Wall Street profits...

Government Alert: Smoking ban fires up new complaints; Community boards tackle noise problem; NJ proposal could lure firms from NY.(Briefs)(Manhattan community boards monitor public smoking issues)
August 4, 2003... Manhattan community boards, which have seen a dramatic rise in complaints about outdoor noise since the city's smoking law went into effect four months ago, are trying to snuff out the problem. Many boards-especially those in Greenwich...

New Executive: Plucked from the Cosmos; Alum of `CosmoGirl!' and big sister tapped to pull `Seventeen' out of the doldrums.(Profiles)(Atoosa Rubenstein, top teen magazine editor)
August 4, 2003... Byline: Anita Jain It's not hard to believe that Atoosa Rubenstein understands the zeitgeist of America's teenage girl. In a bright green tank top paired with a fluorescent pink-patterned skirt, the new editor in chief of Seventeen...

If at first you don't succeed ... Area schools tap into online demand with new models focusing on content, faculty contact, not high-tech frills.(Special Report: Education)(New York's colleges and universities)
August 4, 2003... Byline: Judy Temes Call it online learning 201. After losing tens of millions of dollars on their first stab at Web-based education, New York area colleges and universities have learned a painful lesson. But rather than dropping the...

Professional tutoring reaches new grade level; Demand, rates soar in a mostly unregulated field.(Special Report: Education)(academic tutoring and test prep firm)
August 4, 2003... Byline: Margaret Jaworski In 1986, Harvard Law School graduate Arun Alagappan founded Advantage Testing, an academic tutoring and test prep firm. Today, the company has 12 locations and employs 75 full-time tutors who earn well into six...

Move illustrates a desire to own; Illustration House buys Chelsea condo; Times Square Tower gets insurance.(Real Estate)(art gallery and auction house moves in NYC)
August 4, 2003... Byline: Lore Croghan Illustration house has been a tenant at 96 Spring St. for 15 years now. That's prime territory as galleries go, on the southeast corner of Mercer Street right in the heart of SoHo. But gallery President Roger Reed...

Mandated private lessons.(Special Report: Education)(enrollment in New York City school programs)(Brief Article)
August 4, 2003... Come September, implementation of certain provisions of the federal No Child Left Behind Act is expected to create a spurt of demand for tutors. The act mandates that students attending schools that fail to achieve "adequate yearly progress,''...

At Deadline.(Late News)(new $200 mn shopping mall)
August 4, 2003... East Harlem mall back on track the washburn wire factory in East Harlem has been razed, an indication that a planned $200 million shopping mall, East River Plaza, may be back on track. The project had been stalled because the Long...

Seeking VC-backed stars; nominate promising firms.(News)(venture capital sector)(Brief Article)
August 4, 2003... Crain's new york business and the national venture Capital Association will be choosing the most promising local venture-backed companies this fall. To be eligible for consideration, a company must be headquartered in the New York...

Free two-week trial of daily Health Pulse; FAX OFFER.(News)(Brief Article)
August 4, 2003... Crain's New York Business offers free two-week trial subscriptions to its daily Crain's Health Pulse fax. The Pulse fax covers the business of health care, supplying information on mergers, contracts, executive appointments, regulatory actions...

Crain's available on databases.(News)(Brief Article)
August 4, 2003... Crain's new york Business is available on several electronic databases for readers wishing to locate stories published in the newspaper or to research topics covered extensively. The full text of Crain's can be found on Nexis and Dialog, as...

Stock Watch: Online bookseller faces hard future in new hands; Bertelsmann's exit from B&N gives others chance to bail.(Stocks)(Bertelsmann AG will sell 37% stake in Barnesandnoble.com to Barnes & Noble Inc.)
August 4, 2003... Byline: Aaron Elstein One of Barnesandnoble.com Inc.'s two controlling shareholders bailed last week. Bertelsmann AG agreed to sell its 37% stake to the dot-com's parent Barnes & Noble Inc. Now is a good time for other investors to get...

Hip-hop stars spin retail rap; 50 Cent, others launch clothing collections; will popularity last beyond latest hit song?(News)(Council of Fashion Designers of America )
August 4, 2003... Byline: Catherine Curan Now that he's sold over 5 million copies of his debut album, Get Rich or Die Tryin', rapper 50 Cent is taking on any self-respecting hip-hop star's natural next project: a fashion collection. 50 Cent's new...

PBS cranking up the blues power; Marketing blitz, high hopes for unique Scorsese documentaries.(News)(Martin Scorsese's documentary about the blues)
August 4, 2003... Byline: Miriam Kreinin Souccar It was five years ago when Martin Scorsese was seduced by the blues. The legendary director had just finished producing a documentary about the influence of the blues on the music of Eric Clapton, and was...

Not every serviceman got to enjoy eternal Hope.(Viewpoint)(Bob Hope dies)
August 4, 2003... Byline: James Brady Bob Hope would have enjoyed last Tuesday's front-page photo in The Times. There he was in a dinner jacket, looking swell, hair sleeked back, the first flecks of gray discernible in his sideburns, a happy grin on his...

Small Business: Catering to the art crowd in Queens; Restaurants spruce up for MoMA visitors; will good fortune end when museum leaves?(Small Business)(Museum of Modern Art 's impact on local businesses)
August 4, 2003... Byline: Miriam Kreinin Souccar In recent months, dazies, a 30-year-old Italian restaurant in Sunnyside, Queens, added new salads and lighter entrees, won an award for a royal-blue cocktail it created, and saw its business double. At...

Bonus blues again; Wall St. hoards surging profits amid revenue worries; total pool seen falling shy of 2002's $7.4 billion.(News)(cost-cutting aids earnings, nopt bonuses)
August 4, 2003... Byline: Aaron Elstein Profits on Wall Street are rebounding from a two-year dive, but don't expect many of those gains to find their way into the pockets of the pinstriped rank and file. The Street's year-end bonus pool looks likely to...

The Weeks Ahead.(Calendar/Datebook)(Brief Article)
August 4, 2003... Byline: Eileen Conlan THIS WEEK'S EVENTS August 5. Wall Street Technology Association holds seminar on managing and deploying wireless technologies. 8:00 a.m. to 12:30 p.m., Southgate Tower Suite Hotel, 371 Seventh Ave. Fee: free for...

Executive Moves.(Profiles)(Burnham Securities Inc. hires Robert Friedman as managing director)
August 4, 2003... Byline: Joao H. Rodrigues ACCOUNTING & CONSULTING Anchin Block & Anchin: Marc A. Federbush, 42, was named co-chairman of the firm's apparel and textile services group. He continues as partner. Cornerstone Consulting Group: John F....

NY's art consulting scene becomes crowded landscape; Advisers multiply; are they qualified?(News)(fine art delivered to Jana Paley)
August 4, 2003... Byline: Miriam Kreinin Souccar Two weeks ago, Wendy Cromwell, a Manhattan-based independent art adviser, hand-delivered four pieces of specially chosen art to Jana Paley's house for her to consider. Ms. Paley, a real estate developer...

Seaport's Harbour Lights: worth joining the tourists; New chef's seafood sophistication, lower prices add more bait to panoramic hook.(Dining/Restaurant Review)(restaurant specializes in seafood)(Restaurant Review)
August 4, 2003... Byline: Bob Lape Fair weather or foul, harbour Lights offers some of New York's most enchanting ambiance, warm hospitality and fresh, appealing food and drinks. It works just fine for after-work relaxation, romantic interludes, private...

Low-fare Delta unit landing at NY airports; La Guardia flights complete strategy, but JetBlue is the gold standard.(News)(Delta Air Lines launches low-cost Song service)
August 4, 2003... Byline: Tommy Fernandez Delta Air Lines ups the ante in the discount air travel game today by launching its low-cost Song service out of La Guardia Airport. The move completes Delta's four-month expansion of Song to all three major...

REIT invades NY apartments; Denver-based Aimco snaps up properties in prime locations; others likely to follow.(News)(New York's residential market)
August 4, 2003... Byline: Lore Croghan In a move that could touch off a broad incursion by national real estate firms into New York's residential market, the country's largest publicly held apartment landlord is on a buying blitz in the city. ...

Nonpartisan vote's red herrings.(Viewpoint)(reform of local elections)
August 4, 2003... This fall, New York City voters will get a chance to decide if they would like to overhaul local elections by moving to the same sort of nonpartisan ballots used in virtually every other big city in America. The hyperbole accompanying the...

NY biotech deals spur venture capital rebound; Second-quarter funding pops 63%; Acorda Therapeutics leads the charge.(News)(New York City's venture capital sector on rise)
August 4, 2003... Byline: Samantha Marshall New York City's venture capital market is bouncing back, with biotechnology companies leading the way. Some 56 firms in the area received $380 million in venture capital funds in the second quarter of this...

TIAA-CREF loses college fund to trio with lower expenses; More investment options likely.(News)(TIAA-CREF dominates college plan sector)
August 4, 2003... Byline: Fran Hawthorne TIAA-CREF, the giant Manhattan-based pension fund, has run New York state's $1.8 billion college-savings program since it was launched in 1998. Money magazine this spring ranked the New York program one of the four...

6 get city tax breaks to return or expand; Industrial incentives come to $14 million.(News)(New York City Industrial Development Agency offers $1.4 mn in tax benefits)
August 4, 2003... Byline: Wendy Blake The city is providing $14 million in real estate and sales tax incentives to bring two manufacturers back to the city and help four others expand. The New York City Industrial Development Agency is providing up to...

New York, New York.(Briefs)(21 Club restaurant files lawsuit against Oceans 21 restaurant)
August 4, 2003... Byline: edited by Emily DeNitto Only room for one `21' The legendary `21' Club is taking umbrage at an upstart competitor's use of the number 21 in its name. In June, the venerable restaurant served up a lawsuit against Oceans 21...

NY the HQ town welcomes invasion of out-of-towners; Branches fill gap, but not everyone wins.(News)(many industries target New York City for expansion)
August 4, 2003... Byline: Tom Fredrickson Like a growing number of business executives, Jim Fitzgerald is filling a gaping hole in his company's network. He's opening branches in Manhattan for Wachovia Bank. The first two opened last week, and Mr....

Labor rallies around retraining; More local workers are taking advantage of union programs to upgrade skills.(Special Report: Education)(Service Employees International Union to train about 26,000 workers)
August 4, 2003... Byline: Ellen Ullman Ceciel Brackenridge was expecting anything but a merry Christmas after she received a layoff notice last November. But the day before her job in Brooklyn Hospital's billing department was set to end, she began...

Foreign attrition.(Special Report: Education)(enrollment of foreign students in local business schools )(Brief Article)
August 4, 2003... While local business schools are diversifying their curricula to stay relevant and retain students, they have had to fight attrition on yet another front. Since Sept. 11, enrollment of foreign students has dropped, in some cases due to more...

Schools re-examining MBA value proposition; Adjust programs to sustain enrollment.(Special Report: Education)(business schools' MBA program changes)
August 4, 2003... Byline: Jeremy Quittner This past June, members of the Graduate Management Admissions Council met in Dallas for their annual powwow. The conference theme was "the MBA value proposition.'' After years of worrying about how to handle the...

Teacher lounges go corporate; Fellows program attracts more ex-business execs.(Special Report: Education)(Teaching Fellows Program)
August 4, 2003... Byline: Daniel Gross Since graduating from Wellesley College with a degree in economics in 1996, Amy Basile has put in long hours in the financial world-three years in leveraged finance at Goldman Sachs and three years at private equity...

Once-shunned tenants now get royal treatment; Desperate landlords court photographers, architects and others, break the $20 barrier.(Real Estate)(commercial real estate market)
August 4, 2003... Byline: Lore Croghan When robert Appelblatt and Tim Crean went looking for a small space to house their brand-new postproduction firm, they did not expect much of a response from the city's real estate community. To their surprise,...

The Best of Bob Lape.(Dining/Restaurant Review)(Manhattan fine dining)(Restaurant Review)
August 4, 2003... 66 (2 1/2) 241 Church St. (at Leonard Street), Manhattan. (212) 925-0202. The new Jean-Georges Vongerichten/ Phil Suarez Chinese restaurant is red-hot in Richard Meier's spare yet convivial contemporary design. Fresh, flavorful and only...

Pfizer prepares to fend off rivals; Marketing mettle tested by two new Viagra competitors; learning from Lipitor.(News)(rival drugs from Eli Lilly and from GlaxoSmithKline, Bayer)
August 11, 2003... Byline: Samantha Marshall Janice Lipsky, head of Pfizer Inc.'s U.S. marketing team for Viagra, is gearing up for a fight. Two rival drugs from Eli Lilly and from GlaxoSmithKline and Bayer haven't even hit the U.S. market yet, but she's...

Government Alert: Matching fund mismatches; Council challengers lack funds; parties split on economy.(Briefs)(city council members get public matching funds)
August 11, 2003... A number of city council members are likely shoo-ins for another term, if the recent distribution of public matching funds by the City Campaign Finance Board is any indication. Charles Barron, Alan Gerson, John Liu, Eva Moskowitz and Bill...

Street Discovers Morgan's flaws; Card unit's best of underperforming lot; once-respected firm a class act no longer.(News)(Morgan Stanley's Discover credit card unit in turmoil)
August 11, 2003... Byline: Aaron Elstein After Morgan Stanley Chief Executive Philip Purcell said last week that something "imaginative'' needs to be done with his firm's Discover credit card unit, analysts were quick to pounce. Some went so far as to...

Tech expert turns layoff into help-desk empire.(Special Report: Small Business)(computer consulting firm)
August 11, 2003... Byline: Cara S. Trager Less than 18 months into her first full-time job, Clarice Kennedy, a computer science major from SUNY Buffalo, got a nasty shock. The computer consulting firm that she was working for went belly-up, passing all of...

Sheer will drives truck-repair shop.(Special Report: Small Business)(truck painting and repair business)
August 11, 2003... Byline: Cara S. Trager Sometimes, no matter how long the odds, it just pays to ask. Scott Pastor found that out when he volunteered to take over the failing truck painting and repair business in the Bronx that his boss wanted to shut down....

Plating business sets the gold standard.(Special Report: Small Business)(plating company expands operations)
August 11, 2003... Byline: Shira J. Boss Even in business, luck can be as important as skill. David Epner found that out when he was representing his family's 60-year-old plating company at a trade show in the early 1970s. When a representative from...

New York's Top Entrepreneurs.(Special Report: Small Business)(eighth annual small business awards)(Brief Article)
August 11, 2003... The winners of Crain's eighth annual small Business Awards did not just survive the city's economic downturn; they actually have continued to prosper. The winners include a duo that was the first to bring high-quality service to the buying...

Brooklyn baker seizes place in city's top gourmet stores.(Special Report: Small Business)(Erica's Rugelach and Baking Co.)
August 11, 2003... Byline: Shira J. Boss Erica Kalick knows her rugelach. Having grown up with her great aunt Pearl's special version of the rich Jewish pastry, Ms. Kalick was so appalled when she tasted a store-bought rugelach that she vowed to do better....

Big deals in small properties.(Special Report: Small Business)(commercial real estate market)
August 11, 2003... Byline: Shira J. Boss Back in 1988, as the real estate market built toward a frothy peak, a pair of young brokers at Coldwell Banker Commercial did something totally outlandish. They quit. While herds of top-notch real estate...

Telling Tales.(Special Report: Small Business)(Fish-and-chips restaurant)
August 11, 2003... Byline: Lisa Goff Fish-and-chips restaurant finds place to anchor Englishman andrew morrison and his Irish partner, Paul Gallen, knew that their new fish-and-chips restaurant concept, The Chipper, needed a special kind of neighborhood...

Building of boutiques captures Harlem's fancy.(Special Report: Small Business)(The Brownstone in Harlem's retail sector)
August 11, 2003... Byline: Cara S. Trager A strange thing happened to Princess Jenkins five years ago when she went looking for space in Harlem to house her small clothing business. When she discovered a brownstone on Fifth Avenue, just above 125th Street,...

2 top slices of authentic Neapolitan pizza; La Pizza Fresca, Naples 45 match ingredients, right down to the water.(Dining/Restaurant Review)(Restaurant Review)
August 11, 2003... Byline: Bob Lape Pies are square with me. I'm passionate about pizza, whether crunchy grilled at Fresco by Scotto, exotically topped at Otto, drizzled with truffle oil at Maloney & Porcelli, or served as a kind of forethought at Rocco's. I...

Correction.(Corrections)(New York Post advertising revenues )(Brief Article)
August 11, 2003... Competitive Media Reporting says advertising revenues at the New York Post reached $69.4 million in the first six months of 2003, a 21% gain over the year-earlier period. The Daily News showed a 2.4% drop, to $195 million. The figures were...

Taking center court; Tennis boss seeks to ace TV contracts, corporate ties.(News)(U.S. Open at National Tennis Center in Queens)
August 11, 2003... Byline: Jacqueline S. Gold It is two weeks before the U.S. Open brings its grunts and huzzahs to the National Tennis Center in Queens, and the Grandstand stadium is a mess. Cement mixers cover the court where players will soon hit aces...

Daily News faces a big test, and accuracy doesn't count.(Viewpoint)
August 11, 2003... Byline: Greg David Earlier this summer, the New York Post trumpeted a big sports scoop. Nets star Jason Kidd had demanded that his basketball team fire the head coach before he would re-sign. There were known tensions between Mr. Kidd and...

Executive Moves.(Profiles)(National Reprographics Inc.'s new director of facilities management)
August 11, 2003... Byline: Joao H. Rodrigues ARCHITECTURE & DESIGN National Reprographics Inc.: Daniel Gabrich, 35, joined as director of facilities management. He had been director of implant techniques at Louis Frey Co. Ira Packer, 54, joined as...

Painting a picture to draw galleries; Downtown alliance works to bring in art dealers; engineers move for incentives.(Real Estate)(alliance for downtown New York targets art galleries)
August 11, 2003... Byline: Lore Croghan The alliance for downtown New York has launched a campaign to get art galleries to move-that's right-downtown. There are actually plenty of galleries downtown, when the area is defined in a broad sense. When people...

Six winners tell their tales; Sept. 23.(Special Report: Small Business)(Brief Article)
August 11, 2003... The winners of Crain's eighth annual Small Business Awards will tell their stories at a breakfast on Tuesday, Sept. 23. The event will be held at the Sheraton New York, at 811 Seventh Ave. A networking breakfast at 8 a.m. will be followed...

Crain's Web site provides answers; ONLINE ADVICE.(News)(small business advice)(Brief Article)
August 11, 2003... Do you have questions about running a small business or starting one from scratch? Find answers on "Ask the Experts'' at www.crainsny.com. Each week in our Small Biz section, an industry expert handles a question from a local small business...

Retail name doesn't register.(Viewpoint)(Dorothy Shaver)
August 11, 2003... Byline: James Brady When I saw that headline in The Times, "Lord & Taylor To Shut Stores And Cut Jobs,'' a wave of mingled nostalgia and regret overtook me, and for the first time in years, I thought of Dorothy Shaver. For...

Asia Society scours globe in search of a president; Promotes diplomacy, culture; UN pension fund needs director.(Workplace)(regional security challenges)
August 11, 2003... Byline: Miriam Kreinin Souccar Last month in the Philippines, Australian Prime Minister John Howard gave a speech on regional security challenges at a forum hosted by the Asia Society. Earlier this summer, India's commerce and industry...

Clubs dancing into Chelsea; 6 establishments on same W. 27th St. block in delayed reaction to sex zoning law changes.(News)(Chelsea's Nightclub Row)
August 11, 2003... Byline: Lore Croghan Until recently, just about the only sign of life on far West 27th Street was the occasional delivery truck rumbling up to the scrap-metal recycling place. But now, the clamor of heavy machinery roars through the...

Cole fudges 20th to step up sales; Has solid finances, Wall Street fans.(News)(Kenneth Cole Productions Inc.'s special clothing collections)
August 11, 2003... Byline: Catherine Curan This fall, fashion company Kenneth Cole Productions Inc. is celebrating a major birthday-and, like many a fashionista, fibbing about its age. Cole is touting its 20th anniversary with special clothing...

Rents rise as tenants find Plaza sweet; Spurt of big renewals, new leases puts prestigious area ahead of pack.(Real Estate)(Office rents down in Manhattan)
August 11, 2003... Byline: Anita Jain Office rents fell precipitously across Manhattan in the past couple of years, but they are on the rise again in the tony Plaza district, the most exclusive office area in the city. Overall asking rents in the Plaza...

New York, New York.(Briefs)(new fiber-optic system in Vatican City)
August 11, 2003... Byline: edited by Emily DeNitto Morbid fascination Is nothing sacred? Manhattan-based Genesis Networks Inc. is installing fiber-optic lines for a massive pope deathwatch that has descended over Vatican City. Pope John Paul II, at...

New Executive: Fund's investor tester; Leads legal team, protects shareholders as TIAA-CREF's counsel, cop, coach.(Profiles)(Teachers Insurance and Annuity Association-College Retirement Equities Fund's new v-p)
August 11, 2003... Byline: Tommy Fernandez George Madison thinks that a good corporate counsel must be ready-in even the most complex of legal circumstances-to serve as a policeman. "My job is maybe 10% of the time about acting like a cop,'' he says....

2 years later: more business, few memorials; Broadway to light up on Sept. 11.(News)(New York City recovers from terrorist attack)
August 11, 2003... Byline: Anita Jain and Miriam Kreinin Souccar One month before the second anniversary of the worst tragedy in New York history, it looks like it will be nearly business as usual on Sept. 11. Broadway, which became a symbol of the...

JetBlue plans worth preserving.(Viewpoint)(JetBlue Airways' new terminal at JFK International Airport)
August 11, 2003... Should preservationists from an organization like the Municipal Art Society dictate to the executives of JetBlue Airways, one of the best-run companies in its industry, how to design their new terminal at JFK International Airport? Of course...

At Deadline.(Late News)(JetBlue Airways may build new terminal at JFK International Airport)
August 11, 2003... JetBlue deadline on JFK go-ahead JetBlue Airways says it must have a decision by the end of September on whether or not it will be allowed to build a new terminal at JFK International Airport. If not, it will reconsider its plans for a...

Note to readers:.(News)(Brief Article)
August 18, 2003... This issue of Crain's New York Business is delayed in reaching readers because of the power blackout.

Honest man takes the rap in Hamptons, for a change.(Viewpoint)(Long Island's Blue Parrot)
August 18, 2003... Byline: James Brady Free Lee Bieler! In California, everyone but Charles Manson is running for governor. And here on Long Island, we have a crime wave. Late Saturday evening, week before last, East Hampton cops and building code...

After many Lang years, Cafe displays its art; George Lang's Cafe des Artistes stirs memories as it delivers fine dining.(Dining/Restaurant Review)(Restaurant Review)
August 18, 2003... Byline: bob lape Every visit to cafe des Artistes causes me to marvel at how thoroughly delightful it is today-it's never been better-and what memories murmur in its lush and lovely quarters. In the beginning for me, there was the bar...

The Best of Bob Lape.(Dining/Restaurant Review)(Restaurant Review)
August 18, 2003... La Pizza Fresca (2) 31 E. 20th St. (between Broadway and Park Avenue South), Manhattan. (212) 598-0141. A rustic and casual spot to enjoy truly authentic Neapolitan pizza and 400 great Italian wines. They do go together. Good pastas, fish...

At Deadline.(Late News)
August 18, 2003... Large companies likely to be covered though small commercial property insurance policies typically exclude coverage for damage from power outages such as last week's blackout, larger companies are likely to have coverage. Whether...

Business seeks to speed plants; Key groups plan push for siting law; Democrats question transmission, dereg.(News)
August 18, 2003... Byline: anne michaud Following last week's massive blackout, New York's two leading business groups are calling for passage of legislation providing for fast-track approval of new power plants. The Partnership for New York City and the...

When the backup plan's backup doesn't work.(News)(Crain Communications loses power during blackout)
August 18, 2003... Byline: Rance Crain While David Klein, publishing and editorial director of Advertising Age, watched TV on Aug. 14, the day of the blackout, it showed the outage extending first to New York City and then to Detroit, Cleveland and Akron....

Developer briefs lawyers on Dumbo; Nearness to B'klyn courts is selling point; gallery hops along Spring Street.(Real Estate)(waterfront Brooklyn development)
August 18, 2003... Byline: lore croghan David walentas and his people have been courting all kinds of tenants for the commercial space in Dumbo, their waterfront Brooklyn development. It makes sense that sooner or later, they'd turn their attention to...

How to put the brakes on fraud.(Viewpoint)(ring of alleged Brooklyn fraud artists)
August 18, 2003... Last week, a ring of alleged fraud artists based in Brooklyn were arrested for bilking auto insurers of $48 million. They didn't really take advantage of the insurers. They fleeced all New Yorkers who are paying the second-highest, and...

New York, New York.(Briefs)(Barnes & Noble's author readings and book signings group loses key staff)
August 18, 2003... Byline: edited by Emily DeNitto Writing off booking staff Barnes & Noble prides itself on a constant schedule of popular author readings and book signings at its 630 stores. But on Sept. 5, in a cost-saving move, the company will lay...

Top NYC building sales list; sept. 1 issue.(News)(largest building sales in New York City)(Brief Article)
August 18, 2003... Costar group inc. is compiling data on the largest building sales taking place within the five boroughs of New York City between Jan. 1 and June 30, 2003. The list, which will include sales of office buildings, apartment buildings and hotels,...

Coney Island collaboration makes success a shore thing; Amusement park rivals pool marketing efforts to get most from 100-day season.(News)(Deno's Wonder Wheel Amusement Park marketing effort)
August 18, 2003... Byline: cara s. trager It may seem like an odd way to get ahead, but Dennis and Steve Vourderis admit that they do all they can to help their competitors. With a business year that stretches to only 100 days, they feel that they simply...

Government Alert: Class-action coalition lobbies Schumer; Asks for senator's help in moving lawsuits; Brooklyn- NJ tunnel favored.(Government Alert)(reforming securities class-action lawsuits)
August 18, 2003... The class action fairness Coalition, created by the U.S. Chamber of Commerce, is lobbying Sen. Charles Schumer to support a bill that would move many class-action lawsuits to federal court. The legislation is designed to end venue shopping by...

5 NY financial companies singled out for stock appeal; SI Bancorp, 4 others rank in top 100; cautious lending pays off.(Finance)(world's best-performing financial stocks)
August 18, 2003... Byline: tom fredrickson In a study ranking the world's best-performing financial stocks, five New York City-based companies were among the top 100 out of 560 measured. Staten Island Bancorp, New York Community Bancorp, Lehman Brothers...

Club throws weight around Manhattan; Popular, fast-growing Curves fitness chain for women appeals to franchisees, landlords.(Real Estate)(women's gym Curves International expanding)
August 18, 2003... Byline: catherine curan Having bulked up with thousands of locations nationwide in the past eight years, women's gym Curves International is flexing its muscles in Manhattan. Nine sites have opened here since last July, and the...

Big guns help St. Vincent sell S.I. site; Broker C&W to market hospital for other uses; system protects sister.(News)(Staten Island hospital to close)
August 18, 2003... Byline: lore croghan Saint Vincent Catholic Medical Centers has advanced its plan to close a money-losing Staten Island hospital by hiring real estate brokerage Cushman & Wakefield Inc. to figure out new uses for the property and then sell...

New Executive: Show time at the Apollo; Chief plans events to make the Harlem theater `epicenter for urban arts'.(Profiles)(Apollo Theater Foundation Inc.'s new chief, Jonelle Procope)
August 18, 2003... Byline: miriam kreinin souccar When the Apollo Theater Foundation Inc. began its search for a new chief last year, Jonelle Procope, a board member and veteran entertainment attorney, was chosen to head the nominating committee. Never did...

Seeking VC-backed stars; nominate promising firms.(Finance)(local venture-backed companies)(Brief Article)
August 18, 2003... Crain's new york business and the national Venture Capital Association will be choosing the most promising local venture-backed companies this fall. To be eligible, a firm must be headquartered in the metro area and must currently have VC...

Bad bond deal, and all that.(Viewpoint)(Republican Party in New York)
August 18, 2003... Byline: Alair Townsend When I was growing up in upstate New York, I thought that Sen. Javits and Gov. Rockefeller had the same first name: "That.'' In my household, it was always "That Rocky'' and "That Javits.'' To my conservative...

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