Crain's New York Business articles from February 2002

Crain's New York Business archives from February 2002

NY investors venture forth to find deals; Great bargains and hopes for rebound bring renewed interest in startups.(News)
February 4, 2002... Byline: lisa fickenscher ***** Correction: A chart in the Feb. 4 article ``NY investors venture forth to find deals'' misidentified the fourth- and fifth-largest venture investments last year. The correct deals were for Eyetech...

Empire State emptying out as tenants flee; Anxiety lingers; vacant space triples.(News)
February 4, 2002... Byline: lore croghan ***** Correction: Investor Irving Schneider owns a minority share of the master lease of the Empire State Building. An article on the building in the Feb. 4 issue mischaracterized his ownership position. *****...

Cancer project proving skeptics wrong; Can AMDeC keep its momentum?(Academic Medicine Development Co. recruits for New York Cancer Project research)(Brief Article)
February 4, 2002... When Maria Mitchell was drumming up support for the New York Cancer Project, a no less distinguished scientist than the head of the National Cancer Institute told her it wouldn't be easy. He was one of a string of skeptics who said she'd...

The Best of Bob Lape.(New York City restaurants)(Brief Article)(Directory)
February 4, 2002... Lawrence Scott Restaurant (2 1/2) 1363 First Ave. (between 73rd and 74th streets), Manhattan. (212) 396-4555. A culinary wizard in a wheelchair, Lawrence Scott designed every detail of his cozy and romantic new American restaurant....

Real Estate Watch: Investor gets between hard place and Rockaways ; Pays complex's city tax lien.(multiple briefs)(Brief Article)
February 4, 2002... White knight investor Metrovest Equities Inc., which makes a business of rescuing residential buildings burdened with bad loans, is moving into the Rockaways. The Astoria-based firm acquired the Dayton Seaside apartment complex in Queens...

What's wrong with this picture?; Pocket computers with cameras track city problems in nonprofit's program.(Fund for the City of New York hopes to improve city)(Brief Article)
February 4, 2002... New Yorkers are taking concerns about urban blight into their own hands-literally. A new initiative involving hand-held computers equipped with cameras will document problem areas in Manhattan and the other four boroughs so that city...

Health Pulse fax free trial subscription.(Crain's Health Pulse fax)(Brief Article)
February 4, 2002... 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 and affiliations, contracts, executive...

Doctoroff discusses development; Crain's Breakfast Forum, Feb. 26.
February 4, 2002... The city's new deputy mayor for economic development, Dan Doctoroff, will discuss rebuilding downtown, the city's efforts to retain business and the Bloomberg administration's development priorities at the Crain's Breakfast Forum on Tuesday,...

Stock Watch: Fix-it team has investors eating out of its hands; Triarc's turnaround artists seek next deal, backed by solid revenue from Arby's.(Nelson Peltz and Peter May)(Brief Article)
February 4, 2002... Nelson peltz and peter May have made a fortune from foods and beverages, and now they're hungry for more. The two are chairman and president, respectively, of Triarc Cos., a holding company whose revenues are derived primarily from...

How to help fix city budget.(reducing lawsuit expenditures)(Brief Article)
February 4, 2002... Facing a budget deficit of more than $3 billion for the next year, New York City clearly must make painful cuts in services that will allow it to live within its means. But as Mayor Mike Bloomberg argued last week, giving the city a fair shake...

New foreign policy; Humanitarian groups see giving soar.(International Rescue Committee and other nonprofit organizations see rise in contributions)(Brief Article)
February 4, 2002... On Sept. 12, Janet Harris began the painful process of cutting her budget at the International Rescue Committee. She believed that few people would care about refugees in hot spots around the world when such a huge catastrophe had just...

NY investors venture forth to find deals; Great bargains and hopes for rebound bring renewed interest in startups.(venture capital companies begin to invest again)(Brief Article)(Statistical Data Included)
February 4, 2002... For the past 18 months, investors who looked at the business plans that John Delaney brought them were just doing him a favor. Now, they actually want to meet with the entrepreneurs he represents. ``It's very clear that VCs are hungry to...

New York, New York.(multiple industry briefs)(Brief Article)
February 4, 2002... survival of THE FITTEST Chinoiserie, a trendy restaurant in the Hotel Giraffe, has shut down in short order. Its demise marks another in a string of high-end, hip eateries that sprang up a year ago with good initial buzz, but that were...

AT DEADLINE.(Brief Article)
February 4, 2002... Agency lease The Interpublic Group of Cos. is closing in on a deal to rent 270,000 square feet at 100 W. 33rd St., the Herald Square-area building where displaced World Trade Center tenant Bank of America is moving. The pending deal would...

Access to Crain's databases.(electronic databases)(Brief Article)
February 4, 2002... Crain's 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. Dow Jones also...

Government Alert: Auto insurance bill fuels state debate; NY Senate votes to renew flex rating with Pataki's support; Democrats object.(multiple briefs)(Brief Article)
February 4, 2002... Rising car insurance rates are again becoming a contentious issue in Albany. The state Senate at its first session this year passed legislation to reinstate ``flex rating,'' which would allow car insurers to increase or decrease rates by...

Seeking chance of reign; TV stations take weather coverage to next degree, hope for winter `event'.(Brief Article)
February 4, 2002... As January and its mild temperatures give way to February, this year's winter weather has been-well, almost nonexistent. Tell that to New York's local television stations, which are busily ramping up their coverage. WCBS-2 has lengthened...

Subs dig in at Ground Zero; Small contractors do most of the job; hope for more work.(small subcontractors do main clean-up of World Trade Center rubble)(Brief Article)
February 4, 2002... A man wearing a respirator and yellow rubber boots slogs through the greenish rainwater in the basin of Ground Zero, helping to lay the footings for a new bridge. The old one, made of debris, must be replaced because human remains were detected...

Lincoln Center restaurant hub faces final curtain; Hit by rent hikes, construction, competition.(Brief Article)
February 4, 2002... Andrea Traubner, a lifelong music buff, has visited Lincoln Center perhaps 1,000 times. She usually grabs a bite before or after a performance, and sometimes both. Last week, having skipped a few nights at the Met, she was shocked when she...

Bad name a stroke of luck.(Accenture Ltd.'s name helps distance it from Enron scandal)(Brief Article)
February 4, 2002... A year ago, when andersen consulting became Accenture, people lined up to deride the new moniker. Edward Saenz, founder of Gravity Branding, a San Francisco firm that comes up with new company and product names, told The Wall Street Journal...

Empire State emptying out as tenants flee; Anxiety lingers; vacant space triples.(Empire State Building losing tenants after Sept. 11)(Brief Article)
February 4, 2002... A growing number of companies are fleeing the Empire State Building, or trying to sublet their offices so they can leave, because of fears engendered by the Sept. 11 terrorist attack on the World Trade Center. The amount of available space...

Mt. Sinai lures Florida doc to fix hospital's finances; He's committed to independence; must act on consultant's report.(Mount Sinai Medical Center appoints Dr. Kenneth Berns)(Brief Article)
February 4, 2002... After 18 months without a permanent leader, Mount Sinai Medical Center last week named a Florida physician and scientist to be its new chief executive. Dr. Kenneth Berns, 63, currently vice president for health affairs and dean of the...

Worth more than its salt; Oceana continues its sea voyage, earning 4 stars; wine markups reap sour grapes.(New York City restaurant)(Brief Article)
February 4, 2002... Turning 10 this month, Oceana rates a 10 for excellence and consistency. The fortitude and flexibility of the John Livanos family in not just taking on Manhattan, but also upscaling dramatically from a base of diners, has long since been...

After fast-track success, FrontLine hits end of line; Real estate mogul's shaky e-business quakes Reckson Associates stock.(FrontLine Capital Group and Reckson Associates Realty Corp.)(Brief Article)
February 4, 2002... Two years ago, frontLine Capital Group was the sixth-best performer on the then-hot Nasdaq. Its success had turned its founder, Scott Rechler, a young mogul, into something of a real estate star. Now, Manhattan-based FrontLine, which sold...

Who's minding the store?(top retail mangers of the past)(Brief Article)(Editorial)
February 4, 2002... Long before women's wear daily became chic, it was an accurate, influential and highly respected trade paper that billed itself as ``the retailer's daily newspaper.'' I began my career there in 1953 as its retail news beat reporter in New York,...

Real estate news available as it breaks.("Crain's New York Business" Web site)(Brief Article)
February 4, 2002... For breaking real estate news, readers can go to www.crainsny.com, the Web site for Crain's New York Business. Visitors can also sign up to receive free e-mail news blasts for real estate and other industries important to New York City. To...

WCBS news programs lose at monopoly; Ratings flag despite post-Sept. 11 edge in transmitting; 2002 gains are small.(NY television stations)(Brief Article)
February 4, 2002... When the broadcast tower fell along with 1 World Trade Center on Sept. 11, WCBS-2 and WXTV-41 were the beneficiaries of a terrible gift. Because both had transmitters on the Empire State Building, millions of television viewers without...

Citibank narrows the gap; Retail bank muscles up to NY leader J.P. Morgan Chase; late growth spurt.(Brief Article)(Statistical Data Included)
February 4, 2002... Late last year, Wall Street analysts came to an unusual meeting at Citigroup's Park Avenue headquarters. There, they got a lengthy look at the company's fastest-growing and most profitable business: not its dealings in sexy mega-mergers,...

Economic climate improving for executive search firms ; Hiring begins again as companies plan for a rebound.(Brief Article)
February 4, 2002... In her 30 years as a headhunter, Millie McCoy had never gone a whole quarter without being asked to conduct a single new search. Until the fourth quarter of 2001. Along with the rest of Gould McCoy & Chadick Inc., the practice she manages,...

Corrections.(Brief Article)
February 4, 2002... * The price range for Lawrence Scott Restaurant is $18 to $30. The range was misstated in the Jan. 21 restaurant review due to a production error. * The chairman of Cadwalader Wickersham & Taft is Robert Link. He was misidentified in the...

Ivory-towered arrogance.('Crain's New York Business' editor discusses investing)(Brief Article)(Editorial)
February 4, 2002... The enron mess and the feathers we ruffled last week with our front-page story ``Retirements at risk'' make it time for some confessions from the editor. You might learn more about me than I want you to know, but I am in the business of...

Game's over for firms playing with numbers; Earnings-padding, other practices under fire; companies clean up acts.
February 4, 2002... For three years now, Harvey Kelly had seen a quiet but steady acceleration in the growth of his business. Then came Enron. Now, the partner in the forensic accounting division of PricewaterhouseCoopers has become the man of the moment. ...

Brooklyn left speechless by council speaker loss; Annus horribilis for boss Norman saps borough clout, but coup unlikely.
February 4, 2002... Brooklyn, as the state's largest county and the city's biggest borough, should be a political powerhouse, with its leaders wielding clout from City Hall to Albany to Washington. Instead, incessant feuding among Democratic leaders has turned...

Crain's reprints available.(Brief Article)
February 4, 2002... Crain's New York Business offers reprints of the articles it publishes. The reprints can include black-and-white or color photos that accompany the story. To obtain an estimate of the price and the turnaround time for a reprint, please contact...

Executive Moves.
February 4, 2002... ACCOUNTING & CONSULTING Bain & Co.: David Shpilberg, 51, joined as director and head of the information technology practice. He was formerly interim chief executive officer of Nimbus Group. BDO Seidman: David E. Berliner, 40, was...

New center of attention: JCC gratifies West Siders ; Members pour into fitness facility; for-profits, Y get run for money.
February 4, 2002... When the new Jewish Community Center on the Upper West Side opened its doors on Jan. 2, the building wasn't finished and it didn't even have heat. That didn't stop hundreds of anxious members from lining up to get their ID cards for the...

Meet Mike's team.(Brief Article)
February 4, 2002... The Steven L. Newman Real Estate Institute is offering a limited number of Crain's New York Business readers an opportunity to meet members of the Bloomberg administration at a special reception on Friday evening, Feb. 8, starting at 6 p.m. ...

The weeks ahead.
February 4, 2002... This Week's Events FEBRUARY 5. Employment Advisory Committee holds program on resume preparation. 6:30 PM to 8:00 PM, Fifth Avenue Presbyterian Church, 7 W. 55th St., eighth floor, rear. Free. (212) 247-0490. FEBRUARY 5. The Manhattan...

Expanding by buying debt.
February 4, 2002... What do you do for an encore after you've bought the worldfamous Citigroup Center? Eric Hadar, who purchased the skyscraper last year with partner Boston Properties Inc., went looking for out-of-favor investment sectors where there's...

Small Business: Consultants provide all the trimmings; Outside advisers teaching firms how to make the cheapest cuts.
February 4, 2002... Last year, executives at J.A. Henckels decided that the time had come to pare back their office expenses, which had been rising inexorably for years. Rather than starting to count paper clips, the cutlery manufacturer and distributor brought in...

New Executive: Preparing for unexpected; Emergency chairman preps Saint Vincent system for threats to New York City.
February 4, 2002... Another terrorist attack on New York City could kill millions of people. Dr. Paul Karis has come here to make sure that he could save as many lives as possible. As the new system chairman of emergency medicine at Saint Vincent Catholic...

After fast-track success, FrontLine hits end of line; Real estate mogul's shaky e-business quakes Reckson Associates stock.(Scott Rechler)(Brief Article)
February 4, 2002... Two years ago, frontLine Capital Group was the sixth-best performer on the then-hot Nasdaq. Its success had turned its founder, Scott Rechler, a young mogul, into something of a real estate star. Now, Manhattan-based FrontLine, which sold...

Consulting billions in play; NY firms limit auditors' work; scramble is already under way.(News)($570 mn in consulting work for top public companies)
February 11, 2002... Byline: stephen gandel As much as $570 million in consulting work from the 20 largest public firms in New York City is coming up for grabs as companies, investors and lawmakers reassess the relationships between auditors and their clients....

the best of bob lape.(Dining/Restaurant Review)(Manhattan restaurants)(Brief Article)
February 11, 2002... Oceana (4 stars) 55 E. 54th St. (between Madison and Park avenues), Manhattan. (212) 759-5941. Now 10, the Livanos family's seafood mecca is powered by Rick Moonen's inspired contemporary cooking, 1,000 wines, and service as smooth as...

Mod Mediterranean; Theater district's Marseille seasons coastal cuisines with decibels.(Dining/Restaurant Review)(new restaurants in the theater district)
February 11, 2002... Byline: bob lape Asked about new restaurants in the theater district, I recently suggested the new Mediterranean brasserie Marseille, and got polar opposite reactions. After I reported exciting and good food amid almost stunning noise, one...

No assembly required.(Viewpoint)(World Economic Forum, police and security costs)
February 11, 2002... Byline: James Brady There was considerable flapdoodle and taradiddle being aired around here the week before last about the World Economic Forum, much of it stuff and nonsense. I draw two conclusions: The entire business was an...

Stock Watch: Paper gains for revamped publisher; Reader's Digest share price rebounds even as earnings slump lingers.(Stocks)(Reader's Digest Association Inc. has bad year)
February 11, 2002... Byline: valerie block Wall street seems to be regaining an appetite for shares of Reader's Digest. In recent months, the stock has rebounded from its 52-week low of $15.65 on Oct. 30-closing at $20.44 on Friday-and analysts say earnings...

Taking on the boys; Radio Chick tries to crack morning monopoly.(News)(Leslie Gold talk show)
February 11, 2002... Byline: valerie block If there's one thing that Leslie Gold doesn't like about her new weekday morning show on WAXQ-FM, it's waking up at 3:30 a.m. for a 6 a.m. start. On a recent Saturday night, she passed out at 9 o'clock. ``I...

Bad bet leaves Alliance shaken; Suits, defections hit asset manager.(News)(Manhattan asset management company faces lawsuits)
February 11, 2002... Byline: heike wipperfurth Alliance Capital Management, one of Manhattan's premier asset management companies, is fast becoming another casualty of the Enron scandal. After losing hundreds of millions of dollars on Enron stock,...

Mayor swaps role with watchdogs; Bloomberg claims $4.5 billion gap while experts see smaller shortfall.(News)(Mayor Michael Bloomberg's budget crisis)
February 11, 2002... Byline: philip lentz When Rudy Giuliani was mayor, he routinely said impending city budget gaps were smaller than fiscal monitors predicted they would be. Mayor Michael Bloomberg-in another example of how his mayoralty differs from his...

Free trial for daily political fax.(News)(Brief Article)
February 11, 2002... Crain's offers free two-week trial subscriptions to The Crain's Insider, a daily fax covering government and political issues of importance to business executives, lobbyists and others interested in the inner workings of city and state...

New Executive: Stepping out of the shadow; Penguin Putnam's new CEO turns the page on the Phyllis Grann era.(Profiles)(David Shanks, new chief executive officer)
February 11, 2002... Byline: valerie block When david Shanks graduated from the College of the Holy Cross in 1968, he took a lowly job at his father's book and magazine distribution firm in Trenton, N.J., driving a delivery truck on the midnight shift. He...

DOCTOROFF DISCUSSES DEVELOPMENT; Forum, Feb. 26.(News)(Daniel L. Doctoroff will rebuild downtown NYC)(Brief Article)
February 11, 2002... The city's new deputy mayor for economic development and rebuilding, Daniel L. Doctoroff, will discuss rebuilding downtown, the city's efforts to retain business and the Bloomberg administration's development priorities at the Crain's...

Accountants' second helpings; Second-tier firms ready to snap up midsized clients as Big 5 fall from grace.(News)(McGladrey & Pullen's New York accounting firm seeks contracts)
February 11, 2002... Byline: tom fredrickson In the midst of all the turmoil created by the Enron implosion, Fabio Berkowicz senses his opportunity. With many companies large and small now likely to seek out accountants with unblemished reputations, Mr....

Don't pass hat; grab bootstraps.(Viewpoint)(President George W. Bush pledges $20 bn in direct aid to New York)
February 11, 2002... Last week began with the bush administration's budget director, tired of New York's constant lobbying for more federal aid, saying that the city didn't deserve more than $20 billion, including the money going to the families of the victims of...

Warnaco strips down to business; Turnaround guru trims fat; courting Calvin Klein key.(News)(Warnaco Group Inc.'s sportswear division president)
February 11, 2002... Byline: catherine curan As John Kourakos prepared to report for his first day as president of Warnaco Group Inc.'s sportswear division last Monday, he had no need to write down the address. He'd been there before-for two years as...

Divvying up the Web sales profits.(Special Report: Small Business)(e-commerce marketing)(Brief Article)
February 11, 2002... Even for small businesses that are succeeding with online sales, dreams of Internet-generated riches have given way to the realities of doing business on the Web. Lynn Chase's Manhattan-based china and tableware company, Lynn Chase Designs,...

Different vision for eyewear retailing; Adding high-fashion accessories helps optical store become a chain.(Special Report: Small Business)(flagship store features haute bohemian hats and scarves)
February 11, 2002... Byline: matthew flamm She never took any B-school courses that would have taught her the proper ways to develop and market a brand. But when Selima Salaun opened her first eyewear shop, at 59 Wooster St., in 1993, she understood that all...

Architect crafts return in wake of WTC disaster; Gruzen Samton still met its deadlines.(Special Report: Small Business)(architect firm loses everything)
February 11, 2002... Byline: shira j. boss Just 10 months after Gruzen Samton moved into its new offices at 90 West St., opposite the World Trade Center, it had to relocate again-but this time without anything to move. On the morning of Sept. 11, all 130...

Diamond district cleans up image; Small dealers unite to combat public's fears of dishonesty and intimidation.(Special Report: Small Business)(small, family-owned jewelry retailers )
February 11, 2002... Byline: cara s. trager Oliver Stebich isn't impulsive-especially when it comes to big purchases. Before he finally bought his fiancee's 1.45-carat diamond engagement ring last year, he had priced comparable rings everywhere from Fifth...

Struggling travel agents buffeted by new crisis; Flexibility the ticket after Sept. 11.(Special Report: Small Business)(airline commissions dropping)
February 11, 2002... Byline: laurie joan aron Once, travel agents Jill and Marc Kabat had it easy. Their clients loved to travel and the Kabats were able to collect a fat 10% commission on every airline ticket they sold to them. Six years ago, though, the...

Downtown alliance reconstructing staff; 3 defect to Bloomberg administration; exec needed to slip into intimate apparel unit.(Workplace)(Alliance for Downtown New York)
February 11, 2002... Byline: miriam kreinin souccar Resumes have been piling up at the Alliance for Downtown New York since word got around that it was looking for a new vice president of economic development. Carl Weisbrod, president of the Alliance for...

NET LOSSES; The high costs and low returns of e-commerce are forcing owners to pull back from online sales; revamped plans shift focus to sales support.(Special Report: Small Business)
February 11, 2002... Byline: Andrew Marks Back in 1999, george burns, the owner of a thriving carpet cleaning and repair business with two outlets, felt like he was missing out. All around him, companies were offering online services and gaining attention that...

New York, New York.(Briefs)(Terra Chips moves production plant from New York to New Jersey)
February 11, 2002... Byline: edited by Emily DeNitto WHERE THE CHIPS FELL The maker of one of the nation's toniest snack-chip brands, Terra Chips, has moved its production plant from New York to New Jersey, becoming another manufacturer that has found it...

A good time and a half: Execs splurge on hobbies; Working hard at playing hard offers balance-or another avoidance tactic.(Workplace)(Citigroup executive Steve Bernstein leads small publisher)
February 11, 2002... Byline: samantha marshall Citigroup executive Steve Bernstein recently used a 20-hour nonstop flight to Singapore to bang out a few chapters of his first novel. In the time left over from his 12-hour days on the job, the father of three...

AT DEADLINE.(Late News)(AT&T Corp. will expand local service in New York )
February 11, 2002... AT&T plans big push AT&T Corp. says it will sharply increase spending to expand local service in New York in the wake of a Public Service Commission ruling that slashes by an average of 30% what AT&T pays Verizon Communications Inc. for...

Telling Tales.(Special Report: Small Business)(specialty lighting company leaves city)
February 11, 2002... Byline: lisa goff Manhattan exit a bright idea for lighting firm Manhattan has lost one of its few remaining small manufacturers: Edison Price Lighting Inc., a $24 million specialty lighting company founded in the borough 49 years ago....

Government Alert: Effort to block infertility bills grows; Employer group says treatments will cost up to $200 million a year.(Briefs)(diagnostic and medical treatments for infertility)
February 11, 2002... Employers and hmos are reviving a campaign this year to block passage of legislation requiring insurers to pay for infertility treatments. Last year, both houses of the state Legislature passed bills requiring coverage, but they failed to...

Executive Moves.(Profiles)(Council of Public Relations Firms new president)
February 11, 2002... Byline: joao h. rodrigues ACCOUNTING & CONSULTING Travers O'keefe: Eric Wurzel, 34, was promoted to partner and executive vice president of sales for the employee benefits consulting firm. He was formerly vice president of sales. ...

The Weeks Ahead.(Calendar/Datebook)(American Woman's Economic Development Corp. seminar)
February 11, 2002... Byline: denise southwood This Week's Events february 12. WorkTalk hosts program on coping with new dimensions of stress since Sept. 11. 6:00 PM to 8:30 PM, St. Jean Baptiste Church, Community Center, 184 E. 76th St. Fee: $10. (212)...

Corrections.(Empire State Building lease)(Brief Article)(Correction Notice)
February 11, 2002... * Investor Irving Schneider owns a minority share of the master lease of the Empire State Building. An article on the building in the Feb. 4 issue mischaracterized his ownership position. * A chart in the Feb. 4 article ``NY investors...

Recognizing warming signs.(Viewpoint)(Ann Taylor new Manhattan store)
February 11, 2002... Byline: Alair Townsend My neighborhood walks will soon begin to include a search for harbingers of spring. The West Village is not much of a garden spot. But I know which small rectangular interruptions in the concrete have spring-flower...

Real Estate Watch: Firm makes room for more; Interior design shop grows by acquiring; street furniture company nails down space.(News)(LWC Corporate Inc. acquires New York Design Collaborative Inc.)
February 11, 2002... Byline: lore croghan Interior design/build firm LWC Corporate Inc. has made its first major acquisition by buying New York Design Collaborative Inc. Manhattan-based LWC, a one-stop interior shop with some 75 architects, engineers and...

Real Estate Watch: C&W vet builds own home, makes news by eyeing rival; Top broker will now consult, invest; second deli location is staged right.(James H. Coleman of Cushman and Wakefield)(Brief Article)
February 18, 2002... Cushman & Wakefield Inc.'s top producer, James H. Coleman, has left the big commercial real estate brokerage and launched a firm of his own. His company is off to a fast start. In the mere month that Hanley Advisors has been in business,...

Neglect puts Chase at risk; Renewed focus on consumer operation may be too late; rivals nab clients, bankers.(Statistical Data Included)
February 18, 2002... Faced with reversals on many fronts-from Enron, Tyco and Argentina to a slew of busted dot-coms-executives at J.P. Morgan Chase have come up with an unexpected solution. In the quest to help get Chase moving forward again, they have turned to...

New Executive: Steering a tricky course; Brand-builder takes on 2 money-losing units of Cablevision; plans to cross-sell.(Jeff Yapp of The Wiz, Clearview Cinemas)(Brief Article)
February 18, 2002... Jeff yapp has had a long business career, but the inspiration for it began when he was a teen-ager racing down the ski slopes of Park City, Utah. Bill Smithburg, then a senior executive at Quaker Oats and a colleague of Mr. Yapp's father,...

Award applications.(Brief Article)
February 18, 2002... Lighthouse International is seeking applications from working-age adults who are blind or partially blind for its 23rd annual Career Achievement Awards. The organization offers the awards in three categories: employee, employer and...

The Weeks Ahead.(Brief Article)
February 18, 2002... This Week's Events FEBRUARY 19. National Association of Women Business Owners, New York City chapter, holds meeting on structured networking. 5:30 PM to 8:00 PM, HSBC, 452 Fifth Ave. Fee: $25 members, $45 nonmembers. (917) 492-5590. ...

Executive Moves.(New York City business executive appointments)(Brief Article)
February 18, 2002... ACCOUNTING & CONSULTING Clark/Bardes Consulting: Michael O'Malley, 48, joined the New York office as principal and practice leader in the reward and performance group for the Marlborough, Mass.-based compensation consultant. He was...

Doctoroff discusses downtown, strategy; Crain's Breakfast Forum, Feb. 26.(NYC's deputy mayor, Daniel L. Doctoroff)(Brief Article)
February 18, 2002... The city's new deputy mayor for economic development and rebuilding, Daniel L. Doctoroff, will discuss rebuilding downtown, the city's efforts to retain business and the Bloomberg administration's development priorities at the Crain's...

New York, New York.(tough economic times for restaurants floods market with experienced wait staff)(Brief Article)
February 18, 2002... MORE SERVERS IN SHORT ORDER Hard economic times are clearly affecting the city's restaurant business, but there is an upside: a bumper crop of experienced wait staff. Until last year, when a new eatery opened almost every business...

Mayor is right not to raise taxes.(Michael Bloomberg of NYC)(Brief Article)
February 18, 2002... Mayor Michael Bloomberg is drawing a line in the sand. He won't raise taxes to close New York City's $4.7 billion budget gap. But he will be pushed and prodded and leaned on to do just that. He deserves a strong public campaign by...

Broadway's bouncing back with new act; Despite Sept. 11, box offices light up with Hollywood stars in new plays.(Brief Article)
February 18, 2002... Rocked by the loss of tourists after Sept. 11, the outlook for Broadway this spring was dark. Long-running shows had been forced to close. Investors were skittish. Advance ticket sales for existing shows were at their lowest levels in years....

Grand reopening; Downtown retailer Century 21 fashions a comeback, but will the shoppers return?
February 18, 2002... A few weeks after the Sept. 11 terrorist attack, Raymond Gindi finally gained access to Century 21's Cortlandt Street building opposite Ground Zero. There, he discovered a chunk of one of the Twin Towers resting inside, its silvery surface...