Crain's New York Business articles from February 2006

Crain's New York Business archives from February 2006

Romantic spot close to the city; In Paramus, Chakra features new American with Asian accents; some letdowns.(Chakra)(Restaurant Review)
February 6, 2006... Finding the ambitious new restaurant Chakra is an adventure well worth the candle. Make an abrupt right turn from Route 4 East in Paramus into its valet-attended parking lot and discover exciting dining replete with scores of candles. The...

Agenda For New York.(Report: Agenda for New York)(Brief Article)
February 6, 2006... Despite its strong economy and flush budget, the city faces big economic and development issues. Crain's annual section looks at New York's failure to create jobs, the squeezed middle class, problems in reviving downtown and developing the West...

Help upstate-fix workers' comp.(Viewpoint)(Workers' compensation)
February 6, 2006... Upstate politicians, both Democrats and Republicans, have a long-standing Faustian bargain with the powers in Albany. They win more than their fair share of school aid, economic development funds and other goodies. In return, they are relegated...

The Insider.(Briefs)
February 6, 2006... Byline: erik engquist and anne michaud One union backs Spitzer; another wavers Eliot spitzer picked up the support of the state's most powerful labor union for his gubernatorial campaign last week, and there were signs that he might be...

Wal-Mart tags designers; Giant retailer follows Target's lead in trying to broaden appeal.(News)
February 6, 2006... Byline: Elisabeth Butler In her 2004 hit song "Redneck Woman,'' country singer Gretchen Wilson touted Wal-Mart's cheap clothes by singing, "I don't need no designer tag to make my man want me.'' At the time, Wal-Mart Stores Inc....

Investment bank transfers offices; Four sign subleases to fill Third Avenue building; John St. works out for gym.(Real Estate)
February 6, 2006... A french investment bank has rid itself of 135,000 square feet of space at 666 Third Ave. Calyon--formed when Credit Agricole S.A. acquired Credit Lyonnais S.A. in late 2002--has consolidated its offices at 1301 Sixth Ave. Four separate...

Hospitals upgrade in cost-cutting era; Projects abound even for financially troubled.(News)
February 6, 2006... Byline: Gale Scott Saint vincent catholic medical Centers may be in bankruptcy, but it is spending $200,000 to redesign the lobby at its 12th Street flagship, St. Vincent's Manhattan Hospital. The hospital system is replacing the...

Time Warner shows old media can still fly; Company rises again, thanks to Dick--or Carl; many units gain.(In the Markets)
February 6, 2006... Byline: Matthew Flamm Time warner Chief Executive Richard Parsons publicly patted himself on the back last week for the swell job he'd done in producing a 21% jump in fourth-quarter profits. Others, however, swore they saw the influence of...

Cutting through tax-cut clutter.(taxation for federal employees)
February 6, 2006... Byline: Greg David George pataki was elected governor in 1994 because he wasn't Mario Cuomo and because he promised that he would cut taxes to lift the sinking New York economy. Harking back to those glory days, Mr. Pataki has staked his...

Entering a new portal; Tech veteran leaves establishment for Yahoo; will build East Coast research center.(information industry technology )
February 6, 2006... Byline: Amanda Fung For almost two decades, Ron Brachman oversaw research at two of the most established operations in the country: AT&T Labs and the U.S. Defense Department. In late December, the Philadelphia native entered a more...

Past & Future.(In the Markets)
February 6, 2006... Teenage love can be fickle, but for now, fashion retailer Aeropostale Inc. seems to be back in the good graces of young shoppers. The retailer reported a stellar final 2005 quarter, with sales up by nearly a third from the year-earlier period....

Stagnation's grip spurs an exodus; State must alleviate high costs to keep manufacturing jobs, young adults upstate.(Report: Agenda for New York)
February 6, 2006... Byline: Jay Gallagher People driving out of the New York metro area up Route 17 to the Southern Tier, or on the Thruway into the Mohawk Valley, don't actually drive off a cliff. They don't travel into another dimension, or even another...

Upstate chooses funding over much-needed reforms; Business bloc must push powerful pols to fight for changes that create jobs.(role of lawmakers)
February 6, 2006... Byline: Jay Gallagher For a ship that seems to be foundering in a stormy economic sea, upstate New York is a remarkably tranquil place politically. Most local mayors, including Matthew Driscoll in Syracuse and Gerald Jennings in...

Strong city economy fails to create many jobs; Tax structure change could help attract, keep small business.(Report: Agenda for New York)
February 6, 2006... Byline: Elizabeth Macbride More than two years into an economic recovery, New York City's job machine is operating in low gear. Without a kick, it may get stuck there. Preliminary numbers show that the city netted only 43,000 jobs in...

NY's middle class caught in vise; More jobs needed in higher-paying sectors; health care relief would assist.(economic recovery New York)
February 6, 2006... Byline: Elizabeth Macbride The easy politics in New York City have always been about decrying how the poor are getting poorer. In this economic recovery, though, it's the middle class that's not keeping up. A growing number of...

Pedaler.(Business Lives)(Brief Article)
February 6, 2006... Byline: amanda fung Peter Meitzler 45, founder of Manhattan Rickshaw Co., pioneered the three-wheeled pedicab service in Manhattan in 1995. The legal assistant by day now runs a fleet of 17 pedicabs and drives once a week. "It keeps you in...

ARCHITECTS' BEST MEDICINE.(News)(Brief Article)
February 6, 2006... The surge in hospital upgrade and beautification projects is keeping local design firms hopping. Paul Whitson and Jaques Black, partners at daSilva Architects in Manhattan, say that in five years, the company has doubled the number of...

Lower Manhattan at risk of losing business element; Developers must get the message: Tenants and residents need services, transportation.(Report: Agenda for New York)
February 6, 2006... Byline: Julie Satow Despite efforts by politicians and real estate developers to revive lower Manhattan's business district, its future is uncertain. The amount of office space leased in the final quarter of last year was the smallest...

Development plans for W. Side falling by wayside; Coordinated effort needed to advance Javits expansion, subway construction.(construction contracts of convention centers)
February 6, 2006... Byline: Anne Michaud In mayor Michael Bloomberg's recent State of the City address, he laid out a plan for quickly rebuilding Ground Zero. Last year's obsession, development of the far West Side, wasn't mentioned at all. Ah, what a...

Executive Moves.(Business Lives)
February 6, 2006... Byline: adrianne pasquarelli advertising & communications Mediaedge:cia: Michelle Guglielmelli, 40, was named senior partner, human resources director for North America. She was formerly senior vice president, human resources, at New...

The Weeks Ahead.(Calendar/Datebook)(Calendar)
February 6, 2006... Byline: adrianne pasquarelli This Week's Events february 7 Association of Real Estate Women holds lunch program on trends in the hospitality industry. 11:30 a.m. to 2:00 p.m., Club 101, 101 Park Ave. Fee: free for members; $100...

New York, New York.(Briefs)
February 6, 2006... Byline: edited by Valerie Block WCBS faces stormy morning Dave price (above) is a wanted man. According to industry sources, the weatherman for both The Early Show on CBS and Channel 2's News This Morning could be snatched by Good...

Corrections and clarifications.(Corrections)(Correction Notice)
February 6, 2006... The store Chocolate Bar is located at 48 Eighth Ave. The address was misstated in the Jan. 30 issue. An audited report on the New York television market by Ernst & Young shows that Channel 5 has surpassed Channel 11 in revenues for the...

FREE TRIALS OF INSIDER NEWSLETTER; online political news from crain's.(Report: Agenda for New York)(Brief Article)
February 6, 2006... Crain's offers two-week trial subscriptions to The Crain's Insider, an online newsletter covering government and political issues. The one-page newsletter is available by 7:30 a.m. Tuesday through Friday. Annual subscriptions are $250. The...

How to score tickets for spring training games.(Business Lives)(Brief Article)
February 6, 2006... Tickets are available on teams' Web sites. Midweek games are usually a lot easier to get tickets for than weekend games. If you want to go to a Yankees or Mets game but they're sold out, road games are a good alternative. The odds of landing a...

Feds cracking down on NY corruption; Effort aims to clean up environment for doing business.(News)
February 6, 2006... Byline: Tommy Fernandez The government, led by the FBI and federal prosecutors, is planning to make a renewed attack on public corruption in New York. The FBI's local field office is assigning additional agents to investigate bribery,...

LEGAL EAGLE Mastro fights City Hall.(Briefs)
February 6, 2006... For four years, as one of former Mayor Rudy Giuliani's top aides, attorney Randy Mastro went to war for the city. Today, having returned to private practice, he often finds himself on the opposite side, retained by clients trying to disprove...

At Deadline.(Late News)
February 6, 2006... Medical diagnostic startup Xenomics Inc. is on a hiring spree. The Manhattan-based company has added a chief financial officer and two other high-level executives in the last month. The company, which is developing non-invasive genetic testing...

Builder eyes big hotel for midtown; First major project in 5 years signals new economics; condo market wanes.(News)
February 6, 2006... Byline: Julie Satow Developer Madison Equities plans to break ground this summer on the first major midtown hotel to be built in more than five years. The 500-room structure will replace a parking lot and office building on West 55th...

IS BLOOMBERG RIGHT ABOUT GROUND ZERO? CRAIN'S ONLINE POLL.(In the Markets)(Brief Article)
February 6, 2006... New Yorkers largely oppose Mayor Michael Bloomberg's plan to speed up redevelopment in lower Manhattan by forcing developer Larry Silverstein to give up control over part of Ground Zero. Here is how a record 4,193 visitors to...

CEO PAY IN CROSSHAIRS; Lucent's Russo one of several targets as shareholders demand links to performance.(drop in sales)
February 6, 2006... Byline: Aaron Elstein In patricia russo's four years as chief executive, Lucent Technologies Inc.'s sales have dropped by nearly a quarter and its share price by more than 50%--twice the drop of S&P's Communications Equipment Index....

Rising demand for energy could leave city powerless; Renewal of siting law would speed building of power plants; financing needed.(Report: Agenda for New York)
February 6, 2006... Byline: Tom Fredrickson One thing is growing faster than New York City itself. The people and businesses in the city are sucking up more and more juice to power air conditioners, computers, plasma TVs and cell phone batteries. ...

MOVING UP.(Report: Agenda for New York)(Brief Article)
February 6, 2006... Byline: elizabeth macbride According to statistics, poor people are one of New York's biggest problems. With 20.3% of its population below the poverty line, the city ranks in the five U.S. cities with the highest poverty. But the truth...

Money transfers detailed; Federal data shows NYC at top of list of suspicious financial activities.(News)(Brief Article)
February 6, 2006... Byline: Tom Fredrickson New york city appears to be a hotbed of money laundering. Financial businesses in the five boroughs made 148,047 reports of suspicious activities between January 2004 and December 2005, according to data...

Big push for smaller homes; Rezoning movement in Queens gains heft; Brooklyn land dispute.(Neighborhood Journal)
February 6, 2006... Byline: erik engquist City councilman Tony Avella, the leader of the movement against the construction of giant houses in Queens, is vowing to raise the intensity of his crusade more than a few notches this year. "The revolution...

Wine anxiety; Novices are taking control with education and training.(Business Lives)
February 6, 2006... Byline: lisa fickenscher New yorkers are tired of faking it. After too many experiences of poring over inscrutable wine menus, wandering aimlessly in liquor stores and struggling to decipher the lexicon of oenophiles, they are taking...

Crafting a museum; Battle won, institution gets ready for new home.(News)
February 6, 2006... Byline: Miriam Kreinin Souccar The museum of arts & design has become a vilified object in some New York circles. For almost three years, preservationists battled the cultural institution, formerly known as the American Crafts Museum,...

VC firms seek big bucks; Gear up to invest in tech startups; face crowded market.(News)
February 6, 2006... Byline: Amanda Fung New york venture capitalists are heading back to the pumps. Many have committed nearly all the cash they raised during the Internet boom and must refill their coffers. They are already beginning to make the rounds...

Curing insurer takes the pros; Doctor-owners hire experienced execs to put Atlantis back on the map.(Small Business)
February 6, 2006... Byline: Laura Koss-feder Convinced that anyone could do a better job of providing affordable health insurance than the industry giants, a group of New York doctors decided six years ago to create their own insurer. At first, it seemed...

Hot Jobs.(Business Lives)(Brief Article)
February 6, 2006... Byline: miriam kreinin souccar WANTED: president COMPANY James Beard Foundation JOB DESCRIPTION Heading the $5 million foundation, which promotes American chefs through its awards program MOST IMPORTANT TASKS Raise money to...

City sees small job gains.(Brief Article)
February 13, 2006... Mayor Michael Bloomberg's preliminary budget for fiscal 2006 projects only modest gains in jobs over the remainder of his term. If his estimates are correct, he will leave office at the end of 2009 without restoring all the jobs lost during the...

Budget revolution a la Bloomberg.(Viewpoint)
February 13, 2006... Byline: Alair Townsend As a former city budget director, I'm tempted to create The Former Director's Medal of Honor for Mayor Michael Bloomberg. I would go to City Hall with a marching band and present him with a richly beribboned...

Condo builders clean up on Flatbush; Residential towers to replace car washes, gas stations; Willets Point plan advances.
February 13, 2006... Say this for Flatbush Avenue in downtown Brooklyn: It offers plenty of opportunities to get your vehicle cleaned, lubed and gassed up. Car washes, oil-change garages and filling stations predominate along the gritty east side of the famed...

Neglected insurance programs get second chance; Disease management plans offer last hope for affordable coverage.
February 13, 2006... Byline: Mary Sisson John castoro is diabetic, but his insurance carrier is not taking that condition lying down. The company is working hard to help Mr. Castoro keep his condition under control. "They're always sending me pamphlets,"...

Slam-dunk CEO; After spearheading expansion, scion takes the helm at Black Enterprise.
February 13, 2006... Byline: Matthew Flamm Earl "butch'' graves jr. has lived the dream of every college basketball star, getting drafted by the Philadelphia 76ers straight out of Yale. But his real dream wasn't to play in the National Basketball...

The Insider.(Michael Bloomberg to re-evaluate hotel properties)(Jonathan Tisch to expand Jacob K. Javits Convention Center)(Andrew Cuomo hires AKP Media and Message for ad campaign)
February 13, 2006... Byline: erik engquist and anne michaud Mayor to check in with hotel relief Mayor michael Bloomberg is expected to announce a plan for re-evaluating hotel properties that in some cases will lower real estate assessments and make it less...

Middle-aged JetBlue finds it's harder to fly; Ballooning fuel costs, intense competition turn it into a loser.(Jetblue Airways Corp.)
February 13, 2006... Byline: tom fredrickson Jetblue airways corp. gained fame among passengers for providing excellent service-complete with biscotti and personal satellite TV screens-and among investors for making money while most airlines produced mountains...

Corrections.(Correction Notice)
February 13, 2006... Claire Watts is executive vice president of product development, apparel and home merchandising for Wal-Mart Stores Inc.'s stores division. Because of erroneous information provided by the company, her employment status was incorrectly reported...

New York, New York.(LVMH launches 'Leblon Cachaca'- spirit)
February 13, 2006... Byline: edited by Valerie Block Putting pen where his money was Alan greenspan (left), who retired as chairman of the Federal Reserve just last month, is already shopping for a book deal. Mr. Greenspan's agent, Washington power...

Japanese seek plums in midtown office market; Mitsui Fudosan hires U.S. executive to lead big acquisition push; beautified barbershop.(Mitsui Fudosan Company Ltd.)
February 13, 2006... Japanese real estate company Mitsui Fudosan Co. is ramping up its efforts to acquire U.S. properties, focusing on office buildings in midtown Manhattan and in Washington, D.C. The firm has hired Graham Bond, a former Morgan Stanley...

Hitched to a comet; Suppliers to FreshDirect get sales, branding boost.(News)(Just Bagels grows)
February 13, 2006... Byline: Lisa Fickenscher For more than a decade, Bronx-based Just Bagels was just another anonymous maker of sesame seed, plain and egg bagels for Starbucks and other upscale outlets. That began to change in late 2003, when the baker...

STUDENT ENTREPRENEUR AWARDS; BONUS POINTS.(Business Lives)
February 13, 2006... Undergraduates who run their own businesses while enrolled in colleges or technical schools are invited to apply for the annual East Coast Student Collegiate Entrepreneur Awards. Winners at the state level will receive a $1,000 prize and will...

Drew goes south of the border; Centrico serves up Nuevo Latino with zing; sparkle missing from rice and beans.(Business Lives)
February 13, 2006... Centrico, Drew Nieporent's new regional Mexican restaurant with food by Aaron Sanchez, lights up its corner of West Broadway and Franklin Street with full, fresh flavors. The former Layla location brims with good cheer and sprightly ceviches....

Once-staid Lehman now a powerhouse; Outpaces peers by focusing on mergers, other profitable lines.(Reuters Group PLC)
February 13, 2006... Byline: Aaron Elstein When reuters group executives were looking for investment bankers in 2001, they couldn't help but notice that a crew of persistent bankers from Lehman Brothers wanted their business. "We hadn't worked with them...

Rocker.(Business Lives)(Brief Article)
February 13, 2006... Byline: miriam kreinin souccar Eduard van der Geest, 46, a sales executive at Graff, the London-based jeweler's flagship store in Manhattan. IN HIS GENES Mr. van der Geest's great-great-grandfather was a famous diamond dealer in...

Tailored-suit shops find fit; Sales rise as new stores pop up around town offering made-to-measure options.
February 13, 2006... Byline: Elisabeth Butler Alex Wilcox is no musician, but he won some recognition at the Grammy Awards show last week. Record producer QuestLove wore one of Mr. Wilcox's tailored jackets as he strutted down the red carpet. That's a big coup...

Mayor's WTC revamp plan roils execs; Lobbying effort to oust Silverstein stuns downtown advocates, scares off tenants.(World Trade Center)
February 13, 2006... Byline: Julie Satow Mayor michael bloomberg's intensified lobbying to oust Ground Zero developer Larry Silverstein has left key business leaders reeling and further destabilized the delicate redevelopment plan for lower Manhattan. Mr....

The Weeks Ahead.(Calendar/Datebook)(Calendar)
February 13, 2006... Byline: adrianne pasquarelli this week's events february 14-16 South Bronx Overall Economic Development Corp.'s Entrepreneurial Development Program holds workshop on basic business training. 6:00 p.m. to 8:00 pm., 555 Bergen Ave.,...

Executive Moves.(appointments)
February 13, 2006... Byline: adrianne pasquarelli accounting & consulting Berdon: Jude Coard, 40, was promoted to partner. He had been a principal. David Williams, 44, was promoted to partner. He had been a principal. advertising & communications...

Best of Bob Lape.(Barca)(Restaurant Review)
February 13, 2006... Following are restaurants with a party atmosphere that have been reviewed recently by Bob Lape. Barca 18 (21/2) 225 Park Ave. South (between East 18th and East 19th streets), Manhattan. (212) 533-2500. A lusty, new, casual, young...

Mayoral favorite: culture; Record capital budget; operating money the tradeoff.(News)
February 13, 2006... Byline: miriam kreinin souccar Mayor michael bloomberg's affection for the arts is no secret. But now he's proving it with city money. The four-year cultural capital budget starting in 2006 is a record $803 million, 28% higher than the...

Pay soars for legal eagles; Firms hike associate pay to $145,000; others to follow suit.(News)(Brief Article)
February 13, 2006... Byline: Tommy Fernandez New york law firms are raising the ante in the contest over lawyer salaries, lifting the base pay of first-year associates to $145,000 from $125,000. A handful of California firms sparked some scattered salary...

Tips for avoiding IRS woes; Good accountant, right software will help smooth process.(Small Business Report)
February 13, 2006... Byline: Tina Traster In the early years of running MK Advertising, Karin Henderson was so busy building the business that she never had time to think about taxes. As a result, figuring out how much she owed became an annual nightmare that...

At Deadline.(News)
February 13, 2006... The Carlyle Group, which bought the 77-acre Riverside South parcel with the Extell Development Corp. for $1.8 billion last year, has no plans to acquire more properties in the city. The firm doesn't want to hike its exposure in New York real...

Rebounding 24/7; Slimmer, refocused online ad pioneer revs up with new technology, markets.(News)
February 13, 2006... Byline: amanda fung This year, 24/7 Real Media Inc. will do something it hasn't done since the dot-com bust-expand its staff. And that's not all. After losing tens of millions of dollars, the company actually expects to make its first...

Tightwad takeover; Citadel absorbing WPLJ, WABC; cost-cutting could hurt solid ratings.(News)(Brief Article)
February 13, 2006... Byline: Matthew Flamm Two of new york's most established radio stations are being taken over by a Las Vegas-based operator known for running its stations on the cheap. WPLJ and WABC-AM will become part of Citadel Broadcasting Corp....

Holdouts stream to the Web; Easy, cheap tools lure doctors, lawyers, painters, plumbers.(Small Business internet services)
February 13, 2006... Byline: Jeremy Quittner just over a year ago, Laurence Beckler, sole principal of a Manhattan law firm, did something that he previously wouldn't have even considered: He set up Becklerlaw.com, which includes his picture and practice...

Growth Tales; Key strategies used by young firms.(Small Business Report)
February 13, 2006... Byline: Lisa Goff Designer finds the shoe fits As the designer of several successful handbag collections for Banana Republic, Jessie Randall had all the right contacts to launch her own handbag company. But that is not what she decided...

Love and no marriage; Cohabiting couples become commonplace.(Business Lives)
February 13, 2006... Byline: amanda fung Any couples will pop the big question this Valentine's Day: "Do you want to live with me?'' The answer will be a major step toward matrimony for some; for others it will simply mean blending households and,...

AIMING AT THE HIGH END.(Small Business Report)(Brief Article)
February 13, 2006... Challenge/ Background Make a splash online. Convinced that a Web site could make a real difference for his East Village restaurant if done right, Peter Klein rejected the cloned look of many do-it-yourself, template-based products. ...

Past & Future.(In the Markets)(Brief Article)
February 13, 2006... One of Wall Street's most lucrative businesses is back on the boil. Initial public offerings are off to their hottest start since the dot-com dementia days, with over $5 billion raised. That's good news for investment banks such as Goldman...

HOW SHOULD THE CITY SPEND THE SURPLUS? CRAIN'S ONLINE POLL.(In the Markets)(Brief Article)
February 13, 2006... About a third of New Yorkers agree with Mayor Bloomberg's plan to set aside more than $2 billion of a budget surplus to cover future costs of city employees, according to a Crain's online poll. Here is how 418 visitors to NewYorkBusiness.com...

Small Biz Balks.(Small Business Report)(Brief Article)
February 13, 2006... One reason why small businesses have failed to embrace care management is because few could see the potential gain. In part, that's because small firms don't benefit directly from health-cost savings the way a large company does. At a large...

The independent Type.(Small Business Report)(Brief Article)
February 13, 2006... Challenge/Background Go online without breaking the (tiny) bank. Andrew Wolf's company, Atlantic Pallet, in Queens, makes and recycles the wooden platforms that cartons are stacked on in warehouses worldwide. Mr. Wolf, whose year-old business...

Connecting the dots.(Small Business Report)(Brief Article)
February 13, 2006... Challenge/Background Techno-illiterate seeks Web presence. "Believe me, I am an old-fashioned guy, and we did not learn about computers in school," says Bruce Cahn, a 64-year-old photographer and painter who lives in Manhattan. Solution...

2 firms in 1 showroom pays off; Joint effort boosts sales; will brands lose their own luster?(Small Business Report)
February 13, 2006... Byline: shira Boss-bicak the spiffy store across from the Decoration and Design Building on East 59th Street that sells high-end lighting, doorknobs and handles looks perfectly normal. Only the generic sign, Hardware*Lighting, with two...

TIPS FOR BUYING A DIAMOND RING.(Business Lives)(Brief Article)
February 13, 2006... educate yourself first and ask the jeweler for a loupe. Check the four C's: cut, clarity, color and carat. The most important is cut. If not cut correctly, a stone won't sparkle like it's supposed to. Generally, a diamond should be as close to...

WANTED: director.(Business Lives)
February 13, 2006... Byline: amanda fung COMPANY Dia Art Foundation JOB DESCRIPTION Oversee the 32-year-old nonprofit, which is world renowned for its contemporary art collection MOST IMPORTANT TASKS Continue the plan to relocate the Chelsea galleries...

SUOZZI, WELD DISCUSS CAMPAIGNS FOR GOVERNOR, PLANS FOR ALBANY.(News)(Brief Article)
February 20, 2006... CRAIN'S FORUMS, MARCH 8, MARCH 23, April 18 Two candidates for governor and the new speaker of the City Council will kick off the 2006 Crain's New York Business forum series with appearances in March and April. Nassau County Executive...

Money man.(Business Lives)(Column)
February 20, 2006... Byline: tom fredrickson Ron Henry, 46, manager of the currency verification department at the Federal Reserve Bank of New York THE JOB He oversees about 130 people who inspect 400 million U.S. currency notes daily at the East...

Resolving the WTC morass.(Viewpoint)(George Pataki and Port Authority of New York & New Jersey pressuring Larry Silverstein for a deal in financing World Trade Center (New York, New York))
February 20, 2006... In the next month, the rebuilding of the World Trade Center site will either take a leap forward or become stalled amid bitter disputes among developer Larry Silverstein, the governor and the mayor. The city can't afford an impasse, and...

Past & Future.(In the Markets)(retail trade)(Brief Article)
February 20, 2006... If trends continue, Cendant may have to make its long decline official and change its name to De-cendant. The shares of the owner of everything from Avis to Orbitz dipped sharply last week following the announcement of a 23% plummet in...

The Insider.(Briefs)
February 20, 2006... Byline: erik engquist and anne michaud Doctoroff: No bid for 2016 games Deputy mayor Daniel Doctoroff (above) was in Turin for the start of the Winter Olympics, but that doesn't mean New York is preparing another effort to land the...

At Deadline.(Late News)
February 20, 2006... The Asia Society expects to raise a record $4 million at its 50th anniversary gala on Thursday, quadruple the amount it raised last year. Officials at Asia Society attribute the jump to the growing interest in Asia and the region's importance....