Crain's New York Business articles from January 2003

Crain's New York Business archives from January 2003

International directory.(News)(updated directory available through New York City's CityStore)(Brief Article)
January 6, 2003... An updated directory of international businesses, consulates, trade offices and chambers of commerce is now available through New York City's CityStore. The fifth edition of the directory was compiled by the city's Division for...

At Deadline.(Late News)(includes, lawmakers no longer favor securities industry location regulations)
January 6, 2003... Feds back off rule forcing firms from NY regulators say they no longer favor a rule that would force New York's securities firms to locate backup processing centers 200 miles away from downtown Manhattan. In a letter to Sen. Charles...

Broadway shows' winter of discontent; Producers organize price cuts, take to TV to lure audiences.(News)
January 6, 2003... Byline: miriam kreinin souccar Broadway producers are scrambling to stave off what is shaping up to be their toughest winter season in years. Advance ticket sales for January and February are down by more than 15% from last year for...

Stewart's food magazine cuts the Martha ingredient; `Everyday Food' aims at the masses.(News)(Martha Stewart-branded magazine introduced)
January 6, 2003... Byline: From Advertising Age. The latest Martha Stewart-branded magazine hits newsstands and subscriber mailboxes beginning today. But Ms. Stewart's imprint on Everyday Food is decidedly subtle. Unlike other spin-offs from the...

NYC stocks sink stunning 23%; 2002 saw broadest decline in years.(News)(New York City)
January 6, 2003... Byline: jacqueline s. gold Nothing could save the shares of New York companies from the broad-based market rout in 2002. The Crain's/Bloomberg Index of 188 locally-based firms, which outperformed the Dow Jones Industrial Average, the...

Corrections.(Correction Notice)
January 6, 2003... *The average price for a Manhattan hotel room in 2002 slipped to $185 from the previous year's depressed $192. Rates are projected to climb back to $192 in 2003. The numbers from PricewaterhouseCoopers were misstated in the Dec. 23 ``At...

Weighty issues; Retooled `Weight Watchers' a surprise success.(Weight Watchers International Inc. redesigns magazine; tripled circulation since it bought back the magazine in 2000)(News)
January 6, 2003... Byline: valerie block With the holidays over, millions of Americans are making that New Year's resolution to lose weight. During the big feeding season, as turkey, stuffing and pecan pie mingle with champagne, eggnog and party treats, the...

Nursing home finances sink fast; Survey: Bankruptcy danger rising as reimbursements fall; cutbacks beginning.(News)
January 6, 2003... Byline: samantha marshall Half of the nursing homes surveyed in New York state are losing money on operations, as shrinking insurance reimbursements, rising staffing costs and a deteriorating economy push them into financial crisis. ...

Rivalry could give Javits awaited push; Expanded center needed to win big trade shows that go to other cities.(expansions elsewhere put pressure on Jacob K. Javits Convention Center in New York, which doesn't even rank in top ten nationwide)(News)
January 6, 2003... Byline: louise kramer The Jacob K. Javits Convention Center, already considered too small to win big trade shows, is about to face a surge of new competition. The pressure could dim its status even further as a place to stage important...

Real budget solutions for NY.(Governor George Pataki needs to articulate financial plans)(Viewpoint)(Editorial)
January 6, 2003... Gov. George Pataki apparently decided that it was just too painful to use his inaugural address to spell out how he intends to solve the state's $10 billion fiscal problem. Too painful for him, that is. The rest of New York needs to know what...

Tainted triumph; Citigroup now dominates Wall Street as few have before; trouble is, profits stink.(Salomon Smith Barney )(News)
January 6, 2003... Byline: stephen gandel Two years ago, Robert Morse, co-head of investment banking at Salomon Smith Barney, was proud to say that his firm had finally emerged as a contender. For years, the Salomon Brothers vet watched his bank struggle...

The Best of Bob Lape.(Dining/Restaurant Review)(Restaurant Review)
January 6, 2003... L'Impero (3) 45 Tudor City Place (between East 41st and East 42nd streets), Manhattan. (212) 599-5045. The "empire" rules with the sophisticated simplicity of Scott Conant's Italian-inspired cuisine. Try the $48 four-course tasting dinners...

Shoe sellers find NY stamping grounds; Upscale, budget retailers set up units; nothing's a shoo-in.(new outlets in Manhattan for Galo, Beverly Feldman and Payless ShoeSource)(Real Estate)
January 6, 2003... Byline: catherine curan Despite a rough 2002 for retail, capped by the smallest Christmas sales increase since 1970, a trio of shoe merchants is striding into new territory in Manhattan. Banking on the rule of thumb that during...

New York, New York.(closed restaurant at Rockefeller Center, Grand Central Terminal to add bathrooms, and survey of working mothers, among other news)(Briefs)
January 6, 2003... Byline: edited by Emily DeNitto Eatery serves last meal A new chef and management team were not enough to save Medi, the last in a string of upscale eateries to open at Rockefeller Center in the past few years. The Mediterranean...

Schumer's resolutions.(Senator Chuck Schumer cnosiders run for New York state governor in 2006)(Viewpoint)
January 6, 2003... Byline: Greg David Politicians never admit it in public, but in private, they never stop thinking, speculating and plotting their next campaign. Sen. Chuck Schumer seems to be leapfrogging. Friends and colleagues in Washington say he is...

Kishti creates buffet karma; Midtown Indian features great variety at low prices; beware of the bathrooms.(Dining/Restaurant Review)(Restaurant Review)
January 6, 2003... Byline: bob lape A kishti is a small boat used by fishermen plying the rich coastal waters of India. Kishti the restaurant casts a net of wide-ranging Indian regional cuisines on a block of West 56th Street where two dozen other...

The Weeks Ahead.(Calendar/Datebook)(Calendar)
January 6, 2003... Byline: anne apuzzo this week's events january 7. WorkTalk holds program on relaunching your job search. 6:00 p.m. to 8:30 p.m., St. Jean Baptiste Church, Community Center, 184 E. 76th St. Fee: $10. (212) 949-9300. january 7....

Small Business: CUNY hatching incubator for design firms in Queens; East River Studios first of 7 industry- specific centers to nurture businesses.(incubator at East River Studios at LaGuardia Community College)(Small Business)
January 6, 2003... Byline: laurie joan aron Business owners kenny Greenberg and Dino Valaoritis aren't your average neonatal candidates for an incubator. Mr. Greenberg has owned architectural and theatrical lighting design firm Krypton Neon Inc. in Long...

Pensions drain ailing hospitals; Money-losing institutions must find cash to funnel to lagging funds.(Saint Vincent Catholic Medical Centers, and even Memorial Sloan-Kettering)(News)
January 6, 2003... Byline: mary sisson This year, Saint Vincent Catholic Medical Centers will have to do something it hasn't done since the eight-hospital system was created more than three years ago. It will shovel piles of cash into its shriveling pension...

4 executives discuss bold plans for revitalizing NY; CRAIN'S BREAKFAST, JAN. 16.(News)(Brief Article)
January 6, 2003... Four leading new york executives with plans for improving New York City's economic prospects will be featured on Thursday, Jan. 16, at a special Crain's breakfast titled ``Revitalizing New York.'' The four featured executives are: Jay...

Starting off the new year with my favorite things.(favorite people and places in New York, New York)(Viewpoint)(Column)
January 6, 2003... Byline: James Brady A few of the people, places and things that make this town unique: Norman Mailer writing away on the Brooklyn Heights. Rockefeller Center. Imus. The New Yorker under Remnick. Elaine's. Chicken hash at the `21' Club....

Executive Moves.(details by industry)(Profiles)
January 6, 2003... Byline: joao h. rodrigues ADVERTISING & COMMUNICATIONS Hamilton Group: Loretta Mock, 42, joined as a director of the public relations firm. She was formerly vice president at Citigate Communications. The Interpublic Group: Thomas...

New Executive: Outside of the music box; Head of new BMG unit uses creative marketing measures as album sales slip.(Joe DiMuro)(Profiles)
January 6, 2003... Byline: valerie block Joe dimuro was never a big Elvis fan. He is now. The marketing executive was handed the toughest assignment of his career two years ago when his employer, BMG Entertainment, asked him to turn a collection of Mr....

G+J tests 20-something magazine; Publisher makes direct-mail pitch for `Flash'; title steamier than most.(Gruner+Jahr USA Publishing tests Flash launch)(News)
January 6, 2003... Byline: jon fine Gruner+Jahr USA Publishing wants a piece of the 20-something market and is testing interest with a steamy pitch to 500,000 potential readers for Flash, a new title. Emily Listfield, the editor in chief of Fitness, is...

3 banks battle for best spaces; tastes differ; Deals for branches close fast at top rates.(Commerce Bank, Washington Mutual and North Fork Bank active in SoHo and Upper West Side areas of New York, New York)(Real Estate)
January 6, 2003... Byline: victoria rivkin Three ambitious out-of-towners have turned heavily trafficked addresses around town into hotly contested battlegrounds. In their efforts to hit New York at a gallop, Commerce Bank, Washington Mutual and North Fork...

Executive Moves.(Profiles)
January 13, 2003... Byline: joao h. rodrigues ADVERTISING & COMMUNICATIONS Burson-Marsteller: Andrew Nibley, 51, joined as chairman of Marsteller, the public relations agency's advertising, interactive, event management and production unit. He was...

Government Alert: City eyes more housing for far W. Side; Zoning change may add residences; Carnival cruises for Red Hook funds.(Briefs)
January 13, 2003... The city planning department is looking at allowing more housing on the far West Side as it prepares a major zoning change to create a new commercial district west of midtown. A far West Side plan, based on a framework issued a year ago, is...

Bargain hunters target downtown; Neighborhood's tenant mix changes as service companies, nonprofits move in and financial industry shrinks.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: daniel gross Early last year, with her 10-year lease at midtown's Graybar Building coming up for renewal, Terri Edelman was facing an 80% rent increase if she wanted her marketing business to stay put. Understandably, she began to...

Downtown White Plains awash in retail projects; Hospitable policies lure developers; will residential base do its job?(Special Report: Commercial Real Estate)
January 13, 2003... Byline: tom di nome Sal Gizzo did not want to take any chances. He patiently monitored developments in White Plains for months before committing himself early last year to opening his Secret Sun tanning salon and spa downtown. ``White...

Chelsea Market developer bags more room to grow; Spends $57 million for property across 10th Avenue; first building nearly full.(News)
January 13, 2003... Byline: lore croghan The owners of Chelsea Market bought a neighboring building in order to expand their popular food mart and office complex. Developer Irwin Cohen and investors Angelo Gordon & Co. and Belvedere Capital paid $57...

Correction.(Corrections)(Brief Article)(Correction Notice)
January 13, 2003... The Metropolitan Museum of Art's 2001 total endowment was $1,496.0 million. The figure was misstated in the Dec. 23 list of the area's largest nonprofits.

Crain's stories available on databases; Crain's Articles.(News)(Brief Article)
January 13, 2003... Crain's is available on several electronic databases for readers wishing to locate published stories. Full text can be found on Nexis and Dialog. Dow Jones also carries full text on Dow Jones Interactive, Newsbank CD-ROM products and Profound....

Job hunters spur softer noncompete clauses; New agreements give executives more options; easier for employers to enforce.(Workplace)
January 13, 2003... Byline: samantha marshall Jobless for 14 months, market research analyst Lawrence Herman got his first break in December when he was offered a three-month consulting contract at a small marketing firm. But when he read through the...

REBNY hands out honors.(Special Report: Commercial Real Estate)
January 13, 2003... John Zuccotti, six others commended for real estate work, community service The Real Estate Board of New York cited seven men in its annual awards honoring real estate work and community service. nJohn Zuccotti won the Harry B....

Wall St. landlords preach conversion; Strong residential demand makes transforming buildings a good bet.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: jeremy quittner For nearly 170 years, 63 Wall St. has been home to Brown Brothers Harriman & Co. In the not-too-distant future, it may become home to scores of families. Brown Brothers is taking its 850 employees over to newer,...

Option to buy.(Special Report: Commercial Real Estate)(Nonprofits enjoy lower leases and real estate prices)(Brief Article)
January 13, 2003... Not only are nonprofits signing reduced-price leases, but some, such as the United Federation of Teachers and the Alvin Ailey American Dance Theater, have been emboldened to buy real estate. In weighing purchases, organizations like WNYC...

Developers close the spigot.(Special Report: Commercial Real Estate)(New Jersey waterfront development on hold)(Brief Article)
January 13, 2003... In the face of a worsening slump, some of the Jersey waterfront's biggest developers have mothballed plans for additional buildings. ``No one will start anything new until the vacancy rate comes down,'' says Seena Stein, a principal at Newmark...

The Weeks Ahead.(Calendar/Datebook)
January 13, 2003... Byline: anne apuzzo this week's events january 14. WorkTalk holds program on how to keep going in your job search. 6:00 p.m. to 8:30 p.m., St. Jean Baptiste Church, Community Center, 184 E. 76th St. Fee: $10. (212) 949-9300. ...

Today's Man, Delia's up against the wall; Companies may be first in a series of distressed retailers.(News)
January 13, 2003... Byline: catherine curan Today's Man Inc. and Delia's Corp. are both searching for new capital and facing difficulty getting fresh merchandise-and they may be the first of a series of local retailers forced to sell, take on partners or...

At Deadline.(Late News)
January 13, 2003... Hospitals to offer smallpox vaccine while some hospitals in other parts of the country have refused to take part in the federal smallpox vaccination program, virtually all New York hospitals are expected to offer the shots to their workers....

Office leasing deals.(Special Report: Commercial Real Estate)(Brief Article)
January 13, 2003... Costar group inc. is compiling information for its list of the largest office leasing deals in Manhattan in 2002, to be published in Crain's New York Business on Feb. 3. Brokers and others with information on transactions that could...

New York, New York.(Briefs)(Industry Overview)
January 13, 2003... Byline: edited by Emily DeNitto Weak links in chain Pret a Manger, the English sandwich chain, is slowing its ambitious expansion into New York and has quietly shuttered three outlets that were open for less than a year. The...

Bold plans for New York; CRAIN'S BREAKFAST on thursday.(Workplace)(Brief Article)
January 13, 2003... Four executives with plans for improving the city's economic prospects will be featured Thursday, Jan. 16, at a Crain's breakfast titled ``Revitalizing New York.'' Jay Kriegel, executive director of nyc2012, will detail the benefits that...

Transit wish list totals $60 billion; Not enough money; no priorities, either.(News)
January 13, 2003... Byline: philip lentz Local politicians and government agencies are pushing a laundry list of major transportation improvements with a possible total price tag of $60 billion. But there is nowhere near that amount available, and there...

Taxing a New York friendship.(Viewpoint)(Mayor Michael Bloomberg and Governor George Pataki take opposing views on New York taxes)
January 13, 2003... Mayor Michael Bloomberg and Gov. George Pataki are steadfast political allies. They campaign for each other enthusiastically. They say nice things about each other publicly and privately. They may even like each other. But last week, in...

Crain's All-Stars.(Special Report: Commercial Real Estate)(periodical seeks four executives who have made major contributions to New York City in 2002)(Brief Article)
January 13, 2003... Crain's is seeking nominations for its annual All-Stars team of four executives who have contributed to the city in the past year. Readers can nominate executives by sending a one- or two-page letter to All-Stars, Crain's New York Business,...

Terror insurance falls short; Despite new law, landmark buildings can't get full coverage.(News)
January 13, 2003... Byline: jacqueline s. gold Despite the passage of a federal law that forces insurers to provide coverage for terrorism, the owners of many of New York City's most famous buildings cannot buy policies that would allow them to rebuild if...

Indie company sets new path, adds channels; Video service, theater next for IFC.(News)(IFC Companies brings three independent films to Sundance Film Festival)
January 13, 2003... Byline: miriam kreinin souccar Last year, IFC Cos. scored the financial coup of the Sundance Film Festival, selling Tadpole, a movie it had made for $150,000, to Miramax for $5 million. This year, IFC hopes to do even better. On...

NY eager to throw Grand Old Party; Tourist-starved venues prepping to win August 2004 convention business.(News)(Republicans choose New York City for 2004 convention)(Brief Article)
January 13, 2003... Byline: louise kramer Within hours of the announcement last week that New York is the pick for the 2004 Republican National Convention, the city's beleaguered hospitality industry was scrambling for the business. The Muse in Times...

WellChoice exec turmoil shakes investors, shares; After robust IPO, insurer has trouble at the top; little explanation offered.(News)
January 13, 2003... Byline: mary sisson Recommending that investors buy shares of WellChoice Inc., the recently created for-profit corporate parent of health insurer Empire Blue Cross Blue Shield, should be a no-brainer. The company has no debt, a great brand...

Rock Center vacancies stay low despite rivals; Tishman Speyer loosens terms, actively courts even small firms.(Special Report: Commercial Real Estate)(Rockefeller Center)
January 13, 2003... Byline: matthew flamm When they need to be, even giants can be nimble. Just ask Antoine Haddad. As the managing partner of Bainbridge Partners, a fledgling hedge fund, Mr. Haddad desperately wanted office space with a good address....

Struggling for visibility.(Special Report: Commercial Real Estate)(landlords and agents employ new tactics to attract renters)(Brief Article)
January 13, 2003... With the balance of power having swung decidedly back in favor of tenants, landlords and their agents these days find that half the battle in the market is to stand out enough to at least draw lookers. To get them, those with space on their...

New Executive: Balancing the analysis; CSFB vice chairman adds supervision of research department to his legal duties.(Profiles)(Credit Suisse First Boston's Gary Lynch )
January 13, 2003... Byline: stephen gandel When credit Suisse First Boston hired Gary Lynch to be its general counsel in August 2001, critics called it a publicity stunt. They said Mr. Lynch, a former director of enforcement at the Securities and Exchange...

NY museums gambling on new talent; Expanding cultural venues seek out fresh designs by less-familiar names.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: lisa goff When the New Museum of Contemporary Art moved to lower Broadway in 1983, it shared the block with sweatshops. Today, it rubs shoulders with Prada and Armani, and the property is so desirable that the museum will be able...

Design in New York City is all around town.(Special Report: Commercial Real Estate)(Brief Article)
January 13, 2003... All eyes are on Lower Manhattan as the public debate begins over plans for its rejuvenation. But Ground Zero is not the only place where exciting things are happening in architecture. Hotels and residential buildings are making news from Times...

Bruno discusses budget.(News)(Senator Joseph Bruno address focuses on New York budget deficit)(Brief Article)
January 13, 2003... State senate majority leader joseph bruno will dis-cuss the state's huge budget deficit and the prospects for steep cuts in programs and higher taxes at the next Crain's New York Business breakfast forum, on Thursday, Feb. 6. The forum...

Business hosts sought; exploring careers.(Greater New York Councils exploring program seeks businesses for educational sessions)(Brief Article)
January 13, 2003... The greater new york councils exploring pro-gram is seeking businesses to host educational sessions offering high school students the opportunity to explore various industries and make better decisions about possible career choices. The...

NJ waterfront loses its edge; Financial services slump, waning Manhattan rents ambush Jersey City.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: stan luxenberg Until recently, vacancies were a rarity at Exchange Place Center, a striking green-glass tower on the Jersey City waterfront. Boasting commanding views and easy access to PATH trains, the 30-story building attracted...

West Chelsea's cachet fades; rents plummet; Some landlords shift their sights back to distributors, manufacturers.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: laurie joan aron The higher they fly, the harder they fall. Just a couple of years ago, buildings on the far western fringes of Chelsea swept their vast floor plates clean of industrial tenants paying in the teens to accommodate...

Hotels, residences shine as architects' showpieces; Office buildings still await inspiration.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: lisa goff Above a Murray Hill restaurant that sends saffron fumes up the stairs to SHoP/Sharples Holden Pasquarelli's offices, five young designers are producing some of the most interesting architecture in New York City today....

Futuristic retail spaces woo, wow customers; But features can distract shoppers.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: cara s. trager The Apple Computer store in SoHo is almost as icy and high-tech as the latest James Bond flick. The sleek 17,000-square-foot space, which debuted last July, boasts a chunky glass staircase, considered wondrous by...

El Barrio: left behind and angry; Lack of funds, restive museums slow development; a few bright spots.(Special Report: Commercial Real Estate)(East Harlem development)
January 13, 2003... Byline: miriam kreinin souccar On West 125th Street, multimillion-dollar commercial real estate projects are under construction, new housing is being developed, and the arts and cultural scene is booming. A few blocks to the east, it's a...

Nonprofits win landlords' favor; As vacancies rise, owners court groups that they once shunned.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: jean ende At the national office of Planned Parenthood on Seventh Avenue, staffers are counting the days. By next month, they expect to be in spacious, newly renovated quarters with better access to transportation, plenty of room...

Vying for scarce tenants with marble, mahogany; Owners create a beauty competition.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: fran hawthorne When Taconic Investment Partners last June bought 450 Park Ave. for $158 million, it knew that the property needed improvements. In fact, Taconic Senior Vice President Jeffrey Sussman says that the firm figured...

Incentives to move space ignite debate; Property owners dangle six-figure bonuses, SUVs; do tenants get shorted?(Special Report: Commercial Real Estate)(Salvatore Ferragamo)
January 13, 2003... Byline: fran hawthorne To most people, Salvatore Ferragamo is known for its elegant shoes and scarves, not its office space. But for scores of brokers, that all changed in October, when the luxury retailer invited them to two cocktail...

Hot Jobs: Atlas Air looks to land exec to bear its financial burden; CFO must navigate through restatement, default; City Center has an open seat.(Workplace)
January 13, 2003... Byline: miriam kreinin souccar Atlas air, the largest carrier of other airlines' freight, is looking for a chief financial officer to help it get out of a tailspin. The company is in the middle of restating two and a half years of...

An obsession with the past.(Viewpoint)
January 13, 2003... Byline: Alair Townsend Those Cubans have a way with cars. I rode in a '36 Dodge and a '48 Chevy while I was there in mid-December. Most of these old American cars are held together by homemade parts and hope. Still, thousands of them are...

Reprints from Crain's.(Special Report: Commercial Real Estate)
January 13, 2003... Crain's new york business offers reprints of the articles it publishes. To obtain an estimate, contact Erica Montgomery at Reprint Management Services, (717) 399-1900, ext. 142, or emonty@rmsreprints.com. Readers wishing to make their own...

Stadium's a hit out of the park; B'klyn arena acts as development lure; clever design isn't enough on S.I.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: shira j. boss When Manhattan architect Jack Gordon was designing the ballpark for the Brooklyn Cyclones, the Mets' minor-league team, the city's Economic Development Corp. asked him to do more than build a stadium that would bring...

Zoning plan takes aim at N. Brooklyn industry; Manufacturers pushed out even before changes; where will it end?(Special Report: Commercial Real Estate)
January 13, 2003... Byline: tom fredrickson Henry Kim is finding Williamsburg too hot for cold salad. Mr. Kim, president of Magic Bean Co., a maker of high-end salad dressing, says his new landlord didn't renew his lease, which expires this year, nor that...

Small Business: Outsourced HR firms switch emphasis to cost savings; Pitch training offerings as means to boost efficiency.(Briefs)(Arbinet-thexchange Inc.)
January 13, 2003... Byline: tina traster For years, telecom services firm Arbinet-thexchange Inc. wanted to train its employees on such vital subjects as minimizing potential liabilities from sexual harassment cases and safety lapses, but it balked at the...

Jersey puts its bets on biotech; Genome research, academic mergers expected to spur new demand for space.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: judith messina Biotech boosters in New Jersey, from real estate brokers to developers, are gearing up to cash in on what promises to be a new era for technical parks in the state. They are banking on two separate developments....

Bull Run picks up steam; Pedigreed chefs buck up fortunes of Wall St. eatery, conference center.(Dining/Restaurant Review)
January 13, 2003... Byline: bob lape Bullrunwallstreet.com has a nice ring to it. It is the Web site for the Bull Run Restaurant & Conference Center, located in the very heart of Manhattan's financial district. Regardless of whether bulls or bears are...

Building managers branch out; Move into selling apartments; an edge with clients.(Special Report: Commercial Real Estate)
January 13, 2003... Byline: judith messina It took Ronni Arougheti over five years, but by the end of 2001 she had turned the real estate brokerage division of her residential building management company into a thriving eight-broker operation. In the past...

Option to buy.(Special Report: Commercial Real Estate)(nonprofits purchase real estate)(Brief Article)
January 13, 2003... ***** Correction: Arquitectonica is the architect for the new Bronx Museum of the Arts. The architect for Alvin Ailey American Dance Theater is Iu + Bibliowicz Architects. The architects' names were not clear in a story in the Jan. 13...

After bleak fall, recovery hopes fade; Wall Street layoffs, looming war sapping NYC economy's strength.(News)
January 20, 2003... Byline: tom fredrickson The New York City economy ended the year with a whimper. After a fairly strong spring, the economy plateaued in the summer and then took a dive in the fall. On a seasonally adjusted basis, the city lost 21,000...

A steakhouse for women needs work on the recipe; Some successes amid helpings of noise, darkness.(Dining/Restaurant Review)(Restaurant Review)
January 20, 2003... Byline: bob lape Savannah steak, occupying over 8,000 square feet in Tower 49, a midtown skyscraper, aspires to be a ``softer steakhouse, one that is women-friendly.'' So says Jon Chapski, one of its four owners/managing partners. Mr....

Small Business: Neighborhood butcher shop tries to cut it online; Lobel's site draws orders from upscale customers, but marketing is costly.(Small Business)(Lobel's Prime Meats)
January 20, 2003... Byline: gary m. stern Over the course of 48 years, Lobel's Prime Meats has built a big reputation and a long list of distinguished patrons, including everyone from Jackie Onassis to Whoopi Goldberg, on a literally tiny base-its cramped...

At Deadline.(Late News)(includes, Revelation theater postpones rest of season)
January 20, 2003... Off-B'Way theater postpones season revelation theater, a new off-Broadway nonprofit theater company, is postponing the rest of its season as a result of financial difficulties and building delays. Revelation's 155-seat theater, which it is...

CLARIFICATION.(Corrections)
January 20, 2003... Arbinet-thexchange has always had personnel policies and procedures in place as outlined in its handbook. That situation was not stated clearly in the Jan. 13 Small Business Column.

Crain's All-Stars.(News)
January 20, 2003... Crain's new york business is seeking nominations for its annual All-Stars team of four executives who have contributed to the city in the past year. These executives will be chosen from nominations by readers and Crain's staffers, based on...

Office leasing deals list.(News)(Costar Group Inc. seeks real estate information for office leasing list)(Brief Article)
January 20, 2003... Costar group inc. is compiling information for its list of the largest office leasing deals in Manhattan in 2002, to be published in Crain's New York Business on Feb. 3. Brokers and others with information on transactions that could...

New Executive: Homeland advantage; Loral vet unretires to lock up L-3's stake in domestic security biz; focus on ports.(Profiles)(Larry Schwartz rejoins L-3 Communications Corp.)
January 20, 2003... Byline: cristina merrill When a young Larry Schwartz told his parents he wanted to be an engineer, they worried that he would end up running trains rather than the family garment business. Instead, it was planes, computers and...

Government Alert: Downtown needs airport train plan now; Gargano says new priorities loom; making banking laws permanent.(Briefs)
January 20, 2003... Charles gargano, the state economic development czar, says that building a nonstop train ride to JFK International Airport from lower Manhattan has taken precedence over creating a direct airport link to midtown. ``Given the events of...