Crain's New York Business articles from July 2005

Crain's New York Business archives from July 2005

The Weeks Ahead.(Calendar/Datebook)(Calendar)
July 4, 2005... Byline: adrianne pasquarelli This week's events July 6 The New York Society of Security Analysts holds course on how to analyze a 10K. 1:00 p.m. to 4:30 p.m., American Management Association, 1601 Broadway. Fee: $195 members, $245...

City urged to consider 2016 bid; Supporters outline backup plan if 2012 effort fails; tactic has worked in past.(News)
July 4, 2005... Byline: Anne Michaud With a final decision looming this week on the 2012 Summer Olympics, business leaders and politicians are already looking ahead to 2016 and talking up the city's chances for another attempt. London and Paris are...

COSTAR SEEKS LEASING DATA.(Real Estate)(CoStar Group Inc.)(Brief Article)
July 4, 2005... CoStar Group Inc. is compiling information for its list of the largest office leasing deals in Manhattan in the first half of 2005, to be published in Crain's New York Business on Aug. 1. Brokers and others with information on transactions...

Umbrella shop opening on East Side; Follows success of downtown store; YWCA leases in Hell's Kitchen.(Real Estate)
July 4, 2005... Byline: Elisabeth Butler David kreitman wants New Yorkers to toss out their $8 black umbrellas and buy an upgrade. Following up on the success of the umbrella department at his NoLIta accessories store, BrellaBar, Mr. Kreitman is...

what goes up must come down ... maybe.(2005 Market Facts)(real estate market )(Brief Article)
July 4, 2005... It has become a favorite New York parlor game: Is the real estate market about to tumble, or does more growth lie ahead? It's all guesswork. But there's no question that the market is hot now. Rents for retail locations and primary office space...

New york's bar hopping with business cases.(2005 Market Facts)(Bankruptcy cases and contract cases)(Brief Article)
July 4, 2005... There's no shortage of work for the bar. Bankruptcy cases filed in the Southern District of New York rose in 2004, marking the fourth consecutive annual increase. Contract cases in the commercial courts also were up. And profits poured into the...

Pricey deals stoke Sirius concerns; Satellite radio firm's rosy forecasts out of reach, say critics.(News)(Sirius Satellite Radio Inc.)(Company Profile)
July 4, 2005... Byline: Matthew Flamm just a year ago, satellite radio was an industry notable mainly for how much money its two players were losing. But that was Before Howard. Nine months After Howard--that is, after Sirius Satellite Radio signed up...

City's money goes out as fast as it comes in.(2005 Market Facts)(Brief Article)
July 4, 2005... The city's tax revenues--estimated at $29.4 billion this year, up from $23.2 billion in 2001--are on the rise. That's good, because New York City's public spending also keeps going up; projections for 2009 put it at $55.9 billion. Where does...

nyc destined for spot at trade's center.(2005 Market Facts)(Brief Article)
July 4, 2005... The world is getting smaller, and international commerce in New York is getting bigger. More than 80 million metric tons of cargo came through New York and New Jersey ports in 2004, notching a hefty net increase over the past five years....

jobs flat, but unemployment eases.(2005 Market Facts)(Brief Article)
July 4, 2005... The number of jobs in the city inched up in 2004 versus a year earlier, to 3.54 million--well below the high point reached in 2000 during the economic expansion, but above levels of a decade ago. While the city unemployment rate has stayed...

Sponsor walks, runs losing steam; Many groups, especially smaller ones, find that events' fund-raising effectiveness has been diminished.(News)
July 4, 2005... Byline: Miriam Kreinin Souccar jodi decrenza has sprinted through the Komen Race for the Cure for breast cancer, the AIDS Walk New York and more United Way walks than she can count. Lately, though, the fitness director has lost her...

rising costs dominate financial snapshot.(2005 Market Facts)(Brief Article)
July 4, 2005... The expense side of the health care ledger isn't pretty. The average cost of a hospital admission in the city was $12,895 in 2003, a 6.2% increase over year-earlier levels. The number of emergency room visits per 1,000 people jumped 3.3%...

rise in lending fuels entrepreneurial spirit.(2005 Market Facts)(Brief Article)
July 4, 2005... Small business is big in New York. The number of self- employed people in the state increased 6.7% in 2004 over 2003 levels, compared with a 1.3% gain nationally. SBA-guaranteed loans in the city are rising, with 2,025 issued in 2004 versus...

Mass transit popular; gas prices rise.(2005 Market Facts)(Brief Article)
July 4, 2005... It's hard to keep New Yorkers still. Ridership on the subways and on the PATH trains between the city and New Jersey was up last year, as was eastbound traffic on Port Authority bridges and tunnels. But travel doesn't come cheap. Transportation...

Companies cope as stocks gyrate.(2005 Market Facts)(venture capital investment of firms)(Brief Article)
July 4, 2005... It's not easy being a tech company in New York. An index of 15 city-based firms shows a sector on a dizzying stock ride. The roller coaster drove the firms way up in 2003, down and then up again in 2004, and back down this year. There are still...

Welcome to new york. cash or charge?(2005 Market Facts)(Brief Article)
July 4, 2005... They come, they spend. New York loves tourists, even if harried city dwellers elbowing their way through Times Square don't always show it. Last year brought an estimated 39.6 million visitors who spent a total of $15.1 billion, capping a...

Revamped ERs focus on efficiency; Montefiore overhauls its triage system and stresses patient benefit.
July 4, 2005... Byline: Samantha Marshall the morning, which Grace Coles spent suffering from acute back and stomach pain, has become a distant memory. Propped up on a freshly fluffed pillow and scanning the selection of muffins and cookies from a passing...

Outlook for growth remains strong.(2005 Market Facts)(Economic growth)(Brief Article)
July 4, 2005... The city's economy continues to grow, if at a slower pace. The gross city product will expand to an estimated $450 billion in 2005, a 2.6% bump over 2004 levels. The jobs outlook is positive, with increases expected each year through 2009. The...

8 million people stir up New York.(2005 Market Facts)(Brief Article)
July 4, 2005... Making the city pulse are 8.1 million souls from all walks of life and foreign lands. The melting pot is one-third white, nearly 30% Hispanic and a quarter black. For all of the positive aspects of the city's diversity, some stark differences...

making big bucks, but not as dominant.(2005 Market Facts)(profits of New York Stock Exchange Inc.)(Brief Article)
July 4, 2005... Wall street has a tight grip on the city's economy. Annual profits for New York Stock Exchange members are expected to total nearly $15 billion in 2005, and investment bankers saw annual bonuses grow 25% last year. But the Street's hold is...

PARTY ANIMAL: Steve Minarik.(Briefs)(Republican Party)(Brief Article)
July 4, 2005... Stephen Minarik is a political animal with a resume to match. Since graduating from the University of Rochester in his hometown with a degree in political science, he has held a series of political posts: director of a Republican congressional...

At Deadline.(Late News)(Brooklyn Brewery Ltd. expands)(Parkway Hospital files for bankruptcy)(Meryl Poster resigns from Miramax Film Corp.)
July 4, 2005... Brooklyn Brewery owner Stephen Hindy might soon have a deal to expand on the Brooklyn waterfront. A long-standing lawsuit that prevented him from leasing Pier 7 in Red Hook might be nearing a resolution, says Chris Ward, chief executive of...

on course for College, and big bills.(2005 Market Facts)(educational aspects of New York)(Brief Article)
July 4, 2005... An increasing number of New York City public school kids are opting for college or other postsecondary education. In 2003, 81.9% of graduates went on to further studies--5.2 percentage points higher than in 2000. But college students and their...

Music sites clean up their act; Piracy ruling pushes file-sharing networks to dump freeloaders, negotiate with labels.(News)
July 4, 2005... Byline: Amanda Fung The u.s. supreme Court put its foot down on music piracy last week. But many peer-to-peer file-sharing networks, realizing they were in need of drastic makeovers, saw the writing on the Web before this latest judgment...

By the Numbers - IPO market: variety show.(News)(initial public offerings )(Brief Article)
July 4, 2005... A dozen new york area companies held initial public offerings in the last six months, raising a total of about $2.8 billion. That's slightly ahead of the same period in 2004, when eight companies raised $2.5 billion. Last year's list was...

The Insider.(Briefs)
July 4, 2005... Byline: Erik Engquist and Anne Michaud Albany curious about George Will he stay or will he go? Observers have been waiting for Gov. George Pataki's decision on whether he'll seek a fourth term in 2006 or step aside in the face of an...

Correction.(Corrections)(Correction Notice)
July 4, 2005... The latest Crain's ranking of the area's largest women-owned companies is based on estimated 2005 revenues. The year was stated incorrectly in the June 27 issue.

Highlights Reel: Backwards & Forwards.(In the Markets)(taxation of Accenture Ltd.)(earnings of American International Group Inc.)(shares of TheStreet.com L.L.C.)(Brief Article)
July 4, 2005... Although its board usually meets in New York, Accenture lists Bermuda as its headquarters. The consulting firm is lobbying to be exempted from a recent law that would treat it as U.S.-based for tax purposes. If unsuccessful, it could face a big...

Tarnished tech firm occupies solid niche; Computer Associates has long contracts, few rivals; some see opportunities.(In the Markets)(Computer Associates International Inc.)
July 4, 2005... Byline: Aaron Elstein Computer Associates International Inc. is having a tough time shaking its accounting-fraud-tainted past. Last week, the Islandia, L.I., company announced further adjustments to its previously reported results and...

Public Theater stages comeback; Free Shakespeare returns as donations grow.(In the Markets)(Brief Article)
July 4, 2005... Byline: Miriam Kreinin Souccar for the first time in four years, New Yorkers are once again able to see two free Shakespeare in the Park productions this summer. The Joseph Papp Public Theater hasn't been able to afford to stage two...

New York, New York.(Briefs)(marketing of United States Tennis Association)(new york is celebrating its 10th anniversary)(McNally Robinson NYC launches Harry Potter novel)
July 4, 2005... Byline: edited by Valerie Block Tennis players get pet names To net more fans, the United States Tennis Association is launching a $3 million ad campaign playing up the personalities of its biggest stars. The blitz will kick off on...

Hot spots hit new heights; Hotels chase hippest with rooftop bars that charge premium prices; rowdy customers need not apply.
July 4, 2005... Byline: Lisa Fickenscher nature-deprived new yorkers have always flocked to sidewalk cafes during the summer. But lately they are trading in their street-level seats next to idling trucks and honking taxis for higher planes and better...

More secure Freedom Tower.(Briefs)(Morgan Stanley appoints John Mack)(The Goldman Sachs Group Inc. downsizes)(Tradeware Systems Corp. appoints Howard Schwartz )
July 4, 2005... Byline: from staff reports and bloomberg news reports The revised design for the Freedom Tower, which was sent back to the drawing board seven weeks ago amid safety and security concerns, was unveiled. The new plan moves the building back...

Emergency dresses a W Hotel service; Furstenberg tie-in aimed at young women.(News)(Diane Von Furstenberg Studio)(Brief Article)
July 11, 2005... forget robes and shampoo. Manhattan-based W Hotels will soon offer guests in a fashion crisis a little black dress and thong. Advertising Age reports in today's edition that W is partnering with famed 1970s designer Diane Von Furstenberg to...

New inn spot shines in Jersey; Contemporary cuisine, many wines star at casual Pluckemin; early glitches.(Business Lives)(Pluckemin Inn)
July 11, 2005... Byline: bob lape When a guest at the astonishing new Pluckemin Inn in Bedminster, N.J., remarked on being chilly, she was immediately invited to select from a basket of pashmina scarves in different colors. She chose one that matched her...

Wizard wordsmith.(Business Lives)(Scholastic Inc)(Brief Article)
July 11, 2005... Byline: elisabeth butler Arthur Levine, 43, is one of a handful of people who have read Harry Potter and the Half-Blood Prince, the sixth book in J.K. Rowling's smash series, due out July 16. In fact, as editor of the American versions of...

Cheating on long-term care.(Viewpoint)
July 11, 2005... Byline: Alair Townsend People who would be mortified to admit their families were taking welfare benefits abandon all shame when it comes to welfare in the form of long-term care for their parents. Adult children are encouraging their...

Brooklyn College getting face-lift; $102M design overhaul; Fordham Road booster group gets under way.(Neighborhood Journal)
July 11, 2005... Brooklyn college is reversing a 30-year-old mistake by remaking the Midwood campus to reflect its original design. The $102 million project will re-create the vision laid out for the school's grounds in 1935. The demolition of the...

Corrections.(Case Note)
July 11, 2005... Merck Inc. spun off Medco Health Solutions Inc. in August 2003. The timing was misstated in a June 27 article about Medco. Big Apple Car Inc.'s estimated 2005 revenues are $23.7 million; the company should have been ranked 22nd on the June...

The Best of Bob Lape.(Business Lives)(American Grill )(Atelier )(Bar Americain)(Brief Article)
July 11, 2005... American Grill (2.5) 1180 Victory Blvd. (at Clove Road), Staten Island. (718) 442-4742. In a new location, Pamela Silvestri and David Cavagnaro's friendly, flavorful restaurant features caring service, superior steaks and all-American fare...

Industrial policy has design flaws; Zones to provide low rents, long leases won't prevent residential conversions, other uses.(Small Business Report)
July 11, 2005... Byline: judy temes manufacturing in New York City is in deep trouble, and the all-too-common experience of Bruno Holst is a good reason why. In his first three years in operation, the owner of Bear Woodworking didn't even bother to...

What's the quickest route to the Hamptons?(Business Lives)(Brief Article)
July 11, 2005... the best bet for driving to the Hamptons is to take the HOV lane on the Long Island Expressway. That way, you avoid the worst of the traffic, but you need a second person in your car. Try to avoid that road between 6 p.m. and 8 p.m. Friday...

New ad biz stars; Small, independent shops win large accounts as clients tire of big agency bureaucracy.(News)
July 11, 2005... Byline: tommy fernandez new york's advertising industry is once again learning to respect the powers of tiny agencies with funny names--like the boutique named after a knuckle-sized Amazonian amphibian. Strawberry Frog, a 25-staffer...

The City's Man.(Small Business Report)(Clothing industry)(Brief Article)
July 11, 2005... The city's new manufacturing czar comes to the job with some unique qualifications. Growing up in Brooklyn's Sunset Park as the child of Chinese immigrants, Carl Hum spent many after-school hours by his mother's side as she worked as a...

A guide for making goods while still making money; In shrinking sector, firms must produce standout goods while cutting costs.(Small Business Report)
July 11, 2005... Byline: tina traster Two decades ago, Tom Cat Bakery, an artisanal bread maker that caters to restaurants and gourmet shops, was the only game in town. As the field has grown crowded, competition has intensified. The most obvious way...

Chambers aim for clout via unity; Borough groups seek mutual benefit with combined legislative effort.(Small Business Report)
July 11, 2005... Byline: erik engquist for years, Linda Baran, the head of the Staten Island Chamber of Commerce, has been waging a lonely battle, traveling to Albany to lobby state leaders on her members' top priority: a reduction in the sales tax. ...

Nymex warning bell; Powerful exchange faces rival's threat; IPO push.(News)(New York Mercantile Exchange)
July 11, 2005... Byline: aaron elstein chaos is a fact of life at the New York Mercantile Exchange, where hordes of zealous traders wave their hands and holler as they set the global price for oil from a 25,000-square-foot floor in the World Financial...

Fresh direct founder to headline event; Crain's New york expo.(Small Business Report)
July 11, 2005... The founder of Fresh Direct, the fast-growing online grocer, headlines the 14th annual Crain's New York Expo on Friday, Oct. 28. Jason Ackerman, founder, vice chairman and chief financial officer, will trace Fresh Direct's history and...

The Insider.(Briefs)(Viacom Outdoor Inc. and Clear Channel Outdoor)(Plaza Hotel and Casino)(Public employee pension funds)
July 11, 2005... Byline: Erik Engquist and Anne Michaud New team picks up Olympic torch The olympic dream has been shattered, but the reverberations continue. While the Olympic delegation was flying back from Singapore, insiders were speculating...

WellChoice's rapid rise leaves little upside; Investors jump on good news, but stock is trading close to takeover value.(In the Markets)
July 11, 2005... Byline: aaron elstein It's all blue skies for WellChoice Inc., the managed care company formerly known as Empire Blue Cross Blue Shield. The stock has jumped 33% this year on an escalating chorus of good news. Last month, New York...

New Brooklyn proposal faces uphill battle; But surprise bid may force Forest City Ratner to downsize original concept for Nets arena.(News)(Extell Development Co)
July 11, 2005... Byline: anne michaud and julie satow A last-minute alternative for developing downtown Brooklyn faces an uphill battle against the original concept, a massive project centered on a basketball arena at the prime development site. The...

Mr. Write seeks true love.(Business Lives)(Existential Hell: A Screenplay Trilogy)(Brief Article)
July 11, 2005... For some self-published authors, it's not how many people read your book, but who they are. Novice author Lawrence Corneck has no illusions that his book Existential Hell: A Screenplay Trilogy, to be published by Author House this fall,...

The Weeks Ahead.(Calendar/Datebook)(Calendar)
July 11, 2005... Byline: adrianne pasquarelli This week's events July 12 New York Society of Security Analysts holds course on building a financial statement model using Excel. 1:00 p.m. to 4:30 p.m., American Management Association, 1601...

Executive Moves.(Business Lives)(BDO Seidman L.L.P.)(DeVries Public Relations)(Hoffman Architects Inc.)
July 11, 2005... Byline: adrianne pasquarelli Accounting & consulting BDO Seidman: Brian Aryai, 41, joined as director in the litigation and fraud investigation practice. He had been a vice president at Computer Associates. Kevin Brant, 44, joined...

Week In Review.(Briefs)(New York Times Co.)(International Inc)(Merrill Lynch and Company Inc.)
July 11, 2005... Byline: from staff reports and bloomberg news reports NYT's Miller sent to jail New York Times reporter Judith Miller began a jail sentence of up to four months after refusing to reveal to a grand jury who told her the identity of CIA...

Hard road for soft `Penthouse'; Revamped magazine still features nudity; turnoff for advertisers.(News)
July 11, 2005... Byline: matthew flamm no magazine reader in his right mind would mistake the racy Penthouse for abs-obsessed Men's Health. Until lately. Not only is the cover model on the August Penthouse wearing clothes, but a coverline promises "10...

Budget hotels home in on West Side; Small inns sprout in rezoned Hudson Yards; eyewear firm focuses on Madison.(Real Estate)
July 11, 2005... With three hotels in the works, a new hub for affordable hospitality is emerging west of Seventh Avenue, in the rezoned Hudson Yards neighborhood. An 80-room Comfort Inn is scheduled to open by the end of the year at 305 W. 39th St. A few...

CVS: Speed is aim; Stores will accept contactless cards to cut transaction time.(CVS Pharmacy Inc)(Brief Article)
July 11, 2005... Byline: elisabeth butler cvs/pharmacy is doing something to alleviate long lines at its checkout counters. Last month, the drugstore chain finished installing contactless credit card terminals in its 400-plus locations in New York. The...

A contrarian looks for fun in Florida, out of season.(Viewpoint)(Column)
July 11, 2005... Byline: james brady Discerning new yorkers escape summer by trekking north to the mountains, the Vineyard, the Cape. In winter, they take in the Florida sun. I follow a less rational pattern, driving north in February to ski in Vermont and...

Literary glory for all; Web lets authors self-publish; don't quit day job.(usage of internet for self publishing )(print-on-demand technology)
July 11, 2005... Byline: matthew flamm hen cheril clarke finished writing her latest novel last fall, the young, unknown author didn't worry about whether anyone would publish it. Ms. Clarke, who works days as an analyst at Citigroup's data center...

Back in the groove; The hip-hop title pioneer returns to Vibe with a view to growth and expansion.(Len Burnett)
July 11, 2005... Byline: matthew flamm The new guy on this job doesn't have to get up to speed. Len Burnett, named group publisher of Vibe and Vibe Vixen last month, is now in charge of the urban music magazine he helped launch, and its new sibling. ...

small business resources; Crain's web site.(Small Business Report)(NewYorkBusiness.com)(Brief Article)
July 11, 2005... NewYorkBusiness.com features free resources to assist entrepreneurs. Click on "Small Business" to view a list of local events for businesspeople, links to membership groups and more. Also available online is the "Growing a Business Guide,"...

City should make 2016 bid.(bidding for olympics)(Column)
July 11, 2005... Stung by a humiliating defeat in the city's 11-year quest to land the 2012 Olympics, Mayor Michael Bloomberg was in no mood last week to consider the future. Asked whether New York should seek the 2016 games, he would say only that it was a...

At Deadline.(New York University Medical Center)(New York University School of Medicine)(Times Square Alliance)
July 11, 2005... The terrorist attack in London last week had little or no impact on business and leisure travel to New York, say hotel managers and executives from tourism-related businesses. There was no wave of cancellations, which is consistent with the...

Jolted NY hospitals act to avert closure; File for Ch. 11, clean up finances as panel targets the inefficient; no more lifelines.(News)
July 11, 2005... Byline: gale scott the state panel charged with proposing the closure of unnecessary hospitals will finally get down to business on Wednesday. But before it even gavels open its first meeting, the governor's Commission on Health Care...

Harlem Park filling up; Players mulling the space include Union Square Hospitality.(to open a restaurant at Harlem Park multiuse complex)(Brief Article)
July 11, 2005... Byline: Lisa Fickenscher prominent restaurateur Danny Meyer is in discussions to open a rooftop restaurant at the $236 million Harlem Park multiuse complex about to be built at 125th Street and Park Avenue. Union Square Hospitality...

Supreme Court Seat: It's war time for NY groups.(Briefs)(Brief Article)
July 11, 2005... Forget strategy and fund-raising goals--just rally the troops and get the cash flowing. Details can be worked out later, say liberal New York groups mobilizing for war after the unexpected resignation of Supreme Court Justice Sandra Day...

WANTED: Medical School Dean.(Business Lives)
July 11, 2005... JOB DESCRIPTION Oversee research, faculty, and patient care at Columbia University Medical Center MOST IMPORTANT TASKS Raise millions for teaching and research, ramp up primary care network CREDENTIALS NEEDED Medical superstar with 10...

Developers defy housing bubble; City construction mushrooms despite scarce land, high costs; Manhattan leads way.(News)
July 11, 2005... Byline: tom fredrickson pundits may yap about a housing bubble, but developers aren't listening. New York is in the grips of a construction frenzy that is far surpassing activity in most other parts of the nation. As sales prices keep...

Trump's 'Apprentice' partners; George Lucas gets a starring role as companies pay hefty branding fees.(Donald Trump)(casting for The Apprentice television program)
July 18, 2005... Byline: Claire Atkinson with hundreds of hopefuls lined up outside New York's Trump Tower to audition for season five of NBC's The Apprentice, Donald Trump sat in his office 26 floors above the street and revealed the name of a key cast...

Queens conversion on the docket; Courthouse to go residential; Dumbo buildings get face-lift.(Neighborhood Journal)
July 18, 2005... A manhattan-based developer will add housing stock to rapidly gentrifying downtown Jamaica by transforming the old Queens Family Court building into a 375-unit mixed-income residential complex. The Dermot Co. plans to break ground next year...

Paymeister.(Business Lives)(Steven E. Hall of Pearl Meyer and Partners)(Brief Article)
July 18, 2005... Byline: aaron elstein Steven E. Hall, 54, president of Pearl Meyer & Partners, a consulting firm that advises companies on how much to pay their top executives. THE CHALLENGE: Mr. Hall walks an uneasy line between executives who want...

Hospitals expand despite cutbacks; Costly upgrades to boost patient revenue bring risk.(Health Care Report)
July 18, 2005... Byline: Elizabeth Macbride albany has put hospital closures squarely on the table as part of the statewide effort to cut health care costs. Then why are hospitals throughout New York City spending hundreds of millions of dollars to expand?...

Card issuers charge after owners; Offer new services, extras in bid to grow share amid battle.(Small Business)(Citibank, J.P. Morgan Chase, American Express)
July 18, 2005... Byline: Jean Ende Last year, Letitia Mulzac realized she had almost everything she needed to open Home and Abroad, an imported gift and furniture shop. She had contacts in India, Indonesia and Morocco, and a great location on Atlantic...

Not your dad's donors; Young philanthropists don't want to just write a check.(News)
July 18, 2005... Byline: Miriam Kreinin Souccar jamie rubin has been to more benefit dinners than he can count. The 37-year-old son of former Treasury Secretary Robert Rubin is obviously a hot prospect for the city's blue-chip charities. But as...

Fund-raiser with style; A successful switch from arts to medical philanthropy.(susan kind)
July 18, 2005... Byline: Samantha Marshall When susan kind made the switch into health-care philanthropy nearly a decade ago, the veteran fund-raiser felt torn. As a director of development at New York University's Tisch School of the Arts, she attended a...

EXEC-PAY STICKER SHOCK; CEOs, other key managers get paid like banking stars.(News)
July 18, 2005... Byline: Aaron Elstein stephen crawford's tenure as co-president of Morgan Stanley proved short but terribly sweet. When he resigned last week, after barely three months on the job, his gold-plated guaranteed-pay package kicked in. He was...

Fate of city facilities in upstaters' hands; Downstate reps, unions uneasy about panel's tilt.(Health Care Report)(Commission on Health Care Facilities in the 21st Century)(views on the members chosen for commission)
July 18, 2005... Byline: Gale Scott when gov. george pataki announced last year that he was creating a commission to reshape the state's hospitals and nursing homes, scores of players in New York City's health care system submitted their names as...

Open Season.(city council members nominations)
July 18, 2005... Seven City Council members are leaving their seats at year-end because of term limits, with the exception of Eva Moskowitz, from District 4, who is stepping down to run for Manhattan borough president. Five of the open seats are in Manhattan....

Prosecutors going private for white-collar dollars; Firms vie for skilled lawyers as zealous AGs boost demand; some too pure to play.(News)
July 18, 2005... Byline: Tommy Fernandez former federal prosecutor Kenneth Breen says the calls started in January. He had just won high-profile convictions against an Internet stock trader and a former FBI agent. Mr. Breen was a wanted man: Headhunters...

Luxury condos for Queens waterfront; 3 buildings will be taken down; new cupcakes coming to Upper West Side.(Real Estate)(Buttercup Bake Shop planning to open a new bakery)(american capital strategies leased office land)
July 18, 2005... Three buildings along the East River waterfront in Queens have been sold to residential developer Toll Brothers, which plans to demolish them to construct 100 luxury condominiums. Long Island City has experienced a residential boom in the...

Correction.(Corrections)(Correction Notice)
July 18, 2005... The chief executive of Mount Sinai Hospital is Dr. Kenneth Davis. A July 11 article about hospital finances misstated his name.

Drawing Center may quit WTC; Fight over content restrictions delays museum's plans; will not be censored.(News)
July 18, 2005... Byline: Miriam Kreinin Souccar amid a storm of controversy over plans for the Ground Zero cultural centers, the Drawing Center says it has put the entire planning process for its move downtown on hold and is considering whether it should...

Firms vie to supply NYC juice; Decision on new plant set for year-end.(contracts to add generating capacity)
July 18, 2005... Byline: Tom Fredrickson as many as 10 energy companies are vying for a state contract to add 500 megawatts of generating capacity in New York City. KeySpan Corp., Fortistar, SCS Energy, TransGas Energy Systems, NRG Energy Inc. and...