Crain's New York Business articles from June 2005

Crain's New York Business archives from June 2005

HANDING OUT javits windfall.(Briefs)(government aid to expand convention centers)(Brief Article)
June 6, 2005... Gov. George Pataki, Senate Majority Leader Joseph Bruno and Assembly Speaker Sheldon Silver have divvied up $350 million designated for economic development outside of New York City as part of a December deal to allow the state to spend the...

MoMa's Past.(Twentieth Anniversary Issue)(Museum of Modern Art)(Brief Article)
June 6, 2005... Byline: Source: MoMA 1929: The Museum of Modern Art opens on Fifth Avenue and 57th Street with just six rooms 1932: Museum moves to townhouse on West 53rd Street, part of present site 1980: Construction begins on the west wing and...

New Yorkers are filing into salons and polishing up; little things that have made life easier.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... What's a girl to do when a last-minute job interview or date develops and her nails are a mess? No problem, she can duck into one of the city's 7,058 nail salons and get a manicure for around $10. For a little over $30 she can also have a...

parks dept. improves the city's grooming and appearance.(Twentieth Anniversary Issue)(Department of Parks and Recreation)(Brief Article)
June 6, 2005... Most new yorkers agree that a little bit of green goes a long way in making the city more liveable. In the past 10 years, the city's Parks and Recreation Department has added more than 2,000 acres of parkland to the 28,000 acres it oversees in...

The Weeks Ahead.(Calendar/Datebook)(Calendar)
June 6, 2005... Byline: adrianne pasquarelli this week's events June 7 Manhattan Chamber of Commerce, AXA Advisors and Smallbiztechnology hold workshop on marketing to small businesses for tech consultants. 6:00 p.m. to 8:00 p.m., 1290 Sixth...

MoMA REINVENTS ITSELF, BUT SOME FEEL LEFT OUT; Expansion boosts museum's attendance, fuels debate on new direction.(Twentieth Anniversary Issue)(Museum of Modern Art)
June 6, 2005... Byline: Miriam Kreinin Souccar It was the day after sept. 11, and the Museum of Modern Art's executive committee huddled together in an emergency meeting. MoMA had already demolished 30% of its midtown site to make way for its...

Barnes & Noble's same-day manhattan delivery a best-seller.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Oops, your book group meets in less than a week and you don't even have the assigned novel yet. Not to worry if you live or work in Manhattan, thanks to Barnes & Noble's offer of same-day delivery for most books it sells. Unlike other online...

Then & Now: Financial State of the City, Part 2.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... over the past 20 years, the average wage for New Yorkers has climbed every year except in 2002, when earnings fell to $59,461 from $61,041. The type of work done by New Yorkers changed dramatically, as the city lost manufacturing jobs and...

Then & Now: Top 10 Publicly Held Companies.(Twentieth Anniversary Issue)(name change of Philip Morris Companies Inc.)(change of location of Exxon Mobil Corp. and J.C. Penney Corporation Inc.)(Brief Article)
June 6, 2005... comparing the list of the largest public companies over the past 20 years illustrates how much acquisitions and mergers and corporate moves have affected business in the city. Only two companies remain from the original Crain's list: IBM and...

NYSE rebels plot union against deal; Combined effort could block merger or force concessions; managers stand firm.(News)(merger of New York Stock Exchange Inc. and Archipelago Holdings Inc.)
June 6, 2005... Byline: Aaron Elstein As the new york Stock Exchange's proposed merger with an upstart trading firm moves full speed ahead, some disgruntled NYSE members are pushing hard to unite two warring opposition blocs in an attempt to gain...

Dimon puts JP trading on ice; Morgan Chase's risk-averse boss loses key staff and growth capability.(News)(Jamie Dimon)
June 6, 2005... Byline: Tom fredrickson In overseeing the sprawling $1 trillion J.P. Morgan Chase & Co., Jamie Dimon is a master of minutia. The chief operating officer and chief executive-in-waiting is on a crusade to reduce the global bank's financial...

Money-maniacal hedge funders reinvent greed; Management fees provide fastest path to multimillions.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Aaron Elstein At his office high above Fifth Avenue, Neal Berger spends every working day and a lot of sleepless nights hunting for what he calls "edge.'' That means scouring markets all over the world for stocks slipping below the...

Profile: Gifford Miller.(Briefs)(Brief Article)
June 6, 2005... Cousin Fritz cannot be a happy man. City Council Speaker Gifford Miller, after weeks of negotiations behind the scenes, has decided to take on the city Campaign Finance Board over the issue of union donations. Mr. Miller is likely to call...

Baker plays rushin' roulette.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... A decade after its removal, Antoinette Binanti still remembers the mahogany-and-glass display case that stood just inside her bakery's door. "It stood 6 feet high and was 12 feet long, and I kept my chocolate in it,'' says the owner of...

Tough-love chancellor restores cuny prestige; A school system that had become a joke got serious; still a lesson in diversity.(Twentieth Anniversary Issue)(City University of New York)
June 6, 2005... Byline: Judy Temes David bauer is one of those star high school students who could have his pick of any college. The winner of the 2005 Intel Science Talent Search, better known as the "Junior Nobel Prize'' for science, is also a...

NOT TOO PROUD TO BEG.(Twentieth Anniversary Issue)
June 6, 2005... With the finesse of two-faced adolescent girls, some real estate contemporaries have no problem groveling to be part of The Donald's success. A construction subcontractor recently knocked $1 million off of a project's price after Mr. Trump...

CHEF BATALI'S MANIFESTO REMOVES THE POMP; Dominion of restaurants, TV shows gives him a culinary triple crown.(Twentieth Anniversary Issue)(Mario Batali)(Biography)
June 6, 2005... Byline: Robin Kamen There are celebrity chefs who are known as much for their movie-star looks as for their menus, and those who solemnly dispense gospel from the plush dining rooms of their gastronomic temples. Then there is Mario...

MOGULS REACH DEEP FOR POWER OF THE PRESS; Giving Egos A Voice Can Mean Losing Millions A Year.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Jon Fine Mort zuckerman has one. So do Rupert Murdoch and Arthur Carter. Michael Steinhardt and Roger Hertog share one. No, not yachts or private planes, but bully pulpits, more commonly known as newspapers. Not unlike...

it's cool, it's limitless, it keeps them coming; As a vibrant city of dreams, New York serves youth and ambition in both business, arts.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Louise Kramer New york's vibe would have a much slower frequency without the perpetual influx of bright, energetic young people who make their way to the city every day. After all, it's not just new foreign immigrants who add to...

Grocers bottled up; Want to bag 5-cent deposit law, clean up container mess; politicians take on their cause.(News)
June 6, 2005... Byline: Lisa Fickenscher new york's supermarkets aren't trying to advertise how filthy their basements are, but lately they're making some astonishing confessions. They describe storage areas as infested with rodents and insects scurrying...

City builds up a talent for reinvention; Creativity improves neglected areas; not without conflict.(Twentieth Anniversary Issue)
June 6, 2005... Byline: andrew marks Unlike so many urban areas that grow through suburban sprawl, New York is a master at reinventing spaces and neighborhoods. There's unlimited imagination in finding new opportunities for declining neighborhoods,...

What Makes New York New York.(Twentieth Anniversary Issue)
June 6, 2005... In the 20 years that Crain's New York Business has been covering the city, the players may have changed but the fundamental nature of the stories has remained constant. Despite the cycles of feast and famine, the city maintains the brashness,...

The Insider.(Briefs)
June 6, 2005... Case for interstate wine shipments gains momentum in Legislature A bill that would allow virtually unfettered interstate wine sales is gaining momentum in Albany. Last week, Republican Sen. George Winner and Democratic Assemblyman...

From being brushed off to covering the big stories.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Rance Crain I hope I have an easier time giving away our redesigned newspaper today than I did 20 years ago when we first introduced it. When busy New Yorkers brushed by me outside of Grand Central Terminal as I tried to hand...

Nomura seeks NY comeback; Healed from '90s meltdown, it steps in where other foreign firms fear to tread.(News)(Nomura Securities International Inc.)
June 6, 2005... Byline: aaron elstein the giant is stirring again. Nomura securities, which ranked as the world's largest brokerage house until Japan's stock market bubble popped 16 years ago, is once again making a push to join the big leagues of...

War of Words.(News)(case against New York Stock Exchange Inc. for merger)(Brief Article)
June 6, 2005... Two suits have been filed by stock exchange members against the NYSE, its directors, Goldman Sachs and Archipelago. The NYSE and Archipelago have filed a motion to put the suits on hold. "The proposed merger... is the product of breaches...

ipods are music to the ears for those seeking quiet.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Mayor mike, unofficial head of the noise police, must love the iPod. Perhaps no other single invention has cut the noise level as much in the city in recent years. New Yorkers walking down the street or crowding into subways and buses can...

Week In Review.(Briefs)(Simon & Schuster Inc. to publish book)(sales of American International Group Inc.)(Citigroup Inc. acquires Federated Department Stores Inc.)
June 6, 2005... Byline: from staff reports and bloomberg news reports Morgan Stanley moves downtown as expected, Morgan Stanley plans to move some 2,300 employees to 1 New York Plaza and add almost 600 jobs over the next five years (Crain's, May 30)....

freshdirect brings home the bacon for the couch potato; little things that have made life easier.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Lugging groceries home may be near the top of the list of chores that New Yorkers hate. Sure, many local grocery stores offer delivery service, but only after a customer has walked the crowded aisles, emptied a cart for an often-sullen cashier...

chefs have easy time gathering their ingredients.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... It's almost hard to remember a time in the city when gourmet shopping meant taking a trip downtown to Balducci's or uptown to Zabar's. Today, there's hardly a neighborhood in Manhattan--and in most of the other boroughs--that doesn't boast at...

Clothing licensors itchy to buy; Name of game is to buy up brands like the big boys; could overpay in desperation.(News)(Signature Apparel Group)
June 6, 2005... Byline: elisabeth butler christopher laurita, chief executive of Signature Apparel Group, makes a good living by managing licenses for popular clothing lines Levi and Rocawear. But licensing isn't enough: He wants to buy his own brands to...

Law & Order uses NY flavor to put out a hit; Low murder rate doesn't deter career-boosting series.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Miriam Kreinin Souccar At a recent law & order shoot in Union Square, two detectives were quizzing a homeless man about what he had seen on the night of a murder. The cast and crew were working feverishly, trying to finish...

PARKING TICKETS ARE BANE TO MANY, BOON TO SOME; Citations have drivers down, but there's a whole new business in beating the NYPD Blues.(Twentieth Anniversary Issue)
June 6, 2005... Byline: cara s. trager About twice a month, Howard Katz spends a half-day at the city's Department of Finance office in the Bronx contesting--with varying degrees of success--the hundreds of dollars in parking tickets that his carpet...

TRANSITCHEK PROGRAM MAKES RUSH-HOUR COMMUTES LESS TAXING.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... New yorkers love a bargain, and there's probably not a better deal around than TransitCheks. In 1998, the federal government allowed for $60 a month in pretax dollars to be used for transit costs, saving commuters up to $500 a year. The money...

PLAYING HUNCHES GIVES LANDESMAN UPPER HAND; Jujamcyn owner lifts performance of Broadway theater chain in a risky business.(Twentieth Anniversary Issue)
June 6, 2005... Byline: catherine curan The next time broadway producer Rocco Landesman is looking for a good plot, he just might want to tell the story of his own life. Like Sky Masterson, who rolls the dice while entreating "Luck Be a Lady'' in Guys...

garbage disposal fears turn out to be rubbish.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... In so many ways, New York is far ahead of the rest of the country. But in other ways, it's stuck in another time. Until eight years ago, the garbage disposal, which is an essential gadget in most modern kitchens, was not only absent, but also...

caffeine stations provide New Yorkers with their daily buzz.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Who would have thought that New Yorkers were anxious to spend nearly $2 for a small (make that tall) cup of coffee? Oh, but they were, as Starbucks Corp. found out when it opened its first java joint in the city in April 1994. Sure, there are...

drivers coast through tolls thanks to E-Zpass.(Twentieth Anniversary Issue)(Metropolitan Transportation Authority )(Brief Article)
June 6, 2005... Getting out of town became a lot easier in October 1995, when the Metropolitan Transportation Authority Bridges and Tunnels began installing E-ZPass lanes on the gateways to the city. It was several years before the electronic toll-takers were...

THE GOOD, BAD AND KIMCHI OF A NY CHILDHOOD; Must-do's: going to Met, and to the Village for a fake ID.(Twentieth Anniversary Issue)
June 6, 2005... Byline: jenna krumminga Jenna Krumminga is a 21-year-old Dartmouth University student, born and raised in New York City. She and her younger sister grew up on the Upper West Side of Manhattan and attended the Trinity School from...

QUEENS NATIVE DEUTSCH STAYS In YOUR FACE; Adman/media star uses public school social skills; some wonder about the substance.(Twentieth Anniversary Issue)
June 6, 2005... Byline: lisa sanders The evening of march 8, one of New York City's ugliest storms of the winter raged outside Lincoln Center. Inside, Donny Deutsch took the podium at the annual fund-raiser for the New York City Opera and promptly...

People, places and things that make New York click.(Twentieth Anniversary Issue)
June 6, 2005... Byline: James Brady Some of the people, places, things and the attitudes that make this city unique, that make New York New York. Frederick Law Olmstead's great, and decidedly central, park. Ed Koch. The dinosaurs at the American Museum of...

MORE TICKETS TO RIDE AS COMPANIES ROLL IN; More options mean competitive pricing; logistics unique to New York.(Twentieth Anniversary Issue)
June 6, 2005... Byline: erik engquist Alisa lamont can't be bothered with owning a car. The Brooklyn resident finds the subway easily accessible and the price for a parking garage too outrageous to consider--and there are always taxis when she's in a...

CATCHING A CAB EASIER THAN EVER AS TAXIS FILL STREETS.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... New yorkers aren't known for their patience. Even a five-minute wait while trying to hail a cab can seem like an eternity. Especially on a rainy day or night, it might appear that there isn't an available cab to be had. But au contraire. Today,...

KEEPING CUSTOMERS SATISFIED.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Car rental agents have learned many ways to soothe the fiery tempers of New Yorkers who aren't getting the service they expect. But few may be as inventive as Arthur Smolin was a number of years ago. On a Christmas Eve at a car rental...

Charity begins at home for small nonprofits; It takes creativity to be noticed in a city with the most organizations in the world.(Twentieth Anniversary IssueWillmore Wilderness Park, Alberta)
June 6, 2005... Byline: miriam kreinin souccar Since the adaptive design association opened four years ago, it has helped scores of disabled kids do everyday things like ride a tricycle or sit on the floor with other children during circle time at school....

LARGER RESTROOMS ARE A GIRL'S BEST FRIEND.(Twentieth Anniversary Issue)(constructing women's bathroom )(Brief Article)
June 6, 2005... Here's not a woman in town who hasn't agonized over whether there was time to go to the loo during intermission at the theater or before a movie was about to begin. But relief is beginning to surface all over town. The owners of the newest...

SIZING UP THE COMPETITION.(Twentieth Anniversary Issue)
June 6, 2005... Some experts say that small nonprofits actually fare the same as their counterparts in other cities. The difficulty, they say, is who these groups are comparing themselves with. "Every day in the paper here, you read not just about one...

Restaurateurs serve worldly cuisine with less starch.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Bob Lape New york's pre-eminence as dining-out capital of the world is predicated on people. People with talent, imagination and drive performing for the world's best-informed and most curious audience. The year 1985 was the...

Highlights Reel: Backwards & Forwards.(In the Markets)(Brief Article)
June 6, 2005... Give the strong-stomach award to investors in AIG. Last week, the scandal-racked insurance giant finally restated its results, knocking nearly 3% off its net worth. AIG's shares nevertheless finished the week at $55.09, more than 10% above the...

Value of appraisal firms goes through the roof; Companies lay on more staff to keep up with demand; price rises elusive.(Real Estate)
June 6, 2005... Byline: victoria rivkin Nearly two years ago, Steven Schleider and a colleague decided to take a chance. They quit their jobs at a big real estate valuation firm and set up their own shop. Good move. Today, their Manhattan-based...

Then & Now: Culture Embraces its Feminine Side.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... change has been the constant at the major cultural institutions in the city over the past 20 years. Philippe de Montebello of the Metropolitan Museum of Art is the only executive from 1985 still in charge. The other major change is in the...

Radio biz loads up podcasters; Mainstream talk and news go mobile to catch up to fleeing listeners.(News)
June 6, 2005... Byline: matthew flamm the podcasting craze is moving out of the fringes and into the mainstream, now that Rush Limbaugh fans can download his daily radio talk show onto their MP3 players. The service, launched last Friday by Clear...

entrepreneurs ride waves of ethnic evolution; Adapt to Queens' shifting population, battle the malls.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Erik Ipsen When herman Hochberg took over his family's liquor store in Ridgewood, Queens, 40 years ago, he simply did what his parents had done before him. He stocked what people in the largely German neighborhood had been drinking...

Union leader grasps power of politics; Alliance-builder Dennis Rivera wins big for members; their gain may be state taxpayers' loss.(Twentieth Anniversary Issue)
June 6, 2005... Byline: judith messina The most powerful union leader in New York has just one photograph on display in his home: a picture of the late John Cardinal O'Connor. No family photos, no glad-handing politicians, only an image of the charismatic...

Eateries stake big dough on captivating interiors; Developers, startups' owners gain entree to destination diners; risky investments.(Real Estate)(Nobu 57 restaurant)
June 6, 2005... Byline: christine haughney anticipating a customer base of hedge-fund marvels and A-list celebrities, TriBeCa restaurant Nobu is running up a huge tab as it designs its forthcoming midtown branch. Nobu 57 will feature $8 million worth of...

Then & Now: In Real Estate, All Things Are Not Equal.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... while commercial real estate both downtown and midtown has had its share of ups and downs over the past 20 years, midtown has come out far ahead. Rents in lower Manhattan were almost the same last year as they were in 1985, while they've risen...

Then & Now: Read All About it - Circulation Wars.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... the new york post has been the wild card in the fight to get New Yorkers' attention. While the Daily News' readership fell precipitously between 1985 and 1995, and is still slowly eroding, the Post has made an admirable comeback. The New York...

Then & Now: A growing tower of babel.(Twentieth Anniversary Issue)(surveys of english language speaking Americans)(Brief Article)
June 6, 2005... if it seems like everyone around town is speaking a language other than English, there's a good reason. Between 1980 and 2000, there were nearly 400,000 more New Yorkers who said they don't speak English well or don't speak it at all. During...

Then & Now: New Flavors in the Melting Pot.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... while many large cities lost population in the latter part of the 20th century, New York continued to grow, as immigrants flocked to the various boroughs. Staten Island had the biggest growth spurt on a percentage basis, 26%, while the borough...

Then & Now: 2.2 Billion Thank-Yous for riding MTA.(Twentieth Anniversary Issue)(Metropolitan Transportation Authority Card Co.)(Brief Article)
June 6, 2005... as the city's population rose by a million and employment climbed by 53,000, ridership on the MTA's subways and buses grew by 41% and 25%, respectively. Under Robert Kiley, the agency raised its base fare three times. Facing a...

Then & Now: That's Expensive Entertainment.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... the rise in the cost of leisure and culture has far outpaced overall inflation in the New York area over the past 20 years. While the consumer price index rose 88%, the suggested adult admission fee at the Metropolitan Museum soared over 200%,...

New York, New York.(Briefs)(Dean Koontz leaves Trident Media Group )(services of SeamlessWeb.com)(art exhibitions of Matt Dunn)
June 6, 2005... Surprise ending for author, agent One of the longer-lasting marriages in book publishing ended late last month when best-selling thriller writer Dean Koontz left his high-powered New York agent, Trident Media Group honcho Robert Gottlieb,...

Then & Now: Where have all the readers gone?(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... A look at the paid circulation numbers over the past 20 years for consumer magazines published by New York companies tells the story of diminishing interest in reading. While Reader's Digest held the No. 1 slot in both years, its circulation...

Then & Now: They've Touched That Dial.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... The new york radio waves have gone through a major metamorphosis over the past two decades. Only three radio stations made the top 10 list in both 1985 and 2004WRKS-FM, Kiss Radio; WHTZ-FM and WINS-AM. Station ownership has changed just as...

Then & Now: Taking the Temperature of Health Care.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Medicine and its related services are playing an ever-increasing role in the city's economy and in the financial lives of its residents. Health care employment in the city has climbed unabatedly for the past 20 years, even during recessions....

on the RHODES.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... CUNY had the distinction last fall of having not one, but two Rhodes Scholars. Brooklyn College senior Eugene Shenderov, who came from Russia suffering from childhood leukemia, will be researching a cure for cancer at Oxford University. Lev...

Then & Now: 20 Years on the Great White Way.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... new york theatergoers love their musicals. The top-attended shows back in 1985 included eight musicals, while all of the most popular shows last year were of the song-and-dance variety. 42nd Street is the only show to appear on both lists,...

Then & Now: Financial State of the City, Part I.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... over the past 20 years, New York's tax receipts and debt load grew nearly three times faster than the city's economy. In 1985, the local government took in $10.6 billion in taxes, while real gross city product stood at $278.3 billion. The...

Then & Now: Where New Yorkers Want To Dine.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... changing tastes are quite evident on the Zagat Survey's list of the most popular restaurants in the city, compared with 20 years ago. Fine French food served in a formal setting is out, replaced by more eclectic cuisine in less fussy...

Then & Now: Variable Rhythms of Wall Street.(Twentieth Anniversary Issue)
June 6, 2005... the one certainty on wall street is that there is no certainty, as the jagged fever lines in these three charts show. Profits and wages bounced up and down along with the cycles of deal-making. However, there's been a steady loss of jobs in the...

NHL scratched from ESPN lineup; Network won't telecast labor-torn league.(In the Markets)(National Hockey League)(Brief Article)
June 6, 2005... the national hockey league has lost its most visible media partner, casting further doubt on the future viability of the league. Having already lost more than $400 million in advertising revenues when it became the first North American pro...

One-industry town versus town of the industrious.(Twentieth Anniversary Issue)
June 6, 2005... Byline: Alair Townsend I have split my professional life between New York and Washington, D.C. These cities are separated by only 250 miles, but they are worlds apart. Even our currencies are different. The coin of our realm is money. The...

Tishman's money power; Combines virtues of public, private firms to win trophy sites; MetLife overkill?(Real Estate)
June 6, 2005... Byline: christine haughney tishman speyer Properties is on a winning streak. In a series of recent deals, capped by the $1.7 billion purchase of the MetLife Building in April, the family-run firm has used its access to deep pools of...

EYEING CITY HALL.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... In addition to TV, writing and film, Donny Deutsch's latest area of interest is politics. A Democrat who once worked on Bill Clinton's presidential campaign, Mr. Deutsch is considering a run for mayor of New York City in 2009. "It is something...

BALANCING ACCOUNTS.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... As outside activities increasingly occupy Mr. Deutsch's schedule, some wonder whether Deutsch Inc. is suffering from its leader's absence. In the past 12 months, the agency lost two of its largest accounts, Mitsubishi Motors and Revlon, while...

Planting hedge funds' seeds.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Although it takes a complicated set of risk-taking and risk-management skills to make winning trades, forming a hedge fund is incredibly simple. All that's required is to have a lawyer create a partnership and draft an agreement for investors,...

Dems' million-dollar baby.(Twentieth Anniversary Issue)(fund-raising event)(Brief Article)
June 6, 2005... Mr. Rivera's effectiveness as a union leader--and the money he commands--has earned him respect on the national stage. At a fund-raising event a few months before the 2000 presidential election, he hand-delivered checks totaling $1 million...

Breath of Fresh air Makes the Subways A COMFORTABLE RIdE.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... New yorkers of a certain age can remember only too well the sweat-drenched, rush-hour rides on heavily graffitied subway cars. The trick in the summer was to squeeze into a car without touching another dripping body. Subway rides are a lot more...

FARE TRADE.(Twentieth Anniversary Issue)(entrepreneurial enterprises)(Brief Article)
June 6, 2005... The entrepreneurial road is rarely a straight path for most immigrants. For Mark Dikker, there were numerous detours on his way to wealth. An immigrant from Odessa, Mr. Dikker arrived in New York in 1977 and began his entrepreneurial...

Then & Now: Top 10 Commercial Banks.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... mergers and acquisitions have almost completely transformed the top-10 list over the past 20 years. Only three of the original group remain in business. Missing are names long associated with New York, including Manufacturers Hanover, Chemical...

The metrocard becomes more than a token gesture.(Twentieth Anniversary Issue)(Brief Article)
June 6, 2005... Only sentimentalists could possibly miss the subway tokens that became obsolete in May 2003. Their successor, the MetroCard, has been an unqualified hit since being introduced in a pilot program at the Whitehall and Wall Street stations in...

long arm of the law nabs viewers.(Twentieth Anniversary Issue)(Law and Order, television program)(Brief Article)
June 6, 2005... While ratings for the original Law & Order declined somewhat this past season, fans can't seem to get enough of the franchise. Addicts say the shows are better-written than most of what is on the air--more than half the shows' writers are...

Too many shoppers for overstocked A&P; Shares too risky following big gains; revamp isn't enough.(In the Markets)(Great Atlantic and Pacific Tea Company Inc)
June 6, 2005... Byline: Tom fredrickson Investors have been lining up like shoppers at a double-coupon sale to buy shares of the Great Atlantic & Pacific Tea Co. Shares in Montvale, N.J.-based A&P have soared 39% since May 10, when the company...

Downtown is focus of stadium talks; Silver's last-minute horse-trading spells hope for today's vote.(News)(Sheldon Silver)
June 6, 2005... Byline: anne michaud eleventh-hour negotiations between city and state leaders to win approval of a West Side stadium have focused not on the stadium itself but on ways to revive lower Manhattan. People close to the project say that...