Crain's New York Business articles from June 2008

Crain's New York Business archives from June 2008

Best of Bob Lape.(Business Lives)(Restaurant review)
June 2, 2008... Following are four other fine choices for rib-sticking ribs. Four Food Studio and Cocktail Salon (3) www.fourfoodstudio.com 515 Broadhollow Road (Route 110), Melville, L.I. (631) 577-4444. New chef James McDevitt gives an...

Hudson City earns top ratings, but at end of day is still a thrift.(In the Markets)(Brief article)
June 2, 2008... Looks like Hudson City Bancorp, which Forbes recently named the nation's best-run bank, can't walk on water after all. Yes, profits are rising at a double-digit pace, pushing the stock up 34% over the last year. But they slipped 7% in May as...

WAS THE MTA RIGHT TO STOP GIVING its BOARD MEMBERS FREE E-ZPASS TAGS? CRAIN'S ONLINE POLL.(Viewpoint)
June 2, 2008... Number of respondents: 354 80% Yes, abuses like this are the reason people don't trust the MTA 11% No, MTA board members don't get paid; they're entitled to these kinds of perks 9% No, executive perks aren't what makes fares go up...

New York, New York.(Eagles concert )
June 2, 2008... Byline: edited by Valerie Block Small imprint has big hit Depending on who's reading What Happened: Inside the Bush White House and Washington's Culture of Deception, author Scott McClellan is either a traitor to his former boss or a...

Pols turning up the heat on builders; Industry fears crippling regs in wake of second fatal crane collapse.(News)
June 2, 2008... Byline: Erik Engquist And Daniel Massey The city's construction industry, already confronting a Buildings Department crackdown, will face even more scrutiny following Friday's crane collapse on the Upper East Side that killed two workers...

The race to succeed Morgy.(Briefs)
June 2, 2008... Manhattan district attorney candidate Leslie Crocker Snyder has rehired campaign strategist Doug Schoen and fundraiser Jackie Mishler from her 2005 campaign and launched www.snyderforda.com. She started fundraising for the 2009 race in...

Barbecue joint blazes on Park; All-green Wildwood offers plethora of `Q' styles in Rockwell-designed spot.(Cuisine Barbecue)
June 2, 2008... Move over, Daisy May, Dinosaur, Virgil and Blue Smoke: Wildwood is on fire. The new Steve Hanson extravaganza offers the most full-blown barbecue experience in town. Wildwood seats 222 in a hot and zesty urban-rustic setting--designer...

Dairy cartons hold a secret.(Viewpoint)
June 2, 2008... One answer to why supermarkets are disappearing from the boroughs outside of Manhattan lies in the refrigerator case, where most cartons of milk come with two dates: a "legal for sale'' date for New York City and a later one for how long the...

Hot Jobs.(Business Lives)
June 2, 2008... Byline: aaron elstein WANTED: Senior FUND of Hedge funds ANALYST COMPANY HSBC JOB DESCRIPTION Track hedge funds in which HSBC and its clients have invested; conduct research on funds the firm might invest in MOST IMPORTANT...

Reinventing with God's help; Last of the floor brokers attend church program to prep for new careers.(Wall St. Special Report)
June 2, 2008... Byline: Aaron Elstein Thousands of traders in colorful jackets packed the floor of the New York Stock Exchange as recently as three years ago. They provided for great television and served as a symbol of capitalism's vitality. But...

22,000 JOBS CUT, WITH MORE TO COME.(Wall St. Special Report)
June 2, 2008... Byline: AARON ELSTEIN In the past year, 22,000 New Yorkers who work on Wall Street have lost their jobs, according to a Crain's estimate. And far more blood-letting is to come. "I'm afraid we're not even halfway through the wave of...

Bare food pantries say no to needy; Donation-starved facilities cut back; a shifting clientele.(News)
June 2, 2008... Byline: Lisa Fickenscher Late last year, Tamar Auber was forced to turn away a family that had come to her Brooklyn food pantry for help. Since then, 647 other families have been turned away from the Fort Greene facility--not because they...

Theater group's next act; On the Leesh produces shows, licenses content.(Technology Report)(Brief article)
June 2, 2008... New york has always been home to a plethora of small theater companies staffed by people working stage magic on dime budgets. Now, a growing number of those companies are adding online video to their bag of tricks. One rising star in this...

The Insider.(Briefs)
June 2, 2008... Byline: Erik Engquist and Matthew Sollars Democrats poised to sweep into House Only four years ago, Republicans held 10 of New York's 29 seats in the U.S. House of Representatives. Next year, they might find themselves with just two....

Quick rise to the big time; For Your Imagination puts celebrities on the Web.(Technology Report)
June 2, 2008... Just 18 months after founding For Your Imagination, Paul Kontonis wrapped up production on an online advertisement featuring Matthew Modine. By the measure of the celebrity-obsessed Internet, Mr. Kontonis' company has arrived. By business...

Consumers take the stage; ExpoTV's reviewers prompt purchases.(Technology Report)
June 2, 2008... A carefully clipped young man waxes poetic about his shaver. A woman pants while explaining the difficulty of her basement exercise bike. A mom recommends sending bags of popcorn to college kids. Product reviews pepper the Web, but ExpoTV's...

An accidental host; Blip.tv goes from info management to original content.(Technology Report)
June 2, 2008... In the crowded world of online television networks, Blip.tv is breaking through as an easy-to-use platform for people creating online series. Popular shows such as Political Lunch, a brief, irreverent wrap-up of political news, consider the...

More than just social, networks grasp for profits; Doubts grow that most can become real businesses.(Technology Report)
June 2, 2008... Byline: Judith Messina Launched 10 months ago, social network JamNow attracts about 5,000 musicians monthly for interactive jam sessions. The vision and technical ingenuity behind its parent company, Lightspeed Audio Labs, helped the...

Wedding season gift advice.(Business Lives)
June 2, 2008... When a couple goes to the effort of registering, do try to get them something from the registry. If the only item left is a spatula, combine it with other utensils into a nice gift basket from Williams-Sonoma. If the couple doesn't register,...

Correction.(Corrections)(Correction notice)
June 2, 2008... The ground-floor asking rent for the Rosie Pope Maternity store at 78 Greene St. was $160 a square foot. Yair Staav of The Lansco Corp. helped represent the landlord in the leasing deal. The rent and Mr. Staav's name were misstated in the May...

Digital glass ceiling is fully intact; VCs' wariness, high-tech culture exclude women entrepreneurs.(Technology Report)
June 2, 2008... Byline: Amanda Fung In many ways, Courtney Hudson, founder of eight-year-old EmergingMed, is a typical tech entrepreneur. She works 80-hour weeks and is consumed with concerns about revenue growth and staffing. Ms. Hudson, 44, is...

Surviving Bear's collapse; Analyst lands a job, a few groups retained, most walk into the cold.(Wall St. Special Report)
June 2, 2008... Byline: Aaron Elstein And Daniel Massey In mid-march, Mark Brown had never felt better about his career prospects on Wall Street. After a two-year apprenticeship at Bear Stearns Cos., Mr. Brown had just been promoted to research...

Another stink rises at Fresh Kills; Locals want a road through proposed park on former garbage dump site.(Neighborhood Journal)
June 2, 2008... Seven years after Staten Islanders won their long struggle to shut down the Fresh Kills landfill, a new battle is emerging that centers on plans for a park on the 2,300-acre site. This month, the city Parks and Recreation Department will...

Nielsen comes under fire; TV stations blame ratings slide on system, begin talking to competitors.(News)
June 2, 2008... Byline: Matthew Flamm New york's television stations are mad as hell at Nielsen Media Research. And after years of complaints about the monopoly that provides ratings data, local TV executives say they aren't going to take it anymore. ...

Rent regulation for Paterson era.(Viewpoint)
June 2, 2008... Byline: Greg David Rent regulation is the third rail of New York politics. Even politicians with the inclination to tackle other sacred cows have been reluctant to take on the system that holds down rents for some New Yorkers. Rudy...

Hot spot for Web video; New firms opt for NY to take stories online; which ad models work?(Technology Report)
June 2, 2008... Byline: Karen J. Bannan A top online video company looking for a U.S. headquarters might be expected to pick Los Angeles, the traditional home of entertainment, or Silicon Valley, traditional home of tech. But for Joost, a European...

NYRA expects record crowd at Belmont; Racing group corrals sponsors, hopes to draw 150,000.(News)
June 2, 2008... Byline: Hilary Potkewitz While triple crown contender Big Brown will be striving for a place in horse racing history at the Belmont Stakes on June 7, the New York Racing Association is hoping to achieve a victory of its own. NYRA...

The Weeks Ahead.(Calendar/Datebook)
June 2, 2008... Byline: adrianne pasquarelli this week's events June 3 Boomer Biz Events holds networking reception for baby boomers. 6 p.m. to 9 p.m., Bogart's Restaurant, 99 Park Ave., downstairs lounge. Fee: $12 members, $20 nonmembers. (212)...

TAX BREAKS Up for renewal.(Briefs)
June 2, 2008... Two of the city's key tax breaks for businesses are scheduled to expire June 30 and could be modified when--and if--they are renewed by the state Legislature. The Industrial and Commercial Incentive Program, or ICIP, cost taxpayers $409.5...

Seeking New York's top employers; crain's special section.(Business Lives)
June 2, 2008... Do you work for one of the 25 best companies in New York City? If you think so, nominate your company for Crain's New York Business' inaugural Best Places to Work competition. More than 100 top New York companies have already entered the...

Group seeks Host businesses; exploring careers.(Briefs)
June 2, 2008... The Greater New York Councils' Exploring program is seeking businesses to host educational sessions offering high school students the chance to explore various industries and make better decisions about possible career choices. The...

Executive Moves.(Business Lives)
June 2, 2008... Byline: adrianne pasquarelli and sarah studley accounting & consulting Buck Consultants: Anthony Rienzi, 49, joined as principal. He had been senior vice president and regional health practice leader at The Segal Co. Holtz...

BUSINESSWOMEN WELCOME.(Business Lives)
June 2, 2008... The New Dickson Baseball Dictionary defines a "businessman's special'' as a "weekday baseball game played in the mid- to late afternoon that caters to salaried white-collar clientele who presumably get out of work for a few hours or want to...

New Yorkers love those gadgets; City dwellers shell out for latest devices, even in downturn.(Technology Report)
June 2, 2008... Byline: Elizabeth Berlinger The dutch philosopher Erasmus once said, "If I get a little money, I buy books, and if any is left, I buy food and clothes.'' New Yorkers may be able to relate, though their addiction of choice happens to...

Take me out of the office; Execs use any manner of excuse to get to a ballgame.(Business Lives)
June 2, 2008... Byline: DANIEL MASSEY The shining sun and 70-degree temperature convinced Spencer Soloway it was a perfect day for a checkup. Actually, that's what the 24-year-old assistant to a theater producer told his boss. Instead, he hopped on...

Legal eagle soars higher; Paul Weiss vet brings younger perspective to chairmanship; prudent growth a must.(Business Lives)
June 2, 2008... Byline: Hilary Potkewitz As far as Brad Karp is concerned, there wasn't a whole lot of mystery surrounding the question of what he would be when he grew up. "My mom was a litigator, my dad was a litigator and my grandfather was, too,''...

Auctioneer weans itself off eBay; LiveAuctioneers turns to brand awareness, diversification as longtime partnership ends.(Small Business)
June 2, 2008... Byline: Shira Boss-bicak Six years ago, two Englishmen started a business in Manhattan linking auction houses and art buyers around the world via the Internet. The company, LiveAuctioneers, has since attracted 700 auction houses and...

Devil's in targeted details.(Technology Report)(Brief article)
June 2, 2008... Targeted advertising holds many minefields for social networks, especially when it comes to privacy issues. Facebook learned that last year when it launched Beacon, a service that alerted members when their "friends'' made purchases online....

Aeropostale prices, style deliver for investors; Teen retailer leaves peers in the dust; lack of debt a plus.(In the Markets)
June 2, 2008... Byline: Elisabeth Butler Cordova High schoolers hate to think about it, but the truth is that the back-to-school season is just around the corner. That's good news for teen clothier Aeropostale Inc., which is expected to post its usual...

WEEK IN REVIEW: MTA pulls freebie E-ZPasses.(Metropolitan Transportation Authority)
June 2, 2008... Byline: from staff reports and bloomberg news reports The Metropolitan Transportation Authority said that it would no longer issue free E-ZPass vehicle tags to past and current board members after New York Attorney General Andrew Cuomo...

Law firm hiring warrants more space; Houston-based Baker Botts adds more staff, expands at Rock Center.(Real Estate)
June 2, 2008... Law firm Baker Botts has expanded its footprint at 30 Rockefeller Plaza by taking an additional 20,000 square feet, for a total of about 80,000 square feet. The Houston-based firm already occupies the entire 44th and 45th floors, and the...

Curtain call.(Business Lives)
June 2, 2008... Byline: hilary potkewitz As co-chair of the Latin America practice at law firm Latham & Watkins, Jose Fernandez, 52, is used to playing lead counsel. But it's his role as founder of the Latino International Theater Festival of New York...

Altria's final tap dance; Group cuts grants after move; leaves funding void.(News)
June 2, 2008... Byline: MIRIAM KREININ SOUCCAR linda shelton has known for a while that the day would come. But as the executive director of the Joyce Theater draws up next year's budget--the first one ever without a generous grant from the Altria...

At Deadline.(Late News)
June 2, 2008... Cash-strapped airlines are rushing to scoop up business travelers left jilted by Silverjet's abrupt shutdown. The United Kingdom-based airline, which operated two business-class-only flights daily between London and Newark Liberty International...

SHOULD BARACK OBAMA CHOOSE HILLARY CLINTON AS HIS running mate? CRAIN'S ONLINE POLL.(Viewpoint)
June 9, 2008... Number of respondents: 480 Date of poll: June 4 41% No. She and Bill Clinton would overshadow Mr. Obama and make him appear weak 24% Yes. It would unify the Democrats and give them the best shot at the White House 21% No....

At Deadline.(Late News)
June 9, 2008... Shares of New York investment banks and retailers dropped sharply on Friday as the Dow Jones Industrial Average plunged 394.64 points--more than 3%--on bad economic news. Shares of Morgan Stanley dropped 8.5% to close at $40.81, and shares of...

U.S. News cuts schedule; No. 3 news title to publish biweekly beginning in 2009.(News)(Brief article)
June 9, 2008... Byline: Nat Ives U.s. news & world report, the longtime No. 3 weekly news magazine, will drop to a biweekly schedule next year, effectively ceding the troubled category to larger rivals Time and Newsweek, Advertising Age reports in today's...

Getting all juiced up; Peak demand looms as conservation efforts falter.(News)
June 9, 2008... Byline: matthew sollars New yorkers are expected to pay at least 13% more for electricity this summer than last, but that was the furthest thing on Dr. Carter Dillman's mind when he set out to buy an entertainment system last month. ...

New fund for tech startups; NYC Seed to invest up to $200,000 per company; revenues aren't required.(News)
June 9, 2008... Byline: Amanda Fung Local tech entrepreneurs needing startup cash can turn to the city for help from a new fund called NYC Seed. Mayor Michael Bloomberg unveiled the initiative last week as part of a series of Internet Week events...

Internet tax law attacked in NYS; Retailers challenge law covering sales, cut off affiliations.(News)
June 9, 2008... Byline: Amanda Fung The legal assault on New York state's plan to collect sales taxes on Internet purchases continues to grow. Overstock.com Inc. last week filed a lawsuit challenging the law. The move followed a similar action by...

Posh spot glows on Central Park; South Gate offers contemporary, seasonal American in Jumeirah Essex House.(Business Lives)
June 9, 2008... Certain homegrown chefs merit keen attention wherever they wave their whisks. They often begin on the first rung of a restaurant ladder and work steadily upward, spending years learning and honing their craft in many kitchens before taking...

WANTED: CHIEF FINANCIAL OFFICER.(Business Lives)
June 9, 2008... Byline: damian ghigliotty company Marsh & McLennan Cos. JOB DESCRIPTION Responsible for financial oversight of the world's largest insurance broker, with a market capitalization of $13.6 billion MOST IMPORTANT TASKS Supervising...

Mayor Mike and term limits.(Viewpoint)
June 9, 2008... New yorkers think Mayor Michael Bloomberg is doing a superb job, according to every poll taken in the past year, including one the mayor himself recently commissioned. If he were matched up against the likely candidates in the upcoming mayoral...

Private firms introduce genetic testing; Companies face strict laws in New York; critics have ethical concerns.(News)
June 9, 2008... Byline: Gale Scott Terry drotos had no idea what secrets her DNA might hold when she asked to have it analyzed by Navigenics Inc., a company that offers genetic testing to the general public. Ms. Drotos, 53, never met the woman who gave...

SMALL BUSINESS AND MORE ON THE WEB.(Small Business Report)
June 9, 2008... Small business alerts Sign up for free custom e-mail alerts and be the first to know about the latest round of city incentives, key policy and legislative changes, and other news. Resources Get easy links to associations and government...

THE CHALLENGERS.(Business Lives)(Brief article)
June 9, 2008... As Apple prepares to debut its next phone, the field of competitors has become more crowded. Dash, available through T-Mobile, weighs in at $99.99 with rebates and has Wi-Fi capability and voice-activated dialing. Sprint's Samsung...

Calif. crane rules model for New York; Tough measures, no accidents and lower costs.(News)
June 9, 2008... Byline: Theresa Agovino Nineteen years ago, in the wake of a horrendous crane accident in San Francisco, California adopted the toughest safety regulations in the nation. Since then, buildings containing tens of millions of square feet...

Upstate booster at ESDC; Paterson's choice for development chief is savvy but risky.(News)
June 9, 2008... Byline: Erik Engquist Gov. david paterson's choice for chairman of the state's development agency has some business leaders cheering--and others scratching their heads. In a clever yet perilous move, Mr. Paterson last week named M&T Bank...

P.R. battles airline cuts; Launches effort to spur travelers, air service from New York area airports.(News)
June 9, 2008... Byline: Hilary Potkewitz A government agency in Puerto Rico is pumping about $3 million into an aggressive campaign to encourage travel to the island and spur airlines to add flights from New York's airports to San Juan. The move is an...

The Race to Succeed: Mike 2009.(Briefs)
June 9, 2008... The leak this week from Mayor Michael Bloomberg's camp about a possible attempt to extend his term exposed an internal division. Aides sometimes float stories to gauge public reaction to a controversial idea without taking ownership of it, but...

Going by new book; Growth-minded publishers turn to younger, more practical leaders.(News)
June 9, 2008... Byline: Matthew Flamm Last week, the publishing world was shaken once again. Jane Friedman, chief executive of HarperCollins Publishers Worldwide, stepped down--just two weeks after another book business veteran, Peter Olson, left the...

New York, New York.(Briefs)
June 9, 2008... Byline: edited by Valerie Block Sweetshop hits the bottle Dylan's candy bar is coming of age. The kitschy Upper East Side sweetshop expects to start serving candy-flavored martinis and other cocktails in the coming weeks--as soon as...

The Insider.(Briefs)
June 9, 2008... Byline: erik engquist and matthew sollars Getting crumbs on medical malpractice When former Gov. Eliot Spitzer convened a task force to solve the problem of soaring medical malpractice costs, hopes ran high that he could achieve a...

Hits & Misses.(Patsy an italian restaurant has been evaluated )
June 9, 2008... Byline: Lisa Goff Cooking the old-fashioned way On west 56th street, a lonely relic of midcentury Manhattan nightlife survives. It is Patsy's Italian Restaurant, founded in 1944 by Naples native Pasquale "Patsy'' Scognamillo. Since...

Picture at new, smokeless Loews looks better, but still far from clear.(In the Markets)(Brief article)
June 9, 2008... Old Gold is gone. Following in the footsteps of erstwhile Marlboro-maker Altria, Loews is spinning off its big Lorillard tobacco unit. Investors have cheered, sending the shares up 21% in the past 3 months as they focus on all the good stuff...

Yogurt shops sweet on city; But growing competition could freeze some of them out.(News)
June 9, 2008... Byline: ADRIANNE PASQUARELLI Lately, New Yorkers can't walk a few blocks without running into a frozen yogurt shop. The count has gone from the low single digits to more than 30 storefronts in the past 20 months alone. And with summer's...

CON ED READY FOR POWER SURGE.(News)
June 9, 2008... Con Ed says it is in good shape to meet energy demand this summer--and not repeat its performance in the 2006 blackout in Queens. The utility says it has enough generating capacity to handle projected peak demand of 13,775 megawatts. It had...

Rockaways to rise above blight; Taking buildings to new heights could spur economy; some fear crowding.
June 9, 2008... For decades, the Rockaway section of Queens has been the end of the line for subway riders. For almost as long, the area around the train station has looked the part. Riders exiting at the A train's final stop at Beach 116th Street are greeted...

Addicted to the iPhone; The next generation could be released this week.
June 9, 2008... Byline: adrianne pasquarelli A year ago, david hart was suffering from organization anxiety. He had just started his own line of upscale men's ties and was always on the go. As a one-man business, he had to coordinate meetings, track...

Bicycle maker outlasts rivals; Century-old Worksman excels at reinventing itself; cool in core market.(Small Business Report)(Company overview)
June 9, 2008... Byline: Wendy Davis Getting from class to class--much less from school into town--on foot can eat up a lot of time at the sprawling University of Montana campus in Missoula. These days, students and professors have a new transportation...

Java companies brew different paths to success; Upstart emphasizes marketing, while old-line firm focuses on a value proposition.(Shock Coffee )(Company overview)
June 9, 2008... Byline: Steve Garmhausen New yorkers are far better-known for drinking coffee than producing it. But two Queens companies that are located just a couple of miles apart are prospering by taking very different approaches to the business. ...

Stopping suits before they start; Good record-keeping, careful hiring can contain legal claims-- or soften the blow.(Small Business Report)
June 9, 2008... Byline: Tina Traster Legal suits are almost impossible to predict. Dennis Bosco, chief executive of Chelsea Floor Covering, found that out the hard way. His company, which lays floors in commercial buildings, was sued in 2006 by an...

Animal doc.(Business Lives)
June 9, 2008... Byline: adrianne pasquarelli The new vice president and director of health programs for the Wildlife Conservation Society, William Karesh, 53, helps ensure animals' health and safety. On the road Mr. Karesh, who has a doctorate in...

Ability to manage risks makes MetLife a buy; Big insurer snaps up two mortgage firms; eyeing European buys.(In the Markets)
June 9, 2008... Byline: Aaron Elstein As it turns out, Snoopy's favorite insurer has a surprising appetite for risk. Last week, MetLife Inc. agreed to buy the residential mortgage business of First Horizon, a Tennessee-based banking company, for an...

Corrections.(Correction notice)
June 9, 2008... The asking rent at 245 Fifth Ave. is $56 a square foot. The rent was misstated in the June 2 "Real Estate Deals'' column. LinkShare was sold for $425 million in 2005. The price was incorrect in the June 2 story "Digital glass ceiling is...

Banks act to rework mortgages; Lenders step up efforts to help homeowners; will it be enough?(News)
June 9, 2008... Byline: Daniel Massey With the number of New York City mortgages in foreclosure at its highest level in at least 15 years, lenders are intensifying their efforts to help borrowers hold on to their homes. Mortgage servicers completed...

nifty gift ideas for dad.(Business Lives)
June 9, 2008... The key is to give dad an upgrade, not an overhaul. Give him something he'll use, that's more stylish than he would buy for himself. Try Nike's new Storm Fit M-65 jacket, $395, for outdoor dad, Iomega's flask-shaped 250-gigabyte hard drive,...

From ballistics to ballet; Lincoln Center's director of security will draw on NYPD work; first woman in charge.(Business Lives)
June 9, 2008... Byline: Miriam Kreinin Souccar During her 22-year career with the New York Police Department, Susan Bick arrested a man who was driving around the Bronx late at night with a sawed-off shotgun on his lap and another gun attached to his...

Rocking children's world.(Small Business Report)(Company overview)
June 9, 2008... Every saturday morning they come, the 6-year-old boys and their fathers, to gawk at the meteorites and fossilized dinosaur eggs. "I put one in their hands and watch their eyes get big,'' says Dennis Tanjeloff, the 40-year-old president of Astro...

Law firm consolidates in midtown; Dewey LeBoeuf leases entire floor on Sixth Avenue; part of merger plan.(Real Estate)
June 9, 2008... Law firm Dewey LeBoeuf is leasing another 29,400 square feet--the entire 43rd floor--at 1301 Sixth Ave., between West 52nd and West 53rd streets, bringing its total occupancy in the building to about 300,000 square feet. Dewey LeBoeuf,...

Fast-track enterprise assistance; Program provides young owners with insight and guidance.(Small Business Report)
June 9, 2008... Byline: Laura Koss-feder Every entrepreneur can use some guidance from time to time. That time came for Sarah Endline last year, when her two-year-old candy company, Sweetriot Inc., hit a plateau. Business at the Manhattan firm was good,...

Putting our wrath where money is.(Viewpoint)(Viewpoint essay)
June 9, 2008... Byline: Alair Townsend I don't share the high dudgeon of some commentators who inveighed against MTA board members for accepting free travel passes, even though many of them are (gasp) rich and have multiple personal vehicles. Still, given...

In latest transaction, Creditex to be acquired; Intercontinental Exchange will buy broker.(News)
June 9, 2008... Byline: Aaron Elstein Creditex group inc., a leading derivatives broker based in Manhattan, agreed to be acquired by Intercontinental Exchange for $625 million in stock and cash. The deal represents a huge windfall for Creditex's...

Entrepreneurs escape; Bad times may be ahead, but hard-working owners need a break.(Small Business Report)
June 9, 2008... Byline: Tina Traster The economy is definitely slowing, but just as surely, temperatures are rising and days are lengthening--and New York's entrepreneurs are thinking about getting away. Crain's asked a group of local business owners...