Crains New York - June 11, 2012 - (Page 22)

FOR THE RECORD ABOUT THIS SECTION FOR THE RECORD is a weekly listing of information from the public record that Water St., ground floor. Payment must be made via certified check or money order only, payable to the New York City Department of Transportation. To make inquiries, contact Elaine Botti at (212) 788-3507 or elaine.botti@ nychhc.org. ● $90 per square foot. ● can help businesspeople in the New York area find opportunities, potential new clients and updates on competitors. To ask questions or get more information on this section, contact Suzanne Panara at SPanara@crainsnewyork.com. BANKRUPTCIES The following listings are selected from the most recent available filings by companies seeking bankruptcy protection in the Southern and Eastern Districts of New York. Information was obtained from U.S. Bankruptcy Court records available on Public Access to Court Electronic Records. Listings are in alphabetical order. ● CONSTRUCTION SERVICES ● 10-16 Manhattan Avenue 825 Third Ave., Manhattan Filed for Chapter 11 bankruptcy protection on May 24. The filing cites estimated liabilities of $100,000,001 to $500 million and estimated assets of $1,000,001 to $10 million. Among the creditors with the largest unsecured claims are DG UWS, owed $110,804,388.40; AON Risk Services Inc. of NY, owed $7,776.99; and G. Bauer Inc., owed $1,409.94. 205 East 45th 205 E. 45th St., Manhattan Filed for Chapter 11 bankruptcy protection on May 21. The filing cites estimated liabilities of $100,000,001 to $500 million and estimated assets of $50,000,001 to $100 million. Apollo Imaging Management 40-36 74th St., Elmhurst, Queens Filed for Chapter 11 bankruptcy protection on May 22. The filing cites estimated liabilities of $50,001 to $100,000 and estimated assets of $0 to $50,000. Brooklyn Pastry Shop 384 Fifth Ave., Brooklyn Filed for Chapter 7 bankruptcy protection on May 29. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $0 to $50,000. Dewey & LeBoeuf 1301 Sixth Ave., Manhattan Filed for Chapter 11 bankruptcy protection on May 28. The filing cites estimated liabilities of $100,000,001 to $500 million and estimated assets of $100,000,001 to $500 million. Among the creditors with the largest unsecured claims are Pension Benefit Guaranty Corp., owed $80,000,000; 1301 Properties Owner, owed $3,778,350; and Thomson Reuters, owed $2,362,869. Guider Avenue 553 Lincoln Ave., Staten Island Filed for Chapter 11 bankruptcy protection on May 30. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. The creditor with the largest unsecured claim is Robert Scarano, owed $100,000. Department of Design and Construction Seeks competitive sealed bids by 11 a.m. on June 21 for reconstruction of Select Bus Service features at Nostrand Avenue, phase two, in Brooklyn. Bid documents can be downloaded at www.nyc.gov/buildnyc, or printed copies are available at 30-30 Thomson Ave. in Long Island City, Queens, for a $35 deposit. Deposits must be made via company check, certified check or money order. For more information, contact Lorraine Holley at (718) 391-2601. Department of Design and Construction Seeks competitive sealed bids by 2 p.m. on June 26 for the renovation of the roof canopy and theater at the Brooklyn Children’s Museum. There is an optional pre-bid walk-through on June 15 at 10 a.m. at the museum, 145 Brooklyn Ave. Bid documents are $35, payable by check or money order only. The bid documents are available at www.nyc.gov/buildnyc. To make inquiries, contact Ben Perrone at (718) 391-2200. Department of Parks and Recreation Seeks competitive sealed bids by 10:30 a.m. on July 5 for the installation of park security lighting in Harry Maze Memorial Park on Avenue D, between East 56th Street and East 57th Street, in Brooklyn. Bid documents are available for $25 in the blueprint room, Olmsted Center, Room 64, Flushing Meadows Corona Park, Queens, from 8 a.m. to 3 p.m. The fee is payable by company check or money order to the City of New York, Parks and Recreation. To make inquiries, contact Juan Alban at (718) 760-6771 or juan.alban@parks.nyc.gov. School Construction Authority Seeks competitive sealed bids by 11 a.m. on June 19 for the upgrade of the firealarm system and elevators at P.S. 36 in Manhattan. Bid documents are $100, payable by certified check or money order only. Checks should be made payable to the New York City School Construction Authority. To make inquiries, contact Rookmin Singh at (718) 752-5843 or rsingh@nycsca.org. Department of Citywide Administrative Services Seeks competitive sealed bids by 10:30 a.m. on June 29 for the provision of Cambro brand-specific cafeteria equipment. Bid documents may be downloaded for free at the City Record Online site, http://a856-internet.nyc .gov/nycvendoronline/home.asp, or vendors may request the bid by emailing vendor relations at dcasdmssbids@ dcas.nyc.gov, calling (212) 669-8610 or faxing (212) 669-7603. To make inquiries, contact Masha Rudina at (212) 669-4098 or mrudina@ dcas.nyc.gov. Department of Transportation Requests proposals by 2 p.m. on June 20 for advertising and media services worldwide. The bid document can be downloaded for free at City Record Online, and printed copies can be purchased for $50 at the NYC DOT Office of the Agency Chief Contracting Officer, Contract Management Unit, 55 Health and Hospitals Corp. Requests proposals by 4 p.m. on June 29 for recruitment services. To make inquiries or to obtain copies of the request for proposals, contact Kathleen Nolan at (212) 908-8730 or email nolank@nychhc.org. Housing Authority Seeks competitive sealed bids by 10 a.m. on June 22 for oil-spill cleanup and hazardous waste removal services. The bid documents may be obtained from the NYCHA website at www.nyc.gov/ nychabusiness. Paper copies of the bid can also be obtained for $25 at the NYCHA Finance Dept., 90 Church St., Manhattan. The fee is payable by check or money order only, payable to NYCHA. To make inquiries, contact Sabrina Steverson at (212) 306-6771 or sabrina.steverson@nycha.nyc.gov. Office of the Chief Medical Examiner Seeks competitive sealed bids by noon on July 5 for provision of steam-station preventive maintenance service. To make inquiries or to obtain bid documents, contact Miriam Acevedo at (212) 323-1739 or miacevedo@ ocme.nyc.gov. Light Ming Trading Inc. signed a fiveyear lease for 8,000 square feet at 503 Johnson Ave., in Bushwick, Brooklyn. The tenant was represented by Kalmon Dolgin Affiliates, while the owner, AR Loft, was represented by Kalmon Dolgin Affiliates’ Linda Wong. The asking rent was $14 per square foot. shares of common stock at $37.36 on May 29, in a transaction worth $934,000. On the same day, he sold 25,000 shares of common stock at prices ranging from $171.52 to $173.21, in a transaction worth $4,311,462. He now directly holds 177,692 shares. ● STOCK TRANSACTIONS Following are recent insider transactions at New York’s largest publicly held companies filed with the Securities and Exchange Commission by executives and major shareholders. Listings are in order of transaction value. The information was obtained from Thomson Reuters. ● ● Sirius XM Radio (SIRI) Mel Karmazin, chief executive and director, exercised options on 13,700,000 shares of common stock at $0.43 between May 15 and May 16, in a transaction worth $5,891,000. During the same period, he sold 13,700,000 shares of common stock at prices ranging from $1.98 to $1.99, in a transaction worth $27,158,304. He now directly holds 8,823,950 shares. Nasdaq OMX Group Inc. (NDAQ) Investor AB purchased 440,000 shares of common stock at prices ranging from $21.71 to $23.53 between May 14 and May 23, in a transaction worth $10,107,258. It now indirectly holds 19,394,100 shares. CBS Corp. (CBS) Leslie Moonves, president, chief executive and director, exercised options on 216,763 shares of common stock at $5.20 on May 15, in a transaction worth $1,127,168. On the same day, he sold 216,763 shares of common stock at $31.89, in a transaction worth $6,913,548. He now directly holds 2,064,010 shares. ● BlackRock Inc. (BLK) Barclays Bank sold 35,210,031 shares of common stock at prices ranging from $156.80 to $166.30 between May 22 and May 23, in a transaction worth $158,412,096. James Grosfeld, independent director, purchased 50,000 shares of common stock at $160 on May 23, in a transaction worth $8 million. He now directly holds 204,208 shares. J. Richard Kushel, senior managing director and head of international business, exercised options on 25,000 ● ● ● ● REAL ESTATE DEALS ● DEALS ROUNDUP SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE ● Companies that would like to have details of their recent transactions appear in these listings should email descriptions following this format to ELaermer@ crainsnewyork.com, with “Real estate transaction” in the subject line, or enter them online at crainsnewyork.com/ submitadeal. Deals are listed in order of square footage. General Atlantic, Soros $5,600.0 Fund Management (Manhattan), Orascom Construction Industries Co., Ospraie Advisors (Manhattan), The Gavilon Group/Gavilon Not disclosed/Interline Brands Inc. $1,090.1 Marubeni Corp. SB M&A ● COMMERCIAL ● ● ● Lankler Siffert & Wohl signed a lease to expand its space at 500 Fifth Ave. to 27,900 square feet. The law firm will occupy space on the 33rd, 34th and 35th floors. The tenant was represented by Newmark Grubb Knight Frank’s William Cohen and Ryan Kass. The owner, 500 Fifth Ave. Inc., was represented by Cushman & Wakefield Inc.’s Harry Blair and Sean Kearns. The average asking rent for the three floors was $69 per square foot. Peter Freeman Inc. signed a 10-year lease for 10,900 square feet at 140 Grand St. The gallery will occupy space on the ground and lower levels. PBS Real Estate’s John Brod represented the tenant. The landlord, Melebar Holding Co., was represented by Robert Neborak, also of PBS Real Estate. The asking rent was $100 per square foot. Tory Burch signed a lease for 80,000 square feet at 350 Hudson St. The fashion designer will occupy space on the fifth and sixth floors. The tenant was represented by Cushman & Wakefield Inc.’s Jamie Katcher and Don Preate. The owner, Trinity Real Estate, was represented in-house by Charles Laginestra and Marc Packman. The average asking rent in the building is $53 per square foot. Herman Miller signed a three-month lease for a 13,500-square-foot pop-up show at 64-68 Wooster St. The tenant was represented by Isaacs & Co.’s Marc Simon. The owner, Zar Property, was represented in-house by David Zar. The average asking rent in the building is Goldman Sachs Group merchant banking division (Manhattan), P2 Capital Partners (Manhattan), management of Interline Brands Inc. Verizon Enterprise Solutions Group FB M&A ● Apollo Global Management $694.7 (Manhattan), Weintraub Capital Management, Wellington Management Co., PAR Capital Management, Public Employee Retirement System of Idaho, Ascend Capital, Asphalt Green, SEI Investment Management Corp., City of Milford Pension & Retirement Fund, Starpoint Capital, Hartz Capital Inc., Wellington Hedge Management, Ward Capital /Hughes Telematics Inc. Lloyd’s Banking Group /Lloyd’s Banking Group Australian portfolio of distressed property loans Not disclosed/JPMorgan Chase Bank (China) Co. Essex Investment Management Co., Renaissance Technologies Corp. (Manhattan), Wellington Trust Co. /LeCroy Corp. Wellington Management Co., Mendon Capital Advisors Corp., Jacobs Asset Management (Manhattan), Beacon Federal ESOP/Beacon Federal Bancorp Inc. Consolidated Media Holdings, Tiger Global Management (Manhattan) /Brasil Online Holdings Coöperatief U.A. $618.9 SB M&A GOODS AND SERVICES ● Morgan Stanley Real Estate Fund Inc. (Manhattan), Blackstone Real Estate Advisors (Manhattan) JPMorgan Chase & Co. (Manhattan) Teledyne Technologies Inc. SB M&A $393.9 $297.5 GCI SB M&A ● RETAIL ● $126.2 Berkshire Hills Bancorp Inc. SB M&A GOVERNMENT CONTRACT OPPORTUNITIES Following are selected contract opportunities recently announced by New York City agencies. To learn how to sell goods and services to city government, visit www.nyc.gov/selltonyc. For a searchable database of current procurement notices, visit www.nyc.gov/cityrecord. Listings are alphabetical by category and department. $78.8 SEEK Ltd. (21%) SB M&A ● ● Selected deals announced for the week ended June 2 involving companies in metro New York. FB M&A: Financial buyer M&A represents a minority or majority acquisition of existing shares of a company with the participation of a financial buyer. GCI: Growth capital investment represents new money invested in a company for a minority stake. SB M&A: Strategic buyer M&A represents a minority or majority acquisition of existing shares of a company without the participation of a financial buyer. source: capitaliq 22 | Crain’s New York Business | June 11, 2012 http://www.nyc.gov/buildnyc http://www.nyc.gov/nychabusiness http://www.nyc.gov/nychabusiness http://www.nyc.gov/buildnyc http://www.crainsnewyork.com/submitadeal http://www.crainsnewyork.com/submitadeal http://a856-internet.nyc.gov/nycvendoronline/home.asp http://a856-internet.nyc.gov/nycvendoronline/home.asp http://www.nyc.gov/selltonyc.For http://www.nyc.gov/cityrecord

Table of Contents for the Digital Edition of Crains New York - June 11, 2012

Crains New York - June 11, 2012
Table of Contents
Local hospitals suffer growing pains
Meet two of the busiest property buyers in town
Sin City: Pot, pop and ponies, by the numbers
New York, New York
Brooklyn Heights morphs into retail hot spot
The Insider
Real Estate Deals
Viewpoint
Greg David: Why city’s med centers must merge or die
Small Business
Plus: NY’s top hospitals list
Classifieds
For the Record
Tourists’ ticket to exclusive events
How to overcome the tech talent shortage
Executive Moves
Dewey partner down but not out
Hot and spicy at Singapura
The Weekahead

Crains New York - June 11, 2012