Crains New York - July 23, 2012 - (Page 19)

FOR THE RECORD ABOUT THIS SECTION FOR THE RECORD is a weekly listing of information from the public record that for construction management of Jamaica Bay bending weirs. The project seeks to reduce combined sewer overflow discharge into the Bergen and Thurston basins. There will be a preproposal conference on July 27 at 10 a.m. at the Department of Environmental Protection at 59-17 Junction Blvd. in Flushing, Queens. Attendance at the preproposal conference is not mandatory but recommended. For more information, contact Jeanne Schreiber at (718) 595-3456 or jeannes@dep.nyc.gov. tenant was represented by Cogent Realty Advisors’ Mitchell Waldman. The landlord, Braun Management, was represented in-house by Mendy Braun. The asking rent was $32 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 Crain’s research department at cnyb-research@crainsnewyork.com. protection on July 10. The filing cites estimated liabilities of $500,001 to $1 million and estimated assets of $0 to $50,000. Among the creditors with the largest unsecured claims are Verizon, owed $1,493.20, and Poland Spring, owed $149. ● ● NEW IN TOWN Companies that would like to have details of openings published should submit descriptions following this format to ELaermer@crainsnewyork.com, with “New in Town” in the subject line. iCrave 115 Court St., Brooklyn The frozen-yogurt store opened in Brooklyn Heights. It features 21 flavors of self-serve yogurt. Offsite 52 W. 39th St., Manhattan The private meeting and event space opened in midtown. It offers three stories of event venues and corporate meeting space. Ovenly 31 Greenpoint Ave., Brooklyn The bakery company opened a storefront in Greenpoint. It serves sweets, baked goods and Stumptown coffee. Superga 78 Crosby St., Manhattan The Italian sneaker brand opened a shop in SoHo. It is the company’s first store in the U.S. GOODS AND SERVICES ● ● Nayci Contracting Associates 1479 Fulton St., Brooklyn Filed for Chapter 7 bankruptcy protection on July 6. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $0 to $50,000. Among the creditors with the largest unsecured claims are Francis E. Eldridge, owed $40,000; Cross Check Inc., owed $5,507.75; and Con Edison, owed $3,000. N.F.K.A Corp. 1 Hudson St., Manhattan Filed for Chapter 11 bankruptcy protection on July 3. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $0 to $50,000. Among the creditors with the largest unsecured claims are Headley, owed $90,359.95; Lipsky Goodkin & Co., owed $35,000; and London Meat Co., owed $13,000. Stuzzicheria Inc. 305 Church St., Manhattan Filed for Chapter 11 bankruptcy protection on July 11. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $0 to $50,000. Among the creditors with the largest unsecured claims are the New York State Department of Tax and Finance, owed $18,500; Teitel Brothers, owed $17,901.21; and the New York City Department of Consumer Affairs, owed $7,665.15. Transcontinental Medical Management Corp. 157A Huron St., Brooklyn Filed for Chapter 7 bankruptcy protection on July 5. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $0 to $50,000. The creditor with the largest unsecured claim is JPMorgan Chase Bank North America, owed $250,000. ● Department of Health and Mental Hygiene Requests proposals by 2 p.m. on Aug. 31 for nonprofit organizations to provide permanent supportive housing in New York City to very-low-income persons living with HIV/AIDS. The request for proposals can be obtained at 42-09 28th St. in Long Island City, Queens. A preproposal conference will be held July 30 at 10 a.m. at the same location. To attend the preproposal conference, email hopwapermanentrfp@health.nyc.gov with “Attendee” in the subject line. For more information, contact Christophe Hunt at (347) 396-6636 or hopwapermanentrfp@health.nyc.gov. Health and Hospitals Corp. Seeks competitive sealed bids by 2 p.m. on Aug. 3 for a custom horizontal wardrobe. For more information, contact Pedro Irizarry at (718) 317-3375 or pedro.irizzary@seaviewsi.nychhc.org. Office of the Comptroller Requests information by Aug. 6 to identify qualified firms and highlight existing or potential independenceimpairing work in advance of the issuance of an official audit request for proposals by the city. A written response is strongly encouraged from any firm that intends to submit a proposal to the future audit request for proposals, to be released on or about November 2013. The official request for proposals can be accessed at www.comptroller.nyc.gov/ bureaus/acc/rfps.shtm. For more information, contact Maria Nicola Castiglione at (212) 669-8211 or mnicola@comptroller.nyc.gov. Ariel Investments signed a lease for 6,500 square feet at 340 Madison Ave. The investment management firm will occupy space on the 18th floor. The tenant was represented by Jones Lang LaSalle’s Shawna Menifee. The landlord, RXR Realty, was represented by CBRE Group Inc.’s James Ackerson, Paul Amrich, Christie Harle, Howard Fiddle and Craig Reicher. Asking rents for the building range from the upper $60s to lower $70s per square foot. Moda Operandi signed a 10-year lease for 24,900 square feet at 315 Hudson St. The online retailer will occupy space on the fifth floor. The tenant was represented by Cushman & Wakefield Inc.’s Owen Hane. The landlord, Jack Resnick & Sons, was represented inhouse by Brett Greenberg. The asking rent was in the $40s per square foot. between June 22 and June 29, in a transaction worth $2,416,124. The company also sold 388,982 shares of common stock at prices ranging from $9.92 to $9.98 between July 3 and July 6, in a transaction worth $3,870,469. It now directly holds 15,133,200 shares. ● MSC Industrial Direct Co. (MSM) Mitchell Jacobson, chairman, sold 42,320 shares of common stock at prices ranging from $65.27 to $66.03 between June 29 and July 3, in a transaction worth $2,767,124. He now indirectly holds 189,056 shares. American Express Co. (AXP) Douglas Buckminster, president of international consumer and global network services, sold 44,557 shares of common stock at $54.72 on June 14, in a transaction worth $2,438,137. He now directly holds 56,118 shares. Ralph Lauren Corp. (RL) Ralph Lauren, chairman and chief executive, exercised options on 12,500 shares of common stock at $25.33 on June 20, in a transaction worth $316,563. On the same day, he sold 12,500 shares of common stock at prices ranging from $146.80 to $147.12, in a transaction worth $1,838,328. He now directly holds 593,902 shares. Colgate-Palmolive Co. (CL) Franck J. Moison, chief operating officer of emerging markets, exercised options on 12,666 shares of common stock at prices ranging from $53.06 to $60.68 on June 15, in a transaction worth $743,159. On the same day, he sold 12,666 shares of common stock at $101.76, in a transaction worth $1,288,892. He now directly holds 100,958 shares. ● RETAIL ● ● 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. ● ● ● BlackRock Kelso Capital Corp. (BKCC) Virginia Retirement System sold 249,484 shares of common stock at prices ranging from $9.61 to $9.73 COMPANY MOVES Companies that would like to have details of recent moves published should submit descriptions following this format to ELaermer@crainsnewyork.com, with “Company Moves” in the subject line. ● DEALS ROUNDUP SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE Acne Studios 33 Greene St., Manhattan The Swedish fashion and design brand relocated to a storefront in SoHo. It is the company’s first U.S. flagship store. FirstMark Capital 100 Fifth Ave., Manhattan The private equity company has relocated to the Union Square area. It was previously located at 120 W. 45th St. Second Time Around 70-49 Austin St., Queens The upscale consignment shop opened a new store in Forest Hills. This is the chain’s sixth store in New York and its first outside Manhattan. Whisk 933 Broadway, Manhattan The kitchen supply store has opened a second location in the Flatiron district. The original location is in Williamsburg, Brooklyn. BAMCO Inc. (Manhattan) Capital World Investors/ Amerigroup Corp. $5,206.8 WellPoint Inc. SB M&A ● REAL ESTATE DEALS Companies that would like to have details of their recent transactions appear in these listings should email descriptions following this format to IThomas@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. ● Goldman Sachs Group $4,128.5 Merchant Banking Division (Manhattan), Onex Corp./ Hawker Beechcraft Acquisition Co. Not disclosed/ Caiman Energy $800.0 Superior Aviation Beijing Co. SB M&A Williams Partners, Highstar Capital (Manhattan), EnCap Flatrock Midstream, management of Caiman Energy Thomson Reuters Corp. (Manhattan) GCI ● 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. COMMERCIAL ● ● CONSTRUCTION SERVICES ● Yext Inc. signed a seven-year lease for 36,900 square feet at 1 Madison Ave. The Internet business services company will occupy space on the building’s fifth floor. The tenant was represented by Newmark Grubb Knight Frank’s Neal Goldmacher and John Moran. The landlord, SL Green Realty Corp., was represented in-house by Ashley Gee. The asking rent was in the $50s per square foot. Third Point signed a lease renewal and expansion for 32,000 square feet at 390 Park Ave. The hedge fund will occupy space on the 18th and 19th floors. The tenant was represented by Jones Lang LaSalle’s Alex Chudnoff. The landlord, RFR Realty, represented itself in-house. The asking rent was $140 per square foot. Yerman & Associates signed a lease for 15,000 square feet at 225 Broadway. The law firm will be relocating from its current space at 401 Broadway. The Technology Crossover $679.4 Ventures, LabMorgan Corp., Westpac Banking investment arm (Manhattan), Bank of New York Mellon Corp.’s private banking and securities investments (Manhattan)/ FX Alliance Inc. Blackstone Real Estate $495.0 Advisors (Manhattan)/ Hilton Boston; Westin Washington, D.C., City Center; Westin San Diego; and Hilton Burlington, Vt. Tailwind Capital $300.0 (Manhattan), Black Canyon Capital/Archway Marketing Services Inc. Embassy Property Developments Ltd./ portfolio of tenanted office space Not disclosed/China Auto Rental Holdings Inc. Regis Corp./HC (USA) Inc. Pfizer Inc. (Manhattan)/ Pfizer Inc., VS-6063 $230.0 SB M&A Diamondrock Hospitality Co. SB M&A Investcorp Bank BSC SB M&A 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. ● Department of Design and Construction Seeks competitive sealed bids by 2 p.m. on Aug. 22 for SculptureCenter renovations in Queens. There will be a mandatory prebid conference on Aug. 7 at 10 a.m. at the SculptureCenter, located at 44-19 Purves St. in Long Island City, Queens. Bid documents are available at www.nyc.gov/ddc and require a $35 deposit. For more information, contact Ben Perrone at (718) 391-2614. Department of Environmental Protection Requests proposals by 4 p.m on Aug. 24 ● Blackstone Real Estate Advisors (Manhattan) (36%) SB M&A $200.0 Warburg Pincus (Manhattan) GCI $163.5 $130.4 Aderans America Holdings Inc. (Manhattan) Verastem Inc. SB M&A SB M&A ● Alvona 100 Maiden Lane, Manhattan Filed for Chapter 11 bankruptcy ● Selected deals announced for the week ended July 14 involving companies in metro New York. 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 July 23, 2012 | Crain’s New York Business | 19 http://www.comptroller.nyc.gov/bureaus/acc/rfps.shtm http://www.comptroller.nyc.gov/bureaus/acc/rfps.shtm http://www.crainsnewyork.com/submitadeal http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.nyc.gov/ddc

Table of Contents for the Digital Edition of Crains New York - July 23, 2012

Crains New York - July 23, 2012
Contents
In the Boroughs
In the Markets
The Insider
Business People
Small Business
Opinion
From Around the City
Report: Real Estate
Real Estate Deals
For the Record
Classifieds
New York, New York
Source Lunch
Out and About

Crains New York - July 23, 2012