Crains New York - January 7, 2013 - (Page 15)

FOR THE RECORD ABOUT THIS SECTION FOR THE RECORD is a weekly listing of information from the public record that prebid conference on Jan. 24 at 12:30 p.m., at 65 Court St., 12th floor, conference room 1201, Brooklyn. To make inquiries or obtain bid documents, contact the vendor hotline at (718) 935-2300 or vendorhotline@schools.nyc.gov. ● 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. Filed for Chapter 7 bankruptcy protection on Dec. 11. The filing cites estimated liabilities of $100,001 to $1 million and estimated assets of $0 to $10,000. The creditors with the largest unsecured claims are the New York State Department of Tax and Finance, owed $98,551.07; PG East Houston Corp., owed $43,433; and Bank of America NA, owed $33,066.27. ● signed a lease for 600 square feet at 371 Third Ave. The sandwich chain was represented by Morris Sabbagh of Kassin Sabbagh Realty. The landlord, 201 East 25, was represented by David Abrams of RKF. The asking rent was $100 per square foot. ● ● Subway worth $22,459,458. It now directly holds 200,000 shares. ● 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. ● Juliana’s 19 Old Fulton St., Brooklyn The restaurant opened in Dumbo. It serves thin-crust pizza and specialty desserts. SingleCut Beersmiths 19-33 37th St., Queens The brewery and bar opened in Astoria. It is the first microbrewery to operate in Queens since Prohibition. Willow Road 85 10th Ave., Manhattan The restaurant opened in Chelsea. It offers “gastrobar”-type food and cocktails. Economic Development Corp. Seeks public bids by 11 a.m. on Feb. 1 for the Prospect Cemetery revitalization phase-three landscape restoration. There will be a mandatory prebid meeting at 10 a.m. on Jan. 16 at Prospect Cemetery, 94-14 159th St., Jamaica, Queens. Bid documents are available via email or can be picked up at the Greater Jamaica Development Corp. office for a $50 fee, payable only by certified check. To get further information or to obtain bid documents, contact Peter J. Engelbrecht at (718) 291-0282. Housing Authority Seeks competitive sealed bids on Jan. 18, beginning at 10:55 a.m. for the maintenance painting of apartments at various locations citywide. Bid documents are available online at www.nyc.gov/html/nycha/html/business /business.shtml or at 90 Church St., sixth floor, for a $25 nonrefundable fee payable to NYCHA by money order, certified check or cash only. For further information, contact Sabrina Steverson at (212) 306-6771 or sabrina.steverson @nycha.nyc.gov. Prince Bubble Tea signed a lease for 300 square feet at 39 John St. The café will take space on the ground floor. The tenant was represented by Albert Manopla of Kassin Sabbagh Realty. The landlord, Galb Realty Associates, was represented by Charles Gengler of David M. Baldwin Realty Co. The asking rent was undisclosed. SL Green Realty Corp. (SLG) Stephen L. Green, chairman, sold 271,000 shares of common stock at prices ranging from $76.59 to $76.77 on Dec. 21, in a transaction worth $20,796,390. He now indirectly holds 28,453 shares. Marc Holliday, chief executive, sold 111,981 shares of common stock at prices ranging from $76.59 to $77.33 on Dec. 20, in a transaction worth $8,659,357. He now directly holds 350,257 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. ● ● XSRE Paramus 150 E. 58th St., Manhattan Filed for Chapter 11 bankruptcy protection on Dec. 10. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $50,001 to $100,000. The creditor with the largest unsecured claim is Kaufman Semeraro Bern Deutsch, owed $5,000. ● Nasdaq OMX Group Inc. (NDAQ) Robert Greifeld, chief executive, director and president, exercised options on 55,000 shares of common stock at $6.30 on Dec. 26, in a transaction worth $346,500. On the same day, he sold 55,000 shares of common stock at $25.17, in a transaction worth $1,384,350. He now directly holds 673,055 shares. Fortress Investment Group (FIG) Robert I. Kauffman, chairman, sold 2,082,680 shares of common stock at $3.50 on Dec. 21, in a transaction worth $7,289,380. He now indirectly holds 49,189,500 shares. ● ● 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. Ralph Lauren Corp. (RL) Lauren Family LLC sold 150,000 shares of common stock at prices ranging from $148.45 to $152.16 between Dec. 20 and Dec. 24, in a transaction 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. ● 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 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. DEALS ROUNDUP SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE CONSTRUCTION SERVICES Institute for Family Health 1824 Madison Ave., Manhattan The health care network opened a center in Harlem. The institute will offer primary care, women’s health and prenatal care, and dental care. Moscot 108 Orchard St., Manhattan The optical shop relocated on the Lower East Side. The previous address was 118 Orchard St. Sarabeth’s Kitchen 381 Park Ave. South, Manhattan The bakery and restaurant will open an eatery in the Flatiron district in February. It will be the fourth location in Manhattan. ● ● Department of Design and Construction Seeks competitive bids by 2 p.m. on Jan. 17 for roofing projects at the Douglaston and North Hills libraries in Queens. An optional prebid conference will be held Jan. 10 at 10 a.m. at the Douglaston and North Hills libraries, located at 249-01 Northern Blvd. and 57-04 Marathon Parkway, Queens. Bid documents are available for a $35 deposit, payable by company check or money order only. To get more information, contact Ben Perrone at (718) 391-2614. Department of Environmental Protection Requests proposals by 4 p.m. on Jan. 31 for a consultant to provide design services during construction for various wastewater and clean water infrastructure projects. There will be a preproposal conference on Jan. 8 at 10 a.m. at the department, 59-17 Junction Blvd., third-floor cafeteria, Flushing. For more information or to obtain bid documents, contact Jeanne Schreiber at (718) 595-3456 or jeannes@ dep.nyc.gov. Department of Parks and Recreation Seeks competitive sealed bids by 10:30 a.m. on Jan. 28 for the reconstruction of the shoreline protection and site restoration at Oakwood Beach, located at the south end of Cedar Grove Beach Place in Great Kills Park, Staten Island. 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. Department of Education Seeks public bids by 4 p.m. on Feb. 20 for a service contract for grease interceptor cleaning. There will be a Urbana Corp., T. Rowe Price & Associates Inc. Caldwell Investment Management Ltd./ NYSE Euronext Inc. $10,851.6 IntercontinentalExchange Inc. SB M&A COMMERCIAL ● ● Dr. Gary L. Ostrow of Physicians Health and Wellness signed a 16-year, 9,700-square-foot lease at 115 E. 57th St. He will take the entire 16th floor for his medical practice. The tenant was represented by Keith Ellis of Studley. The landlord, the Moinian Group, was represented by Michael Dubin and Elliot Zelinger of Savitt Partners. The asking rent was $65 per square foot. Learning Inc. signed a lease for 8,300 square feet at 450-460 Park Ave. South, between East 30th and 31st streets. The tutoring facility will take an entire floor in the 12-story building. The tenant was represented by Deborah van der Heyden and Noah Savage of Jones Lang LaSalle. The landlord, the Moinian Group, was represented inhouse by Jovani Rampersad. The asking rent was undisclosed. The Children’s Aid Society signed a nine-year lease for 3,500 square feet at 219 W. 135th St. The agency’s new facility in the five-story building spans two floors. The tenant and the landlord, New Parque Inc., were represented by Faith Hope Consolo of Douglas Elliman. The asking rent was $65 per square foot. Stone Point Capital, $3,413.4 Moore Capital Management (Manhattan), Moore Europe Capital Management, Moore Holdings (Manhattan), Ridgemont Equity Partners/ Alterra Capital Holdings Ltd. Sirios Capital $2,876.0 Management, PAR Capital Management Inc., Addison Clark Management, BAMCO Inc. (Manhattan)/ Ameristar Casinos Inc. First Reserve Corp., Trilantic Capital Management (Manhattan), Cohesive Capital Partners (Manhattan)/ TLP Energy Not disclosed/ Fieldwood Energy $655.0 Markel Corp. SB M&A Pinnacle Entertainment Inc. SB M&A ● NFR Energy SB M&A ●Fusion $625.0 Riverstone Holdings (Manhattan), Management of Fieldwood Energy Expedia Inc. (61.6%) GCI 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. ● ● ● Insight Venture Partners $613.8 (Manhattan), European Founders Fund Management GmbH, Howzat Media, Tiburon Unternehmensaufbau GmbH, Stellant Ventures, I.T. Holding GmbH & Co. Beteiligungs KG, Team Europe Ventures Ltd./Trivago GmbH JB Properties/ 110 buildings in Sacramento, St. Louis and Indianapolis $600.0 Westcore Properties, DRA Advisors (Manhattan) SB M&A 202 Umbrella Inc. 440 W. 202nd St., Manhattan Filed for Chapter 11 bankruptcy protection on Dec. 7. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $500,001 to $1 million. Payless Contracting Corp. 1284 Astor Ave., Bronx Filed for Chapter 11 bankruptcy protection on Dec. 7. The filing cites estimated liabilities of $500,001 to $1 million and estimated assets of $500,001 to $1 million. Rooftop Management 160 W. 97th St., Manhattan RETAIL ● ● GOODS AND SERVICES ● ● CVS Pharmacy signed a 25-year lease for 14,300 square feet at 454 W. 54th St. The pharmacy will take space below a condominium development. The tenant was represented by Ross Kaplan, Jason Pruger and Trever Gallina of Newmark Grubb Knight Frank. The landlords, Alchemy Properties and Jamestown Properties, were represented by Robert Gibson of Cushman & Wakefield. The asking rent was $95 per square foot. Agman Louisiana Inc., $321.1 Knott Partners (Manhattan), Dorset Management Corp., Lazard Capital Markets asset management arm (Manhattan) Teachers Insurance and $200.0 Annuity Association College Retirement Equities Fund (Manhattan)/Four Oaks Place EQT Partners AB FB M&A Allianz Real Estate of America (49%) (Manhattan) SB M&A Selected deals announced for the week ended Dec. 16 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 January 7, 2013 | Crain’s New York Business | 15 http://www.nyc.gov/html/nycha/html/business/business.shtml http://www.nyc.gov/html/nycha/html/business/business.shtml http://nycha.nyc.gov http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.crainsnewyork.com/submitadeal

Table of Contents for the Digital Edition of Crains New York - January 7, 2013

IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
SMALL BUSINESS
BUSINESS PEOPLE
OPINION
REPORT: ECONOMIC OUTLOOK
GREG DAVID
FOR THE RECORD
REAL ESTATE DEALS
CLASSIFIEDS
NEW YORK, NEW YORK
SOURCE BREAKFAST
OUT AND ABOUT
SNAPS

Crains New York - January 7, 2013