Crain's New York - May 20, 2013 - (Page 1)

CRAIN’S NEW YORK BUSINESS VOL. XXIX, NO. 20 ® REPORT REAL ESTATE Partnering on big deals pays off in a big way PAGE 13 WWW.CRAINSNEWYORK.COM MAY 20-26, 2013 PRICE: $3.00 Wyckoff Heights engineers comeback In 17-month drama, CEO leads Brooklyn hospital from $17M hole to $2M profit BY BARBARA BENSON On Christmas weekend of 2011, the board of trustees at Wyckoff Heights Medical Center fired its chief executive and replaced him with a former parole-board chairman as part of a bold plan to avoid a forced merger with two local hospitals. Since the end of that year, when the Brooklyn-based hospital lost $16.7 million, Wyckoff has not lacked for drama. The new CEO, Ramon Rodriguez, See WYCKOFF on Page 24 At Girl Scouts’ HQ, the cookies are crumbling Who’s ahead? Do the math The mayoral race is now a numbers game of money, polls, votes New leadership makes waves as pension debt forces change NEWSPAPER The Girl Scouts of the USA store at its Fifth Avenue headquarters offers a book series carrying the tagline, “It’s your world—change it! A Leadership Journey.”Their colorful covers beckon with titles like An Agent of Change, which promises advice on becoming a great leader, and Amaze: The Twists and Turns of Getting Along. Maybe the books should be required reading for Girl Scouts executives. The leadership at the 101year-old organization faces a pile-on of challenges that include steadily declining membership, an enormous pension deficit and infighting at some local offices. The turmoil sparked a group of young Scout staffers around the country to launch -20% DROP IN GIRL SCOUTS MEMBERSHIP in the past 10 years an organization last month called The Future Is Ours that’s publicly pressuring for change. Yet the executive brought in at the end of 2011 to transform the Girl Scouts has earned mixed reviews.Last month, the Advertising Women of New York honored Girl Scouts CEO Anna Maria Chávez for revitalizing the iconic organization. By contrast, a See GIRL SCOUT on Page 24 BY ANDREW J. HAWKINS buck ennis BY THERESA AGOVINO With the mayoral primary a little more than 100 days away, the Democratic candidates are crunching the numbers that they’ll need to get to City Hall: money, poll support and, of course, votes.Time is also a key factor, as most candidates are trying to extend the contest while one is eager to run out See MATH on Page 21 http://WWW.CRAINSNEWYORK.COM

Table of Contents for the Digital Edition of Crain's New York - May 20, 2013

Crain's New York - May 20, 2013