Crains New York - June 17, 2013 - (Page 12)

FOR THE RECORD ABOUT THIS SECTION FOR THE RECORD is a weekly listing of information from the public record that 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. 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. ● The Grand 647 Grand St., Brooklyn The restaurant opened in Williamsburg. It has the same owners as Second Chance Saloon, a bar located on the same block. ● Old School Brooklyn 520 Court St., Brooklyn The restaurant opened in Carroll Gardens. The menu features ItalianAmerican comfort food. owed $54,000. ● Dance New Amsterdam Inc. 280 Broadway, Manhattan Filed for Chapter 11 bankruptcy protection on May 14. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. ● Il Castello Lido Restaurant Inc. 101 City Island Ave., Bronx Filed for Chapter 7 bankruptcy protection on June 3. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are TD Bank, owed $694,491.34; Lycar Advisory Services, owed $218,839.40; and White Sails Seafood, owed $110,000. ● Preserve24 175-177 E. Houston St., Manhattan The rustic American restaurant opened on the Lower East Side. It is housed within an active art installation. ● Species by the Thousands 171 S. Fourth St., Brooklyn The artisan craft brand opened its first brick-and-mortar store in Williamsburg. The shop sells apparel, jewelry and dry goods. 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. ● Quad-C Funding 130 W. 42nd St., Manhattan Filed for Chapter 11 bankruptcy protection on May 24. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. ● Sound Shore Health System Inc. 130 W. 42nd St., Manhattan Filed for Chapter 11 bankruptcy protection on May 29. The filing cites estimated liabilities of $0 to $50,000 and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are Pension Benefit Guaranty Corp., owed $9,620,000; Allscripts Healthcare, owed $6,671,180.17; and 1199 SEIU National Benefit, owed $5,504,020.55. ● The Immigrant Tap Room 341 E. Ninth St., Manhattan The beer pub opened in the East Village. It is the sister location to the Immigrant wine bar next door. ● Mark’s Bookkeeping Services 19 W. 21st St., Manhattan The bookkeeping firm has expanded and relocated in the Flatiron district. Its previous address was 40 W. 24th St. 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. ● Saint Laurent 80 Greene St., Manhattan The designer fashion label opened a location in SoHo. The flagship store is the second retail shop for the brand. The first is in the Plaza district, at 3 E. 57th St. 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. ● 434 West 154th Street Realty Inc. 434 W. 154th St., Manhattan Filed for Chapter 11 bankruptcy protection on May 28. The filing cites estimated liabilities of $0 to $50,000 and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are John Morris, owed $1,750,000; Charles Tomaselli, owed $120,000; and Leonard Lebanco, CONSTRUCTION SERVICES ● Department of Parks and Recreation Seeks competitive sealed bids by 10:30 a.m. on June 26 for site preparation including invasive-species removal and the planting of new and replacement trees in the Bronx and Queens. A prebid conference is scheduled for 11:30 a.m. on June 21 at the site. Bid documents are available for a fee of $25, payable only by company check or money order made out to the City of New York, Parks and Recreation, in the Blueprint Room, Olmsted Center, Flushing Meadows Corona Park, Queens, from 8 a.m. to 3 p.m. To make inquiries, contact Juan Alban at (718) 760-6771 or juan.alban@parks.nyc.gov. Seeks competitive sealed bids by 10:30 a.m. on July 10 for the construction of a comfort station in Leif Ericson Park, bounded by West 66th and West 67th streets and Eighth and Ninth avenues. A prebid conference is scheduled for 11:30 a.m. on June 21 at the site. Bid documents are available for a fee of $25, payable only by company check or money order made out to the City of 12 | Crain’s New York Business | June 17, 2013 New York, Parks and Recreation, in the Blueprint Room, Olmsted Center, Flushing Meadows Corona Park, Queens, from 8 a.m. to 3 p.m. To make inquiries, contact Juan Alban at (718) 760-6771 or juan.alban@parks.nyc.gov. ● Housing Authority Seeks competitive sealed bids by 10 a.m. on June 28 for replacement of rear exit doors and frames at Louis H. Pink Houses. Bid documents are available for a fee of $25, payable only by check or money order made out to the New York City Housing Authority. To make inquiries or to obtain bid documents, contact Vaughn Banks at (212) 3066727 or vaughn.banks@nycha.nyc.gov. GOODS AND SERVICES ● Department of Citywide Administrative Services Seeks competitive sealed bids by 10:30 a.m. on July 1 for electric water meters. To obtain copies of bid documents, contact Anna Wong at (212) 669-8610 or dcasdmssbids@dcas.nyc.gov. For further information, contact Ian Yap at (212) 386-0464 or iyap@dcas.nyc.gov. ● Department of Parks and Recreation Seeks competitive sealed bids by 2 p.m. on June 24 for the block pruning of trees in Queens. To make inquiries or to obtain bid documents, contact Akihiko Hirao at (212) 830-7971 or akihiko.hirao@parks.nyc.gov. Co. The asking rent was $100 per square foot. 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. 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. COMMERCIAL Wood Witt Dealy & Sons Inc. signed an expansion lease for 800 square feet at 110 W. 40th St. David Levy and Brett Maslin of Adams & Co. represented the tenant and the landlord, One Ten West Fortieth Associates. The asking rent was $48 per square foot. ● Lanier Law Firm renewed and expanded a lease for 18,000 square feet at 126 E. 56th St. The firm was represented by Ben Friedland and Silvio Petriello of CBRE Group Inc. The landlord, Pearlmark Real Estate Partners, was represented by Harry Blair and Sean Kearns of Cushman & Wakefield. The asking rent was undisclosed. ● RETAIL Flowers by Phillip signed a 10-year lease for 2,300 square feet at 1311 Lexington Ave. The florist was represented by J.P. Sutro of Lee & Associates. The landlord, Cheshire Group, was represented by Peter Braus and Peter Levitan of Lee & Associates. The asking rent was $250 per square foot. ● Four Seasons Frozen Yogurt signed a 10-year lease for 1,300 square feet at 1095 Second Ave. The shop was represented by Global Opportunities Realty. The landlord, Second Avenue Properties, was represented by Peter Braus and J.P. Sutro of Lee & Associates. The asking rent was $113 per square foot. ● Aisam Inc. signed a nine-year, 11month lease for 1,250 square feet at 463 Seventh Ave. The tenant and the landlord, the Arsenal Co., were represented by David Levy of Adams & ● BlackRock Inc. (BLK) Laurence D. Fink, chief executive, sold 52,616 shares of common stock at prices ranging from $285.00 to $286.08 on May 29, in a transaction worth $4,822,266. He now directly holds 167,804 shares. ● ● American Express Co. (AXP) Kenneth I. Chenault, chairman and chief executive, exercised options on 445,537 shares of common stock at $45.77 on May 30, in a transaction worth $20,391,338. On the same day, he sold 471,808 shares of common stock at prices ranging from $76.19 to $76.39, in a transaction worth $36,029,208. He now directly holds 851,667 shares. Edward P. Gilligan, president, exercised options on 415,648 shares of common stock at prices ranging from $16.71 to $51.87 on June 3, in a transaction worth $17,032,128. On the same day, he sold 415,646 shares of common CBS Corp. (CBS) Leslie Moonves, president and chief executive, exercised options on 250,000 shares of common stock at $13.43 between June 3 and June 4, in a transaction worth $3,357,500. During the same period, he sold 250,000 shares of common stock at prices ranging from $48.88 to $49.79, in a transaction worth $12,307,236. He now directly holds 1,902,280 shares. ● Time Warner Inc. (TWC) Jeffrey L. Bewkes, chairman and chief executive, sold 205,681 shares of common stock at $59.27 on May 29, in a transaction worth $12,190,713. He now directly holds 83,020 shares. Ⅲ DEALS ROUNDUP SELLER/TARGET REAL ESTATE DEALS stock at prices ranging from $76.01 to $76.27, in a transaction worth $14,999,519. He now directly holds 1,315,200 shares. TRANSACTION SIZE (IN MILLIONS) Warburg Pincus (Manhattan)/ Bausch & Lomb Holdings Inc. $12,022.0 BUYERS/INVESTORS TRANSACTION TYPE Valeant Pharmaceuticals International Inc. SB M&A Arlon Group (Manhattan), California Public Employees’ Retirement System, Continental Grain Co. (Manhattan)/ Smithfield Foods Inc. $7,134.0 Henan Shineway Group Co. SB M&A Huber Capital Management, The Vanguard Group Inc./CapLease Inc. $2,111.9 American Realty Capital Properties Inc. (Manhattan) SB M&A Goldman Sachs REIT, Meraas Capital/ General Motors Building $1,400.0 The Sungate Trust (40%) SB M&A General Electric Capital Corp./ General Electric Capital Corp. portfolio of 471 net lease properties $807.3 ARC Properties Operating Partnership (Manhattan) SB M&A Caisse de Depot et Placement du Quebec, Fidelity Management & Research Co., Salida Capital Corp., Van Eck Associates Corp. (Manhattan)/ Rainy River Resources Ltd. $370.3 New Gold Inc. SB M&A Ad Eundem Partners, Brentwood Venture Capital, CMEA Capital, SAP Ventures, Wall Street Technology Partners (Manhattan)/ Apriso Corp. $205.0 Dassault Systemes SA SB M&A Not disclosed/ Vincom Retail Co. $200.0 Credit Suisse AG’s investment arm Warburg Pincus (Manhattan) GCI J.C. Flowers & Co. (Manhattan)/Cabot Credit Management Group Ltd. $194.0 Encore Capital Group Inc. (50.1%) SB M&A SB M&A Not disclosed/ Hutton Hotel $73.6 Carey Watermark Investors Inc. (Manhattan) Not disclosed/ Roku Inc. $60.0 British Sky Broadcasting Group plc, Fidelity Investments, News Corp. (Manhattan), The Hearst Corp. (Manhattan) Not disclosed/ Ocean Towers Not disclosed/ Dering Hall $35.6 Proto Property Services, The Community Development Trust Inc. (Manhattan) Lerer Ventures (Manhattan), SoftBank Capital, Hearst Corp. (Manhattan) $1.4 GCI SB M&A GCI Selected deals announced for the week ended June 1 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 source: capitaliq shares of a company without the participation of a financial buyer. http://www.crainsnewyork.com/ http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord

Table of Contents for the Digital Edition of Crains New York - June 17, 2013

IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
SMALL BUSINESS
BUSINESS PEOPLE
OPINION
GREG DAVID
FOR THE RECORD
REPORT: FORTUNATE 100
THE LIST
REAL ESTATE DEALS
CLASSIFIEDS
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crains New York - June 17, 2013