Crains New York - July 8, 2013 - (Page 23)

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. ● Adblade 236 W. 30th St., Manhattan The content-style advertising platform opened a flagship office in midtown. The firm is headquartered in Somerville, N.J. ● East Wick 112 Graham Ave., Brooklyn The restaurant and bar opened in Bushwick. The eatery serves modern American cuisine and has a full bar. ● The Fourth 132 Fourth Ave., Manhattan The restaurant opened in Union Square. The menu and atmosphere are American takes on a classic European brasserie. ● Roogla 180 Smith St., Brooklyn The coffee shop opened in Boerum Hill. It serves Intelligensia coffee and baked goods from Laurentino’s Pasticceria. ● Howedo Inc. 10830 Liverpool St., Queens Filed for Chapter 11 bankruptcy protection on June 3. The filing cites estimated liabilities of $0 to $50,000 and estimated assets of $100,001 to $500,000. The creditors with the largest unsecured claims are Home Depot/Citi, owed $19,198, and Fulton City Tax, owed $13,732. Sun Studios Inc. 333 Fourth St., Brooklyn Filed for Chapter 11 bankruptcy protection on June 3. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $500,001 to $1 million. The creditors with the largest unsecured claims are 628 Broadway, owed $320,509.69; NEO Studios, owed $18,121.05; and Digital Photo, owed $15.922.50. ● XIO Restaurant Corp. 150 E. 34th St., Manhattan Filed for Chapter 11 bankruptcy protection on June 6. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $100,001 to $500,000. The creditors with the largest unsecured claims are American Express, owed $21,342.20; Metrostar, owed $8,100; and Eisner Food Co., owed $7,800. GOVERNMENT CONTRACT OPPORTUNITIES City National Bank 1140 Sixth Ave., Manhattan The financial services company opened in Times Square. It is the fourth New York City location for the bank. ● CONSTRUCTION SERVICES Xi’an Famous Foods 24 W. 45th St., Manhattan The western Chinese food chain opened a location in Times Square. It is the fifth New York City store for the company. 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 11 a.m. on July 18 for the reconstruction of the retaining wall west of Cannon Place in the Bronx. Bid documents are available for a deposit of $35, payable only by company check or money order made out to the department, and can be downloaded at www.nyc.gov/buildnyc. For further information, contact Ben Perrone at (718) 391-2200. ● Citicare Inc. 154 W. 127th St., Manhattan Filed for Chapter 11 bankruptcy protection on June 9. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $500,001 to $1 million. The creditors with the largest unsecured claims are New York State Department of Health, owed $684,163.69; Upper Manhattan Empowerment, owed $79,224.66; and Elsa Neilan, owed $11,050. Department of Parks and Recreation Seeks competitive sealed bids by 10:30 a.m. on July 16 for reconstruction of the net fencing at the Douglaston Park golf course on Commonwealth Boulevard, between the Grand Central Parkway and 246th Street in Queens. Bid documents are available for a fee of $25, payable only by company check or money order made out to City of New York Parks and Recreation, at the blueprint room, Olmsted Center, room 64, Flushing Meadows Corona Park, Queens, from 8 a.m. to 3 p.m. To make inquiries or to obtain bid documents, contact Juan Alban at (718) 760-6771 or juan.alban@parks.nyc.gov. ● GOODS AND SERVICES ● El Tequilazo Corp. 43 W. 46th St., Manhattan Filed for Chapter 11 bankruptcy protection on June 5. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $0 to $50,000. Department of Parks and Recreation Seeks competitive sealed proposals by 3 p.m. on July 23 for the installation, operation, and management of a specialty food market at Worth Square, at the intersection of Broadway, Fifth Avenue, West 24th Street and West 25th Street in Manhattan. A recommended proposer meeting will take place at 11 a.m. on July 9 at the site. To make inquiries or to obtain bid documents, contact Alexander Han at (212) 360-1397 or alexander.han@ parks.nyc.gov. 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. Health and Hospitals Corp. Requests proposals by 5 p.m. on July 15 for biomedical middleware software and services. To make inquiries or to obtain bid documents, contact Yolanda Thompson at (646) 458-3721 or yolanda.thompson@nychhc.org. ● Office of Management and Budget Requests proposals by 3 p.m. on July 30 for finance, accounting and auditing consulting services. To make inquiries or to obtain bid documents, contact Michelle Rolon at (212) 788-5821 or contracts@omb.nyc.gov. 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 NDholakia@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. ● American Express Co. (AXP) Douglas E. Buckminster, president, international consumer and global network services, exercised options on 67,973 shares of common stock at prices ranging from $43.98 to $45.77 on June 5, in a transaction worth $3,044,492. On the same day, he sold 91,160 shares of common stock at $74.96, in a transaction worth $6,833,089. He now directly holds 66,299 shares. $25.36 to $25.46, in a transaction worth $4,253,480. He now directly holds 106,068 shares. ● Bristol-Myers Squibb Co. (BMY) Lamberto Andreotti, chief executive and director, sold 100,000 shares of common stock at $47.74 on June 4, in a transaction worth $4,774,000. He now directly holds 478,562 shares. Beatrice Cazala, executive vice president of commercial operations, sold 91,282 shares of common stock at $47 on May 31, in a transaction worth $4,290,254. She now directly holds 177,118 shares. ● Jarden Corp. (JAH) Martin E. Franklin, founder and executive chairman, sold 100,002 shares of common stock at $45.91 on June 3, in a transaction worth $4,591,092. He now directly holds 4,580,380 shares. ● PVH Corp. (PVH) Fred Gehring, chief executive, sold 81,808 shares of common stock at prices ranging from $112.39 to $114.53 between June 3 and June 4, in a transaction worth $9,254,296. He now indirectly holds 231,388 shares. ● ● ABM Industries Inc. (ABM) James P. McClure, executive vice president and president of ABM Janitorial Services, exercised options on 167,117 shares of common stock at prices ranging from $18.30 to $19.48 between June 4 and June 5, in a transaction worth $3,095,632. During the same period, he sold 167,117 shares of common stock at prices ranging from Tiffany & Co. (TIF) James N. Fernandez, chief operating officer and executive vice president, exercised options on 46,500 shares of common stock at prices ranging from $23.00 to $37.65 on June 4, in a transaction worth $1,435,625. On the same day, he sold 46,500 shares of common stock at $79.04, in a transaction worth $3,675,286. He now indirectly holds 63,976 shares. Ⅲ DEALS ROUNDUP COMMERCIAL 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. ● ● Big Smoke Burger signed a lease for 2,400 square feet at 70 Seventh Ave. The Toronto-based burger-and-sandwich chain will open its first New York City outpost. The tenant was represented by Ross Berkowitz of RKF. The landlord, Group 868 Inc., was represented by Alexander Hill and Jonathan Banayan of Winick Realty Group. The asking rent was undisclosed. ● ● ● 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. Opportunity to Excel and Succeed). To make inquiries or to obtain bid documents, contact Eileen ParfreySmith at (212) 232-0656 or acco@probation.nyc.gov. ● Department of Probation Requests proposals by 2 p.m. on July 19 for up to two qualified vendors to provide the after-school life-readiness component (Be Ready Project) of ECHOES (Every Child Has an The Corporation for Supportive Housing signed a 10-year lease for 15,300 square feet at 61 Broadway. The housing solutions agency will take space on the 23rd floor. The tenant was represented by David M. Carlos of Studley. The landlord, Broad Street Development, was represented in-house by Daniel M. Blanco, Ramona Huegel and David Israni. The asking rent was $38 per square foot. ● Beach RE signed a seven-year lease for 5,000 square feet at 55 Broadway. The asking rent was $38 per square foot. The global reinsurance firm will take space on the 21st floor. The tenant was represented by Frank Centro of Cushman & Wakefield. The landlord, Broad Street Development, was represented by Daniel M. Blanco, Ramona Huegel and David Israni. The asking rent was $38 per square foot. ● The Austrian Tourist Office signed a 10-year lease for 3,000 square feet at 61 Broadway. The agency was represented by Bernhard Weinstable of Cushman & Wakefield and Snezana Anderson of CBRE Group Inc. The landlord, Broad Street Development, was represented by Daniel M. Blanco, Ramona Huegel and David Israni. The asking rent was $38 per square foot. ● RETAIL Planet Fitness signed a lease for 29,500 square feet at 423 W. 55th St. The gym will take 24,500 square feet on the ground floor and 5,000 square feet on the mezzanine level. The tenant was represented by Jordan Barker and Richard Chera of Crown Retail Services. The landlord, the Winter Organization, was represented in-house by Rob Fink. The asking rent was undisclosed. ● SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) Aisling Capital (Manhattan),OrbiMed Advisors(Manhattan), the ColumnGroup, Topspin Partners LBO, venBio/Aragon Pharmaceuticals Inc. Southeastern Asset Management Inc./ Dell Inc. (4.08%) $1,000.0 $968.8 500 Startups, Audrey $614.9 Capital, Bezos Expeditions, Cooperation Technology Corp., Founder Collective (Manhattan), Foundry Group, Lerer Ventures (Manhattan), RRE Ventures (Manhattan), Thrive Capital (Manhattan), True Ventures/ MakerBot Industries Not disclosed/ Delonex Energy Ltd. $600.0 BUYERS/INVESTORS TRANSACTION TYPE Janssen Research & Development SB M&A High River LP, Icahn Associates Corp. (Manhattan) SB M&A Stratasys Ltd. SB M&A Warburg Pincus (Manhattan) GCI A.G.N. Efrat Ltd., Analyst $335.3 IMS Mutual Funds Management Ltd., Edtom Ltd., Och-Ziff Capital Management Group (Manhattan), Yelin Lapidot-Mutual Funds Management Ltd./ Mayanot Eden Ltd. Rhone Capital (Manhattan) FB M&A Hart Capital, IDG $194.0 Capital Partners, McGraw Hill Financial Inc. (Manhattan), MLP Holdings Limited, SIG Asia Investments, Time Century Investments Ltd./ ChinaEdu Corp. Management of ChinaEdu Corp. (remaining 86%) FB M&A $167.9 Blackstone Real Estate Advisors (Manhattan) SB M&A HCC Real Estate Ltd., IL&FS Milestone Realty Advisors Pvt. Ltd./ 1.8 million square feet 247 HCC Park Selected deals announced for the week ended June 22 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 July 8, 2013 | Crain’s New York Business | 23 http://www.crainsnewyork.com/submitadeal http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.nyc.gov/buildnyc

Table of Contents for the Digital Edition of Crains New York - July 8, 2013

Crains New York - July 8, 2013
IN THE MARKETS
BUSINESS PEOPLE
SMALL BUSINESS
INSIDER
REAL ESTATE DEALS
OPINION
GREG DAVID
NICOLE GLAROS
IN THE BOROUGHS
TOURISM REPORT
CLASSIFIEDS
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crains New York - July 8, 2013