Crains New York - July 15, 2013 - (Page 1)

CRAIN’S NEW YORK BUSINESS ® BEACH GRASS SHORTAGE Low supply slows post-Sandy dune rebuilds PAGE 5 JULY 15-21, 2013 PRICE: $3.00 Tax credit stars in post-shoot film boom Expanded incentive lures postproduction companies to NY, spurs hiring spree BY THERESA AGOVINO Pam Williams was in Louisiana shooting a movie last summer, wondering if the rumors were true. Would New York state expand its postproduction tax credit so the cost of finishing the film in the city would essentially be equal to completing it in Louisiana, which offers rich incentives to the industry? In late July 2012, she got the answer she wanted: The New York credit would be enhanced. “We were so excited when it passed,” said Ms. Williams, the producer of The Butler, a film about an African-American man who served seven presidents. “We really wanted to See FILM on Page 20 2 wild and crazy guys! Anthony Weiner as America’s mayor? Eliot Spitzer as city’s comptroller? Business leaders aren’t laughing BY ANDREW J. HAWKINS The sudden prospect of Eliot Spitzer and Anthony Weiner being elected to the top two citywide offices has set late-night comedians and political cartoonists atwitter, as it were. But to some businesspeople in the city, already nervous about what lies after the Bloomberg administration, it is nothing to joke about. With Mr. Weiner leading the mayor’s race, according to one poll, and another survey deem- ing Mr. Spitzer the favorite for city comptroller just days after he announced his candidacy,there is fear that New York will, as Partnership for New York CEO Kathryn Wylde has heard from executives, “become a national joke.” Their sex scandals—Mr. Weiner’s tweeting of crotch shots and Mr. Spitzer’s patronizing of prostitutes, which led to their resignations from Congress in 2011 and the governorship in 2008, respectively—are far from the only gripes. The prospect of two men with outsize See WEINER AND SPITZER on Page 18 REPORT HEALTH CARE Insurers retool for Obamacare to sign up millions of new customers PAGE 13 Party sales knock on digital door Facebook, Twitter give direct sellers new edge. Cathie Black plays host BY ADRIANNE PASQUARELLI White wine was flowing as a group of 20 women gathered at the Park Avenue home of Cathie Black on a recent June evening.But they weren’t gabbing about politics or education with the former Hearst Magazines chairman and briefly tenured New York City schools chancellor. Instead, they were slipping into shapewear—the slimming undergarments that magically make bulges disappear. Ms. Black was hosting her first party for Ruby RibSee DIRECT on Page 20

Table of Contents for the Digital Edition of Crains New York - July 15, 2013

Crains New York - July 15, 2013
IN THE BOROUGHS
IN THE MARKETS
SMALL BUSINESS
THE INSIDER
BUSINESS PEOPLE
OPINION
STEVE HINDY
GREG DAVID
REAL ESTATE DEALS
REPORT: HEALTH CARE
CLASSIFIEDS
FOR THE RECORD
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crains New York - July 15, 2013