Crains New York - January 28, 2013 - (Page 1)
CRAIN’S
NEW YORK BUSINESS
®
BEHIND THE
MASK
Star empathizes
with role as Phantom
reaches milestone
GOTHAM GIGS P. 8
WWW.CRAINSNEWYORK.COM
VOL. XXIX, NO. 4
NY-Presby
to bail out
Downtown
Hospital
Lower Manhattan’s
last medical center
on brink of collapse
BY BARBARA BENSON
The last remaining hospital in lower
Manhattan, financially unstable after
years of operating losses, is being bailed
out by a wealthy uptown white knight,
Crain’s New York Business has learned.
New York-Presbyterian Hospital
has asked state health officials for permission to acquire New York Downtown Hospital, the only institution below 14th Street since St. Vincent’s
Hospital closed in 2010. Downtown
“has experienced persistent, signifiSee DOWNTOWN on Page 24
Hollywood
on Hudson?
Yeah,baby!
JANUARY 28-FEBRUARY 3, 2013 PRICE: $3.00
HOW DID THIS
MAN BUY THAT
BUILDING?
Joe Chetrit grabs Sony tower
with audacious $1.1B offer
BY DANIEL GEIGER
Two weeks ago, executives at Sony placed calls
to a handful of investors vying for its 36story Manhattan headquarters that spans
an entire block on Madison Avenue
from East 55th to East 56th streets.
The short list, which included
competing groups led by
Joseph Chetrit, Harry
Macklowe and Joseph Sitt,
had just vaulted over a deep
field of big-league bidders,
including Vornado Realty
See SONY on Page 24
Hourlong shows shot
here jump 37% while
L.A. production falls
crain’s composite: newscom, patrick mcmullan
BY ANNIE KARNI
Law & Order’s 20-year reign as the
quintessential New York City television show may be long over, but hourlong small-screen dramas are alive and
well in the five boroughs—and finally
catching up to Los Angeles.
While Los Angeles saw its television drama shoots plummet by 20% in
2012, New York City saw a whopping
37% increase in this specific and lucrative slice of the entertainment market,
NEWSPAPER
See HOLLYWOOD on Page 24
REPORT BUSINESS OF SPORTS THE LIST
New York readies for the Super Bowl—
next year’s, that is PAGE 13
NYC’s largest
hotels PAGE 15
http://WWW.CRAINSNEWYORK.COM
Table of Contents for the Digital Edition of Crains New York - January 28, 2013
Crains New York - January 28, 2013
In the Boroughs
In the Markets
The Insider
Business People
Opinion
Greg David
Alair Townsend
Report: The Business of Sports
The List
Classifieds
Small Business
For the Record
New York, New York
Source Lunch
Out and About
Snaps
Crains New York - January 28, 2013
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