Crain's New York - February 25, 2013 - (Page 24)

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. 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. Filed for Chapter 11 bankruptcy protection on Feb. 7. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. The creditor with the largest unsecured claim is Deborah Riggi, owed $30,000. ● ● NEW IN TOWN project at the North River wastewater treatment plant. To make inquiries or to obtain bid documents, contact Jeanne Schreiber at (718) 595-3456 or jeannes@dep.nyc.gov. ● School Construction Authority Seeks competitive sealed bids by 10 a.m. on March 5 for a low-voltage electrical system at P.S. 72 in Brooklyn. Bid documents are available for a charge of $100, payable only by certified check or money order made out to the New York City School Construction Authority. To make inquiries or obtain bid documents, contact Lily Persaud at (718) 752-5852 or lpersaud@nycsca.org. GOODS AND SERVICES Fletcher’s Brooklyn Barbecue 433 Third Ave., Brooklyn The restaurant opened in Gowanus. The menu features Carolina-style barbecue. ● Goodby Silverstein & Partners 200 Varick St., Manhattan The advertising agency opened its first shop in New York City. The San Francisco-based firm also has a location in Detroit. Hios Real Estate Corp. 2 W. Kingsbridge Road, Bronx Filed for Chapter 11 bankruptcy protection on Feb. 7. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. The creditors with the largest unsecured claims are R.A. Cohen & Associates, owed $1,670,000; Argyropoulos & Bender, owed $47,500; and Lester & Associates, owed $8,605. ● Iosselliani 4 W. 29th St., Manhattan The luxury boutique opened in midtown. It is the brand’s New York flagship store and first U.S. location. ● Runner & Stone 285 Third Ave., Brooklyn The bakery opened in Gowanus. It serves fresh bread, pastries and savory dishes. ● Kambia Real Estate Corp. 2647-2661 Jerome Ave., Bronx Filed for Chapter 11 bankruptcy protection on Feb. 7. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. The creditors with the largest unsecured claims are R.A. Cohen & Associates, owed $1,250,000; Argyropoulos & Bender, owed $47,500; and Philip Mastronihalis, owed $7,000. 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. Metro United Properties 33 W. Ninth St., Manhattan Filed for Chapter 11 bankruptcy protection on Feb. 6. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $1,000,001 to $10 million. ● Glaceau 260 Madison Ave., Manhattan The beverage company relocated in midtown. It was previously located in Whitestone, Queens, at 17-20 Whitestone Expressway. ● SBLM Architects 545 W. 45th St., Manhattan The architecture firm relocated to Hell’s Kitchen. Its previous address was 151 W. 26th St. ● ShoreTel 1385 Broadway, Manhattan The technology company relocated to the garment district. Its previous address was 245 W. 17th 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. ● De La Fontaine 519 Columbus Ave., Manhattan Filed for Chapter 11 bankruptcy protection on Feb. 8. The filing cites estimated liabilities of $100,001 to $500,000 and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are Quality General Contracting, owed $55,000; and Conca D’Oro, owed $52,636.02. ● Hildavan Realty Corp. 3101 Eastchester Road, Bronx ● Skillman Estates 580 Fifth Ave., Manhattan Filed for Chapter 11 bankruptcy protection on Feb. 6. The filing cites estimated liabilities of $10,000,001 to $50 million and estimated assets of $1,000,001 to $10 million. 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. CONSTRUCTION SERVICES ● Department of Design and Construction Seeks competitive bids by 2 p.m. on March 21 for the renovation of the screening room at the Downtown Community Television Center. Bid documents are available for a $35 deposit, payable by company check or money order only, and are available at www.nyc.gov/ddc. There will be a mandatory prebid conference at 10 a.m. on March 7 at the Downtown Community Television Center, located at 87 Lafayette St. For more information, contact Ben Perrone at (718) 391-2614. ● Department of Environmental Protection Requests proposals by 4 p.m. on March 13 for a consultant to provide construction management services for the electrification and cogeneration 24 | Crain’s New York Business | February 25, 2013 ● Administration for Children’s Services Seeks competitive sealed proposals by 2 p.m. on March 14 for parent advocates with a demonstrated ability to meet the complex advocacy needs of parents who are the subject of a child protective investigation and for whom ACS has determined that an initial child safety conference is necessary. The RFP can be obtained from the department office of procurement, 150 William St., or can be downloaded at www.nyc.gov/acs. A preproposal conference will take place at 10 a.m., Feb. 28, at the department. To make inquiries, contact Rafael Asusta at (212) 341-3511 or rafael.asusta@ acs.nyc.gov. ● Department of Education Seeks competitive sealed bids by 4 p.m. on March 5 for F5networks maintenance. To make inquiries or obtain bid documents, contact the vendor hotline at (718) 935-2300 or vendorhotline@schools.nyc.gov. The bid opening will take place on March 6 at 11 a.m. RETAIL Lovely Bridal Shop signed a 10-year lease for 4,500 square feet at 182 Duane St., between Hudson and Greenwich streets. The space consists of 2,500 square feet on the ground floor and 2,000 square feet on the lower level. The tenant was represented by Kate Cohen and Ross Kaplan of Newmark Grubb Knight Frank. The landlord, Stelen Realty, was represented by Roxanne Betesh and Sarah Shannon of Sinvin Real Estate. The asking rent was $21,000 per month. ● Con Amore signed a lease for 7,000 square feet at 18 Commerce St. in Red Hook, Brooklyn. The bar and lounge will occupy the ground floor and basement. The tenant and the landlord, Salvatore Reale, were represented by Louie Hamdan of Kalmon Dolgin Affliliates. The asking rent was $7,000 per month. ● 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. ● American Express Co. (AMX) Kenneth Chenault, chief executive and chairman, exercised options on 555,208 shares of common stock at $43.98 on Feb. 8, in a transaction worth $24,416,382. On the same day, he sold 643,865 shares of common stock at Department of Finance Seeks competitive bids by 3 p.m. on March 12 for the emergency repair and preventive maintenance of the central package and air-conditioning window units. To make inquiries or to obtain bid documents, contact Jean Kressner at (212) 669-3896 or kressnerj@ finance.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 ELaermer@ crains newyork.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 Major Lindsey & Africa signed a 10year lease for 21,700 square feet at 521 Fifth Ave. The legal industry recruiter will take the entire fifth floor and plans to move by midsummer. The tenant was represented by Jamie Smith of Cassidy Turley. The landlord, SL Green Realty Corp., was represented by Peter Alden, Whitten Morris, Mikael Nahmias, Tara Stacom and Barry Zeller of Cushman & Wakefield. The asking rent was undisclosed. ● ● PM Pediatrics signed a 10-year lease for 6,100 square feet at 240 Atlantic Ave. in Brooklyn. The doctor’s office will take space on the ground floor. The tenant was represented by Brad Cohen and Jason Pennington of Ripco Real Estate. The landlord, Boerum Commercial, was represented by Ryan Condren and Timothy King of CPEX Real Estate Services. The asking rent was $85 per square foot. ●Och-Ziff Capital Management Group (OZM) Dubai Holding sold 4,911,290 shares of common stock at $10.06 on Feb. 7, in a transaction worth $49,395,300. It now indirectly owns 33,227,300 shares. ● MasterCard Inc. (MA) MasterCard Foundation sold 47,488 shares of common stock at prices ranging from $516.42 to $520.56 between Feb. 4 and Feb. 7, in a transaction worth $24,641,844. It now directly owns 12,378,800 shares. ● JPMorgan Chase & Co. (JPM) Frank Bisignano, co-chief operating officer, sold 20,000 shares of common stock at $48.57 on Feb. 6, in a transaction worth $971,400. On Feb. 7, he exercised options on 400,000 shares of common stock at prices ranging from $38.98 to $39.83, in a transaction worth $15,846,500. He now directly holds 338,676 shares. ● Bed Bath & Beyond Inc. (BBBY) Steven H. Temares, chief executive, exercised options on 154,630 shares of common stock at prices ranging from $37.51 to $38.77 between Feb. 5 and Feb. 6, in a transaction worth $5,887,882. During the same period, he sold 154,630 shares at prices ranging from $59.60 to $60.09, in a transaction worth $9,217,579. He now directly holds 552,318 shares. Ⅲ DEALS ROUNDUP SELLER/TARGET ● prices ranging from $61.65 to $61.85, in a transaction worth $39,803,816. He now directly holds 914,642 shares. TRANSACTION SIZE (IN MILLIONS) Coatue Management Distributors Inc. (Manhattan), Manning & Napier Advisors (Manhattan)/ Virgin Media Inc. $24,758.6 BUYERS/INVESTORS TRANSACTION TYPE Liberty Global Inc. SB M&A Cablevision Systems Corp./Bresnan Broadband Holdings $2,620.8 Charter Communications Operating SB M&A Apollo Global Management (Manhattan), Conversus Capital, Tempus Quo Capital Management (Manhattan) $1,231.5 Reliance Steel & Aluminum Co. SB M&A UBS Global Asset Management/portfolio of 40 shopping centers (82%) $902.0 Kimco Realty Corp., the Blackstone Group (Manhattan) SB M&A Maltby Capital Ltd./ Parlophone Records Ltd. $764.2 Warner Music Group Corp. (Manhattan) SB M&A Teachers Insurance and Annuity Association College Retirement Equities Fund (Manhattan)/five office buildings in New York, Washington and Boston $600.0 Norges Bank Investment Management (49.9%) SB M&A Not disclosed/ Vrindavan Tech Village $367.0 Embassy Property Developments Ltd.; HDFC Private Equity; the Blackstone Group (Manhattan) SB M&A Cousins Properties Inc. (remaining 80%) SB M&A Western National Realty Advisors SB M&A SB M&A Morgan Stanley $128.0 Real Estate Fund Inc. (Manhattan)/ MSREF/Cousins Terminus 200 JPMP Capital (Manhattan)/ Ironwood and Fairway Palms $100.9 PMI Mortgage Services Co./operating platform assets and PMI Mortgage Assurance Co. $90.0 Arch Capital Group (U.S.) Inc. (Manhattan) Not disclosed/ New Relic Inc. $80.0 Allen & Co. Inc. investment arm (Manhattan), Benchmark Capital, Dragoneer Investment Group, Insight Venture Partners (Manhattan), Passport Management, T. Rowe Price Group Inc., Tenaya Capital, Trinity Ventures GCI Selected deals announced for the week ended Feb. 9 involving companies in metro New York. 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. GCI: Growth capital investment represents new money invested in a company for a minority stake. source: capitaliq http://www.nyc.gov/acs http://www.crainsnewyork.com/submitadeal http://www.crainsnewyork.com/submitadeal http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.nyc.gov/ddc

Table of Contents for the Digital Edition of Crain's New York - February 25, 2013

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

Crain's New York - February 25, 2013