Crain's New York - March 18, 2013 - (Page 18)

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. ● Curvaceous K 179 Stanton St., Manhattan The plus-size boutique opened on the Lower East Side. It carries sizes 14 through 26. ● Sweet Chick 164 Bedford Ave., Brooklyn The chicken-and-waffles restaurant opened in Williamsburg. It currently serves only dinner. ● Wise Men 355 Bowery, Manhattan The bar and restaurant opened in the East Village. The menu features classic cocktails and a small selection of entrées. 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. ● Erica Weiner 360 Atlantic Ave., Brooklyn The jewelry boutique opened in Boerum Hill. The designer’s first store is located in NoLita at 173 Elizabeth St. ● Lululemon 408 W. 14th St., Manhattan The yoga and athletics brand opened a store in the meatpacking district. It is the chain’s seventh location in Manhattan. Filed for Chapter 11 bankruptcy protection on Feb. 8. The filing cites estimated liabilities of $500,001 to $1 million and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are Quality General Contracting, owed $55,000; Conca D’Oro, owed $52,636.02; and the New York State Department of Labor, owed $32,632.20. ● RDA Holding Co. 44 S. Broadway, White Plains Filed for Chapter 11 bankruptcy protection on Feb. 17. The filing cites estimated liabilities of more than $1 billion and estimated assets of more than $1 billion. The creditors with the largest unsecured claims are Luxor Capital Group, owed $10,000,000; the Federal Trade Commission, owed $8,753,266; and Williams Lea, owed $5,970,280.02. ● Patagonia 414 W. 14th St., Manhattan The outdoor apparel and equipment store opened in the meatpacking district. It is the third Manhattan location for the brand. Middletown Ventures 38-11 Ditmars Blvd., Astoria, Queens Filed for Chapter 11 bankruptcy protection on Feb. 15. 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 R.A. Cohen & Associates, owed $1,250,000; Argyropoulos & Bender, owed $47,500; and Philip Mastronihalis, owed $7,000. 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. STX Communications 4756 Glenwood St., Little Neck, Queens Filed for Chapter 7 bankruptcy protection on Feb. 15. 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 11 a.m. on April 4 for the installation of sidewalks, adjacent curbs and pedestrian ramps in Brooklyn. Bid documents are available for a $35 deposit, payable by company check or money order only, and are available at www.nyc.gov/buildnyc. For more information, contact Ben Perrone at (718) 391-2200. ● Game2Mobile Inc. 35 Crest Loop, Staten Island Filed for Chapter 11 bankruptcy protection on Feb. 14. 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. Department of Transportation Seeks competitive sealed bids by 11 a.m. on March 27 for the installation of LED cobra heads on highways throughout the city. Bid documents are available for a deposit of $50, payable only by certified check or money order made out to NYC DOT. To make inquiries or to obtain bid documents, contact Frank Caiazzo at (718) 786-4061 or the bid window at (212) 839-9435. ● ● ● Gator Enterprises Inc. 1169 Nostrand Ave., Brooklyn ● Department of Education Seeks competitive sealed bids by 4 p.m. on March 27 for a vendor to produce a Web-based, interactive professional development or online learning module. To make inquiries or to obtain bid documents, contact the vendor hotline at (718) 935-2300 or vendorhotline@ schools.nyc.gov. The bid opening date will be March 28 at 11 a.m. ● Department of Environmental Protection Seeks competitive sealed bids by 4 p.m. on March 28 from consultants to provide engineering services, the basis of design for the conversion and/or optimization of the Rockaway Wastewater Treatment Plant. To make inquiries or to obtain bid documents, contact Jeanne Schreiber at (718) 595-3456 or jeannes@dep.nyc.gov. ● Department of Sanitation Seeks competitive sealed bids by 11 a.m. on March 27 for pneumatic tire casing retreading and repair. To make inquiries or to obtain bid documents, contact Michael Russell at (212) 437-5057 or mrussell@dsny.nyc.gov. Manhattan Wardrobe Supply Inc. signed a seven-year lease for 7,600 square feet at 245 W. 29th St. The full-service retail store that primarily serves theatrical professionals has occupied the location for the past 15 years. The tenant was represented by Perry Mesmer of Colliers International. The landlord, 245 W. 29, was represented by Michael Moorin of Newmark Grubb Knight Frank. ● ● Baranzelli Silk Surplus signed a lease for 400 square feet at 238 E. 58th St. The fabric and furniture store will consolidate space by growing its Internet business. The tenant and the landlord, Lem Lee 58, were represented by Dean Valentino of ABS Partners Real Estate. Triborough Bridge and Tunnel Authority Seeks competitive sealed bids by 5 p.m. on 18 | Crain’s New York Business | March 18, 2013 ranging from $518.78 to $521.86 between Feb. 12 and Feb. 14, in a transaction worth $18,529,094. It now directly owns 12,319,500 shares. ● Time Warner Inc. (TWX) Jeffrey Bewkes, chief executive, chairman and director, sold 308,947 shares of common stock at prices ranging from $52.39 to $53.62 between Feb. 8 and Feb. 14, in a transaction worth $16,269,923. He now indirectly owns 288,443 shares. ● JPMorgan Chase & Co. (JPM) John James Hogan, chief risk officer, exercised options on 236,000 shares of common stock at prices ranging from $43.20 to $46.79 on Feb. 12, in a transaction worth $10,826,280. He now directly holds 44,051 shares. ● 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. ● MasterCard Inc. (MA) MasterCard Foundation sold 35,613 shares of common stock at prices Estée Lauder Companies Inc. (EL) Grat Remainder Trust sold 100,000 shares of common stock at prices ranging from $62.57 to $62.92, in a transaction worth $6,274,500. It now directly holds 1,089,980 shares. ● BlackRock Kelso Capital Corp. (JPM) Virginia Retirement Systems et al. sold 549,330 shares of common stock at prices ranging from $10.51 to $10.60 between Feb. 11 and Feb. 14, in a transaction worth $5,793,220. It now directly holds 10,193,300 shares. Ⅲ ● Department of Health and Mental Hygiene Requests proposals by 2 p.m. on April 30 for a vendor to provide pregnancy risk-assessment monitoring systems operations. Bid documents may be downloaded at www.nyc.gov/health/ contracting or picked up in person at 42-09 28th St. in Long Island City, Queens. To make inquiries, contact Jeannette Soto-Pacheco at (347) 3966639 or pramsrfp@health.nyc.gov. ● ● BANKRUPTCIES GOODS AND SERVICES RETAIL ● ● The Meatball Shop 200 Ninth Ave., Manhattan The restaurant opened in Chelsea. It is the third Manhattan location and the second store to have a full liquor license, along with the brand’s Brooklyn outpost. May 5 for a new ramp at the VerrazanoNarrows Bridge. A prebid conference is scheduled for March 20 at 10 a.m. To make inquiries or to obtain bid documents, contact Victoria Warren at (646) 252-7092 or vprocure@mtabt.org. 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@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 Underground Visuals signed a 10-year lease for 10,000 square feet at 263 W. 38th St. The digital printing company will relocate during the third quarter of 2013. The tenant was represented by Roseanne Lucarelli and Peter Newman of Handler Real Estate Organization. The landlord, Handler Real Estate Organization, was represented in-house by Scott Galin. The asking rent was $33 per square foot. ● Lockwood Publications signed a 10-year lease for 4,500 square feet at 3743 Crescent St. in Long Island City, Queens. The trade and consumer magazines publisher was represented by Steve Kaplan of the Lansco Corp. The landlord, di Domenico + Partners, was represented by Troy Allen of Modern Spaces NYC. The asking rent was $22 per square foot. ● Wireless Digital Group signed a fiveyear lease for 3,600 square feet at Industry City, located at 241 37th St. in Brooklyn. The cellphone company will occupy space in Building 10, which it will use as its headquarters to house executive, marketing and advertising offices. The tenant did not have representation. The landlord, Industry City Associates, was represented in-house by Bruce Federman. The asking rent was $25 per square foot. ● DEALS ROUNDUP SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) 683 Capital Management $458.5 (Manhattan), Bandera Partners (Manhattan), Newtyn Management (Manhattan), Thornridge Holdings Ltd./Assisted Living Concepts Inc. BUYERS/INVESTORS TRANSACTION TYPE TPG Capital FB M&A $403.6 Bertelsmann AG (remaining 51%) SB M&A Artemis Investment $398.0 Management, Aviva Investors Global Services Ltd., AXA Investment Managers U.K. Ltd., Credit Suisse investment banking and securities investments, GLG Partners, Investec Asset Management Ltd., JPMorgan Asset Management Inc. (Manhattan), JPMorgan Asset Management (U.K.) Ltd., Praxient Capital/Valiant Petroleum Ithaca Energy Holdings (U.K.) Ltd. SB M&A Kohlberg Kravis Roberts & Co. (Manhattan)/ Bertelsmann Music Group GmbH Banco Popular de Puerto Rico/Banco Popular de Puerto Rico portfolio of nonperforming commercial and construction loans $347.0 Caribbean Property Group (Manhattan), Perella Weinberg Partners investment arm SB M&A Rockpoint, Stellar Management Co. (Manhattan)/Milk Studios office and commercial building in New York $326.0 Jamestown Properties Corp. SB M&A Not disclosed/ AirWatch $200.0 Insight Venture Partners (Manhattan) GCI Not disclosed/ First Security Group Inc. $90.0 EJF Capital, GF Financial (Manhattan), MFP Investors (Manhattan), Ulysses Management (Manhattan) GCI iQor Inc. (Manhattan)/ iQor Holdings (U.K.) Ltd. $63.7 Capita SB M&A Insight Venture Partners (Manhattan)/Beatport $50.0 Live Nation Entertainment Inc. SB M&A Computershare Ltd. SB M&A Morgan Stanley $48.5 (Manhattan)/Morgan Stanley EMEA-based portion of global stock plan services business Selected deals announced for the week ended March 2 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 http://www.nyc.gov/health/contracting http://www.nyc.gov/health/contracting http://www.crainsnewyork.com/submitadeal http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.nyc.gov/buildnyc.For

Table of Contents for the Digital Edition of Crain's New York - March 18, 2013

IN THE BOROUGHS
IN THE MARKETS
THE INSIDER
BUSINESS PEOPLE
OPINION
STEVE HINDY
GREG DAVID
REPORT: REAL ESTATE
real estate deals
THE LIST
FOR THE RECORD
CLASSIFIEDS
SMALL BUSINESS
NEW YORK, NEW YORK
SOURCE LUNCH
OUT AND ABOUT
SNAPS

Crain's New York - March 18, 2013