Crains New York - March 25, 2013 - (Page 38)

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. ● Caramel Baby & Child 1244 Madison Ave., Manhattan The children’s apparel retailer opened on the Upper East Side. It is the first U.S. store for the U.K. brand. ● DreamDry 35 W. 21st St., Manhattan Rachel Zoe’s first salon venture opened in the Flatiron district. The shop booked 1,000 appointments its first week, and there are plans to expand. ● Sword-Smith 98C South Fourth St., Brooklyn The clothing boutique opened in Williamsburg. Its selection includes pieces from emerging designers, as well as an in-house line. 4191 High Design Corp. 4193 Broadway, Manhattan Filed for Chapter 11 bankruptcy protection on Feb. 28. The filing cites estimated liabilities of $50,001 to $100,000 and estimated assets of $50,001 to $100,000. The creditors with the largest unsecured claims are Prana Growth, owed $67,000; Daly Gonzalez, owed $5,000; and C.O.D. Friendly, owed $4,250. ● Gowanus Inn Inc. 311 W. Broadway, Manhattan Filed for Chapter 11 bankruptcy protection on March 5. 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 $30,000.00. ● JEAD Auto Supply Inc. 1810 East Tremont Ave., Bronx Filed for Chapter 11 bankruptcy protection on March 14. 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 New York Finance, owed $84,297.04; New York State Taxation, owed $35,797.11; and American Express, owed $34,920. ● 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. ● Alibi 236 Fifth Ave., Manhattan The jewelry boutique relocated to an appointment-only showroom in midtown. The previous location was in NoLita at 241 Mulberry St. ● Duane Park 308 Bowery, Manhattan The new-American restaurant and performance space relocated to the East Village. The previous location was at 157 Duane St. in TriBeCa. ● Steven Alan Home Store 158 Franklin St., Manhattan The retail brand opened in TriBeCa. It is the first home-goods store for the company, and its sixth Manhattan location. 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. ● 2700 Jerome Ave. Realty Corp. 2700 Jerome Ave., Bronx Filed for Chapter 11 bankruptcy protection on March 10. 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 Lawrence J. Berger, owed $3,099. RETAIL GOODS AND SERVICES Three Easy Pieces 945 West End Ave., Manhattan Filed for Chapter 7 bankruptcy protection on March 7. The filing cites estimated liabilities of $50,001 to $100,000 and estimated assets of $0 to $50,000. The creditors with the largest unsecured claims are Cool Gray Seven, owed $34,096.28; Farrell Fritz, owed $16,602.78; and Social Market and Branding, owed $7,600. 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 April 23 for construction at the Linden Place parking lot at Flushing Town Hall. There will be an optional prebid walk-through on April 9 at 10 a.m. at the parking lot, 34-56 Linden Place, Flushing. For more information or to obtain bid documents, contact Ben Perrone at (718) 391-2200. ● Department of Transportation Seeks competitive sealed bids by 11 a.m. on May 15 for the protective coating of various bridges in the Bronx. Bid documents are available for a deposit of $50, payable only by certified check or money order made out to NYC DOT. An optional prebid conference will take place at 10 a.m. on April 10 at 55 Water St., eighth floor, room 809B. To make inquiries or to obtain bid documents, contact Mark Lenkovskiy at (212) 8396347 or the bid window at (212) 8399435. 38 | Crain’s New York Business | March 25, 2013 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. ● MUJI signed a lease for 8,600 square feet at 52 Cooper Square. The Japanese retail company will open its fifth New York location. The tenant was represented by Chris Okada of Okada & Co. The landlord, 52/54 CSQ Realty, was represented by Henry Goldfarb and Stanley Lindenfeld of Lee & Associates. The asking rent was $100 per square foot. ● ● ● Pearl & Ash 220 Bowery, Manhattan The bar and restaurant opened in the East Village. The menu features classic cocktails, small plates and a small selection of entrées. School Construction Authority Seeks competitive sealed bids by 10 a.m. on April 8 for an auditorium upgrade at P.S. 38 in Manhattan. Bid documents are available for a fee of $100, payable only by certified check or money order made out to NYC School Construction Authority. To make inquiries or to obtain bid documents, contact Edison Aguilar at (718) 472-8641 or eaguilar@nycsca.org. ● Department of Education Seeks competitive sealed proposals by 4 p.m. on May 29 for the repair and placement of stone steps. There will be a prebid conference at 11 a.m. on April 30 at 65 Court St., 12th floor, conference room 1201, in Brooklyn. 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 May 30 at 11 a.m. ● Office of Labor Relations Seeks competitive sealed proposals by 4:30 p.m. on April 19 for a vendor to provide daily or as-necessary liquidity through the use of a low-duration wrapped bond portfolio. To be considered, vendors must submit their product information, as applicable, on Mercer’s Global Investment Management Database at www.mercergimd.com. Vendors not already registered should call Jay Livnat at (212) 345-2719 for a user ID and password to access the database. For other inquiries, please contact Georgette Gestely at (212) 306-7376. ● Health and Hospitals Corp. Seeks competitive sealed bids by 10 p.m. on April 11 for telephone answering services. To make inquiries or to obtain bid documents, contact Shakeel Daniyal at (212) 442-3890 or shakeel.daniyal@ nychhc.org. ● Human Resources Administration Seeks competitive bids by 3 p.m. on April 16 for daily mail pickup and delivery services in Brooklyn. A nonmandatory prebid conference will be held on March 28 at 2 p.m. at 180 Water St., seventh-floor conference room, Manhattan. For more information or to obtain bid documents, contact Donna Wilson at (212) 331-4843 or wilsond@hra.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@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 Heidell Pittoni Murphy & Bach signed a 10-year lease for 30,000 square feet on the seventh floor at 99 Park Ave. The law firm was represented by Michael Leff of Avison Young. The landlord, Eastgate Realty, was represented by Diana Biasotti and Paul Glickman of Jones Lang LaSalle. The asking rent was undisclosed. ● TGM Associates signed a 10-year lease for 11,300 square feet at 650 Fifth Ave. The investment advisory firm renewed its lease for the 28th floor of the 36-story building. The tenant was represented by Michael Goldman and Dan Posey of Studley. The landlord, 650 Fifth Avenue Co., was represented by Zachary Freeman, Paul Haskin and Robert Stillman of CBRE Group Inc. The asking rent was undisclosed. ● Dare Devil Tattoo signed a 10-year lease for 1,100 square feet at 141 Division St. The tattoo parlor is relocating from its current space on Ludlow Street, where it has been for 10 years. The tenant and the landlord were represented by Anand Melwani of ARM Real Estate Group. The asking rent was $90 per square foot. ● Orange Leaf signed a lease for 1,000 square feet at 345 Adams St., its first location in Brooklyn. The frozen-yogurt chain already has six stores throughout Manhattan and Staten Island. The tenant was represented by Adam Frisch, Henry Goldfarb and Stanley Lindenfeld of Lee & Associates. The landlord, Muss Development, was represented by Ariel Schuster and Brian Segall of RKF. The asking rent was undisclosed. ● Hertz Global Holdings Inc. (MA) Bank of America Corp. sold 23,983,399 shares of common stock at $20.14 on March 12, in a transaction worth $483,025,664. It now indirectly owns 6,743,060 shares. Clayton Dubilier & Rice Fund VII sold 13,909,100 shares of common stock at $20.14 on March 12, in a transaction worth $280,129,280. It now indirectly owns 16,649,600 shares. CDR CCMG Co-Investor sold 5,078,480 shares of common stock at $20.14 on March 12, in a transaction worth $102,280,584. It now indirectly owns 6,079,060 shares. ● Tiffany & Co. (TIF) Qatar Investment Authority sold 2,139,119 shares of common stock at prices ranging from $68.80 to $70.25 between March 4 and March 8, in a transaction worth $149,293,792. It now indirectly owns 14,942,300 shares. ● STOCK TRANSACTIONS Following are recent insider transactions at New York’s largest publicly held companies Tal International Group Inc. (TAL) Resolute Fund Partners sold 3,321,960 shares of common stock at $42.90 on Feb. 26, in a transaction worth $142,512,080. It now holds no shares. DEALS ROUNDUP SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) BUYERS/INVESTORS TRANSACTION TYPE ValueAct Capital/ Gardner Denver Inc. $4,121.7 Kohlberg Kravis Roberts & Co. (Manhattan) FB M&A HSBC Finance Corp., HSBC Retail Services Inc./Portfolio of personal unsecured and personal homeowner loans $4,000.0 Newcastle Investment Corp. (Manhattan), Springleaf Finance Inc. SB M&A Alamos Gold Inc., Fonds régional de solidarité FTQ Abitibi-Témiscamingue, Gestion SODÉMEX Inc., Horizons Investment Management Inc., Societe de Developpement de la Baie James, Van Eck Associates Corp. (Manhattan)/Aurizon Mines Ltd. $759.4 Hecla Mining Co. SB M&A Becker Drapkin Management, Carlson Capital/Hot Topic Inc. $594.9 Sycamore Partners (Manhattan) FB M&A Not disclosed/ 346 Broadway $160.0 The Peebles Corp. SB M&A Clarion Partners Americas (Manhattan)/ 100 Spear Street Owner’s Corp. $100.0 Prudential Real Estate Investors SB M&A Not disclosed/ 200,000-square-foot former Emigrant Industrial Savings Bank Building $89.0 Chetrit Group (Manhattan) SB M&A Acro Real Estate Ltd., Polar Investments Ltd./ Bryant Park Lot $83.0 Not disclosed SB M&A Newport Federal Savings Bank ESOP, Newportfed Charitable Foundation endowment arm, Sandler O’Neill Asset Management (Manhattan)/Newport Bancorp $61.6 SI Financial Group Inc. SB M&A Not disclosed/ Beats Electronics $60.0 Access Industries Inc. (Manhattan), individual investors GCI Selected deals announced for the week ended March 9 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.mercergimd.com http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.crainsnewyork.com/submitadeal

Table of Contents for the Digital Edition of Crains New York - March 25, 2013

In the Boroughs
In the Markets
Real Estate Deals
The Insider
Business People
Opinion
Alair Townsend
Greg David
40 Under 40
Classifieds
For the Record
Small Business
New York, New York
Source Lunch
Out and About
Snaps

Crains New York - March 25, 2013