Crains New York - April 8, 2013 - (Page 19)

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. Hudson River Park Trust Seeks competitive sealed proposals by 3 p.m. on April 9 for a restaurateur to plan, design and operate an outdoor beer garden and restaurant as a summer concession. To make inquiries or to obtain bid documents, contact Nicole Dooskin at (212) 627-2020 or pier62rfp@hrpt.ny.gov. ● 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. Property Equity Holding Corp. 1513 E. 96th St., Brooklyn Filed for Chapter 11 bankruptcy protection on March 6. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $100,001 to $500,000. ● ● Han Kjøbenhavn 27 Prince St., Manhattan The Scandinavian retailer opened in NoLita. The shop carries eyewear, denim and Danish workwear. ● OTB 141 Broadway, Brooklyn The tavern opened in Williamsburg. It serves classic cocktails and has a full food menu and a racetrack theme. ● Tørst 615 Manhattan Ave., Brooklyn The bar opened in Greenpoint. It serves cheese, charcuterie and more than 20 draft beers. Tovi Tovi Bespoke Corp. 43-15 Queens St., Long Island City, Queens Filed for Chapter 11 bankruptcy protection on March 6. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of 100,001 to $500,000. ● Velour 297 10th Ave., Manhattan Filed for Chapter 7 bankruptcy protection on March 18. The filing cites estimated liabilities of $0 to $50,000 and estimated assets of $0 to $50,000. The creditor with the largest unsecured claim is Five Over Ten Condominium, owed $25,392. 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. ● Cadet 305 E. Ninth St., Manhattan The menswear shop opened in the East Village. It is the brand’s first location in Manhattan. Its flagship store is in Williamsburg, Brooklyn. ● Cynthia Rowley 43 E. 78th St., Manhattan The luxury designer opened a store on the Upper East Side. It is the second shop for the brand. The first is located at 376 Bleecker St. in the West Village. ● Muji 52 Cooper Square, Manhattan The Japanese home-goods store opened in the East Village. It is the company’s fourth 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. ● Benchmark Solutions Inc. 101 Park Ave., Staten Island Filed for Chapter 7 bankruptcy protection on March 15. The filing cites estimated liabilities of $1,000,001 to $10 million and estimated assets of $500,001 to $1 million. The creditors with the largest unsecured claims are UBS AG, owed $110,726.80; Computer Design & Integration, owed $87,980.41; and CDW, owed $50,936.22. ● Cafe Pomidor Group Inc. 721 Flushing Ave., Brooklyn Filed for Chapter 11 bankruptcy protection on March 6. The filing cites estimated liabilities of $50,001 to $100,000 and estimated assets of $0 to $50,000. 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 9 for the reconstruction of the Gateway Estates area (Nehemiah Creek), phase D, 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. Seeks competitive bids by 11 a.m. on April 16 for safe routes to schools, phase one, for various schools in Queens and Manhattan. 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. ● Department of Homeless Services Seeks competitive sealed bids by 11 a.m. on April 10 for boiler replacement at 8 E. Third St. in Manhattan. Bid documents are available free of charge from the department at the 13th-floor bid desk, 33 Beaver St. Bid opening will be at 11 a.m. on April 10. To make inquiries, contact Josiane Destra at (212) 361-8498 or jdestra@dhs.nyc.gov. GOODS AND SERVICES ● Department of Citywide Administrative Services Seeks competitive sealed bids by 10:30 a.m. on April 10 for the provision of medical examination tables. A copy of the bid can be downloaded from City Record Online at http://a856-internet .nyc.gov/nycvendoronline/home.asp or can be obtained by contacting vendor relations at (212) 669-8610. To make inquiries, contact Lydia Sechter at (212) 386-0468 or lsechter@dcas.nyc.gov. Human Resources Administration Seeks competitive sealed bids by 3 p.m. on April 30 for asbestos abatement services on an as-needed basis. A nonmandatory prebid conference will be held on April 12 at 2 p.m. at 180 Water St., seventh-floor conference room. To make inquiries or to obtain bid documents, contact Donna Wilson at (212) 331-4843 or wilsond@ hra.nyc.gov. 88,274 shares of common stock at prices ranging from $61.94 to $62.31, in a transaction worth $5,489,340. He now directly holds 53,729 shares. 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. ● ● Tiffany & Co. (TIF) Qatar Investment Authority purchased 867,614 shares of common stock at prices ranging from $68.61 to $68.71 between March 12 and March 18, in a transaction worth $59,570,528. It now indirectly owns 15,809,900 shares. ● C.R. Bard Inc. (BCR) G. Mason Morfit, director, sold 176,072 shares of common stock at prices ranging from $101.12 to $101.33 between March 18 and March 20, in a transaction worth $17,837,272. He now indirectly owns 3,626,160 shares. ● 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. Starwood Hotels & Resorts Worldwide Inc. (HOT) Simon M. Turner, president of global development, exercised options on 169,117 shares of common stock at prices ranging from $11.39 to $38.24 on March 18, in a transaction worth $2,781,241. On the same day, he sold 169,117 shares of common stock at prices ranging from $61.93 to $62.29, in a transaction worth $10,515,108. He now directly holds 104,218 shares. COMMERCIAL Platinum Underwriters Reinsurance signed a 10-year lease for 26,200 square feet at 140 Broadway. The company will take the entire 42nd floor of the 52story building. The tenant was represented by John Johnson and Marc Shapses of Studley. The landlord, 140 BW, was represented by Bob Constable and Willard Overlock of Cushman & Wakefield. The asking rent was in the mid-$50s per square foot. ● Metropolitan Pavilion signed a lease for 639 W. 46th St. The special-event venue and production company will take the entire building, which consists of 25,000 square feet over two floors. The tenant was represented by John Belitsky and Michael Duncan of Abraham + Martin. The landlord, MKF Group, was represented by Jesse Rubens of Murray Hill Properties. The asking rent was approximately $45 per square foot. Sergio Rivera, co-president of the Americas, exercised options on 71,335 shares of common stock at prices ranging from $11.39 to $48.61 on March 18, in a transaction worth $964,479. On the same day, he sold TGI Friday’s signed a lease for 10,900 square feet at 147-149 W. 46th St. The restaurant chain will move less than a block away from its current location. The tenant was represented by Brad Schwarz of Lee & Associates. The landlord, SBP 46th St., was represented in-house. The asking rent was $900,000 per year. ● Hudson Jeans signed a 10-year lease for 7,000 square feet at 231 W. 39th St. The apparel company renewed and expanded its lease, adding 2,700 square feet to its showroom. The tenant and the landlord, 231 and 249 West 39 Street Associates, were represented by Jeffrey Buslik of Adams & Co. The asking rent was $35 per square foot. SELLER/TARGET TRANSACTION SIZE (IN MILLIONS) Pie Face signed a 10-year lease for 1,125 square feet at 729 Eighth Ave. The Australian meat-pie purveyor will take 500 square feet on the ground floor and 625 square feet of basement space. The tenant was represented by Rob Bonicoro of CBRE Group Inc. The landlord, Clinton Housing Development Inc., was represented by Howard Aaron of Square Foot Realty. The asking rent was $14,000 per month. STOCK TRANSACTIONS Following are recent insider transactions at New York’s largest publicly held companies Steven Madden Ltd. (SHOO) Steven H. Madden, beneficial owner, sold 100,000 shares of common stock at $44.73 on March 15, in a transaction worth $4,473,000. He now directly holds 4,574,030 shares. ● MasterCard Inc. (MA) MasterCard Foundation sold 8,318 shares of common stock at $517.21 on March 18, in a transaction worth $4,302,128. It now directly holds 12,153,100 shares. ● Cognizant Technology Solutions Corp. (CTSH) Gordon J. Coburn, president, exercised options on 28,750 shares of common stock at $18.21 on March 15, in a transaction worth $523,538. On the same day, he sold 28,750 shares of common stock at $78.82, in a transaction worth $2,266,075. He now directly holds 60,621 shares. Ⅲ BUYERS/INVESTORS TRANSACTION TYPE Henderson Global Investors (North America) Inc., Dermot Realty Management Co. (Manhattan)/Three contiguous six-story buildings between Broadway and Amsterdam avenues $70.0 The Orbach Group SB M&A The Madison Square Garden Co. (Manhattan)/Live Nation Entertainment Inc. $44.0 Not disclosed (2.07%) SB M&A Not disclosed/ OvaScience Inc. $35.0 Longwood Founders Management, GCI Cycad Group, Hunt BioVentures, RA Capital Management, Blackwell Partners, Adage Capital Management, Deerfield Management Co. (Manhattan), EcoR1 Capital Fund, Jennison Associates (Manhattan), BioBrite, Dafna Capital Management, Deerfield Capital (Manhattan), El Chichon Partners, Franklin Resources Inc., Janus Capital Group, Pacific Life Insurance Co. asset management arm, Prudential Investments, individual investors Not disclosed/ Bonobos Inc. $30.0 Accel Management Co., Glynn GCI Capital Management, Nordstrom Inc., Lightspeed Venture Partners, Mousse Partners Ltd. (Manhattan), Forerunner Ventures Hillwood Investment Properties/Hacks Cross Logistics Center Building 1 $24.7 Gramercy Capital Corp. (Manhattan) SB M&A Integrated Electrical Services Inc. SB M&A ● ● ● DEALS ROUNDUP ● RETAIL ACI Worldwide Inc. (ACIW) Philip G. Heasley, chief executive, president and director, exercised options on 152,593 shares of common stock at $22.65 between March 15 and March 19, in a transaction worth $3,456,232. In the same period, he sold 152,593 shares of common stock at prices ranging from $47.76 to $48.41, in a transaction worth $7,352,874. He now directly holds 308,260 shares. Laurus Capital $24.0 Management (Manhattan), Tontine Capital Management/ MISCOR Group Ltd. Global Asset Capital, Bandera Partners (Manhattan)/ MakeMusic Inc. $17.4 LaunchEquity Partners (remaining 72.22%) FB M&A Not disclosed/ Auxmoney GmbH $12.0 Index Ventures, Union Square Ventures (Manhattan) SB M&A Selected deals announced for the week ended March 16 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 April 8, 2013 | Crain’s New York Business | 19 http://www.crainsnewyork.com/submitadeal http://www.nyc.gov/selltonyc http://www.nyc.gov/cityrecord http://www.nyc.gov/buildnyc http://www.nyc.gov/buildnyc http://a856-internet.nyc.gov/nycvendoronline/home.asp http://a856-internet.nyc.gov/nycvendoronline/home.asp http://www.669-8610.To

Table of Contents for the Digital Edition of Crains New York - April 8, 2013

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

Crains New York - April 8, 2013