Crains New York Demo - (Page 1)

INSIDE TOP STORIES 40 UNDER 40 ® Read all about them PAGES F1-F25 MARCH 26-APRIL 1, 2012 PRICE: $3.00 VOL. XXVIII, NO. 13 WWW.CRAINSNEWYORK.COM LARGE AND IN CHARGE: Observers describe an intense management style unlike anything New York has ever seen. Sweet project in danger of a total meltdown PAGE 2 NY studios casting for extra space A record number of TV, film productions keep stages booked as pilot season heats up BY MIRIAM KREININ SOUCCAR With a record number of film and television productions coming to New York, and another unusually busy pilot season, the city’s soundstages are overflowing with work. To keep up with the boom—which started when the state renewed its 30% tax credit for film production a year and a half ago—studios are racing to expand both their physical plants and their ancillary businesses, like lighting rental services. Executives at Long Island City, Queens-based Silvercup Studios are scouring the entire city for more spaces that are large enough for soundstages. See STUDIOS on Page 42 More red ink on the books at Reader’s Digest PAGE 2 Bank in the tank: Bad bet on rates sinks Hudson City PAGE 3 Really dumb move, Upper West Side GREG DAVID, PAGE 11 BUSINESS LIVES GOTHAM GIGS Hip-hop photograher keeps it real P. 47 ● ANNE FISHER How to shield your business from cybercrooks P. 47 MOVERS & SHAKERS Times Square BID’s Tim Tompkins P. 48 GAEL GREENE Chef goes back to his roots P. 49 ● THE BOSS Nothing gets done in this state without his say. It’s the Cuomo school of management BY JEREMY SMERD AND DANIEL MASSEY During a radio interview last fall, Gov. Andrew Cuomo proclaimed,“I am the government.” He didn’t mean to brag. But to those familiar with the inner workings of the Cuomo administration, his quip was simply a declaration of fact. “He is so unbelievably involved in almost everything,” said an Albany insider of Mr. Cuomo. “On one level, it’s very impressive because he’s a machine in the way he works. But it’s also completely paralyzing and debilitating because [agencies] can’t go to the bathroom without him giving the go-ahead.” Mr. Cuomo is not the first executive to involve himself in the minutiae of state operations. But in dozens of interviews,people inside or close to his administration portrayed an intense, micromanaging style that has kept his agencies almost perfectly in lockstep with his agenda. It has impressed longtime observers of Albany but also frustrated some state officials accustomed to more autonomy,sources said. To carry out an agenda that includes making the state more welcoming to business, Mr. Cuomo depends on a handful of trusted advisers ensconced in See CUOMO on Page 42 Wanted: a few huge tenants Developers hunt for that special someone to get projects going BY THERESA AGOVINO It’s a very exclusive club, with about 12 huge, closely watched, highly coveted corporate members.Each has the power to have a potentially major impact on the city’s skyline for years to come. They are the kingmakers, megatenants such as Credit Suisse, L’Oréal and Viacom. Each faces a major lease expiration in the coming years that gives it the power to transform building plans into concrete and glass by agreeing to become a tenant. With the real estate industry keen to shake off its See WANTED on Page 44 ● INDEX NEIGHBORHOOD JOURNAL _________________7 THE INSIDER___________________________________________________8 SMALL BUSINESS ______________________________________9 VIEWPOINT ___________________________________________________10 REAL ESTATE DEALS _____________________________12 CLASSIFIEDS ______________________________________________40 HOT JOBS ______________________________________________________47 EXECUTIVE MOVES _________________________________47 THE WEEK AHEAD ___________________________________49 newscom http://WWW.CRAINSNEWYORK.COM

Table of Contents for the Digital Edition of Crains New York Demo

Crains New York Demo
Contents
Sweet project in danger of a total meltdown
More red ink on the books at Reader’s Digest
Bank in the tank: Bad bet on rates sinks Hudson City
Neighborhood Journal
The Insider
Small Business
Viewpoint
Really dumb move, Upper West Side
Real Estate Deals
Classifieds
Business Lives
Hot Jobs
Executive Moves
The Week Ahead

Crains New York Demo