City trying to downsize, says Dep. Mayor Steisel.City trying to downsize Downsize Reducing the size of a company by eliminating workers and/or divisions within the company. Notes: When a company downsizes, it is attempting to find ways to improve efficiency and increase profitability. It is sometimes referred to as trimming the fat. , says Dep. Mayor Steisel At its annual meeting held at the McGraw-Hill Building The McGraw-Hill Building' may refer to:
New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. First Deputy Mayor Norman Steisel. In his address to the 120 members and guests, Steisel discussed the city's current and future financial situation. Currently, he outlined, the city is striving to downsize its operations in order to meet its budgetary obligations for the next calendar year. As for the future, he sees the city as emerging from those budgetary restraints as a result of improving economic conditions. At the Association's Board of Directors meeting held just prior to the annual meeting, the board elected Roy G. Dollard as its president and Arthur M. Delmhorst, previously president, as chairman. Dollard is vice president, Network Services, New York Telephone The New York Telephone Company (NYTel) was organized in 1896, taking over the New York City operations of the American Bell Telephone Company. Predecessor companies The Telephone Company of New York Company. Delmhorst is a principal with Delmhorst, Barenholtz & Sheehan, real estate consultants. Elected by the board as vice president and member of the Association's Executive Committee was Lorian L. Marlantes, president and chief executive officer, Rockefeller Center Rockefeller Center, complex of buildings in central Manhattan, New York City, between 48th and 51st streets and Fifth Ave. and the Ave. of the Americas (Sixth Ave.). The project was sponsored by John D. Rockefeller, Jr. Management Corporation. Elected as director was Donald Kaplan, Executive vice president, W&M Properties. The Avenue of the Americas Association, organized in 1926, is a non-profit, civic association established to promote and maintain the civic, commercial and industrial welfare of the City of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of with particular emphasis on the Avenue of the Americas. In addition, and in concert with the Avenue's name, acts to improve the relationship among the peoples of the Western Hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. through better understanding and close cooperation. Since its formation the Association has caused the removal of the Sixth Avenue El, the construction of the Avenue's subway, upgraded zoning for a mjor part of the Avenue and developed the redesign and the rehabilitation of Bryant Park Bryant Park is a 9.603 acre (39,000 m²) public park located in the New York City borough of Manhattan. It is bounded by Fifth Avenue, Sixth Avenue, 40th Street and 42nd Street in Midtown Manhattan.[1] The central building of the New York Public Library is in the park. . Currently, the Association is actively engage in the planned reconstruction of the Avenue of the Americas scheduled to be completed at the end of 1992. Other officers of the Association are: Vice Presidents Carl T. Miller, vice president, Rockefeller Center Management Corp.; James W. O'Keefe, Jr., managing director, Kidder Peabody & Co. Incorporated; and Jerald W. Olson, vice president, Time Warner Time Warner Inc. (NYSE: TWX), formerly known as AOL Time Warner, is the world's largest media and entertainment conglomerate headquartered in New York City, with major operations in film, television, publishing, Internet service and telecommunications. , Inc.; Vice President and Treasurer Harold A. Gottesman, president, Edison Parking Corp; Vice President and Secretary Charles B. Retz, senior managing director, Williams Real Estate Co. Inc.; Executive Director Charles J. Calotta. PHOTO : At its annual meeting on May 16, held at the McGraw-Hill Building, the Avenue of the Americas Association's guest speaker was First Deputy Mayor Norman Steisel (center). Roy G. Dollard (L) was elected president of the Association and Arthur M. Delmhorst (R) elected chairman, previously president. Dollard is vice president, Network Services, New York Telephone Co. and Delmhorst is a principal at Delmhorst, Barenholtz & Sheehan, real estate consultants. |
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