New Spaces For Architects

New in Real Estate

Contracts Awarded

New Management

Deaths

Corrections or additions?

These articles were prepared for the January 14, 2004 issue of

U.S. 1 Newspaper. All rights reserved.

Life in the Fast Lane

Every job has its lingo, but the lingo for energy traders is one of

the most abstruse. Take the term "crack spread," which sounds like

some kind of illegal sandwich flavoring. It shows up in an online test

for energy traders run by an international energy data management and

training firm, Fame Information Services/Oxford Princeton Programme.

After nearly 15 years at Princeton Forrestal Village, this company is

splitting, and half of the operations are going to New York, with the

other half expanding here.

Fame Information Services has left a 10,000 square foot office on

Village Boulevard to consolidate its operations in Manhattan. Formerly

known as Saladin and then bought by Fame, it has now been bought by

Sungard, with the sale expected to close this month. The training arm

of the company, Oxford Princeton Programme, did not go with that deal

and is staying in Princeton.

"In Princeton we had our data developers, but our lease was expiring,"

says Paul Mattison, the New York-based COO of Fame. "And we were

trying to consolidate our operations across the states." Worldwide,

FAME has over 600 customers in 40 countries and employs 250 people, 70

in Manhattan. Of the 15 employees who moved from Princeton, 11 went to

New York and four to a Sungard facility in Mount Laurel.

FAME Information Services Inc. offers decision-support solutions for

the world’s financial and energy markets. It loads closing stock

prices into a central data warehouse, where the data is cleansed and

made available to customers, who can use it to run sophisticated

analyses on, for instance, what price to buy oil or what the shipping

prices are.

Fame programmers have their own C-based language but also use Java and

relational databases. "What we provide is the integration of

technology and understanding of the data," says Mattison. "We have

market expertise – our best programmers are the ones with the market

knowledge."

The Oxford Princeton Programme retains a dozen employees at Forrestal

Village to offer web-based and instructor-led training in the energy

and commodities industries. When the sale of Fame to Sungard closes,

this division will be independent.

Formed in 2000 by the merger of American and British companies, the

Oxford Princeton Programme has one online training service and two

instructor-led schools. Online training in energy, commodity, and

derivatives industries is offered through www.princetonlive.com.

Courses include the oil, petrochemicals, natural gas, and coal

industries. It also has a series of courses on trading, derivatives,

hedging and risk management. OPP’s instructor-led schools are

Princeton Energy Program (which has 30 one or two-day workshops) and

the College of Petroleum and Energy Studies, which has workshops on

oil, petrochemicals, and shipping, mostly in Oxford, England.

So what about crack spread? The term pops up in an assessment test on

www.princetonlife.com. It comes from an oil refinery process known as

cracking, and it refers to "equal and offsetting positions in crude

oil on one side and refined products, particularly gasoline and

heating oil, on the other." Now you know.

Fame Information Services, 888 Seventh Avenue, 12th

Floor, New York 10106, 212-506-0300; fax, 212-977-7144. Dale Richards,

CEO. Www.fame.com

Oxford Princeton Programme, 116 Village Boulevard,

Princeton Forrestal Village, Suite 301, Princeton 08540. Clara

Lippert, division president. 609-520-9099; fax, 609-520-8457.

Www.princetonlive.com

Top Of Page
New Spaces For Architects

CUH2A, 1000 Lenox Drive, Lawrenceville 08648. John R.A.

Scott AIA, president. 609-844-1212; fax, 609-799-7700. Home page:

www.cuh2a.com

CUH2A, a 220-employee architecture and engineering firm, has moved

from 65,000 feet in two buildings at the Carnegie Center to occupy

50,000 square feet, a four-floor building on Lenox Drive. Phone and

fax are new.

"Our leases were expiring, and we were looking for a more efficient,

cost-effective space," says Jeff Dayton, managing director of the

Princeton office. The previous occupant, Highlands Insurance Group,

went into bankruptcy and moved to Phillips Drive in Ewing. Lease

Ruddick was the project manager and Dan Rew was architectural designer

for this project, which involved gutting and refitting the space.

"Over here we have more of an open plan," says Dayton, "with only four

closed door offices – for the president, the COO, the legal counsel,

and HR. The rest of us are at open workstations that we can rearrange

in different teams." Tones of yellow and blue highlight core elements.

"We wanted the design to reflect our position as the largest AEP

(architecture, engineering, and planning) firm that focuses on science

and technology facilities," says Dayton, "and to showcase what we do,

the people, the energy, and the excitement."

Pierre Coutin, 600 Ringoes Rosemont Road, Box 128,

Sergeantsville 08557-0128. 609-397-6950; fax, 609-397-6951.

Architect Pierre Coutin has moved from his long-time office on

Witherspoon Street in Princeton to be closer to his home.

Top Of Page
New in Real Estate

Lori Gaffney, Rich Gittleman, and Jane Moni have left the Julian J.

Studley firm in Edison to be equal partners in Triad Properties at 100

Overlook Center.

"We wanted the opportunity to do a broader range of services," says

Gittleman, "and Studley is primarily for tenant representation tenant

rep. We wanted to do some investment sales, hopefully to own some

buildings down the line."

"We’re out there knocking on doors," says Gittleman.

Triad Properties LLC, 100 Overlook Center, Suite 200,

Princeton 08540. 609-375-2420; fax, 609-375-2680. Home page:

www.triadprop.com

While three people left the Julian Studley company because they wanted

to do more than tenant representation, Robert Sobol left the Acclaim

Group in Cranford to open his own office to do just that. From a Main

Street office in Woodbridge, Sobol will focus on tenant

representation, but he will also do site selection, relocation and

property disposition.

He has worked for ONCOR International, then for the Acclaim Group.

"Both of those firms represent both tenants and landlords, and I

perceived a conflict of interest," says Sobol. "So I started my own

firm to represent only tenants and owner-occupied buildings." Among

his clients have been Sycamore Ventures, Diebold, Kemper Insurance,

and the Gannett Companies.

R.P. Sobol & Co. LLC, 199 Main Street, Woodbridge 07095.

Robert P. Sobol, president. 732-750-8858; fax, 732-750-8955.

Top Of Page
Contracts Awarded

Valera Pharmaceuticals, 8 Clarke Drive, Cedar Brook

Corporate Center, Cranbury 08512. David Tierney, vice president.

609-409-9010; fax, 609-409-1650. Home page: www.valerapharmaceuticals

Valera Pharmaceuticals has filed a new drug application with the Food

and Drug Administration for Vantas, an advanced prostate cancer

treatment product. Medication is delivered through a 1.5-inch tube,

made of hydrogel polymers, that is surgically inserted into the upper

arm and releases medication over a 12-month period.

If the drug is approved this year, the company will hire at least a

20-person sales force. The same hydrogel polymer delivery method could

be used to treat other disorders, such as drug addiction,

hypertension, and growth hormone disorders.

Valera was formerly known as HydroMed Sciences (U.S. 1, October 28,

1998).

Top Of Page
New Management

TAH Industries Inc., 8 Applegate Drive, Robbinsville

08691. Terry A. Horner, president. 609-259-9222; fax, 609-259-0957.

Home page: www.tah.com

Daniel W. Mottram has been promoted from executive vice president to

president of TAH Industries Inc. Terry A. Horner, former president,

will be board chairman of the 100-person firm.

Founded in 1976, the company makes motionless mixers and cartridge

systems for adhesives and sealants, needed by dentists and by the

automotive, pharma, and food industries.

Top Of Page
Deaths

Barbara L. Sand on December 22. She was creator and director of the

Princeton Summer Chamber Music Concerts. A service will be Tuesday,

January 27, at 3 p.m. at Stephen Wise Synagogue in Manhattan. (30 West

68th Street).

Arthur Kimmel, 84, on December 25. He founded PDQ Press at 43

Princeton-Hightstown Road, now operated by his son, Mark.

Henry A. Jandl, 93, on January 3. He taught architecture at Princeton

University and designed Princeton Borough Hall and the YWCA building.

John L. Burke, 76, on January 7. He had been postmaster in Princeton

Junction.

Corrections or additions?


This page is published by PrincetonInfo.com

— the web site for U.S. 1 Newspaper in Princeton, New Jersey.

Facebook Comments