Corrections or additions?
These articles by Barbara Fox were prepared for the
April 25, 2001 edition of U.S. 1 Newspaper. All rights reserved.
On the Move: Siemens and Morgan Stanley
08540. Frederick Mostert. 609-919-3700; fax, 609-919-3707. Home
Certus International, an E-commerce company, marks its presence at
the former property of Ford Farewell & Mills Architects — on
Road just off Route 1 in Plainsboro — with an elegant green and
gold sign. Its head, Frederick W. Mostert, has been honorary chairman
of the International Trade Association and has written extensively
on trademarks and intellectual property.
But a company spokesperson, citing a nondisclosure agreement, declined
to provide information, and the company’s web page is closed to the
Last month, just about the time the Dean Witter part
of the Morgan Stanley Dean Witter name officially disappeared, the
retail office of the brokerage firm moved from Lenox Drive to a former
facility of Merrill Lynch. Then Jeanne McPartland moved her
office from Route 206 to join the main group at Franklin Corner Road.
The new office is a stand-alone building and offers more room and
visibility, says Kaiko Hargrove, operations manager. About 55 people
Meanwhile a back-office division of Morgan Stanley has signed a
lease for 33,686 feet of space at 206 Carnegie Center. Greg Lezynski
and Patrick Luzzi of Gale & Wentworth represented the tenant, and
John K. Brandbergh did the lease for Boston Properties
The building has a total of 159,000 square feet and used to be solely
occupied by Covance. Now it has three additional tenants on the fourth
and fifth floors — Morgan Stanley, Velio Communications, and Exide
Lawrenceville 08648. Peter David, branch manager. 609-844-7900;
fax, 609-844-7950. Home page: www.ms.com.
303, Princeton 08540; 609-987-9001; fax, 609-987-0038. Home page:
A software company headquartered in Cary, North Carolina, is opening
an office at the Carnegie Center. Last fall Level 8 bought the rights
to Merrill Lynch’s "Cicero" software. Now the company is
to enhance the program used by more than 30,000 Merrill Lynch
The firm is traded on Nasdaq (LVEL) and has offices in the UK, France,
Germany, Sweden, and Italy.
Paul Rampel, the president, says that Cicero’s visual integration
platform can combine different applications into a simplified user
interface to view and update information. This interface is
good for call centers.
A biopharmaceutical firm based in France will set up its northeastern
U.S. headquarters at 502 Carnegie Center. Robert Bull of Julien J.
Studley represented the tenant.
202 Carnegie Center, Princeton 08540. Home page:
A telecommunications company based in Germany is coming to the
Center. This division of Siemens is not connected with the research
organization at the Forrestal Center. Jon Marks of Cushman & Wakefield
represented the Boca Raton-based firm.
Like Lucent or Nortel, Siemens ICN does enterprise-wide data and voice
telecommunications networks for major corporations such as Ford, Coca
Cola, and NASA.
CN 1, West Trenton 08628. Susanne Svizeny, regional president.
fax, 609-771-5774. Home page: www.firstunion.com.
The sixth-largest bank will soon be the fourth-largest bank in the
nation, behind Citigroup, J.P. Morgan Chase, and Bank of America,
when it finishes buying Wachovia Corp. of North Carolina. Because
Wachovia has no branches in New Jersey, no job cuts or major
changes are expected here. Wachovia’s offices are in Florida, Georgia,
North Carolina, South Carolina, and Virginia, while First Union is
in 11 eastern states and the District of Columbia. Signs will be up
by 2003 for the new bank’s 2,900 branches, 90,000 employees, and 19
Ken Thompson, CEO of First Union, will stay as president and CEO of
the new bank, but it will have the Wachovia name. Scotch Road will
remain the southern New Jersey corporate headquarters.
Princeton Forrestal Village, Box 430, Plainsboro 08536. Esther
broker of record. 609-951-8600; fax, 609-951-9695.
The Re/Max Greater Princeton office opened officially on Village
after a month in temporary quarters. This is the office for Esther
Capotosta, Joan Eisenberg, Claire McNew, Linda November, and Dawn
Petrozzini. Another office, Re/Max of Princeton, remains at 600
Road. Additional area branches include those in Pennington and
447 Bellevue Avenue, Trenton 08618-4502. Scott Sechrist, executive
director. 609-396-5874; fax, 609-396-3451. Home page:
The prevention agency is moving from 408 Bellevue to the other side
of the street, gaining an elevator, a receptionist’s area, a waiting
room with customer phone, an updated phone system, and enough private
offices to go round. The offices will be closed through April 30.
Mercerville 08619. 203-341-7010.
RX Remedy, a market research company with a magazine,
has closed its 12-person office on Quakerbridge Road and is in the
process of being sold. Operations continue on a reduced scale in
Connecticut, where there are three discrete divisions. RxEMEDY
publishes health advice, and management of that subscription database
yields various research reports and direct marketing opportunities.
The magazine claims to have the biggest over-55 health research
based on consumer behavior. It is based on information, not money,
and it has both a research and marketing component.
The second division is HealthScout (an Internet-based information
source that is resold to such portals as Compuserve, Yahoo, Infospace,
and Iwon), and third is Remedy Information Services, which collects
data from consumer panels.
The three businesses are being sold separately, says Karamjeet Paul,
chairman and CEO of RX Remedy, and he expects to announce the buyers
in several weeks. "The buyers see a tremendous amount of attention
in this area, and they plan to retain the people and grow the
says Paul. He graduated from India Institute of Technology in Bombay
in 1971 and has a graduate degree from Case Western Reserve.
Paul says his Internet site has flourished because he used a different
business model than most. "Most companies have spent a lot of
money attracting consumers to their sites. Our approach right from
the beginning has been that we would sell our information and tools
to companies that need content. You will find us at over 1,200
sites. Technology allows each portal to use a different design for
the same information."
This could be one of those "He who laughs last" cases.
were spending money like there was no tomorrow," says Paul,
we were told we missed the boat." He expects to announce the buyer
for each of the companies within the next several weeks.
M, Princeton Corporate Plaza, Monmouth Junction 08852. Burt Ensley,
CEO. 732-438-0900; fax, 732-438-1209.
Burt Ensley has sold his firm, NuCycle Therapy Inc., to Manhattan
Drug Company, a subsidiary of Integrative Health Companies Inc. It
is now located at 225 Long Avenue, Hillside 07025, but retains the
same phone and fax. Formerly known as Phytotech, the company uses
plants for nutritional mineral supplements.
08540. Ira Baseman, president. 609-497-9400; fax, 609-497-9433.
Ira Baseman has sold Nex-icom to Eureka GGN and now all calls are
being taken at the Manhattan office: 800-562-4206. As an integrated
service provider, it offers plug-in networks — data backup and
storage, remote network monitoring, security, server management,
support, and PC software distribution.
Princeton 08542-0158. James H. Fouss, vice chairman. 609-921-3333;
fax, 609-921-2611. Home page: www.roper.com.
Roper Starch’s call center at 3635 Quakerbridge Road has been closed,
and the work has been rerouted to the company’s three other call
around the country. Four full-time employees from the center have
been located to the 130-person State Road office. Says Jim Fouss,
the vice chairman and head of the Princeton research hub, "The
closing is due to the tight labor market and the high cost of
and retaining employees." Formerly known as Response Analysis,
the market research and consulting firm does survey design, data
and statistical analysis.
Campus: Guggenheim Building, Box 7455, Princeton 08543. Alan Todd,
vice president. 609-430-2125; fax, 609-430-1460. Home page:
The Advanced Energy Systems Group moved out of 2,500 square feet at
Airpark Drive and into 700 square feet in the Guggenheim building
on the Forrestal Campus. Rather appropriately, it is now a neighbor
of the Princeton Plasma Physics Laboratory. The company specializes
in accelerator and energy technology, such as electron accelerator
systems, free electron lasers, and plasma physics projects.
The Advanced Energy Systems Group used to belong to Northrop Grumman
but in 1998 the employees formed a new small business and bought the
assets — the personnel skilled in accelerator and fusion
the intellectual property, accelerator development laboratories,
machine shops, computational analysis systems and contracts. The
headquarters, in Medford, New York, has the machine shop that can
do full service engineering and physics analysis and design, in
to component fabrication.
08628. Timothy R. Cottrell, president. 609-883-2266.
The educational software and media producer moved from office space
on main street in Kingston in January, apparently to a location in
Ewing. The telephone connects to a full voice mail box and the website
is "temporarily unavailable."
Lawrenceville 08648. 609-219-1111; fax, 609-219-6727. Home page:
Ken Koreyva has resigned as president and CEO of the medical insurance
company. In February, 2000, he had replaced Daniel Goldberg, who was
arrested for growing two dozen marijuana plants at his house in Lower
Makefield, Pennsylvania. He pleaded guilty and received one year of
The company showed a profit of $20.8 million in 1999 but lost $36.5
million in 2000.
Trenton 08618. Gary Van Nostrand, president and CEO. 609-406-0100;
fax, 609-406-0307. Www.servbhs.org.
Gary Van Nostrand succeeds Charles Main as president and CEO of the
SERV Behavioral Health System family of companies, a statewide private
not-for-profit offering residential and outpatient mental health and
addiction services. Van Nostrand had been the executive vice president
and previously held a senior position at the Medical Center of
An alumnus of Tulane University, he did graduate studies at the
of Florida and a residency at the Mayo Clinic in Minnesota.
Among the organizations at this 27-year-old agency are the Center
for Innovative Family Achievements, SERV Centers of New Jersey, and
Diversified Family and Children’s Services.
office of attorney Thomas M. Russo III in Pennington.
at Princeton University Press.
Personnel Survey and Research Group at Research Park.
fabrics merchandising expert.
dental offices of Drs. Russo and Coyle.
first director of occupational health and safety.
of the New Jersey Board of Public Utilities and was a former mayor
of the Theater Guild of New Jersey and had been assistant editor of
the Trentonian newspaper.
schools and was married to the late Ralph D. Hulit. A memorial service
will be Sunday, May 20, at 1 p.m. at Nassau Presbyterian Church.
Piano Co. on North Olden Avenue.
with a degree from Princeton University (where he also was captain
of the basketball team) and a Ph.D. from Rutgers, he co-founded Ocean
Power Technology in Hopewell.
26 years with the Princeton Township Police Department.
director of the New Jersey Economic Development Authority and
had been a senior executive with several Wall Street firms. A memorial
service will be Thursday, April 26, at 6:30 p.m. at Stuart Country
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