The Wall Street Journal - 11.03.2020

(Rick Simeone) #1

A10B| Wednesday, March 11, 2020 THE WALL STREET JOURNAL.**


a meeting space booking plat-
form that offers many inten-
tionally Instagrammable con-
ference and workshop spaces
in New York City and around
the globe.
The loft-like lounge at per-
sonal-finance advisory firm
the Financial Gym in Manhat-
tan has that Instagram look.
It has an airy feel, a bold
color scheme and backdrops
like the “Money Bar” de-
signed to encourage young
clients to share their adven-
tures in “adulting.”
The most popular spot for
photos is the floor-to-ceiling
“Know Your Worth” slogan
wall, which clients use to
broadcast recent efforts at, say,
salary negotiation, says Mar-
keting Manager Emily Egan.
If you were born before
1980, it is hard to compre-
hend why anyone would post
a photo taken with their fi-
nancial planner. But some
millennials are eager to share
many moments of their day
online, says Michelle Decker,
an associate vice president
with CallisonRTKL, who has
created Instagrammable cell-
phone stores and fitness stu-
dios.
The power of such spaces
to generate free advertising
is such that their creation of-
ten is included in a com-
pany’s marketing budget
rather than its architectural
budget, Ms. Decker notes.
Some companies take ex-
traordinary measures to cre-
ate photo opportunities. Visi-
tors to the new Manhattan
headquarters of ticket search
engine SeatGeek, for in-
stance, encounter an elabo-
rately decorated series of

“fan bedrooms” facing the re-
ception lounge.

E


ach is painstakingly
decorated to look like a
teenager’s bedroom
from the 1990s, down to the
vintage NSYNC posters, VHS
tapes and cordless phone
with an antenna.
“I was asked to create a
branded moment in the
space, a ‘wow moment’ for
any visitor who comes
through the door,” says Seat-
Geek creative director Tim
McCarthy, who furnished the
rooms largely with memora-
bilia found on eBay and Etsy.
The three rooms aim to im-
press visiting investors, cli-
ents and potential hires alike
with the company’s commit-
ment to fan culture—and to
generate free marketing.

“People come in off the
street wanting to see it and
take photos,” says Mr.
McCarthy, who declined to
say how much SeatGeek
spent on the quirky installa-
tion. “It’s good exposure for
us as a brand.”
While a space may be
highly Instagram worthy, it
doesn’t hurt to encourage
photo sharing with a few
prompts.
HENRY the Dentist, a New
Jersey dental startup, posts
signs in its brightly branded
operatories displaying its so-
cial-media hashtag and handle.
It also has launched contests,
offering a free whitening kit,
for example, to patients who
post photos detailing their
dental adventures.
Brooklyn’s Dumbo Moving
& Storage has long plastered

its nearly 100 moving vans
with provocative ads to en-
courage sharing on social me-
dia.

L


ior Rachmany, founder
and chief executive offi-
cer—who estimates that
every positive post generates
an additional $1,000 to $5,
a month in business for his
fast-growing company—says
the effort doesn’t stop there.
His movers receive a $25 to
$50 bonus every time they get
a customer to snap a selfie
with the crew.
And to make sure the guys
look good on camera, he
says, he typically orders their
T-shirts a size smaller than
the norm. “They look a little
bit more buff,” he says.

[email protected]

GREATERNEWYORK


BROOKLYN

Self-Help Guru is
Seeking a New Trial

The leader of a cult-like self-
improvement group that at-
tracted heiresses and Hollywood
actresses is requesting a new
trial in his sex-trafficking case.
A jury convicted Keith Raniere
in June on all counts of sex-traf-
ficking and coercing women into
sex. He and his lawyers filed a
motion in Brooklyn federal court
for a new trial, arguing that two
witnesses perjured themselves
when they denied they were
planning to sue him after the trial.
The two women who testi-
fied at Mr. Raniere’s trial are
part of an 80-plaintiff lawsuit
filed in January against Mr. Ra-
niere and members of NXIVM’s
top leadership, the motion said.
Mr. Raniere, who is set to be
sentenced on April 16, is ex-
pected to receive a 15-year man-
datory minimum penalty and
could get up to life in prison.
—Associated Press

CONNECTICUT

Killer Found Dead
In River, Police Say

A Connecticut man fatally
stabbed a woman and tried to
escape by jumping into a river,
but was later found dead in the
water, police said Tuesday.
Officers were called to a park
in New Milford at about 7 p.m.
Monday after witnesses re-
ported a fight and stabbing. The

suspect fled and jumped into the
Housatonic River, they said.
New Milford police found the
38-year-old woman suffering
from multiple stab wounds. She
was taken to a hospital, where
she was pronounced dead, offi-
cials said. A police dive team
found the 32-year-old man’s body
at about 9:15 p.m., police said.
Authorities believe the man and
woman were Danbury residents
who knew each other. Their
names haven’t been released.
—Associated Press

NEW JERSEY

Town Gets Court
Reprieve on Closures

Leonia, a town near the
George Washington Bridge, has
won a court reprieve in its effort
to close residential streets to re-
duce gridlock from commuters
using navigation apps.
Leonia implemented the clo-
sures after the town passed ordi-
nances limiting traffic on some
streets to local residents or non-
residents having business in town.
The state Department of Transpor-
tation ruled the ordinances were
legally invalid. The town appealed.
Recently, a three-judge panel
ruled that the DOT didn’t con-
duct an adequate investigation
before it issued its finding and
shouldn’t have relied on a 1955
opinion by the state attorney
general as justification for its
decision. Messages seeking com-
ment were left with the Leonia
mayor’s office and the DOT.
—Associated Press

New York lawmakers, facing
a $6 billion budget deficit, be-
gan the month with an opti-
mistic projection. Stock mar-
kets were doing well, Wall
Street bonuses were coming in
strong, and lawmakers could
plug some of the gap by as-
suming another $700 million
in revenue was coming.
Also at the beginning of the
month, the state confirmed its
first case of novel coronavirus.
With U.S. markets in tur-
moil and the potential for an
economic slowdown fueled by
closures and cancellations ris-
ing, Gov. Andrew Cuomo on
Tuesday asked the state comp-
troller, Thomas DiNapoli, to
reassess the revenue situation.
His determination will have
a major impact on the spend-
ing plan that lawmakers are
crafting before the state fiscal
year ends March 31. Mr.
Cuomo, a Democrat, proposed
a $178 billion budget that
didn’t increase taxes. Demo-
crats who control the state As-
sembly and Senate are set to
unveil counterproposals.
“It’s pretty obvious there
are significant risks now to
the economy and certainly
state revenue,” Mr. DiNapoli
said in an interview.
Mr. DiNapoli, a Democrat,
said analysts in his office will
examine the most recent data
regarding tax collections, tour-
ism and the performance of
Wall Street firms. Mr. DiNapoli’s
office publishes an annual esti-
mate of profits and bonuses in
New York’s securities industry
and found that it accounted for
18% of state revenue in the fis-
cal year that ended in 2018.
The S&P 500 is down 14%
over the past month. The KBW
Nasdaq Bank Index is down
29% over the same period.
Mr. Cuomo said during a
Tuesday radio interview that the
effects of the coronavirus likely
would decrease revenue. New
York has 173 confirmed cases.
“Forget just the stock mar-
ket and the financial bonuses,”
Mr. Cuomo said. “Reservations
at hotels are being canceled.
Businesses are canceling their
meetings. Conventions are
canceling, restaurants are
empty, tourism is way down.
You may be looking at a nine-
month economic slowdown
across the board.”
State officials jointly esti-
mated on March 1 that they
would collect about $57 billion
of personal income taxes in
the coming fiscal year, the
largest revenue stream in the
budget.
Fiscal watchdogs said the
reconsideration was a prudent
step, given the spread of the
virus.


BYJIMMYVIELKIND


Cuomo


Warns


Revenue


Will Drop


METRO MONEY|Anne Kadet


Businesses Shoot for Photo Appeal


The waiting
room at Small
Door Veteri-
nary, a pet-
care practice
recently
launched in Greenwich Vil-
lage, serves a double func-
tion. Yes, it’s devised to pro-
vide a relaxing environment
for pets and their owners.
But it was also carefully de-
signed to encourage photo
taking and online sharing. It
is, as they say, highly “Insta-
grammable.”
The accent colors—orange
and black—pop on camera. The
lighting eliminates harsh shad-
ows. And there are features
throughout the space designed
for staging photos, including a
mock doggy door carved into
the reception desk.
The hope: That visitors
will post photos taken in the
waiting room, creating free
advertising for Small Door.
“The pet space is heavily
Instagram-friendly. People
love seeing pictures of pup-
pies and dogs and cats,” says
Small Door co-founder and
President Florent Peyre. “It
felt like an amazing opportu-
nity to get the word out.”
And it seems to be work-
ing. Small Door says 14% of
its patients are coming
through Instagram.
Yes, retailers and restau-
rants have been creating
photo-friendly spaces for
years in hopes of generating
free Instagram, Facebook and
Twitter exposure.
But in New York City, the
practice has spread to in-
clude spaces where you
wouldn’t expect visitors to be
snapping selfies—including
conference rooms, spas and
medical offices. It isn’t
enough to look good in real
life these days. A space has
to look good on camera.
“We believe any place,
anywhere should be Insta-
grammable,” says Noah Wax-
man, co-founder and head of
strategy of Cactus, a Brook-
lyn design studio that has
created photo-friendly spaces
for a New York City hospital’s
diagnostic center and a local
cosmetic-dermatology prac-
tice.

S


uch spaces often feature
diffuse lighting, visually
interesting but spare, ca-
sual décor and bright accent
colors set against a neutral
backdrop. Along, with, of
course, a photo wall bearing
an inspirational quote in a
daffy font.
“For me Instagram often
suggests bright colors, pas-
tels, something glossy or
floaty that looks a little too
perfect to be true—a bit
dreamlike or removed from
the day-to-day,” says Julian
Jost, co-founder and chief ex-
ecutive officer of Spacebase,

Martine White snapped a photo of her Bernedoodle, Yogi, at Small Door Veterinary in Manhattan last week.

FROM TOP: ANNE KADET FOR THE WALL STREET JOURNAL; BESS ADLER FOR THE WALL STREET JOURNAL
Rebekah Trice, left, took a selfie with financial trainer Jacqueline Keeley at the Financial Gym.

GREATER NEW YORK


NY
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