Westchester County Business Journal 07/09/12 issue

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WCBJ

WESTCHESTER COUNTY

BUSINESS JOURNAL

YOUR only SOURCE FOR regional BUSINESS NEWS | westfaironline.com

July 9, 2012 | VOL. 48, No. 28

john golden

Supreme Court ruling brings mixed response BY JOHN GOLDEN jgolden@westfairinc.com

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he U.S. Supreme Court’s 5-4 ruling that upheld the Affordable Care Act’s mandate on individual insurance coverage by 2014 was received in Westchester and beyond with praise mixed with sharp criticism, business-as-usual shrugs and warnings of reform work yet to be done. With the landmark ruling behind, many in the health care and insurance industries said they are focused on the details of the state health insurance exchange taking shape this year. In the wake of the long-awaited ruling, “I think it’s sort of business as usual,” said St. John’s Riverside Hospital spokeswoman Denise Mananas in Yonkers. “We were working toward (implementing) the law as though it was going to be upheld.” “Since Thursday (when the Supreme Court ruled),” said Supreme Court, page 6

Father and son relaunch supplement company Plans include expansion of offerings, staff BY PATRICK GALLAGHER pgallagher@westfairinc.com

Reel-life heroes • 2 Steven K. Oto and Anthony Desiato inside Oto’s Alternate Realities shop.

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even months after acquiring the former Nutrition 21 Inc. in a bankruptcy auction, the father-son team of Phillip and Michael Satow has resurrected the nutritional supplement company with hopes of entering the drug development business. The Purchase business was officially relaunched June 27 as Nutrition 21 L.L.C., with Michael Satow named president and CEO and his father, Phillip, serving as chairman. Father and son, page 6

designed to survive • 13

new mix on Platinum Mile • 15


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