Though tourists and natives alike know South Street Seaport forits shopping, views and seafood restaurants, The Glazier Groupisn't in the business of selling to the crowds. "We are basicallyin the corporate catering business," explains CEO Peter Glazier."So this would be an extension into conferences and exhibits."

As for the gloom and doom economic forecasts, Glazier is not allthat concerned. "We don't do all that much business withInternet-related firms. We do a tremendous amount of business withWall Street, in part due to our location and space. And thisholiday season has been the best the company has ever had."

Having Wall Street as a client base usually makes for a happyholiday. Recently, New York State Comptroller H. Carl. McCallpredicted a record $13.3 billion in bonuses would be paid out inthe securities industry, making party time second in importance totrading time.