News

Northwell Health lifer tabbed as chief revenue officer

By GREGORY ZELLER // Northwell Health may be laser-focused on providing top healthcare services, but as one of New York State’s largest commercial enterprises, it also needs to take care of business. To that end, the New Hyde Park-based company – New York’s largest health system (by number of providers and number of patients) and largest private employer (with 66,000-plus workers, and counting) – has named a new chief revenue officer: Gerard Brogan Jr., a…


Past success, future hopes fuel LIREDC’s 2018 report

By GREGORY ZELLER // The Long Island Regional Economic Development Council has met its Oct. 1 deadline and submitted its annual progress report/wish list to the Empire State Development Corp., Albany’s main economic-development engine. The 2018 progress report, titled “Long Island: Completing the Puzzle,” both highlights the efforts of the Long Island REDC since Gov. Andrew Cuomo launched his competitive statewide economic-development program in 2011 and lists the projects the regional council hopes to support…


Extra credit: TFCU continues aggressive expansion

By GREGORY ZELLER // All others may take cash, but Teachers Federal takes credit. Unions, that is, as Hauppauge-based Teachers Federal Credit Union – one of the country’s largest federally insured credit unions – announced Monday the latest pick-up of its year-long spending spree: TFCU has acquired all member shares, along with some loans and other assets, of Woodside-based LOMTO Federal Credit Union. The latest takeover announcement comes less than a month after TFCU announced…


International partners looking to grow pot-tagging biz

By GREGORY ZELLER // Two months after introducing the world’s first DNA-based cannabis-tagging system, a Stony Brook biotech and its Canadian partner are looking to increase their stash of legal-marijuana growers. Supply-chain security and product-authentication specialist Applied DNA Sciences and Canadian pharmaceutical-solutions provider TheraCann International Benchmark Corp. this week announced an upgraded system designed to accommodate different sizes and type of growers – particularly larger-volume cannabis and hemp growers. The next generation of TheraCann International’s…


Cradle of Aviation gives a Hoot with new ‘Space’ show

By GREGORY ZELLER // Attention, space cadets: For a really out-of-this-world adventure, put down your new Blu-ray copy of “Solo” and beam over to the Cradle of Aviation Museum, where one of the planet’s largest interactive space exhibits is about to touch down. A “Star Wars” story is always fun, but nothing beats the real thing, and to that end, “Space: A Journey to Our Future” – a traveling NASA show sponsored locally by the…


Brookhaven IDA backs Triple Five’s Dowling plan

By GREGORY ZELLER // A New Jersey-based developer with high-flying plans for a new Long Island aviation hub has earned an assist from the Town of Brookhaven Industrial Development Agency. The IDA on Tuesday announced its final approval of an economic-incentives package that will help Triple Five Aviation Industries LLC, a subsidiary of East Rutherford-based Triple Five Worldwide Group, redevelop the former Dowling College campus in Shirley into what the development agency called an “aviation…


Long Island pet-chow firm will stay, thanks to IDA

By GREGORY ZELLER // Long Island’s largest pet-food company seems likely to remain a Long Island company, thanks to man’s best friend – at least, a good friend of regional enterprise. The Suffolk County Industrial Development Agency has issued preliminarily approval of an economic-development package that would help Deer Park-based Health Extension Pet Care – doing business as Holistic Health Extension – purchase, renovate and equip a new headquarters building. According to the IDA, the…


Old-school art, next-gen tech converge at Five Towns

By GREGORY ZELLER // Once the pipedream of an overactive imagination, a new Interactive Computer Graphics degree program is now resetting educational and professional trends at Five Towns College. With the start of the Fall 2018 semester, the Dix Hills-based college has officially introduced its new course, the masterwork of digital innovator Paul Lipsky, who spearheaded the effort – including creation of the program curriculum – in an effort to right some wrongs he perceives…


Hempstead advances three key development projects

By GREGORY ZELLER // It’s been a busy week in the Town of Hempstead, where local economic-development officials have hit the gas on a multitude of projects. The Hempstead Industrial Development Agency on Tuesday approved the sale of Park Lake Residences, an affordable-housing complex located in the Village of Hempstead, and the reassignment of existing economic benefits to the complex’s new owner. The IDA also granted preliminary approval to an economic-benefits package that will allow…


With new spinoff, biotech goes all-in on DNA sales

By GREGORY ZELLER // A Stony Brook biotech with a growing international reputation for supply-chain security has spun off a new company focused on DNA modification and production. Stony Brook-based Applied DNA Sciences on Tuesday announced the formation of LineaRx Inc., a wholly owned subsidiary that will concentrate on commercializing the parent company’s extensive experience in the design, manufacture and chemical modification of DNA by large-scale polymerase chain reaction – big news for scientists working…


This looks like a job for … Super Lawyers!

By GREGORY ZELLER // A bevy of Long Island attorneys representing a host of regional firms and numerous practice areas has landed on the 2018 Super Lawyers list. The list – which includes both “Super Lawyers” and “Rising Stars” in various fields of law – is based on a “patented multiphase selection process” involving peer nominations and evaluations and “independent research,” according to Canadian multinational mass-media and information firm Thomson Reuters. Thomason Reuters released its…


At Janam Technologies, have gun, will scan barcodes

By GREGORY ZELLER // They’ve set their phasers to stun at Janam Technologies, where the next generation of gun-shaped XG handheld devices goes where no mobile computer has gone before. Featuring a palm-pleasing pistol grip and handle-mounted battery pack, the new XG200 looks for all the world like a “Star Trek” ray gun. But instead of blasting Klingons with energy beams, the sturdy wireless device is designed to “enable peak performance in the most demanding…


For the Boyz From New York, style is an attitude

By GREGORY ZELLER // “Streetwear” may be rooted in the California surf culture, but the hoodies and hats in the Boyz From New York catalogue represent a decidedly different state of mind. Popularized first by Left Coast surfers and skaters, streetwear encompasses many elements of so-called “hip-hop fashion” (the clotheshorses over at GQ can tell you more). All of those elements – comfort, functionality, attitude – are front-and-center at circa-2018 startup Boyz From New York…


Brookhaven IDA considers Amneal expansion plan

By GREGORY ZELLER // A rapidly growing drug-maker may be able to keep up with skyrocketing “business dynamics” on Long Island, with a little help from the Brookhaven Industrial Development Agency. The IDA on Wednesday announced that it has accepted an application for a tax-relief package from Amneal Pharmaceuticals LLC, designed to help the New Jersey-based generic-pharma manufacturer expand its Island operations. Amneal Pharmaceuticals, which weighs in as the fifth-largest U.S. generics manufacturer, already operates…


In Merrill Lynch deal, another score for SmartCoparent

By GREGORY ZELLER // An up-and-coming app angling itself as the best friend of the separated co-parent is now offering access to top-shelf Merrill Lynch financial advisors – the first of a series of carefully selected experts familiar with the “unique and complex financial characteristics” of divorced families. So says Gregory Wagner, founder and CEO of Hauppauge-based Aeonic Ventures, producer of the SmartCoparent app, an all-in-one digital platform designed to simplify the often-chaotic lives of…