andrew presberg

Mirabella bows, generations change at the LIBDC

By GREGORY ZELLER // A “council of elders” works great in the movies, but for 21st century business development, only fresh thinking will do. This is Edward Mirabella’s mindset, at least, as he trumpets “young, new blood” and steps down as co-chairman of the Long Island Business Development Council Executive Board, effective Oct. 31. Mirabella, a 43-year commercial banking veteran who launched Wantagh-based corporate consultancy Mirabella Associates in 2006, will continue as treasurer of the…


New era, same mission as golden LIBDC plans ahead

By GREGORY ZELLER // Invention, and reinvention. They are the manifestation of creativity and the heart of innovation. True today, on a Long Island staking a claim as a leading biosciences hub; true a half-century ago, when a unique combination of potato farms and cutting-edge aerospace defined an otherwise sparse suburbia. The current leadership of the Long Island Business Development Council, which turns 50 this year, is a reinvention of sorts – a forward-thinking team…


Brookhaven IDA backs remake of former IRS center

A former Internal Revenue Service office will be converted into nearly 50,000 square feet of industrial spaces, with the Brookhaven Industrial Development Agency’s help. The town IDA has approved an incentives-laden economic-development package for Holtsville Industrial LLC, a real estate firm owned by Lawrence Frisina, owner of Bethpage-based E&F Trucking and Warehouse, and broker Tod Buckvar. Holtsville Industrial will renovate a currently vacant building that, until 2013, served as an IRS call center. The real…


No. 255: Good boardrooms, better breast surgeries, best way to drink Scotch

That’s a wrap: It’s Friday, friends, and the end of another busy week for the Long Island innovation economy. Welcome new readers Betty, Beth and Elizabeth – we assume that’s three people – and please remember to tell your friends all about us. Please also jeer us, revere us and otherwise keep us in the loop at editor@innovateli.com. Remember, it’s your innovation economy – we just chronicle it. Those were the days: It’s Nov. 3,…