LIA

Long Island REDC rebounds with ‘Top’ $84.3M haul

By GREGORY ZELLER // The Long Island Regional Economic Development Council is back on top, once again ranked as a “Top Performer” in Albany’s annual REDC sweepstakes with a hefty $84.3 million haul. That’s terrific news for the “priority” and “regionally significant” projects on the LIREDC’s 2017 wish list, which included funding for a waterfront revitalization effort in Greenport, a new technology-focused Digital Ballpark business incubator in the Wyandanch Village development and 31 other projects…


Cuomo rides the rails at LIA luncheon

By GREGORY ZELLER // A day after New Jersey Gov. Chris Christie was lustily booed at Citi Field after snagging a foul ball, New York’s own Andrew Cuomo gracefully fielded a pop-up – and brought down the house – at a Long Island Association luncheon. Playing to an extremely favorable crowd at the Crest Hollow Country Club in Woodbury, Cuomo was interrupted by several ovations as he reported progress on multiple fronts in the state’s…


With $800 million at stake, let the games begin

It’s on: Governor Andrew Cuomo on Tuesday officially opened the seventh round of the annual Regional Economic Development Council competition, a statewide funding contest in which each of the state’s 10 economic-development zones wins, but some win more. This year, the 10 REDCs will be combing through individual project pitches and preparing master proposals for their slice of the chunkiest state pie yet: more than $800 million in economic-development resources, including grants, tax breaks and…


Feds set wind-energy lease sale for LI waters

By CARL CORRY // More than 80,000 acres of federal waters about 11 miles off the coast of Long Island will be made available to lease for off-shore wind-energy development, the Obama administration announced this week. The proposed lease area of 81,130 acres off the Rockaways comprises the New York Wind Energy Area, which the U.S. Department of Interior’s Bureau of Ocean Energy Management identified earlier this year in consultation with the New York Intergovernmental Renewable…


Cuomo ramps up LIRR third-track initiative

Four community meetings and a new informational website are among the progressive efforts trumpeted Thursday by Gov. Andrew Cuomo regarding his Long Island Rail Road expansion project. Billing them “major steps forward” for the long-debated project, which aims to improve train traffic through a historically bottlenecked 9.8-mile stretch in Nassau County, Cuomo announced the four public meetings – scheduled for May 24 and 25 in New Hyde Park, Hempstead, Westbury and Hicksville – and other…


Local government a hindrance, not help, CEOs say

More than 90 percent of Long Island CEOs think government does a poor to middling job of helping business, although more than half still think the region is a good to excellent place to soldier on in, according to a new survey. Sponsored by the LIA and conducted by the Siena College Research Institute, the survey suggests that seven in 10 business leaders believe the region’s high cost of living, traffic congestion and lack of…


The Debrief: Linda Amper is breathing life into the life sciences

The Long Island Association has hired former OSI Pharmaceuticals exec Linda Amper to help launch Long Island Bio, a business-development platform to be co-chaired by Cold Spring Harbor Laboratory chief Bruce Stillman and Canon USA Executive VP Seymour Liebman. The biotech, pharma and life sciences platform is right in Amper’s wheelhouse: The PhD (healthcare administration, Columbia Southern), who also holds a master’s in public administration from LIU Post, spent years in senior-executive positions with OSI…