LIREDC

Albany backs NYIT’s next-gen bioengineering lab

By GREGORY ZELLER // A new bioengineering laboratory is coming to the New York Institute of Technology’s Old Westbury campus, thanks to a hefty state award. The Empire State Development Corp. on Wednesday announced a $150,000 grant that will help NYIT establish the Bio-Nanotechnology and Biomaterials Laboratory, a research- and innovation-focused bioengineering lab packed with next-level tech facilitating specialized research into complex bioengineering, artificial-intelligence and life-sciences issues. The grant was awarded through Round 7 of…


Forget something? NY’s life-sci panel (mostly) stiffs LI

By GREGORY ZELLER // Eyeing a “vibrant life-sciences ecosystem” across the state, Gov. Andrew Cuomo announced Thursday the launch of a new Life Science Advisory Board – but the high-profile panel largely overlooks life-sciences-heavy Long Island. Although Albany would seem to consider the Island a hotbed of biotech and health-science research and commercialization, none of the region’s major research institutions or life-science enterprises are represented on the new LSAB. So, no one to share updates…


No. 266: Luminati back at the dance, LIREDC on top and the LIRR on track three

Glad tidings: Happy Friday, readers old and new, and a special hello to Innovate Long Island’s newest sponsor, Uniondale law firm Ruskin Moscou Faltischek. Welcome to the show! Yellow peg: One of the great board games in history was “first conceived” on this date, according to ThoughtCo.’s unofficial History of Trivial Pursuit, which pegs Dec. 15 as the day Canadian newspapermen Chris Haney and Scott Abbott – over a game of Scrabble, natch – invented…


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…


In REDC love fest, CSHL kicks off $75M makeover

By GREGORY ZELLER // There was another major advance for biochemistry Thursday at Cold Spring Harbor Laboratory, but this one didn’t involve gas chromatographs or infrared spectrometers or a single test tube. Just a shovel. With Gov. Andrew Cuomo and a host of regional and state representatives on hand, the world-class scientific research facility officially broke ground on the renovation of its Demerec Laboratory, one of four CSHL laboratories being remade with a big assist…


Suffolk: Something co-working at Wyandanch Rising

By GREGORY ZELLER // The retail side of the Wyandanch Rising redevelopment project isn’t ascending as quickly as the residential side – but the imbalance has created a unique workforce-development opportunity, and Suffolk County is looking to pounce. The county on Friday applied to the Long Island Regional Economic Development Council for funding to open a technology-focused co-working operation in the Town of Babylon’s ambitious Wyandanch redevelopment project, a smart growth-fueled, mixed-use remaking of 142…


Bell rings for Round 2 of $100M downtown initiative

New York State’s Downtown Revitalization Initiative is back for a $100 million second round. Governor Andrew Cuomo has announced the launch of Round 2 of the program, which will once again offer monetary and other support to the creation of Strategic Investment Plans for rebuilding efforts in 10 designated downtown communities across the state. The initiative, part of a “comprehensive approach” to neighborhood and economic transformations across New York, looks to “build upon the successful…


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…


Meanwhile, Albany tells science: We’ve got your back

By GREGORY ZELLER // Even as the Trump Administration levels its big guns at national funding for scientific research, New York State is doubling down on its commitment to life sciences. Leaders of business and medical-research organizations across the state are hailing Albany’s 10-year, $620 million plan to turn New York into one big life-sciences cluster. The economic-development strategy was championed by Gov. Andrew Cuomo and adopted by the state Legislature this week as part…


LI rainmakers applaud Albany’s life-science focus

By GREGORY ZELLER // A day before sharing his 2017 social and economic vision for Long Island, Gov. Andrew Cuomo offered some music for the Island’s ears. Cuomo, who on Monday delivered the Buffalo and New York City versions of his 2017 State of the State proposals, is scheduled to bring his annual SOTS tour east on Tuesday. But first, his office reaffirmed the governor’s plans to pump $650 million into the state’s burgeoning life-sciences…


LIREDC takes victory lap around Adelphi’s Nexus

The Long Island Regional Development Council brought home “only” $62 million in state economic-development funds in the 2016 REDC competition, but it can lick its wounds while watching its six-year, half-billion-dollar haul do its work. That includes an LIREDC-backed project that came to fruition this week on Adelphi University’s Garden City campus, where the school officially cut the ribbon on its state-of-the-art, 100,000-square-foot Nexus Building. The $76 million centerpiece of Adelphi’s grounds – which houses…


LIREDC can’t win ’em all, but finds solace in $62M

By GREGORY ZELLER // While $62 million is nothing to sneeze at, it’s fair to say the Long Island Regional Economic Development Council was hoping for more. The LIREDC – a four-time “Top Performer” in Empire State Development’s annual funding contest, which marked the completion of its sixth round Thursday with an Albany awards ceremony – had submitted an ambitious agenda filled with 112 projects covering biotechnology, synthetics manufacturing, aerospace and half-a-dozen other key industries,…


LIREDC 2016: Synthetic leather, wings and prayers

By GREGORY ZELLER // With a string of annual victories under its belt, the Long Island Regional Economic Development Council is shooting for the moon, once again. This week, the LIREDC – co-chaired by Hofstra University President Stuart Rabinowitz and Long Island Association President Kevin Law – recommended 112 distinct projects for tens of millions of dollars in state aid, to be doled out later this year through Gov. Andrew Cuomo’s annual REDC competition. Among…


Downtown development: Jobs are Job No. 1

By ROSALIE DRAGO // The Governor’s Conference on Sustainable Development & Collaborative Governance, held Wednesday in Melville, facilitated an important dialogue around the hot topic of downtown redevelopment. Long Island currently has over a dozen town centers in various stages of redevelopment or revitalization, so discussion on this topic is both relevant and timely. But for downtown development and revitalization to achieve its potency as an economic engine, consideration for jobs – What will they…


Praise for Westbury’s $10M downtown award

By GREGORY ZELLER // Downtown Westbury will get a $10 million lift through Gov. Andrew Cuomo’s Downtown Revitalization Initiative. Cuomo, who’s been touring New York’s 10 economic zones this week handing out $10 million stipends to reward downtown planning proposals, visited The Space at Westbury theater Thursday afternoon to pump up community-revitalization efforts in the village’s downtown area. The Downtown Revitalization Initiative, first announced in Cuomo’s 2016 State of the State address, is a comprehensive…