Lt. Gov. Kathy Hochul

No. 426: Campus construction, downtown reconstruction and FEW function (also, your iPhone might be fake)

  Friday, finally: The innovation economy never rests, dear readers, but we humans do – thankfully, our latest socioeconomic sprint has brought us to the edge of another well-earned weekend. Great work. Independence Day II: It’s Aug. 2 out there, making this the actual anniversary of the signing of the Declaration of Independence. As any AP History student can tell you, the infamous up-yours to King George III was signed by a majority of Second…


In Contract Pharmacal, Albany’s job-making blueprint

By GREGORY ZELLER // New York might not have the best reputation among national entrepreneurs, but that doesn’t mean an independent business can’t thrive here – and Albany is trumpeting a Long Island success story as proof of the state’s economic-development chops. On Tuesday, the Empire State Development Corp. and the New York Power Authority issued an update on Contract Pharmacal Corp., a family-owned pharmaceuticals manufacturer that has made several job-creation and facilities-investment promises in…


Airlines rise to $13 billion heights in JFK terminal plan

By GREGORY ZELLER // Two global air-travel stalwarts are doubling down on John F. Kennedy International Airport. Texas-based American Airlines and London-based British Airways will invest a combined $344 million in expansion and customer-focused improvements at the international travel hub, which ranks as the world’s 22nd busiest, the nation’s sixth busiest and the metropolitan area’s single-busiest airport. Marking a big forward step for his comprehensive, $13 billion modernization strategy for the Queens airport, Gov. Andrew…


Lower-tier LI consoled by $68M in 2018 REDC awards

By GREGORY ZELLER // If $68.3 million for workforce development and affordable housing programs is losing, Long Island will take it. That’s the Island’s haul in the 2018 Regional Economic Development Council competition, announced Tuesday by Empire State Economic Development Corp. President and CEO Howard Zemsky. Zemsky, also commissioner of the New York State Department of Economic Development, presented all 10 winners of the annual statewide development competition, each representing one of 10 economic-development zones….


LIRR ‘Double Track’ pulls in well ahead of schedule

By GREGORY ZELLER // Just two years after Gov. Andrew Cuomo accelerated plans for a Long Island Rail Road overhaul, the long-awaited “Double Track” project has been completed – more than a year ahead of schedule. Cuomo on Friday announced the completion of the LIRR Double Track, roughly 18 miles of track added between Farmingdale and Ronkonkoma, expected to ease congestion and allow for reverse-peak service expansions as necessary. The 18 miles of track –…


State pumps $15M into SUNY’s clean-energy programs

By GREGORY ZELLER // The state university system’s clean-energy workforce-development efforts have received an eight-digit shot in the arm. A $15 million state investment will bolster SUNY’s clean-energy workforce and training programs, according to Gov. Andrew Cuomo’s office, with $6 million heading to specific campus-based efforts – including several on Long Island – and an additional $9 million earmarked for colleges and universities planning apprenticeships and internships with industry partners. The funding is part of…


NYSERDA, Israeli innovators ink clean-energy pact

By GREGORY ZELLER // A new collaboration between New York State’s advanced-energy gurus and Israel’s top innovation agency will look to speed clean-energy breakthroughs to global markets. Speaking Tuesday at Advanced Energy Conference 2018 in New York City, Lt. Gov. Kathleen Hochul announced a new Memorandum of Understanding between the New York State Energy Research and Development Authority and the Israel Innovation Authority. The partnership will “accelerate the pace of innovation in the global (clean-energy)…


No. 262: Mission is a go, Topspin buys some spin … and climate change in New Jersey?

TGI December: Let’s not mince words – this week was a slog, after the stuffed-belly, four-day respite of the Thanksgiving holiday. But Friday is upon us again, as is December, which in addition to the holidays you know boasts National Pie Day (today), World Human Rights Day (Dec. 10) and, believe it or not, Monkey Day (Dec. 14), which as of 2000 is actually a thing. Please use this information responsibly. And tell us about…


With ESD’s help, Seviroli plans a new pasta course

By GREGORY ZELLER // A maker of “artisan dining at home” selections is expanding its foodie-friendly Long Island footprint. The Empire State Development Corp., Albany’s main economic-development engine, announced Thursday that Seviroli Foods Inc. will grow its regional presence with the acquisition of a 33,000-square-foot production and warehouse facility in Garden City. Leveraging $350,000 in performance-based tax credits offered through ESD’s Excelsior Jobs Program, the company will invest $9 million to acquire and renovate multiple…


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…


Cuomo hailed as LI Welcome Center opens doors

By GREGORY ZELLER // The congratulations were plentiful and the praise for Gov. Andrew Cuomo thick, though rainmakers heralding the opening of the new Long Island Welcome Center Thursday morning had good reasons to celebrate – 7,800 of them, in fact. That’s the number of daily visitors, arriving in more than 5,000 vehicles, predicted to check out the rest-stop deluxe, located on the eastbound Long Island Expressway between exits 51 and 52. And that makes…


Albany continues whirlwind LI romance

By GREGORY ZELLER // A state administration that once seemed unable to find Long Island on a map continues to pay special attention to Nassau and Suffolk counties. One day after Gov. Andrew Cuomo visited Westbury to personally deliver a $10 million downtown-revitalization check, Lt. Gov. Kathy Hochul packed three Suffolk stops – in Port Jefferson, Stony Brook and Patchogue – into her daily itinerary. And that was a light day compared to the lieutenant…