news

With new HQ looming, Amazon adds 2K in NYC

By GREGORY ZELLER // Long Island may (kinda) still be in the running for Amazon.com Inc.’s ballyhooed second headquarters, but new administrative digs for the e-commerce titan – and thousands of good-paying jobs – have landed slightly west. Governor Andrew Cuomo on Thursday announced that Amazon will expand its New York City presence with a new office at 5 Manhattan West. Jeff Bezos’ 1994 startup is slated to invest $55 million bringing the 359,000-square-foot space up to…


Environmentally, economically, Climate Alliance soars

By GREGORY ZELLER // Good news for the environment: The members of the United States Climate Alliance – now 14 states, and counting, plus Puerto Rico – are collectively on track to meet their portion of U.S. commitments under the Paris Agreement. Bad news for President Donald Trump: The economies of USCA states are growing faster than those in non-USCA states, “demonstrating that fighting climate change and creating jobs go hand-in-hand,” according to Gov. Andrew…


‘Dormant’ biotech wakes on Alzheimer’s fast track

By GREGORY ZELLER // A pre-clinical-stage biopharmaceutical company is being fast-tracked toward a potential Alzheimer’s treatment, after taking a decidedly slow road. Stony Brook-based Avanti Biosciences Inc. actually launched in 2009, but was “dormant for a few years,” according to founder Gian Luca Araldi, “kind of an empty shell.” It was only in the last two years, when “I had some ideas I wanted to develop on my own,” that Araldi – a former senior…


Stuff we’re thinking about going to

Sept. 27 Healthcare Capital Forum 8-11 a.m., RXR Center, Melville The Long Island Capital Alliance hosts is Healthcare Capital Forum and networking breakfast. Admission is free for LICA members, event sponsors and their guests. Ticket prices, sponsorship opportunities, registration and more information. Sept. 27 Let’s Imagine: Learning from the Leaders of the Imagine Awards 8-11 a.m., Carlyle at the Palace, Plainview Join the winners of the 2017 Long Island Imagine Awards for an informative breakfast…


Feds back NYIT professors on RNA-sequencing quest

By GREGORY ZELLER // Diverse disciplines are coming together at NYIT, where a multi-year National Institutes of Health grant is fueling next-level RNA research – and, possibly, opening a new front in the war against cancer. Two New York Institute of Technology faculty members, assistant professors of life sciences and computer sciences, will combine their skills under a three-year, $568,000 Cutting Edge Basic Research award from the NIH’s National Human Genome Research Institute. Their mission:…


First-ever ‘health systems marketplace’ comes to LI

By GREGORY ZELLER // The tri-state region’s first “marketplace of health systems” has come to Long Island. New York City-based Brighton Health Plan Solutions – which allows members to shop for and compare health systems in depth, perchance to find the best single plan for each member’s particular needs – has partnered with Long Island Health Network, a network of nine Island-based hospitals and affiliated services. The alliance adds those hospitals and hundreds of specialized…


Startup sails past $1M, considers second employee

By GREGORY ZELLER // A key e-commerce alliance has pushed an innovative skin-care company past $1 million in revenues – and has the biotech’s only full-time employee thinking expansion, in more ways than one. Kantian Skincare, a 2012 startup and the public face of Huntington-based Kantian Sciences Corp., hurtled past the $1 million plateau in July, according to cofounder and President Jon Klein, on the back of the Neutralyze Anti-Acne Solution, the company’s flagship product….


In space, no one can hear your nervous breakdown

By GREGORY ZELLER // It’s lonely out in space. And the mental health of astronauts embarking on long-term missions to the final frontier is a paramount concern for the National Aeronautics and Space Administration, which is funding a new clinical trial of an innovative e-mental health tool that could relieve astronomical anxiety, star stress and deep-space depression. The study, led by a Stony Brook University psychiatry professor in conjunction with Australian researchers, officially kicked off…


Shinnecock Nation taps Sahn Ward enviro experts

By GREGORY ZELLER // The Shinnecock Indian Nation has retained a topflight Long Island law firm to provide advice and legal representation on environmental matters. Uniondale-based Sahn Ward Coschignano PLLC will bolster the Shinnecock nation’s land-use and ecological chops, from a legal perspective, led by partner Miriam Villani. Villani, head of the firm’s Environment, Energy and Resources practice group, will work with the Shinnecock Environmental Department to develop laws and programs that assist the department’s…


Construction employment takes a summer hit

The number of private sector jobs on Long Island increased by 5,600 in the year ending in August, a 0.5 percent increase to 1,157,400 positions. By comparison, the state’s year over year private sector growth rate was 1.8 percent and the nation’s was 1.7 percent. In a separate measure, Long Island’s private sector job count decreased by 9,200 between July and August, compared to an average loss of 1,400. Construction had a surprisingly weak month,…


4 more years for SBU clean-energy incubator

By GREGORY ZELLER // CEBIP is back in business. More accurately, the Clean Energy Business Incubator Program – a jewel of Stony Brook University’s commercialization ecosystem – will continue business uninterrupted, thanks to renewed funding from the New York State Energy Research and Development Authority. Although NYSERDA has made no official announcement – and authority spokespeople declined to comment this week – Innovate LI has learned that the state has re-upped its financial support of…


Re-Nuble targets USDA over ‘organic’ certifications

By GREGORY ZELLER // A “waste-to-value” biotech with Long Island roots is taking its food-for-all message to the people – and is taking on the U.S. Department of Agriculture over critical “organic” certifications. Re-Nuble Inc., which operates out of facilities in Brooklyn and Long Island City but remains a “virtual tenant” of Stony Brook University’s Clean Energy Business Incubator Program, is presenting Wednesday at Food Tank Summit NYC, a celebration and exploration of food and…


Eight Island schools ranked among top U.S. colleges

By GREGORY ZELLER // Long Island has plenty of big brains to drain. That’s according to U.S. News & World Report, which has issued its 2018 Best Colleges survey, a highly regarded rite of September that ranks some 1,800 United States-based colleges and universities based on school and student performance and a host of other critical metrics. As usual, Long Island posted a good-not-great performance on the annual higher-education report card – fairly strong, indicative…


Applied DNA enlists with Army’s bio-warfare defenders

By GREGORY ZELLER // Applied DNA Sciences is in the Army now. Already under U.S. Department of Defense contract on a number of different projects, the Stony Brook-based biotech has entered into a new Cooperative Research and Development Agreement with U.S. Army Research, Development and Engineering Command’s Edgewood Chemical Biological Center. Best known as a developer and distributor of in-house botanical-DNA-based security and authentication protocols, Applied DNA is lending its expertise in a slightly different…


Debrief: Developing, economically, with Regina Zara

Nice numbers from “Report on Effectiveness of Suffolk County IDA,” a 40-page Industrial Development Agency report card prepared by Suffolk’s Department of Economic Development and Planning: Between 2012 and 2016, the IDA granted $89.8 million in sales-tax exemptions on equipment purchases, plus similar breaks on mortgage and property taxes, to 86 projects, which have collectively generated $775 million in regional economic activity ($212 million spent on goods and services from 2,500 Long Island companies in…