News

Study: In pandemic’s wake, expect LI land-use changes

By GREGORY ZELLER // When the pandemic is finally over, expect a drastically different Long Island land-use landscape. So predicts the Long Island Regional Planning Council, which this week announced the results of a wide-ranging study that considers the past and future of LI brick-and-mortar retail – already challenged before COVID-19, according to the council – and other substantial regional land uses, all likely to be “altered significantly” when the smoke clears. The land-use study…

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Docs dig deep with brain-based neurostimulator

By GREGORY ZELLER // An innovative “deep brain” device that captures and records cerebral signals is changing the way Northwell Health physicians treat a drug-resistant form of epilepsy. Introducing the Percept PC neurostimulator with BrainSense technology, which earned FDA approval in June, boasts two distinct trademarks (“Percept” and “BrainSense”) and packs a plethora of cutting-edge tech designed specifically to battle refractory epilepsy – a particularly nefarious form of the neurological disorder known also as intractable…


NYCB rises above pandemic with ‘impressive’ 2Q

  NEW YORK COMMUNITY BANCORP INC. Headquarters: Westbury Industry: Finance NYSE: NYCB Reporting Date: July 29, 2020 Reporting Quarter: 2Q FY2020 Quarter Ended: June 30, 2020  Numbers: Net income for the second quarter was reported as $105.3 million, an 8.3 percent rise above the $97.2 million reported for the same quarter last fiscal year. Total quarterly revenues (up 10.1 percent, to $281.2 million) and net income available to shareholders (up 9 percent, to $97.1 million)…


Well-paid, well-respected CFO takes over LIPA’s books

By GREGORY ZELLER // The Long Island Power Authority’s new CFO is no stranger to major-league utility operations – or to LIPA. The power authority’s Board of Trustees has named Tamela Monroe as LIPA’s new chief financial officer, an official coronation that solidifies the veteran administrator’s already-in-progress role as the regional utility’s primary accountant. Monroe – who boasts 35 years of public-power experience, including senior-level positions at two of the nation’s largest utilities – has…


Return to Mars: SBU scientist back in the PIXL

By GREGORY ZELLER // Joel Hurowitz just can’t get off Mars. Hurowitz is not at all like the “The Martian,” titular hero of novelist Andy Weir’s smash hit about a stranded astronaut desperate to return to Earth. Instead, the assistant professor in Stony Brook University’s Department of Geosciences keeps volunteering to return to the Red Planet – at least virtually, as a consultant on several NASA missions. His first trip to Mars was in 2004,…


Suffolk IDA signs off on Spectronics Corp. move

By GREGORY ZELLER // One of President Trump’s most vocal corporate-sector critics will keep his international manufacturing business on Long Island, with help from the Suffolk County Industrial Development Agency. The IDA has issued preliminary approval of an economic-incentives package that will help Spectronics Corp. relocate to Melville from Westbury, where the manufacturer of ultraviolent and fluorescent-lighting equipment no longer fits comfortably on Brush Hollow Road. Spectronics’ longtime 94,745-square-foot Westbury home is actually too big,…


Northwell experts update brain cancer biotechnology

By GREGORY ZELLER // A Northwell Health inner circle with deep biotechnology roots has issued a “comprehensive update” of breakthroughs in brain tumor research. The roadmap of next-generation advances in the difficult war against brain cancers comes from physicians at New York City’s Lenox Hill Hospital, by way of the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell and the Feinstein Institutes for Medical Research, famed bioscience hub. The team on Thursday announced a…