Benefits help swing door firm’s decision to stay
Instead of relocating to Pennsylvania, a manufacturer with deep Long Island roots and a 110-strong payroll is staying put – and will even add 21 new jobs at its Port…
Economic Development
LI Index maps where the apartments are … and not
The Rauch Foundation’s Long Island Index project has released an interactive map detailing the state of the region’s multifamily housing sector, a key factor in the continuing loss of young…
The Debrief: Dan Polner, go-to incubator guy
As incubator advocate – yes, that’s the actual title – in Stony Brook University’s vast business-development ecosystem, Dan Polner is a busy man. A 20-year finance professional (Berenson & Co….
State seeks development plans for Republic
Empire State Development is seeking proposals to develop more than 40 acres of land at East Farmingdale’s Republic Airport. Albany’s main economic-development engine has issued an RFP to revitalize 41.5…
LI facing housing, workforce, brain drain crisis
By GREGORY ZELLER // Even under the “most optimistic scenario,” Long Island will remain woefully short of rental housing over the next two decades, fueling a mounting loss of young…
Ecoclean boosts Copiague expansion
Doubling down on a green cleaning-products manufacturer planning a Copiague expansion was an easy call for the Suffolk County Industrial Development Agency. The IDA, which in December approved a 10-year,…
Battle lines drawn, once more, over IDA powers
By GREGORY ZELLER // It’s that time of the year again: Gov. Andrew Cuomo is gunning for centralized control of local economic development, and Brian McMahon is firing back. McMahon,…
Chinese glass maker eyeing Shirley for plant
The Brookhaven IDA is considering support for an $18.9 million architectural glass plant in Shirley. China’s Beijing Wuhua Tianbao Glass Co., better known as WTHB Glass, has proposed building the facility on…
Cliffs Notes for the State of the State
By JOHN L. KOMINICKI // Gov. Andrew Cuomo delivered his State of the State address on Wednesday, the bones of which had been drip-marketed via 14 “signature proposals” trotted out…
And how about some faster broadband?
Governor Andrew Cuomo’s budget 2016 agenda swelled by another $500 million on Friday, as the governor announced a proposal to improve high-speed Internet access across New York. The 10th initiative…
Mobile ticketing, nicer stations, connectivity
Mobile ticketing may soon make travel on the Long Island Rail Road a little easier. Included in Gov. Andrew Cuomo’s proposed $8 billion MTA makeover – the eighth proposal in…
Cuomo unveils giant LI infrastructure package
Long Island builders and planners are understandably thrilled by Gov. Andrew Cuomo’s ambitious plan to pour hundreds of millions of dollars into Long Island’s infrastructure – though local leaders acknowledge…
Stony Brook-LIFT bid wins $5M state contract
By GREGORY ZELLER Stony Brook University and the Long Island Forum for Technology have been awarded a five-year funding deal to foster manufacturing in the region, with a focus on…
For SCCC startups, space is the final hurdle
By GREGORY ZELLER // Suffolk County Community College was approved for the Start-Up NY program this week, but it could be some time before there’s space for the state-run economic-development…
Harvest Bakery lands Suffolk IDA support
The Suffolk County IDA approved a benefits package to assist an expansion of Harvest Bakery, a manufacturer of home-style bakery products for local vendors and wholesale distribution, at 865 Waverly Ave. in Holtsville….