New era, same mission as golden LIBDC plans ahead
By GREGORY ZELLER // Invention, and reinvention. They are the manifestation of creativity and the heart of innovation. True today, on a Long Island staking a claim as a leading…
Economic Development
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…
Stakeholders unite to support pharma/nutra’s future
By GREGORY ZELLER // With more than 150 companies and 9,800-plus employees, the pharmaceutical/nutraceutical industry is already a Long Island cornerstone – and some major regional stakeholders want to see…
For downtown Hicksville, the circle is now ‘Complete’
By GREGORY ZELLER // Nassau County has started the ball rolling on an ambitious effort to bring safer, more convenient thoroughfares to one of Long Island’s most densely populated downtowns….
Community wellness meets innovation at Hofstra camp
By GREGORY ZELLER // Healthcare met entrepreneurism this week at Hofstra University, where teams of wellness-focused innovators came together to learn the business ropes directly from seasoned insiders, including Northwest…
Location plays big as Bridgeworks, DropDesk expand
By GREGORY ZELLER // Consider it ridesharing on the road to professional development. That’s the angle founder Graham Beck is taking at Bridgeworks, the Long Beach co-working community that’s advancing…
Suffolk IDA steps up as Spellman expands global HQ
By GREGORY ZELLER // An expanded global headquarters and as many as 10 new hires are in the cards for the Spellman High Voltage Electric Corp., which has received an…
Study: Park is the place for ‘tradeable’ opportunities
By GREGORY ZELLER // It already plays a central role in the Long Island economy, but the economic power of the Hauppauge Industrial Park has barely been scratched. So says…
Minority-owned businesses benefit as Hofstra ‘Ascends’
By GREGORY ZELLER // A new university/government/industry outreach program focused on minority entrepreneurs received an executive-grade kickoff Tuesday at Hofstra University. Funded by a $350,000 grant from JPMorgan Chase, the…
Shamash departs, SBU economic development realigns
By GREGORY ZELLER // Stony Brook University is bidding farewell to its longtime economic-development guru – and saying hello to a new innovation-and-commercialization protocol, starting with a union of its mighty…
Brookhaven backs Bristal Assisted Living, once again
By GREGORY ZELLER // Two senior-living projects will move forward in Mount Sinai, with a little help from the Town of Brookhaven Industrial Development Agency. The Brookhaven IDA has closed…
Handy IDA package helps maintenance manager move
By GREGORY ZELLER // Leveraging a $5 million company investment and looking to preserve nearly five dozen jobs, the Suffolk County Industrial Development Agency has stepped up like a boss….
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…
NYC magnate, Conn. corp. feel IDA’s holiday spirit
BY GREGORY ZELLER // The Brookhaven Industrial Development Agency is feeling the holiday spirit, giftwrapping new incentives deals for a growth-minded East Patchogue equipment-rental cooperative and a New York City…
Hempstead IDA drives school bus company’s new HQ
By GREGORY ZELLER // The wheels on the bus go round and round in Hempstead, where the Industrial Development Agency has finally finalized an economic-incentives package for a leading school…