Belmont Park

In the land of milk and Cuomo, opportunity flows

By GREGORY ZELLER // Unemployment’s down, personal income’s up and private-sector jobs across New York State have never been more plentiful. These statistical truths and more color Empire State Development Corp.’s 2017 Annual Report, a 128-page economic-development bouquet wherein the Fortune 500 flock to Cuomoland and a river of golden opportunity flows from the gleaming capital – more specifically, $1.8 billion in ED grants, loans and tax credits, dispersed by Albany over the 12 months…


No. 277: The prodigal team returns, Hofstra ups its entrepreneurial game and yes, Florham Park is still in New Jersey

Time flies: Welcome to Jan. 31, dear readers, already one month down in 2018. Hard to believe it’s been 322 years since Aansprekersoproer, the bloody revolt by undertakers across Amsterdam sparked by Dutch funeral reforms (yes, this happened), and a year already since President Trump fired Attorney General Sally Yates for refusing to defend his illegal travel ban. In between: Other Jan. 31 events of interest include the invention of condensed milk (1851); the ratification…


No. 268: The New Year (kinda) dawns, Darwin sails again, John Kanas won’t stop and the Islanders are riding the ponies (or vice versa)

Welcome to … wait, what day is it? It’s that haziest week of the year when long weekends, vacations and holiday parties have our bellies full and our minds slightly befuddled. The Innovate Long Island team is taking a few more days to clean up this wrapping paper and prepare for the New Year, so watch for your next regularly scheduled newsletter on Jan. 3. While we’re getting ready, tell us all about it at…


Islanders drive $1B ‘economic engine’ to Belmont Park

By GREGORY ZELLER // The Islanders are coming home. With eighth-wonder-of-the-world fanfare, Gov. Andrew Cuomo announced the 10th proposal of his 2018 State of the State agenda Wednesday: bringing home Long Island’s once-and-future National Hockey League franchise. The Islanders – who played their last game in the old Nassau Coliseum on April 25, 2015, before relocating to Brooklyn’s Barclays Center – are returning to Nassau County, with Cuomo et al announcing that the team’s $1…


No. 267: On good fellows, spoon benders, Octomoms and trends to come

Welcome, dear readers: And over the year’s penultimate hump we go. Just five more days until Christmas and 11 until tumultuous 2017 runs its course. Boy, have you earned a holiday. The Innovate LI team will be catching up on baking, last-minute shopping and gift-wrapping, so watch for our next newsletter on Dec. 27. We hope you enjoy a peaceful, safe and joyous weekend! Before there was Octomom: When Nadya Suleman famously gave birth to…


Developers jockey for position after Belmont RFP

By GREGORY ZELLER // Like a bugle call summoning the field to the starting gate, New York State is beckoning developers to Belmont Park. Trumpeting “an exciting and much-anticipated development opportunity on Long Island,” Empire State Development President and CEO Howard Zemsky on Monday issued a Request for Proposals for the redevelopment of property within the hallowed racetrack’s grounds, located in the “census designated place” Elmont, within the Town of Hempstead. Two parcels totaling roughly…


When pigs fly (and horses and cats and dogs, too)

By GREGORY ZELLER // It took Noah some time, too. Extrapolating from clues provided by the Book of Genesis, theologians calculate that God’s favorite shipbuilder spent between 55 and 75 years constructing his namesake ark. The goings aren’t quite that slow at The Ark at JFK, though it’s taking Ark Development LLC a fair amount of time to finalize its comprehensive animal handling and shipping facility at John F. Kennedy International Airport. It won’t spare…