Empire State Development Corp.

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…


Long Island REDC rebounds with ‘Top’ $84.3M haul

By GREGORY ZELLER // The Long Island Regional Economic Development Council is back on top, once again ranked as a “Top Performer” in Albany’s annual REDC sweepstakes with a hefty $84.3 million haul. That’s terrific news for the “priority” and “regionally significant” projects on the LIREDC’s 2017 wish list, which included funding for a waterfront revitalization effort in Greenport, a new technology-focused Digital Ballpark business incubator in the Wyandanch Village development and 31 other projects…


No. 265: Santa snickers, the Manufacturing Task Force Awakens and the Golden Globes go to…

Gut Yontiff: “Good holiday,” for our non-Yiddish speaking readers, and a Happy Hanukkah to all. Adam Sandler’s “eight crazy nights” – the Jewish Festival of Lights commemorating the rededication of the Holy Temple in Jerusalem during the circa-160 B.C. Maccabean Revolt – commenced Tuesday evening. A big date for breakthroughs: The dry dock (1816), the ice cream cone (1903), the first fully automated photographic film developer (1928) and the fathometer (also 1928), which measures underwater…


No. 262: Mission is a go, Topspin buys some spin … and climate change in New Jersey?

TGI December: Let’s not mince words – this week was a slog, after the stuffed-belly, four-day respite of the Thanksgiving holiday. But Friday is upon us again, as is December, which in addition to the holidays you know boasts National Pie Day (today), World Human Rights Day (Dec. 10) and, believe it or not, Monkey Day (Dec. 14), which as of 2000 is actually a thing. Please use this information responsibly. And tell us about…


With ESD’s help, Seviroli plans a new pasta course

By GREGORY ZELLER // A maker of “artisan dining at home” selections is expanding its foodie-friendly Long Island footprint. The Empire State Development Corp., Albany’s main economic-development engine, announced Thursday that Seviroli Foods Inc. will grow its regional presence with the acquisition of a 33,000-square-foot production and warehouse facility in Garden City. Leveraging $350,000 in performance-based tax credits offered through ESD’s Excelsior Jobs Program, the company will invest $9 million to acquire and renovate multiple…


In REDC love fest, CSHL kicks off $75M makeover

By GREGORY ZELLER // There was another major advance for biochemistry Thursday at Cold Spring Harbor Laboratory, but this one didn’t involve gas chromatographs or infrared spectrometers or a single test tube. Just a shovel. With Gov. Andrew Cuomo and a host of regional and state representatives on hand, the world-class scientific research facility officially broke ground on the renovation of its Demerec Laboratory, one of four CSHL laboratories being remade with a big assist…


Albany touts advances of MWBEs, new support

Good news to help you celebrate National Women’s Small Business Month: The percentage of Minority and Women-Owned Business Enterprises among the private businesses holding New York State contracts is on the rise. The utilization rate for MWBEs participating in state contracts increased to 27.2 percent during the 2016-17 fiscal year, Gov. Andrew Cuomo’s office announced this week, with companies owned by minorities and women winning more than $2.2 billion in state-sanctioned work. New York’s MWBE…


Suffolk: Something co-working at Wyandanch Rising

By GREGORY ZELLER // The retail side of the Wyandanch Rising redevelopment project isn’t ascending as quickly as the residential side – but the imbalance has created a unique workforce-development opportunity, and Suffolk County is looking to pounce. The county on Friday applied to the Long Island Regional Economic Development Council for funding to open a technology-focused co-working operation in the Town of Babylon’s ambitious Wyandanch redevelopment project, a smart growth-fueled, mixed-use remaking of 142…