Nassau County IDA

Innovation in the Age of Coronavirus

The evolving COVID-19 pandemic is reshaping the world around us, and myriad Long Island forces – large and small, corporate and nonprofit, industrial and academic – have risen to the challenge. Innovate Long Island presents Innovation in the Age of Coronavirus as a running journal of this region’s resourceful response to the greatest global challenge since World War II. Stay healthy, dear readers.     Including Northeast neighbors, 45 states/territories now flagged (Oct. 27) A…


No. 533: On Donkey Kong, Arctic atmospheres and Neptune – plus, Hollywood on the North Shore

  Fall for you: Rejoice, autumnal aficionados – the season of plunging temperatures, pumpkin-spice everything and full-on political dementia has arrived. Yes, it’s Sept. 23 on Long Island and around Planet Earth – not only the Wednesday midpoint of this latest busy workweek, but the first full day of Fall 2020. So grab a sweater and let’s rock. Stick it to them: Don’t be a jerky. Actually, go ahead – Sept. 23 is National Snack…


No. 521: London Jewelers rising up, rising up – so are fascism, Mars probes and consumer confidence

  The end is nigh: You’ve made it, dear reader – the terminus of both the wicked-warm workweek and the molasses-slow month. Good job, enjoy your weekend. Flags of our makua: It’s July 31 out there, which is of course Ka Hae Hawai’i Day – a.k.a. Hawaiian Flag Day, recognizing Hawaiian sovereignty (as declared by the British on July 31, 1843). Today also delivers a feast for the hungry: July 31 brings us, in no…


For employers, Direct answers to important questions

By TERRY LYNAM // Working in the medical field, you become accustomed to certain things in your social life. It’s a running joke that doctors are often asked to diagnose their friends and family or “take a look at something” during casual get-togethers. Now we’re hearing a new question: What will our world look like after the pandemic? It may feel like we’re finally on that other side. We have reached Phase Four on Long…


No. 517: The universe ages, Adelphi goes for the Goldman and the AC is invented (thank goodness)

  You made it! And we’re so glad you did, dear readers, as we reach the end of this summertime workweek and get ready for another well-earned weekend. It’s July 17 out there, a date that reverberates across the human spectrum – both the World Day for International Justice, supporting the critical work of the International Criminal Court, and World Emoji Day, celebrating tiny digital cartoon things. Just peachy: It’s also National Peach Ice Cream…


No. 509: On peanut butter cookies, LaGuardia Airport and kelp – plus baseball (remember that?)

  Phase 2 Friday: You’ve done it again, dear readers! Another tough workweek conquered – and, as your reward, Long Island’s first weekend under Phase 2 reopening protocols. Well played! It’s June 12 out there, and while you’re probably itching for your teenager to find a summer job after a half-year of home learning, it is indeed the U.N.’s World Day Against Child Labour, which is a very different matter and no joke. That’s, like,…


As 1-800-Flowers leaves, IDA fertilizes wilted site

By GREGORY ZELLER // With iconic 1-800-Flowers.com transplanting to Jericho Plaza, its current/soon-to-be former Carle Place home is being reseeded by the Nassau County Industrial Development Agency. The IDA on Thursday announced preliminary approval of an application for economic-development benefits by DBD Realty Group, the Garden City-based LLC that purchased One Old Country Road – 1-800-Flowers.com’s home for the past 15 years – for $26.5 million in February. With the international e-retailer announcing its relocation…


No. 500: Voices from the past, eyes on the future

That’s, like, half-a-thousand: Welcome to Wednesday, dear readers, and a special edition of your Innovate Long Island newsletter. It’s May 13 out there, midpoint of another busy workweek, and this is our official 500th newsletter. Reaching this milestone years after losing Publisher John Kominicki – entrepreneurial founder, tireless promotor, driving engine – was highly unlikely. Doing it without you would have been literally impossible. So thank you, newsletter subscribers and website visitors, inventors and investors,…


Incentives abound as Nassau IDA, LEAC plug away

By GREGORY ZELLER // It’s full steam ahead in Nassau County’s economic-development wing, where the coronavirus can’t slow the works. The Nassau County Local Economic Assistance Corp. and the Nassau County Industrial Development Agency have pressed forward with a number of jobs-creating, economy-sustaining bond sales and incentives packages, helping top international franchisers, regional schools and others keep on keeping on during and after the great pandemic of 2020. Right at the top: The IDA’s preliminary…


No. 485: Panther pride, equitable entrepreneurism and smarter self-diagnoses, in the palm of your hand

  The days, they are a blurrin’: And we’re just getting started, dear readers, as the global pandemic continues to take shape and the “new normal” – however impermanent it may be – finds its form. It’s Friday out there (trust us), March 20, and it’s a good time to note the words of author Steven Kotler, who believes innovation requires isolation, and French philosopher Jean-Paul Sartre, who reminded us that “Hell is other people”…


No. 484: We do the twist, the bump and the IDA shuffle – all from the comfort of home!

  It could be worse: A lot worse, dear readers, as we hunker down, suck it up and otherwise follow sage advice designed to save lives. It’s Wednesday out there, March 18 to be precise, and as everyone readjusts to the new normal, we acknowledge National Supreme Sacrifice Day – and remember there’s plenty of real estate between inconvenience and true sacrifice. Too close for comfort: Another natural for a coast-to-coast lockdown, today is also…


Nassau IDA backs rentals, ex-Fortunoff facility facelift

By GREGORY ZELLER // A transit-oriented housing development and a bigger, better home for a large mortgage banker have earned the support of the Nassau County Industrial Development Agency. Trumpeting new affordable housing opportunities, new jobs and other economic benefits, the IDA has announced preliminary approval of a tax-abatement deal that will keep a Westbury mortgage firm in Nassau County – and help it nearly double its payroll – and final approval of a benefits…


No. 479: On souffles, nylons and Pauling – and LI doctors in Alaska, kinda

  Two down: Welcome to Friday, dear readers, as we wrap up both a busy week and a long(ish) month of socioeconomic innovation. Even with its extra day, February folds this weekend – meaning one-sixth of 2020 is already in the books. Well played! Rare, treat: It’s Feb. 28 out there, which of course makes this international Rare Disease Day and, on a brighter note, National Chocolate Souffle Day. Something fishy: Making a meatless Friday…


No. 463: A family-friendly finale for 2019, featuring George Bailey, sangria and the sole ‘Survivor’

  Tied with a bow: Welcome to Friday, dear readers, as we wrap up the last full workweek of the decade and unwrap a full slate of holiday celebrations. (With that, a gentle reminder: Watch for your regular calendar newsletter on Monday, Dec. 23, then keep an eye on the homepage for updates through New Year’s Day. Thrice-weekly newsletters return Jan. 6!) Holiday China: It’s Dec. 20 out there, and to our many readers in…


From the Nassau IDA, gifts that (might) keep on giving

By GREGORY ZELLER // Christmas has come early in Nassau, where the county’s Industrial Development Agency has slipped two business-building economic-incentives packages under the tree. The IDA on Wednesday announced preliminary approval for a tax-abatement deal benefiting JP Optionee, a limited liability corporation created to help New Jersey-based Onyx Equities and Manhattan-based DRA Advisors build a 147,524-square-foot hotel and conference center at Jericho Plaza. The development agency also announced an incentives package for Paint Applicator…