Nassau County IDA

Innovation in the Age of Coronavirus

The COVID-19 pandemic and its evolving aftermath are 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 real-time journal of this region’s resourceful response to the greatest global challenge since World War II. Stay healthy, dear readers.   Camp in: Albany greenlights statewide day camps (June…


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…


On Long Island, innovation never takes a holiday

By GREGORY ZELLER // As holidays are wont to do, Thanksgiving brings out the best in people – and Long Island has no shortage of can collections, stuff-a-bus campaigns and other holiday-themed charity drives. In addition to their regular assortment of collections and programs, the region’s largest anti-hunger agencies really cook this time of year. Last week, Bethpage-based Island Harvest Food Bank completed its 11th annual Turkey Drive, centerpiece of its master plan to provide…


No. 419: Kittens, coladas, Tesla and DNA-infused inks – plus, dialing back the Nassau IDA

  Welcome back: Here we are, dear readers, back on the beat as Summer 2019 heats up and we hustle through another busy week of socioeconomic innovation on Long Island and around the world. It’s July 10 out there – both National Kitten Day and National Piña Colada Day, an undeniably sweet combination. Ssshhh: To our readers who are also devout followers of 20th century Indian avatar Meher Baba – who famously kept his mouth…


No. 414: New Dots digs, a bigly birthday and Father’s Day funnies – plus servant management, from the top

  Don’t know how you do it: But you do it, dear reader, and once more you’ve cleared the hurdles of a busy workweek and earned another springtime respite. Well played. Let freedom ring: It’s June 14 out there, and to our many readers in Malawi, a very happy (and similarly well-earned) Freedom Day. Here in the States, June 14 is quite the patriotic date also, bringing both Flag Day – commemorating the 1777 adoption…


No. 409: Affordable rentals, sudden departures and Fulbright scholars, starring Bob Hope and Bing Crosby

  Welcome to Wednesday: And a happy midweek to you, dear reader, as we speed through another exciting (and blessedly abbreviated) week of socioeconomic innovation. Hard to believe, with Memorial Day over and summer unofficially started and all, but it’s still May out there. May 29, to be exact, and if you had Roman Emperor Julian defeating the Sasanian Army in the Battle of Ctesiphon on this date in 363 A.D., you’ve won 100 gold…


No. 405: On Farmingdale State’s new feeder, Stony Brook’s super switch and Adelphi’s major minor upgrade

  Cold open: Beware the Ides of March, dear reader – oh, wait, it’s the Ides of May. It only feels like March. But it’s actually May 15 out there, midpoint of the month, two-thirds of the way through spring and halfway home in this latest (chilly) week of socioeconomic innovation. For the record, as of Tuesday afternoon, the Weather Channel was forecasting that high temperatures on Long Island wouldn’t exceed 70 degrees until the…


No. 350: Digitizing real estate, battening down Long Island’s hatches and getting your Guptas straight

  Couldn’t have said it better: You’ve done it, intrepid reader – the end of another busy workweek is nigh and another autumn weekend looms. To set the mood, please enjoy 81 famous, semi-famous and not-famous-just-awesome Friday quotes. It’s Oct. 19 out there, marking the 2,220th anniversary (give or take) of the Second Punic War’s pivotal Battle of Zama, which was fought on this date (or thereabouts) in the year 202 BC (they think). Whenever…