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News October 18, 2018

Albany also kicks in on Island storm-resiliency projects

By GREGORY ZELLER // The City of Long Beach isn’t the only Long Island location gearing up for the next big blow – or battening its hatches with non-local government assistance. Earlier this week, the Federal Emergency Management Agency announced that more than $20 million was being funneled into storm-preparedness projects in Long Beach, including $18 million-plus earmarked for final engineering and construction of a “critical infrastructure flood-protection system.” While New York State’s Division of…

Gizmos October 18, 2018

At DG Sotheby’s, show me the Waze to go home

By GREGORY ZELLER // They do love their gizmos at Daniel Gale Sotheby’s International Realty, which has added a host of mobile technologies to an already impressive techno-slate. Starting this month, Amazon Echo and Google Home users can say, “Alexa, open Long Island Real Estate” or “Hey Google, talk to Long Island Real Estate” to get instant information about the regional real estate market, courtesy of the Cold Spring Harbor-based agency, which has arranged exclusive…

Calendar October 18, 2018

Stuff we’re thinking about going to

  October 20 Chili Cook-Off and Fall Festival Noon-4 p.m., Association for Mental Health and Wellness, Ronkonkoma  The Association for Mental Health and Wellness presents its eighth-annual family-friendly event, featuring diverse and innovative meat and veggie dishes from area restaurants, other tasty food treats and a healthy serving of mental health information. Admission to the festival is free; chili-tasting tickets can be purchased in advance or at the door. Proceeds benefit people impacted by mental…

Economic Development October 17, 2018

Nassau IDA backs new rentals on Sandy-ravaged site

By GREGORY ZELLER // An Oceanside site ravaged by Superstorm Sandy will soon be remade into a new rental-apartment complex, with the help of the Nassau County Industrial Development Agency. The Nassau IDA has approved a tax-reducing economic-incentives package that will help The Feil Organization, a New York City-based development-management firm, rebuild the dilapidated site into a 230-unit, transit-oriented rental complex. The development agency first approved the tax-abatement deal in September and issued its final…

Earnings October 17, 2018

After tough 2Q, Voxx reworks its game plan

  VOXX INTERNATIONAL CORP. Headquarters: Hauppauge Industry: Consumer non-durables Nasdaq: VOXX Reporting Date: Oct. 10, 2018 Reporting Quarter: 2Q FY2019 Quarter Ended: Aug. 31, 2018 Numbers: Net sales for the second quarter were reported as $108.9 million, down 4.1 percent from the $113.5 million reported for the same quarter last fiscal year. The company reported a quarterly net loss from continuing operations of $22.5 million, about 13.6 percent off the continuing-operations net loss of $19.8…

Biotech October 16, 2018

At LineaRX, putting the horsepower behind the CAR T

By GREGORY ZELLER // Marking a big step in the war against cancer, a Stony Brook-based startup has initiated pre-clinical development of a non-viral, plasmid-free chimeric antigen receptor modified T-cell manufacturing platform. In English: A novel platform designed to develop and manufacture new pharmaceutical treatments, including treatments for different forms of cancer. The tech comes from LineaRx Inc., a wholly owned subsidiary that officially spun off from Stony Brook-based Applied DNA Sciences in September. Noting…

News October 15, 2018

FEMA funnels $20M into Long Beach storm-prep efforts

By GREGORY ZELLER // More than $20 million in federal funds will help protect the City of Long Beach against the next 100-year storm. Long Beach is receiving roughly $20.06 million from the Federal Emergency Management Agency – including $1.6 million previously awarded for engineering and design work and roughly $18.48 million now reserved for final engineering and construction – for a “critical infrastructure flood-protection system.” The effort is designed to prevent flooding and otherwise…

Entrepreneurs October 15, 2018

Lesko leaves, so Hofstra Entrepreneurship Sikes up

By GREGORY ZELLER // The student has become the master at Hofstra University, where Stacey Sikes is the new executive dean of the Center for Entrepreneurship. Sikes succeeds former Executive Dean Mark Lesko, the first-ever head of the innovation-heavy business-development center, who has left the university to return to the field of law. Lesko, whose long résumé includes years as a federal prosecutor, said Monday he’ll be making an official announcement about his new gig…

News October 12, 2018

Habitat Suffolk taps former Huntington pol Edwards

By GREGORY ZELLER // A native Long Islander with a long resume of public service and corporate leadership in the telecommunications industry has been named Habitat for Humanity of Suffolk’s new executive director. Tracey Edwards, who logged 37 years with the New York Telephone Co. (later Verizon) and eventually became Verizon’s regional president for Long Island and upstate New York, is the new exec, according to a release issued Friday by Habitat Suffolk. A graduate…

Invention October 11, 2018

EPCAL delay diverts Luminati VTOL to upstate landing

By GREGORY ZELLER // An aerospace company looking to make a splash in the emerging field of solar-powered flight has reached back through the decades to power up an ambitious new division. Over the last year, Calverton-based Luminati Aerospace has gobbled up entire helicopter-manufacturing firms, and key assets from several other rotor-based companies, including Gyrodyne LLC (formerly Gyrodyne Company of America) and Rotor Flight Dynamics. These acquisitions of companies, designs and manufacturing rights are the…

Marketing October 10, 2018

Rinse, spit and cut! Henry Schein goes to the movies

By GREGORY ZELLER // From the Old Reliable File comes Henry Schein Inc., the healthcare products and services titan that proves you’re never too big to roll out a new ad campaign. The Melville-based conglomerate, self-billed as “the world’s largest provider of healthcare products and services to office-based dental, animal health and medical practitioners,” this week announced the launch of its “Rely on Henry Schein” marketing campaign. The brand-builder – featuring videos on the company’s…

Health October 10, 2018

Huntington Hospital births comfy new baby center

By GREGORY ZELLER // After nine months of hard labor, Huntington Hospital has given birth to its newest specialized medical center. The hospital this week cut the cord (sorry, the ribbon) on its expanded Center for Mothers and Babies. Featuring 19 single-patient rooms – each with a comfy sleeper sofa and its own private bathroom, and each of those with its own shower stall – the center is chock-full of amenities for babies, new moms…

Funding October 8, 2018

SBA pumps $1M into statewide small-biz exports

By GREGORY ZELLER // The U.S. Small Business Administration, via the Empire State Development Corp., is infusing nearly $1 million into statewide international-trade programs. The SBA announced this week that the ESDC, Albany’s main economic-development engine, is one of the 47 state international-trade agencies receiving funding this year through the State Trade and Export Promotion program. The total of $18 million in national STEP funding is meant to help small businesses enter and compete in…

Health October 8, 2018

At Northwell, redefining the shape of things to come

By GREGORY ZELLER // A powerful new 3D printing system is providing Northwell Health doctors hyper-realistic surgical models, easing patients’ minds and saving millions of dollars in lost operating-room time. That’s the assessment from the New Hyde Park-based health system, which this week noted it has “doubled down” on 3D printing technologies provided by Massachusetts-based developer and manufacturer Formlabs. Specifically, Northwell Health – already a Formlabs customer – has incorporated the tech firm’s powerful Form…

Technology October 4, 2018

Embracing Long Island’s 5G future, before it’s too late

By GREGORY ZELLER // The window to Long Island’s data-connectivity future is wide open – but it will close fast if regional rainmakers don’t get with the 5G program. That’s the professional assessment of Marc Alessi, a partner at Garden City-based business consultancy/government affairs firm Shelter Rock Strategies, which for the past year has represented a client on ultra-broadband’s cutting edge. The client is ExteNet Systems, a Chicago-based provider of advanced mobile-connectivity and distributed-networks solutions….