Dates set for Dowling College auction
Dowling’s Oakdale campus goes under the gavel in March as a bankruptcy court moves to liquidate the real estate holdings of the failed school, which crumbled under $54 million in…
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Jobs tick up in November
Long Island’s unemployment rate dipped to 4.0 percent in November, down 0.1 of a percentage point from a year earlier and matching the lowest November rate since 2007, the state…
Suffolk IDA approves RPA spending
Suffolk County’s Industrial Development Agency has re-upped its consulting agreement with the NYC-based Regional Plan Association, experts at redeveloping downtowns and creating next-gen housing and transportation hubs. The IDA approved…
Northwell/CSHL cancer center draws an ace
An internationally renowned cancer expert will help lead Northwell Health and Cold Spring Harbor Laboratory’s joint cancer-research initiative. Oncologist Robert Maki, known primarily as a leading sarcoma physician and researcher,…
Tackling concussions with cannabis
By GREGORY ZELLER // A research effort stretching from Florida to Long Island to Canada’s Alberta province will determine if compounds derived from marijuana can be effective treatments for concussions. Calgary-based R&D…
Record $42.5M bid wins LI wind-farm lease
By GREGORY ZELLER // The U.S. subsidiary of a Norwegian energy company has placed a record $42 million bid to win the lease rights to build a wind farm 11…
LI businesses charged up by low-cost juice
The New York Power Authority has approved another round of low-cost power allocations through the ReCharge NY program, with Long Island companies reaping the lion’s share of this round’s benefits….
Center for Biotechnology answers feds’ ‘Challenge’
A $500,000 U.S. Department of Commerce “challenge award” for the Center for Biotechnology at Stony Brook University is part of a $15 million round of federal economic-growth stipends – including…
Battling European auto thefts, and the bottom line
By GREGORY ZELLER // Holiday gift guide update: The once-mighty “Grand Theft Auto” videogame series no longer cracks most-wanted lists on the top gaming consoles. Newsflash: The real thing has…
Spotlighting ‘dark data,’ and other IT inefficiencies
By GREGORY ZELLER // A Stony Brook tech firm with a hard-science history is tracking data’s “unknown unknowns,” helping enterprise administrators control complex and rapidly changing IT environments. ModelizeIT, a…
Patents, possibilities piling up at Energystics
By GREGORY ZELLER // Don’t call Reed Phillips a patent collector. Yes, he and his Stony Brook-based startup Energystics Ltd. – specifically, its trademarked Vibristor technology – are earning U.S….
Saelens retires, and SBU does the MEP shuffle
By GREGORY ZELLER // The man tapped to manage a $5 million regional manufacturing program is out, less than a year into the five-year state award. Jeffrey Saelens, executive director…
LIREDC takes victory lap around Adelphi’s Nexus
The Long Island Regional Development Council brought home “only” $62 million in state economic-development funds in the 2016 REDC competition, but it can lick its wounds while watching its six-year,…
With $650M bet, Cuomo all-in on life sciences
By GREGORY ZELLER // New York has launched a “groundbreaking” $650 million initiative to support life-science industries across the state. The initiative, announced Monday, will offer investment capital, operating support…
With new sinks and showers, SBU goes low-flow
By GREGORY ZELLER // In an earth-friendly effort of Seinfeldian proportions, Stony Brook University has gone low-flow. The university, in partnership with National Grid, has installed new aerators, shower heads…