Suffolk 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.   Suffolk EOC offers federal funds for rent, food…


Report links LI pandemic recovery to racial equality

By GREGORY ZELLER // A new socioeconomic study ties Long Island’s post-pandemic economic recovery inexorably to race. Sensing an “unprecedented opportunity” in the confluence of the global COVID-19 pandemic and America’s resurgent interest in racial equality, the Long Island Regional Planning Council and the Suffolk County Industrial Development Agency on Thursday released “Upskilled: Preparing the Long Island Workforce for the Future.” The comprehensive study – prepared by James Lima Planning + Development, a New York…


Pharma upgrade, Hempstead two-step, LI marches on

By GREGORY ZELLER // In the best possible sign for the Long Island innovation economy, the business of business continues, with regional industrial-development agencies stepping up to keep the Island keeping on. The latest examples: A Suffolk County Industrial Development Agency incentives package for Hauppauge-based InvaGen Pharmaceuticals, which is scaling up on Old Willets Path, and a switcharoo of sorts facilitated by the Town of Hempstead Industrial Development Agency, which is helping a Long Beach…


No. 497: It’s May Day, but don’t panic – new month, same pandemic (plus BASIC lingo … and mmm, parfaits!)

  Yes, you May: Welcome to Friday (we checked, it’s true) and a brand-new month in the surreal odyssey that is the Age of Coronavirus. It’s May 1 out there – the earliest date Mother’s Day can fall in Samoa, Hong Kong, Hungary, Lithuania, Mozambique, Portugal, Spain and Romania, though today is not Mother’s Day in any of those places (nor in the States, where it falls two Sundays hence). Legally delish: It is, however,…


No. 496: In which gender barriers bust, childcare costs spiral and Hofstra pivots, with pride

  Rock on: It’s another work-from-home Wednesday, dear readers, as we muscle through a tough workweek marked by bitter national divisions, phased re-openings and no real endgame (yet) for the great 2020 pandemic. The good news is, a mile-wide planet-killer asteroid zooming through the Solar System at a breezy 19,000 miles per hour will narrowly miss Earth today. So, no worries there. Wish list: On that cheery note, welcome to April 29 – World Wish…


Pharma manufacturers, IDA eye Hauppauge redux

By GREGORY ZELLER // Old economic-development friends have crossed paths again in Hauppauge, with a critical new ED edict. The Suffolk County Industrial Development Agency has issued preliminary approval of a tax-abatement deal that will help prescription drug-maker ScieGen Pharmaceuticals remake two-thirds of its 92,000-square-foot Hauppauge space – a manufacturing motivator designed to pump up output and create new jobs. One-hundred-six new jobs, according to the IDA, with ScieGen Pharmaceuticals engaging a Long Island-based supply…


No. 477: In which the Suffolk IDA incentivizes and the double helix debuts – plus, sticky buns for all!

  Just a word or two: Welcome to Friday, dear readers, as we wrap up another busy workweek and look forward to another well-earned weekend. It’s Feb. 21 out there, and before we begin, please speak up – today is International Mother Language Day, the U.N.’s multicultural salute to linguistic diversity. Going to extremes: Today is also National Grain-Free Day (a big one for the low-carb set) and National Sticky Buns Day (not so much)….


No. 475: Love is in the air – along with Ferris wheels, podcasts and ‘mega sports’

  We heart you: You’ve done it again, dear reader – another workweek conquered, another Friday reached, and for that, you have our undying affection. It’s Feb. 14 out there, which in addition to Valentine’s Day brings several annual celebrations: National Cream-Filled Chocolates Day (makes sense), National Condom Day (ditto) and Frederick Douglass Day (which you might not have thought of, but the famed abolitionist’s actual birthdate is unknown and he chose Feb. 14, so…


No. 440: Belmont begins, clean energy cleans up and nostalgia goes POW, right in the kisser!

  Warm greetings: You wouldn’t know it from the weather, but it’s the first Wednesday of autumn, dear readers, as we hustle over the hump of this latest busy workweek. Pull up a chair: A special hello on this Sept. 25 to new newsletter subscribers Katie, Rob, Marcos, Craig, Mark, Daniel, Eugene, Seth, Anthony, Brad, Marianne, Manny, Adele, Tina, Armando, Larry and Diane. If any of you had American farmer, businessman, philosopher, writer, theologian, politician…


Incentives keep global distributor grounded on LI

By GREGORY ZELLER // A leading distributor of aviation-support equipment will fly out of Long Island for another decade at least, with a nod to the Suffolk County Industrial Development Agency. The IDA has announced preliminary approval of an incentives package designed to help Sage Parts Plus renovate its existing 55,000-square-foot Melville headquarters and enter into a new 10-year lease agreement at the site – turning the global headquarters into a state-of-the-art logistics center and…


No. 436: On Patriots, procurements and busy college presidents (and aliens and cyborgs) 

  New day: Welcome to Wednesday, dear readers, and the midpoint of this late-summer week of socioeconomic innovation. New world: It’s Sept. 11 out there, a date that truly needs no further exposition. Those who lived through it will never forget. Schools and media inform younger generations. And its fallout both strengthens and weakens our nation to this very day. Eighteen years already, unbelievable. New meaning: While Sept. 11 is forever entwined with the 2001…


IDA eyes better (maybe not bigger) StartUp Connect

By GREGORY ZELLER // One of the hottest nights of the year at The Paramount is coming Oct. 3, with nobody whatsoever set to take the stage. But don’t let the lack of smoke machines, classic heavy metal bands or Jim Breuer fool you. It’ll be standing-room-only in the Founder’s Room when the Suffolk County Industrial Development Agency stages its annual StartUp Connect event, an always-engaging moshpit of innovators and investors rocking with potential. Now…


In Contract Pharmacal, Albany’s job-making blueprint

By GREGORY ZELLER // New York might not have the best reputation among national entrepreneurs, but that doesn’t mean an independent business can’t thrive here – and Albany is trumpeting a Long Island success story as proof of the state’s economic-development chops. On Tuesday, the Empire State Development Corp. and the New York Power Authority issued an update on Contract Pharmacal Corp., a family-owned pharmaceuticals manufacturer that has made several job-creation and facilities-investment promises in…


Suffolk IDA steps up as Spellman expands global HQ

By GREGORY ZELLER // An expanded global headquarters and as many as 10 new hires are in the cards for the Spellman High Voltage Electric Corp., which has received an economics-incentives package from the Suffolk County Industrial Development Agency. The IDA on May 2 granted the company some $652,000 in combined tax breaks, primarily through a 10-year reduction in property taxes, to facilitate the modernization of Spellman’s existing headquarters facility on Wireless Boulevard in Hauppauge….


Study: Park is the place for ‘tradeable’ opportunities

By GREGORY ZELLER // It already plays a central role in the Long Island economy, but the economic power of the Hauppauge Industrial Park has barely been scratched. So says a new “opportunity analysis” of the Northeast’s largest business park, prepared by the Suffolk County Industrial Development Agency and the Hauppauge Industrial Association of Long Island and announced Wednesday by Suffolk County Executive Steve Bellone. “Hauppauge Industrial Park: Regional Competitiveness and Growth Strategies” spends 160…