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Long Island Business News
The business of food: taking a bite out of inflation
Skyrocketing food prices over the past few years have taken their toll on the restaurant industry. At the same time, minimum wage increased in January from $15 to $16 an hour, a reality that has on...
NYS incentivizes anti-theft protections with new commercial security tax credit
Is your business secure? If not, there are even more benefits to prioritizing anti-theft measures in the next year than protecting your small business from losses. New York State has included incentiv...
Dixon: Enough about quiet quitting: People want meaningful work and the opportunity to learn
In the song “If I May Be So Bold,” Hayes Carll muses, “It’s no eternal mystery / You don’t need a hard-earned clue / Why some men do their damnedest when half-a-damn would do.” I interpret that to ...
Huntington Station industrial property fetches $6.6M
An industrial property in Huntington Station has traded for $6.6 million. Skipjack Properties LLC purchased the 38,700-square-foot building on 2.02 acres at 15 West Stepar Place. Formerly occu...
In Stony Brook, Baldwin cancer research fund creates $5.5M endowment
The Carol M. Baldwin Breast Cancer Research Fund has established a $5.5 million endowment that will be used in perpetuity to fund breast cancer research at Stony Brook Medicine. The Baldwin researc...
Long Island Community Hospital performs 1,000th robotic surgery
Ahead of a merger with NYU Langone Health, Patchogue-based Long Island Community Hospital (LICH) performed its 1,000th robotic surgery at the hospital. The surgery was conducted as the hospital prepar...
Optimum Business and LIA Foundation announce $250K in small biz grants
Optimum Business and the LIA Foundation, the charitable arm of the Long Island Association, have announced the winners of its L.O.C.A.L. Small Business Grants, which will directly fund 50 small busine...
The Bristal launches foundation to help employees facing sudden hardship
To offer financial support to employees facing critical life challenges, The Bristal Assisted Living, which has locations across Long Island and elsewhere, has formed The Spark Foundation, a non-profi...
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