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Long Island Business News
Long Island construction firm launches $100K scholarship fund
Islandia-based general contracting firm Forte Construction Corp. has launched a new $100,000 scholarship fund to assist students pursuing a career in construction. The company has launched the For...
Another Boston Market sold, as chicken chain’s locations get plucked
A former Boston Market restaurant property in Commack has sold for $2.45 million. Commack 2170 LLC, an affiliate of a Long Island-based commercial real estate investment firm, purchased the 3,100-...
Spectrum Designs commercial scores three Telly Awards
A new commercial from Port Washington-based Spectrum Designs has scored three international Telly Awards, which are designed to recognize the top commercials within television and video, and across al...
In Hauppauge, HIA-LI and Catholic Health partner to boost workforce productivity
The HIA-LI and Catholic Health are aiming to boost workforce productivity at Long Island Innovation Park at Hauppauge through a new collaboration. Here, the two organizations are incorporating reco...
Newmark tapped to lease over 679,000 SF of new industrial space
A brokerage team from Newmark’s Long Island office is now marketing more than 679,000 square feet of newly built industrial space. The assignment includes four warehouse-and-distribution buildings...
Smart Growth Awards to honor Long Island projects and leaders
Vision Long Island will honor several people and development projects Friday, as it hosts the 23rd Annual Long Island Smart Growth Awards at the Crest Hollow Country Club in Woodbury. Over 650 att...
Batabyal: The asymmetric response of firms to demand and cost changes: a puzzle
Many firms have operations in multiple geographic locations. Data from the U.S. Census Bureau show that such geographically dispersed firms account for 70 percent of sales and payroll. Similarly, firm...
Cantor: Congestion pricing, unintended consequences and trust
Trust is essential political capital. It is a compact made with voters and legislators when asking for their support. Lose it, and it may never be recoverable when seeking political backing for import...
Striking a work/life balance requires managing a mobile workforce
While initially pursued as a temporary solution to the COVID-19 pandemic, it’s now clear that hybrid employment is here to stay, and remote work policies are part of that new reality. As of last ye...
Cricket World Cup in East Meadow keeps hotels, restaurants busy
This year marked the first time the T20 Cricket World Cup came to Long Island. And while it’s too soon to report specifics on its economic impact, local leaders say the 2024 qualifiers at Eisenhower P...
$100M redevelopment aims to reimagine Long Island mall
Just five months after a group of local commercial real estate investment firms acquired the Broadway Commons mall in Hicksville, the new owners plan to transform it into an open-air lifestyle center....
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