EXPANSIONS and OPENINGS
Canon U.S.A. said it will file site plans with the Town of Huntington for a new five-story 690,000 square-foot
headquarters in Melville (Suffolk). Canon said the company would grow its
workforce to 2,500 at the new headquarters and will serve as a model of an
environmentally responsible development project. (Long Island
Business News – June 30, 2008)
In the long disputed Cerro
Wire shopping mall proposal, Acting State Supreme Court Justine Jeffrey
Spinner ordered the Town of Oyster Bay
to issue a permit for the project and approve its site plan. The developer (Taubman Centers Inc.) proposed
a luxury mall on the 39-acre property 860,000 square-foot three level, high-end
stores. The $500 million development
plan includes Barneys New York, Neiman Marcus and Nordstrom as anchor
stores. Taubman said they are willing to
meet with town officials to work out a resolution and are hopeful to open in
the fall of 2010. (Newsday – June 11,
Three East End (Suffolk)
hospitals struggling to stay open as independent entities - Peconic Bay
and Eastern Long Island
Hospital - merged to
form the East End Health Alliance. The Alliance
will negotiate higher reimbursement contracts with health insurers and will
streamline administrative functions and purchasing departments and eliminate competition
between the hospitals. (Long Island Business News – June 20, 2008)
Garden City Hotel’s
buyer Alrose GCH has been approved by the Hempstead Industrial Development
Agency for tax breaks to remodel the four-star hotel. The IDA approved a 10-year payment in lieu
of taxes agreement that would freeze Alroses’s current $1.7 million bill for
school, county and village taxes for a three-year period and then gradually
increase those payments over the remaining seven years of the deal. By the 11th year, the hotel would be required
to pay its full share of real estate taxes.
(Newsday - June 11, 2008)
The number of workers in information technology jobs on Long Island total about 28,000 said Pearl Kamer, chief economist for the Long Island
Association. According to Barbara Viola
of Viotech Solutions, a Farmingdale (Suffolk) high-tech
staffing company, “Long Island has a
very high percentage of tech workers, but hasn’t had the media attention.” Viola has witnessed tech’s comeback on
several fronts. Her group has been
grappling with ways to ease the shortage of high-tech workers. The American Electronics Association’s also
reports a resurgence of tech growth locally, its local membership rising from
35 members to more than 200 in 10 years.
(Newsday – June 30, 2008)
Hofstra University in Garden City (Nassau)
received a $25 million capital grant from the state toward their campaign to
raise $150 million for the building of the Hofstra University School of
Medicine. Renovations of the temporary
headquarters will begin next summer and groundbreaking on the new building will
commence in the fall of 2011, the same year the university will admit its first
class. (Newsday – June 3, 2008)
The first of the EA-18G Growler electronic attack airplanes
was delivered to the Navy on 6/3/2008. Northrop Grumman Corp’s facility in
is a major contributor to the Growler.
Engineers and technicians, working in a new design laboratory in Bethpage, designed an advanced system, the ICAP III,
considered the most advanced jammer in the world. (Newsday – June 3, 2008)
Northrop Grumman Corp.
officials say the Bethpage (Nassau) facility could add “a few hundred” new jobs
in the next few years as a result of its work on electronic radar jamming
systems, such as those installed in the EA–18G Growler. Grumman has about 2,000 people currently
working in Bethpage and has slowly added jobs over
the past few years, after shedding thousands in the 1980’s and 90’s as the Cold
War wound down. In 1986, the company
employed more than 25,000 as the former Grumman Corp. was acquired by Los
Angeles-based Northrop Corp. in 1994.
(Newsday – June 5, 2008)
A new downtown
community plan designed to knit together three towns – Flanders, Northampton and Riverside
was unveiled by the Southampton Town Board.
It would bring stores, offices, apartments and a 15,000 square foot
supermarket to a 52.8 acre site in the neglected part of the town that has no
downtown center. The area to be
developed is now zoned for a variety of uses - highway business, light industry
and 15,000 square foot residential development.
The plan was subject to public hearing and initial community response
was positive. (Newsday – June 26, 2008)
The Urban League of
Long Island will receive a $750,000 state grant to help develop an economic
incubator for small business in Central Islip (Suffolk)
and surrounding communities (Brentwood, Bay Shore and Islip).
(Newsday – June 28, 2008)
Communications’ Long Island headquarters building in Garden City (Nassau) has won the U.S.
Energy Department’s Energy Star Award for operating the largest commercial
fuel-cell site of its kind in the country.
Verizon has spent less on electricity and oil and has saved $500,000 to
$600,000 a year with the fuel cells.
(Newsday – June 30, 2008)
E-Z-EM, Inc. of
was acquired by Bracco, a new parent and is letting go of 32 employees starting
June 27, 2008. The company is undergoing
IWCO Direct has
filed a WARN notice laying off 214
workers at there Melville (Suffolk)
facility. The last day of work is June
24 and June 25, 2008.
Lake Success (Nassau)-based Island Peer Review Organization (IPRO),
Inc., an "independent, not-for-profit corporation
committed to assessing and improving the value of health care services received
by consumers" states it will lay off 139 people on August 1 if the expected
loss of the current contract is finalized.
(WARN, June 9, 2008)
Foreclosures in the
East End (Suffolk) Hampton area are increasing. From October 2007 to March 2008, there were
415 “lis pendens” filed, a 30% increased compared to the prior six months. During that same six-month period 42
foreclosure auctions were scheduled for the East End,
a 40% increase. In this first quarter of
2008, more than half the homes to be auctioned on the East End were in
Southampton and East Hampton. Three of these were properties with liens
higher than $1 million. Last year on the
East End, there was no single foreclosure
auction for a property with a $1 million plus mortgage. Eight homes were taken back by banks in the
first four months of this year in the five East End Towns. There were none in the same period a year
ago. (Newsday – June 3, 2008)
Wellpoint Inc., a Medicare administration
contractor in Jericho (Nassau) is closing its site 9/30/08. The company employs 24 people and 17 are
being laid off. These individuals
conduct Medicare audits at various hospitals.
The remainder will be separated by 9/30/08.
Printing, Inc., a commercial printing facility in Syosset (Nassau) is downsizing due to lack of
business. The company laid off 50
workers in May 2008. The owner does
not plan to shut down completely and is operating with a skeleton crew.
Newspapers in Riverhead (Suffolk)
is closing on 6/25/2008 resulting in the job losses for 75 employees.