DECEMBER 30, 2016–JANUARY 5, 2017 I OUR 63RD YEAR I NO. 53 I $2.00 I LIBN.COM libn.com

WHILE THE COUNTRY BATTLED OVER A DIVISIVE THE GREAT ELECTION, LI FACED ITS OWN ISSUES OF CORRUPTION, AGING INFRASTRUCTURE AND AN ECONOMY THAT WAS SLOW TO IMPROVE. DIVIDE LIBN LOOKS AT THE YEAR IN REVIEW ›› 4

REAL ESTATE FINANCE HEALTHCARE REAL PROGRESS MAJOR HOSPITALS MERGE MADE ON NEW TAX CODE AS INSURANCE RATES DEVELOPMENTS CHANGES RISE AND ACA LARGE AND SMALL ON THE HORIZON IS IN QUESTION ›› 8 ›› 12 ›› 16 2 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 3 NEWSMAKERSOFTHEYEAR EVERYWEEK 18 Calendar 22 On Our Island Law and Government 20 Nonprofit Spotlight 25 Classifieds 1B Public/Legal Notices 4 LI COPES WITH ITS SHARE OF PROBLEMS Corruption scandals, changes to wage-and- hour rules and immigration issues THEPOLL:

Real Estate 6 REMEMBERING JUDY JACOBS TAKING A HOLIDAY AND OTHERS WHO DIED IN 2016 8 IT JUST GOT REAL Long-awaited projects move forward; commercial and residential markets improve Special Feature, Jan. 6: COMING THE FIRST 100 DAYS: SOON A NEW ADMINISTRATION Finance 12 2016 BY THE NUMBERS Reprints Capitalize on positive news and grow your business. Major tax code changes on the horizon Get the word out with reprints, e-prints and commemorative plaques. We are the only authorized provider of reprinted LIBN products. Call us today at 631.737.1700. Healthcare Do you plan to work during the holi- Events Long Island Business News hosts networking, award and days? 16 MORE QUESTIONS THAN young-professional events throughout the year. View the schedule and register for events at libn.com/eventsdirectory. ANSWERS • No - Holidays are for celebration, not work! 35% ›› 40 Under 40 Dinner – Jan. 19, 2017 • Yes - But only for as long as is necessary. 35% Hospitals merge as insurance rates rise and ›› Book of Lists Gala – March 7, 2017 • Yes - My business is open during the holidays! ACA is thrown into question ›› LIBN Business Growth Expo – March 15, 2017 16% ›› Excellence in Communication Breakfast – March 23, 2017 ›› Real Estate Awards – April 3, 2017 • Yes - I’ll be playing catch-up for much of the ›› Diversity in Business Luncheon – April 25, 2017 holiday. 13% ›› State of the Real Estate Industry – May 9, 2017 Follow us: ›› Executive Circle Dinner – May 18, 2017 Nominations Nominations for our 2017 award programs are now open: libn.com/eventsdirectory LIBN welcomes your comments and participation in online polls. Visit libn.com 4 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM NEWSMAKERS OF THE YEAR

LAW&GOVERNMENT

LI COPES WITH CORRUPTION, IMMIGRATION STRUGGLES AND OTHER MATTERS A look back at the year in law and government

By ADINA GENN And in November, James Burke, the former Suffolk County police chief, was Like elsewhere in the country, Long sentenced at the federal courthouse in Island dealt with its share of corruption Central Islip after pleading guilty in as well as questions on overtime rules, po- tential changes to immigration regulations February to a civil rights violation and and more. conspiracy to obstruct justice. Burke was Meanwhile, the Island figured promi- sentenced to 46 months. The civil rights nently into this year’s presidential cam- violation pertained to Burke beating a paign with various candidate visits, as Smithtown man who was arrested in well as a nationally televised debate from connection with stealing property and . breaking into Burke’s SCPD-issued SUV In addition, there were several notable in December 2012. For the following three deaths of Long Islanders who made a dif- years, Burke and other Suffolk County ference to the region. law enforcement authorities moved to ob- struct the federal civil rights investigation into the assault, the Justice Department Bribery, corruption, sentencings said. Nassau County Executive Edward Earlier in the year, Dean Skelos, the Mangano, his wife, Linda Mangano, and ex- senator from Rockville Cen- Oyster Bay Town Supervisor John Ven- tre, was sentenced to five years in prison ditto pleaded not guilty after they were after he was convicted of using his posi- arrested by the FBI in October. The three tion as Senate majority leader to pressure were charged with conspiracy to commit companies to provide hundreds of thou- bribery and honest services fraud, accord- sands of dollars for his son. ing to the U.S. Department of Justice. Mangano was also charged with extortion, Clinton, Trump on Long Island authorities said. The indictment of the three also in- All eyes were on the region for the first cluded obstruction of justice and making 2016 presidential debate at Hofstra Uni- false statements. As alleged in the indict- versity, where Hillary Clinton and Donald ment and other court filings, between Jan. Trump squared off. 2010 and Feb. 2015, Mangano, Venditto The televised showdown was the most and others engaged in a scheme to receive anticipated moment in an election cam- bribes and kickbacks from restaurateur paign that was both historic and unpre- Harendra Singh for their assistance in ob- dictable in the race to become America’s taining the town’s guarantee of four loans 45th president. for Singh totaling about $20 million. The The candidates sparred over trade, EDWARD MANGANO pleaded not guilty in October, along with his wife, Linda Mangano, feds say Linda Mangano got a “no-show” taxes and how to bring high-paying jobs and Oyster Bay Supervisor John Venditto. job from April 2010 to August 2014, at a back to the . restaurant owned and operated by Singh, Also this year, the candidates made Nassau Democratic Chairman Jay Jacobs. Former Secretary of State Colin Pow- which netted her at least $450,000. their rounds on Long Island. Clinton In April, Trump spoke to a crowd of ell made headlines at Crest Hollow in If convicted, each faces up to 20 years appeared at the Landmark Theater in an estimated 10,000 at a rally in Beth- October at the Long Island Association in prison on fraud charges and up to 10 Port Washington in April with Rep. Steve page, and then to a smaller audience at a years on the bribery charge. Israel, D-Huntington, for a discussion on fall luncheon when he told the crowd he And while some Republican leaders gun violence protection. She also spoke Suffolk GOP fundraiser in Patchogue at would vote for Clinton and accused Trump urged Mangano to resign, Nassau Re- at the Suffolk County Democratic Com- The Emporium. He was back, this time in of repeatedly and regularly insulting publican Joseph Mondello made no such mittee’s spring dinner at Villa Lombardi Woodbury at the Crest Hollow Country Americans. pledge. Mangano said he will stay in office in Holbrook later that month. And she Club, in May for what was billed as the Ultimately, the financial impact of while fighting the charges, while Venditto headlined a campaign fundraiser at Tim- Nassau County Republicans’ annual “Pa- Trump’s victory has raised hopes but also has not commented. ber Lake, a Glen Cove day camp owned by triots’ Reception.” concerns about the impact of a number of LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 5

the tax breaks, which include a $14 mil- lion PILOT. At the time, board members claimed a pending report from Camoin Associates, a consulting firm, would demonstrate the merits of the Green Acres Mall project. The IDA maintained in a press release that the project would produce more than $13.5 million in new sales tax revenue for the county, more than $450,000 of new revenue for the Town of Hempstead and 850 new jobs. In October, Hempstead Town Super- visor Anthony Santino called on the town board to remove its IDA board members, saying he was “outraged by the IDA’s hearing process and handling of the Green Acres Mall PILOT agreement.”

Feds: LI Welcome Center in violation of federal law The Federal Highway Administration said a new multimillion-dollar rest stop along the Long Island Expressway is in violation of federal law because it is con- ducting over-the-counter sales. According to published reports, the $20.2 million Long Island Welcome Cen- ter in Dix Hills has been selling locally produced food and drinks to visitors in HOFSTRA UNIVERSITY was the site of a presidential debate this year. part to promote tourism in New York. FHA officials say federal law allows wide-ranging policies. porary protection from deportation. And turing, commercial demonstration manu- states to place vending machines for trav- Trump will enjoy a Republican ma- there are questions about the future of facturing and house corporate offices. elers at similar rest areas but prohibits jority in both houses of Congress. In the Deferred Action for Parents of Americans, • $1 million to support Luminati Aero- over-the-counter sales. Senate, Republicans maintain a two-seat a program, recently blocked by a federal space: Luminati Aerospace will expand New York Department of Transporta- majority. New York Democrat Charles court in Texas, that protected parents the development and manufacturing of tion officials believe the sales are permit- Schumer will serve as the Senate’s mi- whose children are U.S. citizens. unmanned aerial vehicles at Riverhead’s ted, saying the welcome center supports nority leader. But experts recommend a proactive Calverton Industrial Park. The project tourism and isn’t a commercial facility. Many Long Island leaders said the big stance, so companies and individuals can will enhance the renewal of Long Island’s FHA officials say the agency intends to winner in the race was infrastructure, prepare in the face of an uncertain future, aerospace industry. Luminati Aerospace bring the state into compliance. with improvements expected across the keeping in mind that some of Trump’s is an aerospace technology company fo- The welcome center also features country. campaign rhetoric might prove time-con- cusing on research, development, testing items from Taste NY, an initiative that suming and costly to enact, while other and manufacturing of next-generation promotes New York’s food and beverage Immigration proposals could require less effort to im- solar-electric UAVs at its facility located industries. Statewide sales from the pro- plement. at the historic Calverton airbase (formerly gram more than doubled in 2016, officials Since the election, law firms that focus E-Verify, a system that allows busi- Grumman Aerospace) in Riverhead. said. on immigration – whether assisting indi- nesses to determine the eligibility of their • $500,000 to support Northwell viduals, or businesses employing foreign employees to work in the United States, Health’s Center for Advanced Engineer- Judge sends labor laws into nationals – began devoting time fielding may also become mandatory. ing: Northwell Health is currently plan- lots of questions from concerned clients. Everyone’s case, experts point out, is ning to renovate existing space within ‘overtime’ With the Trump administration’s po- different. Some have a fear of going back the Boas Marks Pavilion in Manhasset Employers may be breathing a tempo- sition on immigration unclear, attorneys to their home country, or a need to be in to establish the Center for Advanced En- rary sigh of relief after a federal judge in say they’ve seen a spike in inquiries as this country for a child’s continued medi- gineering at the Feinstein Institute for Texas blocked a U.S. Department of Labor clients seek to navigate what comes next. cal treatment. Medical Research. The center will include rule that would have raised salary limits Some attorneys have fielded questions new research space that will house clean- for overtime pay, saying the rule was about the future of regulations regarding LI granted $62 million for business room facilities for microfabrication, elec- unlawful. That rule, which was supposed the U.S. Citizenship and Immigration projects tronics and biosensors laboratories, rapid to take effect Dec. 1, is now on hold, and Services, which issues 65,000 H-1B visas prototyping facilities with 3-D printing may prompt some workers into a state of every year to foreign workers, with an- Gov. Andrew Cuomo’s regional devel- and laser fabrication equipment, and com- wage-and-hour limbo. other 20,000 for those with master’s de- opment contest awarded $62 million in putational and data analytics facilities. Many employers spent months gearing grees or higher. state aid to Long Island Thursday, about up to comply with the rule, which stated Others have been addressing questions $36 million less than last year, Cuomo’s Hempstead IDA board members that employees earning under $47,476 about what’s ahead for undocumented office announced. resign but working more than 40 hours a week residents. About one in four U.S. immi- The statewide awards, which amount would qualify for overtime pay of time- grants is unauthorized, according to the to up to $750 million in state grants and Six of seven board members of the and-a-half. Previously, the salary thresh- Pew Research Center, which reports that tax cuts, are divided among the 10 Re- Town of Hempstead Industrial Develop- old in New York was $35,100. unauthorized immigration in New York gional Economic Development Councils ment Agency resigned in November amid To comply, employers may have com- State totaled 775,000 individuals in 2014. competing for funding. a controversy over a payment in lieu of municated that they were increasing But with the president-elect’s immigra- According to the state, the $62 million taxes (PILOT) agreement. employee weekly wages to $913. Some tion policy unclear, no one is certain what will go to support 101 of Long Island’s The agreement was granted in 2014 employers may have already pushed to expect when it comes to work visas, proposals. The highlights include: between the IDA and Macerich, the own- those increases through. They might have green cards and any new required doc- • $1 million to support Modern Mead- ers of the Green Acres Mall. switched exempt employees to nonexempt, umentation and workplace enforcement ow’s manufacturing facility: Modern The agreement, which reduces prop- or hired part-timers to avoid the need to protocols. Uncertainty also looms over Meadow, a START-UP NY company erty taxes paid by the mall’s owners, was pay overtime. And they might have put Deferred Action for Childhood Arrivals, located in , will lease space at controversial to residents, who said their systems in place to track employee hours. which allowed immigrants who entered Farmingdale State College Bio Park. The school taxes had increased as a result. The preliminary injunction came just the United States illegally as children to company will use this space to conduct all Tensions were also raised as to whether apply for work permits, and offered tem- research and development, pilot manufac- enough public notice was provided about See LAW & GOVERNMENT, Page 6 6 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM NEWSMAKERS OF THE YEAR

LAW & GOVERNMENT, From Page 5 before the incoming Trump administra- tion, leaving the fate of the wage rule unknown. Experts wonder if the new president would bother with the rule, if the Labor Department will push for a hearing before the inauguration, or if the final outcome will be some sort of varia- tion of the original measure.

Notable deaths Judy Jacobs, D-Woodbury, the long- time Nassau County legislator who rep- resented district 16, died Sept. 14. The JUDY JACOBS SCOTT MARTELLA JOSEPH SUOZZI Woodbury resident was 77. Jacobs, who was selected to LIBN’s Top 50 Women in Cove’s City Court judges when he was Meyer Suozzi. Island Expressway in Manorville. 2002 and 2004, was known as a fighter elected in November 1949. He was then Survivors include his wife of 63 years, Martella, 29, of Northport, a spokes- with a lot of heart and deeply involved in 28 years of age and was said to be the Marguerite, and four children. His son man for Suffolk County Executive Steve her community, those who knew her say. youngest judge elected or appointed in the Tom Suozzi served as mayor of the City of Bellone, had previously served as an She was predeceased by her husband, United States. Glen Cove and Nassau County executive. aide to Gov. Andrew Cuomo. He was con- whom she adored. After graduating from Harvard Law His daughter Rosemary Mancini Lloyd is sidered a rising star with a great smile, She was admired and respected by Re- School, Suozzi began practicing law in a Unitarian minister and assistant pastor who was dedicated to public service and publicans and Democrats alike. And those Glen Cove. He was re-elected to the Glen of the First Church of Boston. His son is charitable causes in the name of helping who worked with Jacobs say they’ve lost a Cove bench in 1953 and then served as Dr. William Suozzi is a doctor of internal others. great friend and that they are heart-bro- mayor of Glen Cove from 1956 to 1960. medicine, and his son Christopher Suozzi Martella was a frequent visitor to Long ken. In 1961 he was elected to a 14-year is an investment banker with Credit Su- Island Cares’ main facility and distribu- Joseph Suozzi – the former Glen Cove term as justice of the Supreme Court of isse First Boston. He was predeceased by tion center in Hauppauge, taking part in mayor, Appellate Division justice and law the State of New York. He was re-elected his eldest son, Joseph Suozzi, an attorney several of the food bank’s special events. firm partner – died Oct. 16, at 95. His in 1974 for another term with biparti- and accountant who was associated with Martella had served as a regional rep- survivors include his son Tom Suozzi, a san support. In 1976, Gov. Hugh Carey Deutsche Bank in Europe. resentative at New York’s Department of Democrat, who will serve in Congress in appointed him associate justice of the The Long Island community also Labor. January representing New York’s third Appellate Division, Second Department. mourned the loss of Scott Martella, who The Associated Press contributed to district. In 1980, he left the bench and resumed died Aug. 21, along with four other peo- this report. Joseph Suozzi was the third of Glen the practice of law as a senior partner at ple, following a horrific crash on the Long n [email protected] LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 7 8 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM NEWSMAKERS OF THE YEAR

REALESTATE IT JUST GOT REAL Long-awaited projects move forward; commercial and residential markets improve

By DAVID WINZELBERG When it comes to real estate, 2016 marked a year of progress on Long Is- land, as development projects both large and small were advanced. The year saw the long-awaited start of some major efforts, including ground- breakings on the $1 billion Garvies Point mixed-use redevelopment in Glen Cove, the $2.5 billion revitalization of downtown Hempstead and the opening of the first phase of the $400 million mixed-use project called The Boulevard on 322 acres in Yaphank. Among other notable steps ahead in 2016 was Riverhead’s sale of 633 acres at the Enterprise Park in Calverton that’s earmarked for a massive indus- trial park; Islip’s planning board recom- mendation to approve the first phase of the $4 billion transformative mixed-use plan for Heartland Town Square in Brentwood; and Huntington’s transfer of a property for the first project in Renais- sance Downtowns’ reboot of Huntington Station. Hiring for the new began this year and Suffolk County Off-Track Betting began work on Long Island’s first slots parlor. Rendering of Harbor Landing at Garvies Point on Glen Cove Creek. A slew of smaller, yet no less signifi- eventually bring 555 rental apartments, Two lawsuits aimed at preventing the cant development projects in places like Farmingdale, Port Jefferson, North Ami- 555 for-sale condos, about 75,000 square start of the project were dismissed in tyville and Mineola helped add more than feet of retail and office space and 28 acres August, paving the way for the ground- 1,000 new rental apartments to the area. of waterfront esplanades and parks to the breaking. In commercial real estate, a tightening site formerly occupied by heavy industry Manhattan-based Pizzarotti-IBC is the industrial market boosted rents and sale and junkyards. project’s construction manager and Jo- prices, while institutional owners contin- Construction began on the project’s seph Roussine, a Glen Cove resident and ued to shed suburban office properties. first phase, which includes six buildings the company’s vice president of construc- of four, five and six stories on the eastern tion, will oversee building at the 56-acre On the residential side, Long Island Rendering of Heartland Town Square in real estate brokers enjoyed a busy 2016, portion of the property that will contain redevelopment on Glen Cove Creek. Brentwood. as sales eclipsed the previous year and the rental apartments and about 25,000 RXR recently completed its $125 mil- home prices continued to make gains. square feet of retail. lion bond sale for Garvies Point. Bids for First-time homebuyers returned to the More than 13 years after the project the bonds exceeded the total available by retail and 300,000 square feet of office market with a vengeance, as dwindling was first pitched, development part- more than 500 percent, according to an space to about one-third of the 460-acre inventory and the threat of rising mort- ners Uniondale-based RXR Realty and RXR statement. redevelopment site in Brentwood. The gage rates spurred sales, especially in Farmingdale-based Posillico along with first phase alone could take up to 10 the fourth quarter. City of Glen Cove opened the complex’s Islip planning board recommends years to complete. welcoming center in May. Heartland approval First pitched 14 years ago, after de- Groundbreaking for $1B Glen Cove It’s been a long haul. The city signed veloper Gerald Wolkoff purchased the a land development agreement with the The Town of Islip’s planning board former Pilgrim State psychiatric hos- project project’s original developers in 2003 and voted in August to recommend that the pital property from the state for $20.1 The developers of the $1 billion Gar- initial approvals were granted in 2008, first phase of the $4 billion Heartland million, the Heartland redevelopment vies Point mixed-use project in Glen Cove but the start of construction was delayed Town Square mega-project be approved. would eventually create 9,100 apart- held a groundbreaking ceremony earlier by the massive cleanup needed to reme- The planning board recommended the ments, 1 million square feet of retail this month at the Glen Cove Ferry Ter- diate the once-toxic property, changes in approval for the project’s first phase, space and more than 3 million square minal. the development team and poor market which was proposed to bring more than feet of offices at the Brentwood site. The Garvies Point redevelopment will conditions. 3,000 apartments, 400,000 square feet of The Islip planning board reduced LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 9

Suffolk OTB’s slots parlor is under con- struction at the Islandia Marriott. the originally proposed size of the first phase by limiting building heights to five stories. Heartland principal David Wolkoff told LIBN that he is encouraged that the approvals process is moving from the planning board to the town board. “I hope the town board approves the entire project,” he said. Gerald Wolkoff says Heartland’s planned mix of rental apartments, shops, restaurants and offices will even- tually generate about 23,000 permanent jobs and at least 1,500 construction jobs annually throughout its buildout, which could stretch into three decades. Rendering of the new Nassau Coliseum scheduled to open in April. revitalization of downtown Hempstead. Casino approved for Islandia The ceremony marked the start of Marriott demolition of 178 Main St., the former home of the Mack Markowitz Oldsmo- The Village of Islandia voted in Au- bile dealership, which will be the site of gust to approve a planned Suffolk OTB a new mixed-use project that will bring slots parlor at the Islandia Marriott 96 “workforce” apartments and 5,500 Hotel. square feet of restaurants and retail Long Island’s first casino, unani- shops. mously approved by the village board, is The project is one of four that have to be developed by Buffalo-based Dela- received site-plan approval from the ware North and is earmarked for 1,000 Village of Hempstead and headed by the video lottery terminals. revitalization effort’s master developer The 279-room hotel is to be purchased Renaissance Downtowns and its part- by a Delaware North Company affiliate, ners UrbanAmerica and RXR Realty. which would then lease back space in The $2.5 billion downtown revital- the hotel for the video lottery terminals ization initiative is expected to create facility. The Islandia Marriott is owned 12,000 construction jobs and 6,000 per- by Columbia Sussex – a hotel company in manent full-time jobs and is expected to Rendering of the first project in the revitalization of Huntington Station. Crestview Hills, Kentucky – whose port- generate tens of millions in new annual folio also includes the Melville Marriott. tax revenue. More than $30 million for as part of Huntington Station’s revital- Suffolk OTB had previously proposed Town transfers site to start public infrastructure improvements Huntington Station reboot ization. Still in the approval process is the casino be built at the former Show- have laid the groundwork for the effort a proposal for a mixed-use building at case Cinemas property in Medford, but to move forward. The goal is to trans- The Town of Huntington has trans- New York Avenue and Olive Street that scrapped those plans after stiff commu- form Hempstead’s under-performing ferred a half-acre property that will be will include 66 rental apartments over nity opposition. The agency wanted to downtown into a vibrant, mixed-use, the site of the first project in Huntington ground-level retail. Renaissance has build a 98,000-square-foot slots parlor walkable neighborhood. Station’s long-awaited revitalization. also proposed a hotel and office build- with 1,000 gaming machines on the In 2007, UrbanAmerica was rebuffed Renaissance Downtowns, the town’s ing for New York Avenue and Railroad 32-acre site of the former multiscreen in its solo attempt at a $2 billion make- designated master developer for the Street, across from the train station, movie complex it had purchased for the over of Hempstead’s downtown, when Huntington Station makeover, took and artists’ lofts in what is now a mu- purpose. However, a group of civic orga- Mayor Hall couldn’t gather enough votes title of the parcel on the corner of New nicipal parking lot at New York Avenue nizations and some local residents filed a from the village’s board of trustees. York Avenue and Northridge Street this and Church Street. lawsuit in an effort to block construction. The other three projects that have month and will partner with Blue & Suffolk OTB also considered a site within site-plan approval include mixed-use Gold Homes in constructing a mixed-use Late scratch: State cancels Republic Airport in East Farmingdale be- housing featuring workforce, tiered building with 16 rental apartments over fore focusing on the Islandia Marriott. mixed-income and market-rate apart- 6,500 square feet of retail space. Belmont redevelopment effort The long-awaited slots parlor is slated ments, as well as thousands of square Plainview-based Renaissance Down- Four years after the state fielded four to add 350 permanent jobs and pour mil- feet of restaurant, retail, amenity and towns has committed to spend $5.3 proposals for redeveloping under-utilized lions into the local economy, according commercial office space. million to develop the property, which parking lots at , the selec- to Suffolk OTB officials, who have said Donald Monti, founder and CEO should generate about $55,000 in tax tion process was abruptly ended. revenue from the casino would lift it out of Renaissance Downtowns, said the revenue the first year, rising to about The Empire State Development Corp. of bankruptcy, paying off $17.5 million groundbreaking allows his company “to $132,000 in 15 years, according to a informed the four bidders earlier this worth of debt dollar for dollar. showcase the true value of socially, en- town statement. As part of its commu- month that it was canceling its request vironmentally and economically respon- nity benefits agreement, Renaissance for proposals first issued in 2012 that sible development.” has also pledged to seek local contrac- Work begins on Hempstead’s aimed to reimagine two of the racetrack’s Monti’s development partner, Scott tors for the work and make payments long-awaited downtown reboot parking lots. Rechler, CEO of RXR Realty, called into a fund to be used for community The decision to cancel the RFP came A host of elected officials joined de- Hempstead’s downtown “a key transpor- projects. after the largest of the proposals, a $400 velopers and community leaders this tation hub with excellent Long Island The Northridge Street development, million, 25,000-seat soccer stadium month at a groundbreaking ceremony Rail Road, bus and automobile access” which awaits building permits, is one of for the first project in the long-awaited in the center of Nassau County. several projects on the drawing board See REAL ESTATE, Page 11 10 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 11 NEWSMAKERS OF THE YEAR

REAL ESTATE, From Page 9 In December 2015, Nassau Regional employee will be trained by the Disney caused them to throw up their hands and Off-Track Betting announced it would Institute, which also trains staff at Bar- walk away. pitched by the , ap- push to build a slots parlor at Belmont clays Center in Brooklyn. In 2012, the town picked Garden City- peared to be in jeopardy, following pub- Park. But that plan was scratched after The venue, now officially known as based Albanese Organization for the lished reports of the team’s dire financial Nassau OTB made a deal in March to put the Nassau Veterans Memorial Coliseum Grand Avenue project. Albanese pitched situation. The Cosmos plan also included the 1,000 video lottery terminals at the presented by New York Community a $45 million plan to build 142 units of 250,000 square feet of retail space, nine Resorts World racino at Aqueduct Race- Bank, opens April 5 after a $260 million rental housing above 29,000 square feet of restaurants and a 175-room hotel to be track in Queens. renovation. The revamped arena will retail within walking distance of the Bald- built by Queens-based Mattone Group. offer 13,000 seats for hockey, 13,500 for win station, but The other three proposals would have Hiring for 1,300 Coliseum jobs basketball and 14,500 for concert config- that proposal never got off the ground. converted most of the property into a big- begins urations, with the ability to flex up. The Fast forward to this year and the town box and grocery-anchored retail center. bowl will have a theater seating option has again thrown its support behind the Manhattan-based Related Development The hiring effort to fill 1,300 jobs at for 4,000 guests. original development group. Engel Bur- wanted to build 327,000 square feet of the new Nassau Coliseum is getting un- man principal Steven Krieger said the retail, 21,000 square feet of restaurants, derway. Hempstead reboots renewal plan timing is right this time around. a junior soccer field and a playground. AEG Facilities and Levy Restaurants, for Baldwin “The economy is different than it was,” A plan from Garden City-based Engel which were contracted by Brooklyn Krieger told LIBN. Burman Group and its joint venture Sports & Entertainment, the Coliseum’s An on-again, off-again effort to revi- Though the plan has yet to be de- partner Basser Kaufman called for a management, are working in concert talize a long-neglected section of Grand signed, Krieger said it will include a 300,000-square-foot retail center, an ath- with Nassau County and New York State Avenue in Baldwin is on again. mixed-use development with retail and letic field with a 2,500-seat to hire people to work as bartenders, The Hempstead Town Board unan- next-generation rental housing that will and a community center. Another by servers, concession stand workers, cooks, imously voted in September to select a make for a walkable experience. Syosset-based Blumenfeld Development box office ticket sellers and maintenance team of Garden City-based Engel Burman “We will start meeting with the com- Group would have turned the south lot workers, according to a BSE statement. Group and Basser Kaufman of Lawrence munity and it’s going to be a collaborative into a big-box-anchored shopping plaza The state Department of Labor’s Em- as master developers for a 6-acre, mostly effort,” he said. accompanied by an athletic field and bas- ployment and Workforce Solutions is pro- blighted section of Grand Avenue. Engel Burman and Basser Kaufman ketball and tennis courts. viding recruiting and screening services This will be the second go-round for were chosen by the town over Breslin In November 2015, ESD told the re- and BSE officials are meeting with local the developers in the town’s attempts Development, the other developer that spondents that it was removing an 8-acre community groups, elected officials and to renew the area of Grand Avenue that responded to Hempstead’s most recent re- parking lot on the north side of Hemp- nonprofits to spread the word on the job runs a couple of blocks north from Mer- quest for proposals for the Baldwin effort. stead Turnpike from the project site. The opportunities. rick Road. In 2006, the same development Hempstead Supervisor Anthony Santino agency then summoned the developers to Candidates for event-related positions team was chosen by the town to reimag- said the town would do everything it could a meeting at its Manhattan headquarters will be interviewed at job fairs in Jan- ine the area’s stretch of vacant stores and to facilitate the project and didn’t rule out the following month to re-present their uary and training will begin in March. rundown buildings. But the developers using eminent domain to help assemble plans for the remaining 28-acre lot on First consideration for positions will were stymied by a failure to acquire the the properties for acquisition. the south side of the turnpike. be given to Uniondale residents. Each properties in the way of the project, which n [email protected] 12 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM NEWSMAKERS OF THE YEAR

FINANCE

2016 BY THE NUMBERS Major tax code changes on the horizon

By CLAUDE SOLNIK 2016 neared its end, but all agreed they votes to override a filibuster that could tie but ranked among the best in the nation would seek dramatic changes to the tax tax policy in knots. for corporate taxes in a widely watched Mergers were called off, the research code, potentially reducing payments for Individual rates would be 33 percent, annual report card. credit was expanded and studies showed Long Islanders spent a big portion of their many. 25 percent and 12 percent; the latter is New York ranked 49th, ahead of only income on housing. Taxes remained a big Trump called for three instead of higher than the current nadir of 10 per- New Jersey, including all taxes, but its burden, but a study showed the state’s seven brackets, a top individual rate of cent. corporate tax rank placed seventh, putting corporate tax load had lessened. The year 33 percent down from 39.6 percent and a Trump campaigned on killing the it toward the top in the rankings for that ended with talk about revamping the corporate rate of 15 percent down from 35 estate tax, which currently kicks in at category by the 2017 State Business Tax federal tax code, potentially turning 2016 percent. around $11 million for married couples. Climate Index from the Tax Foundation. into a watershed year. “The tax rates are going down,” Lance New York implemented a corporate tax Christensen, a partner in Margolin, Among worst for overall taxes, reform package that the foundation said Winer & Evens in Garden City, said. NY nearly best for corporate taxes moved it from 11th to seventh over the Tax code in transition “We’re making projections, gathering in- prior year. President-elect Donald Trump, House formation.” New York State ranked second to last The state lowered its corporate income Speaker Paul Ryan and a Republican-con- Time frame is a big question as well as in terms of business tax climate, continu- tax rate this year from 7.1 to 6.5 percent trolled Congress differed on details as the Senate, where Republicans need 60 ing its grasp of one of the bottom rungs, and reduced the capital stock tax rate LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 13

from 0.15 to 0.125 percent. ing accounting for more than one-third The state’s income tax, however, of that, according to the U.S. Bureau of placed 49th, while sales tax ranked 43rd Labor Statistics. and property taxes placed 47th. Chief Regional Economist Martin Kohli said New Yorkers’ total average house- Astoria, NYCB call off merger hold spending was “significantly higher” than the $54,715 national average. Astoria Financial Corp. and New York New York City metropolitan area Community Bancorp called off their pro- residents spent 39.6 percent of all their posed merger, after more than a year of expenditures on housing, the highest speculation and anticipation. percent of the 16 metropolitan areas for The two banks in December said their which the study provided data. boards had decided to end the agreement Los Angeles finished second in terms of as of Jan. 1, 2017. Neither bank provided the percentage of spending on housing at additional information when contacted by 37.4 percent followed by San Francisco at LIBN. 37.1 percent. The banks’ shareholders in April had New York metro area residents spent approved the deal, signed Oct. 28, 2015, 12.7 percent or $8,002 on transportation, subject to various terms, in a match be- lower than the 17 percent national aver- tween two of the region’s biggest banks. age. NYCB on Nov. 9 said based on discus- sions with its regulators that the bank “does not expect to receive the regulatory Credit union, bank showdown approvals required to consummate the The seemingly never-ending battle proposed merger” with Astoria by the end between banks and credit unions went of 2016. beyond competition for loans, as banks Under the terms of the merger, either headed to court to try to block credit company could terminate the agreement unions’ efforts to increase commercial with no penalty if the deal didn’t close in lending. 2016. Credit unions are nonprofit financial institutions that pay no taxes, a freedom NY metro tops in housing spending designed to let them serve specific, tra- Households in the New York City met- ditionally small, communities in under- ropolitan area spent $62,872 on average served areas or companies. Photo by Judy Walker Banks argue credit unions have long per year in 2014 and 2015, compared to LANCE CHRISTENSEN: Many people’s tax liability is likely to be lower in upcoming a $54,715 national average, with hous- See FINANCE, Page 15 years. 14 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 15 NEWSMAKERS OF THE YEAR

FINANCE, From Page 13 cent a year ago to 3.7 percent while Suffolk County’s rate decreased from 4.3 percent since left behind their initial mission and to 4.1 percent. become more like them without the ability Tompkins County had the lowest rate to issue stock in public markets or the re- among New York counties in November at 3.4 quirement to pay taxes. percent followed by Columbia County at 3.5 The National Credit Union Adminis- percent and Saratoga County at 3.6 percent. tration recently took the battle to a new level, allowing credit unions to do more LI middle class shrinks as commercial lending and loosening restric- extremes increase tions on adding members. The Independent Community Bankers Long Island’s middle class is shrinking, of America fired back in September with a according to a study issued by the Long Is- lawsuit against the National Credit Union land Association titled “Long Island’s Thin- Administration, challenging the agency’s ning Mid­dle Class.” loosening of commercial lending. The Island’s median household income rose from $51,669 in 1990 to $68,555 in Feds expand R&D tax credit 2000 and $92,238 in 2014, according to the U.S. Census Bureau. The federal research and develop- The study concluded, however, that ment credit was expanded, allowing it to while numbers increased at the top and help startups, even if they aren’t gener- KAREN O’CONNOR: ‘The intention was to get cash into the hands of people trying to find bottom, the middle class was becoming a ating income. new pro­cesses and products.’ thinner slice of the region’s population. Karen O’Connor, director of corporate The study defines middle class as $92,238 tax services at Marcum, with Long Is- receipts of less than $5 million and no LI unemployment rate drops to $138,492 with the average household size land operations based in Melville, said gross receipts beyond the past five years of three people, taking into account the high Long Island’s not seasonally adjusted this could make the credit useful to the will be able to apply R&D tax credits to- cost of living on Long Island. firms that need it the most. ward up to $250,000 in payroll taxes. unemployment rate toward year end con- The middle class by that definition “The intention was to get cash into Even firms that aren’t making money tinued to drop, falling to 4.0 percent in dropped 8 percentage points from 1990 the hands of people trying to find new can carry their R&D tax credits back November from 4.1 percent a year ago, from 27.3 percent to 19.4 percent of all processes and products,” she said, not- one year and use them 20 years forward. according to data from the New York State households. ing it so far typically took five years be- Manufacturers often qualify, as well Department of Labor. The lowest of five groups with house- fore startups had earnings toward which as engineering and architecture firms, Long Island’s rate was also down from holds up to half the median income or they could use the credit. “They said, chemical companies, breweries, software, 4.1 percent in October in what appeared to $46,164 grew by 3.4 percent since 1990 ‘Why don’t we add a rule?’” electronics, biotech, pharmaceutical, profes- be a good November for the region. from 21 percent to 24.4 percent in 2014. Startups as of 2017 with annual gross sional service, lumber and other firms. Nassau County’s rate fell from 3.8 per- n [email protected] 16 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM NEWSMAKERS OF THE YEAR

HEALTHCARE

MORE QUESTIONS THAN ANSWERS IN HEALTHCARE Hospitals merge as insurance rates rise and Affordable Care Act is in question

By CLAUDE SOLNIK ACA thrown into question without a mandate to be insured, some see that as the linchpin of expanded coverage. The past year began amid a debate over the Afford- The election of a Republican president and Congress Per-capita healthcare spending in 2015 grew by 5.0 able Care Act and ended with elections transferring threw the future of the Affordable Care and Patient Pro- percent and overall health spending grew by 5.8 percent, power to the Republican Party, which vowed to cur- tection Act, also known as the ACA, into doubt as 2016 tail or undo the legislation. Meanwhile, various Long ended. according to a study by the Office of the Actuary at the Island hospitals affiliated, insurance rates rose and President-elect Donald Trump recently said he favors Centers for Medicare & Medicaid Services. urgent care and ambulatory care centers continued keeping key elements, such as insuring people with pre- Spending on prescription drugs increased 9.0 percent to open. These were just a few of the trends in a year existing conditions and keeping adult children on parents’ in 2015, lower than the 12.4 percent growth in 2014, but where healthcare as well as the nation itself was in plans until age 26. far higher than the 2.3 percent increase in 2013, according transition. While the healthcare system operated for many years to CMS. LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 17

LI health insurance premiums rise how to use emergency departments for critical slower than U.S. average conditions, while turning to urgent care for smaller problems. libn.com Health insurance costs are rising far below And they will refer patients to each other, the national average on Long Island for plans although not exclusively, providing greater PUBLISHER within the New York State Health Insurance ease of access of medical records when patients Scott Schoen Marketplace, according to the Suburban Hos- [email protected] transition from one to the other. 631-737-1700 pital Alliance. CityMD has 15 locations across Long Is- EDITOR The group, whose affiliates include the land, which are able to provide urgent care to Joe Dowd Nassau-Suffolk Hospital Council, made that the nearly 300,000 patients served by the CHS [email protected] statement as open enrollment continued late Healthcare Network. 631-913-4238 in 2016. CHS’s more than 17,500 employees also can ADVERTISING DIRECTOR The Alliance didn’t give specific numbers tap CityMD’s services through what CityMD Joe Giametta but said “depending upon the level plan se- called the “largest employee referral partner- [email protected] 631-913-4233 lected, the average premium increases in the ship on Long Island.” Hudson Valley and Long Island regions are EVENTS MANAGER well below the national average.” Melissa Rose PM Pediatrics tops 1M patient visits [email protected] Monthly premiums for the Essential Plan, 631-913-4258 an option for adults with low incomes, remain Lake Success-based urgent care provider PUBLIC NOTICE PM Pediatrics in July said it reached a mile- at $20 or no cost, depending upon an individu- Robin Burgio al’s income. stone, providing services to 1 million patient [email protected] 631-737-1700 PM PEDIATRICS: The provider has served visits since launching in 2005. NYU Langone, Winthrop approve more than 1 million patients. The firm has grown to 19 locations in New ACCOUNT MANAGERS York, New Jersey and the Washington, D.C. Joe May merger [email protected] percent stake in the Suffolk Surgery Center, a metropolitan area including four in Long Is- 631-913-4259 In a move that will give a major Manhat- freestanding, multispecialty outpatient practice land in Syosset, Selden, North Babylon and Steve Opara tan-based healthcare system a large Long at 1500 William Floyd Parkway in Shirley. Carle Place. [email protected] Island presence, NYU Langone Medical Center The center’s nine physician owners con- Each location features digital X-rays and 631-913-4232 laboratories used for rapid tests and treats a Barbara Pescuma and Winthrop-University Hospital reached a tinue to retain a 30 percent stake in the facil- [email protected] deal to affiliate and then merge. ity that specializes in general, ophthalmologic, broad array of illness and injuries including 631-913-4249

Under the terms of the agreement, the two orthopedic, gastroenterology, podiatric, pain asthma, fever, infections, dehydration, frac- CLASSIFIED ACCOUNT EXECUTIVE will affiliate for five years before a full merger management and colorectal surgeries. tures, wounds requiring stitches and more. Joe Parrino of assets. The hospital, however, could change The system plans to open nearly 20 more PM Pediatrics, which is open every day [email protected] its name after obtaining approvals. ambulatory surgical centers throughout the until midnight, is staffed by pediatric emer- 631-913-4253 NYU Langone, based on Manhattan’s East New York metropolitan area, including east- gency specialists focusing on treating patients SPECIAL SECTIONS EDITOR Side and in Brooklyn, also operates more than ern Suffolk, over the next several years. from cradle through college age. Bernadette Starzee [email protected] 150 ambulatory sites, including more than 40 Northwell Health already was approved to 631-913-4225 practices in Queens and Long Island. develop a new ambulatory surgery center in Amedisys acquires VNA of LI LAW & GOVERNMENT Winthrop, a 591-bed hospital in Mineola, Syosset in partnership with physicians. Adina Genn had been seeking a merger partner amid in- The system also submitted an application Baton Rouge, La.-based Amedisys has ac- [email protected] creasing pressure. to the state to acquire a 51 percent stake in quired Garden City-based Visiting Nurse Asso- 631-913-4241 Winthrop also operates a recently expanded the Melville Surgery Center, an ambulatory ciation of Long Island for $4.6 million. HEALTHCARE / ENERGY / FINANCE ambulatory surgery center in Garden City, a surgery center in Melville. Amedisys, a publicly traded firm listed on Claude Solnik the NASDAQ, is a home healthcare and hos- [email protected] specialty center in Deer Park and a CyberKnife Northwell Health also is building two am- 631-913-4244 pice company. Center in Manhattan for prostate cancer. bulatory surgery centers in partnership with REAL ESTATE / RETAIL / FRANCHISING It also maintains a network of physicians physicians in Manhattan, including Green- Visiting Nurse Association of Long Island, one of the nation’s oldest visiting nurse asso- David Winzelberg including 66 faculty and community-based wich Village and in Midtown on Manhattan’s [email protected] practices with more than 140 locations from West Side. ciations founded in 1915, filed for bankruptcy 631-913-4247 Shelter Island and Riverhead to Manhattan. last June. It is a federally and state certified WEB PRODUCER home health agency that at one time served National urgent care franchise comes Jenna Macri 450 to 500 patients a week. [email protected] Stony Brook, Mount Sinai affiliate to LI Amedisys partners with more than 2,200 631-913-4246 RESEARCH MANAGER In a year plentiful with partnerships, Stony Birmingham, Ala.-based American Family hospitals and 61,900 physicians nationwide Brook University and the Mount Sinai Health and has more than 16,000 employees and 421 Kathy Lombardo Care is opening its first urgent care center on [email protected] System signed an affiliation agreement in- Long Island, joining the numerous other cen- care centers in 34 states, caring for 340,000 631-913-4248 cluding collaborations on research, academic ters that already dot the region. patients a year. NEWS DESIGNER programs and clinical care. But this medical business model is a little Emily Marjamaa The providers said the teaming could pro- different: It’s a franchise. Schneiderman investigates Mylan for CARTOONIST mote advances in medicine, expand clinical The region, already a hotbed of franchises antitrust breaches Matt Bodkin trials, capitalize on each entity’s strengths and from barbershops to fast food restaurants, from create a partnership spanning New York City tax preparation companies to gyms, is now get- The New York State attorney general in CONTRIBUTING WRITER and Long Island. ting its first AFC urgent care franchise. September announced the state is investigat- Lisa Morris Josefak Suzanne Mobyed The two institutions will develop research The company, which operates about 160 ing Mylan Pharmaceuticals, the maker of the programs in areas such as biomedical engi- EpiPen, for possible antitrust violations in its centers nationwide including in New York Send address corrections to neering, computer science, drug discovery, City, unveiled a 4,000-square-foot center in dealings with school districts. 2150 Smithtown Ave., Suite 7 medicinal chemistry sciences, neuroscience, Attorney General Eric Schneiderman said Ronkonkoma, N.Y. 11779-7348 East Meadow. On Long Island: 631-737-1700 neurology and psychiatry. There are 9,000 urgent care centers in a preliminary review by his office found that Fax: 631-737-1890 Mount Sinai and Stony Brook also will Mylan may have inserted anti-competitive the United States, compared to about 7,000 Customer Service­ launch summer programs for undergraduate, Burger Kings, with projections indicating terms in sales contracts with local school dis- For inquiries, call 800-451-9998 graduate and postgraduate students. there could be 20,000 in five years. tricts. To locate your nearest LIBN The two plan to invest a combined $500,000 Mylan’s EpiPen is used to inject epineph- newsstand call (718) 937-0402 to create pilot programs selected and overseen CHS, CityMD partner rine in cases when the individual suffers a by a committee with three representatives severe allergic reaction, which could otherwise from each institution. Rockville Centre-based Catholic Health lead to death. Services of Long Island and Manhattan-based Mylan, which acquired the EpiPen rather urgent care provider CityMD agreed to partner, than developing it through its own research, Long Island Business News (ISSN 08944806), Northwell Health takes majority stake (USPS No. 318-380) is published weekly by Long seeking to better inform patients and provide hiked prices substantially in recent years, Island Business News Inc., 2150 Smithtown Ave., Suite in surgery center 7, Ronkonkoma, N.Y. 11779-7348. Periodicals, 52 issues seamless care by making data flow more easily. prompting criticism and concerns from numer- in 2016 plus 4 additional issues in the months of March, October, November and December mailed separately In its seventh such joint venture, New Hyde The health system and urgent care chain ous U.S. legislators. and periodicals postage paid at Ronkonkoma, N.Y. 11779 at additional entries. Phone: Park-based Northwell Health has acquired a 70 said they will seek to inform patients more of n [email protected] 631-737-1700, Fax: 631-737-1890. 18 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM

Job Search, Hempstead, 6:30-8:30 p.m. Call (516) NYSSCPA-Nassau Chapter, Small Firm MAP Com- SATURDAY 481-6990. mittee Event: Value-Added Service: Pension Plan 11 Update, On Parade Diner, Woodbury, 8-10 a.m. Call Long Island Regional Seed Consortium, Seed Swap, Long Island Advancement of Small Business, Winter (516) 938-5219 or email [email protected]. Suffolk County Community College, Riverhead, Roundtable, Adelphi University, Hauppauge, 7:30- noon-4 p.m. Email [email protected]. 10 a.m. Visit www.liasb.com or call (516) 473-7202. SUNDAY 22 , Breakfast TUESDAY14 Long Island Business Advantage Network South Bay Art Association, 60th Anniversary Meeting, Panera Bread, Port Jefferson Station, Celebration, Pine Grove Inn, East Patchogue, IMA Long Island, The Owner’s Journey: Business DON’TMISS 7:30-8:30 a.m. Call (631) 834-9671. noon-3 p.m. Call (631) 256-SBAA or email info@ Transition, Family & Non Family Businesses, Woodbury Country Club, Woodbury, 6-8:30 p.m. Nassau County Bar Association, Dean’s Hour: Transi- SouthBayArt.org. Call (631) 391-1071 or visit www.longisland. tioning Your Law Practice, Mineola, 12:30-2 p.m. Call (516) 747-4070 or email [email protected]. MONDAY23 WEDNESDAY15 January New York State Bar Association, Amendments To Long Island Advancement of Small Business, Monthly , Long Island Go Red the Statewide Commercial Div Rules, Webinar, Meeting of the New Entrepreneur Group, location American Heart Association for Women Luncheon, Crest Hollow Country Club, 12:30-1:30 p.m. Visit www.nysba.org. TBD, 6-8 p.m. Call (516) 822-1381 or visit www. TUESDAY3 liasb.com/membership/new-entrepreneurs-group/. Woodbury, 8:30 a.m.-2 p.m. Call (516) 962-0801 or visit longislandgoredluncheon.ahaevents.org. Dale Carnegie Training of Long Island, Leadership THURSDAY 12 imanet.org/. Training for Managers: Preview Session, Hauppauge, TUESDAY24 ActionCoach, 90-Day Planning Workshop, LaunchPad 6-7:30 p.m. Visit www.longisland.dalecarnegie.com. Long Island Advancement of Small Business, LIASB LI, Mineola, 1-5 p.m. Visit https://acmnygcq12017. Farmingdale Small Business Development Center, Information & Cyber Security for Small Business, Great Nexpectations BNI, Networking Breakfast, eventbrite.com. Focusing on the Financials: Accounting Principles Adelphi University, Hauppauge, 7:30-10 a.m. Visit Seven Seas Diner, Great Neck, 7-8:30 a.m. Also for Your Business, Farmingdale State College, New York Institute of Technology and Long Island www.liasb.com or call (516) 473-7202. Jan. 10, 17, 24 and 31. Call (516) 352-1366 or Farmingdale, 9-11 a.m. Visit www.farmingdale. Capital Alliance, Growing Your Business from the email [email protected]. edu/sbdc or call (631) 420-2765. , Attorney Training for the Ground Up: Entrepreneur Education Series, New Nassau Suffolk Law Services SSI/SSD Application Project, Islandia, 9 a.m.-1 p.m. IBO, Business Referral Networking Group, Empire York Institute of Technology, Old Westbury, 5:30-8 WEDNESDAY25 Email [email protected] or call (631) 232-2400. Diner, Hicksville, 7:30-8:30 a.m. Also Jan. 10, 17, p.m. Email [email protected]. 24 and 31. Call (516) 467-6839. Long Island Business Advantage Network, Breakfast FRIDAY13 Meeting, Panera Bread, Port Jefferson Station, FRIDAY17 7:30-8:30 a.m. Call (631) 834-9671. NYSSCPA Nassau Chapter, Small Firm MAP Commit- WEDNESDAY4 Farmingdale Small Business Development Center, tee Event: Early Tax Season Issues Roundtable Dis- Quickbooks: 3-Part Series, Farmingdale State Col- Vishnick McGovern Milizio, Exit Planning for Busi- BNI Executive Referral Exchange, Networking Meet- cussion, On Parade Diner, Woodbury, 8-10 a.m. Call lege, Farmingdale, 9-11 a.m. Also Jan. 20 and 27. ness Owners, Should I Have a Trust?, Lake Suc- ing, Dix Hills Diner, Dix Hills, 7-8:30 a.m. Also (516) 938-5219 or email [email protected]. Jan. 11, 18 and 25. Email [email protected]. Call (631) 420-2765. cess, 5:45-7:30 p.m. Email [email protected] or call (516) 390-3027. Farmingdale Small Business Development Center, Long Island Association, Executive Breakfast: State MONDAY20 of the Region Report, Crest Hollow Country Club, International Living Mastermind Group, Farming- Long Island Advancement of Small Business, Monthly Woodbury, 8-10 a.m. Call (631) 493-3009 or (631) FRIDAY27 dale State College, Farmingdale, 9-10:30 a.m. Also Meeting of the New Entrepreneur Group, Location 493-3033. , Kick-off Breakfast for An- Jan. 11, 18 and 25 and Feb. 1, 8, 15 and 22. Visit Helen Keller National Center TBD, 6-8 p.m. Call (516) 822-1381 or visit www. www.farmingdale.edu/sbdc or call (631) 420-2765. nual Helen’s Run/Walk, Sands Point, 8:30-10 a.m. Call Long Island Metro Business Action, The Vote Next liasb.com/membership/new-entrepreneurs-group/. (516) 833-8310 or email [email protected]. LeTip Rocky Point Chapter, Networking Meeting, Rocky Year on Whether to Have a Constitutional Conven- Point Diner, Rocky Point, 7-8:30 a.m. Also Jan. 11, 18 tion, Clarion Hotel, Ronkonkoma, 8-9:30 a.m. Call WEDNESDAY22 (631) 757­-1698 or email [email protected]. TUESDAY31 and 25. Call (631) 791-9970 or (631) 220-4983. Long Island Business Advantage Network, Breakfast Dale Carnegie Training of Long Island, How to Increase New York State Bar Association, Basics of Vehicle & Meeting, Panera Bread, Port Jefferson Station, Patchogue LeTip, Networking Breakfast, California Sales by Building the Customer Relationship, Traffic Law in NYS, Webinar, noon-1:50 p.m. Visit 7:30-8:30 a.m. Call (631) 834-9671. Diner, Patchogue, 7-8:30 a.m. Also Jan. 11, 18 and Hauppauge, 6-7:30 p.m. Visit www.longisland. www.nysba.org. 25. Call (631) 261-4200. dalecarnegie.com. SUNY Old Westbury Regional Center for Autism Spec- THURSDAY5 trum Disorders, Teaching to Successful Outcomes: Farmingdale Small Business Development Center, Creating a Marketing Plan, Farmingdale State March AVZ and Long Island Business News, Outlook 2017, Supporting Children with Autism in the Home, School, and Community, SUNY College at Old College, Farmingdale, 9-11 a.m. Visit www. Crest Hollow Country Club, Woodbury, 8-10 a.m. farmingdale.edu/sbdc or call (631) 420-2765. Visit www.libn.com or call (631) 913-4258. Westbury, Old Westbury, 8 a.m.-3:45 p.m. Visit TUESDAY7 www.owautism.com. Nassau County Bar Association, Four Views from Friends of Karen, LI Advisory Board Meeting, New BNI Meadow’s Edge, Networking Breakfast, Air- the Bench: Hot Topics in Litigation, Mineola, 5:30- York Life Building, Melville, 6-7 p.m. Call (631) 473- port Diner, Bohemia, 7-9:30 a.m. Also Jan. 12, TUESDAY17 7:30 p.m. Call (516) 747-4070 or email academy@ 1768 or email [email protected]. 19 and 26. Call (917) 922-3028 or email jarrodg@ Farmingdale Small Business Development Center, nassaubar.org. jarrodmichaelstudios.com. , Book of Lists Gala, How to Write a Business Plan, Farmingdale Long Island Business News Crest Hollow Country Club, Woodbury, 6-9 p.m. State College, Farmingdale, 9-11 a.m. Visit www. Call (631) 913-4258 or email [email protected]. FRIDAY6 farmingdale.edu/sbdc or call (631) 420-2765. New York State Bar Association, Client Counseling February , in Elder Law, Webinar, noon-1:50 p.m. Visit www. Long Island Center for Business & Professional Women TUESDAY14 My Point of View: Lessons in Leadership, Career nysba.org. , CEO Panel, Woodbury Country Satisfaction and Success with Laurie Toscano of WEDNESDAY 1 IMA Long Island Club, Woodbury, 6-8:30 p.m. Call (631) 391-1071 or Estee Lauder, Fox Hollow, Woodbury, 6-8:30 p.m. MONDAY9 Nassau County Bar Association, Legal Malpractice visit www.longisland.imanet.org/. Call (631) 673-0209 or email [email protected]. Update, Mineola, 5:30-8:30 p.m. Call (516) 747- New York State Bar Association, Trying Cases, We- ODNLI, Dinner Meeting, ClearVision Optical, 4070 or email [email protected]. binar, noon-1:20 p.m. Visit www.nysba.org. WEDNESDAY15 Hauppauge, 5:30-8 p.m. Call (516) 364-1116, ext. Long Island Business News, Business Growth Expo, 21 or email odnetworkli.org. THURSDAY 2 TUESDAY10 Carlyle on the Green, Farmingdale, 11 a.m.-5 p.m. Nassau County Bar Association, Dean’s Hour: Can’t Email [email protected] or call (631) 913-4258. Farmingdale Small Business Development Center, WEDNESDAY 18 We All Just Get Along: Dealing with an Adversar- Understanding Business Basics, Farmingdale Nassau County Bar Association, Trial of a Personal ial Client, Mineola, 12:30-2 p.m. Call (516) 747- State College, Farmingdale, 9-11 a.m. Visit www. TUESDAY21 Injury Case: Part 1, Mineola, 5:30-7:30 p.m. Call 4070 or email [email protected]. farmingdale.edu/sbdc or call (631) 420-2765. Suffolk County Inventors and Entrepreneurs, Meeting, (516) 747-4070 or email [email protected]. Nassau County Bar Association, Trial of a Personal H. Lee Dennison Building, Hauppauge, 7-9 p.m. Friends of Karen, LI Advisory Board Meeting, New New York State Bar Association, Basics of Vehicle Injury Case: Part 2, Mineola, 5:30-7:30 p.m. Call Call (631) 853-4805 or email lisaann.broughton@ York Life Building, Melville, 6-7 p.m. Call (631) 473- & Traffic Law in NYS, Webinar, 9 a.m.-3:30 p.m. (516) 747-4070 or email [email protected]. suffolkcountyny.gov. 1768 or email [email protected]. Visit www.nysba.org. Hofstra University, Graduate Studies Open House, SATURDAY4 THURSDAY23 Hempstead, 6-7 p.m. Visit www.hofstra.edu/libn. THURSDAY19 Kensington Co., Introduction to Franchising, Roslyn Long Island Business News, Excellence in Commu- IMA Long Island, Economic Update, Woodbury Long Island Business News, 40 Under 40 Awards, Heights, 10 a.m.-2 p.m. Call (516) 626-2211 or nication Awards, Milleridge Inn, Jericho, 8-10 a.m. Country Club, Woodbury, 6-8:30 p.m. Call (631) Crest Hollow Country Club, Woodbury, 6-9 p.m. email [email protected]. Email [email protected] or call (631) 913-4258. Visit www.libn.com. 391-1071 or visit www.longisland.imanet.org/. WEDNESDAY8 LISTnet, Tech Together Happy Hour, Jewel Restau- FRIDAY20 rant, Melville, 5-7:30 p.m. Email [email protected]. Long Island Advancement of Small Business, LIASB HIA-LI, Meeting & Legislative Breakfast, Upsky Women in Business Partnership: Small Business April New York State Bar Association, 25 Years after “Alli- Long Island Hotel, Hauppauge, 8-10:30 a.m. Call Transformation Advancing Women Leadership, son D,” Webinar, 1-3 p.m. Visit www.nysba.org. (631) 543-5355. location TBD, 6-7:30 p.m. Visit www.liasb.com. MONDAY3 WEDNESDAY LISTnet and U-Group Advertising, Tech Jam, The Long Island Business Advantage Network, Breakfast Long Island Business News, Real Estate Awards Re- 11 Digital Ballpark, Plainview, 5:30-8:30 p.m. Email Meeting, Panera Bread, Port Jefferson Station, ception, Crest Hollow Country Club, Woodbury, 6-8 Hempstead Public Library, Using LinkedIn for Your [email protected]. 7:30-8:30 a.m. Call (631) 834-9671. p.m. Call (631) 737-1700 or visit www.libn.com.

PLEASE EMAIL YOUR LISTING TO [email protected]. COMPILED BY BERNADETTE STARZEE. LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 19 20 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM

NONPROFIT SPOTLIGHT

Leukemia & Lymphoma Society launches groundbreaking treatment

Going on the offensive against one AML to be treated simultaneously. Hav- of the most daunting challenges in can- ing a single master protocol will allow for cer, the Leukemia & Lymphoma Soci- a more efficient, nimble process and al- ety recently launched a groundbreaking, lows the protocol to adapt rapidly as new collaborative clinical trial for acute my- drugs enter and others leave the trial. eloid leukemia (AML), a deadly disease Also, patients will be newly diag- that has seen few improvements in treat- nosed, in contrast to most AML trials ments in more than 40 years. The “Beat designed for relapsed/refractory patients. AML” campaign was announced in Octo- AML patients who relapse from their ber by Vice President Joe Biden. treatment tend to have far more genetic AML is the most lethal of the blood mutations, so identifying the genetic mu- cancers, which together are the third tations early may offer a better chance leading cause of cancer deaths in the for successful treatment. United States. AML is responsible for Trial design ensures both speed and more than 10,000 deaths each year. De- sophistication between diagnosis and spite advances in treating other blood treatment. Typically, most AML patients cancers, the standard of treatment for are rushed into standard treatment im- AML – a combination of toxic chemother- mediately upon diagnosis. In the Beat apies – has remained the same for more AML master trial, newly diagnosed pa- than 40 years. Overall prognosis remains tients will have their genomic data an- poor, with a five-year survival rate below alyzed within seven days so they can be 20 percent for patients over age 60. entered into the appropriate study arm. With support and guidance from the LLS and the American Society of He- U.S. Food and Drug Administration, and matology are working closely to educate LLS as the sponsor, the ambitious Beat physicians about the safety and impor- AML master trial seeks to change the tance of this innovative master trial. paradigm for how this deadly cancer is To ensure the patient’s voice is heard, treated, using an innovative precision the trial protocol also will include pa- medicine protocol. This approach will tient-reported outcomes as a measure of employ comprehensive genomic profiling success, which is a recommendation of to find and match specific AML genetic the White House Cancer Moonshot Blue mutations in newly diagnosed patients Ribbon Panel Report. over age 60, with an investigational drug In conjunction with the LLS research or drug combination potentially best team led by Amy Burd, Ph.D., Beat AML suited to attack the specific molecular showcases the strong commitment to mutations causing the cancer. According to LLS President and CEO collaboration of leading AML experts, Louis J. DeGennaro, Ph.D., “The Leu- eager to put patients first. Lead inves- kemia & Lymphoma Society is uniquely tigators include Dr. John Byrd of the qualified to lead this unprecedented clin- Ohio State University Comprehensive ical trial collaboration, rare for a non- Cancer Center-Arthur G. James Cancer profit and a first for LLS. Beat AML, as Hospital and Richard J. Solove Research we have named this master trial, show- Institute; Dr. Brian Druker of the OHSU cases LLS’s stature in the cancer eco- Knight Cancer Institute; and Dr. Ross system,” he explained. “It demonstrates Levine of Memorial Sloan Kettering Can- our ability to convene the medical and cer Center, all of whom have worked research communities to think and act closely with LLS to plan and design the boldly in the quest for new and better master protocol for the trial. treatments for blood cancer patients, and The trial will launch initially at five our aim to accelerate the rate at which leading cancer centers – the Ohio State precisely targeted breakthrough ther- University Comprehensive Cancer Cen- apies reach the patients who urgently ter, Memorial Sloan Kettering Cancer need them.” Center, OHSU Knight Cancer Institute, The protocol for the Beat AML master Dana-Farber Cancer Institute and Mas- trial is unique in several key ways. It is sachusetts General Hospital Cancer Cen- among the first cancer clinical trials to ter. The trial will eventually expand to be led by a nonprofit health organization. between 15 and 20 sites. LLS anticipates As a neutral party, LLS eases the way that 500 patients will be treated in the for multiple pharmaceutical companies master trial. Once enrolled, trial dura- to bring their drugs into the collabora- tion for patients will range from one to tion, allowing for different subtypes of three years. LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 21 22 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM ONOURISLAND

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1 Coldwell Banker Residential Brokerage associates (from 3 left) Diane Polland, Bruce Zipf and Pam Liebman attended an 4 International Luxury Alliance Network event.

2 The Hamptons Marathon raised $40,000 for Southampton Hospital. (From left) Robert Ross, Diane Weinberger, Amanda Moszkowski, Robert Chaloner and Steven Bernstein.

3 (From left) Karen Schackner of the Greater Long Island Run- ning Club accepted a sponsorship check from Dr. Jonathan De Gorter for the Jonas Chiropractic & Sports Injury Care Aspire 10K Run.

4 (From left) At the Long Island Alzheimer’s Foundation’s Making Memories: Cocktails & Casino Night, Jennifer Cona presented the Outstanding Philanthropic Achievement Award to Peter Klein.

5 (From left) Glen Cove Mayor Reginald Spinello and Scott Rechler of RXR Realty celebrated the groundbreaking for the 6 5 $1 billion Garvies Point project.

6 Forchelli Curto Deegan Schwartz Mineo and Terrana participated in the American Cancer Society’s Making Strides Against Breast Cancer 5K Walk. (From left) Pat Kelly, Agatha Rankin and Victoria Pranzo.

7 Through its Advocacy and Public Policy Program, Jef- ferson’s Ferry honored local lawmakers Steve Englebright (second from left) and Valerie Cartright (center). They were congratulated by (from left) Carol Fenter, Linda Kowlakowski and Barbara Strongin.

8 The Young Lawyers Section of the New York State Bar Association collected donations for the U.S. Marine Corps’ Toys for Tots program. (From left) Lance Cpl. Rossotto, Terrence Tarver, Daniel Baker, Sgt. Gardner, Michael DiFalco, Cpl. Long, Sanford Pomerantz, Cpl. Argueta and John Christopher.

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PLEASE EMAIL NONPROFIT RELEASES AND HIGH-RESOLUTION PHOTOS TO [email protected]. COMPILED BY BERNADETTE STARZEE. LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 23 24 I LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM LONG ISLAND BUSINESS NEWS I December 30, 2016-January 5, 2017 I LIBN.COM I 25 BIZMARKET BUSINESS SERVICES REAL ESTATE HOTELS & MEETING PLACES ONTHEMARKET Real Estate

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