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Long Island campuses that are part of the State University of New York system are getting $17.7 million in new funding through an allocation of direct state tax support. Stony Brook University will see $13.6 million, a 9% increase from last year. Farmingdale State College will get $2.6 million, a 15.9% increase from last year,
This year’s Tax Day has thankfully passed, with an estimated 146 million Americans completing tax filings–marking the end of a stressful period for those managing complex financial situations or who struggle to prepare ahead of the annual deadline. The average taxpayer spends 13 hours annually preparing their tax returns, and with additional considerations such as
For small businesses, especially in walkable, touristy communities, summer is high season, which means more foot traffic, extending hours to accommodate nighttime browsers and diners, and a potential boon to their bottom line.
Kelly Murphy is now the executive director and CEO of the Suffolk County Industrial Development Agency. Murphy has worked at the Suffolk IDA for more than nine years, most recently serving as acting executive director following the retirement of Anthony Catapano in June of 2023. Her appointment to lead the agency was unanimsouly approved by
A national law firm has relocated its Long Island office from Garden City to East Meadow. Wilson Elser, a defense litigation firm, has moved to a 13,357-square-foot office on the seventh floor of 90 Merrick Avenue. The new location is more than double the firm’s previous 5,585-square-foot-space, and is designed to accommodate a larger workforce.
Long Island Business News has announced that it has chosen this year’s winners of the 2024 Real Estate, Architecture & Engineering Awards. The Real Estate, Architecture and Engineering Awards celebrate brokers, dealmakers, developers and industry professionals whose knowledge and expertise contribute to Long Island’s economic growth, creating jobs and building communities. The honorees were selected
Across Long Island, banks, credit unions and other financial institutions have had a significant impact on the development of communities, offering mortgage lending, credit and loans for small businesses, and other support services.