Daily business news in the Great State of New York!
MONTAUK, NY — Montauk Yacht Club, a 107-room Star Island seaside resort and marina, is now open following a multi-million renovation and addition of the Ocean Club Montauk. The property is now under the management of Proper Hospitality within The Collective – a portfolio of independent, design-driven hotels. Built in 1928, the resort on the […]
GLEN COVE, NY — Standard Bots, a pioneer in robotics automation, has raised $63 million in total funding, with its recent Series B round led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next. The company has already successfully launched its RO1 robotic arm and is now preparing to bring its […]
HUNTINGTON STATION, NY – Long Island is getting a new Whole Foods Market! The organic grocery chain — owned by Amazon — will open a new 43,916-square-foot store, located at 350 Walt Whitman Road, Huntington Station, on July 17 at 8:00 a.m. The store’s design emphasizes simplicity and modernity, incorporating elements reminiscent of the bay area’s […]
NEW YORK — JetBlue plans to launch service for the first time from Long Island MacArthur Airport (ISP). Starting this October, JetBlue will fly from MacArthur directly to three Florida cities with flights to Orlando International Airport (MCO), Fort Lauderdale-Hollywood International Airport (FLL) and Palm Beach International Airport (PBI). This new service aims to help […]
NEW YORK – New York Attorney General Letitia James has secured more than $350,000 from two Long Island Nissan dealerships, Route 112 Nissan and South Shore Nissan, for overcharging more than 200 New Yorkers who wanted to purchase their leased vehicles at the end of their lease term. An investigation by the Office of the Attorney General […]
SOUTHAMPTON, NY — Contessa Gallery plans to open a landmark 7,000 Square Foot Gallery Space in Southampton Village. Steve Hartman, President and Owner of Contessa Galleries, announced that the gallery will open a new public exhibition and private viewing space in Southampton Village, in the former Hauser & Wirth gallery location. The site, at 9 Main […]
The Cold Spring Harbor Laboratory on Long Island has extended its affiliation with Northwell Health to bring cutting-edge biology research to the bedside of tens of thousands of cancer patients in diverse communities across the state. The agreement ensures continued collaboration and support for ongoing clinical trials, among other advanced biotechnology initiatives. “The alliance between Cold […]
The Northwell Health Cancer Institute and its Center for Genomic Medicine announced the opening of Long Island’s first clinical Molecular Diagnostics Laboratory (MDL), a $3.2 million 2,800 square foot state-of-the-art facility with cutting-edge technology of next-generation sequencing (NGS) that provides point-of-care tumor and patient genomic profiling to inform precision cancer therapy. The MDL will provide improved accuracy […]
Charles Frei, a Hofstra University alumnus from the Class of 1955, has bequeathed $35 million dollars to fund undergraduate scholarships for students in the Frank G. Zarb School of Business. This is the largest gift towards undergraduate education and the second largest gift in the history of the University. Hofstra will endow scholarships in Mr. […]
JERICHO, NY – Automobili Lamborghini celebrated the debut of its redesigned showroom in Long Island last month with a VIP event following the brand’s best year in terms of sales and deliveries in 2023. The grand opening event featured the market premiere of the Urus SE – the first plug-in hybrid SUV and most powerful version […]
NEW YORK – The law firm Wilson Elser has relocated its Garden City, NY, office to a new location in suburban East Meadow, NY, to accommodate a larger workforce. With space totaling 13,357 square feet on the 7th floor of 90 Merrick Avenue, the office is designed to maximize natural light, which flows through to […]
Governor Kathy Hochul announced $15 million for the expansion of Cold Spring Harbor Laboratory’s Pancreatic Cancer Center of Excellence. The funding from Empire State Development will be used for the Lab’s $500 million expansion plan and builds on the $55 million previously committed by New York State, making the State one of the labs largest […]
Hyatt Hotels Corporation announced The Bentley Hotel Southampton has officially joined the Hyatt portfolio as an affiliated hotel, in collaboration with Bijal Hospitality, the property’s owner and operator. The hotel, which is currently in the midst of an extensive renovation, is now bookable across Hyatt reservation channels and is expected to join the JdV by […]
Governor Kathy Hochul announced that construction is getting underway on projects that will enhance safety and travel conditions at several locations across Long Island, marking a $27 million investment by the State Department of Transportation that will create approximately 350 jobs during construction. These projects include renewing, modernizing and easing traffic conditions at intersections on […]
Governor Kathy Hochul announced that Empire State Development has executed a $100 million Grant Disbursement Agreement for the transformative Electron-Ion Collider project at Brookhaven National Laboratory. The agreement with the U.S. Department of Energy marks a major milestone toward bringing the world’s only next-generation EIC to Long Island and launches New York State’s investment in […]