LI Business News articles from April 2006

LI Business News archives from April 2006

Long Island-based DHB Industries may restate results.
April 3, 2006... Byline: Henry E. Powderly II DHB Industries said in a Security Exchange Commission filing Monday that investors should not rely on its previously released statements for 2005 due to adjustments in inventory. The maker of body armor...

Netsmart Technologies' profit falls.
April 3, 2006... Byline: Henry E. Powderly II Netsmart Technologies said its fourth quarter profit fell 69 percent because a tax provision was reduced by nearly $1 million. The health and human services software provider said Monday its 2004 tax...

Photocircuits exits bankruptcy after private equity investment made by West Coast firm.
April 4, 2006... Byline: Jean Paul Vellotti In a deal that saves 850 jobs and prevents 23 acres of industrial land from becoming vacant, Photocircuits Corp. formally announced its exit from bankruptcy on Tuesday thanks to a private equity investment made...

Town of Brookhaven to acquire historic home.
April 4, 2006... Byline: Dawn Wotapka Hardesty KeySpan will donate Wading River's oldest home, the three-century old Josiah Woodhull house, and three acres to the Town of Brookhaven. The energy company is expected to announce the deal Thursday. The...

Audit finds Nassau Community College comp time abuse.
April 5, 2006... Byline: Jeremy Harrell Top administrators at Nassau Community College collected more than $140,000 in compensatory pay over three years to attend graduations, faculty meetings and other normal academic functions, according to an audit...

Globecomm awarded secret contract by government agency.
April 5, 2006... Byline: Jean Paul Vellotti Globecomm Systems, Inc. was awarded a satellite infrastructure contract valued at $1.1 million by a government agency, the company announced Wednesday. Terms of the contract are under a government...

Great Neck man accused of stealing from employer.
April 5, 2006... Byline: Jeremy Harrell Over the course of two years, an employee of All American Van Lines Inc. stole $127,000 from his employer by setting up phony bank accounts in the company's name, Nassau County District Attorney Kathleen Rice said...

Melville-based FalconStor Software announces deals at home and abroad.
April 5, 2006... Byline: Henry E. Powderly II FalconStor Software Inc. announced two deals on Wednesday, one with a San Diego data-storage firm and another with a Korean communications company. Melville-based FalconStor, which develops data-protection...

Hauppauge Computer Works Inc. to send television programs to PDAs.
April 5, 2006... Byline: Henry E. Powderly II Hauppauge Computer Works Inc., a company known for its receivers that enable customers to watch television on their computers, now wants to send your programs to your PDAs. The company on Wednesday signed a...

Plans for homeland security center in Bethpage unveiled.
April 6, 2006... Byline: Jean Paul Vellotti Dozens of companies from across the metropolitan area came to get a peak at plans for a new homeland security center in Bethpage, which supporters say will be a regional Hub for the development of technology to...

Taxation with representation.
April 7, 2006... Byline: Claude Solnik It's the reverse of traditional real estate. Every day, brokers fight to get buyers to pay top dollar for houses, jacking up values by stressing location and amenities. Each property is painted as a real estate...

A sign of the times: Housing inventory soars.
April 7, 2006... Byline: Claude Solnik Rich Mancuso, a Plainview resident for more than 40 years, stood on the sidewalk in front of his home at 67 Nassau Ave., and surveyed a forest of "for sale" signs. "That one's new," said Mancuso, as he looked...

Long Island-based insurance firm says hurricanes, reinsurance, push policy costs upward.
April 7, 2006... Byline: Claude Solnik Marsh is an insurance and consulting giant, handling everything from risk management to property insurance. We spoke with Roger Schenone Jr., a managing director at the company, about what's been happening with real...

Community living suits some Long Islanders to a tee.
April 7, 2006... Byline: Claude Solnik After Ira Kaplan retired as chief operating officer of EDO Corp. in 2001, he sold his house in Plainview and moved into the Hamlet Golf and County Club in Commack. The former executive bought a house in the...

Natural products offer alternatives for healthy lawns.
April 7, 2006... Byline: Claude Solnik Christopher Pomisel, owner of Sterling Landscapes in North Bellmore, is a green gardener. And no, that's not redundant. Pomisel uses only environmentally friendly products to treat lawns and shrubs, selling his...

Learning from History: Long Island's Cold Spring Harbor Laboratory, circa 1920.
April 7, 2006... Byline: Jeremy Harrell They dreamed of a master race, free of the swarthy and feeble minded, untainted by the blind, the deaf or the orphaned. It was to be an ideal society of the "well born," bred racially pure, intellectually superior...

Pictures of Cold Spring Harbor Laboratory tell chilling tales of days gone by.
April 7, 2006... Byline: Jeremy Harrell Cold Spring Harbor Laboratory never actively denied its past as a center for eugenics research, but, until 2000, it never really went out of its way to make it known. "This was a part of our history that we...

Young entrepreneur from Hunnington ready to take care of business.
April 7, 2006... Byline: Adina Genn Douglas Quimby Jr., rubbed elbows with Subway founder Fred DeLuca and networked with other notable franchisers, such as McDonald's, Dunkin' Donuts, The UPS Store and Marriott International. And through it all, he...

Arthur A. Gianelli joins Nassau Health Care Corp.
April 7, 2006... Byline: Henry E. Powderly II Arthur A. Gianelli was named executive vice president and chief operating officer of the Nassau Health Care Corp. He will be responsible for revising, updating and implementing a new strategic business plan. ...

On the move.
April 7, 2006... Byline: Henry E. Powderly II Accounting Nussbaum Yates & Wolpow named Richard Grandini tax principal. He specializes in taxation, global wealth services and individual expatriate taxation of U.S. citizens working overseas. ...

Ex-NYPD K-9 handler will train your dog.
April 7, 2006... Byline: Adina Genn An unruly pet can dominate the entire household, as many a frustrated dog owner can attest. Chris Lawrence helps those dog lovers get the upper hand through Bark Busters, a franchise he opened in Rockville Centre in...

How to ... Drive sales through the Internet.
April 7, 2006... Byline: Bernadette Starzee More than 1 billion people in the world, and nearly 200 million Americans, now use the Internet, according to the Computer Industry Almanac Inc. If the Net is not part of your marketing efforts, you're missing an...

Dowling sports development on deck in Shirley.
April 7, 2006... Byline: Dawn Wotapka Hardesty Dowling College's lacrosse team practices at a local high school and competes at Stony Brook University. The soccer players trek to St. John's University's Oakdale campus. Baseball players, meanwhile, venture...

Hempstead-based Gold Pure Food Products Co. gears up for Passover.
April 7, 2006... Byline: David Reich-Hale Gold Pure Food Products Co. will sell nearly 15 percent of its horseradish for the year in the next two weeks, as Jewish people stock up on the product in preparation for Passover. The company was started 75 years...

Simon Property Group preps for Long Island's-based Walt Whitman Mall growth.
April 7, 2006... Byline: Dawn Wotapka Hardesty In 1997, after a protracted battle with local civics forced it to scale down plans for a major addition, Walt Whitman Mall promised not to expand again for a decade. Ten years have almost passed, and...

GOP stalwart sets retirement from Long Island law firm.
April 7, 2006... Byline: Jeremy Harrell The limelight is fading on a headline name at one of Long Island's biggest law firms, and a replacement is waiting in the wings. Saying "it's just age," Arthur W. Jaspan, 65, administrative partner at Jaspan...

Sign of the times.
April 7, 2006... Byline: Long Island Business News Staff If you've driven down the Meadowbrook Parkway lately and noticed the former Ref-Fuel sign missing, you might have said, "It's about time."

Babylon's Industrial Development Agency closes deal for two hotels.
April 7, 2006... Byline: LIBN Staff Here come the rooms. Babylon's Industrial Development Agency has closed a deal with Long Island Hotels LLC to assist in the building of two hotels on the Route 110 corridor. The hotels, Courtyard by Marriott and...

Slow market, but HIP Health Plan lands in Valley Stream.
April 7, 2006... Byline: Dawn Wotapka Hardesty Demonstrating just how sluggish office leasing was in the first quarter, a leading real estate firm says the biggest deal was HIP Health Plan of New York taking nearly 35,000 square feet at 260 W. Sunrise...

Long Island businesses finding ways to cut energy costs.
April 7, 2006... Byline: Jean Paul Vellotti If the increasing costs of electricity are shocking, try turning the lights off. It might sound like a joke, but it's actually smart business. Increasingly, large businesses are discovering ways to save on...

Broadwater Energy says it could save ratepayers in the N.Y. metropolitan area $10B.
April 7, 2006... Byline: Long Island Business News Staff Would $10 billion be worth it? That's how much Broadwater Energy now says its plan for a floating liquefied natural gas terminal would save ratepayers in the New York metropolitan area over 10...

Commentary: When Democrats act, Republicans win.
April 7, 2006... Byline: John Kiernan Lately, I've had serious concerns that 2006 and 2008 could be disastrous years for the Republicans on a national level. Politics run in cycles, and current events seem to point to a Democratic resurgence in the...

Commentary: Early on, Tom Suozzi isn't gaining ground in campaign for governor.
April 7, 2006... Byline: Jerry Kremer One million dollars is a lot of money for most people. To the average working person, $1 million could buy a lot of happiness. To a candidate running for statewide office, it's a drop in the bucket. Nassau County...

Commentary: When government goes too far.
April 7, 2006... Byline: Martin Cantor Eminent domain was one of those legal descriptions that you never thought you would use. Until now. Two cases have developed, each very different from the other. Both are in our back yard and both raise serious...

Civics reject good planning.
April 7, 2006... There is a certain irony underlying last weeks article on the difficulty in attracting qualified planners to Long Island. The views in the article shed light on Long Islands flawed planning. Throughout most of the United States,...

Long Island Financial Briefs: April 7, 2006.
April 7, 2006... Byline: David Reich-Hale North Fork sells and Astoria gains traction A rival's sale can do wonders for your stock price. That's because it often leads to market rumors that you're next. Case in point: Astoria Financial Corp. The...

Long Island Technology Briefs: April 7, 2006.
April 7, 2006... Byline: Jean Paul Vellotti Monitoring software: protection or paranoia? Websense, a national employee Internet management firm, says that $178 billion in employee productivity is lost annually due to surfing the Net. That's a big...

Long Island Real Estate Briefs: April 7, 2006.
April 7, 2006... Byline: Dawn Wotapka Hardesty Stellar comes and goes in Lake Success That was fast. Just 14 months after buying the 630,000-square-foot Gateway at Lake Success complex at 1981 and 1983 Marcus Ave., Stellar Management is selling...

Long Island Legal Briefs: April 7, 2006.
April 7, 2006... Byline: Jeremy Harrell Touro law students help break the silence Let's face it. For every Huntington, there's a Huntington Station. For every Babylon, there's a Wyandanch. For nearly every exclusive part of Long Island, there's a...

Long Island Healthcare Briefs: April 7, 2006.
April 7, 2006... Byline: Claude Solnik Family and friends pay patients virtual visits When Marilyn Fabbricante wanted to check on the progress of her cousin who was hospitalized last year for four months after a stroke, she went to a Web page where his...

For the sake of children.
April 7, 2006... Byline: Ken Cerini In 1995, Craig Kielberger, a young boy from Canada, was reading through the sports section of his newspaper when he came upon a story that truly touched his heart. It was an article about a child from India, about the...

Long Island Nonprofits Briefs: April 7, 2006.
April 7, 2006... Byline: Henry E. Powderly II Hunger problem outlined in national study Island Harvest, Long Island's Source Authority on Food Rescue, and Long Island Cares The Harry Chapin Food Bank, joined America's Second Harvest The Nation's Food...

Legislation introduced to offer tax credits for businesses providing health care.
April 7, 2006... Byline: Adina Genn Small businesses may soon enjoy tax credits for providing health coverage. Last week, Sen. Olympia Snowe, R-Maine, who chairs the Senate's Committee on Small Business and Entrepreneurship, introduced the "Small...

Forbes Enterprise Awards open for entries.
April 7, 2006... Byline: Adina Genn The Forbes Enterprise Awards, which recognize excellence in America's smaller businesses, is now open for entries. The competition is run by Forbes, the New York-based media company. The Enterprise Awards feature...

Long Island businesses may pay fines for false security alarms.
April 7, 2006... Byline: Jean Paul Vellotti Businesses that cry wolf could soon pay hefty fines to Suffolk County if a new bill designed to minimize police responses to false alarms passes. The bill, introduced by Legis. Jon Cooper, D-Lloyd Harbor,...

Nussbaum Yates & Wolpow names tax principal.
April 7, 2006... Byline: Long Island Business News Staff Nussbaum Yates & Wolpow named Richard Grandini tax principal. He specializes in taxation, global wealth services and individual expatriate taxation of U.S. citizens working overseas.

KDJ Advertising announces staffing changes.
April 7, 2006... Byline: Long Island Business News Staff KDJ Advertising named Ted Glowacky associate creative director and senior copywriter. KDJ also named Kathy Anderson senior vice president. She previously owned an advertising agency.

National Organization of Nurse Practitioner Faculties names VP and president elect.
April 7, 2006... Byline: Henry E. Powderly II The National Organization of Nurse Practitioner Faculties named Mary Anne Dumas, clinical professor at Stony Brook University School of Nursing, vice president and president elect of the organization. After two...

Suffolk County Village Officials Assn. names new executive director.
April 7, 2006... Byline: Henry E. Powderly II The Suffolk County Village Officials Association named former Southold Town Supervisor Joshua Y. Horton executive director. Horton is currently a partner in communications firm Lieblein Associates.

Long Island medical facilities announce staffing changes: April 7, 2006.
April 7, 2006... Byline: Henry E. Powderly II The Hospice Care Network named Darrin G. London director of the Hospice Inn, an in-patient facility located in Melville. He had been associate director of the pulmonary hypertension program at North Shore...

Garden City Hotel names VP of sales and marketing.
April 7, 2006... Byline: Henry E. Powderly II The Garden City Hotel named Brian Rosenberg vice president of sales and marketing. He had been the hotel's vice president of special events for the past 14 years.

Long Island law firms announce staffing changes: April 7, 2006.
April 7, 2006... Byline: Henry E. Powderly II The Garden City firm of Moritt Hock Hamroff & Horowitz named Dennis C. O'Rourke of counsel in its corporate securities mergers and acquisitions practice group. He had run his own private consulting practice....

Yaphank-based Insula-Dome Skylights names director of customer support.
April 7, 2006... Byline: Henry E. Powderly II Yaphank-based Insula-Dome Skylights named Chuck Wesche director of customer support and logistics. He had been a regional sales manager of the company.

Long Island Music Hall of Fame names senior vice president of Sam Ash Music.
April 7, 2006... Byline: Henry E. Powderly II The Long Island Music Hall of Fame named Sam M. Ash, senior vice president of Sam Ash Music, chair of its Music Industry Advisory Board. Ash is the grandson of the music store chain's founder Sam Ash.

Long Island Not-for-Profits Briefs: April 7, 2006.
April 7, 2006... Byline: Henry E. Powderly II The Long Island Arts Council named Diane Lazuta and Miriam Lopez to its board of directors. Lazuta is vice president and regional for Citibank, and is responsible for 70 financial centers on Long Island....

Long Island Development Corp. names new business development officer.
April 7, 2006... Byline: Henry E. Powderly II The Long Island Development Corp. named Doris Mellina new business development officer. She used to work in the coaching industry.

CHIPS Computer Consulting announces staffing changes.
April 7, 2006... Byline: Henry E. Powderly II CHIPS Computer Consulting in Lake Success named William O'Leary level II support engineer. He had been network operations manager at Supremacy Financial in New York. CHIPS also named Brian Barfield service...

One of Long Island's most prominent wineries on the block for $9.2 million.
April 10, 2006... Byline: Henry E. Powderly II The grapes, winery, the land and the mansion at Castello di Borghese, one of Long Island's most prominent wineries, is on the block for $9.2 million. Marco Borghese, the vineyard's owner, said he was...

Suffolk County, Stony Brook University partner on health info.
April 10, 2006... Byline: Jeremy Harrell Stony Brook University and Suffolk County plan to forge a collaboration to help the county's health department make better-informed decisions. County Executive Steve Levy and University President Shirley Strum...

Netsmart Technologies signs software deal.
April 10, 2006... Byline: Claude Solnik Netsmart Technologies Inc. has signed a deal to become the sole provider of Quantum financial management software for the health and human services industries. Netsmart announced the three-year agreement with...

Former Long Island Association president named planning board chair.
April 11, 2006... Byline: Jeremy Harrell In a largely ceremonial meeting Wednesday to launch the latest version of the Long Island Regional Planning Board, the six new appointees elected former Long Island Association president James Larocca to be their...

Nassau Health Care Corp. taps its reserves.
April 11, 2006... Byline: Claude Solnik Faced with a deteriorating economic condition, the Nassau Health Care Corp. has dipped into funds set aside for special purposes to meet its operating expenses. On Tuesday, The parent of Nassau University medical...

Wild By Nature to open its third Long Island shop.
April 11, 2006... Byline: Dawn Wotapka Hardesty Wild By Nature plans to open its third Island market. The shop, which should open in May, replaces a 23,000-square-foot King Kullen grocery store on West Montauk Highway in Hampton Bays. Wild By Nature...

Suffolk Bankcorp posts gains.
April 11, 2006... Byline: Henry E. Powderly II Despite rising short-term rates and low long-term rates, Suffolk Bancorp's profit grew close to 2 percent in the first quarter, the bank said Tuesday. Suffolk posted first-quarter net income of $5.2...

Web directory launches service targeting blogs.
April 11, 2006... Byline: Jean Paul Vellotti Best of the Web, which claims to be the oldest Web site directory on the Internet, has launched a similar service targeting blogs. The new directory, located at http://blogs.botw.org, is a searchable archive...

Long Island readying for hurricane season.
April 13, 2006... Byline: Carl Corry Two months ahead of hurricane season, Suffolk County Executive Steve Levy said the region is in much better shape to handle a major storm than in years past, but there are many holes left in government preparedness. ...

Long Island-based CA to buy Canadian firm.
April 13, 2006... Byline: Jean Paul Vellotti CA said on Thursday it will buy Ontario, Canada-based scheduling software maker Cybermation for $75 million in cash. The deal, which is expected to close within 30 days, will extend CA's suite of workload...

Toshiba licenses Standard Microsystems Corp.. tech for European autos.
April 13, 2006... Byline: Jean Paul Vellotti Standard Microsystems Corp. has struck a deal that could affect nearly every European auto manufacturer by next year. Germany's Toshiba Electronics Europe selected SMSC's Media Local Bus technology to...

Long Island businesses face the usual challenges when expanding into second location.
April 14, 2006... Byline: Claude Solnik For a decade, Don Ravella has been the driving force behind the Garage Eatery, a gourmet delicatessen and catering company in the Hauppauge Industrial Park. Now he's running a two-car Garage. After expanding his...

Employee input is key to improving workplace.
April 14, 2006... Byline: Claude Solnik Margolin, Winer & Evens, one of Long Island's largest accounting firms, has always asked its clients what they want. Lately, it's been doing the same with its employees by conducting surveys to find ways to improve...

Want to start or grow a business? Here's help.
April 14, 2006... Byline: Claude Solnik When Bill Haile decided to sell American Archives and start American Ecotech Corp., he turned to the Small Business Center at Stony Brook University for help putting together a business strategy. "I've been in...

Need a PC, a projector? Renting may work out.
April 14, 2006... Byline: Claude Solnik Until five years ago, the sales people at Hauppauge-based Sperry Instruments whisked out laptops to do presentations for potential customers. These days, the company's sales people conduct presentations on...

Some Long Island companies employ alternatives to acquisitions.
April 14, 2006... Byline: Claude Solnik Kaufman, Schneider & Bianco, a Jericho-based law firm, has rapidly been adding new offices around the country. But it hasn't been acquiring them. The firm has hired attorneys with existing customer bases and then...

NY State Insurance Department bars discretionary clauses in group benefit policies.
April 14, 2006... Byline: Jeremy Harrell A boulder thrown into the small pond of employee benefits law will soon ripple out into the larger business world, giving workers more power to sue insurers - and insurers a big reason to raise health-care rates. ...

NY union fund nails down bank deal.
April 14, 2006... Byline: David Reich-Hale One of Long Island's most prominent unions has entered the banking business. The Empire State Regional Council of Carpenters' pension fund has acquired a 45 percent stake in Boston-based First Trade Union Bank...

Amid flagging sales, Sports Plus entertains changes.
April 14, 2006... Byline: Dawn Wotapka Hardesty It could be game over for Sports Plus. With sales of $1.25-per-play video games dropping 25 percent in the past two years thanks to popular home systems, and expensive reinvestments continually needed to...

Homes next for Long Island Business and Tech Center site?
April 14, 2006... Byline: Dawn Wotapka Hardesty A local developer wants to buy the land around the troubled Long Island Business and Technology Center and build nearly 350 homes. Bay Shore-based Greenview Properties hopes to transform 38 acres of the...

Interview with Dave Albrecht, Cerini & Associates tax senior.
April 14, 2006... Byline: David Reich-Hale It's the height of the accounting industry's most hectic time of year, but Dave Albrecht isn't sweating. The first-year tax senior at Bohemia-based Cerini & Associates spent seven years in the Internal Revenue...

Developer Wilbur Breslin cooking up retail in Bayport.
April 14, 2006... Byline: Dawn Wotapka Hardesty Developer Wilbur Breslin wants to make dough from Wenner Bread Products' Bayport operation. Breslin, president of Breslin Realty Development Corp., said he's putting the final touches on a proposal to raze...

NY Times cuts regional sections.
April 14, 2006... Byline: Jean Paul Vellotti The New York Times plans to consolidate its regional Sunday sections, including its Long Island edition, into one section focusing on suburban life. The Times also publishes sections for Westchester, New Jersey...

Brookhaven files application with NY State for Sewer District #2.
April 14, 2006... Byline: LIBN Staff There's an axiom in economic development: Install sewers and the buildings will follow. Brookhaven believes this, and last month filed an application with the state for Sewer District #2, which encompasses the Tech...

Suffolk, Nassau counties swear in new planning board members.
April 14, 2006... Byline: LIBN Staff Constant campaigning pays off. As the home team for Tuesday's meeting of the Long Island Regional Planning Board, Suffolk County pulled out all the stops for its three new appointed members: certificates, an oath of...

Catholic radio chain in deal to acquire WLIE.
April 14, 2006... Byline: David Reich-Hale WLIE has found religion. Stuart Henry, son of Long Island newspaper mogul Stan Henry, has sold the radio station to Starboard Media, a Wisconsin-based Catholic talk radio network. Starboard, which calls its...

Small companies have big tax refund dreams.
April 14, 2006... Byline: Adina Genn More small businesses will use any tax refund this year to stabilize their finances, a new report said. A BIG Research/Sam's Club Small Business Consumer Confidence Index survey of 436 small business owners showed...