LI Business News articles from March 2004

LI Business News archives from March 2004

Nassau County Executive Tom Suozzi proposes empire zone.
March 5, 2004... Byline: Rosmaria Mancini Frustrated. That's how Nassau County Executive Tom Suozzi says he feels about Nassau's status as one of only 11 New York counties - out of 62 - that don't have empire zones. Those zones, which provide...

Summit Plastics pursues acquisition of industrial property in Bay Shore.
March 5, 2004... Byline: Nick Anastasi Summit Plastics Inc. is pursuing the acquisition of an industrial property that would nearly double the size of the privately held firm's space holdings. Placing its current facility, a 68,000-square-foot building...

Researchers test bioterrorism sensors in Greenwich Village and on Long Island.
March 5, 2004... Byline: Ken Schachter Researchers are testing bioterrorism sensors in Greenwich Village and on Long Island in prototype programs designed to pave the way for full-scale projects by a public-private homeland security alliance. The...

Long Island's patent production falls nearly 20 percent since 1988; U.S. patents increase 15%.
March 5, 2004... Byline: Ken Schachter If necessity is the mother of invention, the Long Island Expressway should be wallpapered with patents. After all, economists, politicians and planners agree that the region's future economic health will be tied...

Suffolk County executive names Andrea Lohneiss as commissioner of economic development.
March 5, 2004... Byline: Rosmaria Mancini Suffolk County Executive Steve Levy has named Andrea Lohneiss, Riverhead's community development agency director, as Suffolk's commissioner of economic development. Lohneiss, who has served the Town of...

Long Island Republicans roll out red carpet for President Bush.
March 5, 2004... Byline: Claude Solnik Celebrity sightings are nothing new at the Carltun, a restaurant and catering facility at Eisenhower Park. But diners there next week might get a glimpse of the most powerful man in the nation: President George W....

Southampton Town Board approves a $20 million affordable housing development plan.
March 5, 2004... Byline: Nick Anastasi The Southampton Town Board has approved a $20 million residential development plan that it hopes will bring much-needed affordable housing to the East End municipality. The plan calls for the development of a...

Kamco Bldg. Supply to sell facility at Calverton Enterprise Park to Vertical Line Productions.
March 5, 2004... Byline: Nick Anastasi ***** CORRECTION: In a story about Kamco Building Supply's sale of its site at the Enterprise Park at Calverton ("Kamco drops out at EPCAL," LIBN, March 5-11) the reported sale price was incorrect. Kamco sold the...

NY State Board of Regents grants "branch campus" status to Dowling's Brookhaven location.
March 5, 2004... Byline: LIBN Staff It's official. Dowling College's Brookhaven site is now a full-fledged campus. The New York State Board of Regents has granted "branch campus" status to Dowling's Brookhaven location, allowing students to complete...

Introduction by TS provides personal matchmaking for Long Island and NYC clientele.
March 5, 2004... Byline: Rosmaria Mancini Looking for love on Long Island? Terry Sloane says she can help. Since 1998, Sloane has been a personal matchmaker, and for anywhere between $3,500 and $10,000, she may be able to help you find the person...

Hospice Care Network wins approval from NY state to open the Hospice Inn at Huntington.
March 5, 2004... Byline: Claude Solnik The Hospice Care Network has won conditional approval from the state to open the Hospice Inn at Huntington, one of the first hospices in New York State (and the first on Long Island) housed outside a hospital or...

Citing housing issue, Phil Teel returns to Long Island Association's board.
March 5, 2004... Byline: Ken Schachter As it turned out, Phil Teel's departure from the Long Island Association board was short-lived. When he left the board last year, the head of Northrop Grumman operations on Long Island cited time pressures. But...

Nassau County's new taxi and limousine commission to begin its work soon.
March 5, 2004... Byline: Rosmaria Mancini Nassau County officials say a new taxi and limousine commission approved last year should begin issuing certificates of registration by the end of the month. The commission, whose representatives will be chosen...

Long Island's East End to get a new TV station.
March 5, 2004... Byline: LIBN Staff It looks as if Long Island's East End is getting a new TV station. Tom Scott, a co-founder of Nantucket Nectars and Nantucket Television, is joining forces with East Hampton Studios founder Frazer Dougherty to...

Bethpage-based Cablevision Systems to complete an internal accounting review.
March 5, 2004... Byline: LIBN Staff Bethpage-based Cablevision Systems expects to complete an internal accounting review in the second quarter and spin off its Voom satellite television business by year's end, company officials said upon releasing...

U.S. District Court issues injunction to prevent Hi-Tech Pharmacal from selling cough medication.
March 5, 2004... Byline: LIBN Staff Hi-Tech Pharmacal Co. Inc. said the U.S. District Court in New Jersey has issued a preliminary injunction preventing the firm from selling Tannate 12d S, a generic version of MedPoint's Tussi-12d S cough medication. ...

Symbol Technologies Inc. hires former IBM executive.
March 5, 2004... Byline: LIBN Staff Symbol Technologies Inc. has taken a bite out of Big Blue. The firm said it has named Verlin P. Youd vice president of retail systems, effective immediately. Youd, formerly global portfolio executive of software...

Federal Reserve Board Chairman cautions Congress to cut Social Security benefits.
March 5, 2004... Byline: Martin Cantor Acting as if he just discovered the word deficit, Federal Reserve Board Chairman Alan Greenspan recently cautioned Congress to cut Social Security benefits. The cuts, he said, would keep the federal budget from...

Is NY Governor Pataki preparing for another run?
March 5, 2004... Byline: John Kiernan After the 2002 election, nearly every politician in the state thought that the 2002 victory was it on a state level for Pataki, and many political operatives and commentators started to seriously handicap the 2006...

Commentary: Mets get no respect in dingy Shea Stadium.
March 5, 2004... Byline: Jerry Kremer The comedian Rodney Dangerfield made a living telling people he gets no respect. Old-time comedian Red Buttons built a comedy act on the fact that not everybody gets a dinner in their honor. He then recites a long list...

Corporate image-maker sees hope for Symbol, pain for Computer Associates.
March 5, 2004... Byline: Ken Schachter The troubles of Symbol Technologies and Computer Associates have played out like a soap opera in recent months. Government investigations into accounting, sudden departures by high-ranking executives and speculation...

Northrop Grumman in Bethpage celebrates National Engineers Week with Paper Airplane Contest.
March 5, 2004... Byline: LIBN Staff Employees at Northrop Grumman in Bethpage honored National Engineers Week (Feb. 22-28) with the company's second annual Paper Airplane Contest. Pictured here is William W. Moy, an avionics engineer who works on the...

Long Island Development Corp. steps up loan programs in 2003.
March 5, 2004... Byline: Nick Anastasi The Bethpage-based Long Island Development Corp. continued to help pump up the Long Island economy with 86 loans amounting to $36.8 million from Oct. 1, 2002 to Sept. 30, 2003. In addition, through its Procurement...

Suffolk County Federal Credit Union signs first lease at former Brookhaven Town Hall.
March 5, 2004... Byline: Nick Anastasi The Suffolk County Federal Credit Union has signed the first office lease transaction at what is now Brookhaven Town Hall on Route 112 in Medford. The credit union will be leasing 7,500 square feet of space at...

Medfone expanding its Wantagh headquarters.
March 5, 2004... Byline: Nick Anastasi Medfone Nationwide Inc. is in the midst of expanding and renovating its corporate headquarters. The project, launched last year, has an expected completion date of March 15. The Wantagh building that's home to...

Restaurant Depot expanding in Bohemia.
March 5, 2004... Byline: Nick Anastasi The Restaurant Depot at 1335 Lakeland Ave. in Bohemia is expanding by 8,129 square feet, according to officials at the Town of Islip. The building currently measures at about 43,000 square feet and sits on a...

Long Island Legal Briefs: March 5, 2004.
March 5, 2004... Byline: Rosmaria Mancini New York State Bar Association President A. Thomas Levin has come out strong against federal legislation that caps non-economic damages, restricts punitive damages and creates a statute of limitations for...

Long Island Marketing Briefs: March 5, 2004.
March 5, 2004... Byline: LIBN Staff Wouldn't it be wonderful if on a cold day prices sank along with the temperature? For one product on Long Island and New York City, they did. In February, donut kingpin Krispy Kreme rewarded customers who bought a...

Long Island Medical Briefs: March 5, 2004.
March 5, 2004... Byline: Claude Solnik Long Island hospitals are mobilizing to rally in Albany against Governor George Pataki's proposed 0.7 percent gross receipts, or "sick" tax, which the Nassau-Suffolk Hospital Council said could cost Long Island...

Hauppauge-based Robert Martin Advertising attracts customers in the same way it helps them.
March 5, 2004... Byline: Adina Genn Some people subscribe to the "Do as I say and not as I do" philosophy, but Bob Salomone and Bob Beroza, senior partners at Hauppauge-based marketing firm Robert Martin Advertising, practice what they preach. The duo...

Plato's Closet, a retail outlet, sells teenagers brand-name labels for less.
March 5, 2004... Byline: Adina Genn Laura Pullar hates paying retail for clothing. But she understands the pull of consumerism, especially when it comes to teenagers shopping for trendy clothing. That's why she was drawn to Plato's Closet, a retail outlet...

Darren Johnson named Touro Law Center's director of communications.
March 5, 2004... Byline: Ryan McCormick Darren Johnson has been named Touro Law Center's director of communications. In that position, he will develop and execute marketing and public relations plans for the law school, as well as manage publications,...

John Eichler appointed field hydrogeologist at P.W. Grosser Consulting in Bohemia.
March 5, 2004... Byline: Ryan McCormick John Eichler has been appointed field hydrogeologist at P.W. Grosser Consulting, an environmental engineering services firm in Bohemia. Beata Xavier has been appointed marketing manager. Previously, Eichler was a...

Inn at Fox Hollow in Woodbury appoints Franklin D. Manchester director of sales and marketing.
March 5, 2004... Byline: Ryan McCormick The Inn at Fox Hollow in Woodbury has appointed Franklin D. Manchester director of sales and marketing. There he will manage the sales team, create sales literature and focus on improving corporate account business....

Orit Yaakobi promoted to benefits consultant at Chernoff Diamond & Co. in Garden City.
March 5, 2004... Byline: Ryan McCormick Orit Yaakobi has been promoted to benefits consultant at Chernoff Diamond & Co., an employee benefits advisory firm in Garden City. Previously, she was associate benefits consultant. Yaakobi will be responsible...

Mortgage Warehouse in Melville announces staffing changes: March 5, 2004.
March 5, 2004... Byline: Ryan McCormick Mortgage Warehouse in Melville has appointed Jonathan Foxx compliance management consultant and Stephen Mayer controller. Foxx will be responsible for reviewing and implementing federal and state regulatory...

Kathy O'Malley joins Total Office Solutions in New York as an account executive.
March 5, 2004... Byline: Ryan McCormick Kathy O'Malley has joined Total Office Solutions in New York as an account executive. In that role, she will be responsible for creating working relationships between TOS and the Long Island business community. ...

Lauren Cramer selected as public relations rep for the Lymphatic Research Foundation in Roslyn.
March 5, 2004... Byline: Ryan McCormick Lauren Cramer has been selected as the new public relations representative for the Lymphatic Research Foundation in Roslyn, a volunteer position organized through the public relations department of Long Island...

Joan Nahles appointed vice president and public relations director at Daniel Gale Manhasset.
March 5, 2004... Byline: Ryan McCormick Joan Nahles, former sales manager at the Daniel Gale Manhasset office, has been appointed vice president and director of public relations. Nahles will list and sell homes, and will now oversee and coordinate...

S. Nassau Communities Hospital appoints John Arnold assistant director of safety and security.
March 5, 2004... Byline: Ryan McCormick South Nassau Communities Hospital has appointed John Arnold assistant director of safety and security. In his new role, Arnold will oversee all hospital safety and security programs and assume leadership when the...

Joe D'Angelo named managing director of Alvarez & Marsal.
March 5, 2004... Byline: Ryan McCormick Joe D'Angelo has been named managing director of Alvarez & Marsal, a global professional services firm. D'Angelo, who previously served as a financial planner at Sprint Corp., will specialize in evaluating A&M's...

Kerwin appointed head of Bankers Life.
March 5, 2004... Byline: Ryan McCormick James Kerwin has been appointed president and chief executive officer of Bankers Life of New York, an AmerUs company. His main focus will be to promote and market BLNY's life insurance portfolio to the brokerage...

Dowling College receives $75,000 grant from the George I. Alden Trust.
March 5, 2004... Byline: Ryan McCormick Dowling College has received a $75,000 grant from the George I. Alden Trust to upgrade seven traditional classrooms to "smart" classrooms with numerous media and technology enhancements. The upgrades were recently...

Education & Assistance Corp. to hold Corporate Challenge golf outing.
March 5, 2004... Byline: Ryan McCormick The Education & Assistance Corp. will hold the first EAC Corporate Challenge Scholarship Cup at the exclusive Deepdale Golf Club on July 19. All proceeds will support EAC's Chance to Advance Scholarship Fund,...

Long Islanders to walk in support of the March of Dimes.
March 5, 2004... Byline: Ryan McCormick Thousands of Long Islanders will walk at four sites on Sunday, April 25, to support the March of Dimes' fight to save premature babies. WalkAmerica will take place at Eisenhower Memorial Park, East Meadow; Glen...

Beta Sigma Phi to sponsor fashion show to benefit Hope House Ministries in Holbrook.
March 5, 2004... Byline: Ryan McCormick Beta Sigma Phi will be sponsoring a spring fashion show to benefit Hope House Ministries on March 25 at Villa Lombardi's in Holbrook. Dinner will be served, and there will also be a Chinese auction at the show. HHM...

Barry and Florence Friedberg JCC raises $40,000 to benefit scholarship fund.
March 5, 2004... Byline: Ryan McCormick The Barry and Florence Friedberg JCC, a non-profit, full-service community center, raised more than $40,000 at its recent "Evening in Monte Carlo." Funds will benefit the Andrew Rosenblum Memorial Scholarship Fund,...

Grenville Baker Boys & Girls Club provides educational activities and safe place to go after school.
March 5, 2004... Byline: Ken Cerini Grenville Baker Boys & Girls Club works to inspire young children to realize their potential. Activities and programs are focused on character and leadership development; education and career development; health and life...

Alternative minimum tax has expanded annually to include more and more taxpayers.
March 5, 2004... Byline: Ben Abelson As taxpayers dig out their receipts, tally their deductions and boot up their tax software this year, they may encounter an unpleasant surprise. It's called the alternative minimum tax. Created in the 1960s as a way...

In accounting, number of registered sole practitioners decreasing.
March 5, 2004... Byline: David Reich-Hale Although the height of tax season has sole practitioners buried in W-2s and 1099s, they may have a different kind of obstacle to clear once their schedules lighten up. The fact is, it's becoming difficult for many...

Long Island Financial Briefs: March 5, 2004.
March 5, 2004... Byline: LIBN Staff They jam your mail box, litter your e-mail and bear the hallmarks of a get-rich-quick scheme. While offers to refinance mortgages and promises to save money by taking out another loan sometimes do exactly that, they can...

Lake Success-based Astoria Financial finds fewer acquisition opportunities in today's market.
March 5, 2004... Byline: LIBN Staff Lake Success-based Astoria Financial Corp. has grown into a giant with $22.5 billion assets by ravenously acquiring other banks, but don't expect it to gobble up another institution any time soon. At the Eastern...

Commentary: Robert Martin team practices what it preaches.
March 5, 2004... Byline: Adina Genn Some people subscribe to the "Do as I say and not as I do" philosophy, but Bob Salomone and Bob Beroza, senior partners at Hauppauge-based marketing firm Robert Martin Advertising, practice what they preach. The duo...

Commentary: Trendy store sells teenagers brand-name labels for less.
March 5, 2004... Byline: Adina Genn Laura Pullar hates paying retail for clothing. But she understands the pull of consumerism, especially when it comes to teenagers shopping for trendy clothing. That's why she was drawn to Plato's Closet, a retail outlet...

In accounting, going solo is a lonely business.
March 5, 2004... Byline: David Reich-Hale Although the height of tax season has sole practitioners buried in W-2s and 1099s, they may have a different kind of obstacle to clear once their schedules lighten up. The fact is, it's becoming difficult for many...

Tax temps help local accountants lighten their load.
March 5, 2004... Byline: Ben Ableson For Long Island accounting firms, the rush is on. Much as the holiday shopping season ushers in stress for retailers, tax season - traditionally from December to April 15 - heralds a lot of extra work for CPAs....

Brushing up on history of U.S. income tax.
March 5, 2004... Byline: Janice Francis-Smith (This article was originally published in The Journal Record, Oklahoma City, OK, another Dolan Media publication.) Though several generations have grown up under the law, the federal income tax remains a...

Long Island Marketing Briefs: March 5, 2004.
March 5, 2004... Byline: KEN SCHACHTER The troubles of Symbol Technologies and Computer Associates have played out like a soap opera in recent months. Government investigations into accounting, sudden departures by high-ranking executives and speculation...

Long Island Legal Briefs: March 5, 2004.
March 5, 2004... Byline: Rosamaria Mancini New York State Bar Association President A. Thomas Levin has come out strong against federal legislation that caps non-economic damages, restricts punitive damages and creates a statute of limitations for...

Long Island Marketing Briefs: March 5, 2004.
March 5, 2004... Byline: Claude Solnik Wouldn't it be wonderful if on a cold day prices sank along with the temperature? For one product on Long Island and New York City, they did. In February, donut kingpin Krispy Kreme rewarded customers who bought...

Long Island Medical Briefs: March 5, 2004.
March 5, 2004... Byline: Claude Solnik Long Island hospitals are mobilizing to rally in Albany against Governor George Pataki's proposed 0.7 percent gross receipts, or "sick" tax, which the Nassau-Suffolk Hospital Council said could cost Long Island...

James Kerwin appointed president and chief executive officer of Bankers Life of New York.
March 5, 2004... Byline: Ryan McCormick James Kerwin has been appointed president and chief executive officer of Bankers Life of New York, an AmerUs company. His main focus will be to promote and market BLNY's life insurance portfolio to the brokerage...

Darren Johnson named Touro Law Center's director of communications.
March 5, 2004... Byline: LIBN Staff Darren Johnson has been named Touro Law Center's director of communications. In that position, he will develop and execute marketing and public relations plans for the law school, as well as manage publications, the...

Bohemia-based P.W. Grosser Consulting announces two appointments.
March 5, 2004... Byline: LIBN Staff John Eichler has been appointed field hydrogeologist at P.W. Grosser Consulting, an environmental engineering services firm in Bohemia. Beata Xavier has been appointed marketing manager. Previously, Eichler was a...

Inn at Fox Hollow in Woodbury appoints Franklin D. Manchester director of sales and marketing.
March 5, 2004... Byline: LIBN Staff The Inn at Fox Hollow in Woodbury has appointed Franklin D. Manchester director of sales and marketing. There he will manage the sales team, create sales literature and focus on improving corporate account business. ...

Grenville Baker Boys & Girls Club lets kids live, learn and hang loose.
March 5, 2004... Byline: Ken Cerini Grenville Baker Boys & Girls Club works to inspire young children to realize their potential. Activities and programs are focused on character and leadership development; education and career development; health and life...

Long Island Nonprofits Briefs: March 5, 2005.
March 5, 2004... Byline: LIBN Staff Dowling College has received a $75,000 grant from the George I. Alden Trust to upgrade seven traditional classrooms to "smart" classrooms with numerous media and technology enhancements. The upgrades were recently...

Orit Yaakobi promoted to benefits consultant at Chernoff Diamond & Co. in Garden City.
March 5, 2004... Byline: LIBN Staff Orit Yaakobi has been promoted to benefits consultant at Chernoff Diamond & Co., an employee benefits advisory firm in Garden City. Previously, she was associate benefits consultant. Yaakobi will be responsible for...

Mortgage Warehouse in Melville announces two new appointments.
March 5, 2004... Byline: LIBN Staff Mortgage Warehouse in Melville has appointed Jonathan Foxx compliance management consultant and Stephen Mayer controller. Foxx will be responsible for reviewing and implementing federal and state regulatory compliance...

Kathy O'Malley joins Total Office Solutions in New York as an account executive.
March 5, 2004... Byline: LIBN Staff Kathy O'Malley has joined Total Office Solutions in New York as an account executive. In that role, she will be responsible for creating working relationships between TOS and the Long Island business community. ...

Lauren Cramer selected as new PR representative for Lymphatic Research Foundation in Roslyn.
March 5, 2004... Byline: LIBN Staff Lauren Cramer has been selected as the new public relations representative for the Lymphatic Research Foundation in Roslyn, a volunteer position organized through the public relations department of Long Island...

Joan Nahles appointed VP and director of public relations at Daniel Gale Manhasset office.
March 5, 2004... Byline: LIBN Staff Joan Nahles, former sales manager at the Daniel Gale Manhasset office, has been appointed vice president and director of public relations. Nahles will list and sell homes, and will now oversee and coordinate...

South Nassau Communities Hospital appoints John Arnold assistant director of safety and security.
March 5, 2004... Byline: LIBN Staff South Nassau Communities Hospital has appointed John Arnold assistant director of safety and security. In his new role, Arnold will oversee all hospital safety and security programs and assume leadership when the...

Joe D'Angelo named managing director of Alvarez & Marsal, a global professional services firm.
March 5, 2004... Byline: LIBN Staff Joe D'Angelo has been named managing director of Alvarez & Marsal, a global professional services firm. D'Angelo, who previously served as a financial planner at Sprint Corp., will specialize in evaluating A&M's...

Nassau County Executive Suozzi proposes empire zone.
March 5, 2004... Byline: Rosamaria Mancini Frustrated. That's how Nassau County Executive Tom Suozzi says he feels about Nassau's status as one of only 11 New York counties - out of 62 - that don't have empire zones. Those zones, which provide...

Bioterrorism sensors tested in NYC, on LI.
March 5, 2004... Byline: Ken Schachter Researchers are testing bioterrorism sensors in Greenwich Village and on Long Island in prototype programs designed to pave the way for full-scale projects by a public-private homeland security alliance. The...

Summit Plastics pursues acquisition of industrial property in Bay Shore.
March 5, 2004... Byline: Nick Anastasi Summit Plastics Inc. is pursuing the acquisition of an industrial property that would nearly double the size of the privately held firm's space holdings. Placing its current facility, a 68,000-square-foot building...

Long Island Republicans roll out red carpet for President.
March 5, 2004... Byline: Claude Solnik Celebrity sightings are nothing new at the Carltun, a restaurant and catering facility at Eisenhower Park. But diners there next week might get a glimpse of the most powerful man in the nation: President George W....

Affordable housing hits the Hamptons.
March 5, 2004... Byline: Nick Anastasi The Southampton Town Board has approved a $20 million residential development plan that it hopes will bring much-needed affordable housing to the East End municipality. The plan calls for the development of a...

Brooklyn-based Kamco Building Supply drops out at Enterprise Park at Calverton.
March 5, 2004... Byline: Nick Anastasi After failing to make inroads into the East End development market, Kamco Building Supply is in contract to sell its facility at the Enterprise Park at Calverton to Vertical Line Productions, another tenant of the...

Introduction by TS helps Cupid find his mark.
March 5, 2004... Byline: Rosamaria Mancini Looking for love on Long Island? Terry Sloane says she can help. Since 1998, Sloane has been a personal matchmaker, and for anywhere between $3,500 and $10,000, she may be able to help you find the person...

Hospice Inn in Huntington stands alone -- for now.
March 5, 2004... Byline: Claude Solnik The Hospice Care Network has won conditional approval from the state to open the Hospice Inn at Huntington, one of the first hospices in New York State (and the first on Long Island) housed outside a hospital or...

Citing housing issue, Teel returns to Long Island Assn.'s board.
March 5, 2004... Byline: Ken Schachter As it turned out, Phil Teel's departure from the Long Island Association board was short-lived. When he left the board last year, the head of Northrop Grumman operations on Long Island cited time pressures. But...

Taxi, limo commission starts the meter in Nassau County.
March 5, 2004... Byline: Rosamaria Mancini Nassau County officials say a new taxi and limousine commission approved last year should begin issuing certificates of registration by the end of the month. The commission, whose representatives will be...