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Tag: local economy

  • ‘Suffolk 250’ book aims to boost tourism, highlight sites | Long Island Business News

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    Celebrating 250 years since the Declaration of Independence, leaders in Suffolk County have released a new guide to the area’s . The guide gives Long Islanders and visitors a roadmap to explore local landmarks – and is designed to boost tourism in the process.

    “Long Island’s Path to Independence: A Revolutionary Passport” is published by the Suffolk County 250 Commemorative Planning Committee. The book encourages public engagement with Long Island’s history and was developed by local historical societies, , and community institutions. The guide includes QR codes for each participating organization’s website, and features space to collect commemorative stamps from each site visited.

    “This book – sold at cost – is a field guide to the history of Suffolk County, a history that goes all the way back to this being the first English-speaking settlement in what is now New York,” Suffolk County Executive Ed Romaine said in a news release about the guide.

    The book’s release comes at a time of strong tourism that has been reported for the region. In 2024, Long Island tourism reached record highs, with $7.9 billion in spending, up 3.8 percent from the previous year, according to New York State’s annual tourism economic impact report.

    Tourism jobs also increased, with 78,418 jobs in 2024, up from 76,227 in 2023.

    The recently published passport book highlights sites such as locations tied to the Culper Spy Ring, a former tavern, and The Country House Restaurant – a dining destination built in 1710 with a storied past.

    Along with the passport book are a free mobile app that will soon feature audio files of all the historic sites around the county. Events and promotions celebrating the anniversary will also be posted on Suffolk250.org.

    The book is sold on for $8.32.


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    Adina Genn

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  • Amid ‘uncertainty and chaos,’ Montgomery County examines the health of retail – WTOP News

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    Montgomery County’s retail sector remains stable but faces growing uncertainty, according to Planning Board Division Chief Carrie McCarthy. With over 68,000 retail jobs and $13 billion in projected household spending, the county continues to attract businesses despite challenges like federal job losses and shifting consumer habits.

    Carrie McCarthy, a division chief at Montgomery County’s Planning Board, described the current retail climate as “stable but softening.”

    McCarthy told the Montgomery County Council Economic Development Committee on Thursday that while there are some weak spots, the county’s reputation as a wealthy D.C. area suburb still makes it an attractive location for retail. But, she added, “there’s a lot of uncertainty and chaos out there.”

    “Consumers are still spending, but cautiously,” McCarthy said of retail nationally.

    She added that in Montgomery County, the retail industry employs over 68,000 people, mostly in food services and grocery stores. There’s about 3,400 retail establishments in the county.

    According to McCarthy, residents spend most on food and beverages, entertainment, clothing and child care.

    “Montgomery County households are expected to spend about $13 billion on these retail categories,” McCarthy said.

    McCarthy noted that child care might not seem like a part of the retail sector, but the market is changing what we think of a retail consumer, and child care businesses can be a “good occupier of ground-floor retail space.”

    The development of online shopping and the impact of the pandemic led some to make predictions that brick and mortar retail outlets were doomed, but McCarthy told the council committee that businesses that started as e-retailers “do often find that they want a brick and mortar location.”

    McCarthy also said that retail outlets make communities “lovable as well as livable.”

    “People have their neighborhood market, their neighborhood restaurant — it’s a private sector vehicle for supporting social connections,” she said.

    Vacancy rates for retail vary across the county, ranging from 31% in the Chevy Chase and Friendship Heights area to 10% in downtown Silver Spring, according to data supplied by McCarthy.

    Noting the impact that federal job losses have had in the county, along with tariffs that affect businesses, McCarthy said retail has taken some hits, but it will bounce back. She said in these times, it’s about supporting businesses and helping them change their business plans as needed.

    Geoff Sharpe, vice president of creative planning and development for Federal Realty Investment Trust, told the committee there are a number of ways the county can assist retailers.

    He listed pilot programs, community improvement districts and property tax abatements as “tools that could be employed to foster retail development.”

    Sharpe also talked about how online shopping has changed the way brick and mortar outlets operate. He referred to “BOPIS,” or the “buy online, pickup in store” model that many retailers have added.

    “For retail businesses to have successful BOPIS, you need to have circulation patterns that make sense. You need to be able to offer short-term parking that’s proximate to the store,” Sharpe said.

    Across the country, localities have been faced with what to do with shuttered large retail outlets or even shopping malls. Sharpe said even in smaller spaces, a retailer will have to redevelop the space to adapt to modern shopping preferences.

    “Minimizing the time and the cost of making those changes is really important so that we can accommodate those retail businesses in Montgomery County,” he said.

    An updated report from Montgomery County Planning is expected by spring of 2026.

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    © 2025 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

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    Kate Ryan

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  • Old Town Bowie trades antiques for innovation with crafty rebrand – WTOP News

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    Old Town Bowie is undergoing a vibrant transformation with the launch of “Crafted In Bowie,” a rebranding initiative aimed at revitalizing the historic railroad district into a thriving maker community.

    Once upon a time, Old Town Bowie was a railroad hub. But nowadays, the trains speed right on by, just like most of the people who drive through there.

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    Trying to create something new in Old Town Bowie

    While Bowie, along with the rest of the D.C. region, has grown exponentially in recent years, Old Town Bowie has not.

    In fact, in that part of the Maryland town, the emphasis is on “the old.” There’s a few antique shops along the brick sidewalks, and not much else. There once was a sit-down restaurant, but it’s since been closed.

    But after years of talk, and numerous community surveys, is the town on the cusp of creating something new?

    This weekend, a rebranding of Old Town Bowie is launching called “Crafted In Bowie.” The goal is to transform that part of town the same way other towns around the region have seen their railroad adjacent and historical neighborhoods transformed.

    “It’s just an energy that’s needed to be revitalized here,” said Mark Lawrence, president of Inncuvate Community Development Partners. “So when you walk around, you see storefronts, you see a lot of parks and amenities, but it’s just really an untapped gem in Bowie.”

    The area in question is only a few blocks, divided by some railroad tracks used by Amtrak, MARC and freight rail. A bridge that has a sidewalk that isn’t exactly pedestrian friendly crosses over those tracks, and it doesn’t have that downtown feel you might get when visiting Annapolis or Frederick. Instead, the idea is to turn that part of town into what’s considered a “maker district.”

    “Things that are locally made here, sourced here, but also creating a new sense of community pride,” Lawrence said. “So anything from small scale arts and crafts, manufacturing, to food. We eventually want to get to the emerging tech sort of manufacturing, leveraging all the anchors and all the activity that’s going on in the city of Bowie.”

    Right now, seven properties are being eyed to begin this transformation. One of the old antique stores is envisioned as a new creative hub called The Foundry, which will be used by artists and craftsmen. Another building could become a shared commercial kitchen — The Stove House — where a handful of food trucks or other chefs can do prep work.

    Lawrence hopes to have both up and running a year from now. More immediately, new murals that pay homage to the history of Old Town Bowie are being developed.

    “We know there’s a lot of local entrepreneurs that are crafting and making stuff at home, in their garages,” he said. “We’re trying to create the innovation co-working in shared spaces to get them out of that. And again, as their businesses grow, they will take up some of these storefronts.”

    Old Town Bowie is only about a mile from Bowie State University, if you follow the train tracks. A path along those tracks doesn’t exist though, but with new development under construction on the campus, the hope is that will change.

    It would also help Old Town Bowie take advantage of some of the STEM education happening at Bowie State.

    Lawrence said they are also connecting with other Makerspace programs around the state.

    “We’ve done some feasibility studies. We talked to the community members, we talked to the entrepreneurs,” he said. “That’s what they call for. Not necessarily retail, but cafes, coffee shops, where they can see where the coffee is ground, and they can also purchase a cup of coffee. Food always came up.”

    Those who create will then sell their work at a series of pop-up markets and events held in the spaces there.

    “Events drive culture, drives community, and if we want to transform this area, that’s what we need to do,” he said.

    “There’s lessons learned from Hyattsville. There’s lessons learned from Kensington, Maryland … and other areas — older railroad towns, antique towns,” Lawrence added. “They have that walkable vibe. They just need an industry, an economy that fits the neighborhood to keep it viable.”

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    © 2025 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

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    John Domen

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  • Bank of America opens new branch in Rocky Point | Long Island Business News

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    Banking executives and staff held a ribbon-cutting ceremony last week at ‘s newest Long Island branch. 

    Bank of America officially opened its new 3,474-square-foot branch at 366 Route 25A in on Wednesday, Sept.17. The property was formerly occupied by a bank branch. 

    The new Rocky Point branch, which features enhanced technology, private offices and on-site financial specialists, is one of 60 recently renovated or new Bank of America financial centers across Long Island, according to a company statement. 

    “The new in Rocky Point reflects our high-tech and high-touch approach to meeting the banking, borrowing, and investing needs of our clients,” Marc Perez, president of Bank of America Long Island said in the statement. “At every one of our financial centers, our priority is providing clients with expert advice and personalized guidance to help them make confident financial decisions.” 

    Nationally, Bank of America financial centers host around 450,000 client visits per day, which is up nearly 4 percent from last year, according to the company. The company also serves about 59 million digital clients.

    Besides its many branches and services, Bank of America also continues to give back to the community. Since 2020, the company has invested more than $11 million across Long Island through grants to local nonprofits, employee matching gifts, sponsorships and more, including supporting Long Island-based Bank of America employees who have collectively volunteered more than 50,000 hours, according to the statement. 


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    David Winzelberg

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