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Tag: long island association

  • Study: Farmingdale State College drove $1B economic impact, 10K jobs | Long Island Business News

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    THE BLUEPRINT:

    • FSC contributed nearly $1 billion to Long Island’s economy from 2020–2025

    • The college supported almost 10,000 jobs across Nassau and Suffolk counties

    • A $272 million economic impact was generated by FSC in 2025 alone

    • Construction projects, including a Computer Sciences Center, are projected to add $250 million by 2028

    Nearly $1 billion in economic activity and almost 10,000 jobs were generated by between 2020 and 2025, according to a new economic impact analysis by the . The study examined spending tied to the college’s operations and construction, as well as expenditures by students and visitors, capturing the multiplier effect as those dollars circulated through the regional economy and supported additional jobs and business activity across Long Island.

    The LIA Research Institute, the research arm of the , conducted the study for FSC to assess the college’s recent economic impact and expectations for the future.

    “Farmingdale State College is an economic engine for our region, enabling Long Islanders to obtain a quality education and secure jobs and also serving as a major employer and community asset,” Matt Cohen, president and chief executive of the LIA said in a news release about the study. “The LIA was proud to partner with Farmingdale to conduct this illuminating analysis to demonstrate its ripple effect throughout Nassau and Suffolk counties.”

    Founded 114 years ago as a farming and horticultural school, FSC now enrolls more than 10,000 students annually in programs such as engineering, sciences, business and computer science. And the college has plans for continued growth.

    The study found that in 2025 alone, FSC generated $272 million in economic impact, driven largely by university operations and staffing. To support new academic programs, the college is expanding its physical infrastructure, with new and renovated facilities underway. This includes a 50,000-square-foot Computer Sciences Center. Construction-related economic impact through 2028 is projected at approximately $250 million.

    “Colleges and universities are truly remarkable public assets, not only through our role as a major regional employer, but also as an engine of social mobility, and innovation,” Robert Prezant, president of Farmingdale State College said in the news release.

    “FSC plays a vital role in the local and regional economy and the report produced by the LIA solidifies this role with real, meaningful data,” he added. “Through our unique and innovative programs, FSC continues to attract energetic and talented students who will be the future of Long Island’s workforce. We are proud of the work we do on campus and the impact we have on our surrounding community.”

    “What Farmingdale creates for our community goes well beyond its campus,” Steven Kent, chief economist of the LIA Research Institute, said in the news release.

    “The colleges’ spending, construction, students and visitors activate the broader economic chain within Nassau and Suffolk counties,” he said.  “But it is not just dollars. The college transforms its students who mostly stay on Long Island, get high-paying jobs, and create a virtuous circle for our region.”

    For this study, the LIA Research Institute used the IMPLAN calculation process, an economic impact modeling system applied to estimate how spending affects a regional economy. The study looked at direct spending by the college from 2020-2025; indirect spending by employees, students, and visitors and induced impacts including the effect on regional businesses.

    The complete study is available here.


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    Adina Genn

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  • New York Regents meet LIA leaders on diploma requirement changes | Long Island Business News

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    THE BLUEPRINT:

    • Regents members Thomas-Williams and Tilles met leaders in Melville.

    • Meeting focused on changes to high school .

    • The “” model emphasizes academics, social-emotional skills, and more.

    • Strong partnerships between business leaders and educators highlighted as essential for preparing the future workforce.

    Members of the New York Board of Regents met with business leaders at the Long Island Association (LIA) in Melville earlier this month to discuss upcoming changes to high school diploma requirements as plans to phase out move forward. These requirements are being restructured under a new model called the “Portrait of a Graduate.”

    Adopted at a Board of Regents meeting in July, the model is slated to launch in the 2027-2028 academic year after Regents exams are no longer required for graduation.

    In Melville Regent Felicia Thomas-Williams, who represents Nassau and Suffolk counties), and Regent At-Large Roger Tilles met with the LIA’s , Education and Not-for-Profit Business Committee to discuss the latest initiatives.

    The New York State Department of Education plans to release guidance by summer of 2027 to support the implementation of the model, including graduation requirements and learning standards. The model is designed to address all aspects of learning and whole-child development and demonstrates that students understand their subjects. This includes academic, social, emotional and cultural development to prepare students to demonstrate “creativity, critical thinking, communication, reflection and global awareness so they can be prepared to learn, grow, innovate, and contribute meaningfully to society,” according to a news release from the LIA about the meeting with Board of Regents officials.

    The model also integrates internships and work-based learning to equip students for college and careers.

    The region’s K-12 education system “is critical for a thriving economy so students can get quality jobs on Long Island and stay here after they graduate. I thank Regents Thomas-Williams and Tilles for coming to speak to the LIA and give an update on what the New York State Board of Regents is working on,” LIA President and Chief Executive Matt Cohen said in the news release.

    Strong partnerships between schools and businesses, Tilles said, are crucial to preparing the future workforce.

    “Like the many other times I’ve talked with LIA members, I find that educators need to have the input of business and that business needs to know what the education future will bring,” Tilles said in the news release.

    Thomas-Williams shared that sentiment.

    “The portrait of a graduate reflects what families, educators, employers, and communities have long told us – students must leave our schools with knowledge, purpose, adaptability, and a sense of belonging,” Thomas-Williams said in the news release. “This is not aspirational language; it is a call to action to build equitable systems that honor multiple pathways and ensure every student is prepared not just to graduate, but to thrive.”

    Regents exams may still be offered in the future but may take the shape of a series of exams over the course of the year, or by completing projects, according to published reports.


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    Adina Genn

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  • Long Island Association adds seven new board members | Long Island Business News

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    THE BLUEPRINT:

    • LIA elects seven new board members from major Long Island institutions.

    • New members represent , research, defense and accounting.

    • Leaders elected to help bolster economic growth and competitiveness.

    • LIA says new voices will support innovation and small-business success.

    The recently elected seven new members to its . The new board members serve in higher education, accounting services, scientific research and defense manufacturing, bringing expertise in their fields.

    These members, all from organizations that were already represented on the board, were elected to support the LIA’s mission to advance regional economic and business development.

    “We are excited to welcome these accomplished and knowledgeable leaders to the LIA Board of Directors,” Lawrence Waldman, chairman of the LIA, said in a news release about the board members.

    “Their leadership and industry expertise will bring fresh perspectives and help guide our mission to strengthen Long Island’s competitiveness and economic resilience,” he added.

    The board members include Dr. Jerry Balentine, president of New York Institute of Technology, with a campus in Old Westbury; Damon Brady, product line director of , with locations in Greenlawn; Andrea Goldsmith, president of ; John Hill, interim director of ; Craig Savell, managing principal of the New York metro region of , which includes offices in Uniondale and Melville; Christopher Storm, interim president of president of , whose main campus is in Garden City; and Jerry Ward, office managing partner of , with a location in Jericho.

    The LIA’s Board of Directors comprises “a cross-section of our region’s leading industries and institutions, and these new voices will contribute to the LIA’s efforts to ensure a thriving economy,” Matt Cohen, president and chief executive of the LIA, said in the news release.

    “The work of the new board members at their respective companies and organizations is critical to both the growth of our innovation economy and success of small businesses, and we look forward to having their input as we advocate for a prosperous Long Island,” he said.


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  • Caitlin Clark speaks to Long Island leaders at LIA event | Long Island Business News

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    THE BLUEPRINT:

    • player spoke at the fall luncheon.

    • More than 700 community and business leaders attended the event.

    • Clark discussed focus, , and challenges in professional sports.

    • She highlighted her foundation’s work supporting youth and communities.

    WNBA star Caitlin Clark made her first visit to Long Island on Wednesday, speaking before more than 700 local leaders at the Long Island Association’s annual fall luncheon at the Crest Hollow Country Club in Woodbury.

    They were there to glean insights from the 23-year-old guard, who spoke about basketball, leadership, coaching and more.

    In a one-on-one conversation with Matt Cohen, president and CEO of the Long Island Association (LIA), Clark spoke about the benefits of focus and passion for the game.

    “I really love my craft, and I love getting better at it,” she said, adding that not everyone shares the same passion for putting in the hours at the gym to excel.

    Clark holds the distinction of being the youngest and first female professional athlete to address the LIA’s fall luncheon, an event typically featuring political leaders, authors or athletes.

    On Wednesday, LIA Chair Larry Waldman told the crowd that this year the organization is taking “a break from ,” which won applause in the room.

    Cohen has described Clark as a “transformational figure” in sports who “has in many ways transcended the sport of , and she’s changed the economics of the league.”

    In Woodbury on Wednesday, Clark said that she considers New York a top place to play basketball, adding that the crowd and support here are “really fun.”

    Still, she said there are challenges that sports fans may never see. For example, injuries and setbacks bring disappointment, she said. But those experiences have helped her “become a better teammate,” she added.

    She emphasized the importance of showing up for teammates, saying, that often “those are the teams that win at the end of the day.”

    A businesswoman and philanthropist, Clark said earning her degree in marketing at the University of Iowa help her in these roles. Now with partnerships with such companies as Nike and Gatorade, Clark stressed the importance of collaborating with “brands that align with who I am.”

    Asked by Cohen if she had any advice for some of the university leaders at the luncheon about working with student athletes, Clark pointed out that the athletes are typically 22 years old and younger who are beginning to find their footing. Support from coaches and university leaders can help young athletes navigate their paths, she said.

    through the Caitlin Clark Foundation, Clark said, is a highlight for her. The aims to “uplift and improve the lives of youth and their communities through education, nutrition and sport,” according to the foundation. The organization has installed athletic courts in Iowa and Indianapolis for to play sports, orchestrated backpack giveaways and more.

    Giving back, she said, was part of her upbringing.

    Clark often steered the conversation back to her family, who kept her grounded as a young athlete.

    She offered advice to young athletes today.

    “Just enjoy it,” she said.

    Pointing out that it wasn’t that long ago since she was a high school athlete, she reflected on those days, calling them “some of my best memories.”


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    Adina Genn

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  • Soccer icon Beckham offers leadership inspiration on Long Island | Long Island Business News

    Soccer icon Beckham offers leadership inspiration on Long Island | Long Island Business News

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    Listen to this article

    Bring grit and determination, but also foresight and grace. Surround yourself with people who have your best interests at heart. Celebrate the wins, and reassess the mishaps. And consider an exit strategy while keeping an eye out for new opportunities.

    These are just some of the takeaways from soccer legend David Beckham, who spoke before a group of about 700 business leaders and also young athletes at the Long Island Association luncheon at Woodbury-based Crest Hollow Country Club last week.

    To achieve great heights, Beckham said, it helps to love what you do.

    “It takes sacrifice and dedication, and hard work, but also you have to enjoy it,” he said. “Unless you’re enjoying it, don’t do it, because at the end of the day you have to enjoy what you do.”

    Once that highest level is achieved, focus and hard work keep you in the game, Beckham said.

    It helps, too, to negotiate contracts with the most potential. For example, when joining the LA Galaxy, Beckham signed a deal that included a cut of the sales of tickets, jerseys, beer, hot dogs and more, according to published reports.  The contract also contained a clause that enabled Beckham to purchase a Major League Soccer team for “a set fee of $25 million” when he retired, according to The Athletic, a sports publication.

    Now, Beckham is a co-owner of Inter Miami CF, and having recruited soccer icon Lionel Messi from Argentina, the “club’s value could skyrocket from approximately $585 million to over $1 billion,” according to Yahoo!Finance.

    Even at this level, a leader’s grit and determination remains one of the most critical assets.

    Take Messi. Beckham said he is “the first person in training, and he is the last person out of training. He is 36 years old. He’s won every major tournament and trophy that you can. But he’s still the hardest working. He’s still the most dedicated…that tells you how much work it takes. But he still also has a lot of fun doing it.”

    Grace and charm help, too, when conducting business. At the luncheon, Beckham thanked LIA President and CEO Matt Cohen, and the audience for attending, adding a bit of humbleness.

    “I do want to thank you all for giving up your morning to be here today, and also to listen to me talk up here,” Beckham said.

    Matt Cohen and David Beckham. Photo by Judy Walker
    Matt Cohen and David Beckham. Photo by Judy Walker

    That humbleness permeated the luncheon interview even when highlighting some of the most powerful moments on the field. For example, Cohen referenced a winning goal Beckham had shot from 50 feet away for Manchester United.

    “Some people consider that the greatest
    goal of all time,” Cohen said. “Do you share that sentiment?”

    “I’m not sure about that, but it was a pivotal moment, really, in my career,” Beckham said.

    And while that goal opened many avenues, Beckham remains grateful for the people who kept his best interests at heart.

    He said he was “lucky” that Manchester United had Alex Ferguson as a manger.

    “He protected me on every level,” Beckham said, including keeping him from talking to the media during the early winning moments of his career.

    Beckham continued to seek to surround himself with people he trusted and whose work he admired.  Consider, for example, his four-part documentary series currently airing on Netflix.

    “I always said if I was going to do it, I would do it properly,” he said about filming the series.

    “It was quite a difficult two-and-a-half years of filming,” Beckham said. “We did 55 hours of filming and Fisher Stevens was a director.” Beckham is a fan of Stevens, an actor and filmmaker, who won an Oscar for his 2010 documentary, “The Cove,” and, according to published reports, was recommended by Leonardo DiCaprio, who had worked with Stevens on two environmental documentaries.

    The Beckham series looked at some of the roughest moments for the soccer superstar, including England’s World Cup match against Argentina in 1998. That was when Beckham was red-carded for deliberately kicking the back of Diego Simeone’s leg. England’s World Cup hopes were crushed, and Beckham instantly went from hero to villain.

    David Beckham playing for Real Madrid in 2007. (AP Photo/Paul White)
    David Beckham playing for Real Madrid in 2007. (AP Photo/Paul White)

    Asked at the luncheon about that moment, Beckham said, “I always say there’s not one thing that I regret in my career. That moment was a difficult moment. And of course, I wish it never would have happened, but it happened for a reason, and it’s taken me a long time to find out why: It pushed me into a place where I had to grow up as a person, as a player, and become stronger.”

    As for planning an exit strategy, Beckham said he’d planned in advance, keeping an eye out for new opportunities.

    When he did exit in 2013, Beckham received a standing ovation from stadium fans. At last week’s luncheon, he grew teary viewing a clip of him bidding farewell to fans and teammates. He’d never expected to get emotional about hanging up his cleats.  But, he said, “even now, I still miss the game every single day.”

    Moving forward, Beckham looked to existing business partnerships, and developed new ones.

    “I always prepared myself for that moment to jump into something else. And the thing that I jumped into straight away” was his already-established business through which he served as an ambassador for various brands, he said. “I have a great team in London, with which I’ve surrounded myself.”

    His post-soccer career includes partnerships with Adidas, Diageo, H&M, L’Oreal and Tudor, as well as Sands, the company that is seeking to build a casino at the Nassau Hub and was the luncheon’s presenting sponsor.

    Beckham believes in giving back, both at
    a charitable level in his ambassadorship
    with UNICEF, and in cultivating a love of U.S. soccer.

    His work includes increasing the sport at a grassroots level, starting with youth leagues.

    Here, he said, “soccer has a real opportunity of growing, even bigger than it is.”

    “I’m always looking for what’s next,” he said. “So I’ll continue to be passionate about building this game because it’s a game that I love. And the reason I wanted to own a team in America is because I believe in this country. I’ve always loved this country.”

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  • LIA launches support program for East End businesses | Long Island Business News

    LIA launches support program for East End businesses | Long Island Business News

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    A new effort is underway to support East End businesses that are members of the Long Island Association, the region’s largest business group.

    The LIA is launching a program to connect those businesses – large or small – with the organization’s resources. The LIA’s East End Business Support Program includes opportunities to foster business relationships, promote the companies through the LIA’s digital communications and events, and connect with  key government and non-government partners and resources.

    The LIA announced the new program Thursday at Atlantis Banquets & Events in Riverhead at a luncheon called “The Future of Business on the East End.”

    “The LIA’s goal is for all of the businesses on Long Island to be able to access our network of support – from Floral Park to Montauk, and everywhere in between. That’s why we are bringing the LIA to the East End to continue to grow its diverse economy,” Matt Cohen, president and CEO of the Long Island Association, said in a statement.

    The LIA also announced the creation of an East End Committee for its members to be co-chaired by LIA Board members Kristen Reynolds, president and CEO of Discover Long Island, and Kevin O’Connor, CEO of Dime Community Bank. The committee will hold its meetings on the East End, rather than at the LIA’s offices in Melville, and will examine issues related to the growth of the East End economy.

    Businesses operating in the five East End towns (East Hampton, Riverhead, Southampton, Southold, and Shelter Island) with 10 or fewer employees can receive a complimentary six-month LIA membership if they sign up prior to Aug 31. Businesses can also access information about the East End Business Support Program by visiting the new LIA webpage www.longislandassociation.org/east-end/, which also lists partner organizations that support the East End’s economic development.

    “As an LIA Board member and a representative for Long Island’s tourism industry, I applaud this new LIA initiative that spotlights local businesses and the important impacts of the tourism economy on the East End,” Discover Long Island President and CEO Kristen Reynolds, said in a statement. “I am honored to co-chair the LIA East End Business Committee, and I look forward to amplifying the needs of this critical economic driver.”

    “I am extremely excited to be co-chairing the LIA’s East End initiative with Kristen Reynolds, which will be making professional resources more accessible to East End businesses,” Kevin O’Connor, CEO of Dime Community Bank, said in a statement. “As the CEO of on organization that has a 100-plus year history of supporting neighborhood businesses, Dime Bank will be actively promoting LIA’s new program and membership options to our local customer base,”

    Stakeholders gave the LIA’s new program high marks.

    “Agriculture is a critical driver of Long Island’s economy, and we at the department work hard to create and support programs that boost these local food and beverage businesses and help connect them with new opportunities,” Richard Ball, New York State agriculture commissioner, said in a statement. “The work of the East End Business Support Program aligns closely with our mission of promoting local producers, and we commend the Long Island Association for helping to ensure that Long Island’s agricultural community can continue to thrive.”

    “The Town of Riverhead is literally the gateway to the East End and in recent years has become a top destination, not only to visit but to conduct business,” Connie Lassandro, president of the Riverhead Chamber of Commerce, said in a statement. “These businesses are the very backbone of our downtown and the surrounding towns. Riverhead is a community rich in diversity with an abundance of wineries, breweries, waterways and restaurants. These assets along with great leadership provide tremendous opportunity for businesses, entrepreneurship and residents to prosper,”

    “As Long Island and in particular the East End continues to evolve it is great to see the LIA evolve and bring the valuable and needed resources to our East End businesses,” Juan Micieli-Martinez, president of the board of directors of the Long Island Farm Bureau, said in a statement.

    “Our family of restaurants is excited to be a part of the expansion of the LIA. We are looking forward to helping connect the hospitality industry on the East End with LIA members and resources for a more fruitful tomorrow,” Tora Matsuoka, a partner of Seasoned Hospitality, said in a statement.

    Thursday’s event also a featured on  a presentation from Newsday on growth opportunities form industries in aquaculture, fisheries, marine construction, maritime transportation, offshore wind, marine research, and tourism and recreation.”Our extensive research provides a new way for Long Island to grow its economic base, especially on the East End, by using the waters that surround our island,” Rita Ciolli, the director of Newsday’s nextLI project, said in a statement.

    The event included a discussion on agriculture, food and beverage, tourism and small business.

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  • Leaders talk next-gen jobs | Long Island Business News

    Leaders talk next-gen jobs | Long Island Business News

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    Clean energy and water. High-tech innovation. Next-generation jobs, thanks to investments in science and technology.

    These are some of the big priorities elected officials and leaders presented to the business community during Long Island Association’s 2023 State of the Region on Friday. Held at the Crest Hollow Country Club in Woodbury, the event drew more than 1,100 people.

    The region is benefitting from federal, state and local dollars, officials said.

    “Long Island is going to be the capital for offshore wind, not just in New York but the whole country,” U.S. Sen. Charles Schumer told the crowd.

    The Senate majority leader said innovations such as offshore wind would fuel new companies and “new frontier jobs,” and that federal bills provided money for training  for these jobs.

    “Once we have these windmills installed, the price [for energy] isn’t going to go up and down the way we have suffered through in the last few years, and the way it has been through our history,” he said.

    He also said that the CHIPS and Science Act, signed into law by President Joe Biden in August, “is the largest down payment in a long time” in technology and innovation.

    And with the region’s high tech research centers, including Cold Spring Harbor Lab and Brookhaven National Laboratory and Stony Brook University and others, “Long Island can be a center of chip-related research and production,” with the centers in the region already “cutting edge in the world,” and poised for growth.

    He said the same levels of opportunities were present in medical science, including at Northwell Health.

    In Suffolk County, the Midway Crossing Ronkonkoma – accessible by highway, rail and air – would fuel innovation, with Northwell Health and Applied DNA already committed to building there, said Suffolk County Executive Steve Bellone said,

    Right now, there is a “unique, once in a generation” level of “cooperation and coordination that I’ve never seen in a project of this significance,” Bellone said, referring to efforts by labor, business, academia and elected officials. “They’re putting politics aside. They made the decision that Long Island’s future is more important.

    And he said, protecting the environment and water quality is a “bipartisan commitment” that has public support, he said.

    Schumer said there was money to provide “real sewage systems in places that don’t have them” and that would prevent aquifer contamination and protect surrounding bays and waters, including Long Island Sound.

    “What happens on the federal, state, and local levels of government impact us here on Long Island, and that’s why the LIA will continue to play its role as a primary advocate for our region’s economic advancement and successful business community,” said LIA President and CEO Matt Cohen.

    Nassau County Executive Bruce Blakeman, addressed the group by video. He was unable to attend the State of the Region breakfast “due to a family obligation” that was scheduled earlier last week, “but due to airline cancellations had to be postponed and couldn’t be changed,” Cohen said.

    In the video, he said would present a plan for the redevelopment of the Nassau County Hub.

    Schumer said the region has to do more about housing, allowing the private sector to more affordably build “a lot more housing.”

    Cohen said the LIA would pursue “economic development opportunities to address challenges like our high cost of living, developing more affordable housing options, expanding our commercial tax base through helping grow businesses, and retaining young professionals to keep Long Island vibrant and sustainable.”

    Cohen pointed out that the LIA has long-supported fostering “a clean energy economy. He said that “South Fork Wind is projected to power Long Island homes by the end of this year and other are in the pipeline to serve our region.”

    What’s more, New York State has allocated $350 million to “new state economic development funds being invested in our region, some of which has already been awarded to Northwell’s Feinstein Institutes, Long Island University, Farmingdale State College, and Stony Brook University with Brookhaven National Lab.”

    But, he said, that “we also need to ensure the Long Island region gets an equitable share of funding and attention from all levels of government. We have sent much more to DC and Albany every year than we get back and it’s time we change that.”

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