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10. A small, but sparkling, reincarnation During its
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10. A small, but sparkling, reincarnation
During its decades as a go-to spot for Long Island shoppers, Fortunoff was known for its jewelry. One of its final campaigns was with supermodel Petra Nemcova. But doors closed in 2009. In December, the jewelry department was reopened online for the holiday season, and there are plans for a brick-and-mortar store in 2011. (Undated)(Credit: Handout)

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Bling to bankruptcy -- 2010's top 10 LI business stories

From the bling of Fortunoff jewelry to desperate economic times, Long Island passed 2010 as a study in contrasts. The grief of 2009 -- job loss, unemployment, foreclosure and was offset by some remarkable news -- a record price for commercial real estate, a reprieve for a doomed GM dealership and of course the news that a smaller Fortunoff's store will bring back the shopping magnet to the Island.