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Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

Adams: Direct federal Sandy aid to businesses

Kenneth Adams, head of Empire State Development, said

Photo credit: Newsday/Karen Wiles Stabile

New York’s primary economic development agency wants to direct federal aid to help businesses hurt by superstorm Sandy, its chief executive said Thursday.

“We hope that some of the funding will be available for business recovery,” Empire State Development Corp. president and chief executive Kenneth Adams said at a business forum in Hauppauge. “That could be low-cost financing -- low cost loans...

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