Inside Long Island Business

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

Carrier Corp.'s Farmingdale office wins $2M contract

Carrier Corp., the air conditioning giant based in Connecticut, has won a $2 million contract for service on a handful of power plants operated by New York State.

The company’s Farmingdale office will perform maintenance and repair on heating, cooling and ventilation systems at the plants, which are located in Holtsville, Brentwood and in New York City.

The five-year contract was awarded...

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ThermoLift to partner with Stony Brook University

Paul Schwartz is president of a company that

(Credit: Randee Daddona)

A local startup hoping to modernize the technology of a decades-old, super efficient natural gas-powered heat pump will be partnering with Stony Brook University's Mechanical Engineering Department to speed up development of a prototype.

The startup, ThermoLift, would be able "to access strong fundamental thermodynamic skills critical for our simulation, advanced modeling and development"...

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Nassau, Suffolk brokers face off in friendly game at Citi Field

About forty commercial real estate brokers from Nassau and Suffolk counties  faced off in a friendly game of baseball at Citi Field, dubbed  Battle of the Brokers.

The first pitch was to be thrown around noon Tuesday, and while the Nassau versus Suffolk rivalry will be evident, "we expect this rivalry to be considerably friendlier than the Mets-Yankees’ Subway Series,"...

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Hiring events this week for up to 60 jobs in Suffolk

Two recruitment events in Suffolk County this week are hiring for potentially 60 jobs locally, according to the Suffolk County labor department.

Tuesday, 9 a.m. to 1 p.m. -- Visual Citi, a signage and printing company in West Babylon, will be hiring production workers, machine operators, maintenance technicians and fabrication assistants at an on-site recruitment event. Fifteen open posts...

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Huntington startup space gets name

Tyler Roye, founder of GroupGifting.com, has proposed a

(Credit: Steve Pfost, 2012)

A new business accelerator and co-working space set to open in Huntington Village this November will be named LaunchPad Huntington, in partnership with a similar operation in Mineola.

Tyler Roye, the chief executive of GroupGifting.com and one of the investors behind the space at 315 Main St.,  said he will be adopting a similar model of renting out desks to early venture companies and...

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Poll: How are you coping with higher gas prices?

Gas prices have jumped more than 20 cents

(Credit: Newsday, 2012 / John Paraskevas)

Gasoline prices have jumped up in the past few weeks.  Regular gas averaged slightly more than $4 a gallon in Nassau and Suffolk counties on Friday, up more than 20 cents a gallon from a month ago.

How are you coping? Are you trying to drive less to save money, or are you cutting back other purchases to afford the gas you need?

Please vote and leave a comment. Results and a selection...

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Suffolk IDA negotiating $40,000 marketing deal with new biz accelerator

The Suffolk County Industrial Development Agency is negotiating a $40,000 marketing deal with one of its project applicants.

The arrangement would give the IDA greater exposure to technology startups, which it seeks to aid with the new Boost program of tax breaks, said executive director Anthony Manetta.

The IDA would have workspace in a new business accelerator on Main Street in...

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Hi-Tech Pharmacal to abide by FDA warning on three cream medicines for diabetics

Hi-Tech Pharmacal of Amityville said July 24,

(Credit: Steve Pfost, 2012)

Hi-Tech Pharmacal Co. Wednesday said it would comply with a federal warning about labels on three of its medicinal creams for diabetics.

The Amityville-based manufacturer of generic and brand-name drugs said it had received a “warning letter” from the federal Food and Drug Administration on July 15. The letter “related to certain statements that appear in labeling” on the creams, the company...

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LI roofers' union seeking apprentices

Roofers at work. Local 154 of the United

(Credit: Newsday)

The roofers' union will begin accepting applications on July 30 for a minimum of five apprentices.

Applications can be obtained at the offices of Local 154 of the United Union of Roofers, Waterpoofers and Allied Workers, 370 Vanderbilt Motor Pkwy., Suite 1 rear, in Hauppauge, from 2 to 5 p.m. on Tuesdays and Thursdays through July 29, 2014.

Applicants must be 18 or older, live within...

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Poll: Time to put your house on the market?

Is it time to hang a for-sale sign

(Credit: iStock)

The long-suffering Long Island housing market seems to be improving.  Across the Island,  sales activity is up, prices are rising and the inventory of homes on the market is shrinking.

But it's a complicated time, with interest rates ticking up and lending still relatively tight. And of course, the Island's steep property taxes aren't going anywhere.

How will the changing market...

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