Inside Long Island Business

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

Astoria Federal to open branch near Penn Station

Astoria Federal Savings and Loan, a unit of

(Credit: Ian J. Stark)

The Astoria Federal Savings and Loan Association said Thursday it will open a full-service branch near Penn Station on March 31 to serve commuters and city residents.

The branch at 7 Penn Plaza, on Seventh Avenue at West 31st Street, will be Astoria’s first in Manhattan.

A unit of Astoria Financial Corp., based in Lake Success, Astoria is one of the largest Long Island-based banks, with...

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Cold, snow hit January car sales on Long Island

Snow-covered trucks sit in the lot at Smithtown

(Credit: Ed Betz)

New figures show just how bad a month January was for most Long Island car dealers: Registrations of new vehicles fell by 9 percent from the same month a year earlier.

Dealers had told Newsday in February that the winter so far had been an especially tough one for them, as the brutal cold and snowstorm after snowstorm buried inventory stored outside and reduced showroom traffic to a trickle,...

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Exit strategies for business owners is topic of March 18 panel

Exit strategies for business owners who want to retire or pursue another career is the topic of a panel discussion Tuesday at Bethpage State Park.

The panel is part of a dinner organized by the New York chapter of the Association for Corporate Growth. The event starts at 6 p.m. in the park’s Carlyle on the Green restaurant.

Deciding what to do with a business when the owners want to...

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Jericho company to open food, fuel plaza at Kennedy Airport

Aerial view of International Arrivals Terminal 4 at

(Credit: Kevin P. Coughlin)

A Jericho company plans a grand opening April 3 of the JFK Airport Travel Plaza, a retail center at the airport in Jamaica.

The 18,000 square foot plaza is on 5.75 acres on the west side of the JFK Expressway at the corner of 147th Street and 150th Avenue, in the airport's cargo area. Tenants include Wendy's, 7-Eleven, Qdoba Mexican Grill, Max's Pizza and a dry cleaning drop-off and pickup...

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Inventors' legal issues are topic of March 18 meeting

Legal issues facing inventors is the subject of the March 18 meeting of the Suffolk County Inventors and Entrepreneurs Club.

Attorney Lisa Renee Pomerantz will speak about the inventing process and the law. Her legal practice revolves around dispute resolution and legal training services for creative companies. She has been practicing law in Suffolk since 2003.

The free event starts...

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NY Fed: Northeasterners less likely to move

The Federal Reserve Bank of New York's Survey

(Credit: iStock)

Fewer Northeasterners expect to move in the next year than residents of other regions of the United States, according to a new poll.

The Federal Reserve Bank of New York on Monday released its Survey of Consumer Expectations. It showed that in February only 15.8 percent of people living in New York and eight other states in the Northeast said they expected to move their primary residence in...

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Microsoft's Walt Whitman store girds for Titanfall landing

A scene in the video game, Titanfall, which

(Credit: Electronic Arts)

The Microsoft store at the Walt Whitman Shops mall in  Huntington Station is throwing a party to mark the Monday midnight launch of Titanfall, a "highly anticipated" video game.

The store is one of 13 Microsoft stores in North America to throw a party before the game goes on sale at 12:01 a.m. Tuesday, although many other video game stores are expected to host their own events.

Store...

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Pall Corp. chief accounting officer to exit company

Pall Corp. reported on May 29, 2013, a

(Credit: Barry Sloan)

Francis Moschella, Pall Corp.'s corporate controller and chief accounting officer, will leave the company effective April 1, according to a Securities and Exchange Commission filing.

Chief financial officer Akhil Johri assumed the role of chief accounting officer effective March 7, according to the brief filing that said Moschella was leaving "to pursue other interests." The company declined...

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$5M makeover for Manhasset building

A rendering of the $5 million renovations proposed

A trio of investors will put up more than $5 million to renovate their four-story office building at 600 Community Dr. in Manhasset.

The renovation plans call for a reconstructed building entrance, an upgraded lobby with new marble and granite finishes, and renovated bathrooms.

A timeline for the renovations -- from when it will begin and how long it will take -- was not given. A local...

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LI business events, March 10 to 13

Sean McCourt, 11, of Kings Park, toots his

(Credit: Steve Pfost)

MONDAY, MARCH 10, 2014

PROFESSIONAL WOMEN MEET | Woodbury

Long Island Center for Business and Professional Women meeting, topic is "Having the Most Difficult Conversation Ever With Your Parents," 6-8:30 p.m., Fox Hollow Country Club, 7725 Jericho Tpke., register, $65, 631-673-2029.

TUESDAY, MARCH 11, 2014

DINNER MEETING | Hauppauge

An interactive discussion of the business...

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