Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
The Long Island economy continues to show slow signs of recovery: job creation is up, unemployment is down, and fewer homeowners are underwater on their loans. But the recovery has been uneven, and many individuals and companies on Long Island are still feeling the effects of the recession, and that of superstorm Sandy.
How do you think the Island's economy will do in the coming year? Vote...Read more »
On Long Island, it's a frequent scenario: A private company threatens to move, or says it can't expand without government help. So a county or town Industrial Development Agency grants breaks on property taxes and/or sales taxes to convince the company to stay or expand, thereby preserving or creating jobs on the Island.
Do you think the tax benefits are worth the cost? Vote and leave...Read more »
On Cyber Monday -- a workday for most of us -- millions of people go online in search of holiday deals. It's the busiest online shopping day of the year, with the National Retail Federation predicting more than 131 million people will shop online, and research firm comScore predicting sales of $2 billion for the day.
Will you be looking for deals? Will you be doing it on your computer at work?...Read more »
As Long Island's slow recovery from the Great Recession continues, retailers are hoping for a robust holiday spending season. How do things look from your perspective? Is your economic situation better or worse than it was last year at this time? And how will that affect your spending on gifts?
Do you plan to spend more than you did last year, less, or about the same amount?...Read more »
These days, there's an app for almost everything. How about bargain hunting? Do you use apps to seek out the best deals on merchandise you plan to purchase? Do you shop with smartphone in hand, checking prices at other retailers?
Let us know if you use apps to find bargains. Vote and leave a comment. (If you do use apps, let us know which ones have worked best for you.) Results and a...Read more »
Much of Long Island's residential real estate market is showing signs of recovery, with rising prices and shrinking inventory.
But median home prices in South Shore areas hit hard by Sandy have declined, showing buyers are wary.
Would you buy a home that was flooded during Sandy? What if its foundation was raised, to make it less susceptible to flooding?
Vote and leave a...Read more »
A year ago, superstorm Sandy swamped Long Island's South Shore and left many residents and businesses in the dark for more than a week.
Many businesses were back up and running quickly, but others had a tougher road back. Some faced costly physical damage and inadequate insurance and other financing to rebuild. Some faced a different hurdle: Their customer base was gone, because so many nearby...Read more »
Even though gasoline prices have ticked down in recent weeks, gas still takes a significant bite out of many consumers' budgets.
What would you do to save on fuel costs? Today's car buyers can stay with gasoline-powered vehicles, or choose to spend a little more and buy a fuel-saving model, whether hybrid gasoline-electric, plug-in electric or one of the new clean running diesel-powered cars...Read more »
Do you try to shop local for food? From East End produce to a variety of specialty food products made on Long Island, there are a lot of opportunities to know exactly where your food comes from.
Shoppers who try to buy local cite reasons ranging from the ethical to the environmental. Does buying local figure into your food shopping choices?
Vote and leave a comment. Results and...Read more »
In the last few years, some high-profile companies have departed from Long Island. They've moved for a variety of reasons, in some cases seeking lower taxes, cheaper land or consolidation of operations elsewhere.
While there may be many factors that go into the decision to leave, there can be many reasons to stay, too. What are the biggest reasons companies remain on the Island?
Vote...Read more »