Economy

Big Ideas for Long Island’s Economic Future

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Pictured: HIA-LI Board Member Joe Campolo, Chair of HIA-LI’s Economic Development Task Force and Managing Partner of Campolo, Middleton & McCormick is also the founder of Strata Alliance, the co-host of the March 12, 2026 event.

Long Island’s economic future will not be determined by any single project or policy. It will be shaped by the ability of leaders across the region — in business, government, and community organizations — to work together to advance bold ideas that strengthen our economy and expand opportunity. That spirit of collaboration was on full display last week when HIA-LI hosted its Economic Development Task Force dinner at Mama Lombardi’s in Holbrook.

Co-hosted by Strata Alliance — founded by HIA-LI Board Member Joe Campolo, Chair of HIA-LI’s Economic Development Task Force and Managing Partner of the Ronkonkoma-based law firm Campolo, Middleton & McCormick — the event brought together about 50 regional leaders, including roughly a dozen elected officials. The evening began with networking before transitioning to a dinner and discussion focused on Long Island’s economic opportunities and the work still ahead to fully realize the region’s potential.

One topic that consistently underscores Long Island’s economic strength is the Long Island Innovation Park at Hauppauge.

The park — the second largest industrial park in the United States after Silicon Valley — is something of a hidden gem in the regional economy. It represents one of Long Island’s most important employment centers and a powerful driver of economic activity, supporting tens of thousands of jobs and billions of dollars in economic output.

But the park’s true significance lies in the collaborative effort that continues to shape its future. Government leaders, economic development organizations, businesses, and community partners have worked together to position the park for continued growth and revitalization.

Town of Smithtown Supervisor Ed Wehrheim spoke about the town’s leadership in advancing the overlay district that allows for thoughtful redevelopment within the Innovation Park. The initiative is designed to support a more modern economic environment that could eventually include mixed-use development and a live-work-play atmosphere in appropriate areas. Wehrheim also noted that there are currently no hotels in the Town of Smithtown — a gap that has implications for tourism and business activity as Long Island continues to grow. He also discussed redevelopment efforts underway in Kings Park and the importance of strategic planning to help communities evolve and thrive.

Infrastructure investment emerged as another key theme of the evening.

Robert Calarco, Assistant Secretary for Intergovernmental Affairs in the office of Governor Kathy Hochul, emphasized the governor’s strong commitment to Long Island and the team she has assembled to support the region’s economic development priorities. A major focus of that effort is investment in infrastructure, particularly sewer systems, which are often essential to unlocking new housing and economic development opportunities.

Without that infrastructure, growth can be constrained. With it, communities gain the ability to revitalize underutilized properties, attract new businesses, and support sustainable development.

The Suffolk County Industrial Development Agency also plays a key role in helping make those opportunities possible. Kelly Murphy, the agency’s Executive Director and CEO, spoke about the IDA’s ongoing work to support business growth and job creation throughout Suffolk County. Through financial assistance programs and strategic partnerships, the agency has helped facilitate hundreds of millions of dollars in private investment while supporting thousands of jobs for Long Island residents.

Regional tourism and economic opportunity were also part of the discussion.

Mitch Pally, Interim President and CEO of Discover Long Island, made a compelling case for the development of a convention center on Long Island. Despite having a population far larger than many cities across the country, the region lacks a facility capable of hosting major conventions and large-scale events.

Pally pointed out that New York State cities with smaller populations than Long Island — including Rochester, Syracuse, and Buffalo — all have convention centers capable of hosting conferences and large gatherings that generate significant economic activity. Without a similar facility, Long Island is missing opportunities to attract major events and the economic benefits that come with them.

He suggested that Ronkonkoma could be an ideal location for such a facility. The community has rapidly emerged as a transportation hub, anchored by Long Island MacArthur Airport, the Ronkonkoma Long Island Rail Road station, and major transit-oriented redevelopment. Projects such as Station Yards demonstrate how thoughtful planning and investment can transform communities.

That spirit of bold thinking is not new to Long Island.

Longtime Village of Patchogue Mayor Paul Pontieri, who was present at Thursday night’s dinner, is widely credited with leading one of Long Island’s most successful downtown revitalization efforts. When Patchogue faced empty storefronts and declining activity years ago, Pontieri and his team took bold steps to reimagine the village’s future. Through transit-oriented development, new housing, and a focus on creating a vibrant, walkable downtown near the Patchogue Long Island Rail Road station, the community was transformed into one of the region’s most dynamic destinations. Today, Patchogue is often cited as a model for other Long Island communities seeking to revitalize their downtowns and attract new investment.

At HIA-LI, fostering those partnerships has long been central to our mission. Through the Economic Development Task Force and our many initiatives across the region, we continue to bring together leaders who are committed to strengthening Long Island’s economy. The ideas discussed last week reinforce an important truth: Long Island’s future will be shaped not only by bold vision, but by continued collaboration among business, government, and community leaders. HIA-LI will remain a convener for those conversations and a catalyst for the partnerships that move our region forward.

Growth, Grit, and the Policy Path Forward

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Pictured: Rob Calarco, Governor Hochul’s Long Island Assistant Secretary for Intergovernmental Affairs, provided a State of the State summary at HIA-LI’s February 12, 2026 Economic Summit.

If this year’s HIA-LI Economic Summit made one thing clear, it is this: Long Island’s business community is not waiting for permission to grow.

Before some 250 business leaders gathered to “Survey the Pulse of Long Island,” the energy in the room was unmistakable. There was discipline. There was realism. And above all, there was readiness.

The data from our 2026 Business Climate Survey, conducted in partnership with Citrin Cooperman and Adelphi University, tells that story clearly. Fifty-eight percent of respondents plan to expand in 2026. More than two-thirds anticipate growth over the next five years. Nearly half are planning capital improvements this year alone.

Those are not defensive numbers. They are forward-looking numbers.

They reflect confidence in Long Island’s economic foundation and belief in what comes next. When challenged, this region does not retreat. It recalibrates and moves forward.

I remain deeply grateful to our survey partners. Citrin Cooperman’s analytical leadership and Adelphi University’s academic collaboration ensure that our conversations are grounded in measurable reality. We are not speculating about the pulse of Long Island. We are measuring it.

CAUTIOUS DOES NOT MEAN WEAK

While 45 percent of respondents forecast revenue growth in 2026, the tone of the morning was less about exuberance and more about intentional positioning. Under the thoughtful moderation of John Fitzgerald, Partner at Citrin Cooperman, the discussion underscored a critical distinction: prudence is not pessimism.

What I heard was strategy.

Balance sheets are strong. Liquidity remains healthy. Investment in artificial intelligence is accelerating. Companies are strengthening operations and planning for sustainable expansion. That is not hesitation. That is resilience with purpose.

PUBLIC INVESTMENT MUST UNLOCK PRIVATE MOMENTUM

Governor Kathy Hochul’s Long Island Assistant Secretary for Intergovernmental Affairs, Rob Calarco, outlined the governor’s priorities, including middle-class tax relief, child care expansion, insurance reform and significant economic development commitments.

Most notable for our region was the emphasis on sustained investment in water infrastructure, including sewer and clean water projects designed to unlock housing development.

Infrastructure policy does not always capture headlines, but it determines whether growth is possible. Without sewer capacity and clean water systems, housing approvals stall. Without housing, workforce retention suffers. Without workforce stability, business expansion slows.

Water infrastructure is not abstract policy. It is the lever that enables economic mobility and regional competitiveness.

The encouraging signal is this: public investment is aligning around affordability and growth. The responsibility now is execution.

HOUSING IS THE MULTIPLIER

If one issue connected nearly every industry represented on the panel, it was housing.

The message was consistent across sectors. Without attainable housing, attracting young professionals becomes more difficult. Retaining families becomes harder. Scaling employers becomes constrained.

James Coughlan, Executive Vice President and Partner of TRITEC Real Estate, reinforced this point clearly. Housing production is not simply a development conversation. It is a competitiveness strategy.

Our survey confirms that business leaders understand this reality. Forty percent identified housing affordability as the most important area for government investment to facilitate growth.

Housing is not a siloed policy conversation. It is an economic multiplier. When supply expands and approvals move predictably, the ripple effects touch healthcare staffing, education, small business growth and long-term investment.

WORKFORCE STRATEGY MUST BE INTENTIONAL

Housing alone will not solve our workforce challenges. Talent pipelines must be built deliberately and sustained over time.

Throughout the discussion, the need for earlier engagement between industry and education surfaced repeatedly. Rich Humann, President and CEO of H2M Architects + Engineers and HIA-LI Board Member, emphasized that waiting until college to expose students to career pathways is too late. If we want engineers, designers, project managers and skilled trades professionals to remain on Long Island, those pathways must begin in K–12 classrooms.

That philosophy aligns directly with the work of HIA-LI’s Workforce Development Task Force, co-chaired by Humann and Suffolk County Community College President Dr. Edward Bonahue. Identifying labor shortages is not enough. Structured, visible and accessible pipelines must follow.

In healthcare, the urgency is even more pronounced. Christopher Nelson, President of St. Catherine of Siena Hospital, described rising demand for services colliding with workforce shortages and reimbursement pressures. We are training talented clinicians here. Policy and affordability must make it possible for them to build their careers here as well.

Higher education is navigating its own structural shifts. Dr. Christopher Storm, Interim President of Adelphi University, pointed to demographic headwinds and federal aid changes reshaping enrollment patterns. At the same time, institutions like Adelphi remain foundational to Long Island’s economic vitality. They produce first-generation graduates, train nurses and teachers, and prepare students for a workforce increasingly shaped by artificial intelligence.

From the financial perspective, the fundamentals remain strong. Kevin Santacroce, Chief Banking Officer of ConnectOne Bank and HIA-LI Board Member, reinforced that Long Island businesses are disciplined, well-capitalized and positioned for expansion. Entrepreneurial energy is intact. What business leaders need is predictability in the policy environment.

And any workforce strategy must remain grounded in household realities. Rick Lewis, Chief Executive Officer of the Suffolk Y JCC, reminded us that rising food pantry usage and cautious donor behavior reflect ongoing financial pressure on families. Economic expansion must translate into community stability.

Workforce strategy, in other words, is the connective tissue between housing, education, healthcare and business growth.

INNOVATION WITH RESPONSIBILITY

Nearly 60 percent of survey respondents believe artificial intelligence will positively impact their operations this year, and more than half have already invested in AI tools.

The discussion reflected maturity rather than hype. Leaders are embracing efficiency gains while recognizing that cybersecurity vigilance and governance must accompany innovation. Technology can amplify productivity, but it cannot replace thoughtful leadership or sound policy frameworks.

WHAT THIS MOMENT REQUIRES

After listening carefully to every perspective in the room, my conclusion is clear.

Long Island is aligned.

Businesses are prepared to expand. Infrastructure investment is underway. Educational institutions are adapting. Financial institutions are stable. The entrepreneurial spirit remains intact.

We know the pressure points. Housing approvals must move faster. Workforce pipelines must strengthen. Regulatory frameworks must facilitate development rather than delay it. Infrastructure investment must translate into tangible progress.

Long Island has always thrived when public and private leadership move in the same direction. That alignment was palpable at this year’s Summit.

The pulse of Long Island is strong. The foundation is in place. With focused policy action and continued collaboration, we have the opportunity to convert readiness into sustained, confident growth.

Because strong policy begins with strong data, I encourage you to explore the full findings in our 2026 Business Climate Survey.

To read the full Business Climate Survey, click here.

Progress Through Partnership: Key Takeaways from HIA-LI’s Annual Meeting

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Pictured: Congressman Nick LaLota provided opening remarks at HIA-LI’s 48th Annual Meeting on January 16, 2026.

Each year, HIA-LI’s Annual Meeting and Legislative Forum offers an important opportunity to step back from the day-to-day pressures facing employers and policymakers alike and take a clear-eyed look at where Long Island is headed. This year’s event, which attracted nearly 400 attendees, reinforced something many of us already know: the challenges confronting our region are complex, interconnected, and impossible to solve in isolation, but progress is absolutely achievable when we work together.

What stood out most this year was not simply the range of issues discussed — affordability, housing, infrastructure, transportation, energy, workforce development, and solid waste — but the strong sense of alignment across levels of government and across party lines. Again and again, speakers returned to a shared conclusion: Long Island’s future depends on collaboration, pragmatism, and a willingness to row in the same direction.

A SHARED VIEW FROM WASHINGTON AND ALBANY

Congressman Nick LaLota opened the program by grounding the conversation in the real-world pressures facing Long Island families and employers. He emphasized the importance of ensuring that federal policy recognizes the high cost of living in our region and delivers tangible relief for both households and small businesses. Just as important, he underscored that economic vitality begins locally — with the business owners and employers who create jobs, support families, and keep Long Island competitive.

Although she was unable to join us in person, Governor Kathy Hochul shared a video message with our members, continuing a dialogue she has maintained with HIA-LI over the years. In her remarks, the Governor reinforced Long Island’s role as a critical driver of New York State’s economy and highlighted the state’s continued commitment to investing in infrastructure, transportation, water and sewer systems, manufacturing, and innovation. Her message emphasized that strategic public investment, aligned with private-sector growth, is essential to keeping Long Island competitive and economically strong.

From the state legislative perspective, New York State Senator Monica Martinez framed affordability not as a single policy challenge, but as a balance of education, workforce readiness, infrastructure, and attainable housing. Drawing on her background in education, she spoke about the importance of creating strong pipelines between schools, training programs, and Long Island employers, recognizing that a thriving regional economy depends on preparing people for careers that allow them to live and work here long term. She also reinforced the need for state investment to reflect the contributions Long Island makes to New York’s overall economy.

COUNTY AND LOCAL LEADERSHIP: PRACTICAL SOLUTIONS, REAL CONSEQUENCES

At the county level, Suffolk County Executive Ed Romaine offered a candid assessment of the structural challenges Long Island must confront head-on. Transportation, energy capacity, sewer infrastructure, and solid waste management are not abstract policy discussions. They are foundational to economic growth, housing production, and quality of life. His message was clear: without coordinated regional planning and sustained investment, these issues will limit Long Island’s future. With collaboration and forward-looking leadership, they can instead become opportunities.

Presiding Officer Anthony Piccirillo echoed the importance of fiscal responsibility and long-term planning, particularly as Suffolk County works to maintain public safety while addressing affordability pressures. He emphasized the value of bipartisan cooperation within county government and the need to focus on practical solutions that improve daily life for residents and businesses alike. Stability, transparency, and shared responsibility were central themes in his remarks.

From the municipal perspective, Smithtown Supervisor Ed Wehrheim highlighted how thoughtful local planning can support both economic development and housing balance. By investing in business districts, infrastructure, and a mix of housing options — including opportunities for homeownership — municipalities can strengthen communities while supporting workforce retention. His comments reinforced that local success stories are strongest when they align with broader county and state priorities.

THE COMMON THREAD: REGIONAL COLLABORATION OVER POLITICS

Across all of these perspectives, a clear common thread emerged. No single level of government can solve these challenges alone. Housing requires infrastructure. Infrastructure requires funding and coordination. Workforce development depends on education, transportation, and employer engagement. Affordability is shaped by all of it.

As HIA-LI Board Member Joe Campolo, Managing Partner at Campolo, Middleton & McCormick, LLP, guided the discussion, it became clear that the most productive moments were those centered on outcomes rather than ideology. That spirit of cooperation reflects the path forward for Long Island: collaborative, pragmatic, and focused on results.

LOOKING AHEAD: NEW LEADERS, SHARED PURPOSE

As we begin a new year, this spirit of partnership also extends to HIA-LI’s leadership. We are proud to welcome five new members to our Board of Directors, whose experience reflects the depth and diversity of Long Island’s economy:

Each brings valuable insight from higher education, technology, finance, nonprofit leadership, and strategic business development. Their perspectives will help guide HIA-LI’s advocacy and programming as we continue addressing the evolving needs of employers and communities across the region.

MOVING FORWARD: TOGETHER

HIA-LI remains focused on convening leaders, elevating business’ voice, and advancing solutions that strengthen Long Island’s economic foundation. The conversations at this year’s Annual Meeting reinforced something I believe deeply: when business, government, and community stakeholders work together with a shared commitment to problem-solving, Long Island is well positioned to move forward . . . together.

Building Long Island’s Talent Pipeline — Together

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Pictured, from left, moderator Rich Humann, President & CEO, H2M architects + engineers and HIA-LI Board Member. Panelists, Dr. Ed Bonahue, President, Suffolk County Community College and HIA-LI Board Member; Dr. Lawrence Eisenstein, VP & Chief Public and Community Health Officer, Catholic Health; Billy Haugland, II, CEO, Haugland Group; Robert Kufner, President & CEO, Designatronics Inc.

Last week, we took an extraordinary step forward for Long Island’s future.

Our first-ever HIA-LI Workforce Summit — held in partnership with the Smithtown Central School District and the Smithtown Industry Advisory Board — brought together more than 300 educators, guidance counselors, and business leaders at the Suffolk Y Jewish Community Center in Commack. It was a packed house, and more importantly, it was a packed conversation.

From the moment attendees walked through the door, there was an unmistakable sense of optimism and purpose. Teachers stood alongside business executives. College presidents spoke with construction and manufacturing leaders. Guidance counselors shared ideas with healthcare professionals. Everyone came with a shared mission: to bridge the gap between education and employment so our young people can build rewarding careers right here on Long Island.

The Start of a New Dialogue

For years, we’ve talked about the challenges of workforce development — the shortage of skilled workers, the exodus of young talent, and the perception that “success” only comes with a four-year degree. The summit showed that this conversation is changing.

What we heard — and felt — was a powerful message of alignment. Business and education both understand that the world of work has evolved, and our approach to preparing students must evolve with it. A college degree remains one valuable path, but so are two-year programs, certificate credentials, apprenticeships, and technical careers that lead to meaningful, well-paid jobs with growth potential.

Several speakers underscored how important it is to remove the stigma that sometimes surrounds the trades and vocational programs. In reality, those routes can open doors to prosperity — often with less debt and more hands-on experience.

Collaboration in Action

What made this summit so inspiring was seeing collaboration happen in real time.

  • State Senator Mario Mattera opened with a passionate call to unite business, labor, and education to build the workforce of tomorrow.
  • Rich Humann of H2M architects + engineers and Dr. Ed Bonahue of Suffolk County Community College — both HIA-LI Board Members and Co-Chairs of our Workforce Development Task Force — shared how we can better align education with industry demand.
  • Our keynote speakers, Michael Woods and Janine Lalia from the CTE Technical Assistance Center of New York, reminded us that true career readiness begins in our classrooms — where teachers and counselors help students see all the pathways to success.
  • Industry leaders like Billy Haugland II, Robert Kufner, and Dr. Lawrence Eisenstein showed that construction, manufacturing, and healthcare all have incredible stories to tell — stories that can inspire young people to build their futures right here at home.
  • And Phil Como from the Smithtown Industry Advisory Board brought it all together, emphasizing how partnerships like these directly benefit students — connecting education to opportunity.

The Momentum Ahead

The summit reinforced something I’ve long believed: when we put educators and employers in the same room, great things happen. Conversations turn into partnerships. Ideas turn into programs. And most importantly, young people begin to see new possibilities for their future.

Our HIA-LI Workforce Development Task Force will continue driving this momentum forward. We’ll keep facilitating these dialogues, supporting school-business partnerships, and expanding awareness of the incredible career opportunities that exist across Long Island’s innovation ecosystem.

The feedback from the summit has been overwhelmingly positive — from educators grateful for the insight, to business leaders eager to stay involved. But this is only the beginning.

We now have a foundation, a shared understanding, and a growing network of partners ready to take action. The challenge — and the opportunity — is to keep that conversation going.

Looking Forward

Long Island’s future depends on how well we prepare our next generation to thrive — not just in classrooms, but in careers that matter. The summit proved that we have both the passion and the partnerships to make that happen.

Together, we’re building a stronger, smarter, more connected Long Island — one that keeps our talent here, strengthens our economy, and ensures every student sees a future filled with promise.

Click here to download our workforce development report, Innovating the Talent Pipeline: Strategies for Workforce Development in the Long Island Innovation Park at Hauppauge. This 54-page report, developed by the Workforce Development Institute in collaboration with HIA-LI and the Suffolk County Industrial Development Agency, outlines the critical need for stronger industry-academia partnerships to prepare students for careers that are in-demand.

Four Standout Organizations Earn Top Honors at HIA-LI’s 2025 Business Achievement Awards

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Photo caption: BAA recipients, clockwise from upper left: Robert McBride, President and CEO, McBride Consulting & Business Development Group; Veronica, self-advocate and program participant, People’s Arc of Suffolk; David Wasserman, Chief Value Officer, Flexible IT; and Adam Holtzer, Chief Executive Officer and Co-Founder, Whoggga.

Long Island’s business community came together to celebrate innovation, leadership, and community impact at the 31st Annual HIA-LI Business Achievement Awards, held at the Crest Hollow Country Club in Woodbury. The gala luncheon—often called the Academy Awards of the Long Island business community—honored four standout organizations for their exceptional performance, workplace culture, and service to the region. The event took place on September 19, drawing hundreds of executives, entrepreneurs, and community leaders.

Recognizing Leadership and Innovation

In the Large Business category, Flexible IT, based in Hauppauge, was honored. As Long Island’s largest Managed Services Provider, Flexible IT supports companies of all sizes with technology planning, cybersecurity, and IT solutions that drive long-term success. Accepting the award on behalf of the company was David Wasserman, Chief Value Officer, who reflected on the firm’s broader purpose beyond technical support.

“Flexible IT isn’t about fixing computers — we’re an information factory,” Wasserman said. “Our real work lives in the intangibles: the insight, the innovation, and the knowledge that help our clients move forward. We’re proud to call the Long Island Innovation Park our home and to be part of Long Island’s story of progress.”

The Small Business award went to McBride Consulting & Business Development Group, based in Babylon. For nearly two decades, the firm has been advising organizations nationwide with expertise in business strategy, development, and government relations. Accepting the award, Robert McBride, President and CEO, spoke about his company’s mission and the dedication of his team.

“We don’t take on clients unless we can add real value,” McBride said. “Our team is driven to success, and we take pride in transforming challenges into solutions that strengthen our communities. This award is really about them — not me.”

The Not-for-Profit award was presented to People’s Arc of Suffolk, based in Bohemia. The organization provides vital services to individuals with intellectual and developmental disabilities, empowering them through programs, advocacy, and community partnerships. Representing the organization, Veronica, a self-advocate and program participant, spoke movingly about how People’s Arc has impacted her life.

“People’s Arc of Suffolk has made such a difference in my life,” Veronica said. “I’ve learned work skills, gained confidence, and found opportunities I never thought I’d have. The staff here truly care about seeing us succeed, and I’m proud to be part of this community.”

Finally, Whoggga, based in Hauppauge, earned the Rookie of the Year award. Founded less than five years ago, Whoggga has quickly built a reputation as an innovative platform that fosters authentic connections among entrepreneurs, helping business leaders grow both personally and professionally. Accepting the award, Adam Holtzer, Chief Executive Officer and Co-Founder, spoke about the power of community among business owners.

“Being a business owner can be lonely,” Holtzer said. “Whoggga is about changing that — building a trusted community where entrepreneurs connect personally and professionally. This award reflects the power of genuine relationships and support among Long Island’s business owners.”

Celebrating a Strong Business Community

This year’s finalists represented a cross-section of Long Island’s economy—from construction and consulting to tourism and human services. Their diversity underscores the strength of the region’s business ecosystem, as well as the role that innovation and resilience play in sustaining growth.

By honoring these organizations, HIA-LI not only recognized their achievements but also highlighted examples that others can follow to enhance performance and community impact.

Looking Ahead

As HIA-LI continues to advocate for Long Island’s economic vitality, the Business Achievement Awards remain a signature event, demonstrating how business success and community leadership are deeply interconnected. This year’s recipients set the bar high, showing that Long Island companies are more than capable of competing, thriving, and leading in today’s challenging marketplace.

Uniting for Progress: Business Groups Power Community Success

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This week, Long Island Business News published an op-ed by Long Island Builders Institute CEO Mike Florio and me titled “When Business Groups Unite, Communities Win.” You can read the full piece here.

In the column, Mike and I reflect on an important lesson from this year’s Republican primaries in Huntington and Smithtown. At stake were two major initiatives: Huntington’s Melville Town Center Overlay District and Smithtown’s Kings Park revitalization. Both projects were designed to address some of our region’s most pressing challenges—creating affordable workforce housing, bringing vitality back to local downtowns, and supporting jobs in the construction trades.

For decades, there has been a perception that business interests and community interests are at odds. Too often, the debate is framed as “profits versus people.” But the reality is that responsible development and strong communities go hand-in-hand. The Melville and Kings Park projects represent the kind of forward-looking planning that benefits working Long Islanders and strengthens our economy.

Recognizing this, Long Island’s leading business organizations—including HIA-LI, the Long Island Builders Institute, the Long Island Association, the Association for a Better Long Island, the Long Island Contractors Association, and the Commercial Industrial Brokers Society of Long Island—came together to speak with one voice. By joining forces, our coalition clarified the stakes for voters and pushed back against misinformation.

The results spoke volumes. Voters supported candidates who stood for progress, workforce housing, and job creation. Huntington Supervisor Ed Smyth called the outcome a “victory of truth over lies.” Smithtown Supervisor Ed Wehrheim expressed pride in continuing to make his town “a wonderful place to raise a family.” These outcomes reinforce a simple but powerful truth: when business organizations unite, communities benefit.

The lesson extends far beyond these two towns. Long Island still faces significant challenges—housing shortages, aging infrastructure, and the need to retain young talent while supporting middle-class families. None of these issues can be addressed in silos. But when business groups align around shared priorities, our message carries further and our communities grow stronger.

At HIA-LI, we believe collaboration is not just a strategy but a responsibility. By working together, we can advocate for policies that create opportunity, foster innovation, and ensure Long Island remains a place where the next generation can build their future.

Read the full op-ed in Long Island Business News here.

Fueling Long Island’s Future: A Blueprint for Smart, Sustainable Growth

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Photo caption: I was joined by (from left) Joe Campolo, Managing Partner, Campolo, Middleton & McCormick, LLP and HIA-LI Board Member; HIA-LI Board Chair, Standard Advisors Group CEO, and Babylon Town Councilman, Anthony Manetta; Islip Town Supervisor Angie Carpenter; Smithtown Supervisor Ed Wehrheim; Suffolk County IIDA Executive Director and CEO Kelly Murphy; and, TRITEC Real Estate Company Executive VP and Partner Jimmy Coughlan.

At HIA-LI’s recent Economic Development Symposium, we welcomed a room full of business leaders, public officials, and visionaries who share a common belief: that Long Island’s economic future can—and must—be shaped intentionally, inclusively, and strategically.

The forum underscored what we already know to be true: sustainable economic growth doesn’t happen by chance. It’s built on a foundation of smart investments, bold leadership, and the willingness to rethink the systems we’ve inherited.

Building Livable Communities Through Collaboration

One consistent theme that emerged was the critical importance of collaboration between government and the private sector. Angie Carpenter, Supervisor of the Town of Islip, made it clear that responsible economic development must go hand-in-hand with quality-of-life investments. Her town is not only reimagining downtown Central Islip through a $10 million Downtown Revitalization Initiative but also leveraging the economic power of MacArthur Airport to create jobs and attract investment. With five airlines and 18 non-stop destinations—including new service from JetBlue and Avelo—Islip is proving that modern infrastructure is essential to regional vitality.

Economic Development with a Human Face

At the Suffolk County IDA, Kelly Murphy is driving investment that is both data-informed and community-centered. Her team helped generate over $214 million in payroll last year, through projects that didn’t just create jobs—they created careers. The IDA’s focus on “Long Island First” encourages companies to hire locally and reinvest in the region, from expanding manufacturers at the Long Island Innovation Park at Hauppauge to family-owned businesses like Casanova Meats. These aren’t abstract numbers; they’re direct investments in families, futures, and neighborhoods.

That focus on workforce development is aligned with the region’s recent progress. According to data recently announced by Governor Kathy Hochul, Long Island added 91,000 non-farm jobs between 2020 and 2024—an impressive 7.1% increase. Healthcare led the way with more than 24,000 new positions, while construction rose 10%, creating over 8,000 jobs. Even more encouraging: unemployment dropped from 4.5% to 3.8%, a signal that targeted investments are paying off across the board.

Solving the Housing Crisis: A Prerequisite for Economic Growth

No conversation about Long Island’s future can avoid the issue of housing. Jimmy Coughlan, Executive Vice President at TRITEC Real Estate, laid out the stark reality: of counties in the U.S. with a population of at least 1.5 million, Suffolk County is the second largest by area and by population, but dead last nationwide in new housing starts. Nassau County, right next door, doesn’t fare much better. Both counties lag behind high-growth regions like Charlotte, Nashville, and Raleigh—places that have embraced new development to attract and retain talent.

The consequences here are clear: young professionals are being priced out, businesses can’t attract the workforce they need, and our region’s growth potential is being constrained. The housing market, like any market, is a function of supply and demand—and on Long Island, we’re simply not producing enough supply.

But Coughlan didn’t come with just problems—he brought solutions. Smart growth. Transit-oriented development. Streamlined approvals. Flexible affordability mandates that make projects financially viable. TRITEC’s work in Bay Shore and Ronkonkoma proves that when developers and local governments work together, vibrant communities follow.

A Model for Regional Growth: The Long Island Innovation Park

In the Town of Smithtown, Supervisor Ed Wehrheim has made the Long Island Innovation Park at Hauppauge a centerpiece of his economic development agenda. The park now supports over 55,000 jobs, contributes $13 billion in economic output, and houses leading companies in sectors like aerospace, biopharma, IT, and advanced manufacturing.

Wehrheim’s vision for a “live, work, play” district—with mixed-use zoning, modern infrastructure, and expanded sewer capacity—is already attracting the younger workforce Long Island needs to stay competitive. His town’s track record—AAA bond rating, zero fiscal stress, thriving downtowns—is a model for how proactive leadership fuels prosperity.

A Call to Action

At HIA-LI, we believe in the power of partnerships. What we heard at this year’s Economic Development Symposium wasn’t just a list of projects or statistics—it was a blueprint for how to move forward as a region. It starts with embracing innovation, investing in infrastructure, building housing for every generation, and supporting the businesses that power our economy.

Long Island’s future isn’t written yet. But with bold thinking and shared purpose, we’re well on our way to building it—together.

Long Island’s Economic Landscape: Insights from HIA-LI’s 31st Annual Economic Summit

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John Fitzgerald, Partner at Citrin Cooperman, reviewed the survey results and served as moderator of the panel.

Last week, over 200 business leaders gathered at HIA-LI’s 31st Annual Economic Summit to discuss the findings of our latest Economic Survey, conducted in collaboration with Citrin Cooperman and Adelphi University. This event is one of the most valuable touchpoints for our business community, providing data-driven insights that help shape strategic decisions for the year ahead.

Optimism and Challenge: Long Island’s Economic Climate

The 2025 HIA-LI Economic Survey revealed a complex economic picture—one of optimism, growth, and persistent challenges. Among the key takeaways:

  • 54 percent of business leaders believe Long Island’s economy is growing.
  • 70 percent of businesses met or exceeded their 2024 profitability goals.
  • 42 percent of businesses plan to expand their footprint on Long Island.
  • However, 71 percent of respondents cited retention of young professionals as a major concern.
  • High taxes and inflation remain top issues affecting profitability.

These findings reinforce what we see daily at HIA-LI: businesses are resilient and committed to Long Island, yet they face systemic hurdles that require strategic solutions and collaboration.

Infrastructure: A Game Changer for Economic Growth

One of the most exciting discussions of the summit centered on infrastructure investments, particularly the $150 million state investment in MacArthur Airport, announced last week by Governor Kathy Hochul. This initiative, championed by Islip Town Supervisor Angie Carpenter, will create a direct rail connection to the Long Island Rail Road, making regional travel and business operations more efficient.

Christine Flaherty, Senior Vice President of Real Estate Development and Facilities at Catholic Health, highlighted the critical role of healthcare infrastructure in supporting Long Island’s economic vitality. With Catholic Health’s continued investment in ambulatory care centers and telehealth services, the region is strengthening its healthcare ecosystem, which directly impacts business productivity and workforce retention.

Meanwhile, Rich Humann, President & CEO of H2M Architects + Engineers, emphasized how modernizing Long Island’s infrastructure through smart technology and digital transformation will be a catalyst for economic stability and business growth.

Workforce and Housing: The Retention Crisis

The top challenge facing Long Island businesses continues to be talent retention and workforce development. The survey found that 46 percent of business leaders report increasing difficulty in hiring quality candidates—nearly triple the percentage from two years ago.

The lack of affordable housing compounds this issue. John Finn, Director of Leasing and Acquisitions at Damianos Realty Group, stressed that housing affordability is at a crisis level, with local governments needing to rezone and expand housing options to keep young professionals on Long Island.

Meanwhile, Diane Manders, CEO of Habitat for Humanity of Long Island, highlighted that applications for affordable homeownership have skyrocketed by 600 percent in the past five years, signaling an urgent demand for solutions.

The Role of Finance: Navigating Inflation and Growth

Despite the positive business outlook, inflation and rising interest rates remain significant concerns. Brian Teplitz, Chief Credit Officer at Dime Bank, pointed out that while business lending remains competitive, borrowing costs are rising, and companies must adapt their financial strategies accordingly.

Yet, businesses are determined to grow. Many survey respondents indicated plans for capital improvements in 2025, with technology investments being a top priority. This reinforces the need for public-private collaboration to create policies that support business expansion while mitigating financial risks.

Bridging Business, Government, and Education

The panel discussion, moderated by John Fitzgerald, Partner at Citrin Cooperman, was dynamic and solutions-driven. It became clear that businesses, government leaders, and educational institutions must align efforts to address these challenges.

At HIA-LI, we continue to advocate for:

  • Workforce development initiatives that build talent pipelines.
  • Infrastructure expansion to enhance economic opportunities.
  • Policies that make Long Island a competitive place to live and work.

Looking Ahead: Solutions, Not Just Data

The 31st Annual Economic Summit was more than just a snapshot of Long Island’s economy—it was a call to action. We have the resources, talent, and expertise to tackle these challenges, but collaboration is key.

To every business leader, policymaker, and stakeholder who participated: thank you. Your engagement fuels the work we do. As we move forward, HIA-LI remains committed to driving solutions that ensure Long Island’s economic future is strong, sustainable, and forward-thinking.

Let’s continue the conversation. If you’re not yet involved, now is the time. Join us in shaping the future of Long Island.

To view the full Economic Survey, click here.

Infrastructure, Housing, and Sustainability: The Roadmap from HIA-LI’s Annual Meeting

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More than 400 business, government, and non-profit leaders attended HIA-LI’s 47th Annual Meeting and Legislative Program.

On January 17, 2025, HIA-LI hosted its 47th Annual Meeting and Legislative Program, bringing together over 400 business leaders, elected officials, and dignitaries to discuss pressing issues and opportunities for Long Island’s economic growth. As I stood before this incredible audience, I couldn’t help but feel a deep sense of pride in how far we’ve come as a community and how determined we are to overcome the challenges ahead.

The event underscored the vital role HIA-LI plays in advocating for our members, connecting stakeholders, and driving meaningful action for the region. With leaders like Congressman Nick LaLota, Suffolk County Executive Ed Romaine, Suffolk County Presiding Officer Kevin McCaffrey, Islip Town Supervisor Angie Carpenter, and Huntington Town Supervisor Ed Smyth contributing to the dialogue, we demonstrated that collaboration between government and business is the foundation for Long Island’s prosperity.

The discussion was expertly guided by Joe Campolo, Managing Partner at Campolo, Middleton & McCormick, LLP, an HIA-LI board member, and Chair of our Long Island Economic Development Task Force. Joe’s skillful moderation ensured that key issues were explored in depth while keeping the conversation engaging and solution-focused.

Building a Business-Friendly Environment

The theme that resonated throughout the meeting was the critical need to create a more business-friendly Long Island. Congressman LaLota addressed the ongoing efforts to increase the State and Local Tax (SALT) deduction cap, emphasizing how this federal tax relief is essential for sustaining businesses and families in one of the most highly taxed regions in the nation.

At the local level, County Executive Romaine highlighted Suffolk County’s focus on infrastructure investments, including sewer expansion—a linchpin for economic development. Supervisors Carpenter and Smyth echoed this sentiment, emphasizing the importance of keeping businesses here and enabling growth through infrastructure support. Presiding Officer McCaffrey added his perspective on the importance of workforce development programs to ensure Long Island remains competitive. The unified message was clear: Long Island must continue to fight for its fair share of federal and state funding to maintain its position as an economic engine.

Infrastructure as the Cornerstone of Progress

One of the key takeaways from the meeting was the critical importance of infrastructure development, especially in areas like sewer systems, transportation, and clean water initiatives. As the second-largest industrial park in the nation, the Long Island Innovation Park at Hauppauge (LI-IPH) is a cornerstone of our regional economy, contributing over $13 billion annually. Yet, the lack of adequate sewer systems throughout the bi-county region remains a significant barrier to attracting new businesses and housing opportunities.

The urgency of addressing this was underscored by multiple leaders. Supervisor Smyth reminded us that “sewers are everything,” illustrating the environmental and economic consequences of outdated systems. Both Romaine and Carpenter stressed the need for careful, long-term planning to ensure that infrastructure projects like sewers, roadways, and renewable energy initiatives align with Long Island’s growth trajectory. These investments are not just critical for businesses but for the overall quality of life for residents.

Housing: A Challenge and an Opportunity

Housing emerged as another pivotal issue—one directly tied to workforce retention and economic vitality. The consensus was clear: Long Island needs more affordable housing to prevent the exodus of young professionals and families. In Islip, projects like TRITECH’s Shoregate in Bay Shore and the proposed housing at Pilgrim State exemplify how transit-oriented development can revitalize communities and create sustainable growth.

However, as Supervisor Carpenter pointed out, housing projects cannot succeed without the infrastructure to support them. Presiding Officer McCaffrey highlighted the need to balance housing development with the preservation of Long Island’s unique suburban character, ensuring that growth is sustainable and community focused. The call to action for state and federal partners was loud and clear—Long Island needs the resources to build not just homes but the roads, sewers, and public transit that make those homes viable.

Sustainability: A Forward-Thinking Priority

Environmental sustainability was another key focus. With Long Island’s unique position as a sole-source aquifer region, preserving water quality and managing waste are non-negotiable priorities. As landfill closures like Brookhaven’s loom, waste management has become a critical issue requiring regional solutions. Romaine, Carpenter, and Smyth emphasized the importance of recycling innovation and leveraging state resources to address these challenges.

HIA-LI is proud to support initiatives like the Suffolk County solar program and workforce development programs that integrate sustainability into our economic goals. These efforts align with our broader mission to ensure that Long Island’s growth is both responsible and forward-looking.

The Path Ahead: Action and Advocacy

As we move into 2025, our focus at HIA-LI is clear: continue building partnerships, amplifying the voice of Long Island businesses, and driving solutions for critical issues like infrastructure, housing, and sustainability. We are not just advocating for change—we are actively working with government and private sector leaders to implement it.

This year, we’ll host programs like the Workforce Development Summit and the Women’s Leadership Conference, fostering opportunities for innovation and collaboration. We’re also committed to expanding our footprint, with a 15 percent membership increase in 2024 already strengthening our collective voice.

To every business owner, elected official, and community leader who attended the meeting: thank you for being part of the conversation. Your engagement is what makes our work possible. Together, we can make 2025 a banner year for Long Island, one that sets the standard for economic resilience and community growth.

Let’s keep the momentum going. If you’re not already involved, I encourage you to join us. Let’s advocate louder, collaborate stronger, and ensure that Long Island’s best days are ahead.

Women as Economic Catalysts: The Imperative of Leadership and Inclusion

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Fifteen years ago, during a women’s business leaders forum led by U.S. Senator Kirsten Gillibrand, we began a dialogue about the unique challenges facing women in the workforce. Senator Gillibrand challenged us to keep that conversation alive, and this led to the birth of HIA-LI’s Women’s Leadership Conference. Today, this annual event is not just a tradition but a vital forum for exploring the critical role women play in driving economic growth.

Globally, the gender gap is closing, but progress remains slow. According to the World Economic Forum, the global gender gap stands at just 68.6% closed, meaning women still face significant disparities in economic participation, education, health, and political empowerment. At the current pace, it will take 131 years to achieve full parity. According to the U.S. Bureau of Labor Statistics, the labor force participation rate for women aged 16 and over was just 57.4% in October 2024, reflecting ongoing challenges in workforce engagement. These numbers underscore why events like this year’s HIA-LI Women’s Leadership Conference are essential.

This year’s conference focused on authentic leadership and workplace equity, offering actionable strategies to empower women while addressing systemic barriers. One of the most striking statistics comes from Pew Research, which highlights that women still earn just 82% of what men earn for similar work—a gap that has only narrowed by 2% over the past two decades. For women of color, these disparities are even more pronounced. Addressing these issues isn’t just a moral imperative; it’s an economic one. Studies consistently show that companies with diverse leadership teams outperform their peers.

This year, our keynote speaker, Linda Armyn, CEO of Bethpage Federal Credit Union, shared insights from Bethpage’s “Money Like a Woman” campaign, which celebrates women’s strengths in collaborative decision-making and long-term financial planning. Her message was clear: empowering women financially uplifts entire communities. Armyn’s keynote set the tone for a day that was both inspiring and pragmatic.

The event also featured a panel of accomplished leaders who shared their journeys and insights. Panelist Gwen O’Shea, CEO of Community Development Long Island, reminded us of the critical need to address pay disparities and ensure systemic change. Tracey Edwards, Senior VP at Sands New York, discussed the importance of personal branding and ethical leadership, while Lauren Nichols, President of 3G Warehouse, highlighted how setbacks can serve as powerful learning opportunities. Christine Flaherty, Senior Vice President for Real Estate Development and Facilities at Catholic Health, emphasized listening and adapting as keys to effective leadership, while Carolyn Mazzenga, Office Managing Partner, Marcum LLP, stressed the importance of trusting your intuition and seeking mentors who can guide you through critical moments in your career.

One of the day’s most poignant moments was the fireside chat featuring Kristen Reynolds, CEO of Discover Long Island, and News 12 anchor Erin Colton. Their discussion explored mental health challenges, resilience, and the importance of seeking balance in a demanding world. Colton’s candid reflections on her own experiences with anxiety and depression resonated deeply, reminding us all of the power of vulnerability in leadership.

Our breakout sessions provided practical tools for attendees, covering topics from work-life integration to reclaiming authenticity. And in a particularly inspiring addition this year, we welcomed young women from local high schools. Carol Allen, HIA-LI Board Chair and President and CEO of People’s Alliance Federal Credit Union, offered advice to these future leaders: “Embrace the journey, stay curious, and take something valuable with you from every opportunity.” Their presence underscored the importance of fostering leadership at every stage.

As I reflect on this year’s conference, I am reminded of why this work matters. Women are not just participants in the economy; they are drivers of innovation, growth, and community. Yet challenges like pay inequity and underrepresentation in leadership persist. Through initiatives like the HIA-LI Women’s Leadership Conference, we are not just discussing these issues—we are taking steps to solve them. Together, we can create an economy that works for everyone.