Workforce

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.

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.

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.

Bridging the Gap: How HIA-LI’s ‘Setup For Success’ Shadowing Program is Building Tomorrow’s Workforce

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In today’s fast-paced world, the connection between education and industry is more critical than ever. Employers across Long Island — and indeed, across the country — are facing a growing challenge: finding skilled workers to fill the positions that drive our economy forward. Yet, despite the abundance of job opportunities, many of these positions remain unfilled due to a shortage of qualified candidates. This is a challenge that HIA-LI, in partnership with the Smithtown School District’s Industry Advisory Board (IAB), is taking head-on with the launch of our new “Setup for Success” Shadowing Program.

A Direct Response to Workforce Needs

The “Setup for Success” Shadowing Program is a strategic move to address the pressing workforce development issues identified in HIA-LI’s 2023 report, Innovating the Talent Pipeline: Strategies for Workforce Development in the Long Island Innovation Park at Hauppauge. This 54-page report, developed in collaboration with the Suffolk County Industrial Development Agency and the Workforce Development Institute, outlined the critical need for stronger industry-academia partnerships to prepare students for careers that are in-demand. Click here to view the report. The gap between education and industry has been growing, and employers are feeling the pinch as they struggle to fill skilled positions.

As highlighted in our report, there’s a significant disconnect between the skills being taught in our schools and the needs of today’s job market. Too few students are pursuing career paths that align with the high-demand sectors on Long Island, leaving companies in desperate need of qualified professionals. Our “Setup for Success” Shadowing Program is a direct response to this issue, aiming to bridge that gap by giving students real-world exposure to the careers they might one day pursue.

Inspiring the Next Generation

The program invites HIA-LI member and non-member companies alike to open their doors to Smithtown High School students for a day of shadowing. This experience allows students to observe, engage, and immerse themselves in various career areas, helping them gain a clearer understanding of the professional world. It’s an invaluable opportunity for these young individuals to set and achieve their career goals with confidence and foresight.

The program is more than just an opportunity for students — it’s a chance for companies to invest in the future of our region. By participating, employers can inspire the next generation of professionals and contribute to the growth and development of the Long Island workforce.

Building Stronger Industry-Academia Partnerships

At the heart of this initiative is the recognition that early career exposure is crucial for students. By collaborating with industry leaders, we can ensure that education and training efforts at all levels are aligned with the needs of today’s job market.

For companies, the benefits of participating are many. Not only do they get to showcase their work environments and the diverse career opportunities available, but they also play a pivotal role in shaping the career paths of young professionals. It’s a win-win situation for both the students and the organizations involved.

Get Involved: Shaping the Future Workforce

The ‘Setup for Success’ Shadowing Program is a flexible and impactful opportunity for companies to make a meaningful difference. The shadowing experience typically lasts between three to five hours, providing students with a snapshot of a typical workday without disrupting their regular school schedule. Companies interested in participating can express their interest by filling out a simple form here.

We at HIA-LI are excited to see the effect this program will have on Long Island’s future workforce. By working together, we can ensure that our students are not only prepared for the careers of tomorrow but are also inspired and equipped to thrive in them. Let’s bridge the gap between education and industry and set our future workforce up for success.

Lastly, I want to thank the co-chairs of HIA-LI’s Workforce Development Task Force — Rich Humann, President and CEO of H2M Architects and Engineers, and Dr. Edward Bonahue, President of Suffolk County Community College — for their invaluable guidance and support for this initiative, as well as Phil Como, Executive Director of the Smithtown IAB.

For more information about the “Setup for Success” Shadowing Program, contact Halle Grossman at HIA-LI at 631-543-5355 or hgrossman@hia-li.org.

A New Era of Health and Productivity at the Long Island Innovation Park at Hauppauge

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At Catholic Health Ambulatory Care at Commack are, from left: Declan Doyle, President, Catholic Health’s St. Catherine of Siena Hospital, Terri Alessi-Miceli, President and CEO, HIA-LI; Anthony Forgione, Business Development Director, HIA-LI; and, Randy Howard, COO, Catholic Health’s St. Catherine of Siena Hospital. St. Francis Heart Center is also at this location.

At HIA-LI, we are always looking for ways to further enhance the Long Island Innovation Park at Hauppauge (LI-IPH) and make it a thriving hub for business and innovation. I am excited to share with you our latest collaboration with Catholic Health, a partnership that promises to significantly boost workforce productivity and well-being within the largest innovation park in the northeast.

Enhancing Workforce Health and Productivity

Our collaboration with Catholic Health aligns perfectly with the recommendations from the Hauppauge Industrial Park Opportunity Analysis. The study highlighted the need for amenities that create a more dynamic live-work environment and promotes business growth. By introducing features that improve health and quality of life, we are paving the way for a more vibrant and productive workforce.

Comprehensive Health Services at Your Doorstep

What makes this collaboration possible is Catholic Health’s Ambulatory Care Center at Commack, conveniently located adjacent to the LI-IPH. This state-of-the-art facility will offer LI-IPH employees access to highly skilled physicians from multiple clinical specialties, all in one easily accessible location. Whether it’s primary care, accredited rehabilitation, or specialized services such as orthopedics and radiology, HIA-LI employees will have top-notch healthcare right at their doorstep.

Our employees will also benefit from a range of services provided by St. Francis Heart Center-affiliated physicians, comprehensive imaging services at St. Catherine Diagnostic Imaging, and much more. This proximity to high-quality healthcare is a tremendous asset for companies considering a move into the Park, as it underscores our commitment to the health and well-being of our workforce.

A healthy workforce is not just beneficial for individual well-being but is also a cornerstone of economic growth. As Carol A. Allen, Chairperson of the HIA-LI Board, aptly noted, “A healthy workforce is a productive workforce, and a productive workforce fortifies the Long Island economy.” Through our partnership with Catholic Health, we are taking significant strides to ensure that the businesses and non-profits within the Innovation Park can enhance their competitiveness through improved productivity.

A Visionary Partnership for the Future

I want to extend my heartfelt thanks to Dr. Patrick O’Shaughnessy, CEO of Catholic Health, and Declan Doyle, President of St. Catherine of Siena Hospital, for their visionary leadership in developing this partnership with us. Their dedication to providing compassionate and patient-centered care aligns seamlessly with our mission at HIA-LI.

During our recent Open House at the Ambulatory Center in Commack, HIA-LI members had the opportunity to tour the facility and meet the medical staff. The feedback was overwhelmingly positive, with attendees impressed by the state-of-the-art amenities and the quality of care available. This event highlighted the potential of our collaboration to significantly impact the health and productivity of our workforce.

Looking Ahead

This partnership is just the beginning. We anticipate that our collaboration with Catholic Health will lead to more effective workplace health programs and policies among Park employers. The availability of on-site wellness visits, telehealth services, and potential additional programming such as joint health campaigns and employee onboarding services will further enhance the quality of life for our employees.

Joe Campolo, Chair of HIA-LI’s Long Island Innovation Park at Hauppauge Task Force, expressed it well when he said, “This dynamic partnership has the real potential to reduce health risks and improve the quality of life for thousands of Long Island workers.” As we move forward, we are committed to exploring new opportunities and initiatives that will benefit our members and the broader community.

In conclusion, our collaboration with Catholic Health is a testament to our commitment to fostering a thriving, healthy, and productive environment at the Long Island Innovation Park at Hauppauge. We look forward to the positive impact this partnership will have on Park employees, our members, and the Long Island economy as a whole.

The Pulse of Progress: Exploring the Transformative Impact of the LI-IPH on Long Island’s Economy

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As the President and CEO of HIA-LI, I am proud that HIA-LI continues to serve as the steward and advocate for the Long Island Innovation Park at Hauppauge (LI-IPH).

One important recommendation that came out of the LI-IPH’s April 2019 Sustainability Study was that we should take a serious look at integrating workforce housing into the Park. It’s a concept in keeping with the “live-work-play” model that has worked so successfully in other Long Island communities such as Patchogue, Ronkonkoma, Farmingdale, and Bay Shore.

To that end, we teamed up with the Long Island Builders Institute (LIBI) and convened a March 28 meeting of residential developers to discuss opportunities in the Park. Joining me at the roundtable discussion was Michael Florio, LIBI’s CEO; Joe Campolo, Managing Partner at Campolo, Middleton & McCormick, LLP, an HIA-LI Board Member, and Chair of our Economic Development Task Force; Peter Hans, the Town of Smithtown Planning Director; and Cara Longworth, Vice President and Long Island Regional Director of Empire State Development.

Cara Longworth discussed the Long Island Investment Fund (LIIF), which focuses on large-scale, transformative projects that will have lasting impacts on the bi-county region. Eligibility for the fund was expanded last year to include infrastructure for transformative multi-family housing development projects to support regional industry growth.

She added that municipalities that achieve the State’s “Pro-Housing Communities” designation – because of their hard work to address the housing crisis – will receive priority in their applications for funding streams like LIIF.

Peter Hans spoke about zoning issues, specifically the town’s overlay district – approved in 2019 – which now permits residential development on certain parcels in the LI-IPH depending on size and location. Right now, Peter said there are 13 parcels eligible for mixed use/residential development.

The dialogue continued on April 16 when we welcomed a distinguished panel to discuss the immense opportunities at the LI-IPH. This event – titled “Why Do Business in the Largest Innovation Park in the Northeast” – was held at the Suffolk Y Jewish Community Center in Commack. It underscored our collective commitment to fostering economic growth and innovation at the LI-IPH.

The numbers are worth repeating: LI-IPH houses 1,350 companies who employ 55,000 workers and generate $13 billion in economic output. In short, one in 20 jobs on Long Island are dependent on the fiscal vitality of the LI-IPH. That’s impressive.

The morning began with inspiring opening remarks from Suffolk County Executive Ed Romaine; Town of Islip Supervisor Angie Carpenter; and Smithtown Councilman Tom Lohmann, the town board’s liaison to the LI-IPH. Their insights set the stage for a robust dialogue on the strategic advantages of doing business in the Park.

Moderated by Joe Campolo, the subsequent panel discussion featured key stakeholders including Kelly Murphy, Executive Director and CEO of the Suffolk County Industrial Development Agency (IDA); Mike Narula, CEO of Orbic, a firm new to LI-IPH that will be bringing a thousand new jobs from India; alongside Angie Carpenter and Tom Lohmann. Each panelist provided a unique perspective on the evolution and future of the LI-IPH.

Our panelists shared exciting developments within LI-IPH, including the sale of a $21 million vacant data center to Links Logistics, the transformation of a $5.3 million deal into a new headquarters for E+M Logistics, and a $44 million investment by Venture One Acquisition to create new industrial space. These investments not only demonstrate the economic vitality of LI-IPH but also highlight our adaptability and forward-thinking approach to growing our infrastructure and meeting the business needs of park tenants as well as the Long Island region.

Joe Campolo’s presentation focused on the transformation of LI-IPH from a traditional industrial park to a thriving innovation hub. He outlined the concept of an “Edge City,” which integrates business, entertainment, and living spaces, allowing for a dynamic community where individuals can live, work, and thrive without long commutes. This concept has turned LI-IPH into a model for modern economic development.

The Suffolk County IDA has been instrumental in supporting this transformation. Kelly Murphy noted that over the past six years, the IDA has facilitated significant investments that have led to job creation and retention, enhancing the economic fabric of Suffolk County.

Over the past three years alone, the Suffolk IDA has provided support to 21 projects in the LI-IPH, with a total private capital investment of more than $527 million, a total of nearly 5,000 jobs created or retained, with an annual payroll in excess of $350 million.

The Suffolk IDA’s efforts underscore the powerful impact of strategic governmental partnerships in regional economic development.

Council Lohmann spoke about a recent HIA-LI/Town of Smithtown partnership that saw the installation of over 400 sponsored flags throughout the LI-IPH, a visual representation of our pride and collective identity as a major economic engine. This branding effort – combined with new entryway signage thanks to the town – helps solidify the park’s presence in the community and beyond, reinforcing our role as a key player in Long Island’s economic landscape.

Conclusion: A Bright Future Ahead

As we look to the future, LI-IPH continues to be a beacon of innovation and economic prowess. Our ongoing initiatives, such as the development of workforce housing and infrastructure improvements, are poised to enhance our competitiveness and attractiveness to businesses and professionals alike. The discussions held during these two events are a testament to the collaborative spirit that drives our success.

We are grateful to all attendees, panelists, and partners who contributed to this enriching discussion. Together, we are setting the stage for continued prosperity and improvement at the Long Island Innovation Park at Hauppauge.

For more information about the Long Island Innovation Park at Hauppauge, go to www.li-iph.org. For information about HIA-LI and our initiatives, please visit www.hia-li.org. Let’s continue to innovate and grow together, building a thriving economic future for Long Island.

Navigating the Future: Insights from the 30th Annual Long Island Economic Summit

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Pictured: A view from the dais at the February 15, 2024 30th Annual HIA-LI Long Island Economic Summit.

The 30th Annual Long Island Economic Summit, held on February 15, 2024, began with a clear message: Long Island “is a good place to do business.”

This year’s summit, drawing on the findings of the 2024 Long Island Economic Survey conducted by Adelphi University and Citrin Cooperman, brought to light the resilience and adaptability of our local business community. Business leaders across both counties – who were surveyed between November 1, 2023, and January 15, 2024 – made it quite evident that despite some hurdles, there’s a strong sense of optimism about doing business here. The event served not only as a platform for analysis and discussion but also as a beacon of positive expectations for the region’s economic landscape.

I’d like to summarize the findings and share some of the analysis from the summit’s distinguished panelists.

Survey Highlights

  • Taxes, retention of young talent, and inflation are a major concern for most businesses.
  • Long Island businesses seem hesitant to explore the benefits of AI compared to the rest of the country.
  • Supply chain issues, though not as extreme as years past, continue to linger.
  • Compensation, human resource issues, and workforce development remain a high concern.
  • Confidence in government’s role continues to deteriorate, however Long Island continues to be perceived as a good place to do business.

The Role of AI

Panel moderator John Fitzgerald, Managing Partner at Citrin Cooperman, noted the mixed feelings surrounding AI, pointing out that “Long Island businesses seem hesitant to fully explore the benefits of AI compared to the rest of the country.” This underscores a crucial area for potential growth and innovation.

To help meet that need, HIA-LI will be partnering with the LIA in an April 3 Long Island Artificial Intelligence Conference. The goal of the conference is to bring businesses, entrepreneurs, academia, not-for-profit organizations, and government officials together to discuss how our region can play a leading role in the development and implementation of AI technologies.

For more information, go to www.LI-AI.eventbrite.com.

Government Support

Dr. Lawrence Eisenstein, VP and Chief Public and Community Health Officer at Catholic Health, stressed the importance of government support, especially when it comes to healthcare reimbursements. “We need more help in terms of increased Medicaid and Medicare revenue,” he said. “Nobody would go into one of your businesses and say I want services, but I’m only going to pay you 60 percent.”

Food Insecurity

Paule Pachter, President and CEO of Long Island Cares, and an HIA-LI board member, emphasized the critical challenge of food insecurity on Long Island, stating, “A family of four who’s earning $60,000 or $70,000 a year are finding themselves going to food pantries or going to food banks to ask for some assistance. They don’t need everything. But they need some things in order to stretch their budget.”

Economic Outlook

Jeffrey Barber, Executive Vice President of Dime Community Bank, provided an insightful perspective on the economic outlook, highlighting the financial landscape’s strengths and potential growth areas. He noted, “There’s a tremendous amount of liquidity in the market. Many companies sat on those funds during COVID and didn’t know where things were headed.” He added some good news, “They’re now at a point where they’re comfortable spending and creating jobs.”

Talent Retention

Rich Humann, President and CEO of H2M architects + engineers, and an HIA-LI board member, discussed the ongoing challenge of retaining young professionals, underscoring the importance of creating connections, opportunities, and a compelling work environment to encourage talent to stay on Long Island. “Our responsibility as business owners is to provide the kind of environment and opportunity that would keep people with companies like ours.”

Higher Education

MaryAnne Hyland, Dean of the School of Business at Adelphi University, added to the discussion on talent retention by emphasizing the need for higher education institutions to adapt and innovate in preparing the workforce. “We need to make sure that we are providing students with programs that provide cutting-edge knowledge and skills that focus on the demands of the workforce of today and tomorrow,” she stated, highlighting the critical role of education in workforce development.

Moving Forward: A Collaborative Vision for Growth

The 2024 Economic Survey, coupled with the insights from the Economic Summit, paints a picture of a region at the threshold of significant growth, buoyed by optimism, yet mindful of the hurdles that lie ahead. The collective wisdom of the panelists, alongside the statistical data, underscores the need for collaborative efforts in innovation, government support, and talent retention strategies.

As we look to the future, the path for Long Island is clear: leveraging the insights and optimism shared at the summit to foster an environment where businesses and communities can thrive. With a commitment to addressing the highlighted challenges head-on, Long Island is poised to navigate its economic journey with resilience and vision.

You can read the full 2024 Long Island Economic Survey here.