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  • Analyzing the “Power” of the Hauppauge Industrial Park

    By Gregory Zeller Regional rainmakers are hitting the gas in a multifaceted effort to rev up one of Long Island’s top economic engines. The Hauppauge Industrial Association of Long Island and the Suffolk County Industrial Development Agency on Friday announced a new partnership focused on Hauppauge Industrial Park, the 1,400-acre industrial cornerstone currently generating more than $870 million in annual income and property taxes. Some analysts think it can do even better – and must, to give Long Island a puncher’s chance in an era when educated college grads (and, often, the companies they start) are fleeing Nassau and Suffolk for greener socioeconomic pastures. Hence the new ...

    cmandm

    Tuesday, January 23rd, 2018

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  • Campolo Debates Elected Officials and Talks Economic Growth as 2018 Takes Shape

    As the newly minted Chairman of the HIA-LI Board of Directors, Joe Campolo moderated a distinguished panel at the Annual Meeting & Legislative Breakfast on January 19, 2018 at the Hamlet in Commack. Campolo debated the 2018 economic forecast and policy with panelists New York State Senator Tom Croci, New York State Assemblyman Mike Fitzpatrick, Deputy Suffolk County Executive Jon Kaiman, Suffolk County Legislator Tom Cilmi, Smithtown Supervisor Ed Wehrheim, and Kulka LLC President Jack Kulka at an event that drew over 250 Long Island business leaders. After opening the meeting with a focus on the need for transparency in government, ...

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    Tuesday, January 23rd, 2018

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  • Tax Cuts and Jobs Act: How Are You Going to React?

    By Alan R. Sasserath, CPA, MS Partner, Sasserath & Zoraian, LLP Whether we like it or not, the “Tax Cuts and Jobs Act” (“TCJA”) has been signed into law.  The purpose of this article is not to discuss the merits of TCJA, but rather address what New Yorkers can do to minimize the tax bite that resulted from its passing.  Just as one of the laws of Physics is “For every action, there is an equal and opposite reaction,” the laws of tax are no different.  Some states such as New York are talking about instituting a deductible payroll tax to replace ...

    cmandm

    Monday, January 22nd, 2018

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  • Everyone Needs a Will, But No One Wants to Do It

    I think this is something that I’ve known even before I started practicing as an Estate Planning attorney. Matter of fact, it probably predates my practice by decades, if not centuries. What am I talking about? I’m talking about the tendency to hesitate (if not complete avoid) writing a Will. Both in my practice and my everyday life, I hear from people who recognize and admit that they should put a Will in place, but despite their best intentions, they simply don’t do it. Why is that? What keeps us from doing what we know we should do? In my experience, ...

    cmandm

    Monday, January 22nd, 2018

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  • ADA Accessibility for Websites

    The Internet has become a necessity for the marketing and promotion of businesses, services, and merchandise. An evolving legal issue is website accessibility to those with disabilities and the applicability of Title III of the Americans with Disabilities Act (“ADA”). Accessibility of public websites and compliance with the ADA in connection with public websites may cause issues for some time to come, given the lack of governmental regulations and guidance in this area. Nevertheless, it’s important for businesses to know where the law currently stands. The purpose of the ADA is to provide equal opportunity to individuals with disabilities. Title III ...

    cmandm

    Monday, January 22nd, 2018

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  • Lessons Learned from FCPA Enforcement in 2017

    The Department of Justice’s (“DOJ”) Foreign Corrupt Practices Act (“FCPA”) enforcement efforts ended 2017 with a bang on December 22, when the United States Attorney’s Office for the Eastern District of New York and the DOJ Fraud Section announced $422 million in criminal penalties against Keppel Offshore & Marine Ltd and its U.S. subsidiary (“Keppel USA”).  The enforcement action ranks seventh all-time in the history of the FCPA based on the assessed penalties. According to the deferred prosecution agreement (“DPA”), Keppel, a Singapore-headquartered offshore rig and shipbuilding company, paid $55 million in bribes to officials at Petrobras, Brazil’s state-owned oil company, ...

    cmandm

    Monday, January 22nd, 2018

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  • A Criminal’s Guide to Karma: Your Past Will Come Back to Haunt You… Or Will It?

    The basic rule of karma is what goes around comes around. While in everyday life this principle may appeal only to the superstitious, the harsh reality is that in a court of law one mistake or bad act from your past can come back to haunt you. In New York courts, the rule regarding the admissibility of uncharged prior bad acts is derived from the landmark case People v. Molineux, 168 N.Y. 264 (1901). Put simply, the admissibility of uncharged prior bad acts is dependent upon why the evidence was proffered. Generally, courts will deem evidence of uncharged prior bad acts ...

    cmandm

    Monday, January 22nd, 2018

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  • Seeking Apartments, Recreation at Hauppauge Industrial Park

    HIA-LI says that the park’s economic impact could grow if people could also live there. By James T. Madore james.madore@newsday.com @JamesTMadore The Hauppauge Industrial Park, home to some of Long Island’s largest manufacturers, also needs apartments, sidewalks, entertainment venues, recreation options and other amenities found in villages, officials said Friday. The park could increase its already substantial impact on the local economy if it were more attractive to people who want to walk to work or live near their job, said Terri Alessi-Miceli, CEO of HIA-LI, which represents businesses in the park and its supporters. She and Suffolk County economic development leaders announced Friday the start ...

    cmandm

    Monday, January 22nd, 2018

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  • Officials Eye Rental Housing for LI Industrial Park

    by David Winzelberg Elected officials and business leaders are launching an economic study of the Hauppauge Industrial Park aimed at identifying opportunities for growth. The study, which will be undertaken by the Regional Plan Association, will focus on ways to retain and attract employees, including redeveloping existing properties to add rental housing and creating a friendlier environment for millennials at the 11-square-mile park, which officials say is the second largest industrial park in the country. The new effort, announced at a press conference in Commack Friday, comes on the heels of an economic impact study completed last month by Stony Brook University, which ...

    cmandm

    Friday, January 19th, 2018

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  • Sidor Elected to Health & Welfare Council of Long Island Board of Directors

    Melissa Sidor, Counsel at Campolo, Middleton & McCormick, LLP in the areas of estate planning and administration, commercial and residential real estate, corporate law and not-for-profit organizations, has been elected to the Board of Directors of the Health & Welfare Council of Long Island (HWCLI), effective January 1, 2018. As a member of the Board of Directors, Sidor will work to advance the mission of HWCLI, which serves the interests of poor and vulnerable people on Long Island by convening, representing, and supporting the organizations that serve them. HWCLI works to sustain innovative, coordinated, integrated, effective, and efficient services; respond to ...

    cmandm

    Thursday, January 11th, 2018

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