Moving Forward from COVID-19

Posted: March 16th, 2020

Dear clients and friends:

As COVID-19 continues to impact our communities and the world, CMM has instituted a modified remote work schedule for our team members, effective March 17. Everyone’s health and safety is paramount, and like many of you, we feel that this shift is necessary to be socially responsible and do our part as global citizens.

While we may not be physically in the office, business will – and must – continue. CMM understands how critical this time is for you and your business, and we will continue to serve you without interruption. Please continue to stay in contact with the CMM team member(s) with whom you work closely, and do not hesitate to call on us for any need.

As many businesses make the shift toward remote work, the use of webinars and technology is vital to sustain momentum. Be on the lookout for information from us about webinars for you and your team to join to stay engaged. The technology in our state-of-the-art training room is also available to you should your business not be equipped to handle remote service. Please contact Lauren at lkanter@cmmllp.com to discuss your needs.

We look forward to us all emerging from this unprecedented time stronger than ever. Thank you for your confidence and trust in us.

Sincerely,

Campolo, Middleton & McCormick, LLP

Campolo Featured in LI Herald Coverage of Family Business Awards

Posted: March 10th, 2020

By Matthew Ferremi

To celebrate family businesses on Long Island, esteemed owners gathered at the Carltun in East Meadow’s Eisenhower Park on March 4 for the inaugural Family Business Awards Gala. 

RichnerLIVE, the events division of Richner Communications and Herald Community Newspapers, hosted over 40 of Long Island’s most successful family businesses.

Managing Partner of Campolo, Middleton & McCormick, Joe Campolo, explained why an event like this matters. “The reason I decided to be a major sponsor is because I thought it was a great idea to highlight family businesses,” Campolo said. “Family businesses are so important since they are the backbone of the Long Island economy.”

The guests began the night with a networking cocktail party, that included a selfie photo booth where honorees could take group photos, along with a silent auction; a portion of ticket sales were donated to EIHAB Human Services, multicultural not-for-profit organization dedicated to serving children and adults with disabilities, intellectual behavioral health challenges, and dual diagnoses with mental health illnesses.

Nassau County Executive Laura Curran expressed her gratitude for the thriving family businesses in the county during the event. “I just want to say thank you to everybody who runs a business on Long Island,” Curran said. “On the county level, we’re working hard to create a more business-friendly environment and we need you all to keep on doing well.” 

Guests then proceeded to the dining room for dinner, keynote speech and awards ceremony. Before the awards were presented, Stuart Richner, chief executive officer and publisher of Richner Communications, described what it was like growing up in the family business founded by his parents Robert and Edith in 1964. 

“My parents saw school vacations not as a chance to get away from Long Island, but for an opportunity for me to help out at the newspaper with my brothers,” Richner said. “Leading a family business is a privilege that comes with tremendous responsibility. It is often much harder than people realize, but I absolutely love what I do.”

Bernadette Castro, the chairperson for Castro Properties, was the keynote speaker. Castro’s father, Bernard, started the furniture business, Castro Convertibles, in 1931. She acknowledged that growing up in a family business is unique. “Two words I would use to describe family business: not normal,” she said. “Business was always spoken at our home, sometimes nicely and sometimes in a not-so-nice manner depending on what the topic was. First-generation business owners like my father are consumed by their business.” 

Three major awards were presented: Legacy, to Esther Fortunoff-Greene; Green Legacy, to Stephen Hicks; and Richner Community, to Stew Leonard, Jr.

Accepting his award, Stephen Hicks, president of the Westbury-based Hicks Nurseries, explained how his family’s business, which began in 1853, has stood the test of time. 

“One word to describe lasting through four depressions, one civil war, two world wars and 31 presidential administrations is stewardship,” Hicks said. “Each generation has set out to leave the business in a better way than when they found it.” 

Legacy award recipient Esther Fortunoff-Greene, owner and president of Fortunoff Fine Jewelry, looked back on how her grandparents in Brooklyn originally started the business in 1922 before opening the Westbury store in 1964. She noted that having the freedom to make decisions in a family business is rewarding.

“What’s great about family business is that you don’t have to get permission from senior corporate powers, you can respond to changes and adapt,” Fortunoff-Greene said. “Of course family members have differing viewpoints but that’s what makes it fun.”

Richner Community Award winner Stew Leonard Jr., chief executive officer of Stew Leonard’s discussed how businesses must be able to evolve over time. “My 90-year-old father still can’t believe that 15 percent of our milk sales are from almond milk,” Leonard Jr. said jokingly. “This shows that the milk business is changing just like everything else in business. It’s important to stay in tune to what’s going on.” 

To end the evening, all the honorees were presented with crystal awards. Master of ceremonies Antoinette Biordi, of News 12 Long Island, introduced the business owners as they walked on the stage to rousing cheers.

Originally published by LI Herald

Campolo Joins County Executive Curran to Recognize Stew Leonard, Esther Fortunoff, and Other Family Business Leaders

Posted: March 5th, 2020

We’d be hard-pressed to think of a better presenter for the Long Island Family Business Awards than Joe Campolo, who has devoted his career to growing the Long Island economy and protecting the businesses that make it run, whether through legal services, M&A, insurance, or corporate training. On March 4, Joe presented honors to Esther Fortunoff-Greene of Fortunoff Jewelry, Stephen Hicks of Hicks Nurseries, Inc., and Stew Leonard, Jr. of Stew Leonard’s and delivered remarks along with Laura Curran, Nassau County Executive. Joined by our friends at Protegrity Advisors, CMM Coverage, and CMM Strategies, we also enjoyed hearing from keynote speaker Bernadette Castro of Castro Properties and connecting with the award recipients. 

CMM Leads the Way with Innovative Young Professional Series

Posted: February 27th, 2020

Everyone says they want to be successful, but the truth is, most people don’t want to put in what it takes to get there. So once again, CMM is taking the lead to help emerging leaders develop the skills they need to come out of the abyss of mediocrity and into the sea of greatness! On February 27 we kicked off Part 2 of our Young Professionals Series, where the future generations of our Forbes-recognized firm networked with their counterparts at other top area businesses in an exclusive setting. Following group networking sessions, proven business leader Joe Campolo shared a personal look at his own journey learning how to “Bleed to Succeed.” Joe talked about how the incredible work ethic of his grandmother, who just celebrated her 100th birthday, has shaped his boundless energy to persevere and relentless desire to grow. Participants left with new connections and the motivation to create their own opportunities.

“This was a really good continuation of the series,” said one participant. “I attended the first part of the series last fall, and I think the sessions are progressing in a way that helps you to improve on your skills effectively.”

“It really struck me when Joe talked about the importance of me time. Right now with my work, my kids, and other tasks, I’m not prioritizing myself at all,” said another. “It’s interesting to consider ‘me time’ an essential part of progressing in my career.”

Thank you to our friends and business partners at Sasserath & Zoraian, LLP, for sponsoring the series and recognizing the importance of training our young professionals! Check out some photos from the event below.

Campolo: HIA-LI Rolling Up Its Sleeves with “Tomorrow’s Workforce” Task Force

Posted: February 26th, 2020

HIA-LI, one of the recognized voices for Long Island Business and a powerful force in regional and economic development, has launched “Tomorrow’s Workforce,” a task force dedicated to fostering direct collaboration between Long Island institutions of higher education and the Long Island business community. Tomorrow’s Workforce will begin by partnering with Stony Brook University to create a direct pipeline between the career placement office and HIA-LI, study the issue of talent retention, and create a blueprint for how Long Island businesses and students can effectively collaborate. This model will be used as a template and rolled out to other educational institutions on Long Island.

“HIA-LI is leading the way again to grow the regional economy,” said HIA-LI President & CEO Terri Alessi-Miceli. “What good is having the second largest innovation park in the nation [the Long Island Innovation Park at Hauppauge, for which HIA-LI is steward] if the talent coming out of our universities isn’t aware of the job opportunities in this jewel? At the HIA-LI, we are moving this critical initiative forward to make sure Long Island students and businesses know about the incredible resources they have in each other.”

HIA-LI board members Dr. Ann-Marie Scheidt of Stony Brook University and Sue Gubing of Career Smarts are co-chairing the task force, which uses the tagline “Tomorrow’s Workforce Starts Today” to emphasize the importance of engaging with current students on the verge of starting careers.

“A well-connected workforce is key to Long Island’s prosperity,” said Gubing. “The innovative activities of the task force will ensure that Long Island’s future workforce will continue to flourish.”

Through the partnership with Stony Brook University, Tomorrow’s Workforce is planning high-level CEO mixers on campus to bring awareness to students of Long Island’s innovative businesses, and to introduce business leaders to the extraordinary talent already being cultivated on Long Island.

“Stony Brook’s focus on research and its immense talent pool makes the university a perfect fit to partner with Tomorrow’s Workforce and create the model for working with other colleges and universities going forward,” added Joe Campolo, HIA-LI Board Chairman.

Newsday Features HIA-LI’s Solar Initiative; “Long Island Is Where We Unite to Build a Sustainable Future,” Says Campolo

Posted: February 5th, 2020

By Mark Harrington

Fifty low-income families across Long Island will soon have access to discounted power from a solar array recently installed atop the Hauppauge headquarters of Long Island Cares food bank.

The project was one of the first to be installed under a LIPA program called “community solar,” which allows energy developers to sell power from their arrays to subscribers across the Island who can’t afford or whose homes can’t accommodate solar panels.

Long Island Cares, the food bank started by the late musician Harry Chapin, paid about $416,000 for the system, which consists of 852 solar panels on its warehouse roof. It will sell the energy to 50 low-income families screened by the agency at a discounted rate of about 16 cents a kilowatt-hour, said Scott Maskin, chief executive at SUNation Solar Systems, which installed the system. That’s around 25 percent less than a typical Long Island Power Authority rate. Most LIPA ratepayers pay  about 21 cents a kilowatt-hour.

Long Island Cares’ system is expected to pay for itself in around seven years, after which the food bank can use revenue generated from the system to fund other programs, Maskin said Friday at an event celebrating the system’s completion. The New York State Energy Research and Development Authority provided a rebate of $37,674 for the system, he said.

Already, the agency has qualified 14 subscribers for the cheaper energy, with the processing work for the rest expected soon, said Paule Pachter, chief executive of Long Island Cares.

“If the roof at [Long Island Cares] can help people to become more self-sufficient, then we have done our job well,” said Pachter.

Four other community solar projects are under construction throughout the Long Island Innovation Park at Hauppauge, Maskin said, but the potential exists for a much larger buildout of solar in the area. There are 1,300 companies and a potential 20 million square feet of flat rooftop space available for solar.

LIPA’s community solar program in recent months has come under fire from solar installers such as Maskin because LIPA on Jan. 1 converted to a new state-subscribed scheme for compensating solar developers for their power in a way that sharply discounts the previous standard. State Assemb. Steve Englebright (D-Setauket) has set a public hearing for Feb. 18 at Suffolk County’s William H. Rogers building in Smithtown at 11 a.m. to examine whether current community solar compensation schemes are adequate. 

But Tom Falcone, chief executive of LIPA, who attended the Long Island Cares event, indicated that the authority may be moving to make community solar somewhat more generous than it now is under the complex, state-mandated pricing scheme called Value of Distributed Energy Resources. He promised an announcement in about a week, including further news about a separate program of LIPA’s called Solar Communities.

“I really do think this is a landmark project,” Falcone said of the Long Island Cares installation, which will provide discounts of up to 25 percent for the energy. “It’s a good model, and we will further expand these programs,” enough to provide discounted solar power for 3,000 low-income homes over the next two years, he said.

Long Island now has around 50,000 homes and business with solar panels, but Falcone noted many cannot afford the average $30,000 price tag of systems. Senate Majority Leader John Flanagan (R-Northport) said, “To be able to say the public-private sector can help families struggling” to pay their electric bill? “That’s awesome.”

Originally published by Newsday.

CMM Hosts HIA-LI Gold Membership Kickoff Event

Posted: February 4th, 2020

On January 30, CMM hosted the HIA-LI Gold Membership kickoff event at Jewel in Melville. HIA-LI Board Chairman Joe Campolo joined forces with HIA-LI President & CEO Terri Alessi-Miceli to introduce HIA-LI Gold to an exclusive group of CEOs. This isn’t just another networking group – Gold membership offers a comfortable environment for decision-makers to get to know one another, identify strategic initiatives for HIA-LI to advocate for, hear from exclusive guest speakers, and interact directly with elected officials and other influencers on policy issues. Thanks to Joe Campolo’s vision, Gold membership offers CEOs a powerful opportunity to get involved in critical initiatives that will make all the difference for their businesses and for Long Island.

Involvement in HIA-LI has been a central part of CMM’s story over the years. Receiving HIA-LI’s Business Achievement Award nearly a decade ago helped pave the way for us to grow, lead, and be named a Forbes Top Corporate Law Firm this year. For new businesses looking to grow, established businesses searching for ways to expand, and members of the business community interested in making important new connections, membership with HIA-LI is an effective way to advance your goals.

Check out the photos from the event below, and contact us for more information on how to get involved.

CMM Prevails in Appeal of Construction Litigation Matter in Second Circuit

Posted: February 3rd, 2020

CMM’s Appellate Practice team, led by Patrick McCormick, has prevailed in a thorny appeal in the Second Circuit Court of Appeals, which sits in New York City at the Thurgood Marshall Courthouse in lower Manhattan. The appeal stemmed from a construction case pending in the U.S. District Court for the Eastern District of New York involving a breach of contract dispute regarding a wastewater treatment facility in Wyoming.

CMM represented the third-party defendant in the underlying action and had successfully moved to dismiss the third-party complaint filed against our client. The basis of the motion was that the subcontractor was attempting to implead the wrong party (the property owner) rather than proceed against the general contractor pursuant to the mandatory arbitration provision in the subcontract at issue.

Plaintiff appealed the dismissal of the third-party complaint. After reading CMM’s strong Brief and arguments, the Second Circuit issued a Summary Order and Judgment affirming the Order of the District Court.

CMM’s appellate team has handled hundreds of appeals and oral arguments on the state and federal levels and has become a go-to appellate practice team for clients and trial lawyers alike. Learn more here.

Campolo: “Long Island Innovation Park at Hauppauge Has Achieved a Renewable Energy Milestone”

Posted: January 31st, 2020

HAUPPAUGE, NY – JANUARY 31, 2020:  As part of an ambitious solar power initiative unfolding at Long Island’s largest industrial park, Long Island Cares – one of the region’s premiere charitable institutions – has completed the installation of solar panels on the 35,000 square-foot roof of its headquarters at the Long Island Innovation Park at Hauppauge (LI-IPH).

One-hundred percent of the renewable energy generated on Long Island Cares’ roof at 10 Davids Drive – amounting to 350,000 kilowatt hours annually – is now ready to be sent offsite to service the electrical needs of approximately 50 households experiencing hardship and food insecurity.

Community solar provides renewable energy – particularly solar power – accessible to more people.  With community solar, multiple customers can save money on their electric bills thanks to energy credits generated by one, large solar array located elsewhere. The array is managed by a host that enrolls customers and acts as a liaison with PSEG Long Island. PSEG Long Island is responsible for distributing the credits from the host’s account in accordance with the sponsor’s instructions.

The project represents the first major milestone for the HIA-LI Solar Task Force launched by HIA-LI, one of the region’s most-prominent business associations. The task force is led by Co-Chairs Scott Maskin, CEO of SUNation Solar Systems, one of Long Island’s largest installers of solar panels and equipment, and Jack Kulka, President of Kulka, LLC, a major development and construction firm.

“This solar project represents a direct extension of the humanitarian work of Long Island Cares,” said Paule Pachter, CEO of Long Island Cares. “A large part of Long Island Cares’ focus is on providing emergency food relief to hungry and food-insecure Long Islanders through the Harry Chapin Regional Food Bank. But we also engage in direct service programs that address the humanitarian human needs of veterans, seniors, immigrants, and others struggling with economic and social challenges.

“By taking the entire energy output of our solar installation and sending it offsite to provide discounted power to homes occupied by our lower-income neighbors, these households will have new-found income to address some of their immediate needs.”

“Second in size only to California’s Silicon Valley, the Long Island Innovation Park at Hauppauge is truly the heartbeat of Long Island’s economy,” said Scott Maskin. “As such, it has a unique opportunity to bring forward both technology and value in a substantial way. From an energy perspective, the park can act as a responsible, shining example for all of Long Island.

“Through the successful embrace of this program,” Maskin added, “our park can distinguish itself as Long Island’s single largest energy producer, delivering revenue to its building owners while helping achieve New York State’s renewable energy goals. It’s a win-win all around.”

“Energy costs are an important factor in determining economic competitiveness here on Long Island or in any region,” said Mr. Kulka. “Fortunately, we now live in an era where we are finding bolder and more aggressive ways to curtail these costs, and our task force is actively pursuing new savings through solar power.

“By using the ‘community solar’ approach, Long Island Cares is also showing us that we can cut energy spending and be more sustainable, while at the same time act in an inclusive way. It’s now not only possible to reap savings, but we can also share savings with others in real need. Solar power can be a community builder.”

“The Long Island Innovation Park at Hauppauge is not only one of Long Island’s most-powerful economic resources, but it’s also a source of new ideas and inventive programming that advance both business growth and sustainability,” said Town of Smithtown Supervisor Ed Wehrheim. “I expect many businesses and communities on Long Island to emulate Long Island Cares’ example here.”

“PSEG Long Island supports renewable power to help make communities more energy efficient and less dependent on fossil fuels,” said Michael Voltz, Director of Energy Efficiency and Renewables at PSEG Long Island. “We look forward to assisting additional communities across our service territory implementing clean energy actions to save money for their residents.”

“Through the installation of this new community solar project, Long Island Cares reminds us all of the special connection between community and climate,” said Tom Falcone, CEO of the Long Island Power Authority. “Long Island Cares’ solar project provides clean energy to the less fortunate among us – a goal LIPA strongly supports. Congratulations also goes to the HIA-LI Solar Task Force. I look forward to our continued work together to ensure access to clean energy for all Long Island residents.”

“As we move forward with smart investments in clean energy, I applaud Long Island Cares’ forward-looking community solar initiative,” said Suffolk County Executive Steve Bellone. “In order to help other non-profits and commercial businesses follow in Long Island Cares’ footsteps, Suffolk County has adopted Open C-PACE, a program which offers below-market financing for solar and energy efficient investments. We will continue to work with all of our partners to build a cleaner, greener, Long Island.”

“Long Island Cares deserves the praise of all Long Islanders for undertaking a solar initiative that promotes sustainability while also benefiting the community at-large,” said State Senator John J. Flanagan. “I applaud the HIA-LI Solar Task Force for their leadership role in advancing a creative program that will reap valuable benefits for many decades to come.”

The HIA-LI Solar Task Force offers the opportunity to install solar power on buildings in the PSEG Long Island territory, with a special focus on roof space situated within the LI-IPH.  The park consists of more than 20 million square feet of unutilized roof space with a solar capacity exceeding 80 megawatts. For context, a megawatt of solar energy can fit on an average 100,000-square-foot building. Each megawatt is able to serve about 125 Long Island homes.

Capitalizing upon previously unattainable economies of scale, the initiative allows building owners to take advantage of the economic benefits of solar energy either through community solar programs or through traditionally net-metered systems for properties requiring on-site power. The park is able to reduce electricity consumption, generate revenue, and play a role in achieving New York State’s aggressive sustainable energy initiatives.  Formed in 2018, the solar initiative expects to be instrumental in helping the business park achieve 100-percent-reliance on renewable energy by 2040.     

Renewable energy can provide businesses acting as the community solar host with lower-cost energy supplied by the panels, or they can contract all or a portion of the excess energy to “off-takers”.  A host is the project sponsor and is responsible for owning or operating the generation facility, coordinating the project’s interconnection and operation with the utility, and supervising and fostering cooperation among the project’s subscribers.  PSEG Long Island energy efficiency programs help businesses implement energy saving measures to reduce electricity usage and energy management options.

“The HIA-LI solar program is exciting and ambitious, and, better yet, there’s no reason why it has to be such a unique enterprise here on Long Island,” said Terri Alessi-Miceli, President and CEO of HIA-LI. “There are dozens of building clusters and multi-structure, institutional land parcels of all kinds across Nassau and Suffolk counties that could follow our example. Long Island would reap big benefits if other grouped properties used the LI-IPH solar model as a template for action.”

“While it makes a lot of sense to focus on the cost savings associated with solar power, it’s also important to highlight the contribution that renewable energy makes to sustainability,” said Joe Campolo, Managing Partner of Campolo, Middleton & McCormick, LLP and Chairman of HIA-LI Board of Directors.

“Across America, emerging generations of executives are ever more deeply tuned in to the message of environmental stewardship. The HIA-LI solar initiative sends the right message to tomorrow’s business leaders across America: Long Island is a place where we unite to build a sustainable future.”

Making this project even more distinct is the unique collaboration of leading local energy companies including Edgewise Energy, Entersolar, Harvest Power, Empower Solar, Top Cat Consulting, H2M Engineering, and Greenstreet Power Partners. Combined, these entities have designed and deployed hundreds of megawatts of solar power.