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Old 05-10-2018, 06:25 AM
 
4,803 posts, read 2,701,948 times
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Quote:
Originally Posted by peconic117 View Post
There’s more to the story though, the 800 is through the company not just LI, they said they want to close small offices and they want to them hire 600 new employees with different skill sets. Who knows what effect there will be on Islandia if any.
Lease on Islandia is up in 2021, but they’ve been subletting more and more over the years. There are approximately 1000 people left there, and with rent being $1M a month as well as high personnel costs at some point they could move to a cheaper facility with a much smaller footprint.

The “600 new” will likely come through another acquisition as well as some cheaper replacements.
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Old 05-10-2018, 08:06 AM
 
Location: Confines of the 101 Precinct
19,136 posts, read 33,057,895 times
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Originally Posted by ClarkStreetKid View Post
I’m stunned. I’m going to guess that the next initiative will be high speed rail to move the people from further out on the Island to where the jobs are in NYC and beyond.
High speed rail? NIMBYs will block that quicker than Dikembe Mutombo

"It will get too crowded here"
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Old 05-10-2018, 08:53 AM
 
51 posts, read 18,026 times
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Quote:
Originally Posted by markjames68 View Post
Expensive and Start Up NY has been a dismal failure.

I also just saw that CA is laying off 800. Rumor is they will be out of the Islandia campus by end of the year and also move HQ to Connecticut to better accommodate the execs who live in Greenwich.


Maybe the casino Jakes 58 can expand into the old CA spot.
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Old 05-10-2018, 10:01 AM
 
472 posts, read 253,952 times
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I see no warn notifications for CA...
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Old 05-10-2018, 10:44 AM
 
980 posts, read 509,630 times
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Quote:
Originally Posted by ClarkStreetKid View Post
Wow! I remember when they moved there and thought it would be the corner stone of Long Island’s tech sector. I interviewed there when I was think8ng about moving back as there was nothing going on in Richmond regarding tech. Now we’re up to our ears in startups (and breweries, old factories and ware houses turned into cool apartments, restaurants and other things startups look for)

What went wrong with Start Up New York? I know the area is epensive but thought they’d have factored that in.
THIS (bolded above)! Is what went and continues to go wrong. NIMBYs! No smart development, no intelligent zoning...fear of "another Queens." So we stay house rich and cash poor, loaded with debt, offering massive tax breaks and PILOT's instead of enticing industry, youth or businesses. If you're not growing, you're dying. Economics. Another reason school taxes get tougher. Businesses leave or get breaks, homeowners pick up the tab.
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Old 05-10-2018, 10:48 AM
 
980 posts, read 509,630 times
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Originally Posted by SeventhFloor View Post
High speed rail? NIMBYs will block that quicker than Dikembe Mutombo

"It will get too crowded here"
lmfao

"Nimby Mutombo"

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Old 05-10-2018, 11:45 AM
 
Location: In the heights
20,450 posts, read 22,009,078 times
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Quote:
Originally Posted by monstermagnet View Post
THIS (bolded above)! Is what went and continues to go wrong. NIMBYs! No smart development, no intelligent zoning...fear of "another Queens." So we stay house rich and cash poor, loaded with debt, offering massive tax breaks and PILOT's instead of enticing industry, youth or businesses. If you're not growing, you're dying. Economics. Another reason school taxes get tougher. Businesses leave or get breaks, homeowners pick up the tab.
It’s odd that not a single municipality tried to take advantage of all the other municipalites’s inaction to become the regional business center. There are certainly enough skilled people living on Long Island and a lot of LIRR train stations, especially in Nassau County, where the combined frequencies of different lines would yield quite a bit of service. Has no municipality even tried?
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Old 05-10-2018, 11:56 AM
 
Location: Kings Park & Jamesport
3,145 posts, read 8,556,626 times
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Quote:
Originally Posted by under a mountain View Post
Maybe the casino Jakes 58 can expand into the old CA spot.
I am amazed how many cars are at Jakes every time I pass it......even at 11:00 on a Tuesday morning!!!
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Old 05-10-2018, 12:04 PM
 
980 posts, read 509,630 times
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Quote:
Originally Posted by OyCrumbler View Post
It’s odd that not a single municipality tried to take advantage of all the other municipalites’s inaction to become the regional business center. There are certainly enough skilled people living on Long Island and a lot of LIRR train stations, especially in Nassau County, where the combined frequencies of different lines would yield quite a bit of service. Has no municipality even tried?
They've tried in different ways all over. Too many layers of govt hacks, bureaucracy and corruption. Look at the HUB. Could not even keep the Islanders. Could not let billions in private development money go to work. End up with an undersized/mis-sized, lipstick on a pig renovated arena with no anchor tenant, same empty parking lots, no revitalization (which Hofstra AND ACC were begging for and supported) with a $400m bill the taxpayers get to eat. Millions wasted and millions more in opportunity costs. LI is completely dysfunctional. Including the LIRR. The corporate world knows it and won't invest here, and in the few instances they are willing to, it's at gunpoint for massive tax abatements and IDA PILOTs. Everything falls on the backs of the homeowner and nothing substantial or exciting gets developed. It's a vicious cycle. What's worse is we used to subsidize $50k+/yr jobs with IDAs. Now it's $13/hr jobs and those aren't even being delivered as promised. It would be considered shortsighted in some places, but on LI it's intentional NIMBY fueled shooting ourselves in the feet.
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Old 05-10-2018, 12:44 PM
 
53,041 posts, read 76,210,538 times
Reputation: 11715
Quote:
Originally Posted by ClarkStreetKid View Post
How is the Island doing with startups?
Long Island

https://www.longislandpress.com/2017...s-long-island/

25K Startups - Long Island Startup Incubator

Last edited by ckhthankgod; 05-10-2018 at 12:52 PM..
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