listen to this article2024 began with Ed Romaine taking over as Suffolk County executive, ended with Long Islanders facing New York City’s congestion pricing and the discovery of drones across Nassau and Suffolk counties. In between, there were mergers, acquisitions, new leadership, demands for better policies, and more. Let’s look back at some of the headlines here.
There have been some major changes in the accounting environment. In June, New York-based accounting firm Forbis acquired the U.S. division of Mothers, which owns New York-based Syosset, to form Forbis Mothers and create a $5 billion global network. did. The news included Mazars USA joining Forvis Mazars, LLP in the United States.
In November, CBIZ, a professional services advisor based in Cleveland, Ohio, completed its acquisition of Markham’s non-certified business, which has an office in Melville, with expected total annual revenue of approximately $2.8 billion. .
On the legal side, Uniondale-based law firm Forschelli Deegan Terrana (FDT) added attorneys and staff from real estate tax law firm Cronin Harris & Associates to its existing tax certification practice group in June. Ta. Laureen Harris, who was a senior partner at Cronin, now holds the same role at FDT. A veteran of the real estate industry and president of the Association for a Better Long Island, Harris has extensive expertise in the New York State tax certification process.
Additionally, Partners in Harris Beach, with offices throughout the state and in Washington, D.C., and Partners in Martha Kalina, with offices in New England and White Plains, have approved an operating agreement to govern the new combined company. The companies announced in July that the new company will be known as Harris Beach Martha starting January 1, 2025.
Suffolk County District Attorney Raymond Tierney said in December that a program aimed at cracking down on retail theft has reduced the number of incidents. Participating in the program are some of Suffolk’s largest retailers, including Target Corporation, Lowe’s, Home Depot, Ulta, Marshalls, Stop & Shop, Walgreens, Macy’s, CVS, TJX Companies, and Burlington. .
Sands Las Vegas has submitted a 28,000-page draft environmental impact report to Congress in preparation for the construction of a proposed multibillion-dollar casino resort, which Congress believes is complete and covers the necessary topics. It was unanimously confirmed that it is available for public review. The document is currently posted on the Nassau County Legislature’s website and is open for public review and comment until January 6th.
In November, the Long Island Association announced the East End Advocacy Agenda to address the region’s unique challenges in agriculture, aquaculture, vineyards, tourism and transportation.
Also in the banking industry, Bethpage Federal Credit Union announced it will rebrand under a new name, Four Leaf Federal Credit Union. The rebranding is expected to take effect in the first quarter of 2025.
In the field of education, Henry “Hank” Foley announced that he will step down as president of the New York Institute of Technology on June 30, 2025. Jerry Valentine, who has served as the university’s president and executive vice president since 2022, has been appointed as the next president of New York Institute of Technology, effective July 1, 2025.
In May, Maury McInnis announced that he would step down after four years as Stony Brook University’s president to become Yale University’s next president. Richard McCormick currently serves as interim president of Stony Brook.
At Farmingdale State University, Robert Pleasant began his new role as president in August. Pleasant will become the university’s 10th president, taking over from John Nader, who announced his retirement last year.
In health care, HIA-LI and Catholic Health announced in June a new collaboration to improve employee productivity at the Long Island Innovation Park in Hauppauge. Employees based at Innovation Park now utilize the services of Catholic Health Outpatient Care, located next door.
In May, Mount Sinai South Nassau Hospital opened a $2 million epilepsy monitoring unit in the hospital’s Expanded Neuroscience Program to provide specialized diagnostic and monitoring care for patients with epilepsy.
Prior to its merger with NYU Langone Health, Patchogue-based Long Island Community Hospital has performed its 1,000th robotic surgery. The merger with NYU Langone Health is scheduled for 2025.
The Feinstein Institute for Medical Research, the research arm of Manhasset-based Northwell Health, established the organization’s sixth research institute, the Translational Research Institute, in October. A $5 million gift from the Karches family endowed the Professor of Translational Research and established a laboratory to support the Institute’s mission. The new institute aims to advance the development of innovative treatments for disease, bridging research and patient care.
Stony Brook Medicine Community Medical Group continues to expand, adding at least four clinics to the health system. This includes the addition of East Setauket-based Dr. Shiva Kolpoti and his practice, Three Village Medical Care, and Smithtown-based Dr. John Labiak’s practice to the group in October.
Catholic Health has appointed Dr. Justin Lambay as president of Good Samaritan University Hospital in West Islip. Lundbye will oversee Good Samaritan’s clinical areas and operations, with a focus on improving the patient experience and strengthening Catholic Health principles.
And in December, Nassau University Medical Center, a public-service hospital based in East Meadow that treats Nassau’s at-risk population, announced new leadership. Megan Ryan currently serves as president and CEO, although Ryan has been serving in the interim role since January. Other appointments include Dr. Grace Ting as chief medical officer and Shannon Costello as chief nursing officer. Both served in these roles in an interim capacity.
In the arts and entertainment field, the new owners of the now-closed Beacon Theater, which first opened in Port Washington in 1927, will begin work this fall to restore and preserve the venue, turning it into a cultural and entertainment hub that includes an estimated $15 million Announced plans for the dollar project. dinner theater.
In September, live entertainment company Live Nation acquired The Paramount, an entertainment venue on New York Avenue in Huntington. Terms of the deal were not disclosed.
