What we’ll see in ‘23

Matt Cohen, President and CEO, Lengthy Island Affiliation

The yr 2022 began with small companies as soon as once more dealing with a masks mandate and different COVID constraints. As we enter 2023, we’re in a significantly better place with the vast majority of pandemic restrictions behind us and plenty of thrilling, transformational tasks on the horizon that provide our area hope for the long run; together with the current completion of the LIRR Third Observe and imminent opening of Grand Central Madison, job-creating offshore wind tasks coming to fruition, and thousands and thousands of {dollars} in state financial growth funds being invested in our area. We have to collaborate and capitalize on these alternatives to deal with challenges like our excessive value of residing and retaining younger professionals to assist our future development. In 2022, the Lengthy Island Affiliation launched a brand new Small Enterprise Help Program, launched a redesigned web site, enhanced our digital communications for our members, and highlighted the financial crucial of fostering a extra various, equitable, and inclusive enterprise neighborhood and company tradition to spur development and maintain our area vibrant. The LIA will proceed to implement a contemporary, sustainable imaginative and prescient for Lengthy Island as we head into the brand new yr, and partnerships with key stakeholders resembling our enterprise members, elected officers, chambers of commerce, and different enterprise organizations are crucial to attaining our area’s shared targets. Though inflation, excessive rates of interest, and different headwinds are triggering extra financial uncertainty, regional unemployment stays low, optimism is rising, and we on the LIA are assured that Lengthy Island is transferring in the fitting course and our economic system will soar in 2023.

 

Sarah Lansdale, Commissioner, Suffolk County Financial Improvement and Planning Chairperson, Suffolk County Industrial Improvement Company

Suffolk County’s innovation economic system will proceed to develop in 2023 as our purpose to maintain our county a desired location for residents and companies alike stays. In 2022, we noticed native corporations broaden and new ones enter the area and we look ahead to offering accountable monetary help to these companies poised for growth and job creation. Our mission of attracting and retaining companies continues so Suffolk County can maintain experiencing personal capital funding and creation of employment alternatives.

Business actual property in Suffolk County remains to be at a premium. The Suffolk County Industrial Improvement Company will stay steadfast in working with new and present companies to make investments that may proceed to show underutilized properties and industrial corridors into job creating, tax-generating hubs. Equally, as investments create new job alternatives, we should guarantee a various mixture of high quality and reasonably priced housing choices can be found. What good are jobs if staff don’t have someplace to reside? We look ahead to seeing our area proceed to assist neighborhood revitalization, multifamily housing and transit-oriented developments.

In case you’re doing enterprise on Lengthy Island and aren’t accustomed to the Suffolk IDA and the way we will help, we encourage you to make your New 12 months’s decision by contacting us.

 

Dave Lyons, Interim President & COO, PSEG Lengthy Island

In 2022, PSEG Lengthy Island integrated quite a few enhancements and upgrades to the electrical grid, our methods and our storm processes, together with our contingency procedures.

In 2023, we are going to proceed serving to clients on Lengthy Island and within the Rockaways get better from the pandemic whereas strengthening our native industrial districts and additional enhancing on each side of the service we offer.

We are going to proceed to work with our financial growth companions to encourage companies to succeed and develop. For small enterprise communities, we are going to proceed the financial growth packages which have helped flip particular person companies into downtown locations, and we are going to proceed to offer grants to native chambers of commerce to make out of doors eating and purchasing snug, and encourage extra residents to buy native.

PSEG Lengthy Island has a purpose to assist industrial clients scale back their total vitality consumption (electrical energy, gasoline oil, propane and pure fuel). We provide rebates for top effectivity LED lighting, HVAC methods, thermal envelope enhancements and different environment friendly applied sciences. We additionally provide incentives for infrastructure associated to public charging for electrical autos.

After practically 9 years of operation, PSEG Lengthy Island understands an incredible deal in regards to the challenges that companies face. No matter what 2023 might deliver, PSEG Lengthy Island will apply that have as we proudly proceed our work to enhance buyer expertise, our communities and our economic system.

 

Kyle Strober, Government Director, Affiliation for a Higher Lengthy Island

Affordability will stay on the forefront of points dealing with Lengthy Islanders in 2023, particularly now with inflation and excessive rates of interest including to the woes already created by our area’s excessive taxes and daunting value of residing. On the heart of this financial gordian knot is the dearth of various housing choices, significantly multifamily developments. With Governor Hochul’s pledge to create as many as one million new properties that concentrate on affordability, Lengthy Island’s financial growth neighborhood stands prepared to help. The query stays: what incentives will Albany put into place to deal with this disaster as a result of, as historical past dictates, with out them these much-needed tasks will stay economically unfeasible. The state must associate with municipalities and communities to establish areas the place multifamily and transit-oriented growth might be constructed after which look to expedite development. Among the many choices embrace state laws supported by a bipartisan coalition of public officers, environmentalists, and labor that gives native municipalities the choice to create self-certification packages to quick observe development. In any other case, 2023 will look very like 2022, 2021, and so forth., and that’s untenable for our area’s future.

 

Carolyn Mazzenga, Workplace Managing Accomplice, Marcum LLP

Will there be a recession in 2023? Some would say we’re already there. Paychecks will not be going practically so far as they did only a few brief months in the past, because of inflation. This has a serious affect on Lengthy Island enterprise house owners, who wrestle to seek out expertise and have the ability to pay wages which are appropriate for this market. If wages don’t sustain with the price of residing, you run the danger of dropping good expertise. There are occasions that the return on elevating salaries could possibly be higher than not elevating salaries. In these instances, enterprise house owners should search for other ways to avoid wasting on bills. House owners and their monetary advisors needs to be each line merchandise to see the place bills might be decreased. Is distant work working for you and your employees? Do you continue to want as a lot house? Is it doable to have some departments go fully distant whereas protecting others within the workplace? This has a compound impact as your fastened prices for utilities, workplace furnishings, property insurance coverage, and extra will all come down.

 

Michael Dowling, President and CEO, Northwell Well being

The expertise with COVID-19 over the previous three years and the present worldwide instability has modified the circumstance all of us reside in – the truth is, it has modified every of us personally. Equally, all companies and organizations are totally different now – together with healthcare. It requires us all to adapt and assume anew; reevaluate and disrupt themselves. This isn’t essentially a nasty factor. It may be a essential readjustment and a constructive growth.

As a substitute of negativity, it’s time for affordable optimism. Alternatives lie forward. Will probably be a take a look at of management. Healthcare in 2023 will proceed to evolve. Some examples:

The transition of inpatient to outpatient will proceed. Northwell has been the chief on this house with over 860 ambulatory areas. Inpatient hospital-based care is now solely 47% of our complete enterprise.

The acceleration of the usage of telemedicine will proceed to offer enhanced client entry and comfort. COVID was a serious catalyst right here.

There can be a better deal with fairness and entry in these communities disproportionately affected by COVID. Extra healthcare organizations can be going upstream to take care of the social determinants of well being.

Competitors will proceed to extend, with new entrants, resembling tech corporations, personal fairness, pharmacy chains and insurance coverage corporations.

One of many nice classes of COVID was the need capacity to be inventive and progressive – facilitated by authorities relaxations of many rules – most pointless even in good instances. Authorities must adapt and assist launch the creativity that’s inherent in healthcare.

General, it’s a time for optimism. Healthcare will proceed to enhance. We’re, in my opinion, not overwhelmed with challenges. 2023 can be a take a look at of management: Methods to encourage, encourage, take dangers and innovate. We’re as much as the duty.

 

Michael D. Sapraicone, President & CEO, Squad Safety

In 2023, we are going to witness elevated world development within the bodily safety trade, a lot of it as a result of addition of venues considered higher-risk targets for acts of violence. Historically, companies have sought to guard themselves from terrorism, sabotage, vandalism, and varied types of cyber threats. Within the US, the elevated frequency of gun violence and mass shootings will gasoline concern amongst a bunch of locations such smaller live performance arenas, golf equipment, and bars, which have by no means needed to pay a lot consideration to enhanced bodily safety.

A doable recession and lax prison justice insurance policies additional complicate issues and will end in extra shoplifting and worker theft. I additionally anticipate to see extra spending on legislation enforcement as many cities start to appreciate they should reassess policing after making finances cuts and never hiring extra officers.

In line with one report, by 2026 world spending on bodily safety is anticipated to achieve $140 billion.

 

Jan Burman and Steven Krieger, Principals, B2K

Lengthy Island is, and can all the time be, a defining a part of our company presence. It’s the place we now have change into one of many largest and most revered multifamily rental and assisted-living residential manufacturers within the bi-county area. However 2023 will see a brand new firm rising from Engel Burman. Beneath the title B2K we can deliver considerably expanded sources to rising actual property alternatives in different components of the nation with our preliminary tasks to be present in Virginia and Florida. That call displays a mess of things with a major driver being the power for B2K to establish new markets that welcome growth and thereby create new company alternatives for expanded development.  To be clear, our skilled reputations had been created right here and there stay important alternatives on Lengthy Island for B2K however within the new yr we’re in search of much more flexibility in figuring out and constructing in areas of the nation the place our residential proposals are very a lot in demand.

 

Ray Ann Havasy, Founder and Director, The Middle for Science

Well being and science associated fields are at a crossroads, particularly following the current challenges we now have gone via this previous yr. With local weather change, the COVID-19 pandemic, restricted entry to scrub water and different crises dealing with our planet, the STEM subject is ever rising.

It’s clear that we should encourage younger folks to know and embrace science and be taught in regards to the world round us. Going ahead in 2023, we have to educate households and their youngsters in regards to the significance of science and the way it has a each day affect on our lives. As a STEM skilled and educator, it’s crucial to show our youthful audiences about science in partaking and interactive methods. A method the Middle for Science does that is via our dinosaur and reside animals exhibit, which focuses on the variation of those species to the surroundings via time.

It will be significant that we be taught to include new concepts to have a greater understanding of the world round us. This begins with not solely our kids, however adults as nicely. It’s as much as them to encourage and encourage our youth to have interaction in STEM-related actions as a way to protect the world we reside in.

 

Bishop Barrington Goldson, CEO, Academy Constitution Faculty group

The yr 2023 will see The Academy Constitution Faculty handle a shock $7 million donation from one of many nation’s most revered philanthropists, the prize-winning novelist MacKenzie Scott. We stay excited, honored, and humbled to be acknowledged for such an award which can enable us to broaden our dedication to offer high quality schooling to underserved Lengthy Island communities. This donation can be an acknowledgment of the big constructive energy of excellence within the classroom as achieved by constitution colleges. The statistics assist inform the story. Greater than three-quarters of our enrolled households are economically deprived however outcomes of state testing in math (for instance), reveal above common achievement amongst our college students who attended lessons on the Hempstead and Uniondale campuses. Equally vital is the standard of educators completely dedicated to their college students’ success. I think these are among the many elements that led to Ms. Scott’s resolution to award this grant. We gained’t fail her expectations.

 

Ed Blumenfeld, President, Blumenfeld Improvement Group

There must be recognition by Lengthy Island townships that with out an efficient assessment course of for proposed growth important personal sector funding {dollars} will proceed emigrate to different areas of the nation. BDG will definitely maintain its investments on Lengthy Island however, even earlier than COVID altered the true property panorama, we made a aware resolution to pursue important growth tasks now underway in California, Texas, and Florida. We aren’t alone. Whereas it has been quietly taking place for a number of years, the momentum for Lengthy Island based mostly builders to take a position elsewhere is prone to choose up in 2023. That’s not to say there aren’t Lengthy Island townships which have environment friendly and collaborative protocols in place that thoughtfully think about growth proposals. It’s to these municipalities the place personal sector investments will possible be made in 2023, and, by doing so, will generate property tax revenues that offset the burden on the residential home-owner. BDG will proceed to put money into its Lengthy Island properties, however it would additionally broaden its position as a nationwide developer.

 

Sarah Veitch, Government Director, Lengthy Island, JPMorgan Chase

Simply when Lengthy Island enterprise leaders thought pandemic-related challenges had been within the rearview mirror, 2022 has introduced a number of new and intensified headwinds. Listed here are three key issues for native enterprise leaders to maintain high of thoughts as we enter 2023.

Preserve your home so as: One of many strongest defenses native enterprise leaders can deploy in opposition to a unstable financial surroundings is guaranteeing their companies’ monetary fundamentals are stable, with a stability sheet that may climate any downturns.

Stay nimble: Will probably be vital for enterprise leaders to proceed making use of a versatile mindset round their enterprise fashions and bills in creating near-term motion plans for the financial surroundings. This may increasingly require contemplating and prioritizing modifications to product combine, costs or enterprise technique if gross sales gradual.

Suppose long run: For companies with ample monetary sources and conviction round finishing up their longer-term methods, a softer economic system can present a gap to construct or broaden. That would imply sticking with long-term plans to develop companies via product innovation and different techniques, and even benefiting from unsure financial instances to pursue distinctive strategic merger and acquisition alternatives that wouldn’t in any other case be obtainable.

 

Kevin O’Connor, CEO, Dime Group Financial institution

Publish pandemic, inflation has reached a 40-year excessive, prompting the Federal Reserve to tighten financial coverage at an accelerated tempo. In 2023, we can be watching rates of interest very carefully – whereas larger charges are typically constructive for monetary establishments, additionally they drive recessionary fears and probably larger mortgage losses as credit score high quality declines. The altering surroundings might have the biggest affect on fintechs. Increased charges and recessionary fears have prompted buyers to demand actual returns, shifting administration focus to attaining near-term profitability. Startups throughout the sector are actually intent on chopping prices, which has usually resulted in decreased advert spending and headcount.

 

David Sterling, CEO, SterlingRisk

It seems the provision chain issues are slowly easing, simply in time for the economic system to maneuver into recession. It’s laborious to forecast precisely when or how dangerous, however a reckoning is coming. My feeling is that it will likely be extreme, however not so long as predicted.

On the insurance coverage entrance, the reinsurance disaster has worsened, that means that these dangers in windstorm, flood or earthquake weak zones will discover it tougher to acquire insurance coverage and pay much more for it. We see this pattern persevering with for many of 2023.

It’s doable that with a recession, insurance coverage charges will stabilize as companies purchase much less insurance coverage, impacting the demand and provide relationship.

A constructive pattern that may proceed within the coming yr is the digital transformation of the insurance coverage trade. Throughout nearly all traces of enterprise, digital applied sciences and analytics are enabling U.S. insurance coverage organizations to enhance enterprise efficiency, improve threat options, and higher serve clients. At SterlingRisk, 2023 will see an ongoing dedication to knowledge and analytics to fulfill buyer wants and strengthen relationships.

 

Richard Kessel, Chairman, Sheldon Shrenkel, CEO and Government Director, Nassau County Industrial Improvement Company

2023 is poised to be one other nice yr for Nassau County’s economic system. On the Nassau County Industrial Improvement Company (NCIDA), we are going to proceed our mission of attracting to our area, creating job alternatives for residents, and rising the county’s tax base. As we purpose to function this company extra as a enterprise moderately than a authorities entity, we look ahead to talking with firm company heads and builders about why Nassau County is the fitting place for his or her enterprise.

Supporting the expansion of our companies and job alternatives is vital, however equally as vital is guaranteeing these staff have high quality locations to reside. In 2023, we are going to proceed to work with builders and communities to fill the numerous void in housings choices for our workforce, aged and future generations.

We encourage these unfamiliar with the monetary help that’s obtainable via the NCIDA, in addition to the Native Financial Help Company, to attach with us this yr. Whether or not your small business wants help in website choice, growth, logistics, nonprofit bond refinancing or extra, we’re at your service to offer the sources and steering your small business wants. Allow us to present you the pro-business strides the Nassau County Industrial Improvement Company continues to take.

 

Tawaun Whitty, Director of Operations, Imaginative and prescient Lengthy Island

2023 can be a tipping level for Lengthy Island.  Now that we now have moved previous the restraints of COVID rules, we are able to transfer ahead from emergency restore to sustainability of our economic system. With elections over, a much-needed reintroduction of Lengthy Island to our state officers and departments will help make clear the distinctive wants of Lengthy Island communities. Distinguishing the variations between ourselves and our northern counterparts or New York Metropolis neighbors will assist make clear the precise wants and forms of funding that can be broadly acquired and very important to restoration.

The Manhattan migration gives a lift to the Lengthy Island economic system for a lot of of our small companies and upcoming packages and funding will enable them to get better from the previous few years and proceed with expansions like out of doors eating. The problem can be to stay conscious of rising prices for each their companies and clients.

This can be a comparable problem with our housing market. The demand for leases and reasonably priced housing is larger than ever earlier than. With an increasing number of hearings exhibiting assist for good growth, we’re headed in the fitting course.

COVID raised consciousness of some ongoing points that are actually getting the eye they deserve. Walkability and pedestrian security, meals insecurities, and different human wants are seeing extra headway that may proceed via 2023.

Like the teachings we realized from Sandy, we have to want to recollect what we realized from the pandemic to construct again higher.

 

Robert Creighton, Managing Accomplice, Farrell Fritz

Whereas world financial circumstances proceed to be difficult, our Lengthy Island enterprise purchasers stay optimistic about 2023. Provide chain points have eased in lots of industries and strategic enterprise transactions are persevering with. The rate of interest surroundings might gradual financings within the first months of 2023 – significantly refinancing exercise – however we anticipate to see this market get better within the second half of 2023. Household owned and carefully held companies will proceed to weigh their choices on this “post-COVID” surroundings. We anticipate that there’ll proceed to be alternatives for house owners trying to pursue liquidity occasions, though the price of funds for consumers might have an effect on multiples in these transactions. The actual property market will possible be impacted by rising rates of interest, however we anticipate to see builders proceed to maneuver forward with transformative tasks on Lengthy Island and we anticipate to see massive retail areas repurposed over the approaching years. Lastly, we expect that there’ll proceed to be consolidation in any variety of industries together with healthcare and the nonprofit neighborhood. For nonprofits, particularly, the challenges of fundraising, navigating the regulatory surroundings and varied governmental reimbursement regimes make it possible that bigger, extra financially sound organizations can be higher positioned to advance the mission and conduct the packages of smaller organizations. On stability, whereas the final a number of years have actually introduced challenges to all companies, the resiliency of the native enterprise neighborhood is outstanding, making us optimistic about 2023 and past.

 

James Lentini, President, Molloy College

Molloy College will leverage our energy in creating the healthcare workforce with expanded programming to fulfill rising calls for. We are going to proceed to graduate expert nurses and different professionals that embrace allied well being technicians, medical assistants and specialists in speech pathology, scientific psychological well being, healthcare MBAs, and others which are a lot wanted by employers.  Along with our major campus in Rockville Centre, our new Suffolk Middle has strengthened our footprint within the area. There’s a lot deal with the worth of a school diploma, usually measured by post-graduation employment.  Molloy excels on this space, and college students starting from undergraduates to grownup learners will profit from new tutorial programming that may present much more profession alternatives. Our targets lengthen past profession preparation, and we are going to proceed to deal with educating the entire individual, offering them with each the skillset and the values wanted for the long run residents of Lengthy Island and our area.

 

Neela Mukherjee Lockel, President & CEO, EAC Community

The EAC Community is a nonprofit human companies company that responds to the human wants of near 60,000 people and households with nicely over 100 critically wanted packages and direct assist companies all through Lengthy Island and New York Metropolis

The EAC Community helps our purchasers throughout the 5 following pillars of service: youngsters and youth, behavioral well being and prison Justice, senior and diet, household and neighborhood and vocational companies.

In 2023, we anticipate seeing elevated want and a focus to points which have deeply affected our communities, resembling substance abuse, psychological well being and public security. We’ve got seen these points dominate our newsfeeds, and conversations. Right here at EAC, we now have been working laborious to deal with these and different points via our community of companies designed to be a security internet for a lot of of our neighbors.

In 2023 we are going to strengthen our partnerships with key neighborhood leaders, the court docket system, and all our companions whereas creating new and progressive relationships to assist us fulfill our mission.

 

James Bonner, President, New York & Atlantic Railway

Headwinds in provide chain points in 2022 hindered New York & Atlantic Railways’ capacity to be nimbler. Nonetheless, it additionally allowed us to contribute to the area’s freight transportation wants whereas growing carloads. Whereas recession fears might affect our development supplies enterprise, we anticipate continued will increase in carloadings in 2023 in industrial meals, recycling, and different industries.

Hiring can be a major focus for NYA as we search native expertise for prepare service positions, mechanics, and upkeep staff. As well as, nearly as good company residents, we are going to proceed to have interaction in the neighborhood by way of worker volunteering and supporting worthy nonprofit organizations.

Rail freight will proceed to play a job within the area’s financial and environmental well-being via its capacity to reduce truck visitors on our roads and scale back emissions. As well as, transferring items on and off the Island will stay crucial in rising the native economic system via rail’s financial advantages. New York & Atlantic Railway is poised to accommodate new alternatives for regional development by offering reliable and economical rail freight companies.

 

Jimmy Winters, Principal, Winters Brothers Waste Methods

When my father and uncle based Winters Bros. Waste Methods over 70 years in the past, they did so to deal with a dire want on Lengthy Island: the right disposal of stable waste. Since then, our household firm has grown to adapt to the ever-changing world of stable waste administration. In 2023, Lengthy Island faces the unavoidable actuality that the Brookhaven Landfill is about to shut the next yr. Quickly, thousands and thousands of tons of waste at the moment dealt with on the landfill could have nowhere else to go.

Winters Bros. has been working to seek out options for this impending disaster. One answer is an funding in transferring waste off Lengthy Island through freight rail. Not solely are railcars extra gasoline environment friendly and carry extra waste than vans, additionally they reduce the burden on our overtaxed roadways and bridges. Extra importantly, transferring freight by rail leads to cleaner air and fewer greenhouse fuel emissions.

Whereas discovering methods to supply much less trash and recycle extra supplies are prudent undertakings that we should always assist, we nonetheless want cost-effective and environmentally pleasant waste administration methods to deal with the quantity of trash produced every day by Lengthy Islanders. Rail is a sensible and accountable answer to Lengthy Island’s waste disaster.

 

Kevin Chandler, Vice President and Normal Supervisor, Veolia Lengthy Island

Environmental safety is just not a “one-and-done” equation.  Whereas below a public-private partnership we now have strategically improved the operations of Nassau County’s wastewater remedy services, rising know-how has the means to considerably enhance upon the advances which were made in water high quality and each day operation.  For instance, Veolia is now utilizing a type of sonar to “ping” sections of Nassau County’s 3,000 miles of sewers as a part of its program to take care of this important infrastructure. Our operation now makes use of superior know-how to scale back nitrogen going into Reynolds Channel on Nassau County’s south shore by 40%, making it much more hospitable for fish and different aquatic life. As local weather change continues to problem the nation and the globe, our company mission of ecological transformation isn’t aspirational however a compelling directive that may solely change into that rather more pressing in 2023.

 

Randi Shubin Dresner, President and CEO, Island Harvest Meals Financial institution

Lengthy Island has among the many wealthiest ZIP codes in America. But, lots of our neighbors disproportionally wrestle financially as a result of post-pandemic financial calamity, the rise in inflation, and the area’s excessive value of residing. And whereas the USDA lately reported a lower in meals insecurity, it was primarily due to the work of the meals banks throughout the U.S. throughout the pandemic and authorities funding that supported emergency aid. It doesn’t imply that starvation goes away anytime quickly.

Island Harvest Meals Financial institution is working laborious to maintain up with the present demand for meals, supporting a whole lot of hundreds of individuals throughout Lengthy Island. Sadly, as we witnessed with the monetary disaster in 2008 and once more in 2012 with Superstorm Sandy, restoration usually takes longer for probably the most weak amongst us. In consequence, we anticipate the elevated demand for supplemental meals assist on Lengthy Island to proceed for no less than the subsequent two years because the economic system plods alongside an unsure path.

Waiting for 2023, we’re optimistic that non-public donations and funding from federal, state and native governments will equal our must proceed our work in the neighborhood as a result of meals shouldn’t be an unimaginable alternative.

 

Paule Pachter, CEO, Lengthy Island Cares

As we enter 2023, I’m unsure how the nonprofit sector will fare if the economic system doesn’t considerably enhance. Whereas we all know crucial points resembling meals insecurity, psychological well being, childcare, veterans’ companies, homelessness, LGBTQ rights and the necessity for reasonably priced housing will nonetheless be on the forefront of wants within the Lengthy Island area, I’m involved the required fiscal assist may not be there.

The nonprofit sector should advocate with one robust voice for the wants of the folks we serve, and I’m hopeful our elected leaders will be part of us in guaranteeing Lengthy Island receives its fair proportion of presidency assist. Then again, I’m deeply involved in regards to the capacity or need of the brand new Congress to ship for the nonprofit sector. The divisive rhetoric and divisions inside Congress can be additional amplified in 2023, and the wants of these folks struggling might not be considered as a precedence. As we enter the brand new yr, I’ve extra confidence in management on the city, county and state stage to assist packages and companies crucial to make sure a greater high quality of life for Lengthy Islanders in want.

 

John Duffy, Enterprise Supervisor and Treasurer, Native 138, Working Engineers

A whole bunch of thousands and thousands of public {dollars} have been appropriated for tasks that may tackle the getting older infrastructure that must be changed, rebuilt, or renovated. The query is when will these {dollars} be made obtainable to really launch these tasks? Will it lastly be realized in 2023? Within the case of the Lengthy Island Expressway, it was years between the federal authorities making {dollars} obtainable to repave badly worn roadways and the state truly letting contracts to get the job completed. With new Lengthy Island faces heading to Albany in State Senate and Meeting, this delegation ought to make this situation as a precedence because the Island can’t wait years for “good intentions” to show into tasks that enhance our area’s infrastructure.

 

David Heymann, Managing Accomplice, Meltzer, Lippe, Goldstein & Breitstone LLP

2023 brings with it numerous financial uncertainty given the present excessive fee of inflation and rising rates of interest, which have led to will increase in prices of meals and different on a regular basis items, thereby placing a pressure on disposable revenue and the power to avoid wasting for many People. The upper rate of interest surroundings, coupled with the elevated value of products and companies, will possible have an hostile impact on actual property growth and financing in addition to a borrower’s capacity to fulfill debt service protection ratios on floating fee loans. In consequence, I might anticipate to see elevated mortgage defaults and damaged growth offers resulting in alternatives for these corporations with substantial dry powder, distressed debt purchasers, and exercise corporations. Additional, it’s possible that we’ll see elevated litigation and chapter filings in 2023.

 

Lawrence Kadish, Founder and President, Museum of American Armor

At a time when social research and historical past are preventing for inclusion in curriculum being taught in our school rooms the position of Lengthy Island’s museums will change into ever extra vital in 2023 if we anticipate a brand new era to attach with our nation’s heritage and the world round them. Only a few college students perceive that the geo-political borders which have led to twenty first century conflicts are a legacy of World Battle II. So too is our society pushed by know-how.  We can’t depend upon colleges to commit the time to instill these classes. To have interaction younger folks would require museums to be extra progressive and interactive with guests in the event that they anticipate to compete with present on-line apps and evolving digital actuality which are capturing the eye of at this time’s college students.

 

John Spiezio, Chairman, ADDAPT

In 2023 I look ahead to changing into the fourth chairman of ADDAPT, Lengthy Island’s premier protection and aerospace commerce group.

ADDAPT is made up of over 100 corporations protecting 3 million sq. ft, using over 10,000 Lengthy Islanders with $3 billion of financial exercise.

The 2023 aerospace and protection market are traditionally robust, the strongest it has been in a number of a long time. A number of new aviation packages are about to be introduced, primarily Northrop Grumman’s B21 Raider, and the military’s Future Vertical Carry program.

The race to the moon had its inception right here on Lengthy Island and we are actually seeing one other house race. Lengthy Island’s corporations have to be a key a part of these efforts. In doing so we are able to renew our title because the birthplace of the protection and aerospace industries.

I look ahead to working with the LIBN and Lengthy Island’s enterprise sector to coach our elected officers in any respect ranges of presidency to extend the attention of the presence and dimension of this trade on Lengthy Island and the potential of ADDAPT’s members to design, construct, ship, restore, and set up all ranges of parts and provides.

Lengthy Island needs to be prepared, and we can be.

 

Maurie McInnis, President, Stony Brook College

The way forward for Stony Brook College lies in our capacity to create an surroundings that welcomes ambition and innovation, and nurtures variety and collaboration. Because the newly named flagship of the SUNY system, our fame is rising quickly. Stony Brook is targeted on pupil success—that’s how we’ve change into the top-rated public college in New York. We’re centered on offering glorious affected person care–that’s how we’ve change into a top-100 hospital.

Our strengths are aligned with state and nationwide priorities, and we’re investing in doubling our analysis expenditures. We’re taking large bets like our effort to steer the Middle for Local weather Options on Governors Island as we attempt to be a worldwide convener on the forefront of local weather options.

In 2023, we are going to kick off the Simons STEM Students initiative to boost variety in STEM careers and can be centered on constructing a tradition of innovation that pulls expertise and enterprise to New York State. Attracting and supporting distinctive school and employees is crucial to growing our affect and prominence on the world stage. We’re dedicated to bringing the advantages of our analysis, scientific care and schooling to the area.

 

Dr. Hal Paz, Government Vice President for Well being Sciences Stony Brook College, CEO, Stony Brook College Medication

As we think about the way forward for Stony Brook Medication, we can’t assist however observe how the pandemic has profoundly impacted communities throughout Lengthy Island, reminding us of the significance of public well being. Because the area’s solely tutorial well being heart, we take severely our mission to offer care and luxury to those that are unwell and weak.

We’re on the cusp of transformational modifications in healthcare, and Stony Brook Medication is on the forefront of addressing affected person wants in progressive, personalised and built-in methods—from digital purposes to digital visits boosted by the current COVID-19 pandemic to neighborhood partnerships that assist deliver care into the neighborhood and harnessing know-how that may assist our sufferers higher perceive and handle their well-being.

We’re enormously happy with our specialised areas: Stony Brook Most cancers Middle, Stony Brook Coronary heart Institute, Stony Brook Neurosciences Institute and Stony Brook Kids’s Hospital, the one youngsters’s hospital in Suffolk County. We proceed to evolve to distribute care supply via community-based ambulatory medical care, and we look ahead to opening our Lake Grove Superior Specialty Care multi-specialty website this yr.

Along with affected person care, Stony Brook Medication is working to assist guarantee the subsequent era of well being professionals is ready for the evolution of healthcare by equipping college students to interrupt down conventional silos and to work extra effectively in healthcare groups.

As a healthcare system, we’re reinventing approaches to fulfill sufferers the place they’re — each of their communities and at each juncture of their lives.

 

Mitchell Rechler, Co-Managing Accomplice, Rechler Fairness Companions

Lower than six months in the past, Rechler Fairness Companions opened the doorways of the Canoe Place Inn, marking the completion of a community-driven effort to revive a bit of Lengthy Island’s historical past.

In 2023, Rechler Fairness Companions is poised to observe this profitable mannequin of partnership with native stakeholders to strengthen our native economic system. The anticipated completion of the fifth and ultimate constructing of our Hampton Enterprise District and preliminary work on the Rechler Enterprise Middle in Medford are two examples of the continuation of our grandfather William’s imaginative and prescient. As the unique grasp developer of the Vanderbilt Industrial Park, recognized now because the Lengthy Island Innovation Park at Hauppauge, he understood companies’ want for versatile, tailor-made working house.

Together with our two industrial parks, work may even start on our subsequent 92-unit Greybarn undertaking in East Patchogue. Housing is significant to financial development. If we anticipate our tenants to thrive and broaden, their workforces will need to have high-quality residing choices obtainable to them.

Regardless of unsure financial instances and unstable markets throughout the USA, we’re assured that the enterprise and growth neighborhood will transfer Lengthy Island’s economic system ahead this yr as a result of continued demand for warehousing and industrial house.

 

Deirdre O’Connell, CEO, Daniel Gale Sotheby’s Worldwide Realty

There’s no such factor as a nationwide climate report, and actual property will all the time be native. Lengthy Island actual property historically fares higher than a lot of the nation. We normally don’t have the large swings in both course seen in lots of different markets across the nation. In 2023, we anticipate a extra usually paced market with out the shopping for frenzy prompted by the pandemic and all-time low mortgage charges of the earlier two years.

Mortgage charges have risen significantly – consumers are adjusting and discovering alternative with out having to make snap selections. They’re additionally working with lenders to seek out the fitting mortgage product to fulfill their wants, which might not be a 30-year fastened fee mortgage. And to place charges into perspective – since charges had been first tracked within the 1970’s, the typical fee has been 8 p.c.

With many householders locked into very low-rate mortgages, many will not be in a rush to maneuver, which is including to the restricted variety of obtainable properties in the marketplace. With hybrid work persevering with and millennials transferring to Lengthy Island at a a lot youthful age than they did pre-pandemic – there’s demand. Individuals all the time want a spot to reside; we all the time promote properties.

 

Donald Leistman, Parner, Forchelli Deegan Terrana

Given the modified financial panorama over the previous few years, workplace constructing house owners should regulate their actual property tax burden. COVID-19 and elevated flexibility for workers to work remotely, has produced the equal of “4 horsemen of the apocalypse” elements for the premise of valuation of workplace buildings in property tax appeals.

The workplace rental market has been frequently stagnant or declining. As older leases expire, many tenants selecting to resume their present house accomplish that at flat or declining charges attributable to weakened market demand.

House owners face the issue of an elevated quantity of vacant house as corporations proceed to downsize, transfer out of state, or just broaden their distant workforce, significantly lowering the necessity for bodily house.

Bills proceed to rise. Along with regular inflationary elements, there are elevated prices for utilities, enhanced cleansing protocols and upgrades to air filtration methods attributable to COVID-19 considerations.

General capitalization charges have elevated with excessive rates of interest on the mortgage aspect and better threat on the fairness aspect, producing decrease appraised values.

For property tax functions, buildings have to be valued for the upcoming yr based on their present use and situation. The massive shift in lease renewal charges, occupancy percentages, bills and capitalization charges have or will trigger a drop in market values of 10%-30% over pre-pandemic market values. Consequently, property house owners have to be vigilant in difficult assessments to make sure present taxes are based mostly on this new valuation actuality – which might make the distinction of a number of {dollars} per sq. foot in taxes.

 

Joshua Hanson, Incoming Government Director, The Protected Middle

The Protected Middle continues to function Lengthy Island’s chief in responding to home and intimate associate violence, sexual assault, youngster abuse, and human trafficking. Within the aftermath of Gabby Petito and different DV homicides, the horrible tragedy of Thomas Valva, the work of supporting and helping victims and survivors has by no means been extra pressing. These high-profile instances have pressured us to confront the fact that abuse occurs in each neighborhood, together with on Lengthy Island. However expert intervention and connecting with probably life-saving sources could make a profound distinction in a survivor’s life. The Protected Middle’s service mannequin is a novel and complete response that includes advocacy, case administration, counseling and authorized companies in collaboration with legislation enforcement, social service, prosecutorial, and medical companions. This mannequin ensures the total spectrum of particular person and household wants are addressed and people impacted by abuse are supported of their journey from sufferer to survivor.

 

Jason Lipiec, Lengthy Island Regional President, M&T Financial institution

At M&T Financial institution, and throughout the wealth companies we offer at Wilmington Belief, we’re paying shut consideration to inflation, its results on Lengthy Island and the better affect on the Northeast. As we head into 2023, we see a continued scarcity of reasonably priced housing, together with for-sale and rental product, pushed by larger development prices and rates of interest.

We foresee continued labor shortages and additional growing meals prices, making it more and more vital to assist neighbors in our neighborhood via varied giving efforts and initiatives. M&T displays our dedication as a neighborhood financial institution by providing staff 40 hours of volunteer time per yr to encourage involvement in native philanthropic efforts.

Subsequent yr brings a brand new chapter for a lot of Lengthy Island enterprise house owners and, as a number one SBA lender, it’s crucial M&T retains a pulse on widespread financial considerations whereas supporting small companies.

 

Amy Loeb, Government Director, Peconic Bay Medical Middle

Healthcare in 2023 will deal with growing entry to complete medical care and implementing superior know-how to enhance therapies outcomes. The East Finish inhabitants has grown, and medical services want to increase entry to lifesaving care accordingly. For instance, we’re growing our emergency room by 75% to fulfill the surge in crucial care sufferers, and we’ve expanded companies in numerous areas together with cardiology, girls’s well being, and first care.

Jap Suffolk deserves the perfect medical care at their fingertips, and residents shouldn’t really feel the necessity to compromise medical care to take care of a suburban way of life. That’s why we opened new areas in Shirley and Middle Moriches, the place major and specialty care was beforehand sparse. Moreover, we lately renovated our labor and supply services, and we’re dedicated to proceed increasing our girls’s well being companies in our communities. We’ve invested in new robotic surgical procedure gadgets and superior imaging know-how, now making jap Suffolk a vacation spot for state-of-the-art medical companies for areas specialties resembling breast surgical procedure, most cancers care and joint alternative.

Growing entry means eliminating obstacles for sufferers to obtain high quality well being care. PBMC can be the house to the Suffolk County Most cancers Companies program, which is targeted on increasing free screenings for uninsured residents and those that qualify for monetary help, and we’re conducting intensive neighborhood engagement initiatives to emphasise the significance of early testing and detection for treatable ailments resembling colorectal, breast and prostate cancers.

 

Richard Humann, President and CEO, H2M architects + engineers

Though Superstorm Sandy was 10 years in the past, Lengthy Island’s infrastructure nonetheless wants upgrades and repairs. Houses have been raised alongside the south shore and several other protecting measures have been taken via state and federal monetary help. Municipalities and utilities have begun planning for storm hardening, varied technique of shoreline stabilization, and upgrades to present vitality transmission and distribution methods, all with a typical purpose: to construct resilient infrastructure able to withstanding future extreme climate occasions.

The danger of extra frequent, intensifying storm occasions ought to re-shape our collective mindset about funding and infrastructure planning. Federal and state infrastructure funding must be extra rapidly distributed to municipalities and utilities. This funding is crucial for correct preparation. Proactivity is essential; response isn’t an choice.

In 2023, we additionally anticipate to see a development in embracing renewable vitality sources by implementing wind energy and photo voltaic vitality. Vitality storage can be wanted for our grid that at the moment can’t obtain and distribute energy from decentralized sources. Lengthy Island’s infrastructure must be higher ready and 2023 is the proper time for all stakeholders to behave in live performance to plan, fund, and execute resiliency and hardening tasks earlier than it’s too late.

 

Matt Pomara, Co-Founder, Ark Know-how Corporations

The migration to the cloud for companies and colleges will proceed in 2023 and this can be a development alternative for the know-how sector. With near half of all staff working remotely, corporations should be certain that they get linked, keep linked and performance effectively. As a cloud service supplier, Ark Know-how Corporations has the expertise and presents companies that are perfect for corporations whose staff come to the workplace, work-from-home or have a hybrid schedule.

Challenges are persevering with for colleges and companies which have restricted sources for sustaining cybersecurity. Ransomware and cyberattacks will proceed to affect Lengthy Island companies, colleges, hospitals and governments. It’s crucial that these entities work with high quality and skilled know-how companions, to observe in addition to have complete plans to deal with system vulnerabilities.

At Ark we consider that for 2023 and past that leveraging knowledge in additional significant methods can be crucial for achievement. Know-how has given nearly all organizations entry to all kinds of recent knowledge. Colleges will have the ability to use this knowledge, to boost and ship schooling extra successfully giving college students extra choices and better possibilities for achievement. Within the enterprise sector, knowledge can be utilized to seek out methods to enhance effectivity, pace up manufacturing and improve profitability.

 

Dr. Adhi Sharma, President, Mount Sinai South Nassau

Regardless of the continued healthcare workforce scarcity, provide chain disruptions, unstable economic system and different challenges impacting hospitals throughout the U.S., Mount Sinai South Nassau’s sturdy development will proceed in 2023.

The spotlight would be the opening of a $40 million Medical Arts Pavilion at our Lengthy Seaside Campus this summer season, which can deliver again multi-specialty medical care to the residents of Lengthy Seaside. We anticipate to finish an improve of our Interventional Radiology Suite this fall with the set up of a neuro-interventional biplane to streamline the analysis and remedy of stroke and different life-threatening circumstances.

The brand new yr begins with the hospital’s conversion to a brand new Central Utility Plant that may make the most of vitality sources extra effectively and fortify the hospital’s electrical, heating, air flow and air-con methods in opposition to extreme climate, together with hurricanes.

Will probably be paramount for us to proceed the success of our recruiting and retention efforts, which resulted in 1,117 complete hires via Nov. 2022, together with 100 new nurses. Moreover, we are going to stay disciplined and strategic within the deployment of our monetary sources to take care of a wholesome backside line and collaborate with our distributors to manage the prices of provides and to make sure the well timed supply of our purchases.

 

Stuart B. Almer, President and CEO, Gurwin Healthcare System

2023 can be a crucial time for long-term care, as we advocate for applicable funding to adequately take care of our most weak residents. As the remainder of the world strikes on from COVID, struggles with elevated prices and strict regulatory necessities persist for the long-term care trade. Advocacy with our state and federal legislators is essential to serving to our lawmakers perceive that we can’t proceed with out aid, and that aid should come rapidly, or our seniors will endure. Recruitment and retention will stay a spotlight for all. Whereas we’re competing in opposition to all healthcare suppliers for a restricted variety of professionals within the workforce, we additionally should handle and mitigate the lack of these leaving the sector altogether. These professionals will not be going to a competitor; many are citing nervousness, burnout and the continued unfavorable public notion of nursing properties of their journey to a brand new profession. The approaching yr does deliver some promise for long-term care. We’ve got began and can proceed to be inventive in recruiting and in creating new alternatives for employment that assist our caregivers and guarantee residents are receiving the care and a focus they want. We have to take benefit as an trade of the funding obtainable to construct our workforce and collaborate to make sure we’re telling a narrative that entices people to change into caregivers within the long-term care surroundings. And we should proceed to advocate collectively, to make sure our legislature understands the significance of their assist and the crucial position it performs in our capacity to take care of our Lengthy Island seniors.

 

David Nemiroff, President and CEO, Lengthy Island FQHC

I believe there can be a major transition in healthcare. If we’re heading right into a recession, the underserved inhabitants will in lots of cases be the primary to really feel its impact. Sixty-eight p.c of the folks we serve, as a Federally Certified Well being Middle, reside below the federal poverty stage proper right here in Nassau County. We anticipate a rising self-pay or uninsured inhabitants as some folks might lose employment, in addition to insurance coverage protection. At present, 25 p.c of the folks we take care of are uninsured. This quantity may develop in an financial downturn. As a safety-net supplier, we provide a sliding price scale for our companies and gained’t flip anybody away, no matter their capacity to pay.

All is just not doom and gloom. The development of telehealth and cellular well being has made it simpler for sufferers to entry care. There have additionally been will increase in federal, state and native funding to assist medical practices, particularly for the underserved. Funding resembling PPP loans and the American Rescue Plan, an enhanced federal match for Medicaid to states throughout the public well being emergency, enabled many care suppliers to rent new employees and put money into new gear.

No matter what occurs with the economic system, I consider healthcare suppliers will adapt and proceed to fulfill the wants of sufferers and the communities we serve.

 

Erika Calderon, Managing Principal, Brinster & Bergman, LLP

During the last three years, the pandemic has caused numerous challenges for accounting corporations. Since 2020, accounting professionals have been inundated with extra tasks and a number of submitting extensions. Authorities packages resembling PPP, Restaurant Revitalization Program, Worker Retention Credit score and SBA loans have put important strain on accountants to offer crucial assist to purchasers. Whereas difficult, this additionally strengthened relationships with purchasers and created new alternatives for development.

Staffing continues to be a serious problem for accounting corporations on Lengthy Island and throughout the nation. Bigger corporations are referring enterprise and tasks to midsize and smaller accounting corporations. Outsourcing to India and different nations is being adopted by smaller corporations and this may proceed to accommodate the rise in workload. AI know-how and software program can be getting used to fill in some gaps and including to capability.

For 2023, we anticipate a return to normalcy within the accounting occupation. This yr will look extra like 2019 than the previous two years. I consider that corporations which have robust management and embrace “household centered” cultures, like we now have at Brinster and Bergman, will develop, appeal to and retain expertise.

 

Evan Krinick, Managing Accomplice, Rivkin Radler

The authorized market in 2023 will proceed to deal with flexibility and know-how to offer worth to the shopper expertise.  Modern methods, resembling synthetic intelligence and knowledge analytics, will develop in significance as attorneys search to transcend being attentive to present shopper wants, however to anticipate future wants.  Cybersecurity can be an important funding for all legislation corporations, and for all companies, large and small. The retirement of child boomers will gasoline a rise in wealth switch methods, whereas financial uncertainty will dampen company and financing transactions within the early a part of the yr. Actual property issues can be extra energetic in different components of the nation, as buyers search alternatives exterior New York. Litigation can be sturdy, because the courts attempt to catch up from the COVID backlog. Legislative and regulatory modifications may even affect the authorized surroundings, in apparent areas resembling hashish and playing, and in different much less apparent areas.

 

David A. Frisch, Founder and CEO, Frisch Monetary Group

One of many hardest predictions to make is all the time, “what is going to the inventory market do?” This yr, and subsequent yr, is actually no exception. Issues such because the battle in Ukraine, China’s zero-COVID coverage, world inflation, rising rates of interest, falling company earnings, and the concern of a major recession, are simply among the alarms all buyers and funding advisors share. Though these considerations are legitimate, we may assessment any yr within the final hundred years and there are all the time causes to concern inventory market declines.

So, what can we do? Most important is to first create a technique. Adequately fund an emergency account, decide how a lot threat you might be snug with, pay attention to the necessity to combine tax planning into funding selections, and follow the general technique. Market timing, and making emotional responses hardly ever work, and this could usually be the explanation to rent a monetary advisor. With that mentioned, I do consider the market volatility will proceed – each up and down. Inflation won’t decline constantly in a straight line, and thus we are going to then need to attempt to decide how the Federal Reserve will reply. Wanting via my damaged crystal ball, I might not be shocked to see the S&P 500 rangebound between 3,800 to 4,400 subsequent yr.

 

Edward Novick, Mayor, Village of Outdated Westbury

Public security is probably the most important operate of native authorities. A current rise in crime on Lengthy Island has pressured legislation enforcement companies throughout the area to fight brazen acts of criminal activity in our communities. Because the mayor of the Village of Outdated Westbury, second vp of the Nassau County Village Officers Affiliation (NCVOA) and a Lengthy Islander, I’m saddened and anxious by these flagrant auto thefts, dwelling burglaries and different offenses.

Bail reform laws put forth by Albany has discouraged accountability for one’s actions. This issue, mixed with societal points like financial hardship, has incentivized prison habits. To deal with these points, the NCVOA will proceed to deliver village governments collectively to speak with the Nassau County Police Division to make sure finest practices are adopted.

In Outdated Westbury, we are going to broaden the ranks of our police division, implement layered applied sciences and use focused intelligence to help our officers in each crime prevention and the apprehension of suspects. These applied sciences, resembling license plate readers, surveillance cameras and different intelligence gathering strategies can be pivotal in enforcement efforts.

Most significantly, governments should successfully talk the significance of residents securing their properties, autos and belongings to keep away from being victimized.

 

Christine Riordan, President, Adelphi College

Increased schooling continues to evolve at a fast tempo as pupil priorities change and the economic system fluctuates. Discovering new methods to enhance institutional resilience whereas assembly the wants of all pupil demographics can be a major concern for universities in 2023.

At Adelphi, we’re seeing many encouraging tendencies that may form the way forward for the trade. Our worldwide pupil pipeline is rising rapidly once more after enduring two years of journey restrictions. Our graduate, skilled and persevering with teaching programs are additionally increasing as extra adults search profession modifications or development.

With these tendencies comes the necessity to deal with areas of research which are within the highest demand within the job market. Adelphi is enhancing its packages in healthcare, enterprise, schooling, the humanities, pc science, knowledge analytics, utilized sciences and extra by tailoring the expertise to every pupil. Meaning persevering with to supply versatile schedules, growing on-line choices, and creating new pathways to reasonably priced schooling.

Most significantly, as we glance past 2023, universities should proceed to emphasise the worth of variety, fairness, inclusion and belonging. Making faculty accessible to all and making a neighborhood that meets each cultural want is crucial for institutional and pupil success.

 

Ryan Ruf, Chief Working Officer, Jap Suffolk BOCES

Because the nation contends with a aggressive and fast-developing labor market, one factor stays clear — commerce jobs are in excessive demand. In line with the most recent Division of Labor statistics, nurse practitioners high the checklist of quickest rising occupations, together with electricians, welders and different constructing trades; doctor assistants; internet builders; culinary professionals; and bodily therapist assistants. Particularly, jobs within the renewable vitality sector, resembling photo voltaic panel installers and wind turbine technicians, are actually rising exponentially.

That’s the reason we see the in-district mannequin, which brings our packages for profession and technical schooling straight into faculty districts, as a brand new approach to give much more college students the chance to pursue coaching of their most popular fields of occupation. Via our current collaborations with Southampton and Brentwood excessive colleges, college students obtain all the work-based studying alternatives they want proper in their very own colleges, eliminating the necessity to journey to exterior services. This mannequin, along with our quite a few in-house packages, permits us to offer companies that allow job coaching and provides our college students benefits in forging profession paths. Wanting ahead, we hope to broaden this mannequin and proceed to fulfill the wants of the ever-evolving workforce.

 

Robert Dillon, Superintendent, Nassau BOCES

New York is on the verge of a disaster introduced on by a extreme scarcity of expert staff within the trades. Now greater than ever, we have to make profession and technical schooling a precedence or else threat a complete lack of the center class each on Lengthy Island and throughout the state. BOCES are the answer to this disaster, offering skilled coaching within the trades, using trade leaders, state-of-the-art gear and services that no particular person faculty district has the sources to offer. Regardless of this want, nonetheless, BOCES stay probably the most underutilized sources within the state.

BOCES are a real hidden treasure and an equalizer. We offer specialised profession schooling to college students from quite a lot of backgrounds. Now’s the time to finish the stigma of working within the trades. Within the coming yr, we need to ease the trail for any pupil who would possibly need to pursue a profession and technical schooling, and we encourage our communities to assist this effort. We should always remember that on the subject of schooling, all means all.

 

Ronald J. Rosenberg, Founding Accomplice, Rosenberg Calica & Birney LLP

The enterprise neighborhood must deal with the truth that the brand new yr will see a brand new chief decide on the New York State Courtroom of Appeals. That particular person would be the alternative of Governor Kathy Hochul, adopted by affirmation by the State Senate. She might nicely choose Corey Stoughton, a shining star of the Authorized Assist Society who has acknowledged her profession is a “wrestle to finish mass incarceration” and to “confront the racism on the root” that she believes is embedded within the prison justice system. There are different potential candidates who occupy varied factors of the political spectrum, however the actuality is all seven judges on the state’s highest court docket have been chosen by the final two Democratic governors. To create a much more actually various judicial surroundings, in 2023 the state ought to think about altering the best way Courtroom of Appeals judges are chosen. The brand new system would supply that the governor selects three judges, and one decide could be chosen by every of the 4 leaders of the State Legislature. This is able to guarantee some measure of political and authorized variety in New York’s highest state court docket that has the final say on saying and decoding state legislation.

 

Howard M. Stein, Managing Accomplice, Certilman Balin Adler & Hyman

The panorama of the authorized trade will proceed to alter in 2023. It’s already been taking place. We see world legislation corporations opening up workplaces on Lengthy Island. We see legislation corporations merging. We see legislation corporations specializing in technological safety and determining methods to finest service their purchasers on this unpredictable world. For us, we at Certilman Balin plan to proceed to remain the course by staying true to ourselves. On this area we now have referred to as dwelling for greater than six a long time, we are going to proceed to make a distinction by preserving our core tradition and dedication to our neighborhood and by persevering with to put money into our expertise and know-how to finest service our purchasers. We envision profitable development into the long run, which can hopefully embrace the growth of top-tier corporations into our area, in addition to additional actual property developments.

 

Dr. Kerry Frommer Firestein, CEO, Adjuvant Well being and Allied Physicians Group

Consolidation in healthcare on Lengthy Island is accelerating. Giant group bureaucracies restrict doctor involvement in creating care paradigms. Small apply useful resource limitations deprive docs of the assist they should deal with care. In 2023, we have to be certain that docs lead healthcare groups whereas partnering with material consultants who can increase doctor information and ship on shared visions. We noticed throughout the pandemic that docs ought to have performed a better position in governmental resolution making and insurance policies for affected person care.

Within the subject of pediatrics, the demand for complete psychological well being companies is growing. Kids at this time are confronted with better social pressures, nervousness and stress. The pandemic exacerbated the pattern and this has contributed to suicide being the second main reason behind loss of life in our youth. That is unacceptable; extra assist is required for psychological well being. Allied Physicians Group has added coaching and has expanded psychological healthcare hours for sufferers; others have to do the identical. Most healthcare suppliers have been working continuous for the previous a number of years coping with the pandemic, flu, RSV and the psychological well being disaster. It’s clear that practitioners want aid and entry to assist packages as nicely.

 

Dr. Neal Shipley, Medical Director, Northwell Well being-GoHealth Pressing Care

Current historical past reveals pressing care holds a crucial place within the healthcare ecosystem. It will increase entry to cost-effective healthcare. It prevents pointless emergency division visits and hospital admissions, and curbs over-prescription of medicines.

Because it did throughout the pandemic, I’m assured pressing care will proceed to ship care in new and progressive methods in 2023. Northwell Well being-GoHealth Pressing Care is an early adopter of applied sciences that allow protected, handy and linked care.  For instance, consumer-facing gadgets are coming to market that may enable sufferers to offer knowledge—like blood strain, pulse and oxygen ranges—to suppliers nearly, utilizing a handheld system they will purchase at a pharmacy. That’s numerous beneficial info obtainable instantly. If wanted, a affected person can then be seamlessly scheduled for an in-person go to at certainly one of our brick-and-mortar facilities.

At present, we’re seeing widespread flu and RSV, and we nonetheless have a excessive COVID-positive fee. The silver lining is that we’ve handled extreme-volume surges earlier than, and now we now have extra remedy choices.

In 2023 and past, we’ll search alternatives to broaden entry to linked, on-demand care.  That’s the function for which we exist and proceed to innovate and develop.

 

Nikki Kateman, Political & Communications Director, Native 338 RWDSU/UFCW

Yearly is an thrilling yr to be within the labor motion. 2022 had some unimaginable wins for staff collectively appearing to enhance their lives and workplaces each domestically and nationally, which I absolutely anticipate to proceed in 2023.

New York has launched hashish guidelines and rules, together with a whole lot of licenses to leap begin the rising trade. The brand new yr ought to see extra licenses being launched – that means companies opening, jobs being stuffed, client entry to quite a lot of domestically cultivated and manufactured merchandise, in addition to income.

For Native 338 RWDSU/UFCW, this implies persevering with to work with the Workplace of Hashish Administration, in addition to hashish enterprise house owners, to construct a sustainable trade that creates alternatives for staff to maneuver into new careers, but in addition union careers that enable them to assist themselves long-term and hopefully, have the ability to say they retired in dignity after spending a long time working within the hashish trade.

 

Don Clavin, Supervisor, City of Hempstead

In 2023, we are going to proceed our dedication to creating the City of Hempstead the perfect place to reside, work and lift a household. We made nice strides all through my tenure to enhance companies and lower prices. In doing so, our township has not solely improved logistically, however has additionally improved financially as we achieved a Aaa credit standing from Moody’s Buyers Companies – the best credit standing rating attainable. This marks the third consecutive credit standing improve acquired by the City of Hempstead prior to now three years.

My colleagues in town board and I are following via on longstanding growth tasks for Baldwin. Only recently, we proposed a $100 million transit-oriented growth undertaking simply steps away from the Baldwin prepare station. This new growth will deliver 215 new high-quality rental flats, in addition to 5,000 sq. ft of restaurant and retail house in addition to an open public plaza. Sustaining a continuing, open dialogue with the Baldwin neighborhood is the one approach a undertaking like this could transfer ahead. Communication with communities is essential to make sure tasks can reach a dynamic matter whereas not jeopardizing the township’s suburban high quality of life, and the present Hempstead City Board has confirmed that we’re avid listeners.

For this upcoming yr, we may even proceed investing in our park services, together with installations of turf fields, the refurbishing of tennis and basketball courts and including traces for pickleball on tennis courts.

 

Justin Ghermezian, Principal, Calverton Aviation & Know-how

Within the coming yr we are going to see ultimate agreements and a closing that may enable Triple 5’s Calverton Aviation & Know-how (CAT) to current to the true property market the big growth alternatives at EPCAL. Via a novel public-private partnership with the City of Riverhead, CAT is creating an surroundings that may welcome a broad spectrum of corporations that may embrace know-how, tutorial, manufacturing, analysis and growth, amongst different enterprise sectors. The corporate has already allotted promised funds to enhance present neighborhood leisure services, create inexperienced areas, and different facilities that improve the guests’ expertise at EPCAL. As well as, CAT proposes to ally potential growth with present Lengthy Island facilities of excellence resembling SUNY Stony Brook, Chilly Spring Harbor Labs, and Brookhaven Nationwide Laboratory, underscoring Calverton’s re-emergence as a dynamic hub for know-how, innovation, and commerce. The approaching yr can be actually transformative for this property, unlocking its financial potential and it will likely be a direct results of Riverhead City’s imaginative and prescient and management in advancing CAT’s proposal.

 

Kevin Durk, Chairman, Lengthy Island Water Convention

2022 noticed the continuation of an unprecedented funding into our area’s ingesting water infrastructure, dominated by the set up of remedy methods for the removing of rising contaminants 1,4-dioxane, PFOA and PFOS. The speed of funding will proceed into 2023 and past.

Water is an unmatched asset for sustaining and constructing upon a rising society and economic system. Each resident and enterprise proprietor wants water to carry out their each day actions. We’re grateful for the continued assist of our native and state officers which have supported a whole lot of thousands and thousands of {dollars} in grants to native water suppliers to assist offset the staggering capital prices at the moment being invested.

As a area, we even have the collective duty to preserve and defend our solely supply of ingesting water. A lot of the funding being made to enhance our water high quality is required for the only real function of assembly the 3-400 p.c improve in demand water suppliers expertise as soon as sprinkler methods are turned on. Chopping again on irrigation utilization can save thousands and thousands of gallons of water every year. In 2023, you will notice a renewed focus from Lengthy Island’s public water suppliers on the significance of water conservation so we are able to maintain our water provide sustainable for future generations.

 

Roger Sampson, Government Director, New York 811

New York 811 is the legally designated nonprofit that acts because the communications hyperlink between utility corporations, contractors, people, personal excavation corporations and others which are planning any digging actions in New York Metropolis and Lengthy Island. We help utility operators and excavators to be sure that all areas the place mechanical digging or excavation will happen have all utilities marked for security. Protected and marked websites scale back the potential for accidents, accidents or expensive disruptions in water, electrical, pure fuel and telecommunications companies.

As we return to regular, development actions will improve. This can be additional supported by the numerous inflow of federal infrastructure funding. Initiatives each massive and small throughout the area will transfer ahead. With our management and companions there can be a renewed deal with security and leveraging know-how to assist coaching. Know-how can be enhancing our capacity to work together and quickly talk with our stakeholders which embrace utility corporations and development contractors.

In 2023, there can be a deal with updating outdated 1997 state laws referring to development security. Updating these legal guidelines will improve compliance with security guidelines and rules which is a constructive step for the trade and supply better safety for residents.

 

John Fitzgerald, Audit Accomplice, Berdon LLP

In 2023, enterprise house owners should be ready for financial uncertainty. Rising inflation has led to elevated prices and the best rates of interest we now have seen in years. Unemployment in our area stays very low, however wage will increase are not maintaining with the speed of inflation. On account of these circumstances, there’ll probably be a discount in client spending with a lower in company earnings. A lower in company earnings can be met with decreased spending and potential layoffs, which we’re beginning to see throughout the tech house. The economic system could also be on the verge of a recession. Enterprise house owners needs to be ready to be versatile in 2023. House owners ought to assessment forecasts periodically in opposition to precise efficiency and be ready to make tough selections to manage prices to get via a probably tough financial cycle.

 

Dan Wiener, Director of Acquisitions and Business Leasing, G2D Group

Lengthy Island’s industrial actual property markets are poised for an additional robust yr in 2023. Cyber Monday’s document gross sales point out People haven’t halted their on-line shopping for habits. Our industrial market will proceed to thrive in 2023. With thousands and thousands of sq. ft of Class A industrial house on the horizon, demand stays robust and will proceed to outpace delivered provide.

Workplace house ought to maintain regular in 2023, even when we expertise an financial downturn. Regardless of the rise in obtainable sublease house, Class A rents stay robust and emptiness charges are secure. The identical constructive outlook goes for well-positioned retail house. Hospital system demand for offsite medical house stays wholesome and LI’s purchasing facilities and large field retail have and can proceed to be the beneficiaries.

It’s well-known that Lengthy Island wants extra rental housing. Improvement to fill this backlog ought to proceed. Further provide and competitors will naturally foster affordability—we merely have to construct extra items for this to be realized.

Lengthy Island’s funding gross sales market has traditionally been insulated from turbulence skilled elsewhere. Alternatives will come up and Lengthy Island will proceed to be a protected and fascinating marketplace for ready buyers in 2023.

 

Kimberly Cline, President, Lengthy Island College

Scholar mortgage forgiveness from Washington, D.C. might alleviate some monetary considerations for college students and oldsters, however larger schooling establishments should do their half to offer top quality schooling at an reasonably priced tuition. Dedicated to serving to larger schooling stay reasonably priced, Lengthy Island College has capped tuition will increase at 2% for the previous decade, considerably beneath regional and nationwide tendencies.

LIU continues to speed up as a number one analysis establishment. The college is ranked within the high 7% of analysis universities nationwide and is designated by Fortune 50 firm Dassault Systemes as its solely Middle of Excellence for Life Sciences globally, with a deal with digital well being developments, synthetic intelligence and digital engineering. With help from a $10 million Empire State Improvement Company grant, LIU will break floor on the $30 million, 40,000 sq. foot Middle of Excellence in Life Science and Analysis and School of Science, firmly positioning LIU on the forefront of Lengthy Island’s life sciences economic system.

LIU’s new Roosevelt Faculty will educate future politicians and diplomats by providing native excessive colleges the chance for an immersive “White Home Expertise” in its simulated Oval Workplace, State of affairs and White Home Press Briefing rooms. College students role-play in eventualities which mirror real-world crises, discussing and debating doable actions. Via these initiatives, LIU continues to be on the forefront of civic schooling via neighborhood engagement, whereas enhancing the academic expertise of our aspiring younger leaders.

 

Allan Cohen, Workplace Managing Accomplice/Lengthy Island, Nixon Peabody

The marketplace for authorized companies is unsure going into 2023. Like all companies, the demand for authorized companies is closely impacted by the economic system. We’re seeing inflation ease and provide chain points loosen. Then again, COVID’s stickiness, political turmoil in a cut up Congress and instability in jap Europe will weigh on us. I anticipate the industries which were profitable regardless of these headwinds – like meals and beverage, healthcare and life sciences – to proceed to thrive and produce a gentle food plan of M&A and different transactional work for legislation corporations. Then again, rising corporations counting on a gentle stream of fairness financing are already dealing with challenges elevating cash that may undoubtedly linger into 2023. And so I don’t anticipate a return to the overheated marketplace for authorized companies that we noticed in 2020 and 2021, however moderately a return to enterprise as traditional within the first a part of 2023 and elevated exercise beginning within the fall as companies get their footing and personal fairness and enterprise capital with large battle chests deploy their funds.

 

Dominic Coluccio, Director of Actual Property, Lesso Mall Improvement

Business properties, together with conventional malls, will proceed to be repurposed to fulfill the wants of native communities, new purchasing patterns and altering demographics. Count on way of life and entertainment-focused tenants and extra eating places. Shoppers need comfort and to create recollections and shared experiences, so Samanea New York will proceed to create a vacation spot the place friends can dine, store and play. Moreover, landlords will deal with tenant and authorities relations in addition to strengthening neighborhood partnerships to maximise their property’s efficiency and acquire approvals for redevelopment. Samanea New York’s Restaurant Row will open in 2023 and can characteristic an array of high quality worldwide cuisines. Empire Journey Park, a household leisure heart and fifth largest tenant would be the first new tenant to open on the property’s second flooring in 26 years. As well as, Past Van Gogh: The Immersive Expertise, would be the first of its variety to open on Lengthy Island, and X-Golf, The Gravity Vault, and Ryco’s Escape Room will proceed to rework this iconic website right into a one-of-a-kind vacation spot in Nassau County.

 

Brianna Spaziante, Advertising and marketing and Enterprise Improvement Supervisor, Broadway Commons

Every year we see purchasing facilities frequently evolving, and we all know how folks store and spend their time has modified. As client behaviors shift, we purpose to adapt to fulfill their wants and calls for. In doing so, throughout 2022, Broadway welcomed a number of new retailers and appears so as to add new retail, leisure, and eating experiences for purchasers to get pleasure from within the close to yr. As well as, Broadway Commons hosted over 50 activations and occasions yearly, and we’re excited to deliver new progressive occasions to our friends in 2023.

To kick off the brand new yr, Broadway Commons will unveil a brand new play space serving as a gathering place for households. As well as, this venue will host “Camp Broadway,” a collection of interactive occasions that present youngsters with free instructional and entertaining experiences.

We delight ourselves on being dwelling to a mixture of over 100 nationwide and regional tenants and distinctive small companies. In 2023, Broadway Commons is dedicated to delivering top-of-the-line purchasing whereas offering the encircling neighborhood with family-friendly, distinctive packages.

 

Russell B. Shinsky, Managing Accomplice, Anchin

As we glance to 2023, I stay cautiously optimistic about Lengthy Island’s enterprise local weather.

With inflation nonetheless unstable, housing prices at or close to all-time highs, and better mortgage charges, the residential actual property market might soften.

With growing e-commerce, the necessity for warehouses and industrial house driving the logistics trade is rising. One other vibrant spot is that public sector development ought to improve modestly.

Sure massive nationwide corporations are exhibiting indicators of layoffs, which may present expertise to native companies which are at the moment struggling to seek out certified staff. Lengthy Island’s hospitality sector has been particularly challenged with labor shortages and product value will increase. Political and financial elements going ahead will proceed to have a direct affect to these companies.

In 2022, how we labored continued to evolve. In 2023, this can be pushed by know-how assist and enablement, and embracing of applied sciences that change how issues are completed. Will probably be vital to put money into and harness know-how and innovation to compete and appeal to expertise.

Dealing with continued market volatility, advanced geopolitical conflicts together with unpredictable laws on the horizon, we look ahead to offering our purchasers with specialised trade experience, proactivity and partner-level consideration in order that they will obtain their targets.

 

Phil Andrews, President, Lengthy Island African American Chamber of Commerce

The outlook for small enterprise house owners within the area can be nice; as a much-needed infusion of money via authorities packages has helped to stabilize many small companies.

Many companies had been capable of place their companies on stable floor via the clever use of PPP loans and EIDL loans. Native companies have pivoted via the usage of know-how, and plenty of lowered their value by permitting staff to work nearly.

The previous few years have taught us that if we construct wholesome ecosystems we could have better success in constructing sustainable economies. Small enterprise house owners are inventive and downside solvers by nature, and they’ll stay the engine that fuels financial development in America.

The American economic system is among the world’s most resilient economies on the planet, and was constructed on innovation, laborious work, and good quaint human ingenuity.

 

Katherine Heaviside, President, Epoch 5 Public Relations

2022 was the yr that the enterprise neighborhood woke up from its lengthy COVID slumber and energetically ramped up new enterprise efforts. That can proceed via 2023. In the course of the pandemic, many had downsized inside administrative capabilities, resembling advertising and public relations, however they’re now implementing business-building techniques. Corporations, nonprofits, and academic establishments urgently want individuals who can produce measurable outcomes. It has been a boon for Epoch 5 and different exterior companies which have skilled groups of individuals.

There’s additionally a recognition of the worth of building a management place for senior administration. Awards, op-eds, blogs, webinars, and dynamic web site copy construct that management profile. Epoch 5 and different PR companies meet these wants.

One other pattern that may proceed in 2023 is the elevated demand for issue-management and crisis-management companies. Associations challenged by new laws; colleges and universities dealing with potential unfavorable publicity, and companies contending with points tied to staff and the altering office usually contact Epoch 5. We’ve got additionally seen a pointy rise in referrals from attorneys with purchasers who’ve points that may probably harm their fame and even put them out of enterprise.

In a post-pandemic world there are new alternatives for advertising and public relations corporations, a pattern that may solely develop in 2023.

 

Jeffrey L. Reynolds, President and CEO, FCA

Although offering well being and human companies is invariably centered on hope and optimism, 2023 will possible deliver some challenges for native youngsters, households and seniors. COVID instances have dropped, however post-pandemic nervousness, despair and uncertainty amongst children and teenagers continues to unfold and might be as lethal as any virus. Native seniors are dealing with the identical psychological well being plights, whereas concurrently making powerful recession-era selections about whether or not to choose up their medicine refills or pay their dwelling heating payments. If a recession takes full maintain, homelessness will improve, healthcare disparities highlighted throughout COVID will deepen and authorities could also be tempted to curtail spending on very important companies. That may make 2023 a difficult yr, however the final three years haven’t precisely been straightforward and through powerful instances, Lengthy Islanders all the time handle to push themselves and one another to do extra.

 

Corinne Hammons

President and Chief Government Officer

Little Flower Kids and Household Companies of New York

 

As we emerge towards a post-pandemic 2023, a high focus for Little Flower, as I anticipate it’s for a lot of human companies organizations, is charting a brand new course going ahead based mostly on what we realized throughout the pandemic. Throughout COVID, our heroic frontline employees labored 24/7 to fulfill our mission, however we should make investments on this workforce in a strong approach that restricted funding doesn’t all the time enable.

The nationwide inflation surge and attendant lower in authorities spending have additional magnified a statewide housing scarcity. This places additional pressure on nonprofit child- and family-serving companies like Little Flower as they assist younger adults transition out of foster care to maturity. The problem is especially acute for youth and younger adults with developmental disabilities who’re exiting foster care and can be served as adults by the New York State Workplace of Individuals With Developmental Disabilities system. We admire being a part of a present dialogue amongst New York State companies and suppliers about these “cross methods children,” in addition to crucial coalitions, together with Honest Futures.

Little Flower continues to adapt with progressive fashions of neighborhood housing care that present coordinated companies alongside our conventional trauma-informed assist for independence, neighborhood engagement and dignity. With innovation and workforce funding, the outlook for persevering with to fulfill our very important mission is robust.

 

John Ackerson

CEO/President

JM Haley, Corp.

 

JM Haley, Corp., has weathered the ebbs and flows of financial stability earlier than. As a sub-contractor fabricating and putting in ductwork to HVAC mechanical contractors, JMH is now contending with union and non-union corporations, making it tremendous aggressive.

Materials prices prior to now couple of years has spiked like no different time in our enterprise historical past. Pricing of metallic elevated as a lot as 180% after its low within the fall of 2019.  The volatility of pricing tremendously affected revenue margins and, in some instances, resulted in losses. The marketing strategy has all the time adopted taking work with slim margins simply to maintain our crew employed, particularly in down financial instances.

JMH is optimistic that 2023 will proceed to see the discount of fabric prices. JMH has a major backlog of tasks, however stays cautious and hesitant to contemplate new capital investments. We consider that solely the fittest survive in difficult financial instances. JMH will survive whereby others might not because of its funding in a top quality crew and robust historic efficiency.

 

Dr. Michael Brisman

Neurosurgeon and CEO

NSPC Mind & Backbone Surgical procedure

 

Affected person preferences for privately-owned medical practices, which permit their docs full autonomy in making vital medical suggestions and selections versus third-party owned practices, will proceed on the upswing in 2023. Advances and investments in medical know-how are leading to fewer surgical procedures and a rise in non-invasive therapies which is a pattern to proceed within the new yr and past.

Lengthy Island companies are increasing and selling their company wellness packages with significant and complete healthcare advantages for workers. NSPC will proceed to deal with this rising want with the elevated on-site care we offer through a cellular unit which travels to companies to offer screenings, consultations and evaluations to an organization’s employees. The potential growth of New York State’s wrongful loss of life statute, which has been in place for 174 years, might pose a dramatic problem to medical practices, via elevated legal responsibility insurance coverage prices, and to sufferers within the type of larger medical payments if the change is made in Albany.

 

Dr. Navin Arora

Founder

Borealis Dermatology

 

Lengthy Island is lucky to have a big and really various healthcare market with main hospitals, well being methods and specialty practices. As a physician, it’s crucial for me to prioritize affected person care and do what is critical to boost affected person expertise. Offering personalised care is my purpose at Borealis Dermatology and needs to be a precedence for all medical professionals.

In 2023, healthcare suppliers have to deal with sufferers and constructing relationships. Affected person expertise is just not solely about shorter ready instances, however speaking frequently in addition to being variety, compassionate and attentive. Practitioners have to do not forget that sufferers are folks and never numbers or transactions.

We are going to proceed to see the pattern of the all-digital medical workplace. At Borealis Dermatology, we’re closely invested in digital options for sharing digital medical information with sufferers and suppliers in addition to for affected person communications. Individuals need and wish info instantly and in codecs that may be simply consumed.

For medical practices and practitioners who deal with affected person expertise and know-how, 2023 can be a profitable yr.

 

Lauren Wagner

Government Director

Lengthy Island Arts Alliance

 

The Lengthy Island arts and tradition sector continues to show itself to be an integral financial issue within the total monetary well being of our area. The affect of the COVID-19 pandemic on arts and tradition has been multi-faceted and far-reaching, and with attendance nonetheless not at pre-pandemic ranges, 2023 will proceed to push the agenda of persevering via disaster and doing extra with much less. With a drop in reported earned revenue, arts and tradition organizations might want to deal with diversifying their contributed revenues, and with the vast majority of “aid” and “rescue” funds coming to an in depth on the finish of 2022, it’s crucial that neighborhood engagement and advocacy for the sector as an entire is on the forefront of our work on the Alliance for 2023. We look ahead to sharing the outcomes of the Arts & Financial Prosperity 6 research in partnership with People for the Arts within the fall, together with the launch of Arts Lengthy Island, a web site and advertising marketing campaign devoted to selling the world-class arts and tradition choices throughout the Island.

 

Norton Travis

CEO

ProHEALTH Dental

 

This previous yr, we now have seen the significance of oral well being as a crucial issue of total well being come to the forefront of the dialog in media, medical and authorities circles. Simply this previous month, it was introduced that CMS expanded Medicare protection for particular medically essential dental procedures, growing protection for a lot of People. And earlier this yr, the NIH issued a seminal report on “Oral Well being in America,” noting over 60 severe medical circumstances tied to poor oral well being. This has led to quite a few healthcare organizations urging each personal and governmental payers of the necessity to combine dental care and medical care of their efforts to shut healthcare gaps and obtain well being fairness.

There might be little doubt that via coordinated medical and dental care, total well being will enhance, and healthcare prices will go down.

Since our inception six years in the past, ProHEALTH Dental has been the nation’s main advocate for bridging the oral and total well being hole via our distinctive mannequin of making scientific affiliations with massive medical teams and healthcare methods. On Lengthy Island, we’re proud to be the scientific affiliate of ProHEALTH Care Associates (now Optum), Catholic Well being, and IPANS, creating the chance to work hand-in-hand with their quite a few high-quality physicians who perceive that good oral well being is crucial to good total well being.

It’s lastly time for the general public, the medical neighborhood, and payers to “put your well being the place your mouth is” and create a greater healthcare supply mannequin.

 

Jack Khzouz

CEO

Nassau Inter-County Specific (NICE) Bus

 

With ridership numbers lastly climbing again to the pre-pandemic ranges of 80,000 per week, NICE Bus in 2023 will proceed on our path of creating responsive and progressive service fashions which meet the wants of our riders. Together with our fastened routes which cowl greater than 1 million miles each month, NICE will proceed to broaden its “on-demand” experience share service (NICE MINI) alongside key Nassau County industrial and residential corridors, and also will be upgrading bus cease signage with new digital know-how.

The yr forward may even see the continued growth of fresh and renewable autos being added to the NICE fleet, with the anticipated groundbreaking for an electrical car charging station to be constructed with the assist of Nassau County.

 

John-Paul Smolenski

CEO

MMP Capital

 

The primary half of 2023 will possible be tough. Skyrocketing utility prices, in addition to total bigger value of overhead, will destroy firm earnings and spark extra concern into customers. Corporations which are nicely capitalized will have the ability to climate the storm till inflation ranges off.

Shopping for new gear throughout this time might not appear to be the perfect monetary resolution. Nonetheless, difficult financial instances might be the proper alternative to make the most of financing choices. Company Darwinism permits the robust to outlive on the expense of the weak. As some corporations exit of enterprise, it gives alternatives for robust corporations to seize market share together with proficient new staff from inferior corporations.

As an organization that identifies funding sources and gives companies with direct funding, MMP Capital is seeing a sustained 25%-40% improve in funding requests and expects that pattern to proceed in 2023.

Financing presents versatile phrases to suit any enterprise and retains money available for working bills. MMP’s ‘time-is-money’ method to financing helps clients get gear rapidly earlier than opponents. Quick turnround additionally locks in rates of interest earlier than they modify and means vendor companions can promote extra product in much less time. MMP will proceed to achieve the approaching yr, though the macroeconomic surroundings will proceed to worsen in 2023.

 

Andrew Russell

Founder

RCG Mortgage

 

In 2023, the mortgage enterprise can be steadier than 2022 when consumers had been ready to see what the Federal Reserve would do concerning rates of interest. The actual property market will see development, costs will stabilize and in contrast to others, I don’t forecast a downturn. Refinancing of properties will come again barely however not on the ranges that we noticed throughout the pandemic.

Various and new merchandise will take maintain. Merchandise, coupled with reverse mortgages will bridge the hole to the lacking refinance enterprise. It’s possible that we’ll see some bigger mortgage corporations merge or shut early subsequent yr. These corporations will not be lean or nimble sufficient to outlive with tighter margins and better charges.

For RCG Mortgage, our marketing strategy continues to be constructing relationships with our native actual property companions. We acknowledge that it’s critically vital to deliver worth to the true property neighborhood. Realtors are struggling and we’re doubling down on our efforts to assist them, work with them and supply them with the instruments they should survive and thrive.

For RCG Mortgage, 2023 can be our most profitable yr.

 

Lauren Brandt Schloss

Government Director

Usdan Summer time Camp for the Arts

 

Throughout instances of societal upheaval, like now, the humanities change into crucial, particularly for younger folks, and most significantly for younger individuals who establish as artists.

The good philanthropist Aggie Gund usually says, the humanities are what makes us human. Being able – in addition to the house — to precise your self as you might be and to make sense of the shifting world via the humanities is significant, highly effective, and transformational for younger folks.

In instances of monumental change, inventive options change into much more vital for the way forward for society. Due to this fact, in arts schooling, what we’re seeing is a renewed emphasis on the significance of instructing for creativity and instructing for downside fixing.

At Usdan, we consider that by offering creative alternatives to greater than a thousand younger folks every summer season, we are literally serving to to create a greater future.

And this can’t simply be for the well-to-do. Usdan, as a nonprofit camp, wants to have the ability to assist all youngsters, together with youngsters from decrease revenue households by offering scholarships so that they too have a inventive outlet.

 

Joe Tedesco

President & CEO

Ocean Monetary Federal Credit score Union

 

Over the subsequent yr, we anticipate modifications in rates of interest that might adversely have an effect on Lengthy Islanders and their monetary health. With the value of a house going up and the price of borrowing transferring in the identical course, fewer folks can be lining up for mortgages and residential fairness loans. The identical will go for sustaining bank card balances, borrowing for school and different “life occasions,” and so peoples’ monetary journeys could also be quickly paused or want to alter. On a constructive observe, we anticipate larger saving charges for these with long-term saving plans. Regardless, these with a robust finances and a dedication to their monetary well being will prevail. We are going to proceed to maintain our members’ monetary well-being on the coronary heart of all we do.

 

Howard Greenberg

Managing Legal professional

Regulation Places of work of Howard E. Greenberg

 

As a enterprise lawyer in apply since 1985, I together with my purchasers have seen the ups and downs of the economic system and the impact on us all.

2022 was a rebuilding yr as many companies obtained again to what they do finest– car sellers offered and serviced vehicles (regardless of the chip shortages); realtors offered homes; mortgage representatives closed loans (even with the current fee will increase); title corporations offered searches (regardless of the pc glitches in Suffolk County); eating places re-opened and served meals; contractors constructed and re-built buildings; landscapers designed and planted; accountants offered advise (regardless of ever altering guidelines and rules); docs, dentists, nurses and healthcare suppliers stayed the course and by no means wavered.

A criticism I hear from purchasers is discovering expert labor at affordable value. Many individuals seemingly need to not work on premises and that’s taking a toll on service industries that depend on in-person efficiency. Most jobs can’t be completed through Zoom.

A lot of this work over the previous two years was completed and can proceed to be completed as a result of we on Lengthy Island and all through the nation are resilient and forward-thinking. I’m actually optimistic about 2023 and even with a politically divided nation and voters—what most individuals care about is doing the fitting factor for his or her households and companies.

 

Walter Stockton

CEO

Kinexion

 

It’s estimated that nonprofits commit 25-40% of income towards administrative and operational bills. Like many industries, nonprofits additionally wrestle to recruit and retain staff for each direct care and specialised areas like accounting, compliance, IT, HR, logistics, and procurement.

2022 was a milestone yr for the seven native nonprofits that are actually served by Kinexion, a administration service group (MSO) that gives the executive spine for these organizations, all of which assist people with growth disabilities. By leveraging the buying energy of a big entity, Kinexion companies considerably scale back prices, whereas liberating up sources that may be higher utilized towards the mission of offering companies that improve the aim and well-being of the folks we assist.

This monetary stability significantly helps nonprofits who suffered throughout the COVID-19 pandemic and proceed to expertise fundraising challenges given at this time’s financial local weather. This infrastructure can be important for Kinexion companies as we enter 2023 dealing with ongoing inflation and staffing shortages.

Working below one community permits Kinexion companies to each day allocate employees to the place and it’s most wanted.

This shift in nonprofits administration often is the lifeline that permits nonprofits to proceed to offer important companies for his or her constituents.

 

Shinya Fukuda

Vice President and Normal Supervisor, Company Planning

Canon U.S.A.

 

2023 will deal with discovering progressive methods to assist remedy tangible wants—professionally and personally. Hybrid work is right here to remain, however consideration has shifted to the know-how being carried out to foster flexibility and collaboration. As the top of the Canon Innovation Middle, we assist seeing new concepts come to fruition based mostly on forecasting future market calls for.
Technological upgrades have to accommodate how simply it integrates into customers’ lives. That was the impetus for our AMLOS software-and-camera product suite, designed to assist fashionable hybrid conferences. It gives an intuitive expertise for in-person and distant individuals, selling collaboration.
We additionally anticipate to see extra digital and blended actuality know-how use. VR know-how, like our Kokomo platform at the moment in growth, is being designed to assist make it doable for customers to congregate, journey and talk no matter the place they’re bodily positioned. Combined actuality know-how, like our MREAL answer, may considerably improve schooling, drugs and leisure.
2023 may even imply increasing know-how to deliver reside leisure on to the viewer. Options like our Free Viewpoint Video System combine cutting-edge optical and sensor applied sciences to create a sensible, immersive expertise that makes the person really feel like they’re actually there.
There isn’t any purpose for folks to be constrained by proximity. Interplay is crucial for private relationships {and professional} growth, and we’re excited in regards to the potentialities.