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Business Expansions and Contractions - Long Island Region October 2016

Business Expansions and Openings

Field & Stream, an outdoor and hunting equipment store owned by Dick’s Sporting Goods, opened in September. The store occupies a 50,000-square-foot space at the Melville Mall, on Route 110 just north of the Northern State Parkway, according to the website of the mall’s landlord, Federal Realty Investment Trust. The Field & Stream employs about 90 full-time and part-time positions. Dick’s Sporting Goods also hired for its existing store at the mall, which is undergoing remodeling. That store, which is also staffed with about 90 people, is open during the remodeling.

Target plans to open two new, smaller format stores on Long Island this October. The stores, in Freeport and Elmont, will feature a smaller merchandise selection than the chain’s full-size stores. A 46,000-square-foot store is planned for the Meadowbrook Commons shopping center in Freeport. The Freeport Target will replace a Stop & Shop that announced its closure in January. The second store, even smaller at 24,500 square feet, will be at an Elmont shopping center. The company currently operates 19 flexible-format stores and has previously announced plans to open three more this year in New York City.

Westhampton Architectural Glass Inc., a fabricator and installer of custom glass for high-end homes, has received tax benefits to build a new $2.9 million facility in Speonk. The company plans to consolidate operations from three buildings it leases in Westhampton Beach, Riverside and Calverton into one 31,571-square-foot building. The company said the project, which was approved for tax breaks by the Suffolk County Industrial Development Agency, is needed for efficiency. The company has 37 employees and plans to add 9 after finishing the new site. The company plans to begin construction later this month and open the new manufacturing facility in 16 to 18 months. Salaries at the company, which hires estimators, installers, metal workers, and draftsmen, average $78,421. According to estimates by US Glass magazine, an industry trade publication, Long Island is home to one of the most prominent architectural glass industries in the country, with at least 392 glass fabricators and contract glaziers here.

Outdoor retailer L.L.Bean will open its first store on Long Island next year at Smith Haven Mall in Lake Grove. The 16,000-square-foot store is scheduled to open in spring 2017. The store will feature apparel and footwear, as well as hiking, fly-fishing, kayaking, winter and camping gear. The store will employ about 70 people. Later this month, L.L.Bean will open a 10-foot-by-20-foot pop-up shop outside the entrance of the future store. The pop-up is currently hiring and will employ 15 people.

Blue Point Brewing Co. will receive up to $4 million in sales tax exemptions and property tax abatements for its planned relocation to downtown Patchogue. The Brookhaven Town Industrial Development Agency approved the tax breaks Oct. 19, following a public hearing on the brewery’s request. Blue Point Brewing, currently located in a 40,000-square-foot facility on River Road in Patchogue, plans to move into a 53,361-square-foot West Main Street building. Blue Point hopes to open the new location by September, according to documents filed with the IDA. The $35 million project is expected to include a restaurant and brewery tours. The brewery’s move is awaiting Patchogue Village approvals and relocation of the West Main Street building’s current tenants. The brewing company plans to expand its workforce from 37 employees to 67 as part of the move.

A Brooklyn bagel and bialy maker is picking up stakes after 70 years and moving to Long Island. Bagels by Bell plans to expand to a 32,000-square-foot site in Oceanside. The plan is to relocate to the larger Oceanside site, automate more of his bagel production and focus on bialys, which have to be made by hand. To finance the move to Oceanside and the purchase of new equipment, the Bells sold a 6,000-squre-foot warehouse and are in contract to sell their Canarsie plant. The company expects its entire workforce of about 50 will move to the new site, and it plans to hire about 10 employees every year for the first three years after the move. It takes about three to four months to train workers to make bialys.

A new ShopRite opened in Massapequa, at a former Waldbaum’s site purchased from the bankrupt A&P chain. The renovated 67,000-square-foot store at 5508 Sunrise Hwy. opened November 1st. ShopRite of Massapequa is operated by Buonadonna ShopRite, LLC, a family-owned and operated company that also runs ShopRite’s in Bay Shore and West Babylon. When it is fully staffed the store will employ 175 full- and part-time workers. The Massapequa supermarket is one of four Waldbaum’s and Pathmark stores on Long Island bought by Wakefern from A&P.

Long Island’s newest shopping center, the Shoppes at East Wind, has opened in Wading River. The Shoppes at East Wind houses 28 specialty retail and boutique stores, ranging from 500 to 2,000 square feet. The grand opening ran from Oct. 28 to 31, 2016. The shopping center contains two dozen free-standing stores connected by brick-paved walkways. A variety of local merchants sell jewelry, artwork, clothing, bridal dresses, ice cream and pizza. It also has a carousel in a courtyard with hand-carved horses and other fantasy figures.

Business Contractions and Closings

Suffolk County National Bank is expected to begin laying off 76 back-office workers in Riverhead in January. The reason for the layoffs is that Suffolk Bancorp, the bank’s Riverhead-based holding company, is being acquired by Connecticut-based People’s United Financial Inc. 65 employees at its headquarters on 4 W. Second St. and 11 workers at 206 Griffing Ave. will lose their jobs during a two-week period starting Jan. 26. The layoffs will affect back-office and administrative workers in areas such as information technology, which is based in the Griffing Avenue building, as well as finance and operations. People’s United Financial has agreed to give priority to Suffolk Bancorp employees who apply for jobs with the Connecticut bank. Last month, Suffolk Bancorp shareholders approved the proposed sale to People’s United. The deal is awaiting regulatory approval.

A Westbury aircraft parts manufacturer is expected to close its doors by August, laying off all 90 employees. Triumph Structures Long Island LLC will be laying off workers from Jan. 15 through Aug. 15, when the plant will close. The company is consolidating operations. In a filing with the Securities and Exchange Commission, Triumph Group said it was “transitioning the work being done at its facility in Westbury, New York to other Triumph Precision Components facilities.” The company did not indicate whether the affected employees would be eligible for transfer to the other facilities.

 

 

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