Listen to this article As a family law attorney on Long Island for 14 years, I’ve learned what professional couples are most concerned with when they consult me. Division of assets. Alimony and child support. Custody. Visitation. Reputation. Their focus, quite understandably, is on resolving the matter at hand. Some are obsessed with “winning” and…
Listen to this article On April 23, the Federal Trade Commission passed a ban on noncompete agreements for almost all types of jobs, with major implications for employers and employees in both the private and public sectors. Historically, noncompete clauses have been included in employment agreements to prevent workers from joining or launching a rival…
Listen to this article In an area such as Long Island, settled hundreds of years ago, there are some homes and other structures that have stood for ages. Local historical societies, advocates and nonprofits are dedicated to preserving these examples of architecture from past eras that need to be restored with special care. That’s where…
Listen to this article Mount Sinai South Nassau has opened a $2 million epilepsy monitoring unit in the hospital’s expanded neurosciences program. The two-bed unit is designed to provide specialized diagnostic and monitoring care for people with epilepsy. “As we developed the plan to expand our neurosciences program and assessed the needs of the community,…
Listen to this article Rodney Harrison, the former Suffolk County police commissioner, has joined Petrone Risk, a Uniondale-based consulting firm. Harrison is serving as the senior managing director and chief strategy officer at the risk management and security firm. Harrison, whose leadership was credited in the arrest of the suspected Gilgo Beach serial killer, spent…
Listen to this article A former investment banker from Glen Cove was sentenced Wednesday in connection to a $1 million Ponzi scheme that targeted friends and acquaintances, officials said. Rand Heckler, who had pleaded guilty to second-degree grand larceny and first-degree scheme to defraud in April of 2023, was sentenced to two-and-a-half to seven-and-a-half years…
Listen to this article Interest rate hikes. Inflation. And more than a few failed banks recently closed by regulators. It’s been a rough climate for the banking industry. To ride out these and other storms, it helps to be strategic. Consider, for example, Dime Community Bank. “Over time, the bank has evolved, and leadership has…
Listen to this article Hicksville-based New York Community Bancorp has agreed to sell about $5 billion in loans to JP Morgan Chase, according to a company statement. The sale of mortgage warehouse loans is aimed at shoring up the institution’s financial profile and boosting its liquidity, according to banking observers. The move was welcomed by…
Listen to this article A Long Islander was sentenced in federal court in Central Islip on Tuesday in a $3 million bank loan scheme, officials said. Gary Confredo, also known as “Gary Conte,” the former operator of Goldstar Financial Management in Commack, was sentenced to 42 months in prison. Confredo, of East Northport, had pleaded…
Listen to this article New York State has launched Round XIV of the Regional Economic Development Council Initiative. This year there is $445 million in core capital grant and tax-credit funding for which applicants can apply. Along with programs from eight state agencies, the funding includes $100 million from Empire State Development, which is available…