• The New York State Assembly adjourned after passing the last pieces of the 3,197 pages of legislation necessary to adopt the $178 billion state budget.  The ramifications of COVID-19 led to a budget process and final product unlike any other in our history. As a result of the pandemic, the state is facing a potential $15 billion deficit. While the entire state will struggle to recover economically, this budget did not contain anything specifically favorable to Long Island. Click here to read some highlights of the budget. 

  • This This issue of the LIA newsletter examines the economic impact of the coronavirus pandemic. After achieving record highs in the stock market, historically low unemployment rates and strong business activity, economic activity froze as non-essential workers were required to work from home and stay-at-home orders were implemented in New York and many other areas across the nation.

  • To keep you informed on the latest news regarding the LIA, we are providing you with clips of the most recent media coverage the LIA has received.

     

  • Updated April 7, 2020 Updated April 7, 2020

    Federal Resources for Small Businesses in response to COVID-19 (click on the hyperlinks to access more information)
     
    • Overview of the COVID-19 relief options available from the U.S. Small Business Administration: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options.
       
    • The four main categories for financial assistance that the SBA is providing, as authorized by the CARES Act signed into law by President Trump, include:
       
    • SBA also has a Lender Locator online that can assist small business owners and entrepreneurs find an eligible lenders who may participate in the Paycheck Protection Program.
       
    • The SBA Resource Partner Network provide business consulting, mentoring and training services now virtually through mediums such as Skype, Zoom, FaceTime, and telephone among others.
       
      • They can also assist small businesses with completing necessary paperwork and gathering information needed to apply for these types of assistance, all for free. 
         
      • Resource partners include Small Business Development Centers, SCORE, Women’s Business Center and Veterans Business Outreach Centers, among others.
         
    • The 2019 SBA New York Resource Guide can be found here. The 2020 Guide is not out yet.  Resource Partner contact info can be found starting on page 11.
       
    • You can also stay up to date via social media By following the SBA on Facebook or Instagram. On Twitter, you can also follow:
       
      • @SBAgov -> national SBA account.
         
      • @SBAatlantic -> SBA Atlantic Region (NY, NJ, PR, USVI).
         
      • @SBA_NewYork -> SBA New York District Office encompassing the Five Boroughs in addition to Long Island and the Lower Hudson Valley.
         
      • Additionally, SBA Administrator Jovita Carranza has her own Twitter at @SBAJovita.
  • Coronavirus Information Coronavirus Information

    UPDATED ON April 6, 2020

    Dear LIA Member:

    The Long Island Association (“LIA”) is in constant communication with our federal, state and local government and health officials as we monitor developments with respect to the coronavirus (COVID-19).
     

    We understand that in these tumultuous times, employers and employees have many questions about best practices, proper protocols and financial and technical assistance that may be available to help manage your business. As coronavirus cases continue to rise in New York, it is important that employers and employees follow the guidance of these experts to better understand how this pandemic will impact you personally and in your business.
     

    To help keep up with the quickly changing response to the COVID-19 pandemic, below are some important resources related to the economic impacts for businesses and workers:
     

    Federal Resources:
     

    New York State Resources:
    • New York State has a landing page for all offers of assistance. This page provides clear and concise directions for where people should direct offers of assistance from healthcare professionals, where they can sell products to help with response, how to help NYS manufacture products, and donations of goods and services. Please refer to https://coronavirus.health.ny.gov/get-involved-how-you-can-help

    • Also, many businesses and organizations have expressed a desire to support New York State as it responds to the virus outbreak. Individuals or groups looking to volunteer or contribute to the State’s effort should contact the Governor’s Office at covid19assistance@exec.ny.gov.
       

    Nassau and Suffolk Counties: 
     
    For information related to the resources and support available on the local level, please click on these Nassau and Suffolk County pages for more information:https://www.nassaucountyny.gov/4946/Coronavirus-COVID-19
     
    Suffolk County Executive Steve Bellone has established the Suffolk County Business Recovery Unit to serve as a one stop for business questions and resources related to impacts as a result of COVID 19 and for data collection for economic and workforce impacts. Please click here for more information: https://suffolkcountyny.gov/Departments/Economic-Development-and-Planning/Business-Recovery-Unit.
     

    The LIA has taken a series of steps to combat the coronavirus in order to protect the health, safety and well-being of our staff, our members and the greater business community. This has led us to postpone all of our previously scheduled events, such as the annual Spring Luncheon and various committee meetings. When it is safe and practical, we will reschedule these events.


    As the leading voice for the region and our business community, the LIA remains available to you. While we have followed the recommendations of Governor Cuomo and others and encouraged working from home, we remain available to in case you need anything or have any questions. Please call or email us and we will do our best to assist you and respond as quickly as possible. You can reach our Vice President, Matt Cohen, at (631) 493-3002 and mcohen@longislandassociation.org.


    While we have postponed all of our events, the LIA has also began social distancing and other measures to help protect the public health while also serving the needs of our members. All LIA employees will continue to work, however, they will do so from home. They will be responsive to your voicemail messages and emails and they have been provided with the tools necessary to work effectively from a remote location.


    The LIA will continue to closely watch developments and participate in conversations and response efforts led by government and health officials. We appreciate your patience and support during these uncertain times and we are committed to doing everything we can to slow the spread of this disease and keep us safe while continuing to act as the voice of Long Island’s business community.

    To view more information and updated information click here


    Kevin S. Law

    President & CEO

    Long Island Association

  • New York State signed an agreement with the federal government for the CARES act. This extends the number of people who are eligible for unemployment insurance benefits. Please see the flow chart here. Independent contractors, per diem/part time, etc. may qualify under this new legislation. Please see the attached flowchart, as well as the info sheet on what is considered "not traditionally eligible for UI benefits."

     
    For the most up-to-date information on unemployment insurance and the CARES Act, please visit this link: https://www.labor.ny.gov/ui/cares-act.shtm. This link will continuously be updated with new information as it becomes available.

     

    Also, the CDC has released guidelines related to waste management and COVID19. You can find more information on the DEC website, in particular about bottle bill beverage container redemption, please visit this link: https://www.dec.ny.gov/chemical/119925.html

     

    For businesses that have questions about the essential business guidance or other business-related questions, Empire State Development has created a helpful FAQ which can be found here: https://esd.ny.gov/novel-coronavirus-faq-businesses​.​

  • On March 29, 2020, the Governor announced that New York State on Pause has been extended until April 15th. More information can be found here: https://coronavirus.health.ny.gov/home
     

    NYS signed an agreement with the federal government for the CARE act. This extends the number of people who are eligible for unemployment insurance benefits. Please see attached flow chart. Independent contractors, per diem/part time, etc. may qualify under this new legislation. Please see the attached flowchart, as well as the attached info sheet on what is considered "not traditionally eligible for UI benefits."
     

    The CDC has released guidelines related to waste management and COVID19. You can find more information on the DEC website, in particular about bottle bill beverage container redemption, please visit this link: https://www.dec.ny.gov/chemical/119925.html
     

    For businesses that have questions about the essential business guidance or other business-related questions, Empire State Development has created a helpful FAQ which can be found here: https://esd.ny.gov/novel-coronavirus-faq-businesses.​

  • Governor Andrew Cuomo:
    “Since 1926, the LIA has worked tirelessly to make Long Island a great place to live, work and visit; supporting and stimulating area businesses and improving the quality of life for residents and families. I commend LIA President & CEO Kevin Law, the terrific Board of Directors and your dedicated staff for all the good things you do for the businesses and people of Long Island and New York State.”