In this episode, we catch up with former Babylon IDA CEO Matt McDonough to discuss his continued work advancing economic development, housing, and policy innovation across Long Island. Recently honored with the NYSEDC James W. Griffin Rising Star Award, Matt has been recognized for his leadership, community impact, and forward-thinking approach to development throughout our region. Links: McDonough PLLC: https://www.mcdonoughpllc.com/ New York State Economic Development Council (NYSEDC): https://www.nysedc.org/

On this episode of Economically Speaking, Babylon IDA CEO Tom Dolan sits down with Dorothy Roberts, president of the Long Island Hospitality Association. Listen as they explore the vital role the hospitality industry plays in Long Island’s economy—as well as the challenges it faces, the opportunities ahead, and the collaborative efforts needed to support its continued growth. Links: Long Island Hospitality Association (LIHA) - https://liha.org/ Discover Long Island - https://www.discoverlongisland.com/

Join Babylon IDA CEO Tom Dolan as he unpacks the latest economic trends, key statistics, and local indicators shaping the future of our town, region, and the nation. From job growth to inflation and everything in between, this episode offers insights into where we are—and where we might be headed. Have a question or a topic you'd like us to cover? Email us at info@babylonida.org.

On this episode of Economically Speaking, Babylon IDA CEO Tom Dolan sits down with Chris Kelly, Training Director at the Long Island Joint Apprenticeship and Training Committee (JATC). Together, they explore the current landscape of the electrician trade on Long Island and highlight how apprenticeship programs are building a strong pipeline of skilled workers. Tune in to learn how these programs are shaping the region’s workforce and creating lasting career opportunities in the trades. Links: Long Island Joint Apprenticeship and Training Committee (JATC): https://www.lijatc.org/ Construct Your Future: https://www.constructyourfuture.com/ Opportunities Long Island: https://www.opportunitieslongisland.org/

Join Babylon IDA CEO Tom Dolan as he briefly overviews key economic trends shaping the Town of Babylon and Long Island and the questions that will impact businesses moving forward in 2025.

On this episode, Babylon IDA CEO Tom Dolan talks with Liz Mirarchi, Executive Director of the Babylon Citizens Council on the Arts (BACCA), and Shawn S. Cullinane, President of the BACCA Board of Directors, about the connection between the local arts and business communities, the organization’s fiftieth anniversary, and their upcoming Harvest Moon Gala. If you want to attend BACCA’s Harvest Moon Gala on October 17, register here BACCA Website BACCA Contact: info@babylonarts.org Previous Economically Speaking episode with Liz Mirarchi (July 5, 2023)

On this episode, Babylon IDA CEO Tom Dolan previews the upcoming business summit on Thursday, September 26, focused on mental health and wellness in the workplace. This event will examine what steps local businesses can take to support their employees' mental and physical well-being and highlight the importance of wellness in sustaining a healthy, thriving business operation. Date: Thursday, September 26, 2024. Time: 8:30 AM to 10:00 AM. Where: East Farmingdale Fire Company, 930 Conklin Street, East Farmingdale, NY 11735. RSVP Economically Speaking Podcast: Mental Health Awareness with panelist Dr. Annmarie Wacha-Montes Working Healthy (Long Island Business News - August 18, 2022) Workers' mental health getting more attention from Long Island employers (Newsday - December 15, 2023) Health and wellness programs: key to employee success (Long Island Business News - August 30, 2024): https://libn.com/2024/08/30/health-and-wellness-programs-key-to-employee-success/.

On this episode of the Economically Speaking podcast, Babylon IDA CEO Tom Dolan talks with Matthew McDonough Esq., former CEO of the Babylon IDA and founder of McDonough PLLC, to refresh the audience on the basics of IDAs and what they can do to improve not just businesses in the area but also the communities they serve. As Babylon IDA CEO, McDonough oversaw significant development projects such as Wyandanch Rising and Copiague Downtown Revitalization. In addition to his time with the Babylon IDA, McDonough previously served as Babylon Village Attorney. Listen and hear the two discuss various topics related to IDAs, including how they came to be in New York, what incentives they are empowered to provide, and the importance of educating the public about their role in economic development throughout the state. Resources: Babylon IDA Contact Information: E-Mail: info@babylonida.org Phone: 631-587-3679 NYS Comptroller Report - Performance of Industrial Development Agencies in New York State Babylon Economic Inclusion Program (EIP) About Matthew McDonough

On July 19, the Town of Babylon and the Wounded Warrior Project will host the 17th annual Soldier Ride. Babylon CEO IDA Tom Dolan recently welcomed Councilman DuWayne Gregory back to Economically Speaking to discuss not only the upcoming event but also other programs the town has to support veterans. Also discussed is the Town of Babylon’s Ujima internship program. We encourage you to help support this excellent event that benefits injured servicemembers and their families. Checks should be made payable to the: Wounded Warrior Project C/O Town of Babylon IDA 47 West Main St., Suite 3, Babylon, NY 11702 Please DO NOT address your check to the Babylon IDA; any donations not made out to the Wounded Warrior Project will have to be returned. Links: Councilman DuWayne Gregory’s Biography Soldier Ride Information Town of Babylon Veterans Services Babylon Town internship program offers high schoolers an advance peek into the workplace (Newsday - July 24, 2019)

On this episode of the Economically Speaking podcast, Babylon IDA CEO Tom Dolan talks with Dr. Annmarie Wacha-Montes, PsyD, Clinical Director at Northwell Health’s Center for Traumatic Stress, Resilience & Recovery, about the importance of mental health awareness in the workplace. Since the COVID-19 pandemic, public attention has been paid to wellness issues and mental health, focusing on what employers can do to create a culture of understanding and assistance for staff.Listen to the episode for an informative discussion with Dr. Wacha-Montes about why this topic is vital for businesses and what can be done to ensure employees have the support they need.Resources: Northwell Health Center for Traumatic Stress, Resilience & Recovery: Call 833-327-1001 or email CTSRR@northwell.edu. Stress First Aid for Healthcare Workers US Surgeon General Workplace Mental Health & Well-Being Document