News: Long Island

Navarro of Breslin Realty sells 49,658 s/f property

Breslin Realty has completed the sale of the former T. Carlton's Spalon, located at 725 Smithtown Bypass (Rte. 347.) The property was acquired by Dr. Summer Sathi, a Neurosurgen. The property consists of 49,658 s/f, with a free-standing building of 3,600 s/f, with parking for 75 cars. Charles Navarro of Breslin arranged and negotiated the sale for the sellers.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.