News: Long Island

ACC Space Inc. brokers two leases
totaling 22,000 s/f

147 E 2nd Street - Mineola, NY

Mineola, NY ACC Space Inc. negotiated two leases totaling 22,000 s/f. 

Day Elevator and Lift leased 12,000 s/f at 147 E 2nd St. a flex-building. Chip Entwistle and Kevin Lann of ACC represented the tenant. Jason Miller represented the landlord, Steel Equities.

Steel Equities fully renovated the building and Day Elevator was the perfect fit for the flex property which included 50% office space. ACC Space sold Day Elevator’s company headquarters in West Hempstead and relocated their business to Mineola

RXR Plaza - Uniondale, NY

Centerlight subleased 10,000 s/f at RXR Plaza in Uniondale. Maryanne Dugan and Evan Margolin of JLL represented the tenant. Entwistle and Lann represented RXR Realty (landlord) and Roman Associates (sub-landlord).

MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.