News: Long Island

Alliance Real Estate Corp. sells 18,275 s/f

Beyer Graphics, a commercial printer, has purchased the 18,275 s/f industrial building at 50 Austin Blvd. from 119 Atlantic Realty Corp. for $1.7 million. The property is situated on 1 acre in the Hauppauge Industrial Park. Beyer has plans to use the property for additional manufacturing and warehousing. Beyer's Headquarters are located down the road at 30 Austin Blvd. Alberto Fiorini, managing principal, of Deer Park-based Alliance Real Estate Corp. brokered the deal for the Purchaser, Beyer Graphics and the seller 119 Atlantic Realty Corp. Alliance Real Estate Corp. handles all the facets of Industrial and Commercial real estate sales and leasing in Suffolk and Nassau counties.
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
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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.