News: Long Island

Andre Haddad: Where are we now, where are we headed and where are the opportunities?

Long Island's economy? Cyclical, difficult and dynamic! Our firm has persevered through many up and down cycles in our 122 years and I believe that these difficult and dynamic times do not call for rash decisions and reactions, but demand more forethought. We must take this time to reflect and plan our future and develop new ways to move forward by evaluating our past successes. It is our task to try to relieve some of the burden on the Long Island taxpayer by shifting the responsibility of funding projects from the municipalities to a method of public/private partnership or by having the private sector fund, design, build and maintain infrastructure to provide this relief. A successful business must seek out new designs and methods corresponding with associated non-traditional funding sources. These designs and methods must be cost efficient, sustainable, green and renewable to improve our quality of life. Andre Haddad is with Lockwood, Kessler & Bartlett, Inc., Syosset, N.Y.
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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.