News: Long Island

Appraisal Institute of Long Island holds annual golf outing June 15th

The Long Island Chapter of the Appraisal Institute held its annual Golf Outing June 15th, at Lido Golf Club. The event was very successful, and was hosted by Long Island AI Chapter president Glenn Gabberty, SRA, and golf chairs Anthony Marmorale, SRA and Gary Lane. The weather was sunny and mild, and everyone enjoyed a great day of golf, and evening social cocktail hour and big texas barbeque. Trophies and contests were won by the following: First place, Jim Barnett, Joe Savilia, Larry Slade; second place, Glen Sher, Alex Sher, Adam Friedman, Tony Pellegrino; third place, Matt Holtz, Neal Peysner, Dave Bahr, Wayne Covington; longest drive, Adam Friedman (300 yards!); closest to the pin, Neal Peysner; straightest drive, Wayne Covington; and chip-off contest, Adam Friedman.
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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.