News: Long Island

Arldon Realty leases 4,800 s/f to The Corp. of Engineers

Arldon Realty has leased 4,800 s/f of office space to The Corp. of Engineers for a new recruiting office. They co-brokered the deal with Nancy Lustig at Lustig Realty. The owner is CL Realty. The space was leased for 5 years with a 5 year option. The second floor has 3,800 s/f which is still available.
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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.