News: Long Island

Arldon Realty negotiates with Cougar Management & Realty Services for Cause Marketing Solutions-3,000 s/f

Arldon Realty has recently concluded a lease signing for a 3,000 s/f office space at 500 Brook Ave. in Suffolk County. Cause Marketing Solutions will occupy two floors with1,500 s/f on each floor. The annual rent will be $30,000 with 3% escalations. Arldon will receive a full commission for this ten year lease. The transaction was negotiated with the management firm of Cougar Management & Realty Services.
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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.