News: Long Island

Armao, Costa & Ricciardi, CPAs, P.C. named to Contractors For Kids Hall of Fame

Armao, Costa & Ricciardi, CPAs, P.C., has been named to the 2012 Hall of Fame of Contractors for Kids (CFK), a 501(c)(3) not-for-profit corporation founded to assist children and their families overcome obstacles that have affected their lives through sickness, injury or death of a child. The firm will be honored at CFK's "Best Damn Beach Party in March...EVER" event being held on March 2, at Atlantis Long Island Aquarium & Exhibition Center. The Hall of Fame acknowledges the spirit, dedication and exceptional support of businesses that have made a particular impact on achieving CFK's mission. Michael Costa, a founding partner of Armao, Costa & Ricciardi said, "As a longtime board member of Contractors for Kids, I speak for my entire firm when I say that it is a distinct honor to be inducted into the organization's Hall of Fame. Armao, Costa & Ricciardi is united with others who have affiliations with the construction industry in helping to build futures for children and their families who face extraordinary challenges. Our work is a mix of dealing with heartbreaking loss and witnessing great triumph over adversity." For over twenty-five years, Garden City, New York-based Armao, Costa & Ricciardi, CPAs, P.C., with offices in New York City and Greenwich, Conn., has provided auditing, tax and financial services to family owned and closely held businesses, labor unions, employee benefit plans, the construction industry, not-for-profit organizations, real estate owners, agents, brokers, developers and investors, professional service firms and high net-worth individuals.
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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.