News: Long Island

Armao forms Armao LLP, a newly-incorporated successor firm of Armao, Costa & Ricciardi, CPAs

Salvatore Armao, managing partner and co-founder of Armao, Costa & Ricciardi, CPAs, P.C., has formed Armao LLP. The newly-incorporated successor firm formally commenced business on July 1. Armao said, "Armao LLP continues the solid foundation my professional associates and I have established for over 25 years. With expertise in accounting and auditing services, labor unions and employee benefit plans, not-for-profit organizations, the construction industry, and forensic accounting and litigation support, we are moving forward with gusto and a strong sense of purpose." Armao said, "We're excited about the rebranding of our firm, which integrates the existing intrinsic worth our clients expect with fresh images and energy. While some businesses slow down in summertime, we anticipate this will be a time of great activity at Armao LLP." Armao LLP remains in its existing offices at 1055 Franklin Ave., Suite 204. As of July 1, callers can reach the firm at 516.320.7220 or [email protected]. Traditional and mobile websites launched on July 1, as well.
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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.