News: Long Island

Asaro of Industry One Realty represents seller in $3.8 million sale; Schacker of United Realty represents buyer

Mario Asaro, Industry One Realty Corp.

 

Gary Joel Schacker, United Realty

 

Deer Park, NY Mario Asaro, SIOR, of Industry One Realty Corp. co-brokered the $3.8 million sale of a 15,000 s/f industrial building and the 1.88-acre lot located at 25 & 45 Brook Ave. 

Asaro represented the seller, SSB Realty Corp, and Gary Joel Schacker, SIOR, of United Realty, represented the buyer, DFA LLC.

Industry One Realty Corp is a full-service industrial real estate and commercial real estate firm with specialization in office space, industrial space, retail space, on all of Long Island, both Nassau and Suffolk Counties.

25 & 45 Brook Avenue - Deer Park, NY

 

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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.