News: Long Island

Babylon town supervisor Bellone speaks to CIBS brokers

Babylon town supervisor Steve Bellone told Long Island commercial brokers that county government "should take a more aggressive role" in attracting employers to Suffolk County, following what he called "the Babylon model" of delivering government services. Bellone (center) meets with CIBS president David Pennetta, of Oxford & Simpson (left), and board member Alberto Fiorino, of Alliance Real Estate Corp. (right) after meeting.
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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.