News: Long Island

Barbuto of Southgate Commercial leases 900 s/f

Joseph Barbuto, Southgate Commercial

East Meadow, NY Southgate Commercial Real Estate has signed a 900 s/f lease at 573 East Meadow Ave.  The space will be an additional location of A-1 Universal Care Inc. Joseph Barbuto, MBA, CIREC, of Southgate Commercial, is the real estate agent who represented A-1 Universal Care and the landlord, 571 East Meadow Ave LLC.  

A-1 Universal Care Inc. is a multi-cultural not-for-profit organization founded in 1995 by a group of concerned parents. Their primary focus is to offer professional quality services for children and adults with intellectual and other developmental disabilities, leading to self-empowerment in becoming self-sufficient members of our communities in a meaningful way that preserves their dignity, self-respect and freedom of choice.

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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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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.