News: Long Island

BOMA-LI will fold into the BOMA-NY chapter

Westbury, NY BOMA-LI said that they will fold the Long Island chapter into the BOMA-NY chapter as of January 1, 2024.

BOMA-NY has over 850 members, and offers regularly scheduled seminars and educational forums, networking and social events, online BOMI courses, legislative advocacy, and more.

Click here to access BOMA-NY’s website: https://www.bomany.org/about.html

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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.