News: Long Island

Breslin Realty leases 20,000 s/f to Holiday Farms Supermarket

Franklin Sq., NY Breslin Realty brokered the signing of a long-term lease with Holiday Farms Supermarket at 206 New Hyde Park Rd.

Holiday Farms will be occupying 20,000 s/f in the Franklin Plaza shopping center, replacing King Kullen.

Holiday Farms is a Long Island-based, and locally owned supermarket and caterer. This will be the grocer’s fifth location, with other stores operating in Roslyn, Glen Head, Bayside, and Woodbury.

Cary Fabrikant of Breslin Realty represented the tenant. Robert Delavale of the Breslin organization represented the landlord.

Additional Franklin Plaza retail includes Rite Aid, Greek Xpress, Baskin Robbins, Memory Nails, Insight Hair Salon, New Generation Karate, and Olivetto Pizzeria.

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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.