News: Long Island

Brown & Altman, LLP relocates to larger 7,427 s/f office; Lease brokered by LaRuffa of NAI Long Island

The real estate law firm, Brown & Altman, LLP, has relocated its offices, almost tripling its space, to provide a new home for its growing practice. The firm is moving down the road from its former location, having leased 7,427 s/f at 538 Broadhollow Rd. "It is a beautiful building," said Keith Brown, managing partner of Brown & Altman said of the new location. "The new space will better accommodate our growing staff, allow us to serve our clients more efficiently and provide us with plenty of room to grow." David Altman, a partner at the firm, said, "The time has arrived when we needed more space. We have been very fortunate to grow our business and, with it, our staff." For the past five years, the firm sublet office space at 510 Broadhollow Rd. The firm was established in 2008, with offices originally in Garden City, New York, and now employs six attorneys. John LaRuffa, a principal at NAI Long Island, helped facilitate the lease for the new space with the landlord, Fairfield Properties. Brown & Altman obtained the space from Bridgehampton National Bank, which acquired it through its acquisition of First National Bank of New York.
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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.