News: Long Island

Burkhardt joins Cushman & Wakefield as senior director

Kyle Burkhardt has joined the Long Island office of Cushman & Wakefield as senior director. Previously a broker with Colliers International and a managing principal at Alliance Real Estate, Burkhardt is an industrial real estate sales and leasing specialist with extensive experience in both buyer/seller and tenant/landlord representation. Burkhardt formerly served as a financial analyst for Bear Sterns and loan officer for Concord Mortgage, giving him unique insight and understanding of the financial aspects of commercial real estate. Active in industry causes, Burkhardt is VP of the Commercial Industrial Brokers Society (CIBS) of L.I. "We are very happy to have Kyle join our Long Island team," said David Pennetta, Cushman & Wakefield's Long Island director. "Kyle's decade in the industry demonstrates his accomplishments of success, commitment and experience which are all required to achieve that milestone. Additionally Kyle is the Vice President of the Commercial Industrial Brokers Society which helps exemplify his team spirit, something all Cushman & Wakefield brokers endeavor towards."
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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.