News: Long Island

Castellano of PW Grosser Consulting appointed to exec. board of LI Business Development Council

According to PW Grosser Consulting, vice president and COO Frank Castellano, PG has been appointed to the executive board of the LI Business Development Council. He has been with PWGC for over 19 years and has extensive experience in serving public and private clients on Long Island and throughout the NY Metro area. With his environmental consulting knowledge Castellano has developed a reputation for formulating practical solutions to complex environmental challenges and providing a high level of client service in support of real property transactions for private equity investors, developers, and lending institutions. He received his masters in Hydrogeology from Adelphi University and his bachelor's in Water Resources from SUNY. As COO Castellano is a vital part of the firm's management team and is responsible for the development of much of the firm's clientele, professional staff and individual business lines. In addition to his responsibilities at PWGC, Castellano is also very active in the Long Island business community, where he frequently speaks on topics ranging from environmental risk management to the demands associated with the governance and growth of environmental consulting firms in the Long Island marketplace. PWGC is proud of Frank Castellano on all of his achievements over the past years and would especially like to congratulate him on his new position on the LIBDC executive board. The Long Island Business Development Council since 1969 has been helping local businesses expand and create new jobs while also attracting new firms to the region. LIBDC helps its members form close associations and business relationships while providing a platform for an honest evaluation of Long Island's economy and future and the steps we must take to keep it strong. Membership includes bankers, real estate brokers, builders, developers and utilities, as well as universities, law firms, accountants, engineering firms and many others. The council also includes prominent government officials from New York State, Nassau and Suffolk counties, and county, town and village Industrial Development and Economic Development agencies. PWGC is a multidisciplinary firm founded by Paul W. Grosser, PhD, PE in 1990 providing federal, state, municipal and private clients with strategic environmental consulting and engineering solutions. The firm's main office is located in Bohemia, NY with branch offices in Seattle, WA and New York, NY. PWGC has 60+ diverse professionals including civil, chemical, and environmental engineers, hydrogeologists, geologists, and environmental scientists. PWGC has over20 years of experience specializing in a wide range of services including energy conservation and sustainability; civil/site, water/wastewater engineering; hazardous/non-hazardous waste management; comprehensive environmental, environmental/regulatory compliance; redevelopment, site assessments & remediation; natural resource management; and brownfield redevelopment consulting. PWGC provides these services to a multitude of clients ranging from developers and financial institutions, to municipalities and federal agencies. Some of our clients include the Suffolk County Departments of Public Works and Health Services, Town of Oyster Bay, Village of Lindenhurst, Incorporated Village of Freeport, North Fork Bank, Independence Community Bank, Rechler Equity Partners, Reckson Associates, Allstate Insurance, New York City Housing Authority, New York City Department of Design and Construction and Benjamin Development Company.
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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.