News: Long Island

CDC of Long Island's Garvin receives 2008 Public Service Award

President and chief operating officer of Community Development Corporation of Long Island, Marianne Garvin received the 2008 Public Service Award from the Suffolk County Dr. Martin Luther King, Jr. commission. Each year, the commission honors outstanding individuals for their demonstrated record of dedication to civil rights in dealings with members of the general public. "Garvin's steadfast commitment to creating affordable housing opportunities and access to capital for small businesses significantly impacts Long Island communities," said the commission's luncheon chair, Florence Joyner. "Her work promotes lasting change that fosters stable communities and family cohesiveness." "My community development initiatives are guided by the values that are shared by the commission's mission: education, advocacy and training, principles that ensure long-term change and success. I accept this award on behalf of everyone at CDC of Long Island whose good work advances housing opportunities and small business capital for Long Island's communities," said Garvin. On Friday, January 18, at The Hyatt Regency Wind Watch in Hauppauge, the commission, presented its 19th Annual Awards Luncheon, "Building the Dream," where Garvin was honored. Proceeds from the annual luncheon enable the commission to continue providing college scholarships to deserving students in Suffolk County.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.