News: Long Island

Centrella and McCoy of NAI Long Island completes $5.5 million sale; Mitsubishi Motors is seller, NorthShore Motors is buyer

NAI Long Island has successfully completed the $5.5 million sale of 920-926 Middle Country Rd. Al Centrella and Dennis McCoy of NAI Long Island, represented Mitsubishi Motors Credit of America, and Joseph Bellavia & Sons represented the buyer, NorthShore Motors. The former Mitsubishi Motors and Mazda buildings will now be occupied by North Shore Chevrolet cars and trucks.
MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.