News: Long Island

CFK raises $140,000 at "Winter Wonderland" reception

More than 400 guests attended the "Winter Wonderland" dinner dance reception organized by Contractors For Kids (CFK), the largest Long Island charity supported by the construction, architecture, and real estate community. Founded by Stalco Construction and based in Islandia, CFK financially assists families struck by serious childhood illness. The organization raised $140,000 during the event held at The Crest Hollow Country Club. CFK recognized Gordon Huszagh, president and CEO of Suffolk County National Bank, for his contributions to the Long Island community and improving the quality of life of the region's children. Huszagh is a former chairman and a current vice chairman of Peconic Bay Medical Center, and a trustee of New York State Bankers Retirement System. Stalco Construction principal and CFK co-founder and chairman of executive board Kevin Harney said, "I would like to congratulate Gordon Huszagh on his community work and thank all supporters of Contractors for Kids for their volunteer efforts and financial contributions. This generous support by Long Island businesses and individuals has allowed CFK to financially assist over 200 families of children in need of surgeries, long-term medical care, and therapy." According to Stalco president and CFK co-founder and vice chairman of executive board Alan Nahmias, the organization offers help extending beyond payment of medical bills. "We have reimbursed travel costs related to cutting-edge treatments unavailable locally and provided aid to families unable to submit mortgage payments due to healthcare-related expenses. We also assist parents faced with the heartbreaking task of making funeral arrangements for their children," he said.
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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.