Melville, NY The Commercial and Industrial Brokers Society of Long Island (CIBS) announce the election of two new members and the re-election of two members to the governing board as the organization looks ahead to another year of growth, advocacy, and regional impact.
"CIBS is excited to announce our newly elected and re-elected board members," said co-president Ted Stratigos, principal and managing director at Avison Young. "Over the past year, our organization has made significant strides through a wide range of events, professional development sessions, and community initiatives. The addition of these new board members will bring fresh energy and ideas, ensuring that CIBS continues to innovate and thrive in the years to come. We are confident that their leadership will drive our mission forward and enhance the impact we have on the commercial real estate industry."
"Thank you to these four members for stepping up and taking on these important roles," said co-president David Pennetta, executive managing director at Cushman & Wakefield. "Their willingness to serve is a testament to their dedication and the collective strength of our organization. We look forward to their leadership and the fresh perspectives they will bring as we continue to advance the commercial and industrial real estate landscape on Long Island."
For 2025, CIBS announced the following key appointments:
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.