News: Long Island

CIBS endows Hofstra scholarship in honor of Feldman

Cold Spring Harbor, NY The Commercial Industrial Brokers Society of Long Island (CIBS) completed its endowment of a $25,000 scholarship fund at Hofstra University in memory of Larry Feldman, real estate attorney and Farrell Fritz PC partner, who was an original CIBS board member and friend to many in the business community. The May 26th check presentation was awarded at the Cold Spring Country Club.The fund was established in 2012 to honor Feldman, who served as CIBS' counsel. Feldman, who specialized in real estate and land use and was at the forefront of commercial real estate development on L.I., passed away in 2009 at age 51. The Larry S. Feldman-CIBS Endowed Scholarship is awarded annually to a deserving student with an interest in real estate and selected on the basis of demonstrated academic achievement or potential and/or financial need. Pictured in a May 26 check presentation at the Cold Spring Country Club are (from left): Richard Guardino, executive dean of the Wilbur F. Breslin Center for Real Estate Studies and Hofstra University vice president for business development; Feldman's widow, Blaire Feldman; the Feldman's daughter, Mallie; CIBS immediate Past President Gary Joel Schacker, SIOR, of United Realty; CIBS strategic officer and former president David Pennetta, SIOR, of Cushman & Wakefield of Long Island Inc.; and current CIBS President David F. Chinitz, of Park Place Realty Group LLC. (Photo by Shelley Wax)
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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.