News: Long Island

CIBS honors Farrell Fritz with 2017 Associate Member of the Year; Award presented at organization’s Annual Meeting

Shown (from left) are: CIBS vice president David Leviton, Farrell Fritz counsel Jim DeVarso, partners Robert Sandler and Peter Curry, managing partner Bob Creighton, partners David Curry and John Racanelli, associatse Damian Racanelli, and CIBS president Kyle Burkhardt.

Woodbury, NY The Commercial Industrial Brokers Society (CIBS) of Long Island honored the law firm Farrell Fritz PC with its 2017 Associate Member of the Year Award.

The award, presented at the CIBS Annual Meeting at the Fox Hollow Inn recognizes and encourages the support and involvement of CIBS members and associate members in the activities of the real estate brokers group.

The lawyers at Farrell Fritz, and in particular partner, Peter Curry, CIBS’ general counsel, have provided support to CIBS since the organization’s founding in 1992 through their attorneys’ memberships, their participation in CIBS activities and as an annual sponsor of the organization.

“Farrell Fritz has been a staunch supporter of CIBS and this award recognizes the firm’s contributions and continued involvement in our organization,” said CIBS president Kyle Burkhardt.

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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.