News: Long Island

CIBS of Long Island elects Breslin to board

Kenneth Breslin, president of Garden City-based Breslin Realty Inc. was elected to the board of directors of the Commercial Industrial Brokers Society of Long Island (CIBS). He is the first retail real estate broker to serve on the organization's board. Breslin, of Old Westbury, heads the retail real estate brokerage arm of Breslin Realty Development and previously was vice president of development at Breslin Realty, where he directed the development of more than 3 million s/f of retail space. "We are pleased to have Ken Breslin join our board and expand our representation of brokers in all segments of commercial real estate brokerage," said Ray Ruiz, president of CIBS. In addition to being on the board of CIBS, Breslin serves on the boards of Esquire Bank; the Long Island Real Estate Group; Realty Resources, a national network of retail real estate brokers, and the Children's Medical Fund Corporate Alliance for the benefit of Schneider Children's Hospital. Breslin is a member of the New York State Bar Association and graduate of the University of Denver and Hofstra University School of Law. Founded in 1992 to unify the commercial brokerage community, CIBS today is the largest commercial real estate organization in Nassau and Suffolk Counties with more than 340 members. The organization's mission includes strengthening and uniting the industry, advocacy of professional standards, maintenance of a positive image for the industry and fostering economic development on Long Island. For more information about CIBS, visit www.cibs-li.org.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.