News: Long Island

City of Long Beach recognizes New Gen members of LIREG

The city presented a proclamation to members of the Long Island Real Estate Group's (LIREG) New Generation group for their efforts in assisting the Martin Luther King Jr. Center, a social services agency, recover from the effects of Superstorm Sandy. The proclamation, presented at a March 19th city council meeting by city council president Scott Mandel, recognized the New Gen members for the donations they made to the center. The group purchased supplies and household items and delivered them to the center despite the difficulty of getting around Long Island during the first few days after Superstorm Sandy. Formed in 2008, LIREG's New Gen group aims to attract 35 and under real estate and related industry professionals as members of LIREG and to foster a charitable giving and networking environment. It provides the opportunity for members to interact with their peers through active participation in specific charitable projects and social events, as well as to integrate with leaders in the industry as part of the greater LIREG organization. Shown (from left) are: Long Beach city manager Jack Schnirman, city council members John McLaughlin, Eileen Goggin, and Len Torres, city council president Scott Mandel, Sean Cronin of Cronin & Cronin Law Firm, Bram Weber of Weber Law Group, A.J. Johnston of Metropolis Property Group, Lee Passavia of Domus Group LLC and Heather Dolland of Roux Associates Inc.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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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.