News: Long Island

Cohen of Ashlind Properties arranges 30,000 s/f sub-lease in Ronkonkoma

Richard Cohen,
Ashlind Properties

Ronkonkoma, NY Richard Cohen, president of Ashlind Properties, has brokered a 30,000 s/f lease to  Artbean Inc. and Recommerce Group Industries. The 6.5-year sub-lease is for space at 2110 Fifth Ave. Artbean is an  E-commerce seller of art work and  Recommerce Group is an industry leader in returned product management, return center services, remanufacturing, reprocessing, repairing and recycling of consumer products.

MORE FROM Long Island

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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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.