News: Long Island

Cohen Rudy joins Advantage Title as client mgr.

Lita Cohen Rudy has joined Advantage Title as a client manager and will be involved in sales, title closings and assisting the legal department at Advantage, one of Long Island's premier title insurance agencies. "Lita Cohen Rudy is a high-caliber, motivated individual with demonstrated skills in our industry and we are pleased to welcome her to our organization," said Joseph Willen, president and CEO of Advantage Title and the Advantage Group. "She brings a wealth of experience in the title business with an emphasis on high-end commercial transactions." A licensed social worker and real estate salesperson, Rudy was manager of commercial accounts and a title closer at Liberty Title Agency in Uniondale from 2003 until its closure earlier this year. Rudy said she enjoys working in the title business "because I enjoy overseeing and facilitating our clients needs from application to closing. The title process utilizes all the strengths from my past experiences. It is so satisfying when all the pieces come together at the closing table; it's like completing a jigsaw puzzle." Rudy is a second generation Gold Coast native whose family has been in real estate on Long Island for more than 60 years. She is a former co-president of the Sisterhood of Community Synagogue of Sands Point. Rudy also is a supporter of the Adelphi New York Statewide Breast Cancer Hotline and the Scleroderma Foundation.
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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.