News: Long Island

Coldwell Banker Comm'l. Rosner Assoc. completes 6,500 s/f lease

Andy Dorman, senior director of Coldwell Banker Commercial Rosner & Associates completed a 6,500 s/f office lease transaction at the Courthouse Corporate Center on Carleton Ave. ProVest, LLC signed a lease to occupy 6,500 s/f of prime office space in the 175,000 s/f class A building. ProVest is one of the nation's largest legal support services firm, providing the service of process and related services to many of the country's most notable law firms, financial institutions and insurance companies. ProVest chose the Courthouse Corporate Center location for the high building quality, excellent value and its immediate proximity to the Cohalan County Court Complex. Courthouse Corporate Center offers the most affordable high-quality office space on Long Island. The landlord provides turnkey, build-to-suit office space to fit tenant needs.
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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.