Mineola, NY The Long Island Real Estate Group (LIREG), the almost-400-member philanthropic and networking group, appointed real estate developer Peter Cosentino to its executive board.
Cosentino is president and founder of Commack-based Cosentino Realty Group, a full-service, family owned firm with expertise in the development, redevelopment and management of commercial properties.
Cosentino, whose expertise spans 25 years, started his business career alongside his late father, Peter Sr., and his brother, Michael, in a general contracting business where he learned the intricacies of construction. The business later expanded into real estate development and management.
The adjoining Cosentino Commerce Center and Crooked Hill Commons in Commack are the company’s most notable projects, consisting together of 1 million s/f on 100 acres. Tenants in the centers include Costco Wholesale, Target, HomeGoods, Guitar Center, Marshall’s, Sleepy’s, Starbucks, Shoprite, Joann Fabrics, The Tile Shop, Walmart, Kohl’s and Home Depot. Cosentino Realty’s newest project is a 40,00 s/f shopping center in Commack anchored by Chick-fil-A.
A resident of Laurel Hollow, NY, Cosentino is a member of the International Council of Shopping Centers and a board member of AHRC’s Suffolk County Chapter.
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.