News: Long Island

Curtiss Wright renews lease at 175 Central Ave.

According to Hunt Corporate Services, Inc., Curtiss-Wright Controls Integrated Sensing has renewed their lease at 175 Central Ave. Curtiss-Wright Controls Integrated Sensing, a subsystem of Curtiss Wright Controls, produces a wide range of sensors and subsystem solutions for aerospace, defense and industrial applications. The 50,000 s/f building is 100% leased to tenants such as Carrier Enterprises and Chip-Tech. Hunt Corporate Services, Inc. is the exclusive leasing agent for the landlord/developer Anton-Cerrone Associates. Hunt Corporate Services, Inc. specializes in exclusively representing Long Island firms for the acquisition, lease renewal or disposition of commercial real estate.
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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.