News: Long Island

de Seve and Lico of Breslin Realty complete $1.2 million sale in Oakdale

230 Montauk Highway - Oakdale, NY

Oakdale, NY Breslin Realty completed the sale of the former Meineke Car Care Center and property at 1230 Montauk Hwy.

The 17,424 s/f property was purchased for $1.2 million. The purchaser intends to use the property as the site of a future gas station & convenience store.

The transaction was arranged and negotiated by Bill de Seve and Russ Lico of the Breslin Organization.

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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.