News: Long Island

Delavale of Breslin Realty leases 1,800 s/f to Verizon Wireless

Robert Delavale, Breslin Realty Robert Delavale, Breslin Realty
Baldwin, NY Breslin Realty has signed a long-term lease with Verizon Wireless at Baldwin Harbor Shopping Center. Verizon Wireless will occupy 1,800 s/f of the 82,000 s/f center, which is located on the north east corner of Atlantic Ave. & Grand Blvd. The transaction was arranged and negotiated for the landlord by Robert Delavale of the Breslin Organization.
Other tenants at Baldwin Harbor include Stop & Shop, CVS, GameStop, Chase Bank, and opening soon: Ace Hardware.
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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.