News: Long Island

Delavale of Breslin Realty renews 2,200 s/f lease

Robert Delavale, Breslin Realty Robert Delavale, Breslin Realty

East Meadow, NY Breslin Realty has completed a long term lease renewal for Mama Theresa’s at Clearmeadow Plaza.

Mama Theresa’s is a sit-down pizzeria and Italian restaurant with additional Long Island locations in Garden City Park and Westbury. Their 2,200 s/f East Meadow location has been open since 2002.

The transaction was arranged and negotiated by Robert Delavale of the Breslin Org.

Additional Clearmeadow Plaza retail includes: Walmart, Stop & Shop, CVS, GameStop, Chase Bank, AT&T Wireless, and Bank of America.

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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.