News: Long Island

Delisle of Island Associates reps landlord in 2,160 s/f lease to Xclusive Spot

Island Associates (IA) leased 2,160 s/f of retail space to Xclusive Spot Men's Clothing, a men's retail clothing store located at 24 Wheeler Rd. Xclusive Spot joins Advance Auto, Islip Food Warehouse, Rainbow Shops, Rent-A-Center, Checkers and other tenants in this 82,000 s/f shopping center. Xclusive Spot's aggregate rental exceeds $660,000. This is Xclusive's first store on Long Island where their other sites are located in the Bronx. Roger Delisle of IA represented the landlord. IA is the exclusive leasing agent for the shopping center.
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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.