News: Long Island

Fagen and Lamport join Sabre Real Estate

Stuart Fagen, an experienced retail real estate professional and Beth Lamport, an experienced broker and former retail executive, have joined the N.Y. metropolitan area's newest retail real estate brokerage firm, Sabre Real Estate Group LLC as managing director and executive vice president respectively. Fagen, who has 17 years of experience in retail real estate, recently dissolved his retail brokerage company, the Fagen Group. Fagen was instrumental in the New York expansion of such retailers as WalMart, Commerce Bank, Starbucks, AT&T Wireless, EB Games, Rockaway Bedding, AutoZone, Yum Brands, Omaha Steaks, Quiznos, Verizon and Rita's Ices. Previously a director at Breslin Realty, Lamport also was a broker at Polimeni Realty and spent more 20 years as a marketing executive at Federal Department Stores, now known as Macy's Inc. As a tenant representative, Lamport has brought to N.Y. such businesses as Wachovia Bank, AC Moore, Tuesday Morning, Chico's, Miller's Ale House, Omaha Steak and Benihana. She currently represents Ulta Beauty, Trader Joe's, Tuesday Morning, Pet Supplies Plus, Chili's, Maggiano's and PGA Super Store.
MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.