News: Long Island

Farrell Fritz, P.C. to present program - April 9

The deadline for filing a tax grievance on commercial properties in Suffolk County is Tuesday, May 20. Farrell Fritz, P.C. tax certiorari partners, Arthur Feldman and Willets Meyer, will present a program on Wednesday, April 9, regarding the tax grievance process. Hear how local municipalities assess property values and determine property taxes. Learn who should file for a tax grievance, including the indicators that make a commercial property a likely candidate for having its taxes reduced. The program will begin at 6 p.m. at the Southampton Inn (91 Hill St.). A light dinner will be served. There is no cost to attend; however, a reservation is required. Visit [email protected] to register. Farrell Fritz, The Southampton Chamber of Commerce and The Southampton Business Alliance look forward to welcoming owners, managers and taxpayers of commercial property at this program.
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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.