News: Long Island

Fedrow and Jensen join Prudential CRES

According to Prudential CRES Commercial Real Estate, one of the region's premier providers of comprehensive real estate services, Brian Jensen has joined the organization as a licensed real estate sales associate. He will be responsible for developing new relationships and transacting leases and sales within the commercial, industrial, retail and investment real estate sectors. Prior to joining Prudential CRES, Jensen served in the field of broadcast television. He began as sports intern for WABC-TV (New York, N.Y.), handling the sports segment for the station's "6 p.m." and "11 p.m." Evening Newscasts. He produced various sports programming including post-game interviews with members of the New York Jets, New York Knicks and New Jersey Devils, as well as producing highlight clips. This internship paved the way for his position as a supervisor of the Video Service Center for Triumph Communications (New York, N.Y.), and later as broadcast operator and Engineer with DIRECTV (Castle Rock, Col.), which had acquired Triumph. Jensen holds a bachelor of arts in Communications from Manhattan College (Riverdale, N.Y.) where he graduated summa cum laude. Michael Fedrow has also joined the organization as a licensed real estate sales associate. He will be responsible for developing new relationships and transacting leases and sales within the commercial, industrial, retail and investment real estate sectors. Prior to joining Prudential CRES, Fedrow was the owner of Symmetry Beauty Salon (Stony Brook, N.Y.), a successful enterprise which he operated for 28 years. Fedrow's higher education includes studies at the University of Arkansas, where he pursued a curriculum in The Arts. An active member of the local community, Fedrow is a member of the Stony Brook Rotary.
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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.