News: Long Island

Fiore joins First Sterling as COO

According to First Sterling, a national real estate investment firm and leader in affordable housing, Kevin Fiore has been named its chief operating officer. In this newly created position, Fiore's financial, management and real estate skills will facilitate First Sterling's continued growth, development and operating efficiency. Fiore brings 17 years of accounting, finance, real estate and senior management experience to the firm. His career began at Arthur Anderson where he led various audit and consulting engagements of public and private companies. Fiore also held various senior level positions at Wyndham Worldwide, formerly Cendant Corp., and was involved in approximately $4 billion of acquisitions. Most recently, Fiore was the chief operating officer at P&F Management, a real estate development company. He is a C.P.A. with a B.S. in Accounting from University of Virginia.
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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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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.