News: Long Island

Forchelli, Curto, Deegan, Schwartz, Mineo, Cohn, & Terrana expands headquarter space by 7,200 s/f

In 2009, Forchelli, Curto, Deegan, Schwartz, Mineo, Cohn & Terrana LLP (the firm) signed a 10-year lease for 35,000 s/f at The Omni, 333 Earle Ovington Blvd. The firm recently added an additional 7,200 s/f to its headquarters located on the top floor of RXR's The Omni Building. In keeping with the rest of the firm's office space, the build-out of the additional space will include a multitude of green and sustainable construction materials and techniques. Managing partner Jeffrey Forchelli said the additional 7,200 s/f expansion of the current office space is expected to accommodate 19 additional attorneys and will give us almost the entire top floor. "We designed the space to be in keeping with the existing space." In making the announcement, Forchelli noted the continued growth of the firm, citing the expansion of practice areas and personnel. As an outgrowth of its corporate and transactional practice, in the fall of 2010, the firm added a specialized Veterinary Practice Group. In 2011, the firm added seven new attorneys including a former Justice of the New York State Supreme Court, as the firm's new head of litigation, and new corporate, banking and finance practice group attorneys. In addition, the merger with a boutique Nassau-based employment and labor firm resulted in a new head of the employment and labor practice and two associates. Attorneys Brian Sahn and John Terrana oversaw the lease negotiations with RXR Realty - the landlord at The Omni.
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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.