News: Long Island

Fornabaio and Schulman of Vanderbilt broker 4,400 s/f lease

Valley Stream, NY Anthony Fornabaio and Ben Schulman of Vanderbilt Realty have negotiated a 4,400 s/f industrial lease signing at 396 Rockway Ave. The 10-year lease represents the new home of All About Records (AAR). Vanderbilt Realty was the exclusive broker.  

Vanderbilt is a commercial brokerage company in Glenwood Landing. They have been providing brokerage services for 20 years, specializing in leasing office, retail and industrial space and investment sales.  

Anthony Fornabaio, Vanderbilt Realty

 

Ben Schulman, Vanderbilt Realty

 

 

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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.