News: Long Island

Gettry Marcus merges with MLGW LLP

Woodbury, NY Gettry Marcus CPA, P.C. and MLGW LLP have merged the two certified public accounting firms, effective Jan. 1st. The combined firm will operate under the Gettry Marcus name.  The merger is part of Gettry Marcus’ strategic plan to expand its NYC presence.

MLGW was founded in 1972 as a full service accounting firm that offered a range of services for a diversified clientele representing a variety of industries. In MLGW, Gettry Marcus has found a firm with synergy, whose philosophy and commitment to quality and personal service is closely aligned with its own.

Peter Marx, Bruce Lange and Lester Weingarten will join Gettry Marcus as partners, along with ten staff members, and will continue to provide services to their existing clients as well as new Gettry Marcus clients. Through this merger, Gettry Marcus will add a new niche practice area, financial services, which will enhance their already comprehensive capabilities. “This merger will provide benefits to the clients and employees of both firms,” said Steven Marcus, managing partner of Gettry Marcus. “Gettry Marcus has the infrastructure needed to operate in a competitive environment.  We will work together as one firm continuing the tradition for excellent service, deep expertise and our promise to bring value to our clients.”

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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.