News: Long Island

Gladstone of Coldwell Banker Commercial NRT brokers $705,000 sale

Gail Gladstone of Coldwell Banker Commercial NRT successfully marketed 264 Main St., a 2-story building in the Heart of Huntington Village that dates back to the 1800s. Totally renovated, Ethan's of London operated at this location for 21 years. They are temporarily relocating until permanently moving down south. Zachary's, a Manhattan jewelry manufacturer, is making this building its home and will be presenting custom made high-end jewelry on the first floor while the second floor will be used for the manufacturing operation. The sale price is $705,000.
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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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Columns and Thought Leadership
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.