News: Long Island

Gluckstal joins Sperry Van Ness

Corey Gluckstal, an entrepreneur with experience in real estate and a former corporate executive, has joined Long Island's newest commercial real estate brokerage, Sperry Van Ness Commercial Real Estate Advisors, in Holbrook, as an investment sales advisor. Gluckstal said he plans to use his network of business contacts to capitalize on his investment, entrepreneurial and financial expertise in the investment sales area with a focus on multifamily and single-tenant credit net-lease properties ranging from $1 to $25 million. "Corey Guckstal is a valuable addition to the Sperry Van Ness team and we expect him to play an important role as we develop our investment sales business," said David Madigan, president of Sperry Van Ness.
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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.