News: Long Island

Gordon of Sabre Real Estate Group arranges 900 s/f lease for Subway

Sabre Real Estate Group LLC, the metropolitan region's newest retail brokerage, has arranged a lease for Subway. The sandwich shop is expected to open this month in 900 s/f at the Merrick Mall, a shopping center at Merrick Ave. and Smith St. Amanda Gordon, a senior associate at Sabre and Edward Czarniak, a Sabre associate, represented the landlord, Merrick Fields LLC. Other tenants in the center include a Stop & Shop supermarket, CVS Pharmacy, Outback Steakhouse, Roslyn Savings Bank, and Carvel. Founded by Kenneth Breslin and Jayson Siano, experienced retail real estate professionals, Sabre Real Estate Group is a full-service retail real estate brokerage company focused on tenant and owner representation. Sabre also offers retail, restaurant and franchise consultation services, investment sales and property management.
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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.