News: Long Island

Gottlieb of Schuckman Realty brokers 20,100 s/f

Edward Gottlieb of Schuckman Realty Inc. negotiated a long-term lease for Bridgehampton National Bank (BNB), a 5,100 s/f new branch on the main floor of Hauppauge Office Park, 898 Veterans Memorial Hwy., with an expected opening in the fall. In addition, BNB has also leased 15,000 s/f on the 5th floor of the same building as their new Western Hub Office. Schuckman Realty represented tenant, Bridgehampton National Bank. The landlord, Hauppauge Office Park Associates, LLC., was represented by David Moll and Bill Wilkes of Equity Development Consulting. BNB was established in 1910; this branch is their 22nd. BNB has also recently opened a branch at 4155 Veterans Memorial Hwy. in Ronkonkoma, near the Long Island MacArthur Airport, Schuckman Realty handled this lease as well.
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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.