News: Long Island

Grassi & Co. adds Schachter, Bracone, Goodman and Rosenthal

Grassi & Co. has added to its financial services team, which is composed of four partners and three principals, including partners James Anziano, Robert Castro and Gary Purwin. The recent additions are: Robert Schachter is a tax partner within Grassi's financial services practice. He has public accounting experience that spans more than 25 years with transactions involving financial products‚ derivatives‚ tax efficient trading and investment strategies. Steve Bracone serves as a tax principal specializing in financial services entities including domestic and offshore funds, master-feeder funds, fund of funds, mutual funds and investment advisors. He has 20 years of experience in advising investment companies, privately held companies and public companies, in a variety of industries. Barry Goodman is an audit principal within the firm's financial services practice and has 20 years of accounting experience. He specializes in providing accounting solutions for hedge funds, private equity funds, fund of funds and closed-end mutual funds. Amy Rosenthal is a tax principal at Grassi and has practiced in public accounting for 25 years, including 20 years of tax consulting and tax planning experience. Rosenthal works with clients on tax compliance, tax planning, and audit controversy matters. Rosenthal has extensive experience in federal and state issues for both partnerships and corporations. "Recognizing the importance of the Financial Services Industry in the New York market, we are committed to building our financial services practice and providing our clients with a diverse platform of services as well as the peace of mind that comes with relying on one trusted partner for all their needs," said Louis Grassi, CPA, CFE, managing partner. "We pride ourselves by providing "Big 4" quality work while still maintaining a personal approach."
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.