News: Long Island

Grout Shield receives national recognition

After appearing on three remarkably successful national televised HSN broadcasts, Grout Shield president and developer Michael Stracuzza has secured his Grout Shield product line on the shelves of Ace Hardware, Do it Best and True Value hardware stores across Long Island, as well as Greschlers Hardware in Brooklyn. Stracuzza, who developed Grout Shield in 1996, also has sights on expanding throughout the Southeast and Southwest of the United States with regional managers already in place. Additionally, Grout Shield has helped so many victims of the declining economy by encouraging individuals who have lost their jobs to launch their own home-based businesses. "There are more than 200 people who have contacted me and started their own business," said Stracuzza. "Many of them are people who were let go and couldn't find a job and are now making an income of up to $60,000 a year." As Grout Shield continues to build its path as a leader in home repair, Stracuzza is ready to take on the next challenge to find the "worst kitchen or bathroom in the U.S." and transform it to look like new. "I want to show the public how you can completely change the look of your kitchens or bathrooms for under $50," he said.
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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.