News: Long Island

Hackett of Metro Realty Services is sole broker in $1.83 million sale

Jeremy Hackett

Bayshore, NY According to Metro Realty Services, LLC, a 7,000 s/f property at 1600 Harrison Ave. has been sold to 1600 Harrison Avenue LLC. The property traded for $1.83 million.

Jeremy Hackett, of Metro Realty Services, LLC represented both the buyer and the seller.

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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.