News: Long Island

Hartman of Pliskin Realty arranges two leases totaling 4,200 s/f

Marving Hartman, Pliskin Realty

Holbrook, NY Marvin Hartman, executive vice president at Pliskin Realty & Development, has represented the landlord and tenants in two leases totaling 4,200 s/f. The properties included a 1,800 s/f space at 480-11 Patchogue-Holbrook Rd. leased to Blessing Nails, and a 2,400 s/f space at 480-13 Patchogue-Holbrook Rd. leased to Spin Cycle Laundromat. The owner/landlord for both properties is Holbrook Associates Development Corp.

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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.