News: Long Island

Hartman of Pliskin Realty brokers four Long Island retail leases

Garden City, NY Marvin Hartman, executive vice president at Pliskin Realty & Development, a New York-metropolitan area retail real estate brokerage, property management and investment firm, brokered the extension of four retail leases including for three brand name organizations, representing both the owner and tenant in each transaction. They included: • A 5-year lease extension for a 12,500 s/f building located at 713 Hillside Ave., New Hyde Park for P.C. Richard & Son. The property owner is New Hyde Park Stores, Inc. • A 7-year lease extension for a 10,000 s/f building located at 470 Patchogue-Holbrook Rd., Holbrook for Tutor Time. The property owner is Holbrook Associates Development Corp. • A 5-year lease extension for a 2,500 s/f space located at 721 Hillside Ave., New Hyde Park for Weight Watchers. The property owner is New Hyde Park Stores, Inc. • A 10-year lease extension for a 1,000 s/f space located at 779 Hillside Ave., New Hyde Park, NY for Lakeville Cleaners. The property owner is New Hyde Park Stores, Inc. Hartman is widely-recognized with the real estate industry and markets served for his in-depth knowledge and experience in retail leasing and development, retail and multi-family investment properties, and brokerage and management of commercial and multi-family properties. He is an accomplished dealmaker who has long-term relationships representing major national brands such as Advance Auto Parts. In addition, he is the longstanding broker for many private investors. Hartman received his bachelor of arts from Queens College and MBA from Pace University. He is a member of the International Council of Shopping Centers.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.