News: Long Island

Heilpern, Karson and Lomazow of CBRE-LI arrange 10,000 s/f lease

The Long Island office of CB Richard Ellis has arranged a 10,000 s/f lease for The Spector Group at 220 Crossways Park West. The New York-based architecture, interior design and master planning firm relocated its Long Island operations to the area from its previous space at 3111 New Hyde Park Rd. in North Hills, which Spector owns and converted to a medical building. The CBRE team of Philip Heilpern, Richard Karson and Martin Lomazow represented The Spector Group in the long-term lease.
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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.