News: Long Island

Hempstead Sentinel Inc. implementing solar energy at 61 Chasner St.

Glen Boehmer, president of family-owned Hempstead Sentinel Inc. dba Sentinel Printing is introducing solar energy to its facility at 61 Chasner St. The company traces its origin back 150 years. Along with Roz Goldmacher, president/CEO Long Island Development Corp. (LIDC), Boehmer is shown here with his parents, Mr. & Mrs. William Boehmer, 2nd generation printers who accompanied Boehmer at the loan closing. This loan was made possible by securing a NYS Targeted Industry Loan executed by LIDC. They are looking to install a 22 kW system that will provide approximately 25,000 kw of electricity for their operation. Sentinel will be one of the first commercial installations in the village, and will produce enough power to support its digital print operations. Sentinel is working on becoming and receiving the printing industry's most stringent certification for sustainability: a member of the Sustainable Green Printing Partnership (SGP). They are one of the first Long Island firms to apply for the program. As a member of SGP, a company must continually strive to reduce its impact on the environment; a philosophy that parallels Sentinel's in being a responsible member of their community.
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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.