News: Long Island

Hoblin of Hunt Corporate Services represents tenant in 12,028 s/f lease

120 Commercial Street - Plainview, NY 120 Commercial Street - Plainview, NY
Plainview, NY According to Hunt Corporate Services, Inc., Innovative Glass Corp. has leased 12,028 s/f of flex space at 120 Commercial St. John Hoblin, associate broker at Hunt, represented the tenant. Michael Wallace of Atlantic Property Services Inc. represented the landlord. Innovative Glass Corporation was founded in 2003. With their Dynamic Glass products, they marry glass with electronics and other dynamic technologies, giving the user full control of light, privacy, sun glare and heat gain. LC Privacy Glass transforms from transparent to frosted in response to external stimuli such as voltage, heat or sunlight. SmartGlass adjusts tint according to sunlight reducing light and heat.
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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.