News: Long Island

Hunt Corporate collaborates with SVN for 8,000 s/f lease to Pursuit Emergency Vehicles

Ronkonkoma, NY According to Hunt Corporate Services, Inc., Pursuit Emergency Vehicles, LLC, has leased 8,000 s/f of industrial space at 50 Roebling Ct. David Hunt, president of Hunt, exclusively represented the tenant. Stephen Stoehrer, of SVN, represented the landlord, 30-76 30th Street Realty LLC. Pursuit is relocating its Long Island branch location from Hauppauge.

“The proximity to the Long Island MacArthur Airport was a definite draw to this property,” said Hunt. “With multiple locations around the country, easy access to an airport was an attractive plus. In addition, Pursuit required a fenced and secure area for parking, which this property offered. Over 25 different sites were reviewed in the selection process.”

With locations in New York and Virginia, Pursuit partners with organizations such as; local and state governments, vehicle dealers, up-fitter assistance, large apparatus dealers, aftermarket equipment dealers, in house up-fit programs, and commercial fleets, to provide a full range of services to fit their specific vehicle equipment installation needs.

They custom fit emergency vehicles based on need including lights, sirens, radars, computers, cameras, 2-way radios, partitions, command cabinets, GPS tracking devices, and many other specific requirements.

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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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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.