News: Long Island

Hunt Corporate Services leases space to 4Thought Financial Group in Syosset

According to Hunt Corporate Services, Inc., 4Thought Financial Group, Inc. has leased office space at 6851 Jericho Tpke. for their corporate headquarters. Hunt represented the tenant in the negotiations. The landlord, Long Island Industrial Management, LLC represented themselves. 4Thought is consolidating two offices in Holbrook, and Woodbury, and relocating to Syosset. 4Thought strategically integrates protocols to keep financial plans on course, interweaving investment-management and financial-planning tools to deliver forward-thinking perspectives. They work with a broad range of enterprises that seek financial freedom for the health and security of their practices and clients. The new space is being renovated by the landlord to meet the tenant's specifications and occupancy is projected to occur by the end of October.
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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.