News: Long Island

Hunt of Hunt Corp. named a 2013 CoStar Power Broker

According to Hunt Corporate Services, Inc., David Hunt, president of the company, has been named a 2013 CoStar Power Broker, by CoStar Group, Inc. This annual industry award recognizes distinguished professionals in commercial real estate brokerage by highlighting the achievements of the U.S. firms and individual brokers who closed the highest transaction volumes in commercial property sales or leases in 2013 within their respective markets. Hunt qualified as one of the top commercial brokers in the Long Island market based on the total leasing transactions he closed during the year. In order to be selected for this honor, Hunt's overall transaction volumes were evaluated against other commercial real estate brokers active in the region by CoStar Group, and subsequently ranked among the top brokers in the market. Hunt has been involved with the rental, sale, appraisal and construction of industrial and commercial real estate, primarily on Long Island, New York since 1973. Hunt founded Hunt Corporate Services, Inc. in January 1981 as an industrial and commercial consulting and brokerage firm, and Hunt Construction Services, Inc. to provide construction and maintenance services for New York metro companies. The aggregate value of commercial and industrial properties Hunt has leased or sold in the New York metro area exceeds half a billion dollars.
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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.