News: Long Island

Janet Knipfing Membership Chair

Name: Janet Knipfing Title: Vice President Company: American Community Bank Address: 300 Glen St., Glen Cove, NY 11542 Birthplace and year: Westbury, N.Y., 1952 Family: Married to Bill Schult for 20 years; grown stepdaughter, Wendy Schult College: Adelphi University First job outside of real estate: I worked for my father at M.J. Knipfing & Sons - at the time "Long Island's Oldest Ford Dealer" First job in real estate or allied field: The Roslyn Savings Bank What do you do now and what are you planning for the future? I am commercial real estate lender with American Community Bank, an independently owned, Long Island, commercial bank. The bank operates nimbly, thanks to its local ownership and decision making, and provides excellent service, personalized attention and responsiveness to its customers, prospective clients and community. I have no desire to do anything else. Hobbies: Golf Person you admire most (outside of family): Eleanor Roosevelt Keys to success: Work hard and do the right thing. If you had to choose another vocation what would it be? Interior designer
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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.