News: Long Island

Judy Simoncic: Where are we now, where are we headed and where are the opportunities?

The downturn in the real estate market has clearly impacted the practice of real estate development. As an attorney specializing in land use and zoning, the current economy has put a tremendous amount of pressure on attorneys to secure quick zoning approvals at the least possible cost for clients. There are still many development opportunities for clients; however, more than ever I find that I am aggressively pushing applications through the approval process. In this economy, clients can not afford to carry projects while they wait for approvals as they did in the past. In todays economy, my focus has turned to securing approvals as expeditiously as possible, while at the same time being mindful that the necessary steps are taken to achieve the clients' ultimate goals. Judy Simoncic is a partner at Forchelli, Curto, Deegan, Schwartz, Mineo, Cohn & Terrana, LLP, Uniondale, N.Y.
MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.