News: Long Island

Krieger named president of Long Island Builders Institute

Islandia, NY The Long Island Builders Institute (LIBI) named a new roster of officers and board members, including Steven Krieger of Engel Burman as president.

“On behalf of the entire membership of LIBI, we are honored to have these outstanding members of the Long Island real estate community provide us with their time, talent and expertise for our organization,” said Mitch Pally, LIBI CEO, in a written statement.

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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.