News: Long Island

Leviton promoted to executive director at Cushman & Wakefield

Cushman & Wakefield, one of the world's largest privately held commercial real estate services firms, has promoted David Leviton to the position of executive director, Transaction Services. Leviton, who joined Cushman & Wakefield in 1991, was previously a senior director. He is based in the firm's Long Island office located in Melville, N.Y. Throughout his career, Leviton has negotiated complex office leasing transactions on behalf of tenants and landlords and facilitated office building sales in the Long Island region. Tenants he has represented include the State of New York, Equitable Life, Citicorp, Winthrop University Hospital, South Nassau Hospital, Fidelity Investments, Level 3 and Sprint. On behalf of landlords, Leviton has completed the successful leasing and marketing of properties totaling more than four million s/f. Most notably, in 2005, he completed one of the largest transactions in Long Island history with the 454,000 s/f lease for North Shore Long Island Jewish Hospital at i.park in Lake Success, N.Y.
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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.