News: Long Island

LIBBI sells Aromatherapy Essentials in Huntington Village for $370,000

Long Island Business Brokerage Inc., (LIBBI), brokered the sale of Aromatherapy Essentials located on 326 Main St. for $370,000. LIBBI, one of the only business brokerage firms operating under the guidelines of the Long Island Board of Realtors and the National Association of Realtors, took over the marketing of this business after 18 unsuccessful months with another firm. LIBBI's philosophy, "You did not hire us to sell this business; you hired us to get this business sold," is the only known business brokerage to encourage co-brokering, thus enhancing the sellers' opportunities to make a deal.
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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.