News: Long Island

LICN held Annual Installation Dinner - January 17

On January 17, Fox Hollow Inn was the site of the the Annual Installation Dinner for LICN directors and executive board that is open to members only and free for them. It has proven to be a great way to start the New Year, helps build enthusiasm and serves as a catalyst for forming new business connections. Many were particularly interested in learning about the exciting new direction LICN will take in 2012. Many new members attended and used the evening to learn how to best utilize their LICN membership and its many perks. At any moment one could look around the room and see the members actively engaged in conversation. The seasoned members offering advice and information to the newer ones. That is one of the main goals of LICN and that is to train, mentor and encourage those new to the commercial arena so they can be more professional and better partners. As time passed the excitement grew for free raffle prizes that everyone has become accustomed to A few moments were set aside to thank our sponsors and recognize how important they are to the success of our group.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.