News: Long Island

LICN holds annual appreciation luncheon

Innovative Mentoring Program outcome of Annual Board of Directors Appreciation Luncheon for LICN. At the luncheon the past year's activities and accomplishments were reviewed. A new budget was approved and plans for 2008 were set in motion. New committees were formed to achieve the goals for the coming year. On tap will be the 2 major events for members and sponsors which are part of our schedule. There is one in January to kick off the New Year and one in August just to get together for an end of summer reprieve and networking opportunity. In addition, our monthly meetings continue where we share our "haves and wants" about properties we have available and those we need for clients. The meetings will continue to provide opportunities to be updated with what is happening in our industry as well as an educational segment. Finally, a new mentoring program will be launched this year. More information providing details for those who wish to participate will be provided shortly. Last year was a great year for growing our group and we hope to increase our membership and share this group experience with more of our colleagues this year. We look forward to a wonderful year together.
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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.