News: Long Island

LICN holds annual installation dinner at the Milleridge Inn; Longtime member Smith named director emeritus

LICN held its annual installation dinner at the Milleridge Inn. Ed Smith who has been part of LICN for many years and a great support, was made director emeritus. It was a great night for members to get together and talk about their experiences, challenges and victories. Ira Zucker, president talked a bit about the plans for the upcoming year including some of the joint events scheduled with other real estate groups on Long Island. It was a good opportunity for sponsors to host vendor tables which is one of the many benefits of sponsorship. This allowed members and sponsors have an opportunity to speak in depth about what they do and how they can help one another. It was a wonderful evening and a fruitful one for many. ??
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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.