News: Long Island

LICN hosts Annual Gala at the Fox Hollow Inn on January 19

On January 19, LICN held their Annual Gala at the Fox Hollow Inn. The members and sponsors had some time to network. Many of the sponsors had booths set up around the room to facilitate the process. The board of directors was also installed. Many of the attendees won one of the many free prizes that were given out. The prizes were donated by the sponsors and members, with the majority coming from LICN itself. The Real Estate Journal was kind enough to contribute a free ad for the lucky winner, Jessica Spellman, that is worth over $3,000. Each member gets up to $50 education reimbursement, there are free education courses and business that is conducted between the members that cannot be replicated. LICN invites all who would like to learn more about what they have to offer, to attend one of their meetings the fourth Tuesday of the month at the ON PARADE diner on Jericho Tpke.
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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.