News: Long Island

LICN joins NYSCAR and CIBS to present November 19th panel

On Tuesday, November 19th, The Long Island Commercial Network (LICN) joined with NYSCAR and CIBS to present a panel highlighting "Legislative Issues and New Advertising Regulations" relevant to Realtors at 58 South Service Rd. The speakers were: Mike Kelly, NYSAR director of government affairs and senior lobbyist; Karl Eckhart, NAR political director; and Anthony Gatto NYSAR director of legal services. The speakers talked about issues that have been dealt with over the past year including revising regulations for advertising that take into account current available tools and better allow for their use; dealing with the attempts to increase mortgage recording taxes which is detrimental to the industry; the flood insurance issues including finally getting the program extended for an additional five years despite wide opposition and the increased rates that will be seen and why; commercial issues with lead paint and remedying it; Internet tax; terrorism risk insurance and other interesting facts that are not well known but certainly affect our business. It was enlightening for all who attended and we appreciate the good work these people do for us. LICN is always right there to create opportunities to further enlighten its members and provide opportunities to refine skills, knowledge and experience so as to be the best we can be.
MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.