News: Long Island

LICN's monthly breakfast on March 26 a huge success

LICN's monthly breakfast held on March 26, at Parade Diner was a huge success with 72 attendees according to Bob Stark, LICN president. LICN welcomed new members and sponsors, along with recognizing and thanking the following education/orientation committee members for their volunteering and help: Ed Smith, Bradley Diamond, Ira Zucker, Matt Scheriff, Paul Fetscher and Harvey Kolin. LICN's next education/orientation will be held May 18, from 9-11 a.m. at LIBOR Woodbury Service Center. Register at [email protected] The featured speake was Jason Kohl, CCIM, of Kohl Capital Associates. He spoke about solutions to commercial and business lending, with long term strategies. The next meeting is set for April 24, from 8-10 a.m. at Parade Diner, featuring Linda Bonarelli-Lugo, speaking on "Procuring Cause...Who's Going To Get Paid?" Also, join LICN on June 1-2 at The Long Island Real Estate and Business Renaissance hosted at Huntington Hilton for a live marketing and networking session. Visit www.lirebr.com for more information.
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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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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.