News: Long Island

LIREG hosts Suffolk County executive Bellone at March 7 meeting

The Long Island Real Estate Group hosted Suffolk County's new county executive, Steve Bellone, at a March 7 breakfast meeting at the Old Westbury Country Club. Bellone told the gathering, which attracted more than 150 members and guests, that he intends to make reforms at the Suffolk County industrial Development Agency and that "he will use the bully pulpit to speed along projects" requiring county approvals.
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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.