News: Long Island

LIREG, members contribute $20,500 total to Long Beach hurricane relief

The Long Island Real Estate Group and individual members contributed $20,500 for Hurricane Sandy relief for two Long Beach institutions devastated by the storm: The Long Beach Senior Center and the Long Beach Recreational Center. The funds included a $15,000 contribution by the real estate networking and philanthropic group and $5,500 raised at a Jan. 24 benefit cocktail party at the Old Westbury Golf & Country. LIREG, formed in 2004 to encourage networking among Long Island real estate developers, owners and allied trades and to raise funds for charitable real estate-related projects on Long Island, has 300 members. Since its founding, LIREG has contributed more than $670,000 to numerous real estate-related projects undertaken by charities on Long Island For more information on upcoming events, please visit LIREG's website.
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.