News: Long Island

LIREG New Gen volunteers donate and prep time to Ronald McDonald House of Long Island

Shown (from left) are: Chris Petracca, Scott Kaplan, Alexander Wong, Sean Cronin, Robert Gitto, Seth Martin, Greg Batista, and Lee Passavia.

New Hyde Park, NY Continuing a long tradition of charitable giving, a team of Long Island Real Estate Group (LIREG) New Gen volunteers donated a taco dinner and their time to prepare it for 80 residents of Ronald McDonald House of Long Island on May 7.            

The volunteers included Chris Petracca of First Nationwide Title; Scott Kaplan, executive vice president of North Hills Office Services, Inc.;  Alexander Wong, assistant vice president/director of project development at Castagna Realty Co., Inc./Americana Manhasset; Sean Cronin, partner in the Cronin and Cronin Law Firm; Robert Gitto of the Gitto Group; Seth Martin, CPA, partner at Friedman LLP; Greg Batista, a broker at Ripco Real Estate Corp.; and Lee Passavia, principal at the Domus Group.

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 almost 400 members.

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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.