News: Long Island

Long Island Real Estate Group elects Einbinder president, new officers

David Einbinder, co-founder and principal of Hauppauge-based First Development Corp., was elected president of the Long Island Real Estate Group (LIREG). Einbinder is a founding member of LIREG and most recently was membership coordinator of the networking and philanthropic organization. He previously served as secretary of LIREG. Einbinder succeeds Richard Cohn, who served two years and remains on the LIREG executive board. Sam Yedid of the Melville law firm, Lazer, Aptheker, Rosella & Yedid, P.C. was elected vice president of LIREG. Eric Rubenstein, who in 2008 was named secretary of LIREG, was elected to the post for a new term. Rubenstein is a partner at the Uniondale law firm Ruskin Moscou Faltischek, P.C. Rob Merker, treasurer of LIREG since 2006 will continue in that position. A founding member of LIREG, he is president of Port Washington-based Merker Advisory Services. Michael Alderman, a partner in East Meadow-based CPA firm Alderman & Company, L.L.P., was elected chairman of LIREG's steering committee. Brad Cronin, a board member, was elected membership coordinator. Cronin is a partner in the Mineola law firm Cronin, Cronin and Harris PC.
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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.