News: Long Island

Lopez of Island Associates brokers 1,100 s/f lease to Energy Fuel; Wierzbicki of Pliskin Realty represented the tenant

Suzanne Lopez of Island Associates, the landlord's broker, along with Chris Wierzbicki of Pliskin Realty, the tenant's broker, has leased 1,100 s/f of the shopping center located at 369 Little East Neck Rd. to Energy Fuel.​ Energy Fuel prepares and serves health conscious food for both on site consumption and take-out. Energy Fuel joins Crunch Fitness, Subway, Babylon Bagel Shop, Village Salon and various other tenants at the shopping center. ​Energy Fuel entered a 15-year lease with an aggregate base rental of over $520,000.
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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.