News: Long Island

MacDougall of Breslin Realty acts for landlord in two leases totaling 3,000 s/f

Breslin Realty has brokered two lease signings at the Wheatley North Building, 87 Glen Cove Rd., a mixed-use building of retail, office and storage. World Tae Kwon Do Academy signed a lease for 2,000 s/f, for its second location. Its first facility operates in Port Washington. Richard MacDougall of Breslin Realty represented the landlord. iProdigy, a wireless telephone repair and maintenance store has taken 1,000 s/f of retail space. John Magnani of Daniel Gale Sotheby's International Realty represented the tenant while MacDougall represented the landlord.
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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.