News: Long Island

Manditch honored by Long Island Museum

The Long Island Museum named Douglas Manditch, Empire National Bank's chairman and CEO, the organization's honoree for its 17th Annual Holiday Celebration Gala and Silent Auction. The November 6th event was held at the Stony Brook institution's Visitors Center. Manditch said it's a privilege to be recognized by the Long Island Museum. "The museum plays a vital role in informing Long Islanders about our region's heritage." "We are proud to have an opportunity to honor Doug Manditch this year. He has a deep commitment to corporate philanthropy that benefits the entire community. As a former member of our board of trustees, he was an enthusiastic supporter of the museum's educational mission. Doug truly understands how the Long Island Museum adds to the qualify of life in our community for people of all ages and backgrounds," said Jackie Day, the Long Island Museum's president and CEO. Empire National Bank is built upon the foundation of time-honored values, personal service and emerging technologies. The bank has developed a wide array of innovative products and services specifically designed to meet the needs of small to mid-sized privately owned businesses, professional practices and not-for-profit organizations seeking a "neighborhood" banking experience. Headquartered in Islandia, New York, Empire National Bank is led by a management team of experienced bankers who are committed to supporting the Long Island community.
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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.