News: Long Island

Manditch of Empire National Bank honored by Telecare

Empire National Bank's chairman and CEO Douglas Manditch was honored by Telecare at the organization's May 16th Golf Classic. The event was held simultaneously at Long Island's Piping Rock and Pine Hollow Country Clubs. "It's an honor to be recognized by Telecare," said Manditch. "The station, founded by Monsignor Thomas Hartman and the Diocese of Rockville Centre more than 40 years ago, has always been committed to providing viewers the best in Catholic television." He added that Telecare has the reputation, in the tri-state area and elsewhere, as the foremost source for quality, faith-based programming. "Doug Manditch is a wonderful man of faith and is dedicated to the community at large. He is a great honoree for us because of his deep commitment to people in need and to the community of Long Island and beyond. We are honored to have him as part of the Telecare family," said Telecare's president and CEO monsignor James Vlaun. 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. For more information, visit empirenb.com. ###
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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.