News: Long Island

Manditch of Empire National Bank honored by YMCA

The YMCA of Long Island has selected Empire National Bank's chairman and chief executive officer Douglas Manditch as honoree for the organization's 2014 golf outing. The annual event is scheduled for May 1st at the Huntington Crescent Club. "For more than 15 years I have been affiliated with the YMCA of Long Island. It has always been and continues to be a very rewarding relationship. The organization makes such a positive difference in the lives of thousands of Long Islanders. People from all walks of life and all ages both enjoy and benefit from its many programs and services. It's truly a privilege to be recognized by this organization that opens its doors and hearts to all our residents," said Manditch. "I've always subscribed to the idea that you make a living by what you get, but that you make a life by what you give. And Doug Manditch clearly believes this too because when he gives, he does so with his heart and soul; not just resources. As an active and committed board member of the YMCA for 5 years, Doug has demonstrated his compassion, visionary leadership and commitment to making Long Island a better place to live, work and play. He truly embodies the YMCA's core values of honesty, respect, caring and responsibility, and we are thrilled to honor him," remarked the YMCA of Long Island's president and chief executive officer Anne Brigis. Dedicated to helping small to mid-sized privately-owned businesses, professional practices, not-for-profit organizations, municipalities and real estate professionals grow and prosper, Empire National Bank is committed to bringing the personal touch back to customer service while providing a "neighborhood" banking experience. Headquartered in Islandia, New York, Empire National Bank has branches in Port Jefferson Station, Shirley and Mineola. For more information, visit empirenb.com
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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.