News: Long Island

Manditch of ENB to be honored by WMHO

Douglas Manditch will receive the Ward Melville Heritage Org.'s (WMHO) Community Leadership Award at the group's seventh annual "Jewels & Jeans" Dinner. The event will take place June 11th at Flowerfield."WMHO plays an integral role in preserving Long Island's rich history through its multi-faceted programs and preservation initiatives. It's truly an honor to be recognized by an association that has been a pillar of the community for more than 75 years," said Manditch, Empire National Bank's (ENB) chairman and CEO. "We are honored to have Doug Manditch as a recipient of our Community Leadership Award. It is also fitting that he loves history and the dinner proceeds will benefit our Stony Brook Grist Mill, c.1751," said WMHO president Gloria Rocchio. 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, Empire National Bank has branches in Port Jefferson Station, Shirley and Mineola.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.