News: Long Island

Manger of SBA addresses first LIDC annual retreat

SBA Regional Administrator, Bill Manger addressed the first annual Long Island Development Corporation's strategic planning retreat held at Gurney's Inn. LIDC provides low cost, low down payment subordinate loans to small businesses and not-for-profits acquiring their own facilities throughout Long Island, New York, New Jersey & Connecticut. LIDC assisted Gurney's with its original expansion into a spa and world class resort.
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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.