News: Long Island

New Ground honors Buonaiuto of Empire National Bank

New Ground, a Hempstead-based agency dedicated to eradicating homelessness on Long Island, has honored Empire National Bank's president and COO Thomas Buonaiuto at the organization's 18th annual golf outing. "Homelessness on Long Island is often an unspoken issue, yet it impacts many segments of our population. It's a privilege to be honored by an organization dedicated to improving the quality of life for people trying to overcome this daunting hardship," said Buonaiuto. "We were very happy to honor Tom at this year's golf outing. Our mission of educating and empowering those who were once caught in the vicious cycle of homelessness reflects his ongoing commitment to the Long Island community," said New Ground executive director Shannon Boyle, LMSW. Shown (from left) are: Ira Prager, New Ground golf committee member; Jim Rubin, New Ground golf committee co-chair; Edward McDougal, president, New Ground board of directors; Buonaiuto; and Douglas Manditch, chairman and CEO, Empire National Bank. 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 has branches in Port Jefferson Station, Shirley and Mineola. For more information, visit empirenb.com
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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.