News: Long Island

Newmark Knight Frank promotes Berfas and Perna

Newmark Knight Frank's Long Island office starts the new year with the promotion of Scott Berfas and Richard Perna.  Berfas has been promoted to the position of managing director and Perna is now an associate director. "Both Berfas and Perna have shown extraordinary dedication and discipline in performing the ground work necessary to become successful in this business," said Chuck Tabone, managing principal. Berfas, a specialist in office tenant representation with a focus on the Long Island and metropolitan New York markets, joined the global real estate services firm in 2004 as an associate director, and achieved the rank of director in 2007. Richard Perna, son of executive managing director Ralph Perna, entered real estate through Newmark's Long Island office the winter of 2004, as an intern. He joined the company as an associate in 2005. Specializing in industrial and office tenant representation, Perna brings substantial leadership skills to his work with Newmark Knight Frank.
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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.