News: Long Island

NYC/Downstate N.Y. chapter of SIOR elects new officers

SIOR is the leading professional commercial and industrial real estate association. With more than 3,200 members in 562 cities in 20 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists. SIOR chapters provide educational and networking opportunities for its members and for the commercial real estate community that it serves. A chapter serves as a conduit for information about SIOR, its programs and services, as well as for the trends, techniques and technologies that affect the profession. A chapter of SIOR is an independent component of and separate legal entity from the association, with privileges and responsibilities that are determined by SIOR's Board of Directors and its governance structure. The NYC/Downstate N.Y. chapter covers Downstate N.Y. counties of Bronx, Dutchess, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, Sullivan, Ulster, and Westchester. At their December meeting the new chapter officers were elected as follows: William O'Brien, SIOR, president; Frank Frizalone, SIOR, vice president; Richard Caputi, SIOR, secretary; and Jeffrey Schwartzberg, SIOR, treasurer.
MORE FROM Long Island

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.