News: Long Island

Pliskin Realty & Development brokers two leases totaling 30,000 s/f

Jeffrey Pliskin, founder and president of Pliskin Realty & Development, one of the New York-Metropolitan area's leading retail real estate brokerage and management firms, recently sold two buildings on Long Island. The properties include a 20,000 s/f, two-story retail and office building located at 500 Jericho Tpke. in Mineola, and a 10,000 s/f, two-story plus basement office building located at 179 Westbury Ave. in Carle Place. For the Mineola property, Pliskin represented a private investor. The buyer, a private investor, was represented by Martin Kapelner of AJA Properties. For the Carle Place property, Pliskin represented the owner. The buyer, the law firm of Sokoloff Stern LLP, whose offices had been located in Westbury, was represented by Harris Rousso of Real Estate Strategies, Ltd., Linda Jonas of Coach Realtors and Neil Creedon of Colliers Long Island. Pliskin, a member of the real estate industry, is also president of Zenith Management, the property management arm of Pliskin Realty & Development, currently managing 40 properties with over 200 tenants. He also is the founder and president of PRD Development, a full-service real estate development firm.
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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.