News: Long Island

Professional Profile: Salvatore Armao, 2013

Name: Salvatore Armao, CPA/PFS, CFP, CFE, CGMA Title: Managing Partner Company: Armao LLP Location: Garden City, N.Y. Birthplace: Brooklyn, N.Y. Education: Bachelor of science in Accounting degree from the City University of New York, Brooklyn College First job outside of real estate accounting: "Paper boy" for the original Long Island Press First job in real estate or allied field: Junior accountant for the firm of John Passuto, CPA What do you do now and what are you planning for the future? I am managing partner of Armao LLP, which commenced business on July 1, as the successor firm of Armao, Costa & Ricciardi, CPAs, P.C. I have been providing accounting, auditing and consulting services to labor unions and Taft-Hartley employee benefit plans for over 25 years. In addition to establishing the path and vision of the firm, I am closely involved with all of our engagements and clients. My plans for the future, which I share with the rest of the professionals at the firm, are for a positive trajectory of growth, client service and enhancement of the services we offer. How do you unwind from a busy day in real estate accounting? I enjoy a nice dinner with a glass of wine and settle down in front of the television. Favorite book or author: "Catcher in the Rye" by J.D. Salinger Favorite movie: All three "Godfather" films Last song you purchased/downloaded? "Blurred Lines" by Robin Thicke One word to describe your work environment: Professional Rules to live by in business: Always do what's right. Command respect. If you could invite one person to dinner (living or dead) who would it be and where would you go? Frank Sinatra at the former Jilly's Saloon on W. 52nd St. in NYC What is your dream job? Professional singer
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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.