News: Long Island

Prudential Douglas Elliman Real Estate brokers $900,000 sale

Prudential Douglans Elliman Real Estate recently brokered a $900,000 sale for a mixed-use 2-story building located at 208 Bedford Ave. It is an excellent income opportunity for a restaurant and two apartments. The listing agent was Bob Stark from Prudential Douglas Elliman Real Estate and the selling agent was Anthony Russo from Schuckman Real Estate.
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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.