News: Long Island

Racanelli completes $2.5 million LEED Silver project for T.D. Bank

Racanelli Construction Company, Inc., a leading construction management, general contractor and design/build resource for commercial, industrial, retail, medical, pre-engineered and multi-unit residential projects, recently completed the $2.5 million construction of a new branch facility for T.D. Bank. Racanelli Construction served as the general contractor on the project which involved group-up construction of a 2,600 s/f facility. The Silver LEED-Certified project also entailed site, utilities, parking and landscaping. The branch is situated on a large site which had sloping elevations that Racanelli Construction effectively addressed. Construction began in June 2014. The new T.D. Bank branch reflects the standard T.D. Bank design with brick tower and white building. It features an exterior of brick and exterior insulating finishing system (EIFS). For the interior, Racanelli Construction applied wall coverings, paint, carpeting, tile and glass partitions. In addition to its construction services and its obtaining of Silver LEED Certification for all materials used on the project, Racanelli Construction worked in liaison with local building department agencies to obtain the required Certificate of Occupancy. Racanelli's team for this T.D. Bank project consisted of project executive Richard Racanelli, project supervisor Tom Cardinale and project manager Tony Inzirillo.
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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.