News: Long Island

Racanelli Realty Services represents 8,044 s/f

Racanelli Realty Services Inc., a full-service commercial, industrial, and retail real estate brokerage and property management firm, is the exclusive broker for a retail building located at 90 W. Jericho Turnpike. The free-standing, 8,044 s/f building is being offered for lease and available for occupancy. "This building is on one of Long Island's busiest, North Shore, East-West routes. It offers outstanding visibility, easy access and ample parking for diverse retail operations," said Racanelli Realty president Anthony Racanelli. Primary features of the building include: gas heat, air conditioning and a 225 amp electrical service.
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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.