News: Long Island

Rechler Equity Partners' 85 South Service Road chosen for fashion spread

Rechler Equity Partners' architecturally-significant, LEED-certified office building at 85 South Service Rd. has garnered wide praise in real estate and architectural circles since the company completed a top to bottom redevelopment of the property in 2012. Now a leading Long Island lifestyle publication has recognized the asset's style as well, choosing the building as the venue for its latest high fashion shoot (http://www.lipulse.com/trends/article/epic-mens-style). In addition to housing Rechler Equity's operations, including construction, architecture, leasing, finance, accounting, property management, asset management and environmental, the 20,000 s/f property also serves as a studio for the firm's significant art collection. A major component of the space is a grand gallery showcasing the commercial real estate company's 53-year history as well as the past, present and future developments and redevelopments in the market.
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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.