News: Long Island

Rechler Equity Partners celebrates 50th anniversary

Many of Long Island's leading real estate executives joined Rechler Equity Partners in celebrating an exceptional year for the firm, which not only celebrated its 50th anniversary in 2009, but also recorded one million s/f in leasing activity. Gregg Rechler and Mitchell Rechler presented commemorative glass plaques to a number of top brokers who made the one million s/f milestone possible. The more than 150 guests enjoyed hors d'œuvres and cocktails, as well as the unveiling of new, higher commission structures for the brokerage community.
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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.