News: Long Island

Rubenstein elected secretary of LIREG

Eric Rubenstein, of Port Washington, has been elected secretary of the Long Island Real Estate Group. Rubenstein is a partner at the Uniondale law firm Ruskin Moscou Faltischek, P.C., where he is co-chair of the firm's real estate department. LIREG formed to encourage networking among Long Island real estate developers, owners and allied trades and to raise funds for charitable real estate-related projects on Long Island, now has 187 members. LIREG has contributed more than $150,000 to such charities as Haven House/Bridges Inc., Angela's House, Sunrise Day Camp, Ronald McDonald House of Long Island, Hospice Care Network and Habitat for Humanity. For more information go to www.LIREG.org.
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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.