News: Long Island

Sabre Real Estate and Breslin Realty Development arrange 19,300 s/f lease for Amvets Thrift Store

Sabre Real Estate Group LLC and Breslin Realty Development Corp. have arranged a lease for a new thrift store to be operated by the AMVETS National Service Foundation. The freestanding 19,300 s/f store, formerly used by Furn-a-Kit, opened in January. It is AMVETS first store on Long Island, although the not-for-profit picks up donations in the region. Sales of used clothing, household goods and toys at the store will support the organization veteran's programs. Sabre Real Estate's Beth Lamport and Breslin's Russ Lico represented AMVETS in the deal. Schuckman Realty represented the landlord, Royal Sunrise Realty LLC. Based in Lanham, Md., AMVETS provides support for veterans and the active military in procuring their earned entitlements, as well as community service and legislative reform that enhances the quality of life for this nation's citizens and veterans alike. To learn more visit www.amvets.org.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

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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.