News: Long Island

Sabre Real Estate Group arranges 38,899 s/f lease for UFC Gym; Lamport and bomzer represented the landlord

NEW HYDE PARK, NY Sabre Real Estate Group LLC, the metropolitan region's newest retail brokerage, has arranged a lease for the first East Coast location of UFC Gym. The new fitness club will locate at 2020 Jericho Tpke., a 38,899 s/f, freestanding building at the corner of Nassau Terminal Rd. that formerly housed a King Kullen supermarket. The new gym is scheduled to open in April. Beth Lamport, an executive vice president of Sabre, and Doug Bomzer, a senior associate, represented the landlord, King Kullen. UFC Gym was represented by RKF.
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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.