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Long Island
Posted: January 30, 2012
Schuckman Realty leases 3,588 s/f
Schuckman Realty Inc. announces the opening of Bethpage Federal Credit Union. The Credit Union signed a long-term ground lease and built a 3,588 s/f facility with multiple drive-thrus on pad site of Pathmark anchored Power Center. Co-tenancy includes Pet Smart, Starbucks and Ace Hardware, among others.
Kenneth Schuckman, vice president of Schuckman Realty Inc., represented the landlord, Basser Kaufman, and tenant in transaction.
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Long Island
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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.