News: Long Island

Siano of Sabre RE Group arranges 4,000 s/f for Andrea's 25 Ristorante; Kabro Associates is property owner

Andrea's 25 Ristorante Italiano has signed a lease for a second location, in a deal arranged by Sabre Real Estate Group LLC. The family-run restaurant, whose first location in Commack opened in 2010, leased 4,000 s/f at Woodbury Common, the Euro-styled shopping center owned by Kabro Associates at Jericho Tpke. and Woodbury Rd. Graffiti American Grill formerly was located in the space at 8285 Jericho Tpke. The new restaurant is expected to open in mid-June. Sabre's managing principal, Jayson Siano, arranged the deal. Salvatore Sorrentino, a partner in the Commack restaurant, and Louis DiLuglio Jr. own the Woodbury operation. Sorrentino's family started Matteo's, a family style Italian restaurant, 20 years ago. The menu at the Andrea's 25 in Woodbury will be similar, but not identical, to that of the original, which officers a mix of classic northern and southern Italian dishes as well as some new Italian dishes. The new restaurant will offer family-style servings for two or more. Founded by Kenneth Breslin and Jayson Siano, experienced retail real estate professionals, Sabre Real Estate Group is a full-service retail real estate brokerage company focused on tenant and owner representation. Sabre also offers retail, restaurant and franchise consultation services, investment sales and property management.
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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.