News: Long Island

Stalco completes renovation and expansion of Babylon Town Hall

Stalco Construction completed an extensive renovation and expansion of the old Babylon Town Hall, originally erected in 1917. The project converted the landmark structure listed on the National Register of Historic Places into the Town of Babylon History Museum at Old Town Hall. According to Stalco principal Kevin Harney, "Stalco performed the final, $700,000 phase of the restoration, which encompassed construction of a two-story, 800 s/f addition that houses a lobby and a hydraulic elevator, interior restorations within the original, historic structure and construction of the museum's exhibition space." Stalco served as general contractor for the final phase of the restoration. The project team also included historic restoration consultant and construction manager Historic Construction Management Corp. (HCMC); architect Laura Casale, AIA; structural engineer SDG Engineering LLC; and mechanical/plumbing/electrical engineer Sidney B. Bowne & Son, LLP.
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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.