News: Long Island

Stalco Construction hosts Fifth Real Estate Movers & Shakers Reception

Stalco Construction, Inc., a New York City and Islandia, NY-based general contractor and construction manager, held a festive Oktoberfest-themed Fifth Real Estate Movers & Shakers Reception, a popular industry event that traditionally brings together Long Island's business executives and community leaders. More than 270 real estate, finance, architecture, engineering, and construction professionals attended the festivities at Stalco's headquarters. "We are excited to again host representatives of Long Island's top real estate and AEC companies," said Stalco principal & CEO Kevin Harney. "Stalco Real Estate Movers & Shakers Networking Receptions provide a much needed platform for our industry to discuss issues affecting both the building community and all businesses throughout the region." The event also raised funds for Ronald McDonald House Charities and Contractors For Kids (CFK) by auctioning off a New York Jets-autographed football helmet donated by Kevin Harney. Harney and Stalco President Alan Nahmias founded CFK, a charity supported by more than 300 construction, real estate and design professionals in 2005. To date, CFK has raised nearly $2.6 million and assisted more than 230 families of seriously ill children. CFK focuses on providing financial support related to the cost of medical treatments, travel and other expenses incurred by families of children struggling with serious diseases and medical conditions. Shown (from left) are: Wade Johnson, AIA, R Wade Johnson Design; Brian Moraghan, P.E., Moraghan Engineering; Scott Pavick, Stalco Construction; James Powers, AIA, Bohler Engineering; Charlene Cosman, First Presbyterian Church of Northport; Kevin Harney, Stalco Construction; Chuck Greenspan, FTA Development; E.J. McLaughlin, FTA Development; Lauren Mancuso, Stalco Construction; Gregory Batista, Pliskin Realty and Development; Joseph Ferraiuolo, East Hills Metro; and Melanie Soto-Medina, P.E., Cragnolin Design Associates.
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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.