News: Long Island

Stalco Construction recognized by The Regional Alliance for Small Contractors

The Regional Alliance for Small Contractors recognized Stalco Construction, Inc. as the 2011 Construction Manager of the Year. Stalco president Alan Nahmias accepted the award during the organization's 19th Annual Awards Luncheon. "We are honored by this recognition as leading construction managers and supporters of minority contractors in the Greater New York area," said Nahmias. "The construction industry reflects the great diversity of our nation and The Regional Alliance for Small Contractors plays an import role in ensuring the variety of talent and backgrounds among the AEC firms." Stalco Construction is a commercial general contractor and construction manager active in the NY/NJ/CT Tri-state area. Alan Nahmias and Kevin G. Harney established the firm in 1992. In 2011, Building Design & Construction magazine ranked the company as the 75th largest contractor in the nation. ENR New York magazine currently ranks Stalco as the 25th largest contractor in the Tri-state area. The value of Stalco's current projects exceeds $80 million.
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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.