News: Long Island

Stapleton of NAI Long Island honored by IREM; Receives ARM of the Year Award

Timothy Stapleton, ARM, senior property manager at NAI Long Island, was the recipient of the greater New York chapter of the Institute of Real Estate Management's (IREM) Accredited Residential Manager (ARM) of the Year Award. He was recognized for his efforts in the restoration of four properties in Long Beach after Hurricane Sandy. Beginning the day after the storm, Stapleton was in Long Beach seven days a week coordinating and directing the restoration efforts at four buildings on Shore Rd. and was instrumental in getting over 540 families back into their homes, most within 45 days of the storm. He is a NYS licensed real estate broker and an ARM who has been managing residential properties for 25 years and manages some of NAI Long Island's most valued residential accounts. Founded in 1980, NAI Long Island is a full service commercial real estate organization providing sales, leasing, tenant/landlord representation, property management and consulting services. NAI Long Island is proud to be the Nassau, Suffolk, and Queens County representative of NAI Global. To learn more visit www.nailongisland.com. Follow us on Twitter (@nailongisland) and Facebook.
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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.