News: Long Island

Stein named managing partner at Certilman Balin Adler & Hyman

Howard Stein

 

Bernard Hyman

 

East Meadow, NY Bernard Hyman has built his career as an established authority on real estate valuation, while simultaneously managing the second largest law firm on Long Island, Certilman Balin Adler & Hyman, LLP. His dedication to his clients and his leadership has steered the firm through 34 years. Hyman serves on the executive committee, and will continue to do so, but now he will be stepping down as managing partner while he continues to concentrate on his tax certiorari clients.

Effective January 1, 2023, Howard Stein, chair of the real estate group, became the firm’s new managing partner. Stein, who has practiced at the firm his entire career and serves on the executive committee said, “Bunny has led our firm for over three decades. His imprint is evident on the firm’s success. I am honored that my partners feel confident in me to continue what he has created. His are big shoes to fill.”

Stein is well-known for his counsel in matters relating to real property acquisitions, downtown redevelopments, sales, leasing, real estate finance and loan workouts, as well as all legal facets of assisted living communities and senior condominium living. He serves on the board of governors of Touro Law Center and was chairman from 2005 until 2022. As community leader, he serves on the board of ABLI as well as Vision Long Island. He also actively champions for charitable causes.

Hyman said, “Managing our firm was one of the greatest joys in my life. I know that Howie will continue to grow our firm, engage our people and provide the best services for our clients. With his reach into the community, there are so many possibilities. I look forward to continuing my work in the field of real estate valuation and looking ahead to our future.”

MORE FROM Long Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.