News: Long Island

Syage of Hunt Corp. reps tenant, Investors Capital, in lease renewal

According to Hunt Corporate Services, Inc., Investors Capital has renewed their lease at 280 Main St. Chuck Syage of Hunt, represented the tenant in the lease negotiations. The landlord, The Carman Group, was self represented. "We evaluated the marketplace and suitable alternatives for Investors Capital. But I am pleased to report that we were able to negotiate an acceptable renewal for their present location, which I had previously negotiated on their behalf. The renewal will save them the cost of relocating," said Syage. Investors Capital Corporation (ICC) is the dually-registered independent broker/dealer and investment advisory firm of Investors Capital Holdings, Ltd. They offer full financial planning and brokerage capabilities, superior back-office support, practice management and marketing expertise, robust advisory platform and a wide range of investment products and services.
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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.