News: Long Island

Thompson and Zucker of Coldwell Banker Comm'l. NRT lease 1,000 s/f

Lois Thompson and Ira Zucker of Coldwell Banker NRT Realty leased a 1,000 s/f office suite on Shames Dr. The building is a 10,000 s/f class C office building with private parking. The new tenant, who is in the clothing business and will use this location as part showroom and part office, were delighted to have Thompson and Zucker assist them on both sides of the deal. Thompson, who is responsible for the educational series provided by LICN to its members, is currently a member of the LICN board of directors which Zucker joins beginning this month. This is another example of the successful working relationship the members of LICN enjoy.
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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.