News: Long Island

Thompson of Coldwell Banker Commercial NRT discusses how being a board member has impacted her and her business

How has being a board member impacted you or your business? After  joining the Long Island Commercial Network a few years ago, I got the opportunity to meet and network with  many commercial practitioners.  This was an interesting panoply of varied viewpoints, methods and tactics.  But the highlight was the recognition, respect and exchange between us all. The group leadership was always pointed towards advancing our education, professionalism and opportunities.  I agreed to then chair the ethics committee and came to know the various members of the board of directors. I was honored last autumn to be asked to join that board.   I continue to see how this group strives and succeeds in advancing the knowledge, educational opportunities, networking and code of ethics. I recommend  that all commercial agents on Long Island join our group or a similar group, like NYSCAR or SIOR,  This provides a great foundation & resource on which to build your  support network.  It also gives one an advantage in negotiating successfully with agents you already know. Lois Thompson, LBA, is a broker associate for Coldwell Banker Commercial NRT, Syosset, N.Y.
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
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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.