News: Long Island

Tsiolis of Diversified Realty LI sells 98,000 s/f

Farmingdale, NY Tommy Tsiolis of Diversified Realty LI, Inc. was the sole broker in the sale of 1 Adams Blvd. 

The 98,000 s/f building is on 4.35 acres with 11 docks and six drive-in bays. The buyer was One Adams Owner LLC. The sale price was not disclosed.

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.