News:
Long Island
Posted: January 16, 2024
United Properties sells 12,000 s/f retail/office
for $3.85 million
Plainview, NY United Properties Corp. closed the sale of a mixed-use property for $3.85 million.
1100 Old Country Rd., a retail and office building on the corner of Old Country Rd. and Plainview Rd., was purchased by The Beantown Companies. The building is 12,000 s/f situated on a .45-acre lot.
The buyer was represented by Bradley Diamond of Parallel Realty.
Tags:
Long Island
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
.gif)
.jpg)
Columns and Thought Leadership
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.