News: Long Island

WEDLI installs officers and board of directors

The Women Economic Developers of Long Island (WEDLI) recently installed its new officers and board of directors at a gala celebration at Danford's Inn in Port Jefferson. Dr. Ann Marie Scheidt, AVP Economic Development at Stony Brook University was installed as WEDLI's twelfth president. WEDLI is a 24 year old, not for profit organization whose goals are to foster economic development on Long Island. Its members are high-level decision-makers working either in economic development or in a company with impact on it. These outstanding women have all demonstrated community involvement and leadership in their respective fields. WEDLI's first meeting of the new season will take place on September 11 at 8 a.m. at The Woodlands, One South Woods Road, Woodbury, N.Y.        
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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.