News: Long Island

Weinstein joins A&G Realty as senior advisor

A&G Realty Partners is expanding its expertise with the appointment of Billy Weinstein as senior advisor. Reporting directly to co-presidents Andy Graiser and Emilio Amendola, Weinstein will be responsible for structuring creative real estate solutions for retailers in challenged situations. With 25 years of expertise in the marketplace, Weinstein was formerly CEO of Comp USA, where he was accredited for the company's successful reorganization and sale. Throughout his career, Weinstein has orchestrated in excess of $20 billion of transactions, many of which were complex and multi-dimensional in nature. "From continued consolidation to a lack of new real estate developments, the environment has significantly changed," said Andy Graiser. "As a result, retailers need to develop more creative strategies, and there is no one better than Billy at evaluating the situations and identifying alternate ways beyond real estate to achieve growth or successful corporate consolidations." Weinstein was previously a founding partner of The Ozer Group, a retail consulting and asset disposition firm, which was acquired by Gordon Brothers. Weinstein later became chief investment officer of Gordon Brothers, where he oversaw investment strategies across all divisions world-wide. Most recently. he served as managing director of Tiger Group, LLC, advising on various European deals.
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.