News: Long Island

Whitman Realty Group teams up with CresaPartners

CresaPartners, an international corporate real estate advisory firm that exclusively represents tenants, is celebrating the New Year with a new office in Long Island. Whitman Realty Group has teamed up with CresaPartners' Manhattan, Westchester County and Connecticut teams to serve the dynamic greater New York market. "We are extremely excited about joining the CresaPartners team. It is rare to find such a high level of like-minded professionals with a single focus: to serve clients and improve their bottom line," said Rich Caputi, founder and principal, Whitman Realty Group. "CresaPartners has an international presence and full line of integrated real estate services that will not only help our existing clients but also secure more assignments for the Long Island office." CresaPartners' Long Island office will be located on 999 Walt Whitman Rd., Suite 210 in Melville, N.Y. The company's Manhattan office is located at 100 Park Ave., 24th Floor. "CresaPartners was pleased to find a firm focused on tenant representation and corporate services to cover all of Long Island," said Michael Dow, president, CresaPartners LLC. "The addition of Whitman Realty, which has been in business since 1990, completes CresaPartners' coverage of the tri-state area."
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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.