News: Long Island

Wierzbicki of Pliskin brokers 10-year, 2,500 s/f lease new nail salon and spa

Pliskin Realty & Development, a New York metropolitan area retail real estate brokerage, property management and investment firm, sales associate Christopher Wierzbicki has completed a 10-year lease for a 2,500 s/f retail space located at 11 Montauk Hwy. The property owner is Blue Maps Realty, LLC and the tenant is Brother Baolu, Inc. Wierzbicki represented the owner, while Ben Hakimian of Edna Marshaal Realty represented the tenant. The space, formerly a bar, is being converted into a nail salon and spa by Brother Baolu which owns and operates a similar nail salon in Philadelphia, PA. At Pliskin, Wierzbicki concentrates on both property sales and leasing assignments, representing property owners, tenants, and investors. He brings to the role diverse real estate and related financial experience and extensive sales, marketing and strategic planning skills. Prior to joining Pliskin, Wierzbicki served as a partner/office manager in the real estate advisory firm of Standard Associates. His professional background also includes roles as mortgage banker, partner in a real estate investment firm, mortgage loan office and licensed sales associate for a realtor selling both residential and commercial properties in the New York metropolitan area. Wierzbicki holds an associate degree in Business Administration from Nassau Community College. His higher education also includes Business Management studies at Farmingdale State University. Wierzbicki's professional credentials also include certifications stemming from his successful completion of the Long Island Board of Realtors' Salesperson Training program, Long Island Board of Realtors' Continuing Education program and the American Banking Association's Bank Point eLearning Monthly Training program. He resides in Seaford.
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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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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.