News: Long Island

Wierzbicki of Pliskin Realty completes 750 s/f lease

Pliskin Realty & Development sales associate Christopher Wierzbicki has brokered a five-year, 750 s/f lease with options for Expedia CruiseShipCenters Franchise's new location at 29a Merrick Ave. Wierzbicki, exclusively represented the tenant and consummated the transaction directly with the property landlords, Peter Spiliotis and Angelos Stamatelatos. Expedia CruiseShipCenters Franchise is a global leader in the marketing and sales of cruise vacations. The organization has been growing consistently for 25 years and now has a network of over 180 independently-owned franchise locations and 4,000 vacation consultants across North America. At Pliskin, Wierzbicki concentrates on 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. Pliskin Realty & Development is one of the leading real estate brokerage, property management and investment firms in the New York-Metropolitan region specializing in retail real estate. Pliskin is one of the most active brokerage firms representing a wide range of properties, from the largest shopping centers to smaller, strip centers and standalone properties. The company successfully meets the needs of diverse clients, from major national retail brands and franchisors to local businesses, property owners and private investors. Among its many longstanding clients are Advance Auto Parts, Sally Beauty Supply, Ethan Allen Furniture, La-Z-Boy Furniture, 7-11, Walgreens, Municipal Credit Union, Planet Fitness Gyms, Sleepy's, Subway, Crunch Fitness, Expedia Cruise Ship Centers, Sprint, and Karako Suits. Pliskin's geographic concentration is on Long Island and the five boroughs of New York City. Pliskin also manages over 1,250,000 square feet of properties in the NY area and nationally for investors. For additional information, visit www.pliskinrealty.com or call: (516) 997-0100.
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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.