News: Long Island

Yellin of FMC Realty Associates leases 4,920 s/f

David Yellin, managing partner with FMC Realty Associates, leased 4,920 s/f of office space at 201 Old country Rd., to Private Client Service Group. It is a three year deal direct with the landlord Grand Metro Builders of NY Corp. Yellin also leased 325 Sunrise Highway, Lynbrook to Total Aquariums, consisting of 1,500 s/f. It was a ten year deal with Pliskin Realty.
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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.