News: Long Island

Zere of Zere Real Estate completes 72,000 s/f in deals during the second quarter of this year

Michael Zere, executive vice president of Zere Real Estate Services has completed over 72,000 s/f of commercial real estate deals in the second quarter of this year. "Business has been brisk. There has been increased overall activity with the smaller deals due to companies finally making leasing decisions they put off in 2012," said Zere. Industrial deals include: * Security Dynamics, 15,000 s/f, Bohemia * Grace Ministries,13,000 s/f, Medford * Concrete Knuckles Martial Arts, 5,000 s/f, Ronkonkoma * Mr. Chips, 6,000 s/f, Bohemia * B&S Marine Anodes,Inc.,3,000 s/f * DAF Marketing, Inc.,3,000 s/f Bohemia/Medford * TNT Energy LLC, 2,000 s/f, Bohemia * Campus Group Companies, 2,000 s/f, Bohemia * New Age Electric of LI, 1,800 s/f, Bohemia * EOC LLC, 1,800 s/f, Bohemia * All Things For Less, Bohemia * Basic Products Inc., 1,200 s/f, Bohemia Office deals included: * AP New York Comprehensive Medical Care P.C., 3,300 s/f, Smithtown * Island Rehabilitation P.C., 3,000 s/f, Ronkonkoma * New Wave Imaging, 2,800 s/f, Ronkonkoma * The Heart of Creativity,2,300 s/f, Ronkonkoma * Bilski Productions, 1,000 s/f * Innovative Data Systems, 800 s/f, Bohemia * True Quality Improvements, Inc., 800 s/f, Holbrook * Premier Service Inc., 800 s/f, Holbrook * Transpacific Servicing 600 s/f, Bohemia
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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.