News: Long Island

Zere Real Estate Services brokers $865,000 sale

Ronkonkoma, NY Linus Publications has bought a 5,000 s/f free-standing commercial office building at 111 Gary Way. Michelle Marie Zere and Michael Zere, the brother and sister sales team of Zere Real Estate Services represented the buyer, Linus, and seller, Someplace Else Realty LLC. The property sits on 0.59 of an acre and sold for $865,000.

111 Gary Way - Ronkonkoma, NY 111 Gary Way - Ronkonkoma, NY

“The buyer was the tenant in the building for several years and decided to exercise their right to purchase the building for their international corporate publishing business,” said Michelle Marie Zere.

Zere Real Estate Services is a full-service commercial real estate company servicing commercial real estate requirements throughout the Long Island commercial real estate region for almost three decades. They have strategic alliances with officials and relationships with other trustworthy commercial real estate related companies including mortgage brokers, architects, space planners, attorneys, accountants and elected officials. Zere Real Estate Services is comprised of a group of professionals with a focus on aiding in the prosperity of Long Island, creating jobs and maintaining relationships with economic development officials throughout Long Island.

Their office has assisted with creating thousands of jobs over the years and prides itself in being part of the continued success of Long Island.

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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.