News: Long Island

Zimmerman joins The Rochlin Organization

Todd Zimmerman, an experienced commercial real estate professional, has joined Long Island's newest and fastest-growing commercial real estate firm, The Rochlin Organization LLC, as a vice president. The Rochlin Organization specializes in ownership representation. "Todd is an entrepreneurial commercial real estate executive with a record of success involving diverse assets and tenants," said Adam Rochlin, president of The Rochlin Organization. "His experience in cultivating relationships with an eye toward maximizing value for landlords will make him a welcome addition to our team." Zimmerman most previously was a principal at Windsor Commercial Real Estate Inc. Prior to that he was president of Majestic Realty Services and senior vice president of Blue Realty Corp. He is a member of the Commercial Industrial Brokers Society of Long Island, the Long Island Association, Melville Rotary, Melville Chamber of Commerce and the Huntington Chamber of Commerce. Zimmerman received a bachelor of science degree in Real Estate Finance and Regional Development from the University of Arizona, Tucson, in 1991.
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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.