News: Long Island

Zussman joins CBRE Long Island office as an associate

According to Ellen Rudin, managing director of Long Island CBRE office, Mark Zussman, a veteran of the real estate industry, with a background in investment sales, leasing and capital market transactions, has joined the company as an associate in its market-leading Long Island operations. Zussman will work with a talented team of senior professionals in further expanding the firm's investment sales capabilities in Long Island and the outer boroughs of New York City Zussman will focus on investment sales, as well as fulfilling the leasing requirements of corporate users in the market. "Long Island and the outer boroughs are currently seeing strong demand by both investors and companies seeking space and I am looking forward to bringing the highest standards of quality and consistency to our clients as we continue to expand our capabilities and maintain our position as the market leader," said Zussman. He brings more than two decades of financial and real estate experience to the firm including expertise in real estate brokerage, loan workouts, CMBS investment and trading, mortgage origination and underwriting, commercial mortgage brokerage and appraisal. He spent 12 years at Unicredit/HypoVereinsbank and eight years at Chase Manhattan Bank. He earned a B.S. in Finance and Marketing from Long Island University Post, a master of science degree in Real Estate Finance and Investments from New York University's Schack Institute and an MBA in Finance from NYU's Stern School of Business.
MORE FROM Long Island

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.