News: Long Island

CIBS Long Island hosts annual summer networking event

Pictured above (from left) are: CIBS vice president David Leviton of JLL, Paul Leone of CBRE, Brian Lee of Newmark Knight Frank, and Chip Entwistle of ACC Space Inc.

WOODBURY, NY More than 200 members of the Commercial Industrial Brokers Society of Long Island (CIBSLI), one of the region’s largest commercial real estate brokers’ organizations, and others turned out to network at the group’s annual summer party on August 8th. The event, poolside at the Crest Hollow Country Club, Long Island, featured an array of casual foods, drinks and cigars.

CIBS was formed in 1992 out of the shared belief among the region’s leading brokers that the region needed a unified voice to advocate on behalf of professionalism, ethics and industry cohesion. 

Today, CIBS is a leading voice and advocate for commercial development in the Long Island market.  Since its formation, CIBS has helped upgrade the industry by offering hundreds of educational programs, seminars and presentations; advocated professional standards and offered grievance resolution; provided informal mentoring relationships; raised tens of thousands of dollars for local charities; and created social settings in which colleagues have become friends, and competitors respected peers.  For information about the Commercial Industrial Brokers Society of Long Island visit www.cibs-li.com

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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.