News: Long Island

Cohen of Ashlind Properties handles $3.5 million sale

Farmingdale, NY Richard Cohen, president of Ashlind Properties, an industrial/commercial realtor, has completed a sales transaction for Ideal Furniture Outlet, for their 21,392 s/f facility located at 75 Broadhollow Rd. to LPS Office Interiors.

LPS Office Interiors was represented by Northwind Realty represented.

The building sold for $3.5 million.

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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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.