News: Long Island

DiBella of Pliskin Realty completes 1,460 s/f lease to Greystone Marketing

303 E. Merrick Road - Lynbrook, NY 303 E. Merrick Road - Lynbrook, NY
Michael DiBella, Pliskin Realty Michael DiBella, Pliskin Realty

Lynbrook, NY Pliskin Realty & Development’s sales associate Michael DiBella has completed a five-year lease for a 1,460 s/f office space located at 303 E. Merrick Rd.  DiBella represented the new tenant, Greystone Marketing, Inc., a business loan provider. The landlord, 303 Merrick, LLC, was represented by David Sargoy of Brown Harris Stevens, Commercial Real Estate LLC.

DiBella concentrates on property sales and leasing assignments. He brings to his role extensive sales experience, as well as direct retail experience as a former owner/manager of multiple food and beverage enterprises.

Pliskin Realty & Development is one of the leading real estate brokerage, property management and investment firms in the New York metro region specializing in retail real estate. Pliskin is one of the most active brokerage firms representing a wide range of properties, from the largest shopping centers to smaller, strip centers and standalone properties.

The company successfully meets the needs of diverse clients, from major national retail brands and franchisors to local businesses, property owners and private investors. Among its many  longstanding clients are Advance Auto Parts, Sally Beauty Supply, Ethan Allen Furniture, La-Z-Boy Furniture, 7-11, Walgreens, Municipal Credit Union, Planet Fitness Gyms, Sleepy’s, Subway, Crunch Fitness, Expedia Cruise Ship Centers, Sprint, and Karako Suits.  Pliskin’s geographic concentration is on Long Island and the five boroughs of New York City. Pliskin also manages over 1,500,000 square feet of properties in the NY area and nationally for investors.  

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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.