News: Long Island

Fetscher of Great Amercian elected president of Metro Long Island NYSCAR chapter

Paul Fetscher CCIM, SCLS has been elected president of the Metro Long Island chapter of NYSCAR. Fetscher has been in commercial real estate since 1969. He is president of Great American Brokerage, a firm specializing in restaurants and retail. He is past-president of the New York Metro CCIM chapter. He also continues to serve on the board of directors for the Long Island Commercial Network and the Greater Long Island Running Club. Chartered in 1995, the NYSCAR is a specialty board of Realtors with statewide jurisdiction. NYSCAR was formed by commercial practitioners who had a vision of a board of Realtors dedicated specifically to commercial issues. One of the most visible and most successful of NYSCAR's endeavors has been the development of the annual commercial real estate conference at the Turning Stone Resort held in June, jointly sponsored by the Northern New Jersey/New York State Chapter of CCIM and the Upstate and Downstate Chapters of SIOR and the Society of Exchange Counselors. This premier event has grown from a half day program to two and one-half days packed with six challenging and topical continuing education courses, one and a half days of marketing sessions facilitated by the SEC, and networking events ranging from a golf tournament to a luncheon featuring nationally recognized keynote speakers. The next event of the Long Island Metro Chapter will be the State of the Island Breakfast Meeting to be held Tuesday morning March 3rd, 2015 at The Milleridge Inn, Jericho NY. Additional information is available at: https://www.eventbrite.com/e/nyscar-state-of-the-island-breakfast-tickets-15238282112
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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.