
Mineola, NY Paul Fetscher CCIM, president of Great American Brokerage, sold Jericho Terrace a 40,000 s/f function and catering facility, located at 249 Jericho Tpke.
The transaction was from a second generation caterer, Christopher Leone to Mickey King whose family owns Anton’s in Queens Village.
The property was co-listed by Great American Brokerage and Windsor Commercial Real Estate. The buyer was represented by Great American Brokerage.
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.