New Hyde Park, NY Jeremy Hackett and Mark Timpone of Metro Realty Services sold 5,000 s/f at 914 Third Ave., to NYFA Group for $1.725 million. Hackett and Timpone represented the seller, 914 3rd Ave. Corp., and John Mangani of Compass represented the buyer.
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.