News: Long Island

Hunt Corp. handles 8,605 s/f industrial lease renewal

According to Hunt Corporate Services, Inc., Brenner Photo Productions, Inc., has renewed their lease of 8,605 s/f of industrial space at 125 Newtown Rd. Hunt represented the landlord, Anton-Cerrone Associates, Inc. in the negotiations. Brenner Photo Productions is a full service commercial digital photography studio servicing the metropolitan area for over 30 years. Brenner uses the space for their corporate headquarters , studio productions, storage and a place to meet and work with clients. "Brenner Photo Productions is now providing video services to its clients, so the landlord agreed to reconfigure the space and build-out a video stage as well as video productions rooms as part of the renewal agreement," said David Hunt, president of Hunt Corporate Services."
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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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.