News: Long Island

Koenigsberg of American Investment Properties brokers $1.675 million sale of 8,856 s/f office building

Ron Koenigsberg,
American Investment Props.

Woodbury, NY Ron Koenigsberg, CCIM, president of American Investment Properties, has completed the $1.675 million sale of 136 Woodbury Rd. The property is located near the LIRR Cold Spring Harbor Station, making it a great property for commuting. Built in 1977, the 8,856 s/f office building is situated on 1.57 acres. Koenigsberg represented both the buyer and seller in the deal.

American Investment Properties’ core values include the three P’s: Passion, professionalism and positivity. Located in Garden City, their real estate agents specialize in the sale and disposition of multiple types of investment properties.

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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.