News: Long Island

Long Island chapter of Community Associations Institute recognized-having largest chapter growth

The Long Island Chapter of Community Associations Institute (CAI) was recognized as having the largest chapter growth in the country, an impressive 19% in 2010, at their Annual Conference and Exposition at the Boca Raton Resort & Club in Boca Raton, Fla. The Long Island Chapter's past president, Peter Dumelle, vice president of business & professional banking at M & T Bank, was very optimistic for the chapter's potential as he said, "We keep on trying to expand the role of CAI on Long Island, and continue to grow the Chapter". President elect Frank Socci, Jr., principal of NAI Long Island accepted the award on behalf of the chapter. Community Associations Institute (CAI) Community Associations Institute is a national, nonprofit 501 (6) association created in 1973 to provide education and resources to America's 231,000 residential condominium, cooperative and homeowner associations and related professionals and service providers. The Institute is dedicated to fostering vibrant, responsive, competent community associations that promote harmony, community and responsible leadership. # # #
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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.