News: Long Island

NAI LI hosts 2011 Economic Global Market Outlook Cocktail Party

NAI Long Island proudly hosted their annual 2011 Economic Global Market Outlook cocktail party at North Hills Country Club. The event brought clients and peers together to network and to learn about the current economic climate of Long Island. NAI Long Island was honored to have guest speaker Dr. Thomas Conoscenti, a former Chief Economist for the Long Island Association (LIA), give a presentation on the current real estate market of Long Island and the metropolitan area, and a projection for the upcoming year. Dr. Conoscenti's program was sponsored by The First National Bank of Long Island. The night was a huge success, and NAI Long Island thanks all of those who attended and The First National Bank of Long Island. Founded in 1980, NAI Long Island is acknowledged in the industry as a brokerage firm of excellence and quality. NAI Long Island is a commercial real estate organization providing services including sales, leasing, tenant/landlord representation, property management and consulting services. NAI Long Island operates in the New York Metropolitan area, and is the exclusive member of NAI Global, the world's largest commercial real estate services organization with over 350 offices in 55 countries worldwide.
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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.