News: Long Island

Raffa of Island Assocs. brokers 1,470 s/f lease

490 Wheeler Road - Hauppauge, NY

Hauppauge, NY Bob Raffa of Island Associates negotiated a 1,470 s/f office space relocation and lease for James Morgan at 490 Wheeler Rd. James Morgan relocated within the building and expanded his existing footprint at the office building and extended his term. James Morgan is a nurse practitioner specializing in mental health therapy. 

490 Wheeler Rd. is a 50,000 s/f two-story office building.

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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.