News: Long Island

Stu Fagen, Co-Founder - The Retail Network Board

Name: Stu Fagen Title: Director of Acquisition Company: Alrose Group Location: Woodmere, N.Y. Birthplace and year: Dover, Del., 1970 Family: Married for 9 years to Eileen and have two boys: Parker, 8, and Ryan, 5 College: University of South Florida, New York Institute of Technology First job in real estate or allied field: I was a residential broker in the city working for Thomson Kane. What do you do now and what are you planning for the future? Alrose Group is a real estate investment company with diverse holdings. We own and operate shopping centers, residential and commercial buildings, industrial properties, and recently hotels. We are developing the Allegria Hotel and Spa on the boardwalk in Long Beach, N.Y. We continue to seek out value added opportunities throughout the east coast. Hobbies: Playing golf, coaching Little League football, collecting cars, cooking bbq Person you admire most (outside of family): Bobby Flay. It's always been a dream to go up against him in a bbq throwdown! Keys to success: Persistence, teamwork, knowing my strengths and weaknesses, and looking for business associates whose skills complement mine. If you had to choose another vocation what would it be? I would be a restaurateur.
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
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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.