News: Long Island

Zere Real Estate Services leases 5,000 s/f

Ronkonkoma, NY Michael Zere, senior vice president at Zere Real Estate Services closed a 5,000 s/f industrial lease for Elite Flooring of Long Island Inc. at 711 Koehler Ave.

“This industrial multi-building complex is conveniently located off the MacArthur Airport Business Corridor in the heart of the transportation hub. Close to the LIRR Ronkonkoma Station, MacArthur Airport, Sunrise Hwy, the LIE -Long Island Expressway Exits 59 & 60,” said Zere.

Zere represented the landlord, Active Vision Inc. in this industrial lease transaction.

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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.