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Vol. 8, No. 4APRIL 2002PG TWO
Over 60 members and guests attended the CIBS Educational meeting on March 27th.


EASTERN
ENVIRONMENTAL
SERVICES
By Scott Stehlik, CPG
Eastern Environmental Services is a full service environmental consulting firm specializing in all phases of environmental site assessments, storage tank testing/closure, soil and groundwater investigations, asbestos and lead surveys, and remediation.
A standard component of all commercial/industrial real estate transactions is the Phase I Environmental Site Assessment (ESA). The Phase I ESA is designed to protect the buyer and/or lender from environmental liability and typically consists of four components: records review, site reconnaissance, interviews, and report preparation. Historically thought of as the “deal breaker”, ESAs, when conducted thoroughly and swiftly, can actually expedite the closing and minimize future environmental complications.
The contacts we maintain at the local regulatory agencies (Town Building and Fire Departments, County Health Departments, and New York State Department of Environmental Conservation) have proven invaluable in accessing records promptly. Should environmental concerns be identified, Eastern Environmental Services’ qualifications and experience enhances our proficiency in alleviating such concerns.
Eastern Environmental Services is currently included on North Fork Bank and State Bank of Long Island’s lists of qualified environmental consultants and has prepared Phase I ESAs utilized by Greenpoint Savings Bank, Suffolk County National Bank, and First Hudson Valley National Bank’s commercial lending divisions. Most brokers are under the impression that to be considered to perform a Phase I ESA, the consultant must be included on a bank’s list of qualified contractors. Though, the banks do offer their list to borrowers for guidance, it has been my experience that most banks will accept a Phase I ESA, provided it is prepared in accordance with the American Society for Testing and Materials (ASTM) Standard by a qualified environmental professional. Eastern Environmental Services will contact the lender and forward our qualifications and experience, Certificate of Liability Insurance, and, if necessary, a sample report for their review and approval.
We look forward to establishing mutually rewarding relationships with brokers and associate members of CIBS. For more information, contact Scott Stehlik at (631) 878-8002 or visit our web site at www.easternenv.com.


"FORE"
CIBS will be hosting our 4th annual golf outing, on Monday June 24, 2002, for all members, associate members and friends of the Long Island Commercial/Industrial Real Estate community. This event is always one of the most popular outings of the year and this year will be no exception.
As proud supporters of the United Way we are again committed to donating a major portion of the proceeds to this worthy agency. Helping to provide funds to this important cause seems to bring out the best in all of us and we thank everyone involved for their support.
William Yorio of Corporate National Realty and a former President of CIBS at the March 27th educational meeting.
James Coughlan of Tritec Real Estate Company at the March 27th educational meeting.
Lawrence Feldman of Lazer, Aptheker, Feldman, Rosella & Yedid, LLP and CIBS attorney on March 27th.
Eric Rubenstein of Ruskin Moscou, Evans & Faltischek, PC at the March 27th educational meeting.
This year is going to be far and away the best showing to date. Not only has the response been overwhelming, but for the first time the outing will be played at the historic Hempstead Golf & Country Club. This club, dating back to 1920, is one of the oldest and most prestigious on Long Island.
This event always sells out so please sign up early and get ready to enjoy a terrific day.
For more information call: Carmine Inserra at (516) 746-1300 or Frank Pagano at (516) 364-2900 or E-Mail CIBSRE@aol.com

New Members
Kevin J. Welsh Zere Associates
David Weinroth Sutton & Edwards
Tom Tsiolis Sutton & Edwards
Michael Schefren Sutton & Edwards
Jeremey Ogur Sutton & Edwards
Nancy Wiener Prudential LI Commercial Realty
Stanley Schuckman Schuckman Realty Inc.

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