2007 CPEO Brownfields List Archive

From: "Robert Hersh" <b_hersh@verizon.net>
Date: 22 Jun 2007 13:34:29 -0000
Reply: cpeo-brownfields
Subject: [CPEO-BIF] NY BF program seen as economic boondoggle
 
New York 	
State Brownfield Program Is Boondoggle, Critics Say

The Sun
By JACOB GERSHMAN
June 21, 2007

ALBANY - In 2003, when state lawmakers ended years of deadlock and approved
legislation giving financial incentives for developers to clean up and build
on hundreds of acres of polluted industrial wastelands, Governor Pataki
heralded the new law as a "historic" victory for the environment.

For the first time, New York would regulate the rehabilitation of mildly
contaminated sites that aren't polluted enough to qualify for Superfund
clean-up money, called brownfields. The new program awarded developers with
millions of dollars in refundable tax credits to pay for removing toxins
from the land and spur redevelopment.

New data provided by the Spitzer administration, however, show that only a
fraction of the money the state has spent on the Brownfield Cleanup Program
has actually been used to clean up the polluted sites. Of the $1 billion the
state is required to give to developers for 54 sites over the next five
years, $700 million is going toward paying for the construction of buildings
and parking lots, according to state records. Only $300 million is being
spent on toxin removal.

For the entire article, see:
http://www.nysun.com/article/57019


Bob Hersh


_______________________________________________
Brownfields mailing list
Brownfields@list.cpeo.org
http://www.cpeo.org/mailman/listinfo/brownfields

  Prev by Date: [CPEO-BIF] (VT) Land trust builds affordable housing on BF site
Next by Date: [CPEO-BIF] "Uncertain fate" for NY School Leasing Bill
  Prev by Thread: [CPEO-BIF] (VT) Land trust builds affordable housing on BF site
Next by Thread: [CPEO-BIF] "Uncertain fate" for NY School Leasing Bill

CPEO Home
CPEO Lists
Author Index
Date Index
Thread Index