|From:||Lenny Siegel <email@example.com>|
|Date:||Mon, 5 May 2008 07:29:12 -0700 (PDT)|
|Subject:||[CPEO-BIF] Nassau County, New York|
Nassau to reopen bid for 19 brownfield tax liens BY WILLIAM MURPHY Long Island Newsday (NY) May 5, 2008An innovative effort by Nassau County to redevelop 19 contaminated properties - some vacant for more than a decade - has apparently fallen victim to the faltering economy, a state moratorium on tax credits for such brownfield projects and a general wariness among developers about the multiple layers of approval needed.
"Brownfields are time-intensive and that is what scares a developer," James Vilardi, a principal of the Roosevelt Development Corp., said in a recent interview.
"These are difficult projects that take a long time," Vilardi said. "The question is how the approval process can be streamlined."
... For the entire article, see http://www.newsday.com/services/newspaper/printedition/monday/longisland/ny-pobrow055674684may05,0,5377131.story -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <firstname.lastname@example.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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