[CPEO-BIF] Nassau County, New York

[Lenny Siegel <lennysiegel@gmail.com>]

Nassau to reopen bid for 19 brownfield tax liens

BY WILLIAM MURPHY
Long Island Newsday (NY)
May 5, 2008

An 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
<lsiegel@cpeo.org>
http://www.cpeo.org



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