[CPEO-BIF] "Some say [New York] tax breaks speed site cleanups"

[Lenny Siegel <lsiegel@cpeo.org>]

Some say tax breaks speed site cleanups

by John Ferro
Poughkeepsie Journal
October 22, 2012

PAWLING - At 33 E. Main St. lies an abandoned gas station, boards  
covering the windows and paint flaking off the molding on its doors,  
windows and cornice.

When its owners, Pawling Mayor Rob Liffland and his wife, Kelly, look  
at the building, they see a restaurant. Or perhaps an art gallery,  
just a block away from the bustling Metro-North Railroad station and  
the row of shops that have sprung up alongside the tracks.

To realize that vision, the Lifflands entered the property into the  
state's Brownfield Cleanup Program, which provides tax credits to  
developers who take on the responsibility for cleanup of neglected,  
contaminated properties. But the clock is ticking on the Lifflands  
and other developers.

On Oct. 3, Gov. Andrew Cuomo signed legislation that extended the  
deadline for completed cleanups to Dec. 31, 2015. The original law  
had set March 31, 2015, as the date by which projects must be  
certified by the state Department of Environmental Conservation  
before a developer can apply for tax credits.

...

For the entire article, see
http://www.poughkeepsiejournal.com/article/20121023/NEWS04/310230018/ 
Some-say-tax-breaks-speed-site-cleanups

--

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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