[CPEO-BIF] Pennsylvania "Supreme Court assesses devaluation to contaminated Harley Davidson property"

[Lenny Siegel <lsiegel@cpeo.org>]

Supreme Court assesses devaluation to contaminated Harley Davidson property

by Hanna Nakano 
Pennsylvania Record
November 3, 2015

HARRISBURG - Property that has experienced environmental contamination – or “stigma” – can suffer devaluation, according to the state Supreme Court.

The court recently agreed with a trial court’s decision to accept a 5 percent devaluation to commercial properties’ value because of stigma, in Harley Davidson Motor Company v. Springettsbury Township.

The court’s decision is not a per se rule, according to attorney Sean O’Neill, who studied the case. Rather, it offers guidance to future contaminated property cases.

…

For the entire article, see
http://pennrecord.com/stories/510645672-supreme-court-assesses-devaluation-to-contaminated-harley-davidson-property

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope Street
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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