What do wetlands, asbestos containing materials (ACM) and open regulatory violations all have in common? Answer: if ignored, these business environmental risks can turn an otherwise sound investment in commercial real estate into a bad one.
Even the best factual cases are no match for the principle of federal preemption, as residents of Camillus, New York learned the hard way.
How should you determine the extent of soil cleanup at a proposed brownfield site? For applicants of the New York State Brownfield Cleanup Program (BCP), that decision ultimately depends on several factors, including funds available for site remediation and the intended post-cleanup use of the property.