X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NEW YORK CITY-For years, redevelopment of brownfields in New York City has been a difficult, slow process. It has been difficult because the only available government program has been the Brownfield Cleanup Program administered by the state Department of Environmental Conservation, which has applied extremely restrictive eligibility criteria. It has been slow because DEC has been clogged with applications and even after a property is admitted into the program, the progress from start to finish has been sluggish and protracted.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.