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By Kenneth S. Kamlet |
Ken Kamlet has compiled volumes of research on brownfield programs in the Northeast.
We asked Kamlet to summarize key elements in five states with strong brownfield
programs and policies.
All of these states have a varied menu of financial incentives to promote economic development and brownfield revitalization.
New York, with the newest brownfield law, has the most generous tax credit provision,
an expansive and generous municipal brownfield program, and an innovative brownfield
opportunity area program to promote area-wide brownfield planning. (Other New
York financial incentives are limited and TIFs, while authorized by law, have
seldom been attempted.)
Few states can match the variety of Pennsylvania’s financial incentives. Connecticut and Massachussets offer subsidized environmental insurance. And Pennsylvania and New Jersey (and soon New York) offer internet-accessible listings of brownfield sites available for redevelopment.
This article is the first in a three-part series. Future issues of Brownfield
News will compare liability relief provisions and “how clean is clean”
standards for the same five Northeastern states.
See the comparison. (PDF).
Kenneth S. Kamlet is director of legal affairs at Newman Development Group in Vestal, N.Y. and serves as co-chair of the policy and legislative committee for NBA’s New York Chapter. Readers are encouraged to call errors or omissions to Ken at ken@newmandevelopment.com.