|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Fri, 3 Apr 2009 16:46:32 -0700 (PDT)|
|Subject:||[CPEO-BIF] Nassau County (NY) sells 18 brownfield properties|
I.P. brownfields to be redeveloped By ALEX COSTELLO Oceanside/Island Park Herald (NY) April 2, 2009Nassau County recently announced that it was selling 18 of its brownfield properties, including two in Island Park.
The developer SDRJ bid about $3 million for all of the brownfields. One of the sites in Island Park is a former gas station on Austin Boulevard, which is now being used to park trucks. The other is on the west end of Waterfront Boulevard.
Brownfields are vacant industrial properties that once hosted warehouses, gas stations, factories and the like. Most developers steer clear of them because they must be cleaned of any contaminants before they can be developed, a process that can be costly and time-consuming. Brownfields are a headache for the county as well. They are difficult to sell, and the county can only hold a tax lien - the back taxes owed on a property - for 15 1/2 years, according to a statute of limitations on such liens.
... For the entire article, see http://www.zwire.com/site/news.cfm?newsid=20291624&BRD=1601&PAG=461&dept_id=479857&rfi=6 -- 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 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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