[CPEO-BIF] Former First Prize Packing Company, Albany, NY

[Lenny Siegel <lsiegel@cpeo.org>]

First Prize developers seeking state pollution cleanup tax break

by Brian Nearing 
Albany Times-Union (NY)
January 18, 2018

Albany - Developers behind a proposed multimillion-dollar rebirth of the decaying former Tobin First Prize meatpacking plant are seeking a state tax break under a program meant to encourage pollution clean-ups on industrial property.

First Prize Development Partners LLC filed an application last fall for the project to be added to the Brownfield Cleanup Program, according to an announcement Thursday from the state Department of Environmental Conservation.

The state program makes developers who clean up and redevelop polluted properties eligible for state tax credits based on the expenses for a cleanup and what is spent to redevelop and build once the cleanup is done.

…

For the entire article, see
http://www.timesunion.com/business/article/First-Prize-developers-seeking-state-pollution-12507735.php

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Lenny Siegel
Executive Director
Center for Public Environmental Oversight
a project of the Pacific Studies Center
P.O. Box 998, Mountain View, CA 94042
Voice/Fax: 650/961-8918 
<lsiegel@cpeo.org>
http://www.cpeo.org

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