Outside CounselJohn F. Parker and Rosa Forrester, New York Law Journal
Up in the Air: The Evaporating Confidence of New York Property Owners
Recent changes in New York's environmental guidelines and practices have led to the reopening of previously closed environmental spill sites to further investigate the presence of volatile organic compounds that have infiltrated existing structures. Sites that have been reopened have been mired in detailed investigation, public scrutiny, and confusion amongst ever-changing regulatory policies, stymying owners' attempts to recoup the value of their property for the foreseeable future.
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