The New York Times has a good read explaining the brownfields legislation just signed by Gov. Paterson. The new law has particular importance for Buffalo and Niagara Falls because of the preponderance of brownfields here.
Reports The Times:
"The measure is intended to reward developers for undertaking particularly demanding environmental cleanups, while imposing tighter controls on the tax breaks given for the structures to be built on a site ...
"While no inventory exists of brownfield sites in the state, the Department of Environmental Conservation said there could potentially be thousands ... In older cities like New York and Buffalo, much of the remaining undeveloped and vacant land has some level of contamination."