Brownfield cleanup program may be getting an overhaul this year
Among the issues up for discussion in budget talks this year is an overhaul of New York’s Brownfield Cleanup Program. It offers tax breaks for the development of contaminated industrial sites.
In last year’s budget proposal, Gov. Andrew Cuomo sought reforms to the brownfields program. That attempt died in the legislature. Cuomo is seeking a similar overhaul this year, with a goal of focus to areas where help is most needed.
A study released Thursday by Environmental Advocates of New York found that the vast majority of the money spent on each project goes toward redevelopment instead of cleanup. Peter Iwanowicz is the group’s executive director.
“And we’ve seen over the life of the program that far too many sites that aren’t heavily contaminated and far too many sites that are in desirable areas of the state are where the tax credits are going,” said Iwanowicz.
According to a 2013 report by a Cuomo-created tax reform commission, the largest brownfield project to date is a Ritz Carlton Hotel in White Plains. So far, the state has given it $114 million in tax credits. The second-largest is a power plant in upstate New York.