Industry WatchFederal News EPA All Appropriate Inquiry Committee On April 28, the EPA held the first meeting to create a standard for all appropriate inquiry under the Small Business Liability Relief and Brownfield Revitalization Act. A cross section of interest groups has been invited to participate in negotiating the rule. The parties include: Trust for Public Lands, American Society of Civil Engineers, Mortgage Bankers Associations, International Council of Shopping Centers, N BA, National Association of Homebuilders, National Association of Development Organizations, Real Estate Round Table, Center for Public Oversight, U. S. Conference of Mayors, West Harlem Environmental and National Association of Industrial and Office Properties. The goal of the All Appropriate Inquiry Rulemaking Committee is to reach consensus on standards for environmental investigations by January 11, 2004. The ramifications of this group are far reaching as the final rule will affect how environmental due diligence is conducted on all property types.…Log In to Read Full Article
RACER Trust’s Proving Ground Stimulates Efficiency
Judge Robert Gerber, sitting in the U.S. Bankruptcy Court for the Southern District of New York, signed an order in effect creating RACER Trust in March 2011. RACER — for Revitalizing Auto Communities Environmental Response — was handed a portfolio of more than 300 properties scattered over 89 locations in… Read more
Water, Water Everywhere?
While in the following pages I will recount a number of serious localized water shortages, I can tell you at the outset, this will not be another gloom-and-doom scenario to which you are treated daily in your local and national news sources. Now, in my 54th year of professional effort… Read more