On March 9, 2016, NYSDEC proposed a new definition of “underutilized” for use in determining whether a site is eligible for tangible property tax credits under the NYS Brownfield Cleanup Program.  To learn more, click on the following link to an article authored by Partnership Board member, David J Freeman, Gibbons P.C.

http://www.rpelawalert.com/2016/03/articles/developmentredevelopment/nysdec-proposes-new-definition-of-underutilized-for-tangible-property-tax-credits-at-new-york-city-brownfield-sites/