Regulatory Compliance Alert: New Ground Water Quality Standards For PFOA And PFOS Impacts Site Remediation

Yesterday, NJDEP proposed to establish specific ground water quality standardsfor perfluorooctanoic acid (PFOA) and perfluorooctanesulfonic acid (PFOS). The DEP reported New Jersey is the first in the nation to set drinking water standards for these chemicals, attractive and profitable for many commercial/industrial applications but linked to various health problems and extremely persistent in the environment.

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Rising Opportunities For Developers And Investors In New Jersey

We’ve all heard of the phrase opportunity lies around the corner and for some, this may quite literally be true. As part of New Jersey’s efforts to attract developers and investors to underutilized properties in low-income rural and urban communities, the state has developed programs such as the Opportunity Zones program to spark interest in these properties again. The best way to do this is to offer tax incentives and exemptions, financial assistance, and other perks to those willing to develop meaningful economic opportunities.

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Lock-In Costs and Certainty with EWMAs SECUR-IT® Guaranteed Fixed-Price Remediation Program

This year has proven to be one of the best times for developers to pursue redevelopment of brownfield properties in the commercial and industrial real estate market. Due to the lack of developable land and the strong economy in the state, developers are now looking to develop brownfield properties that are usually passed over due to environmental concerns. Brownfield redevelopment is a key component in building strong local economies in New Jersey, as it returns unusable properties back to uses that benefit the community.  

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Location

Lanidex Plaza 100 Misty Lane P.O. Box 5430 Parsippany, NJ 07054

Contact

Email info@ewma.com Toll Free 800-969-3159 Phone 973-560-1400

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