Environmental Enlightenment #232
By Ami Adini -
Issued February 5, 2017

This is a SHORT, LIGHT and SIMPLE newsletter. Its purpose is to rekindle in the initiated concepts they have once learned, and enlighten the uninitiated on concepts they may have never heard of, but will understand once they are introduced to them.

Dry Cleaners: The Environmental Scourge of Commercial Real Property

An Article by Larry Schnapf

Lawrence P. Schnapf is the principal of Schnapf LLC with over 30 years of national environmental experience with Fortune 500 corporations and major New York-based law firms. He is also an adjunct professor of environmental law at New York Law School and a member of the faculty of the Center for Real Estate Studies at New York Law School. He has extensive experience with brownfield redevelopment and financing. He is the chair of the NYSBA Environmental Law Section and co-chair of the NYSBA Brownfield Task Force. He is also a past chair of the Environmental, Energy and Resources Committee of the Business Law Section of the ABA. He can be reached at larry@schnapflaw.com

REAL ESTATE PROFESSIONALS are generally aware of the risks posed by gas stations and tend to exclude these parcels or implement risk management strategies before acquiring title or control over properties containing these businesses. In contrast, the environmental risks of dry cleaners are often overlooked. Worse yet, dry cleaners tend to be small business with limited resources and usually do not have environmental insurance. As a result, dry cleaners are the leading source of environmental liability at commercial retail properties. This article explores the key risks posed by dry cleaners and discusses strategies for managing the risks posed by current and former dry cleaners.

Follow this link for a comprehensive, easy to read article on matters that one should know about when dealing with properties impacted from historic dry cleaning operations; be it the original dry-cleaning area or the neighbors around. Knowledge is power that turns liabilities to assets.

 

You can find past issues of "Environmental Enlightenment" at www.amiadini.com Wealth of information about environmental site assessments in the real estate transactions and issues concerning assessment and cleanup of contamination in the subsurface soil and groundwater.

Call me if you have any questions. There are no obligations.

Ami Adini Environmental Services, Inc.
Environmental Engineering Consultants & Contractors
Underground Storage Tank Experts
California Lic. #1009513 A B HAZ ASB
818-824-8102; mail@amiadini.com
www.amiadini.com

Ami Adini is a mechanical engineer, California Registered Environmental Assessor, Level II (Exp.), and president of AMI ADINI ENVIRONMENTAL SERVICES, INC. (AAES), an environmental engineering consulting firm and general contractors specializing in all phases of environmental site assessments, rehabilitation of contaminated sites and upgrading of underground storage tank facilities. AAES provides practical solutions to environmental concerns using the highest standards of ethics and integrity while providing its clients with maximum return on their investments.