Phillips Lytle remains on the leading edge of representing developers, lenders and municipalities in the redevelopment of brownfields. Our experience and expertise in this area helps our municipal, lending, developer and manufacturing clients successfully transform brownfield sites into new and profitable residential, commercial and industrial developments.
With assistance from attorneys in other practices, including Corporate, Real Estate and Tax, our Environmental attorneys provide counsel to clients with respect to matters that involve:
One of the key benefits under the New York State Brownfield Cleanup Program are significant refundable tax credits that are available to brownfield redevelopers.
We have significant experience in maximizing and capturing the value of available tax credits for remedial costs and the cost related to the redevelopment of the site. We work with tax, environmental and project development attorneys in a team approach to structure the transaction with the goals of achieving the greatest speed to market and maximizing credits.
We have assisted numerous clients from program application through completion of the process to maximize the credits to which they are entitled.