According to the New Jersey Department of Environmental Protection (NJDEP) Division of Water Supply and Geoscience (DWSG), over 20,000 new permits are issued to drill wells in the state of New Jersey each year. If you own or are considering purchasing a property in New...
Posted at 17:36h
in
Legal & Regulatory,
LSRP
When a property is out of environmental compliance and significantly behind mandatory remedial timeframes, the New Jersey Department of Environmental Protection (NJDEP) will take action to effect compliance. In such cases, NJDEP may elect to initiate Direct Oversight, Adjusted Direct Oversight, or Enforcement. Enforcement is...
Exploring the De Minimis Quantity Exemption
In our previous article entitled Triggered: The Industrial Site Recovery Act, ESA outlines the fundamentals of ISRA and how it is enforced in the state of New Jersey. In short, anyone who owns a property where an industrial...
Posted at 12:50h
in
Legal & Regulatory
The New Jersey Department of Environmental Protection (NJDEP) has long been at the forefront of promoting environmental protection and sustainability within the state. One of the key mechanisms through which they achieve this is the Biennial Certification, a critical process that businesses and industries must...
Posted at 13:28h
in
Legal & Regulatory,
LSRP
In New Jersey, Remedial Action Permits (RAPs) are commonly used as part of a long-term strategy when soil and/or groundwater contaminants are expected to remain on a property after environmental remediation is complete. A RAP is a regulatory mechanism through which an operations and maintenance...
There are several key components to the environmental remediation process that are critical to the success of every project. Many of these components are performed after a sales transaction and require ongoing monitoring, reporting, and communication with numerous entities, including the owner. ESA is often...
Chris Venezia, ESA's Director of LSRP Services, explains the Innocent Purchaser Defense as it pertains to the environmental aspects of purchasing real property in New Jersey.
https://www.youtube.com/watch?v=x3755H-rguE
Typically, real property investments with the potential to yield the greatest return come with the greatest risk. And there are...
ESA commonly answers questions about Phase II scopes of work on a varying scale of complexity. Overall, the questions are aimed at the purpose of a Phase II, what to do if something is discovered, and how to manage the remediation approach in the transaction....
In this month's article, ESA offers a list of the Top 6 environmental concerns that will impact how you approach redevelopment in 2022 and beyond.
1. Environmental Sustainability & Governance
In 2018, New Jersey’s State Investment Council (SIC) adopted its Environmental Social and Governance (ESG) policy. In...
ASTM recently released their scheduled 8-year update to the Phase I Environmental Site Assessments (Phase 1 ESA) Standard under ASTM E1527-21. The following article, which ESA originally published in May of 2021, incorporates the relevant changes to the new standard and outlines its impact on...
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