Transforming Remnants of NYC’s Industrial Past into Pieces of City’s Future
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Michelle Lapin, AKRF senior vice president and head of the firm's site assessment and remediation group, talks to New York Real Estate Journal about the emerging development opportunities for brownfields in New York City.
Lapin predicts future success stories, such as the improvements already underway in the Port Morris waterfront neighborhood in the Bronx, spurred on in part by the mayor's efforts to encourage brownfield redevelopment through PlaNYC.
She believes better education and understanding of the regulatory process and resources available to developers will play a role in these projects being taken on in the five boroughs.
