The New Jersey Institute of Technology's
Electronic Theses & Dissertations Project

Title:	The importance of liability for the redevelopment of brownfields : the developers view
Author:	Chachakis, Daniel F.
View Online:	njit-etd1998-009 (xi, 94 pages ~ 4.8 MB pdf)
Department:	Department of Humanities and Social Sciences
Degree:	Master of Science
Program:	Environmental Policy Studies
Document Type:	Thesis
Advisory Committee:	Lederman, Peter B. (Committee chair) Opie, John (Committee member) Anstine, Jeffery David (Committee member)
Date:	1998-05
Keywords:	Hazardous Waste Site Remediation--New Jersey Industrial Sites-Environmental Aspects-New Jersey Liability for Hazardous Substances Pollution Changes Brownfields--New Jersey
Availability:	Unrestricted
Abstract:	The thousands of former industrial properties lying vacant in New Jersey are an economic challenge for all areas of government. If these properties are, or are perceived to be, contaminated then they are labeled Brownfields. An important question is whether the threat of liability for contamination by prior owners is a current cause behind the failure of developers to acquire and redevelop Brownfields in the State of New Jersey. The goal of this work was to discover if there is a link between liability and the developer's decision making process. How important is the liability factor? Fifty-seven variables were examined in a survey that was sent to developers. The responses were ranked to discover the most critical concerns for the developers overall and by categories. Analysis revealed that the presence of an end user was the most critical factor, along with other factors related to profit. Long term liability exposure was also a concern, one of many on the critical concern list. The thesis concludes with recommendations for policy initiatives to assist with the redevelopment of Brownfields in New Jersey. The recommendations include the use of community development plans to attract end users, and the use of government programs to improve developer profit. These latter include reduce delay, preparing infrastructure and developing voluntary cleanup programs. The promotion of a Brownfields law to provide guidance is also suggested.