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Brownfield Sites Clustered in Gentrifying Areas

Five of the 10 community districts citywide with the highest number of Voluntary Cleanup Program sites are gentrifying neighborhoods that have seen increases in median household income compared to other districts, the NYU Furman Center reported.

Greenpoint/Williamsburg in Brooklyn alone is home to 24.6% of VCP sites.
Introduced in 2009, the VCP is the city’s leading mechanism for brownfield cleanup. The number of sites under remediation citywide, 560-plus, compares favorably with statewide tallies in Illinois and Ohio, according to NYU Furman’s report.

“The cleanup of contaminated sites is important for the health, safety, and vitality of communities,” said study author Luis Inaraja Vera. “While more work is needed to understand the effect that the city’s VCP is having on redevelopment rates in the city, our research shows that the program does a good job attracting owners to participate, which is one important measure of a program’s success.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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