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Challenging new projects. Creative yet practical solutions. Innovative ways to protect the planet – one property at a time. Catch up on the latest news from Cooperstown Environmental here.

The Brownfield Tax Credit Helps THE WHALES!

The Brownfield Tax Credit Helps THE WHALES!
In 1863, Gloucester’s Tarr and Wonson Paint Manufactory revolutionized the maritime industry by producing the world’s first anti-fouling paint for boat bottoms. Boats that once had to be scraped every 6 weeks for barnacles and marine life could now last 12 months. But after more than 100 years, in 1980 the Manufactory shut its doors and was left a crumbling landmark overlooking Gloucester Harbor. Now the Manufactory is enjoying a second chance to serve the maritime world as the headquarters of Ocean Alliance Inc., a not-for-profit dedicated to whale and ocean health. Ocean Alliance raises public awareness through research and

Underground Storage Tank Removals and/or Replacements

Underground Storage Tank Removals and/or Replacements
Have you received a notification letter from the Massachusetts Department of Environmental Protection (MassDEP) warning you that you have underground storage tanks (USTs) that need to be removed? As of August 7, 2017, all underground single walled steel tanks in the state of Massachusetts must be removed, permanently closed-in-place, or placed out-of-service (then removed or permanently closed-in-place by July 1, 2018). At the time of the tank removal, environmental conditions must be assessed per state and federal regulations, since it is possible that contamination may exist in the area of the UST(s). In Massachusetts, tanks must be closed in accordance

Brownfield Tax Credit Helps Create The Washington Apartments

Brownfield Tax Credit Helps Create The Washington Apartments
The Washington Apartments, Melrose’s new boutique luxury apartments, offers spacious apartment living in an intimate setting. The Washington Apartments offers state of the art residential living amenities in just a short walk from the Orange Line T stop and a close commute to Downtown Boston. Developed by Wood Partners, a leading Atlanta based developer with decades of experience, the building reinvigorates a property formerly used for truck and dumpster storage, continuing the redevelopment of one of the hottest growing markets in the area. The Massachusetts Brownfields Tax Credit program helped support this project. WDR-3 Wood 2 Washington Owner LLC, an

Top in MA Brownfields Tax Credits for Fifth Consecutive Year

Top in MA Brownfields Tax Credits for Fifth Consecutive Year
For the fifth consecutive year, Cooperstown Environmental LLC is the top consulting firm in Massachusetts Brownfields Tax Credit awards, according to official statistics just released by the Massachusetts Department of Revenue (DOR). Once again, most recipients of the state’s Brownfield tax credit were clients of Cooperstown Environmental LLC, as reported in the latest version of state’s Tax Credit Transparency Report. This annual report shows that more than half of the approved applications were completed by the firm.  Cooperstown’s market position as the top firm in the Brownfield Tax Credit arena is long-standing. The latest version of the report from DOR

Brownfield Tax Credit Helps Create Girard Building

Brownfield Tax Credit Helps Create Girard Building
The Girard building, Boston’s newest high-end residential building located in the city’s South End at 600 Harrison Avenue, recently opened and is quickly filling up. The Girard offers a residential experience of the highest quality that brings a content-rich living experience to a premier location. Developed by New Atlantic Development, a premier developer with decades of experience building in Boston, the building reinvigorates a former parking lot and continues the buildout of one of the leading neighborhoods in Boston. The project was supported by the Massachusetts Brownfields Tax Credit. 600 Harrison Avenue Associates LLC, an entity formed by New Atlantic

The Importance of a Phase I Environmental Site Assessment (ESA)

The Importance of a Phase I Environmental Site Assessment (ESA)
When it comes to environmental contamination of real estate, the legal principle of “you break it, you buy it” does not apply – in fact, the reality is much worse! Under the federal Comprehensive Environmental Response Compensation and Liability Act (CERCLA) legislation (commonly known as Superfund), as well as state laws like Massachusetts’ C. 21E, legal liability for environmental contamination is “strict.” This means that the property owner is per se responsible for any contamination at that property - period. It does not matter if the owner caused or contributed to the contamination. It does not matter if the contamination

Massachusetts Appeals Court Deciding Fate of Colleges’ Brownfields Tax Credit Case

Massachusetts Appeals Court Deciding Fate of Colleges’ Brownfields Tax Credit Case
BU, Northeastern, and Wellesley Await Final Decision A high profile Massachusetts lawsuit regarding the denial of Brownfields Tax Credits has been wending its way through the legal system over the past year and now sits in the lap of an Appeals Court judge. Recent filings by the defendant Massachusetts Department of Revenue (DOR) and the plaintiffs – three Boston-area colleges – set the stage for a dramatic verdict that is expected in the coming months. In 2012, Northeastern University, Boston University, and Wellesley College separately submitted applications to DOR seeking tax credits related to environmental cleanups completed at the respective

Colleges Sue over Denial of Brownfields Tax Credits – The Rest of the Story

Colleges Sue over Denial of Brownfields Tax Credits – The Rest of the Story
The Boston Globe yesterday reported a lawsuit that has been filed by three Massachusetts colleges regarding Massachusetts Brownfields Tax Credits, the first public acknowledgement of a brouhaha that has been two years in the making. Wellesley College, Northeastern University, and Boston University have sued the Massachusetts Department of Revenue (DOR) for improperly denying applications filed by each school. The Globe’s news story was accurate but lacked the background and perspective needed to understand the full story. The facts of the case and the chronology of events may provide observers with a better understanding of the issues. The Brownfields Tax Credit

Worried about the recapture of your MA Brownfields Tax Credits? Don’t be!

Worried about the recapture of your MA Brownfields Tax Credits? Don’t be!
The Massachusetts Brownfields Tax Credit program is a proven, successful program that helps to offset environmental response costs for eligible projects. The program may be the best of its kind among the many states that offer a similar reimbursement plan, as it is a “by right” credit. If the project meets all of the qualification criteria, the credit is awarded. There is no annual cap statewide and no per project cap. Nor does the project need to be pre-qualified or certified by the state. In addition, the credit is transferable, so it may be sold, producing cash for the applicant.

Brownfields Tax Credit Program Extended 5 Years

Brownfields Tax Credit Program Extended 5 Years
Developers, not-for-profits, commercial property owners, and others conducting environmental remediation projects can rely on the state’s Brownfields tax credit – finally. The budget signed by the Governor Friday extends the credit for five years, quelling worries that the credit would expire at the end of this year. The program, which incentivizes commercial redevelopment in economically distressed areas (EDAs) by providing a rebate on environmental cleanups to Eligible Persons (who did not cause the contamination), has been a resounding success since it was initially passed in 1998. Hundreds of properties have been cleaned up to Department of Environmental Protection (DEP) standards,
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