A Phase I Environmental Site Assessment (ESA) is a standardized process conducted to assess the environmental condition of a property, typically before a real estate transaction or development project. This assessment is carried out to identify potential environmental concerns or liabilities associated with a property. In New York, as in most places in the United States, Phase I ESAs are conducted following the guidelines established by the American Society for Testing and Materials (ASTM) in ASTM E1527-13.
It’s important to work with experienced environmental consultants, like those at Partner Engineering and Science, Inc.’s New York City office, who are knowledgeable about New York’s specific regulations and requirements. They can guide you through the Phase I ESA process, help you address any identified environmental concerns, and ensure compliance with state and federal laws. The Phase I ESA is an essential step in protecting yourself from potential environmental liabilities when purchasing or developing property in New York.
Once the records review, site inspection, and interviews have been completed, the environmental professional will prepare a Phase I ESA report. This report will summarize the findings of the assessment and identify any potential recognized environmental conditions (RECs). A REC is defined as the presence or likely presence of any hazardous substances or petroleum products in, on, or at a property.
If RECs are identified, the environmental professional may recommend further investigation, such as soil sampling or groundwater testing. This additional investigation is typically referred to as a Phase II ESA.
Here are some additional things to keep in mind about Phase I ESAs in New York City:
If you are considering buying or selling property in New York City, it is important to understand the requirements for Phase I ESAs. By working with a qualified environmental professional, you can ensure that your transaction is conducted in a safe and responsible manner.