Weekly News Roundup for November 10, 2017

Here are some of the stories we’ve been following this week.

For the first time in five years, not a single trophy property in Sydney, Australia was sold to a foreign buyer. Analysts believe recent tax increases are keeping away buyers from other countries.
The Illinois Attorney General filed […]

Southeast Brownfields Workshop Recap

This week, we had the opportunity to attend the Southeast Brownfields Workshop held at the Georgia Tech Research Institute Conference Center in Atlanta, Georgia.

Our Vice Chairman and Co-Managing Director, Dr. Cliff Lipscomb, and Associate Analyst, Holly Selby, spoke on property valuation as it relates to brownfield property. Brownfields, due […]

Weekly News Roundup for April 28, 2017

These are some of the stories we’ve been following this week.

• Norway’s sovereign wealth fund is well below its risk limit. The $940 billion fund is the largest sovereign wealth fund in the world.

• Property values in Milwaukee, Wisconsin are up from last year by 4.5 percent. Property values […]

Weekly News Roundup for February 10, 2017

These are some of the stories we’ve been following this week.

A bill to ban hydraulic fracturing operations in Maryland is expected to be introduced in the state legislature. The bill has more than 50 co-sponsors.

Researchers with the University of Alberta released a study linking stronger earthquakes in […]

Weekly News Roundup for February 3, 2017

These are some of the stories we’ve been following this week.

Republicans are considering eliminating a law that requires oil and gas companies to capture methane released during operations on public lands.

Residents in Waco, Texas filed a lawsuit against the city over plans to build a new landfill.

A […]

Weekly News Roundup for December 2, 2016

These are some of the stories we’ve been following this week.

Environmentalists are worried that coal ash ponds located on the Mobile-Tensaw River Delta in Alabama could pollute the water supply for residents located downriver.

A plan to remediate a former North Carolina DuPont X-ray film plant is expected […]

Weekly News Roundup for October 28, 2016

These are some of the stories we’ve been following this week.

A former movie theater in the South Fayette Township in Pennsylvania that is for sale will be under contract for a while longer as the potential buyer decides on a course of action to make sure the property […]

Weekly News Roundup for October 21, 2016

These are some of the stories we’ve been following this week.

Senators John McCain (R-Arizona) and John Barrasso (R-Wyoming) wrote a letter to the U.S. attorney general and the EPA administrator voicing their displeasure about the lack of criminal charges filed in connection with last year’s Gold King Mine […]

Weekly News Roundup for October 14, 2016

These are some of the stories we’ve been following this week.

Senator Ed Markey (D-MA) wants to remediate schools across the country to rid them of polychlorinated biphenyls (PCBs).

Last year more than half of the coal ash produced by power plants was recycled. In 2015, 61.1 million tons […]

Weekly News Roundup for October 7, 2016

These are some of the stories we’ve been following this week.

Duke Energy will be removing millions of tons of coal ash from one of its power plants in North Carolina.

Environmental agencies in New York are investigating an oil spill that occurred at the Indian Point Nuclear Power […]

Weekly News Roundup for September 2, 2016

These are some of the stories we’ve been following this week.

Daikin America will pay a $5 million settlement following a lawsuit alleging that the company contaminated the Tennessee River.

The city of West Haven, Connecticut is initiating eminent domain for six properties so the city can move forward […]

Weekly News Roundup for April 22, 2016

These are some of the stories we’ve been following this week.

Residents testified in a construction defect lawsuit earlier this week against the country’s largest homebuilder, D. R. Horton.

In New Hampshire, towns are coming together to deal with the lead contamination of their water. The consortium will work […]

Weekly News Roundup for April 15, 2016

These are some of the stories we’ve been following this week.

Officials in the United Kingdom are working to fight global warming while still heating homes. One option is to use hydrogen, which burns cleaner than natural gas and doesn’t give off carbon dioxide.

Voters in New Orleans voted […]

Weekly News Roundup for April 8, 2016

These are some of the stories we’ve been following this week.

The City of Miami has filed multiple lawsuits alleging that various banks violated the Fair Housing Act by targeting minorities for loans with predatory terms, which cost the city money. Wells Fargo has asked the U.S. Supreme Court to […]

Weekly News Roundup for April 1, 2016

These are some of the stories we’ve been following this week.

The U.S. economy slowed in the last quarter of 2015 as corporate profits and inventory investments declined, but increased consumer spending helped lessen the blow.

Investors have filed a class action lawsuit alleging that Wells Fargo ignored issues with problem […]

Weekly News Roundup for February 19, 2016

These are some of the stories we’ve been following this week.

Residents of Flint, Michigan affected by the lead-contaminated water are considering joining lawsuits that could reach a billion dollars in claims and damages.

The Sierra Club filed a lawsuit to reduce wastewater injection from hydraulic fracturing in Oklahoma. The non-profit […]

Weekly News Roundup for February 12, 2016

These are some of the stories we’ve been following this week.

During her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that although the Fed hasn’t ruled out a March rate increase, it might wait to act. The Fed is also investigating the viability of implementing […]

How Technology Is Changing the Landscape of Environmental Contamination

Environmental contamination continues to be a hot-button issue in the United States. From the closing statements in the Democratic Presidential Debate in Charleston, South Carolina to the trending Michigan State of the State Address, water contamination in Flint, Michigan is making the news daily. So are updates on the […]

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Weekly News Roundup for December 18, 2015

These are some of the stories we’ve been following this week.

The Federal Open Market Committee (FOMC) unanimously voted to raise the target federal funds rate 0.25%, the first time the Federal Reserve has raised interest rates in almost a decade.

The EB-5 Immigrant Investor visa program will likely be extended […]

The Benefits of Brownfield Redevelopment

You’ve probably heard of brownfields—abandoned or underutilized properties with real or perceived contamination. But you may not understand the risks they pose if not properly assessed and remediated, or the opportunities they present if carefully redeveloped. Today we examine the benefits of brownfield remediation and redevelopment, areas where we’ve […]

Weekly News Roundup for November 13, 2015

These are some of the stories we’ve been following this week.

Railroad bridges across the country are not receiving necessary repairs, and this could become a big problem as more oil trains roll across the country.

Senator Tammy Baldwin (D-WI) is asking Congress to add oil train safety provisions in the […]

Weekly News Roundup for September 11, 2015

These are some of the stories we’ve been following this week.

A new Federal Housing Administration (FHA) Single Family Housing Policy Handbook (HUD Handbook 4000.1) takes effect on September 14. FHA will be hosting a number of trainings and webinars to help lenders, appraisers, and borrowers understand policy changes and […]

Fallout from the Mine Wastewater Spill into the Animas River

One moment the Animas River looked like most other rivers in the San Juan Mountains: a torrent of dark water rushing downstream. Then a U.S. Environmental Protection Agency (EPA) accident sent millions of gallons of acid mine drainage into the river, turning it yellow.

On August 5, EPA workers entered […]

Weekly News Roundup for August 28, 2015

These are some of the stories we’ve been following this week.

A New Jersey State Superior Court Judge has approved the state’s controversial $225 million settlement with ExxonMobil to resolve natural resource damage claims related to two oil refineries, industrial facilities, and gas stations.

Airbnb recently announced its partnership with two Chinese […]

Weekly News Roundup for July 24, 2015

These are some of the stories we’ve been following this week.

The House approved a bill to weaken the U.S. Environmental Protection Agency’s recent coal ash disposal rules, which we wrote about earlier this year. However, President Obama is threatening a veto.

Adding the right pool to a home can significantly […]

Oklahoma Brownfields Conference Recap

Earlier this week I attended and spoke at the 2014 Oklahoma Brownfields Conference in Tulsa, Oklahoma. The theme of the conference was “Rethink, Reinvest, Reinvent.”

Sessions on the first day included a general session by Bill Strickland from Pittsburgh, Pennsylvania, author of several books on making the impossible possible. He […]

BNSF Railway’s Massive Cleanup of Released Oil in Skykomish, Washington

Skykomish is a small town with about 200 residents in the Mount Baker-Snoqualmie National Forest in the northeastern corner of King County, Washington. For much of its history, Skykomish was a maintenance and fueling station for the Great Northern Railway, which eventually became part of what is now known […]

Financial Repercussions and Remedies of Defective Drywall

In a previous post, we mentioned that Congress had asked the U.S. Government Accountability Office (GAO) to review methods of providing relief from damages associated with defective drywall, and GAO released a report summarizing their results on July 31, 2013. In this post, we’ll discuss GAO’s findings regarding the financial […]

An Update on the Chinese Drywall Situation

Congress asked the U.S. Government Accountability Office (GAO) to “review alternative methods of providing relief from damage associated with defective drywall.”[1] On July 31, 2013, GAO released a report providing an overview of the problem, summarizing available data about reimbursements that affected homeowners have received and considering other efforts undertaken […]

Kellogg, Idaho – Turning a Polluted Town into a Prosperous Community (Part 3 of 3)

In my last two posts we looked at how a century of mining turned the beautiful Coeur d’Alene basin and the town of Kellogg into one of the most polluted communities in the country, and then how the federal government and community came together to clean up their community. In this […]

Kellogg, Idaho – Turning a Polluted Town into a Prosperous Community (Part 2 of 3)

In my previous post, I discussed how a century of mining turned the beautiful Coeur d’Alene basin and the town of Kellogg into one of the most polluted communities in the country. In this post, I’ll review the remediation and recovery process.

With the announcement of the plant closing in […]