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Get the free Phase I Environmental Site Assessment - NY.gov

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ACTION: OriginalDATE: 11/29/2019 9:23 AM TO BE RESCINDED3737104.2Baseline environmental site assessment.Where ownership of an underground storage tank has transferred and outstanding fees exist at
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Gather all necessary site information, including property deeds, maps, and previous environmental documents.
02
Identify the boundaries of the site and any adjacent properties that could influence the site.
03
Conduct a site visit to observe current conditions, land use, and potential sources of contamination.
04
Interview current and past property owners, occupants, and knowledgeable local residents about the site history.
05
Review regulatory records to check for any environmental permits, violations, or incidents.
06
Compile findings into a report that outlines potential environmental concerns and recommendations for further assessment if needed.

Who needs phase i environmental site?

01
Developers planning new construction projects.
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Financial institutions evaluating properties for loans.
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Businesses purchasing or leasing commercial property.
04
Government agencies involved in site remediation or environmental compliance.
05
Investors assessing risks associated with real estate assets.
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A Phase I Environmental Site Assessment (ESA) is an evaluation that identifies potential environmental contamination of a property, assessing risks associated with past and present activities on and adjacent to the site.
Parties involved in the acquisition of property, lenders, developers, or any entity concerned about potential environmental liabilities are typically required to file a Phase I Environmental Site Assessment.
Filling out a Phase I Environmental Site Assessment involves hiring a qualified environmental consultant who will conduct site inspections, review historical documents, and evaluate regulatory records to assess environmental risks.
The purpose of a Phase I Environmental Site Assessment is to identify potential or existing environmental contamination liabilities associated with a property, thereby informing stakeholders of risks before property transactions.
Key information reported in a Phase I ESA includes site history, environmental regulatory compliance, results of site inspections, interviews with owners and occupants, and identification of recognized environmental conditions (RECs).
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