2015 Year in Review - Chuck Merritt

Merritt Environmental Consulting Corp." width="150" height="150" /> Chuck Merritt, Merritt Environmental Consulting Corp.

What was your most notable project, deal, transaction or professional achievement in 2015? MECC was tasked with removing two (2) buried oil tanks that were taken out of service many years ago but not properly closed in place. Sampling of the groundwater around the tanks indicated contamination was present which was reported the to the New York State Department of Environmental Conservation (NYSDEC) )Over the course of several days, the tanks were removed along with the impacted soil. The NYSDEC was on site during the work and closed the spill event upon reviewing the MECC final closure report What real estate project, transaction, market trend or product had a significant impact on your industry in 2015? The introduction of the ASTM E1527-13 standard which replaces a prior standard that had a sunset date of October 2015. How will you be supercharging your productivity in 2016? MECC will continue assist clients up and down the East Coast on the environmental challenges that arise in the real estate they are purchasing or refinancing with lending institutions. What emerging trends will drive investment and development in 2016? The increasing value of real estate in the 5 boroughs of New York will continue to encourage investors to develop and re-develop all sort s of asset classes.

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