News: Long Island

CA Rich honored with awards for two environmental projects in New York City

According to CA Rich, the firm has been the recipient of the NYC Big Apple Brownfield Award for Green Building. CA Rich is proud to have partnered with the Fifth Ave. Committee, New Partners for Community Revitalization, Magnusson Architecture and Planning and Mega Contracting in bringing a blighted one-third acre area in Brooklyn to become a new 10-story commercial/residential property-known as Atlantic Terrace. The investigation and cleanup was approved by NYCDEP and NYSDEC. Atlantic Terrace (AT) now sits on a site formerly occupied by a gasoline filling station. Ownership of the property was transferred to NYCHPD. The Fifth Ave. Committee approached the dept. to develop this area as part of the Atlantic Terminal Urban Renewal Area. All of the project stakeholders played a major role in making certain that AT met LEED-Gold standards as well as Energy Star and Enterprise Green Communities requirements. The building is clad in an energy-efficient brick exterior and windows as well as a high-performance boiler, heat pump, and cooling system. Atlantic Terrace has 80 residential units, 59 of which qualify as affordable housing. AT includes three retail units, on-site parking, and a green roof system with native and drought resistant plants. In keeping with reuse/recycle mentality, many of the materials used in building AT came from Brooklyn-or were manufactured by local businesses based in Brooklyn. Additionally, the firm is the recipient of NYC Brownfield Partnership Distinguished Service Award for Affordable Housing. CA Rich attended the third annual Big Apple Brownfield Awards presentation on May 5th as the environmental expert in this highly recognized remediated site in the Melrose section of the Bronx known as La Terraza located on East 158th St. Here, impacted soil was excavated and transported to a non-hazardous waste disposal facility. Groundwater was remediated through in-situ chemical oxidation along with a pump-and-treat system. Construction began in 2009 for a new eight-story mixed-use residential building containing 107 affordable units, with 1,250 s/f of community space, 9,000 s/f of retail space, and parking space for up to 40 vehicles. Oversight and support for the cleanup activities was effectively coordinated with NYS Dept. of Environmental Conservation. Agency coordination is imperative to speed cleanups at these kinds of complex redevelopments. CA Rich is very proud of the contributions we've made in these two formerly environmentally impacted sites. Since 1982, we've made it our mission to fully understand the environmental regulatory review process at all levels of government, thus successively meeting the goals and important business objectives of all of our clients. CA Rich is based in Plainview, Long Island.
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.