News: Brokerage

New SEQRA amendments: What developers and land-use professionals need to know - by Andrea Tsoukalas Curto

Andrea Tsoukalas Curto,
Forchelli Deegan Terrana LLP

The first major State Environmental Quality Review Act (SEQRA) revisions since 1996 took effect January 1, 2019. The amendment has expanded upon the list of Type II actions, with the goal of supporting policies that favor green infrastructure, renewable energy and smart growth. One of the highlights of the new revisions is that a project that involves redevelopment of an existing building could be classified as a Type II action and would not require the SEQRA process. This is a major relief to developers. 

While the Type II list has expanded, some Type I thresholds have been lowered, meaning that more projects may be classified as Type I and require SEQRA review. For example, the threshold number for triggering a Type I action has been lowered for the construction of new residential units seeking to be connected to existing community or public water sewerage systems. Additionally, the revisions have expanded on the types of historic classifications which would convert an Unlisted action to a Type I action. This expansion becomes an additional hurdle for developers and property owners alike. 

The amendments have also added new scoping requirements. While scoping was previously optional, the amendments now make it mandatory for all EIS. 

The DEC has made efforts to modernize the SEQRA process and make it more transparent. Most notably, the amendments have expanded on the list of Type II actions with a goal of encouraging “green” building. Developers will now benefit from the new list of projects that are no longer subject to SEQRA review. However, where actions are considered Type I or Unlisted and have received a Positive Declaration, the process will become more onerous, and now include mandatory scoping. 

Andrea Tsoukalas Curto is a partner, and Jessica Leis is an associate in the Land Use and Zoning Practice Group at Forchelli Deegan Terrana LLP, Uniondale, N.Y.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,