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LSRP: A Sea Change

SOUTH PLAINFIELD, NJ-Relationships between real estate developers and their consultants and attorneys will change dramatically as a result of the New Jersey License Site Remediation Professionals program, according to a panel of industry experts.

By Alyson Grala | Updated on October 27, 2009

SOUTH PLAINFIELD, NJ-Industry experts gave real estate developers and attorneys a preview of the pending Licensed Site Remediation Professionals program yesterday at NAIOP NJ’s “Life Under LSRP” event held at the PSE&G Training Center here.

On hand to discuss the program and how it will impact the industry were Irene Kropp, New Jersey Department of Environmental Protection assistant commissioner for site remediation, as well as Steven Senior, counsel in the environmental practice group of Riker, Danzig, Scherer, Hyland & Perretti; Peter Rand, vice president and senior relationship manager with KeyBank Real Estate Capital; Dan Borgna, vice president of Frenkel Environmental; and Nick DeRose at Langan Engineering and Environmental Services.

But first some background. Faced with the challenge of ensuring that more than 20,000 contaminated sites in New Jersey are properly remediated in a timely manner, the DEP worked closely with the New Jersey Legislature and stakeholders to develop legislation that will dramatically change the process used to conduct environmental investigations and cleanups. On May 7, 2009, Gov. Jon Corzine signed the Site Remediation Reform Act into law.

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