SYRACUSE, NY: Bousquet Holstein PLLC, a premier New York-based law firm, is proud to highlight its continued success in guiding developers and municipalities through the complexities of the New York State Brownfield Cleanup Program (BCP).
To date, the firm has advised on a diverse portfolio of redevelopment projects with an estimated construction value exceeding $3.5 billion, securing anticipated brownfield tax credits totaling more than $500 million.
The New York BCP is designed to encourage the cleanup and productive reuse of contaminated or underutilized properties by offering tax incentives and liability protections.
As redevelopment activity increases in both urban and upstate regions, understanding how to qualify for and maximize brownfield tax credits has become a critical issue for developers, municipalities, financial institutions, and other project participants.
Attorneys in the firm’s Brownfields Practice Group work with clients from the early planning stages of a project through cleanup, construction, and post-completion compliance. This includes evaluating project eligibility for the BCP, structuring transactions to account for tax implications, and coordinating with environmental consultants, accountants, and government agencies.
The firm’s experience spans real estate, tax, accounting, and business transactions, allowing it to address the interconnected legal and financial considerations that often arise in brownfield redevelopment.
A key part of this work involves guiding projects through the BCP approval process and assisting clients in obtaining a Certificate of Completion from the New York State Department of Environmental Conservation. Once a project reaches that milestone, the focus often shifts to claiming brownfield tax credits.
Bousquet Holstein attorneys support clients and their accounting teams in preparing the required forms and documentation and in responding to desk audits or full examinations conducted by the New York State Department of Taxation and Finance.
The firm has advised on a wide range of redevelopment projects throughout New York, including sites in Manhattan, Queens, Yonkers, White Plains, Long Island, the Catskills, the upper Hudson Valley, and numerous upstate communities such as Syracuse, Utica, Buffalo, Ithaca, and Binghamton.
According to the firm, the estimated construction value of these projects exceeds $3.5 billion, with anticipated brownfield tax credits totaling more than $500 million. These projects include mixed-use developments, residential housing, commercial properties, and community-focused redevelopment initiatives.
In addition to its core brownfields work, the practice collaborates closely with attorneys in the firm’s Economic Development, Real Estate, Land Use, Zoning, State Environmental Quality Review, and Business Transactions groups. This integrated approach is intended to help projects move efficiently from concept and site acquisition through construction and full operational use, while addressing regulatory requirements and financing considerations along the way.
Founded in New York and serving clients statewide, Bousquet Holstein PLLC has provided legal counsel for more than six decades. The firm represents businesses, developers, municipalities, and individuals across a range of practice areas, including environmental law, economic development, real estate, tax, litigation, and trusts and estates. Its attorneys are based in offices in Syracuse and Ithaca and regularly work on matters with regional and statewide impact.