New York City, March 1, 2006 – PropertyShark.com and Toxics Targeting today posted a detailed Internet map that illustrates more than 12,000 toxic dumps, leaking tanks and pollution discharges throughout New York’s five boroughs. Real estate buyers can screen individual parcels for selected toxic sites that can reduce property value, impose clean up liability, or restrict property use. View Toxic Sites map here
Ryan Slack, PropertyShark.com’s chief executive officer, said “Purchasers of contaminated property can be held liable for costly clean ups so they should always conduct due diligence for environmental hazards. Prospective real estate investors will find this easy-to-use toxic site map invaluable.
Toxics Targeting used the City’s tax parcel map to locate toxic sites reported by local, state, and federal authorities. “This is the most detailed toxic site map ever made publicly available for New York City,” said Walter Hang, Toxics Targeting’s president. “Real estate investors can zoom in on individual parcels to see selected toxic sites,” Hang noted.
Toxics Targeting provides a report service that maps and profiles up to 19 toxic site categories on or around any specific address ($150.00 each). Prospective buyers can use the reports to conduct property due diligence or Phase I environmental site assessments required by mortgage lenders.
Toxics Targeting Reports can be ordered on PropertyShark.com’s web site and are emailed for fast turn-around to meet closing deadlines. Purchasers can call 800-2-TOXICS to ask report questions.
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Toxics Targeting specializes in mapping and profiling nearly 1.0 million toxic sites across New York State and New Jersey. It provides environmental database reports to property buyers, engineers, consultants, attorneys, drinking water suppliers, and municipalities.
With over 20 million properties in twenty major markets, PropertyShark.com provides real estate professionals and investors with data and tools on all aspects of property, including building details, ownership information, recent sales prices, property tax, sophisticated maps, apartments for sale, foreclosures and pre-foreclosures, mailing lists, photos, and more, available directly from the web. PropertyShark.com strives to level the playing field by offering independent real estate firms, investors, and savvy consumers the information transparency essential to evaluate real estate and make informed decisions.