Tuesday, April 28, 2009

Superfund damages

The article On the Gowanus Canal, Superfund Stigma is about the Gowanus Canal in New York that has been contaminated for over a century. The Canal is in a highly industrial area and has been polluted with pesticides, heavy metals, and carcinogens.
The Environmental Protection Agency wants to put the canal on the national priorities list of its superfund program, however, the state of New York isn’t in complete agreement on this. There’s a fear that being placed on the superfund list will deter new development. Currently there are two housing projects scheduled for the area, providing 1,200 housing units and costing about $500 million. Housing developers are already threatening to pull out because they claim “to market residential units at a superfund site is virtually impossible.” There is some truth in that statement because it has been shown that property values decline after being deemed a superfund site. Although, it has also been shown that property values go back up after clean up and sometimes to even higher levels. Residents also have mixed feelings on the project, they of course do not want the value of their homes declining, but they would also like to clean up the health hazard in their backyard.
I think the state should allow the EPA to place the Gowanus Canal on the superfund list because even though property values would drop, they would go back up again. Also, the canal is considered a health hazard and the health of the residents that live there is more important than housing development. All in all I think it is a good idea, and hopefully the EPA wins their battle against the state.
--Samantha Richmond