What is the Suffolk County Landbank Corporation?
The Suffolk County Landbank Corporation (SCLBC) is a not-for-profit corporation, which was organized in accordance with the New York State Land Bank Act. The overall purpose of the SCLBC is to facilitate the redevelopment of distressed and underutilized properties within Suffolk County. Suffolk County was granted approval to create a land bank in February 2013, and the SCLBC was organized in May 2013. The SCLBC was the first land bank in New York State to be specifically devoted to the responsible and productive re-use of brownfield properties. The creation of the SCLBC was the result of extensive collaboration with the Executive and Legislative branches of Suffolk County’s government, as well as the Suffolk Town Supervisors Association, all of which are represented in the board of directors, as well as New York State’s Department of Environmental Conservation, and community stakeholders. The cooperative approach in its organization has resulted in expressions of support from every town in the county.
The goals of the Suffolk County Landbank Corporation (SCLBC) are to: facilitate community revitalization, protect the quality of Suffolk's sole source of drinking water through the cleanup of brownfields, and create short term remediation jobs, mid-term construction jobs, and long-term employment, by returning neglected properties to productive reuse. Long Island is a heavily developed and densely populated area; therefore, commercial and industrial space is at a premium. By purchasing, cleaning and restoring these tax delinquent properties to productive use, not only are developers creating jobs and revitalizing communities, they are also preserving valuable green space throughout Suffolk County.
All of the brownfield properties we currently market are tax delinquent and have some degree of recognized environmental condition or suspected environmental condition. We provide all Phase I and II reports to ensure that interested parties have access to pertinent information regarding our sites. Suffolk County transfers the tax liens to the SCLBC and combined with the environmental assessment information we are then able to negotiate and consider a wide scope of redevelopment deals; granted that the party agrees to clean up the recognized environmental concerns, typically through purchasing a bond in the amount of the remediation costs. By having close ties to Suffolk County Government, the SCLBC is able to bridge the gap between developers and government to create unique opportunities at these sites.
View SCLBC's available sites on its profile or by clicking the image below and selecting the listings tab.