Remediation is not an absolute term. In the environmental-risk lingo it means the reduction of the intensity of the contamination to such levels that will be accepted by the regulatory authorities as safe for public health and the environment.
It is not unusual for us to be approached by investors much interested in environmentally impaired properties. Some say that gain is proportional to the pain that one is able to experience, and we’ve found that there are those out there that will go long way for the sake of the eventual reward.
