2B — August 24 - Sept. 13, 2018 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers Atlantic Environmental Solutions Inc. LSRP remediation services integral for owners & developers

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ew Jersey’s history as an industrial center has left a legacy of liabili-

Protection (NJDEP) to private sector Licensed Site Reme- diation Professionals (LSRPs). According to Michael Novak, LSRP and President of Atlantic Environmental Solutions Inc. (AESI), a Hoboken-based envi- ronmental remediation and con- sulting firm, “Since the LSRP program was fully launched in May 2012, more contaminated sites across the state are being cleaned up and returned to quality, productive use faster than ever before.” A Pioneer in the LSRP Program Novak was one of the first individuals to be issued an LSRP license in New Jersey. “As transaction-based environ- mental consultants, our firm was accustomed to performing remediation and consulting ser- vices on a rapid basis to facili- tate a deal, and we had success interacting with the NJDEP on fast-turnaround projects,” Novak said. With multiple LSRPs on staff, he and his team have closed 147 LSRP matters with Response Action Outcome (RAO) letters. AESI has 327

LSRP projects in total, ranking it high among environmental firms statewide. Approximately 60% of AESI’s workload is generated by envi- ronmental due diligence and soil and groundwater remedia- tion services. The firm’s LSRPs work with clients to investi- gate and remediate properties, and Areas of Concern (AOCs) must achieve full compliance with the NJDEP Technical Re- quirements, multiple guidance documents and Remediation standards. Transaction speed is a key consideration, and AESI is committed to expediting site cleanup as quickly as possible without compromising quality. “Helping our customers rapidly attain full compliance is our top priority,” noted Novak. AESI LSRP services include soil and groundwater remedial action permits, preliminary as- sessments, site investigations and remediation. One of the hallmarks of the firm’s work is the methodology it uses when strategizing a remediation plan continued on page 6B

ties for real estate owners and develop- ers. As a re- sult, buyers and sellers of a wide range of properties encounter se-

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Michael Novak

rious environmental concerns, from leaking underground stor- age tanks to buried industrial waste, poor quality fill material, improper handling of hazardous materials, historic PCB usage and spills. The volume of con- taminated sites coupled with increased demand for efficient cleanup has led to sweeping changes in the way site reme- diation is handled throughout the state. The Site Remediation Re- form Act (SRRA), which went into effect in 2009, shifted the responsibility for initiating and completing most remediation projects from the New Jersey Department of Environmental

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