Lawyer: Southern Tier Homeowners Should Learn About Gas Leases
An attorney from Westchester County is advising homeowners in Broome, Tioga and nearby counties to find out how gas drilling in the region could affect them, whether or not they sign a gas lease.
Speaking on WNBF Radio’s Binghamton Now program, Elisabeth Radow said she works with property buyers and owners to manage potential risk.
Radow chairs the committee on energy, agriculture and the environment for the League of Women Voters of New York State.
Radow noted over the last few years there hadn’t been a lot of attention paid to the direct and indirect impact high-volume hydraulic fracturing would have on property owners in the Marcellus Shale region.
Radow said homeowners need to learn about how fracking could affect their mortgages and their ability to sell their homes.
Radow plans to participate in an informational program in Vestal on Thursday along with Greg May, vice president for residential mortgage lending for Tompkins Trust Company.
The presentation is to be held at the Vestal Public Library on the Vestal Parkway East. Doors will open at 6:30 pm.
The program is sponsored by the League of Women Voters and Vestal Residents for Safe Energy.
New York State’s Department of Environmental Conservation has been assessing thousands of comments regarding proposed fracking regulations.
DEC commissioner Joe Martens last week announced the state health commissioner would oversee a review of potential health effects