Fracking Poses Threat To NY Land Values, Mortgages

Law360, New York (January 9, 2014, 4:55 PM EST) -- The future of high-volume hydraulic fracturing in New York is in limbo pending a review from the health commissioner, but its potential impact on property ownership, land values and mortgage eligibility is already being felt as cities seek to block the practice and experts take a second look at drilling leases.

New York is in a state of uncertainty as it waits for Commissioner of Health Dr. Nirav Shah's report, and a number of questions related to fracking have not yet been significantly discussed by the...
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