Barbara Lifton Interview - The Capitol Pressroom - May 24, 2011

Tompkins County bankers and Assembly member Barbara Lifton met with Cuomo administration officials within the last few weeks to discuss a potentially explosive problem for land owners who have gas drilling leases. It turns out that gas/oil leases are generally not accepted by lenders such as Well, GMAC, FNCB, Fidelity, FHA, First Liberty or Bank of America, among others. Lifton and others are requesting that the administration reopen the DEC’s SGEIS process to include the study of land values. Lifton will join us with more.