Signed into law on June 10, the Water Infrastructure Finance and Innovation Act, or WIFIA, is a five-year, $350 million pilot federal loan program for large water and wastewater infrastructure projects designed to encourage P3 delivery in this important market sector.
Released by the Minister of State for Human Resources Development, a new report aims to unravel the reasons behind India’s slow adoption of green building practices and policies.
Increasing data sets about the performance of energy efficiency retrofit projects is critical to increasing the number of investors willing to extend clean tech financing.
Calling digital products and services that leverage technology and data to improve the built environment “Green 2.0,” NYCEDC and NYU-Polytechnic are placing a new clean tech incubator in the Brooklyn Tech Triangle to try and replicate the start-up successes the tandem have already created through other incubator programs elsewhere in the city.
Pending a final hearing on May 2, a New York County Supreme Court judge has given his preliminary approval for Malkin Holdings’ plan to convert ownership in the Empire State Building (and 18 other properties) into a publicly traded real estate investment trust.
Construction on a $680 million platform above LIRR and Amtrak tracks on Ninth Avenue will allow Brookfield Properties to proceed with its $4.5 billion Manhattan West development, which will feature two 60-story, LEED Gold-hopeful commercial office towers.
With a $60 million construction loan in place, the LEED Gold-hopeful 837 Washington Street was able to break ground earlier this week.
In an effort that will completely redefine Manhattan’s far West Side, the city officially broke ground earlier this week on the massive Hudson Yards project, which will feature at least two LEED Gold office towers.
News that Malkin Holdings has settled the lawsuit challenging the conversion of its ownership interest in the Empire State Building into a publicly traded real estate investment trust is also a win for advanced building technologies and green building generally.
In addition to presenting some important insights about the current state of the European green real estate market, a recent survey of property owners in France, Germany, and the United Kingdom concludes that investors are most interested in identifying green-related opportunities at the portfolio level.