Although the City Council is on the verge of approving it, BOMA is objecting to a proposed ordinance that would require Philadelphia commercial buildings larger than 50,000 square feet to publicly disclose energy and water data in a form similar to Energy Star.
The House of Representatives’ Science, Space, and Technology Committee’s Subcommittee on Investigations and Oversight’s recent hearing “The Science Behind Green Building Rating Systems” is perhaps the highest-profile example that changes are on the horizon for federal green building policy.
The LEED for Core and Shell Gold 148 Lafayette Street – which dates from 1913 – has been sold to the real estate investment firm EPIC for approximately $850 per square foot.
In deals totaling 130,000 square feet, two tenants have agreed to anchor a new Green Manufacturing Center at the Brooklyn Navy Yard, an effort that the city hopes will help spur manufacturing and innovation within the environment-friendly technology sector.
Brussels-listed real estate investment trust Cofinimmo S.A. recently announced the acquisition of an EHPAD nursing home facility in Paris which includes an environment appendix to its lease under new French legislation that applies to the commercial real estate sector.
An article in the latest issue of the Public Contract Law Journal is particularly timely in light of recent commentary on the Department of Defense’s intention to pursue LEED certification for its projects while simultaneously developing a new, agency-specific building code.
Last fall, Toronto’s industrial real estate sector successfully lobbied the City Council for an exception to the city’s Green Roof Bylaw, allowing new industrial properties and building additions to install cool roofing material instead of green roofs. Now, the institutional sector is pushing for the same exception.
While observers have touted Midtown South’s emerging “Silicon Alley” as the place to be for technology tenants, four home-grown NYC start-ups have quietly collected 110,000 square feet at this historic, George Post-designed property at Prince Street.
There’s been little progress over the past year in activating a 400-kilowatt fuel cell at Connecticut’s largest apartment building. Now, developer Bruce Becker is also waiting on $10 milllion in tax credits and $3.6 million in energy-efficiency grants that he claims the state owes to him.
Although the tower doesn’t sport a LEED or an Energy Star label – yet – a recent deal at Malkin Properties’ historic 250 West 57th Street is notable for a number of important reasons.