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.
Archive | Legislation
House Committee Holds Important Hearing on Science Behind Green Building Rating Systems
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.
Historic LEED Gold 148 Lafayette Street Trades Hands for $132M
By Stephen Del Percio on June 1, 2012 in Historic Preservation, LEED-CS, Manhattan, Market Analysis, New York City, Sales, SoHo, Transactions
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.
Brooklyn Navy Yard Lands Two Tenants in Bid to Become NYC’s Green Manufacturing Hub
By Stephen Del Percio on May 29, 2012 in Brooklyn Navy Yard, Historic Preservation, Leases, LEED-NC, Manhattan, Market Analysis, New York City, Transactions
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.
Belgian REIT Follows French Legislation By Incorporating Environmental Appendix Into Parisian Net Lease
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.
Going-Going-Green: Strategies for Fostering Sustainable New Federal Buildings: Is Revising the FAR the Key?
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.
Toronto Real Estate Industry Continues to Lobby Against Green Roof Mandate
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.
In SoHo, Historic 568 Broadway Becomes Beacon for New York City Tech Start-Ups
By Stephen Del Percio on March 29, 2012 in 568 Broadway, Historic Preservation, Intellectual Property & Technology, Manhattan, New York City, SoHo
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.
Incentives & Net Metering Yet to Materialize at 360 State Street: Connecticut’s First LEED Platinum Building
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.
Publisher Quadruples Space at Malkin’s REIT-Bound 250 West 57th Street
By Stephen Del Percio on March 1, 2012 in Columbus Circle, Historic Preservation, Leases, Manhattan, New York City, Transactions
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.
