In a decision that has significant implications for the design-build and government contracting communities, the Federal Circuit has reversed a Court of Claims decision that numerous commentators and industry organizations had believed was wrongly decided.
As Malkin Holdings moves forward with its plan to convert ownership in the Empire State Building into a publicly traded REIT, the image licensing company Shutterstock has signed an 80,000-square-foot lease across two entire floors at the iconic tower.
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.
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.
News that Malkin Properties 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 throughout New York City.
A federal lawsuit alleging over $700,000 in fraud arising out of the sale of New Jersey solar renewable energy certificates by a North Jersey solar power provider to a New York-based hedge fund has settled, but highlights the ongoing pricing turmoil in the renewable energy markets.
The Ninth Circuit Court of Appeals has upheld the Western District of Washington’s decision in BIAW et al. v. Washington State Building Code Council, allowing disputed amendments to the state’s energy efficiency code to take effect under the building code exception to federal preemption in EPCA.
A lawsuit challenging Malkin Holdings’ plans to launch a publicly traded REIT could impact its efforts to implement advanced building technologies across a broader range of New York City commercial office buildings.
After granting partial summary judgment to the plaintiffs last year, the District of New Mexico has ruled on a fresh set of summary judgment motions and effectively enjoined the City of Albuquerque from implementing amendments to its Energy Conservation Code.
A recent lawsuit filed against a fledgling green building consultancy suggests that the increasing value in the delivery of LEED certification and building commissioning services is also increasing the importance of risk management for corporate entities and their employees.