The UK’s Better Buildings Partnership has released an updated version of its Green Lease Toolkit, which includes a sample Memorandum of Understanding for environmental lease objectives, and is an important addition to the growing compendium of available green leasing resources.
A new green leasing tool from the Institute for Market Transformation and the Retail Industry Leaders Association has the ambitious goal of beginning to disseminate green leasing practices within the retail industry, which has generally lagged behind office markets in implementing sustainability within leasing documents.
Some persisting trends in commercial leasing abroad could suggest how future green leasing markets in North America might look if data-driven regulatory activity increases at the state and local levels.
In a move that it describes as “transformative,” one of the UK’s largest retailers has announced a major initiative that will incorporate green lease obligations into all of its new and existing shopping center and retail park leases.
REI’s new 35,000-square-foot SoHo store is the Washington-based outdoor clothing chain’s first in New York City and one of the most interesting and accessible green building projects that you’ll come across anywhere in Manhattan- even if you’re not the hiking, biking, or climbing type.
Over 125 energy-efficient LED lamps illuminate Starbucks’ new NYC flagship in Times Square in order to evoke the nostalgia of an old Broadway theater stage set.
Local banks still exist, but are increasingly the sort of thing grandparents talk about walking past on their way uphill to school (and then again, on the uphill home) back in the old days. The tellers knew your name, the locations were convenient, there were no grandiose jerkweeds in a back room tranching and re-tranching your mortgage, then making trillions of dollars worth of bets on whether or not you’d pay it back, and then going out for steak and yelling profanities at each other. Commerce Bank was one such nice-guy local bank — except for the unfeasible dual-uphill-location thing — before it was purchased by Canadian banking giant TD Banknorth back in 2007. As so often happens with your bigger banks, TD Bank went about alienating New Jerseyans (admittedly, not difficult) by acting like a Canadian Banking Giant. It will take more than some solar-enhanced drive-throughs and a bunch of carbon offsets to win back Jersey — we’re like that — but TD Bank’s recent announcement that it plans to go carbon neutral at least is a sign that the erstwhile Canadian Banking Giant is dedicated to being a Responsible Canadian Banking Giant.
The Garden State’s first LEED-certified restaurant is on track to become a pizzeria in suburban Ridgewood.
Big box retailers are seeing increased demand for green building products and materials.
At Astor Wines and Spirits, two microturbines are providing enough electricity to heat, cool, and power the store and its upstairs cooking school and gallery space.