Beginning on November 1, Australia will require landlords to disclose the energy efficiency of their office buildings when they either sell or lease space that is larger than 21,530 square feet.
Tag Archives | green real estate
Just before the July 4 holiday, Fireman’s Fund, which launched the green building property insurance market back in 2006, released what it is calling its “next generation” of green building policy endorsements.
Recent efforts by Atlanta’s restaurant industry to resist proposed green building legislation implicate the conclusions of NIBS’ report about state- and local-level green building policy which we noted last month here at GRELJ. The Atlanta Sustainable Building Draft Ordinance would require the city’s commercial buildings and residential dwellings three stories or higher to comply with either LEED or specifications drafted by the Sustainable Atlanta committee. What’s particularly interesting about the pushback is the extent to which it reflects the conclusions in the NIBS report; for example, Keisha Carter, director of public affairs of the Georgia Restaurant Association, stated in a recent piece in Nation’s Restaurant News that “[t]here needs to be more due diligence on this before the city council can even consider passing it. There is a lot of political play going on with this thing, but we’re trying to stay on top of it and be heard. There is major concern that it will pass, but the members of the city council must come to realize it’s not in any shape to be passed just yet.” This comment reminded me of language in the NIBS report which noted that “[a]t an increasing rate, state and local governments and their code/regulatory agencies are adopting building rating / certification systems, intended as voluntary systems, to be their code or regulatory requirements, often without fully understanding their benefits, tradeoffs, and costs.”
Starwood’s element hotel brand is coming to Mercer County, New Jersey, and raises some interesting green legal questions in the context of franchising arrangements.
While it’s true that statistics don’t always tell the whole story, some recent figures from XL and NAHB have important risk management implications for green building industry stakeholders.
There’s quite a bit of important green building-related activity taking place across the Hudson River in Hoboken, New Jersey.
Let’s check in on some recent leasing activity at two of Manhattan’s highest profile new commercial office buildings, both of which are pursuing LEED ratings and commanding Class A rents.
A series of GBI-led webinars will examine the various liability issues that construction and real estate industry stakeholders may confront in connection with green projects.
“New York Fast Forward: Neil Denari Builds on the High Line” features models and renderings of the $22 million, LEED Gold-hopeful condo project, as well as High Line history.
The Green Building Finance Consortium has released an important critique of the recent CoStar study that touted the financial performance (sale and rental premiums) of LEED- and Energy Star-rated buildings.