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Tag Archives | green real estate

Gore Scores 48th Floor at Bank of America Tower

Back in September, we noted a report in Crain’s that Al Gore’s investment firm, Generation Investment Management LLP, was looking for LEED-certified office space in New York City. Today, Generation announced that it has secured a 5,000-square-foot lease on the 48th floor of the Durst Organization’s Bank of America Tower, which expects to receive the […]

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Green Retail Development a Hot Topic at ICSC Fall Conference

The International Council of Shopping Centers (“ICSC”) devoted attention to the intersection of sustainability and shopping center development at its 2007 Fall Conference in New Orleans, which wrapped up earlier this week. Specific green retail projects that were discussed included the Yorkdale Shopping Centre in Toronto, which has reduced its energy costs by C$400,000 since […]

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“White Hot” 2007-09 NYC Construction Forecast Bodes Well for Green Building

At an industry breakfast forum held on Tuesday in Midtown, the New York Building Congress released its three-year outlook for construction activity in the New York City metropolitan area. Richard T. Anderson, President of the Building Congress, introduced the report and emphasized the robust figures across all sectors of the industry. $83 billion in construction […]

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Manhattan Commercial Green Building Survey with Spotlight on Green Rehabs

This week’s issue of Crain’s New York Business includes the paper’s most recent Real Estate Report, which focuses on green building projects in New York City’s commercial and residential sectors. gbNYC has previously discussed many of the new commercial projects presented in the article, titled Eco-towers on the rise, including 7 WTC and the other […]

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The Subprime Lending Meltdown: What Does It Mean for Green Building Part II?

Following up on yesterday’s Monday LEEDoff, an article on the cover page of this week’s edition of Crain’s ominously noted that “[t]he credit crunch [stemming from the subprime meltdown] is paralyzing the New York real estate market. In the past few weeks, financing for almost all large commercial and residential projects in the city has […]

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11 Times Square and the Subprime Lending Meltdown- What Does it Mean for Green Building?

Over the past couple of weeks, it’s been impossible to ignore the economic doomsday scenarios that pundits have been tossing about in the wake of several high profile bankruptcy declarations by subprime lenders like American Home Mortgage (as well as the $11.5 billion loan obtained by Countrywide Financial to bolster its cash reserves). So, should […]

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