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A Closer Look at the 2011 Midtown Manhattan Green Building Opportunity Index Profile Report

gbNYC takes a closer look at the Midtown Manhattan Profile Report, prepared as part of Cushman & Wakefield’s 2011 Green Building Opportunity Index, in order to draw some anecdotal conclusions about the state of green real estate in the country’s largest office market.

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LEED 2009 Creeps Into New York City’s Greener, Greater Buildings Plan

Although the costs of auditing were raised by opponents to the plan earlier this year, mandatory energy audits are now required every ten years, though buildings certified under LEED 2009 for Existing Buildings: Operations & Maintenance or which receive EPA’s Energy Star label are exempt. It’s this exemption that’s of particular interest to us here at GRELJ.

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Finding the Green to Go Green: Is This Green Leasing’s Moment?

It’s hardly controversial, given what the “g” in gbNYC stands for, to advocate the idea that green retrofits are a good idea for buildings in New York and elsewhere. But as the consensus grows that this is, in fact, what’s going to happen — at least in the sense that a greener built environment is so clearly wise, responsible and cost-effective that it kind of has to happen — let’s take a break from popping Cristal over the coming retrofit boom and fretting over the imperfections of our current capacities. During that break, we’d encourage you to take a walk (but bring mittens, it’s cold) and maybe give some thought to just how we’re going to pay for all those awesome retrofits that are surely coming down the pike. While we all broadly agree on what should happen when it comes to retrofits, it will be easier to believe that all those good things will happen when we have some idea how they will happen. Which brings us to… green leasing?

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