The “revolutionary” green bond financing for the ambitious Destiny USA mega-mall project in Syracuse, New York may lose its tax-exempt status because the developer has failed to incorporate certain green design features as promised in its application to the IRS for the exemption.
Tag Archives | New York
Study: Lack of FSC-Certified Wood Products Creating Green Construction “Bottleneck” in New York
A recent study published in the Forest Products Journal identifies a lack of FSC-certified wood products as creating a green construction “bottleneck,” and calls on USGBC to open up its MR-7 Certified Wood credit to alternative forest certification regimes.
Appellate Division Grants Preliminary Injunction Based on Project’s “Revolutionary” Green Construction Financing
In a decision with implications for owners and lenders, the Appellate Division for New York State’s Fourth Department recently upheld a preliminary injunction in favor of the Destiny USA development in Syracuse based explicitly on the project’s green features.
Industry Protests Against Southampton Solar-Powered Pool and The pool Cleaning Service Legislation
A new law in Southampton that would require all new pool heaters to be solar-powered is facing stern opposition from industry groups.
Chautauqua Wind Energy to Capture Green Power Upstate
By Stephen Del Percio on August 12, 2008 in Alternative Energy, Intellectual Property & Technology, New York City, Upstate
Based in what it believes is prime wind energy country upstate, the company plans to move into the fledgling market for smaller scale, residential wind turbines beginning this fall.
New York Energy Smart Loan Fund Offers Incentives for Energy Efficiency Across Empire State
The program is offered through NYSERDA and offers interest rate deductions on loans supporting energy efficiency improvements to real property.
Albany Reaches Agreement on Amendments to Brownfield Cleanup Program Act
Proposed amendments to New York State’s Brownfield Cleanup Program Act could significantly increase the amount of available tax credits for Empire State developers.
