Governor Cuomo has signed legislation which authorizes local governments or school districts to provide a real property tax exemption for new green building or renovation projects constructed after January 1, 2013 by local law, ordinance, or resolution.
Archive | Upstate
In Oregon Lease Renewal, New York-Based Tenant Negotiates Green Building Upgrades
By Stephen Del Percio on January 25, 2012 in Green Leases, Leases, LEED-EB, Portland, Transactions, Upstate
Welch Allyn, a New York-based manufacturer and distributor of medical supplies, was recently able to capitalize on the soft commercial real estate market by negotiating green building upgrades in connection with a 100,000-square-foot office renewal in Beaverton, Oregon.
Destined for Disaster? “Revolutionary” Green Bond Financing for Syracuse Mega-Project In Jeopardy
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.
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.
NYSERDA Tests High-Rise Wind Power Installation at Corning Tower in Albany
By Stephen Del Percio on February 11, 2009 in Alternative Energy, Intellectual Property & Technology, Upstate
Swift Wind Turbines, as these devices are known, are designed specifically for rooftop operation and are being tested in Albany for viability throughout New York State.
Green LITES: NYSDOT Introduces Sustainable Transportation Design Program
The Department of Transportation’s Green Leadership In Transportation and Environmental Sustainability program is based on LEED and the first of its kind anywhere in the country aimed specifically at sustainable transportation design.
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.
