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[20 Aug 2014 | No Comment | ]

Reckson, a division of SL Green Realty Corp, has received a green business certification through Westchester Green Business-Certified (WGB-Certified), a program launched by Westchester County and The Business Council of Westchester.
The WGB-Certified designation supports Westchester-based organizations who “go green” while saving money and improving performance.
Reckson/SL Green has been a leading program sponsor since 2010. Through collaboration and peer-learning, WGB-Certified participants develop all aspects of sustainable business practices addressing energy, transportation, waste management, land use, water and carbon footprint analysis. “Reckson/SL Green is pleased to be one of Westchester’s first companies …

Green Building »

[20 Aug 2014 | No Comment | ]
Clinton congratulates Empire State Building on job well done

Former President Bill Clinton tipped his hat to the Empires State Building this week following news that the world’s most famous building had shaved $7.5 million off its energy bills.
Five years ago, Clinton, along with former mayor Mike Bloomberg, helped launch a pioneering retrofitting program at the landmark property through the Clinton Climate Initiative Cities program.
The effort, the Empire State Building announced this week, has lead to unprecedented savings for the third consecutive year.
“Five years into the retrofit of the Empire State Building, we have seen carbon emission reductions and …

Green Building »

[11 Aug 2014 | No Comment | ]
Investors fueling hike in green valuation

By Steve Schleider, MAI, LEED-AP BC+D, president,
Metropolitan Valuation Services
As a commercial real estate appraiser — and the only one in New York City with a LEED-AP — I have long been both a proponent of green real estate best practices and in the forefront of valuing green real estate, a complex and relatively new area of appraisal.
The appraiser’s job is to reflect the thoughts and actions of real estate investors who finance new construction, major renovation projects and property purchases in their analyses of what a building is worth.
Over the …

Green Building »

[6 Aug 2014 | No Comment | ]

The New York State Energy Research and Development Authority (NYSERDA) has announced a new partnership that will expand clean-energy project financing to all of New York State for commercial, industrial and multifamily buildings.
The cash is to help them become more competitive and cost-effective by decreasing their energy costs.
Through the partnership, NYSERDA is providing approximately $1 million to the Energy Improvement Corporation (EIC) to jumpstart its Energize NY Finance program in the State over the next two years.
The program uses Commercial Property Assessed Clean Energy Finance (PACE) and property tax laws …

Green Building, Property Managers »

[17 Jul 2014 | No Comment | ]

Mack-Cali Realty Corporation announced that 5 Wood Hollow Road in Parsippany, N.J., has received LEED® for Existing Buildings: Operations & Maintenance™ Gold certification from the U.S. Green Building Council (USGBC).
5 Wood Hollow Road is the 13th commercial property in New Jersey to receive the prestigious award.
The LEED for Existing Buildings: O&M rating system recognizes maximized operational efficiency with minimized environmental impact. It addresses cleaning and maintenance issues, including chemical use, recycling programs, exterior maintenance programs, and system upgrades.It is the only LEED rating system under which projects can demonstrate actual energy …

Green Building, Property Managers »

[17 Jul 2014 | No Comment | ]

By Cara Olmsted,
Director of Marketing and Business Development
ConEdison Solutions
One observation about the demand response (DR) market is that it is complex.
Because of its complexity, there is the potential for confusion, particularly as it relates to the revenue streams available from participation in the various programs.
To participate in these DR programs, organizations should work with a Curtailment Service Provider (CSP), such as ConEdison Solutions, to turnkey the assessment of potential resources, registration levels, registration of load with NYISO and CECONY, bidding, and settlement of the various DR programs and …

Green Building »

[17 Jul 2014 | No Comment | ]

SL Green Realty Corp. announced that 180 Maiden Lane received a LEED Certification by the U.S. Green Building Council.
This recognition stems from the company’s recently commenced redevelopment program, featuring several targeted sustainability initiatives, at the 1.1 million square foot commercial office tower located in the Downtown Financial District.
Notably, this certification is the fourth SL Green building to have received a LEED Certification.
In addition to the LEED recognition, 180 Maiden Lane also received a U.S. EPA Energy Star Label, bringing the number of SL Green properties with this distinction to 24.
The …

Green Building »

[17 Jul 2014 | No Comment | ]

Rose Associates, the New York-based full-service real estate firm, announced that it has achieved all of the requirements to participate in the New York City Mayor’s Carbon Challenge under what is known as the “portfolio approach.”
Earlier this year, Rose began its participation in the Carbon Challenge, an effort aimed at cutting citywide greenhouse gas emissions 30 percent by the year 2030.
“We have already entered 10 buildings and expect to enroll more during the second half of the year,” said Ed Donnelly, director of technical services at Rose.
“Buildings within Rose’s growing …

Green Building, Legal, Photo Gallery, Property Managers »

[2 Jul 2014 | No Comment | ]

As part of New York Energy Week, The Steven L. Newman Real Estate Institute at the Zicklin School of Business, Baruch College presented a conference,“ Energy, Money & Law: Investment and Legal Strategies for Advanced Energy Performance in Real Estate” on June 19. The event was presented in partnership with Associated Renewable, the energy consulting and carbon management company, and held at the law offices of Hodgson Russ LLP, 1540 Broadway, New York City.

Green Building, Property Managers »

[25 Jun 2014 | No Comment | ]

By Dennis J. Sherry, regional director of Management Services,
Newmark Grubb Knight Frank
With 44 million square feet of office space under management in New York City, Newmark Grubb Knight Frank oversees the replacement of one or more roofs in the metro area every year.
Looking at several initiatives to reduce energy use and carbon footprint, the full-service commercial real estate firm is collaborating with FXFOWLE Architects, a leader in sustainable architecture, to identify rooftops that it can transform into green assets as well as tenant amenities, among its strategies.
Rather than looking …

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