Research Paper
I. Introduction
1. Background:Local Law 97
2. Thesis statement: Buildings generate nearly 70% of annual global CO2 emissions. Local law 97 can help limit GHG, aid in a net-zero carbon economy by 2050 and build a better city.
Results: examine the history of the law, public and political support for its enactment, its amendments over the years, and its details. What does it require? What are its enforcement mechanisms? What has been its impact on public health and environmental quality? How have we measured progress? What obstacles have arisen in its enforcement? From where has the opposition arisen? What are its shortcomings? What is the state of the contemporary debate on the law? And how has the law impacted the urban environment in particular?
Local Law 97: A Groundbreaking Policy for a Sustainable FutureThe Cotocon Group
Local Law 97, also known as LL97 NYC or Local Law 97 New York, is a groundbreaking regulation enacted by the city of New York to address the urgent need to reduce greenhouse gas emissions from buildings.
Gglts Green Matters 2009 New Green Legislation PresentationMike Flynn
The document summarizes key aspects of California's CALGREEN building code, which aims to reduce energy and water usage in new buildings to meet the state's climate change goals. It outlines various provisions of the code related to site design, energy efficiency, water conservation, and materials. It also notes that the code becomes effective in August 2009 and will be mandatory for some building types and voluntary for others, with requirements getting stricter over time. Implementation of the code is expected to significantly improve energy efficiency and water conservation in California's buildings.
Energy use and climate change are inextricably linked. The majority of U.S. greenhouse gas (GHG) emissions - 84 percent - are in the form of carbon dioxide (CO2), resulting almost entirely from the combustion of fossil fuels.
Choices made today in the current national energy policy debate will directly impact U.S. greenhouse gas emissions far into the future. Decision-makers face the challenge of crafting policies that allow the United States to meet its energy needs while acting responsibly to reduce GHG emissions. There is a substantial convergence between the goals of energy policy and climate policy, and many feasible and beneficial policies from supply and security perspectives can also reduce future U.S. greenhouse gas emissions. This presentation considers near-term energy policies that can be adopted in the context of the energy policy debate to best position the local governments to reduce GHG emissions and to implement future climate change policies. In summary, the audience will learn the following:
• Link between energy and climate
• Energy policy context
• Economics of energy
• Example energy reduction/efficiency policies contained in Climate Action Plans.
CIBSE / ASHRAE Group Worldwide Presentation on Green Buildings or Green Wash. This presentation focuses on efforts within the United States. Presented by Benny Skelton, Senior Building Specialist with Building Momentum Group.
Green Partnerships for Growth 23 October 2013 - 2. sessionDI - Dansk Industri
COWI is a large Danish engineering consultancy firm founded in 1930 with over 6,000 employees globally. They provide consultancy services in engineering, environmental science, and economics. Their major service line is bridge, tunnel, and marine structures, with over 1,000 employees including their entire North American workforce of 350+. COWI has a history and global presence to leverage when entering new markets like New York City, and they outlined their plan to succeed which includes case studies of green infrastructure projects and their response to Hurricane Sandy and involvement in offshore wind development.
A presentation on several key drivers impacting the green building construction market. Highlights include regulations, legislation and incentives affecting designers, contractors and building owners. The presentation has been given publicly several times in 2009 and 2010.
The Cotocon Group has provided two case studies advising Building Owners and Managers must act fast, and understand their building's energy performance, and have a plan in place before 2024!
Building A:
B - Business, Office | 498,500 square feet | 2018 ENERGY STAR Score: 75 (CERTIFIED
Building B:
B - Business, Office | 83,200 square feet | 2018 ENERGY STAR Score: 18
Look at who's in compliance and who's not... and if these fines don't scare you - then maybe losing a few Million Dollars in Value WILL!
The lighting industry is undergoing a global transformation driven by concerns over energy efficiency, environmental impacts, and new technologies. Regulations are being implemented at various governmental levels to reduce light pollution and increase energy efficiency of lighting products. Some places have passed "dark sky" laws to limit outdoor lighting and preserve views of the night sky. LED lighting is an emerging technology but some products have faced recalls due to safety issues and failure to meet manufacturers' claims regarding performance and lifespan. As the lighting industry shifts towards LED, companies are developing smart lighting network management systems and software to remotely control and monitor lighting systems.
Local Law 97: A Groundbreaking Policy for a Sustainable FutureThe Cotocon Group
Local Law 97, also known as LL97 NYC or Local Law 97 New York, is a groundbreaking regulation enacted by the city of New York to address the urgent need to reduce greenhouse gas emissions from buildings.
Gglts Green Matters 2009 New Green Legislation PresentationMike Flynn
The document summarizes key aspects of California's CALGREEN building code, which aims to reduce energy and water usage in new buildings to meet the state's climate change goals. It outlines various provisions of the code related to site design, energy efficiency, water conservation, and materials. It also notes that the code becomes effective in August 2009 and will be mandatory for some building types and voluntary for others, with requirements getting stricter over time. Implementation of the code is expected to significantly improve energy efficiency and water conservation in California's buildings.
Energy use and climate change are inextricably linked. The majority of U.S. greenhouse gas (GHG) emissions - 84 percent - are in the form of carbon dioxide (CO2), resulting almost entirely from the combustion of fossil fuels.
Choices made today in the current national energy policy debate will directly impact U.S. greenhouse gas emissions far into the future. Decision-makers face the challenge of crafting policies that allow the United States to meet its energy needs while acting responsibly to reduce GHG emissions. There is a substantial convergence between the goals of energy policy and climate policy, and many feasible and beneficial policies from supply and security perspectives can also reduce future U.S. greenhouse gas emissions. This presentation considers near-term energy policies that can be adopted in the context of the energy policy debate to best position the local governments to reduce GHG emissions and to implement future climate change policies. In summary, the audience will learn the following:
• Link between energy and climate
• Energy policy context
• Economics of energy
• Example energy reduction/efficiency policies contained in Climate Action Plans.
CIBSE / ASHRAE Group Worldwide Presentation on Green Buildings or Green Wash. This presentation focuses on efforts within the United States. Presented by Benny Skelton, Senior Building Specialist with Building Momentum Group.
Green Partnerships for Growth 23 October 2013 - 2. sessionDI - Dansk Industri
COWI is a large Danish engineering consultancy firm founded in 1930 with over 6,000 employees globally. They provide consultancy services in engineering, environmental science, and economics. Their major service line is bridge, tunnel, and marine structures, with over 1,000 employees including their entire North American workforce of 350+. COWI has a history and global presence to leverage when entering new markets like New York City, and they outlined their plan to succeed which includes case studies of green infrastructure projects and their response to Hurricane Sandy and involvement in offshore wind development.
A presentation on several key drivers impacting the green building construction market. Highlights include regulations, legislation and incentives affecting designers, contractors and building owners. The presentation has been given publicly several times in 2009 and 2010.
The Cotocon Group has provided two case studies advising Building Owners and Managers must act fast, and understand their building's energy performance, and have a plan in place before 2024!
Building A:
B - Business, Office | 498,500 square feet | 2018 ENERGY STAR Score: 75 (CERTIFIED
Building B:
B - Business, Office | 83,200 square feet | 2018 ENERGY STAR Score: 18
Look at who's in compliance and who's not... and if these fines don't scare you - then maybe losing a few Million Dollars in Value WILL!
The lighting industry is undergoing a global transformation driven by concerns over energy efficiency, environmental impacts, and new technologies. Regulations are being implemented at various governmental levels to reduce light pollution and increase energy efficiency of lighting products. Some places have passed "dark sky" laws to limit outdoor lighting and preserve views of the night sky. LED lighting is an emerging technology but some products have faced recalls due to safety issues and failure to meet manufacturers' claims regarding performance and lifespan. As the lighting industry shifts towards LED, companies are developing smart lighting network management systems and software to remotely control and monitor lighting systems.
10 Mayor raisons why you should participate in the Belgian economic mission t...ecobuild.brussels
From 6 to 9 October, ecobuild.brussels will be part of a Belgian delegation that will be heading to New York as part of an economic mission to strengthen business partnerships between Belgium and the US, with HRH Princess Astrid presiding.
Taking advantage of the unique momentum created by The Build Back Better Plan, this mission will focus on sustainable construction, cleantech & climate tech, food, mobility, logistics, citizen participation, smart cities and renewable energy.
2014 GREEN Commercial Building Rating SystemsBirk Madsen
The document provides an overview and comparison of various green building standards, including LEED, BOMA BESt, BREEAM, Energy Star Portfolio Manager, Passive House, and Living Building Challenge. It discusses the history and development of green building standards. LEED and BOMA BESt are examined in more depth, including their certification processes and use in Canada. The document aims to help readers understand the different standards and determine which may be suitable for their projects.
Federalism and Conflict In Regulation of Green Buildings: Who Should Regulate?ELPR
The document discusses the issue of federalism in regulating green buildings, as the federal government and some local governments have enacted different standards. It provides background on the historical reliance on national environmental regulation and recent growth of state and local green building laws. As an example, it outlines a legal conflict where local green building codes in Albuquerque were preempted by federal energy efficiency standards for HVAC equipment. Opinions are presented on whether the federal government or state/local regulators should control green building standards.
This document discusses the development of environmentally sustainable low-income housing in New York City. It summarizes green initiatives taken by the New York City Housing Authority (NYCHA) to improve energy efficiency in public housing, such as installing compact fluorescent lights and instantaneous hot water heaters. These measures are estimated to reduce energy costs and carbon dioxide emissions significantly. The document also outlines obstacles to developing green affordable housing and identifies elements and benefits of building green, such as reduced energy costs and job creation.
This document discusses the development of environmentally sustainable low-income housing in New York City. It summarizes green initiatives taken by the New York City Housing Authority (NYCHA) to improve energy efficiency in public housing, such as installing compact fluorescent lights and high-efficiency hot water heaters. The document also outlines obstacles to developing green affordable housing and identifies elements and benefits of green building, such as reduced energy costs and job creation.
This document discusses developing a green-collar workforce through policies, programs, and strategies. It outlines identifying goals for green initiatives, stimulating demand for green jobs through public investment and policies, and preparing the workforce through training programs. Goals include reducing emissions and energy use. Demand is stimulated directly through government green projects and indirectly via tax incentives. Workforce training should integrate green skills into existing programs through partnerships between employers, educators, and governments.
The White House background sheet on climate policies, posted in relation to this piece on Dot Earth: Obama's Path from Rhetoric to Reality on Energy and Climate http://nyti.ms/VbZxMc
The document discusses trends in the US power and utilities industry outlook for 2023. It covers the following key points in 3 sentences:
Utilities are planning the next wave of advanced metering infrastructure to replace aging first-generation smart meters, which are reaching the end of their 15-20 year lifespan. AMI 2.0 will feature faster processors, more memory, and modular communication capabilities to better support utility programs. Environmental, social, and governance reporting continues to gain momentum in the industry as proposed SEC rules could provide further impetus for more comprehensive disclosures on how companies are addressing rapidly changing disruptors.
Presentation by Evangelina Hirata, Deputy General Director, National Housing Commission (CONAVI), Mexico, at the Alliance to Save Energy's Sept. 17 2009 Summit: "All Roads Lead to Copenhagen"
http://ase.org/summit
Mexico: A Competitive Platform for Clean Energy Projects. Resulting from the approval of the General Climate Change Law (2012) in Mexico, an internal emission trading system is planned, possibly linked to other international initiatives, as a tool for the country to
achieve its goal of reducing carbon dioxide (CO2eq) emissions by 30% in 2020 and by 50% in 2050.
This article was first published at: Negocios ProMéxico | 14 May 2013 in Guest Opinion
The document discusses several policies and initiatives to promote sustainable energy solutions through innovative financing in the US and California. It outlines the American Recovery and Reinvestment Act's $60 billion investment in clean energy jobs. It also summarizes California's Global Warming Solutions Act that establishes a state cap on greenhouse gas emissions and Schwarzenegger's Million Solar Roofs initiative to install solar panels on homes and businesses. PACE financing is introduced as a model that improves energy retrofits by lowering upfront costs through property tax assessments. Federal tax credits for consumer energy efficiency are also summarized.
Illinois Green Challenges And OpportunitiesWalmartCAN
This document discusses green jobs in Illinois, including:
- Green jobs aim to address climate change and economic recession by supporting jobs in renewable energy, energy efficiency, and related fields.
- Illinois has seen growth in green job training programs at community colleges and initiatives by the city of Chicago and state to promote sustainability.
- However, fully developing green jobs faces barriers like lack of business involvement, slow technological innovation, insufficient incentives, and need for a more systematic approach to greening the entire economy.
Federal Energy Tax Provisions
The Energy Policy Act of 2005 created tax incentives for energy efficient residential and commercial buildings placed in service between 2006 and 2008. Residential contractors can earn a $2,000 tax credit for homes certified to save 50% in energy consumption compared to a national model code. Commercial building owners can earn a $1.80 per square foot tax deduction for buildings that achieve a 50% reduction in annual energy costs compared to an industry standard. Insulating concrete form construction contributes significantly to energy savings and helps contractors qualify for these tax incentives.
Rollits Planning Focus - General Election Special (April 2015)Pat Coyle
The upcoming General Election is set to be one of the most keenly contested political battles for some time. The political parties have now published their Manifestos to varying degrees of fanfare. Within this Newsletter we have sought to set out some of the main planning and development policies contained within each Manifesto.
The document discusses how conveyor technology can help reduce carbon emissions and costs on construction sites. It notes that up to 33% of carbon emissions from UK construction comes from energy and fuel used on sites. The Green Construction Board recommends measures like securing early electricity connections and using efficient plant and equipment to reduce site carbon. Conveyor systems are presented as an alternative to diesel dump trucks that can provide efficiency gains through their ability to transport materials over obstacles and at inclines while using electric power. The benefits of conveyors systems over traditional methods like manual labor or dump trucks include increased capacity, speed, improved safety and labor savings.
Human: Thank you for the summary. You captured the key points about the document's discussion of how
The document discusses building energy codes and efficiency efforts in Texas. It outlines that building codes help save energy and costs. Texas cities have adopted various codes and efficiency programs, with some adopting the 2009 IECC. The state also adopted the 2009 IECC in 2011. Future codes may include the 2012 IECC, which is 10-15% more efficient than the 2009 code. Cities have options to adopt stronger codes and provide incentives to exceed minimum standards and promote green building practices.
Writing Sample 2 -Bridging the Divide: Enhancing Public Engagement in Urban D...Rahsaan L. Browne
Bridging the Divide: Enhancing Public Engagement in Urban Development
This paper delves into the critical role of public engagement in urban development, emphasizing the need for community involvement to create sustainable and inclusive urban spaces. It discusses the motivations behind public participation, the challenges faced in engaging diverse communities, and the strategies for overcoming these barriers. The paper also highlights successful case studies and explores the use of technology and effective communication to facilitate broader and more meaningful engagement. By examining these elements, the paper underscores the importance of bridging the gap between planners and residents to ensure urban development reflects the collective vision and needs of the community.
Writing Sample-Title: Pioneering Urban Transformation: The Collective Power o...Rahsaan L. Browne
This article delves into the dynamic collaboration between New York City's public sector and its diverse communities, highlighting the crucial role of city and government officials in urban planning and community engagement. It explores the contributions of various NYC agencies, including the School Construction Authority (SCA), in driving innovation and transformation. By fostering inclusivity and leveraging partnerships with grassroots organizations, the article showcases how NYC sets a standard for sustainable development and collective progress.
10 Mayor raisons why you should participate in the Belgian economic mission t...ecobuild.brussels
From 6 to 9 October, ecobuild.brussels will be part of a Belgian delegation that will be heading to New York as part of an economic mission to strengthen business partnerships between Belgium and the US, with HRH Princess Astrid presiding.
Taking advantage of the unique momentum created by The Build Back Better Plan, this mission will focus on sustainable construction, cleantech & climate tech, food, mobility, logistics, citizen participation, smart cities and renewable energy.
2014 GREEN Commercial Building Rating SystemsBirk Madsen
The document provides an overview and comparison of various green building standards, including LEED, BOMA BESt, BREEAM, Energy Star Portfolio Manager, Passive House, and Living Building Challenge. It discusses the history and development of green building standards. LEED and BOMA BESt are examined in more depth, including their certification processes and use in Canada. The document aims to help readers understand the different standards and determine which may be suitable for their projects.
Federalism and Conflict In Regulation of Green Buildings: Who Should Regulate?ELPR
The document discusses the issue of federalism in regulating green buildings, as the federal government and some local governments have enacted different standards. It provides background on the historical reliance on national environmental regulation and recent growth of state and local green building laws. As an example, it outlines a legal conflict where local green building codes in Albuquerque were preempted by federal energy efficiency standards for HVAC equipment. Opinions are presented on whether the federal government or state/local regulators should control green building standards.
This document discusses the development of environmentally sustainable low-income housing in New York City. It summarizes green initiatives taken by the New York City Housing Authority (NYCHA) to improve energy efficiency in public housing, such as installing compact fluorescent lights and instantaneous hot water heaters. These measures are estimated to reduce energy costs and carbon dioxide emissions significantly. The document also outlines obstacles to developing green affordable housing and identifies elements and benefits of building green, such as reduced energy costs and job creation.
This document discusses the development of environmentally sustainable low-income housing in New York City. It summarizes green initiatives taken by the New York City Housing Authority (NYCHA) to improve energy efficiency in public housing, such as installing compact fluorescent lights and high-efficiency hot water heaters. The document also outlines obstacles to developing green affordable housing and identifies elements and benefits of green building, such as reduced energy costs and job creation.
This document discusses developing a green-collar workforce through policies, programs, and strategies. It outlines identifying goals for green initiatives, stimulating demand for green jobs through public investment and policies, and preparing the workforce through training programs. Goals include reducing emissions and energy use. Demand is stimulated directly through government green projects and indirectly via tax incentives. Workforce training should integrate green skills into existing programs through partnerships between employers, educators, and governments.
The White House background sheet on climate policies, posted in relation to this piece on Dot Earth: Obama's Path from Rhetoric to Reality on Energy and Climate http://nyti.ms/VbZxMc
The document discusses trends in the US power and utilities industry outlook for 2023. It covers the following key points in 3 sentences:
Utilities are planning the next wave of advanced metering infrastructure to replace aging first-generation smart meters, which are reaching the end of their 15-20 year lifespan. AMI 2.0 will feature faster processors, more memory, and modular communication capabilities to better support utility programs. Environmental, social, and governance reporting continues to gain momentum in the industry as proposed SEC rules could provide further impetus for more comprehensive disclosures on how companies are addressing rapidly changing disruptors.
Presentation by Evangelina Hirata, Deputy General Director, National Housing Commission (CONAVI), Mexico, at the Alliance to Save Energy's Sept. 17 2009 Summit: "All Roads Lead to Copenhagen"
http://ase.org/summit
Mexico: A Competitive Platform for Clean Energy Projects. Resulting from the approval of the General Climate Change Law (2012) in Mexico, an internal emission trading system is planned, possibly linked to other international initiatives, as a tool for the country to
achieve its goal of reducing carbon dioxide (CO2eq) emissions by 30% in 2020 and by 50% in 2050.
This article was first published at: Negocios ProMéxico | 14 May 2013 in Guest Opinion
The document discusses several policies and initiatives to promote sustainable energy solutions through innovative financing in the US and California. It outlines the American Recovery and Reinvestment Act's $60 billion investment in clean energy jobs. It also summarizes California's Global Warming Solutions Act that establishes a state cap on greenhouse gas emissions and Schwarzenegger's Million Solar Roofs initiative to install solar panels on homes and businesses. PACE financing is introduced as a model that improves energy retrofits by lowering upfront costs through property tax assessments. Federal tax credits for consumer energy efficiency are also summarized.
Illinois Green Challenges And OpportunitiesWalmartCAN
This document discusses green jobs in Illinois, including:
- Green jobs aim to address climate change and economic recession by supporting jobs in renewable energy, energy efficiency, and related fields.
- Illinois has seen growth in green job training programs at community colleges and initiatives by the city of Chicago and state to promote sustainability.
- However, fully developing green jobs faces barriers like lack of business involvement, slow technological innovation, insufficient incentives, and need for a more systematic approach to greening the entire economy.
Federal Energy Tax Provisions
The Energy Policy Act of 2005 created tax incentives for energy efficient residential and commercial buildings placed in service between 2006 and 2008. Residential contractors can earn a $2,000 tax credit for homes certified to save 50% in energy consumption compared to a national model code. Commercial building owners can earn a $1.80 per square foot tax deduction for buildings that achieve a 50% reduction in annual energy costs compared to an industry standard. Insulating concrete form construction contributes significantly to energy savings and helps contractors qualify for these tax incentives.
Rollits Planning Focus - General Election Special (April 2015)Pat Coyle
The upcoming General Election is set to be one of the most keenly contested political battles for some time. The political parties have now published their Manifestos to varying degrees of fanfare. Within this Newsletter we have sought to set out some of the main planning and development policies contained within each Manifesto.
The document discusses how conveyor technology can help reduce carbon emissions and costs on construction sites. It notes that up to 33% of carbon emissions from UK construction comes from energy and fuel used on sites. The Green Construction Board recommends measures like securing early electricity connections and using efficient plant and equipment to reduce site carbon. Conveyor systems are presented as an alternative to diesel dump trucks that can provide efficiency gains through their ability to transport materials over obstacles and at inclines while using electric power. The benefits of conveyors systems over traditional methods like manual labor or dump trucks include increased capacity, speed, improved safety and labor savings.
Human: Thank you for the summary. You captured the key points about the document's discussion of how
The document discusses building energy codes and efficiency efforts in Texas. It outlines that building codes help save energy and costs. Texas cities have adopted various codes and efficiency programs, with some adopting the 2009 IECC. The state also adopted the 2009 IECC in 2011. Future codes may include the 2012 IECC, which is 10-15% more efficient than the 2009 code. Cities have options to adopt stronger codes and provide incentives to exceed minimum standards and promote green building practices.
Writing Sample 2 -Bridging the Divide: Enhancing Public Engagement in Urban D...Rahsaan L. Browne
Bridging the Divide: Enhancing Public Engagement in Urban Development
This paper delves into the critical role of public engagement in urban development, emphasizing the need for community involvement to create sustainable and inclusive urban spaces. It discusses the motivations behind public participation, the challenges faced in engaging diverse communities, and the strategies for overcoming these barriers. The paper also highlights successful case studies and explores the use of technology and effective communication to facilitate broader and more meaningful engagement. By examining these elements, the paper underscores the importance of bridging the gap between planners and residents to ensure urban development reflects the collective vision and needs of the community.
Writing Sample-Title: Pioneering Urban Transformation: The Collective Power o...Rahsaan L. Browne
This article delves into the dynamic collaboration between New York City's public sector and its diverse communities, highlighting the crucial role of city and government officials in urban planning and community engagement. It explores the contributions of various NYC agencies, including the School Construction Authority (SCA), in driving innovation and transformation. By fostering inclusivity and leveraging partnerships with grassroots organizations, the article showcases how NYC sets a standard for sustainable development and collective progress.
A proposal aimed at transforming a key site in Canoga Park into a vibrant, mixed-use development. The project includes comprehensive location analysis, neighborhood context evaluation, and zoning and planning assessments. By leveraging the site’s strengths and addressing potential challenges, we plan to create a space that integrates residential, commercial, and public areas. The development will enhance connectivity, support community objectives, and provide economic benefits, all while aligning with local zoning regulations.
This presentation outlines the Stakeholder Engagement Plan (SEP) for the OC Streetcar Project, aimed at enhancing public participation and addressing key issues related to the project's impact on Downtown Santa Ana. The plan emphasizes the importance of historical preservation, community impact, affordability, and public perception.
This presentation outlines the Stakeholder Engagement Plan (SEP) for the OC Streetcar Project, aimed at enhancing public participation and addressing key issues related to the project's impact on Downtown Santa Ana. The plan emphasizes the importance of historical preservation, community impact, affordability, and public perception.
Sustainable Real Estate Research Assignment Spring 2021.docRahsaan L. Browne
With the effects of climate change becoming even more profound New York plans to be carbon neutral by 2050. Residential and commercial buildings are some of the biggest polluters. Even with the initial cost for energy efficiency being approximately 1-12 % higher, varying by the building type going “Green” can be more cost-effective for the owner.
Our project was to locate an existing building that our developer/re-development team would benefit from upgrading or renovating. I live in the town of Valley Stream a suburb in Nassau County in Long Island and very little of the town is undeveloped. On our commercial and industrial strip, I was able to find a site that I believed would benefit from “Green” building renovation/retrofitting.
Sustainable Research Assignment
Green Building Renovation
Rahsaan L. Browne Spring 2021
With the effects of climate change becoming even more profound New York plans to be carbon neutral by 2050. Residential and commercial buildings are some of the biggest polluters. Even with the initial cost for energy efficiency being approximately 1-12 % higher, varying by the building type going “Green” can be more cost-effective for the owner.
Our project was to locate an existing building that our developer/re-development team would benefit from upgrading or renovating. I live in the town of Valley Stream a suburb in Nassau County in Long Island and very little of the town is undeveloped. On our commercial and industrial strip, I was able to find a site that I believed would benefit from “Green” building renovation/retrofitting.
As a summer associate in the virtual internship program, we attended daily seminars on all disciplines within Silverstein Properties, including in-depth sessions on development, sustainability, marketing, financing, and deal-making. What I witnessed was a consistent and cohesive warm corporate culture that every part of the business recognized and reaped the benefits of. It was not only the shared internal values and behaviors of the organization's employees but at Silverstein Properties the focus is not only about what gets done, but how things get done.
Silverstein Properties creates value beyond real estate. Shaping the future of how you work, live, and play by providing exceptional service, hospitality, amenities, and
technology.
Our group project today will focus on our ideas on 5 WTC’s development, discussing assumptions in the financing, marketing of the property, community impact, sustainability, construction, and finally asset and property management. My teammates Josie and Sameer will give you some insight on the finance side.
The History of Affordable Housing in NYC
The affordable housing crisis in NYC.
How can NYC incentivize relationships with developers, public and private partnerships to build affordable housing & upgrade and manage public housing?
A Day in the life 1902
I was fortunate enough to visit the Tenement museum in the Lower East Side.
Our Guide David gave a recreated apartment tour at 27 orchard where 20 families lived inside.
Tailors Harris and Jennie Levine and the Lustgarten’s who owned the local butcher shop.
Tenements were described as 3 or more families living independently with a kitchen.
Rents at the time were $13 per month on average where 30% income was allotted to rent and 30 % income to food.
People migrated from the lower east side tenements to Williamsburg or Bensonhurst Brooklyn.
This commercial property report provides information on a development opportunity at 140 Lexington Avenue in Manhattan, NY. It summarizes the property details, location, demographics of the area, economic and employment data, consumer spending habits, and best retail businesses for the neighborhood. The report also includes financial projections and development plans to raise $16 million for acquiring and developing the vacant lot into a new commercial property.
As Senior Advisors for a major, international corporate consulting firm, you have been selected for the task of identifying a location to serve as the new global headquarters for Amazon.com. Each of you has had significant work experience and are considered to be the top specialists in this field with regard to your particular overseas country. You will make the case for a major financial city in your select country by performing the necessary research to arrive at a conclusion to locate outside of the United States, enabling Amazon.com to continue to innovate and prosper internationally. Each Advisor and their respective country of specialty will be competing for the top spot.
You are a developer find a location and provide the following:
A professional deck presentation Include property location, aerials, and nearby attractions.
Include a zoning map and fully describe the subject property and surrounding area.
Provide area demographics as well as FAR and provide BSF calculation
Include market pricing, provide capital stack diagram and explanation of its components
Include Pro Forma, P&L as well as Sources & Uses
Include a SWOT analysis
Include project timeline with Gannt chart
* You have $200,000 cash available to do a new acquisition. It can be for a home or commercial building.
* Present to my bank with a PowerPoint presentation persuading me to give you a loan.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Serviced Apartment Ho Chi Minh For RentalGVRenting
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LOCAL LAW 97
Rahsaan Browne
May 9, 2022
Environmental Activism and Urban Sustainability - Special Topics in Real Estate
Professor William Hewitt-Spring 2022
2. 1
Local law 97
Commercial and Residential buildings generate nearly 40% of annual global CO2
emissions. Local law 97 can help limit Green House Gas emissions, aid in a net-zero
carbon economy, and build a better New York City. All buildings greater than 25,000
square feet are required to satisfy aggressive carbon reduction objectives by the year
2050.
Climate Mobilization Act 2019 (CMA).
New York City produces over 50 million tons of carbon dioxide a year, more than
half of which is a by-product from its commercial buildings which are the leading carbon
emissions sources in the city. New York City’s legislation is seeking to address this with
laws aimed to convert a change in the commercial real estate building space.
The Climate Mobilization Act, 2019 is a series of 5 laws aiming to help buildings
become more efficient. This research paper will focus on Local Law 97, the centerpiece
of “The Climate Mobilization Act” and where we are today.
What is NYC doing to prevent climate change?
As one of the country’s largest cities and financial centers, New York City has
been a pioneer for climate change for over a decade. Our city's administration has always
had a sense of what needs to be done to benefit future generations. Dating back to the
Bloomberg administration.
“A Greener Greater New York” was an NYC plan to address land, water,
transportation and congestion, energy air, and climate change issues. Reduction of energy
usage in buildings was also included in this plan. The goal was to:
Reduce energy consumption in buildings by 16.4 million metric tons. Improve the
efficiency of existing commercial buildings, require newly constructed buildings
3. 2
to have energy-efficient appliances, and increase energy awareness through
education and local training. (Bloomberg)
One interesting piece of the legislation included “Implementing climate adaptation
strategies into the NYC Building Codes”. This innovative initiative would’ve been
astounding as many feel the NYC Building code system is antiquated. (Bloomberg)
During the previous administration, Mayor de Blasio’s plans are discussed below
along with further details concerning the current Local Law 97. Currently, New York
City's new mayor, Eric Adams is adhering to the plan and has also established a “climate
czar”, Rohit T. Aggarwala as his chief climate officer and commissioner of the New York
City Department of Environmental Protection (DEP). Mayor Adam’s plans include:
Installing 100 megawatts of solar panels on NYC schools, libraries, community
centers, and other public buildings to expand citywide resiliency initiatives and
infrastructure. Breaking construction on a massive clean energy complex and
completing New York City's first comprehensive research on environmental justice at
the Wards Island Water Resource Recovery Facility. (Office of the Mayor)
The Climate Mobilization Act, of 2019
The Climate Mobilization Act, 2019 is a series of 5 progressive New York City laws
aiming to help buildings become more efficient. It covers local Laws 92 and 94 which
pertain to Green Roofs requiring solar panels, green roofs, or a combination of the two to
be installed on all new buildings and those undergoing substantial roof remediation
rehabilitation or modifications. All buildings must also comply with the legislation to
prevent urban heat concerns. Local Law 95 which amends Local Law 33 of 2018,
modifies the ranges for how energy efficiency grades are determined. Local Law 33 of
2018 mandated that energy efficiency scores and grades be shown for all buildings that
are required to benchmark their energy and water use yearly. The energy label would be
placed at a public entrance and would include a letter grade as well as a score for energy
4. 3
efficiency. Local Law 96 offers long-term, low-interest Property-Assessed Clean Energy
(PACE) financing to support buildings' energy and water efficiency improvements. And
finally, “The Building’s Mandate” Local Law 97. This research paper will focus on Local
Law 97 “The centerpiece of the Climate Mobilization Act” (NYC.GOV Local Law 97
Legislation)
Important deadlines for the New York City Climate Mobilization Act, of 2019
NYC has set different deadlines to assist with the ongoing process of bringing
these buildings up to code and compliance. The current timeline began in April 2019:
April 2019
The Mayor's Office of Climate and Environmental Justice, in collaboration with the New
York City Energy Efficiency Corporation (NYCEEC), offers NYC Accelerator PACE
Financing. PACE (Property Assessed Clean Energy) is an innovative financing method
that assists commercial and multifamily property owners in funding energy efficiency
and renewable energy projects. It provides long-term, fixed-rate financing that can cover
up to 100% of a project's expenditures with no financial outlay from the owner. (NYC
Accelerator Pace Financing.)
October 2020
All buildings over 25,000 square feet and numerous structures on a single property
totaling at least 100,000 square feet must display energy rating signs at each public entry
by October 31st, according to this New York City law. (LaRocca)
2021
5. 4
All regulated entities are expected to acquire or obtain enough carbon credits to cover
their yearly emissions under carbon allowance-based trading systems. Auctions would
commonly be used to distribute allowances. (Urban Green Council)
June 30, 2021
Some buildings may be eligible for a modification to their emissions limitations if they
have specific conditions that cause them to use more energy. Special conditions may
include but are not limited to, 24-hour operations, operations important to human health
and safety, high-density occupancy, energy-intensive communications technology, or
activities, and so on. Under the Energy Code, energy-intensive industrial activities are
usually classified as an unregulated load. (NYC.GOV Adjustments)
2023
Rules to establish NYC emissions limits and consider factors for 2030 and beyond.
Jan 1, 2024
Emissions limitations under NYC Local Law 97 go into effect immediately on this date.
May 1, 2025
Compliance reports for NYC buildings are due on May 1st, with the following reporting
due on May 1st each subsequent year.
Dec 31, 2026
Prescriptive path implementation deadline.
2030
Emission regulations grow more restrictive in this second compliance period benchmark.
2050
6. 5
Over time, the measures and restrictions for emissions will be fine-tuned. (First Service
Residential Consulting)
NYC Local Law 97
Climate science has taught us that Buildings account for approximately two-thirds
of greenhouse gas emissions in New York City and the former Mayor de Blasio had
pledged to address these emissions as part of his plan to make the city carbon neutral by
2050. The current NYC mayor, Eric Adams is also following suit continuing with these
same benchmarked initiatives.
Societal benefits included in Local Law 97 are limiting the usage of fossil fuels
and the CO2 emissions that come with them. This minimizes our climate's influence and
the necessity for resource extraction. The palpable health benefits are lowering the
systemic health concerns produced by continued exposure to poor air quality. As a
national leader, New York City can set nationwide standards to ensure the path of every
city to cleaner emissions.
The benefits to building owners will be enhanced real estate values resulting in
the ability to charge premium pricing per square foot for retrofitted and updated
buildings. This in turn will increase value and property tax revenue for the city and the
state.
Local Law 97 provides guidance, finance, and strict compliance timelines to
building owners of 25,000 square feet or larger structures. Emissions limitations under
NYC Local Law 97 begins on Jan 1st
, 2024, and go into effect immediately on this date.
7. 6
Building owners were notified in 2019 and given a variety of options, choices, and dates
to comply with the impending regulations. Building owners would have to modernize and
upgrade their energy systems to comply with the new requirements. By 2030, the target is
to reduce emissions by 40%, and by 80% by 2050.
According to this New York City rule, all buildings over 25,000 square feet and
several structures on a single site totaling at least 100,000 square feet must show energy
rating signs at each public access by October 31, 2020. In NYC, many buildings post
these signs at entranceways similar to the NYC Dept. Of Health restaurant rating notices.
Under a carbon allowance-based trading system, all regulated buildings are
intended to purchase or obtain enough carbon credits to offset their annual emissions by
2021. Allowances will be distributed through auctions. Simply put, buildings that are
unable to meet emission requirements may be able to receive auctioned credits from other
buildings to offset their emissions.
By June 30th,
2021, if a building had special factors that lead it to require more
energy, it may be eligible for a change to its emissions limits. Special circumstances may
include, but are not limited to, 24-hour operations, operations critical to human health and
safety, high-density occupancy, energy-intensive communications technology, or
activities, among others. Industrial operations that use a lot of energy are normally
classified as uncontrolled load under the current Energy Codes. (NYC.GOV Local Law
97 of 2019))
New York City emission limits will be established in 2023, with variables for
2030 and beyond considered. Complying with Local Law 97 may seem difficult, and the
tasks ahead may seem daunting. But New York City has pledged 100% financing options
8. 7
to building owners through the “PACE” program. Additionally, there is a multitude of
consulting and sustainability firms assisting owners to come into compliance. Local Law
97 will be enforced by the NYC Office of Building Energy and Emissions Performance.
This newly created agency will begin to assess and monitor building energy usage and
protocols as well as work collectively with other New York City agencies such as; the
Department of Environmental Protection, the Department of Housing Preservation and
Development, and the Department of Citywide Administrative Services. This intra-
agency collaboration would give the city the necessary resources and tools to enforce and
administrate collectively. In addition, a new online portal will be built to assist owners.
(NYC. Gov. “Local Law 97 of 2019)
The overall impact on public health and environmental quality has not yet been
measured as there are over 30 years of compliance assessing remaining in the initiative.
However, the goal is to continue NYC’s long-term commitment to clean air and reduce
emissions that affect us nationally and globally.
Building performance standards require structures bigger than a specific size to fulfill
an energy efficiency requirement depending on how much carbon they release or how
much energy they consume. Heating, ventilation, and air conditioning are the three
largest sources of energy used in buildings. Local Law 97 helps to mitigate this by
providing the infrastructure and tools for every owner as no one solution may fit all. In
my interaction with commercial building owners, there hasn’t been a lot of push-back
from those who are educated and aware of the financing and compliance assistance
available through the city and other agencies.
9. 8
In conclusion, buildings generate nearly 40% of annual global CO2 emissions. NYC’s
Local Law 97 can help limit Green House Gas, aid in a net-zero carbon economy by 2050
and build a better city. With a compliance timeline and benchmarked dates, the
contemporary reception of the program has been received well. The data has always
shown that coal, oil, and natural gas, cause higher death rates and higher levels of
greenhouse gas emissions with a negative impact on the urban environment. Bringing
these large structures into compliance will aid in decreasing the production of associated
air pollution and greenhouse gas emissions. New York City serves as a leader and
example with this progressive legislation. Other cities are beginning to emulate this same
behavior and process. Cities all along the east coast from “South Carolina to New
Hampshire have followed suit”. All these cities have committed to 100 percent clean,
renewable energy. (U.S. News)
10. 9
Works Cited
Bloomberg, Michael R. “Welcome to Nyc.gov | City of New York.” A Greener Greater New
York. Plan NYC. 2007
http://www.nyc.gov/html/planyc/downloads/pdf/publications/full_report_2007.pdf.
First Service Residential Consulting. “New York's Climate Mobilization Act: Frequently Asked
Questions.” FSR, July 14, 2021. https://www.fsresidential.com/new-york/news-
events/articles-and-news/new-york%E2%80%99s-climate-mobilization-act-frequently-
ask/.
La Rocca, Melanie E. “New Energy Letter Grades Out Today!” Buildings news update - October
1, 2021. Melanie E. La Rocca Commissioner, October 1, 2021.
https://www1.nyc.gov/assets/buildings/newsletters/DOB_BN_100121.html.
NYC Accelerator Pace Financing.” NYC Accelerator PACE Financing | NYC Accelerator.
Mayor’s Office of Climate and Environmental Justice. 2019
https://accelerator.nyc/resources/finance/pace.
NYC. Gov. “Adjustments.” Adjustments - Sustainable Buildings, 2021.
https://www1.nyc.gov/site/sustainablebuildings/requirements/adjustments.page.
NYC. Gov. “Local Law 97 of 2019 - New York City.” Local laws Of the City Of New York For
The Year 2019. NYC.Gov, 2019.
https://www1.nyc.gov/assets/buildings/local_laws/ll97of2019.pdf.
NYC.Gov. “Local Law 97 Legislation.” Legislation - Sustainability. NYC.Gov, 2019.
https://www1.nyc.gov/site/sustainability/legislation/legislation.page.
“Office of the Mayor: Overview: City of New York.” Office of the Mayor | Overview | City of
New York, January 31, 2022. https://www1.nyc.gov/office-of-the-mayor/index.page.
U.S. News. 10 Cities Leading the Fight Against Climate Change. U.S. News, December 6, 2018.
https://www.usnews.com/news/cities/slideshows/10-cities-leading-the-fight-for-clean-
energy?slide=6.
Urban Green Council. A New Climate Solution For Buildings. Urban Green Council, June 2020.
https://www.urbangreencouncil.org/sites/default/files/trading_report_urban_green_2020.
pdf.