Category : Green Building

Construction & DesignFeaturedGreen Building

Water fence installed to protect beloved carousel from storms

REW Staff
One of the lasting images of Sandy’s destruction was of Jane’s Carousel in Brooklyn Bridge Park submerged in floodwater. Last week, David and Jane Walentas were joined by Brooklyn Bridge Park president Regina Myer in installing a state-of-the-art flood protection system, AquaFence, to ensure that the beloved neighborhood gem is safe from future storms. The system consists of 44 marine-grade panels that can be quickly deployed when a storm is approaching.
Debt & EquityGreen BuildingProperty Managers

Owners seeing the white light as LEDs get better and cheaper

REW Staff
By Steven J. Schleider, MAI, LEED-AP BD + C president, Metropolitan Valuation Services Reduce lighting costs — one of the highest operating expenses in a commercial building — and you increase net operating income. Add to that the benefits of enhanced energy efficiency, better visual quality, glare reduction and positioning...
East River Blueway Plan gets more funding
FeaturedGreen Building

East River Blueway Plan gets more funding

REW Staff
By Maria Rocha-Buschel Local elected officials and community leaders announced $8 million in funding for the East River Blueway Plan last Thursday morning, allocating $1 million for a kayak launch at Stuyvesant Cove Park and $7 million for the creation of Brooklyn Bridge Beach.
Green BuildingProperty Managers

Winn Cos. launches new energy program

REW Staff
WinnCompanies has launched Open Market ESCO, a pilot program that will finance energy-efficient retrofits for an estimated 1,200 units of low-income housing and allow property owners to pay for the upgrades through reduced energy costs. The $9 million pilot program is a collaboration with the Local Initiatives Support Corporation (LISC)...
Green Building

Tax day has come and gone – now it’s benchmark day

REW Staff
By  Andrew Padian, vice president for Energy Initiatives, The Community Preservation Corporation  Just as April 15 is synonymous with Americans as Tax Day, all New York City multi-family building owners should remember May 1st as Benchmarking Day. May 1st is the deadline for all owners and managers of multi-family buildings...
Green Building

Better energy performance increases property value

REW Staff
By Steven J. Schleider, MAI, LEED-AP BD + C president, Metropolitan Valuation Services Lighting consumes about 18% of the electricity generated in the U.S. with another 4% to 5% used to remove the waste heat generated by those lights. In commercial buildings, lighting accounts for close to 71% of overall...