Do you need to prepare for Local Law 97? What does that mean to your building... and bottom line? - by Jared Forman

New York City enacted Local Law 97 (LL97) as part of the Climate Mobilization Act with the goal of an 80% emissions reduction by the year 2050. Starting in 2024, there will be annual energy related fines, or prescriptive measures for your buildings that need to be completed to be in compliance

IREM NYC members tour the New York Life Building

Manhattan, NY Sharon Hart, CPM, senior director, New York Life Investors; Bob Sweeney, senior account director, Cushman & Wakefield and Anthony Greco, chief engineer, Cushman & Wakefield took IREM members on a basement to roof tour of the magnificent New York Life Building.

Jonathan Rose Cos. restructures leadership team

Manhattan, NY Jonathan Rose Companies has created three new positions on its leadership team. Nathan Taft has been promoted to chief investment officer, Caroline Vary to chief operating officer, and Chris Edwards to chief construction officer. Following several years of significant growth,

Greystar Real Estate Partners and the Cappelli Organization celebrate topping out of 25 North Lex transit-oriented development

White Plains, NY Executives of Greystar Real Estate Partners LLC and the Cappelli Organization joined with officials from Westchester County and the city to celebrate a milestone in the construction of 25 North Lex, a  mixed-use, transit-oriented development

Rudin appoints Yuksel as senior vice president

Manhattan, NY Rudin said that Sevinc Yuksel has joined the firm as senior vice president, head of design and construction. In this position, Yuksel will direct and oversee capital planning and design and construction activities

Geothermal heat pump technology approved as renewable energy - by Chris Plummer

For building owners, consulting engineers, and general contractors searching for new ways to enhance the efficiency and sustainability of cooling units while seeking to preserve the atmosphere and global ecosystem, the big news is geothermal heat pump technology.

The Brooklyn Tower starts leasing of apartments; developed and built by JDS Development Group and designed by SHoP Architects

Brooklyn, NY JDS Development Group and Douglas Elliman Development Marketing Group have begun the official launch of leasing for The Brooklyn Tower. The tower is designed by award-winning SHoP Architects with residential interiors by Gachot Studios and amenities interior

Tishman Speyer earns 2023 ENERGY STAR Sustained Excellence award

New York, NY Tishman Speyer has received the 2023 ENERGY STAR Sustained Excellence award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. The highest honor among ENERGY STAR Awards, the Sustained Excellence

RXR selects View Smart Windows for Phase I buildings of Hamilton Green mixed-use project

White Plains, NY View Inc., (View), the leader in smart building technologies, will have its Smart Windows enclose the Phase I buildings of Hamilton Green, a large-scale, mixed-use property being developed by RXR. View Smart Windows will be included

Lendlease secures $4m NYSERDA grant for NY’s largest geothermal heat exchange system for residential building at 1 Java St.

Brooklyn, NY Lendlease and joint venture partner Aware Super acquired $4 million in support from the New York State Energy Research and Development Authority (NYSERDA) to build a geoexchange system at 1 Java St. Once completed, the all-electric property will be the largest residential project in New York State to use a geothermal heat exchange system, according to NYSERDA.