Rose says sustainability no fiscal burden

TRD New York /
Jan.January 18, 2010 12:29 PM

At a time when eco-consciousness is de rigueur for residential and commercial developments across the city, Jonathan Rose, founder and president of sustainable development firm Jonathan Rose Companies, has his hands full. Rose talk to the New York Times about green development and how his firm is staying strong. His company works on both non-profit and for-project projects, while also serving as a consultant for government agencies like the EPA to craft public policy. Metro Green, a three-building affordable housing complex in Stamford that’s seeking gold LEED certification is a current high-profile development for the firm. Rose said that projects like the Stamford one aren’t fiscally burdensome for a developer, because there’s little extra cost associated with green building. “We spend about 1 percent more to make a building between LEED silver and gold,” Rose said. “There’s just a huge amount of data that shows we can typically reduce energy use by about 30 percent simply by very inexpensive ways, and in some way by paying better attention.”


Related Articles

arrow_forward_ios
Jonathan Rose and 65 West 96th Street (Credit: Rose by TRD)

Jonathan Rose Cos. snags UWS affordable-housing tower for $94M

Jonathan Rose Cos. snags UWS affordable-housing tower for $94M
Groupwork’s Amin Taha and Webb Yates’ Steve Webb (Credit: Groupwork, The Golden Sun project)

Building towers with stone could be the future, architects say

Building towers with stone could be the future, architects say
Local Law 97 is part of a push for a 40 percent reduction in citywide emissions by 2030 and 80 percent by 2050 (Illustration by Kevin Rebong for The Real Deal)

Real estate seeks changes to city’s green buildings bill

Real estate seeks changes to city’s green buildings bill
Mayor Bill de Blasio at a Green New Deal rally at Trump Tower (Credit: Getty Images)

Not just Trump Tower: These NYC buildings would get absolutely hammered by Green New Deal fines

Not just Trump Tower: These NYC buildings would get absolutely hammered by Green New Deal fines
Comptroller Scott Stringer (Credit: Getty Images)

City slow to spend $15B in Superstorm Sandy aid: Stringer

City slow to spend $15B in Superstorm Sandy aid: Stringer
Time Equities CEO Francis Greenburger and Empire State Realty Trust CEO Anthony Malkin (Credit: Getty Images and iStock)

Going green has some city landlords seeing red

Going green has some city landlords seeing red
Public housing is excluded from the city’s clean-energy plan

Public housing is excluded from the city’s clean-energy plan

Public housing is excluded from the city’s clean-energy plan
City Council just created the “largest disruption in the history of New York City real estate”

City Council just created the “largest disruption in the history of New York City real estate”

City Council just created the “largest disruption in the history of New York City real estate”
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...