Landlords make emission statement, set carbon goal: OPINION

Ten firms commit to substantial reduction in greenhouse gases

New York /
Feb.February 17, 2014 11:20 AM

The real estate industry has been taking the lead on the city’s effort to reduce carbon emissions, as 10 property-management firms have vowed to participate.

The undisclosed firms said they will reduce emissions from their portfolios of multi-family residential property by roughly 30 percent over the next decade. They plan to select a total of 200 multi-family buildings that collectively comprise 20,000 units.

“These first 10 firms are paving the way for others in the multifamily sector, wrote architect Laurie Kerr and Angela Pinsky, senior vice president of management services and government affairs for the Real Estate Board of New York, in an op-ed article in Crain’s. “The more who join in, the more we can rein in housing costs, improve public health and make New York City a more sustainable place to live.”

Pinsky and Kerr said this will allow buildings to save money on energy bills and maintenance fees. [Crain’s]Mark Maurer


Related Articles

arrow_forward_ios
John Banks
High expectations: A look at John Banks’ 4 years at REBNY
High expectations: A look at John Banks’ 4 years at REBNY
John Banks
John Banks to step down as REBNY president
John Banks to step down as REBNY president
REBNY Awards
Newmark Knight Frank wins REBNY retail award for Alamo Drafthouse deal in FiDi
Newmark Knight Frank wins REBNY retail award for Alamo Drafthouse deal in FiDi
1439 Ocean Avenue in Brooklyn (Google Maps)
New York’s “worst landlord” pays the piper in $235K city settlement
New York’s “worst landlord” pays the piper in $235K city settlement
Small developments dominate as new building filings return to pre-pandemic levels
Small developments dominate as new building filings return to pre-pandemic levels
Small developments dominate as new building filings return to pre-pandemic levels
Commercial brokers’ confidence at all-time high: REBNY survey
Commercial brokers’ confidence at all-time high: REBNY survey
Commercial brokers’ confidence at all-time high: REBNY survey
CoStar CEO Andy Florance and REBNY president James Whelan (Getty, iStock, REBNY)
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
Lost without office workers, Midtown storefronts struggle to find tenants
Lost without office workers, Midtown storefronts struggle to find tenants
Lost without office workers, Midtown storefronts struggle to find tenants
arrow_forward_ios

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

Loading...