The Top 10 News Stories in Green Real Estate from 2007

We take a look back at the top ten green real estate stories from 2007 according to the CoStar Group, with links to posts about each story that we wrote about here at gbNYC.

In an article that was published yesterday, Andrew Burr of the CoStar Group listed his top 10 “most influential” green news items of 2007. We wrote about many of these important stories here at gbNYC last year, so we present Mr. Burr’s list below with links to our supporting posts.

Two items in particular jump out off the list- first, the World Trade Center redevelopment efforts check in at #7; as the massive project gets further off the ground before the close of this quarter, expect to see it appear again on any similar list in 2008. Second, note what took honorable mention- the ASHRAE/USGBC initiative to create Standard 189P, which will eventually be an ANSI-accredited standard intended to be incorporated into local building codes.

USGBC plans for 189P to ultimately be a prerequisite for LEED certification, though it’s still unclear how this will play out in terms of the increasing number of LEED-driven building codes that were enacted in 2007. This is certainly an issue to keep an eye on in 2008 as 189P continues to move through its public review phase. Items four through ten are after the jump; check out Mr. Burr’s article for links to CoStar articles on each of these ten important stories.

#1: CB Richard Ellis Takes Significant Sustainable Steps

#2: USGBC’s LEED Green Building System Emerges as De Facto in U.S.

#3: D.C. and Boston Pass Comprehensive Green Building Legislation

#4: Investment in Green Buildings Increases

#5: UN Flags Commercial Real Estate as Major Contributor to Climate Change

#6: General Electric Plans to Green Entire Holdings Portfolio

#7: Green Redevelopment of World Trade Center Underway in Manhattan

#8: Banks Demonstrate Commitment to Sustainability

#9: Clinton Climate Initiative Provides Funding for Green Retrofits

#10: Wal-Mart Sets Sustainable Pace for Global Retailers

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gbNYC is a multi-disciplinary consulting and real estate services firm. In addition to representing office tenants and commercial buyers in leasing and acquisitions, we also provide innovative consulting solutions from a unique, green building perspective. We advise on green building financial incentives, comment on proposed green building marketing strategies, author white papers, treatises, and market analyses, organize seminars on the LEED process and professional accreditation, and provide advice and analysis on green building risk management and the overall state of green real estate, leasing, and construction, in New York City and beyond.

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One Response to The Top 10 News Stories in Green Real Estate from 2007

  1. Susan Singer Friday, January 11, 2008 at 8:19 am #

    Kudos to D.C. and Boston for taking the forefront in municipal green building legislation. Let’s hope New York City follows their LEED.