LEED

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Green Building in Crisis? Bear Stearns Meltdown May Drown Beer Belly Building

Late yesterday, Crain’s reported that JPMorgan Chase will move its investment banking operations into the former offices of Bear Stearns on Madison Avenue at 47th Street in Midtown, which JPMorgan purchased on Monday in the aftermath of Bear’s meltdown last week. The decision places the proposed LEED Platinum Beer Belly Building project at 5 World Trade Center in jeopardy- if not completely shelving it- though according to a spokesman the bank is still considering its options in connection with the site. Crain’s also reports that JPMorgan will continue negotiating with the Port Authority about building at 5 WTC, but the same spokesman “couldn’t say what might be built . . . or when a decision would be reached.”

March 18th, 2008 | Stephen Del Percio | 2 comments | Continued
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New York’s First Green Industrial Park Breaks Ground on Long Island

On Monday, a trio of co-developers broke ground on a Long Island industrial park project that will be the first such development anywhere in New York State to seek LEED certification. Located in the Moriches hamlet of Brookhaven, just west of the Hamptons, the 10-acre park will be designed to an unspecified rating and feature seven buildings offering 78,000 square feet of industrial space. According to Vincent Trapani, head of Bayshore-based U.S.A. Industries, one of the developers, the $7 million project should open by the end of the summer and could feature a solar panel company as one of its tenants. Trapani called the development “a green supermarket” for green construction companies.

February 29th, 2008 | Stephen Del Percio | 1 comment | Continued
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Chandler Airport Commerce Center: First Green Globes-Certified Building in Arizona

The Chandler Airport Commerce Center is an office and warehouse building that just became the first in the Copper State to earn any level of Green Globes certification from the Portland, Oregon-based non-profit Green Building Initiative. Located just outside of Tempe, the Center features a modest 27,000 square feet of warehouse space and 3,000 square feet of office suite space. According to Michael O’Connor, senior VP of Wisconsin-based developer Irgens, “[t]he building is relatively small, and going for LEED certification didn’t make sense financially.” Irgens has a number of LEED-certified projects throughout the Midwest, but the Chandler Center was its first to seek a rating under Green Globes.

February 27th, 2008 | Stephen Del Percio | 0 comments | Continued
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Green Commercial Office Space in New York City Currently Ranks Third in U.S.

According to a report that was released last month by the Burnham-Moores Center for Real Estate at the University of San Diego, Los Angeles is first among U.S. cities when it comes to LEED- or Energy Star-certified commercial office space. The CoStar Group provided the data upon which the report was based and ranked cities by the total amount of their square footage that has earned either the LEED or Energy Star designation; no breakdown appears to be readily available that segregates the figures according to individual rating system. Los Angeles topped the list with 100 buildings and 26.2 million square feet while Houston checked in at #2 with 46 buildings and 21.1 million square feet; New York City was third with 11 buildings and 12.3 million square feet.

February 26th, 2008 | Stephen Del Percio | 0 comments | Continued
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Monday LEEDoff: Enable, Inc. HQ is First Certified Building in Syracuse

Enable, Inc. is a non-profit organization that provides assessment, training, and therapy to over 2,000 disabled children and adults and their families each year. Last week, Enable officially received a LEED Certified rating for its new 30,000-square-foot headquarters building at 1603 Court Street in Syracuse, New York- the first project of any kind in the city to formally receive a LEED rating from USGBC. The $5 million facility was designed by Syracuse-based Schopfer Architects LLP, built by Northeast Construction Services, Inc., and opened up in February of 2006.

February 25th, 2008 | Stephen Del Percio | 0 comments | Continued
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Excavation Complete, Silverstein Prepares to Break Ground at Gold Greenwich Towers

After completing excavation at 4 World Trade Center a month ago, the Port Authority on Wednesday finished excavation and foundation work at 3 World Trade Center. Respectively, the sites will be home to Fumihiko Maki’s 64-story, 975-foot minimalist 150 Greenwich Street and Richard Rogers’ 71-story, 1,147-foot 175 Greenwich Street. The Port Authority performed the work pursuant to the agreement that it entered into with Larry Silverstein back in 2006 (whereby Mr. Silverstein turned over the development of the Freedom Tower and Tower 5- the LEED Platinum Beer Belly Building- to the Port Authority in exchange for the right to build a trio of Greenwich Street towers). The Port Authority has now turned the sites back over to Mr. Silverstein after collectively excavating 400,000 tons of concrete, soil, and rock, as well as constructing an 80-foot deep foundation with 240 streel tiebacks.

February 22nd, 2008 | Stephen Del Percio | 0 comments | Continued
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Fordham’s Campbell Hall: Green Higher Education in the Bronx

Fordham University will begin construction in late April on two new seven-story residential buildings at its Rose Hill campus in the Bronx, both designed by Sasaki Associates to achieve an unspecified level of LEED certification. Together, the residence halls will offer 166,000 square feet of living space, divided into four- and six-person suites. Sasaki is still ironing out green design features, but it’s possible that the project could include rooftop rainwater collection systems, as well as LEED-standard efficient lighting and recycled construction materials.

February 22nd, 2008 | Stephen Del Percio | 0 comments | Continued
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Monday LEEDoff: 200 Delaware Avenue in Buffalo Harvests 7200 Tons of Demolition Debris

A project in downtown Buffalo, New York is taking LEED’s Materials & Resources credit category quite seriously and expects to collect close to 7,200 tons of demolition material during the $68 million rehabilitation of what was once the Thaddeus J. Dulski Federal Office Building into the mixed-use 200 Delaware Avenue. Designed by architects Pfohl, Roberts and Biggie, the project team is slowly razing the existing 15-story building that dates from the 1970s and sorting each component of the structure, from its pipes and wires to light fixtures. According to co-developers Uniland Development Co. and Acquest Development, the effort should conserve 6,434 tons of concrete exterior panels, 570 tons of interior concrete and brick, 200 tons of steel and metal, and 10 tons of aluminum.

February 18th, 2008 | Stephen Del Percio | 1 comment | Continued
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Green Globes Legislation Grows in Garden State: Will Proposed Tax Credit Act Follow?

The New Jersey Green Building Tax Credit Act of 2008 may soon give developers in the Garden State up to $20 million in annual tax credits that they’ll be able to apply to their state corporate, income, sewer, and water taxes. Under S1077, the bill containing the proposed legislation, the amount of credits that would be awarded for a particular project increases as the developer builds to higher levels of LEED certification, up to an additional six percent for LEED Platinum. Over the course of the seven-year program, the total amount of available credits could increase to $50 million. The bill is being sponsored by Essex County Assemblyman John McKeon (D), who hopes that it will be signed into law by July 1.

February 15th, 2008 | Stephen Del Percio | 0 comments | Continued
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NYC: America’s 20th Greenest City?

Popular Science ranks the country’s 50 Greenest Cities in its latest issue and New York comes in at a respectable #20, despite being beaten out by Boston and Chicago. The magazine used raw data from the U.S. Census Bureau and the National Geographic Society’s Green Guide, which collected government statics and survey data across 30 different sustainability categories. Pop Sci then distributed these statistics across four broad categories: electricity, transportation, green living, and recycling and green perspective. Cities earned points for items such as their number of LEED-certified buildings, how much energy they draw from renewable sources, how many commuters use public transportation or carpool, and how much land they devote to public green space.

February 12th, 2008 | Meredith Taylor | 0 comments | Continued
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Monday LEEDoff: First LEED-Certified Museum in New York- Adirondack Park’s Wild Center

Located deep Upstate in Adirondack Park, the Wild Center/Natural History Museum of the Adirondacks is the first museum in New York State to receive a LEED rating, earning Silver from USGBC last week. The $30 million facility opened back in July of 2006 and primarily presents exhibitions about the Adirondacks’ human history. The Wild Center is also the first LEED-certified building in Adirondack Park of any kind, which at 6 million acres is larger than the entire Commonwealth of Massachusetts.

February 11th, 2008 | Stephen Del Percio | 0 comments | Continued
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Lack of Life Cycle Assessment Continues to Plague Green Building Rating Systems

According to University of Minnesota biosystems engineering professor James L. Bowyer, USGBC’s LEED system may be doing more harm than good when it comes to fostering sustainable design practices. In a recent article in Professional Builder, Bowyer specifically pointed to LEED’s current lack of life cycle assessment (”LCA”) for building materials. LCA in the context of sustainable building refers to an analysis of the environmental impact of construction materials and building systems during the course of their entire useful lives. Bowyer’s main point is that, in the absence of LCA, LEED encourages project teams to achieve as many credits as possible, which may actually end up increasing- rather than decreasing- the environmental impact of purportedly green construction.

February 5th, 2008 | Stephen Del Percio | 0 comments | Continued
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Monday LEEDoff: HSBC’s Gold Headquarters Tower in Mexico City

Checking in at #8 on the CoStar Group’s list of the top ten green real estate stories of 2007 was the commitment that a number of banks demonstrated to sustainable building and operations during the course of last year. When we presented the list to you earlier this month, gbNYC noted the green efforts of a number of banks here in the New York City area, including JPMorganChase, PNC Bank, and Bank of America. Not to be outdone, HSBC Bank announced last week that its Headquarters Tower on the Paseo de la Reforma in Mexico City has earned the first LEED Gold rating in Latin America.

January 28th, 2008 | Stephen Del Percio | 0 comments | Continued
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Sustainable Architecture & Social Responsibility: Mercy Corps’ Platinum Action Center in Battery Park City

Mercy Corps today officially unveiled its Action Center to End World Hunger, a $5.4 million, 4,000-square-foot interactive education facility in Battery Park City that should open up this fall. Designed by Edwin Schlossberg’s ESI Design, the Center will seek a LEED Platinum rating from USGBC. The Battery Park City Authority chose Mercy in the wake of September 11 to create a Downtown cultural space that would raise local awareness about global issues; Mercy is a provider of international relief and development funding that earned a 2007 Nobel Peace Prize nomination.

January 25th, 2008 | Stephen Del Percio | 2 comments | Continued
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ProLogis: The Sustainable Warehouse Construction Initiative

Industrial construction is one particular sector of the building industry where sustainable efforts have remained relatively unremarked upon. Almost a year ago, we wrote one of gbNYC’s very few posts discussing industrial properties, noting a New York City-based owner called Pantheon Properties which had announced a plan to retrofit its nine-warehouse portfolio. Last week, a much larger industrial owner- ProLogis, the world’s biggest developer and owner of distribution facilities- revealed that it will implement a green initiative, including registering all of its future developments, as well as those currently in the design or planning stages, under the LEED system.

January 22nd, 2008 | Stephen Del Percio | 0 comments | Continued
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Color it Green: The 25 Largest Blocks of Available Manhattan Office Space

A few green addresses of note jump off the most recent CoStar Group list of the largest contiguous blocks of office space currently available in Manhattan (as of December 31, 2007). The list appears in the Real Estate Report in this week’s edition of Crain’s. Topping the list is SJP Properties’ LEED Silver hopeful 11 [...]

January 15th, 2008 | Stephen Del Percio | 1 comment | Continued
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How Sweet It Is: Ogilvy, Gensler to Make Green at Auerbach Chocolate Factory on 11th Avenue

Hudson Yards won’t be the only development on the far West Side of Manhattan to incorporate sustainable design principles. After recently inking a long-term lease for the entire property, Ogilvy New York has retained Gensler to redesign the Hakimian Organization’s 11-story, 554,800-square foot 636 11th Avenue, which sits between 46th and 47th Streets, to LEED [...]

January 11th, 2008 | Stephen Del Percio | 0 comments | Continued
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The State of Sustainable Building: Ten Notable Green Quotables

Chapter 1 of the 2007 Building Design + Construction Green Buildings White Paper, “AEC Industry Continues to Embrace Green Building, But Is It Still Only a Niche?,” includes three pages of quotes from industry stakeholders regarding, among other things, their attitudes towards the role of A/E/C professionals in green building, prevailing green market conditions, defining [...]

January 10th, 2008 | Stephen Del Percio | 2 comments | Continued
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Deutsche Bank Demo to Resume; JPMorgan Still Hopes for Platinum Beer Belly Building to Rise at 5 WTC by September

On Tuesday, the Lower Manhattan Development Corporation (“LMDC”) announced that it reached an agreement with its construction manager, Bovis Lend Lease, to hire a new subcontractor that will complete demolition efforts at the former Deutsche Bank Building on 130 Liberty Street. Work at the site has stalled for close to five months now in the [...]

January 10th, 2008 | Stephen Del Percio | 0 comments | Continued
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CUNY Continues To Wave Its Green Flag

The City University of New York (”CUNY”) announced a budget request earlier this week for $77 million to build a new sustainable library on the campus of Bronx Community College (”BCC”). The North Instructional Building and Library, designed by Robert A.M. Stern, will be constructed for LEED Silver certification and is expected to be [...]

January 9th, 2008 | Meredith Taylor | 0 comments | Continued