All Posts Tagged With: "green building premium"

Final Asking Rents at LEED Platinum Bank of America Tower Hit $185/SF

Hedge fund HBK Investments, which last summer signed on for LEED Platinum hopeful Bank of America Tower’s 40th floor at $135 per square foot, has officially terminated its commitment for 12,000 square feet of that space. The Dallas-based firm will still retain 24,000 square feet on the 40th floor and the Dursts will now seek to lease the freshly freed space for an incredible $185 per square foot. The only space in the building that remains in addition to HBK’s former space is 30,000 square feet on the 37th floor, where the Dursts are asking the same rent; the family will consider partitioning either space into blocks for smaller tenants. According to Eric Engelhardt, one of Durst’s vice presidents for leasing, “[t]here is a greater universe of smaller tenants looking for high end space.”

20Aug2008 | Stephen Del Percio | 0 comments | Continued

1347 Bristow Street in the Bronx: LEED Silver for $5/sf Premium

In a letter to the editor that appeared in this week’s edition of Crain’s, Richard M. Cherry, President of the Community Environmental Center (“CEC”), described his organization’s experience at 1347 Bristow Street in order to make a general point about green building cost premiums. The $3.7 million project, a twenty-five unit apartment building in the [...]

16Nov2007 | Stephen Del Percio | 0 comments | Continued

BD+C Releases Fifth Annual Green Building White Paper

Building Design + Construction magazine’s fifth green building White Paper is now available for download. We commented on last year’s edition- Green Building and the Bottom Line- in a series of posts, discussing restaurants, retail, office buildings, hotels, and professional liability issues for architects and engineers as presented in the White Paper. The 2007 installment [...]

26Oct2007 | Stephen Del Percio | 0 comments | Continued