Bamboo Flooring

Bamboo Flooring

LEED Silver-Hopeful Kalahari Cuts Prices on Last 12 Units

Sat

Oct

Back in October of 2007, only 19 units remained available at Full Spectrum's LEED Silver-hopeful Kalahari condominium development at 40 West 116th Street between Lenox and Fifth Avenues in Harlem. Only 7 units have moved since, and earlier this week prices were cut on the remaining 12. The asking price on a 1386-square-foot 3-bedroom, 2-bath unit is down 6 percent to $815,000, and a 1732-square-foot 4-bedroom, 3-bath apartment has been cut by 19.5 percent to $1.14 million. It's anecdotal, of course, and certainly a function of market realities here in 2009, but the price cuts are interesting to note in light of the constant barrage of positive studies and other reports extolling the inherent premium value of LEED-certified buildings and other green properties. (Note, however, that the Kalahari has yet to be formally certified by USGBC).

Aspen Equities: 2 for 8 at "Seriously Green" 580 Sterling Place

Thu

Apr

by Stephen Del Percio

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Aspen Equities has received offers on five of the eight units at its "seriously green" condominium project in Prospect Heights which we profiled briefly here at gbNYC last month. 580 Sterling Place, which is not seeking any third-party certification for its sustainable design features, currently has two units under contract; prices range from $299,000.00 to $499,000.00 for its 550 to 1100-square-foot apartments. As we noted previously, green elements include low-VOC paints and sealants, tankless gas hot water heaters, low-E windows, energy efficient kitchen and bathroom lighting, Energy Star appliances, bamboo flooring, dual flush toilets, programmable thermostats, and wind-powered common areas. Each apartment also offers private outdoor space as well as 9 or 10-foot ceiling heights and bicycle storage space. The project should be substantially complete within the next month with closings and move-in dates scheduled for sometime this summer. The New York Post noted 580 Sterling Place in an article today touting the success that some local developers are having with boutique green condominium projects, even in the current market.

Green Prefab in the Catskills: Alta Log Home, Fleischmanns, New York

Thu

Dec

by Stephen Del Percio

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USGBC’s LEED for Homes (“LEED-H”) Pilot Program is now closed; the organization’s constituents voted on its final approval during a period that ended a few weeks ago, and the system’s formal introduction should be forthcoming shortly. Three projects in New York State earned certification from USGBC under the Pilot Program, and we’ve presented two of these residences to you previously. The Morrisania Homes, a Silver affordable housing development in the Bronx, made our list of the top five 2007 New York City green buildings, while the Callahan House in Skaneateles, just outside of Syracuse, received Gold early this summer.

Alta Log Homes is a Catskills-based manufacturer of prefabricated wooden log residences. It offers fifty different models, as well as custom designs, and its Greenbriar model in Fleischmanns earned New York’s aforementioned third LEED-H rating (Certified) back in August.