Many New York City co-op and condo boards had been resistant to the idea of approving green retrofits and energy-efficiency upgrades, but that reluctance might be in retreat.
A principal at Urbanstrong, a green building consultancy, says the attitude of board members has shifted recently, according to a Habitat report. First, boards are realizing that they will have no choice but to comply with recent New York carbon-reduction laws.
They are also hearing from other boards that solar panels can be a welcome source of income as well as an effective carbon-reduction strategy. In addition, a sustainability-enhancing feature such as a green roof can increase property values, particularly if it includes an attractive lounge space.
The city’s one million buildings have 40,000 acres of roof space. Just a tiny fraction of those spaces accommodate solar panels or resident amenities. Some properties are making plans to green up HVAC by replacing old, inefficient heating and cooling systems with a combination of heat pumps and efficient gas boilers.
Related Stories
University Buildings | Sep 1, 2017
The University of Texas receives boutique-style student housing complex
The Ruckus Lofts provide 46 furnished units and 165 beds for UT students.
Mixed-Use | Aug 30, 2017
Former industrial building becomes 'lifestyle community' in ever-evolving Baltimore
The new community offers 292 apartments with 20,000 sf of retail space.
University Buildings | Aug 25, 2017
‘Chapel of food’ becomes one of Clemson’s go-to spaces on campus
The new dining hall is part of the school’s ongoing efforts to maintain its standing among the country’s top 20 public universities.
Multifamily Housing | Aug 24, 2017
Storage units, lounges most popular indoor and outdoor amenities in multifamily developments
Tenants and condo owners crave extra space for their stuff. Most developers are happy to oblige.
Mixed-Use | Aug 15, 2017
A golf course community converts into an agrihood with 1,150 homes and a working olive grove
The community will cover 300 acres in Palm Springs, Calif.
Multifamily Housing | Aug 14, 2017
Co-living: The next real estate disruptor or niche market?
From a practicality standpoint, co-living makes complete sense for young, single, and highly mobile working professionals.
Multifamily Housing | Aug 9, 2017
Related Companies unveils plans for One Hudson Yards luxury rental residences
The 33-story tower will be positioned on the High Line with views of the Hudson River and downtown Manhattan.
Multifamily Housing | Aug 9, 2017
Multifamily developers, designers cater to occupants’ need for mobility
Bike storage facilities and “bicycle kitchens” are among the most popular mobility amenities in multifamily developments, according to a new survey by Multifamily Design + Construction magazine.
Mixed-Use | Aug 9, 2017
Mixed-use development will act as a gateway to Orange County’s ‘Little Saigon’
The development will include apartments, ground-floor retail, and a five-story hotel.
Mixed-Use | Aug 8, 2017
Dorte Mandrup’s 74,000-sm masterplan will be highlighted by an IKEA and BIG’s ‘Cacti’
The mixed-use development links a new IKEA store, a hotel, and housing with green space.
