The Building Owners and Managers Association (BOMA) International and the Greater Boston Real Estate Board (GBREB) released a report, “An Economic Perspective on Building Labeling Policies,” that questions the efficacy of mandatory building energy labeling. “Mandatory benchmarking and energy labeling often adds expense to building owners without necessarily improving energy efficiency significantly,” commented BOMA International Chair Joe Markling. The report did find evidence that building labels could boost property values, with properties that receive a “green” score seeing appreciation in their market value and properties receiving a brown score experiencing depreciation.
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FMI’s Construction Outlook: Third Quarter 2011 Report
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| Oct 11, 2011
Pink light bulbs donated to Society of Memorial Sloan-Kettering Cancer Center
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| Oct 11, 2011
ThyssenKrupp elevator cabs validated by UL Environment
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| Oct 11, 2011
Ballard Spahr launches real estate recovery group
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| Oct 11, 2011
Onex completes investment in JELD-WEN
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