Commercial Real Estate

New York’s Green Bank Committing To Diverse Transactions

One World Trade Center Deemed Tallest Building In North America

New York State’s one-billion-dollar[1] Green Bank opened for business in 2014 and has begun committing to transactions. The Green Bank’s self-professed sweet spot is investments between $5 million and $50 million.

Obama To Deliver Major Climate Change Speech

The California Energy Commission (CEC) implemented the Nonresidential Building Energy Use Disclosure Program in two phases. The first phase took effect on January 1, 2014 and applies to nonresidential buildings of at least 10,000 square feet. While the second phase, which imposes disclosure requirements for nonresidential buildings of at least 5,000 square feet, was supposed to take effect on July 1, 2014, this disclosure timeline was just delayed two years. The CEC recently announced that the compliance date for the second phase has been pushed from July 1, 2014 to July 1, 2016.