Going green has some city landlords seeing red

All stick, no carrots. That’s how some in the real estate industry — or at least several building owners — are interpreting New York City’s recent adoption of lower greenhouse-gas emissions standards on properties larger than 25,000 square feet and the imposition of potentially hefty penalties for those who don’t retrofit their properties in time. Real estate plays a significant role in the city’s greenhouse gas emissions. In 2015, New York’s buildings were responsible for […]

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