NYC Task Force Issues Recommendations for Residential Conversion of Unused Office Space
This week, New York City’s Office Adaptive Reuse Task Force released a study calling on the city and New York State to loosen regulations preventing the conversion of older office stock into much-needed housing.
Extreme weather, fueled by climate change, cost the U.S. $165 billion in 2022
A town-flattening hurricane in Florida. Catastrophic flooding in eastern Kentucky. Crippling heatwaves in the Northeast and West. A historic megadrought.
Michigan hopes to clean up all 450 of its abandoned oil and gas wells in the next 2 years
The U.S. Department of the Interior is establishing an office to tackle cleaning up abandoned oil and gas wells — so-called "orphan wells."
Building a greener future begins with buildings
Turning sustainability ambition into action begins with buildings. The built environment is the single largest emitter of carbon, ahead of even transportation and agriculture.
EPA Releases New PFAS Analytic Tools
The U.S. Environmental Protection Agency (EPA) has released a new interactive webpage, called the “PFAS Analytic Tools,” which provides information about per- and polyfluoroalkyl substances (PFAS) across the country.
Analysis: More office tenants ditching aging buildings for new digs
A tale of two office markets is unfolding in Manhattan as a growing number of tenants ditch older spaces for newer or recently renovated buildings.
Welcome to 2023: ESG & employees still win even in economic uncertainty
Environmental, social, and governance (ESG) issues and the power shift in favor of sought-after employees will emerge as business-as-usual topics in 2023, even amid the uncertain global economic environment.
On New Year’s Eve, New York Governor Kathy Hochul signed New York’s “Cumulative Impacts” bill into law, making New York the second state in the nation to require assessment of “cumulative impacts”...
Smaller Banks Are Stepping Into The CRE Lending Void. For Now
The commercial real estate debt market crumpled last year, weighed down by historically aggressive interest rate hikes, but one little-watched corner of the sector has stepped in to partially fill the void.
There were some big climate policy moves in 2022. What’s on tap for the new year?
When it came to climate change, 2022 offered some reasonably good news and some pretty alarming bad news.
