New York City Mayor Bill de Blasio's $41 billion affordable housing plan includes a pilot program that would boost much-needed sustainability projects at affordable multifamily properties in the city. The program will target housing that serves low- to moderate-income residents, focusing on some of the oldest and most vulnerable housing stock, such as smaller and midsize tenement buildings.
A year and a half after Superstorm Sandy devastated much of the Eastern seaboard, are there any silver linings from the hurricane that was the second-costliest in U.S. history? Is it possible that the commercial real estate sector is now more sustainable because of a storm? The answer is a complicated yes and no.
Approximately 10,000 baby boomers turn 65 every day. That staggering fact is not lost on the world of commercial real estate, and many in the property management field in particular are working to deal with the waves of coming retirements.
Most people know that used electronics—just like paper, plastic, metal and glass—require recycling. What may not be as well known is the notion that simply recycling electronic waste is not enough to be truly green. Two entities have launched in the past few years to set higher standards for e-waste recycling companies.