Manhattan is set to get its first residential building that measures up to passive house standards, a set of green guidelines that aim to cut heating costs by 90% through the use of solar energy, better insulation and other measures, reports Crain's New York.

A big step in that direction took place in December when the development arm of Synapse Capital closed on the purchase of a 9,900-square-foot lot in Harlem. Read the full story here.