28.02.2023 - Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the .
This article was first published on January 16, 2020. Mitigating climate change is always a major issue in DC and the region, so we wanted to share this article with you again.
In December of 2018, the DC Council passed a bill setting a challenge for large buildings across the District to meet new energy code standards by 2026. The law prescribes two different paths: one for new construction and existing buildings performing at or above a median level of energy efficiency scores according to the federal government’s program; another for buildings below that median.
The first group would work toward reaching net zero energy, while the second must take steps to raise their efficiency standards. While some buildings in DC have a small gap to bridge, many multi-family affordable housing buildings could struggle to afford the necessary changes.