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How CRE Can Prepare to Meet New York City's Local Law 97

Moody’s Analytics CRE analyzed the potential financial impact of New York City’s Climate Mobilization Act The resulting research paper draws on New York City data on the types of fines likely to be levied, as well as Moody’s own net operating income data from commercial mortgage–backed securities properties, to estimate fines for property owners who take no mitigating measures to reduce energy usage. ....

New York , United States , Battery Park , Hewson Baltzell , Marta Schantz , Kevin Fagan , Helios Exchange , Randall Lewis Center , York City , Climate Mobilization Act , Local Law , Law Spurs Minor Credit Risk , New York City , Lewis Center , Real Estate Sustainability , Built Environment , Climate Mitigation ,

All Roads Are Pointing to Net Zero: ULI Greenprint Aligns Four More Members to its Net Zero Carbon Operations Goal

The ULI Greenprint Center for Building Performance announced today that four more of its real estate members have aligned to ULI Greenprint’s net zero carbon operations goal. These real estate leaders join the 30 members who have already adopted this goal to reduce the carbon emissions of their collective portfolio under operational control to net zero by the year 2050. The four members newly committed to net zero emissions are Bridge Industrial, Prologis (by 2030), Shorenstein Realty, and Unico Properties. ....

France General , Marta Schantz , Intergovernmental Panel On Climate Change , Unico Properties , Shorenstein Realty , Greenprint Center , Randall Lewis Center , Building Performance , Bridge Industrial , Co Executive Director , Real Estate , Paris Agreement , Intergovernmental Panel , Climate Change ,