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NATIONAL REAL ESTATE INVESTOR
the green sheet
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IN THE April 6, 2009 ISSUE
 Firms Share Successes in Greening Office Portfolios
 Empire State Building To Receive $20 Million Retrofit
 The Dean of Green

Top Story

Firms Share Successes in Greening Office Portfolios
By Sibley Fleming

While government works at a fevered pitch to generate sustainability regulations and incentives for office buildings across the country, the private sector is busy sharing the cost of research that will ultimately yield best practices for the greening of office building portfolios.

The research is being compiled by Cambridge, Mass.-based Sustainability Roundtable Inc. (SRI), a private research firm whose goal is to accelerate the adoption of best practices for more sustainable buildings. Founded on Earth Day, April 22, 2008, SRI’s inaugural research, which is being launched this year, will focus on practices that demonstrate100% return on investment.

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Empire State Building To Receive $20 Million Retrofit
Staff report

Commercial real estate services firm Jones Lang LaSalle today announced a $20 million energy retrofit program that will reduce the Empire State Building’s annual energy consumption and greenhouse gas emissions by as much as 38%. The investment will trim energy costs by $4.4 million a year, with a payback of less than five years.

The project is being completed in partnership with the Clinton Climate Exchange, the Rocky Mountain Institute, Johnson Controls Inc. and The Empire State Building Co. under the direction of Anthony E. Malkin, president of Wien and Malkin LLC, which oversees the Empire State Building. Chicago-based Jones Lang LaSalle will serve as program manager for the project, which will become a pilot for sustainability programs in other existing buildings around the world.

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The Dean of Green
By Carlo Wolff, a special to NREI from Lodging Hospitality

Brian Scheinblum’s drive to turn a weary hotel belle in South Beach into a laboratory for the latest in environmentally sensitive operations has been lonely, but it seems he’s no longer a voice in the wilderness. While change comes slowly in this trendy section of Miami Beach, being in the forefront of the green hotel movement may well pay off. In a city that puts a premium on appearance, the Hotel Clifton renovation goes far beyond facelift.

Scheinblum is the soft-spoken head of Cambean Hospitality, a collection of four South Beach hotels that total 205 rooms and share management and operational practices. He hopes the Clifton, the imminent star of the bunch and the only Cambean Earth property, kicks distinctively green butt starting mid-April, when the 35-room, 61-year-old Collins Avenue hotel reopens, potentially becoming the first Leadership in Energy and Environmental Design-certified hotel in Florida and the first LEED-certified historic hotel in the country.

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Now available, the 2008 Annual Green Building Survey & Directory

The Penton Commercial Real Estate Group teamed up to produce a special research report about going green. Click here to download the Green Building Survey and Directory. For information on how to participate in the 2009 directory, please contact Marianne Rivera.
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