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NATIONAL REAL ESTATE INVESTOR
the green sheet
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IN THE May 5, 2009 ISSUE
 Mayor Bloomberg Pushes Energy-Efficient Legislation for New York
 EPA Launches Multifamily Portfolio Manager
 Energy Modeling Improves Building Performance
 Green Tidbits

Green Sheet Exclusive

Mayor Bloomberg Pushes Energy-Efficient Legislation for New York
By Sibley Fleming

After 18 months of gutting and retrofitting the infrastructure of New York’s 1909 landmark Argonaut building in Manhattan, the $20 million green renovation will be complete this summer. The overhaul of the former General Motors building at West 57th Street and Broadway is likely to pass muster with Mayor Michael Bloomberg.

On April 22, the mayor proposed sweeping legislation that seeks to reduce carbon emissions from the city’s commercial buildings. If passed, New York City’s largest building owners would be required to conduct energy audits and make energy-efficient retrofits.

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Online Exclusive

EPA Launches Multifamily Portfolio Manager
Staff report

The U.S. Environmental Protection Agency has launched a multifamily version of its Energy Star Portfolio Manager. The online energy performance-tracking tool allows building owners and operators to measure and manage their buildings’ energy consumption.

A comparable tool has existed for the office sector for more than a decade. The tool will allow apartment owners to assess their portfolios’ energy performance, identify under-performing buildings, set investment priorities to make targeted energy efficiency improvements and earn recognition for achievements, according to the Washington, D.C.-based National Multifamily Housing Council.

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Guest Column

Energy Modeling Improves Building Performance
By Kristopher Baker and Rob Bolin of Syska Hennessy Group

A building is very similar to the human body; it is a network of separate, but interrelated and interconnected systems transferring fluids, electricity and data. The circulatory system, the respiratory system, the nervous system, even the digestive system clearly correlate to the various building systems that distribute energy, provide ventilation, manage the building and remove waste.

A building energy simulation characterizes these relationships between the systems to help fully understand a project’s needs. Simply put, building energy simulation is a tool used by designers to illustrate the implications of their design decisions before a building is constructed.

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Roundups

Green Tidbits
Staff report

Liberty Property Trust’s Comcast Center in Philadelphia has received LEED Core & Shell Gold certification…. Ashford Pacific’s Orrick Building in San Francisco has received the Earth Award from the Building Owner and Managers Association of San Francisco… Hines has extended its internal green office program, HinesGO, to 4,300 office tenants occupying 120 million sq. ft. of the firm’s managed portfolio…

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NREI INTERACTIVE PRODUCTS
ON-DEMAND WEBINAR
Reinventing Space
This Webcast looks at tips for how empty space can be used in a way that generates foot traffic and cash flow.


JOHN P. LEVY PODCAST
Commercial Real Estate: Every Thorn Has Its Rose
Listen as John Levy discusses several ways that developers can secure financing in the current tumultuous economic environment.

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Annual Green Building Interactive Resource Center
For the third consecutive year, the editors of National Real Estate Investor, Retail Traffic and Lodging Hospitality have teamed up to present their annual Green Building Interactive Resource Center—publishing in November. Includes a comprehensive directory of green product and service suppliers in more than 40 categories. Get listed.

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Every real estate business — and building — needs an emergency preparedness and recovery plan. A plan can save lives, assets and help minimize downtime after a crisis. You can’t control what happens, but you can be prepared. Visit www.reisac.org/prepare to learn more about the steps you can take to develop emergency response plans for your company and your buildings. When it comes to building security, we’re all in this together.
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