As environmentally-conscious renters and buyers snatch up the eco-friendly properties in Manhattan, developers are finding that building green is good for the earth and for business.
Buyers and renters in New York City have always been hungry for housing. The city is one of the liveliest housing markets in the world, boasting a high demand for a less-than-high supply. But as housing choices evolve, the amount of bedrooms may not be the ultimate deciding factor for some environmentally-conscious renters. Green housing is surging in New York, and renters are lining up at the chance to get a spot. And the developers of these buildings couldn't be happier.
"Developers say they are building green because they believe in it, but they also expect to gain a competitive edge. If faced with the choice of renting or buying two similar apartments, the developers say, consumers increasingly will opt for the one with green features, even if it comes at a higher price."
" 'We think it’s important to do, and we think that other buildings that don’t do this will become obsolete, and our buildings will continue to maintain their value,' said Douglas Durst, who built 4 Times Square, a pioneering green office building, in the late 1990’s. He is now building his second green apartment tower."
Thanks to Melissa Chow
FULL STORY: It’s Getting Easier to Be Green
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
Rethinking Computing: Researchers Tackle AI’s Energy Demands
USC researchers are reimagining how AI systems are trained and powered — through smarter algorithms, innovative hardware, and brain-inspired designs — to dramatically reduce computing’s energy footprint.
Amazon-Owned Robotaxis to Begin Testing in LA
Los Angeles will become the sixth city where Zoox is testing its autonomous vehicle technology.
New York MTA Says No More Borrowing, Will Cut Costs Instead
The agency says it won’t take out any new loans to finance its planned improvements and is finding other ways to cut costs.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
New York City School Construction Authority
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions