Unbeknownst to many, the current climate crisis is expected to severely affect commercial properties. In coastal cities across the United States, for instance, billions of dollars worth of office buildings, retail centers and apartment buildings are located in zones where major flooding is expected to occur due to rising sea levels, according to a recent report. Miami alone has an ...
More electric cars are hitting the roads. According to a recent report from the International Energy Agency, sales of electric vehicles (EVs) doubled in 2021 from the previous year to a new record of 6.6 million. Nearly 10% of global car sales were electric in 2021, an increase year over year since 2019. In fact, with EVs making up roughly ...
Patrick Chopson is the co-founder of cove.tool, a tech firm that aims to fight climate change by using automation to help architects, engineers, contractors and developers leverage data-driven design. The goal is to keep costs minimal while making the most of buildings and their ESG goals. ESG-related assets will reach $41 trillion by the end of 2022. Chopson co-founded the ...
When gas and oil cost pennies, no one dreamed about spending a lot of money to heat or air condition their building or drive their car. Eventually we had no choice. In 1960 OPEC was created and in 2016 OPEC+ further advanced the oil-producing nations to happily control oil costs and production. Private oil companies follow in the same fashion, ...
Wendell Berry is not only known as a novelist, but an environmental activist. His book, “The Unsettling of America,” looked at the state of America's agricultural business in 1977. Critics say there hasn't been much improvement in the environments he describes in the book 40 years ago. As Berry wrote in the book: “Only if we know how the land ...
Today, one of the biggest contributors to carbon emissions comes from the self-storage industry, producing over 780 million pounds of carbon annually. The main reason for this fact is the constant construction of new self-storage facilities that produce carbon. According to a study conducted by the Washington State Department of Archeology and Historic Preservation, the construction of new buildings, including ...
With global sustainability goals comes a big change to commercial real estate. The building industry accounts for 40% of all carbon emissions. It makes sense that sustainability is a growing area where much change is needed. Over the next coming years, the commercial real estate industry will continue to shift to become greener. According to a recent environmental report from ...
Earth Day is today! With efforts like global waste cleanup, recycling initiatives and ocean pollution solutions, the world stage is set for buildings to play a role as well. While Net Zero Carbon homes are becoming a hot topic in the media, what about commercial real estate? That’s where the money really needs to be saved. The Office of Energy ...
When a giant developer comes into a historic neighborhood like New York City’s Lower East Side, it isn’t easy to blend into the area. In fact, in many cases, a luxury building sticks out like a monolithic block amid humble rows of old walkups (nothing screams “gentrification” quite like that). That was not the goal of the entire block-wide Essex ...
While many sustainable buildings are on the rise, one building in Denver takes its eco-consciousness to the next level. Biophilic design, as we know it, is nature-infused design. Imagine a long, wooden hallway of an office lobby lined with trees, hotel rooms with moss-covered walls or “green rooftops,” vegetation covering a flat roof. Basically, the best of biophilic design brings ...
Lev is using technology to transform the CRE financing process.
Lev is using technology to transform the CRE financing process.