$1B Green Project Planned for Istanbul by Preston Koerner, JetsonGreen.com August 12, 2009 Just yesterday, architecture firm RMJM announced plans for a $1 billion, landmark green project for the Atasehir district of Istanbul, Turkey. The Varyap Meridian development is slated for a new residential and business district — and just might transform into a new [...]
Grab the ‘green’ real-estate boom Real-estate moguls know there’s good money in environment-friendly buildings. Here’s how the little guy can play, too. By Walecia Konrad, Fast Company If the workplace is any indication, you could almost believe corporate America really cares about the environment. Goldman Sachs (GS, news, msgs), Hearst, IBM Corp. (IBM, news, msgs), [...]
The Concept of LEED De-certification Written by Preston Koerner, Jetson Green July 13, 2009 LEED Version 3 has some new aspects, and the green building community is trying to understand the ins and outs. One aspect has been talked about strenuously in the past week, and I thought we should ground ourselves a little bit. [...]
Do Third Parties Have Standing to Initiate LEED 2009 Decertification Proceedings? By Stephen Del Percio, Green Real Estate Law July 9, 2009 The possibility that a LEED-certified project could be “decertified” by USGBC or GBCI in the event that any of the new LEED 2009 Minimum Program Requirements (”MPRs”) are not satisfied presents a variety [...]
In my experience, plaintiffs will typically wait until they are up against the controlling statute of limitations before commencing a lawsuit. Here in New York, the applicable statutes of limitation for many of the causes of action under which green building liability may arise (such as negligence and breach of contract) range from three to six years. When you consider that LEED Version 2.2 only went live on January 1, 2006, many of the LEED-related green building claims that have been suggested to date remain well within the statute. This could be a significant reason why both LEED- and green building-related litigation will remain on the horizon for the near future.
On April 27, 2009, the LEED green building certification program is launching Version 3. This version will taking advantage of new technologies and advancements in building science while prioritizing energy efficiency and CO2 emissions reductions.