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Vornado, ESRT and Other NY Landlords Commit to Carbon Neutrality


The cohort of 10 landlords which also includes the Durst Organization, Rudin Management and Silverstein Properties will be eligible to submit decarbonization proposals to NYSERDA by July 31 to compete for up to $5 million each in funding to implement the program. A total of $27 million is available in this round, but more will be available in the future, according to the state.
Beam Living, Hudson Square Properties, Jonathan Rose Companies, L+M Development Partners, Invesco and Omni New York round out the group. Altogether, the landlords committed to achieve carbon neutrality at more than 52 million square feet of high-rise office buildings and 250 multifamily buildings consisting of 12,000 units by no later than 2035. ....

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New York announces $50m challenge to decarbonise high-rise buildings


New York announces $50m challenge to decarbonise high-rise buildings
A total of 10 real estate groups have been selected, with each company committing to achieving carbon neutrality in one or more buildings they own through investments in energy efficiency, electrification, energy storage and retrofit projects
Image: Shutterstock
A total of 10 real estate groups have been announced as partners in New York’s $50 million (£36m) challenge to establish public-private partnerships to decarbonise high-rise buildings across the state.
Each real estate group selected for the Empire Building Challenge has committed to achieving carbon neutrality in one or more buildings it owns through investments in energy efficiency, electrification, energy storage and retrofit projects. ....

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How LeBron James Uses His Influence to Improve Community Development


How LeBron James Uses His Influence to Improve Community Development
Mr. James has joined an expanding national movement that mixes community needs into the formula for socially responsible projects.
The LeBron James Family Foundation turned an office building in Akron, Ohio, into the I Promise School for underperforming students.Credit.Angelo Merendino for The New York Times
Published March 9, 2021Updated March 16, 2021
AKRON, Ohio Professional sports stars often use their prominence to influence public opinion and advocate change, including in real estate development. One standout is LeBron James, the Los Angeles Lakers forward and four-time National Basketball Association champion.
In Akron, Mr. James is building a model for advancing education and social assistance in the West Market Street neighborhood, where he was raised. A new school, three residential buildings and a sports-and-entertainment complex represent more than $20 million in investment by th ....

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