There are two ways—and only two ways—to balance a budget: increase revenue or decrease spending. Whether you’re the treasurer of a co-op board or the President of the United States, those are the only two levers at your disposal. Ene…
It many circles it’s considered socially or politically correct to “go green” when embarking on new construction projects or updating an existing property. Cost-saving initiatives include solar roofs, energy-efficient lighting and appli…
Green truly is the new black in New York City. As more and more co-ops, condos and HOAs look to save money as expenses rise, more and more boards, shareholders and unit owners are exploring ways to incorporate “greening” into their buil…
The concept of 'greening' has become so firmly entrenched in our national discourse over the last few years, it's hard to imagine a time when recycling, clean energy, and reducing our carbon footprint were novel ideas with just a few v…
The Big Apple is looking awfully green these days. After all, there’s so much going on in the city to make it greener, more environmentally conscious and more energy efficient than ever before. A few years ago, New York City was named o…
Real estate professionals, developers and builders are all reporting the same thing: today’s homebuyers who are looking for maximum value are asking for more than granite countertops and hardwood floors—they want energy savings and green …
New York City officially became a leader of “green” initiatives when Mayor Michael R. Bloomberg announced his “PlaNYC 2030” initiative in 2007, although many elements of this omnibus serious of measures were public policy in the city wel…
It seems that nearly everything is going “green” these days. Whether it’s the special green issue of a popular consumer magazine, an advertisement for a fuel-efficient hybrid car or a push toward environmentally friendly building materi…
New Yorkers are obsessed with real estate development. We all pause to stare at the listings in our local real estate office window, and everybody knows the average price of an apartment in Manhattan (currently $1.7 million). Citywide, m…
Ever since An Inconvenient Truth , Al Gore's eye-opening documentary on global warming opened in 2006, the level of awareness among the general public on environmental issues has skyrocketed. Since then, there have been sobering natio…